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PENGARUH KEPEMILIKAN MANAJERIAL,KEPEMILIKAN INSTITUSSIONAL DAN PROFITABILITAS TERHADAP KEBIJAKAN HUTANG PADA PERUSAHAAN SUB SEKTOR LOGAM DAN SEJENISNYA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021 Astuti, Mia; Marzuki, Agustina; Ridho, Ahmad Muhammad; Nopen, Candra Nopen4; Sazili, Sazili
JEMBATAN (Jurnal Ekonomi, Manajemen, Bisnis, Auditing, dan Akuntansi) Vol 7 No 2 (2022): JEMBATAN (Jurnal Ekonomi, Manajemen, Bisnis, Auditing, dan Akuntansi)
Publisher : P3M STIE Mulia Darma Pratama

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54077/jembatan.v7i2.135

Abstract

Kebijakan hutang merupakan kebijakan pendanaan perusahaan mengenai penambahan atau pengurangan hutang perusahaan yang diambil oleh pihak manajemen dalam rangka memperoleh sumber pembiayaan bagi perusahaan sehingga dapat digunakan untuk membiayai aktivitas operasional perusahaan. Faktor-faktor yang mempengaruhi kebijakan hutang dalam penelitian ini adalah kepemilikan manajerial, kepemilikan institusional dan profitabilitas. Metode penelitian yang digunakan kuantitatif dan analisis deskriptif. Teknik sampel menggunakan sampling purposive, jumlah populasi adalah 17 perusahaan sub sektor logam dan sejenisnya di BEI periode 2017-2021, sehingga sampel penelitian yang memenuhi kriteria sebanyak 6 perusahaan. Metode pengumpulan data menggunakan data sekunder yang berasal dari laporan keuangan sedangkan alat analisis data adalah regresi linier berganda dengan menggunakan SPSS versi 26.0. Penelitian ini memiliki hasil yang menunjukkan bahwa secara parsial kepemilikan manajerial dan profitabilitas berpengaruh negatif terhadap kebijakan hutang sedangkan kepemilikan institusional berpengaruh positif terhadap kebijakan hutang. Hasil nilai koefisien determinasi sebesar 60,5% yang menunjukkan bahwa kepemilikan manajerial, kepemilikan institusional dan profitabilitas berpengaruh terhadap kebijakan hutang, sisanya 39,5% dipengaruhi variabel lain yang tidak dimasukkan dalam penelitian ini.
PENGARUH NET PROFIT MARGIN DAN TOTAL ASET TURN OVER TERHADAP EARNING PERSHARE PADA PERUSAHAAN SUB SEKTOR FOOD AND BEVERAGES YANG TERDAFTAR DI BEI PERIODE 2018-2022 Sinurat, Donisius G; Marzuki, Agustina
JEMBATAN (Jurnal Ekonomi, Manajemen, Bisnis, Auditing, dan Akuntansi) Vol 8 No 2 (2023): JEMBATAN (Jurnal Ekonomi, Manajemen, Bisnis, Auditing, dan Akuntansi)
Publisher : P3M STIE Mulia Darma Pratama

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54077/jembatan.v8i2.169

Abstract

Perusahaan makanan dan minuman merupakan salah satu kategori sektor industri di BEI yang mempunyai peluang untuk tumbuh dan berkembang. Industri makanan dan minuman diprediksi akan membaik kondisinya.Hal tersebut menunjukkan bahwa sektor industri makanan dan minuman mempunyai peran yang besar terhadap pertumbuhan ekonomi di Indonesia.Kondisi ini membuat persaingan semakin ketat sehingga para manajer perusahaan berlomba-lomba mencari investor untuk menginvestasikan dananya di perusahaan makanan dan minuman tersebut. Tujuan penelitian.1) untuk mengetahui perkembangan net profit margin dan total asset turn over terhadap earning per share pada perusahaan sub sektor food and beverages yang terdaftar di BEI Periode 2018-2022.2) Untuk mengetahui pengaruh net profit margin dan total asset turn over terhadap earning per share pada perusahaan sub sektor food and beverages yang terdaftar di BEI Periode 2018-2022.Metodeyang digunakan dalam penelitian ini adalah metode kuantitatif.Hasil penelitian menunjukkan variabelNet Profit Margin (X1) berpengaruh terhadap Earning Per Share(Y) sebesar 10,745dengan tingkat signifikan 0,000. VariabelTotal Aset Turnover (X2)berpengaruh terhadap Earning Per Share (Y) sebesar 1,759dengan tingkat signifikan 0,000. Variabel Net Profit Margin (X1) dan Total Aset Turnover (X2) secara simultan berpengaruh terhadap Earning Per Share (Y) sebesar 59,776 dengan tingkat siginifikasi 0,000.
The Effect of Fundamental Factors and Earnings Growth on Stock Prices in Food and Beverage Subsector Companies on the IDX for the 2019-2023 Period Ima Andriyani; Triana, Asti; Marzuki, Agustina
International Journal of Management and Business Economics Vol. 3 No. 1 (2024): October
Publisher : CV Putra Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58540/ijmebe.v3i1.634

Abstract

This study aims to determine and analyze the effect of Fundamental Factors consisting of Earning Per Share (EPS), Price to Book Value (PBV), Price to Earning Ratio (PER) and Earnings Growth on Share Prices in food and beverage subsector companies listed on the Indonesia Stock Exchange for the 2019-2023 period. The sample used in this study is the financial statements of food and beverage subsector companies for the period 2019 to 2023. The method used in determining the sample is by using purposive sampling method, and obtained as many as 13 companies. Data analysis used in research with the Eviews program. The results showed that EPS has a significant effect on stock prices, PBV has a significant effect on stock prices, PER has a significant effect on stock prices, earnings growth has no significant effect on stock prices. While simultaneously EPS, PBV, PER and earnings growth have a significant effect on stock prices. The implication in this study is that the signaling theory of the research results affects the rise and fall of stock prices. In view of the high fundamental factors, it shows a positive signal for the company, especially in stock prices. However, it does not apply to earnings growth because if earnings growth is high, it will have a bad effect on stock prices as well as for investors, but investors can look deeper into financial ratios.
The Effect Of Debt To Equity Ratio, Debt To Asset Ratio, And Sales Growth On Financial Performance In Transportation And Logistics Sector Companies In The Period 2019-2024 Ima, Ima Andriyani; Marzuki, Agustina; Suharti, Suharti; Efrizal, Herman; Sahila, Sahila
Journal of Management, Economic, and Accounting Vol. 4 No. 1 (2025): Januari- Juni
Publisher : Universitas Dehasen Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/jmea.v4i1.745

Abstract

This study aims to examine the effect of debt to equity ratio, debt to asset ratio and sales growth on financial performance in transportation and logistics sector companies listed on the Indonesia Stock Exchange in 2019-2024. This study uses a quantitative method. The population in this study were 35 transportation and logistics sector companies. The sample in this study was eight companies. The data collection technique in this study used documentation techniques. The data analysis technique in this study used descriptive statistical analysis, classical assumption tests, and multiple linear regression tests, and hypothesis tests. The data sources used are secondary data obtained from the official IDX website (www.idx.co.id) and the official website of the company concerned. The population in this study were transportation and logistics sector companies listed on the Indonesia Stock Exchange in 2019-2024. The sampling technique was carried out using purposive sampling. This study produces; (1) There is a positive influence between Debt to Equity Ratio on financial performance. (2) There is an influence between debt to asset ratio on financial performance (3) There is an influence between sales growth on financial performance. (4) There is an influence between debt to equity ratio (DER), and debt to asset ratio (DAR), sales growth on financial performance in transportation and logistics sector companies listed on the Indonesia Stock Exchange in 2019-2024. (5) R Square of the three independent variables, namely debt to equity ratio, debt to asset ratio and sales growth, is able to influence the dependent variable, namely financial performance by 79.5% and the other 20.5% is influenced by other factors outside this study. The implications of this study emphasize the importance of managing a healthy capital structure, both through Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR), to improve the company's financial performance. In addition, positive sales growth has also been proven to be significant in supporting financial performance. Therefore, companies in the transportation and logistics sector can utilize these findings by more strategically managing debt, assets, and increasing sales to maintain competitiveness and attract investor interest. These findings are also relevant for policy makers to formulate regulations that support the growth of the sector.