Determinan Kinerja Keuangan Perusahaan Manufaktur Sub Sektor Makanan dan Minuman di Indonesia

Abstract

Several food and beverage sub-sector companies experienced a decline in profits due to the company's inability to maintain financial performance from the impact of the decline in the rupiah exchange rate, declining people's purchasing power, and an increase in operating expenses that were higher than sales growth that could erode company profits. In fact, profit is one of the indicators of measuring the company's financial performance. This study aims to determine the effect to corporate social responsibility, company size, and leverage performance in food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2016-2021. The population in this study are food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange 2016-2021. The research method used was purposive sampling and obtained 80 sample of companies. The data analysis technique used in this study is multiple linier regression analysis. The result of the study indicate that corporate social responsibility and company size do not affect the company’s financial performance, while leverage had an affect the company’s financial performance.