The Effect of Capital Structure, Ownership Structure on Profitability in Manufacturing Companies Listed on the Indonesia Stock Exchange Study on LQ45 Company Period 2017 2019

Profitability is the company's ability in making a profit with all the capital working in it. This study aims to analyze the effect of capital structure and ownership structure on profitability. The population in this study are LQ45 companies listed on the Indonesia Stock Exchange for the 2017 2019 period. The sampling technique was purposive sampling and obtained 20 manufacturing companies. Multiple regression analysis method was used to analyze the effect of the independent variable on the dependent variable. The results showed that partially the capital structure DER had a significant negative effect on profitability ROA and ownership structure INST had a significant effect on profitability ROA . Simultaneously capital structure and ownership structure have a significant effect on profitability ROA . Karina Silaen | Montaris Silaen | Lasman Eddy Bachtiar "The Effect of Capital Structure, Ownership Structure on Profitability in Manufacturing Companies Listed on the Indonesia Stock Exchange (Study on LQ45 Company Period 2017-2019)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5 , August 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50482.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/50482/the-effect-of-capital-structure-ownership-structure-on-profitability-in-manufacturing-companies-listed-on-the-indonesia-stock-exchange-study-on-lq45-company-period-20172019/karina-silaen