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COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE OF SPECIAL HAJJ TRIPS, TRIPS UMRAH AND HALAL TRAVEL TOUR AT PT BIOTA WISATA TOUR & TRAVEL PERIOD 2018-2022 Arminda Makria Unan; Sultan Sarda; Alamsjah, Alamsjah
International Journal of Economic Research and Financial Accounting Vol 2 No 3 (2024): IJERFA APRIL 2024
Publisher : CV. AFDIFAL MAJU BERKAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55227/ijerfa.v2i3.130

Abstract

This research aims to examine the comparison of financial performance between Special Hajj, Umrah and Halal Tour trips at PT Biota Wisata Tour & Travel for the 2018-2022 period. The variables used to compare financial performance are Current Ratio (CR), Debt to Asset Ratio (DAR), Debt to Equity Ratio (DER), Long Term Debt to Equity Ratio (LDR), Net Profit Margin (NPM), Operating Profit Margin (OPM), Return On Equity Ratio (ROE), and Total Asset Return Over (TATO). This type of research is comparative research and the research sample is in the form of financial reports from 3 travel activities, namely Special Hajj, Umrah and Halal Tour. The sample was selected based on travel business activities at PT Biota Wisata Tour & Travel. The analytical method used is analysis of liquidity, solvency, profitability and activity ratios and a two-average difference test (Independent Sample test). The results of research using the difference between two means test show that there is no significant difference in financial ratios consisting of CR, DAR, DER, LDR and ROE between Special Hajj, Umrah and Halal Tour trips at PT Biota Wisata Tour & Travel during the research period. Meanwhile, NPM, OPM and TATO have significant differences between the three in the research period. Overall, the financial performance of Halal Tour trips is better than Special Hajj and Umrah trips at PT Biota Wisata Tour & Travel in the research period.
THE INFLUENCE OF VILLAGE FUND MANAGEMENT ON THE WELFARE OF THE COMMUNITY OF BOTTO MALLANGGA VILLAGE, MAIWA DISTRICT ENREKANG DISTRICT Nur Rezki Amalia; Wa Ode Rayyani; Alamsjah, Alamsjah
International Journal of Economic Research and Financial Accounting Vol 2 No 3 (2024): IJERFA APRIL 2024
Publisher : CV. AFDIFAL MAJU BERKAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55227/ijerfa.v2i3.135

Abstract

This research aims to describe: Testing the Effect of Village Fund Management on the Welfare of the Community of Botto Mallangga Village, Maiwa District, Enrekang Regency. The type of research used in this research is quantitative research. The population in this study was the people of Botto Mallangga village, Maiwa sub-district, Enrekang district. The sampling technique uses the Slovin formula. The sample in this research was the Botto Mallangga village community. The number of samples processed in this research was 95 samples. In this research, the data sources used in data collection include primary data. The research instrument used in this study used a Likert scale. Based on the results of research using statistical calculations through the Statistical Package for the Social Science (SPSS) version 22 application regarding the influence of service quality on village fund management on community welfare, it shows that village fund management has a positive and significant effect on community welfare. This is indicated by the calculated t value of 8.137 which is greater than the t table of 1.986 with a determination test value of 0.416 with a positive relationship
ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA Sari, Wulan Eka; Sarda, Sultan; Alamsjah, Alamsjah
IJMA (Indonesian Journal of Management and Accounting) Vol 5, No 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Alma Ata

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21927/ijma.2024.5(2).265-273

Abstract

Tujuan penelitian ini adalah untuk mengetahui dan menganalisis hasil prediksi metode Altman Z-Score dalam memprediksi financial distress pada perusahaan pertambangan sub sektor minyak dan gas bumi yang terdaftar di Bursa Efek Indonesia periode 2020-2022. Populasi dalam penelitian ini ada 13 perusahaan yang terdaftar di Bursa Efek Indonesia. Sampel penelitian yang terpilih berdasarkan kriteria ada 10 perusahaan yang terdaftar di Bursa Efek Indonesia periode 2020-2022. Teknik yang digunakan untuk mengumpulkan data dalam penelitian ini adalah metode study pustaka yang berasal dari buku, jurnal atau artikel dan metode dokumentasi dengan menggunakan sumber data sekunder (laporan keuangan) periode 2020-2022. Berdasarkan hasil analisis prediksi financial distress  menggunakan metode Altman Z-Score perusahaan pertambangan sub sektor minyak dan gas bumi periode 2020-2022, penulis menarik kesimpulan bahwa terdapat 5 perusahaan yang diprediksi bangkrut yaitu; PT APEX pada tahun 2021 dan 2022, PT ENRG selama tiga tahun berturut-turut, PT ESSA pada tahun 2020, PT MITI pada tahun 2020 dan PT PKPK selama tiga tahun berturut-turut. Adapun beberapa perusahaan pertambangan sub sektor minyak dan gas bumi yang diprediksi berada di grey area (tidak dapat ditentukan apakah perusahaan tersebut sehat ataupun mengalami financial distrees yaitu; PT MEDC dalam tiga tahun berturut-turut, PT APEX pada tahun 2020, PT ESSA pada tahun 2021, PT SURE pada tahun 2022, dan PT RUIS pada tahun 2020  dan 2021. Perusahaan pertambangan sub sektor minyak dan gas bumi yang berada di zona aman (non distress) yaitu; PT ESSA pada tahun 2022, PT ELSA dalam tiga tahun berturut-turut, PT MITI pada tahun 2021 dan tahun 2022, dan PT RUIS pada tahun 2022, dan PT WOWS selama tiga tahun berturut-turut.
PENERAPAN STRATEGI DALAM MENINGKATKAN KEPUASAN KERJA TENAGA PENDIDIK PADA UPT SPF SDI KASSI-KASSI I KECAMATAN RAPPOCINI KOTA MAKASSAR Puspitasari, Nur Fajriani; Andayaningsih, Sri; Alamsjah, Alamsjah
Journal of Management and Innovation Entrepreneurship (JMIE) Vol. 1 No. 3 (2024): April
Publisher : Yayasan Nuraini Ibrahim Mandiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59407/jmie.v1i3.682

Abstract

This research aims to find out how to implement strategies to increase the job satisfaction of teaching staff at UPT SPF SDI Kassi-Kassi I, Rappocini District, Makassar City. This research is descriptive qualitative in nature, trying to describe the research results as they are. Data collection techniques using observation, interviews and documentation. The data obtained is then processed in the form of words or text which is then expressed in descriptive form. The subjects of this research are teaching staff, while the objects of this research are all activities related to implementing strategies to increase job satisfaction of teaching staff at UPT SPF SDI Kassi-Kassi I. The results of this research explain that there are six strategies implemented at UPT SPF SDI Kassi-Kassi I, Rappocini District, Makassar City in increasing the job satisfaction of teaching staff, namely: establishing effective communication between colleagues by communicating all activities that will be held at school, providing opportunities for teachers to take part in training and development, for example bringing in speakers to conduct KKG, reward and appreciation that are given by school principals to teaching staff, conductive working environment conditions characterized by complete learning facilities, but in terms of school security still needed to be improve, paying attention to work-life balance by dividing time so that work demands and personal matters can be carried out well, and finally participation in decision making where teaching staff are always given the opportunity by the school principal to provide input every time a meeting is held. Keywords: Strategy Implementation and Increased Job Satisfaction
PENGARUH KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL DAN KEPEMILIKAN ASING TERHADAP KINERJA KEUANGAN PERUSAHAAN PADA SEKTOR KEUANGAN DI BURSA EFEK INDONESIA Ahzan, Andi Amal; Alamsjah, Alamsjah; Nasrullah, Nasrullah
Jurnal Ekonomi Sakti Vol 14 No 1 (2025)
Publisher : LPPM - STIE SAKTI ALAM KERINCI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36272/jes.v14i1.404

Abstract

This research aims to see the effect of managerial ownership, institutional ownership and foreign ownership on corporate financial performance in the financial sektor of the Indonesia Stock Exchange for the 2021-2023 period. This type of research is quantitative research. In this research, the data source used is secondary data. The sampling technique in this study used purposive sampling. Samples that meet the criteria are 102 samples. The data analysis method used in this study is multiple regression analysis using the SPSS 30 statistical tool. The result of this study partially indicates that the managerial ownwership has a significant positive effect and foreign ownership has a significant positive effect on financial performance, while institutional ownership has no signifficant effect on financial performance.
Pengaruh Struktur Modal dan Pengelolaan Utang Terhadap Likuiditas Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Periode 2021-2023 Irmawati, Irmawati; Muttalib, Abdul; Alamsjah, Alamsjah
YUME : Journal of Management Vol 8, No 2 (2025)
Publisher : Pascasarjana STIE Amkop Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/yum.v8i2.8648

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh struktur modal dan pengelolaan utang terhadap likuiditas Perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Populasi dalam penelitian ini berjumlah 47 perusahaan dengan jumlah sampel sebanyak 45 perusahaan. Metode penelitian yang digunakan adalah kuantitatif dengan menggunakan Data Sekunder yaitu berupa laporan keuangan Perusahaan perbankan yang terdaftar di Bursa Efek Indonesia Periode 2021-2023. Teknik analisis data regresi liniear berganda dan uji t serta uji f dengan menggunakan SPSS 24 . Hasil penelitian ini menunjukkan bahwa Struktur Modal memiliki pengaruh positif dan signifikan terhadap Likuiditas, yang berarti bahwa semakin optimal pengelolaan modal perusahaan, semakin baik likuiditasnya. Selain itu, Pengelolaan Utang juga memiliki pengaruh positif dan signifikan terhadap likuiditas, yang menunjukkan bahwa manajemen utang yang efisien dapat meningkatkan kemampuan bank dalam memenuhi kewajiban keuangannya. Secara simultan, Struktur Modal dan Pengelolaan Utang bersama-sama berkontribusi terhadap Likuiditas perbankan, yang berdampak pada stabilitas keuangan dan kepercayaan investor di pasar modal.Kata kunci : Struktur Modal, Pengelolaan Utang, Likuiditas, Bursa Efek  Indonesia.
Desain Produk dan Infiltrasi Teknologi untuk Meningkatkan Penjualan Gula Merah pada Industri Rumah Tangga di Desa Bolli Kabupaten Bone Ramly, Ramly; Alamsjah, Alamsjah; Jumliana, Melsa; Ramdhani, Aura; Syafiqah, Nurul
Jurnal Pengabdian kepada Masyarakat Nusantara Vol. 6 No. 4 (2025): Edisi Oktober - Desember
Publisher : Lembaga Dongan Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55338/jpkmn.v6i4.7123

Abstract

Pengabdian ini bertujuan untuk mendorong terwujudnya ekonomi kreatif melalui pelatihan dan pendampingan desain produk dan infiltrasi teknologi untuk meningkatkan penjualan gula merah. Kegiatan dilakukan dengan lima tahapan yaitu mulai dari observasi, sosialisasi, pelatihan, penerapan teknologi serta pendampingan dan evaluasi. Pengabdian ini dilakulan karena keterbatasan pengetahuan mitra sasaran dalam desain produk dan penggunaan teknologi modern dalam menjalankan kegiatan usahanya. Pengabdian dilakukan di Desa Bolli Kabupaten Bone, pada industri rumah tangga pembuatan gula merah milik Bapak Sudirman. Pendekatan yang digunakan adalah pastisipatif kolaboratif, dimana mitra dilibatkan secara aktif dalam setiap tahapan kegiatan. Metode yang digunakan meliputi, observasi, wawancara dan pelatihan serta pendampingan.  Dalam kegiatan pengabdian ini terdapat 5 materi yang dibawakan yaitu tentang desain produk, penerapan teknologi pengaduk gula merah aren, manajemen keuangan harga pokok penjualan, kewirausahaan dan digital marketing. Hasil pengabdian masyarakat yang dilakukan berupa kemasan produk yang memiliki desain dan keterampilan mitra sasaran dalam menggunakan teknologi pengaduk gula merah aren sehingga dapat memudahkan dalam produksi serta meminimalkan risiko kecelakaan kerja.  Pengabdian ini juga memberikan dampak terhadap peningkatan pengetahuan masyarakat terkait kewirausahaan, manajemen keuangan dan digital marketing.
The Effect of Implementing an Auction Item System and Social Factors on Profit and Loss Reports at PT. Pegadaian UPC Sukaria Az Zahra, Nurfelissha; Alamsjah, Alamsjah; Syah, Firman
Journal Social Society Vol. 6 No. 2 (2026): April - Juni 2026
Publisher : Pustaka Digital Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54065/jss.6.2.2026.933

Abstract

This study highlights the importance of auction systems and social factors in improving financial performance, operational efficiency, profitability, business sustainability, and contributing to empirical research on corporate auction mechanisms. The research adopts a quantitative descriptive–verificative approach conducted at PT Pegadaian (Persero) Sukaria UPC, Makassar. The study population consists of auction and financial records, with purposive sampling applied to select relevant data for analysis. Data collection is carried out using financial documents and structured questionnaires designed to measure social factors such as trust, perceived fairness, and awareness of the auction process. The questionnaires apply a Likert scale to ensure consistency in capturing respondents’ perceptions. Data analysis utilizes descriptive and inferential statistical methods, supported by classical assumption tests to ensure the validity and reliability of the regression model. The analytical procedures include descriptive statistics, simple linear regression analysis, normality testing, heteroscedasticity testing, and multicollinearity testing. A simple linear regression model is specifically employed to examine the effect of auction item implementation on profit and loss. The findings indicate that auction items have a positive and highly significant effect on profit and loss. The regression coefficient of 1.375, supported by a t-value of 9.235 and a p-value below 0.001, demonstrates a strong relationship between the value of auctioned items and financial performance. The F-test confirms the overall model’s statistical significance, with an F-value of 85.292 and a p-value below 0.001. The coefficient of determination (R²) of 0.914 indicates that 91.4% of the variation in profit and loss is explained by auction item value. These results highlight the effectiveness of auction mechanisms in increasing profitability and provide practical and theoretical insights into the relationship between auction systems, social dynamics, and financial performance.
Financial Statement Analysis to Evaluate the Financial Performance of PT Astra International Tbk Nurtika, Fitrianti; Alamsjah, Alamsjah; Syahriani, A. Tenri
Journal Social Society Vol. 6 No. 2 (2026): April - Juni 2026
Publisher : Pustaka Digital Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54065/jss.6.2.2026.1030

Abstract

This study is urgent because evaluating the financial performance of PT Astra International Tbk through financial statement analysis provides critical insights into the company’s financial resilience, strategic effectiveness, and sustainability amid economic uncertainty and intense industry competition. This study analyzes the financial performance of PT Astra International Tbk over the 2019–2023 period using a descriptive quantitative approach based on secondary financial data published by the Indonesia Stock Exchange (IDX). The purpose of this research is to evaluate the company’s financial condition through four key financial ratio categories: liquidity, solvency, profitability, and activity. Time series analysis was employed to identify trends and changes occurring across the five-year period. The findings indicate that PT Astra International Tbk maintained strong liquidity, as reflected by consistently favorable current and quick ratios, despite slight declines beginning in 2022. Solvency analysis shows that the company gradually reduced its debt burden until 2022, although a modest increase in 2023 suggests renewed reliance on external financing. Profitability ratios including gross profit margin, net profit margin, and return on assets demonstrated notable improvement following the economic disruption of 2020, indicating effective cost management and enhanced operational efficiency. Activity ratios also showed positive trends, with asset turnover and inventory turnover reflecting efficient utilization of resources and strong sales performance. Overall, the study concludes that PT Astra International Tbk exhibited resilient and improving financial performance throughout the observation period, supported by prudent financial management and adaptive strategies in response to macroeconomic challenges. These results highlight the importance of integrated financial ratio analysis for assessing corporate financial health and informing strategic business decisions.
Pengaruh Return On Assets, Current Ratio, Debt To Equity Ratio Terhadap Harga Saham Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Saskia Anastasya Dwi Putri; Alamsjah, Alamsjah; A.Tenri Syahriani
Jurnal Publikasi Ekonomi dan Akuntansi Vol. 5 No. 3 (2025): September : Jurnal Publikasi Ekonomi dan Akuntansi (JUPEA)
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51903/jupea.v5i3.4070

Abstract

This study aims to analyze the influence of Return on Assets (ROA), Current Ratio (CR), and Debt to Equity Ratio (DER) on stock prices during the period 2019–2023. The research method employed a quantitative approach with multiple linear regression analysis. The sample was selected using purposive sampling technique. The results of the study indicate that, partially, ROA has a significant influence on stock prices, while CR and DER do not show any significant effect. These findings suggest that among the financial ratios examined, only ROA serves as a relevant indicator that influences investor decisions, whereas CR and DER do not have a substantial impact on stock price fluctuations.