scholarly journals Pengaruh Dar, Ukuran Perusahaan, Dan Tax Avoidance Terhadap Cost Of Debt

2020 ◽  
Vol 2 (2) ◽  
pp. 469
Author(s):  
Sherly Lie Wardani ◽  
Herman Ruslim
Keyword(s):  
Stock Exchange ◽  
Tax Avoidance ◽  
Cost Of Debt ◽  
Purposive Sampling ◽  
Listed Firms ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
Student Version ◽  
The Cost

The purpose of this study is to find out the effect of debt to asset ratio, firm size, and tax avoidance on the cost of debt of the listed firms of the food and beverage industry in Indonesia Stock Exchange period 2015-2018. This study uses pooled OLS regression, using 10 companies over 4 years that have been selected by purposive sampling and resulting 40 samples data. This study uses Eviews 10 student version software. The results of this study show that debt to asset ratio and firms size have positive effect and significantly on cost of debt, however tax avoidance does not significantly influence on cost of debt. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh debt to asset ratio, ukuran perusahaan, dan penghindaran pajak terhadap biaya utang pada perusahaan industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2015-2018. Penelitian ini menggunakan regresi data panel OLS, menggunakan 10 perusahaan selama 4 tahun yang telah diseleksi menggunakan purposive sampling dan menghasilkan 40 sampel data. Pengujian yang dilakukan pada penelitian ini dengan software Eviews 10 student version. Hasil dari penelitian ini adalah debt to asset ratio dan ukuran perusahaan berpengaruh positif dan signifikan terhadap biaya utang, namun penghindaran pajak tidak berpengaruh secara signifikan terhadap biaya utang.

scholarly journals THE EFFECT OF INFLATION LEVELS AND OIL PRICES ON STOCK RETURN FOOD AND BEVERAGE

2019 ◽  
Vol 17 (2) ◽  
pp. 135
Author(s):  
Kristian Chandra
Keyword(s):  
Regression Analysis ◽  
Stock Returns ◽  
Stock Return ◽  
Stock Exchange ◽  
Oil Prices ◽  
Sampling Techniques ◽  
Purposive Sampling ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage

<p>This study aims to synthesize to see the consequences of inflation and oil prices on stock returns. The shares observed in this study are stocks that are included in the food and beverage section listed on the Indonesia Stock Exchange (IDX) during the year 2010-2015. To determine the sample sorted in this study is to use Purposive Sampling techniques to obtain samples that match the parameters that have been used as a benchmark. The number of food and beverage industry samples that meet the criteria are 13 listed on the Indonesia Stock Exchange in 2010-2015. Regression analysis using the EViews program was chosen as the method used in analyzing the data. The results confirm that inflation has a negative and significant effect on stock returns and oil prices have a positive and significant effect on the return of food and beverage stocks listed on the IDX in 2010-2015.</p>

scholarly journals PENGARUH LIKUIDITAS, LEVERAGE, DAN PROFITABILITAS TERHADAP HARGA SAHAM INDUSTRI MAKANAN DAN MINUMAN DI BEI

2020 ◽  
Vol 4 (2) ◽  
pp. 113-120
Author(s):  
Alfrida Rianisari ◽  
Husnah Husnah ◽  
Cici Riyanti K Bidin
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Analysis Method ◽  
Purposive Sampling ◽  
Beverage Industry ◽  
Panel Data Regression ◽  
Food And Beverage Industry ◽  
Data Regression ◽  
Food And Beverage

This study aims to determine the effect of simultaneous liquidity, leverage and profitability to stock prices and the partial influence of liquidity, leverage and profitability to stock prices in food and beverage industry listed on Indonesia Stock Exchange (IDX). This study uses the entire food and beverage industry population listed in Indonesia Stock Exchange (IDX) in 2012 until 2016 as many as 16 companies. Sampling is done by purposive sampling. The sample used in this study as many as 11 companies listed on the Indonesia Stock Exchange (IDX). Data analysis method used is panel data regression analysis using EViews 9 program. The results stated that during the period 2012-2016 (1) simultaneously liquidity, leverage and profitability have an effect on signifikan to stock price in food and beverage industry which listed in Indonesia Stock Exchange (IDX), (2) liquidity has a positive and significant effect on stock price, (3) leverage have positive and insignificant effect to stock price, (4) profitability has a positive and significant effect on stock prices in food and beverage industry listed in Indonesia Stock Exchange (IDX). Penelitian ini bertujuan untuk mengetahui pengaruh simultan likuiditas, leverage dan profitabilitas terhadap harga saham dan pengaruh parsial likuiditas, leverage dan profitabilitas terhadap harga saham pada industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia (BEI). Penelitian ini menggunakan populasi seluruh industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun 2012 sampai dengan 2016 sebanyak 16 perusahaan. Pengambilan sampel dilakukan dengan purposive sampling. Sampel yang digunakan dalam penelitian ini sebanyak 11 perusahaan yang terdaftar di Bursa Efek Indonesia (BEI). Metode analisis data yang digunakan adalah analisis regresi data panel dengan menggunakan program EViews 9. Hasil penelitian menyatakan bahwa selama periode 2012-2016 (1) secara simultan likuiditas, leverage dan profitabilitas berpengaruh signifikan terhadap harga saham pada industri makanan dan minuman yang terdaftar di Bursa Efek Indinesia (BEI), (2) likuiditas berpengaruh positif dan signifikan terhadap harga saham, (3) leverage berpengaruh positif dan tidak signifikan terhadap harga saham, (4) profitabilitas berpengaruh positif dan signifikan terhadap harga saham pada industri makanan dan minuman yang terdaftar di Bursa  Efek Indinesia (BEI).

scholarly journals perekonomian indonesa

2019 ◽  
Author(s):  
Pricyllia
Keyword(s):  
Sugar Industry ◽  
Raw Material ◽  
Efficient Production ◽  
Internal Conflicts ◽  
Beverage Industry ◽  
Self Sufficiency ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
Cost Efficient ◽  
The Cost

The 1930s was the heyday of the Indonesian sugarindustry that is capable of exporting to manycountries and has become the country an exporterof sugar to two after Cuba, but the situation isreversed since 1967 in which Indonesia wouldimport sugar from Brazil, India, and Thailand inorder to meet the needs raw material consumptionand food and beverage industry. The resultsshowed that the cost of sugar production isvery uneconomical because of inefficiency thatstretches from the cultivation to processing inthe factory so difficult to obtain profit margins.Target and beyond sugar self-sufficiency can notbe achieved because highly regulated, there is nosynergy and tends to conflicts of interests amongministries or agencies, and internal conflicts oftenoccur between the sugar mill and the disharmonybetween sugarcane farmers by the sugar millofficials.In the competition of the sugar industry aremore stringent, in the era of the Asean EconomicCommunity, it means the level of efficiency of sugarfactories in the country need special attention,the same thing also applies to industrial users ofsugar, and sugar as a raw material componentscontribute to the creation of products food andbeverage efficient so as to compete with similarproducts from other countries. Observing howthe intense competition in the Asean EconomicCommunity is based on free trade, the yield ofsugar that’s a cost efficient production is veryimportant and urgent at this time, including workto improve the welfare of farmers.

scholarly journals Variabel Fundamental yang Mempengaruhi Struktur Keuangan dan Implikasinya terhadap Rentabilitas Ekonomi

Owner ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 674-684
Author(s):  
Wiwiek Kusumaning Asmoro ◽  
Novie Astuti Setianingsih ◽  
Eti Putranti
Keyword(s):  
Firm Size ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Structure ◽  
Sales Growth ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
Negative Effect ◽  
Retained Earnings

Fundamental variables in this research are shown in the level of sales growth, asset structure, company size and retained earnings. The purpose of this study was to determine the effect of sales growth rate, asset structure, firm size and retained earnings on financial structure. In addition, the purpose of this study is to examine how these variables affect economic rentability. The population in this study is the Food and Beverage Industry Sub-sector listed on the Indonesia Stock Exchange for the 2016-2020 period as many as 15 companies. The sampling technique is using purposive sampling which is a technique in sampling with certain considerations. The sampling technique is carried out proportionally sampling with the type of Judgment Sampling. Data collection technique used is documentation technique with polling data type. The number of samples in this study were 11 companies, the data used in the form of financial statements of the Food and Beverage Industry Subsector obtained from the Indonesia Stock Exchange. The results showed that sales growth and retained earnings had a positive effect on financial structure, while asset structure and firm size had a negative effect. The results of research on economic rentability, sales growth variables and retained earnings also have a positive effect, while asset structure and firm size have a negative effect. So the findings of this study can be concluded that the growth rate of sales, retained earnings can improve the financial structure and economic rentability of the company.

scholarly journals PENGARUH PENGHINDARAN PAJAK TERHADAP BIAYA HUTANG DAN KEPEMILIKAN INSTITUSIONAL SEBAGAI PEMODERASI

2019 ◽  
Vol 21 (1) ◽  
pp. 47-60
Author(s):  
FAHREZA UTAMA ◽  
DWI JAYA KIRANA ◽  
KORNEL SITANGGANG
Keyword(s):  
Sampling Method ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Institutional Ownership ◽  
Cost Of Debt ◽  
Effective Tax Rate ◽  
Tax Rate ◽  
Section Data ◽  
The Cost ◽  
The Relationship

The aim of this study is to test the influence of tax avoidance towards the cost of debt moderated by institutional ownership. In this research, tax avoidance measured by proxy of Book Tax Different (BTD) and Cash Effective Tax Rate (CETR). The population in this research is manufacturing firms that listed on Indonesia Stock Exchange (IDX) with 2015-2017 time periods. The amount of sample before outlier is 198 datas collected with purposive sampling method, then the amount of sample after outlier is 187 datas for first model and 186 datas for second model. Cross section data is used in this research. Multiple linear regression, determination coefficients, and partial test (t-test) is used with some help of programming data using SPSS (Statistical Product and Service Solution) 23th version to analize in this research. The result of this study indicate tax avoidance has not significant influence towards the cost of debt, and institutional ownership can’t moderate the relationship between tax avoidance and the cost of debt.

scholarly journals ANALISIS PENGARUH FAKTOR MIKRO EKONOMI TERHADAP RISIKO INVESTASI SAHAM PADA SEKTOR INDUSTRI MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA

Widya Amerta ◽  
2019 ◽  
Vol 6 (2) ◽  
Author(s):  
Made Santana Putra Adiyadnya ◽  
I Gede Rihayana ◽  
Putu Agus Eka Rismawan ◽  
Bagus Nyoman Kusuma Putra
Keyword(s):  
Exchange Rate ◽  
Capital Market ◽  
Stock Exchange ◽  
National Development ◽  
Investment Risk ◽  
Financial Leverage ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Food And Beverage ◽  
Operating Leverage

The Indonesian Capital Market has an important role in the mobilization of funds for national development. The capability of the Indonesian Capital Market in mobilizing funds has become an important container besides banking to provide funds through the sale of shares and bonds. The counting of return and risk are two important things in any capital or fund to be invested. Investment risk generally is affected by micro and macro factors. The purpose of this research is to analyze how the effect of financial leverage, operating leverage and company liquidity simultaneously and partially to share investment risk on the food and beverage industry in Indonesia stock exchange period 2013-2017. The result of this research were the variable of economic conditions, interest rate, inflation, exchange rate, financial leverage, operating leverage and company liquidity simultaneously have a significant effect to share investment risk on the food and beverage industry in Indonesia stock exchange period 2013-2017 and the variable of exchange rate with financial leverage variable has a negative and significant effect to share investment risk on the food and beverage industry in Indonesia stock exchange period 2013-2017.

scholarly journals Profitability Ratio Analysis and its Effect’s to Firm Value in the Food and Beverage Industry in Indonesian Stock Exchange

2017 ◽  
Vol 9 (4) ◽  
pp. 12-17
Author(s):  
Sitti Murniati
Keyword(s):  
Firm Value ◽  
Stock Exchange ◽  
Operating Income ◽  
Book Value ◽  
Contribution Margin ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Net Profit ◽  
Food And Beverage ◽  
Earning Power

This study aims to analysis the profitability ratio consisting of net profit margin, basic earning power and contribution margin and its effect on firm value in Food and Beverage industry. The data in this study, obtained from the capital market information center with the object of research in Food and Beverage industry listed on the Indonesian Stock Exchange. This study uses secondary data sourced from the financial statements in Food and Beverage industry, published by the Indonesian Stock Exchange in 2012 until 2015. The data analysis method used is multiple regression analysis. After analysis of all data, the result of research is as follows: 1) net profit margin has a positive and significant effect to price book value which means that management experience success in operational matter and will result in increasing investor trust to invest in Food and Beverage industry, 2 ) basic earning power has a positive and insignificant effect to price book value which means that the working capital in the issuer is only the operating capital or operating assets, as well as the profit that is accounted for only from the operating income of the company is net operating income, and 3) contribution margin has a negative and significant effect to price book value which means that the issuer has not been able to generate profits from the sales of its product caused by the selling price of down so that the contribution margin amount cannot be used to cover all fixed costs so that there is loss in the period.

scholarly journals PENGARUH PENGHINDARAN PAJAK, KEPEMILIKAN INSTITUSIONAL, DAN PROFITABILITAS TERHADAP BIAYA HUTANG (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Periode 2011-2015)

2019 ◽  
Vol 7 (1) ◽  
pp. 58-69
Author(s):  
Elvis Nopriyanti Sherly ◽  
Desi Fitria
Keyword(s):  
Stock Exchange ◽  
Tax Avoidance ◽  
Institutional Ownership ◽  
Cost Of Debt ◽  
Effective Tax Rate ◽  
Return On Assets ◽  
Tax Rate ◽  
Negative Effect ◽  
Internal Funds ◽  
The Cost

The purpose of this study is to prove the effect of tax avoidance, institutional ownership, and profitability on cost of debt. The sample consisted of 71 manufactured firms in listed in Indonesian Stock Exchange from 2011-2015 by using a purposive sampling method. The results of the study showed that the tax avoidance had negative effect on cost of debt. The meaning is getting smaller Cash Effective Tax Rate the cost of debt incurred greater. The results of this study also showed that the institutional ownership doesn’t had effect on cost of debt. Furthermore, the result of Return on Assets (ROA) as proxy profitability had a negative effect on cost of debt. The meaning that the higher the profitability of the company then the company will have a high internal funds that can be used in making the use of debt financing is getting smaller which causes the cost of debt also becomes smaller.

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