PENGARUH UKURAN PERUSAHAAN, LEVERAGE, DAN STRUKTUR MODAL TERHADAP KINERJA KEUANGAN PERUSAHAAN

Abstract

This research aimed to examine the effect of firm size, leverage, and capital structure on financial performance. The firm size was proxy with Logaritma Natural (Ln) total assets, leverage was proxy with Debt to Equity Ratio (DER), capital structure was proxy with Long Term Debt to Equity Ratio (LDER), and financial performance was proxy with Return On Assets (ROA). The research was quantitative. Moreover, the population was Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) during 2018- 2021. Furthermore, the data were secondary. The data collection technique used purposive sampling, in which the sample was based on criteria given. In line with that, there were 68 samples from 17 Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) during 2018-2021. Additionally, the data analysis technique used multiple linear regressions. The result showed that firm size had a positive but insignificant effect on financial performance. On the other hand, leverage had a positive and significant effect on financial performance. In contrast, capital structure had a negative but significant effect on financial performance.