scholarly journals PENGARUH PELAKSANAAN KUALITAS AUDIT DAN PROPORSI DEWAN KOMISARIS INDEPENDEN TERHADAP KINERJA KEUANGAN PERUSAHAAN PROPERTY DAN REAL ESTATE DI BURSA EFEK INDONESIA

2019 ◽  
Author(s):  
Ningsih ◽  
Aminar Sutra Dewi

The decline in stock prices of property and real estate firms resulted from the government's policy of high loan interest has not affected the property sector and real estate. This study aims to examine the effect of Good Corporate Governance implementation that is the quality of auditor (KA) to financial performance and proportion of independent board of commissioner (PDKI) to company financial performance. This research uses purposive sampling method that is sampling technique which refers to certain criteria. Based on predetermined criteria, 23 companies will be selected as research samples in 2012 until 2016. The method of analysis used is quantitative method, with classical assumption test and panel data regression analysis. From the three tests obtained the best model is Fixed Effect Model (FEM). The results of this study indicate that audit quality has positive and insignificant effect on financial performance as reflected on return on equity. While the proportion of independent board of commissioners has a negative and significant impact on financial performance as reflected in return on equity.

2019 ◽  
Author(s):  
Ningsih ◽  
Aminar Sutra Dewi

The decline in stock prices of property and real estate firms resulted from thegovernment's policy of high loan interest has not affected the property sector and realestate. This study aims to examine the effect of Good Corporate Governanceimplementation that is the quality of auditor (KA) to financial performance andproportion of independent board of commissioner (PDKI) to company financialperformance. This research uses purposive sampling method that is sampling techniquewhich refers to certain criteria. Based on predetermined criteria, 23 companies will beselected as research samples from 2012 until 2016. The method of analysis used isquantitative method, with classical assumption test and panel data regression analysis.From the three tests obtained the best model is the Fixed Effect Model (FEM). The results ofthis study indicate that audit quality has a positive and insignificant effect on financialperformance as reflected on return on equity. While the proportion of independent boardof commissioners has a negative and significant impact on financial performance asreflected in return on equity


2019 ◽  
Author(s):  
Ningsih

The decline in stock prices of property and real estate firms resulted from thegovernment's policy of high loan interest has not affected the property sector and realestate. This study aims to examine the effect of Good Corporate Governanceimplementation that is the quality of auditor (KA) to financial performance andproportion of independent board of commissioner (PDKI) to company financialperformance. This research uses purposive sampling method that is sampling techniquewhich refers to certain criteria. Based on predetermined criteria, 23 companies will beselected as research samples in 2012 until 2016. The method of analysis used isquantitative method, with classical assumption test and panel data regression analysis.From the three tests obtained the best model is Fixed Effect Model (FEM). The results ofthis study indicate that audit quality has positive and insignificant effect on financialperformance as reflected on return on equity. While the proportion of independent boardof commissioners has a negative and significant impact on financial performance asreflected in return on equity.


2020 ◽  
Vol 13 (3) ◽  
pp. 293-306
Author(s):  
Jiwana Christian ◽  
◽  
Bambang Juanda ◽  
Bayu Bandono ◽  
◽  
...  

This research aimed to analyze the effect of good corporate governance on stock prices. It was conducted on companies listed on the Indonesia Stock Exchange which were included in the KOMPAS100 Index in 2014-2018 by using a purposive sampling technique. Data analysis used was a panel data regression method with a fixed-effect model - least square dummy variable. The results of the study show that the number of board of the commissioner meetings, return on assets, earnings per share, and price to book value had significant effects on stock prices in a positive direction; the number of directors, education/training for corporate secretaries, and price to earnings ratio had positive but insignificant effects; the number of independent commissioners and the number of board of the director meetings had negative but insignificant effects on share prices. The novelty in this study was the addition of the variable of company secretary as an indicator of corporate governance, which was not found in previous studies. Besides, this study added a dummy interaction to see the effect of the level of corporate compliance on corporate governance.


2020 ◽  
Vol 5 (2) ◽  
pp. 150-159
Author(s):  
Riska Siregar ◽  
Muslimin Muslimin ◽  
Muhammad Faisal

This research is to find out and analyze: (1) the effect of Return On Equity, Earning Per Share and Leverage simultaneously affect the stock price in the property and real estate industries in the Indonesian stock exchange, (2) the positive and negative effects of Return On Equity are partially influential on stock prices in the property and real estate industries in the Indonesia Stock Exchange, (3) the positive and negative effects of Earning Per Share partially affect the stock price in the property and real estate industries on the Indonesia Stock Exchange, (4) positive and negative leverage partial effect on stock prices in the property and real estate industry on the Indonesia Stock Exchange. The type of research used is quantitative. The sampling technique in this study uses purposive sampling, with a sample of 21 companies. Analysis method using panel data regression analysis. The results showed that (1) the effect of Return On Equity, Earning Per Share and Leverage simultaneously on stock prices in the property and real estate industries on the Indonesia Stock Exchange, (2) There was a negative influence on Return On Equity on stock prices in the property industry and real estate on the Indonesia Stock Exchange, (3) There is an effect of Earning Per Share on stock prices on the property and real estate industries on the Indonesia Stock Exchange, (4) No leverage on stock prices in the property and real estate industries on the Indonesia Stock Exchange Penelitian ini untuk mengetahui dan menganalisa: (1) pengaruh Return On Equity, Earning Per Sharedan Leverage secara simultan berpengaruh terhadap harga saham pada industri property dan real estate  di bursa efek Indonesia, (2) pengaruh positif dan negatif  Return On Equitysecara parsial berpengaruh terhadap harga saham pada industri property dan real estate  di Bursa Efek Indonesia, (3) pengaruh positif dan negatif Earning Per Share  secara parsial berpengaruh terhadap harga saham pada industri property dan real estate di Bursa Efek Indonesia, (4) pengaruh positif dan negatif Leveragesecara parsial berpengaruh terhadap harga saham pada industri property dan real estate  di Bursa Efek Indonesia. Jenis penelitian yang digunakan adalah kuantitatif.Teknik penarikan sampel dalam penelitian ini menggunakan purposive sampling, dengan jumlah sampel 21 perusahaan. Metode analisis menggunakan analisis regresi data panel. Hasil penelitian menunjukkan bahwa (1) pengaruh Return On Equity, Earning Per Share dan Leverage secara serempak terhadap harga saham pada industri property dan real estate  di Bursa Efek Indonesia, (2) Terdapat pengaruh Return On Equity secara negatif terhadap harga saham pada industri property dan real estate  di Bursa Efek Indonesia, (3) Terdapat pengaruh Earning Per Share terhadap harga saham pada industri property dan real estate  di Bursa Efek Indonesia, (4) Tidak berpengaruh Leverage terhadap harga saham pada industri property dan real estate  di Bursa Efek Indonesia 


2021 ◽  
Vol 5 (1) ◽  
pp. 61-70
Author(s):  
Joni Fernandes ◽  
Devi Oktavia

The low absorption of the budget in capital expenditures can have an impact, including, for example, the poor local infrastructure that is currently owned and the absence of a significant additional number of projects in the new infrastructure sector, the absence of basic infrastructure such as ports, roads, clean water processing and generators electricity. The purpose of this study was to determine how much influence local revenue and general allocation funds have on capital expenditures in 19 districts and cities in West Sumatra for the 2015–2019 period. Total sampling method is used for the sampling technique and obtained 95 data. The Central Bureau of Statistics of West Sumatra Province is a place for data collection through the website www.sumbar.bps.go.id. Panel data regression analysis is the analysis method used  with the help of the E-Views 8 application. After the Hausman-Test was carried out, it was decided to use the Fixed Effect Model method. The results showed that there was a positive effect of PAD and DAU on capital expenditures, both individually and collectively.


2020 ◽  
Vol 1 (4) ◽  
pp. 528-542
Author(s):  
Zati Amani ◽  
Markonah Markonah

The purpose of this research was to analyzed the influence of premium income, underwriting and investment returns on profits towards joint venture general insurance companies in Indonesia. The samples that were used was 8 joint venture general insurance companies with a purposive sampling technique, including: PT ACE Jaya Proteksi, PT Allianz Utama Indonesia's Insurance, PT AIG Insurance Indonesia, PT Mandiri Insurance AXA General Insurance, PT Asuransi MSIG Indonesia, PT Asuransi Sompo Japan Nipponkoa Indonesia, PT Asuransi Tokio Marine Indonesia and PT Asuransi QBE Pool Indonesia.  The data used in this research were obtained from the 2011-2016 Indonesian insurance report. And The analysis technique which used in this research is panel data regression.  The results of the research were using the fixed effect model found that premium income and underwriting results had a significant positive influences towards the profits of joint venture general insurance companies in Indonesia, while investment results showed no any effection towards its.


2017 ◽  
Vol 4 (4) ◽  
pp. 312
Author(s):  
Yeano Dwi Andhika ◽  
Noven Suprayogi

Capital adequacy regulation imposed on banks, including Islamic banks, is part of the regulators’ efforts to ensure that banks have adequate capital in order to get them prepared facing the risks that might arise in their operations. This research aims to find the effects of Islamic banks’ specific variables on Capital Adequacy Ratio (CAR), the capital adequacy indicator in banks.Using panel data regression, this research investigates the possible effects of four bank spesific variables which are Bank Size (LNSIZE), Non-Performing Financing (NPF), Return on Equity (ROE), and Financing to Deposit Ratio (FDR) on Capital Adequacy Ratio (CAR). There are 11 Indonesia’s Islamic commercial banks during 2011 to 2015 used as sample. As Fixed Effect Model (FEM) chosen to be the estimation model, this research indicates that LNSIZE, NPF, ROE and FDR have significant effects on CAR with different level of significance.


2020 ◽  
Vol 8 (4) ◽  
pp. 325
Author(s):  
Siti Kholifah

The property sector is one sector that is capable of absorbing large numbers of workers and has a multiplier effect and considerable backward linkage to other economic sectors. The property and real estate sub-sectors are quite interesting to be the object of research because investors in investing in stocks choose companies This study aims to determine the effect of PER (X1), ROE (X2), and DER (X3) variables on stock prices (Y) in property and real estate sub-sector companies. PER (X1), ROE (X2), and DER (X3) are used as independent variables while Stock Price (Y) is the dependent variable. The sampling technique was carried out by means of the purposive sampling method and obtained 16 companies as research samples. Data collection technique is the documentation method. Data were analyzed using multiple linear regression techniques with the help of SPSS version 20 statistical software. The results of this study indicate that the PER, ROE, and DER variables simultaneously have a significant effect on stock prices in property and real estate sub-sector companies on the Indonesia Stock Exchange. Partially only PER and ROE variables have a significant effect, while the DER variable has no significant effect. ROE variable is the variable that most influences the stock price.


2018 ◽  
Vol 9 (1) ◽  
pp. 18-31
Author(s):  
Nadi hernadi Moorcy

Abstrak   Harga saham dapat mencerminkan nilai dari suatu perusahaan. Perusahaan yang kinerja keuangannyabaik, sahamnya akan banyak diminati oleh investor. Salah satu yang diperhatikan dalam pencapaian kinerja suatu perusahaan adalah laba. Rasio yang digunakan sebagai pengukur kinerja keuangan perusahaan antara lainReturn On Assets (ROA), Return On Equity(ROE) dan Earning Per Share (EPS).Penelitian ini bertujuan untuk mengetahui dan membuktikan secara empiris pengaruh Return On Asset, Return On Equity dan Earning Per Shareterhadap harga saham pada perusahaan Food & Beverages yang terdaftar di Bursa Efek Indonesia periode 2010-2015. Teknik pengambilan sampel menggunakan purposive sampling dengan jumlah sampel sebanyak 10 perusahaan. Data dianalisis dengan menggunakan analisis linear berganda. Hasil penelitian secara parsialmenunjukan bahwa ROA tidak berpengaruh terhadap harga saham, ROE tidak berpengaruh terhadap harga saham, sedangkan EPS berpengaruh terhadap harga saham. Secara simultan ROA, ROE dan EPS berpengaruh terhadap harga saham. Abstract   Stock prices may reflect the value of a company. Companies whose financial performance is good, its shares will be much in demand by investors. One that is considered in the achievement of a company's performance is profit. Ratios used as a measure of corporate financial performance include Return On Assets (ROA), Return On Equity (ROE) and Earning Per Share (EPS). This study aims to determine and prove empirically the influence of Return On Assets, Return On Equity and Earning Per Share to stock prices at Food & Beverages companies listed on the Indonesia Stock Exchange 2010-2015 period. The sampling technique used purposive sampling with the number of samples of 10 companies. Data were analyzed by using multiple linear analysis. The results of partially show that ROA does not affect the stock price, ROE do not affect the stock price, while the EPS effect on stock prices. Simultaneously ROA, ROE and EPS effect on stock prices.


2020 ◽  
Vol 20 (1) ◽  
pp. 174
Author(s):  
Delala Yuvita Sari ◽  
Riana Rahmawati Dewi ◽  
Rosa Nikmatul Fajri

This study aims to analyze the effect of return on assets (ROA), return on equity (ROE), earnings per share (EPS), current ratio (CR), debt to equity ratio (DER) on stock prices. The sampling technique uses purposive sampling. Based on purposive sampling, 34 samples of property and real estate companies listed on the Indonesia Stock Exchange for the period of 2016-2018 were obtained in accordance with predetermined criteria, so that the total sample of 102 total were ready to be processed. The data analysis method used in this study is multiple linear regression analysis. The results of this study prove that earnings per share variable has a positive and significant effect on stock prices. Conversely the current ratio variable has a negative and significant effect on stock prices, while the variable return on assets, return on equity, debt to equity ratio has no effect on stock prices.


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