Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal Management Studies and Entrepreneurship Journal (MSEJ)
Dian Prawitasari
Universitas Dian Nuswantoro, Semarang
Decision Sciences, Operations Research & Management

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Determinan Return Saham: Analisis Volume Perdagangan, Volatilitas Harga Saham Dan Pertumbuhan Aset Pada Perusahaan Perbankan Di BEI Periode 2022-2025 Vicka Dilla Ayu Puspita; Linda Ayu Oktoriza; Aris Puji Purwatiningsih; Dian Prawitasari
Management Studies and Entrepreneurship Journal (MSEJ) Vol. 7 No. 6 (2026): Management Studies and Entrepreneurship Journal (MSEJ)
Publisher : Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/dzptmb73

Abstract

Studi ini diorientasikan guna menguji secara empiris kontribusi dari volume perdagangan, volatilitas harga saham, dan pertumbuhan aset terhadap return saham pada entitas subsektor perbankan yang mencatatkan sahamnya (listing) di otoritas Bursa Efek Indonesia kurun waktu 2022 hingga 2025. Eksplorasi teoretis dalam kajian ini dilatarbelakangi oleh fluktuasi nilai pengembalian investasi yang sangat dinamis, seiring dengan gejolak pasar makro, sentimen pasar global, serta eskalasi partisipasi pemodal domestik. Universe populasi memayungi 48 korporasi perbankan aktif. Melalui penerapan teknik purposive sampling dengan instrumen kepatuhan kriteria laporan keuangan yang rigid, terpilih 29 emiten yang merangkum total 96  titik observasi longitudinal. Selanjutnya, Estimasi parameter dianalisis menggunakan pemodelan regresi linier berganda (multiple linear regression) berbantuan perangkat lunak IBM SPSS versi 29. Temuan empiris mengonfirmasi bahwa baik volume transaksi maupun volatilitas harga instrumen ekuitas tidak memiliki relevansi signifikan dalam memproyeksikan pergerakan return saham. Sebaliknya, laju ekspansi skala perusahaan terbukti memberikan stimulus positif serta bermakna secara statistik terhadap pembentukan return saham. Kendati demikian, pengujian secara simultan menunjukkan konfigurasi seluruh variabel prediktor mampu memengaruhi pergerakan return secara nyata. Hasil penelitian ini diharapkan dapat memperluas pemahaman empiris terkait faktor-faktor penentu return saham pada sektor perbankan serta menjadi pertimbangan bagi investor dalam pengambilan keputusan investasi. Keterbatasan penelitian yaitu penulis tidak dapat mengontrol faktor-faktor eksternal di luar model penelitian dan peristiwa global yang juga dapat memengaruhi return saham. Selain itu. penulis terbatas pada data sekunder yang tersedia di perusahaan yang menjadi sampel penelitian. Serta perolehan koefisien Adjusted R-Square yang tergolong masih sangat rendah.
Studi Komparatif Likuiditas, Leverage, Perputaran Asset,  Profitabilitas Dan Harga Saham Sebelum Dan Sesudah Program Makan Bergizi Gratis Pada Perusahaan Sub Sektor Makanan Dan Minuman Raul Kurniawan; Maria Safitri; Dian Prawitasari; Pradana Jati Kusuma
Management Studies and Entrepreneurship Journal (MSEJ) Vol. 7 No. 6 (2026): Management Studies and Entrepreneurship Journal (MSEJ)
Publisher : Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/hc5qg424

Abstract

The Free Nutritious Meal (MBG) Program is a government policy expected to improve public nutrition while also influencing the food and beverage industry. The implementation of this program may affect companies' financial performance and capital market responses, making it important to examine the differences in corporate conditions before and after the program. This study aims to analyze the differences in the Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Return on Assets (ROA), and stock prices of food and beverage sub-sector companies listed on the Indonesia Stock Exchange before and after the implementation of the Free Nutritious Meal Program. This research employed a quantitative approach using a comparative study design. The sample consisted of 12 companies selected through purposive sampling, resulting in 48 observations before and 48 observations after the implementation of the MBG Program. Data were collected from corporate financial statements and stock price records, then analyzed using the Shapiro–Wilk normality test, followed by the Wilcoxon Signed Rank Test because the data were not normally distributed. The results indicate significant differences in the Current Ratio (p = 0.005), Total Asset Turnover (p = 0.001), Return on Assets (p = 0.011), and stock prices (p = 0.006) before and after the implementation of the MBG Program. In contrast, the Debt to Equity Ratio (p = 0.264) does not show a significant difference. This study concludes that the implementation of the Free Nutritious Meal Program is associated with changes in liquidity, activity, profitability, and market responses of food and beverage companies, while no significant change is observed in their capital structure. These findings are expected to provide useful insights for investors, companies, academics, and policymakers in evaluating the impact of the Free Nutritious Meal Program on corporate performance.
Co-Authors Aris Puji Purwatiningsih Maria Safitri Oktoriza, Linda Ayu Pradana Jati Kusuma Raul Kurniawan Vicka Dilla Ayu Puspita