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Journal : Business and Entrepreneurial Review

Effect Of Bank And Macro Economic Performance On Bank Capital Supporters In Indonesia Putra Indra; Abraham Prima; Farah Margaretha Leon
Business and Entrepreneurial Review Vol. 19 No. 2 (2019): OCTOBER 2019
Publisher : Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1107.109 KB) | DOI: 10.25105/ber.v19i2.5702

Abstract

This study was conducted to examine the effect of bank performance and macroeconomics on capital buffer in banks listed on the Indonesia stock exchange in the 2014-2018 period. There are 26 banks that become the sample of this study after purposive sampling. The capital buffer used is the difference between the Capital Adequate Ratio and the minimum capital determined by the regulator. While the independent variables used consist of bank performance, namely Return on Equity, Bank Size, Liquidity, Non-Performing Loans, Net Profit, Loan Growth and Total Loans over Total Assets. Macroeconomic variables also become a factor that is analyzed on the effect of bank capital buffer. By using the Generalized Method of Moment (GMM) regression model, it can be seen that the bank's performance variables measured through Return on Equity, Liquidity, Net Profit and Total Loan over Total Assets have a significant effect on banking capital buffer in Indonesia. Whereas macroeconomic variables measured through GDP do not have a significant effect on banking capital buffer in Indonesia.
The Influence of Demographics Factor on Pension Planning and Financial Literacy of Private Employee Maria Rycca P. Sembiring; Farah Margaretha Leon
Business and Entrepreneurial Review Vol. 21 No. 1 (2021): APRIL 2021
Publisher : Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (945.879 KB) | DOI: 10.25105/ber.v21i1.9230

Abstract

The purpose of this research is to analyze the relationships of demographics factors to pension planning and financial literacy. The research methodology used in this research is the quantitative method. The sample in this research is private employees that are determined by using sampling probability. The data analysis method in this research is a correlation test that used the Chi-Square approach. The result and contribution in this research is there any correlation between demographics factor and pension planning. From the demographics factor in this research can be seen that education factor, marriage status, and income have its significant relationship with pension planning. On the other hand, gender factor and age have no relationship to pension planning. From demographics factor in this research concluded that age, education level, marital status, and income has a significant relationship to financial literacy. Whereas, gender factor has no relationship to financial literacy.
Factors Affecting Capital Structure of Small-Medium Enterprises Listed in Indonesia Stock Exchange Uun Fukuludin; Farah Margaretha Leon; Yosephina Endang Purba
Business and Entrepreneurial Review Vol. 21 No. 2 (2021): OCTOBER 2021
Publisher : Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1169.713 KB) | DOI: 10.25105/ber.v21i2.10355

Abstract

This study aims to analyze the factors that influence the capital structure of SMEs, by examining the effect of the independent variables of profitability, growth of opportunity, collateral, corporate tax, tax shield, non-debt tax shield, liquidity, earnings volatility, and cash flow volatility; to the capital structure of SMEs as the dependent variable. As for anticipation of bias, the study uses size, company age, GDP, interest rates, inflation, and market capitalization as control variables.  The data used in this study is a combination of cross-sectional and time-series, which is called panel data. The number of samples in this study was 53 SMEs listed on the Indonesia Stock Exchange during 2016-2020. The result of this study shows that profitability has a significant negative effect on DAR, but has no effect on DER. Growth of total assets has no effect on DAR and DER, growth of tangible assets has no effect on DAR and DER, and growth of market value has a significant positive effect on DAR, but has no effect on DER. Collateral harms DAR and DER. Corporate tax does not affect DAR but has a significant negative effect on DER. Tax shield has a significant negative effect on DAR and DER. Non-debt tax shield does not affect DAR but has a significant negative effect on DER. Liquidity has a significant negative effect on DAR and DER. Earnings volatility has a significant positive effect on DAR and DER. Cash flow volatility does not affect DAR and DER. Company size has a significant positive effect on DAR and DER.  Company age has a significant positive effect on DAR but has a significant negative effect on DER, gross domestic product (GDP) has a significant positive effect on DAR and DER, loan interest rates do not affect DAR, but harm DER. Inflation has no effect on DAR but harms DER, and market capitalization has a significant negative effect on DAR and DER. This study implies that for investors, it is necessary to conduct a thorough assessment of financial performance and the factors that influence the capital structure before deciding to invest. A high capital structure can reduce potential profits and increase the risk of default. Thus, investors need to pay attention to the factors that have a negative and significant effect with a large level of influence on the capital structure, because if these factors increase, the capital structure will decrease. This will create efficient and effective use of capital and avoid the high cost of equity or cost of debt so that it can be utilized optimally to provide maximum benefits for SMEs and investors