Faktor-Faktor Yang Memengaruhi Kebijakan Dividen Dengan Ukuran Perusahaan Sebagai Variabel Kontrol

Penelitian ini berjudul “Faktor-Faktor yang Memengaruhi Kebijakan Dividen dengan  Ukuran  Perusahaan sebagai Variabel Kontrol”. Tujuan penlitian ini untuk menguji pengaruh rasio keuangan dan struktur kepemilikan terhadap kebijakan dividen. Variabel independen yang digunakan dalam penelitian ini yaitu Profitabilitas, Likuiditas, Leverage, Kepemilikan Institusional, Kepemilikan Asing, Kepemilikan Manajerial. Variabel dependennya yaitu Kebijakan Dividen yang diproksikan dengan Dividend Payout ratio (DPR) serta menggunakan variabel kontrol yaitu Ukuran Perusahaan. Penelitian ini merupakan penelitian kuantitatif dengan jenis data sekunder. Populasi dalam penelitian ini adalah Perusahaan Sektor Industri Barang Konsumsi yang terdaftar di Bursa Efek Indonesia Tahun 2015-2019. Teknik pengambilan data menggunakan metode purposive sampling dengan sampel yang diperoleh sebanyak 13 perusahaan. Untuk analisis data menggunakan uji deskriptif statistik, uji asumsi klasik, uji regresi linear berganda, uji determinasi, uji F, dan uji T. Berdasarkan hasil penelitian profitabilitas tidak  berpengaruh  terhadap kebijakan dividen. likuiditas berpengaruh positif dan signifikan terhadap kebijakan dividen. leverage berpengaruh negatif dan signifikan terhadap kebijakan dividen. Kepemilikan institusional, kepemilikan asing, dan kepemilikan manajerial tidak berpengaruh terhadap kebijakan dividen. Ukuran perusahaan  berpengaruh negatif dan signifikan terhadap kebijakan dividen. Implikasi pada penelitian ini perusahaan harus memperhatikan kondisi keuangan karena sebagai pertimbangan kebijakan dividen serta keputusan investor dalam pengambilan keputusan investasi, menghadirkan peningkatan monitoring dari struktur kepemilikan demi perkembangan perusahaan, dan mempertimbangkan ukuran perusahaan bagi calon investor dalam investasi ke perusahaan. Kata kunci :  Kebijakan Dividen, Profitabilitas, Likuiditas, leverage, Kepemilikan Institusional Kepemilikan Asing, Kepemilikan Manajerial, Ukuran Perusahaan

Faktor-Faktor Yang Memengaruhi Kebijakan Dividen Dengan Ukuran Perusahaan Sebagai Variabel Kontrol

Penelitian ini berjudul “Faktor-Faktor yang Memengaruhi Kebijakan Dividen dengan  Ukuran  Perusahaan sebagai Variabel Kontrol”. Tujuan penlitian ini untuk menguji pengaruh rasio keuangan dan struktur kepemilikan terhadap kebijakan dividen. Variabel independen yang digunakan dalam penelitian ini yaitu Profitabilitas, Likuiditas, Leverage, Kepemilikan Institusional, Kepemilikan Asing, Kepemilikan Manajerial. Variabel dependennya yaitu Kebijakan Dividen yang diproksikan dengan Dividend Payout ratio (DPR) serta menggunakan variabel kontrol yaitu Ukuran Perusahaan. Penelitian ini merupakan penelitian kuantitatif dengan jenis data sekunder. Populasi dalam penelitian ini adalah Perusahaan Sektor Industri Barang Konsumsi yang terdaftar di Bursa Efek Indonesia Tahun 2015-2019. Teknik pengambilan data menggunakan metode purposive sampling dengan sampel yang diperoleh sebanyak 13 perusahaan. Untuk analisis data menggunakan uji deskriptif statistik, uji asumsi klasik, uji regresi linear berganda, uji determinasi, uji F, dan uji T. Berdasarkan hasil penelitian profitabilitas tidak  berpengaruh  terhadap kebijakan dividen. likuiditas berpengaruh positif dan signifikan terhadap kebijakan dividen. leverage berpengaruh negatif dan signifikan terhadap kebijakan dividen. Kepemilikan institusional, kepemilikan asing, dan kepemilikan manajerial tidak berpengaruh terhadap kebijakan dividen. Ukuran perusahaan  berpengaruh negatif dan signifikan terhadap kebijakan dividen. Implikasi pada penelitian ini perusahaan harus memperhatikan kondisi keuangan karena sebagai pertimbangan kebijakan dividen serta keputusan investor dalam pengambilan keputusan investasi, menghadirkan peningkatan monitoring dari struktur kepemilikan demi perkembangan perusahaan, dan mempertimbangkan ukuran perusahaan bagi calon investor dalam investasi ke perusahaan. Kata kunci :  Kebijakan Dividen, Profitabilitas, Likuiditas, leverage, Kepemilikan Institusional Kepemilikan Asing, Kepemilikan Manajerial, Ukuran Perusahaan

Bagaimana Menggapai Keunggulan Bersaing Yang Berkelanjutan

Porter comes up with the question: why do some social groups, economics institutions, and nations advance and prosper? This becomes a magnet for writers, companies, and consultants to understand what factors had by companies in terms of a competitive advantage and how it can be enhanced. To answer the question above we have to begin by understanding the meaning of competition as term having much meaning for economic prosperity a nation. The principal economic goal of nation is to produce and raise standard of living for its citizens. The ability to do so depend not on an idea of competition itself but also on the productivity involving a nation’s resources (labor and capital) is employed. By emerging and existing globalization, the competition has been an international issue. Thus, companies have to compete tightly with other companies selling their products and employing resource of component in and from worldwide. As a result, if we want to keep our company survives in the long‐term period, understanding sustainable competitive advantage is a must. Various ways and strategies that must be applied by companies to achieve their goals having had determined before. Thus, companies should pay more attention on factors first, they always should strengthen their company’s position in terms of products, price, quality and even their service especially in terms of continuous innovation. In addition, they must monitor their competitor’s product including some facilities offered and promised by their competitors

ANALISIS KINERJA KEUANGAN KOPERASI PENGUSAHA ANGKUTAN KOTA (KOPATA) PURWOKERTO PERIODE 2007 – 2011

This research was conducted at Koperasi Pengusaha Angkutan Kota (KOPATA) Purwokerto during 2007 to 2011. The objectives of this research were to know the financial performance of (KOPATA) Purwokerto during 2007 to 2011 and to know the tendency of financial performance of KOPATA Purwokerto during 2007 to 2011.The methods used in this research were financial performance analysis based on the decree of Minister of Cooperative, Small and Medium Business No.14/M.KUKM/XII/2009 consisting seven aspects such as Capital Structure, Asset Quality, Management, Efficiency, Liquidity, Independence and Growth, the Cooperative Identity and Trend Analysis.The result of this research showed that the average of financial performance scores of KOPATA Purwokerto during 2007 to 2011 was 58,10 located under the value 60 ≤ x ≤ 100, so it can be classified as “Unhealthy”. Then, the result was based on trend analysis calculation showed that its equation had negative slope (-0,125). It meant that the trend of financial performance tend to decrease or projected to fall.The implication of conclusion above was KOPATA Purwokerto should maximize its idle assets to optimize its profit for example, by expanding new business such as rental facilities and providing spar-parts needed by members. KOPATA Purwokerto should pay attention the application of 5C’s analysis such as Character, Capacity, Capital, Collateral and Condition of Economic to minimize the risk and troubled loans/non performing loa

BAGAIMANA MENGGAPAI KEUNGGULAN BERSAING YANG BERKELANJUTAN

Porter comes up with the question: why do some social groups, economics institutions, and nations advance and prosper? This becomes a magnet for writers, companies, and consultants to understand what factors had by companies in terms of a competitive advantage and how it can be enhanced. To answer the question above we have to begin by understanding the meaning of competition as term having much meaning for economic prosperity a nation. The principal economic goal of nation is to produce and raise standard of living for its citizens. The ability to do so depend not on an idea of competition itself but also on the productivity involving a nation’s resources (labor and capital) is employed. By emerging and existing globalization, the competition has been an international issue. Thus, companies have to compete tightly with other companies selling their products and employing resource of component in and from worldwide. As a result, if we want to keep our company survives in the long-term period, understanding sustainable competitive advantage is a must

ANALISIS KINERJA KEUANGAN KOPERASI PENGUSAHA ANGKUTAN KOTA (KOPATA) PURWOKERTO PERIODE 2007 – 2011

This research was conducted at Koperasi Pengusaha Angkutan Kota (KOPATA) Purwokerto during 2007 to 2011. The objectives of this research were to know the financial performance of (KOPATA) Purwokerto during 2007 to 2011 and to know the tendency of financial performance of KOPATA Purwokerto during 2007 to 2011.The methods used in this research were financial performance analysis based on the decree of Minister of Cooperative, Small and Medium Business No.14/M.KUKM/XII/2009 consisting seven aspects such as Capital Structure, Asset Quality, Management, Efficiency, Liquidity, Independence and Growth, the Cooperative Identity and Trend Analysis.The result of this research showed that the average of financial performance scores of KOPATA Purwokerto during 2007 to 2011 was 58,10 located under the value 60 ≤ x ≤ 100, so it can be classified as “Unhealthy”. Then, the result was based on trend analysis calculation showed that its equation had negative slope (-0,125). It meant that the trend of financial performance tend to decrease or projected to fall.The implication of conclusion above was KOPATA Purwokerto should maximize its idle assets to optimize its profit for example, by expanding new business such as rental facilities and providing spar-parts needed by members. KOPATA Purwokerto should pay attention the application of 5C’s analysis such as Character, Capacity, Capital, Collateral and Condition of Economic to minimize the risk and troubled loans/non performing loa

Analisis Kekuatan Persaingan dan Penguasaan Pasar pada Industri Kreatif Kerajinan Rambut Purbalingga

The purpose of this study is to analyze competitiveness and market domination on creative industry of hair production in Karangbanjar, Purbalingga. This study used primary and secondary data. The primary one was collected from respondents—entrepreneurs of hair production industry—and the secondary one was from relevant government institutions. Competitiveness was measured by Sustainable Competitive Advantage criteria from Porter while market domination was measured by market power and market share. The result shows that: 1) industry has high competition among production units; 2) There is no domination/concentration power in this market and also equal share in value of production among them

Comparative study between the performances of two Islamic indices

This study aims to analyze the differences in the performance of FTSE Bursa Malaysia EMAS Shariah (FBMS) in Malaysia and Indonesia Sharia Stock Index (ISSI) in Indonesia by using Sharpe, Treynor, and Jensen ratio. Type of this study is quantitative research by using hypothesis testing and purposive sampling technique. Population in this study is all sharia indices listed on Indonesia Stock Exchange (IDX) and Bursa Malaysia (BM). From the sampling process obtained two indices. These indices are FTSE Bursa Malaysia EMAS Syariah (FBMS) and Indonesia Sharia Stock Index (ISSI). Objects of this study are monthly index returns during the period of July 2012 to June 2012 which amounted to 60 data. Hypothesis testing is intended to determine whether there is significant difference between the performance of FBMS and ISSI on the measurement of Sharpe, Treynor, and Jensen ratio. Test was conducted by using Two Independent Samples t-test. Results showed that there is no significant difference between the performance of FBMS and ISSI on the Sharpe, Treynor, and Jensen ratio. Implication of this study is that the results of this study can be used as a reference for companies in selecting which Islamic index prefer to issue the stock in based on the performance measured using Sharpe, Treynor, and Jensen ratio. Results of this study also can be used as a reference for investors who are interested in investing funds in sharia stocks in Indonesia and Malaysia

THE EFFECT OF CREDIT RISK MANAGEMENT ON FINANCIAL PERFORMANCE OF THE INDONESIAN COMMERCIAL BANKS

 Abstract.This research aims at examining the effect of credit risk management on financial performance of the Indonesian commercial banks during the period (2008-2018), four commercial banks have been chosen to express on the whole Indonesian commercial banks. Two mathematical models have been designed to measure this relationship, the research revealed that the credit risk management effects on financial performance of the Indonesian commercial banks as measured by ROA and ROE. The indicators of Non-performing loans/Gross loans, Provision for facilities loss/Net facilities and the leverage ratio that were found significant in determining credit risk management. Also, banks should establish adequate credit risk management policies by imposing strict credit estimation before granting loans to customers, and banks in designing an effective credit risk management system, need to establish a suitable credit risk environment; operating under a sound credit granting process, maintaining an appropriate credit administration that involves monitoring, processing as well as enough controls over credit risk.  Keywords:Credit risk, Financial performance, Indonesian commercial banks

The Effect Of Ownership Structure And Corporate Governance On Earnings Management (Empirical Study on Manufacture Companies listed on the Indonesia Stock Exchange in 2015-2019)

Penelitian ini merupakan jenis penelitian asosisatif kuantitatif pada perusahaan manufaktur sub industri barang konsumsi yang terdaftar di Bursa Efek Indonesia pada tahun 2015 – 2019. Penelitian ini mengambil judul “Pengaruh Struktur Kepemilikan dan Corporate Governance Terhadap Manajemen Laba (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2019)”. Tujuan penelitian ini adalah untuk menganalisis pengaruh variabel kepemilikan manajerial, komite audit, ukuran dewan direksi terhadap manajemen laba dengan menggunakan variabel kontrol ukuran. Populasi yang digunakan dalam penelitian ini adalah seluruh perusahaan manufaktur sub industri barang konsumsi yang terdaftar di Bursa Efek Indonesia pada tahun 2015-2019. Untuk analisis data menggunakan uji asumsi klasik, uji deskriptif, uji regresi data panel, uji determinasi, dan uji t. Penentuan sampel menggunakan metode purposive sampling. Sampel dalam penelitian ini adalah 11 perusahaan. Dari hasil penelitian menunjukan bahwa variabel kepemilikan manajerial dan ukuran dewan direksi berpengaruh positif dan signifikan terhadap manajemen laba. Sedangkan, variabel komite audit tidak berpengaruh signifikan terhadap manajemen laba pada perusahaan manufaktuk sub industri barang konsumsi yang terdaftar di Bursa Efek Indonesia tahun 2015 – 2019. Implikasi dari penelitian ini adalah dari ketiga variabel yang diuji, variabel komite audit tidak mempunyai hubungan dengan manajemen laba. Sehingga, investor bisa melihat dari variabel lain yaitu kepemilikan manajerial dan ukuran dewan direksi untuk menjadi indikator menilai perusahaan sebelum melakukan investasi.Kata kunci: Kepemilikan Manajerial, Komite Audit, Ukuran Dewan Direk