Browsing by Author "Yudawisastra, Helin G."
Now showing 1 - 2 of 2
Results Per Page
Sort Options
- ItemTHE EFFECT OF DER, ROA, INFLATION ON CORPORATE VALUES AND ITS IMPLICATIONS ON STOCK PRICES (Case Study in Mining Sector Companies Listed in Indonesia Stock Exchange (2014-2018 Period)(International Journal of Psychosocial Rehabilitation, Vol.24, Issue 02, 2020) Hendiarto, R. Susanto; Zulaikha; Yudawisastra, Helin G.; Wijaya, John HenryThe aim of this research is to find out the description and how big the influence of Debt to Equity Ratio (DER), Return on Assets (ROA), Inflation on Company Value and its implications on Stock Prices, on mining sector companies listed on the Indonesia Stock Exchange Period 2008-2017 both simultaneously or partially. This study discusses three variables, namely DER, ROA, inflation as an independent or independent variable, company value as an intervening variable or between, and stock price as a dependent or dependent variable. The method used in this research is descriptive and verification methods with a quantitative approach, so the research method used is descriptive survey method and explanatory survey method. In this research object there is a population frame. The technique taken is purposive sampling technique. Types of data can be grouped into primary data and secondary data. Data collection techniques used are library research (library research) and field research (field research). By using eviews, the results show that DER, ROA, inflation simultaneously influence the value of the company, partially DER has a significant effect on firm value, ROA has no effect and no significant effect on firm value, inflation has no effect and no significant effect on firm value, and value the company has no significant effect on stock prices.Based on this study, companies used as samples are still limited to companies registered in the mining sector so that further research needs to be done by using different research samples in a longer observation period so that it is expected that the results obtained can be generalized.
- ItemMACROECONOMIC AND GLOBAL COMPOSITE INDEXES THAT AFFECT JCI PERFORMANCE(International Journal of Psychosocial Rehabilitation, Vol.24, Issue 02, 2020) Ichsani, Sakina; Hertina, Dede; Yudawisastra, Helin G.; Wijaya, John HenryThe purpose of this study is to determine the effect of macroeconomic and global composite index to the performance of Indonesia Stock Index (JCI) for the period 2018-2019 using monthly observation period. The research method used is verification analysis. In this study, the dependent variable is the JCI performance while the independent variable consists of macroeconomic elements, such as inflation, exchange rates, Bank Indonesia (BI) interest rates, and the money supply (M2) and also global composite index consisting of Dow Jones index and Shanghai Composite Index (SSEC). Data used is secondary data, published by Bank Indonesia and financial reports that reported to the Indonesia Stock Exchange. The population in this study is macroeconomic conditions in Indonesia and in the global composite period in January 2018-September 2019 that consisting 147 data. The results showed that simultaneously inflation, exchange rate, BI rate, M2, Dow Jones Index and SSEC had a significant effect to JCI with as much influence 72.63%. The results of this study also showed that partially exchange rates, M2 and SSEC affect JCI; while inflation, the BI rate and Dow Jones have no effect on JCI. Suggestions for this research are that the government and investors always pay attention to macroeconomic conditions in Indonesia and always monitor economic conditions in the world. Suggestions for other researchers are to increase the time period of the study and to add other macroeconomic variables and global composite index.