bluuebunny/crossref_metadata_2025 huggingface dataset:
Business Feasibility Study Analysis of The Pianeta Ice Cream Dessert Business
Authors: Wijaya Septihani Michella , Metty Patrice Febiyani , Wijaya Andi , Yukianti Chiara Rizka
Published: August 2023

The feasibility study analysis for the Pianeta Gelato business was carried out to present an experience of enjoying ice cream in a different way and concept than usual, as well as to meet market demand which is the foremost opportunity for the establishment of this business. Indonesia's climate and urban lifestyle are the main factors that increase the demand for ice cream products yearly. This Pianeta Gelato business uses a B2C (Business to Consumer) business model. This analysis also aims to find out about business competitors to improve concepts and create appropriate strategies to market this ice cream product to a predetermined target market. The strategy used is to make product concepts and designs that are different from usual, to do the taste by publishing a menu that is the same as the store concept, and to intensify promotions through digital marketing such as social media and KOL to increase public brand awareness. We also use technology that helps in the production and service processes to produce customer satisfaction with our products. The economic benefits obtained from this business are helping the Indonesian economy, providing job opportunities, helping local MSMEs using raw materials, and increasing state income through taxes paid. This ice cream business also pays attention to and supports sustainable development goals through environmentally friendly packaging and waste treatment carried out according to procedures.
The Effect of Employee Empowerment and Work Environment on Organizational Commitment and Their Impact on Employee Performance
Authors: Dwiputri Angelica Caroline , Widjaja Oey Hannes , Cahyadi Hadi , Wijaya Henryanto
Published: August 2023

This research was triggered by educational institutions in Indonesia that are not widely known by people out there. Education is a very common need and demand in children's lives. The purpose of education is to guide all the natural forces that exist in these children, so that they as humans and as members of society can achieve the highest safety and happiness. Education is also a conscious effort to prepare for the role of students in the future through guidance activities, such as counseling, education, and/or training. This study uses Structural Equation Modeling (SEM) to perform data analysis. The research sample consisted of 100 employees in private schools in North Jakarta. The results show that we must pay attention to the empowerment, environment, commitment and performance of employees who work in the field of education so that the future of the nation's children can be better than now.
The Effect of Board Gender Diversity and Firm Size on Cash Holding of Manufacturing Companies: Evidence from Indonesia
Authors: Setiawan Fanny Andriani , Kurniawati Herni
Published: August 2023

The company's cash holding is closely related to the company's efforts to minimize external funding costs. Companies that have large amounts of cash have the hope that each financing can first be financed with the company's internal funding sources, if not, then use external funding sources. The level of cash holding of a company can be influenced by various factors, including board gender diversity and firm size. This study aims to prove empirically how gender diversity in the board of directors can increase cash holding and also how company size can increase the value of cash holding. This research was assisted by the EViews 10 software program. The test results prove that gender diversity in the board of directors does not have a positive effect on cash holding, but the size of the company has a positive effect on cash holding.
Dividend Policy: Examining The Effect of Probability, Leverage, Firm Size, and Growth & Investment Opportunity
Authors: Salim Evans , Widoatmojo Sawidji
Published: August 2023

This study aims to determine the effect of profitability, leverage, company size, and growth & investment opportunities on dividend policies from all non-financial companies listed on Indonesian Stock Exchange for the 2018-2020 period. This study generated 288 data from the 96 companies observed which met the purposive sampling criteria. Panel data regression, processed by EViews 10 is used as an analytical method for testing the hypotheses. To determine the best data estimation model, we utilized Chow Test and Hausman Test, which results pointed out that Fixed Effect Model is the most suitable for this study. Correlations and Glejser Test are also conducted beforehand, to ensure that both Multicollinearity and Heteroscedasticity are not present in this model. Research results found that profitability has a positive significant effect on dividend policy, leverage has a positive but insignificant effect on dividend policy, company size has a positive but insignificant effect on dividend policy, and lastly growth & investment opportunities has a negative but insignificant effect on dividend policy.
Analysis of Digital Bank Services in Indonesia Based on Consumer Perception
Authors: Natsir Khairina , Arifin Agus Zainul , Sadhewa Claudius Barly , Aprilia Della , Dharsono Selvi
Published: August 2023

This study aims to find out that Financial Performance in a company that provides Digital Bank services can be influenced by consumer perceptions represented through the variables of Customer Experience, Customer Satisfaction and Customer Loyalty. The data were collected using a survey aimed at users of Digital Bank services in Indonesia which was then tested statistically by analysis of the Outer Model and the Inner Model using Partial Least Square (PLS). Unlike other studies, this study used NPS (Net Promoter Score) as an indicator of Financial Performance Customer Experience, Customer Satisfaction and Customer Loyalty.  The results of the study showed that Customer Experience, Customer Loyalty and Customer Satisfaction had a positive effect on Financial Performance, Customer Experience had a positive effect on Customer Loyalty and Customer Satisfaction. This study also found that Customer Loyalty and Customer Satisfaction mediate the influence of Financial Experience on Financial Performance.
Factors Affecting Financial Management Behavior Among Universitas Tarumanagara’s Students
Authors: Mardiana Mardiana , Widoatmojo Sawidji
Published: August 2023

This research aims to determine the effect of financial knowledge, financial attitude, and income on financial management behavior in Universitas Tarumanagara’s students. The population of this study was active students at Universitas Tarumanagara that selected using a non-probability sampling technique, which is purposive sampling amounted to 150 respondents. The data collection using questionnaires presented in the form of a google form and distributed online. The data obtained were processed using PLS-SEM using Smart-PLS software. The results found that financial knowledge has a positive significant influence on financial management behavior, a financial attitude has a positive significant influence on financial management behavior. Meanwhile, income has a positive insignificant influence on financial management behavior.
The Effect of Financial Ratios and Company Size on Company Financial Performance
Authors: Maharani Dwi Egalita Novia , Ekadjaja Agustin
Published: August 2023

The goal of this study is to learn more about the effect of Total Asset Turnover, Current Ratio, Leverage, and Company Size on Company Financial Performance. This study uses a sample of 26 manufacturing companies in the consumer goods industry during 2017-2020 which can be seen on the IDX obtained using the purposive sampling method. The application used for data processing in this research is E-views 12. This test results that Total Asset Turnover and Company Size have a significant impact on the Financial Results of the Firm, Current Ratio has a negative and insignificant effect on the Firm Performance, and Leverage has a negative significant impact on the Firm Performance. From this research, high-quality management is needed to encourage companies to improve their performance to figure out how to compete with the best strategies and subsequently maintain the Company’s Financial Performance for the survival of the firm.
Intellectual Capital, Capital Structure, Firm Size, Firm Age and Financial Performance
Authors: Rundjan Esther Priscilla , Susanti Merry
Published: August 2023

This study aims to find out how the role of the components of intellectual capital and capital structure on financial performance in financial sector companies listed on the Indonesia Stock Exchange during 2018-2020. Samples were selected by purposive sampling method and valid data were 59 companies. The data processing technique uses multiple regression analysis assisted by the EViews 12 SV program and Microsoft Excel. The results of this study show that the three components of intellectual capital, namely structure capital efficiency, human capital efficiency and capital employed efficiency as well as capital structure have a significant influence on the company's financial performance. The implication of this study is that it is necessary to maintain the company's attention to employees, the values that can make the company unique, as well as company funding that will improve the company's financial performance that will provide a good signal for investors.
Analysis of the Effect of the COVID-19 Pandemic on Stock Return of Banking Company
Authors: Permatasari Desya , Nugroho Vidyarto
Published: August 2023

This research examines the influence of COVID-19 on stock return in banking companies listed on the Indonesia Stock Exchange in 2020 between the 2nd of March and the 30th of December, 2020. To assess the effect of COVID-19, the growth of confirmed cases, the growth of death cases, the growth of recovery cases, and the new normal policy are used as independent variables, with stock returns as the dependent variable. Research method using quantitative. Sampling using probability sampling with census method. Testing data using the program EViews 12. The results reveal that, the growth in confirmed cases also the growth in death cases due to COVID-19 have a significant and negative effect on the stock returns of banking companies. The growth in COVID-19 recovery cases has a negative influence on the stock return, while the new normal policy has a positive influence on stock return of banking companies.
Brand Experience, Perceived Value, and Social Media Marketing to Predicate Brand Loyalty
Authors: Cynthia Cynthia , Keni Keni
Published: August 2023

This study aims to empirically test brand experience, perceived value, and social media marketing to predict brand loyalty in Jakarta. The online questionnaire was distributed using Google Forms with a 5-point Likert scale for each indicator. The number of samples is 185 respondents. All data were analyzed using Partial Least Square–Structural Equation Modeling (PLS-SEM) method, using SmartPLS 3.0 software. The results of this study indicate that perceived value and social media marketing can positively predict brand loyalty in Jakarta, but the brand experience cannot positively predict brand loyalty in Jakarta. The results show that brand has not succeeded in carrying out an approach that can influence the moods and emotions of customers that can create a memorable experience for the brand, so loyalty has not yet been created.
The Effect of Attitudes, Social Environment, and Self-Efficacy on Entrepreneurship Intention of S1 Management Students in West Jakarta
Authors: Gunawan Vincent , Wijaya Andi
Published: August 2023

Along with the passage of time and the development of people's ability in entrepreneurship, entrepreneurial activities are increasingly in demand by the world community from various different backgrounds including Indonesia. Entrepreneurial activities are now seen as an activity that can provide opportunities to achieve success through the efforts they create. The purpose of this study was to find out and analyze the influence of attitudes, sosial environment, and self-efficacy on the entrepreneurship intentions of S1 Management Students of West Jakarta. Sampling this study was done by non-probability sampling methods, namely voluntary sampling and data collection is done with questionnaires. This study sample was 100 respondents from 105 respondents who studied at universities in West Jakarta. This study used SmartPLS 3.3.3 in processing the collected data. The results of this study found that attitudes and self-efficacy have a positive and significant influence on entrepreneurship intentions in undergraduate management students in West Jakarta, while the social environment does not have a significant influence on the social entrepreneurship intentions of students.
The Effect of Work Environment and Compensation on Employee Work Satisfaction at Medical Appliance Company
Authors: Sinuraya Aprilia Riahta Millenia , Ekawati Sanny
Published: August 2023

The purpose of this study was to examine the effect of work environment and compensation towards employees work satisfaction at Medical Appliance Company. This study was causal research using quantitative method. The sampling method used purposive sampling technique based on certain criteria. This study had a sample size of 57 respondents. The data analysis used outer and inner model test in SmartPLS software version 3.3. The findings of this study showed that the work environment and compensation had a positive and significant effect on employee work satisfaction at Medical Appliance Company. This study can be used as a reference for Human Resource Department to make policy and decision that have an impact on increasing employee job satisfaction.
Determinants of Investment Intention in Indonesian Capital Market Moderated by Investor Age
Authors: Felicia Felicia , Handoyo Sarwo Edy
Published: August 2023

This study was carried on to determine the effect of technology development, investment knowledge, and self-efficacy on investment interest with age as a moderating variable in West of Jakarta society who is interested in doing investment, especially in the capital market. This study has 100 respondents as a subject who are domiciled or staying in the West of Jakarta and has an interest in investing in the capital market. The purposive sampling method is used in this study. This study is using Partial Least Square (PLS) approach by using the SmartPLS application version 3.0 to analyze the data. The discovery of this study shows that technology development and self-efficacy influence investment interest, while investment knowledge does not influence investment interest. Then, age does not moderate the development of technology, investment knowledge, and self-efficacy on investment interest.
The Effects of Entrepreneurial Orientation and Sustainability Orientation Towards Sustainable Entrepreneurship of MSMEs in Jakarta with Entrepreneurial Bricolage as Mediation
Authors: Kurniawan Graciella Audrey , Selamat Frangky
Published: August 2023

This research is conducted to know the effects of entrepreneurial orientation and sustainability orientation towards sustainable entrepreneurship of MSMEs in Jakarta with entrepreneurial bricolage as mediation. This research used non-probability sampling through convenience sampling to obtain 119 respondents which are the people in MSMEs in Jakarta that are in the creative economy sector. Data are collected online through a questionnaire distributed through Google Forms. The data are processed with PLS-SEM method and SmartPLS 3.3.3 software. Result shows that entrepreneurial orientation and sustainability orientation influenced entrepreneurial bricolage of MSMEs in Jakarta positively and significantly, entrepreneurial bricolage influenced sustainable entrepreneurship of MSMEs in Jakarta positively and significantly, and entrepreneurial bricolage mediates both relationship of entrepreneurial orientation and sustainability orientation with sustainable entrepreneurship of MSMEs in Jakarta positively and significantly.
Firm Size, Leverage and Corporate Governance Mediated Intellectual Capital on Firm Performance
Authors: Angelia Angelia , Imelda Elsa
Published: August 2023

This study was conducted to determine the effect of firm size, leverage and corporate governance mediated by intellectual capital on firm performance of food and beverages companies listed on the Indonesia Stock Exchange during the period 2018-2020. The sample used in this study were 36 companies using purposive sampling technique. The results of the analysis show that firm size and corporate governance does not have a significant effect on firm performance, while the leverage have a positive and significant effect on firm performance. Corporate governance does not have a significant effect on intellectual capital, while the firm size and leverage have a significant effect on intellectual capital. Firm size, leverage and corporate governance does not have a significant effect on firm performance using intellectual capital as mediation.
Family Role, Experiences Exposure, and Entrepreneurial Judgment Skills Toward Start-Up Entrepreneurs’ Productivity
Authors: Saunia Silvy , Hidayah Nur
Published: August 2023

This study aims to analyze and explain the empirical influences of role of   family, experiences exposure, and entrepreneurial judgment skills, eachly toward entrepreneurs’ productivity. This study applies descriptive research design, quanitatively obtained, and analyzed statistically. The data are collected from 40 individuals, entrepreneurs who establish or manage start-up in Indonesia, as sample. Technique used to select the sample is by non-probability sampling, where the instrument used to evaluate four variable is questionnaire through Google-form, to collect data. Respondent’s feedbacks are then assessed through SmartPLS 3.0 software. Three independent variables simultaneously able to influence dependent variable moderately. In hypotheses testing, role of family positively and insignificantly influences entrepreneurs’ productivity, while experiences exposure, entrepreneurial judgment skills positively and significantly influence entrepreneurs’ productivity.
e Determinants of Capital Structure for The Coal-Mining Companies Listed on Indonesia Stock Exchange
Authors: Venny Venny , Handoyo Sarwo Edy
Published: August 2023

The purpose of this research is to explain the effect of profitability, asset structure, growth opportunities, and non-debt tax shields on the capital structure of the coal-mining firms indexed on the Indonesia Stock Exchange from 2016 to 2020. There are 12 company samples in this research, which was determined with the purposive sampling method. The series of tests that will be carried out in this study include descriptive statistical analysis, panel data regression model tests, classical assumption tests, multiple linear regression analysis, and hypothesis testing. The data are processed using the EViews 12 software. The outcomes of this study show that profitability (ROA) and non-debt tax shields (NDTS) are affecting the capital structure (DER) negatively and significantly, growth opportunities (MTB) is affecting the capital structure (DER) positively and significantly, while asset structure (TANG) does not affect the capital structure significantly.
The Influence of Attitude Toward Money, Locus of Control, Financial Self-Efficacy and Self-Control on Financial Management Behavior
Authors: Chandra Welly , Pamungkas Ary Satria
Published: August 2023

The aim of this study was to determine the role of Attitude toward Money, Locus of Control, Financial Self-Efficacy and Self-Control in explaining Financial Management Behavior among workers that use E-commerce and live in Jakarta. The samples used in this study are workers that use E-commerce and live in Jakarta. This study collected 208 samples who are workers that use E-commerce and live in Jakarta. The respondents selected by using convenience sampling method. This research used Partial Least Square-Structural Equation Modeling (PLS-SEM) to analyze data. The result of this study indicated that Attitude toward Money, Locus of Control, Financial Self-Efficacy and Self-Control has positive influence on explaining Financial Management Behavior.
The Analysis of Factors Affecting Profitability
Authors: Tiffany Tiffany , Sufiyati Sufiyati
Published: August 2023

Every company would want a good company performance in order to get maximum profit. The purpose of this study was to determine and identify the impact of company size, quick ratio, leverage, asset turnover and asset structure on profitability. The study covers all listed companies listed on the Indonesian Stock Exchange from 2017 to 2020. The testing in this study was carried out using the Eviews version 12 software and by taking samples using a purposive sampling technique with certain criteria. This study used secondary data and used multiple regression analysis to test hypotheses. The results of the study partially show that the firm size and debt to equity ratio variables have no negative effect on profitability. Quick ratio and asset structure have a negative effect on profitability. The asset turnover has no positive effect on profitability.
Determinants of Financial Distress During COVID-19
Authors: Wibin Adessa , Yanti Yanti
Published: August 2023

This study aims to analyze the effect of liquidity, leverage, profitability, sales growth, and operating capacity on financial distress during the COVID-19 period. Quantitative research is used using secondary data with purposive sampling method involving 55 hotel, restaurant, tourism, and transportation companies taken from financial statement on IDX. The research methods used are multiple linear regression analysis and analyzed utilizing IBM SPSS. This study during COVID-19 carries out that leverage has an effect on financial distress, while liquidity, profitability, sales growth and operating capacity have an insignificant effect on financial distress.
The Effect of Financial Performance, Tax Avoidance, and Investment Opportunity Set on Firm Value in The Agricultural Sector
Authors: Ishlah Riffulin Ni’matul , Natsir Khairina
Published: August 2023

This study aims to investigate verifiable data regarding the effect of profitability, liquidity, leverage, tax avoidance, and investment opportunity set on the firm value of the agricultural sector companies listed on the Indonesia Stock Exchange from 2017 until 2020 period. This study is descriptive research using quantitative data and purposive sampling is used to limit the research object to specific criteria. The research sample included 24 companies with 96 observational data. The panel data regression model will be used for the data analysis, which will be processed with the E-views 9.0 software. The results show that the variables of profitability and tax avoidance have a positive and insignificant effect on firm value, while liquidity, leverage, and investment opportunity set have a positive and significant effect on firm value.
Fundamental Analysis of Firm Performance of Publicly Listed Manufacturing Companies in Indonesia
Authors: Dwitama Yesi , Dermawan Elizabeth Sugiarto
Published: August 2023

The study was carried out with the goal of obtaining empirical evidence about the fundamental analysis factors in the form of financial ratio, sales growth, and firm size that affect firm performance of manufacturing companies listed on the Indonesia Stock Exchange (IDX) between 2017 and 2019. This study used financial statement data from the IDX's official page and the firm's official page. The purposive sampling technique was used in this study, with a total of 178 samples from manufacturing sector companies. SPSS 17 and Microsoft Excel 2010 software were used to process and test the data. According to the findings of this study, capital structure and sales growth has no negative significant effect on firm performance, while sales growth and Total Asset Turnover Ratio has a positive significant effect on firm performance.
Investment Decisions in The Era of The COVID 19 Pandemic
Authors: Dermawan Elizabeth Sugiarto , W. M. F. Djeni Indrajati , Trisnawati Estralita
Published: August 2023

The purpose of this study was to obtain empirical evidence regarding investment decisions from students of the Faculty of Economics and Business (FEB) in 4 Universities in Jakarta during the COVID-19 pandemic era which was in a condition full of uncertainty. The test of this research is the Spearman's rho correlation test through SPSS version 20 because the data is not normal. The data processed by 160 respondents were distributed via google form during July – September 2020. Referring to the theory of investor behavior, the results of this study are expected to describe investment decisions in the era of the COVID-19 pandemic. The results of the Spearman's rho correlation test that are significant with regard to investment decisions are investment risk, investment returns, and general information, while financial information is not significantly related to investment decisions. This shows the behavior of investors not to make investment decisions using financial information that is considered as past data considering that future conditions will be much different from the past. The implications of this research are to motivate investors to keep investing in the era of the COVID-19 pandemic in order to stimulate.
Profitability and Leverage Effect on Firm Value with Corporate Social Responsibility as Moderating Variable in Manufacturing Company
Authors: Hastuti Rini Tri , Tertia Janice Clairine
Published: August 2023

This research aims to determine the effect of profitability and leverage on firm value using corporate social responsibility as moderating variable in manufacturing companies listed on the Indonesia Stock Exchange during the 2018-2020 period. A total of 168 samples selected from 56 companies during the research period using purposive sampling method. Research data obtained from secondary data, namely company’s annual report which are routinely published by companies listed on the Indonesia Stock Exchange every year. Also, Statistical Product and Service Solutions (SPSS) version 25 was used to process the data. The results showed that profitability and leverage had a significant positive effect on firm value. Corporate social responsibility as moderating variable has a significant effect on the relationship between profitability and firm value, but has no effect on the relationship between leverage and firm value.
FACTORS AFFECTING FINANCIAL PERFORMANCE IN THE INFRASTRUCTURE INDUSTRY IN INDONESIA
Authors: Erica Erica , Lukman Hendro
Published: August 2023

The company needs good governance in order for management to function properly and increase its performance. The separation of execution and oversight is an important characteristic of good governance. The aim of the research is to see if independent commissioners, CEO duality, committee size of committee audit, financial expertise on the audit committee board, and connection of political have an impact on business performance in infrastructure public companies in Indonesia during 2016 to 2020. Secondary data was used with 83 sample. The regression analysis used in this study was done using the SPSS version 25 application. The findings demonstrate that the audit committee size has a huge and beneficial impact on corporate performance. However, the independent board of commissioners, CEO duality, financial expertise on the audit committee, and political connections have no significance. The findings of the study indicate that the audit committees of Indonesian infrastructure corporations should be enhanced to compensate for the deficiencies of other governance elements.
THE EFFECTS OF ENTREPRENEURIAL ROLE MODEL, ENTREPRENEURIAL EDUCATION, AND INDIVIDUAL ENTREPRENEURIAL ORIENTATION DIMENSIONS ON ENTREPRENEURIAL INTENTION AMONG THE STUDENTS OF A FACULTY OF ECONOMICS AND BUSINESS IN JAKARTA
Authors: Cahyadi Febrianne Clarissa , Selamat Frangky
Published: August 2023

The purpose of this study is to examine whether the entrepreneurial role model, entrepreneurial education, and individual entrepreneurial orientation dimensions affect entrepreneurial intentions among the students of a Faculty of Economics and Business, in Jakarta. The sample was selected using non-probability sampling with a total of 144 respondents. Data was measured using Likert scale and a Structural Equation Model (SEM). Data analysis technique was assisted by SmartPLS software version 3.0. The results show that all variables, which are entrepreneurial role model, entrepreneurial education, and individual entrepreneurial orientation dimensions have positive effects on entrepreneurial intention among the students of a Faculty of Economics and Business in Jakarta.
ANALYSIS OF FACTORS AFFECTING THE FINANCIAL PERFORMANCE OF BANKING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE
Authors: Firdaus Syntia , Santioso Linda
Published: August 2023

The purpose of this study is to provide empirical evidence of the impact of Good Corporate Governance (GCG), Capital Adequacy Ratio (CAR), Non-Performing Loan (NPL), and firm size on financial performance. The population used in this study is banking companies listed on the Indonesia Stock Exchange (IDX) during 2018 to 2020. The sample selection method used is purposive sampling. The companies used as research objects are as many as 31 companies. The research method used in this research is multiple linear regression analysis. The results obtained from this study are Good Corporate Governance (GCG) has insignificant and positive effect on financial performance, Capital Adequacy Ratio (CAR) has insignificant and negative effect on financial performance, Non-Performing Loan (NPL) has significant and negative effect on financial performance, and firm size has significant and negative effect on financial performance.
THE EFFECT OF COMMUNICATION, SELF-EFFICACY AND POWER ON THE COMMITMENT OF EMPLOYEES
Authors: Ie Mei , Maupa Haris , Madris Madris
Published: August 2023

This study aims to determine the effect of communication, self-efficacy and power on the commitment of employees of PT XYZ. This research was conducted using a descriptive quantitative approach through survey techniques. The sample used amounted to 65 respondents came from employees of PT XYZ. Data analysis was performed using Partial Least Square – Structural Equation Model (PLS-SEM) using smartPLS 3.0 software. The results showed that communication, self-efficacy and power had a positive and significant influence on employee commitment at PT XYZ. This shows that if there is an increase or improvement in communication, self-efficacy and power are able to maintain and even increase employee commitment to the company, namely PT XYZ.. The thing that needs to be considered for the company is to pay attention and keep employees having high confidence in facing work challenges. Because of communication, self-efficacy, and power influence on the employees commitment, this research has theoretically and practically implication. Theoretically, employees commitment be created through how to build a good communication, notice the employees self-efficacy, and positive power implementation. Meanwhile for practically implication, management of PT XYZ could use this research as a hint of company policy making.
ANALYSIS OF FACTORS AFFECTING UNDERPRICING IN COMPANIES CONDUCTING INITIAL PUBLIC OFFERINGS
Authors: Sunarko Calista Sanko , Rasyid Rosmita
Published: August 2023

The aim of this study was to collect empirical evidence on the effects of return on assets, financial leverage, earnings per share, offering percentage, and company age toward underpricing on Companies listed Initial Public Offering (IPO) on the Indonesian Stock Exchange (IDX) for the period 2017-2020. The total number of samples used was 17 samples, selected by sampling method. purposeful sample. The data processing techniques used multiple regression analysis and were processed by SPSS 25. The outcomes of this study show that return on assets has a significant positive impact on underpricing, while offering percentage has a significant negative impact on underpricing. Other variables (financial leverage, earnings per share, and age of the company) had no impact on underpricing.
FACTORS INFLUENCING LOCAL BEAUTY PRODUCT REPURCHASE INTENTION
Authors: Veronica Helen , Keni Keni
Published: August 2023

The objectives of this study are to analyze and determine factors affecting repurchase intention of beauty products from local brands in Jakarta. The factors that will be analyzed for their influence on repurchase intentions include trust, word-of-mouth, and adjusted expectations. This study used a quantitative method by distributing questionnaires to 191 respondents who are the millennial generation living in DKI Jakarta and have at least bought and/or used local brand beauty product once in the past year. The collected 163 valid data is then processed using the PLS-SEM method with the SmartPLS statistical data processing tool. From this study, it can be concluded that trust, word-of-mouth, and adjusted expectations have a significant influence towards the repurchase intention of local brand beauty product consumers.
THE EFFECT OF FOREIGN OWNERSHIP ON THE FINANCIAL PERFORMANCE OF MANUFACTURING COMPANIES
Authors: Setiawan Fanny Andriani , Kurniawati Herni
Published: August 2023

This increase in competition forces companies to always make technological improvements and improvements in corporate governance so that there is harmony between the interests of managers, investor, and other stakeholders. The impact of foreign ownership in Indonesian companies as a form of GCG could increase the company's financial performance. This study aims to prove empirically how foreign ownership can affect the financial performance of a public manufacturing company. The financial report data used as the research sample is in the form of secondary data for companies listed on IDX from 2017-2020. This research was assisted by the software program EViews 10. The test results are that foreign ownership by both companies and foreign individuals/citizens has no positive effect on the financial performance of manufacturing companies listed on the IDX.
AN EMPIRICAL STUDY OF THE FACTORS THAT INFLUENCE FINANCIAL DISTRESS (A CASE ON MINING INDUSTRY IN INDONESIA)
Authors: Daniella Nicole , Lukman Hendro
Published: August 2023

The purpose of this research is to empirically prove the role of profitability, financial leverage, and operating cash flow in predicting financial distress which can be useful for stakeholders and researchers in the future (creditors, government, and investors). This research uses quantitative research method and the data is taken from the issuer's financial statements on IDX by purposive sampling method. Multiple linear regression is used to analyze data in this research. The population used is mining industries listed on the Indonesia Stock Exchange for 7 years of observation, from 2014-2020. There are as many as 55 samples obtained in this research which are then analyzed using software Microsoft Excel and SPSS 26.0. This study shows that the profitability and operating cash flow variable have a positive effect on financial distress; variable financial leverage does not effect financial distress. Debt is a factor that can cause financial distress, so that the leverage ratio setting and debt policy must be a concern for the company, especially for mining companies that require working capital and investment in their operations.
ANALYSIS OF THE CAUSES OF COMPANY PERFORMANCE IN FAMILY COMPANIES IN THE MANUFACTURING INDUSTRY
Authors: Elisa Elisa , Cahyadi Hadi
Published: August 2023

The purpose of this study was to obtain empirical evidence on the effect of family ownership, firm size, firm age, family involvement on the board of commissioners, and family involvement on the board of directors on firm performance. In this study, secondary data was used tested using SPSS version 21. This study used data on manufacturing companies listed on the Indonesia Stock Exchange from the period 2017-2019, as many as 28 family companies engaged in the manufacturing sector that has been selected using the purposive sampling method with a total of 84 data for three years. The results showed that family ownership and firm size had a significant positive effect on firm performance. In contrast, firm age, family involvement on the board of commissioners, and family involvement on the board of directors had no effect on firm performance.
THE EFFECT OF PROFITABILITY, COMPANY SIZE, AND MANAGERIAL OWNERSHIP ON DEBT POLICY
Authors: Septiani Meli , Daryanti Sri
Published: August 2023

The purpose of this study is to examine the impact of profitability, firm size, and managerial ownership on debt policy in manufacturing companies listed on the Indonesia Stock Exchange between 2018 and 2020. This study used 50 companies from 166 manufacturing companies that had been selected according to sample criteria using the purposive sampling method. Eviews version 12.0 was used to process the data, and the statistical method utilized was multiple linear regression. In this study, partial test results show that profitability and ownership of management do not have a significant impact on debt policy, while the variables of firm size have positive and significant impact on firm debt policy. However, in this study, simultaneous test results show that variables of profitability, firm size, and ownership of management variable have a significant impact on firm debt policy.
THE EFFECT OF FINANCIAL RATIOS ON PROFIT GROWTH AMONG MANUFACTURING COMPANIES
Authors: Hung Albert Ernest , Viriany Viriany
Published: August 2023

The aims of this study is to determine the impact of Net Profit Margin, Debt-to-Equity Ratio, Total Asset Turnover, and Quick Ratio on profit growth in manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2019 period. With predetermined criteria, 18 companies registered in the Indonesia Stock Exchange are obtained by using purposive sampling method. The analysis technique used is multiple linear regression analysis. This study found that Net Profit Margin, Debt-to-Equity Ratio, Total Asset Turnover, and Quick Ratio simultaneously affect profit growth. Partially, Profit growth is not affected by Net Profit Margin, Debt-to-Equity Ratio and Total Asset Turnover. Whereas Profit Growth is affected negatively by Quick Ratio.
THE EFFECT OF LEVERAGE, LIQUIDITY, AND FIRM SIZE ON DIVIDEND POLICY
Authors: Angela Maria Goretti , Daryanti Sri
Published: August 2023

The purpose of this research is to measure the effects of leverage, liquidity, and firm size on the dividend policy of a manufacturing company listed on the Indonesian Stock Exchange (IDX) from 2018 to 2020. Purposive sampling was applied in this study to pick 43 organizations that met the sample criteria throughout a three-year period from 2018 to 2020, totaling 129 samples. The double linear regression approach with eviews software 12 was used to process the data. Research shows that independent variables leverage, liquidity, and corporate size are simultaneously affecting dependent variable of dividends policy. The result of partial research suggests that leverage with proxy DAR, liquidity with proxy CR does not affect the dividend policy with proxy DPR. Whereas the firm size with proxy SIZE affects the dividend policy.
FINANCIAL PERFORMANCE ANALYSIS OF PUBLIC HOSPITALS BEFORE AND DURING THE COVID-19 PANDEMIC
Authors: Rexana Fritzie A. , Widjaja Indra
Published: August 2023

This study is purposed to analyze the financial performance of public hospitals companies registered at the Indonesian Stock Exchange before and during the Covid-19 Pandemic. This study shows the difference of financial performance and financial ratio's changes within hospital due to the Covid-19 condition. The method of this study is quantitative. The data used are secondary data from financial reports of hospital between the period of second quarter of 2019 until first quarter of 2021. Financial performance of hospital is measured from statistical calculation on Current Ratio, Quick Ratio, Debt-to-Equity Ratio, Debt Ratio, Total Asset Turnover, Inventory Turnover, Net Profit Margin, and Return on Equity before and during the Covid-19 Pandemic. Result of Normality Data Test by using Kolmogorov Smirnov shows that asymp sig is < 0.05, so H0 is accepted and H1 is rejected, thus not normally distributed. Continued with the Wilcoxon Test with average rank of not so much different. Also, Statistical Test shows that asymp sig for each financial ratio is > 0.05, so that the hypothesis is rejected and thus can be concluded that the financial performance of public hospitals companies registered at Indonesian Stock Exchange are not significantly different. The changes of financial ratios of public hospitals due to Covid-19 Pandemic condition are noticeable in the decreasing of profitability ratio. This shows that public hospitals are in the conditions of the Covid-19 Pandemic, although hospital capacity looks overloaded, in terms of profitability, it has decreased, this can be due to the increasing operational burden of hospitals with special policies during the pandemic. Meanwhile, in terms of other financial ratios, the condition of the Covid- 19 Pandemic did not make the hospital's financial performance better than before the Covid-19 Pandemic.
THE IMPACT OF IMPLEMENTING THE DIGITAL TECHNOLOGY INNOVATION ON BANKING PERFORMANCE IN INDONESIA
Authors: Dharsono Selvi , Arifin Agus Zainul
Published: August 2023

The purpose of this study is to obtain empirical evidence whether customer experience and customer satisfaction affect the financial performance of a bank for users digital banking in Indonesia. The number of samples in this study were 261 respondents. The criteria for respondents in this study are respondents who live in Jakarta, Bogor, Depok, Tangerang and Bekasi and respondents who are users of banking services digital banking. This study uses a non-probability sampling technique. Data collection techniques through questionnaires online. Data analysis using PLS-SEM. The result of the first research is that customer experience has a positive effect on financial performance. Second, customer satisfaction has a positive effect on financial performance.
THE INFLUENCE OF INFLATION, CRUDE OIL PRICES, AND THE RAMADAN EFFECT ON STOCK RETURN
Authors: Supardi Eviana Marvina , Rasyid Rosmita
Published: August 2023

This study aims to examine the effect of Inflation, Crude Oil Prices, and Ramadan Effect on Stock Return of manufacturing companies in Indonesia listed on the Indonesia Stock Exchange (IDX) during 2020. In this study, the sample selection technique used was purposive sampling with some predetermined criteria. This study shows that the independent variables in the form of Inflation and Crude Oil Prices have no effect on Stock Return. The other independent variable, Ramadan Effect shows a positive effect on Stock Return.
FACTORS AFFECTING CAPITAL STRUCTURE: A STUDY AMONG MANUFACTURING COMPANIES OF CONSUMER GOODS IN INDONESIA
Authors: Anggraini Nita , Sha Thio Lie
Published: August 2023

This research aimed to obtain empirical evidence about the effects of tax, asset structure, business risk, and profitability on. capital structure in the manufacturing companies’ consumer goods sector listed on the Indonesia Stock Exchange during 2018-2020. The research method was descriptive research using quantitative. This research used 96 data that had been selected by using the purposive sampling method. Data analysis technique was done using a multiple linear regression analysis with EViews Software version 12. The results found that asset structure had negative and significant effect on the capital structure, while the tax, business risk, profitability had no significant effect on capital structure.
MEASUREMENT OF ACCEPTANCE OF ONLINE ATTENDANCE SYSTEM WITH TECHNOLOGY ACCEPTANCE MODEL APPROACH: CASE IN DIRECTORATE GENERAL OF CHRISTIAN COMMUNITY, MINISTRY OF RELIGIOUS AFFAIRS OF THE REPUBLIC INDONESIA
Authors: Susana Rahel , Lukman Hendro
Published: August 2023

The purpose of this study is to analyze the attitude of user acceptance of online attendance at DirectorateGeneral of Christian Community Ministry of Religious Affairs Republic of Republic of Indonesia (RI) withTechnology Acceptance Model (TAM) approach. TAM is a method for analyzing acceptance of informationsystems. The population of this study are employees who use the online presence system in their daily present.The sampling technique used is simple random sampling. Total sample used is 60 samples. The data wasprocessed using SmartPLS version 3.0 with the Structural Equation Modeling (SEM) analysis method. Theresults of the analysis of this study found that Perceived Ease of Use (PEU) had a significant effect on perceivedusefulness (PU), Perceived Ease of Use (PEU) had a significant influence on Attitudes Toward Using (ATU)and Perceived Usefulness (PU) had significant effect on Attitude Toward Using (ATU). The implication of thisresearch is that it is necessary to develop a more informative attendance system and add other features in orderto improve employee performance at Ministry of Religious Affairs RI.
THE EFFECT OF ENTREPRENEURIAL SELF-EFFICACY, ENTREPRENEURIAL ATTITUDES AND THE USE OF SOCIAL MEDIA ON SMES PERFORMANCE
Authors: Suheryanto Fadillah Akbar , Ie Mei
Published: August 2023

The purpose of this study is to determine the impact of entrepreneurial self-efficacy, entrepreneurial attitudes and the use of social media on the performance of SMEs. The population used in this study is the owner of a small and medium culinary business in the Kelapa Gading area. The number of samples used for this study were 50 respondents using non-probability sampling for data collection and using a purposive sampling technique whose criteria were Small and Medium Culinary Enterprises in the Kelapa Gading area. The design of this research is descriptive cross-sectional because the data collection in this study uses field information, due to the data in this study using the SmartPLS version 3.3.3 application. What will happen is that this research states that entrepreneurial behavior does not have a significant effect on the performance of SMEs, while entrepreneurial self-efficacy and the use of social media have a positive and significant impact on the performance of SMEs. In the future, this research can help small and medium business owners to be able to use social media to run their business. And this research can also help increase the awareness of business owners that having self-efficacy in oneself and also mastering entrepreneurial attitudes is an important thing and can affect the business being run.
COMPARATIVE ANALYSIS OF CASH-DRIVEN RESILIENCE DURING THE COVID-19 PANDEMIC
Authors: Troi Tania Liliani , Imelda Elsa
Published: August 2023

This study aims to examine the comparison and differences in levels of cash-driven resilience during the normal period, the period before the COVID-19 pandemic, and the period during the COVID-19 pandemic; profitability (return on assets, profit margin, and productivity of assets) and financial constraints (liquidity and leverage) on cash-driven resilience. This research method uses the purposive sampling technique. The number of samples used in this study was 86 manufacturing companies listed on the Indonesia Stock Exchange consecutively from 2018 to 2020. The analysis used in this study was descriptive statistics, Kruskal-Wallis test, and post hoc test which was processed with the help of IBM SPSS Statistics 26 software. This study found that overall, there are significant differences in cash-driven resilience during the normal period, the period before the COVID-19 pandemic, and the period during the COVID-19 pandemic; return on assets, profit margin, liquidity, and leverage on cash-driven resilience. While, productivity of assets does not have a significant difference on cashdriven resilience.