Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Vol. 7 No. 9 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah

Analisis Rasio Fundamental dan Good Corporate Governance (GCG) Terhadap Profitabilitas

Amalia Rosdianti (Unknown)
Barlia Annis Syahzuni (Unknown)



Article Info

Publish Date
02 Sep 2025

Abstract

The profitability of mining companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023 was examined using fundamental ratios that could potentially have an impact. Financial ratio analysis is crucial for companies to assess and enhance their profitability in the future. This study considers capital structure, liquidity ratio, activity ratio, and company growth rasio as a fundamental indicators. It also explores how profitability is influenced by good corporate governance disclosure. Five hypotheses were developed to test the impact of fundamental analysis and good corporate governance disclosure on profitability. The study use causal approach and is tested using multiple linear regression analysis. Out of a total population of 112 mining companies, 56 were selected as research samples based on purposive sampling. The regression results indicate that, individually, liquidity and corporate governance disclosure do not significantly affect profitability. However, activity, and company growth each have a significant positive impact on profitability. Meanwhile, only capital structure show a significantly negative value on profitability.

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Journal Info

Abbrev

alkharaj

Publisher

Subject

Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah is a scientific journal published by Pusat Riset dan Kebijakan Strategis PRKS) of  Institut Agama Islam Nasional (IAI-N) Laa Roiba Bogor in collaboration with Masyarakat Ekonomi Syariah (MES) and Intelectual Association for Islamic Studies ...