The Effect of Leverage, Liquidity, and Capital Structure on Financial Performance in Food and Beverage Companies Listed on the Indonesia Stock Exchange for the 2017-2021 Period
),
(1) Universitas Pamulang
Corresponding Author
Abstract
The purpose of this study is to conduct an empirical test regarding leverage, liquidity, and capital structure on financial performance. This research is a quantitative study using secondary data in the form of financial statements of food and beverage sub-sector manufacturing companies of 26 companies listed on the Indonesia Stock Exchange (IDX) for the observation period 2017-2021. The population in the study were all food and beverage sub-sector companies period 2017-2021. The sample selection in this study used a purposive sampling method so that a total of 13 companies were obtained with 65 observational data carried out during 5 observation periods. The data analysis method used is multiple linear regression analysis obtained with the SPSS Version-24 application program. The variables used to measure liquidity are leverage measured by Debt to Equity Ratio(DER), current ratio (CR), and capital structure measured by Debt to Assets Ratio (DAR). Based on the results of the research analysis it can be concluded that liquidity (CR), leverage (DER), and capital structure (DAR) have an effect on financial performance (ROA).
Keywords
References
Arisanti, P. (2020). Pengaruh Struktur Modal, Likuiditas, Dan Ukuran Perusahaan Terhadap Kinerja Keuangan Pada Perusahaan Manufaktur Subsektor Keperluan Rumah Tangga Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2014-2018. Kompetensi, 14(1).
Departemen Komunikasi Bank Indonesia. (2023). Pertumbuhan Ekonomi Indonesia Tetap Kuat. https://www.bi.go.id/id/publikasi/ruang-media/news-release/Pages/sp_2511423.aspx
Fajaryani, N. L. G. S., & Suryani, E. (2018). Struktur Modal , Likuiditas , dan Ukuran Perusahaan. Jurnal Riset Akuntansi Kontemporer, 10(2), 74–79.
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. https://scholar.google.com/
Kasmir. (2018). Analisa laporan Keuangan. Jakarta. Rajawali Pers.
Komara, A., Hartoyo, S., & Andati, T. (2016). Analisis Pengaruh Struktur Modal Terhadap Kinerja Perusahaan Pada Perusahaan Otomotif. Jurnal Keuangan Dan Perbankan, 20(1), 10–21.
Mattiara1, N. S., Saerang, I. S., & Tulung, J. E. (2020). Pengaruh Kepemilikan Institusional, Board Size Dan Leverage Terhadap Kinerja Keuangan Pada Industri Keuangan Non Bank Yang Terdaftar Di Bursa Efek Indonesia Tahun 2014-2018. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 8(3), 306–316. https://doi.org/10.35794/emba.v8i3.30005
Pertiwi dan Masitoh. (2022). Pengaruh Likuiditas, Leverage, dan Struktur Modal Terhadap Kinerja Keuangan. Jurnal Ekonomi, Keuangan dan Manajemen. Vol.18(2), 406-413
Siallagan, H. A., & Ukhriyawati, C. F. (2019). Pengaruh Likuiditas, Solvabilitas, Dan Aktivitas Terhadap Kinerja Keuangan Pada Perusahaan Rokok Yang Terdaftar Di Bursa Efek Indonesia Tahun 2010 - 2014. Journal of Chemical Information and Modeling, 53(9), 1–13.
Sugiyono. (2017). Metode Penelitian Kuantitatif Kualitatif dan R dan D. Alfabeta. Bandung.
Article Metrics
Abstract View
: 202 times
Download : 151 times
DOI: 10.57235/aurelia.v3i1.894
Refbacks
- There are currently no refbacks.
Copyright (c) 2024 Adelia Fahreza
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
