The Effect of Capital Structure and Liquidity on Investment Decisions with Profitability as Intervening Variable in Manufacturing Companies Listed on Bei
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2022, Vol 5, Issue 09
Abstract
This study aims to examine the effect of capital structure and liquidity on investment decisions with profitability as an intervening variable. The method used in this sampling is purposive sampling. The sample in this study were 63 manufacturing companies listed on the Indonesia Stock Exchange for the 2018-2020 period. The data analysis technique used in this research is the path analysis technique and the Sobel test. The results showed that capital structure had a negative and significant effect on profitability and liquidity had no effect on profitability, then capital structure, liquidity and profitability had a positive and significant effect on investment decisions.
Authors and Affiliations
Ni Luh Gede Rustina Dewi, Gregorius Paulus Tahu, Putu Kepramareni, I Made Dauh Wijana
Keywords
Related Articles
- EP ID EP709469
- DOI 10.47191/ijmra/v5-i9-26
- Views 63
- Downloads 0
Botanical Leaf Extracts and Mulching Materials in Organic Eggplant (Solanum Melongena L.) Off Season Production
The extensive use of pesticides and the risk they pose to human and the environment requires safe alternatives in crop production hence the study on the efficacy of botanical leaf extracts and mulching materials in organ...
In The Mirror Game: Ubuntu Philosophy and Umbundu
The Epistemologies of the South awaken our reflection to knowledge and practices of the traditional African culture which have been silenced in the historical unfolding. Such is the case of Ubuntu. In this philosophy of...
Research and Design of Hexagonal Gaming System
In recent years, Hexagonal chess has gradually appeared in various machine gaming competitions, and is popular among the public because of its simple and fair game rules. In this system, a computer game program is studie...
Application of Learning Theory in the 5-1-2 Pattern MBKM Curriculum at the Al-Fatimah Islamic Institute of Bojonegoro
The preparation and implementation of the MBKM Curriculum in Higher Education will be clearer, more systematic and structured if it is based on appropriate learning theories. Furthermore, MBKM at IAI Al-Fatimah Bojonegor...
The Role of Sport in Improving Physical Health and Fitness: A Literature Study
The purpose of this study was to examine the role of sport in improving physical health and fitness by exercising. This research is a type of qualitative research and belongs to the category of literature study, in which...