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The Effect of Profitability, Liquidity, Leverage and Firm Growth of Firm Value with its Dividend Policy as a Moderating Variable
This study aims to examine the effect of profitability, liquidity, leverage, and company growth on firm value, with dividend policy as a moderating variable, as well as Firm Size as a control variable. This research was conducted with documentation method, as well as sampling purposive sampling technique. This study was processed using the SPSS program, totaling 396 observations with data. Where the population is 146 manufacturing companies listed on the Stock Exchange during the period from 2013 to 2016, and the number of samples amounted to 108, 106, 94 and 112 companies, respectively. Profitability and high growth company are proven to increase of Firm Value, but liquidity and high leverage are proven to reduce Firm Value.
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COLLABORATIVE GOVERNANCE (STUDI DESKRIPTIF PROSES PEMERINTAHAN KOLABORATIF DALAM PENGENDALIAN PENCEMARAN UDARA DI KOTA SURABAYA)
This study aims to describe the process of collaborative governance in maintance of air pollution in Surabaya City. The result shows that the collaborative governance has three stages, there are identifying obstacles and opportunities, debating strategies for influence, and planning collaborative actions that haven't been effective yet. That shows in the criteria of collaborative governance which hasn't been fulfilled yet especially in distributive accountability and access to resources criteria in the debating strategies for influence stage. Those criterias indicate the lack of involvement of other stakeholders in the collaboration forum and the insufficient financial resources.
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Reputation Organization Development Model To Create Competitive Advantage - A Case Study in Transmedia
The development of the television industry in Indonesia began in 1962; Intensity of competition in this industry began in 2000 and 2001, with the emergence of several private television stations that have special characteristics. Furthermore, emerging new television station broadcasting from the TransTV, Lativi, Trans7, GlobalTV and Metro. In 2013 and 2014 appeared new television station like Bloomberg, CNN Indonesia, which uses the brand which has been established and has a reputation in the field. This study could broaden the understanding of the meaning of an organization's reputation and gain whatever can be produced from a good reputation. The research was conducted at the organization Trans Media. The first phase of the study was to conduct inductive theory building. Target sample in this study was the informant who has sufficient competence and capabilities related to the issues. The main data sourced from the implementation of semi-structured interviews with two types of informants: managers who have responsibility for managing programs of TV shows, and the board of directors or commissioners who will provide direction for the management of the overall TV. The result of the research lead to the conclusion that the Trans Formation based on the concept of national metropolitan television. To maintain its reputation, Trans consistently presenting quality broadcasts in accordance with their values, namely anti-mainstream, educate, and inspire. The establishment of the organization's reputation in the form of a proposition in the form of a model with three components, namely Trans formers reputation, strategy, reputation formation and passage of reputation.
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Surabaya sebagai Kota Kolonial Modern pada Akhir Abad ke-19: Industri, Transportasi, Permukiman, dan Kemajemukan Masyarakat
Kemajuan Kota Surabaya pada awal abad ke-20 ditandai oleh perubahan di berbagai bidang. Perubahan ini menyebabkan munculnya simbol modernitas kota, seperti industri, transportasi, dan permukiman modern. Perkembangan industri mampu mengubah mata pencaharian penduduk kota dari sektor pertanian ke pabrik dan kerajinan. Kegiatan ekonomi industri didukung oleh masuknya kendaraan modern yang berfungsi sebagai alat angkutan barang dan orang. Kesempatan kerja yang terbuka mendorong laju migrasi, sehingga populasi penduduk meningkat. Artikel ini menjelaskan unsur-unsur yang menunjukkan perubahan Surabaya menjadi kota modern. Penjelasan lain berhubungan dengan perubahan tatanan fisik kota dan komposisi penduduk. Tujuan tulisan ini adalah untuk mengetahui kemajuan Kota Surabaya ketika terjadi perubahan secara simultan yang disebabkan oleh perkembangan berbagai bidang.
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The Antecedent of Trust In Relationship Marketing in Non Profit Organizations
This study aims to investigate the antecedent of trust in relationship marketing in non profit organization. Relationship marketing is a concept that is rooted in social exchange theory. It is attracting, maintaining and enhancing customer realtionship. In relationship marketing concept, trust variable is a key success factor. Trust is a willingness to rely on an exchange partner in whom one has confidence. The topic of trust is generating increased interest in organizational studies both in profit organization and non profit organization. This riset uses a survey method and the research samples are individual donors of philanthropy organizations. The number of respondents are 507. Multiple linear regression is selected as the technique of analysis.This research examines three hypotheses where two of them are supported. They are (1) the impact of shared values on trust; (2) the impact of communication on relationship commitment. Meanwhile, the unsupported hypothesis is the impact of relationship marketing investment on trust. The contribution of this study is mainly in broadening the application of relationship marketing concept. In specific, the concept is not only suitable for profit organizations as commonly thought, but also for non profit organizations. In this broadening conception, the key role of trust in relationship marketing in non profit organization.
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The Impact Of Unemployment Rate, Labor Force, Capital, Inflation Rate, And Government Expenditure On Economic Growth In Indonesia
This study was conducted to examine the effect of unemployment rate, labor force, investment, inflation rate, and government expenditure on economic growth in Indonesia in the long term and short term for the period 1986-2015. This research uses cointegration and Error Correction Model (ECM) method. The results of ECM treatment with EViews 8 indicate that the unemployment rate and capital have significant positive effects, labor force and inflation rate have significant negative effects, and government expenditure has an insignificant effect on economic growth in Indonesia within the study period.
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Measuring The Corruption Measurement Model (CMM) Based on Maqasid Shariah Framework
Purpose of the study: This paper will discuss the application of maqasid al shariah as a benchmark in the Corruption Measurement Model (CMM) based on Maqasid Syariah. Dimensions to be assessed on maqasid al shariah based on the opinions of Syathibi include hifdzun Dhin, hifdzun an-nafsh, hifdzun al-aql, hifdzun an-nasl, and hifdzun al-maal. Methodology: In addition to successfully formulating all the relevant details of maqasid al shariah for corruption measurement, this study is the first research that uses quantitative methods like ANOVA on data from all provinces in Indonesia. Main findings: The result is the average score from the Corruption Measurement Model (CMM) in Indonesia which is found to be good enough. The empirical study using ANOVA shows that there is no significant difference in the maqasid dimension among provinces in Indonesia, with a significance of 0.05. Applications of this study: The results of this study enables researcher, practitioner and policy maker to understand the implication of corruption and its impact on the society. Novelty/ Originality of this study: The application of maqasid al shariah is tested to explain the impact of corruption on the inadequacy of infrastructure and inefficient bureaucracy.
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Environmental Efficiency Policies Related to Porter's Hypothesis
Indonesia as one of the countries of the G20 with the manufacturing sector as one of the largest energy user sectors. Energy use in the industrial sector is contributing as emitters. The greater use of energy, the greater the amount of emissions produced. The need for environmental policy declared by Jaffe et al (1995) in his research called Porter's Hypothesis, namely environmental policies may affect innovation and market creation. But in the long-term costs of policy or government spending is specialized in the field of environment will benefit the government itself which will increase the level of the efficiency of the country. This study aims to analyze how the level of efficiency of the manufacturing sector in the city - metropolitan city in Indonesia under natural policy and managerial disposability policy. Secondly, this study try to analyze and find the causes of inefficiency variables, where the role of technological innovation is very important in increasing the level of efficiency both operational and environmental performance. The data sample is 33 provinces within Indonesia. By compositing six variables, which is three input variables and three output variables. The output variable consists of desirable output (good output) and undesirable output (bad output). The input variables consist of labor, investment, and energy consumption, while the output variable consists of the GDP, SO2, and NO2. The research utilized Data Envelopment Analysis (DEA). The research result is the efficiency in the manufacturing sector in 33 provinces in Indonesia with two ways of measurement that has been determined by using arithmetic models shows that the province of large provinces such as Jakarta and West Java has a high efficiency in the industrial sector. For example, Jakarta has an average efficiency of 100% perfect in UENM efficiency measurements during the observation period 2012-2015.
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Waqf Plus Sukuk in Developing Islamic Microfinance Industry
The development of the microfinance as well as islamic microfinance Indonesia has been remarkable. It gains many attention by policy makers as well as academicians in many occasions. Topic that was discussed ranged from the past performance, current obstacle as wes as the problem, solution and the opportunity in the future (Hamad 2010, Bank Indonesia 2009,2010). The role of this microfinance gain more important during the recent financial crisis. The subprime mortgage occured in 2008 has affected many countries in the worlds. In Indonesia the effect can be seen from the stock market. Jakarta Composite Index (JCI) shows 2721.25 in January 2008 while it plunged to 1241.54 in October 2008. Companies which the operations is exposing themselves to the exchange rate were obviously got affected since the plunge of the stock market induce investors not to continue their investments in Indonesia. As a result ''fligh to quality" happened and this create fluctuation of the exchange rate. However, other sector such as microfinance does not seem to be affected.
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The Mediating Effect of Operational Performance on the Relationship of Entrepreneurship Toward Financial Performance. A case of Hand Drawn Batik Industry in East Java, Indonesia
Indonesia has been well known for it's beautiful batik. In fact UNESCO has been awarded batik Indonesia as a masterpiece of oral and intangible heritage of humanity. UNESCO insisted that Indonesia must preserve its heritage. Batik has been part of creative economy in Indonesia. Jawa Timur province had many batik industrial center spreaded in several city, such as Madura, Sidoarjo, Tuban, Tulungagung, etc. Batik, especially hand drawn batik company in Indonesia usually run by entrepreneur of small company. The success of financial performance in hand drawn batik industry was supposedly the result of entrepreneurship of batik company owner / manager, and good operational performance in their internal business process. This study focused on the mediating effect of operational performance on the relationship of entrepreneurship toward financial performance in batik hand drawn industry in East Java Province in Indonesia. This study used quantitative approach. The sample of this study was 111 small business batik company, and analyzed using Warp PLS. Result of the study showed that operational performance mediated the relatioship between entrepreneurship and financial performance. The result of this study contributed input to the policy maker in East Java Province government abot developing sustainable and successful batik industry to boost creative economic activity in East Java Province. This study also gave a contribution in management accounting area especialy about factor that giving impact to financial performance in batik industry.
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PERILAKU POLITIK PEMILIH PEREMPUAN PADA PEMILIHAN UMUM LEGISLATIF TAHUN 2014 (STUDI DI KELURAHAN MUKA KUNING, KECAMATAN SI BEDUK, KOTA BATAM)
Female voters is one of the electoral contestants were positively correlated with the quality of the policy according to the needs of women where women voters were significant in Muka Kuning village in the ratio of female voters and men are 32.254: 29.131 with the majority of women work as industrial workers. The purpose of this study was to determine the political behavior of women voters, and factors influencing the legislative elections in 2014 in the village of Sei Muka Kuning Batam drum method mixed method, with quota sampling technique to women voters at polling stations at Muka Kuning village. Factors affecting the behavior of individuals and organizations are factors which the individual factors significantly more than the organizational factors. Ex political behavior of female voters. Mostly women at Muka Kuning as moderate voters, namely the ability to reflect on themselves well, internal control center, Personality High mach, investment organizations, alternative occupations are believed to exist, and the hope of success. While the factors that are included in the organization is a reallocation of resources, promotion opportunities, low confidence, role ambiguity, performance evaluation system is not clear, practices a zero-sum remuneration, democratic decision-making, high-performance pressure, and senior managers selfish. This study has reinforced the theory that Robin jugde individual factors and organiassi shaping the political behavior of women voters at Muka Kuning village conservative. This is affecting for 8889 women voters at Legisltaif elections in 2014.
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