Pengaruh Struktur Modal Terhadap Profitabilitas (The Effect of Capital Structure on Profitability: A Literature Review)

Supiyadi, Dedi; Ramdhonah, Zahra; Fithriani, Merry

doi:10.2139/ssrn.3106140

Cited by 2 publications

(4 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Rionita and Abudanti (2018) also found that DER has a negative influence on ROE. Meanwhile, Supiyadi et al (2018) found that there is a positive influence between capital structure and profitability, while Ramadhani and Suwitho (2019) revealed that DAR and DER affect ROE. This research was conducted to examine the influence of DAR and DER on ROA and ROE in 12 sharia banks in Indonesia.…”

Section: Methodsmentioning

confidence: 99%

“…Although having preferred stock, paid-up capital accumulated retained earnings will be added by the shareholders. Keown et al (2005) state that capital structure is the mix of long-term sources of funds by banks (Supiyadi et al, 2018). The capital structure is described based on the structure of assets and debt, both short and long term, contained in each financial statement that is expected to benefit banks and shareholders.…”

Section: Capital Structurementioning

confidence: 99%

“…Previous research conducted by Supiyadi et al (2018) and Yunesti et al (2017) revealed that capital structure affects profitability. The better the level of the capital structure owned, the better the condition for the profitability obtained.…”

mentioning

confidence: 90%

See 2 more Smart Citations

Capital Structure and Its Implication on Profitability: An Empirical Study from Sharia Banks in Indonesia

Rahadian¹,

Ramandhini²

2021

BIRCI

View full text Add to dashboard Cite

Profitability is one of the business goals that need to be achieved to ensure sustainability, as well as a chance to expand. Capital structure is the subject of an interesting discussion in determining profitability. This study aims at examining the influence of capital structure on profitability in sharia banks in Indonesia in which the management of sharia banks is different from conventional banks. A capital structure used in this study comprises the Debt-to-Equity Ratio (DER) and Debt-to-Asset Ratio (DAR), while profitability comprises Return-on-Equity (ROE) and Return-on-Asset (ROA) in sharia banks in Indonesia for five years. The findings revealed that there was no significant influence between capital structure and profitability in sharia banks in Indonesia, both measured using DER, DAR on ROE, and ROA. This study implies that the findings are different from previous studies, but the results of the correlation coefficient show a negative direction. In other words, the higher the use of debt, the lower the profitability. The use of debt that is too high can reduce the level of profitability, and not produce assets at the optimal point. Therefore, the composition of debt in sharia banks needs special attention to increase the expected profit.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Capital Structurementioning

confidence: 99%

See 1 more Smart Citation

Capital Structure and Its Implication on Profitability: An Empirical Study from Sharia Banks in Indonesia

Rahadian¹,

Ramandhini²

2021

BIRCI

View full text Add to dashboard Cite

show abstract

“…Hasil penelitian ini bertentangan dengan penelitian (Turkson et al, 2013), (Abeywardhana, 2015), dan (Rahmawati & Mahfudz, 2018) yang menemukan bahwa struktur modal berpengaruh negatif terhadap profitabilitas. Namun, hasil penelitian ini sejalan dengan penelitian (Supiyadi et al, 2018), (Singh & Bagga, 2019), dan (Novita & Sofie, 2015) yang menyatakan bahwa struktur modal berpengaruh positif terhadap profitabilitas. Pengaruh positif struktur modal terhadap profitabilitas mengindikasikan perusahaan sudah menerapkan kebijakan struktur modal secara efektif dan efisien sehingga mampu meningkatkan kinerja penjualan.…”

Section: Pengaruh Struktur Modal Terhadap Profitabilitasunclassified

Pengaruh Kinerja Lingkungan, Struktur Modal, Dan Perputaran Modal Kerja Terhadap Profitabilitas Pada Perusahaan Sektor Pertambangan

2022

View full text Add to dashboard Cite

Profitability is an important factor related to financial decision making. The higher the profitability of the company, the greater the level of investor confidence in the company. This study aims to determine the effect of environmental performance, capital structure, and working capital turnover on profitability in mining sector companies on the Indonesia Stock Exchange with the 2016-2020 research period. The population is 47 companies with a sample of 16 companies determined using the purposive sampling method. The data analysis technique used multiple linear regression analysis. Data processing uses SPSS version 26. The test results show that environmental performance has no effect on profitability, while capital structure and working capital turnover have a positive effect on profitability. The coefficient of determination shows that the independent variable in explaining the dependent variable is only 13.5 percent, while 86.5 percent is influenced by other factors which is not examined in this study

show abstract

Pengaruh Struktur Modal Terhadap Profitabilitas (The Effect of Capital Structure on Profitability: A Literature Review)

Cited by 2 publications

References 0 publications

Capital Structure and Its Implication on Profitability: An Empirical Study from Sharia Banks in Indonesia

Capital Structure and Its Implication on Profitability: An Empirical Study from Sharia Banks in Indonesia

Pengaruh Kinerja Lingkungan, Struktur Modal, Dan Perputaran Modal Kerja Terhadap Profitabilitas Pada Perusahaan Sektor Pertambangan

Contact Info

Product

Resources

About