Analisis Financial Leverage dan Asset Growth Terhadap Koefisien Respon Laba

Arna Suryani


This purpose to analyze and find out how the influence of financial leverage and asset growth in earnings response coefficient. And uses quantitative methods from secondary data sourced from industrial company on the cosmetics & household goods sector in the Indonesian stock exchange period 2018-2020. This study sampel is selected based in on purposive addition certain criteria. Using multiple linear regression analysis performed classical assumption test, hypothesis test and coefficient of determination. The results of the study show that financial leverage has a positive and significant effect on the earnings response coefficient, while the asset growth variable has a positive but not significant effect on the earnings response coefficient. The results of this study prove that if financial leverage is high, then small changes in operating profit will greatly affect returns to shareholders. A large company size will find it easier to innovate by using its assets which will increase company profits. Investors will respond to high corporate profits by increasing the value of the earnings response coefficient.


Financial leverage, asset growth, earnings response coefficient

Full Text:



Arna Suryani :(2016), "Koefisien Respon Laba dan Manajemen Laba. Tangga Ilmu".

Ball, et al, :(1968), An empirical evaluation on accounting income, journal of accountig, 159–178.

Chaney dan Jeter :(2011), "Magnitude to long earnings response coefficients". contemporary accounting research, 8(2), 540–560.

Eliu, V :(2014), "Effect of financial leverage and company growth on financial distress". finesta, 2(2), 6–11.

Jogiyanto. :(2008), "Portfolio Theory and Investment Analysis" (1st ed.). BPFE.

Kartikasari, L. :(2007), "Effect of Fundamental Variables on Systematic Risk in Manufact Companies Listed on the BEJ". Journal of Accounting And Volume Management XVIII, 1(1).

Novianti, N :(2015), " Capital Structure, Effect Firm Size, and Dividend Policy on Profit Response Coefficient ". Etikonomi, 13(2), 118–147.

Rahayu, L. P. A. K. dan Suaryana, I. G. A (2015), "Effect of Firm Size and Risk of Default on Profit Response Coefficient". 2(13), 665–684

Scott. :(2015), "Financial Accounting Theory ". In Financial Accounting Theory.

Setiati, F. dan I. W. K. :(2004), "Factors Affecting Profit Response Coefficients in Growing and Non-Growing Companies". Simposium Nasional Akuntansi VII Denpasar.

Setyawan, H. dan S. :(2006), "Analysis of Determinants of Capital Structure of Islamic Issuers on the BEJ". Jurnal akuntanasi dan keuanga,5(2)



  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Eksis: Jurnal Ilmiah Ekonomi dan Bisnis
Publisher: Faculty of Economics, Batanghari University
Jl. Slamet Ryadi, Broni-Jambi, Kodepos: 36122, Phone: 0741-668280, email:

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.