Pengaruh Leverage, Likuditas, Perputaran Modal Kerja dan Inflasi Terhadap Profitabilitas pada Perusahaan Kelapa Sawit yang Terdaftar di Bursa Efek Indonesia Periode 2015-2018
DOI:
https://doi.org/10.32493/jiaup.v9i1.5087Keywords:
Leverage, likuiditas, perputaran modal kerja, inflasi, profitabilitasAbstract
ABSTRACT
Oil palm companies are one of the sectors that have an impact on the economy. Indonesia has a climate that is very suitable for planting oil palm. The company's goal is to make a profit. Then the company will improve its financial performance in order to achieve its goals. Basically, the goal of the company is to be able to increase the company's profitability. The company's profitability will reflect a company's financial condition, and illustrate the effectiveness and efficiency of the company in managing its operations. The purpose of this study is to determine the significant effect of leverage, liquidity, working capital turnover, and inflation that affect the profitability of oil palm companies listed on the Indonesia Stock Exchange in the 2015-2018 period with a large sample of 11 companies. The results of the study with panel data analysis using the E-views 9 application. The data collection method used a secondary data source in the form of an annual financial report document. Based on the research results, it is found that simultaneously leverage, liquidity, working capital turnover, inflation have an effect on profitability. Partially leverage, liquidity has a positive effect on profitability, and working capital turnover, inflation has no effect on profitability.
References
Amalia, N. H. (2014). Pengaruh Inflasi, BI Rate, Kurs Terhadap Profitabilitas . Jurnal Ekonomi Syariah.
Fahmi, I. (2014). Analisis Kinerja Keuangan. Bandung: Alfabeta.
Farah, M., & Khairunisa. (2016). Pengauruh Struktur Modal dan Likuiditas Terhadap Profitabilitas Pada Usaha Kecil dan Menengah di indonesia. Jurnal Manajemen Bisnis Vol.11 No2.
Fitri, A. Z., & Irni, Y. (2019). Pengaruh Inflasi, Suku Bunga Bank Indonesia, Debt to Equity Ratio, Ukuran Perusahaan, dan Umur Perusahaan Terhadap Profitabilitas Perusahaan Sub Sektor Pertambangan Batu Bara. JIM UPB Vol.1, No. 2.
Investment, I. (t.thn.). Diambil kembali dari www.indonesiainvestment.com
Kasmir. (2010). Analisis Laporan Keuangan. Jakarta: PT. Raja Grafindo Persada .
Kasmir. (2012). Analisis Laporan Keuangan. Jakarta: PT. Raja Grafindo.
Latumaerissa, J. (2014). Manajemen Bank Umum. Jakarta: Mitra Wacana Media.
Marlina, W. S., & W, B. (2014). Pengaruh Working Capital Turnover, Inventory Turnover, dan Current Ratio Terhadap Profitabilitas pada Perusahaan Property dan Real Estate yang Terdaftar di BEI. Jurnal Manajemen&Binsis Universitas Sriwijaya Fakultas Ekonomi dan Bisnis Vol.12, No.2.
Munawir. (2007). Analisis Laporan Keuangan. Yogyakarta: Liberty.
Murni, A. (2013). Ekonomika Makro. Bandung: PT Refika Aditama.
Novi, S. A., Gede, A. Y., & Ni , K. S. (2015). Pengaruh Modal Kerja, Likuiditas, Ukuran Perusahan Terhadap Profitabilitas Pada Perusahaan Manufaktur yang Terdaftar di BEI. Journal Universitas Pendidikan Genesha Program S1 Vol.3 No.1.
Riani, E., Umam, K., Saputra, M. C., Sibarani, R. S., & Prasetya, E. R. (2020). Pengaruh Ukuran Perusahaan, Profitabilitas Dan Auditor Internal Terhadap Audit Delay (Studi Empiris Pada Perusahaan Jasa Sektor Property Dan Real Estate Yang Terdaftar Pada Bursa Efek Indonesia Tahun 2016-2018). Proceedings Universitas Pamulang, 1(1), 63-74.
Riyanto, B. (2013). Dasar-Dasar Pembelanjaan Perusahaan. Yogyakarta: GPFE.
Sartono, A. (2010). Manajemen Keuangan Teori dan Aplikasi (4 ed.). Yogyakarta: BPFE.
Septy, W. S. (2017). Pengaruh Struktur Modal, Likuiditas Terhadap Profitabilitas Pada Perusahaan Makanan dan Minuman di BEI. Jurnal Ilmu dan Riset Manajemen Vol.6, No.6.
Singapurwoko, A. (2011). The Impact of Financial Leverage to Profitability Study of Non-Financial Companies Listed in Indonesia Stock Exchange . european Journal of Economics, Finance, and Administrative Science.
Sukirno, S. (2016). Marko Ekonomi, Teori Pengantar. Jakarta: PT. Raja Grafindo.
Supriyadi, & Fazriani. (2011). Pengaruh modal kerja terhadap tingkat likuiditas dan profitabilitas.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
JIAUP: Jurnal Ilmiah Akuntansi Universitas Pamulang have CC-BY-SA or an equivalent license as the optimal license for the publication, distribution, use, and reuse of scholarly work.
In developing strategy and setting priorities, JIAUP: Jurnal Ilmiah Akuntansi Universitas Pamulang recognize that free access is better than priced access, libre access is better than free access, and libre under CC-BY-SA or the equivalent is better than libre under more restrictive open licenses. We should achieve what we can when we can. We should not delay achieving free in order to achieve libre, and we should not stop with free when we can achieve libre.
