Claim Missing Document
Check
Articles

P PENGARUH INFLASI, NILAI TUKAR, DAN SUKU BUNGA TERHADAP INDEKS HARGA SAHAM GABUNGAN Togatorop, Fibe Chatarina; Yovita, Lenni
Jurnal Ekonomi dan Bisnis (EK dan BI) Vol 7 No 2 (2024)
Publisher : Politeknik Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37600/ekbi.v7i2.1887

Abstract

The Jakarta Composite Index is a reflection of stock market performance in Indonesia. This research was conducted to find out the effect of inflation, exchange rates, and interest rates on the JCI. This study uses monthly time series secondary data for the period 2014-2023 taken from investing.com, IDX, BPS, and BI. The analysis used multiple linear regression with eviews 12 software. After the analysis, inflation, exchange rates, and interest rates simultaneously affect the JCI. Partially inflation and interest rates do not affect the movement of the JCI. While the exchange rate can affect the movement of the JCI. The results of this study indicate that investors do not pay attention to inflation and interest rates in making investment decisions. The depreciating rupiah exchange rate is a negative signal for investors.
FAKTOR DETERMINASI NILAI PERUSAHAAN DI SEKTOR OTOMOTIF DAN KOMPONENNYA Berliana, Chantika; Yovita, Lenni
Jurnal Revenue : Jurnal Ilmiah Akuntansi Vol. 5 No. 2 (2025): Jurnal Revenue : Jurnal Ilmiah Akuntansi
Publisher : LPPM Universitas Bina Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46306/rev.v5i2.803

Abstract

This research aims to examine the influence of financial performance and stock price on company value. Financial performance indicators consist of profitability and liquidity. In this research, a quantitative method was applied. Data collection was carried out by utilizing secondary data sourced from financial statements and company stock price data. This study analyzed 12 firms operating in automotive and components listed at Indonesia Stock Exchange (IDX), focusing on the seven year timeframe from 2017 to 2023. Samples were selected by applying purposive sampling technique to carefully select companies. This research uses multiple linear regression technique and utilizing IBM SPSS Statistics software. The result showed that the profitability (ROA) having a positive but non-significant influence on firm value (PBV). Liquidity (CR) and stock price have a positive and significant influence on firm value (PBV). From the research findings, it can be concluded that although profitability is an important aspect in the company, investors tend to consider other aspects such as liquidity and stock price when determining the company’s value.
Dinamika Kebijakan Dividen Perusahaan LQ-45 : Analisis Kinerja Keuangan Pringgendani, Gadistya; Samasta, Almira Santi; Subagyo, Herry; Yovita, Lenni
Jesya (Jurnal Ekonomi dan Ekonomi Syariah) Vol 8 No 1 (2025): Artikel Riset Januari 2025
Publisher : LPPM Sekolah Tinggi Ilmu Ekonomi Al-Washliyah Sibolga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36778/jesya.v8i1.1942

Abstract

Penelitian ini memiliki tujuan untuk mengetahui adanya dampak profitabilitas, likuiditas, tingkat pertumbuhan dan leverage pada kebijakan dividen di perusahaan yang terverifikasi di indeks LQ45 di Bursa Efek Indonesia tahun 2019-2023. Sampel yang digunakan dalam penelitian ini berjumlah 16 perusahaan dengan jumlah 80 data. Penelitian ini menggunakan alat analisis Eviews 12, dengan menerapkan metode Analisis Regresi data panel dengan Fixed Effect Model (FEM). Hasil dari studi ini mengungkapkan profitabilitas berpengaruh positif signifikan terhadap kebijakan dividen. Namun demikian, likuiditas dan tingkat pertumbuhan berpengaruh negatif signifikan terhadap kebijakan dividen. Sementara itu, leverage tidak berpengaruh signifikan terhadap kebijakan dividen.
Key Determinant Factors of Firm Value for Energy Sector Companies Marsella Dyah; Lenni Yovita; Herry Subagyo; Vicky Oktavia
International Journal of Economics, Management and Accounting Vol. 2 No. 2 (2025): International Journal of Economics, Management and Accounting
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/ijema.v2i2.584

Abstract

The aim of this research is to analyze the determinant factors of Firm Value in Energy Sector Companies listed on IDX 2020-2023. the variable selected in this study were profitability, capital structure and firm size as an independent variable, and Firm Value as a dependent variable. data collection techniques use the purposive sampling method. using secondary data obtained from financial reports on IDX from 2020-2023 with a total of 34 companies.  based on the result of the tests prove that profitability has positive significant effect on  Firm value, Capital Structure has A significant effect on Firm value, and Firm Size has a positive significance effect o Firm Value. By bridging these concepts, this research explores a deeper understanding of how profitability, capital structure, and company size can have a positive impact on company value.    The findings of this research have significant implications for financial management in determining the amount of company value by taking into account profitability, capital structure and company size in investment decisions.  
The Key Determination Factors of Profitability for Banking Sector Companies Anggita Arsyikirani; Lenni Yovita; Amalia Nur Chasanah; Vicky Oktavia
International Journal of Economics, Management and Accounting Vol. 2 No. 2 (2025): International Journal of Economics, Management and Accounting
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/ijema.v2i2.595

Abstract

This study aims to analyze the factors influencing the profitability of banking companies in Indonesia, using banking ratios as independent variables. The study identifies three main variables believed to significantly impact profitability, measured by Return on Assets (ROA). The banking sector in Indonesia has been through many changes over the years. The author intends to assess the factors influencing profitability using several banking ratios. Although all three variables of banking ratios does significantly influence the rate of ROA, two of them gave negative influence to the ROA. It suggests that profitability rate is something that tend to influenced by financial ratios either positive or negative. That profitabilities influenced by influenced by the financial activity itself. The study uses regression analysis to examine the relationship between these variables and profitability. These findings provide valuable insights for bank managers and regulators to understand the factors that should be considered in efforts to improve the financial performance of banks in Indonesia. In addition, the results of this study are expected to serve as a reference for policy decisions that support the stability and growth of the banking sector in the country
Enhancing Profitability in Retail Companies: An Analysis of Turnover, Sales Growth, and Capital Structure Setiawan, Bagas; Zaretta, Bara; Yovita, Lenni; Setyahuni, Suhita Whini
Finance : International Journal of Management Finance Vol. 2 No. 3 (2025): March
Publisher : Publikasi Inspirasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62017/finance.v2i3.72

Abstract

This research seeks to unveil the influence of cash turnover, inventory turnover, receivables turnover, sales growth, and capital structure on the profitability of retail trade sub-sector companies listed on the Indonesia Stock Exchange during the 2019-2023 period. The study was conducted to determine how retail operations generate profitability. The total sample of this study is 21 retail sub-sector companies through purposive sampling, with a 5-year observation period from 2019-2023. So, there are 105 sample financial performances used in this research. The analysis tool is E-views 12 with the panel data approach. Random Effect Model is selected because it meets the criteria for BLUE test panel data. Cash (CTO) and inventory turnover (ITO) are two variables that cannot meet the effect on profitability, meanwhile the receivable turnover (RTO), sales growth (SGR) and capital structure proxied by DER can affect profitability partially. The simultaneous testing shows that cash turnover, inventory turnover, receivables turnover, sales growth, and capital structure have a significant effect on profitability.
Linking ESG and EMA to Firm Value The Moderating Role of Green Innovation Adelia Rifa Sabila; Lenni Yovita; Vicky Oktavia; Suhita Whini Setyahuni
International Journal of Economics, Management and Accounting Vol. 2 No. 2 (2025): International Journal of Economics, Management and Accounting
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/ijema.v2i2.606

Abstract

This study investigates the impact of Environmental, Social, and Governance (ESG) and Environmental Management Accounting (EMA) on firm value, with Green Innovation (GI) as a moderating variable. The research is based on secondary data from manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023, analyzed using path analysis with a moderated regression approach in SPSS. The findings reveal that ESG has a significant but negative impact on firm value, suggesting that ESG investments may be perceived as cost burdens in the short term. Meanwhile, EMA does not have a significant effect on firm value, indicating that its role in firm valuation remains unclear. The moderating role of GI does not significantly strengthen the relationship between ESG and firm value, while the interaction between EMA and GI negatively affects firm value,implying that green innovation strategies may introduce additional financial burdens. These findings highlight the complexity of sustainability investments and emphasize the need for a balanced approach to ESG and EMA implementation to optimize long-term firm value. The study contributes to legitimacy and stakeholder theories by demonstrating how sustainability strategies can influence financial outcomes. It provides practical insights for businesses to develop more effective ESG disclosure and EMA implementation strategies that align with investor expectations and long-term firm sustainability
Factors Influencing Financial Distress : Evidence from Indonesia Consumer Cyclical Companies Melina Putri Rusmawati; Lenni Yovita; Vicky Oktavia; Suhita Whini Setyahuni
International Journal of Economics, Management and Accounting Vol. 2 No. 2 (2025): International Journal of Economics, Management and Accounting
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/ijema.v2i2.620

Abstract

This research investigates the key factors influencing companies registered on the Indonesia Stock Exchange (IDX) that is experiencing financial distress between the years 2021 to 2023. In this study, 353 data points were selected from the target population using purposive sampling. Three key financial ratios were utilized as indicators of financial distress: Profitability can be measured by Return on Assets (ROA), while the Current Ratio (CR) is used to measure liquidity. Meanwhile, The Logarithm of Natural to Total Assets (LnTA) is a metric for evaluating a company’s size. Multiple regression analysis is performed utilizing SmartPLS 4.0 software to analyze the connection between these factors and the probability of experiencing financial distress. The findings indicate a significant negative association between liquidity (CR) and company size (LnTA) with financial distress. In contrast, profitability (ROA) demonstrates an insignificant negative correlation with financial distress. This study contributes to the literature by providing a comprehensive analysis of the factors influencing financial distress in Indonesia consumer cyclical companies employs signaling theory to interpret the relationships discovered.
Kepercayaan Konsumen Di Era Digital : Analisis Pengaruh Review Online Dan Word Of Mouth Terhadap Pembelian Natasha Skincare Sari, Citra Aulia; Lenni Yovita, Amalia Nur Chasanah, Guruh Taufan Hariyadi,
YUME : Journal of Management Vol 8, No 1 (2025)
Publisher : Pascasarjana STIE Amkop Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/yum.v8i1.8424

Abstract

Semakin banyak perusahaan skincare, baik dalam maupun luar negeri, yang mendirikan usaha di Indonesia, mendorong pesatnya ekspansi industri ini. Skincare telah menjadi kebutuhan utama bagi pria maupun wanita. Perusahaan menjadi lebih kompetitif, termasuk pada Natasha Skincare sehingga menyebabkan penurunan penjualan dari tahun 2020 hingga 2024. Untuk itu, perusahaan perlu menerapkan strategi untuk keputusan pembelian yakni dengan strategi kualitas produk, harga, online customer review, serta word of mouth. 100 responden berpartisipasi dalam penelitian kuantitatif ini. Data dikumpulkan melalui google form, serta data fisik untuk memperkuat analisis. Analisis data dilakukan menggunakan IBM SPSS Statistic 26 dengan teknik analisis deskriptif, uji instrument, uji asumsi klasik, serta regresi linear berganda. Temuan studi menunjukkan bahwasanya kualitas produk, harga, online customer review, dan word of mouth positif dan signifikan memengaruhi keputusan pembelian. Penelitian ini menunjukan pentingnya peningkatan kualitas produk yang berkelanjutan bagi bisnis, menetapkan harga yang sesuai daya beli konsumen, mendorong review positif dari konsumen, serta menciptakan pengalaman konsumen yang memuaskan untuk memperkuat word of mouth. Hal ini agar bisa meningkatkan penjualan dan memperluas pasar Natasha Skincare.Kata Kunci: Kualitas Produk, Harga, Ulasan Pelanggan Online, Dari Mulut Ke Mulut
Analisis Keuntungan Investasi Bitcoin dengan IHSG Charis Masduki; Amalia Nur Chasanah; Lenni Yovita; Dian Prawitasari
Journal of Economics and Business UBS Vol. 12 No. 4 (2023): Special Issue
Publisher : UniSadhuGuna Business School

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52644/joeb.v12i4.493

Abstract

Tujuan dari penelitian ini adalah untuk membandingkan return investasi antara Bitcoin dengan Indeks Harga Saham Gabungan (IHSG) menggunakan periode waktu antara April 2013 sampai dengan Maret 2023 dengan rentang waktu 1 tahun, 5 tahun dan 10 tahun. Penelitian ini merupakan penelitian kuantitatif menggunakan metode komparatif. Data yang digunakan adalah data historis Harga Bitcoin dan harga IHSG. Analisis data menggunakan uji Mann-Whitney. Hasil dari penelitian ini menunjukkan bahwa investasi Bitcoin dengan IHSG dalam jangka waktu 1 tahun dan 5 tahun Tidak terdapat perbedaan pengembalian investasi antara Bitcoin dengan IHSG, sedangkan jangka waktu 10 tahun terdapat perbedaan pengembalian atau return investasi antara Bitcoin dengan IHSG.