Pengaruh Likuiditas, Solvabilitas, Firm Size, Dan Firm Growth Terhadap Profitabilitas

Abstract

The purpose of this study is to examine the influence of liquidity, solvability, firm size, and firm growth on profitability on manufacturing companies in sector of consumer goods listed in Indonesia Stock Exchange in the period 2015-2019. This study used 42 samples of manufacturing companies in the consumer goods industrial through purposive sampling method. Data were accessed through the firm’s website, www.idx.co.id and www.idnfinancial.com. Data processing using software E-views11. The result of this study shows that Firm Size has a positive significant effect on profitability. Meanwhile, Liquidity, Solvability, and Firm Growth have a negetive no significant effect on profitability. Tujuan penelitian ini adalah untuk mengetahui pengaruh likuiditas, solvabilitas, firm size, dan firm growth terhadap profitabilitas perusahaan manufaktur sektor consumer goods yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2015-2019. Penelitian ini menggunakan 42 sampel perusahaan consumer goods melalui metode pemilihan purposive sampling. Data perusahaan diakses melalui website perusahaan, www.idx.co.id serta www.idnfinancials.com. Pengolahan data mengunakan software Eviews11. Hasil dari penelitian menunjukan bahwa Firm Size berpengaruh positif signifikan terhadap profitabilitas. Sedangkan Likuiditas, Solvabilitas, dan Firm Growth menunjukan pengaruh negatif yang tidak signifikan terhadap profitabilitas.

The Impact of Liquidity, Solvability, Activity, Profitability, Asset Growth, and Sales Growth to Systematic Risk With Firm Size as Moderating Variable on Consumer Non-Cyclicals Company Listed in Indonesia Stock Exchange 2017-2021

“…H9 rejected where firm size cannot adequate the impact of activity ratio on systematic risk. Large companies can expand their market share to increase sales because the company can maximize operational activities with its assets (Julietha & Natsir, 2021) . However, in this research, a large firm size does not reflect a high activity ratio seen from the mean activity ratio of 1,1 smaller than the industry standard ratio in general, meaning that the assets owned are not able to increase sales much.…”

“…H8: Firm size adequates the impact of solvability on systematic risk 9) Firm Size Adequates the Impact of Activity on Systematic Risk Large companies can expand market share to increase sales by maximising operational activities with their assets (Julietha & Natsir, 2021) to decrease systematic risk. Large companies with high asset values indicate that they are currently expanding, but if good sales do not accompany them, they will increase risk because the company's expenses will increase to cover the return on expansion costs (Jazuli & Witiastuti, 2016) , which has an impact on increasing systematic risk.…”

Pengaruh Rasio Keuangan, Likuiditas Dan Firm Size Terhadap Profitabilitas Pada Perusahaan Sektor Konsumen Primer Sub Sektor Sawit (CPO) Yang Terdaftar Di Bursa Efek Indonesia 2017-2021

“…Penelitian terhadap variabel likuiditas yang dilakukan oleh Silvia & Sari (2018), Sari et al (2020), dan Supatmin (2021) menyatakan bahwa variabel likuiditas signifikansinya berdampak positif pada profitabilitas. Sedangkan Puspitasari et al (2019) dan Julietha & Natsir (2021) likuiditas berpengaruh negatif dan tidak berpengaruh signifikan pada Profitabilitas.…”

The Moderator Effect of Cyberloafing on Workload and Employee Performance

“…One type of business engaged in the financial and insurance services sector is a multifinance company [1]. Multifinance companies are an alternative for the community in meeting the community's needs and maintaining the balance of financing receivables so that the financing industry grows healthily and sustainably [2].…”