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ROLE OF SHARE OWNERSHIP AND DIVIDEND POLICY ON FINANCIAL PERFORMANCE (CASE STUDY AT CONSTRUCTION SERVICE COMPANY) Yeni Sofiana; Ananda Dwi Lestari; Agus Sukoco; M. Ikhsan Setiawan; Dani Hermanto
Journal of International Conference Proceedings (JICP) Vol 1, No 1 (2018): Proceedings of the 1st International Conference of Project Management (ICPM) Mal
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (13.983 KB) | DOI: 10.32535/jicp.v1i1.172

Abstract

The purpose of this study is toanalyze financial performance seen on the basis of share ownership and dividend policy of the construction services companylisted in Indonesia Stock Exchange (IDX) during 2014-2016. This study analyzes the role share ownership and dividend policy of the construction services company and their impact on finance performance. Method, Data of this research is Construction Company listed on the Indonesia Stock Exchange which reports Consolidated Financial Statements and audited in 2014-2016. The analytical technique used is Multiple Regression Analysis. The data is financial statements downloaded from Indonesia Stock Exchange website and tested with SPSS 24 application. Result, Result of this study is that the performance of Construction Company is influenced by Managerial Ownership positively and significantly affects all financial performance indicators, both Net Profit Margin, Return On Asset and Return On Equity, Institutional ownership has a negative and insignificant effect on financial performance indicator of Net Profit Margin and Return On Equity. While on Return On Asset have positive effect but not significant. Dividend policy negatively affects all financial performance indicators. However significant to Net Profit Margin and Return On Equity, while on Return On Asset is not significant. The findings of this study are contruction company that go public in Indonesia, their finance performance is determined by the value of Managerial Ownership Financial Statement and ROE and this will assist to provide useful information to other researchers, investors and banking companies Keywords: Managerial Ownership, Institutional Ownership, Dividend Policy, Financial Performance
Minimizing The Risk of Foreign Exchange Transactions in Facing Foreign Exchange Exposure Achda Vellanita; Zulfikar Steifani Prayoga; Agus Sukoco; Gede Arimbawa; M. Ikhsan Setiawan
Journal of International Conference Proceedings (JICP) Vol 1, No 1 (2018): Proceedings of the 1st International Conference of Project Management (ICPM) Mal
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (13.586 KB) | DOI: 10.32535/jicp.v1i1.175

Abstract

The purpose This study discusses how to minimize foreign exchange transaction risk by using hedging technique method. Where this research performs actions taken to protect a company against exchange rate exposure and to measure the extent to which a company can be influenced by the exchange rate. Method, This research is quantitative descriptive by analyzing forward contract method in facing foreign exchange exposure. Calculates the forward rate used to hedge the net assets and liabilities of the company in foreign currency. Result,By using the contractual forward contract hedging method, the forward contract hedging method is more profitable than using open position method to face foreign exchange exposure. From the data obtained forward contract hedging method provides exchange rate advantage of Rp 36.877.227.752.936 while the open position method provides for foreign exchange loss of Rp 36.877.227.752.936 The findingsFrom this study companies that conduct international transactions or exposure and imports are influenced by fluctuations in foreign exchange rates. The MNC company will be able to reduce the risk of currency fluctuation losses, so as not to have a worse impact on the company Keywords: foreign exchange, hedging, risk ,currency