CORRELATION AND RELATIONSHIP ANALISYS FOR BUSINESS RISK AND COMPANY ASSETS (Case Study of Food and Beverage Companies in Indonesia)
DOI:
https://doi.org/10.1515/eoik-2017-0026Keywords:
business risk, profitability, size, sales growth, capital structureAbstract
Purpose : This study aims to investigate how variable ratios such as capital structure, NPM, ROA, asset structure and business risk on 60 companies listed on the IDX to know the book ending 2016.
Research methodology : The method used in this research is descriptive statistic analysis, correlation analysis and multiple regression analysis.
Findings : result of research explains that capital structure of 60 food and beverage industry company have significant relation with variable of Net Profit Margin (NPM) equal to 0,0658, business risk equal to 0,0401, asset structure equal to 0,0019 and for ROA variable with no relation significant with a value of 0.5929. So that 3 variables that have significant relationship and 1 variable of capital structure with ROA is not significant.
Originality : This study can contribute to the existing literature, especially those related to the analysis of the company’s financial ratios. And later the results of this study can be used as an investigation tool about the impact of business risk to the company’s financial analysis of the food and beverage industry.
References
Brigham, E.F. and Houston, J.F. (2006). Dasar-Dasar Manajemen Keuangan, Edisi kesepuluh, Salemba Empat, Jakarta.
Ghozali, I. (2001). Aplikasi Multivariate Dengan Program SPSS. Badan Penerbit UNDIP. Semarang.
Gitosudarmo, H.et, all. (2008), Manajemen Keuangan, Edisi keempat, BPFE, Yogyakarta.
Husnan, S. (2000). Manajemen Keuangan Teori dan Penerapan Keputusan Jangka Panjang. Edisi keempat, BPFE, Yogyakarta.
Mulianti, F.M. (2010), Analisis Faktor-Faktor Yang Mempengaruhi Kebijakan Hutang dan Pengaruhnya Terhadap Nilai Perusahaan, Tesis, Universitas Diponigoro, Semarang.
Munawir, S. (2004), Analisis Laporan Keuangan, LIBERTY, Yogyakarta.
Nofal, M. (2007). Keputusan Struktur Modal Perusahaan Teori, Fakta Empiris dan Praktek Manajemen. UNTAD Press, Palu.
Rachmawardani, Y, (2007), Analisis Pengaruh Aspek Likuiditas, Risiko Bisnis, Profitabilitas dan Pertumbuhan Penjualan Terhadap Struktur Modal Perusahaan (Studi Empiris pada Sektor Keuangan dan Perbankan di BEJ). Tesis Universitas Diponigoro, Semarang.
Rangkuti, F, (2002), Riset Pemasaran, Gramedia Pustaka Utama bekerjasama dengan Sekolah Tinggi Ilmu Ekonomi IBII, Jakarta.
Riyanto, B, (2001). Dasar–Dasar Pembelanjaan Perusahaan, BPFE, Yogyakarta
Sartono, R. A. (2001). Manajemen Keuangan Teori dan aplikasi, Edisi keempat, BPFE, Yogyakarta.
Sujianto, A.E. (2001), “Analisis Variabel-variabel yang mempengaruhi struktur keuangan pada perusahaan Manufaktur yang Go Publik di Bursa Efek Jakarta”, Jurnal Ekonomi dan Manajemen, Vol.2, No.2, Desember 2001, Hal.125 – 138.
Susetyo, A.A. (2006). Faktor-faktor Yang Mempengaruhi Struktur Modal Pada Perusahaan Manufaktur Yang Go Public di BEJ Periode. Skripsi Universitas Islam Indonesia, Yogyakarta. 14. Syamsuddin, M. L. (2001). Manajemen Keuangan Perusahaan. Bina Graha, Jakarta.
Van Horne, J.C and Wachowicz, M. (1998). Prinsip-Prinsi Manajemen Keuangan, Edisi Indonesia, Salemba empat, Jakarta.
Weston, J.F and Copeland. (1992). Dasar–Dasar Manajemen Keuangan Jilid II, Erlangga, Jakarta.
Additional website : www.idx.co.id
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2017 Oikos Institute - Research Centre
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.