Contraction of Capital Investment in Retail Trade Sub-Sector Companies on the Indonesia Stock Exchange
Abstract
This study aims to compare the investment contraction in the retail trade sub-sector on the Indonesia Stock Exchange (IDX). This study examines the effect of profitability as measured by ROE on capital structure as measured by DER in sub-sector companies in IDX during 2016-2020. This type of research uses verification research with explanatory survey method and sample method of a purposive-sampling in which there are 18 samples of retail company sub-sectors. Methods of data analysis using panel data regression with the results: Profitability has a negative and significant effect on capital structure.
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PDFDOI: https://doi.org/10.5296/ber.v11i3.18734
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