Novia Maharani Yuliana Dewi Putri Sari
Diponegoro University, Semarang, Indonesia

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

ANALISIS PENGARUH LEVERAGE, EFEKTIVITAS ASET DAN SALES TERHADAP PROFITABILITAS SERTA DAMPAKNYA TERHADAP NILAI PERUSAHAAN (Studi pada Perusahaan di Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2007-2011) Yuliana Dewi Putri Sari, Novia Maharani; Chabachib, Mochammad
Diponegoro Journal of Management Volume 2, Nomor 3, Tahun 2013
Publisher : Faculty of Economics and Business Diponegoro University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (320.018 KB)

Abstract

Value of the firm became very important to the firm because investors always consider it before make investment decision. According to investor’s perception, value of the firm affected by firm financial performance because a good financial performance will give a great return to the investor and increase value of the firm. The previous research showed that there is a gap research, such as research by Nasehah (2012) and Hardiyanti (2012) have different result for observing the effect of Debt to Equity Ratio (DER) to Price to Book Value (PBV). Based on the data, it is known that there is a gap phenomenon. Therefore, further research is still needed. This study aims to analyze the effects of Debt to Equity Ratio (DER), Total Asset Turnover (TATO) and sales towards Return on Asset (ROA) and the impact to Price to Book Value (PBV).This study uses firms in consumer goods industry listed in Indonesian Stock Exchange (IDX) from 2007 until 2011 as the population which consist of 38 firms. There are 31 firms selected as samples using purposive sampling method. This study uses secondary data obtained from published financial report in Indonesian Stock Exchange (IDX). Data analysis tool used was Path Analysis with the help of Structural Equation Modeling (SEM) with 19.0 AMOS program.The result of this research showed the following resulst; Debt to Equity Ratio (DER) has negative and significant effect on Return on Asset (ROA), Total Asset Turnover (TATO) has positive and significant effect on Return on Asset (ROA), Sales has positive and significant effect on Return on Asset (ROA), Debt to Equity Ratio (DER) has positive and significant effect on Price to Book Value (PBV), Sales has positive and significant effect on Price to Book Value (PBV), and Return on Asset (ROA) has positive and significant effect on Price to Book Value (PBV). The result of Path Analysis showed that Sales indirectly influence Price to Book Value (PBV) through Return on Asset (ROA).
Millennial Employees Perception Of The Influence Of Transformational Leadership On Organizational Performance Through The Implementation Of Total Quality Management (TQM) Empirical Study at PT Asabri (Persero) Branch Offices Novia Maharani Yuliana Dewi Putri Sari; Andriyani Andriyani
Return : Study of Management, Economic and Bussines Vol. 2 No. 7 (2023): Return : Study of Management, Economic And Bussines
Publisher : PT. Publikasiku Academic Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57096/return.v2i7.125

Abstract

This study aims to analyze the influence of transformational leadership on organizational performance through the implementation of TQM according to the perception of millennial employees at PT ASABRI (Persero) Branch Offices. Organizational performance is a characteristic that describes the quality of the organization that can be achieved with invaluable results. In achieving optimal organizational performance, the role of a leader is needed. Transformational leadership is considered capable of motivating team members to perform above average. In addition, a system such as total quality management (TQM) is also needed  that is well implemented so that organizational performance is consistent with the goals that have been set. Organizational performance  is measured by a balanced scorecard (BSC) approach, TQM implementation is measured by criteria contained in  The Malcolm Baldrige National Quality Improvement Act and transformational leadership is measured by The Multifactor Leadership Questionnaire (MLQ).  The population in this study is millennial employees in 33 Branch Offices of PT ASABRI (Persero) spread throughout Indonesia. Samples were taken using purposive sampling techniques  so that as many as 134 millennial employees were selected as respondents to represent work units. The analysis technique used in the research is Structural Equation Modeling (SEM) with SmartPLS.3.0 software. The results showed that transformational leadership did not have a significant positive effect on organizational performance, transformational leadership had a significant positive effect on TQM implementation, and TQM implementation had a significant positive effect on organizational performance. In this study, it was also found that the implementation of TQM mediates the indirect influence between transformational leadership on organizational performance at PT ASABRI (Persero) Branch Offices. The results of this study contribute on the literary and practical side by providing a new understanding of the influence of transformational leadership on Organizational Performance through TQM Implementation in service companies.