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Effect of Right Issue Announcement on Abnormal Return and Stock Trading Volume (Case Study on Companies Listed on the Indonesia Stock Exchange) Moch. Kukuh Widyatmoko; A. Yusuf Imam Suja’i; Agus Salim
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5072

Abstract

Right issue is an event that’s related to information’s publication as an announcement and can be used to observe the market reaction. Theoretically, the market reaction is measured by abnormal return and trading volume activity. This research used paired sample t-test to examine the effect of right issue’s announcement to the abnormal return and trading volume activity, using samples as much as 38 firms from 2017 to 2020. The observation period was 5 days before and 5 days after the announcement’s period. The result showed that the right issue’s announcement did not affect significantly to the abnormal return of firms, while affected significantly to the trading volume activity.
Organizational Culture, Motivation and Organizational Citizenship Behavior Effect on Employee Performance Syahrul Nur Rizky; Hadi Sunaryo; Agus Salim
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 5, No 1 (2022): Budapest International Research and Critics Institute February
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i1.4024

Abstract

Employees are human resources who play an important role in achieving organizational goals, employees who excel and have high work quality certainly bring benefits and organizational progress. Organizational culture, motivation and organizational citizenship behavior are a concern for organizations in providing encouragement to employees to carry out activities in the organization. Organizational culture as a value, belief and boundaries accepted by employees in determining the extent to which they act. Organizational culture has a role in improving performance, so motivation is the driving force or impetus that causes employees to take an action to achieve goals. Improving employee performance cannot be separated from individual roles such as organizational citizenship behavior which involves several behaviors, including helping others, volunteering for extra tasks, obeying workplace rules and procedures. This research was conducted on employees of the Kebonagung Sugar Factory in Malang with a sample of 50 employees. Data collection methods using questionnaires. The analysis used includes instrument testing, classical assumption test, normality test, multiple linear regression, hypothesis testing and coefficient of determination test using multiple regression analysis with the help of SPSS 14.0 software for Windows. The results showed that organizational culture and motivation had no significant effect on employee performance, while organizational citizenship behavior had a significant effect on employee performance.
The Influent of Experiental Marketing and Store Atmosphere on Customer’s Loyalty M. Izzudin; Yusuf Suja’i; Agus Salim
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.4932

Abstract

Experiential marketing and store atmosphere have an influence on customer’s loyalty. This study aims to determine the responses of respondents about Equal Coffe Dau Malang experiential marketing, store atmosphere and customer loyalty and to determine the effect of expereriential marketing and store atmosphere simultaneously and partially on Equal customers Coffe Dau Malang. This study uses the explanatory research method and the sampling technique uses the Slovin formula with an error rate of 10%. The number of samples taken is 97 which is the consumer of Equal Coffe Dau Malang. The data analysis technique used is the analysis of instrument test, classic assumption test, multiple linear regression, simultaneous hypothesis test F and partial hypothesis test t. Based on the results of the analysis it can be concluded that the responses of respondents about Equal Coffe experiential marketing, store atmosphere and customer loyalty are good. Simultaneously experiential marketing and store atmosphere significantly influence customer loyalty. Partially experiential marketing and store atmosphere significantly influence customer loyalty. From the results of the research that has been carried out there are several suggestions for Equal Coffe in order to maintain product packaging and compounding and presentation for customers and improve the arrangement of indoor and outdoor spaces and make Equal Coffe decorations more harmonious with the typical dishes of Nusantara coffee makers. 
Compensation and Work Motivation Effect on Teacher Performance at Baitul Makmur Foundation Malang Antyanadea Maharani; Hadi Sunaryo; Agus Salim
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 3 (2022): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i3.5948

Abstract

This study aims to describe compensation, work motivation, and teacher performance as well as the effect of compensation on teacher performance both directly and indirectly through work motivation as an intervening variable, the sampling technique used in this study is a saturated sample, which uses the entire population as a sample at the Baitul Makmur Foundation teacher in Malang. The data analysis tool used is Structural Equation Modeling (SEM) analysis using the PLS version 3.0 application. Based on the results of data analysis shows that compensation has no effect on work motivation, while compensation has an effect on teacher performance at Baitul Makmur Foundation Malang, while work motivation is not able to mediate the effect of compensation on teacher performance at Baitul Makmur Foundation Malang.
The Effect of Inflation and Corporate Social Responsibility (CSR) on Return Stocks with Profitability as an Intervening Variable in the Sector Mining Listed on the Indonesia Stock Exchange Sri Puspa Nurhayati; Yusuf Imam Suja’i; Agus Salim
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 3 (2022): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i3.6066

Abstract

The mining sector (Mining index) is an index composed of various shares of mining sector issuers listed on the Indonesia Stock Exchange. Indonesia's dependence on the mining sector as a supporter of the economy is reflected in the large contribution of the mining sector to state revenues. Factors that affect stock returns are macroeconomic factors and fundamental factors. Macroeconomic factors stem from broad economic problems, one of which is inflation. This fundamental factor can be seen from the financial statements, and the issuer's financial statements can be seen from the level of financial performance both in terms of the ability to generate profits (profitability). This study aims to prove the effect of inflation and corporate social responsibility on stock returns with profitability as an intervening variable in the mining sector listed on the Indonesia Stock Exchange. The population of this study is 47 mining sector companies listed on the Indonesia Stock Exchange. The sampling technique uses a purposive sampling method that has certain criteria in taking samples that have the 2019-2021 annual financial statements, in order to obtain 141 company. This research method uses Structural Equation Modeling (SEM) analysis based on variance, namely Partial Least Square (PLS). SEM with PLS is based on variance so that it can handle two conditions, namely conditions with undetermined factors and conditions where the solution cannot be accepted. The analysis used includes descriptive analysis, convergent validity, discriminant validity, construct reliability, R-square, and hypothesis testing. Based on the results of research that has been done, the variables that have a significant effect on stock returns are profitability variable and corporate social responsibility (CSR) variable.
Co-Authors A. Yusuf Imam Suja’i Aan Andiyana Aan Muhammady Abdi Linggar Romadhoni Abdul Kholiq Muhabasya Abdul Malik Firdaus Ade Riyanto Rauf Adi Purnomo Afendra Eka Saputra Agung Afif Riyadi Agung Robianto Ahmad Alwi Alfarizi Ahmad Hanan Akhyar Akhyar Ali Yusron Amelia Maharani Amrizal Andeka Widodo Andi Dadi Mashuri Makmur Aniek Indrawati Antyanadea Maharani Aprian Ibrahim Arbain Aris Mussnandar Arviani, Ilma Azizah Aulia Maharani Elsafir Bahri Bahri Barlian, Ujang Cepi Budi Febriani Budiarti, Rizqi Putri Nourma Cahya Putra, Mohamad Hendry Celmia Celmia Darma Putra Darmawan Darmawan Dedi Kuswandi Devi Ratnasari Dewi syahfitri Dewi Wisudyanti Budi Hastuti Dhinta Ekka Wardhani Diah Ayu Fitriyani Diana Khairani Sofyan Didik Himmawan Dita Nurul Fajrin Djudjur Radjagukguk Dyah Ayu Fitriastuti El Mountassir El Mouchtari Elfran Bima Muttaqin Erikson, Juan Etty Riani Evita Yuliatul Wahidah Faris Ade Irawan FATIMAH FATIMAH Feby Adriyanti Feronikawati Lasmaria Sitorus Ferry Sobatnu Fifi alfiana Fipin Lastrian Dewi Firman Fisabil Mahardika Ghofar Ismail Putra Hadi Sunaryo Hafizen Haryono Edihermawan Hasiah Herni Hartati Heru Wijanarko Hidayani Syam Hidayat Humaid I Ketut Patra Ibnu Rusydi Isna Nur Faizah Iswantir M Jeni Susyanti Jhon Asik Jumadil Justina, Justina Kamarudin Kamarudin Khalikussabir, Khalikussabir Khomsatun Yuliatun Komarudin Lailatul Rohmah Leli Hasanah Lubis Lubis, Riskiyah Nur Ludi Wishnu Wardana Lufi Khomsiatin Nulhaniya M Fahrur razi M. Atep Effiana Taufik M. Iqbal Rezky S M. Izzudin M. Junaidi Habe Markonah, Markonah Marsa Aulia Hasanah Martha Manganta Martono Meisa Fitri Nasution Miftachul Taubah Milana Abdillah Subarkah Moch Kukuh Widyatmoko Moch. Kukuh Widyatmoko Muh. Akhyar Al Haris All Muh. Amar Muh. Irfan Idris Muhamad ilham Muhamad Rifa'i Muhammad Asy Ari Badar Muhammad Dzuljalalil Ikram Muhammad Idris Muhammad Junaidi Habe Muhammad Najib Kasim Muhammad Romadhon Musmin Musmin Muttahidul Jiinsi Nabela Fikriyya Noverma Noverma Novita Sari, Eva Nst, Nur Aliyah Nugraha, Deden Yoga Nur Aminah Nur Mashani Mustafidah Nurhajati Nurhajati Nurinaya Nurinaya, Nurinaya Nurmafitriyani Juita Nurmala Berutu Nurrokhmatulloh, Nurrokhmatulloh Nurul Umami Poltak Gultom Pramuji, Gema Arief Punadji Setyosari Putri Cindy Claudia Putu Oka Ngakan Qomario R. Joko Musridho Rachmanto Rafita Gusti Putri Rahmi Seri Hanida Ratu Haya Aulia Nabilla Rendi Ramadiyanto Utomo Rezeky Nur Amalia Ridha Ahida RIDWAN AFFANDI Riska Apriyani Risma Illa Maulany Rita Anggun Wahyuni Rohmadani, Zahro Varisna Ronny Malavia Mardani Roudotul Jannah Rusli Ibrahim Rusmin Nuryadin Selviana Teras Widy Rahayu Sesilia Rani Samudra Siti Aisyah Soraya Hasyim Hasibuan Sri Puspa Nurhayati Sri Sukarni Sri Wiji Astuti Sunaryo, Hadi Surahman Sutarman Sutarman Syaefudin Syaefudin Syahrul Nur Rizky Taufik Edy Sutanto Taufik Suadiyatno Tirto Apriyanto Titi Darmi Tri Susanti Usmala Dewi Siregar Usrial Utama, Agus Hadi Vita Hidayati, Nuning Wahyu Setyo Pambudi Wedra Aprison Willy Nurhayadi Yanuar Kiram Yayu Sriwartini Yongky Rangga Yuda Nugraha Yoserizal " Yudianto, Firman Yusra D Yusri Yaldi Yusuf Imam Suja’i Yusuf Suja’i Zulfani Sesmiarni