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The Effect of Current Ratio (CR) and Debt To Equity Ratio (DER) on Return on Assets (RoA) in Pharmaceutical Subsector Companies Listed on the Indonesian Stock Exchange (IDX) 2020-2023 Period Mursalini, Wahyu Indah; Nurhayati, Nurhayati; Azen, Muhamad
Journal of International Accounting, Taxation and Information Systems Vol. 2 No. 2 (2025): May
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/jiatis.v2i2.109

Abstract

The primary objective of this research is to gather practical evidence concerning the impact of the Current Ratio and Debt To Equity Ratio on the Return On Assets in Pharmaceutical Subsector Companies listed on the Indonesia Stock Exchange (IDX) between 2020 and 2023. The research employs regression analysis using a quantitative methodology based on financial reports of the companies. The research sample was chosen through the purposive sampling technique, consisting of 26 pharmaceutical subsector companies that fulfilled the research criteria. The findings of the study suggest that the CR has a positive and influential influence on ROA, with a regression coefficient of 0.023 and a significance level of 0.000 (<0.05), hence confirming the hypothesis (H₁). Conversely, the DER is uninfluential on ROA, with a regression coefficient of 0.011 and a significance value of 0.596 (>0.05), leading to the rejection of hypothesis H₂. Nevertheless, both the CR and DER jointly is influential on the ROA, with an F value of 15.785 and a significance of 0.000, supporting the acceptance of hypothesis H₃. Hence, this study highlights the significant role of the CR in enhancing ROA, while the DER lacks individual significance.
The Impact of Motivation and Work Environment in Improving the Performance of Government Employees of the Hiliran Gumanti Sub-District, Solok Regency Revanda, Rivo; Yeni, Afni; Mursalini, Wahyu Indah
Journal of International Accounting, Taxation and Information Systems Vol. 2 No. 3 (2025): August
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/jiatis.v2i3.112

Abstract

The role of employee performance in organizational effectiveness is of particular importance in the public sector, where success in service delivery is critically based on human resources. Yet, many of the government institutions struggle in ensuring peak performance by their employees due to low motivation and lesser conducive workplaces environment. They can create obstacles to productivity, slow down the processes, and eventually affect the quality of public services. This study was carried out in Hiliran Gumanti District within Solok Regency to examine how motivation and workplace conditions affect the job performance of government workers. The researchers used a quantitative approach and conducted surveys using questionnaires to assess the relationships. The findings revealed that the motivation factor positively and significantly influences job performance, and therefore the alternative hypothesis is accepted. Similarly, work environment also significantly influenced employee performance, therefore, alternative hypothesis was also accepted. Moreover, results of joint analysis found that motivation and work environment together have significant effect on employee performance, which strengthens conclusion that both motivational and work environment have critical role on increasing the effectiveness of government employees.
The Impact of Company Growth and Company Size on Dividend Policy in Automotive and Component Sub-Sector Companies Listed on the Indonesian Stock Exchange During the Period 2020–2023 Bintang, Fachwadi; Mursalini, Wahyu Indah; Yeni, Afni
Journal of International Accounting, Taxation and Information Systems Vol. 2 No. 4 (2025): November
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/jiatis.v2i4.118

Abstract

This research seeks to examine and evaluate how corporate growth and firm size influence dividend policy among manufacturing companies in the automotive and components subsector from 2020 to 2023. The study employs a quantitative methodology and focuses on 18 manufacturing firms in the automotive and components subsector that are publicly traded on the Indonesia Stock Exchange during the specified timeframe. Through purposive sampling methods, the researchers selected 15 companies from this subsector for analysis. The analytical approach utilized multiple linear regression analysis conducted with SPSS version 19 software. The findings reveal that corporate growth does not significantly impact dividend policy decisions, whereas firm size demonstrates a positive and statistically significant influence on dividend policy. When examining the combined effect of both variables, the results indicate that company growth and firm size together influence dividend policy, though this collective impact lacks statistical significance.
The Influence of Company Size and Debt Ratio on the Financial Performance of Bank Subsector Companies Listed on the Indonesian Stock Exchange (IDX) in 2020-2023 Mursalini, Wahyu Indah; Nurhayati, Nurhayati; Budiman, Harry
International Journal of Social Science and Community Service Vol. 3 No. 4 (2025): October
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/ijsscs.v3i4.88

Abstract

This research analyzes how Company Size and Debt Ratio affect the Financial Performance of banking subsector companies listed on the Indonesia Stock Exchange from 2020 to 2023. Using quantitative regression analysis on financial statement data, the study employed purposive sampling to select 36 banking companies meeting the research criteria. The findings reveal that Company Size significantly and positively influences Financial Performance, with a t-value of 2.425 exceeding the t-table value of 1.987 and significance of 0.017 below 0.05, confirming hypothesis H1. Conversely, Debt Ratio shows no significant individual effect on Financial Performance, with a t-value of -1.410 below 1.987 and significance of 0.162 above 0.05, rejecting hypothesis H2. However, simultaneous testing demonstrates that Company Size and Debt Ratio together significantly affect Financial Performance, with an f-value of 3.612 surpassing f-table value of 3.103 and significance of 0.031 below 0.05, accepting hypothesis H?. The study concludes that Company Size plays a crucial role in enhancing banking sector financial performance, indicating that larger banks tend to achieve better financial outcomes. While Debt Ratio lacks individual significance, suggesting that debt levels alone do not meaningfully impact performance, the combined effect of both variables proves statistically significant. This suggests that when analyzed collectively, Company Size and Debt Ratio contribute to explaining variations in banking financial performance, though Company Size emerges as the more influential factor among Indonesian banking companies during the examined period.
The Effect of Economic Growth and Inflation on the Composite Stock Price Index for the Period 2020-2023 Mursalini, Wahyu Indah; Nurhayati, Nurhayati; Najid, Raihan
International Journal of Social Science and Community Service Vol. 4 No. 1 (2026): January
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/ijsscs.v4i1.90

Abstract

This investigation aspires to procure empirical substantiation concerning the repercussion of economic expansion and inflation upon the Composite Stock Price Index (IHSG) on the Indonesia Stock Exchange (IDX) throughout the span of 2020–2023. The methodological framework employed is regression analysis within a quantitative paradigm, grounded in archival data of IHSG reports. The research cohort was delineated through a total sampling technique, yielding 48 monthly observations consonant with the stipulated criteria.The findings disclose that economic expansion exerts a constructive and statistically momentous influence on the IHSG, evidenced by a t-statistic of 12.638 surpassing the critical threshold of 2.01410, with a probability value of 0.000 < 0.05. Accordingly, hypothesis (H1) is corroborated while the null proposition is repudiated. In contraposition, inflation likewise manifests a significant effect on the IHSG, with a t-statistic of 12,905.184 > 2.01410 and a probability value of 0.003 < 0.05, thereby validating hypothesis (H2).Conjointly, economic expansion and inflation were discerned to wield a simultaneous and notable effect on the IHSG, with an F-statistic of 121.218 exceeding the tabular benchmark of 3.204 and a significance level of 0.000 < 0.05, affirming hypothesis (H3). Thus, the inquiry elucidates that economic expansion assumes a pivotal role in augmenting the IHSG, while inflation also imparts a consequential individual impact. Nevertheless, under a joint analytical lens, both determinants conjointly demonstrate a substantive influence upon the trajectory of the IHSG.
PENGARUH EKSPOR DAN INVESTASI TERHADAP PERTUMBUHAN EKONOMI Mursalini, Wahyu Indah
Jurnal Pendidikan Ekonomi (JURKAMI) Vol 11, No 1 (2026): JURKAMI
Publisher : STKIP Persada Khatulistiwa Sintang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31932/jpe.v11i1.5886

Abstract

Tujuan penelitian ini adalah untuk mengetahui dan menganalisis pengaruh ekspor dan investasi terhadap pertumbuhan ekonomi Indonesia baik secara parsial maupun secara simultan. Teknik pengumpulan data menggunakan dokumentasi, dengan sumber data diperoleh dari BPS (Badan Pusat Statistik) Indonesia dan World Bank periode 1960-2024. Analisis data dilakukan dengan metode regresi berganda. Hasil penelitian menunjukkan bahwa ekspor dan investasi tidak memiliki pengaruh yang signifikan terhadap pertumbuhan ekonomi baik secara parsial maupun simultan. Hal ini menunjukkan bahwa tinggi rendahnya ekspor dan investasi tidak mempengaruhi pertumbuhan ekonomi. Salah satu penyebabnya adalah pertumbuhan ekonomi belum merata karena terjadi ketimpangan antara daerah perkotaan dan pedesaan, serta antara wilayah barat dan timur Indonesia. Temuan ini menandakan bahwa variable-variabel tersebut dipengaruhi oleh faktor-faktor lain yang lebih dominan, sehingga tidak memberikan dampak yang cukup kuat terhadap pertumbuhan ekonomi nasional. Penelitian ini menyarankan perlunya kajian lebih dalam mengenai variabel lain yang dapat mempengaruhi pertumbuhan ekonomi serta pentingnya kebijakan yang lebih terfokus agar dapat meningkatkan kontribusi ekspor dan investasi. Faktor lainya seperti: infrastruktur, kondisi makro ekonomi (inflasi, suku bunga), diversifikasi ekonomi, inovasi dan teknologi