The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022)
A company's financial performance reflects the outcomes of various activities that contribute to its overall success. This study investigates the impact of net working capital and sales growth on financial performance, both jointly and individually. A quantitative approach is applied, utilizin...
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| Format: | Article |
| Language: | English |
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Universitas KH Abdul Chalim, Prodi Ekonomi Syariah
2025-07-01
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| Series: | Indonesian Interdisciplinary Journal of Sharia Economics |
| Subjects: | |
| Online Access: | https://www.e-journal.uac.ac.id/index.php/iijse/article/view/7487 |
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| _version_ | 1849470720940179456 |
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| author | Lia Nurjanah Intan Pramesti Dewi |
| author_facet | Lia Nurjanah Intan Pramesti Dewi |
| author_sort | Lia Nurjanah |
| collection | DOAJ |
| description |
A company's financial performance reflects the outcomes of various activities that contribute to its overall success. This study investigates the impact of net working capital and sales growth on financial performance, both jointly and individually. A quantitative approach is applied, utilizing secondary data and EViews version 12 to test the research hypotheses. The analysis includes multicollinearity testing, heteroscedasticity testing, Chow test, Hausman test, Lagrange multiplier test, and the common effect model. The results indicate that net working capital and sales growth, when considered together, have a significant and positive effect on financial performance.
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| format | Article |
| id | doaj-art-91df8e100dbd4010998b6afb4bead0ae |
| institution | Kabale University |
| issn | 2621-606X |
| language | English |
| publishDate | 2025-07-01 |
| publisher | Universitas KH Abdul Chalim, Prodi Ekonomi Syariah |
| record_format | Article |
| series | Indonesian Interdisciplinary Journal of Sharia Economics |
| spelling | doaj-art-91df8e100dbd4010998b6afb4bead0ae2025-08-20T03:25:04ZengUniversitas KH Abdul Chalim, Prodi Ekonomi SyariahIndonesian Interdisciplinary Journal of Sharia Economics2621-606X2025-07-018310.31538/iijse.v8i3.7487The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022)Lia Nurjanah0Intan Pramesti Dewi1Sekolah Tinggi Ilmu Ekonomi STAN IM, Bandung, IndonesiaSekolah Tinggi Ilmu Ekonomi STAN IM, Bandung, Indonesia A company's financial performance reflects the outcomes of various activities that contribute to its overall success. This study investigates the impact of net working capital and sales growth on financial performance, both jointly and individually. A quantitative approach is applied, utilizing secondary data and EViews version 12 to test the research hypotheses. The analysis includes multicollinearity testing, heteroscedasticity testing, Chow test, Hausman test, Lagrange multiplier test, and the common effect model. The results indicate that net working capital and sales growth, when considered together, have a significant and positive effect on financial performance. https://www.e-journal.uac.ac.id/index.php/iijse/article/view/7487Financial Performance, Net Working Capital, Sales Growth |
| spellingShingle | Lia Nurjanah Intan Pramesti Dewi The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022) Indonesian Interdisciplinary Journal of Sharia Economics Financial Performance, Net Working Capital, Sales Growth |
| title | The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022) |
| title_full | The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022) |
| title_fullStr | The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022) |
| title_full_unstemmed | The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022) |
| title_short | The Influence of Net Working Capital and Sales Growth on Company Financial Performance (A Study of Banking Companies Listed on the Indonesia Stock Exchange 2018–2022) |
| title_sort | influence of net working capital and sales growth on company financial performance a study of banking companies listed on the indonesia stock exchange 2018 2022 |
| topic | Financial Performance, Net Working Capital, Sales Growth |
| url | https://www.e-journal.uac.ac.id/index.php/iijse/article/view/7487 |
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