scholarly journals EFEK KATERING DIVIDEN

2014 ◽  
Vol 9 (4) ◽  
Author(s):  
Winston Pontoh
Keyword(s):  
Hypothesis Testing ◽  
Capital Market ◽  
Stock Price ◽  
Stock Exchange ◽  
The Other ◽  
Dividend Payment ◽  
Covariate Model ◽  
Main Factor

Dividend still considered as the main factor affecting the stock price in capital market, because by dividend, the investors will attract for buying or selling their stocks. And by these behaviors, the stock price will fluctuate in capital market. In the other side, managers also believe that, the stock price will increase if they are announcing dividend payment. This phenomenon make the managers tend to behave paying dividends in terms if their stock price valued higher by investors in capital market. In other words, the managers will cater the investors, if in first condition, the investors valuing higher their stock price. This study is using 103 entities listed in Indonesia Stock Exchange in period of 2009 until 2013, and conducting Analysis of Covariate Model (ANCOVA) for hypothesis testing. The results of analysis is show that stock price have significant effect to dividend, while entities with code DP5 are the most entities who significant effect to dividend.

scholarly journals Analisis Sell in May and Go Away di Bursa Efek Indonesia dan Malaysia Periode 2017-2019

2021 ◽  
Vol 9 (1) ◽  
pp. 311
Author(s):  
Laila Marta Zarika ◽  
R.A. Sista Paramita
Keyword(s):  
Hypothesis Testing ◽  
Stock Price ◽  
Abnormal Return ◽  
Stock Exchange ◽  
T Test ◽  
The Other ◽  
Price Movement ◽  
Paired Sample ◽  
Price Data ◽  
The Difference

In May and Go Away (SMGA), Sell is a type of seasonal Anomaly, which historically originated in Europe and America that between May-October returns lower than the other periods from November to April. This research aims to determine the difference in abnormal return in the May-October (Worst period) period and November-April (Best period) in Indonesia and Malaysia Stock Exchange between 2017 to 2019. This test conducted using the company's stock price data samples listed on the LQ45 index in the Indonesia Stock Exchange and the FBMKLCI index in the Malaysia Stock Exchange period 2017 to 2019. Hypothesis testing using paired sample t-test to answer if there is a difference in return between the best period and the worst period, to prove the Sell's existence in May and Go Away. The results showed no difference returns between the best and worst periods in the Sell in May and Go Away phenomenon at the Indonesia and Malaysia Stock Exchange period 2017 to 2019. The Investor considers SMGA as not a phenomenon containing excellent or bad information that is capable of affecting the price movement of shares so that SMGA as a strategy to buy stocks in the best period and sell in the worst period is no longer relevant

scholarly journals PENGARUH EARNING PER SHARE (EPS) DAN PERTUMBUHAN PENJUALAN TERHADAP HARGA SAHAM PADA PERUSAHAAN FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Desi Nurul Hikmati Ilahiyah
Keyword(s):  
Capital Market ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Share Price ◽  
Pharmaceutical Companies ◽  
Sales Growth ◽  
Earnings Per Share

On investing in the capital market one thing that must be considered is the stock price. The price of shares offered on a stock exchange is related to the achievements of the company. The share price can be purchased by earnings per share (EPS) and sales growth. The purpose of this study was to study the effect of earnings per share (EPS) and sales growth on the stock prices of pharmaceutical companies listed on the Indonesian stock exchange (IDX). The population in this study were 11 pharmaceutical companies that were accepted on the Stock Exchange and sampled through purposive sampling techniques as many as 9 companies in the 2015-2019 period. This study uses multiple linear regression analysis. EPS partial research results positive and significant EPS on EPS stock prices EPS has tcount (54,435)> ttable (2,02439), on the other hand, partial sales growth, positive and significant effect on stock prices, economic growth, thitung sales value ( -3,525) table (-2.02439). Simultaneous EPS and positive and significant growth in stock prices due to the results obtained Fcount (1560,773)> Ftable (3.25).

scholarly journals The Determinan Kinerja Keuangan Perusahaan Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

2021 ◽  
Vol 4 (2) ◽  
pp. 455-463
Author(s):  
Jusmarni Amir
Keyword(s):  
Capital Structure ◽  
Capital Market ◽  
Stock Price ◽  
Stock Exchange ◽  
Regression Method ◽  
Financial Information ◽  
Share Price ◽  
Linear Regression Method ◽  
Multiple Linear Regression Method ◽  
Food And Beverage

Stocks are currently a popular investment product among investors. Stocks that are of interest to investors are stocks that have a high selling value because the stock price is a very important factor to pay attention to and indicators are used to measure the welfare of shareholders. The higher the share price, the higher the value of the company and vice versa. However, investing in stocks in the capital market is also filled with an element of uncertainty or risk, this is because investors do not know with certainty the results they will get from their investments. Company specific financial information is one of the important internal company factors that can influence investors to invest. The research aims to analyse the effect of Capital Structure, liquidity, and profitability on stock price. Samples used in this study are food and beverage companies listed in the Indonesian Stock Exchange during 2016-2018 periods. Multiple linear regression method used to anlyse the effect of DER,CAR,  and NPM on Stock Price. The results showed that DER and CAR have not significant effect on Stock Price. NPM have a significant effect on Stock Price. Keywords: Capital Structure, liquidity, Profitability, Stock Price

In Search of Stock Market Proxy to Calculate Systematic Risk (Beta) of Stocks in Indonesia Stock Exchange

2020 ◽  
Vol 29 (2) ◽  
pp. 80-88
Author(s):  
Mochammad Chabachib
Keyword(s):  
Stock Market ◽  
Real World ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
The Other ◽  
Stock Index ◽  
Market Return ◽  
Stock Market Return ◽  
Stock Index Returns

The calculation of beta stock in Indonesia is still debatable to this day. Though many researchers who have used sophisticated methods mathematically, the assumptions applied in developing the methods are impossible to happen in the real world, such as the ability of stock market return the day after (lead) affects the market return today. This study was conducted to assess the stock price index in Indonesia Stock Exchange that can be used as a proxy of stock market in Indonesia. The results of this study showed that there was a gap between beta stocks counted with JCI return as a market proxy with beta stocks counted with index returns of LQ-45, SRI-KEHATI, PEFINDO-25, BISNIS-27, IDX-30 and KOMPAS-100. This study has also found that the beta counted by using KOMPAS-100 return produced the smallest standard error of the estimate (SEE) that it was more applicable compared to the other stock index returns.

scholarly journals TIMELINESS LAPORAN KEUANGAN DI INDONESIA (STUDI EMPIRIS TERHADAP EMITEN BURSA EFEK JAKARTA)

2008 ◽  
Vol 8 (2) ◽  
pp. 97
Author(s):  
Michell Suharli ◽  
Sofyan S. Harahap
Keyword(s):  
Logistic Regression ◽  
Data Analysis ◽  
Capital Market ◽  
Stock Exchange ◽  
The Other ◽  
Financial Statement ◽  
Fine Scale ◽  
Accounting Firm ◽  
Big 4 ◽  
Independent Variable

<div class="Section1"><p class="Style1">This Research examines variables which are predicted influencing timeliness finandal statement in Indonesia. Factors that are predicted influencing timeliness in this research are focused on 4 factors: firm scale, profitability, big 4 worldwide accounting firm , and securities return . This research can examines financial statement of 30 companies are listed Jakarta Stock Exchange for period ended December31, 2002 until December31, 2003. Data is collected from Jakarta Stock Exchange and Indonesia Capital Market Directory 2004. In this research uses two variable that is dependent variable and independent variable. To find out influence independent variable to de­pendent variable used SPSS. Data analysis uses logistic regression and the result of this research that profitability  and big 4 worldwide accounting fin can give significant influence to timeliness, and while the other factors: fine scale and securities return do not.</p><p class="Style1">Keyword: Timeliness, firm scale, profitability, big 4 worldwide accounting fin , securities retum.</p></div>

scholarly journals BIAS BETA DAN MODEL KOREKSI

2007 ◽  
Vol 6 (1) ◽  
Author(s):  
Aulia Hanani ◽  
Endang Emawati
Keyword(s):  
Hypothesis Testing ◽  
Capital Market ◽  
Stock Exchange ◽  
Nonsynchronous Trading

The purpose of this study is to analyze the existence of bias in beta values in the Jakarta Stock Exchange (JSX) that is a developing capital market and have a significant number of stocks that illiquid. Therefore, the measurement of beta is likely bias. The existence of bias beta values is caused by nonsynchronous trading. This study replicates the previous study from Hartono and Surianto (2000). It uses 88 samples of listing firms in the JSX from January 1997 until March 2002. The hypothesis testing concludes that during the-interval period beta values in the JSX are bias. The bias of beta values can be corrected with Scholes-Williams model, Dimson model, and Fowler-Rorke model. The Fowler-Rorke model gives the best result to reduce the bias than others.

scholarly journals Kajian Dugaan Praktik Kartel PT Garuda Indonesia, Tbk Mempengaruhi Pergerakan Harga Saham di BEI

2021 ◽  
Vol 9 (4) ◽  
pp. 1592-1600
Author(s):  
In'am Widiarma ◽  
Nenny Syahrenny
Keyword(s):  
Capital Market ◽  
Stock Price ◽  
Stock Exchange ◽  
Air Transportation ◽  
High Price ◽  
The Public ◽  
The Republic ◽  
Owned Company ◽  
Almost All ◽  
Airline Tickets

ABSTRACT The purpose of this study was to determine the effect of the alleged cartel practices carried out by the airline PT Garuda Indonesia, Tbk, namely by the increasingly high price of airline tickets and how their impact on the stock price movement itself. This practice is not permitted in Indonesia and almost all countries in the world, but this becomes very dilemmatic in the current aviation business if the ticket price is not raised the company will bear substantial losses but on the other hand consumers are very disadvantaged and can sacrifice the country's economy if countries that depend heavily on air transportation such as Indonesia. Considering that PT Garuda Indonesia, Tbk is a state-owned company of the Republic of Indonesia which has been listed on the Indonesia Stock Exchange under the GIAA stock code, whether news of alleged cartel practices by GIAA could affect the public investors in the capital market in making a decision to make a selling or buying transaction on GIAA shares.Keywords: cartel practices, garuda indonesia, capital markets

scholarly journals ANALISIS PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PADA BANK DI BURSA EFEK INDONESIA

2014 ◽  
Vol 3 (1) ◽  
pp. 122
Author(s):  
Robert Lambey
Keyword(s):  
Capital Market ◽  
Random Sampling ◽  
Stock Price ◽  
Stock Exchange ◽  
Financial Statements ◽  
Analytical Tool ◽  
Coefficient Of Determination ◽  
Ratio Analysis ◽  
Financial Ratio ◽  
Financial Ratio Analysis

aruh analisis rasio  keuangan yaitu CR, ROA,DER,dan TATO terhadap Harga Saham pada bank. Dalam hal ini peneliti menggunakan data berupa laporan keuangan Bank yang tercatat di Bursa Efek Indonesia (BEI). Peneliti menggunakan sampel sebanyak 7 Bank yang dipilih secara purposive random sampling, yaitu perusahaan Bank yang terdaftar di BEI periode tahun 2008-2011. Data laporan keuangan yang digunakan adalah laporan keuangan yang telah dipublikasikan di dalam Indonesia Capital Market Directory (ICMD) 2013. Alat analisis yang digunakan adalah analisis regresi berganda, uji t, uji F dan koefisien determinasi yang diuji dengan uji asumsi klasik. Berdasarkan hasil analisis data dapat disimpulkan bahwa variabel ROA dan TATO mempunyai pengaruh yang signifikan terhadap Harga Saham. Kata Kunci: CR,ROA,DER, TATO, Harga Saham. ABSTRACTThe purpose of this study to know the effect of financial ratio analysis, namely CR, ROA, DER, and TATO to the stock price on the bank. In this case the researchers used the data in the form of financial statements of the Bank are listed on the Indonesia Stock Exchange (IDX). Researchers used a sample of 7 Banks are selected by purposive random sampling, the bank company listed on the Stock Exchange in the period 2008-2011. The data used financial statements are the financial statements that have been published in the Indonesian Capital Market Directory (ICMD) 2013. Analytical tool used is multiple regression analysis, t test, F test and coefficient of determination are tested with classical assumption test. Based on the analysis of data it can be concluded that the variables ROA and TATO has a significant effect on stock price. Keywords: CR, ROA, DER, TATO, Stock Price

scholarly journals THE EFFECT OF FINANCIAL PERFORMANCE ON STOCK PRICE AT PHARMACEUTICAL SUB-SECTOR COMPANY LISTED IN INDONESIA STOCK EXCHANGE

2017 ◽  
Vol 3 (2) ◽  
pp. 94-107
Author(s):  
Edhi Asmirantho ◽  
Oktiviani Kusumah Somantri
Keyword(s):  
Regression Analysis ◽  
Stock Price ◽  
Stock Exchange ◽  
Investment Decision ◽  
The Other ◽  
Current Ratio ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Inferential Statistic ◽  
Equity Ratio

This study aims to determine the effect of likuidity, solvency, activity, profitability and market with Current Ratio (CR), Debt to Equity Ratio (DER), Total Assets Turnover (TATO), Return on Equity (ROE), and Earnings per Share(EPS), as indicators, of the pharmaceutical company listed in Indonesia Stock Exchange during the period 2012-2016 to stock price. The type of research is explanatory survey verification and research technique used is inferential statistic. In addition the analytical method used in this research is regression analysis of panel data, namely, t test, F test, and classical assumption of normality, multicollinearity, heteroscedasticity and autocorrelation tests with E-Views 9. The results showed that in partial EPS significantly effects stock price, while CR, ROE, DER, and TATO had not significantly effect the stock price. Adjusted R square value was 0,5040 which showed that CR, DER, TATO, ROE, and EPS influenced the dependent variable by 50,40%, while the remaining 49,6% was influenced by other variables. It can be conluded that in sub sector pharmaceutical, investors were more concerned about the companys EPS instead of other variables. On the other hand, investors simultaneously concerned the CR, DER, TATO, ROE, and EPS in their investment decision and also other variables which were not included in this research.Keywords: Current Ratio, Debt to Equity Ratio, Total Assets Turnover, Return on Equity, Earning Per Share, Stock Price

scholarly journals Reaksi Pasar atas Pengumuman Dividen: Sebuah Tinjauan Ulang

Performance ◽  
2020 ◽  
Vol 27 (2) ◽  
pp. 23
Author(s):  
Fransisca Astuti Mutiara ◽  
Leo Indra Wardhana
Keyword(s):  
Event Study ◽  
Abnormal Return ◽  
Stock Exchange ◽  
Statistical Tests ◽  
T Test ◽  
The Other ◽  
Market Reactions ◽  
Dividend Payment ◽  
Event Study Method ◽  
Dividend Announcements

This study revisits the market reactions on the dividend payment events, cum-dividend date and payment date, using the event study method. The sample of this study includes all dividend announcements from 2017 to 2018 in the Indonesia Stock Exchange. This study performs various robust statistical tests proposed by Harrington and Shrider (2007), who point out that standard classical t-test is not enough to ensure abnormal return on an event because of the bias due to volatility caused by an event. Using various statistical tests for testing the abnormal return, this study shows that the market indeed reacts to the cum-dividend date and dividend payment date, as well as showing that the classical t-test showing the same conclusion as the other tests.    

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