scholarly journals PENGARUH KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN PADA SEKTOR PERKEBUNAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2011-2014

2017 ◽  
Vol 1 (1) ◽  
pp. 136
Author(s):  
Sindi Dwiroro Pangestu ◽  
Yunan Surono

The research was done in the agricultural sector listed on the indonesian stock period 2011-2014 .The agricultural sector is a company that their activities trying to establish a certain plants on land or media all other plants .The agricultural sector listed on the efek indonesia which is there are 16 company where who was elected to the sample is purposive sampling , then become a sample in this research was as much as 4 companies are as follows: PT. Astra Argo Lestari Tbk, PT. Jaya Agra Wattie Tbk, PT. PP London Sumatra Indonesia Tbk, and PT. Salim Ivomas Pratama Tbk. The methodology be done in descriptive analysis and use the regression analysis multiple linear using spss 22 and statistic asumsition clasic test. The done is the hypothesis F test and the t test. and know to determine how much the determination (R2). Based on the results of this research suggests that in simultan between Return On Assets (ROA), Debt Asset Ratio (DAR) and Dividends Payout Ratio (DPR) significant Price Book Value (PBV) because f test larger than f tabel of 18,190 >  3,49 and the standard significant numbers (sig) of 0,000 < 0,05 so that it can be said to exist a positive influence .While in partial only Dividend Payout Ratio (DPR) that influence the Price Book Value (PBV) because t test greater than t table of 2,798 > 2,179. The value of the determination (R2) of 82% influenced by Return On Assets (ROA), Debt Asset Ratio (DAR), and Devidend Payout Ratio (DPR) the dominant significant Price Book Value (PBV) of 18% influenced by other factor. And only Dividend Payout Ratio (DPR) a variable dominant significant Price Book Value (PBV) as much as 2,798 >2,179. So Ho been denied and Ha accepted, it means have had a positive impact significantly on variables Price Book Value (PBV) in the agricultural sector listed on the efek indonesia the period 2011 -2014.Keywords: an investment decision , the funding , dividend policy , and value of enterprise.

2020 ◽  
Vol 5 (1) ◽  
pp. 12
Author(s):  
Dian Efriyenty

This study aims to examine the effect of short-term debt and firm size on profitability at PT Widjaya Djaya Indah, located in Batam City. This research uses quantitative methods. The data collection technique in this study used a saturated sample technique, namely using the entire data obtained. The data analysis method used is descriptive analysis, classic assumption test which includes normality test, multicolonierity test, heterocedastity test and autocorrelation test, hypothesis test which includes t test, f test, determination coefficient test and multiple linear regression. The sample used is 60 financial statement data from PT Widjaya Djaya Indah and the research objects used are the current ratio (X1), company size (X2), and return on assets (Y). The data in this study were processed using SPSS version 21. The results of the F test processing in this study indicate that simultaneously there is a positive and significant effect between the current ratio and company size on return on assets at PT Widjaya Djaya Indah. And the t test results show that the current ratio has a positive and significant effect on return on assets while company size has a negative and significant effect on return on assets.


2020 ◽  
Vol 4 (02) ◽  
Author(s):  
Pingkan Saraswati

Profitabilitya has significance for theecompany because it is one of the bases for evaluating the condition of a company. The level off profitability describes the ecompany's performance as seen from the company's ability to generate profits. Profitability in this study is calculated by return on assets (ROA) because it can show how the company's performance is nseenn from the overall use of assets owned by the company in generating profits. Thissstudyyaims to examine the leverage, liquidity, and size off thee company yaffect the eprofitability. The ssampling ttechniqueu used in this study wass purposivee samplingg, which issaa sample technique ethat uses certain ncriteria.. There earee16 companies ethat are sampled in this sstudy.mThe nanalysiss techniquee usedd is multiplee linearr regressionn using SPSS version 22. Multiplee linear regression analysis susess the eclassicc assumption ntest, nincluding mthe nnormality ntest, multicollonityy test,,heteroscedasticityytest,, and dautocorrelationn test.m Tootestttheevariablessused theecoefficient of determination test, t-test, f-test. The results of this study indicate that there is no significant effect on the variable leverage on profitability. Liquidity hass a positivee effectt onn profitability. There eis snoo significantt effectt off thee Company Size variablee on nthee profitability variable..


2017 ◽  
Vol 6 (2) ◽  
pp. 255-270
Author(s):  
Puti Aulia M

Penelitian ini berjudul “Pengaruh Rasio Profitabilitas terhadap Harga Saham di JII (Studi Kasus pada PT. Indofood CBP Sukses Makmur, TBK Periode 2011-2015)”. Tujuan penelitian ini adalah untuk mengetahui pengaruh pengaruh Return On Asset (ROA) dan Return On Equity (ROE) secara parsial terhadap harga saham di JII (studi kasus pada PT. Indofood CBP Sukses Makmur, Tbk Periode 2011-2015) dan untuk mengetahui pengaruhReturn On Asset (ROA) dan Return On Equity (ROE) secara simultan terhadap harga saham di JII (studi kasus pada PT. Indofood CBP Sukses Makmur, Tbk periode 2011-2015). Penelitian ini merupakan penelitian kausal, penelitian kausal merupakan bentuk penelitian yang sifatnya sebab-akibat, artinya keadaan satu variabel disebabkan atau ditentukan oleh keadaan satu atau lebih variabel lain. Penelitian kausal akan menghasilkan data dalam bentuk angka sehingga data dianalisis dengan pendekatan kuantitatif. Hasil penelitian menunjukan bahwa variabel-variabel independen ROA dan ROE secara simultan mempengaruhi variabel dependen yaitu harga saham di Jakarta Islamic Index (JII). Hal ini ditunjukkan bahwa nilai F test (Fhitung) sebesar 17,946 dengan signifikan 0,000 atau Fhitung > Ftabel (17,946 > 3,59). Variabel-variabel independen ROA dan ROE secara parsial masing-masing mempunyai pengaruh sebagai berikut: Return On Assets (ROA) memberikan pengaruh positif terhadapa harga saham dalam Jakarta Islamic Index (JII)yang ditunjukkan dengan nilai t test (thitung) sebesar -5,989 dengan tingkat signifikan sebesar 0,000 (dibawah 0,05) atau thitung  < ttabel ( -5,989 < -2,10092) dan Return On Equity (ROE) memberikan pengaruh positif terhadap harga saham dalam Jakarta Islamic Index (JII) yang ditunjukkan oleh nilai t test (thitung) sebesar 5,867 dengan tingkat signifikansi sebesar 0,000 (di bawah 0,05) atau thitung> t tabel  (5,867 > 2,10092).


Author(s):  
Bunga Indah Bayunitri ◽  
Fitri Nuraeni ◽  
Nenden Desi

Objective - The study aims to explore the effect of digital Word of Mouth (WOM) marketing on customer purchase decision. Methodology/Technique - Types of research are a descriptive analysis and causal also measuring a conclusion by using a regression analysis and for hypothesis testing using t-test and F-test. Findings – The results of this research indicated that digital word of mouth marketing is effective and also has a influenced on customer purchase decision. The results show that digital word of mouth marketing included in the criteria of "Effective", this means that customer respondents had a positive view about digital word of mouth marketing at Dusun Bambu by using these indicators: Talking, Promoting, and Selling. Novelty - It is suggested that the company can increase the quantity of purchases in one transaction by cooperating with local tour and travel agents in order to raise the number of visitors. Type of Paper - Empirical Keywords: Digital Word of Mouth; Dusun Bambu; Marketing; Purchase Decision; Tourism. JEL Classification: M31, M37.


Author(s):  
Imas Della Fauzi ◽  
Rukmini Rukmini

This study aims to examine whether there is a significant effect of the company's financial performance as measured by the ratio of profitability with Return on Assets (ROA), Return On Equity (ROE), Return On Investment (ROI) and Net Profit Margin (NPM) to Dividend Payout Ratio (DPR). The data collected is obtained from the financial statements of manufacturing companies listed on the Indonesia Stock Exchange period 2013-2015. The analysis used to know how big the influence of ROA, ROE, ROI NPM to DPR company, writer do statistical analysis done by using descriptive analysis, doubled linear regression, correlation coefficient and coefficient of determination. While testing the hypothesis using F test for simultaneous test and t test partially, using SPSS 16. Based on the results of data processing, obtained regression equation Y = 31.225 + 1.209 X₁ - 0.106 X₂ + 0.505 X₃ - 0.708 X₄ + ε, analysis results Statistics simultaneously obtained the value of determination coefficient of 28.3%. While the rest equal to 71.7% influenced by other factors. Based on hypothesis test by using significant level α = 0,05 result of F test, show that together regression model can be used to explain the relation between Return on Asset, Return On Equity, Return On Investment and Net Profit Margin to Dividend Payout Ratio. Keywords: Return on Assets, Return on Equity, Return On Investment and Net Profit Margin, Dividend Payout Ratio


2018 ◽  
Vol 1 (2) ◽  
pp. 12
Author(s):  
Triana Zuhrotun Aulia

Price to Book Value (PBV) is the ratio of the market value of equity to the book value of equity. PBV is the level of ability to create a company's value relative to the amount of capital invested. This study will analyze both simultaneous and partial effect of return on assets, debt to equity ratio, price earning ratio and firm-size to price book value. Companies classified in LQ-45 selected as the population used in this study are listed on the Stock Exchange 2012-2016 period. Purposive sampling is used to get the sample in this research using criterias and 18 companies or 72 firm-years are the samples. Analysis tool in this research using spss 23.0. This research is using multiple linear regression. Based on the results of the partial test (t test) on the real level (α) = 5% can be seen that the variabel return on assets, debt to equity ratio and price earning ratio have a significant and positive impact on price book value, meanwhile firm-size have no significant effect on price book value. Keywords :   Firm value, Price Book Value, Return on Asset, Debt to Equity Ratio, Price Earning Ratio, Firm-size. 


2017 ◽  
Vol 1 (1) ◽  
Author(s):  
Citra Mariana

Penelitian ini bertujuan mengungkapkan pengaruh kinerja keuangan dan kebijakan dividen terhadap harga saham pada sektor property dan real estate di Bursa Efek Indonesia tahun 2013. Sampel dalam penelitian ini sebanyak 43 perusahaan. Analisis data dilakukan dua tahap. Pertama menggunakan paired sample t-test dan kedua analisis regresi linier berganda. Bersadarkan hasil analisis paired sample t-test ditemukan bahwa tidak terdapat perubahan signifikan terhadap harga saham yang terjadi pada periode sebelum publikasi, tanggal publikasi dan periode sesudah publikasi. Selanjutnya berdasarkan hasil analisis regresi linier berganda ditemukan bahwa price earnings ratio, price book value, earnings per share berpengaruh positif terhadap harga saham. Return on assets berpengaruh negatif terhadap harga saham. Debt to equity ratio, net profit margin dan kebijakan dividen tidak berpengaruh terhadap harga saham.


2015 ◽  
Vol 6 (3) ◽  
pp. 431
Author(s):  
Mulyono Mulyono

The research objectives to examine the magnitude of the significant influence between financial ratios and the market based ratio toward the stock price of manufacturing industry sector in Indonesia Stock Exchange (IDX). In accordance IDX data by December 2013, the number of companies, included in the stock of the manufacturing industry sector, is 139 companies. Based on the analysis, it is concluded that the variable return on assets (ROA) and price to book value (PBV) has positive influence on stock prices. It can be interpreted that the higher the return on assets ratio and price to book value, the more positive influence on the increase of the stock price. The variable debt to equity ratio (DER) and price earnings ratio (PER) has negatively influence the stock price on the stock of manufacturing industry sector. This can be interpreted the higher the value of the debt to equity ratio and price earnings ratio, the more negatively influence on the decrease stock price.


2019 ◽  
Vol 4 (2) ◽  
pp. 70-81
Author(s):  
Pipit Ayu Kurniasih ◽  
Yansen Siahaan ◽  
Elly Susanti ◽  
Supitriyani Supitriyani

AbstrakTujuan dari penelitian ini adalah untuk mengetahui gambaran struktur modal, profitabilitas, kebijakan dividen dan nilai perusahaan serta pengaruh struktur modal, profitabilitas dan kebijakan dividen terhadap nilai perusahaan secara simultan maupun parsial pada Perusahaan Sub Sektor Otomotif dan Komponen yang Terdaftar di Bursa Efek Indonesia. Penelitian ini dilakukan dengan metode analisis deskriptif kualitatif dan analisis deskriptif kuantitatif. Objek penelitian ini adalah Sub Sektor Otomotif dan Komponen yang terdaftar di Bursa Efek Indonesia. Pengumpulan data digunakan metode dokumentasi. Teknik analisis yang digunakan adalah regresi linier berganda, koefisien korelasi, koefisien determinasi, uji F, uji t. Analisis data dengan menggunakan bantuan program SPSS versi 21.            Hasil penelitian dapat disimpulkan sebagai berikut: 1. Hasil pengujian diperoleh nilai rata-rata struktur modal dan profitabilitas mengalami fluktuasi dan cenderung menurunan. 2. Nilai rata-rata profitabilitas berfluktuasi dan cenderung  menurun. 3. Nilai rata-rata kebijakan dividen berfluktuasi dan cenderung  meningkat. 4. Nilai rata-rata nilai perusahaan pada berfluktuasi dan cenderung stabil. 5. Hasil regresi linier berganda diperoleh struktur modal berpengaruh negatif sedangkan profitabilitas dan kebijakan dividen berpengaruh positif terhadap nilai perusahaan. 6. Hasil pengujian koefisien korelasi dan determinasi terdapat korelasi yang sangat kuat antara nilai perusahaan dengan struktur modal, profitabilitas dan kebijakan dividen dan sisanya dipengaruhi oleh faktor lainnya. 7. Berdasarkan uji F, struktur modal, profitabilitas dan kebijakan dividen berpengaruh signifikan terhadap nilai perusahaan. Hasil uji t, struktur modal berpengaruh tidak signifikan sedangkan profitabilitas dan kebijakan dividen berpengaruh signifikan terhadap nilai perusahaan.Hasil penelitian menyarankan perusahaan sebaiknya meningkatkan penggunaan struktur modal yang optimal serta meningkatkan penjualan agar memperoleh laba yang maksimal serta dapat membagikan dividen yang cukup tinggi kepada para investor dan harga saham dapat meningkat.Kata Kunci: Struktur Modal, Profitabilitas, Kebijakan Dividen dan Nilai perusahaan AbstractThe purpose of this study are to know the description of capital structure, profitability, dividend policy and firm value and to determine the effect of capital structure, profitability, dividend policy on the value of the company in Sub Sector automotive and components listed on the Indonesia Stock Exchange either simultaneously or partially.This research was conducted by qualitative descriptive analysis method and quantitative descriptive analysis. The object of this study is the automotive and components Sub Sector listed on the stock exchange Indonesia. Data collection used documentation method. Analytical techniques used are multiple linear regression, correlation coefficient, coefficient of determination, F test, t test. Data analysis using SPSS version 21.The result of the research can be summarized as follows: 1. The test results obtained the average value of capital structure fluctuate and tend to decrease. 2. The average value of profitability fluctuates and tends to decrease. 3. The average value of dividend policy fluctuates and tends to increase. 4. The average value of the company's value fluctuates and tends to be stable. 5. The results of multiple linear regression obtained the capital structure have a negative effect while profitability and dividend policy have a positive effect on firm value. 6. The results of testing the correlation and determination coefficients have a very strong correlation between firm value and capital structure, profitability and dividend policy and the rest is influenced by other factors. 7. Based on the F test, capital structure, profitability and dividend policy have a significant effect on company value. The results of the t test, the capital structure has no significant effect while profitability and dividend policy have a significant effect on the value of the companyThe results of the research suggest that companies should increase the optimal use of capital structure and increase sales in order to obtain maximum profits and can distribute dividends that are quite high to investors and stock prices can increase.Keywords: Capital Structure, Profitability, Dividend Policy and FirmValue


2018 ◽  
Vol 6 (2) ◽  
pp. 102
Author(s):  
Ardhi Wahyu Saputra ◽  
Dinalestari P.

Tranport equipment is badly needed in this era of fast-paced as it is, particularly cars. Competition in the automotive world is so tight. Therefore, businesses are required to be able to increase sales in order to survive in the business worlds. Specifically, this research was discuss about automobile buying of Isuzu Panther brand at PT Astra Isuzu Semarang during 2012-2015 keep have sale descending. If that case wasn’t improve and solve, probably will presense problem for PT. Astra Isuzu Semarang next.Aim of this research was to found brand image and product quality concerning automobile buying decision of Isuzu Panther Semarang. This research type was explanatory, with data collection technique by questionaire. The population in this research is consemers who use and bought Isuzu Panther automobile on PT Astra Isuzu Semarang with the number of samples taken was 72 respondents. Sampling using purposive sampling technique. Measurement scale using Likert scale. The analytical method used is the determination, simple linear regression, multiple liniear regression, t-test, and F-test using SPSS program version 16.Based on the results of the research, revealed that the partially, brand image and product quality has positive influence on the purchasing decision which is indicated by result of the value of t test bigger than t table. Significantly, variable brand image and product quality has positive influence towards purchasing decision indicated by value of F test larger than F table.And the advice that can be given is keeping a good image with a way keep it always communicate with consumers and customers. Besides continuing and improving product quality as well as improving its shortcomings, adding interior and exterior facilities and applying innovation to its products so as not to have the impression of monotonous and outdat


Sign in / Sign up

Export Citation Format

Share Document