PENGARUH KINERJA KEUANGAN TERHADAP PERUBAHAN LABA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

Abstract

This research is meant to find out and to prove the influence of financial performance to the profit changes in the manufacturing companies in the field of consumption goods industry sector which are listed in Indonesia Stock Exchange. The ratios which are used to measure the financial performance are: liquidity ratio (current ratio), solvability ratio (debt to equity ratio), and activity ratio (total asset turn over). The data analysis of this research uses Multiple Regression Analysis with the independent variables i.e. current ratio, debt to equity ratio, total asset turn over and the dependent variable is profit changes. The research sample has been selected by using purposive sampling technique to the 21 manufacturing companies in the consumption goods industry sector which have published their financial statement in 2010-2014 periods, so that 105 financial statements which meet the sample criteria have been obtained. Based on the result of the analysis and hypothesis test, it has been found that significantly the variables i.e. debt to equity ratio and total asset turnover have influences to the profit changes whereas the current ratio does not have any significant influence to the profit changes.
Keywords: Current ratio, debt to equity ratio, total asset turn over, Profit Changes, multiple regression analysis.