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RASIO KEUANGAN YANG PALING BAIK UNTUK MEMPREDIKSI RETURN SAHAM : SUATU STUDI EMPIRIS PADA PERUSAHAAN MENUFAKTUR YANG TERDAFTAR DIBURSA EFEK JAKARTA MEYTHI
Jurnal Bisnis dan Akuntansi Vol 9 No 1 (2007): Jurnal Bisnis dan Akuntansi
Publisher : Pusat Penelitian dan Pengabdian Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1445.017 KB) | DOI: 10.34208/jba.v9i1.602

Abstract

This study aims to determine the best financial ratios in predicting stock return. there are 13 financial ratio (current ratio (cr), quick ratio (qr), current assets total assets (cata), debt ratio (dr), equity to total assets (eta), inventory turnover (arto), return on investement (roi), return on equity (roe), price earnings ratio (per), price book value (pbk) dan stock return (sr) categorized into five factors (liquidity/solvability factor, activity factor, profitability factor, capital market factor, and stock return) factor in predicting stock return. Data in this study are from manufacturing firms listed on the jakarta stock exchange during 200-2004. factor analysis is used to determine the best financial ratios in predicting stock return. The empirical result show that current ratio (cr) is the best financial ratio in prediciting stock return.
RASIO KEUANGAN TERBAIK UNTUK MEMPREDIKSI NILAI PERUSAHAAN Meythi Meythi
Jurnal Keuangan dan Perbankan Vol 17, No 2 (2013): May 2013
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (178.294 KB) | DOI: 10.26905/jkdp.v17i2.739

Abstract

This study aimed to determine the best financial ratios in predicting firm value. There were 12 financial ratios,Current Ratio, Quick Ratio, Debt Ratio, Equity to Total Asset, Equity to Total Liabilities, Equity to FixedAsset, Profit Margin, Return on Asset, Return on Equity, Fixed Assets Turnover, Total Asset Turnover, andMarket to Book Ratio categorized into five factors (solvability factor, liquidity factor, profitability factor,activity factor, and firm value factor) in predicting firm value. Data in this study were from manufacturingfirms listed on Indonesia Stock Exchange during 2007-2012. Factor analysis was used to determine the bestfinancial ratios in predicting firm value. The empirical result showed that Equity to Total Asset was the bestfinancial ratio in predicting firm value.
NILAI PERUSAHAAN: DAMPAK INTERAKSI ANTARA PROFITABILITAS DAN RISIKO FINANSIAL PADA PERUSAHAAN MANUFAKTUR Meythi Meythi; Oktavianti Oktavianti; Riki Martusa
Jurnal Keuangan dan Perbankan Vol 18, No 1 (2014): January 2014
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (303.548 KB) | DOI: 10.26905/jkdp.v18i1.771

Abstract

This research was aimed to examine and find out the empirical evidence of the impact of the interaction betweenprofitability and financial risk on firm value. Samples used in this research were manufactured companieslisted in Indonesia Stock Exchange in 5 years observation period (2007-2012). The total samples were 31companies. Sample election was done by using the purposive sampling method. The result of moderatedregression analysis (MRA) showed that there was no interaction effect between profitability and financial riskon firm value. Thus, the hypothesis of the research was not empirically supported.
DAMPAK INTERAKSI ANTARA KEBIJAKAN UTANG DAN KEBIJAKAN DIVIDEN DALAM MENILAI PERUSAHAAN Meythi Meythi
Jurnal Keuangan dan Perbankan Vol 16, No 3 (2012): September 2012
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (147.455 KB) | DOI: 10.26905/jkdp.v16i3.1079

Abstract

This research aimed to examine and know empirical evidence of the positive effect of debt policy on firms valuewith dividend policy as moderating variable. Samples used in this research were manufacturing companieslisted in Indonesia Stock Exchange in 4 years observation period (2007-2010). Total samples were 13 companies.The data were collected by using purposive sampling method. The result of moderated regression analysis(MRA) showed that debt policy did not effect firms value with dividend policy as moderating variable. Thus,the hypothesis of the research was not empirically supported.
Audit Forensik (Strategi untuk Meminimalkan Internet Fraud) Meythi .
Jurnal Akuntansi Vol. 5 No. 2 (2006)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1780.06 KB) | DOI: 10.28932/jam.v5i2.280

Abstract

Internet fraud sangat meresahkan dunia e-commerce karena kejahatan ini menggangu keamanan transaksi. Hal ini mengakibatkan keraguan konsumen dalam melakukan transaksi di internet dan mempengaruhi bisnis yang dilakukan di internet. DiIndonesia masalah ini mengakibatkan pemblokiran terhadap transaksi-transaksi yang dilakukan oleh orang Indonesia di internet karena ditakutkan bahwa transaksi tersebut dilakukan oleh orang yang tidak berhak. Strategi untuk meminimalkan internet fraud maka digunakan audit forensik.Kata Kunci: Internet fraud, audit forensik.
Konflik Keagenan Tinjauan Teoritis dan Cara Menguranginya Meythi .
Jurnal Akuntansi Vol. 4 No. 2 (2005)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (2077.449 KB) | DOI: 10.28932/jam.v4i2.291

Abstract

Pada sebuah perusahaan, pemilik perusahaan biasanya akanmendelegasikan tugas dan tanggung jawab pengurusan dan pengelolaan operasi perusahaannya kepada para manajer untuk kepentingan pemilik. Para manajer yang diberi tanggung jawab dalam hal ini bertindak sebagai agen, mempunyai kewajiban untuk dapat memaksimumkan kesejahteraan parapemilik perusahaan baik dalam jangka pendek maupun dalam jangka panjang. Sisi lain, manajer juga memiliki kepentingan yang sama dengan kepentingan pemilik perusahaan, yaitu memaksimumkan kesejahteraannya. Adanya dua kepentingan ini berdampak pada permasalahan keagenan. Artikel ini mencoba mengulas kepemilikan manajerial, kepemilikan institusional, kebijakan utang, kebijakan dividen, risiko, kebijakan insentif aliansi, dan memahami perannyauntuk mengurangi konflik keagenan. Informasi yang dihasilkan dari artikel ini diharapkan dapat membantu pihak perusahaan, investor, calon investor maupun kalangan akademisi dalam memahami mekanisme untuk mengurangi konflik keagenan.Kata Kunci: Konflik keagenan, kepemilikan manajerial, kepemilikan institusional, kebijakan utang, kebijakan dividen, risiko, kebijakan insentif aliansi, memahami perannya.
Budaya Korupsi dan Tantangan Otonomi Daerah Meythi .
Jurnal Akuntansi Vol. 3 No. 2 (2004)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1223.284 KB) | DOI: 10.28932/jam.v3i2.309

Abstract

Korupsi merupakan kasus terbesar di negara-negara berkembang dan maju. Hal ini tidak bisa dipungkiri lagi bahwa korupsi sudah merupakan urat nadi di negara-negara tersebut. Memang harus diakui pula pemerintah negara-negara tersebut tidak tinggal diam atau hendak membasmi kasus korupsi tetapi para pelaku lebih pintar berkelit dari hokum yang berlaku. Berdasarkan keadaan tersebut melalui tulisan ini hendak dipaparkan beberapa contoh kasus korupsi yang terjadi terutama di Indonesia.Kata kunci: Korupsi
Rasio Keuangan yang Paling Baik sebagai Prediktor Risiko Sistematik Suatu Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Jakarta Meythi .
Jurnal Akuntansi Vol. 6 No. 2 (2007)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1537.729 KB) | DOI: 10.28932/jam.v6i2.328

Abstract

This research is aimed to determine the best financial ratios in predicting systematic risk. There are 12 financial ratios [current ratio (CR), quick ratio (QR), debt ratio (DR), equity to total asset (ETA), equity to total liabilities (ETL), equity to fixed asset (EFA), profit margin (PM), return on asset (ROA), return on equity (ROE), fixed assets turnover (FAT), total asset turnover (TAT), and correction beta (BK) ] categorized into four factors(liquidity/solvability factor, profitability factor, activity factor, and systematic risk factor) in predicting systematic risk. Data of research are collected from manufacturing firms which listed on the Jakarta Stock Exchange during 2000-2003. Tests were undertaken using factor analysis to determine the best financial ratios in predicting systematic risk. The results shows that return on asset (ROA) is the best financial ratio in predicting systematic risk.Keywords: financial ratios, systematic risk, and factor analysis.
Historical Cost dan General Price Level Accounting: Analisis Relevansi Indikator Keuangan Meythi -; Sheffie Teresa
Jurnal Akuntansi Vol. 4 No. 2 (2012)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (358.228 KB) | DOI: 10.28932/jam.v4i2.345

Abstract

In conventional accounting, financial statements are based on the historical cost principle that assumes that prices (monetary unit) are stable. Conventional accounting recognizes neither changes in the general price level nor changes in the specific price level. Consequently, if there are any changes in purchasing power such as in inflation period, the historical financial statement are not economically relevant and also income is usually overstated, and the fixed assets are usually understated. General Price Level Accounting will do restatement the components of financial statement to be a rupiah on a similar level of purchasing power, but without changes in accounting principles which using on conventional accounting. In this research did to PT Hanjaya Mandala Sampoerna Tbk. dan PT Kalbe Farma Tbk. are one of industrial sector it is not free of influence inflation condition. Also the result researches concerning the influence of applied general price level accounting on the financial statement will be compared as considerations whether the general price level adjustment is necessary needed. The hypothesis test did with based on t-test pair sample (wilcoxon). The result of research on = 5% showed that fifteen indicator tested there are twelve indicator showed significant different between financial report Historical Cost with financial report adjusted with General Price Level Accounting.
Pengaruh Price Earnings Ratio dan Price to Book Value terhadap Return Saham Indeks LQ 45 (Perioda 2007-2009) Meythi -; Mariana Mathilda
Jurnal Akuntansi Vol. 4 No. 1 (2012)
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (429.056 KB) | DOI: 10.28932/jam.v4i1.351

Abstract

This study purposes to determine the effect of Price Earnings Ratio (PER) and Price to Book Value (PBV) simultaneously and partially towards LQ 45 index stock return. The sample is taken from LQ 45 index constituent company for period August 2006 until January 2007 at Indonesian Stock Exchange. Dependent variable in this study is stock return, while Price Earnings Ratio (PER) and Price to Book Value (PBV) as independent variables. This study used Moderated Regression Analysis as a method of data analysis.Based on the results of testing and analysis of data concerning the influence of Price Earnings Ratio (PER) and Price to Book Value (PBV) of stock return, found that the partial Price Earnings Ratio (PER) has a negative influence and Price to Book Value (PBV) has no effect on stock returns while simultaneously Price Earnings Ratio (PER) and Price to Book Value (PBV) has no effect on stock returns.