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Journal : J-MAS (Jurnal Manajemen dan Sains)

Tinjauan Kinerja Keuangan dan Kebijakan Dividen terhadap Nilai Perusahaan Yudha Aditya; M. Hendri Yan Nyale
J-MAS (Jurnal Manajemen dan Sains) Vol 7, No 2 (2022): Oktober
Publisher : Universitas Batanghari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/jmas.v7i2.577

Abstract

The consumer goods industry is one of the sectors that can increase the country's economic growth and can survive in any conditions so that it has the best performance opportunity than other sectors. the goods industry is able to contribute to the country by 58% even the consumption sector index has only decreased by 5.5% since the last 10 years. This study was conducted to determine the effect of financial performance in the form of profitability, leverage, liquidity and dividend policy on firm value, the theory used is signal theory. The population uses the consumer goods industrial sector for the period 2017-2021 as many as 76 companies and a sample that can be opened is 14 companies using purposive sampling technique. Analysis in this study using SPSS software, data analysis used descriptive statistics, classical assumption tests include normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. For the hypothesis use, t test, and the coefficient of determination (R2) using multiple linear regression analysis. The results of this study indicate that profitability and dividend policy have a significant positive effect on firm value, while leverage and liquidity have no significant effect on firm value.
Pengaruh Operating Capacity, Sales Growth dan Firm Size terhadap Financial Distress Yohana Yohana; M. Hendri Yan Nyale
J-MAS (Jurnal Manajemen dan Sains) Vol 8, No 1 (2023): April
Publisher : Universitas Batanghari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/jmas.v8i1.734

Abstract

The purpose of this study was to determine whether operating capacity, sales growth and firm size affect the occurrence of financial distress conditions. The object of the research was the textile sector companies listed on the Indonesia Stock Exchange in 2016 – 2021. The sampling technique used purposive sampling with a sample of 60 secondary data in the form of annual financial reports and other financial data information that was processed based on the criteria for the financial year period in on. Observation of research data was carried out in the period from June to July 2022 on the website www.idx.co.id. The results of research and descriptive statistical tests using the G-Score model show that operating capacity, sales growth and firm size simultaneously have a significant effect on the prediction of financial distress. However, partially from the independent variable test, the results showed that only the sales growth variable had a significant effect on the prediction of financial distress with a Sig value of 0.997 with a probability value below or less than Sig 0.05. While other research variables have no effect on the prediction of financial distress or Sig greater than 0.05.