1
DETERMINAN PROFITABILITAS: ANALISIS EMPIRIS
PADA PERUSAHAAN-PERUSAHAAN MANUFAKTUR DI INDONESIA
Telah Diterbitkan di Jurnal
Ilmiah Sosial “
Caritas pro Serviam
”
,
Edisi XXXV, November 2017, Halaman 1
–
16
Indri Erkaningrum F.
Staf Pengajar Program Studi Manajemen Perusahaan
ASMI Santa Maria Yogyakarta
The company’s ability to result in profit will influence the company’s capital structure. This
research aims at verifying empirically factors influencing profitability. The data used are 1,320 of
88 manufacturing companies issuing complete financial statements in Indonesia Capital Market
Directory starting from the year of 2000 up to 2014. The analysis result of the period of the year of
2000 up to 2004 shows that investment, size, and liquidity influence positively toward profitability;
debt and structure of assets influence negatively toward profitability; bussiness risk, dividend, sales
growth, variability of earnings and q ratio do not infence profitability. The analysis result of the
period of 2005 up to 2009 shows that dividend, sales of growth, size, liquidity, and q ratio influence
positively toward profitability; debt, business risk, and structure of assets influence negatively
toward profitability; investment, and variability of earnings do not influence profitability. Analysis
result of the period of the year of 2010 up to 2014 shows that size and q ratio influence positively
toward profitability; debt and structure of assets influence negatively toward profitability;
investment, business risk, dividend, sales growth, variability of earnings, and liquidity do not
influence profitability. Analysis result of the period of the year of 2000 up to 2014 shows that
investment, sales growth, size, and q ratio influence positively toward profitability; debt, business
risk, and structure of assets influence negatively toward profitability; dividend, variability of
earnings, and liquidity do not influence profitability.
Keywords:
