139,233 research outputs found
UKURAN PERUSAHAAN DAN PROFITABILITAS SEBAGAI DETERMINAN NILAI PERUSAHAAN MANUFAKTUR DENGAN STRUKTUR MODAL SEBAGAI VARIABEL MEDIASI
This research has several objectives namely; 1) to find out and analyze the effect of company size (size) on company value; 2) to find out and analyze the effect of company size on capital structure; 3) to know and analyze the effect of profitability on capital structure; 4) to find out and analyze the effect of profitability on company value; 5) to find out and analyze the effect of capital structure on firm value; 6) to determine and analyze the role of capital structure in mediating the relationship of company size with firm value; 7) to know and analyze the role of capital structure in mediating the relationship of profitability with firm value. The population in this study are cosmetics and household use manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the period 2011-2018. Sampling was done purposively with predetermined criteria. The data analysis of this study uses the Partial Least Square (PLS) approach. The calculation results show that the first hypothesis; which states that there is a significant positive effect between company size on firm value is not acceptable. The second hypothesis which states the size of the company (size) has a significant positive effect on capital structure is not acceptable. The third hypothesis which states profitability (profitability) has a significant negative effect on capital structure is not acceptable The fourth hypothesis which states that there is a significant positive effect between profitability on firm value can be accepted. The fifth hypothesis which states that there is a significant positive influence between capital structure on firm value cannot be accepted. Based on calculations, the capital structure variable has not been able to be a mediating variable in intervening the influence of company size on firm value. While on the other hand the capital structure variable is able to mediate in intervening the effect of profitability on firm value.Penelitian ini memiliki beberapa tujuan yaitu; 1) untuk mengetahui dan menganalisis pengaruh ukuran perusahaan (size) terhadap nilai perusahaan ; 2) untuk mengetahui dan menganalisis pengaruh ukuran perusahaan terhadap struktur modal;3) untuk mengetahui dan menganalisis pengaruh profitabilitas terhadap struktur modal; 4) untuk mengetahui dan menganalisis pengaruh profitabilitas terhadap nilai perusahaan; 5) untuk mengetahui dan menganalisis pengaruh struktur modal terhadap nilai perusahaan; 6) untuk mengetahui dan menganalisis peran struktur modal dalam memediasi hubungan ukuran perusahaan dengan nilai perusahaan;7) untuk mengetahui dan menganalisis peran struktur modal dalam memediasi hubungan profitabilitas dengan nilai perusahaan. Populasi dalam studi ini adalah perusahaan manufaktur sektor kosmetik dan keperluan rumah tangga yangterdaftar di Bursa Efek Indonesia (BEI) periode 2011-2018. Pengambilan sampel dilakukan secara purposive dengan kriteria yang telah ditetapkan sebelumnya. Analisis data studi ini menggunakan pendekatan Partial Least Square (PLS). Hasil perhitungan menunjukkan bahwa hipotesis pertama;yang menyatakan bahwa terdapat pengaruh signifikan positif antara ukuran perusahaan terhadap nilai perusahaan tidak dapat diterima. Hipotesis kedua yang menyatakan ukuran perusahaan (size) berpengaruh positif signifikan terhadap struktur modal tidak dapat diterima. Hipotesis ketiga yang menyatakan profitabilitas (profitability) berpengaruh negatif signifikan terhadap struktur modal tidak dapat diterima Hipotesis keempat yang menyatakan bahwa terdapat pengaruh signifikan positif antara profitabilitas terhadap nilai perusahaan dapat diterima. Hipotesis kelima yang menyatakan bahwa terdapat pengaruh signifikan positif antara struktur modal terhadap nilai perusahaan tidak dapat diterima. Berdasarkan perhitungan, variable struktur modal belum mampu menjadi variable mediasi dalam mengintervensi pengaruh ukuran perusahaan terhadap nilai perusahaan.Sedangkan pada sisi lain variable struktur modal mampu menjadi mediasi dalam mengintervensi pengaruh profitabilitas terhadap nilai perusahaan
PROFITABILITAS, PERTUMBUHAN PERUSAHAAN DAN UKURAN PERUSAHAAN SEBAGAI DETERMINAN STRUKTUR MODAL
The purpose of this research is; analyze and explain the effect of profitability on the capital structure, analyze and explain the effect of growth rate (growth) on capital structure, analyze and explain the effect of profitability to the wide company at PT. Mustika Ratu and Subsidiaries. In this research data analysis technique using Partial Least Square (PLS) approach. PLS is a model of Structural Equation Modeling (SEM) equations based on components or variants. Based on hypothesis testing found that profitability have a significant negative effect on capital structure at PT. Mustika Ratu and Subsidiaries. This is indicated by the value of coefficient of -0.20860009 with the value of t-statistics of 14.465286 above the critical value of 1.96, so it shows that the higher the profitability of a company will lower the value of the company's capital structure. Growth rate (growth) has a significant negative effect on capital structure at PT. Mustika Ratu and Subsidiaries. This shows that the higher the company's growth will decrease the value of the company's capital structure. This is indicated by the coefficient value of -0.300925 with a t-statistic value of 20.32658 above the critical value of 1.96, so this indicates that the higher growth rate (a company) will lower the value of the company's capital structure, and firm size (size) have a significant positive effect on capital structure at PT. Mustika Ratu and Subsidiaries. This shows that the higher the size (size) of a company will increase the company's capital structure. This condition is shown by the coefficient value of 0.660465 with the value of t-statistics of 29.89193 (larger 1.96).
Keywords: Capital Structure. Profitability, Corporate Growth, Company Siz
Determinan Struktur Modal Perusahaan (Studi Pada Perusahaan Manufaktur Sub-Sektor Kosmetik & Keperluan Rumah Tangga Yang Terdaftar Di Bursa Efek Indonesia Periode 2010 – 2016)
The purpose of this research is (1) to analyze and explain the influence of profitability (profitability) to capital structure, (2) to analyze and explain the influence of liquidity to capital structure, (3) analyze and explain the influence of assets structure to capital structure, (5) Analyze and explain the effect of company growth on capital structure, (6) Analyze and explain the influence of business risk to capital structure. Samples in this research are Manufacturing Company Cosmetic Sub-Sector & Household Needs listed on the Indonesia Stock Exchange period 2010-2015. The analytical techniques in this study using Partial Least Square (PLS) approach. PLS is a powerful analytical method, because it is not based on many assumptions. In PLS path modeling there are two models: outler model and inner model. Based on the inner model through the bootstrapping process, hypothesis testing can be performed. The results of the first hypothesis testing; it is found that liquidity variable has significant negative effect to capital structure, meaning hypothesis (H1) is accepted. Result of testing of second hypothesis; it was found that business risk positively insignificant effect on capital structure means hypothesis (H2) is not accepted. Result of testing of third hypothesis; obtained that profitability (profitability) have a significant positive effect on capital structure means hypothesis (H3) is not accepted. The results of testing the fourth hypothesis; it is found that the asset structure / structure of the significant negative effect on the structure means the hypothesis (H4) is not accepted. The result of the fifth hypothesis testing; obtained that firm size (size) have significant positive effect to capital structure mean hypothesis (H5) accepted. The results of the sixth hypothesis testing; obtained that tingat growth (growth) have a significant negative effect on capital structure. means hypothesis (H6), not accepted
Keywords: Asset structure; business risk; capital structure; company size; liquidity; corporate growth; Profitability.
Tujuan dari penelitian ini adalah (1) Menganalisis dan menjelaskan pengaruh profitabilitas (profitability) terhadap struktur modal, (2) Menganalisis dan menjelaskan pengaruh likuiditas terhadap struktur modal, (3) Menganalisis dan menjelaskan pengaruh struktur aktiva terhadap struktur modal, (4) Menganalisis dan menjelaskan pengaruh ukuran perusahaan terhadap struktur modal, (5) Menganalisis dan menjelaskan pengaruh pertumbuhan perusahaan terhadap struktur modal, (6) Menganalisis dan menjelaskan pengaruh risiko bisnis terhadap struktur modal. Sampel dalam penelitian ini adalah perusahaan Manufaktur Sub-Sektor Kosmetik & Keperluan Rumah Tangga yang terdaftar di Bursa Efek Indonesia periode 2010- 2016. Teknik analisis dalam studi ini menggunakan pendekatan Partial Least Square (PLS). PLS merupakan metode analisis yang powerfull ,karena tidak didasarkan pada banyak asumsi. Dalam PLS path modeling terdapat dua model yaitu outler model dan inner model. Berdasarkan inner model melalui proses bootstrapping, dapat dilakukan pengujian hipotesis. Hasil pengujian hipotesis pertama; diperoleh bahwa variabel likuiditas berpengaruh negatif signifikan terhadap struktur modal, berarti hipotesis (H1) diterima. Hasil pengujian hipotesis kedua; diperoleh bahwa risiko bisnis berpengaruh positif tidak signifikan terhadap struktur modal berarti hipotesis (H2) tidak diterima. Hasil pengujian hipotesis ketiga; diperoleh bahwa profitabilitas (profitability) berpengaruh positif signifikan terhadap struktur modal berarti hipotesis (H3) tidak diterima. Hasil pengujian hipotesis keempat; diperoleh bahwa struktur aset/struktur aktiva berpengaruh negatif signifikan terhadap struktur berarti hipotesis (H4) tidak diterima. Hasil pengujian hipotesis kelima; diperoleh bahwa ukuran perusahaan (size) berpengaruh positif signifikan terhadap struktur modal berarti hipotesis (H5) diterima. Hasil pengujian hipotesis keenam; diperoleh bahwa tingat pertumbuhan (growth) berpengaruh negatif signifikan terhadap struktur modal berarti hipotesis (H6) tidak diterima.
Kata Kunci: Struktur Modal, Likuiditas, Risiko Bisnis, Profitabilitas, Struktur Aktiva, Ukuran Perusahaan, dan Pertumbuhan Perusahaan
What Girls Are Made Of
Intro -- Title Page -- Part I Unconditional -- Part II Eros and Thanatos -- Part III The Dissected Graces -- Part IV Conditions -- Author's Note -- Acknowledgments -- About the Author -- Back CoverDescription based on publisher supplied metadata and other sources.Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, YYYY. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Veb pristupačnost i elektronskih formati za pristup informacijama za osobe sa invaliditetom
Author described the context of the development of technological and social relationships and how they mutually made changes on ways how people interact with information and access to knowledge.
The development of societies changed significantly the role of libraries and posed new technological and other challenges due to the development of information technologies.
Since the development of information technologies caused expansion of production capacities in societies there was additional need to standardize production of formats of access, distribution, archiving of information. Due to democratic character of many developed societies openness of information and human rights emphasized an importance of legal aspects and rights of persons with disabilities. Author mentioned articles of the UN Convention of Rights of Persons with Disabilities which required that parties which ratified convention should implement accessibility standards for persons with disabilities. Author presented standards and technical specifications that define accessibility of web interface, computer software and file formats. It is especially emphasized that those standards are important in libraries. Modern libraries should adopt and use file formats which are accessible for persons with disabilities in order to avoid risk of increased discrimination against persons with disabilities if inaccessible technologies will be used. Author believes that this would help persons with disability to use library resources and services equally as other users do.
Author, publisher and bookseller : a tripartite synergy in Nigerian book industry
This work is about the roles of Author, Publisher and Bookseller in Book development in
Nigeria. The paper started by delving into the history of Book Publishing in Nigeria after
which it proceeded by defining who an author, a publisher, and a bookseller is and
expatiated on the indispensable roles of these key actors in Nigerian Book Industry and in
the emerging Information Society. Furthermore, the various constraints to book
development were identified while the paper advised on how the Book Industry can be
further promoted in Nigeria. However, the paper concluded and made recommendations
on how the Book sector can help in enhancing scholarship in the country
Seabed foraging by Antarctic krill: Implications for stock assessment, bentho-pelagic coupling, and the vertical transfer of iron
A compilation of more than 30 studies shows that adult Antarctic krill (Euphausia superba) may frequent benthic habitats year-round, in shelf as well as oceanic waters and throughout their circumpolar range. Net and acoustic data from the Scotia Sea show that in summer 2-20% of the population reside at depths between 200 and 2000 m, and that large aggregations can form above the seabed. Local differences in the vertical distribution of krill indicate that reduced feeding success in surface waters, either due to predator encounter or food shortage, might initiate such deep migrations and results in benthic feeding. Fatty acid and microscopic analyses of stomach content confirm two different foraging habitats for Antarctic krill: the upper ocean, where fresh phytoplankton is the main food source, and deeper water or the seabed, where detritus and copepods are consumed. Krill caught in upper waters retain signals of benthic feeding, suggesting frequent and dynamic exchange between surface and seabed. Krill contained up to 260 nmol iron per stomach when returning from seabed feeding. About 5% of this iron is labile, i.e., potentially available to phytoplankton. Due to their large biomass, frequent benthic feeding, and acidic digestion of particulate iron, krill might facilitate an input of new iron to Southern Ocean surface waters. Deep migrations and foraging at the seabed are significant parts of krill ecology, and the vertical fluxes involved in this behavior are important for the coupling of benthic and pelagic food webs and their elemental repositories
World of made and unmade a poem
""World of Made and Unmade is a deep blue yarn of very fine thread. We know much of poetry ever was and ever shall be elegiac. Jane Mead's poem could be neither more literal nor nearer the verge of appearing a little too perfect for this world. As the laundry room floods and the grape harvest gets done; as Michoacan waits for another time, her beautiful, practical mother is dying. Ashes are scattered in the pecan groves of her own Rincon, her own corner of the world, and the poet, in elementary script, draws a sustaining record of the only feeling worth the struggle, and she cannot, will not, does not fuck it up." -C.D. Wright Jane Mead's fifth collection candidly and openly explores the long process that is death. These resonant poems discover what it means to live, die, and come home again. We're drawn in by sorrow and grief, but also the joys of celebrating a long life and how simple it is to find laughter and light in the quietest and darkest of moments. … This year I have disappeared from the harvest routine- the pickers throwing their trays under the vines, grape hooks flying, the heavy bunches flying- pickers running to the running tractors with trays held high above their heads and the arc of dark fruit falling heavily into the half-ton bins. The hornets swarming in the diesel-filled air. Jane Mead is the author of four collections of poetry, most recently MONEY MONEY MONEY / WATER WATER WATER (2014). Her poems appear regularly in journals and anthologies, and she's the recipient of a Guggenheim Foundation Fellowship, a Whiting Writers Award, and a Lannan Foundation Completion Grant. She teaches at the low-residency MFA program at Drew University and farms in Northern California"..
EFEK INTERVENING STRUKTUR MODAL PADA PENGARUH UKURAN PERUSAHAAN TERHADAP PROFITABILITAS
Abstract
The objectives of this study are (1). (2) Analyzing the influence of firm size on profitability, (3) Analyzing the effect of capital structure on profitability, (4) Analyzing the role of capital structure variables in influencing the influence of firm size on profitability. The population in this study were all manufacturing companies in the Cosmetics and Household Purposes Sector listed on the Indonesia Stock Exchange (IDX). The total population in this study is 6 manufacturing companies in the cosmetics sector and household needs. Based on predetermined criteria, the number of samples is 3 companies, so the data analyzed is panel data with a total of 18 observations. Data analysis techniques use the Partial Least Square (PLS) approach. PLS is a model of Structural Equation Modeling (SEM) based on components or variants. PLS is a powerful analytical method because it is not based on many assumptions. The results of analysis and hypothesis testing indicate; The first hypothesis states that there is a significant positive effect on firm size on capital structure. The results of the analysis found that the size of the company had no significant positive effect on the capital structure so that the first hypothesis was not acceptable. The second hypothesis states that there is a significant positive effect on firm size on profitability. The results of the analysis found that the size of the company had no significant positive effect on profitability so that the second hypothesis was not acceptable. The third hypothesis which states there is a significant positive effect of capital structure on profitability. The results of the analysis found that the capital structure had a significant positive effect on profitability so that the third hypothesis could be accepted. In testing with the Sobel test it was found that the capital structure has not been tested as an intervening variable on the effect of firm size on profitability in the Cosmetics and Household Utilities manufacturing companies listed on the Indonesia Stock Exchange (IDX).
Keywords: Company size; capital structure; profitability
Abstrak
Tujuan dari penelitian ini adalah (1). Menganalisis pengaruh ukuran perusahaan terhadap struktur modal, (2)Menganalisis pengaruh ukuran perusahaan terhadap profitabilitas, (3) Menganalisis pengaruh struktur modal terhadap profitabilitas,(4)Menganalisis peran variabel struktur modal dalam mengintervening pengaruh ukuran perusahaan terhadap profitabilitas. Populasi dalam penelitian ini adalah seluruh perusahaan manufaktur Sektor Kosmetik dan Keperluan Rumah Tangga yang terdaftar di Bursa Efek Indonesia (BEI). Adapun jumlah populasi dalam penelitian ini sebanyak 6 perusahaan manufaktur sektor kosmetik dan keperluan rumah tangga. Berdasarkan kriteria yang telah ditetapkan maka jumlah sampel sebanyak 3 perusahaan, sehingga data yang dianalisis merupakan data panel dengan jumlah observasi sebanyak 18. Teknik analisis data menggunakan pendekatan Partial Least Square (PLS). PLS adalah model persamaan Structural Equation Modeling (SEM) yang berbasis komponen atau varian. PLS merupakan metode analisis yang powerfull karena tidak didasarkan pada banyak asumsi.Hasil analisis dan pengujian hipotesis menunjukkan; Hipotesis pertama yang menyatakan terdapat pengaruh signifikan positif ukuran perusahaan terhadap struktur modal . Hasil analisis menemukan ukuran perusahaan berpengaruh tidak signifikan positif terhadap struktur modal sehingga hipotesis pertama tidak dapat diterima. Hipotesis kedua yang menyatakan terdapat pengaruh signifikan positif ukuran perusahaan terhadap profitabilitas . Hasil analisis menemukan ukuran perusahaan berpengaruh tidak signifikan positif terhadap profitabilitas sehingga hipotesis kedua tidak dapat diterima. Hipotesis ketiga yang menyatakan terdapat pengaruh signifikan positif struktur modal terhadap profitabilitas . Hasil analisis menemukan struktur modal berpengaruh signifikan positif terhadap profitabilitas sehingga hipotesis ketiga dapat diterima. Pada pengujian dengan uji Sobel didapat bahwa struktur modal belum teruji sebagai sebagai variabel intervening pada pengaruh ukuran perusahaan terhadap profitabilitas pada perusahaan manufaktur Sektor Kosmetik dan Keperluan Rumah Tangga yang terdaftar di Bursa Efek Indonesia (BEI).
Kata Kunci: Ukuran perusahaan; struktur modal; profitabilita
Keputusan Investasi, Leverage, Profitabilitas, dan Ukuran Perusahaan Sebagai Faktor Penentu Nilai Perusahaan Manufaktur
Abstract-The purpose of this study is 1) to find out and analyze the effect of investment decisions on firm value, 2) to find out and analyze the effect of leverage on firm value, 3) to find out and analyze the effect of profitability on firm value; 4) to find out and analyze the effect of company size on company value. The population in this study are cosmetics and household use manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2011-2018. Sampling was done purposively with predetermined criteria. The data analysis of this study uses the Partial Least Square (PLS) approach. PLS is a Structural Equation Modeling (SEM) equation model based on components or variants. Based on the hypothesis test, the first hypothesis is obtained; which states that investment decision variables have a significant positive effect on firm value is acceptable. Second hypothesis test results; which states that leverage has a significant positive effect on firm value is acceptable. Third hypothesis test results; which states profitability has a significant positive effect on firm value is acceptable. The fourth hypothesis test results; which states that company size has a significant positive effect on the value of the company can not be accepted (rejected). The result of the model accuracy test by looking at R Square Adjusted which contributed the model in explaining the structural relationship of the studied variables was 0.604 (or 60.40%).
Keywords: Investment Decisions; Leverage; Profitability; Firm Size and Firm Value.
Abstrak-Tujuan dari studi ini adalah 1) untuk mengetahui dan menganalisis pengaruh keputusan investasi terhadap nilai perusahaan,2) untuk mengetahui dan menganalisis pengaruh leverage terhadap nilai perusahaan, 3) untuk mengetahui dan menganalisis pengaruh profitabilitas terhadap nilai perusahaan; 4) untuk mengetahui dan menganalisis pengaruh ukuran perusahaan terhadap nilai perusahaan. Populasi dalam studi ini adalah perusahaan manufaktur sektor kosmetik dan keperluan rumah tangga yang terdaftar di Bursa Efek Indonesia (BEI) periode 2011-2018. Pengambilan sampel dilakukan secara purposive dengan kriteria yang telah ditetapkan sebelumnya. Analisis data studi ini menggunakan pendekatan Partial Least Square (PLS). PLS adalah model persamaan Structural Equation Modeling (SEM) yang berbasis komponen atau varian. Berdasarkan uji hipotesis yang dilakukan didapat hipotesis pertama ; yang menyatakan variabel keputusan investasi berpengaruh signifikan positif terhadap nilai perusahaan dapat diterima. Hasil uji hipotesis kedua ; yang menyatakan leverage berpengaruh signifikan positif terhadap nilai perusahaan dapat diterima. Hasil uji hipotesis ketiga ; yang menyatakan profitabilitas berpengaruh signifikan positif terhadap nilai perusahaan dapat diterima. Hasil uji hipotesis keempat ; yang menyatakan ukuran perusahaan berpengaruh signifikan positif terhadap nilai perusahaan tidak dapat diterima (ditolak). Hasil uji ketepatan model dengan melihat R Square Adjusted yang memberi kontribusi model dalam menjelaskan hubungan struktural variabel yang diteliti adalah sebesar 0,604 (atau 60,40%).
Kata kunci: Keputusan Investasi; Leverage; Profitabilitas; Ukuran perusahaan dan Nilai perusahaa
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