Claim Missing Document
Check
Articles

Found 2 Documents
Search

PENGARUH NET PROFIT MARGIN, WORKING CAPITAL TURNOVER DAN DEBT TO EQUITY RATIO TERHADAP FINANCIAL DISTRESS PADA SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018-2023 Submission JORAPI; Sandrina Latief Firdaus; Siti Nur’aidawati
Journal of Research and Publication Innovation Vol 2 No 4 (2024): OCTOBER
Publisher : Journal of Research and Publication Innovation

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

Abstract

This study aims to provide empirical evidence of the effect of Net Profit Margin, Working Capital Turnover, and  Debt to Equity Ratio on Financial distress . The type of research used is quantitative descriptive in nature and the data used is secondary data in the form of financial reports. This study uses a sample of food and beverage sub-sector companies listed on the Indonesia Stock Exchange during the 2018-2023 period. Determination of the sample using purposive sampling in order to obtain 12 companies with a total sample of 72 units of analysis. Data analysis in this study uses panel data analysis using Eviews 12 software. The results showed finansial partial effect of Net Profit Margin on Financial distress where the t-count value is 0.310419 <  t table 1,99546893 with a significant value of  0.7572 >  0,05,. Working Capital Turnover partially affects on Financial distress where the t-count value is 4.102105 >  t table 1,99546893 with a significant value of  0.0001 < 0,05, Debt to Equity Rasio partially affects on Financial distress where the t-count value is -3.206088 > t table 1,99546893 with a significant value of  0.0021 < 0,05.  Simultaneously Net Profit Margin, Working Capital Turnover dan Debt to Equity Ratio have an effect on  Financial distress where the F-count value is 7.535781 > F table 2,7395 with a significant value of 0,00200 < 0,05. While the coefficient of determination (R²) value is 21,63%  the remaining 78,37% is influenced by other variables not examined.
The Effect of Inflation, Interest Rates, Exchange Rates, and Foreign Exchange Reserves on the Composite Stock Price Index (IHSG) on the Indonesia Stock Exchange 2013-2024 Rudi Sanjaya; Nur Izzati Riang Hepat; Siti Nur’aidawati
International Journal of Economics and Management Research Vol. 5 No. 2 (2026): August : International Journal of Economics and Management Research
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/ijemr.v5i2.800

Abstract

Over the period from 2013 to 2024, this study examines how inflation, interest rates, exchange rates, and foreign exchange reserves impact Jakarta Composite Index (JCI), which is listed on Indonesia Stock Exchange. The JCI functions as a broad measure of stock market performance in Indonesia and reflects broader macroeconomic conditions. This research employs a quantitative approach utilizing time-series data over twelve years. Secondary data were collected from official publications of Bank Indonesia, the Indonesia Stock Exchange, and Yahoo Finance. Analytical procedures include descriptive statistics, classical assumption testing, multiple linear regression, hypothesis testing (t-test and F-test), and coefficient of determination analysis, processed using SPSS. Findings indicate that, partially, inflation, interest rates, and exchange rates do not exert a statistically significant effect on the JCI. In contrast, foreign currency reserves demonstrate its positive and significant influence on index. Simultaneously, all macroeconomic variables collectively influence the JCI significantly. The Adjusted R² value of 0.891 suggests that 89.1% of JCI variation is explained by selected macroeconomic variables, while the remaining 10.9% is attributable to additional elements not discussed in this research.