36 research outputs found

    Faktor-Faktor yang Mempengaruhi Struktur Modal pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia

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    The purpose of this research is to investigate the factors (i.e profitability, free cash flow, business risk and liquidity) effecting the capital structure companies in  mining sector listed in Indonesian Stock Exchange.The population of mining sector is 30 companie. Due to data availability only13 companies are selected as a sample. Using multiple regression method, data are analized and interpreted. The result shows that simultaneously profitability, free cash flow, business risk and liquidity have significant effect on the capital structure. Partially, free cash flow, business risk and liquidity have significant effect on capital structure,while profitability does not. The model is able to explain the variability of dependent variable as much as 13,7% whereas the remaining 86,3% can be explained by other factors which is not included in the model

    Analisis Pengaruh Rasio Lancar, Rasio Perputaran Total Aktiva, Debt to Equity Ratio, Return on Equity, Dan Earning Per Share Terhadap Return Saham Perusahaan Sektor Infrastruktur, Utilitas, Dan Transportasi Yang Terdaftar Di Bursa Efek Indonesia Periode 2

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    The objective of this research is to examine the effect of current ratio, total asset turnover, debt to equity ratio, return on equity, and earning per share to stock return of infrastructure, utility, and transportation on Indonesia Stock Exchange period of 2007-2011. Independent variables used on this research are current ratio, total asset turn over, debt to equity ratio, return on equity, and earnings per share whereas stock return as dependent variable. Data resources on this research are secondary data. There are 15 stock company samples used on this research which were taken by using purposive sampling technique. The research methods used on this research are multiple regression and hypotheses test using t test and F test. Based on t test, current ratio, total asset turn over, debt to equity ratio, and earnings per share is not significance to stock return. Return on equity influences to stock return positively and significantly. Based on F test, simultaneously current ratio, total asset turn over, debt to equity ratio, return on equity, and earnings per share not influence to stock return

    Analisis Efisiensi Manajemen Modal Kerja terhadap Profitabilitas PT. Pusri Palembang Sebelum dan Setelah Spin-off

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    The objectives of this research are to determine the effect of the current ratio (current ratio-CR), accounts receivable turnover (turnover Receivable-RTO), inventory turnover (Inventory turnover-ITO) and working capital turnover (Working capital turnover - WCTO) to profitability (Return on assets - ROA) PT. Pusri Palembang. The population of this research is the data monthly financial report period 2009-2012. Sampling method used was purposive sampling. The data analysis technique used is multiple linear regression. The results of the study showed that partial variable current ratio and the receivables turnover has no effect on profitability (ROA) while inventory turnover and working capital turnover has a positive effect on profitability (ROA). While the results of the study showed that the variables simultaneously CR, RTO, ITO and WCTO significant positive effect on profitability (ROA) with the R-square coefficient of determination (R2) of 0.763. This means that 76.3% of the dependent variable, namely ROA is affected by the independent variable CR, RTO, ITO and WCTO, while the remaining 23.7% is influenced by other factor

    Pengaruh Loan To Deposit Ratio (Ldr), Nonperforming Loan (Npl) dan Net Interest Margin (Nim) terhadap Pertumbuhan Pinjaman USAha Kecil dan Menengah Bank Pembangunan Daerah

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    This study is aimed at determining the effect of liquidity ratio (LDR), asset quality ratio (NPL) and the net interest margin (NIM) to growth of Small and Medium Enterprises (SME) loans from local banks (BPD). The study uses purposive sampling method in determining the sample. Out of 26 local banks in Indonesia, six are selected as samples for this study. Multiple regression used to analize the data shows that LDR and NIM have a positive effect on the growth of SME loans from local bank while NPL has a negative effect on the growth. Simultaneous analysis shows combined effect of LDR, NPL and NIM on the growth of SME loans is significant. The coefficient of determination (R2) of relationship between the three variables on the growth of SME loans from BPD is 0,298. It means that the LDR, NPL and NIM have about 30% influences on the growth of SME loans

    Kinerja Reksa Dana Saham Pasca Krisis Subprime Mortgage

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    The purpose of this study is to analyze the performance of mutual funds shares after the subprime mortgage crisis. The population in this study are 55 mutual funds shares of 34 mutual funds investment managers who are issuing shares and mutual funds in the capital market. The sampling technique in this study uses a non-probability sampling which is a kind of purposive sampling based on certain criteria. Based on the criteria are obtained as many as 20 mutual funds. In addition, this study also uses quantitative analysis techniques, namely the analytical technique in the calculation of the performance of a portfolio of index mutual funds by Sharpe, Treynor and Jensen. The result shows that during the observation period, namely the post-crisis Subprime Mortgage, of 20 mutual funds are included in the study criteria, there are quite a lot of mutual fund shares are able to rebound and its performance are able to outperform the market as compared with mutual funds which are underperform

    Keputusan Investasi, Pendanaan, Dan Dividen Terhadap Nilai Perusahaan Dengan Risiko Bisnis Sebagai Variabel Mediasi

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    This study aimed to analyze: the effect of investment decisions on firm value, the role of business risk as amediating effect investment decisions on firm value, the effect of financing decisions on firm value, the role ofbusiness risk as a mediating effect decisions financing on firm value, effect of dividend decisions on firm value,the role of business risk as a mediating effect dividend on firm value the effect of business risk on firm value.The research was conducted in the companies listed in Indonesia Stock Exchange (IDX). The observationperiod was 2009-2011. Based on the criteria population defined, the sampling method was census. The numberof analyzed samples were 18 companies. Data analysis was path analysis. The research findings were: theinvestment decisions could increase firm value, business risk did not have mediating effect on relationshipbetween investment decisions and firm value, the funding did not increase firm value, business risk as a fullmediation had an effect on relationship of funding and firm value, dividend decision did not have effect onfirm value, business risk did not have mediating effect on relationship between dividend decisions and firmvalue, business risk could increase firm value

    Risk perception and psychological behavior of investors in emerging market: Indonesian stock exchange

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    Capital market functions as a mediator between parties who have excess funds that is, investors and those who need the funds that is, emitents. Decision to sell and buy shares of a financial asset is very strategic decision for investors because it is associated with the chances of return to be earned in the future. The objective of this paper is to investigate the investor\u27s psychology on buying and selling common stock in the stock exchange in emerging market. The specific purpose of this research is to provide the simultaneous empirical evidence about the perception of risk, psychology aspects towards the confidence and performance. The sample consists of 100 individual investors in Palembang, South Sumatera, Indonesia. The data were collected during March-May 2016 using questionnaire. Research findings show that perception of risk and psychology significantly affect confidence. Furthermore, confidence has a significantly positive impact on performance. This research has not been explained entirely towards the investor\u27s psychological behavior aspects, so the additional variable may be needed as the full reflection of investor\u27s psychology. The further research may use experimental study, starts from buying stocks, and factors that can be considered in selling stock
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