Return on Assets ROA Profit After Taxes Amount of Assets x 100 Data Methods and

Return on assets roa profit after taxes amount of

This preview shows page 6 - 8 out of 11 pages.

Return on Assets (ROA) = Profit After Taxes / Amount of Assets x 100%. Data Methods and Analysis Hypothesis testing is done using multiple linear regression analysis ( Multiple Linear Regression ) In this study multiple linear regression equations are: NP = α + β 1 KM + β 2 KI + β 3 PP + β 4 LD + β 5 PF + e Description: α = Constant β1 - β5 = Regression Coefficient KM = Managerial Ownership KI = Institutional Ownership PP = Firm Growth LD = Liquidity PF = Profitability e = Error Term RESULTS AND DISCUSSION Number of manufacturing companies listed on the Indonesia Stock Exchange (IDX) , as well as issuing annual reports and financial statements in a row during the period 2015-2017 totaling 118 companies, then companies that publish financial statements with a unit of 93 amounting to 93 companies, then companies that do not generate positive profits from 2015-2017 a number of 62 companies, will but companies that meet the sample criteria are 25 companies with 75 samples over 3 years and 6 observations 5 sample data that can be used for further testing. Testing of multiple linear regression statistics requires the testing of classical assumptions. The results of the normality test using the Kolmogorov- Smirnov Test show a significance value of 0.552. Information on Unstandardized Residual Kolmogorov-Smirnov Z 0.795 Asymp. Sig. (2-tailed) 0.552 Source: Result of Data Analysis 2019 Results show a value that is greater than the significance level in this study, which is 0.005, so data is normally distributed. Variable Tolerance VIF Description KM 0.271 3.684 Multicollinearity Does Not Occurred KI 0.258 3.877 Multicollinearity Does Not Occurred PP 0.761 1.315 Multicollinearity Does Not Occurred LD 0.913 1.095 Multicollinearity Does Not Occurred PF 0.800 1.249 Multicollinearity Does Not Occurred Source: Result of Data Analysis 2019
Image of page 6
142 p-ISSN:1411-6510 e-ISSN :2541-6111 Eni Kusumawati and Adi Setiawan JURNAL Riset Akuntansi dan Keuangan Indonesia Vol.4 No.2 September 2019 Results test results for models Regression equation shows that there is not one independent variable that has the value of value inflation factors (VIF) smaller than 10 and value of tolerance that have more than 0.10 this means that the regression model is free from the existence of a high correlation between independent variables so that the conclusion is a model-free from multicollinearity. Information DurbinWatson Conclusions KM, KI, PP, LD, PF 1.897 Autocorrelation Does Not Occurred Source: Result of Data Analysis 2019 The autocorrelation test results show the value of Durbin-Watson (DW) 1.897. The DW value is at -2 to +2 means that the regression model does not show a correlation between interruption in period t and disturbance in period t-1 so that it can be concluded that the model is free from autocorrelation. Results heteroscedasticity test with test spearmen shows the significance of each of the variables above 0.05 or 5%, means that the regression model is free from inequality of variance from residual one to another observation so that it can be concluded that the model is free from heteroscedasticity.
Image of page 7
Image of page 8

You've reached the end of your free preview.

Want to read all 11 pages?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes