Garuda - Garba Rujukan Digital

Article Per Year (5 Year)

All

Jurnal Keuangan dan Perbankan

jkdp
Website

Published by Universitas Merdeka Malang

ISSN : - EISSN : - DOI : -

Core Subject : Economy,

Economics, Econometrics & Finance

Arjuna Subject : -

Articles 15 Documents

1 2

Search results for , issue "Vol 13, No 1 (2009): January 2009" : 15 Documents clear

PENGUJIAN WEEK-FOUR, MONDAY, FRIDAY DAN EARNINGS MANAGEMENT EFFECT TERHADAP RETURN SAHAM Ambarwati, Sri Dwi Ari
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : UNIVERSITY OF MERDEKA MALANG

The Purpose of this research was to know the empirical impact of days of the weekeffect to daily stock return. It used data of LQ-45 manufacturing companies listed during 2006in Indonesian Stock Exchange and was analyzed using multiple regression through originwithout intercept and dummy variables. The findings were: 1) there was impact in days of theweek effect phenomenon with stock price, it meant the lowest return was on Monday and thehighest return was on Friday; 2) there was no significantly positive impact between week-foureffect with stock price. It meant liquidity could not influence trading activity; 3) there was nosignificantly positive impact between Friday effect and stock price and 4) there was nosignificantly positive impact between Earnings Management effect and stock price. It meantEarnings Management in April could not influence daily stock return.

MANAGING SMALL BUSINESS ENTERPRISE: SOCIAL CAPITAL AND FINANCIAL APPROACH AT REGENCY PROBOLINGGO Harmono, Harmono
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

This study attempted to analyze management model of small business enterprise inProbolinggo regency. Conceptual framework was based on social capital and financial approach.Terms of finance would be analyzed with financial audit, and social capital consisting ofindividual behavior, organization behavior in groups, relationship with others and governmentinstitution which followed local social norms enhancing goals congruence. Research designintegrated both exploratory and confirmatory research. The unit of analysis was small businessenterprise, members of community organization Urban Poverty Project-2 in Probolinggoregency. The finding of research indicated four dimensions representing the managementmodel of small business enterprise. They were: 1) financial factor; 2) skill; 3) disciplines forquality; and 4) relationship factor. The next analysis was adjusted with demography cluster.Based on cluster and factors analysis it could be described that, groups in first cluster were 19%concerning in financial and relational factors. The second cluster was just 5% concerning toskill and discipline for quality. The third cluster consisted of 26% concerning to relational, andthe forth cluster was as the majority members, 50% of the population, concerning in financialand skill factors, and having significantly correlation between educations and income. Thisresult was appropriate to financial and institution audit.

KINERJA KEUANGAN PADA USAHA KECIL MENENGAH PENERIMA DANA BERGULIR MODAL KERJA DI KABUPATEN KEDIRI Jabal Tarik Ibrahim; Hanif Fitria Hapsari
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

The objective of research is to analyze the financial performance of UKM beforeand after receiving Dana Bergulir Modal Kerja. The main data that is collected as secondarydata. Descriptive analysis is used to investigation on company characteristic has received DanaBergulir Modal Kerja, while the financial and marketing are analyzed by using quantitaveanalysis which used financial ratio analysis and different t-test. Result of analysis showed thatthe organized of Dana Bergulir Modal Kerja done by the businessmen who has right target.Theres only one financial ratio index that has real differenciates statistically that is net profitmargin showed that almost the big of UD decreased on that index. Statistically the sellingturnover after receiving Dana Bergulir Modal Kerja. The right empowerment for UKM by DanaBergulir Modal Kerja is done by tanggung rentengsystem.

ANALISIS DEBT FINANCING PADA PERUSAHAAN INTERNASIONAL DAN PERUSAHAAN DOMESTIK YANG TERDAFTAR DI BURSA EFEK INDONESIA Nilmawati Nilmawati
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

The purpose of the research was to analyze and find empirical evidence of theeffect of categories of companies (international and domestic) on the level of debt using in thelisted companies in Indonesian Stock Exchange by controlling variables such as: risk, profitability,size, tangible fixed asset, growth, and agency problem. Multiple linier regression and chowtest were used for instrument analysis. The results showed that firm category did not effect thelevel of debt using, and there were only 2 control variables (profitability and agency) affectingthe level of debt using.

UKURAN PERUSAHAAN, PROFITABILITAS, DAN FINANCIAL LEVERAGE TERHADAP PENGUNGKAPAN TANGGUNG JAWAB SOSIAL PERUSAHAAN HIGH PROFILE DI BEI Herman Darwis
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

This study aimed to give empirical evidence that company size, profitability andfinancial leverage influenced social responsibility disclosure. Research finding proved thatcompany size significantly and positively influenced corporate social responsibility disclosure.It was based on agency theory that the bigger a company was the bigger its agency cost was.To reduce such agency cost, a company tended to disclose information extensively. Companysprofitability had negative and insignificant association. This study was in conflict with legitimacytheory that profitability had a negative influence to corporate social responsibility disclosure.Financial leverage had no influence to corporate social responsibility disclosure. This studyfailed to support agency theory that predicted a company with higher leverage ratio woulddisclose more information because agency cost of a company with such capital structure wouldbe higher.

PERBEDAAN ACTUAL RETURN, ABNORMAL RETURN, TRADING VOLUME ACTIVITY DAN SECURITY RETURN VARIABILITY SAHAM SEBELUM DAN SETELAH MERGER Nurussobakh Nurussobakh
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

A research was needed for knowing how far merger could build positive impact tothe development of a company. By compiling this research, we tried to know the average ofactual return, abnormal return, trading volume activity (TVA) and security return variability(SRV) of share before and after merger in 2006 at the companies listed in BEI. This researchused purposive sampling in defining the samples of research. The period of research was 50days divided into 25 days before merger and 25 days after merger. Besides, the examinationwas done continuously for 40 days, 30 days, 20 days, and 10 days in the period of research toknow how fast merger showed the significant difference to the four variables examined. Theresearch showed that the average of actual return and abnormal return of share of the companieshad gone higher or relative low before and after merger. On the other hand, the average ofTVA had gone higher or relative high and the average of SRV had gone lower down or relativehigh. The statistic showed that there was no significant difference happened to actual return,abnormal return and SRV of share of companies before and after merger. On other hand, TVAof share showed a significant difference based on asymptotic significant.

PENGARUH FREE CASH FLOW, PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP KEBIJAKAN DIVIDEN Muhammad Asril Arilaha
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

The objective of the study was to provide empirical evidence about the effect offree cash flow, profitability, liquidity and leverage toward dividend policy. The population ofthis study was manufacture companies listed in Indonesian Stock Exchange in 2004 2007. Thesampling technique used purposive sampling and the analysis method used was multipleregressions. The result of this study proved that the profitability of a company affected thedividend policy. The bigger company profit was, the bigger dividend share was. A companywhich had profit stability could settle on dividend payment rate certainly and signal the qualityof their profit. While, free cash flow, liquidity and leverage had no effect toward dividend.

PENGGUNAAN PARTIAL DURATION DALAM IMUNISASI PORTOFOLIO OBLIGASI KORPORASI Ali Wardhana; Apriani Dorkas Rambu Atahau
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

Bond investment had been popular recently in Indonesian capital market by theissuance of government retail bond known as Obligasi Ritel Indonesia(ORI). The emergence ofORI in Indonesian bond market had brought into account the need to disseminate many aspectsof bond trading included duration concept that was central in the discussion of bond investment.Previous research done by Widayanti (2007) towards corporate bond traded in Surabaya StockExchange could not immunize the bond portfolio because of the unparallel movement ofinterest rate during the research period. This research aimed at continuing the previous researchby applying different tools of analysis, known as partial duration which was suitable forunparallel movement of interest rate. The result obtained indicated that partial durationcould not be used for the immunization both single and portfolio of bonds. However, it wasfound that by using partial duration to immunize single and portfolio of bonds, the deviationbetween expected and obtained result was somewhat lower compared to Modified duration.

INFLASI DAN TINGKAT BUNGA TERHADAP HARGA OBLIGASI NEGARA RITEL YANG DITERBITKAN PEMERINTAH Asih Widajati
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

The purpose of this research was to analyze the influence of the Inflation andinterest rate to bond price, and that research was important for obligation holder. The IndonesianGovernment Bonds used in this research were ORI 001, ORI 002, and ORI 003. The data wascollected from Indonesian Stock Exchange using documentation data collecting techniqueand data pooling. The analysis method used in this research was Path Analysis method. Theresult from t-test showed that statistically inflation did not significantly influence interest rateand SBI interest rate had significantly influenced bond price. The result of f-test inflation andinterest rate had significant effect to bond price at 50.60%. This research gave importantinformation for obligation holder even in stable economy. The increase of inflation rate andthe decrease of interest rate that were followed by the increase of bond price gave positiveinfluence to stock marketer especially for bond investor. For that purpose the bond holdershould keep the bond until it was due.

INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN Linda Purnamasari; Sri Lestari Kurniawati; Melliza Silvi
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

This paper examined a comprehensive test of the interdependencies amonginvestment decisions, financing decisions and dividend decisions. Three simultaneous equationmodels were used. By applying Two Stage Least Square (2-SLS) technique to 122 firms listed onIndonesian Stock Exchange, it was found out that there was no significant interdepenciesamong firms investment decisions, financing decisions and dividend decisions. Our resultsuggested the causality flow between firms investment decisions and dividend decisions wasbidirectional and positive, the causality flow between investment and financing decisions wasbidirectional and positive, while the causality flow between financing and dividend decisionswas bidirectional and negative.

Page 1 of 2 | Total Record : 15

1 2

Filter by Year

2009 2009

Filter By Issues

All Issue Vol 27, No 2 (2023): April 2023 Vol 27, No 1 (2023): January 2023 Vol 26, No 4 (2022): OCTOBER 2022 Vol 26, No 3 (2022): JULY 2022 Vol 26, No 2 (2022): APRIL 2022 Vol 26, No 1 (2022): January 2022 Vol 25, No 4 (2021): October 2021 Vol 25, No 3 (2021): Juli 2021 Vol 25, No 2 (2021): April 2021 Vol 25, No 1 (2021): January 2021 Vol 24, No 4 (2020): October 2020 Vol 24, No 3 (2020): July 2020 Vol 24, No 2 (2020): April 2020 Vol 24, No 1 (2020): January 2020 Vol 23, No 4 (2019): October 2019 Vol 23, No 3 (2019): July 2019 Vol 23, No 2 (2019): April 2019 Vol 23, No 1 (2019): January 2019 Vol 22, No 4 (2018): October 2018 Vol 22, No 3 (2018): July 2018 Vol 22, No 2 (2018): April 2018 Vol 22, No 1 (2018): January 2018 Vol 21, No 4 (2017): October 2017 Vol 21, No 3 (2017): July 2017 Vol 21, No 2 (2017): April 2017 Vol 21, No 1 (2017): January 2017 Vol 20, No 3 (2016): September 2016 Vol 20, No 2 (2016): Jurnal Keuangan dan Perbankan Mei 2016 Vol 20, No 2 (2016): May 2016 Vol 20, No 1 (2016): January 2016 Vol 19, No 3 (2015): September 2015 Vol 19, No 3 (2015): September 2015 Vol 19, No 2 (2015): May 2015 Vol 19, No 1 (2015): January 2015 Vol 18, No 3 (2014): September 2014 Vol 18, No 2 (2014): May 2014 Vol 18, No 1 (2014): January 2014 Vol 17, No 3 (2013): September 2013 Vol 17, No 2 (2013): May 2013 Vol 17, No 1 (2013): January 2013 Vol 16, No 3 (2012): September 2012 Vol 16, No 2 (2012): May 2012 Vol 16, No 1 (2012): January 2012 Vol 15, No 3 (2011): September 2011 Vol 15, No 2 (2011): May 2011 Vol 15, No 1 (2011): January 2011 Vol 14, No 3 (2010): September 2010 Vol 14, No 2 (2010): May 2010 Vol 14, No 1 (2010): January 2010 Vol 13, No 3 (2009): September 2009 Vol 13, No 2 (2009): May 2009 Vol 13, No 1 (2009): January 2009 Vol 12, No 3 (2008): September 2008 Vol 12, No 2 (2008): May 2008 Vol 12, No 1 (2008): January 2008 Vol 1, No 1 (2000) More Issue

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
-

Editorial Address
-

Location
Kota malang,

Jawa timur

INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name -

Contact Email -

Phone -

Journal Mail Official -

Editorial Address -

Location Kota malang, Jawa timur INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
-

Contact Email
-

Phone
-

Journal Mail Official
-

Editorial Address
-

Location
Kota malang,

Jawa timur

INDONESIA