Faktor-Faktor Yang Memengaruhi Financial Performance Pada Perusahaan Manufaktur

Article Sidebar

PDF
Published: Apr 30, 2022
DOI: https://doi.org/10.24912/jpa.v4i2.19702
Keywords:
liquidity, leverage, firm size, audit committee size, board of commissioners size

Main Article Content

Indri Christina Ananda S
Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta
Viriany
Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta

Abstract

The purpose of this research is to determine the effect of liquidity, leverage, firm size, audit committee size, and board of commissioners size on financial performance of manufacturing companies listed on Indonesia Stock Exchange in 2017-2019. The samples used in this research are 56 manufacturing companies with a total of 168 data selected using purposive sampling technique. The data in this research are tested using Eviews version 11. The results show that firm size has a negative and significant effect on financial performance, liquidity and leverage have a positive and insignificant effect on financial performance, and audit committee size and board of commissioners size have a negative and insignificant effect on financial performance.

Article Details

Issue
Vol. 4 No. 2 (2022): April 2022
Section
Articles
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.

Author Biographies

Indri Christina Ananda S, Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta

indricasucipto@gmail.com

Viriany, Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta

Viriany@gmail.com

References

Ajija, S. R., Sari, D. W., Setianto, R. H., & Primanti, M. R. (2011). Cara Cerdas Menguasai Eviews. Jakarta: Salemba Empat.

Aprianingsih, A., & Yushita, A. N. (2016). Pengaruh Penerapan Good Corporate Governance, Struktur Kepemilikan, dan Ukuran Perusahaan terhadap Kinerja Keuangan Perbankan. Jurnal Profita, 4(5), 1–16.

Astutik, E. P., Retnosari, Nilasari, A. P., & Hutajulu, D. M. (2019). Analisis Pengaruh Rasio Likuiditas, Solvabilitas, dan Profitabilitas terhadap Kinerja Keuangan Perusahaan Manufaktur. Prosiding Seminar Nasional Fakultas Ekonomi Universitas Tidar, 103–118.

Azis, A., & Hartono, U. (2017). Pengaruh Good Corporate Governance, Struktur Modal, dan Leverage terhadap Kinerja Keuangan Perusahaan pada Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2015. Jurnal Ilmu Manajemen, 5(3), 1–13.

Azmy, A., Anggreini, D. R., & Hamim, M. (2019). Effect of Good Corporate Governance on Company Profitability RE & Property Sector in Indonesia. Jurnal Akuntansi, 23(1), 17–32.

Brahmana, L., Siregar, L., Jubi, & Grace, E. (2018). Pengaruh Leverage dan Aktivitas terhadap Profitabilitas Perusahaan Sub Sektor Tekstil dan Garmen yang Terdaftar di Bursa Efek Indonesia. Jurnal Financial, 4(1).

Cristy, M., & Dewi, S. P. (2019). Faktor-Faktor yang Mempengaruhi Kinerja Keuangan pada Perusahaan Manufaktur Periode 2015-2017. Jurnal Multiparadigma Akuntansi, I(3), 808–816.

Daryanto, W. M., Samidi, S., & Siregar, D. J. (2018). The Impact of Financial Liquidity and Leverage on Financial Performance: Evidence from Property and Real Estate Enterprises in Indonesia. Management Science Letters, 8(12), 1345–1352.

Dewi, A. S., Sari, D., & Abaharis, H. (2018). Pengaruh Karakteristik Dewan Komisaris terhadap Kinerja Perusahaan Manufaktur Di Bursa Efek Indonesia. Jurnal Benefita, 3(3), 445–454.

Durrah, O., Rahman, A. A. A., Jamil, S. A., & Ghafeer, N. A. (2016). Exploring the Relationship between Liquidity Ratios and Indicators of Financial Performance: An Analytical Study on Food Industrial Companies Listed in Amman Bursa. International Journal of Economics and Financial Issues, 6(2), 435–441.

Honi, H. Y., Saerang, I. S., & Tulung, J. E. (2020). Pengaruh Good Corporate Governance terhadap Kinerja Keuangan Bank Umum Konvensional Tahun 2014-2018. Jurnal EMBA, 8(3), 296–305

Irma, A. D. A. (2019). Pengaruh Komisaris, Komite Audit, Struktur Kepemilikan, Size, dan Leverage terhadap Kinerja Keuangan Perusahaan Properti, Perumahan dan Konstruksi 2013-2017. Jurnal Ilmu Manajemen, 7(3), 697–712.

Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 305–360.

Kartikasari, D., & Merianti, M. (2016). The Effect of Leverage and Firm Size to Profitability of Public Manufacturing Companies in Indonesia. International Journal of Economics and Financial Issues, 6(2), 409–413.

Kartikasari, Y. D. (2017). Pengaruh Good Corporate Governance dan Modal Intelektual terhadap Kinerja Keuangan Perusahaan Sektor Keuangan. Jurnal Profita, 5(8), 1–20.

Magdalena, S., Yuningsih, I., & Lahaya, I. A. (2018). Pengaruh Firm Size dan Good Corporate Governance serta Corporate Social Responsibility terhadap Kinerja Keuangan pada Bank Umum Syariah di Indonesia. Equilibrium: Jurnal Ekonomi Syariah, 5(2), 221–238.

Mailinda, R., Azharsyah, & Zainul, Z. R. (2018). Pengaruh Leverage, Likuiditas, dan Ukuran Perusahaan terhadap Profitabilitas pada BNI Syariah di Indonesia Periode 2015-2017. Jurnal Ilmiah Mahasiswa Ekonomi Manajemen, 3(4), 147–160.

Mensah, B. K. A. (2018). Impact of Corporate Governance Attributes and Financial Reporting Lag on Corporate Financial Performance. African Journal of Economic and Management Studies, 9(3), 349–366.

Myers, S. C. (2001). Capital Structure. Journal of Economic Perspectives, 15(2), 81–102.

Nopiani, K. D., Sulindawati, L. G. E., & Sujana, E. (2015). Pengaruh Mekanisme Corporate Governance terhadap Kinerja Keuangan Bank Perkreditan Rakyat di Bali. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha, 3(1).

Nurlaela, S., Mursito, B., Kustiyah, E., Istiqomah, I., & Hartono, S. (2019). Asset Turnover, Capital Structure and Financial Performance Consumption Industry Company in Indonesia Stock Exchange. International Journal of Economics and Financial Issues, 9(3), 297–301.

Pratiwi, A. D., & Khuzaini. (2018). Pengaruh Good Corporate Governance dan Kepemilikan Manajerial terhadap Kinerja Keuangan Perusahaan Perbankan di BEI. Jurnal Ilmu Dan Riset Manajemen, 7(3), 1–18.

Rahmawati, S., Salim, M. A., & ABS, M. K. (2018). Pengaruh Likuiditas, Pertumbuhan Penjualan, Perputaran Modal Kerja, Ukuran Perusahaan Dan Leverage Terhadap Profitabilitas Perusahaan (Studi pada Perusahaan Manufaktur yang Terdaftar pada BEI pada Tahun 2014-2016). Jurnal Ilmiah Riset Manajemen, 7(10), 82–94.

Ross, S. A. (1977). Determination of Financial Structure: The Incentive-Signalling Approach. The Bell Journal of Economics, 8(1), 23–40.

Sari, M. (2017). Analisis Pengaruh Likuiditas dan Leverage terhadap Profitabilitas pada PT Mustika Ratu, Tbk yang Terdaftar di Bursa Efek Indonesia. Jurnal Financial, 3(1), 68–73.

Sari, P. M. Y. I., Riasning, N. P., & Rini, G. A. I. S. (2019). Pengaruh Good Corporate Governance terhadap Kinerja Keuangan Perusahaan pada Perusahaan Manufaktur yang Terdaftar Di BEI Tahun 2015-2017. Jurnal Riset Akuntansi, 9(2), 48–55.

Shibutse, R. L., Kalunda, E., & Achoki, G. (2019). Effect of Leverage and Firm Size on Financial Performance of Deposit Taking Savings and Credit Cooperatives in Kenya. International Journal of Research in Business and Social Science, 8(5), 182–193.

Suganthi, P., & Rajaram, S. (2016). Determinants of Financial Performance of Indian Life Insurance Sector: Panel Evidence. The IUP Journal of Applied Finance, 22(4), 76–90.