Claim Missing Document
Check
Articles

Found 27 Documents
Search

Sinyal Indeks dan Imbalan Masa Depan Dari Imbalan dan Resiko Masa Lalu pada Investasi Saham Syariah di Indonesia Muhammad Anhar
Jurnal Ekonomi Vol 30 No 02 (2021): [Jurnal STEI Ekonomi - JEMI] Vol. 30 No. 02 (Desember - 2021)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v30i02.502

Abstract

Abstract- This research aims to proove the existing signal of Indonesia sharia stock’s risk and return to their future index and return. The hypothesis state that the past stock’s risk and return respectly give a signal on their future index and return.The research is designed as a quantitative, ex post facto, associative, and positivistic research by analyzing the correlation of the past stock’s risk and return to their future index and return.The stock risk (total risk, systematic risk and unsystematic risk) and return are set as independent variables, while stock’s future index and return as dependent variables.The existing signals were studied simultaneously in one model, Partial Least Square (PLS). Descriptive analysis, Correlations analysis, and hypotheses testing were done in this study.The conclusions were : First, the past stock’s return do not give any signal to their future index and return. Second, the total risk, systematic risk and unsystematic risk respectly give a signal to their future return, but do not to their future index. Third, the total risk and unsystematic risk respectly give a negative signal to their future return, while the systematic risk do a positive signal.
Apakah Imbalan dan Risiko Investasi Periodik Saham Syariah Berlanjut ke Periode Berikutnya? Muhammad Anhar
Jurnal Ekonomi Vol 31 No 01 (2022): [Jurnal STEI Ekonomi - JEMI] Vol. 31 No. 01 (Juni 2022)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v31i01.581

Abstract

Penelitian ini bertujuan untuk membuktikan keberlanjutan besaran dan peringkat dari imbalan dan risiko investasi periodik saham syariah di Indonesia dari suatu periode ke periode berikutnya. Apakah besaran dan peringkat imbalan dan risiko investasi periodik saham pada suatu periode (bulan) berlanjut ke periode berikutnya? Apakah saham yang mempunyai peringkat imbalan/risiko tertinggi pada suatu periode akan tertinggi pula peringkatnya pada periode berikutnya? Dengan populasi seluruh saham syariah di BEI, tigapuluh saham syariah unggulan kelompok Jakarta Islamic Indexes (JII) diambil sebagai sampel. Penelitian dirancang sebagai penelitian kuantitatif, ex post facto, dengan menggunakan analisis peringkat. Imbalan investasi yang dimaksud adalah keuntungan modal (capital gain), sedangkan risiko investasi yang dimaksud mencakup Risiko Total, Risiko Sistematik, dan Risiko Unsystematic. Analisis deskriptif, analisis rank, analisis korelasi, dan uji hipotesis digunakan dalam penelitian ini. Hasil penelitian menunjukkan: (1) Tidak ada keberlanjutan periodik baik untuk besaran imbalan maupun besaran risiko investasi, (2) Tidak ada keberlanjutan periodik baik untuk peringkat imbalan maupun peringkat risiko investasi, (3) Besaran dan peringkat imbalan dan risiko investasi pada suatu periode tidak memberikan sinyal/indikasi untuk periode beriktunya.
Pengaruh Risiko Bisnis Terhadap Tax Avoidance dengan Leverage sebagai Variabel Intervening Chindy Yolanda Faramitha; Sharifuddin Husen; Muhammad Anhar
Jurnal Manajemen Vol 17 No 1 (2020)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia (STEI) Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jam.v17i01.345

Abstract

Penelitian ini dilakukan untuk mengetahui Pengaruh Risiko Bisnis Terhadap Tax Avoidance Dengan Leverage Sebagai Variabel Intervening (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia). Pada penelitian ini digunakan metode analisis statistik deskriptif, dimana sampel yang digunakan diperoleh dari laporan keuangan pada perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2013 sampai 2017. Penelitian ini menggunakan metode inferensial dengan teknik pengumpulan data laporan keuangan tahunan. Populasi dalam penelitian ini adalah 116 perusahaan manufaktur yang terdaftar di BEI, dengan sampel yang dipilih menggunakan metode purposive sampling. Hasil penelitian membuktikan bahwa (1) Adanya pengaruh positif risiko bisnis terhadap tax avoidance, (2) Adanya pengaruh positif risiko bisnis terhadap leverage, (3) Adanya pengaruh positif leverage terhadap tax avoidance, (4) Adanya pengaruh positif risiko bisnis melalui leverage terhadap tax avoidance yang terbukti signifikan.
Pengaruh Struktur Modal dan Pertumbuhan Perusahaan terhadap Nilai Perusahaan dengan Profitabilitas Sebagai Variabel Intervening Fitri Amelia; Muhammad Anhar
Jurnal Ekonomi Vol 28 No 01 (2019): [Jurnal STEI Ekonomi - JEMI] Vol. 28 No. 01 (Juni - 2019)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (488.306 KB) | DOI: 10.36406/jemi.v28i01.260

Abstract

The purpose of this study was to determine whether the capital structure and growth of the company significantly affect the value of the company with profitability as an intervening variable in mining companies listed on the Indonesia Stock Exchange 2013-2017. Capital structure is proxied using the Debt-to-Equity Ratio (DER), Company growth is proxied using the calculation of Changes in Total Assets, Profitability is proxied using Return On Equity (ROE) and Company Value is proxied using Price to Book Value (PBV). By using purposive sampling technique, the sample used in this study amounted to 33 companies from a population of 41 companies and the research period was 5 years. This causal-comparative research uses panel data with documentation or archive data collection techniques from the Indonesian Capital Market Electronic Library. The analysis technique in this study uses Path Analysis. This study shows the results that capital structure has a significant effect on profitability and firm value, firm growth has no significant effect on profitability and firm value and profitability has no significant effect on firm value. Then Profitability is not able to mediate the effect of Capital Structure on Firm Value, but is able to mediate the effect of Company Growth on Firm Value
Pengaruh Profitabilitas, Leverage, Kepemilikan Manajerial, dan Kepemilikan Institusional terhadap Harga Saham Rachmatika Irfani; Muhammad Anhar
Jurnal Ekonomi Vol 28 No 01 (2019): [Jurnal STEI Ekonomi - JEMI] Vol. 28 No. 01 (Juni - 2019)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (421.583 KB) | DOI: 10.36406/jemi.v28i01.264

Abstract

Managerial Ownership, and Institutional Ownership of Stock Prices in Manufacturing Companies listed on the Indonesia Stock Exchange in 2015-2017 with a total sample of 35 companies. The results showed that profitability had an effect on stock prices, managerial ownership had an effect on stock prices, while institutional ownership and leverage had no effect on stock prices. Simultaneously, profitability, leverage, managerial ownership, and institutional ownership affect stock prices.
Pengaruh Karakteristik Perusahaan Terhadap Struktur Modal dengan Kepemilikan Keluarga Sebagai Variabel Moderating Antonius Slamet Mulyono; Muhammad Anhar
Jurnal Ekonomi Vol 29 No 01 (2020): [Jurnal STEI Ekonomi - JEMI] Vol. 29 No.01 (Juni - 2020)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v29i01.335

Abstract

This study aims to examine the effect of company characteristics, namely: profitability, company size and asset growth on the capital structure of manufacturing companies listed on the Indonesia Stock Exchange from 2013 to 2017, with family ownership as a moderating variable. This research uses descriptive statistical research with a quantitative approach which is measured using panel data regression analysis. To estimate the model coefficients in the panel data, the Eviews 10 program was used. The population of this study were manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2013 to 2017. The sample was determined based on the purposive sampling method, with a total sample of 25 companies. manufacturing so that the total observations in this study were 125 observations. The data used in this research is secondary data. The data collection technique used the documentation method through the official IDX website: www.idx.co.id and the official website of each company that was used as the research sample. The results of the study prove that (1) Profitability has a negative but not significant effect on capital structure. (2) Firm size has a significant positive effect on capital structure. (3) Asset growth has a negative but not significant effect on capital structure. (4) Family ownership does not moderate the effect of profitability on capital structure. (5) Family ownership moderates the effect of firm size on capital structure. (6) Family ownership does not moderate the effect of asset growth on capital structure.
Assessment of Bank Persero's Health Level Using The RGEC Method In 2018 Dachlevie Riza; Iman Suriawinata; Muhammad Anhar
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 4 No 01 (2021): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 04 No. 01
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (414.277 KB) | DOI: 10.36406/ijbam.v4i01.534

Abstract

Public confidence in choosing a bank as a business partner based on health indicators Bank that existed at the bank. The research objective was to assess the soundness level of state-owned banks or HIMBARA, namely Bank Mandiri, Bank BNI'46, Bank Rakyat Indonesia and Bank Tabungan Negara using the RGEC method, namely the Risk Profile consisting of Net Performing Loans (NPL), Loan To Deposit (LDR), Good Corporate Governance (GCG), Earning namely Return on Assets (ROA), Net Interest Margin (NPM) and Adequacy Capital in 2018. the method’s research is descriptive research quantitative is a comparative research. The data used in this research is secondary data, the data is obtained from the 2018 annual reports of each of the state banks' websites. The results of the research on the assessment of the health level of the state-owned banks, the two state-owned banks had the same Composite Rating Percentage value, namely 90% (Bank Mandiri and Bank Rakyat Indonesia) and the BNI'46 Bank Composite Health Rating Percentage value was 93.33% while the Rating Percentage value State Savings Bank Composite Health is 73.33%. Researcher's Conclusion 3 (three) state- owned banks, namely Bank Mandiri, Bank BNI'46 and Bank BRI are in the Very Healthy category, while 1 (one) state- owned bank, namely Bank BTN, is in the Healthy category.
The Effect Of Internal Communication And Ability On Self Development And Organizational Citizenship Behaviour Employees Of PT. Pulo Mas Jaya, Jakarta Gizca Mahanti Aulia Almas; Hosni Suradji; Muhammad Anhar
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 3 No 1 (2020): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 03 No. 01
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (867.196 KB) | DOI: 10.36406/ijbam.v3i1.572

Abstract

Abstract—This study aims to examine the influence of internal communication and Ability on self-development and Organizational Citizenship Behavior at PT. Pulo Mas Jaya, Jakarta. This research is a quantitative research with a survey method analyzed using SEM (Structural Equation Modeling) with the Smart Partial Least Square (PLS) 3.0 software program. The population of this study is the company PT. Pulo Mas Jaya, Jakarta. The sample was determined based on the proportional random sampling method with a sample size of 86 employees. The data used are primary data, data collection using an instrument in the form of a questionnaire. Testing uses Outer Model analysis, Inner Model analysis, and hypothesis testing (t-statistical test). The results of this study prove that: (1) internal communication has a positive direct effect on self- development, (2) Ability has a positive direct effect on self- development, (3) internal communication has a positive direct effect on Organizational Citizenship Behavior, (4) Ability has a positive direct effect on personal development. Organizational Citizenship Behavior, and (5) self- development have a positive direct effect on Organizational
The Effect Of Principal Leadership And Teacher’s Professionalism On Teachers Working Performance At Beacon Academy Kelapa Gading North Jakarta Ibnu Susilo; Supandi Supandi; Muhammad Anhar
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 3 No 1 (2020): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 03 No. 01
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (816.94 KB) | DOI: 10.36406/ijbam.v3i1.573

Abstract

Abstract—This study aims to analyze the effect of principal leadership on teacher performance at Beacon Academy Kelapa Gading, North Jakarta. Analyzing the effect of teacher professionalism on teacher performance at Beacon Academy Kelapa Gading, North Jakarta. As well as analyzing the influence of school principal leadership and professionalism on the performance of teachers at Beacon Academy Kelapa Gading, North Jakarta. This research method is a quantitative method. The object of this research is the Beacon Academy Kelapa Gading School, North Jakarta. The type of sampling chosen in this study is the Non Probability Sampling technique, namely Saturated Sampling (census). While the subjects or respondents (informants) selected in this study were Beacon Academy school teachers who had a direct connection to the topic, because this research was a case study, so the parties involved were used as respondents. While the source of data in this study is primary data processed using SPSS 25. The test used in this study is the classical assumption test (Normality, Heteroscedasticity, Multicollinearity and Autocorrelation), hypothesis testing (multiple regression test, coefficient of determination R2, partial test and simultaneous test). The results of this study indicate that: (1) Principal leadership partially affects teacher performance, (2) teacher professionalism does not partially affect teacher performance, and (3) principal leadership and teacher professionalism affect teacher performance simultaneously.
The Effect of Service Quality, Website Quality, Institutional Image Towards Public Satisfaction In The Cikini General Law Administration Office, Jakarta (KEMENKUMHAM) Muhamad Ruskamto; Muhammad Anhar; Meita Pragiwani
Indonesian Journal of Business, Accounting and Management (IJBAM) Vol 3 No 2 (2020): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 03 No. 02
Publisher : BPJP - STEI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (594.14 KB) | DOI: 10.36406/ijbam.v3i2.602

Abstract

This study aims to determine how the influence of service quality, website quality and agency image on public satisfaction in the General Law Administration (KEMENKUMHAM). This research method is a quantitative method using primary data and secondary data. The number of samples in this study were as many as 100 visitors. Data processing in this study used the SPSS version 23 analysis tool, and analyzed using multiple linear regression analysis. The analysis used in this study includes validity test, reliability test, coefficient of determination, multiple linear regression, and t test. The results showed that, (1) service quality has a significant effect on community satisfaction, (2) website quality has an effect on community satisfaction, (3) agency image has a significant effect on community satisfaction.