STRUKTUR MODAL SEBAGAI VARIABEL MEDIASI DALAM KETERKAITAN PERTUMBUHAN PERUSAHAAN DENGAN PROFITABILITAS

Abstract

The purpose of this study are (1) Analyze and explain the effect of company
growth on profitability (profitability) at PT. Mustika.Ratu and Subsidiaries; (2)
Analyze and explain the influence of company growth on capital structure at PT.
Mustika.Ratu and Subsidiaries; (3) Analyze and explain the influence of capital
structure on profitability at PT. Mustika.Ratu and Subsidiaries (4) Analyzing the
role of capital structure in mediating the relationship of company growth with
profitability at PT. Mustika.Ratu and Subsidiaries. Data analysis technique using
Partial Least Square (PLS) approach. The results of the first hypothesis testing
obtained that the growth rate of the company (company growth) significantly
negatively affect the capital structure at PT. Mustika Ratu and Subsidiaries.
Results of testing the second hypothesis; obtained that the growth of company
(company growth) have a significant positive effect on profitability at PT.
Mustika Ratu and Subsidiaries. Results of testing the third hypothesis; obtained
that capital structure of company (capital structure) have a significant negative
effect on profitability at PT. Mustika Ratu and Subsidiaries. Also the capital
structure is able to mediate the relationship between firm growth and profitability.