The Several Factors That Can affect the growth of Manufacturing Company Profits listed on the Indonesia Stock Exchange for the period 2016-2018
DOI:
https://doi.org/10.38035/dijefa.v2i6.1104Keywords:
Profitability, Capital Structure, Operating Cash Flow, Firm Size and Earnings GrowthAbstract
This study aims to examine the effect of profitability, capital structure, operating cash flow and firm size on earnings growth. The population of this study is all manufacturing companies listed on the Indonesia Stock exchange (IDX) in 2016-2018. Based on purposive sampling method, the total sample of this study was 19 companies. The analysis carried out in this research is descriptive statistical test, panel data testing, classical assumption test and hypothesis test. The measurement tool used for this analysis is the Eviews 9. The result of this study indicate that based on the partial test (t test) profitability, operating cash flow and firm size have a positive effect on earnings growth while capital structure has a negative effect on earnings growth. Taken together (test f) profitability, capital structure, operating cash flow and firm size affect the earnings growth
References
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Prastowo, D. (2011). Analysis of Financial Statements: Concepts and Applications (Edition 3, Print 1). Yogyakarta: STIE YKPN
Rahmawati, Mega. (2016). Effect of Operating Cash Flow on Profit Growth. University of Education Indonesia
Rialdy, N. (2017). Effect of Operating Cash Flow on Profit Growth. Journal of Accounting and Business, 3(1), 84-92, ISSN 2243-3071. University of Medan Area
Sulindawati. N.L.G.E, Yuniarta, G.A & Purnamawati, I.G.A. (2017). Financial Management: As a Basis for Business Decision Making (Edition 1, Print 1). Depok: Rajawali Press
Yohanas, Wendy. (2014). Effect of Company Size, Solvency and Profitability on Profit Growth. Journal of Accounting. 2(3). Padang State University
Andriyani, I. (2015). Effect of Financial Ratio to Profit Growth. Journal of Management and Business, 13(3)., 343-358. Srivijaya University
Dewi, D.A.I.Y.M & Sudiartha, G, M. (2017). Effect of Profitability, Company Size, and Asset Growth on The Company's Capital Structure and Value. E-Journal of Management Unud, 6(4), 2222-2252, ISSN 2302-8912. Udayana University
Dewi, K. D. K., Susila, G. P. A. J., Bagia, I, W. (2017). Effect of Total Asset Turnover and Net Profit Margin and Debt To Equity Ratio on Profit Growth. Journal of Management Department, 8(2). Ganesha University of Education
Fitriana E, Hanum, A.N & Alawiyah. (2018). Factors that Affect Profit Growth. Proceedings of the National Seminar of Unimus Students, 1, 425-431, ISSN 2654-766X
Fransiska, Yessy. (2014). Net Profit Margin (NPM), Total Assets Turn Over (TATO), Gross Profit Margin (GPM) Analysis on Profit Growth. Srivijaya State Polytechnic
Gautama, F. A. J & Hapsari, D, W. (2016). The Effect of Net Profit Margin (NPM), Total Asset Turnover (TATO) and Debt Equity Ratio (DER) on Profit Growth. Journal of Economics and Business, 3(1), 387. Telkom University
Gunawan, A & Wahyuni, S.F. (2013). Effect of Financial Ratio to Profit Growth in Trading Companies in Indonesia. Journal of Management & Business, 13(1), 63-84, ISSN 1693-7619, University of Muhammadiyah North Sumatra
Harahap, Sofyan Syafri. (2012). Accounting Theory. Jakarta: RajaGrafindo Persada
Hery. (2014). Management Performance Analysis. Jakarta: PT Grasindo
Cashmere. (2018). Analysis of Financial Statements (Edition 1, Print 11). Depok: Rajawali Press
Laxita, I, M. (2012). Analysis of Factors That Affect a Company's Value With Profitability As
Mahaputra, I. N. K. (2012). Effect of Financial Ratios to Profit Growth. Journal of Accounting and Business, 7(2), 243-254, ISSN 1907-3771. Mahasaraswati University Denpasar
Makiwan, G. (2018). Leverage Ratio Analysis to Predict Profit Growth of Food and Beverage Sub-Sector Manufacturing Companies Listed on Indonesia Stock Exchange Period 2011-2015. Hasanuddin Student Journal, 2 (1), 189-202, ISSN 2579-7867. Hasanuddin University
Prastowo, D. (2011). Analysis of Financial Statements: Concepts and Applications (Edition 3, Print 1). Yogyakarta: STIE YKPN
Rahmawati, Mega. (2016). Effect of Operating Cash Flow on Profit Growth. University of Education Indonesia
Rialdy, N. (2017). Effect of Operating Cash Flow on Profit Growth. Journal of Accounting and Business, 3(1), 84-92, ISSN 2243-3071. University of Medan Area
Sulindawati. N.L.G.E, Yuniarta, G.A & Purnamawati, I.G.A. (2017). Financial Management: As a Basis for Business Decision Making (Edition 1, Print 1). Depok: Rajawali Press
Yohanas, Wendy. (2014). Effect of Company Size, Solvency and Profitability on Profit Growth. Journal of Accounting. 2(3). Padang State University
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2022-01-15
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