Capital Expenditure dan Leverage terhadap Kinerja Keuangan

  • Muhammad Andhika Mahendra Universitas Pembangunan Nasional “Veteran” Jawa Timur
  • Endah Susilowati Universitas Pembangunan Nasional “Veteran” Jawa Timur

Abstract

This study aims to analyze the effect of capital expenditure and leverage on financial performance. This study applies quantitative research methods and multiple linear regression analysis as the data analysis technique. This study has 84 research samples with research objects in the oil and gas and mineral and coal sub-sector companies listed on the IDX in 2018-2020. The results of the study show that capital expenditure and leverage factors can significantly influence the financial performance of oil and gas and mineral and coal sub-sector companies listed on the IDX in 2018-2020. In conclusion, capital expenditure contributes to financial performance by becoming a fixed asset investment decision that is able to drive the company's operations so that the management of the company's assets is improved. Leverage also contributes to financial performance by being a source of funding to increase and meet the investment, asset and operational needs of the company.

Keywords: Capital Expenditure, Financial Performance, Leverage, Profitability

References

Azis, A., & Hartono, U. (2017). Pengaruh Good Corporate Governance, Struktur Modal, dan Leverage terhadap Kinerja Keuangan Perusahaan pada Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2015. Jurnal lmu Manajemen, 5(3), 1-13. https://ejournal.unesa.ac.id/index.php/jim/article/view/20396

Brigham, & Houston. (2006). Fundamentals of Financial Management, (10th ed.). Jakarta: Salemba Empat

Dewi, N. W. A. M., & Candradewi, M. R. (2018). Pengaruh Employee Stock Ownership Plan, Leverage, dan Ukuran Perusahaan terhadap Kinerja Keuangan Perusahaan. E-Jurnal Manajemen Unud, 7(9), 4774-4802. https://doi.org/10.24843/EJMUNUD.2018.v07.i09.p06

Djamaluddin, R. (2020). Laporan Kinerja Direktorat Jenderal Mineral dan Batubara Kementrian ESDM RI Tahun 2020. https://www.esdm.go.id/assets/media/content/content-laporan-kinerja-ditjen-minerba-2020.pdf

Fadhilah, A. (2012). Pengaruh Struktur Modal terhadap Kinerja Keuangan Perusahaan: Studi Kasus pada Perusahaan Sektor Pertambangan di Bursa Efek Indonesia Periode 2005-2011. Kajian Ekonomi dan Keuangan, 16(1), 1-16. https://doi.org/10.31685/kek.v16i1.20

Fitri, I. N. (2014). Analisis Pengaruh Tingkat Kenaikan Penggunaan Capital Expenditure terhadap Kinerja Perusahaan (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia). Jurnal Akuntansi AKUNESA, 2(2), 1-19. https://jurnalmahasiswa.unesa.ac.id/index.php/jurnal-akuntansi/article/view/7076

Haryanto, T., & Retnaningrum, M. (2019). Pengaruh Capital Expenditure terhadap Revenue, Number of Customer, Profit dan Return on Investment (Studi pada Perusahaan Telekomunikasi yang Terdaftar di BEI Periode 2009-2016). Jurnal Magister Manajemen (Universitas Mataram), 8(3), 270–279. https://doi.org/10.29303/jmm.v8i3.451

Humas EBTKE. (2021). Sampai Juli 2021, PNBP Sektor ESDM Tembus Rp83,14 Triliun. KEMENTERIAN ENERGI DAN SUMBER DAYA MINERAL. https://ebtke.esdm.go.id/post/2021/08/27/2946/sampai.juli.2021.pnbp.sektor.esdm.tembus.rp8314.triliun

Irma, A. D. A. (2019). Pengaruh Komisaris, Komite Audit, Struktur Kepemilikan, Size dan Leverage terhadap Kinerja Keuangan Perusahaan Properti, Perumahan dan Konstruksi 2013-2017. Jurnal Ilmu Manajemen, 7(3), 697-712. https://jurnalmahasiswa.unesa.ac.id/index.php/jim/article/view/28953

Pamungkas, T. H., Nurlela, S., & Titisari, K. H. (2018). Pengaruh Kinerja Keuangan terhadap Pertumbuhan Laba Sektor Industri Dasar Kimia di BEI. Prosiding Seminar Nasional: Manajemen, Akuntansi, dan Perbankan, 1(1), 513-525. http://conferences.uin-malang.ac.id/index.php/semnasfe/article/view/742

Salim, C. A., & Christiawan, Y. J. (2017). Pengaruh Penerapan Corporate Governance terhadap Kinerja Keuangan dengan Ukuran Perusahaan dan Leverage Sebagai Variabel Kontrol. Business Accounting Review, 5(2), 205-216. https://publication.petra.ac.id/index.php/akuntansi-bisnis/article/view/6549/5964

Sari, R. (2020). Pengaruh Kepemilikan Asing dan Leverage terhadap Kinerja Keuangan. Jurnal Akuntansi dan Bisnis (BALANCE), 5(1), 64–70. https://doi.org/10.32502/jab.v5i1.2459
Published
2022-11-16
How to Cite
Mahendra, M., & Susilowati, E. (2022). Capital Expenditure dan Leverage terhadap Kinerja Keuangan. Journal of Management and Bussines (JOMB), 4(2), 920-929. https://doi.org/https://doi.org/10.31539/jomb.v4i2.4718
Abstract viewed = 0 times