PENGARUH LIKUIDITAS DAN UKURAN PERUSAHAAN TERHADAP PROFITABILITAS DENGAN STRUKTUR MODAL SEBAGAI VARIABEL MODERASI
Main Article Content
Abstract
The purpose of this study was to examine the effect of liquidity (CR) and firm size (SIZE) on
profitability with capital structure as a moderating variable. This research was conducted
on manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2019
period. The sample of this study includes 86 companies selected through purposive sampling
technique. The results of the study indicate that liquidity has a negative and significant effect
on profitability and firm size has no effect on profitability, while capital structure is not able
to moderate the effect of liquidity and firm size on profitability.
Article Details
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.
References
Akram. et al. (2021). The Impact of Firm Size on Profitability-A Study on the Top 10 Cement Companies of Pakistan. Jurnal Aplikasi Manajemen, Ekonomi dan Bisnis, 6(1), 14-24.
Bintara, R. (2020). The Effect of Working Capital, Liquidity and Leverage on Profitability. Saudi J Econ Fin, 4(1), 28-35.
Brigham, E. F., & Houston, J. F. (2019). Fundamentals of Financial Management. Boston: Cengage.
Dewi dkk. (2021). Dampak Leverage, Likuiditas, dan Pertumbuhan Penjualan terhadap Profitabilitas. Jurnal Akuntansi, 21(1), 67-80.
Dwiyanthi, N., & Sudiartha, G. M. (2017). Pengaruh Likuiditas dan Perputaran Modal Kerja Terhadap Profitabilitas Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi. E-Jurnal Manajemen Unud, 6(9), 4829-4856.
Hersandy dkk. (2017). The Effect of Company Size, Company Growth, and Liquidity Towards Profitability with Capital Structure as a Moderating Variable (Case Study on The Banking Companies Listed on Indonesia Stock Exchange 2010-2014). PROCURATIO, 5(3), 289-299.
Hossain, T. (2020). Determinants of Profitability: A Study on Manufacturing Companies Listed on The Dhaka Stock Exchange. AESS Publications, 10(12), 1496-1508.
Melani. et al. (2019). The Effect of Capital Adequacy and Liquidity on Profitability in Food and Beverage Sub Sector Manufacturing Companies Listed on the Indonesia Stock Exchange (ISE) Period 2015-2018. Ilomata International Journal of Management, 1(1), 1-7.
Muslih. (2019). Pengaruh Perputaran Kas dan Likuiditas (Current Ratio) Terhadap Profitabilitas (Return on Asset). Jurnal KRISNA: Kumpulan Riset Akuntansi, 11(1), 47-59.
Novyanny, M. C., & Turangan, J. A. (2019). Pengaruh Likuiditas, Ukuran Perusahaan, Umur Perusahaan dan Pertumbuhan Perusahaan Terhadap Profitabilitas Pada Perusahaan Jasa Sektor Perdagangan, Jasa & Investasi yang Terdaftar Pada Bursa Efek Indonesia. Jurnal Manajerial dan Kewirausahaan, 1(1), 1-14.
Permana, E., & Agustina, Y. (2021). Pengaruh Risiko Bisnis dan Ukuran Perusahaan Terhadap Return on Asset dengan Struktur Modal sebagai Variabel Moderasi. Kompartemen: Jurnal Ilmiah Akuntansi, 19(1), 51-69.
Pratiwi, A. E., & Ardini, L. (2019). Pengaruh Perputaran Modal Kerja, Ukuran Perusahaan, Leverage dan Perputaran Piutang Terhadap Profitabilitas. Jurnal Bisnis dan Riset Akuntansi, 8 (3), 1-17.
Ramadhanti. et al. (2021). Inflation, Leverage, and Company Size and Their Effect on Profitability. Journal of Applied Accounting and Taxation, 6(1), 64-70.
Salsabil dkk. (2020). Peran Moderasi Struktur Modal Dalam Menjelaskan Pengaruh Likuiditas Terhadap Profitabilitas Perusahaan Makanan dan Minuman yang Terdaftar Di BEI Periode 2015-2018. Niagawan, 9(1), 36-44.
Umdiana, N., & Claudia, H. (2020). Analisis Struktur Modal Berdasarkan Trade Off Theory. Jurnal Auntansi: Kajian Ilmiah Akuntansi, 7(1), 52-70.
Wikardi, L. D., & Wiyani, N. T. (2017). Pengaruh Debt to Equity Ratio, Firm Size, Inventory Turnover, Assets Turnover dan Pertumbuhan Penjualan Terhadap Profitabilitas. Jurnal Online Insan Akuntan, 2(1), 99-118.
www.idx.co.id
www.invesnesia.com