Research Article
Factors Affecting Profitability in Manufacturing Sector Companies Listed on BEI
@INPROCEEDINGS{10.4108/eai.5-10-2022.2325855, author={Novia Vetty Syahbandar and Nanik Lestari}, title={Factors Affecting Profitability in Manufacturing Sector Companies Listed on BEI }, proceedings={Proceedings of the 4th International Conference on Applied Economics and Social Science, ICAESS 2022, 5 October 2022, Batam, Riau Islands, Indonesia}, publisher={EAI}, proceedings_a={ICAESS}, year={2023}, month={1}, keywords={profitability firm size leverage liquidity sales growth working capital company efficiency}, doi={10.4108/eai.5-10-2022.2325855} }
- Novia Vetty Syahbandar
Nanik Lestari
Year: 2023
Factors Affecting Profitability in Manufacturing Sector Companies Listed on BEI
ICAESS
EAI
DOI: 10.4108/eai.5-10-2022.2325855
Abstract
This study aims to determine the factors that affect the company's profitability. This study uses quantitative methods, the population used is the financial statements of manufacturing companies listed on the Indonesia Stock Exchange for the 2015-2019 period. The sampling technique in this study is a non-probability sampling technique by using purposive sampling. Data collection is done by data collection techniques archive in the database to obtain secondary data in the form of financial statements taken from the company's financial statements. The data analysis used is Descriptive Statistical Analysis, Determination of Capital Estimates (Chow Test and Hausman Test), Classical Assumption Test (Multicollinearity, Heteroscedasticity, and Panel Data Regression), Hypothetical Testing (Coefficient of Determination Test and Partial Test). The results of this study indicate that Firm size (FS), Leverage (DER), Liquidity (CR) and Sales Growth (SG) have no effect on profitability while Working capital and company efficiency affect profitability.