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DETERMINAN TINGKAT BAGI HASIL DEPOSITO MUDHARABAH PERBANKAN SYARIAH DI INDONESIA Huzein Satrio Prasetyawan; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 6 No. 12 (2019): Desember-2019
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol6iss201912pp2422-2434

Abstract

The purpose of this research is to analyze the effect of Return On Assets, SBIS, IPI, and Exchange Rate toward the rate of return mudharabah deposits islamic bank industries in Indonesia start from January 2012 until December 2017. This research use quantitative approach. The analysis method used in this research is Vector Error Correction Model. This research used saturation sampling, the data in this study are secondary data obtained from OJK, BI, and BPS. The results showed that Return On Assets, IPI, and Exchange Rate have a significant effect on the profit sharing rate of mudharabah deposits in the long term and have no significant effect in the short term. While the SBIS variable does not significantly influence the level of profit sharing of mudharabah deposits in the long and short term. Then the biggest influence that influenced the development of Islamic banks in Indonesia in the 2012-2017 research period was the exchange rate.Keywords : Islamic Banking, ROA, SBIS, IPI, Exchange Rate, Rate of Return Deposito Mudharabah, Vector Error Correction Model.
THE EFFECT OF INTELLECTUAL CAPITAL ON COMPANY DEVELOPMENT AND FINANCIAL PERFORMANCE IN COMPANIES LISTED IN JAKARTA ISLAMIC INDEX FOR 2014-2018 PERIOD Rachman Sugiharno; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 4 (2020): April-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20204pp745-756

Abstract

The research aims to find out how to determine investors' decisions in transacting Islamic shares in the capital market. The method used is a qualitative approach with a descriptive case study method. The informant determining technique uses snowball and purposive sampling. data collection techniques using direct interviews, documentation and observation. After collecting data, the results of the study were analyzed using triangulation analysis to arrive at conclusions. The results of this study show that investors in transacting Islamic shares are divided into three parts, namely: from the type of investor, from the purpose of choosing Islamic shares and looking at the macro or micro side.Keywords: investor preferences, sharia stock, type of investors, macro side, micro sideREFFERENCE Bungin, B. (2011). Penelitian kualitatif. Jakarta: Kencana.Bursa Efek Indonesia. (2010). Panduanindeks harga saham bursa efek Indonesia. Jakarta: Bursa Efek Indonesia.Departemen Agama Republik Indonesia. (2012). Al-Quran dan terjemahannya. Jakarta: Departemen Agama Republik IndonesiaFardiansyah. (2002). Kiat dan strategi menjadi investor piawai. Jakarta: PT. Elex Media Komputindo.Ghozali, Imam. (2011). Aplikasi analisis multivariate dengan program IBM SPSS 19, edisi kelima. Semarang: Universitas DiponegoroHuda, N., & Mustafa Edwin Nasution. (2007). Investasi pada pasar modal syariah. Jakarta: Kencana.Husnan, S. (2003). Dasar-dasar teori portofolio dan analisis sekuritas. Yogyakarta: UPP STIM YKPN.Jogiyanto. (2010). Teori portofolio dan analisis investasi. Yogyakarta: BPFE.Kertonegoro, S. (2000). Analisa dan manajemen investasi. Jakarta: PT. Widya Press.Majelis Ulama Indonesia. (2003). Himpunan fatwa-fatwa Dewan Syariah nasional. Jakarta: DSN MUI bekerjasama dengan Bank Indonesia.Melicher, R., & Edgar A., N. (2003). Finance: Introduction to institutions, investment, and management. USA: John Wiley & Sons, Inc.Ryandono, M. Nafik Hadi. (2009). Bursa efek dan investasi syariah. Jakarta: PT Serambi Ilmu Semesta.Oyedele, J. B., McGreal, S., Adair, A., & Ogedengbe, P. (2013). Performance and role of European listed infrastructure in a mixed-asset portfolio. Journal of Financing Management of Property and Construction, 18(2), 160-183.Sugiyono. (2014). Metode penelitian kuantitatif, kualitatif, R&D, edisi 20. Bandung: Alfabeta.Sujawerni, Wiratna. (2014). SPSS untuk penelitian. Yogyakarta: Pustaka Baru Press.Susanti, & Syahyunan. (2012). Analisis pembentukan portofolio optimal saham dengan menggunakan model indeks tunggal (studi pada saham LQ-45 di Bursa Efek Indonesia periode Agustus 2009-Juli 2012). Media Informasi Manajemen, 1(4), 1-13.Tandelilin, E. (2010). Portofolio dan investasi. Yogyakarta: Kanisius.
MANAJEMEN RISIKO PEMBIAYAAN MUSYARAKAH MUTANAQISAH DI BANK MUAMALAT INDONESIA KC MAS MANSYUR SURABAYA Gea Papurane Langi; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 6 No. 1 (2019): Januari-2019
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol6iss20191pp188-197

Abstract

This research is done to see any risks that happened in Islamic bank, which can damage the bank. While it aims to find out the strategy used by Bank Muamalat Indonesia (BMI) to reduce the risk faced and often happened in the field. The research method uses a qualitative approach with a case study method. Data collecting was done by relating proposed questions and the conclusion made from the result of the interview with Branch Manager (BM), Relation Manager, and Remedial BMI of Branch Office of Mas Mansyur. The result of this research showed that BMI of Mas Mansyur Branch Office had done the process of risk management by identifying risk in the manner of finding out the existing risks which are financing risk; market risk; and ownership risk, measuring and monitoring the risks in the manner of doing measurement to find out and see any reason that causes those risks exist, and controlling and managing the existing risks in Musyarakah Mutanaqisah (MMQ) financing in the manner of ways that have already determined by BMI of Mas Mansyur Branch Office. The last is by monitoring the risks in MMQ financing at BMI of Mas Mansyur Branch Office.Keywords: Risk Management, Risk, Financing, Musyarakah Mutanaqisah, Bank Muamalat IndonesiaREFERENCES Dsnmui.or.id diakses pada 11  september2017 pukul 21.41Hosen,   M    Nadratuzzaman   Hosen.   13November 2017. www.ekonomisyariah.orgKarim A, Adiwarman. 2014. Bank Islam: analisis fiqih dan keuangan. Jakarta. PT. Raja Grafindo Persada.Nafik HR, Muhammad, 2009. Bursa Efek dan Investasi Syariah. jakarta: PT. Serambi Ilmu SemestaNaf’an,2014.  Pembiayaan  Musyarakah dan Mudharabahi. Yogyakarta: Graha IlmuStandar Produk Perbankan Syariah Musyarakah dan Musyarakah Mutanaqisah, 2016.Sugiyono, Prof. Dr. 2012. Metode Penelitian Kuantitatif, kualitatif, dan R&D. Bandung: Alfabeta.Wahyudi, Imam, et al. 2013. Manajemen Risiko Bank Islam. Jakarta: Salemba Empat.Yin, Robert K. 2009. Studi kasus: desain& Metode. Jakarta: Prenada media.
ANALISIS REAKSI PASAR TERHADAP PENGUMUMAN RIGHT ISSUE (STUDI KASUS PADA SAHAM YANG TERDAFTAR DI ISSI) Moch. Ali Fudin Al Islami; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 6 No. 6 (2019): Juni-2019
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol6iss20196pp1101-1113

Abstract

This research aims to find out and explain market reactioncaused by existing action corporate advertisement which is the right issue done by the issuer who was listed in Indonesia Sharia Stock Index period 2014-2016.There are 20 issuers who become the research sample with the period of observation is 29 days. The approach used in this research is quantitative approach by using event study method which is the approach that is specialized to analyze a particular event that is believed to have an impact or reaction. The focus of the research is to see the reaction shown by the change of Average Abnormal Return and Trading Volume Activity using one sample t-test and paired sample t-test. Data processing used a statistical tool of Stata version 14 by determining level of significance of 5%.The results of the research show that there is a significant average abnormal return before and after the right issue and there is a significant difference in trading volume activity before and after the right issue.Keywords: Sharia Stock, Right Issue, Abnormal Return, Trading Volume ActivityREFFERENCESBeaver, William H. 1968. The Information Content of Annual Earning Releases : A Trading Volume Approach. Supplement to journal of Accounting ResearchBrigham, Eugene dan Joel F Houston, 2001. Manajemen Keuangan II. Jakarta:Salemba EmpatHermuningsih, Sri., Wardani D, K. (2009). Analisis Reaksi Pasar Modal Terhadap Peristiwa Right Issue Dan Pengumuman Deviden Yang Ditunjukkan Oleh Abnormal Return.Yogyakarta. Fakultas Ekonomi Universitas Sarjanawiyata Tamansiswa. ISSN:2086-0390.Husnan, Suad. (1994). Dasar-Dasar Teori Portofolio dan Analisis Sekuritas. Edisi I. Yogyakarta: Penerbit UPP AMP YKPNHusnan, Suad. (1996). Dasar-dasar teori portofolio dan analisis sekuritas. Edisi II. Yogyakarta: UPP AMP YKPNHusnan, Suad. (2005). Dasar-dasar teori portofolio dan analisis sekuritas.Edisi v. Yogyakarta: UPP AMP YKPNIndonesian Stock Exchange. 2017. Indonesian Capital Market Directory 2017. Jasmine, Aldila., (2015). Reaksi Pasar Terhadap Stock Split Pada Emiten Saham Syariah Yang Terdaftar Di Bursa Efek Indonesia Periode 2011-2014. Surabaya. Fakultas Ekonomi dan Bisnis Universitas Airlangga.Jogiyanto, H. M. (2003). Teori Portofolio dan Analisis Investasi. Edisi Ketiga. Yogyakarta: BPFE Universitas Gajah Mada.Jogiyanto, H. M. (2009). Teori Portofolio dan Analisis Investasi. Edisi Keenam. Yogyakarta: BPFE Universitas Gajah Mada.Latan, Hengky. (2014). Aplikasi Analisis Data Statistik Untuk Ilmu Sosial Sains Dengan Stata. Bandung. Alfabeta.Maguire, Frances. “The Banker”. 2007.Rusdi, Dedi dan Avianto, Angga.(2009). Pengaruh Right Issue Terhadap Tingkat Keuntungan Dan Likuiditas Saham Emiten Di Bursa Efek Jakarta. Fakultas Ekonomi Universitas Islam Sultan AgungSamsul, Mohammad. 2006. Pasar Modal dan Manajemen Portofolio. Jakarta: ErlanggaSugiyono.   2012.   Metode   Kuantitatif,   Kualitatif   dan   R&D.   Cetakan ke-17. Bandung: Alfa BetaUtomo,V.J. 2015. ”Efek Hari Libur Lebaran Pada Emiten yang Terdaftar dalam ISSI Periode 2011-2013” Surabaya.Fakultas Ekonomi dan Bisnis Universitas Airlangga.(www.ksei.co.id/services/corporate_action_services, diakses tanggal 10 Oktober 2017) ______________IDX Fact Book 2016.Bursa Efek Indonesia. Jakarta______________IDX Annualy Statistics 2014.Bursa Efek Indonesia. Jakarta______________IDX Annualy Statistics 2015.Bursa Efek Indonesia. Jakarta______________IDX Annualy Statistics 2016.Bursa Efek Indonesia. Jakarta______________Undang-Undang No. 8 Tahun 1995 Tentang Pasar Modal
ELIMINASI RISIKO OPERASIONAL BMT SRI SEJAHTERA SURABAYA Yanuar Dharma Putra; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 6 No. 7 (2019): Juli-2019
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol6iss20197pp1317-1330

Abstract

The results of this research are risk mitigation measures in the continuity of internal processes, human resources, technology and information. Risk mitigation on the internal processes is done by performing supervision based on employees job description, and implementation of sharia financing agreements with customers. Risk mitigation on human resources is done by providing moral guidance to employees. Risk mitigation in information technology is carried out by performing regular maintenance of computer software and hardware, as well as other devices that support Baitul Maal wa tamwil Sri Sejahtera business activities.  REFFERENCESAlexander, Carol. 2003. Operational Risk: Regulation, Analysis and Management. London: Prentice HallAlijoyo, Antonious. 2006. Enterprise Risk Management: Pendekatan Praktis. Edisikedua. Jakarta: PT. Ray IndonesiaChapra, M. Umer. 2000. Islam dan Tantangan Ekonomi. Jakarta: Gema Insani Press dan Tazkia InstituteDjohanputro. Bramantyo. 2006. Prinsip-Prinsip Ekonomi Makro. Cetakan 1. Jakarta: PPMFrame. J. Davidson. 2003. Managing Risk in Organisations: A Guide for Managers. San Francisco. Jossey Bass: A wiley imprintHerman, Darmawi. 2008. Manajemen Risiko. Jakarta: Bumi AksaraIlmi, Makhalul. 2002. Teori dan Praktek Lembaga Mikro Keuangan Syariah: Beberapa Permasalahan dan Alternatif Solusi. Yogyakarta: UII PressKarim, Adiwarman Azwar. 2006. Bank Islam: Analisis Fiqih dan Keuangan. Jakarta: PT. Raja Grafindo PersadaKhan, Tariqullah and Habis Ahmed. 2008. Manajemen Risiko Lembaga Keuangan Syariah. Jakarta: Bumi AksaraMamduh, M. Hanafi. 2009. Manajemen RIsiko. Yogyakarta: UPP STI Manajemen YKPNMirakhor, Abbas dan Zainal Iqbal. 2007. Pengantar Keuangan Islam: Teori dan Praktik. Terjemahan oleh A.K. Anwar. 2008. Jakarta: Kencana Media GroupMughni, Abdul. 2005. Keuangan Mikro Islam dalam Upaya Pengentasan Masalah Sosial. www.takzia.ac.id, (diaksespada 26 Februari 2017)Muhammad. 2002. Manajemen Bank Syariah. Yogyakarta: UPP AMP YKPNMuhammad. 2004. Manajemen Dana Bank Syariah. Yogyakarta: EkonisiaRedja, George E. 2008. Principles of Risk Management and Insurances. Edisi ke-10. Boston: Pearson International EditionSudarsono, Heri. 2004. Bank dan Lembaga Keuangan Syariah Deskripsi dan Ilustrasi. Yogyakarta: EkonisiaSugiyono. 2015. Pendekatan Kuantitatif, Kualitatif, dan R&D. Cetakan Ke-21. Bandung: AlfabetaSuhendi, Hendi. 2009. Strategi Optimalisasi Peran BMTT sebagai Penggerak Sektor Usaha Mikro. www.fe.unpad.ac.id, (diakses pada 26 Februari 2017)Yin, K Robert. 2002. Studi Kasus (Desain dan Metode). Jakarta: PT. Raja Grafindo PersadaYin, K. Robert. 2009. Case Study Research: Design and Method (4thed.). California: Sage Publications, Inc.Yin, K. Robert. 2013. Studi Kasus (Desain dan Metode). Jakarta: PT. Raja Grafindo Persada
RISIKO PEMBIAYAAN MODAL KERJA DI BANK JATIM SYARIAH Taufan Indrasasmita; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 6 No. 9 (2019): September-2019
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol6iss20199pp1770-1782

Abstract

The results showed that the risk management process of working capital financing at Bank Jatim Syariah consists of risk identification, risk analysis, risk control and risk evaluation. The main risks in working capital financing are credit risk, reputation risk, and liquidity risk. Bank Jatim Syariah mitigates credit risk by analyzing risk using six methods of Bank Jatim Syariah analysis, which are management analysis, financial analysis, character analysis, facility analysis, business environment condition analysis and collateral analysis or guarantee. After conducting this analysis, Bank Jatim Syariah uses 3R control, which is rescheduling, restructuring and reconditioning.Keywords: Risk, Financing, Bank Jatim SyariahREFFERENCESAl-Quran dan Terjemahannya (revisi terbaru Departemen Agama RI dengan Transliterasi Arab-Latin (rumy)). 2000. Semarang: CV. Asy Syifa’.Adiwarman A. Karim, Bank Islam: Analisis Fiqih dan Keuangan, (Jakarta: PT. RajaGrafindo Persada, 2007:255)Antonio, Muhammad Syafi’i. 2001. Bank Syariah: Dari Teori ke Praktik. Jakarta: Gema Insani PersBank Indonesia. 2008. Undang-Undang No. 21 Tahun 2008: tentang Perbankan Syariah.Hasibuan, Malayu S.P. Manajemen, Dasar, Pengertian dan Masalah, (Jakarta:Bumi Aksara, 2005:2)Idroes, Ferry N. 2008:7. Manajemen Risiko Perbankan: Pemahaman 3 Pilar Kesepakatan Basel II Terkait Aplikasi Regulasi dan Pelaksanaannya di Indonesia.Ismail. 2011. Perbankan Syariah. Jakarta: KencanaMuhammad, 2002. Manajemen Bank Syariah. Yogyakarta: Unit Penerbit dan Percetakaan Sekolah Tinggi Ilmu Manajemen YKPNMulyono, Teguh. P. 2000. Manajemen Perkreditan Bagi Bank Komersil. BPFE YogyakartaPeraturan Bank Indonesia Nomor 13/23/PBI/2011 Tentang Penerapan Manajemen Risiko bagi Bank Umum Syariah dan Unit Usaha Syariah, diakses pada 18 Juli 2017 dari http://www.bi.go.id/NR/rdonlyres/pbi_132311fl.pdfRivai, Veithzal. 2010. Islamic Banking. Sistem Bank Islam Bukan Hanya Solusi Menghadapi Krisis Namun Solusi dalam Menghadapi Berbagai PersoalanPerbankan dan Ekonomi Global. Jakarta: Bumi AksaraRyandono. 2010. Peran dan Pengaruh Penghimpunan Dana terhadap Penyaluran Dana dan Faktor Kinerja Bank serta Kesejahteraan Karyawan Bank Islam di Indonesia. Disertasi tidak diterbitkan. Surabaya Program Doktor Pasca Sarjana Universitas Airlangga SurabayaSalim, Abbas. Asuransi dan Manajemen Risiko, (Jakara, 2003:197)Sudarsono, Heri. 2008. Bank dan Lembaga Keuangan Syariah. Yogyakarta: EkonisiaSugiyono. 2015. Metode penelitian pendidikan.Suhendra dan Murdiyah. Manajemen Sumber Daya Manusia, (Jakarta:UIN Press, 2006:2)Sulhan, M., dan Ely Siswanto. 2008. Manajemen Bank : Konvensional dan Syariah. UIN Malang Press: MalangYin, Robert K. 2013. Studi kasus:desain dan metode. Jakarta: Rajawali PressAscarya. 2013. Akad & Produk Bank Syariah. Jakarta: Rajawali Pers..Undang-undang Dasar Negara Republik Indonesia Tahun 1945.
THE EFFECT OF INTELLECTUAL CAPITAL ON PROFITABILITY AND STOCK RETURN (CASE STUDY OF JAKARTA ISLAMIC INDEX FOR 2013-2018 PERIOD) Gabriella Jodie Adhama; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 7 (2020): Juli-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20207pp1391-1411

Abstract

Intellectual capital is the creation of company value added represented by employees with all the potential and capabilites they have. This study aims to analyze the effect of Intellectual Capital, profitability as an intervening variable on Islamic stock returns on the Jakarta Islamic Index (JII). Sampling of 14 issuers was carried out using purposive sampling technique. The method used is path analysis with a maximum likelihood model. Intellectual capital has a positive effect on ROA, ROA has no significant effect on returns, Intellectual Capital has a significant positive effect on returns directly, Intellectual Capital indirectly has insignificant effect on returns for the 2013-2018 period. Based on these results, the issuer company can disclose reports related to intellectual capital from the company. Research on intellectual capital using intervening variables in Indonesia still tends to be limited, besides that the writer also uses path analysis with the maximum likelihood model. In this study robustness tests were also conducted to test the resilience of the variables used.Keywords: intellectual capital, ROA, return, JII, path analysis
THE ANALYSIS OF SHARIA EMITENTS IN JII CONCERNING FACTORS OF CAPITAL STRUCTURE FOR THE 2014 – 2018 PERIOD Anisa Priyanka Jasmine; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 6 (2020): Juni-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss20206pp1193-1204

Abstract

This study was made with the aim to examine the effect of profitability, company size, company age, growth opportunity, liquidity and dividend payout ratio on the capital structure of Islamic issuers listed in the JII (Jakarta Islamic Index). The method in this study uses multiple regression analysis techniques with Random Effet Model (REM) selected as the best model for estimating panel data regression, where in estimating the General Least Saquare (GLS) regression test is used. And produce profitability and dividend payout ratio as a significant variable and this also proves its effect partially on leverage (DER). While simultaneously profitability, company size, company age, liquidity and dividend payout ratio significantly influence leverage (DER).Keywords: profitability, company size, company age, growth opportunity, liquidity, dividend payout ratio, pecking order theory, capital structureREFFERENCE Ahmad, Rodoni dan Herni, Ali. (2010). Manajemen keuangan. Jakarta: Penerbit Mitra Wacana Media.Arief, Bramantyo. (2011). Analissis pengujian teori pecking order melalui keterkaitan profitabilitas, struktuk asset, ukuran perusahaan dan kesempatan bertumbuh terhadap financial leverage periode 2006-2009 (Studi kasus pada emiten syariah di JII). Skripsi tidak diterbitkan. Semarang: Universitas Diponegoro.Chen et al. (2011). How the pecking order theory explain capital structure. International Journal of Management Studies, 1-9.Darminto dan Manurung, Adler Haymans. (2008). Pengujian teori trade-off dan pecking order dengan satu model dinamis pada perusahaan publik di Indonesia. Jurnal Manajemen Bisnis, 1(1), 35-52.Dimitri, Michael dan Sumani. (2013). Analisis pengaruh likuiditas, profitabilitas, ukuran, usia, dan pertumbuhan perusahaan terhadap struktur modal. Jurnal Manajemen. 11(1), 82-105.Eviani, Anantia Devi. (2015). Pengaruh struktur aktiva, pertumbuhan penjualan, dividen payout ratio, likuiditas, dan profitabilitas terhadap struktur modal.Jurnal Akuntansi dan Sistem Teknologi Informasi, 11(2), 194 – 202.Ghozali, I (2011). Aplikasi analisis multivariate dengan program SPSS. Semarang: Universitas Diponegoro.Gujarati. Damodar N and porter Dawn C. (2009). Basic econometrics, fifth edition. New York: McGraw-Hill Irwin.Hasan and Safdar (2005). Impact of ownership structure and corporate governance on capital structure of Pakistani llisted companies. International Journal of Business & Management, 4(2).Liu. Yuanxin & Ning. Xiangbo. (2009). Empirical research of the capital structure influencing factor of electric power listed companies. International Journal of Marketing Studies, 1(1), 43-49. DOI:10.5539/ijms.v1n1p43Mau, Jefrianus, dkk. (2015). Pengaruh profitabilitas, umur dan ukuran perusahaan terhadap struktur modal. Jurnal Riset Akuntansi dan Keuangan, 11(2), 147-156.Myers. C Stewart. (1984). The Capital Stucture Puzzle. The Journal of Finance, 39(3), 575-592.Myers , S and Majluf. (1984). Corporate financing and investment decision when firms have information investors do not have. Journal of Financial Economics, 13(2), 187-221.Rahman Hakim, Arief. (2013). Pengaruh struktur aktiva, Profitabilitas, ukuran perusahaan dan likuiditas terhadap struktur modal (studi kasus pada perusahaan makanan dan minuman yang terdatar di Bursa Efek Indonesia. Skripsi tidak diterbitkan. Jakarta: Universitas Islam Negeri Syarif Hidayatullah.Dewi, Sofia Prima dan Keni Keni. (2013). Pengaruh Umur Perusahaan, Profitabilitas, Ukuran Perusahaan, dan Leverage terhadap Pengungkapan Tanggung Jawab Sosial Perusahaan. Jurnal Bisnis dan Akuntansi, 15(1), 1-12. DOI: https://doi.org/10.34208/jba.v15i1.203 
THE EFFECT OF RETURN ON ASSET, DEBT TO EQUITY RATIO, DIVIDEND PAYOUT RATIO AND YIELD DIVIDEND ON STOCK RETURNS Aprilidya Ayu Parandita Ananta; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 7 No. 10 (2020): Oktober-2020
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol7iss202010pp1913-1928

Abstract

ABSTRAKPenelitian ini bertujuan bertujuan untuk mengetahui pengaruh profitabilitas, leverage, dividen payout ratio, dan dividend yield terhadap return saham di Jakarta Islamic Index periode 2015-2019. Penelitian ini menggunakan data sekunder dari laporan keuangan perusahaan yang diambil dari website masing-masing perusahaan pada tahun 2015-2019. Pendekatan yang digunakan adalah kuantitatif dan dianalisis menggunakan analisis data panel. Hasil uji statistik menunjukkan bahwa profitabilitas, leverage, dividen payout ratio, dan dividend yield secara simultan tidak berpengaruh signifikan terhadap return saham. Secara parsial diperoleh hasil variabel dividend payout ratio berpengaruh signifikan terhadap return saham, sedangkan variabel rasio profitabilitas, leverage, dan dividend yield tidak berpengaruh signifikan terhadap return saham.Kata Kunci: Probabilititas, Leverage, Dividend Payout Ratio, Dividen Yield, Return Saham ABSTRACTThis study aims to determine the effect of profitability, leverage, dividend payout ratio, and dividend yield on stock returns of Jakarta Islamic Index for the 2015-2019 Period. This study uses secondary data from the company's financial statements taken from the websites of each company in 2015-2019. The approach used is quantitative and analyzed using panel data analysis. Statistical test results show that profitability, leverage, dividend payout ratio, and dividend yield simultaneously do not have a significant effect on stock returns. Partially dividend payout ratio have a significant effect on stock returns; profitability, leverage, and dividend ratio have no significant effect on stock returns.Keywords: Probability, Leverage, DividenD Payout Ratio, Dividen Yield, Stock Returns
ANALYSIS OF FACTORS THAT AFFECT THE TIMELINESS OF FINANCIAL REPORTING IN MANUFACTURING COMPANIES LISTED IN INDONESIA SHARIA STOCK INDEX (ISSI) Fithrotin Azizah Rahmah; Imron Mawardi
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 8 No. 5 (2021): September-2021
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol8iss20215pp582-592

Abstract

ABSTRAKKetepatan waktu publikasi laporan keuangan merupakan faktor penting dalam memengaruhi kegunaan informasi yang dibutuhkan untuk para pengambil keputusan. Studi ini dimaksudkan untuk menganalisa faktor-faktor yang mampu memengaruhi ketepatan waktu pelaporan laporan keuangan tahunan yang terdaftar dalam Index Saham Syariah Indonesia (ISSI) 2015-2019. Pengambilan sampel sebanyak 75 perusahaan mempergunakan teknik purposive sampling dan metode analisis data regresi logistik. Hasil analisis menyimpulkan adanya hubungan positif signifikan antara variabel profitabillitas, leverage serta ukuran perusahaan terhadap ketepatan waktu pelaporan keuangan. Hubungan yang positif menunjukkan tingginya laba, leverage serta besarnya aset perusahaan mampu mendorong perusahaan agar mempublikasikan laporan keuangan secara tepat waktu. Namun, terdapat pula hasil yang mencerminkan tidak adanya hubungan signifikan antar kepemilikan publik serta umur perusahaan dengan ketepatwaktuan pelaporan keuangan.Kata Kunci: Ketepatan Waktu, ISSI, Pelaporan Keuangan, Analisis Regresi Logistik. ABSTRACTThe timeliness of financial reporting is considered to be an important factor to affects the usefulness of information that is required to a decision maker. This study examines the factors that can affects the timeliness of financial reporting listed in the Indonesia Sharia Stock Index (ISSI) 2015-2019. Sampling was obtained as many as 75 companies using purposive sampling technique and logistic regression data analysis methods. The results showed that there is a significantly positive relationship between the profitability, leverage and company size with the timeliness of financial reporting. 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Co-Authors Abdullah, Syahidah Achmad Hijri Lidnillah Achmad Hijri Lidnillah, Achmad Hijri Achmad Kharis Adhama, Gabriella Jodie Adlan, Muhammad Afifa, Ulfia Nur Ahmad Sodiq, Ahmad Ainur Rachman Ainur Rachman, Ainur Ainur Rofiq Kurniawan Ajeng Gama Rosyida Al Ma'rifatul A'la Al Mustofa, Muhammad Ubaidillah Almustofa, Muhammad Ubaidillah Ambariyanto Ambariyanto Anisa Priyanka Jasmine Anwar Allah Pitchay, Anwar Allah Aprilidya Ayu Parandita Ananta Apriwiliza, Gita Ardiantono, Dewie Saktia Ardina Talitha Nidya Arfiani, Ninda Ari Prasetyo Arifin, Nur Rachmat Ariska Oktavia Arni Dini Inayati Asya'bani, Nispia Atiya, Nikmatul Aufar Fadlul Hady Aulia Ramadhani Aysha Dhamaring Nugroho Azel Raoul Reginald Azel Raoul Reginald, Azel Raoul baharsyah, akmal ilham Bayu Wardhana Bintang Hanifian Syahdana Bintang Pratama Buana Putra Bonang, Dahlia Candika, Yossy Imam Clarashinta Canggih Diamantin Rohadatul Aisy Dian Anggraini Diaz Tulus Anandri Diaz Tulus Anandri Dien Mardhiyah Dzikri Nurrohman Eka Puspa Dewi Eka Puspa Dewi Eko Fajar Cahyono, David Kaluge Ergun, Hüseyin Fahamsyah, Mohammad Hatta Fahmy Zarkasyi, Hamid Faizurrahman, Umar Haidar Fakhrana, Fathaniadina Falah, Yusril Faridatun Nila Faridatun Nila Faridatun Nila Fary Adisetya Putra Fathaniadina Fakhrana Febrianti, Puput Rosita Febrinda Eka Damayanti Fihrist Rayhan Deqauni Firman, Asmen Junaidi Firsty Izzata Bella Fithrotin Azizah Rahmah Fitri Nur Latifah Gabriella Jodie Adhama Gea Papurane Langi Hanifiyah Yuliatul Hijriah, Hanifiyah Yuliatul Hanoraga, Tony Huzein Satrio Prasetyawan Ilham Nur Agustha Ilham Nur Agustha, Ilham Nur Ilmiawan Auwalin Imam Sopingi Iman, Shofal Indi Masita Lisdawami Indra Kharisma Raharjana Insani, Taqiyah Dinda Insani, Taqiyah Dinda Ira Erlinawati Ira Erlinawati, Ira Ishma Amelia Jihad Jihad Jihad, Jihad Khoirul Umam Kurniawan, Ainur Rofiq Kusnul Ciptanila Yuni K Kusuma, Aditya Latifah, Nuria Machfud, Syafrina Mahmudah, Siti Nur Maramis, Muhamad Iqbal Haqiqi Matsahri, Matsahri Mirna Ainurrachma Moch. Ali Fudin Al Islami Moh Fudholi Moh. Fudholi Moh. Fudholi Mohammad Haidar Risyad Muhamad Nafik Hadi Ryandono Muhamad Nafik Hadi Ryandono, Muhamad Nafik Muhammad Ali Nuruddin Muhammad sanusi Muhammad Sanusi Muhammad Syauqi Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al Mustofa Muhammad Ubaidillah Al-mustofa Muhammad Wicaksono Hasdyani Putra Muslich Anshori Muslich Anshori Muslich Anshori Mustofa, Muhammad Ubaidillah Al Mutmainah Mutmainah Nadia Arisanti Nareswari Saputro Nareswari Saputro, Nareswari Nauval Fadhillah Gusti Wijaya Nidya, Ardina Talitha Nikmatul Atiya Nila, Faridatun Nisa, Khairun Nisful Laila Norma Rosyidah Norma Rosyidah, Norma Nova Rini Nova Rini Novalia Nastiti Novalia Nastiti, Novalia Novita Novita Nur Rachmat Arifin Nur Rachmat Arifin Nurrohman, Dzikri Nurul Asfiah Nurul Asfiah Okyviandi Putra Erlangga Ongky Martha Dwiyananda Ongky Martha Dwiyananda, Ongky Martha Pramita Agustin Pramita Agustin, Pramita Puji Sucia Sukmaningrum Puput Rosita Putra, Fary Adisetya Putra, Muhammad Wicaksono Hasdyani R Moh Qudsi Fauzi R Wahyu Agung Utama R Wahyu Agung Utama R. Wahyu Agung Utama R. Wahyu Agung Utama R. Wahyu Agung Utama Rachman Sugiharno Raditya Sukmana Rahmadany, Zhahirah Adriana Ramdani Ramdani Rani, Lina Nugraha Renny Oktafia Renny Oktafia, Renny Ridan Muhtadi Rifqul Ma'isyah Ririn Tri Ratnasari Risyad, Mohammad Haidar Rosana Puspasari Rosana Puspasari, Rosana Rosidi, Dinda Oktaviona Rosyidi, Luthfi Sadikin, Muhamat Ali Samsidar Widiarso Saptowati, Errin Dwi Sarker, Md Atiqur Rahman Setiyo Aji Shabbir, Malik Shahzad Sinulingga, Rizky Amalia Siti Maisaroh Siti Maisaroh Siti Nur Azizaturrohmah Siti Nur Azizaturrohmah, Siti Nur Siti Nur Mahmudah Siti Zulaikha Siti Zulaikha Soleh, Mochamad Soleh, Mochammad Sri Hartini Sri Herianingrum Sri Ningsih Sulaeman Sulaeman Sunan Fanani, Sunan Sunarno Sunarno Taqiyah Dinda Insani Taufan Indrasasmita Tika Widiastuti Tjiptohadi Sawarjuwono Ubaidi, Ubaidi Utama, R Wahyu Agung Utama, R. Wahyu Agung Wahid , Wahyu Wibisono Wisudanto Wisudanto Yan Putra Timur Yanuar Dharma Putra Zaim Nur Afif Zaim Nur Afif, Zaim Nur Zaimy Johana Johan Zain, Nur Habiba Zainal Abidin Zakaria, Nor Balkish