FAKTOR-FAKTOR YANG BERKAITAN TERHADAP FINANCIAL PERFORMANCE PADA SEKTOR ANEKA INDUSTRI

Main Article Content

Oktavianus Leonardi
Elizabeth Sugiarto Dermawan

Abstract

The purpose of this research was to find out and find empirical evidence about the relationship of leverage, firm size, and liquidity on financial performance in miscellaneous industrial sectors listed on the Indonesia Stock Exchange in 2019 - 2021. This research uses 25 companies in miscellaneous industrial sectors and the samples were selected through a purposive sampling technique with a non-parametric test. Data processing techniques uses the spearman rank  correlation test which is processed using SPSS version 25 and Microsoft Excel 2016. The results of this research indicate that leverage is negative correlated, significant, and has a sufficient relationship to financial performance, firm size is positive correlated, insignificant, and has a weakly relationship to financial performance, and liquidity is positive correlated, significant, and has a sufficient relationship to financial performance.

Article Details

Section
Articles

References

Abubakar, A. (2020). Financial Leverage and Financial performance of Oil and Gas Companies in Nigeria. Open Journals of Management Science (OJMS), Volume 1; Issue 1, Pages 28-44.

Abubakar, A., Sulaiman, I., & Haruna, U. (2018). Effect of Firms Characteristics on Financial performance of Listed Insurance Companies in Nigeria. African Journal of History and Archaeology, Vol. 3 No. 1.

Aloshaibat, S. D. (2021). Effect of Financial Leverage on the Financial performance of Jordanian Public Shareholding Companies: Applied Study on the Financial Sector of Jordan for the Period of 2015-2019. International Journal of Economics and Financial Issues, 11 (2), 47-51.

Bangun, N., Tjakrawala, F. K., Andani, K. W., & Santioso, L. (2017). The Effect of Financial Leverage, Employee Stock Ownership Program and Firm size on Firm Performance of Companies Listed in Indonesia Stock Exchange. International Business and Accounting Research Journal, Volume 1, Issue 2, 82-98.

Daryatno, A. B. (2022). Faktor-Faktor yang Mempengaruhi Kinerja Keuangan Perusahaan yang Terdaftar di Bursa Efek Indonesia. ULTIMA Accounting, ISSN 2085-4595, 83 Vol. 14, No.1.

Erawati, T., Ayem, S., & Tokan, M. M. (2022). Pengaruh Ukuran Perusahaan, Likuiditas, dan Kebijakan Dividen Terhadap Kinerja Keuangan Perusahaan. Jurnal Ilmiah Akuntansi, Volume 13, No. 1, Hal. 76-88.

Fajaryani, N. S., & Suryani, E. (2018). Struktur Modal, Likuiditas, dan Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan. Jurnal Riset Akuntansi Kontemporer, ISSN 2088-5091, Volume 10, No. 2, Hal. 74-79.

Hossain, M. S., & Saif, A. M. (2019). Impact of Firm size on Financial performance of Banking Companies in Bangladesh. Journal of Banking & Financial Services, Volume 11, Number 2.

Isbanah, Y. (2015). Pengaruh ESOP, leverage, dan ukuran perusahaan terhadap kinerja keuangan perusahan di bursa efek Indonesia. Jurnal Riset Ekonomi dan Manajemen, Volume 15, No. 1, Hal. 28-41.

Javed, Z. H., Rao, H., Akram, B., & Nazir, M. F. (2015). Effect of Financial Leverage on Performance of the Firms: Empirical Evidence from Pakistan. SPOUDAI Journal of Economics and Business, Vol.65, Issue 1-2, pp. 87-95.

Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, Vol. 3, No. 4, pp. 305-360.

Kasmir. (2016). Analisis Laporan Keuangan. Edisi Pertama. Cetakan Kesembilan. Jakarta: PT RajaGrafindo Persada.

Nariman, A. (2022). Implikasi Liquidity, Financial Leverage, dan Kinerja Lingkungan Terhadap Financial performance. Jurnal Akuntansi, Vol. 22, No.1.

Nyabaga, R. M., & Matanda, J. W. (2020). Effect of Firm Characteristics on Financial performance of Listed Commercial Banks in Kenya. International Journal of Economics and Financial Issues, 10(3), 255-262.

Rely, G. (2018). The Effect of Financial Leverage on Financial performance Towards Firms Size. South East Asia Journal of Contemporary Business, Economics and Law, Vol. 17, Issue 5(December).

Shimenga, M. A., & Miroga, J. (2019). Influence of financial leverage and liquidity on financial performance of manufacturing firms listed at the Nairobi Securities Exchange. The Strategic Journal of Business & Change Management, 6 (2), 799 –814.

Ullah, A., Pinglu, C., Ullah, S., Zaman, M., & Hashmi, S. H. (2020). The Nexus Between Capital Structure, Firm-Specific Factors, Macroeconomic Factors and Financial performance in The Textile Sector of Pakistan. Heliyon, 6(8).

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.