scholarly journals Stock Prices Analysis of State-Owned Enterprise and Non-State-Owned Enterprise in Response to Negative Information Period 2017-2019

2020 ◽  
Vol 15 (6) ◽  
pp. 204
Author(s):  
Raka Daniel Lihardo Sumbayak ◽  
Tony Irawan ◽  
Trias Andati

There were bad news affected stock prices, i.e. Fraud and bad financial performance. Fraud on State Owned Enterprises (SOE) listed companies was suspected to have a stronger impact on stock prices compared to Non-SOE issuers. The effect of bad financial performance on Non-SOE issuers was thought to have a stronger impact on stock prices when compared to SOE issuers. This research was conducted on SOE and non-SOE that experienced fraud and bad financial performance from 2017 to 2019. Data analysis was performed with the Google Search Volume Index, Difference Test, and Multiple Linear Regression Analysis. The data from Google Search Volume Index showed that SOE issuers were more searched by the public when compared to Non-SOE issuers in responding to Fraud and bad financial performance. Linear Regression Analysis found that the decline in stock prices of SOE issuers was lower than the Non-SOE issuers in response to Fraud. The decline in stock prices of SOE issuers in response to the bad financial performance in the Property and Finance sectors was lower than the decline in stock prices of Non-SOE issuers. However, the decline in the stock prices of Non-SOE companies in response to the bad financial performance in the Basic Industry sector was lower than the SOE issuers. This could be influenced by SOE stock ownership dominated by the Indonesian government and the existence of a Conservatism Bias.

2020 ◽  
Vol 17 (1) ◽  
Author(s):  
Novita Febriany

ABSTRACTThe purpose of this study was to examine the effect of Intellectual Capital on the Company's Financial Performance in the Kompas 100 index companies listed on the Indonesia Stock Exchange. Multiple linear regression analysis is used as the analytical technique. The results of hypothesis testing (t-test) prove that Intellectual Capital influences the Company's Financial Performance. This means that the better the Intellectual Capital owned by the compass index company 100, the higher the company's financial performance. Keywords: Intellectual Capital and Financial Performance.ABSTRAKTujuan penelitian ini adalah untuk menguji pengaruh Intellectual Capital terhadap kinerja keuangan perusahaan yang terdaftar dalam Kompas 100 index yang terdaftar pada on the Bursa Efek Indonesia. Analisis regresi berganda digunakan sebagai teknik analisis yang digunakan. Hasil pengujian hipotesis (uji t-test) menunjukkan bahwa Intellectual Capital berpengaruh positif terhadap kinerja keuangan perusahaan. Hal ini menunjukkan bahwa Intellectual Capital yang semakin baik yang dimiliki oleh perusahaan yang terdaftar dalam index Kompas 100, maka semakin tinggi pula kinerja keuangan perusahaan.


2018 ◽  
Vol 12 (2) ◽  
pp. 66-75
Author(s):  
Rini Trah Purboyanti ◽  
Ahmad Nizar Yogatama

This study aims to analyze how much Earning Per Share, Debt to Equity Ratio and Return On Equity to stock prices in companies indexed by the 2015-2017 LQ45 period. The population of this study is the LQ45 company that is consistently indexed in 2015-2017. The sample of this study uses purposive sampling. The sample in this study were 35 companies. The type of data used is secondary data derived from a summary of financial statement records. The analysis technique uses multiple linear regression analysis. The results of the study found that Earning Per Share had an effect on stock prices, while Debt to Equity Ratio and Return On Equity had no effect on stock prices for LQ45 indexed companies consistently in the 2015-2017 period.


Author(s):  
Maulana Majied Sumatrani Saragih

This study aims to find out how the Strategy for Using Profit and Cash Flow Statements on the Financial Performance of Indonesian Private Banks Listed on the Indonesia Stock Exchange. The research method used is quantitative data method. While the data used is secondary data. The data analysis method in this study uses multiple linear regression analysis to obtain a comprehensive picture of the effect of the Profit Usage variable on Financial Performance by using the SPSS 25 for Windows program. To find out whether there is a significant effect of the independent variable on the dependent variable, a simple linear regression model is used. The results of hypothesis testing using multiple regression analysis and t test show that: The use of profit (X1) has a positive and significant effect on Financial Performance (Y). In other words, it means, the use of profit has a positive and significant effect on financial performance. Cash Flow (X2) has no effect on Financial Performance (Y). In other words, it means, Cash Flow has no positive and significant effect on Financial Performance. Use of Profit (X1), Cash Flow Variable (X2), have a significant effect simultaneously (simultaneously) on the Financial Performance Variable (Y).


2012 ◽  
Vol 2 (1) ◽  
pp. 9
Author(s):  
Slamet Prayogi Hatna Wijaya ◽  
Tina Sulistiyani

This study aims to determine how the influence of Earning per Share, Beta, Company Size, and dividends on stock prices LQ45 groups in Indonesia Stock Exchange, either simultaneously or partially. Factors to be the independent variable is the Earning per Share (EPS), beta (BETA), company size (SIZE), and dividends (DIV) and the dependent variable in this study is the stock price (Y). This study took data belonging to the group companies LQ45 of the year 2008-2010. Analysis tool used is Multiple Linear Regression Analysis performed using Classical Test Assumptions in advance. From the test results of Multiple Linear Regression Analysis using the  5%, it can be concluded that there is simultaneous influence of the EPS, BETA, SIZE, and DIV on stock prices. As for the partial regression analysis all influence on stock prices. Coefficient of determination of test results, obtained by the Adjusted R Square of 0,605.


Author(s):  
Rahmadoni

This study aims to examine the effect of Good Corporate Governance (GCG) and company status on the company's financial performance in companies participating in the 2015-2019 CGPI rating program organized by IICG and SWA Magazine. The sampling method of this research is purposive sampling method and follows certain criteria resulting in 13 sample companies. The analytical method of this research is multiple linear regression analysis with SPSS (Statistical Product and Service Solution) application tools. The results of the study indicate that Good Corporate Governance and company status have a significant influence on the company's financial performance and company status also has a significant influence on Good Corporate Governance.


2017 ◽  
Vol 3 (2) ◽  
pp. 168-181
Author(s):  
Armaja Armaja ◽  
Ridwan Ibrahim ◽  
Aliamin Aliamin

This study aims to examine the influence of regional wealth, balancing funds, and regional expenditures on the district's financial performance in Aceh, Indonesia. The population of this study is all 23 districts/cities in Aceh from the period 2011 to 2015 with the 115 total number of observations. The data used in this research is secondary data, comprising data of Revenue and Expenditure Budget of Districts/City-Revision (APBK-P). The analysis method used in this study is the Multiple Linear Regression Analysis. The study found that the regional wealth, balancing funds, and regional expenditures significantly affected the financial performance of districts/cities in Aceh.Penelitian ini bertujuan untuk menguji pengaruh kekayaan daerah, dana perimbangan, dan belanja daerah baik secara bersama-sama maupun secara terpisah terhadap kinerja keuangan kabupaten/kota di Aceh. Populasi dalam penelitian ini adalah seluruh Kabupaten/Kota di Aceh tahun 2011-2015 yang berjumlah 23 Kabupaten/Kota sehingga jumlah pengamatan sebanyak 115 pengamatan. Data yang digunakan dalam penelitian ini adalah data sekunder berupa data Anggaran Pendapatan dan Belanja Kabupaten/Kota-Perubahan (APBK-P) 23 Kabupaten/Kota di Aceh periode 2011-2015. Sedangkan teknik pengumpulan data penelitian dilakukan dengan teknik dokumentasi yaitu pengumpulan data sekunder. Metode analisis yang digunakan yaitu Analisis Regresi Linear Berganda. Hasil penelitian menunjukkan bahwa kekayaan daerah, Dana Perimbangan, dan belanja daerah baik secara bersama-sama maupun secara terpisah berpengaruh terhadap kinerja keuangan kabupaten/kota di Aceh.


2021 ◽  
Vol 3 (3) ◽  
pp. 591
Author(s):  
Anathania Lendrawati ◽  
Maswar Abdi

The purpose of this study was to determine how the effect of operational efficiency, marketing effectiveness, and financial leverage on the financial performance of a public retail business. The population in this study are retail sub-sector companies listed on the Indonesia Stock Exchange (IDX) in the 2016-2020 period. This study uses multiple linear regression analysis techniques using Eviews 11 software. The results of this study indicate that (1) operational efficiency has a negative and significant effect on financial performance, (2) marketing effectiveness has a positive and significant effect on financial performance, (3)leverage finance has a negative and significant effect on financial performance.Tujuan penelitian ini adalah untuk mengetahui bagaimana pengaruh efisiensi operasional, efektivitas pemasaran, dan leverage keuangan terhadap kinerja keuangan perusahaan publik bisnis ritel. Populasi dalam penelitian ini adalah perusahaan sub sektor ritel yang terdaftar di Bursa Efek Indonesia (BEI) pada periode 2016-2020. Penelitian ini menggunakan teknik analisis regresi linear berganda dengan menggunakan software Eviews 11. Hasil dari penelitian ini menunjukan bahwa (1) Efisiensi operasional berpengaruh negatif dan signifikan terhadap kinerja keuangan, (2) Efektivitas pemasaran berpengaruh positif dan signifikan terhadap kinerja keuangan, (3) Leverage keuangan berpengaruh negatif dan signifikan terhadap kinerja keuangan.


SIMAK ◽  
2021 ◽  
Vol 19 (01) ◽  
pp. 42-51
Author(s):  
Tirey Widya Pamungkas ◽  
Gusganda Suria Manda

The purpose of this study was to determine the effect of operational risk as proxied by BOPO and liquidity risk as proxied by LDR on financial performance as proxied by ROA. The object of this research is 10 conventional commercial banks for the 2017-2019 period. The analytical method used is descriptive quantitative analysis, multiple linear regression analysis and classical assumption test. The results in this study are operational risk (BOPO) partially has a negative effect on financial performance (ROA) and liquidity risk (LDR) partially has no effect on financial performance (ROA). As well as operational risk (BOPO) and liquidity risk (LDR) simultaneously affect financial performance.


The Winners ◽  
2011 ◽  
Vol 12 (2) ◽  
pp. 103
Author(s):  
Erric Wijaya ◽  
Fatiah Istarini

Before making investment decisions, investors need to analyze the pattern of trading days which change daily because of investors’ behavior in stock trading activity that affects the pattern of daily stock price movements. Changes in macro variables like exchange rates for instance, also can affect share price. To determine the influence of independent variables (day of the week effect and exchange rate) on the dependent variable (Jakarta Composite Index (JCI)), a research is conducted using multiple linear regression analysis. The initial test uses a test of normality and is resumed by testing multiple linear regression analysis and classical assumption. The hypothesis test uses t-statistics and F-statistics with a significance level of 5%. A descriptive statistics implies that there is an effect of trading days on stock prices. However, using backward stepwise linier regression model and multivariate analysis, the result indicates that there is no effect of trading days on stock prices. Using multivariate data analysis, it is found that stock prices is influenced by exchange rate.


2019 ◽  
Vol 7 (1) ◽  
pp. 12-18
Author(s):  
Mokhammmad Khukaim Barkhowa ◽  
Hardi Utomo

This study aims to find out and explain: the influence of Islamic ethical identity and market share on sharia banking financial performance registered with the Indonesian financial services authority in 2014-2017. The population in this study is a sharia public bank registered in the Financial Services Authority 2014-2017. The sample of this study was 11 sharia public banks sent at the Financial Services Authority 2014-2017 which were taken using purposive sampling. Analysis of the data used is multiple linear regression analysis. The results of hypothesis testing that prove ethical ethical identity are not significantly related to financial performance seen from the return of assets so that these results are not in accordance with the hypothesis proposed in this research. The results of hypothesis testing show a positive and significant statistical market share of financial performance seen from the return of assets so that these results are in accordance with the hypothesis proposed in this research.


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