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Pengaruh Pembiayaan Mudharabah, Pembiayaan Musyarakah Dan Piutang Murabahah Terhadap Return on Assets (ROA) Dan Return on Equity (ROE) Ajizah, Euis; Furniawan, Furniawan
JPAK : Jurnal Pendidikan Akuntansi dan Keuangan Vol 10, No 1 (2022): JPAK : Jurnal Pendidikan Akuntansi dan Keuangan
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/jpak.v10i1.31912

Abstract

The purpose of this research is to know either partially or simultaneously, the effect of mudharabah financing, musyarakah financing, and murabahah receivables on Return on Assets and Return on Equity. The approach used in this study is a quantitative descriptive analysis approach, with secondary data obtained from the IDX for the Bank Syariah Mandiri (BSM) 2016-2018. To measure using multiple linear regression. The criteria for regression analysis are: t statistical test, f statistical test and the coefficient of determination (R2). The results of research from research reports that have been carried out for partial results of the variable Mudharabah Financing, Musharaka Financing and Murabahah Receivables on ROA and ROE do not have a significant effect. Meanwhile, based on the simultaneous results of Mudharabah Financing, Musharaka Financing and Murabahah Receivables on ROA have a significant effect. The same is the case with Mudharabah Financing, Musharaka Financing and Murabahah Receivables Against ROE which states that there is a significant effect.
Pengaruh Net Profit Margin (NPM) dan Earning per Share (EPS) terhadap Harga Saham Furniawan Furniawan
Co-Value : Jurnal Ekonomi, Koperasi & Kewirausahaan Vol. 12 No. 1 (2021): Co-Value : Jurnal Ekonomi, Koperasi, & Kewirausahaan
Publisher : Program Studi Manajemen Institut Manajemen Koperasi Indonesia Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1507.432 KB) | DOI: 10.36418/covalue.v12i1.1220

Abstract

Latar belakang: Dalam Pasar Modal terdapat banyak perusahaan yang memiliki tujuan untuk memperoleh laba dan meningkatkan kemakmuran pemegang saham guna agar perusahaan dapat berkembang dan membawa kemajuan perekonomian Laporan keuangan merupakan faktor penting untuk mentukan mana yang akan dipilh sebagai pilihan investasi bagi para investor Tujuan penelitian: mengetahui baik secara parsial maupun simultan tentang Net Profit Margin dan Earning per Share terhadap Harga Saham. Metode penelitian: Metode penelitian kuantitatif dan deskriptif. Jenis data ini skunder tersedia dan dipublikasikan di situs resmi Bursa Efek Indonesia (www.idx.co.id) berupa data pelaporan keuangan perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia. Hasil penelitian: hasil engujian yaitu memenuhi asumsi-asumsi klasik seperti adanya normalitas data, tidak ada multikolinearitas, tidak ada autokorelasi dan tidak terjadi gejala heteroskedastisitas. Secara parsial NPM tidak Pengaruh sedangkan EPS memiliki pengaruh. Dan secara Bersama-sama memiliki pengaruh signifikan Kesimpulan: Dalam beberapa kasus, NPM tidak memiliki dampak yang signifikan terhadap harga saham. Dalam beberapa kasus, EPS dapat memiliki dampak yang signifikan terhadap harga saham. Sementara itu, variabel NPM dan EPS memiliki pengaruh yang signifikan terhadap harga saham perusahaan makanan dan minuman yang terdaftar di BEI.
PENGARUH DEBT TO EQUITY RATIO (DER) DAN RETURN ON ASSET (ROA) TERHADAP PERINGKAT OBLIGASI PADA PERUSAHAAN JASA KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) Dini Arifian; Noviana Anggraeni; Furniawan Furniawan
The Asia Pacific Journal Of Management Studies Vol 7, No 3 (2020)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/.v7i3.462

Abstract

This research is to find out the factors that influence bond rating through Debt to Equity Ratio (DER) and Return On Assets (ROA) ratios on financial services companies listed on the Indonesia Stock Exchange in 2015-2018. The method used in this research is a quantitative descriptive research method, the sampling technique used is purposive sampling, the method of determining respondents to be sampled based on criteria. The sample in this study consisted of 8 financial services companies ranked by PT.Pefindo and listed on the Indonesia Stock Exchange. Data collection is done by downloading financial statement data through the websites www.idx.com and www.pefindo.com.Testing of this study was carried out using the classic assumption test, then analyzed by multiple linear regression tests, correlation tests, analysis of the coefficient of determination (R2) and hypothesis testing. Using the IBM SPSS (Statistics Program For Social Science) program v.20.
PENGARUH EARNING PER SHARE, DEBT TO ASSET RATIO, DEBT TO EQUITY RATIO DAN RETURN ON EQUITY TERHADAP PRICE TO BOOK VALUE Furniawan Furniawan
The Asia Pacific Journal Of Management Studies Vol 6, No 3 (2019)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/.v6i3.341

Abstract

This research is motivated by the problem of price to book value which is one of the ratios in assessing the sustainability of the company with the aim to find out how independent variables such as earnings per share, debt to asset ratio, debt to equity ratio and return on equity affect the price to book value LQ 45 index companies listed on the Indonesia Stock Exchange.The method used in this study is a quantitative research method with a descriptive approach, while the population in this study are all companies incorporated in the LQ 45 index with a sample of 40 companies after adjusting for sampling criteria.Together the earning per share variable, debt to asset ratio, debt to equity ratio and return on equity ratio to price to book value have Asymp values. Sig. (2-tailed) of 0.881 shows the results (0.881 0.05) meaning that the data is in Normal distribution. Based on testing the correlation between the variables X and Y simultaneously obtained the r value of 0.974. Contributions made by the four independent variables to the dependent variable obtained R2 by 95% while the remaining 5% is influenced by other factors. Based on the results of simultaneous testing using the F test produces a Fcount value of 164.666 with a significance value of 0,000 where 0,000 0.05 means the results are significant. While the Ftable value of 2.63 means that Fcount Ftable, then Ho is rejected. This means that simultaneously there is a significant influence between earnings per share, debt to asset ratio, debt to equity ratio and return on equity to the price to book value ratio.
PENGARUH MARKET VALUE ADDED (MVA) DAN DEBT TO EQUITY RATIO (DER) TERHADAP NILAI PERUSAHAAN PADA SUB SEKTOR INDUSTRI LOGAM DI BURSA EFEK INDONESIA Dede Suharna; Furniawan Furniawan; Eko Puryanto
The Asia Pacific Journal Of Management Studies Vol 8, No 2 (2021)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/.v8i2.537

Abstract

A company value can have a positive impact on the company itself, its stakeholders, and its shareholders. This study aims to test and analyze the effect of Market Value Added and Debt to Equity Ratio on a company value that is proxied in the metal industry sub-sector companies listed on the Indonesia Stock Exchange for the period 2017-2019. The method used in this research is quantitative methods. The population in this study were 13 metal industry sub-sector companies listed on the Indonesia Stock Exchange for the 2017-2019 period. And using purposive sampling technique. The analysis technique used is multiple linear regression analysis using the SPSS v.20 program. The results of research on the product moment correlation analysis show that the relationship between Market Value added to firm value has a moderate correlation value, then the Debt to Equity Ratio to firm value has a very low correlation. The multiple correlation analysis test has a moderate relationship between the independent interval and the dependent variable. The results for the t test showed the effect of Market Value Added on firm value partially, while the debt to equity ratio variable partially had no effect on firm value. As for the f test, there is a significant influence between Market Value Added and Debt to Equity Ratio on firm value simultaneously. Based on the data analysis, it is concluded that the simultaneous Market Value Added and Debt to Equity Ratio have a significant effect on firm value. And partially only Market Value Added which has a significant effect while Debt to Equity has no effect on firm value.
PENGARUH RETURN ON EQUITY (ROE) DAN DEBT TO EQUITY RATIO (DER) TERHADAP HARGA SAHAM Furniawan Furniawan; Fitri Rosdianti
The Asia Pacific Journal Of Management Studies Vol 7, No 2 (2020)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/.v7i2.460

Abstract

The alternative used in investing by investors is stocks, because the profits obtained are greater so that the funds needed by investors to invest are less than bonds. The purpose of this study was to determine the simultaneous effect of Return On Equity and Debt to Equity Ratio on stock prices.This study uses a quantitative method with a descriptive approach, the population included in this study are companies that are included in the food and beverage sector index, namely companies that have been considered to have accountable performance and meet the performance required by the Indonesia Stock Exchange. covering the food and beverage sector. So that only 9 companies for 4 periods.Return On Equity has a significant effect on stock prices. Debt To Equity Ratio does not have a significant effect on stock prices. it can be concluded that the variable Return On Equity (X1), Debt To Equity Ratio (X2) has a significant effect on Stock Price (Y).
PENGARUH PERPUTARAN MODAL KERJA TERHADAP PROFIT MARGIN Dini Arifian; Furniawan Furniawan
The Asia Pacific Journal Of Management Studies Vol 3, No 3 (2016)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/.v3i3.265

Abstract

This research is motivated problems that affect the profit margin on the sale of which is owned by the company, sooner or absence of working capital turnover that occurs in the company, and the sales rate changes up and down every year. The method used in this research is quantitative descriptive method, while the CV. Metassa Collection Desa Kadu Genep, Kecamatan Petir, Kabupaten Serang-Banten as the population, while the sample is financial statements for 2005-2014. Data analysis techniques in the study using simple linear regression analysis, correlation coefficient analysis, coefficient of determination, test data normality and hypothesis testing using t-test. Effect of working capital turnover of the profit margin of the test results obtained by the analysis of the correlation coefficient of 0.73, meaning that working capital turnover has a significant positive effect on profit margins, whereas if seen from the results obtained coefficient of determination of the effect of 53%. To increase profit margins CV. Metassa Collection able to add to working capital while lowering costs not to exceed the revenue, then sales of more scaled back, then profit margins will increase. 
PENGARUH EARNING PER SHARE, RETURN ON EQUITY DAN NET PROFIT MARGIN TERHADAP HARGA SAHAM PADA PERUSAHAAN LQ45 YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) Furniawan Furniawan
The Asia Pacific Journal Of Management Studies Vol 8, No 1 (2021)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/.v8i1.455

Abstract

One of the factors to consider in investing in the capital market is the stock price. Stock price is one indicator of company management in determining the value of the company. results in increasing profits will provide satisfaction to investors. The stock price that continues to increase illustrates the good value of the company so that it will make it easier for management to get capital or funds from outside parties. quantitative descriptive research method. The type of data in this study is secondary data found on the official website of the Indonesia Stock Exchange, namely www.idx.co.id in the form of financial statement data on LQ45 companies listed on the Indonesia Stock Exchange. Partially, Earning Per Share has a significant influence on stock prices. Partially Return on Equity does not have a significant effect on stock prices. Partially Net Profit Margin has a significant negative effect on stock prices. Together, the variables of Earning Per Share, Return on Equity and Net Profit Margin have a significant effect on stock prices.
PENGARUH LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN Furniawan Furniawan
The Asia Pacific Journal Of Management Studies Vol 9, No 2 (2022)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/apjms.v9i2.815

Abstract

Every company certainly has its own goals, and the key to success in achieving company goals is management achievement. However, in an effort to realize the company's goals, the company must maximize its funding needs in order to optimize its performance. The research method uses a type of quantitative research. This quantitative research is intended to provide an overview and explain the financial performance depicted through financial reports. The population in this research is consumer goods companies, food and beverage sub-sector which are listed on the Indonesia Stock Exchange, totaling 18 companies. a sample of 10 companies, with observations for 6 years, so that the sample obtained by the number of observations of 60 data. Based on the results of the previous research and discussion, the authors can conclude that the partial test results for the leverage variable on PBV firm value mean that it has a significant effect on firm value. Partial test results for the variable firm size on firm value PBV means that firm size has a significant effect on firm value. Simultaneous test results for the leverage variable and firm size variable on firm value means that leverage and firm size have a significant effect simultaneously on firm value.
INTERAKSI DINAMIS ANTARA PERPUTARAN MODAL KERJA DAN PERPUTARAN PIUTANG TERHADAP RETURN ON ASSET (ROA) Furniawan Furniawan
The Asia Pacific Journal Of Management Studies Vol 10, No 3 (2023)
Publisher : Universitas La Tansa Mashiro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55171/apjms.v10i3.1019

Abstract

Financial performance of a company can be influenced by various factors, including working capital management and receivables management. This research aims to examine the interaction between working capital, receivables, and return on assets (ROA) as a key indicator of financial health. Through a statistical analysis approach, financial data from several companies have been collected and analyzed to understand potential relationships. The study evaluates the influence of working capital on the ROA of a company. This analysis identifies the extent to which working capital management can affect the profitability of an entity. Furthermore, the interaction between receivables management and ROA is explored. The  research aims to measure how receivables management policies can strengthen or undermine the financial performance of a company. The results of the research are expected to provide new insights into corporate financial strategies and offer a deep understanding of the importance of working capital and receivables management in achieving optimal asset returns. The findings of this research are expected to serve as a foundation for companies to enhance operational efficiency and optimize the allocation of financial resources.