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GOOD CORPORATE GOVERNANCE DAN KARAKTERISTIK PERUSAHAAN SEBAGAI DETERMINAN NILAI PERUSAHAAN MELALUI PROFITABILITAS Ardiani Ika Sulistyawati; Aprih Santoso; Putri Nur Pratiwi; Arief Himawan Dwi Nugroho
JURNAL LENTERA BISNIS Vol 12, No 1 (2023): JURNAL LENTERA BISNIS, Januari 2023
Publisher : POLITEKNIK LP3I JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34127/jrlab.v12i1.692

Abstract

The research objective is to analyze the effect of good corporate governance and company criteria on firm value through profitability. Using the purposive sampling method, the number of samples was 80 data from manufacturing companies in the consumer goods industry sector on the Indonesia Stock Exchange for the 2015-2019 period. The analysis technique uses regression and path analysis. This study proves that partially independent commissioners and profitability affect firm value, while profitability is only able to mediate between independent commissioners and institutional ownership on firm value. The adjusted R square of the profitability variable is 55.55% while the adjusted R square of the company value is 81.10%.Keywords: Good Corporate Governance, Corporate Values
MODELING OF FAILED RISK FACTORS AFFECTING ON NON PERFORMING LOAN TO MSME’S IN PANDEMIC COVID-19 Luhgiatno Luhgiatno; Rauly Sijabat; Aprih Santoso; Nur Laily; Nurhidayati Nurhidayati
EKUITAS (Jurnal Ekonomi dan Keuangan) Vol 6 No 4 (2022)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya(STIESIA) Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24034/j25485024.y2022.v6.i4.5053

Abstract

The contribution of Micro, Small, and Medium Enterprises (MSME) performance has a strategic role as a buffer for the national economy. The economic crisis that has hit Indonesia several times, including during the COVID-19 pandemic, has hit the MSME sector, so the sector is no longer able to repay its loans. Even though at that time the MSME sector was working to fix the classic problems that hampered it is performance. Departing from this phenomenon, this study examines the results of previous studies to map five exogenous variables, namely debt character factors, financial factors, management factors, operational factors as well as market and marketing factors as explanatory variables that allegedly cause MSMEs to experience the risk of failing to pay credit which has an impact on the poor NPL. The results of the SEM analysis of data from 125 MSMEs in Semarang City affected by COVID-19 showed that the high risk of default experienced by MSMEs was caused by debt character factors, financial factors, management factors, operational factors, and poor market and marketing factors which then impact on increasing the NPL ratio.
Kajian Land Value Capture Kota Semarang Aprih Santoso; Indraya Indraya; Emaya Kurniawati
Jurnal Riptek Vol 16, No 1 (2022)
Publisher : Badan Perencanaan Pembangunan Daerah Kota Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (139.086 KB) | DOI: 10.35475/riptek.v16i1.136

Abstract

The purpose of analyzing the application of the Land Value Capture (LVC) approach in infrastructure development. This study uses a qualitative methodology to gain an understanding of the concept of value capture and institutional design approaches in certain contexts. The approach method that will be used to carry out this work is in the form of: inventory, analysis and discussion which can further be in the form of: Desk Study (literature study): best practice, related literature and Primary Survey: direct observation in the field. The results of the study are the following factors: the determinants of the success of the implementation of the LVC policy in Semarang City are very likely to make LVC an alternative funding for infrastructure, however, in order to achieve the successful implementation of LVC, the Semarang City government must be able to overcome various challenges.
Determination Of Debt Financial Behavior In Pandemic Covid-19 Aprih Santoso; Sri Yuni Widowati; Nurhidayati Nurhidayati
Jurnal Riset Manajemen dan Bisnis Vol 6 No 1 (2021)
Publisher : Lembaga Pengembangan Manajemen dan Publikasi Imperium

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (653.454 KB) | DOI: 10.36407/jrmb.v6i1.337

Abstract

This study examines the influence of attitudes, subjective norms and intentions on the behavior of taking credit for small entrepreneurs of Semarang city at the PANDEMI COVID 19. The population of this study includes all small entrepreneurs who take the Wibawa credit in the city of Semarang, amounting to 150 people. The number of samples is 60 people (based on the Slovin formula). The sample selection method is purposive sampling, with the following criteria: 1) small entrepreneurs taking credit for the first time. 2) small entrepreneurs already have families and still have dependents for school children.The analytical tools used are: validity test, reliability test, normality test, classic assumption test (multicolonierity test, heteroscedasticity test, multiple linear regression, hypothesis test (partial t-test and F test - Goodness of Fit test) and the coefficient of determination (R2 ). The results of this study indicate that financial literacy, subjective norms and intentions influence the financial behavior of small entrepreneurs in Semarang City at the PANDEMI COVID 19. The implication of this research is that implementing credit programs should not only focus on low interest rates, but also pay more attention to tenors. It is fitting for the involvement of non-government parties to be the focus of attention as another alternative in debt.
Effect of ROA, CAR, NPF, and BOPO on Mudharabah Financing (Empirical Study of Indonesian Sharia Commercial Banks in 2018-2020) Adhi Widyakto; Aprih Santoso; Risti Ulfi Hanifah; M. Sigit Taruna
Jurnal Maksipreneur Vol 12, No 2 (2023)
Publisher : Universitas Proklamasi 45

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30588/jmp.v12i2.1225

Abstract

The purpose of this study is to empirically examine the effect of return on assets, capital adequacy ratio, non-performing finance, and BOPO ratio on the Mudharabah Financing System. The samples in this study are eight Sharia Banks in Indonesia registered with the Financial Services Authority (OJK) RI in 2018-2020, which were obtained through a purposive sampling technique approach. The data analysis method uses multiple linear regressions. This is indicated by the results of research using the t-test ROA and BOPO have no effect on the Mudharabah Financing system, while CAR and NPF had a significant positive effect on mudharabah's approval of Sharia Banks. Sharia Banks in managing to finance must prioritize the principle of prudence so that bad debts can be controlled.
Kajian Empiris Kinerja Keuangan : Studi pada Perusahaan Otomotif Ardiani Ika Sulistyawati; Aprih Santoso; Antonius Francis Rumapea
Jurnal Ekonomi Efektif Vol 5, No 3 (2023): JURNAL EKONOMI EFEKTIF
Publisher : Universitas Pamulang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32493/JEE.v5i3.29540

Abstract

Penelitian ini dilatarbelakangi fenomena bisnis yang terjadi pada kinerja keuangan perusahaan manufaktur sektor otomotif yang menurun.  Hal tersebut menarik minat peneliti untuk mengetahui apa saja penyebab permasalahan ini. Untuk merumuskan dan menyelesaikan masalah tersebut, peneliti menentukan beberapa konsep diantaranya adalah likuiditas, aktivitas, debt to equty ratio dan ukuran perusahaan sebagai variabel yang mempengaruhi kinerja keuangan. Sampel penelitian sebanyak 30 data dengan menggunakan teknik purposive sampling. Penelitian ini menggunakan alat analisis regresi linier berganda. Hasil penelitian berdasar analisis statistik yang telah dilakukan ini mendapatkan bahwa likuiditasi, debt to equty ratio, dan ukuran perusahaan tidak berpengaruh terhadap kinerja keuangan perusahaan. Variabel yang berpengaruh terhadap kinerja keuangan dalam penelitian ini adalah aktivitas perusahaan.
IMPLIKASI TERHADAP OPINI AUDIT GOING CONCERN: FAKTOR-FAKTOR YANG MEMPENGARUHINYA PADA EMITEN MANUFAKTUR DI INDONESIA Saifudin Saifudin; Aprih Santoso; Ardiani Ika Sulistyawati; Rahmanda Hasna Putri
JAKA (Jurnal Akuntansi, Keuangan, dan Auditing) Vol 4, No 1 (2023): JAKA (Jurnal Akuntansi, Keuangan, dan Auditing)
Publisher : Universitas Dian Nuswantoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56696/jaka.v4i1.8308

Abstract

This study aims to test and prove the effect of Audit Quality, Debt Ratio, Company Size, Audit Lag on Going Concern Audit Opinion in manufacturing companies that have been listed on the Indonesia Stock Exchange from 2017 to 2021. The financial statements tested are financial statements that have been through the auditing process by the Public Accounting Firm and the financial statements ending on 31 December. The research data was collected using the purposive sampling method by downloading data through the official IDX website. This study uses logistic regression analysis techniques. The results showed that the independent variables Debt Ratio and Audit Lag had a positive effect on Going Concern Audit Opinion. while the independent variables Audit Quality and Company Size do not have a positive effect on Going Concern Audit Opinion.
Investigate the Root Determinants of Examiner Performance Ikhwan Wicaksono; Indarto Indarto; Aprih Santoso
SENTRALISASI Vol. 12 No. 2 (2023): Sentralisasi
Publisher : Universitas Muhammadiyah Sorong

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33506/sl.v12i2.2382

Abstract

The purpose of the study was to analyze and empirically prove the effect of work stress, workload, work discipline on the examiner's performance with work motivation as a mediating variable at the Central Java Provincial BPK Representative. This type of research is Explanatory Research, which is to clarify the relationship between research variables and test hypotheses that have been formulated with a quantitative approach. The research method used is a survey method. The population in this study were all employees of the Central Java Provincial BPK who served in the Examination Section totaling 140 people. Calculation of the sample using the Slovin formula: the number of samples in this study was 104 people. In this study the research variables, namely: Independent variables: work stress, workload, work discipline and the mediating variable: work motivation and the dependent variable: employee performance. The data analysis techniques used are: Descriptive analysis, Validity Test, Reliability Test, Normality Test Classical Assumption Test (Multicolonierity Test, Heteroscedasticity Test), Two-Stage Multiple Regression Analysis, t Test, Mediation Test, Coefficient of Determination (R Square). The results showed that job stress. work discipline and work motivation significantly influence the examiner's performance. Work stress and work discipline have a significant effect on work motivation. Workload has no significant effect on work motivation. Work Motivation mediates work stress and work discipline on examiner's performance. Work motivation cannot mediate Workload on Examiner's Performance.
The Role Of Management Ownership In Moderating The Effect Of Liquidity On Firm Value Aprih Santoso
Inovbiz: Jurnal Inovasi Bisnis Seri Manajemen, Investasi dan Kewirausahaan Vol 2, No 2 (2022): Edisi Desember 2022
Publisher : Politeknik Negeri Bengkalis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (426.055 KB) | DOI: 10.35314/inovbizmik.v2i2.2820

Abstract

This study aims to analyze the role of management ownership in moderating the effect of liquidity on firm value in Manufacturing Companies on the Indonesia Stock Exchange for the 2017 – 2021 period. Using purposive sampling, 135 companies were selected as research samples. The data was processed by multiple regression analysis using help of the IBM SPSS Statistic 26 application. The results showed that liquidity had no significant positive effect on firm value. The results of testing the moderating variable indicate that management ownership does not moderate the effect of liquidity on firm value. The managerial implication is the existence of managerial policies that can be carried out by management in an effort to increase the value of the company. The level of liquidity ratio needs to be maintained in a safe position to ensure the company's ability to meet short-term obligations, but does not cause large amounts of idle funds.
Economic Growth Determinants Model Semarang City Year 2005 – 2017 Aprih Santoso
Journal of Business and Political Economy : Biannual Review of The Indonesian Economy Vol. 2 No. 1 (2020): Journal of Business and Political Economy: Biannual Review of The Indonesian Ec
Publisher : INDEF - Institute for Development of Economics and Finance

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (96.662 KB) | DOI: 10.46851/20

Abstract

The purpose of this research was to analyze the effect of the Contribution of Regional Revenue (PAD) and General Allocation Grant (DAU) to Economic Growth (PDRB) of Semarang City through Capital Expenditure (BM). The data used in this research secondary data. The variables of this research consisted of Contribution of Regional Revenue (PAD), General Allocation Grant (DAU) as independent variables. Economic Growth (PDRB) as the dependent variable and the Capital Expenditure (BM) as an intervening variable. The test results and analysis of the data it can be concluded that the Contribution of Regional Revenue (PAD) and General Allocation Grant (DAU) directly effect on Economic Growth (PDRB) and Capital Expenditure (BM). and Capital Expenditure (BM) directly effect on Economic Growth (PDRB). Keywords: Revenue, Capital, Economic
Co-Authors Abdul Karim Ades Rajayana Adhi Widyakto Adhi Widyakto Adhi Widyakto Adhitya Hendra Adi Setya Pamungkas Aditia Yusuf Setiawan Aditya Irfansyah Adolmando S. Amaral Adria Wuri Lestari Adrian Polim Aep Saefullah Afif Nur Rokhman Agus Hitopa Sukma Agusrina, Yohana Ahmad Budiono Ahmad Ershaid Nusair Ahmad Haris Ainun Muawanah Akriana, Fajar Albert Albert Alfan Bachtiar Alfiana Alfiana Alfiana Alfiana Ali Umar Dhani Amaral, Leonardo Bele Bau Anakka Nur Koliq Anandha Anandha Andre S Nugroho Andre Setyo Nugroho Anggraeni, Neni Anies Khaqul Yaqinah Anies Khaqul Yaqinah Annisa Ulfa Antonius Francis Rumapea Ardiani Ika Sulistyawati Ardiyanto, Agil Ari Beni Santoso Ari Purwanti Arief Himawan Dwi Nugroho Arief Himmawan Dwi Nugroho Arif Budiarto Arifiani, Bita Sari Kusuma Aristi Aprilia Asmaraputri Armiella, Adestya Ayu Arwin Tannuary Asri Ady Bakri Astuti, Selvy Indah Purwaning As’ad, Ihwana Aulia Nurlaili Kusuma Wardani Azhar Affandi Barus, Imelda Baskoro, Arbi Leo Bastanta Prawira Tarigan Bita Sari Kusuma Arifiani Budi Wahono BUDI WIBOWO Butar Butar, Ribka Sari C. Tri Widiastuti Chamami, M Rikza Chandra Murdiono Lisabe Chevy Herli Sumerli Citra Rizkiana Cristino Gusmao Cristino Gusmao Cristino Gusmao Cristino Gusmao Danang K Daryono Daryono David Triyono DC. Kuswardani Deddy Mendai Zuhriansyah Dede Hertina Dede Yusuf Maulana Denok Sunarsi Desi Anjarwati Desi Astuti Devi Ika Agustina Devvy Rusli Dian Indriana Hapsari Dian Triyani Dian Triyani Triyani Diana Puspitasari Dicky Jhon Anderson Butarbutar Didik Suhariyanto Dione Jeanette Violita Dipa Teruna Awaloedin Dipa Teruna Awaludin Djoko Santoso Djoko Santoso Djoko Santoso Djunaidi, Firman Gazali DWI MURTINI Dwi Norcahyaningsih Dwi Widi Pratito Sri Nugroho Edy Mulyantomo Edy Suryawardana Eka Puspita Sari Ekdjaja, Margarita Eko Sutrisno, Eko Elsa Yuniarti Emaya Kurniawati Emaya Kurniawati Emaya Kurniawati, Emaya Endah Yunianti Endang Tri Widyarti Ericke Fridatien Erina Alimin Evi Maulida Yanti Eviatiwi Kusumaningtyas Sugiyanto Faidh, Muhamad Iran Ferry Agus Setiawan Fitriyah Nurhidayah Flourien Nurul Ch Fridatien, Ericke Guruh Pambudi Gusmao, Cristino Handayani, Ratih Hapsari Hanifah, Risti Ulfi Hanik Ati Haris Murwanto Paramitayana Harling, Vina N. Van Hartono Hartono Hartono, Drajat Hartoto, Witjaksono Eko Harun Samsudin Hendra, Adhitya Herawati Herawati Herni Utami Rahmawati Hiswanti Hiswanti Ichsan Iin Indri Lestari Ika Khoirul Islamiyah Ika Khoirul Islamiyah Ikhwan Wicaksono Ilham Rahim Illyasa, Nizar Indarto Indarto Indarto Indarto Indarto Indarto Indarto Indarto Indarto Indraya Indraya Indraya, Indraya Indriyani Indriyani Intan Sujarwati Irsyad Kamal Iswahyu Pranawukir Iswahyu Pranawukir Joko Samboro Judijanto, Loso Juwariyah, Nurul Kampono Imam Yulianto Kampono Imam Yulianto Kridasusila, Andy Kuraesin, Arlis Dewi Kusnilawati, Nunik Kusnilawati, Nunik Kuswardani, D.C. Kuswardani, Dc Kuswardani, DC. Kuswardani, Diah Cori Lestari , Erika Puji Liana Rokhawati Lis Nurkhasanah Lisa Sari Widowati LISTIANA SRI MULATSIH Loso Judijanto Lulus Prapti M Rikza Chamami M. Hasan Ma'ruf M. Hasan Ma'ruf M. Hasan Ma’ruf M. Rikza Chamami Malik, Yulianti Margarita Ekdjaja Maria Assumpta Wikantari Marno Nugroho Martins, Celeste Maria Maryati Maryati Maulida H, Ardiana Nur Meitri Yana Wardani Milati, Nela Aini Misidawati, Dwi Novaria Misnan Misnan Miswanto Miswanto Mohamad Ashar Amin Mohammad Sigit Taruna Muhamad Irfan faidh Muhammad Nurtanto Muslim Mutiasari Mutiasari Najihatul Faridy Nasution, Annio Indah Lestari Ngurah Pandji Mertha Agung Durya Nicko Albart Niko Putra Helambang Nila Anggreani Nir Setyo Wahdi Nir Setyo Wahdi Nir Setyo Wahdi Nir Setyo Wahdi Nir Setyo Wahdia Nirsetyo Wahdi Nirsetyo Wahdi Noor Harini Novaria, Novi Novrini Hasti Nugroho, Anton Priyo Nur Hasanah Nur Hidayat NUR KHOLIFAH Nur Laily Nur Rokhim Nur Rokhim, Nur Nurasiah Nurasiah Nurhayati Nurhidayati Nurhidayati Nurhidayati Nurhidayati Nurlaili Rahmi Nurul Afifah Nurul Khamim Nusair, Ahmad Ershaid Obing Zaid Sobir Ophilia , Karisma Pandu Adi Cakranegara Pantun Pipin Sri Sudewi Pradiptya, Adhi Prastiti, Dina Sita Pratito, Dwi Widi Purwantini, Sri Purwati Purwati Purwati Purwati Puspa Rini PUSPITASARI, WAHYU Putri Angkasawati Putri Nur Pratiwi Putri Pratiwi Rachmawati, Ika Anis Radjawane, Louise Elizabeth Rahayu, Rina Mukti Rahmad . Kurniawan Rahman, Taufikur Rahmanda Hasna Putri Ratih Pratiwi Ratna Novita Sari Ratna Wijayanti RATNA WIJAYANTI Ratnawati Ratnawati Rawi, Rais Dera Pua Reni Diah Kusumawati Reyna Dika Ridwan Ridwan Rifqi Aliza Syukhron Rimadanti, Shevina Rina Mukti Rahayu Rinawati, Tri Rinawati, Tri Rinawati, Tri Rinawati, Tri Risti Ulfi Hanifah Rita Meiriyanti Rizkiana, Citra Rokhawati, Liana Rorlen Rorlen Rorlen, Rorlen Rosalina Anindia Sari Kartika Rosyati Rr. Lulus Prapti NSS Rudy Haryanto Rustaniah S. Amaral, Adolmando Sabil Sabil Saddewisasi, Wyati Saddewisasi, Wyati Saefudin Saefudin Saefudin Saefudin Saifudin Saifudin Saifudin Sail Barodin Santi Susanti Santoso, Joko Sari Wulandari Sari Wulandari Sari, Ratna Novita SATRIYAS ILYAS Sattar Sattar Sattar Sattar, Sattar Selamat Muliadi Septi Ratnasari Septiana, Shella Shofwani, Siti Aniqoh Sholohah, Silvia Almar’atus Sijabat, Rauly Siskya Nanda Prasika Sispradana, Audi Redha Siti Farikah Siti Intan Nurdiana Wong Abdullah Siti Sofiatun Siti Zubaidah SOEDARMADI SOEDARMADI Souisa, Johanis Sri Purwantini Sri Sulasmi Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sri Yuni Widowati Sujarwati, Intan Sukmadewi, Yudhitia Dyah Surjanti, Rr. Lulus Prapti Nugroho Setiasih Surjawati Suryanto Suryanto SUSANTO Susanto Susanto, Susanto Susilowati, Teti Susilowati, Tetty Suwarsito Syawal Zakaria Sylvia Kartika Dhamayanti Syukhron, Rifqi Aliza Taufikur Rahman Taufikur Rahman Teguh Ariefiantoro Teguh Ariefiantoro Teti Susilowati Totok Wibisono Tri Endang Yani Tri Rinawati Tri Rinawati Tuti Dharmawati Ulin Ulfa Utari, Vika Marselisna Vensy Vydia Vita Briliana Vivi Oktavianti Wahdi, Nir Setyo Wahdi, Nirsetyo Wahdi, Nirsetyo Wahdi, Nirsetyo Wardani, Meitri Yana Wayan Ardani Wenny Desty Febrian Febrian Wibisono, Totok Wibisono, Totok Widaryanti Widaryanti Widiastuti, C Tri Widiastuti, C. Tri Widowariti, Sri Yuni Widowati, Lisa Sari Widowati, Sri Yuni Widowati, Sri Yuni Widya Andelina Widyaswati, Rahmatya Windi NR Wardhani Witjaksono E.H Witjaksono E.H Witjaksono Eko Hartoto Wulandari, Iswahyuni Wyati Sadewisasi Yani, Tri Endang Yaqinah, Anies Khaqul Yeremia Wijayanto Yuantari, Catur Yudhitia Dyah Sukmadewi YUDI NUR SUPRIADI Yuli Budiati Yulianti Yulianti Yulianti Yulianti2 Yulianti2 Yunita Noviasari Zakky Fahma Auliya Zanbaina, Ghafira Zara Tania Rahmadi Zulhendri , Zulhendri