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ANALISIS KEBANGKRUTAN DENGAN MENGGUNAKAN MODEL ALTMAN Z-SCORE PADA PERUSAHAAN ASURANSI YANG GO PUBLIC DI BURSA EFEK INDONESIA ( PERIODE TAHUN 2010 – 2013 ) ., Syilviana; Rachmawati, Titiek
JEB17 : Jurnal Ekonomi dan Bisnis Vol 1 No 01 (2016)
Publisher : Fakultas Ekonomi Universitas 17 Agustus 1945 Surabaya, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.1234/jeb17.v1i01.637

Abstract

The insurance company is a non-bank financial institutions which have a role thatis not much different from the bank, which is engaged in the service provided to thecommunity in addressing the risks that will occur in the future. The company wasfounded with the hope of generating profits so that they can survive in the long term forthe infinite. In order for the survival of a company is maintained, then the managementshould be able to maintain or even more spur increased performance. Various analyzeswere developed to predict the beginning of the bankruptcy of the company. One analysisis widely used today is the analysis of Altman Z-Score, which this analysis refers to thefinancial ratios of the company. The purpose of this study was to analyze the bankruptcyof the insurance companies that go public in Indonesia Stock Exchange year period 2010– 2013. This study used a sample of four companies from the insurance sector. Source ofdata is done by using secondary data. The data is processed b the method of the Z-scoreformula Z = 1,2X1 + 1,4X2 + 3,3X3 + 0,6X4 + 1,0X5. With the description of Z < 1,81the company categorized into companies that will be bankrupt, the value Z 1,81 < 2,99then the company is considered to be in the grey area of bankrupt enterprises thepossibility area and some are not, and the value of Z > 2,99 then the company is in a veryhealthy state so that the probability of bankruptcy is very little going on. In general, theresults of these studies indicate that the four insurance companies namely PT AsuransiBintang year 2010 value of Z = 0,798 year 2011 value of Z = 1,212 year 2012 value of Z= 1,732 year 2013 value of Z = 1,819, PT Asuransi Harta Aman Pratama year 2010 valueof Z = 2,221 year 2011 value of Z = 1,601 year 2012 value of Z = 1,622 year 2013 valueof Z = 1,701, PT Bina Dana Artha year 2010 value of Z = 2,015 year 2011 value of Z =1,461 year 2012 value of Z = 1,667 year 2013 value of Z = 1,840, dan PT Multhi ArthaGuna year 2010 value of Z = 2,502 year 2011 value of Z = 2,619 year 2012 value of Z =2,633 year 2013 value of Z = 2,761, showed unfavorable results are categorized intocompanies that are in the grey area and the area of bankruptcy.Keywords : Financial Ratio Analysis, Analysis of bankruptcy, Altman Z-Score Analysis,Insurance Company, Go Public
PENGARUH TINGKAT BUNGA DEPOSITO DAN RETURN SAHAM TERHADAP VOLUME PENJUALAN SAHAM PERUSAHAAN FARMASI DI BURSA EFEK INDONESIA Rachmawati, Titiek
DiE: Jurnal Ilmu Ekonomi dan Manajemen Vol 6 No 2 (2010)
Publisher : Program Doktor Ilmu Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/die.v6i2.133

Abstract

The purpose of this research is to know the Time Deposit Rate, Stock Return that influence simultaneously or partially to the Sales Volume  in Indonesia Stock Exchange.        The research is causal comparative the data resource that were used from pharmaceuticals aunual report 2005 until 2007 from Indonesia Stock exchange . According to the criteria in this research, the samples are 5 pharmaceuticals  in industrial pharmaceuticals. For analysing the model and testing the research hypotheses, we used multiple linear regression analysis statistic method.          Based on the research result and the hypotheses test, we can conclude as follow : 1)   Time Deposit Rate, and Stock Return influence simultaneausly to the Sales Volume2)   Stock Return influence partially to the Sales Volume while Time Deposit Rate had proved not influence. Keywords : Time Deposit Rate, Stock Return, Sales Volume
PENGARUH RETURN ON ASSETS (ROA), RETURN ON EQUITY(ROE), NET INTEREST MARGIN (NIM) DAN RASIO BIAYA OPERASIONAL PENDAPATAN OPERASIONAL (BOPO), TERHADAP HARGA SAHAM BANK DI BURSA EFEK INDONESIA. Rachmawati, Titiek
DiE: Jurnal Ilmu Ekonomi dan Manajemen Vol 6 No 1 (2009)
Publisher : Program Doktor Ilmu Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/die.v6i1.91

Abstract

The purpose of this research is to know the ROA (Return On Assets), ROE (Return On Equity), NIM (Net Interest Margin) and BOPO ratios that influence simultaneously or partially to the shares price in Indonesia Stock Exchange.The research is causal comparative the data resource that were used from bank aunual report 2003 until 2008 from Indonesia Stock exchange . According to the criteria in this research, the samples are 10 banks in industrial banking. For analysing the model and testing the research hypotheses, we used multiple linear regression analysis statistic method.             Based on the research result and the hypotheses test, we can conclude as follow : 1)   ROA, ROE, NIM and BOPO ratios influence simultaneausly to the shares price. 2)   ROA, ROE, and BOPO ratios influence partially to the shares price while NIM ratio had proved not influence. Key words : ROA (Return On Assets), ROE ( Return On Equity), NIM ( Net                     Interest Margin), BOPO ratio, shares price.
PENGARUH KEPEMILIKAN INSTITUSIONAL, MAKRO EKONOMI, INVESTMENT OPPORTUNITY SET TERHADAP NILAI PERUSAHAAN (Studi Kasus Pada Badan Usaha Milik Negara Sector Perbankan Periode 2014-2016) Umbaran, Dita Faradhila; Rachmawati, Titiek
JEA17: Jurnal Ekonomi Akuntansi Vol 5 No 1 (2020): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jea17.v5i1.4118

Abstract

ABSTRACTThis study aims to determine the effect of Institutional Ownership, Macro Economic, Investment Opportunity Set Against Corporate Value "(Case Study On State- Owned Enterprises Banking Sector Period 2014-2016)". Hypothesis in this research is institutional ownership, macro economy, investment opportunity set. This study uses secondary data that is the annual financial statements (Annual Report) listed on the Indonesia Stock Exchange (BEI). Population in this research is all company of banking sector of special finance of BUMN listed in Indonesian Stock Exchange (BEI) year 2014-2016 as many as 4 company for 3 years. Based on Nonprobability Sampling method, sampling technique in this research use saturated sampling technique where all members of the population are sampled. The data retrieval technique used in this research is documentation and literature study. Data analysis technique used is Partial Least Square (PLS). The result of the analysis shows that the variable of institutional ownership have significant effect to firm value, macro economy have significant effect to company value, and investment opportunity set have significant effect to firm value.From the results of this study can be concluded that institutional ownership, macro economic, investment opportunity set significant effect on corporate value. The researcher's suggestion for further research is expected to be done in other sectors, such as manufacturing, service companies or all companies listed on BEI. It is possible to give results comparative influence of previous research. From the results of research for investors is expected to provide information for the management of companies and shareholders in the relationship agency problems. 
ANALISIS PERANAN SISTEM INFORMASI AKUNTANSI MANAJEMEN DAN SISTEM PENGENDALIAN MANAJEMEN DALAM MENINGKATKAN KINERJA PERUSAHAAN PADA PT. ASKRINDO CABANG SURABAYA Oktavianty, Mufidah Sahla; Rachmawati, Titiek
Jurnal Ilmu Akuntansi Vol 7 No 1 (2024): JAZ:JURNAL AKUNTANSI UNIHAZ
Publisher : Universitas Prof.Hazairin,SH Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32663/mx9dyb13

Abstract

The purpose of the study is the role of management accounting information systems and management control systems in improving company performance at PT Askrindo Surabaya Branch. In this research design, the goal is to analyze employee performance at PT Askrindo Surabaya branch with a focus on the Management Accounting Information System and Management Control System. This research uses descriptive methods with a qualitative approach, and primary data collected through observation, interviews and documentation. PT Askrindo Surabaya Branch which is located at Jalan Biliton No. 30, Gubeng, Kec. Gubeng, Surabaya City, East Java The results of this study are used to determine the role of SIAM characteristics consisting of “broadscope”, “timeliness”, “aggregation”, and “integration” have been applied in various aspects of company operations. Broadscope characteristics of internal and external information have been covered both from the head office and each division such as Finance&Accounting, HR & General, Claims & Subrogation, and Marketing. Timeliness characteristics in the form of reports to branch heads are carried out once a year, information is obtained and reported by each division on a weekly or monthly basis. Aggregation characteristics in the form of reports from each division are carried out periodically, either weekly, monthly, or annually.Integration: Each division makes records through their respective systems such as ACS, FMS, and AIR.  To store all the data that has been recorded into the system as well as measure the decisions taken, checking financial statements and services to credit customers.
ANALISIS PENERAPAN CSR PADA PT VARIA USAHA BETON SIDOARJO SEBAGAI BENTUK TANGGUNGJAWAB TERHADAP LINGKUNGAN SEKITARNYA Kotimah, Kusnul; Rachmawati, Titiek
Jurnal Manajemen, Akuntansi, Ekonomi Vol. 2 No. 3 (2024): Jurnal Manajemen, Akuntansi, Ekonomi
Publisher : CV. Era Digital Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59066/jmae.v2i3.607

Abstract

Tujuan dari penelitian ini adalah untuk mengetahui dan menganalisis penerapan akuntansi pertanggungjawaban sosial (Corporate Social Responsibility) serta bentuk aktivitas program Corporate Social Responsibility yang dilaksanakan PT Varia Usaha Beton Sidoarjo.Metode analisis yang digunakan dalam penelitian ini adalah metode deskriptif kualitatif. Data yang digunakan menggunakan data primer dan sekunder, maka teknik pengumpulan data yang digunkanan peneliti adalah dengan cara observasi, wawancara, dokumentasi serta menganalisis data dari perusahaan. Hasil penelitian yang diperoleh adalah, Penerapan program CSR (Corporate Social Responsibility) pada PT Varia Usaha Beton sudah dilaksanakan, dalam pelaksanaan program CSR PT Varia Usaha Beton memiliki beberapa langkah penerapan yakni pertama melakukan perencanaan agar kegiatan atau program CSR yang dilaksanakan oleh perusahaan sesuai dengan tujuan yang ingin dicapai, kedua melakukan pelaksanaan yang merupakan tahapan inti yaitu suatu tindakan atau aksi nyata penerapan CSR, ketiga, melakukan evaluasi untuk menilai setiap aktifitas agar seluruh kegiatan program CSR sesuai dengan yang telah direncanakan. PT Varia Usaha Beton sendiri telah melaksanakan tanggung jawabnya melalui aktivitas-aktivitas sosial yang telah dilakukan dan biaya-biaya sosial yang telah dikeluarkan, akan tetapi PT Varia Usaha Beton tidak melakukan pencatatan secara memadai terhadap Corporate Social Responsibility setiap tahunnya atau bisa dibilang belum ada laporan akuntansi pertanggung jawaban secara khusus.
Bibliometric Analysis on the Use of Artificial Intelligence in Improving the Efficiency of Banking Financial Processes in Southeast Asian Countries Khuan, Hendri; Judijanto, Loso; Rachmawati, Titiek; Tanjung, Tia; Vandika, Arnes Yuli
West Science Interdisciplinary Studies Vol. 2 No. 01 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i01.597

Abstract

This bibliometric analysis delves into the utilization of Artificial Intelligence (AI) in enhancing the efficiency of banking financial processes within Southeast Asian countries. With the banking sector in Southeast Asia undergoing rapid technological transformation, AI has emerged as a pivotal force, promising improvements in operational efficiency, risk management, and customer experience. By analyzing the scholarly landscape, including citation metrics, network visualizations, trend analysis, and density visualization, this research uncovers key themes and trends in the adoption of AI in banking across the region. The study not only offers valuable insights into the evolving research domain but also provides guidance for academics, practitioners, and policymakers aiming to shape the future of financial processes in Southeast Asia.
Optimasi Produksi Dengan Penerapan Teknologi Tepat Guna Pada UMKM Bawang Goreng Khalisa Di Surabaya Rahmiyati, Nekky; Rachmawati, Titiek
Jurnal Pengabdian Harapan Bangsa Vol. 2 No. 2: Mei 2024
Publisher : PT. Bangun Harapan Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56854/jphb.v2i2.181

Abstract

Optimalisasi Produksi menggunakan Teknologi Tepat Guna adalah serangkaian langkah yang dirancang untuk meningkatkan produktivitas dalam sistem produksi. Dan kegiatan ini adalah merupakan kegiatan pengabdian masyarakat yang ditujukan kepada UMKM mitra yaitu UMKM bawang goreng dengan memberikan teknologi berupa deep fryer dan spinner agar terjadi pengurangan waktu produksi, peningkatan kapasitas produksi, peningkatan kualitas produk, semuanya dengan biaya produksi yang lebih rendah. Dengan demikian, optimasi produksi merupakan strategi yang penting bagi perusahaan untuk meningkatkan daya saing dan efisiensi operasional mereka.
PENGARUH GOOD CORPORATE GOVERNANCE, SALES GROWTH DAN FIRM SIZE TERHADAP KINERJA KEUANGAN Laksmanta, Ananda Mitsa Ghalizha; Rachmawati, Titiek
Jurnal Ilmiah Manajemen, Bisnis dan Kewirausahaan Vol. 3 No. 2 (2023): Juni: Jurnal Ilmiah Manajemen, Bisnis dan Kewirausahaan
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jurimbik.v3i2.453

Abstract

This study aims to analyze the effect of good corporate governance, sales growth and firm size on financial performance. The population of this study is Heavy Construction and Civil Engineering companies listed on IDX in 2018-2021 totaling 25 companies. The way of collecting data is using document study and the sampling is using purposive sampling.  Based on the result of hypothesis testing on good corporate governance, the original sample value (O) is 0.022 with a t-statistic value of 0.148 < 1.96 and p-values of 0.882 > 0.05. These result indicate that H1 is rejected because good corporate governance has no significant effect on financial performance. The result of the sales growth test show that the original sample value (O) is 0.525 with a t-statistic value of 3.123 > 1.96 and a p-value of 0.002 < 0.05. These result indicate that H2 is accepted because sales growth has a significant positive effect on financial performance. Meanwhile, for firm size, the original sample value (O) is -0.442 with a t-statistic value of 3.867 > 1.96 and p-value of 0.000 < 0.05. These result indicate that H3 is accepted because firm size has a significant negative effect on financial performance.
Operating Capacity, Sales Growth, dan Operating Cash Flow Terhadap Nilai Perusahaan dengan Financial Distress Sebagai Variabel Intervening Neezmadevi, Kallyana Tantri; Rahmiyati, Nekky; Rachmawati, Titiek
REVITALISASI : Jurnal Ilmu Manajemen Vol 12 No 2 (2023): REVITALISASI : Jurnal Ilmu Manajemen
Publisher : Universitas Islam Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32503/revitalisasi.v12i2.4084

Abstract

This study examines the effect of operating capacity, sales growth, and operating cash flow on company value with financial distress as an intervening variable in transportation companies listed on the Indonesia Stock Exchange (IDX) for 2017-2021. This type of research is quantitative research. The sample population for this study are 12 transportation companies listed on the Indonesia Stock Exchange in 2017-2021 which have minus profits or have suffered losses for 2 (two) consecutive years. The method used in this research is Partial Least Square (PLS) version 4.0.9.3. The results of the study show that operating capacity has no significant effect on financial distress; operating capacity has a significant effect on firm value; sales growth has no significant effect on financial distress; sales growth has a significant effect on company value; operating cash flow has no significant effect on financial distress; operating cash flow has no significant effect on firm value; financial distress has no significant effect on firm value; financial distress is not able to moderate operating capacity on company value; financial distress is not able to moderate sales growth on company value; and financial distress is not able to moderate operating cash flow on firm value.