Pengaruh Struktur Modal Terhadap Profitabilitas  (Studi Pada Perusahaan Pertambangan Yang Terdaftar di Bursa Efek Indonesia Periode 2011-2015)

Capital structure is one of the issue that attract many researchers in the field of finance and an important issue for any company because of its capability to directly effect on companies’ financial position. This study aims to determine the effect of debt to equity ratio (DER) and debt to assets ratio (DAR) as the dimension of capital structure to return on equity (ROE) and return on assets (ROA) as dimensions of company profitability ratios, either simultaneously or partially on mining companies listed in Indonesia Stock Exchange period 2011-2015. This research was conducted by using multiple linear regression analysis and yielded two equations of regression model. The data obtained are secondary data using documentation method. The result of regression analysis shows that the two dimensions of capital structure have significant effect to both dimensions of profitability simultaneously. While partially, only DAR which have a significant effect on the ROE and ROA. Struktur modal merupakan salah satu isu yang menarik banyak peneliti di bidang keuangan dan isu penting bagi perusahaan karena kemampuan struktur permodalan untuk mempengaruhi secara langsung posisi finansial perusahaan tersebut. Penelitian ini bertujuan untuk mengetahui pengaruh rasio hutang terhadap ekuitas (DER) dan rasio hutang terhadap asset (DAR) sebagai dimensi struktur modal terhadap return on equity (ROE) dan return on assets (ROA) sebagai dimensi rasio profitabilitas perusahaan, baik secara simultan maupun parsial pada perusahaan pertambangan yang terdaftar di Bursa Efek Indonesia periode 20112015. Penelitian ini dilakukan dengan menggunakan analisis regresi linier berganda dan menghasilkan dua persamaan model regresi. Data yang diperoleh adalah data sekunder dengan menggunakan metode dokumentasi. Hasil analisis regresi menunjukkan bahwa kedua dimensi struktur modal berpengaruh signifikan terhadap kedua dimensi profitabilitas secara simultan. Sementara sebagiannya, hanya dimensi DAR yang menunjukkan pengaruh signifikan terhadap dimensi ROE dan ROA.

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MODAL KERJA, SIZE, STRUKTUR MODAL DAN RETURN ON ASSET: STUDI EMPIRIS PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

Jurnal Riset Akuntansi dan Keuangan ◽

10.21460/jrak.2020.162.377 ◽

2021 ◽

Vol 16 (2) ◽

pp. 99

Author(s):

Fransiskus Rian ◽

Gendro Wiyono ◽

Mujino Mujino

Keyword(s):

Capital Structure ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Financial Statements ◽

Multiple Linear Regression Analysis ◽

Manufacturing Companies ◽

Working Capital ◽

Return On Assets ◽

Equity Ratio

ABSTRACT The purpose of this study is to examine whether working capital variables, size, and capital structure affect the return on assets. The population in this study are manufacturing companies in various sub-sectors proposed in the Indonesia stock exchange in 2016-2018. The type of data used in this study is secondary data from the company's annual financial statements as a sample that is used and processed using SPSS 16.00. This research uses the classic assumption test and the data analysis method used is multiple linear regression analysis. The results of the study show how working capital (ratio using current ratio, accounts receivable turnover, and net working capital), size, and capital structure (tested using a debt to equity ratio) are considered to compare asset returns.Keywords: working capital, size, capital structure, return on assets ABSTRAK Tujuan dari penelitian ini adalah untuk menguji apakah variabel modal kerja, ukuran, dan struktur modal berpengaruh terhadap return on assets. Populasi dalam penelitian ini adalah perusahaan manufaktur di berbagai sub sektor yang diusulkan di Bursa Efek Indonesia tahun 2016-2018. Jenis data yang digunakan dalam penelitian ini adalah data sekunder berupa laporan keuangan tahunan perusahaan sebagai sampel yang digunakan dan diolah menggunakan SPSS 16.00. Penelitian ini menggunakan uji asumsi klasik dan metode analisis data yang digunakan adalah analisis regresi linier berganda. Hasil penelitian menunjukkan bagaimana modal kerja (rasio menggunakan rasio lancar, perputaran piutang, dan modal kerja bersih), ukuran, dan struktur modal (diuji menggunakan rasio utang terhadap ekuitas) dipertimbangkan untuk membandingkan pengembalian aset.Kata kunci: modal kerja, ukuran, struktur modal, return on assets

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Analisis Pengaruh Profitabilitas, Solvabilitas, Dan Nilai Pasar Terhadap Return Saham Pada Perusahaan Go Publik Di Bursa Efek Indonesia (Studi Pada Perusahaan Jasa Sub Sektor Restoran, Hotel Dan Pariwisata)

JFRES Journal of Fiscal Regional And Economy Studies ◽

10.36883/jfres.v3i1.37 ◽

2020 ◽

Vol 3 (1) ◽

pp. 22-33

Author(s):

Sisilia Maria Parinusa

Keyword(s):

Regression Analysis ◽

Stock Return ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Predictor Variables ◽

Return On Assets ◽

Return On Equity ◽

Book Value ◽

Equity Ratio

Financial ratios are employed in this research to measure the influence of profitability, solvency and price to book value on stock return in restaurant, hotel and tourism companies which are listed on Indonesia Stock Exchange from period 2014 – 2018. The objectives of this study was to provide empirical findings whether profitability, solvency and price to book value have a significant influence on stock return. Multiple linear regression analysis was used to identify the strength of the effect of Return On Assets (ROA), Return On Equity (ROE), Debt to Equity Ratio (DER) and Price to Book Value (PBV) on stock return simultaneously and partially.The result of this study indicates that simultaneously ROA, ROE, DER and PBV have a significant effect on stock return and there is a positive significant effect of return on assets on stock return. Whereas price to book value has a negative significant effect on stock return in restaurant, hotel and tourism companies listed on IDX. Furthermore, return on equity and debt to equity ratio have no significant impact on stock return. Among the predictor variables, the data analysis showed that return on assets is the most important predictor variables in this regression model.

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Pengaruh Penerbitan Sukuk Ijarah Terhadap Return On Assets, Return On Equity dan Earning Per Share Emiten di Bursa Efek Indonesia Tahun 2009-2013

Jurnal Ekonomi Syariah Teori dan Terapan ◽

10.20473/vol2iss20156pp459-472 ◽

2015 ◽

Vol 2 (6) ◽

pp. 459

Author(s):

Rianda Ajeng Ardiyanti Putri ◽

Leo Herlambang

Keyword(s):

Regression Analysis ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Simple Linear Regression ◽

Return On Assets ◽

Return On Equity ◽

Earnings Per Share ◽

Analysis Technique ◽

Equity Ratio ◽

Independent Variable

Sukuk in Indonesia is growing rapidly with marked Corporate Sukuk issuance reached 65 Sukuk. Within this development also trigger the issuance of Ijarah Sukuk more in demand by the issuer as it is considered more prospective than the Mudharabah Sukuk.This study aimed to determine the issuance effect of Ijarah Sukuk on the financial performance issuer in the Indonesia Stock Exchange in 2009 to 2013. The independent variable in this study is Sukuk to Equity Ratio and the dependent variable in this study are Return on Assets, Return on Equity and Earnings per Share. The analysis technique used is a simple linear regression analysis OLS with 95% of confidence level.The results of this study show that Sukuk to Equity Ratio has significant effect on Return on Assets, but Sukuk to Equity Ratio has not significant effect on Return on Equity and Earnings per Share.

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Pengaruh Earning Per Share, Debt To Equity Ratio Dan Return On Equity Terhadap Saham LQ45

Jurnal Ilmiah Bisnis dan Ekonomi Asia ◽

10.32812/jibeka.v12i2.9 ◽

2018 ◽

Vol 12 (2) ◽

pp. 66-75

Author(s):

Rini Trah Purboyanti ◽

Ahmad Nizar Yogatama

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Stock Prices ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Financial Statement ◽

Return On Equity ◽

Analysis Technique ◽

Equity Ratio

This study aims to analyze how much Earning Per Share, Debt to Equity Ratio and Return On Equity to stock prices in companies indexed by the 2015-2017 LQ45 period. The population of this study is the LQ45 company that is consistently indexed in 2015-2017. The sample of this study uses purposive sampling. The sample in this study were 35 companies. The type of data used is secondary data derived from a summary of financial statement records. The analysis technique uses multiple linear regression analysis. The results of the study found that Earning Per Share had an effect on stock prices, while Debt to Equity Ratio and Return On Equity had no effect on stock prices for LQ45 indexed companies consistently in the 2015-2017 period.

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Analisis Pengaruh Faktor-Faktor Terhadap Underpricing pada Penawaran Umum Saham Perdana Di Bursa Efek Indonesia

Syntax Idea ◽

10.36418/syntax-idea.v3i9.1491 ◽

2021 ◽

Vol 3 (9) ◽

pp. 2127

Author(s):

Moch Irfandi ◽

Sri Muljaningsih ◽

Kiki Asmara

Keyword(s):

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Test Results ◽

Firm Age ◽

Return On Assets ◽

Independent Variables ◽

Earnings Per Share ◽

Equity Ratio

Underpricing is an IPO phenomenon in the capital markets and have been proven by researchers in many countries. This study aims to determine the effect of debt to equity ratio, earnings per share, company age, return on assets on underpricing listed on the Indonesia Stock Exchange in the 2015-2019 period. This study uses multiple linear regression analysis where debt to equity ratio, earnings per share, company age, return on assets as independent variables, and underpricing as dependent variable. This study uses a quantitative approach and the data used in this study are secondary data taken from periodic underpricing data listed on the Indonesia Stock Exchange from 2015 to 2019. The test results show that the variable debt to equity ratio, earnings per share has a positive and significant effect. on underpricing, the firm age variable has no effect on underpricing and the variable return on assets has a negative and significant effect on underpricing.

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Pengaruh CR dan DER terhadap ROE pada Perusahaan Perdagangan Eceran di BEI Periode 2015-2018

Owner ◽

10.33395/owner.v4i2.298 ◽

2020 ◽

Vol 4 (2) ◽

pp. 657

Author(s):

Amalia Tiara Balqish

Keyword(s):

Regression Analysis ◽

Sampling Method ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Retail Trade ◽

Current Ratio ◽

Return On Equity ◽

Average Value ◽

Equity Ratio

Phenomenon in this study lie in the average value of Return on Equity which tends to decline in 2015-2018. While the average value for the Current Ratio and Debt to Equity Ratio has a good value. When the average value of the Current Ratio is good, but the average value of Return On Equity can be said to be bad. This is the purpose of this research, to find out whether there is an effect of Current Ratio and Debt to Equity Ratio on Return On Equity in retail trade subsector companies listed on the Indonesia Stock Exchange period 2015-2018, both partially and simultaneously. This study uses a purposive sampling method in selecting samples from retail trade subsector companies listed on the Indonesia Stock Exchange for the period 2015-2018. This study also uses multiple linear regression analysis methods. The results showed that partially, Current Ratio had no effect on Return On Equity because it had a significance value greater than 0.05, and Debt to Equity Ratio had a significant effect on Return On Equity because it had a significance value of less than 0.05. While simultaneously, Current Ratio and Debt to Equity Ratio significantly influence Return On Equity.

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PENGARUH DIVERSIFIKASI OPERASIONAL DAN PROFITABILITAS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN BUMN SEKTOR PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

INVOICE : JURNAL ILMU AKUNTANSI ◽

10.26618/inv.v2i1.3185 ◽

2020 ◽

Vol 2 (1) ◽

pp. 62-76

Author(s):

Mohamad Ali Wairooy

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Capital Structure ◽

Banking Sector ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Sampling Technique ◽

Multiple Linear Regression Analysis ◽

Exchange Data

This study aims to examine and analyze the effect of operational diversification and profitability on capital structure in state-owned banking companies listed on the Indonesia stock exchange. Data collection uses secondary data by using purposive sampling technique. The population in this study were all state-owned banking sector companies listed on the Indonesia stock exchange during the period 2008-2016 a total of 41 companies, while the sample taken met the criteria of 4 companies the number of observations for 9 years (2008-2016). The data obtained were analyzed using multiple linear regression analysis. The results showed that all hypotheses had a positive and significant effect based on the F test and t test. This means that both simultaneous and partial operational diversification and profitability have a positive and significant effect on the capital structure of state-owned banking companies listed on the Indonesia stock exchange.

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Pengaruh Return On Asset (ROA), Debt To Equity Ratio (DER), Dan Earning Per Share (EPS) Terhadap Harga Saham Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

Tangible Journal ◽

10.47221/tangible.v4i2.74 ◽

2019 ◽

Vol 4 (2) ◽

pp. 214-230

Author(s):

Andi Annisa ◽

Fadliah Nasaruddin ◽

Mursalim .

Keyword(s):

Stock Prices ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Financial Statements ◽

Multiple Linear Regression Analysis ◽

Manufacturing Companies ◽

Return On Assets ◽

Earnings Per Share ◽

Equity Ratio

This study aims to examine the effect of return on assets, debt to equity ratio and earnings per share on stock prices at manufacturing companies listed on the Stock Exchange. Data in this study, obtained from the financial statements of manufacturing companies listed on the Stock Exchange. This study uses secondary data by way of observation by visiting the Capital Market Information Center (PIPM) Data analysis method used is multiple linear regression analysis. The results showed that the partial return on assets and earnings per share have a positive and significant effect on stock prices, while the debt to equity ratio has a negative and significant effect on stock prices

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THE EFFECT OF RETURN ON ASSET, RETURN ON EQUITY, AND EARNING PER SHARE IN THE STOCK PRICES OF TOURISM AND HOSPITALITY COMPANIES LISTED IN THE INDONESIA STOCK EXCHANGE 2013-2017

Journal of World Conference (JWC) ◽

10.29138/prd.v1i2.156 ◽

2019 ◽

Vol 1 (2) ◽

pp. 306-314

Author(s):

Ditarosa Taurista Jatmika ◽

Agus Sukoco ◽

Joko Suyono ◽

Damarsari Ratnasahara Elisabeth

Keyword(s):

Stock Prices ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Return On Assets ◽

Asset Return ◽

Return On Equity ◽

Tourism And Hospitality ◽

Significant Return

This research aims to analyze the effect of Return On Assets, Return On Equity and Earning Per Share on companies stock prices. The research method used is multiple linear regression analysis. This study used secondary data from tourism and hospitality sub-sector companies listed in the Indonesia Stock Exchange. The number of research samples is 13 tourism and hospitality companies that report financial reports regularly and have been audited with the period 2013-2017. The results Return On Asset has a partially effect in stock prices but not significant, Return On Equity has a partially effect in stock prices but not significant, Earnings Per Share has a partially influence in stock prices but significant, Return On Assets, Return On Equity and Earning Per Share has a simultanly influence in the stock prices.

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