{"title":"Analisis Struktur Modal Optimal Perusahaan Sub Sektor Farmasi yang Terdaftar di BEI","authors":"Siti Aisah, Radia Purbayati, Rosma Pakpahan","doi":"10.35313/ijem.v2i2.3689","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3689","url":null,"abstract":"The optimal of capital composition is determined between Debt and Capital determining the capital structure policy, taking in accounts the company’s funding needs so as so to maximize from farm value, in the phamaceytical sub sector companes listed oh the IDX for priod 2014-2018, with secondary data from the financial reports of PT KimiaFarma, PT KalbeFarma, PT Industri Jamu dan Farmasi Sido MuncuI, PT TempoScan Pasific, PT Merck, PT Pyridam Farma. uses the cost of capital (COC) and weight aveage cost of capital (WACC). The result shows PT Industri Jamu dan Farmasi Sindo MuncuI was optimal in 2018,PT Tempo Scan Pasific was optimal in 2014, PT Merck Tbk was optimal in 2016 and PT Pyrida Farma was optimal in 2016. PT Kimia Farma and Kalbe Farma not optimal.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117144830","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}
Muhammad Fikry Rivaldy, L. Pratiwi, Banter Laksana
{"title":"Pengaruh Current Ratio dan Inventory Turnover terhadap Return on Asset pada Perusahaan Sub Sektor Semen","authors":"Muhammad Fikry Rivaldy, L. Pratiwi, Banter Laksana","doi":"10.35313/ijem.v2i2.3687","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3687","url":null,"abstract":"This research aims to analyze the effect of Current Ratio and Inventory Turnover on cement sub-sector companies listed on the Indonesia Stock Exchange (BEI) for the period 2012-2019. This research uses a purposive sampling method and obtains a sample of 4 companies. The analysis used to determine the effect of Current Ratio and Inventory Turnover is statistical analysis with the help of Eviews 10 software. Testing is done by linear regression of panel data with independent variables used, namely Current Ratio (CR) and Inventory Turnover (ITO). The results showed that the Current Ratio had no partial effect on Return On Assets and Inventory Turnover had no partial effect on Return On Assets. Current Ratio and Inventory Turnover have a simultaneous effect on Return On Assets.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131757501","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}
Sekar Wulan Wiwitanti, Rosma Pakpahan, Endang Hatma Juniwati
{"title":"Pengaruh ITO dan WCTO terhadap NPM pada Perusahaan Farmasi","authors":"Sekar Wulan Wiwitanti, Rosma Pakpahan, Endang Hatma Juniwati","doi":"10.35313/ijem.v2i2.3688","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3688","url":null,"abstract":"This research aims to description whether there is an influence between Inventory Turnover, Working Capital Turnover to Net Profit Margin (NPM). This research uses quantitative method, so the sample that used in this research is sub-sector’s company of pharmacy that has been listed on the Indonesia Stock Exchange (IDX) for 2014-2018 period . This research used secondary data. Data analysis method used descriptive analysis and statistics analysis with using IBM SPSS 26 software. The results showed that partially, Inventory Turnover has significant effect on Net Profit Margin with positive coefficient and Working Capital Turnover has significant effect on Net Profit Margin with negative coefficient. While, simultaneous Inventory Turnover and Working Capital Turnover has significant on Net Profit Margin with R Square value is 64% and 36% residual was influenced bye other factor outside variabels researched.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129767951","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 Cash Turnover terhadap Return on Assets Pada PT Unilever Indonesia Tbk","authors":"Reivaldo Reivaldo, Ruhadi Ruhadi, Rosma Pakpahan","doi":"10.35313/ijem.v2i2.3686","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3686","url":null,"abstract":"The aims of this research to analyze the effect of Cash Turnover (CTO) on Return on Assets (ROA) at PT. Unilever Indonesia for the period 2012-2019. The data that used in this research is the financial statements of PT. Unilever Indonesia During the 2012-2019 Period. The analysis used to determine the effect of Cash Turnover (CTO) on Return On Assets (ROA) is a verification analysis using SPSS 23.0 software. The results of this research indicate that the Cash Turnover (CTO) variable significantly influences Return on Assets (ROA).","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123645334","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}
Nisa Aulia Asriyana, Radia Purbayati, Benny Barnas
{"title":"Determinan Capital Adequacy Ratio Sebagai Indikator Ketahanan Modal Pada Bank Umum Syariah di Indonesia","authors":"Nisa Aulia Asriyana, Radia Purbayati, Benny Barnas","doi":"10.35313/ijem.v2i2.3697","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3697","url":null,"abstract":"This study aims to analyze the factors that are likely to influence the determination of the Capital Adequacy Ratio (CAR) in Sharia Commercial Banks (BUS) in Indonesia for the 2014-2018 period. These factors include Non Performing Financing (NPF), Financing to Deposit Ratio (FDR), Return on Assets (ROA) and Operational Income Operating Costs (BOPO). The sample of this study is a Sharia Commercial Bank registered with the Financial Services Authority (OJK) from March 2014 to December 2018. Data is obtained from the Publication Financial Report of each Sharia Commercial Bank through the official website of the Financial Services Authority. The analysis technique used is panel data regression analysis. The results of this study indicate that simultaneously the NPF, FDR, ROA and BOPO variables have a significant effect on CAR. Partially the FDR and ROA variables have a significant effect on CAR, while the NPF and BOPO variables don’t have a significant effect on CAR. The findings of this research contribute to Islamic Commercial Banks in the form of an estimation model that serves as an early warning in order to maintain the CAR as an indicator that can illustrate the capital resilience in covering losses that occur due to risky assets.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127850227","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}
Refi Maulida Sari, I. Setiawan, Diharpi Herli Setyowati
{"title":"Pengaruh DER, ROE dan EPS terhadap Harga Saham Perusahaan Konstruksi dan Bangunan di BEI","authors":"Refi Maulida Sari, I. Setiawan, Diharpi Herli Setyowati","doi":"10.35313/ijem.v2i2.3125","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3125","url":null,"abstract":"The problem in this research is the decline stock prices of Construction and Building Companies when infrastructure development projects are intensively implemented. This study aims to determine the effect of DER, ROE, and EPS on the Stock Prices of Construction and Building Companies on the IDX in 2014-2019. The research method uses an associative type of quantitative method with a population of Construction and Building Companies on IDX 2014-2019 and obtained a sample of 8 companies taken through purposive sampling technique. The study was conducted using multiple linear regression analysis with the help of SPSS software version 25. The results show that simultaneously DER, ROE, and EPS have a significant effect on Stock Prices. Partially DER and EPS have a positive and significant effect on Stock Prices while ROE has no positive and significant effect on Stock Prices.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":" 67","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113952714","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":"Return on Assets pada Perusahaan Makanan dan Minuman yang terdaftar di BEI: Studi Pengaruh Current Ratio dan Debt to Equity Ratio","authors":"Aginda Pratiwi, Fatmi Hadiani, L. Pratiwi","doi":"10.35313/ijem.v2i2.3682","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3682","url":null,"abstract":"The aim of this research are to analyze the effect of CR and DER to at food and Beverage listed on BEI (Indonesian Stock Exchange) Period 2014 – 2018.The method used is purposive sampling method is the technique of determinng the sample based on certain critria and considerations. With a total of 8 perusahaan for 5 years from 2014 - 2018. Completing this final project is quantitative. The analytical tool used in this study is with using the of Eviews 10 sofware. The research showed that CR (Current Ratio) are not having significant effect partially to ROA (Return On Assets), therefore, DER (Debt to Equity Ratio) are not having significant effect partially to ROA (Return On Assets), therefore, CR (Current Ratio) and DER (Debt to Equity Rato) are simultaneously react significanly to ROA (Return On Assets).","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"140 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132040067","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}
T. Yuniarti, Hasbi Assidiki Mauluddi, Rosma Pakpahan
{"title":"Pengaruh WCTO Terhadap CR pada Perusahaan Sektor Pertambangan yang Terdaftar di BEI","authors":"T. Yuniarti, Hasbi Assidiki Mauluddi, Rosma Pakpahan","doi":"10.35313/ijem.v2i2.3690","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3690","url":null,"abstract":"This research of aimed to understand the influence of working capital turnover to current ratio of mining company. The population are all mining companies listed on the Indonesia Stock Exchange (BEI) in 2008-2012. There are 5 companies selected using purposive sampling method. This research method use panel data regression with eviews9. The selected panel data regression method is Common Effect Model The result shows that Working Capital Turnover have significant effect on Current Ratio.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129519311","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":"Children’s Health and Asset Endowments in Cameroon","authors":"M. D. Tambi, Peter Arung Etta","doi":"10.35313/ijem.v2i2.3621","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3621","url":null,"abstract":"This study attempts to carry out a comprehensive analysis on “children’s health and asset endowments (AE) in Cameroon”. The objective is to examine the effects of child health on household asset endowments. From the Control Function Model, we compute the result using the combined 2004/2011 demographic and health survey. The result of the Control function shows that child health is positively and significantly associated with the production of HAE. In addition, the relationship between child health and asset indicator is a matter of the male gender while decomposing child health effect on AE for household residence, we realized that it is more an issue of rural household residence due to inadequate provision of public goods. In terms of policy, child health should be included in the new vision of successful asset building so that, families raising children with good health, asset accumulation should start early and last long.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131280361","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}
Fira Ocdalina Fianti, Ine Mayasari, Endang Hatma Juniwati
{"title":"Pengaruh CR dan DER Terhadap ROA Pada Perusahaan Makanan & Minuman","authors":"Fira Ocdalina Fianti, Ine Mayasari, Endang Hatma Juniwati","doi":"10.35313/ijem.v2i2.3684","DOIUrl":"https://doi.org/10.35313/ijem.v2i2.3684","url":null,"abstract":"This research to see effect of liquidity and solvency ratios on profitability in 6 samples of food baverage companies listed on IDX in 2014-2018. The independent variables use are CR, DER. Dependent variables is ROA. The method use in this research is quantitative method. Data collection technique is a method of documentation. Data analysis used is multiple regression analysis using IBM SPSS Statistics 26 software. The Result that the CR parisial has a significant effect on ROA while the DER has no significant effect on ROA. Simultaneously, CR and DER have a positive and significant effect of ROA. Based on the result of the calculation of the coefficient of determination test, it’s know that the R square value is 0,567. Which means that simultaneously the CR and DER variables have an effect on ROA by 56,7%. While the remaining 43,3% is influenced by other variables not axamined in this study.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128888224","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}