cover
Contact Name
Safrilia Ayu Nani
Contact Email
bpjfeb@ub.ac.id
Phone
+6285708508515
Journal Mail Official
csefb@ub.ac.id
Editorial Address
Jl. MT Haryono No 165 Malang Fakultas Ekonomi dan Bisnis Universitas Brawijaya
Location
Kota malang,
Jawa timur
INDONESIA
Contemporary Studies in Economic, Finance and Banking (CSEFB)
Published by Universitas Brawijaya
ISSN : -     EISSN : 29633303     DOI : 10.21776/ub.csefb
Core Subject : Economy, Social,
Publish all forms of quantitative and qualitative research articles as well as other scientific studies related to the fields of Economics, Finance, and Banking.
Articles 262 Documents
PENGARUH SOLVABILITAS, LIKUIDITAS, DAN HARGA KOMODITAS TERHADAP HARGA SAHAM MELALUI PROFITABILITAS SEBAGAI VARIABEL MEDIASI Siradj, Rana Raisya; Islami, Muhammad Irfan
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 3 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.3.16

Abstract

This study aims to analyze the relationship between financial performance and commodity prices on the share prices of coal mining companies listed on the Indonesian Stock Exchange during the period 2015- 2022. The research method used is quantitative-descriptive with a multiple linear regression approach. This research focuses on Debt to Equity Ratio (DER), Current Ratio (CR), Return on Assets (ROA), and coal prices. Through path analysis, the research indicate that ROA significantly mediates the impact of DER, CR, and Coal Price on the Stock Prices of coal mining companies. These finding contribute to understanding the factors influencing the stock prices of coal mining companies and have implication for investors, providing information for consideration in making investment decisions
ANALISIS PENGARUH PEMBIAYAAN KREDIT PERBANKAN, LAMA USAHA, DAN MEDIA PEMASARAN DIGITAL TERHADAP KEBERLANGSUNGAN USAHA MIKRO (STUDI KASUS USAHA MAKANAN DAN MINUMAN DI KOTA MALANG) Evita Safitri; Farah Wulandari Pangestuty
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.4.07

Abstract

This research aims to analyze the influence of banking loan financing , business age, and digital marketing media on micro-sized enterprises income in Malang City. This research uses quantitative research methods with linear regression analysis. The data used in this research uses primary data in the form of a questionnaire distributed to 99 respondents who are micro-sized enterprises in Malang City. This research found that the results of banking loan financing had a significant positive effect on the income of Food and Beverage enterprises  in Malang City, Business age had no significant effect on the income of food and Beverage enterprises in Malang City, and Digital marketing had a significant positive effect on the income of Food and Beverage enterprises in Malang City.
PENGARUH KURS,SUKU BUNGA,INFLASI DAN JUMLAH UANG BEREDAR TERHADAP INDEKS HARGA SAHAM GABUNGAN DI BURSA EFEK INDONESIA TAHUN 2014-2022 Mohammad Farhan; Ghozali Maski
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.4.08

Abstract

This study aims to investigate the influence of exchange rates, interest rates, inflation, and money supply on the Composite Stock Price Index (IHSG) at the Indonesia Stock Exchange during the period 2014-2022 using multiple linear regression analysis. The study utilizes secondary data obtained from Bank Indonesia, the Indonesia Stock Exchange, and the Central Statistics Agency. The analysis reveals that among the four independent variables examined, only the exchange rate significantly influences the IHSG. Specifically, changes in the exchange rate have a significant impact on the movement of the IHSG in the Indonesian capital market. Meanwhile, interest rates, inflation, and money supply do not show significant effects on the IHSG during the studied period. These findings provide valuable insights for investors and policymakers to understand the factors influencing the IHSG movements in the Indonesian stock market. The practical implication of this research underscores the importance of considering exchange rate factors in formulating investment strategies in the Indonesian stock market.
ANALISIS RETURN SAHAM PADA PERUSAHAAN GO PUBLIC SEBELUM MERGER DAN AKUISISI DAN FAKTOR DETERMINAN Febrian, Febby; Galuh, Ajeng Kartika
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.4.17

Abstract

The major changes that occur as a result of the merger and acquisition phenomenon have the potential to have a significant influence on stock returns. This research aims to determine the influence of determinant factors on stock returns before mergers and acquisitions, determine the influence of determinant factors on stock returns after mergers and acquisitions, and analyze differences in stock returns before and after mergers and acquisitions. This research is included in quantitative research and the type of data used in the research is secondary data from financial reports 2 years before and 2 years after mergers and acquisitions. The sample in this research consisted of 21 companies. The data analysis method used is the panel data regression analysis method and the paired sample t-test. The results of this research are that determinant factors have no effect on stock returns before mergers and acquisitions, determinant factors have an effect on stock returns after mergers and acquisitions and there are differences in stock returns before and after mergers and acquisitions.
ANALISIS PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM BPD BERDASARKAN KRITERIA BENJAMIN GRAHAM Widarto, Farah Ashila Oktavianda; Maski, Ghozali
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 3 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.3.13

Abstract

This research aims to analyze the effect of Earning per Share (EPS), Price Earning Ratio (PER), Dividend Yield (DY), Price to Book Value (PBV), and Current Ratio (CR) on the stock prices of Regional Development Bank based on the criteria of Benjamin Graham. The type of research used is quantitative research. The population in this study is the Regional Development Bank conducted in the third quarter of 2013 to the second quarter of 2023. This study uses secondary data sources with sample selection using purposive sampling method. The data analysis method uses panel data regression analysis. The results of this study indicate that the variables Earning per Share (EPS), Price Earning Ratio (PER), Dividend Yield (DY), Price to Book Value (PBV), and Current Ratio (CR) simultaneously have a significant influence on the stock prices variable. While partially, Price Earning Ratio (PER) and Dividend Yield (DY) variables have a negative and significant influence on stock prices. Price to Book Value (PBV) and Current Ratio (CR) variables have a positive and significant influence on stock prices. Meanwhile, Earning per Share (EPS) variable has a positive and insignificant effect on stock prices.
PENGARUH KOMPETISI BANK TERHADAP STABILITAS SISTEM KEUANGAN PERBANKAN (STUDI KASUS PADA KBMI IV TAHUN 2019-2022) Febryianti, Elvira; Yenny Kornitasari
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 3 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.3.20

Abstract

The emergence of banking as an intermediary institution plays a very important role in the economy because it is the heart that must pump "money" and distribute it to all organs that need the money. Therefore, it is very important to maintain the stability of the banking financial system. The development of the banking system can trigger competition in the banking industry which can affect banking stability. This research was conducted to determine the effect of bank competition on the stability of the banking financial system. This research focuses on KBMI 4 data which is a large bank HHI index, market share and Loan to Deposit Ratio (LDR) used as a proxy for competition and Non-Performing Loans (NPL) as a proxy for banking financial stability. The analysis technique used is Panel Data Regression with KBMI 4th ​​quarter data for 2019-2022. Of these three variables, the HHI index and Loan to Deposit Ratio (LDR) variables have a significant effect on Non-Performing Loans (NPL). Meanwhile, the market share variable has no significant effect on Non-Performing Loans (NPL).
PENGARUH EARNING PER SHARE, RETURN ON ASSET, NET PROFIT MARGIN, DAN DIVIDEND PAYOUT RATIO TERHADAP HARGA SAHAM PERUSAHAAN SEKTOR MANUFAKTUR YANG TERDAFTAR DI BEI PERIODE 2017 - 2023 Putri, Anastasya Azzahra Maharani; Indraswari, Citra Rahayu
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.4.10

Abstract

Manufacturing is one sector of the Indonesian economy that is quite important and that draws a lot of interest from investors. Before buying or selling shares, investors should keep an eye on the company's performance to minimize potential risks. The purpose of this study is to ascertain how EPS, ROA, NPM, and DPR affect the share price of manufacturing sector businesses that are listed on the IDX between 2017 and 2023. Previous research yielded varying outcomes since it focused on a single manufacturing subsector. The quantitative research approach is panel data regression analysis. The study's conclusions indicate that whereas EPS and ROA have a considerable impact on stock prices, NPM and DPR do not. The combination of EPS, ROA, NPM, and DPR significantly affects stock price. With these results, it is expected that companies can focus on strategies to increase EPS and ROA to increase investor attractiveness and stock prices.
ANALISIS FAKTOR-FAKTOR YANG MEMENGARUHI PENYALURAN KREDIT DOMESTIK PADA ASEAN COUNTRIES Nurhalizah, Imelda Indri; Prestianawati, Silvi Asna
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.4.06

Abstract

This research aims to analyze the determinants of interest rates, profit tax, total debt service, gross domestic product (GDP), and time to resolve insolvency on domestic credit by banks in ASEAN countries. This research is descriptive quantitative research using secondary data obtained from the World Bank website in 2013-2022 by taking a sample of ASEAN countries namely Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, and Brunei Darussalam. The analysis used in this research is the panel data regression method. This research is expected to contribute to government policy, namely improving credit quality in Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, and Brunei Darussalam. The result show that time to resolve insolvency is significant to domestic credit to private sector by banks, while nominal interest rates, profit tax, total debt service, and gross domestic product have no significant effect.
ANALISIS PENGARUH HARGA SAHAM, VOLATILITAS HARGA SAHAM,DAN VOLUME PERDAGANGAN SAHAM TERHADAP BID-ASK SPREAD PERUSAHAAN LQ - 45 (PERIODE 2018 – 2022) Hernanda, Bima; David Kaluge
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.4.20

Abstract

The researcher aims to identify the impact caused by several factors such as trading volume, stock price volatility, and stock prices on the bid-ask spread in several companies on the LQ-45 index list. A quantitative approach is used as a research method and uses panel data regression analysis. The data used is a time series and cross sectional in the time period 2018 to 2022. Based on the research results, it was found that there was a negative and significant influence between stock prices on the bid-ask spread. Apart from that, it was found that there was a positive and significant influence on the price volatility variable and stock trading volume on the bid-ask spread variable. Overall the bid-ask spread is simultaneously influenced by stock price variables, stock price volatility variables and stock trading volume variables.
ANALISIS PEMBENTUKAN PORTOFOLIO OPTIMAL DENGAN MEMPERTIMBANGKAN TOLERANSI RISIKO PADA SAHAM INDEKS KOMPAS100 PERIODE 2020-2022 Sianipar, Yosua Yosafat; Tyas Danarti Hascaryani
Contemporary Studies in Economic, Finance and Banking Vol. 3 No. 4 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2024.03.4.09

Abstract

The purpose of this study is to determine the composition of the optimal portfolio on stocks indexed kompas100 based on risk tolerance through systematic risk. This study uses the CAPM and SIM models to form an optimal portfolio by considering risk tolerance through systematic risk. With the results there are 34 stocks in the kompas100 index that can be used as optimal portfolio candidates. And form 3 optimal portfolios based on high systematic risk, low systematic risk, and without considering systematic risk which then provides recommendations for investors in choosing the portfolio they like and expect.