scholarly journals Pengaruh Struktur Modal, Likuiditas, Tingkat Pertumbuhan, dan Efisiensi terhadap Profitabilitas

2020 ◽  
Vol 2 (3) ◽  
pp. 673
Author(s):  
Desi Agustina ◽  
Indra Widjaja

This study aims to examine the effect of capital structure, liquidity, growth rates, and efficiency on profitability. This study uses a non-experimental quantitative research design and a causal comparison method (Ex-post facto)with secondary data (data taken from the company's financial statements) from 41 companies in the Property, Real Estate, and Building Construction companies on the Indonesia Stock Exchange in the 2014-2017 period. The sample is determined by judgmental sampling technique. Hypothesis testing through multiple linear regression test. The results found that empirically capital structure has a positive and significant effect on profitability. Liquidity has a negative and not significant effect on profitability. The growth rate has a positive and significant effect on profitability. And finally, efficiency has a positive and significant effect on profitability.Penelitian ini bertujuan untuk menguji pengaruh struktur modal, likuiditas, tingkat pertumbuhan, dan efisiensi terhadap profitabilitas. Penelitian ini memakai desain penelitian kuantitatif non-eksperimental dan metode perbandingan kausal (Ex-post Facto) dengan data sekunder (data diambil dari laporan keuangan perusahaan) dari 41 perusahaan Industri Properti, Real Estate, dan Building Construction di BEI periode 2014-2017. Sampel ditentukan dengan teknik judgemental sampling. Pengujian hipotesis melalui uji regresi linier ganda. Hasil penelitian menemukan bahwa secara empiris struktur modal memiliki pengaruh positif dan signifikan terhadap profitabilitas. Likuiditas memiliki pengaruh negatif dan tidak signifikan terhadap profitabilitas. Tingkat pertumbuhan memiliki pengaruh positif dan signifikan terhadap profitabilitas. Dan terakhir, efisiensi memiliki pengaruh positif dan signifikan terhadap profitabilitas.

2019 ◽  
Vol 3 (2) ◽  
pp. 137
Author(s):  
Ninin Non Ayu Salmah ◽  
Sri Ermeila

The purpose of this research is to determine the effect of profitabity, asset structure and size on the capital structure of the Building Construction Sub-sector Company in the Indonesia Stock Exchange. This research is quantitative research Population are companies listed on the Building Construction Subsector on the Indonesia Stock Exchange, totaling 16 companies. The observation period is 2014 to 2018. The sample is determined based on non probability sampling with a purposive sampling technique. The total sample is 9 companies. The data used is secondary data. Data collection technique is documentation. Data analysis techniques are multiple linear regression with classical assumption, coefficient of determination and hypothesis test. The results of this research are simultaneously profitability, asset structure and size have a significant effect on capital structure, partially profitability has a negative and not significant effect on capital structure, partially the asset structure and size have positive and significant effect on capital structure, the regression equation is Y = -4,527-0,011X1 + 0.082X2 + 0.414X3 which shows profitability has a negative effect, asset  structure  and size has a positive effect, the coefficient of determination 34.3% which means the contribution of profitability, asset structure and size to capital structure is 38.8% while the remaining 61.2% is contributed by other variables not analyzed in this research.


2018 ◽  
Vol 4 (2) ◽  
pp. 15-28
Author(s):  
Nova Adhitya Ananda ◽  
I Nyoman Nugraha Ardana P

ABSTRACT  The purpose of this research is to find the influence of growth opportunity and capital structure on firm value. The research objects used is property, real estate and building construction company which listed in Indonesian Stock Exchange in 2011-2014. This research used a purposive sampling technique in determining the research sample. The number of companies chosen as the sample in 37 company of 54 companies registered in property, real estate and building construction sector. This research was included in the explanatory research using quantitative approach. Data analysis method used in this research is partial least square (PLS) analysis. The result showed that in directly growth opportunity and capital structure has a significant effect on firm value. Growth opportunity undirectly has significant effect on the firm value by means of capital structure. Growth opportunity has a positive and significant effect on capital structure and capital structure has a negative and significant effect on firm value.Keywords : Growth Opportunity, Capital Structure and Firm Value


2016 ◽  
Vol 5 (4) ◽  
Author(s):  
Nova Adhitya Ananda

This research is aimed at determining the effect of profitability, growth opportunity, and capital structure on the value of company. The object of this research is companies in the sector of property, real estate and building construction registered in Indonesian Stock Exchange during the period of 2011-2014. This research is using purposive sampling technique in determining samples. There are 37 out of 54 registered in the sector of property, real estate and building construction companies selected as the samples. The data were analyzed using partial least square (PLS) analysis. The research showed that growth opportunity and capital structure have direct significant effect on the value of company, while the profitability has not affected the value of company. Growth opportunity indirectly has positive effect on the value of company through the capital structure. Growth opportunity has positive effect on the capital structure. Profitability has positive and significant effect on the capital structure while capital structure has negative effect on the value of company.Key Words : Growth Opportunity, Profitability, Capital Struture And Value Of Company.


Author(s):  
Albert Wijaya ◽  
Juliana Juliana ◽  
Valen Avelina

Property issuers must be prepared to face another year of sluggish market where after three years there has been a continuous cycle of weakness. The purpose of this research is to see the influence. Capital Structure, Liquidity, Company Size, Debt Policy and Profitability against Company Value in property companies, re-evaluation and construction of buildings listed on the Indonesia Stock Exchange for the 2016-2019 Period. Quantitative research approach. This type of descriptive quantitative research. The nature of this research is due and effect / causal. The population in this study were 83 types of property, real estate, and building construction companies listed on the Indonesia Stock Exchange for the 2016-2019 Period. The sample is 23 companies. The result is that the capital structure has no partial effect on company value in companies, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 Period. Liquidity does not partially affect the value of property, real estate and building construction companies listed on the Indonesia Stock Exchange for the 2016-2019 period. The size of the company does not have a partial effect on the value of the company in property, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period. The debt policy does not have a partial effect on company value in property, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period. Profitability has a partial effect on company value in property, real estate, and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period. Capital structure, liquidity, company size, debt and profitability simultaneously influence the value of the company in property, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period.


2015 ◽  
Vol 14 (1) ◽  
Author(s):  
I Putu Suryawan ◽  
Putu Anom Mahadwartha

The purpose of this study was to find empirical evidence on the effect of capital structure on the value of a business entity in accordance with the static trade-off theory. This study used a sample of enterprises in the property, real estate and building construction sector that are listed in the Indonesian Stock Exchange during the period of 2009-2012. The selection of the sample in this study using a non-probability sampling technique with the type of purposive judgment sampling. The samples used in this study are 160 during the years of observation. The method of analysis in this study is using quadratic regression. The findings in this study indicate that capital structure significantly influence the value of a business entity in accordance with the static tradeoff theory.


2020 ◽  
Vol 4 (6) ◽  
pp. 246
Author(s):  
Andy Andy ◽  
Suwinto Johan

The main issues examined in this study are the effect of profitability, capital structure, and firm size on firm value. The type of research used is descriptive research. The population in this study are all property and real estate companies listed on the Indonesia Stock Exchange, amounting to 55 companies. The sampling technique was determined by purposive sampling so that 24 companies could be sampled. The data used in this study are secondary data. The dependent variable is firm value and the independent variable is profitability of capital structure, and firm size. The analytical model used is multiple linear regression analysis.From the results of hypothesis testing it is found that: First, profitability has a significant effect on firm value with a sig value of 0,000 <α = 0.05. Second, capital structure affects the value of the company with a sig value of 0.024 <α = 0.05. Third, the size of the company affects the value of the company with a sig value of 0.699> α = 0.05. Fourth, profitability, capital structure, and company size significantly influence the value of the company with sig 0,000 <α = 0.05.Based on the results of the study, researchers suggest to companies 1. In order to continue to increase profits so that profitability with increased profitability will affect the increase in firm value. 2. In order to be able to maintain its capital structure in order to be able to influence the value of the company. In addition the company must also maintain assets because with high assets will increase the value of ln total assets so that the size of the company will be high which will have a positive influence on the value of the company.


Owner ◽  
2020 ◽  
Vol 4 (2) ◽  
pp. 337
Author(s):  
Pratiwi Pardiastuti ◽  
Yuli Chomsatu Samrotun ◽  
Rosa Nikmatul Fajri

This study aims to analyze the factors that influence value company (PBV) which includes dividend policy (DPR), company size (SIZE), capital structure (DER), liquidity (CR), and profitability (ROA). The population in this study  is a manufacturing company in the consumer goods industry sector listed on Indonesia Stock Exchange (IDX) for the period 2016-2018. The sampling technique uses the method purposive sampling, so we obtained a sample of 18 companies. Type quantitative research. Data sources in the form of secondary data. Data analysis used is multiple linear regression analysis. The results showed that partially dividend policy (DPR), capital structure (DER) and profitability (ROA) affect on value company (PBV). While the size of the company (SIZE) and liquidity (CR) has no affect on value company (PBV).


2020 ◽  
Vol 3 (2) ◽  
pp. 300-310
Author(s):  
Stephanie Stephanie ◽  
Lindawati Lindawati ◽  
Suyanni Suyanni ◽  
Christine Christine ◽  
Efvina Oknesta ◽  
...  

At present the development of property and housing companies is very rapid. The purpose of this research is to be able to determine the effect of Liquidity, Leverage and Company Size on Financial Distress in Property and Real Estate Companies listed on the Indonesia Stock Exchange Period 2013-2017. The approach used is quantitative research. Researchers use secondary data types and sources. The population of this research is 48 Property and Real Estate Companies listed on the Indonesia Stock Exchange in the period 2013-2017. The sample is 29 Property and Housing Companies listed on the Indonesia Stock Exchange for the period 2013-2017 with 145 observational samples. The sampling technique is a purposive sampling method. Data Analysis Technique used is Logistic Regression. The results of this study are liquidity affecting financial distress in Property and Real Estate companies listed on the Indonesia Stock Exchange. Leverage does not affect financial distress in Property and Real Estate companies listed on the Indonesia Stock Exchange. The size of the company does not affect financial distress in Property and Real Estate companies listed on the Indonesia Stock Exchange. Liquidity, leverage and company size affecting financial distress in Property and Estate companies listed on the Indonesia Stock Exchange. Keywords: Liquidity, Leverage, Company Size and Financial Distress


2020 ◽  
Vol 5 (2) ◽  
pp. 1-12
Author(s):  
Ranila Suciati

This study aims to determine the effect of Liquidity, Growth Opportunities, and Tangible Assets on the Capital Structure of Property and Real Estate Companies in Indonesia. This research is a quantitative research which aims to systematically explain the facts and properties of an object in the study and then merge between the variables associated with it by presenting secondary data from financial statements of property companies in Indonesia. The population used in this study are property companies listed on the Indonesian stock exchange in the period 2012-2016. The sample used in this study were 32 property companies in Indonesia by using the purpose sampling method to obtain a representative sample that matches the established criteria. In this study, the data analysis method used is the panel data regression method which is a combination of time series and cross sections in property companies in Indonesia. Research results for property companies in Indonesia The R square value of this model is 0.5126 which means that variations of capital structure that can be explained by the independent variables analyzed are LIQ, GROWTH, and TANG by 51.26 percent and the remaining 48.74 percent explained by other factors not included in this study.


2021 ◽  
Vol 21 (02) ◽  
Author(s):  
Dhian Andanarini Minar Savitri ◽  
Dian Kurniasari ◽  
Amos Mbiliyora

ABSTRACT This study aims to analyze the factors that influence firm value with capital structure as a intervening variable in manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019.This research is a causal research with ex post facto type. The population in this study were all manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. The sampling technique is purposive sampling, which is collecting samples with certain criteria as a benchmark for collection, so that a sample of 141 companies is obtained. Data collection techniques with the method of documentation that is analyzing the company's annual report. Data analysis techniques used to answer the research hypothesis are multiple regression which are operated through the SPSS program.The research shows that profitability and firm size has no effect on firm value, Profitability has a negative effect on capital structure, firm size has a positive effect on capital structure,capital structure has a negative effect on firm value, and capital structure has no proven to mediate the effect of profitability and firm size to firm value.


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