The influence of ROA and Sales Growth on Firm Size
Article Sidebar
Main Article Content
Abstract
The Industrial Revolution is a time when human work in various fields began to be replaced by machines. This study wants to examine how the effect of Return of Assets and Sales growth on firm size. The population in this study were 263 companies. And observations were made in accordance with the criteria and found a total sample of 40 companies. The data analysis method used in this research is Regression. The results are 1) Return on Assets has a negative effect on financial distress 2) Sales Growth has a negative effect on financial distress is rejected.
Article Details
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
References
M. Ningsih, “Pengaruh Perkembangan Revolusi Industri 4.0 Dalam Dunia Teknologi Di Indonesia,” Jurnal OSF Home, 2020.
Kemenkeu.go.id, “Pengaruh Covid-19 Atas Kondisi Sosial Ekonomi Global 2020,” Kemenkeu.go.id.
Cnn indonesia, “Revolusi Industri 4.0, Sektor Ritel Berpotensi PHK Karyawan.”
F. D. Sitorus, F. Hernandy, W. Triskietanto, A. Angela, and V. Vanessa, “Pengaruh Likuiditas, Leverage, Profitabilitas dan Ukuran Perusahaan terhadap financial distress pada Perusahaan Barang Konsumsi yang Terdaftar di BEI Tahun 2016-2020.,” engaruh Likuiditas, Leverage, Profitabilitas dan Ukuran Perusahaan terhadap financial distress pada Perusahaan Barang Konsumsi yang Terdaftar di BEI Tahun 2016-2020, 2022.
A. L. Ramadhani and K. Nisa, “Pengaruh Operating Capacity, Sales Growth Dan Arus Kas Operasi Terhadap Financial Distress,” Jurnal riset keuangan dan akutansi, 2019.
R. D. Handayani, A. Widiasmara, and N. Amah, “Pengaruh Operating Capacity Dan Sales Growth Terhadap Financial Distress Dengan Profitabilitas Sebagai Variabel Moderating,” Simba: Seminar inovasi, manajemen, bisnis dan akutansi, 2019.
R. Rismawanti, E. Sukarmanto, and Nurhayati, “Pengaruh likuiditas, Sales growth, dan Leverage dalam memprediksi Kondisi Financial Distress,” Karya ilmiah unisba, 2017.
E. Z. Nursal and G. T. Murti, “Effect of Financial Ratios, Macroeconomics, also Corporate Governance on Financial Distress,” Asean International Journal of Business, 2023.
K. Digdowiseiso and I. S. Ningrum, “The Effects of Total Asset Turnover, Return on Assets, And Sales Growth on Financial Distress in Food and Beverage Companies over the Period 2016-2020,” Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 2022.
S. Mujiani and W. Jum’atul, “Ukuran Perusahaan Sebagai Pemoderasi Faktor-Faktor Yang Mempengaruhi Financial Distress.,” Akrual Jurnal Akuntansi Dan Keuangan, vol. 2.
D. Sunaryo, “Pengaruh Rasio Likuiditas, Aktivitas Dan Profitabilitas Terhadap Return Saham Sub Sektor Perbankkan Bumn Di Bursa Efek Indonesia (Bei) Periode 2010-2018,” Banque Syar’i: Jurnal llmiah Perbankan Syariah, 2020.
C. Choiriyah, F. Fatimah, S. Agustina, and U. Ulfa, “The Effect Of return on assets, Return on Equity, Net Profit Margin, Earning Per Share, And Operating Profit Margin on Stock Prices of Banking Companies in Indonesia Stock Exchange.,” International Journal of Finance Research, 2021.
M. Irman and A. A. Purwati, “Analysis on The Influence Of current ratio, Debt to Equity Ratio and Total Asset Turnover Toward return on assets On the Otomotive and Component Company That Has Been Registered In Indonesia Stock Exchange Within 2011-2017.,” International Journal of Economics Development Research (IJEDR), 2020.
E. Elviana and Hapzi Ali, “Determination of financial distress and Stock Prices: The Effect of Financial Performance and sales growth (Financial Management Review Literature).,” Dinasti International Journal of Economics, Finance & Accounting, 2022.
F. Astiasari and Mursal, “Pengaruh Pertumbuhan Penjualan, Struktur Modal Dan Kinerja Keuangan Terhadap Harga Saham Pada Perusahaan Manufaktur Subsektor Kimia Yang Terdaftar Pada Bursa Efek Indonesia Tahun 2017-2021,” Zona Keuangan: Program Studi Akuntansi, 2023.
C. D. Farhana, G. Putu, and I. Suwendra, “The Effect of Inventory Turnover and Sales Growth on Profitability at PT Ambara Madya Sejati in Singaraja in 2012-2014.,” E-Journal Bisma Ganesha University of Education.
N. Sayari and C. S. Mugan, “Industry Specific Financial Distress Modeling,” BRQ Business Research Quarterly, 2017.
D. V. Kolamban, S. Murni, and D. N. Baramuli, “Analisis Pengaruh Leverage, Profitabilitas Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Industri Perbankan Yang Terdaftar Di Bei,” Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 2020.
V. Sujarweni, Akuntansi Biaya. Yogyakarta: Pustaka Baru Press, 2015.
Sugiyono, Metode Penelitian Kuantitatif, Kualitatif dan R&D, 24th ed. Bandung: Alfabeta, 2016.
A. T. Basuki and N. Prawoto, Analisis Regresi Dalam Penelitian Ekonomi dan Bisnis. Depok. Depok: PT. Rajagrafindo Persada, 2017.
I. Ghozali, Aplikasi Analisis Multivariete Dengan Program IBM SPSS 23. Semarang: Badan Penerbit Universitas Diponegoro.
V. A. Ratnasari, “Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Moderasi: Kasus Pada Perusahaan Pertambangan Di Indonesia,” 2021.
L. Africa, “Determination of Bankometer and RGEC Models to Predict financial distress on Sharia Banks in Indonesia. ,” Proceedings of the Proceedings of the 1st International Conference on Business, Law And Pedagogy, ICBL, 2019.
T. N. Sari and P. Setyaningsih, “Analisis Financial Distress Dan Financial Performance Sebelum Dan Selama Pandemi Covid-19 Pada Perusahaan Manufaktur,” Jurnal Riset Akuntansi Mercu Buana (JRAMB), 2022.
P. D. Wahyuni, “Determinants Of Financial Distress Prediction Using Springate Model: Based On Gcg And Financial Indicators.,” 2021.
financial distress Indications in Mining Sector Companies in LQ45 in Indonesia, “Yudawisastra, H. G.,” 2020.
E. U. Hassan, E. Y. Uwais, R. Birau, and L. Paliu Popa, “Anticipating financial distress in monster sectors of Pakistan’s economy: an application of logit.,” Industria Textila., 2021.