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。
{"title":"The Effects Of Financial performance and Institutional Ownership On The Stock Price of Mining Company In Indonesia Stock Exchange (IDX) Year 2016-2020","authors":"E. Harinurdin","doi":"10.30656/jkk.v2i1.5909","DOIUrl":"https://doi.org/10.30656/jkk.v2i1.5909","url":null,"abstract":"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.","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"117 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114010288","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}
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.
{"title":"Financial Distress: Implications of Cash Ratio, Total Debt To Equity Ratio, And Return On Asset","authors":"Sukirno","doi":"10.30656/jkk.v2i1.5860","DOIUrl":"https://doi.org/10.30656/jkk.v2i1.5860","url":null,"abstract":"ABSTRAK \u0000Informasi 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.","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130357952","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}
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
{"title":"The Role of Tax Extension Officers in Optimizing Tax Compliance with Representative Offices","authors":"S. Wahyudi","doi":"10.30656/jkk.v2i1.5797","DOIUrl":"https://doi.org/10.30656/jkk.v2i1.5797","url":null,"abstract":"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","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125219954","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}
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.
{"title":"Students' Interest in Using the Quick Response Code Indonesian Standard Payment System for Vocational Education Program Students Serang Raya University","authors":"Muhamad Radho, Novia Indah Lestari","doi":"10.30656/jkk.v2i1.5846","DOIUrl":"https://doi.org/10.30656/jkk.v2i1.5846","url":null,"abstract":"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.","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133797509","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}
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.
{"title":"Sharia Bank Credit Management In Entrepreneurship","authors":"S. Sutikno, Muhamad Suhaemi, Muhammad Irsad Ariffin","doi":"10.30656/jkk.v2i1.5829","DOIUrl":"https://doi.org/10.30656/jkk.v2i1.5829","url":null,"abstract":"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.","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"176 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116611016","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}
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
{"title":"Use of Digital Banking in Improving Services at Banks","authors":"Doni Marlius","doi":"10.30656/jkk.v1i2.4862","DOIUrl":"https://doi.org/10.30656/jkk.v1i2.4862","url":null,"abstract":"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","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131611537","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}
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.
{"title":"Analysis Of Interest Rate Through Credit Channel And The Amount Of The Money Circulation On Indonesian Economic Growth 2005 – 2019","authors":"Al Afdol, M. Mardiana, Any Widayatsar","doi":"10.30656/jkk.v1i2.4821","DOIUrl":"https://doi.org/10.30656/jkk.v1i2.4821","url":null,"abstract":"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.","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"10 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126318088","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}
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
{"title":"The Impact of Leverage, Managerial Ownership, and Capital Intensity on Tax Avoidance","authors":"Lulu Nailufaroh, Neneng Sri Suprihatin, Nikke Yusnita Mahardini","doi":"10.30656/jkk.v1i2.4490","DOIUrl":"https://doi.org/10.30656/jkk.v1i2.4490","url":null,"abstract":"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","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121503533","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}
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.
{"title":"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)","authors":"Kimsen Kimsen, Januar Eky Pambudi, Sustari Alamsyah, K. Komariah","doi":"10.30656/jkk.v1i2.4459","DOIUrl":"https://doi.org/10.30656/jkk.v1i2.4459","url":null,"abstract":"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.","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130422500","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}
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.
{"title":"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","authors":"D. Sunaryo, Yoga Adiyanto, Halimatu Sa’diyah","doi":"10.30656/jkk.v1i2.4002","DOIUrl":"https://doi.org/10.30656/jkk.v1i2.4002","url":null,"abstract":"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.","PeriodicalId":416382,"journal":{"name":"Jurnal Keuangan dan Perbankan (KEBAN)","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122311434","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}