Garuda - Garba Rujukan Digital

p-Index From 2020 - 2025

9.39

P-Index

This Author published in this journals

All Journal Jurnal Ilmiah Admnistrasi Niaga Jurnal Ekonomi & Bisnis PNJ (JEKBIS PNJ) Jurnal Manajemen Bisnis Jurnal Keuangan dan Perbankan Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics) EKSPANSI Jurnal Riset Akuntansi dan Keuangan International Journal of Islamic Economics and Finance (IJIEF) Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan NISBAH: JURNAL PERBANKAN SYARIAH Jurnal Riset dan Aplikasi: Akuntansi dan Manajemen JRA: Jurnal Riset Akuntansi International Journal of Applied Business Research Jurnal Tabarru': Islamic Banking and Finance EKUITAS (Jurnal Ekonomi dan Keuangan) Performance Jemasi Jurnal Ekonomi Manajemen dan Akuntansi Amwaluna Jurnal Ekonomi dan Keuangan Syariah Jurnal Riset Terapan Akuntansi Jurnal Difusi Indonesian Journal of Economics and Management Jurnal Pengabdian Masyarakat Bestari (JPMB) Journal of Applied Islamic Economics and Finance Journal of Islamic Economics and Business Journal of Accounting Research, Organization and Economics (JAROE) Jurnal Riset dan Aplikasi: Akuntansi dan Manajemen

Mochamad Umar Mai

Jurusan Akuntansi, Politeknik Negeri Bandung

Author-ID : 312579

Religion Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Industrial & Manufacturing Engineering Social Sciences Other

Published : 93 Documents Claim Missing Document

Claim Missing Document

Articles

1 2 3 4 5

CORPORATE GOVERNANCE DAN INTERDEPENDENSI ANTARA LEVERAGE, PROFITABILITAS SERTA KEBIJAKAN DIVIDEN DALAM MENCAPAI NILAI PERUSAHAAN Muhamad Umar Mai
Jurnal Keuangan dan Perbankan Vol 19, No 2 (2015): May 2015
Publisher : University of Merdeka Malang

This research aimed to find out and to analyze the role of corporate governance mechanism in utilizing theinterdependence among funding decisions, financial performance, and dividend policy in an attempt to increasethe value of the company. The study was conducted at the manufacturing companies listed in Indonesia StockExchange, with the observation in the period of 2000-2012. A pooled data with a total of 290 companies wereanalyzed using path analysis. This study proved that the escalation in the value of the company was mainlyinfluenced by the companys ability to increase the profitability and dividend payments. Institutional ownershipand board size as a proxy of corporate governance mechanism played a crucial part to encourage companiesto enhance its return on equity, while the independent board persuaded the companies to amplify itsdividend payments. The Board size showed a strong role in inspiring companies to improve its profitability,and it had a positive effect on firm value.

Bankruptcy Model Analysis: Comparative Studies Between Sharia and Non Sharia Manufacturing Companies Ruhadi Ruhadi; Muhammad Umar Mai
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah Vol 9, No 2: July 2017
Publisher : Faculty of Shariah and Law, UIN Syarif Hidayatullah Jakarta

This study aims to find out three important things: first is based on the analysis of three bankruptcy models that Altman, Springate and Zmijewsky, which is the most accurate in predicting the potential bankruptcy of sharia and non sharia, secondly based on the most accurate model, whether sharia companies have a potential bankruptcy smaller than non_sharia. The third is to identify what is the most influential factors to the potential bankcruptcy for both sharia and non sharia companies. Trought the number of 458 unit observations of manufacturing companies and studies performed using Mean Square Error (MSE) and analysis of variance, it was found that the most accurate model in predicting potential bankruptcy is Altman Z_score. Based on this model could be found, statistically significant that a group of sharia has a potential bankruptcy smaller than the non_sharia. Based on the third question, could be found that good corporate governance have positive and significant effect to potential bankcruptcy for the sharia companies, while the rate exchange of rupiah to US dollar has negative and significant effect to ones. Other finding that the only institutional ownwership factor that have positif and significant effect to the potential bankcruptcy of the non sharia companies.DOI: 10.15408/aiq.v9i2.4466

The Determinants of Capital Structure: A Comparative Study between Sharia and Non-Sharia Manufacturing Companies in Indonesia Stock Exchange (IDX) Imam Akbar Ilham Arif; Muhammad Umar Mai
Jurnal Internasional Penelitian Bisnis Terapan Vol 2 No 01 (2020)
Publisher : Politeknik Negeri Bandung

Every company has a long-term goal to maximize the value of the company, which also means to maximize the prosperity of its shareholders. One of the ways to achieve this goal is to determine the optimal capital structure. The optimal capital structure allows the company to bear the low average cost of the capital. Therefore, the decision of capital structure is one of the most important decisions.Go public manufacturing companies in Indonesia Stock Exchange are divided into two groups; the sharia and non-sharia companies. Sharia companies, including the sharia manufacturing ones, have specific rule in the use of funds as the company capital. The rule states that the maximum use of usury-based debt is by 45%. At the same time, the theories about capital structure and research results support the use of debt as the main source of funds. This study used data obtained from the Indonesian Capital Market Directory and Summary of Company Performance for the period of 2011-2017. They were analyzed by using panel data for multiple regression analysis and difference tests. The results show significant differences between sharia and non-sharia manufacturing companies with a probability of 0,000. Moreover, almost all determinant factors such as Size, Tangibility, Profitability, and Gross Domestic Product have significant effects on Book Leverage as an indicator of Capital Structure for both groups of companies.

Board Characteristics and Islamic Bank Performance: The Role of Size as the Moderating Variable - Evidence from Indonesia Muhamad Umar Mai
Jurnal Internasional Penelitian Bisnis Terapan Vol 3 No 01 (2021)
Publisher : Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35313/ijabr.v3i1.123

This study examines the influence of board characteristics on bank performance with bank size as the moderating variable. The study was performed on Islamic Commercial Bank (BUS, Bank Umum Syariah) in Indonesia for the period of 2010-2019. The samples were 127 BUS-year observations. They were analyzed by applying ordinary least square method and processed with Warp-PLS application. Board characteristics are served as proxy variables with board of directors size, board of directors meetings, and female board of directors while bank performance is served as proxy with Return On Asset. The result conveys that female directors in the board and board of directors meeting have positive and significant influence on Return On Asset. On the other hand, board of directors size shows an insignificant influence. The results also show that size moderates negatively the effect of board of directors as well as board of directors meeting on Return on Asset. However, it is insignificant in moderating the influence of female directors in the board over Return On Asset.

The Financial Performance of Regional Government on Capital Expenditure Jouzar Farouq Ishak; Sudradjat Sudradjat; Muhammad Umar Mai
JURNAL RISET TERAPAN AKUNTANSI Vol. 5 No. 1 (2021): JURNAL RISET TERAPAN AKUNTANSI
Publisher : JURNAL RISET TERAPAN AKUNTANSI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.4724224

This study aims to examine the impact the financial performance of regional government on capital expenditure allocation of Central Java Province. To meet such aim, we carried out a census techniques by taking all populations as a sample. The results suggest that there is one determinant of capital expenditure allocation, namely the degree of fiscal decentralization. This factor can be a solution to the problems of this study, namely the sub optimal allocation of capital expenditure. The locally-generated revenue contributes greatly to the total amount of revenue that can be generated by the region, reflect the greater ability of the region to implement decentralization activities that will eventually impact the allocation of capital expenditure. These findings provide a better understanding for government empirical evidence about the degree of decentralization, financial effectiveness, financial efficiency, and financial independence of the allocation of capital expenditure.

Prediksi Kebangkrutan pada Bank BUMN dengan Menggunakan Metode Altman Z-Score Modifikasi Periode 2019 Nita Kurniasih; Muhamad Umar Mai; Rani Putri Kusuma Dewi
Indonesian Journal of Economics and Management Vol 1 No 1 (2020): Indonesian Journal of Economics and Management (November 2020)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

The purpose of this research is to predict the possibility of bankruptcy occur in company. The sample in this research used four state-owned banks, namely Bank BRI, Bank BNI, Bank Mandiri dan Bank BTN. The research method used is descriptive analysis techniques and tool used in predicting bankcruptcy is by using model Altman Z-Score modification. The research period used is the period 2019 with secondary data obtained from the annual financial report of state-owned bank. The result of this research conclude that all of four state-owned banks are in the grey area for the 2019 period because the value of the Z-Score obtained is between 1,10 and 2,90.

Pengaruh Debt to Asset Ratio dan Debt to Equity Ratio terhadap Return on Equity pada Perusahaan Properti dan Real Estate Yunita Rizka Septiyani; Kristianingsih Kristianingsih; Muhamad Umar Mai
Indonesian Journal of Economics and Management Vol 1 No 1 (2020): Indonesian Journal of Economics and Management (November 2020)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

The purpose of this research is to determine the Effect of Debt to Asset Ratio (DAR) and Debt to Equity Ratio (DER) to Return On Equity (ROE) of property and real estate companies listed in IDX for 2013-2017 both simultaneously and partially. The used research methods are descriptive and quantitative approaches, with secondary data using IBM SPSS Statistics 23 application tool. There are 40 sample data choosen by purposive sampling. Based on the results of the F test simultaneously Debt to Asset Ratio (DAR) and Debt to Equity Ratio (DER) have a significant effect on Return On Equity (ROE). Based on hypothetical testing, the t test bring the result that debt to asset ratio (DAR) has an insignificant effect on return on equity (ROE) variables and Debt to Equity Ratio (DER) has a significant effect on Return on Equity (ROE) variables on property and real estate companies listed in IDX.

Pengaruh LDR, BOPO, dan NPL terhadap ROA pada BUSN Devisa Terdaftar di BEI Periode 2014-2018 Yeni Siti Halimatus Sadi’yah; Muhamad Umar Mai; Rosma Pakpahan
Indonesian Journal of Economics and Management Vol 1 No 2 (2021): Indonesian Journal of Economics and Management (March 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

This research aims to analyse the influence of Loan To Deposit Ratio, Operational Efficiency Ratio and Non Performing Loan to Return On Asset at national private Bank of foreign exchange listed on Indonesia Stock Exchange period 2014-2018. The population of this research is the national private Bank of foreign exchange listed on the Indonesia Stock Exchange period 2014-2018, a research sample of 23 bank companies using the purposive sampling method. The analysis used to determine the influence of Loan To Deposit Ratio (LDR), Operational Efficiency Ratio (OER) and Non Performing Loan (NPL) to Return On Asset (ROA) is a descriptive and quantitative analysis with using the help of software Eviews 10. The results indicate that simultaneously LDR, OER, and NPL variables have significant effect on ROA. The LDR has a significant and positive impact on ROA, OER and NPL have significantly negative and significant impact on ROA

Prediksi Kebangkrutan Altman Z-Score Modifikasi Komparasi Perusahaan Terbesar dan Terkecil Sub Sektor Tekstil dan Garmen di BEI Widi Julianti; Muhammad Umar Mai; Ade Ali Nurdin
Indonesian Journal of Economics and Management Vol 1 No 3 (2021): Indonesian Journal of Economics and Management (July 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

This study aims to find out how the comparison of bankruptcy predictions at PT Argo Pantes Tbk & PT Sri Rejeki Isman Tbk for the 2015-2019 period, with the comparison indicator being total assets. The method used in this study is descriptive research with a quantitative approach and the data used are secondary data obtained from the financial statements published by PT Argo Pantes Tbk for the 2015-2019 period & the financial statements of PT Sri Rejeki Isman Tbk for the 2015-2019 period. The analytical technique used in this study is the Modified Altman Z-Score method that uses four ratio variables, namely Working Capital to Total Assets (X1), Retained Earnings to Total Assets (X2), EBIT to Total Assets (X3), and Book Value of Equity. to Book Value of Debt (X4). The results showed that during the 2015-2019 period (5 years) companies with small asset values (PT Argo Pantes Tbk) tended to have the potential to experience bankruptcy or were in distress compared to companies with large asset values (PT Sri Rejeki Isman Tbk). This condition is caused by the low financial ratios owned by PT Argo Pantes Tbk and the need for follow-up to deal with the problem so that the company avoids the risk of bankruptcy. Keywords: Bankruptcy Prediction Comparison, Altman Z-Score Modification

Prediksi Financial Distress dan Kebangkrutan (Studi Kasus pada Perusahaan Maskapai Penerbangan) Ira Andriani; Muhamad Umar Mai; Ruhadi Ruhadi
Indonesian Journal of Economics and Management Vol 2 No 1 (2021): Indonesian Journal of Economics and Management (November 2021)
Publisher : Jurusan Akuntansi Politeknik Negeri Bandung

The existence of Indonesia's economic growth and the growth of the aviation sector which experienced a contraction in 2020, had an impact on the worsening of financial conditions in the aviation sector. This study aims to determine the prediction of financial distress and the potential for bankruptcy in airline companies. The data collection method used is the documentation method with data analysis techniques using the Altman Z-Score, Springate S-Score, and Mann Whitney Test methods. The results show that PT Garuda Indonesia and Indonesia Air are predicted to experience financial difficulties and the possibility of bankruptcy, while PT Cardig Airlines is not predicted to experience financial difficulties and is unlikely to go bankrupt. Based on the average score, the potential for bankruptcy shows mostly the same results. The difference is only shown in Indonesia Air in 2014 and PT Cardig Airlines in 2019. Based on statistical tests, a significance value of 0.505 was obtained which was more than 0.05 which was rejected and there was no significant difference between the results of the Altman Z-Score and Springate S-Score calculations in predict bankruptcy of airlines. Keywords: Financial Distress, Bankruptcy Prediction, Mann Whitney Test

Co-Authors Adetiya Sabrina M. Nur Afriady, Arif Ajeng Defi Aprilia Amin, Hanudin Anisa Herdian Arry Irawan Arry Irawan, Arry Arwan Gunawan Asep Junjunan Avitariani, Annisa Nurul Barnas, Benny Dadang Hermawan Dadang Hermawan Dahtiah, Neneng Destian Arshad Darulmalshah Tamara Dian Imanina Burhany Dimas Sumitra Danisworo Djoni Djatnika DWI SUHARTANTO Dwi Suhartanto Elsa Oktaviani Faishal, Hanif Fania Naurah Azizah Fathimah Awliyaul Alim Galuh, Nadya Raina Hadiani, Fatmi Hasbi Assidiki Mauluddi Hastuti Hastuti Henny Ariani Imam Akbar Ilham Arif Ira Andriani Ishak, Jouzar Farouq Jam, Nor Syakina Kamaluddin, Nurhadi Kristianingsih Kristianingsih Lisna Oktaviani Ambarwati M. Rayhan Azis Moh Farid Najib Muhamad Faisal Pasha Ridwan Muhamad Faisal Pasha Ridwan Muhamad Muflih Muhammad Syaiful Nurasman Nadya, Galuh Raina Nahlarriva Zackia Nita Kurniasih Noorsyah Adi Noer Ridha Novianty, Ira Nurdin, Ade Ali Orryza Sativa Devi Pakpahan, Rosma Pratiwi, Leni Nur Putra, Sugih Sutrisno Radia Purbayati Rahmiatul Aula Raihani Fauziah Raihani Fauziah Ramadhani, Rizkia Ramdani Ramdani Rani Putri Kusuma Dewi Razak, Dzuljastri Abdul Retno Gita Ayuningrum Riauli Susilawaty Hutapea Ring, Patrick J Rochendi, Hendi Ruhadi Ruhadi Salsa Bila Azahra Salsabila Dwi Anggita Sa’bana, Rifqi Fauzan Sembiring, Etti Ernita Setianingsih, Ratih Setiawan Setiawan Shafanissa Aulia Zikri Shaikh, Imran Mehboob Siti Aisyah Sudradjat Sudradjat Sudradjat Sudradjat Sudradjat Sudradjat Sulistia Suwondo SUMIYATI SUMIYATI Supriatna, Iyeh Suwondo, Sulistia Syarief, Mochamad Edman Tiara Tresnawulan Barkah Tjetjep Djuwarsa Tripuspitorini, Fifi Afiyanti Via Muthmainnah Luthfi Widi Julianti Yanti Rufaedah, Yanti Yeni Siti Halimatus Sadi’yah Yunita Rizka Septiyani

Title

Found 93 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 93 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 93 Documents
Search