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<![CDATA[Keputusan Berinvestasi dengan Menggunakan Metode Capital Asset Pricing Model (CAPM) pada Perusahaan Indeks LQ 45 Periode 2015 – 2019 ]]>
<![CDATA[Elly Susanti]]>;
<![CDATA[Astuti Astuti]]>;
<![CDATA[Supitriyani Supitriyani]]>
<![CDATA[ Jurnal Akuntansi dan Pajak Vol 21, No 2 (2021): JAP VOL. 21 No. 02, Agustus 2020 - Januari 2021 ]]>
Publisher : <![CDATA[ITB AAS INDONESIA ]]>
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DOI: 10.29040/jap.v21i02.1552
<![CDATA[Tujuan dari penelitian ini adalah menganalisis return dan resiko dengan menggunakan metode CAPM dalam keputusan berinvestasi serta dapat mengelompokkan dan menilai perusahaan indeks LQ 45 berdasarkan tingkat undervalued dan overvalued Penelitian ini menggunakan metode CAPM (Capital Asset Pricing Model) serta mengklasifikasikan dan mengevaluasi perusahaan indeks LQ 45 berdsarkan tingkat undervalued dan overvalued. Jenis penelitian secara kuantitatif deskriptif merupakan jenis penelitian yang diterapkan dalam penelitian ini. Di dalam penelitian ini menggunakan sample jenuh. Pengolahan data dilakukan dengan menggunakan program aplikasi Microsoft Excel. Teknik analisis data yang digunakan adalah menghitung Return Saham, return indeks pasar, beta dan ekspektasi return metode CAPM. Hasil penelitian dengan cara membandingkan nilai beta dengan expected return memiliki hubungan berbanding terbalik. Dari 45 perusahaan tersebut terdapat 13 perusahaan yang Undervalued dan 15 perusahaan yang Overvalued.]]>
<![CDATA[Pengaruh Modal Sendiri, Jumlah Anggota Terhadap Pertumbuhan Koperasi Di Kota Pematangsiantar ]]>
<![CDATA[Supitriyani Supitriyani]]>;
<![CDATA[Khairul Azwar]]>;
<![CDATA[Elly Susanti]]>;
<![CDATA[Astuti Astuti]]>
<![CDATA[ Jurnal Akuntansi dan Pajak Vol 21, No 2 (2021): JAP VOL. 21 No. 02, Agustus 2020 - Januari 2021 ]]>
Publisher : <![CDATA[ITB AAS INDONESIA ]]>
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DOI: 10.29040/jap.v21i02.1540
<![CDATA[The purpose of this research is to determine the effect of own capital and the number of members partially and simultaneous on the growth of cooperatives (SHU) in Pematangsiantar City Cooperative in 2017-2019 periods. Data collection in this study is conducted by interview, observation and documentation methods. The sampling technique uses purposive sampling. The number of samples in this study were 17 cooperatives with the 2017-2019 periods with population of 86. The analysis techniques have been carried outusing simple and multiple linear regression, with the program SPSS 21. The partial test results of the t test show that own capital has a positive and significant effect on SHU while the number of members has a negative and significant effect on SHU. Meanwhile the results simultaneous testing hrough the F test shows that the own capital and the number of members have a positive and significant effect on SHU. The results of the determinant test have an adjusted R square (R2) value of 0.227 which means that the effect of own capital and the number of members on SHU is 22.7% and the remaining 77.3% is explained by variables or other factors not examined in this study, such as loan capital, total deposits, business volume and total assets. Keywords : Own Capital, Number of Members, SHU]]>
<![CDATA[The Accuracy of Balance Model in Predicting Stock Investment During The Covid-19 Pandemic on LQ 45 Index ]]>
<![CDATA[Elly Susanti]]>;
<![CDATA[Nelly Ervina]]>;
<![CDATA[Ernest Grace]]>;
<![CDATA[Sudung Simatupang]]>
<![CDATA[ Organum: Jurnal Saintifik Manajemen dan Akuntansi Vol 4, No 2 (2021): Organum: Jurnal Saintifik Manajemen dan Akuntansi, December 2021 ]]>
Publisher : <![CDATA[Universitas Winaya Mukti ]]>
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DOI: 10.35138/organum.v4i2.193
<![CDATA[In doing investment, an investor certainly avoids risk; thus, the investor needs a model in making predictions to forecast the return of shares. There are two models to predict this: Capital Asset Pricing Capital (CAPM) and Arbitrage Pricing Theory (APT). The purpose of this study is to find out which models are more accurate in determining investment options, especially during the Covid-19 pandemic in companies that are included in the LQ 45 Index group. The population in this study is 50 companies listed in LQ 45 from February 2020 - July 2021. The sampling technique used in this study is purposive sampling. The data used in this study will be processed through Ms.Excel and SPSS Version 21. The data analysis techniques used in this study are the Basic Assumption Test consisting of Normality Test and Homogeneity Test, Mean Absolute Deviation (MAD), and hypothesis testing consisting of independent t-test samples. The results in this study show that Model is accurate in predicting stock returns in the Covid-19 pandemic is a CAPM model this is because the value of MAD CAPM is smaller than mad APT. Furthermore, independent t-test samples showed that H0 was rejected which meant that there was a difference in accuracy between CAPM and APT in calculating the return of LQ 45 shares. The implication of this study are expected to provide references to investors and potential investors as a source of information in decision making to make investments in this pandemic period.]]>
<![CDATA[DAMPAK QUICK RATIO DAN LONG TERM DEBT to EQUITY RATIO TERHADAP NILAI PERUSAHAAN ]]>
<![CDATA[Hery Pandapotan Silitonga]]>;
<![CDATA[Robert Tua Siregar]]>;
<![CDATA[Elly Susanti]]>
<![CDATA[ JURNAL MUTIARA AKUNTANSI Vol 4 No 2 (2019): Jurnal Mutiara Akuntansi Volume 4 No. 2 Tahun 2019 ]]>
Publisher : <![CDATA[UNIVERSITAS SARI MUTIARA INDONESIA ]]>
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<![CDATA[The purpose of this study is to determine the effect of quick ratio (QR) and long term debt to equity ratio (LtDER) on tobacco in cable companies listed on the Indonesia Stock Exchange. The population of this study is the cable sub-sector companies listed on the Indonesia Stock Exchange in the period 2013-2018. Sampling with a purposive sampling method, obtained as many as 5 companies to be sampled. Data analysis techniques used are multiple linear regression, hypothesis testing, correlation coefficient, and coefficient of determination. The results of the quick ratio (QR) research have a negative effect while the long term to debt ratio (LtDER) has a positive effect on tobacco in the Cable Sub Sector Listed on the Indonesia Stock Exchange for the period 2013-2018. This shows that the higher the quick ratio will decrease Tobins'q and the higher the long term debt to equity ratio will increase the Tobins'q obtained.]]>
<![CDATA[Impact Of Liquidity, Leverage And Size Of The Company On Profitability In Retail Trade Sub-Sector Companies Listed On The Indonesia Stock Exchange ]]>
<![CDATA[Widia Astuty]]>;
<![CDATA[Elly Susanti]]>;
<![CDATA[Hery Pandapotan Silitonga]]>
<![CDATA[ International Journal of Educational Research & Social Sciences Vol. 2 No. 4 (2021): August 2021 ]]>
Publisher : <![CDATA[CV. Inara ]]>
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DOI: 10.51601/ijersc.v2i4.129
<![CDATA[The purpose of this study is to analyze the impact of liquidity, leverage and the size of the company on profitability. In this study liquidity is projected on Current Ratio (CR), Leverage is projected on Debt To Equity Ratio (DER), Company size is projected on Size and Profitability is projected on Return on Equity (ROE) This study was conducted on retail trade sub-sector companies during the period 2015-2020, sampling was conducted purposive sampling so that the sample in this study as many as 5 companies. The data is collected using documentation techniques, while data analysis uses classic assumption tests and hypothesis testing. From this study obtained the results that CR, DER and Size have a significant influence simultaneously on profitability. Cr partially has a positive and significant influence on ROE while DER and SIZE have a positive and insignificant influence on ROE.]]>
<![CDATA[Comparison Analysis Of Optimal Portfolio Formation Results Using Single Index Model With Markowitz Model During The Covid 19 Pandemic In LQ 45 Index Company ]]>
<![CDATA[Elly Susanti]]>;
<![CDATA[Nelly Ervina]]>;
<![CDATA[Ernest Grace]]>;
<![CDATA[Liper Siregar]]>
<![CDATA[ International Journal of Educational Research & Social Sciences Vol. 2 No. 5 (2021): October 2021 ]]>
Publisher : <![CDATA[CV. Inara ]]>
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DOI: 10.51601/ijersc.v2i5.177
<![CDATA[Investors with a conservative type have a tendency to avoid risk (avoid risk) can invest their funds. Therefore, a diversification is needed to determine the optimal stock portfolio, including the Markowitz model and the Single Index Model. This study aims to find out the comparison of optimal portfolio formation results by using markowitz model and single index model in the covid 19 pandemic as the object of research there are companies listed in LQ Index 45. For the period used is for 3 periods, namely February 2020 to July 2021. For data processing using the Microsoft Excel application program. The results of the expectations of return and risk from the Markowitz model and single index model show that the portfolio that is better used is the markowitz model because it has a higher return than the single index model.]]>
<![CDATA[Indonesia's Capital Market Reaction During The Announcement Of Large-Scale Social Restrictions (Psbb) Volume Ii On Manufacturing Companies Listed On The Indonesia Stock Exchange ]]>
<![CDATA[Khairul Azwar]]>;
<![CDATA[Elly Susanti]]>;
<![CDATA[Juan Anastasia Putri]]>;
<![CDATA[Supitriyani]]>
<![CDATA[ International Journal of Educational Research & Social Sciences Vol. 2 No. 5 (2021): October 2021 ]]>
Publisher : <![CDATA[CV. Inara ]]>
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DOI: 10.51601/ijersc.v2i5.178
<![CDATA[Since the beginning of the year, the index's performance Combined Share Price (JCI) Tends to decrease and experience Some fluctuations. Some sentiments Affects the movement of JCI. Moment The first two cases of Covid-19 were discovered. On March 2, for example, the price The stock fell 1.68 percent. In fact, down. deeper to 4.9 percent at 23 March in line with concerns market about the spread of the virus [1]. This study aims to determine the difference between Abnormal Return (AR) and Trading Volume Activity (TVA) before and after the Covid-19 pandemic in manufacturing companies listed on the Indonesia Stock Exchange. The research was conducted in manufacturing companies registered with 98 companies from September 2020 to October 2020. Data analysis in this study uses different test paired sample t-test, with the study's results showing an insignificant difference in abnormal return before and after the announcement of PSBB I (Large-Scale-Social Restrictions II). At the same time, there are significant differences before and after the announcement of PSBB I for trading volume activity. The results of this study can have implications for investors and potential investors as a source of information in decision making when investing and as a guideline to conduct an analysis of capital market performance as a basis for choosing companies that can provide large returns when important events such as the Covid-19 case occur.]]>
<![CDATA[Peranan Nilai Perusahaan dalam Memoderator Pengaruh Fundamental terhadap Kinerja Keuangan pada Perusahaan Sektor Aneka Industri ]]>
<![CDATA[Elly Susanti]]>;
<![CDATA[Khairul Azwar]]>;
<![CDATA[Christine Dewi Nainggolan]]>
<![CDATA[ Owner : Riset dan Jurnal Akuntansi Vol. 5 No. 1 (2021): Article Research Februari 2021 ]]>
Publisher : <![CDATA[Politeknik Ganesha Medan ]]>
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DOI: 10.33395/owner.v5i1.351
<![CDATA[IHSG fluctuated from 2015 to 2019 due to the trade war between the U.S. and China resulting in the performance of various industrial sector indices declining. In addition, the factors that cause the decline also come from the company's fundamentals (CR, DAR and TATO) The purpose of this study is to review and analyze the role of the company's value in moderating the fundamental influence of the company on financial performance in multi-industry sector companies recorded in the IDX period 2015 - 2019. The type of research used in this research is quantitative research. The population of 50 issuers uses purposive sampling techniques so that the sample used as many as 19 issuers. Data analysis techniques used are descriptive statistical analysis, classical assumption test, hypothesis test and residual test. The results obtained are known simultaneously the fundamentals of the company (CR, DAR and TATO) have a significant effect. Partially CR and TATO have a positive and significant effect on ROA while DAR has a negative and significant impact on ROA which means that by indicating that the company is able to manage the company's working capital by utilizing the company's assets for operational activities it can improve the company's performance but on the contrary with a high level of debt it will decrease financial performance. While the company's value (PBV) has no role in the influence between the company's fundamentals on financial performance]]>
<![CDATA[ANALISIS STRUKTUR MODAL,PERTUMBUHAN PERUSAHAAN DAN KEBIJAKAN DIVIDEN UNTUK MENINGKATKAN NILAI PERUSAHAAN PADA PT TIMAH (PERSERO), TBK YANG TERDAFTAR DI BURSA EFEK INDONESIA ]]>
<![CDATA[Suci Lestari]]>;
<![CDATA[Yansen Siahaan]]>;
<![CDATA[Elly Susanti]]>;
<![CDATA[Supitriyani Supitriyani]]>
<![CDATA[ SULTANIST: Jurnal Manajemen dan Keuangan Vol 6, No 2 (2018): Desember ]]>
Publisher : <![CDATA[Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar ]]>
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DOI: 10.37403/sultanist.v6i2.125
<![CDATA[The purpose of this research is 1. To find out the description of capital structure, company growth, and dividend policy to increase the value of the company at PT Timah (Persero), Tbk which are listed on the Indonesia Stock Exchange. 2. To find out the factors that caused the company's value to PT Timah (Persero), Tbk to decline. This research was conducted using qualitative descriptive techniques, comparative analysis techniques and inductive analysis techniques. In this research the type of data used are qualitative data and quantitative data. In this research the data source used is secondary data. The technique data collection used is documentation technique. From the results of this study can be concluded that 1. The average capital structure tends to increase, company growth tends to decrease, dividend policy and company value tend to decrease. 2. capital structure increases due to increased long-term debt but not followed by company value, company growth decreases due to increased inventory but not followed by firm value, dividend policy decreases due to retained earnings more than profit distributed to investor as dividend.The results of the study suggest that companies should reduce the use of long-term debt in carrying out their company operations and improve asset management and increase dividend policy to attract the attention of potential investors to invest in the company]]>
<![CDATA[PENGELOLAAN DANA DESA BERDASARKAN PERATURAN MENTERI DALAM NEGERI NOMOR 113 TAHUN 2014 (STUDI KASUS PADA NAGORI KAHEAN KECAMATAN DOLOK BATU NANGGAR KABUPATEN SIMALUNGUN ]]>
<![CDATA[Helwin Effendi]]>;
<![CDATA[Jubi Jubi]]>;
<![CDATA[Elly Susanti]]>;
<![CDATA[Musa Fernando Silaen]]>
<![CDATA[ SULTANIST: Jurnal Manajemen dan Keuangan Vol 7, No 1 (2019): Juni ]]>
Publisher : <![CDATA[Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar ]]>
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DOI: 10.37403/sultanist.v7i1.140
<![CDATA[The results of this research can be concluaded that: 1. Lack of community participation to participate in village fund management planning, this is due to the lack of motivation of the community to participate in the deliberations. Then there was a delay in submitting a draft village regulation that had been agreed to be evaluated. 2. In the implementation, administration, reporting and accountability of village fund management in accordance with PERMENDAGRI Number 113 of 2014, it shows that the principles of participation in management, orderly and disciplined principles, principles of transparency and accountability principles have been carried out properly.The suggestion from this research is that the village government should develop a participatory concept and foster a sense of community motivation by providing education seminars on managing village funds and leading to the implementation of village governance. Then the village government should pay more attention to the applicable regulations in managing village finances in order to realize Good Governance.]]>
