ANALISIS PENGARUH RETURN ON ASSET, PERTUMBUHAN ASSET, PERTUMBUHAN PENJUALAN, MANAGERIAL OWNERSHIP DAN ARUS KAS OPERASI TERHADAP STRUKTUR MODAL/DEBT TO EQUITY RATIO (Studi Kasus Pada Perusahaan Manufaktur Yang Listing Di BEI Periode Tahun 2006-2009)

Capital structure is the balance between the amount of long-term debt with equity . This research is used to test the influence of variables ROA, asset growth, sales growth, managerial ownership and cash flows of the DER. The sampling technique used in this study was purposive sampling criteria (1) Companies listed as the issuer until the year 2009, (2) Companies listed on the BEI is a manufacturing company, (3) actively traded stocks from the issuer during the observation period of year 2006 -2009, (4) Publish the complete financial statements from 2006-2009, and (5) It says the cost of sales. Provided the number of samples of 64 observations of the 151 companies listed on the BEI. The analysis technique used is multiple linear regression with least square equations and hypothesis testing using t-test to test the partial regression coefficient and significance test to examine the influence of f-test together with the level of significance of 5%. In addition, it also should include the classical assumption that normality test, multicollinearity, autocorrelation test and heterokedasitas test. From the analysis shows that the variable ROA significant negative effect on DER, asset growth significant positif effect on DER, sales growth is positif not significant to DER, managerial ownership is significantly negative effect on the DER and the variable has a significant positive cash flow of DER. The average DER of 86.48%, the average ROA of 7.8%, the average asset growth of 12.36%, average sales growth of 15.40%, the average managerial ownership of 5, 41% and the average operating cash flow amounting to 13,22%

ANALISIS PENGARUH RETURN ON ASSET, CURRENT RATIO, DEBT TO EQUITY RATIO, SALES GROWTH, DAN TOTAL ASSET TERHADAP DIVIDEND PAYOUT RATIO (Studi Empiris pada Perusahaan Manufaktur yang Listed di BEI 2006-2009)

This research was conducted to examine the influence of the company's financial performance through the Return On Assets (ROA), Current Ratio (CR), Debt to Equity Ratio (DER), Sales Growth, and Total Assets of Dividend Payout Ratio (DPR) manufacturing companies listed in Indonesia Stock Exchange (BEI) in the period 2006 to 2009. The problem of this research is due to the contradiction between the theory with the facts about the influence Return On Assets (ROA), Current Ratio (CR), Debt to Equity Ratio (DER), Sales Growth, and Total Assets of Dividend Payout-year observation period 2006 to 2009. The sampling of this study using purposive sampling method, a sample of 11 companies that match the criteria specified by the study period 2006-2009, data obtained from the Indonesian Capital Markets Directory and the Annual Report of the company. The analytical method used is multiple regression with a quadratic equation of the smallest and hypothesis test using the t-statistic for testing the partial regression coefficient and F-statistics to test the effect of simultaneously. In addition, previously also tests the classical assumption that includes testing normality, multicollinearity test, test Heteroskidastity, and the autocorrelation test. The results showed that there were no deviation with classical assumptions, this suggests that the available data has been fulfilling the requirements for use of multiple linear regression model. The resulting regression equation DPR = 41.314 + 1.146 ROA - 5.323 CR - 4.859 DER -20 451 GROWTH - 0.012 ASSET + e. From the analysis shows partial results that ROA variable has positive and significant impact on the Parliament. Variable CR, DER, and Growth significantly and negatively related to the House of Representatives. Asset variable has a negative but not significant to the House of Representatives. Simultaneously , Current Ratio, Debt to Equit Ratio, Sales Growth, and Total Asset and significant effect on DPR. Then the results of regression estimates indicate predictive ability of the 5 independent variables of DPR by 29% while the rest 71% influenced by other factors outside the model that has not been included in this analysis

ANALISIS PENGARUH SALES, ASSET, CURRENT RATIO DAN RETURN ON EQUITY TERHADAP RETURN SAHAM DENGAN DIVIDEN PAYOUT RATIO SEBAGAI VARIABEL INTERVENING (Studi Kasus Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2013-2017)

Investors when investing in a company in addition to expecting dividends, also expect returns in the form of capital gains. Investors need information on the performance of the company both in the form of fundamental and technical data in making investment decisions, there are fluctuating changes in dividend payout ratio and stock returns in manufacturing companies in the period 2013-2017 affect the investment decisions of investors. Many studies produce different results about the factors that influence stock returns. The question arises: first, what determinant factor influences the dividend payout ratio. Are stock returns influenced by sales, assets, current ratio or return on equity. Second what determinant factor influences the stock return. Are stock returns influenced by sales, assets, current ratio, return on equity or dividend payout ratio. Third, is the dividend payout ratio a mediating variable from the influence of sales, assets, current ratio, return on equity on stock returns. This study was conducted to answer both questions. The theory used in this study are: the residual theory of dividends, bird in the hand theory and signaling theory. This research uses purposive sampling as many as 34 manufacturing companies listed on the Indonesian stock exchange in 2017. The data used waspanel data from 2013-2017. The analysis uses a regression model with dividend payout ratio as an intervening variable. The results of this model are expected to make a new contribution to the field of financial management. The main findings of this study are: the influence of sales, current ratio and return on equity, which have a significant positive effect on the dividend payout ratio, while assets do not significantly influence the dividend payout ratio. Return on equity and dividend payout ratio have a significant positive effect on stock returns, while sales, assets and current ratios do not significantly influence stock returns. The dividend payout ratio is able to mediate the effect of sales and return on equity on stock returns

PENGARUH CAR, PEMBIAYAAN, NPF, DAN BOPO TERHADAP ROA BANK UMUM SYARIAH DI INDONESIA PERIODE 2010-2015

This study aimed to examine the effect of Capital Adequacy Ratio (CAR), Financing, Non Performing Financing (NPF), dan BOPO to profitability proxied by Return on Assets (ROA) in Islamic Banks in Indonesia 2010-2015 . The data used in this study were obtained from the Semester Financial Report for the 2010-2015 term Islamic Banks. The population in this study were 12 Islamic Banks in Indonesia. The selection of the sample using purposive sampling technique. After passing through purposive sampling stage, there are 3 samples Islamic Banks decent used namely Bank Muamalat Indonesia, Bank Syariah Mandiri, and Bank Bukopin Syariah. The analysis technique used in this study using multiple linear regression with the purpose to obtain a comprehensive picture of the relationship between variables. While the classical assumption used this research include multicolinearity, autocorrelation test, homoskedastisitas test, and test for normality. The results showed that the Capital Adequacy Ratio (CAR) have a negative and significant effect on ROA Islamic Banks. Financing variable positive and significant impact on ROA Islamic Banks. While NPF and BOPO have a negative and significant effect on ROA Islamic Banks. Predictive ability of the four variables on ROA of 96.1%, while the rest is not influenced by other factors included in the research model. The result is expected to be a guideline for the management of Islamic Banks in managing the company

ANALISIS PENGARUH STRUKTUR MODAL, UKURAN PERUSAHAAN DAN LIKUIDITAS TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING (Studi pada Perusahaan Consumer Goods yang terdaftar di BEI pada Tahun 2012-2016)

This study aims to analyze the factors that affect firm value (PBV) in consumer goods company that is listed on the Indonesia Stock Exchange period of 2012-2016. Independent variables used in study are capital structure (DER), firm size, liquidity (CR) and profitability (ROE) as an intervening variable. The population used in this study are all companies engaged in consumer goods company which is listed on Indonesia Stock Exchange (IDX) period of 2012-2016. Sampling in this study using purposive sampling which resulted in a sample into 30 companies of consumer goods sectors. The analysis technique used is Path Analyst which is a development of the bivariate and multiple regression analysis. The results of this study showed that firm size and liquidity have a positive effect and significant to profitability, capital structure has a negative effect and insignificant to profitability. Profitability and firm size have a positive effect and significant to firm value. Capital structure and liquidity have a positive effect and insignificant to firm value. Profitability is able to mediate the effect of firm size and liquidity on firm value. But profitability is not able to mediate the effect of capital structure on firm value

ANALISIS PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER), RETURN ON ASSETS (ROA) TERHADAP PRICE TO BOOK VALUE (PBV), DENGAN DIVIDEND PAYOUT RATIO SEBAGAI VARIABEL INTERVENING (Studi Kasus pada Perusahaan Industri Manufaktur yang Terdaftar di BEI Periode 2011-2014)

Price to book value is one of the variables used by investors to make investment decisions. Judging from the information value of book value per year and also the ratio of the previous year in the independent variable so that investors can determine the pace of further investment. This study aimed to analyze the influence of Current Ratio, Debt to Equity Ratio, Return on Assets to Price to Book Value by using the Dividend Payout Ratio as an intervening variable in the manufacturing industry sector companies listed on the Stock Exchange 2011-2014 period. This study uses 24 manufacturing companies listed in Indonesia Stock Exchange (BEI) during the period 2011-2014 as the sample. Determination of the samples was done by purposive sampling method. The analysis technique used is regression analysis and path analysis. Furthermore, Sobel test is used to test the strength in the interest of the indirect effect of independent variables on the dependent variable by an intervening variable. The results showed that CR has negative effect and not significant on PBV, while DER has significant positive effect on PBV. ROA has significant positive effect on PBV and DPR has significant positive effect on the DER. Furthermore, Sobel test results show that DPR cannot mediate the effect of CR on PBV and also DPR cannot medi; ate the effect of DER on PBV while DPR can mediate the effect of ROA on PBV

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN (Studi Kasus Pada Perusahaan Yang Terdaftar Dalam Indeks LQ-45 Periode 2011-2014)

Firm value is a depiction of how success is a firm in running their business. Therefore, this research is conducted to analyze the effect given by some factors such as Profitability (ROE), Leverage (DAR), and Firm Size (Size), and Price Earning Ratio (PER) to Firm Value (PBV) on the company that registered in the LQ-45 index between 2011-2014 period. The sample in this research are 22 companies that always exists on the LQ-45 index between 2011-2014 period. The sampling method used is purposive sampling. The data in this research obtained from the companies’ annual report. Data analysis in this research done with multiple linear regression method. The result from this research showed that Profitability, Firm Size, and Price Earning Ratio have positive significant effect to Firm Value; while Leverage has a negative significant effect to Firm Value. The adjusted R2 score of 0,907 showed that ROE, DAR, Size, and PER have 90,7% to PBV, while the other 9,3% are determined by another variable

ANALISIS PENGARUH DER CR DAN TATO TERHADAP PBV DENGAN ROA SEBAGAI VARIABEL INTERVENING (Studi pada Perusahaan Properti dan Real Estate yang Terdaftar pada BEI Tahun 2011 – 2014)

The aim of this research is to identify and analyze the determinant of Price to Book Value (PBV) in Property and Real Estate Firm which is listed on Indonesia Stock Exchange (IDX) period of 2011-2014. Price to Book Value (PBV) is dependent variabel in this research. There are three independent variables that used, which are Debt to Equity Ratio, Current Ratio, Total Asset Turnover, and an intervening variabel which is Return on Asset. The population used in the study is all companies engaged in Property and Real Estate Firm which is listed on Indonesia Stock Exchange (IDX) period of 2011-2014. Therefore total population obtained is 35 companies. Sampling in this study using purposive sampling which resulted in a sample into 26 companies of Property and Real Estate sectors. Data analysis method used multiple linear regression analysis and using classical assumption test with path analysis using SPSS program. The result of this research show that Current Ratio (CR) has negative influance not significant to Price to Book Value (PBV), Debt to Equity Ratio (DER), Total Asset Turnover (TATO), and Return on Asset (ROA) have positive influance significant to Price to Book Value (PBV). Return on Asset (ROA) can mediate influance beetwen variable independent Debt to Equity Ratio (DER) andTotal Asset Turnover (TATO) to Price to Book Value (PBV). But Return on Asset (ROA) can not mediate influance beetwen Current Ratio (CR) to Price to Book Value (PBV)

ANALISIS PENGARUH BOPO, LDR, NPL, SIZE, CAR, DAN NIM TERHADAP ROA (Studi pada Bank Umum Konvensional yang Listing di Bursa Efek Indonesia Periode 2009-2013)

Financial performance has become one of the considerations about the condition of a bank. Many factors affect the financial performance of a bank. Therefore, this study examines the effect of Operating Expenses Operating Income (ROA), Loan to Deposit Ratio (LDR), Non Performing Loan (NPL), Size, Capital Adequacy Ratio (CAR) and Net Interest Margin (NIM) of the Return On Asset ( ROA) in conventional commercial banks in Indonesia 2009-2013. The sample used in this study consists of 24 conventional commercial banks listed on the Indonesian Stock Exchange (BEI) 2009-2013. This study used the purposive sampling method. Data obtained from the Indonesian Capital Market Directory (ICMD) and Annual Report. Data analysis method used is multiple linear regression analysis which is previously performed classical assumption, such as normality test, multicollinearity test, autocorrelation test, and heteroskedastisitas test. Hypothesis testing by using the F test and t test. The Results from this study indicates that BOPO , NPL , LDR and CAR significant negative effect on ROA . Size and NIM significant positive effect on ROA . The amount of determination degree test (Adjusted R Square ) is equal to 0.784 , that means the independent variable such as ROA, LDR , NPL , Size , CAR and NIM have the impact on ROA of 78.4 % . Meanwhile , the remaining 21.5 % is explained by other variables outside the model of this study

ANALISIS FAKTOR – FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING (Studi pada Perusahaan Manufaktur yang Listed di BEI Tahun 2008 – 2011)

Firm Value is one of the factors are considered by investors for making investment decisions. Research of the factors that affect the firm value being researched by Dossugi (2011), Hermawati (2011), Sulistyawan (2005), and Jatismara (2011) still shows adanta differences in outcomes research. Also based on the data available, there are differences regarding the direction of the relationship factors that influence the firm value. Therefore, it still needs to be done further research on the factors that affect the firm value. This study examined the effect of Total Asset Turnover (TATO), Sales growth (SG), Net Profit Margin (NPM) on Return on Assets (ROA) and the influence of Total Asset Turnover (TATO), Return on Assets (ROA), Net Profit Margin (NPM) of the Price Book Value (PBV) in the manufacturing companies listed on the Indonesia Stock Exchange (BEI) in the period from 2008 to 2011. The sample used in this study consisted of 71 manufacturing companies listed on the Indonesia Stock Exchange (BEI) in the period from 2008 to 2011. Sampling was done by purposive sampling method. Data obtained from the Indonesian Capitan Market Directory (ICMD) and the Annual Report of the company. The analysis technique used is multiple regression analysis and Path Analysis with the help of SEM. The results showed that the Total Asset Turnover (TATO) significant positive effect on return on assets (ROA) and Price Book Value (PBV .Based on Path Analysis Total Asset Turnover (TATO) indirectly influence the Price Book Value (PBV) through the Return on Assets (ROA). Sales growth (SG)have no significant negative effect on Return on Assets (ROA). Net Profit Margin (NPM) a positive effect on return on assets (ROA) and negative effect on Price Book Value (PBV) .Based on Path analysis Net Profit Margin (NPM) indirectly influence the Price Book Value trough the Return on Asset (ROA