Sawukir Sawukir
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ANALYSIS OF THE EFFECT OF FUNDAMENTAL FACTORS AND ITS IMPLICATIONS ON DIVIDEND PAYOUT RATIO Sawukir Sawukir
EAJ (Economic and Accounting Journal) Vol 3, No 1 (2020): EAJ (Economic and Accounting Journal)
Publisher : S1 Accounting Department, Faculty of Economic, Universitas Pamulang.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32493/eaj.v3i1.y2020.p1-9

Abstract

Fundamental factors have a strong influence on Earning Per Share because fundamental factors indicate the company's financial performance. The purpose of this study was to determine the effect of current ratio (CR), return on equity (ROE) and debt to equity ratio (DER) on earnings per share (EPS) and its implications for the dividend payout ratio (DPR) in pharmaceutical companies in the Malaysian stock exchange period 2012 - 2016 partially and simultaneously.The study was conducted using descriptive statistical methods and panel data regression methods. The sampling technique used was purposive sampling with a sample of 40 samples. The research data is secondary data obtained from www.bursamalaysia.com for the period 2012-2016. Testing the research hypothesis using a common effect model with the e-views version 9 application tool.The results in this study show that the Growth of Current Ratio, Return on Equity, Debt to Equity Ratio, Earning Per Share and Dividend Payout Ratio in pharmaceutical companies fluctuate every year. In Partial Current Ratio there is no significant effect on the variable Earning Per Share. In Partial Return On Equity has a significant effect on Earning Per Share. In real terms Debt to Equity Ratio has no significant effect on Earning Per Share. Simultaneously and together the variables Current Ratio, Return On Equity and Debt To Equity Ratio have a significant effect on Earning Per Share. Partially Earning Per Share has a significant effect on Dividend Payout Ratio.
PENGARUH LIKUIDITAS DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA INDUSTRI PERHOTELAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2016 -2020 Muhamad Nurhamdi; Sawukir Sawukir; Nurmono Nurmono
EKONOMI KEUANGAN DAN BISNIS Vol 8, No 1 (2023): Ekombis Sains: Jurnal Ekonomi, Keuangan, dan Bisnis
Publisher : Universitas Sang Bumi Ruwa Jurai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24967/ekombis.v8i1.1720

Abstract

Penelitian ini dilakukan untuk mengetahui seberapa besar pengaruh rasio likuiditas dan solvabilitas terhadap profitabilitas pada perusahaan perhotelan yang terrdaftar di Bursa Efek Indonesia tahun 2016-2020. Rasio likuiditas diproksikan oleh Current Ratio, sasio solvabilitas diproksikan oleh Debt to Asset Ratio sementara rasio profitabilitas diproksikan oleh Return on Asset. Metode yang digunakan dalam penelitian ini yaitu metode kuantitatif, dan penelitian bersifat asosiatif. Adapun sample yang digunakan merupakan data sekunder, metode pengambilan sample dalam penelitian ini dengan metode purposive sampling, dan untuk analisis data menggunakan model regresi linear berganda dengan menggunakan software eviews 9 untuk pengolahan data. Dalam penelitian menggunakan data panel dan model estimasi yang digunakan yaitu model Fixed Effect Model (FEM). Hasil penelitan menunjukan bahwa secara parsial variabel Current ratio tidak berpengaruh signifikan terhadap Return on Asset, dan Variabel Debt to Asset Ratio berpengaruh signifikan terhadap Return on Asset. Secara simultan dapat diketahui bahwa kedua variabel tersebut yakni Current Ratio dan Debt to Asset Ratio berpengaruh negative signifikan terhadap Return on Asset