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PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN Afifa Lutfita; Nurjanti Takarini
Procuratio : Jurnal Ilmiah Manajemen Vol 9 No 3 (2021): Procuratio : Jurnal Ilmiah Manajemen
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35145/procuratio.v9i3.1380

Abstract

The value of the company is one aspect that is considered by investors before investing their shares. Many factors can affect the value of the company. Therefore, the purpose of this study is to determine the effect of profitability, company size and capital structure on the value of the services companies sub-sector tourism, hotel and restaurant listed on the Indonesia Stock Exchange during the period 2016 to 2019. The population in this study were 37 services companies sub-sector tourism, hotel and restaurant listed on the IDX for the 2016-2019 period with a total research sample of 20 companies. The data collection method used is purposive sampling. This study uses multiple linear regression as a data analysis technique. The results showed that profitability had a positive and significant effect on firm value, firm size had a negative and significant effect on firm value and capital structure had a positive and significant effect on firm value. Sub-sector service companies, hotel and restaurant tourism listed on the Indonesia Stock Exchange are expected to be able to maintain financial performance in terms of profitability, capital structure and total assets owned by the company so as to further increase the value of the company. Nilai perusahaan ialah salah satu aspek menjadi pertimbangan investor sebelum menginvestasikan sahamnya. Oleh karena itu tujuan penelitian ini ialahuntuk mengetahui pengaruh profitabilitas, ukuran perusahaan dan struktur modal terhadap nilai perusahaan perusaahan jasa sub sektor pariwisata, hotel dan restoran yang terdaftar di Bursa Efek Indonesia selama periode 2016 sampai dengan 2019.Populasi dalam penelitian ini sebanyak 37 perusahaan sub sektor pariwisata, hotel dan restoran yang terdaftar di Bursa Efek Indonesia periode 2016-2019 dengan jumlah sampel penelitian sebanyak 20 perusahaan. Metode pengambilan data yang digunakan ialah purposive sampling. Penelitian ini menggunakan regresi linear berganda sebagai teknik analisis data. Hasil penelitian menunjukkan profitabilitas berpengaruh positif dan signifikan terhadap nilai perusahaan, ukuran perusahaan berpengaruh negatif dan signifikan terhadap nilai perusahaan dan struktur modal berpengaruh positif dan signifikan terhadap nilai perusahaan. Perusahaan jasa sub sektor, pariwisata hotel dan restoran yang terdaftar di Bursa Efek Indonesia diharapkan mampu untuk mempertahankan kinerja keuangan baik itu dari profitabilitas, struktur modal dan total aset yang dimiliki perusahaan sehingga dapat lebih meningkatkan nilai perusahaan.
Analisis Profitabilitas Perbankan di Bursa Efek Indonesia Aurel Julanda Happy Pridya; Nurjanti Takarini; Ira Wikartika
DIALEKTIKA: Jurnal Ekonomi dan Ilmu Sosial Vol 6 No 2 (2021): Dialektika : Jurnal Ekonomi dan Ilmu Sosial
Publisher : Prodi Manajemen Fakultas Ekonomi dan Bisnis Universitas Islam Raden Rahmat Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (342.986 KB) | DOI: 10.36636/dialektika.v6i2.745

Abstract

Profitabilitas merupakan rasio yang digunakan untuk mengukur kemampuan suatu perusahaan dalam menghasilkan laba selama periode tertentu. Perubahan profitabilitas pada umumnya dipengaruhi oleh beberapa faktor, yaitu: permodalan, kualitas aset, rentabilitas, dan likuiditas. Penelitian ini memiliki tujuan untuk mengatahui apakah permodalan, kualitas aset, rentabilitas, dan likuiditas dapat memberikan pengaruh terhadap profitabilitas bagi perbankan konvensional yang terdaftar pada Bursa Efek Indonesia.   Populasi dari penelitian ini adalah bank umum konvensional yang terdaftar pada Bursa Efek Indonesia, dengan teknik purposive sampling sebagai teknik pengambilan sampel, sehingga diperoleh sampel sebanyak 40 bank umum konvensional. Data yang digunakan dalam penelitian ini merupakan data sekunder dan bersifat kuantitafif, dengan sumber data berupa laporan tahunan bank umum konvensional periode 2017-2019 yang dapat diakses melalui website  Bursa Efek Indonesia. Penelitian ini menggunakan teknik dokumentasi dalam teknik pengumpulan datanya. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi linear berganda. Hasil penelitian menunjukkan bahwa permodalan dan rentabilitas berpengaruh signifikan  terhadap profitabilitas, sedangkan kualitas aset dan likuiditas tidak memiliki pengaruh signifikan terhadap profitabilitas.
Analisis Profitabilitas Pada Perusahaan yang Tergabung dalam Indeks LQ45 di Bursa Efek Indonesia Feby Ayu Tri Ananda; Nurjanti Takarini
Jurnal Manajemen Vol. 11 No. 2 (2021): Jurnal Manajemen
Publisher : Universitas Serang Raya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30656/jm.v11i2.3451

Abstract

Profitability is a measure by which a company assesses the success of a company's management. Having a good profitability level allows the company to continue its operations and increase its value. Understanding the impact of working capital, liquidity, and firm size is the purpose of thisXresearch. In addition, this research aims to know the differences in company’s financial performance from a previous reserach, wehether it still corresponded or had undergone changes. The object of this research is the manufacturingiicompany that makes up the LQ45 stock index in the Indonesian Stock Exchange. A total of 10 companies was taken to according to saturated sampling techniques, which is taking all the parts of the population as samples. The research data to be tested comes from secondary data according to the company’s annual report published periodically in BEI. Analysis techniques used in testing research hypotheses are multiple linier regressin. The results shows the regression analysis that (1) workingXcapital, liquidity, and firm size simultaneouslyiihave a significantiieffect on profitability. (2) working capital has a significantIeffect onIprofitability. (3) liquidity and firm size have no significant effect oniprofitability. Keywords : Profitability, Working Capital, Liquidity, Firm Size
Analisis Return Saham Perusahaan Industri Dasar dan Kimia yang Terdaftar di BEI Irine Hesti Kusumaningdinni; Nurjanti Takarini
Jurnal Dinamika Ekonomi & Bisnis Vol 18, No 2 (2021)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jdeb.v18i2.2370

Abstract

When people invest, they can be obtained some retribution, we know that stock returns. The study aims to determining the effects of solvability, profitability, market value on stock returns of basic industry and chemicals based on the Indonesia Stock Exchange for the period of 2017 to 2019. The research approach purposive sampling method, so 45 companies were obtained from 60 basic industry and chemicals companies that based on the Indonesia Stock Exchange. The author approach quantitative data in the form of financial report obtained through in Indonesia Stock Exchange. The author used multiple regression analysis research method. The result showed that solvability has a positive and significant effect on stock returns, profitability has a positive and significant effect on stock returns, and market value has a positive and significant effect on stock returns of basic industry and chemical companies that based on the Indonesia Stock Exchange.
Application of Village Financial Management to Realize Ideal Village Finances Nurjanti Takarini; Anajeng Esri Edhi Mahanani
Nusantara Science and Technology Proceedings International Seminar of Research Month 2021
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2022.2414

Abstract

A common obstacle felt by most villages is related to good and correct financial management. Often the stages of planning, implementation, administration, reporting, and accountability are not by the reality on the ground. What has been discussed and agreed upon together, is not followed during its implementation. The condition of village financial management in Jabung Village, Laren District, Lamongan Regency is still not optimal. This problem is due to a lack of legal understanding of village financial management. This lack of understanding is due to the socialization of village financial management laws that have not been carried out by the policy makers optimally. This consideration then strengthens the proposer to develop an android-based village financial management consulting application.
The Implementation of Village Financial Management Principles in Escalating Indeks Desa Membangun (IDM) Level for Villages: Learning from The Jati Village, Tuban Zuhda Mila Fitriana; Nurjanti Takarini; Endang Iryanti; Anajeng Esri Edhi Mahanani
Nusantara Science and Technology Proceedings International Seminar of Research Month 2021
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2022.2415

Abstract

The Indonesia Government initiates the SDGs' strengthening focus as realizing the Nawacita notion starting from villages. It aims to develop villages under the principles of sustainability in several sectors, such as Economy, Ecology, and Culture. The fundamental aims of this focus are to support the villages’ welfare and share an equal level of development. In the end, villages will be the threshold of community changes toward the self-governing community ideas. To support this, the Indonesian government through the Ministry of Village, Development of Disadvantaged Regions, and Transmigration regulate the priority for the village's financial focus in Ministerial Decree No.7 the Year 2021. It also regulates some principles to be obeyed by the village government in designing village regulations or policies regarding the issue of village finances, development plans, and supervisory actions. It is arguable as to whether this regulation has affected the villages to escalate their level of Indeks Desa Membangun (IDM). Applying the legal research methods by using laws as the sources of research, combined with an empirical and conceptual approach, this paper discusses the ideal principles of the financial management system which help the villages to raise their IDM level. Three discussion covers 1. The authority owned by villages in managing its fund sources, 2. The principles of the village financial management, and 3. The experience of Jati Village, Tuban, East Java.
Determinan Kinerja Keuangan dengan Size sebagai Pemoderasi pada Perusahaan Food and Beverages yang Terdaftar di BEI Dini Indah Prasasti; Nurjanti Takarini
Journal of Management and Bussines (JOMB) Vol 4 No 2 (2022): Journal of Management and Bussines (JOMB)
Publisher : IPM2KPE

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/jomb.v4i2.4509

Abstract

This study aims to understand the effect of liquidity ratios and solvency ratios on financial performance with size as a moderator for food and beverages companies listed on the Indonesia Stock Exchange in 2017-2020. This research method is descriptive quantitative. The research sample was determined using a purposive sampling technique with a total sample of 17 food and beverages companies listed on the IDX in 2017-2020. The analysis method used in this research is Moderated Regression Analysis. Hypothesis testing was carried out using a partial test (t test) and a simultaneous test (F test). The results show, a) the current ratio has no effect on financial performance; b) DER has an effect on financial performance; c) company size is unable to moderate the effect of liquidity on financial performance; d) while the size of the company is able to moderate the effect of solvency on financial performance. In conclusion, a) liquidity does not contribute to the financial performance of food and beverages companies listed on the Indonesia Stock Exchange in 2017-2020; b) solvency contributes to the financial performance of food and beverages companies listed on the Indonesia Stock Exchange in 2017-2020; c) company size cannot moderate the relationship between liquidity and financial performance in food and beverages companies listed on the Indonesia Stock Exchange in 2017-2020; d) company size can moderate the relationship between solvency and financial performance in food and beverages companies listed on the Indonesia Stock Exchange in 2017-2020. Keywords: Financial Performance, Liquidity, Solvency, Firm Size
Analisis Faktor-Faktor yang Mempengaruhi Kebijakan Hutang Perusahaan Subsektor Batu Bara yang Terdaftar di Bursa Efek Indonesia Novita Fatmawati; Nurjanti Takarini
Ekonomis: Journal of Economics and Business Vol 6, No 2 (2022): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v6i2.611

Abstract

A company has a goal that is to experience continuous growth by getting maximum income and profit so that survival in a company can run well. In achieving this goal, large funds and capital are needed to support all activities within a company. Funds are divided into two categories, namely internal funds and external funds. The debt to equity ratio indicator is used in this study with debt policy as the dependent variable. This study aims to analyze the effect of business risk, asset structure, firm size and profitability on the debt policy of coal companies. In this research, using multiple linear regression analysis method with SPSS 25 program to process the data. The data used is secondary data which is the annual financial report of coal subsector companies on the Indonesia Stock Exchange in 2018-2020. The observation data used are 66 data, and there are 5 data outliers, so the total data is 61. The results of this study indicate that business risk has a positive and significant influence on debt policy, asset structure and firm size have no significant effect on debt policy, and profitability have a negative and significant impact on debt policy. The conclusion from the discussion is that high business risk contributes to an increase in debt. Meanwhile, asset structure, firm size and high profitability contributed to the decrease in debt.
Pengaruh Likuiditas, Profitabilitas, Leverage, dan Aktivitas dalam Memprediksi Financial Distress pada Perusahaan Subsektor Retail Trade yang Terdaftar di BEI Widya Susanti; Nurjanti Takarini
Ekonomis: Journal of Economics and Business Vol 6, No 2 (2022): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v6i2.591

Abstract

The purpose of this study is to analyze how financial ratios can affect the prediction of financial distress or financial distress in retail trade sub-sector companies listed on the Indonesia Stock Exchange. In this study, liquidity is represented by the Current Ratio, profitability is proxied by the rate of return on assets (ROA). Leverage is represented by the Debt to Equity Ratio, and the activity ratio is represented by total asset turnover (TATO). The dependent variable used is financial distress with the Modified Altman Z-Score Model as an indicator. The research population is all retail trade sub-sector companies listed on the IDX in 2018-2020. Sampling using purposive sampling technique and obtained 25 companies that fit the criteria with a 3 year research period. Logistic regression analysis was used as a data analysis method. From the results of logistic regression analysis, it shows that liquidity and leverage indicators have a significant effect in estimating financial distress or financial distress of retail trade sub-sector companies. Meanwhile, indicators of profitability and activity cannot influence the forecast of financial distress in retail trade sub-sector companies.
ANALISIS PENGARUH FINANCIAL DISTRESS, LEVERAGE, PROFITABILITAS, DAN PERTUMBUHAN PERUSAHAAN TERHADAP TAX AVOIDANCE PADA PERUSAHAAN SUB SEKTOR WHOLESALE YANG TERDAFTAR DI BEI TAHUN 2018-2020 Fitri Riski Riyadi; Nurjanti Takarini
OIKOS: Jurnal Kajian Pendidikan Ekonomi dan Ilmu Ekonomi Vol 7 No 1 (2023): OIKOS: Jurnal Kajian Pendidikan Ekonomi dan Ilmu Ekonomi
Publisher : Fakultas Keguruan Dan Ilmu Pendidikan Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/oikos.v7i1.6184

Abstract

One source of state revenue is obtained from taxes. Taxes are the main contributor to state revenue. Several factors are thought to influence the practice of tax avoidance by companies, including financial distress, leverage, profitability, and company growth. This study aims to analyze the effect of financial distress, leverage, profitability, and company growth on tax avoidance in wholesale sub-sector companies listed on the Indonesia Stock Exchange in 2018-2020. The population in this study amounted to 44 companies with a sample of 26 companies. The research data is secondary data in the form of financial statement data listed on the Indonesia Stock Exchange for the 2018-2020 period. The method of determining the sample in this study used a purposive sampling method with multiple linear regression analysis techniques. Simultaneously, financial distress, leverage as proxied by DER, profitability as proxied by NPM, and company growth as proxied by sales growth have a positive effect on tax avoidance. Partially, financial distress, leverage as proxied by DER, and profitability as proxied by NPM do not affect tax avoidance. while the company's growth as proxied by sales growth has a significant positive effect on tax avoidance.