Jurnal Riset Keuangan https://journal.unram.ac.id/index.php/jrk <p> Tujuan&nbsp;Jurnal Riset Keuangan&nbsp;adalah:<br>1. Menyebarluaskan pengetahuan, penemuan, dan pengembangan ilmu Manajemen Keuangan secara teori maupun praktis melalui hasil-hasil riset.<br>2. Mengakomodasi hasil-hasil riset ilmiah denga dunia bisnis yang membutuhkan.<br>3. Memotivasi para peneliti Manajemen Keuangan dan praktisi bisnis untuk mempublikasikan hasil temuan dalam bidangmya.</p> Fakultas Ekonomi dan Bisnis en-US Jurnal Riset Keuangan KOMPARASI ABNORMAL RETURN DAN AKTIVITAS VOLUME PERDAGANGAN SAHAM SEBELUM DAN SESUDAH RIGHT ISSUE (Studi Pada Perusahaan Pertambangan di BEI Periode 2017-2022) https://journal.unram.ac.id/index.php/jrk/article/view/4894 <p>This study aims to analyze the difference in abnormal return of company shares and the difference in <br>trading volume of the company's shares before and after the right issue on the Indonesia Stock <br>Exchange for the period 2017-2022. This type of research is comparative research with a quantitative <br>approach. The data collection method used is a sample survey. The population in this study were 46 <br>companies. The sampling technique used non probability sampling with purposive sampling, so that a <br>sample of 8 companies was selected (40 observation data). The variables in this study are Right Issue, <br>Abnormal Return and Stock Trading Volume. The results showed that there were differences in <br>abnormal stock returns between before and after the right issue and there were differences in stock <br>trading volume between before and after the right issue</p> Endi Yuda Purnawan I Nyoman Nugraha Ardana Putra Iwan Kusuma Negara Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 1 9 PEMODELAN KEBERPENGARUHAN STRUKTUR MODAL, LIKUIDITAS DAN PROFITABILITAS PADA NILAI PERUSAHAAN SUBSEKTOR OTOMOTIF DAN KOMPONEN DI BURSA EFEK INDONESIA TAHUN 2016-2022 https://journal.unram.ac.id/index.php/jrk/article/view/4895 <p>This study aims to analyze the effect of capital structure, liquidity and profitability on the value <br>of Automotive and Component Subsector companies on the Indonesia Stock Exchange in 2016-<br>2022. This type of research is causal associative research with a quantitative approach. The data <br>collection method used is the sample survey method. The population in this study were 13 <br>companies. The sampling technique used purposive sampling, so that a sample of 8 companies <br>was selected (56 observation data). The variables in this study are Capital Structure proxied by <br>Long Term Debt to Equity Ratio (LTDER), Liquidity proxied by Current Ratio (CR), Profitability <br>proxied by Return On Asset (ROA) and Firm Value proxied by Price to Book Value (PBV). The <br>data analysis technique uses multiple linear regression analysis. The results of this study indicate <br>that capital structure and liquidity have a negative and insignificant effect on firm value. Other <br>findings show that profitability has a positive and significant effect on firm value</p> Ulung Bima Saputra Iwan Kusmayadi Iwan Kusuma Negara Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 10 19 PENGARUH RASIO LIKUIDITAS, RASIO LEVERAGE DAN RASIO PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR PERTAMBANGAN TAHUN 2018-2022 https://journal.unram.ac.id/index.php/jrk/article/view/4900 <p>This study aims to examine the effect of Liquidity Ratio, Leverage Ratio and Profitability Ratio to Share Price on Mining <br>Sub-Sector Manufacturing Companies listed on the Indonesia Stock Exchange (IDX) in 2018-2022. This research is a <br>quantitative research that is associative. The data collection method used is the sample survey method with the data source <br>used, namely secondary data in the form of quantitative data, namely annual financial statements obtained from <br>www.idx.co.id. The results of the panel data regression analysis show that the Current Ratio (CR) and Debt to Equity Ratio <br>(DER) have a negative and insignificant effect on stock prices. While Return On Asset (ROA) has a positive and significant <br>effect on stock prices. Further researchers are expected to be an additional reference for conducting research on the same <br>topic in the future, and are also expected to be a source of information and consideration in making investment decisions.</p> Hasmi Laela Humaeroh Humaeroh Laila wardani Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 20 27 ANALISIS RETURN SAHAM SEPUTAR BUYBACK DI BURSA EFEK INDONESIA TAHUN 2020 https://journal.unram.ac.id/index.php/jrk/article/view/4902 <p>This research aims to examine and analyze Stock Returns and Stock Trading Volume regarding buybacks on the Indonesia <br>Stock Exchange in 2020. The type of research used in this research is comparative research. The data collection method <br>used was a survey sample with secondary data sources in the form of quantitative data which was processed using the <br>paired sample t-test and the Wilcoxon Sign Ranks Test. The research results show that there is a difference in abnormal <br>returns in the period 1 day, 5 days before and 1 day, 5 days after the buyback, while for 10 days before and after the <br>buyback there is no difference in abnormal returns. The results of this research also show that there is a difference in stock <br>trading volume on 1 day, 5 days before and 1 day, 5 days after the buyback, whereas on 10 days before and after the <br>buyback there is no difference in stock trading volume.</p> Apriadi Apriadi Nur Aida Arifah Tara Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 28 35 PENGARUH PROFITABILITAS DAN GROWTH OPPORTUNITY TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR PROPERTY, REAL ESTATE & BUILDING CONSTRUCTION YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2020-2022 https://journal.unram.ac.id/index.php/jrk/article/view/4903 <p>The purpose of this study was to exsmine The Effect Of Profitability And Growth Opportunity On Firm Value In <br>Property And Real Estate Companies At Indonesia Stock Exchange In 2020-2022. This research is a quantitative <br>research that is a associative. Samples were taken using purposive sampling techniques. In study, the sample amounted to <br>22 companies from 88 property and real estate companies listed on the Indonesia Stock Exchange in 2020-202, so that <br>the research data analyzed amounted to 66 observations. The panel data analysis method in the study is multiple linear <br>regression analysis using eviews version 12. The results of this study show that profitability has a positive and not <br>significant effect on company value. While growth opportunity has a positive effect and significant. From the results of <br>this research, it is hoped that potential investors need to pay attention to the company’s performance in managing <br>company equity and assets in its operations so that the financial decisions taken by potential investors are not wrong. And <br>the results of this research will make the company more efficient in developing equity and better utilize the growth of the <br>company’s assets.</p> Ahmad Hazaeri Budi Santoso Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 36 46 PENGARUH KEBIJAKAN DIVIDEN, PROFITABILITAS, DAN LIKUIDITAS TERHADAP NILAI PERUSAHAAN PADA NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2022 https://journal.unram.ac.id/index.php/jrk/article/view/4904 <p>The purpose of this study was to analyze the effect of dividend policy, profitability and liquidity on company value in pharmaceutical <br>sector companies listed on the Indonesia Stock Exchange in 2015-2022. This research is quantitative research that is associative in <br>nature. Samples were taken using purposive sampling technique. In this study, the research sample consisted of 7 companies from 10 <br>pharmaceutical sector companies listed on the Indonesia Stock Exchange (BEI) 2015-2022, so that the research data analyzed amounted <br>to 56 observations. The panel data analysis method in this research is multiple linear regression analysis using Eviews version 12. The <br>results of this study show that dividend policy has an insignificant positive effect on company value, profitability has an significant <br>positive effect on company value, liquidity has an insignificant positive effect on company value. From the results of this research, it is <br>hoped that potential investors need to pay attention to the company's performance in managing dividends, profitability, and the <br>company’s in its operations so that the financial decisions taken by potential investors are not wrong.</p> Inggrid Saskia Adristi Tawas Siti Aisyah Hidayati Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 47 57 PENGARUH STRUKTUR ASET, STRUKTUR MODAL DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN SEKTOR TELEKOMUNIKASI YANG TERDAFTAR DI BEI TAHUN 2018-2022 https://journal.unram.ac.id/index.php/jrk/article/view/4905 <p>This research is titled The Influence of Asset Structure, Capital Structure, and Profitability on Stock Prices in <br>Telecommunication Companies Listed on the Indonesia Stock Exchange (BEI) from 2018 to 2022. The research analysis <br>procedures include Descriptive Variable Analysis, Descriptive Statistical Analysis, Classical Assumption Tests, Multiple <br>Regression Analysis, Model Feasibility Tests, Hypothesis Testing, and Determination Tests (Adjusted R2).<br>The research findings indicate that Asset Structure (FAR) and Profitability (ROE) has a positive and significant impact, <br>while Capital Structure (DER) has a negative and insignificant impact on the stock prices of Telecommunication SubSector Companies from 2018 to 202</p> Taufan Andira muhdin muhdin Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 58 64 PENGARUH CORPORATE SOCIAL RESPONSIBILITY (CSR), RETURN ON EQUITY (ROE) DAN DEBT TO EQUITY RATIO (DER) TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2019-2022 https://journal.unram.ac.id/index.php/jrk/article/view/4906 <p>This research aims to test and analyze the effect of Corporate Scoial Responsibility, Return On Equity, and Debt To Equity Ratio on <br>stock prices in Food and Beverage Sub Sector companies listed on the Indonesia Stock Exchange in 2019-2022. This type of research <br>is quantitative research which is associative in nature with data collection methods, namely survey samples and analysis tools with the <br>help of the SPSS Version 26.0 program. The population in this study were Food and Beverage Sub-sector companies listed on the <br>Indonesia Stock Exchange in 2019-2022 totaling 84 companies with a sampling method, namely purposive sampling, based on the <br>criteria set, 11 sample companies in total were obtained. The data analysis technique used is Multiple Linear Regression Analysis. <br>Based on the data analysis test it can be concluded that: (1) Corporate social responsibility has a negative and insignificant effect on <br>stock prices, (2) Return On Equity has a positive and significant effect on stock prices, and (3) Debt To Equity Ratio has a positive and <br>significant effect on stock prices.</p> Id’ha Khairunnisa muhdin muhdin Burhanudin Burhanudin Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 65 72 PENGARUH SALES GROWTH, PROFITABILITY, CAPITAL INTENSITY, DAN LEVERAGE TERHADAP EFFECTIVE TAX RATE PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2017-2021) https://journal.unram.ac.id/index.php/jrk/article/view/4907 <p>This research aims to examine the influences of Sales Growth, Profitability, Capital Intensity, and Leverage on the Effective Tax Rate <br>in mining companies listed on the Indonesia Stock Exchange (IDX) in 2017-2021. This research is an associative research with <br>quantitative approach using purposive sampling technique with a total sample of 20 mining companies. The data source in this research <br>is secondary data obtained from IDX official website, www.idx.co.id and related company websites in the form of annual reports. The <br>results of panel data regression analysis show that Sales Growth, Profitability which is proxied by Gross Profit Margin, and Leverage <br>which is proxied by Debt to Equity Ratio have a positive and insignificant effect on the Effective Tax Rate. Meanwhile, Capital Intensity, <br>which is proxied by the fixed asset ratio, has a positive and significant effect on the Effective Tax Rate. The result of the coefficient of <br>determination (R-Squared) test is 12.96%, shows that the average Sales Growth, Gross Profit Margin, Capital Intensity, and Debt to <br>Equity Ratio have an effect of 12.96% on the Effective Tax Rate.</p> Evie Rosydayanti Nur Aida Arifah Tara Burhanudin Burhanudin Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 73 80 PENGARUH RASIO KEUANGAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR TRANSPORTASI DAN LOGISTIK DI BEI PERIODE 2014-2022 https://journal.unram.ac.id/index.php/jrk/article/view/4909 <p>The purpose of this study was to examine the effect of Profitability, Likuidity, Activity and Solvency on firm value in <br>transportation and logistic sector companies listed on the Indonesia Stock Exchange for the period 2014-2022. This study uses the <br>Tobin’s Q ratio as the Firm Value ratio. This type of research is causality associative research and secondary data by using purposive <br>sampling so that 10 samples of transportation and logistic sector companies were obtained. In the hypothesis test research using the <br>individual parameter significance test (t-test), the model feasibility test (F-test), and also the analysis coefficient of determination (R2<br>). <br>The results of this study partially using the t-test show that Return On Equity has a positive and significant effect on Firm Value, Current<br>Ratio has a negative and not significant effect on Firm Value, Total Assets Turn Over has a positive and significant effect on Firm <br>Value, Debt to Equity Ratio has a positive and significant effect on Firm Value.</p> I Gusti Ayu Devgita Andini Laila Wardani Copyright (c) 2024 Jurnal Riset Keuangan 2024-06-11 2024-06-11 2 2 81 90