Jubi, Jubi
Unknown Affiliation

Published : 22 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 22 Documents
Search

PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN LEVERAGE SEBAGAI VARIABEL MODERATING PADA PERUSAHAAN SUB SEKTOR FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA Siallagan, Maria Emas P.; Siahaan, Yansen; Jubi, Jubi; Inrawan, Ady
SULTANIST: Jurnal Manajemen dan Keuangan Vol 6, No 2 (2018): Desember: 2018
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (307.163 KB)

Abstract

The purposes of this research are to know the description of profitability, firm value, and leverage, to determine the effect of profitability on the value and to determine leverage ability to moderated profitability reletionships with firm value  at  Farmasi Sub-Sector Company listed on the Indonesia Stock Exchange. The research was conducted with qualitative descriptive analysis method and quantitative descriptive analysis. The data are collected  by using documentation method. The analysis technique used simple linear regression, moderation regression, correlation coefficient, determination coefficient and hypothesis test. Data are analysed with the help of SPSS version 20.          The results of this research be summarized as follows: 1. Average ROE fluctuated and tended to decline, the average DER fluctuated and tended to increase, and the average PBV fluctuated and tended to increase. 2. The results of simple linear regression test showed that profitability has negative effect on firm value. 3. The results of the moderation regression test showed that leverage weakens the profitability relationship with the value. 4. The results of testing the first hypothesis can be concluded that profitability has a negative effect not significant on firm value. 5. The results of the second hypothesis test can be concluded that leverage is  able to moderate the relationship between profitability and firm value.The research suggest that companies increase sales to optimize profits, use debt to increase company productivity, control the existing management of the company and distribute dividend to shareholders.
PENGARUH LIKUIDITAS DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING PADA PT DHARMA SAMUDERA FISHING INDUSTRIES, Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Velita, Septiany; Siahaan, Yansen; Jubi, Jubi; Ervina, Nelly
SULTANIST: Jurnal Manajemen dan Keuangan Vol 7, No 1 (2019): Juni: 2019
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (318.655 KB)

Abstract

The purpose of the research is to find description of liquidity, capital structure, profitability, and firm value, the influence of liquidity and capital structure to the profitability, and the influence of profitability to the firm value at PT Dharma Samudera Fishing Industries, Tbk listed in Indonesia Stock Exchange. The research used descriptive qualitative analysis and descriptive quantitative analysis. Data collection is done by using documentation method. The analysis technique used is the classical assumption test, multiple linear regression analysis, simple linear regression analysis, correlation coefficient, determination coefficient, and hypotesis testing. The data analysis was carried out using the IBM SPSS Statistic program version 20.The result of this research show that 1. Based on the first hypotesis testing, liquidity and capital structure have a significant effect to profitability. 2. Based on the second hypotesis testing, liquidity has no significant effect, but capital structure has significant effect to profitability. 3. Based on the third hypotesis testing, profitability has significant effect to firm value. The suggestions of this research is that company should control the liquid assets to increase profit, manage the long term debt, increase sales, and minimize the operational expenses. Furthermore, for the next researchers needs to research the other factor that effect the firm value. Keywords: Liquidity, Capital Structure, Profitability, and Firm Value.
PENGARUH LIKUIDITAS, UKURAN PERUSAHAAN DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR KERAMIK PORSELIN DAN KACA YANG TERDAFTAR DI BURSA EFEK INDONESIA Br Nainggolan, Jenny Frida; Siahaan, Yansen; Jubi, Jubi; Inrawan, Ady
SULTANIST: Jurnal Manajemen dan Keuangan Vol 6, No 2 (2018): Desember: 2018
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (177.216 KB)

Abstract

The purpose of this study is 1. To determine the liquidity, company size, profitability and value of the company in the Ceramic, Porcelain and Glass Sub-Sector Companies listed on the Indonesia Stock Exchange. 2. To determine the effect of liquidity, company size, profitability and firm value on the Ceramic, Porcelain and Glass Sub-Sector Companies listed on the Indonesia Stock Exchange both simultaneously and partially. This research was conducted using quantitative descriptive analysis and quantitative descriptive analysis. The object of the research is the Ceramic, Porcelain and Glass Sub-Sector Company listed on the Indonesia Stock Exchange. Data collection is done by documentation method. The analysis technique used is the classical assumption test, multiple linear regression analysis correlation coefficient, determination coefficient, hypothesis testing. This analysis was carried out using the IBM SPSS Statistic Program version 21.0.The results of this research can be concluded as follows: 1. Overall average value of Current Ratio (CR) fluctuates tends to increase 2. overall the average value of size has fluctuated tends to increase. 3. overall the average value of Return on Assets (ROA) fluctuates but tends to decrease. 4. F test found that simultaneously the magnitude of Fcount> Ftable of H0 is rejected, meaning that liquidity, firm size, and profitability have no significant effect on the value of the company in the Ceramic, Porcelain and Glass Sub-Sector Company listed on the Indonesia Stock Exchange in 2013-2017 .
PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA SEKTOR ANEKA INDUSTRI YANG TERCATAT DI BURSA EFEK INDONESIA Manurung, Sepbeariska; Lie, Darwin; Sinaga, Mahaitin; Jubi, Jubi
SULTANIST: Jurnal Manajemen dan Keuangan Vol 2, No 2 (2014): Desember
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (58.624 KB)

Abstract

Tujuan dari penelitian ini adalah untuk mengetahui gambaran profitabilitas yang diukur dengan return on equity (ROE), mengetahui gambaran nilai perusahaan dengan market to book ratio (MBR) dan mengetahui besar pengaruh profitabilitas terhadap nilai perusahaan sektor aneka industri yang tercatat di Bursa Efek Indonesia. Metode yang digunakan dalam penelitian ini adalah metode analisis deskriptif. Penelitian ini dilakukan berdasarkan data sekunder dari laporan keuangan perusahaan yang diperoleh dari idx statistik. Penelitian ini menggunakan statistik deskriptif, uji asumsi klasik dan uji hipotesis dengan menggunakan bantuan SPPS 17.0. Sampel yang digunakan adalah perusahaan sektor aneka industri yang tercatat di Bursa Efek Indonesia tahun 2009 sampai dengan tahun 2012. Profitabilitas merupakan variabel independen dan nilai perusahaan merupakan variabel dependennya. Hasil penelitian ini menyebutkan bahwa rata-rata tingkat profitabilitas yang diproksikan oleh return on equity yang dihasilkan oleh perusahaan sektor aneka industri yang tercatat di Bursa Efek Indonesia adalah sebesar 13,47%, sementara rata-rata nilai perusahaan yang diproksikan oleh market to book ratio pada perusahaan sektor aneka industri yang tercatat di Bursa Efek Indonesia adalah sebesar 1,002040. Hal ini berarti profitabilitas berpengaruh positif dan signifikan terhadap nilai perusahaan.
PENGARUH LIKUIDITAS, AKTIVITAS DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR KABEL YANG TERDAFTAR DI BURSA EFEK INDONESIA Lase, Agustian Zisokhi; Jubi, Jubi; Susanti, Elly; Putri, Debi Eka
SULTANIST: Jurnal Manajemen dan Keuangan Vol 7, No 1 (2019): Juni: 2019
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (395.69 KB)

Abstract

The objectives of this research are 1. Identify the liquidity, activity, profitability and value of sub sector cable company listed on Indonesian stock exchange. 2. Identify the liquidity, activity, profitability effect to the value of sub sector cable company listed on Indonesian stock exchange simultaneously or partially. This research was done by using the method of qualitative descriptive and quantitative descriptive analysis. The objectives this research used sub sector cable company listed on Indonesian stock exchange. The data was collected by using documentation method. The analytical techniques used are classical assumption test, multiple linear analysis, correlation coefficient  determination coefficient and hypothesis test.The result of multiple linear regression test had a negative effect to the value of the company. The results of the correlation coefficient and correlation determination analysis concluded that liquidity, activity, and profitability, have a strong connection with the company value and influenced by another variable. Simultaneous test results obtained that liquidity, activity, and profitability influence don't have a significant effect to the company value.This research suggests that the company should increase sale, accelerate debt collection, minimize operational cost and stabilize dividend development to the investor, so it can increase the company profits Keywords : Liquidity, Activity, Profitability and Company Value
PENGARUH LIKUIDITAS, SOLVABILITAS DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN YANG TERDAFTAR DALAM INDEKS LQ 45 Tiya, Tri Ade; Siahaan, Yansen; Jubi, Jubi; Manurung, Sepbeariska
SULTANIST: Jurnal Manajemen dan Keuangan Vol 6, No 2 (2018): Desember: 2018
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (326.046 KB)

Abstract

The purpose of this research is to describe liquidity,solvability, profitability and stock pricesand to know influence of liquidity, solvability and profitabilityto stock prices at the Companieslisted in LQ 45 Index.The research was using qualitative desriptive analysis and quantitative desriptive analysis. The data collection was using documentation. The analysis techniques used are multiple linear regression, correlation coeffient, coefficient of determination, hypothesis testing.The result of regression are liquidity, solvability and profitability have a negative effect on stock prices at the Companies listed in the LQ 45 Index.The results analysis of the correlation coefficient and determination coefficient is known that there is a medium relationship between liquidity, solvability and profitability of stock prices and stock prices are more influenced by other factors not examined in this research. The results of F testit is known that liquidity, solvability and profitability have a significant effect on stock prices at the Companies listed in the LQ 45 Index simultaneously. The results of the t test it is known that partially liquidity and solvability have a significant effect and profitability has no significant effect on stock prices at the Companies listed in the LQ 45 Index.The suggestion of this research is that the company should manage current assets optimally to increase revenue, control the use of debt, and distribute dividends to investors so that investors are interested in investing capital in the company.
ANALISIS LIKUIDITAS, SOLVABILITAS DAN KEBIJAKAN DIVIDEN DAPAT MENINGKATKAN NILAI PERUSAHAAN PADA PT KEBELINDO MURNI,Tbk YANG TERDAFTAR DI BURSA EFEK INDONESIA Pardede, Demak Aldi; Jubi, Jubi; Inrawan, Ady; Putri, Juan Anastasia
SULTANIST: Jurnal Manajemen dan Keuangan Vol 7, No 1 (2019): Juni: 2019
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (218.718 KB)

Abstract

The purpose of this study are: 1. To find out an overview of liquidity, solvency, dividend policy and company value in PT Kabelindo Murni, Tbk, which is listed on the Indonesia Stock Exchange. 2. To find out what factors cause company value in PT Kabelindo Murni, Tbk to increase.               The author's research was conducted using qualitative descriptive analysis techniques, comparative analysis techniques and inductive analysis techniques. The type of data in the study are qualitative data and quantitative data. The data source used is secondary data. Data collection in research is documentation techniques.               The results of this study concluded 1. The average value of liquidity with the parameter Current Ratio (CR) fluctuates and tends to increase, but the increase in current assets was followed by an analysis with a decrease in the value of current liabilities. 2. The average solvency value with the parameters Debt to Asset Ratio (DAR) fluctuates and tends to decrease, this is due to a decrease in debt which is higher than the decrease in the total assets of the company. 3. Dividend Policy (DPR) experienced fluctuations and tended to increase. This was caused by an increase in dividends per share while there was a decrease in earnings per share. 4. The company value with PBV parameters fluctuates and tends to increase, this is due to an increase in stock prices higher than the increase in book value per share.               Suggestions for this research are: It is better for companies to add working capital by making long-term debt to buy inventory that can increase sales, it is best for companies to increase sales and reduce operating expenses so that profits can increase and increasing profits can increase EPS so that the DPR can be controlled, it is best for companies to increase profits by increasing sales and streamlining operating expenses. Increasing profit can be used as working capital of the company. Keywords : Liquidity Analysis, Solvability, Dividend Policy and  Company Value
PENGELOLAAN DANA DESA BERDASARKAN PERATURAN MENTERI DALAM NEGERI NOMOR 113 TAHUN 2014 (STUDI KASUS PADA NAGORI KAHEAN KECAMATAN DOLOK BATU NANGGAR KABUPATEN SIMALUNGUN Effendi, Helwin; Jubi, Jubi; Susanti, Elly; Silaen, Musa Fernando
SULTANIST: Jurnal Manajemen dan Keuangan Vol 7, No 1 (2019): Juni: 2019
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (443.257 KB)

Abstract

The results of this research can be concluaded that: 1. Lack of community participation to participate in village fund management planning, this is due to the lack of motivation of the community to participate in the deliberations. Then there was a delay in submitting a draft village regulation that had been agreed to be evaluated. 2. In the implementation, administration, reporting and accountability of village fund management in accordance with PERMENDAGRI Number 113 of 2014, it shows that the principles of participation in management, orderly and disciplined principles, principles of transparency and accountability principles have been carried out properly.The suggestion from this research is that the village government should develop a participatory concept and foster a sense of community motivation by providing education seminars on managing village funds and leading to the implementation of village governance. Then the village government should pay more attention to the applicable regulations in managing village finances in order to realize Good Governance.
ANALISIS PERANAN RASIO AKTIVITAS DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PT KALBE FARMA, Tbk. YANG TERDAFTAR DI BURSA EFEK INDONESIA Nurleli, Merry; Tarigan, Parman; jubi, jubi; Inrawan, Ady
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 2, No 1 (2016): JUNI
Publisher : JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (122.592 KB)

Abstract

Tujuan dari penelitian ini adalah : 1) Untuk mengetahui gambaran rasio aktivitas, profitabilitas dan nilai perusahaan pada PT Kalbe Farma, Tbk yang terdaftar di Bursa Efek Indonesia 2) Untuk mengetahui peranan rasio aktivitas dan profitabilitas terhadap nilai perusahaan pada PT Kalbe Farma, Tbk yang terdaftar di Bursa Efek Indonesia. Teknik analisa data yang dipergunakan dalam penelitian ini adalah analisis deskriptif, analisis komparatif.Hasil penelitian ini adalah : 1)  Nilai TATO tertinggi adalah pada tahun 2010 yaitu 1,454 kali, nilai TATO terendah adalah pada tahun 2011 yaitu 1,318 kali. Nilai ROA tertinggi adalah pada tahun 2010 yaitu 0,191 kali, nilai ROA terendah adalah pada tahun 2009 yaitu 0,162 kali. Nilai MBR tertinggi adalah pada tahun 2014 yaitu 8,738 kali, nilai MBR terendah adalah pada tahun 2009 yaitu 0,551 kali  2)  Secara keseluruhan trend Rasio Aktivitas cenderung stabil sedangkan Nilai Perusahaan mengalami peningkatan, hal yang sama juga terjadi pada trend  Profitabilitas yang cenderung stabil namun Nilai Perusahaan mengalami peningkatan.
PENGARUH LIKUIDITAS DAN LEVERAGE TERHADAP PROFITABILITAS PADA PERUSAHAAN SUB SEKTOR PERTAMBANGAN BATUBARA YANG TERDAFTAR DI BURSA EFEK INDONESIA Pratiwi, Dewi; Lie, Darwin; Jubi, Jubi; Inrawan, Ady
JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG Vol 4, No 1 (2018): Juni
Publisher : JURNAL AKUNTANSI FINANCEIAL STIE SULTAN AGUNG

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (143.832 KB)

Abstract

AbstrakTujuan dari penelitian ini adalah untuk mengetahui gambaran likuiditas, leverage, dan profitabilitas serta pengaruh likuiditas dan leverage terhadap profitabilitas pada Perusahaan Sub Sektor Pertambangan Batubara yang terdaftar di Bursa Efek Indonesia. Desain penelitian yang digunakan adalah penelitian kepustakaan. Teknik analisis data yang digunakan dalam penelitian ini seperti: uji asumsi klasik, analisis deskriptif kualitatif dan kuantitatif.Hasil persamaan regresi penelitian ini adalah   Y = 0,178-0,010X1-0,237X2. Koefisien korelasi sebesar 0,598 dan nilai R Square sebesar 0,357. Hasil uji F menunjukkan Fhitung>Ftabel (12,496>3,20) atau tingkat signifikansi 0,000<0,05 berarti likuiditas dan leverage berpengaruh signifikan terhadap profitabilitas pada Perusahaan Sub Sektor Pertambangan Batubara yang terdaftar di Bursa Efek Indonesia. Hasil uji t untuk likuiditas thitung<ttabel (0,676<1,67943) atau Sig.>alpha (0,502>0,05), berarti likuiditas berpengaruh tidak signifikan terhadap profitabilitas. Hasil uji t untuk leverage thitung>ttabel (4,630>1,67943) atau Sig.<alpha (0,000<0,05), berarti leverage berpengaruh signifikan terhadap profitabilitas pada Perusahaan Sub Sektor Pertambangan Batubara yang terdaftar di Bursa Efek Indonesia.Saran yang dapat diberikan adalah perusahaan sebaiknya mengelola dana pada sisi aktiva lancar dan mempertahankan tingkat leverage dengan mengelola penggunaan aset dan kewajibannya secara lebih efektif dan efisien, meningkatkan penjualan serta menekan beban operasional sehingga meningkatkan profitabilitas yang  menjadi perbandingan bagi investor dan calon investor untuk menanamkan modalnya pada perusahaan. Kata Kunci: Likuiditas, Leverage, dan Profitabilitas.