Pub Date : 2019-01-02DOI: 10.20884/1.JP.2019.26.1.1244
Intan Shaferi, R. D. Laksana
Financial decisions in the company are an important part that is very influential on operational and financial performance. The survival of a company is showed from an operational activity that carried out, so that the company gets the desired results. Financial decisions in the form of working capital policies are important for the survival of the company. Companies can use working capital to get good financial performance. Financial performance can be reflected in profitability and firm value. The role of working capital towards financial performance in companies involves other factors, namely firm size. Large companies with assets have quite a lot of different policies on the use of working capital. This impact will affect the financial performance produced. Associated with the size of the company, this study examines working capital for financial performance by considering firm size. The study aims to examine working capital for financial performance. The study was conducted on manufacturing companies in the Indonesia Stock Exchange with a study period of three years 2015 to 2017. Test results showed the relationship of working capital to financial performance by considering firm size. With this connection, it shows the importance of using woking capital that is good enough to generate profitability and firm value. Keywords: working capital, financial performance, profitability, firm value, firm size.
{"title":"Peran Determinasi Working Capital Policy terhadap Company Financial Performance","authors":"Intan Shaferi, R. D. Laksana","doi":"10.20884/1.JP.2019.26.1.1244","DOIUrl":"https://doi.org/10.20884/1.JP.2019.26.1.1244","url":null,"abstract":"Financial decisions in the company are an important part that is very influential on operational and financial performance. The survival of a company is showed from an operational activity that carried out, so that the company gets the desired results. Financial decisions in the form of working capital policies are important for the survival of the company. Companies can use working capital to get good financial performance. Financial performance can be reflected in profitability and firm value. \u0000The role of working capital towards financial performance in companies involves other factors, namely firm size. Large companies with assets have quite a lot of different policies on the use of working capital. This impact will affect the financial performance produced. Associated with the size of the company, this study examines working capital for financial performance by considering firm size. \u0000The study aims to examine working capital for financial performance. The study was conducted on manufacturing companies in the Indonesia Stock Exchange with a study period of three years 2015 to 2017. Test results showed the relationship of working capital to financial performance by considering firm size. With this connection, it shows the importance of using woking capital that is good enough to generate profitability and firm value. \u0000 \u0000Keywords: working capital, financial performance, profitability, firm value, firm size.","PeriodicalId":84885,"journal":{"name":"Improving human performance quarterly","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79230265","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 : 2018-09-19DOI: 10.20884/1.JP.2019.26.1.1379
N. A. Sunarjanto
Membangun UKM agar mampu untuk bertahan dalam kondisi persaingan yang semakin kompleks tidaklah mudah , Pelaku usaha yang telah mempersiapkan diri untuk berkompetisi akan eksis, tetapi banyak pula pengusaha yang gagal. Berdasarkan hasil temuan penelitian sebelumnya , bahwa kegagalan bisnis UKM sangat ditentukan oleh kemampuan pengelolaan modal kerja. Pengelolaan modal kerja adalah mengatur penggunaan modal kerja sesuai kebutuhan usaha. Kebutuhan modal kerja sangat ditentukan oleh tingkat siklus konversi kas sehingga perlu memperhitungkan tingkat perputaran dari masing masing komponen di dalam modal kerja. Penelitian ini membandingkan antara penggunaan modal kerja dengan kebutuhan modal kerja yang harus dipenuhi oleh usaha, penggunaan modal kerja bisa berlebihan , atau kekurangan. Kelebihan atau kekurangan modal kerja berdampak pada ketidak efisienan perusahaan dalam menjalankan usaha, yang pada akhirnya akan mengalami kebangkrutan
{"title":"ANALISIS EFISIENSI PENGGUNAAN MODAL KERJA PADA USAHA KECIL MENENGAH DI SURABAYA","authors":"N. A. Sunarjanto","doi":"10.20884/1.JP.2019.26.1.1379","DOIUrl":"https://doi.org/10.20884/1.JP.2019.26.1.1379","url":null,"abstract":"Membangun UKM agar mampu untuk bertahan dalam kondisi persaingan yang semakin kompleks tidaklah mudah , Pelaku usaha yang telah mempersiapkan diri untuk berkompetisi akan eksis, tetapi banyak pula pengusaha yang gagal. Berdasarkan hasil temuan penelitian sebelumnya , bahwa kegagalan bisnis UKM sangat ditentukan oleh kemampuan pengelolaan modal kerja. Pengelolaan modal kerja adalah mengatur penggunaan modal kerja sesuai kebutuhan usaha. Kebutuhan modal kerja sangat ditentukan oleh tingkat siklus konversi kas sehingga perlu memperhitungkan tingkat perputaran dari masing masing komponen di dalam modal kerja. Penelitian ini membandingkan antara penggunaan modal kerja dengan kebutuhan modal kerja yang harus dipenuhi oleh usaha, penggunaan modal kerja bisa berlebihan , atau kekurangan. Kelebihan atau kekurangan modal kerja berdampak pada ketidak efisienan perusahaan dalam menjalankan usaha, yang pada akhirnya akan mengalami kebangkrutan","PeriodicalId":84885,"journal":{"name":"Improving human performance quarterly","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83997865","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 : 2018-07-24DOI: 10.7765/9781526131089.00010
Kees van der Pijl
{"title":"Aftermath","authors":"Kees van der Pijl","doi":"10.7765/9781526131089.00010","DOIUrl":"https://doi.org/10.7765/9781526131089.00010","url":null,"abstract":"","PeriodicalId":84885,"journal":{"name":"Improving human performance quarterly","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78788913","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 : 2005-12-31DOI: 10.1515/9783839403792-004
Raimund Hoghe
{"title":"Den Körper in den Kampf werfen*","authors":"Raimund Hoghe","doi":"10.1515/9783839403792-004","DOIUrl":"https://doi.org/10.1515/9783839403792-004","url":null,"abstract":"","PeriodicalId":84885,"journal":{"name":"Improving human performance quarterly","volume":"92 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2005-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76362493","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 : 2005-12-31DOI: 10.1515/9783839403792-015
{"title":"Autorinnen und Autoren","authors":"","doi":"10.1515/9783839403792-015","DOIUrl":"https://doi.org/10.1515/9783839403792-015","url":null,"abstract":"","PeriodicalId":84885,"journal":{"name":"Improving human performance quarterly","volume":"9 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2005-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82299419","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 : 2005-12-31DOI: 10.14361/9783839403792-002
Johannes Odenthal
{"title":"Globalisierung, Migration und die Interkulturalität von Performance","authors":"Johannes Odenthal","doi":"10.14361/9783839403792-002","DOIUrl":"https://doi.org/10.14361/9783839403792-002","url":null,"abstract":"","PeriodicalId":84885,"journal":{"name":"Improving human performance quarterly","volume":"206 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2005-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76502947","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}