42 research outputs found

    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)

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    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)

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    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

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

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    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 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)

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    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)

    Pengaruh Return On Asset, Current Ratio Dan Institusional Ownership Terhadap Dividend Payout Ratio Dengan Debt To Equity Ratio Sebagai Variabel Intervening (Studi pada Perusahaan Industri Barang Konsumsi yang Terdaftar dalam Bursa Efek Indonesia Periode 2011-2017)

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    ABSTRACT Investor expect investments made in companies getting dividends and capital gains. Dividend Policy is an act of corporate decisions on the distribution of dividends or retained earnings for investment companies to come. This study aimed to analyze the Influences of return on assets, Current Ratio and Institutional Ownership of the Dividend Payout Ratio with Debt To Equity Ratio as an intervening variable. The data analysis technique uses Multiple Linear Regression. This study has 133 samples but 38 of outlier samples. The result shows that only 95 samples can be used by using purposive sampling method. This study uses data source from financial statements which are collected from Indonesian Stock Exchange period of 2011-2017. The result of this research shows that Debt to Equity Ratio has significantly negative influence on the Dividend Payout Ratio, Return on Assets has significantly negative influence on the Debt to Equity Ratio, Current Ratio has significantly negative influence on the Debt to Equity Ratio, Institutional Ownership has significantly positive influence on Debt to Equity Ratio, Return on Assets has significantly positive influence on the Dividend Payout Ratio, Current Ratio has insignificant negative influence on the Dividend Payout Ratio, Institutional Ownership has insignificant negative influence on the Dividend Payout Ratio. Keywords: Return on Assets, Current Ratio, Institutional Ownership, Dividend Payout Ratio, Debt To Equity Rati

    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)

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    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 PENGARUH ROE, CURRENT RATIO, SIZE, DAN KEPEMILIKAN INSTITUSIONAL, TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL INTERVENING (Studi pada Perusahaan Properti & Real Estate yang Terdaftar di BEI Tahun 2011 - 2016)

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    This research was conducted to examine the effect of Firm’s Value that valued by Price to Book Value (Price to Book Value) from Profitability (Return On Equity), Liquidity (Current Ratio), Size of Firms (Size), and Institutional Ownership (K_INST), and with Capital Structure (DER) as the mediatior variable. We use Property and Real Estate firms that listed on Indonesia Stock Exchange (IDX) through period 2011-2015 and 2012-2016 with signaling theory as a sample of the research and based on purposive sampling, we selected 41 firms as the sample of this research. We are using path analysis to examine the effect, and using analytical methods, classical assumptions test that consist of normality test, multicollinearity test, model fit, and residual covariance test. The Result shows that simultantly using path analysis, ROE and Size have affected DER, and contrast with Institutional Ownership and CR which doesnt. With value of c.r of -3,882 from ROE proven that ROE have negative effect toward PBV. In other hand, PBV affected with positive effect from Size with 6,098 points of c.r value. Significant relation occured from DER with 0,018 p value and -2,357, also CR with 0,020 and -2,329 c.r. Non-significant relation occured with ROE, Size, and Institutional Ownership with p value 0,262, 0,966, and 0,709. Also, DER can mediate the relation between ROE through PBV with p sobel’s value 0,0439. This research also found that with adjusted r-square, DER have 14,2% described with the variables, followed by PBV that have described by ROE, CR, Size, Institutional Ownership, and DER by 10,8%

    ANALISIS FAKTOR-FAKTOR YANG BERPENGARUH TERHADAP PROFITABILITAS PERBANKAN (Studi Perbandingan Bank Devisa dan Bank Non Devisa di Indonesia periode 2010-2014)

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    This research aims to analyze the influence of Net Performing Loan Ratio, Third Parties Fund, Loan To Deposit Ratio, Operating Expenses to Operating Income, and Fee Base Income towards Return On Asset Bank. The object of this research are National Private Bank Foreign Exchange and National Private Bank Non Exchange between the year 2010-2014, so that another purpose of is research is to determine whether there are different is influence of NPL, DPK, LDR, BOPO, and FBI againts ROA between National Private Bank Foreign Exchange and National Private Bank Non Foreign Exchange. The Examine the research hypothesis is used Multivarite Linear Regression Method. To Asses the Goodness of fit in a model, it does a measurement of determination cofficient, F significtion test, and T signification test. To find out wheter there differences in the influence of NPL, DPK, LDR, BOPO, and FBI towards ROA between National Private Bank Foreign Exchange and National Private Bank Non Foreign Exchange and test different independent variable. This research conclude that NPL. DPK, LDR , BOPO, and FBI influence the ROA at both National Private Bank Foreign Exchange and National Private Bank Non Foreign Exchange simultantly, In National Private Bank Foreign Exchange, independent variable that influence the ROA is DPK and BOPO, while National Private Bank Non Foreign Exchange variable that influence the ROA is the NPL, DPK, and BOPO. Based on Chow-test, It can be conclude that there is significant different between National Private Bank Foreign Exchange and National Private Bank Non Foreign Exchange in tern of the influence of NPL, DPK, LDR, BOPO, and FBI toward ROA and test different independent variabel there is DPK,BOPO, and FBI

    ANALISIS PENGARUH RETURN ON EQUITY, FIRM SIZE, CURRENT RATIO DAN INSTITUTIONAL OWNERSHIP TERHADAP DIVIDEND PAYOUT RATIO DENGAN DEBT TO EQUITY RATIO SEBAGAI VARIABEL INTERVENING

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    Penelitian ini bertujuan untuk menguji pengaruh variabel return on equity, firm size, current ratio dan institutional ownership terhadap dividend payout ratio dengan debt to equity ratio sebagai variabel intervening. Pengambilan sampel menggunakan purposive sampling. Data diambil dari ICMD. Uji kelayakan model menggunakan uji multikolonieritas, uji koefisien determinasi dan uji signifikansi. Teknik analisis menggunakan analisis jalur dan sobel test. Hasil penelitian ini menunjukkan bahwa current ratio dan institutional ownership berpengaruh negatif signifikan terhadap debt to equity ratio, firm size dan current ratio berpengaruh positif signifikan terhadap dividend payout ratio, debt to equity berpengaruh negatif signifikan terhadap dividend payout ratio serta debt to equity ratio mampu memediasi pengaruh current ratio terhadap dividend payout ratio dan pengaruh institutional ownership terhadap dividend payout ratio

    PENGARUH DPK, CAPITAL ADEQUECY RATIO (CAR) , IMBAL HASIL SERTIFIKAT BANK INDONESIA SYARIAH (SBIS), IMBAL HASIL SERTIFIKAT INVESTASI MUDHARABAH ANTAR BANK SYARIAH (SIMA), DAN NON PERFORMING FINANCING (NPF) TERHADAP FINANCING TO DEPOSIT RATIO (FDR) (STUDI PADA BANK UMUM SYARIAH TAHUN 2006-2010)

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    Tujuan dari penelitian ini untuk menganalisis pengaruh Dana Pihak Ketiga, Capital Adequacy Ratio, Imbal Hasil Sertifikat Bank Indonesia Syariah (SBIS), Imbal Hasil Sertifikat Investasi Mudharabah Antarbank Syariah (SIMA), dan Non Performing Financing (NPF) terhadap Financing to Deposit Ratio (FDR) pada Bank Umum Syariah (BUS).Simpulan dari penelitian ini adalah variabel LnDPK, CAR, Imbal Hasil SBIS, Imbal Hasil SIMA, dan NPF secara bersama-sama berpengaruh terhadap FDR dan secara parsial yang berpengaruh secra signifikan adalah CAR, Imbal Hasil SBIS, dan NPF, sedangkan variabel CAR dan Imbal Hasil SIMA tidak berpengaruh terhadap FDR
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