| Each company faced with an important financial decision regarding the company's capital structure. This decision relates to the selection of the source of funds that will be used by the company. Company managers should determine the source of funds that can optimize the capital structure of the company. Optimal capital structure is a capital structure that can minimize the cost of capital. In determining the capital structure, company need to consider several factors. The purpose of this research is to examine the effect of profitability, liquidity, firm size, business risk, growth in assets, growth in sales, asset structure, and non-debt tax shield to capital structure in the manufacturing companies listed in Bursa Efek Indonesia over the period 2011-2013.The research sample included 213 companies selected through purposive sampling methods. Empirical finding reveals that profitability has negative effect on capital structure. Firm size, growth in assets, growth in sales, and assets structure have positive effect on capital structure in the manufacturing companies listed in Bursa Efek Indonesia. While liquidity, business risk, and non-debt tax shiled does not have an effect on capital structure. |