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The Effect of Net Profit Margin on Current Ratio in PT. Siantar Top, PT. Kimia Farma and PT. Gudang Garam Companies Period 2020-2022 Paskah Pardede; Herlin Munthe
Jurnal Ekonomi, Bisnis & Entrepreneurship Vol. 17 No. 2 (2023): Jurnal Ekonomi, Bisnis & Entrepreneurship (e-Journal)
Publisher : Pusat Penelitian dan Pengabdian Pada Masyarakat (P3M) STIE Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55208/nfje3213

Abstract

Net Profit Margin and Current Ratio are two financial ratios used to analyze the financial health of a company. Net Profit Margin is one of the important indicators to assess the financial performance of a company as it provides an insight into how effectively the company generates profits from its operations after considering all costs and expenses. It measures the company’s efficiency in generating profit from each unit of revenue. Companies with a high Net Profit Margin are often considered more attractive to investors because the high net profit indicates the company’s ability to generate strong cash flow and provide good returns to shareholders. Current Ratio is a liquidity ratio that measures a company’s ability to meet its shortterm obligations with liquid assets that can be quickly converted into cash. A high Current Ratio indicates that the company has sufficient current assets to meet its shortterm liabilities. This can provide assurance to investors that the company will not face financial difficulties in paying its obligations when they become due. This research aims to determine the influence of Net Profit Margin on Current Ratio in PT.Siantar Top, PT.Kimia Farma and PT. Gudang Garamwhich were studied on a quarterly basis during the period 2020-2022. This is quantitative research using secondary data, which are the financial statements of each company accessed through the official website of the Indonesia Stock Exchange (BEI). Data analysis was conducted using simple linear regression analysis with the assistance of SPSS softwareversion 25. The result of the research shows that simultaneously or collectively, Net Profit Margin has an influence on Current Ratio and partially, it is found that Net Profit Margin has a significant positive effect on Current Ratio. The coefficient of determination indicates a result of 0,304, which means that rthe influence of Net Profit Margin on Current Ratio is 30,4% while the remaining percentage is influenced by other factors that were not examined in this study.
The Influence of information Technology, Work Experience, Management Participation and HR Competence on the Effectiveness of Accounting Information Systems Elsa Putri Napitupulu; Herlin Munthe; Nur Ari Sufiawan
Jurnal Ekonomi, Bisnis & Entrepreneurship Vol. 17 No. 2 (2023): Jurnal Ekonomi, Bisnis & Entrepreneurship (e-Journal)
Publisher : Pusat Penelitian dan Pengabdian Pada Masyarakat (P3M) STIE Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55208/97xg0n04

Abstract

Analyzing is the aim of this study and proving that there is an influence between Information Technology, Work Experience, Management Participation and HR Competence at Bank BNI Iskandar Muda Branch, BNI USU Branch, BNI Padangbulan Branch and BNI KC Setiabudi, Medan City, North Sumatra. This research utilizes primary data that has been obtained by distributing questionnaires to respondents. The respondents were employees who worked at Bank BNI Iskandar Muda Branch, BNI USU Branch, BNI Padangbulan Branch and BNI KC Setiabudi, Medan City, North Sumatra. Sampling by saturated sample method using a sample of 80 employees. The results of partial testing show that the effectiveness of the accounting information system is positively and significantly influenced by information technology, work experience, management participation and HR competencies at Bank BNI Iskandar Muda Branch, BNI USU Branch, BNI Padangbulan Branch and BNI KC Setiabudi, Medan City, North Sumatra. Simultaneously Information Technology, Work Experience, Management Participation and HR Competence have a positive and significant impact on the Effectiveness of the Accounting Information System at Bank BNI Iskandar Muda Branch, BNI USU Branch, BNI Padangbulan Branch and BNI KC Setiabudi, Medan City, North Sumatra.
The Influence of the Effectiveness of Implementing Accounting Information Systems, Utilization of Technology, Human Resource Competency and Management Participation on Individual Performance: Study at Shopee Express Delivery Service Companies in Medan City Ryo Eru Nugraha Ginting; Herlin Munthe; Merry Rusida S; Kiki Hardiansyah Siregar
Jurnal Ekonomi, Bisnis & Entrepreneurship Vol. 17 No. 2 (2023): Jurnal Ekonomi, Bisnis & Entrepreneurship (e-Journal)
Publisher : Pusat Penelitian dan Pengabdian Pada Masyarakat (P3M) STIE Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55208/63kapw06

Abstract

The objective of this study is to investigate the impact of the implementation of accounting information systems, technology use, human resource competency, and management engagement on individual performance at Shopee Express, a delivery service firm located in the city of Medan. The present study employs quantitative data. The research was carried out at a logistics company called Shopee Express, located in the urban area of Medan. The study's population comprises all employees employed at the Shopee Express delivery service company in the city of Medan, amounting to a total of 60 individuals. The sample size for this study also consists of 60 people. The study incorporated a combination of primary and secondary data sources, as employed by the researcher. The findings and analysis of this study are presented as follows: (1) The implementation of accounting information systems has a noteworthy impact on individual performance, as evidenced by the statistical significance of the sig value being less than 0.05. The impact of technology utilization on individual performance is shown to be statistically significant, as indicated by a significance level of less than 0.05. The competency of human resources has a substantial impact on individual performance, as indicated by a statistically significant p-value of less than 0.05. The involvement of management has a substantial impact on the performance of individuals, as evidenced by the statistical significance of the relationship (p < 0.05). (5) The concurrent impact of establishing accounting information systems, utilizing technology, possessing human resource competence, and engaging in management participation has a noteworthy effect on individual performance, as indicated by a statistically significant p-value of less than 0.05. The Adjusted R-Square value is 0.641, indicating that the research variables provide a substantial contribution of 64.10% towards explaining individual performance. The remaining 35.90% is attributed to external factors beyond the scope of this study.
The Impact of Interest Rates and Inflation Rates on Increasing the Number of Customers Saving Richna Handriyani; Siti Junaida Hasibuan; Herlin Munthe
Jurnal Ekonomi, Bisnis & Entrepreneurship Vol. 17 No. 2 (2023): Jurnal Ekonomi, Bisnis & Entrepreneurship (e-Journal)
Publisher : Pusat Penelitian dan Pengabdian Pada Masyarakat (P3M) STIE Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55208/cde4bt74

Abstract

This research investigates the impact of interest rates and inflation on the customer base of PT. Medan Independent Bank in terms of savings. The present study aims to examine the impact of interest rates and inflation on the customer base of Bank Mandiri (Persero) Medan. This study aims to examine the impact of interest rates and inflation on the customer base of Bank Mandiri (Persero) Medan in terms of savings. This study used a causal-comparative research design, which is a type of research that examines the cause-and-effect relationship between two or more variables. This study employs many data analysis approaches, including Validity and Reliability Tests, classical assumption tests, multiple linear regression, hypothesis testing, simultaneous tests, and the Coefficient of Determination (R2). The statistical findings show a significant relationship between the interest rate and the number of customers. This conclusion is based on the t-test (partial), where the calculated t-value of 5.039 exceeds the critical t-value of 2.920, and the significance level of 0.001 is less than the predetermined threshold of 0.05. Therefore, each interest rate significantly impacts the number of customers. Based on the obtained results, inflation substantially influences customer numbers. This conclusion is drawn from the t-test (partial) analysis, where the calculated t-value of 4.051 exceeds the critical t-value of 2.920 at a significance level of 0.001, which is lower than the conventional threshold of 0.05. Hence, individually and independently, inflation significantly impacts the number of customers. Based on the statistical findings, interest rates, and inflation substantially influence customer numbers. This assertion is supported by the F (simultaneous) test, where the F-count value of 18.348 exceeds the critical F-table value of 9.55, and the significance level of 0.000 is less than the predetermined threshold of 0.05. Hence, both interest rates and inflation significantly impact the number of customers concurrently.
The Influence of Current Ratio, Net Profit Margin, Total Asset Turnover, And Debt to Equity Ratio on Share Prices in Manufacturing Companies in The Property and Real Estate Sector on The Indonesia Stock Exchange for the 2019-2021 Period Natasya Fajriah; Hemima Franika Br Ginting; Herlin Munthe; Maduma Sari Sagala
Jurnal Ekonomi, Bisnis & Entrepreneurship Vol. 18 No. 1 (2024): Jurnal Ekonomi, Bisnis & Entrepreneurship (e-Journal)
Publisher : Pusat Penelitian dan Pengabdian Pada Masyarakat (P3M) STIE Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55208/9g5bnz26

Abstract

Numerous industries provide investors with various funding options in today's rapidly evolving business and technology landscape. One particularly intriguing area in this regard is investment. Investment refers to allocating cash into various assets for a specific duration to generate profits, such as income or capital appreciation. Infrastructure development has led to the management of several industries, including property and real estate. Property can stimulate other economic sectors by providing employment opportunities and enhancing overall societal well-being. This is further bolstered by the rapid growth of the property sector, driven by the consistent availability of land and the rising public demand for housing and office spaces. Based on the data results, it is evident that there was an upsurge in demand for property and real estate in 2019. In contrast, production was sluggish expansion across all industries during the Covid-19 pandemic. Share prices will rise with increased demand and fall with less demand. This is evident in the company's effective management of shareholders. Financial reports are crucial for the company's future. Financial report data can be utilized as a decisive factor in decision-making. Investors can make informed investment decisions by evaluating the financial performance of PT. Alam Sutera Reality Tbk, PT. Bumi Serpong Tbk, and PT. Bekasi Fajar Industri Estate Tbk. This assessment can be done by calculating the liquid or illiquid ratio, which is determined by the company's Current Ratio, Net Profit Margin, Total Asset Turnover, and debt-to-equity ratio.
The Influence of Return on Assets (ROA), Debt to Equity Ratio (DER), Current Ratio (CR), Debt to Asset Ratio (DAR) On Stock Returns in Food and Beverage Sector Manufacturing Companies Listed on The Indonesia Stock Exchange for The Period 2018 - 2022 Herlin Munthe; Novita Royana Marbun; Yara Ainy br Ginting; Kiki Hardiansyah Siregar
Jurnal Ekonomi, Bisnis & Entrepreneurship Vol. 18 No. 1 (2024): Jurnal Ekonomi, Bisnis & Entrepreneurship (e-Journal)
Publisher : Pusat Penelitian dan Pengabdian Pada Masyarakat (P3M) STIE Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55208/tsfrj430

Abstract

This study seeks to examine the impact of Return on Asset (ROA), Debt to Equity Ratio (DER), Current Ratio (CR), and Debt to Asset Ratio (DAR) on Stock Return in manufacturing companies within the food and beverage industry sector listed on the Indonesia Stock Exchange from 2018 to 2022. The study will analyze the relationship between these variables both individually and simultaneously. The approach employed in this study is a quantitative methodology. From 2018 to 2019, 28 food and beverage industry production enterprises comprised 80 samples. This study utilized purposive sampling and employed various statistical tests, including the partial t-test, simultaneous F-test, classical assumption test, and adjusted R-square test. The test results indicate a significant relationship between Return on Assets (ROA) and Return on Sales (RS), as evidenced by the p-value of 0.003, which is less than the significance level of 0.05. (2) In the SPSS T-test, a sig value of 0.499>0.05 indicates no significant influence of DER on RS. (3) The results of the SPSS testing using the T-test show that the significance value is 0.484, more significant than 0.05. This condition indicates that CR does not have a significant influence on RS. (4) Based on the findings of the statistical significance test (p-value of 0.134>0.05), it may be inferred that DAR does not have a significant influence on RS. The calculated value of f, 4.664, is greater than the critical value of 2.49, and the significance level of 0.003 is less than the threshold of 0.05. Therefore, we can infer that the null hypothesis (H0) is rejected and the alternative hypothesis (Ha) is accepted. The Adjusted R Square value is 0.194, indicating that the independent variables can explain 19.4% of the variation in Y (RS). Other factors influence the remaining 80.6% of the variation.
When Digital Finance Is Not Enough: Digital Capability and MSME Business Resilience Rafida Khairani; Herlin Munthe; Chaniago, Sabaruddin; Cici Handayani
Journal of Finance Integration and Business Independence Vol. 2 No. 1 (2026): Journal of Finance Integration and Business Independence
Publisher : YAYASAN BINA BISNIS NUSANTARA MEDAN

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

Abstract

This study examines the impact of accounting knowledge and taxpayer attitudes on tax compliance among Small and Medium Enterprises (SMEs) in North Medan. Using a quantitative approach, data were collected through surveys distributed to SME owners and managers who are directly involved in financial decision-making. The study found that both accounting knowledge and positive taxpayer attitudes significantly influence tax compliance. Accounting knowledge enables business owners to understand tax obligations and manage financial records accurately, leading to improved compliance. Meanwhile, taxpayer attitudes, such as the perception of fairness and trust in the tax system, also play a crucial role in determining the level of compliance. The results suggest that enhancing accounting education and fostering positive attitudes toward taxation could improve tax compliance in the SME sector. This research provides valuable insights for policymakers and tax authorities aiming to promote compliance through targeted educational programs and awareness campaigns.
The Effect Size of Public Acconting Firm (KAP), Audit Tenure, Audit Fees, and Tax Aggressiveness on Audit Quality in Manufacturing Companies Listed on the Indonesia Stock Exchange for the Period 2021-2023 Ginting, Emiya Putri Febrisia Br; Teng, Sauh Hwee; Munthe, Herlin; Lie, Darwin
Jurnal Ilmiah Multidisiplin Indonesia (JIM-ID) Vol. 5 No. 05 (2026): Jurnal Ilmiah Multidisplin Indonesia (JIM-ID), May 2026
Publisher : Sean Institute

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

Abstract

This study aims to analyze the relationship between firm size, auditor tenure, audit fees, and tax aggressiveness on audit quality in manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. The sample was selected using purposive sampling, with the criteria that the sample consists of manufacturing companies listed on the Indonesia Stock Exchange during the 2021–2023 period and possessing complete data on the independent variables for that period. Based on these criteria, 20 companies were identified with a 3-year observation period, resulting in a total of 60 data points for the study. The data analysis method employed was multiple linear regression. This study indicates that the size of the public accounting firm (KAP), audit tenure, audit fees, and tax aggressiveness simultaneously have a significant effect on audit quality. Partially, the size of the KAP, audit fees, and tax aggressiveness have a significant effect on audit quality, whereas audit tenure does not have a significant effect on audit quality.
Faktor-Faktor Yang Mempengaruhi Keputusan Investasi Reksadana Pada Masyarakat Di Kota Medan Fermin Sri Kasih Lahagu; Fannycia Fannycia; Herlin Munthe; Melfrianti Romauli Purba; Rifqah Harahap
Community Engagement and Emergence Journal (CEEJ) Vol. 7 No. 2 (2026): Community Engagement & Emergence Journal (CEEJ)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ceej.v7i3.10360

Abstract

Haluan penelitian merupakan penganalisis faktor-faktor dalam memengaruhi keputusan investasi reksadana pada masyarakat di Medan yang berkaitan dengan reksadana, finansial literasi keuangan dan faktor psikologi. Pendekatan kuantitatif dengan populasi dalam penelitian ini merupakan masyarakat di Kota Medan yang berinvestasi di reksadana di Bank Mandiri. jumlah sampel adalah sebanyak 97 masyarakat yang berinvestasi di Reksadana di Bank Mandiri dan menerapkan purposive sampling. Simpulan penelitian menghasilkan secara parsial reksadana memengaruhi keputusan Investasi reksadana pada masyarakat di kota Medan, secara parsial literasi keuangan memengaruhi keputusan Investasi reksadana pada masyarakat di kota Medan, secara parsial faktor psikologi memengaruhi keputusan Investasi reksadana pada masyarakat di kota Medan. Secara simultan reksadana, literasi keuangan dan faktor psikologi memengaruhi keputusan Investasi reksadana pada masyarakat di kota Medan.
Pengaruh Good Corporate Governance, Kepemilikan Manajerial, Kepemilikan Institusional Dan Struktur Modal Terhadap Penghindaran Pajak Pada Perusahaan Sub Sektor Property Dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Periode 2019–2023 Stepano Giuseppe Yonggi; Sheryn Sheryn; Evelyn Laurencia Collin; Herlin Munthe; Kiki Hardiansyah Siregar
Community Engagement and Emergence Journal (CEEJ) Vol. 7 No. 3 (2026): Community Engagement & Emergence Journal (CEEJ)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ceej.v7i3.10538

Abstract

Sektor properti dan real estat merupakan bagian signifikan dari perusahaan yang tercatat di Bursa Efek Indonesia (BEI). Sektor ini meliputi entitas bisnis yang bergerak dalam pembangunan, pengelolaan, dan pemasaran berbagai jenis properti, baik untuk hunian maupun komersial, seperti rumah tinggal, apartemen, gedung perkantoran, pusat perbelanjaan, hingga kawasan industri. Tujuan penelitian adalah untuk menganalisis dan mengetahui pengaruh good gorvenance corperate, kepemilikan manajerial, kepemilikan institutional dan struktur modal terhadap penghindaran pajak pada perusahaan sub sektor Property dan Real Estate yang terdaftar di Bursa Efek Indonesia Periode 2019-2023. Populasi dalam penelitian ini berjumlah 37 perusahaan dan sampel penelitian ini berjumlah 90. Hasil penelitian Dewan komisaris independen tidak memiliki pengaruh dan tidak signifikan terhadap penghindaran pajak. Kepemilikan manajerial tidak memiliki pengaruh dan signifikan terhadap penghindaran pajak. Kepemilikan institutional tidak memiliki pengaruh dan tidak signifikan terhadap penghindaran pajak. Struktur modal memiliki pengaruh positif dan signifikan terhadap penghindaran pajak. Dewan komisaris independen, kepemilikan manajerial, kepemilikan institutional dan struktur modal memiliki pengaruh positif dan signifikan terhadap penghindaran pajak.
Co-Authors . Mukhar Abda Abda Agnes Dwi Putri Sihombing Agnes Thandania Blessky Aldi Pratama Butar-butar Amellia, Ocha Anderson, Rich Andrew Angeline Angeline Armansyah Armansyah Bayu Wulandari Beatrix Patricia Lee Belinda Fernanda Butar Butar, Ribka Sari Chaniago, Sabaruddin Charina Sembiring, Jessy Cici Handayani Collin, Evelyn Laurencia Cyntia Lee Darwin Lie Dianty Putri Purba Efendi Napitupulu Elsa Putri Napitupulu Erni Yanti Natalia Eugenio Eugenio Evelyn Laurencia Collin Fajriah, Natasya Fannycia Fannycia Fannycia, Fannycia Feby Yoana Siregar Fermin Sri Kasih Lahagu Ficki Kristian Manurung Fidetri Kristian Waruwu Firdaus Hutahaean, Thomas Florence Manalu Flourencia Anggelinata Galumbang Hutagalung Gilbert, Gilbert Gabariel Tampubolon Ginting, Emiya Putri Febrisia Br Ginting, Hemima Franika Br Ginting, Kristi Endah Ndilosa Ginting, Yara Ainy Br Guliva Salsabila Hemima Franika Br Ginting Hotma Ria Br Regar Inggrid prettysia Ira Caroline Panjaitan Ivana Ivana Rebecca Aprilia S. Depari Jessi Charina Sembiring Jhon Lismart Benget. P. Joey Wijaya Tambunan Jojor Silalahi Jufri, Jufri Ardianta Ginting S Khairatun Nazah Khasrad . Khasrad, Khasrad Kiki Goslim Kiki Hardiansyah Siregar Kiki Hardiansyah Siregar Kiki Hardiansyah Siregar Lahagu, Fermin Sri Kasih Maduma Sari Sagala Marbun, Novita Royana Maryana Erlic Matondang Elsa Siburian Maya Sabirina Panggabean Maya Sabirina Panggabean Maya Sabirina Penggabean Melfrianti Romauli Merry Rusida Merry Rusida S Merry Rusida S Namira Ufrida Rahmi Napitupulu, Matthew Parluhutan Nasib Natasya Fajriah Nicholas Kodanta Nidya Banuari Novita Royana Marbun Nur Ari Sufiawan Paskah Pardede Purba, Dianty Putri Purba, Melfrianti Romauli Purba, Purnama Yanti Purnama Yanti Purba Purnama Yanti Purba Putri Purba, Dianty Putri, Putri Irma Wantika Manurung Rafida Khairani Richna Handriyani Richna Handriyani Rido Bancin Rifqah Harahap Rifqah Harahap rifqah, Rifqah Harahap Romy, Elly Rudiyanto Rudiyanto Rudiyanto Rusdimansyah Ryo Eru Nugraha Ginting Sabirina Panggabean, Maya Sahlan Tampubolon Sanju Imanuel Silaen Sari Butar Butar, Ribka Sertami, Sertami Oktavia Tarigan Sheryn Sheryn Sheryn, Sheryn Silkhe Hong Simorangkir, Else Rohayu Sinthya Maranatha hr Munthe Siregar, Kiki Hardiansyah Siswanto Siswanto Siti Junaida Hasibuan Stepano Giuseppe Yonggi Stephen Khutanto Syahlina, Maya Tambunan, Joey Wijaya Tantono, Eric Aditya Teng, Sauh Hwee Thomas Firdaus Hutahaean THOMAS FIRDAUS HUTAHAEAN Ufrida Rahmi, Namira Vilonika Br Napitupulu Waruwu, Fidetri Kristian Wenny Widiya Tahir Wulandari, Bayu Yanti Purba, Purnama Yara Ainy Br Ginting Yonggi, Stepano Giuseppe Yosi Aprilani Br Perangin Angin Zain, Jenny