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Determinan Profitabilitas Perusahaan Properti Dan Real Estate Di Indonesia Istiqomah, Razita Izza; Purwidianti, Wida; Widhiandono, Hengky; Yustina Rahmawati, Ika
Value : Jurnal Manajemen dan Akuntansi Vol. 21 No. 1 (2026): Januari - April 2026
Publisher : Program Studi Manajemen, Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Cirebon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32534/jv.v21i1.8272

Abstract

Fluctuations in the profitability of the property and real estate sector in the 2022-2024 period demand more adaptive financial strategies. This study evaluates the role of operational efficiency and funding structure in determining the financial performance of 46 property and real estate companies listed on the Indonesia Stock Exchange. The novelty of this study lies in the examination of capital structure variables, which provides a new perspective on the effectiveness of debt under dynamic interest rate conditions. The findings indicate that accelerated asset turnover (Total Asset Turnover) and large company scale (Size) are the main drivers of increased profitability. Conversely, high reliance on debt (Capital Structure) actually becomes a financial burden that significantly depresses net income. The level of liquidity (Current Ratio) does not guarantee effective profit generation, indicating that excessive cash management without productive investment does not add value. Overall, this model is able to explain 80.8% of the variation in profitability. These results strengthen the relevance of signaling theory and pecking order theory and provide strategic guidance for management to prioritize asset efficiency over increasing debt burdens to maintain business sustainability.
Exploration of Absenteeism, Affective Commitment, Organizational Justice, and Job Opportunities as Determinants of Health Care Employee Turnover Intention Anisa, Nandita; Bagis, Fatmah; Widhiandono, Hengky; Hidayah, Arini
Jurnal Ilmu Manajemen Vol. 15 No. 2 (2026): Jurnal Ilmu Manajemen (On Progress)
Publisher : Universitas Muhammadiyah Palembang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32502/jim.v15i2.1508

Abstract

High turnover intention in the healthcare sector is a strategic challenge because it can disrupt service continuity and increase the workload of both medical and non-medical personnel. This study aims to analyze the influence of Absenteeism, Affective Organizational Commitment, Organizational Justice, and Alternative Job Opportunities on Turnover Intention in health facility employees by referring to Social Exchange Theory. This study used a quantitative approach through a survey involving a population of 524 employees, with a final sample of 235 respondents working in three hospitals. Data were analyzed using SEM-PLS to examine the relationship between variables. The results showed that Absenteeism and Alternative Job Opportunities had a significant positive effect on Turnover Intention, indicating that absenteeism and external job opportunities were strong driving factors for turnover intention. Meanwhile, Affective Organizational Commitment and Organizational Justice did not show a significant effect. The research model was able to explain some of the variance in turnover intention, indicating that behavioral factors and labor market dynamics were more dominant in shaping employee turnover decisions. These findings provide important implications for hospital management to strengthen retention strategies through controlling absenteeism, improving perceptions of fairness, and providing more competitive career development paths.
Pengaruh Pelatihan, Motivasi, Disiplin dan Lingkungan Kerja Terhadap Kinerja Karyawan PT Cahaya Optima Karya Jakarta Pusat Sylvia Nur Saputri; Purnadi Purnadi; Hengky Widhiandono; Restu Frida Utami
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 7 No. 2 (2026): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v7i2.11238

Abstract

Employee performance plays a fundamental role in determining the achievement of corporate targets, making effective human resource management a necessity. In this context, PT Cahaya Optima Karya is still faced with several strategic problems, namely training programs that are not comprehensively structured, levels of motivation and work discipline that need to be improved, and the contribution of the work environment that is not optimal in driving productivity. The research method applied is quantitative. The sampling technique uses a census, where questionnaires are distributed to the entire employee population of 113 people. Furthermore, the collected primary data were analyzed using Structural Equation Modeling (SEM) with a Partial Least Square (PLS) approach operated through the Smart PLS 3 application. The results of the hypothesis testing indicate that the variables of motivation and work discipline have a positive and significant effect on employee performance. Although showing a positive direction of influence, the variables of training and work environment were not proven to be statistically significant.
Leading for Innovation: How Inclusive Leadership, Proactive Personality, and Creative Self-Efficacy Interact in Hospitality Workers Suyoto; Hermin Endratno; Hengky Widhiandono; Fatmah Bagis
International Journal of Economics, Business and Innovation Research Vol. 5 No. 01 (2026): December - January, International Journal of Economics, Business and Innovatio
Publisher : Cita konsultindo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63922/ijebir.v5i01.3073

Abstract

The purpose of this study is to analyze an empirical research model that examines how proactive personality traits, inclusive leadership, and creative self-efficacy influence creative work behavior in the hospitality industry. There were 162 respondents from hospitality employees in Indonesia who provided complete and usable responses. Purposive sampling with non-probability techniques is the method used for sampling. Partial Least Squares (PLS) was then used to examine the collected data. The analysis findings indicate that inclusive leadership, proactive personality traits, and creative self-efficacy exhibit significant beneficial effects on creative work practices among hospitality employees. The findings of this study have significant implications for human resource management practices and strategies in the hospitality sector, particularly in the context of Indonesia's rapidly growing tourism industry. The positive influence of proactive personality traits, inclusive leadership, and creative self-efficacy on creative work behavior suggests that hotel organizations can enhance innovation and service quality by fostering these characteristics among employees. Managers should prioritize inclusive leadership practices that encourage open communication, employee participation, and recognition, as this creates a supportive environment where creativity can thrive.
Co-Authors ., Alfalisyado Ade Rusman Agung Miftahuddin, Muchammad Ahmad Zainal Abidin bin Abd Razak Ahmad Zainal Abidin bin Abd Razak Akhmad Darmawan Akhmad Darmawan Akhmad Darmawan Akhmad Darmawan Akhmad Darmawan3, Akhmad Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado, Alfalisyado Alfato Kharismasyah Alfato Yusnar Kharismasyah Alfatoni, M Sidiq Amalia, Nabila Ayu Andang Nofiana Anggita, Sangga Wishnu Anisa, Nandita Antika, Rindi Fitri Ardina Fajar Nur Hidayah Arienda Gitty Ramadani Arini Hidayah Arini Hidayah, Arini Aryoko, Yudhistira Pradipta Ayu Nur, Luthfi Ayu, Nok Bagis, Fatmah Baihaqi, Daisak Hidayat Basalamah, Laila Bayu Dwi Haryanto Deska Salsabila Dian Widyaningtyas Diastuti Yuliawati Dwi Yunita, Dwi Dyandra Viorica Ivonilenia Eko Priyanto Eliana Priscilla Hidayat Ella Galih Cahyo Sakti Aji Endratno, Hermin Erna Handayani Erny Rachmawati Farhan Sofyan Dermawan Fatmah Bagis Fatmah Bagis Fauzan Ozan Haidar Fitriati, Azmi Frida Utami, Restu Gemasari, Agustin Putriyana Hana Pratiwi, Atik Hariyaty Binti Ab Wahab Hariyaty Binti Ab Wahab Hartika, Aliza Dwi Haryanto, Totok Hermin Endratno Hermin Endratno Herni Justiana Astuti Humrotul Hasanah Ika Yustina Rahmawati Ikhsani, Mastur Mujib Irawan Randikaparsa Irawan Randikaparsa Istiqomah, Razita Izza Jovinda Percillia Ma’rifatul Umairoh Justiana Astuti, Herni Kharismasyah, Alfato Yusnar Khikmah, Alfiatun Kustriani, Vanda Rizki Laila Harun Basalamah Laila Nur Ajizah Layli, Alfina Nur Lestiana, Eli Lintang Ramdhani Larasati Maharani, Annisa Dwi Maulida Nurul Innayah Miftahuddin, Muchammad Agung Muhammad Agung Miftahudin, Muhammad Agung Muhammad Faqih Rachman, Faqih Naelati Tubastuvi Naelati Tubastuvi Niken Kharisma Pambayun Nirvananda, Anandita Nofianingsih, Elsa Nur Aisah, Triana Nur Akbar, Gilang Pratama Nur Maknunah, Syarifahtun Nur Saputri, Sylvia Nur Umami, Kharisma Aulia Nurhanifah, Salma Pamungkas, Ibnu Purnadi Purnadi Purnadi Purnadi, Purnadi Putri Utami, Cahya Ragil Setiyabudi, Ragil Rahmawati, Ika Yustina Rahmawati, Putri Galuh Ramadani, Arienda Gitty Randikaparsa, Irawan Regita Putri Utami Restu Frida Utami Reza Yogi Adi Pratama Rizza Adi Putra Rosi, Si Sagita, Ira Sekar Laras Ati Selamet Eko Budi Santoso Setiyaningrum, Anggun Sinta Dwi Febriyanti Sony Yuliansyah Susanti, Riska Dwi Susilo Wardani Suyoto Suyoto Suyoto Suyoto Suyoto Suyoto Suyoto Suyoto Suyoto Suyoto Suyoto Suyoto Sylvia Nur Saputri Tiara Diva Putriyanti Tiarto, Ahlan Gema Totok Haryanto Tri Septin Muji Rahayu, Tri Septin Wida Purwidianti Witasari, Rindi Wiwit Murfitriana Yayan Raihan Herdiansyah Yayan Raihan Herdiansyah Yudhistira Pradhipta Aryoko Yuliawati, Diastuti Yusnar Kharismasyah, Alfato Yustina Rahmawati, Ika Yusuf Enril Fathurrohman Zamakhsyari, Luthfi