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FAKTOR-FAKTOR YANG MEMPENGARUHI CORPORATE SOCIAL RESPONSIBILITY DAN NILAI PERUSAHAAN Suyono Suyono; Suhardjo Suhardjo; Nicholas Renaldo; Sudarno Sudarno; Suci Fitria Sari
Procuratio : Jurnal Ilmiah Manajemen Vol 9 No 1 (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.v9i1.1110

Abstract

The development, technology, and the rapidly growing economy in Indonesia have an impact on corporate social responsibility and corporate value. This study aims to determine whether ROA, CR, DER affect Corporate Social Responsibility and Company Value. The population in this study were 22 textile and garment manufacturing companies listed on the Indonesia Stock Exchange in 2015-2019. The sample of this research is 17 companies selected based on the purposive sampling technique. Secondary data obtained on the IDX and Finance.yahoo.com. The exogenous variables used are ROA, CR, and DER. The data analysis technique used is multiple linear regression analysis using SmartPLS software. The results of this study indicate that the variables ROA and DER have no significant effect on CSR, while CR has a significant effect on CSR. The ROA, CR, and DER variables have a significant effect on Firm Value, while CSR has no significant effect on Firm Value. Manufacturing companies, especially the textile and garment sub-sector, are expected to continue to increase their CSR activities in accordance with the GRI-G4 disclosure standards, and be transparent in disclosing information about company activities related to corporate social responsibility (Corporate Social Responsibility) in their annual reports. Perkembangan pembangunan, teknologi serta perekonomian di Indonesia yang semakin berkembang pesat berdampak pada tanggung jawab sosial perusahaan dan nilai perusahaan. Penelitian ini bertujuan untuk mengetahui apakah ROA, CR, DER berpengaruh terhadap Corporate Social Responsibility dan Nilai Perusahaan. Populasi penelitian ini adalah 22 perusahaan manufaktur sub sektor tekstil dan garmen yang terdaftar di Bursa Efek Indonesia tahun 2015-2019. Sampel penelitian ini sebanyak 17 perusahaan yang diseleksi berdasarkan teknik purposive sampling. Data sekunder yang diperoleh di BEI dan Finance.yahoo.com. Variabel eksogen yang digunakan adalah ROA, CR, dan DER. Teknik analisis data yang digunakan adalah analisis regresi linear berganda dengan menggunakan software SmartPLS. Hasil penelitian ini menunjukkan bahwa variabel ROA dan DER tidak signifikan terhadap CSR, sedangkan CR berpengaruh signifikan terhadap CSR. Pada variabel ROA, CR, dan DER berpengaruh signifikan terhadap Nilai Perusahaan, sedangkan CSR berpengaruh tidak signifikan terhadap Nilai Perusahaan. Perusahaan manufaktur khususnya sub sektor tekstil dan garmen diharapkan terus menambah aktivitas CSR sesuai dengan standar pengungkapan GRI-G4, dan transparan dalam mengungkapkan informasi tentang kegiatan-kegiatan perusahaan yang berhubungan dengan tanggung jawab sosial perusahaan (Corporate Social Responsibility) pada laporan tahunan
PENILAIAN HARGA SAHAM HIJAU PERUSAHAAN SEKTOR INDUSTRI BARANG KONSUMSI TAHUN 2015-2019 Nicholas Renaldo; Suhardjo Suhardjo; Ienne Yoseria Putri; Jelia Juventia; Nuriman M. Nur
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.v9i3.1463

Abstract

The inconsistency of changes in the share price of companies in the consumer goods industry sector with the Composite Stock Price Index is a unique phenomenon to study because companies in this sector are dominated by the mainboard. This research is important for assessing the company's stock price from the point of view of green good corporate governance, share ownership structure, environmental factors, and others as well as the formation of variable indicators for the External Assurance of Environmental Sustainability Report. The sample in this study were 26 companies in the consumer goods industry sector from 2015-2019. The analysis uses multiple linear regression methods for the valuation of stock prices and expert discussion for the formation of variable indicators. The results of regression analysis show that only the type of board and length of time on the stock exchange have a significant effect on stock prices. The results of the expert discussion show that there are several important indicators that companies must pay attention to for the sustainability of their business environment. Recommendations that can be given to companies are to regulate the components of corporate governance, regulate the company's ownership structure, and pay attention to the sustainability of the environment around the business. Recommendations for investors to be selective in choosing companies to invest in by taking into account various factors, especially good environmental sustainability. The development of a green assessment is not only on corporate governance and share prices, but can be carried out on all components to be analyzed. Ketidakkonsistenan perubahan harga saham perusahaan sektor industri barang konsumsi dengan Indeks Harga Saham Gabungan menjadi fenomena yang unik untuk diteliti karena perusahaan sektor ini didominasi oleh papan utama. Penelitian ini penting untuk menilai harga saham perusahaan dari sisi tata kelola perusahaan hijau yang baik, struktur kepemilikan saham, faktor lingkungan, dan lainnya serta pembentukan indikator variabel Jaminan Eksternal Laporan Keberlanjutan Lingkungan. Sampel pada penelitian ini adalah 26 perusahaan sektor industri barang konsumsi dari tahun 2015-2019. Analisis menggunakan metode regresi linier berganda untuk penilaian harga saham dan diskusi pakar untuk pembentukan indikator variabel. Hasil analisi regresi menunjukkan bahwa hanya variabel jenis papan dan lama di bursa memberikan pengaruh signifikan terhadap harga saham. Hasil diskusi pakar menunjukkan terdapat beberapa indikator penting yang harus diperhatikan perusahaan demi keberlanjutan lingkungan usahanya. Rekomendasi yang dapat diberikan kepada perusahaan adalah untuk mengatur komponen tata kelola perusahaan, mengatur struktur kepemilikan perusahaan, dan memperhatikan keberlanjutan lingkungan sekitar usaha. Rekomendasi untuk investor untuk dapat selektif dalam memilih perusahaan yang akan diinvestasikan dengan memperhatikan berbagai faktor terutama keberlanjutan lingkungan yang baik. Pengembangan green assessment tidak hanya pada tata kelola perusahaan dan harga saham, tetapi dapat dilakukan pada seluruh komponen yang akan di analisis.
ANALISIS PENGARUH ROA, CAR, NPL, DPK, SUKU BUNGA SBI, DAN INFLASI TERHADAP PERTUMBUHAN KREDIT UMKM PADA BANK UMUM DI INDONESIA (Periode 2004 s.d. 2010) Suhardjo Suhardjo
Kurs : Jurnal Akuntansi, Kewirausahaan dan Bisnis Vol 1 No 1 (2016): Kurs : Jurnal Akuntansi, Kewirausahaan dan Bisnis
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (770.438 KB)

Abstract

This study aims to analyze and examine the influence of ROA, CAR, NPL, deposits, SBI rates and inflation on the growth of SMEs loans in commercial banks in Indonesia either simultaneously (overall test) and partial (individual test). The research method used is multiple linear regression using the sample data from the internal ratios of commercial banks and macro data SBI interest rate and inflation during the period January 2004 to December 2010. ROA, CAR, NPL, deposits, SBI rate and inflation simultaneously significant effect on credit growth of SMEs Commercial Bank in Indonesia. Model regression equation obtained by using six independent variables fit, so it is a suitable model when used as predictors for variable credit growth of SMEs. Partial results indicate that ROA, CAR is not significant positive effect on credit growth of SMEs. NPL and the deposits have a significant positive effect on credit growth of SMEs. Interest Rates have a significant negative impact on SMEs credit growth and inflation have a significant positive effect on credit growth of SMEs. Penelitian ini bertujuan untuk menganalisa dan menguji pengaruh ROA, CAR, NPL, DPK, suku bunga SBI, dan inflasi terhadap pertumbuhan kredit UMKM pada bank umum di Indonesia secara simultan dan parsial. Metode penelitian yang digunakan adalah regresi linear berganda menggunakan data sampel dari rasio internal perusahaan umum dan data makro tingkat suku bunga SBI dan inflasi selama periode Januari 2004 sampai Desember 2010. ROA, CAR, NPL, DPK, suku bunga SBI, dan inflasi secara simultan berpengaruh signifikan pada pertumbuhan kredit UKM Bank Umum di Indonesia. Persamaan model regresi yang diperoleh dengan menggunakan enam variabel independen sesuai, sehingga merupakan model yang cocok jika digunakan sebagai prediktor untuk pertumbuhan kredit variabel UKM. Hasil uji parsial menunjukkan bahwa ROA, CAR tidak berpengaruh signifikan terhadap pertumbuhan kredit UKM. NPL dan deposito memiliki pengaruh positif yang signifikan terhadap pertumbuhan kredit UKM. Tarif bunga memiliki dampak negatif yang signifikan terhadap pertumbuhan kredit UKM dan inflasi memiliki dampak positif yang signifikan terhadap pertumbuhan kredit UKM.
PENILAIAN HARGA SAHAM BERBASIS WEB PADA PERUSAHAAN SEKTOR ANEKA INDUSTRI TAHUN 2020 Nicholas Renaldo; Suhardjo Suhardjo; Ienne Yoseria Putri; Tandy Sevendy; Jelia Juventia
Kurs : Jurnal Akuntansi, Kewirausahaan dan Bisnis Vol 6 No 1 (2021): Kurs : Jurnal Akuntansi, Kewirausahaan dan Bisnis
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Fenomena terkait penurunan indeks saham perusahaan sektor aneka industri menjadi menarik karena beberapa metode yang umumnya digunakan investor dan peneliti dalam menilai harga saham perusaaan. Tujuan penelitian ini adalah untuk menganalisis faktor yang mempengaruhi harga saham dan menciptakan model penilaian yang baru. Analisis menggunakan regresi linier berganda dengan variabel dummy. Sampel sebanyak dua puluh sembilan perusahaan sektor aneka industri pada tahun 2020 dengan teknik pengambilan sampel purposive sampling. Hasil penelitian menunjukkan bahwa market leadership dan managerial ownership memberikan pengaruh signifikan terhadap harga saham, sedangkan environmental sustainability disclosure, corporate social responsibility disclosure, dan asymmetric information tidak memberikan pengaruh signifikan. Rekomendasi untuk perusahaan yakni mempertahankan posisi kepemimpinan pasar dan mengungkapkan seluruh aktivitasnya baik untuk keberlanjutan lingkungan maupun tanggung jawab sosial. Rekomendasi untuk investor adalah mempertimbangkan keberlanjutan lingkungan karena akan menjadi faktor yang penting dan tidak boleh di abaikan oleh investor. Model penelitian telah dapat digunakan untuk menilai harga saham berbasis web pada perusahaan sektor aneka industri tahun 2020 dan masa depan.
INTERNAL CONTROL SYSTEM ANALYSIS ON ACCOUNT RECEIVABLES IN E-RN TRADING BUSINESS Nicholas Renaldo; Sudarno Sudarno; Marice Br. Hutahuruk; Suyono Suyono; Suhardjo Suhardjo
The Accounting Journal of Binaniaga Vol 6, No 2 (2021): December 2021
Publisher : STIE Binaniaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33062/ajb.v6i2.455

Abstract

Large bad debt will disrupt cash flow in the business. This study aims to determine how the implementation of COSO-based internal control in the E-RN Trading Business. This research was conducted in Pekanbaru City, Riau. The data used in this study are primary data and secondary data. Collecting data using observation techniques, interviews, literature studies, and questionnaires. The research method uses descriptive analysis, binomial test, and sign test. The test results show that the control environment, risk assessment, and supervision and monitoring have not been effective in the E-RN Trading Business, but control activities and information and communication have been running effectively in the E-RN Trading Business. Overall testing shows that the implementation of the E-RN Trading Business internal control system is still less effective. Recommendations for E-RN Trading Business implements policies to limit and monitor employee actions so as not to deviate, comply with existing regulations and policies, and improve employee performance, conducts an analysis beforehand and pays attention to receivables, regularly holds meetings after a problem is discovered, and conducts unannounced checks once a week so that fraud does not occur.
Bonus Compensation and Real Earnings Management: Audit Committee Effectiveness as Moderation Variable Suhardjo Suhardjo; Nicholas Renaldo; Andi Andi; Sudarno Sudarno; Marice Br. Hutahuruk; Suharti Suharti; Kristy Veronica
The Accounting Journal of Binaniaga Vol 7, No 1 (2022): June 2022
Publisher : STIE Binaniaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33062/ajb.v7i1.495

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This study analyzes the effect of bonus compensation on real earnings management, with the audit committee effectiveness as a moderating variable in manufacturing companies in Indonesia. The sample of this research is manufacturing companies listed on the Indonesia Stock Exchange from 2018 to 2020. The research sample was selected by the purposive sampling method. Hypothesis testing is done by using panel data regression and Moderated Regression Analysis (MRA). The results showed that bonus compensation had a positive effect on real earnings management, while the effectiveness of the audit committee did not weaken the effect of bonus compensation on real earnings management. The findings of this study provide an overview to the company's stakeholders that bonus compensation is one of the factors that motivates company management to practice earnings management, especially earnings management related to the company's real activities. In addition, this study also provides an overview of the effectiveness of the implementation of corporate governance mechanisms in the sample companies, in particular the ineffectiveness of the supervisory function related to earnings management practices carried out by the audit committee.
DETERMINASI PROFITABILITY DAN FIRM VALUE SUB SEKTOR INDUSTRI MAKANAN DAN MINUMAN Suhardjo Suhardjo; Nicholas Renaldo; Suyono Suyono; Nyoto Nyoto; Siti Ngatikoh
Kurs : Jurnal Akuntansi, Kewirausahaan dan Bisnis Vol 7 No 1 (2022): Kurs : Jurnal Akuntansi, Kewirausahaan dan Bisnis
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35145/kurs.v7i1.1934

Abstract

The phenomenon of the food and beverage industry affected by COVID-19 is a challenging issue to be studied and analyzed in Indonesia where this industry is one of the priorities for the implementation of industry 4.0 and a source of Indonesia's economic growth until 2030. This study aims to test the determination of profitability and firm value of the consumer goods industry. food and beverage industry sub-sectors listed on the Indonesia Stock Exchange in 2016– 2020. The analysis uses multiple linear regression with Smart PLS tools and the sample used is purposive sampling technique on 16 consumer goods industrial companies in the food and beverage industry sub-sector listed on the IDX. 2020. The results show that liquidity has a positive and significant effect on profitability, capital structure has a negative and significant effect on profitability, liquidity has a negative and insignificant effect on firm value, capital structure has a negative and significant impact on profitability. significant effect on firm value, and profitability has a positive and insignificant effect on firm value. Future research develops investment variables of fixed assets, dividends, retained earnings policy, technological innovation related to efficiency, application of green activity. And use macroeconomic assumptions such as: consumption spending, investment, government spending, exports and imports as well as inflation, money supply, interest rates. Fenomena industri makanan dan minuman yang terdampak covid 19 menjadi isu yang menantang untuk dikaji dan dianalisa di Indonesia dimana industri ini menjadi salah satu prioritas penerapan industry 4.0 dan sumber pertumbuhan ekonomi Indonesia hingga 2030. Penelitian ini bertujuan untuk menguji determinasi profitability dan firm value industri barang konsumsi sub sektor industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia tahun 2016 – 2020. Analisa menggunakan regresi linier berganda dengan tools Smart PLS dan sampel yang digunakan dengan teknik purposive sampling terhadap 16 perusahaan industri barang konsumsi sub sektor industri makanan dan minuman yang terdaftar di BEI tahun 2020. Hasil penelitian menunjukan bahwa likuidity berpengaruh positif dan signifikan terhadap profitability, capital structure berpengaruh negatif dan signifikan terhadap profitability, liquidity berpengaruh negatif dan tidak signifikan terhadap firm value, capital structure berpengaruh negatif dan signifikan terhadap firm value, dan profitability berpengaruh positif dan tidak signifikan terhadap firm value. Future reseach mengembangkan variabel investasi aktiva tetap, deviden, kebijakan laba ditahan, innovasi teknologi terkait efisiensi, penerapan green activity. Dan penggunakan asumsi-asumsi makro ekonomi seperti seperti : pengeluaran konsumsi, investasi, pengeluaran pemerintah, ekspor dan impor serta inflasi, jumlah uang beredar, tingkat suku bunga.
ANALISIS PENGARUH DER DAN CR TERHADAP ROA DAN HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI PERIODE 2015–2019 Suyono Suyono; Nicholas Renaldo; Suhardjo Suhardjo; Tandy Sevendy; Efi Rofianto Hia
Bilancia : Jurnal Ilmiah Akuntansi Vol 6 No 2 (2022): Bilancia : Jurnal Ilmiah Akuntansi
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35145/bilancia.v6i2.2279

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ABSTRACTThe objective of this study is to analyze of debt to equity ratio and current ratio on return on asset and stock price.The object of this research is the manufacture companies listed on the Indonesia Stock Exchange in 2015-2019.The sampling technique used purposive sampling method. The number of samples used in this study were 134manufacture companies on the IDX in 2015-2019. The analysis method used in this research is Structural EquationModeling (SEM). The results show that: DER has a significant negative effect on ROA. CR has a positive andinsignificant effect on ROA. DER has no effect on stock prices. CR has no effect on share prices. ROA has asignificant positive effect on stock prices.Keywords: debt to equity ratio; current ratio; return on asset; stock price ABSTRAKPenelitian ini bertujuan untuk menganalisis bagaimana pengaruh debt to equity ratio dan current ratio terhadapreturn on asset dan harga saham Objek penelitian ini pada perusahaan manufaktur yang terdaftar di Bursa EfekIndonesia pada tahun 2015-2019. Teknik pengambilan sampel menggunakan metode purposive sampling. Jumlahsampel yang digunakan dalam penelitian ini adalah 134 perusahaan manufaktur yang terdaftar di BEI pada tahun2015-2019. Metode analisa yang digunakan dalam penelitian ini adalah Structural Equation Modeling (SEM).Hasil penelitian menunjukan bahwa: DER berpengaruh signifikan negatif terhadap ROA. CR berpengaruh positifdan tidak signifikan terhadap ROA. DER tidak berpengaruh terhadap harga saham. CR tidak berpengaruh terhadapharga saham. ROA berpengaruh signifikan positif terhadap harga saham.Kata Kunci: DER; CR; ROA; Harga Saham
The Influence of Price to Book Value on Capital Structure and Profitability of Health and Pharmaceutical Companies in Indonesia Suyono Suyono; Sudarno Sudarno; Suhardjo Suhardjo; Yunia Sari; Intan Purnama
Journal of Applied Business and Technology Vol. 1 No. 3 (2020): Journal of Applied Business and Technology
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (719.961 KB) | DOI: 10.35145/jabt.v1i3.43

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This study aims to know and analyze the influence of price to book value on capital structure and profitability of health and pharmaceutical companies in Indonesia during the period 2012-2019. The population in this study was 12 companies at health and pharmaceutical sub-sector companies in Indonesia during the period 2012-2019. The sampling technique was done using the purposive sampling method. Based on the sample criteria, there were 8 companies that matched the sample criteria. The data analysis techniques used in this study were descriptive analysis and analysis of Structural Equation Modeling (SEM) with AMOS 21. The results showed (1) PBV variable had a positive and significant influence on capital structure of health and pharmaceutical companies in Indonesia during the period 2012-2019. (2) PBV variable had no significant influence on profitability of health and pharmaceutical companies in Indonesia during the period 2012-2019. (3) Capital structure variable had no significant influence on profitability of health and pharmaceutical companies in Indonesia during the period 2012-2019.
Optimizing Company Finances Using Business Intelligence in Accounting Nicholas Renaldo; Suhardjo; Suharti; Suyono; Cecilia
Journal of Applied Business and Technology Vol. 3 No. 2 (2022): Journal of Applied Business and Technology
Publisher : Institut Bisnis dan Teknologi Pelita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35145/jabt.v3i2.107

Abstract

Business intelligence is the process of collecting, analyzing, and interpreting business data to help companies make informed decisions and improve business performance. In accounting, business intelligence is used to understand financial data and monitor overall business performance. This study aims to link the relationship between business intelligence in accounting. Novelty in this research is the methodology in developing business intelligence research in accounting, as it is relatively new to be applied in accounting and business. An approach that combines quantitative and qualitative analysis is very important in achieving the optimization of company finances. Companies must ensure that they have the right strategies and techniques in place to collect, analyze and utilize this information to achieve their financial goals.
Co-Authors Achmad Tavip Junaedi Aminuyati Amries Rusli Tanjung Andi Andi Andi Andi Andi Anton Anton Aprilia, Bord Nandre Aris Augustine, Yvonne Cecilia Cecilia, Cecilia Dalil, M Dalil, M. Dilahk Yladbla Dodi Sofyan Arief, Dodi Sofyan Eddy, Pujiono Efi Rofianto Hia Fadrul Fadrul Fadrul, Fadrul Fahmi Oscandar, Fahmi Fitri Yani Fransisca Hanita Rusgowanto Fransisca, Luciana Geovanie, Geovanie Gusrio Tendra Hadi, Syukri Haristan, Meiviana Harry Patuan Panjaitan Hinsatopa Simatupang Horsiando, Eric Hutahuruk, Marice Br I Gusti Ayu Asri Pramesti Ienne Yoseria Putri Ienne Yoseria Putri Indra Tri Mahayana Indri Yovita Intan Purnama Intan Purnama Jahrizal Jayawarsa, A.A. Ketut Jelia Juventia Jessen, Jessen Karina, Stefani Melisa Khomsiyah, Khomsiyah Komardi, Dadi Koto, Jaswar Kristy Veronica Lutfi Yondri Mardhian, Deby Fajar Marice Br Hutahuruk Meyer, Kaspar Mukhsin Mukhsin Murtanto Murtanto Musa, Sulaiman Namso Ukanahseil Napitupulu, Ryan Pardomuan Nicholas Renaldo Nicholas, Eric Nuriman M. Nur Nyoto Nyoto Nyoto, Nyoto Octavellyn, Shierly Pacquiao, Jose Rodrigo Panggabean, Jessylane Prayetno, Muhammad Pringgo Prihastomo, Arih Dwi Purnama, Intan Puspita Salfasari Putri, Novita Yulia Rahman, Sarli Ramadani, Yulita Remy, Adrian Rezenebe Ngameyga Udab Rizaldi Putra Rizaldi Putra Rizki, Ludhang Pradipta Robert David Setyawan, Onny Setyowati, Reny Sevendy, Tandy Siti Ngatikoh Sofyanto, Sofyanto Sri Susilawati Sucahyanto Suci Fitria Sari Sudarno Sudarno Sudarno Sugiyarti, Listya Suharti Suharti Suharti Sun, Lee Ho Suranto, Agung Surya Safari SD Sutandijo, Sutandijo SUYONO Suyono Suyono Suyono Suyono Tandy Sevendy Tandy Sevendy Teddy Chandra Tri Wijayanti, Firdha Veronica, Kristy Wahid, Nabila Wati, Yenny Wijaya, Boyke Wilda Susanti Wulandari, Felia Resha Yolanda Pitra Kusumadewi Yunia Sari Yusrizal Yusrizal