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PENGARUH KEBIJAKAN DIVIDEN, RETURN ON EQUITY DAN CURRENT RATIO TERHADAP NILAI PERUSAHAAN (PBV) PADA PERUSAHAAN SEKTOR PROPERTY, REAL ESTATE BUILDING CONTRUCTION DI BURSA EFEK INDONESIA PADA PERIODE 2014-2017 Sisilia, Mariska; Sitompul, Melva Melany; Sihite, Edo Tumpak; Chairunnisa, Ulfa; Lombu, Novia Eunike
JURNAL MUTIARA MANAJEMEN Vol 4 No 1 (2019): JURNAL MUTIARA MANAJEMEN
Publisher : UNIVERSITAS SARI MUTIARA INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (632.055 KB)

Abstract

Penelitian ini bertujuan untuk menguji dan menganalisis bagaimana pengaruh Kebijakan Dividen, Return On Equity dan Current Ratio terhadap nilai perusahaan (PBV) pada perusahaan Property, Real Estate Building Contruction yang terdaftar di bursa efek indonesia pada periode 2014-2017. Metode penelitian yang digunakan dalam penelitian ini menggunakan metode pendekatan penelitian kuantitatif, jenis penelitian adalah Deskriptif kuantitatif, sifat penelitian eksplanatory. Populasi penelitian ini sebanyak 66 perusahaan property, real estate building construction dengan teknik pengambilan sampel purpose sampling berjumlah 24 perusahaan property, real estate building construction yang memenuhi kriteria. Metode analisis data dalam penelitian ini adalah analisis regresi linear berganda dengan uji asumsi klasik. Hasil penelitian ini menunjukkan secara simultan Kebijakan Dividen, Return On Equity dan Current Ratio berpengaruh signifikan terhadap Nilai Perusahaan pada perusahaan sektor Perusahaan Property, Real Estate Building Contruction yang terdaftar di Bursa Efek Indonesia periode 2014-2017 dengan hasil Fhitung ≥ Ftabel 21,812 > 2,70 dengan nilai signifikan 0,00 < 0,05. Secara parsial Kebijakan Dividen berpengaruh positif signifikan terhadap Nilai Perusahaan sedangkan Return On Equity tidak berpengaruh terhadap Nilai Perusahaan dan Current Ratio berpengaruh negatif signifikan terhadap Nilai Perusahaan. Hasil analisis koefisien determinasi diperoleh nilai Adjusted R2 menunjukkan variasi variabel Nilai Perusahaan yang dapat dijelaskan oleh variasi variabel Kebijakan Dividen, Return On Equity dan Current Ratio sebesar 39,7% dan sisanya 60,3% dijelaskan oleh variabel lain yang tidak diteliti dalam penelitian ini.
PENGARUH STRUKTUR MODAL (DER), EARNING PER SHARE (EPS), DAN KEBIJAKAN DIVIDEN (DPR) TERHADAP NILAI PERUSAHAAN SEKTOR BASIC INDUSTRY CHEMICALS YANG TERDAFTAR DI BEI PERIODE 2014 – 2018 Sitompul, Mario Joseph Valentino; Sisilia, Mariska; Sitompul, Melva Melany; Sihite, Edo Tumpak; Situngkir, Irene Artha Uli; Lombu, Novia Eunike; Chairunnisa, Ulfa
Aksara Public Vol 3 No 2 (2019): Mei (2019)
Publisher : EDUTECH CONSULTANT

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Abstract

This study discusses to discuss and analyze the capital structure (DER), produce Per Share, and dividend policy on the value of the company in the companies of Basic Industrial Chemicals listed on the Indonesia Stock Exchange for the period 2014-2018. The research method used in this study uses quantitative research methods, the type of research is descriptive quantitative, explanatory nature of research. The population of this study amounted to 66 basic industrial chemical companies with sampling techniques aimed at sampling 14 basic industrial chemical companies that met the criteria. The method of data analysis in this study is multiple linear regression analysis with classical assumption. The results of this study indicate the simultaneous structure of Capital, Earnings Per Share, and Dividend Policy simultaneously and significantly to the Company Value in the Basic and Chemical Industry companies listed on the Indonesia Stock Exchange for the 2014-2018 period with the results of Fcount ≥ Ftable 3.213 ≥ 2 74 and significant 0.028 5 0.05. Partially the Capital Structure and Per Share Income does not affect and is not significant to the Company Value while the Dividend Policy affects positively and significantly on the Firm Value. The results of the analysis of the determination coefficient obtained adjusted R2 values ​​indicate variations in the variable value of the company that can be determined by variations in the variable capital structure, earnings per share and dividend policy of 8.8% while 91.2% is produced by variations in other variables.
Pengaruh net working capital, return on equity dan debt to asset ratio terhadap cash holding pada perusahaan perdagangan yang terdaftar di bursa efek indonesia Devina, Devina; Wijaya, Sarah Nia; Sisilia, Mariska
FORUM EKONOMI Vol 23, No 1 (2021)
Publisher : Faculty of Economics and Business Mulawarman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29264/jfor.v23i1.9126

Abstract

Penelitian yang dilakukan di sektor perdagangan bertujuan untuk mengetahui pengaruh modal kerja bersih, return on equity dan debt to asset ratio terhadap cash holding. Jumlah populasi sebanyak 65 perusahaan dengan ukuran sampel yang dapat diteliti sebanyak 23 perusahaan sehingga jumlah data observasi sebanyak 92. Sampel diambil dengan menggunakan teknik purposive sampling. Teknik yang digunakan adalah regresi berganda yang terlebih dahulu menguji asumsi klasik. Hasil penelitian ini adalah hanya NWC yang berpengaruh positif dan DAR berpengaruh negatif, sedangkan ROE tidak berpengaruh terhadap cash holding. Berdasarkan uji F Net Working Capital, Return on Equity dan Debt to Asset Ratio berpengaruh terhadap Cash Holding. Besarnya nilai Adjusted R Square sebesar 0,279 yang artinya besarnya variasi cash holding yang dapat dijelaskan oleh variabel Modal Kerja Nwt, ROE dan DAR adalah sebesar 27,9%, sedangkan sisanya dijelaskan oleh penyebab lain sebesar 78,1%.
PENGARUH DEBT TO ASSETS RATIO, LONG TERM DEBT TO EQUITY RATIO DAN TOTAL ASSET TURN OVER TERHADAP RETURN ON EQUITY PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2019 Tobianto, Sheila; Hutabarat, Elvasco Unedo; Sisilia, Mariska

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Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (74.746 KB) | DOI: 10.31955/mea.v5i2.1163

Abstract

Penelitian ini bertujuan menjelaskan pengaruh variabel Debt to Assets Ratio, Long term Debt to Equity Ratio, dan Total Assets Turn Over terhadap Return On Equity. Populasi penelitian ini adalah 33 perusahaan sub sektor Makanan dan Minuman dan hanya 13 perusahaan yang memnenuhi kriteria dengan teknik Purposive Sampling. Penelitian ini menggunakan data sekunder dengan uji asumsi klasik dan analisis regresi berganda. Hasil penelitian menunjukkan bahwa Debt to Assets Ratio, Long term Debt to Equity Ratio dan Total Assets Turn Over secara simultan berpengaruh dan signifikan terhadap Return On Equity. Secara parsial Debt to Assets Ratio berpengaruh dan signifikan terhadap Return On Equity, sedangkan Long term Debt to Equity Ratio dan Total Assets Turn Over secara parsial tidak berpengaruh dan tidak signifikan terhadap Return On Equity. Koefisien determinasi sebesar 15,7%. menunjukkan bahwa prosentase sumbangan pengaruh variabel independen Debt to Assets Ratio, Long term Debt to Equity Ratio, dan Total Assets Turn Over terhadap Return On Equity sebesar 15,7%. Sedangkan sisanya sebesar 84,3% dipengaruhi atau dijelaskan oleh variabel lain yang tidak dimasukkan dalam model penelitian ini.
PENGARUH LEVERAGE, LIKUIDITAS DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN SEKTOR CONSUMER GOODS YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2016-2019 Sisilia, Mariska; Blanco, Blanco; Chandra, Calvin; Khudrow, Jesslyne; Shiawira, melda Putri
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 6 No 1 (2022): Edisi Januari - April 2022
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v6i1.1977

Abstract

Peneliti melakukan penelitian dengan maksud untuk mengetahui hasil dari pengaruh Leverage, Likuiditas dan Profitabilitas terhadap Harga Saham. Pengumpulan data dengan data sekunder dan pendekatan kuantitatif dengan jenis penelitian deskriptif. Sampel riset ini menggunakan jenis purposive sampling dengan total data 24 dari tahun 2016-2019. Dalam penelitian digunakan teknik analisis regresi linear berganda. Adapun dari penelitian diperoleh bahwa Leverage dan Profitabilitas memiliki dampak positif terhadap Harga Saham tetapi Likuiditas tidak memiliki dampak yang besar terhadap Harga Saham.
The Influence of Audit Independence, Experience and Accountability on Audit Quality Medan Public Accountant Office Piter, Jhon; Sitompul, Melva Melany; Sisilia, Mariska
Elektriese: Jurnal Sains dan Teknologi Elektro Vol. 14 No. 02 (2024): Artikel Riset Edisi Oktober 2024
Publisher : Yayasan Cita Cendekiawan Al Khwarizmi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47709/elektriese.v14i02.5106

Abstract

The object of the research is a public accounting company in the city of Medan. The selection of these objects is due to the higher quality of the audit. Audit quality is the result of the job's performance in producing a quality audit. The variables of the study are independence, auditor experience, and accountability. Independence is a mental attitude that is free from the influence of others and is not dependent on others. Experience is a learning process and increases the development potential of formal and informal education. Responsibility is a form of obligation to manage the authority entrusted to him to achieve the goals that have been set. The research population is 40 managers, senior auditors, and junior auditors in the Medan public accountant office, and the sample is 30 auditors. Primary data was collected using a questionnaire. Research data was analyzed using multiple linear regression analysis, simultaneous determination of coefficients (F-Test), and partial (T-Test). Sampling is done using the non-probability sampling method. The results of the hypothesis test in this study show that independence has a significant impact on audit quality, auditor experience has a significant effect on audit quality, and accountability has a substantial impact on audit quality. Based on the results of this study, independence, auditor experience, and accountability simultaneously have a significant impact on audit quality.
The Influence of Service Quality (Ojek Online) on Customer Satisfaction in Medan Sisilia, Mariska; Piter, Jhon; Sitompul, Melva Melany
Elektriese: Jurnal Sains dan Teknologi Elektro Vol. 14 No. 02 (2024): Artikel Riset Edisi Oktober 2024
Publisher : Yayasan Cita Cendekiawan Al Khwarizmi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47709/elektriese.v14i02.5118

Abstract

This study was conducted to understand how service quality is influenced by responsiveness, responsibility, physical evidence, empathy, and reliability for customer satisfaction. These studies collected data using the questionnaire method and surveyed 30 consumers with experience using online taxi services in Medan City. Data analysis was done using a multiple regression method using SPSS software version 25. Two factors, namely responsiveness and satisfaction, can increase satisfaction. At the same time, it is impossible to improve consumer satisfaction in the other three dimensions of service quality: responsible, physically tested, and empathetic. This research is classified as explanatory research, which aims to elucidate, outline, and offer empirical data or a comprehensive understanding of the impact of the independent variable on the dependent variable defined in this study. The study's population comprises all users of online motorcycle taxi services in Medan. The findings indicate that service quality dimensions, specifically responsiveness and reliability, impact customer satisfaction among online motorcycle taxi users in Medan. In contrast, the aspects of service quality related to guarantees, fictitious evidence, and empathy do not significantly affect customer satisfaction for online motorcycle taxi services in Medan City.
The Impact of Remuneration and Training on Worker Performance at the Regional Tax and Levy Management Agency of North Sumatra Sitompul, Melva Melany; Piter, Jhon; Sisilia, Mariska
Elektriese: Jurnal Sains dan Teknologi Elektro Vol. 14 No. 02 (2024): Artikel Riset Edisi Oktober 2024
Publisher : Yayasan Cita Cendekiawan Al Khwarizmi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47709/elektriese.v14i02.5133

Abstract

The North Sumatra Regional Tax and Levy Management Agency oversees the management of taxes related to motor vehicles and watercraft, the tax for underground water extraction and utilization, the vehicle name transfer duty, and various other revenue streams. It also acts as a coordinator within the regional revenue sector. Research methods can be understood as a systematic approach to gathering reliable data intended to be discovered, enhanced, and verified, allowing for better comprehension and resolution of issues within the business sector. According to the findings of this research, it is evident that Compensation has a significant impact on Employee Performance at the Regional Tax and Levy Management Agency. In the realm of Compensation, an incentive structure connects pay with individual performance. Workers are rewarded through Compensation for their performance rather than their length of service or the total hours they have worked. Based on the data analysis and collection outcomes, Compensation has a significant simultaneous impact on Employee Performance at the Regional Tax and Levy Management Agency. The training partially impacts employees' performance at the Regional Tax and Levy Management Agency. The performance of employees does have a significant partial effect on their overall performance at the Regional Tax and Levy Management Agency.
PENGARUH CURRENT RATIO DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON ASSETS PADA PERUSAHAAN PROPERTI DI BURSA EFEK INDONESIA (TAHUN 2020–2023) Lubis, Dwi Ananda; Sisilia, Mariska; Piter, Jhon; Teng, Sauh Hwee
JOURNAL OF SCIENCE AND SOCIAL RESEARCH Vol 8, No 4 (2025): November 2025
Publisher : Smart Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54314/jssr.v8i4.4599

Abstract

Abstract: This study aims to determine the effect of the Current Ratio (CR) and the Debt to Equity Ratio (DER) on Return on Assets (ROA) in property companies listed on the Indonesia Stock Exchange (IDX) during 2020-2023. This study used a quantitative approach, sampling the financial statements of several property companies using a purposive sampling technique. The analysis results indicate that partially, the Debt to Equity Ratio and the Current Ratio both influence Return on Assets, but this influence is not proven to be significant. When tested together, the two ratios also show no significant effect on the company's return on assets. The coefficient of determination calculation shows that only a small portion of Return on Assets can be explained by these two variables, while the majority is influenced by factors outside the research model. Therefore, it can be concluded that although the Debt to Equity Ratio and the Current Ratio play a role in influencing company performance, they are not the dominant factors in determining Return on Assets. Keyword: Current Ratio, Debt to Equity Ratio, Return on Asset, Property, Indonesia Stock Exchange Abstrak: Penelitian ini bertujuan untuk mengetahui pengaruh Current Ratio (CR) dan Debt to Equity Ratio (DER) terhadap Return on Asset (ROA) pada perusahaan properti yang terdaftar di Bursa Efek Indonesia (BEI) selama tahun 2020-2023 . Penelitian ini menggunakan pendekatan kuantitatif dengan mengambil sampel laporan keuangan sejumlah perusahaan properti. Hasil analisis menunjukkan bahwa secara parsial, Debt to Equity Ratio dan Current Ratio sama-sama berpengaruh terhadap Return on Asset, namun pengaruh tersebut tidak terbukti signifikan. Ketika diuji secara bersama-sama, kedua rasio tersebut juga tidak menunjukkan adanya pengaruh yang signifikan terhadap tingkat pengembalian aset perusahaan. Dari hasil perhitungan koefisien determinasi, diketahui bahwa hanya sebagian kecil Return on Asset yang dapat dijelaskan oleh kedua variabel tersebut, sedangkan sebagian besar dipengaruhi oleh faktor-faktor lain di luar model penelitian. Dengan demikian, dapat disimpulkan bahwa meskipun Debt to Equity Ratio dan Current Ratio memiliki peran dalam memengaruhi kinerja perusahaan, namun keduanya bukan merupakan faktor dominan dalam menentukan besar kecilnya Return on Asset. Kata kunci: Current Ratio, Debt to Equity Ratio, Return on Asset, Properti, Bursa Efek Indonesia