Pengaruh Pendanaan Dari Luar Perusahaan Dan Modal Sendiri Terhadap Profitabilitas (Studi Empiris pada Perusahaan Property and Real Estate yang Terdaftar di BEI)

Abstract

This research aimed to test 1) The effect of external Funding to Profitability, 2) Equity on Profitability. This type of research causative research. The population in this research property and real estate company registered in BEI in 2010 until 2012. Sample was determined by the purposive sampling method. Types of data secondary data and the method of analysis used multiple regression analysis. Based on the results of multiple regression analysis with a significance level of 0,05, the result of the study concluded: 1) Funding from outside firms no significant effect on profitability , where the significance value 0.324 > 0.05 or the value of t < t table is 0.992 < 1.988 and β at 0,312 ( H₁ rejected) 2) Capital itself has no significant effect on profitability, where the significance value 0.017 < 0.05 or the value of t < t table is -2.428 < 1.988 and β for -2,180-5(H₂rejected). This research suggested: 1) for further researcher should consider expanding the sample beyond the property and real estate sector and extend the observation period, so that the results obtained can be generalized, 2) many other factor that affect for further researcher should be able to collaborate on a variety of relevant variables in affecting performance of company and development of their return on net worth of a company.

Keywords : The effect of external funding, Equity, Profitability