Claim Missing Document
Check
Articles

External factors, leverage, and banks’ performance: Does risk matter? Edwin Agus Buniarto
Sebelas Maret Business Review Vol 8, No 1 (2023): June 2023
Publisher : Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/smbr.v8i1.73313

Abstract

This study aims to analyze the risk variables as an intervening factor between external factors and leverage on the financial performance of banking companies in the Indonesian Capital Market. In this study, 45 banking sector companies became the population. The sampling technique was purposive sampling, so the samples were 5 companies for 3 years. The data analysis technique in this study uses SmartPLS. The results show that the t-count coefficient is greater than the t-table, indicating a significant effect of external factors on risk in the company. There is no significant effect of leverage on risk with a t-count value smaller than the t-table. External factors significantly affect financial performance, with a coefficient value of t-count greater than t-table. There is a significant effect of leverage on financial performance, with a t-count coefficient value more significant than the t-table. The risk significantly affects financial performance, with a t-count coefficient value more significant than the t-table.
Corporate Profit Growth as a Result of Fluctuations in Activity Ratio, Solvency and Liquidity Edwin Agus Buniarto; Dian Ferriswara; Amirullah Amirullah
International Journal of Economics, Commerce, and Management Vol. 3 No. 1 (2026): International Journal of Economics, Commerce, and Management
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62951/ijecm.v3i1.1107

Abstract

This study examines the impact of financial performance indicators—activity, solvency, and liquidity ratios—on profit growth in pulp and paper manufacturing companies listed on the Indonesian Stock Exchange from 2019 to 2024. The research focuses on how variations in Total Assets Turnover, Inventory Turnover, Fixed Assets Turnover, Debt to Equity Ratio, and Quick Ratio affect profitability, especially during periods of economic instability like the COVID-19 pandemic. The aim is to identify which financial ratios have the most significant influence on profit performance. A quantitative research method was employed, utilizing secondary data from 42 observations of seven manufacturing firms, selected through purposive sampling. Multiple linear regression analysis, supported by SPSS software, was used to test the hypotheses. The findings show that all five ratios collectively have a significant impact on profit variations, with an F-statistic of 2.568 and a significance value of 0.044. However, when tested individually, only Total Assets Turnover and Inventory Turnover showed significant effects, while Fixed Assets Turnover, Debt to Equity Ratio, and Quick Ratio did not. The coefficient of determination (R²) was 0.263, indicating that 26.3% of the variation in profit can be explained by the analyzed variables.
Co-Authors Achmad Maharis Adha, Wahyu maulid Afrianto, Dadang Agung Budi Laksono Agus Hariyanto Ahmad Irvan Khoirudin Ahmad Jamaludin Sahlan Ahmad Maulana Ahmad MAULANA Ahmad Syamsudin Amirullah Amirullah Angreni Krisnawati Anova Aziza Permadani Atiani, Sela Awfriellinka Pramesty Brahma Wahyu Kurniawan Budi Laksono, Agung Desi Ginura Divarica Anjani Diana Ambarwati Dwi Agustina Putri Edi Murdiyanto Edwin Syahputra Eriana, Shinta Ayu Erwin Syahputra Erwin Syahputra, Erwin Fadhila Hana Antikasari Fadita Cyntia Rachmawati Faraday Alif Fiolana Ferriswara, Dian Firda Maghfiroh Illahi Fransisca Insani Harianto, Kukuh Hartoto Hartoto Hartoto Hartoto Hernanik, Nova Dwi Ida Hariyani Iin Kurniasari IING SRI HARDININGRUM Iing Sri Hardiningrum Iva Khoiril Mala Khoiron, Mohammad Zidny Kusumawardani, Mawar Ratih Listyani, Indah Lusi Indah Sari Lusi Indah Sari Maghdalena, Zema Indra Maharani, Lutfiana Marchella Puteri Andini Mawar Ratih Kusumawardani Mohammad Zidny Khoiron Musyarofah, Atiqatul Mutaqien, Zaenul Muttaqien, Zaenul Naura Adhitya Qutrunnada Nordin, Norshahrizan Novita Evi Khoiriyah Nur Hidayah, Sinta Nurali Agus Najibul Z. Nurali Agus Najibul Zamzam Nur’aini Mahardika Adila Ongki Pradana Permana, Salma Sukma Pratiwi, Tiya Nur Rahayu Bella Kartika Rahmatulloh, Titik Nur Rasyid Widada Ridha Khalimatu Khoiriya Ririn Wahyu Arida Ririn Wahyu Arida Sahlan, Ahmad Jamaludin Saptaria, Lina Saptaria, Lina Sari, Natasya Amelia Kumala Sari, Okta Viana Sri Pratama Sela Rully Amita Sari Setiawan, Johan Suci Dwi Prasetiyo Tantri Septianti Tiya Nur Pratiwi Umasugi, Mohbir Vera Charulina Wahyu Maulid Adha Wella Desintan Widika Widada, Rasyid Zaenul Mutaqien Zaenul Muttaqien Zakaria, Nizar Zulfia Rahmawati