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Journal : E-JRM

PENGELOLAAN DANA DESA DALAM UPAYA MENINGKATKAN PEMBANGUNAN DI DESA BANYUATES KECAMATAN BANYUATES KABUPATEN SAMPANG Moh Sofiyanto; Ronny Malavia Mardani; Muhammad Agus Salim
E-JRM : Elektronik Jurnal Riset Manajemen e-Jrm Vol. 06 No. 4 Agustus2017
Publisher : UNIVERSITAS ISLAM MALANG

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ABSTRACT The purpose of this study is to know the management of Village Funds in an effort to increase the development and impact of the Village Fund on development in the village of Banyuates. Data analysis method used is quantitative descriptive analysis by using village head and village apparatus as informant. The results show that the Village Fund Management by Banyuates Village Government both technically and administratively has been run in accordance with existing regulations. The Village Government of Banyuates has been responsible for the management of the Village Fund well, this can be proved by the Letter of Accountability which consists of general cash book, receipts, letter of payment request, and memorandum of funds disbursement. In this case the village government is serious in managing the Village Fund to improve the facilities and infrastructure and the quality of Human Resources (HR) and Village Fund also give positive impact on development in Banyuates village both in the field of physical development and empowerment of society.Keywords: Management, Village Funds, Devolopment.
Analisis Perbedaan Abnormal Return Keuangan pada Sektor Consumer Goods Industry Sebelum dan Saat Pengumuman Pandemi COVID – 19 di Bursa Efek Indonesia ( Event Study pada Sub Sektor Food and Beverages dan Sub Sektor Pharmaceuticals periode Februari – April 2020 ) Teddy Kurnia Dwi Anggoro Kusumo D; Ronny Malavia Mardani; Arini Fitria Mustapita
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 10 No. 10 Februari 2021
Publisher : UNIVERSITAS ISLAM MALANG

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AbstractThis study aims to analyze whether there are differences in financial abnormal return to the consumer goods industry sector, especially in the food and beverages sub-sector and the pharmaceuticals sub-sector listed on the Indonesia Stock Exchange before and during the right issue. This research was conducted with 2 right issues, the first case of Covid - 19 which occurred on March 2, 2020 and the implementation of the first PSBB by the government on March 30, 2020 with observation periods of 3 days before and 3 days after the announcement respectively. This type of research is an event study using quantitative descriptive methods. Determination of the sample using purposive sampling, with a total sample of 13 food and beverages companies and 7 pharmaceuticals companies. The data used in this study include stock prices, daily closings, stock indexes. The data analysis technique used to answer the research hypothesis was paired sample t-test and Wilcoxon signed ranks test. The results of this study indicate that there is no difference in abnormal returns in the two research sub-sectors before and after the announcement of the first Covid-19 case, while before and after the implementation of PSBB by the government there are differences in abnormal returns in these two subsectors.  Key Words : Right Issue, Financial Abnormal Return, Event Study, Food and Beverages Sub                              Sector and Pharmaceuticals Sub Sector.
PENGARUH MANAJEMEN LABA DAN RASIO KEUANGAN TERHADAP PERINGKAT OBLIGASI PADA PERUSAHAAN YANG TERDAFTAR DI BEI M. Syaifudin Zuhri; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen Ejrm Vol 08. No 10 Februari 2019
Publisher : UNIVERSITAS ISLAM MALANG

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ABSTRACT Investments are classified into two types, namely investments in ownership letters (shares) and investments in debt securities (obligations). Issuance of obligations is carried out by companies that need funds, either for business expansion or to meet the company's financial needs in the short or long term. Companies that issue bonds have the obligation to pay interest on a regular basis in accordance with a predetermined time period and loan principal at maturity. Obligations rating is one of the information that is used as a basis for consideration in deciding whether the bond is worthy of being an investment and knowing the level of risk. The purpose of this study in accordance with the formulation of the above problems are: 1) To analyze the effect of earnings management on obligations ratings, 2) To analyze the effect of liquidity ratios on obligations ratings, 3) To analyze the effect of company activity ratios on obligations ratings, 4) To analyze the influence ratio of market value to obligations ratings. Keywords: Investment, obligations rating, earnings management, liquidity ratio, activity ratio, market value ratio.
Pengaruh Current Ratio, Net Profit Margin Dan Kebijakan Dividen Terhadap Harga Saham (Studi Empiris Pada Perusahaan Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2018) Putri Dinda Erika; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen e-Jrm Vol. 09 No. 04 Februari 2020
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract             The purpose of this study was to determine the effect of Current Ratio, Net Profit Margin and Dividend Policy on Share Prices in food and beverage sub-sector companies listed on the Indonesia Stock Exchange (IDX). The data analysis technique used is explanatory research using a quantitative approach. The population in this study amounted to 28 companies, the sample selection in this study used a purposive sampling method, the technique of determining the research sample using established considerations. So that a sample of 10 companies was obtained. The data source in this study is the financial statements of food and beverage sub-sector companies in the period 2016 to 2018. And the method used is multiple linear regression. The results showed that partially the Current Ratio variable had a negative and significant effect on the Stock Price, the Net Profit Margin variable had a significant positive effect on the Share Price. While the Dividend Policy has a positive and not significant effect on Stock Prices. Keywords: Current Ratio, Net Profit Margin, Dividend Policy and Stock Price
PENGARUH KUALITAS ASET, LIKUIDITAS DAN RENTABILITAS TERHADAP KECUKUPAN MODAL PADA PERUSAHAAN PERBANKAN YANG LISTING DI BEI PERIODE 2015-2017 Fina Hikmatul Insaniyah; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 08 No. 05 Agustus 2019
Publisher : UNIVERSITAS ISLAM MALANG

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ABSTRACT               This study aims to determine how the influence of asset quality, liquidity and rentability on capital adequacy in banking companies listed on the Stock Exchange for the period 2015-2017. The variables used in this study are capital adequacy variables (dependent variables), while the independent variables namely asset quality are measured using the NPL ratio (Net Performing Loan), Liquidity is measured using the LDR (Loan to Deposit Ratio) ratio and Rent ability is measured using the ROA (Return On Asset). The data analysis technique used is multiple linear, complete with normality tests and classic assumptions (multicollinearity, heteroscedasticity, autocorrelation). The hypothesis is tested using the t-test and F test with a significance level of 5%. Based on the results of the partial test using the t-test, it is known that the Asset Quality (NPL) variable has a negative effect on capital adequacy in banking companies listing on the Indonesia Stock Exchange for the periode 2015-2017, Liquidity (LDR) ) variable has a negative effect on capital adequacy in banking companies listing on the Indonesia Stock Exchange for the periode 2015-2017 and Rent ability (ROA) ) variable has a negative effect on capital adequacy in banking companies listing on the Indonesia Stock Exchange for the periode 2015-2017. Keywords: Asset Quality, Liquidity, Rent ability, Capital Adequacy
Pengaruh Kinerja Keuangan, Good Corporate Governance (Gcg), Dan Leverage Terhadap Nilai Perusahaan (Studi Kasus Pada Perusahaan Bumn Yang Terdaftar Di Bursa Efek Indonesia Tahun 2016-2018) Indah Handayani; 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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ABSTRACTThe purpose of this study is to find out how the influence of good corporate governance proxied by the board of commissioners on company value, financial performance that is proxied by ROE and leverage proxied by DER. This survey is a kind of quantitative survey. The population included in this study is state-owned enterprises listed on the Indonesian Stock Exchange (IDX) during this period 2016-2018. The samples were selected using purposeful sampling. The results showed that good corporate governance Financial performance has a positive and not significant effect on firm value. While leverage has a significant positive effect on firm value.Keywords: Financial Performance, Good Corporate Governance, Leverage and Company Value.
Pengaruh Good Corporate Governance, Leverage, Kebijakan Dividen Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur Sektor Makanan dan Minuman yang Terdaftar Di Bursa Efek Indonesia Periode 2017 s.d. 2019) Izhatul Ulia; Ronny Malavia Mardani; Fahrurrozi Rahman
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 11 No. 18 Februari 2022
Publisher : UNIVERSITAS ISLAM MALANG

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AbstractThe purpose of this research is to find out how the influence of Good Corporate Governance, Leverage and Dividend Policy on Earnings Management. The population in this study consisted of 30 Manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2019 period. Purposive sampling method with a sample of 11 companies from 30 food and beverage companies listed on the Indonesia Stock Exchange for the 2017-2019 period. The results of the study partially show that: 1) There is no effect of managerial ownership on earnings management 2) There is an effect of leverage on earnings management 3) There is an effect of dividend policy on earnings management.  Keywords: Good Corporate Governance, Leverage, Dividend Policy and Profit Management
Analisis Pengaruh Kebijakan Dividen, Book Value Per Share (Bvps), Dan Earning Volatility (Evol) Terhadap Volatilitas Harga Saham (Study Empiris Pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2018) Citra Damayani Prayogiyanto; Ronny Malavia Mardani; Ety Saraswati
E-JRM : Elektronik Jurnal Riset Manajemen e-Jrm Vol. 09. No. 09. Februari 2020
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract  The purpose of this study is to analyze the effect of Dividend Policy (DPR), Book Value Per Share (BVPS), and Earning Volatility (EVOL) on Stock Price Volatility (PVOL). The population used in this study was manufacturing companies in the basic and chemical industry sectors listed on the Indonesia Stock Exchange in 2016 - 2018. The sample used in this study was purposing sampling. Companies that fall into the study criteria consist of 35 companies for 3 years. The method used in this study is documentation of financial statements from manufacturing companies in the basic and chemical industry sectors listed on the IDX. The analysis used is multiple linear regression by testing the hypothesis using the t test. The results of this study explain that the dividend pay out ratio (DPR) has a positive effect on stock price volatility, book value per share (BVPS) has a positive effect on stock price volatility, earning volatility (EVOL) has a positive effect on stock price volatility.Keywords: Dividend Policy (DPR), Book Value Per Share (BVPS), Earning Volatility (EVOL), Stock Price Volatility (PVOL). 
Pengaruh Kepemilikan Manajerial, Kebijakan Hutang dan Profitabilitas terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Manufaktur Sub sektor Industri Barang Konsumsi) yang terdaftar di Bursa Efek Indonesia Tahun 2015-2017 Aminatun Nasukha; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen eJrm Vol. 8 No. 01 Agustus 2019
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

AbstractThis research was conducted to examine the effect of managerial ownership, debt policy and profitability on the firm value of sub-sectional manufacturing companies of the consumer goods industry listed on the Indonesia Stock Exchange in 2015-2017.The population used in this study is the consumer goods manufacturing sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2015-2017. The sampling method is purposive sampling according to predetermined criteria. The number of samples is 27 companies. The data in this study used multiple linear regression, classical assumption and hypothesis test.The results of this study indicate that managerial ownership has  negative in significant effect on firm value, debt policy has negative significant effect on firm value and profitability has positive significant effect on firm value. Keywords: Managerial Ownership, Debt Policy, Profitability, Firm Value.
ANALISIS PENGARUH EPS, ROE, DER, DAN CR TERHADAP HARGA SAHAM DENGAN PER SEBAGAI VARIABEL MODERATING (Studi Kasus Pada Saham Indeks LQ45 Periode 2013-2015 yang Terdaftar Pada Bursa Efek Indonesia) Aprillia Nur Choiriah; Ronny Malavia Mardani; Budi Wahono
E-JRM : Elektronik Jurnal Riset Manajemen e-Jrm Vol. 06 No. 08 Agustus 2017
Publisher : UNIVERSITAS ISLAM MALANG

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AbstrakThe purpose of this research are : 1) to examine and analyzing of the EarningPer Share (EPS), Return On Equity (ROE), Debt To Equity Ratio (DER), Current Ratio (CR)to share price at LQ 45 company listed in Bursa Efek Indonesia , 2) to examine andanalyzing the relationship of Price Earning Ratio (PER) in moderating the relationshipbetween Earning Per Share (EPS), Return On Equity (ROE), Debt To Equity Ratio (DER),Current Ratio (CR) with share price at LQ 45 listed company On the Indonesia StockExchange. To obtain valid results, sampling technique used in this study is purposivesampling method so that obtained a sample of 61 companies . Data analysis methods usedwere multiple linear regression analysis, correlation analysis, classical assumption test(multicolinearity test, normality test, autocorrelation test, heterokedastisity test), hypothesistest using partial test (t test) and simultaneous test (f test).Using sample of LQ45 company listed in Indonesian Stock Exchange for theperiod of 2013-2015, the result of the research shows that Earning Per Share (EPS) has asignificant positive effect on stock price, Return on Equity (ROE) has positive effect to shareprice, Debt To Equity Ratio DER) has a negative effect on stock prices, Current Ratio (CR)has a positive effect on stock prices, and Price Earning Ratio (PER) moderates therelationship between Earning Per Share (EPS), Return On Equity (ROE), Debt To EquityRatio (DER) , Current Ratio (CR) with stock price.Keywords : Stock Price, Earning Per Share (EPS), Return On Equity (ROE), Debt To EquityRatio (DER), Current Ratio (CR), and Price Earning Ratio (PER).
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