Journal of Social Science
Vol. 5 No. 2 (2024): Journal of Social Science

RETRACTED : Effect Of Financial Ratio and Company Size on Profit Growth in Industrial Variety Sector Companies Listed in Indonesia Stock Exchange 2015-2017 Period

Sella Saulinda (Faculty of Economics and Business, Department of Management of National University. Jakarta)
Herry Krisnandi (Faculty of Economics and Business, Department of Management of National University. Jakarta)
Kumba Digdowiseiso (Faculty of Economics and Business, Department of Management of National University. Jakarta)



Article Info

Publish Date
13 Feb 2024

Abstract

This study aims to analyze the influence of the current ratio, inventory turnover, debt to equity, and company size on profit growth in various sub-industry companies listed on the Indonesian stock exchange. The sample in this study were 22 companies for the research period of 2015-2017, with the sampling method used purposive sampling. The test used in this study is the classic assumption test (normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test), multiple linear regression is used as an analysis tool and to test the hypothesis used t-test, f-test and R² test. The linear regression equation answers Y = -60.03827 + 23.127291X1 + 9.931366X2 + 7.706515X3 - 2.907177X4. The results of the study show that there is a positive and significant influence between the Current ratio on earnings growth, indicating that poor company liquidity will affect the decline in the value of profits in various sub-industry companies. Inventory Turnover has a positive and significant effect indicating the effectiveness of inventory turnover to increase profit growth in various sub-industry companies. Debt to Equity and company size have no effect on profit growth in various industrial Sub companies listed on the Indonesia stock exchange.

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Journal Info

Abbrev

jsss

Publisher

Subject

Religion Humanities Education Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

Description

The Journal of Social Science provides a means for sustained discussion of relevant issues that fall within the focus and scopes of the journal which can be examined empirically. The journal publishes research articles covering all aspects of social sciences, ranging from Management, Economics, ...