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Moderation of Leverage on Institutional Ownership to Profitability and Stock Return Michelle Sabatamia; Harlyn L. Siagian
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 5, No 1 (2022): Budapest International Research and Critics Institute February
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i1.3673

Abstract

This study aims to analyze the effect of Institutional Ownership on Profitability and Stock Return with Leverage as the Variable Control. The sample used is secondary data from the Indonesia Stock Exchange (IDX) Annual Report, which Food and Beverages Companies listed on the Indonesia Stock Exchange in 2017-2019. The samples were selected using purposive sampling methods and sample that meets the criteria. This study uses t-test, F-test, and Moderated Regression Analysis (MRA). The proxy used for Profitability is Return on Assets (ROA) and the proxy used for Leverage is Debt to Equity Ratio (DER). These results indicate that partially the Institutional Ownership and Leverage does not effect on ROA and Stock Return, and simultaneously Institutional Ownership and Leverage does not effect on ROA and Stock Return. While Leverage can be the moderating variable between Institutional Ownership on Profitability and Institutional Ownership on Stock Return proven by the increase in the value of R-Square.
Analysis of Differences in Levels of Financial Behavior towards Investment Preferences among Generation X and Generation Y in Urban Areas Stephanie Bethania Pearly Simbolon; Harlyn L Siagian
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 5, No 1 (2022): Budapest International Research and Critics Institute February
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i1.4452

Abstract

The goal of this study was to see if there were any disparities in the amount of financial activity between men and women towards investment preferences between generation x and generation y in urban areas. The research methods used in this research are quantitative with comparative types. The respondents of the study used in this study were 60 respondents belonging to generation X and generation Y. The results of hypothesis testing using the t-test found that the t count value was -11,816 and the table value of df 59 was 2,000. So it is found that the value of t calculate is smaller than the value of the table t (-11,816 < 2,000). As a result, the null hypothesis was rejected and an alternate hypothesis was accepted. Based on the findings, it is possible to conclude that there is a difference in the level of financial behavior towards investment preferences between generation X and Generation Y in urban areas.
The Effect of Liquidity and Total Asset Turnover on Profitability: Research Study n Pharmaceutical Companies in Indonesia Stock Exchange Jocelyn Rajagukguk; Harlyn Siagian
Ekonomis: Journal of Economics and Business Vol 5, No 2 (2021): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v5i2.400

Abstract

Management companies will seize opportunities in order to improve financial performance. To measure the financial performance it will need the tool to measure it. Profitability ratio is a ratio to assess the company's ability to seek profit. And in this research it stated that liquidity and total asset turnover can affected profitability. The population of this study uses data from pharmaceutical companies listed on the Indonesia Stock Exchange in 2015-2019. So, it has 9 companies according to the given category. In total there are 45 samples used in this research. The result of this research are that liquidity has a negative effect on profitability, and so the total assets turnover on profitability. Simultaneously, liquidity and total asset turnover have a significant negative relationship to profitability.
The Effect of Gross Profit, Operating Profit and Net Profit on Future Cash Flow Prediction at the Company of Telecommunications Sub Sector on IDX in 2014-2019 Leo Hutagalung; Harlyn Siagian
Ekonomis: Journal of Economics and Business Vol 6, No 1 (2022): Maret
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v6i1.516

Abstract

This study was structured with the aim of knowing the effect of gross profit, operating profit and net profit on the prediction of future cash flows in telecommunications sub-sector companies listed on the Indonesian stock exchange. This research was conducted focused on the telecommunications sub-sector companies listed on the Indonesia Stock Exchange in 2014-2019. The sampling method used is purposive sampling. Through this sampling method, 5 companies were obtained that could be used as samples with a research period of 6 years. Therefore, in this study, the number of this study was 30 units of analysis. This study uses descriptive statistical analysis, correlation coefficient analysis, coefficient of determination analysis, simple regression analysis, and multiple regression analysis in analyzing all data. Testing the data used in this study is the partial t-significance test, the classical assumption test, and the F simulation test. From the research conducted, the results show that the gross profit and operating profit variables partially have no significant effect on future cash flows while the net income variable shows that partially significant effect on cash flows in the future. The variables of gross profit, operating profit and net profit simultaneously show a significant effect on future cash flows.
Effect of Profitability (RoA) and Liquidity (CR) on Profit Growth in Companies Pharmaceutical Sector IDX Dirjon Sitohang; Harlyn Siagian
Ekonomis: Journal of Economics and Business Vol 5, No 2 (2021): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v5i2.399

Abstract

Profit growth is important for the sustainability of the company. At this particular time, covid-19 is a problem everywhere. So the pharmaceutical industry is being encouraged by the government to continue to build a good and more integrated structure. Profit growth can be analyzed using financial ratios. The financial ratios used in this study are liquidity, profitability, and company growth. This study used a purposive sampling technique. The research population used is pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) 2015-2019 with a total sample of 9 companies. The result of this study is that profitability has a positive relationship with profit growth and also has a significant effect. On the other hand, liquidity has a negative relationship with profit growth but is not significant. Simultaneously, profitability and liquidity have a significant positive relationship to profit growth.
Debt to Assets Ratio and Management Asset on Financial Performance: an Evidence of Chemical Companies in Indonesia Stock Exchange Dolly Parlindungan Pardosi; Harlyn L Siagian
Ekonomis: Journal of Economics and Business Vol 5, No 2 (2021): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v5i2.387

Abstract

This study aims to analyze the effect of Debt to Asset Ratio and Management Asset on Financial Performance in chemical companies listed on the Indonesia Stock Exchange. The population used in this study are chemical companies listed on the Indonesia Stock Exchange. The sample used in this study was 9 companies in 2015-2019, so that 36 research samples were obtained. In this study, Management Asset is measured using the Inventory Turnover proxy and Financial Performance using the Return on Assets proxy. Based on research, simultaneously, Debt to Asset Ratio and Management Asset have a significant effect on Financial Performance. While partially the Debt to Asset Ratio has an influence on the Return on Asset and Management Asset has no effect on the Return on Asset. Debt to Assets and Inventory Turnover ratios contributed 53.8% to Return on Asset.
PENGARUH KEPEMILIKAN INSTITUSIONAL, KEBIJAKAN HUTANG, PROFITABILITAS DAN LIKUIDITAS TERHADAP KEBIJAKAN DIVIDEN PADA PERUSAHAAN SEKTOR CONSUMER AND GOOD DI BEI PERIODE 2018-2020 Gevin raymond sihombing; Harlyn Lindon Siagin
Jurnal Ekonomika : Manajemen, Akuntansi, dan Perbankan Syari'ah Vol. 10 No. 2 (2021): September
Publisher : Economic Faculty, University of Widya Gama Mahakam Samarinda

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (787.73 KB) | DOI: 10.24903/je.v10i2.1236

Abstract

Penerbitan saham adalah salah satu pilihan dalam memilih suatu perusahaan dalam mengambil keputusan untuk membiayai suatu perusahaan. Arizki & dkk. (2019) menjelaskan bahawqa kebijakan dividen perusahaan merupakan kebijakan yang sangat penting karena menyangkut investor yang merupakan sumber modal bagi perusahaan. Oleh karena peneliti melakuakn penelitian terhadap kepemilikan konstitusional, kebijakan hutang, profitabilitas dan Likuiditas terhadap kebijakan dividen. Penelitian ini mengguankan objek penelitian pada perusahaan costumer and good yang terdaftar di Brusa Efek Indonesia. Penelitian ini menggunakan sampel tahun 2018 hingga 2020. Penelitian ini merupakan penelitian deskriptif sebab akibat. Metode dalam penelitian ini adalah sampling bertarget untuk mendapatkan sampel yang representatif. Perusahaan yang menjadi sampel penelitian harus memenuhi beberapa kriteria, sehingga sampel yang di ambil sudah sesaui dengan ketentuan dari peneliti. Yang mana penelitian ini menghasilkan adanya pengaruh yang anatara variable independent secara simultan terhadp variable dependen
ANALISIS PENGARUH RASIO AKTIVITAS, RASIO PROFITASBILITAS, DAN INTELEKTUAL CAPITAL TERHADAP RETURN SAHAM DALAM BANK KONVENSIONAL TAHUN 2017-2019) Dirjon Sitohang; Harlyn Siagian
REVITALISASI : Jurnal Ilmu Manajemen Vol 10 No 2 (2021): REVITALISASI : Jurnal Ilmu Manajemen
Publisher : Universitas Islam Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32503/revitalisasi.v10i2.1845

Abstract

Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh Rasio Aktivitas, Rasio Profitasbilitas, dan Intelektual Capital Terhadap Return Saham pada Bank Konvensional. Penelitian dilakuakn terhadap bank konvensional yang terdapat di Indonesia. Terkumpulnya beberapa sampel yang berjumlah 64 bank konvensional yang sesuai dengan penelitian ini. Penelitian ini menggunakan laporan kuangan yang di terbitkan pada tahun 2017 hingga 2019. Penelitian ini menggunakan analisis deskriptif kuantitatif. Hasil dari penelitian adalah Adanya hubung yang signifikan pada vatiabel rasio aktivitas (TAT), rasio profitasbilitas (ROA) dan intelektual capital (VAIC) terhadap profitabilitas saham. Serta terdapatnya pengaruh yang signifikan antara tingkat aktivitas, tingkat keuntungan, dan modal intelektual) secarabbersama-sama (bersamaan) terhadap profitabilitas saham.
THE EFFECT OF AUDITOR COMPETENCE, EMOTIONAL INTELLIGENCE OF AUDITORS, AND AUDITOR INDEPENDENCE ON AUDITOR PERFORMANCE Hariati Karo; Harlyn Siagian
Jurnal Terapan Ilmu Manajemen dan Bisnis (JTIMB) Vol. 1 No. 1 (2018): JTIMB|Desember 2018
Publisher : Program Studi Magister Manajemen Universitas Advent Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (337.572 KB) | DOI: 10.58303/jtimb.v1i1.710

Abstract

This study was conducted to determine the effect of auditor competence on auditor performance, to determine the effect of auditor emotional intelligence on auditor performance, to determine the effect of auditor independence on auditor performance and to determine the effect of auditor competency, auditor emotional intelligence, and auditor independence on auditor performance at 3 Offices Public Accountant (KAP) in Jakarta. The variables studied were auditor competency variables, auditor emotional intelligence variables, and auditor independence variables as independent variables and auditor performance as the dependent variable. The method used in this research is the descriptive method, where data is obtained by distributing questionnaires to 43 auditors, analyzed using SPSS Software and given conclusions. From the results of the study, the auditor's competency level is below the average, which means that the auditor does not have good competence. The level of emotional intelligence above average means that the auditor has good emotional intelligence. The level of auditor independence is above the average, which means that the auditor has good independence. The level of auditor performance is above the average, which means that 3 KAPs in Jakarta have good auditor performance. There is no significant effect on auditor competence on auditor performance by 0.090, there is a significant effect on auditor emotional intelligence on auditor performance by 0.000, there is a significant effect on auditor independence on auditor performance by 0.008, and there is also a significant influence on auditor competence, auditor's emotional intelligence, and auditor independence simultaneously on auditor performance at 7,112 with a significance value of 0.001
PENGARUH BRAND POSITIONING DAN BRAND EQUITY TERHARAP KEPUTUSAN PEMBELIAN KENDARAAN Memey Memey; Harlyn Lindon Siagian
Jurnal Terapan Ilmu Manajemen dan Bisnis (JTIMB) Vol. 2 No. 1 (2019): JTIMB|Mei 2019
Publisher : Program Studi Magister Manajemen Universitas Advent Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (428.629 KB) | DOI: 10.58303/jtimb.v2i1.2037

Abstract

This study aims to examine and determine the effect of brand positioning and brand equity on the decisions of vehicle buyers. This research was conducted at PT. Arista Group with a sample of buyers or consumers who come to the company. The data processing method used in this study is descriptive statistical analysis, correlation coefficient test, coefficient of determination test, simple linear regression analysis, classic assumption test and hypothesis test (F test and t test) and multiple linear regression analysis. The results in this study indicate that multiple linear regression analysis is Buyer Decision = 5,559 + 0.720 BP + 0.113BE which means, the constant of 5,559 states that if there is no brand position and brand equity, the buyer's decision is 5,559. Partial hypothesis testing (Test t) brand positioning produces a coefficient obtained sig for the variable brand position is 0.000 then 0.000 <0.05 so Ha is accepted. Then t arithmetic is 6.403, then t count 0.05 so that H0 is accepted. Then you can see t count is 1,386, then t count> t table so there is in the area H0 accepted. So partially brand equity has a significant effect on buyer decisions. The conclusion is that there is a significant effect of brand positioning and brand equity on vehicle purchase decisions at PT. Arista Group.
Co-Authors Adelia Claryssa Adriella Resmita Sunny Pardosi Alden Rajagukguk Alden Rajagukguk Aldo Arsito Alfiano Marcellino Sibuea Allan B Pasaribu Arina Adelany Artauli Angel Situmeang Arthur Jehezkiel B Rachmat, Yosua C Rantung, Melinda Chatherine Marpaung Crismon Tiodom Sitohang Daniel Dara Suzana Debora Apriliyani Bakara Dirjon Sitohang Dirjon Sitohang Doli Silaban Dolly Parlindungan Pardosi Elny Sinaga Fitri Natalia Lumban Gaol Fitry, Remember Francis Hutabarat Gevin raymond sihombing Happy Bernada Simatupang Hariati Karo Harman Malau Herold Moody Manalu Irwin Gunawan Sahala Subiyanto James Benjamin Soeindoen Joan Yuliana Hutapea Jocelyn Rajagukguk Jocelyn Rajagukguk Johan Manurung Josua Erwin Simanjuntak Judith Tagal Gallena Sinaga Junita Manurung Leo Hutagalung Lewis, Isac Manalu, Herold Marlinda Siahaan Marpaung, Samuel Ariaputradana Martha Agustina Matanari Memey Memey Michelle Sabatamia Nilam Sari Simbolon Olivia Fransisca Moniaga P.E Sudjiman Pandiangan, Gibson Pangaribuan, Bonar Alberto Pangaribuan, Hisar Priadi Sianturi Pryanti Silaban Pungu Simaremare P’briel Stevant Adi Saragih Rajagukguk, Alden Rajagukguk, Jocelyn Rani Sihotang Reynaldo Simamora Romian Marpaung Ronny Buha Sihotang Rorimpandey, Joel Rumiris Rumiris Russel Hizkia Sagala, Clarissa Grace S. Sagala, Yos Hengky Olbioctavian Samuel Steve Sarah Marchia Tabita Siagian, Vienzo Siburian, Teddy Megido Silitonga, Jerni Febrina Simbolon, Surya Hasan Sisobadodo Zendrato Situmeang, Artauli Angel Steavyane Deasy Simalango Stephanie Bethania Pearly Simbolon Tambunan, Tanjung Tanjung Tambunan Teddy M. Siburian Teddy Megido Siburian Tetty H Sitorus Tua Hasudungan Pardosi, Douglas Valentine Siagian Yetshi Otchika Simbolon Yosafat Arya Permata