Pengaruh pertumbuhan perusahaan dan pertumbuhan penjualan terhadap return on assets

Studi kasus pada PT. Indofood CBP Sukses Makmur Tbk di Bursa Efek Indonesia, 2016-2023

Authors

  • Lia Alfitria Department of Accounting STIE PASIM Sukabumi, West Java, Indonesia
  • Raden Rijanto Department of Management STIE PASIM Sukabumi, West Java, Indonesia https://orcid.org/0000-0001-6424-3181

Keywords:

firm growth, sales growth, return on assets

Abstract

This study aims to determine the effect of firm growth (FG) and sales growth (SG) on return on assets (ROA). Case study at PT. Indofood CBP Sukses Makmur Tbk which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach based on ex post facto, secondary data sources as the main data with a ratio data scale. The unit of analysis is the company's financial statements for eight reporting periods from 2016-2023, which are analyzed in 32 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis methods used with classical assumption tests, correlation tests, calculation and analysis of determination coefficient models, and multiple linear regression model tests, as well as hypothesis tests by applying t-tests and F-tests, using MS. Excel and SPSS v.26 applications. The findings show that FG with ROA have a very weak correlation, but show a linear relationship between the two. Meanwhile, SG does not show a linear relationship with ROA, where if there is a change, the two are on different paths. FG and SG simultaneously have a moderate correlation with ROA. However, the FG and SG had no effect on ROA, either partially or simultaneously. Where, the variance of ROA as small can be explained by the FG and SG at the same time. Therefore, the results of this study conclude that FG and SG have very weak prediction ability on ROA and there is no effect of both on ROA.

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Published

15-09-2024

How to Cite

Alfitria, L., & Rijanto, R. (2024). Pengaruh pertumbuhan perusahaan dan pertumbuhan penjualan terhadap return on assets: Studi kasus pada PT. Indofood CBP Sukses Makmur Tbk di Bursa Efek Indonesia, 2016-2023. Jurnal Ekonomi, Manajemen Dan Akuntansi, 2(05), 917–928. Retrieved from https://ip2i.org/jip/index.php/ema/article/view/185

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