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PENGARUH PERINGKAT, KUPON, DAN SISA UMUR OBLIGASI TERHADAP YIELD TO MATURITY OBLIGASI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) Sipangkar, Helena; Silalahi, Donalson
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 1 Nomor 1 April 2022
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v1i1.1808

Abstract

This study aims to determine and explain the effect of the rating, coupon, and remaining life of bonds on the yield to maturity of bonds listed on the Indonesia Stock Exchange. To achieve this goal, a study was conducted on 17 bonds with a research period of 2017 – 2019 using purposive sampling as a sampling technique and multiple regression analysis as an analytical tool.The results showed that bond ratings had a negative and significant effect on yield to maturity, bond coupons had a positive and significant effect on yield to maturity, and the remaining life of bonds had a positive and significant effect on yield to maturity. The ability of these three variables to explain the variation in yield to maturity is 76.9 percent.
PENGARUH RETURN ON ASSET, DEBT TO EQUITY RATIO, DAN EARNING PER SHARE, TERHADAP RETURN SAHAM PADA PERUSAHAAN LQ45 DI BURSA EFEK INDONESIA PERIODE 2017-2020 Siregar, Esra Rapma; Silalahi, Donalson
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 1 Nomor 2 Oktober 2022
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v1i2.2278

Abstract

This study aims to examine and explain the effect of return on assets, debt to equity ratio and earning per share on stock returns in companies including LQ-45 on the Indonesia Stock Exchange for the 2017-2020 period. The population in this study were 45 companies. The sampling technique used is purposive sampling, in order to obtain 9 manufacturing companies. The data analysis technique used is multiple linear regression analysis and uses T test and F test with a significance level of 5 percent. The results showed that return on assets had a positive and significant effect on stock returns, debt to equity ratio had a positive and significant effect on stock returns, Earning per share had a positive and insignificant effect on stock returns. The ability of return on assets, debt to equity ratio and earning per share in explaining variations in stock returns is 31.6 percent
PENGARUH DURASI DAN CONVEXITY TERHADAP HARGA OBLIGASI PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018 - 2021 Debataraja, Mega Silvia; Silalahi, Donalson
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 1 Nomor 2 Oktober 2022
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v1i2.2279

Abstract

This study aims to determine and explain the effect of duration and convexity on bond prices. To achieve this purpose, research was conducted on banking companies listed on the Indonesia Stock Exchange in 2018 - 2021. The data used in this study is secondary data. By using purposive sampling as a sampling method, the number of samples observed was 15 companies and the analytical tool used was multiple linear regression. The results show that duration has a positive and significant effect on bond prices, convexity has a positive and significant effect on bond prices. Simultaneously, variations in duration and convexity can explain variations in bond prices by 39.9 percent
PENGARUH STRUKTUR MODAL, PROFITABILITAS, LIKUIDITAS DAN AKTIVITAS TERHADAP PERINGKAT OBLIGASI PERUSAHAAN SWASTA NON KEUANGAN YANG DIPERINGKAT PT. PEFINDO TAHUN 2017-2021 Manalu, Asdius; Silalahi, Donalson
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 2 Nomor 1 April 2023
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v2i1.2753

Abstract

This study was conducted to identify and explain the factors that influence bond ratings in private non-financial companies that PT Pefindo in 2017-2021. Factors that affect bond ratings include capital structure, profitability, liquidity, and activity. Based on the criteria, 85 bonds from 11 companies were obtained as samples. The sample data is pooled cross sections data obtained from the Indonesia Bond Market Directory, and the publication of 11 companies' annual financial reports. So the multiple linear regression analysis method was chosen as the method of testing the sample of this study. The results showed that capital structure (DER) has a positive effect on bond ratings. Profitability (ROE), liquidity (CR), activity (TATO) do not affect the bond rating. The capital structure effect is not in accordance with the hypothesis because the sample companies use more equity. The r square (R2) value is 0.181 or 1.81% of the effect of financial ratios on bond ratings in 2017-2021 by PT Pefindo. The beta value of capital structure of 0.389 times means that capital has the most influence on bond ratings in this research.
PENGARUH KEPEMILIKAN INSTITUSIONAL DAN KEPEMILIKAN MANAJERIAL TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN LQ-45 YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018-2021 Sianturi, Sitra; Silalahi, Donalson
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 2 Nomor 1 April 2023
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v2i1.2759

Abstract

The purpose of this study was to determine and explain the effect of institutional ownership and managerial ownership on financial performance in LQ-45 companies listed on the Indonesian Stock Exchange for the 2018-2021 period, both simultaneously and partially. To achieve this goal, research was carried out on the Indonesia Stock Exchange using the purposive sampling method for 18 companies for the 2018-2021 period with 72 observations. The analysis technique used is a multiple linear regression model with descriptive statistical tests, classical assumption tests, and hypothesis testing. The results of this study indicate that institutional ownership has a significant and significant effect on financial performance, while managerial ownership has a positive and significant effect on financial performance. Simultaneously institutional ownership and managerial ownership have a positive and significant effect on financial performance with a value (R2) of 20%
ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI HARGA SAHAM PERUSAHAAN MANUFAKTUR YANG GO PUBLIC DI BURSA EFEK INDONESIA PERIODE 2018 – 2021 Silalahi, Donalson; Situmorang, Hesti Wahyuni; Purba, Saut; Sitompul, Pandapotan
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 2 Nomor 2 Oktober 2023
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v2i2.3119

Abstract

The study was to examine the effect of Return on Equity, Return On Asset, Earning Per Share, and Debt to Equity Ratio on stock prices in Manufacturing companies that Go Public on the Indonesia Stock Exchange. This study uses secondary data, such as company financial reports and company performance summary reports taken from IDX with a population of 161 manufacturing companies listed on the Indonesia Stock Exchange from 2018 to 2021 and the number of samples taken based on the simple random sampling method is 61 manufacturing companies with a total of 61 data. The data was analyst using the SPSS 25 program. The t test results show ROE (0.916>0.05) which partially has no significant effect on stock prices, ROA (0.982>0.05) partially has no significant effect on stock prices, EPS (0.011 <0.05) partially has a significant effect on stock prices, and DER (0.321>0.05) partially has no significant effect on stock prices. The F test results show that ROE, ROA, EPS, and DER (0.001 <0.05) simultaneously have a significant effect on stock prices. Suggestions for investors should look at the company's EPS before making a decision, the company is expected to be able to increase the company's EPS value, and future researchers are expected to increase the number of samples to get comprehensive results and also add variables
FAKTOR-FAKTOR YANG MEMENGARUHI EFEKTIVITAS KERJA PERAWAT PADA RUMAH SAKIT MITRA SEJATI MEDAN Sitompul, Pandapotan; Tinambunan, Anitha Paulina; Silalahi, Donalson; Hutapea, Putri Wildasari br.
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 2 Nomor 2 Oktober 2023
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v2i2.3120

Abstract

This study aimed to identify and explain the factors influencing work performance at Mitra Sejati Hospital in Medan. Data were obtained directly from respondents (nurses) at Mitra Sejati Hospital, Medan. The total number of people in this study is 82 employees and the sample size was taken using the saturated sampling technique, so the research sample is 5x14 = 70 people. The analytical techniques used in this study were validity and reliability testing and factor analysis testing. The results of this study show that the factors affecting work performance at Mitra Sejati Medan Hospital are organizational characteristics, environmental characteristics, employee characteristics, management policies and practices, and responsibilities. service, productivity, motivation, job evaluation, supervision, equipment, facilities, quantity. quality, work discipline and remuneration. The KMO figure of the Measure of Sampling Adequacy (MSA) is 0.765 out of 0.50, which has a significance of 0.000, thus this variable is suitable for further analysis using factor analysis. Judging from the value of the correlation coefficient, the most dominant factor affecting work efficiency at Mitra Sejati Medan Hospital is the task factor (0.836).
PENGARUH RETURN ON ASSET (ROA), EARNING PER SHARE (EPS), NET PROFIT MARGIN (NPM), DAN PRICE EARNING RATIO (PER) TERHADAP HARGA SAHAM PADA PERUSAHAAN LQ-45 YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018-2021 Simanjuntak, Adi; Silalahi , Esli; Silalahi, Donalson
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 2 Nomor 2 Oktober 2023
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v2i2.3124

Abstract

The purpose of this research is to know and explain the effect Return On Assets (ROA), Earning Per Share (EPS), Net Profit Margin (NPM), and Price Earning Ratio (PER) on stock prices in LQ-45 companies listed on the Indonesia Stock Exchange in 2018-2021 both simultaneously and partially.The population in this study were 45 companies. The sampling technique used was a purposive sampling technique so that a sample of 18 companies was obtained with a 4-year research period. The analysis technique used is a multiple linear regression model by conducting the t test and F test. The results of the t test show that the variable Return On Assets (ROA) has a positive and significant effect on stock prices, Earning Per Share (EPS) has a positive and significant effect on stock prices, Net Profit Margin (NPM) has a positive and significant effect on stock prices, and Price Earning Ratio (PER) has a positive and significant effect on stock prices in LQ-45 companies listed on the Indonesia Stock Exchange in 2018-2021 The results of the F test indicate that Return On Assets (ROA), Earning Per Share (EPS), Net Profit Margin (NPM) and Price Earning Ratio (PER) have a significant effect on stock price of listed LQ-45 companies on the Indonesia Stock Exchange in 2018-2021. The coefficient of determination of 88.8% means that variations Return On Assets (ROA), Earning Per Share (EPS), Net Profit Margin (NPM), and Price Earning Ratio (PER) are able to explain variations in stock prices of 8.8%. the remaining 11.2% is influenced by other variables
PENGARUH LEVERAGE KEUANGAN, LIKUIDITAS, EARNING PER SHARE DAN RETURN ON ASSET TERHADAP RETURN SAHAM PADA PERUSAHAAN MANUFAKTUR SEKTOR FOOD AND BEVERAGE DI BURSA EFEK INDONESIA Manik, Denada; Silalahi, Esli; Silalahi, Donalson; Sinaga, Ria Veronica
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 3 Nomor 1 April 2024
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v3i1.3782

Abstract

The aim of this research is to determine and explain the influence of financial leverage, liquidity, earnings per share (EPS), and return on assets (ROA) on stock returns in manufacturing companies in the food and beverage sector on the Indonesian Stock Exchange. either simultaneously or partially. The population in this study was 72 companies. The sampling technique used was purposive sampling technique to obtain a sample of 24 companies with a research period of 4 years. The analysis technique used is a multiple linear regression model with descriptive statistical tests, classical assumption tests, and hypothesis testing. The results of the t test research show that the Financial Leverage variable (Debt to Equity Ratio) has a negative and insignificant effect on stock returns, Liquidity (Current Ratio) has a positive and significant effect on stock returns, Earning Per Share (EPS) has a positive and significant effect on stock returns, Return on Assets (ROA) has a positive and significant effect on stock returns in Manufacturing Companies in the Food and Beverage Sector on the Indonesian Stock Exchange. And the results of the F test show that the independent variables, namely Financial Leverage (Debt to Equity Ratio), Liquidity (Current Ratio), Earning Per Share (EPS) and Return On Assets (ROA) have a significant effect on the dependent variable, namely Stock Returns in Food Sector Manufacturing Companies. and Beverage on the Indonesian Stock Exchange. The coefficient of determination is 40.3%, meaning that variations in Financial Leverage (Debt to Equity Ratio), Liquidity (Current Ratio), Earning Per Share (EPS) and Return on Assets (ROA) are able to explain variations in stock returns of 40.3%. Meanwhile, the remaining 59.7% is influenced by other variables.
PENGARUH DURASI DAN CONVEXITY TERHADAP HARGA OBLIGASI PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021 Silalahi, Donalson; Laoly, Eka Putri
KUKIMA : Kumpulan Karya Ilmiah Manajemen Volume 3 Nomor 1 April 2024
Publisher : LPPM Universitas Katolik Santo Thomas Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54367/kukima.v3i1.3786

Abstract

This research aims to determine and explain the effect of duration and convexity on bond prices in banking companies listed on the Indonesia Stock Exchange for the 2017-2021 period. To achieve this aim, research was carried out using purposive sampling techniques, thus obtaining a sample of 11 banking companies that issued bonds with a research period of five years. The analysis model used is a multiple linear regression model. The research results show that: First, duration has a positive and significant effect on bond prices, convexity has a positive and insignificant effect on bond prices. The ability of duration and convexity to explain variations in bond prices is 2.9 percent. Second, duration has a positive and significant effect on bond prices, convexity has a negative and significant effect on bond prices in the discount price group. Duration has a positive and significant effect on bond prices, convexity has a positive and significant effect on bond prices in the premium price group. The ability of duration and convexity to explain variations in bond prices is in the range of 92.8-94.4 percent.