scholarly journals ANALISIS LIKUIDITAS, SOLVABILITAS DAN KEBIJAKAN DIVIDEN DAPAT MENINGKATKAN NILAI PERUSAHAAN PADA PT KEBELINDO MURNI,Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 7 (1) ◽  
pp. 64-71
Author(s):  
Demak Aldi Pardede ◽  
Jubi Jubi ◽  
Ady Inrawan ◽  
Juan Anastasia Putri
Keyword(s):  
Stock Prices ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Working Capital ◽  
Analysis Techniques ◽  
Average Value ◽  
Company Value ◽  
Qualitative Descriptive

The purpose of this study are: 1. To find out an overview of liquidity, solvency, dividend policy and company value in PT Kabelindo Murni, Tbk, which is listed on the Indonesia Stock Exchange. 2. To find out what factors cause company value in PT Kabelindo Murni, Tbk to increase.               The author's research was conducted using qualitative descriptive analysis techniques, comparative analysis techniques and inductive analysis techniques. The type of data in the study are qualitative data and quantitative data. The data source used is secondary data. Data collection in research is documentation techniques.               The results of this study concluded 1. The average value of liquidity with the parameter Current Ratio (CR) fluctuates and tends to increase, but the increase in current assets was followed by an analysis with a decrease in the value of current liabilities. 2. The average solvency value with the parameters Debt to Asset Ratio (DAR) fluctuates and tends to decrease, this is due to a decrease in debt which is higher than the decrease in the total assets of the company. 3. Dividend Policy (DPR) experienced fluctuations and tended to increase. This was caused by an increase in dividends per share while there was a decrease in earnings per share. 4. The company value with PBV parameters fluctuates and tends to increase, this is due to an increase in stock prices higher than the increase in book value per share.               Suggestions for this research are: It is better for companies to add working capital by making long-term debt to buy inventory that can increase sales, it is best for companies to increase sales and reduce operating expenses so that profits can increase and increasing profits can increase EPS so that the DPR can be controlled, it is best for companies to increase profits by increasing sales and streamlining operating expenses. Increasing profit can be used as working capital of the company. Keywords : Liquidity Analysis, Solvability, Dividend Policy and  Company Value

scholarly journals ANALISIS LEVERAGE DAN AKTIVITAS DALAM MENGENDALIKAN PROFITABILITAS PADA PT ASTRA OTOPARTS, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 5 (1) ◽  
pp. 20-25
Author(s):  
Deby Rizki Amanda Lubis ◽  
Jubi Jubi ◽  
Ady Inrawan ◽  
Ernest Grace
Keyword(s):  
Inventory Management ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Financial Statements ◽  
The Other ◽  
Working Capital ◽  
Return On Assets ◽  
Accounts Receivable ◽  
Qualitative Descriptive

The purpose of this research to know: 1.  The description of leverage, activity and profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange. 2. What factors are cause profitability at PT Astra Otoparts, Tbk which are listed on the Indonesia Stock Exchange tend to decline.   This research was conducted using Qualitative Descriptive Analysis and Inductive Analysis. This research was conducted based on secondary data from company financial statements obtained from the Indonesia Stock Exchange.        The results of the study can be concluded that: 1. Leverage as measured by Debt to Assets Ratio (DAR) fluctuates and tends to increase. 2. Activities measured by Working Capital Turnover (WCT) fluctuate and tend to increase. 3. Profitability as measured by fluctuating Return On Assets (ROA) tends to decrease. 4. Factors that cause decreased profitability are increased business debt, increased inventory and increased cost of goods sold so that the resulting profit decreases.            The results of the study suggest: 1. It is best if the company needs to review the use of corporate debt in financing its activities by carrying out control of accounts receivable and strict supervision and evaluation periodically, so that the risk of such debts can be minimized. 2. It is better for the company to pay more attention to the management of supplies effectively and efficiently so as to produce increased sales. Effective inventory management also needs to pay attention to inventory storage so as not to overload, both obsolete inventory and unsold inventory. 3. It is better for the company to pay more attention to using its assets to generate high sales accompanied by an increase in profit after tax owned by the company to produce good profits. On the other hand the company must also consider the level of operating expenses so as not to over-pressure profits. Keywords: Leverage, Activity, and Profitability

scholarly journals INFLUENCE OF COMPANY VALUE INFORMATION, DIVIDEND POLICY, AND CAPITAL STRUCTURE ON STOCK PRICE

2020 ◽  
Vol 5 (2) ◽  
pp. 152
Author(s):  
Rita Syofyan ◽  
Defriko Gusma Putra ◽  
Riyadi Aprayuda
Keyword(s):  
Capital Structure ◽  
Stock Prices ◽  
Stock Price ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Manufacturing Companies ◽  
Company Value ◽  
Negative Effect

This study aims to examine: 1) The effect of company value information in this case the price book value (PBV) on stock prices, 2) The effect of dividend policy in this case the dividend payout ratio (DPR) on stock prices, 3) The effect of capital structure in terms of This is a debt to equity ratio (DER) to stock prices. This type of research is classified as research that is causative. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange in 2008 to 2010. The sample selection is by purposive sampling method. The data used in this study include secondary data. Data collection techniques with documentation techniques. The analysis used is multiple linear regression. The results showed that: 1) Company value had no effect on stock prices, where the significance value was 0.031 <0.05 and the value of t count> t table was 2.214> 1.995 but the negative β value was -0.028 (H1 was rejected). 2) Dividend policy has a significant positive effect on stock prices, where the significance value is 0.034 <0.05 and the value of t arithmetic> t table is 2.171> 1.995 and a positive β value of 0.032 (H2 is accepted). 3) Capital structure has a significant negative effect on stock prices, where the significance value is 0.006 <0.05 and the value of t arithmetic> t table is 2.861> 1.995 and the negative β value is -0.040 (H3 accepted).

Pengaruh keputusan investasi, keputusan pendanaan, dan kebijakan dividen terhadap nilai perusahaan yang terdaftar di Bursa Efek Indonesia

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Dina Patrisia ◽  
Muthia Roza Linda ◽  
Ursa Yulianti
Keyword(s):  
Dividend Policy ◽  
Stock Exchange ◽  
Investment Decision ◽  
Investment Decisions ◽  
Secondary Data ◽  
Sampling Technique ◽  
Total Sample ◽  
Manufacturing Companies ◽  
Positive Direction ◽  
Company Value

This study aims to analyze the effect of investment decisions, funding decisions, and dividend policy on the value of the company. This research is classified as causative research. The populations in this study are all Manufacturing companies listed on the Stock Exchange in 2012-2016. The sampling technique in this study is using purposive sampling technique with a total sample of 213 samples. The data used is secondary data. The data analysis method used is multiple regression. The results showed that investment decision variables affect the value of the company in a positive direction, funding decisions affect the value of the company in a negative direction, and dividend policy affects the value of the company with a positive direction on Manufacturing companies listed on the IDX. With this research, it is expected that researchers who can further conduct research related to factors that influence the value of the company whose impact is higher than what researchers have met. By using different proxy and data processing methods to produce more accurate data processingKeywords: Investment decisions; funding decisions; dividend policy; company value

scholarly journals Akuntabilitas Penatausahaan, Pelaporan Dan Pertanggungjawaban Dana Desa

2019 ◽  
Vol 1 (2) ◽  
pp. 523-542
Author(s):  
Sri Ayu Saputri ◽  
Nurzi Sebrina ◽  
Vita Fitria Sari
Keyword(s):  
Descriptive Analysis ◽  
Secondary Data ◽  
Data Sources ◽  
Primary Data ◽  
The Public ◽  
Analysis Techniques ◽  
West Sumatra ◽  
Qualitative Descriptive ◽  
Village Government ◽  
The Village

This study aims to determine how Administration, Reporting and Accountability of Dana Nagari in Batang Anai District, Padang Pariaman Regency, West Sumatra Province. There are three (3) aspects in village funds, administration, reporting and accountability. To achieve these objectives, descriptive qualitative research methods are used. Data sources are primary data and secondary data. Data collection techniques are carried out by observation, interviews, and documentation using qualitative descriptive analysis techniques. The results of the study show: (1) Administration carried out by the treasurer in the form of receipts and expenditures which are recorded in the general cash book, bank book, income details book, and financing details book which is equipped with receipts. (2) Reporting that the delay in disbursing village funds was due to the late regulation of the Regulations of the Regent of Padang Pariaman which caused the disbursement of stage I and phase II village funds to be delayed too late. (3) Accountability Submission of accountability reports to the public through various media, such as websites and billboards. Submission through this media can make it easier for the public to obtain information about the performance of the village government.

scholarly journals Analysis Of Factors Affecting the Value Of Manufacturing Industry Companies in the Indonesian Stock Exchange (IDX)

2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Javindri Yoseph Renaldi ◽  
Dahlia Br. Pinem ◽  
Yul Tito Permadhy
Keyword(s):  
Stock Prices ◽  
Firm Value ◽  
Stock Price ◽  
Manufacturing Industry ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sample Collection ◽  
Factors Affecting ◽  
Research Population

The purpose of this research is conducted to analyze factors the extent of influence (Liquidity - CR), (Leverage - DER), and (Dividend Policy - DPR) that can occur with (Firm Value - PBV). Manufacturing Industry Company was chosen because of fluctuations in stock prices that surged from the Composite Stock Price Index. The theory used is the signaling theory, trade-off theory, and dividend policy theory. The data used are secondary data with a sample collection method using purposive sampling. Where the research population is used is manufacturing industry companies listed on the Indonesia Stock Exchange (BEI) 2016-2018 observation period a number of 157 companies, with the final sample of this research obtained 34 selected companies that became the sample criteria. Data analysis techniques were performed using descriptive statistics and panel data regression analysis, with the help of the application E-views version 9.0 and Microsoft Excel 2013. The results of the research partially revealed that the variable (Leverage - DER) had an influence on (Firm Value - PBV) while the variable (Liquidity - CR) and (Dividend Policy - DPR) have no influence on Firm Value. And the independent variables affect the dependent variable by 16.64%. 

scholarly journals Pengaruh Likuiditas, Leverage, Profitabilitas dan Ukuran Perusahaan Terhadap Harga Saham Pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2013-2017

2020 ◽  
Vol 5 (2) ◽  
pp. 74-82
Author(s):  
Shelvia Angeline ◽  
Jessy Safitri Sitorus
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Company Size ◽  
Statistical Research ◽  
Mining Companies

This research aims to specify the effect of liquidity, leverage, profitability and company size on the stock price of mining companies listed on the Indonesia Stock Exchange in the period of 2013-2017. This type of research is descriptive statistical research. The object of this research had been done on 26 mining companies listed on the Indonesia Stock Exchange that were collected by purposive sampling. The data type that used in this research is called secondary data in the configuration of mining company financial statements for the period 2013-2017. The ratios used during this research are Current Ratio representing Liquidity, Debt to Equity Ratio that represents Leverage, Return On Assets representing Profitability and LN (Total Assets) representing Company Size. The analysis used is descriptive analysis, graph analysis also multiple linear regression analysis. The conclusion showed that liquidity had a positive and significant effect on stock prices. Leverage has a negative and not significant effect on stock prices. Profitability has a positive and significant effect on stock prices. Company Size has a negative and significant effect on stock prices.

scholarly journals PENGARUH STRUKTUR MODAL, PROFITABILITAS DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 4 (2) ◽  
pp. 70-81
Author(s):  
Pipit Ayu Kurniasih ◽  
Yansen Siahaan ◽  
Elly Susanti ◽  
Supitriyani Supitriyani
Keyword(s):  
Linear Regression ◽  
Capital Structure ◽  
Multiple Linear Regression ◽  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
T Test ◽  
F Test ◽  
Average Value

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

scholarly journals The Effect of Institutional Ownership, Leverage, and Profitability on Firm Value with Dividend Policy as an Intervening Variable

2021 ◽  
Vol 2 (7) ◽  
pp. 457-469
Author(s):  
Teguh Setyabudi
Keyword(s):  
Firm Value ◽  
Stock Price ◽  
Manufacturing Industry ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Secondary Data ◽  
Institutional Ownership ◽  
Annual Reports ◽  
Company Value ◽  
Policy Variable

The existence of competition requires companies to make various efforts to maintain the existence of the company and increase company value. The company value is indicated by the company's stock price. The purpose of this research is to prove empirically the effect of profitability, leverage and institutional ownership on firm value with dividend policy as an intervening variable. The research data is secondary data in the form of financial statement data and annual reports of companies belonging to the manufacturing industry listed on the Indonesia Stock Exchange for the period 2016 to 2018, totaling 138 companies. Data analysis used path analysis. The results showed that profitability, leverage and institutional ownership had a significant effect on dividend policy. The variables of profitability, leverage and dividend policy are proven to have a significant effect on firm value, while institutional ownership has no effect on firm value. The dividend policy variable is able to moderate the effect of profitability on firm value, but it is not able to moderate the effect of leverage and institutional ownership on firm value.

scholarly journals Penerapan Metode Pembelajaran Kooperatif Tipe Number Head Together (NHT) Pada Siswa Kelas XI IPS 2 SMA Negeri 2 Watampone Untuk Meningkatkan Hasil Belajar Bahasa Indonesia

2019 ◽  
Vol 3 (1) ◽  
pp. 25
Author(s):  
Jauhari Jauhari
Keyword(s):  
Cooperative Learning ◽  
Language Learning ◽  
Learning Outcomes ◽  
Descriptive Analysis ◽  
Research Approach ◽  
Quantitative Descriptive Analysis ◽  
Analysis Techniques ◽  
Average Value ◽  
Qualitative Descriptive ◽  
Quantitative Descriptive

Abstract. The purpose of this study was to describe an increase in Indonesian language learning outcomes through cooperative learning method Number Head Together (NHT) in Class XI IPS 2 students at SMA 2 Watampone. This research approach, which is descriptive. The design or model of this research is Action Research. This research was carried out in Class XI IPS 2 of SMA Negeri 2 Watampone totaling 38 people. This research was conducted in the even semester 2016/2017. Data collection is done through observation, documentation, and test techniques. Data analysis techniques, namely quantitative descriptive analysis and qualitative descriptive analysis. The results showed that (1) the learning outcomes of students in the first cycle were categorized as medium with an average value of 64.15 and increased in the second cycle to be a high category with an average value of 77.89. Learning completeness in the first cycle was 44.73% and increased in the second cycle to 92.11%. Thus, the application of NHT cooperative learning can improve the learning outcomes of Indonesian students in Class XI IPS 2 at SMA 2 Watampone. (2) Cooperative learning NHT increases the student's effectiveness in learning. The indicator of improvement can be observed based on the learning outcomes of the first cycle and the second cycle which experience changes especially in changes in motivation, enthusiasm and values of students learning students understand the material. 

scholarly journals Analysis of the Effect of Financial Performance, Company Size on Stock Prices with Dividend Policy as Moderating Variable in Pharmaceutical Companies Listed on the Indonesia Stock Exchange 2013-2019

2021 ◽  
Vol 8 (7) ◽  
pp. 161-168
Author(s):  
Watikah Sururi ◽  
Idhar Yahya ◽  
Erwin Abubakar
Keyword(s):  
Firm Size ◽  
Stock Prices ◽  
Stock Price ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Secondary Data ◽  
Pharmaceutical Companies ◽  
Company Size ◽  
Policy Variable ◽  
A Company

Financial instrument shares as part-ownership rights of a company which is evidence of or participation in a company. This study analyzes the effect of profitability, solvency, activity liquidity, and company size on pharmaceutical companies listed on the Indonesian stock exchange for 2013 – 2019. This study will also examine the dividend policy variable used as the moderating variable in the research model. The population is pharmaceutical companies listed on the Indonesia Stock Exchange for the period 2013 – 2019. All populations in this study were used as research samples of as many as nine companies. Moreover, the number of observations used was 63 observations. The type of data used is secondary data and the data analysis technique used in Panel Data Regression Analysis and Interaction Moderating Test with the help of EViews10 software. This study indicates that at alpha five percent, profitability and firm size have a significant positive effect on stock prices. In contrast, solvency, liquidity, and activity ratios have no significant effect on stock prices. This study also shows that dividend policy can strengthen the influence of solvency and liquidity on stock prices. However, dividend policy cannot moderate profitability, activity, firm size on stock prices. Keywords: Profitability, solvency, liquidity, activity, company size, dividend policy, stock price.

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