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Analisis Rasio Fundamental dan Good Corporate Governance (GCG) Terhadap Profitabilitas Amalia Rosdianti; Barlia Annis Syahzuni
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 7 No. 9 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v7i9.8460

Abstract

The profitability of mining companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023 was examined using fundamental ratios that could potentially have an impact. Financial ratio analysis is crucial for companies to assess and enhance their profitability in the future. This study considers capital structure, liquidity ratio, activity ratio, and company growth rasio as a fundamental indicators. It also explores how profitability is influenced by good corporate governance disclosure. Five hypotheses were developed to test the impact of fundamental analysis and good corporate governance disclosure on profitability. The study use causal approach and is tested using multiple linear regression analysis. Out of a total population of 112 mining companies, 56 were selected as research samples based on purposive sampling. The regression results indicate that, individually, liquidity and corporate governance disclosure do not significantly affect profitability. However, activity, and company growth each have a significant positive impact on profitability. Meanwhile, only capital structure show a significantly negative value on profitability.
Pengaruh Leverage, Size, Growth dan Profitabilitas Terhadap Nilai Perusahaan Vany Febri Rianti; Barlia Annis Syahzuni
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 7 No. 9 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v7i9.8473

Abstract

This research was conducted with the aim of seeing the results of partial tests on how leverage, size, growth, and profitability impact firm value. This study uses debt to equity ratio to assess leverage, LN total assets to measure size, net profit after tax to measure growth, and net profit margin to measure profitability in this study as independent variables. Firm value is proxied by stock price to book value as the dependent variable. The study focused on a population of 67 infrastructure entities listed on the Indonesia Stock Exchange (IDX) in 2021-2023. This study uses a causal relationship with a purposive sampling technique, namely sampling with certain criteria. There were 78 samples from 26 entities after being eliminated based on sample criteria. This research uses a multiple linear regression analysis method. Data processing carried out shows that leverage, size, and profitability have a partial effect on firm value. While firm value is not partially affected by growth.