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The Effects Of Financial performance and Institutional Ownership On The Stock Price of Mining Company In Indonesia Stock Exchange (IDX) Year 2016-2020 2016-2020年印尼证券交易所(IDX)矿业公司财务绩效和机构持股对股价的影响
Pub Date : 2022-12-29 DOI: 10.30656/jkk.v2i1.5909
E. Harinurdin
This study aims to determine how the influence of company financial performance and institutional ownership on stock prices. The population in this study were mining companies listed on the Indonesia Stock Exchange, namely PT Adaro Energy Tbk, PT Aneka Tambang Tbk, and PT Bukit Asam Tbk during the 2016-2020 period. The independent variables in this study are institutional ownership, and financial performance as proxied by Earning Per Share, Price Earning Ratio, Price to Book Value, Dividend Per Share and the dependent variable in the study is stock price. The research sample was taken by purposive sampling method, namely based on 3 predetermined criteria, a sample of 3 companies was obtained. The method of analysis used in this study is multiple regression models. The data used in this study are data taken from the IDX financial statements, especially in the mining industry namely PT Adaro Energy Tbk, PT Aneka Tambang Tbk, and PT Bukit Asam Tbk during the 2016-2020 period. The results of this study indicate that Price Earning Ratio has a positive effect on stock prices. Meanwhile, Earning Per Share, Price to Book Value, Dividend Per Share, and Institutional Ownership have no significant effect on stock prices.
本研究旨在确定公司财务绩效和机构持股对股票价格的影响。本研究的人口是2016-2020年期间在印度尼西亚证券交易所上市的矿业公司,即PT Adaro Energy Tbk, PT Aneka Tambang Tbk和PT Bukit Asam Tbk。本研究的自变量为机构所有权,财务绩效以每股收益、市盈率、市净率、每股股息为代表,因变量为股价。研究样本采用有目的抽样法,即根据3个预先确定的标准,得到3家公司的样本。本研究的分析方法为多元回归模型。本研究中使用的数据来自IDX财务报表的数据,特别是在2016-2020年期间的采矿业,即PT Adaro Energy Tbk, PT Aneka Tambang Tbk和PT Bukit Asam Tbk。本研究结果显示市盈率对股价有正向影响。同时,每股收益、市净率、每股股息和机构持股对股价没有显著影响。
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引用次数: 0
Financial Distress: Implications of Cash Ratio, Total Debt To Equity Ratio, And Return On Asset 财务困境:现金比率、总负债与权益比率及资产报酬率的影响
Pub Date : 2022-12-29 DOI: 10.30656/jkk.v2i1.5860
Sukirno
ABSTRAK Informasi tentang Cash Rasio, Total Debt to Equity Ratio dan Return on Asset jika dilihat dengan signaling theory dan agency theory maka akan memberikan sinyal bagi agen dan prinsipal dalam memprediksi Kesulitan Keuangan Perusahaan. Penelitian ini bertujuan untuk menguji pengaruh Cash Rasio, Total Debt to Equity Ratio dan Return on Asset terhadap financial distress pada industri property and real estate yang listing di Bursa Efek Asia Tenggara periode 2013-2020. Dengan menggunakan teknik purposive didapatkan sebanyak 21 perusahaan sampel sesuai sesuai kriteria kebutuhan penelitian. Metode penelitian menggunakan pendekatan kuantitatif dengan alat analisis regresi berganda. Hasil penelitian ini membuktikan bahwa secara parsial Cash Ratio berpengaruh negatif terhadap finansial ditress, Total Debt to Equity Ratio berpengaruh positif terhadap finansial ditress dan  Return on Asset berpengaruh negatif terhadap finansial ditress, sedangkan secara simultan Cash Rasio, Total Debt to Equity Ratio dan Return on Asset berpengaruh signifikan terhadap finansial ditress.
与signaling theory和agency theory一起,将向代理和原则发出信号,预测企业财务困难。该研究旨在测试现金比率、资产负债表和资产负债表对2012 -2020年东南亚证券交易所持续性金融压力的影响。通过采用采样技术,发现了多达21家样本公司符合研究需求的标准。研究方法采用定量方法与多种回归分析工具。这些研究结果部分地证明现金Ratio对ditress经济产生了负面影响,债务总额到股权Ratio对经济的积极影响ditress归来on ditress金融资产受到负面的影响,同时现金的比例,则在资产债务总额到股权Ratio和回归ditress经济有重大影响。
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引用次数: 0
The Role of Tax Extension Officers in Optimizing Tax Compliance with Representative Offices 税务推广员在优化代表处税务合规中的作用
Pub Date : 2022-12-19 DOI: 10.30656/jkk.v2i1.5797
S. Wahyudi
The debate over the taxation aspect of the Foreign Trade Representative Office (KPDA), especially PPh Article 15, seems to be protracted and will never be finished. Meanwhile, according to the PPh and P3B Laws, KPDAs have fulfilled subjective requirements when they have or occupy an office address where the term establishment still includes a place of management.It is common for a KPDA to carry out marketing activities in the form of product promotion which is carried out continuously for the benefit of the Head Office which is proven to be able to increase and earn export earnings to Indonesia, so that the income is subject to tax in other countries or source countries (Indonesia). only as big as the share of profit that is considered to come from KPDA.The term activities that are purely auxiliary in nature which are additional activities to facilitate essential and significant activities is often the root of the problem so that the KPDA has the right not to pay Article 15 PPh.This study aims to see how the Income Tax Law and P3B regulate income from KPDA, especially business activities that are "only". Isn't it clear that supporting activities are only carrying out indoor activities, namely activities that are not related to other parties or outside parties, so that it can be said that they do not carry out business communications with other parties. The research concluded that the KPDA is required to make PPh payments for its activities either through corporate income tax funds or Article 15 PPh, if the KPDA has an office address as a place of management and conducts business activities with other parties
围绕对外贸易代表部(简称公馆)的税收问题,特别是《公法法》第15条的争论似乎会持续很长时间,而且永远不会结束。同时,根据PPh法和P3B法,当kpi拥有或占用办公地址,其中“设立”一词仍包括管理场所时,已经满足了主观要求。KPDA以产品推广的形式开展营销活动是很常见的,这种营销活动是为了总部的利益而持续进行的,这被证明能够增加和赚取对印度尼西亚的出口收入,因此收入在其他国家或来源国(印度尼西亚)征税。只有被认为来自KPDA的利润份额那么大。术语活动纯粹是辅助性的,即为促进重要活动而进行的额外活动,这通常是问题的根源,因此KPDA有权不支付第15条PPh。本研究旨在了解所得税法和P3B如何调节KPDA收入,特别是“唯一”的商业活动。是不是很清楚,辅助性活动只进行室内活动,即与其他当事人或外部当事人无关的活动,所以可以说不与其他当事人进行业务沟通。调查结果显示,如果公检院有营业场所,并与其他机构进行业务活动,则公检院必须通过法人所得税基金或公检院第15条缴纳公检费
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引用次数: 0
Students' Interest in Using the Quick Response Code Indonesian Standard Payment System for Vocational Education Program Students Serang Raya University 学生对使用快速反应码印尼标准支付系统的兴趣为雪朗拉雅大学的职业教育课程学生
Pub Date : 2022-12-19 DOI: 10.30656/jkk.v2i1.5846
Muhamad Radho, Novia Indah Lestari
The millennial generation is a generation that demands all aspects of their lives, including transactions. The cashless lifestyle is increasingly mushrooming in the midst of Indonesian society, especially the millennial generation. This study aims to determine the interest of students in using the Quick Response Code Indonesian Standart (QRIS) payment system for UNSERA Vocational Education Program students. The object of this study is students of the UNSERA Vocational Education Program using quantitative research methods and this type of research uses descriptive statistics. The population in this study was 103 people, and a sample of 82 people was taken using random sampling techniques. Analyze data by using descriptive statistics. In this study, the quantitative analysis method used was analysis using Microsoft Excel. The results of the research that the majority of vocational education program students have an interest in using QRIS payment technology such as Gopay, Shopeepay, Dana, Ovo, etc. Because in its use QRIS is very easy and safe in making payments through any merchant in one QR Code and this is the biggest financial breakthrough in Indonesia today. The benefits of this research for the millennial generation are expected to be able to understand digital payments using standardized payment QR codes, as well as become endorsers in voicing QRIS to the wider community.
千禧一代对生活的方方面面都有要求,包括交易。无现金的生活方式在印尼社会中如雨后春笋般涌现,尤其是千禧一代。本研究旨在确定学生对UNSERA职业教育计划学生使用快速响应代码印度尼西亚标准(QRIS)支付系统的兴趣。本研究的对象是UNSERA职业教育计划的学生,使用定量研究方法,这种类型的研究使用描述性统计。本次研究的总体为103人,采用随机抽样技术抽取了82人的样本。使用描述性统计分析数据。本研究采用的定量分析方法是使用Microsoft Excel进行分析。研究结果表明,大多数职业教育项目的学生对使用QRIS支付技术有兴趣,如Gopay、Shopeepay、Dana、Ovo等。因为QRIS的使用非常简单和安全,可以通过任何商家通过一个QR码进行支付,这是印度尼西亚今天最大的金融突破。这项研究对千禧一代的好处是,他们有望理解使用标准化支付二维码的数字支付,并成为向更广泛的社区宣传二维码的支持者。
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引用次数: 1
Sharia Bank Credit Management In Entrepreneurship 创业中的伊斯兰银行信贷管理
Pub Date : 2022-12-17 DOI: 10.30656/jkk.v2i1.5829
S. Sutikno, Muhamad Suhaemi, Muhammad Irsad Ariffin
The provision of credit for entrepreneurs is currently a separate issue for Islamic banks because they have a small market segment. How to manage Islamic bank credit to expand the market for entrepreneurs in accordance with government policies in supporting the current recovery. For this reason, banks need to manage existing credit so that avoid the risk of bad credit that will arise in the future. For credit management for bank entrepreneurs, it should look at the income generated by business actors per year, in addition to the type of business that has a high level of buyer interest, the bank must pay attention to it. can find out the level of credit risk that exists so that it provides behavior to existing entrepreneurs.
向企业家提供信贷目前是伊斯兰银行的另一个问题,因为它们的市场份额很小。如何按照政府支持当前经济复苏的政策管理伊斯兰银行信贷,扩大企业家市场。因此,银行需要管理现有信贷,以避免未来出现不良信贷的风险。对于银行创业者的信贷管理,应该看商业行为者每年产生的收入,除了买家兴趣程度高的业务类型外,银行还必须予以重视。可以找出存在的信用风险水平,从而为现有的企业家提供行为。
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引用次数: 0
Use of Digital Banking in Improving Services at Banks 利用数字银行改善银行服务
Pub Date : 2022-06-18 DOI: 10.30656/jkk.v1i2.4862
Doni Marlius
This research is useful as a form of digital banking implementation in improving banking services to customers. The sample of this research is the number of digital banking users and the number of customers who have used digital applications from 2021. This study uses qualitative data analysis as a research method that describes descriptively about the application of digital banking in improving banking services and services to customers. analysis in terms of practices that need to be applied, so that it can be seen the extent of its implementation. These results show that the application of digital banking at the Bank is in accordance with the standards set by Bank Indonesia, the application of digital banking can improve the quality of banking services and services as well as increase customer loyalty
本研究作为数字银行实施的一种形式,有助于改善银行对客户的服务。本研究的样本是2021年以来数字银行用户数量和使用数字应用程序的客户数量。本研究采用定性数据分析作为研究方法,描述性地描述了数字银行在改善银行服务和客户服务方面的应用。根据需要应用的实践进行分析,以便可以看到其实施的程度。这些结果表明,数字银行在银行的应用符合印尼银行制定的标准,数字银行的应用可以提高银行服务和服务质量,提高客户忠诚度
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引用次数: 1
Analysis Of Interest Rate Through Credit Channel And The Amount Of The Money Circulation On Indonesian Economic Growth 2005 – 2019 信贷渠道利率与货币流通量对印尼经济增长的影响分析
Pub Date : 2022-06-12 DOI: 10.30656/jkk.v1i2.4821
Al Afdol, M. Mardiana, Any Widayatsar
The purpose of this study was to analyze the relationship between Interest Rates Through Credit Channels and the Money Supply on Indonesia's Economic Growth. The data used in this study is time series data from 2005 to 2019, sourced from Bank Indonesia (BI) and the Central Statistics Agency (BPS). The analytical method used in this study is Vector Autoregression (VAR) using the Eviews version 10.0 computer application program. The results show that interest rates have a negative and significant effect on lending in the short term, lending as a variable connecting interest rates has a positive and significant effect on economic growth, both in the short and long term. The banking credit variable has a significant effect on the money supply in the long term, while the money supply in both the short and long term has a negative effect on economic growth. The results of the Granger causality test show that there is a one-way causal relationship between interest rates and bank credit in Indonesia, interest rates with economic growth if we use 10% and a one-way relationship between bank credit and the money supply.
本研究的目的是分析信贷渠道利率与货币供应量对印尼经济增长的关系。本研究使用的数据是2005年至2019年的时间序列数据,来自印度尼西亚银行(BI)和中央统计局(BPS)。本研究使用的分析方法是向量自回归(VAR),使用Eviews 10.0版本的计算机应用程序。研究结果表明,利率在短期内对贷款具有显著的负向影响,而贷款作为一个变量,无论在短期还是长期,利率对经济增长都具有显著的正向影响。银行信贷变量对长期货币供给有显著影响,而短期和长期货币供给对经济增长都有负向影响。格兰杰因果检验的结果表明,印度尼西亚利率与银行信贷之间存在单向因果关系,如果我们使用10%,利率与经济增长之间存在单向因果关系,银行信贷与货币供应量之间存在单向关系。
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引用次数: 0
The Impact of Leverage, Managerial Ownership, and Capital Intensity on Tax Avoidance 杠杆、管理层持股和资本密集度对避税的影响
Pub Date : 2022-02-18 DOI: 10.30656/jkk.v1i2.4490
Lulu Nailufaroh, Neneng Sri Suprihatin, Nikke Yusnita Mahardini
The purpose of this study is to examine the effect of Leverage, managerialownership and capital intensity on tax avoidance in real estate companies listedon the Indonesia Stock Exchange for in 2017-2019. Determination of samplesusing purposive sampling method and obtaining 23 companies with certaincriteria. The analysis technique used in this study is multiple linear regression.The results showed that the leverage and capital intensity have no significanteffect on tax avoidance. While management ownership has a significant effect ontax avoidance
本研究的目的是研究杠杆、管理层所有权和资本密集度对2017-2019年在印度尼西亚证券交易所上市的房地产公司避税的影响。采用有目的抽样法对样本进行测定,获得符合一定标准的23家公司。本研究使用的分析技术是多元线性回归。结果表明,杠杆率和资本密集度对企业避税没有显著影响。而管理层所有权对避税有显著影响
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引用次数: 0
The Influence Of Company Growth, Return On Asset (ROA), Leverage And Audit Opinion In The Previous Year On Acceptance Of Going Concern Audit Opinions (In Property and Real Estate Sub-Sector Companies Listed on the Indonesia Stock Exchange 2013-2017) 公司成长性、资产收益率(ROA)、杠杆率和上一年度审计意见对接受持续经营审计意见的影响(以2013-2017年印尼证券交易所房地产板块上市公司为例)
Pub Date : 2022-02-14 DOI: 10.30656/jkk.v1i2.4459
Kimsen Kimsen, Januar Eky Pambudi, Sustari Alamsyah, K. Komariah
The purpose of this study is to empirically examine the effect of several financial ratios on going-concern audit opinions. The factors tested in this study are company growth, return on assets, leverage and the previous year's audit opinion as independent variables, while going concern audit opinion as the dependent variable. The data used in this study is secondary data with the sampling method used is the purposive sampling method. This study uses 28 samples of property and real estate sub-sector companies listed on the Indonesia Stock Exchange (IDX) during 2013-2017. The analytical tool used is panel data logistic regression analysis and processed with Eviews 9.0. The test results show that the previous year's audit opinion has no effect on going concern audit opinion, while company growth, return on assets, and leverage have no effect on going concern audit opinion.
本研究的目的是实证检验若干财务比率对持续经营审计意见的影响。本研究以公司成长性、资产收益率、杠杆率和上一年度审计意见为自变量,以持续经营审计意见为因变量。本研究使用的数据为二手数据,采用的抽样方法为目的抽样法。本研究使用了2013-2017年期间在印度尼西亚证券交易所(IDX)上市的28家房地产和房地产细分行业公司的样本。分析工具为面板数据逻辑回归分析,使用Eviews 9.0软件进行处理。检验结果表明,上一年度审计意见对持续经营审计意见没有影响,公司成长性、资产收益率、杠杆率对持续经营审计意见没有影响。
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引用次数: 0
The Effect of Loan To Deposit Ratio, Net Profit Margin, And Return On Equity, On Stock Returns And Exchange Rates As Moderating Variables In The Banking Sub-Sector On The Southeast Asian Stock Exchange 存贷比、净利润率和净资产收益率对股票收益和汇率的影响:东南亚证券交易所银行板块的调节变量
Pub Date : 2022-01-07 DOI: 10.30656/jkk.v1i2.4002
D. Sunaryo, Yoga Adiyanto, Halimatu Sa’diyah
This study aims to determine the effect of Loan to Deposit Ratio, Net Profit Margin and Return on Equty on stock returns with Exchange Rate as a moderating variable. This research uses the object of the banking sub-sector companies in Southeast Asia for the period 2012-2019. The data collected is secondary data with the documentation method in the form of the company's annual report. The analytical tool used to test the hypothesis is IBM SPPS V21. The sampling method used in this study used the Purposive Sampling Technique and obtained 10 companies with a sample of 80 sample data. The analytical techniques used are descriptive statistical analysis, classical assumption test, moderated regression analysis (MRA), multiple linear regression, partial test (t test), and simultaneous test (f test). The results of this study partially conclude that Loan To Deposit Ratio (LDR) has no significant effect on Stock Return, Net Profit Margin (NPM) has no significant effect on Stock Return, and Return On Equity (ROE) has no significant effect on Stock Return. The results of the study simultaneously showed that the Fcount value was 2.891 and Ftable 2.85, meaning that Fcount > Ftable or a significance value of 0.048 <0.05. Thus, Loan To Deposit Ratio (LDR), Net Profit Margin (NPM), and Return On Equity (ROE) simultaneously have a significant effect on Stock Return. The results of the Moderated Regression analysis (MRA) research show that the exchange rate does not moderate the Loan To Deposit Ratio (LDR) on stock returns, and the exchange rate does not moderate the net profit margin (NPM) on stock returns, the exchange rate does not moderate the return on equity (ROE). to Stock Return.
本研究旨在以汇率为调节变量,确定存贷比、净利润率和净资产收益率对股票收益的影响。本研究使用的对象是2012-2019年期间东南亚的银行子行业公司。收集的数据为二手数据,采用文档化的方法,以公司年报的形式进行。用于检验该假设的分析工具是IBM SPPS V21。本研究的抽样方法采用目的性抽样法,共获得10家公司80份样本数据。分析方法包括描述性统计分析、经典假设检验、适度回归分析(MRA)、多元线性回归、部分检验(t检验)和同时检验(f检验)。本研究结果部分得出存贷比(LDR)对股票收益无显著影响、净利润率(NPM)对股票收益无显著影响、净资产收益率(ROE)对股票收益无显著影响的结论。本研究结果同时显示,Fcount值为2.891,Ftable为2.85,即Fcount > Ftable或显著性值为0.048 <0.05。因此,存贷比(LDR)、净利润率(NPM)和净资产收益率(ROE)同时对股票收益率有显著影响。适度回归分析(MRA)的研究结果表明,汇率对股票收益的存贷比(LDR)没有调节作用,对股票收益的净利润率(NPM)没有调节作用,对净资产收益率(ROE)没有调节作用。到股票回报。
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引用次数: 1
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Jurnal Keuangan dan Perbankan (KEBAN)
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