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PENGARUH RASIO KEUANGAN TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SEKTOR PERDAGANGAN ECERAN DI BURSA EFEK INDONESIA TAHUN 2015-2018 Damajanti, Anita; Wulandari, Hasnita; Rosyati, Rosyati
Solusi Vol. 19 No. 1 (2021): January
Publisher : Fakultas Ekonomi, Universitas Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26623/slsi.v19i1.2998

Abstract

Persaingan usaha yang ketat di sektor perdagangan eceran atau retail mengakibatkan beberapa gerai menutup usahanya. Faktor penyebab tutupnya retail besar di beberapa tempat antara lain kebiasan masyarkat yang mengalihkan cara belanja ke online, daya beli masyarakat yang menurun dan lesu, dan faktor internal dari dalam perusahaan itu sendiri. Penelitian ini bertujuan untuk menguji secara empiris pengaruh rasio keuangan terhadap financial distress pada perusahaan sektor perdagangan eceran yang terdaftar di Bursa Efek Indonesia tahun 2015-2018. Rasio keuangan yang diteliti adalah rasio profitabilitas, likuiditas, leverage, aktivitas, dan sales growth. Variabel Financial Distress di proksikan menggunakan rumus Altman Z-Scored. Data diperoleh dari perusahaan sektor perdagangan eceran yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2015-2018. Sampel dipilih dengan metode purposive sampling. Perusahaan yang memenuhi kriteria sampel sebanyak 19 perusahaan. Berdasarkan metode data panel diperoleh 76 data dari 19 perusahaan selama 4 tahun. Tahap selanjutnya dilakukan uji outlier dan diperoleh hasil akhir data yang dapat diolah sebanyak 74 data. Pengujian hipotesis menggunakan regresi linear berganda untuk menguji pengaruh rasio keuangan secara parsial dan simultan terhadap financial distress. Hasil pengujian hipotesis menunjukkan bahwa secara parsial rasio profitabilitas, likuiditas, leverage dan sales growth berpengaruh signifikan terhadap financial distress, sedangkan rasio aktivitas tidak berpengaruh signifikan terhadap financial distress. Secara simultan semua variabel berpengaruh signifikan terhadap financial distress. Nilai adjusted R2 sebesar 0,955 menunjukkan bahwa rasio profitabilitas, likuiditas, leverage, sales growth, dan rasio aktivitas  mampu memprediksi variabel financial distress sebesar 95,5% dan sisanya yaitu 4,5% diprediksi oleh   variabel di luar model penelitian.  Kata Kunci : Financial Distress, Rasio Keuangan, Perdagangan Eceran
FAKTOR PENENTU FLUKTUASI PERGERAKAN INDEKS HARGA SAHAM GABUNGAN (IHSG) DI BURSA EFEK INDONESIA (BEI) Handika, Hangga; Damajanti, Anita; Rosyati, Rosyati
Solusi Vol. 19 No. 3 (2021): July
Publisher : Fakultas Ekonomi, Universitas Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26623/slsi.v19i3.3503

Abstract

Indeks  Harga  Saham  di  Pasar modal dipengaruhi oleh banyak  faktor.Fluktuasi pergerakan Indeks Harga Saham Gabungan (IHSG) mencerminkan kondisi yang terjadi di Bursa saham. Penelitian ini bertujuan untuk mengetahui pengaruh Tingkat Suku Bunga SBI, Inflasi, Nilai Kurs IDR/USD, Harga Minyak Dunia, Harga Emas Dunia, dan Indeks Dow Jones terhadap IHSG di BEI secara simultan dan parsial. Adanya ketidakkonsistenan antara hasil penelitian - penelitian terdahulu dengan teori yang telah dikemukakan mengenai IHSG menimbulkan pokok masalah yang menarik untuk diteliti kembali.Metode   analisis  yang  digunakan  dalam  penelitian  ini  adalah  regresi linier berganda. Sebelum melakukan analisis regresi data-data penelitian terlebih dahulu harus memenuhi uji asumsi klasik yang meliputi uji normalitas, autokolerasi, heteroskedastisitas, dan multikolinieritas. Data penelitian yang digunakan merupakan data sekunder yang dipublikasikan melalui website Bank Indonesia, Yahoo Finance, investing, goldpriceoz berupa data bulanan dari tahun 2014 sampai dengan 2020 untuk tiap variabel penelitian.Hasil dari penelitian ini secara simultan menunjukkan bahwa variabel Tingkat Suku BungaSBI, Inflasi, Nilai Kurs IDR/USD, Harga Minyak Dunia, Harga  Emas  Dunia,  dan  Indeks  Dow  Jones  secara   simultan  berpengaruh signifikan tehadap IHSG. Sementara secara parsial menunjukkan bahwa variabel Tingkat Suku Bunga SBI, Inflasi, dan Harga Minyak Dunia secara parsial berpengaruh negatif tidak signifikan terhadap IHSG. Nilai Kurs IDR/USD dan Harga Emas Dunia secara parsial berpengaruh negatif dan signifikan terhadap IHSG.  Indeks  Dow  Jones  secara   parsial  berpengaruh  positif  dan  signifikan terhadap IHSG.  
Determinan Kinerja Karyawan Bank Syariah Rosyati, Rosyati; Damajanti, Anita; Karim, Abdul
EconBank: Journal of Economics and Banking Vol 6 No 1 (2024): Econbank
Publisher : Sekolah Tinggi Ilmu Ekonomi Bank BPD Jateng

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35829/econbank.v6i1.360

Abstract

The purpose of this conducted research was to test empirically how much influence the variables of education, organizational culture, work wages, work motivation have on employee performance variables. The research was conducted at Bank Jateng Syariah. The form of the research is quantitative research, using multiple linear regression analysis. Previously carried out model tests and statistical tests assisted by the SPSS 25 program. The number of respondents in this study were 60 respondents taken by purposive sampling method. Employees who are used as respondents must be permanent employees who work as front liners. The results showed that the higher the education, organizational culture, wages and work motivation, the higher the employee performance has the potential. In terms of significance, only education and work motivation show significant effects. Even though this study did not experience significant obstacles and the research model also showed feasibility, further research could still be carried out. Subsequent research can add more research variables.
THE IMPACT BUDGETARY PARTICIPATION TOWARD MANAGERIALS PERFORMANCE AND JOB SATISFACTION : JOB RELEVANT INFORMATION (JRI) AND BUDGET GOAL COMMITMENT AS INTERVENING VARIABLE Panghegar, Dwias; Rosyati, Rosyati
Jurnal Analisis Bisnis Ekonomi Vol 7 No 2 (2009)
Publisher : Universitas Muhammadiyah Magelang

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Abstract

The current study uses job relevant information and budget goal commitment as intervening variable between relationship participative budgeting toward manager’s performance and job satisfaction. Data for this study were collected using a questionnaire survey sent to 114 middle managers and lower manajer working in 29 service companies in the Magelang. At least 29 manager who has participated in this research, also same to 66% response rate. The study employs a multiple regression model to analyze the hiphotesis and assist by the SPSS 12.00 from windows programs. The result of this research is showed that the relationship between participative budgeting and managerial performance statistically significant, the relationship between participative budgeting and job satisfaction statistically significant, job-relevant information and goal commitment budgeting –as intervening variables—statistically, significantly affect the relationship between participative budgeting and managerial performance, job-relevant information and goal commitment budgeting - as intervening variables- statistically, significantly affect the relationship between participative budgeting and budget goal commitment does not statistically significantly influence job satisfaction.
MENGUKUR KINERJA PERUSAHAAN DENGAN BALANCED SCORECARD : Studi Kasus Pada Perusahaan Daerah Air Minum Kota Magelang Rosyati, Rosyati; Luk, Luk Luk
Jurnal Analisis Bisnis Ekonomi Vol 2 No 1 (2004)
Publisher : Universitas Muhammadiyah Magelang

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Abstract

Balance scorecard has a competitive advantage that building strategic management systems now different with traditional management. Implementation in PDAM Magelang expected increase the quality of services, including in non financial. Therefore, PDAM has to measure its performance not only the financial aspect, but also non financial to reach goal congruence. This research reviews the implementation Balance Scorecard in PDAM Magelang. The analysis method using evaluation in performance measurement at four perspectives - financial perspective, costumer perspective, internal bussiness perspective, and innovation and learning perspective. The result shows that financial performance in PDAM Magelang appropriate with financial perspective on BSC. The costumer perspective can not meet 80%, but only 74% suitable with BSC perspective. In internal bussiness perspective suitable as health standard, have no taste, no smell and no color. The innovation and learning perspective can see on employees PDAM Magelang sill not sufficent with BSC perspective. PDAM Magelang must develop its employees like give them opportunity to to get education and increase the grade. Finally, placing its employees congruence with there skill and education.
GAYA KEPEMIMPINAN, DESENTRALISASI SEBAGAI VARIABEL MODERATING DALAM HUBUNGAN ANTARA PARTISIPASI PENYUSUNAN ANGGARAN DENGAN KINERJA MANAJERIAL Rosyati, Rosyati; Fajriyah, Anni Fajriyah
Jurnal Analisis Bisnis Ekonomi Vol 3 No 1 (2005)
Publisher : Universitas Muhammadiyah Magelang

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Abstract

Planning in a company, budget is top-drawer component. Budget is containing planning concerning monetary plans summary of organization in the future. Budget personate performance criterion weared as operation system to measure performance of manajerial. Effective performance is if intention of tired budget and participation of subordinate hold important role in attainment of target. This research will test factors influencing relation between participation compilation of performance and budget of manajerial by using approach of contingency. Factor the used is leadership style relate to factor of situasional decentralization and as factor of kontekstual organisasional. Leadership style and decentralization used as by approach of coningency in this research because both the factor can influence environment palnning of organization. Target to reach in this research is to test imperically how far leadership style and decentralized authority what overflows degree the functioningness as variable of moderating influence relation between budget participation with performance of manajerial. To support and reach target and also intend this research is used by method analyze simple linear regression and interaction test for the model research. The quality of data use validity test and test of reabilitas. Level of independent variable contribution to variable of dependen shown with coefficient test of determinasi (test R). Text Hypothesis use test of F and test t. Research result obtained by evidence that there is relation which isn't it between budget participation with performance of manajerial, existence of positive relation between budget participation with decentralization to performnace manajerial, and there no relaion between budget participation with style leadership of performance between manajerial. persuant to research result, suggested that by manufacturing business in Magelang, Temanggung, and Purworejo in compilation of budget entangle middle manager so to be can participate and apply system secentralize so that will improve performance on manajerial.
STRATEGI INOVASI PROSES DAN PRODUK TERHADAP KINERJA MANAJERIAL YANG DIMEDIASI SISTEM KONTROL Rosyati, Rosyati
Jurnal Analisis Bisnis Ekonomi Vol 6 No 2 (2008)
Publisher : Universitas Muhammadiyah Magelang

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Abstract

The objective of this study is testing of effect between process innovation strategy, product innovation strategy to managerial performance and testing of effect between process innovation with operational control system to managerial performance, and testing of effect between product innovation with operational control to managerial performance. The methods of sampling data which is used in this study is convenience sampling. The statisticanalysis media which is used is regression analysis. The research sample included manager, head section and head subsection of printing companies in Magelang district which induced 31 persons. The result of the study shows that there was an effect fro process innovation strategy managerial performance. There was an effect between product innovation with operational control system system to managerial performance. And there was a positif effect from the product innovation interaction with operational control system to managerial performance. Related to the result, controlling the budget was suggested or predicted as early as possible in order to increasing the affectivity of the company budget especially in planning and controlling activity.
INFLUENCE OF BOND RATING CHANGES ANNOUNCEMENT TO RETURN SHARE OF COMPANY (On Company Who Go Public In IDX Period 2005-2007) Rosyati, Rosyati
Jurnal Analisis Bisnis Ekonomi Vol 7 No 1 (2009)
Publisher : Universitas Muhammadiyah Magelang

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Abstract

This research aim to test return share difference between before, moment, and after bond rating announcement, test return share of company before experience across classes and after experience bond rating, test difference of company return share before experience within classes and after experience within classes, test difference of return share for go public company in IDX experience bond rating changes. Based of sample intake technique obtained sample as much 36 company, that is 26 company experience across classes and 12 company experience within classes. The hypothesis test use ANOVA, paired sample t test and independent sample t test. Result of research show that no difference between return share before, moment and after bond rating announcement. No advanced company return share before experience across classes and after experience across classes. No decreased return share between before and after bond rating announcement experience within classes. No diffrence return share between company exprience across classes bond rating and company experience within classes bond rating.