PENGARUH PERTUMBUHAN PERUSAHAAN DAN UKURAN PERUSAHAAN TERHADAP KINERJA KEUANGAN

Abstract

This research aimed to examine the effect of a company’s growth and firm size on financial performance. The company’s growth was measured by sales growth (Growth), firm size was measured by Log Natural (Ln), and financial performance was measured by Return on Asset (ROA). The research was quantitative. Furthermore, the population was Food and Beverage companies that were listed on The Indonesia Stock Exchange (IDX). The data collection technique used purposive sampling. In line with that, there were 17 Food and Beverage companies as the sample. Moreover, the data were taken during five years of observations 2017-2021. In total, there were 64 data. Additionally, the data analysis technique used descriptive statistic analysis, a classic assumption, multiple linear regression analysis, hypothesis tests, and SPSS (Statistical Product and Service Solution) 26 The research result showed that the company’s growth had a significant and positive effect on financial performance. However, the firm size did not affect had a negative and insignificant effect on financial performance. In conclusion, the bigger the company’s growth was, the higher the company’s sales value would be. As a consequence, it improved company’s financial performance. On the other hand, how big or small scale of the firm size did not affect company’s financial performance.