cover
Contact Name
Hetty Karunia Tunjungsari
Contact Email
ijaeb@untar.ac.id
Phone
+6221-5655806
Journal Mail Official
ijaeb@untar.ac.id
Editorial Address
Jl. Letjen S. Parman No.1, RT.6/RW.16, Tomang, Kec. Grogol petamburan, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta 11440
Location
Kota adm. jakarta barat,
Dki jakarta
INDONESIA
International Journal of Application on Economics and Business
ISSN : -     EISSN : 29871972     DOI : https://doi.org/10.24912/ijaeb
International Journal of Application on Economics and Business (IJAEB) contains articles on the following topics: Entrepreneurship studies, Business studies, Management studies, Accounting studies, Economics studies
Articles 696 Documents
THE EFFECT OF LEVERAGE, LIQUIDITY, AND FIRM SIZE ON DIVIDEND POLICY Angela, Maria Goretti; Daryanti, Sri
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.257-265

Abstract

The purpose of this research is to measure the effects of leverage, liquidity, and firm size on the dividend policy of a manufacturing company listed on the Indonesian Stock Exchange (IDX) from 2018 to 2020. Purposive sampling was applied in this study to pick 43 organizations that met the sample criteria throughout a three-year period from 2018 to 2020, totaling 129 samples. The double linear regression approach with eviews software 12 was used to process the data. Research shows that independent variables leverage, liquidity, and corporate size are simultaneously affecting dependent variable of dividends policy. The result of partial research suggests that leverage with proxy DAR, liquidity with proxy CR does not affect the dividend policy with proxy DPR. Whereas the firm size with proxy SIZE affects the dividend policy.
THE IMPACT OF COVID-19 ON STOCK MARKET RETURNS Jessica, Jessica; Yanti, Yanti
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.266-275

Abstract

This study is done to analyze the effect of COVID-19 on stock returns in manufacturing companies listed on the Indonesian Stock Exchange (IDX) from March 2, 2020 to December 31, 2020. Sample was selected using purposive sampling method and the valid data was 167 companies. This study uses a fixed effect model and multiple linear regression analysis and analyzed utilizing EViews 12. The results in this study indicate that the daily growth in total confirmed COVID-19 cases, daily growth in total COVID-19 deaths and Large-Scale Social Restrictions (PSBB) has a negative significant effect on stock returns, while daily growth in total recovered COVID-19 cases has an insignificant effect on stock returns.
FINANCIAL, NON-FINANCIAL, AND MACRO-ECONOMIC FACTORS THAT AFFECT THE FIRST DAY PROFIT RATE WHEN CONDUCTING INITIAL PUBLIC OFFERING Ruth Pranadipta; Natsir, Khairina
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.276-289

Abstract

The intention of this research is to specify and analyze the influence of profitability, financial leverage, company age, underwriters, and inflation on the first day profit rate for firms that conduct initial public offerings on the Indonesia Stock Exchange (IDX). There were 212 firms that went public and were listed on the Indonesia Stock Exchange (IDX) for the 2016-2020 period. This study resulted in 172 companies as research samples. Purposive sampling method is a sampling technique utilized in this research. Data analysis utilized cross-sectional data with multiple linear regression analysis method which was processed using Eviews12 software. The results showed that profitability, financial leverage, and age of the company had no significant effect on the first day's profit rate. Meanwhile, underwriter reputation and inflation have a significant effect on the first day's profit rate.
FINANCIAL PERFORMANCE ANALYSIS OF PUBLIC HOSPITALS BEFORE AND DURING THE COVID-19 PANDEMIC Rexana, Fritzie A.; Widjaja, Indra
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.290-299

Abstract

This study is purposed to analyze the financial performance of public hospitals companies registered at the Indonesian Stock Exchange before and during the Covid-19 Pandemic. This study shows the difference of financial performance and financial ratio's changes within hospital due to the Covid-19 condition. The method of this study is quantitative. The data used are secondary data from financial reports of hospital between the period of second quarter of 2019 until first quarter of 2021. Financial performance of hospital is measured from statistical calculation on Current Ratio, Quick Ratio, Debt-to-Equity Ratio, Debt Ratio, Total Asset Turnover, Inventory Turnover, Net Profit Margin, and Return on Equity before and during the Covid-19 Pandemic. Result of Normality Data Test by using Kolmogorov Smirnov shows that asymp sig is < 0.05, so H0 is accepted and H1 is rejected, thus not normally distributed. Continued with the Wilcoxon Test with average rank of not so much different. Also, Statistical Test shows that asymp sig for each financial ratio is > 0.05, so that the hypothesis is rejected and thus can be concluded that the financial performance of public hospitals companies registered at Indonesian Stock Exchange are not significantly different. The changes of financial ratios of public hospitals due to Covid-19 Pandemic condition are noticeable in the decreasing of profitability ratio. This shows that public hospitals are in the conditions of the Covid-19 Pandemic, although hospital capacity looks overloaded, in terms of profitability, it has decreased, this can be due to the increasing operational burden of hospitals with special policies during the pandemic. Meanwhile, in terms of other financial ratios, the condition of the Covid- 19 Pandemic did not make the hospital's financial performance better than before the Covid-19 Pandemic.
THE EFFECT OF JOB MOTIVATION AND ORGANIZATIONAL COMMITMENT ON EMPLOYEE SATISFACTION Angellika, Viny; Masman, Ronnie Resdianto
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.300-309

Abstract

This study aimed to determine the effect of work motivation on employee job satisfaction and the effect of organizational commitment on employee job satisfaction at PT. XYZ in Central Jakarta. The sampling method illustrated in this research uses convenience sampling with 100 employees as respondents, 5 of whom were respondents in the initial survey of the study and 95 employees were respondents in the study. The Smart PLS3 analytical kit was used in this study. The results showed an influence of work motivation on the job satisfaction of PT. XYZ employees in Central Jakarta, and there was an influence of organizational commitment on the job satisfaction of PT. XYZ employees in Central Jakarta.
THE IMPACT OF IMPLEMENTING THE DIGITAL TECHNOLOGY INNOVATION ON BANKING PERFORMANCE IN INDONESIA Dharsono, Selvi; Arifin, Agus Zainul
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.310-316

Abstract

The purpose of this study is to obtain empirical evidence whether customer experience and customer satisfaction affect the financial performance of a bank for users digital banking in Indonesia. The number of samples in this study were 261 respondents. The criteria for respondents in this study are respondents who live in Jakarta, Bogor, Depok, Tangerang and Bekasi and respondents who are users of banking services digital banking. This study uses a non-probability sampling technique. Data collection techniques through questionnaires online. Data analysis using PLS-SEM. The result of the first research is that customer experience has a positive effect on financial performance. Second, customer satisfaction has a positive effect on financial performance.
THE INFLUENCE OF INFLATION, CRUDE OIL PRICES, AND THE RAMADAN EFFECT ON STOCK RETURN Supardi, Eviana Marvina; Rasyid, Rosmita
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.317-326

Abstract

This study aims to examine the effect of Inflation, Crude Oil Prices, and Ramadan Effect on Stock Return of manufacturing companies in Indonesia listed on the Indonesia Stock Exchange (IDX) during 2020. In this study, the sample selection technique used was purposive sampling with some predetermined criteria. This study shows that the independent variables in the form of Inflation and Crude Oil Prices have no effect on Stock Return. The other independent variable, Ramadan Effect shows a positive effect on Stock Return.
THE EFFECT OF ATTITUDE ON ENTREPRENEURIAL INTENTION AMONG STUDENTS IN SOUTH TANGERANG Samjuannita, Angel Veronica; Puspitowati, Ida
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.327-336

Abstract

This research was conducted to empirically test the effect of need for achievement, need for autonomy, creativity, and risk taking on entrepreneurial intentions among students in South Tangerang. Respondents in the study amounted to 233 people who were students from three universities in Southern Tangerang. This study uses a non-probability sampling technique with purposive sampling in obtaining primary data to be processed using Smart Partial Least Square (SmartPLS) software. This study discovered that the need for achievement and creativity have a positive and significant effect on entrepreneurial intentions, while the need for autonomy and risk taking have a positive but not significant effect on entrepreneurial intentions.
COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE BEFORE AND DURING COVID-19 PANDEMIC Surya, Kelly; Suhendah, Rousilita
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.337-348

Abstract

Many industries around the world are impacted by COVID-19 pandemic. In this research, we aim to examine the impact of COVID-19 pandemic to firms’ financial performance by analyzing whether there is significant difference between firms’ profitability, liquidity, solvency, and activity before and during COVID-19 pandemic. This study uses purposive sampling method which resulted in 105 companies from food and beverages, telecommunication, transportation, tourism, restaurant, and hotel subsectors listed in Indonesia Stock Exchange from 2019 to 2020. We first divide the data into two period, 2019 for the period before COVID-19 pandemic and 2020 for the period during COVID-19 pandemic. Then, we uses paired samples t-test and Wilcoxon signedrank test for hypothesis testing. The data is processed using IBM SPSS Statistics 26. The results indicate that the profitability and activity of food and beverages companies differ significantly, while liquidity and solvency do not. The solvency of telecommunication companies differs significantly, while profitability, liquidity, and activity do not. The profitability, solvency, and activity of transportation companies differ significantly, while liquidity does not. The profitability, liquidity, solvency, and activity of tourism, restaurant, and hotel companies differ significantly.
FACTORS AFFECTING CAPITAL STRUCTURE: A STUDY AMONG MANUFACTURING COMPANIES OF CONSUMER GOODS IN INDONESIA Anggraini, Nita; Sha, Thio Lie
International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i2.349-360

Abstract

This research aimed to obtain empirical evidence about the effects of tax, asset structure, business risk, and profitability on. capital structure in the manufacturing companies’ consumer goods sector listed on the Indonesia Stock Exchange during 2018-2020. The research method was descriptive research using quantitative. This research used 96 data that had been selected by using the purposive sampling method. Data analysis technique was done using a multiple linear regression analysis with EViews Software version 12. The results found that asset structure had negative and significant effect on the capital structure, while the tax, business risk, profitability had no significant effect on capital structure.