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Journal : JOURNAL OF APPLIED BUSINESS ADMINISTRATION

The Effect of Return on Assets, Debt to Equity, and Total Asset Turnover on Earnings Growth with Company Size as a Moderating Variable in Basic Industry and Chemical Sector Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX) for the 2020-2023 Period Devi, Devi; Tandiah, Ester; Salim, Maria
Journal of Applied Business Administration Vol 9 No 1 (2025): Journal of Applied Business Administration
Publisher : Pusat P2M Politeknik Negeri Batam

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30871/jaba.v9i1.9323

Abstract

This study aims to test and analyze the effect of return on assets, debt to equity, and total asset turnover on earnings growth with company size as a moderating variable in manufacturing companies in the basic and chemical industry sectors listed on the Indonesia Stock Exchange (IDX) for the period 2020-2023. The study population was 170 companies. The method used in sampling based on criteria (purposive sampling) obtained 49 companies as samples with a total of 196 observations. The secondary data collection method includes annual financial reports, journals, and related books. This research is quantitative, data analysis is done through PLS-SEM with a two-stage test approach using the Smart PLS 3.0 program. The results showed that return on assets and debt to equity partially had a significant positive effect on earnings growth while total asset turnover partially did not affect earnings growth. Company size is unable to moderate return on assets, debt to equity, and total asset turnover on earnings growth. The implication of this research is to provide insight for company management to pay more attention to the efficiency of asset use and capital structure management to increase profit growth, as well as provide information for investors in considering financial factors before making investment decisions in basic and chemical industry sector companies.
Co-Authors Ahmad Arif Alfarhani, Luqyana Shafira Andjar, Febry Jein Andrey Yanuar Setiawan, Ihda Anjelina, Dewi Aprianes, Cesilia aprilia, indah Arfian, Erry Arni Arni Ashifuddin, Muhammad Naufal Aurelia, Jessica Bambang Yuniarto Bistari Butarbutar, Marisi Charlie, Florencia Darwin Lie Dessy Wardiah, Dessy Dwi Astutik Evi Mufrihah Zain Fadillah Heryanda, Mahfuzhoh fatimah Fatimah Fatmita AS, Lusi Fauji, Robby Febriansyah, Ilham Fitria Halim Ginting, Wenny Anggresia Girsang, Rani Delviana Harapan, Edi Hazizah, Eva Retno Nur Hery Kresnadi Hutabarat, Rugun Romaida HUTABARAT, SWANDI Ikhsan, Nur Iman, Sopian Nur Izhar Salim Jefryadi, Jefryadi Kasim, Ma'ruf Leni Rohida Leon, Farah Margaretha Lilis Setiawati Lutfah, Dewi Maola, Dia Hasbi Markhumah, Urfah Muhammad Basri Muhammad Elwan, La Ode Mutaqqin, Muhammad Zainal Nabila P.A.R, Amanda Namira Ufrida Rahmi Nasrullah Nasrullah Noeroel Widajati Nur Bintang, Aksari Nur Irawati Nur Khoiriyah Nurohman, Abi Nursanti, Andi Octavia, Marcela Owen, Nicholas Pakpahan, Hetti Praesti, Prian Prianto, Yuwono Priyanti, Nita Putri Amalia Putri Sahara Harahap Rahmah Rahmah Ramadhani B, Kemas Ratna Sari Dewi Ratnasari, Ika Fitriana Dyah Rianda Elvinawaty Rifurio, Muhammad Haikal Riski, Meriska RONI ISMOYOJATI Safitri, Azzahra Nur Sahrianti, Nini Sajjad, Nimra Salim, Maria Saputra, Fitrah Saputra, Imam Andika Sihabudin Sihabudin, Sihabudin Sihotang, Yeni Irawaty Silalahi, Detty silviayolanda, Silvia Yolanda Siregar, Samuel Fernandes Siti Rahayu Sulistyarini, Sulistyarini Syafaah, Ulisy Syafruddin Syafruddin Syailendra, Rizqy Tandiah, Ester Tarnoto, Tenny Tiana Putri, Inggit Tikirik, Wita Oileri Tobing, Sarah Angelina Setiahata Lumban Tristyawan R, Ade Try Hariadi Vivian Vivian Widodo, Hery Willy Arafah, Willy Winnie Winnie Wismajaya, Tegar Apriansyah Wulan Guritno, Ajeng Putri Yanuar Setyawan, Ihda Andrey Yessica Wijaya Zahanis Zahanis