Indonesian Financial Review
Vol. 3 No. 2 (2023)

The Influence of CR and DER on ROE in The Non-Cyclical Consumer Sector For Ten Years

Apriliani, Nabila (Unknown)



Article Info

Publish Date
30 Apr 2024

Abstract

This research is a quantitative study to determine the effect of the Current Ratio (CR) and Debt to Equity Ratio (DER) on Return On Equity (ROE) in the Consumer Non-Cylclical Sector for the 2012–2021 period. The data used is secondary data obtained from www.idx.co.id. The sample in this study used a purposive sampling method and obtained as many as 4 companies out of 10 population companies in the industrial sector which were used as research objects. The data analysis method used in this research is descriptive statistics, panel data regression analysis, hypothesis testing, and coefficient of determination test. Based on the partial test analysis, CR has no significant effect on ROE in the non-cyclical consumer sector. Then, DER has a significant effect on Return ROE in the non-cyclical consumer. It is concluded that CR and DER together have no effect on ROE, simultaneously.

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Journal Info

Abbrev

IFR

Publisher

Subject

Economics, Econometrics & Finance

Description

The intent of the Editors of The Indonesia Financial Review is to discuss, explore, and disseminate the latest issues and developments in Empirical Financial Economics (JEL classification: G), particularly those related to financial frictions in the Emerging Markets. The others are accepted such as ...