Determinasi   Model Altman Z Score Terhadap Return Saham

Laksmiwati, Mia; Reforma, Gresha Kosta Putri

doi:10.36080/jak.v10i1.1433

Cited by 3 publications

(4 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Sumber: Hasil Penelitian, 2023 Gambar IV.2 mendeskripsikan bahwa pergerakan Return Saham pada Indeks LQ45 selama Windows Periode 20 hari kerja pasar modal yaitu 10 hari pra dan 10 hari pasca momen G20 Bali Summit. Tingginya return saham mengindikasikan bahwa kinerja perusahaan baik, pergerakan penurunan return saham signifikan dan hutang perusahaan yang meningkat sebagai tanda perusahaan mengalami kesulitan finansial (Laksmiwati & Reforma, 2021).…”

Section: Gambar 2 Grafik Return Saham Pada Indeks Lq 45unclassified

Perbedaan Harga Saham dan Return Saham Indeks LQ45 Sebelum dan Setelah G20 Bali Summit

Pratama,

Yunita,

Julia

2023

Jurnal Akeu

View full text Add to dashboard Cite

Indonesia's G20 Bali Summit is the culmination of the G20 Presindence series. This Event Study research aims to test and analyze the differences in Stock Prices and Stock Returns during the G20 Bali Summit. Descriptive quantitative research with an observation period of 20 observation days. The research sample consists of 45 companies from the LQ45 Index. With the Paired Simple T Test test, it was found that there was no significant difference in stock prices and stock returns before and after the G20 Bali Summit moment. This is because the IDX LQ45 Low Carbon Leader index was launched which is compared to the LQ45 index as the parent index and as a form of IDX support for the main issue of the G20 Bali Summit. So that the information contained at that moment did not affect the decision of potential investors in making their investment decisions. But overall, the performance of Indonesian stocks this year is quite good. In this study, it is hoped that potential investors will consider the information used for making investment decisions.

show abstract

Section: Gambar 2 Grafik Return Saham Pada Indeks Lq 45unclassified

Perbedaan Harga Saham dan Return Saham Indeks LQ45 Sebelum dan Setelah G20 Bali Summit

Pratama,

Yunita,

Julia

2023

Jurnal Akeu

View full text Add to dashboard Cite

show abstract

“…Semakin tinggi laba semakin tinggi return yang diharapkan uinvestor (Riantani et al, 2020). Penelitian terdahulu oleh (Effendi et al, 2016;Kadim & Sunardi, 2018;Oktaviani, 2020) (Laksmiwati & Reforma, 2021). Semakin tinggi laba ditahan, manajer perusahaan cenderung akan meningkatkan investasi untuk menjaga kelangsungan hidup perusahaan (going concern) dengan cara meningkatkan minat investor melalui pemberian return saham yang tinggi (Riantani et al, 2020).…”

Section: Imbal Hasil Saham (Return Saham)unclassified

“…Semakin tinggi laba ditahan, manajer perusahaan cenderung akan meningkatkan investasi untuk menjaga kelangsungan hidup perusahaan (going concern) dengan cara meningkatkan minat investor melalui pemberian return saham yang tinggi (Riantani et al, 2020). Penelitian terdahulu oleh (Kadim & Sunardi, 2018;Laksmiwati & Reforma, 2021)…”

Section: Imbal Hasil Saham (Return Saham)unclassified

Determinasi Financial Distress Terhadap Return Saham

Paramita

Ramdani

2022

Jurnal Ilmu Manajemen Saburai

View full text Add to dashboard Cite

Mini riset ini bertujuan untuk mengetahui determinasi kesulitan keuangan/financial distress dengan proksi Altman z score terhadap imbal hasil saham pada perusahaan subklasifikasi industri restoran, hotel dan pariwisata yang terdaftar di Bursa Efek Indonesia tahun 2018-2020. Jenis penelitian ini tergolong penelitian kuantitatif. Analisis data berupa analisis regresi linier berganda menggunakan SPSS 25. Teknik pengambilan sampel adalah purposive sampling yang menghasilkan 20 sampel perusahaan. Hasil penelitian menunjukkan bahwa Earning Before Interest and Tax to Total Assets (EBITTA) dan Market Value of Equity to Book Value Of Debt (MVEBVD) secara parsial berpengaruh positif terhadap return saham. Komponen lainnya yaitu Working Capital to Total Assets (WCTA), Sales to Total Assets (STA) dan Retained Earnings to Total Assets (RETA) secara parsial tidak berpengaruh terhadap imbal hasil saham. Komponen prediktor financial distress secara simultan mempengaruhi imbal hasil saham.

show abstract

“…Hasil tersebut didukung penelitian dari Riantani, (2020) yang mengemukakan minat investor untuk berinvestasi tidak dipengaruhi oleh laba perusahaan ataupun penurunan pendapatan, sehingga EBITTA tidak memiliki pengaruh pada pengembalian saham. Hasil tersebut kontradiktif dengan studi Kewal et al (Kewal et al, 2020); Laksmiwati & Reforma (Laksmiwati & Reforma, 2021) dan Paramita & Ramdani (Paramita & Ramdani, 2022) yang sama-sama memperlihatkan bahwa EBITTA memiliki pengaruh positif pada return saham, di mana tingginya nilai EBITTA berbanding lurus dengan peningkatan return yang diperoleh.…”

Section: Pengaruh Earnings Before Interest and Taxes To Total Assets ...unclassified

Prediksi Financial Distress dan Pengaruhnya Terhadap Return Saham Perusahaan Sub Sektor Industri Tektil dan Garmen yang Terdaftar di Bursa Efek Indonesia Periode 2017-2021

Hertina

Tsaniya

2022

View full text Add to dashboard Cite

The aim of this research is to find out the potential for financial difficulties in the textile and garment industry subsectors for the 2017–2021 period. The research population consisted of 21 companies, with a research sample of as many as 10 companies. As for techniques in data analysis, it begins by measuring the potential for financial difficulties through the Springate calculation equation model, followed by panel regression data analysis, the classic assumption test, determination (R2), and hypothesis testing. According to research, eight of the ten companies that comprised the research sample declared financial difficulties during the study period. While the hypothesis test results show that working capital contributes to total assets, earnings before interest and tax contribute to total assets, profit before tax aids in the smooth discharge of liabilities, and sales of total assets have no significant impact on the company's stock return.

show abstract

Determinasi Model Altman Z Score Terhadap Return Saham

Cited by 3 publications

References 0 publications

Perbedaan Harga Saham dan Return Saham Indeks LQ45 Sebelum dan Setelah G20 Bali Summit

Perbedaan Harga Saham dan Return Saham Indeks LQ45 Sebelum dan Setelah G20 Bali Summit

Determinasi Financial Distress Terhadap Return Saham

Prediksi Financial Distress dan Pengaruhnya Terhadap Return Saham Perusahaan Sub Sektor Industri Tektil dan Garmen yang Terdaftar di Bursa Efek Indonesia Periode 2017-2021

Contact Info

Product

Resources

About