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Lita Suwasyono

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This study aims to analyze the effect of financial performance, profibility, and capital structure on company value in LQ45 companies listed on the Indonesia Stock Exchange. This study used quantitative methods. Sampling is done using the purposive sampling method which means the sample is selected based on certain considerations. The data used are financial statements obtained through https://old.idx.co.id/ website. In this study only data that met the criteria and needs of the authors were used as samples. The results of the study stated that financial performance had a significant effect on company value, it can be seen from T for financial performance variables is 0.608 0.05, profitability has a significant effect on company value, seen from the calculated value for profitability variables is 0.935 0.05, capital structure has a significant effect on company value,  can be seen from the calculated value for the capital structure variable is 0.633 0.05, and the F test is used to determine the influence of independent variables simultaneously (together) can be seen from the statistical value of F value is 0.155 F value is 0.926 greater than 0.05 then it has no effect on the value of the company.The results of the above research can then be drawn 4 conclusions, namely: 1. Financial performance does not have a significant effect on the value of the company. 2. Profitability has no significant effect on the value of the company. 3. Capital structure has no significant effect on the value of the company. 4. Financial performance, profitability, and capital structure on company value have no effect on company value.LQ45 is listed on Indonesia Stock Exchange.

Aries Setiawan

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

The purpose of this research is to investigate the impact that information asymmetry and profitability have on profit management for companies that are listed on the Indonesia Stock Exchange between the years 2016 and 2020. Previous research on the subject of profit management has produced contradictory findings. As a result, the idea about profit management requires more investigation so that it may be retested. Within the consumer products industry sub-sector, this research focused on 53 different businesses as its population. The type of sampling that was used was known as purposive sampling, and as a result, 22 sample firms were acquired for a period of observation spanning five years (2016-2020) and included 86 observations. The information used in the study was collected by downloading sample company files from the website of the Indonesia Stock Exchange. The methods of descriptive statistical analysis and multiple regression analysis are used in the process of analysing the data. The initial step in the process of analysing the data is doing descriptive statistics. Next comes the testing of classical assumptions, followed by multiple regression analysis, and finally hypothesis testing. The findings of this research indicate, even if only in part, that Profitability is the sole factor that significantly influences profit management. There is no impact on the management of profits caused by information asymmetry. The findings of this research demonstrate that there is a correlation between information asymmetry and profitability, both of which have a substantial impact on profit management.    

Lailatus Sa’adah; Dwi Widyastuti

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

The purpose of this study was to determine the effect of ROA, ROE, and DER on profit growth in insurance sub-sector companies listed on the Indonesia Stock Exchange (BEI) in 2018-2022. The technique used for sampling is purposive sampling method with data from 7 insurance companies. This research is quantitative, which is research presented in the form of numbers and statistics. In determining the accuracy of the model that needs to be done is analyzing financial data, then testing several classical assumptions underlying the regression model. The analysis technique used is multiple linear regression analysis.Data analysis and hypothesis testing in this study using Eviews software version 12.0. The results of this study indicate that ROA has a simultaneous positive effect on earnings growth, while ROE and DER have no significant effect simultaneously on earnings growth. The suggestion in this study is that there is a need to improve the company's financial performance in order to increase company profits so that company prices can increase.

Ratih Kusuma Mawardani; Imam Baidlowi; Tatas Ridho Nugroho; Nur Ainiyah

Riset Ilmu Manajemen Bisnis dan Akuntansi 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This study aims to examine the effect of independent variables on the dependent variable and examine moderating variables that can support the relationship between the independent variable and the dependent variable. The independent variables used in this study are Good Corporate Governance (GCG) and Firm size, and the dependent variable is firm value and the moderating variable used is profitability. The method used in this research is quantitative method. The population in this study was 59 Go Public companies listed on the Indonesia Stock Exchange in 2019-2022. The sampling technique used in this study was purposive sampling technique and obtained sample results of 13 companies during the 2019-2022 period with a total sample of 52 financial reports. Hypothesis testing in this study used Partial Least Square (PLS) analysis. The results showed that Good Corporate Governance (GCG) and firm size have a significant positive effect on firm value, while profitability has no significant effect in moderating the relationship between Good Corporate Governance (GCG) and firm size on firm value.  

Yogi Permani; Hari Setiono; Nurdiana Fitri Isnaini

Riset Ilmu Manajemen Bisnis dan Akuntansi 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This study aims to test the board of directors, board of commissioners, audit committee, transfer pricing, earnings management have an effect on tax avoidance, as well as to test the board of directors, board of commissioners, audit committee, transfer pricing, earnings management have an effect on tax avoidance with profitability as moderation. The population in this study are manufacturing sector companies listed on the Indonesia Stock Exchange in the 2019-2022 period. The sampling technique used purposive sampling method and obtained a sample of 26 companies with a total sample of 104 financial statements. Data analysis used descriptive statistics and inferential statistics using SmartPLS 3.2.9 as a testing tool. The results of the study show that transfer pricing has a negative effect on tax avoidance. Board of directors, board of commissioners, audit committee, earnings management have no effect on tax avoidance. Profitability is not able to moderate the influence of the board of directors, board of commissioners, audit committee, transfer pricing and earnings management.

Resti Anggraini; Wahyu Indah Mursalini; Esi Sriyanti

Transformasi: Journal of Economics and Business Management 2023 Universitas 17 Agustus 1945 Semarang

This research aims to analyze the effect of Business Risk and Asset Structure on the Capital Structure of Manufacturing Companies in the Basic and Chemical Industry Sector listed on the Indonesia Stock Exchange. The sample in this study were 35 basic and chemical industry sector companies listed on the Indonesia Stock Exchange using the Purposive Sampling method for the 2018-2020 period. Based on multiple linear regression analysis, the variables of Business Risk and Asset Structure have an effect on Capital Structure with the equation Y = 2,968 – 7,865X1 – 2,355X2 + e. From the t-test, it was found that the variable X1 Business Risk had a significant effect on the Capital Structure with t count value is [-7,171] > t table [1,983] and sig 0,000 < 0,05. Then H1 is accepted. Variable X2 Asset Structure had a significant effect on Capital Structure with t count value is [-4,988] > t table [1,983] and sig 0.000 <0.05. Then H2 is accepted. From the F test, it was found that Business Risk and Asset Structure have a simultaneous effect on Capital Structure with f count [32,694] > f table 3,090 and a significance 0,000 < 0,05. Then H3 is accepted. From the coefficient of determination test the value of R square is 0.391. This means that the independent variables of Business Risk and Asset Structure affect the Capital Structure by 39.1% while the remaining 60.9% is influenced by other variables.

Lailatus Sa’adah; Sri Wahyuni

Populer: Jurnal Penelitian Mahasiswa 2023 Universitas Maritim AMNI Semarang

This study aims to determine the effect of CAR, NPL, BOPO, and LDR on ROA in National Private Commercial Bank companies listed on the Indonesia Stock Exchange (IDX) in 2018-2022. The technique used for sampling is purposive sampling method with data from 5 banking companies. This type of research is quantitative research, namely research presented in the form of numbers and statistics. In determining the accuracy of the model that needs to be done is financial data analysis, then testing some of the classical assumptions that underlie the regression model. The analysis technique used is multiple linear regression analysis.Data analysis and hypothesis testing in this study used Eviews software version 12.0. The results of this study indicate that CAR, NPL, BOPO and LDR partially have a positive effect on ROA. The results of this study also show that CAR, NPL, BOPO and LDR simultaneously have an effect on ROA. The ability of several independent variables to influence the dependent variable is 98.2% and the other 2.8% is influenced by other factors outside of this study.  

Fifi Armelia; Lidya Martha

Transformasi: Journal of Economics and Business Management 2023 Universitas 17 Agustus 1945 Semarang

This study aims to examine the effect of inflation and interest rates on stock prices in companies listed on the Indonesia Stock Exchange in 2017-2021. The data used in this research is secondary data. The population in this study were 810 companies, the sampling procedure used a purposive sampling method based on predetermined criteria, so that a sample of 70 companies was obtained. The dependent variable in this study is stock prices, while the independent variables are inflation and interest rates. The data analysis method uses panel data. The results showed that inflation had a positive and insignificant effect on stock prices, interest rates had a negative and insignificant effect on stock prices.

Syifa Fauziyah; Sugeng Priyanto

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This study aims to determine the effect of Current Ratio, Debt to Asset Ratio, Net Profit Margin and Total Asset Turnover on Stock Price on Construction and Building Sub-Sector Companies Listed on the Indonesia Stock Exchange Period 2018-2022. This type of research is quantitative research. The sampling technique in this research is the purposive sampling technique to obtain as many as 16 samples of companies from 26 companies. This study used secondary data, namely the annual financial statements. The analysis technique uses multiple linear regression analysis using the Statistical Program for Social Science (SPSS) version 25 program. The results showed that net profit margin had an effect on stock price, meanwhile current ratio, debt to asset ratio and total asset turnover had no impact on stock price.

Masridha Masridha; Widya Dwi Syahprya; Yenni Samri Juliati Nasution

Maeswara : Jurnal Riset Ilmu Manajemen dan Kewirausahaan 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

The Covid 19 pandemic has also had a negative impact on the company, such as a decrease in share prices and financial performance, ehich can affect the company's value. Not a few of the company's employees were fired because of it. But why did so many people invest during the covid 19 pandemic? In fact, there has been an increase in the number of investors on the indonesian stock exchange market. In this study, we will idntify the factors that influence the increase in the number of investors on the indonesian stock exchange market. With qualitve research methods, descriptive, exploratory. The results of this study are that there are several factors that influence people to invest during the covid 19 pandemic, many people invest in pandemic conditions by conducting fundamental and technical analysis, conducting stock portfolios, choosing bussiness sectors that are still needed in pandemic conditions, and seeking the latest information issuer.

Ro’yal Aina; Kurnia Indah Sumunar

Jurnal Akuntan Publik 2023 International Forum of Researchers and Lecturers

This study aims to determine the effect of audit opinion and audit delay on stock prices with firm size as a moderating variable. This research is a quantitative research using secondary data from the financial statements of banking companies that have been listed on the Indonesia Stock Exchange for the period 2019 to 2022. The sample in this study was obtained using the probability sampling method, and 20 companies were obtained so that the sample used was 80 data. Data analysis in this study used SPSS software version 27. The results showed that audit opinion had no effect on stock prices, while audit delay had a significant negative effect on stock prices. On the other hand, company size can strengthen the negative effect of audit opinion on stock prices, but cannot strengthen or weaken the effect of audit delay on stock prices.

Heri Sasono; Nurhanan Said

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

The joint stock price index (IHSG) as a benchmark for the progress of the capital market in Indonesia. The purpose of this study was to analyze the effect of Macro Variables on the Composite Stock Price Index (JCI) for the period 2010 to 2021. The macro variables used were Inflation, Economic Growth, Dollar Exchange Rate and SBI or 7 Day Repo Rate against the JCI. The number of years in the sample is 12 years, from 2010 to 2021. Multiple linear regression analysis, T test, F test, coefficient of determination test using SPSS Version 26 software. The conclusion is that gold price and Lq45 has  significant effect on the JCI, while the others macro variable, have no significant effect on the JCI. Simultaneously, all macro variables have a significant effect on the JCI.    

Iqlima Ansori; Mia Laksmiwati

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This research is conducted to analyze of the Return on Asset, Debt to Equity Ratio, Current Ratio and Total Asset Turnover of Company Value, which proxied by Price to Book Value. The population in this research used secondary data in the form of financial reports from energy sector companies for the 2018-2022 period which were listed on the Indonesia Stock Exchange (IDX) as many as 76 companies. The research used a purposive sampling method and obtained 40 companies as sample. Data analysis used multiple linear regression analysis with help of the SPSS Version 25 program. The results of this research indicate that Return On Asset, Debt to Equity Ratio, Current Ratio and Total Asset Turnover have a positive and significant effect on company value.

Clara Valencia; Kurnia Indah Sumunar

Jurnal Akuntan Publik 2023 International Forum of Researchers and Lecturers

This study examines Heatlhcare companies listed on the Indonesia Stock Exchange. This study aims to determine the effect of Profitability, Leverage, and Company Size on Audit delay experienced by healthcare companies during the pandemic and the new normal era. The sample companies are 19 healthcare companies on the IDX. The dependent variable used is audit delay and the independent variables used include: Profitability, Leverage, and Firm Size. The analysis of this study uses multiple linear regression with SPSS 25 (Statistical Package for Social Science). The results of this study indicate that: (a) Profitability has an effect on audit delay; (b) Leverage has no effect on audit delay; (c) Company size has no effect on audit delay; (d) Simultaneously the independent variables affect the dependent variable.

Qurotul A’yunina; Rizka Ariyanti

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This study investigates how dividend policy, management ownership, company size, and institutional ownership affect company value. This research aims to study how dividend policy, management ownership, company size, and institutional ownership influence company value partially and simultaneously. Secondary data from annual reports was used for this research. The population used is manufacturing companies listed on the Indonesia Stock Exchange (BEI) in the Kompas100 index from 2017 to 2022. 6 companies from the 22 population companies are the sample selected using the purposive sampling method. Multiple linear regression analysis was carried out using the SPSS 25 statistical program. This research found that dividend policy partially had a negative effect on Company Value (PBV), manager ownership had a partial positive effect on Company Value (PBV), company size had no partial and negative effect. on Company Value (PBV), and institutional ownership partially has a positive effect on Company Value (PBV). This research finds that the independent variables dividend policy, manager ownership, company size, and institutional ownership influence the dependent variable Company Value (PBV) simultaneously.

Athiy Dina Rosihana

Jurnal Penelitian Manajemen dan Inovasi Riset 2023 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This study aims to analyze whether profitability, leverage and liquidity have an influence on firm value with firm size as a moderating variable. The population of this study are companies in the Primary Consumer Goods Industry sector which are listed on the Indonesia Stock Exchange in 2019-2021. Using purposive sampling technique, 25 companies were taken as research samples. The research method is quantitative using the SPSS 25.0 program. Data analysis used descriptive statistical analysis methods, classic assumption test, multiple linear regression analysis, definite T-test, and moderate regression analysis (MRA). The results of the study found that only profitability (ROE) had a significant effect on firm value (PBV), while leverage (DER) and liquidity (CR) had no significant effect on firm value. Firm size cannot moderate the relationship between Profitability (ROE), Leverage (DER) and liquidity (CR) with firm value.

Sephia Sephia; Mutmainah Mutmainah; M. Ichsan Diarsyad

Jurnal Akuntan Publik 2023 International Forum of Researchers and Lecturers

This study aims to determine the speculative choices made by funders to increase company self-esteem considering the presentation of LQ45 organizations listed on the Indonesia Stock Exchange in 2019-2021 by looking at the impact of financial proportions. When deciding to invest in the capital market, an investor must choose the right company. so investors can choose the company with the help of market ratio analysis. Dividend Policy and Profitability become mediating variables for this ratio. The inspection strategy used in this exploration is quantitative exploration and uses additional information gathering procedures as an annual report. Sampling in this study used a purposive sampling strategy consisting of 20 LQ45 businesses that met the sample criteria. Path analysis and linear regression analysis are the methods used for data analysis. Testing is done either bit or intercession. The consequence of this study reveals that the side effect of this study states that profit and profit strategies affect firm value. Meanwhile, Profit Strategy has a significant effect on Benefit. Mediation The effect of dividend policy on firm value cannot be mediated by profitability..  

Putra Anugrah Dimas Januardhy

Jurnal Riset dan Inovasi Manajemen 2023 International Forum of Researchers and Lecturers

This study aims to examine the effect of Non Performing Loans and Third Party Funds on Profitability and to examine the effect of Non Performing Loans and Third Party Funds with Loan To Deposit Ratio as a Moderating Variable in Conventional General Banking Companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The research method used in this research is quantitative research. The sample in this study was selected using a purposive sampling method and a sample of 41 banking companies that met the sample criteria was obtained. The data analysis method used is simple linear regression analysis and moderate regression analysis. The results of this study indicate that Non-Performing Loans and Third Party Funds have no effect on Profitability. In moderation the Loan To Deposit Ratio strengthens the effect of Non Performing Loans and Third Party Funds on Profitability.

Nur Anggraini Trisnawati; Fiqi Maulana

Jurnal Riset dan Inovasi Manajemen 2023 International Forum of Researchers and Lecturers

This study aims to determine the effect of organizational capital on the firm life cycle. The sample used is a manufacturing company listed on the Indonesia Stock Exchange for the 2009-2017 period, with a total of 580 observations of data from 116 companies and using a purposive sampling method. This study uses the independent variable organization capital which is proxied by OC/TA and the dependent variable company life cycle which is proxied by the dummy life cycle classification based on cash flow, retained earnings to total assets, and retained earnings to total equity. In addition, the control variables used are company size, market-to-book ratio, leverage, return on equity, company sales growth, capital expenditure, and asset turnover ratio. The analysis technique used is multinomial logistic regression. The results showed that organizational capital has a significant effect on the firm life cycle, where companies with high organizational capital are in the introduction and decline stages, while companies with low organizational capital are in the growth and maturity stages. Development requires quality human resources (HR). This human resource can act as a factor of labor production that can master technology so as to increase economic productivity. To achieve quality human resources requires the formation of human capital (human capital). The formation of this human capital is a way to obtain a number of people who have strong characters who can be used as important capital in development. This character can be in the form of level of expertise and level of community education. The concept of human capital investment that supports economic growth has existed since the days of Adam Smith (1776), Heinrich Von Thunen (1875) and other classical theorists before the 19th century who emphasized the importance of investment. human skills. Schultz (1961) and Deninson (1962) then showed that the development of the education sector with human resources as its core focus has contributed directly to a country's economic growth, through increasing the skills and productive capabilities of the workforce.  These findings and perspectives have stimulated the interest of a number of experts to research the economic value of education (Nurulpaik, 2005). Human capital is a stock of productive abilities and knowledge found in society. Alfred Marshal once said "the most valuable of all capital is that invested in human beings" (Becker, 1975). In this case human capital is a long-term investment in the development of human resources to increase productivity. The importance of human capital is that the knowledge that exists in human resources is the driving base in increasing productivity. Human capital can be distinguished from human resources management, but can also synergize. Human capital views humans more as intangible assets and human resources management views humans as costs or costs that are detrimental to the company. The concept of human capital emerged, due to a shift in the role of human resources. Human capital arises from the idea that humans are assets that have many advantages, namely human capabilities when used and disseminated will not decrease but increase both for the individual concerned and for the organization, humans are able to transform data into meaningful information. The concept of innovation has been continuously developed by a number of experts and institutions in the last 50 years. This is based on Resource Based Theory (Barney, 1991). In the perspective of Resource Based View (RBV), internal resources and the internal environment are the main keys for determining strategies to achieve high performance (Hitt et al., 2011). Resource Based Theory (RBT) focuses on the concept of attributes of excellence that are difficult to imitate as a source of superior performance and competitive advantage (Barney, 1991). Resources based theory is the company's resources as the main driver behind the company's performance and competitiveness. Based on this resources based theory, an organization can be assessed as a collection of physical resources, human resources, and organizational resources (Barney, 1991). Barney (1991) categorizes three types of resources: Physical capital resources (technology, plant and equipment) Human capital capital (training, experience, and insight), and Organizational resource capital (formal structure)

Anita Anita; Erni Hernawati; Clara Valencia

Jurnal Manajemen Riset Inovasi 2023 Pusat Riset dan Inovasi Nasional

The purpose of this study is to determine the effect of the economic recession resulting from an increase in interest rates on sales, cash flows, and stock prices of property companies listed on the Indonesia Stock Exchange. This study examines the impact of the economic recession on sales, cash flow, and stock prices before the issue of the economic recession in the Q3 2022 period and after the recession issue appears in the Q4 2022 period. The measurement of cash flow and sales takes data from financial reports, while stock prices use the closing price of shares. This study uses a sample of property companies that have published their financial reports on the Indonesia Stock Exchange. The analysis of this study uses multiple linear regressions with the help of (Statistical Package for Social Science) SPSS 25. The results of this study indicate that (a) sales of property companies in Indonesia affect the issue of economic recession. (b) operating cash flows of property companies in Indonesia affect the issue of global economic recession (c) stock prices of property companies in Indonesia have no effect on the global economic recession.