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Journal : Jurnal Ilmiah Ranggagading (JIR)

Analisis Pertumbuhan Laba Terhadap Nilai Perusahaan Studi Kasus Pada PT INDOFOOD SUKSES MAKMUR, Tbk dan PT MAYORA INDAH, Tbk Sutarti, Sutarti; Sutisna, Bambang
Jurnal Ilmiah Ranggagading (JIR) Vol 12, No 1 (2012): Jurnal Ilmiah Ranggagading
Publisher : Sekolah Tinggi Ilmu Ekonomi Kesatuan

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Abstract

The objective of financial management is to maximize shareholders’ welth by increasing firm value, that is intrinsic and market value of the company. The objective can be achieved by increasing profit. The increase of profit every year means the company has profit growth. By profit growth, the company’s intrinsic and market value will have increase as well. Intrinsic value is fair value of stock based on the company’s financial performance, while stock market value is stock market prevailing in the market. The purpose of this study is to determine the effect of profit growth, as measured by net profit growth per year towards its intrinsic value as measured by earning multiplier and market value as measured by stock market price. This research was conducted from 2006 until 2010, by taking sample of two companies, namely PT Indofood Sukses Malmur, Tbk. and PT Mayora Indah, Tbk. Based on the analysis, the profit growth at PT Indofood Sukses Makmur, Tbk. could increase impact on intrinsic value and market value of the company. It was shown in the year 2009 – 2010. But in the year 2006 –2007, 2007 – 2008, and 2008 –2009 the change of profit growth was not be able to increase intrinsic and market value of the company. The profit growth at PT Mayora Indah, Tbk. could increase intrinsic and market value of the company. It was shown in the year 2006 – 2007. In the year 2008 – 2009 the profitgrowth was withheld and return on equity increased, resulting impact on intrinsic and market value of the company. It was shown in the year 2009 – 2010 as well. But inthe year 2007 – 2008 the profit growth was notable to increase intrinsic and market value of the company. The result is the profit growth at PT Mayora Indah, Tbk. has impact on intrinsic and market value better than the profit growth at PT Indofood Sukses Makmur, Tbk. has it.
Evaluasi Atas Penerapan Pernyataan Standar Akuntansi Keuangan 101 Dalam Kaitannya Dengan Kewajaran Penyajian Laporan Keuangan Pada PT. Bank Jabar Banten Syariah Sutarti, Sutarti; Budianto, Enjang Tachyan; Saesar, Adilah
Jurnal Ilmiah Ranggagading (JIR) Vol 12, No 2 (2012): Jurnal Ilmiah Ranggagading
Publisher : Sekolah Tinggi Ilmu Ekonomi Kesatuan

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Abstract

Banking industries which run their business based on sharia principles strarted formally in 1992 and growing rapidly until today. Society and all sorts of sides related to sharia banks have a high trust to sharia banks to carry out their functions and they will require qualified accounting as a responsibility. In connection with presenting and arranging of qualified and transparent financial account (financial statement) in business, Indonesia Accountants Union (IAI) has a commitment to reach it by issuing PSAK No. 101. The purpose of this study is to evaluate the application of PSAK No. 101 concerning presentation worthiness of financial account at Sharia Bank. The evaluation was conducted to find out whether financial account presentation at Sharia Bank is in accordance with applicable accounting standard, the PSAK No. 101. The study was done at Bogor Branch Office of PT Bank Jabar Banten Shariah located in Jl. Pajajaran, Bogor. Data used by the author is the financial account of PT Bank Jabar Banten Shariah 2010. The result shows that financial accounting presented at PT Bank Jabar Banten Shariah has not been fully in mutual accord with PSAK No. 101, because no agrrement in using several terminologies which are not in mutual accord with PSAK 101.