%0 Thesis
%9 Skripsi
%A Mohamad Ismail Habibi, NIM.: 19108010119
%B FAKULTAS EKONOMI DAN BISNIS ISLAM
%D 2026
%F digilib:78075
%I UIN SUNAN KALIJAGA YOGYAKARTA
%K Struktur Modal, Debt to Equity Ratio (DER), Produk Domestik Bruto  (GDP), Inflasi, Nilai Tukar (Kurs), Dynamic Trade-Off Theory
%P 105
%T DETERMINASI FAKTOR MAKROEKONOMI TERHADAP STRUKTUR MODAL PADA PERUSAHAAN SEKTOR MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA PERIODE 2016-2025
%U https://digilib.uin-suka.ac.id/id/eprint/78075/
%X This study aims to analyze the effect of macroeconomic factors consisting  of Gross Domestic Product (GDP) Growth, Inflation, and Exchange Rate on  Capital Structure proxied by the Debt to Equity Ratio (DER) in food and beverage  sector companies listed on the Indonesia Stock Exchange (IDX) for the 2016–2025  period. The research approach used is quantitative causal-associative with  purposive sampling techniques, yielding 5 large-cap sample companies and a total  of 50 observation data. The data analysis method uses panel data regression with  the Fixed Effect Model (FEM) approach via STATA 17 software. Based on the test  results, partially, GDP Growth has no significant effect on DER due to the defensive  nature of the industry and strong internal funding; Inflation has no significant effect  on DER due to controlled national inflation levels and companies' pricing power in  adjusting product prices; and the Rupiah Exchange Rate also has no significant  effect on DER due to the effectiveness of risk mitigation strategies such as hedging  and the dominance of Rupiah-based funding.
%Z Dr. Miftakhul Choiri, S.Sos.I., M.S.I.