Claim Missing Document
Check
Articles

Pengaruh Profitability, Liquidity, Capital Structure, dan Firm Size terhadap Firm Value Dewwy Santoso; Indra Widjaja
Jurnal Manajerial Dan Kewirausahaan Vol 4, No 1 (2022): 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.v4i1.17166

Abstract

Penelitian ini dilakukan dengan tujuan untuk mengetahui pengaruh dari profitabilitas, likuiditas, struktur modal, dan ukuran perusahaan terhadap nilai perusahaan pada perusahaan sektor consumer goods yang terdaftar di BEI periode 2015-2019. Sampel penelitian terdiri dari 38 perusahaan sektor consumer goods (190 observasi) yang terdaftar di BEI periode 2015-2019. Teknik pemilihan sampel adalah purposive sampling.  Penelitian ini menggunakan model regresi linier berganda. Hasil penelitian menunjukkan bahwa likuiditas dan struktur modal memiliki pengaruh terhadap nilai perusahaan, sedangkan profitabilitas dan ukuran perusahaan tidak memiliki pengaruh yang signifikan terhadap nilai perusahaan. This research was conducted with the aim of examining the effect of profitability, liquidity, capital structure, and firm size on firm value in consumer goods sector companies listed on the IDX for the 2015-2019 period. The research sample consisted of 38 companies in the consumer goods sector (190 observations) listed on the IDX for the 2015-2019 period. The sample selection technique is purposive sampling. This study uses multiple linear regression models. The results show that liquidity and capital structure significantly influence firm value, while profitability and firm size does not have any significant effect on firm value.
Pengaruh Return on Assets (ROA), Return on Equity (ROE), Debt Equity Ratio (DER), dan Price Earnings Ratio (PER) terhadap Return Saham Perusahaan Consumer Goods Dora Gunawan; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 5, No 6 (2021): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v5i6.14950

Abstract

The purpose of this study was to determine the effect of Return on Assets (ROA), Return on Equity (ROE), Debt Equity Ratio (DER), and Price Earnings Ratio (PER) on stock returns of consumer goods companies. The data in this study were taken from 10 consumer goods companies listed on the Indonesia Stock Exchange. The research period is 4 years, namely 2017 until the second quarter of 2020. The method used in this study is to compare the elements in the financial statements. In this study, the method used to analyze the data is multiple linear regression and hypothesis testing between the dependent variable and the independent variable. ROA, ROE, DER, and PER are independent variables, and stock returns are the dependent variable. Based on hypothesis testing, it can be concluded that ROA and DER have a significant positive effect on stock returns. ROE has a significant negative effect on stock returns. And PER has no significant effect on stock returns. While collectively all variables have a significant effect on stock returns. By knowing financial performance as an indicator for investors before investing in the capital market, fundamental analysis is still an effective tool for investors in selecting stocks. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh Return on Assets (ROA), Return on Equity (ROE), Debt Equity Ratio (DER), dan Price Earnings Ratio (PER) terhadap return saham perusahaan barang konsumsi. Data dalam penelitian ini diambil dari 10 perusahaan consumer goods yang terdaftar di Bursa Efek Indonesia. Periode penelitian selama 4 tahun yaitu tahun 2017 sampai dengan triwulan II tahun 2020. Metode yang digunakan dalam penelitian ini adalah membandingkan unsur-unsur pada laporan keuangan. Dalam penelitian ini metode yang digunakan untuk menganalisis data yaitu regresi linier berganda dan pengujian hipotesis antara variabel dependen dan variabel independen. ROA, ROE, DER dan PER adalah variabel independen, dan return saham sebagai variabel dependen. Berdasarkan pengujian hipotesis, diperoleh hasil yang dapat disimpulkan bahwa ROA dan DER berpengaruh signifikan positif terhadap return saham. ROE berpengaruh signifikan negatif terhadap return saham. Dan PER tidak berpengaruh signifikan terhadap return saham. Sedangkan secara bersama-sama semua variabel berpengaruh signifikan terhadap return saham. Dengan mengetahui kinerja keuangan sebagai indikator bagi investor sebelum berinvestasi di pasar modal, maka analisis fundamental masih menjadi salah satu alat yang efektif bagi investor dalam memilih saham.
Pengaruh Big Five Personality terhadap Investment Decision pada Perusahaan Peer to Peer Lending Helena Helena; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 5, No 3 (2021): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v5i3.11871

Abstract

Investment decision making is a crucial process that is influenced by many factors. This study aims to examine the personality traits that influence investment decisions in Peer to Peer Lending companies. Personality measurements performed by researchers using Big Five Personality Traits, with personality dimensions: Openness to Experience, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.As a result of the hypotheses testing, it was concluded that there was a significant relation between Conscientiousness, Neuroticism with investment decision. However, Openness to Experience, Extraversion, and Agreeableness did not predict investment decision. Pengambilan keputusan investasi merupakan proses krusial yang dipengaruhi oleh banyak faktor. Penelitian ini bertujuan untuk menguji sifat-sifat kepribadian yang mempengaruhi keputusan investasi di perusahaan Peer to Peer Lending. Pengukuran kepribadian yang dilakukan oleh peneliti menggunakan Big Five Personality Traits, dengan dimensi kepribadian: Openness to Experience, Conscientiousness, Extraversion, Agreeableness, dan Neuroticism.Sebagai hasil dari pengujian hipotesis, disimpulkan bahwa ada hubungan yang signifikan antara Conscientiousness, Neuroticism dengan keputusan investasi. Namun, Keterbukaan terhadap Pengalaman, Extraversion, dan Agreeableness tidak memprediksi keputusan investasi.
Analisis Pengaruh Mekanisme Good Corporate Governance, Leverage, dan Ukuran Perusahaan terhadap Tindakan Manajemen Laba pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2014-2016 Selviani Selviani; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 1, No 1 (2017): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (698.951 KB) | DOI: 10.24912/jmbk.v1i1.4763

Abstract

The purpose of this research is to test the influence of good corporate governance mechanisms, leverage, and firm size to the earnins management. This research applies good corporate governance mechanisms (with the proxy of managerial ownership, independent commissioner on the board, and audit committee), leverage, and firm size as independent variables, and earning management as dependent variable. The subject of the research is the manufacturing companies (limited to the consumer goods industry sector) which are listed in the Indonesia Stock Exchange from 2014 to 2016. The samples selection is performed by using purposive sampling method. From this method, it was collected 84 observations from 28 companies during 3 years. By using multiple regression analysis as the research method, the results shown that leverage and firm size have influenced to earning management, while good corporate governance mechanisms don’t have influence to earnings management.
Faktor-faktor yang Mempengaruhi Firm Value Cynthia Ruana; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 5, No 4 (2021): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v5i4.12805

Abstract

The purpose of this research is to examine what factors can trigger an increase in Firm Value. Therefore, this research cause Firm Value as a dependent variable and Leverage, Growth, Institutional Ownership, and Working Capital Turnover used as independent variables. Property and real estate companies listed in BEI period 2014-2018 used as a subject. The sample was determined by purposive sampling method of 38 companies. This research used Eviews program version 9.0. The results of the study indicate that Leverage and Institutional Ownership have a positive and significant impact on Firm Value, while Growth and Working Capital Turnover have a positive but insignificant impact on Firm Value. Tujuan dari penelitian ini untuk menguji factor-faktor apa saja yang mampu menjadi pemicu peningkatan nilai perusahaan. Maka dari itu, penelitian menjadikan nilai perusahaan sebagai variabel dependen dan variabel independen yang digunakan yakni Leverage, Growth, Institutional Ownership dan Working Capital Turnover. Subjek yang digunakan yakni perusahaan property and real estate yang terdaftar di BEI periode 2014-2018. Pengambilan sampel menggunakan metode purposive sampling sebanyak 38 perusahaan. Penelitian ini menggunakan aplikasi pengolah data Eviews 9.0. Hasil dari penelitian menunjukkan bahwa Leverage dan Institutional Ownership berdampak positif dan signifikan terhadap nilai perusahaan sedangkan Growth dan Working Capital Turnover berdampak positif namun kurang signifikan terhadap nilai perusahaan. 
Pengaruh Metode Economic Value Added (EVA), Return On Asset (ROA), Return On Equity (ROE), dan Debt To Equity Ratio (DER) Terhadap Return Saham Monica Faulina Fernandus; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 4, No 5 (2020): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v4i5.9233

Abstract

Performance measurement can be used to measure company's success in a certain period of time and can be used as input for improvement of the company in the future. In measuring company performance, investors usually see financial performance reflected in various ratios. Managerial work measurements rarely use value added calculation approach to the cost of invested capital. Because of the limitations and weaknesses of the ratio, EVA method emerged as a measure of company performance.This study aims to determine whether LQ45 companies in Indonesia have succeeded in adding value, so their performance is positive and which is the most significant performance evaluation methods: EVA, ROA, ROE, or DER. The research period is within 2016-2018 using Eviews 9.The results showed that although the companies are listed in the LQ45 category, the use of capital structure policies are not optimal and random effect method states DER as the most significant method for measuring company performance.
Analisis Pengaruh Ukuran Perusahaan, Leverage, Profitabilitas terhadap Manajemen Laba pada Perusahaan Consumer Goods Industry Margarhet Anggriani; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 5, No 1 (2021): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v5i1.10181

Abstract

The purpose of this research is to examine and analyze of firms size, leverage and profitability that effect earnings management. The data used in this research are from consumer goods industry company which registered in Indonesia Stock Exchange over four year from 2015 until 2018. The sample of this research consists of 23 companies from 92 data samples selected using purposive sampling method. The result of this research show indicate that firms size has a significant negative effect. Leverage has a significant positive effect. Additional result show that the profitability does not have an effect on earnings management. Tujuan dari penelitian ini untuk menguji dan menganalisis bukti empiris mengenai pengaruh ukuran perusahaan, leverage dan profitabilitas terhadap manajemen laba. Data pada penelitian ini menggunakan perusahaan consumer goods industry yang terdaftar di BEI periode empat tahun dari 2015 sampai 2018. Sampel pada penelitian ini berjumlah 23 dari 92 data yang telah diseleksi menggunakan metode purposive sampling. Hasil penelitian ini menunjukkan ukuran perusahaan berpengaruh negatif terhadap manajemen laba. Leverage berpengaruh positif. Hasil lainnya menunjukkan profitabilitas yang tidak memiliki pengaruh terhadap manajemen laba.
Pengaruh Profitabilitas, Struktur Aktiva, Ukuran Perusahaan, Likuiditas, dan Pertumbuhan Penjualan terhadap Struktur Modal Perusahaan Sektor Manufaktur yang Terdaftar di Bursa Efek Indonesia selama Periode 2014-2018 Claudia Gita Hapsari; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 5, No 1 (2021): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v5i1.10276

Abstract

The purpose of this study is to examine the effect of profitability, asset structure, company size, liquidity, and sales growth on the capital structure of the companies listed in Bursa Efek Indonesia from 2014 to 2018. This research studies 92 samples from 178 manufacturing companies. The data is processed using Eviews 9.0. The result shows that profitability, asset structure, company size, and sales growth have significant effect on the capital structure. This research also finds that profitability, asset structure, company size, liquidity, and sales growth have a simultaneous and significant effect on the capital structure of manufacturing companies in Indonesia. Penelitian ini bertujuan untuk menguji pengaruh profitabilitas, struktur aktiva, ukuran perusahaan, likuiditas, dan pertumbuhan penjualan terhadap struktur modal perusahaan manufaktur yang terdaftar sebagai emiten Bursa Efek Indonesia selama periode 2014-2018. Penelitian ini meneliti sebanyak 92 sampel perusahaan manufaktur dari total populasi sebanyak 178 perusahaan. Teknik pengolahan data yang digunakan dalam penelitian ini adalah analisis regresi berganda, diolah menggunakan Eviews 9.0. Hasil penelitian ini menunjukkan bahwa struktur aktiva, ukuran perusahaan, likuiditas, dan pertumbuhan penjualan memiliki pengaruh signifikan terhadap struktur modal. Penelitian ini juga menemukan bahwa profitabilitas, struktur aktiva, ukuran perusahaan, likuiditas, dan pertumbuhan penjualan memiliki pengaruh simultan dan signifikan terhadap struktur modal perusahaan-perusahaan manufaktur di Indonesia.
Determinan Human Capital dan Gender Direksi Terhadap Kinerja Perbankan di Indonesia Yuliana Yuliana; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 4, No 5 (2020): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v4i5.9213

Abstract

The purpose of this study was to determine the determinants of the performance of banking companies in Indonesia. It is very important for a company to manage its Intellectual Capital through Human Resources (HR), Structural and whether the quality is managed in accordance with the principles of Good Governance, so as to improve company performance (Firm Size). The dependent variable is the Average Employee Age (Um), Average Employee Education (Pend), Employee Gender Composition (GenCom), Diversity of Female Directors (GenDir), Composition of Directors to Commissioners (DirCom), Number of Company Branches (Cab), Number of Employees (Kary). Samples are 11 banking companies on the Indonesia Stock Exchange which are classified as Book III and Book IV banks that publish annual reports and financial reports for 2015-2018. A total of 44 samples.Data were analyzed using linear regression test using SPSS. The results of the study for Intellectual Capital only (Cab) and (Kary) who have a significant influence, while (Um) and (Pend) do not have a significant effect. The results for Good Governance are the (GenCom) and (DirCom) significantly influence the performance, while (GenDir) has no significant effect. In a beta test (Kary) is the variable that most influences company performance.
Pengaruh Inflasi, GDP, Kurs, dan Foreign Portfolio terhadap IHSG David David; Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 5, No 5 (2021): Jurnal Manajemen Bisnis dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmbk.v5i5.13289

Abstract

The researcher in conducting this research aims to find out how big the relationship between inflation, GDP, exchange rates, and the Foreign Portfolio on the JCI. The data used is secondary data obtained from the Indonesia Stock Exchange, the Central Bureau of Statistics, and Bank Indonesia for the period 2016-2019. The research method used is multiple linear regression using SPSS version 21. After testing, the results show that only Foreign Portfolio and Exchange Rates affect the JCI. Tujuan peneliti dalam melakukan penelitian ini yaitu untuk mengetahui seberapa besar hubungan antara inflasi, GDP, kurs, dan Foreign Portfolio terhadap IHSG. Data yang digunakan merupakan data sekunder yang didapat dari Bursa Efek Indonesia, Badan Pusat Statistik, dan Bank Indonesia periode tahun 2016-2019. Metode penelitian yang digunakan yaitu regresi linear berganda dengan menggunakan SPSS versi 21. Setelah dilakukan pengujian didapat hasil bahwa hanya Foreign Portfolio dan Kurs saja yang mepengaruhi IHSG.