i ABSTRAK
Penelitian ini bertujuan untuk menganalisis pengaruh Rasio likuiditas (CSR, CR, ATR, CTO), Rasio profitabilitas (ROA, ROE, NPM, GPM), Rasio aktivitas (TATO, WCTO, FATO, ITO, RTO) dan Rasio solvabilitas (TDER, TDAR, TIER) terhadap Perubahan Laba baik secara simultan maupun parsial. Menganalisis pengaruh Rasio likuiditas (CSR, CR, ATR, CTO), Rasio profitabilitas (ROA, ROE, NPM, GPM), Rasio aktivitas (TATO, WCTO, FATO, ITO, RTO) dan Rasio solvabilitas (TDER, TDAR, TIER) terhadap Perubahan Laba melalui Earnings Management. Objek penelitian ini adalah seluruh perusahaan consumer goods yang terdaftar di Bursa Efek Indonesia tahun 2011-2015 sebanyak 37 perusahaan. Sampel dipilih dengan menggunakan metode survey yaitu 27 perusahaan. Sumber data berasal dari situs resmi Bursa Efek Indonesia yaitu Metode analisis yang digunakan adalah uji faktor, analisis regresi linier berganda dan analisis jalur. Hasil penelitian ini menunjukkan bahwa secara simultan menunjukkan bahwa Rasio Likuiditas (CR, CSR, CTO), Rasio Profitabilitas (ROA, GPM), Rasio Aktivitas (TATO, WCTO, FATO, ITO, RTO) dan Rasio Solvabilitas (TDER, TIER) berpengaruh signifikan terhadap Perubahan Laba pada perusahaan consumer goods. Secara parsial menunjukkan bahwa variabel CR, CTO, GPM, WCTO, ITO dan DER tidak berpengaruh terhadap perubahan laba pada perusahaan consumer goods. Variabel CSR, TATO, RTO dan TIER berpengaruh negatif dan signifikan terhadap perubahan laba pada perusahaan consumer goods. Variabel ROA dan FATO berpengaruh positif dan signifikan terhadap perubahan laba pada perusahaan consumer goods. Earnings Management merupakan variabel intervening pada hubungan Rasio Likuiditas (CR, CSR, CTO), Rasio Aktivitas (TATO, WCTO, FATO, ITO, RTO) dan Rasio Solvabilitas (TDER, TIER) terhadap Perubahan Laba Pada Perusahaan Consumer Goods, namun Earnings Management bukan merupakan variabel intervening pada hubungan Rasio Profitabilitas (ROA, GPM) terhadap Perubahan Laba Pada Perusahaan Consumer Goods.
Kata Kunci : Rasio Likuiditas, Rasio Profitabilitas, Rasio Aktivitas, Rasio Solvabilitas, Earnings Management dan Perubahan Laba
ii ABSTRACT
This study aims to analyze the effect of liquidity ratio (CSR, CR, ATR, CTO), Profitability ratios (ROA, ROE, NPM, GPM), Activity ratio (TATO, WCTO, FATO, ITO, RTO) and the solvency ratio ( TDER, TDAR, TIER) to Change Profit either simultaneously or partially. Analyze the effect of liquidity ratio (CSR, CR, ATR, CTO), Profitability ratios (ROA, ROE, NPM, GPM), Activity ratio (TATO, WCTO, FATO, ITO, RTO) and the solvency ratio (TDER, TDAR, TIER) to Change Profit through Earnings Management. The object of research is all consumer goods companies listed in Indonesia Stock Exchange in 2011-2015 as many as 37 companies. Samples were selected using survey methods at 27 companies. Source of data derived from the official website of Indonesia Stock Exchange is www.idx.co.id. The analytical method used is a factor test, multiple regression analysis and path analysis. The results of this study indicate that simultaneously shows that the liquidity ratio (CR, CSR, CTO), Profitability ratios (ROA, GPM), Activity Ratio (TATO, WCTO, FATO, ITO, RTO) and Solvency Ratio (TDER, TIER ) significantly affects Earnings Changes in consumer goods company. Partially show that variable CR, CTO, GPM, WCTO, ITO and the DER has no effect on changes in earnings on consumer goods company. Variable CSR, TATO, RTO and TIER significantly and negatively related to changes in earnings on consumer goods company. Variable ROA and FATO positive and significant impact on changes in earnings on consumer goods company. Earnings Management is an intervening variable in the relationship Liquidity Ratio (CR, CSR, CTO), Activity Ratio (TATO, WCTO, FATO, ITO, RTO) and Solvency Ratio (TDER, TIER) to Change Profit In Company Consumer Goods, but Earnings Management is not an intervening variable in the relationship Profitability ratios (ROA, GPM) of the Income Changes in Consumer Goods Company.
Keywords : Liquidity Ratios, Profitability Ratios, Activity Ratios, Solvency Ratio, Earnings Management and The change in earnings
