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Jurnal Ilmiah Mahasiswa FEB
Published by Universitas Brawijaya
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Core Subject : Education,
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Articles 481 Documents
Search results for , issue "Vol. 1 No. 2" : 481 Documents clear
THE IMPLEMENTATION OF CREATING SHARED VALUE (CSV) AS A REFERENCE FOR CSR DEVELOPMENT BASED ON SOCIAL ENTREPRENEURSHIP (CASE STUDY AT PT NESTLE INDONESIA) Dwiputra, SE, Nuruddin Ahmad
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Nestle is multinational company which is very concerned with the quality and usefulness of the product with the creation. One of the main Nestle CSV programs is the Rural Development that aim to improve the quality of life Dairy Farmers. This study aims to understand the implementation of the Nestlé CSV program in rural development sector as a reference to formulate an alternative CSR activities based on social entrepreneurship. This study use a qualitative descriptive method that using two case studies on the Nestle partner namely Jabung Agro Niaga Cooperative and Pujon SAE Cooperative. The data used for this study using primary and secondary data, such as the results of the interviews conducted with the managers of both cooperatives and corporate reports and other publication. This study concluded that Nestle has actually implement the rural Development program to improve the quality of life of dairy farmers. And the success of the Nestle CSV can be used as guidelines for creating another CSR program based on Social Entrepreneurship. Keywords : CSR. Creating Shared Value, Community Development, Social Entrepreneurship
EXPLORING THE INTERPRETATION OF BALIK MODAL AS “THE OTHER” BREAK EVEN POINT: A HERMENEUTIC ROMANTICS STUDY Putra, Dimas Ramadhan; Kamayanti, Ari
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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The accounting nowadays supports the capitalism. In this view, profit has been the cause of capitalism. Capitalism encourages private business to gain profit. However, there is ‘other’ accounting practice that does not seem to always end up in achieving profit as the main goal. This research is to explore the interpretation of balik modal as the other meaning of Break Even Point (BEP) using hermeneutics romantics approach. The result of this research is that there are different interpretations of balik modal as well as the underlying values. The first informant interpret that his balik modal is kulak equals to dapet where kulak is the money that he spends for raw and supplementary materials and dapet is his income or his selling. The other informant concept is Kulak = Dapet + Setoran. This is the comparison between Cak To, Mas Ambon, and the conventional BEP from the research that has been conducted before.   Keywords: Bakso, Break Even Point, Balik Modal, Hermeneutic Romantics
The Influence of Corporate Governance Mechanism to Abnormal Return (Empirical study on companies listed on the Stock Exchange) Jayanti, Cynthia; Saraswati, Erwin
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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This study aims at examining the influence of a corporate governance mechanism which consists of transparency, fairness, accountability, and responsibility to the market reaction that is proxied by abnormal return. This study applies variable control on unexpected earnings and total cash flow. Population in this study is a non-financial sector companies listed on the Jakarta Stock Exchange in 2010. The selection of samples applies purposive sampling method and sample obtained, is 104 go public companies. This study uses secondary data that is the company's annual report. The results of this study show that the implementation of corporate governance has a significant influence to abnormal returns. This study also presents the fact that variable control total cash flow gives significant influence to abnormal returns. However, this study fails to show that the variable control on unexpected earnings has a significant influence to abnormal returns.   Keyword: Corporate Governance, Abnormal Return, Unexpected Earnings, Total cash Flows
SISTEM PENGENDALIAN INTERNAL PADA PENGELOLAAN PERSEDIAAN DI TOKO TANABANG JILBAB MALANG Apriyandhani, Gita
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Tujuan penelitian ini adalah mengetahui sistem pengendalian internal pada pengelolaan persediaan yang berjalan di Toko Tanabang Jilbab Malang. Metode penelitian yang digunakan adalah studi kasus. Dengan metode ini, penulis memaparkan fakta-fakta mengenai penerapan sistem pengendalian internal pada pengelolaan persediaan yang berhubungan dengan siklus pembelian dan penjualan barang, kemudian menganalisis dan menginterpretasi data yang diperoleh dengan menggunakan kerangka COSO yang penggunaanya disesuaikan dengan pengendalian internal untuk Usaha Mikro Kecil dan Menengah (UMKM). Teknik pengumpulan data yang dilakukan yang digunakan adalah observasi, wawancara, dan dokumentasi. Teknik analisis data yang digunakan adalah analisis isi. Peneliti menganalisis hasil observasi dan wawancara dengan melakukan coding dan memoing. Hasil dari penelitian ini menunjukkan bahwa sistem pengendalian internal yang dilakukan pada pengelolaan persediaan Toko Tanabang Jilbab Malang masih memiliki kelemahan, oleh karena itu peneliti menyarankan perbaikan prosedur siklus pembelian dan penjualan. Selain itu beberapa kelemahan lainnya antara lain pemilik tidak selalu memeriksa setiap laporan dan catatan yang dibuat oleh pegawai, dokumen (catatan dan laporan) yang digunakan dan dihasilkan masih belum sesuai dengan pengendalian internal yang baik, serta masih terdapat perangkapan wewenang dan tanggung jawab yang dilakukan pegawai. Saran yang diberikan untuk Toko Tanabang Jilbab Malang antara lain menegaskan kembali wewenang dan tanggung jawab masing-masing pegawai, melengkapi dokumen untuk memudahkan penelusuran bukti transaksi, dan penggunaan software untuk mempermudah pengelolaan persediaan barang dagang.Kata kunci: sistem pengendalian internal, pengelolaan persediaan, siklus pembelian, siklus penjualan, dan Usaha Mikro Kecil Menengah.
Pengaruh Variabel ROA, ROE, DER, EPS dan PER terhadap Return Saham Perusahaan Non Bank LQ45 Periode 2010-2012 Juwita, Cerlienia; Herawati, Juni
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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In the era of globalization, many people who want a investment for profit. Investors in this paasti always do a lot of consideration before making the investment. Function of this study is to analyze the influence of Return on Assets, Return on Equity, Debt Equity Ratio, Earnings per Share and Price Earning Ratio of Stock Return in non bank company's annual report LQ45 in Indonesia. The population in this study is consistent 45 companies listed in Indonesia Stock Exchange LQ45 index (BEI) in the study period from 2010 to 2012 and the sample consists of 10 firms meet the criteria established by purposive sampling. Analysis of the data used is multiple linear regression. Results of this study showed that the ratio of Return on Assets, Return on Equity, Earnings per Share and Price Earning Ratio significantly influence the company's stock returns. Debt Equity Ratio Meanwhile no significant effect on the company stock returns. Keywords: Profitability, Solvency, Market Value and Stock Return
Analisa Rasio Keuangan untuk Menilai Kinerja Perusahaan Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2008-2011 Rizki, Eka Cahya; dro, Harlen
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Industry is one of sector that has an important role in the growth of a country. The development of an industry can not be separated from the industrial competition. Including the mining industry. Moreover, the mining industry is still an excellent source of income of the Indonesian. This study aims to investigate the performance of mining companies listed on the Indonesia Stock Exchange in the period 2008-2011 using financial ratio analysis and to find out which company has the better performance. Financial ratios used are liquidity ratio (CR & QR), leverage ratio (DER, LTDtER, LTDtAR, LTDtFAR, TIE), profitability ratios (ROA and ROE), and the ratio of growth (Sales & Net Income). The results showed that PT Mitra Investindo Tbk has liquidity, profitability, and growth better than Citatah Tbk PT. While in terms of leverage, Citatah Tbk PT has a better performance compared Tbk PT Mitra Investindo.   Keyword : Financial Ratio, Company Performance, Liquidity Ratio, Leverage Ratio, Profitability Ratio, Growth Ratio.
PENGARUH DEBT TO EQUITY RATIO, EARNING PER SHARE, PRICE EARNING RATIO , DAN PRICE TO BOOK VALUE TERHADAP HARGA SAHAM PERUSAHAAN (Studi Pada Perusahaan Manufaktur Yang Listing di BEI, Periode Penelitian Tahun 2008-2011). Wahyudi, Sindu Priyo
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract : Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh DER, EPS, PER, dan PBV terhadap Harga Saham baik secara simultan maupun parsial, serta mengetahui dan menganalisis variabel yang dominan berpengaruh terhadap harga saham pada perusahaan manufaktur yang listing di Bursa Efek Indonesia, dengan periode penelitian 2008 hingga 2011 Hasil penelitian dengan menggunakan analisis linier berganda menunjukkan bahwa secara simultan DER, EPS, PER, PBV berpengaruh terhadap  Harga Saham Perusahaan Manufaktur. Besarnya pengaruh keempat variabel tersebut terhadap harga saham adalah 89% sedangkan sisanya sebesar 11% dipengaruhi oleh variabel lain yang tidak dimasukkan dalam persamaan model regresi. Sedangkan, secara parsial DER, EPS, PER, dan PBV, hanya EPS dan PER yang berpengaruh secara signifikan terhadap harga saham pada perusahaan manufaktur. Sedangkan DER dan PBV tidak berpengaruh secara signifikan terhadap harga saham.Variabel EPS merupakan variabel yang mempunyai pengaruh yang dominan terhadap harga saham pada perusahaan manufaktur yang listing di Bursa Efek Indonesia. Kata kunci : DER, EPS, PER, PBV dan Harga Saham Perusahaan Manufaktur
Reaksi Pasar Modal Dengan Adanya Stock Split Saham Pada Perusahaan Go Public Periode Tahun 2008-2011 Pamenang, Wisnu; dro, Harlen
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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The background of this research aims to determine whether there is a significant market reaction to stock prices, abnormal stock returns and trading wolume between stock split events surrounding the period ie the period before, during and  after the stock split at the company went public on the Stock Exchange in 2008-2011.This research is a study which belong to the category of event study or study events. Event study is research that studies the market reaction to an event (event) that the  information is published as an announcement.This study used a sample of 21 companies that perform stock split policy in the period 2008-2011. Test this hypothesis using a different test that is paired sample t-tests on all the variables: stock price, abnormal stock returns and trading volume. Difference test was conducted with a 95% confidence level. Results of this study indicate that the overall market's response to the stock split, this is indicated by the presence of significant differences in all variables (stock price, abnormal stock returns and trading volume).Keywords: Stock Split, Stock Price, Abnormal Return, Trading Volume Activity
ANALYSIS OF EFFECT OF ACQUISITIONS ON FINANCIAL PERFORMANCE OF ACQUIRER COMPANIES AND ACQUIRED COMPANIES (Case Study of Companies Listed on the Indonesia Stock Exchange Year 2008-2010) Wikasari, Ika; Affandy, Didied Poernawan
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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This study aims to determine how the effect of the acquisition on the financial performance of the acquirer and the acquired company after the acquisition done. The population in this study are all public companies listed on the Indonesia Stock Exchange during the years 2008 to 2010. The sample in this study consisted of 8 the acquirer companies and 5 the acquired companies. The financial performance of the company in this study was measured using financial ratios consist of liquidity ratios, activity ratios, leverage ratios and profitability ratios. Tests performed using Paired Samples T test. The results of the analysis of financial ratios on the acquirer and the acquired company indicates that there was no significant difference between the two years before and one year before to one year after the acquisition. From these results we can conclude that the acquisition does not generally have a significant influence on the financial performance of the acquirer and the acquired company are proxied by financial ratios. This was probably due to lack of strategy and lack of experience in acquisition activity. Keywords: acquisition, the company's performance, financial ratios
ANALISIS IS FINANCIAL STATEMENT BASAL FINANCIAL PERFORMANCE ESTIMATION ON PT. BANK NEGARA INDONESIA 1946 (Persero) Plc Alfianto, Aditya; no, Sutris
Jurnal Ilmiah Mahasiswa FEB Vol. 1 No. 2
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Bank health level can be assessed of severally indicator and one of main indicator that made by estimation basic is pertinent Bank financial statement. Base financial statement will get to account a number prevalent financial ratio made by estimation basic increases Bank health. Analisis result financial statement will help to interpretation various relationship  keys and trend who can give judgment basic about Bank success potency at approaching term. Bank management in do its effort is charged for everlastingly look after balance among liquidity preserve that adequately with fairly internal rate of return attainment and saturated capital requirement that is equal to correspond to its instilling type. That thing is needful because in its operation Bank besides do instilling in productive asset as: credit and worth letters, also give commitment and other services For that is done by analysis utilisedding to know bank finance developing via financial performance estimation. To measure corporate finance performance can utilize analisis's tool.Analysis the so called finance. Data analysis tech that is utilized in this research is: and time series method . Observational object in this research covers: (1) consolidation financial position Reportings Periods 2010 until 2012, (2) komprehensif's balance Reporting starts years 2010 until 2012. Data was taken from by publication bank on official website it. There is criterion even tobservational object that includes in this research category is BNI 1946 that have performed RUPS close binds books 2010-2012 and issue financial statements each year with year period basic calendar 31 Desember. Base study result analyses about financial performance estimation by use of finance Ratio on BNI 46 gotten by results: ratio count wholly get good been said / healthy because input even upon specified appreciative standard by Indonesia central Bank or even average banking industry. But then of yielding arithmetic ratio of year goes to year still available ratio which experience tren that despite negative still in good level.   Key Word: Financial Statement, Financial Performance, Financial Ratio.  

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