Abstract
The source of data used in this study was secondary data. Twenty companies were selected using the purposive sampling technique. The data collection technique used in this study was the documentation method derived from the Indonesian Stock Exchange (IDX) gallery from 2016 to 2020. The data analysis was carried out by applying panel data regression (pooled data) technique. The result of this study found that 1) Self-financing Ratio (E/C), Financial Leverage Ratio (LR), Long-term Asset Ratio (LAR) had a negative and significant effect on Financial Performance, 2) Debt-to Assets Ratio (DAR) had a positive and significant effect on Financial Performance, 3) Financial Assets to Total Assets had a positive and insignificant effect on Financial Performance.
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 callDisclaimer: 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.
