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PENGARUH BULAN RAMADHAN TERHADAP RETURN PASAR SAHAM DI BURSA EFEK INDONESIA (1425H-1434H) Aprida Rusmayanti; Meina Wulansari Yusniar; Asrid Juniar
JWM (JURNAL WAWASAN MANAJEMEN) Vol. 4 No. 1 (2016)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (563.391 KB) | DOI: 10.20527/jwm.v4i1.132

Abstract

The phenomenon of monthly effect is when the desire of financiers on the liquidity of stock changes from month to month in a year. This monthly effect of course is contrary to the concept of efficient markets, but it gives confidence to investors that there is still a gap to benefit by using information of price and sales volume in past. Ramadhan effect is monthly effect, it has been investigated several time in Islamic countries and it was found that there was a difference in market return during Ramadhan month rather than during any other months. The purpose of this study was to describe the effect of Ramadhan on the stock market return in the Indonesia Stock Exchange (IDX). Ramadhan effect, is a seasonal anomaly in the financial markets, when stock returns during Ramadhan is different from the other. The unit of analysis used in this study is a JSX composite of 1425H-1434H (February 21, 2004 -3 November 2013). The statistical method used to test the hypothesis is nonparametric test (sign test), because the data are not normally distributed. The results showed that there was no influence of Ramadhan on the stock market return in the Indonesia Stock Exchange. The cause of the lack of differences in returns among others due to the stability of the value of JSX Composite which is basic calculation of returns, but it also may be due to cultural differences and different conditions during the month of Ramadhan between Indonesia and other countries. Investor behavior changes that occur in other countries during Ramadhan does not occur in Indonesia due to the investors’s composition in Indonesia is still dominated by foreign and institutional investors. The results of this study indicate that the capital market in Indonesia efficient in weak form, because the pattern of stock price movement is random or unpredictable
Pengaruh Faktor Keuangan dan Non Keuangan Terhadap Nilai Underpricing pada Perusahaan yang Melakukan Initial Public Offering (Studi Pada Perusahaan yang Listing di Bursa Efek Indonesia Tahun 2009-2012) Rangga Radipria; Meina Wulansari Yusniar; Asrid Juniar
JWM (JURNAL WAWASAN MANAJEMEN) Vol. 3 No. 2 (2015)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (79.473 KB) | DOI: 10.20527/jwm.v3i2.150

Abstract

Underpricing is a result of uncertainty of the stock price on the primary market which occurs because of the asymmetry information which is owned by the parties involved in the initial public offering, namely issuers, underwriters, and public investors. This study was conducted to determine how and whether the current ratio, return on assets, debt equity ratio, earnings per share, the size of the company, the size of the stock offering, the age of the company, underwriter reputation, and the reputation of Auditors have any influence on underpricing on companies doing IPOs on the Stock Exchange year 2009-2012. The type of this study was descriptive verification with causality. The population in this study was companies listed on the Indonesia Stock Exchange (IDX) year 2009-2012 with samples of 64 companies which selected by using purposive sampling method. The type of data collected and used in this research were secondary data collected through documentation and literature studies. Method of data analysis used was multiple linear regression which have fulfilled classical assumption test. The results showed that the underwriter reputation variables have affected the underpricing. The results of multiple regression analysis showed that the coefficient of determination Adjusted R2 = 17.6%, which means that all independent variables could explain the variation of the dependent variable, namely the underpricing of 17.6%.
PENGARUH STRUKTUR MODAL, KEBIJAKAN DIVIDEN DAN SIZE TERHADAP NILAI PERUSAHAAN (Studi Pada Perusahaan Properti Di Bursa Efek Indonesia) Zainal Abidin; Meina Wulansari Yusniar; Muhammad Ziyad
JWM (JURNAL WAWASAN MANAJEMEN) Vol. 3 No. 1 (2015)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (408.72 KB) | DOI: 10.20527/jwm.v3i1.159

Abstract

Perusahaan mempunyai tujuan normatif memaksimalkan nilai perusahaan, yang bertujuan untuk memaksimumkan kemakmuran pemegang saham. Penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempengaruhi nilai perusahaan. Variabel-variabel yang digunakan dalam penelitian ini adalah Debt to Equity Ratio (DER), Dividend Yield (DYD) dan Size. Penelitian ini dilakukan pada perusahaan properti yang terdaftar di BEI dengan periode tahun 2009 sampai dengan tahun 2011. Variabel dependen dalam penelitian ini adalah nilai perusahaan yang diukur dengan Price to Book Value (PBV). Variabel independen dalam penelitian ini adalah struktur modal yang diukur dengan Debt to Equity Ratio (DER), kebijakan dividen yang diukur dengan Dividend yield (DYD) dan Size. Pengambilan sampel dilakukan dengan menggunakan metode purposivesampling yang menghasilkan 17 perusahaan sebagai sampel penelitian dari populasi sebesar 52 perusahaan. Metode penelitian yang digunakan dalam penelitian ini adalah analisis linier berganda. Hasil penelitian menunjukkan bahwa secara bersama-sama DER, DYD dan Size berpengaruh terhadap PBV. Secara parsial menunjukkan bahwa DER berpengaruh positif dan signifikan terhadap PBV. Size berpengaruh positif dan tidak signifikan terhadap PBV. DYD berpengaruh negatif dan signifikan terhadap PBV.
PENGARUH INVESTMENT OPPORTUNITY SET TERHADAP KEBIJAKAN DIVIDEN Indriati Sumarni; Meina Wulansari Yusniar; Asrid Juniar
JWM (JURNAL WAWASAN MANAJEMEN) Vol. 2 No. 2 (2014)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (314.989 KB) | DOI: 10.20527/jwm.v2i2.172

Abstract

This study aims to examine the effect of investment opportunity set to dividend policy. Population are manufacturing companies listed in Indonesian Stock Exchange (BEI) in the period 2010-2011. Sample are 58 companies as a sample research based on tecnique purposive sampling and used method quantitative. Data used in this research is secondary data in the from of financial report, Indonesian Capital Market Directory (ICMD) and other references that support this research. Data analysis tecnique uses the classical assumption test: normaly test, multicollinearity test, autocorrelation test and the test heterokedasticity. Test hypothesis using multiple regression analysis using SPSS 17. The result has shown that: LnMVEBVE has negative significant influence to DPR. LnPER has a positive significant effect to DPR. LnCAPXA has negative and significant to DPR. LnDEPV does not effect to DPR
PENGARUH FAKTOR FUNDAMENTAL DAN RISIKO (BETA) TERHADAP RETURN SAHAM PADA PERUSAHAAN YANG TERMASUK DALAM INDEKS LQ 45 Diah Ismayanti; Meina Wulansari Yusniar
JWM (JURNAL WAWASAN MANAJEMEN) Vol. 2 No. 1 (2014)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (221.206 KB) | DOI: 10.20527/jwm.v2i1.174

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This study aims to investigate the influence of fundamental factors (DER, ROE, PER, EPS and NPM) and risk (Beta) on stock returns of companies included in the index LQ 45. The study sample consisted of 17 companies which for 4 years in a row including the LQ 45. The statiscaly methods used to test the hypothesis in this study, is multiple linear regression technique and obtained the following results: Simultaneous way, all independent variables used in this study affect the stock returns of companies included in the index LQ 45. 2. Partially independent variables which affect the stock returns of companies included in the index is variable LQ 45 Debt Equity Ratio (X1), Earning Per Share (X4), Net Profit Margin (X5) and Beta (X6). Return on Equity (X2) and Price Earning Ratio (X3) variable had no effect on stock returns of companies included in the index LQ 45
PENILAIAN TINGKAT KESEHATAN BANK DENGAN MENGGUNAKAN PENDEKATAN RISIKO (Risk-Based Bank Rating) Masnawati; Meina Wulansari Yusniar; Abdul Hadi
JWM (JURNAL WAWASAN MANAJEMEN) Vol. 1 No. 3 (2013)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (309.402 KB) | DOI: 10.20527/jwm.v1i3.184

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This study aimed to analyze techniques of the bank’s health assessment and determine which strategies should be done in order to improve the health of the bank. The method used is the approach of Risk (Risk Based-Bank Rating) in accordance with Bank Indonesia Regulation on Rating Bank that PBI Number: 13/1/PBI/2011 which entered into force on January 1, 2012. Bank health assessment performed using four (4) factors: Risk Profile, Good Corporate Governance (GCG), Earning, and Capital. Object of this study is PT. Bank Pembangunan Daerah Kalimantan Selatan period 2012. The results showed that the health of banks in PT. Bank Pembangunan Daerah Kalimantan Selatan getting ranked 2, meaning can be categorized good. Strategies to improve the health value of a bank is to improve aspects of Earnings and Capital. Strategis Steps that must to increase credit expansion, improve the quality and quantity of human resources, product innovation, and increase fee-based income
Determinan Kinerja Keuangan pada Perusahaan Asuransi Hidayat, Deni Atif; Yusniar, Meina Wulansari
Syntax Literate Jurnal Ilmiah Indonesia
Publisher : CV. Ridwan Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (368.088 KB) | DOI: 10.36418/syntax-literate.v6i2.2236

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Penelitian ini bertujuan untuk menganalisis pengaruh variabel rasio beban klaim, rasio likuiditas, rasio retensi sendiri, rasio pertumbuhan premi, rasio hasil investasi dan risk based capital terhadap kinerja keuangan. Populasi yang digunakan dalam penelitian ini adalah seluruh perusahaan asuransi yang terdaftar di Bursa Efek Indonesia (BEI) periode 2014-2018 sebanyak 15 perusahaan asuransi. Metode penarikan sampel dalam penelitian ini menggunakan purposive sampling. Teknik analisis data yang digunakan adalah metode analisis deskriptif dan regresi linier berganda. Hasil penelitian ini membuktikan bahwa rasio hasil investasi dan risk based capital mempunyai pengaruh yang signifikan terhadap kinerja keuangan perusahaan asuransi, sedangkan rasio beban klaim, rasio likuiditas, rasio retensi sendiri, rasio pertumbuhan premi tidak berpengaruh terhadap kinerja keuangan perusahaan asuransi.
Moderasi ESG Risk pada Keputusan Investasi Terhadap Return Saham Doni Stiadi; Meina Wulansari Yusniar; M. Zainal Abidin
JURNAL BISNIS DAN PEMBANGUNAN Vol 12, No 1 (2023): Januari-April 2023
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20527/jbp.v12i1.15510

Abstract

financial performance but also relate to the company's sustainability of the environment as a responsibility for the environmental impact of the company's activities. Alignment of corporate responsibilities can be seen in the company's concern for Environmental, Social, and Governance (ESG). This study aims to analyze the role of ESG Risk in moderating the relationship between investment decisions and stock returns in the ESG Leader Index (IDXESGL) group of companies on the Indonesia Stock Exchange (IDX). The sample was selected using the purposive sampling method in 30 companies for the period March 2021-September 2022 with 4 IDXESGL index evaluation periods so that 20 companies were selected and the total observation data was 80 observations. The research data were analyzed using the Moderated Regression Analysis (MRA) method. The results of the analysis show that ESG Risk moderates the effect of investment decisions on stock returns. Therefore, the better the company's ESG performance (the lower the ESG Risk) will strengthen the effect of investment decisions on company performance as indicated by an increase in stock returns, and in the future the company will continue to grow in a sustainable manner. Keywords: ESG Risk, investment decisions, stock returns
Pengenalan Akuntansi Berbasis SAK EMKM Sebagai Kelayakan Usaha dan Peningkatan Kapasitas Pelaku UMKM di Banjarmasin Monica Rahardian Ary Helmina; Alfian Alfian; Mellani Yuliastina; Meina Wulansari Yusniar
Jurnal Pengabdian ILUNG (Inovasi Lahan Basah Unggul) Vol 2, No 4 (2023)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20527/ilung.v2i4.8011

Abstract

Micro, Small and Medium Enterprises (MSMEs) at South Kalimantanare a positive contributor to economic growth. It was noted that this year the role of MSMEs reached up to 98%. Based on data for 2020 the number of MSMEs in South Kalimantan has reached more than 33,700. By absorbing a workforce of up to 60,000 people. Credit disbursement is planned to develop MSMEs. One of the requirements for applying for additional capital for a business is a financial report. UMKM Sukses Banua is a community of micro, small and medium enterprises that houses creative entrepreneurs. Members numbered more than 200 members. MSME actors who are members of this association have not kept records or bookkeeping that refer to SAK EMKM-based accounting.The goal to be achieved in this program is to develop the skills of MSME traders or actors so that they have the ability to make SAK EMKM - based accounting practices that will be applied to their businesses, so it is hoped that these MSME actors can have an understanding of the financial position of their businesses and improve their business performance based on financial reports. his efforts. The method used in implementing an understanding of accounting based on SAK EMKM is Participatory Based Learning, namely involvement in the planning, implementation, monitoring and evaluation stages of programs / activities by the proposing team. At the end of the program partners are able to understand bookkeeping, recording and financial reporting in accordance with SAK EMKM - based accounting standards. In the end, with the existence of these financial reporting standards, of course, they can become a simple reference and are more easily accepted by a wider circle of entrepreneurs.
PENDAMPINGAN PENGEMBANGAN BUMDES UNTUK PEMASARAN PRODUK BERAS ANJIR KEMASAN HASIL PERTANIAN LAHAN BASAH DI BARITO KUALA Redawati Redawati; Arief Budiman; Meina Wulansari Yusniar; Ahmad Rifani; Rusdayanti Asma; Doni Stiadi; Maya Sari Dewi; M. Zainal Abidin
Bakti Banua : Jurnal Pengabdian Kepada Masyarakat Vol 4, No 1 (2023): BAKTI BANUA : JURNAL PENGABDIAN KEPADA MASYARAKAT
Publisher : Sekolah Tinggi Ilmu Manajemen Indonesia (STIMI) Banjarmasin

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (213.542 KB) | DOI: 10.35130/bbjm.v4i1.405

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Desa Andaman merupakan sebuah desa di Kabupaten Barito Kuala Kecamatan Anjir Pasar yang memiliki hasil padi yang melimpah dangan kulaitas yang baik. Namun kurangnya pengetahuan masyarakat dan pemerintah desa dalam hal pengelolaan potansi yang ada menyebabkan pertanian di daerah tersebut tidak mengalami peningkatan dalam hal peningkatan perekonomian masyrakat. Hal tersebut, tidak lepas dari kebiasaan masyarakat yang menjual langsung hasil panen setelah musim panen terjadi dengan harga yang sangat rendah. Pengabdian masyarakat dengan judul “Pendampingan Pengembangan BUMDES untuk Pemasaran Produk Beras Anjir Kemasan Hasil Pertanian Lahan Basah di Barito Kuala” ini diharapkan dapat memberikan gambaran serta pemahaman untuk masyarakat dan aparatur desa  untuk mengolah dan memasarkan produk berasnya sendiri melalui BUMDES (Badan Usaha Milik Desa). Adapun metode pelaksanaan ini adalah menggunakan metode Transfer IPTEKS dengan menggunakan prinsip bahwa setiap inovasi yang diterima oleh mitra sebaiknya melalui proses : Mendengar, Mengetahui, Mencoba, Mengevaluasi, Menerima, Menyakini, Melaksanakan.