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The Effect Of Company Size, Liquidity And Profitability On The Capital Structure Of Automotive Companies Listed In Indonesia Stock Exchange (Idx) For The Period 2014 – 2018. Zatira, Dhea; Simbolon, Sabam; Sutrisna, Sutrisna
AKUNTOTEKNOLOGI : JURNAL ILMIAH AKUNTANSI DAN TEKNOLOGI Vol. 12 No. 2 (2020): AKUNTOTEKNOLOGI : JURNAL ILMIAH AKUNTANSI DAN TEKNOLOGI
Publisher : Universitas Buddhi Dharma/Fakultas Bisnis/Program Studi Akuntansi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31253/aktek.v12i2.491

Abstract

This research aims to determine what factors can influence the capital structure of automotive sub-sector companies listed on the Indonesian stock exchange for the period 2015 - 2018. These factors include company size, liquidity and profitability. The methodology used in this research is quantitative associative with secondary data sources that come from financial reports that have been published by companies and the IDX. The data analysis technique in this study used a panel data regression model with E-Views software. The results of this study indicate that firm size has no effect on capital structure, which can be seen from this value t statistic 0.492999 0.05. Liquidity has an effect on the Capital Structure which can be seen from the t-table value of -7.788281> t-table 2.039 and the probability value of 0.0000 0.05. Simultaneously the variable company size, liquidity and profitability have an effect on the capital structure which can be seen from the value obtained by the F-table value of 2.91, which means that the F-count is 22.32849> Ftable 2.91 and the probability value of F-statistic is 0.00000 ​
Pengaruh Current Ratio, Debt To Equity Ratio Dan Renturn On Equity Terhadap Harga Saham Perusahaan Manufaktur Subsektor Food And Beverage Tahun 2016-2020 Yang Terdaftar Dalam BEI AR, Khorida; Zatira, Dhea; Hanitha, Vivin
AKUNTOTEKNOLOGI : JURNAL ILMIAH AKUNTANSI DAN TEKNOLOGI Vol. 13 No. 1 (2021): AKUNTOTEKNOLOGI : JURNAL ILMIAH AKUNTANSI DAN TEKNOLOGI
Publisher : Universitas Buddhi Dharma/Fakultas Bisnis/Program Studi Akuntansi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31253/aktek.v13i1.785

Abstract

Penelitian ini bertujuan untuk mengetahui apakah Current Ratio, Debt to Equity Ratio dan Renturn On Equity berpengaruh terhadap Harga Saham. Metodologi yang digunakan adalah asosiatif kuantitatif dengan objek sebanyak 12 perusahaan Manufaktur Subsektor Food And Beverage Tahun 2016-2020 Yang Telah Go Publik. Hasil penelitian menunjukkan bahwa secara secara parsial variabel Current Ratio tidak berpengaruh terhadap harga saham yang ditunjukkan dari nilai t-satistic 0,376125 < ttabel 2,00324 dan nilai probabilitas 0,7082 > 0.05. Debt to Equity Ratio tidak berpengaruh terhadap harga saham yang ditunjukkan dari nilai t-satistic -1,618394 < ttabel 2,00324 dan nilai probabilitas 0,1112 > 0.05. Sedangkan Renturn On Equity berpengaruh terhadap Harga Saham yang ditunjukkan dari nilai t-satistic 4,664432 > ttabel 2,00324 dan nilai probabilitas 0,0000 < 0.05. Secara Simultan Current Ratio, Debt to Equity Ratio dan Renturn On Equity berpengaruh terhadap Harga Saham yang ditunjukkan dari nilai Fhitung 7,085284 > Ftabel 2.77 dan nilai probabilitas F-statistic 0.000405 < 0.05. Dengan Adjusted R-squared sebesar 0.236304 artinya variasi perubahan naik turunya nilai perusahaan dapat dijelaskan Current Ratio, Debt to Equity Ratio dan Return on Equity sebesar 23,63% sementara sisanya 76.37% dijelaskan oleh variabel-variabel lain yang tidak diteliti dalam penelitian ini.
FAKTOR MAKROEKONOMI TERHADAP INDEKS HARGA SAHAM SUBSEKTOR KEUANGAN YANG TERDAFTAR DI BEI Sari, Titis Nistia; Zatira, Dhea; Ganika, Gerry
Jurnal Ilmu Keuangan dan Perbankan (JIKA) Vol. 9 No. 1: Desember 2019
Publisher : Program Studi Keuangan & Perbankan, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (624.986 KB) | DOI: 10.34010/jika.v9i1.3064

Abstract

This article is to examine the effect of the BI Rate, Inflation and Exchange Rates on the stock price indexes of the financial sub-sectors listed on the Indonesia Stock Exchange in the period November 2015 to October 2019. Data analysis techniques used in this study are regression models with quantitative methods. Test results prove that the negative BI Rate for IHSK and H1 is accepted. Negative inflation in FSPI and H2 is accepted. Positive exchange rates on the IHSK and H3 are accepted. The BI Rate, Inflation, and Exchange Rates received simultaneously against IHSK and H4 are accepted. The magnitude of the effect on R squared was 54.6%, while the remaining 45.4% was accepted by other variables not approved in this study. Keywords: BI Rate, Inflation, Exchange Rates, Financial sub-sector Stock Price Index (FSPI) Artikel ini adalah untuk memeriksa dampak suku bunga BI, nilai inflasi dan nilai tukar, terhadap harga harga dibursa saham pada sub sector keuangan yang terdaftar di bursa saham Indonesia untuk periode November 2015 sampai dengan Oktober 2019, tehnik penganalisaaan data yang digunakan pada studi ini adalah model mundur dengan metode kuantitatif. Hasil tesnya membuktikan bahwa suku bunga negatif BI untuk IHSK dan H1 dapat diterima. Inflasi negatif pada FSPI dan H2, dapat diterima.Nilai tukar yang positif pada IHSK dan H3 dapat diterima. Suku bunga BI, inflasi dan nilai tukar yang diterima secara berkesinambungan terhadap IHSK dan H4 dapat diterima. Daya Tarik dari dampak pada kotak R adalah 54.6% sementara sisanya yang 45.4% diterima oleh variabel lain yang tidak dibahas pada studi ini. Kata Kunci: Suku Bunga BI, Inflasi, Nilai Tukar, Indeks Harga Saham sub sektor Keuangan (IHSK)
PENGARUH STURKTUR MODAL TERHADAP PROFITABILITAS PERUSAHAAN SUBSKTOR OTOMOTIF DAN KOMPONEN TAHUN 2014-2020 YANG TERDAFTAR DI BEI Zatira, Dhea; Hamdani, Hamdani; Erdawati, Lena
Dynamic Management Journal Vol 5, No 2 (2021): July
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v5i2.5659

Abstract

Penelitian ini bertujuan untuk mengetahui apakah struktur modal yang diukur dengan rasio Debt to Assets Ratio dan Debt to Equity Ratio berpengaruh terhadap profitabilitas (Return on Asset) perusahaan Subsktor Otomotif Dan Komponen Tahun 2014-2020 Yang Terdaftar Di BEI.  Berdasarkan hasil penelitian diketahui bahwa Debt to Assets Ratio tidak berpengaruh terhadap (Return on Asset) Perusahaan Subsktor Otomotif Dan Komponen Tahun 2014-2020 Yang Terdaftar Di BEI yang dapat dilihat dari nilai t-hitung  (-0,689676) < t-tabel (1,99601) dan nilai Prob. 0,4928 > 0,05. Debt to Equity Ratio berpengaruh terhadap (Return on Asset) Perusahaan Subsktor Otomotif Dan Komponen Tahun 2014-2020 Yang Terdaftar Di BEI yang dapat dilihat dari nilai demikian t-hitung  (-3.473833) > t-tabel (1,99601) dan nilai Prob. 0,0009 < 0,05. Secara parsial Debt to Assets Ratio dan Debt to Equity Ratio berpengaruh terhadap (Return on Asset) Perusahaan Subsktor Otomotif Dan Komponen Tahun 2014-2020 Yang Terdaftar Di BEI yang dapat dilihat dari nilai F-statistic  sebesar 7,190929 > F tabel 3,13 dan nilai Prob (F-statistic) 0,001482 < 0,05. Dengan besarnya pengaruh 15,21% artinya naik turunnya nilai variabel ROA dapat dijelaskan oleh variabel DAR dan DER sebesar 15,21%, sementara sisanya sebesar 84,79% dijelaskan oleh variabel lain yang tidak diteliti.Keywords:  Return on Asset, Debt to Assets Ratio, Debt to Equity Ratio
DETERMINANTS OF VALUE OF THE FIRM IN ENERGY SECTOR COMPANIES IN INDONESIA Susanti, Metta; Zatira, Dhea; Arieska, Gita Ayu
Dynamic Management Journal Vol 7, No 3 (2023): July
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v7i3.9161

Abstract

ABSTRAKTujuan dalam penelitian ini untuk membuktikan secara empiris pengaruh Ukuran Perusahaan, Debt to Equity Ratio (DER), dan Return on Assets (ROA) terhadap Nilai Perusahaan. Populasi dalam penelitian ini menggunakan sektor energy teknik pengambilan sampel menggunakan purposive sampling. Metode analisis data menggunakan analasis regresi data panel. Hasil penelitian ini membuktikan bahwa ukuran perusahaan berpengaruh negatif terhadap nilai perusahaan, Debt to Equity Ratio (DER) tidak berpengaruh terhadap nilai perusahaan dan Return on Assets (ROA) tidak berpengaruh terhadap nilai perusahaan.ABSTRACTThe aim of this study is to empirically prove the effect of firm size, Debt to Equity Ratio (DER), and Return on Assets (ROA) on firm value. The population in this study uses the energy sector sampling technique using purposive sampling. Methods of data analysis using panel data regression analysis. The results of this study prove that company size has a negative effect on firm value, Debt to Equity Ratio (DER) does not affect firm value and Return on Assets (ROA) does not affect firm value. 
PENGARUH LIKUIDITAS DAN IMPLEMENTASI GOOD CORPORATE GOVERNANCE (GCG) TERHADAP FINANCIAL DISTRESS Zatira, Dhea; Sunaryo, Dede; Dwicandra, Ni Made Dewi
Balance Vocation Accounting Journal Vol 6, No 2 (2022): December
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/bvaj.v6i2.7500

Abstract

Tujuan dari penelitian ini untuk mengetahui pengaruh Likuiditas, Kepemilikan Manajerial dan Kepemilikan Institusional Terhadap Financial Distress pada perusahaan Sub Sektor Industri Otomotif yang terdaftar di Bursa Efek Indonesia. Periode yang digunakan dalam penelitian ini adalah 5 tahun dari tahun 2017-2021. Penelitian ini menggunakan penelitian kuantitatif. Populasi dalam penelitian ini sejumlah 13 perusahaan yang masuk dalam perusahaan Sub Sektor Industri Otomotif secara berturut-turut dari tahun 2017-2021 di Bursa Efek Indonesia. Teknik yang digunakan dalam pengambilan sampel dalam penelitian ini menggunakan purposive sampling dan diperoleh 12 perusahaan. Data yang digunakan adalah data sekunder. Analisis data dilakukan dengan statistik deskriptif menggunakan teknik analisis regresi data panel. Hasil penelitian menunjukan bahwa secara parsial Likuiditas berpengaruh positif dan signifikan terhadap Financial Distress. Sedangkan Kepemilikan Manajerial dan Kepemilikan Institusional tidak berpengaruh terhadap Financial Distres.
The Impact of Human Resources Information Systems and Internal Control on Employee Performance at PT. Sinar Artha Semesta Khoirunnisa, Amalia; Murniadi, Murniadi; Zatira, Dhea
Eduvest - Journal of Universal Studies Vol. 5 No. 4 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i4.51120

Abstract

The purpose of this study was to determine the impact of Human Resources Information Systems and Internal Control on Employee Performance at PT Sinar Artha Semesta partially and simultaneously. Using associative methods with a quantitative approach. 83 people were sampled. Data collection techniques and tools are questionnaires or questionnaires. Based on the tcount value of 7.644> ttable 1.663, Hα is accepted with a sig of 0.04 < α 0.05 and a statistical F value of 40.084> F table 3.110 the decision is Ha is accepted. The results showed that 1.) Human Resources Information System has a positive and significant impact on Employee Performance; 2.) Internal Control has a positive and significant impact on Employee Performance; 3.) Human Resources Information System and Internal Control simultaneously have a positive and significant impact on Employee Performance. In addition, it has a contribution of 50.1% while the rest is influenced by other variables not examined.
EFFECT OF WORKING CAPITAL, LIQUIDITY ON FINANCIAL PERFORMANCE WITH POLITICAL CONNECTION MODERATION Mardhufa, Hilda Alicia; Alamsyah, Sustari; Zatira, Dhea
Jurnal Riset Terapan Akuntansi Vol. 9 No. 1 (2025): JURNAL RISET TERAPAN AKUNTANSI
Publisher : Jurnal Riset Terapan Akuntansi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.15322228

Abstract

Several companies listed on the Kompas100 Index face challenges in maintaining their profitability levels. Empirical data reveals that several companies included in the Kompas100 Index experienced fluctuations. This study aims to examine how Working Capital and Liquidity affect the financial performance of companies listed on the Indonesia Stock Exchange Kompas100 Index during the 2019-2023 period, as well as the moderating role of Political Connections. The research sample consisted of 32 companies from 53 populations selected through purposive sampling techniques, secondary data used came from the company's financial statements and were analyzed using the panel data regression method. The results show that working capital and political connections affect financial performance positively and significantly, while liquidity does not affect it significantly. Political connections do not moderate the relationship between working capital and financial performance, but negatively moderate the relationship between liquidity and financial performance. These findings suggest that efficient working capital management and political connections can enhance financial performance, but political ties may weaken the impact of liquidity, requiring firms to carefully consider the role of political connections in their financial strategies. Keywords: Financial Performance, Working Capital, Liquidity, Political Connection.
The Effect of Intellectual Capital, Capital Structure, Activity Ratio on Profitability with Operating Cash Flow  Moderation Musthafa, Arizul Gayo; Alamsyah, Sustari; Hamdani, Hamdani; Zatira, Dhea
Jurnal Ilmiah Akuntansi dan Keuangan Vol. 14 No. 1 (2025): Jurnal Ilmiah Akuntansi dan Keuangan
Publisher : LP3M Universitas Putra Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32639/s2sfkz28

Abstract

This research aims to analyze how capital structure, activity ratios, and intellectual capital influence profitability, with operating cash flow serving as a moderating variable, specifically within companies in the basic and chemical industries listed on the Indonesia Stock Exchange. The study sample consists of 31 companies selected based on the availability of annual reports from 2019 to 2023, using purposive sampling. The data analysis was conducted using panel data moderated regression through EViews12. The results indicate that both operating cash flow and intellectual capital have a positive effect on profitability. In contrast, capital structure has a negative impact, while activity ratios show no significant influence. Additionally, operating cash flow does not moderate the effects of capital structure or activity ratios, but it does moderate the relationship between intellectual capital and profitability.
The Impact of Digitalization of Human Resources, Diversity, Inclusion, Knowledge Management and Organizational Structure on Power Company Competition Mulisa, Serly Ana; Hamdani, Hamdani; Zatira, Dhea
SENTRALISASI Vol. 14 No. 2 (2025): May
Publisher : Universitas Muhammadiyah Sorong

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33506/sl.v14i2.4188

Abstract

This study aims to determine the effect of HR digitalization, diversity, inclusion, knowledge management and organizational structure on the competitiveness of companies at PT. Toko Halo Indonesia. The method used in this study is the multiple regression analysis method with a quantitative descriptive research type. The population in this study were employees of PT. Toko Halo Indonesia totaling 177. Based on the proportional stratified random sampling method, the research sample to be taken from the population is 177 respondents. The data analysis technique used is quantitative descriptive statistical analysis, using IBM SPSS version 26. The results of this study indicate that the variables of HR digitalization, diversity, inclusion, knowledge management and organizational structure on company competitiveness (Y) are indicated by the Fcount>Ftable value of 739.017> 2.72 with a significant value of 0.000 <0.05. Based on the results of the study, it can be concluded that the impact of HR digitalization, diversity, inclusion, knowledge management and organizational structure has a significant influence on company competitiveness. Companies that are able to integrate all these aspects will be better prepared to compete in an increasingly competitive market. These findings indicate that companies need to adopt a comprehensive digital strategy and create an inclusive work environment to increase competitiveness. Investment in digital skills training and the development of an organizational culture that supports diversity will be key to facing challenges in the digital era. Further research is recommended to explore the relationship between these factors in different industries.