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ANALYSIS OF THE INFLUENCE OF CURRENT RATIO, DEBT TO EQUITY RATIO, NET PROFIT MARGIN AND TOTAL ASSETS TURNOVER ON STOCK PRICES IN REGISTERED PRIMARY CONSUMER GOODS SECTOR COMPANIES ON THE INDONESIAN STOCK EXCHANGE PERIOD 2018-2022 Dedek Adelina Sidebang; Fuji Astuty; Meysa Adesty Br Sebayang; Boydo Simbolon; Anggono
Mount Hope Economic Global Journal Vol. 2 No. 2 (2024)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v2i2.373

Abstract

The Consumer Non-Cyclicals sector is an industrial sector consisting of companies that produce products and services consumed primarily or are non-cyclical in nature. This sector plays an active role in supporting the Indonesian economy and influences the national economic growth. The Consumer Non-Cyclicals sector is expected to grow in line with population growth and increasing income levels. However, investors need to consider many factors before starting their investment activities in the capital market, one of which is the company's valuation. Therefore, it is important for investors to understand how a company's value is reflected in its stock price. Stock price is formed based on supply and demand in the stock market, which is influenced by the interaction of stock sellers and buyers driven by their expectations of company profits, in which case an investor holds ownership rights. There are various types of financial ratios that can be used for various purposes in analysis, but the financial ratios used in this study are liquidity ratio measured by current ratio, solvency ratio measured by debt to equity ratio, profitability ratio measured by net profit margin, and activity ratio measured by total asset turnover, with stock price as the dependent variable. The extent to which the current ratio, debt to equity ratio, net profit margin, and total asset turnover affect stock prices is the focus of this research. Purposive sampling method is used in this analysis to obtain data from 125 out of 20 Consumer Non-Cyclicals sector companies listed on the IDX for the years 2018-2022. Hypotheses are evaluated using a series of tests employing linear regression analysis. The findings of hypothesis testing for the period 2018-2022 reveal that the current ratio, debt to equity ratio, net profit margin, and total asset turnover ratios collectively (simultaneously) affect the stock prices of Consumer Non-Cyclicals sector companies listed on the IDX for the years 2018-2022. This means that the research model is worthy of continuation in subsequent analyses. Furthermore, partially throughout the period 2018-2022, the current ratio and debt to equity ratio in Consumer Non-Cyclicals sector companies listed on the IDX for the years 2018-2022 do not have a significant impact on stock prices, while net profit margin and total asset turnover ratios in Consumer Non-Cyclicals sector companies listed on the IDX for the years 2018-2022 have a significant impact on stock prices.
Pengaruh Work-Life Balance Dan Time Pressure Terhadap Kinerja Auditor Anggono; Teng, Sauh Hwee; Nasution, Siti Aisyah; Irawan, Ari; Tarwiyah, Tarwiyah
Owner : Riset dan Jurnal Akuntansi Vol. 8 No. 4 (2024): Artikel Research Oktober 2024
Publisher : Politeknik Ganesha Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33395/owner.v8i4.2470

Abstract

The problem to be investigated in this research is the declining trend in auditor performance at the HGZ Public Accounting Firm. This research aims to analyze the effect of work-life balance and time pressure on auditor performance at the HGZ Public Accounting Firm. The type of research conducted by researchers is ex post facto. HGZ Public Accounting Firm has 60 auditors in total, and the research sample in this study amounted to 51 auditors who were taken by simple random sampling through a lottery drawing. The data collection technique used to obtain data in this research was used in a questionnaire. The data analysis technique used in this research is multiple linear regression, which consists of outer model analysis for instrument validity and reliability and inner model analysis for testing research hypotheses. The results showed that work-life balance had a positive and significant effect on auditor performance, and time pressure had a positive and significant impact on auditor performance. This study concludes that applying work-life balance and high time pressure will improve auditor performance at the HGZ Public Accounting Firm. The research implication that can be given is that the HGZ Public Accounting firm continues to maintain the time pressure policy because this policy is good and updates the work-life balance policy so that auditor performance increases. Two suggestions can be given to future researchers: use comparative causal research in examining auditor performance and look for homogeneous respondents so that the research results can be widely generalized.