scholarly journals Profitabilitas Sebagai Mediasi Struktur Modal dan Pertumbuhan Perusahaan Terhadap Return Saham Syariah

2021 ◽  
Vol 2 (02) ◽  
pp. 113-124
Author(s):  
Vina Marlisa ◽  
Suminar Suminar ◽  
Tunggu Ariana ◽  
Deska Lafairi Rera ◽  
Ratnasari
Keyword(s):  
Capital Structure ◽  
Stock Returns ◽  
Capital Market ◽  
Stock Price ◽  
Sampling Method ◽  
Structural Model ◽  
Research Data ◽  
Purposive Sampling ◽  
Price Indexes ◽  
Asset Growth

Pasar modal syariah memiliki peran penting pada sektor keuangan. Jakarta Islamic Index (JII) memiliki tingkatan kinerja lebih baik dibandingkan dengan indeks harga saham lainnya. Hal ini membuka peluang bagi investor untuk berinvestasi pada saham-saham syariah untuk meningkatkan return. Penelitian untuk menganalisis profitabiltias (ROE) sebagai mediasi pengaruh struktur modal (DER) dan tingkat pertumbuhan perusahaan (Growth) terhadap return saham syariah. Data dari empat belas perusahaan Jakarta Islamic Index (JII) selama periode tahun 2017-2019 dengan metode purposive sampling dianalisis menggunakan model struktural.  Profitabilitas memediasi struktur modal terhadap return saham dimana profitabilitas dipengaruhi secara positif oleh struktur modal dan mempengaruhi return saham secara negatif. Profitabilitas tidak sebagai pemediasi karena pertumbuhan aset tidak mempengaruhi laba perusahaan. The syariah capital market has an important role in the financial sector. The Jakarta Islamic Index (JII) which has a better level of performance compared to other stock price indexes. This opens up opportunities for investors to invest in Islamic stocks to increase returns. Research to analyze profitability (ROE) as mediation of the influence of capital structure (DER) and the growth rate of companies (Growth) on the return of Sharia stocks. The research data was obtained from fourteen companies listed on the Jakarta Islamic Index (JII) during the period 2017-2019 with the purposive sampling method analyzed using a structural model. Profitability mediates capital structure on stock returns where profitability is positively influenced by capital structure and negatively affects stock returns. Profitability is not a mediator because asset growth does not affect the company's profit.

Pengaruh Struktur Modal, Ukuran Perusahaan, Kebijakan Deviden Terhadap Harga Saham Trade, Service, & Investment di Indonesia

2020 ◽  
Vol 3 (1) ◽  
pp. 51
Author(s):  
Dwita Sakuntala ◽  
Sherly Ogestine ◽  
Ricky Joedani ◽  
Jimmy Kuo ◽  
Nove Rianto Sanjaya ◽  
...  
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Stock Price ◽  
Research Data ◽  
Regression Testing ◽  
Financial Ratio ◽  
Purposive Sampling ◽  
Testing Method ◽  
Investment Companies ◽  
A Company

Investment is carried out with the purpose of obtaining benefits. One of the investor benchmarks before invest their capital to a company is by monitoring its stock price. The objective of the research is to know the financial ratio indicated through a capital structure (DER), Firm size, dividend policy (DPR) towards the stock price. The researcher collects data by pulling documentation study sampling and purposive sampling to obtain 24 companies as research samples. In this research, data were analyzed using the Regression Testing method. The researcher found out that DER, Firm Size, DPR simultaneously affecting the stock price of Trade, Service & Investment companies from the year 2014 to 2018. Investors are expected to observe DER, Firm Size, DPR prior to investing. Investasi dilakukan dengan tujuan untuk memperoleh keuntungan sesuai dengan yang diharapkan. Salah satu hal yang menjadi tolak ukur bagi investor untuk menanamkan modalnya kepada suatu perusahaan adalah dengan melihat harga saham perusahaan tersebut. Berdasarkan hal tersebut, penelitian ini bertujuan untuk mengetahui rasio keuangan yang diwakili oleh struktur modal (DER), ukuran perusahaan (firm size), kebijakan dividen (DPR) terhadap harga saham. Teknik pengumpulan data menggunakan purposive sampling, dan di dapat sebanyak 24 sampel perusahaan dari 133 populasi perusahaan sector Trade, Service & Investment yang terdaftar di Bursa Efek Indonesia (BEI) periode 2014-2018. Model analisis mengunakan regresi linier berganda. Hasil penelitian menunjukkan bahwa secara simultan DER, Firm size, DPR berpengaruh terhadap harga saham pada perusahaan Trade, Service & Investment 2014-2018. Bagi investor di harapkan memperhatikan DER, Firm Size, DPR sebelum berinvestasi.

scholarly journals ANALISIS PENGARUH PENGUMUMAN STOCK BUYBACK TERHADAP HARGA SAHAM DAN RETURN SAHAM PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2011-2016

2019 ◽  
Vol 13 (2) ◽  
pp. 105
Author(s):  
Ainul Husna Hasibuan ◽  
Syahrizal Chalil
Keyword(s):  
Stock Returns ◽  
Event Study ◽  
Stock Prices ◽  
Stock Price ◽  
Quantitative Research ◽  
Sampling Method ◽  
Stock Exchange ◽  
Purposive Sampling ◽  
Study Approach ◽  
Stock Buyback

AbstrakPenelitian ini berupa penelitian deskriptif kuantitatif dengan pendekatan event study. Populasi dari penelitian ini adalah seluruh perusahaan yang terdaftar di Bursa Efek Indonesia yang melakukan stock buyback tahun 2011-2016. Sampel yang digunakan sebanyak 66 perusahaan yang terdaftar di BEI yang diambil dengan menggunakan metode purposive sampling. Hasil penelitian menunjukkan harga saham dan return saham sebelum pengumuman stock buyback lebih rendah dari sesudah pengumuman stock buyback. Hal tersebut menunjukkan bahwa informasi pengumuman stock buyback direspon secara positif oleh investor. Dengan demikian, dapat disimpulkan bahwa pengumuman stock buyback berpengaruh terhadap harga saham dan return saham perusahaan yang terdaftar di Bursa Efek Indonesia 2011-2016. Kata Kunci : Stock Buyback, Harga Saham, Return Saham AbstractThis research is descriptive quantitative research with the event study approach. The population of this study are all companies listed in Indonesia Stock Exchange that the stock-buyback year 2011-2016. The samples used were 66 companies listed on the Stock Exchange are taken by using purposive sampling method. The results showed stock prices and stock returns before the announcement of a stock buyback is lower than after the announcement of a stock buyback. It shows that the stock buyback announcement information responded positively by investors. Thus, it can be concluded that the announcement of a stock buyback effect on stock prices and stock returns of companies listed on the Indonesia Stock Exchange 2011-2016. Keyword : Stock Buyback, Stock Price, Stock Return

scholarly journals Struktur Modal dalam Memediasi Pengaruh Profitabilitas, Struktur Aktiva dan Pertumbuhan Penjualan terhadap Harga Saham

2019 ◽  
Author(s):  
Indah Yunita ◽  
Riri Mayliza
Keyword(s):  
Capital Structure ◽  
Significant Influence ◽  
Stock Price ◽  
Sampling Method ◽  
Stock Exchange ◽  
Financial Statement ◽  
Sales Growth ◽  
Sample Collection ◽  
Purposive Sampling

This research is meant to test the influence of profitability, assets structure, and sales growth to the stock price with capital structure as variable intervening on company manufacture in Indonesia stock exchange. The population is 50 company manufacture in sector miscellaneous industry in Indonesia stock exchange. The sample collection technique has been done by using purposive sampling method. The data has been done by using the financial statement in 2013-2017 which is processed by using the software spss 16.0, the result of the classic assumption test. The results of this study indicate that profitability has a negative and significant effect on capital structure, assets structure has positive and significant influence, sales growth has a positive and significant effect, capital structure has a positive and significant effect.

scholarly journals Factors Affecting the Lut Desert Tourism in Iran: Developing an Interpretive-Structural Model

2021 ◽  
Vol 13 (13) ◽  
pp. 7245
Author(s):  
Beniamino Murgante ◽  
Mohammad Eskandari Sani ◽  
Sara Pishgahi ◽  
Moslem Zarghamfard ◽  
Fatemeh Kahaki
Keyword(s):  
Sampling Method ◽  
Structural Model ◽  
Tourism Development ◽  
Cost Effective ◽  
Structural Modeling ◽  
Interpretive Structural Modeling ◽  
Factors Affecting ◽  
Purposive Sampling ◽  
Interpretive Structural Model ◽  
Lut Desert

The Lut desert is one of the largest and most attractive deserts in Iran. The value of desert tourism remains unclear for Iran’s economy and has only recently been taken into consideration by the authorities, although its true national and international value remains unclear. This study was aimed at investigating the factors that influence tourism development in the Lut desert. Data collected through the purposive sampling method was analyzed using Interpretive Structural Modeling and the MICMAC Analysis. According to the results, cost-effective travel expenses, security, and safety provided in the desert, together with appropriate media advertising and illustration of the Lut desert (branding) are the leading factors that influence tourism in the Lut desert in Iran. This paper highlighted the importance of desert tourism, especially in this region.

Perbandingan harga saham, volume transaksi dan return saham sebelum dan sesudah terjadi pandemi covid-19 pada PT Agung Podomoro Land, Tbk

2021 ◽  
Vol 5 (4) ◽  
pp. 720
Author(s):  
Anggun Putri Romadhina ◽  
Eka Kusuma Dewi
Keyword(s):  
Stock Returns ◽  
Stock Prices ◽  
Stock Price ◽  
Research Data ◽  
Paired Sample ◽  
First Case ◽  
Significant Difference ◽  
Before And After ◽  
Stock Transaction

The first Covid-19 case in Indonesia was announced on March 2, 2020. This study aims to determine whether there is a significant difference in stock prices, stock transaction volume and stock returns due to the COVID-19 pandemic (case study at PT. Agung Podomoro Land, Tbk). This research data was taken 90 days before and 90 days after the announcement of the first case of COVID-19 in Indonesia. The data was processed by paired sample t-test, using SPSS version 20. From the results of data processing, it was shown that there was a significant difference in stock prices before and after the announcement of the first case of covid-19 in Indonesia. This is indicated by a significance value of 0.000 < 0.05 where the stock price has decreased compared to before the Covid-19 case. Meanwhile, the volume of stock transactions also showed a significant difference with a significance value of 0.007 <0.05, where the volume of stock transactions after the announcement showed a decrease. Likewise, stock returns show a significant difference with a significance value of 0.025 < 0.05 where stock returns have decreased after the announcement of the first case of covid-10 in Indonesia.  

scholarly journals PENGARUH STRUKTUR MODAL, UKURAN PERUSAHAAN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN OTOMOTIF YANG TERDAFTAR DI BEI PERIODE 2012 -2016

2019 ◽  
Author(s):  
Rahima Yahdi ◽  
Aminar Sutra Dewi
Keyword(s):  
Linear Regression ◽  
Capital Structure ◽  
Multiple Linear Regression ◽  
Significant Influence ◽  
Sampling Method ◽  
Company Size ◽  
Purposive Sampling ◽  
Company Value ◽  
The Capital Structure

Automotive companies suffered a loss due to a decrease in sales caused by high taxes and the proliferation of manufacturing components.The purpose of this study is to determine the effect of capital structure on value of company, Company size on value of company and profitability on value of company of IDX period 2012-2016, with 6 companies using purposive sampling method. Method of analysis used was multiple linear regression analysis.The result of the research shows that the capital structure do not have positive and significant influence to company value, and company size do not have positive and significant influence to company value while profitability has an effect on company value. This shows that high profitability influences company value in the eyes of investors.

scholarly journals The Influence of Capital Structure, Asset Growth, and Total Asset Turnover Against Return on Equity in Construction and Building Companies Listed in Bei 2016-2019

2021 ◽  
Vol 20 (3) ◽  
pp. 130-136
Author(s):  
Ayu Wulandari Narhendra
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Regression Coefficient ◽  
Total Asset ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Sample Technique ◽  
Asset Turnover ◽  
Asset Growth ◽  
The Capital Structure

This study aims to determine the effect simultaneously and partially of capital structure, asset growth and TATO on Return on Equity.Data analysis used multiple linier regression analysis with SPSS application. Population in this research is the company of construction and building listed on BEI from 2016-2019.  The research sample technique used purposive sampling with the results of 9 companies and 36 samples. The results showed partially, the regression coefficient value of the capital structure was 2.515 with a significance value of 0.017, so the capital structure had a significant effect on Return on Equity. And the TATO regression coefficientvalue is 3,479 with a significance value of 0.001. Then TATO has a significant effect on Return on Equity, while the regression coefficient value of Asset Growth is -0.459 with a significance value of 0.649. SoAsset Growth has no significant effect on Return on Equity. For the research results simultaneously the significance value is 0.008, which means that Capital Structure, Asset Growth and TATO have an influence on Return on Equity.  

scholarly journals ANALISIS PERGERAKAN SAHAM PERUSAHAAN SUB SEKTOR FARMASI MENGGUNAKAN INDIKATOR BOLLINGER BAND DI TENGAH PANDEMI COVID-19

2020 ◽  
Vol 3 (2) ◽  
pp. 77-88
Author(s):  
Intan Elita ◽  
K. Bagus Wardianto ◽  
M. Iqbal Harori
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Sampling Method ◽  
Sample Selection ◽  
T Test ◽  
Analysis Tool ◽  
Selection Technique ◽  
Purposive Sampling ◽  
Analysis Technique ◽  
Significant Difference

This study aims to measure the accuracy of technical analysis using the Bollinger Band indicator in predicting stock prices in the middle of pandemic covid-19. The concept in this study is to compare daily stock price predictions according to technical indicators with the closing prices that occured on that day. Sample selection technique used in this research used a purposive sampling method and obtained 9 pharmaceutical sub-sector companies listed on the IDX from February to April 2020. The type of data used is a chart of the company's daily stock price movements obtained from finance.yahoo.com. The data analysis technique used was the paired sample t-test and used the SPSS 26 analysis tool. The results of this study indicate that the Bollinger indicator does not have a significant difference. ABSTRAK Penelitian ini bertujuan untuk mengukur keakuratan analisis teknikal dengan indikator Bollinger Band dalam memprediksi harga saham pada masa pandemi Covid-19. Konsep pada penelitian ini adalah membandingkan prediksi harga saham harian menurut indikator teknikal dengan harga penutupan yang terjadi pada hari tersebut. Teknik pengambilan sampel dalam penelitian ini menggunakan metode purposive sampling dan diperoleh sebanyak 9 perusahaan sub sektor farmasi yang terdaftar di BEI selama Februari hingga April 2020. Jenis data yang digunakan yaitu berupa grafik pergerakan harga saham harian perusahaan yang diperoleh dari finance.yahoo.com. Teknik analisis data yang digunakan adalah uji independent sample t-test dan menggunakan alat analisis program SPSS 26. Hasil penelitian ini menunjukkan bahwa indikator Bollinger tidak memiliki perbedaan yang signifikan.

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

scholarly journals Pengaruh Struktur Modal, Profitabilitas, dan Struktur Aktiva terhadap Harga Saham

2019 ◽  
Vol 1 (1) ◽  
pp. 47-60
Author(s):  
Sellytyanengsih E. Churcill ◽  
Kenny Ardillah
Keyword(s):  
Data Analysis ◽  
Capital Structure ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Positive Influence ◽  
Financial Statement ◽  
Purposive Sampling ◽  
Manufacture Company ◽  
Significant Positive Influence

The purpose of this research is to examine the influence of profitability, capital structure, and asset structure positively to the stock price on manufacture companies which are listed in Indonesia Stock Exchange (IDX). The research samples have been selected by using purposive sampling technique to the 62 manufacture companies have been published the financial statement and active stocks which have been traded at Indonesia Stock Exchange (IDX) in 2014 – 2016 periods with the amount of 186 data which have yet to be the research sample criteria.The data analysis has been carried out by using multiple linier regressions analysis. The results of the study found out that capital structure has a positive influence on stock price means that the high capital structure influences shareholder decisions in increasing stock price. Profitability has a significant positive influence on stock price means that every increase in the profitability of a food and beverages company, it causes the stock price will increase. And asset structure have a positive influence on stock price means to indicate that every increase in asset structure of manufacture company, it causes that stock price will increase.

Sign in / Sign up

Export Citation Format

Share Document