16 research outputs found

    The Influence of Liquidity, Solvency, and Exchange Rate to Company Profitability and It’s Implication to Stock Price at Mining Sector Company

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    This study aims to determine the effect of Liquidity, Solvency, and Exchange Rates on Stock Price, either directly or indirectly through Profitability. This research uses descriptive quantitative approach by using mining sector company listed in BEI period 2011-2015 as its object. Sampling method used is purposive sampling, so there are 11 companies that meet the criteria as a sample. This research proxy liquidity variable with cash ratio, solvency with debt to asset ratio, exchange rate with rupiah exchange rate to USD, profitability with return on asset. The estimation method used in this research is Structual Equation Modeling to test the research hypothesis. Based on the results of research indicate that Cash Ratio, DAR, and Exchange Rate does not directly influence Stock Price, while ROA has direct effect on Stock Price. Cash Ratio, DAR, and Exchange Rate have a significant effect on Stock Price through ROA as moderating variable

    ANALISIS KINERJA KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN LQ 45 GO PUBLIC DI BURSA EFEK INDONESIA

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    The purpose of this study is to analyze the financial performance of the company's stock return at LQ 45 go public in Indonesia Stock Exchange. Thecompany's financial performance is measured by using the Net Profit Margin(NPM), Total Assets Turnover (TATO), and Debt to Equity Ratio (DER). The population for this study is LQ 45 with a total sample of 20 companies.Collected data is processed using the technique of path analysis (path analysis). The results showed that the NPM has a direct positive influence on stockreturns with 41 path coefficient = 0.378 and 2.645 t NPM with significance ? of0.05, the significance of t ? Addressing NPM 37.8% effect on stock returns. Inthis study the effect on stock returns TATO has 41 beta coefficient = -0.001 witha significant level thitung TATO on stock return is -0.010 to 0.992 for ? so TATOhas no effect on stock returns. Based on the results of path coefficient analysis showed that DER directimpact negatively on the Stock Return with direct negative influence on 43path coefficient = -0.308. This means that if DER declining, stock returns willincrease.Keywords: Net Profit Margin (NPM), Total Assets Turnover (TATO), Debt to Equity Ratio (DER), and Stock Retur

    PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP HARGA SAHAM PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

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    ABSTRACTThis study aimed to analyze the effect of profitability and leverage to the price of property companies in Indonesia Stock Exchange 2011-2015 period. Samples in this study as many as nine companies. Sampling in this study using a purposive sampling. Data were analyzed using multiple linear regression analysis. The results show: Return on Investment is partially significant effect on stock prices. Where the higher the return on investment of a company's share price the company would be higher. Earning per Share significantly influence stock prices. Where the higher a company's earnings per share the company's share price will be higher. Debt to equity ratio and significant negative effect on stock prices. Where the results DER negatively affect the stock price. This suggests that the changes DER information can be obtained from the company's financial statements affect the decision of stock prices in the capital market.In simulation, Return on Investment, Earning Per Share and Debt to Equity Ratio simultaneously or together significantly positive effect on stock prices.Keywords: Profitability, Leverage and Stock Pric

    The Effect of Return on Assets, and Debt to Equity Ratio on Value of Automotive Sub Sector Companies in Indonesia Stock Exchange

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    The purpose of this study is to find out and test the influence of Return On Assets (ROA), and Debt to Equity Ratio (DER) on the value of automotive sub-sector companies on the Indonesia Stock Exchange (IDX) as measured by the Price Book Value (PBV) during 2015-2019. The research was conducted by observing and downloading financial statements and recording summaries in IDX. The research uses verification research with explanatory survey method. Sampling in this study uses purposive sampling method with secondary data in the form of annual report and summary of company performance that has complete financial data during 2015-2019 with a total of 12 companies samples. Data analysis method using data panel regression. The result is that (1) ROA affects the value of the company with a positive coefficient, (2) DER affects the value of the company with a positive coefficient. With these results, the company must adjust the financial ratios and use of debt so that the value of the company continues to increase

    The Influence of Fundamental and Macroeconomic Analysis on Stock Price

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    The purpose of this research is to analyze the effect of fundamental and macroeconomic analysis on stock price. The research was conducted at a coal company listed on the Indonesia Stock Exchange. Fundamental analysis measured by current ratio, debt to equity ratio (DER), earning per share (EPS), return on assets (ROA), and total assets turnover (TATO), while macroeconomic analysis is measured by inflation and exchange rate.  Current ratio (CR) has a positive effect on Stock Price. Strengthening this level of liquidity can provide information to investors to decide to buy shares of companies that tend to be healthy and stable. Return on assets (ROA) has a positive and significant influence on stock price. Efforts to maximize the level of profitability by increasing the value of return on assets can provide information to investors that investments invested in the company will provide good profit. The impact of stock prices will rise. While debt to equity ratio (DER), earning per share (EPS) and total assets turnover (TATO) have no effect on Stock Price.  Macroeconomic analysis shows: (a) Inflation rate has no effect on stock price of coal company. This can be because the inflation rate in Indonesia is at the level of 6% -7% per year and included in the category of mild inflation. Mild inflation resulted in very slow economic growth, not affecting stock prices. The exchange rate has a negative and significant effect on coal company stock price. If the Rupiah is depreciated then the stock price of the coal company will decrease

    TRAINING OF CREDIT PURCHASE INTERNAL CONTROL SYSTEM RELATED TO THE EFFECTIVENESS OF CREDIT PURCHASES IN KURNIA ABADI VILLAGE BUSINESS ENTITIES (BUMDES) IN TONJONG VILLAGE

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    An internal control system is needed by an organization in order to achieve organizational goals. The better the internal control system, the better the organization is running. Lending requires a good internal control system to avoid things that are not desirable. The objectives of this study is to analyze the internal control system for granting credit in relation to the 5c principle, the provision of credit to BUMDes Kurnia Abadi in Tonjong Village has been going well. The type of research used in descriptive research using primary data. The sampling method used in this research is the saturated sampling method. There were 10 people taken as the sample, which were all members whose names were written in the organizational structure of the BUMDes Kurnia Abadi management. The method of analysis of this research uses interview techniques, questionnaires and observations. The analytical tool used in this research is descriptive statistical analysis with the help of SPSS version 25 and a Likert scale. Several tests were carried out, namely descriptive statistical analysis, and data quality testing (validity and reliability tests). The results showed that the internal control system for granting credit was related to the 5c principle of providing credit to BUMDes Kurnia Abadi in Tonjong Village. However, in its operation, problems were still found, namely the existence of multiple positions carried out by members of the management

    PENGARUH KINERJA KEUANGAN TERHADAP PROYEKSI KEBANGKRUTAN PADA PERUSAHAAN SUB SEKTOR PERIKANAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2009-2016)

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    The purpose of this study is to determine and analyze the effect of financial performance on the projection of bankruptcy in the company of fishery sub-sector. This research was conducted by using secondary data of fishery sub-sector company period 2009-2016. In this study the amount of data taken is 5 companies for 8 years. The data analysis used multiple linear regression with the help of SPSS program. Liquidity there is no significant effect on the projection of bankruptcy. Profitability has no significant effect on bankruptcy projection. Solvency has no significant effect on bankruptcy projection. Activity there is significant influence to bankruptcy projection Together F test results can be known F value is positive marked 81.956 with a significance value of 0.000 0.05 thus this shows that the resulting regression equation is feasible to use, and liquidity factor, profitability , solvency and activity together have a significant positive effect on the projection of bankruptcy at companies listed in the stock exchange indonesia period 2009-2016

    PENGARUH TINGKAT SUKU BUNGA BANK INDONESIA, KUPON OBLIGASI, WAKTU JATUH TEMPO OBLIGASI, DAN NET PROFIT MARGIN (NPM) EMITEN TERHADAP HARGA OBLIGASI YANG TERDAFTAR DI IBPA TAHUN 2012 2016

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    The purpose of this research is to examine the influence BI rate, maturity, coupon bond, and net profit margin (NPM) emiten to bond prices which are listed in Indonesia Bond Price Agency (IBPA). The population has been obtained by using purposive sampling on emisi which are listed in Indonesia Bond Price Agency in 2012 - 2016 periods and based on the predetermined criteria 49 emisi have been selected as samples. The analysis method has been done by using multiple linear regression analysis and the SPSS (Statistical Product And Service Solutions) 23. The result of partial test shows that (1) BI rate, and coupon bond give influence to the bond price. (2) There is influence between BI rate (X1) , coupon bond (X2), maturity (X3), and Net Profit Margin (NPM) Emiten (X4) together with bond prices

    ROLE OF VILLAGE OWNED BUSINESS ENTITIES (BUMDES) TOWARDS INCREASING VILLAGE ORIGINAL INCOME IN BUMDES IN MEGAMENDUNG DISTRICT

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    One of the government's strategies to facilitate villages in increasing village original income is the issuance of Regulation of the Minister of Villages, Disadvantaged Regions and Transmigration Number 4 of 2015 concerning the Establishment, Management, Management and Dissolution of Village-Owned Enterprises which states that village governments can establish Village-Owned Enterprises (Village-Owned Enterprises). BUMDes). BUMDes is a business entity whose capital is wholly or mostly owned by the village through direct participation from village assets which are separated in order to manage assets, services, and other businesses for the greatest welfare of the village community. Conceptually for the Village Government if BUMDes can be managed properly, Village Original Income (PADes) will also increase. With the increase in village income, village development can be carried out in various sectors. Research on the role of BUMDes on PADes uses BUMDes Formation, BUMDes Capital, BUMDes type of business, BUMDes Management, BUMDes Organization, BUMDes Development, and BUMDes Impact. The purpose of this study is to analyze how the role of BUMDes as a commercial institution increases village original income and to analyze the obstacles faced in managing village-owned enterprises in villages that already have BUMDes in Megamendung sub-district. This research was conducted at BUMDes in Megamendung District. The sample used in this research is 3 villages that have invested in BUMDes capital, which are still running effectively until now and already have BUMDes , namely Sukamanah Village, Cipayung Girang Village and Cipayung Datar Village which were selected by purposive sampling method . The analytical method used is descriptive qualitative. The questionnaire data was tested using IBM SPSS 25 For Windows software using validity and reliability tests. The results of the study reveal the fact that the role of BUMDes in village original income (PADes) is very large. However, only Sukamanah BUMDes are able to increase PADes in Megamendung District while Maju Bersama and Cipayung BUMDes have not been able to increase PADes because BUMDes have just pioneered and invested in capital. Constraints in the management of BUMDes are human resources, business units do not operate properly, organizational structure, multiple positions and there is no BUMDes accounting syste

    ASSISTANCE OF VILLAGE EXPENDITURE GROWTH ON COMMUNITY EDUCATION GROWTH IN BABAKAN SADENG VILLAGE, LEUWISADENG DISTRICT

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    Resa Nurhidayat 022114146. The Effect of Village Expenditure Growth on the Growth of Community Education in Babakan Sadeng Village, Leuwisadeng District, Bogor Regency for the 2012-2016 Period. Under the guidance of H. Akhsanul Haq and Sigit Edy Surono.Based on the Regulation of the Minister of Home Affairs of the Republic of Indonesia Number 113 of 2014 concerning Village Financial Management, Village expenditures are all expenditures from village accounts which are village obligations within 1 (one) fiscal year which will not be repaid by the village. One form of the central government's concern for the village government is to increase the budget to improve the quality of life of the community, such as improving infrastructure, and educational facilities and infrastructure through the Village Fund Allocation (ADD). The increase in village spending is optimally used by the village government. This can be seen from the use of village funds, which are mostly used for infrastructure development, community empowerment and community development.This study aims to determine the effect of the growth of village spending on the growth of public education in Babakan Sadeng Village, Leuwisadeng District, Bogor Regency. The type of research used in this research is verification research with statistical analysis methods. The types of data in this research are quantitative and qualitative data and the data sources in this study are primary and secondary data. The analytical method used is the classical assumption test, simple linear regression test, and hypothesis testing, namely the t statistic test and the determination test (R2) using SPSS 23 software.The results of this study indicate that it is known that the Effect of Village Expenditure Growth on the Growth of Community Education in Babakan Sadeng Village, Leuwisadeng District, Bogor Regency Period 2012-2016 is 67.7%. This shows that the growth of village spending is able to affect the education growth of the people of Babakan Sadeng Village, Leuwisadeng District, Bogor Regency for the 2012-2016 period, while the remaining 32.3% is influenced by other variables outside the variables used in this study
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