cover
Contact Name
Firdha Aksari Anindyntha
Contact Email
firdhaaksari@umm.ac.id
Phone
+6282231878288
Journal Mail Official
jofei@umm.ac.id
Editorial Address
Jl. Raya Tlogomas 246 Malang, Indonesia, 65144 Phone 0341-460318 Department of Economic Development, Faculty of Economics and Business, University of Muhammadiyah Malang
Location
Kota malang,
Jawa timur
INDONESIA
Journal of Financial Economics & Investment
ISSN : 29872820     EISSN : 28089413     DOI : https://doi.org/10.22219/jofei.v2i1.19441
Core Subject : Economy,
including financial economics, banking finance, corporate finance, public sector finance, international finance, Islamic finance, financial risk management and analysis, financial accounting and reporting, investment education, investment behavior, public sector investment, private sector investment, portfolio and trade optimization, investment management.
Articles 54 Documents
DAMPAK PERUBAHAN IMBAL HASIL OBLIGASI AMERIKA SERIKAT TERHADAP INDEKS HARGA SAHAM GABUNGAN INDONESIA Dwi Cahyono Aji; Mohammad Faisal Abdullah
Journal of Financial Economics & Investment Vol. 3 No. 1 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i1.21568

Abstract

This study aims to determine the effect of external macroeconomic factors represented by US bond yields, the rupiah exchange rate against the US dollar, and the Standard and Poor's 500 (S&P 500 index) on the Jakarta Composite Stock Price Index with monthly data. The analysis technique used in this study is multiple linear regression analysis. Then do the T test to test the partial effect of the independent variables, F test to test the simultaneous effect of the independent variables and test the coefficient of determination. To find out the feasibility of the research model, a classical assumption test was also carried out. The results of the study are that all independent variables have an overall significant effect on the Jakarta composite index. While partially the United States bond yield variable and the S&P 500 index have a positive and significant effect on the JCI. On the other hand, the rupiah exchange rate variable against the US dollar has a negative and significant effect on the Jakarta Composite Stock Price Index.
ANALISIS PENDAPATAN PETANI PADI MELALUI PROGRAM KREDIT USAHA RAKYAT DI DESA GAMBIRAN, KECAMATAN PRIGEN, KABUPATEN PASURUAN Eka Afrisa Salsabilah Rahmawati
Journal of Financial Economics & Investment Vol. 3 No. 1 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i1.22604

Abstract

This study aims to analyze the income of rice farmers through the people's business credit program in Gambiran Village, Prigen District, Pasuruan Regency. The population in this study was rice farmers in Gambiran village. This study uses primary data with saturated sampling, with the provisions in this study as many as 75 people, meaning that all farmers are used as research samples. The data collection technique uses a questionnaire which then uses multiple linear regressions. The results showed that the variable land area, credit for business, and the number of workers had a significant positive effect on the income of rice farmers.
ANALISIS PERBANDINGAN RASIO KESEHATAN BANK TERHADAP KINERJA KEUANGAN PADA BANK KONVENSIONAL DAN BANK SYARIAH Anisa Salwa Wulansari; Aris Soelistyo; Zainal Arifin
Journal of Financial Economics & Investment Vol. 3 No. 1 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i1.21576

Abstract

Banks as financial institutions need to maintain their performance in order to operate optimally. Moreover, Islamic banks must compete with conventional banks which are dominant and growing rapidly in Indonesia. This increasingly sharp and tight competition must be accompanied by good and orderly management in order to survive in the banking industry for a long time. One of the factors that must be considered by a bank in order to survive is the bank's financial performance. Comparison of the financial performance of conventional banks and Islamic banks is carried out using financial ratios in the form of the dependent variable ROA and the independent variables CAR, NPL/NPF, LDR/FDR taken from annual reports for the 2011-2020 periods. The analysis technique used panel regression. The result obtained is that there is a significant difference in the level of bank soundness between conventional banks and Islamic banks. Based on a comparison of financial ratio analysis, the financial performance of conventional banks is better in terms of the LDR/FDR ratio, while the financial performance of Islamic banks is better in terms of CAR and NPL/NPF ratios.
RISK DAN RETURN SAHAM PERUSAHAAN TELEKOMUNIKASI TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021 Novianti Mufidah Karwati; Firdha Aksari Anindyntha
Journal of Financial Economics & Investment Vol. 3 No. 1 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i1.21579

Abstract

The purpose of this study determine the effect of market risk, debt to equity ratio, and earnings per share on stock returns in Telecommunications Sub Sector companies listed on the Indonesia Stock Exchange for 2017-2021 period. The objects in this study are all Telecommunications Sub Sector companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2021 period. This study used a purposive sampling technique in determining the research sample. There are 11 companies were obtained as research samples according to sample criteria. The analytical method used is panel regression. Based on the best model selection test, the model in this study is the random effect model. The results of the study show that market risk has a positive and significant effect on stock returns. While the debt to equity ratio and earnings per share have a significant negative effect on stock returns.
ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PEMBIAYAAN MUSYARAKAH PADA BANK UMUM SYARIAH TAHUN 2017-2021 Taniantari Nur Jannah; Novi Primitasari
Journal of Financial Economics & Investment Vol. 3 No. 1 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i1.21581

Abstract

This research was conducted to discover how influential Supreme Audit Institution (SAI), and Non Performing Financing (NPF) to profit sharing based Musyarakah Financing which collected from quarterly financial report Bank Umum Syariah. The researcher expects to make this research beneficial for the development of the Financial and Banking industry. The data used in this research is a secondary data which is an quarterly financial report Bank Umum Syariah published by Otoritas Jasa Keuangan from 2017-2021 Bank Umum Syariah population. This research uses Multiple Linear Regression analysis technique. After the researcher conducting the research, it found out that, SAI, NPF, also ROA doesn’t significant to the Musyarakah financing.
PENGARUH RETURN ON EQUITY, CURRENT RATIO DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM Muhamad Kadafi; Muhammad Khoirul Fuddin
Journal of Financial Economics & Investment Vol. 3 No. 2 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i2.22998

Abstract

The share price can be said to be the achievement of the company's success, the strength shown by the existence of market trading transactions in the capital market, the transaction is the result of the observations of investors in the achievements of banking companies in obtaining profits. This study aims to examine the effect of Return On Equity, Current Ratio and Debt to Equity Ratio on stock prices of banking companies listed on the Indonesia Stock Exchange. This research uses quantitative descriptive research, research that uses numbers and is secondary data that has been processed and data obtained directly from the company, research that uses numbers and is secondary data that has been processed and data obtained directly from companies. purposive sampling and resulted in a sample of 39 banks. The results of this study show that simultaneously Return On Equity has a significant negative effect, the current ratio has a significant positive effect, Debt to Equity Ratio has a significant positive effect on stock prices and Return On Equity, current ratio, Debt to Equity Ratio has a significant effect simultaneously.
ANALISIS PENGARUH AKTIVA PRODUKTIF TERHADAP LABA PADA BANK UMUM DEVISA Tia Ifanka; Happy Febrina Hariyani
Journal of Financial Economics & Investment Vol. 3 No. 2 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i2.24135

Abstract

This study aims to determine the effect of Earning Assets: Disbursed Loans, Investments in Securities, Placements in Other Banks on Profits at Foreign Exchange Commercial Banks registered with Bank Indonesia (BI) in 2015-2019. The population in this study is the National Private Foreign Exchange Commercial Banks registered with BI during the observation period from 2015 to 2019 which amounted to 41 banking companies. As for the determination of the sample in this study using the census method where all the population was determined as a sample which amounted to 41 National Private Commercial Banks of foreign exchange. The analysis technique uses panel data regression analysis (pooled data). The results of this study are, simultaneously there is a positive and significant influence between loans disbursed, investment in securities and placements in other banks on profits at foreign exchange commercial banks. Meanwhile, partially, those that have a positive and significant influence on Profit are Disbursed Credit and Securities Investment, while those that have a negative and significant influence on Profit are Placements with Other Banks.
PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, NET PROFIT MARGIN DAN INFLASI TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA Desi Wanti Pamungkas; Dw Susilowati
Journal of Financial Economics & Investment Vol. 3 No. 2 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i2.24706

Abstract

This study aims to determine how the effect of the Current Ratio, Debt to Equity Ratio, Net Profit Margin, and Inflation on stock prices both partially and simultaneously in property and real estate companies listed on the Indonesia Stock Exchange. The data in this study used secondary data using research data collection techniques in the form of documentation methods. The samples in this study were 20 property and real estate companies for the 2019-2021 period. The sampling technique in this study used a purposive sampling technique. The data analysis used in this research is panel data regression analysis with the help of the eviews-10 application. The results of testing the hypothesis show that partially or simultaneously the current ratio, debt to equity ratio, net profit margin and inflation have a significant positive effect on the stock prices of property and real estate companies listed on the Indonesia Stock Exchange in 2019-2021.
ANALISIS KINERJA KEUANGAN PT BANK PERKREDITAN RAKYAT JWALITA DI KABUPATEN TRENGGALEK Nabella Oksita Putria; Muhammad Sri Wahyudi
Journal of Financial Economics & Investment Vol. 3 No. 2 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i2.25391

Abstract

Bank is a financial institution whose operations require good financial performance in order to run well.  Similarly, the Rural Bank in its operations must be carried out properly as well as the dominant and rapidly growing conventional banks in Indonesia. One way for the bank to run well is to pay attention to its financial performance. The financial ratios used are the RGEC method which includes NPL, LDR, Good Corporate Governance, ROA, BOPO and Capital taken from the annual report for the 2019-2021 period. The type of data used in this research is primary data using virtual ethnography method. Based on the analysis of the financial ratios of PT Bank Perkreditan Rakyat Jwalita, the financial performance in the RGEC method results in a very good financial condition of the Bank in accordance with the criteria of Bank Indonesia.
ANALISIS PENGARUH KINERJA KEUANGAN DAN NILAI TUKAR TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR Anya Peditha Ashwa
Journal of Financial Economics & Investment Vol. 3 No. 2 (2023): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v3i2.25396

Abstract

The purpose of this study is to analyze the effect of financial performance and exchange rates on stock prices in manufacturing companies listed on the Indonesia Stock Exchange in 2018-2021. The method used in this study is multiple linear regression analysis on panel data using the Eviews 9 analysis tool and using a quantitative approach sourced from IDX data used by 95 companies and 3 manufacturing industry sectors. The results of this study are based on the F test that the variables CR, ROE, DER, PER & exchange rates have a joint effect on stock prices. Whereas in the t test (partial) the variable Return on equity (ROE) affects stock prices. This shows that CR has a positive and insignificant effect on stock prices, ROE & DER have a significant positive effect on stock prices, then PER & Exchange rates have a negative and insignificant effect so that it will have a positive impact on manufacturing companies where these companies are able to reduce the impact caused by the depreciation of the Indonesian exchange rate.