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The Effect of Capital Structure and Sales Growth on Company Profitability and Value in the Cosmetics Manufacturing and Household Needs Manufacturing Companies Ni Putu Erlin Pramesti; Putu Ngurah Suyatna Yasa; Ni Luh Anik Puspa Ningsih
Jurnal Ekonomi dan Bisnis Jagaditha Vol. 8 No. 2 (2021): Jurnal Ekonomi & Bisnis JAGADITHA
Publisher : Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/jj.8.2.2021.187-193

Abstract

Company value is very important for a company, because the company's value reflects the company's performance which will be associated with stock prices, where the higher the stock price, the higher the value of the company. With a high company value will give a good signal to investors that the company's financial performance is increasing. This study aims to determine the effect of capital structure and sales growth on profitability and firm value. The population in this study is cosmetics and household needs manufacturing companies listed on the IDX. Determination of the sample is done by a purposive sampling method of judgment sampling type and based on predetermined criteria; the number of samples is 5 companies manufacturing cosmetics sub-sectors and household needs. This study uses secondary data obtained from the Indonesia Stock Exchange in 2008-2018. Testing the hypothesis of the study used descriptive statistical test techniques and path analysis test with SPSS (Statistical Product and Service Solutions) application tools. The results showed that: 1) Capital structure has a positive and significant effect on profitability 2) Sales growth has a negative and not significant effect on profitability 3) Capital structure has a positive and significant effect on firm value 4) Sales growth has a positive and significant effect on firm value 5) profitability has a positive and significant effect on firm value 6) Capital structure is able to influence the value of the company through profitability 7) Sales growth is not able to affect the value of the company through profitability.
Banking Sector Profitability During The Covid-19 Pandemic Krensia Isidora Wea Wea; Ni Luh Anik Puspa Ningsih; Ida Ayu Surasmi
Jurnal Ekonomi dan Bisnis Jagaditha Vol. 10 No. 1 (2023): Jurnal Ekonomi & Bisnis JAGADITHA
Publisher : Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/jj.10.1.2023.9-17

Abstract

Covid-19 has a crucial impact on various industrial sectors in Indonesia. One of the sectors affected is banking. Companies are guided to maintain maximum performance. Profitability is one indicator that reflects the company's performance. Profitability is the company's ability to earn profits during a certain period. In achieving maximum profitability, banks need to optimize the internal company that plays a role in achieving profitability. This study aims to examine the effect of Non Performing Loans (NPL), Loan to Deposit Ratio (LDR) on Return on Assets (ROA) through Net Interest Margin (NIM). The population of this research is the banking industry companies in Indonesia. The population in this study are 29 banks listed on the IDX. The method used in this study is a purposive sampling method, a sample of 24 banks listed on the Indonesia Stock Exchange was obtained. The data analysis technique used is path analysis. The findings of this study are that LDR has a significant negative effect on NIM, but a significant positive effect on ROA. NPL has a significant negative effect on NIM, and a significant negative effect on ROA. NIM was found to be able to partially mediate the effect of LDR on ROA. NIM mediates some of the NPL against ROA. The predictive ability of these three variables on ROA in this study was 22.5%, while the remaining 77.5% was influenced by other factors which were not included in the research model.
OPTIMALISASI PROFITABILITAS PERBANKAN MELALUI PENGELOLAAN KECUKUPAN MODAL DAN LIKUIDITAS SERTA RISIKO KREDIT Made Kusuma Wardani; Ni Luh Anik Puspa Ningsih; Made Pratiwi Dewi
KRISNA: Kumpulan Riset Akuntansi Vol. 12 No. 2 (2021): KRISNA: Kumpulan Riset Akuntansi
Publisher : Faculty of Economics and Business, Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/kr.12.2.2021.320-327

Abstract

As an intermediary institution, Bank’s function is to receive and distribute funds and involve on other financial transactions. In facing competition in the banking industry, bank should have a stable and increase their performance. One measure of achieving bank performance is profitability. Profitability is the company's ability to generate profits. The purpose of this study is to analyze the optimization of bank profitability through managing capital adequacy and liquidity and credit risk. This study examines one of microfinance institution, which is called BPR. The population of this study are 136 BPR in Bali. With the purposive sampling method a sample consist of 39 companies. This study uses secondary data from BPR financial statements and analyze with Path Analysis. The results of the research found, (1) Capital Adequacy has a positive and significant effect on profitability, (2) Liquidity has a positive and significant effect on profitability, (3) Credit risk has a negative and significant effect on profitability, (4) Capital Adequacy has a positive and significant effect on Credit Risk, (5) Liquidity has a negative and insignificant effect on Credit Risk, (6) Credit Risk is not able to mediate capital adequacy to the value of Profitability (7) Credit Risk does not mediate liquidity towards Profitability
FINANCIAL LEVERAGE, PROFITABILITAS DAN NILAI PERUSAHAAN (STUDY PADA INDUSTRI MAKANAN DAN MINUMAN DI INDONESIA) Ni Luh Anik Puspa Ningsih; Ni Wayan Eka Novia
KRISNA: Kumpulan Riset Akuntansi Vol. 14 No. 2 (2023)
Publisher : Faculty of Economics and Business, Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/kr.14.2.2023.216-223

Abstract

The establishment of a business has long-term goals, sustainability and maximizing firm value. The food and beverage industry is required to be able to compete and have an optimal performance which is reflected in the firm value. This is one aspect that is used as a benchmark for investors in assessing a company. Firm Value is influenced by various financial factors including financial leverage and profitability. The aim of this study is to analyze the maximization firm value through financial leverage and profitability in the food and beverage industry on the Indonesia Stock Exchange. The population of this study is all companies listed in the food and beverage industry on the Indonesia Stock Exchange for the period 2017 – 2021 as many as 26 companies. Using the purposive sampling method, the research sample was obtained as many as 15 companies. The method of collecting data is by documentation study so that secondary data is obtained from the official website of the Indonesia Stock Exchange. The analytical technique of this research is multiple linear regression and found that financial leverage and profitability individually have a positive and significant effect on the firm value of the Food and Beverage Industry companies listed in the Indonesia Stock Exchange.
INTERAKSI LEVERAGE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN MELALUI DIVIDEND POLICY anik puspa; Ni Luh Anik Puspa Ningsih; Made Pratiwi Dewi
Warmadewa Management and Business Journal (WMBJ) Vol. 3 No. 1 (2021)
Publisher : Fakultas Ekonomi Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/wmbj.3.1.2021.1-11

Abstract

Firm value is a reflection of company performance which is explicitly shown through share prices. The stock price is one of the parameters for investors in investing. The higher the stock price, the better the company's performance. This study aims to analyze the interaction of firm value with other financial variables as reflected in the company's financial statements, namely leverage, profitability and dividend policy, which are also considered by investors in long-term investment. The population in this study were Food and Beverages companies on the IDX from 2017 to 2019. The population of this study was 31 Food and Beverages companies, the sampling technique using purposive sampling method was obtained as many as 19 sample companies. Data analysis using path analysis techniques. The findings of this study: (1) Leverage has a positive and significant effect on firm value, (2) Leverage has a negative and significant effect on dividend policy. (3) Profitability has a positive andsignificant effect on firm value, (4) Profitability has a positive and significant effect on dividend policy, (5) Dividend policy has a positive and insignificant effect on firm value. (6) Leverage has a positive and significant effect on firm value through dividend policy mediation. (7) Profitability has a positive and significant effect on firm value through dividend policy mediation.
PENGARUH MOTIVASI, DISIPLIN KERJA DAN LINGKUNGAN KERJA TERHADAP KINERJA KARYAWAN PADA BUMDES EKA BUDI SAKTI DI DESA SERAYA Ni Made Eka Kristianti; Ni Luh Anik Puspa Ningsih; Ni Kadek Sioaji Yamawati
Warmadewa Management and Business Journal (WMBJ) Vol. 6 No. 1 (2024)
Publisher : Fakultas Ekonomi Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/wmbj.6.1.2024.27-39

Abstract

As a Village-Owned Enterprise (BUMDES) it has an important task in optimizing village potential in order to realize village development. This research aims to determine the influence of motivation, work discipline and work environment on employee performance at BUMDES Eka Budi Sakti in Seraya Village. The research uses quantitative data types. The sampling method used a saturated sampling technique, with a sample size of 41. The analysis method used was multiple linear regression analysis with the help of the SPSS version 26.0 for Windows program. Based on the research results, it was found that motivation has a significant positive effect on employee performance, work discipline has a significant positive effect on employee performance, the work environment has a significant positive effect on employee performance and employee performance at BUMDES Eka Budi Sakti in Seraya Village is influenced by motivation, work discipline and the environment the remaining work is influenced by other variables
PENGARUH PROFITABILITAS DAN KEPUTUSAN INVESTASI SERTA KEPUTUSAN PENDANAAN TERHADAP NILAI PERUSAHAAN SEKTOR PERTAMBANGAN DI INDONESIA Ni Putu Taris Aprilia Dewi; Ni Luh Anik Puspa Ningsih; Made Pratiwi Dewi
Warmadewa Management and Business Journal (WMBJ) Vol. 7 No. 2 (2025)
Publisher : Fakultas Ekonomi Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/wmbj.7.2.2025.71-78

Abstract

The high potential of the mining sector has led to an increase in investment. Investors consider the value of a company before investing their capital, which is reflected in the PBV value. Fluctuations in PBV values result in differences in the value of each mining company. An increase in PBV values indicates that a company has successfully realized its value and provided prosperity for investors. The purpose of this study is to analyze the influence of profitability, investment decisions, and financing decisions on the value of mining companies listed on the Indonesia Stock Exchange (IDX) for the period 2021-2023. A total of 28 companies were selected as samples using purposive sampling techniques. The data analysis technique in this study uses Multiple Linear Regression Analysis processed using SPSS. Profitability has a negative and significant partial effect on Firm Value. Investment Decisions have a positive but insignificant partial effect on Firm Value. Financing Decisions have a negative and significant partial effect on Firm Value. The results of this study indicate that Profitability, Investment Decisions, and Financing Decisions have a positive and significant simultaneous effect on Firm Value.
Transforming Financial Performance In Culinary SMEs: The Impact Of Organizational Culture And CSR On Financing Decisions Dewa Ayu Inten Mahaputri; Ni Luh Anik Puspa Ningsih; Ni Wayan Sitiari
Warmadewa Management and Business Journal (WMBJ) Vol. 8 No. 1 (2026)
Publisher : Fakultas Ekonomi Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/wmbj.8.1.2026.78-95

Abstract

Small and Medium Enterprises (SMEs) play a crucial role in supporting Indonesia’s economy, including in Bali Province, which is widely recognized as a national tourism hub. Among the dominant sectors, culinary SMEs significantly contribute to employment and economic growth. However, these enterprises continue to face challenges in maintaining financial performance due to limited innovation, digitalization, and access to financing. This study aims to examine the influence of organizational culture and Corporate Social Responsibility (CSR) on financing decisions and financial performance among culinary SMEs in Bali, with financing decisions serving as a mediating variable. A quantitative approach was employed using Partial Least Squares (PLS) as the analytical tool. The respondents consisted of 100 owners or managers of culinary SMEs in Bali, selected through a structured questionnaire survey. The findings reveal that organizational culture does not have a significant effect on either financial performance or financing decisions, suggesting that local cultural values, such as jengah, taksu, and menyamabraya, have not yet been effectively translated into financially impactful business strategies. Conversely, CSR demonstrates a positive and significant influence on both financial performance and financing decisions, indicating that social and environmental commitment enhances trust and improves access to funding for SMEs. Furthermore, financing decisions have a positive and significant impact on financial performance, serving as a mediating mechanism in the relationship between CSR and financial performance.
Analisa Kepuasan Mahasiswa terhadap Kualitas Pelayanan Pendidikan Ni Luh Anik Puspa Ningsih; Dewa Ayu Putu Niti Widari; I Made Artawan
WACANA EKONOMI (Jurnal Ekonomi, Bisnis dan Akuntansi) Vol. 19 No. 1 (2020)
Publisher : Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/we.19.1.1403.24-29

Abstract

Abstract-During the learning process, students have experience with educational services at the University. This experience will create a perspective on the quality of education services provided. This will be related to the level of student satisfaction. This level of satisfaction will made an opinions. That generally will quickly spread, to family, friends and society. Bad opinion will affect the University's image, so it is important to analyze student satisfaction. A survey are held to gain information about student satisfaction.. This research was conducted at Warmadewa University, a private university in Denpasar, Bali. Survey results are summarized in the index of student satisfaction with the quality of education services at Warmadewa University. Based on the dimensions of service quality, namely tangibles, reliability, empathy, responsiveness, assurance students feel "satisfied". The overall survey results show that students assess the quality of education services at a "satisfying" level. Keywords: Student Satisfaction; Educational Service Quality Abstrak-Selama proses pembelajaran, mahasiswa memiliki pengalaman terkait pelayanan pendidikan di Universitas. Pengalaman ini menciptakan persepsi terhadap kualitas pelayanan pendidikan yang akan membentuk kepuasan bagi mahasiswa. Tingkat kepuasan tertentu akan membentuk opini. Ini akan menyebar dengan cepat, pada keluarga, teman dan masyarakat. Persepsi yang buruk akan mempengaruhi citra Universitas. Tujuan dari penelitian ini untuk menganalisa tingkat kepuasan mahasiswa terhadap kualitas pelayanan pendidikan di Universitas. Populasi penelitian ini adalah seluruh mahasiswa aktif Penelitian ini dilakukan di Universitas Warmadewa, Denpasar, Bali. Penelitian dilakukan dengan metode survey. Hasil survey terangkum dalam indeks kepuasan mahasiswa terhadap kualitas pelayanan pendidikan di Universitas Warmadewa. Berdasarkan dimensi kualitas layanan yaitu bukti fisik, kehandalan, empati, daya tanggap dan jaminan, mahasiswa merasa “puas”. Hasil survey keseluruhan menunjukkan bahwa mahasiswa menilai kualitas layanan pendidikan pada tingkat “memuaskan” Kata kunci : Kepuasan Mahasiswa ; Kualitas Pelayanan Pendidikan
Analisis Fundamental Sebagai Prediktor Harga Saham Sektor Telekomunikasi Ni Made Santini; Ni Luh Anik Puspa Ningsih; Ita Sylvia Azita Azis
WACANA EKONOMI (Jurnal Ekonomi, Bisnis dan Akuntansi) Vol. 20 No. 1 (2021)
Publisher : Universitas Warmadewa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22225/we.20.1.3070.11-17

Abstract

Pesatnya perkembangan dan pertumbuhan perekonomian menuntut perusahaan untuk meningkatkan kinerja usahanya.Perusahaan dengan kinerja baik secara umum tercermin melalui harga sahamnya.Hal ini menjadikan harga saham sebagai salah satu preferensi investor dalam berinvestasi.Pendalaman terhadap perkembangan harga saham dapat melalui analisis fundamental perusahaan.Tujuan dari penelitian ini untuk menganalisis faktor fundamental perusahaan terhadap harga saham.Penelitian dilakukan pada sector telekomunikasi di BEI, dengan periode pengamatan 2017 – 2019.Adaoun jumlah populasi dan sekaligus menjadi sampel perusahaan sejumlah 5 emiten. Penelitian ini mempergunakan data sekunder dan teknik analisis regresi linier berganda, Temuan penelitian ini dari 5 (lima) rasio yang dipergunakan, current ratio, debt to equity ratio, dan earning per share secara individual berpengaruh tidak signifikan terhadap harga saham, gross profit margin berpengaruh positif signifikan terhadap harga saham dan rasio total asset turn over yang berpengaruh negatif signifikan terhadap harga saham perusahaan telekomunikasi di BEI.
Co-Authors A.A. Media Martadiani, A.A. Media Agus Pandu Bastian Agus Santosa Anak Agung Gede Raka Gunawarman Anak Agung Sri Agung Aryastuti anik puspa anik puspa Asri Lestarini Ayu Sita Laksmi Azis, Ita Sylvia Azita Cahyawati, Putu Nita Cokorda Krisna Yuda Darma Kotama, I Nyoman Darma, I Ketut Dewa Ayu Inten Mahaputri Dewa Ayu Kadek Claria Dewa Gede Semara Edi, Dewa Gede Semara Dewi, Made Pratiwi Dewi, Made Pratiwi Gde Candra Yogiswara Gde Candra Yogiswara Gede Krisna Mahartajaya I Ketut Darma I Ketut Sugihantara I Komang Try Satriawan Korry I Made Artawan I Putu Artha Yasa Wijaya I Wayan Dedek Surya Mahadipa I Wayan Parwata Ida Ayu Sasmitha Putri Ida Ayu Surasmi Ida Ayu Surasmi Ida Bagus Udayana Putra Karyati, Ni Kadek Tata Kevin Ken Krensia Isidora Wea Wea Kristianti, Ni Made Eka Linggasani, Made Anggita Wahyudi Luh Gede Sri Artini Luh Putu Indiani Made Kusuma Wardani Made Pratiwi Dewi Made Pratiwi Dewi Mustika, Rhenasya Oktiani Ni Luh Made Mahendrawati Ni Luh Putu Indiani Ni Luh Putu Sriastiti Ni Made Eka Kristianti Ni Putu Erlin Pramesti Ni Putu Ratih Pradnyaswari Anasta Putri Ni Putu Rediatni Giri Ni Putu Rediatni Giri Ni Putu Rossa Cempaka Dewi Ni Putu Taris Aprilia Dewi Ni Wayan Eka Novia Ni Wayan Kasni, Ni Wayan Ni Wayan SITIARI Nitiwidari, Dewa Ayu Putu Novia, Ni Wayan Eka Pande Ayu Naya Kasih Permatananda Prabawa, Made Suryanatha Pradnyawati, Luh Gede Pratiwi, Ni Made Widya Putri, Ni Putu Ratih Pradnyaswari Anasta Putu Dyah Pradnya Paramitha Putu Hella Mey Artha Putu Ngurah Suyatna Yasa Putu Nita Cahyawati Putu Nita Cahyawati Sang Ayu Made Putri Suryani, Sang Ayu Made Putri Santini, Ni Made Sarmawa, I Wayan Gde Sastrawan, Wirya Setini, Made Sugiati, Gusti Ayu Surasmi, Ida Ayu Trisnadewi, AA Ayu Erna Wicaksana, Gde Bagus Andhika Widari, Dewa Ayu Putu Niti Widiastari, Ketut Ayu YAMAWATI, Ni Kd. Sioaji