Perilaku Investor Saham Dan Obligasi Pada Bursa Efek Jakarta Periode November 2002-Maret 2003

In globalization dimention where the society have been more educated, so financial investment growing faster both kind of instrument or market participant. For long-term investment there is available two kinds of interesting alternative such as Bond and Stock. This study purpose specifically to differential investor behavior who choosing stock or bond as their financial investment in Jakarta Stock Exchange between November 2002 until March 2003. This topic very interested because the unique characteristic between stock as a equity contrast bond as a debt. The ultimate content of this research to describe the application of psychology to financial behavior from investor toward their behavioral finance in the investment activity. This concept including individual investment activity which observable or overt and covert or hidden. The individual characteristic and their link with the environment measured by 5W 1H: What They Buy, Who is The Investor, Who is The Influencer, Why They Buy, When They Buy, Where They Buy and How Often They Use. Through this research expected to be able to explore the meaning of investor behavior in their action to invest on stock or bond based on the believing may be the investor rasionally or the opposite

The Effect of Profitability and Risk Management on Working Capital Management

This study aims to examine the impact of working capital management on profitability and risks of business companies. Furthermore, this study also examines what are the differences of working capital management industries in the manufacturing sector. Some researchers proved that influence of working capital management on profitability (Rahemanand Nasr 2007; Marc Deloof, 2003 and Hadori, 2005). In addition, Gitman (2009) also states that working capital management has an impact on firm profitability and risk. Business risk of each industry is different, thus working capital management will differ among industries. This study used data from 2001 until 2007 at the manufacturing sector firms which have coherent of annually financial statements during the study period and have been audited. In order to test the hypothesis, this study used regression analysis and analysis of variance. The research proves that working capital management affects profitability and risk of firm manufacturing sector during the period 2001-2007. Moreover, it also proves that there is a difference among working capital management industries in the manufacturing sector

PENGARUH RISIKO DAN DIVERSIFICATION TERHADAP PROFITABILITAS PADA BANK DEVISA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012-2016

Abstract- This research aim to analyze factors which affect profitability. Variables which use are credit risk, capital risk, liquidity risk, insolvency risk, bank diversification and bank size. This research use quantitative approach by using multipe linier regression. The sample of this research is the financial company specifically foreign exchange bank that listed in BEI (Bursa Efek Indonesia) for period of 2012-2016. Final samples which are used in this research are equal to 100 observation

PENGARUH RISIKO DAN DIVERSIFICATION TERHADAP PROFITABILITAS PADA BANK DEVISA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012-2016

Abstract- This research aim to analyze factors which affect profitability. Variables which use are credit risk, capital risk, liquidity risk, insolvency risk, bank diversification and bank size. This research use quantitative approach by using multipe linier regression. The sample of this research is the financial company specifically foreign exchange bank that listed in BEI (Bursa Efek Indonesia) for period of 2012-2016. Final samples which are used in this research are equal to 100 observation

THE EFFECT OF GOOD CORPORATE GOVERNANCE AND FOREIGN OWNERSHIP AS A MODERATING VARIABLES ON THE BOARD INTERLOCKING ON FINANCIAL PERFORMANCE

The aims of this research is to analyze the effect of number of board interlocking, board size, family board participation, board independence, control variable such as firm size, firm age, and leverage, and moderate foreign ownership to number of board interlocking towards financial firm perfomance using ROA and Tobin’s Q as a proxy in non financial sector companies listed in Indonesia Stock Exchange (BEI) in period 2014-2018. This research uses quantitative approach with two least square regression analysis model. The sample used in this research is firms which are listed on the non financial in Indonesia Stock Exchange (IDX) on 2014-2018 period. The number of final samples used in this study were 366 business entities with 1830 observations. The findings result of this research indicate that concurrent commissioner positions have positive and significant effect towards ROA in non financial sector companies BEI on the period 2014-2018, while independent commissioners, family of commissioners, board size, and the interaction of multiple positions of commissioners with foreign ownership have insignificant effect towards ROA in non financial sector companies BEI on the period 2014-2018. Then variables independent commissioners, board size of commissioners, and the interaction of multiple positions of commissioner with foreign ownership have positive and significant effect towards Tobin’s Q in non financial sector companies BEI on the period 2014-2018, while the family of commissioners and concurrent commissioner positions have insignificant effect towards ROA in non financial sector companies BEI on the period 2014-2018

FACTOR THAT INFLUENCING CAPITAL EXPENDITURE: PERSPECTIVE PECKING ORDER AND MANAGERIAL HYPOTHESES

The objectives of this study are to observe the impact of internal cash flow, insider ownership, investment opportunity, investment opportunity and firm size on the capital expenditure in two different theories. Those theories are: (1) the pecking order hypotheses and (2) the managerial hypotheses, tested in Indonesian case. On the one hand, the pecking order hypotheses postulates that managers can choose the level of capital expenditure to maximize the wealth of current shareholders without considering insider ownership in the company. On the other hand, according to the managerial hypotheses, managers whose ownership proportions are small tend to use higher level of internal cash flows to finance the capital expenditure than that which would maximize the wealth of current shareholders. The data of this study is collected from 11 manufacture companies as listed in the Indonesian Stock Exchange. The result of this study shows that the internal cash flow, insider ownership, firm size and investment opportunity have positive impact on the capital expenditure. However, the impact of insider ownership and investment opportunity on the capital expenditure are not significant. Eventually, this study is disposed appropriate with the pecking order hypotheses

PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP FIRM PERFORMANCE PADA PERUSAHAAN INDUSTRI MANUFAKTUR YANG TERCATAT DI BURSA EFEK INDONESIA PERIODE 2011-2015

Abstract - This research aims to find out the influence of implementation of good corporate governance to firm performance in industrial manufacturing company in Indonesia Stock Exchange (IDX ) period 2011-2015. In this research samples there are 103 industrial manufacturing company which is listed in IDX period 2011-2015. Dependent variable in this research of firm performance measured by accounting based, i.e ROA & ROE and marketbased that is Tobin’s Q. While the independent variable is corporate governance mechanism; board size director, board size commissioner, board of independent commissioner, managerial ownership, ownership concentration and audit quality. Firm size and leverage are used for it’s control variable. The test on hypotheses using multiple linear regression analysis. The results of this study indicates that there is a significant influence between board size commissioner, managerial ownerhip, ownership concentration and audit quality onto ROA. Furthermore, this study shows that there is a significant influence between board size commissioner, board of independent commissioner and audit quality onto ROE. Based on Tobin’s Q, there is only board size director, board of independent commissioner and audit quality which has a significant effect. The firm size and leverage control variable are also shown a significant effect on ROA and ROE

PENGARUH RISIKO DAN DIVERSIFICATION TERHADAP PROFITABILITAS PADA BANK DEVISA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012-2016

Abstract- This research aim to analyze factors which affect profitability. Variables which use are credit risk, capital risk, liquidity risk, insolvency risk, bank diversification and bank size. This research use quantitative approach by using multipe linier regression. The sample of this research is the financial company specifically foreign exchange bank that listed in BEI (Bursa Efek Indonesia) for period of 2012-2016. Final samples which are used in this research are equal to 100 observation