Garuda - Garba Rujukan Digital

Article Per Year (5 Year)

All

Jurnal Keuangan dan Perbankan

jkdp
Website

Published by Universitas Merdeka Malang

ISSN : - EISSN : - DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

Arjuna Subject : -

Articles 784 Documents

23 24 25 26 27

STRUKTUR KEPEMILIKAN, KEBIJAKAN DIVIDEN DAN NILAI PERUSAHAAN MANUFAKTUR YANG GO PUBLIC I Ketut Yadnyana; Ni Wayan Alit Erlina Wati
Jurnal Keuangan dan Perbankan Vol 15, No 1 (2011): January 2011
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v15i1.1000

The aim of this study was to obtain the empirical evidence about the effect of managerial ownership structureand dividend policy on company value. This study consisted of 66 manufacturing companies which hadshared dividends in year period of 2005 until 2008 with 161 observations. The certainty sample method usedwas purposive sampling. Statistics methods used for testing the hypothesis were simple linear regression andmultiple linear regression method. Based on the statistical test showed that positive impact of managerialownership was on dividend policy and firm value. It showed that the greater level of managerial ownershipwas followed the increasing of dividends value paid to the shareholders and it also caused the value ofcompanies getting better. The variables of dividend policy caused positive impact for the companys value. Theresult showed that larger the dividend distributed to the shareholders, the better the value of the company was.

STRUKTUR KEPEMILIKAN DAN STRUKTUR MODAL TERHADAP KEBIJAKAN DIVIDEN DAN NILAI PERUSAHAAN Artini, Luh Gede Sri; Puspaningsih, Ni Luh Anik
Jurnal Keuangan dan Perbankan Vol 15, No 1 (2011): January 2011
Publisher : UNIVERSITY OF MERDEKA MALANG

The companys long-term goal was to maximize corporate value. Maximization of corporate value could berealized by using the aspect of corporate financial decisions and the amount of stock ownership by managementin the company. This study aimed to determine the effect of direct and indirect ownership structure and capitalstructure toward dividend policy and firm value. Ownership structure was measured by total percentage ofstock ownership by management, capital structure was measured with debt to equity ratio (DER), dividendpolicy was measured by dividend payout ratio (DPR) and the value of the firm measured by price to book value(PBV). Population research was all the firms in the manufacturing industries listed in Indonesia Stock Exchange(IDX) from 2006 until the year of 2009 namely 149 companies. Sampling conducted in the researchwas purposive sampling method. Based on the criteria obtained by purposive sampling, 15 companies wereeligible to be utilized as the research sample. The results of this research were the impact of ownership structurewas not significant on dividend policy, the ownership structure had a significant positive impact on corporatevalue, capital structure did not significantly effect on dividend policy, capital structure did not significantlyaffect the value companies, dividend policy had a significant positive impact on corporate value.

FAKTOR-FAKTOR YANG MEMPENGARUHI DIVIDEND PAYOUT RATIO PADA PERUSAHAAN JASA KEUANGAN Sutoyo Sutoyo; Januar Eko Prasetio; Dian Kusumaningrum
Jurnal Keuangan dan Perbankan Vol 15, No 1 (2011): January 2011
Publisher : University of Merdeka Malang

The objective of this research was to analyze what factors influencing dividend payout ratio at the IndonesianStock Exchange (ISE). The method used in this research was the survey method. This research was conductedat the ISE using 82 emitens as the sample based on purposive sampling. The first and second hypothesis wasanalyzed using multiple regression. The result of the first hypothesis analysis showed profitability, liquidity,debt policy, institutional ownership, growth, and firm size simultaneously influential to dividend payoutratio. The second hypothesis analysis showed that only growth influencing dividend payout ratio.

TRADING VOLUME ACTIVITY AND BID-ASK SPREAD BEFORE AND AFTER THE MERGER ANNOUNCEMENT Lailatul Mubarokah; Agus Sucipto
Jurnal Keuangan dan Perbankan Vol 15, No 1 (2011): January 2011
Publisher : University of Merdeka Malang

Jakarta stock exchange (JSX) and Surabaya Stock exchange (SSX) were the organizers of capital market inIndonesia. Thus, to srengthen the capital market in Indonesia SSX merged into JSX on November 30th, 2007.New information coming into market would influence the trading activities, including trading volume activity(TVA), and bid-ask spread. While, merger also influenced the total issuer of listed companies in Indonesiastock exchange (IDX). This research included an event study with quantitative method about the analysis oftotal issuer differences, TVA and bid-ask spread before and after the merger announcement of SSX into JSX. Itused t-test method and autoregressive distribution lag test. The result of research analysis showed the difference,significance and insignificance. Based on t-test, the total issuer, TVA, and bid-ask spread were notsignificant before and after the merger announcement of SSX into JSX shown by the higher value of sig.2 tailedthan level of significance and value of standard deviation before the merger announcement of SSX into JSXfrom each variable. Based on autoregressive distribution lag test, it showed significant response by hightrading volume of TVA and bid-ask spread and also high volume of buy-offer investor did on several days ofwindows period before and after the merger announcement of SSX into JSX.

KEPUTUSAN PREFERENSI INVESTASI ASET RIIL DAN ASET FINANSIAL DENGAN MODEL MINIMAX REGRET Didit Herlianto
Jurnal Keuangan dan Perbankan Vol 15, No 1 (2011): January 2011
Publisher : University of Merdeka Malang

Target of investment would be kept if determining investment decision was in a certain condition. However, tobe able to realize the target was not easy too. This matter was caused in determining preference of investorinvestment given on to condition of uncertainty. Uncertainty investment could relate to the natural situation(states of nature) or dicey future situation. Relating to the problem above, hence intention of this research wouldgive the solution how to determine the investment decision in an uncertain condition, real asset investmentinstrument (gold property) and financial asset (obligation and share). Method used in determining decisionof preference of investment instrument was the model of analyzing the decision of investment of minimumregret. Result of research indicated that the economic investment decision in an uncertain condition was mostprecise preference investment instrument in the form of gold asset. Decision making in the preference investmentprincipally was approach base, that investor would experience the loss if event happened to cause thechosen investment instrument alternative less than real return maximum. This matter could be seen if investordid not choose the gold in its investment decision hence opportunity loss would be bigger, that was opportunityof loss property 10,3045%, opportunity loss obligation 19,6387% and opportunity loss share (IHSG) 9,7103%.

KOINTEGRASI BURSA-BURSA SAHAM DI ASIA Riko Hendrawan; Teika Trikartika Gustyana
Jurnal Keuangan dan Perbankan Vol 15, No 2 (2011): May 2011
Publisher : University of Merdeka Malang

One important indicator of capital market development could be seen from the value of the composite stockprice index. Composite stock price index reflected the performance of all shares registered in particular country.The objective of this research was to know whether there was co integration or long-term equilibriumamong Indonesia, Malaysia, Singapore, Thailand, Philippines, Hongkong, Japan, South Korea and China,either in groups or in pairs using the method of co-integration during January 2000 - January 2010. Theresults of this research using Johansen Co-Integration test indicated that there was long-term equilibriumamong Indonesia, Malaysia, Singapore, Thailand, Philippines, Hongkong, Japan, South Korea and China inthe period of January 2000 - January 2010, in groups and in pairs. The results showed that the South Koreastock market was the most influential to the Indonesian stock markets, and Chinas stock market was the mostdominant stock market among these countries during January 2000 - January 2010.

GOOD CORPORATE GOVERNANCE TERHADAP PENGUNGKAPAN SOSIAL DAN KINERJA OPERASI PERUSAHAAN DALAM SRI-KEHATI INDEX Sri Pujiningsih; Helianti Utami
Jurnal Keuangan dan Perbankan Vol 15, No 2 (2011): May 2011
Publisher : University of Merdeka Malang

There were many controversion arguments about the implementation of corporate social responsibility (CSR)in the company rule no 40, 2007. Moreover, in June 8, 2009, BEI and KEHATI Foundation published Indexof SRI-KEHATI. It consisted 25 of the best shares companies that had applied CSR. It was one of implementationsof GCG. Based on those reasons, there were three aims of this research. First, this research tested thesignificant influence of GCG to the level of CSR disclosure. Second, this paper examined the significant effectof GCG to the operational performance (ROA). The last aim was that the significant impact of GCG to theoperational performance (ROA) by CSR. In this research,the proxy of GCG was the independent board ofdirectors and institutional ownership. Respondents participating in this research were companies in Index ofSRI-KEHATI. This research used purposive sampling method with 16 samples. Analysis used path analysisto examine three hypotheses. There were three result of this research. First, GCG did not have significantinfluence to the level of CSR disclosure. Second, GCG did not have significant influence to the operationalperformance (ROA). Third, GCG had significant influence to the ROA by CSR.

CORPORATE GOVERNANCE TERHADAP PERINGKAT SUKUK KORPORASI DI INDONESIA Endri Endri
Jurnal Keuangan dan Perbankan Vol 15, No 2 (2011): May 2011
Publisher : University of Merdeka Malang

This study aims to estimate the influence of corporate governance mechanisms that are implemented throughinstitutional ownership, independent commissioners, audit committees, managerial ownership, blockholderand the number of ratings of corporate sukuk in Indonesia during the 2007-2009 periods. This study usesmultinomial logistic regression models because there are three categories of sukuk ratings, namely: AA, A, andBBB for 33 sample firms that issued sukuk in the Indonesia. The results of empirical studies have found that theaudit committee and the number of blockholder as an indicator of corporate governance mechanisms affect theranking of corporate sukuk significantly. To be able to increase the ranking of the sukuk is the study recommendsthat the existence of audit committees and the blockholder must be a serious concern for companies thatissue a sukuk in improving the ranking of the sukuk issuance

CORPORATE SUSTAINABILITY REPORT SEBAGAI INDIKATOR PENGAMBILAN KEPUTUSAN INVESTASI Satia Nur Maharani
Jurnal Keuangan dan Perbankan Vol 15, No 2 (2011): May 2011
Publisher : University of Merdeka Malang

One indicator of investment decisions is corporate sustainability report. Sustainability is about long-termvalue creation not only for company but also for employees, customers, the industry sector, investors and thecommunities where the company does business. The ability of company to create long-term value is based on itsunderstanding and response to demands of society and on recognizing that environmental, social, economicaland ethical factors affect the business strategy. This article identifies drives for organization to adopt corporatesocial responsibility and produce corporate sustainability report.

STRUKTUR KEPEMILIKAN, PROFITABILITAS, DAN RISIKO PERUSAHAAN TERHADAP STRUKTUR MODAL DAN NILAI PERUSAHAAN Kellen, Pius Bumi
Jurnal Keuangan dan Perbankan Vol 15, No 2 (2011): May 2011
Publisher : University of Merdeka Malang

This study aimed to examine and analyze the effect of ownership structure, corporate growth, corporateprofitability and risk of capital structure as well as the influence of four determinants and capital structure onfirm value. Originality of this study was the addition of risk variables with indicator accounting firm beta. Thestudy used panel data namely merging cross-section (36 companies) and time series data (5 years) sourcedfrom secondary data analysis with 180 units. Analysis of data used a model of Partial Least Square (PLS). Thestudy found that ownership structure did not have significant negative effect on capital structure and significantimpact on corporate value. The company growth did not have significant negative effect on capitalstructure and corporate value. Profitability did not have significant positive effect on capital structure and ithad significant impact on corporate value. Corporate risk had a positive effect, no significant effect on capitalstructure and corporate value, capital structure and it had a significant negative effect on firm value.

Page 25 of 79 | Total Record : 784

23 24 25 26 27

Filter by Year

2000 2023

Filter By Issues

All Issue Vol 27, No 3 (2023): July 2023 Vol 27, No 2 (2023): April 2023 Vol 27, No 1 (2023): January 2023 Vol 26, No 4 (2022): OCTOBER 2022 Vol 26, No 3 (2022): JULY 2022 Vol 26, No 2 (2022): APRIL 2022 Vol 26, No 1 (2022): January 2022 Vol 25, No 4 (2021): October 2021 Vol 25, No 3 (2021): Juli 2021 Vol 25, No 2 (2021): April 2021 Vol 25, No 1 (2021): January 2021 Vol 24, No 4 (2020): October 2020 Vol 24, No 3 (2020): July 2020 Vol 24, No 2 (2020): April 2020 Vol 24, No 1 (2020): January 2020 Vol 23, No 4 (2019): October 2019 Vol 23, No 3 (2019): July 2019 Vol 23, No 2 (2019): April 2019 Vol 23, No 1 (2019): January 2019 Vol 22, No 4 (2018): October 2018 Vol 22, No 3 (2018): July 2018 Vol 22, No 2 (2018): April 2018 Vol 22, No 1 (2018): January 2018 Vol 21, No 4 (2017): October 2017 Vol 21, No 3 (2017): July 2017 Vol 21, No 2 (2017): April 2017 Vol 21, No 1 (2017): January 2017 Vol 20, No 3 (2016): September 2016 Vol 20, No 2 (2016): May 2016 Vol 20, No 2 (2016): Jurnal Keuangan dan Perbankan Mei 2016 Vol 20, No 1 (2016): January 2016 Vol 19, No 3 (2015): September 2015 Vol 19, No 3 (2015): September 2015 Vol 19, No 2 (2015): May 2015 Vol 19, No 1 (2015): January 2015 Vol 18, No 3 (2014): September 2014 Vol 18, No 2 (2014): May 2014 Vol 18, No 1 (2014): January 2014 Vol 17, No 3 (2013): September 2013 Vol 17, No 2 (2013): May 2013 Vol 17, No 1 (2013): January 2013 Vol 16, No 3 (2012): September 2012 Vol 16, No 2 (2012): May 2012 Vol 16, No 1 (2012): January 2012 Vol 15, No 3 (2011): September 2011 Vol 15, No 2 (2011): May 2011 Vol 15, No 1 (2011): January 2011 Vol 14, No 3 (2010): September 2010 Vol 14, No 2 (2010): May 2010 Vol 14, No 1 (2010): January 2010 Vol 13, No 3 (2009): September 2009 Vol 13, No 2 (2009): May 2009 Vol 13, No 1 (2009): January 2009 Vol 12, No 3 (2008): September 2008 Vol 12, No 2 (2008): May 2008 Vol 12, No 1 (2008): January 2008 Vol 1, No 1 (2000) More Issue

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
-

Editorial Address
-

Location
Kota malang,

Jawa timur

INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name -

Contact Email -

Phone -

Journal Mail Official -

Editorial Address -

Location Kota malang, Jawa timur INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
-

Editorial Address
-

Location
Kota malang,

Jawa timur

INDONESIA