Jurnal Ilmiah Econosains
Not a member yet
188 research outputs found
Sort by
THE EFFECT OF ROA, NPM, EVA, AND MVA ON STOCK RETURN ON MANUFACTURING COMPANIES IN THE AUTOMOTIVE SUBSECTOR 2010-2019: THE EFFECT OF ROA, NPM, EVA, AND MVA ON STOCK RETURN ON MANUFACTURING COMPANIES IN THE AUTOMOTIVE SUBSECTOR 2010-2019
Full text linkThis study aims to determine the effect of ROA, NPM, EVA, and MVA on stock returns in automotive manufacturing companies for the 2010-2019 period. The sample of this research is 7 manufacturing companies in the automotive sub-sector for the 2010-2019 period in Indonesia (38 observations). This research uses unbalanced panel data with a Fixed Effect Model approach. The theory used in this research is signal theory. Testing the data using panel data regression test, classical assumption test, coefficient of determination test, and hypothesis t-test. The test results show that Return On Assets (ROA) has a significant positive effect partially on stock returns, while Net Profit Margin (NPM), Economic Value Added (EVA), and Market Value Added (MVA) partially have a negative effect on stock returns
DETERMINANTS OF TRADERS' INCOME IN TRADITIONAL MARKET GAMPING SLEMAN YOGYAKARTA
No full textThis study aims to analyze the factors that influence the income of traders in the Gamping traditional market, Sleman Regency, Special Region of Yogyakarta. The variables used are business capital, education, business location, trader services, and length of business. The research data type is primarily obtained through a questionnaire given to 102 traders in the Gamping Traditional Market. This study uses a quantitative approach with multiple linear regression methods. The test results show that business capital, trader services, business location, and length of business have a partial effect on market trader income with a probability value of <0.05. In comparison, the education variable does not affect the income of market traders, with a probability value of > 0.05
FACTORS AFFECTING THE FIRM VALUE OF PROPERTY AND REAL ESTATE COMPANIES: EVIDENCE FROM INDONESIA AS LISTED ON THE INDONESIAN STOCK EXCHANGE
Full text linkThe purpose of this paper is to examine the factors affecting firm value of property and real estate companies in Indonesia. This study is to estimate the relationship between asset structure, profitability, liquidity, firm size, and firm value. Property with an emphasis on housing development and construction, besides being one of the sectors that absorbs many workers, also has a long multiplier effect. This study investigates the factors affecting firm value listed on the Indonesian Stock Exchange.
This research is based on four independent variables with four measurements that were empirically examined for their relationship with firm value. These variables are asset structure (as measured by Fixed Asset Ratio/FAR), profitability (Return on Asset/ROA), liquidity (Current Ratio/CR), firm size (Log Natural Total Asset), and firm value (as measured by Price to Book Value (PBV). The population of this research was property and real estate companies listed on the Indonesian Stock Exchange (IDX) in 2017–2020. Data of eighteen property and real estate companies listed on the Indonesia Stock Exchange from 2017–2020 have been extracted from companies’ annual reports. Pooled ordinary least squares regression and fixed effects or random effect models have been used to analyze the data.
The findings show that the asset structure as measured by Fixed Asset Ratio (FAR), profitability (ROA), and firm size (SIZE) has a significant effect on firm value. While liquidity (CR) has no significant effect on firm value (PBV). Furthermore, the regression coefficient of Return on Assets provides the largest contribution to firm value.
Due to data availability, the data include only property and real estate companies listed in the Indonesian Stock Exchange. This study may not have included all important financial and stock market performance indicators.
These results benefit not only for internal users such as managers, shareholders, and employees but also for investors, creditors as external users. For internal users this result is beneficial to the determinants of enhancing the firm value of their company. For external users also may gain advantages from these results to make financial decisions. It is clear that a significant impact happened upon this new policy implementation, and on how Indonesian property and real estate companies increase their firm value in the future.
This study differs from previous one in many ways; first, it focuses on property and real estate companies in Indonesia. Previous studies have concentrated on different countries and companies in other sectors, such as manufacturing, banking, and other industrial organizations. Second, this study analyzes the data from property and real estate companies’ annual reports from 2017 to 2020. Third, the study has made use of FAR, ROA, CR and TA as indicators of fundamental factors. Finally, the results of the study provide empirical evidence that firms with a degree of asset structure, profitable operations, and adequate company size, ultimately enhance firm value
FDI, EXCHANGE RATE, AND EXPORT NEXUS AUTOMOTIVE INDUSTRY IN INDONESIA: A GRANGER CAUSALITY APPROACH
No full textThis study aims to analyze FDI, Exchange Rate, and Export in the Automotive Industry in Indonesia. Data used from 2006 -2019 with the VAR method. The results obtained in this study are the three variables that do not have a cointegration relationship so the estimation uses the VAR model. Furthermore, the Granger Causality test results show that there is a one-way relationship for each variable. The causal relationship, namely FDI affects the exchange rate, exports affect the exchange rate. VAR test results show that the entry of FDI and the exchange rate does not significantly affect exports. Furthermore, FDI significantly affects the exchange rate, this is because of the integrated trading model with low Exchange Rate volatility. For this reason, it is very important to note the direction of capital inflows, which are used to finance domestic expenditure or finance accumulated capital in the traded or non-traded sectors. If capital inflows are used to finance domestic consumption, it must increase purchasing power and demand for goods traded. The study provides a descriptive picture for the Islamic pension fund provider and government to set a product based on the Muslim attitude and expectation. As far as we are concerned, there is only a small number of research on analyzing FDI, Exchange Rate, and Export but in this research specific on Automotive Industry evidence from Indonesia. This article can give contribution to policy.Penelitian ini bertujuan untuk menganalisis FDI, Nilai Tukar, dan Ekspor pada Industri Otomotif di Indonesia. Data yang digunakan dari tahun 2006 -2019 dengan metode VAR. Hasil yang diperoleh dalam penelitian ini adalah ketiga variabel tersebut tidak memiliki hubungan kointegrasi sehingga pendugaannya menggunakan model VAR. Selanjutnya, hasil uji Granger Causality menunjukkan bahwa terdapat hubungan satu arah untuk setiap variabel. Hubungan sebab akibat yaitu FDI mempengaruhi nilai tukar, ekspor mempengaruhi nilai tukar. Hasil uji VAR menunjukkan bahwa masuknya FDI dan nilai tukar tidak berpengaruh signifikan terhadap ekspor. Selanjutnya FDI berpengaruh signifikan terhadap nilai tukar, hal ini dikarenakan model perdagangan yang terintegrasi dengan volatilitas Nilai Tukar yang rendah. Untuk itu, sangat penting untuk diperhatikan arah arus masuk modal yang digunakan untuk membiayai pengeluaran dalam negeri atau membiayai akumulasi modal di sektor-sektor yang diperdagangkan atau tidak diperdagangkan. Jika arus modal masuk digunakan untuk membiayai konsumsi domestik, maka harus meningkatkan daya beli dan permintaan barang yang diperdagangkan. Kajian ini memberikan gambaran deskriptif bagi penyedia dana pensiun syariah dan pemerintah untuk menetapkan suatu produk berdasarkan sikap dan harapan umat Islam. Sejauh yang kami ketahui, hanya sedikit penelitian yang menganalisis FDI, Nilai Tukar, dan Ekspor tetapi dalam penelitian ini khusus pada bukti Industri Otomotif dari Indonesia. Artikel ini dapat memberikan kontribusi terhadap kebijakan
Pengaruh Non Performing Financing, Beban Operasional Pendapatan Operasional, dan Ukuran Perusahaan Terhadap Bank Pembiayaan Rakyat Syariah di Indonesia
No full textThis study aims to determine the effect of Non-Performing Financing, Operating Expenses, Operating Income, and Company Size on the Profitability of Islamic Rural Banks in Indonesia. The data collection technique used is the library data source by collecting data using documentation techniques. The affordable population in this study is the Islamic Rural Banks (BPRS), registered with the Financial Services Authority (OJK) in 2018 - 2020 with a total of 144 banks. Data is obtained from the BPRS annual financial report on the OJK website. The sample used was 102 BPRS using the random sampling technique and the Isaac and Michael formula. The results of this study indicate that the NPF has a significant negative effect on profitability because the higher the NPF value, the lower the profitability. Then, the BOPO significantly negatively affects profitability because the higher the BOPO value, the lower the profitability. The company's size does not affect profitability because the more total assets owned, the more costs needed so that profitability decreases. NPF, BOPO, and company size have a significant positive effect on profitability because the higher the value of these three variables, the higher the profitability. The coefficient of determination describes the ability of NPF, BOPO, and company size that affect profitability by 22.8%, while the rest is influenced by other factors that have not been studied.Penelitian ini bertujuan untuk mengetahui pengaruh Non Performing Financing, Beban Operasional Pendapatan Operasional, dan Ukuran Perusahaan terhadap Profitabilitas Bank Pembiayaan Rakyat Syariah di Indonesia. Teknik pengumpulan data yang digunakan adalah sumber data kepustakaan dengan cara pengumpulan data menggunakan teknik dokumentasi. Populasi terjangkau pada penelitian ini adalah Bank Pembiayaan Rakyat Syariah (BPRS) yang terdaftar di Otoritas Jasa Keuangan (OJK) tahun 2018 – 2020 dengan jumlah 144 bank. Data diperoleh dengan mengumpulkan data laporan keuangan tahunan BPRS pada website OJK. Sampel yang digunakan adalah 102 BPRS dengan menggunakan teknik random sampling dan rumus Isaac and Michael. Hasil penelitian ini menunjukkan bahwa NPF berpengaruh negatif signifikan terhadap profitabilitas karena semakin tinggi nilai NPF maka profitabilitas menjadi rendah. Lalu, BOPO berpengaruh negatif signifikan terhadap profitabilitas karena semakin tinggi nilai BOPO maka profitabilitas menjadi rendah. Ukuran perusahaan tidak berpengaruh terhadap profitabilitas karena semakin banyak total aset yang dimiliki maka biaya yang dibutuhkan semakin banyak sehingga profitabilitas mengalami penurunan. NPF, BOPO, dan ukuran perusahaan berpengaruh positif signifikan terhadap profitabilitas karena semakin tinggi nilai ketiga variabel tersebut maka akan terjadi peningkatan pada profitabilitas. Adapun koefisien determinasi menggambarkan kemampuan NPF, BOPO, dan ukuran perusahaan yang mempengaruhi profitabilitas sebesar 22,8% sedangkan sisanya dipengaruhi oleh faktor lain yang belum diteliti
ANALYSIS OF CAPITAL ASSET PRICING MODEL (CAPM) ON HEALTH SECTOR STOCKS AS A GROWING SECTOR DURING THE PANDEMIC
No full textCovid-19 pandemic has changed people's behavior, from initially spending a lot of money to being more active in saving. This pandemic has also increased public interest in investing in line with the desire for financial well-being. Based on KSEI data, this increase in the number of investors is six times higher than at the end of 2017. Capital Asset Pricing Model (CAPM) is a model that can be used to see the expected return in a balanced market. The main objective of CAPM is to assist investors in making optimal stock choices while avoiding risk. This study aims to examine CAPM approach in making investment choices in the health sector. This study uses a quantitative descriptive method. The data used in this study is secondary data in the form of financial reports of health sector companies listed on Indonesia Stock Exchange for the period March 2020 to February 2022. Based on the research results, 18 health sector stocks have a positive average return, 17 stocks are included in the category of efficient stock, and 1 stock is included in the category of inefficient stock. When the stock return exceeds the expected rate of return, then the stock is considered efficient.Pandemi Covid-19 membuat perilaku masyarakat berubah, dari yang awalnya mengeluarkan banyak uang menjadi lebih giat menabung. Pandemi ini pun meningkatkan minat masyarakat berinvestasi seiring dengan kemauan untuk kesejahteraan finansial. Berdasarkan data KSEI peningkatan jumlah investor ini enam kali lipat lebih banyak dibandingkan akhir tahun 2017. Capital Asset Pricing Model (CAPM) merupakan model yang dapat digunakan untuk melihat pengembalian yang diharapkan di pasar yang seimbang. Tujuan utama CAPM adalah untuk membantu investor dalam membuat pilihan saham yang optimal juga menghindari risiko. Penelitian ini bertujuan untuk mengkaji pendekatan CAPM dalam membuat pilihan investasi saham sektor kesehatan. Penelitian ini menggunakan metode deskriptif kuantitatif. Data yang digunakan dalam penelitian ini merupakan data sekunder berupa laporan keuangan perusahaan sektor kesehatan yang terdaftar di Bursa Efek Indonesia periode Maret 2020 hingga Februari 2022. Berdasarkan hasil penelitian, 18 saham sektor kesehatan memiliki rata-rata return yang positif, 17 saham termasuk dalam kategori saham efisien, dan 1 saham termasuk dalam kategori saham tidak efisien. Ketika return saham melebihi tingkat pengembalian yang diharapkan, maka saham tersebut dianggap efisien
THE INFLUENCE OF ORGANIZATIONAL COMMITMENT AND WORK MOTIVATION TOWARD ORGANIZATIONAL CITIZENSHIP BEHAVIOR
Full text linkThis study aims to determine the effect of organizational commitment and work motivation on organizational citizenship behavior on employees of The Bogor Regency Transportation Service. The research method used is a survey method with a descriptive approach. The population in this study found 357 employees with a research sample of 189 honorary employees. The data analysis technique used is multiple linear regression analysis using the SPSS v.25.0 programs. The results showed that organizational commitment and work motivation had a positive and significant effect on organizational citizenshipbehavior by 60.2% and the remaining 39.8% were influenced by other variables not examine
English
No full textThis study used Rasch Model Analysis to investigate the entrepreneurial orientation of Generation Z entrepreneurs in Greater Jakarta. In addition, the current study determines if there are substantial variations in entrepreneurial attitude across Gen Z entrepreneurs based on their degree of education. This quantitative study evaluated entrepreneurial orientation among 217 entrepreneurs of Generation Z in Greater Jakarta, Indonesia. The questionnaire has three dimensions and fourteen entrepreneurial orientation indicators. Person Measure Analysis, a subset of Rasch Model Analysis, was used to filter responses for bias. The findings of this study indicate that the entrepreneurs of Generation Z are exceptionally entrepreneurially minded. Moreover, it was shown that bachelor's degree holders were less entrepreneurial than high school graduates. This study's findings have practical implications for developing entrepreneurship education in higher education institutions to attain learning effectiveness. Furthermore, this study attempts to contribute by giving empirical evidence for the claimed relationship between educational degree and entrepreneurial orientation. The research is focusing on Generation Z. This study asserts the necessity of developing entrepreneurial experiential learning for Indonesian entrepreneurs of Generation Z.Penelitian ini menggunakan Analisis Model Rasch untuk mengetahui orientasi kewirausahaan pengusaha Generasi Z di Jabodetabek. Selain itu, studi saat ini menentukan apakah ada variasi substansial dalam sikap kewirausahaan di seluruh pengusaha Gen Z berdasarkan tingkat pendidikan mereka. Studi kuantitatif ini mengevaluasi orientasi kewirausahaan di antara 217 pengusaha Generasi Z di Jabodetabek, Indonesia. Kuesioner memiliki tiga dimensi dan empat belas indikator orientasi kewirausahaan. Analisis Ukuran Orang, bagian dari Analisis Model Rasch, digunakan untuk menyaring tanggapan untuk bias. Temuan penelitian ini menunjukkan bahwa wirausahawan Generasi Z sangat berjiwa wirausaha. Selain itu, ditunjukkan bahwa pemegang gelar sarjana kurang berwirausaha dibandingkan lulusan sekolah menengah. Temuan penelitian ini memiliki implikasi praktis untuk mengembangkan pendidikan kewirausahaan di perguruan tinggi untuk mencapai efektivitas pembelajaran. Selanjutnya, penelitian ini mencoba untuk berkontribusi dengan memberikan bukti empiris untuk menjelaskan hubungan antara gelar pendidikan dan orientasi kewirausahaan. Penelitian ini berfokus pada Generasi Z. Penelitian ini menegaskan perlunya mengembangkan pembelajaran pengalaman kewirausahaan bagi pengusaha Indonesia Generasi Z
Pengaruh Praktik Kerja Industri Dan Kompetensi Kejuruan Terhadap Kesiapan Kerja Dengan Mediasi Efikasi Diri Pada Siswa Kelas XII Kompetensi Keahlian Akuntansi Di SMK Negeri Jakarta Selatan
No full textThis research was conducted with the aim of knowing the effect of industrial work practice, vocational competence, and self-efficacy on job readiness and the effect of industrial work practice and vocational competence on job readiness through self-efficacy in Class XII students of Accounting Skills Competence at the South Jakarta State Vocational High School. This research is a quantitative research with survey method. The population used is 174 with a sample of 114 students. The data analysis technique used is influence analysis or path analysis through the SPSS 24 program. The research results obtained, namely there is a positive and significant influence on industrial work practices, vocational competence, and self-efficacy on job readiness partially, and there is a positive and significant influence on practice industrial work on job readiness through self-efficacy and vocational competence on job readiness through self-efficacy.Penelitian ini dilakukan dengan tujuan untuk mengetahui pengaruh praktik kerja industri, kompetensi kejuruan, dan efikasi diri terhadap kesiapan kerja serta pengaruh praktik kerja industri dan kompetensi kejuruan terhadap kesiapan kerja melalui efikasi diri pada siswa Kelas XII Kompetensi Keahlian Akuntansi Di SMK Negeri Jakarta Selatan. Penelitian ini merupakan penelitian kuantitatif dengan metode survei. Populasi yang digunakan berjumlah 174 dengan sampel 114 siswa. Teknik analisis data yang digunakan adalah analisis pengaruh atau analisis jalur melalui program SPSS 24. Hasil penelitian yang diperoleh, yaitu terdapat pengaruh positif dan signifikan praktik kerja industri, kompetensi kejuruan, dan efikasi diri terhadap kesiapan kerja secara parsial, serta terdapat pengaruh positif dan signifikan praktik kerja industri terhadap kesiapan kerja melalui efikasi diri dan kompetensi kejuruan terhadap kesiapan kerja melalui efikasi diri
ANALYSIS OF INTEGRATED VILLAGE PLANNING TOWARDS INDEPENDENT VILLAGE IN KECAMATAN CILELES, LEBAK BANTEN DISTRICTN
Full text linkThis research was conducted in order to participate in advancing the Cileles Lebak Banten District, the purpose of this study was to identify the problems faced by the Cileles Banten District in order to become an Independent Village so that a concrete picture would be obtained about the extent of the obstacles to being able to get to an independent village, Members of the population. from the research were the Village Heads in Cileles Lebak Banten District. This research uses qualitative analysis methods. Three villages that have been able to make plans to become independent villages, the research sample is 12 villages in the Cileles sub-district using surveys and questionnaires using Google Form.This research was conducted to participate in advancing the Cileles Lebak Banten District, the purpose of this study was to identify the problems faced by the Cileles, Banten District to become an Independent Village so that a concrete picture would be obtained about the extent of the obstacles to being able to get to an independent village, members of the population. From the research was the Village Heads in Cileles, Lebak Banten District. This research uses qualitative analysis methods. Three villages that have been able to make plans to become independent villages, the research sample is 12 villages in the Cileles sub-district using surveys and questionnaires using Google Form.
Keywords: Planning, Integrated village, Independent villag