Efisiensi Modal Kerja, Agresivitas Pendanaan Modal Kerja, Efisiensi Persediaan, dan Kinerja Operasi Perusahaan di Indonesia

This study examines the relationship between working capital efficiency, aggressiveness of funding, and inventory efficiency with operating performance companies in Indonesia. uses 132 annual financial report data from 2004 to 2016. The research model was tested Seemingly Unrelated Regression (SUR) estimated using Feasible Generalized Least Squares (FGLS). Based on test results, there is a correlation error term equation systems so that use SUR correct. results showed more efficient higher company aggressive funding company. does not support where holds high realize demand market.