Determinan Profitabilitas Perusahaan Pertambangan Pada Indeks Saham Syariah Indonesia

Abstract

This study aims to assess the effect of firm size, liquidity, leverage efficiency, and working capital turnover on firm profitability. The study population is mining companies listed on the Indonesian Islamic Stock Index (ISSI) from 2016 to 2020. The total sample is 12 companies selected through the purposive sampling method. This study uses secondary data by collecting documentation data through the Indonesia Stock Exchange (IDX) website. The technique used is panel data regression. The study results show that the company's efficiency and size have a positive and significant effect on profitability. However, working capital turnover has a negative and significant effect on profitability. Meanwhile, liquidity and leverage have no significant effect on profitability. This study can complement existing studies and become a reference for investors and companies in determining the company size, capital turnover, and company efficiency in making investment decisions.

Performance of Indonesia's Sharia Capital Market for the 2022 Period

“…At the launch, there was a Talkshow related to the 25 years of running of the Indonesian Sharia capital market, whose content of discussion contained several aspects, starting from the history of regulations and fatwas in the Sharia capital market. The activity also invited several important figures who contributed to the history of the Islamic capital market sector (Maulana et al, 2022).…”

“…So, there is a sale and purchase transaction in the capital market, like the goods market in general (Fathurrahman & Widiastuti, 2021). On the other hand, the capital market is also a component in advancing the country's economy (Maulana et al, 2022). The capital market facilitates meetings between funders and those who need funds for investment concepts (Nasyatia & Arif, 2019).…”

Determinan Nilai Perusahaan pada Sektor Perusahaan Properti dan Real Estate di Indeks Saham Syariah Indonesia

“…Sehingga kualitas dari audit sangat diperlukan untuk merawat kekayaan perusahaan dan membuat nilai perusahaan menjadi lebih baik. Selain itu terdapat agency conflict dikarenakan sulitnya pemilik perusahaan untuk memilih agen yang akan memaksimalkan keuntungan pemiliki perusahaan(Maulana, Mahendra, & Purnama, 2022).…”