Pengaruh Keputusan Investasi, Keputusan Pendanaan dan Kebijakan Dividen Terhadap Nilai Perusahaan

ABSTRACTThis study aims to determine the effect of investment decisions, funding decisions and dividend policies on firm value. The population of this study is all manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. Sampling uses purposive sampling method and there are 23 companies that fit the criteria. This study uses a multiple linear regression method. In this study shows investment decisions, funding decisions and dividend policies affect the value of  the company. Investment decisions have a significant positive effect on firm value. Funding decisions have a significant positive effect on firm value. Dividend policy does not have a significant effect on company value. Keywords: Corporate Value, Investment Decision, Funding Decision, Dividend Policy

PENERAPAN ACTIVITY BASED COSTING SYSTEM SEBAGAI DASAR PENETAPAN TARIF JASA RAWAT INAP PADA RUMAH SAKIT ROEMANI MUHAMMADIYAH SEMARANG

The purpose of this study was to gain knowledge about the determination of rates of hospitalization services using activity based costing, can be used as reference in setting tariffs inpatient services at Rumah Sakit Roemani Muhammadiyah Semarang and as means comparison with the rates of hospitalization for this set, as well as being one of that input provide information about activity based costing, especially in its application to a hospital that is the main orientation of community service. The method of analysis used descriptive method is to use the comparative analysis of the current hospital rates, set the cost method is based on activity based costing, and then compare the hospitalization rates based on activity based costing with its realization. The results showed that the calculation of hospitalization rates by using activity based costing, when compared with the rates used by the hospital activity based costing provides greater results for Class, IIB, PICU, dan BBRT and yields smallaer for class UTAMA, IA, IB,II, IIA, III dan R.BAYI. This is because the overhead loading on each product. On activity based costing, overhead costs for each product are charged to costs a lot of drivers. So that the activity based costing, has been able to allocate the cost of the activity room kesetiap appropriately based on the consumsion of aech activity.Keywords: activity based costing and cost driver

Potensi Dan Kompatibilitas Mikoriza Vesikular Arbuskular (Mva) Dengan Bibit Tanaman Karet (Hevea Brasiliensis Muell Arg.) Klon Pb 260

Tujuan penelitian adalah untuk menguji potensi dan kompatibilitas Mikoriza Vesikular Arbuskular (MVA) dengan bibit karet (Hevea Brasiliensis MUELL Arg.) stump klon PB 260 yang masih mempunyai daun payung dua, berasal dari Balai Penelitian Sungei Putih di rumah kasa. Uji potensi dan kompatibilitas dilakukan menggunakan rancangan acak kelompok (RAK) non faktorial dengan tiga ulangan, dan delapan perlakuan MVA yaitu dua isolat MVA indigenous karet, lima isolat MVA koleksi laboratorium Biologi Tanah FP USU dan tanpa MVA (kontrol). Diinnokulasikan spora MVA sesuai perlakuan dilakukan dengan memberikan sebanyak 20 spora per polybag disekitar perakaran bibit tanaman karet. Pengamatan dilakukan setelah terbentuk daun payung tiga. Variabel yang diamati meliputi derajat infeksi akar oleh mikoriza, serapan hara P, dan pertumbuhan tanaman. Hasil penelitian menunjukkan bahwa dari beberapa isolat yang diujikan ternyata isolat Acaulospora sp 1 (kuning besar) dan isolat Acaulospora sp 2 (kuning kecil) mempunyai kemampuan beradaptasi yang tinggi dengan bibit tanaman karet yang diujikan, ditunjukkan oleh derajat infeksi akar yang tinggi yaitu 55% dan 48% yang berbeda sangat nyata dari perlakuan lain. Untuk serapan unsur hara P, tanaman yang diinokulasi dengan kedua isolat ini mempunyai kandungan P yang tertinggi, masing masing 34 mg P dan 35 mg P. Kedua isolat ini adalah isolat koleksi Laboratorium FP USU. Masa penelitian uji potensi ini hanya 7 minggu menyebabkan perlakuan terhadap beberapa variabel yang diamati tidak berpengaruh nyata. Diterima : 18 Oktober 2013; Direvisi : 8 November 2013; Disetujui : 12 Desember 2013 How to Cite : Hanafiah, A. S., Dalimunthe, A., & Rahmawati, N. (2014). Potensi dan kompatibilitas mikoriza vesikular arbuskular (MVA) dengan bibit tanaman karet (hevea Brasiliensis muell arg.) klon PB 260. Jurnal Penelitian Karet, 32(1), 31-36. Retrieved from http://ejournal.puslitkaret.co.id/index.php/jpk/article/view/14

A cost-efficient method to assess carbon stocks in tropical peat soil

Estimation of belowground carbon stocks in tropical wetland forests requires funding for laboratory analyses and suitable facilities, which are often lacking in developing nations where most tropical wetlands are found. It is therefore beneficial to develop simple analytical tools to assist belowground carbon estimation where financial and technical limitations are common. Here we use published and original data to describe soil carbon density (kgC m<sup>−3</sup>; C<sub>d</sub>) as a function of bulk density (gC cm<sup>−3</sup>; <i>B</i><sub>d</sub>), which can be used to rapidly estimate belowground carbon storage using <i>B</i><sub>d</sub> measurements only. Predicted carbon densities and stocks are compared with those obtained from direct carbon analysis for ten peat swamp forest stands in three national parks of Indonesia. Analysis of soil carbon density and bulk density from the literature indicated a strong linear relationship (C<sub>d</sub> = <i>B</i><sub>d</sub> × 495.14 + 5.41, <i>R</i><sup>2</sup> = 0.93, <i>n</i> = 151) for soils with organic C content > 40%. As organic C content decreases, the relationship between C<sub>d</sub> and <i>B</i><sub>d</sub> becomes less predictable as soil texture becomes an important determinant of C<sub>d</sub>. The equation predicted belowground C stocks to within 0.92% to 9.57% of observed values. Average bulk density of collected peat samples was 0.127 g cm<sup>−3</sup>, which is in the upper range of previous reports for Southeast Asian peatlands. When original data were included, the revised equation C<sub>d</sub> = <i>B</i><sub>d</sub> × 468.76 + 5.82, with <i>R</i><sup>2</sup> = 0.95 and <i>n</i> = 712, was slightly below the lower 95% confidence interval of the original equation, and tended to decrease C<sub>d</sub> estimates. We recommend this last equation for a rapid estimation of soil C stocks for well-developed peat soils where C content > 40%

The complexities of managing forest resources in post-decentralization Indonesia: a case study from Sintang District, West Kalimantan

The study attempted to understand the dynamics and complexities of forest resources management following decentralization, the interactions among stakeholders in forest resources management, and the impacts of the new legislation on local community livelihoods in Sintang District, West Kalimantan. Forestry policies implemented in the district before and after the introduction of legislation granting regional autonomy and the emergence of small-scale timber concessions are described. Qualitative research methodologies, i.e. semi-structured interviews, fi eld observations and workshops, were used. The results show that the decentralization of forest management had not proceeded smoothly because of the lack of regulations governing implementation, and that the decentralized forest policies had had both positive and negative impacts. Focusing on 100-ha forest product harvest concessions (HPHH), the study examined opportunities for local communities and other stakeholders to participate in the management of forest resources, the contributions of the small-scale forest concessions to district development and local community livelihoods, and social conflicts arising from a complex combination of factors

A cost-efficient method to assess carbon stocks in tropical peat soil

Estimation of belowground carbon stocks in tropical wetland forests requires funding for laboratory analyses and suitable facilities, which are often lacking in developing nations where most tropical wetlands are found. It is therefore beneficial to develop simple analytical tools to assist belowground carbon estimation where financial and technical limitations are common. Here we use published and original data to describe soil carbon density (kgC m⁻³; C[subscript d]) as a function of bulk density (gC cm⁻³; B[subscript d]), which can be used to rapidly estimate belowground carbon storage using B[subscript d] measurements only. Predicted carbon densities and stocks are compared with those obtained from direct carbon analysis for ten peat swamp forest stands in three national parks of Indonesia. Analysis of soil carbon density and bulk density from the literature indicated a strong linear relationship (C[subscript d] = B[subscript d] × 495.14 + 5.41, R² = 0.93, n = 151) for soils with organic C content > 40%. As organic C content decreases, the relationship between C[subscript d] and B[subscript d] becomes less predictable as soil texture becomes an important determinant of C[subscript d]. The equation predicted belowground C stocks to within 0.92% to 9.57% of observed values. Average bulk density of collected peat samples was 0.127 g cm⁻³, which is in the upper range of previous reports for Southeast Asian peatlands. When original data were included, the revised equation C[subscript d] = B[subscript d] × 468.76 + 5.82, with R² = 0.95 and n = 712, was slightly below the lower 95% confidence interval of the original equation, and tended to decrease C[subscript d] estimates. We recommend this last equation for a rapid estimation of soil C stocks for well-developed peat soils where C content > 40%

Penerapan Activity Based Costing System Sebagai Dasar Penetapan Tarif Jasa Rawat Inap Pada Rumah Sakit Roemani Muhammadiyah Semarang

The purpose of this study was to gain knowledge about the determination of rates of hospitalization services using activity based costing, can be used as reference in setting tariffs inpatient services at Rumah Sakit Roemani Muhammadiyah Semarang and as means comparison with the rates of hospitalization for this set, as well as being one of that input provide information about activity based costing, especially in its application to a hospital that is the main orientation of community service. The method of analysis used descriptive method is to use the comparative analysis of the current hospital rates, set the cost method is based on activity based costing, and then compare the hospitalization rates based on activity based costing with its realization. The results showed that the calculation of hospitalization rates by using activity based costing, when compared with the rates used by the hospital activity based costing provides greater results for Class, IIB, PICU, dan BBRT and yields smallaer for class UTAMA, IA, IB,II, IIA, III dan R.BAYI. This is because the overhead loading on each product. On activity based costing, overhead costs for each product are charged to costs a lot of drivers. So that the activity based costing, has been able to allocate the cost of the activity room kesetiap appropriately based on the consumsion of aech activity