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The Impact of Research and Development Spending on Firm Value Moderated by Product Diversification Trianti, Khoiriyah; Rahmawati, Noni Mia; Aini, Yulis Nurul
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 4, No 3 (2021): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v4i3.2480

Abstract

The objective of the study is to examine research and development spending on firm value. In addition, the study aims to examine whether the product diversification may moderate the impact of research and development spending on firm value. This study uses secondary data drawn from the company's financial statements and processed using SPSS software aplication with hierarchical regression analysis of the data. The results of the study show research and development spending has a significant impact on firm value. Product diversification strengthens the impact of the research and development on the firm value. This study supports the theory resource-based view stating that the company is able to manage the resources and capabilities and the company in this case is the innovation it is able to have a competitive advantage among its competitors.
Pengaruh Physical Evidence dan Kualitas Pelayanan terhadap Kepuasan Wisatawan Berkunjung di Wisata Alam Tirtosari View Lumajang Saputri, Nella Yoana; Aini, Yulis Nurul
Jurnal Serambi Ekonomi dan Bisnis Vol 7, No 2 (2024): MARET-AGUSTUS 2024
Publisher : Universitas Serambi Mekkah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32672/jseb.v7i2.8034

Abstract

This study aims to analyze the physical evidence and service quality of Tirtosari View Nature Tourism and their impact on visitor satisfaction. Tirtosari View Nature Tourism offers physical evidence and service quality to its visitors. This research is a descriptive quantitative study with variables including physical evidence, service quality, and visitor satisfaction. Data collection techniques used are questionnaires, observation, and documentation. The questionnaires were distributed using probability sampling with the simple random sampling method, resulting in 100 respondents who visited Tirtosari View Nature Tourism in Lumajang. The data analysis employed includes hypothesis testing and multiple linear regression analysis. The analysis results indicate that both physical evidence (X1) and service quality variables partially and simultaneously influence visitor satisfaction at Tirtosari View Nature Tourism in Lumajang. This is evidenced by the coefficient of determination result of 0.657, which means that there is a positive and significant influence of physical evidence and service quality on visitor satisfaction by 65.7%, with the remaining percentage explained by other factors outside this study. The hypothesis test results for the physical evidence variable (X1) show that tvalue (9.781) ttable (1.984) and significance value 0.015 0.05, and for the service quality variable (X2), tvalue (13.067) ttable (1.984) and significance value 0.000 0.05. Simultaneously, the hypothesis test results show Fvalue (170.748) Ftable (3.09) and significance value 0.000 0.05, meaning the hypothesis in this study rejects Ho and accepts Ha. From the results of this study, it is concluded that the physical evidence and service quality can be enhanced by the management of Tirtosari View Nature Tourism through improved facilities and friendly service, ensuring that visitors feel satisfied when visiting Tirtosari View Nature Tourism.
The Relationship between Macroeconomics and the Jakarta Composite Index (JCI) in Bearish Conditions during COVID-19 Aini, Yulis Nurul; Evelina, Tri Yulistyawati; Alabdullah, Tariq Tawfeeq Yousif; Sulasari, Ayu; Trianti, Khoiriyah
JOURNAL OF HUMANITIES, SOCIAL SCIENCES AND BUSINESS Vol. 4 No. 1 (2024): NOVEMBER
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jhssb.v4i1.1491

Abstract

The purpose of this research is to investigate how macroeconomic factors influence the Composite Stock Price Index (JCI) in times of market decline due to the COVID-19 pandemic. Information for this study will be gathered from official sources such as the Indonesia Stock Exchange, the Central Bureau of Statistics, and Bank Indonesia. The information analyzed consists of monthly data on the Composite Stock Price Index, inflation, and interest rates.   Multiple regression is the method employed in this study. The findings show that inflation has a notable positive impact on the Composite Stock Price Index, causing bearish trends during the COVID-19 pandemic, while interest rates have a significant negative impact, resulting in bullish trends during the COVID-19 pandemic.  
IMPLEMENTASI MEMBANGUN KELUARGA HARMONIS UNTUK MENURUNKAN TINGKAT STRES IBU PKK RW 21 PURWANTORO MALANG Nurtjahjani, Fullchis; Aini, Yulis Nurul; Novitasari, Ane Fany; Basuki, Sugeng
Reswara: Jurnal Pengabdian Kepada Masyarakat Vol 2, No 2 (2021)
Publisher : Universitas Dharmawangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46576/rjpkm.v2i2.948

Abstract

Fenomena kasus perceraian yang terjadi di RW 21 Kelurahan Purwantoro menjadi latar belakang pengabdian ini. Terdapat 3 kasus perceraian yang terjadi di lingkup Ibu-Ibu PKK RW 21. Perlu adanya tindakan agar angka kasus perceraian tidak meningkat dan meresahkan. Perceraian yang terjadi disebabkan oleh ketidakharmonisan keluarga karena sering terjadinya pertengkaran, perdebatan, bahkan kekerasan antar anggota keluarga berdampak buruk pada meningkatnya tingkat stress yang dirasakan oleh anggota keluarga. Tujuan dari pengabdian ini adalah memberikan bekal ilmu pengetahuan dan pemahaman bagi ibu-ibu PKK RW 21 Kelurahan Purwantoro Kota Malang untuk menurunkan tingkat stress dengan menciptakan keluarga yang harmonis. Metode yang digunakan dalam kegiatan pengabdian ini adalah pre-test, transfer pengetahuan, tanya jawab dan diskusi studi kasus serta post-test pada akhir kegiatan. Hasil kegiatan menunjukkan bahwa sebelum pelatihan sebanyak 68% (27 orang) peserta tidak mengetahui tentang tingkat stress, sedangkan setelah dilakukan pemberian materi hanya tersisa 28% (11 orang) peserta yang belum memahami. Dengan demikian dapat disiimpulkan terdapat perbedaan pengetahuan yang dimiliki oleh peserta setelah pemberian materi dan diskusi, terlihat bahwa terdapat peningkatan jumlah peserta sebanyak 40% yang mengerti dan mengetahui tentang tingkat stress setelah pemberian materi dan diskusi. Kegiatan pengabdian ini telah berhasil dalam meningkatkan pengetahuan tentang tingkat stress bagi ibu-ibu PKK RW 21 Kelurahan  Purwantoro kota Malang
Examining the Effects of Smart Destination Management on Tourists’ Satisfaction and Perceived Sustainability in Indonesia: A Structural Equation Model Khalik, Wahyu; Aini, Yulis Nurul; Azizurrohman, Muhammad
STI Policy and Management Journal Vol 10, No 1 (2025): STI Policy and Management
Publisher : National Research and Innovation Agency, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14203/STIPM.2025.419

Abstract

This study examines the influence of smart destination management on tourists’ satisfaction and perceived sustainability in six major destinations in Indonesia: Jakarta, Bandung, Yogyakarta, Malang, Bali, and Lombok. Using the Smart Tourism Destination (STD) framework, this study investigates the effects of smart tourism infrastructure, destination communication, and crowd management experience, with perceived destination accessibility as a mediator and tourists’ digital literacy as a moderator. A total of 380 valid responses were collected through a structured survey and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show that the three core dimensions contribute significantly to enhance tourists’ satisfaction, with perceived accessibility serving as key mediator. Tourists’ satisfaction also strongly predicts perceived sustainability. Digital literacy moderates the smart services’ effectiveness, highlighting the importance of individual readiness. Multi-Group Analysis (MGA) results reveal that crowd management has a significantly stronger impact in islandbased destinations, suggesting the need for context-sensitive strategies. Theoretically, this study expands the STD framework by integrating individual and spatial dimensions. Practically, it offers insights for destination managers to invest in inclusive technologies, support digital literacy, and tailor approaches based on destination types. These findings support the development of smart and sustainable tourism, particularly in emerging economies like Indonesia.
Guidance and Training in Digital Financial Bookkeeping for UMKM (MSME) Batik Kantil Malang Permatasari, Ita Rifiani; Aini, Lilies Nur; Khabibah, Umi; Nurtjahjani, Fullchis; Sinatriya, Jatrifia Ongga; Aini, Yulis Nurul
JOURNAL OF SUSTAINABLE COMMUNITY SERVICE Vol. 5 No. 2 (2025): MARCH
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jscs.v5i2.928

Abstract

Financial bookkeeping and accounting systems are essential for small and medium enterprises (SMEs), even at the smallest scale, despite their often-burdensome perception among many traditional business owners. With advances in technology, financial record-keeping can now be digitized. However, UMKM (MSME) Batik Kantil in Malang continues to face challenges due to its reliance on manual bookkeeping, which results in suboptimal financial records. This community engagement activity aims to provide guidance and training in financial bookkeeping using Microsoft Excel. The target participants are the employees of UMKM Batik Kantil in Malang, and the program employs lectures, tutorials, discussions, and hands-on practice as its primary methods. This initiative is designed to equip UMKM practitioners with the skills to analyze real business transactions and compile comprehensive financial reports.
The Influence of Service Quality and Sales Promotion on Customer Satisfaction at BeSt Sport Wisata Hotel Batu Hanif, Hanif; Afandi, Yosi; Aini, Yulis Nurul
International Journal of Sharia Business Management Vol 4 No 2 (2025): IJSBM: International Journal of Sharia Business Management
Publisher : Sharia Business Management Department of STEBIS Bina Mandiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51805/ijsbm.v4i2.404

Abstract

The rapid development of the tourism sector in Indonesia every year encourages business actors to better understand the needs of tourists. One of the main needs that must be fulfilled is the provision of comfortable and high-quality accommodation. The demand for lodging that can provide comfort as well as optimal service has become an important concern for the hospitality industry. This study aims to analyze the effect of service quality and sales promotion, both partially and simultaneously, on customer satisfaction at BeSt Sport Wisata Batu Hotel. This research is a quantitative study. Data were collected by distributing questionnaires to 80 respondents using a purposive sampling technique. The data were analyzed using multiple regression analysis. The analysis results show that service quality and sales promotion partially have a positive and significant effect on customer satisfaction. The results also show that simultaneously, service quality and sales promotion have a positive and significant effect on customer satisfaction. Both variables make a large contribution to satisfaction, while the remaining influence comes from other factors outside the study. Based on the research findings, it can be concluded that service quality has a significant partial effect on customer satisfaction, while sales promotion also has a significant effect. It is recommended that BeSt Sport Wisata Batu Hotel focus on improving service quality and maintaining sales promotion to build customer satisfaction.
THE RELATIONSHIP BETWEEN DEBT AND TOBACCO EXCISE TAX INCREASES WITH CIGARETTE COMPANY STOCK PRICES Aini, Yulis Nurul; Djajanto, Ludfi; Utami, Rachma Bhakti; Dja'far, Veri Hardinansyah; Fiernaningsih, Nilawati; Zubaidi, Zubaidi
Jurnal Apresiasi Ekonomi Vol 13, No 3 (2025)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31846/jae.v13i3.986

Abstract

The purpose of this research is to determine the relationship between debt policy and tobacco excise tax rates with stock prices. Data sources were obtained from data published on the Indonesia Stock Exchange and company websites. This research uses multiple regression analysis tools. The research found that first, the debt policy variable has a positive effect on the stock price of tobacco company Gudang Garam (GGRM), while for Sampoerna Company, the debt decision contributes negatively to the stock price. Second, the excise tax rate variable has a negative impact on tobacco stock prices. Third, debt policy and excise tax rates simultaneously affect tobacco stock prices. The implications of these findings indicate that company managers must carefully design debt policies to create optimal capital structure, as the effects of debt decisions can vary between companies. Government policies related to excise tax rates have a direct impact on stock market performance in the tobacco industry, meaning that investors and stakeholders must consider regulatory dynamics as an important factor in investment decision-making. The results of this research provide evidence that excise tax rate adjustments not only affect state revenues but also affect the stability and valuation of companies related to the tobacco industry in the capital market.
Kinerja Keuangan Saham Blue Chip Studi Pada Industri Consumer Goods Pro Isreal Aini, Yulis Nurul; Lestari, Baroroh; Nurtjahjani, Fullchis; Djajanto, Ludfi
SKeTsa Bisnis (e-jurnal) Vol 11 No 1 (2024): Sketsa Bisnis
Publisher : Universitas Yudharta Pasuruan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/jsb.v11i1.5425

Abstract

Abstract This study aims to analyze the impact of the MUI Fatwa No. 83 of 2023 boycott on the financial performance of pro-Israel consumer goods companies in Indonesia. The study focuses on three blue-chip companies listed on the Indonesia Stock Exchange: PT Unilever Indonesia Tbk, PT Fast Food Indonesia Tbk, and PT Map Boga Adiperkasa Tbk. The analysis uses profitability ratios (ROE and ROA), liquidity (current ratio), and solvency (debt ratio) over the 2021-2023 period. The results show that PT Unilever Indonesia Tbk has better profitability and asset management performance compared to the other two companies. However, PT Fast Food Indonesia Tbk demonstrates better liquidity ability in meeting short-term obligations. These findings indicate that the impact of the boycott on financial performance varies, with some companies maintaining better performance than others. The study also identifies several limitations, including a limited analysis period and a small sample size. Recommendations for future research include extending the analysis period, involving more companies from various sectors, and considering external factors affecting the financial performance of companies. AbstrakPenelitian ini bertujuan untuk menganalisis dampak boikot Fatwa MUI Nomor 83 Tahun 2023 terhadap kinerja keuangan perusahaan-perusahaan consumer goods yang pro-Israel di Indonesia. Studi ini memfokuskan pada tiga perusahaan blue chip yang terdaftar di Bursa Efek Indonesia, yaitu PT. Unilever Indonesia Tbk, PT. Fast Food Indonesia Tbk, dan PT. Map Boga Adiperkasa Tbk. Analisis dilakukan dengan menggunakan rasio profitabilitas (ROE dan ROA), likuiditas (current ratio), dan solvabilitas (debt ratio) selama periode 2021-2023. Hasil penelitian menunjukkan bahwa PT. Unilever Indonesia Tbk memiliki kinerja profitabilitas dan pengelolaan aset yang lebih baik dibandingkan dua perusahaan lainnya. Namun, PT. Fast Food Indonesia Tbk menunjukkan kemampuan likuiditas yang lebih baik dalam membayar kewajiban jangka pendek. Temuan ini mengindikasikan bahwa dampak boikot terhadap kinerja keuangan perusahaan bervariasi, dengan beberapa perusahaan mampu mempertahankan kinerja yang lebih baik dibandingkan yang lain. Penelitian ini juga mengidentifikasi beberapa keterbatasan, termasuk periode analisis yang terbatas dan jumlah sampel yang kecil. Saran untuk penelitian selanjutnya adalah memperluas periode analisis, melibatkan lebih banyak perusahaan dari berbagai sektor, dan mempertimbangkan faktor-faktor eksternal yang mempengaruhi kinerja keuangan perusahaan.
Development Strategy of Msmes With The Pentahelix Model (A Study on MSMEs in the Malang City) Trianti, Khoiriyah; Kurniati, Rini Rahayu; Widayawati, Eny; Aini, Yulis Nurul
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 2 (2024): Dinasti International Journal of Economics, Finance & Accounting (May - June 20
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i2.2711

Abstract

This research examines the development strategy of MSMEs in Malang City, Indonesia, during the Covid-19 pandemic. The goals are to evaluate the impact of the Pentahelix model on MSMEs, create an analytical model highlighting the role of Pentahelix in enhancing MSME performance, and explore collaborative efforts of stakeholders in empowering the MSME sector. Quantitative research methods, including interviews, observations, and questionnaires, were used to gather data from MSME actors in Malang City. Descriptive analysis was employed to interpret the collected information. Interviews and observations with MSME actors and government representatives were conducted to understand the Pentahelix collaboration. The findings show the significant impact of the pandemic on MSMEs, leading to decreased sales. The Pentahelix model, involving collaboration among the government, private sector, community, academia, and media, is identified as a potential solution. The study highlights the roles of each stakeholder in empowering MSMEs, including government support programs, academic initiatives, business contributions, community networking, and strategic use of social media. In summary, enhancing MSME sales turnover requires collaboration among academics, government, business people, community, and social media. The Pentahelix collaboration empowers MSMEs, with each stakeholder playing a vital role. The research emphasizes the importance of a holistic strategy to improve MSME performance, supported by academics, government, and business sector. These collaborative efforts establish a sustainable business environment for MSMEs in Malang City.