Claim Missing Document
Check
Articles

Found 4 Documents
Search
Journal : Proceeding ISETH (International Summit on Science, Technology, and Humanity)

Technical Analysis of Directional Movement Index Indicator, Ichimoku Kinko Hyo Towards Stock Price Movements in Indonesia's Finance Sector Setiawan, Muhammad Fakhri; Imronudin, I
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2024: Proceeding ISETH (International Summit on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/iseth.5375

Abstract

Purpose: This research aims to provide recommendations related to investment or trading momentum using technical analysis based on two indicators, namely the Directional Movement Index (DMI) and Ichimoku Kinko hyo. The research population consists of stock price movements of financial companies listed on the Indonesia Stock Exchange in the 2023 period. Stock price movement data is analyzed using the TradingView app. The method used is technical analysis, where Ichimoku Kinko hyo serves to identify stock price trends at a certain time, and DMI is used to measure trend strength as well as provide signals related to investment momentum. The data is analyzed in a descriptive analysis, with visualizations of trends and momentum generated through TradingView. The results show that the combination of Ichimoku Kinko hyo and DMI is effective in predicting stock price trends and providing signals for investment decision-making. Ichimoku Kinko hyo charts the market trend clearly, while the DMI assesses the strength of the trend and provides the right momentum signal to buy or sell. This study makes an important contribution to investors and traders in the stock market, in determining the right time to make a buy or sell decision based on the strength of the trend and momentum. Thus, the combination of these two indicators can increase the accuracy of trading decision-making in the financial stock sector on the IDX.
The Influence of Corporate Social Responsibility on Company Performance in the Chemical Industry Sector Nugraha, Daffa Widyan; Imronudin, I
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2024: Proceeding ISETH (International Summit on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/iseth.5379

Abstract

Purpose: The purpose of this study is to analyze the impact of various independent variables, namely Corporate Social Responsibility (CSR), company size, leverage, and board size, on company performance measured by the Tobin's Q ratio as the dependent variable. The sampling technique used was Purposive Sampling resulting 70 sample data for 4 year observating from 2019-2022. The data was analyzed using multiple regression, since the data in the study was pooled data, Chow test was conducted to choice the best model. Based on the Hausman test, fixed effects model was elected. The result showed that CSR and company size have a negative effect on the Tobin's Q ratio, while leverage and board size do not show significant impact. The study recommends that companies in the chemical industry sector carefully design CSR programs to ensure that these programs genuinely reflect their commitment to sustainability and social responsibility, as improper implementation can reduce company value. Additionally, companies are advised to reevaluate their organizational size to find an optimal balance that can support financial performance. The study also suggests that the government should strengthen regulations that support responsible and sustainable business practices, and provide incentives for companies that implement environmentally friendly practices. Improved transparency and reporting on CSR are also considered important to provide accurate information to the public and other stakeholders.
The Influence of Eco-Efficiency, Green Accounting, and Corporate Social Responsibility (CSR) on The Financial Performance of Manufacturing Companies Listed on Indonesia Stock Exchange Tiyas, Diska Cahyaning; Imronudin, I
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2024: Proceeding ISETH (International Summit on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/iseth.5392

Abstract

Purpose: The purpose of this research is to evaluate how eco-efficiency, green accounting practices, and corporate social responsibility (CSR) influence the financial performance of manufacturing firms listed on the Indonesian Stock Exchange. Manufacturing companies have a direct connection to the social problems associated with the company's operations. Public awareness of sustainability plays a crucial role in driving companies to focus on their environmental responsibilities, as reflected in their annual sustainability reports. Companies that implement environmental accountability receive positive feedback from the public so that they can improve their operational and financial performance. Financial performance becomes an important measure that investors use to insert their modalities into manufacturing companies. Methodology: This study uses multiple linear regression analysis as the analytical method. Eco-efficiency is measured on the basis of implementation of eco-efficiency of the amount of production with the use of electricity. Green accounting measures participation in the PROPER Programme, corporate social responsibility (CSR) measures the environmental cost, while financial performance measures return on asset (ROA). Results: The findings of this study indicate that eco-efficiency, green accounting, and corporate social responsibility do not individually affect financial performance. However, when considered together, these factors have a significant simultaneous impact on financial performance. Applications/Originality/Value: The researchers hope this research can help investors identify companies that have better financial performance through sustainable practices, as well as help manufacturing companies in designing policies that support sustainable development in the manufacturing sector.
Dinimishing Musharakah Contract as an Alternative Financing for Small and Medium-Sized Enterprises Imronudin, I
Proceeding ISETH (International Summit on Science, Technology, and Humanity) 2015: Proceeding ISETH (International Conference on Science, Technology, and Humanity)
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/iseth.2424

Abstract

Given the fact that the utilization of Islamic financial contract based on the PLS principle is relatively low, it is important to propose new insight of using Islamic financial instrument under PLS principles. Therefore, this paper aims to provide insight of using diminishing musharaka contract as an alternative financing for Small and Medium-sized Enterprises (SMEs), which operate under PLS principles. Descriptive analytical method is used to describe the use of diminishing musharaka contract. Using simple calculation, this paper shows how to apply this type of contract to finance investment for SMEs particularly in fixed assets. Based on the diminishing musharaka contract, the profit which is shared to Islamic banks decrease gradually in response to the amount of decreasing banks’ capital involve in partnership. Conversely, the proportion of profit for SMEs increases gradually as a consequence of the increasing amount of partnership with Islamic banks. Thus, diminishing Musharaka contract enables SMEs to release the contract without undergoing financial distress because they make repayment of the principle in installment together with the profit sharing.