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Journal : International Journal of Management and Business Economics

The Effect of Debt To Equity Ratio, Current Ratio, Return On Equity on the Company's Share Price PT.Indofood Sukses Makmur Tbk Vevi Ariyanti; Hartono; Yuliasnita Verlandes
International Journal of Management and Business Economics Vol. 1 No. 3 (2023): June
Publisher : CV Putra Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58540/ijmebe.v1i3.379

Abstract

Stock prices in the capital market fluctuate which also causes ups and downs of investor interest to invest in the company. These rates vary from time to time depending on the performance of the Company. Stock prices rise when there is excess demand. However, stock prices also fall when there is excess demand. Therefore, the performance of a company affects the high share price of the company PT.Indofood Sukses Makmur Tbk. The solvency ratio is a ratio that measures how much a company's assets are financed by debt. Part of the solvency ratio included in research material is the ratio of debt to equity. The debt to equity ratio shows how much the equity to debt ratio is used to capitalize the company's assets. The liquidity ratio is an asset that is used in a market that functions in such a way that, the result can be quickly converted into money at the current market price. The higher the current ratio, the better the company's liquidity. The profitability ratio is seen as the influence of the company's stock price as a percentage of return on equity (ROE). ROE measures the return received by company owners (shareholders) from any capital paid to the company in the form of dividends. The research data used is in the form of secondary data in the form of the financial statements of the company PT.Indofood Sukses Makmur Tbk which have been published on the Indonesia Stock Exchange for the period 2015-2019. The sample for this study was 5 financial statements of the company PT.Indofood Sukses Makmur Tbk using a sample determination technique, namely total sampling. The data analysis technique used analysis with the help of the SPSS 25 program. The results showed that the DER variable had a negative and insignificant effect on stock prices, the CR variable had a negative and insignificant effect on stock prices. And the ROE variable had a positive and significant effect on stock prices. the company's share price PT.Indofood Sukses Makmur Tbk.
The Influence of Dividend Policy, Investment Decisions and Funding Decisions on the Value of Infrastructure, Utilities & Transportation Companies Listed on the IDX for the 2019-2021 Period Dwi Rizqi Amalia; Hartono; Yuliasnita Verlandes
International Journal of Management and Business Economics Vol. 1 No. 3 (2023): June
Publisher : CV Putra Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58540/ijmebe.v1i3.395

Abstract

The company as an economic entity has short term and long term goals, in the short term the company aims to generate maximum profits and the long term goal is to increase the value of the company. The Covid-19 pandemic in Indonesia affected the business management of a company in the infrastructure, utilities and transportation sector, which experienced a decline in company performance. Company value as measured by Price Book Value (PBV) for the infrastructure, utilities and transportation sectors has fluctuated from 2019 – 2021. Internal factors include dividend policy, investment decisions and funding decisions. To determine the effect of dividend policy, investment decisions and funding decisions on firm value is the aim of this study. This type of research is a quantitative approach. This study uses secondary data taken through the IDX data website. Sampling method used is purposive sampling. The sample used in this research is 13 companies consisting of the infrastructure, utilities and transportation sectors which are listed on the Indonesia Stock Exchange for the 2019-2021 period. The data analysis technique uses multiple linear regression analysis with the SPSS 25 program. Based on the results of the study, it shows that the dividend policy variable has no effect on firm value, investment decisions have a positive and significant effect on firm value and funding decisions have a significant negative effect on firm value.
The Influence Of Profitability and Dividend Policy On Financial Performance On Share Price (Study On Himbara Banks Listed On The Indonesia Stock Exchange) Period 2018-2021 Retno Ambarsari; Hartono; Yuliasnita Verlandes
International Journal of Management and Business Economics Vol. 1 No. 3 (2023): June
Publisher : CV Putra Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58540/ijmebe.v1i3.396

Abstract

Economic development in an increasingly modern era has undergone substantial changes; in the business sector, it has developed in line with technological developments, and in the banking sector, which has gone public. This study aims to determine the effect of profitability and dividend policy on financial performance on stock prices at Himbara banks listed on the Indonesian stock exchange. This research uses multiple linear regression methods assisted by data analysis software, namely SPSS 25. The sampling technique used in this research is a saturated sample with a process that uses all population members as samples. The model used in this study was Himbara Bank which consisted of 4 banks, namely Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), State Savings Bank (BTN), and Bank Mandiri. The study results show that profitability partially significantly affects stock prices. It can be seen from the NPM results, which have a t count of 3.264 > t table (2.178) with a probability of 0.009 (p <0.05), ROA with a t count value of 2.595> t table (2.178) with a probability of 0.027 (p <0.05), ROE t count - 2.966> t table (2.178) with a probability value of 0.014 (p <0.05). Dividend policy partially has a significant effect on stock prices. It can be seen from the results (DPS) with a t count of 8,190> t table (2.178) with a probability of 0,000 (p <0.05). As well as profitability and dividend policy simultaneously have a significant influence on the price of Himbara bank shares listed on the Indonesian stock exchange. It can be seen that the result of the F count is 40.304 > F table (3.74), which means that the variable profitability and dividend policy simultaneously affect the stock price.
Financial Ratios Analysis Using The Z-Score Altman Method In Measuring Financial Performance To Predict Bankruptcy In Sharia General Banking (Case Study Of Islamic Banking Companies Listed On The Indonesia Stock Exchange In 2020-2021) Eka Ayu Anggraini; Hartono; Yuliasnita Verlandes
International Journal of Management and Business Economics Vol. 1 No. 3 (2023): June
Publisher : CV Putra Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58540/ijmebe.v1i3.400

Abstract

This study aims to predict the potential level of corporate bankruptcy. In this study, researchers took the object of Islamic banking companies listed on the Indonesian Stock Exchange. The companies are as follows: PT. Bank Aladin Syariah Tbk, PT. Bank Syariah Indonesia Tbk, PT. Bank BTPN Syariah Tbk and PT. Bank Panin Dubai Syariah Tbk. This type of research uses descriptive quantitative using secondary data sources.The results of the study show that 2020-2021 shows healthy and stable results because the z-score for 2020-2021 is above 2.6 or Z-score > 2.6. That's why PT. Bank Aladin Syariah Tbk, PT. Bank Syariah Indonesia Tbk, PT. Bank BTPN Syariah Tbk and PT. Bank Panin Dubai Syariah Tbk must continue to apply the precautionary principle properly and continue to strive to improve the company's performance in order to avoid potential bankruptcy in the coming year, especially in the era of economic improvement after the Covid-19 pandemic