p-Index From 2021 - 2026
7.934
P-Index
This Author published in this journals
All Journal Trikonomika: Jurnal Ekonomi JAM : Jurnal Aplikasi Manajemen Jurnal Ilmiah Ekonomi Islam Jurnal Manajemen Indonesia Jurnal Mitra Manajemen JIM UPB (Jurnal Ilmiah Manajemen Universitas Putera Batam) SEIKO : Journal of Management & Business Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan JIKA: Jurnal Ilmu Keuangan dan Perbankan Journal of Humanities and Social Studies Almana : Jurnal Manajemen dan Bisnis JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi) Abdimas Umtas : Jurnal Pengabdian kepada Masyarakat MBIA Jurnal Ilmiah Akuntansi Manajemen JASF (Journal of Accounting and Strategic Finance) Jurnal Riset Akuntansi Kontemporer Jurnal Syntax Transformation Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Journal of Management and Bussines (JOMB) International Journal Of Science, Technology & Management (IJSTM) Journal of Economics and Business UBS Jurnal Ekonomi Efektif Jurnal Ekonomi Jurnal Abdi Masyarakat Indonesia International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Jurnal Pengabdian Masyarakat Akademisi IJFBP International Journal of Family Business Practices Jurnal Ilman: Jurnal Ilmu Manajemen Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi) Jurnal Indonesia Sosial Teknologi Journal Research of Social Science, Economics, and Management eProceedings of Management Enrichment: Journal of Multidisciplinary Research and Development INTERNATIONAL JOURNAL OF ECONOMICS AND MANAGEMENT REVIEW Majority Science Journal Jurnal Penelitian Pendidikan Indonesia In Search (Informatic, Science, Entrepreneur, Applied Art, Research, Humanism) Journal of Global Economic Research Proceeding of Community Service and Engagement
Claim Missing Document
Check
Articles

Effects of the Announcement of the Covid-19 Status Change on Stock Prices in the LQ45 Index of the Indonesia Stock Exchange in the Period of February - August 2020 Irni Yunita; Muhammad Farid Pratama; Roderta Cahya Diputra; Graciano Andre Damiao Maia
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5472

Abstract

This study aims to show the response of the stock price before and after the announcement of the Covid-19 status change from endemic to pandemic by WHO on March 12th, 2020. This research can be measured using abnormal returns and trading volume activity with the event study approach. The samples in this study are the shares of the LQ45 index issuers in the period of February 2020 - July 2020 selected using purposive sampling technique. In this study, the period used was 5 days before the announcement, 1 day at the time of the announcement, and 5 days after the announcement. The results of this study show that there was no significant difference on abnormal returns before and after the announcement of the Covid-19 status change towards the LQ45 stock index. Furthermore, there was no significant difference on trading volume activity before and after the announcement of the Covid-19 status change towards the LQ45 stock index.
Moderating Impact of Ownership Structure on Relationship of Equity Market Timing with Capital Structure on Companies Listed on Indonesia Stock Exchange Irni Yunita; Rina Indiastuti; Ria Ratna Ariawati; Erie Febrian
International Journal of Family Business Practices Vol 1, No 2 (2018)
Publisher : Faculty of Business, President University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (521.777 KB) | DOI: 10.33021/ijfbp.v1i2.641

Abstract

The purpose of this research is to determine the effect of market to book ratio on leverage change with ownership structure as moderating variable. The research sample is 41 companies in Indonesia Stock Exchange which conducted IPO in 2005 - 2010. The analysis period is five years after an IPO. The independent variable is market to book ratio, the dependent variable is leverage change and control variable is tangibility, profit and size. The moderating variables are managerial and institutional ownerships which included as ownership structure. This research is using data panel regression. The results show that companies in Indonesia pursued the equity market timing strategy because there is a positive effect of market to book ratio into equity issue and negative effect of market to book ratio into leverage change. The results also show that institutional ownership structure moderating the equity market timing. However, managerial ownership does not moderating the equity market timing.
Portofolio Optimal di Masa Pandemi COVID-19 dengan Single Index Model Kevin Krisna; Irni Yunita
Jurnal Ilman: Jurnal Ilmu Manajemen Vol. 10 No. 2 (2022): Juni
Publisher : Jurnal Ilman: Jurnal Ilmu Manajemen

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (210.665 KB)

Abstract

Tujuan penelitian ini adalah untuk mengkombinasikan saham pembentuk portofolio optimal beserta proporsi dananya, dan mengetahui tingkat return dan risiko portofolio yang terbentuk saat masa resesi akibat COVID-19 di Indonesia pada indeks saham IDXHIDIV20. Sampel penelitian ini yaitu 18 perusahaan yang terdaftar dalam indeks IDXHIDIV20 di Bursa Efek Indonesia periode Maret 2020-Juli 2021. Analisis data menggunakan langkah-langkah pembentukan portofolio optimal dengan Single Index Model. Hasil penelitian menunjukkan portofolio optimal terbentuk dari 10 saham dengan proporsi dana masing-masing yaitu TOWR (31,1544%), ITMG (21,3223%), ADRO (10,1776%), UNTR (9,2513%), KLBF (6,0673%), CPIN (9,7605%), PTBA (5,9854%), BBRI (3,0682%), BBCA (2,6998%), dan TLKM (0,5131%). Expected return harian portofolio sebesar 3,264% dan risiko harian portofolio sebesar 0,091%. Hasil penelitian menunjukkan bahwa pembentukan portofolio optimal di masa resesi akibat COVID-19 di Indonesia efektif untuk menurunkan tingkat risiko karena tingkat risiko ini lebih kecil dari berinvestasi pada saham individual dalam portofolio
PENGARUH LAR, DAR, NIETA, PDB PER KAPITA, INFLASI DAN SMCGDP TERHADAP ROA SUB SEKTOR PERBANKAN YANG TERDAFTAR DI BEI PERIODE 2016-2020 Vanessa Eleanor Saaba; Irni Yunita
Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi) Vol 6 No 3 (2022): Edisi September - Desember 2022
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1470.359 KB) | DOI: 10.31955/mea.v6i3.2471

Abstract

Perbankan yakni lembaga intermediary yang berperan penting pada kegiatan ekonomi nasional. Dengan demikian, penting diketahui berbagai faktor yang mempengaruhi profitabilitas perbankan. Tujuan penelitian ini yakni menguji dampak Loan to Asset Ratio (LAR), Debt to Asset Ratio (DAR), Non-Interest Expense to Total Asset Ratio (NIETA), PDB per Kapita (GDPERC), Inflasi, dan Stock Market Capitalization to GDP (SMCGDP) terhadap Return on Asset (ROA) sub sektor perbankan yang terdaftar di BEI tahun 2016-2020. Terdapat 38 perusahaan sub sektor perbankan yang terdaftar di BEI tahun 2016-2020 yang digunakan sebagai sampel dan dianalisis menggunakan regresi data panel. Berdasarkan hasil penelitian, variabel LAR, DAR, NIETA, PDB per Kapita, Inflasi, dan SMCGDP secara simultan memiliki pengaruh signifikan terhadap ROA sub sektor perbankan yang terdaftar di BEI tahun 2016-2020. Sedangkan secara parsial LAR, DAR, PDB per Kapita, Inflasi, dan SMCGDP tidak berdampak signifikan terhadap ROA. NIETA secara signifikan berdampak negatif terhadap ROA.
ANALISIS PERBANDINGAN KINERJA KEUANGAN SEBELUM DAN SAAT PANDEMI COVID-19 (STUDI KASUS PADA PERUSAHAAN PROPERTI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)) Khoirunnisa Az-Zahra; Irni Yunita
Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi) Vol 6 No 3 (2022): Edisi September - Desember 2022
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (354.122 KB) | DOI: 10.31955/mea.v6i3.2484

Abstract

Pandemi Covid-19 yang melanda Indonesia dapat memperlambat pertumbuhan ekonomi karena berdampak pada beberapa industri, termasuk industri properti. Keadaan ekspansi ekonomi seperti itu dapat mempengaruhi pilihan bisnis yang dibuat oleh perusahaan dan hasil keuangannya. Riset ini bermaksud membandingkan performa keuangan perusahaan properti sebelum dan selama wabah Covid-19 dengan memanfaatkan pendekatan Economic Value Added (EVA) dan Market Value Added (MVA). Dalam riset ini diterapkan metode kuantitatif komparatif. Populasi sampel riset ini berjumlah 40 perseroan properti yang diakui BEI. Temuan mengungkapkan bahwa pandemi Covid-19 memiliki pengaruh merugikan rata-rata pada performa keuangan, yang dievaluasi dengan EVA dan MVA. Menurut uji hipotesis metode EVA, performa keuangan sebelum dan selama wabah Covid-19 sangat bervariasi. Meskipun ada perbedaan yang besar antara performa keuangan sebelum dan selama pandemi Covid-19 untuk nilai MVA 2018 dan 2020, tetapi tidak ada perbedaan yang besar antara performa keuangan sebelum dan selama pandemi Covid-19 untuk MVA 2019 dan 2020.
Analisis Kinerja Reksadana Pada Sebelum dan Saat Pandemi Yang Terdaftar di OJK Periode Tahun 2019 - 2020 Almira Iffa Fauzia; Irni Yunita
SEIKO : Journal of Management & Business Vol 4, No 3 (2022)
Publisher : Program Pascasarjana STIE Amkop Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/sejaman.v4i3.3795

Abstract

Abstrak Organisasi Kesehatan Dunia / World Health Organization (WHO) resmi menyatakan bahwa virus corona yang sedang menyebar di seluruh penjuru dunia saat ini dapat diklasifikasikan sebagai pandemi global. Pandemi tersebut menimbulkan goncangan ekonomi yang mengarah pada resesi global karena kebijakan yang dilakukan untuk menekan penyebaran Covid-19. Namun dengan adanya penurunan pertumbuhan ekonomi tidak berdampak kepada penjualan di pasar saham. Untuk mengukur kinerja reksadana tersebut digunakan metode Sharpe Measure, Treynor Measure, dan Jensen Measure. Ketiga pengukuran kinerja tersebut mengasumsikan adanya hubungan linear antara pengembalian (return) portofolio dengan pengembalian dari beberapa indeks pasar. Metode Sharpe, Treynor dan Jensen dapat digunakan dalam pemilihan investasi dengan melihat kondisi pasar yang sedang berlangsung. Populasi penelitian yang digunakan adalah reksadana saham dari 4 manajer investasi terbaik tahun 2019-2020 yang tercatat di OJK (Otoritas Jasa Keuangan) yang dihitung menggunakan teknik analisis kuantitatif. Dari penelitian tersebut didapatkan hasil bahwa terdapat perbedaan kinerja reksadana saham konvensional pada sebelum dan saat pandemi dari hasil nilai perhitungan metode sharpe dan treynor, namun pada hasil nilai perhitungan metode jensen ditemukan bahwa tidak terdapat perbedaan kinerja reksadana saham konvensional pada sebelum dan saat pandemi. Sedangkan pada reksadana saham syariah juga didapatkan hasil bahwa terdapat perbedaan kinerja reksadana saham syariah pada sebelum dan saat pandemi dari hasil nilai perhitungan metode sharpe dan treynor dan tidak terdapat perbedaan kinerja reksadana saham syariah pada sebelum dan saat pandemi. Kata kunci : Kinerja Reksa dana Saham Konvensional, Kinerja Reksa dana Saham Syariah, Sharpe, Treynor, Jensen
Analisis Inflasi, Tingkat Suku Bunga, Dividend Payout Ratio, dan Current Ratio terhadap Risiko Sistematis Della Ferranti; Irni Yunita
TRIKONOMIKA Vol 14 No 1 (2015): June Edition
Publisher : Faculty of Economics and Business, University of Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (414.276 KB) | DOI: 10.23969/trikonomika.v14i1.591

Abstract

Investing is an activity that sacrifice the resources at this time in hopes of gaining greater profits in the future.. Before making an investment decision, an investor will consider many factors, one of which is about risk. There are two types of risk, systematic risk and unsystematic risk. Systematic risk is reflected in the value of beta coefficient. Beta indicates the volatility of stock return to market return. The purpose of this study was to determine the influence of inflation, interest rate, dividend payout ratio, and current ratio on systematic risk in State-owned Enterprises. This research was classified as descriptive verificative research. This study used data panel analysis with methods Common Effect Methods. These results indicate that inflation, interest rate, dividend payout ratio and current ratio does not have significant influence on systematic risk in State-owned Enterprises listed in Indonesia Stock Exchange period 2011-2013 either simultaneously or partially.
EFFECT OF CURRENT RATIO, RETURN ON EQUITY, NET PROFIT MARGIN, TOTAL ASSETS TURNOVER, AND DEBT TO ASSETS RATIO ON FIRM VALUE Diva Rifayani; Irni Yunita
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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

Abstract

Firm value becomes an investor's view of the company's success and is often associated with the stock price. Therefore, companies are facing challenges to be able to maintain their performance. This study aims to analyze the effect of CR, ROE, NPM, TATO, and DAR on the company value of property & real estate sub-sector listed on the Indonesia Stock Exchange during 2016-2020. The sampling technique was purposive sampling. The population was 78 companies and the total sample for this research was 220 data from 44 companies. This research found that CR, NPM, TATO, and DAR have a positive significant effect on firm value. Meanwhile, ROE has negative significant effect on firm value. Simultaneously CR, ROE, NPM, TATO, and DAR have a significant effect on firm value.
Merger and Acquisition: Do They Really Creates A Synergy Effect? Gadis Arimbi Puspita; Irni Yunita
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 6, No 4 (2023): Budapest International Research and Critics Institute November, In Progress
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v6i4.7775

Abstract

As competition continues to intensify across various industry sectors, companies are compelled to formulate strategies to remain competitive. One commonly used strategy is expansion through Mergers and Acquisitions (M&A), which, in theory, should create synergy and added value for the company. This research aims to test the effects of post-merger synergy, specifically operational synergy tested using Sales Growth and Earnings Per Share (EPS), and financial synergy tested using Debt Equity Ratio (DER). The study examined 17 companies that underwent M&A during the years 2015-2019, with a testing period of 3 years before and after the events, divided into 12 quarters. The research results indicate no significant differences in the three variables. Meanwhile, the synergy level tests using Gain Score Analysis show that 58.82% of companies did not experience operational synergy, as tested using Sales Growth. Furthermore, 64.71% of companies did not experience operational synergy, as tested using Earnings Per Share (EPS). Additionally, 47.06% of companies did not experience financial synergy, as tested using Debt Equity Ratio (DER).
Analisis Perbandingan Kinerja Keuangan dan Kinerja Pasar Sebelum dan Sesudah Akuisisi pada Perusahaan Pengakuisisi (Studi Kasus pada Perusahaan Publik yang Melakukan Akuisisi pada Tahun 2019-2020) Kishi Alandra; Irni Yunita
MBIA Vol 21 No 2 (2022): Management, Business, and Accounting (MBIA)
Publisher : Direktorat Riset dan Pengabdian kepada Masyarakat Universitas Bina Darma

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33557/mbia.v21i2.1876

Abstract

Competition between companies in this era of globalization requires the right strategy to realize the desired company goals, and one of the strategies is acquisition. Acquisition activities in Indonesia in 2019-2020 have increased because of the types of transactions and the scope of transactions. Acquisition activities carried out will be reflected in the company’s performance, namely financial and market performance. This study aims to determine the company's financial performance and market performance before and after the acquisition. This study uses a different test analysis technique: the Wilcoxon Signed Rank Test and the Paired T-Test. The results of this study are that the financial performance described by CR, DER, TATO, NPM, ROA, EPS and PER there is no significant difference before and after the acquisition and market performance as described by Tobin’s Q there is no significant difference before and after the acquisition. Keywords: acquisition; financial performances; market performances Abstrak Persaingan antar perusahaan pada era globalisasi ini diperlukan strategi yang tepat untuk guna memenuhi tujuan yang diinginkan perusahaan, yaitu akuisisi. Kegiatan akuisisi di Indonesia pada tahun 2019-2020 mengalami peningkatan karena jenis transaksi dan ruang lingkup transaksi mengalami peningkatan. Kegiatan akuisisi yang dilakukan akan tercermin pada kondisi kinerja keuangan dan kinerja pasar. Penelitian bertujuan untuk mengetahui apakah terdapat perbedaan kinerja keuangan dan kinerja pasar perusahaan sebelum dan sesudah akuisisi. Penelitian ini menggunakan teknik analisis data dengan Uji Wilcoxon Signed Rank Test serta Uji Paired T-Test. Hasil penelitian bahwa kinerja keuangan yang digambarkan dengan CR, DER, TATO, NPM, ROA, EPS dan PER tidak ada perbedaan yang signifikan sebelum dan sesudah akuisisi serta kinerja pasar yang digambarkan dengan Tobin’s Q tidak ada perbedaan yang signifikan sebelum dan sesudah akuisisi. Kata kunci: akuisisi; kinerja keuangan; kinerja pasar
Co-Authors Abdul Mukti Soma Adelia Nandira Maharani Adi Katon Pamungkas Adithya Yudha Agita Putra Pramana Agus Afrianingsih, Dwi Aisha Nur Izzati Aisha Nur Izzati Aldilla Iradianty Almira Iffa Fauzia Andini Pujasari Anggara Ramadhan Anggita Prameswari Anisah Firli Aprianto, Fadly Ayu Nur Rahmadhani Azizah, Reza Noor Bayu Aji Prasetyo Bella Salsabilla Cahyaningsih Cahyaningsih2 Damiao Maia, Graciano Andre Darussalam Darussalam Della Ferranti Della Ferranti, Della Dematria Pringgabayu Destyana, Devica Puteri Dian Novita Bukit Diva Rifayani Dwi Kurniawan, Dwi Dyah Ajeng Mulatsih Erie Febrian Fachrizal, Fiqhi Fadly Aprianto Fajar Sidiq Adi Prabowo Fajra Octrina Fiqhi Fachrizal Firmansyah, Fandi Firrisa Tsamara Munica Fitri Amanda Zuchrinata Gadis Arimbi Puspita Graciano Andre Damiao Maia Graciano Andre Damiao Maia Gushendri, Adzra Helga Engrasia Gustyana, Tieka Tri Kartika Hamudin, Piko Ihsan, TB Aria Maulana Irani, Annisa Salsabila Dwitha Jamhari Jamhari Jeffry Frans Rinaldo Silaban Kevin Krisna Khoirunnisa Az-Zahra Kishi Alandra Maghfirah Izani Desta Maria Apsari Sugiat Marpaung, Alvin Matheus Reinhard Marwa Dewi Ahdiyati Salim Mauli Permata Sari Meuthia Rahmawati Milleniasari, Poeti Annisa Muhammad Farhan Muhammad Farid Pratama Muhammad Iqbal Alamsyah Naurah Salsabila Naurah Salsabila Ramadhana Novemrian, Yandi Nuraulia, Naifah Nurhakim, Eko Sanjaya Nurwijayanti Palti Sitorus Piamalia, Novita Nur Priyambodo, Muhammad Ganang Puspita*, Gadis Arimbi Putri, Devina Dianra Putri, Salsabila Fadila Rahmawati, Meuthia Ratna Komala Putri Ratna Lindawati Lubis Ratna Lindawati Lubis Ray Burton Reza Noor Azizah Ria Ratna Ariawati Rina Indiastuti Rinaldi, Muhammad Adrian Daffa Nadino Rinaldo Silaban, Jeffry Frans Risanti, Sherly Nur Aulia Roderta Cahya Diputra Safitri Puji Lestari Sagung Desy Pratami, A.A Salma Salimah Salsabila Fadila Putri Sugiat, Maria Tiara Putri Nadiwa Trihandayani*, Deri Vanessa Eleanor Saaba Yudha, Adithya Yusoff, Yusliza Mohd