Garuda - Garba Rujukan Digital

Efek Moderasi Kebijakan Dividen terhadap Pengaruh Profitabilitas dan Leverage terhadap Nilai Perusahaan dengan Ukuran Perusahaan sebagai Variabel Kontrol: (Studi Kasus Pada Perusahaan yang Terdaftar Pada Sektor Infrastruktur di BEI Tahun 2014-2023) Salva Aulia; Fauji Sanusi; Ana Susi Mulyani
Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis Vol. 5 No. 3 (2025): November : Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jaemb.v5i3.7251

This study aims to analyze the effect of profitability (ROA) and leverage (DER) on firm value (PBV), and to examine the role of dividend policy (DPR) as a moderating variable. Firm size (SIZE) is also included as a control variable. The research objects are infrastructure sector companies listed on the Indonesia Stock Exchange (IDX) during the 2014–2023 period. The analytical methods used are multiple linear regression and moderated regression analysis (MRA). The results show that both ROA and DER have a significant positive effect on firm value. However, DPR does not moderate the relationship between ROA or DER and PBV, and SIZE as a control variable also has no significant effect. These findings indicate that firm value is more influenced by financial performance, such as profitability and leverage, rather than dividend policy or firm size.

Pengaruh Likuiditas terhadap Nilai Perusahaan dengan Profitabilitas Sebagai Variabel Intervening dan Kepemilikan Manajerial sebagai Variabel Moderasi: (Studi Empiris pada Perusahaan Sektor Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia Periode 2014 – 2023) Nurul Yasmin Fauziah; Fauji Sanusi; Ana Susi Mulyani
Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis Vol. 5 No. 3 (2025): November : Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jaemb.v5i3.7512

This study analyzes how profitability and managerial ownership moderate the effect of liquidity on firm value. Property and real estate companies listed on the Indonesia Stock Exchange (IDX) were studied from 2014 to 2023. Non-probability and purposive sampling were used for quantitative analysis. Seven out of 48 companies were selected based on criteria. The analysis was conducted with Eviews 12. This study found that (1) liquidity has a negative and significant effect on firm value, (2) liquidity has no and insignificant effect on profitability, (3) profitability has a positive and significant effect on firm value, (4) profitability cannot mediate the relationship, and (5) managerial ownership moderates the relationship.

The Mediating Role of Capital Structure in the Impact of Profitability and Liquidity on Firm Value Dwi Puji Astuti; Bambang Mahmudi; Ana Susi Mulyani
Indonesian Journal of Innovation Multidisipliner Research Vol. 2 No. 3 (2024): Juli - September
Publisher : Institute of Advanced Knowledge and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/ijim.v2i3.194

Companies in the property and real estate sectors play a significant role in the economic growth of a country because they are among the sectors that contribute the most to investment realisation in Indonesia. A company's worth is a key indicator of its performance for businesses in the real estate and property industries. The purpose of this study is to determine how profitability and liquidity affect a company's value by using capital structure as an intervening variable. The study will focus on real estate and property sector businesses that are listed on the Indonesian Stock Exchange between 2013 and 2022. Purposive sampling is used in the study, and a sample of 14 samples from 43 property and real estate businesses are used. In this study, the application of SPSS 25 is used as a data analysis tool that will be described with descriptive statistical methods and inferential statistics. The results of the research, obtained in part, show that profitability and capital structure have a significant positive impact on the value of the company. Liquidity has a significant negative impact on company value. Profitability and liquidity have significant negative effects on capital structure. Capital structure is unable to mediate the impact of profitability on the company's value but mediates the effect of profitability on firm value.

Peran Profitabilitas dan Solvabilitas dalam Memediasi Hubungan Antara Ukuran Perusahaan dengan Harga Saham Khairunnisa Mulyan Utami; Bambang Mahmudi; Ana Susi Mulyani
Indonesian Journal of Innovation Multidisipliner Research Vol. 2 No. 3 (2024): Juli - September
Publisher : Institute of Advanced Knowledge and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/ijim.v2i3.197

Salah satu kegiatan dalam teknologi keuangan adalah investasi di pasar saham. Harga saham pada sektor Consumer Cyclicals sangat fluktuatif dikarenakan sektor ini rentan terhadap perubahan ekonomi dan siklus bisnis. Salah satu faktor yang mempengaruhi harga saham ialah ukuran perusahaan. Hasil dari ukuran perusahaan justru mengalami tren kenaikan padahal harga sahamnya mengalami fluktuasi. Fenoemena ini bertentangan dengan Signaling Theory dimana seharusnya jika perusahaan memberi sinyal positif kepada calon investor maka harga saham dapat meningkat. Maka dari itu diperlukan variabel lain untuk memediasi ukuran perusahaan terhadap harga saham yaitu profitabilitas dan solvabilitas. Tujuan dari studi ini untuk mengetahui dampak dari Ukuran Perusahaan (X) terhadap Harga Saham (Y) melalui Profitabilitas yang diproksikan dengan Return On Equity (Z1) dan Solvabilitas yang diproksikan dengan Debt to Equity Ratio (DER) sebagai variabel mediasi pada Perusahaan Sektor Consumer Cyclicals yang terdaftar di Bursa Efek Indonesia Periode 2012 – 2022. Metode yang digunakan adalah purposive sampling 29 perusahaan yang menjadi sampel dari 69 total populasi. Uji asumsi klasik, analisis jalur, uji sobel, uji t, dan pengujian data dengan SPSS 20 merupakan teknik analisis data yang digunakan. Hasil pada studi ini menunjukkan bahwa ukuran perusahaan tidak berdampak dan tidak signifikan terhadap harga saham, ukuran perusahaan berdampak positif dan signifikan terhadap profitabilitas, ukuran perusahaan tidak berdampak dan tidak signifikan terhadap solvabilitas, profitabilitas berdampak positif dan signifikan terhadap harga saham, solvabilitas berdampak positif dan signifikan terhadap harga saham, profitabilitas mampu memediasi dampak ukuran perusahaan terhadap harga saham, dan solvabilitas tidak mampu memediasi dampak ukuran perusahaan terhadap harga saham.

The Effect of Teamwork and Work Dicipline on Employee Performance with Job Satisfaction as an Intervening Variable Muhammad Faqih Al-Aziz; Eloh Bahiroh; Ana Susi Mulyani
Indonesian Journal of Innovation Multidisipliner Research Vol. 3 No. 1 (2025): Januari - Maret
Publisher : Institute of Advanced Knowledge and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/ijim.v3i1.286

This research aims to determine the effect of teamwork and work discipline on employee performance with job satisfaction as an intervening variable at Regional Drinking Water Company Tirta Madani, Serang City. This research is a quantitative type of research using a saturated sample method with 50 predetermined respondents. This research uses descriptive statistical t-tests, outer models for measurement, and inner models for structural analysis, all within the SmartPLS 4.0 analysis tool. The results of this research show that: teamwork has a positive and significant effect on employee performance. Work discipline has a positive and significant effect on employee performance. Teamwork has a positive and significant effect on job satisfaction. Work discipline has a positive and significant effect on job satisfaction. Job satisfaction has a positive and significant effect on employee performance. Job satisfaction can mediate the relationship between teamwork and employee performance. Job satisfaction can mediate the relationship between work discipline and employee performance.

The Mediating Role of Capital Structure in the Impact of Profitability and Liquidity on Firm Value Dwi Puji Astuti; Bambang Mahmudi; Ana Susi Mulyani
Indonesian Journal of Innovation Multidisipliner Research Vol. 2 No. 3 (2024): Juli - September
Publisher : Institute of Advanced Knowledge and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/ijim.v2i3.194

Companies in the property and real estate sectors play a significant role in the economic growth of a country because they are among the sectors that contribute the most to investment realisation in Indonesia. A company's worth is a key indicator of its performance for businesses in the real estate and property industries. The purpose of this study is to determine how profitability and liquidity affect a company's value by using capital structure as an intervening variable. The study will focus on real estate and property sector businesses that are listed on the Indonesian Stock Exchange between 2013 and 2022. Purposive sampling is used in the study, and a sample of 14 samples from 43 property and real estate businesses are used. In this study, the application of SPSS 25 is used as a data analysis tool that will be described with descriptive statistical methods and inferential statistics. The results of the research, obtained in part, show that profitability and capital structure have a significant positive impact on the value of the company. Liquidity has a significant negative impact on company value. Profitability and liquidity have significant negative effects on capital structure. Capital structure is unable to mediate the impact of profitability on the company's value but mediates the effect of profitability on firm value.

Peran Profitabilitas dan Solvabilitas dalam Memediasi Hubungan Antara Ukuran Perusahaan dengan Harga Saham Khairunnisa Mulyan Utami; Bambang Mahmudi; Ana Susi Mulyani
Indonesian Journal of Innovation Multidisipliner Research Vol. 2 No. 3 (2024): Juli - September
Publisher : Institute of Advanced Knowledge and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/ijim.v2i3.197

Salah satu kegiatan dalam teknologi keuangan adalah investasi di pasar saham. Harga saham pada sektor Consumer Cyclicals sangat fluktuatif dikarenakan sektor ini rentan terhadap perubahan ekonomi dan siklus bisnis. Salah satu faktor yang mempengaruhi harga saham ialah ukuran perusahaan. Hasil dari ukuran perusahaan justru mengalami tren kenaikan padahal harga sahamnya mengalami fluktuasi. Fenoemena ini bertentangan dengan Signaling Theory dimana seharusnya jika perusahaan memberi sinyal positif kepada calon investor maka harga saham dapat meningkat. Maka dari itu diperlukan variabel lain untuk memediasi ukuran perusahaan terhadap harga saham yaitu profitabilitas dan solvabilitas. Tujuan dari studi ini untuk mengetahui dampak dari Ukuran Perusahaan (X) terhadap Harga Saham (Y) melalui Profitabilitas yang diproksikan dengan Return On Equity (Z1) dan Solvabilitas yang diproksikan dengan Debt to Equity Ratio (DER) sebagai variabel mediasi pada Perusahaan Sektor Consumer Cyclicals yang terdaftar di Bursa Efek Indonesia Periode 2012 – 2022. Metode yang digunakan adalah purposive sampling 29 perusahaan yang menjadi sampel dari 69 total populasi. Uji asumsi klasik, analisis jalur, uji sobel, uji t, dan pengujian data dengan SPSS 20 merupakan teknik analisis data yang digunakan. Hasil pada studi ini menunjukkan bahwa ukuran perusahaan tidak berdampak dan tidak signifikan terhadap harga saham, ukuran perusahaan berdampak positif dan signifikan terhadap profitabilitas, ukuran perusahaan tidak berdampak dan tidak signifikan terhadap solvabilitas, profitabilitas berdampak positif dan signifikan terhadap harga saham, solvabilitas berdampak positif dan signifikan terhadap harga saham, profitabilitas mampu memediasi dampak ukuran perusahaan terhadap harga saham, dan solvabilitas tidak mampu memediasi dampak ukuran perusahaan terhadap harga saham.

The Effect of Teamwork and Work Dicipline on Employee Performance with Job Satisfaction as an Intervening Variable Muhammad Faqih Al-Aziz; Eloh Bahiroh; Ana Susi Mulyani
Indonesian Journal of Innovation Multidisipliner Research Vol. 3 No. 1 (2025): Januari - Maret
Publisher : Institute of Advanced Knowledge and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69693/ijim.v3i1.286

This research aims to determine the effect of teamwork and work discipline on employee performance with job satisfaction as an intervening variable at Regional Drinking Water Company Tirta Madani, Serang City. This research is a quantitative type of research using a saturated sample method with 50 predetermined respondents. This research uses descriptive statistical t-tests, outer models for measurement, and inner models for structural analysis, all within the SmartPLS 4.0 analysis tool. The results of this research show that: teamwork has a positive and significant effect on employee performance. Work discipline has a positive and significant effect on employee performance. Teamwork has a positive and significant effect on job satisfaction. Work discipline has a positive and significant effect on job satisfaction. Job satisfaction has a positive and significant effect on employee performance. Job satisfaction can mediate the relationship between teamwork and employee performance. Job satisfaction can mediate the relationship between work discipline and employee performance.

Title

Found 18 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 18 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 18 Documents
Search