E-Jurnal Manajemen Trisakti School of Management (TSM)
Vol. 6 No. 2 (2026): E-Jurnal Manajemen Trisakti School of Management (TSM)

FAKTOR PENENTU KINERJA PERUSAHAAN FOOD AND BEVERAGE DI BEI PERIODE 2014-2017

MICHAEL HIDAYAT (Trisakti School of Management)
IGNATIUS RONI SETIAWAN (Universitas Tarumanagara)



Article Info

Publish Date
14 Jul 2026

Abstract

This study aims to examine the effect of company’s solvency, total asset turnover, and family ownership on firm performance in food and beverage companies listed on the Indonesia Stock Exchange during the 2014–2017 period. The study employs a quantitative approach using purposive sampling and multiple linear regression analysis. The sample consists of 3 companies selected from a population of 13 companies, resulting in 48 observations. The results indicate that company’s solvency, total asset turnover, and family ownership have a positive and significant effect on firm performance. These findings suggest that firms with stronger financial conditions, more efficient asset utilization, and higher family ownership tend to achieve better performance. This study provides empirical evidence regarding the determinants of firm performance in the Indonesian food and beverage industry.

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Journal Info

Abbrev

EJMTSM

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

E-Jurnal Manajemen Trisakti School Management (TSM) is biannual publication issued in the month of March, June, September, and December. E-Jurnal Manajemen TSM is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to management issues ...