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The Influence of Profitability Against Corporate Value With Capital Structure As Mediation Variables on Agricultural Sector Companies on the Indonesia’s Stock Exchange Simatupang, Limson; ', Haryetti; Wijaya, Errin Yani
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 1, No 2 (2014): wisuda oktober 2014
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

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This study aims to determine the effect of profitability and capital structure partially to the corporate value, to determine the effect of profitability and capital structure simultaneously to the corporate value and to determine the indirect effect of profitability to the corporate value through capital structure. The study population was the entire agricultural sector companies listed in Indonesia Stock Exchange 2009-2012. The population consists of 4 sectors, namely plantations, the livestock sector, fisheries sector, and other sectors. From the four sectors, sample is used in this research consists of 17 companies listed on the Indonesia Stock Exchange in 2009-2012. Samples obtained by purposive sampling to select a sample with certain criteria, so in accordance with research design. To analyse the data using path analysis. The results of this study stated that the profitability has negative effect and a significant on capital structure and have direct influence of 0.1429 or 14.29% . Capital Structure has a significant effect on Corporate Value and have direct influence of 0.2266 or 22.66%. Profitability has no significant effect on the corporate value and have a direct influence at 0.0198 or 1.98%. Profitability has a significant effect to the capital structure, but Profitability has no effect on corporate value, thus the Profitability is not directly influence the corporate value. Profitability will effect the value of the company if it is mediated by the capital structure with the indirect effect of 0.1799 or 17.99%.Keywords: Debt to Equity Ratio, Return on Investment, Corporate Value
Pengaruh Struktur Modal, Profitabilitas, Likuiditas, dan Kepemilikan Manajerial Terhadap Nilai Perusahaan pada Perusahaan Consumer Goods yang Terdaftar di BEI Periode 2008-2012 Prisilia, Indah; Wijaya, Errin Yani; ', Haryetti
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 1, No 2 (2014): wisuda oktober 2014
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

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The purpose of this research is to examine the significant impact of capital structure, profitability, liquidity, and Insider Ownership toward firm value in consumer goods companies which are listed since 2008 up to 2012. Population in observational it is all consumer goods companies listed on Indonesian’s Stock Exchange of 2008 until periods 2012. Sample did by purposive sampling method. With the sampling method is obtained samples used in this research were 31 consumer goods companies. Types of data used is secondary data of Indonesian Capital Market Directory (ICMD). Analysis technique used in this research is the technique of multiple linear regression analysis. The results of this research are show that in simultan, Debt to Equity Ratio (DER), Net Profit Margin (NPM), Qiuck Ratio (QR), and Insider Ownership are influance toward firm value, as parcial only Net Profit Margins (NPM) is significant effect on firm value.Keywords : DER, NPM, QR,Insider Ownership and Firm Value
IMPACT OF GOOD CORPORATE GOVERNANCE AND SUSTAINABILITY DISCLOSURE ON BANKINGS’ FIRM VALUE LISTED IN BEI ', Julya; ', Haryetti; Wijaya, Errin Yani
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 1, No 2 (2014): wisuda oktober 2014
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

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The purpose of the study is to measure the effect of Good Corporate Governance (GCG) and Sustainability Disclosures on Firm Value. In this study, there are 22 companies that made the object of research from 31 banking companies. In order to measuring the Good Corporate Governance and Sustainability Disclosures, the author use an index that use on Tember, Bernardus’s (2012) research by eliminating the indicator that less significantly affect the Firm Value and GRI (Global Reporting Initiative) Index with using Linear Regression, F-Test and t-Test.The test result in this study shows that Good Corporate Governance have a significant effect on Firm Value. This shows that the better Good Corporate Governance will increase the Firm Value, otherwise if Good Corporate Governance get worse, it will decrease the Firm Value. Otherwise, Sustainability Disclosure doesn’t have significant effect on Firm Value it caused by the lack of Sustainability disclosure by companies which causes the Firm Value decreases.Keywords: GCG, Sustainability Disclosures, Global Reporting Initiative
Pengaruh intellectual capital terhadap market value pada perusahaan telekomunikasi yang terdaftar di Bursa Efek Indonesia tahun 2006-2011 Psp, Doni Diwaf; Efni, Yulia; Wijaya, Errin Yani
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 1, No 1 (2014): Wisuda Februari Tahun 2014
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

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This study examined the effect of Intellectual Capital (IC) on financial performance. the variable is the Human Capital Efficiency (HCE), Structural Capital Efficiency (SCE) and Customer Capital Efficiency (CCE) to variable Market to Book Value (MB).The population on this research is the entire of telecommunications sector companies that have go public and listed on the Indonesia Stock Exchange (IDX) during the period of 2006-2011. The sampling technique used was a saturated sampling (census) population in which all members of the research sample. Obtained a total sample of 5 companies. The analysis technique used is multiple regression analysis with the least squares equation, hypothesis testing using the t-statistic and f-statistic with a significance level of 5%, and also performed classical assumption.The results showed that the variables of intellectual capital (human capital, structural capital and customer capital) significantly jointly (simultaneously) to the market value. While partially indicates that the variable Human Capital Efficiency (HCE) and no significant negative effect on Market Value (MB).Keywords: intellectual capital, human capital, structural capital, customer capital, market value.
PENGARUH TINGKAT KESEJAHTERAAN DAN PENGAWASAN TERHADAP SEMANGAT KERJA KARYAWAN PT. RAIH USAHA KARYA MANDIRI PEKANBARU JULIAN, ELVRY; ', Marzolina; Wijaya, Errin Yani
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 3, No 1 (2016): Wisuda Februari 2016
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The study was conducted at PT. Raih Usaha Karya Mandiri Pekanbaru in order to determine and analyze the influence of the level of welfare and supervision of employee morale PT. Raih Usaha Karya Mandiri Pekanbaru. Employee morale is an important component in determining the progress of the company or organization, there are several reasons why employee morale require attention from management, namely, high morale, making the work assigned to him can be solved with a shorter time, can reduce the rate of absenteeism due lazy, makes employees feel senag work, these three things will minimize the possibility of employees to move work to other places In this study, there are three variables, namely, the level of welfare (X1), supervision (X2), and morale (Y). The study population was 61 people, and the samples taken were all employees of PT. Raih Usaha Karya Mandiri Pekanbaru. Collecting data in this study is done by giving questionnaires to the respondents. In terms of data analysis, this study uses linear regression method SPSS version 18. Results of this study there are significant levels of welfare and supervision of employee morale. Welfare is meant is that it can be viewed as a further aid money to employees. Especially payments to those who are sick, money saving assistance to employees, the division in the form of bonuses, insurance, hospitalization, and pensions. And also there is the influence of supervision on employee morale, supervision required, among others, leadership should be more frequent direct supervision to their employees and work assessment among employees, so that employees are supervised felt to be more active and in good working at PT. Raih Usaha  Karya Mandiri Pekanbaru. Keywords: Morale, welfare, and supervision
PENGARUH IKLIM ORGANISASI, PERILAKU KERJA DAN FUNGSI PENGAWASAN TERHADAP KEPUASAN KERJA KARYAWAN PADA PT. BANK MANDIRI CABANG PEKANBARU SUDIRMAN ATAS DI KOTA PEKANBARU Yani, Tri Indah; ', Marnis; Wijaya, Errin Yani
Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 4, No 1 (2017): Wisuda Februari
Publisher : Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi

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This study aims to determine how the effect of Organizational Climate, Work Behavior and Functions of Supervision to Job Satisfaction Employee at PT. Bank Mandiri Cabang Sudirman Pekanbaru. The population in this study were all employees of PT. Bank Mandiri Cabang Sudirman Pekanbaru with totaling 51 people, while the method of sampling is done by using saturation sampling methods and data analysis using multiple linear regression were processed with SPSS version 18.0. From the analyzing the data, simultaneous regression test (f-test) showed that Climate Organizational, Behavior Work and Functions of Supervision have effeect to Job Satisfaction Employee, while the partial test (t-test) Climate Organizational Behavior Work and Function of Supervision have effect on Job Satisfaction At PT. Bank Mandiri Cabang Sudirman Pekanbaru. The contribution of the influence of the independent variables (Climate Organization, Work Behavior and Function of Supervision) to the dependent variable (Employee Satisfaction) amounted to 86.4%. Companies should pay more attention gratification of the employee to work with the maximum example by observing Organizational Climate, Work Behavior and Function of supervision that exist in the company so that employees are more motivated to mendiptakan maximum performance.Keywords : Work Satisfaction, Climate Organization, Work Behavior and Function Supervision
ANALISIS PREDIKSI KEBANGKRUTAN DENGAN MODEL ALTMAN, SPRINGATE, GROVER & ZMIJEWSKI PADA INDUSTRI MANUFAKTUR DI BEI Wijaya, Errin Yani
Jurnal Tepak Manajemen Bisnis Vol 8, No 2 (2016)
Publisher : Jurnal Tepak Manajemen Bisnis

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This research aims to determine inaccuracies some of bankruptcy prediction models which are Altman, Springate, Grover, and Zmijewski in predicting bankruptcy in manufacturing industry in Indonesia Stock Exchange(IDX).This study was conducted on 140 companies listed in the Indonesia Stock Exchange in 2013 using census method. The analytical tool is descriptive analysis.The results showed the entire bankruptcy prediction model failed in predicting the bankruptcy of the manufacturing industry in Indonesia as evidenced by its low percentage compared to the actual bankruptcy prediction has been done before.
PENGARUH BEBERAPA INDEKS HARGA SAHAM DUNIA DAN INDIKATOR MAKRO EKONOMI TERHADAP INDEKS HARGA SAHAM GABUNGAN INDONESIA TAHUN 2005 SAMPAI DENGAN 2014 Harbi, Muhamad; M. Rasuli, M. Rasuli; Wijaya, Errin Yani
Jurnal Tepak Manajemen Bisnis Vol 8, No 1 (2016)
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Capital market in Indonesia in its development has shown its place as part of the economic instruments , which is used as a reference by researchers and practitioners in seeing the picture of the Indonesian economy . Empirical data show that from 2008 to the end of 2012 fluctuations in the Indonesian Composite Stock Price Index (IHSG), which tends to increase. It proves that economic indicators several years after the global crisis indicate the symptoms restoration of confidence is increasing. In general, experts agree that the international stock exchanges interlinked with each other . In this case , usually the larger exchanges will affect the smaller exchanges. Since the growth of the Indonesian capital market quite rapidly, it appears that the capital market in Indonesia is also indicated relatively vulnerable to macroeconomic conditions of the world in general. It is necessary to study factors that influences Indonesian Composite Stock Price Index (IHSG). The global stock indices that used in this study are: the Dow Jones index, Nikkei 225 index, Shanghai Composite Index (SSE), UK : FT100, KLCI, STI index, which taken monthly from January 2005 until December 2014. The macroeconomic indicators that used in this study include oil prices, gold prices, and the exchange rate USD / IDR that taken monthly from January 2005 until December 2014. To determine whether a stock index and global economic indicators have a positive or negative effect on IHSG, a tool already used in this study, which is using multiple linear regression analysis. The results of this study indicate that the Dow Jones index, Shanghai index, UK : FT100 index, KLCI index, and STI Index significantly give the positive effect to IHSG, while the Nikkei 225 index variable, world oil prices, gold prices, and the exchange rate USD/IDR giving negative effect to IHSG. Future studies wishing to examine the influence of multiple indices and global economic indicators of the condition of the Indonesian capital market can add a variable index of Asia Pacific countries such as: Hang Seng Index (Hong Kong), Kospi Index (South Korea), BSE index (India) and macroeconomic variables such as: inflation, BI rate, GDP (Gross Domestic Product).
ANALISIS PERBEDAAN ABNORMAL RETURN DAN VOLUME ERDAGANGAN SAHAM SEBELUM DAN SESUDAH JANUARY EFFECT PADA SAHAM INDEKS LQ 45 DI BURSA EFEK INDONESIA Subhan, Muhammad; Hasan, Amir; Wijaya, Errin Yani
Jurnal Tepak Manajemen Bisnis Vol 8, No 3 (2016)
Publisher : Jurnal Tepak Manajemen Bisnis

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January is the month of the commencement of trading in every year, in this monthinvestors expect to get high returns from the previous year. In January the stock price islikely to increase from the previous month. This phenomenon by investors and capitalmarket analysts are called the January effect. Anomalies January effect can be used byinvestors in making decisions to buy, sell or retain stocks held.Factors that influence theJanuary effect are the selling pressure made by investors at the end of the year to reducetaxes (tax lost selling) and a Window Dressing, this is namely the selling of the stocks thathave performed poorly in the end year conducted by financial managers with the aim toreport the stock portfolio performance reporting at the end of the year will be look good atthe performance. Besides both cases increasing macro economic growth and optimism ofinvestors on government policies also affect the stock price increases earlier in theyear.This study examined differences Abnormal Return and Trading Volume Activitybefore and after the January Effect in LQ 45 stocks in the Indonesia Stock Exchangeperiod 2013 to 2015. This study uses event study analysis model. The method used is theWilcoxon test, a method to determine the difference in abnormal return and trading volumeof the stock before and after the January effect.Results of analysis Wilcoxon test with levelof significance (α), a 5% showed that the difference was significant abnormal returns in2013 and 2014, while the views of the Trading VolumeActivity significant differenceoccurred from 2013 to 2015.
PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN YANG TERDAFTAR PADA CORPORATE GOVERNANCE PERCEPTION INDEX Susanti, Depa; M. Rasuli, M. Rasuli; Wijaya, Errin Yani
Jurnal Tepak Manajemen Bisnis Vol 8, No 1 (2016)
Publisher : Jurnal Tepak Manajemen Bisnis

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The purpose of this research is to disclose influence of applicating Good CorporateGovernance (GCG) to financial performance. A measure of Corporate Governance implementation isCGPI score A measure of corporate performance is Return On Equity (ROE), Return On Investment(ROI) and Earning Per Share (EPS).The statistical method used is simple regression analysis. Sampling was purposive sampling techniqueis the selection of samples with specific criteria, so that samples obtained in this study as ma ny as 9companies. The statistical software used was the software Statistical Product and Service Solutions(SPSS) version 17.00 for Windows with T test, simple linear regression and Classical Assumption Test.The result from this research shows that significant effect on the Implementation of Good CorporateGovernance to Return on Equity and there are no significant effect partial implementation of GoodCorporate Governance to Return On Investment and Earnings Per Share.