Text
Pengaruh struktur modal terhadap profitabilitas pada perusahaan-perusahaan terpilih dalam indeks LQ45 periode 2004 - 2007
This study aims to analyze the effect of capital structure on profitability to companies in Indeks LQ45 periods 2004-2007. Variables used for the analysis include profitability and leverage ratios. Profitability is operationalized using Return on Equity (ROE) measured by the ratio of earning before interest and taxes (EBIT) to total shareholders equity and net income to total shareholders equity. The leverage ratios used include short term debt to total asset (SDA), long term debt to total asset (LDA), and total debt to total asset (DA). Using panel data the result of empirical test on this research shows that independent variable SDA have a significantly negative effect on ROE using net income. However, independent variables LDA and DA reveal a significantly positive effect with ROE using net income. Meanwhile, variables SDA, LDA and DA not show a significant statistically on ROE using EBIT. In addition, this research also examined ROE using DuPont analysis that breaks ROE down into three parts: profit margin, total asset turnover and financial leverage.Ada tabel
Call Number | Location | Available |
---|---|---|
6608 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok Departemen Manajemen, Fakultas Ekonomi Universitas Indonesia., 2009 |
---|---|
Edisi | - |
Subjek | Capital structure of companies Profitability Return on equity Loverage |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xv, 91 p. ; 30 cm |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |