PENGARUH WORKING CAPITAL DETERMINANTS TERHADAP FIRM PERFORMANCE DENGAN MODERASI WORKING CAPITAL REQUIREMENT

Velia Melisandra Sugiarto, Elsa Imelda (Fakultas Ekonomi Universitas Tarumanagara, Jakarta)

Jurnal Paradigma Akuntansi
Vol 2, No 3 (2020): Juli 2020

The purpose of this research is to obtain empirical evidence about the effect of cash flow, leverage, sales growth, firm size, and firm age on firm performance with Working Capital Requirement as a moderating variable in manufacturing companies listed on the Indonesian Stock Exchange during the period of 2016-2018. This research used 141 samples of corporate financial data that have been selected through purposive sampling method. The data used are secondary data in the form of financial and non-financial information from the company's annual report. Data processing in this research was done using e-views 11. The results showed that cash flow and firm size have a significant effect on firm performance. Working Capital Requirement weakens the effect of cash flow on firm performance.