Analisis Faktor Penentu Kompensasi Eksekutif Dan Hubungan Kompensasi Eksekutif Dengan Kinerja Perusahaan

The objectives of this research were (1) to analyse determinants of the influencing factors of the Indonesian Estate State-owned enterprises\u27 executive compensations; and (2) to analyse the relationship between compensation executive and firm performances. Statistical methods used for analysing these objectives were Structural Equation Model (SEM), contingency analysis, regresion analysis and qualitative analysis. The study found out that from all identified variables, executive decision mechanism, job complexity, firm size, firm ability to pay compensation, and product diversification and market expansionhad positive correlation and significant influenced to executive compensation. Human capital, business risk, executive employment market had significant correlations to executive compensation. The research had also shown a result that executive compensation provide positive correlation and significant influence towards financial performance (EBIT), customer performance (sales volume, output price, market area), internal process performance (OER target, OER realisation), and growth and learning performance (number of training investment, number of employees participated intraining). However, executive compensation did not give positive correlation and significant influenced towards financial performance (ROE) and customer performance(market share). This research also showed that direction of executive compensation was heading to company\u27s performance and not the opposite way

Faktor - Faktor Yang Memengaruhi Kompensasi Eksekutif Dan Dampaknya Terhadap Kinerja BUMN Perkebunan

Penelitian ini bertujuan untuk (1) menganalisis faktor-faktor yang memengaruhi kompensasi eksekutif BUMN Perkebunan Indonesia, (2) menganalisis hubungan antara faktor-faktor tersebut dengan kinerja BUMN Perkebunan dan (3) menganalisis hubungan antara kompensasi eksekutif dengan kinerja BUMN Perkebunan. Metode analisis yang digunakan adalah Structural Equation Model (SEM), analisis kontingensi, analisis regresi dan analisis kualitatif. Hasil studi menunjukkan bahwa dari semua faktor yang diidentifikasi, mekanisme keputusan eksekutif, kompleksitas jabatan, skala USAha, kemampuan Perusahaan membayar kompensasi, dan diversifikasi produk dan perluasan pasar mempunyai hubungan positif dan pengaruh signifikan terhadap kompensasi eksekutif. Human capital dan pasar tenaga kerja eksekutif mempunyai hubungan signifikan dengan kompensasi eksekutif. Temuan lain dari penelitian ini menunjukkan bahwa skala USAha mempunyai hubungan positif dan pengaruh signifikan terhadap kinerja pelanggan, kinerja proses bisnis internal, dan kinerja pertumbuhan dan pembelajaran. Kemampuan Perusahaan membayar kompensasi mempunyai hubungan positif dan pengaruh signifikan terhadap kinerja keuangan, kinerja pelanggan, dan kinerja pertumbuhan dan pembelajaran. Diversifikasi produk dan perluasan pasar mempunyai hubungan positif dan pengaruh signifikan terhadap kinerja pelanggan dan kinerja proses bisnis internal. Penelitian ini juga memberikan hasil bahwa kompensasi eksekutif mempunyai hubungan positif dan pengaruh signifikan terhadap kinerja keuangan, kinerja pelanggan, kinerja proses bisnis internal, dan kinerja pertumbuhan dan pembelajaran

Analisis Pengaruh Institusi Terhadap Strategi Dan Kinerja Badan Usaha Milik Negara (BUMN)

Based on literatures, institutions (rules of the game) influence strategy that leads to performance of enterprise. If the relationships hold for SOE, the improvement of institutional environment will enable the improvement of SOE\u27s performance. The aim of this research is to prove the causal relationship of institution-strategy and strategy-performance in SOE environment, and to extend the relationship to institution-performance of SOE. Likert-scaled data have been collected from expert\u27s opinion survey. Structural equation modeling analyses found: 1) institutions significantly influence strategy; 2) strategy does not influence performance significantly; and 3) institutions directly affect performance of SOE. The reserach has been completed with historical institutional analysis to elaborate how institutional factors have emerged and developed. It found a chain of historical events that have become critical junctures and shaped the institutional factors of SOE. The research showed that favorable institutional environment is importance as pre-condition to improve SOE\u27s performance, and it needs time and consistent efforts to develop

Reengineering of Position and Role of Institution and Policy on Land Rehabilitation

The purpose of land rehabilitation (LR) is to improve of landuse capability. Actually, LR needed participation of many institutions and policies. The objective of this research is to access the role, position, and function of each institution and each policy related to LR. The research methodology is intrepretation Structural Modelling (ISM). The result showed there are 26 institutions and 12 policies related to LR. Department of Forsetry, Environment Non-Government Organization (NGO), and District Department of Forestry have high score driver power and dependensy to LR programs