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Pengaruh return on assets, non performing loan, dan loan to deposit ratio terhadap capital adequacy ratio pada bank konvensional di Indonesia Marlim, Francis; Setyawan, Ignatius Roni
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 1 No 2 (2017): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v1i2.4775

Abstract

Capital adequacy ratio becomes an indicator to assess the good performance of a bank, in carrying out its business activities every bank will strive to generate optimal capital. The purpose of this study is to analyze the effect of profitability, asset quality, and liquidity on capital and theory that can explain the reasons banks need big capital. The population in this research is several 20 groups of conventional bank book 1 until book 4 from 2011 to 2016 in the Indonesia Stock Exchange. Analysis using the panel regression with the Generalized Least Square (GLS) method is used to test their hypothesis. The analysis finds that the first return on assets has a relationship to the capital adequacy ratio significantly on banking companies. Second, non performing loan have a relationship to the capital adequacy ratio significantly on banking companies. Third, loan to deposit ratio have a relationship to capital adequacy ratio significantly on banking companies. Based on the results, the researcher suggests doing more research on the other variables to have another model.
Permodelan nilai perusahaan manufaktur sub sektor makanan dan minuman di Bursa Efek Indonesia Sugiarcu, Evan Andreas; Setyawan, Ignatius Roni
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 7 No 6 (2023): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v7i6.27257

Abstract

The purpose of the research is to identify company value that can be influenced by profitability, leverage, company size, and liquidity of the Food and Beverage sub sector which is listed on the IDX during 2017-2021. The method used in this research is quantitative. The sample collection technique uses purposive sampling. The results of this study show that there is an effect of profitability and leverage on firm value but there is no effect of firm size and liquidity on firm value. Tujuan dari penelitian untuk mengidentifikasi nilai perseroan dapat dipengaruhi oleh profitabilitas, leverage, ukuran perusahaan dan likuiditas sub sektor Makanan dan Minuman yang tercatat di BEI selama 2017-2021. Metode yang digunakan dalam penelitian ini adalah kuantitatif. Teknik pengumpulan sampel menggunakan purposive sampling. Hasil penelitian ini memperlihatkan adanya pengaruh profitabilitas dan leverage terhadap nilai perusahaan tetapi tidak ada pengaruh ukuran perusahaan dan likuiditas terhadap nilai perusahaan.
Pengaruh volatilitas harga minyak, kurs, dan BI rate terhadap indeks harga saham gabungan 2018-2022 Yohanes, Yohanes; Setyawan, Ignatius Roni
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 8 No 1 (2024): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v8i1.28396

Abstract

Macroeconomic factors that could influence IDX’s (JKSE) composite stock price index are crude oil prices, exchange rates from Rupiah to the US dollar, and BI rate. These are three independent variables that take into account several factors and situations in the world economy. The prices of crude oil are an indication of global demand. The exchange rate is based on the economic situation in Indonesia. In response to economic conditions in Indonesia, the Bank of Indonesia has a policy based on the BI Rate. These three variables indicate that when the economy is strong, the stock index also strengthens. The use of the TARCH method explains the volatilities of independent variables and their influence on dependent variables. The TARCH method is used when asymmetric volatility is present. The results of this research show crude oil prices and BI Rate positively and significantly affect the JKSE. This means when the economic condition is strong, the stock index will also be affected positively. While the Rupiah exchange rate has a negative and significant impact. This is because if the conversion rate decreases (Rupiah strengthens), it indicates that the Indonesian economy is strong. Simultaneous tests also show that all three variables influence the JKSE. These variables are examined to understand the impact of macroeconomic variables on the stock index, so readers are expected to have insights into the global economic situation before investing in stocks.
Pengaruh modal kerja dan akses pendanaan terhadap kinerja UMKM di Kecamatan Prambanan Kabupaten Klaten Putri, Aicintya Christy Susila; Setyawan, Ignatius Roni
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 8 No 1 (2024): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v8i1.28422

Abstract

This research uses a survey method to determine how the micro, small, and medium enterprises (MSMEs) working on financial management practices, which consists of working capital and access to funding on the performance of MSMEs and how the practices influence the work of MSMEs in Prambanan District, Klaten Regency. The working capital and the access to funding are independent variables, while the MSME performance is the dependent variable. This research involved micro, small, and medium enterprises (MSMEs) located in Prambanan District, Klaten Regency. Sampling used a non-probability sampling method with purposive sampling. To test validity, the Convergent Validity and Discriminant Validity values ​​are used, while to test reliability, the Composite Reliability and Cronbach’s Alpha values ​​are used. This research uses Structural Equation Modeling (SEM) and SmartPLS 4.0. The results of this research show that the variables of working capital and access to funding have a positive and significant effect on performance (MSMEs) in Prambanan District, Klaten Regency. Penelitian ini menggunakan metode survei untuk mengetahui bagaimana UMKM melakukan praktik manajemen keuangan yang terdiri dari modal kerja dan akses pendanaan dan bagaimana praktik tersebut memengaruhi kinerja UMKM di Kecamatan Prambanan, Kabupaten Klaten. Modal kerja dan akses pendanaan merupakan variabel independen, sedangkan kinerja UMKM merupakan variabel dependennya. Penelitian ini melibatkan pelaku usaha mikro, kecil, dan menengah (UMKM) yang berlokasi di Kecamatan Prambanan, Kabupaten Klaten. Pengambilan sampel menggunakan metode non-probability sampling dengan purposive sampling. Untuk menguji validitas, digunakan nilai Convergent Validity dan Discriminant Validity, sedangkan untuk menguji reliabilitas, digunakan nilai Composite Reliability dan Cronbach’s Alpha. Penelitian ini menggunakan Structural Equation Modelling (SEM), dan SmartPLS 4.0. Hasil penelitian menunjukkan bahwa variabel modal kerja dan akses pendanaan berpengaruh positif dan signifikan terhadap kinerja UMKM di Kecamatan Prambanan, Kabupaten Klaten.
Peningkatan kualitas keputusan investasi melalui literasi keuangan digital Kristian, Jonathan; Setyawan, Ignatius Roni
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 8 No 2 (2024): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v8i2.29695

Abstract

The development of information technology has changed the whole economic landscape which might have changed how to make investment decisions and those qualities. Although there's a lot of research about the relationship between financial literacy on investment decisions, there is less research on the effect of investment convenience and herding behavior specifically on digital financial assets investment. Therefore, the purpose of this research is to gain a better understanding relation of digital financial literacy, digital financial behavior, digital investment risk comprehension, digital investment convenience, and digital investment herding behavior on the quality of digital financial assets investment decisions. Data used in this research was obtained from questionnaires that distributed non-probability using the snowball method and then statically analyzed with PLS-SEM. The research found that digital financial literacy is not significantly related to digital investment decision quality, however digital investment risk comprehension and convenience of digital investment mediate digital financial literacy to this decision quality. Digital financial behavior is partially mediating digital financial literacy to digital investment risk comprehension and herding behavior in investment have no significant relation to this decision quality. Perkembangan teknologi informasi merubah struktur ekonomi secara menyeluruh hingga dapat memengaruhi cara pengambilan dan kualitas keputusan investasi yang diambil. Walaupun banyak penelitian mengenai pengaruh literasi keuangan terhadap keputusan investasi, belum banyak penelitian yang meneliti pengaruh dari kemudahan investasi dan perilaku kawanan dalam berinvestasi terutama dalam konteks investasi aset keuangan secara digital. Tujuan dari penelitian ini adalah memahami bagaimana literasi keuangan digital, perilaku keuangan digital, pemahaman risiko investasi digital, kemudahan investasi digital, dan perilaku kawanan dalam investasi digital dapat memengaruhi kualitas keputusan investasi aset keuangan digital yang diambil. Data didapat dari hasil survei yang terdistribusi non-probability dengan metode snowball yang kemudian dianalisis secara statistik dengan PLS-SEM. Penelitian ini menunjukkan literasi keuangan digital tidak berhubungan signifikan secara langsung terhadap kualitas keputusan investasi aset keuangan secara digital secara langsung, namun dimediasi oleh kemudahan investasi digital dan pemahaman risiko investasi digital. Perilaku keuangan digital memediasi secara parsial literasi keuangan digital terhadap pemahaman risiko investasi digital dan perilaku kawanan tidak memiliki pengaruh signifikan terhadap kualitas keputusan investasi tersebut.
Pengaruh corporate social responsibility, ukuran perusahaan, dan profitabilitas terhadap nilai perusahaan Situmorang, Gavrila Miranda; Setyawan, Ignatius Roni
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 8 No 3 (2024): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v8i3.30225

Abstract

This research aims to identify the influence of corporate social responsibility, company size, and profitability on company value in manufacturing sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period. Data were analyzed using panel data analysis (unbalanced panel data). The period used in the research was 5 years with 109 companies, 450 observations, and data processing using EViews 12. Samples were taken using the purposive sampling method. The results of this study indicate that corporate social responsibility and firm size have a negative and significant effect on company value. Meanwhile, profitability has a positive and significant effect on company value. Penelitian ini bertujuan untuk mengidentifikasi pengaruh corporate social responsibility, ukuran perusahaan, dan profitabilitas terhadap nilai perusahaan pada perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia periode 2018-2022. Data dianalisis menggunakan analisis data panel (unbalanced data panel). Periode yang digunakan dalam penelitian adalah 5 tahun dengan 109 perusahaan, 450 observasi, dan pengolahan data menggunakan EViews 12. Sampel diambil dengan menggunakan metode purposive sampling. Hasil penelitian ini mengindikasikan bahwa corporate social responsibility dan ukuran perusahaan berpengaruh negatif dan signifikan terhadap nilai perusahaan, sedangkan profitabilitas berpengaruh positif dan signifikan terhadap nilai perusahaan.
Pengaruh tingkat pendidikan, usia, jumlah anggota, dan gender wanita dalam board of director terhadap kinerja keuangan perbankan di saat pandemi Covid-19 Subardja, Bernard Anom Budiman; Setyawan, Ignatius Roni
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 8 No 5 (2024): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v8i5.32421

Abstract

A company’s financial performance can reflect the condition of the company, which will have impacts on many things, one of which is a consideration for investors when making investments. Companies need to ensure that their conditions remain good and they survive various situations for the sake of the continuity of the company’s operations. This cannot be separated from the role of the existing board of director. The decisions taken by the board of director will certainly determine the direction in which the company will go. Therefore, the aim of this research is to analyze the influence of education level, age, number of members, and gender of women on the board of director on the company’s financial performance. The subjects used in this research are by the criteria determined by banking companies listed on the Indonesian Stock Exchange 2016-2022. The results of research using multiple regression analysis before Covid-19 showed that the number of members, age, and gender of women did not influence while the level of education had an influence and during Covid-19 the number of members and age had an influence on the level of education while the gender of women had no influence. Kinerja keuangan suatu perusahaan dapat mencerminkan kondisi perusahaan tersebut, yang akan berdampak pada banyak hal, salah satunya adalah pertimbangan investor dalam melakukan investasi. Perusahaan perlu memastikan kondisinya tetap baik dan bertahan dalam berbagai situasi demi kelangsungan operasional perusahaan. Hal ini tidak lepas dari peran direksi yang ada. Keputusan yang diambil oleh direksi tentunya akan menentukan arah ke mana perusahaan akan melangkah. Oleh karena itu, tujuan penelitian ini adalah untuk menganalisis pengaruh tingkat pendidikan, usia, jumlah anggota, dan jenis kelamin perempuan pada dewan direksi terhadap kinerja keuangan perusahaan. Subyek yang digunakan dalam penelitian ini sesuai dengan kriteria yang ditentukan oleh perusahaan perbankan yang terdaftar di Bursa Efek Indonesia tahun 2016-2022. Hasil penelitian dengan menggunakan analisis regresi berganda sebelum Covid-19 menunjukkan jumlah anggota, umur, dan gender wanita tidak memiliki pengaruh, tingkat pendidikan memiliki pengaruh serta saat Covid-19 jumlah anggota dan umur memiliki pengaruh tingkat pendidikan, dan gender wanita tidak memiliki pengaruh.
Peran Financial Literacy sebagai Mediasi Faktor Penentu Financial Management Behavior Gen Z di Jakarta Wijaya, Josephine Christianti; Setyawan, Ignatius Roni
Jurnal Manajerial Dan Kewirausahaan Vol. 6 No. 2 (2024): Jurnal Manajerial dan Kewirausahaan
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmk.v6i2.29842

Abstract

Indonesia merupakan salah satu negara yang memiliki jumlah penduduk yang terbesar, dengan demikian akan menimbulkan beberapa generasi. Oleh karena itu, timbulnya generasi Z yang terlahir pada era Digital dapat membuat generasi Z menciptakan budaya konsumtif atau budaya hedon yang tinggi dan membuat Generasi Z yang tidak ingin ketinggalan zaman atau disebut dengan budaya FOMO, dengan adanya budaya konsumtif dapat membuat Generasi Z tidak dapat mengelola keuangannya dengan baik dan menimbulkan budaya boros. Tujuan dalam penelitian ini untuk menguji, pengaruh pada financial attitude, financial socialization, financial experience, dan financial knowledge terhadap financial management behavior yang dimediasi oleh financial literacy dalam Generasi Z pada wilayah Jakarta. Jenis penelitian ini menggunakan analisis kuantitatif dengan metode yang digunakan yaitu purposive sampling dengan penyebaran kuesioner yang dilakukan secara online dan sampel sebanyak 150 responden. SmartPLS-SEMdigunakan dalam mengolah analisis data. Hasil dari penelitian menunjukkan bahwa financial attitude, financial experience, financial knowledge memiliki pengaruh yang positif dan signifikan terhadap financial literacy. Namun, financial socialization tidak memiliki pengaruh yang signifikan terhadap financial literacy. Selain itu, Financial Literacy dapat memediasi pengaruh financial attitude, financial experience dan financial knowledge terhadap financial management behavior. Kemudian, financial literacy tidak dapat memediasi pengaruh financial socialization terhadap financial management behavior. Indonesia is one of the countries that has the largest population, thus giving rise to several generations. Therefore, the emergence of generation Z who were born in the Digital era can make generation Z create a high consumer culture or hedonistic culture and make Generation Z who do not want to be left behind or called a FOMO culture, the existence of a consumer culture can make Generation Z unable to manage finances well and creates a culture of wastefulness. The aim of this research is to examine the influence of financial attitude, financial socialization, financial experience, and financial knowledge on financial management behavior which is mediated by financial literacy in Generation Z in the Jakarta area. This type of research uses quantitative analysis with the method used, namely purposive sampling with questionnaires distributed online and a sample of 150 respondents. SmartPLS-SEM is used to process data analysis. The results of the research show that financial attitude, financial experience, financial knowledge have a positive and significant influence on financial literacy. However, financial socialization does not have a significant influence on financial literacy. Apart from that, financial literacy can mediate the influence of financial attitude, financial experience and financial knowledge on financial management behavior. Then, financial literacy cannot mediate the influence of financial socialization on financial management behavior.
THE EFFECT OF TRADE CREDIT ON COMPANY PROFITABILITY IN THE CONSUMER GOODS INDUSTRY SECTOR FOR THE PERIOD 2020-2022 Lukito, Fendy Surya; Setyawan, Ignatius Roni
International Journal of Application on Economics and Business Vol. 2 No. 3 (2024): Agustus 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i3.183-194

Abstract

The purpose of this research is to determine the effect of trade credit provision on the profitability of companies in the consumer goods industry sector from 2020 to 2022 and also to determine the effect of trade credit provision at a higher level and a lower level than the average company in the primary consumer goods industry sector on company profitability. Finally, this study will determine the effect of trade credit provision on the profitability of primary consumer goods sector companies during the COVID-19 pandemic crisis. The empirical analysis method is carried out on a sample of companies listed on the Indonesia Stock Exchange during the period 2020-2022. To test the research hypothesis, panel data analysis methodology is used with moderation of accounts receivable variables, company growth, third-party debt, bank loans, accounts payable, and dummy variables. The results showed that trade credit contributed to the profitability of the companies studied. The empirical analysis also reveals that firms can improve their profitability by increasing investment in trade receivables to a higher level than firms in their business sector. In addition, greater use of debt to suppliers and increased bank debt tend to reduce the contribution of trade receivables to firm profitability.
Faktor Penentu Price Earning Ratio Emiten Sektor Barang Konsumsi Periode 2018-2022 Tamba, Anggi Rantinus; Setyawan, Ignatius Roni
Jurnal Manajerial Dan Kewirausahaan Vol. 6 No. 4 (2024): Jurnal Manajerial dan Kewirausahaan
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmk.v6i4.32728

Abstract

Penelitian ini menginvestigasi dampak faktor-faktor kinerja keuangan terhadap nilai suatu perusahaan sektor barang konsumsi di Bursa Efek Indonesia (BEI) selama periode 2018-2022. Perusahaan barang konsumsi memiliki peran penting dalam ekonomi sebagai pemasok barang konsumsi, dan kinerja keuangan mereka tercermin dalam harga saham, yang menjadi indikator penilaian pasar dan kepercayaan investor. Selama pandemi COVID-19, sektor ini mengalami penurunan permintaan dan kompleksitas faktor eksternal seperti menurunnya tingkat daya beli masyarakat dan juga faktor ekonomi seperti kehilangan pekerjaan atau menurunnya tingkat pendapatan yang membuat hal ini menekankan relevansi integrasi keberlanjutan dalam strategi bisnis. Rumusan masalah penelitian ini memfokuskan pada pengaruh variabel-variabel seperti profitabilitas, likuiditas, solvabilitas, dan aktivitas terhadap penilaian atas suatu perusahaan sektor barang konsumsi. Metode penelitian yang digunakan adalah pendekatan kuantitatif dengan eksplorasi laporan keuangan selama periode tersebut, menggunakan metode kepustakaan dan observasi langsung pada laporan keuangan perusahaan yang terdaftar di BEI. Hasil penelitian menunjukkan bahwa EPS, ROA, dan DER secara parsial berpengaruh signifikan terhadap PER perusahaan barang konsumsi, sementara Current Ratio dan Inventory Turnover tidak memiliki pengaruh signifikan. Secara bersama-sama, kelima variabel tersebut secara signifikan memengaruhi PER perusahaan. Kesimpulan penelitian ini memberikan wawasan yang berharga bagi pelaku industri dan pemangku kepentingan pasar modal, sementara juga memberikan kontribusi akademis terhadap pemahaman kinerja keuangan perusahaan barang konsumsi di Indonesia. This research investigates the impact of financial performance factors on the value of a consumer goods sector company on the Indonesia Stock Exchange (IDX) during the period of 2018-2022. Consumer goods companies play a crucial role in the economy as suppliers of consumer goods, and their financial performance is reflected in stock prices, which serve as market valuation indicators and investor confidence. During the COVID-19 pandemic, this sector experienced a decline in demand and the complexity of external factors such as a decrease in purchasing power and economic factors like job loss or a decrease in income, emphasizing the relevance of sustainability integration in business strategies. The research problem formulation focuses on the influence of variables such as profitability, liquidity, solvability, and activity on the assessment of a consumer goods sector company. The research method used is a quantitative approach involving the exploration of financial reports during that period, using literature review methods and direct observation of financial reports of companies listed on the IDX. The research results show that EPS, ROA, and DER partially have a significant impact on the PER of consumer goods sector companies, while Current Ratio and Inventory Turnover do not have a significant influence. Collectively, these five variables significantly affect the PER of the company. The conclusion of this research provides valuable insights for industry players and capital market stakeholders, while also making an academic contribution to the understanding of the financial performance of consumer goods companies in Indonesia.
Co-Authors Agustin Ekadjaja Agustin Ekadjaja Agustin Ekadjaja Aldo Chandra Alwina Salim Alwina Salim Amerta Mardjono Andriawan Andriawan Ani Nuraini Bahtiar Usman Bernard Harland Sudiarta Calvina Calvina Carolina, Valentina Christoforus Richard Corryanti Kosasih Devney Mulia Dyah Erny Herwindiati Ekadjaja, Margarita Ellyanti Ellyanti Ernest Theodore Febrianto Sitompul Even Filipus Sugiarcu Fahditia, Amala Handarbeni Setio Wicaksono Hapsari, Claudia Gita Haris Maupa Haris Maupa Husin, Marcellino Indra Listyarti Indra Listyarti Irvandy Irvandy Jasen Sugiarto Effendy Jefferson Indra Gotama Jessyca, Jessyca Jimmy Dwi Laksono Juliana Magdalena Kristian, Jonathan Laurianto, Ferdi William Lukito, Fendy Surya Mardjono, Amerta Margarita Ekadjaja Marlim, Francis Maya Junieta Nathasya Nathasya Nicholas Jonathan Nicholas Tanada Novrida Fransisca Situmorang P. Tommy Y. S. Suyasa Patricia Kurnikova Deli Putri, Aicintya Christy Susila Rae, Olivia Beatrix Rahaditya, R. Ramli, Ishak Risma Wulan Safitri Rorlen, Rorlen Ryan Ryan Sakti Brata Ismaya Salim, Caroline Salsabila Rizqita Desmar Santoso Yohana, Jessika Sheren Danella Jieandy Situmorang, Gavrila Miranda Situmorang, Novrida Fransisca Steven Wijaya Subardja, Bernard Anom Budiman Sugiarcu, Evan Andreas Tamba, Anggi Rantinus Tanamas, Darwin Thesalonica, Tennie Timotius Timotius Valentina Carolina Veline Febri Willyanto Veren Anistasya Verrel, Christopher Vincentius G. Krisnawijaya Wasino Wasino Wijaya, Josephine Christianti Wilson Wijaya Yana, Noven Yohanes Yohanes Yolenta Precia Zenanda, Singgih Setya