Claim Missing Document
Check
Articles

Found 16 Documents
Search

PENILAIAN RISIKO TERHADAP PERLUASAN PENDAPATAN NON-BUNGA PERBANKAN DI INDONESIA Kusuma, Desta Rizky
Optimum: Jurnal Ekonomi dan Pembangunan Vol 5, No 2 (2015)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (268.603 KB) | DOI: 10.12928/optimum.v5i2.7817

Abstract

Growth in non-interest income in excess of interest income on banks in Indonesiabecame the motivation and background in this research. The condition is one of thebank’s efforts to stabilize revenue, or referred to diversify income. Research in thefi eld of bank income diversifi cation, especially in the developed countries give mixedresults and contradictory, while in Indonesia is still relatively little is reviewing thisphenomenon. Aims of the study, the fi rst to test the effect of non-interest income of thebank’s accounting and market risk. Second, examine the effect of non-interest incomefrom fee based on accounting and market risk. The object of research is banking inIndonesia, with a sample of banks listed on the Indonesia Stock Exchange (BEI) fromthe year 2010 to 2012. The research data were mostly obtained from the Stock Exchangeand the Bank of Indonesia Banking Directory (DPI). Non-interest income is proxied bytwo variables: net non-interest income and fee-based revenue. Risk is measured onthe basis of accounting and the market, the risk is proxied by the variable accountingstandard deviation of ROA, while the market risk variable is proxied by the standarddeviation of stock returns.
PERANAN KEPEMIMPINAN DAN MOTIVASI PADA ORGANISASI SERTA IMPLIKASINYA TERHADAP KINERJA ORGANISASI MELALUI KEPUASAN KERJA Kusuma, Desta Rizky
Optimum: Jurnal Ekonomi dan Pembangunan Vol 8, No 1 (2018)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (503.716 KB) | DOI: 10.12928/optimum.v8i1.8919

Abstract

Job satisfaction to be one of the successful performance of the company. Leadership and motivation are factors that can determine a persons job satisfaction. This study wanted to examine the role of leadership in organizational performance. The purpose of this study was to test and prove that employee satisfaction is determined by the role of leadership and employee motivation. The results of this study are expected to provide an evaluation of the importance of the leadership role in creating job satisfaction can drive better organizational performance.
PENILAIAN KINERJA SAHAM PADA PELAKSANAAN IPO DITINJAU DARI UNDERPRICING DAN MARKET OVERREACTION Kusuma, Desta Rizky
Optimum: Jurnal Ekonomi dan Pembangunan Vol 2, No 2 (2012)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (298.222 KB) | DOI: 10.12928/optimum.v2i2.7859

Abstract

This study aims to determine the short-term and long-term stock performance after the IPO and market overreaction symptoms in IDX. In terms of performance shares underprice stocks, short-term performance share is calculated one month after the IPO and long-term calculated six months after the IPO. The data sample are firms listed on the IDX of IPOs in the year 2000 - 2007, obtaining a sample of 102 firms. Based on the analysis, the short-term stock performance post-IPO can provide a positive abnormal return and long stock performance post-IPO will go down or decline (long run underperformance). The results showed no symptoms of market overreaction, because there is no relationship in the opposite pattern of abnormal returns earned on short-term and long term.
PERANAN KEPEMIMPINAN DAN MOTIVASI PADA ORGANISASI SERTA IMPLIKASINYA TERHADAP KINERJA ORGANISASI MELALUI KEPUASAN KERJA Desta Rizky Kusuma
Optimum: Jurnal Ekonomi dan Pembangunan Vol 8, No 1 (2018)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (503.716 KB) | DOI: 10.12928/optimum.v8i1.8919

Abstract

Job satisfaction to be one of the successful performance of the company. Leadership and motivation are factors that can determine a person's job satisfaction. This study wanted to examine the role of leadership in organizational performance. The purpose of this study was to test and prove that employee satisfaction is determined by the role of leadership and employee motivation. The results of this study are expected to provide an evaluation of the importance of the leadership role in creating job satisfaction can drive better organizational performance.
PENILAIAN KINERJA SAHAM PADA PELAKSANAAN IPO DITINJAU DARI UNDERPRICING DAN MARKET OVERREACTION Desta Rizky Kusuma
Optimum: Jurnal Ekonomi dan Pembangunan Vol 2, No 2 (2012)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (298.222 KB) | DOI: 10.12928/optimum.v2i2.7859

Abstract

This study aims to determine the short-term and long-term stock performance after the IPO and market overreaction symptoms in IDX. In terms of performance shares underprice stocks, short-term performance share is calculated one month after the IPO and long-term calculated six months after the IPO. The data sample are firms listed on the IDX of IPOs in the year 2000 - 2007, obtaining a sample of 102 firms. Based on the analysis, the short-term stock performance post-IPO can provide a positive abnormal return and long stock performance post-IPO will go down or decline (long run underperformance). The results showed no symptoms of market overreaction, because there is no relationship in the opposite pattern of abnormal returns earned on short-term and long term.
PENILAIAN RISIKO TERHADAP PERLUASAN PENDAPATAN NON-BUNGA PERBANKAN DI INDONESIA Desta Rizky Kusuma
Optimum: Jurnal Ekonomi dan Pembangunan Vol 5, No 2 (2015)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (268.603 KB) | DOI: 10.12928/optimum.v5i2.7817

Abstract

Growth in non-interest income in excess of interest income on banks in Indonesiabecame the motivation and background in this research. The condition is one of thebank’s efforts to stabilize revenue, or referred to diversify income. Research in thefi eld of bank income diversifi cation, especially in the developed countries give mixedresults and contradictory, while in Indonesia is still relatively little is reviewing thisphenomenon. Aims of the study, the fi rst to test the effect of non-interest income of thebank’s accounting and market risk. Second, examine the effect of non-interest incomefrom fee based on accounting and market risk. The object of research is banking inIndonesia, with a sample of banks listed on the Indonesia Stock Exchange (BEI) fromthe year 2010 to 2012. The research data were mostly obtained from the Stock Exchangeand the Bank of Indonesia Banking Directory (DPI). Non-interest income is proxied bytwo variables: net non-interest income and fee-based revenue. Risk is measured onthe basis of accounting and the market, the risk is proxied by the variable accountingstandard deviation of ROA, while the market risk variable is proxied by the standarddeviation of stock returns.
KEWAJARAN NILAI PASAR SAHAM PERUSAHAAN PASCA RIGHT ISSUE Rifki Khoirudin; Desta Rizky Kusuma
Jurnal Ilmu Ekonomi dan Pembangunan Vol 16, No 1 (2016): Jurnal Ilmu Ekonomi dan Pembangunan
Publisher : Sebelas Maret University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (197.593 KB) | DOI: 10.20961/jiep.v16i1.2316

Abstract

This study aims to estimate the fair value per share of PT BW Plantation Tbk after the company offered right issue. This study is also intended to find out the fair market value per share of PT BW Plantation Tbk post-rights issue. The information used in this study was obtained from secondary data from the financial statements of PT BW Plantation Tbk., which were audited by public accountants and other information available in the financial statements. BW Plantation Tbk., The company's financial statements comparison, and the company's stock price data comparison. The methods of analysis used in determining the fair value per share is the Discounted Cash Flow and Relative Valuation. Discounted Cash Flow analysis was done by: projections of financial statements i.e. balance sheet and income statement, the projected Free Cash Flow to Equity (FCFE), the determination of the discount rate, the determination of Terminal Value, and the estimated fair value of equity. Analysis of Relative Valuation begins with finding the comparison companies in the same business line, select and assign the appropriate multiple of the comparison companies. Multiple used are: Price Earnings Ratio (PER), Price to Book Value (PBV), and Price to Sales Ratio (P / S).Keywords: valuation of shares, rights issue, discounted cash flow, relative valuation
ANALISIS PERBANDINGAN KINERJA KEUANGAN SEBELUM DAN SESUDAH MERGER-AKUISISI PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2015 Dimas Nur Setiantoso Putro; Desta Rizky Kusuma
Jurnal Fokus Manajemen Bisnis Vol. 9 No. 2 (2019)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/fokus.v9i2.1556

Abstract

This study is entitled comparative analysis of financial performance before and after mergers-acquisitions in companies listed on the Indonesia Stock Exchange (IDX) Period 2015. The purpose of this study is to determine differences in financial performance before and after mergers and acquisitions of companies listed on the IDX measured using the ratio Total Asset Turnover, Return On Asset, and Net Profit Margin with Purposive Sampling techniques. This type of data source is secondary data taken from the official website of the Indonesia Stock Exchange (www.idx.co.id). The data taken is the data of financial statements and annual reports and sampling conducted with certain criteria. The population used in this study are companies that have merged and are listed on the Indonesia Stock Exchange, as many as 15 companies. The choice of location or place of research on the Indonesia Stock Exchange (IDX) through the official website www.idx.co.id (2019), the reason for choosing this location is because all data such as financial statements can be trusted. Based on the determined sample criteria from 15 merger-acquisition companies listed on the Indonesian Stock Exchange (IDX), 12 sample companies were obtained that met these criteria. The data analysis method used is descriptive analysis to analyze data by describing or describing the data that has been collected as it is without making conclusions that apply to the public or generalizations. Then the data collected was tested for normality and paired sample t-test with the help of the SPSS 22 application program.
ANALISIS PENGARUH KINERJA KEUANGAN BANK TERHADAP PERTUMBUHAN LABA (STUDI PADA BANK SWASTA DEVISA DI PASAR MODAL INDONESIA PERIODE 2013-2017) Indah Kusumasari; Desta Rizky Kusuma
Jurnal Fokus Manajemen Bisnis Vol. 8 No. 1 (2018)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/fokus.v8i1.1582

Abstract

The purpose of this study is to prove the Influence of Bank's Financial Performance on Profit Growth (Study on Foreign Exchange Private Banks in the Indonesian Capital Market for 2013-2017). The data used in this study were obtained from the Publication of Foreign Exchange Private Bank Financial Reports published in Financial Services Orientation with period 2013-2017. The total population of this study was 44 companies and the number of samples was 21 companies through the purposive sampling stage. The data analysis technique in this study uses panel data multiple regression analysis. Based on hypothesis testing using Partial Test (t), it concluded that Capital Adequacy Ratio (CAR) and Loan to Deposit Ratio (LDR) had no effect on the Growth of Profit, while Non-Performing Loans (NPL) and Operational Costs and Operating Income (BOPO) ) negative effect on Profit Growth (Growth).
ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN TEKSTIL DAN GARMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2014-2016 Nico Anangsyah; Desta Rizky Kusuma
Jurnal Fokus Manajemen Bisnis Vol. 8 No. 2 (2018)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/fokus.v8i2.1594

Abstract

This study aims to determine the analysis of factors affect the capital structure of registered textile and garment companies on the Indonesia Stock Exchange (IDX) for the 2014-2016 period. Variables in this study namely Profitability (ROA), Asset Structure (SA), Sales Growth (PP) and Company Size (SIZE) and Capital Structure (DER). The population in this study is the Textile and Garment company listed on the Indonesia Stock Exchange (IDX) as many as 17 companies later 15 companies were sampled using a purposive technique sampling. The analysis technique used is panel data regression analysis with comparison of t-statistics with t-tables. The results of this study indicate that profitability (ROA) is not positive effect on Capital Structure (DER), t-statistic of 1.386407. Asset Structure (SA) has no positive effect on Capital Structure (DER), statistic equal to 0.296574. Sales Growth (PP) influences positive for Capital Structure (DER), the statistic is 1.873566. Size The company (SIZE) does not have a positive effect on the Capital Structure (DER), statistic at 0.570955.