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Pengaruh Debt to Equity Ratio, Return on Asset, dan Earning per Share terhadap Price to Book Value pada PT Bank Central Asia Tbk Periode 2014-2023 Robiyatun Robiyatun; Diana Riyana Harjayanti
Ilmu Sosial, Ekonomi, dan Humaniora Vol 1 No 2: Juli 2024
Publisher : Lembaga Kajian Demokrasi dan Pemberdayaan Masyarakat (LKD-PM)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33753/sociora.v1i2.23

Abstract

This research aims to determine the partial or simultaneous influence of the variables Debt to Equity Ratio (DER), Return on Assets (ROA), and Earnings Per Share (EPS) on Price Book Value (PBV). The population used in this research are all financial reports of PT Bank Central Asia Tbk for the 2014 - 2023 period and the samples come from financial statement position, profit and loss reports, stock overviews for 2014 - 2023. The type of research method used in this research is explanatory research with quantitative methods . Namely descriptive statistics of ratios. The research results show that the Debt to Equity Ratio has a tcount of 0.600 with a positive direction < ttable 2.30600 and a significant value of 0.571 > 0.05. So, personally, the Debt to Equity Ratio has no effect and is not significant on the Price Book Value. Return On Assets has a tcount of 1.539 with a positive direction < ttable 2.30600 and a significant value of 0.175 > 0.05. So that partially Return On Assets has no effect and is not significant on Price Book Value. Earning Per Share has a tcount of -2.444 with a negative direction < ttable 2.30600 and a significant value of 0.05 > 0.05. So in partial terms it can be interpreted that Earning Per Share has no effect and is not significant on Price to Book Value. Fcount is 4.068 < Ftable value of 4.76 with a significance value of 0.068 > 0.05. Thus, it can be concluded that simultaneously Debt to Equity Ratio, Return on Assets, and Earning Per Share have no effect and are not significant on Price to Book Value. And also the coefficient of determination (Adjusted R Square) is 0.506 or 50.6 percent and the remaining 49.4 percent is influenced by other variables outside the research model. Abstrak Penelitian ini bertujuan untuk mengetahui pengaruh secara parsial maupun secara simultan variabel Debt to Equity Ratio (DER), Retrun on Asset (ROA), dan Eaening Per Share (EPS) Terhadap Price Book Value (PBV). Populasi yang digunakan dalam penelitian ini adalah semua laporan keuangan PT Bank Central Asia Tbk Periode 2014 – 2023 dan sampelnya berasal dari posisi laporan keuangan, laba rugi, ikhtisar saham tahun 2014 – 2023. Jenis metode penelitian yang digunakan dalam penelitian ini adalah penelitian eksplanatori dengan metode kuantitatif. Yaitu statistik deskriptiv dari rasio – rasio. Hasil penelitian menunjukan Debt to Equity Ratio memiliki thitung 0.600 dengan arah positif < ttabel 2,30600 dan nilai signifikan  sebesar 0,571 > 0,05. Sehingga secara persial Debt to Equity Ratio tidak berpengaruh dan tidak signifikan terhadap Price Book Value. Return On Assets memiliki thitung 1,539 dengan arah positif < ttabel 2,30600 dan nilai signifikan sebesar 0,175 > 0,05. Sehingga secara persial Return On Assets tidak berpengaruh dan tidak signifikan terhadap Price Book Value. Earning Per Share memiliki thitung -2,444 dengan arah negatif < ttabel 2,30600 dan nilai signifikan 0,05 >0,05.Sehingga secara persial dapat diartikan Earning Per Share tidak berpengaruh dan tidak signifikan terhadap Price to Book Value. Fhitung sebesar 4,068 < nilai Ftabel sebesar 4,76 dengan nilai signifikasi sebesar 0,068 > 0,05. Dengan demikian maka dapat disimpulkan bahwa secara simultan Debt to Equity Ratio, Retrun on Asset, dan Earning Per Share tidak berpengaruh dan tidak signifikan terhadap Price to Book Value. Dan juga hasil nilai koefisien determinasi (Adjusted R Square) sebesar 0,506 atau 50,6 persen dan sisanya 49,4 persen dipengaruhi oleh variabel lain di luar model penelitian. Kata Kunci: debt to equity ratio; retrun on asset; earning per share; price to book value
Effect Economic Value Added and Market Value Added to Stock Return Sub-Sector Cement Industry on BEI 2019-2023 Diana Riyana Harjayanti; Risma Marliana; Ifa Nurmasari; Dony Oktariswan
Jurnal MANDIRI: Ilmu Pengetahuan, Seni, dan Teknologi Vol 8 No 1: Juni 2024
Publisher : Lembaga Kajian Demokrasi dan Pemberdayaan Masyarakat (LKD-PM)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33753/mandiri.v8i1.287

Abstract

The purpose of this study is to determine the effect of Economic Value Added (EVA) and Market Value Added (MVA) on stock return in manufacturing companies sub-sector cement industry listed on the Indonesia Stock Exchange period of 2019 – 2023. This research was conducted using a quantitative analysis method. This study using panel data regression analysis calculate in Eviews 13 program. Results of study shows that partially Economic Value Added (EVA) on Stock Return with value t-value 1.188 with a positive direction of < ttable 2.048 and a significant value of 0.2475 > 0.05 which means that Economic Value Added does not have a significant effect on stock return especially in manufacturing companies-sub sector cement industry period 2019 - 2023. And partially Market Value Added (MVA) to the Return of Stocks with a calculated value of t-value -3.990 with a negative direction > ttable 2.048 and a significant value of 0.0006 < 0.05, This means that Market Value Added (MVA) has a significant effect on stock returns, especially in manufacturing companies-sub sector cement industry period the 2019 - 2023 period. And simultaneously (together) Economic Value Added (EVA) and Market Value Added (MVA) have a significant effect on Stock Return with a calculated value of F-value 6.1407 with a positive direction > Ftable 2.510 and 0.0004 < 0,05. And also the result of the determination coefficient value (Adjusted R Square) of 0.553 or 55.3% and the remaining 44.7% was influenced by other variables outside the research model.
Does Good Corporate Governance Influence Banking Performance in Indonesia? Diana Riyana Harjayanti; Vani Lusiana; Reza Octovian; Ifa Nurmasari; Mira Falatifah
Jurnal MANDIRI: Ilmu Pengetahuan, Seni, dan Teknologi Vol 10 No 1: Juni 2026
Publisher : Lembaga Kajian Demokrasi dan Pemberdayaan Masyarakat (LKD-PM)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33753/mandiri.v10i1.408

Abstract

This research aims to determine influence Good Corporate Governance (GCG) on financial performance in banking sector companies listed on the Indonesian for the period 2019 - 2024. The present study uses GCG variables, such the Board of Director, Independent Board of Commissioner, and Audit Committee for regression analysis using Return on Assets (ROA) ratio as financial performance. The empirical findings indicate with significance level on 0,05 that the Board of Directors negative significant influence on ROA. In contrast, the Independent Board of Commissioners has positive insignificant and the Audit Committee exhibit negative insignificant individual influence on ROA. Nevertheless, the three governance variables jointly influence on ROA, with an adjusted R² of 69.2582%, suggesting that the proposed model contribute substantial proportion of the variation in banking financial performance.