This research was conducted at Binjai Kota Community Health Center. The purpose of this study is to see how employee performance encourages the company to achieve its targets, and to see what influences the level of employee performance. Data collection methods were carried out through a questionnaire using a Likert scale. The sample taken was 68 people. Data were processed using SmartPLS 3.0, analyzed with multiple regressions. The results of this study state that Leadership Style has a positive and significant effect on Job Satisfaction at Binjai Kota Community Health Center with significance of 0,000 (<0,5) with a T-statistic of 3,560 (>1,96). The Original Sample Value is positive, namely 0,329. Work Motivation has a positive and significant effect on Job Satisfaction at Binjai Kota Community Health Center with significance of 0,000 (<0,5) with a T-statistic of 4,336 (>1,96). The Original Sample Value is positive, namely 0,369. Organizational Culture has a positive and significant effect on Job Satisfaction at Binjai Kota Community Health Center with significance of 0,002 (<0,5) with a T-statistic of 3,125 (>1,96). The Original Sample Value is positive, namely 0,326. Leadership Style has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,018 (<0,5) with a T-statistic of 2,383 (>1,96). The Original Sample Value is positive, namely 0,232. Work Motivation has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,035 (<0,5) with a T-statistic of 2,112 (>1,96). The Original Sample Value is positive, namely 0,212. Organizational Culture has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,024 (<0,5) with a T-statistic of 2,261 (>1,96). The Original Sample Value is positive, namely 0,216. Job Satisfaction has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,002 (<0,5) with a T-statistic of 3,078 (>1,96). The Original Sample Value is positive, namely 0,355. Job Satisfaction can mediate the influence of Leadership Style on Performance at Binjai Kota Community Health Center with significance of 0,013 (<0,5) with a T-statistic of 2,489 (>1,96). The Original Sample Value is positive, namely 0,117. Job Satisfaction can mediate the influence of Work Motivation on Performance at Binjai Kota Community Health Center with significance of 0,015 (<0,5) with a T-statistic of 2,439 (>1,96). The Original Sample Value is positive, namely 0,131. Job Satisfaction can mediate the influence of Organizational Culture on Performance at Binjai Kota Community Health Center with significance of 0,037 (<0,5) with a T-statistic of 2,088 (>1,96). The Original Sample Value is positive, namely 0,116. It is known that the R Square value for each construct is Job Satisfaction at 0,772 with an Adjusted R Square of 0,761, which means 76,1%. Thus, L
{"title":"The Effect of Leadership Style, Work Motivation, and Organizational Culture on Performance with Job Satisfaction as an Intervening Variable at Puskesmas Binjai City","authors":"Fhenny Adriana, Sofyan Matondang, Hendry Hendry","doi":"10.55683/jrbee.v5i4.454","DOIUrl":"https://doi.org/10.55683/jrbee.v5i4.454","url":null,"abstract":"This research was conducted at Binjai Kota Community Health Center. The purpose of this study is to see how employee performance encourages the company to achieve its targets, and to see what influences the level of employee performance. Data collection methods were carried out through a questionnaire using a Likert scale. The sample taken was 68 people. Data were processed using SmartPLS 3.0, analyzed with multiple regressions. The results of this study state that Leadership Style has a positive and significant effect on Job Satisfaction at Binjai Kota Community Health Center with significance of 0,000 (<0,5) with a T-statistic of 3,560 (>1,96). The Original Sample Value is positive, namely 0,329. Work Motivation has a positive and significant effect on Job Satisfaction at Binjai Kota Community Health Center with significance of 0,000 (<0,5) with a T-statistic of 4,336 (>1,96). The Original Sample Value is positive, namely 0,369. Organizational Culture has a positive and significant effect on Job Satisfaction at Binjai Kota Community Health Center with significance of 0,002 (<0,5) with a T-statistic of 3,125 (>1,96). The Original Sample Value is positive, namely 0,326. Leadership Style has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,018 (<0,5) with a T-statistic of 2,383 (>1,96). The Original Sample Value is positive, namely 0,232. Work Motivation has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,035 (<0,5) with a T-statistic of 2,112 (>1,96). The Original Sample Value is positive, namely 0,212. Organizational Culture has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,024 (<0,5) with a T-statistic of 2,261 (>1,96). The Original Sample Value is positive, namely 0,216. Job Satisfaction has a positive and significant effect on Performance at Binjai Kota Community Health Center with significance of 0,002 (<0,5) with a T-statistic of 3,078 (>1,96). The Original Sample Value is positive, namely 0,355. Job Satisfaction can mediate the influence of Leadership Style on Performance at Binjai Kota Community Health Center with significance of 0,013 (<0,5) with a T-statistic of 2,489 (>1,96). The Original Sample Value is positive, namely 0,117. Job Satisfaction can mediate the influence of Work Motivation on Performance at Binjai Kota Community Health Center with significance of 0,015 (<0,5) with a T-statistic of 2,439 (>1,96). The Original Sample Value is positive, namely 0,131. Job Satisfaction can mediate the influence of Organizational Culture on Performance at Binjai Kota Community Health Center with significance of 0,037 (<0,5) with a T-statistic of 2,088 (>1,96). The Original Sample Value is positive, namely 0,116. It is known that the R Square value for each construct is Job Satisfaction at 0,772 with an Adjusted R Square of 0,761, which means 76,1%. Thus, L","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128871621","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 research aims to analyze the Return On Assets, Net Profit Margin, and Debt to Equity Ratio, and their impact on the Stock Prices of Financial Sector Banking Companies listed on the Indonesia Stock Exchange for the period 2016 – 2021. This study uses purposive sampling techniques based on secondary data and is classified as explanatory research, with a quantitative approach. The research sample consists of 37 banking companies, which are part of a total population of 46 banking companies. Multiple Linear Regression Analysis is used to test the hypothesis in this study. The test results indicate that, partially, Return On Assets (X1) significantly affects the Stock Prices of banking companies, while the other two independent variables, namely, Net Profit Margin (X2) and Debt to Equity Ratio (X3), do not significantly affect the Stock Prices. However, simultaneously, the variables of Return On Assets, Net Profit Margin, and Debt to Equity Ratio have been proven to have a positive effect on the Stock Prices of Financial Sector Banking Companies listed on the Indonesia Stock Exchange during the period 2016-2021.
{"title":"Analysis of Return on Asset, Net Profit Margin, Debt to Equity Ratio, on Stock Prices of Financial","authors":"Mari Ananda, Fitri Diana Gulo, Mohd. Nawi Nawi Purba, Wenny Anggresia Ginting","doi":"10.55683/jrbee.v5i3.439","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.439","url":null,"abstract":"This research aims to analyze the Return On Assets, Net Profit Margin, and Debt to Equity Ratio, and their impact on the Stock Prices of Financial Sector Banking Companies listed on the Indonesia Stock Exchange for the period 2016 – 2021. This study uses purposive sampling techniques based on secondary data and is classified as explanatory research, with a quantitative approach. The research sample consists of 37 banking companies, which are part of a total population of 46 banking companies. Multiple Linear Regression Analysis is used to test the hypothesis in this study. The test results indicate that, partially, Return On Assets (X1) significantly affects the Stock Prices of banking companies, while the other two independent variables, namely, Net Profit Margin (X2) and Debt to Equity Ratio (X3), do not significantly affect the Stock Prices. However, simultaneously, the variables of Return On Assets, Net Profit Margin, and Debt to Equity Ratio have been proven to have a positive effect on the Stock Prices of Financial Sector Banking Companies listed on the Indonesia Stock Exchange during the period 2016-2021.","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121595647","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}
Jordhan Baik Simanjuntak, Katrin Monika Silaban, Deby Elfrinasti Br Sitepu, Samanto Tarigan, Herlina Novita
The food and beverage industry are a manufacturing sector that processes raw materials into finished goods in the form of food and drink products. The Indonesia Stock Exchange (IDX) categorizes this industry under the non-cyclical consumer sector. This study employed a quantitative research method, which, according to Sugiyono (2018), is a research method based on the philosophy of positivism, used to study a specific population and sample. The results revealed that profitability, liquidity, and debt policy simultaneously influence the firm value in the food and beverage sub-sector registered on the Indonesia Stock Exchange for the 2018-2021 period. This conclusion is evidenced by the T-test results. The calculated T-value for profitability's influence on firm value is 4.046, which exceeds the table T-value of 1.998, and the significance level is 0.000, which is less than 0.05. Therefore, it can be concluded that profitability partially has a significant and positive influence on firm value. The T-test results for liquidity's impact on firm value showed a calculated T-value of -0.094, which is less than the table T-value of 1.998, and a significance level of 0.926, which exceeds 0.05. Therefore, it can be inferred that liquidity has a negative impact on firm value. The T-test results for debt policy's impact on firm value showed a calculated T-value of 2.024, which exceeds the table T-value of 1.998, and a significance level of 0.047, which is less than 0.05. Therefore, it can be inferred that debt policy partially has a significant and positive impact on firm value. Based on the calculated F-value of 8.465, which exceeds the table F-value of 2.75, the study accepts the hypothesis that profitability, liquidity, and debt policy simultaneously influence the firm value.
{"title":"The Influence of Profitability, Debt Policy, and Liquidity on Firm Value in The Food and Beverage Sector on the Indonesian Stock Exchange From 2018-2021","authors":"Jordhan Baik Simanjuntak, Katrin Monika Silaban, Deby Elfrinasti Br Sitepu, Samanto Tarigan, Herlina Novita","doi":"10.55683/jrbee.v5i3.440","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.440","url":null,"abstract":"The food and beverage industry are a manufacturing sector that processes raw materials into finished goods in the form of food and drink products. The Indonesia Stock Exchange (IDX) categorizes this industry under the non-cyclical consumer sector. This study employed a quantitative research method, which, according to Sugiyono (2018), is a research method based on the philosophy of positivism, used to study a specific population and sample. The results revealed that profitability, liquidity, and debt policy simultaneously influence the firm value in the food and beverage sub-sector registered on the Indonesia Stock Exchange for the 2018-2021 period. This conclusion is evidenced by the T-test results. The calculated T-value for profitability's influence on firm value is 4.046, which exceeds the table T-value of 1.998, and the significance level is 0.000, which is less than 0.05. Therefore, it can be concluded that profitability partially has a significant and positive influence on firm value. The T-test results for liquidity's impact on firm value showed a calculated T-value of -0.094, which is less than the table T-value of 1.998, and a significance level of 0.926, which exceeds 0.05. Therefore, it can be inferred that liquidity has a negative impact on firm value. The T-test results for debt policy's impact on firm value showed a calculated T-value of 2.024, which exceeds the table T-value of 1.998, and a significance level of 0.047, which is less than 0.05. Therefore, it can be inferred that debt policy partially has a significant and positive impact on firm value. Based on the calculated F-value of 8.465, which exceeds the table F-value of 2.75, the study accepts the hypothesis that profitability, liquidity, and debt policy simultaneously influence the firm value.","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127749954","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}
Khomeiny Yunior, Amelia Putri, Tasya Dasfitri Rapmian Hutasoit, J. Sirait
The purpose of this study is to examine and analyze the influence of Return on Assets (ROA), Debt to Equity Ratio (DER), and Return on Equity (ROE) on stock prices in food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange. In conducting the analysis, there are various types of ratios with different functions that can be used. Of the numerous ratios, the financial ratios used in this study are ROA, DER, and ROE as independent variables, and the Stock Price as the dependent variable. The sample collection technique in this study used a purposive sampling technique with 30 companies selected as samples from a population of 54 food and beverage sector industries for the 2019-2021 period, which are listed on the Indonesia Stock Exchange (IDX). The method in this study uses a quantitative approach and the data source in this study uses secondary data sources that include documentation studies. This method is used to gather data from companies related to the variables under study. In testing the hypothesis, this study uses Multiple Linear Regression Analysis. From the hypothesis testing in the study, it was found that, simultaneously, ROA, DER, and ROE, which are the independent variables, influence the Stock Price of food and beverage manufacturing companies listed on IDX for the 2019-2021 period, which is the dependent variable. In addition, the results of partial hypothesis testing in this study found that, partially, ROA, DER, and ROE do not affect the Stock Price of manufacturing companies listed on the IDX for the 2019-2021 period.
{"title":"The Impact of Return on Assets, Debt Equity Ratio, and Return on Equity on Stock Prices of Food and Beverage Manufacturing Companies Listed on the Indonesia Stock Exchange from 2019 to 2021","authors":"Khomeiny Yunior, Amelia Putri, Tasya Dasfitri Rapmian Hutasoit, J. Sirait","doi":"10.55683/jrbee.v5i3.441","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.441","url":null,"abstract":"The purpose of this study is to examine and analyze the influence of Return on Assets (ROA), Debt to Equity Ratio (DER), and Return on Equity (ROE) on stock prices in food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange. In conducting the analysis, there are various types of ratios with different functions that can be used. Of the numerous ratios, the financial ratios used in this study are ROA, DER, and ROE as independent variables, and the Stock Price as the dependent variable. The sample collection technique in this study used a purposive sampling technique with 30 companies selected as samples from a population of 54 food and beverage sector industries for the 2019-2021 period, which are listed on the Indonesia Stock Exchange (IDX). The method in this study uses a quantitative approach and the data source in this study uses secondary data sources that include documentation studies. This method is used to gather data from companies related to the variables under study. In testing the hypothesis, this study uses Multiple Linear Regression Analysis. From the hypothesis testing in the study, it was found that, simultaneously, ROA, DER, and ROE, which are the independent variables, influence the Stock Price of food and beverage manufacturing companies listed on IDX for the 2019-2021 period, which is the dependent variable. In addition, the results of partial hypothesis testing in this study found that, partially, ROA, DER, and ROE do not affect the Stock Price of manufacturing companies listed on the IDX for the 2019-2021 period.","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134155660","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}
Ice Monika Br Torus Pane, Andre Fitriano, Theresia Monalisa Br Tarigan, Sintia Perbinia Br Ginting, M. Tahir
The purpose of this research is to find out whether the application of the reward, incentive, and punishment methods affect the performance of employees at PT. Anugrah Alam Berastagi. This research approach is based on a quantitative approach. The population in this sample in this study consists of 53 employees. Data collection techniques used questionnaires, interviews, and documentation studies. The use of data analysis will use multiple linear regression analysis. The results of the partial hypothesis testing obtained a t-count > t-table or 4.380>2.009 and a significance of 0.000 < 0.05, so partially the reward has a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees. The results of the partial hypothesis testing obtained a t-count > t-table or 2.226 > 2.009 and a significance of 0.000 < 0.05, so partially the incentive has a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees. The results of the partial hypothesis testing obtained a t-count > t-table or 4.478 > 2.009 and a significance of 0.000 < 0.05, so partially it can be concluded that punishment has a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees. The test results obtained an F-count (28.486) > F-table (2.79) and a significance probability of 0.000 < 0.05 means that simultaneously rewards, incentives, and punishment have a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees.
本研究的目的是了解在Anugrah Alam Berastagi公司，奖惩方法的运用是否会影响员工的绩效。这种研究方法基于定量方法。在这个研究中，这个样本的人口由53名员工组成。数据收集技术采用问卷调查、访谈和文献研究。使用的数据分析将采用多元线性回归分析。部分假设检验的结果得到t-count > t-table或4.380>2.009，显著性为0.000 < 0.05，说明部分奖励对PT. Anugrah Alam Berastagi员工的绩效有正向显著的影响。部分假设检验的结果得到t-count > t-table或2.226 > 2.009，显著性为0.000 < 0.05，说明部分激励对PT. Anugrah Alam Berastagi员工的绩效有正向显著的影响。部分假设检验的结果为t-count > t-table或4.478 > 2.009，显著性为0.000 < 0.05，因此可以部分得出惩罚对PT. Anugrah Alam Berastagi员工的绩效有正向显著影响的结论。检验结果得到F-count (28.486) > F-table(2.79)，显著性概率为0.000 < 0.05，说明奖惩同时对PT. Anugrah Alam Berastagi员工的绩效有正向显著的影响。
{"title":"The Effect of the Implementation of Reward, Incentive, and Punishment Methods on Employee Performance at PT. Anugerah Alam Berastagi","authors":"Ice Monika Br Torus Pane, Andre Fitriano, Theresia Monalisa Br Tarigan, Sintia Perbinia Br Ginting, M. Tahir","doi":"10.55683/jrbee.v5i3.442","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.442","url":null,"abstract":"The purpose of this research is to find out whether the application of the reward, incentive, and punishment methods affect the performance of employees at PT. Anugrah Alam Berastagi. This research approach is based on a quantitative approach. The population in this sample in this study consists of 53 employees. Data collection techniques used questionnaires, interviews, and documentation studies. The use of data analysis will use multiple linear regression analysis. The results of the partial hypothesis testing obtained a t-count > t-table or 4.380>2.009 and a significance of 0.000 < 0.05, so partially the reward has a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees. The results of the partial hypothesis testing obtained a t-count > t-table or 2.226 > 2.009 and a significance of 0.000 < 0.05, so partially the incentive has a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees. The results of the partial hypothesis testing obtained a t-count > t-table or 4.478 > 2.009 and a significance of 0.000 < 0.05, so partially it can be concluded that punishment has a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees. The test results obtained an F-count (28.486) > F-table (2.79) and a significance probability of 0.000 < 0.05 means that simultaneously rewards, incentives, and punishment have a positive and significant effect on the performance of PT. Anugrah Alam Berastagi employees.","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116164206","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}
The aim of this research is to discern the correlation between the Current Ratio, Net Profit Margin, and Debt to Equity Ratio variables, and the stock price movement of tobacco companies that have operating licenses on the Indonesia Stock Exchange (IDX) during the period of 2018-2021. The most appropriate method for this research topic is multiple linear regression analysis. This study has successfully passed classical assumption tests, which include normality, multicollinearity, autocorrelation, and heteroskedasticity tests. The purposive sampling method was utilized for the selection of research samples. Out of the total population, only three companies met the criteria and were selected as samples for this study. Based on the research findings, it has been demonstrated that the Current Ratio has a positive and significant correlation with stock price movement when considered individually. Similarly, the Net Profit Margin also exhibits a positive and significant correlation with stock price movement. However, no positive correlation has been observed between the Debt to Equity Ratio and the Stock price. In addition to these findings, it has been observed that the Current Ratio, Net Profit Margin, and Debt to Equity Ratio simultaneously exhibit a positive and significant correlation with the closing prices of shares of tobacco companies. This suggests that these three variables need to be collectively taken into account when analyzing the factors that influence the stock price movement of tobacco companies listed on the IDX.
{"title":"The Influence of Current Ratio, Net Profit Margin, Debt to Equity Ratio on Stock Prices of Cigarette Companies Listed on the Indonesia Stock Exchange from 2018-2021","authors":"Novita S.G Siahaan, Puput Sanny Casanova Sidabalok, Christine Sitanggang, Perbawaty Angelica, Helman Helman, Fajrillah Fajrillah","doi":"10.55683/jrbee.v5i3.438","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.438","url":null,"abstract":"The aim of this research is to discern the correlation between the Current Ratio, Net Profit Margin, and Debt to Equity Ratio variables, and the stock price movement of tobacco companies that have operating licenses on the Indonesia Stock Exchange (IDX) during the period of 2018-2021. The most appropriate method for this research topic is multiple linear regression analysis. This study has successfully passed classical assumption tests, which include normality, multicollinearity, autocorrelation, and heteroskedasticity tests. The purposive sampling method was utilized for the selection of research samples. Out of the total population, only three companies met the criteria and were selected as samples for this study. Based on the research findings, it has been demonstrated that the Current Ratio has a positive and significant correlation with stock price movement when considered individually. Similarly, the Net Profit Margin also exhibits a positive and significant correlation with stock price movement. However, no positive correlation has been observed between the Debt to Equity Ratio and the Stock price. In addition to these findings, it has been observed that the Current Ratio, Net Profit Margin, and Debt to Equity Ratio simultaneously exhibit a positive and significant correlation with the closing prices of shares of tobacco companies. This suggests that these three variables need to be collectively taken into account when analyzing the factors that influence the stock price movement of tobacco companies listed on the IDX.","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127851024","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}
Mohd. Nawi Purba, Gracia Margaretha Damanik, Dinda Putri Irawan, M. I. Pratama
The increasing value of a company is something that is aimed for when establishing a company, and this is done for the prosperity of the shareholders. Shareholders will also experience an increase in well-being when the value of a company's stock rises. A company's value increases when there's a reduction in information asymmetry (imbalance), allowing the company to have complete information about itself. The following research aims to analyze the influence of information asymmetry and managerial ownership on a company (Case Study on Manufacturing Companies listed on the IDX in 2019-2021). The method used in this research is quantitative, and the type of research is descriptive quantitative. The sample for this study includes 55 companies selected based on certain considerations over three years, 2019-2021, totaling 252 research samples. This research found that the value of manufacturing companies registered in the IDX from 2019-2021 is positively and partially influenced by information asymmetry and managerial ownership. Management and institutions should balance their share ownership in a company. In doing so, there will be no creation of minority and majority sides, making all shareholders equally responsible for selecting programs/plans to increase management utility, resulting in an increase in company value by both parties. As a result, this triggers an increase in the disclosure of social responsibility followed by an increase in the company's value.
{"title":"The Influence of Information Asymmetry and Managerial Ownership on the Value of the Company (A Case Study on Manufacturing Companies Listed on the Indonesia Stock Exchange from 2019-2021)","authors":"Mohd. Nawi Purba, Gracia Margaretha Damanik, Dinda Putri Irawan, M. I. Pratama","doi":"10.55683/jrbee.v5i3.443","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.443","url":null,"abstract":"The increasing value of a company is something that is aimed for when establishing a company, and this is done for the prosperity of the shareholders. Shareholders will also experience an increase in well-being when the value of a company's stock rises. A company's value increases when there's a reduction in information asymmetry (imbalance), allowing the company to have complete information about itself. The following research aims to analyze the influence of information asymmetry and managerial ownership on a company (Case Study on Manufacturing Companies listed on the IDX in 2019-2021). The method used in this research is quantitative, and the type of research is descriptive quantitative. The sample for this study includes 55 companies selected based on certain considerations over three years, 2019-2021, totaling 252 research samples. This research found that the value of manufacturing companies registered in the IDX from 2019-2021 is positively and partially influenced by information asymmetry and managerial ownership. Management and institutions should balance their share ownership in a company. In doing so, there will be no creation of minority and majority sides, making all shareholders equally responsible for selecting programs/plans to increase management utility, resulting in an increase in company value by both parties. As a result, this triggers an increase in the disclosure of social responsibility followed by an increase in the company's value.","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134193770","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}
Indonesia's economic development has exhibited consistent growth over recent years, as demonstrated by the increasing number of state-owned and foreign companies establishing operations within the country. This proliferation has intensified business competition, compelling companies to continuously strategize to maintain competitiveness and aspire to be market leaders within their sectors. A critical component of business operations is cash flow management, with operating cash flow reports playing a pivotal role. These reports, directly linked to the activities involved in determining a company's net income for a specific period, reflect the company's revenue from transactions impacting profit or loss, offering an overview of cash flow from operational and investment activities. This paper examines two companies listed on the Indonesia Stock Exchange (IDX) as case studies. Company ATIC, in 2020-2021, experienced a 16.22% increase in cash flow from operating activities and a 15.63% rise in earnings per share. In contrast, its share price fell by 1.88%, suggesting potential challenges. Likewise, Company PTSN, in 2019-2020, observed a significant reduction in cash flow from investing activities by 114.86%, even as its share price rose by 39.71%, again indicating potential difficulties. These cases illustrate the profound influence of operational and investment cash flows on stock prices
{"title":"The Influence of Operational Flow Analysis Reports and Investment Cash Flows on the Stock Prices of Electronics Companies on the Indonesia Stock Exchange (IDX), 2018 - 2021.","authors":"Hevin Rivaldo Gulo, Kristi Endah Ndilosa Ginting","doi":"10.55683/jrbee.v5i3.433","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.433","url":null,"abstract":"Indonesia's economic development has exhibited consistent growth over recent years, as demonstrated by the increasing number of state-owned and foreign companies establishing operations within the country. This proliferation has intensified business competition, compelling companies to continuously strategize to maintain competitiveness and aspire to be market leaders within their sectors. A critical component of business operations is cash flow management, with operating cash flow reports playing a pivotal role. These reports, directly linked to the activities involved in determining a company's net income for a specific period, reflect the company's revenue from transactions impacting profit or loss, offering an overview of cash flow from operational and investment activities. This paper examines two companies listed on the Indonesia Stock Exchange (IDX) as case studies. Company ATIC, in 2020-2021, experienced a 16.22% increase in cash flow from operating activities and a 15.63% rise in earnings per share. In contrast, its share price fell by 1.88%, suggesting potential challenges. Likewise, Company PTSN, in 2019-2020, observed a significant reduction in cash flow from investing activities by 114.86%, even as its share price rose by 39.71%, again indicating potential difficulties. These cases illustrate the profound influence of operational and investment cash flows on stock prices","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115089907","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}
Y. Ariesa, M. Fahlevi, Ayu Samantha Pardede, Josse Surya Pinem, Khajen Khajen
The purpose of this study is to examine whether factors such as Assets, Capital, Workforce, and Fintech have an influence on the revenue of SMEs. The research method used in this study is descriptive analysis with quantitative data. The data for this study were obtained from the Cooperative and SME Agency of Medan City, and data analysis was conducted using Partial Least Square (PLS) analysis with the assistance of SmartPLS 3.0 software. The study utilized data from 245 MSMEs in Medan City for the year 2022. The results of this study demonstrate that among the three indicators, fintech has the strongest impact on MSME revenue. This is supported by the p-value in the hypothesis testing, which is 0.019 < 0.05, indicating that fintech has a positive and significant effect on revenue. Additionally, the asset indicator is also emphasized as it is considered to have a substantial influence on MSME revenue.
{"title":"Analysis of the Impact of Assets, Capital, Workforce, Fintech on the Revenue of MSMEs in Medan City","authors":"Y. Ariesa, M. Fahlevi, Ayu Samantha Pardede, Josse Surya Pinem, Khajen Khajen","doi":"10.55683/jrbee.v5i3.437","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.437","url":null,"abstract":"The purpose of this study is to examine whether factors such as Assets, Capital, Workforce, and Fintech have an influence on the revenue of SMEs. The research method used in this study is descriptive analysis with quantitative data. The data for this study were obtained from the Cooperative and SME Agency of Medan City, and data analysis was conducted using Partial Least Square (PLS) analysis with the assistance of SmartPLS 3.0 software. The study utilized data from 245 MSMEs in Medan City for the year 2022. The results of this study demonstrate that among the three indicators, fintech has the strongest impact on MSME revenue. This is supported by the p-value in the hypothesis testing, which is 0.019 < 0.05, indicating that fintech has a positive and significant effect on revenue. Additionally, the asset indicator is also emphasized as it is considered to have a substantial influence on MSME revenue. \u0000 ","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115961328","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}
The aim of this study is to explore how factors such as Ethical Awareness, Auditor Experience, Skepticism, and Time Pressure affect Fraud Detection. Primary data for this study were gathered through a survey completed by sixty respondents. Secondary data were obtained from online resources and published works to assist the research. The independent variables in this investigation encompass Ethical Awareness, Auditor Experience, Skepticism, and Time Pressure, while Fraud Detection is the dependent variable. This study primarily focuses on the success rate of fraud detection. Multiple linear regression was employed as the method of data analysis, with SPSS software used for this purpose. The findings of this study indicate that Time Pressure significantly influences fraud detection, while Ethical Awareness, Auditor Experience, and Skepticism do not have a significant impact. Yet, collectively, Ethical Awareness, Auditor Experience, Skepticism, and Time Pressure do exert a substantial effect on Fraud Detection at KAP in Medan.
{"title":"The Impact of Ethical Awareness, Auditor Experience, Skepticism Attitude, and Time Pressure on Detecting Fraud in Public Accountant Offices in The City Of Medan","authors":"Aremi Evanta Br Tarigan, Raymondo Fransiskus Sitanggang, Diva Aulia","doi":"10.55683/jrbee.v5i3.434","DOIUrl":"https://doi.org/10.55683/jrbee.v5i3.434","url":null,"abstract":"The aim of this study is to explore how factors such as Ethical Awareness, Auditor Experience, Skepticism, and Time Pressure affect Fraud Detection. Primary data for this study were gathered through a survey completed by sixty respondents. Secondary data were obtained from online resources and published works to assist the research. The independent variables in this investigation encompass Ethical Awareness, Auditor Experience, Skepticism, and Time Pressure, while Fraud Detection is the dependent variable. This study primarily focuses on the success rate of fraud detection. Multiple linear regression was employed as the method of data analysis, with SPSS software used for this purpose. The findings of this study indicate that Time Pressure significantly influences fraud detection, while Ethical Awareness, Auditor Experience, and Skepticism do not have a significant impact. Yet, collectively, Ethical Awareness, Auditor Experience, Skepticism, and Time Pressure do exert a substantial effect on Fraud Detection at KAP in Medan.","PeriodicalId":448638,"journal":{"name":"Journal of Research in Business, Economics, and Education","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133931759","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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