Business, Management and Accounting
2 years ago

Study finds Return on Equity boosts profit growth for pharmaceutical companies

2 views
Fair Value Jurnal Ilmiah Akuntansi dan Keuangan
Pengaruh Return on Asset, Return on Equity, dan Net Profit Margin terhadap pertumbuhan laba pada perusahaan sub sektor farmasi yang terdaftar di Bursa Efek Indonesia tahun 2016-2020
Nur Aini Fathimah, Dede Hertina

Paper Summary

Profit growth in pharmaceutical companies is influenced by Return On Assets (ROA), Return On Equity (ROE), and Net Profit Margin (NPM). A study on Indonesian pharmaceutical firms from 2016-2020 found that ROA does not impact profit growth, ROE positively affects profit growth, and NPM does not negatively impact profit growth.

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