Pengaruh Kinerja Keuangan Dan Status Perusahaan Terhadap Pertumbuhan Perekonomian Di Indonesia
The Influence Of Financial Performance And Company Status On Economic Growth In Indonesia
DOI:
https://doi.org/10.21831/jpai.v24i1.91474Keywords:
Kinerja Keuangan, Pertumbuhan ekonomi, Status perusahaanAbstract
Tujuan penelitian ini untuk menganalisis dampak kinerja keuangan dan jenis badan usaha terhadap pertumbuhan ekonomi di Indonesia. Kinerja Finansial yang digunakan mencakup Return on Assets (ROA), Return on Equity (ROE), dan Current Ratio (CR). Sementara itu, jenis badan usaha dibagi menjadi Badan Usaha Milik Negara (BUMN) dan perusahaan yang bukan BUMN. Metode yang diterapkan ialah pendekatan kuantitatif melalui analisis regresi linear ganda yang melibatkan variabel dummy. Data Diperoleh dari laporan keuangan delapan perusahaan yang tercatat di pasar saham Indonesia antara tahun 2019 hingga 2023 serta informasi Produk Domestik Bruto (PDB) dari Badan Pusat Statistik (BPS). Hasil dari penelitian ini menunjukkan bahwa secara bersamaan maupun secara terpisah, variabel ROA, ROE, CR, serta jenis badan usaha tidak mempunyai pengaruh signifikan kepada pertumbuhan ekonomi nasional. Temuan ini menunjukkan bahwa kinerja keuangan perusahaan dan status kepemilikan tidak mampu menjadi faktor kunci yang berperan dalam mendorong perkembangan ekonomi di Indonesia. Oleh karena itu, diperlukan kombinasi kebijakan pemerintah dan strategi perusahaan agar kinerja keuangan dapat memberikan kontribusi signifikan untuk pertumbuhan ekonomi.
References
Awliya, M. (2022). Analisis Profitabilitas (Return On Asset (Roa) dan Return On Equity (RoE) Pada PT Sido Muncul Tbk (Periode 2015-2018). Journal of Economic Education. 1 (1), 10-18, from https://doi.org/10.22437/jeec.v1i1.18793.
Bayu Aji, S., Asmarawati, B., & Ykpn, P. (2023). Faktor yang mempengaruhi Profitabilitas BPRS di Indonesia. Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi). 7(2), 666-681, from https://doi.org/10.31955/mea.v7i2.3079.
Coad, A., Bornhäll, A., Daunfeldt, S.-O., & Mckelvie, A. (2024). Springer Briefs in Business Scale-ups and High-Growth Firms Theory, Definitions, and Measurement. from https://doi.org/10.1007/978-981-97-1379-0.
Dewi, M. R. K., Kristantiningtyas, D., & Dwiyani, T. (2024). Pengujian determinan kinerja keuangan pada perusahaan manufaktur di Indonesia. Wahana: Jurnal Ekonomi, Manajemen dan Akuntansi, 27(2), 154–167. https://doi.org/10.35591/wahana.v27i2.928.
Fuertes-Callén, Y., & Cuellar-Fernández, B. (2019). Inter-relationship between firm growth and profitability in a context of economic crisis. Journal of Business Economics and Management, 20(1), 86–106, from https://doi.org/10.3846/jbem.2019.6928
Fuertes-Callén, Y., & Cuellar-Fernández, B. (2019). Inter-relationship between firm growth and profitability in a context of economic crisis. Journal of Business Economics and Management, 20(1), 86–106, from https://doi.org/10.3846/jbem.2019.6928
Gundlach, E. (2006). The Solow Model in the Empirics of Growth and Trade. from http://www.bris.ac.uk/Depts/Economics/Growth/refs/augsol.htm.
Hidayat, T. (2020). Pengaruh Likuiditas (Current Ratio) terhadap Return Saham: Peran Pemediasi Profitabilitas (Return on Equity) pada Perusahaan Sub Sektor Konstruksi Bangunan di Bursa Efek Indonesia Periode 2016–2018. Jurnal Fokus, 10(1), 13-18, from https://doi.org/10.12928/fokus.v10i1.1827.
Hidayatul Aziz, M. S. N., & Widati, L. W. (2023). Pengaruh Leverage, Profitabilitas, Pertumbuhan Perusahaan dan Ukuran Perusahaan terhadap Nilai Perusahaan. Journal of Information System, Applied, Management, Accounting and Research, 7(1), 105-171, from https://doi.org/10.52362/jisamar.v7i1.1031.
Hotama, A. A. I. J., & Gede Wirama, D. (2023). Profitabilitas, Pertumbuhan pada Struktur Modal, dan Ukuran Perusahaan sebagai Variabel Pemoderasi. E-Jurnal Akuntansi, 33(9), 2340-2351, from https://doi.org/10.24843/eja.2023.v33.i09.p07.
Hutauruk, R. P. S., Zalukhu, R. S., & Collyn, D. (2023). The Effect of Capital Structure, Financial Performance, Firm Growth and Size on Firm Value: Empirical Study on Manufacturing Listed Companies on the Indonesia Stock Exchange. International Journal of Business, Economics & Financial Studies, 1(2), 52–57, from https://doi.org/10.62157/ijbefs.v1i2.22.
Klein, P.O., & Weill, L. (2018). Bank profitability and economic growth Paul-Olivier Klein and Laurent Weill: Bank profitability and economic growth. from https://www.econstor.eu/bitstream/10419/212900/1/bofit-dp2018-015.pdf?.
Mashamba, T., Magweva, R., & Gani, S. (2023). Bank Profitability and Economic Growth in the Emerging Markets: The Mediating Role of Stability. Corporate and Business Strategy Review, 4(2), 386–401, from https://doi.org/10.22495/CBSRV4I2SIART18.
Michalopoulos, S., Laeven, L., & Levine, R. (2015). Financial Innovation and Endogenous Growth. Journal of Financial Intermediation, 24(1), 1-24, from https://doi.org/10.1016/j.jfi.2014.04.001.
Moore, T., & Mirzaei, A. (2016). The Impact of the Global Financial Crisis on Industry Growth. Manchester School, 84(2), 159–180, from https://doi.org/10.1111/manc.12090
Morck, R., Wolfenzon, D., & Yeung, B. (2004). Corporate governance, economic entrenchment and growth. National Bureau of Economic Research. from https://www.nber.org/papers/w10692.
Mukhlis, I. (2012). Kinerja Keuangan Bank dan Stabilitas Makroekonomi terhadap Profitabilitas Bank Syariah di Indonesia. Jurnal Keuangan dan Perbankan, 16(2), 275–285, from https://doi.org/10.26905/jkdp.v16i2.1068.
Prasetyo, B. D., Tripuspitorini, F. A., Purbayati, R., Kusnadi, H. K., & Nuzul, D. A. A. (2025). Comparative Analysis of ROA, ROE, and GDP on Stock Returns in Sharia and Non-Sharia Food & Beverage Firms. Journal of Applied Islamic Economics and Finance, 6(1), 76–89, from https://doi.org/10.35313/jaief.v6i1.6778.
Rahma, M., Fery, H., & Novika, P. (2014). The 2015 AEC Business Competition, Business Intelligence and Implications for Small Medium Enterprises Competitiveness. Scientific Research Journal (SCIRJ), 2(1), 1-8, from http://www.scirj.org/.
Shabrina, N., Surya, J. L., No, K., & Selatan Banten, P. T. (2019). Analisis Rasio Profitabilitas dan Rasio Likuiditas untuk Menilai Kinerja Keuangan pada PT Astra Internasional, Tbk. JIMF (Jurnal Ilmiah Manajemen, 2(3), 62-75, from https://doi.org/10.32493/frkm.v2i3.3398.
Sredojević, D., Cvetanović, S., & Bošković, G. (2016). Technological Changes in Economic Growth Theory: Neoclassical, Endogenous, and Evolutionary-Institutional Approach. Economic Themes, 54(2), 177–194, from https://doi.org/10.1515/ethemes-2016-0009.
Vikia, Y. M. (2023). The Solow-Swan theories: An empirical evidence in various Indonesian Provinces. Optimum: Jurnal Ekonomi Dan Pembangunan, 13(2), 155–174, from https://doi.org/10.12928/optimum.v13i2.8123.
Wijaya, L. A., & Atahau, A. D. R. (2021). Profitability and Sustainable Growth of Manufacturing Firms: Empirical Evidence from Malaysia and Indonesia. Jurnal Riset Akuntansi Dan Keuangan, 9(1), 13–24, from https://doi.org/10.17509/jrak.v9i1.26689.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Adin Ariyanti Maharani, Sayyida Nafisatur Riza, Refy Salvia Putri, Agus Eko Sudjianto
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with Jurnal Pendidikan Akuntansi Indonesia journal agree to the following terms:
- Authors retain copyright and grant the Jurnal Pendidikan Akuntansi Indonesia journal right of first publication with the work simultaneously licensed under Creative Commons Attribution License (CC BY 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the published version of the work (e.g., post it to an institutional repository or edit it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
