Garuda - Garba Rujukan Digital

ANALISIS PENGARUH RASIO LANCAR, PERPUTARAN PERSEDIAAN DAN MARGIN LABA KOTOR TERHADAP PEMILIHAN METODE PERSEDIAAN PADA PERUSAHAAN DAGANG YANG TERDAFTAR DI BEI TAHUN 2013-2015 Kadim, A; Suratman, Adji; Muis, Muhammad Abdul
JIMF (JURNAL ILMIAH MANAJEMEN FORKAMMA) Vol 2, No 1 (2019): JIMF (JURNAL ILMIAH MANAJEMEN FORKAMMA)
Publisher : JIMF (JURNAL ILMIAH MANAJEMEN FORKAMMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (41.698 KB)

The purpose of This study is to analyse the influence of current ratio, inventory turnover and gross profit margin on the selection of inventory valuation method at trading companies listed in Indonesia Stock Exchange from 2013 to 2015. This research used the descriptive quantitative method within panel data (time series and cross section) as the type of data and the data were gotten from secondary data, acquired from Bursa Efek Indonesia, as the source of data. The sample in this research are trading companies listed on Indonesia Stock Exchange (IDX) from 2013 to 2015 were selected using purposive sampling method. The data were analysed by using regressive logistics technique. The results of the research show that current ration and gross profit margin affect the inventory accounting of method selection significantly. Meanwhile, inventory turnover does not affect the inventory accounting of method selection. Meanwhile, it is simultaneously indipendent variables are current ratio, inventory turnover and gross profit margin all having significant on dependent variable is inventory method selection

The Optimal Portofolio Creation using Markowitz Model Muis, Muhammad Abdul; Adhitama, Satria
AFRE (Accounting and Financial Review) Vol 4, No 1 (2021): July
Publisher : Postgraduate Program Merdeka University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/afr.v4i1.5959

The research intends at analyzing the optimal portfolio creation using the Markowitz model (Mean variance) in the Chevron Pacific Indonesia pension fund.The research methodology used is qualitative descriptive method with panel and secondary data obtained from the Chevron Pacific Indonesia pension fund. The sampling technical method used the monthly data during the period January 2016 to December 2018. The data analysis technique used is a portfolio analysis using Markowitz model.In the analysis it was found that during the period. The writer considers investment activities Chevron Pacific Indonesia pension fund hasn't formed efficient portfolio and optimal, only produces an average realization return of 7.93% with a risk 3.50%. While efficient portfolio alternatives by using the mean variance model are: in GMV portfolio produces an expected return 7.93% with a risk 1.45%, while in Tangency portfolio an expected return is 8.07% with a risk 3.73%, while the maximum portfolio return produces an expected return of 10.24% with the highest level risk of 12.24%.Penelitian ini bertujuan untuk menganalisis penciptaan portofolio optimal dengan menggunakan model Markowitz (Mean variance) pada dana pensiun Chevron Pacific Indonesia. Metodologi penelitian yang digunakan adalah metode deskriptif kualitatif dengan panel dan data sekunder yang diperoleh dari dana pensiun Chevron Pacific Indonesia. Teknik pengambilan sampel menggunakan data bulanan selama periode Januari 2016 sampai dengan Desember 2018. Teknik analisis data yang digunakan adalah analisis portofolio dengan menggunakan model Markowitz. Dalam analisis ditemukan bahwa selama periode tersebut. Penulis menilai kegiatan investasi dana pensiun Chevron Pacific Indonesia belum membentuk prtfolio yang efisien dan optimal, hanya menghasilkan realisasi retun rata-rata sebesar 7,93% dengan risiko 3,50%. Sedangkan alternatif portofolio yang efisien dengan menggunakan mean variance model adalah: pada portofolio GMV menghasilkan expected return 7,93% dengan risiko 1,45%, sedangkan pada Tangency portfolio return yang diharapkan adalah 8,07% dengan risiko 3,73%, sedangkan return portofolio maksimum menghasilkan pengembalian yang diharapkan sebesar 10,24% dengan tingkat risiko tertinggi sebesar 12,24%.Â

ANALISIS RISIKO KEBANGKRUTAN DENGAN METODE ALTMAN Z-SCORE, SPRINGATE, DAN ZMIJEWSKI PADA PERUSAHAAN HIBURAN KOREA YANG TERCATAT DI BURSA KOREA TAHUN 2012 – 2016 A.Kadim A.Kadim; Adji Suratman; Muhammad Abdul Muis
Jurnal SEKURITAS (Saham, Ekonomi, Keuangan dan Investasi) Vol 2, No 2 (2019): Jurnal SEKURITAS
Publisher : Prodi Manajemen Universitas Pamulang

ABSTRACTThis study aims to analyze the risk of bankruptcy in Korean entertainment companies listed on the Korean Exchange in 20122016. The research methodology used is a comparative descriptive method with panel data and quantitative data obtained on the Korean Exchange. Sampling technique using purposive sampling method with data during the period of 2012 until 2016. Data analysis techniques used are different test techniques. The results of this research showed that calculation with altman zscore was able to predicts 19 non-bankrupt companies, 3 companies in grey area, and 3 bankrupt companies. Whereas the calculation of Springate method was able to predicts 16 nonbankrupt companies and 9 bankrupt companies. And the calculation of Zmijewski method was able to predicts 25 non- bankrupt companies and 0 bankrupt companies. Compared with all these three method. The Springate method is the most effective method in predicting bankruptcy of risk companies. The Springate is more effective than the Altman Z-Score and Zmijewski methodKeyword : Bankruptcy Analysis, Altman Z-Score, Springate, Zmijewski, Korean Entertainment

ANALISIS PENGARUH RETURN ON ASSETS, NET PROFIT MARGIN RETURN ON EQUITY, DEBT TO EQUITY RATIO, DAN DEBT TO ASSET RATIO UNTUK MEMPREDIKSI FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2017 MUHAMMAD ABDUL MUIS
JMB : Jurnal Manajemen dan Bisnis Vol 9, No 1 (2020): JMB : Jurnal Manajemen dan Bisnis
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/jmb.v9i1.2304

ABSTRACT : This research aims to analyze the ability of Net Profit Margin, Return On Assets, Return on Equity, Debt to Equity Ratio and Debt to Asset Ratio on Financial Distress in Sector Manufacture Companies listed on Indonesia Stock Exchange period 2014-2017.The research methodology used quantitative method with panel data and secondary data obtained from financial statement on Indonesia Stock Exchange. Mechanical sampling used purposive sampling that consist of 44 sector manufacture companies listed on Indonesia Stock Exchange. The data analysis technique used is logistic binary regression.The result of this study indicate that Return On Assets and Return on Equity have significant influence on Financial Distress, however Net Profit Margin, Debt to Equity Ratio and Debt to Asset Ratio has not influence on Financial Distress. Meanwhile, Net Profit Margin, Return On Assets, Return on Equity, Debt to Equity Ratio and Debt to Asset Ratio simultaneously have significant influence on Financial Distress. And the result of this study indicate that value of McFadden is 0.909291 or 90.92% which means that the dependent variable of financial distress can be explained by the independent variables NPM, ROA, ROE, DER, and DAR of 47,57% while the remaining 9.08% were other factors beyond the models that explain the dependent variable. Keywords : Financial Distress, NPM, ROA, ROE, DER, DAR, McFadden

Analisis Dampak Pengumuman Dividen Terhadap Perubahan Harga, Abnormal Return, Dan Volume Perdagangan Saham Sebelum Dan Sesudah Pembagian Dividen Bank Pembangunan Daerah Jawa Timur Tbk Tahun 2015-2017 Amrulloh Amrulloh; Muhammad Abdul Muis
Riset: Jurnal Aplikasi Ekonomi Akuntansi dan Bisnis Vol 1 No 1 (2019): RISET : Jurnal Aplikasi Ekonomi Akuntansi dan Bisnis
Publisher : Kesatuan Press

This study aimed to analyze the differences between stock prices, abnormal return and trading volume before and after dividend payout of the Bank Pembangunan Daerah Jawa Timur Tbk. The research methodology used is quantitative method with panel data types (cross section and time series) and the source of data derived from secondary data obtained from the Indonesia Stock Exchange. Mechanical sampling using purposive sampling method with daily data and the study period from 2015 to 2017. The data analysis technique used is the calculation of the share price, abnormal stock returns and trading volume, the study of events from 40 working days before the event, period, and during the 20 working days after the announcement of the dividend payout, as well as two different test average of pairs (t-test) to see the closeness of the relationship between the two variables with a significance level of 5%. The results of this study indicate that the stock price method approach the results obtained there are differences in stock prices before and after dividend payout of Bank Pembangunan Daerah Jawa Timur Tbk period 2015 to 2017. Meanwhile, the abnormal return approach the results obtained there is no difference of abnormal return before and after dividend payout of Bank Pembangunan Daerah Jawa Timur Tbk period 2015 to 2017. Similarly, the volume of stock trading method approach result that there is no difference in the volume of stock trading before and after dividend payout of Bank Pembangunan Daerah Jawa Timur Tbk period 2015 and 2016. But the result in 2017 show that there are differences in trading volume of the stock before and after the dividend payout of Bank Pembangunan daerah jawa Timur Tbk.

Analisis Dampak Pengumuman Dividen Terhadap Perubahan Harga, Abnormal Return, Dan Volume Perdagangan Saham Sebelum Dan Sesudah Pembagian Dividen Bank Pembangunan Daerah Jawa Timur Tbk Tahun 2015-2017 Amrulloh Amrulloh; Muhammad Abdul Muis
Riset: Jurnal Aplikasi Ekonomi Akuntansi dan Bisnis Vol 1 No 1 (2019): RISET : Jurnal Aplikasi Ekonomi Akuntansi dan Bisnis
Publisher : Kesatuan Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35212/277623

This study aimed to analyze the differences between stock prices, abnormal return and trading volume before and after dividend payout of the Bank Pembangunan Daerah Jawa Timur Tbk. The research methodology used is quantitative method with panel data types (cross section and time series) and the source of data derived from secondary data obtained from the Indonesia Stock Exchange. Mechanical sampling using purposive sampling method with daily data and the study period from 2015 to 2017. The data analysis technique used is the calculation of the share price, abnormal stock returns and trading volume, the study of events from 40 working days before the event, period, and during the 20 working days after the announcement of the dividend payout, as well as two different test average of pairs (t-test) to see the closeness of the relationship between the two variables with a significance level of 5%. The results of this study indicate that the stock price method approach the results obtained there are differences in stock prices before and after dividend payout of Bank Pembangunan Daerah Jawa Timur Tbk period 2015 to 2017. Meanwhile, the abnormal return approach the results obtained there is no difference of abnormal return before and after dividend payout of Bank Pembangunan Daerah Jawa Timur Tbk period 2015 to 2017. Similarly, the volume of stock trading method approach result that there is no difference in the volume of stock trading before and after dividend payout of Bank Pembangunan Daerah Jawa Timur Tbk period 2015 and 2016. But the result in 2017 show that there are differences in trading volume of the stock before and after the dividend payout of Bank Pembangunan daerah jawa Timur Tbk.

The Effect of Earning, Change in Account Payable, and Change in Account Receivable on Predicting Future Operating Cash Flows (Case Study on Food and Beverage Companies Listed in Indonesia Stock Exchange) Muhammad Abdul Muis; Elis Puji Utami
Journal of Accounting and Finance Management Vol. 1 No. 6 (2021): Journal of Accounting and Finance Management (January-February 2021)
Publisher : DINASTI RESEARCH

The purpose of this study is to the analyze of how far the Ichimoku Kinko Hyo indicator can be used in technical analysis in order to predict the movement of stock prices in the future, to know the accuracy of the indicator in order to make investment decisions in capital markets and to know the risk and return result from the Ichimoku Kinko Hyo indicator after Corporate Action Policy in PT. Smartfren Telecom Tbk stock in 2019. The research methodology of this research is qualitative descriptive method with data source from the Indonesia Stock Exchange. The sampling technique of this research was purposive sampling method with monthly data and the study period is after Corporate Action Policy which is from December 2018 until November 2019. The results of this study show that the stock price movement in FREN stock using Ichimoku Kinko Hyo indicator after Corporate Action Policy in (December 2018 - February 2019), there are 3 (three) signals to buy and 3 (three) signals to sell while in (March - May 2019), there are 3 (three) signals to buy and 2 (two) signals to sell. In (June - August 2019), there are 1 (one) signal to buy and 2 (two) signals to sell. And in (September - November 2019), there are 2 (two) signals to buy and 2 (two) signals to sell. For this level of accuracy generated by using Ichimoku Kinko Hyo indicator accuracy rate equal to 60% (sixty percent) after the Corporate Action Policy in December 2018 until November 2019. While the level of risk and return generated by using Ichimoku Kinko Hyo indicator after Corporate Action Policy gave return of 187.49% (one hundred and eighty seven comma forty nine percent) and the risk of -36.43%.

The Effect of Earning, Change in Account Payable, and Change in Account Receivable on Predicting Future Operating Cash Flows (Case Study on Food and Beverage Companies Listed in Indonesia Stock Exchange) Muhammad Abdul Muis; Mery Wanialisa; Yusdianto Yusdianto
Journal of Accounting and Finance Management Vol. 2 No. 1 (2021): Journal of Accounting and Finance Management (March-April 2021)
Publisher : DINASTI RESEARCH

This study aims to analyze the effect of earning, change in account payable, and change in account receivable on predicting future operating cash flows. (Case Study on food and beverage companies listed in Indonesia Stock Exchange). The research methodology used is a quantitative method with panel data and secondary data obtained from the Indonesia Stock Exchange. The sampling technique uses purposive sampling method with annual data and research period from 2013 to 2018. The data analysis technique used is panel multiple linear regression by determined the panel data regression model, normality test, classic assumption test, and hypothesis testing t-statistics test partial regression coefficients and f-statistics to examine the significance of the effects together with a significance level of 5%. The results of this study show that partially earning have a positive effect and significant and change in account payable has a negative effect and significant on predicting future operating cash flows, whereas a change in account receivable has a negative effect but non-significant on predicting future operating cash flows. Meanwhile, earnings, change in account receivable, and change in account payable together have a significant relation to future operating cash flows. The coefficient of determination from this study shows52,5%, it shows that the variation of earning, account changes receivable, and change in account payable can explain the rise and fall of future operating cash flows amounted 52.5%, while the remaining of 47.5% is affected by other factors.

Good Corporate Governance toward Intellectual Capital Muhammad Abdul Muis; Satria Adhitama
AFRE (Accounting and Financial Review) Vol 5, No 2 (2022): July 2022
Publisher : Postgraduate Program Merdeka University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/afr.v5i2.7809

This research aims to analyze the effect of the audit committee, board of directors, board of commissioners on intellectual capital in LQ-45 companies listed on the Indonesia Stock Exchange the period of 2016-2019. The results of this study indicate that partially the Audit Committee (KA) variable has a positive and significant influence on Intellectual Capital (IC). The variable of the Board of Directors (DD) has a negative but not significant effect on Intellectual Capital (IC). While the variable Board of Commissioners (DK) has a positive but not significant effect on Intellectual Capital (IC). Meanwhile, simultaneously the independent variables, namely the audit committee, the board of directors, and the board of commissioners, together have a positive and significant influence on the dependent variable, namely Intellectual Capital. The coefficient of determination of this study shows a number of 58.8% which indicates that the variation of the independent variable explains the rise or fall of the dependent variable, while the remaining 41.2% is explained by other independent variablesDOI: https://doi.org/10.26905/afr.v5i2.7809

The Impact of Fiscal Stimulus on Agriculture Sector in Bali: Interregional Input-Output Analysis I Gede Agus Ariutama; Acwin Hendra Saputra; Muhammad Abdul Muis; Adi Nugroho
JURNAL MANAJEMEN KEUANGAN PUBLIK Vol 6 No 2 (2022)
Publisher : Polytechnic of State Finance STAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31092/jmkp.v6i2.1956

This study aims to estimate the economic impact of 2021 fiscal stimulus on agriculture, forestry and fishing sector in Bali at national and regional levels. This study utilizes secondary data from Bali Province Regional Fiscal Review year 2021 from Regional Office of Directorate General of State Treasury of Bali Province and statistical data from the Central Statistics Agency. The interregional input-output (IRIO) model is employed to determine the value of the economic impact on 17 business sectors in 34 provinces in Indonesia. This study found that the fiscal stimulus on the agriculture sector has a positive impact on Bali economy resulting in two and a half times greater than the direct impact. Furthermore, the sector with the largest total impact was the construction sector, mining and quarrying sector and agriculture, forestry and fishing sector in Bali. In addition, the fiscal stimuli on the agriculture sector resulted in a significant economic growth impact not only in Bali as the region receiving the stimuli, but also in the neighboring regions. The implications of this research are related to stimulus allocation on the certain sector when the negative shocks occurred such as covid-19 pandemic, which can be used as input for evaluating government spending policies. In general, it can be concluded that the Government of Indonesia was successful in carrying out fiscal stimuli since they produced an economic impact greater than the allocated incentives.

Title

Found 20 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 20 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 20 Documents
Search