Abstract

Financial decisions in the company are an important part that is very influential on operational and financial performance. The survival of a company is showed from an operational activity that carried out, so that the company gets the desired results. Financial decisions in the form of working capital policies are important for the survival of the company. Companies can use working capital to get good financial performance. Financial performance can be reflected in profitability and firm value.
 The role of working capital towards financial performance in companies involves other factors, namely firm size. Large companies with assets have quite a lot of different policies on the use of working capital. This impact will affect the financial performance produced. Associated with the size of the company, this study examines working capital for financial performance by considering firm size.
 The study aims to examine working capital for financial performance. The study was conducted on manufacturing companies in the Indonesia Stock Exchange with a study period of three years 2015 to 2017. Test results showed the relationship of working capital to financial performance by considering firm size. With this connection, it shows the importance of using woking capital that is good enough to generate profitability and firm value.
 
 Keywords: working capital, financial performance, profitability, firm value, firm size.

Highlights

  • ABSTRAK Keputusan keuangan dalam perusahaan merupakan bagian penting yang sangat berpengaruh pada operasional dan financial performance

  • Associated with the size of the company, this study examines working capital for financial performance by considering firm size

  • Dengan memperhatikan pada aktiviatas perusahaan pada determinasi working capital, dan pengaruh firm size, maka menurut hasil analisis efek positif pada kinerja akan didapatkan

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Summary

Introduction

ABSTRAK Keputusan keuangan dalam perusahaan merupakan bagian penting yang sangat berpengaruh pada operasional dan financial performance. Financial performance dapat tercermin dari profitabilitas dan firm value. Dengan kaitan ini maka memperlihatkan pentingnya penggunaan woking capital yang cukup baik untuk menghasilkan profitabilitas dan firm value. Keputusan keuangan dalam keuangan merupakan bagian penting yang sangat berpengaruh pada operasional dan hasil kinerja perusahaan.

Results
Conclusion

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