Salsabila Dwi Anggita, Muhammad Umar Mai, Fatmi Hadiani
{"title":"Analisis Valuasi Saham Menggunakan Metode Dividend Discounted Model pada Perusahaan Sub-Sektor Pulp & Kertas","authors":"Salsabila Dwi Anggita, Muhammad Umar Mai, Fatmi Hadiani","doi":"10.35313/ijem.v2i3.3138","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3138","url":null,"abstract":"Recently, the community has been shocked by a pandemic, namely the Corona Virus (Covid-19) which has an impact on all directions, one of which is the economic sector. The occurrence of global economic uncertainty triggers the Indonesian people to make efforts to maintain their economy. One of them is by investing, especially investing in stocks, especially now that millennials can reach the price of listed share on the IDX. Therefore, the ains of this papper to see the results of the comparison of the intrinsic value of the fair share price with its market price in the pulp & paper sub-sector listed on the IDX in 2016 - 2020 so that it will decide the investment resolve that will be taken by investors whether they are in poor condition. undervalued or overvalued by using the Dividend Discounted Models (DDM) method. The outcome of the analysis in this study obtained that all companies have shares in an overvalued position where the market price is less than the intrinsic value / fair price.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"129 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":"124348020","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 Dividend Payout Ratio dan Debt to Asset Ratio terhadap Price to Book Value pada PT Astra International Tbk","authors":"Fitri Novianti, Benny Barnas, Djoni Djatnika","doi":"10.35313/ijem.v2i3.3750","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3750","url":null,"abstract":"This research was to know and analyze the effect of Dividend Payout Ratio and Debt to Asset Ratio on Price to Book Value. This study uses a quantitative descriptive method with reference to the financial statements of PT Astra International Tbk for the period 2014-2021. These financial reports are used as a source of obtaining data that will be processed into information in this research. The data analysis technique used multiple linear regression, classical assumption test, t test and F test. The results of the study partially Dividend Payout Ratio (DPR) has positive effect on Price to Book Value (PBV), while Debt to Asset Ratio (DAR) partially has a positive and significant effect on Price to Book Value (PBV). Simultaneously, Dividend Payout Ratio (DPR) and Debt to Asset Ratio (DAR) have a positive and significant effect on Price to Book Value (PBV)","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"88 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":"122811677","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":"Pendekatan Data Envelopment Analysis untuk Mengukur Kinerja Keuangan Bank BJB Periode Tahun 2015-2020","authors":"Fauziah Salma, Djoni Djatnika, Fifi Afiyanti Tripuspitorini","doi":"10.35313/ijem.v2i3.3076","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3076","url":null,"abstract":"BJB Bank is the largest RDB that can generate profits and increase its assets during the COVID-19 pandemic when economic activity is sluggish. The purpose of this research is to solve the evaluation of financial performance by using the data envelopment analysis (DEA) method to view the efficiency of the company's financial management through the input-output bank BJB during the period 2015-2020. This study uses an intermediary approach. The input variables used are third-party funds, human resources, and fixed assets, while the output variables are loans. The research method used in this study is quantitative description. The author uses auxiliary data obtained from the 2015-2020 financial statements of BJB Bank. The survey results show that from 2015 to 2020, the overall average bank BJB reached 99.67% of a relatively efficient state.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"8 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":"124141480","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 Teknikal Pergerakan Saham PT Bank Jago Tbk dengan Menggunakan Indikator Candlestick dan Moving Average Convergence Divergence","authors":"A. Farhan, Tjetjep Djuwarsa, Radia Purbayati","doi":"10.35313/ijem.v2i3.3783","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3783","url":null,"abstract":"This study aims to determine the movement of shares of PT Bank Jago Tbk for the period January 1 – May 20 2022 using candlestick indicators and Moving Average Convergence Divergence (MACD), this study focuses on the economic aspect. The method used is descriptive method. The type of data used is qualitative data. The source of data used is secondary data obtained from charts on tradingview.com tools. Referring to the results of the analysis that has been carried out, the movement of PT Bank Jago Tbk's shares shows a decline (downtrend) using both candlestick and MACD indicators. This indicates that market participants should take a sell action.","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":"121748224","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 Dana Pihak Ketiga dan Non Perfoming Loan Terhadap Penyaluran Kredit di Masa Pandemi pada BPD di Pulau Jawa","authors":"Oktaviani Rarassati, Rosma Pakpahan, Setiawan Setiawan","doi":"10.35313/ijem.v2i3.3754","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3754","url":null,"abstract":"This study aims to determine the effect of Third Party Funds and Non-Performing Loans during the pandemic at Regional Development Banks in Java for the 2020-2021 Period. The research method used is descriptive and uses a quantitative approach. The data used are secondary data in the form of Financial Services Authority. The number of samples used in this study were four Regional Development Banks in Java. The technique for sampling is the purposive sampling technique. The analytical technique used in this study is panel data regression analysis using the Eviews 10 program tool. Based on the results and interpretations that partically the Third Party Fund variable has a positive and significant effect to Credit Distribution and the Non-Performing variable has a negative and significant impact to Credit Distribution and Third Party Funds and Non-Performing Loans simultaneously have an effect significant to Credit Distribution.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"22 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":"134287032","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":"Apakah Harga Saham dapat Dipengaruhi Return on Equity dan Return on Investment? Studi pada Perbankan yang Terdaftar di Bursa Efek Indonesia","authors":"Maulana Dzakkiansyah, Ruhadi Ruhadi, Iwan Setiawan","doi":"10.35313/ijem.v2i3.3761","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3761","url":null,"abstract":"Form this study has a purpose to analyze the Effect of Return on Equity and Return on Investment on Stock Prices (Study on Banking Sub-Sector Companies Listed on the Indonesia Stock Exchange 2016-2020 Period). Return on Investment (ROI) and Return on Equity (ROE) are both included in the Profitability Ratio. The profitability ratio was chosen because it is able to show how much profit investors get from their investment activities. So it can measure how well the company's financial performance in its operations. This study aims to determine the effect of ROI and ROE on stock prices in the banking sub-sector which is listed on the Indonesia Stock Exchange (IDX) in the 2016-2020 period. The research method used is quantitative. Data analysis using Eviews version 10. The results of this study are expected to provide benefits for investors, academics, companies, and the community and it is hoped that this research can be used as reference material for further researchers.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"31 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":"129563491","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":"Jurnal Perancangan Aplikasi Pencatatan Piutang Usaha bagi UMKM dalam Mendukung Efisiensi","authors":"Shifa Sihatul Iman, D. Tamara, L. Pratiwi","doi":"10.35313/ijem.v2i3.3817","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3817","url":null,"abstract":"Bucrak Production is one of the UMKM in Bandung City which is engaged in the production of drum musical instruments which are then sold to artists. This UMKM applies manual recording, causing the presentation of information to be slow and inaccurate. To create a business recording application and apply it to Bucrak Production. This research was carried out in stages starting from field studies, problem formulation, research objectives setting, data collection and analysis aimed at knowing the weaknesses and needs of the currently applied system. The next stage is to design the next system based on information from the previous stage, the implementation of the application that has been made will be carried out. The last stage is making conclusions. The results of this study note that there are many records in Bucrak production that need to be developed. Recording of notes which is done manually and in archiving the recording documents is not archived properly so that the information presented is not complete and accurate. The result is not being able to find out receivables per debtor that takes a long time. The application is designed in such a way that it is easy to use and is used in recording so that it can present information quickly and accurately. \u0000Keywords: ","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"24 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":"128289259","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}
Dini Mauliddiarti, Hasbi Assidiki Mauluddi, Hennidah Karnawati
{"title":"Pengaruh Perputaran Piutang dan Persediaan terhadap Net Profit Margin pada Perusahaan Makanan dan Minuman di Bursa Efek Indonesia","authors":"Dini Mauliddiarti, Hasbi Assidiki Mauluddi, Hennidah Karnawati","doi":"10.35313/ijem.v2i3.3129","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3129","url":null,"abstract":"The purpose of this research is to know the influence of receivable turnover and inventory turnover on Net Profit Margin (NPM) in the food and beverage companies listed in IDX year 2016-2020. This research uses purposive sampling technique, so that the company sample data obtained are 8 food and beverage companies listed on IDX year 2016-2020. The data used in this research is secondary data obtained from the company financial statements that have been published in IDX. The analytical technique used is multiple linear regression analysis using a tool in the form of IBM SPSS version 25 software. The results of this research indicate that receivable turnover and inventory turnover partially has a negatively and significant effect on NPM, inventory turnover partially has a negatively and significant effect on NPM. Simultaneously account receivable turnover and inventory turnover have a significant influence on NPM.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"7 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":"125678399","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":"Studi Komparasi Kinerja Profitabilitas dan Earning Per Share PT Bank Central Asia Tbk Sebelum dan Setelah Menerapkan Mobile Banking","authors":"Eltasya Sifra Mevia Simanungkalit, Endang Hatma Juniwati, Banter Laksana","doi":"10.35313/ijem.v2i3.3759","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3759","url":null,"abstract":"This investigation was done to compare the performance of PT Bank Central Asia Tbk's profitability and earnings per share (EPS) before and after the implementation of mobile banking. In this study, financial statements from 2008 to 2017—five years before and five years after the usage of mobile banking—are used. The implementation of mobile banking in PT Bank Central Asia Tbk's services has had an impact on a number of areas, including profitability and earnings per share (EPS) performance. These areas include an increase in return on assets (ROA), a decrease in return on equity (ROE), and an increase in earnings per share (EPS). All of the variables were distributed regularly, according to the findings of the normality test. Before and after the implementation of mobile banking, there is a considerable variation in the Return on Assets (ROA) ratio. There is no notable difference in the Return on Equity (ROE) ratio. While there is a sizable variation in EPS between before and after the implementation of mobile banking","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"1 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":"130793330","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":"Study on Improving MSMEs Performance through Business Strategies","authors":"Esa Dilla Maulani, Yudha Trishananto, U. Fauziah","doi":"10.35313/ijem.v2i3.3896","DOIUrl":"https://doi.org/10.35313/ijem.v2i3.3896","url":null,"abstract":"This study aims to determine the effect of the independent variable innovation on the performance of SMEs in Salatiga City with the business strategy variable as an intervening. This study is a quantitative study using primary data from a population of all MSME owners in Salatiga in 2022. This study emphasizes resource-based theory (RBT) which emphasizes competitive advantage in companies. The sampling technique used is simple random sampling, which produces 100 samples. Data collection methods were carried out using questionnaires and interviews with MSME owners in the city of Salatiga in 2022. The data was processed using the IBM SPSS statistic version 23. The results in this study indicate that innovation and business strategy have a positive and significant effect on MSME performance, innovation has a positive effect and significant impact on business strategy, and finally, the business strategy succeeded in mediating innovation on the performance of MSMEs.","PeriodicalId":314344,"journal":{"name":"Indonesian Journal of Economics and Management","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129190122","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}