Pengaruh DAR, Ukuran Perusahaan, Risiko, Pajak, dan Likuiditas terhadap Profitabilitas Perusahaan Sektor Pertambangan di Indonesia
DOI:
https://doi.org/10.26740/bisma.v8n2.p191-203Keywords:
profitability, ROA, minningAbstract
The purpose of this research was to understand the influence of DAR (Debt to Asset Ratio) , size, risk, tax, and liquidity on profitability (Return On Asset Ratio). This research is classified under a casual research and using purposive sampling method, thus 27 companies have been acquired that meet the criteria. A data analysis technique was used multiple linier regression analysis. The object of this study were listed mining sector company of Indonesia Stock Exchange period 2011 2015. The data is documented from company financial and annual report. The methods of data analysis were multiple regression model. The result of this study indicates that DAR, risk, tax, and liquidity has no influence on companys profitability. Meanwhile, size of the company has a positive influence on companys profitability that represented by return on asset ratio.
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Ayako, Aloys, Georger Kungu, and Thomas Githui. 2015. Determinants of the Performance of Firms Listed At the Nairobi Securities Exchange. Research Journalof Finance and Accounting. Vol.6, No.12.
Azeez, A. 2015. Corporate Governance and Firm Performance: Evidence from Sri Lanka. Journal ofFinance and Bank Management.Vol. 3 (1), pp 180-189.
Beigi, M. Rajab, B. Rafat dan H.Mozafari. 2013. The analysis of the effect of tax on profitability indices in listed companies of Tehran Stock Exchange. European Online Journal of Natural and Social Sciences.Vol.2 (3),pp 86-98.
Brigham, E.F., & Houston J.F. 2006. Dasar-DasarManajemen KeuanganEdisi Kesepuluh. Jakarta:Salemba Empat.
Eugene, BrighamF.& Weston JF.2001.Dasar-dasarManajemen Keuangan. Jilid kesatu Edisi kesembilan. Jakarta: Erlangga.
Enekwe, Chinedu Innocent, Charles Ikechukwu and Eziedo Kenneth. 2014. The Effect of Financial Leverage on Financial Performance: Evidence of Quoted Pharmaceutical Companies in Nigeria.IOSR Journalof Economics and Finance (IOSR-JEF). Vol. 5(3),pp 17-25.
Ghozali, Imam. 2012. Aplikasi Analisis Multivariate DenganProgram SPSS.Semarang: Badan PenerbitUniversitas Diponegoro.
Ghozali, Imam. 2013. Aplikasi analisis multivariate denganprogram SPSS IBM 21 Update PLS Regresi.Semarang: Badan Penerbit Universitas Diponegoro.
Harahap, S.S. 2004. Analisis Krisis atas Laporan Keuangan.73Jakarta: PT. Raja Grafindo Persada.
Hermuningsih, Sri. 2013. œPengaruh Profitabilitas, Growth Opportunity, Struktur Modal terhadap Nilai Perusahaan pada Perusahaan Publik di Indonesia.Buletin EkonomiMoneterdanPerbankan.hal.128.
http://finance.detik.com/read/2015/09/07/120646/3011884/1034/berakhirnya-era-kejayaan-tambang-di-indonesia,Diakses 26 Desember 2015, pukul 18.45 WIB.
http://www.kajianpustaka.com/2012/12/rasio-solvabilitas.html Diakses pada 10 Januari 2016, pukul 15.10 WIB.
http://www.idx.co.id/id/beranda/perusahaantercatat/laporankeuangandantahunan.aspx. Diakses 21 Maret 2016, pukul 09.40 WIB.
Horne, James C Van & John M. Wachowicz, JR. 2009. Prinsip-prinsip Manajemen Keuangan. Jakarta:Salemba Empat.
Izati , Chaerunisa. Margaretha, Farah. 2014. Faktor-Faktor Yang Mempengaruhi Kinerja Keuangan Pada Perusahaan Basic Industry And Chemicals Di Indonesia. e -Journal Manajemen Fakultas Ekonomi. Vol.1 (2), hal. 21-43.
Kasmir. 2010. Pengantar Manajemen Keuangan. Jakarta:Kencana Prenada Media Group.
Khanam, Farida, N. Shagufta and S. Shahzaib.2014. Impact of Capital Structure on Firms Financial Performance: Evidence from Food Sector of Pakistan. Research Journal of Finance andAccounting. Vol.5 (11),pp 93-105.
Moniaga, Fernandes. 2013. Struktur Modal, Profitabilitas, dan Struktur Biaya terhadap Nilai Perusahaan Industri Keramik, Porcelen, dan Kaca Periode 2007-2011. Jurnal EMBA. Vol.1 (4), 433-442.
Mutamimah.2003. Analisis Struktur Modal Pada Perusahaan-Perusahaan Non Finansial Yang Go Public di Pasar Modal Indonesia. Jurnal BisnisStrategi. Vol.11, hal. 71-60.
Noviawan, Ridho Alief dan Aditya Septiani. 2013. Pengaruh Mekanisme Corporate Governance dan Struktur
Kepemilikan Terhadap Kinerja Keuangan. Diponegoro Journal of Accounting 1. Vol.2 (3),hal.1-10.
Nuringsih, Kartika. 2005. Analisis Pengaruh Kepemilikan Manajerial, Kebijakan Hutang, ROA dan Ukuran Perusahaan terhadap Kebijakan Deviden Studi 1995-1996. Jurnal Akutansi dan Keuangan Indonesia, Juli-Desember, Vol.2 (2), hal. 103-123.
Raza, Muhammad Wajid. 2013. Aff ect of financial leverage on firm performance. Empirical evidence from Karachi Stock Exchange. Shaheed Benazir Bhutto University Sheringal.
Riaz, Saad. 2015. Impact of Capital Structure on Firms Financial Performance: An Analysis of Chemical Sector of Pakistan.Journal of Poverty, Investmentand Development An International Peer-reviewed Journal. Vol.12, 85-93.
Riyanto, B. 2001. Dasardasar Pembelanjaan Perusahaan.Yogyakarta : Gajah Mada University Press.
Riyanto, Bambang ,2008. Dasar-dasar Pembelajaran Perusahaan. Yogyakarta: BPFE.
Ross, Westerfield & Jordan. 2008. Pengantar KeuanganPerusahaan (Corporate Finance Fudamental) EdisiKedelapan. Jakarta: Salemba Empat.
Ruslim, Herman. 2009. Pengujian Struktur Modal (Teori Pecking Order) : Analisis Empiris Terhadap Sahamdi LQ-45. Jurnal Bisnis dan Akuntansi.Vol.11(3): hal.209-221.
Salim, Mahfuzah dan Dr. Raj Yadav. 2012. CapitalStructure and Firm Performance: Evidence from Malaysian Listed Companies. International Congresson Interdisciplinary Business and Social Science.
Sawir, Agnes, 2009. Analisa Kinerja Keuangan dan Perencanaan Keuangan Perusahaan. Jakarta: PT.Gramedia Pustaka Utama.
Sekaran, Uma. 2006. Metodologi Penelitian untuk BisnisEdisi IV.Jakarta : Salemba Empat.
Sugiyono. 2010. Metode Penelitian Pendidikan PendektanKuantitatif, Kualitatif, dan R&D. Bandung:Alfabeta.
Sudana, I Made. 2009. Manajemen Keuangan Teori danPraktik. Surabaya: Airlangga University Press.
Sufrendan Natanael Yonathan. 2014. Belajar Otodidak SPSS Pasti Bisa. Jakarta: PT Elex Media Komputindo.
Syamsuddin, L. 2011. Manajemen Keuangan Perusahaan:Konsep Aplikasi Dalam Perencanaan, Pengawasan dan Pengambilan Keputusan. Jakarta: RajawaliPress.
Tariq,W.Ali,I, Usman, H., Abbas,J., Bashir, Z.2013. Empirical Identification of Determinants of Firms Financial Performance : a Comparative Study on Textile and Food Sector of Pakistan .Journal Business and Economic Research.Vol 3 (1), pp 487- 497.
Taufik, Ariyanto. 2002. Pengaruh Struktur Pemegang Saham terhadap Struktur Modal Perusahaan. JurnalManajemen Indonesia. Vol. 2 (1) : hal. 64-71.
Vatavu, Sorana. 2015. œDeterminants Of Return On Assets In Romania: A Principal Component Analysis. Timisoara Journal Of Economic and Bussiness.
Velnampy. 2013. Corporate Governance and Firm Performance: A Study of Sri Lankan Manufacturing Companies. Journal of Economics and Sustainable Development. Vol. 4 (3), pp 228-235.
Wahyono, Hadi, 2002. Komparasi Kinerja Perusahaan Bank dan Asuransi Studi Empiris di Bursa Efek Jakarta.Jurnal Riset Ekonomi dan Manajemen, Vol. 2 (2), hal. 120-137.
Weston,J. F & Thomas E. C. 2007. Manajemen Keuangan,Terjemahan oleh Jaka Wasana, edisi ke sembilan Jilid 1. Jakarta: Binarupa.
Wiranata, Yulius Ardy dan Yeterina Widi Nugrahanti. 2013.Pengaruh Struktur Kepemilikan Terhadap Profitabilitas Perusahaan Manufaktur di Indonesia. Jurnal Akuntansi dan Keuangan, Vol. 15 (1), hal 15-26.
Zeitun,R., & Tian, G. G. 2007. Capital Strucutre and Corporate performance: Evidence from Jordon. Australasian Accounting, Business &Finance Journal. Vol.4 (1), pp 40-61.
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2018-02-27
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Kusuma, R. P. (2018). Pengaruh DAR, Ukuran Perusahaan, Risiko, Pajak, dan Likuiditas terhadap Profitabilitas Perusahaan Sektor Pertambangan di Indonesia. BISMA (Bisnis Dan Manajemen), 8(2), 191–203. https://doi.org/10.26740/bisma.v8n2.p191-203
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