PENGARUH STRUKTUR MODAL TERHADAP RETURN ON INVESMENT (ROI) DAN RETURN ON EQUITY (ROE) PADA PERUSAHAAN TEKSTIL YANG GO PUBLIC DI BURSA EFEK JAKARTA

Dwi Marlia Ulfa

Abstract


On The financial management theory, one of the manner is used for measure performance of enterprise financial with use profitability analysis, namely ROI and ROE. ROI is consider as measurement tool to measure efficiency of enterprise in located and benefit capital resource which owned it. While ROE is a ratio to measure income level that accepted by enterprise owner. So, both of this ratio can be made as yardstick to assessing true or wrong of condition a enterprise. Enterprise activity to get profitability more affected by many factor that come from out or in enterprise. To get the goal particularly in to get goal of enterprise of long-range or short-range is affected how manager decide infestation decision, decision of defrayal and decision of dividen. This Decision of defrayal relate with decision about capital structure. Because related about decision of proportion or compare among debt with a private capital. So all of it the mistake act of determining capital structure will be resulted to profitability of enterprise about long-range or short-range. Base of this study, so writer try to apply in this thesis with title “Influence of capital structure to ROI and ROE” to textile enterprise which go public.
The goal of this study to know whatever capital structure have significant influence to ROI and ROE and to know which variable that influence most dominant by capital structure in textile enterprise which go public.
In this study, writer use two hypothesis namely that capital structure have a significant influence to changing of ROI and ROE and capital structure is influence most dominant to ROI than ROE.
Data Analysis technique which is used in this study a simple linier regression analysis and hypothesis analysis (t analysis). In this analysis use helpful of computer program to analyze the statistic with SPSS.
Base of the result of study is obtained if capital structure is not influence significantly to ROI. It knows because value t count (0.467) < t table (1.692). While for ROE capital structure have influence, because value of t count (4.689) > t table (1.692).
Base of the result above, so it can summary that modal structure do not have insignificant influence to ROI. But capital structure have significant influence to ROE. And both variable, ROE is variable which influenced more dominant by capital structure.

 


Keyword : struktur modal; ROI; ROE

 

Link Terkait : http://skripsi.umm.ac.id/files/disk1/25/jiptummpp-gdl-s1-2004-dwimarliau-1207-Pendahul-n.pdf


Keywords


struktur modal; ROI; ROE