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Analisis Determinasi Profitabilitas Perusahaan Sektor Pertanian di Bursa Efek Indonesia Munawar, Andri Helmi; Nurjanah, Dara Siti; Hadiani, Dian
BanKu: Jurnal Perbankan dan Keuangan Vol 4, No 2 (2023): Volume 4, Nomor 2, Agustus 2023
Publisher : Program Studi Perbankan dan Keuangan Fakultas Ekonomi Universitas Siliwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37058/banku.v4i2.9537

Abstract

The purpose of this study is to find out and analyze Operational Costs, Debt to Asset Ratio, Profitability using Return on Assets (ROA) measurements and the magnitude of the influence of Operational Costs and Debt to Asset Ratio on Profitability in the Agricultural Industry Listing on the Indonesia Stock Exchange 2020- 2022. The approach used is a quantitative approach with explanatory methods, secondary data with purposive sampling analysis sampling technique. The statistical method used is multiple linear regression, in addition to that a classic assumption test is also carried out assisted by the SPSS Version 25 for windows program. Based on the results of the analysis that the effect of Operational Costs and Debt to Asset Ratio on Profitability is 27,2%.. The hypothesis test shows that there is a simultaneous influence between Operational Costs and the Debt to Assets Ratio on Profitability. Partially Operational Costs and Debt to Asset Ratio have no effect on Profitability
Pengaruh Earning Per Share Terhadap Harga Saham Dengan Debt Ratio Sebagai Variabel Pemoderating Pada PT. Akasha Wira Internasional Tbk Siti Nurjanah, Dara; Munawar, Andri Helmi; Hadiani, Dian; Suherni, Neni
Jurnal Keuangan dan Bisnis Vol. 21 No. 1 (2023): Jurnal Keuangan Dan Bisnis Volume 21 Nomor 1 Maret 2023
Publisher : Catholic University Musi Charitas

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (331.436 KB) | DOI: 10.32524/jkb.v21i1.795

Abstract

This study aims to determine and analyze earnings per share, stock price and debt ratio, and the value influence of earnings per share on stock prices with debt ratio as a moderating variable at PT Akasha Wira Internasional Tbk from 2009 to 2018. The study applied a quantitative approach in terms of explanatory method. It used secondary data with purposive sampling techniques. The statistical method used is Moderated Regression Analysis. The influence value of earnings per share on the stock prices is 35.30%. The result of the hypothesis test reveal that earning per share does not have any significant effect on the share prices of PT Akasha Wira International Tbk. Likewise, the existence of the debt ratio as a moderating variable does not provide any significant influence either. In other words, the debt ratio does not change or determine the influence value of earning per share on stock prices. At last, the correlation relationship has a negative direction which means that if the interaction of earnings per share and debt ratio increases, the stock prices will fall.
Digital Capabilities as An Effort to Increase Competitive Advantage and Firm Survival in Micro Businesses Maulana, Yogi Sugiarto; Hadiani, Dian; Nurjanah, Siti
Atestasi : Jurnal Ilmiah Akuntansi Vol. 7 No. 1 (2024): March
Publisher : Pusat Penerbitan dan Publikasi Ilmiah, FEB, Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/atestasi.v7i1.926

Abstract

One of the main weaknesses of microbusinesses in surviving the crisis is their inability to adapt and their lack of resources. Knowledge and skills are essential resources for increasing competitive advantage. For this reason, this study aims to analyze the influence of digital capability on competitive advantage and its impact on firm survival in micro businesses. The research method used is a survey research method. The respondents in this study amounted to 108 microbusiness owners in Ciamis Regency. The data obtained was analyzed using the structural equation model (SEM) with the help of SmartPLS software version 3.2.9. The study results show that digital capability positively and significantly affects competitive advantage and firm survival. In addition, competitive advantage positively and substantially affects firm survival. A competitive advantage can also mediate the influence of digital capabilities on firm survival positively and significantly. We found that digital capabilities, rather than business capabilities, influence firm survival more. Therefore, microbusiness actors are advised to increase their knowledge and skills through training and strategic cooperation. These results support the resource-based view (RBV) theory, which has proven relevant and can be used in microbusiness.
Determinasi Profitabilitas Pada Industri Pertanian: Tinjauan Atas Pengaruh Biaya Operasional dan Debt To Assets Ratio Nurjanah, Dara Siti; Munawar, Andri Helmi; Hadiani, Dian; Melanie, Arin; Pratama, Reza
BanKu: Jurnal Perbankan dan Keuangan Vol 6, No 1 (2025): Volume 6, Nomor 1, Februari 2025
Publisher : Program Studi Perbankan dan Keuangan Fakultas Ekonomi Universitas Siliwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37058/banku.v6i1.16191

Abstract

This study aims to answer whether operating costs, proxied by the operating expense ratio (BOPO), and the Debt to Assets Ratio (DAR) affect the profitability of agricultural sector companies, as measured by Return on Assets (ROA), both partially and simultaneously. The research employs a quantitative descriptive–verificative approach using secondary data from the annual financial statements of eight agricultural firms listed on the Indonesia Stock Exchange (IDX) for the period 2020–2022, yielding 24 firm-year observations. Samples were selected through purposive sampling. Data were analyzed using multiple linear regression with SPSS version 25, preceded by classical assumption tests including normality, linearity, multicollinearity, heteroscedasticity, and autocorrelation. The empirical results show that BOPO and DAR jointly have a significant effect on ROA, whereas individually neither BOPO nor DAR exhibits a statistically significant effect at the 5% level. The coefficient of determination (R²) of 27.2% indicates that the combination of BOPO and DAR explains only a portion of the variation in profitability, while the remaining variation is driven by other factors outside the model. These findings imply that, in the agricultural industry, cost efficiency and capital structure remain relevant, but they are not sufficient as standalone bases for managerial or investment decisions without considering additional internal and external determinants.Keywords: operating costs, Debt to Assets Ratio, Return On Asset.