ANALISIS PENGARUH PROFITABILITAS INDUSTRI, RASIO LEVERAGE KEUANGAN TERTIMBANG, RASIO INTENSITAS MODAL TERTIMBANG DAN PANGSA PASAR TERHADAP ROA DAN ROE PERUSAHAAN MANUFAKTUR YANG GO-PUBLIC DI INDONESIA

Authors

  • Tiyas Maya Listyawati
  • Hani Sirine

DOI:

https://doi.org/10.31942/akses.v2i3.497

Abstract

This research investigates four proxies of competitive ratio that being influence to the company profitability. These proxies are industry profitability, weighted leverage, weighted capital intensiveness, and market share. The sample employed in the present study consist of the 54 firm, which have been listed at Jakarta Stock Exchange since 1999. The annual financial report data employed spans the years 1999-2004. The z test is used to test hypothesis.
Research findings show that, first industry profitability, weigted leverage, and capital intensiveness are statistically significant to influence return on asset. Second, industry profitability and weighted capital intensiveness are statistically significant to influence return on equity. Third, regression model of ROA has R2 higher than regression model of ROE. This result indicates that ROA model is more robust than ROE model.
Keywords:  Return on asset, return on equity, industry ratio.

Downloads

Published

2007-04-15

Issue

Vol. 2 No. 3 (2007)

Section

Articles

License

Authors who publish with this journal agree to the following terms: Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access). Open Access Policy