@thesis{thesis, author={Yanty Novy}, title ={PENGUJIAN PECKING ORDER THEORY PADA STRUKTUR MODAL PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI}, year={2018}, url={http://eprints.ukmc.ac.id/9175/}, abstract={This study to determine the effect of tangibility of assets, firm size, market to book ratio, and profitability to capital structure through debt policy. This study also aims to see the application of pecking order theory in manufacturing companies listed on the BEI in the period 2012 to 2016. Sampling in this study was conducted by purposive sampling method that produced 284 observation data. Hypothesis testing was performed using multiple linear regression analysis technique. The results of this study indicate that firm size has a positive (significant) effect on the market to book ratio debt policy has a positive (significant) effect on debt policy, profitability has a negative effect on debt policy, while tangibility of assets has no significant effect on debt policy. Keywords: Pecking order theory, capital structure, debt policy, tangibility of asset, firm size, market to book ratio, profitability} }