Jurnal Keuangan dan Perbankan
Vol 18, No 1 (2014): January 2014

UTANG DAN PENGARUHNYA TERHADAP KINERJA PERUSAHAAN

Ediningsih, Sri Isworo (Unknown)
Nilmawati, Nilmawati (- )
Sukendro, Joko (- )



Article Info

Publish Date
17 Mar 2017

Abstract

The purpose of this paper was to investigate the influence of debt on profitability of firms listed on Indonesian Stock Exchange. Multiple regression analysis was used in the study in estimating the relationship between debt and firm performance. This study also used three of accounting-based measures and one of market-based measure of financial performance i.e. return on equity (ROE), return on assets (ROA),  gross profit margin (GPM), and Tobin’s Q). Based on a sample of non-financial Indonesian firms listed from 2006 to 2010 the results revealed that debt had a negative impact on firm’s performance. The result showed that industry of Hotel and Travel, and Construction was susceptible to use debt.

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