Claim Missing Document
Check
Articles

Found 30 Documents
Search

PENGARUH RATING OBLIGASI DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL DENGAN DEBT TAXSHIELD SEBAGAI VARIABEL MODERASI DI PERUSAHAAN-PERUSAHAAN MANUFAKTUR YANG LISTING DI BEI TAHUN 2011-2015 Maisyaroh Maisyaroh; Edyanus Herman Halim; Rendra Wasnury
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 4, No 2 (2017): Wisuda Oktober 2017
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze Debt Tax Shield moderate the influence of bond rating on capital structure. The population in this study is a manufacturing company listed on the Indonesia Stock Exchange (BEI) period of 2011-2015. Dependent variable in this research is capital structure measured by Debt to Equity Ratio (DER), while independent variable is bond rating and firm size and moderation variable is Debt taxshield. This study has a population of 137 companies in manufacturing companies listed on the Indonesia Stock Exchange period 2011-2015. This research uses purposive sampling technique and sample which fulfill as many as 44 companies. The method of data processing using multiple regression analysis and regression of moderation. SPSS software version 21.00. The result of the research shows that the variable of bond rating has a significant positive effect to the capital structure in the manufacturing company for the period of 2011-2015. The size of the company has a significant positive effect on capital structure in the manufacturing company for the period of 2011- 2015. Debt Tax Shield does not moderate the bond rating relationship to the capital structure and is insignificant as well as with the positive variable value in the manufacturing company for the 2011-2015 period. Debt Tax Shield moderates the firm size relation to the capital structure and is significant and with the negative variable value in the manufacturing company for the period of 2011- 2015.Keywords : Bond rating, Company size, Debt Tax Shield, capital structure
PENGARUH LIKUIDITAS OBLIGASI, JANGKA WAKTU JATUH TEMPO, DAN KUPON OBLIGASI TERHADAP PERUBAHAN HARGA OBLIGASI KORPORASI DENGAN RATING OBLIGASI SEBAGAI VARIABEL MODERATING PADA OBLIGASI KORPORASI DI BURSA EFEK INDONESIA. Teti Indriyanti; Andewi Rokhmawati; Edyanus Herman Halim
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 1, No 1 (2018): Wisuda Februari 2018
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research aims to analyze the effect of Bond Liquidity (BL), Term Maturity (TM), Bond Coupon (BC) on Bond Price Changes are moderated by Bond Rating (BR). This reseacrh was conducted on companies that issue corporate bonds on the Indonesian Stock Exchange in year 2012 – 2015. This research uses the secondary data obtained from ICAMEL, IBPA, BEI. The total sample took as many as 33 corporate bonds, by using purposive sampling method. The method of processing data uses multiple regression analysis method and regression of moderation with SPSS version 21.0 Software. Based on the result of analysis showed that bond liquidity and term maturity have negative effect and significant to change of corporate bond price. The bond rating strengthens the effect of liquidity and maturity on changes in corporate bond prices. The bond coupon has no effect on changes in corporate bond prices and the bond rating does not moderate the bond coupon on changes in the price of corporate bonds.Keyword : Bond Liquidity, Term Maturity, Bond Coupon, Bond Price Changes, and Bond Rating
PENGARUH LOAN TO DEPOSIT RATIO, NON PERFORMING LOAN, DAN BIAYA OPERASIONAL PENDAPATAN OPERASIONAL TERHADAP PROFITABILITAS YANG DIMODERASI OLEH GOOD CORPORATE GOVERNANCE (STUDI KASUS PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2018) Putri Meidiana Shavira; halim herman Edyanus; Fitri fitri
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 7, No 2 (2020): (Juli - Desember 2020)
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study was aims to examine the effect of Loan to Deposit Ratio, Non Performing Loan and Operating Cost of Operating Income on Profitability with Good Corporate Governance as a moderating variable. Loan to Deposit Ratio, Non Performing Loan and Operating Cost of Operating Income are measured by using the published companies annual report, and the company's Profitability is measured by using ROA. The research method used in this research was quantitative method that aimed to examine Good Corporate Governance in moderating the effect of Loan to Deposit Ratio, Non Performing Loan and Operating Cost of Operating Income on Profitability. This research used 29 banking companies as the sample. The sample was chosen used purposive sampling that the companies must be listed in Indonesia Stock Exchange, and publishing a complete annual report and GCG report during period 2014-2018. To analysis the data, this research used Moderated Regression Analysis by using Statistical Package for the Social Sciences (SPSS). The results of this study indicate that, Loan to Deposit Ratio and Operating Cost of Operating Income have a significant yet negative effect on Profitability. while Non Performing Loan have a non significant and negative effect on profitability. Loan to Deposit Ratio, Non Performing Loan and Operating Cost of Operating Income that moderated by Good Corporate Governance have a significant and positive effect on Profitability.Keywords : Loan to Deposit Ratio, Non Performing Loan, Operating Cost of Operating Income, Good Corporate Governance, Profitability.
PENGARUH CSR DISCLOSURE DAN CAPITAL STRUCTURE TERHADAP NILAI PERUSAHAAN DENGAN KINERJA KEUANGAN SEBAGAI VARIABEL INTERVENING DI PERUSAHAAN-PERUSAHAAN MANUFAKTUR YANG LISTING DI BEI TAHUN 2011-2015 Sri Wahyuni; Edyanus Herman Halim; Rendra Wasnury
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 4, No 2 (2017): Wisuda Oktober 2017
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to determine the effect of CSR disclosure and capital structure on firm value with financial performance as intervening variable. The population in this study is a manufacturing company listed on the Indonesia Stock Exchange (BEI). The ecosystem variable in this research is capital structure and CSR Disclosure, while intervening variable is financial performance and dependent variable is firm value. This study has a population of 137 companies in manufacturing companies listed on the Indonesia Stock Exchange period 2011- 2015. This research uses purposive sampling technique and sample which fulfill as many as 44 companies. The method of data processing using multiple regression analysis and regression of moderation. SPSS software version 21.00. The results showed that CSR disclosure variable has a direct influence on financial performance. CSR disclosures have a direct influence on corporate value. Capital structures have a direct influence on financial performance. Capital structure has a direct influence on company value. Corporate value has a direct influence on financial performance. CSR disclosure has a direct influence on the value of a company mediated by financial performance. Capital structure has a direct influence on firm value mediated by financial performance.Keywords: CSR disclosure, capital structure, corporate value, financial performance
ANALISIS PENGARUH KEBIJAKAN PENDANAAN DAN LABA DITAHAN TERHADAP NILAI PERUSAHAAN DENGAN SET KESEMPATAN INVESTASI SEBAGAI VARIABEL MEDIASI (STUDI PADA PERUSAHAAN LQ-45 YANG TERDAFTAR DI BEI PERIODE 2009-2013) Maya Pidna Sari; Yulia Efni; Edyanus Herman Halim
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 2, No 1 (2015): Wisuda Februari 2015
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to know the analysis of direct and indirect effect in financing decision and retained earnings mediated by the investment opportunity set to the value of the company at the company LQ-45 listed the Indonesian Stock Exchange in period of the 2009-2013. There were 45 companies in this study that become the population LQ-45 and the sample consisting of 22 companies with the number N of data as much as 110. The sampling technique is based porposive sampling. Analysis of the data use descriptive analysis and path analysis. The result of this study indicates that financing decision effects significantly to investment opportunity set directly, retained earnings influences significantly to investment opportunity set directly, financing decision influence significantly to the value of the company directly, retained earnings effect insignificantly on firm value directly, Investment opportunity set effects significantly to firm value directly. It means that investment opportunity set is capable of mediating the relationship between financing decision and retained earnings to firm value.Keywords: financing decision, retained earnings, investment opportunity set and firm value
The Effect of Debt to Equity Ratio, Earning Per Share and Company Size on Market Value of Equity With Intellectual Capital As Moderating Variable Senja Milanda; Edyanus Halim; Enni Savitri
Indonesian Journal of Economics, Social, and Humanities Vol 4 No 1 (2022)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat Universitas Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31258/ijesh.4.1.41-54

Abstract

The purpose of this study was to examine the effect of debt-to-equity ratio, earnings per share, and company size on market value of equity. In this study, intellectual capital was used as a moderating variable. The samples in this study are companies listed in manufacturing companies in 2017-2019 periods on the IDX. Data was processed using the method of moderated regression analysis (Rev Mou1). The results of this study found that debt to debt-to-equity ratio and company size affect the market value of equity meanwhile earning per share can’t affect the market value of equity. Intellectual capital can moderate the effect of debt-to-equity ratio and company size on market value of equity. Based on the results, intellectual capital cannot moderate the effect of earnings per share on market value of equity.
Market Reaction to the Announcement of Stock Split (Study on Companies Listed on the Indonesia Sharia Stock Index) Vindy Fortuna; Edyanus H Halim; Fauzan Fathoni
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Vol 5, No 2 (2020)
Publisher : INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31258/ijeba.5.2.45-52

Abstract

Stock split is one of the corporate actions that a company can take. Corporate action is an action taken by a company that has a direct impact on share ownership of shareholders. This study aims to examine the market reaction to the announcement of stock split and see if there is a difference in abnormal returns before and after the announcement of the stock split. The population in this study are companies that are listed in the Indonesian Sharia Stock Index and conducted a stock split in 2019. This study used 8 companies that met the criteria as samples. This study used the analysis method of paired-sample t-test and Wilcoxon signed ranks test, using SPSS software to process data. The results of this study indicate that there is no difference in abnormal returns before and after stock split in the Indonesian Sharia Stock Index in 2019. This shows that there is no information contained on the stock split announcement or there is information content on the stock split but the market does not react to the announcement.
The Effect of Corporate Social Responsibility and Good Corporate Governance on Firm Value with Financial Performance as the Mediation Variable Meidy Ayu Nadia; Andewi Rokhmawati; Edyanus H Halim
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Vol 5, No 1 (2020)
Publisher : Universitas Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31258/ijeba.5.1.83-97

Abstract

The idea behind corporate social responsibility (CSR) is that companies not only have economic and legal obligation to shareholders but also obligations to stakeholders. Social responsibility (CSR) has close links with good corporate governance, like two sides of a coin; both have a strong foothold in the business world. The aim of this research was to analyze corporate social responsibility and good corporate governance to financial performance that influence the value of manufacturing companies sector basic industry and chemicals in 2015-2017, listed on the Indonesia Stock Exchange. The results of this study stated that Corporate Social Responsibility has a positive effect on financial performance, Good Corporate Governance does not affect financial performance. Corporate Social Responsibility has a positive effect on company value. Good Corporate Governance has a positive effect on company value. Financial performance has no effect on firm value. Financial performance does not mediate the relationship between Corporate Social Responsibilities to firm value. Financial performance does not mediate the relationship between Good Corporate Governance and firm value
The Effect of Return on Assets, Firm Size and Risk Management on Firm Value with Good Corporate Governance as a Mediation Variable (Empirical Study of Sharia Commercial Banks 2015-2019) Eka Purnama Sari; Andewi Rokhmawati Rokhmawati; Edyanus Herman Halim
INTERNATIONAL JOURNAL OF ECONOMICS, BUSINESS AND APPLICATIONS Vol 6, No 1 (2021)
Publisher : Universitas Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31258/ijeba.6.1.41-53

Abstract

The implementation of Good Corporate Governance aims to create added value for all interested parties through improved management performance to increase corporate value and encourage the creation of an efficient, transparent, and following statutory regulations. The research objectives in conducting this research are to analyze and determine the Return on Assets, Company Size, Risk Management, and Good Corporate Governance, which affect the Company's Value through Good Corporate Governance. The results of this study found that return on assets has a significant positive effect on good corporate governance, firm size has a significant positive effect on good corporate governance, risk management has a significant positive effect on good corporate governance, good corporate governance has a significant positive effect on firm value, return on assets has a significant positive effect on firm value. significant positive effect on firm value, firm size has a significant positive effect on firm value, risk management has a significant positive effect on firm value.
Pengaruh Kualitas Pelayanan, Kepercayaan Terhadap Kepuasan Dan Loyalitas Pasien Rawat Jalan di Poliklinik Bedah Saraf RSUD dr. Doris Sylvanus Palangkaraya Lestari Purba; Edyanus Herman Halim; Any Widayatsari
Jurnal Ekonomi KIAT Vol. 32 No. 2 (2021): Desember 2021
Publisher : UIR Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25299/kiat.2021.vol32(2).8272

Abstract

Tujuan penelitian ini adalah mengetahui pengaruh kualitas pelayanan, kepercayaan terhadap kepuasan dan loyalitas pasien rawat jalan Poliklinik Saraf RSUD dr. Doris Sylvanus Palangkaraya. Populasi dalam penelitian ini adalah poliklinik bedah saraf rawat jalan yang pernah berobat di dr. Doris Sylvanus Palangkaraya. Teknik pengambilan sampel yang digunakan adalah non-probability sampling dengan jumlah sampel 120 responden. Analisis data menggunakan analisis jalur dengan bantuan program SPSS. Hasil penelitian ini menunjukkan bahwa kualitas pelayanan berpengaruh langsung signifikan dan positif terhadap kepuasan dan loyalitas, kepercayaan berpengaruh langsung signifikan dan positif terhadap kepuasan dan loyalitas, kepuasan berpengaruh langsung signifikan dan positif terhadap loyalitas. Secara tidak langsung kepuasan berpengaruh positif dan signifikan terhadap kualitas pelayanan terhadap loyalitas dan kepuasan berpengaruh positif dan signifikan terhadap kepercayaan dan loyalitas. Untuk itu rumah sakit harus mampu meningkatkan kualitas pelayanan, kepercayaan demi terwujudnya kepuasan dan loyalitas pasien. The purpose of this study was to determine the effect of service quality, trust on satisfaction and loyalty of outpatients at the Neurology Polyclinic of RSUD dr. Doris Sylvanus Palangkaraya. The population in this study was an outpatient neurosurgery polyclinic who had been treated at dr. Doris Sylvanus Palangkaraya. The sampling technique used is non-probability sampling with a sample size of 120 respondents. Data analysis using path analysis with the help of SPSS program. The results of this study indicate that service quality has a significant and positive direct effect on satisfaction and loyalty, trust has a significant and positive direct effect on satisfaction and loyalty, satisfaction has a significant and positive direct effect on loyalty. Indirectly, satisfaction has a positive and significant effect on service quality on loyalty and satisfaction has a positive and significant effect on trust and loyalty. For this reason, hospitals must be able to improve service quality, trust in order to realize patient satisfaction and loyalty.