The Effect of Financial Resources and Company Prices on Financial Performance of Public Palm Oil Companies in The Period 2016-2022 in Indonesia
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Growth,
Leverage,
Size,
Price,
ROA
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Abstract
This study aims to determine the effect of Capital, Growth, Leverage, Size, and Price on the performance of palm oil companies the period 2016 - 2022 both partially and simultaneously. In this study, researchers used the method of multiple linear regressions with panel data with quantitative approach. Comparative research hypothesis is the hypothesis formulated to provide answers to the problems meant to be an influence. The population in this study was 15 oil palm companies listed in Indonesia Stock Exchange. Where sampling is devoted period 2016 - 2022. Test used in this study is the test for normality, multicollinearity, autocorrelation, heteroscedasticity, hausman, chow, lagrange multiplier, common effect, the fixed effect and random effect. The results showed that the variables leverage, size, and price does not have a significant effect on ROA, while the variable capital intensity, and growth has a significant effect on ROA. However, simultaneously the variables Capital, Growth, Leverage, Size, Price significant effect on ROA.
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