Hubungan Current Ratio, Struktur Modal, dan Ukuran Perusahaan terhadap Kinerja Keuangan Perusahaan Pertambangan yang Terdaftar di BEI Periode 2014-2016

Abstract

<em>This study aims to find out and to analyze the Current Ratio, Capital Structure, and Corporate Size partially affect the Financial Performance of Mining Companies listed on the Indonesian Stock Exchange (BEI) in the period 2014-2016. The sample used is 120 financial statements of mining companies listed in BEI. The method used in sampling is purposive sampling. Data is collected by downloading, recording, researching, and copying information relating to the issues discussed in the study. Data analysis using descriptive statistics, classical assumption test, and multiple linear regression analysis, t-test, and coefficient of determination (R<sup>2</sup>). The results of this study indicate that current ratio and the size of the company does not affect on financial performance of mining companies on BEI in the 2014-2016, while the capital structure has a significant effect on the financial performance of mining companies on the company’s financial performance.</em>

Analysis of Factors Affecting Financial Performance of Property and Real Estate Companies Listed on the Indonesia Stock Exchange

“…Capital structure increases company profits, which in turn increases owner's wealth, and enhances good relations with creditors by increasing company wealth. This research is in line with the research of [2], [3] and [6] which suggest that capital structure significantly influences company performance. However, it is in contrast to [4] which show that capital structure does not significantly affect financial performance.…”

“…Researchers proves that Firm Size has a significant effect on company performance [5], [6]. However, this is in contrast to research by [2], [7], [4] and [8] which prove that Firm Size does not affect company performance . The last factor that is thought to affect financial performance is total asset turnover.…”

“…The capital structure proxied by Debt to Equity can boost the company's profits and the shareholders will also earn profits. Some researchers provide evidence that capital structure has a significant effect on company performance [2], [3]. However, in contrast to research by [4] shows that capital structure has no significant effect on financial performance.…”

Good Corporate Governance and Leverage of Financial Performance: Literatur Review

“…Financial performance is a description of financial condition of a company in certain period that obtained as the result of the management's skill to maximize the resource that owned by a company. According to [1] financial performance of a corporation is a description about financial condition in a company which analyzed by financial analysis tools, so that the financial condition of that company that reflecting the work performance in certain period can be known. According to Setiawan financial performance is determination that can measured the success of an organization or company in making profit [15].…”

“…INANCIAL performance of a corporation is a description about financial condition in a company which analyzed by financial analysis tools, so that the financial condition of that company that reflecting the work performance in certain period can be known [1]. Assessment to financial performance in a company is a one of many ways that conducted by the management to be responsible to company resource usage to the stockholder and investor.…”