SKRIPSI AKS
DETERMINAN KINERJA KEUANGAN PADA PERUSAHAAN MANUFAKTUR KAPITALISASI PASAR BESAR DAN KECIL YANG TERDAFTAR DI BEI TAHUN 2019-2021
ABSTRACT This study aims to examine the influence of financial ratios, firm size, sales growth, and inflation on financial performance, measured by the proxies of ROE and ROA. The study also conducts a difference test to determine whether there are differences in financial performance (ROE & ROA) between companies with large and small market capitalization. This research is a quantitative study that utilizes secondary data obtained from company financial reports. The population of this study comprises manufacturing companies listed on the Indonesia Stock Exchange during the years 2019-2021. The sampling technique used in this study is purposive sampling, resulting in a sample of 19 companies with both large and small market capitalization, totaling 57 observations. The data analysis employed in this study includes panel data regression analysis and independent sample t-test, using Eviews 10 software. The results showed that the liquidity ratio, sales growth, and inflation variables did not affect financial performance (ROE & ROA). The activity ratio and firm size have a positive effect on financial performance (ROE & ROA). The solvency ratio has no effect on financial performance (ROE), but it has a negative effect on financial performance (ROA). The test results show that there are differences in financial performance (ROE & ROA) between companies with a large market capitalization and those with a small market capitalization. Keywords: Financial Performance, Liquidity Ratio, Activity Ratio, Solvency Ratio, Firm Size, Sales Growth, Inflation, Market Capitalization.
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