Pengaruh Likuiditas dan Solvabilitas Terhadap Kinerja Keuangan Pada Perusahaan Perkebunan yang Terdaftar di Bursa Efek Indonesia

Abstract

The study aims to know partially and simultaneously the influence of liquidity (X1) and solvency (X2) against financial performance (Y). The type of research used is associative. The population in this research is the entire plantation company listed on the Indonesia Stock Exchange, which is 19 plantation companies. This research sample is a company that meets the criteria of 10 plantation companies. The criteria for the company to be sampled in this research is a company engaged in plantation business, it aims to avoid differences in characteristics between plantation companies and non plantations, plantation companies that have a complete financial report on the Indonesia Stock exchange for the period 2014-2018, plantation companies listed on the IDX and profit also in the year 2014-2018. The type of data used in this study is quantitative data. The data source used in this study is secondary data. The techniques that researchers do to collect the data needed in the study are documentation. The study used multiple linear analysis techniques using SPSS Help version 21. The results showed that partial liquidity (X1) had a positive and significant effect on financial performance, solvency (X2) positively and significantly impacted the financial performance. And simultaneously the liquidity and solvency effect is positive and significant to the financial performance.