Kusuma, Arya Rama (2018) Pengaruh Financial Leverage terhadap Profitabilitas (Studi pada Perusahaan Sub Sektor Property & Real Estate yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2013-2015). Sarjana thesis, Universitas Brawijaya.
Abstract
Memaksimumkan nilai perusahaan sangat penting artinya bagi perusahaan karena dapat menarik investor untuk menanamkan modalnya. Bertambahnya modal perusahaan dapat meningkatkan peluang perusahaan untuk meningkatkan profitabilitas. Sumber dana perusahaan dapat diperoleh dari sumber pendanaan intern dan ekstern. Financial leverage dapat timbul akibat penggunaan hutang sebagai sumber dana atau pembiayaan perusahaan yang diharapkan dapat meningkatkan laba perusahaan. Tujuan penelitian ini adalah untuk mengetahui pengaruh financial leverage terhadap profitabilitas perusahaan. Penelitian ini menggunakan metode kuantitatif dengan penelitian penjelasan (explanatory research). Penelitian ini menjelaskan hubungan antara variabel Debt Ratio (DR), Debt to Equity Ratio (DER), dan Time Interest Earned Ratio (TIER) terhadap Return on Equity (ROE). Data yang diperoleh berasal dari situs www.idx.co.id. Populasi dalam penelitian ini yaitu perusahan jasa sektor property, real estate, & konstruksi bangunan sub sektor property & real estate yang terdaftar di BEI periode 2013-2015. Teknik pengambilan sampel dilakukan dengan purposive sampling yang kemudian ditetapkan 15 perusahaan sebagai sampel. Analisis data yang digunakan adalah Analisis Statistik Deskriptif, dan Analisis Statistik Inferensial. Analisis data dilakukan dengan bantuan aplikasi IBM SPSS Statistic 20. Hasil penelitian ini menunjukkan bahwa secara bersama-sama, variabel independen Debt Ratio (DR), Debt to Equity Ratio (DER), dan Time Interest Earned Ratio (TIER) berpengaruh tidak signifikan terhadap Return on Equity (ROE). Hasil penelitian ini menunjukkan secara parsial DER berpengaruh signifikan terhadap ROE. Hasil tersebut menyatakan bahwa pergerakan ROE dipengaruhi secara nyata oleh DER. Variabel DR dan TIER secara parsial berpengaruh tidak signifikan terhadap ROE yang berarti pergerakan ROE secara nyata tidak dipengaruhi oleh DR dan TIER.
English Abstract
Maximizing the value of the company is very important for the company because it can attract investors to invest. The increase in capital of the company may increase the chances of the company to improve profitability. Company funding sources can be obtained from internal and external funding sources. Financial leverage can arise due to the use of debt as a source of funds or corporate financing which is expected to increase corporate profits. The purpose of this study is to determine the impact of financial leverage on company profitability. This study uses quantitative method with explanatory research. This study describes the relationship between Debt Ratio (DR), Debt to Equity Ratio (DER), and Time Interest Earned Ratio (TIER) variables to Return on Equity (ROE). Data obtained from the site www.idx.co.id. The population in this study is services company of property, real estate, & building construction sub-sector of property & real estate that listed in Indonesia Stock Exchange for the period of 2013-2015. The sampling method was done with purposive sampling which then determined 15 companies as sample. The data analysis used Descriptive Statistical Analysis and Inferential Statistical Analysis. Data analysis was performed with the help of IBM SPSS Statistic 20. The result of this study indicates that jointly, independent variables of Debt Ratio (DR), Debt to Equity Ratio (DER), and Time Interest Earned Ratio (TIER) have no significant impact on Return on Equity (ROE). The result also indicates that DER partially have a significant impact on ROE. These results state that the movement of ROE is significantly influenced by DER. DR and TIER variables partially have no significant impact on ROE, which means the movement of ROE is not significantly influenced by DR and TIER.
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FIA/2018/1034/051900297 |
| Uncontrolled Keywords: | Debt Ratio (DR), Debt to Equity Ratio (DER), dan Time Interest Earned Ratio (TIER), Return on Equity (ROE) |
| Subjects: | 300 Social sciences > 332 Financial economics > 332.6 Investment > 332.63 Specific forms of investment > 332.632 Securities, real estate, commodities |
| Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
| Depositing User: | Budi Wahyono Wahyono |
| Date Deposited: | 30 Jul 2019 01:35 |
| Last Modified: | 18 Oct 2021 03:02 |
| URI: | http://repository.ub.ac.id/id/eprint/165297 |
![[thumbnail of Arya Rama Kusuma.pdf]](http://repository.ub.ac.id/style/images/fileicons/text.png) |
Text
Arya Rama Kusuma.pdf - Published Version Download (4MB) |
![[thumbnail of Thumbnails conversion from text to thumbnail_lightbox]](http://repository.ub.ac.id/165297/2/lightbox.jpg) |
Other (Thumbnails conversion from text to thumbnail_lightbox)
lightbox.jpg Download (19kB) |
![[thumbnail of Thumbnails conversion from text to thumbnail_preview]](http://repository.ub.ac.id/165297/3/preview.jpg) |
Other (Thumbnails conversion from text to thumbnail_preview)
preview.jpg Download (8kB) |
![[thumbnail of Thumbnails conversion from text to thumbnail_medium]](http://repository.ub.ac.id/165297/4/medium.jpg) |
Other (Thumbnails conversion from text to thumbnail_medium)
medium.jpg Download (2kB) |
![[thumbnail of Thumbnails conversion from text to thumbnail_small]](http://repository.ub.ac.id/165297/5/small.jpg) |
Other (Thumbnails conversion from text to thumbnail_small)
small.jpg Download (1kB) |
Actions (login required)
 |
View Item |