ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KINERJA PERUSAHAAN (Studi Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2015)
Abstract: Firm performance is
an important part for measuring the success company for being the first thing
that will be seen by an investor. This study aimed to analyze the effect of the
cash conversion cycle, cash holding, tangible fixed assets, current ratio, leverage,
growth, and size on firm performance. Proxy that used to measure firm
performance in this study is Return on Assets (ROA).
The population in this study are all manufacturing companies listed in
Indonesia Stock Exchange for period 2015-2016. Purposive sampling is used to
determine the number of samples, 20 companies manufacturing used in this study.
The analytical method used is the data panel regression with a significance
level of 5% .
These results indicate that the cash conversion cycle has significant
negative effect on firm performance. Cash holding has insignificant negative
effect on firm performance. Tangible fixed assets has significant negative
effect on firm performance. Current ratio has significant positive effect firm
performance. Leverage significant negative effect on firm performance. Growth
significant positive effect on firm performance. Size insignificant negative
effect on firm performance. In this study the cash conversion cycle (CCC),
holding cash, tangible fixed assets, current ratio, leverage, growth, size are
able to explain the firm performance by 94% and the other is explained by other
factors beyond research.
Keywords: Return on Assets,
cash conversion cycle (CCC), cash holding, tangible fixed assets, current
ratio, leverage, growth, size
Penulis: Eka Puji Lestari, R.
Djoko Sampurno
Kode Jurnal: jpmanajemendd170766
