cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Yunita Engraini
Contact Email
yunitaengriani@fe.unp.ac.id
Phone
+6281290602249
Journal Mail Official
jkmk@unp.ac.id
Editorial Address
Prof Dr. Hamka. Rd, Air Tawar Barat, North Padang Padang City, West Sumatera, Indonesia 25132
Location
Kota padang,
Sumatera barat
INDONESIA
Financial Management Studies
Published by Universitas Negeri Padang
ISSN : 27984524     EISSN : 27984516     DOI : https://doi.org/10.24036/jkmk.v3i2
Core Subject : Economy, Science, Education, Social,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences
The aim of this journal is to publish articles dedicated to the latest outstanding developments in the fields of financial management
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 7 Documents
 1 
Search results for , issue "Vol. 3 No. 3 (2023): Financial Management Studies" : 7 Documents clear
Pengaruh Likuiditas Saham Terhadap Excess Leverage pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Warzukni, Asyifa; Rasyid, Rosyeni
Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkmk.v3i3.161

Abstract

This study aims to analyze the effect of stock liquidity on excess leverage proxied by Excess Book Leverage (Booklev) and Excess Market Leverage (Marketlev) in manufacturing companies listed on the Indonesia Stock Exchange. This study uses three control variables, namely Return on Asset (ROA), Size, and Tangibility. The population in this study is all manufacturing companies listed on the Indonesia Stock Exchange in 2017-2021 totaling 232 companies. While the number of samples in this study amounted to 51 companies determined by the purposive sampling method and obtained a total of 255 data. The type of data used in this study is pre-existing data, obtained from the IDX Fact Book and the annual report of the sample companies. The analysis approach applied is to use multiple linear regression methods. From the results of the study, it can be concluded that there is a negative and significant relationship between stock liquidity with Excess Book Leverage (Booklev) and Excess Market Leverage (Marketlev) in manufacturing companies listed on the Indonesia Stock Exchange.
The Measurement Model of Sosial Capital, Risk Taking and Sustainability in SMEs in West Sumatra Yolanda, Fiska; Masdupi, Erni
Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkmk.v3i3.163

Abstract

This study provides evidence of a measurement model (confirmatory factor analysis--CFA) of sustainability, sosial capital and risk taking. UKM in West Sumatra in 2023. The purpose of this research is to test the accuracy of the measurement model on the data thas has been collected. To answer this research question using a structural equation model (SEM), with a sample of 250 SMEs. The resulting data analysis found that the hypothesized model is valid and significant. The sustainability indicator has a significant factor loading and is more than 0,3. With the highest loading standard on the sixth indicator of 0,876, and the lowest loading standard on the third indicator of 0,445. The sosial capital indicators have all significant factor loadings and are more than 0,3. The highest loading standard is the seventh indicator of 0,886 and the lowest is the fourth indicator of 0,401. Risk taking also has a factor loading of all significant indicators and more than 0,3. With the highest loading standard located on the first indicator of 0,930, and the lowest loading standard on the fifth indicator, namely 0,582.
The Effect of Financial Ratios, Corporate Governance, and Macroeconomics on Financial Distress in Tourism Industry Service Companies Listed on the Indonesia Stock Exchange Mulia Putri, Cika; Tasman, Abel
Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkmk.v3i3.166

Abstract

This study aims to analyze the effect of (1) profitability on financial distress, (2) liquidity on financial distress, (3) leverage on financial distress, (4) gender diversity on financial distress, (5) institutional ownership on financial distress, (6) ) inflation on financial distress, (7) interest rates on the financial distress of tourism industry service companies listed on the Indonesia Stock Exchange before and during the Covid-19 Pandemic. While the sample in this study was determined using the purposive sampling method, namely tourism industry service companies with data prior to the Covid-19 Pandemic for six consecutive years from 2014-2019 so that a total sample of 18 companies was obtained with 108 observational data and data during the Covid Pandemic. -19 for two consecutive years from 2020-2021 so that a total sample of 18 companies was obtained with 144 observational data. The analytical method used is the logistic regression method using the IBM SPSS Statistics 25 program. The results of this study concluded before the Covid-19 Pandemic that (1) profitability as measured by ROE had a significant negative effect on financial distress, (2) liquidity as measured by CR was negative and did not have a significant effect on financial distress, (3) leverage as measured with DER having a significant negative effect on financial distress, (4) gender diversity is negative and has no significant effect on financial distress, (5) institutional ownership is positive and has no significant effect on financial distress, (6) inflation is negative and has no significant effect on financial distress, (7) positive interest rates and no significant effect on financial distress. While the results of research during the Covid-19 Pandemic concluded that (1) profitability as measured by ROE had a significant negative effect on financial distress, (2) liquidity as measured by CR had a significant negative effect on financial distress, (3) leverage as measured by DER negative and has no significant effect on financial distress, (4) gender diversity has a positive and no significant effect on financial distress, (5) institutional ownership has a significant positive effect on financial distress, (6) inflation has a significant negative effect on financial distress, (7) ethnicity positive interest and no significant effect on financial distress.
Hanifah, Siti Jihan The Effect Of The Characteristics Of The Board Of Commissioners On The Financial Performance Of Manufacturing Companies In The Consumer Goods Industry Sector Listed On The Indonesian Stock Exchange (IDX) : Pengaruh Karakteristik Dewan Komisaris Terhadap Kinerja Keuangan Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Tercatat Di Bursa Efek Indonesia Hanifah, Siti Jihan
Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkmk.v3i3.170

Abstract

.
The Influence of Company Size, Leverage, Tax Avoidance, and Business Risk on Company Value in Property and Real Estate Companies Listed on the Indonesian Stock Exchange Amanda Zafira, Giza
Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkmk.v3i3.183

Abstract

This research aims to assess the impact of four factors on company value within property and real estate companies listed on the Indonesia Stock Exchange during the years 2018-2022. The factors studied include (1) company size, (2) leverage, (3) tax avoidance, and (4) business risk. The study's population comprises 84 property and real estate companies listed on the Indonesia Stock Exchange. The sample, selected through purposive sampling, consists of companies from the property and real estate sector over a five-year period from 2018 to 2022, resulting in a sample size of 19 companies with a total of 86 observation data points. Multiple linear regression analysis using the IBM SPSS Statistics 25 software is the method of analysis employed. The research findings indicate that (1) company size significantly and positively influences company value, (2) leverage does not significantly affect company value, (3) tax avoidance does not significantly impact company value, and (4) business risk does not significantly affect company value
The Effect Of Profitability and Firm Size On Firm Value With Capital Structure As a Mediating Variable In Companies Transportation Sub-Sector Companies Listed On The Indonesia Stock Exchange Widyawati, Dewi; Lasmini, Rizki Sri
Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkmk.v3i3.184

Abstract

This study aims to analyze the effect of profitability and firm size on firm value with capital structure as a mediating variable. This research was conducted at 29 transportation sub-sector companies on the Indonesia Stock Exchange. The data used from 2016 to 2020. The data is obtained from the annual report published on the IDX website or the website of each transportation sub-sector company. The analysis method used is path analysis, where testing of direct effects is done through the t-statistic test, while testing of indirect effects is done using the Sobel test. The testing process was carried out using SPSS. This research is conducted by using two equation models. In the first equation, it is found that profitability has a positive and significant effect on capital structure, while company size has no significant effect on the capital structure of transportation sub-sector companies on the Indonesia Stock Exchange. In the second equation model, it is found that profitability has no significant effect on firm value, but company size and capital structure have a significant effect on firm value. At the stage of testing the indirect effect conducted with the Sobel test, it is found that the capital structure is able to mediate the relationship between profitability and firm value. In addition, from the results of the second indirect effect test, it is also found that the capital structure is able to mediate the relationship between company size and the company's capital structure.
ANALISIS LAPORAN KEUANGAN INDUSTRI PENERBANGAN YANG TERDAFTAR DI BEI SEBELUM DAN SESUDAH COVID19 Delfiani, Silvi; Ridhaningsih, Fitria; Febriyanti, Herlinda Fitri
Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jkmk.v3i3.190

Abstract

The aim of this study is to analyze the performance of companies in Indonesia that are listed on the Indonesian Stock Exchange in the period before and after the COVID-19 pandemic, or 2019 to 2022. An assessment of company performance is based on the ratio of liquidity, solvency, and profitability. The object of this research is a company that moves into the aviation industry and uses purposive sampling techniques. Thus, three airlines, GIAA, CMPP, and IATA, were obtained. From the results of this study, it is known that all the samples experienced a decrease in performance when the COVID-19 pandemic occurred, namely in 2020 and 2021. The COVID-19 pandemic has had a negative impact on company performance. Then in 2022, there was a fairly rapid improvement, led by the GIAA.

Page 1 of 1 | Total Record : 7

 1 

Filter by Year

2023 2023


Reset
Filter By Issues
All Issue Vol. 4 No. 2 (2024): Financial Management Studies Vol. 4 No. 1 (2024): Financial Management Studies Vol. 3 No. 3 (2023): Financial Management Studies Vol. 3 No. 2 (2023): Financial Management Studies Vol. 3 No. 1 (2023): Financial Management Studies Vol. 2 No. 4 (2022): Financial Management Studies Vol. 2 No. 3 (2022): Financial Management Studies Vol. 2 No. 2 (2022): Financial Management Studies Vol. 2 No. 1 (2022): Financial Management Studies Vol. 1 No. 4 (2021): Financial Management Studies Vol. 1 No. 3 (2021): Financial Management Studies Vol. 1 No. 2 (2021): Financial Management Studies Vol. 1 No. 1 (2021): Financial Management Studies More Issue