scholarly journals Impact of COVID-19 on Performance Evaluation Large Market Capitalization Stocks and Open Innovation

2021 ◽  
Vol 7 (1) ◽  
pp. 56
Author(s):  
Immas Nurhayati ◽  
Endri Endri ◽  
Renea Shinta Aminda ◽  
Leny Muniroh
Keyword(s):  
Stock Exchange ◽  
Sample Selection ◽  
Composite Index ◽  
Sampling Technique ◽  
Performance Model ◽  
Average Risk ◽  
Tick Size ◽  
Market Capitalization ◽  
Large Market ◽  
Risk Free Rate

This research is an event study that evaluates the performance of large market capitalization shares using a performance model that is adjusted to risks due to the COVID-19 outbreak. The study measured the performance of large market capitalization stocks which represented each tick size on the Indonesian Stock Exchange during the COVID-19 pandemic using the Sharpe Index, the Treynor Ratio, and Jensen’s Alpha. The sample selection used a purposive sampling technique and 24 stocks were selected as samples in the study. We used the daily closing price of stocks, the Indonesia composite index, and average risk-free rate return (BI rate). By using Jensen’s Alpha, this study found that FREN was the highest beta with a value of 1.8189, indicating that the index was an effective and well-diversified stock. FREN is low priced and the highest market capitalization stock in its tick size (third tier stocks). Jensen’s Alpha is good for measuring the performance of large capitalization and low-priced stocks. There are eight stocks that always have negative values in each method of measuring stock performance, which indicates that these stocks underperformed during COVID-19.

scholarly journals PENGARUH KEPEMILIKAN INSTITUSIONAL, KOMPETENSI DEWAN KOMISARIS DAN KUALITAS AUDITOR PADA NILAI PERUSAHAAN

2017 ◽  
pp. 3379
Author(s):  
Cok Istri Ratna Sari Dewi ◽  
Ni Made Dwi Ratnadi ◽  
Maria M. Ratna Sari
Keyword(s):  
Firm Value ◽  
Stock Price ◽  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Annual Reports ◽  
Positive Effects

High firm value will increase the prosperity of shareholders. The higher the stock price, the higher the firm value could be. Generally investors will hand over its management to the professionals to achieve the company’s goal which is to increase the firm values. This study aims to examine the influence of institutional ownership, the competence of board of commissioners and the quality of auditor on firm values. The analyzed data is secondary data, taken from financial statements and annual reports of companies that listed in Indonesia Stock Exchange from 2012-2015. The sample selection determined by using purposive sampling technique, 48 companies were acquired. Multiple linear regression techniques were used to analyze the data. The results showed that institutional ownership, the competence of board of commissioners and the quality of auditor have positive effects on firm values.

scholarly journals Pengaruh Proporsi Komisaris Independen, Leverage, Sales Growth, Dan Profitabilitas Pada Tax Avoidance

2018 ◽  
pp. 1884
Author(s):  
Ni Putu Winda Ayuningtyas ◽  
I Ketut Sujana
Keyword(s):  
Regression Analysis ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sample Selection ◽  
Tax Avoidance ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Sales Growth ◽  
Manufacturing Companies ◽  
Analysis Technique

This study aims to examine the variables of the proportion of independent commissioners, leverage, sales growth and profitability that affect companies to carry out tax avoidance. This research was conducted on all manufacturing companies listed on the Indonesia Stock Exchange (BEI) in 2014-2017, with a total of 200 samples. Sample selection using probability sampling technique is purposive sampling technique. The data analysis technique used is a multiple linear regression analysis test. The results showed that the proportion of independent commissioners, sales growth and profitability had no effect on tax avoidance while leverage had an effect on tax avoidance. Keywords: tax, leverage, sales growth, profitability

scholarly journals The Effect of Current Ratio (CR), Firm Size (FS), Return on Equity (ROE), and Earning Per Share (EPS) on the Stock Prices of Manufacturing Companies listed in Indonesia Stock Exchange in the 2014-2018 Period

2020 ◽  
Vol 3 (4) ◽  
pp. 2759-2773
Author(s):  
Yeni Ariesa ◽  
Tommy Tommy ◽  
Jane Utami ◽  
Intan Maharidha ◽  
Nanda Ciptara Siahaan ◽  
...  
Keyword(s):  
Firm Size ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Total Sample ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Return On Equity

This study aims to determine the effect of Current Ratio on stock prices, the effect of Firm Size on stock prices, the effect of Return On Equity on Stock Prices, the effect of Earning Per Share on Stock Prices, and the influence of Current Ratio, Firm Size, Return On Equity, and Earning Per Share simultaneously on stock prices in the 5 year period, 2014-2018. This study uses a quantitative approach with a descriptive statistical analysis type. The population in this study amounted to 150 companies. This study uses financial statement data with time series for the last 5 years published from www.idx.co.id. In this study, the sample selection used purposive sampling technique. The sample of this study contained 49 companies in the last 5 years with a total sample quantity of 245 manufacturing companies. The results of this study indicate that partially Current Ratio and Return On Equity have no and insignificant effect on stock prices of manufacturing companies. Partially Firm Size and Earning Per Share have a positive and significant effect on stock prices of manufacturing companies. Meanwhile, the independent variable Current Ratio, Firm Size, Return On Equity, and Earning Per Share simultaneously have a significant effect on the variable stock price of manufacturing companies.

scholarly journals Pengaruh Current Ratio, Inventory Turnover dan Debt to Equity terhadap Return on Asset

2021 ◽  
Vol 4 (2) ◽  
pp. 974-984
Author(s):  
Sindik Widati ◽  
Tania Dwi Hartini
Keyword(s):  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sample Selection ◽  
Secondary Data ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Annual Reports ◽  
Current Ratio ◽  
Inventory Turnover ◽  
Asset Inventory

This study aims to determine the effect of Current Ratio, Inventory Turnover and Debt to Equity on Return on Asset Practice in Property and Real Estate companies listed on the Indonesia Stock Exchange period 2017-2019. The research method used in this study is a quantitative method. The data used are secondary data in the form of financial statements and annual reports. The sampling technique in this study was purposive sampling method in which sample selection was based on certain criteria. The study population used was 64, the research sample of 24 companies. The analysis technique in this study uses multiple linear regression analysis. The analysis shows that Current Ratio do not affect the Return on Asset, Inventory Turnover do not affect the Return on Asset and Debt to Equity do not affect the Return on Asset.

scholarly journals Finding Size Factor and Value Factor in Indonesia Stock Exchange

2018 ◽  
Vol 14 (7) ◽  
pp. 63
Author(s):  
Yudhistirangga Yudhistirangga ◽  
Hermanto Siregar ◽  
Trias Andati
Keyword(s):  
Capital Market ◽  
Stock Price ◽  
Stock Exchange ◽  
Composite Index ◽  
Size Factor ◽  
Market Pricing ◽  
Book Value ◽  
Market Capitalization ◽  
Small Market ◽  
Gathering Data

This study conducted by gathering data from Indonesia Stock Exchange (IDX) with 2 specifics model, Capital Market Pricing Model (CAPM) and Fama French 3 Factors Model (FF3FM). These model was estimated by classify 557 stocks in Jakarta Composite Index (JCI) to 6 classes: S/L class is class with small size and low Book to Equity (BE) to Market Equity (ME), S/M class is class with small size and medium in BE/ME, S/H class is class with small size and high in BE/ME, otherwise B/L class is class with big size and low in BE/ME, B/M class is class with big size and medium in BE/ME, B/H class is class with big size and high in BE/ME. With F test, t test and classic assumption test, best class and best model were B/L class and FF3FM. The result was confirmed size factor and value factor in Indonesia Stock Exchange (IDX). Size factor are confirmed in 3 classes (S/M, S/H and B/L), and value factor are confirmed in 4 classes (S/M, S/H, B/L and B/H). Therefore, classes with size and value factor are S/M, S/H and B/L. With BE/ME is 1/PBV and PBV indicating the stock price relative to its book value, so in Indonesia Stock Exchange the size factor and value factor confirmed in market with small market capitalization with low to medium in stock price relative to its book value and market with big market capitalization with high stock price relative to its book value.

THE EFFECT OF RISK, PROFITABILITY, AND LIQUIDITY ON CAPITAL ADEQUACY

2019 ◽  
Vol 24 (1) ◽  
pp. 36-50
Author(s):  
Fransisca Carindri ◽  
Untara
Keyword(s):  
Stock Exchange ◽  
Risk Index ◽  
Sample Selection ◽  
Predictive Ability ◽  
Sampling Technique ◽  
Capital Adequacy ◽  
Return On Assets ◽  
Net Interest Margin ◽  
Analysis Technique ◽  
Research Population

The purpose of this research was to determine the effect of partial Non Performing Loan (NPL), Risk Index (ZRISK), Return on Assets (ROA), Net Interest Margin (NIM), Loan to Deposit Ratio (LDR) and Loan to asset Ratio (LAR) to the Capital Adequacy Ratio (CAR) on banking companies listed on the Stock Exchange. The research population was banking companies listed in Indonesia Stock Exchange during the three (3) year period from 2010 to 2012. The sample used in this research was determined using purposive sampling technique in which there are 29 companies that meet the criteria for sample selection. The analysis technique used is multiple linear regression and the processing of the data using SPSS v15.0. The results showed that the ROA, LDR, and LAR have no significant effect on CAR. While the NPL, Risk Index and NIM have a significant effect on CAR. Predictive ability of the six independent variables on CAR was at 32.9 % while the remaining 77.1 % is influenced by other factors not included in the regression model. Keyword: Risk, Profitability, Liquidity, Capital Adequacy

scholarly journals Pengaruh Manajemen Laba Pada Nilai Perusahaan Dengan Agresivitas Pajak Sebagai Variabel Intervening

2019 ◽  
Vol 29 (3) ◽  
pp. 1055
Author(s):  
Ni Wayan Intan Saskara Wahyuni ◽  
I Gusti Ayu Nyoman Budiasih
Keyword(s):  
Earnings Management ◽  
Path Analysis ◽  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Sampling Technique ◽  
Data Types ◽  
Tax Aggressiveness ◽  
Company Value ◽  
Negative Effect

This study aims to analyze and determine the effect of earnings management on company value with tax aggressiveness as an intervening variable. The theoretical implications of this research to be able to support the application of agency theory and signaling theory by conducting research on a straightforward basis. The study was conducted on mining companies listed on the Indonesia Stock Exchange in 2012-2018. This study uses quantitative data types and secondary data sources with the number of observations obtained as many as 60 observations determined using the nonprobability sampling method with a purposive sampling technique as a sample selection method. Data analysis technique used in this research is path analysis with SPSS program. Based on the results of the path analysis in this study shows that earnings management has no effect on tax aggressiveness. Tax aggressiveness has a negative effect on company value. Earnings management has a negative effect on company value. Earnings management does not affect indirectly the value of the company through tax aggressiveness. Keywords : Earnings Management; Tax Aggressiveness; Company Value. 

scholarly journals Faktor-Faktor Yang Mempengaruhi Opini Audit Going Concern (Studi Empiris pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2015-2017)

2019 ◽  
Vol 14 (1) ◽  
pp. 15-42
Author(s):  
Suci Rahmadona ◽  
Sukartini ◽  
Dedy Djefris
Keyword(s):  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Total Sample ◽  
Company Size ◽  
Audit Opinion ◽  
Going Concern ◽  
Mining Companies ◽  
Company Growth ◽  
Selection Of

Going concern audit opinion is an opinion issued by the auditor to ascertain whether the company can maintain its survival. This research was conducted to examine the factors that influence the going concern audit opinion. These factors are, company size, company growth, solvency and previous year's audit opinion. The sample in this study are mining companies listed on the Indonesia Stock Exchange during the 2015-2017 period. The sample selection is done by purposive sampling technique, namely the selection of samples based on certain criteria. So that the total sample of this study was 60 samples. Data analysis used is logistic regression analysis using SPSS version 20. The results of this study are company size, company growth and solvency does not affect the going concern audit opinion. Whereas, the previous year's audit opinion affects the going-concern audit opinion.

scholarly journals Pengaruh Leverage, Growth Opportunity, Ukuran Perusahaan dan Intensitas Modal terhadap Konservatisme Akuntansi

2021 ◽  
Vol 9 (1) ◽  
pp. 46
Author(s):  
Suci Kurnia Putri ◽  
Wira Lestari ◽  
Riski Hernando
Keyword(s):  
Firm Size ◽  
Banking Sector ◽  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Capital Intensity ◽  
Accounting Conservatism ◽  
Software Application ◽  
Growth Opportunity ◽  
Research Period

The purpose of this study is to examine the effect of leverage, growth opportunity, firm size and capital intensity on accounting conservatism in the banking sector listed on the Indonesia Stock Exchange (IDX) both simultaneously and partially. The banking sector listed on the Indonesia Stock Exchange (IDX) was selected for the population in this study. The sample selection was carried out using purposive sampling technique and obtained 28 companies with a research period of four years of observation (2016-2019). Meanwhile, the data analysis in this study used multiple regression analysis methods using the SPSS version 22 for windows software application. The results of research conducted in this research indicate that the variable leverage, growth opportunity, firm size and capital intensity simultaneously affect accounting conservatism and firm size variables affect accounting conservatism partially. Meanwhile, other variables such as: leverage, growth opportunity, capital intensity show no effect on accounting conservatism partially. Keywords: Accounting Conservatism; Leverage; Growth Opportunity; Firm Size; Capital Intensity

scholarly journals Fenomena Saham Tidur dan Kinerjanya

2016 ◽  
Vol 17 (2) ◽  
pp. 71
Author(s):  
Erpina Desy Desy Sihombing ◽  
Supramono Supramono
Keyword(s):  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Ratios ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Market Capitalization ◽  
Earnings Per Share

<em>Sleeping stocks are the stocks that are not actively traded in a certain period. The aim of this is to analyze performance of the companies whose stocks are “sleeping” in Indonesia Stock Exchange. Employing purposive sampling technique, 66 stocks were selected. The analysis of the companies’ performance was done by using market capitalization and the financial ratios that consist of return on asset ratio, return on equity and earnings per share, during 2010-2012. The result of this study showed companies with small capitalization and poor perfomance tend to have sleeping stocks.</em>

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