Analisis Systematic Risk Pada Perusahaan Sektor Pariwisata (Penerbangan, Hotel Dan Restoran) Yang Terdaftar Di Bursa Efek Indonesia

Abstract

This study aims to determine the effect of company performance, leverage, size, liquidity and net profit margin on systematic risk. This research was conducted by taking data from the financial statements of tourism companies (airlines, hotels and restaurants) listed on the Indonesia Stock Exchange in 2015-2019. This type of research uses a quantitative approach, the sampling technique is non-probability sampling with purposive sampling method. The data is processed using STATA version 14 software. The results show that liquidity has a significant positive effect on systematic risk, while company performance, leverage, size and net profit margin have no significant effect on systematic risk.