This study aims to analyze the influence of risk management implementation
on financial performance in food and beverage sub-sector companies listed on the
Indonesia Stock Exchange (IDX) for the period 2020–2024. The study aims
specifically investigates the influence of the Current Ratio (CR), Debt to Asset Ratio
(DAR), and Business Risk (BRISK) on Return on Equity (ROE)
This is a quantitative study using secondary data derived from the annual
financial reports of food and beverage companies listed on the IDX during the
2020–2024 period. The sampling technique used is purposive sampling, with a total
sample of 40 company data points. The independent variables in this study are
Current Ratio (CR), Debt to Asset Ratio (DAR), and Business Risk (BRISK), while
the dependent variable is Return on Equity (ROE). Multiple linear regression
analysis is employed to determine the influence of each independent variable on the
dependent variable..
Partially, the Debt to Asset Ratio (DAR) has a significant effect on Return on
Equity (ROE), while the Current Ratio (CR) and Business Risk (BRISK) have no
significant effect. Simultaneously, the three independent variables have a
significant on financial performance as measured by Return on Equity (ROE)..