The influence of current ratio, debt to equity ratio, and return on assets on dividend payout ratio

Purpose: This study aimed to determine whether the current ratio, debt to equity ratio, and return on assets affected the dividend payout ratio of mining companies listed on the Indonesia Stock Exchange for the 2016-2018 period. Research Methodology: The research method used in this study was an explanatory method. The sampling technique used in this study was non-probability sampling with a purposive sampling technique so that the total sample size was 34 mining companies listed on the Indonesia Stock Exchange for the period 2016-2018. The analysis method used in this research was panel data regression analysis using Eviews 9. Results: The results showed that the current ratio, debt to equity ratio, and return on assets affected the dividend payout ratio. In addition, the research results also showed that the magnitude of the influence of the current ratio, debt to equity ratio, and return on assets in contributing to the dividend payout ratio was 51.5%. Limitations: The study was limited to only a few factors, namely the current ratio, debt to equity ratio, and return on assets to the dividend payout ratio. Contribution: This research is expected to be of benefit to the company in determining the policy of dividend distribution from several financial performance factors including current ratio, debt to equity ratio, and return on assets

PENGARUH PERUBAHAN PERINGKAT OBLIGASI, TINGKAT SUKU BUNGA BI, PERTUMBUHAN PDB, KURS RUPIAH TERHADAP PERUBAHAN HARGA OBLIGASI KORPORASI YANG LISTING DI P.T BEI PADA PERIODE 2002-2007

Capital market plays an important role in an economiy. It aimed at establishing a facility for industries and entities to meet their demand for capital and to offer their excess of fund. It is expected that capital market could become a public instrument to support economic development. Bond rating could provide investors with information about the quality and the risk of a bond. The higher the rating the safer the bond is. Changes in bond rating therefore are expected to affect bond price. Beside that macroeconomic indicators such as economic growth, inflation, and foreign exchange could also affect bond price. This study aimed at finding the effect of bond rating changes and indicator of macro economy such as interest rate, economic growth, exchange rate, and inflation rate on the bond price change in Indonesia Stock Exchange market. Multiple Regression analysis is applied to the data of bonds rated by PT. PEFINDO and listed at PT. BEI (BES, in previously) in 2002 to 2007. The results shows that (1) rating change influence the bond price positively and significantly. Therefore, it can be use as a determinant of bond price change in the future, (2) the macroeconomic factors such as interest rate, exchange rate, and inflation rate affect the bond price significantly with negative signs, (3) Economic growth influence bond price negatively. It is shows that, increase in GDP does not effect bond price because Indonesian investors prefer to use their income for consumption rather than saving or investing. The reverse sign of GDP growth might also be resulted from the oil price increase in the observation period. It also shows that bond as an investment instrument is still not well-known to common people

Student-investor’s behaviour in investment decision making (A study of Widyatama University students)

This research aims to test the student-investors' behavior in making investment decisions. Information derived from rumors and news is used to test decisions made by students-investors. The data for this study is obtained through questionnaires distributed to a sample of 83 respondents out of a total population of 104 Widyatama University students enrolled as an active investor in Indonesia Stock Exchange. The sampling is made using purposive random sampling method to meet the criteria established by the researchers. The results show that the rumors and news information has positive influence on decisions made by the student-investor.Using this theoretical framework, it is concluded that the behavior of student-investors in making investment decisions is consistent with those much more experienced investors on the Exchange

The Effect of Supply Chain Management on Indonesian Pharmaceutical Industry

The objective of this research is to inspect the consequence of effective SCM in terms of delivery, after-sales services and responsiveness on customer retention along with the mediating role of customer relationship on the Indonesian Pharmaceutical company. 5point Likert scale is used to collect the data. Random sampling technique is used on the 200 respondents from Indonesian medical officers. PLS3 is used to analyze the data. The findings of this concluded aftersales services, deliveries and responsiveness have been positively significant associated to CR and also customer relationship positively influenced on C. retention. The study gives to fill the lack of investigation on the SCM service to the C. retention between general consultants from Indonesian private consulting room

Pengaruh Kinerja Keuangan Terhadap Return Saham Perusahaan Sub Sektor Properti dan Real Estate tahun 2013-2017

Perkembangan ekonomi di Indonesia terus mengalami peningkatan dan diyakini membaik karena salah satu faktor yaitu didukung oleh pasar modal yang berkembang pesat setiap tahunnya. Investasi dilakukan oleh investor karena mempunyai tujuan untuk memperoleh suatu keuntungan. Dalam konteks manajemen investasi, tingkat keuntungan disebut sebagai return. Investasi yang dilakukan investor dapat berupa berbagai berbentuk instrumen keuangan di pasar modal, namun instrumen keuangan yang paling dikenal dan diminati yaitu saham. Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh profitabilitas dan struktur modal terhadap return saham. Rasio profitabilitas yang diproporsikan pada penelitian ini diukur dengan Return On Equity (ROE), dan struktur modal dapat diukur dengan Debt to Equity Ratio (DER). Penelitian ini merupakan penelitian eksplanatory dan menggunakan sampel dari perusahaan yang terdaftar di Bursa Efek Indonesia pada kelompok perusahaan jasa pada sektor property,  real estate dan konstruksi bangunan, dan pada sub property dan real estate. Hasil pengujian dapat disimpulkan bahwa profitabilitas dan struktur modal secara parsial berpengaruh terhadap return saham

Pemberdayaan Masyarakat Menuju Ke mandirian Masyarakat Dinas Sosial Kabupaten Cianjur

Pemberdayaan secara singkat dapat diartikan sebagai upaya memberikan kesempatan dan kemampuan kepada kelompok masyarakat untuk berpartisipasi, bernegosiasi, mempengaruhi, dan mengendalikan kelembagaan masyarakat secara bertanggung jawab atas perbaikan kehidupan. Pemberdayaan masyarakat merupakan salah satu program pemerintah desa dalam memanfaatkan semua sumber daya yang ada agar dapat berkembang serta dapat membantu proses kemajuan desa. Sasaran dalam program pemberdayaan masyarakat ini mencakup semua, mulai dari pemerintahan, kelembagaan, kesehatan, ekonomi masyarakat, teknologi, dan pendidikan. Perguruan tinggi dalam melaksanakan Tri Dharma Perguruan Tinggi Kewajiban menyelenggarakan penelitian dan pengabdian kepada masyarakat di samping melaksanakan pendidikan yang tertuang pada Undang Nomor 20 Tahun 2003 20 dan Undang-Undang Nomor 12 Tahun 2012 tentang pendidikan Tinggi pasal 45 menegaskan bahwa penelitian di perguruan tinggi diarahkan untuk mengembangkan ilmu pengetahuan dan teknologi, serta meningkatkan kesejahteraan masyarakat dan daya saing bangsa. Kami terpanggil mensosialisasikan pemberdayaan masyarakat dalam bidang ekonomi pada masyarakat yang berada di lingkungan Dinas Sosial Cianjur agar masyarakat paham mengenai harga pokok akan meningkatkan kesejahteraannya. Program-program Dinas Sosial Kabupaten Cianjur dalam pemberdayaan masyarakat terdiri dari ; Pemberdayaan masyarakat di bidang ekonomi , Pemberdayaan masyarakat di bidang kesehatan , dan pemberdayaan masyarakat di bidang pendidikan

PENINGKATAN KEMAMPUAN BERSAING MELALUI STRATEGI SALURAN PEMASARAN DAN MEREK KAFE USAHA MIKRO KECIL DAN MENENGAH (UMKM) DI KOTA BANDUNG

Strategi pemasaran membahas tentang pengambilan keputusan-keputusan terkait dengan biaya pemasaran, bauran pemasaran, alokasi pemasaran dalam hubungannya dengan keadaan lingkungan yang diharapkan dan kondisi persaingan. Wirausaha banyak menggunakan strategi bauran pemasaran saluran distribusi untuk memajang, menjual, atau mengirimkan produk dan jasa fisik kepada pembeli. Saluran distribusi langsung dilakukan melalui Internet, surat, atau telepon, atau saluran distribusi tidak langsung dengan menggunakan distributor, grosir, pengecer, dan agen sebagai perantara. Strategi bauran pemasaran yang lain juga banyak digunakan para Wirausaha adalah strategi merek. Beberapa pengusaha menganggap merek sebagai aset utama yang bersifat tetap, dan memiliki pengaruh positif tersendiri bahwa konsumen akan memberikan tanggapan untuk produk dan jasa dari merek yang mereka kenal.Pengalaman menjalankan usaha sejak tahun 2017 menjadikan mitra dikenal dikalangan penikmat minuman kopi yang dari waktu ke waktu selalu menjadi trend konsumen yang berorientasi pada gaya hidup tertentu. Usaha yang dijalankan saat ini tergolong se bagai usaha keluarga dimana seluruh kegiatan usaha mulai dari pengelolaan bahan baku, produksi, keuangan, dan penjualan termasuk aktifitas pelayanan kepada konsumen dilakukan oleh anggota keluarga pemilik Kafe. Meskipun mitra memiliki produk yang cukup beragam, dalam menjalankan usahanya saat ini mitra belum memiliki lokasi yang cukup strategis dan identitas produk untuk memaksimalkan penjualannya. Mengadapi situasi persaingan usaha mitra memerlukan strategi memperluas jangkauan penjualan dan merek sebgai identitas produk agar dapat memaksimalkan laba yang yang dinginkan.Permasalahan yang dihadapi mitra adalah kurangnya pengetahuan tentang saluran distribusi dan pentingnya Merk, sehingga dirumuskan oleh Kelompok PkM untuk berbagi pengetahuan kepada Mitra pelaku usaha Kafe tentang Marketing Strategi saluran Distribusi untuk melayani konsumen dan peran Merek sebagai identitas produk dalam situasi persaingan usaha Kafe. Keseluruhan kegiatan pengabdian ini mulai dari persiapan sampai dengan evaluasi dilakukan selama bulan November 2022 hingga Februari 2023, dikemas dalam bentuk penyuluhan yang dilaksanakan kepada wirausaha yang terdaftar secara resmi sebagai pelaku usaha katagori Usaha Mikro Kecil Menengah (UMKM) di kota Bandung. Aktivitas penyuluhan mencakup ceramah, diskusi, dan menawarkan desain logo sebagai merek usah

INFLUENCE OF OBLIGATION LEVEL CHANGES, INTEREST RATE, SBI, GROWING PDB, EXCANGE RATE RUPIAH-USD, AND INFLATION TOWARDS CHANGE OF CORPORATION OBLIGATION PRICE THAT LISTING ON PT BEI FOR PERIOD 2002-2007

Capital market plays an important role in an economiy. It aimed at establishing a facility for industries and entities to meet their demand for capital and to offer their excess of fund. It is expected that capital market could become a public instrument to support economic development. Bond rating could provide investors with information about the quality and the risk of a bond. The higher the rating the safer the bond is. Changes in bond rating therefore are expected to affect bond price. Beside that macroeconomic indicators such as economic growth, inflation, and foreign exchange could also affect bond price. This study aimed at finding the effect of bond rating changes and indicator of macro economy such as interest rate, economic growth, exchange rate, and inflation rate on the bond price change in Indonesia Stock Exchange market. Multiple Regression analysis is applied to the data of bonds rated by PT. PEFINDO and listed at PT. BEI (BES, in previously) in 2002 to 2007. The results shows that (1) rating change influence the bond price positively and significantly. Therefore, it can be use as a determinant of bond price change in the future, (2) the macroeconomic factors such as interest rate, exchange rate, and inflation rate affect the bond price significantly with negative signs, (3) Economic growth influence bond price negatively. It is shows that, increase in GDP does not effect bond price because Indonesian investors prefer to use their income for consumption rather than saving or investing. The reverse sign of GDP growth might also be resulted from the oil price increase in the observation period. It also shows that bond as an investment instrument is still not well-known to common peopl

THE INFLUENCE OF LEVERAGE FACTOR AS FINANCIAL POLICY INDICATOR TOWARD THE BOND RATING

The Securities Exchange has an important role in a country because it can create facilities for industrial requirements and all entities in fulJilling capital demand and supply. In Indonesia , the presence of securities exchange must still be continued to be expanded for attracting investor 's interest. In a securities exchange, in addition to stock, it is also traded bond. Stock investors generally use profitability valuation for determining of companies which would be utilized as its investing media, meanwhile bond investors generally provides for their focus on organization valuation which it will use as their investing media, there is capability to pay for loan. llerefore, the leverage factor is an important case on company because a good leverage (appropriate financial policy) will make an optimum financial structure for company's party, and in other side , an interesting leverage factor will increase bond investor 's interest. Based on above description, so the author performed a research on the Influence of Leverage Factor as Financial Policy Indicator toward the Bond Rating. This study was carried out in according to data obtained porn PT. Pefindo with number of samples as 16 bond data from 9 companies issuing bond in 2012from January until September. Furthermore, those data were processed until it is obtanined Rank Spearman correlation Sigures as -0,430 and it is interpreted that there is an intermediate correlation level. Furthermore, r,-count figure as this 0,430 is compared with rstable as -0,425 on 5% jkeedom degree and n = 16 ih fact is located within zero hyphotetical rejection area (Ho). Thus the zero hyphotesis that state leverage factor does not signrficantly have influences on bond rating, so that it can be rejected on 5% signrficance level. Therefore, the magnitude of leverage factor signijicantly has influence on bond rating. Meawhile, a negative value shows an inverse relationship pattern, that is, the higher bverage factor, so that bond rating will be lower one. The magnitude of leverage factor on bond rating is 18,49% and the remainder 81,51% are aflected by other factors

FAKTOR YANG MENENTUKAN INVESTOR DALAM PENGAMBILAN KEPUTUSAN PEMBELIAN SAHAM SEKTOR INDUSTRI FARMASI (STUDI KASUS TERHADAP INDUSTRI FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2013 – 2016)

Penelitian ini bertujuan untuk mengetahui pengaruh rasio keuangan terhadap nilai perusahaan farmasi yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2013-2016, baik secara parsial maupun simultan. Rasio keuangan yang diteliti yaitu: current ratio (CR), debt to equity ratio (DER), return on assets (ROA), total assets turn over (TATO) dan price earnings ratio (PER). Populasi dalam penelitian ini adalah perusahaan farmasi yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun 2013 sampai 2016. Sampel penelitian sebanyak 10 perusahaan farmasi yang diperoleh dengan teknik purposive sampling. Teknik pengumpulan data yang digunakan adalah dokumentasi. Analisis data dilakukan dengan teknik analisis data panel. Hasil penelitian menunjukkan bahwa secara parsial variabel ROA, TATO dan PER berpengaruh signifikan terhadap nilai perusahaan, sedangkan CR dan DER tidak berpengaruh signifikan. Secara simultan variabel CR, DER, ROA, TATO dan PER berpengaruh terhadap nilai perusahaan. Variabel CR, DER, ROA, TATO dan PER dapat menjelaskan nilai perusahaan pada perusahaan farmasi yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun 2013-2016 sebesar 82,65%