scholarly journals THE EFFECT OF FINANCIAL AND NON-FINANCIAL VARIABLES ON UNDERPRICING

Author(s):  
Dyan Fajar Mahardika ◽  
Fitri Ismiyanti

After the shares were introduced to the public by the underpricing company (IPO), the problem lies in the closing price on the first day which tends to be higher than the initial offering price. Various factors can influence the occurrence of underpricing, both external and internal, that occurs in Islamic stocks. This study examines more about the influence of financial and non-financial variables on underpricing shares, especially in Islamic stocks. The population used includes, among others, listed companies on the IDX with a sample of issuers that went public from 2015 to 2019. Data analysis in this study used multiple regression. The results of the study prove that block holders in a company have an effect on the level of underpricing. Debt to Equity Ratio (DER) have an effect on the underpricing variable. Return on Asset (ROA) harms the underpricing variable. There is an effect of the current ratio value on underpricing. Firm size has an effect on underpricing. Company age (firm age) has an effect on the underpricing variable. JEL: D53; E44; G10 <p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0727/a.php" alt="Hit counter" /></p>

2019 ◽  
Vol 7 (2) ◽  
Author(s):  
Akhmad Sodiqin

<em>This study aims to determine the effect of financial variables, namely the current ratio and debt to equity ratio of companies in the construction industry group listed on the Indonesia stock exchange either partially or simultaneously. The data used includes construction industry group companies. Data were analyzed using regression analysis using the   F-test and t test. Based on the results of the analysis it is known that the current ratio variables and the debt to equity ratio affect the return on equity variable in the construction industry stocks on the Indonesia stock exchange. Partially the current variable and debt to equity ratio also partially influence</em>.


2020 ◽  
Vol 6 (8) ◽  
pp. 1620
Author(s):  
Hamidatul Husnah ◽  
Puji Sucia Sukmaningrum

This research aims to determine the effect of Current Ratio, Debt Equity Ratio and Earning Per Share on stock price of Companies in Jakarta Islamic Index partially or simultaneously. The population in this study is a company registed in Jakarta Islamic Index and the sample used in this study as many as 9 companies listed in Jakarta Islamic Index that meets the criteria of purposive sampling. The observation period of the study starts from 2010 to 2016. This best of research in used quantitative analysis with multiple linear regressionshow that Current Ratio, Debt Equity Ratio and Earning Per Sharesimultaneously and significantly affect the stock price of companies in Jakarta Islamic Index. And partially variable of current ratio insignificant influence to stock price, debt equity ratio is negative and significant influence, and earning per share have positif and significant influence to stock price of company in Jakarta Islamic Index periode 2010-2016.Keywords: Stock Price, Current Ratio, Debt Equity Ratio,Earning Per Share


2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Tommy Minggus ◽  
Mohammad Wasil ◽  
I. G. A. Aju Nitya Dharmani

This study aims to determine whether CR, DER, NPM, and TATO effect profit changes. The population in this research are mining companies listed in the Indonesia Stock Exchange period 2016-2018 consisting of 48 companies. Sampling was done by purposive sampling and 15 companies were selected. The data in the study comes from the secondary data obtained through the documentation technique. Data analysis with multiple regression analysis using SPSS for Windows version 18. The results showed that there was significant influence simultaneously between CR, DER, NPM, and TATO to Profit Changes. Based on the partial test, the conclusion CR and TATO has positive and not significant effect on profit changes. DER has negative and not significant effect in profit changes. NPM has positive and significant effect on profit changes.


2019 ◽  
Vol 2 (2) ◽  
Author(s):  
REZANA INTAN AMANDA

The purpose of this research is to analyze the impact of Cash Turnover, ReceivableTurnover, Inventory Turnover, Current Ratio and Debt to Equity Ratio to Profitability. Thesample in this study is the Basic Chemical Industry Sector at the Indonesia Stock Exchangein 2013-2017. Population of the research is the Basic Chemical Industry Sector on IDXfinancial report which is taken with certain criteria. The number of samples in this study wasdetermined based on Purposive Sampling method, and determined the number of samplesas much as 8 company. Based on the results and data analysis using step regression(helped by software SPSS.16 for windows) shows that Cash Turnover has no impact toProfitability, Receivable Turnover has no impact to Profitability, Inventory Turnover has noimpact to Profitability, Current Ratio has a positive and signification impact to Profitability,Debt to Equity Ratio has no impact to Profitability.


Author(s):  
Nadia Hanifah ◽  
Kartika Hendra ◽  
Siti Nurlaela

Earnings growth is an increase in profit or decline in profit per year and can be used to assess how the development of a company's performance. The purpose of this study is to examine and analyze the effect of current ratio, debt to equity ratio, total asset turnover and managerial ownership on earnings growth. The population in this study is the banking sub-sector companies listed on the Indonesia Stock Exchange for the period of 2016-2018. The sampling technique in this study used a purposive sampling method and obtained a sample of 20 companies. The data analysis method uses the classic assumption test and multiple linear regression analysis using SPSS 20, with the results of data analysis showing that, debt to equity ratio and managerial ownership influence earnings growth. While the current ratio and total asset turnover has no effect on profit growth. Keywords : Profit Growth, Current Ratio, Debt to Equity Ratio, Total Aset Turnover, Managerial Ownership


2018 ◽  
Vol 3 (1) ◽  
pp. 23
Author(s):  
Rika Umniati ◽  
Kartika Hendra Titisari ◽  
Yuli Chomsatu

Abstract : This research aims to know the influence of Current Ratio, Inventory Turnover Ratio, Cash Turnover and Debt To Equity Ratio against the Return On Investment. The population in the study, namely the production of industrial companies listed on the stock exchange of Malaysia Year 2016 totalling 233 companies. Type of this research is quantitative research. Sampling using a purposive sampling technique. The number of samples as many as 131 research company. Methods of data analysis used in the study are using multiple linear regression test. Data analysis using SPSS 17 assistance. The results of this study indicate that a variable Inventory Turnover Ratio effect on Return On Investment. While the Current Ratio, variable Cash Turnover and Debt To Equity Ratio has no effect against a Return On InvestmentAbstraksi : Penelitian ini bertujuan untuk mengetahui pengaruh Current Ratio, Rasio Perputaran Persediaan, Perputaran Kas dan Rasio Hutang terhadap Ekuitas terhadap Return On Investment. Populasi dalam penelitian, yaitu produksi perusahaan industri yang terdaftar di bursa efek Malaysia Tahun 2016 berjumlah 233 perusahaan. Jenis penelitian ini adalah penelitian kuantitatif. Pengambilan sampel menggunakan teknik purposive sampling. Jumlah sampel sebanyak 131 perusahaan penelitian. Metode analisis data yang digunakan dalam penelitian ini menggunakan uji regresi linier berganda. Analisis data menggunakan bantuan SPSS 17. Hasil penelitian ini menunjukkan bahwa variabel Inventory Turnover Ratio berpengaruh terhadap Return On Investment. Sedangkan Current Ratio, variabel Cash Turnover dan Debt To Equity Ratio tidak berpengaruh terhadap Return On Investment.


2018 ◽  
Vol 14 (1) ◽  
Author(s):  
. Angellia ◽  
. Erlina ◽  
Jana Jesifa Moksa ◽  
Joshua Andre Wirawan ◽  
Novilia Wijaya ◽  
...  

Financial performance can be measured by Return on Equity (ROE), because ROE is one of two base factors to determine company’s level of profit growth. A company can be identified success if the cash turnover is increasing along the certain financial period. If liquidity is increasing then the profit will increase because the changed value of current assets is getting increased by company’s current liabilities enchancement. The sample of research is 32( thirthy two companies ) Data collection method is using documentation method Data analysis thechnique used is descriptive quantitative analysis. Analysis model in this research is double linear regretion and using SPSS program. Data tested by classic assumption test, coefficient determination test, F test, and T test. The conclusion of this research both partial and simultaneous Cash Ratio ,Time Interest Earned, Debt to Equity Ratio are not influential to Return on Equity. The result of R coeffition determination is 7,3%. So this 7,3% variation of variable ROE can be explained by variation variable Cash Ratio ,Time Interest Earned, Debt to Equity RatioKeywords: ROE, Cash Ratio, Time Interest Earned, Debt to Equity Ratio


2020 ◽  
Vol 17 (1) ◽  
pp. 69-79
Author(s):  
Gracia Naibaho ◽  
Francis Hutabarat

This study aims to examine the effect of Liquidity and Solvency on Profitability. The sample of this study was 10 consumption companies consisting of four cigarette companies (WIIM, GGRM, HMSP, RMBA) and six cosmetics companies (ADES, KINO, MBTO, MRAT, TCID, UNVR). Thus the research sample was found to be 40. The research variable used one dependent variable, namely profitability using the return on assets and two independent variables, namely liquidity using inventory to net working capital and current ratio and solvency using debt to equity ratio. This research uses descriptive data analysis, coefficient of determination analysis, regression analysis and data analysis using the SPSS application. The results showed that the Current Ratio did not significantly influence profitability. Inventory to Net Working Capital has a significant effect on profitability. Debt to Equity ratio has a significant effect on profitability. And Current Ratio, Inventory to Net Working Capital simultaneously have a significant effect on the profitability (ROA) of Consumption Companies listed on the Indonesia Stock Exchange (BEI) for the 2015-2018 period. significant value0.002 <0.05


2018 ◽  
Author(s):  
STIM Sukma

The purpose of this research is to build a company profile to b used as a media campaign to the public and inform about the general picture of the school, especially in the development of facilities and facilities of the school Private High School Karya Sedar BiruBiru. Data analysis using Adobe Flash CS5. Result of research indicate that with company profile done by using Adobe Flash CS5 can produce display of animation content in the unity animation movement and company profile can use as media in publish and inform profile at Private High School Karya Sedar Biru-Biru.


2019 ◽  
Vol 11 (2) ◽  
pp. 158-166
Author(s):  
Agnes Susana Merry Purwati

Financial ratio is to be an analytical tool that have an important influence the progress andsuccess of a company in managing its finances. For the case of the research, the Anugerah CreditUnion Bandarjaya is the object to be researched by the author. In this research, the authors tooks theresearch variable such us Liquidity, Solvability, and Rentability Ratio based on variable Remaining ofBusiness Results (SHU).The purpose of the research is to find out the influence of Liquidity Ratio, Solvability Ratio, andRentability Ratio to the result of Remaining of Business Results (SHU). The author hopes that in thenext period the Anugerah Credit Union Bandarjaya can improve its efficiency and effectiveness infinancial performance. This is based on the year of the research period, there is a decrease in theRemaining of Business Results (SHU).The results of the research shows that the Liquidity Ratio (Current Ratio) has influencedpositively and significantly on the Remaining of Business Results (SHU), the Solvability Ratio (Debt toEquity Ratio) has influenced positively and significantly on the Remaining of Business Results (SHU),the Rentability Ratio (Return On Equity) has influenced positively and significantly on the Remaining ofBusiness Results (SHU). Simultaneously (together), Current Ratio (CR), Debt to Equity Ratio (DER),and Return On Equity (ROE) has influenced positively and significantly on the Remaining of BusinessResults (SHU) in Anugerah Credit Union Bandarjaya.


Sign in / Sign up

Export Citation Format

Share Document