Pub Date : 2021-08-28DOI: 10.20473/jmtt.v14i2.26673
Muhammad Madyan, I. Ramadhani, Rayindha Galuh Setyowati
The purpose of this study is to investigate the effect of real estate credit on liquidity risk. This study also looked at the role of government ownership and foreign ownership in moderating the effect of real estate credit on bank liquidity risk. There are 43 banking companies listed on the Indonesia Stock Exchange for the 2014-2018 period used as samples. This study used a multiple linear regression model with the Ordinary Least Square (OLS) estimation method and robustness tests using the Maximum Likelihood (MLE) estimation method. The results of this study concluded that real estate credit has a significant positive effect on liquidity risk. Government ownership strengthens the positive effect of real estate credit on liquidity risk, while foreign ownership weakens the positive effect of real estate credit on liquidity risk.
{"title":"Real Estate Credit and Liquidity Risk with Ownership Structure as Moderating Variables in Banking Companies Listed on The Indonesia Stock Exchange","authors":"Muhammad Madyan, I. Ramadhani, Rayindha Galuh Setyowati","doi":"10.20473/jmtt.v14i2.26673","DOIUrl":"https://doi.org/10.20473/jmtt.v14i2.26673","url":null,"abstract":"The purpose of this study is to investigate the effect of real estate credit on liquidity risk. This study also looked at the role of government ownership and foreign ownership in moderating the effect of real estate credit on bank liquidity risk. There are 43 banking companies listed on the Indonesia Stock Exchange for the 2014-2018 period used as samples. This study used a multiple linear regression model with the Ordinary Least Square (OLS) estimation method and robustness tests using the Maximum Likelihood (MLE) estimation method. The results of this study concluded that real estate credit has a significant positive effect on liquidity risk. Government ownership strengthens the positive effect of real estate credit on liquidity risk, while foreign ownership weakens the positive effect of real estate credit on liquidity risk.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":"25 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88479351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.20473/jmtt.v14i2.26681
Eka Sari Ayuningtyas, I. Harymawan
Companies use disclosure as a strategy to transfer and communicate selected information to stakeholders. This study examines the association between the firm's textual disclosure strategy and cost of debt by looking at the tone and readability of Management Discussion and Analysis (MDandA) reports and using a sample of 1596 Indonesian listed companies from all industries except the financial industry, from 2011 to 2018, and using ordinary least square (OLS) regression to test the research hypotheses. The findings suggest that both negative tone and poor readability level are associated positively with the cost of debt. This paper contributes to knowledge of the important aspects firms need to consider when setting their disclosure strategies, mainly how the tone and readability of firms' annual reports may be interpreted by users/creditors and affect the amount they will charge the firm for debt.
{"title":"Negative Tone and Readability in Management Discussion and Analysis Reports: Impact on The Cost of Debt","authors":"Eka Sari Ayuningtyas, I. Harymawan","doi":"10.20473/jmtt.v14i2.26681","DOIUrl":"https://doi.org/10.20473/jmtt.v14i2.26681","url":null,"abstract":"Companies use disclosure as a strategy to transfer and communicate selected information to stakeholders. This study examines the association between the firm's textual disclosure strategy and cost of debt by looking at the tone and readability of Management Discussion and Analysis (MDandA) reports and using a sample of 1596 Indonesian listed companies from all industries except the financial industry, from 2011 to 2018, and using ordinary least square (OLS) regression to test the research hypotheses. The findings suggest that both negative tone and poor readability level are associated positively with the cost of debt. This paper contributes to knowledge of the important aspects firms need to consider when setting their disclosure strategies, mainly how the tone and readability of firms' annual reports may be interpreted by users/creditors and affect the amount they will charge the firm for debt.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":"37 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74564216","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.20473/jmtt.v14i2.27668
Reka Yusmara Mardiputra, K. Ratnawati, Ananda Sabil H
This study examines and analyzes the relationship between the technological complexity (KT) and compatibility (KOM), to a continuance to use (CTU) of green and smart port concepts using TAM theory extended. Adding technological complexity and compatibility as an external factor into TAM in terms of perceived usefulness (PU) and perceived ease of use (PEOU) that affect continuance to use green and smart concepts. This study uses a survey method. It is distributed to owners/operational/invoicing managers of Terminal Teluk Lamong (TTL) Customers (Shipping Company, Forwarding, Trucking Company) in Surabaya, Indonesia. The sampling technique is using Slovin's formula with 304 respondents. The data analysis technique uses SEM (Structural Equation Modelling) with SMART PLS 3.0. Both KT and KOM have a significant effect on PU and PEOU. Both PU and PEOU have a significant effect on CTU, and PEOU has a significant effect on PU. This research was conducted at TTL, the only terminal in Indonesia that uses the green and smart port concept. There is no comparison with other terminals in Indonesia on the implementation of the green and smart port concept. Especially for shipping companies, respondents cannot reach owner/principal/shareholders due to Indonesian government policy that international Shipping Companies are not allowed to open branches independently. However, they have to cooperate with local companies (agents). Port Industries (TTL) can develop an appropriate marketing strategy based on this research's results. Technological complexity and compatibility have a significant effect on the continuance to use GSP. Management of TTL has to consider technology and operational systems development with a low-level complexity and according to customer's needs. This research contributes to enrichment and extending TAM theory in terms of green and smart port concept sustainability. Not only affected by PU and PEOU but technological complexity (KT) and Compatibility (KOM) factors are important.
{"title":"The Effect of Technological Complexity (KT) and Compatibility (KOM) on The Sustainability of The Green and Smart Port Concept (CTU): TAM Extended Approach Case Study at Teluk Lamong Terminal, A Subsidiary of PT Pelindo III","authors":"Reka Yusmara Mardiputra, K. Ratnawati, Ananda Sabil H","doi":"10.20473/jmtt.v14i2.27668","DOIUrl":"https://doi.org/10.20473/jmtt.v14i2.27668","url":null,"abstract":"This study examines and analyzes the relationship between the technological complexity (KT) and compatibility (KOM), to a continuance to use (CTU) of green and smart port concepts using TAM theory extended. Adding technological complexity and compatibility as an external factor into TAM in terms of perceived usefulness (PU) and perceived ease of use (PEOU) that affect continuance to use green and smart concepts. This study uses a survey method. It is distributed to owners/operational/invoicing managers of Terminal Teluk Lamong (TTL) Customers (Shipping Company, Forwarding, Trucking Company) in Surabaya, Indonesia. The sampling technique is using Slovin's formula with 304 respondents. The data analysis technique uses SEM (Structural Equation Modelling) with SMART PLS 3.0. Both KT and KOM have a significant effect on PU and PEOU. Both PU and PEOU have a significant effect on CTU, and PEOU has a significant effect on PU. This research was conducted at TTL, the only terminal in Indonesia that uses the green and smart port concept. There is no comparison with other terminals in Indonesia on the implementation of the green and smart port concept. Especially for shipping companies, respondents cannot reach owner/principal/shareholders due to Indonesian government policy that international Shipping Companies are not allowed to open branches independently. However, they have to cooperate with local companies (agents). Port Industries (TTL) can develop an appropriate marketing strategy based on this research's results. Technological complexity and compatibility have a significant effect on the continuance to use GSP. Management of TTL has to consider technology and operational systems development with a low-level complexity and according to customer's needs. This research contributes to enrichment and extending TAM theory in terms of green and smart port concept sustainability. Not only affected by PU and PEOU but technological complexity (KT) and Compatibility (KOM) factors are important.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":"245 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74993333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.20473/jmtt.v14i2.27229
Keomorakath Pich, Su Fendy
This study aims to determine employee training and career development and whether the employee is satisfied. The next objective is that the result of this study is to find out the positive relationship impact of training and career development on employee performance with job satisfaction as a moderating variable. This study aims to analyze the data collected from hundreds of respondents working in a company located in Phnom Penh City, Cambodia. The data have been analyzed, applying the statistical techniques SPSS program with correlation, simple regression, and multiple regressions. The research was conducted by a survey sample of the questionnaires according to the theory related to training, career development, employee performance, and job satisfaction online. This paper uses a Quantitative Method to analyze the phenomenon through all level staff working in the company. The research result includes suggestions and recommendations to the phenomenon, which will help management improve employee ability and capacity to work quality and achieve the company goal.
{"title":"The Correlation between Training, Career Development and Employee Performance with Moderating Variable of Job Satisfaction : A Case Study in Cambodia","authors":"Keomorakath Pich, Su Fendy","doi":"10.20473/jmtt.v14i2.27229","DOIUrl":"https://doi.org/10.20473/jmtt.v14i2.27229","url":null,"abstract":"This study aims to determine employee training and career development and whether the employee is satisfied. The next objective is that the result of this study is to find out the positive relationship impact of training and career development on employee performance with job satisfaction as a moderating variable. This study aims to analyze the data collected from hundreds of respondents working in a company located in Phnom Penh City, Cambodia. The data have been analyzed, applying the statistical techniques SPSS program with correlation, simple regression, and multiple regressions. The research was conducted by a survey sample of the questionnaires according to the theory related to training, career development, employee performance, and job satisfaction online. This paper uses a Quantitative Method to analyze the phenomenon through all level staff working in the company. The research result includes suggestions and recommendations to the phenomenon, which will help management improve employee ability and capacity to work quality and achieve the company goal.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82036197","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-08-28DOI: 10.20473/jmtt.v13i2.21211
Fredi Kristiadi, Elisabeth Penti Kurniawati, Ahmad Maulin Naufa
The purpose of this research is to examine the impact of tax aggressiveness on corporate social responsibility (CSR) and its reversal. It also finds out which one of those relationships with more considerable influence. The population of this research is manufacture companies listed on the Indonesian Stock Exchange over the period 2008-2019. This research used a purposive sampling method and found 67 companies. We test the multiple regressions using the generalized method of moments (GMM) to analyze the hypotheses. The results depict that CSR does not affect tax aggressiveness. However, tax aggressiveness has a significant effect to enhance CSR. Therefore, the relationship between CSR and tax aggressiveness is only one direction.
{"title":"Corporate Social Responsibility and Tax Aggressiveness: Evidence from Indonesia","authors":"Fredi Kristiadi, Elisabeth Penti Kurniawati, Ahmad Maulin Naufa","doi":"10.20473/jmtt.v13i2.21211","DOIUrl":"https://doi.org/10.20473/jmtt.v13i2.21211","url":null,"abstract":"The purpose of this research is to examine the impact of tax aggressiveness on corporate social responsibility (CSR) and its reversal. It also finds out which one of those relationships with more considerable influence. The population of this research is manufacture companies listed on the Indonesian Stock Exchange over the period 2008-2019. This research used a purposive sampling method and found 67 companies. We test the multiple regressions using the generalized method of moments (GMM) to analyze the hypotheses. The results depict that CSR does not affect tax aggressiveness. However, tax aggressiveness has a significant effect to enhance CSR. Therefore, the relationship between CSR and tax aggressiveness is only one direction.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49046621","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to analyze the factors that influence the desire for entrepreneurship (entrepreneurial intention) for students who have obtained courses in entrepreneurship or have even chosen specialization courses in entrepreneurship. It is indicated that there are three variables that influence entrepreneurial intention, namely entrepreneur program education, perceived feasibility and perceived desirability. The analysis used in this study is multiple regression. The populations of this study are students in three excellent PTS in the West Jakarta area. The results of this study indicate that of the three independent variables proposed, educational programs and perceived feasibility show a positive but not significant effect on entrepreneurial intention. Meanwhile, there is only one independent variable that influences entrepreneurial intention positively and significantly that is perceived desirability.
{"title":"Determinan Entrepreneurial Intention pada Mahasiswa Perguruan Tinggi Swasta (PTS) di Jakarta Barat","authors":"Tinjung Desy Nursanti, Masruroh Masruroh, Laksmi Sito Dwi Irvianti","doi":"10.20473/JMTT.V12I2.11026","DOIUrl":"https://doi.org/10.20473/JMTT.V12I2.11026","url":null,"abstract":"This study aims to analyze the factors that influence the desire for entrepreneurship (entrepreneurial intention) for students who have obtained courses in entrepreneurship or have even chosen specialization courses in entrepreneurship. It is indicated that there are three variables that influence entrepreneurial intention, namely entrepreneur program education, perceived feasibility and perceived desirability. The analysis used in this study is multiple regression. The populations of this study are students in three excellent PTS in the West Jakarta area. The results of this study indicate that of the three independent variables proposed, educational programs and perceived feasibility show a positive but not significant effect on entrepreneurial intention. Meanwhile, there is only one independent variable that influences entrepreneurial intention positively and significantly that is perceived desirability.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43902585","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-09-23DOI: 10.20473/JMTT.V12I2.14764
Muhammad Madyan, Putri Yanti Lestyarini, Novian Abdi Firdausi
This study analyzes effects of firm specific factors to the profitability of property and real estate sub-sector which listed in BEI in time period of 2010-2015. Firm specific factors are measured with liquidity, financial leverage, firm size, and firm growth as generally used determinants. This reasearch used purposive sampling method at 33 firms which fulfill the research criterions, which are firms listed consistently in BEI’s property and real estate sub-sector, also publishing financial statements routinely during research period. Analysis proceeded by using multiple linear regression with study results show that liquidity and financial leverage have negative effects to profitability, while firm size and firm growth have positive effects to profitability.
{"title":"Firm Specific Factors dan Profitabilitas Sub-Sektor Properti di Indonesia","authors":"Muhammad Madyan, Putri Yanti Lestyarini, Novian Abdi Firdausi","doi":"10.20473/JMTT.V12I2.14764","DOIUrl":"https://doi.org/10.20473/JMTT.V12I2.14764","url":null,"abstract":"This study analyzes effects of firm specific factors to the profitability of property and real estate sub-sector which listed in BEI in time period of 2010-2015. Firm specific factors are measured with liquidity, financial leverage, firm size, and firm growth as generally used determinants. This reasearch used purposive sampling method at 33 firms which fulfill the research criterions, which are firms listed consistently in BEI’s property and real estate sub-sector, also publishing financial statements routinely during research period. Analysis proceeded by using multiple linear regression with study results show that liquidity and financial leverage have negative effects to profitability, while firm size and firm growth have positive effects to profitability.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43101947","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-09-18DOI: 10.20473/JMTT.V12I2.14423
T. Ismail, F. Rohman
The 4A tourism components, including attraction, accessibility, amenities, and ancillary, become prominent variables to be explored for their impact on visitor satisfaction and attitudinal loyalty mainly for relatively new tourism destination. This research conducted at Gili Ketapang Beach located at Probolinggo Regency as this new destination got more attention among tourists in Indonesia. Direct survey and online survey were done to collect the data from the destination spot, which gained 41 useable questionnaires. Due to sample size constraint, this research uses Partial Least Square to analyze the relationship among variables. The finding confirms that only attraction and ancillary that significantly influences visitor satisfaction; while accessibility and amenities do not have a significant role in visitor satisfaction. Next, attitudinal loyalty influenced by attraction, ancillary, and facilities but not availability. Satisfaction indeed affects visitor attitudinal loyalty of Gili Ketapang Beach. Further, the mediation role of satisfaction is well proven to amplify the role of 4A tourism components, except for accessibility.
{"title":"The Role of Attraction, Accessibility, Amenities, and Ancillary on Visitor Satisfaction and Visitor Attitudinal Loyalty of Gili Ketapang Beach","authors":"T. Ismail, F. Rohman","doi":"10.20473/JMTT.V12I2.14423","DOIUrl":"https://doi.org/10.20473/JMTT.V12I2.14423","url":null,"abstract":"The 4A tourism components, including attraction, accessibility, amenities, and ancillary, become prominent variables to be explored for their impact on visitor satisfaction and attitudinal loyalty mainly for relatively new tourism destination. This research conducted at Gili Ketapang Beach located at Probolinggo Regency as this new destination got more attention among tourists in Indonesia. Direct survey and online survey were done to collect the data from the destination spot, which gained 41 useable questionnaires. Due to sample size constraint, this research uses Partial Least Square to analyze the relationship among variables. The finding confirms that only attraction and ancillary that significantly influences visitor satisfaction; while accessibility and amenities do not have a significant role in visitor satisfaction. Next, attitudinal loyalty influenced by attraction, ancillary, and facilities but not availability. Satisfaction indeed affects visitor attitudinal loyalty of Gili Ketapang Beach. Further, the mediation role of satisfaction is well proven to amplify the role of 4A tourism components, except for accessibility.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49423955","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-09-17DOI: 10.20473/JMTT.V12I2.12345
A. C. P. Sakeru, Aji Hermawan, Y. Triyonggo
PT Toyota Motor Manufacturing Indonesia needs to possess quality and competent human resources in order to face the stiff competition with the continuous growth of similar companies. Human resources development in a company must be well performed and well planned, and one way to do so is by performing evaluations about employee engagement, empowerment, and organisational commitment so that employees’ performance can be improved continuously, which in turn will improve the employees’ prosperity and the company’s profit. The purpose of this research is to analyse the impact of employee engagement, empowerment, and organisational commitment on the employees of PT. Toyota Motor Manufacturing, Indonesia’s human resources division. The data analysis method utilised in this research is the Structural Equation Model (SEM) with the Partial Least Squares (PLS) method, which uses the SmartPLS software. The result of this research is that empowerment and organisational commitment have a significant and positive impact on employees’ performance. Furthermore, employee engagement and empowerment also have a significant and positive result on organisational commitment. Employee engagement does not have a significant impact on employee performance, but it has a positive impact on employee performance. It shows that employee engagement does not have a direct impact, but it has an indirect impact on employee performance through organisational commitment.
{"title":"Pengaruh Employee Engagement, Pemberdayaan, dan Komitmen Organisasi Terhadap Kinerja Karyawan PT. Toyota Motormanufacturing Indonesia","authors":"A. C. P. Sakeru, Aji Hermawan, Y. Triyonggo","doi":"10.20473/JMTT.V12I2.12345","DOIUrl":"https://doi.org/10.20473/JMTT.V12I2.12345","url":null,"abstract":"PT Toyota Motor Manufacturing Indonesia needs to possess quality and competent human resources in order to face the stiff competition with the continuous growth of similar companies. Human resources development in a company must be well performed and well planned, and one way to do so is by performing evaluations about employee engagement, empowerment, and organisational commitment so that employees’ performance can be improved continuously, which in turn will improve the employees’ prosperity and the company’s profit. The purpose of this research is to analyse the impact of employee engagement, empowerment, and organisational commitment on the employees of PT. Toyota Motor Manufacturing, Indonesia’s human resources division. The data analysis method utilised in this research is the Structural Equation Model (SEM) with the Partial Least Squares (PLS) method, which uses the SmartPLS software. The result of this research is that empowerment and organisational commitment have a significant and positive impact on employees’ performance. Furthermore, employee engagement and empowerment also have a significant and positive result on organisational commitment. Employee engagement does not have a significant impact on employee performance, but it has a positive impact on employee performance. It shows that employee engagement does not have a direct impact, but it has an indirect impact on employee performance through organisational commitment.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42231257","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-09-02DOI: 10.20473/JMTT.V12I2.13930
Wishnu Okky Pranadi Tirta, Fitri Ismiyanti
Investing in real assets or financial assets is increasingly becoming the choice for the public, forgetting a return or profit. This research aims to examine the effect of Cost of Capital on Stock Returns through Corporate Valuesas mediating variables in Indonesia during 2013 - 2017. The sample in this study was 780 companies. The method used in this study is regression analysis to see the influence between variables and path analysis to see the mediating effects of intervening variables. The results of this study indicate that the value of the Company can mediate the relationship between the cost of capital and stock return in Indonesia.
{"title":"Efek Mediasi Nilai Perusahaan pada Pengaruh Biaya Modal terhadap Return Saham di Indonesia","authors":"Wishnu Okky Pranadi Tirta, Fitri Ismiyanti","doi":"10.20473/JMTT.V12I2.13930","DOIUrl":"https://doi.org/10.20473/JMTT.V12I2.13930","url":null,"abstract":"Investing in real assets or financial assets is increasingly becoming the choice for the public, forgetting a return or profit. This research aims to examine the effect of Cost of Capital on Stock Returns through Corporate Valuesas mediating variables in Indonesia during 2013 - 2017. The sample in this study was 780 companies. The method used in this study is regression analysis to see the influence between variables and path analysis to see the mediating effects of intervening variables. The results of this study indicate that the value of the Company can mediate the relationship between the cost of capital and stock return in Indonesia.","PeriodicalId":34304,"journal":{"name":"Jurnal Manajemen Teori dan Terapan","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45308519","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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