ANALISIS PENGARUH FINANCIAL LEVERAGE TERHADAP RETURN ON EQUITY DAN EARNING PER SHARE PADA PT SAMPOERNA AGRO,Tbk. DAN ENTITAS ANAK

Abstract

This study aims to determine the level of financial leverage, the magnitude of Return on
Equity (ROE), as well as the effect of financial leverage on ROE and Earning Per Share in PT
Sampoerna Agro Tbk. And Subsidiaries for the year 2009 to 2013. The analysis of this
research includes the analysis of the level of financial leverage and financial leverage ratios,
analysis of ROE, the analysis of the effect of Financial Leverage on ROE and Earnings Per
Share, a simple correlation analysis, analysis simple regression, and F test. The results
showed that the DFL at PT Sampoerna Agro Tbk. And Subsidiaries in 2009 up to 2013
continued to increase. Earning Per Share (EPS) of the company tends to fluctuate, as well as
ROE at PT Sampoerna Agro Tbk. and Subsidiaries. I suggest that the companies need to pay
attention to risk too because investors avoid stocks with high risk and add assets to boost the
productivity of the company.