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DEFISIT VS SURPLUS FINANSIAL DAN KETERKAITANNYA DENGAN STRUKTUR MODAL Puspitowati, Ida; Nuringsih, Kartika; Amelinda, Rita
Jurnal Muara Ilmu Ekonomi dan Bisnis Vol 2, No 1 (2018): Jurnal Muara Ilmu Ekonomi dan Bisnis
Publisher : Lembaga Penelitian dan Pengabdian Kepada Masyarakat, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jmieb.v2i1.1753

Abstract

Keputusan pendanaan merupakan kombinasi pendanaan jangka panjang dan jangka pendek dengan mempertimbangkan kemampuan membayar biaya modal kepada investor. Salah satu faktor dipertimbangkan sebelum menambah sumber dana adalah kondisi defisit vs surplus finansial sehingga tujuan riset mengekplorasi kondisi tersebut serta keterkaitanya dengan perubahan struktur utang. Pertama mengidentifikasi kondisi defisit vc surplus finansial berdasarkan pembayaran dividen, investasi jangka panjang, modal kerja bersih dan internal cash flow. Kedua membandingkan jumlah rata-rata penambahan utang jangka panjang antara kondisi surplus dengan deficit. Ketiga menguji efek indikator serta kondisi defisit financial terhadap perubahan utang. Dilakukan observasi 292 sektor manufaktur terdaftar di BEI periode 2008-2013 dengan hasil yaitu: (1) Terdapat perbedaan rata-rata perubahan utang jangka panjang antara deficit dengan surplus keuangan, (2) Terdapat pengaruh signifikan 1% diantara indikator deficit keuangan terhadap perubahan utang. (3) Deficit financial berpengaruh positif signifikan 1% terhadap perubahan utang. Hasil mengidentifikasi pentingnya deteksi kondisi financial untuk memonitor perubahan struktur utang. Terakhir, disimpulkan bahwa strategi pendanaan belum sepenuhnya menganut pecking order theory, melainkan terjadi kombinasi dengan trade off models.
Analisis Faktor Pengendali Konflik Keagenan Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Moderasi Amelinda, Rita
Jurnal Manajemen Vol 22, No 2 (2018): June 2018
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (456.507 KB) | DOI: 10.24912/jm.v22i2.355

Abstract

The purpose of this research is to measure the influence between agency conflict’s factors to the value of the firm with dividend policy as the moderating variable. Some of variables which are used in this research such as Free Cash Flow Ratio, Leverage, Return on Asset, GCG’s Implementation (CGPI), Dividend Policy, danValue of The Firm (Tobin’s Q). This research sample consisted of 126 observations which are the listed company in Indonesia Stock Exchange (IDX) during 2008-2014 period and they also are the company with the best GCG index. The results showed thatFree Cash Flow Ratio, Leverage, Return on Asset, GCG’s Implementation (CGPI), Dividend Policy have significant effect simultaneously on Value of The Firm (Tobin’s Q). While in partial, only GCG’s Implementation (CGPI) which doesn’t has significant effect onValue of The Firm (Tobin’s Q). On the other hand, dividend policy significantly moderated the influence of the other 4 independent variables to the value of the firm.
Faktor-Faktor Prediktor Investment Opportunity Set Dan Firm Value Pada Perusahaan Propertydan Real Estate Yang Terdaftar Di Bei Rita Amelinda dan Indra Widjaja
Jurnal Manajemen Bisnis dan Kewirausahaan Vol 2, No 2 (2018): Jurnal Manajemen Bisnis Dan Kewirausahaan
Publisher : Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (806.52 KB) | DOI: 10.24912/jmbk.v2i2.4828

Abstract

Great integration and similar point of view between  stakeholders are essential to build an optimal firm value. As alongwith firm value, most of investor also view rate of return in their investment. Therefore, investment opportunity set could also become a mediator to optimize firm value. Recently ,in a crisis and financial distress condition, these two main variables lead to dilemma for some company such. This study aims to find out about the factors which predict the firm value and investment opportunity set. The sample of this research consist on 39 companies in property and real estate industry sector which listing in Indonesia Stock Exchange (IDX) between 2012 until 2016 period. This research used panel regression analysis with fixed effect method to test their hypothesis. The conclusion of this study indicate that simultaneously, leverage, financial risk, free cash flow, institutional ownership, and working capital affect the firm value significantly. While, partially, only leverage, free cash flow, and working capital which affect the firm value significantly. On the other hand, investment opportunity set has only perfectly mediating between financial risk and institutional ownership to firm value and partially mediating leverage to firm value.
Analisis Faktor Pengendali Konflik Keagenan Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Moderasi Rita Amelinda
Jurnal Manajemen Vol. 22 No. 2 (2018): June 2018
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jm.v22i2.355

Abstract

The purpose of this research is to measure the influence between agency conflict factors to the value of the firm with dividend policy as the moderating variable. Some of the variables which are used in this research such as the Free Cash Flow Ratio, Leverage, Return on Assets, GCG's Implementation (CGPI), Dividend Policy,  and Value of The Firm (Tobin's Q). This research sample consisted of 126 observations which are the listed company in Indonesia Stock Exchange (IDX) during the 2008-2014 period and they also are the company with the best GCG index. The results showed that Free Cash Flow Ratio, Leverage, Return on Asset, GCG's Implementation (CGPI), Dividend Policy have significant effects simultaneously on the Value of The Firm (Tobin's Q). While in partial, only GCG's Implementation (CGPI) doesn't have a significant effect on the value of The Firm (Tobin's Q). On the other hand, dividend policy significantly moderated the influence of the other 4 independent variables on the value of the firm.
Sustainable Entrepreneurial Intention: The Perceived of Triple Bottom Line among Female Students Kartika Nuringsih, Nuryasman MN, IwanPrasodjo, Rita Amelinda
Jurnal Manajemen Vol. 23 No. 2 (2019): June 2019
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jm.v23i2.472

Abstract

The purpose of the study is to investigate the factors associated with the sustainable entrepreneurial intention on undergraduate students. In line with the sustainable development program, it observes the intention which is perceived by female students. Based on previous of studies, four variables are determined, consisting of role models, entrepreneurship education, entrepreneurial support, and green value. The female students of an economics faculty from one of the entrepreneurial universities in Jakarta were selected as the sample for the study. By using multiple regression, determinants of student intention was computed. Results are shown as follows: the perceived green value is able to predict the intention. Inversely, perceived role models, entrepreneurship education, and entrepreneurial support are insignificant. Understanding their perceptions within the concept of sustainable entrepreneurship is an important stage when designing the mechanism of triple bottom line implementation in the high education level, specifically in developing the entrepreneurial education.
Parabolic Effect Between Managerial Ownership And Firm Value To Control Agency Conflict Margarita Ekadjaja, Halim.P. Siswanto, K. Nuringsih, R. Amelinda
Jurnal Manajemen Vol. 23 No. 3 (2019): October 2019
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jm.v23i3.569

Abstract

This research attempts to place the ownership structure, which includes managerial ownership, institutional ownership, foreign ownership, and concentration ownership as determinants to predict value of the firm. Managerial ownership will be identified and analyzed on its possibility to form the inverse U-shape relationship pattern, therefore the test on parabolic effect between managerial ownership using Tobin’s Q can be conducted. Meanwhile, such test cannot be conducted to the other three independent variables. This test was applied to non-financial firms whose shares were listed on Indonesia Stock Exchange (IDX) during 2000-2017. The result of panel data regression test concludes that managerial ownership can predict value of the firm, while it is not for institutional ownership and foreign ownership.
The Propensity For Social Entrepreneurship During The Coronavirus Outbreak Kartika Nuringsih; Nuryasman MN; Rita Amelinda
Jurnal Manajemen Vol. 24 No. 2 (2020): June 2020
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jm.v24i2.637

Abstract

This research aims to explore scholarly the propensity for social entrepreneurship (PSE) under the condition of Coronavirus outbreak (Covid-19) and the large scale of social distancing in Jakarta, Indonesia. Entrepreneurial education is expected to encourage awareness of social problems among students. This research examines the relationship between perceived social supports and PSE. Additionally, it investigates the mediating effect of self-efficacy that links among empathy, moral obligation, and prior experience towards PSE. As many as 180 students filled the questionnaire through google forms during April 22-29th 2020. By using Smart-PLS proves a significant effect of perceived social support toward PSE and discovers the mediation effect on social entrepreneurial self-efficacy. The result shows a positive mindset on social entrepreneurship among students whereas this pandemic is as a trigger to intent in social entrepreneurship. It is a mechanism when understanding the social entrepreneurial education for students, thus leaders can utilize to improve regulation in the entrepreneurship learning program.
Pengaruh Literasi Keuangan, Overconfidence, dan Pendidikan Investor terhadap Keputusan Investasi Saham di Bursa Efek Indonesia (BEI) Rita Amelinda; Yulita Pangestu Ongkowidjaja
Syntax Literate Jurnal Ilmiah Indonesia
Publisher : Syntax Corporation

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (330.633 KB) | DOI: 10.36418/syntax-literate.v7i7.8782

Abstract

Tujuan penelitian ini adalah untuk menganalisis pengaruh literasi keuangan dan overconfidence investor terhadap keputusan investasi, dengan adanya variabel kontrol yaitu faktor demografi (jenis kelamin, usia, pendidikan, dan pendapatan) secara parsial dan simultan. Penelitian ini menggunakan teknik analisis linear berganda dengan sampel 78 responden yang merupakan investor yang tercatat di BEI Jakarta. Hasil penelitian menunjukkan bahwa literasi keuangan dan overconfidence signifikan positif secara parsial mempengaruhi keputusan investasi investor BEI Jakarta serta literasi keuangan dan overconfidence signifikan positif secara simultan mempengaruhi keputusan investasi investor BEI Jakarta. Hasil penelitian ini juga menjelaskan tentang bagaimana cara investor bertindak pada proses pengambilan keputusan dalam berinvestasi sebagai respons dari informasi yang diperolehnya (Behavioral Finance). Selanjutnya, penelitian ini juga memperkaya penelitian literatur yang menggunakan konsep Behavioral Finance.
Peningkatan Kapasitas Life Skill Pada Program Kewirausahaan Siswa SMK Pelita IV dan Kelurahan Tanjung Duren Utara Saparso, Saparso; Tecoalu, Melitina; Siswanto, Bambang; Tarigan, Krisnawati; Widjaja, Daniel; Amelinda, Rita; Riruma, Olfien; TJ, Hery Winoto
Jurnal Pengabdian kepada Masyarakat UBJ Vol. 4 No. 3 (2021): Special Issue (December 2021)
Publisher : Lembaga Penelitian Pengabdian kepada Masyarakat dan Publikasi Universitas Bhayangkara Jakarta Raya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31599/rqs66g67

Abstract

Empowerment is the development of self-potential in meeting their own economic needs without the help of others. This is done with an entrepreneurship workshop to open the participants' horizons so that they have the same mindset about entrepreneurship. Through this workshop, the participants opened their horizons about the business opportunities around them. The community service carried out aims to develop the economic potential of the existing community and improve community skills and students have the drive and ability to create jobs for themselves and for the surrounding community. With several approaches in the implementation of abmas, it is intended that the participants are easy to accept and implement them in the community so that the target can be achieved in order to have skills and create new jobs as expected.
Analisis dan Dampak Perilaku Keuangan Terhadap Tekanan Finansial Mahasiswa Oktavini, Eva; Anwar, Roseline Mannuela; Amelinda, Rita; Magdalena, Febriani Cristina Susianti
JURNAL AKUNTANSI Volume 19, Nomor 1, Mei 2024
Publisher : Jurusan Akuntansi Fakultas Ekonomi Universitas Siliwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37058/jak.v19i1.10279

Abstract

Riset ini bertujuan untuk menganalisis peran dari perilaku keuangan didalam memediasi kualitas pembelajaran Akuntansi dan Keuangan serta self-efficacy terhadap tekanan finansial yang dirasakan mahasiswa. Teknik pengambilan sampel yang digunakan di dalam penelitian ini yakni purposive sampling dimana sampel yang dituju adalah mahasiswa Fakultas Ekonomi dan Bisnis yang telah memperoleh edukasi mengenai keuangan dan akuntansi di daerah Jakarta dan sekitarnya. Total sampel yang diperoleh sejumlah 375 responden. Analisis data di dalam riset ini menggunakan pendekatan Structural Equation Modelling menggunakan software smartPLS, yang terdiri dari pengujian measurement dan structural model. Adapun diperoleh hasil bahwa perilaku keuangan tidak berpengaruh terhadap tekanan finansial. Aspek perilaku keuangan terbukti tidak memiliki peran di dalam memediasi hubungan kualitas pembelajaran Akuntansi dan Keuangan serta self-efficacy terhadap tekanan finansial. Sementara dari sisi hasil pengujian efek langsung diperoleh hasil bahwa kualitas pembelajaran dan financial self-efficacy terbukti signifikan terhadap perilaku keuangan dan tekanan finansial.Kata Kunci: Kualitas Pembelajaran Akuntansi dan Keuangan; Financial Self Efficacy; Perilaku Keuangan; Tekanan Finansial