Effect of Sales Growth, Leverage, and Size on ROE During COVID-19 Pandemic: Empirical Study on IDX-Listed Property Companies 2019-2021

Abstract

This research investigates how sales growth, leverage, and company size can impact a company’s performance as reflected by profitability ratios, particularly Return on Equity (ROE). This study used a quantitative descriptive method through approaches to empirical research to collect, analyse, and present data in numerical form along with explanations. The sampling technique used in this research is purposive sampling from 29 property and real estate companies listed on the Indonesia Stocks Exchange (IDX) from 2019 to 2021. Secondary data sources were used for this study. The multiple linear regression analysis method was employed for data analysis using E-view version 13. This research indicates that sales growth has a positive effect on ROE, and leverage has a negative and significant effect on ROE.