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Journal : Media Mahardhika

PROGRAM PEMBERDAYAAN ANGGOTA SEBAGAI MODERASI KINERJA KEUANGAN ( PEARLS) PADA KESEJAHTERAAN ANGGOTA CREDIT UNION DI JAWA TIMUR nekhasius agus sunarjanto
Media Mahardhika Vol. 20 No. 3 (2022): May 2022
Publisher : STIE Mahardhika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29062/mahardika.v20i3.410

Abstract

This research is on savings and loan cooperatives (Credit Union) with a research sample of credit cooperatives in East Java. The purpose of this research is to find out whether the empowerment program moderates financial performance on members' welfare. The results of the research explain that financial performance affects the member empowerment program by 82.19%. The significance of 0.011 , this shows that the empowerment of credit cooperative members (CU) is influenced by financial performance (PEARLS) and that the empowerment program has a positive effect on the welfare of members by 34% with a significance level of 0.02. This shows that the member empowerment program has a significant effect on the welfare of credit cooperative (CU) members.
ANALISIS PENGARUH TATA KELOLA, KARAKTERISTIK PERUSAHAAN DAN STRUKTUR KEPEMILIKAN TERHADAP KINERJA KEUANGAN PERUSAHAAN LQ45 YANG TERDAFTAR DI BEI Sunarjanto, Nekhasius Agus; Tananjaya, Tania Oktavianes; Martono, Cyrillius
Media Mahardhika Vol. 23 No. 1 (2024): September 2024
Publisher : STIE Mahardhika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29062/mahardika.v23i1.921

Abstract

This study investigates the influence of governance, company characteristics, and ownership structure on the financial performance of LQ45 companies listed on the IDX during the 2018-2022 period. Governance is represented by agency costs and free cash flow, while company characteristics include company size and company age. Ownership structure consists of managerial ownership, institutional ownership, and public ownership. The financial performance is proxied by Tobin's Q. The research employs a quantitative method, utilizing panel data analysis with the fixed effect model as the selected approach. Secondary data collection was conducted using documentation methods, and the sample was selected through purposive sampling, totaling 100 data points. The results indicate that free cash flow, managerial ownership, and institutional ownership do not significantly affect financial performance. However, agency costs, company size, company age, and public ownership have a significant effect on financial performance.