Research Article
The Influence of Insurance Financial Health Level, Capital Structure, Asset Growth, On Company Net Profit Growth
@INPROCEEDINGS{10.4108/eai.16-4-2022.2319783, author={Desmon Desmon and Andi Surya and Heru Subiyantoro and Maria Septijantini Alie}, title={The Influence of Insurance Financial Health Level, Capital Structure, Asset Growth, On Company Net Profit Growth}, proceedings={Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2022}, month={8}, keywords={the level of health insurance finance; capital structure; growth of assets; profit growth}, doi={10.4108/eai.16-4-2022.2319783} }- Desmon Desmon
Andi Surya
Heru Subiyantoro
Maria Septijantini Alie
Year: 2022
The Influence of Insurance Financial Health Level, Capital Structure, Asset Growth, On Company Net Profit Growth
ICLSSEE
EAI
DOI: 10.4108/eai.16-4-2022.2319783
Abstract
The study aims to decide whether the level of insurance financial health, capital structure, asset growth both jointly (simultaneously) and individually (partial) had an effect on the growth of PT. Asuransi Jiwaseraya (Persero) Bandar Lampung Branch. A survey method is used with a quantitative approach. The number of samples taken as many as 84 samples. Multiple Regression Analysis Model was used to examine the measurement results. Multiple Regression Analysis Model was used to examine the measurement results. The model analysis results obtained are Y = 20,102+0,601X1+1,075X2–0,071X3+e. The coefficient of determination = 0.726, meaning that 72.60% Net Profit Growth can be explained by the level of insurance financial health, capital structure, and asset growth, the remaining 17.40% is caused by external factors. U-Fcount (26,456) > Ftable (2,92), meaning that the level of insurance financial health, capital structure, and simultaneously, asset growth has a impact on net profit growth significantly. The t-test results of the level of financial health insurance obtained t-count (4,543) > t-table (2,039) showed significantly an effect on the growth of net income. The t-test of capital structure obtained t-count (6.292) > t-table (2.039) which shows significantly an impact on increase in net profit. The t-test of return on assets is calculated by multiplying the t-count (0.554) by the t-table (2.039), which indicates that increase in net profit has no significant influence.
