Garuda - Garba Rujukan Digital

p-Index From 2020 - 2025

5.187

P-Index

This Author published in this journals

All Journal Jurnal Kajian Manajemen Bisnis JBTI : Jurnal Bisnis : Teori dan Implementasi Jurnal Ilmiah Mahasiswa Ekonomi Manajemen Journal of Economic, Bussines and Accounting (COSTING) J-MAS (Jurnal Manajemen dan Sains) Owner : Riset dan Jurnal Akuntansi Ekonis : Jurnal Ekonomi dan Bisnis International Journal of Economics, Business and Accounting Research (IJEBAR) Jurnal Informatika Ekonomi Bisnis Enrichment : Journal of Management Cakrawala Repositori Imwi AMAR (Andalas Management Review) Journal of Social Research Indonesian Journal of Economics and Management Jurnal Manajemen Stratejik dan Simulasi Bisnis Journal of Applied Business and Technology Journal Publicuho e-Jurnal Apresiasi Ekonomi

Fajri Adrianto

Andalas University

Author-ID : 3011549

Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Languange, Linguistic, Communication & Media Social Sciences

Published : 40 Documents Claim Missing Document

Claim Missing Document

Articles

1 2 3 4

ANALYSIS OF THE EFFECT OF DIVIDEND PAYMENTS, GLOBAL FINANCIAL CRISIS, INTERNAL FINANCE, AND EXTERNAL FINANCE ON COMPANY SALES GROWTH IN INDONESIA Elita Permanawati; Masyhuri Hamidi; Fajri Adrianto
JBTI : Jurnal Bisnis : Teori dan Implementasi Vol 13, No 1 (2022): April 2022
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jbti.v13i1.14177

This study aims to determine the effect of dividend payments, the global financial crisis, internal finance, and external finance on the company's sales growth in Indonesia. There are several control variables such as size, leverage, profitability, and past growth assets. The reason for taking this research sample in Indonesia is because Indonesia is one of the developing countries whose economy is currently growing even though it is being hit by the Covid 19 pandemic. Investment is a good climate in Indonesia for sales growth. And also still few studies describe this research. The sample used is the consumer goods sector companies listed on the IDX for the 2016-2020 period as many as 21 companies selected using purposive sampling technique. This study uses panel data regression analysis and moderated regression analysis (MRA). The results showed that dividend payments influenced the company's sales growth. Meanwhile, the variables of the global financial crisis, internal finance and external finance had no effect on the company's sales growth. Then the variables of size, leverage, profitability, and past assets as control variables have no effect on the company's sales growth as control variables.

PENGARUH ANALISIS FUNDAMENTAL TERHADAP RETURN SAHAM, ANALISA KOMPARASI PERBANDINGAN BANK PADA BANK UMUM KEGIATAN USAHA (BUKU) 3-4 DAN BUKU 1-2 DI INDONESIA Ariza Viska Ramadhan,; Fajri Adrianto
Jurnal Ilmiah Mahasiswa Ekonomi Manajemen Vol 4, No 1 (2019): Februari
Publisher : Departemen Manajemen

This study aims to determine and analyze the effect of fundamental analysis on stock returns in Commercial Banks Business Activities (BOOK) 3 4 and BOOK 1 2 in Indonesia. This research is a causative study with quantitative methods. The sampling technique is done by purposive sampling method with a total sample of 18 BOOKS. This study uses panel data regression analysis with the standard program version 12.00. The results showed that return on equity (ROE), price book value (PBV), and capital adequacy ratio (CAR) had a significant effect on stock returns in BOOK 1 2, while in BOOK 3 4 the variables that significantly affected stock returns were earnings per share ( EPS).Keywords: Return On Assets (ROA), Return On Equity (ROE), Price Book Value (PBV), Price to Earning Ratio (PER), Earning Per Share (EPS), Devidend Per Share (DPS), Capital Adequacy Ratio ( CAR), and Stock Return

ABNORMAL RETURN MOMENTUM PADA SAHAM SYARIAH DI JAKARTA ISLAMIC INDEKS Nanda Nanda; Fajri Adrianto
Jurnal Ilmiah Mahasiswa Ekonomi Manajemen Vol 4, No 4 (2019): November
Publisher : Departemen Manajemen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jimen.v4i4.13011

The purpose of this paper are to examine and analyse abnormal returns of momentum portofolio on Islamic stocks listed on the Jakarta Islamic Index 30 (JII 30) for the period 2010-2018. The method used in this study is Jagedeesh and Titmant (1993). Winner portfolio is formed by buying stocks with the best return performance in the past and selling stocks with bad returns in the past. Whereas a loser portfolio is formed by buying shares of poor return performance in the past and selling stocks with good returns in the past. Formations and observations used 1,3,6 and 12 months. With portfolio weighting based on equal-weighted and value-weighted. Abnormal return of momentum portofolio when winner minus loser positive. Significant contours are determined by a one-sample t-test using SPSS 25. The study did not find any abnormal return on the Islamic stocks listed on JII 30 for the period 2010-2018. But investors can still use this strategy to increase investment returns on Islamic stocks. Because this strategy still provides positive abnormal returns

Pembuktian Return Momentum dan Kontarian pada Saham Syariah Nanda Nanda; Fajri Adrianto
AMAR (Andalas Management Review) Vol 4 No 1 (2020)
Publisher : Management Institute Faculty of Economics Universitas Andalas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25077/amar.4.1.18-39.2020

The purpose of this paper are to examine and analyse returns of momentum and contarian portofolio on Islamic stocks listed on the Jakarta Islamic Index 30 (JII 30) for the period 2010-2018. The method used in this study is Jagedeesh and Titmant (1993). Winner portfolio is formed by buying stocks with the best return performance in the past and selling stocks with bad returns in the past. Whereas a loser portfolio is formed by buying shares of poor return performance in the past and selling stocks with good returns in the past. Formations and observations used 1,3,6 and 12 months. With portfolio weighting based on equal-weighted and value-weighted. Return of momentum portofolio when winner minus loser positive. Return of contarian portofolio when loser minus winner positive. Significant contours are determined by a one-sample t-test using SPSS 25. The study did not find any return on the Islamic stocks listed on JII 30 for the period 2010-2018. But investors can still use this strategy to increase investment returns on Islamic stocks. Because this strategy still provides positive returns.

PENGARUH STRATEGI BISNIS DAN KARAKTERISTIK PERUSAHAAN TERHADAP KINERJA KEUANGAN BANK UMUM KELOMPOK USAHA (BUKU) PADA BANK UMUM KONVENSIONAL DI INDONESIA M. Adriansyah; Fajri Adrianto
Ekonis: Jurnal Ekonomi dan Bisnis Vol 23, No 1 (2021): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v23i1.2179

This study aims to determine and analyze the influence of business strategy and corporate characteristics on the financial performance of Commercial Bank Business Group (BUKU) in Conventional Commercial Banks in Indonesia. This research is exploratory research with quantitative method. The sampling technique was conducted by census method with all Bank BUKU 3 and Book 4 which amounted to 18 Banks. This study uses regression analysis of panel data with the help of SPSS program version 22.00. The results showed that efficiency in production and distribution have a negative and significant effect on financial performance, marketing cost and sales efficiency have negative and insignificant effect to company's financial performance. Intensity of asset has negative and insignificant effect to financial performance, firm size has positive and insignificant effect to the financial performance of the company, and the growth rate of DPK has a positive and insignificant effect on the financial performance of the company Commercial Bank Business Group (BUKU) in Conventional Commercial Banks in Indonesia. Keywords: Business Strategy, Company Characteristics, Financial Performance and Commercial Bank of Business Group (BUKU)

Sengketa Pajak dalam Perspektif Wajib Pajak (Studi Kasus Restitusi Pajak ADHI-IBG, KSO) Wellia Novita; Rida Rahim; Fajri Adrianto
Owner : Riset dan Jurnal Akuntansi Vol. 6 No. 3 (2022): Artikel Volume 6 Issue 3 Periode Juli 2022
Publisher : Politeknik Ganesha Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33395/owner.v6i3.950

Tax disputes are not as scary as most people imagine. Tax disputes are also not something that should be feared by taxpayers or other tax actors. This paper explains how a tax dispute is manifested as a difference of opinion. Differences of opinion in terms of interpreting or interpreting a tax provision and regulation. Differences in how to apply tax regulations to real business conditions occur. This tax dispute also occurred in ADHI-IBG, KSO. This research is a qualitative descriptive research. The data used in this study are SPHP data and response letters from taxpayers. From the analysis conducted, the researcher grouped the differences in views due to differences in understanding related to the enforcement of tax rules and differences in understanding of the accounting system used by companies and financial documents that became the elements that caused tax disputes to occur. This dispute has become more and more protracted and lengthy due to the inappropriate behavior of the tax examiner. The behavior raised by the tax auditor is that the tax auditor does not accept the arguments against the financial system used by the taxpayer and the rules in tax audit. The attitude of abuse of power possessed by the examiner also makes the examiner ignore and re-examine the explanation given by the taxpayer. The attitude that is also raised by the tax examiner is to refute the explanation of the taxpayer using mere assumptions, without clear data. In this condition, the taxpayer only fights for justice in the midst of the examiner's behavior that abuses power. A long process in fighting for justice must be passed. It is not a matter of material being accepted, but this is done so that similar incidents do not happen again in the future.

Dampak Struktur Kepemilikan, Proporsi Komisaris Independed, dan Komite Audit terhadap Earnings Management: Kualitas Audit sebagai Varabel Moderasi Orie Secunda Ayunitantry; Fajri Adrianto
Jurnal Manajemen Stratejik dan Simulasi Bisnis Vol 2 No 2 (2021): Jurnal Manajemen Stratejik dan Simulasi Bisnis
Publisher : Fakultas Ekonomi Universitas Andalas

This study aims to determine the effect of concentrated ownership structure, the proportion of independent commissioners and audit committees on earnings management with audit quality as a moderating variable in real estate and property sector companies listed on the IDX for the 2015-2019 period. Hypothesis testing is done by using panel data regression model fixed effect to a total of 110 observation data from 22 research samples. The results of hypothesis testing indicate that concentrated ownership and the proportion of independent commissioners doesn’t have a significant effect on earnings management, while the audit committee has a significant and negative effect on earnings management. The results also show that audit quality is able to moderate the negative effect of the audit committee on earnings management, meaning that the supervision of the Big 4 external auditors and the large number of audit committees will be able to improve the quality of financial reporting and reduce the company's earnings management actions.

The Effect of Oil Prices, Gold and Exchanges on JCI During the Covid-19 Sri Wahyuni Lubis; Mohamad Fany Alfarisi; Fajri Adrianto
Enrichment : Journal of Management Vol. 12 No. 1 (2021): November: Management Science
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (872.875 KB)

This study aims to determine the effect of changes in crude oil prices, gold prices, and exchange rates on the volatility of the Composite Stock Price Index (JCI) during the Covid-19 pandemic. Using quantitative methods with descriptive research typeswith composite stock price index (CSPI) data, crude oil price data (WTI), gold price data (London Gold) and data on the Rupiah exchange rate against the Dollar during the Covid-19 pandemic starting from 02 March 2020 to 25 March 2021 taken from Datastream at Eikon Faculty of Economics, Andalas University, Padang and obtained 275 samples. The results of the study using the Arch/Garch method found that there was no significant effect between the price of Crude Oil on the JCI, while for the price of Gold there was a significant positive effect on the JCI and for the exchange rate there was no significant effect on the JCI. The results of the ARIMA forecasting method until March 25, 2022 found that the JCI tends to increase, as seen from the second quarter of 2021 (beginning of forecasting) to the first quarter of 2022, the JCI continues to move up. Crude Oil Prices have decreased until the first quarter of March 2022, Gold prices tend to be stable with not too many significant changes. Meanwhile, the Rupiah Exchange Rate against the US Dollar experienced an appreciation, moving up until the end of the forecast in the first quarter of 2022.

Pengaruh Inovasi Layanan Electronic Banking, Fee Based Income dan Efektivitas Pengendalian Internal terhadap Nilai Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Miranda Nuraini; Tafdil Husni; Fajri Adrianto
J-MAS (Jurnal Manajemen dan Sains) Vol 7, No 2 (2022): Oktober
Publisher : Universitas Batanghari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/jmas.v7i2.650

The banking industry must also continue to innovate in the development of electronic banking products and services to keep up with the rapid development of information technology, which has an impact on people's habits and routines. To further reduce the need for customers to physically visit a bank branch, financial institutions must enhance their offerings to allow for the self-service acquisition of a wide range of banking services (including but not limited to account opening, account maintenance, account transfer, and account closure). The purpose of this research was to examine the impact of technological advancements in electronic banking services, fee-based income, and efficient internal control on the market value of IDX-listed banks in the sub-sector from 2016 to 2020. Sampled from the larger population of IDX-listed financial services firms over the years 2016-2020, this study focuses on the banking industry. The study's population consists of 44 IDX-listed financial services firms. There were a total of 185 observations made for this study. Descriptive research was used for this analysis. Intentional sampling. The study found that the probability value of the innovation of e-banking was 0.005. This is less than the 5% threshold (0.00500.05), so H1 is accepted. According to the results of the second hypothesis (H2) test, banking companies' stock prices rise when they bring in more money from service fees. The study found that a probability value of 0.003 at the FBI level was statistically significant. Compared to the 5% significance level of 0.0030.05, this value is less than the threshold for accepting hypothesis 2. The third hypothesis H3 tests the idea that the efficiency of internal control has a significant positive effect on the value of financial institutions. A probability value of 0.0057 0.05 was assigned to the efficiency of internal control based on the findings of the study. In other words, we accept H3 as true. The purpose of this research was to determine how the introduction of new forms of electronic banking, the growth of fee-based revenue, and the efficiency of internal control affect the market value of financial institutions.

Analisis Sentimen Investor terhadap kinerja saham syariah di Indonesia selama masa pandemi Covid-19 Rizki Fadhel; Fajri Adrianto; Mohamad Fany Alfarisi
Owner : Riset dan Jurnal Akuntansi Vol. 6 No. 4 (2022): Artikel Volume 6 Issue 4 Periode Oktober 2022
Publisher : Politeknik Ganesha Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33395/owner.v6i4.1183

The COVID-19 pandemic has become a concern regarding the severity of the pandemic and has an important role in investment decisions. Investment decisions are influenced by news (noise trader) circulating in the capital market. In this study, we analyze investor sentiment on the performance of Islamic stocks in Indonesia during the 2020-2022 Covid-19 pandemic. The independent variables in this study used Google Trend as a search for the number of words 'covid' and 'crisis, trading volume, and the Consumer Confidence Index. Meanwhile, stock returns are used as the dependent variable. The sampling technique was carried out by purposive sampling to obtain 20 companies that were used as research samples. The analytical technique used in this study is panel data regression, where the results obtained are sentiment based on google trends with the word 'covid' having a significant and positive effect, trading volume and CCI also have a significant effect on stock returns. However, the word 'crisis' has no significant effect on stock returns.

Co-Authors Abel Tasman Adiya, M. Hasmil Amelia Rahmadhani Putri Amrigan Ariza Viska Ramadhan, Bryan Trianda Ginting Cintya Salsabilla Dasatry Dwi Ramadona Dehan Ocdi Milando Deswita Murdiana Dimas Tristiyono Eka Satria Praja Elita Permanawati Faizah Maya Husna Fany Alfarisi Faradilla Suretno Filardi Rahmadani Fitria Sarah Harif Amali Rivai Hendra Lukito Lora Fitria Sari Lorenza Julia Ningri M. Adriansyah Masyhuri Hamidi, Masyhuri Mesy Ayusari Miranda Nuraini Mohamad Fany Alfarisi Muhammad Farras Aroes MUHARJA, FAJRI Nadya Fritanita Julyazti Nanda Nanda Nanda Nanda Olin Nofita Orie Secunda Ayunitantry Rahmat Eka Putra Ramadinda Risti Rida Rahim Rinda Fithriyana Rizki Fadhel Robby Hafanos Saputra, Syailendra Eka Sari Mardiani Sri Maryati Sri Wahyuni Lubis Subrini Syafrizal Syafrizal Syukri Lukman Tafdil Husni Wardah Awwalin Ikhsaniah Saldi Welliya Elfajri Willa Fatika Sari Yayi Suryo Prabandari Yolanda Eriyani

Title

Found 40 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 40 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 40 Documents
Search