Abstract :
This study aims to determine the effect of profitability, liquidity, non-debt tax shield and growth opportunity on the capital structure of basic and chemical industrial companies listed on the Indonesia Stock Exchange. This study uses quantitative data and the method used is purposive sampling. The sample in this study amounted to 8 basic industrial companies and chemicals from 2013-2018. The result of this study indicate that profitability, liquidity, non-debt tax shield and growth opportunity have a significant effect on capital structure simultaneously. Liquidity partially has a negative and significant effect on capital structure, non-debt tax shield partially has a negative and significant effect on capital structure, growth opportunity partially has a postive and significant effect on capital structure and profitability partially has a negative and insignificant effect on capital structure.