Proceedings of the 2018 International Conference on Islamic Economics and Business (ICONIES 2018)

Session: Finance

15 articles
Proceedings Article

The Effect of Liquidity and Profitability to Dividend Policy with Asset Growth as Moderating Variable (Study on Property Sector, Real Estate and Building Construction Listed on Indonesia Stock Exchange)

Muhammad Sulhan, Tri Yeni Herliana
Dividend Policy is the decision whether the profit earned by the company will be shared toward the shareholders as a dividend or will be held in the form of profit in order to be used to fund future investments. Investors prefer high dividends rather than low dividends because of its certainty. To minimize...
Proceedings Article

Trading Activity Against Political Event (Event Study of the So-Called 212 Peaceful Demonstration)

Sri Utami Ady, Yessy Ethiza Faramida, Tri Listyorini, Yuniningsih
This study aimed to explain the reaction of the capital market against event (Event study) 212 demonstrations peaceful protest events against the share price of PT Nippon Indosari Corpindo Tbk in December 2016. It also aimed to analyze the level of Indonesian capital market. PT Nippon Indosari Corpindo...
Proceedings Article

Family-owned and State-owned Firms Disclosure: Comparative Analysis of Indonesia Public Firms

Utami Ratnasari, Desi Adhariani
This study aims to compare the disclosure between family-owned and state-owned firms in Indonesia Stock Exchange included in LQ45 Index in 2016. The indicator used is the Principle of Disclosure and Transparency in ASEAN Corporate Governance (ACG) Scorecard, and the method used are the qualitative descriptive...
Proceedings Article

Analysis of the Effect of Mortgage Income, Gold Price and Inflation Rate on Rahn Financial Distribution With Return on Assets as Intervening Variable

Yayuk Sri Rahayu, Sabtiyah
The this research purpose was to identify the effect of Mortgage Income, gold price, and inflation rate on Rahn financial distribution and the indirect effect with ROA as intervening variable on Sharia Mortgage in Indonesia for 2014-2016 period. This study was designed as quantitative research. The samples...
Proceedings Article

The Influence of Wage on Productivity and Inflation in The Manufacturing Industry Sector in Palembang

Agung Anggoro Seto, Royda
This study aims to analyze the influence of wages on productivity and inflation in the manufacturing industry sector in the city of Palembang. The data used in this research is labor industry wage data manufacturing, productivity data in the form of sectoral GDP of constant prices per number of workers...
Proceedings Article

Intellectual Capital to the Firm Value With Profitability as Intervening Variable

Basir S, Prianka Tiersa Arindha, Maretha Ika Prajawati
In order to compete competitively, the principle of corporate management must be changed by applying knowledge-based business based company. Intellectual capital is believed to play an essential role in improving corporate value and financial performance. The purpose of this paper is to find an effect...
Proceedings Article

The Effect of Corporate Social Responsibility and Financial Ratio to Company’s Value (Case Study of Companies Listed in LQ45 of IDX for the period 2011-2015)

Jennifer Luo, Herlina Lusmeida
The purpose of this research is to verify empirically whether Corporate Social Responsibility and Financial Ratio affect company's value. Twenty companies listed in the LQ45 from Indonesia's Stock Exchange were used as sample. The samples data were taken from the year 2011-2015 using secondary data...
Proceedings Article

Financial Report Enhances Character in Actualizing Good Governance

M.Dimyati Huda
This paper is describing about fair and without exception financial statement as a good financial management and managed by human resources who have national cultural character with the nature of openness, honest, trustworthy, integrity, effective, efficient, creative, smart, tough, caring, fair and...
Proceedings Article

Profitability and Leverage to the Value of Companies With Dividend Policies as a Moderation Variable

Mardiana, Supami Wahyu Setiyowati
the purpose of this research is to test profitability and leverage to firm value with dividend policy as moderation variable. The method used is quantitative and correlational research type. The analytical technique used is Multiple Linear Regression. The results showed that profitability and leverage...
Proceedings Article

The Effect of Diversification On Firm Performance: The Role of Family Ownership

Boy Panangian, Sylvia Veronica Siregar
This study examines the effect of diversification on firm performance and also the moderating role of family ownership. We use two measures of firm performance: excess value and return-on-assets. Our samples are listed firms Indonesia Stock Exchange from 2011 to 2015 with total observations are 347 firm-years...
Proceedings Article

P2P Lending Schemes for Funding Student SME Business

Nofian Deastuti Hajarsari
Nowadays, "student entrepreneur" is being a phenomenon. They usually fund their business using personal saving or loan from relatives. To make their business grow, they need to increase their funding but they are still not bankable. P2P lending may address that problem by providing alternative financing...
Proceedings Article

Does Managerial Ability and Corporate Governance Mitigate Tax Avoidance Activities When Environmental Uncertainty is Considered?

Mutiara Kemala Ratu, Sylvia Veronica Siregar
This study aims to examine the effect of environmental uncertainty on tax avoidance with a managerial ability and corporate governance as a moderating role in it. The sample used in this study is a company listed on the Indonesia Stock Exchange (IDX) period 2014-2016. Abnormal Book-Tax Difference (ABTD)...
Proceedings Article

The Existence of Flight to Quality: Evidence From Indonesia

Muhammad Riza Hafizi
This paper aimed to analyze the investments shift from high-risk investment (stock) to a more secure investment (bond) or commonly called a flight to quality in the event of a crisis in Indonesia. The samples in this study are Jakarta Composite Index (JCI), Indonesia Corporate Bond Index (CBIX) and Indonesia...
Proceedings Article

An Analysis on the Effect of Performance Factors and Technology Aspect on Market Share of Sharia-Compliant Banking in Indonesia

Muhamad Sandy, Ade Sofyan Mulazid, Faizul Mubarok
This study aims to analyze the influence of the Operational Efficiency Ratio (OER), Return on Assets (ROA), Non-Performing Financing (NPF) and Electronic Banking towards a market share of sharia-compliant banking in Indonesia. Secondary data was used from the annual report of the Financial Services Authority...
Proceedings Article

Reconstruction of Performance Measurement Models for Islamic Bank

Setya Rahmawati, Satia Maharani
Criticism of conventional financial performance measurement for Islamic banks states that the management behavior of Islamic banks that apply CAMELS and RGEC as a measure of performance, will be co-opted by values that focus financial goals as top priority. Islamic banks will be reduced to material and...