The Effect of Managerial Ownership, Debt to Equity Ratio, and Total Asset Turnover on Profit Growth in Food and Beverage Companies Listed on the Indonesian Stock Exchange in 2018-2022.

Abstract

This research aims to analyze and determine the influence of managerial ownership, debt to equity ratio, and total asset turnover. This research uses quantitative methods with secondary data in the form of annual reports. The population in this study were sub-food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange 2018 - 2022. The research sample consisted of 20 companies selected based on the purposive sampling. The results of this research provide empirical evidence that partially, managerial ownership and total asset turnover have a significant influence on profit growth. Meanwhile, the debt to equity ratio partially does not significantly affect profit growth.