scholarly journals The Effects of Profitability, Leverage, and Liquidity on Financial Distress on Retail Companies Listed on Indonesian Stock Exchange

2020 ◽  
Vol 10 (1) ◽  
pp. 45
Author(s):  
Neneng Susanti ◽  
Ifa Latifa ◽  
Denok Sunarsi
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Random Effect ◽  
Significant Positive Effect ◽  
Return On Assets ◽  
Significance Level ◽  
Panel Data Regression ◽  
Data Regression ◽  
Retail Company ◽  
Positive Effect

The study aims to find out the influence of profitability variables (Return On Assets), Leverage (Debt To Asset Ratio) and liquidity (Current Ratio) on Financial Distress on retail companies listed on the 2014-2018 period Indonesian Stock Exchange. The population of this study is the entire company contained on the Indonesian Stock Exchange listed retail company of the period 2014-2018. The research sample consists of 21 companies used by purposive sampling methods and taken that meet with criteria from predetermined research samples. The data analysis method used is panel data regression analysis (Random Effect) with a significance level of 5 percent. Based on the results of the research that has been conducted led to that, simultaneously Profitability, Leverage and Liquidity variables have an effect on Financial Distress. Partially variable Profitability has a significant positive effect on Financial Distress, Leverage variables have a significant positive effect on Financial Distress, and negatively significant negatively influential Liquidity variables on Financial Distress. The magnitude of the influence of Profitability, Leverage, and Liquidity on Financial Distress amounted to 98.87 percent, while the rest amounted to 1.13 percent was affected by other variables outside of research. 

scholarly journals Effect of Liquidity, Profitability, and Sales Growth on Capital Structure (in Manufacturing Companies)

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Marlina Marlina ◽  
Dahlia Pinem ◽  
Nur Fatkhul Hidayat
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Sales Growth ◽  
Significant Positive Effect ◽  
Manufacturing Companies ◽  
Microsoft Excel ◽  
Significance Level ◽  
Panel Data Regression ◽  
Data Regression ◽  
Positive Effect

Abstract - This research was conducted to examine the effect of liquidity, profitability and sales growth on capital structure. This research was conducted at manufacturing companies listed on the Indonesia Stock Exchange. The technique of determining the sample using purposive sampling method. Selection of samples from 165 manufacturing companies listed on the Indonesia Stock Exchange in 2016-2018 resulted in 33 companies being accepted. Data analysis was performed using Microsoft Excel 2013 and hypothesis testing in this research used Panel Data Regression Analysis with the E-Views 9.0 program and a significance level of 5%. The results of the test were obtained (1) the liquidity stated by CR has no significant effect on the capital structure. (2) profitability stated by ROE has a significant positive effect on capital structure, (3) sales growth stated by SG has no significant positive effect on capital structure. Keywords: liquidity, profitability, sales growth, capital structure

scholarly journals Determinan Nilai Perusahaan Pada Perusahaan Makanan Dan Minuman Di Bursa Efek Indonesia

2021 ◽  
Vol 4 (2) ◽  
pp. 74-90
Author(s):  
Sylma Izzati Maldina ◽  
Jubaedah Nawir ◽  
Dahlia Br Pinem
Keyword(s):  
Firm Value ◽  
Stock Exchange ◽  
Significant Positive Effect ◽  
Significance Level ◽  
Panel Data Regression ◽  
Data Regression ◽  
Food And Beverage ◽  
Sample Technique ◽  
Saturated Sample ◽  
Positive Effect

By using a quantitative study, this research aims to determine the effect of Liquidity, Leverage, and Profitability on Firm Value. This research used food and beverage companies on the Indonesia Stock Exchange for the 2016-2019 period as a population and all companies listed in same sector with an observation period of four years as a sample because the sample technique used is a saturated sample, so that all 30 companies are obtained for the 2016-2019 period as a sample data. This research is tested through E-Views 11 using Panel Data Regression Analysis Method with a significance level of 5%. The results of this study are there is no significant effect between Liquidity and Firm Value, there is a significant positive effect between Leverage and Firm Value, there is a significant positive effect between Profitability and Firm Value.

scholarly journals PENGARUH LEVERAGE, INTENSITAS ASET TETAP, DAN UKURAN PERUSAHAAN TERHADAP AGRESIVITAS PAJAK

2021 ◽  
Vol 14 (2) ◽  
pp. 417-427
Author(s):  
Eka Ridho Nur Rochmah ◽  
Rachmawati Meita Oktaviani
Keyword(s):  
Firm Size ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Significant Positive Effect ◽  
Manufacturing Companies ◽  
Tax Aggressiveness ◽  
Panel Data Regression ◽  
Data Regression ◽  
Fixed Assets ◽  
Positive Effect

This study aims to determine the effect of leverage, fixed asset intensity, and firm size on tax aggressiveness. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2020 period. The sample of this research was taken using non-probability sampling method with purposive sampling technique and certain criteria. The method used in this research is panel data regression analysis. The results of this study indicate that leverage has a significant positive effect on tax aggressiveness, while the intensity of fixed assets has no effect on tax aggressiveness, and firm size has a significant positive effect on tax aggressiveness. The implications of the results of this study provide input to companies in making decisions to minimize the tax burden paid so that companies can be more aggressive towards taxes.

scholarly journals PENGARUH KEPEMILIKAN INSTITUSIONAL, INTELLECTUAL CAPITAL, DAN LEVERAGE TERHADAP FINANCIAL DISTRESS

2019 ◽  
Vol 2 (2) ◽  
pp. 27
Author(s):  
Saskhia Irving Maest Purba
Keyword(s):  
Intellectual Capital ◽  
Financial Distress ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression

The purpose of this study is to determine the influence of institutional ownership (KI), intellectual capital (IC) and Leverage (DER) to financial distress (Springate) financial distress condition. Independent variables in this study are institutional ownership (KI), intellectual capital (IC) and Leverage (DER) and financial distress (Springate) partially or simultaneously. Population in this study is Manufacture companies’s sector listed on Indonesia Stock Exchange in 2014-2017. The sampling technique was using purposive sampling, obtained 128 sample data and use Panel data regression analysis using software Eviews 10. Random effect model was chosen after 3 regression panel test. Simultaneously, all the independet variables have significant effect to dependent variable (financial distress). Partially intellectual capital (IC) have negative significant effect with to financial distress. Leverage (DER) have positive significant effect to financial distress. But institutional ownership (KI) have no significant effect to financial distress. Keyword: Financial distress, Institutional Ownership, Intellectual Capital, Leverage

scholarly journals Penyaluran Kredit dan Tingkat Likuiditas: Bukti Empiris pada Bank Umum di Indonesia

2021 ◽  
Vol 9 (1) ◽  
pp. 138
Author(s):  
Arnoldus Hesron Bhoka ◽  
Sari Yuniarti ◽  
Mohammad Burhan
Keyword(s):  
Panel Data ◽  
Stock Exchange ◽  
Generalized Least Squares ◽  
Bank Lending ◽  
Estimation Model ◽  
Return On Assets ◽  
Panel Data Regression ◽  
Data Regression ◽  
Positive Effect ◽  
Unbalanced Panel Data

This paper examines the effect of bank lending on liquidity. We use the loan-to-deposit ratio as a proxy for liquidity and total loan as a proxy for bank lending. We also consider the measurement of liquidity with non-performing loans (NPL) and return on assets (ROA) as control variables. The sample used is the banks listed on the Indonesia Stock Exchange as many as 42 banks with a total of 184 observations from unbalanced panel data. The analysis used is panel data regression (generalized least squares) with random effects as the best estimation model. We find bank lending to have a positive effect on liquidity, especially for banks that go public. We argue that banks avoid bankruptcy by increasing the proportion of reserves to absorb risk. The results support the “risk absorption” hypothesis (Berger Bouwman, 2009). We also find that return on assets (ROA) has a significant effect on liquidity, but non-performing loans (NPL) have no significant effect on liquidity, proving that banks has managed their reserves by absorbing risk properly.

scholarly journals PENGARUH MODAL INTELEKTUAL DAN PENGUNGKAPAN LAPORAN KEBERLANJUTAN TERHADAP PROFITABILITAS (Studi pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Periode 2014-2016)

2018 ◽  
Vol 4 (2) ◽  
pp. 1211-1224
Author(s):  
Sri Wulandari Martiningsih ◽  
Willy Sri Yuliandhari
Keyword(s):  
Panel Data ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Sample Selection ◽  
Significance Level ◽  
Panel Data Regression ◽  
Data Regression ◽  
Sustainability Reports ◽  
Profitability Ratios ◽  
Positive Effect

Companies listed on the Indonesia Stock Exchange are companies that need funds from investors so that stakeholders have an important role in the sustainability of the company. companies must make returns on investments made by investors so that companies do various ways to increase profits. Profitability ratios can be used to measure profits that can be obtained by the company. The purpose of this study to analyze the factors that are considered to affect the company's profitability include intellectual capital calculated using the VAICTM formula and disclosure of sustainability reports calculated using the IndexSR formula based on the GRI-G4 Sustainability Report Guidelines. The sample in this study were 19 companies listed on the Indonesia Stock Exchange for the 2014-2016 period. The method used in this study is descriptive statistics and panel data regression. The sample selection technique used is purposive sampling. Data analysis method uses panel data regression analysis with a significance level of 5%. Based on the results of the study, simultaneous intellectual capital and disclosure of sustainability reports have a significant effect on company profitability of 31.4701%. Partially, intellectual capital has a significant positive effect on profitability while disclosure of sustainability reports does not affect profitability.

scholarly journals CAPITAL ADEQUACY RATIO, LOAN DEPOSIT RATIO DAN NON PERFORMING LOAN TERHADAP PROFITABILITAS

2017 ◽  
Vol 9 (2) ◽  
pp. 88-93
Author(s):  
Alfian Agus Putranto ◽  
Farida Titik Kristanti ◽  
Dewa Mahardika
Keyword(s):  
Commercial Bank ◽  
Stock Exchange ◽  
Sample Selection ◽  
Capital Adequacy ◽  
Return On Assets ◽  
Panel Data Regression ◽  
Capital Adequacy Ratio ◽  
Data Regression ◽  
Negative Effect ◽  
Positive Effect

ROA is used to measure the ability of the bank’s management in obtaining the overall profit of the total assets owned. This study aims to examine the influence of Capital Adequacy Ratio (CAR), Loan Deposit Ratio (LDR) and Non Performing Loan (NPL). Profitability is proxied by Return on Assets (ROA) in Commercial Bank listed on Indonesia Stock Exchange (BEI) in the period of 2011-2015. The population in this study are the commercial bank listed on the Stock Exchange. Sample selection technique used is purposive sampling and acquired 31 commercial banks with the 2011-2015 study period. Methods of data analysis is panel data regression analysis. The results showed that simultaneous Capital Adequacy Ratio (CAR), Loan Deposit Ratio (LDR) and Non Performing Loan (NPL) have a significant effect on profitability. While partially, Capital Adequacy Ratio (CAR) significant positive effect, Non Performing Loan (NPL) significant negative effect, while Loan Deposit Ratio (LDR) has no effect on profitability.

scholarly journals Influence Financial Distress, Firm Size, and Leverage on Audit Delay with Auditor Reputation as Moderating Variable

2021 ◽  
Vol 6 (3) ◽  
pp. 16-22
Author(s):  
Hasmaynelis Fitri ◽  
Dessy Haryani ◽  
Ramdani Bayu Putra ◽  
Sri Annisa
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Company Size ◽  
Manufacturing Companies ◽  
Panel Data Regression ◽  
Data Regression ◽  
Effect Estimation ◽  
Research Period ◽  
Positive Effect ◽  
Auditor Reputation

This study aims to examine how much influence Financial Distress, company size, and Leverage have on Audit Delay with Auditor Reputation as a Moderating Variable in All Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX) for the 2015-2019 Period. Sampling in the study using the method of purposive sampling obtained 32 companies with a research period of 5 years. The analytical method used in this study is panel data regression analysis with Fixed Effect estimation results using Eviews 9. The results showed that financial distress partially had a positive effect, company size partially had a positive and significant effect on audit delay, while leverage had a positive effect on audit delay.

scholarly journals The Effect of Dividend Payout Ratio, Net Profit Margin, and Return on Assets on The Growth of Income (Case Study On Coal Mining Sector Companies Registered in Indonesia Stock Exchange Period 2017-2019)

2020 ◽  
Vol 1 (5) ◽  
pp. 319-325
Author(s):  
Sigit Prabowo
Keyword(s):  
Coal Mining ◽  
Regression Coefficient ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Significant Positive Effect ◽  
Return On Assets ◽  
Significance Level ◽  
Positive Effect ◽  
Profit Growth

The purpose of this study was to determine whether there was an influence between DPR, NPM, and ROA on company profit growth. The population used is coal mining companies listed on the Indonesia Stock Exchange, consisting of 17 companies with 3 periods, namely 2017-2019. The sampling technique is done by means of saturated samples or census samples, in which the entire population is used as the sample. The data in this study are secondary data. Data analysis used multiple linear regression using SPSS. Tests were carried out using a significance level of 0.05. The results of the partial DPR research show a regression coefficient of 0.073 (positive) with a sig value (0.999), meaning that it has a positive and insignificant effect on profit growth. The results of the research in partial NPM show a regression coefficient of 447.313 (positive) with a sig value (0.000) which means that it has a significant positive effect on profit growth and the results of the research in partially ROA show a regression coefficient of 340.076 (positive) with a sig value (0.007) which means that it has a significant positive effect. on profit growth.

scholarly journals Does intellectual capital drive firm performance? Data from secondary sector companies on the Indonesia Stock Exchange

2021 ◽  
Vol 6 (03) ◽  
pp. 107-116
Author(s):  
Akbar Syaifuddin As’ad ◽  
Rosinta Ria Panggabean
Keyword(s):  
Firm Performance ◽  
Panel Data ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Significant Positive Effect ◽  
Secondary Sector ◽  
Panel Data Regression ◽  
Data Regression ◽  
Considerable Impact ◽  
Positive Effect

This research aims to determine the effects of Intellectual Capital, Leverage, and Liquidity on Firm Performance. Sample are secondary sector companies on the Indonesia Stock Exchange and used panel data regression for analysis; this research found that Intellectual Capital and Liquidity had a significant positive effect on Firm Performance, and Leverage did not have a considerable impact.

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