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Pengaruh Keputusan Investasi terhadap Nilai Perusahaan dengan Kebijakan Dividen sebagai Variabel Intervening (Studi Kasus pada Perusahaan Pertambangan yang Tercatat di BEI Periode 2015-2018) Bambang Mahmudi; Enis Khaerunnisa
Sains: Jurnal Manajemen dan Bisnis Vol 12, No 2 (2020)
Publisher : FEB Universitas Sultan Ageng Tirtayasa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35448/jmb.v12i2.8453

Abstract

This research aims to test investment decisions affecting the value of the company by using the dividend policy as a intervening variable. In this study, the company's value was measured with the Price to Book Value (PBV), the investment decision measured by the Total Assets Growth (TAG), and the dividend policy was quantified by Divident Pay Out Ratio. Samples in this research are mining industry sector companies that distribute dividends listed on Indonesia Stock Exchange period 2015 – 2018. Sample determination method using purposive sampling. The methods of analysis used are classical assumption test, partial test (t test), path analysis, and Sobel test. Based on the results of the analysis data that (1) the investment decision (TAG) has a positive and insignificant effect on the company's value (PBV), (2) The investment decision (TAG) is negatively and insignificant in the dividend policy (DPR), (3) Dividend policy (DPR) affects negative and not significant to the company's value (PBV), (4) Dividend policy (DPR) is not able to distribute the influence of investment decision (TAG) on the company's value (PBV).
Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Return On Asset Sebagai Variabel Intervening (Pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia Periode 2012-2017) Ismawati Ismawati; Sriyanto Sriyanto; Enis Khaerunnisa; Bambang Mahmudi
Sains: Jurnal Manajemen dan Bisnis Vol 12, No 1 (2019): Desember
Publisher : FEB Universitas Sultan Ageng Tirtayasa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35448/jmb.v12i1.6543

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh Struktur Kepemilikan yang diproksikan dengan Kepemilikan Institusional terhadap nilai perusahaan yang diproksikan dengan Rasio Tobin’s Q dengan Return On asset sebagai variabel intervening. Populasi dalam penelitian ini adalah seluruh perusahaan sektor industri dasar dan kimia yang terdaftar di BEI periode 2012-2017. Sampel pada penelitian ini berjumlah 22 perusahaan, dengan menggunakan metode Purposive sampling. Teknik analisis data yang digunakan dalam penelitian ini adalah analisis regresi linier berganda. Hasil penelitian (1) institusional ownership memiliki pengaruh positif dan signifikan terhadap nilai perusahaan (Tobin’s Q). (2) institusional ownership memiliki pengaruh positif dan tidak signifikan terhadap return on asset. (3) return on asset memiliki pengaruh positif dan signifikan terhadap nilai perusahaan. (4) return on asset  tidak mampu memediasi pengaruh institusional ownership terhadap nilai perusahaan (Tobins Q).
Faktor-Faktor Yang Memperkuat dan Memperlemah Nilai Perusahaan Akhmadi Akhmadi; Bambang Mahmudi
Jurnal Riset Akuntansi Terpadu Vol 13, No 1 (2020): Jurnal Riset Akuntansi Terpadu
Publisher : FEB Universitas Sultan Ageng Tirtayasa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35448/jrat.v13i1.7726

Abstract

This study aims to build a research model to overcome the gap that occurs in the effect of dividend policy on firm value by including profitability as a moderating variable. The population of this research is 69 companies. While the sample is determined by 20 companies in the LQ-45 index, determined by purposive sampling technique, data analysis using descriptive statistics, regression moderating analysis, classic assumption test, partial test and moderation test. The results of the study prove that dividend policy has a significant direct relationship to the value of the company. Likewise, the profitability performance of companies in the LQ45 index has a significant directional relationship. Profitability performance in companies in the LQ45 index is not a variable that can provide a strong response either to the strengthening or weakening of dividend policy and corporate value.
PENGARUH PROFITABILITAS TERHADAP HARGA SAHAM DENGAN STRUKTUR MODAL SEBAGAI VARIABEL INTERVENING DAN PERTUMBUHAN PENJUALAN SEBAGAI VARIABEL ANTESEDEN: Studi Pada Perusahaan Yang Terdaftar Di IDX30 BEI Jesicha Junia Fredelia; Bambang Mahmudi; Emma Suryani
Jurnal Bina Bangsa Ekonomika Vol. 16 No. 1 (2023): Jurnal Bina Bangsa Ekonomika (JBBE)
Publisher : LP2M Universitas Bina Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46306/jbbe.v16i1.237

Abstract

This research aims to find out how profitability affects Saihaim's hair with capital structure as an intervening variable and sales growth as an independent variable. The research population includes IDX30 companies that are listed on the Indonesian Stock Exchange for the 2017-2021 year. The sample is taken from as many as 12 companies using the purposive sampling method. The data analysis technique used in this research uses jailural analysis, classical assumption tests and hypothesis testing. Data analysis in this research uses SPSS for windows version 26. The results of this research show that the growth of other sales has a positive and significant effect on Profitability of 2.255, Profitability has a positive and significant effect on Saihaim's hair gain of 3.821, Profitability is not as significant as 4 structural Modifiability has a significant positive effect on water , Capital Structure has no positive and significant impact on Hairgai Saihaim by -0.525 and Profitability has another direct effect on Hairgai Saihaim by 0.562 dain Capital Structure is not an intervening variable paid for companies that are listed in IDX30 BEI Year 2017-2021).
Pengaruh Profitabilitas dan Leverage terhadap Harga Saham dengan PBV sebagai Variabel Intervening Alvina Anggriani; Bambang Mahmudi
MDP Student Conference Vol 1 No 1 (2022): The 1st MDP Student Conference 2022
Publisher : Universitas Multi Data Palembang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (633.66 KB)

Abstract

Abstract: The purpose of this research is to analyze the effect of Profitability and Leverage on Stock Price mediated by Price to Book Value (Case Study on Food and Beverage Subsector Manufacturing Companies Listed on the Indonesia Stock Exchange for the 2009-2018 period. The research method used is a quantitative method. The sampling technique used is purposive sampling and the number of samples is 11 companies. The analytical method used is descriptive statistics, classical assumption test, hypothesis testing, path analysis and Sobel test which are tested through the SPSS program. The results showed that the Profitability and Leverage variables had a positive and significant effect on the Stock Price, while the Price to book value variable was not able to mediate the relationship between the Profitability and Leverage variables on the Stock Price. Abstrak: Kajian ini bertujuan guna menganalisis Profitabilitas dan Leverage yang memengaruhi Harga Saham yang dimediasi oleh Price to Book Value (Studi Kasus pada Perusahaan Manufaktur Subsektor Makanan dan Minuman yang Tercatat di Bursa Efek Indonesia berperiode 2009-2018. Metode penelitian yang digunakan adalah metode kuantitatif. Teknik sampling yang dipergunakan yaitu Purposive Sampling dan sampel sejumlah 11 perusahaan. Metode analisis yang dipergunakan ialah statistik deskriptif, uji asumsi klasik, pengujian hipotesis, analisis jalur dan pengujian sobel yang diuji melalui program SPSS. Hasil kajian memperlihatkan bila variabel Profitabilitas dan Leverage memengaruhi positif dan bermakn bagi Harga Saham, lalu variabel Price to book vlue tidak mampu memediasi hubungan antara variabel Profitabilitas dan Leverage bagi Harga Saham
Pengaruh Likuiditas dan Leverage terhadap Kebijakan Dividen dengan Profitabilitas sebagai Variabel Intervening Allimul Ghofar; Bambang Mahmudi
MDP Student Conference Vol 1 No 1 (2022): The 1st MDP Student Conference 2022
Publisher : Universitas Multi Data Palembang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (592.112 KB)

Abstract

Abstract: This study aims to determine the effect of Liquidity proxied by CR (Current Ratio) (X1) and also Leverage proxied by DER (Debt to Equity Ratio) (X2) on Dividend Policy proxied by DPR (Dividend Payout Ratio) (Y) and Profitability which is proxied by ROA (Return On Asset) (Z) as an intervention variable in Manufacturing companies listed on the Indonesia Stock Exchange for the 2013 – 2019 period. The populatiion used in this study were all manufacturing companies listed on the lndonesia Stock Exchange for the period 2013 – 2019. The sample of this study found 26 companies out of 124 total population using purposive sampling method. The method used in this research is descriptive research, Data analysis techniques in this study are classical assumption test analysis, multiple regression analysis with SPSS, hypothesis testing using t test, Mediation test with Sobel test. Abstrak: Penelitian ini bertujuan untuk mengetahui pengaruhhLikuiditas yang diproksikan dengan CR (Current Ratio) (X1) dan juga Leverage yang diproksikan DER (Debt to Equity Ratio) (X2) terhadap Kebijakan Dividen yang diproksikan dengan DPR (Dividen Payout Ratio) (Y) dan Profitabilitas yang diproksikan dengan ROA (Return On Asset) (Z) sebagai variabel interveninggpada perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Periode 2013 – 2019. Populasiyyang digunakan dalam penelitian ini adalah seluruh perusahaan Manufaktur yang terdaftar di Bursa Efek lndonesia periode 2013 – 2019. Sampel penelitiannini berjumlah 26 perusahaan dari 124 jumlah populasi dengan menggunakan metode purposive sampling. Metode yang digunakan dalam penelitian ini adalah penelitian deskriptif. Teknik analisis data dalam penelitian ini yaitu analisis uji asumsi klasik, analisis regresi berganda dengan SPSS, uji hipotesis menggunakan uji t, Uji Mediasi dengan uji sobel.
The Effect of Profitability on Dividend Policy With Liquidity as A Moderating Variable Fahri Fitriana; Bambang Mahmudi; Enis Khaerunnisa
Jurnal Riset Akuntansi Terpadu Vol 16, No 2 (2023)
Publisher : FEB Universitas Sultan Ageng Tirtayasa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35448/jrat.v16i2.22535

Abstract

This research aims to determine the effect of profitability, which is proxied by REturn On Asset, on dividend policy, which is proxied by the Dividend Payout Ratio, with liquidity, which is proxied by the Curent Ratio, as a moderating variable for companies included in the LQ 45 issuers listed on the BEI for the 2013 - 2022 period. The population used in this research is all companies included in the LQ 45 issuers listed on the BEI for the 2013 - 2022 period. The research sample consisted of 12 companies. The method used in this research is purposive sampling. The data analysis technique used in this research is Moderate Regression Analysis (MRA). The results of this research show that: (1) profitability as proxied by Rturn On Assets influences dividend policy as proxied by the Dividend Payout Ratio. (2) Liquidity as proxied by the Curent Ratio is able to moderate the influence of profitability on dividend policy.
The Evolution of FinTech and its Effects on Financial Decision Making: A Systematic Literature Review Bambang Mahmudi
Management Studies and Business Journal (PRODUCTIVITY) Vol. 1 No. 1 (2024): Management Studies and Business Journal (PRODUCTIVITY)
Publisher : Penelitian dan Pengembangan Ilmu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62207/fndptp12

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The development of FinTech technology has changed the financial landscape, having a significant impact on individual and corporate financial decision-making. Through a systematic literature review, this research investigates the evolution of FinTech and its effects on financial management behavior, product preferences, investment decisions, and consumer confidence. FinTech has improved accessibility, product innovation, data analysis, competition in the market, and security, while also raising challenges such as data security issues and the risk of bias in decision making. With a deeper understanding of this relationship, steps can be taken to maximize the benefits of FinTech while minimizing the risks.
Exploring the Landscape of Big Data Analytics in Financial Decision Making Bambang Mahmudi
Accounting Studies and Tax Journal (COUNT) Vol. 1 No. 2 (2024): Accounting Studies and Tax Journal
Publisher : Penelitian dan Pengembangan Ilmu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62207/7spd4813

Abstract

Big Data analysis has become an integral part of financial decision making in the modern corporate context. In an increasingly complex and competitive environment, a deep understanding of the factors that influence the success of Big Data analysis is critical. This research aims to investigate the role of variables such as data quality, data security, technology infrastructure, data analysis skills and expertise, leadership and organizational culture, regulations and compliance, and clear business objectives in corporate financial decision making. Using a literature analysis approach, we found that high data quality, strong data security, adequate technology infrastructure, high data analysis skills and expertise, supportive leadership, regulatory compliance, and clear business objectives each contribute positively to the effectiveness of Big Data analysis in supporting financial decision making. These findings highlight the importance of holistic integration of these factors in efforts to improve corporate financial decision-making processes.
Corporate Governance Mechanisms and Financial Performance: A Systematic Literature Review in Emerging Markets Bambang Mahmudi
Management Studies and Business Journal (PRODUCTIVITY) Vol. 1 No. 3 (2024): Management Studies and Business Journal (PRODUCTIVITY)
Publisher : Penelitian dan Pengembangan Ilmu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62207/gqtv4c76

Abstract

This research investigates the relationship between corporate governance mechanisms and financial performance in emerging markets. Through a systematic literature review approach, researchers analyze various studies that have been conducted to understand the role of board of directors composition, institutional ownership, and financial reporting transparency in influencing company performance. The findings show that a diverse board of directors composition, strong institutional ownership, and financial reporting transparency have a significant impact on a company's financial performance. Apart from that, the relationship between corporate governance and financial performance is also supported by various theories such as agency theory, stewardship and collective action. This research provides a better understanding of the importance of effective governance practices in achieving sustainable financial performance in emerging markets.