THE INFLUENCE OF COMPANY SIZE, ASSET GROWTH, AND SALES GROWTH ON CAPITAL STRUCTURE IN THE AUTOMOTIVE SUB-SECTOR AND AUTOMOTIVE COMPONENTS IN THE INDONESIA STOCK EXCHANGE FOR THE 2016-2021 PERIOD

Abstract

This study aims to determine and analyze the effect of company size, asset growth, and sales growth on capital structure in the automotive and automotive components sub-sector on the Indonesia Stock Exchange for the 2016-2021 period.This study uses secondary data with associative quantitative research methods. The total population used in this study were 7 companies. The sampling technique in this study uses the techniquepurposive sampling which determines the criteria to be applied to a sample of 11 companies.The results showed that company size has a positive but not significant effect on capital structure, asset growth has a positive and significant effect on capital structure, and sales growth has a negative but not significant effect on capital structure.