50 research outputs found

    Pengaruh Variabel Rasio Keuangan dan Makroekonomi terhadap Pemberian Kredit Sektor UMKM oleh Perbankan di Indonesia

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    The purpose of this study is to investigate the impact of financial ratios and macroeconomic variables toward SME\u27s credit on banking sector in Indonesia. In this research, financial ratio variables are the capital adequacy ratio, non performing loan, operating expenses per operating income, third party fund, return on assets, and business credit program. Macroeconomic variables is inflation, the gross domestic product, interest rate of working capital, and interest rate of investment. The research\u27s samples are banks in Indonesia that are divided based on their types in the period of 2004-2014. The method uses panel data multiple linear regression with random effect model. The results of this study are that CAR, NPL, and BOPO has a significantly negative effect on SME\u27s credit; DPK, ROA, KUR, inflation, and GDP have a significantly positive effect on SME\u27s credit. Interest rate of working capital has a significantly negative effect on SME\u27s credit and interest rate investments do not have a significantly effect on SME\u27s credit

    Analisis Penggunaan Capital Budgeting Dalam Membuat Keputusan Investasi Aktiva Tetap (Studi Pada PT Zena Pariwisata Nusantara)

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    The competition forces companies that is running in services field, trading, and also manufacturing to be able to compete in order to hold the business running well in globalization era. One of the ways to hold the business running well so it could compete is to invest on technology which the cost is stated more efficient. The purpose of this research is to acknowledge about the analysis of using the capital budgeting to make decision of fixed assets which will be done by PT Zena Pariwisata Nusantara in the planning of adding bus vehicle. The result of the research is that PT Zena Pariwisata\u27s plan to add 2 (two) bus vehicle is accepted and deserve to be done. From the result of capital budgeting analysis, it is stated that arr > roi, the payback period is 4 years and 11 months, npv > 0, profitability index > 1, and irr > coc, so that the investment plan is accepted and deserve to be done

    Penggunaan Metode Single Index Model Dalam Menentukan Portofolio Optimal Tahun 2012-2015 (Studi Pada Saham-saham Yang Terdaftar Dalam Indeks Idx30 Di Bursaiefekiindonesia Periodehfebruari 2012 - Agustus 2015)

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    The purpose of this research is to know the performance of stock IDX30 based on ERB, to knowing the proportion of funds each stock that formed portofolio, to knowing expected return and risk of portofolio. This research is the kind of descriptive with the quantitative approach. The location this research in the Investment Gallery Faculty of Economics and Business Brawijaya University. The samples in this research is 13 stocks. The results of this research showed the highest stock performance analysis from ERB in 2012 is PGAS, in 2013 is UNVR, in 2014 is BBCA, in 2015 is UNVR. The proportion funds each stock that formed optimal portofolio in 2012 is PGAS (26.60%), INDF (44,13%), CPIN (10.80%), INTP (10.70%), SMGR (7.77%), in 2013 is UNVR (65,41%), and the INDF (34.59%), in 2014 is BBCA (14,74%), BBNI (29.54%), GGRM (8,84%), PGAS (35.88%), BBRI (9,65%), the BMRI (1.36%), in 2015 only one companies that is UNVR, so the proportion funds is 100%. Expected return portofolio to be obtained investor in 2012 is 3.03% with risk is 0,04%, expected return in 2013 is 1.93% with risk is 0,06%, expected return in 2014 is 3,38% with risk is 0,02%

    Pengaruh Harga Minyak Mentah Dunia, Inflasi, Suku Bunga (Central Bank Rate), Dan Nilai Tukar (Kurs) Terhadap Indeks Harga Saham Sektor Pertambangan Di ASEAN (Studi Pada Indonesia, Singapura, Dan Thailand Periode Juli 2013 – Desember 2015)

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    This research is to explain the influence of crude oil price, inflation, interest rate (central bank rate), and exchange rate towards mining stock indices in ASEAN period of July 2013 to December 2015. All data was analyse with multiple linier regression technique regards on classical assumption to obtain BLUE (Best Linier Unbiased Estimation). The results show that crude oil price, inflation, interest rate (central bank rate), and exchange rate does have simultaneously relation towards mining stock indices in Indonesia and Singapore. Crude oil price and exchange rate does have partially relation towards mining stock indices both in Indonesia and Singapore, meanwhile in Thailand only exchange rate which have partially relation towards mining stock indices in Thailand

    Pengaruh Mekanisme Good Corporate Governance Terhadap Profitabilitas Perusahaan (Studi Pada Perusahaan Makanan Dan Minuman Tahun 2011-2014)

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    This research focus on the influence of Good Corporate Governance (GCG) mechanism towards the profitability of food and beverage industries in Indonesia. The type of this research is explanatory research with quantitative approach. Independent Board of Commissioners, Board of Directors, and institutional ownership are chosen as GCG mechanism in this research. Rate of return on equity (ROE) are used as profitability ratio. This study uses secondary data of food and beverage companies in 2011-2014 which are downloaded from the official website of Indonesia Stock Exchange (BEI).Those secondary data analyzed by using multiple linear regression analysis. The results of this study indicate that the Board of Independent Commissioners, Directors, and institutional ownership simultaneously has significant effect on ROE. Partially, the Board of Directors have a significant effect on ROE. On the other hand, the regression coefficient indicates that the independent board and institutional ownership has a positive but not significant to ROE

    Analisis Kinerja Reksa Dana Pendapatan Tetap Dengan Metode Sharpe, Treynor Dan Jensen

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    Indonesian capital market has evolved over the years. The role of the capital market is a place or container funds raises form investors. In investing in stocks requires quite a bit of funds, alternatives there is a mutual fund because it has advantages for investors who want to invest but limited, do not have time efficiency in monitoring the performance of investments and ability to calculate the investment risk they choose. Researchers choose a fixed-income fund to risk and more stable returns than equity funds and balanced funds. Measurement of fund performance to risk and return in this study using the method of Shape, Treynor and Jensen. The purpose of this study is to provide a conclusion the performance of fixed income fund performance by Sharpe, Treynor and Jensen method. The results of this study is that the fixed income funds, according to Sharpe, Treynor and Jensen method, which is worthy of investing their choice. During the observation period 2011 to 2015 Performance values ​​fixed income funds there are mutual funds that consistently produce positive performance, but there is one mutual fund that has the best performance, namely fixed income funds for three years mutual funds Danamas certainly live able choice to invest in 2015

    Analisis Dampak Akuisisi Terhadap Return Saham Dan Volume Perdagangan (Studi Pada Multinational Company Yang Terdaftar Di Bei Periode Tahun 2010-2012)

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    Business combination is one of the ways used by the company in order to be more developed. Forms of business combination that often do is acquisition. The impact of acquisition will be based on the amount of stock returns and trading volume received by the acquirer. The purpose of this research is to analyze the impact of the acquisition by multinational company in Indonesia which is listed on Indonesia Stock Exchange. This type of research is hypothesis testing using non-parametric test with quantitative approach secondary data. Sample selection is done by purposive sampling method. Samples are five multinational companies in Indonesia and listed on Indonesia Stock Exchange period 2010-2012. Data analysis technique used is based on the distribution data using the Kolmogorov-Smirnov Test. This research use Wilcoxon-Signed Ranks Test. The final results showed that there is no significant differences of stock returns and trading volume of the acquirers,both before and after the acquisition

    Analisis Pembentukan Portofolio Optimal Dalam Meminalkan Tingkat Risiko Investasi Dengan Menggunakan Model Indeks Tunggal (Studi Kasus Saham Lq-45 Di Bursa Efek Indonesia Periode Januari 2013-juli 2015)

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    This research aims to find stocks that meet the criteria for establish of the optimal portofolio based Single Index Model. The method used in this research is descriptive research with quantitative approach. The population used is LQ-45 stocks index period January 2013-July 2015 and samples selected are 29 stocks. The results showed from 29 samples selected, the candidate of optimum portofolio is UNVR, BBRI, ICBP, KLBF, INDF in 2013, PTBA, BBCA, ICBP, KLBF, BBNI, GGRM, TLKM, PGN, JSMR, BBRI, INTP in 2014 and AKRA, UNVR, LPKR in January-July 2015. The proportion of funds forming optimum portofolio in 2013 are UNVR (47.56%), BBRI (10.62%), ICBP (24.78%), KLBF (10.70%), INDF (6.34%), in 2014 are PTBA (4.48%), BBCA (11.53%), ICBP (4.46%), KLBF (15.87%) , BBNI (23.50%), GGRM (6.51%), TLKM (5.22%), PGN (18.42%), JSMR (4.78%), BBRI (4.37%), INTP (0.51%), and from January to July 2015 are AKRA (5.98%), UNVR (84.92%) and LPKR (9.10%). The expected return of the optimum portofolio as much as 2.19% in 2013, 3.3124% in 2014 and 3.3208% in January-July 2015. The risk of the optimum portofolio as much as 0.1436% in 2013, 0.0163% in 2014 and 0.0542% in January-July 2015
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