Rescollacomm (E-Journals)
Not a member yet
727 research outputs found
Sort by
Determinants of Stock Price : Fundamental Analysis on LQ45 Index Companies in Indonesia
Get PDFThe primary objective of this reserach was to examine the essential internal factors that affect stock prices by utilizing Return on Equity (ROE) and Dividend Payout Ratio (DPR) as independent variables, while Price to Book Value (PBV) was considered as an intervening variable. The focus of the study was on companies listed in the LQ45 index on the Indonesia Stock Exchange from 2018 to 2022. The data was analyzed using panel data regression through the REM, with support from Eviews 12 software. Path analysis was also employed to test hypotheses and gain deeper insights. The research findings indicate that only ROE significantly affects stock prices both directly and indirectly, while DPR doesnt have a significant influence on the fluctuations of stock prices. Additionally, PBV cannot mediate the effect of ROE and DPR on stock prices. This suggests that other factors can affect stock prices in the Indonesian capital market. It is crucial to consider a representative sample of companies and additional variables to gain deeper insight into the factors leading to share prices
Content Analysis of Comics on Line Webtoon
Get PDFTechnological advances produce a different culture of readers, there is a new culture of comic readers who change the way readers read comics, as a result of technological advances it created a digital platform published online called LINE Webtoon, so that it can be identified the purpose in this article to know the presentation of comic content on LINE webtoon or website and cartoon by facilitating readers who no longer read without having to buy comics in physical form but already using the application. This research uses a descriptive qualitative method by looking at LINE webtoon to find out the presentation of comic content on LINE webtoon, which is supported using McCloud\u27s Making Comic theory. The results of this study suggest that the experience of reading comics on LINE Webtoon has a variety of attractions, readers\u27 factors in reading comics can also be influenced by social and cultural interactions around them, for example if a comic is trending or widely discussed on social media, readers tend to be interested in trying to read it as well as being influenced by comic content and comic authors themselves such as with emotionally evocative storylines and strong characters, tend to be more captivating and make readers come back to read the next episode, by paying attention to these aspects, it can be seen how works of fine art in the form of comics can create interesting comic content
Exploring the impact of Firm-Level Corporate Governance Challenges on Sustainable Development Goals (SDGs) in a Developing Economy
Get PDFThe impact of firm-level corporate governance challenges on sustainable development requires attention, particularly in developing countries. This qualitative study explores factors contributing to South African firms\u27 poor CG performance and the implications of firm-level CG challenges towards attaining SDGs in South Africa. It employs a rapid review methodology to search and review selected articles systematically. Content analysis is used to draw findings. Results reveal that historical, economic, lack of critical scholarship and weak regulatory enforcement and oversight factors affect South African corporate governance practices. Notably, a lack of reform in the corporate governance architecture underpins most of the challenges firms experience regarding corporate governance practices. These results can be linked to slow progress towards realising sustainable development goals (SDG) targets from achieving socioeconomic equality, board diversity, jobs, poverty alleviation and justice for all. This study contributes to scholarship on the intersectionality between CG, SDGs, and existing challenges that restrict the business sector from fully contributing to national development. In South Africa, the study also reviews progress towards strengthening the CG fabric in the post-apartheid era
Economic Order Quantity and Supply Chain Performance of County Governments in Western Region, Kenya
Get PDFMany organizations have realized the significant role played by Economic Order Quantity in determining Supply Chain performance. This study sought to examine the effect of economic order quantity on supply chain performance in county governments in western region, Kenya. This study adopted descriptive survey research design targeting 120 respondents from the procurement, stores and quality assurance departments. Data was obtained using structured questionnaires and analyzed using descriptive and inferential statistics. Descriptive statistics used were: mean, frequency percentage and standard deviation while for Inferential statistics Pearson correlations and simple linear regression was used. The regression results established that Economic Order Quantity had a positive and significant effect on the Supply chain performance of County Governments in Western Region, Kenya. (β= 0.762; p< 0.000). The findings extends knowledge on inventory management practices and specifically on economic order quantity that can enhance performance. The study recommends for County Governments to adopt as well as integrate Economic Order Quantity (EOQ) into its supply chain strategies
A Mediating Effect of Tourist Satisfaction on The Relationship Between Sustainability Tourism and Loyalty in The Tourism Villages
Get PDFThe Sustainable Development Goals (SDGs) in the tourism sector can be achieved through a comprehensive and integrated approach considering sustainable development\u27s economic, social, and environmental dimensions. This research aims to analyze the influence of the dimensions of sustainability on tourist loyalty in tourism villages, with tourist satisfaction as a mediating variable. This study uses a quantitative approach. The number of samples used in this research was 394 tourists from tourism villages in Karanganyar Regency, Indonesia. The data analysis method uses PLS-SEM. The analysis findings indicate that economic, environmental, and institutional sustainability have a positive and significant impact on tourist satisfaction in the tourism village of Karanganyar Regency. Tourist satisfaction has favorably and considerably influenced tourist loyalty in the tourism village of Karanganyar Regency. Tourist satisfaction positively and significantly influences the relationship between economic sustainability, environmental sustainability, and institutional sustainability with tourist loyalty in the tourism village of Karanganyar Regency. Additionally, satisfaction partially mediates the relationship between economic, environmental, and institutional sustainability with tourist loyalty. This research develops a sustainability model for tourist villages that are increasingly developing worldwide. It can be used as a strategy or reference for tourist village managers to develop sustainable tourist villages
Building MSMEs Resilience with the Role of Digitalization and Human Resource Practices
Get PDFThis study highlights the important role of digitalization and human resource management in strengthening the resilience of MSMEs in Cirebon City. Using a quantitative approach based on SEM-PLS, this study analyzed 173 MSMEs in the culinary sector. The results show that digitalization has a positive impact on the resilience of MSMEs, although the effect is not as great as the role of human resource management. The R-square value of 0.652 indicates that these two factors together explain 65.2% of the variation in MSME resilience. Therefore, this study recommends strengthening digitalization strategies and improving the quality of human resource management through training and supportive policies, in order to improve the competitiveness and sustainability of MSMEs in the face of economic and social dynamics in the digital era
The Role of ESG, Fundamental Factors, and Market Perception on Financial Performance: Evidence from LQ45 Firms in Indonesia
Get PDFThis research is conducted with the objective of empirically analyzing how sustainability elements and core corporate characteristics influence the financial performance of issuers listed on the LQ45 index at the Indonesia Stock Exchange between 2019 and 2023. The focus of the investigation lies in exploring the impact of Environmental, Social, and Governance (ESG) scores, capital structure metrics, Earnings per Share (EPS), firm scale, and market-based valuation indicators on profitability, measured through Return on Assets (ROA) and Return on Equity (ROE). Adopting a quantitative research approach, this study applies panel data regression techniques. The sample selection process utilizes purposive sampling, emphasizing the availability of complete annual reports, sustainability disclosures, and ESG ratings obtained from Sustainalytics. From a total of 225 observations, 169 datasets met the stringent criteria for thorough examination. The results highlight that prudent management of capital structure combined with strong market valuation significantly boosts corporate profitability. Conversely, the incorporation of ESG practices does not uniformly translate into immediate financial gains and, in certain cases, may even detract from profitability levels. Additionally, the analysis indicates that firms with larger asset bases may experience a decline in operational efficiency, suggesting that mere expansion in size does not inherently enhance financial outcomes. These findings provide valuable insights into the expanding body of literature addressing environmental, social, and governance (ESG) and corporate financial performance within emerging market environments. Furthermore, they offer practical recommendations for regulators, corporate leaders, and investors aiming to design more integrated, sustainability-oriented financial strategies
Analysis The Effect Of Volatility On Potential Losses Mutual Fund Investments Using The ES-GARCH Method
Get PDFInvesting in mutual funds has become a popular choice for investor who looking to participate in the capital markets with more diversified risk. However, the success of mutual fund investments depends on investors understanding the potential losses and opportunities that may arise during the investment period. Analyzing the risk of mutual fund investments is fundamental in helping investors comprehend potential losses. Therefore, research is conducted to understand potential losses by estimating asset price volatility and determining the maximum possible losses. The Expected Shortfall (ES) method proves useful in measuring downside risk and extreme loss potential in investments, but it is less effective in addressing nonlinear trends and the complexity of volatility patterns. Hence, a combination of the Expected Shortfall (ES) and Generalized Autoregressive Conditional Heteroskedasticity (GARCH) methods is employed to measure the risk of mutual fund investments. The research findings indicate that volatility has a positive impact on Value at Risk (VaR), and the potential maximum losses (ES) increase with higher volatility, indicating a greater risk
Application of Genetic Algorithm on Knapsack Problem for Optimization of Goods Selection
Get PDFKnapsack Problemis one of the combinatorial optimization problems that often arise in everyday life, especially in making decisions about selecting goods with limited capacity. This study combines two previous studies that apply genetic algorithms to real cases: the selection of basic necessities and packaged fruits in limited containers. Genetic algorithms are used because they are flexible and able to find more than one optimal solution. The process includes the formation of an initial population, fitness evaluation, selection (roulette wheel), crossover, and mutation. From the two case studies analyzed, it was found that genetic algorithms consistently produce increased fitness between generations and are able to maximize the value of goods without exceeding capacity or budget limits. This study strengthens the potential of genetic algorithms as an effective method in solving Knapsack Problems based on real needs
MSMEs Move Up a Class: Sustainable Strategies to Encourage MSMEs to Enter the International Market
Get PDFBlitar City is the largest producer of jimbe drums in East Java, and even in Indonesia. The market segment for jimbe drum products is China and Canada. However, not all jimbe drum craftsmen in Blitar City are able to access the export market. This study aims to (a) Identify the characteristics of SMEs in the Jimbe drum industry in Blitar City (b) Describe the obstacles faced by jimbe drum craftsmen to move up to the export market (c) Develop strategies to encourage SMEs in the jimbe drum industry in Blitar City to move up in a sustainable manner. The type of research is a qualitative case study. The subjects of the study were jimbe drum craftsmen in Sentul Village, Blitar City, Head of the Cooperatives and MSMEs Office of Blitar City, Head of the Trade and Industry Office, Head of Sentul Village, Blitar City. Data collection was carried out by direct interviews with research subjects, observation and documentation. Triangulation of methods and data sources was carried out to obtain accurate data. Data analysis using the Miles, Huberman and Saldana (2024) formula and SWOT analysis. The results of the study showed that there are 2 types of Jimbe drums MSMEs in Sentul village, namely craftsmen and collectors, who do not yet have an association/ cooperative to accommodate the aspirations of craftsmen. The obstacles faced revolve around the difficulty of accessing capital and obtaining raw materials. Based on the SWOT analysis, the appropriate strategy for sustainable upgrading is to first improve the organization, help access capital and increase international marketing reach through partnerships