PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, TOTAL ASSET TURNOVER, DAN EARNING PER SHARE TERHADAP HARGA SAHAM

ABSTRAKHarga saham adalah harga yang tercantum di pasar modal dan merupakan bentuk kepemilikan perusahaan di pasar modal. Preferensi saham dapat dipertimbangkan dengan menggunakan fundamental perusahaan. Penelitian ini bertujuan untuk mengetahui pengaruh Current Ratio, Debt To Equity Ratio, Total Asset Turnover, dan Earning Per Share terhadap harga saham perusahaan Industri wadah dan kemasan yang terdaftar di Bursa Efek Indonesia periode 2018-2022. Subyek penelitian adalah perusahaan industri wadah dan kemasan berdasarkan klasifikasi IDX-IC dengan jumlah 12 perusahaan. Menggunakan purposive sampling untuk pengambilan sampel. Teknik analisis data yang digunakan adalah uji asumsi klasik, analisis regresi linier berganda, dan pengujian hipotesis yang dilakukan dengan SPSS versi 26. Hasil penelitian menunjukkan bahwa Current Ratio (CR) berpengaruh negatif dan Earning Per Share (EPS) berpengaruh positif dan signifikan terhadap harga saham. Sedangkan Debt To Equity Ratio (DER) dan Total Asset Turnover (TATO) tidak berpengaruh terhadap harga saham.Kata Kunci: Current Ratio, Debt To Equity Ratio, Total Asset Turnover, Earning Per Share, Harga Saham. ABSTRAKStock prices are the prices listed in the capital market and are a form of corporate ownership in the capital market. Stock preferences can be considered using corporate fundamentals. This study aims to determine the influence of Current Ratio, Debt To Equity Ratio, Total Asset Turnover, and Earning Per Share on the stock prices of Container and Packaging Industry companies listed on the Indonesian Stock Exchange for the 2018-2022 period. The research subjects are container and packaging industry companies based on the IDX-IC classification with 12 companies. Using purposive sampling for sampling.The data analysis techniques used are classical assumption tests, multiple linear regression analysis and hypothesis testing performed with SPSS version 26. The results showed that Current Ratio (CR) had a negative effect and Earning Per Share (EPS) had a positive and significant effect on stock prices. However, Debt To Equity Ratio (DER) and Total Asset Turnover (TATO) had no effect on stock prices.Keywords: Current Ratio, Debt To Equity Ratio, Total Asset Turnover, Earning Per Share, Stock Prices

Peran kebijakan dividen dalam memediasi kinerja keuangan terhadap return saham

This study aims to determine the role of dividend policy as an intervening variable of the company's financial performance which consists of the ratio of liquidity, solvency, activity and profitability to stock returns in public companies that are members of LQ 45 on the Indonesia Stock Exchange during the 2016-2021 period. The type of research is quantitative research with a descriptive approach. With purposive sampling technique, 21 companies were obtained as samples. Analysis and testing of research hypotheses using the Structural Equation Model - Partial Least Square (PLS) method, which is run with SmartPLS version 3.0 software. The results showed that liquidity and activity had an effect, but profitability and solvency had no effect on the Dividend Payout Ratio. Only solvency has an effect, while liquidity, activity and profitability have no effect on stock returns. Furthermore, the Dividend Payout Ratio has no role in mediating financial performance on stock returns

IMPLEMENTASI MODEL PENGEMBANGAN BISNIS BANK PEMBIAYAAN RAKYAT SYARIAH (BPRS)

Purpose-The purpose of the research is to design the BPRS business model will become a benchmark for the preparation of the Syariah banking operational business framework.Design/methodology/approach-The data collection method is the Questionnaire or Questionnaire method. The study population was BPRS in DKI Jakarta, West Java, and Banten Provinces, the study sample was BPRS Harta Insan Karimah, BPRS Al Salaam, and BPRS HIK Insan Cita. Data is processed using the Structural Equation Model (SEM) analysis method with Smart PLS application.Findings- Product, system and procedure variables, human resources and technology did not have a significant effect while infrastructure and location variables had a significant effect on customer decisions in choosing an SRB service.Implications- Information technology in BPRS must be applied to all business processes in order to face competition and continue to develop in the industrial era 4.0. Keywords: Business Model, BPRS, Information Technolog

Peningkatan Keterampilan Tata Kelola Keuangan Keluarga bagi Pengelola Posbindu Dahlia Petukangan Selatan

Abstrak Program Pengabdian Kepada Masyarakat yang laksanakan Posbindu Dahlia dikelola oleh ibu ibu warga RW 1 Kelurahan Petukangan Selatan Jakarta Selatan, bertujuan untuk peningkatan keterampilan tata kelola keuangan keluarga. Hal ini dilakukan mengingat dari hasil survai awal menunjukkan bahwa tingkat pengetahuan tentang tata kelola keuangan keluarga yang dimiliki para ibu pengelola Posbindu masih rendah. Termasuk di dalamnya tentang perencanaan, penentuan prioritas pengeluaran keuangan dan pencatatan keuangan keluarga. Metode pelatihan dilakukan dengan cara pemaparan materi dan simulasi pengisian buku kerja tentang pembuatan perencanaan keuangan keluarga, penentuan prioritas pengeluaran rumah tangga. Pelatihan ini dipandu oleh para dosen dari Fakultas Ekonomi Dan Bisnis Universitas Budi Luhur. Hasil dari program pengabdian ini, para ibu pengelola Posbindu Dahlia sangat antusias, terbukti dari munculnya beragam pertanyaan. Mereka menjadi lebih paham tentang membuat perencanaan, alokasi penghasilan berdasarkan prioritas kebutuhan bukan keinginan, sehingga masih ada peluang untuk menabung demi kepentingan masa depan

Pengaruh Current Ratio, Return On Asset, Total Asset Turnover, Dan Struktur Aset Terhadap Struktur Modal (Studi Empiris pada Perusahaan yang Tergabung dalam Indeks MNC36 di Bursa Efek Indonesia Periode 2018-2022)

Penelitian ini bertujuan untuk mengetahui pengaruh Current Ratio, Return on Asset, Total Asset Turnover, dan Struktur Aset terhadap Struktur Modal pada Perusahaan Non Perbankan yang tergabung dalam Indeks MNC36 di Bursa Efek Indonesia Periode 2018-2022. Jenis penelitian ini adalah penelitian kuantitatif. Teknik pengambilan sampel dalam penelitian ini adalah teknik purposive sampling sehingga diperoleh 9 sampel perusahaan. Penelitian ini menggunakan data sekunder yaitu laporan keuangan tahunan. Teknik analisis menggunakan analisis regresi linier berganda menggunakan Statistical Program for Social Science (SPSS) versi 22. Hasil penelitian menunjukkan bahwa current ratio berpengaruh negatif signifikan terhadap struktur modal, return on asset berpengaruh negatif signifikan terhadap struktur modal, struktur aset berpengaruh negatif signifikan terhadap struktur modal, sedangkan total asset turnover tidak berpengaruh terhadap struktur modal. Kata Kunci: Current Ratio, Return on Asset, Total Asset Turnover, Struktur Aset, Struktur Moda

THE EFFECT OF FIVE STOCK EXCHANGE MOVEMENT FROM 25 BIGGEST STOCK EXCHANGE IN THE WORLD TOWARD INDONESIA STOCK EXCHANGE PERIOD 2012 - 2017

The IDX is inseparable from the influence of the global stock market, because globalization makes a country's economic system open. For Indonesia and several stock exchanges where the market capitalization is relatively small, optimism and pessimism of foreign stock investors is expected to greatly affect the movement of stock indexes. The fall of the global market has become a negative sentiment for the JCI movement. This study aims to determine the effect of the movement of five stock exchanges in the world on the ICI. In this study used multiple linear regression method using SPSS 25.0 statistical software. The results showed that SSE had no significant effect on CSPI while Nikkei 225, DJIA, S&P BSE Sansex, and STI had a significant effect on ICI during 2012 - 2017

Peran Earning Per Share Dalam Memediasi Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan

This research is based to see the extent of the influence of the role of Earning Per Share in Mediating the Effect of Financial Performance on Firm Value. This PBV value is used to assess the price of the shares offered by the company, expensive or cheap, if the PBV value > 1, it is certain that the share price is expensive, and vice versa. . The sample was taken by purposive sampling by collecting company data on the IDX, namely plantation sector companies from 2015 to 2020. The sample obtained was 14 companies. The statistical method used to test the hypothesis is SEM-PLS (Structural Equation Model – Partial Least Square). The results of this study found that the ratio of profitability, solvency and activity had an effect on firm value, while liquidity had no effect on firm value. Meanwhile, EPS can only strengthen the influence of the solvency ratio on firm value

Peran Financial Distress Altman Memediasi Kinerja Keuangan terhadap Harga Saham pada BUMN di BEI

Purpose: Testing the effect of financial performance consisting of CR, DER, ROA, TATO on stock prices with Financial Distress as the mediating variable. Research methodology: The data are secondary data in the form of financial reports. This research method uses Path Analysis, and to analyze the data using the SPSS version 25 program. Sample of 16 companies listed on the BEI in 2014-2018. Results: CR, ROA affect FD while DER, TATO do not affect FD. Only TATO has a direct effect on stock prices. FD with the Altman Z score method only indicates the DER. Limitations: The historical data used is limited, 5-year time series and the variables: six variables and Altman Z Score method. Contribution: Non-bank SOEs pay attention to CR, DER and ROA that have not influenced share prices and maintain the performance of TATO. SOE must conduct FD analysis, which is an early warning system, solutions can be found immediately if predicted will experience financial difficulties in the future. Keywords: Financial performance, Financial distress, Stock pric

Pengaruh Variabel Fulmer H-score terhadap Harga Saham pada Badan Usaha Milik Negara Non Bank di Bursa Efek Indonesia Periode 2013-2017

Purpose: This study aims to find out the influence of fulmer variables, namely retained earning / total assets, sales / total assets, earning before tax / equity, cash flow / total debt, total debt / total asset, current liabilities / total asset, log tangible asset, working capital / total debt, and log EBIT / interest on stock prices. Research methodology: The data in this study were secondary data in the form of financial statements of SOE companies. The calculation used Microsoft Excel 2010. The program used to analyze data was the Econometric Views 9 (EViews 9) program. Statistical testing was performed at a 95% confidence level and 5% significance level. From the 20 BUMN companies listed on the Indonesia Stock Exchange (IDX) in 2013-2017, 12 companies were sampled. Results: Variable Retained Earning / Total Assets, Earning Before Taxes / Equity, Cash Flow / Total Debt and Current Liabilities / Total Assets affect the stock price, while Sales / Total Asset variables, Total Debt / Total Assets, Log Tangible Asset, Working Capital / Total Debt and Log Earning Before Interest and Tax / Interest have no effect on the share prices of non-bank SOEs on the Indonesia Stock Exchange in the period 2013-2017 period. Limitations: Historical data used were limited to time periods, 5 year time series data for the period 2013 - 2017 and the variables used were only nine variables. Contribution: Non-bank SOEs must pay attention to ratios that have not influenced their share prices, such as TATO, DER, Tangible Assets, WCTD and TIER. This shows that SOEs' assets have not been used productively, especially Tangible Assets. The suboptimal level of efficiency can be seen from the achievement of low income so that the ability of operating profit to cover interest expenses is still low. Keywords: Fulmer model, Stock price, Non-bank BUM

Determinan kinerja keuangan dan good corporate governance terhadap financial distress model Altman

The purpose of this study is to analyze the effect of financial performance (Return On Assets, Current Ratio, Debt to Asset Ratio, Total Asset Turnover) and Good Corporate Governance as measured by Institutional Ownership, Managerial Ownership, Independent Commissioner, Audit Committee on Financial Distress against LQ index companies. – 45 for the period 2016 – 2020. For sampling using the purposive sampling method. This study takes a population of companies that go public on the Stock Exchange on the LG-45 Index and the sample results are 23 companies. Data analysis used multiple linear regression with SPSS ver. 25. This study shows that the results of financial performance (ROA, CR, DAR) and Good Corporate Governance which include Institutional Ownership, Management Ownership are significant to Financial Distress while TATO, Independent Commissioner, and Audit Committee are not significant to Financial Distress