FAKTOR-FAKTOR YANG MEMPENGARUHI PERATAAN LABA PADA PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX PERIODE 2021-2023

Abstract

The purpose of this study is to determine and analyze the effect of profitability, leverage, financial risk and net profit margin on income smoothing in companies listed on the Jakarta Islamic Index (JII) in 2021-2023. This study was conducted because there are still differences in research results between one and another. The research approach used in this study is a quantitative approach using secondary data. The sample was selected using the purposive sampling method. The number of samples used in this study was 33 samples in 11 companies. Using panel data. The analysis technique used is multiple linear regression. Based on the results of the study, it shows that simultaneously profitability, leverage, financial risk and net profit margin have an effect on income smoothing. Because the significance value is 0.002318 <0.05, which means that H1 is simultaneously accepted. Partially, it shows that profitability has no effect on income smoothing because the results show a significance level of 0.7544> 0.05, which means that H1 is rejected. Net profit margin has no effect on income smoothing. Because NPM has a significance level of 0.4495> 0.05, which means that H4 is rejected. Meanwhile, leverage has an effect on income smoothing. Because it has a significance level of 0.0377 <0.05 and financial risk has a negative effect because it has a significance level of 0.0003 <0.05, which means that H3 is accepted