Abstract

This study analyzes effects of firm specific factors to the profitability of property and real estate sub-sector which listed in BEI in time period of 2010-2015. Firm specific factors are measured with liquidity, financial leverage, firm size, and firm growth as generally used determinants. This reasearch used purposive sampling method at 33 firms which fulfill the research criterions, which are firms listed consistently in BEI’s property and real estate sub-sector, also publishing financial statements routinely during research period. Analysis proceeded by using multiple linear regression with study results show that liquidity and financial leverage have negative effects to profitability, while firm size and firm growth have positive effects to profitability.

Highlights

  • PENDAHULUAN Indonesia adalah satu negara dengan pertumbuhan ekonomi yang tinggi dengan tingkat inflasi aset yang tinggi

  • real estate sub-sector which listed in BEI in time period

  • Firm specific factors are measured with liquidity

Read more

Summary

Muhammad Madyan Putri Yanti Lestyarini Novian Abdi Firdausi

PENDAHULUAN Indonesia adalah satu negara dengan pertumbuhan ekonomi yang tinggi dengan tingkat inflasi aset yang tinggi. Meskipun sub-sektor properti dan real estate di Indonesia relatif sering digunakan sebagai objek penelitian (Diaz & Hindro, 2017; Setiawanta, 2016; Mayasari, 2012), jarangnya penelitian yang membahas firm specific factor secara spesifik menjadi research gap dalam penelitian ini. Liquidity, firm growth dan firm size adalah variabel penentu yang umumnya digunakan dalam penelitian dengan pembahasanpembahasan yang serupa, seperti dalam Avdalović (2018), Bhutta dan Hasan (2013), Hossain dan Ali (2012), Kaya (2015), Banerjee dan Majumdar (2018), Diaz dan Hindro (2017), Nasuha at al. Variabel dependen dalam penelitian ini adalah profitabilitas yang diukur melalui ROA, yakni laba bersih dibagi total aktiva. Pemilihan sampel data menggunakan teknik purposive sampling untuk mendapatkan representasi populasi yang sesuai dengan kriteria penelitian, yakni perusahaan yang ada secara konsisten dalam listing sub-sektor properti dan real estate dan menyajikan laporan keuangan secara lengkap dan rutin dalam periode waktu 2010-2015.

FLit CRit GROWTHit SIZEit e
Valid n
Standarized Coefficients Beta
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.