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Journal : Jurnal Ilmiah Mahasiswa FEB

ANALISIS FISKAL DAERAH, BELANJA DAERAH DAN KINERJA EKONOMI: STUDI KASUS KABUPATEN/KOTA DI JAWA TENGAH no, Sutris; lo, Susi
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

This study analyzes the role of local government in economic performance in Central Java Province. The role of government in the economy can be seen from the analysis of the local fiscal impact on econommic performing, and local government spending on economic performance in the districts/towns in Central Java province. By using Partial Least Square analysis (PLS) was concluded that the source of local fiscal has positive influence on local government spending significant, local government spending has significant effect on economic performance as measured by statistics. Keywords: Region Fiscal Source, Expenditures, Economic Performance, Partial Least Square.
The Effect Of Local Tax Towards Local Revenue In Malang District Sangatta, Angger Wahyudian; no, Sutris
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

This study aims to determine how much the effect of local tax towards local revenue in Malang district at the year 2008 to 2012. Local tax is defined as a local source of revenue that has an important contribution to regional development. Regional development is an effort to regulate the development of the area and the local facilities. Strong regional development is sourced from a good reception area. The one source of local revenue is taxes. Taxes are very influential in the reception area. In accordance with government regulations on implementation of regional autonomy, the government itself has authorized an area to build their respective areas with funding from the area. Government must optimize the sources of funding to achieve good development. Under Law No. 33 of 2004 on Fiscal Balance between the Central Government and Local Government states that local revenue sources are: local revenue, fund balance, and other legitimate revenue. This study applies descriptive data analysis and multiple regressions, by employing computer software SPSS and Microsoft excel. The data used in this study is a time series data for the year 2008 to 2012 from January to December. The data include: local taxes, levies, result of wealth management and other legitimate revenue in Malang district. Results of the research have explained that during the period of 2008 through 2012, local taxes positively bring significant effect on the value of PAD (local revenue) in the Malang district with elasticity of 1,006%. A local tax is a positive effect on local revenue, but the regression has demonstrated that the local tax has the effect of second rank after the levies on local revenue. The largest effect for local revenue is levies. The suggestion withdrawn according to the researcher is by increasing the performance quality and productivity of duties and functions of the DPPKA Malang District in delivering the service to Taxpayers. Keywords: local tax, local revenue, regional development, DPPKA.
PENGARUH PELAPORAN KEUANGAN DI INTERNET TERHADAP REAKSI PASAR (Studi Empiris pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2011) Akhiruddin, Herdhita; no, Sutris
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

The purpose of this research is to get empirical evidence about the impact of internet financial reporting toward the market reaction that indicated on abnormal stock return, also to get empiric evidence occurrence on abnormal stock return during financial information publication and about the difference between the abnormal stock return before and after financial information published on the company’s website. This research use 58 companies which list on Indeks Kompas 100 in the year of 2011 as sample and selected by purposive sampling. This research testing three hypothesises using simple regression, one sample t-test, and wilcoxon signed rank test. The result of this research indicate that degree of financial information disclosure presented on the website is not has impact toward the market reaction. On the other side, this research also indicate the occurrence of abnormal stock return and indicate that there is difference between abnormal stock return before and after financial information published on the company’s website.   Keywords: Internet Financial Reporting, Degree of Financial Information Disclosure, Abnormal Stock Return.
PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN MANUFAKTUR YANG LISTING DI BURSA EFEK INDONESIA Ramadhan, Raga; no, Sutris
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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This study aims to examine the effect of financial performances reflected in financial ratios which are PER, EPS, DER, ROA, and ROE on stock prices of the Indonesian manufacturing companies listed in Indonesian Stock Exchange. Purposive sampling method is used to select samples and there are 120 companies chosen as samples for the period of 2009 - 2011. Statistical method that used in this study is multiple regression. The results show that all of the independent variables which are PER, EPS, DER, ROA, and ROE affect significantly the stock prices and it also finds that DER is the most influencing ratio compared others. From that result, it can be concluded that investors who will put their funds in the capital market need to consider the PER, EPS, DER, ROA and ROE in order to not loss their investment.   Key words: Financial performance, stock prices, manufacturing companies