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The Effect of Treasury Turnover, Receivable Turnover, Working Capital Turnover and Current Ratio against Profitability Registered Food and Beverage Companies in Indonesia Stock Exchange for the Period 2013 – 2018 Nelly Nelly; Nagian Toni
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 3, No 3 (2020): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v3i3.1117

Abstract

Every company certainly always wants to achieve maximum profitability in carrying out its business activities. This study aims to determine the effect of treasury turnover, accounts receivable turnover, working capital turnover and current ratio on profitability of food and beverage companies listed on the Indonesia Stock Exchange in the period 2013-2018. This research method uses quantitative research methods. This type of research used in this research is quantitative descriptive research. The nature of the research is explanatory research, namely research carried out by explaining or describing the influence exerted on a variable against other variables so that it can know the magnitude of the influence exerted. The population in this study were 22 companies consisting of 6 years. The selection of sampling in this study uses purposive sampling technique that is sampling with certain criteria so that the number of samples taken is 42 samples. The data analysis method used is multiple regression analysis. The results of the hypothesis show that partial treasury turnover and accounts receivable turnover do not affect profitability, but working capital turnover and current ratio affect profitability. Simultaneous testing of treasury turnover, accounts receivable turnover, working capital turnover and current ratio significantly influence profitability. The coefficient of determination is 55.5%, which means that 55.5% of the variation of the dependent variable (profitability) can be explained by the variation of the independent variables in this study.
The Analysis of Factors Affecting Dividend Policy in Food and Beverage Sector Manufacturing Companies Listed in Indonesia Stock Exchange in 2015-2017 Nia Angelia; Nagian Toni
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 3, No 2 (2020): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v3i2.918

Abstract

Dividend policy is one of the policies in the company that must be considered and considered carefully. The dividend policy determines the amount of profit allocation that can be distributed to shareholders (dividends) and the profit allocation that a company can hold. The greater the retained earnings, the smaller the profits that will be distributed to shareholders. In the allocation of profits, various kinds of problems are encountered. Dividends are considered as a way to reduce the problems that arise between management and shareholders by giving the rights of shareholders. There are several factors that influence dividend policy, but researchers only examine three variables, namely liquidity, profitability and leverage. This study aims to examine the effect of variable liquidity, profitability and leverage on dividend policy both partially and simultaneously. The sample of this study is the food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange in 2015-2017 with a total of 25 companies using a purposive sampling method obtained as many as 18 sample companies. The analytical method used is the classic assumption test and hypothesis testing and multiple linear analyses. The results showed that simultaneously all independent variables influence dividend policy. Profitability partially affects dividend policy while liquidity and leases partially do not affect dividend policy. The adjusted R square value of 0.382 indicates the dependent variable (Dividend Payout Ratio) can be explained by the independent variables (liquidity, profitability and leverage) of 38.2%.
The Influence of Service Quality, Tuition Fee and Promotion on Student Decisions to Continue Study in Postgraduate of Prima Indonesia University Regina Fortunata; Nagian Toni
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 3, No 2 (2020): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v3i2.910

Abstract

The Prima Indonesia University (UNPRI) Postgraduate School is one of the Postgraduate programs in Medan. Various efforts to maintain and improve service quality have been made, as well as tuition fees have been set within an affordable and competitive range, as well as intense promotion, however these efforts have not succeeded in increasing the number of UNPRI Postgraduate School students, instead they have decreased each year. The purpose of this study is to find the factors that cause the low number of student registrants and develop alternative strategies and policies that can be implemented by management. UNPRI School to increase the number of student registrants through quality service, tuition fees, and promotions. This type of research is survey research. The questionnaire was distributed by clustered random sampling to 89 active students at the UNPRI Postgraduate School. From the results of the analysis, it was found that 42.7% of the decisions of students registering to continue their studies at the UNPRI Postgraduate School were influenced by Service Quality, Tuition, and Promotion, while 57.3% were influenced by other variables outside the variables used in this study. Service quality variables, tuition fees, and promotions together significantly influence student decisions. However, based on partial testing, the variable tuition does not significantly affect student decisions. On the contrary, service quality and promotion variables have a significant effect partially on student decisions.