Pengaruh Ukuran Perusahaan, Struktur Modal, Total Assets Turnover Ratio dan Likuiditas terhadap Kinerja Keuangan dengan Good Corporate Governance sebagai Variabel Moderasi pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman yang Terdaftar di BEI Tahun 2016 - 2022

Abstract

This study aims to determine the effect of company size, capital structure, total asset turnover ratio, and liquidity on financial performance with good corporate governance as a moderating variable in food and beverage sub-sector manufacturing companies listed on the IDX in 2016-2022. This research was conducted based on information obtained on the Indonesia Stock Exchange. The sampling technique for this study used a purposive sampling method. The population in this study were 47 companies in the food and beverage sub-sector manufacturing companies listed on the IDX in 2016-2022 and 20 companies were sampled. The type of data used is secondary data and panel data regression data analysis techniques and moderate regression analysis (MRA) tests with the help of Eviews 10. The results of this research show that company size has a negative and significant effect on financial performance, capital structure has a negative and significant effect on financial performance, TATO has a positive and significant effect on financial performance, and liquidity has a negative and insignificant effect on financial performance. Good corporate governance is able to moderate the influence of company size on financial performance, GCG is able to moderate the influence of capital structure on financial performance, GCG is able to moderate the influence of TATO on financial performance, and GCG is unable to moderate the influence of liquidity on financial performance.