Model Logistic Regression Dalam Penentuan Kebijakan Dividen Perusahaan Di Indonesia

This paper investagates dividend policy decision in Indonesian Stock Exchange (IDX) through studying non-financial firms. Panel data were obtained from 1490 non-financial firms over the five year period from 2006 to 2010, where 310 firms pay dividend and 1180 firms were not. Logistic regression model were used to test the six research hypotheses. The result revealed that size of firms, debt equity ratio, and return on equity increases the probability of paying dividends, whereas the public ownership decreases the probability of paying dividends. Two variables, free cash flow and growth of sales insignificantly affect to the probability of paying dividends. Overall, research findings that companies list on Indonesian Stock Exchange (IDX) paid dividends to reduce agency conflict and enhance their companies reputation.Keywords: Dividend payout decision, Non-financial firms, Panel data, Logisticregression model

ANALISIS JANUARY EFFECT TERHADAP RETURN PASAR INDEKS LQ-45 PERIODE 2016-2018

The purpose of this study is prove the existence of January effect anomaly on the market return of the LQ-45 Index for the period 2016-2018. The variable in this study is the market return of the LQ-45 index stock group. This study uses descriptive analysis and statistical analysis, namely different tests of two independent averages. The result of the study show that there is no difference in the average return in January with other months (February-December), so there is no phenomenon of the January effect on the LQ-45 Index during the period 2016-2018.Tujuan dari penelitian ini adalah membuktikan adanya anomali January effect terhadap return pasar Indeks LQ-45 periode 2016-2018. Variabel dalam penelitian ini adalah return pasar kelompok saham indeks LQ-45. Penelitian ini menggunakan analisis deskriptif dan analisis statistik yaitu uji beda dua rata-rata independen. Hasil penelitian menunjukkan bahwa tidak ada perbedaan rata-rata return bulan Januari dengan bulan lainnya (Februari-Desember), sehingga tidak ada fenomena pengaruh Januari terhadap Indeks LQ-45 selama periode 2016-2018

Model Logistic Regression dalam Penentuan Kebijakan Dividen Perusahaan di Indonesia

This paper investagates dividend policy decision in Indonesian Stock Exchange (IDX) through studying non-financial firms. Panel data were obtained from 1490 non-financial firms over the five year period from 2006 to 2010, where 310 firms pay dividend and 1180 firms were not. Logistic regression model were used to test the six research hypotheses. The result revealed that size of firms, debt equity ratio, and return on equity increases the probability of paying dividends, whereas the public ownership decreases the probability of paying dividends. Two variables, free cash flow and growth of sales insignificantly affect to the probability of paying dividends. Overall, research findings that companies list on Indonesian Stock Exchange (IDX) paid dividends to reduce agency conflict and enhance their companies reputation

UPAYA PENERAPAN NILAI-NILAI PANCASILA KEPADA PARA ANGGOTA PRAMUKA SAKA BHAYANGKARA MENGANTI GRESIK

Penelitian ini bertujuan untuk mengetahui nilai-nilai Pancasila dan penanamannya oleh pengurus/pembina kepada anggota Pramuka Saka Bhayangkara Menganti Gresik.Metode penelitian yang digunakan dalam penelitian ini ialah metode kualitatif dengan pendekatan deskriptif  kualitatif. Hasil dari penelitian ini menunjukkan bahwasannya pengurus Pramuka Saka Bhayangkara Menganti Gresik melakukan upaya penerapan nilai-nilai Pancasila kepada para anggota pramuka dengan kegiatan-kegiatan berikut : 1) Perkemahan sabtu minggu dengan nilai Pancasila yang ditanamkan antara lain jiwa berani, percaya diri, mengembangkan diri karena kesuksesan, sikap berhati-hati, berlatih berjuang keras, percaya kemampuan diri, saling menghormati antar anggota dalam kelompok, berani menerima tantangan, dan berlatih mengatasi tantangan;2) kegiatan Dasa Darma Pramuka dengan nilai yang ditanamkan meliputi taqwa kepada Tuhan Yang Maha Esa, cinta alam dan kasih sayang sesama manusia, patriot yang sopan dan ksatria, patuh dan suka bermusyawarah, rela menolong dan tabah, rajin, trampil dan gembira, hemat, cermat, dan bersahaja, disiplin, berani dan setia, bertanggung jawab dan dapat dipercaya dan suci; 3) kegiatan semapur terdapat aktivitas menggunakan sandi kode morse dengannilai yang ditanamkan pada kegiatan semapur meliputi sikap teliti, kekompakan tim, ketepatan pemecahan masalah, musyawarah tim, kecepatan mengambil keputusan, Kemampuan menjaga rahasia, rasa aman dan menghormati hak dan kewajiban; Dan 4)Kegiatan jelajah alam yaitu kegiatan halang merintang dengan nilai yang ditanamkan pada kegiatan tersebut adalah jiwa berani, percaya diri, mengembangkan diri karena kesuksesan, sikap berhati-hati, berlatih berjuang keras, percaya kemampuan diri, saling menghormati antar anggota dalam kelompok, berani menerima tantangan dan berlatih mengatasi tantangan

Financial Ratio Analysis in Predicting Financial Distress at Tourism Companies, Restaurants, and Hotels Listed on the Indonesia Stock Exchange (IDX) 2021

This study aims to determine and analyze liquidity, profitability, leverage, and operational cash flow on financial distress in tourism companies, restaurants, and hotels listed on the Indonesia Stock Exchange in 2021. By measuring the effect of liquidity, profitability, leverage, and operational cash flow on financial distress. Financial distress is measured using the X-Score. The method of analysis of this research uses the logistic regression analysis method. The results of this study indicate that liquidity harms financial distress, profitability harms financial distress, leverage has a positive effect on financial distress, and the operational cash flow ratio does not affect financial distress. Keywords: Financial ratios; Financial Distress; Leverage; Oprational Cash Flow X-Score; Profitability   Abstrak Penelitian ini bertujuan mengetahui dan menganalisis liquidity, profitability, leverage dan operational cash flow terhadap financial distress pada perusahaan pariwisata, restoran dan hotel yang terdaftar di Bursa Efek Indonesia tahun 2021. Dengan mengukur pengaruh liquidity, profitability, leverage dan operational cash flow terhadap financial distress. Financial distress diukur menggunakan X-Score. Metode analisis penelitian ini menggunakan metode analisis regresi logistik. Hasil penelitian ini menunjukkan bahwa liquidity berpengaruh negatif terhadap financial distress, profitability berpengaruh negatif terhadap financial distress, leverage berpengaruh positif terhadap financial distress, operational cash flow ratio tidak berpengaruh terhadap financial distress. Kata Kunci: Rasio Keuangan; Rasio Arus Kas Operasional; Kesulitan Keuangan; Profitabilitas; Manfaat X-Score &nbsp

Mediation Model Investment Opportunity Set on Manufacturing Companies in Indonesia: Partial Least Square (PLS) Approach

The purpose of the study was to test and analyze the influence of multinationality, size, and profitability as company advantages, and leverage and systematic risk as company limitations on the change in investment opportunity set with its appropriate proxy and influence on company financing. The sample of the study are manufacture firms listed on the Indonesian Stock Exchange that distributed successively in 2010 – 2013. Sample size consists of total is 435 firms Data analysis was conducted in two ways: a) Confirmatory Factor Analysis (CFA) to find appropriate proxies; and b) Partially Least Square (PLS). Results: company advantages were proven to have a positive effect on Investment Opportunity Set (IOS). Company limitations were not proven to have a negative effect on Investment Opportunity Set (IOS). Investment Opportunity Set was proven to have a positive effect on corporate financing policies at 10% significance level. Company advantages were proven to have a negative effect on corporate financing policies. Company limitations were proven to have a negative effect on corporate financing policies. IOS was proven to mediate the influence of company advantages on corporate financing policies at 10% significance level. IOS was proven to mediate the influence of company limitations on corporate financing policies. Company limitations have no significant influence on investment opportunity set. This is because companies inIndonesia have yet considered the leverage and systematic risk in determining the directions of corporate investment policies to grow and develop as well as in determining their financing policies

The Effect of Biological Asset Intensity, Ownership Concentration, Public Ownership, and Audit Committee Meeting on Biological Asset Disclosure

The existence of biological assets is fully regulated in PSAK 69 which is the adoption of IAS 41. This study aims to provide empirical evidence related to the influence of biological asset intensity, ownership concentration, public ownership, and audit committee meetings on biological asset disclosure. The population used in this study is an agricultural company listed on the Indonesia Stock Exchange (IDX) for the period of 2018 to 2021. The sample selection method used in this study was purposive sampling. Based on the predetermined criteria, a total sample of 15 companies was obtained with a total of 60 firm observations. Data were analyzed using multiple regression analysis methods. Results show that biological assets intensity has a positive influence on the biological assets disclosure of agricultural companies listed on the Indonesia Stock Exchange (IDX) in 2018-2021. However, ownership concentration, public ownership, and audit committee meetings have no effect on the biological assets disclosure of agricultural companies listed on the Indonesia Stock Exchange

PEMANFAATAN SISTEM PENJERNIH AIR HUJAN SEDERHANA UNTUK MENGURANGI BIAYA RUMAH TANGGA DALAM PENGGUNAAN AIR, MASYARAKAT DUSUN MLAKAN, DESA SAMBIREJO, KECAMATAN PRAMBANAN, SLEMAN

One of the problems faced by the people of Mlakan, Sambirejo, Prambanan, Sleman is the amount of expenditure for the purchase of clean water. The purpose of this PbM program is to help ease the burden on the community of Mlakan  in utilizing clean water through a pilot project on the use of appropriate technology “Simple Rainwater Purifier” which was developed by BPPT and modified according to the situation in the program location. The construction is built with a cast frame at a cost of Rp. 8.5 million and was able to save an average of Rp. 1,67 million,- per year. On the basis of these calculations, the authors suggest that residents will set aside funds (saving) to be able to work on the Making of Simple Water Purifiers. It will be more interesting if the funding is done with the social gathering system, and the process is done with a system of Rp. 50 thousand per month, the author estimates that in every 4 months 1 rainwater purifier can be completed in the village

The Influence of Market Orientation and Innovation on Business Performance Mediated by Competitive Advantage (Survey of SMEs Registered with the Mukti Manunggal Batik Association)

The purpose of this research is to test the influence of market orientation and innovation on SME’s performance and market orientation and innovation on SME’s performance mediated by competitive advantage in the batik SME’s of Mukti Manunggal Batik Association. The phenomenon in this research the inability of the batik SME’s of Mukti Manunggal Batik Association to understand market orientation, innovate, and competitive advantage. The methods in this study use descriptive and quantitative analysis. The population in this research amounted to 35 batik SME’s. Sampling technique use census techniques that make all SME’s as sample. The analytical techniques uses Partial Least Square with loading factor and AVE > 0.5, composite reliability and cronbach's alpha > 0.7, compares cross loading value with the cross loading value on the affected variable, and original sample in determining relationships direction as well as p values < 0.5 in determining significance. Data collection using observations, questionnaires, and interviews. The results of the analysis showed that: 1). Market orientation and innovation has positive and significant effect on SME’s performance, 2). Market orientation and innovation influence positive and significant SME’s performance mediated by competitive advantage

Analisis Faktor-faktor Yang Mempengaruhi Dividen Kas Perusahaan Manufaktur di BEJ

The purpose of this study to analyze: what are financial ratio’s (CsR, CR, DTA, ROI, and EPS) simultaneously influence to cash dividend, what are financial ratio’s (CsR, CR, DTA, ROI, and EPS) partially influence to cash dividend and between financial ratio’s (CsR, CR, DTA, ROI, and EPS) in this study dominantly influence to cash dividend. Using purposive sampling, the sample in this study are 17 company’s listed in the Indonesia Stock Exchange over the period 2000 - 2005. With multiple regression, this study founds: financial ratio’s (CsR, CR, DTA, ROI, and EPS) simultaneously influence to cash dividend, Financial ratio’s (CsR, CR, DTA) non significant influence to cash dividend but ROI and EPS significant influence to cash dividend. EPS dominantly influence to cash dividend. Key words: financial ratio’s, simultaneously, partially and dominantl