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Analisis Kinerja Keuangan Menggunakan Metode Economic Value Added (EVA) Dan Market Value Added (MVA) Pada Industri PT. Semen Indonesia (PERSERO) Tbk. Periode 2019-2021 Puji Lestari; Karnila Ali; Nina Lelawati
Jurnal Manajemen DIVERSIFIKASI Vol. 5 No. 2 (2025): Juni
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v5i2.4411

Abstract

The development of today's business world is increasingly dynamic and always changing, where every company is competing to improve the quality of the performance of each company, one of which is PT Semen Indonesia (Persero) Tbk. The company, in this case PT Semen Indonesia (Persero) Tbk, must be able to generate maximum profits and maximize shareholder wealth. There are many things that must be considered by the company to attract investors, one of which is showing good financial performance. While the measurement tools used to measure value-added-based financial performance are Economic Value Added (EVA) and Market Value Added (MVA). The design in this study uses a quantitative approach with descriptive statistical methods. The subject of this research is PT. Semen Indonesia (Persero) Tbk. Meanwhile, the object of this study is the income statement report for the 2019-2021 period. The data sources used in this study are primary and secondary, where the primary data is obtained from financial reports and secondary data from literature review, company profiles and company conditions and so on Based on Economic Value Added during 2019-2021, PT Semen Indonesia (Persero) Tbk has added economic value to the company. This is evidenced by the EVA method during 2019-2021 which achieved a positive value in accordance with EVA > 0 criteria set by PT Semen Indonesia (Persero) Tbk. Based on Market Value Added (MVA) at PT Semen Indonesia (Persero) Tbk for the 2019-2021 period, it has added market value in the company. This is evidenced by the MVA method during 2019-2021 which achieved a positive value according to the MVA criteria > 0 set by PT Semen Indonesia (Persero) Tbk
Analisis Kelayakan Investasi Pada Saham Perusahaan Manufaktur Sub Sektor Food And Bavarages Di Bursa Efek Indonesia (BEI) Pada Tahub 2019-2022 Wungu Muharomi; Nani Septiana; Karnila Ali; Faiz Dwi Nugroho
Jurnal Manajemen DIVERSIFIKASI Vol. 5 No. 1 (2025): Maret
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v5i1.4434

Abstract

Investors who invest in the capital market will find two problems, namely the rate of returnand the level of risk. The purpose of this study was to determine the eligibility level of sharesand the rate of return on shares and risk by using the CAPM method in determininginvestment decisions in shares of manufacturing companies in the Food and Beverages sub-sector which are listed on the Indonesia Stock Exchange (IDX) in 2019-2022. This study usesa descriptive quantitative approach to identify the feasibility of shares based on the level andreturn on investment. The sample in this study are food and beverage manufacturingcompanies listed on the IDX for 2019-2022. Data collection techniques using thedocumentation method and data analysis using the CAPM method. Based on the results of thefeasibility research on stock investment that has been carried out, in this study there werefour stocks that were declared eligible for the stock investment activities, namely ADES,CEKA, MYOR, and STTP. Meanwhile, six companies namely ALTO, ICBP, INDF, ROTI,SKBM, and ULTJ were declared unfit for investment activities. Individual stock returns (Ri)in companies from highest to lowest are ADES, STTP, MYOR, and CEKA. While thesystematic risk (β) from highest to lowest is ADES, CEKA, MYORand STTP
Analisis Kinerja Keuangan Dengan Menggunakan Metode MVA (Market Value Added) Pada PT. Bank Panin Dubai Syariah Nur Ayu Istiqomah; Karnila Ali; Febriyanto
Jurnal Manajemen DIVERSIFIKASI Vol. 5 No. 1 (2025): Maret
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v5i1.4439

Abstract

The development of today's This study aims to determine the financial performance of PT.Bank Panin Dubai Syariah using the Market Value Added (MVA) method. Based on theresults of Market Value Added (MVA) analysis at PT. Bank Panin Dubai Syariah for the last3 years, namely 2019-2021, has shown a pretty good increase, this proves that the companyis able to manage capital so that the profits generated increase. But in 2020 the companyexperienced a very significant decline. Then with the analysis of Market Value Added (MVA)at PT. Bank Panin Dubai Syariah in 2019-2020 has a good value which shows added valuefor the Company
Evaluasi Pengelolaan Keuangan Dana Desa Berdasarkan Permendagri Nomor 20 Tahun 2018 Di Desa Karang Sari Kecamatan Padang Ratu Lampung Tengah Karnila Ali; Ardiansyah Japlani; Selvi Wahyu Puspita
Jurnal Manajemen DIVERSIFIKASI Vol. 5 No. 4 (2025): Desember
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v5i4.5710

Abstract

This study aims to determine the suitability of financial management of village funds in Karang Sari Village by analyzing data based on the Regulation of the Minister of Home Affairs Number 20 of 2018 concerning Village Financial Management, namely at the planning, implementation, administration, reporting, and accountability stages. The object of this research is Karang Sari Village, Padang Ratu District, Central Lampung. This research is qualitative with a descriptive analysis approach using 16 informants consisting of village officials and 8 hamlet heads. The research subjects were determined using purposive sampling techniques and data collection techniques consisted of observation, interviews and documentation. The data analysis used was reduction, triagulation, data display, and conclusion. In general, the problems found are the lack of knowledge in the management of funds and the lack of quality of human resources, the lack of assistance and the quality of assistance and the lack of supervision carried out in the management of village funds so that there is a gap in discrepancies in the financial management of village funds. Based on data analysis, this study states that the financial management of village funds in Karang Sari Village is not technically in accordance with Permendagri Number 20 of 2018, namely at the accountability stage there is no information on the 2023 village fund budget realization report which is conveyed to the public through information media and several obstacles are found in its implementation.
Analisis Pengaruh Literasi Keuangan dan Financial Technology Terhadap Kinerja Keuangan Pada Usaha Mikro, Kecil, Menengah (UMKM) di Kota Metro Lampung Zalvira Aprilia Putri; Febriyanto; Karnila Ali
Jurnal Manajemen DIVERSIFIKASI Vol. 6 No. 1 (2026): Maret
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v6i1.5916

Abstract

The development of Micro, Small and Medium Enterprises (MSMEs) is currently increasingly rapid. In this development, of course, MSME players are faced with various obstacles, especially related to limited capital. Apart from that, technological advances require MSME players to adapt to always keep up with developments, one of which is by utilizing financial technology. The aim of this research is to find out how financial literacy and financial technology influence the financial performance of MSMEs located in Metro City, Lampung Province. This research used an instrument in the form of a questionnaire which was distributed to 100 respondents who were MSME actors. The research method used is descriptive quantitative. The results of this research state that financial literacy and financial technology have a significant effect on the financial performance of MSMEs in Metro City, Lampung Province.
Analisis Efektivitas dan Efisiensi Pengelolaan APBDes di Desa Rama Indra Dea Angelina; Ardiansyah Japlani; Karnila Ali
Jurnal Manajemen DIVERSIFIKASI Vol. 6 No. 1 (2026): Maret
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v6i1.6131

Abstract

The background to this research is the management of the Rama Indra village income and expenditure budget for the 2021-2023 period which fluctuates every year and there is a lack of openness regarding the APBDes and village information. This research aims to determine the management and effectiveness and efficiency of APBDes management in Rama Indra Village. This research uses a descriptive approach with quantitative research methods. Data collection methods used include interviews, observation and documentation. The results of the research show that the management of the village income and expenditure budget is said to be good and in accordance with Minister of Home Affairs Regulation Number 20 of 2018 concerning village financial management, while the effectiveness of the village income and expenditure budget is classified as very effective with a percentage of 90% -100% while the efficiency of The village income and expenditure budget is also classified as efficient because it is at a percentage of 90%-100%. In this research, the author suggests adding transparency to be more open to the public.
Evaluasi Pengelolaan Dana Desa di Kelurahan Banjarsari Kecamatan Metro Utara Lampung Ria Dika Rahmawati; Karnila Ali; Nani Septiana
Jurnal Manajemen DIVERSIFIKASI Vol. 6 No. 1 (2026): Maret
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v6i1.6286

Abstract

The government is responsible for managing state finances, including central, regional and village finances. Considering that the state disburses large amounts of village funds every year to support villages, through the State Revenue and Expenditure Budget (APBN), managing village funds in the field of community empowerment is crucial. Details of the budget that are not published to the general public are an indication of lack of transparency in government governance practices. Based on a survey conducted by researchers in Banjarsari sub-district, North Metro, Metro City, there are problems involving an imbalance between budget allocation and the need for improvements to facilities and infrastructure. Apart from that, Banjarsari Subdistrict is lagging behind in infrastructure development when compared to other subdistricts in Metro City. This research uses analytical research methods with a quantitative approach, showing that the efficiency of financial management is currently below 40%. There are limitations in the allocation of village funds and transfer income which has an impact on reducing effectiveness in implementing development programs and community services in the Banjarsari sub-district
Analisis Pengaruh Partisipasi Masyarakat, Kompetensi dan Sistem Pengendalian Internal Terhadap Akuntabilitas Pengelolaan Dana Desa Risnalamelan Agifirilarani; Ardiansyah Japlani; Karnila Ali
Jurnal Manajemen DIVERSIFIKASI Vol. 6 No. 1 (2026): Maret
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v6i1.6311

Abstract

This research aims to examine the influence of Community Participation, Competence and Internal Control Systems on Accountability in Village Fund Management. This research uses financial management theory. The data used in this research is primary data based on questionnaires distributed to village officials and the community. This research method uses a sample of village officials who work at the Gedung Gumanti Village Subdistrict Office. The sample in this research is 30 people, based on a purposive sampling method, namely officials who have a minimum of SMP/MTS degree and have worked for more than one year. The choice of hypothesis testing in this research uses multiple linear regression. The results of this research show that Community Participation and the internal control system have a positive effect on Village Fund Management Accountability, while Competency also has a positive effect on Village Fund Management Accountability.
Dampak Reputasi Underwriter, Ukuran Perusahaan dan Financial Leverage Terhadap Underpricing Saham Pada Saat IPO (Studi Kasus Pada Perusahaan Sub-Sektor Teknologi) Oniesca Martha; Ardiansyah Japlani; Karnila Ali
Jurnal Manajemen DIVERSIFIKASI Vol. 6 No. 1 (2026): Maret
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v6i1.6506

Abstract

In the process of issuing shares to the Stock Exchange or known as Initial Public Offering (IPO), underpricing often occurs, which is a phenomenon where the initial share offering price is lower than the closing price in the secondary market. This study aimed to examine the impact of several factors that affect stock underpricing when companies conduct IPOs on the Indonesia Stock Exchange. The time span of this research was 2019 to 2022. The factors studied in this study were Underwriter Reputation, Company Size and Financial Leverage. This research used a quantitative approach, where data were collected and analyzed statistically. This research data analysis used multiple linear regression analysis. The sampling method used purposive sampling with several criteria in accordance with the research objectives and obtained 6 companies as samples from a population of 9 companies. The results showed that partial testing showed variable Underwriter Reputation had a negative and significant effect on Underpricing. While variables Company Size and Financial Leverage had no significant effect on Underpricing and simultaneously. Simultaneous testing of the variables of Underwriter Reputation, Company Size and Financial Leverage had no effect on Underpricing.
Pengaruh Profitabilitas Dan Leverage Terhadap Return Saham Pada Perusahaan Sub Sektor Perbankan Yang Terdaftar Di Bursa Efek Indonesia Adelia Ananda Rizky; Karnila Ali; Febriyanto
Jurnal Manajemen DIVERSIFIKASI Vol. 4 No. 4 (2024): Desember
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/diversifikasi.v4i4.3761

Abstract

This study aims to determine whether there is an effect of profitability and leverage on stockreturns. Changes in stock returns can be determined by the company's financial performanceprojected in the company's financial statements using profitability and leverage ratios. Theresearch method used in this study uses documentation techniques with a quantitativeapproach. This research was conducted at banking sub-sector companies listed on theIndonesia Stock Exchange (IDX) which were recorded during the 2019-2021 period. Thesample used in this study was purposive sampling, so that the sample in this study consisted of5 companies. The analysis used in this study is the classical assumption test, namely thenormality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. To testthe hypothesis in this study using panel data regression test with the common effect modeltechnique, fixed effect model, and random effect model. Selection of the technique is done bydoing the chow test, hausman test, and lagrange multiplier test. Based on the research resultsshow that 1) There is a significant influence between profitability and stock returns. 2) Thereis a significant influence between leverage and stock returns. 3) There is an influence betweenprofitability and leverage on stock returns
Co-Authors Adelia Ananda Rizky Afdal Mazni Agustian, Didiek Wijaya Akbar Dwi Antono Alfandi, Ashari Mahendra Amelia, Shinta Anak Agung Gede Sugianthara Andina Pramesti Awalia Andriyani Dwi Puspitasari Angelica, Aulia Aprilawati, Niputu Irma Ardiansyah Japlani, Ardiansyah awalia, andina pramesti Azyasa, Mutiara Wika Azzahra, Merissa Bagus Surya Sahputra Bambang Suhada Bambang T Tri Saputra Dani Anggoro Darmayanti, Elmira Febri Dea Angelina Dick Ratna Sari Didiek Wijaya Agustian Dina Fitriani Dinda Fali Rifan Durotun Nasikah Elita Herdiana Elli Fitriyani Fahmi Andi Ningrum Faiz Dwi Nugroho Febiyanto Febriyanto Febriyanto Febriyanto Feby Pratiwi Handayani FIKA MUDRIKAH Fitriani Fitriani Fitri Fitriani Fitriani Fitriani Fitriani Ganis Delvia Gustin Padwa Sari, Gustin Padwa I Gusti Bagus Wiksuana Jati Imantoro Jati Imantoro, Jati Jawoto Nusantoro Lelawati, Nina M. Ihsan Dacholfany Maharani, Nur Merissa Azzahra Muhammad Anif Afandi Muhammad Ihsan Dacholfany Mutiara Wika Azyaza Nadisa Aristia Putri Naelia Zaini Nafa Wulan Ramadani Nani Septiana Nani Septiana Nasikah, Durotun Nedi Hendri Nina Lelawati Novita Ningsih Nur Ayu Istiqomah Nur Wahyu Ningsih Nuraini Nuraini Nurul Fitriani Oktaviani, Leni Oniesca Martha Prabowo, Bob Ardi Pradipta, Reyhan Singgih Puji Lestari Rahmah Dianti Putri Ramadani, Nafa Wulan Rangga Aditya Raniana, Vina Reyhan Singgih Pradipta Reza Gunarti Ria Dika Rahmawati Ridwansyah Ridwansyah Risnalamelan Agifirilarani Rizki Iza Maulana Rolia, Eva Rolia, Eva Rosid, Andiana Rosydalina Putri Sahputra, Bagus Surya Saputra, Bambang T Tri Sari, Ida Yunita Selvi Wahyu Puspita Shella Rintia Shinta Amelia Siti Khoiroh Sobri, Rian Mochammad Sri Retnaning Rahayu Sri Retnaning Rahayu Sri Retnaning Rahayu, Sri Retnaning Sugiyarto Sugiyarto Suharto Suharto Suwarto Suwarto Suyanto Suyanto Suyanto Suyanto Theo, Ahmad Hadi Tri Octagina, Ferira Zemni Utami, Agustina Surya Wiraputra, Jhody Wungu Muharomi Wuri, Sela Prela Yana Apriana Yenca Tasya Vara Renca Zalvira Aprilia Putri Zuhroh, Zerina Amalia