JASF (Journal of Accounting and Strategic Finance)
Vol 2 No 1 (2019): JASF (Journal of Accounting and Strategic Finance)

Analysis of Financial Performance in Predicting Earning Growth

Eny Suprapti (Universitas Muhammadiyah Malang)
Qonita Qonita (Universitas Muhammadiyah Malang)
Ach. Syaiful Hidayat (Universitas Muhammadiyah Malang)



Article Info

Publish Date
30 Jun 2019

Abstract

This study aims to determine the effect of proxied financial performance with total asset turnover, current ratio, and return on assets in predicting earning growth in manufacturing companies listed on the Indonesia Stock Exchange for the period 2016-2017. The research sample was 48 out of 144 manufacturing companies through purposive sampling technique. The technique of collecting data is secondary data. Data analysis uses descriptive statistics and multiple linear regression analysis. The hypothesis tests are using the t-test and F test. Based on the results of the study found that return on assets, the current ratio has an effect on earning growth while total asset turnover does not affect earning growth. Manufacturing companies should pay more attention to their financial performance related to CR and ROA. They must also increase their operational activities, and more optimally use the company's overall assets effectively. For further research, it is suggested that in predicting earning growth, there are many factors beside CR and ROA that will influence the earning growth.

Copyrights © 2019






Journal Info

Abbrev

jasf

Publisher

Subject

Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

Description

Journal of Accounting and Strategic Finance (JASF) is a blind peer-reviewed journal that publishes theoretical, empirical, and experimental research papers. The Journal encourages the utilization of economic, financial and sociological theories to investigate, analyze, and explain issues in ...