ISLAMINOMICS: JOURNAL OF ISLAMIC ECONOMICS, BUSINESS AND FINANCE

ANALISIS PENGARUH RETURN ON ASSET, NET PROFIT MARGIN DAN DEBT TO EQUITY RATIO TERHADAP INCOME SMOOTHING (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2015-2018)

Hikma Gustina Rambe

Universitas Cendekia Abditama

Sunardi Sunardi

Universitas Cendekia Abditams

Abstract

This study aims to analyze identify how much influence Return on Asset, Net Profit Margin, Debt to Equity Ratio, partially and jointly on Income Smoothing.

The method used is a quantitative method and analyzes the relationship between the independent variables and the dependent variable, the measuring method used is purposive sampling by taking 55 companies from the population as the research sample. For the regression test, researchers used multiple linear regression analysis with the SPSS 24 for windows program.

From the research results it is known that the multiple linear regression equation Y=0,123 (α) -1,193 (X₁) + 7,766 (X₂) – 0,019 (X₃). Partially, Return on Asset (X₁) has no effect and is significant with the sig value. 0,462, partially the Net Profit Margin (X₂) variabel has an effect and is significant with the sig value. 0,001, partially Debt to Equity Ratio (X₃) has no effect and is significant with the sig value. 0,854. Taken together, it affects the income smoothing (Y) variable seen from the significance F of 0,000, meaning that sig value is 0,000 < 0,05.