{"title":"Return on Asset pada Perusahaan Sub Sektor Farmasi: Studi Pengaruh Sales Growth, Current Ratio dan Net Profit Margin","authors":"Nurfitria Nurfitria, Rosma Pakpahan, Banter Laksana","doi":"10.35313/ijem.v2i3.3196","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3196","url":null,"abstract":"This research aims to explain the effect of Sales Growh, Current Ratio, and Net Profit Margin on Return On Asset in pharmaceutical sub-sector companies listed on BEI in 2015-2020. The research method used is associative method with a quantitative approach. The source of data used is secondary data in the form of annual reports of pharmaceutical companies. Sampling technique is using porposive sampling technique and obtained a total sample of 6 pharmaceutical companies from 11 pharmaceutical companies listed on BEI in 2015-2020. The type of data used is panel dataa. Data analysis in this research is multiple linear regression using IBM SPSS Statisticss25 Software. The result showed that Sales Growth, Current Ratio (CR) and Net Profit Margin (NPM) Simultaneously have a significant effect on ROA. Partially, Sales Growth has a negative and insinigficant effect on ROA. While the Current Ratio(CR) and Net Profit Margin (NPM) have a positive and significant effect on ROA.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125584987","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":"Perbandingan Rasio Profitabilitas Perusahaan Sektor Pertambangan yang Terdaftar di BEI Sebelum dan Selama Pandemi Covid-19","authors":"Fadhil Muhaimin Nadhip, L. Pratiwi, Anny Suryani","doi":"10.35313/ijem.v2i3.3762","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3762","url":null,"abstract":"This study aims to analyze the comparison on profitability ratio towards mining sector companies that are listed in Indonesia Stock Exchange before and during the Covid-19 pandemic for the 2019-2020 period. The research method used is financial ratio different test between before and during Covid-19 pandemic. Financial ratio that is used is profitability ratio consisting of gross profit margin, net profit margin, return on asset, and return on equity. Data analysis using IBM SPSS ver. 25. The result if this study is stated that there is a significant difference towards profitability ratio between before and during the Covid-19 pandemic.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"105 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117296409","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}
Maldania Sundari Dewi, Endang Hatma Juniwati, Ine Mayasari
{"title":"Analisis Modal Kerja dan Profitabilitas Perusahaan BUMN Bidang Jasa Infrastruktur","authors":"Maldania Sundari Dewi, Endang Hatma Juniwati, Ine Mayasari","doi":"10.35313/ijem.v2i3.3770","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3770","url":null,"abstract":"This research aim to find out the effect of cash turnover, receivable turnover, and inventory turnover to the profitability in the state-owned company in infrastructure service sector simultaneosly and partially. The population in this research were the state-owned company in infrastructure service sector in 2017-2021. The quarterly financial report of PT. Waskita Karya (Persero) Tbk., PT. Wijaya Karya (Persero) Tbk., PT. Semen Indonesia (Persero) Tbk., and PT. Jasa Marga (Persero) Tbk. are being used as sample. The research method use descriptive quantitative by performing panel data regression analysis with using a software called Eviews 9. The result showed that simultaneosly, cash turnover, receivable turnover, and inventory turnover have a positive and significant effect on profitability and partially, both of cash turnover and inventory turnover have a negative and significant effect, receivable turnover has a positive and significant effect on profitability in the state-owned company in infrastructure service sector in 2017-2021.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128929897","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 ROE dan DER Terhadap Dividend Payout Ratio pada Industri Barang Konsumsi di Bursa Efek Indonesia","authors":"Wiwin Roslinda Sidebang, A. Nurdin, M. E. Syarief","doi":"10.35313/ijem.v2i3.3163","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3163","url":null,"abstract":"This research was conducted the Financial Statements of the Consumer Goods Industry listed on Bursa Efek IndonesiaIn 2014-2019. The phenomenon occurs is the consumer goods industry experiences fluctuating amount of net profit so Return On Equity (ROE) is the same. Most of the capital cannot meet the amount of debt, which makes the value of Debt to Equity Ratio (DER) high. In addition, companies continue to provide dividends even though experience losses. The purpose of this was to determine effect of ROE and DER on Dividend Payout Ratio (DPR). Using Panel Data Regression Analysis through three approach models, namely common effect, fixed effect and random effect. Chow test, Hausman test and Langrangian multiplier test were carried out to find appropriate approach. The result is that ROE and DER simultaneously have a significant effect on DPR. Furthermore, partially ROE and DER have an effect on DPR.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"90 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133585926","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}
Tresna Pratiwi, Dimas Sumitra Danisworo, M. E. Syarief
{"title":"Dampak Peningkatan Operating Leverage dan Financial Leverage terhadap Profitabilitas pada Perusahaan Industri Barang Konsumsi","authors":"Tresna Pratiwi, Dimas Sumitra Danisworo, M. E. Syarief","doi":"10.35313/ijem.v2i3.3251","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3251","url":null,"abstract":"The purpose of this research are to know the influence of Operating Leverage and Financial Leverage to Profitability in Consumer Goods Industrial Companies listed on IDX for 2015-2019 period. The data used in this research is secondary data that is obtained indirectly from annual report contained on the IDX from 2015-2019. The population in this research are 53 Consumer Goods Industrial Companies listed on IDX in 2015-2019. The research sample was 8 companies using purposive sampling technique. The analytical method used in this research is multiple linear regression analysis using the IBM SPSS 25 application tool. Based on the F test, it is known that simultaneously DOL and DFL affect on profitability. Based on the results of the t test, it is known that operating leverage partially has no effect on profitability and partially financial leverage has a significant negative effect on profitability.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129132505","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 Pengaruh ROE dan DAR Terhadap Harga Saham","authors":"Nova Diella Ebygael Pakpahan","doi":"10.35313/ijem.v2i3.3191","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3191","url":null,"abstract":"This study aims to determine the effect of ROE and DAR on stock prices either simultaneously or jointly and partially or individually at PT Pembangunan Perumahan Properti Tbk for the 2016-2020 period. This study uses a descriptive method with a quantitative approach. The object of this research is PT PP Properti Tbk with secondary data originating from the quarterly financial statements for the 2016-2020 period. Analysis of the data used is multiple linear regression analysis. The results showed that the results of the t-test showed that DAR and ROE partially/individually did not have a significant effect on stock prices. While the simultaneous results of DAR and ROE have a significant effect on stock prices based on the F test.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"99 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122911744","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}
Santa Maria Manungkalit, Dimas Sumitra Danisworo, Banter Laksana
{"title":"Analisis Rasio Profitabilitas untuk Menilai Kinerja Keuangan PT Indofarma (Persero),Tbk","authors":"Santa Maria Manungkalit, Dimas Sumitra Danisworo, Banter Laksana","doi":"10.35313/ijem.v2i3.3739","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3739","url":null,"abstract":"This study aims to analyze the financial performance of PT. Indofarma, Tbk using the profitability ratio approach. Performance research variables use profitability ratios which include Return on Asset Ratio (ROA), Return on Equity Ratio (ROE), and Net Profit Margin (NPM). The method in this study uses quantitative research with a descriptive approach. The focus of this research includes how the profitability ratio analysis can show the financial performance of PT.Indofarma from 2016 to 2020. Based on the results of the company's financial data processing, seen from the company's Return on Assets , it can be concluded that the company's financial performance is not good and the company is less effective in using assets. his. Based on Return on Equity from 2016 to 2020 can seen that the company's financial performance is not good because it is still below the industry standard of 40%. And the value of the Net Profit Margin is said to be still not good because it has not met the industry standard average of 20%. Overall, the financial performance of PT. Indofarma for the last 5 years is not good when compared to industry standards. However, in 2019 and 2020, the company began to increase its sales so that the company's financial performance began to improve even though it was still far from the industry average.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115056358","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 Bank Pembangunan Daerah di Pulau Jawa: Studi pada Efisiensi sebagai Determinan","authors":"Novia Muplihah, D. Hermawan, D. Tamara","doi":"10.35313/ijem.v2i3.3775","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3775","url":null,"abstract":"This study aims to analyze the effect of Non Performing Loan (NPL) and Operating Income Operating Expenses (BOPO) on Return On Assets (ROA) at Regional Development Banks in Java for the period 2011-2020. This title was chosen because during 2020 BPD has not been efficient in disbursing funds because it does not apply the principles of prudence and bank efficiency so that non-performing loans increase. The research method used is associative research with a quantitative method approach. The sampling technique uses a saturated sample so that the total population and sample are the same, namely five Regional Development Banks on the island of Java for the 2011-2020 period. Data processing was carried out using the IBM SPPS Statistics 25 application. The results of the study stated that partially NPL had no effect on ROA, while BOPO had a negative effect on ROA. Meanwhile, simultaneously NPL and BOPO affect ROA.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133304369","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 Saham pada Perusahaan yang Terdaftar di LQ45: Kajian Model Profitabilitas dan Rasio Pasar","authors":"Anastasya Priska Kusuma Dewi, Kristianingsih Kristianingsih, Koernia Purwihartuti","doi":"10.35313/ijem.v2i3.3755","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3755","url":null,"abstract":"This study aims to determine the effect of Return On Assets (ROA), Return On Equity (ROE), and Earning Per Share (EPS) partially or simultaneously on stock returns in companies listed in the LQ45 index on the Indonesia Stock Exchange for the 2016-2020 period. This study uses associative and quantitative research methods. Based on the analysis of the research results, the conclusions are (1) partially Return On Assets has a significant negative effect of 0.008 on Stock Return, (2 ) partially Return On Equity has a significant positive effect of 0.026 on Stock Return, (3) partially Earning Per Share has no and insignificant effect on Stock Return and (4) Simultaneously Return On Assets, Return On Equity, and Earning Per Share has a significant positive effect on Stock Return, as indicated by the calculated F value of 2.814 and the coefficient of determination of 0.10.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133614053","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 Equity Sebagai Antesenden Degree of Operating Leverage dan Degree of Financial Leverage: Studi Empiris pada Perusahaan Makanan dan Minuman","authors":"M. Azis, Muhamad Umar Mai, Rosma Pakpahan","doi":"10.35313/ijem.v2i3.3292","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3292","url":null,"abstract":"The aim of this research are to know the effect of Degree of Operating Leverage (DOL) and Degree of Financial Leverage (DFL) on Return on Equity (ROE) at Food and Beverage Companies Listed on Indonesia Stock Exchange (BEI) Period 2015-2019. This study uses secondary data in the form of complete annual financial statements for the 2015-2019 period, sourced from the Indonesia Stock Exchange. The research sample was 10 companies using purposive sampling technique or sampling with several considerations. The types of data used in this study are time series and cross sections. The research method used is associative research with a quantitative approach. The analysis used to determine the effect of DOL and DFL on ROE is multiple linear regression analysis with Random Effect Model approach using Eviews 9 software. DOL, and DFL simultaneously have a significant effect on ROE. DOL, and DFL partially have a negative and significant effect on ROE.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"488 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133045754","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}