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Journal : E-JRM

Pengaruh Non Performing Loan (NPL), Likuiditas, Rentabilitas, dan Efisiensi Operasional Terhadap Rasio Kecukupan Modal (Studi Kasus Pada Perbankan yang Terdaftar Di Bursa Efek Indonesia Tahun 2017-2019) Sintia Ifadatul Aulia Fatra; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 09 No. 01 Agustus 2020
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

AbstractThis study aims to determine the effect  of non performing loan (NPL), liquidity, profitability, and operational efficiency on the capital adequacy ratio of case studies on banks listed on the Indonesian stock exchange in 2017-2019. In this study, there are 4 (four) independent variables used to measure the capital adequacy ratio, namely non performing loans (NPL), liquidity is calculated using  loan to deposit ratio (LDR), profitability which is calculated using return on assets (ROA) and operational efficiency which is calculated using operating expenses to operating income (BOPO). The dependent variable in this study is the capital adequacy ratio calculated using the capital adequacy ratio (CAR). The population in this study were all banking companies listed on the Indonesia Stock Exchange for the 2017-2019 period with a total of 44 banking companies and the sample in this study was taken using a purposive sampling technique, namely the selection of sample members based on certain criteria and obtained a sample of 28 banking companies. The data collection method used is the documentation method by recording or documenting data listed in the annual report on (IDX). The data analysis technique used in this study is panel data regression. From this study, it resulted that the non-performing loans (NPL) had a negative and not significant effect on the capital adequacy ratio. Liquidity and profitability have a positive and not significant effect on the capital adequacy ratio. And operational efficiency has a negative and significant effect on the capital adequacy ratio.Keywords: Non Performing Loans (NPL), Liquidity, Profitability, Operational Efficiency, Capital Adequacy Ratio
PENGARUH KEBIJAKAN DIVIDEN, KEBIJAKAN UTANG DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN STUDI KASUS PADA PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX PERIODE 2013-2016 Mohammad Faisol Efendi; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 7 No. 14 Agustus 2018
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

ABSTRACT                 This study aims to determine the effect of dividend variables, debt policy, profitability on firm value, to measure it using multiple linear methods, in this study are companies registered in the Jakarta Islamic Index 2013-2015 period which discusses 30 companies and samples in secret research 10 the company selected using purposive sampling method. The Jakarta Islamic Index of Companies will be corrected once every 6 months by the OJK. The results of this study indicate that partially the profitability variable has a significant effect on the value of the company (sig. 0,000), while the dividend policy variable, the policy is insignificant insignificant to the value of the company Keywords: Dividend Policy, Debt Policy, Profitability, Company Value 
Pengaruh Net Profit Margin (Npm), Return On Asset (Roa) Dan Return On Equity (Roe) Terhadap Harga Saham (Studi Kasus Pada Perusahaan Food And Beverage Yang Terdaftar Di Bei Tahun 2017-2019) Sindi Ristanti; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 09 No. 09 Agustus 2020
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

ABSTRACTThe aim of this study is to analyze the effect of net profit margins, asset returns and equity returns on food and beverage companies listed on the Indonesian Stock Exchange in 2017-2019. This study uses an explanatory study of the population of food and beverage companies listed on the Indonesian Stock Exchange in 2017-2019. The criteria used to determine the sample of the food and beverage company are the audited financial statements and the publication of their financial statements and the company was listed on the Indonesian Stock Exchange. With this method, a sample of 11 companies was obtained, The method of analysis used is the multiple linear regression modelThe findings of this analysis using a multiple linear regression method, which can be inferred the Net Profit Margin ( NPM) does not have a significant impact on stock prices, (2) Return On Assets ( ROA) does not have a significant effect on stock prices, and (3) Return On Equity ( ROE) has a significant effect on food and beverage company prices listed on the Indonesian Stock Exchange in 2017-2019. Keywords: Net Profit Margin (NPM), Return on Assets ( ROA), Return on Equity ( ROE) and Stock price.
PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DEVIDEN SEBAGAI VARIABEL INTERVENING (Studi Empiris Pada Perusahaan Food and Baverage Yang Terdaftar Di BEI Periode 2013-2016) Anita Laelatul Khomsatun; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen ejrm Vol. 7 No. 3 Agustus 2018
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

ABSTRAK                Some parties consider dividends have no effect on the value of the company known as the irrelevance of devidend proportion, this party sees that dividends have relevance to the value of the company called the relevance of devidend proportion. The purpose of this study was to determine the influence of these factors on the value of the company. To test the hypothesis, secondary data was used with purposive sampling method.                Data analysis techniques use path in analysis with profitability as an exogenous variable and dividend policy as an intervening variable and firm value as an endogenous variable. After the data was analyzed, it was found that profitability and dividend policy had a significant effect on firm value, while the effect of profitability on dividend policy was not significant.Keywords: profitability, company value and dividend policy.
PENGARUH PROFITABILITAS, STRUKTUR AKTIVA, DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL (Studi Pada Perusahaan Perbankan yang Terdaftar di BEI periode 2015-2017) Zila Nurdila Hafidzah; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 8 No. 21 Agustus 2019
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

ABSTRACT         This study aims to examine and analyze the effect of profitability, asset structure and firm size on the capital structure of a banking sector manufacturing company listed on the Indonesia Stock Exchange. The population is the 2015-2017 go public banking company of 43 companies, and the sample is 31 companies. Data collection through financial report data available on the IDX. Data analysis in this study uses the help of SPSS version 22 for windows. The sampling method with purposive sampling. The researcher used several tests including descriptive test, normality test, classic assumption test, multiple linear regression analysis, and testing the research hypothesis.The results of the analysis show that partially the asset structure does not significantly influence the capital structure because it is caused by the type of assets that can be guaranteed, and the fixed assets owned by the company are not so many multipurpose assets that are not so guaranteed while the profitability and size of the company significantly influence the capital structure. Together, it shows that profitability, asset structure and company size have a significant effect on capital structure.Keywords: Profitability, Asset Structure, Company Size and Capital Structure
PENGARUH RETURN ON ASSET (ROA), CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER), DAN PRICE TO BOOK VALUE (PBV) TERHADAP HARGA SAHAM Liskan Kirana; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen e Jrm Vol. 8 No. 16 Agustus 2019
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

 ABSTRACT               This research was conducted with the aim of analyzing how the influence of Return on Assets (ROA), Current Ratio (CR), Debt To Equity Ratio (DER), and Price To Book Value (PBV) Against Stock Prices. The sample in this study were 23 manufacturing companies in the consumer goods industry sector. The analysis method used in this study is Multiple Linear Regression with the SPSS Version 22 For Windows application. Based on the results of the hypothesis test it is obtained that the test results simultaneously show the value of Return On Assets (ROA), Current Ratio (CR), Debt To Equity Ratio (DER) and Price To Book Value (PBV) affect stock prices, and Price To Book Value (PBV). The partial test results show that Return on Assets (ROA) has a positive effect on the stock price of consumer goods companies, Current Ratio (CR) has a negative effect on the stock price of consumer goods companies. Debt to Equity Ratio (DER) has a negative effect on the stock price of consumer goods companies. . Price to Book Value (PBV) has a positive effect on the stock price of consumer goods companies.Keywords:Return On Asset; Current Ratio; Debt to Equity Ratio; Price to Book Value; Stock Price
Pengaruh Kurs Dollar, Indeks Dow Jones dan Tingkat Suku Bunga Sertifikat Bank Indonesia (SBI) Terhadap Indeks Harga Saham gabungan (IHSG) (Periode 2016-2018) Sri Puspa Nurhayati; Ronny Malavia Mardani; Arini Fitria Mustapita
E-JRM : Elektronik Jurnal Riset Manajemen e Jrm Vol.09 No. 05. Februari 2020
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

ABSTRACTThe capital market is one investment alternative for investors.  Investors who are willing to invest in the stock market can invest in the Indonesia Stock Exchange (BEI). One index that is often ignored by investors when they invest in the Indonesia Stock Exchange is the Composite Stock Price Index (CSPI), because through the movement of the Composite Stock Price Index, investors can see whether the market conditions are excited or sluggish. Some things that need to be considered by investors in investing are the dollar exchange rate, dow jones index and the interest rate of Bank Indonesia certificates, This study aims to test and empirically prove the effect of the exchange rate of the dollar, the Dow Jones index, and the interest rate of Bank Indonesia certificates on the composite stock price index during the period January 2016 to December 2018. The sampling technique used in this study is purposive sampling with the amount  144 data were processed. The analyzed data were carried out using multiple linear regression methods. The results showed that the Dollar Exchange Rate variable had a significant positive effect on the Composite Stock Price Index (CSPI).  SBI Interest Rate has a significant negative effect on the composite stock price index (CSPI).Keywords: Composite Stock Price Index (CSPI), Dollar Exchange Rate, Dow Jones Index, Bank Indonesia Certificate Interest Rate.
PENGARUH STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP KINERJA PERUSAHAAN (STUDI KASUS PADA PERUSAHAAN SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2018) Chika Deva Ciptadi; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 8 No. 19 Agustus 2019
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

ABSTRACT This study aims to analyze the effect of Capital Structure as measured by Debt ro Equity Ratio (DER) and Company Size using a measure of Total Assets to Retrun on Assets (ROA). In this study using companies that belong to the Group of Companies in the Basic Industry and Chemistry for the 2016-2018 Period. This study uses a quantitative approach. The population in this study amounted to 59 companies. The research sample used purposive sampling technique. The method of data analysis in this study used the normality test, the classic assumption test. The results show a negatively influential capital structure that is not significant for company performance. This shows that the higher the debt composition in the company's capital structure will reduce the Company's performance. The influence of Company Size has a significant positive effect on Company Performance because the larger the size of the company, can encourage an increase in the portion of funds that the company can use for production activities.Keywords: Capital Structure, Company Size, Company Performance
PENGARUH STRUKTUR KEPEMILIKAN SAHAM, FAKTOR EKSTERN DAN FAKTOR INTERN TERHADAP LEVERAGE DAN DAMPAKNYA TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BEI 2016-2018 Dwi Agustina; Ronny Malavia Mardani; M. Khoirul ABS
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 08 No. 06 Agustus 2019
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

ABSTRACT               The purpose of this study was to determine the effect of shareholding structure, external factors and internal factors on leverage and the impact on company value on mining companies listed on the stock exchange for the period 2016-2018.  The purpose of taking case studies on mining companies in this study is because in the current era globalization mining companies are one of the drivers of economic development of a country, so reserchers conduct research whether there is an influence between the structure of share ownership, external factors and internal factors as independent variables and then leverage and company velue as the dependent variable. The type of data used in this study is secondary data. The location in this study is a mining company listed on the indonesia stock exchange in the period 2016-2018. In this study the authors took a sampel using purposive sampling technique. In this study the population taken was 45 mining companies listed on the indonesia stock exchange for the period 2016-2018 and obtained a sampel of 27 companies so that the research data was 81 companies. The analysis technique used is multiple regression and direct and indirect influences.                              The results in this study case study on mining companies listed on the Indonesia Stock Exchange for the 2016-2018 period can be concluded, namely: variable ownership structure (X1), external factors (X2), internal factors (X3) does not have a significant effect on the leverage  variabel. While the structure of share ownership (X1), external factors (X2) does not have a significant effect on the firm value variabel and internal factors (X3) has a significant effect on the firm value variabel, then leverage variable (Y1) has a significant effect on the firm value variabelmemiliki ( Y2). Keyword: Stock Ownership Structure, External Factors, Internal Factors, Leverage, Company Value.
Pengaruh Profitabilitas, Likuiditas Dan Ukuran Perusahaan Terhadap Kebijakan Dividen Perusahaan Manufaktur Periode 2016-2018 Ega Aditya; Ronny Malavia Mardani; M. Hufron
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 9 No. 02 Februari 2020
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

Abstract  This study aims to determine and analyze the effect of profitability, liquidity and company size on manufacturing companies in the 2016-2018 period. This Type of research is Explanatory Research. Explanatory Research is an investigation that is intended to explain the relationship between variables through hypothesis testing. In this study using independent variables (return on investmen (ROI), current ratio (CR), firm size and the dependent variable dividend payout ratio (DPR). The data analysis technique used is panel data regression analysis, t test. The population in this study is manufacturing companies in the consumer goods industry sector, while the sample used is 47 companies in the consumer goods industry sector. This manufacturing company data is used to determine whether each variable influences the dividend policy. Data were analyzed descrptively quantitatively. The results obtained from this study are (1) Return On Investmen (ROI) negative effect on Dividend Payout Ratio (DPR). (2) Current Ratio (CR) negative effect on Dividend Payout Ratio (DPR). (3) Firm Size positive effect on Dividend Payout Ratio (DPR). Keywords : Return On Investmen, Current Ratio, Firm Size, Dividend Payout Ratio
Co-Authors Abd. Wafi Abdul Majid Abdul Majid Abdullah Syakur Novianto Abidin, Zeinal ABS, M Khoirul Ach Taufiqur Rohman Achmad Agus Priyono Adnan Abdul Khobir Afi Rachmat Slamet Agus Salim Agus Salim Ahmad Rifai Ainun Ulumiah Nursa Aisyah, Widya Nur Al- mar’atus Sholikhah Aleria Irma Hatneny Alfian Budi Primanto Alif Adi Prasetyawan Alifia Nuraini Alitakupenda, Dwitaria Alvin Hidayatullah Amanah, Firnandya Amelia Monica Ningrum Amin, Muhammad Sirojuddin Aminatun Nasukha Aminatuz Zuhriyah Aminuyati Amiril Mustofa Ana Indriyani Ana Roikhatul Zannah Anak Agung Gede Sugianthara Anan, Nurun Nadiva Salsabila Andi Normaladewi Anggraeni, Dwi Adela Anggraini, Tasya Meylina Ari Anita Laelatul Khomsatun Any Tafriha Ferriyanti Aprilianto Aprilianto Aprillia Nur Choiriah Arini Fitria Mustapita Arsyianto, M. Tody Asih Masita Asmiyati Atapuka Auliyah Palupi Putri Indra Sari Ayu Trisnawati Ayu Yossita Candra Octaviana Ayu Yulita Putri Ayunani, Sabrina Azizah, Nur Rosyda Dhiya’ul Azizah, Umul Balqish, Alya Tamara Basalamah , Muhammad Ridwan Bastomi, Mohamad Bastomi, Mohammad Bayu, Juli Adriano Budi Wahono Celmia Celmia Chika Deva Ciptadi Cicik Marianti Citra Damayani Prayogiyanto Citra Nurul Hidayati Danang Laksono Deasy Dwi Komaini Deby Nofianti Pratiwi DEVI TRIANINGSIH Dewi Cahya Putri Dewi Nurhidayah Diah Wahyuning Tyas Diajeng Kusuma Wardani Dian Aulia Fitri Dian Savitri Dinda Nur Afifah Distha Anggrainingrum Dwi Agustina Ega Aditya Eka Indah Wahyu Eka Wahyu Ningrum Ekiq Arifaturini Elfina Rahmania Elysa Anggun Fradini Endah Setya Rahayu Erin Mastura Erindia Cember Eris Dianawati Esti Dewi Purwati Etty Saraswati Eva Susanti Eva Zulaikha Fahimatuz Zainul Laila Fahma Lintang Nabila Fahmi Faizal Izmy Fahrurrozi Rahman Fairoh Aida Qothrun Nada Fajjar Mustofa Farah Zairina Faris Fardani FATIMAH FATIMAH Fatimatuz Zahro Fatmawati, Yenni Diah Fatus All Anati Fauziyatul Uffah Fayi’ Hilmy Musyafiq Febbyola, Risa Febriani, Rezki Febi Filzah Gaissani Fina Hikmatul Insaniyah Fiona Putri Dyah Pancari Fita Dwi Hariyati Fitri Anggriani Fitriani, Nur Afika Gandung Fitra Pambudi Griselda Putri Vania Florence Hafidzul Ulum Halimah, Faridatul Hanik Latifah Helma Rizqikah Amir Hendra Bagus Yulipratama Himmatussuhra Himmatussuhra Ida Ardila Syafitri Rumain Iin Cahyaningsih Ike Nur Wahyuni Ike Wulandari Ilham Wahyudiarso Indah Handayani Indah Ramadhani Irma Lina Fadila Husna Putri Isa Agid Wibisana Ita Athia Izhatul Ulia Izzatin Nayli Jannah, Shofiratul Josi Eka Ariyani Kasprianti, Rista Puji Khalikussabir, Khalikussabir Khoirul Anam Khurrotun Nisa’ Krismala Fadrila Kuswatun Hasanah Lailatus Sofiah Laksono, Felicia Averina Laurensia Laras Noviyanti Larisa Dea Chatira Lestari, Siswi Muji Lika Handayani Liskan Kirana Lufi Khomsiatin Nulhaniya Lujeng Indra Prayugi Lukluatul Fadillah M Agus Salim M, Tiara Nur M. Agus Salim M. Fakhry Iskhaq M. Farchan Fuadi M. Hufron M. Khoirul Anwarodin Broto S M. Syaifudin Zuhri M. Umar Izzul Chaq Manis Syahedeh Mar’ah Qonitatillah Masriyani Masriyani Maya Dewi Suprobo Millaningtyas, Restu Mitra Kartini Moch Kukuh Widyatmoko Mochamad Yuhdi Atoillah Mochammad Handika Setiawan Moh Hairul Anam Moh Lutf Moh Sofiyanto Mohamad Fathanudin Abas Mohammad Arif Efendi Mohammad Faisol Efendi Mohammad Rizal Muallifa Muallifa Mudrikah Mudrikah Muhammad Adam Yusuf MUHAMMAD AGUS SALIM Muhlis Muhlis Mursalina Mursalina Nadirotul Hasanah Nanda Diah Ayu Nurmindasari Naning Adindah Putri Nela Rahayuni Neni Elfina Ngatiningsih, Tuti Khoiriyah Nifta Asfidza Alma Nihayah Saefil Ikhsan Nike Anggita Prima Nilna Izza Amalia Nindi Aulia Riadi Nindy Wulandari Ningrum, Niken Widya Nining Tsamratul Hasanah Nizam, Muhammad Sahrun Noer Fadhilah Rahman Nor Laili Roudotul Janah Nova Istiqomah Nova Suci Indrawati Nur Aniseh Nur Haslinda Nur Kamilah Nur Mahfudh Febriansyah Nuratul Amaliah Nurfarida Nurfarida Nurhidayah Nurhidayah Nurhidayah Nurhidayah Nurhidayah Nurul Afifah Fasbiyanti Nurul Khoirini Nuryanita Rusiah Oktaningrum, Indarti Indah Olla Fathimatuz Zahro Permata Irmin Seriyarini Pipit Larasati Pratista, Ilham Pratiwi, Cantika Puspa Puguh Roni Prastowo Putra, Arif Rahman Surya Putri Ayu Khoriah Putri Dinda Erika Rachman, Fahmia Nur Fitria Rahmawati Rahmawati Ramadhan, Tri Sugiarti Raras Nur Fitiah Ratna Tri Hardaningtyas, Ratna Tri Rawiyatul Hasana Reni Evaluki Rennia Sofi Dia Anugra Heni Rico Adi Suwardianto Rifa Ariana Ningtyas Rif’atul Himmah Rif’atul Inayati Rina Wulan Novianti Risa Dewi Yanti Aceh Risna Faulia Rita Lia Novita Rizalatul Isa Rizka Nur Fittriana Rizky Adhyvian Rohma, Hindun Miftakhur Rosmah Sholichah Rovita Tri Rezeki Safitri Safitri Saiful Anwari Salsabillah, Via Amelya Saraswati, Ety Sembiring, Rinawati Septi Ning Tyas Septia Anggi Saputri Shafaratin Nurul Hasanah Shela Karlina Devi Shilvie Damayanti Lestari Shofi Eka Khairunnisa Silvia Sahara Sindi Ristanti Sinta Mayyukha Sintia Ifadatul Aulia Fatra Sintia Novita Sari Siti Kusmawati Siti Masula Siti Nur Laelatul Rohmah Siti Sara Ilham Siti Suhaebah Siti Uswatun Khasanah SOFIYULLAH SOFIYULLAH Sovi Devianita Sari Sri Puspa Nurhayati Sulton Sholehuddin, Sulton SUTRA Aji NINGTYAS Syamsiar, Syamsiar Teddy Kurnia Dwi Anggoro Kusumo D Therito Akbar Firmansyah Ubaid Choiri Ubaidullah Ubaidullah Uswatun Khusnah Vachriyanti, Asma’ul Noer Veni Rikusita Vika Septirini Viqi Hendro Fahtoni Vivi Noviyanti Wahdah Lutfiana Arinta Wahyudi Kurniawan Weni Afrilliansyah Winda Irawati Wiwin Rafida Wajapa Yahsyallah Yenniria Nurhaidah Yeritama, Risma Yogi Adetya Kurniawan Yudi Purnomo Yulitasari Mila Dewi Zahro, Handini Nur Chameli Atuz Zahrotun Nisa Zainul Fikri Zidan, Moh Izzad Kamal Zila Nurdila Hafidzah Zulkarnain Zulkarnain