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Pengaruh Leverage, Likuiditas, dan Pertumbuhan Penjualan Terhadap Financial Distress Perusahaan Subsektor Aneka Industri Periode 2020-2023 Michelle Natalie Susanto; Gatot Nazir Ahmad; Andy Andy
Wawasan : Jurnal Ilmu Manajemen, Ekonomi dan Kewirausahaan Vol. 3 No. 2 (2025): Jurnal Ilmu Manajemen, Ekonomi dan Kewirausahaan
Publisher : Fakultas Teknik Universitas Maritim AMNI Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58192/wawasan.v3i2.3165

Abstract

This study analyzes the effect of Leverage (Debt to Asset Ratio/DAR), Liquidity (Current Ratio/CR), and Sales Growth on Financial Distress, with Firm Size as a control variable. Financial distress is proxied by a Negative Net Income within one year. The object of this study is manufacturing companies in the miscellaneous industry subsector listed on the Indonesia Stock Exchange (IDX) for the 2020-2023 period. The sample consists of 42 companies, with a total of 168 observations, selected using the purposive sampling method. The data used is secondary data from company financial statements, analyzed using panel data regression with the EViews application, and tested using logistic regression. The results show that Leverage (DAR) has no significant effect on Financial Distress, while Liquidity (CR) and Sales Growth have a negative and significant effect on Financial Distress. Additionally, the control variable, Firm Size, also shows a negative effect on Financial Distress. This study is expected to serve as a consideration for company management in managing debt and formulating sales growth strategies to minimize the risk of financial distress. For investors and creditors, the findings of this study can be used as a reference in evaluating a company's financial condition before making funding and investment decisions.
Pelatihan Literasi Keuangan Melalui Pengaplikasian Akuntansi Bagi Siswa di SMK Karmel Kota Tangerang Andy Andy; Selfiyan Selfiyan; Agus Kusnawan; Dian Anggraeni; Peng Wi
JPMNT JURNAL PENGABDIAN MASYARAKAT NIAN TANA Vol. 2 No. 4 (2024): Oktober: Jurnal Pengabdian Masyarakat Nian Tana
Publisher : Fakultas Ekonomi & Bisnis, Universitas Nusa Nipa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59603/jpmnt.v2i4.537

Abstract

Financial literacy training based on Financial Management through Accounting at SMK Karmel is an important aspect in preparing students to face the challenges of the business world in the digital era. Based on qualitative research through observation, interviews, and documentation studies, this training has proven to have a positive impact on improving students' financial literacy knowledge and skills. They gain an understanding of the concept of Financial Management through Accounting, online marketing strategies, financial management, and product innovation. In addition, this training teaches the use of digital platforms to market products, build brand awareness, and measure the effectiveness of marketing campaigns. On the other hand, this training also succeeded in developing proactive, creative, innovative, and adaptive attitudes that are needed in the dynamic modern business world. Students are equipped with the ability to innovate to create products or services that are relevant to market needs and are ready to adapt to technological changes that continue to develop. One of the other positive impacts is the increase in students' confidence in starting their own businesses, so that they not only rely on formal jobs, but also begin to consider financial literacy as a career path. To increase the effectiveness of this program, it is recommended that the scope of the training be expanded to include topics such as e-commerce and data analysis, as well as strengthen cooperation with financial management actors through Accounting. In addition, the integration of training into the vocational curriculum will ensure the sustainability of the program and provide opportunities for all students to gain the necessary financial literacy skills. Thus, this training is expected to prepare students of SMK Karmel to be more competitive and ready to face the modern business world that continues to grow.
Pelatihan Konsep Administrasi Bisnis sebagai Strategi Pembentukan Karakter Profesional Siswa SMK Negeri 1 Kota Tangerang Georgius Listen; Andy Andy; Canggih Gumanky Farunik; Agus Kusnawan; Eso Hernawan; Selfiyan Selfiyan; Tri Angreni
SEWAGATI: Jurnal Pengabdian Masyarakat Indonesia Vol. 4 No. 1 (2025): Maret: Jurnal Pengabdian Masyarakat Indonesia
Publisher : BADAN PENERBIT STIEPARI PRESS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56910/sewagati.v4i1.2094

Abstract

Professional values in learning activities and work practices. This study aims to analyze the effectiveness of basic business administration concept training as a strategy for building students' professional character at SMK Negeri 1 Tangerang City. The training approach was chosen because of its applicability, contextuality, and ability to instill values such as discipline, responsibility, work ethic, as well as communication and cooperation skills. Through a training design that involves simulations of the world of work, case studies, and real administrative practices, students not only gain conceptual understanding, but also internalize positive work attitudes and behaviors. The results of this study show that practice-based training is effective in increasing students' job readiness, strengthening soft skills, and forming a professional culture in the school environment. These findings recommend the integration of training programs into the curriculum as a strategic effort to produce vocational school graduates who are more adaptive, competitive, and in accordance with the needs of the industrial world. This research contributes to the development of vocational education that emphasizes the synergy between competence and character.
Pengaruh Leverage, Arus Kas Bebas, dan Efisiensi Operasional terhadap Nilai Perusahaan Makanan dan Minuman Muhammad Ihsan; Gatot Nazir Ahmad; Andy Andy
Lokawati : Jurnal Penelitian Manajemen dan Inovasi Riset Vol. 3 No. 5 (2025): September : Jurnal Penelitian Manajemen dan Inovasi Riset
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/lokawati.v3i5.2013

Abstract

This study aims to analyze the influence of leverage (DER), free cash flow (FCF), and operational efficiency using inventory turnover (ITO), and receivables turnover (RTO) on company value, with company size as a control variable, in food and beverage sector companies listed on the Indonesia Stock Exchange for the 2018–2023 period. The method used is panel data regression with the Fixed Effect Model approach. The results of the study show that leverage has a significant negative effect, and inventory turnover has a significant positive effect on the company's value. Meanwhile, FCF and RTO had no significant effect, while company size had a negative effect. Robustness checks with PBV as proxy for alternative values showed relatively consistent results. These findings support the signal theory, that operational efficiency and a well-managed financial structure can strengthen investors' perception of a company's value.
Pengaruh Struktur Modal, Profitabilitas, dan Pertumbuhan Penjualan terhadap Nilai Perusahaan dengan Ukuran Perusahaan Sebagai Variabel Kontrol pada Sektor Consumer Non-Cylicals yang Terdaftar di Bursa Efek Indonesia Periode 2018-2023 Shiti Maysaroh; Gatot Nazir Ahmad; Andy Andy
Jurnal Rimba Riset Ilmu manajemen Bisnis dan Akuntansi Vol. 3 No. 3 (2025): Agustus : Riset Ilmu Manajemen Bisnis dan Akuntansi
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/rimba.v3i3.2053

Abstract

This study aims to analyze the influence of capital structure, profitability, and sales growth on firm value in the consumer non-cyclicals sector listed on the Indonesia Stock Exchange (IDX) during the 2018–2023 period. A quantitative research method was employed. The sample consisted of 62 companies selected through purposive sampling, based on the criterion of consistently publishing annual financial reports throughout the study period. The data analysis technique used was panel data regression with the aid of EViews software. The results indicate that capital structure, as measured by the Debt to Equity Ratio (DER), has a positive effect on firm value. Profitability, measured by Return on Equity (ROE), has a negative effect on firm value. Sales growth has no significant effect on firm value. Additionally, firm size as a control variable does not affect firm value.
Pelatihan Public Speaking: Pembekalan Kompetensi Siswa-Siswi SMK Negeri 2 Kabupaten Tangerang Serius Zebua; Lianah The; Agus Kusnawan; Andy Andy; Eso Hernawan; Tri Angreni; Georgius Listen
Jurnal Pengabdian Masyarakat Vol. 4 No. 2 (2025): Oktober : Jurnal Pengabdian Masyarakat
Publisher : Universitas 45 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30640/abdimas45.v4i2.5006

Abstract

This community service activity was carried out with the aim of improving the public speaking skills of students of SMK Negeri 2 Sepatan, Tangerang, especially the Department of Accounting and Institutional Finance. The background of this activity departs from the problem of low confidence and oral communication skills of students which has an impact on their limitations in conveying ideas, making presentations, and facing job interviews. The implementation method uses a socialization, simulation, and hands-on approach for three hours, focusing on mastering basic communication concepts, techniques for overcoming nervousness, and effective messaging strategies. Participants in the activity as many as 152 students showed active involvement throughout the training process. The results of the activity showed an increase in students' courage to speak in public, the ability to use clear intonation, and the preparation of a more coherent message structure. In addition, students also show higher motivation to develop communication skills as a provision to face the world of work. From the partner side, the school appreciates this activity because it supports the development of soft skills that are rarely given in the formal curriculum. Overall, this service activity has been proven to have a positive impact on both students and schools, and can be replicated in other educational institutions to strengthen the work readiness of the younger generation.