Dampak penggunaan utang terhadap profitabilitas pada perusahaan manufaktur di Indonesia periode 2005 - 2008

Deskripsi

The purpose of this study is to examine the effect of using debt on firm?s profitability measured by return on asset (ROA) and return on equity (ROE). Short-term debt ratio (SDR), long-term debt ratio (LDR), and total debt ratio (TDR) is the proxy used to know debt proportion on capital structure of the firm. The results of this research indicates either short-term debt ratio, long-term debt ratio, or total debt ratio have a significantly negative effect on return on asset. The findings also shows that shortterm debt ratio negatively affects return on equity. Meanwhile, long-term debt ratio and total debt ratio have a significantly positive effect on return on equity.Ada tabel