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THE INFLUENCE OF PROFITABILITY, LIQUIDITY, AND COMPANY SIZE ON CAPITAL STRUCTURE: EVIDENCE FROM INDONESIA FOOD AND BEVERAGE COMPANIES Angela, Karin Novena; Ekadjaja, Agustin
International Journal of Application on Economics and Business Vol. 3 No. 2 (2025): May 2025
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v3i2.984-992

Abstract

In the era of globalization, the business world is experiencing rapid development which triggers intense competition between companies, so that systematic and planned financial management is needed in order to survive. Capital structure holds a significant position in ensuring financial stability and operational sustainability for a business, where the right funding policy can increase profits and investor confidence. Effective management of funds, ncompassing both internal and external sources, enables businesses to optimize prospects within a highly competitive market landscape. The purpose of this study was to determine the effect of profitability, liquidity, and company size on entities in the food and beverage subsector companies listed on the Indonesia Stock Exchange during the period 2021-2023. This study used purposive sampling approach, resulting in 96 data on food and beverage subsector companies listed on the IDX during the period 2021-2023. Data analysis wa performed using Eviews 12 software. The hypothesis testing method in this research uses multiple linear regression models. The model estimation chosen is the Fixed Effect Model to ensure the suitability of the multiple linear regression model in the data analysis used. This study measures capital structure by employing the DER as the main parameter. The result obtained from this research shows that profitability has no significantly negatively effect on capital structure. Liquidity has a significantly negatively effect on capital structure. Company size has a significant positively effect on capital structure.
PELATIHAN JURNAL UMUM PERUSAHAAN JASA KEPADA SISWA SMAN 2 JAKARTA Angela, Karin Novena; Adang, Ferry
Jurnal Serina Abdimas Vol 2 No 2 (2024): Jurnal Serina Abdimas
Publisher : Lembaga Penelitian dan Pengabdian Kepada Masyarakat Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jsa.v2i2.29278

Abstract

The Service Company General Journal Training at SMAN 2 Jakarta was designed with the aim of providing opportunities for students who are interested in the world of education to act as teacher assistants at school. The main focus of this training is to provide understanding and application of General Journals in recording service company transactions. Through this training, students are invited to be directly involved in recording service company business accounting activities along with the necessary explanations through diaries and related documentation. It aims to provide students with direct experience and real practice in the world of service company accounting. Teaching Assistance at SMAN 2 Jakarta is carried out for approximately 3 months. The methods used in Teaching Assistance are discussion, conventional and question and answer methods. The discussion method is used when giving practice questions to students in groups where students can discuss with their friends and when students have difficulty working, students can ask the author. Conventional methods are used to explain material on a whiteboard or by using a projector. The question and answer method is carried out with students by asking questions when they have finished explaining the material. This training has had a positive impact at the secondary education level, especially at SMAN 2 Jakarta. By involving students in the role of teacher assistants, this training indirectly helps in creating an interactive learning atmosphere. It is hoped that this training can provide a positive boost to students' interest in accounting and business, as well as provide a sustainable contribution to curriculum development at SMAN 2 Jakarta.