Claim Missing Document
Check
Articles

PENGARUH RETURN ON ASSETS (ROA), EARNINGS PER SHARE (EPS), DAN DEBT TO EQUITY RATIO (DER) TERHADAP HARGA SAHAM PADA PERUSAHAAN ASURANSI YANG TERDAFTAR DI BURSA EFEK INDONESIA (2020-2024) Marni; Dheri Febiyani Lestari
AKSIOMA : Jurnal Manajemen Vol 5 No 2 (2026): AKSIOMA : Jurnal Manajemen [Agustus-Januari 2026]
Publisher : Program Studi Manajemen dan Magister Manajemen, Fakultas Ekonomika dan Bisnis, Universitas Katolik Widya Mandira

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30822/aksioma.v5i2.5414

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Return on Assets (ROA), Earnings per Share (EPS), dan Debt to Equity Ratio (DER) terhadap harga saham pada perusahaan asuransi yang terdaftar di Bursa Efek Indonesia periode 2020-2024. Metode penelitian yang digunakan adalah pendekatan kuantitatif dengan jenis penelitian asosiatif kausal. Data yang digunakan berupa data sekunder dari laporan keuangan perusahaan asuransi yang diperoleh melalui Bursa Efek Indonesia. Sampel penelitian terdiri dari 9 perusahaan asuransi dengan teknik purposive sampling sehingga diperoleh 45 data observasi. Teknik analisis data menggunakan regresi linier berganda dengan bantuan SPSS Statistics 26 melalui uji asumsi klasik, uji t, uji F, dan koefisien determinasi. Hasil penelitian menunjukkan bahwa ROA berpengaruh negatif dan signifikan terhadap harga saham, sedangkan EPS dan DER berpengaruh positif dan signifikan terhadap harga saham. Secara simultan, ROA, EPS, dan DER berpengaruh signifikan terhadap harga saham perusahaan asuransi.
PENGARUH RETURN ON ASSETS (ROA), RETURN ON EQUITY (ROE), NET PROFIT MARGIN (NPM), GROSS PROFIT MARGIN (GPM) TERHADAP HARGA SAHAM PERBANKAN SYARIAH YANG TERDAFTAR DI BEI PERIODE 2021-2024 Halimatul Sayyidah; Heidi Siddiqa; Dheri Febiyani Lestari
JURNAL EKONOMI PERJUANGAN Vol. 7 No. 2 (2025): Jurnal Ekonomi Perjuangan (JUMPER)
Publisher : LP2M Universitas Perjuangan Tasikmalaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36423/jumper.v7i2.2436

Abstract

This study aims to analyze the effect of Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), and Gross Profit Margin (GPM) on stock prices of Islamic commercial banks listed on the Indonesia Stock Exchange. This research employs a quantitative method with an associative approach. The data used are secondary data obtained from annual financial statements and stock prices for the research period. Data analysis was conducted using multiple linear regression, including classical assumption tests, coefficient of determination, F-test, and t-test. The results show that partially, ROA and ROE have no significant effect on stock prices. NPM has a significant negative effect, while GPM (after transformation) has a significant positive effect on stock prices. Simultaneously, these four independent variables significantly influence stock prices. The coefficient of determination indicates that part of the variation in stock prices can be explained by these profitability variables, while the remaining variation is influenced by other factors outside the research model. These findings suggest that investors pay more attention to operational efficiency indicators (GPM) than to ROA or ROE when making investment decisions in Islamic bank stocks. This study is expected to serve as a reference for companies to improve financial performance and for investors as a consideration in making investment decisions.
PENGARUH LEVERAGE, LIQUIDITY, FIRM SIZE DAN GROWTH OPPORTUNITY TERHADAP HEDGING PADA PERUSAHAAN YANG TERDAFTAR DI BEI PERIODE 2010-2024 Luthfi Fathul Ba'ari; Heidi Siddiqa; Dheri Febiyani Lestari
JURNAL EKONOMI PERJUANGAN Vol. 7 No. 2 (2025): Jurnal Ekonomi Perjuangan (JUMPER)
Publisher : LP2M Universitas Perjuangan Tasikmalaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36423/jumper.v7i2.2494

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh leverage, liquidity, firm size, dan growth opportunity terhadap keputusan hedging pada perusahaan sektor otomotif yang terdaftar di Bursa Efek Indonesia (BEI) periode 2010–2024. Fenomena fluktuasi nilai tukar rupiah terhadap dolar Amerika Serikat mendorong perusahaan otomotif untuk menerapkan strategi hedging guna menjaga stabilitas keuangan. Penelitian ini menggunakan pendekatan kuantitatif dengan metode analisis regresi linier berganda. Sampel penelitian terdiri dari dua perusahaan besar, yaitu PT Astra International Tbk dan PT Indomobil Sukses Internasional Tbk, dengan data sekunder yang diperoleh dari laporan tahunan perusahaan. Hasil penelitian menunjukkan bahwa secara parsial, leverage, firm size, dan growth opportunity tidak berpengaruh signifikan terhadap keputusan hedging, sedangkan liquidity berpengaruh signifikan negatif. Secara simultan, keempat variabel independen berpengaruh terhadap hedging dengan koefisien determinasi (R²) sebesar 0,359, yang berarti model mampu menjelaskan 35,9% variasi keputusan hedging. Hasil penelitian ini diharapkan dapat memberikan kontribusi bagi perusahaan dalam merumuskan strategi manajemen risiko yang lebih efektif, serta menjadi referensi bagi penelitian selanjutnya.
ANALISIS PERILAKU INVESTASI DITINJAU DARI BEHAVIORAL INTENTION DAN FINANCIAL LITERACY Viska Putria Ananda; Dheri Febiyani Lestari; Della Apriani; Muhamad Zulfikar Bintang Satrio
JURNAL EKONOMI PERJUANGAN Vol. 7 No. 2 (2025): Jurnal Ekonomi Perjuangan (JUMPER)
Publisher : LP2M Universitas Perjuangan Tasikmalaya

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

Abstract

 The objectives of this study was to determine and analyze the description of behavioral intention, financial literacy, and investment behavior in Generation Z in Tasikmalaya City, as well as the influence of behavioral intention and financial literacy on investment behavior in Generation Z in Tasikmalaya City. The research method used in this study is the survey method, while the types of data used in this study are primary data and secondary data. The object of this study is Generation Z investors in Tasikmalaya City, with a research sample of 100 respondence and using sampling technique the non-probability sampling method. The data analysis technique used is multiple regression analysis. The results of the study indicate that behavioral intention, financial literacy, and investment behavior in Generation Z in Tasikmalaya City are included in the good category. The test results prove that behavioral intention and financial literacy simultaneously and partially have a significant effect on investment behavior in Generation Z in Tasikmalaya City.  
Determinan Produktivitas Kerja UMKM:Peran K3 dan Lingkungan Kerja Seblak Kering Kencur Bojongasih Tasikmalaya Sinta Septiani; Annisa Ciptaagustia; Dheri Febiyani Lestari
Jurnal Ekonomi Bisnis Antartika Vol. 4 No. 1 (2026): Juni
Publisher : Antartika Media Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70052/jeba.v4i1.1392

Abstract

Produktivitas kerja merupakan indikator utama keberhasilan pengelolaan sumber daya manusia pada Usaha Mikro, Kecil, dan Menengah (UMKM), termasuk sektor kuliner yang kerap menghadapi kendala Keselamatan dan Kesehatan Kerja (K3) serta lingkungan kerja yang kurang kondusif. Penelitian ini bertujuan menguji pengaruh K3 dan lingkungan kerja terhadap produktivitas karyawan di CV Seblak Kering Kencur Bojongasih, Kabupaten Tasikmalaya, yang menghadapi masalah sirkulasi udara buruk, suhu ruang ekstrem, pencahayaan redup, serta kepatuhan penggunaan Alat Pelindung Diri (APD) yang masih rendah, berkisar 25 persen hingga 62,5 persen. Pendekatan kuantitatif asosiatif digunakan dengan teknik total sampling terhadap 65 karyawan. Data dikumpulkan melalui kuesioner elektronik berskala Likert lima poin dan dianalisis menggunakan regresi linear berganda dengan bantuan SPSS versi 23. Hasil pengujian parsial menunjukkan K3 berkontribusi signifikan terhadap produktivitas karyawan, demikian pula variabel lingkungan kerja. Secara simultan, kedua variabel tersebut berkontribusi signifikan terhadap produktivitas karyawan dengan kemampuan menjelaskan varians sebesar 72,4 persen. Temuan sementara ini mengindikasikan bahwa peningkatan produktivitas karyawan pada UMKM sektor kuliner dapat diupayakan melalui penerapan kebijakan yang tepat, meliputi sistem penghargaan dan sanksi untuk meningkatkan kepatuhan penggunaan APD, perbaikan sistem ventilasi, serta penataan pencahayaan yang lebih baik di area produksi.   Work productivity is a fundamental indicator for measuring the success of human resource management in Micro, Small, and Medium Enterprises (MSMEs). This research aimed to examine the impact of Occupational Safety and Health (OHS) and work environment conditions on employee output at CV Seblak Kering Kencur Bojongasih in Tasikmalaya Regency. This business entity faces crucial challenges such as poor air circulation during the frying process, extreme room temperatures, and dim lighting in the manufacturing area. Furthermore, employee compliance with Personal Protective Equipment (PPE) is relatively low, ranging from 25% to 62.5%. A quantitative approach with an associative design was employed in this research. Using a saturated sampling technique (total sampling), the entire employee population, totaling 65, was included. The data collection instrument utilized an electronic questionnaire based on a 5-point Likert scale, which was then estimated through multiple linear regression analysis using SPSS version 23 software. Empirically, partial testing showed that OHS significantly contributed to increased productivity, with a t-value of 3.271 and a p-value of 0.002. Similar results were also found in the work environment variable, which was proven to contribute well and was statistically significant with a t-value of 3.198 and p-value of 0.002. Simultaneously, both variables had a significant influence on employee work efficiency, as indicated by an F-value of 81.508 and p-value of 0.000, with the ability to explain the variance of 72.4% (R² = 0.724). Based on these findings, improving employee performance in the culinary sector of MSMEs can be achieved through the implementation of appropriate policies. These efforts include the implementation of a reward and punishment system to increase compliance with the use of personal protective equipment (PPE), improvements to the ventilation system, and better lighting arrangements in production areas.
Co-Authors Ade Imam Adelia Nuraeni Adi Muhammad Nur Ihsan Aditia Abdurachman Agustian, Aldy Agustina, Gina Ahmad Faqih Farizi Ahmad, Wildanul Hakim Ai Kulsum Aldy Agustian Alfin Nur Arifah Alfin Amin Ma’rup Annisa Ciptaagustia Anwar Fauzi Arif Muhamad Nurdin Azmilah Hapidhatur Rahmah Barin Barlian Chairunnisa, Siti Della Apriani Della Apriani Dila Iklima Dwiana Fitria Azhari Elisha Oktapiyana Fadilah, Ridwan Geni Nurfadilah Halimatul Sayyidah Halimatul Sayyidah Heidi Siddiqa Heidi Siddiqa Heidi Siddiqa Heidi Siddiqa Herdian Muhammad Ramadhan Herdiyanti Herdiyanti, Herdiyanti Ika Sartika Ikhfani Agustin Isyana Rahayu Isyana Rahayu Isyana Rahayu, Isyana Jaenudin, Ujang Eri Khairani, Nisha Kamilla Laelatul Farida Latipah Amaliah Luthfi Fathul Ba'ari Luthfi Fathul Ba'ari Marni Marto Silalahi Media Aditia Abdurachman1 Melfa Sita Azzahra Mia Kristia Mimah Sukmawati Miranda Maryam Mochamad Taopik Nur Rohman Moh Luthfi Widya Direja Mohamad Yogi Nugraha Muhamad Risal Tawil Muhamad Zulfikar Bintang Satrio Muhammad Irsyad Elfin Mujtaba Mustopa Kamil Naya Cahyani Neng Dea Ananda Lusiana Ngurah Pandji Mertha Agung Durya Nova Samrotul Nurfadilah, Geni Nurherawati Nurherawati Nurlaila, Fitri Nurmalinda, Sinta Yuli Nursamsi, Dede Rizal Nurul Nuraeni Raisa Hillia Aini Syifa Ramdani Al Falah Ramdani Al Falah Ratnawita Ratnawita Ridwan Fadilah Rifan Nasir Purwanto Rima Anjani Rina Madyasari Risa Asti Nur Fadilah Riza Amalia Rizky Ridwan Rudi Kurniawan Siddiqa, Heidi Sinta Septiani Sri Rahmani Sudiarti, Sri Syifa Aenun Naja Taupik Akbar Viska Putria Ananda Viska Putria Ananda Yudi Setia Rachmanda