46 research outputs found
Jurnal Managemen Bisnis, Vol. 3 No. 1 April-Juli 2010
No full textThe Effect of Customer Satisfaction on Behavioral Intentions
Wahyuningsih, Djayani Nurdin
Pengaruh Desain Atmosfer Toko terhadap Perilaku Belanja
Astrid Kusumowidago
Expected Return dan Risiko
Darwin Zahedy Saleh
Prediksi Arus Kas Bebas, Kebijakan Utang, dan Profitabilitas terhadap Kemungkinan Dibayarkan Dividen
Bram Hadianto, Herlin
Financial Knowledge, Internal Control Locus, and Personal Money-Related Behavior: A Survey on Undergraduate Accounting Students
No full textThis research intends to examine the impact of financial knowledge and internal control locus on student behavior to manage money and the effect of internal control locus on this knowledge. The students becoming the population are from the active undergraduate accounting department in Maranatha Christian University, distributed into six batches: 2015 to 2020; the number is 413. Considering this feature, we use the stratified random sampling method, setting the batches as the strata. After surveying the 200 students as the samples, the number of responded students is 193; hence, the participation level is 96.50%. Based on this situation, we use the structural equation model based on covariance after the validity and reliability tests are met. To sum up, this research unveils that money-related understanding does not affect student behavior. On the other hand, the internal control locus positively affects personal money-related behavior and financial knowledge
Sistem pengendalian internal, kinerja karyawan, dan kinerja perusahaan
No full textThis study aims to prove the impact of employee achievement (EA) and an internal control system (ICS) on company performance (CP). Besides, verifying the influence of the ICS on EA and the mediation effect of EA on the association between ICS and CP become the other purposes. This study utilizes 120 employees from 15 general insurance companies in Bandung as the sample by snowball sampling technique and covariance-based structural equation model (CBSEM) to analyze the responses to the questionnaire. Because of the responses, this study tests their validity and reliability. After achieving them, this study detects and finds the response fitness with the CBSEM. Based on the hypothesis testing, this study demonstrates three evidence. Firstly, EA and ICS have a positive tendency towards CP. Secondly, a positive association between ICS and EA occurs. Finally, the mediating effect of EA on the relationship between ICS and CP exists. Considering these research results, ICS is the primary driver; therefore, general insurance companies must focus on five aspects: (1) environmental control, (2) risk valuation, (3) controlling the action, (4) information and communication, and (5) monitoring action, to make employees perform, causing the company to attain its goals.Penelitian ini bertujuan untuk membuktikan pengaruh prestasi karyawan (PK) dan sistem pengendalian internal (SPI) terhadap kinerja perusahaan (KP). Selain itu, memverifikasi pengaruh SPI terhadap PK dan efek mediasi PK terhadap hubungan antara SPI dan KP menjadi tujuan lainnya. Penelitian ini menggunakan 120 karyawan dari 15 perusahaan asuransi umum di Bandung sebagai sampel dengan teknik snowball sampling dan model persamaan struktural berbasis kovarian untuk menganalisis tanggapan terhadap kuesioner. Karena tanggapan tersebut, penelitian ini menguji validitas dan reliabilitasnya. Setelah mencapai hal tersebut, penelitian ini mendeteksi dan menemukan kesesuaian respon dengan model penelitian. Berdasarkan pengujian hipotesis, penelitian ini menunjukkan tiga bukti. Pertama, PK dan SPI mempunyai kecenderungan positif terhadap KP. Kedua, terjadi hubungan positif antara SPI dan PK. Akhirnya, ada efek mediasi PK pada hubungan antara SPI dan KP. Berdasarkan hasil penelitian ini, SPI adalah pendorong utama. Oleh karena itu, perusahaan asuransi umum harus berfokus pada lima aspek: (1) pengendalian lingkungan, (2) penilaian risiko, (3) tindakan pengendalian, (4) informasi dan komunikasi, dan (5) tindakan pemantauan, agar karyawannya berkinerja sehingga perusahaan dapat mencapai tujuannya
Investigating the Predictors of Entrepreneurial Intention of Undergraduate Students: Evidence from Multiple Countries
No full textThis study aims to investigate and analyze the entrepreneurial intention determinants by utilizing the planned behavior theory from Ajzen (1991) based on the perspective of higher education students from four countries, i.e., Australia, Indonesia, Singapore, and Taiwan. The planned factors are entrepreneurial attitude (EA), subjective norms (SN), and perceived control behavior (PCB). Furthermore, this study adopts a quantitative design and utilizes the structural equation model and its related statistical features to examine the proposed three hypotheses. Because of the unknown population size, this study uses the snowball sampling method. This sampling method, supported by the survey technique, makes 175 responses collectible and applicable. After testing and analyzing their response, this study concludes a positive influence of EA, SN, and PCB on the intention to be a tycoon. Based on these realities, this study recommends that the students need an optimistic mindset to face and overcome the challenges in the marketplace, the people encouraging them by giving advice and financial support, and high self-trust to succeed when running the business
Gender, financial literacy, internal control locus, and economic well-being: The employee viewpoint
No full textEconomic well-being is related to financial freedom and become a vital topic for employees to perform well in the workplace. Hence, this study examines and analyzes the determinants. Based on prior works, they are gender, financial literacy, and internal control locus. The population is 500 employees of PT. Sinar Indogreen Kencana in Sidoarjo. Furthermore, this study utilizes the Slovin formula with a 10% margin of error to search for the sample size. After calculation based on this formula, its size is 222 employees. For taking them, this study used a simple random technique. Considering this number, the researcher utilizes a covariance-based structural equation model, preceded by validity and reliability examinations and goodness of fit detection. After passing the related tests and detection, this study examines the planned hypotheses and concludes that males have better economic well-being than females. Besides, financial literacy and locus of control have a positive effect on financial well-being. Also, the contribution of these four factors to explaining economic well-being is high, demonstrated by an R-square of 0.821
Pengaruh Struktur Aktiva, Ukuran Perusahaan, Dan Profitabilitas Terhadap Struktur Modal Emiten Sektor Telekomunikasi Periode 2000-2006: Sebuah Pengujian Hipotesis Pecking Order
No full textThe aim of this research is to examine pecking order hypothesis with some variables that have impact on capital structure such as asset tangibility, firm’s size, and profitability. The sample that I used was taken from telecommunication sector which collected by purposive sampling method. This research uses panel data analysis as method of analysis. The result concludes that the firm’s size is the only variable that supports pecking order hypothesis
Penentuan Nilai Opsi Call Dan Opsi Put Saham Dengan Menggunakan Model Binomial: Sebuah Kajian Teoritis
No full textThere are many instruments of investment in the capital market. One of instruments is the option. The quotation of the option depends on its underlying asset. If the asset is the stock, the option is called as the stock option. This paper describes how to determine the value of option based on binomial tree model. Both, forward calculation and backward pricing are used to establish the value of option. For the simplicity, the explanation that performed in this paper doesn't include dividend payment
FAKTOR PENENTU BIAYA KEAGENAN: STUDI EMPIRIK PADA EMITEN PEMBENTUK INDEKS LQ45
No full textThe purpose of this research is to know the impact of debt policy, dividend policy, board commissioner size, and institutional ownership on agency cost. Following Ang et al. (2000), asset utilization ratio (AUR) and operating expense ratio (OER) used as measurement of the agency cost. LQ45 index constituent firms are used as the sample which determined by the purposive sampling technique. The regression model with polled data conducted as data analysis method. The results show that institutional ownership is the only factor that has impact on agency cost measured by asset utilization ratio with positive sign
Penyimpangan Perilaku Manajer Keuangan dalam Pengambilan Keputusan Investasi
No full textSalah satu fungsi utama yang diemban oleh manajer keuangan dalam Perusahaan yaitu mengambil keputusan investasi, selain mengambil keputusan pendanaan dan keputusan mengenai pengelolaan modal kerja. Keputusan pendanaan berkaitan dengan proses mencari sumber dana. Sumber dana ini diperoleh lewat utang dan ekuitas. Pengelolaan modal kerja pada prinsipnya mengacu pada pengelolaan aktiva lancar dan utang lancar. Keputusan investasi sering diidentikkan dengan keputusan yang berkaitan dengan pengadaan aktiva tetap yang memiliki masa kegunaan/manfaat dalam jangka panjang, biasanya lebih dari satu tahun dan memerlukan dana yang cukup besar. Untuk mengakomodir keperluan tersebut, manajer harus membuat penganggaran modal untuk menilai kelayakan pengadaan aktiva tetap tersebut. Idealnya, manajer yang melakukan penilaian terhadap kelayakan pengadaan aktiva tetap tersebut harus sejalan dengan kepentingan para pemegang saham, yaitu menciptakan peningkatan nilai Perusahaan. Namun sayangnya, perilaku manajer seringkali menyimpang dari ketentuan yang telah ditetapkan pemegang saham. Tulisan ini memaparkan menyimpangnya perilaku manajer berdasarkan perspektif teori keagenan (agency theory) dan perspektif psikologi keuangan
Governance Mechanisms and Dividend Policy: Evidence From Industrial Companies in Indonesia
No full textProfits attract the attention of stakeholders, especially creditors, managers, and shareholders. Creditors, either banks or bondholders, must be guaranteed that the company performs well because it must pay interest or coupons. For managers, the profits are one of the internal financing sources when the company retains them. If the company pays them for shareholders, dividends will exist, and vice versa. The related decision is also called dividend policy. For shareholders, dividends become the element of their wealth. This investigation aims to prove and analyze the impact of governance mechanisms on dividend policy with the population and samples from the industrial companies listed on the Indonesian capital market between 2017 and 2022. These mechanisms cover institutional ownership, supervisory board size, and liability policy. Besides, the samples are randomly taken from the population, and the data are analyzed using the Tobit regression model estimated by the maximum likelihood technique. After checking the associated hypotheses, this study concludes that institutional ownership and supervisory board size positively affect dividend policy. Unfortunately, a negative association occurs between liability and dividend policy. Based on these facts, public investors can consider choosing the company as the dividend payer based on the high institutional ownership, more supervisory board number, and low debt level
