Study of Return on Assets in Indonesia Stock Exchange
Journal Title: Saudi Journal of Humanities and Social Sciences - Year 2018, Vol 3, Issue 3
Abstract
Abstract:This study aims to determine the effect of debt ratio (DR), current ratio (CR), and working capital turnover (WCT) on return on assets (ROA) at companies listed on Indonesia Stock Exchange tourism, hotels and restaurants sector period of 2012-2016. Sample selection in this study using purposive sampling method and got 6 companies which are suitable with the criteria. The research data is obtained from Indonesia Stock Exchange. The method used in this research is panel data regression analysis and it is found that the more appropriate model used is random effect. From the result of research got the value of adjusted R-Square equal to 9.13%. It indicated that current ratio variable has significant positive effect on return on assets (ROA) with regression coefficient equal to 0,0286. However, the variable debt ratio (DR) has insignificant negative effect on return on assets (ROA) with the regression coefficient of 0,6852 and working capital turnover (WCT) variable does not positively influence dividend policy with the regression coefficient of 0,6768. Keywords: debt ratio, current ratio, debt ratio, returns on assets, working capital turnover.
Authors and Affiliations
Dewi Nusraningrum, Eka Suwesti
Keywords
Related Articles
- EP ID EP400642
- DOI -
- Views 165
- Downloads 0
The Dynamics between Tacit and Explicit Knowledge in Mauritian Business using Knowledge Creation Taxonomy
Abstract: This research paper analyses the impact of knowledge creation process on Mauritian business from a case study perspective. The knowledge creation process is a dynamic one since it comes from diverse areas. Fi...
Understanding Traditional Justice System through Institution of Kotoki among the Nyishi Tribe of Arunachal Pradesh India
Abstract:This paper considers how the kotoki (political Interpreter) adopted by the Ahoms kings and later adopted by the British to deal with the various hill tribes of Arunachal Pradesh became one of the important eleme...
A Priests’ Chant: Healing Traditions amongst the Galo tribe, Arunachal Pradesh, India
Abstract: The main practitioner of indigenous healing and cure depends from culture to culture. Among most of the tribes of Arunachal Pradesh, the shaman/priest is the main functionary. The priest is the centre of indige...
Issues Related to Body Image in Young Adult Women
Abstract:Body image is what an individual perceives of his or her body and the mental schemas that one forms with respect to their body and may or may not bear resemblance to reality. The four elements to a body image ar...
Managerial Competence of Madrasah Principals in Improving Quality Management of State Madrasah Aliyah Post Tsunami Aceh
The incident before tsunami there are several different madrasah management with madrasah today including: first the madrasah is still an improvement in education less meet the needs of each madrasah. Both centralized ma...