Jurnal Manajemen dan Bisnis
Vol 10 No 1 (2021): JURNAL MANAJEMEN DAN BISNIS (TERBIT JUNI 2021)

DEBT TO TOTAL ASSET RATIO, DEBT TO EQUITY RATIO, AND COMPANY’S VALUE WITH ROA AS MEDITATION

Evi Maria (STIE Malangkucecwara)
Lidia Andiani (STIE Malangkucecwara)

Article Info

Publish Date
30 Jun 2021

Abstract

This study analyzes the effect of debt to asset ratio (DAR) and debt to equity ratio (DER) with price earning ratio (PER) and profitability as measured by return on assets (ROA) as the mediating variable. The research was conducted in mining sector companies on the Indonesia Stock Exchange (BEI) with a population of 50 companies. Sampling was done by using purposive sampling method, which takes into account the availability of data during the observation period, namely 2016 - 2019, so 19 companies were selected. The collected data were analyzed using eviews 10. The results of the analysis show that DER has no direct effect on ROA, DAR has a significant and negative effect on ROA, so that increasing DAR will reduce ROA. DAR and DER do not directly affect PER. ROA directly has a positive and significant effect on PER. ROA is not proven to be a variable that mediates the effect between DER, DAR and PER

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Journal Info
Jurnal Manajemen dan Bisnis
Website

Abbrev

jmbi

Publisher

Sekolah Tinggi Ilmu Ekonomi Indragiri

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Manajemen dan Bisnis dimaksudkan sebagai jurnal untuk menerbitkan artikel tentang manajemen dan bisnis. Jurnal Manajemen dan Bisnis menerima manuskrip dalam berbagai topik yakni : Manajemen keuangan, manajemen sumber daya manusia, manajemen pemasaran, manajemen pembangunan daerah, manajemen ...