scholarly journals The Effect of Solvency, Profitability, and Working Capital on Firm Value: Case Studies on Industrial Companies in IDX 2015-2019

2020 ◽  
Vol 2 (3) ◽  
pp. 356-363
Author(s):  
Andini Nurwulandari
Keyword(s):  
Capital Structure ◽  
Financial Reporting ◽  
Capital Market ◽  
Firm Value ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Financial Statements ◽  
Working Capital ◽  
Industrial Companies ◽  
Sampling Process

The publication of the financial statements (issuers) of the company is a time waiting for investors in the capital market, as investors will find out the progress of issuance, as a consideration for purchasing or selling their own shares, when publishing these financial reporting statements. This research uses quantitative techniques with descriptive interpretation. Data sources include company-owned financial data reports collected from the IDX and published online, as well as conducting library analysis by collecting data from the writing of related books and journals. The type of data used in the study is secondary data from 2015-2019 which was collected through a purposive sampling process. Statistical Descriptive Analysis and Mulicollinearity Test. From this research, it can be seen that the rate of working capital turnover, solvency and capital structure affect firm value, while profitability does not affect firm value.

scholarly journals Pengaruh Profitability, Growth Opportunities Dan Leverage Terhadap Nilai Perusahaan Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

2020 ◽  
Vol 1 (1) ◽  
pp. 14-35
Author(s):  
Nurwahyuni ◽  
Masdar Mas'ud ◽  
Syamsu Alam ◽  
Asdar Djamareng
Keyword(s):  
Capital Market ◽  
Firm Value ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Partial Least Square ◽  
Least Square ◽  
Manufacturing Companies ◽  
Analysis Method ◽  
Growth Opportunities

Penelitian ini bertujuan untuk menguji pengaruh profitabilitas, peluang pertumbuhan dan leverage terhadap nilai perusahaan pada perusahaan manufaktur yang terdaftar di bursa efek Indonesia. Data dalam penelitian ini diperoleh dari laporan keuangan perusahaan manufaktur yang terdaftar di BEI. Penelitian ini menggunakan data sekunder dengan mengamati dengan mengunjungi metode analisis data Pusat Informasi Pasar Modal (PIPM) menggunakan pendekatan Partial Least Square (PLS). Hasil penelitian menunjukkan bahwa: secara parsial, variabel profitabilitas dan peluang pertumbuhan memiliki pengaruh positif dan signifikan terhadap nilai perusahaan, sedangkan leverage berpengaruh negatif dan signifikan terhadap nilai perusahaan. This study aims to examine the effect of profitability, growth opportunities and leverage on firm value in manufacturing companies listed on the Indonesian stock exchange. The data in this study were obtained from the financial statements of manufacturing companies listed on the IDX. This study uses secondary data by observing by visiting the Capital Market Information Center (PIPM) data analysis method using the Partial Least Square (PLS) approach. The results showed that: partially, profitability and growth opportunities variables had a positive and significant effect on firm value, while leverage had a negative and significant effect on firm value.

FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA TAHUN 2008-2010

2014 ◽  
Vol 3 (2) ◽  
Author(s):  
Ruflah M Daud
Keyword(s):  
Capital Structure ◽  
Ownership Structure ◽  
Capital Market ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Fiscal Year ◽  
Company Size ◽  
Sampled Data ◽  
Manufacturing Companies

This study aimed to examine and analyze the effect of liquidity, profitability, company size and ownership structure on capital structure in companies listed in Indonesia Stock Exchange from 2008-2010. The population of this research is all manufacturing companies listed in Indonesia Stock Exchange for the period 2008-2010 and published financial statements on December 31 for the fiscal year 2008-2010. This was a censuses research since all population sampled. Data used in this research is secondary data in the form of financial statements in the Indonesia Stock Exchange (IDX) 2008-2010. Data collection was done by the documentation and classifies data based on the financial statements of the criteria determined. Data  required in this research obtained from the Indonesian Capital Market Directory (ICMD) and the Capital Market Reference Center (PRPM) to address the Indonesia Stock Exchange Building Tower 2 1st Floor, Sudirman street Lot 52-53 Jakarta 12190. Based on these criteria, 114 companies obtained to be the target of Population.The results of this study indicate that both simultaneously, liquidity, profitability, company size, and ownership structure affect firm capital structure. Partially, variable profitability and ownership structure has a positive effect, while the variable size of the companiy’s and liquidity negative affect the capital structure of the manufacturing companies listed in Indonesia Stock Exchange from 2008-2010.  Keywords: Liquidity, Profitability, Company Size and Ownership Structure, Capital Structure

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

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

scholarly journals THE ROLE OF INVESTMENT OPPORTUNITIES, MANAGERIAL OWNERSHIP, CAPITAL STRUCTURE ON CORPORATE VALUE

2020 ◽  
Vol 3 (2) ◽  
pp. 138
Author(s):  
Darlene Dacia Septiana ◽  
Ernie Riswandari
Keyword(s):  
Capital Structure ◽  
Consumer Goods ◽  
Firm Value ◽  
Secondary Data ◽  
Financial Statements ◽  
Managerial Ownership ◽  
Corporate Value ◽  
Investment Opportunities ◽  
Regression Tests

There are still companies that pay less attention and maintain value of ownership even though this is a concern in making investment decisions. In this study will examine investment opportunities, capital structure, and managerial ownership of firm value. The sample used is the financial statements of 27 companies manufacturing consumer goods sub sector in 2015-2017. This research is an associative research using secondary data which is quantitative data. Data is processed using Stata 12 by using multiple linear regression tests. The results showed that investment opportunities, capital structure, and managerial ownership had a significant effect on the firm's value partially on companies manufacturing the consumer goods sub sector.

scholarly journals Dampak Struktur Modal dan Profitabilitas terhadap Nilai Perusahaan pada Sub Sektor Perkebunan yang Go Publik di Bursa Efek Indonesia

2021 ◽  
Vol 2 (2) ◽  
pp. 101-113
Author(s):  
Gaffar Gaffar ◽  
Ariawan Ariawan
Keyword(s):  
Capital Structure ◽  
Capital Market ◽  
Firm Value ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statements ◽  
Total Sample ◽  
Quantitative Approach ◽  
Annual Reports ◽  
Purposive Sampling

This study aims to determine the effect of capital structure (X1), profitability (X2) simultaneously and partially on firm value in plantation sub-sector companies that go public on the Indonesia Stock Exchange. This study uses a quantitative approach. Determining the sample of companies using purposive sampling technique by considering companies that are listed and no listed on the Indonesia Stock Exchange and have financial statements from 2015-2019, so the total sample is 7 companies in the plantation sub-sector. Sources data of research are from audited company annual reports and from the Indonesia Stock Exchange (www.idx.co.id) and ICMD (Indonesia Capital Market Directory). The result of the study shows that the capital structure and profitability simultaneously have a significant effect on firm value. Capital structure partially has no significant effect on firm value in plantation sub-sector companies listed on the Indonesia Stock Exchange.  

scholarly journals ANALISIS PELAPORAN KEUANGAN DI YAYASAN AS-SALAM MANADO (BERDASARKAN PSAK 45 DAN PSAK 101)

2018 ◽  
Vol 13 (02) ◽  
Author(s):  
Wahyuningsih . ◽  
Herman Karamoy ◽  
Dhullo Afandy
Keyword(s):  
Financial Reporting ◽  
Analytical Method ◽  
Qualitative Data ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Financial Statements ◽  
Data Sources ◽  
Primary Data ◽  
Non Profit ◽  
Economic Decisions

The financial statements are important media in the process of making economic decisions. There are several rules on the preparation of financial statements, one of which is the financial statements for non-profit entities and sharia entities. The purpose of this study is to analyze Financial Reporting As-Salam Manado Foundation in accordance with the concept of financial statements based on PSAK 45 and PSAK 101. In this study the type of data used is qualitative data, while for data sources using primary data and secondary data, the analytical method used is descriptive analysis. Based on the result of the research, it is concluded that the recording and presentation of the foundation's financial statements are still not in accordance with the applicable regulations, which are PSAK 45 and PSAK 101.Keywords: Non-profit Financial Statements

scholarly journals DETERMINASI PERPUTARAN MODAL KERJA TERHADAP PROFITABILITAS

Responsive ◽  
2020 ◽  
Vol 3 (1) ◽  
pp. 19
Author(s):  
Sri Dewi Anggadini ◽  
Rini Herdiani
Keyword(s):  
Stock Exchange ◽  
Descriptive Analysis ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Working Capital ◽  
Assistance Program ◽  
Verification Method ◽  
Industrial Companies

This research was conducted at various industry companies listed on the Indonesia Stock Exchange 2014-2018. The phenomenon that occurs is an increase in company working capital turnover, but the company's profitability decreases. The purpose of this study is to learn more about working capital turnover towards profitability in various industry companies listed on the Indonesia Stock Exchange 2014-2018. This research uses descriptive analysis method and verification method using quantitative analysis. The population used in this study is the financial position financial statements and earnings reports of various industrial companies listed on the Indonesia Stock Exchange 2014-2018. Sampling with purposive sampling technique with data of 5 years. The statistical method used is multiple linear regression analysis using the SPSS 21.0 application assistance program. The results of the study showed that the working capital turnover had a significant effect on profitability in various industry companies listed on the Indonesia Stock Exchange 2014-2018.

scholarly journals The Effect of Profitability, Liquidity, and Asset Structure on Capital Structure with Firm Size as Moderating Variable

2021 ◽  
Vol 10 (1) ◽  
pp. 32-38
Author(s):  
Cicilia Ratna Dewi ◽  
Fachrurrozie Fachrurrozie
Keyword(s):  
Regression Analysis ◽  
Data Analysis ◽  
Real Estate ◽  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Financial Statements ◽  
Absolute Value

The purpose of this research is to analyze the effect of profitability, liquidity, and asset structure on capital structure with firm size as a moderating variable. The population of this study was all property and real estate companies listed on the Indonesian Stock Exchange (IDX) from 2014-2016. The number of samples used was 39 companies with the audit of analysis of 117. This study used secondary data taken from the annual financial statements. The method of data analysis was descriptive analysis and Moderated regression analysis by difference absolute value test. The data analysis used was IBM SPSS Statistics 21. The result of the study showed that profitability, liquidity, and asset structure had negative and significant effects on capital structure. Firm size was able to moderates significantly the effect of liquidity on capital structure, but it is not able to moderate the effect of profitability and asset structure on the capital structure. The study concludes that capital structure is influenced by profitability, liquidity, and liquidity that moderated by firm size. Keywords: Profitability; Liquidity; Asset Structure; Capital Structure; Firm Size

scholarly journals Pengaruh Modal Kerja, Likuiditas, Struktur Modal Terhadap Profitabilitas Perusahaan Manufaktur 2012 – 2014

2019 ◽  
Vol 24 (1) ◽  
pp. 80
Author(s):  
Emillia Sastra
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Secondary Data ◽  
Strong Relationship ◽  
Financial Statements ◽  
Coefficient Of Determination ◽  
Manufacturing Companies ◽  
Working Capital ◽  
Independent Variable

The purpose of this empirical research is to obtain empirical evidence about the influence of working capital, liquidity and capital structure on the profitability on manufacturing companies listed on the stock exchange from 2012-2014. This research used manufacturing companies for total of 198 data in three years and that were selected using purposive sampling method. The data used in this research are secondary data in the form of financial statements. The results showed that the working capital and liquidity has a positive significant effect on profitability, capital structure does not have a significant effect on profitability. The testing showed independent variable have a significant impact on the profitability and show that the correlation of the independent variables have strong relationship to the dependent variable. Testing results show that the coefficient of determination of 55.1%, dependent variable is affected by the independent variable, while the remaining 44,9 % is explained by other variables.

scholarly journals ANALISIS LEVERAGE DAN AKTIVITAS DALAM MENGENDALIKAN PROFITABILITAS PADA PT ASTRA OTOPARTS, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 5 (1) ◽  
pp. 20-25
Author(s):  
Deby Rizki Amanda Lubis ◽  
Jubi Jubi ◽  
Ady Inrawan ◽  
Ernest Grace
Keyword(s):  
Inventory Management ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Financial Statements ◽  
The Other ◽  
Working Capital ◽  
Return On Assets ◽  
Accounts Receivable ◽  
Qualitative Descriptive

The purpose of this research to know: 1.  The description of leverage, activity and profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange. 2. What factors are cause profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange tend to decline.   This research was conducted using Qualitative Descriptive Analysis and Inductive Analysis. This research was conducted based on secondary data from company financial statements obtained from the Indonesia Stock Exchange.        The results of the study can be concluded that: 1. Leverage as measured by Debt to Assets Ratio (DAR) fluctuates and tends to increase. 2. Activities measured by Working Capital Turnover (WCT) fluctuate and tend to increase. 3. Profitability as measured by fluctuating Return On Assets (ROA) tends to decrease. 4. Factors that cause decreased profitability are increased business debt, increased inventory and increased cost of goods sold so that the resulting profit decreases.            The results of the study suggest: 1. It is best if the company needs to review the use of corporate debt in financing its activities by carrying out control of accounts receivable and strict supervision and evaluation periodically, so that the risk of such debts can be minimized. 2. It is better for the company to pay more attention to the management of supplies effectively and efficiently so as to produce increased sales. Effective inventory management also needs to pay attention to inventory storage so as not to overload, both obsolete inventory and unsold inventory. 3. It is better for the company to pay more attention to using its assets to generate high sales accompanied by an increase in profit after tax owned by the company to produce good profits. On the other hand the company must also consider the level of operating expenses so as not to over-pressure profits. Keywords: Leverage, Activity, and Profitability

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