Claim Missing Document
Check
Articles

How Performance of Jakarta Islamic Index (JII) Stocks Relative to Other Stocks? Listyaningsih, Erna; Krishnamurti, Chandrasekhar
JDM (Jurnal Dinamika Manajemen) Vol 6, No 2 (2015): September 2015 (DOAJ Indexed)
Publisher : Department of Management, Faculty of Economics, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jdm.v6i2.4303

Abstract

This study was conducted to assess the performance of Jakarta Islamic Index (JII) stocks and also investigate whether there was an ethical effect (JII selection restriction) and compare it with non-Sharia stocks. The main model used in this study was the Capital Asset Pricing Model (CAPM) single index model extended to the Fama and French three factors. This study employs elaborate matching data. The data used in this study was split into two periods: the 2005-2007 periods which consists of two groups: JII and non-JII and the 2008-2012 periods which consists of three groups: JII, Sharia and non-Sharia based on industry sector. This study found that basically there was no difference on performance between JII and non-JII stocks. Therefore, this result supports the previous studies in which there were no significant differences between Sharia and conventional investment.
The Effect of Good Corporate Governance on Corporate Social Responsibility Disclosure on Jakarta Islamic Index Erna Listyaningsih; Riska Dewi; Nur Baiti
Indonesian Journal of Business and Entrepreneurship (IJBE) Vol. 4 No. 3 (2018): IJBE, Vol. 4 No. 3, September 2018
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.4.3.273

Abstract

The previous research results show various disclosures of the effects of Good Corporate Governance on Corporate Social Responsibility. The objective of this study was to examine the effects of Good Corporate Governance on the Corporate Social Responsibility disclosure to companies incorporated in the Jakarta Islamic Index. Proxies of Good Corporate Governance in this research include the managerial ownership, institutional ownership, foreign ownership, size of the independent commissioner board, size of the audit committee, and concentrated share ownership. The samples used in this study were companies registered in the Jakarta Islamic Index and had information on Good Corporate Governance and applied the disclosure of Corporate Social Responsibility during the period of 2013-2016. The total of the samples used consisted of 23 companies for the four year period. Multiple linear regression test was conducted to analyze whether Good Corporate Governance influenced the disclosure of Corporate Social Responsibility. The results of this study show that the variables that affect the disclosure of Corporate Social Responsibility are managerial ownership, institutional ownership, and foreign ownership. However, there are three variables that do not affect the disclosure of Corporate Social Responsibility that is the size of the independent commissioner board, size of the audit committee, and concentrated share ownership.Keywords: corporate social responsibility, good corporate governance, jakarta islamic index, regression
Stock Market Reaction to Indonesia Presidential and Legislative Election Erna Listyaningsih; Eka Sariningsih; Ritali Mudrikah
Binus Business Review Vol. 11 No. 2 (2020): Binus Business Review
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/bbr.v11i2.6302

Abstract

The research investigated the reaction to Jakarta Islamic Index (JII) stocks around the Indonesia Presidential and Legislative Election in 2019. It was the first time that the election of the president and legislative assembly was held on the same day in Indonesia. The sample used was 30 stocks of JII. The event study methodology was conducted on this issue. The results show a significant positive abnormal return on the tenth day before the event and the seventh day after the event. From the liquidity, it is found that this event has a strong effect on Trading Volume Activity (TVA) of JII stocks surrounding the event. Additionally, another liquidity proxy, namely bid-ask spread, has the same result by experiencing a significant positive difference before and after the event. These results indicate that the information on the event is sufficient to influence the price, TVA, and size of the bid-ask spread of JII stock.
Pengaruh Pengumuman Stpck Split Terhadap Abnormal Return Dan Abnormal Trading Volume Activity (Pada Perusahaan-Perusahaan Yang Terdaftar Di BEI Periode 2010-2014) Irena May Rani; Erna Listyaningsih; Bambang Purwanto
Jurnal Riset Akuntansi dan Manajemen Malahayati Vol 6, No 1 (2017): Volume 6 Nomor 1
Publisher : Universitas Malahayati

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (94.746 KB) | DOI: 10.33024/jeram.v6i1.2131

Abstract

Tujuan penelitian ini adalah untuk mengetahui terdapat perbedaan pada abnormalreturn dan abnormal trading volume activity sebelum dan sesudah dilakukannya stock splitpada perusahaan-perusahaan yang terdaftar di BEI yang melakukan stock split periode 2010-2014. Penelitian ini menggunakan sampel 35 perusahaan yang diambil dengan menggunakanmetode purposive sampling. Periode jendela (event windows) yang digunakan dalampenelitian ini adalah 7 hari yang terdiri dari 3 sebelum, 1 hari saat, dan 3 hari sesudah stocksplit.Alat analisis data menggunakan uji normalitas dan paired sample t-test. Hasil penelitianmenunjukkan bahwa tidak terdapat perbedaan yang signifikan pada abnormal return danabnormal trading volume activity sebelum dan sesudah stock split pada periode 2010-2014 diBEI. Hal ini mengindikasikan bahwa pasar modal di Indonesia selama periode penelitiantermasuk dalam pasar efisien bentuk setengah kuat. Dalam hal ini investor tidak bisamemperoleh abnormal return sehubungan dengan adanya stock split.
The Effect Of Trading Volume Activity, Stock Price, Dividend, Earning Per Share, And Variance Of Return To Bid-Ask Spread (Studies in LQ-45 Company in the Indonesia Stock Exchange) Eliza Chozna Ulfaniza; Erna Listyaningsih
Jurnal Riset Akuntansi dan Manajemen Malahayati Vol 6, No 2 (2017): Volume 6 Nomor 2
Publisher : Universitas Malahayati

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (545.82 KB) | DOI: 10.33024/jeram.v6i2.2149

Abstract

This study aims to identify and provide empirical evidence about the influence of the tradingvolume activity, stock price, dividend, earning per share, and variance of return to the bid-ask spread.Objek this research are the companies listed in the LQ-45 in the Stock Exchange Indonesia.This study is classified as quantitative research. The population in this study are all companies listedin the LQ-45 2011-2015. The sample is determined by purposive sampling method, as many as 22companies. Data obtained directly by downloading the company's financial statements LQ-45 whichhas been published in the Indonesia Stock Exchange. Data were analyzed using multiple linearregression analysis.These results indicate that the test is individually variable trading volume activity, dividend andvariance of return influence the direction of a positive coefficient significant to the bid-ask spread,while testing the individually variable stock price, and earnings per share does not affect the bid-askspread , Testing together five variables of trading volume activity, dividend, variance of return, stockprice, and earnings per share significantly affect the bid-ask spread
Pengaruh Likuiditas Dan Profitabilitas Terhadap Financial Distress Pada Perusahaan Transportasi Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2016 Syamsul Bakhri; erna listyaningsih; Nurbaiti Nurbaiti
Jurnal Riset Akuntansi dan Manajemen Malahayati Vol 1, No 1 (2012): Volume 1 Nomor 1
Publisher : Universitas Malahayati

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (296.669 KB) | DOI: 10.33024/.v1i1.518

Abstract

Abstract, This study aims to determine the effect on Financial Distress. Independent variables in thisresearch are Liquidity (X1), Profitability (X2),.While the dependent variable is the Financial Distresson the transportation company in Indonesia Stock Exchange period 2014-2016. Sample amounted to19 companies. The analysis was done by processing data using SPSS version 24 which was run withcomputer media. Based on the results of the research that has been done, it is found that Liquidity andProfitability significantly affect the Financial Distress on transfortasi company in Indonesia StockExchange period 2014-2016. While the test results f is Fcount> Ftable, it means there is asimultaneous or joint influence between Liquidity and Profitability to Financial Distrss on transfortasicompany in Indonesia Stock Exchange Period 2014-2016.
Analisis Perbandingan Kinerja Keuangan Bank Umum Syariah (Studi Kasus pada PT. Bank Muamalat dan PT. Bank Syariah Mandiri periode 2010-2014) Muhammad Farid; Erna Listyaningsih
Jurnal Riset Akuntansi dan Manajemen Malahayati Vol 5, No 1 (2016): Volumr 5 Nomor 1
Publisher : Universitas Malahayati

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (319.262 KB) | DOI: 10.33024/.v5i1.1250

Abstract

Abstract. The objectives of this study is to compare the financial performance of sharia banks namely Bank Muamalat dan Bank Syariah Mandiri in the period of 2010-2014 by using the banking financial ratios. Financial ratios used in this study consisted of the CAR, NPF, BOPO, FDR, ROA, ROE, and NPM. This study uses data from financial statements of both banks during the last five years. Analysis used in this study is to compare the financial performance of sharia banks by using the independent sample t-test methods. This study finds that the average of sharia banks financial ratios of both banks is in the good conditions during the research period The results show that there is a significant difference of FDR rasio, however for CAR, NPF, BOPO, ROA, ROE, and NPM is insignificant difference.
Pengaruh Rasio Margin Laba, Rasio Lancar, Rasio Cepat,Rasio Utang Jangka Panjang, Rasio Hasil Pengembalian Investasi, Rasio Utang, Rasio Perputaran Piutang, Rasio Hasil Pengembalian Ekuitas Dan Rasio Perputaran Aktiva Tetap Terhadap Pertumbuhan Laba Sebelum Dan Sesudah Pemisahan Air Traffic Control, Studi Kasus Pada PTAngkasa Pura II Persero) Periode 2011 2014 Umi Khanifah; Erna Listyaningsih; Bambang Purwanto
Jurnal Riset Akuntansi dan Manajemen Malahayati Vol 5, No 2 (2016): Volumr 5 Nomor 2
Publisher : Universitas Malahayati

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (833.537 KB) | DOI: 10.33024/.v5i2.1274

Abstract

The objective of this research are found regression from net profit margin, current ratio,quick ratio, long term dept to equity ratio, return on inverstment, dept to equity ratio, turn over ratio,return on equity and fixed asset turn over ratio toward growing profit (before and after separation AirTraffic Control, case study in PT Angkasa Pura II Persero) with partial altough simultaneous. Andalso for found the different of financial performance in PT Angkasa Pura II (before and afterseparation Air Traffic Control, case study in PT Angkasa Pura II Persero) with used Paired Sample ttest.The research used approachment quantitative. Data used in this research is secondary data likeas financial quartely report PT Angkasa Pura II (Persero) period 2011 2014. Population from thisresearch is financial report PT Angkasa Pura II (Persero) from years 1984 2014. Taken sampletechnique that used Sistematic Sampling, with period from years 2011 2014. Method for analysisdata is regression linear analysis method and different test Paired Sample t-test that processed usedSPSS 20.0 program for windows. The result have indicate with partial test, only net profit margin thathave significat regression toward growing profit while current ratio, quick ratio, long term dept toequity ratio, return on inverstment, dept to equity ratio, turn over ratio, return on equity and fixedegression toward growing profit in PT Angkasa Pura II(Persero). The result from Simultaneous test have indicate if net profit margin that have significantregression toward growing profit while current ratio, quick ratio, long term dept to equity ratio,return on inverstment, dept to equity ratio, turn over ratio, return on equity and fixed asset turn overPT Angkasa Pura II (Persero). And forresult from different test Paired sample t-test have indicate if perfomance financial before and afterseparation Air Traffic Control is different. Performance Financial before separation Air TrafficControl more better than after separation Air Traffic Control
Pengaruh Total Quality Management, teknologi dan budaya organisasi terhadap kinerja manajerial Apip Alansori; Erna Listyaningsih; Yuliansyah Yuliansyah; Iing Lukman; Eka Sariningsih
Jurnal Akuntansi, Keuangan, dan Manajemen Vol. 2 No. 2 (2021): Maret
Publisher : Penerbit Goodwood

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/jakman.v2i2.204

Abstract

Purpose: To find out how much influence the managerial performance has in managing MSMEs and how capable it is in implementing Total Quality Management, technology and organizational culture in increasing MSMEs income. Research methodology: This research is a qualitative research with a case study approach. The data survey method used was research using probability sampling, Partial Least Square (PLS), Average Variance Extracted (AVE, Coefficient of Determination and Path Coefficient Test and Banana Chips MSME on Street Pagar Alam Bandar Lampung. Results: Total Quality Management, technology, and organizational culture simultaneously have a significant influence on managerial performance. Limitations: Time and number of research samples. Contribution: In the MSMEs environment, the natural fence road in Bandar Lampung and local government related to MSMEs Keywords: Total Quality Management, Technology, Organizational culture, Managerial performance, MSMEs
DAMPAK PANDEMI COVID-19 TERHADAP RETURN SAHAM SEKTOR PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2020 Annisa Mazid; Erna Listyaningsih; Wiewiek Indriani
JURNAL MANAJEMEN UNIVERSITAS BUNG HATTA Vol 17 No 1 (2022): Jurnal Manajemen Universitas Bung Hatta
Publisher : Management Department, Faculty of Economics and Business, Universitas Bung Hatta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37301/jmubh.v17i1.19952

Abstract

This research aims to find out how the impact of Covid-19 on the return of property and real estate sector shares is projected through differences in Return and Abnormal Return before and after the announcement of the first Covid-19 case in Indonesia. In this study used a type of secondary data obtained from the official website of the Indonesia Stock Exchange. The population in this study is all property and real estate sector companies listed on the Indonesia Stock Exchange. In sampling using purposive sampling techniques that use certain criteria. The data analysis technique in this study uses several methods, namely one sample t-test, paired sample t-test, and simple linear regression analysis. The results showed that the announcement of the first Covid-19 case in Indonesia had an effect on stock returns and abnormal return of shares shown through significant differences in abnormal returns before and after the announcement of the first Covid-19 case in Indonesia.
Co-Authors Abd. Rasyid Syamsuri Ade Maria Ulfa Agung Aji Perdana Ahmad Sidik Akrom, Akrom anggi chandraini Anita Anita Annisa Mazid Apip Alansori Aprilia Dwi Sukawati Aprilia Dwi Sukowati Arfina Yulistiani Atmono, Atmono Auliya Warda Ningrum Bambang Purwanto Bambang Purwanto Biaggi Laksana, Mohammad Chandrasekhar Krishnamurti Chandrasekhar Krishnamurti, Chandrasekhar Chrisanto, Eka Yudha Dafitri, Rizkika Devi Oktarina Diah Astika Winahyu Diah Ayu Wulandari, Diah Ayu Dina Dwi Nuryani Dina Dwi Nuryani Eka Fitriani Eka Sariningsih Eliza Chozna Ulfaniza Euis Mufahamah Fahrizal, Azli Furqoni, Prima Dian Hardoyo Hardoyo, Hardoyo Hasanah, Putri Hermawan, Dessy Hoyriyah, Samiyatun Iing Lukman Indriani, Wiewiek Irena May Rani Irianto, Gunawan Isma Kartika Karlina Herawati KURNIA KURNIA, KURNIA Kurniasari, Devi Kurnisari, Devi Launi, Amalia Vika Lestari Wuryanti Lestari Wuryanti Lolita Sary M. Arifki Zainaro Mariska, Novalia Meisya Royani Muhammad Luthfi Muhammad Muhammad Muhani, Nova Nadia Tiara Putri Natalina Natalina Natalina Natalina Nur Baiti Nurbaiti Nurbaiti Nurbaiti Oktarina, Devi Putri Hasanah Putri, Addela Mariska Putri, Nadia Tiara Reni, Christina Kusuma Rindu Rika Gamayumi Riska Dewi Ritali Mudrikah Rizki Putri Mayangsari Sagala, Raihan Zaky Sandayanti, Vira Setiawati Setiawati Setyarini, Anik Shariff, Fonda Octarianingsih Siti Selvia Vebriani Sukawati, Aprilia Dwi Susanto Susanto tarmizi tarmizi Ulfa, Ade Maria Umi Khanifah Wiewiek Indriani Wiewiek Indriani Wiewiek Indriani Wulan Anggarini Wuryanti, Lestari Yuliansyah Yuliansyah