Claim Missing Document
Check
Articles

Found 3 Documents
Search

The Influence of Leverage, Profitability, and Firm Value on Share Price: The Moderating Role of Inflation meliza, meliza; Umar Ali Akbar, Mohammad; Putri, Anggrainy
Jurnal Ilmiah Ekonomi Islam Vol 10, No 2 (2024): JIEI : Vol.10, No.2, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i2.13143

Abstract

The Sharia capital market in Indonesia has experienced significant growth in the number of transactions. However, the share prices of companies listed on the Jakarta Islamic Index tends to decline. Therefore, the purposes of the research were to examine the factors influencing the share prices of 30 firms listed on the Jakarta Islamic Index from 2018 to 2022. These factors include leverage, profitability, and firm value. This research also explores the role of inflation as a moderating variable on the influence of leverage, profitability, and firm value. Multiple regression analysis using random-effect model is employed to analyze the effect of leverage, profitability, and firm value on share price and the role of inflation as a moderator. The analysis results show that firm value has a significant positive effect on share price. Meanwhile, leverage and profitability do not have a significant effect. Inflation can only moderate the influence of firm value on the share price. This research contributes to determining company policies regarding improving financial performance and as a reference for the government in determining macroeconomic policies.
The Influence of Leverage, Profitability, and Firm Value on Share Price: The Moderating Role of Inflation meliza, meliza; Umar Ali Akbar, Mohammad; Putri, Anggrainy
Jurnal Ilmiah Ekonomi Islam Vol. 10 No. 2 (2024): JIEI : Vol.10, No.2, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i2.13143

Abstract

The Sharia capital market in Indonesia has experienced significant growth in the number of transactions. However, the share prices of companies listed on the Jakarta Islamic Index tends to decline. Therefore, the purposes of the research were to examine the factors influencing the share prices of 30 firms listed on the Jakarta Islamic Index from 2018 to 2022. These factors include leverage, profitability, and firm value. This research also explores the role of inflation as a moderating variable on the influence of leverage, profitability, and firm value. Multiple regression analysis using random-effect model is employed to analyze the effect of leverage, profitability, and firm value on share price and the role of inflation as a moderator. The analysis results show that firm value has a significant positive effect on share price. Meanwhile, leverage and profitability do not have a significant effect. Inflation can only moderate the influence of firm value on the share price. This research contributes to determining company policies regarding improving financial performance and as a reference for the government in determining macroeconomic policies.
WORKPLACE EXERCISE PROGRAM TO REDUCE MUSCULOSKELETAL COMPLAINTS AND INCREASE THE PRODUCTIVITY OF BATIK MAKERS IN PEKALONGAN REGENCY Irma Nahdliyyah, Ade; Hermawan, Agung; Putri, Anggrainy; Ario Fajar, Dwi; Akkapin, Supaphorn
SIBATIK JOURNAL: Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi, Dan Pendidikan Vol. 3 No. 11 (2024): October
Publisher : Penerbit Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/sibatik.v3i11.2491

Abstract

Pekalongan City is famous as the world's batik city which is a world heritage site determined by UNESCO (United Nations Educational, Scientific and Cultural Organization) on October 2, 2009. The development of the industry in both Pekalongan City and regency encompasses not only large-scale operations but also small and medium-sized enterprises. This is influenced by the increasing demand for batik both nationally and internationally. The impact of this increase causes an increase in workload and health problems. One of the problems that arise in batik workers is musculoskeletal complaints and increased physiological loads so that it can reduce worker productivity. Promotive and preventive measures can be implemented through workplace training programs. The training program provided to minimize these problems is by doing stretching and breathing exercises during their break times. By paying attention to the health of batik makers, it can maintain the sustainability of the batik industry in Pekalongan City. This study aims to help reduce musculoskeletal complaints of batik makers and increase their productivity by offering breathing exercises and active stretching exercises. This research is experimental research, using the same subject design (treatment by subject design). The number of research subjects 24 people. Based on the results of hypothesis testing, the average musculoskeletal complaint was significantly different between periods 1 and 2 with t=18.574and p value 0.000 (p<0.05). The average increase in productivity with a work pulse obtained t value = 4.956 and p value 0.000 (p <0.05). The results showed a significant decrease in musculoskeletal complaints and batik worker productivity in period 1 and period 2. Active stretching and breathing exercises for batik workers are urgently needed to reduce musculoskeletal complaints and a decrease in work pulse, which means it can reduce the physiological workload of batik workers so that it affects the health status of batik workers which in turn increases the productivity of batik workers.