FAKTOR-FAKTOR YANG MEMPENGARUHI KINERJA KEUANGAN PADA PERUSAHAAN MANUFAKTUR

Abstract

This research is done with the intention to reveal the influence of working capital management expressed with cash conversion cycle, then sales growth, cash flow, liquidity, and leverage in manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2016-2018. Samples in this study used samples of 44 companies annually. The analysis method on this study used a regression analysis of data panels with the Eviews program 9.0. The result of this research is based on the significance of 5%, indicating that working capital management, sales growth, liquidity and leverage have no significant influence, while cash flow has a significant influence to financial performance.