PENGARUH RASIO LIKUIDITAS, LEVERAGE DAN AKTIVITAS TERHADAP PROFITABILITAS PERUSAHAAN-PERUSAHAAN SEKTOR PROPERTI DAN REAL ESTATE DI BEI (Periode 2008-2012)

JEFFRY TJENDRAWIRA B31110046

Abstract


This study aimed to determine the effect of liquidity, leverage, and activity an assessment of the profitability of either simultaneously  or partially. Population in this study is the property and real estate companies listed on the Indonesia Stock Exchange during the period of 2008 -2012. Samples studied are 30 companies from 45 companies by selecting a company under the IPO in 2008. Independent variabels studied were covering liquidity (CR), leverage (DER) and activity (TATO) and profitability (ROE) as the dependent variable. The data used are secondary data and use the multiple liniar regression analysis (F test, t test and the coefficient of determination) and by the classical assumption that includes tests of normality, linearity, multicollinearity and heterodatisitas using SPSS version 16 o’clock.

The result of the research is Value of F-count = 9.748 and significant value = 0.000. If significant value is less than 5% or 0.05, then research model has fulfilled the requirement as double regression model. Therefore it could be proceed with t test. But, the results of the study showed variable  activity (CR) and leverage (DER) partially no significantly to profitability (ROE). While the activity variable (TATO) showed significant results on profitability (ROE). Based on the results of this study it can be able concluded that the company's management in order to maintain aktivitas as well as the company also must be able to manage the liquidity and leverage effectively and efficiently in order to high return on equity.

Keywords : Liquidity (CR), Leverage (DER), Acitivity (TATO), and Profitability (ROE)


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