IFinance最新文献

{"title":"Pengaruh Profitabilitas Terhadap Return Saham Dengan Nilai Perusahaan Sebagai Variabel Mediasi Pada Indeks Saham Syariah Indonesia Sektor Industri Barang Konsumsi Periode 2013-2017","authors":"Destiana Kumala","doi":"10.19109/ifinance.v6i2.7040","DOIUrl":"https://doi.org/10.19109/ifinance.v6i2.7040","url":null,"abstract":"Abstract \u0000This study aims to examine the effect of profitability on stock returns with firm value as the mediating variable. The population in this study are manufacturing companies in the consumer goods industry sector which are listed on the Indonesian Sharia Shock Index (ISSI), the independent variable in this study is profitabilty (X), proxied by using return on equity, the dependent variable stock returns (Y). As measured by the calculation of the stock return formula and the mediating variable, namely the firm value (Z) is proxied by the price to book value (PBV). \u0000This research method uses quantitative research methods using secondary data. Samples were taken based on predetermined criteria. From the sampling method applied, it was obtained 13 manufacturing companies in the consumer goods industry sector that were listed on the Indonesia Sharia Stock Index (ISSI) 2013 – 2017 with data analysis using the SPSS 22 program. \u0000The results showed that profitability had an effect on firm value, profitability had no effect on stock return, firm value had an effect on stock returns, profitability had an effect on stock returns mediated by firm value. \u0000keywords : profitability,stock return, firm value","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90915126","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 Zakat Terhadap Pembangunan Manusia","authors":"Mudita Sri Karuni","doi":"10.19109/ifinance.v6i2.6469","DOIUrl":"https://doi.org/10.19109/ifinance.v6i2.6469","url":null,"abstract":"The problem of poverty in Indonesia is the manifestation of society empowerment in accessing state development outcomes. Meanwhile, the result of development done by the government are only enjoyed by a handful of people because the resource is not equitably distributed. Therefore, the role of zakat is needed to give direct fund to redistribute the weatlh, so that human development can be realized. This research aimed to give the empirical result whether zakat has influence on human development in Indonesia. This research used Human Development Index (HDI) indicator as analysis tool, such as life expectancy, mean year school, and income. Hypotheses testing conducted in 15 years (2004-2018). Data collection is done by the documentation method. From the regression analysis of Ordinary Least Square (OLS), it is found that zakat can increase human access to health care, education, and can raise revenues. This study provided implication for governments, zakat institutions, and Muslim communities who are obligated to pay zakat, in order to synergize the optimization of zakat funds in Indonesia.","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90087039","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 Profitabilitas dan Leverage terhadap Harga Saham dengan Kebijakan Dividen sebagai Variabel Moderating pada Perusahaan Manufaktur yang Terdaftar di Indeks Saham Syariah Indonesia (ISSI) Tahun 2014 – 2018","authors":"Aryanti Satar, S. Jayanti","doi":"10.19109/ifinance.v6i2.6679","DOIUrl":"https://doi.org/10.19109/ifinance.v6i2.6679","url":null,"abstract":"Aspek terpenting yang menarik di dalam pasar modal adalah pergerakan naik turunnya harga saham. Harga saham mencerminkan indikator adanya keberhasilan kinerja perusahaan, jika harga saham suatu perusahaan selalu mengalami kenaikan, maka investor atau calon investor menilai bahwa perusahaan berhasil dalam mengelola usahanya.  Hal itu disebabkan ada banyak faktor yang mempengaruhi perubahan harga saham, yakni faktor eksternal dan faktor internal. seperti laba bersih per saham (earning per share), rasio ekuitas terhadap hutang (debt to equity ratio) dan rasio laba bersih terhadap ekuitas biasa (return on equity). \u0000Penelitian ini  menggunakan metode kuantitatif deskriptif. Populasi penelitian ini adalah perusahaan manufaktur yang terdaftar di Indeks Saham Syariah Indonesia (ISSI) Tahun 2014-2018 dengan teknik sampling dengan menggunakan metode purposive sampling. Variabel independen yaitu  Profitabilitas, Laverage dan Harga Saham dengan Kebijakan Deviden sebagai Variabel Moderating. Dengan menggunakan alat analisis analisis model regresi berganda dengan data panel dan uji interaksi atau biasa disebut analisis regresi moderasi (moderated Regression Analysis). Hasil penelitian ini menunjukkan Earning per share berpengaruh positif dan signifikan terhadap harga saham dengan dimoderasi oleh dividend payout ratio. Return on equity berpengaruh positif terhadap harga saham dengan dividend payout ratio sebagai variabel moderasi. dan Debt to equity ratio berpengaruh negatif terhadap harga saham dengan dividend payout ratio sebagai variabel moderasi.","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89093228","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":"Peran Manajemen Perubahan Pada Akuntansi Manajemen Strategis Akibat Virus Corona","authors":"Lesi Hertati, Apriapollo Syafarudin, Otniel Safkaur, Irlan Fery","doi":"10.46306/REV.V1I2.24","DOIUrl":"https://doi.org/10.46306/REV.V1I2.24","url":null,"abstract":"Peran Manajemen Perubahan Pada Akuntansi Manajemen Strategis Akibat Virus Corona \u0000  \u00001Lesi Hertati, 2Apriapollo Syafarudin 3Otniel Safkaur \u0000  \u00001Lecturer, Economics of Accounting, STIE Rahmaniyah – Indonesia \u00002Lecturer  Faculty of Economics and Business, Mercu Buana University, DKI Jakarta, Indonesia \u00003Lecturer Faculty Economics of Accounting University Cendrawasih Papua-Indonesia \u0000  \u0000hertatilesi@yahoo.co.id \u0000Abstract: Changes in lifestyle due to the Corona or Covid-19 virus impact the seriousness of public health and management of life changes that threaten economic stability. Some companies have made efficiencies, starting from cutting salaries to terminating employment terminations. Household economic conditions have a serious impact on people in the middle class who must be able to change their lifestyle or bad shopping habits that are not important, but there are some life management strategies that we have to do in order to survive difficult times, which is to manage spending management strategies in order to survive with uncertainty as to when the plague will pass. Ensure what strategies will be taken so that they are safe for future business survival. It is known where critical points in the supply chain are, preparing emergency reserves when supplies run low and identifying alternative supplies included in this emergency planning. Also make sure employees who are in a crucial position to support the company's business can still work with high flexibility through work from home and remote meeting policies. Because if the cooperation between the government and the community that has a mutually beneficial business this will avoid the decline and losses due to the impact of the corona virus which gives a bad effect on the family economy. This research method is descriptive and verification method, the analytical tool is structural equation modeling (SEM, Lisrel). The results showed that the role of change management in strategic management accounting due to corona virus is quite influential. \u0000  \u0000Keyword: Change Management, Strategic Management Accounting \u0000  \u0000Abstract:  Perubahan pola hidup akibat virus Corona atau Covid-19 berdampak keseriusan kesehatan masyarakat dan manajemen perubahan hidup  yang mengancam stabilitas ekonomi. Beberapa perusahaan sudah melakukan efisiensi, mulai dari memotong gaji hingga memutuskan Penghentian Hubungan Kerja (PHK). Kondisi ekonomi rumah tangga berdampak serius pada masyarakat kalangan menengah kebawah yang harus bisa merubah pola hidup atau kebiasaan buruk belanja hal yang tidak penting namun ada beberapa strategi manajemen hidup yang harus kita lakukan agar bisa bertahan hidup dimasa sulit yaitu mengatur strategi manajemen pengeluaran agar  bisa bertahan hidup dengan ketidakpastian situasi kapan wabah akan berlalu. Memastikan strategi apa yang akan diambil agar aman guna kelangsungan bisnis hidup kedepannya. Diketahui dimana titik-titik kritis dalam rantai pasokan, menyiapkan cadangan darurat saat persedia","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76136494","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":"SOKONGAN POLITIK DAN STRUKTUR MODAL PADA PERUSAHAAN SYARIAH INDEKS LQ-45 BURSA EFEK INDONESIA","authors":"Ernie Hendrawaty, Kamilia Syaputra","doi":"10.19109//ifinace.v6i1.5235","DOIUrl":"https://doi.org/10.19109//ifinace.v6i1.5235","url":null,"abstract":"The aim of this research was to find out the effect of political connections on the leverage of syariah and non-syariah companies in Indonesia. Politically connected companies are suspected to have higher leverage than companies that are not politically connected to syariah and non-syariah companies in Indonesia Stock Exchange Index LQ-45. The period in this research was 2014 to 2018. The samples in this research were 19 syariah companies and seven non-syariah companies. Out of 19 sharia companies, 16 were politically connected and three were without political connections. Non-syariah companies have five politically connected companies and two without political connections. Regression test result shows significant results of political connections to leverage in syariah and non-syariah companies. Political connections are considered capable of supporting companies in terms of funding. \u0000 ","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81427168","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 INFLASI DAN KURS TERHADAP INDEKS SAHAM SYARIAH INDONESIA (ISSI) TAHUN 2014-2018","authors":"Syaiful Anwar, A. AdniDwi","doi":"10.19109//ifinace.v6i1.5288","DOIUrl":"https://doi.org/10.19109//ifinace.v6i1.5288","url":null,"abstract":"This study aims to find out empirically the effect of inflation and exchange rates on the movements of the Indonesian Islamic Stock Index (ISSI). This research uses quantitative research methods, using multiple linear regression analysis models. Data collection uses secondary data from documentation related data. Data is taken from the monthly closing price of each variable from 2014-2018 (60 months). The research test uses the t test and F test and is processed using SPSS16. The results showed that inflation had a significant effect and the exchange rate had no partial effect on ISSI movements, but both variables had a significant simultaneous effect on the ISSI","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"21 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78370383","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 PERSEPSI WAJIB PAJAK ATAS PEMAHAMAN PERATURAN PERPAJAKAN, AKUNTABILTAS PEMERINTAH, KESADARAN WAJIB PAJAK DAN SANKSI PAJAK TERHADAP KEPATUHAN WAJIB PAJAK","authors":"Anton Robiansyah, P. P. Midiastuty, Eddy Suranta, Suparsiyem Suparsiyem","doi":"10.19109//ifinace.v6i1.5480","DOIUrl":"https://doi.org/10.19109//ifinace.v6i1.5480","url":null,"abstract":"Abstract \u0000  \u0000This study aims to provide empirical evidence that understanding tax regulations, government accountability, awareness of taxpayers and tax penalties have a positive effect on taxpayer compliance. the data used in this study is primary data. Primary data was obtained from questionnaires distributed to MSMEs' Individual Taxpayers in Bengkulu City. The number of questionnaires distributed was 130 questionnaires, but only 102 questionnaires were processed. Data were analyzed using multiple linear regression analysis using the SPSS program. \u0000The results of testing hypotheses show understanding of taxation regulations and government accountability does not affect taxpayer compliance, while taxpayer awareness and tax sanctions have a positive effect on taxpayer compliance. The results of the study show that the lower the taxpayer's understanding of taxation regulations, and the lower the accountability of the government will make taxpayers increasingly disobedient in carrying out their tax obligations. Whereas, the higher the awareness of taxpayers and the more assertive the sanctions applied by the Director - General of taxation, the more obedient Individual Taxpayers who have businesses in Bengkulu City will carry out their tax obligations. \u0000  \u0000Keywords: Taxpayer Compliance, Understanding Tax Regulations, Government Accountability, Taxpayer Awareness, and Tax Sanctions.","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87018837","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 DAN FIRM SIZE TERHADAP NILAI PERUSAHAAN DENGAN RETURN ON EQUITY SEBAGAI VARIABEL INTERVENING PADA PERUSAHAAN YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX (JII) PERIODE 2016-2018","authors":"Indah Khairunnisa, M. Mismiwati, B. M. Shalihah","doi":"10.19109//ifinace.v6i1.6069","DOIUrl":"https://doi.org/10.19109//ifinace.v6i1.6069","url":null,"abstract":"The Study investigated the influence of Debt to Equity Ratio and Firm Size on Firm Value with Return On Equity as intervening variables in Jakarta Islamic Index (JII) in 2016-2018. This study uses two independent variables that Debt to Equity Ratio and Firm Size. The dependent variables used in this study is the Company Value with indicators of Price to Book Value. While the intervening variable used in this study is Return On Equity. The result showed that there was a positive and significant effect Debt to Equity Ratio on Return On Equity. There was a negative and not significant Firm Size on Return On Equity. Debt to Equity Ratio has no significant effect on Firm Value. Firm Size has no significant effect on Firm Value. There wasa positive and significant effect Return On Equity on Firm Value. Return On Equity is mediating the effect of Debt to Equity Ratio on Firm Value (Partial Mediation). Return On Equity is mediating the effect of Firm Size on Firm Value (Partial Mediation).","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"46 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88309730","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":"EMPIRICAL EVIDENCE ON THE IMPACT OF MONETARY POLICY ON NATIONAL ECONOMIC GROWTH","authors":"Abd. Kadir Arno, Nirwana Halide, Iksan Purnama, Akbar Sabani","doi":"10.19109//ifinace.v6i1.6237","DOIUrl":"https://doi.org/10.19109//ifinace.v6i1.6237","url":null,"abstract":"This article discusses empirical evidence of----imonetary -----ipolicy's impact----ion national----ieconomic growth----iin the decade 2010-2019. This article is analyzed using a regression analysis tool. This article concludes that 1) the interest rate (BI Rate) has----ian---iimpact rate----ion national----ieconomic---igrowth---iin----ithe decade 2010-2019 of only 7 percent. Impact-----iof US $----iexchange----irate---ion----ithe domestic----ieconomic----igrowth---iof only 90 percent 3) Impact of the amount of money in circulation on the national economic growth of only 76.8 percent, 4) Impact----iof----iinflation----irate----ion----ithe domestic economic growth of only 4.3 percent 5) impact of total investment in national economic growth is only 60.8 percent. Thus-----ithe----imain-----iobjective-----iof-----imonetary-----ipolicy is more emphasis-----ion-----iprice-----istability. With the first consideration, with output determined by long-term economic capacity, all systems that encourage economic growth will create inflation so that it will not affect real economic growth. Second, the rational financial agent understands that policymakers' actions in supporting the economic growth that helps increase can lead to time consistency problems. Third, monetary policy influencing economic variables takes a long time and has a lag. Fourth, price stability can encourage creating a better economic climate because it will reduce costs from inflation","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"65 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72844391","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":"MAQASHID SYARIAH INDEX DAN DEWAN KOMISARIS INDEPENDEN TERHADAP NILAI PERUSAHAN DENGAN PROFITABILITAS SEBAGAI VARIABEL MEDIASI PADA PERUSAHAAN ASURANSI SYARIAH","authors":"Puji Sahara, Titin Hartini, S. Jayanti","doi":"10.19109///ifinace.v6i1.5463","DOIUrl":"https://doi.org/10.19109///ifinace.v6i1.5463","url":null,"abstract":"This study aims to examine the effect of maqashid syariah index, an independent board of commissioners on firm value by mediating profitability. The population in this study is sharia insurance companies listed on the Indonesia Stock Exchange. The independent variable of this study is maqashid syariah index (X1) and independent board of commissioners (X2), while the mediating variable namely profitability (Z), and the dependent variable of this study is the value of the company (Y). The method of this research uses quantitative research methods using secondary data. The sampling technique uses a purposive sample method and is based on predetermined criteria. From the sampling method applied, 11 insurance companies were listed on the Indonesia Stock Exchange (IDX) for the period of 2015 - 2018. Data analysis techniques used regression analysis and path analysis using SPSS 22. The results showed that the maqashid syariah index had an effect on profitability, the independent board of commissioners had no effect on profitability, the maqashid sharia index had no effect on firm value, the independent board of commissioners had an effect on company value, partial mediation had influence on maqashid index on firm value, profitability does not mediate the influence of the independent board of commissioners on the value of the company.","PeriodicalId":33079,"journal":{"name":"IFinance","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74087295","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}