Jurnal Ekonomis https://jurnal.unai.edu/index.php/jeko <p>Jurnal Ekonomi merupakan jurnal ilmiah yang memuat artikel-artikel hasil penelitian dan/atau gagasan ilmiah di bidang ekonomi dan bisnis. Jurnal Ekonomi menerbitkan artikel yang berasal dari kontribusi dosen, mahasiswa, dan para peneliti sejak tahun 2007. Penerbitan jurnal ini dikelola oleh Fakultas Ekonomi Universitas Advent Indonesia yang diterbitkan dua kali dalam satu tahun, yaitu Maret-September dan April-Oktober.</p> Fakultas Ekonomi Universitas Advent Indonesia en-US Jurnal Ekonomis 1979-0856 INVESTIGATING THE EFFECT OF LIQUIDITY, LEVERAGE AND SALES GROWTH ON FINANCIAL DISTRESS https://jurnal.unai.edu/index.php/jeko/article/view/2340 <p><em>Tujuan penelitian ini adalah untuk menganalisis pengaruh likuiditas, leverage dan growth terhadap Financial Distress pada perusahaan property dan real estate yang terdaftar di Bursa Efek Indonesia periode 2014 sampai dengan 2018.&nbsp; Jumlah sampel sebanyak 125 amatan ditentukan dengan menggunakan metode purposive sampling. Pengumpulan data dilakukan dengan teknik dokumentasi melalui situs Bursa Efek Indonesia (BEI). Metode analisis data yang digunakan adalah statistik deskriptif dan uji asumsi klasik. Pengujian hipotesis dalam penelitian ini menggunakan analisis regresi linear berganda dengan uji t, uji F, dan koefisien determinasi. Pengelolaan data dilakukan dengan menggunakan SPSS versi 25. Hasil penelitian menunjukkan bahwa secara simultan likuiditas, leverage dan sales growth berpengaruh signifikan terhadap financial distress. Sedangkan secara parsial likuiditas, leverage berpengaruh signifikan terhadap financial distress. Dan sales growth tidak berpengaruh signifikan terhadap financial distress.</em></p> Andhika Sudjiman Lorina Sudjiman Copyright (c) 2020 Jurnal Ekonomis 2020-07-05 2020-07-05 13 2 3 18 PENGARUH CSR DAN LEVERAGE TERHADAP NILAI PERSUSAHAAN PADA PERUSAHAAN SUB SEKTOR KOSMETIK DAN KEPERLUAN RUMAH TANGGA https://jurnal.unai.edu/index.php/jeko/article/view/2341 <p><em>The purpose of this research is to know the Corporate Social Responsibility and Leverage on the value of the company in the Indonesian Stock Exchange index in 2015-2019. The method on this study is purposive sampling. This study was conducted on the company's Sub-sector cosmetics and household use listed on the Indonesia Stock Exchange in 2015-2019 with the number of samples 4 companies that have been arranged by the authors. The results showed that Corporate Social Responsibility and Leverage influenced the company's value simultaneously. The CSR and leverage are not significantly significant in the value of the company registered in the Indonesian Stock exchange in 2015-2019</em></p> Juan Situmorang Romulo Sinabutar Copyright (c) 2020 Jurnal Ekonomis 2020-07-05 2020-07-05 13 2 19 32 THE EFFECT OF LIQUIDITY RATIOS AND RATIO OF RENTABILITY TO SOLVABILITY RATIOS. (Empirical Study of Plactics and Packaging Sub Sector Companies Listed on the Indonesia Stock Exchange in 2015-2019) https://jurnal.unai.edu/index.php/jeko/article/view/2342 <p><em>The purpose of this study are to determine the impact of the liquidity ratio represented by the current ratio and the rentability ratio represented by the gross profit margin ratio on the solvability ratio represented by the debt to equity ratio. The research method is descriptive with quantitative approach. This research was conducted upon plastic and packaging companies listed in Indonesian Stock Exchange in 2015 to 2019, with the number of samples is 8 companies in accordance with the criteria esthablised by the author. The result show all the companies have a good current ratio and gross profit ratio and the companies has a small debt to equity ratio. In the partial test it was found that the current ratio dan gross profit margin ratio had no significant on the debt to equity ratio, in simultaneous test of current ratio and gross profit ratio has a significant relationship to debt to equity ratio.</em></p> Fritz Dholly Hutapea Paul Eduard Sudjiman Copyright (c) 2020 Jurnal Ekonomis 2020-07-05 2020-07-05 13 2 33 46 EFFECT OF PROFITABILITY AND LIQUIDITY ON STOCK RETURNS ON INFRASTRUCTURE COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE FROM 2015-2018 https://jurnal.unai.edu/index.php/jeko/article/view/2343 <p><em>This study aims to determine the effect of profitability and liquidity on stock returns. The dependent variable is the return on equity (ROE) and current ratio (CR) and uses stock returns as an independent variable. The data collection method used is using purposive sampling, the source of which is secondary data, and obtained from the company's annual or financial statements. This study uses samples from infrastructure sector companies in the energy, toll roads, ports, airports &amp; the like and telecommunications sub-sector that were listed on the Indonesia Stock Exchange in 2015-2018. The analytical method used is the multiple regression method. The results showed that profitability did not affect stock returns and liquidity does not affect stock returns. And the simultaneous effect of return on equity (ROE) and current ratio (CR) on stock returns does not affect infrastructure sector companies listed on the Indonesia Stock Exchange in 2015-2018.</em></p> Gwyneth Heiddy Limbong Copyright (c) 2020 Jurnal Ekonomis 2020-07-05 2020-07-05 13 2 47 63 ANALISIS PENERAPAN GOOD CORPORATE GOVERNANCE (GCG) TERHADAP KINERJA PERUSAHAAN (Studi Empiris Perusahaan Sub Sektor Pakan Ternak yang Terdaftar di Bursa Efek Indonesia Tahun 2014-2018) https://jurnal.unai.edu/index.php/jeko/article/view/2344 <p><em>The aim of this research was to determine the influence of the implementation of good coporate governance on company’s performance. This research used board of directors, proportion of independent board of commisioners, and audit comittee as the indicators. The population were all animal feed sub sector companies listed on Indonesia Stock Exchange (BEI), the sampling method used was purposive sampling. Based on the result of the selection, there are 4 samples of selected companiess which means 20 samples of financial report. This research used secondary data in the form of financial statement (annual report) of company listed on the Indonesia Stock Exchange (BEI). The method used in this research was quantitative descriptive method by using some calculation analysis, such as classic assumption test, correlation coefficient analysis, significance test, coefficient of determination analysis, and linear regression analysis with the help of software SPSS. The result showed that the correlation (r) of each indicator were 0.310, 0.045, and 0.218, which means there was a low correlation between board of directors, proportion of independent board of commisioners, and audit comittee toward return on asset (ROA) where simultaneously GCG has no significant effect on company’s performance.</em></p> Parulian Simanjuntak Lorina Siregar Sudjiman Copyright (c) 2020 Jurnal Ekonomis 2020-07-05 2020-07-05 13 2 64 78 PERPUTARAN MODAL KERJA DAN PENGARUHNYA TERHADAP PROFITABILITAS https://jurnal.unai.edu/index.php/jeko/article/view/2345 <p><em>Profitability is the company's ability to obtain profits or profits. Several factors can affect profitability in the company one of which is net working capital. The purpose of this study was to determine the effect of working capital on profitability in Food and Beverage companies on the Indonesia Stock Exchange in the 2015-2018 period. The population in this study were 9 Food and Beverage companies. The technique used in sampling is purposive sampling, with a total sample of 36 industrial goods consumer companies. The data used in this research is secondary data. The analytical model used to solve the research problem is linear regression. Based on the results of descriptive statistical research, each variable has a pretty good result. With an average value (mean) of 9.0192 for Working Capital Turnover, and meet industry standards, which is six times, While the average value (mean) of 0.1437 for Profitability, which means less good because it does not meet industry standards, which is 0.15 or 15%. The analysis found that there was no significant effect between working capital on profitability with a t-test value of -1.674 and a significance value of 0.103&gt; 0.05.</em></p> Paul Sudjiman Copyright (c) 2020 Jurnal Ekonomis 2020-07-05 2020-07-05 13 2 79 90