PENGARUH EFISIENSI MODAL KERJA, UKURAN PERUSAHAAN DAN GROWTH OPPORTUNITY TERHADAP PROFITABILITAS BADAN USAHA MILIK DAERAH (BUMD) KOTA MAGELANG PERIODE 2015 - 2018

  • Papang Permadi Prasetyo
  • Sulastiningsih Sulastiningsih
Keywords: working capital efficiency, company size, growth opportunity, profitability

Abstract

This study aims to analyze the effect of working capital efficiency, company size and growth opportunity on the profitability of BUMD Kota Magelang in the 2015-2018 period. The aspects examined are working capital efficiency, company size and growth opportunity for profitability. This research is a descriptive analysis research. The population in this study was 6 BUMD. The data used are secondary data in the form of annual financial statements published by each bank. Data were analyzed using descriptive statistics, linear regression analysis, t test, F test and coefficient of determination. The results of this study indicate that: 1) The variable efficiency of working capital and growth opportunity does not affect profitability; 2) Company size variable has positive and significant effect on profitability; 3) Together working capital efficiency, company size and growth opportunity affect profitability. The magnitude of the effect of working capital efficiency, company size and growth opportunity on profitability is 53,8%, while the remaining 46,2% is influenced by other variables not observed in this study.

Author Biographies

Papang Permadi Prasetyo

Prodi Akuntansi STIE Widya Wiwaha Yogyakarta

Sulastiningsih Sulastiningsih

Prodi Akuntansi STIE Widya Wiwaha Yogyakarta

References

Algifari. (2016). Statistika Deduktif. Edisi 3. Cetakan 2. Yogyakarta: Sekolah Tinggi Ilmu Manajemen YKPN.

Brigham, Eugene F, dan Joel F, Houston. (2005). Dasar-Dasar Manajemen Keuangan. Buku 2. Edisi 11. Jakarta : Salemba Empat.

Ghozali, Imam. (2006). Aplikasi Analisis Multivariate Dengan Program SPSS. Edisi Ke 4. Semarang: Badan Penerbit Universitas Diponegoro.

Hanafi, Mamduh. (2004). Manajemen Keuangan. Edisi 1. Yogyakarta: BPFE.

Kasmir. (2011). Analisis Laporan Keuangan. Jakarta: PT. Raja Grafindo Persada.

Kusumo, Candra Yuwono dan Ari Darmawan. (2016). “Pengaruh Perputaran Modal Kerja, Ukuran Perusahaan, Dan Diversifikasi Terhadap Profitabilitas Studi Pada Perusahaan Food And Beverage Yang Terdaftar Di BEI Periode 2013 – 2016”. Jurnal Bisnis Dan Ekonomi JBE Vol. 24 No. 2 (September).

Miswanto, Yanuar Rifqi Abdullah dan Shofia Suparti. (2017). “Pengaruh Efisiensi Modal Kerja, Pertumbuhan Penjualan Dan Ukuran Perusahaan Terhadap Profitabilitas Perusahaan”. Jurnal Bisnis Dan Ekonomi JBE Vol.24 No. 2. (September).

Mochamad Yahdi Khairin dan Puji Harto. (2017). “Pengaruh Growth Opportunity, Profitabilitas, Fixed Asset Ratio Dan Risiko Pasar Terhadap Struktur Modal”. Diponegoro Journal Of Accounting Vol. 03 No. 02.

Nailal Husna. (2016). “Analisis Firm Size, Growth Opportunity Dan Total Asset Turn Over Terhadap Return On Asset Kasus Pada Perusahaan Food Beverages”.

Nte’esi, Mangantar dan N, Untu. (2017). “Pengaruh Ukuran Perusahaan, Leverage, Dan Profitabilitas Terhadap Nilai Perusahaan Pada Sektor Properti Dan Real Estate”, E-Jurnal Manajemen Unud Vol. 5, No.9.

Putra, AA Yulia dan Ida Bagus Badjra. (2015). “Pengaruh Leverage, Pertumbuhan Penjualan Dan Ukuran Perusahaan Terhadap Profitabilitas”. E-Jurnal Manajemen Unud Vol. 4 No. 7.

Riyanto, Bambang. (2010). Dasar-Dasar Pembelanjaan Perusahaan. Ed. 4. Yogyakarta: BPFE.

Sawir, Agnes. (2005), Analisis Kinerja Keuangan Dan Perencanaan Keuangan Perusahaan. Jakarta: PT Gramedia Pustaka Utama.

Sugiyono, (2013). Metode Penelitian Bisnis. Bandung: Alfabeta.

Utami, Made Sri, Made Rusmala Dewi Kusuma dan Darmawan. (2018). “Pengaruh Manajemen Modal Kerja Terhadap Profitabilitas Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia”. E-Jurnal Manajemen Unud Vol. 5 No. 6.

Published
2022-06-30