Article Per Year (5 Year)
p-Index From 2021 - 2026
7.316
P-Index
This Author published in this journals
All Journal JURNAL ECONOMIA Jurnal Pariwisata Pesona Teknika: Jurnal Sains dan Teknologi Jurnal Penelitian Pendidikan IPA (JPPIPA) Owner : Riset dan Jurnal Akuntansi JURNAL PENDIDIKAN TAMBUSAI Jurnal Ilmiah Edunomika (JIE) Enrichment : Journal of Management EKONOMI, KEUANGAN, INVESTASI DAN SYARIAH (EKUITAS) Community Development Journal: Jurnal Pengabdian Masyarakat JOURNAL OF BUSINESS AND ECONOMICS RESEARCH (JBE) JINAV: Journal of Information and Visualization KLIK: Kajian Ilmiah Informatika dan Komputer Jurnal Ekonomi Jurnal Bina Bangsa Ekonomika Batara Wisnu : Indonesian Journal of Community Services Bussman Journal : Indonesian Journal of Business and Management Journal of Management, Accounting, General Finance and International Economic Issues (MARGINAL) National Conference on Applied Business, Education & Technology (NCABET) Digital Bisnis: Jurnal Publikasi Ilmu Manajemen Dan E-commerce Indonesian Journal of Thousand Literacies Jurnal Pengabdian Masyarakat Bangsa Jurnal Riset Manajemen Ta'lim: Jurnal Pendidikan Agama Islam dan Manajemen Pendidikan Islam Bina Bangsa International Journal of Business and Management Dinamika Sosial: Jurnal Pengabdian Masyarakat Dan Transformasi Kesejahteraan WINDRADI: Jurnal Pengabdian Masyarakat MIMBAR PGSD FLOBAMORATA Jurnal Ilmiah Manajemen Dan Kewirausahaan Jurnal Publikasi Sistem Informasi dan Manajemen Bisnis Optimal: Jurnal Ekonomi dan Manajemen
Kenedi, Kenedi
Universitas Bina Bangsa
Religion Aerospace Engineering Agriculture, Biological Sciences & Forestry Arts Humanities Astronomy Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Chemistry Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Dentistry Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Energy Engineering Environmental Science Health Professions Immunology & microbiology Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Mathematics Mechanical Engineering Medicine & Pharmacology Neuroscience Nursing Physics Public Health Social Sciences Transportation Veterinary Other

Published : 56 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 56 Documents
Search

 1   2   3   4   5 
Tertiary Education, Investment, and Labor Force Participation as Determinants of Indonesia’s Economic Growth: Evidence from ARDL Analysis, 1990–2023 Anisa, Aan; Kenedi, Kenedi; Agustini, Anti Wulan
Journal of Business and Economics Research (JBE) Vol 6 No 3 (2025): October 2025
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/jbe.v6i3.8217

Abstract

The relationship between higher education and economic growth has been widely discussed, yet evidence from emerging economies such as Indonesia remains inconclusive, particularly when considering the interplay of education, investment, and labor market dynamics. This study seeks to address this gap by analyzing Indonesia’s economic performance from 1990 to 2023 using annual time-series data sourced from the World Bank. Employing the Autoregressive Distributed Lag (ARDL) approach, the analysis reveals that tertiary education enrollment exerts a significant positive contribution to economic expansion (coefficient = 0.0118, p < 0.01), while investment demonstrates a robust growth-enhancing effect (coefficient = 0.3859, p < 0.01). By contrast, labor force participation shows a negative association (coefficient = –0.0164, p < 0.05), reflecting structural inefficiencies in the labor market. In the short horizon, investment delivers immediate and significant benefits (coefficient = 0.4016, p < 0.01), whereas changes in labor force participation appear statistically negligible. The error correction term (–0.4622, p < 0.01) further indicates a moderate pace of adjustment, with nearly 46% of disequilibria resolved annually. These results highlight the need for policies that strengthen higher education quality, sustain a favorable investment climate, and reform labor markets, thereby ensuring that Indonesia moves toward inclusive and sustainable development.
Pengaruh Harga Emas, Suku Bunga dan Nilai Tukar Rupiah Terhadap Indeks Harga Saham Gabungan di Indonesia Budiman, Dedi; Munir Hidayat, Asep; Tejaarief, Billy; Kenedi, Kenedi; Wulan Agustini, Anti
Journal of Business and Economics Research (JBE) Vol 6 No 3 (2025): October 2025
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/jbe.v6i3.8261

Abstract

The main problem in the Indonesian capital market is the high volatility of the Jakarta Composite Index (JCI), which is often influenced by both external and internal factors, making it difficult for investors to make investment decisions. This uncertainty raises questions about the extent to which macroeconomic variables, particularly gold prices, interest rates, and the rupiah exchange rate, affect the movement of the JCI. The Jakarta Composite Index (JCI) is the primary indicator reflecting the performance of the Indonesian stock market. Its movement is heavily influenced by various macroeconomic variables, including gold prices, interest rates, and the rupiah exchange rate. Gold serves as a safe-haven asset favored during periods of market instability, while interest rates and exchange rates reflect monetary conditions and domestic purchasing power. This study aims to analyze the effect of gold prices, interest rates, and the rupiah exchange rate on the Jakarta Composite Index (JCI) in Indonesia. The method used is a quantitative approach with quarterly time series data from 2014 to 2024. The analysis was conducted using the Autoregressive Distributed Lag (ARDL) model with the assistance of EViews 12 software. The estimation results of the ARDL model show that in the short run, gold prices, interest rates, and the rupiah exchange rate do not have a significant effect on the JCI, as the t-statistic values of each variable are smaller than the t-table at a 5% significance level. However, in the long run, gold prices and the rupiah exchange rate have a significant effect on the JCI with t-statistic values of 2.984417 and 2.634944, respectively, which exceed the t-table. This indicates that movements in gold prices as a safe-haven asset and fluctuations in the exchange rate contribute to JCI dynamics in the long run. Conversely, interest rates show no significant effect in either the short run or the long run. These findings emphasize the importance of considering certain macroeconomic variables in the long run as a basis for investment decision-making in the Indonesian capital market. Therefore, stable and predictable macroeconomic policies are essential to create a healthy investment climate in Indonesia.
Pengaruh Kemiskinan, Pengangguran dan Inflasi Terhadap Pertumbuhan Ekonomi di Indonesia Darsono, Darsono; Munir Hidayat, Asep; Tejaarief, Billy; Kenedi, Kenedi; Wulan Agustini, Anti
Journal of Business and Economics Research (JBE) Vol 6 No 3 (2025): October 2025
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/jbe.v6i3.8262

Abstract

One of the main problems of Indonesia’s economy is the relatively low economic growth, which is often hampered by high levels of poverty, unemployment, and inflation. These conditions pose challenges in maintaining stability while promoting sustainable development. Economic growth is an important indicator in assessing the performance of a country’s development, which is influenced by various macroeconomic factors. This study aims to analyze the effect of poverty, unemployment, and inflation on Indonesia’s economic growth, both in the short run and long run. In addition, this research also identifies the adjustment mechanism through the error correction approach and analyzes the causal relationship among variables. The method used is secondary data analysis with a quantitative correlational approach. The model applied is the Autoregressive Distributed Lag (ARDL) based on time series data for the period 2014–2024, processed using EViews 12. The results show that in the long run, inflation has a negative and significant effect on economic growth, with a coefficient value of –0.421 and t-statistic 3.12 > t-table 2.06 at a 5% significance level. Unemployment also has a negative but insignificant effect with a coefficient of –0.178 (t-statistic 1.44 < t-table), while poverty shows no significant effect with a coefficient of –0.095 (t-statistic 1.12 < t-table). In the short run, no significant effect of the three variables on economic growth is found. The error correction term (ECT) value of –0.639 is significant at the 5% level, indicating an adjustment process toward long-run equilibrium. The Granger causality analysis also indicates a bidirectional relationship between inflation and economic growth. These findings emphasize that inflation is a key variable that must be controlled to maintain economic stability and foster long-term growth. Meanwhile, poverty alleviation and unemployment reduction policies need to be strengthened in order to have a more tangible impact on achieving sustainable economic growth.
Pengaruh Roe, Suku Bunga, Nilai Tukar terhadap Harga Saham Perusahaan Pertambangan yang Terdaftar di BEI Ayu Nuryani; Furtasan Ali Yusuf; Kenedi Kenedi
Jurnal Ilmiah Manajemen dan Kewirausahaan Vol. 4 No. 3 (2025): September: Jurnal Ilmiah Manajemen dan Kewirausahaan
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jimak.v4i3.4921

Abstract

The mining industry has become one of the hopes for the economic advancement of the nation. In the electric vehicle industry, Indonesia's metal and mineral raw material industry also contributes to the supply of raw materials for electric vehicles (EVs). This presents an attractive opportunity for investors to purchase shares in mining companies. This research aims to determine the long-term and short-term effects of Return on Equity (ROE), interest rates, and exchange rates on the stock prices of mining companies in the metal and mineral sub-industry (B146) listed on the Indonesia Stock Exchange (IDX) during the period of 2018-2019. The study employs a quantitative method and utilizes data analysis techniques with the assistance of Eviews-12, using a sample of 49 observations. The results indicate that ROE, interest rates, and exchange rates do not have a significant impact on stock prices in the short term. However, ROE and interest rates have a negative effect on stock prices in the long term, while exchange rates have a positive effect on stock prices in the long term.
Pengaruh Total Assets Turnover, Debt to Equity Ratio dan Return on Equity terhadap Harga Saham pada PT Aneka Tambang Tbk yang Terdaftar di Bursa Efek Indonesia Periode 2015-2024 Denisa Fitriya 'Uzzahra; Furtasan Ali Yusuf; Kenedi Kenedi
Jurnal Ilmiah Manajemen dan Kewirausahaan Vol. 4 No. 3 (2025): September: Jurnal Ilmiah Manajemen dan Kewirausahaan
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jimak.v4i3.4930

Abstract

The study was designed with the aim of determining the effect of TATO, DER, and ROE variables on stock price variables. A quantitative approach was used in this study, with time series data analysis through a multiple linear regression model based on Ordinary Least Squares (OLS), which was processed using Eviews12 software. The partial results of the TATO variable obtained While the DER variable showed meaning that acceptance of and ROE obtained a stating that was accepted. The results of the study simultaneously showed a In conclusion, TATO, DER, and ROE simultaneously and significantly influence stock price movements. However, TATO was found to have no significant effect on stock prices. In contrast, DER and ROE showed a significant real impact on stock prices.
Pengaruh Current Ratio, Suku Bunga dan Kondisi Finansial Distress terhadap Return Saham pada Perusahaan Manufaktur Subsektor Pulp dan Paper yang Terdaftar di Bursa Efek Indonesia Periode 2015-2024 Aryati Aryati; Kenedi Kenedi; Furtasan Ali Yusuf
Jurnal Ilmiah Manajemen dan Kewirausahaan Vol. 4 No. 3 (2025): September: Jurnal Ilmiah Manajemen dan Kewirausahaan
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jimak.v4i3.4932

Abstract

Stock returns serve as a key indicator for maximizing profits and minimizing investment risks. This study aims to examine the effect of Current Ratio, Interest Rate, and Financial Distress on Stock Returns in both the short term and long term for manufacturing companies in the pulp and paper sub-sector listed on the Indonesia Stock Exchange during the 2015–2024 period. The research employs a quantitative approach with a sample of 7 companies selected through purposive sampling. Data were analyzed using the Panel Autoregressive Distributed Lag (ARDL) method with the assistance of Eviews 12 software. The results show that in the short term, Current Ratio and Interest Rate do not significantly affect Stock Returns, while Financial Distress has a significant effect. In the long term, Current Ratio, Interest Rate, and Financial Distress all have a significant effect on Stock Returns. These findings imply that investors should carefully consider both company fundamentals and external macroeconomic factors when making investment decisions, particularly for long-term investments.
Decision-Making System for Determining Tuition Fees using the Simple Additive Weighting Method Gagah Dwiki Putra Aryono; Kenedi, Kenedi
KLIK: Kajian Ilmiah Informatika dan Komputer Vol. 4 No. 4 (2024): Februari 2024
Publisher : STMIK Budi Darma

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30865/klik.v4i4.1324

Abstract

This study aims to develop a decision-making system for determining tuition fees using the Simple Additive Weighting (SAW) method. The SAW method is a multi-criteria decision-making technique that calculates the weighted sum of decision alternative attributes. This system is designed to assist school administration in making decisions related to the determination of tuition fees for students, which is a crucial source of funding for school operations. The system was developed using PHP programming language and MySQL database. This study utilized descriptive research methods and data collection techniques such as interviews, observations, and documentation. The collected data were then analyzed using the SAW method to determine the weight of each attribute and rank the decision alternatives. The system's performance was evaluated using black-box testing methods, and the results indicated that the system exhibited excellent accuracy, reliability, and efficiency. The testing results showed that the developed system can assist school administration in making decisions related to the determination of tuition fees for students. The use of this system can simplify the decision-making process and reduce errors in decision-making, thereby enhancing school operational activities
Pengaruh Return on Equity dan Earning per Share terhadap Harga Saham Pada Perusahaan Manufaktur Subsektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2020-2024 Maharani, Adella; Kenedi, Kenedi; Yusuf, Furtasan Ali
Jurnal Pendidikan Tambusai Vol. 9 No. 2 (2025): Agustus
Publisher : LPPM Universitas Pahlawan Tuanku Tambusai, Riau, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jptam.v9i2.31503

Abstract

Pertumbuhan industri makanan dan minuman semakin kompetitif serta kestabilannya terhadap krisis global menjadi daya tarik investor. Penting bagi investor mengetahui kondisi keuangan perusahaan melalui analisis kinerja keuangan seperti rasio ROE dan EPS. Penelitian ini bertujuan untuk mengetahui pengaruh ROE dan EPS terhadap Harga Saham dalam jangka panjang dan jangka pendek. Penelitian ini menggunakan metode kuantitatif. Populasi sebanyak 83 perusahaan manufaktur subsektor makanan dan minuman, jumlah sampel sebanyak 10 perusahaan dengan teknik purposive sampling. Menggunakan jenis data sekunder dengan teknik analisis ARDL. Berdasarkan hasil uji t secara parsial hipotesis pertama, diperoleh ( t-statistik -0.84818 < t-tabel -2.01174), maka hipotesis pertama ditolak. Hipotesis kedua, diperoleh (t-statistik 1143.772 > t-tabel 2.01174), maka hipotesis kedua diterima. Hipotesis ketiga, diperoleh (t-statistik 0.984525 < t-tabel 2.01174), maka hipotesis ketiga ditolak. Hipotesis keempat, diperoleh (t-statistik 69.54827 > t-tabel 2.01174), maka hipotesis keempat diterima. Kesimpulannya, ROE dan EPS dalam jangka pendek tidak berpengaruh terhadap harga saham. Namun, dalam jangka panjang berpengaruh positif terhadap harga saham.
Pengaruh Debt to Asset Ratio dan Debt to Equity Ratio terhadap Return on Equity Pada Perusahaan Sektor Teknologi yang Terdaftar di Bursa Efek Indonesia Periode 2020-2024 Agustin, Nungki; Kenedi, Kenedi; Yusuf, Furtasan Ali
Jurnal Pendidikan Tambusai Vol. 9 No. 2 (2025): Agustus
Publisher : LPPM Universitas Pahlawan Tuanku Tambusai, Riau, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jptam.v9i2.31535

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh Debt to Aset Ratio dan Debt to Equity Rasio terhadap Return On Equity perusahaan sektor teknologi yang terdaftar di Bursa Efek Indonesia periode 2020–2024, baik dalam jangka pendek maupun jangka panjang. Metode penelitian yang digunakan adalah kuantitatif dengan pendekatan asosiatif. Data yang dianalisis merupakan data sekunder time series dengan Teknik analisis Autoregressive Distributed Lag (ARDL) menggunakan Eviews versi 12 dari laporan keuangan perusahaan subsektor makanan dan minuman tahun 2020–2024 sebanyak 6 perusahaan. Hasil uji menunjukkan bahwa Dalam jangka pendek, DAR tidak berpengaruh signifikan terhadap ROE (t-statistik -0,918117 < t-tabel 5,84091) dan Dalam jangka panjang, DAR berpengaruh negatif signifikan terhadap ROE (t-statistik = -6,764875> t-tabel 5,84091). Dalam jangka pendek, DER juga tidak berpengaruh signifikan terhadap ROE (t-statistik 0,3667 < t-tabel 5,84091) dan Dalam jangka panjang, DER berpengaruh positif signifikan terhadap ROE (t-statistik 16,56987 > t-tabel 5,84091) Kesimpulan dari penelitian ini menunjukkan bahwa Debt to Asset Ratio dalam jangka pendek tidak berpengaruh terhadap Return On Equity. Debt to Equity Ratio dalam jangka panjang berpengaruh posistif dan signifikan terhadap Return On Equity.
Pengaruh Return On Assets dan Return On Equity terhadap Harga Saham Perusahaan SubSektor Mkanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2020–2024 Sagina, Yunica Marsha; Kenedi, Kenedi; Yusuf, Furtasan Ali
Jurnal Pendidikan Tambusai Vol. 9 No. 2 (2025): Agustus
Publisher : LPPM Universitas Pahlawan Tuanku Tambusai, Riau, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jptam.v9i2.31554

Abstract

Perkembangan industry makanan dan minuman di Indonesia menunjukan pertumbuhan pesat seiring meningkatnya jumlah penduduk dan kebutuhan konsumsi, menjadikannya salah satu sektor strategis di BEI. Fluktuasi harga saham perusahaan subsektor ini dipengaruhi oleh berbagai faktor, termasuk kinerja keuangan perusahaan seperti ROA dan ROE yang merupakan indikator profitabilitas utama. Penelitian ini bertujuan untuk mengetahui pengaruh ROA dan ROE terhadap harga saham perusahaan subsektor makanan dan minuman yang terdaftar di BEI periode 2020–2024, baik dalam jangka pendek maupun jangka panjang. Metode penelitian yang digunakan adalah kuantitatif dengan pendekatan asosiatif. Data yang dianalisis merupakan data sekunder time series dengan Teknik analisis ARDL menggunakan Eviews versi 12 dari laporan keuangan perusahaan subsektor makanan dan minuman tahun 2020–2024 sebanyak 6 perusahaan. Hasil uji menunjukan bahwa ROA dalam jangka pendek tidak berpengaruh terhadap Harga Saham dan jangka panjang berpengaruh terhadap Harga Saham. ROE jangka pendek tidak berpengaruh terhadap Harga Saham dan jangka panjang berpengaruh terhadap Harga Saham. Kesimpulan dari penelitian ini menunjukan bahwa ROA dalam jangka pendek tidak berpengaruh terhadap Harga Saham. ROE dalam jangka panjang berpengaruh posistif dan signifikan terhadap harga saham.
Co-Authors Abdul Chatim Pramono Ade Idzhar Adelia Falina Andini Agung Nurfalah Agus Irawan Agus Sunardi Agustin, Nungki Ahmad Adrian Hanafiyah Ahmad Fatoni Ahmad, Rizqy Amelia Ramadhaniyah Alfa Ramadhan Ambarwati Ambarwati Amsilah, Amsilah Andini Mahdaniyah Anggriawan, Muhammad Angga Anisa Kusumawardani anisa pramitasari Anisa, Aan Anti Wulan Agustini Anti Wulan Agustini Anti Wulan Agustini Anti Wulan Agustini Anton April Laksana April Laksana Ardiyansah Ardiyansah Aryati Aryati Asep Munir Hidayat Asep Munir Hidayat Asep Munir Hidayat Aslami, Iron Fajrul Ayu Nuryani Azhar, Intan Nabila Basuki Rakhim Setya Permana Billy Tejaarief Billy Tejaarief Billy Tejaarief Billy Tejaarief Budiman, Dedi Cahya, Kamilah Darsono Darsono Dedy Khaerudin Denardo Denardo Denisa Fitriya 'Uzzahra Desti Saputri ENCEP SAEFULLAH, ENCEP Erika Agustiani Sihotang Fahmi Ramdani Farida, Gina Faturohman Furtasan Ali Yusuf Gagah Dwiki Putra Aryono Gina Farida Hadi Kurniawanto Harsiti Harsiti Hidayat, Asep Munir Imam Rozikin Indri Yani Intan Indria Dewi Intan Indria Dewi Iqbal Fernando Irwan Sukmawan Irwan Sukmawan Irwan Sukmawan Jesika Sulastri Kiki Setyawati Listiani, Mira Listiawati Listiawati Maharani, Adella Meisya Diazzahra Putri Basudewa Miftahul Huda Mohamad Hilman Muhamad Agisna Muhammad Angga Anggriawan Mulyani Mulyani Munawaroh Musa, Muhajir Novia Anggelina Nurhikmat, Mira Nuriyah, Nuriyah Okvin Mulia Pretty Failasufa Aziza Qotrun Nada, Zanuba Ratu Raida Fathiyya Adilla Rebion Raga Munggaran Riaz Muhammad Khatami Riska Ferdiana Riska Ferdiana Rizki Hidayatullah Rizki Hidayatullah Rudianto Rudianto Sagina, Yunica Marsha Sari Ningsih Septiyani, Rini Dwi Siti Hartati Tata Rustandi Tejaarief, Billy Udin Suadma Yuwan Ditra Krahara