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Tantangan Pengelolaan Sampah Berbasis Reduce, Reuse, Recycle di Kabupaten Badung Utami, Ni Made Satya; Tarini, I G. A. Dewi; Darmada, I Wayan; Pustaka, I Gede Abdi; Putra, Nyoman A. Mustika
Bali Membangun Bali: Jurnal Bappeda Litbang Vol 6 No 2 (2025): Agustus 2025
Publisher : Badan Riset dan Inovasi Daerah Provinsi Bali

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51172/jbmb.v6i2.468

Abstract

Purpose: This study aims to identify and analyze problems in 3R-based waste management in Badung Regency. Research methods: This study uses a quantitative descriptive method with secondary data from the Profile of the Badung Regency Environmental Service and the Badung Central Statistics Agency (BPS) in 2024, which was carried out for four months (June–October 2024) covering 33 TPS3R locations. Findings: Badung Regency has 39 TPS 3R, with 33 actively operating and 6 not optimal. Eight TPS 3R still apply the traditional collect-transport-dispose system. The obstacles faced are weak enforcement of sanctions, inter-agency coordination, and community participation. In addition, there are obstacles to coordination between agencies as well as limitations in human resources, infrastructure, and funding. As many as 56% of TPS 3R experienced equipment damage (shredding machines, sifting), inadequate capacity, and unsuitable buildings. On the other hand, household waste sorting is low due to minimal education and incentives. Compost products are not SNI certified so they are difficult to market competitively. Implication: A strategy is needed to strengthen regulations, ongoing training, infrastructure and funding support, and cross-sector collaboration. Increasing community participation through education and incentives is also the key to the success of sustainable waste management in Badung Regency
The Effect of Investment Decisions and Dividend Policy on Firm Value: The Mediating Role of Profitability in LQ45 Companies During the 2023–2025 Period I Gede Abdi Pustaka; I Made Dauh Wijana; Gregorius Paulus Tahu
Digital Innovation : International Journal of Management Vol. 3 No. 3 (2026): July: Digital Innovation : International Journal of Management
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/digitalinnovation.v3i3.728

Abstract

The performance of the Indonesian capital market during the 2023–2025 period experienced significant challenges and dynamic fluctuations. These conditions affected the performance of listed companies, including those included in the LQ45 Index. In this study, company performance is represented by firm value, which may be influenced by several factors, including investment decisions, dividend policy, and profitability. This study aims to examine the effect of investment decisions and dividend policy on the firm value of LQ45 companies during the 2023–2025 period, with profitability serving as a mediating variable. Firm value represents the primary objective of companies in conducting business activities and is influenced by various internal factors, including investment decisions, dividend policy, and profitability. The population of this study consisted of LQ45 companies listed on the Indonesia Stock Exchange (IDX) during the 2023–2025 period. The sample comprised 27 companies that were consistently included in the LQ45 Index and distributed dividends to shareholders for three consecutive years. Data were analyzed using Structural Equation Modeling (SEM) based on the SmartPLS software. The findings reveal that investment decisions and profitability have a significant negative effect on firm value. In contrast, dividend policy has a significant positive effect on firm value. Furthermore, investment decisions and dividend policy exert a significant positive influence on profitability. Regarding the mediating role of profitability, the results indicate that profitability does not mediate the relationship between investment decisions and firm value, nor does it mediate the relationship between dividend policy and firm value.