Jurnal Akuntansi Manajemen (JAKMEN)
Vol. 5 No. 1 (2026)

Analisis Struktur Modal dan Pertumbuhan Penjualan Terhadap Kinerja Keuangan Pasca Pandemi

Siti Julaela Julaela (Universitas Serang Raya)
Lulu Nailufaroh (Universitas Serang Raya)



Article Info

Publish Date
14 Aug 2026

Abstract

Abstract   This study aims to analyze the influence of capital structure and sales growth on the financial performance of real estate property companies listed on the Indonesia Stock Exchange during the post-pandemic period (2021-2023). A quantitative associative approach was employed to examine the relationship between the independent variables (capital structure and sales growth) and the dependent variable (financial performance). The population consisted of 93 companies, with a final sample of 72 companies after applying the selection criteria. Using a three-year panel data, a total of 178 observations were analyzed after excluding outliers. Multiple linear regression analysis was conducted using SPSS version 25. The findings indicate that: (1) capital structure has a significant negative impact on financial performance; (2) sales growth does not have a significant impact on financial performance; and (3) combined, capital structure and sales growth have a significant positive impact on financial performance.   Keywords: capital structure, sales growth, financial performance.

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Journal Info

Abbrev

Jakmen

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Akuntansi Manajemen was published by Faculty of Economics and Business Serang Raya University Indonesia with registered number ISSN 28281977 Published twice a year April and October JAKMEN is a communication media and a reply forum for scientific work especially regarding accounting magement ...