ANALISIS PENGARUH EFISIENSI MODAL KERJA, LIKUIDITAS, DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN PERIODE 2011 – 2014.

Suwarno, Suwarno (2019) ANALISIS PENGARUH EFISIENSI MODAL KERJA, LIKUIDITAS, DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN PERIODE 2011 – 2014. SKRIPSI.

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Abstract

An indicator of the presence of a good working capital management is the working capital efficiency. The shorter the period the working capital turnover, the faster the cycle all its working capital turnover so that the higher the company more efficient and ultimately profitability increase. In the determination of an efficient working capital policy, the company faced the problem of the existence of the Exchange (trade off) between liquidity and profitability factor. In addition the company also faced problems on the issue of determining the source of the funds. If the company uses more debt than capital solvency level yourself then be decreased because interest expenses to be borne also will increase. Problems in the research is does influence the efficiency of working capital, liquidity and solvency against profitability. The purpose of this research is to analyze the effect of working capital efficiency, liquidity and solvency against profitability at a transportation company that is already registered in BEI-year period 2011-2014 and the extent of its influence. The population in this research is the entire transportation company registered in BEI-year period 2011-2014 as many as 28 of the company and become the sample is as much as 18 companies. There are four variables examined in the study. working capital efficiency, liquidity, solvency and profitability as a free variable as variable. Data collection tool used is the documentation and study of the literature. The data obtained were analyzed using descriptive percentage, classic assumption test by using a test multicollinearity test heterocedastisity test, autocorrelation, normality test and analysis of multiple regression, hypothesis testing using t-test and coefficient of determination. Results of multiple regression analysis indicate the equation persamaan Y = -0.031 – 0.923 X1 + 0.107 X2 + 0.078 X3 + e. The t-test results of tcount -23.498 for working capital efficiency, tcount amounted to 2.862 for liquidity, tcount 1.942 for solvency, while the coefficient of determination get results of 0.906 meaning 90.6% profitability of transport company registered in BEI-year period 2011-2014 in influence by working capital efficiency, liquidity and solvency, whereas the remaining 8.4% are influenced by variables other than the variables in the study. Conclusion of this research is the working capital efficiency effect negatively and significant to the profitability of -0.923, liquidity effect is positive and significant to the profitability of 0.107 and solvency effect is positive and not significant to the profitability of 0.078. Keywords: Working Capital Efficiency, Liquidity, Solvency, Profitability

Item Type: Article
Additional Information: 1301.12.101
Subjects: Transportasi
Divisions: Program Studi > S1-Transportasi
Depositing User: AMNI Perpustakaan Semarang
Date Deposited: 20 Jan 2020 02:08
Last Modified: 20 Jan 2020 02:08
URI: http://repository.stimart-amni.ac.id/id/eprint/466

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