Claim Missing Document
Check
Articles

PENGARUH PERUBAHAN HARGA EMAS DUNIA DAN KURS RUPIAH PADA RETURN PASAR Umi Murtini; Sirilus Kristiyo Amijoyo
Jurnal Riset Manajemen dan Bisnis Vol 7, No 2 (2012): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2012.72.78

Abstract

This study aimed to examine the effect of gold price change and IDR exchange rate on marketreturn. Data used was weekly closing price over 2008 – 2012 period. Besed on multipleregression analysis, the results showed that gold price change had positive effect on marketreturn, while IDR exchange rate had negative effect.Keywords: gold price change, IDR exchange rate, market return.
Pengaruh Volume Perdagangan dan Retum terhadap Bid-Ask Spread Nico Yopida; Umi Murtini
Jurnal Riset Manajemen dan Bisnis Vol 2, No 2 (2007): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2007.22.194

Abstract

Bid ask spread is afunction of three components which are; order processing, inventory holding, and informational asymmetry. Although holding cost and infurmational asymmetry can not be directly obsertted and needs a specific measurement, these two costs are interesting to be examined. The present paper aims to observe empirical evidences about the relationship between trade and return as a holding cost meaurernent for bid-ask spread. The samples are drawn -fro* companies listed on Jakarta Stock Exchange (JSE and included in rneasurement factors of ILQ-45 fro* January 2004 until December 2004. Using Error Correction Model (ECM), the result shows that the relationship between a trade volume series, return, and bid-ask spread are not either relatively or absolutely having a long-term equilibrium.Keywords : Bid-ask spread, return, statianary, co-integration.
Pengaruh ESOP Terhadap Kesejahteraan Investor dengan Perubahan Return On Investment (ROI) Sebagai Variabel Intervening Umi Murtini
Jurnal Riset Manajemen dan Bisnis Vol 5, No 1 (2010): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2010.51.223

Abstract

ESOP is an alternative attempt of companies to reduce any agency cofficts and to increase their bwestors' welfare. This research is aimed at finding the influence of the ESOP on the investors' welfare throagh the improvement of the ROI as the interttening voiable. The investors' welfore is seen from the price fluetuation af the shares (return on shores). This study indicates that the ESOP has a direct and an indirect influence on the price fluctuation of the shares (as the indicators of the irruerstors' weWe). The indirect influerce of the ESOP on the pricefluctuation of the shares is throughthe ROI, sa it is evident that the ROI as the interventingvariable of the ESOP influences the changes of the price of the shmes.Keywordt: ESOP, ROI, the price of share, irwestors'welfme
Pengaruh Perubahan Variabel Ekonomi Makro terhadap Perubahan Kesehatan Perusahaan Manufaktur Umi Murtini; Nathalia Dewi
Jurnal Riset Manajemen dan Bisnis Vol 1, No 1 (2006): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2006.11.184

Abstract

This research examines the influence of macro economicvariables changing toward corporate pedormonce changing and macro economic variables. The value of c.orporate condition counted based on averoge industry of corporate pedormlance.This research uses the model of multiile regression with pooleddata. Dependent variable is the corporate performance changing and independent variables are macro economy variables.The result of this researclt shows that macro economic variablesinfluence the changing of manufocture corporate performance at alpha 1%. The most influence variable towards the changing of corporate performonce is a changing on American dollar toward rupiah.Keywords: corporate performance, financial ratio, and macro economic variables
Transfer Informasi Intra Industri atas Pengumuman Laba Perusahaan di Bursa Efek Jakarta Umi Murtini; Bilty Anthoni Parinsi
Jurnal Riset Manajemen dan Bisnis Vol 3, No 1 (2008): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2008.31.201

Abstract

This research examines the existence of inter-induxry information on earning announcement especially for companies within specific sector. The sample is derived from companies which announce their earning on 2003 until 2005. Further, the sample is divided into two groups, namely, control sample and treatment sample. The result shows that earning announcement wkich contains good news will be positively responded by the investor. On the contrary, the bad news on earning announcement will be negatively responded. Baised on the result, it can conclude that inter-industry information exist on earning announcement.Keywords: Inter-industry, earning announcement, good news, bad news
Pengaruh Ownership Structure Terhadap Nilai Perusahaan Dengan Firm Size Sebagai Pemoderasi Hendrik Wijaya; Umi Murtini
Jurnal Riset Manajemen dan Bisnis Vol 4, No 1 (2009): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2009.41.212

Abstract

The objective of this research is to examine the effect of ownership sttacture on firm value.  It is also aimed to examine the moderating effict of firm size on the relationship betweenownership structure and firm value. Using all public listed companies on Indonesia Stock Exchange in 2000-2006 as the sample, the result shows that firm size fail to demonstrate itsmoderating effect on the relationship between ownership structure andfirm value.Keywords: Ownership structure, firm value, firm size,
Pengaruh fnvestntent Opportunity Cost (IOS) terhadap Harga Saham dengan Earning Per Share (EPS) sebagai Variabel Pemoderasi Umi Murtini; Ferik Wijaya
Jurnal Riset Manajemen dan Bisnis Vol 4, No 2 (2009): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (27228.898 KB) | DOI: 10.21460/jrmb.2009.42.215

Abstract

When Investors want to hry stock on the stock market, they will aamine the arnount of the stock dividend share. It relates n the iwestment opportunity set QOS).This research employed some techniques in measuring IOS, i.e. Markct Yalue of Assets to BookYalue of Assets (MYABYA), Markct Value of Equity toBook Value of Equity (Ifi/EBW), Finn Yalue to Book Yalue of Property,  Plant And EEipnent (WPE), Price Earning Ratio (PER), Capital Expendim.re to Market Yalue of Assets (CAPMIIA) and Capital Expenditure to B ook Yalue of Assets (CAPBVA).By employtng common factor analysis, this research took 67 companies as the sample. Arnong these, 30okwere taken as the companies that had high IOS and 30% as the companies which had low IOS. The research analysis of the whole sample and those which had low IOS, showed that the dividend per share, together with IOS, became a moderating variable, whichinfluenced the stock price. Whereas, the analysis of those from the high IOS *plained that dividend per share wos not a moderatingKeywords: Investnent Opportunity Set QOS), Dividendper Share, Prory IOS
DETERMINAN CASH HOLDING BANK YANG TERDAFTAR DI BURSA EFEK INDONESIA Umi Murtini; Mathew Julius Ukru
Jurnal Riset Manajemen dan Bisnis Vol 16, No 1 (2021): Jurnal Riset Manajemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2021.161.368

Abstract

ABSTRAK Penelitian ini bertujuan untuk menguji pengaruh arus kas, modal kerja bersih, leverage, dan pembayaran dividen terhadap cash holding pada perusahaan bank yang terdaftar di Bursa Efek Indonesia tahun 2015-2019. Pengambilan sampel dilakukan dengan teknik purposive sampling. Jenis penelitian ini adalah penelitian asosiatif dengan pendekatan kuantitatif, analisis data yang digunakan adalah uji asumsi klasik dan regresi linier berganda. Hasil penelitian ini menunjukkan bahwa Leverage berpengaruh signifikan terhadap cash holding dengan nilai signifikan sebesar 0,0366. Sedangkan variabel arus kas, modal kerja bersih, dan pembayaran dividen tidak berpengaruh signifikan terhadap kepemilikan kas.Kata kunci: cash holding, arus kas, modal kerja bersih, pembayaran dividen ABSTRACT This research aims to examine the effect of cash flow, net working capital, leverage, and dividend payment on cash holding of bank companies listed on the Indonesia Stock Exchange in 2015-2019. Sampling was done using purposive sampling technique. The type of research is associative research with a quantitative approach, the data analysis used is the classical assumption test and multiple linear regression. The results of this study indicate that leverage has a significant effect on Cash Holding with a significant value of 0.0366. Meanwhile, the variables of cash flow, net working capital, and dividend payment have no significant effect on cash holding.Keywords: cash holding, cash flow, net working capital, dividend payment
PENGARUH PROFITABILITAS, LIKUIDITAS, KEPEMILIKAN PUBLIK DAN REPUTASI KAP TERHADAP KETEPATAN WAKTU PELAPORAN Umi Murtini; Yusefin Puspa Tirtaningrum
Jurnal Riset Manajemen dan Bisnis Vol 9, No 1 (2014): Jurnal Riset Manajemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (534.268 KB) | DOI: 10.21460/jrmb.2014.91.226

Abstract

Ketepatan waktu merupakan karakteristik penting dalam pelaporan laporan keuangan disamping laporan pokok dan catatan atas laporan keuangan. Keterlambatan publikasi laporan keuangan dapat mempersulit penggunanya.Tuntutan ketepatan waktu dalam penyampaian laporan keuangan perusahaan publik di Indonesia telah diatur dalam UU No. 8 tahun 1995 tentangpasar modal dan keputusanKetua BAPEPAM No.36/PM/2003 tentang kewajiban menyampaikan laporan keuangan berkala.Tujuan penelitian ini adalah menguji pengaruh profitabilitas, likuiditas, kepemilikan publik, dan reputasi KAP terhadap ketepatan waktu pelaporan laporan keuangan. Pengujian menggunakan analisis regresi logistik. Hasil pengujian menunjukan bahwa variable profitabilitas, likuiditas, dan reputasi KAP tidak berpengaruh terhadap ketepatan waktu pelapora laporan keuangan, sedangkan kepemilikan public berpengaruh terhadap ketepatan waktu pelaporan laporan keuangan. Kata kunci: timeliness, reputasi KAP, laporan keuangan
Pengaruh Ketepatan Waktu Publikasi t aporan Keuangan tcrhadap Cumulative Abnormal Return (Car) Perusahaan Go Publik di Indonesia Togu Parulian Togatorop; Umi Murtini
Jurnal Riset Manajemen dan Bisnis Vol 5, No 1 (2010): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2010.51.221

Abstract

This research is aimed at evaluating the effect of on-time publication of financial rryorts to Bapepam on the cttmulative abnormal return. The ianples were-the manufacture companies listed in BEI (Indonesia Stock ExchongQ and their respecfive profits durtuS 2004-2007. The result of the auluation prwes that on-time publication of financial reports has an influence on the cumulative abnormal return.Keywords : on-time, c'tnnalative abnormal return