Claim Missing Document
Check
Articles

Found 17 Documents
Search

GOOD CORPORATE GOVERNANCE, RISIKO BISNIS DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN Susilo, Anindito; Sulastri, Sulastri; Isnurhadi, Isnurhadi
Jurnal Analisis Bisnis Ekonomi Vol 16 No 1 (2018): Volume 16, Nomor 1, April 2018
Publisher : Universitas Muhammadiyah Magelang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (624.721 KB)

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Good Corporate Governance (GCG), Risiko Bisnis dan Kinerja keuangan terhadap nilai perusahaan. Sampel penelitian ini adalah perusahaan yang termasuk dalam daftar saham index LQ45 pada periode 2014,2015 dan 2016. Penelitian ini menggunakan data sekunder yaitu data laporan tahunan perusahaan dengan jumlah sampel adalah 101 yang melibatkan 34 perusahaan. Teknik analisis pada penelitian ini menggunakan teknik Struktural Equation Modeling (SEM). Hasil perhitungan menunjukkan bahwa GCG tidak berpengaruh terhadap kinerja keuangan perusahaan dan risiko bisnis memililki pengaruh terhadap kinerja keuangan. Hubungan variabel yang lain menyatakan bahwa GCG tidak berpengaruh terhadap peningkatan nilai perusahaan, kinerja keuangan memiliki dampak positif dan signifikan terhadap nilai perusahaan. GCG tidak berpengaruh terhadap nilai perusahaan menunjukkan bahwa indikator yang digunakan yaitu insentif eksekutif ukuran direksi dan jumlah komisaris independen tidak memberikan sinyal kepada investor untuk menaikan nilai sahamnya.
GOOD CORPORATE GOVERNANCE, RISIKO BISNIS DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN Susilo, Anindito; Sulastri, Sulastri; Isnurhadi, Isnurhadi
Jurnal Analisis Bisnis Ekonomi Vol 16 No 1 (2018): Volume 16, Nomor 1, April 2018
Publisher : Universitas Muhammadiyah Magelang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (624.721 KB) | DOI: 10.31603/bisnisekonomi.v16i1.2132

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Good Corporate Governance (GCG), Risiko Bisnis dan Kinerja keuangan terhadap nilai perusahaan. Sampel penelitian ini adalah perusahaan yang termasuk dalam daftar saham index LQ45 pada periode 2014,2015 dan 2016. Penelitian ini menggunakan data sekunder yaitu data laporan tahunan perusahaan dengan jumlah sampel adalah 101 yang melibatkan 34 perusahaan. Teknik analisis pada penelitian ini menggunakan teknik Struktural Equation Modeling (SEM). Hasil perhitungan menunjukkan bahwa GCG tidak berpengaruh terhadap kinerja keuangan perusahaan dan risiko bisnis memililki pengaruh terhadap kinerja keuangan. Hubungan variabel yang lain menyatakan bahwa GCG tidak berpengaruh terhadap peningkatan nilai perusahaan, kinerja keuangan memiliki dampak positif dan signifikan terhadap nilai perusahaan. GCG tidak berpengaruh terhadap nilai perusahaan menunjukkan bahwa indikator yang digunakan yaitu insentif eksekutif ukuran direksi dan jumlah komisaris independen tidak memberikan sinyal kepada investor untuk menaikan nilai sahamnya.
KEPUTUSAN INVESTASI, PENDANAAN, DAN DIVIDEN TERHADAP NILAI PERUSAHAAN DENGAN RISIKO BISNIS SEBAGAI VARIABEL MEDIASI Yuliani Yuliani; Isnurhadi Isnurhadi; Samadi W. Bakar
Jurnal Keuangan dan Perbankan Vol 17, No 3 (2013): September 2013
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (235.715 KB) | DOI: 10.26905/jkdp.v17i3.755

Abstract

This study aimed to analyze: the effect of investment decisions on firm value, the role of business risk as amediating effect investment decisions on firm value, the effect of financing decisions on firm value, the role ofbusiness risk as a mediating effect decisions financing on firm value, effect of dividend decisions on firm value,the role of business risk as a mediating effect dividend on firm value the effect of business risk on firm value.The research was conducted in the companies listed in Indonesia Stock Exchange (IDX). The observationperiod was 2009-2011. Based on the criteria population defined, the sampling method was census. The numberof analyzed samples were 18 companies. Data analysis was path analysis. The research findings were: theinvestment decisions could increase firm value, business risk did not have mediating effect on relationshipbetween investment decisions and firm value, the funding did not increase firm value, business risk as a fullmediation had an effect on relationship of funding and firm value, dividend decision did not have effect onfirm value, business risk did not have mediating effect on relationship between dividend decisions and firmvalue, business risk could increase firm value.
Effects of Stakeholder Engagement and Corporate Governance on Integrated Reporting Disclosure Isnurhadi Isnurhadi; Kurnia Widya Oktarini; Inten Meutia; Mukhtaruddin Mukhtaruddin
Indonesian Journal of Sustainability Accounting and Management Vol 4, No 2 (2020): December 2020
Publisher : Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28992/ijsam.v4i2.129

Abstract

Integrated reporting (IR), one of the latest developments in organizational reporting practices, collates important financial and non-financial information in an integrated and concise manner. This study aims to investigate the effects of stakeholder engagement and corporate governance on IR disclosure. In this study, stakeholder engagement was proxied by ownership concentration, the effective tax rate, leverage, and employee compensation, while corporate governance was proxied by the independent board of directors, frequency of audit committee meetings, and gender diversity. Using purposive sampling methods, the sample was selected from a population of companies listed on the LQ45 Index of the Indonesian Stock Exchange. A total of 22 companies that were consistently listed on the LQ45 index during the period 2013–2016 were selected. Panel data regression was employed to analyze the collected data. The results show that only employee compensation had a significant positive effect on IR disclosure while the other variables did not have any significant effect. The results of this study could be used to select the variables that companies must consider when preparing for their IR disclosure to stakeholder. 
THE EFFECT OF DEBT TO EQUITY RATIO AND RETURN ON EQUITY ON STOCK RETURN WITH DIVIDEND POLICY AS INTERVENING VARIABLES IN SUBSECTORS PROPERTY AND REAL ESTATE ON BEI Dina Nurhikmawaty; Isnurhadi Isnurhadi; Marlina Widiyanti; Yuliani Yuliani
Edunomic : Jurnal Ilmiah Pendidikan Ekonomi Fakultas Pendidikan dan Sains Vol 8, No 2 (2020): EDISI SEPTEMBER
Publisher : FKIP Unswagati

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33603/ejpe.v8i2.3531

Abstract

ABSTRACTDebt to Equity Ratio (DER) and Return on Equity (ROE) to stock returns with dividend policy as an intervening variable on property and real estate companies listed on the Indonesia Stock Exchange in 2014-2018. This type of research is quantitative. This research population publishes all property and real estate companies listed on the Indonesia Stock Exchange. The sampling technique used is purposive sampling. The data contributed to the research of 54 companies, and obtained a sample of 18 companies. Data analysis method used is path analysis (path analysis) using the multiple test. Based on the results of data analysis, it shows that: (1) Debt to Equity Ratio (DER) does not affect stock returns; (2) Return on equity (ROE) has a significant effect on stock returns; (3) Debt to Equity Ratio (DER) has a significant effect on Dividend Payout Ratio (DPR); (4) Return on equity (ROE) has a significant effect on Dividend Payout Ratio (DPR); (5) Dividend Payout ratio (DPR) can mediate the effect of Debt to Equity Ratio (DER) on stock returns; (6) Dividend payout ratio (DPR) can mediate the effect of return on equity (ROE) on stock returns.Keywords:Debt to Equity Ratio (DER), Return on equity (ROE), Stock Returns, Dividend Payout Ratio (DPR), Dividend Policy
Liquidity, asset quality, and efficiency to sustainable growth rate for banking at Indonesia Stock Exchange Syapril Junaidi; Sulastri Sulastri; Isnurhadi Isnurhadi; Mohamad Adam
Jurnal Keuangan dan Perbankan Vol 23, No 2 (2019): April 2019
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (545.208 KB) | DOI: 10.26905/jkdp.v23i2.2699

Abstract

The focus of the bank to increase profit. However, the increase in profit is not important to focus on because the sustainability of growth is more important. Measure the level of sustainable growth is an important factor that needs attention as a reflection for the performance of a bank. The measurement uses the concept of growth called the Sustainable Growth Rate (SGR). This study aims to provide empirical evidence on the effect of liquidity proxy Loan to Funding Ratio (LFR), asset quality proxy by Non-Performing Loan (NPL) and efficiency proxy by Operating Cost to Operating Income (BOPO) toward SGR. The sampling technique is purposive based on the criteria so that the selected 22 banks with the study period 2012-2107. Unit analysis as much as 132 observations. The analysis of data using panel data regression. The findings of the study showed that LFR, NPL, and BOPO had a significant negative effect on SGR. The implications of research that SGR becomes important as it relates to the bank's strategy to continue to grow and continue in order to expand its business maximally while maintaining internal and external funding sources.JEL Classification: G2, G21DOI: https://doi.org/10.26905/jkdp.v23i2.2699
Kinerja Saham Perusahaan Sebelum dan Sesudah Stock-Split di Bursa Efek Indonesia Isnurhadi Isnurhadi
JURNAL MANAJEMEN DAN BISNIS SRIWIJAYA Vol 8, No 16 (2010): Jurnal Manajemen dan Bisnis Sriwijaya
Publisher : Program Studi Magister Manajemen FE Unsri

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (349.945 KB) | DOI: 10.29259/jmbs.v8i16.7948

Abstract

This research is an even study that was conducted by analyzing the performance of stocks 5 days before and after stock’s split. The objective of this research is to investigate and analyze the change of the stocks’ performance after being split. In this case, the stock’s performance is measured in term of stock price, stock return, and stock trading volume. To analyze the change in performance of stock split, signaling theory is used where stock split is deemed as a signal to investors that the company has a good prospect in the future. The sample comprises of companies listed at the Indonesian Exchange that experienced stock split during a period of 2006 to 2008. Sample is selected using purposive sampling. 37 companies’ stocks are selected conforming to the criteria. Using paired t-test, the data was analyzed to test whether any significant difference in performance before and after stock split.This research found that there is a significant difference in stock performance before and after stock split. There is a significant price change before and after stock split. The trading volume before the split is also significantly different from after the split with the p-value of 0.006. Finally, in term of stock return there is a significant difference between returns 5 days before split and returns 5 days after split with the p-value of 0.024. In short, the hypotheses that there are significant performances differences in term of stock price, stock return and stock trading volume are supported.Keyword : Stock performance, stock price, stock return and stock trading volume
Pengaruh Kinerja Keuangan Perusahaan Terhadap Return Saham Pada Perusahaan Sektor Makanan dan Minuman Di PT Bursa Efek Indonesia Elly Salim; Isnurhadi Isnurhadi
JURNAL MANAJEMEN DAN BISNIS SRIWIJAYA Vol 9, No 18 (2011): Jurnal Manajemen dan Bisnis Sriwijaya
Publisher : Program Studi Magister Manajemen FE Unsri

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (333.341 KB) | DOI: 10.29259/jmbs.v9i18.7939

Abstract

This research is conducted to obtain the influence financial performance indicators; Return On Equity, Debt to Equity Ratio, Dividend Payout Ratio, Return On Assets, and Earning Per Share  to the stock return of foods and beverage sector at Indonesian Stock Exchange..The sample used in this research is purposive sampling. There have been 15 samples taken from companies listing in Indonesia Stock Exchange. The data used in this study are secondary collected from financial statements.By using 95% of confidence level, it was found that Return On Equity, Debt to Equity Ratio, Dividend Payout Ratio, Return On Assets, and Earning Per Share  significantly affect stock return. For further research, it is axpected to add some new variables effecting stock return.Keyword : Return On Equity, Debt to Equity Ratio. Dividend Payout Ratio, Return On Assets, Earning Per Share, Stock return
Social Disclosure and Profitability: Study in Indonesian Companies Fida Muthia; Isnurhadi Isnurhadi
JEMBATAN Vol 16, No 1 (2019)
Publisher : Jurusan Manajemen Fakultas Ekonomi Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jmbt.v16i1.9333

Abstract

We tried to investigate the causal relationship between profitability and corporate social responsibility disclosure.  We choose listed companies under Kompas100 index as our sample to test whether profitability ‘granger cause’ CSR disclosure and whether CSR disclosure ‘granger cause’ profitability. We conduct multiple regression analysis to see the effect. ROA, ROE and NPM are used as the proxy for profitability and the number of lines in sustainability report as the proxy for CSR disclosure.  We find that there is no link between profitability and CSR disclosure and that profitability is not the main reason for company to publish CSR report.  This study is limited to companies listed in Kompas100 index.  The findings of this study can give insights to the managers and investors that there is no link between profitability and CSR disclosure
PENGARUH PELATIHAN DAN DISIPLIN TERHADAP PRESTASI ATLET CABANG OLAHRAGA BELADIRI KABUPATEN OGAN ILIR SUMATERA SELATA Eko Hermawan; Isnurhadi Isnurhadi; Rudy Noor Muktamar
JURNAL ILMU KEOLAHRAGAAN Vol 20, No 1 (2021): JURNAL ILMU KEOLAHRAGAAN
Publisher : Fakultas Ilmu Keolahragaan Unimed

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24114/jik.v20i1.26292

Abstract

Penelitian ini mengkaji pengaruh variabel Pelatihan Dan DisiplinTerhadap Prestasi Atlet Cabang Olahraga Beladiri Kabupaten Ogan Ilir Provinsi Sumatera Selatan. Penelitian ini bertujuan untukmengetahui bagaimana pengaruh Pelatihan Dan DisiplinTerhadap Prestasi Atlet Cabang Olahraga Beladiri Kabupaten Ogan Ilir Provinsi Sumatera Selatan. Variabel bebas dari penelitian ini adalah Pelatihan Dan Disiplinsedangkan variabel terikatadalahPrestasi Atlet. Penelitian ini menggunakan data primer yang berupa kuesioner yang diberikan kepada responden. Teknik analisis yang digunakan adalah metode analisis regresi linier berganda.Bedasarkan hasil penelitian dapat disimpulkan bahwaPelatihan Dan Disiplin berpengaruh positif dan signifikan 64,3% terhadap Prestasi Atlet Cabang Olahraga Beladiri Kabupaten Ogan Ilir Provinsi Sumatera Selatan. dan 35,7% diperngaruhi oleh variabel lain.Dalam penelitian ini juga menyarankan kepada organisasi Cabang Olahraga Beladiri Kabupaten Ogan Ilir Provinsi Sumatera Selatan. dan pihak lainnya agar melakukan penelitian lebih lanjut untuk mengetahui faktor – faktor lainnya yang dapat mempengaruhi Prestasi Atlet Cabang Olahraga Beladiri Kabupaten Ogan Ilir Provinsi Sumatera Selatan