PERBANDINGAN PENGARUH FINANCIAL LEVERAGE TERHADAP RETURN ON EQUITY PADA SEKTOR AGRI DAN MINING DI INDEKS LQ-45

Abstract

Management must improve the owners equity. One of management effort to improve owners equity is using leverage policy in company financial, which is known as financial leverage. Financial leverage utilization to optimalized company resource and effective rate. Therefor, optimalization company resources can give return to owners which is measureable with return on equity ratio. The purpose of this study is to compare the influence financial leverage towards return on equity of agriculture and mining sector in 2011 until 2013. The method that used are descriptive and causal comparation. Thus, documentary study and literature are used for the technic data aggregation. Technical analysis for data is quantitative.
The sample of financial statement that used are from agricultural and mining sector in index LQ45 on 2008-2014. The conclusion based on result of test using SPSS 17.0 is financial leverage affecting return on equity for agricultural and mining sector in index LQ45. Meanwhile, Chow Test showed indifference influence coefficient degree of financial leverage, debt ratio towards return on equity for agricultural and mining sector, and so investor generally can judge company financial statement using financial leverage ratio.