The Influence of Leverage Ratio, Capital Intensity Ratio, and Market Share on the Profitability of Cooperatives in Kediri City
Main Article Content
Abstract
Research objectives: This research is motivated by the fact that the profitability obtained in cooperatives varies. This is what attracts investors when they want to invest. Stable profitability will attract investors to invest their capital by seeing how profitability develops each year. To achieve the expected profitability, it is necessary to know the factors that influence profitability. This research aims to determine the effect of the leverage ratio, capital intensity ratio, and market share on the profitability of cooperatives in the city of Kediri.
Design/Method/Approach: This research is a type of quantitative causality research. The population used in the research was 317 cooperatives using a purposive sampling technique which used several criteria to obtain a sample of 30. This research used the classical assumption test, multiple linear regression, coefficient of determination test, and hypothesis testing using the SPSS application.
Research Findings: The research results show that leverage, capital intensity, and market share partially have a significant effect on profitability. Simultaneously, leverage, capital intensity, and market share have a significant effect on profitability. Based on the results of the analysis and conclusions, the author provides suggestions for investors to pay attention to before investing, for cooperatives it can be used as a guide in increasing cooperative profitability, and for further researchers they can add other variables that can influence cooperative profitability.
Article Details
References
Winarko SP. Pengaruh Modal Sendiri, Jumlah Anggota Dan Aset Terhadap Sisa Hasil Usaha Pada Koperasi Di Kota Kediri. Nusant Res 2014;01:151–67.
Sukirno, Sutisman E, Ermawati Y, Noch MY. Pengaruh Perputaran Kas, Perputaran Piutang, Perputaran Pesediaan dan Laverage Terhadap Laba Pada Koperasi Pegawai Pekerjaan Umum (KPPU) Sapta Taruna Papua. Bus Manag Res 2019;2.
Mustika R, Meirini D. Pengaruh Pertumbuhan Penjualan, Intensitas Modal, Ukuran Perusahaan Dan Leverage Terhadap Profitabilitas. YUME J Manag 2022;5:196–213. https://doi.org/10.37531/yume.vxix.324.
Sirait S, Panjaitan S. Analisis Pengaruh Pangsa Pasar Pembiayaan Dan Non Performing Financing ( Npf ) Terhadap Profitabilitas. J EK&BI 2018;1:76–82.
Natalya D, Maimunah M. Pengaruh Leverage , Likuiditas Dan Ukuran Perusahaan Terhadap Profit abilitas. J Inf Akunt 2022;1.
Rahmawan Z, Hermuningsih S. Pengaruh Modal Sendiri Dan Modal Pinjaman Upk Mandiri Pedesaan Terhadap Profitabilitas Pada Usaha Micro Kecil Menengah (Study Kasus Pelaku Usaha Umkm Di Desa Panjangrejo Pundong Bantul). J Ekon 2023;14:87–98.
Rofiatun NF. Pengaruh Pangsa Pasar dan Indikator Perbankan Syariah Terhadap Profitabilitas Bank Umum Syariah di Indonesia. J Islam Lariba 2016;2:13–24.
Fitria N, Hamid E, Rachmawati. Analisis Debt to Asset Ratio dan Current Ratio Dalam Menilai Return On Asset Pada PT. Ultrajaya Milk Industri Tbk yang terdaftar di BEI Periode Tahun 2016 – 2020. Parameter 2022;7:253–65. https://doi.org/10.37751/parameter.v7i2.204.
Ismi N, Cipta W, Yulianthini NN. Analisis Pengaruh Debt to Equity Ratio dan Firm Size Terhadap Return On Equity Pada CV. Dwikora Usaha Mandiri. J Manaj Indones 2021;4:10–7.
Liana Susanto CA. Pengaruh Leverage, Likuiditas, Ukuran Perusahaan, Dan Perputaran Total Aset Terhadap Profitabilitas. J Paradig Akunt 2020;2:393. https://doi.org/10.24912/jpa.v2i1.7168.
Firdaus VA, Poerwati RT, Akuntansi J. Pengaruh Intensitas Modal, Pertumbuhan Penjualan Dan Kompensasi Eksekutif Terhadap Penghindaran Pajak (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2018-2020). J Ilm Mhs Akuntansi) Univ Pendidik Ganesha 2022;13:2614–1930.
Maharani FR, Kusmintarti A, Sumiadji. Pangsa Pasar, Rasio Leverage, dan Rasio Intensitas Modal sebagai Determinan Profitabilitas Perusahaan. J Ris dan Apl Akunt dan Manaj 2021;5:241–8. https://doi.org/10.33795/jraam.v5i2.010.
Purwanti E. Pengaruh pangsa pasar, rasio leverage, intensitas modal terhadap profitabilitas koperasi simpan pinjam di Salatiga. J Among Makarti 2020;3:1–13.