INTERNATIONAL JOURNAL OF EDUCATION, INFORMATION TECHNOLOGY, AND OTHERS
Vol 5 No 4 (2022): International Journal of Education, information technology and others

Factors Affecting Firm Growth Of Non-Cyclical Consumer Industry Companies Listed on Indonesia Stock Exchange in 2022

Angsari Sitorani Raharjo (Trisakti University)
Henny Setyo Lestari (Trisakti University)



Article Info

Publish Date
08 Aug 2022

Abstract

The primary purpose of this paper is to determine the factors that influence the growth of companies in the non-cyclical consumer industry sector. This sector is an industrial sector that produces or distributes primary consumer goods which are basic needs so that they are not affected by economic growth. The sample consists of 39 companies in the field of consumer non-cyclical listed on the Indonesia Stock Exchange in 2022. This study uses multiple regression analysis to analyze the variables that are the focus of the study. This study showed that company size and return on assets (ROA) significantly positively affected company growth. In contrast, the current ratio had an insignificant negative effect, and company leverage had a positive but not significant effect on company growth. The impact given between variables is statistically significant. Company managers can use this research to optimize company growth. They can pay attention to aspects such as increasing market share, reducing operating costs, increasing profits to increase the company's net income and need to anticipate the impact of competing companies that will affect company revenues

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Journal Info

Abbrev

IJEIT

Publisher

Subject

Computer Science & IT Education Languange, Linguistic, Communication & Media Social Sciences

Description

nternational Journal of Education, information technology and others (IJEIT) ISSN 2623-2324 (Print) ISSN 2654-2528 (Online) is printed in Indonesia and published twice a year (August and December) by peneliti.net collaborate with Indonesian education lecturer associations (ADPPI). IJEIT is dedicated ...