Analisis pengaruh growth terhadap profit pada perusahaan manufaktur terbuka di Indonesia: Analisis model panel data dinamis

Aditya Guntur Prakasa

doi:10.14710/jdep.2.3.53-66

DOI: https://doi.org/10.14710/jdep.2.3.53-66

Analisis pengaruh growth terhadap profit pada perusahaan manufaktur terbuka di Indonesia: Analisis model panel data dinamis

Aditya Guntur Prakasa

Diponegoro University, Indonesia

Citation Format:

Abstract

Growth will affect profitability of a firm. There is ongoing debate about how growth will affect profit both theoritically and empirical results. Classical hypothesis predict growth will affect profit positively. Growth can improve firm profitability because the effect from economies of scale and the learning curve effect that makes the production process and the cost of production become more efficient. Behavioral hypothesis predict growth will affect profit negatively because of principal agent problem, managerial constraints, penrose effect or diseconomies of scale. The objective of this study is to examine the effect of growth to profit based on the argument between Classical hypothesis and behavioral hypothesis. This study used dynamics panel data with generalized method of moments (GMM) as estimator. This study observed 82 publicly listed manufacturing firm in Indonesia consist of nine periods from 2009 to 2018 resulting in 656 observations. Empirical result shows that growth will affect profit negatively. Thus, prove the behavioral hypothesis that predict negative influence of growth to profit.

Fulltext View|Download

Article Metrics:

Article Info

Section: Research Article

Language : EN

In Vol 2, No 3 (2019): DECEMBER

Recent articles

DETERMINANTS OF DISTRICTS/CITIES EDUCATION ATTAINMENT INEQUALITY IN EAST JAVA PROVINCE DURING 2014-2016 PENDAKIAN DI JAWA TENGAH : MOTIVASI EKOWISATA DAN PERILAKU WISATAWAN DAMPAK PENERAPAN INDONESIA - JAPAN ECONOMIC PARTNERSHIP AGREEMENT (IJEPA) TERHADAP NILAI EKSPOR IMPOR INDONESIA More recent articles

Most cited articles

KORUPSI BANGKRUTKAN NASIONALISME ANALISIS PENGARUH INSTRUMEN PEMBAYARAN NON-TUNAI TERHADAP STABILITAS SISTEM KEUANGAN DI INDONESIA ANALISIS INDUSTRI PERBANKAN SYARIAH DI INDONESIA ANALISIS PENGARUH PENGELUARAN PEMERINTAH DI SEKTOR PENDIDIKAN DAN KESEHATAN TERHADAP PENGENTASAN KEMISKINAN MELALUI PENINGKATAN PEMBANGUNAN MANUSIA DI PROVINSI JAWA TENGAH More cited articles

Last update:

No citation recorded.

Last update: 2024-11-20 10:14:17

No citation recorded.

Author(s) Rights

In order for Jurnal Dinamika Ekonomi Pembangunan (JDEP) to publish and disseminate research articles, we need publishing rights (transferred from author(s) to publisher). This is determined by a publishing agreement between the author(s) and JDEP. This agreement deals with the transfer or license of the copyright of publishing to JDEP, while authors still retain significant rights to use and share their own published articles. JDEP supports the need for authors to share, disseminate and maximize the impact of their research and these rights, in any databases.

As an author, you have rights to a large range of uses of your article, including use by your employing institute or company. These Author rights can be exercised without the need to obtain specific permission. Authors publishing in JDEP has wide rights to use their works for teaching and scholarly purposes without needing to seek permission, including:

use for classroom teaching by Author or Author's institution and presentation at a meeting or conference and distributing copies to attendees;
use for internal training by the author's company;
distribution to colleagues for their research use;
use in a subsequent compilation of the author's works;
inclusion in a thesis or dissertation;
reuse of portions or extracts from the article in other works (with full acknowledgement of final article);
preparation of derivative works (other than commercial purposes) (with full acknowledgement of final article);
voluntary posting on open web sites operated by author or author’s institution for scholarly purposes,

(but it should follow the open-access license of Creative Common CC-by-SA License).

Authors/readers/third parties can copy and redistribute the material in any medium or format, as well as remix, transform, and build upon the material for any purpose, even commercially, but they must give appropriate credit (the name of the creator and attribution parties (authors detail information), a copyright notice, an open-access license notice, a disclaimer notice, and a link to the material) and provide a link to the license.

Authors/readers/third parties can read, print and download, redistribute or republish the article (e.g. display in a repository), translate the article, download for text and data mining purposes, re-use portions or extracts from the article in other works, sell or re-use for commercial purposes, remix, transform, or build upon the material, they must distribute their contributions under the same license as the original Creative Commons Attribution-ShareAlike (CC BY-SA).

Copyright Transfer Agreement for Publishing (Publishing Right)

The authors submitting a manuscript do so on the understanding that if accepted for publication, the copyright for publishing (publishing right) of the article shall be assigned/transferred to the Department of Economics, Faculty of Economics and Business, Universitas Diponegoro as the publisher of JDEP.

Upon acceptance of an article, authors will be asked to complete a 'Copyright Transfer Agreement for Publishing (CTAP)'. An e-mail will be sent to the Corresponding Author confirming receipt of the manuscript together with a CTAP form by the online version of this agreement.

JDEP, the publisher, and the editorial board make every effort to ensure that no wrong or misleading data, opinions or statements be published in the journal. In any way, the contents of the articles and advertisements published in JDEP are sole and exclusive responsibility of their respective authors and advertisers.

Remember, even though we ask for a transfer of copyright for publishing (CTAP), our journal Author(s) retain (or are granted back) significant scholarly rights as mentioned before.

The Copyright Transfer Agreement for Publishing (CTAP) Form can be downloaded here