Garuda - Garba Rujukan Digital

Faktor-Faktor yang Mempengaruhi Underpricing pada Perusahaan yang IPO di Bursa Efek Indonesia Syahrul Ilyasa; Sugeng Wahyudi
SEIKO : Journal of Management & Business Vol 4, No 1 (2021): January - Juny
Publisher : Program Pascasarjana STIE Amkop Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/sejaman.v4i1.1216

Abstrak Penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempangaruhi tingkat underpricing pada perusahaan yang go public di Bursa Efek Indonesia dari tahun 2015-2019. Tingkat underpricing pada penelitian ini diukur menggunakan initial return dan market adjusted abnormal return (MAAR) dengan variabel independen yang diteliti meliputi reputasi underwriter, total dana yang ditawarkan (issue size), sentiment investor dan hot market issue. Penelitian ini juga mempertimbangkan variabel kontrol meliputi harga akhir berdasarkan interval harga pada prospectus, risiko penawaran dan status papan pencatatan. Populasi dan sampel yang digunakan adalah seluruh perusahaan yang go public di Bursa efek Indonesia sebanyak 156 data perusahaan. Metode analisis data yang digunakan adalah analisis ordinal least square (OLS). Hasil penelitian menunjukan bahwa reputasi underwriter, total dana penawaran berpengaruh negatif signifikan baik terhadap initial return maupun market adjusted abnormal return (MAAR). Hot market issue berpengaruh positif signifikan baik terhadap initial return maupun MAAR. Sentimen investor tidak berpengaruh signifikan baik terhadap initial return maupun MAAR. Kata Kunci: underpricing; initial public offering Abstract This study aims to analyze the factors that affect the level of underpricing in companies that go public on the Indonesia Stock Exchange from 2015-2019. The dependent variable of this study is the level of underpricing which is measured using initial return and market-adjusted abnormal return (MAAR). The independent variables of this study are underwriter reputation, total funds offered (issue size), investor sentiment, and hot market issue. The control variables of this study were the final price based on the price interval on the prospectus, bid risk, and board status. The population in this study were all companies that went public on the Indonesia Stock Exchange as many as 156 company data. The data analysis method used is ordinal least square (OLS) analysis. The results showed that the underwriter's reputation, total offer funds had a significant negative effect on both the initial return and MAAR. Hot market issues have a significant positive effect on both the initial return and MAAR. Investor sentiment has no significant effect on both the initial return and MAAR. Keywords: underpricing; initial public offering

PENGARUH CAR, FDR, DAN BOPO DENGAN NPF SEBAGAI VARIABEL MODERATING TERHADAP KINERJA KEUANGAN PERBANKAN SYARIAH DI INDONESIA (Studi Empiris pada Bank Umum Syariah di Indonesia Periode 2014 Q1 – 2018 Q4) Taufik Kurnia; Sugeng Wahyudi
JURNAL STUDI MANAJEMEN ORGANISASI Vol 18, No 2 (2021)
Publisher : Faculty of Economics and Business | Universitas Diponegoro

The purpose of this study was to determine the effect of CAR, FDR, and BOPO with NPF as a moderating variable on the Profitability of Islamic Commercial Banks in Indonesia in the period 2014 to 2018. Profitability is proxied by ROA as a measure of the amount of profit generated.The sample in this study is Islamic commercial bank in Indonesia during the period 2014-2018. The number of samples were 11 banks taken by purposive sampling method. The analytical method of this study uses MRA (Moderated Regression Analysis) with the SPSS 25 program which previously passed the classic assumption test.The results of this study indicate that CAR has a positive and significant effect on ROA. FDR has a positive no significant effect on ROA. BOPO has a negative and significant effect on ROA. NPF able to moderate CAR relationship effect on ROA. NPF not being able to moderate FDR relationship effect on ROA. NPF able to moderate BOPO relationship effect on ROA.

THE IMPACT OF CORPORATE GOVERNANCE ON ROA AND STOCK RETURN Bagas Wicaksono; Sugeng Wahyudi
Jurnal Akuntansi dan Pajak Vol 23, No 1 (2022): JAP : Vol. 23, No. 1, Februari 2022 - Juli 2022
Publisher : ITB AAS INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jap.v23i1.4983

This paper aims to examine the effect of corporate governance on company performance. This study uses components of corporate governance, namely, independent ownership, concentrated ownership, board independence and board size as independent variables. The dependent variable used to describe the company's performance is return on assets and stock return. This research population is companies listed on IDX and samples taken from companies from the manufacturing sector from 2016 to 2019 collected 540 samples. Based on the results of the research analysis, board independence and board size variables have a significant positive effect on the return on assets variable that supports agency theory and ownership concentration variables have an influence on stock returns that support signal theory

THE IMPACT OF CORPORATE GOVERNANCE ON ROA AND STOCK RETURN Bagas Wicaksono; Sugeng Wahyudi
Jurnal Akuntansi dan Pajak Vol 23, No 1 (2022): JAP : Vol. 23, No. 1, Februari 2022 - Juli 2022
Publisher : ITB AAS INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jap.v23i1.4983

This paper aims to examine the effect of corporate governance on company performance. This study uses components of corporate governance, namely, independent ownership, concentrated ownership, board independence and board size as independent variables. The dependent variable used to describe the company's performance is return on assets and stock return. This research population is companies listed on IDX and samples taken from companies from the manufacturing sector from 2016 to 2019 collected 540 samples. Based on the results of the research analysis, board independence and board size variables have a significant positive effect on the return on assets variable that supports agency theory and ownership concentration variables have an influence on stock returns that support signal theory

Green Finance and Competitiveness in Fintech Adoption: Digital Transformation and Sustainability in Indonesian Banks Rachmawati, Windasari; Sugeng Wahyudi; Wisnu Mawardi
Riset Akuntansi dan Keuangan Indonesia Vol. 10 No. 1 (2025): Riset Akuntansi dan Keuangan Indonesia
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/reaksi.v10i1.8571

The increasing global focus on sustainability is prompting organizations to integrate financial technology (Fintech) solutions to increase their sustainability outcomes. This research seeks to explore the intermediary role of green finance and competitiveness, along by the moderating influence of digital transformation (DT), on the link among Fintech and sustainability performance. The study constructs a conceptual framework based on responses from bank employees in Central Java, Indonesia. Data were gathered from 170 bank employees and analyzed utilizing Smart-Partial Least Square (PLS). The findings reveal that Fintech adoption does not significantly negatively impact sustainability performance. Additionally, while Fintech adoption shows a positive but insignificant effect on green finance and competitiveness, it has an insignificant negative impact on competitiveness and sustainable performance. Digital transformation, as a moderator of the connection among Fintech adoption and green finance, competitiveness, and sustainability performance, also shows an insignificant positive effect.

Pengenalan Literasi Budaya dan Pencegahan Konflik di Indonesia Vidya Kusumawardani; Dinar Ayu Chandra Agustin; Riong Seulina; Danang Trijayanto; Sugeng Wahyudi
Khidmatuna: Jurnal Pengabdian Masyarakat Vol. 2 No. 1 (2023): Juni
Publisher : Lembaga Penelitian dan Pengabdian Kepada Masyarakat STAI Al Fithrah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36781/khidmatuna.v2i1.441

Kegiatan Pengabdian Kepada Masyarakat yang betemakan literasi budaya ini telah dilaksanakan pada tanggal 26 Juli 2022 dengan judul Pengenalan Literasi Budaya dan Pencegahan Konflik di Indonesia yang diadakan di SMAN 40 Jakarta. Metode pengambilan data kegiatan sosilaisasi dilakukan dengan menggunakan data kuantitatif dengan menggunakan questionnaire dengan menggunakan pendekatan Skala Likert yang terdiri dari SS, S,KS, TS, dan STS pada saat Pre test maupun piost test yang teridiri 10 pertanyaan. Dari hasil data pre-test diatas dapat disimpulkan bahwa dari 33 orang mahasiswa masing-masing sudah memahmi pentingnya literasi budaya untuk mencegah konflik yang terjadi di Indonesia yang meliputi pertanyaan 1 (72%), pertanyaan 2 (45%), pertanyaan 3 (54%), pertanyaan 4 (57%), pertanyaan 5 (48%), pertanyaan 6 (60%), pertanyaan 7 (54%), pertanyaan 8 (54%), pertanyaan 9 (60%), dan pertanyaan 10 (78%). Sedangkan dari data post test dapat disimpulkan bahwa dari 33 orang mahasiswa masing-masing sudah memahmi pentingnya literasi budaya untuk mencegah konflik yang terjadi di Indonesia yang meliputi pertanyaan 1 (75%), pertanyaan 2 (45%), pertanyaan 3 (69%), pertanyaan 4 (51%), pertanyaan 5 (51%), pertanyaan 6 (57%), pertanyaan 7 (63%), pertanyaan 8 (63%), pertanyaan 9 (75%), dan pertanyaan 10 (72%). Dengan adanya peningkatan pemahaman siswa terkait dengan literasi budaya ini hal ini sesuai dengan program yang dicanangkan oleh Kementerian Pendidikan dan Kebudayaan adalah untuk memberikan pemahaman kepada siswa terkait dengan sikap untuk dapat saling menghormati, menghargai pluralism yang ada didalam masyarakat Indonesia yang sangat rentan dengan koflik sara.

Working Capital Management Strategies In The Manufacture Sector, Systematic Literature Review Faisal Riza Rahman; Sugeng Wahyudi
International Conference On Digital Advanced Tourism Management And Technology Vol. 1 No. 2 (2023): International Conference on Digital Advanced Tourism, Management, and Technolog
Publisher : Sekolah Tinggi Ilmu Ekonomi Pariwisata Indonesia Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56910/ictmt.v1i2.99

This study aims to investigate the trends in existing studies in the field of working capital management in the context of capital markets in terms of definitions, theories, themes, and methodologies. Working capital is one of the principal drivers of value in a company. This research is a systematic literature review conducted using the Preferred Reporting Items for Systematic Reviews and Meta-Analysis method, which is carried out systematically by adhering to the correct stages or research protocols with the Scopus database. A total of 30 articles were published in 24 journals from 2018-2023 were selected. This study used systematic data to reveal trends in working capital, quantitative analysis, and literature review to define relevant themes within the topic. The most research on working capital management strategies is in European countries, Ireland, Czech Republic, Hungary, Slovakia, Poland, Russia, and Eastern Europe, namely 36.7%. This shows that there is still little similar research in the Southeast Asia region. Most are still looking for a correlation between working capital management and company performance as proxied by return on assets (ROA). Implementing efficient working capital management is a key factor in the success of a company's business, especially in the manufacturing sector which depends on working capital funding.

Title

Found 7 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 7 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 7 Documents
Search