Effect of Profitability, Firm Size and Tax on Capital Structure

ABSTRACT : This research was conducted to determine the effect of profitability, firm size, and tax on capital structure. The location of this study was issued in companies in the industry, hotels and restaurants published on the Indonesia Stock Exchange during the period 2016 to 2018. The analysis technique used in this study is multiple linear regression. The results in this study are (1) profitability has a positive and significant effect on capital structure (2) company size has a positive and significant effect on capital structure (3) tax has a positive and significant effect on capital structure.

Keywords–profitability, firm size, tax, capital structure