Claim Missing Document
Check
Articles

Found 38 Documents
Search

PERAN PROFITABILITAS MEMEDIASI PENGARUH LEVERAGE DAN PERTUMBUHAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN Putu Astriwira Putri; Anak Agung Gede Suarjaya
E-Jurnal Manajemen Vol 13 No 6 (2024)
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJMUNUD.2024.v13.i06.p07

Abstract

Nilai perusahaan dapat dipengaruhi oleh faktor eksternal dan faktor internal. Faktor internal yang dapat memengaruhi yaitu leverage, pertumbuhan perusahaan dan profitabilitas. Tujuan dari penelitian ini untuk mengetahui pengaruh leverage dan pertumbuhan perusahaan terhadap nilai perusahaan dengan profitabilitas sebagai variabel mediasi. Penelitian ini merupakan penelitian asosiatif, dengan memilih perusahaan sektor industri barang konsumen primer di Bursa Efek Indonesia sebagai ruang lingkup penelitian. Jenis data dalam penelitian adalah data sekunder diperoleh dari www.idx.com. Metode penentuan sampel yang digunakan dalam penelitian menggunakan metode simple random sampling dengan rumus slovin dan didapatkan 70 perusahaan sektor industri barang konsumen primer periode 2020-2022. Teknik analisis yang digunakan dalam penelitian adalah analisis deskriptif dan analisis jalur. Berdasarkan hasil analisis ditemukan bahwa leverage berpengaruh positif dan signifikan terhadap nilai perusahaan. Pertumbuhan perusahaan berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan. Leverage berpengaruh positif dan signifikan terhadap profitabilitas. Pertumbuhan perusahaan berpengaruh negatif dan signifikan terhadap profitabilitas. Profitabilitas mampu memediasi pengaruh leverage terhadap nilai perusahaan dan pengaruh pertumbuhan perusahaan terhadap nilai perusahaan. Firm value can be influenced by external and internal factors. Internal factors can affect including leverage, company growth, and profitability. This study aims to determine the effect of leverage and firm growth on firm value with profitability as a mediating variable. This research is associative research by selecting companies in the consumer non-cyclical industry sector on the Indonesia Stock Exchange. The study's data type is secondary data obtained from www.idx.com. The sampling method used in the study used the simple random sampling method with the Slovin formula. Seventy companies acquired it in the consumer non-cyclical industry sector for 2020-2022. The analytical techniques used in research are descriptive analysis and path analysis. Based on the study's results found that leverage has a positive and significant effect on the firm's value. The firm's growth has a negative and insignificant impact on the firm's value. Leverage has a positive and significant effect on profitability. The growth of the firm negatively and significantly affects profitability. Profitability can mediate the effect of leverage on firm value, and profitability can mediate the effect of firm growth on firm value.
REAKSI PASAR MODAL AKIBAT PENGHAPUSAN KODE BROKER SAHAM SELAMA PERDAGANGAN Putu Bagus Andika Budiartha; Anak Agung Gede Suarjaya
E-Jurnal Manajemen Vol 13 No 8 (2024)
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJMUNUD.2024.v13.i08.p08

Abstract

Penghapusan kode broker saham selama perdagangan adalah kebijakan yang dikeluarkan oleh Bursa Efek Indonesia, tujuan dikeluarkan kebijakan ini adalah untuk mencegah praktik perilaku menggiring dan juga mendorong investor untuk melakukan analisis dalam berinvestasi di pasar modal. Penelitian ini merupakan studi peristiwa yang bertujuan untuk menguji secara empiris kandungan informasi terhadap pengumuman penghapusan kode broker saham selama perdagangaan. Penelitian ini menggunakan metode simple random sampling dengan teknik slovin. Penelitian ini dilakukan pada perusahaan yang masuk dalam Indeks KOMPAS100 dengan menggunakan teknik slovin mendapatkan jumlah sampel sebanyak 80 perusahaan. Hasil penelitian terhadap pengumuman penghapusan kode broker saham selama perdagangan menunjukan tidak adanya abnormal return yang signifikan, sehingga dapat disimpulkan bahwa kebijakan tersebut tidak memiliki kandungan informasi yang menyebabkan pasar bereaksi. The elimination of stock broker code during trading is a policy issued by the Indonesia Stock Market, the purpose of issuing this policy is to prevent the practice of herding behavior and also encourage investors to carry out analysis in investing in the capital market. This research is an empirical study that uses case studies to analyze the market reaction to the announcement of elimination of stock broker code during trading. This study uses a simple random sampling method with slovin technique. This research was conducted at companies included in the KOMPAS100 Index using the slovin technique to get a total sample of 80 companies. The results of the research on the announcement of the deletion of the stock broker code during trading showed that there were no significant abnormal returns, so it can be concluded that the policy does not contain information that causes the market to react.
REAKSI PASAR MODAL AKIBAT PENGUMUMAN KENAIKAN BANK INDONESIA 7-DAY REVERSE REPO RATE TANGGAL 17 NOVEMBER 2022 Putu Ayu Mita Gayatri; Anak Agung Gede Suarjaya; I Made Dana
E-Jurnal Manajemen Vol 13 No 2 (2024)
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJMUNUD.2024.v13.i02.p07

Abstract

Bank Indonesia melakukan penguatan kerangka operasi moneter dengan mengimplementasikan suku bunga kebijakan baru yaitu BI-7 Day Reverse Repo Rate (BI7DRR). Pada Rapat Dewan Gubernur (RDG) Bank Indonesia tanggal 16-17 November 2022, memutuskan untuk menaikkan BI7DRR sebesar 50 bps (basis point) menjadi 5,25 persen sebagai langkah dalam mengendalikan laju inflasi dan memperkuat kebijakan stabilisasi terhadap nilai tukar Rupiah. Penelitian ini merupakan studi peristiwa yang bertujuan untuk menguji secara empiris kandungan informasi terhadap pengumuman kenaikan Bank Indonesia 7-Day Reverse Repo Rate tanggal 17 November 2022. Populasi dalam penelitian ini adalah seluruh perusahaan yang termasuk dalam daftar perusahaan di Indeks Kompas 100. Penentuan ukuran sampel penelitian menggunakan teknik slovin sehingga didapatkan 80 perusahaan sampel dan pengambilan sampel menggunakan metode simple random sampling. Pengujian dilakukan terhadap abnormal return dengan menggunakan alat analisis one-sample t-test terhadap 80 perusahaan sampel Indeks Kompas 100. Hasil penelitian terhadap pengumuman kenaikan Bank Indonesia 7-Day Reverse Repo Rate tanggal 17 November 2022 menunjukkan abnormal return yang signifikan hanya terdapat pada t-3 dan t0, dan tidak signifikan pada t-2, t-1, t+1, t+2, t+3, sehingga dapat disimpulkan bahwa kebijakan tersebut terdapat kandungan informasi namun diserap dengan cepat oleh pelaku pasar, sehingga pasar dikatakan efisien dalam bentuk setengah kuat secara informasi. Bank Indonesia strengthened its monetary operating framework by implementing a new policy rate, the BI-7 Day Reverse Repo Rate (BI7DRR). At the Board of Governors Meeting (RDG) of Bank Indonesia on November 16-17, 2022, decided to raise the BI7DRR by 50 bps (basis points) to 5.25% as a step in controlling the inflation rate and strengthening the stabilization policy towards the Rupiah exchange rate. This research is an event study that aims to empirically test the information content of the announcement of the increase in the Bank Indonesia 7-Day Reverse Repo Rate on November 17, 2022. The population in this study are all companies included in the list of companies in the Kompas 100 Index. Determination of the research sample size using the slovin technique so as to obtain 80 sample companies and sampling using the simple random sampling method. Tests were conducted on abnormal returns using the one-sample t-test analysis on 80 sample companies in the Kompas 100 Index. The results of the research on the announcement of the increase in the Bank Indonesia 7-Day Reverse Repo Rate on November 17, 2022 show that significant abnormal returns are only found at t-3 and t0, and are not significant at t-2, t-1, t+1, t+2, t+3, so it can be concluded that the policy has information content but is absorbed quickly by market participants, so the market is said to be efficient in the semistrong form information.
Reaksi Pasar Modal Akibat Pengumuman Kasus Positif Pertama Virus Covid-19 Varian Omicron Di Indonesia Ni Kadek Sintya Dewi; Ni Putu Ayu Darmayanti; Anak Agung Gede Suarjaya
E-Jurnal Akuntansi Vol 33 No 10 (2023)
Publisher : Accounting Department, Economic and Business Faculty of Universitas Udayana in collaboration with the Association of Accounting Department of Indonesia, Bali Region

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJA.2023.v33.i10.p09

Abstract

The capital market reaction to an announcement or event containing information is an important thing for investors to pay attention to. Important information for investors to know for future decision making. This research aims to determine the capital market reaction caused by the announcement of the first positive case of the Omicron variant of the Covid-19 virus in Indonesia on December 16 2021. This research uses the event study method with a 7 day research period. The research sample was taken using the Slovin technique from 80 companies that are members of the Kompas100 Index. The hypothesis test used in this research is the One Sample T-test. The results of this research show that there is no market reaction as indicated by the insignificant abnormal returns obtained around the announcement event. The results of this research indicate that the capital market in Indonesia can take the form of an informationally efficient, semi-strong market. Keywords: Market Capital Reaction; Abnormal Return; Omicron Virus; Efficient Market Hypothesis; Signaling Theory
ANALISIS PERBANDINGAN PROFITABILITAS PERBANKAN SEBELUM DAN SESUDAH PENERAPAN MOBILE BANKING Ni Kadek Desi Anggarawati; Anak Agung Gede Suarjaya
E-Jurnal Manajemen Vol 12 No 12 (2023)
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJMUNUD.2023.v12.i12.p04

Abstract

Perkembangan teknologi yang semakin maju mampu meningkatkan kepuasan dalam menyederhanakan suatu aktivitas. Sektor perbankan pun tidak terlepas dari adanya kemajuan teknologi, perbankan harus bersaing untuk menyediakan layanan yang mudah, cepat, serta seluruh lapisan masyarakat dapat dijangkau. Pengenalan layanan mobile banking merupakan salah satu contoh inovasi teknologi mutakhir di sektor perbankan. Penerapan mobile banking diharapkan dapat meningkatkan profitabilitas perbankan. Studi ini dilakukan dengan tujuan untuk menganalisis perbedaan profitabilitas perbankan sebelum dan sesudah menerapkan mobile banking. Profitabilitas dalam penelitian ini ditinjau dari 3 (tiga) rasio yaitu Return On Assets (ROA), Return On Equity (ROE), dan Biaya Operasional terhadap Pendapatan Operasional (BOPO). Penelitian ini dilakukan dengan periode 2 (dua) tahun sebelum dan 2 (dua) tahun setelah penerapan mobile banking. Penelitian ini dilakukan pada perusahaan perbankan yang menerapkan mobile banking di Bursa Efek Indonesia (BEI). Metode sampling jenuh dipakai pada riset ini dengan jumlah sampel 20 perusahaan perbankan. Data dianalisis dengan statistik deskriptif serta statistik inferensial memakai Paired Sample T-Test. Penelitian ini memperoleh hasil bahwa mobile banking dapat meningkatkan rasio ROA dan ROE, serta mobile banking dapat menurunkan rasio BOPO, yang berarti terdapat peningkatan profitabilitas sesudah penerapan mobile banking. The development of increasingly advanced technology is able to increase satisfaction in simplifying an activity. The banking sector is also inseparable from technological advances, banks must compete to provide services that are easy, fast, and accessible to all levels of society. The introduction of mobile banking services is one example of the latest technological innovations in the banking sector. The application of mobile banking is expected to increase banking profitability. This study was conducted with the aim of analyzing the differences in banking profitability before and after implementing mobile banking. Profitability in this study is reviewed from 3 (three) ratios, namely Return On Assets (ROA), Return On Equity (ROE), and Operational Costs to Operating Income (BOPO). This research was conducted with a period of 2 (two) years before and 2 (two) years after the implementation of mobile banking. This research was conducted at banking companies that implement mobile banking on the Indonesia Stock Exchange (IDX). The saturated sampling method was used in this research with a total sample of 20 banking companies. Data were analyzed with descriptive statistics and inferential statistics using the Paired Sample T-Test. This study obtained the results that mobile banking can increase the ratio of ROA and ROE, and mobile banking can reduce the BOPO ratio, which means there is an increase in profitability after implementing mobile banking.
Digital Marketing Transformation: Opportunities and Obstacles for Bali's Small and Medium Industries I Gusti Agung Ketut Gede Suasana; Anak Agung Gede Suarjaya; Ketut Juliartini
Jurnal Manajemen Vol. 29 No. 2 (2025): June 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jm.v29i2.2096

Abstract

Small and medium-sized industries (SMIs) typically have difficulty adapting technology to digital marketing changes due to limited resources. The study explains the ability of SMI to transform marketing into digital business processes. The study is quantitative, and the data was analysed with SmartPLS using a sample of 180 SMI entrepreneurs in Bali. It has been found that internal and external factors significantly influence digitisation, and digitalisation significantly influences changes in digital marketing. Internal factors are the best predictors of digitisation and are the basis of digitalisation and digital marketing transformation. Average online sales for SMI devices are higher than usual. SMI entrepreneurs are advised to adopt strategies that increase the capacity of their internal resources to embrace the evolution of digital technology because internal resources are the leading force in adopting digital technology to transform marketing activities.
Pengaruh Profitabilitas terhadap Harga Saham Perusahaan Keuangan di Bursa Efek Indonesia I Made Pranata Artha Mulya; Anak Agung Gede Suarjaya
Journal Of Business, Finance, and Economics (JBFE) Vol 5 No 1 (2024): Journal Of Business, Finance, and Economics (JBFE)
Publisher : Universitas Veteran Bangun Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32585/jbfe.v5i1.5121

Abstract

Share prices reflect company performance, investors need to pay attention to elements that can influence share prices, one of which is profitability. Profitability is an important indicator for companies, especially in the capital market. Profitability is proxied by Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). This research aims to analyze the influence of profitability on the share prices of financial companies on the Indonesian Stock Exchange. The population of financial companies is 53 consisting of the Main Board and Development Board respectively 37 and 16 companies. The sample was selected using the Proportionate Stratified Random Sampling method, the results were 47 companies, consisting of the Main Board and Development Board respectively 33 and 14 companies. Data was collected from company annual financial reports and stock prices from 2020-2022. Data analysis was carried out using the Multiple Linear Regression Analysis technique. The research results show that Return on Assets (ROA), Return on Equity (ROE) and Net Profit Margin (NPM) have a positive and significant effect on the share prices of financial companies on the Indonesian Stock Exchange. The implication of this research is to provide additional information about the ability of the variables Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM) to share prices and considerations for investors and related parties who will make decisions.
The Role of Organizational Commitment as a Mediator of the Influence of Situational Leadership on the Turnover Intention of Student Cooperative Members at Udayana University Suasana, I Gst. A. Kt. Gd.; Anak Agung Gede Suarjaya; Ketut Juliartini; Ida Ayu Putri Laksmidewi Purba
Amkop Management Accounting Review (AMAR) Vol. 5 No. 2 (2025): July - December
Publisher : Sekolah Tinggi Ilmu Ekonomi Amkop Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/amar.v5i2.3116

Abstract

Empirical data shows that the participation of students interested in becoming administrators or members of Kopma Unud is still very low. So, higher education which is expected to play a role in fostering learning through the Student Activity Unit (UKM) Kopma Unud organization has not been maximized. The objectives of the study are: a) To explain the influence of organizational commitment on the turnover intention of student cooperative members at Udayana University. b) To explain the influence of organizational commitment on the situational leadership of student cooperative members at Udayana University. c) To explain the influence of situational leadership on the turnover intention of student cooperative members at Udayana University. d) To explain the role of situational leadership as a mediator of the influence of organizational commitment on the turnover intention of student cooperative members at Udayana University. The research respondents were all Unud students who had been and or were currently members of Kopma, with a population of 117 The research sample was saturated, so the sample size was the same as the number of population members. The research data were analyzed using the SmartPLS application.The results of the study illustrate; situational leadership is not significant on turnover intention, situational leadership has a significant effect on organizational commitment, and organizational commitment has a significant effect on turnover intention with a relatively large impact. Other results found that organizational commitment acts as a full mediation of the influence of situational leadership on turnover intention.