Garuda - Garba Rujukan Digital

FALLACY DIVERSIFICATION ACROSS TIME: PENGUJIAN TERHADAP RETURN SAHAM INDIVIDUAL Satoto, Shinta Heru; Hikmah, Khoirul
Jurnal Analisis Bisnis Ekonomi Vol 10 No 1 (2012): Volume 10, Nomor 1, April 2012
Publisher : Universitas Muhammadiyah Magelang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (201.314 KB)

Tujuan penelitian ini adalah untuk menguji kegunaan model diversiï¬ cation across time terhadap kepemilikan saham investor dengan membandingkan return rata-rata harga saham teoritis dan pengembalian rata-rata harga saham yang sebenarnya. Penelitian ini mencoba membuktikan kemungkinan kesalahan untuk model ini. Digunakannya holding period yang berbeda, untuk menunjukkan berapa lama keefektifan holding period investor memiliki saham mereka sendiri. Hasilnya menunjukkan bahwa laba rata-rata harga saham teoritis lebih lama dari pengembalian ratarata harga saham yang sebenarnya. Dan kisaran teoritis harga saham berubah lebih cepat dari kisaran harga saham yang sebenarnya. Perbedaan dari berbagai saham teoritis dan aktual harga menunjukkan bahwa masing-masing investor dapat memperoleh beberapa pengembalian dari saham mereka untuk setiap periode. Tapi, ketika investor memutuskan untuk memegang saham yang sama pada periode tersebut, mereka tidak bisa mendapatkan kembali lebih dari yang mereka bisa lakukan sebelumnya.

FALLACY DIVERSIFICATION ACROSS TIME: PENGUJIAN TERHADAP RETURN SAHAM INDIVIDUAL Satoto, Shinta Heru; Hikmah, Khoirul
Jurnal Analisis Bisnis Ekonomi Vol 10 No 1 (2012): Volume 10, Nomor 1, April 2012
Publisher : Universitas Muhammadiyah Magelang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (201.314 KB)

Tujuan penelitian ini adalah untuk menguji kegunaan model diversi? cation across time terhadap kepemilikan saham investor dengan membandingkan return rata-rata harga saham teoritis dan pengembalian rata-rata harga saham yang sebenarnya. Penelitian ini mencoba membuktikan kemungkinan kesalahan untuk model ini. Digunakannya holding period yang berbeda, untuk menunjukkan berapa lama keefektifan holding period investor memiliki saham mereka sendiri. Hasilnya menunjukkan bahwa laba rata-rata harga saham teoritis lebih lama dari pengembalian ratarata harga saham yang sebenarnya. Dan kisaran teoritis harga saham berubah lebih cepat dari kisaran harga saham yang sebenarnya. Perbedaan dari berbagai saham teoritis dan aktual harga menunjukkan bahwa masing-masing investor dapat memperoleh beberapa pengembalian dari saham mereka untuk setiap periode. Tapi, ketika investor memutuskan untuk memegang saham yang sama pada periode tersebut, mereka tidak bisa mendapatkan kembali lebih dari yang mereka bisa lakukan sebelumnya.

STRATEGI DIVERSIFIKASI TERHADAP KINERJA PERUSAHAAN Shinta Heru Satoto
Jurnal Keuangan dan Perbankan Vol 13, No 2 (2009): May 2009
Publisher : University of Merdeka Malang

The purposes of this research were to provide an empirical evidence of the influenceof diversification to the firm performance. This research used 75 manufacturer firms thatdiversified their business. It also used control variable that describe firms characteristic, such asfirm size, debt ratio, current ratio, and firm age. The empirical result showed that thediversification strategy negatively influenced firm performance. It could be because the firmin Indonesia was under the conditions of unstable economics.

PERGERAKAN HARGA SAHAM AKIBAT PERUBAHAN NILAI TUKAR, INFLASI, TINGKAT BUNGA, DAN GROSS DOMESTIC PRODUCT Shinta Heru Satoto; Sri Budiwati
Jurnal Keuangan dan Perbankan Vol 17, No 3 (2013): September 2013
Publisher : University of Merdeka Malang

The purposes of this study were to provide an empirical evidence of the influence of macroeconomic variablesand the time varying volatility phenomena on stock price. This research used manufactured firms that list onIndonesian Capital Market on 2009 until 2011 periods for the sampel. This research also used several macroeconomicsvariables such as exchange rate, inflation, BI rate, and Gross Domestic Product. The empirical resultshowed that exchange rate, BI rate, and Gross Domestic Product influenced stock price. The result also showedthat time varying volatility was happenend on stock price fluctuation. This result indicated that Indonesianstock price have high volatility on 2009 til 2011 periods

COMPETITIVE DAN CONTAGION EFFECTS DALAM TRANSFER INFORMASI INTRA INDUSTRI TERHADAP PENGUMUMAN STOCK SPLIT Shinta Heru Satoto; Hasa Nurrohim KP
Jurnal Keuangan dan Perbankan Vol 12, No 2 (2008): May 2008
Publisher : University of Merdeka Malang

The purpose of this research was to investigate the intra industry informationtransfers on stock split announcement at manufactured industries. This research would alsoinvestigate the contagion and competitive effect of the announcement and the factors thatinfluenced this effect. Result of this research showed that there was an abnormal return onsplitting and nonsplitting firms, and the competitive effects that influenced this research(industry characteristic, firms specific characteristics, earning correlation and return variance).However, those factors could not explain the information transfers. This reaction did notinfluence the earning changes of nonsplitting firms

THE EFFECT OF FINANCIAL RATIO IN THE ALTMAN Z-SCORE ON FINANCIAL DISTRESS Ayu Suci Pratiwi; Shinta Heru Satoto; Sri Budiwati Wahyu; Suprapti Suprapti
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 6, No 1 (2022): IJEBAR
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v5i4.4736

The purpose of this study is to determine the effect of financial ratio in Altman Z-Score Model, that is Net Working Capital to Total Assets, Retained Earnings to Total Assets, Earnings Before Interest Tax to Total Assets, and Book Value of Equity to Total Liability on the probability of financial distress in manufacturing companies. This research uses purposive sampling method where 39 samples companies are obtained. The criteria for financial distress in this study were measured using the Altman Z-Score. The result show that Net Working Capital to Total Assets and Book Value of Equity to Total Liability has an effect on the probability of financial distress, but Retained Earnings Total Asset and Earnings Before Interest Tax to Total Assets has no effect on the probability of financial distress

The Effect of Financial Literacy and other Determinants on the Intention to Use Electronic Money: Consumer Behavior as a Variable Mediation Shinta Heru Satoto; Hasa Nurrohim Kurniawan Putra
International Journal of Applied Business and International Management Vol 6, No 3 (2021): December 2021
Publisher : AIBPM Publisher

The purpose of this study is to investigate how financial literacy and other determinants affect the intention to use electronic money with consumer behavior as a mediating variable. The other determinants are financial capabilities, perceived benefits, and perceived ease of use. The data were collected by distributing questionnaires and analyzed using path analysis. The findings indicate financial literacy, financial capability, perceived benefits, and perceived ease of use directly influence the intention to use electronic money. Moreover, consumer behavior is able to mediate the influence of financial literacy, financial capability, and perceived ease of use, yet unable to mediate the effect of perceived benefits on intention to use electronic money.

WORKING CAPITAL MANAGEMENT BEFORE AND DURING THE COVID-19 PANDEMIC AND THEIR EFFECT ON PROFITABILITY IN MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE Shinta Heru Satoto; Hasa Nurrohim KP; Sri Budiwati WS
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 6, No 3 (2022): IJEBAR, Vol. 6 Issue 3, September 2022
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v6i3.6493

This study aims to examine differences in the company's working capital management before and during the Covid-19 pandemic and to test the effect of working capital management variables on profitability. Working capital management variables used are inventory turnover, accounts receivable turnover, cash turnover, and net working capital. The study was conducted on manufacturing companies listed on the Indonesia Stock Exchange for the period 2017 to 2021. The research period was divided into 2, namely the period before the Covid-19 pandemic in 2017, 2018, and 2019, and the period during the 2020 and 2021 pandemic. The samples used were selected by purposive sampling criteria and obtained from 143 companies as samples. The results showed that there were differences in inventory turnover and receivables turnover before and during the Covid-19 pandemic. Meanwhile, cash turnover and net working capital showed no difference before and during the pandemic. The results of the influence test show that there is a significant positive effect of receivables turnover and cash turnover on profitability, while inventory turnover and net working capital do not show a significant effect on profitability.

The Influence of Financial Literacy on Financial Satisfaction With Financial Behavior as Moderating Variable (Case Study on MSMEs in Sleman Regency, Yogyakarta) Panjaitan, Yohannes Estrada; Gusaptono, R. Hendri; Satoto, Shinta Heru
Journal of Business Innovation and Research Vol 2, No 1 (2023): Journal of Business Innovation and Research
Publisher : UPN Veteran Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31315/jubir.v2i1.9828

This study aims to explain the effect of financial literacy on financial satisfaction with financial behavior as a moderating variable. This research was conducted on SMEs in Sleman Regency, Yogyakarta with a total of 100 SMEs with the sample criteria that MSMEs have been operating for at least 1 year and provide primary needs. This study uses three variables. Data were tested using simple regression and moderated regression analysis. The results of the study show that financial literacy has a positive effect on financial satisfaction. In addition, it was found that financial behavior moderates the effect of financial literacy on financial literacy in MSMEs in Sleman Regency, Yogyakarta. This study shows that the financial literacy of MSME actors will influence their financial behaviour decisions so that the impact will be seen on their financial satisfaction.

The Effect of Financial Literacy and other Determinants on the Intention to Use Electronic Money: Consumer Behavior as a Variable Mediation Shinta Heru Satoto; Hasa Nurrohim Kurniawan Putra
International Journal of Applied Business and International Management Vol 6, No 3 (2021): December 2021
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijabim.v6i3.1326

The purpose of this study is to investigate how financial literacy and other determinants affect the intention to use electronic money with consumer behavior as a mediating variable. The other determinants are financial capabilities, perceived benefits, and perceived ease of use. The data were collected by distributing questionnaires and analyzed using path analysis. The findings indicate financial literacy, financial capability, perceived benefits, and perceived ease of use directly influence the intention to use electronic money. Moreover, consumer behavior is able to mediate the influence of financial literacy, financial capability, and perceived ease of use, yet unable to mediate the effect of perceived benefits on intention to use electronic money.

Title

Found 18 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 18 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 18 Documents
Search