Pengaruh Modal Kerja Terhadap Profitabilitas Pada Perusahaan LQ45 Yang Terdaftar di Bursa Efek Indonesia Tahun 2016 - 2019

Sebagai upaya Perusahaan agar mampu bertahan dibutuhkan untuk selalu inisiatif, kreatif, dan  inovatif dengan tujuan meningkatkan efisiensi dan produktifitas dalam upaya memenangkan pasar dan untuk selalu menyesuaikan diri terhadap segala macam perubahan-perubahan yang akan terjadi di masa yang akan datang baik kondisi perekonomian, peraturan pemerintah, kondisi konsumen, maupun kondisi pesaing. Oleh sebab itu perusahaan harus tumbuh, berjalan serta membangun manajemennya secara konsepsional dan sistematis melalui pemanfaat sumber daya yang dimiliki perusahaan. Penelitian ini bertujuan untuk mengetahui Untuk mengetahui pengaruh serta besarnya pengaruh modal kerja yang diproksikan dengan sales growth ratio, financial debt ratio, fixed financial assets ratio, inventories turnover ratio, receivable turnover ratio terhadap return on total assets ratio pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia secara simultan dan parsial, dan variabel yang  paling pengaruh . Hasil penelitian menunjukkan bahwa Sales Growth Ratio tidak berpengaruh secara parsial terhadap Profitabilitas, Financial Debt Ratio berpengaruh secara parsial terhadap Profitabilitas. Fixed Financial Assets Ratio tidak berpengaruh secara parsial terhadap Profitabilitas. Receivable Turnover Ratio tidak berpengaruh secara parsial terhadap Profitabilitas Financial Debt Ratio tidak berpengaruh secara parsial terhadap Profitabilitas. Modal Kerja yang diproksikan dengan variabel Sales Growth Ratio, Financial Debt Ratio, Fixed Financial Assets Ratio, Inventories Turnover Ratio, dan Receivable Turnover Ratio berpengaruh simultan terhadap profitabilitas. Modal kerja yang diproksikan dengan Sales Growth Ratio, Financial Debt Ratio, Fixed Financial Assets Ratio, Inventories Turnover Ratio, dan Receivable Turnover Ratio berpengaruh simultan terhadap profitabilitas secara simultan (bersama-sama) berpengaruh terhadap variabel profitabilitas (Y) sebesar 24,4% (kurang dari 50%)

PERSEPSI MASYARAKAT PESISIR TERHADAP PENEMPATAN TERUMBU KARANG BUATAN DARI ANJUNGAN MINYAK (RIG TO REEF), STUDI KASUS DI PANTAI INDRAMAYU

Di sepanjang pantai Indonesia, ada sekitar 70 anjungan yang sudah tidak operasi berumur 20-40 tahun dan butuh dibongkar. Pembongkaran ini tidak murah dan dapat mencapai biaya 54 juta dolar amerika untuk satu anjungan. Solusi dari sektor Kalutan dan Perikanan adalah mengkonversinya menjadi terumbu karang buatan. Pusat Penelitian dan Pengembangan Teknologi Keluatan dan Perikanan, Balitbang Kelautan dan Perikanan KKP telah melakukan kajian kelayakannya pengalihfungsian anjungan menjadi terumbu karang, Rig to Reef, pada tahun 2015. Paper ini meneliti bagaimana persepsi atau pendapat masyarakat terhadap penetapan lokasi calon Rig To Reef dan apa rekomendasi pemangku kepentingan setempat. Kajian ini dilakukan di Pantai Indramayu dimana salah satu anjungan pasca produksi yang siap untuk dibongkar dan dijadikan Rig To Reef (bila pemerintah Indonesia menghendakinya) adalah anjungan milik PHE ONWJ (Pertamina Hulu Energi Offshore North West Java). Hasil dari kajian ini dalah bahwa beberapa hal yang penting dipertimbangkan dalam proses Rig To Reef adalah pelibatan masyarakat lokal sejak awal proses. Pemerintah daerah Indramayu merekomendasikan untuk meletakkan Rig To Reef di salah satu kawasan konservasinya yaitu di sekitar Pulau Biawak.

The Effect of Good Corporate Governance on Firm Value With Profitability as Moderating

Corporate sustainability is a significant concern in a business. The sustainability of a company can be reflected in the value of the company The worth of the firm increases as the price of the shares rises Information on high stock prices can provide a guarantee or picture to the public that the company is performing well. To maintain good judgment, companies must implement good corporate governance in their business activities. This form of study is quantitative, whereas quantitative research involves systematic examinations of a phenomenon by gathering data that can be assessed using mathematics, statistics, and computing. Path analysis is used to assess this study's structural equation modelling (SEM) data. It is clear from the findings and debate that managerial and institutional ownership, two measures of corporate governance, do not have a direct impact on business value. Good corporate governance directly impacts the value of the company, with profitability measured by the return on equity

Independensi dan Kompetensi Auditor Terhadap Kualitas Audit Dengan Fee Audit Sebagai Variabel Moderasi

Abstract: The study was conducted to determine empirical evidence of audit fees as a moderating variable for the independence and competence of auditors on audit quality. This study uses a quantitative approach using explanatory research type. The population consisted of 80 auditors in the Surabaya area. The research sample was 55 auditors with a sampling technique in the form of judgment sampling. Data collection using a questionnaire. To test the feasibility of the research instrument, the validity and reliability tests were carried out. Data were analyzed using multiple linear regression. The results show that auditor independence has a significant positive effect on audit quality, auditor competence has a significant positive effect on audit quality, audit fees strengthen the effect of auditor independence on audit quality and audit fees strengthen the effect of auditor competence on audit quality. Sampling is only at the Public Accounting Firm in Surabaya. Keywords: Independence, competence, audit quality, audit fee

Pengaruh Profitabilitas dan Kepemilikan Institusional Terhadap Nilai Perusahaan Dengan Struktur Modal Sebagai Variabel Moderasi Pada Perusahaan Property dan Real Estate di BEI Periode 2015-2018

This research aims to determine and analyze the effect of profitability and institutional ownership on firm value with capital structure as a moderating variable in Property and Real Estate Companies on the IDX for the 2015-2018 period. This research is a quantitative research. The data source used is the data source. secondary. data is obtained indirectly and through intermediary media. The type of data used in this research is external data in the form of time series data. The data in this study are in the form of annual reports obtained from the official website of the Indonesia Stock Exchange, namely www.idx.co.id. The population in this study were 48 companies. The sampling technique was done by using purposive sampling technique, the number of companies used as a sample was 25 companies and the data obtained were 100 data. Data analysis was performed through the SPSS program. The data analysis methods used were: descriptive statistical test, classical assumption test, multiple linear regression analysis, and hypothesis testing. The results showed that the profitability variable proxied using ROE (Return on Equity) has an effect on firm value, institutional ownership variable has no effect on company value, profitability and institutional ownership variables jointly affect firm value, capital structure variable can moderate and strengthening the relationship between profitability to firm value and capital structure variables are unable to moderate the relationship between institutional ownership and property and real estate company value listed on the Indonesia Stock Exchange for the period 2015-2018

Independence as a Moderating Influence of Gender and Religiosity on Audit Judgment

The purpose of this study was to explain the effect of gender, religiosity as independent variables and auditor independence as moderating variables on audit judgment as the dependent variable. The researchers conducted a research at several Public Accounting Firms (KAP) in East Java. This study uses the associative method to analyze the causal relationship between the variables of gender, religiosity on audit judgment with independence as a moderating variable. The results showed that Gender had no significant effect on the Judgment audit, religiosity had a significant effect on the Judgment audit, the interaction between Independence and Gender on the Judgment audit, showed that Independence weakened the influence of gender on the Judgment audit, and the interaction of Independence and Religiosity on the Judgment audit showed that Independence strengthened the effect of religiosity on the Judgment audi

USAHA PERIKANAN TANGKAP DI PULAU SEBATIK DALAM MENDUKUNG SKPT SEBATIK

Pembangunan Sentra Kelautan dan Perikanan Terpadu (SKPT) Sebatik merupakan upaya pemerintah membangun perikanan di pulau terluar Indonesia. Penelitian ini bertujuan mempelajari kondisi usaha perikanan di Sebatik, sebagai bahan masukan dalam pengelolaan dan memajukan SKPT Sebatik. Penelitian ini dilakukan pada tahun 2018 di Sebatik menggunakan data primer primer dan sekunder. Data primer dikumpulkan melalui survey dengan responden yang dipilih secara purposif dan dengan teknik snowball sampling, dan melalui Focus Group Discussion (FGD). Data sekunder diperoleh dari studi literatur pada dokumen-dokumen terkait. Data yang dikumpulkan kemudian diolah menjadi informasi kualitatif menggunakan pendekatan tematik Ada lima temuan pokok dari penelitian ini. Pertama: terjadi tingkat pemanfaatan sumber daya perikanan melebihi batas untuk (i) pelagis besar, (ii) rajungan dan (iii) cumi-cumi akibat penggunaan alat tangkap trawl oleh nelayan Tawau pada waktu lampau. Kedua: Sebagian besar Ikan hasil tangkapan di Sebatik didaratkan menggunakan motor tempel dengan kapasitas 0-5 GT. Ketiga; terdapat lima jenis ikan bernilai ekonomis tinggi yang termasuk jenis udang dan moluska. Keempat: pemasaran ikan dari Sebatik dicirikan oleh adanya ikatan sosial ekonomi antara pedagang pengumpul, pedagang besar, dan agen di Tawau Malaysia. Kelima: kondisi-kondisi tersebut membuat pencatatan ekspor menjadi kurang baik dan dapat beresiko pada keberlanjutan sumber daya perikanan di wilayah itu. Berdasar hal ini, langkah strategis yang dapat direkomendasikan adalah penguatan integrasi aktor-aktor usaha perikanan tangkap di Sebatik ke dalam skema SKPT untuk memudahkan pencatatan ekspor hasil perikanan dari Sebatik ke Tawau Malaysia. Tittle: Fisheries Bussiness in Sebatik Island to Support the SKPT SebatikThe Sebatik Integrated Marine and Fisheries Center (SKPT Sebatik) built to develop the fisheries sector in Indonesia’s outermost islands. This study aimed to asses the fisheries business condition in Sebatik as recommendation for the management and advancement of SKPT Sebatik. The research was conducted in 2018 in Sebatik based on primary and secondary data. Primary data were collected through surveys with purposive and snowball sampling, and Focus Group Discussion (FGD). Secondary data were obtained from literature studies of relevant documents. The data were processed into qualitative information with thematic approach. There are five key findings of the research. First, the utilization rate of fisheries resources has exceeded its maximum level for (i) large pelagic fish, (ii) crabs, and (iii) squids as a result of the past trawl fishing by Tawau fishers. Second, most of the catches in Sebatik are landed using outboard motors of 0-5 GT. Third, there are five species of fish classified as shrimp and molluscs that bring a high economic value. Fourth, there is a social economic relationship among traders, wholesalers and agents in Tawau Malaysia in fish marketing from Sebatik. Fifth, such conditions resulted in a poor record of fish export and threaten the sustainability of fish resources in the area. Based on these findings, this study recommend to policy makers reinforce the integration of capture fisheries business actors in Sebatik into SKPT to facilitate the record of fishery product export from Sebatik to Tawau, Malaysia

Stewardship Theory di antara hubungan corporate risk, kompensasi eksekutif, karakteristik eksekutif, dan kepemilikan saham pemerintah terhadap tax avoidance

This  research  expected  to  understand the effect of corporate risk as measured by the standard deviation of EBITDA divided by total assets, executive compensation, executive characteristics as proxied by age and executive education and government share ownership on tax avoidance (ETR). The research sample of state-owned enterprises found on the official website bumn.go.id, was selected using the purposive sampling method, and 31 state-owned enterprises were obtained as observation data that met the sample criteria. The analysis to examine the effect of each independent variable on the dependent uses Multiple Regression. The results of the study state that corporate risk has a significant influence on tax avoidance, however, the results of this research are different when the researcher tries to exclude state-owned companies that are subject to final income tax from the research sample. From the results of this study, it was found that corporate risk has no effect on tax avoidance. executive compensation, executive characteristics of government share ownership have no effect on tax avoidance. Further research can use financial ratios, company age or other proxies that may affect tax avoidance. In addition, future researchers are expected to use private companies as a comparison of tax avoidance practices.Penelitian bertujuan untuk mengetahui pengaruh corporate risk yang diukur dengan deviasi standar dari EBITDA dibagi dengan total aset, kompensasi ekesekutif, karakteristik eksekutif yang diproksikan dengan umur dan Pendidikan eksekutif dan kepemilikan saham pemerintah terhadap tax avoidavce (ETR).  Sampel penelitian perusahaan BUMN yang terdapat di website resmi bumn.go.id, dipilih dengan metode  purposive  sampling, diperoleh 31 perusahaan BUMN sebagai data  observasi  yang  memenuhi  kriteria sampel. Analisis untuk menguji pengaruh masing-masing variabel independen terhadap dependen menggunakan Regresi Berganda. Hasil penelitian menyatakan bahwa corporate risk memiliki pengaruh signifikan terhadap tax avoidance akan tetapi, hasil penenlitin ini, menjadi berbeda ketika peneliti mencoba untuk mengeluarkan perusahaan BUMN yang dikenai PPh final dari sampel penelitian. Dari hasi penelitian tersebut, ditemukan bahwa corporate risk tidak berpengaruh terhadap tax avoidance. kompensasi ekesekutif, karakteristik eksekutif kepemilikan saham pemerintah tidak berpengaruh terhadap tax avoidance. Penelitian lanjutan bisa menggunakan rasio keuangan, umur perusahaan atau proksi lainnya yang dimungkinkan berpengaruh terhadap tax avoidance. Selain itu, peneliti berikutnya diharapkan menggunakan perusahaan swasta sebagai pembanding praktik tax avoidance

Komitmen pimpinan sebagai moderasi pengaruh good school governance terhadap kinerja sekolah

This study aims to analyze the effect of Good School Governance on school performance, analyze the effect of leadership commitment on school performance and the moderating role of leadership commitment on the effect of good school governance on school performance. The research approach uses quantitative methods, the research sample of the principals of Kindergarten institutions in Turen District, Malang Regency as many as 46 respondents. The analytical method used is Moderated Regression Analysis (MRA). The research findings indicate that Good School Governance has a significant influence on school performance, leadership commitment has a significant influence on school performance, the interaction of leadership commitment and Good School Governance has a significant influence on school performance. In terms of managerial implications, the practice of Good School Governance is positively related to school performance and leadership commitment as a moderating variable in an effort to improve school performance and quality. In particular, the commitment of the leadership as a manager, as a leader and the right decision maker to achieve a goal that must be developed and improved.Penelitian ini bertujuan untuk menganalisis pengaruh Good School Governance terhadap kinerja sekolah, menganalisis pengaruh komitmen pimpinan terhadap kinerja sekolah dan peran moderasi komitmen pimpinan pada pengaruh Good School Governance terhadap kinerja sekolah. Pendekatan penelitian menggunakan metode kuantitatif, sampel penelitian kepala sekolah lembaga Taman Kanak-Kanak di Kecamatan Turen Kabupaten Malang sebanyak 46 responden. Metode analisis yang digunakan adalah Moderated Regression Analysis (MRA). Temuan penelitian menunjukkan bahwa Good School Governance memiliki pengaruh yang signifikan terhadap kinerja sekolah, komitmen pimpinan memiliki pengaruh yang signifikan terhadap kinerja sekolah, interaksi komitmen pimpinan dan Good School Governance memiliki pengaruh yang signifikan terhadap kinerja sekolah. Dalam hal implikasi manajerial, bahwa praktik Good School Governance berhubungan positif terhadap kinerja sekolah dan komitmen pimpinan sebagai variabel moderasi sebagai upaya untuk meningkatkan kinerja dan mutu sekolah. Secara khusus, komitmen pimpinan sebagai pengelola, sebagai pimpinan dan pembuat keputusan yang tepat untuk mencapai suatu tujuan yang harus dikembangkan dan ditingkatka

Independence as a Moderating Influence of Gender and Religiosity on Audit Judgment

The purpose of this study was to explain the effect of gender, religiosity as independent variables and auditor independence as moderating variables on audit judgment as the dependent variable. The researchers conducted a research at several Public Accounting Firms (KAP) in East Java. This study uses the associative method to analyze the causal relationship between the variables of gender, religiosity on audit judgment with independence as a moderating variable. The results showed that Gender had no significant effect on the Judgment audit, religiosity had a significant effect on the Judgment audit, the interaction between Independence and Gender on the Judgment audit, showed that Independence weakened the influence of gender on the Judgment audit, and the interaction of Independence and Religiosity on the Judgment audit showed that Independence strengthened the effect of religiosity on the Judgment audi