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The Influence of Ownership Structure, Capital Structure, Investment Opportunities on Dividend Policy and Company Value Salju Salju; Sapar Sapar; Asrianti Asrianti
Jurnal Mantik Vol. 6 No. 1 (2022): May: Manajemen, Teknologi Informatika dan Komunikasi (Mantik)
Publisher : Institute of Computer Science (IOCS)

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Abstract

The purpose of this study is to analyze and explain the influence of capital structure ownership structure and investment opportunities directly or indirectly on firm value mediated by dividend policy. This study uses an explanatory approach. The population in this study were companies listed in the Indonesian Sharia Stock Index (ISSI) for the period 2013 to 2017 which amounted to 361 companies, and a sample of 42 companies. The data analysis used for hypothesis testing is the structure equation modeling (SEM) technique through the AMOS program. The results of this study indicate that: (1) Ownership structure and investment opportunities directly have a positive and insignificant effect on dividend policy, while their effect on firm value shows that ownership structure has a negative effect and investment opportunities have a positive effect. (2) Capital structure has a positive and significant effect on dividend policy and firm value. (3) The dividend policy directly has a positive and significant effect on firm value. (4) The indirect effect through dividend policy as a mediating variable shows that ownership structure and investment opportunities have a positive but not significant effect on firm value through dividend policy, while capital structure has a positive and significant effect on firm value through dividend policy. The findings of this study are the higher the ratio of ownership of the capital structure, and investment opportunities will tend to increase the ratio of dividend policy and firm value. However, there is a need for an increase in dividend policy because the role of dividend policy in Indonesian Sharia Stocks is still not strong in mediating institutional ownership structure and investment opportunities towards increasing firm value.
The Effect Of Fins Training On Leg Strength Of Freestyle Swimming In Beginner Swimmer At Garuda Laut Palopo Asrianti Asrianti; Rasyidah Jalil; Imam Pribadi
JUARA : Jurnal Olahraga Vol 8 No 1 (2023): JUARA: Jurnal Olahraga
Publisher : STKIP Muhammadiyah Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33222/juara.v8i1.2950

Abstract

The research is based on the increasing interest in swimming in the community and trying to provide an understanding that there are methods that can be used to increase the swimmers’ leg strength, especially freestyle swimming, by training methods using fins tools. Fins are one of the tools commonly used in diving. Fins consist of various types, including kaki kayak. Kaki kayaks or fins are made of rubber with widened shapes at the ends of the feet. Fins are swimming tools with many benefits, such as increasing propulsion speed for swimming practice. By using fins, swimmers can train leg muscle strength and produce swimming speed rates on freestyle legs; these fins can optimally increase the power of the legs and flex freestyle leg swings. Fins can also train flexibility in the ankles. The research used is quantitative research using experimental methods and the Discovery Learning approach. Discovery Learning is a method that aims to guide students to gain concepts from various data found through observation and experimentation. The research design used in this study is a one-group pretest-posttest design to compare conditions before and after treatment. Subjects from This research is a beginner swimmer at Garuda Laut Palopo, and this practice is carried out in the Wae Kambass swimming pool. The sample in this study were novice swimmers at the Palopo Sea Garuda. The population of this study is all beginner swimmers who are members of the Palopo Laut Garuda Club, totaling 15 people. Samples were taken by setting the age criteria of 9-21 years; novice swimmers included in this criterion counted ten people. The results of the research and discussion of the data obtained using a statistical approach concluded that there was a "significant effect of training using fins aids on the strength of the 50-meter freestyle leg swimming for beginner swimmers, Garuda Laut Palopo. From the conclusions above, several suggestions can be conveyed, namely to generate strength in freestyle swimming, especially in the legs.