Pub Date : 2021-03-31DOI: 10.19184/bisma.v15i1.21358
Suryaning Bawono, Regina Niken Wilantari
This study aims to find the development of aggregate human resources based on human capital investment in poverty alleviation efforts in Indonesia. The data used is secondary data obtained and processed from the Indonesian Financial Services Authority and the world bank. This study uses a vector error correction model to estimate, simulate, and predict each of the variables studied to provide an overview of the opportunities and threats of technological inclusion and financial inclusion in poverty reduction efforts based on human capital investment in the education-based human capital framework. Inclusion has the potential to be an opportunity to reduce the cost of education so that human capital investment efforts in the framework of education-based human capital work by the poor have a higher chance of success. Financial inclusion support from official P2P lending can also support poor people's capital in investing in human capital, but with low interest and must be close to zero and would be better with zero interest. Keywords: education, financial inclusion, human resources, P2P lending, poverty alleviation
{"title":"INKLUSI KEUANGAN DAN TEKNOLOGI, P2P LENDING, KEMISKINAN DAN PENGEMBANGAN SUMBER DAYA MANUSIA AGREGAT","authors":"Suryaning Bawono, Regina Niken Wilantari","doi":"10.19184/bisma.v15i1.21358","DOIUrl":"https://doi.org/10.19184/bisma.v15i1.21358","url":null,"abstract":"This study aims to find the development of aggregate human resources based on human capital investment in poverty alleviation efforts in Indonesia. The data used is secondary data obtained and processed from the Indonesian Financial Services Authority and the world bank. This study uses a vector error correction model to estimate, simulate, and predict each of the variables studied to provide an overview of the opportunities and threats of technological inclusion and financial inclusion in poverty reduction efforts based on human capital investment in the education-based human capital framework. Inclusion has the potential to be an opportunity to reduce the cost of education so that human capital investment efforts in the framework of education-based human capital work by the poor have a higher chance of success. Financial inclusion support from official P2P lending can also support poor people's capital in investing in human capital, but with low interest and must be close to zero and would be better with zero interest. \u0000Keywords: education, financial inclusion, human resources, P2P lending, poverty alleviation","PeriodicalId":416067,"journal":{"name":"BISMA: Jurnal Bisnis dan Manajemen","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122775277","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 : 2021-03-31DOI: 10.19184/bisma.v15i1.18238
TC.J.Adriandra Edisan, Acep Edison
Penelitian bertujuan untuk mengetahui pengaruh Debt To Equity Ratio (DPR) dan Sales Growth (SG) terhadap Return On Asset (ROA) serta dampaknya pada Dividen Pay Ratio (DPR). Jenis penelitian eksplanatori. Populasi penelitian 131 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Teknik Pengambilan sampel menggunakan puposive sampling dengan kriteria sampel adalah yang membagikan dividen berturut-turut selama observasi dan memiliki return on asset positif. Unit analisis laporan keuangan dan metode analisis menggunakan Structural Equation Modeling (SEM). Hasil menunjukkan DER bepengaruh negatif terhadap ROA, SG berpengaruh positif terhadap ROA dan DER bepengaruh negatif terhadap ROA berdampak negatif DPR serta SG berpengaruh positif terhadap ROA dampak positif pada DPR. This study aims to determine the effect of Debt To Equity Ratio (DPR) and Sales Growth (SG) on Return On Assets (ROA) and their impact on Dividend Pay Ratio (DPR). Type of explanatory research. The research population is 131 manufacturing companies listed on the Indonesia Stock Exchange. Sampling technique using puposive sampling with sample criteria is that distributes successive dividends during observation and has a positive return on assets. The unit of analysis of financial statements and analytical methods uses Structural Equation Modeling (SEM). The results show that DER has a negative effect on ROA, SG has a positive effect on ROA and DER has a negative effect on ROA, which has a negative impact on the DPR and SG has a positive effect on ROA, a positive impact on the DPR.
研究的目的是确定“债务平衡”(众议院)和“销售规模”(SG)对资产回报率及其对众议院红利(众议院)的影响。曝光研究类型。在印尼证券交易所注册的制造公司131项研究人口。抽样技术采用的是在观察过程中连续分配股息,并拥有积极资产回报率。财务报表分析单位和使用结构平衡模型分析方法(SEM)。结果表明,DER对ROA有负面影响,SG对ROA有正面影响,DER对议会有负面影响,SG对众议院有正面影响。这项研究确定了众议院资产回报率和销售规模回报率以及其在众议院红利评分上的影响。explanatory research类型。研究人口是131年印尼股票交易所的manufacturing companies listed on The Indonesia Stock Exchange。产品样本技术。金融分析和分析方法小组结构平衡模型(SEM)。结果显示,DER在ROA上有负面影响,SG在ROA上有负面影响,而SG在ROA上有负面影响,在ROA上有积极影响,在议会上有积极影响,在议会上有积极影响。
{"title":"PENGARUH DEBT TO EQUITY RATIO, SALES GROWTH TERHADAP DEBT RETURN ON ASSET DAMPAKNYA PADA DIVIDEN PAY OUT RATIO","authors":"TC.J.Adriandra Edisan, Acep Edison","doi":"10.19184/bisma.v15i1.18238","DOIUrl":"https://doi.org/10.19184/bisma.v15i1.18238","url":null,"abstract":"Penelitian bertujuan untuk mengetahui pengaruh Debt To Equity Ratio (DPR) dan Sales Growth (SG) terhadap Return On Asset (ROA) serta dampaknya pada Dividen Pay Ratio (DPR). Jenis penelitian eksplanatori. Populasi penelitian 131 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Teknik Pengambilan sampel menggunakan puposive sampling dengan kriteria sampel adalah yang membagikan dividen berturut-turut selama observasi dan memiliki return on asset positif. Unit analisis laporan keuangan dan metode analisis menggunakan Structural Equation Modeling (SEM). Hasil menunjukkan DER bepengaruh negatif terhadap ROA, SG berpengaruh positif terhadap ROA dan DER bepengaruh negatif terhadap ROA berdampak negatif DPR serta SG berpengaruh positif terhadap ROA dampak positif pada DPR. \u0000 \u0000This study aims to determine the effect of Debt To Equity Ratio (DPR) and Sales Growth (SG) on Return On Assets (ROA) and their impact on Dividend Pay Ratio (DPR). Type of explanatory research. The research population is 131 manufacturing companies listed on the Indonesia Stock Exchange. Sampling technique using puposive sampling with sample criteria is that distributes successive dividends during observation and has a positive return on assets. The unit of analysis of financial statements and analytical methods uses Structural Equation Modeling (SEM). The results show that DER has a negative effect on ROA, SG has a positive effect on ROA and DER has a negative effect on ROA, which has a negative impact on the DPR and SG has a positive effect on ROA, a positive impact on the DPR.","PeriodicalId":416067,"journal":{"name":"BISMA: Jurnal Bisnis dan Manajemen","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122928216","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 determine the optimal amount of raw materials inventory needs and the reorder point of raw materials in UD Purnama Jati Jember. UD Purnama Jati Jember is a company engaged in the production of Jember Regency speciality food and souvenirs. Due to not having a standard method, there are problems of raw material inventory in the production process, including overproduction and excess or shortage of raw materials. Data were obtained by interviewing the company owner and observing the company's production process. Data analysis were performed using least square forecasting, JEOQ, safety stock, and reorder points method. The results of the study showed that the optimal raw material needs are 4,644.772 kg of tape, 2,491.411 kg of wheat flour, 3,967.927 kg of egg, 1,439.623 kg of butter, and 3,519.371 kg of sugar. The total inventory cost of raw material is Rp. 281,296,067 indicated a more efficient inventory cost than the previous method. Meanwhile, the amount of raw materials inventory for the reordering point is 417.39 kg of tape, 231.29 kg of wheat flour, 358.88 kg of eggs, 131.78 kg of butter, and 318.99 kg of sugar. Keywords : JEOQ, raw materials control, reorder point, total inventory costs
{"title":"OPTIMALISASI PENGENDALIAN PERSEDIAAN BAHAN BAKU DENGAN METODE JOINT ECONOMIC ORDER QUANTITY (JEOQ) PADA UD PURNAMA JATI JEMBER","authors":"Eka Bambang Gusminto, Didik Pudjo Musmedi, Ariwinata Kriswardhana","doi":"10.19184/bisma.v15i1.18576","DOIUrl":"https://doi.org/10.19184/bisma.v15i1.18576","url":null,"abstract":"This study aims to determine the optimal amount of raw materials inventory needs and the reorder point of raw materials in UD Purnama Jati Jember. UD Purnama Jati Jember is a company engaged in the production of Jember Regency speciality food and souvenirs. Due to not having a standard method, there are problems of raw material inventory in the production process, including overproduction and excess or shortage of raw materials. Data were obtained by interviewing the company owner and observing the company's production process. Data analysis were performed using least square forecasting, JEOQ, safety stock, and reorder points method. The results of the study showed that the optimal raw material needs are 4,644.772 kg of tape, 2,491.411 kg of wheat flour, 3,967.927 kg of egg, 1,439.623 kg of butter, and 3,519.371 kg of sugar. The total inventory cost of raw material is Rp. 281,296,067 indicated a more efficient inventory cost than the previous method. Meanwhile, the amount of raw materials inventory for the reordering point is 417.39 kg of tape, 231.29 kg of wheat flour, 358.88 kg of eggs, 131.78 kg of butter, and 318.99 kg of sugar. \u0000Keywords : JEOQ, raw materials control, reorder point, total inventory costs","PeriodicalId":416067,"journal":{"name":"BISMA: Jurnal Bisnis dan Manajemen","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115174270","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 : 2021-03-31DOI: 10.19184/bisma.v15i1.21383
A. Prasetyo
The financial development gap for ASEAN countries is critical to analyze since the widening financial development gap will lead to underdeveloped financial sector performance. The concept considered appropriate to measure the gap of financial development is the sigma, and beta convergence approaches. Therefore, this study aims to measure, test, and analyze the convergence of sigma and beta financial development in ASEAN. The method used was the Generalized Moment Method (GMM) dynamic panel with 2010-2017. Results of the study showed that there is a convergence of sigma and beta financial development in ASEAN countries. The limitation of this study is that it only uses two indicators of financial development. The governments of each ASEAN country can improve the financial sector by reforming the financial sector to mitigate, improve, and encourage the development of the financial sector. Keywords: ASEAN, convergence, financial development, GMM
{"title":"CONVERGENCE OF FINANCIAL DEVELOPMENT IN ASEAN BASED ON PRIVATE CREDIT AND LIQUID LIABILITIES INDICATORS","authors":"A. Prasetyo","doi":"10.19184/bisma.v15i1.21383","DOIUrl":"https://doi.org/10.19184/bisma.v15i1.21383","url":null,"abstract":"The financial development gap for ASEAN countries is critical to analyze since the widening financial development gap will lead to underdeveloped financial sector performance. The concept considered appropriate to measure the gap of financial development is the sigma, and beta convergence approaches. Therefore, this study aims to measure, test, and analyze the convergence of sigma and beta financial development in ASEAN. The method used was the Generalized Moment Method (GMM) dynamic panel with 2010-2017. Results of the study showed that there is a convergence of sigma and beta financial development in ASEAN countries. The limitation of this study is that it only uses two indicators of financial development. The governments of each ASEAN country can improve the financial sector by reforming the financial sector to mitigate, improve, and encourage the development of the financial sector. \u0000Keywords: ASEAN, convergence, financial development, GMM","PeriodicalId":416067,"journal":{"name":"BISMA: Jurnal Bisnis dan Manajemen","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134138508","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 : 2021-03-31DOI: 10.19184/bisma.v15i1.17764
Nunung Eka Aprilia
This study examines and analyses the effect of service quality on customer loyalty mediated by perceived risk, satisfaction, and trust variables in branchless banking customers. Today's lifestyle changes are strongly influenced by fintech, which is rapidly developing. There is a need for urban and remote communities to adapt with these changes. However, there are still many uneducated people, especially in remote areas. The method used in this quantitative research was conducted by distributing questionnaires and interviewing of 100 samples of branchless banking customers to explore all information about customers. Data processing was performed by using SEM PLS software. The results showed that service quality has a negative and significant effect on perceived risk; service quality has a positive and significant effect on satisfaction; service quality has a positive and significant effect on trust; perceived risk has a positive and significant effect on customer loyalty; satisfaction negatively and insignificantly affects customer loyalty; and trust has a positive and significant effect on customer loyalty. However, the effect of service quality on customer loyalty through perceived risk is negative and insignificant. Service quality on customer loyalty through satisfaction has a negative and insignificant effect. Meanwhile, the influence of service quality on customer loyalty through trust as a mediator variable is positive and significant. Keywords: Service quality, perceived risk, satisfaction, trust, customer loyalty, branchless banking.
{"title":"INFLUENCE OF SERVICE QUALITY ON CUSTOMER LOYALTY THROUGH PERCEIVED RISK, SATISFACTION, AND TRUST IN BRANCHLESS BANKING CUSTOMERS","authors":"Nunung Eka Aprilia","doi":"10.19184/bisma.v15i1.17764","DOIUrl":"https://doi.org/10.19184/bisma.v15i1.17764","url":null,"abstract":"This study examines and analyses the effect of service quality on customer loyalty mediated by perceived risk, satisfaction, and trust variables in branchless banking customers. Today's lifestyle changes are strongly influenced by fintech, which is rapidly developing. There is a need for urban and remote communities to adapt with these changes. However, there are still many uneducated people, especially in remote areas. The method used in this quantitative research was conducted by distributing questionnaires and interviewing of 100 samples of branchless banking customers to explore all information about customers. Data processing was performed by using SEM PLS software. The results showed that service quality has a negative and significant effect on perceived risk; service quality has a positive and significant effect on satisfaction; service quality has a positive and significant effect on trust; perceived risk has a positive and significant effect on customer loyalty; satisfaction negatively and insignificantly affects customer loyalty; and trust has a positive and significant effect on customer loyalty. However, the effect of service quality on customer loyalty through perceived risk is negative and insignificant. Service quality on customer loyalty through satisfaction has a negative and insignificant effect. Meanwhile, the influence of service quality on customer loyalty through trust as a mediator variable is positive and significant. \u0000Keywords: Service quality, perceived risk, satisfaction, trust, customer loyalty, branchless banking.","PeriodicalId":416067,"journal":{"name":"BISMA: Jurnal Bisnis dan Manajemen","volume":"313 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133749005","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 : 2021-03-31DOI: 10.19184/bisma.v15i1.21322
Wulan Maulidiss Sa’diah, Mohamad Nur Utomo
This study aims to determine the effect of managerial ownership, independent board of commissioners, board of directors, and audit committee on financial distress in banking companies listed on the Indonesia Stock Exchange from 2015 to 2019. This research used the purposive sampling method with a sample of 41 companies consisting of 205 observational data. Data were analyzed using logistic regression. The results showed that independent board of commissioners and board of directors had a significant and negative effect on financial distress. However, managerial ownership and audit committee did not have a significant effect on financial distress. This study supports the agency theory, which states that the monitoring role of the independent board of commissioners and the board of directors can minimize the occurrence of agency conflicts in a company. Keywords: audit committee, board of directors, financial distress, independent board of commissioners, managerial ownership
{"title":"PERAN GOOD CORPORATE GOVERNANCE DALAM MEMINIMALISIR TERJADINYA FINANCIAL DISTRESS","authors":"Wulan Maulidiss Sa’diah, Mohamad Nur Utomo","doi":"10.19184/bisma.v15i1.21322","DOIUrl":"https://doi.org/10.19184/bisma.v15i1.21322","url":null,"abstract":"This study aims to determine the effect of managerial ownership, independent board of commissioners, board of directors, and audit committee on financial distress in banking companies listed on the Indonesia Stock Exchange from 2015 to 2019. This research used the purposive sampling method with a sample of 41 companies consisting of 205 observational data. Data were analyzed using logistic regression. The results showed that independent board of commissioners and board of directors had a significant and negative effect on financial distress. However, managerial ownership and audit committee did not have a significant effect on financial distress. This study supports the agency theory, which states that the monitoring role of the independent board of commissioners and the board of directors can minimize the occurrence of agency conflicts in a company. \u0000Keywords: audit committee, board of directors, financial distress, independent board of commissioners, managerial ownership","PeriodicalId":416067,"journal":{"name":"BISMA: Jurnal Bisnis dan Manajemen","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127464144","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}