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Examining Dividend Policy's Impact on Stock Returns with Profitability and Liquidity Analysis Putra, I Gede Cahyadi; Apriada, Kadek; Bagiana, I Kadek
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 7, No 2 (2024): JUNE EDITION INTERNATIONAL JOURNAL OF ACCOUNTING FINANCE IN ASIA PASIFIC
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v7i2.2973

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The aim of this research is to address the lack of existing literature on the correlation between dividend policy and stock performance in the banking industry. This paper examines the intervention mechanisms that mediate the relationship between dividend policy and stock returns, with a specific focus on profitability and liquidity as determining factors. According to the research findings, profitability has a notable positive impact on dividend policy, whereas liquidity has a significant negative impact. Nevertheless, both profitability and liquidity do not directly impact stock returns. Dividend policy does not directly impact stock returns. These data suggest that the link between these factors is not linear, and the dividend policy variable does not operate as a mediator for the impact of profitability or liquidity on stock returns. These findings suggest that it is important to consider other factors that may affect the relationship between dividend policy and stock returns. Additionally, it highlights the significance of utilizing diverse and knowledge-based investment strategies to maximize shareholder value in the context of the capital market.
Job Satisfaction’s Role in Mediating the Influence of Workload and Work Culture on Employee Performance of Community Health Center at Klungkung Trisnayani, Ketut; Gunadi, I Gusti Ngurah Bagus; Landra, Nengah; Putra, I Gede Cahyadi
Asia Pacific Journal of Management and Education (APJME) Vol 7, No 1 (2024): March 2024
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/apjme.v7i1.2536

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Community health center is a community that has a vital role in the growth of human resources. If health services are low, it will greatly affect all sectors of community growth, including the economy in the area. The aim of this research is to determine and analyze the influence of psychological workload and work culture on performance with job satisfaction as a mediator. The population is all employees of the UPTD Puskesmas Banjarangkan I Klungkung with total of 78 people. The analysis technique used is SEM–PLS. The research results show that psychological workload has no significant effect on employee performance, work culture has a significant effect on employee performance, job satisfaction has a significant effect on employee performance, psychological workload has no significant effect on job satisfaction, and work culture has a significant effect on job satisfaction. The implication of this research is that community health centers must continue to improve the performance and satisfaction of their employees so that employees can provide excellent service to the community.
Empowerment Program, Entrepreneurial Competence and Business Growth SMEs in Denpasar Putra, I Gede Cahyadi; Kepramareni, Putu; Suryandari, Ni Nyoman Ayu
Asia Pacific Journal of Management and Education (APJME) Vol 2, No 2 (2019): July 2019
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Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (166.883 KB) | DOI: 10.32535/apjme.v2i2.557

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The purpose of this study is first to measure the extent of direct influence of empowerment programs on entrepreneurial competence and growth of micro, small and medium enterprises and indirect influence of empowerment program on the growth of SMEs through business competence variable. The second provides recommendations for the implementation of empowerment programs that are more appropriate to the needs of SMEs. The research location in Denpasar City with the number of samples of 100 entrepreneurs who have got the empowerment program. Data analysis technique to test the relationship model between variables is Structural Equation Modeling using Partial least Square program.
Company Valuation and Influencing Factors: A Study of Automotive and Component Manufacturers Listed on the Indonesia Stock Exchange Gunadi, I Gusti Ngurah Bagus; Cahyadi Putra, I Gede; Ratih Manuari, Ida Ayu
Asia Pacific Journal of Management and Education (APJME) Vol 7, No 2 (2024): July 2024
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/apjme.v7i2.3248

Abstract

The company's value is crucial as it reflects the company's performance, which can influence investors' perception of the company. The aim of this research is to determine the influence of profitability, company size, liquidity, and managerial ownership on company value in the automotive and component manufacturing sub-sector on the Indonesian Stock Exchange (IDX) for the years 2017-2021. The population in this study consists of manufacturing companies listed on IDX from 2017 to 2021, totaling 13 companies, with a sample size of 12 companies selected through purposive sampling method. This study employed multiple linear regression analysis to investigate the factors influencing company value. The results reveal that profitability and managerial ownership have a positive and significant impact on company value, while company size has no significant effect. Interestingly, liquidity exhibits a negative and significant relationship with company value. These findings suggest potentially important areas for future research. Expanding the study to include additional variables, such as leverage, capital structure, and dividend policies, could provide a more comprehensive understanding of the determinants of company value.
Strategi Peningkatan Efektivitas Produksi Dan Sumber Daya Manusia Pada Perusahaan Inti Bali Glass Di Desa Belega Kabupaten Gianyar I Gede Cahyadi Putra; I Wayan Aditya Pratama
Jurnal Dharma Jnana Vol. 2 No. 1 (2022): JURNAL DHARMA JNANA
Publisher : Fakultas Ekonomi dan Bisnis Universitas Mahasaraswati Denpasar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (455.257 KB)

Abstract

Inti Bali Glass adalah salah satu perusahaan yang bergerak di bidang manufaktur. Pada perusahaan Inti Bali Glass terdapat masalah di bidang sumber daya manusia (SDM) dimana pada saat ini mitra belum memiliki Standar Operasional Prosedur (SOP) dalam produksi dan kemasan/packing yang dilakukan oleh karyawan tingkat keamanannya masih kurang. Hal ini menyebabkan keefektifan kerja karyawan menjadi menurun, sehingga membuat kualitas produk yang dihasilkaan tidak berkualitas dan kemasan/packing yang keamanannya masih kurang menyebabkan barang yang dikemas mudah rusak/pecah. Metode pelaksanaan yang digunakan untukmeningkatkan efektifitas produksi dan sumber daya manusia pada Inti Bali Glass yaitu dengan mengadakan pelatihan, pendampingan pembuatan dan pelaksanaan SOP produksi serta pelatihan dan pendampingan tentang cara melakukan pengepakan yang baik dan benar. Hasil yang dicapai yaitu karyawan telah mampu menggunakan SOP serta melakukan setiap langkah-langkah dalam melakukan kegiatan produksi di era pendemi covid-19 dan karyawan juga telah mampu memahami cara melakukan packing yang baik dan benar sehingga proses pengepakan berjalan sesuai dengan arahan yang diberikan.
Peningkatan Kompetensi Karyawan Dan Proses Pemasaran Pada PT. Suryagita Nusaraya Di Masa Pandemi Covid-19 I Gede Cahyadi Putra; Putu Asrilia Cahyani
Jurnal Dharma Jnana Vol. 2 No. 2 (2022): JURNAL DHARMA JNANA
Publisher : Fakultas Ekonomi dan Bisnis Universitas Mahasaraswati Denpasar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (379.262 KB)

Abstract

Salah satu permasalahan yang terungkap dari hasil observasi di PT. Suryagita Nusaraya yaitu mengenai kemampuan karyawan yang belum memahami dengan baik sistem kerja berdasarkan Standar Operasional Prosedur (SOP) yang berlaku di perusahaan. Selama masa pandemi PT. Suryagita Nusaraya juga merasakan dampak penurunan penjualan dikarenakan adanya kebijakan Pemberlakuan Pembatasan Kegiatan Masyarakat (PPKM) oleh pemerintah sehingga mempengaruhi aktivitas jual-beli perusahaan. Selain itu, diperlukan kesadaran dari seluruh anggota perusahaan mengenai penerapan protokol kesehatan yang baik dan benar, agar terhindar dari bahaya virus Covid-19. Solusi yang dapat dilakukan untuk mengatasi permasalahan ini yaitu dengan pemasangan tempat cuci tangan dan himbauan, penyemprotan disinfektan, pemberian edukasi dan pelatihan mengenai sistem kerja sesuai SOP yang berlaku serta membantu membuatkan akun bisnis di media sosial yaitu Instagram. Adapun faktor pendukung keberhasilan kegiatan adalah kepala cabang dan seluruh staff perusahaan yang mendukung penuh kegiatan ini. Tersedianya fasilitas yang memadai seperti ruangan pelatihan dan jaringan internet, serta seluruh staff yang antusias dalam mengikuti materi pelatihan membuat program kerja dapat berjalan dengan baik dan sesuai rencana.
The Effect of Intellectual Capital and Corporate Governance on The Performance of Village Credit Institutions I Gede Cahyadi Putra; Desy Wedasari; Gusti Ayu Putu Wulan Rahmasari
International Journal of Applied Business and International Management Vol 5, No 3 (2020): December 2020
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijabim.v5i3.979

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The main purpose of this paper is to examine and analyze the effect of intellectual capital and corporate governance on the performance of village credit institutions in Tampaksiring District, Gianyar, Bali. The study population were 32 village credit institutions with 96 respondents. The findings show that there is a positive influence of intellectual capital and corporate governance on the performance of village credit institutions. This indicates that intellectual capital and good corporate governance of village credit institutions, such as human capital, capital structure and relational capital highly will improve the performance of village credit institutions.
The Effects of Profitabilitas and Activity Ratio Toward Firms Value With Stock Price as Intervening Variables Gunadi, I Gusti Ngurah Bagus; Putra, I Gede Cahyadi; Yuliastuti, Ida Ayu Nyoman
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 3, No 1 (2020): February 2020
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v3i1.736

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The purpose of this paper is to discuss the effect profitability ratios and activities on firms’ value with stock prices as intervening variable. The study was conducted for 10 years on 39 property, real estate and building construction companies listed on the Indonesia Stock Exchange. The results showed profitability and activity had a positive effect on stock prices, but did not affect the value of the company. Stock prices are able to mediate the effect of profitability and activity on firm value. The research implications show that the higher profitability and activity ratios cause stock prices to rise and result in an increase in the value of the company.
Intellectual Capital and Financial Sustainability Putra, I Gede Cahyadi; Wiagustini, Ni Luh Putu; Ramantha, I Wayan; Sedana, Ida Bagus Panji
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 5, No 2 (2022): June 2022
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v5i2.1590

Abstract

 The competition among companies in the industrial era 4.0 no longer relies on ownership of tangible assets but on the ability to control information, develop innovation, manage organizations and own resources. Companies increasingly emphasize the importance of knowledge assets to improve their performance and sustainability. The purpose of this study is to figure out the effect of intellectual capital, consisting of human capital, structural capital and relational capital on marketing performance, financial strategy performance and financial sustainability. The research was conducted in rural banks, which also known as Bank Perkeditan Rakyat (BPR) operating in Bali. The data analysis technique used SEM PLS. The results showed that human capital and relational capital positively effects marketing performance, financial strategy performance and financial sustainability. Meanwhile, the relational capital variable does not have effect on financial strategy performance and financial sustainability. Keywords: Financial Strategy Performance, Financial Sustainability, Intellectual Capital, Marketing Performance, Rural Bank
The Role of Good Corporate Governance in Enhancing the Performance of Village Credit Institutions Putra, I Gede Cahyadi; Sunarwijaya, I Ketut; Gunadi, I Gusti Ngurah Bagus
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 4, No 1 (2021): February 2021
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v4i1.1036

Abstract

Good corporate governance is corporate governance that explains the relationship between all interested parties in a regulated and organized business. The principles of good corporate governance should be also applied by village credit institutions to improve their performance. This research aims to examine and obtain empirical evidence of the influence of good corporate governance principles, including transparency, accountability, responsibility, independence, and fairness, on the performance of village credit institutions in Blahbatuh District. This study involved 36 samples of village credit institutions with 108 respondents, determined by saturated sample techniques. The data were analyzed by multiple linear regression after instruments and classical assumption testings. The results showed that the principles of good corporate governance have a positive effect on the performance of village credit institutions in Blahbatuh District.
Co-Authors A.A. Putu Wiwik Sugiantari Ananda, Komang Dean Anik Yuesti Astakoni, I Made Purba Ayu Anggreni, Ni Kadek Ayu Eka Septyani Budanti, Ni Putu Lion Desak Made Mya Yudia Sari Desy Wedasari Dewa Made Dwicky Putra Nugraha Diah Kumalasari, Putu Dominicus Djoko Budi Susilo Erna Pasanda Gine Das Prena Gusti Ayu Muni Kharisma Nilla Sari Gusti Ayu Putu Wulan Rahmasari I Dewa Made Arik Permana Putra I Dewa Made Arik Permana Putra I Dewa Made Arik Permana Putra I Gede Putu Eka Budiyasa I Gusti Agung Ayu Istri Lestari I Gusti Ayu Agung Diah Pradnya Putri I Gusti Ayu Agung Omika Dewi I Gusti Ngurah Bagus Gunadi I Gusti Ngurah Bagus Gunadi I Gusti Putu Eka Rustiana Dewi I Kadek Bagiana I Ketut Sudipta Giri I Ketut Sunarwijaya I Komang Oka Permadi I Made Aditya Wardana I Made Bayu Wisnawa I Made Dauh Wijana I Made Elly Virnawan I Made Kristiadi Putra I Made Tamba I Nengah Suardhika I Putu Angga Purnamayanta I Wayan Aditya Pratama I Wayan Ari Perdana I Wayan Eka Artajaya I Wayan Gde Wiryawan I Wayan Oka Putra Suartama I Wayan Ramantha I.A Rayhita Santhi Ida Ayu Nirma Prameswari Ida Ayu Nyoman Yuliastuti Ida Ayu Ratih Manuari Ida Ayu Ratih Manuari Ida Bagus Ngurah Ida Bagus Panji Sedana Ida Bagus Panji Sedana Intiyas Utami Ita Puspita Dewi, Ni Wayan Jayatri, Luh Dwi Kadek Apriada Kadek Apriada Kadek Apriada, Kadek Kadek Selpiana Dewi Ketut Tanti Kustina Ketut Trisnayani Komang Ani Tri Cahyanti Komang Dean Ananda Krisnanda, Rama Adi Krista Elnina Anggreni Luh Gde Novitasari Luh Komang Merawati Luh Putu Rimas Putri Wahyuni Made Edy Septian Santosa Made Pradnyan Permana Usadi Megayani, Ni Kadek Muhammad Faiz Al Fatih Nengah Landra Ni Kadek Dewi Puspayanti Ni Kadek Diah Meilina Dewi Ni Kadek Diastuti Ni Kadek Dwi Putri Juliantari Ni Kadek Ella Silvia Ni Kadek Handayani Ni Kadek Megayani Ni Kadek Vina Angelica Putri Ni Ketut Emayanti Ni Ketut Ningsih Parwati Ni Ketut Yuni Dewantari Ni Komang Adung Saptani Ni Komang Ayu Tri Utami Ni Luh Ari Yusasrini Ni Luh Komang Tri Nita Widnyani Ni Luh Putu Wiagustini Ni Luh Putu Wiagustini Ni Luh Yonny Kaswari Ni Made Adelia Andika Putri Ni Made Dwi Puspitawati Ni Made Indah Rinita Santi Ni Made Sintya Surya Dewi Ni Nyoman Ayu Suryandari NI PUTU AYU MIRAH MARIATI Ni Putu Cempaka Dharmadewi Atmaja Ni Putu Eka Diah Pramesti Dewi Ni Putu Eka Wahyuni Ni Putu Eva Widnyani Ni Putu Ira Cantika Ni Putu Shinta Dewi Ni Putu Yuria Mendra Ni Wayan Putri Atriani Dewi Ni Wayan Rustiarini Nyoman Widnyani Nyoman Yudha Astriayu Widyari Primadona, Ida Ayu Lidya Putu Asrilia Cahyani Putu Ayu Diah Widari Putri Putu Diah Asrida Putu Kepramareni Putu Wenny Saitri Putu Widhi Ekawati Rama Adi Krisnanda Romaito Situmeang Sang Ayu Made Wiska Sari, Gusti Ayu Muni Kharisma Nilla Septyani, Ayu Eka Trisnayani, Ketut Wati, Ni Wayan Aristiana Wiska, Sang Ayu Made Wulandari, Putu Riska Yuria Mendra, Ni Putu