{"title":"Proyeksi Harga Wajar Saham Perusahaan Jasa Sektor Properti, Real Estate, dan Konstruksi Bangunan","authors":"Sofi Zulfarida, Dedi Hariyanto, Heni Safitri","doi":"10.29406/JPR.V5I1.1253","DOIUrl":"https://doi.org/10.29406/JPR.V5I1.1253","url":null,"abstract":"The purpose of this study was to determine the intrinsic value, condition of stock prices, the decision to be taken and to determine the projected fair price of the company's shares in the property, real estate, and building construction sectors listed on the Indonesia Eek Exchange (IDX). This research uses quantitative descriptive research. The data used in this study is secondary data, in the form of company financial statements and closing price. The population in this study is the construction and building subsector as many as 70 issuers. The sampling technique uses saturated sampling with a total sample of 30 issuers. The analysis technique used is fundamental analysis through the Price Earning Ratio (PER) approach and the concept of Time Value of Money with the absolute method of Discount Cash Flow (DCF). Research Results through the Price Earning Ratio (PER) approach show that there are 18 issuers with high stock price conditions (overvalued) and there are 12 issuers with low stock prices (undervalued). Research Results using the concept of Time Value of Money with the absolute method Discount Cash Flow (DCF) shows that there are 23 issuers that are in an undervalued position that can be bought and owned by new investors and there are 17 issuers that are in overvalued positions that should not be purchased by investors new. The most prioritized shares are the shares of PT Acset Indonusa Tbk (ACST) with the current market price of Rp. 2,460 and the projected fair price for the next 3 years (2020) is Rp. 6,383.03","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123818724","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
S. Sa’baniah, Dedi Hariyanto, Neni Triana Maswardi
{"title":"PENGARUH BAURAN PEMASARAN TERHADAP KEPUTUSAN ORANG TUA DALAM MENYEKOLAHKAN ANAKNYA DI TK MUJAHIDIN 2 PONTIANAK KECAMATAN PONTIANAK TIMUR","authors":"S. Sa’baniah, Dedi Hariyanto, Neni Triana Maswardi","doi":"10.29406/JPR.V5I1.1259","DOIUrl":"https://doi.org/10.29406/JPR.V5I1.1259","url":null,"abstract":"The purpose of this study is to determine the effect of marketing mix on the decision of parents to send their children to the Institute of Kindergarten Mujahidin 2 Pontianak East Pontianak district. The method used in this research is descriptive. Sampling technique using saturated sampling method, the sample used amounted to 95 respondents. The result of research based on simple linear regression analysis with regression equation Ŷ = 1,604+0,642X stated that every increase of one-unit value from marketing mix variable, then value of purchasing decision increase 0,642. The results of research based on the correlation coefficient (R) of 0,547 means there is a strong relationship between the marketing mix with the purchase decision. While the results of research based on the coefficient of determination (R2) of 0.229 means the influence of marketing mix of purchasing decisions amounted to 22,9% and the remaining 771% influenced by other factors not examined in this study. While the feasibility test model (Test F) states that a simple linear regression model can be used to predict purchasing decisions that are influenced by the marketing mix with a value of F arithmetic 39,735 greater than the value of F table 3.94 or 39,735 > 3.94. Thus, it can be concluded that marketing mix variables have a significant effect on purchasing decisions","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133868627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ridha Anggiashandra, S. Samsuddin, Neni Triana Maswardi
{"title":"ANALISIS PENGARUH KEPUASAN TERHADAP LOYALITAS ANGGOTA PADA UNIT SIMPAN PINJAM KOPERASI PRAJA NIRMALA (KPN) KABUPATEN KETAPANG","authors":"Ridha Anggiashandra, S. Samsuddin, Neni Triana Maswardi","doi":"10.29406/JPR.V5I1.1245","DOIUrl":"https://doi.org/10.29406/JPR.V5I1.1245","url":null,"abstract":"The purpose of this study was to determine the effect of satisfaction on loyalty of Members of the Savings and Loans Unit of the Praja Nirmala Cooperative, Ketapang Regency. This study uses quantitative methods, the sample used in this study is as many as 77 people with a sampling technique in the form of purposive sampling, which is borrowing a minimum of five months and has become a member of at least two years. The conclusion of this study used data analysis, namely: validity test, reliability test, normality test, simple linear regression analysis, correlation coefficient (R), coefficient of determination (R2), and model feasibility tests, using the help of SPSS 24 application. The result of the linear regression equation is Y = 0.299 + 0.915 X. For the results of the correlation coefficient (R) explains that the correlation value is 0.728 which means that the satisfaction and loyalty of members has a strong enough relationship, while the value of the coefficient of determination (R2) is 0.530 which means the influence satisfaction with the loyalty of members using the services of the Nirmala Praja Cooperative is 53% while the remaining 47% is influenced by other variables not examined in this study.","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"89 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124182110","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pengaruh Corporate Governance Perception Index dan Ukuran Perusahaan Terhadap Harga Saham Perusahaan-Perusahaan yang Terdaftar di The Indonesian Institute of Corporate Governance dan Bursa Efek Indonesia","authors":"S. Suhartono, E. Suryadi, Dedi Hariyanto","doi":"10.29406/JPR.V5I1.1254","DOIUrl":"https://doi.org/10.29406/JPR.V5I1.1254","url":null,"abstract":"The background in this study aims to determine whether there is a partial and simultaneous influence between the Corporate Governance Perception Index (CGPI) and company size on the company's stock price listed in the Indonesian Institute for Corporate Governance (IICG) and the Indonesia Stock Exchange (IDX) period 2014-2016. The sampling technique uses purposive sampling method with a sample of 12 companies that are routinely registered during the 2014-2016 period at IICG and BEI. The method of data collection used is through descriptive research with a quantitative approach. The results of the study show multiple regression equations where Y = -4,266 + 0,30X 1 + 0,511X 2 . Correlation coefficient value (R) is 0.773, so it can be concluded that the relationship between CGPI and company size on stock prices is strong. The results of the R square determination coefficient are 0.597. The partial test results of the influence of firm size can be concluded that the firm size variable does not have a significant effect on stock prices. The partial test results of the influence of CGPI can be concluded that the CGPI variable has a significant effect on stock prices. The results of the f test in testing this hypothesis are shown that together the independent variables have a significant influence on the dependent variable. This can be proven from the Fcount value of 24.447 greater than Ftable of 3.280. So it can be concluded that the CGPI variable and company size have a significant influence on stock prices","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127096314","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pengaruh Bauran Pemasaran Terhadap Keputusan Konsumen Membeli Produk Tenun Nazifah’s Collection Dusun Semberang 1 Kecamatan Sambas","authors":"Nurul Hidayah, S. Samsuddin, Dedi Hariyanto","doi":"10.29406/jpr.v5i1.1256","DOIUrl":"https://doi.org/10.29406/jpr.v5i1.1256","url":null,"abstract":"The objective of this research was to find out the influence of the marketing mix on consumer decisions in buying woven products Nazifah’s Collection Dusun Semberang 1 Kecamatan Sambas. The research method used in this research was descriptive method. The population in this study were consumers who buy woven products Nazifah’s Collection, with sample of 100 consumers. The results of the validity and reliability test showed that all item (statement) were valid and reliable. the results of the normality test showed that the data were normally distributed. The results of simple linear regression analysis showed the equation: Y = 1.036 + 0776X. The results of the correlation coefficient test showed that the R value is 0.631 it can be concluded that the marketing mix has a strong relationship with the decision to purchase woven products Nazifah’s Collection. The results of the coefficient of determination of the value of R 0.398 means that 3.98% of consumers' decisions to buy woven products are influenced by the marketing mix, while the rest (60.2%) was influenced by other variables not examined in this study. The results of the model feasibility test show that the calculated F value is 64.872> F table 3.94. It can be concluded that a simple linear regression model can be used to predict the purchase decisions of woven products Nazifah’s Collection that were influenced by the marketing mix.","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116929677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pengaruh Debt to Equity Ratio, Return On Asset, Net Profit Margin Terhadap Harga Saham Perusahaan yang Tergabung dalam Indeks Bisnis 27","authors":"Istifani Sucimanah, Dedi Hariyanto, Heni Safitri","doi":"10.29406/jpr.v5i1.1263","DOIUrl":"https://doi.org/10.29406/jpr.v5i1.1263","url":null,"abstract":"The purpose of this research is to know the influence of Solvability using Debt to Equity Ratio (DER), Profitability using Return on Asset (ROA) and Net Profit Margin (NPM) to the stock price of a company incorporated in Business Index 27. Sampling technique used in this study is a full sample method. The sample in this research is 27 companies. Analytical techniques used are normality test, multicollinearity, autocorrelation, heteroscedasticity, linearity, multiple linear regression, multiple correlation coefficient (r), the coefficient of determination (R2), hypothesis testing simultaneously by using F test and partially by using t-test. The results of the normality test show all standard distributed data with asymp. Sig. (2-tailed) Unstandardized Residual of 0.188 is higher than 0.05. For simultaneous test results using F, the test shows that the three independent variables DER, ROA, NPM together have no significant effect on the dependent variable (stock price) proved from the value of F arithmetic of 0.191 and had a sig value. Of 0.901 which is higher than 0.05. The result of the partial test by using t-test shows that the three independent variables DER, ROA, NPM has no significant effect on the dependent variable (stock price) proven from the value of t arithmetic DER of 0,531 and has the sig value of 0.600 is more significant than 0.05, the amount of t count ROA of -0.647 and has a sig value. Of 0.524 is higher than 0.05 and the importance of t arithmetic NPM of -0.680 and has a sig value of 0,503 which is higher than 0.05","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"526 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127628825","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ANALISIS NILAI WAJAR SAHAM DAN PEMBENTUKAN PORTOFOLIO PADA SUB SEKTOR PERDAGANGAN ECERAN YANG TERDAFTAR DI BURSA EFEK INDONESIA","authors":"Yuda Pranata, S. Samsuddin, S. Batubara","doi":"10.29406/JPR.V5I2.1265","DOIUrl":"https://doi.org/10.29406/JPR.V5I2.1265","url":null,"abstract":"Purpose in this study is to find the reasonable value shares at subsector retail trade listed on the Indonesian stock, and the formation of portfolio shares at subsector retail trade with Capital Asset Pricing Model (CAPM), and analyzes the difference between intrinsic value and value of the stock market at subsector retail trade listed on the Indonesian stock. Method in this research to count intrinsic value shares whit the ways Dividend Discount Model (DDM), while the formation of portfolio use Capital Asset Pricing Model (CAPM), the result of research showed that the price of stock that is in the market is not shows a value that truth and in the results research no issuers having stock prices being in a condition of balance between intrinsic value and that the value of the market (Correctly Valued), and there is no significant difference where the benefits of natural and value of the market in companies registered on a stock.","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"88 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114285700","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pengaruh TATO, FATO, DAR, dan DER Terhadap ROA pada Indeks IDX30 yang Terdaftar di Bursa Efek Indonesia","authors":"Rian Sofiani, Dedi Hariyanto, Heni Safitri","doi":"10.29406/JPR.V5I1.1255","DOIUrl":"https://doi.org/10.29406/JPR.V5I1.1255","url":null,"abstract":"The company receives additional funds to develop its business by offering and selling part of its shares to the public. The funds obtained are usually used for expansion purposes as well as for debt repayments which are expected to improve the company's financial stability in addition to strengthening the company's working capital structure. The purpose of this study was to determine the effect of Total Assets Turnover (TATO), Fixed Assets Turnover (FATO), Debt to Assets Ratio (DAR), and Debt to Equity Ratio (DER) on Return on Assets (ROA) on the IDX 30 index listed on the Indonesia Stock Exchange. The sampling technique used in this study is the Non Probability method which is by saturating sampling. Based on predetermined sample criteria, a total of 30 companies were obtained. The analysis technique used is normality test, multicollinearity test, autocorrelation test, linearity test, heteroscedasticity test, multiple linear regression analysis, test coefficient of determination (r 2 ), F test (simultaneously), and t test (partially). The results of the normality test showed that all data used as samples were normally distributed with asymp sig. (2-tailed) of 0.539 greater than 0.05. For the results of the determination test shows ROA is influenced by TATO, FATO, DAR, and DER by 81.6%, while the rest is influenced by other factors not examined by 18.4%. For simultaneous testing results using F test shows that the four independent variables, namely TATO, FATO, DAR, and DER together have a significant effect on the dependent variable (stock return) as evidenced by the calculated F value of 27.665 which is greater than F table of 2.92. Whereas for partial testing using the t test shows that the variables FATO, DAR, and DER have no significant effect on ROA while the TATO variable has a significant effect on ROA.","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116170501","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"PENGARUH BAURAN PEMASARAN TERHADAP KEPUTUSAN KONSUMEN MEMBELI KENDARAAN RODA DUA MEREK YAMAHA DI PD. TURBO MOTOR PONTIANAK","authors":"Riski Yuliani, Dedi Hariyanto, Neni Triana Maswardi","doi":"10.29406/JPR.V5I1.1257","DOIUrl":"https://doi.org/10.29406/JPR.V5I1.1257","url":null,"abstract":"The purpose of this study is to determine the effect of marketing mix on consumer decisions to buy two-wheeled vehicles Yamaha brand in PD. Turbo Motor Pontianak. The method used in this research is descriptive. Sampling technique using purposive sampling method, the sample used amounted to 100 respondents. The result of research based on simple linear regression analysis with regression equation Ŷ = 1,210 + 0,737X stated that every increase of one unit value from marketing mix variable, then value of purchasing decision increase 0,737. The results of research based on the correlation coefficient (R) of 0.690 means there is a strong relationship between the marketing mix with the purchase decision. While the results of research based on the coefficient of determination (R2) of 0.476 means the influence of marketing mix of purchasing decisions amounted to 47.6% and the remaining 52.4% influenced by other factors not examined in this study. While the feasibility test model (Test F) states that a simple linear regression model can be used to predict purchasing decisions that are influenced by the marketing mix with a value of F arithmetic 88.947 greater than the value of F table 3.94 or 88.947> 3.94. Thus it can be concluded that marketing mix variables have a significant effect on purchasing decisions.","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"130 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132781837","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pengaruh Operating Leverage, Financial Leverage, dan Combination Leverage Terhadap Earning Per Share Pada Perusahaan Jasa Sub Sektor Properti dan Real Estate Yang Terdaftar di Bursa Efek Indonesia","authors":"Muhammad Faturinaldi, E. Suryadi, Heni Safitri","doi":"10.29406/jpr.v5i1.1247","DOIUrl":"https://doi.org/10.29406/jpr.v5i1.1247","url":null,"abstract":"The purpose of this study was to determine the effect of variable Operating Leverage, Financial Leverage and partial leverage on Earning Per Share. The data used in the study is secondary data, obtained from the IDX, namely the financial statements from 2014-2016. The population used in this study amounted to 48 service companies in the property and real estate sub-sectors that are still listed on the Indonesia Stock Exchange in the 2014-2016 period. The sample selection technique uses purposive sampling method and obtained 41 service companies in the property and real estate sub-sectors used as samples. The data analysis technique used is multiple linear regression analysis. Based on the results of data analysis, partially Operating Leverage had no effect on Earning Per Share, Financial Leverage did not affect Earning Per Share, and Combination Leverage did not affect Earning Per Share. Simultaneous test results show that the regression model can be used to predict Earning Per Share as evidenced by a significant value of F of 0.988. R-Square value of 0.001 shows that the ability of independent variables in explaining the variation of the dependent variable is 0.1% and the remaining 99.9% is explained by other variables outside the research model.","PeriodicalId":220710,"journal":{"name":"JURNAL PRODUKTIVITAS","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132803294","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}