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Analysis of Market Value and Profitability to Return Shares in Manufacturing Companies Listed on BEI Dahlia Pinem
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 3 (2022): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i3.6240

Abstract

The capital market acts as a source of financing for businesses and investment for investors. Therefore, it is necessary to assess the performance of the company that will be used as a place of investment by analyzing the company's financial statements. This study aims to analyze the Market Value and Profitability of Stock Returns on the Indonesia Stock Exchange. Market Value is proxied by Earning per Share, Price Book Value, and Price Earning Ratio, and Profitability is proxied by Return on Assets and Return on Equity. The population of this study are companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2019 period. The sampling technique in this study used a purposive sampling technique. Analysis using Microsoft Excel 2013 using the E-Views 11 program to test the hypothesis with Panel Data Regression Analysis, and the confidence level used is 5%. The results of the t test show that only the ROA, ROE, and PBV variables have a significant effect on stock returns, while the EPS and PER variables have no significant effect on stock returns. Likewise, the results of the F test show that roa, roe, PBV, EPS, and PER simultaneously all affect stock returns.
Pengaruh Kinerja Keuangan dan Nilai Pasar terhadap Harga Saham: Studi pada Perusahaan yang Secara Konsisten Terdaftar sebagai Indeks LQ45 Selama 2020-2021 Amalia Savitri; Dahlia Br. Pinem
Studi Akuntansi, Keuangan, dan Manajemen Vol. 2 No. 1 (2022): Juli
Publisher : Studi Akuntansi, Keuangan, dan Manajemen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/sakman.v2i1.1651

Abstract

Purpose: Assessment of the company's financial performance often uses financial ratios, because financial ratios can provide information on the company's past and current financial condition. Information about financial performance has quite an effect on stock prices because it can provide an overview of the condition of the company as a whole, not only in terms of profit but in terms of assets, debt, capital, and others. This study aims to examine and analyze the effect of financial performance as assessed by Profitability, Liquidity, Solvency, and Market Value, effect on Stock Prices, because there are differences between actual and theoretical data, and there are research gaps in previous studies. The objects of this study are companies listed on the LQ 45 in the 2020-2021 period by disclosing and presenting the required data consistently registered as the LQ45 Index during the 2020-2021 period. Method: used in selecting objects in this study was purposive sampling involving 40 LQ 45 companies listed on the Indonesia Stock Exchange. The data used was panel data regression, and the Chow and Hausman tests were used to select the best test model. Result: The results showed that based on the t-test the results were obtained: the financial performance variables assessed using Profitability, Liquidity and Solvency had no effect on Stock Prices where sig > 0.05 and Market Value Variables had an effect on Stock Prices because sig < 0.005. Contribution: This information is needed by potential investors because the decision to invest requires a thorough analysis to avoid losses.
The Effect of Corporate Sustainability Performance on the Values of Companies Listed in the Sri Kehati Index Dahlia Pinem; Sindi Aulia
Formosa Journal of Sustainable Research Vol. 2 No. 3 (2022): March 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjsr.v2i3.3073

Abstract

This study aims to determine and analyze the effect of Corporate Sustainability Performance as measured by the community component, employee component, environmental component and corporate governance component on corporate value as proxied by the Tobins Q ratio. The approach used in this study is a quantitative approach. This research was conducted on companies that are constituently listed on the Sri Kehati Index by taking a sample of 22 companies using a total sampling technique. Panel data regression analysis was used in this study using Eviews 12. The results of this study indicate that (1) the components of society, employees, environment and corporate governance have an effect on firm value, (2) community components have an effect on firm value, (3) employee component has no effect on firm value, (4) environmental component has no effect on firm value and (5) corporate governance component has no effect on firm value
IDENTIFIKASI POTENSI FINANCIAL DISTRESS PADA INDUSTRI PERTAMBANGAN DI INDONESIA Anisa Wiwid Rizkyana; Ardhiani Fadila; Dahlia Br Pinem
Jurnal Apresiasi Ekonomi Vol 9, No 1 (2021)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (343.731 KB) | DOI: 10.31846/jae.v9i1.336

Abstract

Penelitian ini adalah penelitian kuantitatif untuk mengidentifikasi potensi financial distress pada industri pertambangan di Indonesia. Variabel dependen dalam penelitian ini adalah financial distress. Sedangkan variabel independen dalam penelitian ini adalah profitabilitas, likuiditas, dan leverage. Populasi dalam penelitian ini adalah seluruh perusahaan sektor pertambangan di Bursa Efek Indonesia pada periode 2018-2020 dengan jumlah 50 perusahaan. Pemilihan sampel pada penelitian ini menggunakan purposive sampling. Jenis data yang digunakan addalah data sekunder dan metode analisis data yang digunakan adalah metode analisis regresi logistik dengan menggunakan program e-views 10. Sampel yang digunakan pada penelitian ini sebanyak 46 perusahaan pertambangan yang terdaftar di BEI. Hasil pengujian analisis regresi analisis logistik menggunakan tingkat signifikan sebesar 0.05 menunjukan bahwa profitabilitas dan likuiditas tidak berpengaruh signifikan terhadap financial ditress, sedangkan leverage berpengaruh signifikan terhadap financial distress.
Comparative Analysis of Financial Performance Before and After Mergers and Acquisitions in Companies Listed on the Indonesia Stock Exchange Dahlia Pinem; Munasiron Miftah; Bernadin Dwi; Marlina; Nani Ariani
Formosa Journal of Sustainable Research Vol. 2 No. 9 (2023): September, 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjsr.v2i9.5873

Abstract

The objective of This study will look at the variations in financial performance between businesses before and after mergers and acquisitions in businesses listed on the Indonesia Stock Exchange during the period of 2019-2021. The sample size used in this research is 18 companies selected through purposive sampling approach. The analysis techniques employed are the Wilcoxon Signed-Rank Test and the Paired Sample t-Test. Liquidity, solvency, and profitability are used as variables in this research. The results of this study show that that there are no significant differences in the current ratio, debt to equity ratio, and return on equity of companies before and after the merger and acquisition
ANALYSIS OF THE EFFECT OF FINANCIAL LITERATION, FINANCIAL TECHNOLOGY, INCOME, AND LOCUS OF CONTROL ON LECTURER FINANCIAL BEHAVIOR Wahyudi Wahyudi; Brigitta Azalea Pulo Tukan; Dahlia Pinem
AFEBI Management and Business Review Vol. 5 No. 1 (2020): June
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47312/ambr.v5i1.293

Abstract

This research is a quantitative study that aims to determine the effect of financial literacy, financial technology, income, and locus of control on financial behavior. The population in this study were Lecturers at the Universitas Pembangunan Nasional Veteran Jakarta. The sample size was taken as many as 80 respondents, with methods through nonprobability sampling, purposive sampling. Data collection was carried out through questionnaires. The analysis technique used is the PLS (Partial Least Square) analysis method with SmartPLS 3.0 software. The results of this study indicate that (1) financial literacy has a significant positive effect on financial behavior. (2) financial technology has no influence and is not significant in financial behavior. (3) income has a significant positive effect on financial behavior. (4) locus of control does not influence financial behavior.
Faktor-Faktor Yang Mempengaruhi Keputusan Investasi ESG (Environmental, Social, And Governance) Ahmadin, Ahmadin; Pinem, Dahlia; Bahtiar, Dandi; Hanika, Ita Musfirowati; Sofyan, Hady; Jejen, Atep
Innovative: Journal Of Social Science Research Vol. 3 No. 6 (2023): Innovative: Journal Of Social Science Research
Publisher : Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Penelitian ini bertujuan untuk mengungkap faktor-faktor yang memengaruhi keputusan investasi ESG (Environmental, Social, and Governance) di pasar modal. Penelitian ini merinci faktor-faktor kunci yang mempengaruhi keputusan investasi ESG, termasuk respons perusahaan terhadap isu-isu ESG, peran pemegang saham, regulasi, dan faktor internal perusahaan. Metode penelitian yang diusulkan adalah metode survei, yang melibatkan pengumpulan data dari investor melalui kuesioner yang dirancang khusus. Dengan demikian, penelitian ini akan memberikan wawasan yang lebih dalam tentang preferensi, pengetahuan, dan hambatan yang memengaruhi keputusan investasi ESG para investor. Dengan pemahaman yang lebih mendalam tentang faktor-faktor yang memengaruhi keputusan investasi ESG, para investor dapat membuat keputusan yang lebih terinformasi dan berdampak positif pada dunia sekitarnya. Selain itu, perusahaan-perusahaan yang transparan dan peduli ESG diharapkan dapat menarik minat investor yang mencari investasi yang sejalan dengan nilai-nilai berkelanjutan.  Dalam kesimpulan ini, kita dapat menekankan bahwa faktor-faktor ESG, termasuk lingkungan, sosial, dan tata kelola perusahaan, memiliki dampak signifikan dalam pengambilan keputusan investasi. Keputusan investasi ESG tidak hanya menciptakan dampak positif pada masyarakat dan lingkungan, tetapi juga dapat menghasilkan Return on Investment (ROI) yang lebih baik dalam jangka panjang.
PENGARUH PROFITABILITAS, LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN Rachmawati, Dwi; Pinem, Dahlia Br
EQUITY Vol 18 No 1 (2015): EQUITY
Publisher : Department of Accounting, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34209/equ.v18i1.456

Abstract

This study was conducted to examine the effect of Profitability, Leverage and Firm Size on Firm Value at the Company's  anufacturing base and chemical industry sectors listed in Indonesia Stock Exchange during the years 2013 to 2014. The population in  his study amounted to 55 companies manufacturing industrial  ector basic and chemical contained in the Indonesia Stock Exchange during 2013 to 2014. Samples were obtained in this study of 52 samples selected by purposive sampling method. After outlier data, which eventually resulted 48 samples to be analyzed and tested. Data were tested using multiple linear regression method. These  esults showed that: Provitability significant positive effect on firm value, Leverage not significant effect on firm value and Firm Size positive effect on firm value.
PENGARUH PERSISTENSI LABA DAN LEVERAGE TERHADAP EARNING RESPONSE COEFFICIENT Gurusinga, Jessica Jiley; Pinem, Dahlia Br
EQUITY Vol 19 No 1 (2016): EQUITY
Publisher : Department of Accounting, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34209/equ.v19i1.473

Abstract

This study is to conducted to examine the effect of variable earning persistence and leverage toward earning response coefficient. This study used 15 manufacturing companies belonging goodand food industry are listed in the Indonesia Stock Exchange in 2011-2013. The sampling technique used in this research was purposive sampling, based on criteria, there are 35 companies and tested with multiple regression analysis. The type of data used is secondary data obtained from www.idx.co.id and yahoo.finance.com and hypothesis test using t-statistic and f-statistic with significance level of 5%. These results indicate that the effect is not significant earnings persistence and leverage significant effect. The resulted of examinations can be used as basic information for investors before do the injections. Based on this study it can be delivered to the investor Indonesia Stock Exchange (BEI) to pay attention to other factors in response to the earnings announcement on the company's stock market analysis.
PENGARUH LIKUIDITAS DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA Hera, Maria Dominika Edo; Pinem, Dahlia Br
EQUITY Vol 20 No 1 (2017): EQUITY
Publisher : Department of Accounting, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34209/equ.v20i1.486

Abstract

The purpose of this study was to examine the effect of liquidity and capital structure on firm value with profitability as intervening variable. The population in this study is the consumer goods sector companies listed in the Indonesia Stock Exchange from 2013-2016. Sampling technique using purposive sampling method, with samples produced as many as 20 companies from 37 companies of consumer goods sector. This hypothesis testing uses Path Analysis with E-Views 9.0 and a significance level of 5%. Test results of the testing showed that (1) liquidity has a significant effect on profitability with significance level 0,0192 < 0,05. (2) capital structure has a significant effect on profitability with a significance level of 0.0003 < 0,05. (3) liquidity has no effect on firm value because of the significance level of 0.09982> 0.05. (4) capital structure has a significant effect on firm value with significance level 0,0000 < 0,05. (5) profitability has a significant effect on firm value with significance level of 0.0001 < 0,05. (6) liquidity and capital structure has no effect on firm value through profitability because the indirect influence of both variables is smaller than direct influence.