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Pengaruh Leverage, Likuiditas dan Profitabilitas terhadap Nilai Perusahaan pada Airlines Company Listed IDX 2011-2020 杠杆、流动性和盈利能力对航空公司有限责任公司价值的影响
Pub Date : 2022-02-01 DOI: 10.26740/jim.v10n1.p39-50
Nur Fitriana, Purwohandoko Purwohandoko
Nilai perusahaan adalah nilai pasar wajar dari harga saham dan sebagai tolak ukur keberhasilan manajemen perusahaan. Nilai perusahaan sebagai variabel terikat dalam penelitian ini dinyatakan dengan rasio PBV. Penelitian ini bertujuan untuk menganalisis pengaruh leverage, likuiditas, dan profitabilitas terhadap nilai perusahaan pada perusahaan penerbangan yang terdaftar di BEI 2011-2020. Penelitian ini merupakan penelitian kausal dengan jenis data kuantitatif dan sekunder. Penelitian ini menggunakan metode regresi linier berganda yang diukur dengan SPSS sebagai alat analisisnya dengan populasi berupa seluruh maskapai penerbangan yang terdaftar di BEI, sedangkan sampel penelitian diambil berdasarkan metode purposive sampling yang menghasilkan 3 sampel perusahaan dengan kode GIAA , IATA dan CMPP. Hasil penelitian ini menunjukkan bahwa leverage yang diproksikan dengan DER berpengaruh signifikan terhadap nilai perusahaan pada perusahaan penerbangan yang terdaftar di BEI 2011-2020, sedangkan likuiditas yang diproksikan dengan CR dan profitabilitas yang diproksikan dengan ROE berpengaruh signifikan terhadap nilai perusahaan pada maskapai penerbangan. perusahaan yang terdaftar di BEI 2011-2020. Kata kunci: perusahaan penerbangan; nilai perusahaan; leverage, likuiditas; profitabilitas
公司价值是股票价格的公平市场价值,也是企业管理成功的衡量标准。本研究中公司作为变量的值是根据PBV比来计算的。本研究旨在分析上市北2011-2020航空公司的杠杆、流动性和盈利能力对公司价值的影响。本研究是一种具有定量和二级数据类型的因果关系研究。该研究使用SPSS作为分析对象对在北注册的所有航空公司的总体总体进行分析,而研究样本是根据采样方法进行的,该方法产生了3个具有GIAA、IATA和CMPP代码的公司样本。这项研究的结果表明,与DER合作的杠杆对上市航空公司的价值产生了重大影响,而与ROE相关的流动性和盈利能力则对航空公司的价值产生了重大影响。上市于北2011-2020的公司。航空公司;公司价值;杠杆,流动性;盈利能力
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引用次数: 2
Pengaruh Likuiditas dan Leverage terhadap Kebijakan Dividen dengan Firm Size sebagai Variabel Mediasi pada Perusahaan Sektor Infrastructure, Utilities and Transportation di Bei Periode 2014-2018 流动性和杠杆对股利政策的影响,第一阶段为基础设施、公用事业和运输等行业的调控变量
Pub Date : 2022-02-01 DOI: 10.26740/jim.v10n1.p68-81
Lisfi Dita Anggraini
The movement of the average value of the dividend policy from 2014 to 2018 experienced fluctuating in its growth. Infrastructure, utilities and transportation sectors experienced a significant increase each year compared to the others. Based on bps data, Gross Domestic Product (GDP) fluctuated. This study aims to determine the effect of liquidity and leverage on dividend policy with firm size as a mediating variable in the infrastructure, utilities and transportation sectors listed on the IDX in 2014-2018. This study uses causal research with a quantitative approach. The population of this study consisted of 74 companies with a sample of 10 companies using the purposive sampling technique. The data analysis method used in this study uses path analysis with SmartPLS 3.0 software. This study revealed that liquidity has a positive effect on dividends, which leads the company to have the ability to settle its short term with current assets, so that the cash position is stronger and the increasing the ability to pay a dividend. Liquidity has a negative effect on size because the company cannot always meet its short-term obligations in carrying out its activities properly to earn profits and can increase the company's assets. Leverage and firm size do no effect dividend policy. The leverage does not effect the firm size. It means, that firm size cannot be mediated by the relationship between liquidity and leverage on dividend policy. The firm can use the results of this study to determine the amount of dividend policy distributed to shareholders.
2014 - 2018年股利政策均值的变动经历了增长的波动。与其他部门相比,基础设施、公用事业和运输部门每年都有显著增长。根据基点数据,国内生产总值(GDP)出现波动。本研究旨在确定流动性和杠杆对2014-2018年在IDX上市的基础设施、公用事业和交通运输行业股息政策的影响,并将公司规模作为中介变量。本研究采用定量方法进行因果研究。本研究的人口包括74家公司,其中10家公司采用有目的的抽样技术。本研究的数据分析方法采用路径分析,采用SmartPLS 3.0软件。本研究发现,流动性对股息有正向影响,使得公司有能力用流动资产来结算其短期,从而使现金状况更强,支付股息的能力也越来越强。流动性对规模有负面影响,因为公司不能总是履行其短期义务,以适当地开展其活动来赚取利润,并可以增加公司的资产。杠杆和公司规模对股息政策没有影响。杠杆对公司规模没有影响。这意味着,公司规模不能被流动性和杠杆对股息政策的关系所中介。公司可以使用本研究的结果来确定分配给股东的股息政策的金额。
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引用次数: 3
Pengaruh Financial Literacy, Financial Self-Efficacy, Locus of Control, Parental Income, Love of Money terhadap Financial Management Behavior: Lifestyle sebagai Mediasi 财务素养、财务自我效能感、控制点、父母收入、对金钱的热爱与财务管理行为:生活方式研究[j]
Pub Date : 2022-02-01 DOI: 10.26740/jim.v10n1.p51-67
Mawalia 'Ulumudiniati, Nadia Asandimitra
Thrifty can be used as an indication that someone has good financial management behavior. This research aims to investigate the influence of financial literacy, financial self-efficacy, locus of control, parental income, love of money on financial management behavior and lifestyle as mediating variables of Z Generation Thriftier in East Java. The type of research used is quantitative conclusive causality, and data analysis technique used Structural Equation Model (SEM) with Amos 24 software. The number of samples obtained was 264 respondents by using purposive and snowball sampling techniques and taken from an online questionnaire. The findings show that there is no influence of parental income on financial management behavior, but there is an influence of financial literacy, financial self-efficacy, locus of control, love of money and lifestyle on financial management behavior. In addition, financial literacy influences lifestyle, and lifestyle mediate between financial literacy and financial management behavior. Therefore, the results of this research can be contributed as a reference for all parties, especially Z Generation Thriftier in East Java to improve their skills, abilities and responsibilities for making the right financial decisions and managing their finances better.
节俭可以用来表明某人有良好的财务管理行为。本研究旨在探讨理财素养、理财自我效能感、控制源、父母收入、爱钱对东爪哇Z世代节俭者理财行为和生活方式的影响作为中介变量。采用定量结论性因果关系的研究方式,数据分析技术采用结构方程模型(SEM)和Amos 24软件。通过使用有目的和滚雪球抽样技术并从在线问卷中获得的样本数量为264名受访者。研究结果表明,父母收入对理财行为没有影响,但理财素养、理财自我效能感、控制点、爱钱和生活方式对理财行为有影响。此外,理财知识影响生活方式,生活方式在理财知识和理财行为之间起中介作用。因此,本研究的结果可以为各方,特别是东爪哇的Z世代节俭者提供参考,以提高他们做出正确的财务决策和更好地管理自己的财务的技能,能力和责任。
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引用次数: 9
Pengaruh Firm Size Terhadap Nilai Perusahaan dengan Profitabilitas dan Liabilitas sebagai Variabel Mediasi pada Sektor Finance yang Terdaftar di BEI Tahun 2016-2020 Firm Size对金融部门中上市的中介变量利润率和负债企业价值的影响
Pub Date : 2022-01-28 DOI: 10.26740/jim.v10n1.p11-27
Ria ' Khoirunnisa
This study aims to determine the effect of firm size on firm value with profitability and liability as mediating variables. This research was conducted in the finance sector listed on the Indonesia Stock Exchange (IDX) for the 2016-2020 period. The finance sector was chosen because it experienced a fairly stable movement on the IDX compared to other sectors, but the Jakarta Composite Index (JCI) experienced a decline. The type of research used is research with quantitative approach and is included in causal research. The population in this study were 94 companies. This research used purposive sampling technique and 10 companies were taken as samples. The data analysis method used in this research is Path Analysis with SmartPLS 3.0. The results of this study indicate that firm size had an effect on liabilities because large firm sizes are easy to obtain credit. Firm size had no effect on firm value because the number of company assets does not operate well in increasing profits and firm size also had no effect on profitability because the large costs of managing the company will reduce profitability. Profitability had an effect on firm value because high profitability can increase investor interest. Liabilities affect the value of the company because the greater debt will increase the risk so that it can reduce the value of the company. Profitability and liability cannot be a mediating variable between firm size and firm value because partially the firm size variable is not significantly affected in this study.
本研究以盈利能力和负债为中介变量,探讨企业规模对企业价值的影响。这项研究是在2016-2020年期间在印度尼西亚证券交易所(IDX)上市的金融部门进行的。之所以选择金融行业,是因为与其他行业相比,金融行业在印尼综合指数(IDX)上的走势相当稳定,但雅加达综合指数(JCI)却出现了下跌。使用的研究类型是定量方法的研究,包括在因果研究中。这项研究的对象是94家公司。本研究采用目的性抽样方法,选取10家企业作为样本。本研究使用的数据分析方法是使用SmartPLS 3.0进行路径分析。本研究的结果表明,企业规模对负债有影响,因为大企业规模更容易获得信贷。企业规模对企业价值没有影响,因为公司资产数量不能很好地增加利润;企业规模对盈利能力也没有影响,因为管理公司的高额成本会降低盈利能力。盈利能力对公司价值有影响,因为高盈利能力可以增加投资者的兴趣。负债会影响公司的价值,因为越大的负债会增加风险,从而降低公司的价值。盈利能力和负债不能成为企业规模和企业价值之间的中介变量,因为在本研究中,部分企业规模变量没有受到显著影响。
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引用次数: 1
Pengaruh Rasio-Rasio Keuangan Terhadap Financial Distres Pada Perusahaan Sektor Perdagangan, Jasa, Dan Investasi 商业、服务和投资企业对金融比例的影响
Pub Date : 2022-01-28 DOI: 10.26740/jim.v10n1.p1-10
A. Hadi
Financial distress is a decrease in financial conditions before bankruptcy. These financial difficulties do not happen suddenly. However, one indication that causes financial distress is a continuous decline in company profits. This study aims to examine financial ratios’ effects on financial distress. Independent variables of financial ratios used in this research are, current ratio, return on assets, debt to equity ratio, debt to assets ratio, and total assets turnover. The used in this study is from 2018 to 2020. The population used in this study includes companies engaged in trade, services, and investment. The sample used is purposive sampling to produce as many as 39 companies as samples. The analysis used in this study is logistic regression analysis. The results showed that the current ratio also returns on assets had a significant impact on financial distress. In the meantime, the independent variables debt to equity ratio, debt to assets ratio, and total assets turnovers do not affect financial distress. Keywords: financial distress; financial ratios; company profits
财务困境是指破产前的财务状况下降。这些财政困难不会突然发生。然而,导致财务困境的一个迹象是公司利润的持续下降。本研究旨在探讨财务比率对财务困境的影响。本研究中使用的财务比率自变量为:流动比率、资产收益率、负债权益比、负债资产比、总资产周转率。本研究使用的时间为2018年至2020年。本研究中使用的人口包括从事贸易、服务和投资的公司。使用的样本是有目的的抽样,产生多达39家公司作为样本。本研究采用logistic回归分析。结果表明,流动比率和资产报酬率对财务困境有显著影响。同时,自变量负债权益比、负债资产比和总资产周转率对财务困境没有影响。关键词:财务困境;财务比率;公司的利润
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引用次数: 2
Analisis Pengaruh Profitabilitas, Likuiditas, dan Leverage terhadap Financial Distress pada Perusahaan Transportasi yang Terdaftar di BEI Tahun 2018-2020 分析利润率、流动性和杠杆对金融紧缩的影响,这些公司于2018年至2020年上市
Pub Date : 2022-01-28 DOI: 10.26740/jim.v10n1.p28-38
Anita Antoniawati, Purwohandoko Purwohandoko
Financial distress is a condition where management is unable to overcome financial problems that cause a successive decline in financial performance before the company is declared bankrupt. This study has something to be achieved, namely analyzing the possibility of financial distress in companies with financial ratios as indicators, including profitability ratios, liquidity ratios, and leverage ratios. The sample taken is a transportation company listed on the Indonesia Stock Exchange for the period 2018-2020. Purposive sampling was used as a sample selection method and 13 companies were obtained that matched the criteria proposed by the author. Data analysis with logistic regression using IBM SPSS version 25. As a result, the profitability represented by ROA has no effect on financial distress because when profits decline, there are still other funds from both internal and external sources to cover liabilities. Liquidity represented by the current ratio has no effect on financial distress because the companies have the ability to fund current debt with total assets. Meanwhile, leverage represented by DAR has a significant effect on financial distress. The solution that can be done by transportation companies with consecutive losses for 2 years is to be disciplined in paying short-term debts and efficiently use debt capacity so that companies can get large profits from their debts so that financial difficulties can be avoided.
财务困境是指在公司宣布破产之前,管理层无法克服导致财务业绩连续下降的财务问题。本研究要做的是,以财务比率为指标,包括盈利能力比率、流动性比率和杠杆比率,来分析公司出现财务困境的可能性。所取样本为2018-2020年期间在印度尼西亚证券交易所上市的一家运输公司。采用目的性抽样作为样本选择方法,获得了13家符合作者所提出标准的公司。数据分析与逻辑回归使用IBM SPSS版本25。因此,ROA所代表的盈利能力对财务困境没有影响,因为当利润下降时,仍然有来自内部和外部的其他资金来支付负债。流动比率所代表的流动性对财务困境没有影响,因为公司有能力用总资产为流动债务提供资金。同时,以DAR为代表的杠杆对财务困境有显著影响。对于连续亏损2年的运输公司,可以采取的解决方案是,严格偿还短期债务,有效利用债务能力,使公司从债务中获得高额利润,从而避免财务困难。
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引用次数: 4
PENGARUH GAYA HIDUP SEHAT DAN CITRA MEREK TERHADAP PREFERENSI KONSUMEN MINUMAN RTD (READY TO DRINK) DI KALANGAN MAHASISWA KAMPUS U NESA KETINTANG (CASE: COCA=COLA ZERO SUGAR & TEH BOTOL SOSRO TAWAR) 健康生活方式和品牌形象对大学生RTD(准备饮料)消费者偏好的影响
Pub Date : 2021-12-31 DOI: 10.26740/jim.v9n4.p1613-1622
Fahreza Megananda, Sanaji Sanaji
This study aims to examine and analyze the influence of a healthy lifestyle and brand image on consumer preferences for ready-to-drink among students at State University of Surabaya on the Ketintang campus. The categories of ready-to-drink that became the object of the research were Coca-Cola Zero Sugar and The Botol Sosro Tawar. This study is using a quantitative approach with a sampling technique using a non-probability sampling method. The population for this research is ready-to-drink (RTD) consumers, which are students from the State University of Surabaya on the Ketintang campus. Number of samples that used by researchers in this study were 116 samples according to the formula of Machin and Champbell (1987). The statistic used is multiple linear regression with the help of IBM SPSS Statistics 25.0. The results show that a healthy lifestyle and.brand image.have a positive and significant effect on consumer preferences.
本研究旨在检验和分析健康的生活方式和品牌形象对泗水州立大学可汀堂校区学生的即饮消费偏好的影响。成为研究对象的即饮饮料类别是可口可乐零糖和Botol Sosro Tawar。本研究采用非概率抽样方法的定量方法和抽样技术。这项研究的对象是即饮型(RTD)消费者,即来自泗水州立大学柯廷堂校区的学生。根据Machin and Champbell(1987)的公式,本研究中研究者使用的样本数量为116个样本。使用的统计数据是在IBM SPSS Statistics 25.0的帮助下进行的多元线性回归。结果表明,健康的生活方式和。品牌形象。对消费者偏好有积极而显著的影响。
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引用次数: 2
Pengaruh Praktik Manajemen Rantai Pasok terhadap Keunggulan Kompetitif dan Kinerja Agroindustri Obat Tradisional dan Rempah Lokal Madura 供应链管理实践对传统药品和当地香料加工业的竞争优势和性能的影响
Pub Date : 2021-12-30 DOI: 10.26740/jim.v9n4.p1529-1536
Elfira Maya Adiba, Lilis Suaibah, Fajar Ramadhan
This study aims to: analyse the effect of supply chain management practices on the competitive advantage of local Madura traditional medicinal and spice products; explore the influence of supply chain management practices on the performance of the local Madura traditional medicine and spice agroindustry; investigate the effect of competitive advantage on the performance of the local Madura traditional medicine and spice agroindustry. The population in this study were entrepreneurs of traditional Madurese medicines and local spices. The sampling technique in this study used purposive sampling with a total sample of 25. The data collection technique used a questionnaire tested for validity and reliability. The data analysis tool used to answer the research hypothesis is SmartPLS. The results of this study indicate that: supply chain management practices have a direct and positive effect on the competitive advantage of traditional Madurese medicinal products and local spices; supply chain management practices have an immediate and positive impact on the performance of the Madura traditional medicine and local spice agroindustry; the competitive advantage of conventional Madurese medicinal products and local spices has a direct and positive effect on the performance of SMEs. Agro-industry SMEs are advised to continue increasing their competitive advantage and supply chain management to continue developing their business.
本研究旨在:分析供应链管理实践对当地马杜拉传统医药香料产品竞争优势的影响;探讨供应链管理实践对当地马杜拉传统医药和香料农用工业绩效的影响;研究竞争优势对马都拉当地传统医药和香料农业产业绩效的影响。这项研究的人群是传统的马杜罗药物和当地香料的企业家。本研究的抽样方法采用有目的抽样,共抽样25例。数据收集技术使用了一份效度和信度测试问卷。用于回答研究假设的数据分析工具是SmartPLS。研究结果表明:供应链管理实践对马杜罗传统医药产品和当地香料的竞争优势有直接的积极影响;供应链管理实践对马杜拉传统医药和当地香料农用工业的业绩产生了直接和积极的影响;传统药材和本土香料的竞争优势对中小企业的绩效有直接的积极影响。建议农加工业中小企业继续加强竞争优势和供应链管理,以继续发展其业务。
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引用次数: 0
PERSEPSI KONSUMEN TERHADAP MAKANAN ORGANIK DAN PEMBENTUKAN STRATEGI BUSINESS CANVAS PADA START UP ORGANIC MARKET DI KOTA SURABAYA
Pub Date : 2021-12-28 DOI: 10.26740/jim.v9n4.p1461-1476
Z. Arifin, Nimas Aryany Pratiwi, Bondan Dewa Brata
This study aims to analyze consumer preferences for organic food in Surabaya and recommend the strategic implications of using the Business Model Canvas to open organic food outlets. The research design was carried out with a quantitative descriptive method approach. The sampling method was carried out by judgmental sampling technique, with the criteria of the respondents were 100 consumers of organic products. In this study, the types of data collected were: primary data in the form of a questionnaire distributed to people who shop at organic food restaurants in Surabaya; secondary data, as the data or information obtained through literature studies, theories, and literature related to organic food, and the variables used are perceptions of lifestyle, perceptions of health, perceptions of environmental impacts and perceptions of the Greens community as independent variables. , and interest in buying organic products in Surabaya as the dependent variable.This research provides strategic implications of managerial strategies in the activity of organic food outlets to increase sales using a marketing strategy consisting of production, price, promotion, distribution and this strategy is useful for linking consumers in terms of quantity, quality, and balance that can provide better profitsKeyword : Organic product; Healthy Food; Greens Community; Business Model Canvas
本研究旨在分析泗水市消费者对有机食品的偏好,并建议使用商业模式画布开设有机食品门店的战略意义。研究设计采用定量描述方法进行。抽样方法采用判断抽样技术,调查对象为100名有机产品消费者。在本研究中,收集的数据类型为:以问卷形式收集的原始数据,分发给在泗水有机食品餐厅购物的人;二手数据,即通过文献研究、理论和与有机食品相关的文献获得的数据或信息,使用的变量是对生活方式的看法、对健康的看法、对环境影响的看法和对绿色社区的看法,这些都是独立变量。,以及在泗水购买有机产品的兴趣作为因变量。本研究提供了有机食品网点活动管理策略的战略含义,以增加销售,使用由生产,价格,促销,分销组成的营销策略,该策略有助于在数量,质量和平衡方面联系消费者,从而提供更好的利润。关键词:有机产品;健康的食物;绿色社区;商业模式画布
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引用次数: 2
LITERASI KEUANGAN, GAYA HIDUP, LOCUS OF CONTROL, DAN PARENTAL INCOME TERHADAP PERILAKU KEUANGAN MAHASISWA 金融素养、生活方式、控制失衡和对学生财务行为的实质影响
Pub Date : 2021-12-28 DOI: 10.26740/jim.v9n4.p1440-1450
Nuraeni Ritakumalasari, Ari Susanti
Financial attitude is an important matter for all young people, especially a student, in order to avoid all strange financial problems. Especially in this pandemic period it must be good at managing its finances appropriately so as not to experience waste. This study aims to explain  financial literacy, lifestyle, locus of control, and parental income on student financial behavior in Central Java. The population in this study are students of Central Java province which numbered 400 respondents with the formula slovin. Purposive sampling technique by determining sample criteria. This research uses quantitative data obtained from questionnaire google form. Data were analyzed through multiple regression analysis with IBM SPSS Statistics 25. The results explain that financial literacy, lifestyle, locus of control, and parental income have a significant influence in student financial behavior in Central Java province. Keywords: Lifestyle, Financial Behavior, Financial Literacy, Locus of Control, Parental Income.
对于所有年轻人,尤其是学生来说,财务态度是一件很重要的事情,以避免所有奇怪的财务问题。特别是在这次大流行期间,它必须善于妥善管理其财政,以免出现浪费。本研究旨在解释金融素养、生活方式、控制点和父母收入对中爪哇学生金融行为的影响。本研究的人口是中爪哇省的学生,有400名受访者,公式为slovin。通过确定抽样标准的有目的抽样技术。本研究采用问卷调查谷歌表格获得的定量数据。数据采用IBM SPSS Statistics 25多元回归分析。结果表明,金融素养、生活方式、控制源和父母收入对中爪哇省学生的金融行为有显著影响。关键词:生活方式,理财行为,理财素养,控制点,父母收入。
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引用次数: 9
期刊
Sinergi Jurnal Ilmiah Ilmu Manajemen
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