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<p>This research discusses whether there are effect of capital structure on leverage. Independent<br />variable consist of firm size, firm growth, tangibility of assets, profitability, and risk. Dependent<br />variable divided into 3 indicators such as total debt ratio, long term debt ratio, and short term<br />debt ratio. The study consisted of 164 nonfinancial industries, which was obtained from official<br />website of Indonesia Stock Exchange (http://www.idx.co.id). The sampling method useddoi:10.25105/jmpj.v7i2.809 fatcat:e7z2uvck6jfhtaqmhvlvql2pou