Faktor - Faktor yang Memengaruhi Profitabilitas pada Perusahaan Subsektor Investment Company di BEI Periode 2015 – 2019

Authors

  • Reny Aziatul Pebriani Universitas Indo Global Mandiri
  • Rafika Sari Universitas Indo Global Mandiri

DOI:

https://doi.org/10.36982/jiegmk.v12i1.1288

Abstract

The aim of this study is to determine and analyse the effect of ESOP, leverage, and the size of the company partially and simultaneously to the profitability of the Investment Company Subsector Company in IDX Period 2015-2019. The data used in this study is library studies and documentation. Sample selection in this study using nonprobability purposive sampling technique. The data analysis method used is multiple linear regression analysis. The results prove that ESOP and company size partially have no significant effect on profitabilitas, but leverage has a significant effect on profitability. Then simultaneously ESOP, Leverage, and Company Size have no effect on profitability. The results of research with Agency theory and signal theory, ESOP is expected to increase the loyalty of the company manager to the owner of the company in improving profitability, and ESOP does not affect the contribution of profitability information of a company in assessing the condition of a company, between the relationship of the manager and the owner of the company.  Leverage, in the explanation of signal theory is one of the factors that influence in providing information to investors on the profitability of acompany. Size of the company is determined by the management steps to manage the company's profit as best as possible, which we know companies with large scale does not necessarily have a good company performance also in improving its profitability. This research is expected to help companies to improve the profitability of thecompany.

Keywords: ESOP, leverage, company size, profitabilitas

References

Budiman, A., & Wahidahwati. (2017). Pengaruh Harga Eksekusi Dan ESOP Terhadap Kinerja Perusahaan Dengan Moderasi Kepemilikan Manajerial. Jurnal Ilmu & Riset Akuntansi, Vol. 6.

Dewi, N. W. A. M., & Candradewi, M. R. (2018). Pengaruh Employee Stock Ownership Plan , Leverage , Dan Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan. Jurnal Manajemen Unud, 7(9), 4774–4802.

Dwiyanthi, N., & Sudiartha, G. (2017). Pengaruh Likuiditas dan Perputaran Modal Kerja terhadap Profitabilitas pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi. E-Jurnal Manajemen Universitas Udayana, 6(9), 4829–4856.

Haosana, Y., & Hatane, S. E. (2015). Peranan Employess Stock Ownership Program , Human Cost Efficiency Dan Total Asset. Business Accounting Review, 3(1), 456–465.

Hastuti, R. K. (2020). OJK Kembali Temukan 99 Investasi Bodong, Nih Daftarnya! CNBC Indonesia.

Hidayat, M., & Hairi, M. I. A. (2016). Pengaruh Perencanaan Pajak dan Modal Intelektual terhadap Nilai Perusahaan pada Perusahaan Jasa Keuangan yang Terdaftar di Bursa Efek Indoensia Periode 2009–2013. Jurnal Ilmiah Ekonomi Global Masa Kini, 7(2), 23-29.

Isbanah, Y. (2015). Pengaruh Esop, Leverage, and Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan Di Bursa Efek Indonesia. Jurnal Riset Ekonomi Dan Manajemen, 15(1), 28.

Istyawati, N., & Purwohandoko. (2019). Pengaruh Leverage, Likuiditas, Ukuran Perusahaan, Inflasi Dan Profitabilitas (Studi Pada Perusahaan Sektor Properti, Real Estate and Building Contruction Di Bursa Efek Indonesia). Ilmu Manajemen, 7, 668–676.

Jayani, D. H. (2020). Realisasi Investasi Indonesia 2019 Naik 48,4% dalam 5 Tahun. Databoks.Katadata.Co.Id.

Kartikasari, A. A. A. I., & Astika, I. B. P. (2015). Pengaruh Harga Eksekusi Dan Jumlah Opsi Saham Karyawan ( Esop ) Pada Kinerja Perusahaan Fakultas Ekonomi Dan Bisnis Universitas Udayana ( Unud ), Bali , Indonesia. E-Jurnal Akuntansi Universitas Udayana, 3, 698–712.

Meiriasari, V. (2017). Pengaruh Corporate Governance, Kepemilikan Keluarga, Kepemilikan Institusional dan Ukuran Perusahaan (Firm Size) terhadap Biaya Utang. Jurnal Ilmiah Ekonomi Global Masa Kini, 8(1), 28-34.

Pangestuti, C. D. A., & Oetomo, H. W. (2016). Pengaruh Perputaran Modal Kerja , Ukuran Perusahaan , Operating Leverage , Financial Leverage Terhadap Profitabilitas. Jurnal Ilmu Dan Riset Manajemen, 5(7), 1–18.

Patmawati, P. (2017). Pengaruhcorporate Social Responsibility Disclosure dan Good Corporate Governance terhadap Nilai Perusahaan dengan Kinerja Keuangan Sebagai Variabel Intervening. Jurnal Ilmiah Ekonomi Global Masa Kini, 8(1), 46-58.

Pebriani, R. A., Munandar, A., Veronica, M., & Meihazura, Y. (2020). Pengaruh Perputaran Piutang dan Perputaran Persediaan Terhadap Profitabilitas Pada Perusahaan Sub Sektor Perdagangan Eceran yang Terdaftar Di Bursa Efek Indonesia (Bei) Periode 2014-2018. Jurnal Keuangan Dan Bisnis, 18(1), 116.

Pratama, I. G. B. A., & Wiksuana, I. G. B. (2016). Pengaruh Leverage dan Ukuran Perusahaan terhadap Nilai Perusahaan Dengan Profitabilitas sebagai Variabel Mediasi. E-Jurnal Manajemen Universitas Udayana, 5(5), 1338–1367.

Pribadi, A. R. (2018). Rasio-Rasio Keuangan dalam Memprediksi Kecurangan. ULTIMA Accounting, 10(1), 66–76.

Purnamasari, E. D. (2017). Analisis Pengaruh Laverage terhadap Profitabilitas Perusahaan yang Termasuk LQ45 Periode Agustus 2015–Januari 2016 di Bursa Efek Indonesia. Jurnal Ilmiah Ekonomi Global Masa Kini, 8(1), 41-45.

Putra, A., & Badjra, I. (2015). Pengaruh Leverage, Pertumbuhan Penjualan Dan Ukuran Perusahaan Terhadap Profitabilitas. E-Jurnal Manajemen Universitas Udayana, 4(7), 249411.

Setyaningrum, A. N. (2016). Pengaruh ESOP terhadap Kualitas Implementasi Corporate Governance dan Kinerja Perusahaan. Jurnal Ilmiah Mahasiswa FEB, 1(1), 1–26.

Sugiyono, P. dr. (2017). Metode Penelitian Kuantitatif, Kualitatif, danRgD. Alfabeta cv.

Sukmayanti, N. W. P., & Triaryati, N. (2019). Pengaruh Struktur Modal, Likuiditas Dan Ukuran Perusahaan Terhadap Profitabilitas Pada Perusahaan Property Dan Real Estate. E-Jurnal Manajemen Universitas Udayana, 8(1), 7132–7162.

Supriadi, I. (2020). Metode Riset Akuntansi. deeppublish.

Surya, S., Ruliana, R., & Soetama, D. R. (2017). Pengaruh Perputaran Kas dan Perputaran Persediaan Terhadap Profitabilitas. Akuntabilitas, 10(2), 313–332.

Trianto, A. (2018). Analisis laporan keuangan sebagai alat untuk menilai kinerja keuangan perusahaan pada PT. Bukit Asam (Persero) Tbk Tanjung Enim. Jurnal Ilmiah Ekonomi Global Masa Kini, 8(3), 1-10

Wijayanti, R. (2016). Pengaruh Pengungkapan Sustainability Report Terhadap Kinerja Keuangan Perusahaan. National Institute Economic Review, 59(1), 4–21.

Yunita, N. A. (2018). Pengaruh Employee Stock Ownership (ESOP) terhadap Profitabiliras pada Perusahaan yang Terdaftar di Bursa Efek Indonesia. Jurnal Visioner & Strategis, 7(1), 23–30.

Downloads

Published

2021-07-02

How to Cite

Pebriani, R. A., & Sari, R. (2021). Faktor - Faktor yang Memengaruhi Profitabilitas pada Perusahaan Subsektor Investment Company di BEI Periode 2015 – 2019. Jurnal Ilmiah Ekonomi Global Masa Kini, 12(1), 21–30. https://doi.org/10.36982/jiegmk.v12i1.1288

Issue

Vol. 12 No. 1

Section

Articles

License

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

 

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.

 

LP2M Indo Global Mandiri University has the right to multiply and distribute the article and every author is not allowed to publish the same article that has been published in this journal.