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Journal : Jurnal Manajemen dan Profesional

PENGARUH RISIKO KEUANGAN DAN PERTUMBUHAN PENJUALAN TERHADAP PROFITABILITAS (SEBAGAI VARIABLE INTERVENING) DAN NILAI PERUSAHAAN FARMASI PERIODE 2020 -2022 Dewi, Mariana Puspa; Prasetyo, Irawan Budi
Jurnal Manajemen dan Profesional Vol. 4 No. 2 (2023): Jurnal JPro
Publisher : Program Studi Manajemen Institut Teknologi dan Bisnis Asia Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32815/jpro.v4i2.2055

Abstract

This study aims to determine the Effect of Financial Risk, Sales Growth on Profitability and Value of Pharmaceutical Companies of pharmaceutical companies in 2020 – 2022. The type of research conducted in this study is quantitative which aims to determine the relationship between independent and bound variables, in this study it is carried out to determine the effect of financial risk, sales growth on profitability as an intervening variable and company value. The source of data used in this study is secondary data in the form of financial statements of pharmaceutical companies listed on the Indonesia Stock Exchange from 2020 to 2022. To determine the effect of DAR and sales growth on profitability and company value using pricebook value, Debt to Asset Ratio, Sales Growth, and Return on Asset ratio. The results showed that DAR had a significant negative effect on profitability. This means that the smaller the DAR value, the greater the level of profitability achieved. Sales growth has no insignificant effect on profitability. That is, the level of sales growth is not the cause of the rise or fall of company profitability. The effect of DAR, Sales Growth and ROA on Company Value. DAR has no effect and is not significant on the Value of the Company. That is, investors look more at the prospects of the company than at the Financial Risk in this case the value of the Debt to Asset Ratio. Sales Growth has a positive and significant effect on Company Value.
PENGARUH SUSTAINABILITY REPORT TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL MODERASI Prasetyo, Irawan Budi
Jurnal Manajemen dan Profesional Vol. 5 No. 1 (2024): Jurnal JPro
Publisher : Program Studi Manajemen Institut Teknologi dan Bisnis Asia Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32815/jpro.v5i1.2219

Abstract

Abstrak Penelitian ini bertujuan untuk menganalisis pengaruh sustainability report terhadap nilai perusahaan dengan profitabilitas sebagai variabel moderasi. Sustainability report sebagai variabel independen nilai perusahaan sebagai variabel dependen dan profitabilitas sebagai variabel moderasi. Populasi dalam penelitian ini adalah perusahaan pertambangan sektor energi 2019-2021. Sampel yang diambil dengan teknik non probability sampling-puposive sampling, sehingga jumlah sampel dalam penelitian ini adalah 13 sampel. Hasil penelitian ini menunjukan bahwa variabel sustainability report berpengaruh terhadap nilai perusahaan, variabel profitabilitas berpengaruh terhadap nilai perusahaan dan variabel profitabilitas tidak mampu memoderasi pengaruh sistanaibility report terhadap nilai perusahaan. Kata Kunci: Sustainability report, nilai perusahaan, profitabilitas.