scholarly journals PENGARUH VARIABEL KEUANGAN PERUSAHAAN (RETURN ON ASSET, EARNING PER SHARE, CURRENT RATIO, DAN FINANCIAL LEVERAGE) TERHADAP UNDERPRICING

2014 ◽  
Vol 4 (1) ◽  
pp. 48
Author(s):  
Maryoto Maryoto ◽  
Salamatun Asakdiyah
Keyword(s):  
Initial Public Offering ◽  
Stock Exchange ◽  
T Test ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Financial Leverage ◽  
Return On Assets ◽  
Current Ratio ◽  
A Value ◽  
Public Offering

This research wa carried out on companies that do the Initial Public Offering (IPO) in the period 2008-2009. With a population of 31 companies and get a sample of 27 companies with the technique of sampling using purposive sampling. In this study tested the hypothesis by using multiple regression and t test. After doing an analysis of 27 companies in initial public offering in 2008 until 2009 are listed in Indonesia Stock Exchange, obtained the results of the calculation of the coefficient of determination (R2) obtained a value 0f 0.170 is in a position of positive mean return on assets (ROA), earning per share (EPS), current ratio (CR), and financial leverage (FL) 1.7% to explain underpricing. Thus 98.3% underpricing is explained by other variables not examined in this study. By using the t test for variable return on assets (ROA), earnings per share (EPS), current ratio (CR), and financial leverage (FL) had no significant influence on underpricing with the test results significantly greater value than the alpha (5%).

scholarly journals PENGARUH RETURN ON ASSET, FINANCIAL LEVERAGE, DAN UKURAN PERUSAHAAN TERHADAPUNDERPRICING PADA PERUSAHAAN YANG MELAKUKAN INITIAL PUBLIC OFFERING (IPO) DI BURSAEFEK INDONESIA

2016 ◽  
Vol 11 (2) ◽  
pp. 35 ◽  
Author(s):  
Putu Widhiastina ◽  
Rida Prihatni
Keyword(s):  
Initial Public Offering ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Company Size ◽  
Financial Leverage ◽  
Return On Assets ◽  
Result Show ◽  
The Difference ◽  
Public Offering ◽  
Offering Price

This study aimed to determine the influence of The Influence of return on asset, financial leverage, and size of company on underpricing. Underpricing is measured by division the difference between clossing prices and offering price with offering price, return on asset is measured by division net profit with total asset, financial leverage is measured by division total debt with total equity and size of company is mesured with total sales in annual report company. This study took a sample of initial public offering company listed in Indonesia Stock Exchange during the years 2010-2013. The data obtained by purposive sampling techniques and using multiple regression analysis. Simultaneous hypothesis testing result show that return on asset, financial leverage and company size simultaneously affect the underpricing. The partial hypothesis test result show that retun on asset, financial leverage and company size have a significant affect the underpricing.    Keywords: Return On Assets, Financial Leverage, Company Size, Underpricing

scholarly journals THE EFFECT OF RETURN ON ASSET, NON DEBT TAX SHIELD, ASSET GROWTH, COMPANY SIZE, AND CURRENT RATIO, AGAINST DEBT TO ASSET RATIO ON COMPANIES CONSUMER GOODS LISTED ON INDONESIA STOCK EXCHANGE FOR THE PERIOD (2011-2017)

2020 ◽  
Vol 1 (2) ◽  
pp. 142-155
Author(s):  
Susi Artati
Keyword(s):  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
T Test ◽  
Coefficient Of Determination ◽  
Return On Assets ◽  
Current Ratio ◽  
Tax Shield ◽  
Asset Growth ◽  
Debt Tax Shield

This research was conducted on Consumer Goods companies listed on the IDX (Indonesia Stock Exchange) for the period 2011 - 2017, aiming to examine the effect of Return on Assets (ROA), Non debt tax shield (NDTS), Asset Growth (GROWTH) Company Size (Size) , and Current Ratio (CR) simultaneously or partially to Debt to Asset Ratio (DAR). The sampling technique used was purposive sampling. The sample used in this study amounted to 26 companies, a total of 182 data. The data analysis technique in this research is multiple linear regression analysis, classic assumption test (normality, multicollinearity, heteroscedasticity, and autocorrelation), hypothesis testing, and the coefficient of determination. The software used for data processing is SPSS 22.0. The results of multiple linear regression analysis show the equation Ln_DAR = 2.119 - 0.041Ln_ROA + 0.091 Ln_NDTS + 0.0003 Ln_GROWTH - 0.030 Ln_SIZE - 0.565 Ln_CR + e with an F test of 103.468. The t-test value for the Return on Assets (ROA) variable is -2.529; the t-test value for the Non debt tax shield (NDTS) variable was 2,629; t test value for asset growth variable (GROWTH) is -0.014. t test value for variable firm size (Size) is -0.172; Current Ratio (CR) variable t test value of -21,437. The coefficient of determination (Adjusted R Square) is 0.739 or 73.9%, while the remaining 26.1% is influenced by other factors outside of this research model.

ANALISIS HARGA SAHAM PADA PERUSAHAAN REAL ESTATE DAN PROPERTY YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2017

2020 ◽  
Vol 12 (1) ◽  
pp. 1-10
Author(s):  
Galuh Retno Palupi ◽  
Andreas Suhendi
Keyword(s):  
Real Estate ◽  
Stock Price ◽  
Stock Exchange ◽  
T Test ◽  
Test Results ◽  
Return On Assets ◽  
Return On Equity ◽  
A Value ◽  
Property Companies ◽  
Profitability Ratios

Profitability ratios are ratios to assess a company's ability to find profits. This ratio also provides a measure of the effectiveness of a company's management. This is shown by the profits generated from sales and investment income. Components of profitability ratios used by the author are Return On Assets (ROA), Return On Equity (ROE), and Earning Per Share (EPS). In the case of this study, Real Estate and Property companies listed on the Indonesia Stock Exchange will be the object to be examined by the author. The results showed that Return On Asset (ROA), Return On Equity (ROE), and Earning Per Share (EPS) simultaneously had an effect on the stock price. It is known from the F test results where the value of Fresult is 10.074 and test T where the value of T-Test significance is less than the success rate value with the value t = 0.000 < α 0.05. In addition, it is also known that variables that affect the stock price are Earning Per Share. This is demonstrated by the results of the T-Test partial ROA having a Sig value of 0.659 and ROE has a value of Sig 0.803. The second value of the variable is greater than the probability value (α) 0.05, whereas the EPS variable has a value of Sig 0.000 smaller than the probability value (α) 0.05.

scholarly journals PENGARUH EPS, ROE, ROA DAN DER TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR SEMEN YANG TERDAFTAR DI BEI

2016 ◽  
Vol 2 (1) ◽  
pp. 1-22
Author(s):  
Asep Alipudin
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
T Test ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Return On Assets ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Equity Ratio ◽  
Positive Effect

The purpose of this study was to determine the effect of earnings per share (EPS), return on equity (ROE), return on assets (ROA) and debt to equity ratio (DER) to the price of shares in the sub-sector of cement which is listed on the Stock Exchange simultaneously. There is also the test used is the classic assumption test, test the coefficient of determination, t test, and F test results show earnings per share (EPS), return on equity (ROE), return on assets (ROA) and debt to equity ratio (DER) jointly positive effect on stock prices at a cement company listed on the Indonesia stock Exchange (BEI) in the period 2010-2014.Keywords: Earning per Share (EPS), Return on Equity (ROE), Return on Assets (ROA), dan Debt to Equity Ratio (DER)

scholarly journals PENGARUH EPS, ROE, ROA DAN DER TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR SEMEN YANG TERDAFTAR DI BEI

2016 ◽  
Vol 2 (1) ◽  
pp. 1-22
Author(s):  
Asep Alipudin
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
T Test ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Return On Assets ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Equity Ratio ◽  
Positive Effect

The purpose of this study was to determine the effect of earnings per share (EPS), return on equity (ROE), return on assets (ROA) and debt to equity ratio (DER) to the price of shares in the sub-sector of cement which is listed on the Stock Exchange simultaneously. There is also the test used is the classic assumption test, test the coefficient of determination, t test, and F test results show earnings per share (EPS), return on equity (ROE), return on assets (ROA) and debt to equity ratio (DER) jointly positive effect on stock prices at a cement company listed on the Indonesia stock Exchange (BEI) in the period 2010-2014.Keywords: Earning per Share (EPS), Return on Equity (ROE), Return on Assets (ROA), dan Debt to Equity Ratio (DER)

scholarly journals FAKTOR – FAKTOR YANG MEMPENGARUHI UNDERPRICING IPO DI BURSA EFEK INDONESIA PERIODE 2008 - 2013

2016 ◽  
Vol 5 (1) ◽  
Author(s):  
Diah Dewi Permanisuci
Keyword(s):  
Initial Public Offering ◽  
Stock Exchange ◽  
Company Size ◽  
Firm Age ◽  
Financial Leverage ◽  
Return On Assets ◽  
Variable Effect ◽  
Size Firm ◽  
Underwriter Reputation ◽  
Public Offering

This research has objective to empirical evidence that independent variables in this research ex financial leverage, reputastion auditor, return on assets, reputation underwriter, company size, firm age can be effect to underpricing companies listed in Indonesia Stock Exchange periods 2008-2012. This research uses data from all companies that listed in Indonesia stock Exchange periods 2008 – 2012. Samples are used as sixthy companies. This research show the occurrence of underpricing in initial public offering. There is variable effect auditor, company size, firm age, eith the level of underpricing that listed in Indonesia stock exchange. There is nothing influence financial leverage, reputation underwriter, return on asset with the level of underpriccing that listed in Indonesia stock exchange Keywords:.reputation underwriter, reputation auditor, company size, firm age, return on assets, financial leverage, levels of underpricing.

scholarly journals PENGARUH WORKING CAPITAL TURNOVER (WCT), CURRENT RATIO (CR), DAN TOTAL ASSETS TURNOVER (TATO) TERHADAP PROFITABILITAS

2021 ◽  
Vol 8 (1) ◽  
pp. 1-8
Author(s):  
Melia Trie Utami ◽  
Gusganda Suria Manda
Keyword(s):  
Research Method ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Coefficient Of Determination ◽  
Working Capital ◽  
Return On Assets ◽  
Current Ratio ◽  
Negative Effect ◽  
Positive Effect

The purpose of this study was to examine and analyze the effect of Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) on Profitability with the Return On Assets (ROA) proxy on cigarette sub sector companies listed on the Indonesia Stock Exchange (IDX) quarterly in 2014-2019, both partially and simultaneously. The research method used is descriptive verification with quantitative approaches. The sample in this study used purposive sampling. The statistical method used is the method of multiple linear regression analysis. The results showed that the Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) simultaneously had a significant effect on the Return on Assets (ROA) profitability. Partially Working Capital Turnover (WCT) has a significant negative effect on Return on Assets (ROA) profitability, Current Ratio (CR) has no effect on Return on Assets (ROA) Profitability, and Total Assets Turnover (TATO) has a significant positive effect on Return on Profitability Assets (ROA). The coefficient of determination obtained by 0.429 means that only 42.9% Profitability Return on Assets (ROA) is influenced by Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) and the rest 57.1 % is influenced by other variables.

scholarly journals Analisis Pengaruh Karakteristik Perusahaan terhadap Perataan Laba oleh Perusahaan Manufaktur

2020 ◽  
Vol 3 (1) ◽  
pp. 178-186
Author(s):  
Felino Pernando Purba ◽  
Hotmaria Sinaga ◽  
Munawarah Munawarah
Keyword(s):  
Firm Size ◽  
Financial Management ◽  
Stock Exchange ◽  
Income Smoothing ◽  
Financial Statement ◽  
Coefficient Of Determination ◽  
Return On Assets ◽  
Current Ratio ◽  
Observation Process ◽  
Equity Ratio

The purpose of this study is to test or analyze the accuracy of the Return On Assets, Firm Size, Current Ratio, Debt to Equity Ratio for Income Smoothing actions on corporate manufacturing published on the Stock Exchange in 2015-2017. In this study using the theories of financial statement analysis, financial management related to Return On Assets, Firm Size, Current Ratio, Debt to Equity Ratio. In this study using a quantitative observation process. In this observation also applies the process of observing data such as financial statements contained on the IDX website. This observation involved 153 corporate manufactures as a population, which each year experienced a profit in 2015-2017. The technique in citing samples in the observation, namely by using purposive sampling techniques so that 37 samples were multiplied for 3 years, 111 research samples were obtained. Simultaneous results with F test shows a significant effect on income smoothing, with the coefficient of determination test results of 4.2% so that the results of the research hypothesis Return On Assets, Firm Size, Current Ratio, Debt to Equity Ratio had no significant impact on income smoothing. And the T test produces a firm size variable that has a partial effect on income smoothing actions.

scholarly journals The Influence of Current Ratio, Total Debt to Total Assets, Total Assets Turn Over, and Return on Assets on Earnings Persistence in Automotive Companies

2020 ◽  
Vol 3 (1) ◽  
pp. 62
Author(s):  
Adibah Yahya ◽  
Saepul Hidayat
Keyword(s):  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Financial Ratios ◽  
Total Asset ◽  
Coefficient Of Determination ◽  
Earnings Persistence ◽  
Return On Assets ◽  
Current Ratio ◽  
Total Debt

The purpose of this study is to determine the effect of the variable Current Ratio, Total Debt to Total Assets, Total Assets Turnover, Return on Assets, on earnings persistence. This study used secondary data, namely the annual financial statements of automotive companies listed on the Indonesia Stock Exchange from 2014-2018. The sample selection used a purposive sampling method. The data source is the financial ratios of automotive companies listed on the IDX. Methods of data analysis used the classic assumption test, multiple linear regression, T-test, F-test, and the coefficient of determination. The results showed that partial earnings persistence expressed in financial ratios consisting of the Return on Assets (ROA) significantly affect earnings persistence, while the Current Ratio (CR), Total Debt To Total Asset (TDTA) and Total Asset variables and Total Assets Turnover (TATO) has no significant effect on earnings persistence. Results of the simultaneous test, financial ratios consisting of CR, TDTA, TATO, and ROA had no significant effect on earnings persistence. R Square value of 0.076 can be interpreted that CR, TDTA, TATO, and ROA of 7.6% while the remaining 82.4% is influenced by other variables not examined 

Sign in / Sign up

Export Citation Format

Share Document