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FACTORS AFFECTING THE STOCK PRICES OF MANUFACTURING COMPANIES LISTED ON THE IDX BEFORE AND DURING THE COVID-19 PANDEMIC COVID-19大流行之前和期间影响idx上市制造业公司股价的因素
Pub Date : 2023-08-06 DOI: 10.24912/ijaeb.v1i2.828-844
Audrey Audrey, Y. Yanti
The purpose of this study is to examine the factors that affect stock prices as well as to examine the differences in stock prices before and during the COVID-19 period. The research methods used are multiple linear regression analysis and different tests through the IBM SPSS 26 program. The sampling technique used is purposive sampling which resulted in 82 manufacturing companies listed on the IDX. The results of the regression test before COVID-19 period shows that EPS, PER, and WCTO have an effect on stock prices, while DER and IVTO have no effect on stock prices. The results of the regression test during the COVID-19 period showed that EPS has an effect on stock prices, while PER, DER, WCTO, and IVTO had no effect on stock prices. The result of the different test shows that there is no difference in the average stock prices before and during the COVID-19 period.
本研究的目的是检验影响股票价格的因素,以及检验COVID-19时期之前和期间股票价格的差异。使用的研究方法是多元线性回归分析和不同的测试通过IBM SPSS 26程序。使用的抽样技术是有目的抽样,结果有82家制造公司在IDX上市。COVID-19前的回归检验结果显示,EPS、PER和WCTO对股价有影响,而DER和IVTO对股价没有影响。COVID-19期间的回归检验结果显示,EPS对股价有影响,而PER、DER、WCTO和IVTO对股价没有影响。不同测试的结果显示,新冠肺炎疫情前和疫情期间的平均股价没有差异。
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引用次数: 0
THE IMPLEMENTATION OF STRATEGIC MANAGEMENT TO IMPROVE FAMILY BUSINESS PERFORMANCE 实施战略管理,提高家族企业绩效
Pub Date : 2023-08-06 DOI: 10.24912/v1i2.705-714
Dedy Rochimat, Agus Irawan, Eko Suhartanto, A. Lim
Family business is an important component in driving the national economy. Good and professional family business management has a positive impact on the company's performance which ultimately improves the welfare of the wider community. Family business requires professional involvement in its implementation. This is because not all fields can be done by family members alone, so appropriate professional assistance is required. This article discusses how to implement strategic management in managing a family business by involving professionals. The method of discussion in this paper is a descriptive analysis method accompanied by a case study of a family company that has become a successful company. Based on the results of the analysis, it can be concluded that the success of the family business is higher with the involvement professional assistance. The company's basic values ​​must be the basis for the management and needs to be implemented in various company policies in a professional manner. The results of the discussion in this article will be used as a reference in further research.
家族企业是拉动国民经济的重要组成部分。良好和专业的家族企业管理对公司的业绩有积极的影响,最终提高了更广泛的社会福利。家族企业的实施需要专业人员的参与。这是因为不是所有的领域都可以由家庭成员独自完成,所以需要适当的专业协助。本文探讨了如何在家族企业管理中运用专业人才实施战略管理。本文的讨论方法是描述性分析方法,并结合一个成功的家族企业的案例研究。根据分析的结果,可以得出结论,家族企业的成功是更高的参与专业协助。公司的基本价值观必须是管理的基础,需要以专业的方式落实到公司的各项政策中。本文的研究结果将为进一步的研究提供参考。
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引用次数: 0
PROBING DETERMINANTS OF UNIVERSITY ACADEMICIANS’ KNOWLEDGE SHARING INTENTION 高校院士知识共享意愿的影响因素探讨
Pub Date : 2023-08-06 DOI: 10.24912/ijaeb.v1i2.532-542
T. L. Chin, Tan Fee Yean, Hon-Wei Leow
The determinants of information sharing intention are identified in this paper (i.e., managerial support, interpersonal trust, and reciprocity). Data were collected from questionnaires from academicians in the Malaysian private universities. Multiple regression analysis was performed to test the analysis. Management support, interpersonal trust and reciprocity positively influence knowledge sharing intention. The results revealed management support, interpersonal trust and reciprocity play significant roles in determining academicians’ knowledge sharing intentions. Based on the insights of social exchange theory, this study discovered that strong effects of managerial support, interpersonal trust, and reciprocity on information sharing intention. Hence, social exchange theory is extended to the knowledge sharing intention among academicians’ universities. For the university to encourage knowledge sharing intention, they may improve their current management style and maintain a work environment that encourages employees to trust each other.
本文确定了信息共享意愿的决定因素(即管理层支持、人际信任和互惠)。数据收集自马来西亚私立大学院士的问卷调查。采用多元回归分析对分析结果进行检验。管理层支持、人际信任和互惠正向影响知识共享意愿。结果显示,管理层支持、人际信任和互惠对院士的知识共享意愿有显著影响。基于社会交换理论的洞见,本研究发现管理者支持、人际信任和互惠对信息共享意愿有较强的影响。因此,社会交换理论被扩展到院士大学之间的知识共享意愿。对于大学来说,为了鼓励知识共享的意愿,他们可以改善他们目前的管理方式,保持一个鼓励员工相互信任的工作环境。
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引用次数: 0
THE IMPACT OF CAR, CREDIT RISK, ROA, LDR, AND OWNERSHIP STRUCTURE TOWARDS FINANCIAL DISTRESS 汽车、信用风险、roa、ldr和所有权结构对财务困境的影响
Pub Date : 2023-08-06 DOI: 10.24912/ijaeb.v1i2.521-531
Jennifer Margaretha, Henryanto Wijaya
This study aims to determine the effect of Capital Adequacy Ratio (CAR), Credit Risk, Return on Assets (ROA), Loan-to-Deposit Ratio (LDR), Institutional Ownership and Managerial Ownership on Financial Distress in the conventional commercial banking sector listed on the Indonesia Stock Exchange (IDX) during the 2018-2020. This study used 15 conventional commercial banks as samples, which were then analyzed with multiple linear regression analysis techniques and panel data models. The results of this study show that CAR, ROA, and LDR have a positive and significant effect on Financial Distress; Credit Risk and Institutional Ownership have a negative and insignificant effect on Financial Distress; and Managerial Ownership has a positive and insignificant effect on Financial Distress. Other results, namely CAR, Credit Risk, ROA, LDR, Institutional Ownership, and Managerial Ownership simultaneously have a significant influence on Financial Distress.
本研究旨在确定资本充足率(CAR)、信用风险、资产回报率(ROA)、存贷比(LDR)、机构所有权和管理层所有权对2018-2020年在印度尼西亚证券交易所(IDX)上市的传统商业银行部门财务困境的影响。本研究以15家传统商业银行为样本,运用多元线性回归分析技术和面板数据模型进行分析。研究结果表明,CAR、ROA和LDR对财务困境有显著正向影响;信用风险和机构所有权对财务困境的影响为负且不显著;管理层持股对财务困境的影响为正但不显著。其他结果,即CAR、信用风险、ROA、LDR、机构所有权和管理层所有权同时对财务困境有显著影响。
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引用次数: 0
FACTORS AFFECTING FINANCIAL DISTRESS IN MANUFACTURING COMPANIES LISTED ON THE IDX 影响在idx上市的制造业公司财务困境的因素
Pub Date : 2023-08-06 DOI: 10.24912/ijaeb.v1i2.814-827
A. Salim, Y. Yanti
In this study, the causes of financial distress in manufacturing firms listed on the Indonesia Stock Exchange from 2018 to 2020 were investigated. These factors include profitability (as measured by return on assets [ROA]), liquidity (as measured by current ratio [CR]), sales growth (as measured by sales growth rate), leverage (as measured by debt to assets [DAR]), firm size (as measured by the logarithm of total assets), and operating capacity (as measured by total assets turnover [TATO]). Based on the purposive sampling strategy, 99 data from 33 organizations were chosen as research samples. The EViews 12 was used to test the data processing in this investigation. This study's analysis employed a multiple regression analysis approach. The findings of this study indicate that financial distress is significantly and negatively influenced by firm size. Profitability, liquidity, and operating capacity, on the other hand, have a positive and significant impact on financial distress. Leverage and sales growth have no impact on financial distress.
在本研究中,研究了2018年至2020年在印度尼西亚证券交易所上市的制造业公司财务困境的原因。这些因素包括盈利能力(以资产收益率[ROA]衡量)、流动性(以流动比率[CR]衡量)、销售增长(以销售增长率衡量)、杠杆(以资产负债率[DAR]衡量)、公司规模(以总资产的对数衡量)和运营能力(以总资产周转率[TATO]衡量)。采用有目的的抽样策略,选取33个组织的99个数据作为研究样本。在本次调查中,使用EViews 12来测试数据处理。本研究的分析采用多元回归分析方法。本研究发现,企业规模对财务困境有显著的负向影响。另一方面,盈利能力、流动性和经营能力对财务困境有显著的正向影响。杠杆和销售增长对财务困境没有影响。
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引用次数: 0
THE IMPACT OF FIRM GROWTH, PROFITABILITY, AND FIRM AGE ON DEBT POLICY USING FIRM SIZE AS MODERATOR VARIABLE 以企业规模为调节变量研究企业成长、盈利能力和企业年龄对债务政策的影响
Pub Date : 2023-08-06 DOI: 10.24912/v1i2.772-780
Noviana Margaretha, Viriany Viriany
The focus of this study is to determine the impact of firm growth, profitability, and firm age on debt policy of manufacturing companies listed on the Indonesia Stock Exchange during the period 2018-2020, using firm size as moderator variable. Purposive sampling method was used for samples selection, and there were 39 firms that met the requirements. Research data are processed using EViews 9 application, with the help of Microsoft Excel 2010 using Moderated regression analysis techniques. The study showed that firm growth, and firm age has a positive impact on debt policy. While, profitability has a negative impact on debt policy. The impact of firm growth, profitability, and firm age on debt policy cannot be moderated by the firm size.
本研究的重点是确定企业成长、盈利能力和企业年龄对2018-2020年期间在印度尼西亚证券交易所上市的制造业公司债务政策的影响,使用企业规模作为调节变量。采用目的抽样法进行样本选择,符合要求的企业有39家。研究数据使用EViews 9应用程序处理,在Microsoft Excel 2010的帮助下使用适度回归分析技术。研究表明,企业成长、企业年龄对债务政策有正向影响。而盈利能力对债务政策有负面影响。企业成长、盈利能力和企业年龄对债务政策的影响不能被企业规模所缓和。
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引用次数: 0
DETERMINANTS OF CSR DISCLOSURE MODERATED BY THE ROLE OF GOOD CORPORATE GOVERNANCE 企业社会责任披露的决定因素受良好公司治理作用的调节
Pub Date : 2023-08-06 DOI: 10.24912/v1i2.681-694
Herlin Tundjung Setijaningsih, Inneke Kurniawan
This study aims to analyze the effect of sales growth, profitability, and tax avoidance on CSR disclosure.  This study also aims to analyze whether the role of gender diversity which is part of GCG strengthen the influence of each independent variable on CSR disclosure. This study used 72 observation obtained from 18 mining companies listed on Indonesian Stock Echange  for period 2016-2019. The analytical techniques used are the multiple regression analysis and moderated regression analysis (MRA) on EViews 12.  Research results show that sales growth has a positive effect on CSR disclosure, while profitability and tax avoidance have no effect on CSR disclosure. In addition, gender diversity is not able to strengthen the effect of sales growth, profitability, and tax avoidance on CSR disclosure.
本研究旨在分析销售增长、盈利能力和避税对企业社会责任披露的影响。本研究还旨在分析性别多样性作为GCG的一部分,其作用是否增强了各自变量对企业社会责任披露的影响。本研究使用了2016-2019年期间从印尼证券交易所上市的18家矿业公司获得的72项观察结果。使用的分析技术是EViews 12上的多元回归分析和调节回归分析(MRA)。研究结果表明,销售增长对企业社会责任披露有正向影响,而盈利能力和避税对企业社会责任披露没有影响。此外,性别多样性并不能强化销售增长、盈利能力和避税对企业社会责任披露的影响。
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引用次数: 0
HEALTHY ME: INNOVATIVE SOLUTIONS THROUGH HEALTHY FAST-FOOD INNOVATION 健康的我:通过健康快餐的创新来创新解决方案
Pub Date : 2023-08-06 DOI: 10.24912/ijaeb.v1i2.566-575
Y. Yenita, Septihani Michella Wijaya
Everyone wants to live healthy. In addition to a regular lifestyle, diligent exercise, of course food is also a determining factor for one's health. In the current pandemic, public awareness to eat healthy food is increasing. Eating healthy foods every day is highly recommended to meet nutritional needs and maintain immunity. Modern lifestyle makes Indonesian people prefer fast food because it is considered more practical when cooked and consumed. However, fast food is not good for health if consumed too often because it contains saturated fat and food ingredients that are harmful to the body, such as chewing agents, preservatives, and dyes. Fast food can be prepared quickly, and dishes are ready to eat as soon as they are served. Processing and preparation of these foodstuffs is easier. Many types of food that can be an option for those who are busy. There is a stigma in Indonesian society that considers fast food to be junk food, even though not all fast food is unhealthy. HEALTHY ME is here to overcome this problem by providing fast food that prioritizes consumer health, by offering a variety of healthy fast food menu options, HEALTHY ME does not use food ingredients that contain animal protein, so it is safe for consumption by most people, and most importantly HEALTHY ME uses quality ingredients and no preservatives.
每个人都想健康地生活。除了有规律的生活方式,勤奋的锻炼,当然饮食也是一个人健康的决定性因素。在当前的大流行中,公众对健康饮食的认识正在提高。强烈建议每天吃健康食品,以满足营养需求并保持免疫力。现代的生活方式使印尼人更喜欢快餐,因为他们认为快餐在烹饪和食用时更实用。然而,经常吃快餐对健康不利,因为快餐中含有饱和脂肪和对身体有害的食物成分,如咀嚼剂、防腐剂和染料。快餐可以准备得很快,菜一上桌就可以吃了。这些食品的加工和制备比较容易。对于那些忙碌的人来说,有很多种类的食物可以选择。印尼社会认为快餐是垃圾食品是一种耻辱,尽管并非所有的快餐都是不健康的。HEALTHY ME在这里通过提供优先考虑消费者健康的快餐来克服这个问题,通过提供各种健康的快餐菜单选择,HEALTHY ME不使用含有动物蛋白的食品成分,因此对大多数人来说是安全的,最重要的是,HEALTHY ME使用优质成分,不含防腐剂。
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引用次数: 0
THE IMPACT OF LIQUIDITY, PROFITABILITY, AND ACTIVITY ON SHARES RETURN WITH DIVIDEND POLICY AS CONTROLLING VARIABLE 以股利政策为控制变量的流动性、盈利能力和活动对股票回报的影响
Pub Date : 2023-08-06 DOI: 10.24912/v1i2.465-472
Rini Tri Hastuti, Richard L. Andrew, M. P.
This study was conducted to examine the impact of liquidity, profitability and activity variables on shares returns which can be controlled by dividend policy. This study uses secondary data with a population of financial report data published on capital market. The sample taken is only the issuers of manufacturing companies. The data obtained were 52 issuers using purposive sampling method. Statistic application programs are programs used in processing and analyzing data. The final conclusion of this study shows that the liquidity and activity variables have an impact on shares returns, while the profitability variable has no impact on shares returns. The test by including the controlling variable Dividend policy concluded that the controlling variable was not able to moderate the relationship between liquidity, profitability, and activity on shares returns.
本研究旨在检验流动性、盈利能力和活动变量对股票回报的影响,这些变量可以由股息政策控制。本研究使用二手数据和资本市场上公布的大量财务报告数据。所采取的样本仅为制造业公司的发行人。采用目的抽样的方法,获得了52家发行人的数据。统计应用程序是用来处理和分析数据的程序。本研究的最终结论表明,流动性和活动性变量对股票收益有影响,而盈利能力变量对股票收益没有影响。通过包含控制变量股息政策的检验得出结论,控制变量不能调节流动性,盈利能力和股票回报活动之间的关系。
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引用次数: 0
BUILDING THE REPUTATION OF PRIVATE UNIVERSITIES BASED ON LECTURER AND STUDENT RESEARCH PERFORMANCE 根据讲师和学生的研究表现建立私立大学的声誉
Pub Date : 2023-08-06 DOI: 10.24912/ijaeb.v1i2.695-704
P. T. Anggarina, Agus Irawan, F. I. Dewi, Mario Devotyasto
A good reputation is one of the important things in building the trust of all stakeholders in private universities. High level of trust from the community will have a positive impact on the operations of universities, especially for sustainability in the present and in the future. One of the important factors that need to be considered in building a reputation is the publication of research performance of lecturers and students through trusted media. This paper discusses how the reputation of universities is built through published works, both by lecturers and students individually and in the publication team. The method of discussion uses descriptive analysis accompanied by several case studies of the reputation building process. Based on this discussion, information and various steps needed to build a sustainable reputation through the performance of publications that are beneficial to the wider community can be concluded. Sustainable publications with high quality have a positive impact on the reputation of accreditation performance and university rankings which are one of the main factors to gain public trust.
良好的声誉是建立私立大学所有利益相关者信任的重要因素之一。来自社会的高度信任将对大学的运作产生积极影响,特别是对于现在和未来的可持续性。建立声誉需要考虑的重要因素之一是讲师和学生的研究成果通过可信的媒体发表。本文讨论了如何通过出版作品来建立大学的声誉,既包括教师和学生个人,也包括出版团队。讨论的方法是使用描述性分析,并结合几个声誉建立过程的案例研究。根据这一讨论,可以总结出通过出版对更广泛的社区有益的出版物来建立可持续声誉所需的资料和各种步骤。高质量的可持续出版物对认证表现和大学排名的声誉有积极影响,这是获得公众信任的主要因素之一。
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引用次数: 0
期刊
International Journal of Application on Economics and Business
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