1,720,962 research outputs found
The Influence of Funding Decisions, Institutional Ownership, and Current Ratio on Company Value with Return on Asset as a Moderator for Energy Sector Companies Listed on the Indonesian Stock Exchange
Get PDFThis research aims to analyze the influence of funding decisions, institutional ownership, and current ratio on company value, with return on assets (ROA) as a moderating variable, specifically in energy sector companies listed on the Indonesian Stock Exchange (IDX). The problem addressed is how these financial factors and ROA interact to affect the value of companies in the energy sector. The primary objectives of this study are to assess the impact of these variables on company value and to determine the moderating role of ROA. The research utilizes associative methods, with data collected from secondary sources, such as financial reports published by 52 energy sector companies on the IDX from 2021 to 2023. The data is analyzed using Moderated Regression Analysis (MRA), after conducting classical assumption tests including normality, multicollinearity, and heteroskedasticity. The findings indicate that funding decisions, institutional ownership, and current ratio significantly influence company value, and ROA moderates the relationship between these variables and company value. The results suggest that strategic decisions regarding funding, ownership structure, and liquidity management play crucial roles in enhancing company value, with ROA serving as a pivotal factor in strengthening these relationships
The Influence of Financial Literacy, Locus of Control, and Fintech Payments on Personal Financial Management of Working Millennials in Pontianak City
Get PDFThe rapid advancement of financial technology, especially in fintech payment systems, has significantly shaped the financial behavior of millennials in Pontianak City—an age group that dominates the productive population and actively engages in digital financial services. This study investigates the impact of financial literacy, locus of control, and fintech payments on the personal financial management of employed millennials in Pontianak City. Using a quantitative approach with an associative research design, data were gathered through questionnaires administered to 150 purposively selected respondents and analyzed using multiple linear regression. The findings reveal that financial literacy, locus of control, and fintech payments collectively have a significant influence on personal financial management (F = 46.718; p = 0.000). In partial testing, financial literacy (t = 4.878; p = 0.000) and locus of control (t = 5.288; p = 0.000) exhibit positive and significant effects, while fintech payments show no significant impact (t = 1.333; p = 0.185). The coefficient of determination (R²) is 0.493, indicating that 49.3% of the variation in personal financial management can be explained by these three variables. These results underscore the crucial role of enhancing financial literacy and reinforcing self-control to promote sound financial management among millennials
The Effect of Return on Assets, Return on Equity and Net Profit Margin on Stock Prices with Price Earning Ratio as an Intervening Variable in the Properties and Real Estate Sector Listed on the IDX in 2021-2023
Get PDFThe Indonesian capital market has experienced significant development and plays an important role in supporting the national economy, especially through stock instruments that reflect company performance. This study aims to analyze the effect of Return on Asset (ROA), Return on Equity (ROE), and Net Profit Margin (NPM) on stock prices with Price Earning Ratio (PER) as an intervening variable in Properties & Real Estate sector companies listed on the Indonesia Stock Exchange (IDX) during the period 2021–2023. This study uses a quantitative approach with an associative research type. The data used are secondary data obtained through documentation of the company's financial statements. The study population was 92 companies with a sample of 74 companies that had complete financial data during the study period. The results of the study show that ROA, ROE, and NPM have a significant effect both simultaneously and partially on stock prices through PER. The multiple correlation coefficient test shows a value of 1,000, which means a very strong relationship between variables. The coefficient of determination (R²) value of 1,000 indicates that 100% of the stock price variable can be explained by ROA, ROE, and NPM through PER. The F-test and t-test show significance at the 95% confidence level. This finding indicates the importance of profitability indicators in investment decision making in the property and real estate secto
Return on Assets, Return on Equity, Net Profit Margin, and Book Value Per Share on The Value of Infrastructure Sector Companies Listed on The Indonesian Stock Exchange
No full textThis study aims to identify the effect of Return on Asset (ROA), Return on Equity (ROE), Net Profit Margin (NPM), and Book Value Per Share (BVPS) on firm value in the infrastructure sector listed on the Indonesia Stock Exchange (IDX). The research method used is associative research with data collection techniques through documentation studies using secondary data from the company's published financial statements and other sources. The analysis results show that simultaneously, ROA, ROE, NPM, and BVPS variables have a significant effect on firm value with a contribution of 57.2%. Although partially, these variables do not have a significant effect individually on firm value. This finding supports the signaling hypothesis theory which states that investors consider dividend changes as a signal of good earnings in the future. This study provides a deeper understanding of the factors that influence firm value in the infrastructure sector on the IDX. However, it should be noted that this study has limitations in the use of certain data and analytical methods, so the results should be interpreted in the specific context of this study and can be extended with further research that considers additional factors that may affect the value of these companies.Top of FormBottom of Form
The Influence of Return on Assets, Corporate Social Responsibility, and Managerial Ownership on Company Value with Company Size as a Moderating Variable in Energy Sector Companies Listed on the Indonesia Stock Exchange
Get PDFThis research seeks to examine the effect of Return on Asset, Corporate Social Responsibility, and Managerial Ownership towards Firm Value with Firm Size as a moderator in energy sector firms listed on the Indonesia Stock Exchange (IDX). This research employs an associative method with a purposive sampling technique, and the population of the study is 87 issuers in the energy sector. The results of the Correlation Coefficient Test (R Test) indicate that the independent variables have a very strong relationship with Firm Value, with a 0.999 correlation in the first equation and 1.000 in the second equation. The Coefficient of Determination Test (R²) indicates that Return on Asset, Corporate Social Responsibility, and Managerial Ownership can explain Firm Value by as much as 99.9%, and with the moderating variable Firm Size, its effect reaches 100%. As revealed through the outcome of the Moderated Regression Analysis, Firm Size is able to prove itself as a moderator of the influence of Return on Asset, Corporate Social Responsibility, and Managerial Ownership on Firm Value. The outcome of the Simultaneous Test (F Test) and Partial Test (t Test) also reveals that the variables affect Company Value simultaneously and partially in a significant manner
REVIEW PENYUSUNAN LAPORAN KEUANGAN BERBASIS PSAK NO. 45 (STUDI KASUS PADA UNIVERSITAS MUHAMMADIYAH PONTIANAK)
No full textThe purpose of this study is to apply PSAK no. 45 Non-Profit Organization and compilation of financial reports at the Muhammadiyah Pontianak University. Financial statements, balance sheet and income statement are object of this analysis for the period September 2018 - August 2019. The research method used is descriptive qualitative. The analysis starts by reviewing the financial reports, examining the standards in PSAK, then compiling financial reports and classifying accounts according to PSAK no. 45 standard. The results showed that the University\u27s financial statement is well system, record cash inflows and outflows clearly, has been report Income statement and balance sheets but for the posts, sequences, accounts valuation were not in accordance with PSAK no. 45 Non-Profit Organization. The university does not report cash flow statement and notes on financial statements
The Influence of Deviden Policy, Funding Decisions and Investment Decisions on Company Value with ROE as an Intervening Variable in Industrial Sectors Listed on the Indonesian Stock Exchange
Get PDFThis study examines the effect of funding decisions, dividend policies, and investment decisions on firm value, with Return on Equity (ROE) as an intervening variable in industrial sector companies listed on the Indonesia Stock Exchange (IDX). The industrial sector plays an important role in economic growth, but faces challenges such as falling profits and market pressures. This study uses an associative approach with secondary data collected through documentary studies from 62 industrial companies during 2021-2023. Data analysis includes classic assumption tests and path analysis. The results showed that funding decisions, dividend policy, and investment decisions have a very strong correlation with ROE. These variables, when mediated by ROE, show a stronger relationship to firm value. The F test shows that Dividend Policy, Funding Decisions, and Investment Decisions have a significant effect on ROE, while Dividend Policy, Funding Decisions, and Investment Decisions through ROE as intervening variables do not have a significant effect on the firm value variable. The t-test shows that partially, the dividend policy variable, funding decisions, have no partial effect on ROE, while investment decisions have a partial effect on ROE. Partially, the dividend policy variable, funding decisions, and investment decisions do not have a significant effect on the firm value variable through ROE. Future research is recommended to explore additional variables or use alternative analytical tools to gain more comprehensive insights
The Influence of Net Profit Margin, Return on Assets, and Earnings per Share on Stock Price with Debt to Equity Ratio as a Moderating Variable in the Basic Materials Secto
Get PDFThis study aims to analyze the influence of Net Profit Margin (NPM), Return on Assets (ROA), and Earnings per Share (EPS) on stock prices in companies within the Basic Materials sector, with Debt-to-Equity Ratio (DER) as a moderating variable. The research uses a quantitative approach with an associative type of study. Secondary data were obtained from the annual financial statements of companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. The testing was conducted through Moderated Regression Analysis (MRA), preceded by classical assumption tests. The analysis results show that in the first model, the relationship between NPM, ROA, and EPS with stock prices is moderately strong, with a correlation value of 0.557 and a coefficient of determination of 31%. When DER is included as a moderating variable in the second model, the relationship becomes strong, with a correlation value of 0.670 and the coefficient of determination increases to 44.9%. Simultaneously, NPM, ROA, EPS, and DER along with their interaction terms significantly influence stock prices. The results indicate that NPM, ROA, and EPS each have a positive and significant partial effect on stock prices. DER also has a positive and significant effect. However, the moderating interaction results show that DER significantly moderates the relationship between NPM, ROA, and EPS on stock prices in a negative direction. This means that a higher DER weakens the positive influence of these three financial ratios on stock prices. These findings highlight the importance of optimal capital structure management to avoid diminishing market perceptions of a company’s value. The results suggest that optimal capital structure and operational efficiency are key factors in shaping market perception of firm value
Financial Behavior Mediation Effect On The Influence Of Risk Tolerance And Financial Efficacy On Investment Decisions Of Gen Z In Pontianak City
Get PDFThis study focuses on obtaining an explanation of the influence between the variables of risk tolerance and financial efficacy on the variable of investment decisions using the mediating role of financial behavior. In conducting observations, the researcher applies an associative quantitative research method. This research applies an object of 200 respondents who are Gen Z investors residing in Pontianak City. The analysis of research data was obtained with purposive sampling and Smart-PLS as an analysis tool. The outcome from the research are, directly, Variable risk tolerance & financial efficacy significantly positively affect the financial behavior variable. Then, Investment Decisions are directly influenced by risk tolerance, financial efficacy, & financial behavior variables. Furthermore, there is a mediating role of financial behavior on impact to financial efficacy towards investment decision, but it cannot mediate the impact given by risk tolerance towards investment decision
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