ANALISIS KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE (STUDI EMPIRIS PADA PERUSAHAN YANG TERDAFTARDI BURSA EFEK INDONESIA TAHUN 2017-2020)

Authors

  • Istiqomah Al Qoidah Universitas Muhammadiyah Jember
  • Moh Halim Universitas Muhammadiyah Jember
  • Rendy Mirwan Aspirandi Universitas Muhammadiyah Jember

DOI:

https://doi.org/10.53625/juremi.v1i2.181

Keywords:

right issue, financial performance, ROA

Abstract

ABSTRACT

The Purpose of this study was to analyze the diffrences in financial performance before and after right issue.. The variables used are return on assets (ROA), debt to equity ratio (DER), current ratio (CR) and price to book value (PBV). The data taken is 2 years before the rights issue, namely in 2017-2018 and after the rights issue 2019-2020. The sample used as many as 20 companies listed on the IDX. The results of the study show that there is no effect on return on assets between before and after the rights issue to earn profits not only through the rights issue. The debt to equity ratio has an effect between the time before and after the rights issue. This shows that the company uses the proceeds from the rights issue. to pay off his debts. The current ratio has no effect between the time before and after the right issue. This shows that the company in paying off its short-term obligations with its assets, there is no comparison between the time before and after the right issue. Price to book value has no effect between the time before and after the right issue. . This shows that the company after carrying out the rights issue activity that most of the proceeds from the rights issue were used for industrial capital accumulation.

References

Ardhi, K. F., Yogyakarta, U. M., Jatmiko, B., Yogyakarta, U. M., & Masalah, L. B. (2015). Analisis perbedaan kinerja keuangan perusahaan sebelum dan sesudah.

Candraningrat, I. R. (2017). KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE DI BURSA EFEK IINDONESIA ( BEI ). Di, 533–554.

Indriantoro, N., & Supomo, B. (2018). Metodologi Penelitian Bisnis untuk Akuntansi & Manajemen (Edisi 1). BPFEE Yogyakarta.

Nida, D. R. P. P., Yoga, I. G. A. P., & Adityawarman, I. M. G. (2020). Analisis Reaksi Pasar Modal Terhadap Peristiwa Pemilu Serentak Tahun 2019. WICAKSANA: Jurnal Lingkungan Dan Pembangunan, 4(1), 64–73. https://doi.org/10.22225/wicaksana.4.1.1813.64-73

Sujana, I. N. (2017). Pasar Modal yang Efisien. Ekuitas: Jurnal Pendidikan Ekonomi, 5(2), 33–40. https://doi.org/10.23887/ekuitas.v5i2.12753

Vol, E., Ekonomi, F., Universitas, B., & Malang, I. (2018). E-JRA Vol. 07 No. 03 Agustus 2018 Fakultas Ekonomi dan Bisnis Universitas Islam Malang. 07(03), 40–51.

Wijana, I. N., & Putra, A. (2013). PENGARUH PENGUMUMAN RIGHT ISSUE PADA ABNORMAL RETURN DAN VOLUME. 3, 163–178.

Yadnya, I. P. (2018). SESUDAH RIGHT ISSUE DI BEI Fakultas Ekonomi dan Bisnis Universitas Udayana , Bali , Indonesia

Downloads

Published

2021-09-06

How to Cite

Al Qoidah, I., Moh Halim, & Rendy Mirwan Aspirandi. (2021). ANALISIS KINERJA KEUANGAN SEBELUM DAN SESUDAH RIGHT ISSUE (STUDI EMPIRIS PADA PERUSAHAN YANG TERDAFTARDI BURSA EFEK INDONESIA TAHUN 2017-2020). Juremi: Jurnal Riset Ekonomi, 1(2), 89–94. https://doi.org/10.53625/juremi.v1i2.181

Issue

Section

Articles