Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Vol. 6 No. 1 (2023): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan

Faktor-faktor yang mempengaruhi profitabilitas pada perusahaan sektor pertambangan yang terdaftar di Bursa Efek Indonesia tahun 2020-2022

Kurniawan, Aan (Unknown)
Maryono, Maryono (Unknown)



Article Info

Publish Date
30 Aug 2023

Abstract

The mining sector plays a vital role in stimulating economic growth across various nations, including Indonesia. According to data provided by the Ministry of ESDM, coal production saw a decline to 558 million tons in 2020 had repercussions on both the financial performance and net earnings of mining companies, consequently impacting their overall profitability. Therefore, this study seeks to investigate and analyze the factors that influence the profitability of mining sector firms listed on the Indonesia Stock Exchange (IDX) during the period from 2020 to 2022. The research use qantitative method. The sampling method adopted is purposive sampling. The analytical techniques encompass descriptive statistics, normality tests, multicollinearity tests, heteroscedasticity tests, autocorrelation tests, multiple linear regression analysis, coefficient of determination tests, F tests, and T tests, all conducted using SPSS 25 for Windows. The findings indicate that firm size and total asset turnover positively and significantly influence profitability, whereas leverage has a significant negative impact on profitability. Surprisingly, liquidity was found to have no significant effect on profitability. These results suggest that there is room for improvement in the management of company assets, highlighting the need for companies to focus on enhancing their asset management capabilities to foster sustained growth.

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Journal Info

Abbrev

fairvalue

Publisher

Subject

Economics, Econometrics & Finance

Description

The Aim of this Fair Value : jurnal Ilmiah Akuntansi dan Keuangan is the media for scientific studies resulting from research, thoughts and critical-analysis studies on accounting, financial, Cooperative and SMEs issues in Indonesia and southeast asia especially and also in the world. The intended ...