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Supply Chain Strategy for Assessing the Stock Prices of Property Sector Companies in Indonesia Stock Exchange Sinurat, Mangasi; Erlina, Erlina; Daulay, Murni; Saputra, Jumadil; Sadalia, Isfenti; Nur Ilham, Rico
International Journal of Supply Chain Management Vol 9, No 4 (2020): International Journal of Supply Chain Management (IJSCM)
Publisher : International Journal of Supply Chain Management

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Abstract

The global crisis in 2008 has a tremendous impact on Indonesian economic stability. It ultimately led to increases in asset prices including property. It drives investors to invest in property companies namely stock. Thus, this study aims to examine the effect of Economic Value Added, Return on Equity, and Earnings per Share toward Stock Price. Also, the role of Price Earnings Ratio as a Moderating Variable in the relationship among variables studied. The secondary data obtained from annual reports, financial statements. The data source is the property sector companies issued on the Indonesia Stock Exchange. There are 30 companies involved in this study. The data analyzed by using the multiple linear regression analysis and moderating test applied the residual method. The results of this study indicate that partially Economic Value Added has a positive and significant effect on stock prices, Return on Equity has a negative and significant effect on stock prices, and Earning per Share has a positive and significant effect on stock prices. Variable Price Earnings Ratio does not moderate the relationship of Economic Value Added, Return on Equity and Earnings per Share to stock prices both partially and simultaneously.
The implementation of energy subsidy reduction policy on the Indonesian economy performance Handayani, Rita; Juzilam, Siro; Daulay, Murni; Ruslan, Dede
International Journal of Financial, Accounting, and Management Vol. 1 No. 4 (2020): March
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/ijfam.v1i4.154

Abstract

Abstract Purpose: This study aims to evaluate the impact of the implementation of the energy subsidy reduction policy conducted by the Government of Indonesia for the period 2015-2017. The author examines the application of the subsidy reduction policy and its impact on economic performance, specifically on economic growth; inflation rates, sectoral employment absorption, income levels and households group income distribution using the computable general equilibrium approach (CGE Model). Research Methodology: The study used data from the 2008 Social Economic Balance System (SNSE) published by the Indonesian Central Statistics Agency (BPS). Furthermore, it also built a balance of data base with the static version 1.1 PEP model, version 2.0 making the energy subsidy reduction policy a shock in the simulation model developed. Results: The author found that the application of policy to reduce energy subsidies has an impact on increasing economic growth, reducing inflation, increasing employment in the livestock, hospitality, land transportation and other service sectors. Limitation: The limitation of this study is the use of funding 2008. Contribution: The government as a stakeholder should provide the inclusive potential opportunity and considerable funds for research and development of new energy sources which will benefit of the future of nation's life.