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PENGARUH KEPEMIMPINAN TERHADAP KINERJA KARYAWAN UD TIGA PUTRA DI KABUPATEN BULUKUMBA Adrian Maulana Jamnur; Zainal Ruma; Nurman
TRANSEKONOMIKA: AKUNTANSI, BISNIS DAN KEUANGAN Vol. 2 No. 5 (2022): September 2022
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/transekonomika.v2i5.232

Abstract

This study aims to test whether the variables have an effect on employee performance at UD Tiga Putra. The population in this study is a total of 32 employees of UD Tiga Putra, while the sample in this study using the saturated sample technique will be found 32 people. The data collection technique used is a questionnaire. The data collected is then entered into a simple linear regression equation. The findings in this study indicate that partially the leadership variable has a positive and significant effect on employee performance at UD Tiga Putra in Bulukumba Regency. Hence, every time there is an increase in leadership it will improve employee performance and vice versa. So that the hypothesis in this study is accepted. Based on the results of the study, it can be said that companies need to maintain a leadership strategy by receiving good suggestions, paying attention to employees and not only the company and employee involvement in the company's decision-making process as a step in improving employee performance. In addition, UD Tiga Putra needs to improve on leadership in making decisions that must be carried out absolutely by employees, because this will have an impact on suppressing employees which will make the employee's performance decrease.
The Impact Of Liquidity And Profitability On Stock Prices In The Gas And Oil Sector 2020–2024 Reni Amsa; Agung Widhi Kurniawan; Nurman
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1392

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The oil and gas sector is a strategic sector that plays an important role in supporting the Indonesian economy, but during the 2020–2024 period, this sector experienced stock price fluctuations that were not in line with the company's financial performance. This problem prompted this study, which aims to analyze the effect of liquidity and profitability on stock prices in oil and gas sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the 2020–2024 period. This study uses a quantitative approach with multiple linear regression methods and secondary data in the form of annual financial reports from 12 oil and gas sub-sector companies obtained through the official IDX website using a purposive sampling technique. The results of the study indicate that the liquidity variable as measured by the Current Ratio (CR) and profitability as measured by the Net Profit Margin (NPM) do not have a significant effect either partially or simultaneously on stock prices. The coefficient of determination (R²) value of 1.8% indicates that stock price variations are more influenced by external factors such as fluctuations in world oil prices, macroeconomic conditions, and energy market sentiment. This study concludes that internal financial ratios have not become the main determinant in stock price movements in the oil and gas sector, so investors need to consider global external factors in making investment decisions.
Capital Structure And Firm Value: The Mediating Role Of Profitability Asmin; Burhanuddin; Anwar; Nurman; Andi Mustika Amin
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1408

Abstract

The property and real estate sector is one of the important sectors that contribute to the Indonesian economy, but in the 2021–2024 period, this sector experienced a decline in company value as reflected in market performance. This problem prompted this study, which aims to analyze the effect of capital structure on company value and examine the role of profitability as a mediating variable in property and real estate sector companies listed on the Indonesia Stock Exchange for the 2020–2024 period. This study uses a quantitative approach with the Partial Least Square-Structural Equation Modeling (PLS-SEM) method and the sample was determined through a purposive sampling technique on companies that meet the research criteria. The results of the study indicate that capital structure has a significant negative effect on company value and profitability, while profitability has a significant positive effect on company value and is proven to mediate the effect of capital structure on company value; this finding supports the Trade-off Theory regarding the importance of balance in the use of debt, but also shows limitations in the application of Signaling Theory in the property sector. This study concludes that excessive use of debt can reduce profitability and company value, so companies need to establish an optimal capital structure to maintain financial performance and increase investor confidence.
The Effect Of Dividend Policy, Profitability And Liquidity On Firm Value: Evidence From Manufacturing Companies Listed On The Indonesia Stock Exchange Dian Fajar Ayu; Romansyah Sahabuddin; Nurman
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1411

Abstract

: Research approach was employed using panel data regression analysis. Model selection was determined through a series of diagnostic tests, namely the Redundant Fixed Effects Test and the Hausman Test, which indicated that the Fixed Effects Model (FEM) is the most appropriate estimation method. The data used are secondary data obtained from the companies’ annual financial reports during the research period. The results show that, individually, liquidity has a statistically significant positive effect on firm value, whereas dividend policy and profitability do not exhibit significant effects. This suggests that a company’s ability to meet its short-term obligations serves as a positive signal to investors, enhancing their perception of the firm’s stability and trustworthiness in terms of performance. Meanwhile, the insignificance of dividend policy and profitability implies that investors do not rely solely on these factors when evaluating firm value instead, they may consider broader strategic, market, or macroeconomic indicators. The coefficient of determination (R²) is 0.848588, indicating that approximately 84.85% of the variation in firm value can be explained by the combined influence of dividend policy, profitability, and liquidity, while the remaining 15.15% is attributed to other factors outside the scope of this study.
THE EFFECT OF CASH FLOW ON COMPANY VALUE WITH PROFITABILITY AS AN INTERVENING VARIABLE IN MANUFACTURING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE YEAR 2020-2024 Nurhalisa Nurhalisa; Nurman Nurman; Abdul Rahman
Jurnal Manajemen Vol 6, No 2 (2026): Agustus
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/jm.v6i2.83888

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Abstract:This study aims to analyze the effect of cash flow on firm value with profitability as an intervening variable in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2020–2024 period. Firm value is measured using Price to Book Value (PBV), cash flow is proxied by cash flow from operating activities, and profitability is measured by Return on Equity (ROE). This study uses a quantitative approach with a causal design. The data used are secondary data from the company's annual financial statements selected through a purposive sampling technique, resulting in 10 companies as samples. Data analysis was performed using path analysis and the Sobel test to examine the direct and indirect effects between variables. The results show that cash flow has a positive and significant effect on profitability, profitability has a positive and significant effect on firm value, and cash flow has an indirect effect on firm value through profitability. However, cash flow does not have a direct effect on firm value. These findings demonstrate that profitability plays a mediating role in the relationship between cash flow and firm value. Therefore, increasing firm value is not only determined by the amount of cash flow, but also by the company's ability to manage that cash flow to generate profits.Keywords :Cash Flow; Profitability; Enterprise Value; Operating Activities; Price to Book Value (PBV) Ratio; Return on Equity (ROE).
THE EFFECT OF PRODUCT QUALITY AND PRICE ON THE PURCHASE DECISION OF MYKONOS PERFUME PRODUCTS AMONG FEB UNM STUDENTS IN MAKASSAR CITY Muh. Syahrul Ramadhan; Nurman Nurman; Isma Azis Riu; Muhammad Ichwan Musa; Rahmat Riwayat Abadi
Jurnal Manajemen Vol 6, No 2 (2026): Agustus
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/jm.v6i2.84755

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Abstract: This study aims to analyze the effect of product quality, price, and brand image on purchase decisions of Mykonos perfume. The research adopts a quantitative approach using a survey method by distributing questionnaires to respondents who have used or are familiar with Mykonos perfume. The sampling technique used is purposive sampling, with a total of 105 respondents determined based on the Slovin formula. Data were analyzed using multiple linear regression with the assistance of SPSS software. The results show that product quality has a positive and significant effect on purchase decisions. Price also has a positive and significant influence on purchase decisions, indicating that consumers consider price suitability in making purchasing decisions. In addition, brand image has a positive and significant effect on purchase decisions, suggesting that a strong brand perception can enhance consumer confidence in choosing the product. Simultaneously, product quality, price, and brand image significantly influence purchase decisions. These findings indicate that improving product quality, setting competitive prices, and strengthening brand image are important strategies to increase consumer purchase decisions.Keywords: Product Quality, Price, Brand Image, Purchase Decision, Mykonos Perfume
Pengaruh Economic Value Added (EVA) dan Market Value Added (MVA) terhadap nilai perusahaan pada perusahaan subsektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2021–2025 Inaz Zahrah Idris; Anwar Anwar; Rezky Amalia Hamka; Anwar Ramli; Nurman Nurman
IKRAITH-EKONOMIKA Vol. 9 No. 2 (2026): IKRAITH-EKONOMIKA Vol 9 No 2 Juli 2026
Publisher : Universitas Persada Indonesia YAI

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

Abstract

Tujuan - Penelitian ini bertujuan untuk menganalisis pengaruh Economic Value Added (EVA) danMarket Value Added (MVA) terhadap nilai perusahaan pada perusahaan sub sektor makanan danminuman yang terdaftar di Bursa Efek Indonesia periode 2021–2025. Fokus utama penelitian iniadalah untuk mengetahui pengaruh Economic Value Added (EVA) secara parsial terhadap nilaiperusahaan serta mengetahui pengaruh Market Value Added (MVA) secara parsial terhadap nilaiperusahaan pada perusahaan sub sektor makanan dan minuman yang terdaftar di Bursa EfekIndonesia periode 2021–2025.Metode - Penelitian ini menggunakan metode kuantitatif dengan pendekatan asosiatif. Populasipenelitian terdiri atas 83 perusahaan sub sektor makanan dan minuman yang terdaftar di BursaEfek Indonesia periode 2021–2025, dengan sampel sebanyak 12 perusahaan yang dipilihmenggunakan teknik purposive sampling, sehingga diperoleh 60 observasi. Data yang digunakanmerupakan data sekunder berupa laporan keuangan tahunan dan data harga saham yangdikumpulkan melalui dokumentasi dari Bursa Efek Indonesia dan situs resmi masing-masingperusahaan. Variabel independen dalam penelitian ini adalah Economic Value Added (EVA) danMarket Value Added (MVA), sedangkan variabel dependen adalah nilai perusahaan yangdiproksikan dengan Price to Book Value (PBV). Analisis data dilakukan menggunakan regresidata panel dengan bantuan EViews13, serta pengujian hipotesis menggunakan uji t dan koefisiendeterminasi (R²).Hasil/Temuan - Hasil penelitian menunjukkan bahwa secara parsial Economic Value Added(EVA) berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan, sedangkan MarketValue Added (MVA) berpengaruh positif dan signifikan terhadap nilai perusahaan padaperusahaan subsektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode2021–2025.
Pengaruh Adopsi Financial Technology terhadap Pengelolaan Keuangan dengan Literasi Keuangan sebagai Variabel Moderasi Muhammad Fathul Khaliq; Hety Budiyanti; Annisa Paramaswary Aslam; Nurman Nurman; Indri Iswardhani
Jurnal Manajemen, Bisnis dan Kewirausahaan Vol. 6 No. 2 (2026): Agustus : Jurnal Manajemen, Bisnis dan Kewirausahaan (JUMBIKU)
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jumbiku.v6i2.7651

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This study aims to analyze the effect of financial technology adoption on financial management, the effect of financial literacy on financial management, and the role of financial literacy in moderating the relationship between financial technology adoption and financial management among teachers and staff of MAN 2 Makassar. This research uses a quantitative approach with a survey method. The sample consists of 126 respondents who are teachers and staff of MAN 2 Makassar. Data were collected through questionnaires measured using a Likert scale. The data analysis technique used is Partial Least Squares (PLS) with the assistance of SmartPLS 4 software. The results show that financial technology adoption has a positive and significant effect on financial management. Financial literacy also has a positive and significant effect on financial management. Furthermore, financial literacy is proven to moderate the relationship between financial technology adoption and financial management positively and significantly. This indicates that higher levels of financial literacy strengthen the influence of financial technology adoption on financial management. Overall, this study confirms that the utilization of financial technology supported by adequate financial literacy can improve individuals’ financial management. These findings are expected to serve as a reference for individuals and institutions in enhancing financial understanding and optimizing the use of financial technology to achieve better financial conditions.
INFLUENCE OF WORK LIFE BALANCE AND BURNOUT ON THE LEVEL OF EMPLOYEE JOB SATISFACTION AT PT. COLUMBUS CASH & CREDIT PAREPARE BRANCH Ariel Ahmad Firgiawan; Romansyah Sahabuddin; Nurman Nurman
Jurnal Manajemen Vol 5, No 2 (2025): Agustus
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/jm.v5i2.73197

Abstract

Abstract: Ariel Ahmad Firgiawan, 2025. The influence of work life balance and burnout on the level of employee job satisfaction at PT. Columbus Cash & Credit Parepare branch. Thesis. Management Study Program. Faculty of Economics and Business. Makassar State University. This study aims to determine the effect of work life balance and burnout on the level of employee job satisfaction at PT. Columbus Cash & Credit Parepare branch. The variables in this study consist of independent variables, namely work life balance and burnout, and the dependent variable, namely job satisfaction. The research method uses a quantitative approach with multiple linear regression analysis. Data collection techniques in the form of observation, interviews, and questionnaires distributed to 30 respondents. This study uses SPSS software version 27 as proof of the hypothesis. The results of this study indicate that good work life balance has a significant effect on employee job satisfaction and bad burnout has a negative impact on job satisfaction.Keywords: Work Life Balance, Burnout, and Job Satisfaction.
Pengaruh Likuiditas Terhadap Profitabilitas Pada 4 Bank BUMN yang Terdaftar di Bursa Efek Indonesia Rezki Amaliah Alim; Nurman Nurman; Zainal Ruma; Anwar Anwar; Andi Mustika Amin
OPTIMAL Jurnal Ekonomi dan Manajemen Vol. 5 No. 3 (2025): Jurnal Ekonomi dan Manajemen
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/optimal.v5i3.7470

Abstract

This study aims to determine the effect of liquidity (LDR) on profitability (ROA) in 4 BUMN Banks Listed on the Indonesia Stock Exchange. This type of research is quantitative which is associative in nature. The population of this study is the statement of financial position and comprehensive profit/loss at 4 BUMN Banks. The samples taken were 4 BUMN banks, namely, BRI, Mandiri, BNI, and BTN from the financial position report and comprehensive profit/loss report for the period 2015-2023 per year. Data collection techniques using documentation. The data analysis technique uses simple linear regression with the help of SPSS version 29. The results of this study indicate that liquidity (LDR) has a negative and insignificant effect on profitability (ROA) at 4 BUMN Banks on the Indonesia Stock Exchange.