scholarly journals Pengaruh Profitabilitas, Board Gender, Dan Likuiditas Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Moderasi (Studi Empiris Pada Perusahaan Manufaktur Yang Bergerak Dibidang Consumer Goods Yang Terdaftar Di Bei Periode 2011-2016)

2019 ◽  
Vol 3 (3) ◽  
Author(s):  
Elisabeth Octavia Kamal Dan Indra Widjaja
Keyword(s):  
Regression Analysis ◽  
Firm Value ◽  
Dividend Policy ◽  
Test Method ◽  
Profit Margin ◽  
Sample Collection ◽  
Current Ratio ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Net Profit

The purpose of this paper, is to analyze the influence of Profitability, Board Gender, and Liquidity toward Firm Value with Dividend Policy as moderating variable. The sample collection technique has been done by using purposive sampling method, and the samples are 12 companies. The statistic test method has been done by using multiple linier regression analysis and moderated regression analysis. The independent variables in this research are profitability which proxied with return on equity and net profit margin, board gender, and liquidity which proxied with current ratio and quick ratio. The dependent variable is firm value which proxied with price to book value. The moderating variable is dividend policy which proxied with dividend payout ratio. The result of this research show that (1) profitability, board gender, and liquidity simultaneously have significant effect towards firm value, (2) profitability, board gender, and liquidity with dividend policy as moderating variable simultaneously have significant effect towards firm value. According to the result of partial coefficient determination (t-test), return on equity and board gender have a positive significant effect towards firm value. Net profit margin has negative significant effect towards firm value. Current ratio has positive insignificant effect towards firm value, while quick ratio has a negative insignificant effect towards firm value. According to the result of moderated regression analysis, dividend policy as moderating variable is able to moderate the effect of profitability towards firm value but is not able to moderate the effect of board gender and liquidity towards firm value.

scholarly journals Profitabilitas Terhadap Harga Saham Perusahaan Sektor Industri Dasar Dan Kimia

2019 ◽  
Vol 2 (1) ◽  
pp. 15
Author(s):  
Ajeng Septianti ◽  
Diah Yudhawati ◽  
Supramono Supramono
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Profit Margin ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Net Profit

The purpose of this research is to analyze the influence of Return On Equity (ROE), Net Profit Margin (NPM) to stock price in 2011-2017. This study uses secondary data, the sample in this study as many as 28 data derived from livestock feed companies listed on the Indonesia Stock Exchange from 2011 to 2017 and include complete financial report data. Sampling technique using purposive sampling technique or sampling based on certain considerations and criteria. The analytical method used is simple linear regression analysis and multiple linear regression analysis with first classical asusmsi test which includes normality test, heteroscedasticity test, autocorrelation test. The results of this study show that partially Return On Equity (ROE) has a positive and insignificant effect on price, Net Profit Margin (NPM) has a positive and insignificant effect on stock prices. Simultaneously Return On Equity (ROE) and Net Profit Margin (NPM) have positive and insignificant effect to stock price at company of basic industry and kumia subs of poultry feed listed on Indonesia Stock Exchange (BEI) year 2011- 2017.

scholarly journals Analisis Rasio Keuangan terhadap Harga Saham pada Perusahaan Food and Beverages

Owner ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 380-395
Author(s):  
Namira Ufrida Rahmi ◽  
Andrew Andrew ◽  
Angelia Stefani ◽  
Fenita Fenita
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Profit Margin ◽  
Analysis Tool ◽  
Current Ratio ◽  
Return On Equity ◽  
Insignificant Effect ◽  
Food And Beverages ◽  
Net Profit

This research was conducted with the aim of examining the effect of Current Ratio, Quick Ratio, Net Profit Margin and Return on Equity on stock prices in food & beverage sector companies listed on the Indonesia Stock Exchange from 2013 to 2019. The population is the Food & Beverages sector companies listed on the IDX in 2013-2019. The sample was taken using purposive sampling method, so that the sample becomes 70 observation. This research was classified as quantitative research and the type of research is descriptive. The data analysis technique was carried out by using multiple linear regression test using the SPSS ver 25 analysis tool. The results showed that Current Ratio partially has a negative and insignificant effect on stock prices. Quick Ratio partially has a positive and insignificant effect on stock prices. Net Profit Margin partially has a positive and significant effect on stock price. And, Return on Equity partially has a negative and insignificant effect on stock prices. Meanwhile, simultaneously, Current Ratio, Quick Ratio, Net Profit Margin and Return on Equity have a positive and significant effect on stock prices in food and beverages sector companies listed on the Indonesia Stock Exchange in 2013-2019.

FAKTOR FUNDAMENTAL YANG MEMPENGARUHI PERUBAHAN HARGA SAHAM (Studi Empiris pada Perusahaan Finansial yang Terdaftar Di BEI Tahun 2009dan 2010)

2015 ◽  
Vol 11 (1) ◽  
pp. 13
Author(s):  
Bunga Maharani ◽  
Dwi Ratna Wulandari
Keyword(s):  
Cash Flow ◽  
Firm Size ◽  
Dividend Policy ◽  
Free Cash Flow ◽  
Profit Margin ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Dividend Payout ◽  
Return On Equity ◽  
Net Profit

The objective of the study is to investigate the effect of free cash flow, return on equity, current ratio, firm size and net profit margin on dividend policy that measured by dividend payout ratio. The population of this study are all manufacturing companies listed on the Indonesian Stock Exchange (IDX).The period of this study are 2008-2011. Based on purposive sampling method, 19 companies were used on the study. The sample were gathered from annual reports and ICMD. This study used multiple linear regression as analysis method with 5% significant level. The results of the study indicate that free cash flow and return on equity have positive effect on dividend policy, while current ratio, firm size and net profit margin have no significant effect on dividend policy. Keywords: Dividend Policy, dividend payout ratio (DPR), free cash flow (FCF), return on equity (ROE), current ratio (CR), firm size (FZ) and net profit margin (NPM).

Analisis Faktor yang Mempengaruhi Return Saham dengan Kebijakan Deviden sebagai Variabel Moderating pada Perusahaan Consumer Goods

2019 ◽  
Vol 3 (1) ◽  
pp. 56-69
Author(s):  
Monang Juanda Tua Sihombing
Keyword(s):  
Interest Rates ◽  
Stock Returns ◽  
Cash Flow ◽  
Consumer Goods ◽  
Dividend Policy ◽  
Profit Margin ◽  
Current Ratio ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Net Profit

This study aims to determine and analyze the factors that influence stock returns with dividend policy as a moderating variable simultaneously and partially on consumer goods companies listed on the Indonesia Stock Exchange (IDX). The population of this research is 155 consumer goods companies listed on the IDX. Samples selected using the saturated sampling method amounted to 31 companies. Data were processed using multiple linear regression statistical test methods using SPSS software. The results of this study prove the first hypothesis that the variable current ratio, return on equity, earnings per share, net profit margin, cash flow from operations to debt, inflation and Bank Indonesia interest rates simultaneously influence stock returns. Partially, inflation and interest rates of Bank Indonesia partially affect stock returns, while the current ratio variable, return on equity, earnings per share, net profit margin and cash flow from operations to debt do not affect stock returns. In the results of the research for the second hypothesis, dividend policy is not able to moderate the relationship of current ratio, return on equity, earnings per share, net profit margin, cash flow from operations to debt), inflation and Bank Indonesia interest rates on stock returns. Keywords: current ratio, return on equity, earnings per share, net profit margin, cash flow from operations to debt, inflation, rate interest of Bank Indonesia, dividend policy and stock returns.

scholarly journals PENGARUH PROFITABILITAS TERHADAP KEBIJAKAN DIVIDEN DAN NILAI PERUSAHAAN Studi Kasus pada Pasar Modal Syariah

2017 ◽  
Vol 10 (2) ◽  
Author(s):  
Sutrisno Sutrisno
Keyword(s):  
Firm Size ◽  
Firm Value ◽  
Dividend Policy ◽  
Profit Margin ◽  
Return On Assets ◽  
Return On Equity ◽  
Book Value ◽  
Dividend Policies ◽  
Net Profit ◽  
Observation Period

The purpose of this study is to examine the effect of profitability on dividend policy and firm value. Dividend policy is proxied by the dividend per share, while profitability is proxied by return on equity, return on assets and net profit margin. Firm value measured by price-to-book value ratio. We use firm size as a controlle varable. The population in this study are the companies that are members of the Jakarta Islamic Index (JII). Therefore there are only 30 companies that listed in JII, then all of companies were taken as samples with a four-year observation period (2008-2011). To analyze the data, we use multiple regression that supported by eviews program.The results showed that first profitability variables that significantly affect dividend policy is the return on assets and return on equity, while net profit margin and firm size does not affect the dividend policy. Second, dividend policies significantly affect the firm value. While profitability variables that significantly affect the firm value is the return on equity and return on assets, but net profit margin and firm size does not affect to firm value.

ANALISIS PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, TOTAL ASSETS TURNOVER, NET PROFIT MARGIN TERHADAP RETURN ON EQUITY PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA PERIODE 2008-2010

MANAJERIAL ◽  
2018 ◽  
Vol 1 (1) ◽  
pp. 14
Author(s):  
USWATUL KARIMAH
Keyword(s):  
Significant Influence ◽  
Profit Margin ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Report ◽  
Net Profit ◽  
Equity Ratio ◽  
Level Of Significance ◽  
Observation Period

This research performed in order to test the influence of variabel, Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TAT), dan Net Profit Margin (NPM) toward Return on Equity (ROE). Methodology research as the sample used proposive sampling with criteria as (1) Manufacturing companies that listing at JSX who provide financial report year ending 31st December during the observation period 2008 – 2010, well available at JASICA index. (2) Companies must be the listined at the beginning of the period of observation and not on the delisting until the end of the observation period. (3) The financial report include the value of financial ratios to be studied include ROE, CR, DER, TAT, and NPM. (4) At the beginning of the observation period until the end. Total of 23 samples obtained from 131 firms during the observation period of three years in the manufacturing sector. Sample amount as much 69 during the observation period of three years. Data analysis with multi linier regression of ordinary least square and hypotheses test used partial t - test, simultan F – test at level of significance 5%. Empirical evidence show as CR, DER, and TAT to have not significant influence toward ROE of manufacturing companies listing in JSX over period 2008 – 2010 at level of significance >5%. While the rest NPM to have significant influence toward ROE of manufacturing companies listined in JSX over period 2008 – 2010 at level of significance 5%. While, four independent variabel (CR, DER, TAT and NPM) to have significant influence toward ROE at level of significance 5% as 0,000%. Predictable of the four variables toward ROE is 56,9% as indicated by adjusted R square that is 56,9% while the rest 43,1% is affected by other factors is not included into the study model. 

ANALISIS KINERJA DAN RASIO KEUANGAN PADA PT. PEGADAIAN ( PERSERO ) TAHUN 2018-2019

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Herlin Herlin ◽  
Rina Trisna Yanti
Keyword(s):  
Financial Performance ◽  
Profit Margin ◽  
Interval Scale ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Ratio ◽  
A Value ◽  
Criterion Score ◽  
Net Profit ◽  
Equity Ratio

ABSTRACTThe purpose of this study is to determine the financial performance of PT. Pegadaian (Persero) Tbk in 2018-2019.The results showed that the total score of financial performance of PT. Pegadaian (Persero) is on an unhealthy interval scale, which is at a total criterion score of 50 - 65 (Minister of BUMN Nomo: Kep-100 / MBU / 2002. These results indicate that the financial performance of PT. Pegadaian (Persero) Tbk using the ratio finance, namely the cash ratio in 2018 obtained a value of 130.1 with a score of 10 and in 2019 a score of 129.1 and a score of 8 (very healthy). Calculation of the current ratio in 2018 with a value of 1.17 and a score of 0, while the year 2019 with a score of 0.39 and a score of 0 (unhealthy). Debt to Equity Ratio in 2018 with a score of 162.4 and a score of 10, while in 2019 the score was 183.2 with a score of 10 (very healthy). Debt to Total Asset Ratio in 2018 with a score of 61.8 and a score of 0, while in 2019 the value was 64.6 with a score of 0 (unhealthy) .The Gros Profit Margin ratio in 2018 shows a value of 31.9 with a score of 8.5 and in 2019 the score is 23.9 and a score of 8.5 (Very Healthy) Net Profit Margin ratio for the year 2018 shows a value of 24.2 with a score of 8.5 and in 2019 a score of 17.5 and a score of 8.5 (Very Healthy). The Return On Investement (ROI) ratio in 2018 scored 11.6 with a score of 8.5 and in 2019 with a score of 17.9 and a score of 8.5 (Very Healthy) and the Return On Equity (ROE) ratio, throughout 2018 with a value of 44.4 and a score of 8.5 and in 2019 with a value of 47.9 and a score of 8.5 (very healthy).Keyword : Ferformance Financial, Financial Ratio

scholarly journals Pengaruh Rasio Likuiditas, Rasio Profitabilitas dan Rasio Pasar terhadap Kebijakan Dividen pada Perusahaan Rokok

2017 ◽  
Vol 1 (1) ◽  
pp. 1-11
Author(s):  
Evelyn Wijaya
Keyword(s):  
Linear Regression ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Profit Margin ◽  
Current Ratio ◽  
Financial Factors ◽  
Earnings Per Share ◽  
Net Profit

  The research on financial factors and its effect to dividend policy of Company which is listed in Indonesia Stock Exchange have been carried out by several researchers, but the results showed inconsistent. This research aims to test the influence of liquidity ratio, profitability ratio, market ratio, and its effect on dividend policy of Cigarette Company. The liquidity ratio proxied by Current Ratio, profitability ratio proxied by Net Profit Margin, market ratio proxied by Earning Per Share, and dividend policy proxied by Dividend Per Share. The sample used are 3 companies, listed in IDX period of 2001-2014. Data used in this study is secondary data by using financial statements. The Data analyzed using multiple linear regression. The result showed that net profit margin has a significant effect on dividend per share whereas current ratio and earnings per share has no significant effect on dividend per share of cigarette company which listed in IDX period of 2004-2014. Keywords : Liquidity Ratio, Profitability Ratio, Market Ratio, Dividend Policy.

scholarly journals Kinerja Keuangan, Abnormal Return Sebelum dan Setelah Pengumuman Merger

2017 ◽  
Vol 1 (1) ◽  
pp. 73
Author(s):  
Farid Addy Sumantri
Keyword(s):  
Financial Performance ◽  
Abnormal Return ◽  
Stock Exchange ◽  
Abnormal Returns ◽  
Profit Margin ◽  
Current Ratio ◽  
Return On Equity ◽  
Net Profit ◽  
Before And After ◽  
Price Earnings Ratio

This study aims to examine the differences infinancial performance and abnormal returns in the period before and after the announcement of the merger of the companies listed on the Stock Exchange in the period 2004-2013. In this study the measurement of financial performance using four financial ratios which are the current ratio (CR), the net profit margin (NPM), return on equity(ROE) and price earnings ratio (PER), while the abnormal return is measured using the market return and the actual return. This study used purposive sampling in the sampling study. Company samples tested here are 8 companies from various different types of industries. Hypothesis testing is performed using paired sample t test with a confidence level of 5%. The test results of financial performance in the proxy with the current ratio (CR), the net profit margin (NPM), return on equity (ROE) and price earnings ratio (PER) its how sthe difference before and after the announcement of the merger on the companies listed on the Stock Exchange period 2004-2013.

scholarly journals KINERJA KEUANGAN DAN PERTUMBUHAN LABA ( Studi Empiris : Perusahaan Sub Sektor Properti dan Real Estate yang terdaftar di Bursa Efek Indonesia tahun 2012-2016 )

2019 ◽  
Vol 3 (01) ◽  
Author(s):  
Nor Hanisah ◽  
Kartika Hendra Titisari ◽  
Siti Nurlaela
Keyword(s):  
Real Estate ◽  
Profit Margin ◽  
Total Asset ◽  
Current Ratio ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Net Profit ◽  
Asset Turnover ◽  
Equity Ratio

Penelitian ini bertujuan untuk mengetahui apakah ada pengaruh variabel independen (CR, DER, DAR, NPM, ROE, ROA, TAT) terhadap variabel dependen (pertumbuhan laba). Jenis penelitian ini adalah penelitian kuantitatif. Penelitian dilakukan pada perusahaan property dan real estate yang terdaftar di BEI dengan jumlah sampel 23 perusahaan dan jangka waktu 5 tahun yaitu pada tahun 2012-2016. Metode pengambilan sampel yaitu menggunakan metode purposive sampling. Metode analisis data yang digunakan dalam penelitian yaitu meliputi statistik deskriptif, uji asumsi klasik (uji normalitas, uji autokorelasi, uji multikolinearitas, dan uji heteroskedasitas), uji hipotesis (analisis regresi linier berganda, uji t, dan analisis koefisien determinasi (R2)). Berdasarkan hasil pengujian secara parsial debt to asset ratio (DAR), net profit margin (NPM), return on equity (ROE), dan total asset turnover (TAT) berpengaruh terhadap pertumbuhan laba perusahaan sedangkan current ratio (CR), debt to equity ratio (DER), dan return on asset (ROA) tidak berpengaruh terhadap pertumbuhan laba perusahaan. Kata Kunci : Likuiditas, Leverage, Profitabilitas, Aktivitas, dan Pertumbuhan Laba.

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