Kemitraan Bumn dengan UKM Sektor Industri di Kabupaten Sleman: Analisis Model Balance Scorecard

The research was conducted to determine the effect on the performance of SOEs Partnership Program SMEs in Sleman, Yogyakarta Special Region, using the balance scorecard approach to performance evaluation. In assessing the implementation of the coaching process, researchers use a measure of the principles of the new paradigm of Osborne and Gaebler (Tamba, 2004), while to know the direction of marketing strategies using the concept of Kotler and Armstrong (1989). The results showed that the implementation is not in accordance with the spirit of partnership that mandated by the rules. Working Capital Loans are given relatively small, and Investment Assistance Loans are only given to 10 SMEs (27.78%). Fostering human resources in the form of education and apprenticeship is never done, while the training is only carried out on eight SME (22.22%). In addition, the Marketing and Promotion Development aid is only granted to 12 SMEs (33.33%). The value of loans granted though relatively small, but was still significant (0.675; t-stat = 2.069) on shareholder value, this is because the loans are disbursed only to micro-businesses that had little effect so the increase that occurred has no positive value for welfare of society at large. Coaching HR does not provide a significant positive effect, even a negative effect on organizational capital (-0.465; t-stat=6.658) and no effect also on human capital (0.000). Similarly, the Business Development also no significant effect on shareholder value (-0.435; t-stat= 1.145) but significant positive effect on human capital (0.877; t-stat=17.417). Furthermore, the findings based on the principles of the new paradigm suggests that the implementation of the coaching was done SOE Partners Equity Loans weakened the influence of shareholder value (0.241; t-stat=1.498), whereas the implementation of the Referral Marketing Strategy Business Development to strengthen the influence of shareholder value (0.781; t-stat=4.252). Finally it can be concluded that the Capital Loan significant positive effect on shareholder value but does not give effect to the wider community. Positive and significant influence of human capital to organizational capital and equity firms occurred not due to the results of state-owned development partners, but tend to be because SMEs itself in terms of relationship and managerial capabilities

ANALISIS PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, TOTAL ASSETS TURNOVER, DAN LEVERAGE TERHADAP RETURN SAHAM DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL INTERVENING (Studi Pada Perusahaan Consumer Goods yang Terdaftar di BEI Periode 2015-2020)

Penelitian ini menguji pengaruh ukuran perusahaan, profitabilitas, total assets turnover, dan leverage terhadap return saham dengan kebijakan dividen sebagai variabel intervening di perusahaan Consumer Goods yang terdaftar di Bursa Efek Indonesia periode 2015-2020. Populasi dalam penelitian ini adalah seluruh perusahaan Consumer Goods.  Teknik pengambilan sampel menggunakan purposive sampling. Data diolah menggunakan regresi linier berganda, uji asumsi klasik, dan uji sobel. Hasil penelitian menunjukkan bahwa ukuran perusahaan dan leverage berpengaruh negatif signifikan terhadap kebijakan dividen, profitabilitas berpengaruh negatif tidak signifikan terhadap kebijakan dividen, TATO berpengaruh positif signifikan terhadap kebijakan dividen, ukuran perusahaan, TATO, dan leverage tidak berpengaruh  terhadap return saham, profitabilitas berpengaruh positif signifikan terhadap return saham, kebijakan dividen berpengaruh negatif signifikan terhadap return saham, dan kebijakan dividen tidak dapat memediasi dari ukuran perusahaan, profitabilitas, TATO, dan leverage terhadap return saham

THE COMMUNITY PERCEPTION TO GOOD GOVERNANCE IMPLEMENTATION OF VILLAGE FUNDS IN BANTUL REGENCY

This study aims to determine the perception of the community on the implementation of Village Fund Allocation that is used for the Implementation of Village Governance, Village Development, empowerment of rural communities, and Community Activities. with the influence of moderation good governance. The purpose of village fund allocation in principle to improve the welfare and equity of village development through improving public services in the village, promoting the village economy, overcoming the inter-village development gap and strengthening the village community as the subject of development. This is in accordance with the substance of Village Law No. 6/2014 to grant greater autonomy to the village in order to become self-reliant. currently there are still many parties who do not understand the use of village funds. There needs to be an appropriate and understandable media for village community can see and know the village government has done in the use of the village budget. This study uses secondary data collected from village administration, while primary data is collected from Bantul village community. Data analysis used Structural Equation Modeling based variance with the help SmartPLS software. The results showed that the simultaneous administration of village funding for all programs has a positive and significant impact on the perception of the village community perception, while the program partially for each funding does not significantly affect. Good governance as an independent variable significantly influences the perceptions of village communities, but the role of  Governance for the implementation of each partial funding program has no significant effect on community village perception

FACTORS AFFECTING PRICE EARNING RATIO AS ONE OF THE DECISION CRITERIA FOR MANUFACTURING COMPANY SHARES INVESTMENT IN INDONESIA STOCK EXCHANGE (2013-2018 PERIOD)

This study aims so that determine how the factors that affect the price earning ratio as one of the criteria for stock investment decisions of manufacturing companies on the Indonesia Stock Exchange for the period 2013-2018. Indicators of company characteristics used include the Dividend Payout Ratio, Debt to Equity Ratio, and Return on Assets to Price Earning Ratio. Dividend policy is based on the Dividend Payout Ratio, Debt to Equity Ratio, profitability is proxied by Return on Assets, and Company Value is prioritized by Price Earning Ratio. This study uses secondary data from financial reports and annual reports of companies included in manufacturing companies during 2013-2018. The research sample was determined using purposive sampling method, so that the sample obtained was about 8 companies. The results of hypothesis testing for each independent variable have a positive and significant effect on the dependent variable. Keywords : Dividend Payout Ratio, Debt to Equity Ratio, and Return on Assets and Price Earning Rati

ANALISIS POTENSI RASIO CAMEL SEBAGAI INDIKATOR SINYAL KONDISI BERMASALAH BANK PERKREDITAN RAKYAT KONVENSIONAL DAERAH ISTIMEWA YOGYAKARTA

The study was conducted to determine the potential of camel ratio as an indicator of signal problematic conditions of Conventional Rural Bank in Yogyakarta Special Region. The data used are all the Performance Rural Banks operating in 4 (four) districts and 1 (one) city of Yogyakarta, which is listed on the Bank of Indonesia. Due dependent variable is nominal data, then test of hypothesis is done using logit regression analysis model. The results provide evidence that: Adequacy Capital Ratio (Zstatistics = -5.4477; sig. = 0.0000) as a proxy for capital potentially significant factor as an indicator of signal problematic conditions; Non Performance Loan (Z Statistics = 6.3545; sig. = 0.0000) and Depreciation Reserve of Productive Assets (Z Statistics = 3.6966; sig. = 0.0002) as a proxy for asset quality factor potentially significant as an indicator of signal problematic conditions; Profit Margin (z Statistics = -1.3183; Sig. = 0.1874) as a proxy for management factor and Return On Assets (z Statistics = 0.1402; sig. = 0, 8884) as a proxy for earnings factor is not significant as an indicator of potentially problematic conditions signal; and Loan to Deposit Ratio (z Statistics = - 4.3700; sig. = 0.0000) as a proxy for liquidity potentially significant factor as an indicator of signal problematic conditions

EFEK PARTISIPASI MASYARAKAT TERHADAP KEPUASAN DAN WOM DESTINASI WISATA CANDI BOROBUDUR

Tujuan penelitian ini untuk mengetahui pengaruh partisipasi masyarakat terhadap kepuasan pengunjung candi borobudur serta dampaknya terhadap word of mouth (WOM). Sampel yang diambil sebanyak 100 responden, sedangkan teknik pengambilan sampel menggunakan metode purposive sampling dengan syarat responden sudah pernah berkunjung sebelumnya ke candi Borobudur. Analisis data menerapkan pemodelan dengan bantuan software SmartPLS 3.2.8. Hasil penelitian menunjukkan bahwa partisipasi masyarakat berpengaruh positip dan signifikan baik terhadap kepuasan wisatawan maupun terhadap WOM. Selain itu kepuasan wisatawan juga berpengaruh positip dan signifikan terhadap WOM.  Kata Kunci: Partisipasi Masyarakat, Kepuasan Wisatawan, Word Of Mout

EFEKTIFITAS MANAJEMEN SIKLUS KONVERSI KAS PERUSAHAAN SEKTOR ANEKA USAHA TERDAFTAR DI BEI

Penelitian ini bertujuan untuk mengetahui  efektifitas pengelolaan siklus konversi kas pada perusahaan sektor aneka industri yang berdampak pada  karakter keuangan dan price earning ratio. Sampel diambil dari laporan keuangan sector aneka industri periode 2012-2015 yang terdaftar di Bursa Efek Indonesia. Teknik pengumpulan data menggunakan metode Purposive Sampling dengan kriteria: (1) Terdaftar di Bursa Efek Indonesia periode tahun 2012-2015; (2) Perusahaan mempunyai laporan keuangan yang berakhir 31 Desember dan telah diaudit oleh auditor independen; (3) Perusahaan menggunakan laporan keuangan dengan mata uang Rupiah. Analisis data untuk menguji hipotesis menggunakan Structural Equation Modeling berbasis variance. Hasil penelitian menunjukkan bahwa efektifitas pengelolaan siklus konversi kas pada perusahaan aneka industri di Indonesia terindikasi sebesar 60,20% berada pada minus 250 hari sampai dengan 0 hari. Kondisi tersebut memberikan dukungan pembuktian adanya pengaruh negatif signifikan terhadap karakter perusahaan dan price earning ratio. Semakin rendah periode siklus konversi kas semakin baik karakter keuangan dan price earning ratio. Akan tetapi tidak semua karakter perusahaan berpengaruh terhadap price earning ratio. Indeks profitabilitas, Indeks likuiditas, dan indeks ukuran perusahaan berpengaruh positip signifikan terhadap price earning ratio, sedangkan indeks produktifitas dan indeks dividen tidak berpengaruh terhadap price earning ratio

The Influence of Liquidity, Capital Structure and Profitability on Company Value (Case Study of Property and Real Estate Companies Listed on the IDX 2018-2022)

This research was conducted to find out how company value (case study of property and real estate companies listed on the IDX from 2018 to 2022) can be influenced by liquidity, capital structure and profitability. We have observed 87 real estate and property companies listed on the IDX from 2018 to 2022. The dependent variable is company value and the independent variables are liquidity, capital structure and profitability. With the results of this research using a partial test (t test), there is a large and positive influence on company value produced by profitability and liquidity, and a small and positive influence produced by capital structure. This is shown by the incomplete test calculation resulting in a Beta value of 0.095 and a t count of 1.195 with a significance value of 0.146 > 0.05

KEMITRAAN BUMN DENGAN UKM SEKTOR INDUSTRI DI KABUPATEN SLEMAN: ANALISIS MODEL BALANCE SCORECARD

The research was conducted to determine the effect on the performance of SOEs Partnership Program SMEs in Sleman, Yogyakarta Special Region, using the balance scorecard approach to performance evaluation. In assessing the implementation of the coaching process, researchers use a measure of the principles of the new paradigm of Osborne and Gaebler (Tamba, 2004), while to know the direction of marketing strategies using the concept of Kotler and Armstrong (1989). The results showed that the implementation is not in accordance with the spirit of partnership that mandated by the rules. Working Capital Loans are given relatively small, and Investment Assistance Loans are only given to 10 SMEs (27.78%). Fostering human resources in the form of education and apprenticeship is never done, while the training is only carried out on eight SME (22.22%). In addition, the Marketing and Promotion Development aid is only granted to 12 SMEs (33.33%). The value of loans granted though relatively small, but was still significant (0.675; t-stat = 2.069) on shareholder value, this is because the loans are disbursed only to micro-businesses that had little effect so the increase that occurred has no positive value for welfare of society at large. Coaching HR does not provide a significant positive effect, even a negative effect on organizational capital (-0.465; t-stat=6.658) and no effect also on human capital (0.000). Similarly, the Business Development also no significant effect on shareholder value (-0.435; t-stat= 1.145) but significant positive effect on human capital (0.877; t-stat=17.417). Furthermore, the findings based on the principles of the new paradigm suggests that the implementation of the coaching was done SOE Partners Equity Loans weakened the influence of shareholder value (0.241; t-stat=1.498), whereas the implementation of the Referral Marketing Strategy Business Development to strengthen the influence of shareholder value (0.781; t-stat=4.252). Finally it can be concluded that the Capital Loan significant positive effect on shareholder value but does not give effect to the wider community. Positive and significant influence of human capital to organizational capital and equity firms occurred not due to the results of state-owned development partners, but tend to be because SMEs itself in terms of relationship and managerial capabilities

Efektifitas MANAJEMEN SIKLUS Konversi Kas PERUSAHAAN Sektor Aneka Usaha TERDAFTAR DI BEI

Penelitian ini bertujuan untuk mengetahui  efektifitas pengelolaan siklus konversi kas pada perusahaan sektor aneka industri yang berdampak pada  karakter keuangan dan price earning ratio. Sampel diambil dari laporan keuangan sector aneka industri periode 2012-2015 yang terdaftar di Bursa Efek Indonesia. Teknik pengumpulan data menggunakan metode Purposive Sampling dengan kriteria: (1) Terdaftar di Bursa Efek Indonesia periode tahun 2012-2015; (2) Perusahaan mempunyai laporan keuangan yang berakhir 31 Desember dan telah diaudit oleh auditor independen; (3) Perusahaan menggunakan laporan keuangan dengan mata uang Rupiah. Analisis data untuk menguji hipotesis menggunakan Structural Equation Modeling berbasis variance. Hasil penelitian menunjukkan bahwa efektifitas pengelolaan siklus konversi kas pada perusahaan aneka industri di Indonesia terindikasi sebesar 60,20% berada pada minus 250 hari sampai dengan 0 hari. Kondisi tersebut memberikan dukungan pembuktian adanya pengaruh negatif signifikan terhadap karakter perusahaan dan price earning ratio. Semakin rendah periode siklus konversi kas semakin baik karakter keuangan dan price earning ratio. Akan tetapi tidak semua karakter perusahaan berpengaruh terhadap price earning ratio. Indeks profitabilitas, Indeks likuiditas, dan indeks ukuran perusahaan berpengaruh positip signifikan terhadap price earning ratio, sedangkan indeks produktifitas dan indeks dividen tidak berpengaruh terhadap price earning ratio