scholarly journals Ukuran Perusahaan sebagai Pemoderasi dalam Hubungan Profitabilitas dan Likuiditas terhadap Struktur Modal Bank Umum Syariah

2020 ◽  
Vol 4 (2) ◽  
pp. 136
Author(s):  
Fauziah Nur Hutauruk

<p><em>The research aims to </em><em>examine</em><em> the effect of profitability and liquidity on capital structure of Islamic Commercial Banks with the firm size as a moderati</em><em>on </em><em>variable. The population of this research is Islamic Commercial Banks</em><em>, which was </em><em>registered </em><em>in</em><em> the Financial Services Authority (OJK) in period 2015-2018. </em><em>Sample of research was a purposive sampling covering eights units of Islamic Commercial Banks in Indonesia</em><em>. The data analysis technique used was the panel data regression method (pooled data) and processing by using Eviews10 software. The result of the analysis showed that Profitability (ROE) and Liquidity (FDR) did not affect the capital structure (CAR) simultaneously. Then </em><em>firm</em><em> size proved unable to moderate the relationship between profitability (ROE) on capital structure. On the other hand, the firm size was able to moderate the relationship between liquidity (FDR) and capital structure in Islamic commercial banks. This study has confirmed the previous findings that did not elaborate in detail the relationship.</em></p><p><em><span id="docs-internal-guid-5f013ba9-7fff-1f58-b5a6-09c758f17299"><span>Penelitian ini bertujuan untuk mengetahui peranan profitabilitas dan likuiditas terhadap struktur modal dengan ukuran perusahaan sebagai variabel moderasi. Populasi penelitian ini adalah bank umum syariah yang terdaftar pada otoritas jasa keuangan (OJK) periode tahun 2015-2018. Sampel penelitian diambil dengan cara </span><span>purposive sampling</span><span>, sehingga diperoleh sampel 8 BUS yang ada di Indonesia. Teknik analisis data yang digunakan adalah metode regresi data panel (</span><span>pooled data</span><span>) yang merupakan gabungan dari data </span><span>cross section </span><span>dan data </span><span>time series </span><span>dengan menggunakan </span><span>Software Eviews 10</span><span>. Hasil analisis menunjukkan Profitabilitas (ROE) dan Likuiditas (FDR) secara parsial tidak memiliki pengaruh terhadap struktur modal (CAR). Kemudian ukuran perusahaan terbukti tidak mampu memoderasi hubungan antara profitabilitas (ROE) terhadap struktur modal, namun sebaliknya ukuran perusahaan mampu sebagai pemoderasi hubungan antara Likuiditas (FDR) terhadap struktur modal pada bank umum syariah. Studi ini mempertegas temuan terdahulu yang tidak mengelaborasi dengan detail terkait hubungan tersebut.</span></span></em></p>

2020 ◽  
Vol 7 (3) ◽  
pp. 610
Author(s):  
Ilyas Chaidir Rahmansyah ◽  
Lina Nugraha Rani

This research employed a quantitative approach to investigate the relationship between dependent and independent variables and to test the hypotheses. The data utilized in this research were secondary data from the official website of Bank Indonesia (BI), the Financial Services Authority (OJK), the Central Statistics Agency (BPS), gold price providers in Indonesia, and monthly BUS & UUS bank statements in Indonesia. The population in this study consisted of 14 BUS and 20 UUS which registered on the Financial Services Authority. This research used a sampling technique using predetermined criteria so that a sample of 4 BUS and 1 UUS were obtained from April 2015 to August 2019. Moreover, the analysis technique employed in this research was panel data regression with EViews 9 statistical tools. The results of this research describe that the price of gold, inflation and the exchange rate of the dollar do not have a significant impact on the financing of Murabahah Gold, but margin have a significant impact and negative correlated with Murabahah Gold in Islamic banking in Indonesia, especially among Islamic Commercial Banks and Sharia Business Units.Keywords: Gold Prices, Inflation, Dollar Exchange, Murabahah Gold, Islamic Banking


Author(s):  
Neng Ria Kanita ◽  
Hendryadi Hendryadi

This study aims to examine the simultaneous and partial effects of profitability, liquidity, and firm size on capital structure. The sample is 10 pharmaceutical manufacturing companies listed in Indonesia Stock Exchange period 2012-2016, using purposive sampling. The technique of analysis used is panel data regression (pooled regression). The results showed that the selected model is the fixed effect. Simultaneously NPM, CR, and Firm Size have a significant effect on capital structure. Partially NPM has a negative and significant effect on capital structure. CR partially have a negative and not significant effect on capital structure. Partially Firm Size have a positive and significant effect on capital structure. Variables that have a significant effect on capital structure are NPM and Firm Size. While CR does not significantly affect the capital structure. Keywords: Capital Structure, Profitability, Liquidity, Firm Size


2019 ◽  
Vol 2 (2) ◽  
pp. 114-123
Author(s):  
Multazam Mansyur Addury

Abstract - This study aims to analyze the effect of efficiency on the performance of Islamic banking by using market share as a moderator variable. The data  which are used in this study are 7 Sharia Commercial Banks in the annual form from the period of 2014 to 2018. The data analysis technique uses is the analysis of panel data regression. The results of this research prove that, first, the efficiency of Islamic banking has a significant influence on the performance of Islamic banking. Second, the market share of Islamic banks has no significant impact in moderating the relationship between the efficiency and the performance of Islamic banks. Keywords: Efficiency, Performance, Market Share, Islamic Banks


2017 ◽  
Vol 8 (2) ◽  
pp. 339 ◽  
Author(s):  
Gatot Nazir Ahmad ◽  
Ripa Lestari ◽  
Sholatia Dalimunthe

The purpose of this study is to analyze the effect of profitability, structure assets, firm size and liquidity to the capital structure of mining companies listed on the Indonesia Stock Exchange for the period 2012-2015. Sampling technique using purposive sampling. Data analysis technique used in this research is panel data regression. The results showed that partially profitability had negative and significant effect to capital structure, asset structure had positive and significant effect to capital structure, firm size had positive and significant effect to capital structure, and liquidity had negative and significant effect to capital structure. Simultaneously profitability, asset structure, firm size and liquidity have a significant effect on capital structure.


2020 ◽  
Vol 6 (11) ◽  
pp. 2347
Author(s):  
Mukhibbatul Adawiyah ◽  
Noven Suprayogi

This study aims to find out the simultaneous and partial influence of Firm Age, Firm Size, Third-Party Funds Growth And Predicate of GCG Self Assesment On The Level of Shariah Governance Disclosure. This study use quantitative approach. The analysis technique used is the panel data regression. The sampling technique is purposive sampling and obtain a sample of 11 shariah commercial banks in Indonesia. This result of this study indicated that firm age, firm size, and thirs-party funds growth variables partially have a positive and significant effect, while predicate of GCG self assesment have not significant effect. Nonetheless simultaneously Firm Age, Firm Size, third-party funds growth and predicate of GCG self assesment have a significant effect on the level of shariah governance disclosure on shariah commercial banks in Indonesia.Keywords: Firm Age, Firm Size, third-party funds growth, predicate of GCG self assesment, level of shariah governance disclosure, shariah commercial banks


2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Ratnasari Dewi Gita ◽  
Ayus Ahmad Yusuf

ABSTRACT�This study aims to test and analyze the effect of Capital Structure, Firm Size and Profitability on Corporate Value both partially and simultaneously of The Mining Sector Companies registered in Indonesian Stock Exchange period 2013-2017. The research method used in this research is descriptive and verificative method with quantitative approach. The population in this research is all mining companies of Indonesian Stock Exchange period 2013-2017. The samples taken by using purposive sampling method and acquired 15 companies. Analysis technique used is panel data regression analysis. The results of this research show that the Capital Structure, Firm Size and Profitability have significant and positive effect on Corporate Value simultaneously. While, the Capital Structure, Firm Size and Profitability have significant and positive effect on Corporate Value partially.�Keyword: Capital Structure (DER), Firm Size (Total Asset), Profitability (ROA) and Firm Value (Tobin�s Q).ABSTRAK�Tujuan dari penelitian ini adalah untuk menguji dan menganalisis pengaruh Struktur Modal, Ukuran Perusahaan dan Profitabilitas terhadap Nilai Perusahaan baik secara parsial maupun secara simultan pada Sektor Pertambangan yang terdaftar di Bursa Efek Indonesia Periode 2013-2017. Metode penelitian yang digunakan dalam penelitian ini yaitu metode deskriptif dan verifikatif dengan pendekatan kuantitatif. Populasi dalam penelitian ini adalah semua perusahaan pertambangan di Bursa Efek Indonesia Periode 2013-2017. Sampel diambil dengan menggunakan metode purposive sampling, dan diperoleh 15 perusahaan. Teknik analisis data yang digunakan adalah analisis regresi data panel. Hasil penelitian menunjukkan bahwa Struktur Modal, Ukuran Perusahaan dan Profitabilitas secara simultan berpengaruh positif signifikan terhadap Nilai Perusahaan. Dan secara parsial menunjukkan hasil bahwa Struktur Modal, Ukuran Perusahaan dan Profitabilitas masing-masing berpengaruh positif signifikan terhadap Nilai Perusahaan.�Kata Kunci: Struktur Modal (DER), Ukuran Perusahaan (Total Aset), Profitabilitas (ROA) dan Nilai Perusahaan (Tobin�s Q).


MBIA ◽  
2019 ◽  
Vol 18 (1) ◽  
pp. 94-110
Author(s):  
Enni Harisa ◽  
Mohamad Adam ◽  
Inten Meutia

The objective of this study was to determine the effect of the quality of good corporate governance disclosure, leverage, and firm size on profitability of Islamic commercial banks in Indonesia and Malaysia. The data was obtained from the websites of each bank in the period 2011-2017 with a total sample of 16 Islamic commercial banks in Indonesia and Malaysia. The data analysis technique used in this study was panel data regression analysis. Based on the results of analysis and testing that examined the effect of Quality of Good Corporate Governance (GCG) Disclosure, Leverage, and Firm Size on Profitability on Islamic Commercial Banks in Indonesia and Malaysia registered in each WEB of Islamic banking in the 2011-2017 observation period. Then the empirical results were obtained as follows: The quality of disclosure of GCG did not affect the profitability of Islamic commercial bank inIndonesia and Malaysia, it was because companies find it difficult to understand and feel only to burden the company's finances and think that disclosure was not profitable for the company. Leverage did not affect profitability because the Islamic commercial banks in  Indonesia and Malaysia had a mean (average) of leverage value for the period 2011-2017 of 7.36%, which means it is still a small category where the maximum leverage value is 150% and for finance companies is 600% . So that the leverage variables of each Indonesian and Malaysian Islamic banking had no effect on profitability. Meanwhile, firm size had an effect on the profitability of Indonesian and Malaysian Islamic banking, because the greater the company's assets could increase the value of profitability.


2019 ◽  
Vol 2 (2) ◽  
pp. 483
Author(s):  
Cindhy Dahlia

This study aims to obtain empirical evidence on the effect of capital structure, firm size, liquidity of financial performance and inflation as a moderating variable. The number of sample companies used in this study is 168 non financial companies period from 2012 to 2016. The results of this study indicate that on the capital structure have a significant negative effect of financial performance, firm size have a significant positive effect of financial performance, and liquidity have an non significant and positive effect of financial performance. Data were analyzed using panel data regression. Based on the analysis of regression panel data, we concluded that the inflation proved to have a pure moderating influence on the relationship between liquidity of the financial performance. Keyword: Capital Structure, Firm Size, Liquidity, Inflation, Financial performanceAbstrakPenelitian ini bertujuan untuk mendapatkan bukti empiris mengenai pengaruh struktur modal, ukuran perusahaan, likuiditas terhadap kinerja keuangan yang dimoderasi oleh inflasi. Jumlah sampel perusahaan yang digunakan dalam penelitian ini adalah 168 perusahaan non keuangan tahun 2012-2016. Hasil penelitian ini menunjukkan struktur modal berpengaruh negatif dan signifikan terhadap kinerja keuangan, ukuran perusahaan berpengaruh positif dan signifikan terhadap kinerja keuangan, likuiditas berpengaruh positif dan tidak signifikan terhadap kinerja keuangan. Data yang dianalisis menggunakan regresi data panel. Berdasarkan analisis regresi data panel, dapat disimpulkan bahwa inflasi sebagai variabel pure moderating antara pengaruh likuditas terhadap kinerja keuangan.Keyword: struktur modal, ukuran perusahaan, likuiditas, inflasi, kinerja keuangan


Author(s):  
Harvinder Singh Mand ◽  
Manjit Singh

This paper intends to measure the impact of capital structure on EPS (earnings per share) in Indian corporate sector. Fifteen control variables along with capital structure have been selected to know their impact on EPS. Panel data regression has been applied to establish the relationship among dependent and independent variables. It is found from the empirical analysis that the relation of capital structure with EPS has been statistically insignificant in Indian corporate sector among all specific industries except telecommunication industry. The results are consistent with Modigliani-Miller approach.


Author(s):  
Mohd Faizal Basri Et.al

This paper explores the firm-specific factors,which are assets tangibility, sales growth, profitability, and firm size in ascertaining the capital structure of Shariah-compliant telecommunications and media companies in Malaysia. Panel data regression model based on ordinary least square (OLS) method was employed in the research. The sample of research comprisesof nine Shariah-compliant companies listed in telecommunications and media sector in the Main Market and Ace Market ofBursa Malaysiafrom 2009to 2018, with a 90firms-years of total number of observations. The dependent variable selected was debt to equity ratio. Meanwhile, the independent variables chosen were assets tangibility, sales growth, profitability, and firm size. Thefindings revealed thatassets tangibilityhas a positive relationship, while profitability is negatively related to the dependent variable. Conversely, sales growth and firm size were insignificant to debt to equity ratio.The pecking order and trade-off theories of capital structure is very much applicable to the Shariah-compliant telecommunications and media in Malaysia sinceassets tangibility and profitability have significant relationship with leverage.


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