The effect of corporate governance on the capital structure : an Indonesian case

The purpose of the research was to analyze the effect of Corporate Governance on the Company's Capital Structure. The variable used in this study were director size, outside commissioner, director ownership, institutional investor, audit quality, CEO tenure, size, growth, profitability, and intangible asset. This research used a quantitative approach with multiple linear regression analysis model. This research used samples taken from non-financial sector companies listed on the Indonesia Stock Exchange (BEI) in 2011-2015. The number of samples used in this research was 300 observations. It was found that the whole variables were significant at the level of 5% except for growth variable and intangible asset was significant at the level of 10%.