Claim Missing Document
Check
Articles

Found 27 Documents
Search

Financial Performance Analysis Related to National Fertilizer Company Mukti, Turas Hari; Damayanti, Sylviana Maya
Journal of Business and Management Vol 4, No 5 (2015)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (125.649 KB)

Abstract

The increasing number in population means higher demand for food. Threats in agricultural production such as pests, loss of soil fertility and lack of nutrients may result in low percentage of plants to harvest. If these problems are not addressed, there would not be enough crops which compose a big fraction of our food supply to sustain the needs of the people. Hence, the importance of using fertilizers rises. Fertilizers are substances containing chemical elements such as mixture of nitrates that improves the growth of plants. Based on Fertilizer Outlook 2010 -2015 from Fertilizer Industry Association (IFA), production of cereals and oilseeds is projected to expand steadily from 2010 until 2015, with higher growth rates for soybean and maize vs. wheat and rice. Yield improvements would dominate the outlook. Some area expansion is seen in countries with abundant land and water resources, such as Brazil, Indonesia and Russia. 
Financial Performance Assessment of PT Bukit Uluwatu Villa Tbk in Comparison with other Hosptality Companies in Indonesia Hanafi, Kevin; Damayanti, Sylviana Maya
Journal of Business and Management Vol 4, No 1 (2015)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (404.921 KB)

Abstract

Abstarct. One of Indonesia’s hospitality companies is PT Bukit Uluwatu Villa Tbk. This study will assess the financial performance of PT Bukit Uluwatu Villa Tbk as a company mainly operated in the island of Bali and carry the concept of green resort. The assessment will be done with Financial Ratio Analysis, Compound Annual Growth Rate (CAGR) analysis, and DuPont System of Analysis. PT Bukit Uluwatu Villa Tbk will be compared to 4 other listed hospitality company in Indonesia which are PT Grahamas Citrawisata Tbk, PT Hotel Mandarine Regency Tbk, PT Pembangunan Graha Lestari Indah Tbk, dan PT Sahid Jaya International. The result of the analysis shows that PT Bukit Uluwatu Villa Tbk has some generally good condition with several weak points. One of them is average payment period. Some recommendation that can be given is to increase the price of the room or to increase the number of room to boost their assets.Keywords:Financial Ratio, Compound Annual Growth Rate, DuPont System of Analysis, Financial Performance
The Effect of Foreign Direct Investment and Official Development Assistance to Human Development Index of Developing Countries at 2009-2013 Agusty, Gerry Julian; Damayanti, Sylviana Maya
Journal of Business and Management Vol 4, No 8 (2015)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (165.796 KB)

Abstract

Abstract. Foreign Direct Investment (FDI) occurs when  a foreign firm from particular country invest in foreign country in purpose to develop their business even more global, meanwhile Official Development Assistance (ODA) is another type of capital source that formed in loan in which will be given to the countries in DCA list. These two types of capital source have been playing important role in supporting development and human welfare in developing countries around the world. The human welfare dan development will be measured by Human Development Index (HDI) since this measurement is able to cover all aspects to measure human welfare and development in which have 3 dimensions: health that is measured by life expectancy, education that is measured by the education level achieved, and the last is the standard of living dimension that is measured by GNI per capita. The ODA inward amount alone that flow to developing countries for 2009-2013 reach the number of 700 million dollars, meanwhile the flow FDI reach the number of 5 billion dollars. This fantastic amount of money indicates that the demand for capital sources from foreign countries is still considered high. The tools that will be applied to find the effect of FDI and ODA is panel data regression analysis with purposive sampling to choose 124 countries as the samples. The findings of this research are: 1. FDI and ODA are proven to have significant effect to Human Development Index simultaneously 2. FDI and ODA are proven to have positive significant effect to Human Development Index partially with the number of R2 reaches 99% meaning that FDI and ODA can explain strongly its variance of HDI. This research can also be useful to consider the right type of capital sources or investmet that should be taken by a country in supporting development. Keywords:Foreign Direct Investment, Official Development Assistance, Developing Countries, Human Development Index, Statistics
Financial Performance Analysis and Valuation of a Finalcially distressed New Company in the Indonesian Mining Sector: A Study Case of PT. Cakra Mineral Tbk. Kramadibrata, Senator; Damayanti, Sylviana Maya
Journal of Business and Management Vol 5, No 1 (2016)
Publisher : Journal of Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1068.591 KB)

Abstract

Abstract. Mining sector is the 4th largest economy sector in Indonesia. It contributed to around 16-20% of the country’s GDP and export. In 2009, the government introduced Mining Act law to improve the mining sector and Indonesia’s economy as a whole. Although well-meant, it introduced a myriad of problems in the industry, which impacted the sector as a whole. In addition, falling selling prices, weakening rupiah and lack of infrastructure resulted in decreasing financial performance for mining companies in Indonesia. Enter PT Cakra Mineral Tbk, a new mining company in Indonesia since 2012. It was an agriculture company  specializing in cassava and palm oil before it decided to change its business core to iron ore mining in 2011, based on a feasibility study it conducted since 2010. The company performed terribly for the past years, which is very different compared to the expected performance of its feasibility study. In comparison, many leading mining companies in Indonesia maintained profitability in the last 5 years despite various problems and limitations in Indonesia’s mining industry. As such, this study aims to assess this company’s financial performance and value, compare it with the aforementioned leading mining companies and provide recommendation to be used by its management and investors.The results of this study is that PT Cakra Mineral performed terribly in the last 5 years compared to benchmark companies. In addition, the company generated zero revenue in 2010-2011, rendering DuPont analysis unusable in those years. Market multiples valuation turned out to be inconclusive due to unique circumstances surrounding its stock (CKRA). Discounted cash flow valuation revealed that CKRA is overvalued in base, optimistic and pessimistic scenarios. In conclusion, this study recommends that the company focus more on zircon sands mining, improve mining asset utilization, and acquire more debts if and when the company turned around to become profitable. For investors, it would be wise not to invest in the company at least for the next 5 years, and to stay away from the mining industry in the foreseeable future. Keyword : Financial performance, valuation, discounted cash flow, mining industry. 
Financial Feasibility Study of Toll Road Bogor-Serpong Via Parung Jota, Astrid Laregan; Damayanti, Sylviana Maya
Journal of Business and Management Vol 8, No 3 (2019)
Publisher : Journal of Business and Management

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

Abstract

Abstract. Indonesia's economic growth in 2010 to 2015 has been decreased due to the global economic slowdown. The structural changes can form of the development of export-oriented manufacturing industries, massive infrastructure development, and significantly improving the quality of Indonesian human resources. The feasibility study used as the base for the consideration whether the project is ready to go and as the base of the auction. The Bogor-Serpong via Parung toll road financial feasibility has been made by PT.XYZ, however, there is a time gap between the time they make the financial feasibility and the investing period that can make the financial assumption is not relevant. The author changes some assumption that is not relevant.The capital budgeting techniques used to determine the project are the payback period, Net Present Value (NPV), and Internal Rate of Return (IRR). The capital budgeting techniques result with the new assumption shows a payback period of Bogor-Serpong toll road is 12 year 9 month and 29 days, NPV is IDR 13,399,111million, and IRR is 16% which showed the project is possible. The result comparison of financial feasibility by PT.XYZ and financial feasibility using adjusted assumption showed the different result in NPV and payback period. PT.XYZ calculation shows the payback period is 13.39 years and NPV is IDR 13,399,111million. The private sector should be aware of the sensitive variable in order to minimize the risk.Keywords: infrastructure development, toll road, payback period, NPV, IRR
The Effect of Fin-tech Usage Towards Millenial's Financial Literacy Astari, Yen Syifa; Damayanti, Sylviana Maya
Journal of Business and Management Vol 9, No 2 (2020)
Publisher : Journal of Business and Management

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

Abstract

Abstract. The purpose of this study is to determine the effect of the use of fin-tech on millennial financial literacy in Jakarta and determine the level of millennial financial literacy in Jakarta. This research also aims at giving recommendations to improve financial literacy through fin-tech. The data collection technique was by distributing questionnaires to 385 respondents in Jakarta. By using multiple linear regression analysis, this study found that simultaneously transactional activity, informational activity, perceived usefulness, and perceived ease of use affect the level of millennial financial literacy in Jakarta. Partially, transactional activity, perceived usefulness, and perceived ease of use respectively affect the level of millennial financial literacy in Jakarta. Millennial financial literacy in Jakarta is 72,98, which means the level of Millennials financial literacy in Jakarta is intermediate level.Keywords: Fin-tech, Financial literacy, Transactional Activity, Informational Activity, Perceived Usefulness, Perceived Ease of Use
The determinants of financial literacy among chess athletes in indonesia and its relationship to financial behaviour Syaputra, Arifa Rizki; Damayanti, Sylviana Maya
Journal of Business and Management Vol 9, No 2 (2020)
Publisher : Journal of Business and Management

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

Abstract

Abstract. Being an athlete is not just considered as a hobby, but for some people, it is a way of life, a profession. However, the athlete in Indonesia is faced by many uncertainties; there are many cases where athletes fall into poverty after retirement. This uncomfortable uncertainties condition stacked up with the uncertainness of financial crisis that could happen anytime. Hence, it is crucial for athletes to manage their finance well. Completely aware of this situation, this research aim to analyze athlete, especially chess athletes determinants of financial literacy and the relationship to financial behaviour. The study found out that chess athletes financial literacy level is considered low in all areas of financial literacy. Meanwhile, formal education, age, monthly income and monthly spending are significant variables towards financial literacy with formal education as the most significant variable. On the other hand, overall financial literacy has significant effects towards almost all seven financial behaviour variables. From the findings, it is important for government to rethink the way they literate society regarding financial management. Government can cooperate with related department such as OJK and national sports committee to implement improved financial literacy program.Keywords: financial literacy, financial behaviour, chess athlete, athlete.
The Effect of Personality Traits on Generation Z Financial Literacy Padmodipoero, Faya Daffani Awinatama; Damayanti, Sylviana Maya
Journal of Business and Management Vol 9, No 2 (2020)
Publisher : Journal of Business and Management

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

Abstract

Abstract. In the most recent decade, financial literacy has become the main issue, government agencies and financial institutions have gotten financial literacy as one of their primary focuses in the policy aspects. There is an incredible worry that customers tend to lack financial concepts and don't have the apparatuses they have to settle on budgetary choices. Individuals around the globe are confronted with financial decisions on a daily basis. With the evolving information technology landscape, financial information is more abundant than ever before (Killins, 2017). The improvement of financial literacy is required to contribute to a more stable financial system and reduce financial fragility. As a Generation Z that started entering the young adult stage, they faced phenomenal money related and complexity in today's demanding financial environment. As they begin getting older, they should make choices on their own regarding the retirement funds, insurance, debt, and home loans. The financial decision that they make today could have a high effect towards the long term economic and social aspects (Montoya and Scott, 2011). Personality traits have been found to be a factor that affect an individual’s subjective well-being. This study intends to fill such gap in the literature and provides academics and practitioners with a new understanding of how personality traits influence one’s ability to digest and implement the financial information provided to them. This research purpose is to identify the relationship between personality and financial literacy using the Big Five personality traits and Locus of Control. Data for this research was gathered using online questionnaires and analyzed using Ordinary Least Square. Data analysis shows that from seven personality factors, only Openness and Conscientiousness that not have a significant relationship towards financial literacy.Keywords: Personality Traits, Financial Literacy, Generation Z
The effect of ethnicity in Indonesia on investment experience Lubis, Khayruna; Damayanti, Sylviana Maya
Journal of Business and Management Vol 9, No 2 (2020)
Publisher : Journal of Business and Management

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

Abstract

Abstract. Investors who invest in the stock market are influenced by several factors. Not only because of the stock market performance, but also because of the influence of the psychological and personality characteristics of investors. The purpose of this study is to determine the effect of ethnicity In Indonesia that are Javanese, Sundanese, Tionghua, & Batak on eight characteristics of behavioral biases in investment decision - overconfidence, herding, regret aversion, gambler's fallacy, representativeness, anchoring, cognitive dissonance, and hindsight. In addition to ethnic factors, researchers also added other demographic factors such as monthly income and the type of investment account owned by investors. The questionnaire distributed to undergraduate students who are studying in Bandung and have an investment account. Data collected in this study were 367 respondents. For the analysis method, this research uses logistic regression analysis method. Based on the hypothesis testing of all independent variables, the results show that the difference in ethnicity does not have aninfluence on the behavioral bias in investment decisions.Keywords: Behavioral finance, Behavioral bias, Ethnicity, Cultural, Investment decisions.
Assessing Business Viability for a Production Joint Venture in the Indonesian Medical Device Industry Maryadi, Martya Putri; Damayanti, Sylviana Maya
Journal of Business and Management Review Vol. 5 No. 9 (2024): (Issue-September)
Publisher : Profesional Muda Cendekia Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47153/jbmr.v5i9.1110

Abstract

Research Aims: This study examines the viability of a joint venture between Daenamic Health Inc., a South Korean medical device manufacturer, and PT. Kenari Jaya Perkasa, an Indonesian medical device importer, to establish a local production facility for high-end medical devices in Indonesia. Design/methodology/approach: The research follows a structured approach involving the analysis of business model compatibility, external market dynamics, and the financial and operational viability of the joint venture. Employing qualitative analysis from discussions, VRIO Framework, and quantitative analysis from Analytic Hierarchy Process (AHP), the study evaluates market conditions and strategic fit between the partners. Research  Findings: Findings indicate that Daenamic Health Inc. and PT. Kenari possess complementary strengths, forming a synergistic partnership poised to become a leading local brand for high end medical technology, as well as enabling access to more export market. Motivated by the need to reduce Indonesia's dependency on import, especially highlighted during the COVID-19 pandemic, this venture aligns with government policies to enhance local manufacturing and healthcare infrastructure.  However, challenges such as navigating regulatory landscapes, managing a layered cost structure, and training local human capital must be addressed. Theoretical  Contribution/Originality: Preliminary assessment for the joint venture’s establishment helps the partners to comprehensively assess their internal situation both as individual business and as future partners, prior to capitalizing the opportunity that comes with Indonesia’s vision towards healthcare self-sufficiency. As a result, partners’ synergistic strengths and aligned individual business needs positions the venture for competitive pricing and expansion in Southeast Asia and beyond. Keywords: Medical Devices; Joint Venture; Local Manufacturing; Market Dynamics; Strategic Fit