CD Tesis
Pengaruh Cash Conversion Cycle Terhadap Profitabilitas Dengan Leverage Dan Ukuran Perusahaan Sebagai Moderasi Pada Perusahaan Farmasi
This study aims to see and determine the effect of the cash conversion cycle on profitability with leverage and company size as moderation. The population observed in this study were 10 pharmaceutical sub-sector companies listed on the Stock Exchange 2014-2018.
The data used secondary data. Sampling in this study is by purposive sampling technique, namely the selection of samples based on certain criteria, the sample in this study became 9 companies.Descriptive analysis method is used to describe the characteristic of respondents and the research hyphotheses by using relevant statistical tests. Variables used are cash conversion cycle, debt equity ratio, and firm size as independent variable, Return on Assets as dependent variablle. And debt equity ratio and firm size as mediation variable. Analyzer used is moderated regression analysis by using program of SPSS 22 for windows.
The results of this study conclude that the Cash Conversion Cycle and Debt to Equity Ratio have a significant effect on profitability with negative coefficient. Company size has a significant effect on profitability with positive coefficient. Debt to Equity Ratio and Firm Size has a significant effect on the influence of Cash Conversion Cycle on Profitability with positive mediation role.
Keywords: Cash Conversion Cycle, Leverage, Company Size and Profitability
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