Coopetition : Jurnal Ilmiah Manajemen
Vol. 13 No. 3 (2022): Coopetition : Jurnal Ilmiah Manajemen

Analysis of Capital Structure and CAPEX : It’s Effect on ROE of Mining Companies

Eldina Ayu Trisnawati (Universitas Madura)
Wahyu Maulana (Universitas Madura)



Article Info

Publish Date
31 Oct 2022

Abstract

The mining sector has assets to support the company's operations in order to make a profit. This requires large capital so that accurate calculations are needed so as not to have an impact on financial performance. The purpose of this study is to examine the effect of capital structure on ROE which is a reflection of the company's financial performance. The research population is mining sector companies listed on the Indonesia Stock Exchange for the 2017-2021 period by analyzing published financial reports. The sample used purposive sampling method in order to obtain data that matched the desired criteria. The results showed that partially, the DER variable had a negative effect on ROE while the DAR variable had a positive effect on ROE and the CAPEX variable had no effect on ROE. The results of the study simultaneously show that DAR, DER and CAPEX have a positive effect on ROE

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Journal Info

Abbrev

coopetition

Publisher

Subject

Economics, Econometrics & Finance Education Social Sciences Other

Description

Coopetition : Jurnal Ilmiah Manajemen (E-ISSN : 2615-4978, P-ISSN : 2086-4620) adalah jurnal ilmiah bidang manajemen yang diterbitkan oleh Program Studi Magister Manajemen, Institut Manajemen Koperasi Indonesia, yang semula dua kali dalam setahun, menjadi tiga kali dalam setahun yaitu bulan Maret, ...