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Analysis of the Application of the Capital Asset Pricing Model (CAPM) Method in Making Islamic Stock Investment Decisions Ramli, Anwar; Anwar, Indah Lestari
Golden Ratio of Finance Management Vol. 4 No. 2 (2024): April - September
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grfm.v4i2.635

Abstract

This study aims to analyze the application of the Capital Asset Pricing Model (CAPM) in sharia stock investment decision making, especially JII70. The research design used is a quantitative approach. The type of research used is descriptive research. This research leads to the shares of companies included in the Jakarta Islamic Index 70 (JII70) on the Indonesia Stock Exchange. The population in this study were all shares of companies listed on the Jakarta Islamic Index 70 (JII70) in the period January 2019-January 2024. The research sample was 32 JII70 stock issuers who consistently entered JII70 during the period January 2019-January 2024. The results showed that there were 14 issuers of JII70 stocks in the efficient category because they had individual stock returns greater than the expected rate of return [Ri > E(Ri)] with positive individual returns.
Financial Performance Analysis at PT. Inka Multi Solusi Consulting Ningsih, Astuti; Sahabuddin, Romansyah; Ramli, Anwar; Burhanuddin, Burhanuddin; Hamka, Rezky Amalia
Progress: Jurnal Pendidikan, Akuntansi dan Keuangan Vol 7 No 1 (2024): Progress: Jurnal Pendidikan, Akuntansi dan Keuangan
Publisher : FKIP, Universitas Banten Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47080/progress.v7i1.2975

Abstract

This research aims to assess the financial performance of the company using financial ratio analysis at PT. INKA Multi Solusi Consulting for the period 2017-2021. This research is of a quantitative descriptive type. Data analysis is carried out using financial ratio analysis, including liquidity ratios (current ratio and cash ratio), solvency ratios (debt to asset ratio and debt to equity ratio), activity ratios (fixed asset turnover and total asset turnover), and profitability ratios (return on asset and return on equity). The results of this study indicate that the financial performance of the company, as measured by the liquidity ratios, shows favorable outcomes based on the current ratio in 2020 and 2021, despite unfavorable results based on the cash ratio. Furthermore, when assessing solvency ratios using the (DAR) and (DER), the results are favorable..However, the activity ratio measured by total asset turnover is consistently decreasing, placing the company in the less favorable category. On the other hand, fixed asset turnover is in the good category. However, the financial performance for profitability ratios with return on asset and return on equity indicators indicates less favorable results
The Influence of Leadership Style and Organizational Culture on The Performance of Board of Representatives EmployeesRegional People of Jeneponto Regency Rahmat Hidayat; Ramli, Anwar; Kurniawan, Agung Widhi
Economos : Jurnal Ekonomi dan Bisnis Vol. 6 No. 2 (2023): ECONOMOS : Jurnal Ekonomi dan Bisnis
Publisher : Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Parepare

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31850/economos.v6i2.2488

Abstract

Employee performance can be seen from the aspects of quality, quantity, time and cooperation in achieving strategic goals. This study aims to determine whether leadership style and organizational culture have a significant effect on the performance of employees of the Regional People's Representative Council of Jeneponto Regency. The sampling technique uses simple random sampling (random sample) with a total of 35 people. Data collection was carried out using observation methods, questionnaires and documentation. The data analysis techniques used are simple linear regression analysis, normality test, t-test (partial) and coefficient of determination (R2). The results of the study after the data was processed with Statistical for Product and Service Solution (SPSS) showed that the results of analysis and hypothesis testing showed that Leadership Style had a significant effect on employee performance while Organizational Culture did not affect employee performance and both simultaneously affected employee performance.
Financial Performance Analysis Using The Profitability Ratio at PT. Bank Rakyat Indonesia (Persero) Tbk Period 2020-2022 Djilhamzah, Alief Salsabila; Ramli, Anwar; Dipoatmojo , Tenri S.P; Musa, Chalid Imran; Sahabuddin , Romansyah
Economos : Jurnal Ekonomi dan Bisnis Vol. 7 No. 1 (2024): ECONOMOS : Jurnal Ekonomi dan Bisnis
Publisher : Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Parepare

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31850/economos.v7i1.3202

Abstract

This study aims to determine the financial performance of PT. Bank BRI (Persero) Tbk during the 2020-2022 period. The research method used is quantitative with data collection techniques through documentation and observation, which involves financial statement data such as balance sheets and profit and loss statements prepared by Bank BRI. The data analysis technique involves the use of profitability financial ratio analysis consisting of Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). The research findings show that Return on Assets and Return on Equity are experiencing very healthy conditions, while the Net Profit Margin value shows unhealthy conditions in the performance of PT. Bank BRI (Persero)
ANALISIS RASIO KEUANGAN SEBAGAI ALAT UNTUK MENILAI KINERJA KEUANGAN PADA PT VISI MEDIA ASIA TBK PERIODE TAHUN 2016-2020 Ramli, Anwar; Dipoatmodjo, Tenri Sayu Puspitaningsih
Jurnal Manajemen Vol 3, No 1 (2023): Februari
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/jm.v3i1.48400

Abstract

Abstrak. Penelitian ini bertujuan untuk menilai kinerja Keuangan PT. Visi Media Asia Tbk dengan menggunakan analisis rasio keuangan Periode Tahun 2016-2020. Populasi dalam penelitian ini adalah laporan keuangan PT. Visi Media Asia Tbk Periode Tahun 2016-2020, sedangkan sampelnya adalah laporan neraca dan laba rugi periode 2016-2020. Pengumpulan data dilakukan dengan menggunakan dokumentasi . Tekhnik analisis data menggunakan analisis rasio keuangan yang terdiri dari likuiditas (current ratio, quick ratio, dan cash ratio), rasio solvabilitas (debt to asset ratio dan debt to equity ratio), rasio aktivitas (receivable turn over, inventory turn over, dan total assets turn over) dan rasio profitabilitas (net profit margin, return on investment dan return on equity). Hasil penelitian ini menunjukkan bahwa: 1). Hasil kinerja keuangan PT. Visi Media Asia Tbk ditinjau dari rasio likuiditas dengan current ratio, quick ratio, dan cash ratio dalam kategori kurang baik. 2). Hasil kinerja keuangan PT. Visi Media Asia Tbk ditinjau dari rasio solvabilitas dengan debt to asset ratio dan debt to equity ratio dalam kategori kurang baik. 3). Hasil kinerja keuangan PT. Visi Media Asia Tbk ditinjau dari rasio aktivitas dengan receivable turn over, inventory turn over, dan total assets turn over dalam kategori tidak baik (tidak efisien). Dan 4). Hasil kinerja keuangan PT. Visi Media Asia Tbk ditinjau dari rasio profitabilitas dengan net profit margin, return on investment dan return on equity tersebut dalam kategori tidak baik (tidak efisien).Kata kunci : analisis rasio, kinerja keuangan, rasio likuiditas, rasio solvabilitas, rasio aktivitas, rasio profitabilitasAbstract. This study aims to assess the financial performance of PT. Visi Media Asia Tbk using financial ratio analysis for the 2016-2020 period. The population in this study is the financial statements of PT. Visi Media Asia Tbk for the 2016-2020 period, while the sample is the balance sheet and income statement for the 2016-2020 period. Data collection is done by using documentation. The data analysis technique uses financial ratio analysis consisting of liquidity (current ratio, quick ratio, and cash ratio), solvency ratio (debt to asset ratio and debt to equity ratio), activity ratio (receivable turn over, inventory turn over, and total assets turn over) and profitability ratios (net profit margin, return on investment and return on equity). The results of this study indicate that: 1). The results of the financial performance of PT. Visi Media Asia Tbk in terms of liquidity ratios with the current ratio, quick ratio, and cash ratio in the poor category. 2). The results of the financial performance of PT. Visi Media Asia Tbk in terms of solvency ratio with debt to asset ratio and debt to equity ratio in the poor category. 3). The results of the financial performance of PT. Visi Media Asia Tbk in terms of the ratio of activities with receivable turn over, inventory turn over, and total assets turn over in the category of not good (inefficient). and 4). The results of the financial performance of PT. Visi Media Asia Tbk in terms of profitability ratios with net profit margin, return on investment and return on equity are in the category of not good (inefficient).Keywords : ratio analysis, financial performance, liquidity ratio, solvency ratio, activity ratio, profitability ratio 
PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP NILAI PERUSAHAAN (Pada Perusahaan Property dan Real Estate yang Terdaftar di BEI Periode 2018-2022) Satria, Satria; Ramli, Anwar; Amin, Andi Mustika
Jurnal Manajemen Vol 4, No 2 (2024): Agustus
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/jm.v4i2.61013

Abstract

Abstrak. Penelitian ini bertujuan untuk mengetahui dan menganalisis Pengaruh Profitabilitas ( ROA dan ROE) dan Leverage ( DAR dan DER ) Terhadap Nilai Perusahaan Property dan Real Estate yang Terdaftar di BEI Periode 2018-2022. Penelitian ini menggunakan metode kuantitatif yang bertujuan untuk mengetahui pengaruh variabel bebas terhadap variabel terikat dan seberapa besar pengaruh dua variabel atau lebih. Jenis data yang digunakan adalah data kuantitatif dengan sumber data sekunder yang terdiri dari data laporan keuangan Perusahaan Property dan Real Estate yang Terdaftar di BEI Periode 2018-2022 . Metode analisis yang digunakan adalah regresi linear berganda, uji t dan uji f untuk memperoleh hasil mengenai pengaruh variabel independent terhadap variabel dependen. Hasil peelitian menunjukkan bahwa secara parsial Return On Asset berpengaruh positif terhadap nilai perusahaan, Return on Equity berpengaruh Negatif terhadap nilai perusahaan, Debt to Ratio berpengaruh Positif terhadap Nilai Perushaan dan Debt to Equity Ratio Berpengaruh Positif Terhadap Nilai Perusahaan . Sedangkan secara simultan Return On Asset, Return On Equity, Debt to Ratio dan Debt to Equity Ratio  secara bersama sama berpengaruh terhadap Nilai Perusahaan .Kata kunci: Return On Asset, Return On Equity, Debt to Ratio dan Debt to Equity Ratio, Nilai  PerusahaanAbstract . This research aims to determine and analyze the influence of profitability (ROA and ROE) and leverage (DAR and DER) on the value of property and real estate companies listed on the IDX for the 2018-2022 period. This research uses a quantitative method which aims to determine the influence of the independent variable on the dependent variable and how big the influence of two or more variables is. The type of data used is quantitative data with secondary data sources consisting of financial report data from property and real estate companies listed on the IDX for the 2018-2022 period. The analytical method used is multiple linear regression, t test and f test to obtain results regarding the influence of the independent variable on the dependent variable. The research results show that partially Return on Assets has a positive effect on company value, Return on Equity has a negative effect on company value, Debt to Ratio has a positive effect on company value and Debt to Equity Ratio has a positive effect on company value. Meanwhile, simultaneously Return On Assets, Return On Equity, Debt to Ratio and Debt to Equity Ratio together have an effect on Company Value.Keywords : Return On Asset, Return On Equity, Debt to Ratio dan Debt to Equity Ratio, the value of the company 
PENGARUH LINGKUNGAN KERJA TERHADAP PRODUKTIVITAS KERJA KARYAWAN DIMASA PANDEMI COVID-19 PADA PT LONSUM BULUKUMBA Iftita Islamia Fatima; Ramli, Anwar
DECISION : Jurnal Ekonomi dan Bisnis Vol. 3 No. 2 (2022): DECISION : Jurnal Ekonomi dan Bisnis
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (448.929 KB) | DOI: 10.31850/decision.v3i2.1888

Abstract

This study aims to determine the effect of the Physical Work Environment and Non-Physical Work Environment partially or simultaneously on Employee Productivity at PT. Lonsum Bulukumba. The population in this study were permanent employees (MRP) totaling 70 people who were also the sample in this study. Collecting data using the questionnaire method (questionnaire). While the data analysis technique used is Multiple Linear Regression Analysis using two statistical test methods, namely Simultaneous Test (F-test) and Partial Test (t-test) using Statistical Product and Service Solution (SPSS). Based on the analysis results indicate that the Physical Work Environment and Non-Physical Work Environment have a simultaneous effect on Employee Productivity, which means a pleasant work environment can increase employee productivity. The Physical Work Environment has a partial effect on Employee Productivity, meaning that the conditions of a comfortable work space and work facilities and infrastructure that support work can increase Employee Productivity at work. Non-Physical Work Environment has a partial effect on Employee Productivity, meaning that conducive working conditions and harmonious employee relations can increase employee productivity at work.
ANALYSIS OF FINANCIAL FEASIBILITY OF GOAT BUSINESS CUT AS A FAMILY BUSINESS KATANGKA SUB-DISTRICT SOMBA OPU, GOWA DISTRICT Maisyaroh, Ummi; Anwar; Amin, Andi Mustika; Ramli, Anwar; Nurman
Journal Management & Economics Review (JUMPER) Vol. 1 No. 3 (2023): September
Publisher : Journal Management & Economics Review (JUMPER)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v1i3.45

Abstract

The purpose of this study was to analyze the financial feasibility of beef goat business as a family business in the Katangka Village, Somba Opu District, Gowa Regency. This type of research is a descriptive study with a quantitative approach, population and sample in this study business actors in the business of slaughtered goats in the Katangka Village, Somba Opu District, Gowa Regency. The results showed that the goat business that was run in the Katangka Village, Somba Opu District, Gowa Regency from the financial feasibility analysis was declared feasible and had economic benefits, as evidenced by the results of calculating the NVP value indicating that NVP> 0.
INVENTORY TURNOVER AND WORKING CAPITAL ANALYSIS FOR ASSESSING FINANCIAL PERFORMANCE AT PT. GUDANG GARAM Tbk LISTED ON THE IDX PERIOD 2017 – 2021 Yand. S, Britny; Ramli, Anwar; Nurman; Akbar, Abdi; Musa, Muh. Ichwan
Journal Management & Economics Review (JUMPER) Vol. 1 No. 3 (2023): September
Publisher : Journal Management & Economics Review (JUMPER)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v1i3.47

Abstract

This study aims to determine the financial performance at PT. Gudang Garam Tbk in the 2017-2021 period in terms of inventory turnover ratio and to find out the financial performance of PT. Gudang Garam Tbk in the 2017-2021 period in terms of the working capital turnover ratio. This research is a quantitative research with a descriptive approach where the subject of this research is PT. Gudang Garam Tbk. Based on the analysis that has been done, it is obtained that the value of the inventory ratio and the ratio of working capital at PT. Gudang Garam experienced fluctuations when the financial performance tested by the liquidity, solvency and profitability ratios was stated to be good, which means that the financial performance remained in good condition.
THE EFFECT OF EARNING PER SHARE (EPS), RETURN ON EQUITY (ROE) AND NET PROFIT MARGIN (NPM) ON SHARE RETURN OF CEMENT SUB-SECTOR COMPANIES LISTED ON THE IDX Riska; Ramli, Anwar; Anwar; Nurman; Amin, Andi Mustika
Journal Management & Economics Review (JUMPER) Vol. 1 No. 3 (2023): September
Publisher : Journal Management & Economics Review (JUMPER)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v1i3.49

Abstract

This study aims to determine the effect of Earning Per Share (EPS), Return On Equity (ROE), and Net Profit Margin (NPM) on Stock Returns of Cement Sub Sector Companies Registered on the IDX. This type of research is descriptive quantitative. This study uses independent variables, namely Earning Per Share (EPS), Return On Equity (ROE), and Net Profit Margin (NPM). The dependent variable is Stock Return. The data used is secondary data derived from the financial reports of cement sub-sector companies listed on the IDX in 2017-2022. The research sample was taken by purposive sampling method, so that 6 companies were obtained that met the criteria. The research data were analyzed using SPSS version 26. The results of the analysis show that partially the EPS variable has a positive and significant effect on stock returns. While the ROE and NPM variables have no significant effect on stock returns. And simultaneously the variables EPS, ROE, and NPM have no significant effect on stock returns. The results of the Adjusted R Square analysis are 0.102 which indicates that EPS, ROE, and NPM are only able to contribute to Return Shaam of 10.2%, the remaining 89.8% are influenced by other factors not examined.
Co-Authors A. St. Aisyah Nur Abadi, Rahmat Riwayat Abd. Rahman Abdi Akbar Idris Abdul Rahim Abdul Rahman Achmad Noerkhaerin Putra Adri, Mutia Tasyah Agung Widhi Kurniawan Alanti, Alanti Amalia Kasim Amalia, Hilda Nur Amiruddin Tawe Ananda Putri Rahmadani Andi Muhammad Irfan Taufan Asfar Andi Mustika Amin Andi Nurhasanah Andi Siti Nurhaliza ZL Andi Tri Rezeki Aulia Andini, HS Anwar Anwar Anwar Anwar Anwar Anwar Anwar Anwar, Indah Lestari Asfar, Andi Muhamad Iqbal Akbar Asharun, Alfahira Aslam, Annisa Paramaswary Asniwati Audia, Winda Buloto, Nabila Wulandari Burhanuddin Burhanuddin Burhanuddin Burhanuddin Burhanuddin Chalid Imran Musa Chalid Imran Musa Citra Ayni Kamaruddin Darman Manda Manda Darwani Darwani Dipoatmodjo, Tenri S. P. Dipoatmojo , Tenri S.P Djilhamzah, Alief Salsabila Dwi Anugerah Lestari Musa Erfiani Erfiani Farmawati, Eka Fauziani, Iva Handayani, Rika Hasanuddin Remmang, Hasanuddin Hasbiah, Sitti Herman, Sriyana Hety Budiyanti Hety Budiyanti Hety Budiyanti, Hety Hidayatullah, Muh Husain, Widia Ramadhany Idris, Abdi Akbar Iftita Islamia Fatima Ilma Wulansari Hasdiansa Inanna Inanna, Inanna Inaz Zahrah Idris Indah Lestari Anwar Intan Astira S Iriyamayanti Irwan, Shabrina Nurfadhilah Itra Jenitalia, Andi Nadia Julia Fitrianingsih Kamarullah Kamarullah Karmila, Yusri M. Ikhwan Maulana Haeruddin Maisyaroh, Ummi Malik, A. Jihan Rahmadani Mangean, Lilis Mansyur, Muthmainnah Maulina, Argita Sara Meliza Meliza Membela, Nelson Molvi Rahmat Ali Mrs. Ernawati Mrs. Inanna Muh Hidayatullah Muh. Ichwan Musa Muh. Yushar Mustafa Muhammad Azis Muhammad Hasan Muhammad Idris Muhammad Ilham Wardhana Haeruddin Muhammad Isfar Nur Fajar Muhammad Jafar, Muhammad Muhammad Rakib Muhammad Taufik Hidayat Mukammil, Ahmad Muliana Agus Multazam, Riana Munandar, Wahyu Musa, Muhammad Ichwan Mustajab Amrullah, Mustajab Muzdalifah Muzdalifah Najamuddin Najamuddin, Najamuddin Nanda Febry Malangi Natsir, Uhud Darmawan Ningsih, Astuti Nur Haliza Nur, Andi St. Aisyah Nur, Nia Ramadhani Nuravini Safitri Nurfarhana Nurhaedah Nurhaedah Nurhikmah Maharani Nurliana Nurliana Nurman Nurman Nurman Nurman Nurman Nursyahidah, Sumaya Nurtini Majid, Nurtini Pasau, Paesa Putri Aliyah Natasya R. Rusli Rahmat Hidayat Rahmatullah Rahmayani, Feby Ramlawati Ramlawati Rauf, Anwar Rezky Amalia Hamka Riska Romansyah Sahabuddin Ruma, Zainal Saldiaman Samsinar Samsinar Sastry Armelia Tokilos Satria Satria, Satria Siti Aizah Mahardika Amar Sitti Aisyah Sitti Nuralifah Rahmayani Sri Wulandari Syafikah, Nurul Syamsuriyati, Syamsuriyati Taslim Dangnga Tenri Sayu Puspitaningsih Dipoatmodjo Thoharoh, Muchibatut Widhi Nugraha Sumiharja Darmawinata Widya Putri Clarissa Wahid Wilma Wilma, Wilma Yand. S, Britny Yunika Priscilla Yusri Karmila Zainal Ruma Zehroh, Halimatus