DAMPAK MANAJEMEN ASET DAN MANAJEMEN UTANG TERHADAP LIKUIDITAS DAN PROFITABILITAS BUMN TERDAFTAR DI BURSA EFEK INDONESIA
Abstract
The purpose of this study was to determine the impact of asset management anddebt management on the liquidity and profitability of SOEs listed on the Indonesia Stock
Exchange for the period 2014-2017. This study use the object of research as 16 BUMN
companies. The data source used is secondary data, data collection techniques in this
study are documentation of company performance reports on the Indonesia Stock
Exchange and company annual reports. The results of the study show that the
relationship between asset management and debt management is directly proportional.
There is no significant impact of asset management on liquidity and profitability because
the asset management on 2017 has increased while profitability and liquidity has fallen
this is due to the company's large operational costs financed by debt. Debt management
for liquidity and profitability has an impact on decreasing liquidity and profitability when
debt management rises.
Keywords: Liquidity, Asset Management, Debt Management and Profitability
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