Browsing INTERNATIONAL PUBLICATIONS by Author "Riantani, Suskim"
Now showing items 1-3 of 3
-
Riantani, Suskim; Hartaya, Tantra; Hasanah, Alfiah (ASEAN Conference Scientific and Social Science Research, Universiti Teknologi Mara Malaysia, June 22, 2011)[more][less]
Abstract: The impact of global financial crisis has lowered the financial performance some of mining industries in Indonesia. On the first quarter of 2009, some of them experienced 80% decreased in profit due to the decrease in price and sales of its product. The need for fresh capital to improve the financial performance has led these industries to restructure their sources of capital. One of the ways to obtain new capital is engaging in stock market. The combination of debt to equity ratio (DER) and return on asset (ROA) reflected on the price of stocks. The research analyzed and investigated the debt to equity ratio, return on asset and the effect of them on stock prices measured by the closing price. The investigations employed the regression method and test the result with the classical assumption test and using purposive sampling method to obtain the data of mining and mining service industries listed in Indonesia Stock Exchange (Bursa Efek Indonesia or BEI) for 2005-2009 period. The findings showed that the debt to equity ratio, return on assets and stock prices showed fluctuative moves. Both of the debt to equity ratio (DER) and return on asset (ROA) variables simultaneously showed a significant effect to the closing prices of the stocks of mining industries, but individually only return on asset has positive and significant effect to the closing prices of mining industries during the investigation. URI: http://repository.widyatama.ac.id/xmlui/handle/123456789/3412 Files in this item: 1
suskim riantani.pdf (190.9Kb) -
Riantani, Suskim; Hasanah, Alfiah; Devriana, Rendy (Faculty of Business Management Universiti Teknologi MARA (UiTM) Terengganu Malaysia, August 5, 2010)[more][less]
Abstract: The research investigated the use of financial report analysis to predict the bankrupcty in telecommunication company using Altman Z-Score model. Altman Z-Score has five financial ratio indicators that can be combined to differentiate between bankrupt and not bankrupt company. The five indicators are Working Capital to Total Assets, Retained Earnings to Total Assets, EBIT to Total Assets, Market Value of Equity to Book Value of Liabilities and Sales to Total Assets. The five financial ratio indicators represent the aspect of Liquidity, Profitability, Solvability and Activity. The purpose of the research is to identified and analyse Altman Z-Score model of financial ratios in a tellecommunication company listed in Indonesia Stock Market. The sample of the research were choosed by the purposive sampling method and identified two companies meet the criteria which are PT Telkom, Tbk and PT Indosat, Tbk. The investigation showed that on the period of analysis between 2003-2007 PT Telkom, Tbk is chategorized as healthy company with Altman Z-Score > 2,99 meanwhile PT. Indosat, Tbk has Altman Z-Score between 1,8 – 2,99 chategorized in the grey area condition. URI: http://repository.widyatama.ac.id/xmlui/handle/123456789/1362 Files in this item: 2
content.pdf (3.837Mb)cover.pdf (141.6Kb) -
Riantani, Suskim; Negoro, Harry Setyo; Hasanah, Alfiah (10th UBAYA International Annual Symposium On Management, Universitas Surabaya, March 16, 2013)[more][less]
Abstract: The financial evaluation of the telecommunication industry is very important information not only in assessing financial performance but also as an input for successful strategic business planning either for the management of the company or for its share holders. The purpose of this research is to evaluate the financial performance using three measures which are the growth of Earning per Share (EPS), growth of Cash Flow Operation (CFO) and the growth of Economic Value Added (EVA) and their impact to the stock return. This research applied descriptive and statistic method. Statistical analysis applied the Multiple Linear Regression and Correlation Analysis. The test of the classical assumption such as the normality, autocorrelation, multicollinearity and heteroscedasticity applied before the linear regression. The purposive sampling method is used to obtain the sample and there are three telecommunication companies as our sample which are PT Telkom Tbk, PT Indosat Tbk, and PT. XL Axiata Tbk. The result showed that the growth of EPS, CFO and EVA tend to fluctuate during the research period of 2006-2010. The three variables effect significant and simultaneously to the stock return. But partially (a) EPS do not showed significant effect to the stock return, (b) CFO showed significant effect to the stock return (c) and EVA also showed significant effect to the stock return. URI: http://repository.widyatama.ac.id/xmlui/handle/123456789/3425 Files in this item: 1
SUSKIM.pdf (335.1Kb)
Now showing items 1-3 of 3