Anteseden return on equity dengan kepemilikan institusional sebagai variabel moderating

Studi di Bursa Efek Indonesia

  • Sukma Lesmana Program Studi Akuntansi, Universitas Muhammadiyah Sumatera Utara
  • Dody Firman Program Studi Manajemen, Universitas Muhammadiyah Sumatera Utara

Abstract

This study aims is to analyze the partial and the simultaneous influence of the current ratio, debt to equity ratio, total asset turnover and inventory turnover to return on equity in the retail trading company in Indonesia. In addition, this study also aims to analyze the effect of institutional ownership in moderating the relationship between current ratio, debt to equity ratio, total asset turnover and inventory turnover with return on equity of the retail trading company in Indonesia. The type of this research is quantitative, especially for analyzing associative issues. The source of this research data was taken from the retail trading companies listed on the Indonesia Stock Exchange for the period 2010-2014. The study sample consisted of 11 retail trading companies. In this research, the data analysis technique was using multiple linear regression.Result of the research shows that partially current ratio, debt to equity ratio, and total asset turnover do not have significant effect to return on equity, while inventory turnover has significant effect on return on equity. Simultaneously, current ratio, debt to equity ratio, total asset turnover inventory turnover and institutional ownership have no significant effect on return on equity. Institutional ownership does not affect the relationship between current ratio, debt to equity ratio, total asset turnover and inventory turnover on return on equity and institutional ownership is not moderating variable.
Keywords: Current ratio, Debt equity ratio, Total asset turnover, Inventory turnover, Return on equity, Institutional ownership.


10.5281/zenodo.1048964

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Published
2017-08-07
How to Cite
LESMANA, Sukma; FIRMAN, Dody. Anteseden return on equity dengan kepemilikan institusional sebagai variabel moderating. Jurnal Riset Finansial Bisnis, [S.l.], v. 1, n. 1, p. 51-64, aug. 2017. ISSN 2597-3991. Available at: <http://ejurnal.id/index.php/jrfb/article/view/61>. Date accessed: 25 oct. 2020.
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Articles