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Analytics

Cahya Adetrya; Hendra Ibrahim

Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN) 2023 FEB Universitas Maritim Semarang

International business is a business activity carried out between countries by carrying out export and import activities. International trade is the exchange of goods and services across international borders. This usually comes with additional risks caused by changes in exchange rates. The purpose of this analysis is to find out about the influence of international business on Indonesia. In this type of research the author uses descriptive research and collects information and analyzes data using secondary data. From this analysis, it can be seen the influence and impact of international business on Indonesia.

Al Rizal Sandi; Aditya Wahyu Pramana; Ahmad Nabih Taqiyuddin; Moh. Nuril Islam Abdillah

Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN) 2023 FEB Universitas Maritim Semarang

This study aims to determine the effect of independent variables (Foreign Exchange Reserves, Foreign Direct Investment, Inflation Rate, and Interest Rate) on the dependent variable (Import Value) in Indonesia for the last five years. This study uses quantitative analysis with descriptive methods used to obtain empirical evidence of the effect of Foreign Exchange Reserves (X1), Foreign Direct Investment (X2), Inflation Rate (X3), Interest Rate (X4), and Import Value (Y). Panel data regression analysis was used with a significance level of 5%. The results showed that the variables of Foreign Exchange Reserves, Foreign Direct Investment, Inflation Rate, and Interest Rate had no significant effect on Import Value in Indonesia. Foreign Exchange Reserves, Foreign Direct Investment, Inflation Rate, and Interest Rate simultaneously have a significant effect on Import Value in Indonesia.

Rini Porwati

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

This research aims to determine the influence of CPO prices, inflation rates and the Rupiah exchange rate on share prices of companies in the palm oil plantation sub-sector listed on the Indonesia Stock Exchange in 2017-2021. The type of research used is quantitative research with the data source used is secondary data. The sample in this research was 12 oil palm plantation companies using a purposive sampling technique, namely a sampling technique that sets certain criteria. This research uses panel data regression with the selected model, namely the random effect model. The classical assumption tests used include normality tests and multicollinearity tests with t-statistic hypothesis tests, F-statistics and coefficient of determination. The partial research results show that CPO prices have a significant effect on stock prices, the inflation rate has a significant effect on stock prices and the rupiah exchange rate has a significant effect. Meanwhile, the research results simultaneously show that CPO prices, inflation rates and the rupiah exchange rate have a significant effect on stock prices.

Mia Nurmalia; Yunita Indah Saputri; Vanio Bagas Saputra; Dania Dwi Rinita; Endang Kartini Panggiarti

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

Accounting for foreign currency transactions is an important aspect in the scope of corporate finance, especially in the context of business globalization. PSAK 10 (Statement of Financial Accounting Standards) regulates this aspect and provides guidelines on how companies should account for transactions in foreign currencies as well as related financial reporting. This research explores the implementation of PSAK 10 in preparing financial reports, with a focus on foreign currency transactions. In PSAK 10, companies are directed to use the foreign currency exchange rate on the transaction date to measure transactions in foreign currency. In addition, significant changes in foreign currency exchange rates after the transaction date are also taken into account and recognized as exchange gain or loss. A deep understanding of the application of these provisions is crucial so that financial reports accurately reflect the company's financial position. Through literature research and analysis of accounting practices, this article investigates how companies effectively manage foreign currency risks and present relevant and reliable information in their financial reports. A comparison between the methods used by companies in implementing PSAK 10 and best practices in the industry is explained to provide a comprehensive picture. It is hoped that the results of this research will provide in-depth insight into the challenges, opportunities and best policies in dealing with foreign currency transactions based on PSAK 10. The practical implications of compliance with this standard, as well as the potential impact on corporate financial decisions, will also be reviewed. With a better understanding of foreign currency transaction accounting, companies are expected to improve the quality and credibility of their financial reports in an ever-expanding global market.

Nisa Anindyasari; Nabila Septiana Putri; Sani Andriani Nurwafiyah

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

The aim of this research is to analyze the treatment of foreign exchange differences at PT. Elang Mahkota Teknologi Tbk (EMTK), focusing on transaction management, the use of functional currency, and exchange rate risk mitigation. The research method employed is qualitative, with PT EMTK as the research subject. Data was obtained through literature review, referring to the Annual Reports of PT EMTK. The study indicates that PT EMTK adopts a cautious approach in handling foreign exchange transactions. The majority of business units use the Indonesian Rupiah as the functional currency, and the monetary assets and liabilities are adjusted to the exchange rates at the reporting date. Despite the absence of an official hedging policy, the company still considers current market conditions, especially regarding cash and cash equivalents balances in USD. Additionally, the research reveals that PT EMTK conducts sensitivity analysis on exchange rate risk, measuring the impact of exchange rate fluctuations on pre-tax profits. Overall, the company diligently monitors foreign exchange rate risks and takes proactive measures against external factors that may affect financial performance.

Ayu Safitri; Yuniatin Trisnawati D.K.W

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

This study aims to explore the relationship between financial ratios, financial distress, and sales growth rates. The population used is made up of all consumer products industry sector companies that are registered on the Indonesia Stock Exchange between 2018 and 2020. Purposive sampling was used to select and collect 39 company samples in total. The investigation hypothesis was evaluated using logistic regression analysis. This study shows how financial ratios and sales growth both have a significant impact on financial distress. Meanwhile, show to some extent that leverage and profitability have a significant influence on financial hardship, but liquidity and sales growth do not.

Muna Jihan; Lintang Woro; Risma Ajeng

Jurnal Kendali Akuntansi 2023 International Forum of Researchers and Lecturers

The aim of this research is to find out how differences in exchange rates and foreign currency transactions apply to PT Indofarma Tbk and its subsidiaries. This research uses qualitative methods by collecting data sourced from the Company's website, journals and related articles. Based on this research, PT Indofarma Tbk and Subsidiaries have a difference between the exchange rate or exchange rate which occurs due to debt accruals, purchasing medical equipment and imported raw materials.    

Aditya Utami Wulandari; Shafa Inas Syahputri; Revi Nur Aziza

Jurnal Kendali Akuntansi 2023 International Forum of Researchers and Lecturers

This research aims to conduct research on the company PT Triputra Agro Persada Tbk (TAPG) regarding analysis of the treatment of exchange rate differences and foreign currency transactions. PT TAPG Tbk is involved in complex foreign currency transactions, including the treatment of exchange rate differences that affect the company's financial condition. This study used qualitative research methods. The method applied in collecting information and data in this research is literature study, which involves analysis of journals and books as well as related references to support the research being carried out. This research uses the PT TAPG Tbk Q1 2023 Financial Report as well as a news article from Beritasatu.com entitled “Jaga Arus kas, Triputra Agro Percepat Pembayaran Utang” as data sources. The results of this research indicate that PT TAPG Tbk can minimize the risk of changes in foreign exchange rates and provide further understanding of the complex relationship between currency exchange rates and CPO selling prices as well as risk management in company operations.

Dimas Cahya Aji

Jurnal Ilmiah Komputerisasi Akuntansi 2023 Universitas Sains dan Teknologi Komputer

ABSTRACT This research delves into theipinfluenceipof profitability, ipcompanyipsize, ipand iptax rates on the capitalipstructure of mining sectoripcompanies listedipon the Indonesian Stock Exchange between 2019 and 2022. The sample selection involved the purposive sampling method, yielding 112 samples for analysis. Theipfindingsiprevealithat profitability and firmisize significantly affectitheicapital structure,iwhile tax rates do not exhibit a significant impact. Data collection was performed quantitatively, and multipleislinearisregression analysis was employed for data processing. The financial reports used for analysis were obtained from theiIndonesiaiStockiExchange via the idx.co.id website and processed using SPSS  

Muhammad Agustian Sakha; Heni Nur Anggraeni; Novia Amandha; Endang Kartini Panggiarti

Jurnal Kendali Akuntansi 2023 International Forum of Researchers and Lecturers

Accounting pays close attention to aspects of foreign currency transactions and adjustments to the functional currency that impact financial statements. PSAK 10 is the main guideline in regulating changes in foreign exchange rates and affecting businesses. A good understanding of PSAK 10, functional currency, and foreign currency transactions is crucial for business entities, especially those operating in a foreign currency economic environment. The case study used in this research is descriptive qualitative with literature review method. Research that characterizes research subjects based on emerging facts is known as descriptive qualitative research. The results of the research on the case study of PT Dianta Mitrafairindo Internasional highlighted the significant role of foreign exchange transactions in the company's operations, with management seriously implementing proper accounting processes, dealing with foreign exchange differences, and recording them thoroughly. Despite a loss in 2018, the company managed to record a profit in 2019, demonstrating its seriousness and commitment in managing foreign exchange risks. Overall, PT Dianta Mitrafairindo Internasional demonstrated accuracy, vigilance, and a strong commitment to foreign exchange-related accounting aspects in the context of its global business.    

Wilda Efrilyati; Nur Ahmadi Bi Rahmani; Laylan Syafina

Maslahah : Jurnal Manajemen dan Ekonomi Syariah 2023 STAI YPIQ BAUBAU, SULAWESI TENGGARA

Profit sharing is the distribution of business results that have been carried out by the parties who entered into the agreement, namely the customer and the sharia bank. In this case, the results of the business carried out by both parties or one party will be divided according to the portion of each party entering into the contractual agreement. The distribution of business results in sharia banking is determined using the ratio. The ratio is a reward agreed upon by both parties in determining the profit sharing of the collaborative effort. This type of research is quantitative research. Quantitative research is research that uses numbers as a data source. In this research the author uses an associative approach. Associative research is research that uses two or more variables one with another variable. The reason researchers use associativity as a research method is because in this research there is a relationship between one variable and another variable with appropriate research indicators. Research shows that there is a positive influence between Profit Sharing on Income Growth. There is a positive influence between the exchange rate on income growth. There is a positive influence between Inflation on Income Growth. There is a positive influence between Profit Sharing, Exchange Rates and Inflation on Income Growth..

Anggun Putri; Rangkuty, Dewi Mahrani

The purpose of this study is to look at export and import activities in supporting economic stability before and during the pandemic. The method used is VAR and Difference Test. The results of the VAR research show that Export and Import activities contribute to each other and are optimal in supporting economic stability in Indonesia, both in the short, medium and long term. The results of the FEVD show that the policies used in Export activities are in the short term carried out by Exports themselves, then in the medium and long term the policies used in maintaining Export activities are Exports themselves and are influenced by Imports. Then the results of the FEVD show that the policy in maintaining imports in the short, medium and long term is with imports itself and followed by exports. Then the results of the Difference Test show that there are no significant differences in inflation and exchange rates before and during the Covid-19 pandemic. If there is an error in taking action on Exports and Imports, it can make the economy unstable. Thus, in sustaining economic stability in Indonesia, the Government must monitor and take the right policies, both by reducing and increasing exports and imports. Where if you take the wrong action, it will have a huge impact on the Indonesian economy. Then for the future the Central Bank to maintain stable inflation and exchange rates, so that the economy is maintained.

Gulo, Antonius; Bakhtiar Efendi; Wahyu Indah Sari

This study aims to analyze the contributions of the variable interactions of monetary policy in the stability ofgoods and services prices. Where is the monetary policy variable (inflation, kurs, consumer price index, grossdomestic products, the money supply, and interest rates). Research in conducted in the country of Indonesia and uses secondary data or time series from 2008 to 2021. The data analysis model in this study is Simultaneous Model and Different Test. Simultaneous equations to analyze the relation between independent and variable variables found in the research country. Whereas different tests examine the different monetary policy variables before and during the covid-19 pandemic. Simultaneous analysis of equations on statistical test common equation 1 suggests that variable interest rates, money distribution, exchange rates and consumerprice indexes have significant adverse effects on the INF. Whereas in the same equation 2, it suggests that gross domestic product variables have a positive relationship that is significant to the CPI. And inflation has a negative relationship significantly insignificant t CPI. And different test results show that inflation movement, kurs, money supply, interest rates and CPI before and during the covid-19 pandemic in Indonesia indicate significant results. For this reason, the researcher hopes that the monetary authority, namely Bank Indonesia, can improve monetary stability and maintain the BI rate in regulating the money supply so that it can suppressthe inflation rate as an effort to stabilize the prices of goods and services.

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.

Chan Darakhsha; Faaz Enver; Haider Abdad; Khaleed Jalal

Pusat Publikasi Ilmu Manajemen 2023 Fakultas Ekonomi & Bisnis, Univ

The exchange rate is the value of one unit of local currency for one unit of foreign currency. Currency exchange rates are one of the most important economic elements that affect a country. Currency changes may have a sizeable effect on various sectors of the economy, including international trade, foreign investment, inflation, and general economic stability. The analytical method used in this study is to see the effect of the inflation rate (X1) and Bank Indonesia interest rates (X2) as independent variables on the US rupiah/dollar exchange rate for the 2018 – 2022 period (Y) as the dependent variable, namely Statistical Descriptive Analysis and Regression Analysis Multiple Linear. The results of the study show that the inflation rate has a positive effect on the rupiah/US dollar exchange rate and Bank Indonesia interest rates have a negative effect on the rupiah/US dollar exchange rate.

Zubaidah Nasution

The purpose of this study is to analyze the consumer price index in Indonesia and identify the factors that contribute to changes in consumer prices. This research will involve statistical and econometric analysis to identify the relationship between the CPI and important variables such as money supply, interest rates, GDP, exchange rates, and other relevant factors. This research is a qualitative descriptive study with a literature study method through literature studies sourced from journals of previous research results, using time series data from 2003 to 2022 obtained from the Central Statistics Agency (BPS) and Bank Indonesia. The results of this study explained that the money supply, interest rates, gross domestic product and exchange rates have a close relationship with the consumer price index variable in Indonesia

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.

Toni Ong; Yandi Suprapto; Nico Fernando; Vanness Kangnanda

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

International trade is trade carried out between countries by carrying out export and import activities. International trade is the international exchange of goods and services across international borders. This is usually accompanied by the added risk of changes in exchange rates. The purpose of this analysis is to determine the influence of international trade on Indonesia, where the author uses descriptive research and collects information and analyzes data using secondary data. From this analysis, it can be seen the impact of international trade and its impact on Indonesia

Mardhika, Sabda Maheswara; Persada, Hanifa Nada; A’rifa, Maulina Maalak

Jurnal Ekonomi, Bisnis dan Manajemen (EBISMEN) 2023 FEB Universitas Maritim Semarang

This research is motivated by a phenomenon. As this phenomenon and previous studies present different research gaps and have been conducted for quite some time, further studies are needed to test the consistency of the results of previous studies and also to revisit existing research gaps. is needed.The focus of my research in writing this journal is how monetary policy has a material impact on Indonesia's Islamic commercial bank lending products and how the inflation rate has a material impact on Indonesia's Islamic commercial bank lending products and the magnitude of the impact of monetary policy. Monetary Policy Politics and inflation rates in the Indonesian economy. The data used in this study are secondary data. Secondary data is research data obtained indirectly (acquired and recorded by others) through an intermediary medium. Secondary data for this study were obtained from the Indonesian Stock Exchange (IDX) Islamic Commercial Bank Listed Companies Annual Reports, OJK Shariah Bank Statistical Financial Statements (SPS), and financial statements issued by Bank Indonesia. The analysis method used in this study is multiple regression analysis. The purpose of this regression analysis is to obtain a comprehensive picture of the relationship between the independent and dependent variables of each company's performance. Before running multiple linear tests, this method requires a classical assumption test for best results. SPSS software version 23 is used to process the data.

Aas Ariska; Alfi Nihayatul Rohmah; Agus Eko Sujianto

CiDEA Journal 2023 Universitas 17 Agustus 1945 Semarang

Over time, Islamic banking is growing more rapidly, this phenomenon also affects the economic system in Indonesia. This study aims to determine the effect of inflation and exchange rates on mudharabah financing in Islamic banking in Indonesia. This research is a quantitative study using time series data. The data used is secondary data obtained from the official website of Bank Indonesia (BI) and the Central Bureau of Statistics (BPS). The samples used in this study are inflation, exchange rates and mudharabah which are annual historical data starting from 2013-2021. The data analysis technique is using multiple regression analysis with the Ordinary Least Square (OLS) method. This study shows the results that inflation has a significant negative effect on mudharabah financing. Meanwhile, the exchange rate does not have a significant effect on mudharabah financing.