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Working Capital and Financial Performance of Indonesian Manufacturing Companies: Before and During COVID-19 Ruhadi, Ruhadi; Mai, Muhamad Umar; Sudradjat, Sudradjat
Jurnal Internasional Penelitian Bisnis Terapan Vol 6 No 01 (2024)
Publisher : Politeknik Negeri Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research intends to reveal two important thoughts related to changes in working capital policies before and during the COVID-19 pandemic in Indonesia. This is essential since most companies’ working capital policy is aggressive during the normal period but conservative during the difficult period (such as COVID-19), where the demand for products fall off due to a decrease in people's purchasing power. Further, this study attempts to investigate the impact of working capital on company financial performance for both time periods. This study used a sample of manufacturing companies listed on the Indonesian capital market from 2017 to 2021. The Wilcoxon signed-rank test was employed to assess changes in working capital policies while panel data regression was utilized as an analytical technique to test the impact of working capital policies on financial performance. This study reveals that, first, working capital policies measured by Cash Holding Level (CHL) expanded dramatically during COVID-19 but remained unchanged when being measured by Cash Interactive Effect (CIE) and Gross Working Capital Ratio (GWCR). Second, working capital policies prior to COVID-19 measured by CHL and CIE had a favorable and significant effect on company financial performance, measured by Return on Assets (ROA) and Return on Equity (ROE).
Pengaruh Partisipasi Anggaran Dan Motivasi Terhadap Kinerja Karyawan Putra, Aprilian; Sudradjat, Sudradjat; Sastra, Heri; Nurjanah, Yayuk
Jurnal Ilmiah Akuntansi Kesatuan Vol. 10 No. 1 (2022): JIAKES Edisi April 2022
Publisher : Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jiakes.v10i1.1265

Abstract

Partisipasi penyusunan anggaran dan motivasi adalah faktor yang memiliki pengaruh pada kinerja karyawan. Pendekatan yang dipilih oleh peneliti adalah pendekatan kuantitatif studi kasus. Penelitian ini bermaksud untuk mengetahui pengaruh partisipasi anggaran dan motivasi pada kinerja karyawan BPJS Ketenagakerjaan. Teknik dalam pengambilan data dengan cara mem-blasting kuesioner melalui email kepada populasi yakni seluruh Kepala Bidang dan Asisten Deputi di seluruh unit kerja yang berjumlah 615 orang . Alat analisis data yang digunakan pada penelitian ini adalah analisis liner berganda. Hasil Penelitian menunjukkan bahwa (1) Partisipasi anggaran berpengaruh terhadap kinerja karyawan di BPJS Ketenagakerjaan. Sehingga karyawan yang diikutkan dan di partisipasikan dalam penyusunan anggaran, mempengaruhi kinerja karyawan. (2) Motivasi berpengaruh terhadap kinerja karyawan di BPJS Ketenagakerjaan. Atasan dan atau rekan yang memberikan motivasi kepada karyawan merupakan pendorong peningkatan kinerja karyawan. (3) Partisipasi anggaran dan Motivasi berpengaruh terhadap kinerja karyawan di BPJS Ketenagakerjaan. Dengan adanya pengaruh pastisipasi anggaran dan juga motivasi akan meningkatkan kinerja karyawan secara signifikan.
Kondisi Vegetatif Tanaman Sagu (Metroxylon Spp) Saat Fase Masak Tebang di Kabupaten Luwu Timur: Vegetative Conditions of Sago (Metroxylon spp.) Plants During Falling Phase in East Luwu District Prasetyo, Rian; Muhammad Hasjim Bintoro Djoefrie; Sudradjat, Sudradjat
Perbal: Jurnal Pertanian Berkelanjutan Vol. 11 No. 2 (2023): Perbal: Jurnal Pertanian Berkelanjutan
Publisher : Fakultas Pertanian Universitas Cokroaminoto Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30605/perbal.v11i2.2590

Abstract

Sagu merupakan salah satu bahan pangan alternatif untuk mendukung konsumsi pangan di masa depan. Kabupaten Luwu Timur merupakan daerah yang cocok untuk pertumbuhan tanaman sagu. Aspek sagu dari beberapa lokasi memiliki karakteristik masing-masing, terutama pada saat panen. Tujuan dari penelitian ini adalah untuk mengetahui pertumbuhan tanaman sagu pada saat panen di Kabupaten Luwu Timur. Metode penelitian yang digunakan adalah observasi di lapangan dan wawancara dengan petani setempat. Bahan yang digunakan adalah dua aksesi sagu di tiga lokasi, yaitu Kecamatan Wotu, Kalaena, dan Mangkutana. Penelitian dilakukan terhadap variabel tinggi tanaman, diameter batang, lingkar batang, tebal kulit batang, panjang daun, luas daun, panjang tangkai daun, lebar tangkai daun, dan bentuk tajuk. Berdasarkan hasil penelitian, karakter morfologi sagu di Kabupaten Luwu Timur pada saat matang panen memiliki tinggi tanaman berkisar antara 8,7-12,6 m dan jumlah anak daun 8-21 helai. Permukaan batang Aksesi Uwwu memiliki bekas daun dan tertutup lumut sehingga terkesan tidak mulus sedangkan Aksesi Battang masih memiliki tampilan yang mulus karena tidak ada bekas daun dan lumut yang tumbuh, tangkai daun dan rachis yang paling besar terdapat pada Aksesi Battang Wotu. Tajuk Aksesi Uwwu pada saat masak panen lebih lebar dibandingkan dengan Aksesi Battang, namun anak daun Aksesi Battang lebih banyak. Sago is one of the alternative food staples for supporting future food consumption. East Luwu Regency is a suitable area for sago plant growth. Sago aspects from several locations have their characteristics, especially during the harvesting point. The intention of this study was to determine Sago plant growth during the harvesting phase in East Luwu Regency. The research method used was observation in the field and interviews with local farmers. Materials used were two sago accessions in three locations, as Wotu, Kalaena, and Mangkutana districts. The research was conducted on variables of plant height, stem diameter, stem ring, skin thickness, leaf length, leaf area, petiole length, petiole width, and canopy shape. Based on the research, sago morphological characters in East Luwu Regency at harvest maturity have plant heights ranging from 8.7-12.6 m and 8-21 leaflets. The stem surface of Uwwu Accession has leaf marks and is covered with moss so it seems unsmooth while Battang Accession still has a smooth appearance because no leaf marks and moss are growing, the largest petiole and rachis are found in Battang Wotu Accession. The canopy of the Uwwu Accession at harvest maturity is wider than the Battang Accession, but the leaflets of the Battang Accession are more numerous.
Pendampingan Penentuan Harga Pokok Produksi Dan Harga Pokok Penjualan Bagi Umkm Kota Bogor Purba, Jan Horas Veryady; Sudradjat, Sudradjat; Tobing, Maju Lumban
Jurnal Abdimas Dedikasi Kesatuan Vol. 4 No. 1 (2023): JADKES Edisi Januari 2023
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jadkes.v4i1.2342

Abstract

This Community Service Activity aims to provide assistance to Bogor City MSMEs so that they are able to calculate the Cost of Goods Production as a basis for determining Product Selling Prices. MSMEs in Indonesia are the main driver of the economy. Apart from that, there are several obstacles faced by MSME players. One of these obstacles is the lack of knowledge of MSME actors in financial aspects, such as determining the Cost of Goods Production (HPP) as a basis for determining the selling price of products. This problem is also felt by Bogor City MSME business actors. Therefore, this community service activity was carried out to help solve this problem. The aim of this activity is to increase the understanding of MSME actors in determining the Cost of Production (HPP) and selling prices. The method of this activity is carried out by providing counseling and at the same time direct assistance to Bogor City MSMEs. The results of this community service are marked by the participants' enthusiasm and ability to receive the material and being able to carry out practice in calculating production costs, cost of production and cost of goods sold as well as the cost of each product as a basis for determining the selling price. The results of this activity are very beneficial for City MSMEs Bogor.   Keywords: Cost of Production, Selling Price. MSMEs
Application of Empty Fruit Bunches of Oil Palm and Indigofera zollingeriana for Conservation of Oil Palm Plantation Saijo, Saijo; Sudradjat, Sudradjat; Yahya, Sudirman; Hidayat, Yayat; Rosawanti, Pienyani
PLANTA TROPIKA Vol 10, No 2 (2022)
Publisher : Department of Agrotechnology, Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/pt.v10i2.15467

Abstract

Oil palm empty fruit bunches are materials used as organic fertilizers that can be applied to oil palm plantations, thereby reducing the use of inorganic fertilizers. Indigofera zollingeriana is an appropriate alternative as an interplant because of its high branch and leaf development. Functions as a ground cover and a supplier of carbon stocks naturally plays a role in water and soil conservation. This study aims to determine the effect of oil palm empty fruit bunches and I. zollingeriana on land improvement to support oil palm growth and production. Variables observed included changes in soil water content, soil microorganism activity, and carbon stock. The results showed that the soil planted with I. zollingeriana and given the empty fruit bunches of oil palm had a higher soil moisture content. The highest soil carbon stock, oil palm carbon stock, and vegetation carbon stock were 81.6 t ha-1, 36.60 t ha-1, and 1.89 t ha-1, respectively. The population and activity of microorganisms varies. The highest total microorganisms were treated with I. zollingeriana and oil palm EFB 105 (10⁵CFU g-1), while the lowest was 60 (10⁵CFU g-1). Planting I. zollingeriana and providing oil palm empty fruit bunches increased groundwater reserves by 36.71%.
Tinjauan Atas Prosedur Pengelolaan Persediaan Pada Hotel Pesona Alam Resort & Spa Amanda, Dina; Sudradjat, Sudradjat; Suryanti, Cecilia Valentina Sri Hadi
Jurnal Ilmiah Pariwisata Kesatuan Vol. 4 No. 2 (2023): JIPKES Edisi Juli 2023
Publisher : Prodi Pariwisata dan LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jipkes.v4i2.2071

Abstract

ABSTRACT Inventory is a fairly large current asset and has an important role in every company. Inventory is used to support the company's operational activities. Inventory management activities need to be carried out with correct procedures so that inventory security can be maintained. Security needs to be maintained starting from the purchasing process, storage to the inventory dispensing process. The purpose of this review is to understand how inventory management procedures are implemented at the Pesona Alam Resort & Spa Hotel in order to meet the needs of the company's operational activities. Apart from that, to find out the documents used and related parts in inventory management procedures at the Pesona Alam Resort & Spa Hotel. The results of the review show that inventory management procedures comply with the SOP determined by the company and are also implemented well. There is a separation of duties between related sections and the completeness of the documents is quite good. Keywords: Inventory Management
Pemberdayaan Petani Berbasis Pengembangan Pisang Unggulan di Kabupaten Ciamis Nurahman, Ivan Sayid; Aziz, Sepul; Sudradjat, Sudradjat
Abdimas Galuh Vol 6, No 2 (2024): September 2024
Publisher : Universitas Galuh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25157/ag.v6i2.14324

Abstract

Potensi lahan di pedesaan yang sangat besar untuk dimanfaatkan masyarakat melalui kegiatan pemberdayaan dapat meningkatkan perekonomian. Pisang menjadi salah satu komoditas unggulan untuk dikembangkan di pedesaan yang relatif mudah untuk dibudidayakan dan memiliki nilai yang cukup tinggi. Namun, hal tersebut belum diimbangi dengan model pengelolaan pisang yang terintegrasi dari hulu ke hilir. Melalui kegiatan pengabdian kepada masyarakat dengan penyuluhan intensifikasi budidaya tanaman pisang, pendampingan pembuatan demplot pembibitan pisang, dan pemodelan ekspo (festival) pisang unggulan diharapkan mampu meningkatkan produksi dan produktivitas tanaman pisang. Selain itu, menjaga ketersediaan bibit pisang sekaligus merangsang dan memotivasi masyarakat untuk mau mengusahakan tanaman pisang secara intensif. Metode yang digunakan dalam kegiatan pengabdian ini yaitu metode instruksional yang diikuti dengan praktek, ekspo dan pembuatan demplot. Hasil dari kegiatan pengabdian ini menunjukkan bahwa pengetahuan petani meningkat terkait cara budidaya tanaman pisang sesuai rekomendasi teknis. Hal itu teraktualisasikan dalam pengelolaan demplot pembibitan pisang disertai pendampingan intensif oleh tim pengabdian. Festival pisang terselenggara berkat kerja sama berbagai pihak terkait, hal ini terbukti mampu menarik perhatian dan partisipasi masyarakat untuk ikut mengembangkan pisang unggulan.
Evaluasi Dampak Lingkungan pada Pembibitan Kelapa Sawit (Elaeis guineensis Jacq.) dengan Pendekatan Penilaian Daur Hidup Sukmawan, Yan; Dewi, Rosita; Riniarti, Dewi; Agusta, Herdhata; Sudradjat, Sudradjat
Jurnal Sumberdaya Alam dan Lingkungan Vol 11, No 2 (2024)
Publisher : Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.jsal.2024.011.02.2

Abstract

ABSTRAK Sebagai tahap awal dalam siklus hidup tanaman kelapa sawit (Elaeis guineensis Jacq.), praktik pembibitan kelapa sawit menjadi aspek penting yang memerlukan evaluasi lebih dalam. Pemahaman mengenai dampak lingkungan pada fase pembibitan adalah kunci untuk merancang strategi pengelolaan yang berkelanjutan, mengurangi kerusakan ekosistem, dan mencapai keseimbangan antara produksi dan konservasi alam. Penelitian ini bertujuan untuk menganalisis dampak lingkungan pembibitan kelapa sawit di Unit Pembibitan Kelapa Sawit (UPKS) Politeknik Negeri Lampung menggunakan pendekatan penilaian daur hidup atau life cycle assessment (LCA). Studi ini difokuskan pada penilaian daur hidup gate-to-gate yang dilaksanakan dari Oktober hingga Desember 2023. Data dikumpulkan melalui kunjungan lapang dan wawancara dengan pengelola UPKS. Ruang lingkup LCA dimulai dari penerimaan kecambah hingga bibit siap salur. Permodelan dampak lingkungan menggunakan openLCA versi 2.0.3 dengan metode CML-IA baseline dan database pendukung Agribalyse v3.0.1. Hasil penelitian menunjukkan bahwa secara umum pembibitan kelapa sawit memberikan dampak lingkungan yang tidak signifikan. Kontribusi dampak lingkungan terbesar berasal dari dampak sekunder, khususnya marine aquatic ecotoxicity sebesar 190.52122 kg 1,4-DB eq. dan abiotic depletion (fossil fuels) sebesar 5.65733 MJ. Dampak primer potensi global warming (GWP100a) sebesar 0.27033 kg CO2 eq. yang dominan berasal dari penggunaan polybag dan potensi human toxicity sebesar 0.08227 kg 1,4-DB eq. Upaya pengurangan dampak lingkungan dapat dilakukan dengan penggunaan pot tray yang dapat digunakan berulang kali atau alternatif polybag dari bahan organik, kombinasi pupuk anorganik dan pupuk organik untuk mengurangi dosis pupuk anorganik, dan mengurangi laju evapotranpirasi dari tanaman dan media tanam dengan penggunaan mulsa organik dan media tanam yang mengandung bahan organic. Kata kunci: dampak lingkungan, kelapa sawit, LCA, pemanasan global, pembibitan ABSTRACT As the initial stage in the oil palm (Elaeis guineensis Jacq.) plant life cycle, oil palm seedling cultivation becomes a crucial aspect that requires in-depth evaluation. Understanding the environmental impact at the seedling phase is critical to designing more sustainable management strategies, reducing ecosystem damage, and achieving a balance between production and conservation. This study aims to present an environmental impact analysis of oil palm seedling cultivation at the Oil Palm Nursery Unit (UPKS) of Politeknik Negeri Lampung using the life cycle assessment (LCA) approach. This study focuses on a gate-to-gate life cycle assessment conducted from October to December 2023. Data were collected through field visits and interviews with UPKS managers. The LCA scope covers from seed acceptance to ready-to-distribute seedlings. Environmental impact modeling used openLCA version 2.0.3 with the CML-IA baseline method and supporting database Agribalyse v3.0.1. Results indicate that oil palm seedling nursery generally has an insignificant environmental impact. The most substantial contributions come from secondary impacts, mainly marine aquatic ecotoxicity at 190.52122 kg 1,4-DB eq. and abiotic depletion (fossil fuels) at 5.65733 MJ. Primary impacts are potential global warming (GWP100a) at 0.27033 kg CO2 eq., primarily from polybag use, and potential human toxicity at 0.08227 kg 1,4-DB eq. Efforts to mitigate environmental impacts can be achieved by using reusable pot trays or organic material-based polybags as alternatives, coupled with a combination of inorganic and organic fertilizers to reduce the dosage of inorganic fertilizers. Additionally, curtailing evapotranspiration rates from plants and growing media can be accomplished by employing organic mulch and growing media enriched with organic matter. Keywords:  environmental impact, global warming, LCA, nursery, oil palm
Strategi Peningkatan Portofolio Kredit Usaha Rakyat Pasca Pandemi Covid-19 Pada PT Bank Syariah Indonesia, Tbk Area Bekasi Prabowo, Aji Patra Aria; Hubeis, Musa; Sudradjat, Sudradjat
MANAJEMEN IKM: Jurnal Manajemen Pengembangan Industri Kecil Menengah Vol. 19 No. 2 (2024): Manajemen IKM
Publisher : Institut Pertanian Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/mikm.19.2.101-110

Abstract

Micro, Small, and Medium Enterprises are one of important businesses in national economic growth, there are 195,553 MSMEs in the city and district of Bekasi based on KEMENKOP data and the Bank has an important role in the development of the sector in Indonesia. Bank Syariah Indonesia (BSI) is one of the Islamic financial institutions that provides financing through the People's Business Credit (KUR) program but with a portfolio still below conventional banks so a strategy is needed to increase the value of the KUR portfolio at PT BSI, Tbk. The research methodology uses a qualitative and quantitative mixed-method approach. The objectives of this study are (1) to analyze the current condition of MSMEs receiving KUR from PT BSI, Tbk, Bekasi Area, (2) to analyze the KUR portfolio of PT BSI, Tbk Bekasi Area, and (3) to develop a strategy to increase the KUR portfolio of PT BSI, Tbk Bekasi Area. The data used in this research are primary and secondary data. Primary data was obtained from selected respondents directly through questionnaires, interviews, and Focus Group Discussion. Secondary data is obtained from literature studies and BI internal and external data. The analysis used in this research is descriptive/situational analysis to explain existing phenomena and conditions and the Analytic Hierarchy Process (AHP). This study uses 211 customer data as a population. For analysis purposes, this study took a sample of 10% of the customer population. Sampling and research were taken in the Bekasi area because (1) The researcher's office is in the Bekasi area, (2) Based on the results of KEMENKOP data, the number of Micro, Small and Medium Enterprises in the Bekasi area is suitable for research, (3) Micro, Small and Medium Enterprises in Bekasi city can represent each KUR distribution segment. The results showed that most respondents did not experience difficulties in paying KUR loans and the strategy that was considered the most reliable in increasing the KUR portfolio of PT BSI, Tbk was to provide a special program for MSMEs that were bankable (KUR micro to KUR small class).
Application of Empty Fruit Bunches of Oil Palm and Indigofera zollingeriana for Conservation of Oil Palm Plantation Saijo, Saijo; Sudradjat, Sudradjat; Yahya, Sudirman; Hidayat, Yayat; Rosawanti, Pienyani
PLANTA TROPIKA Vol. 10 No. 2 (2022)
Publisher : Department of Agrotechnology, Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/pt.v10i2.15467

Abstract

Oil palm empty fruit bunches are materials used as organic fertilizers that can be applied to oil palm plantations, thereby reducing the use of inorganic fertilizers. Indigofera zollingeriana is an appropriate alternative as an interplant because of its high branch and leaf development. Functions as a ground cover and a supplier of carbon stocks naturally plays a role in water and soil conservation. This study aims to determine the effect of oil palm empty fruit bunches and I. zollingeriana on land improvement to support oil palm growth and production. Variables observed included changes in soil water content, soil microorganism activity, and carbon stock. The results showed that the soil planted with I. zollingeriana and given the empty fruit bunches of oil palm had a higher soil moisture content. The highest soil carbon stock, oil palm carbon stock, and vegetation carbon stock were 81.6 t ha-1, 36.60 t ha-1, and 1.89 t ha-1, respectively. The population and activity of microorganisms varies. The highest total microorganisms were treated with I. zollingeriana and oil palm EFB 105 (10⁵CFU g-1), while the lowest was 60 (10⁵CFU g-1). Planting I. zollingeriana and providing oil palm empty fruit bunches increased groundwater reserves by 36.71%.
Co-Authors Ade Wachjar Afifah Farida Jufri Agung Marsubowo, Agung Agus Ismangil AI DARIAH Amanda, Dina Aminuyati Anita Darwis Arief, Khozin Ariz, Nail Fadhillah Arvin, Amanda Thalia Arwan Gunawan Asep Saepulrohman Asyifa, Siti Aziz, Sepul Budi Kartiwa Callista, Christine Dahtiah, Neneng Dewi Riniarti Dewi, Ratih Kemala Dhika Prita Hapsari Dwi Putri Wulandari Eko Sulistyono Eltis Panca Ningsih, Eltis Panca Ervizal AMZU Fatimah Abdillah Febriyan, Febriyan Feni Shintarika Firdaus Amyar Furqoni, Hafith H. Soedarmadi Hafith Furqoni, SP., M.Si. Ph.D. Haris Syahbuddin Hariyadi , Hariyadi, Hariyadi Herdhata Agusta Heri Sastra Hidayat Saputra Irwan Siallagan Ishak, Jouzar Farouq Jan Horas Veryady Purba Jasmadeti, Jasmadeti Karnita Yuniarti, Karnita Kukuh Murtilaksono Larasati, Dinda Lawrence, Sabrina Luh Putu Ratna Sundari M A Chozin M. Ghulamahdi Maju Lumban Tobing Mochamad Umar Mai Moermahadi Soerja Djanegara Muhammad Hasjim Bintoro Djoefrie Muhammad Hasyim Bintoro Mulia, Isnan Munif Ghulamahdi Musa Hubeis Natalia Puteri Widiastuti Pienyani Rosawanti Prabowo, Aji Patra Aria Prasetia, Ega Nur Purnamayani, Rima Putra, Aprilian Putra, Yoga Adi Putri, Wulan Wahyuni Rossa Rizki Fauziah Ramadhaini Rosita Dewi Rovishany, Nabila Daffa Ruhadi Ruhadi Saijo Selvie D. Anis Setia, Budi Soedarmadi Hardjosoewignyo Sofyan Zaman sudirman Yahya Sudirman Yahya Sudirman Yahya Sugiyanta Supijatno Suryanti, Cecilia valentina Sri Hadi Sutarta, Edy Sigit Sutarta Sigit Syahrbanu Aqilah Nainawa Tarigan , Suria Darma Tullah, Dewi Sarifah Vira Irma Sari Wahyu Gendam Prakoso, Wahyu Gendam Yan Sukmawan Yan Sukmawan, Yan Yanti Rufaedah, Yanti Yayat Hidayat Yayuk Nurjanah Yenni Asbur