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Journal : Academia Open

Determinants of Automotive Sub-Sector Profitability: A 2017-2020 Analysis on Indonesian Stock Exchange Najib, Ainun; Hariasih, Misti
Academia Open Vol 9 No 2 (2024): December
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/acopen.9.2024.5500

Abstract

This study investigates the impact of liquidity, capital structure, firm size, and effective tax rate on the profitability of companies within the automotive sub-sector listed on the Indonesian Stock Exchange from 2017 to 2020. Employing purposive sampling, a sample of 12 companies was selected, and secondary data were analyzed using multiple linear regression. The findings reveal that liquidity, capital structure, firm size, and effective tax rate each individually influence profitability within the automotive sub-sector. Furthermore, when considered together, these factors exhibit a simultaneous impact on profitability. These results contribute to a deeper understanding of the financial dynamics within the automotive industry, offering valuable insights for practitioners, policymakers, and researchers in the global context. Highlight: Comprehensive Analysis: This study examines the impact of key financial factors on automotive sub-sector profitability. Strategic Sample Selection: Purposive sampling ensures a focused and representative sample of 12 companies. Holistic Insights: The study's combined findings shed light on the simultaneous influence of liquidity, capital structure, firm size, and effective tax rate, enhancing our understanding of the automotive industry's financial dynamics. Keywords: Liquidity, Capital Structure, Firm Size, Effective Tax Rate, Automotive Sub-Sector Profitability.
Co-Authors A. Syafi' AS. Abdillah Azzihab Abdul Jalil Abim Bhakti Ach. Raziqin Admiral Musa Julius Agatha, Melinda Yulia Ai Nurjanah Aini Sih Permana, Embun Al Amin, Muhammad al-Chudri, M. Ridho Maulana Al-Huda, Mohammad Aqil Ali Syahbana Amanatuz Zuhriyah Amanda, Efina Amin Amrullah, Faruq Aminah Nur Kauthar Binti Zawawi Ana, Selvia Roos Andi Ahmad Aminullah Andi Yudianto, Andi Andri Wijaya, Rizqi Ani Qomariyah Anwar, Thoful Arifudin, Moch. Safri Avanda, Pretty Aura Natasya Bagaskara, Bernardus Firman Budiawan, Ahmad Nafis Bunga Ratulian, Bestia David Ndaru Aji Pramudya Diah Sudiarti Dini Nuraini, Enok Dyah Ayu Suryaningrum Efina Amanda Fadillah, M. Amirul Faizah, Mamluatul Fathur Rohman, Fathur FUADI, ILHAM Gayuh Prasetyo Budi Hadromi - Hani Syarifah Hanifa, Nur Lailatul Hanum, Salsabila Hartono, R.Yudi Hayya, Adieba Warda Hendro Pratikno Herin Mawarti Huda, Aniq Nauval I Dewa Ketut Kerta Widana Ifad Fadlurrahman Ilham Kusumo, Januar Karimullah, Suud Sarim Khairunnisa Adri Khotimah, Suci Nurul Kurnia Sandie , Ichsan Latifah, Lafifatul Liam, Liam Linda Uril Khofifah Lintang Kumala, Shilla Lostari, Aini M, Muhammad Shohibu Mashudi Mashudi Maula Nasrifah Mega Puspitasari, Herlina Mega, Brunika Miftahul Ulum Mirza Andrian Syah Misti Hariasih Moh. Ali Hofi Muamar Sholih , Arrasyid Mubarok, Yusuf Muhammad Al Amin Muhammad Izamul Maruf Al Fahmi Muhammad Zulfikar Asumta Muharom, Mohammad Syahrul Mushofi, Rfiul Muslim, Imam Bukhori Muzadi, Ahmad Rafi Nasirun, Muhammad Khoirun Novitasari, Nurul Nrangwesthi Widyaningrum Nur Utami, Indriya Nurul Qomariyah, Ira Oetami Dwi Hajoeningtijas Patekun, Patekun Poetro, Bagus Satrio Waliyo Prika Fatikasari Qomariyah, Ani Raditya Damaris, Andreas Rahmawati, Rahmawati Rajab, Alfian Abdul Ramadhan, Jundullah Faqihuddin Riani, Novi Indah Risbon Sianturi Rizkia Mutiara Ramadhani Ronaltama Mabrur, Edwin Rustam Effendi Salma Fadhilah, Nur Setyawan, Ricky Andris Sri Mulyono Sudarti Sudarti Sugiono, Didik Sugiyono Sugiyono Sumriyah Sumriyah Sunarko, Mas Supardi Supardi Sutedja, Ade Armada Tego Suroso Teguh Pribadi Tyas Wahyuni, Leny Eka Ulin Nuha, Ulin Umar Umar Viera Salsabiela Rachman Wahyudi Wahyudi wahyuni wahyuni Wati, Tita Pertama Wiranti, Dwiana Wulandari, Devita Endah Wulandari, Eka Yunita Yani Dahliani Yasin Efendi Yudhi Eka Hanafi Zain, Muhammad Yasir