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Contact Name
Nur Sandi Marsuni
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+6285796461067
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balance@unismuh.ac.id
Editorial Address
Jl. Sultan Alauddin No.259, Gn. Sari, Kec. Rappocini Kota Makassar, Sulawesi Selatan
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Kota makassar,
Sulawesi selatan
INDONESIA
Balance: Jurnal Ekonomi
ISSN : 18582192     EISSN : 26865467     DOI : 10.26618/jeb
Core Subject : Economy,
Balance: Jurnal Ekonomi has p-ISSN 1858-2192 and e-ISSN 2686-5467 published by the Development Economics Study Program of the Faculty of Economics and Business, Muhammadiyah University of Makassar, this journal publishes research articles in the field of Economics. This journal publishes research studies that use various qualitative and/or quantitative methods and approaches in the field of Economics. This journal aims to develop concepts, theories, perspectives, paradigms, and methodologies in the scope of Economics published twice a year, namely June and December. The scope of Balance: Journal of Economics covers Economics and Development, Economic Behavior, Islamic Economic System, International Economy as well as applied sciences of Statistical Economics, Macro and Micro. Article submissions are made using the Balance: Jurnal Ekonomi template accompanied by supporting documents in the form of: a statement of authorship, ethics, and a copyright statement, which can be downloaded on the main page of the Balance: Jurnal Ekonomi website. Balance: Jurnal Ekonomi has been single-reviewed by peer reviewers. The decision to accept or not accept scientific articles in this journal is the right of the Editorial Board based on recommendations from peer reviewers.
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Articles 375 Documents
PREDICTING OF FINANCIAL DISTRESS WITH THE ALTMAN Z-SCORE MODEL OF RETAIL COMPANIES LISTED ON IDX Arohmawati, Putri Puji; Pertiwi, Tri Kartika
Jurnal Ekonomi Balance Vol. 17 No. 2 (2021): (December 2021)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6273

Abstract

This research aims to examine and analyze the impact of current ratio, return on assets, debt to asset ratio, and total asset turnover rate on the estimated financial distress status of retail trading companies listed on the Indonesian stock exchange. This research is a quantitative research. The data used in this study are second hand data. The totality of this research is the retail trade sub-sector companies that were listed on the Indonesian Stock Exchange from 2015 to 2019. The sampling technique is purposeful sampling, with a total of 17 companies. The analysis method used is logistic regression analysis. The results of this research analysis have a significant impact on the variable current ratio, asset return, asset liability ratio and total asset turnover. In part, the current ratio variable has a negative and significant effect, the asset return rate variable has a negative and significant effect, the asset liability ratio variable has a negative and insignificant effect, and the total asset turnover rate variable has a negative and significant effect. Estimate the financial distress status of companies in the retail trading sub-sector listed on the Indonesian Stock Exchange.Keywords: Financial distress, Current Ratio, Return On Assets, Debt to Assets Ratio, Total Assets Turnover
THE EFFECT OF THE AMBASSADOR BRAND AND WORD OF MOUTH ON THE HONDA VARIO BRAND AWARENESS at MPM MOTOR NGAGEL Sholikhah, Shindia Faridatus; Susilowati, Luky
Jurnal Ekonomi Balance Vol. 17 No. 2 (2021): (December 2021)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6276

Abstract

At this time companies are competing to determine competitive strategies in order to maintain their products among similar competing companies, namely by instilling brand awareness of their products to potential consumers. Brand awareness is very important so that people know the brand of a product. Brand ambassadors and word of mouth are used by companies in order to increase brand awareness of the product in the minds of consumers.The population in this study is MPM Motor Ngagel consumers who have purchased a Honda Vario in 2020. The sampling method used is random sampling/probability sampling using the Slovin formula. The samples taken were 71 respondents. The data used are primary data and secondary data. While the analysis technique used in this research is Partical Least Square (PLS).Based on the results of the study, it can be seen that Brand Ambassador and Word Of Mouth have a positive and significant effect on Brand Awareness of Honda Vario at MPM Motor Ngagel.
THE EFFECT OF MARKET ORIENTATION ON GOFOOD PARTNER MARKETING PERFORMANCE IN SURABAYA Suhelmi, Suhelmi; Susilowati, Luky; Zumrotul, Zumrotul
Jurnal Ekonomi Balance Vol. 17 No. 2 (2021): (December 2021)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6277

Abstract

Today's digital start-ups have succeeded in creating a new trend and can solve problems in society. One that is attracting attention today is Gojek. Not only does it provide benefits from the consumer side, but Gojek can also provide benefits from the business side, one of which is by joining as a GoFood business partner or commonly called a "GoFood Partner". This study aims to determine the effect of market orientation on the marketing performance of Gofood Partners in Surabaya. This study involved 70 respondents who are owners or managers and customers of Gofood in the city of Surabaya. By using the Purposive sampling method, data collection was carried out by distributing questionnaires. The analytical technique used in this research is using the component-based SEM method using PLS. The results found indicate that Market Orientation has a positive effect on Marketing Performance. The better the market orientation carried out by gofood partners, the marketing performance will also increase.
THE EFFECT OF PROFITABILITY ON STOCK PRICE WITH COMPANY SIZE AS A MODERING VARIABLE hidayat, david mu'amar; Pertiwi, Tri Kartika
Jurnal Ekonomi Balance Vol. 17 No. 1 (2021): (June 2021)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6281

Abstract

The purpose of this research is to test the effect of profitability on stock prices with the size of the company as a variable moderation. This study used a population of food and beverage companies listed on the IDX during the period 2015 - 2019. The profitability ratio used is the return on asset (ROA). This research is based on signaling theory. This research uses the method of consulting the T-test analysis and the F test. There are 14 companies as samples obtained using the purposive sampling method. The data collection method used is the study of data documentation which is secondary data. The approach used is a quantitative approach with multiple linear regression in conducting hypothesis tests using spss applications as a tool in hypothesis testing. Test results in this study showed profitability had a significant influence on stock prices, and profitability had a significant influence on stock prices moderated by firm size.
THE EFFECT OF PROFITABILITY ON COMPANY VALUE WITH DIVIDEND POLICY AS INTERVENING VARIABLES Barna, Rafly Tyas; Pertiwi, Tri Kartika
Jurnal Ekonomi Balance Vol. 17 No. 1 (2021): (June 2021)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6293

Abstract

The objective of this study is to determine the effect of profitability on firm value with dividend policy as a mediating variable of manufacturing companies from 2016-2019. This study is quantitative research. The applied population is 62 companies, and samples are 17 companies. The profitability proxied by the ROA, the firm value proxied by the PBV, and the dividend policy proxied by the DPR. The result of the analysis shows that profitability has a significant positive effect on firm value. Profitability has a positive and significant effect on dividend policy. Dividend policy has a negative and not significant effect on firm value. The dividend policy is not significant as mediates the effect of profitability on firm value in manufacturing companies.
STOCK INVESTMENT DECISION ANALYSIS ON INVESTORS IN SURABAYA Sihotang, Albertus Evanelian; Pertiwi, Tri Kartika
Jurnal Ekonomi Balance Vol. 17 No. 1 (2021): (June 2021)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6369

Abstract

This study aims to empirically prove the impact of overconfidence, risk perception, loss aversion, and herding behavior on stock investment decisions in the city of Surabaya. The population in this research were stock investors in the city of Surabaya who found 87,702 people, with a sample of 135 people obtained through purposive sampling technique. The analysis method of this research uses Partial Least Square. According to the results of research that has already done, overconfidence has a significant positive effect on investment decisions, risk perception has a significant positive effect on investment decisions, loss aversion has no significant positive effect on investment decisions, herding behavior has a positive effect on investment decisions.
ANALYSIS OF COMPANY VALUE ON COAL SUB SECTOR COMPANIES IN BURSA EFEK INDONESIA Nurdiyana, Nadya Aisyah; Nur, Dhani Ichsanuddin
Jurnal Ekonomi Balance Vol. 17 No. 1 (2021): (June 2021)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6433

Abstract

The aim of this study was to examine the contribution of liquidity, leverage, and activity on firm value in coal sub-sector companies on the Indonesia Stock Exchange. The sample was taken through purposive sampling so that 20 coal sub-sector companies were obtained. The analytical method used is multiple linear regression analysis. Hypothesis testing is done by using the simultaneous test and partial test. Based on the result, this research claims that liquidity (current ratio) and activity (total asset turnover ratio) cannot contribute to company value, meanwhile, leverage (debt to asset ratio) can contribute to company value.
THE EFFECT OF PROFITABILITY, PROFIT MANAGEMENT, AND FINANCIAL DISTRESS ON TAX AGGRESSIVENESS (STUDY ON COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE, 2016-2019) Ayem, Sri; Chandra Putry, Nur Anita; Mahala Kelen, Gaudensia Hilaria
Jurnal Ekonomi Balance Vol. 16 No. 2 (2020): (December 2020)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6473

Abstract

This research aims to examine the effect of profitability, earnings management, and financial distress on tax aggressiveness. The researcher used the secondary data, with the purposing sampling method as a sampling technique to the companies listed on the Indonesia Stock Exchange in the year 2016 up to 2019. There were 15 companies used as the data during four years, and there were 60 samples. Multiple regression analysis is used as the method of data analysis. The result of this research indicated that the effect of profitability, earnings management, and financial distress had a positive effect on tax aggressiveness.
INFLUENCE OF CAPITAL ADEQUACY RATIO AND NON PERFORMING FINANCE ON PROFITABILITY (Case Study of Islamic Commercial Banks Registered with OJK 2014-2019) Nuraeni, Nuraeni; Pradistya, Irvan Yoga
Jurnal Ekonomi Balance Vol. 16 No. 2 (2020): (December 2020)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6474

Abstract

This study aims to determine the effect of Capital Adequacy Ratio and Non-Performance Finance on Return on Assets (Case Study of Islamic Commercial Banks registered with the Financial Services Authority in 2014-2019). The sample taken is 36 data taken from 2014 - 2019 with annual data on CAR, NPF, and ROA. The statistical methods used in this study are multiple regression analysis, Classical Assumption Test, Descriptive Statistical Analysis, Determination Analysis, and Hypothesis Testing. From the results of this study, it is known that partially the Capital Adequacy Ratio has no effect on Return on Assets because the t count value is smaller than the t table (0.096 <2.034) the significance value is greater than 0.05 (0.096> 0.05) while non-performing Finance on Return on Assets has a negative and significant effect because the t value is smaller than the t table (-3.553 <2.034) and the significance value is less than 0.05 (0.001 <0.05). And simultaneously the Capital Adequacy Ratio and Non-Performance Finance have a joint effect on Return on Assets because the calculated f value is greater than f table (9,341> 3.28) and the significance value is less than 0.05 (0.001 <0.05).
THE EFFECT OF PROFITABILITY, INDEPENDENT COMMISSIONERS, AND CORPORATE SOCIAL RESPONSIBILITY (CSR) ON TAX AVOIDANCE Iklima, Ayu; Ayem, Sri
Jurnal Ekonomi Balance Vol. 16 No. 2 (2020): (December 2020)
Publisher : Perpustakaan dan Penerbitan Unismuh Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26618/jeb.v17i2.6475

Abstract

This study aims to examine the effect of Profitability, Independent Commissioner, and Corporate Social Responsibility (CSR) on Tax Avoidance. The data used in the study is secondary data, the sampling technique is the purposive sampling method with data sources from financial statement data of banking companies listed on the IDX 2017-2019 obtained from the internet (www.IDX.co.id) as many as 45 companies consists of 135 samples. The test of this study used a classic assumption test consisting of (normality test, multicollinearity test, autocorrelation test, and heteroscedasticity test) and multiple regression analysis hypothesis testing consisting of (determination coefficient test (R2), simultaneous test (F test), and partial test t-test). Based on the results of the regression test, it shows that the effect of Profitability, Independent Commissioner, and Corporate Social Responsibility (CSR) has a positive effect on tax avoidance.