Putra, Yoga Rachmawan (2017) Analisis Pengaruh Operating Leverage Dan Financial Leverage Terhadap Profitabilitas (Studi Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2015). Sarjana thesis, Universitas Brawijaya.
Abstract
Setiap tahunnya perusahaan perbankan terus melakukan ekspansi. Hal tersebut terlihat dari pembangunan cabang dan unit-unit baru di wilayah baru setiap tahun. Harapannya adalah, cabang dan unit-unit baru tersebut dapat menjangkau nasabah yang lebih banyak sehingga perusahaan dapat berkembang dan profitabilitas dapat meningkat. Berbagai cara dilakukan agar ekspansi tersebut dapat berjalan, salah satunya adalah pendanaan perusahaan dengan utang. Penelitian ini bertujuan untuk mengetahui apakah operating leverage dan financial leverage memiliki pengaruh terhadap profitabilitas. Penelitian dilakukan pada perusahaan perbankan yang terdaftar di bursa efek Indonesia periode 2013-2015. Jumlah populasi dalam penelitian ini adalah 30 perusahaan perbankan, yang digunakan sebagai sampel adalah 10 perusahaan perbankan. Analisis dilakukan dengan analisis regresi linear berganda. Berdasarkan hasil penelitian dan analisis data dapat diketahui bahwa secara simultan, degree of operating leverage dan degree of financial leverage berpengaruh signifikan terhadap return on equity (0,001 < 0,05). Secara parsial degree of operating leverage berpengaruh negatif signifikan terhadap return on equity (0,001 < 0,05). Secara parsial degree of financial leverage tidak berpengaruh terhadap return on equity (0,061 > 0,05). Bagi calon investor dan juga perusahaan, disarankan dapat mempertimbangkan operating leverage (DOL) dan financial leverage (DFL) perusahaan karena dapat mempengaruhi profitabilitas (return on equity) perusahaan. Selain itu, faktor perekonomian juga dapat mempengaruhi berhasil atau tidaknya penggunaan operating leverage dan financial leverage.
English Abstract
On every year, banking companies are expanding. The expansion is done by building branches and units in new area. The new branches and units are expected to gain more customers so the company could expand more and the profitability would increase. Many ways are done to facilitate the expansion; one of them is to fund the company from debt, or in this case is leverage. The purpose of this study is to determine whether operating leverage and financial leverage have any impact toward profitability. This study was conducted on banking companies listed in the Indonesia Stock Exchange from 2013 to 2015. From the population of 30 banking companies, ten of them were selected as the sample. The data were analysed using multiple linear regression analysis. The result of this study reveals that degree of operating leverage and degree of financial leverage simultaneously influence return on equity significantly (0,001 < 0,05). Partially, degree of operating leverage has a negative and significant impact on return on equity (0,001 < 0,05), and degree of financial leverage does not have any significant impact on return on equity (0,061 > 0,05). Investor and the companies are suggested to analyse the operating and financial leverage of the company since they can affect profitability, which in this case, is return on equity. Other economic factor may also influence the success of the utilization of operating leverage and financial leverage.
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FE/2017/635/051710610 |
| Uncontrolled Keywords: | Modal, Profitabilitas, Operating Leverage, Financial Leverage, Return On Equity, capital, profitability, operating leverage, financial leverage, return on equity. |
| Subjects: | 600 Technology (Applied sciences) > 658 General management > 658.1 Organization and financial management > 658.15 Financial management |
| Divisions: | Fakultas Ekonomi dan Bisnis > Manajemen |
| Depositing User: | Nur Cholis |
| Date Deposited: | 30 Nov 2017 07:06 |
| Last Modified: | 16 Nov 2020 06:25 |
| URI: | http://repository.ub.ac.id/id/eprint/6301 |
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