The Effect of Working Capital and Retained Earnings on the Profitability of Food and Beverages Companies Listed in Indonesia Stock Exchange Period 2012-2017

Ramon Arthur Ferry Tumiwa

2019

Abstract

This study aims to examine and analyse whether profitability is affected by working capital and retained earnings of companies. This research is a quantitative study using an associative method. This research was conducted at Food and Beverage Companies listed on the Indonesia Stock Exchange for the period 2012 - 2017. The companies analysed amounted to 6 companies determined based on sampling criteria. The analysis method used is panel data analysis by using Eviews 10 computer programming. The results of this study found that working capital did not significantly influence profitability, while significantly retained earning affected the profitability of food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the 2012-2017 period.

Paper Citation

in Harvard Style

Arthur Ferry Tumiwa R. (2019). The Effect of Working Capital and Retained Earnings on the Profitability of Food and Beverages Companies Listed in Indonesia Stock Exchange Period 2012-2017. In Proceedings of the 4th International Conference of Vocational Higher Education - Volume 1: ICVHE, ISBN 978-989-758-530-2, pages 552-558. DOI: 10.5220/0010704700002967

in Bibtex Style

@conference{icvhe19,
author={Ramon Arthur Ferry Tumiwa},
title={The Effect of Working Capital and Retained Earnings on the Profitability of Food and Beverages Companies Listed in Indonesia Stock Exchange Period 2012-2017},
booktitle={Proceedings of the 4th International Conference of Vocational Higher Education - Volume 1: ICVHE,},
year={2019},
pages={552-558},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010704700002967},
isbn={978-989-758-530-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 4th International Conference of Vocational Higher Education - Volume 1: ICVHE,
TI - The Effect of Working Capital and Retained Earnings on the Profitability of Food and Beverages Companies Listed in Indonesia Stock Exchange Period 2012-2017
SN - 978-989-758-530-2
AU - Arthur Ferry Tumiwa R.
PY - 2019
SP - 552
EP - 558
DO - 10.5220/0010704700002967