Dika Zanuar Virgantara
Jurusan Ekonomi, Manajemen dan Bisnis, Universitas Darul Ulum Islamic Centre Sudirman GUPPI

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FAKTOR DETERMINAN PERGERAKAN HARGA SAHAM ISLAMIC INDEKS PERIODE 2008 – 2018 Dika Zanuar Virgantara; Eka Handriani
JURNAL STUDI MANAJEMEN ORGANISASI Vol 17, No 2 (2020)
Publisher : Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (373.925 KB) | DOI: 10.14710/jsmo.v17i2.40212

Abstract

This study aims to determine the effect of EPS, NPM, DER, CR and PER on stock prices on the Jakarta Islamic Index (JII) for the period 2008-2018 listed on the Indonesia Stock Exchange. This type of research is causal associative research. The research population is 30 companies. The sampling technique is a purposive sampling technique and obtained a sample of 16 companies. Data analysis methods used are correlation, regression, determination, t test and F test. The results of the study show that partially EPS and NPM variables partially have a significant effect on stock prices, while DER, CR and PER variables partially have no significant effect and have a direction negative towards share prices on the Jakarta Islamic Index (JII) for the period 2008-2018 listed on the Indonesia Stock Exchange.
PENGARUH UKURAN PERUSAHAAN, LEVERAGE, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PAPAN UTAMA (Yang Terdaftar Dalam Bursa Efek Indonesia Tahun 2014-2018) Dika Zanuar Virgantara
JURNAL STUDI MANAJEMEN ORGANISASI Vol 17, No 1 (2020)
Publisher : Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jsmo.v17i1.38731

Abstract

Maximizing firm value is the main goal of the firm. The high value of the firm indicates that the firm is able to maintain business continuity and can improve the welfare of shareholders. So that investors are interested in investing their capital in firm’s that have high firm value. Several previous studies have shown different results regarding the value of the company. Therefore this study was conducted to re-examine the theory of the firm value, and to determine the effect of company size, leverage, and profitability on the value of the main board companies listed on the Stock Exchange in the 2014-2018 period.This study uses a causal associative method with a quantitative approach, the data used are secondary data from the reports of the main board firms listed on the Indonesia Stock Exchange in the 2014-2018 period obtained by 107 firms with purposive sampling techniques and analyzed using eviews 10. Data testing techniques used is descriptive statistical analysis, classic assumption test, correlation test, regression test, coefficient of determination analysis, and hypothesis testingThe results of the analysis show that the firm size variable produces a tcount (1.222) <ttable(1.974), and a significant value (0.221> 0.05) it means that the firm size partially has no effect on the firm value. Leverage variable produces a tcount (6,020)> ttable(1,974), and a significant value (0,00 <0.05), it means that leverage partially has a significant effect on the firm value. The profitability variable produces a tcount(12,965)> ttable(1,974), and a significant value (0,00 <0.05), it means that profitability has a partially significant effect on firm value. From testing all the independent variables simultaneously obtained fcount(61.079)> ftable(2.62), and the level of significance (0.00 <0.05). This shows simultaneously the variables of firm size, leverage, and profitability together affect  of the firm value main board contained on the Indonesia Stock Exchange period 2014-2018.