Articles
THE ROLE OF ASSISTANT GENERAL TO SUPPORT AND STRENGTHEN BATTLE OPERATIONS OF INFANTRY BRIGADE UNITS
Darmawan, Darmawan;
Sudaryati, Sudaryati
Jurnal Pertahanan: Media Informasi ttg Kajian & Strategi Pertahanan yang Mengedepankan Identity, Nasionalism & Integrity Vol 4, No 2 (2018)
Publisher : The Republic of Indonesia Defense University
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DOI: 10.33172/jp.v4i2.400
ABSTRACT - This conceptual paper proposes a model theory of applying strategic management to the field of personnel resource management. When a country is about to engage in war, one very important thing to understand is the characteristic of the war. In peacetime, the armed forces must prepare for wartime. No two wars are identical, because war is produced by The Paradoxical Trinity. Therefore, the big question is: what is the function and role of Adjutant General corps in this increasingly multidimensional war? The recruitment of adjutant general personnel can no longer rely solely on officers and staff and civil servants on the basis of qualifications as drafted in the Conception of the Adjutant General Transformation in order to support the basic tasks and functions of Army. The Adjutant General corps will also need officers and staff who have experience in the war and staff who have comprehensive analysis skill that includes the three elements of war in The Paradoxical Trinity. This means that Adjutant General should have a specialty in accurately analysing personnel’s capabilities. The main advantage of this scheme is allowing higher vigilance to anticipate war. The ability to receive data and then process it will affect the strength of the army as a whole. Upon this conclusion it is recommended to establish a new sub directorate which functions are to collect information on legislation, daily orders; organizing, inspecting, controlling, and mobilizing troops, military punishment, desertions and rotation of troops to then analyse it for the purpose of providing reports and suggestions for personnel/troop deployment, logistics and movements at headquarters and users. The breadth of this function will result in the importance of the improvement of the competence and position of the Directorate of Adjutant General from Brigadier General to Major General.
Dividend Omission Announcement Effect to Market Reaction in Indonesia Stock Exchange
Mr Darmawan
Integrated Journal of Business and Economics (IJBE) Vol 2, No 2 (2018): Integrated Journal of Business and Economics
Publisher : Fakultas Ekonomi, Universitas Bangka Belitung
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DOI: 10.33019/ijbe.v2i2.72
This study examined the signalling theory about how the market / investors respond to dividend announcements made by companies listed on the Indonesia Stock Exchange during the period 2008-2012. This period was chosen because the economy and economic growth of Indonesia is relatively stable. In general, the objective of this research is to develop new theoretical approaches, in an effort to resolve the conceptual controversies regarding the impact of dividend policy on firm value. That in detail, in particular, objective: To analyze and empirically test the market reaction to the announcement dividend omissions, as well as Analyze and test empirically the firm-specific characteristics variables that affect the market reaction. The samples are all companies that announced dividend policy for 5 years as many as 242 companies with 729 event announcements. The results showed that in events dividend announcement found a significant reaction from the market. At the announcement of dividend omissions, there are 5 significant observations with 2 observations fit in theory. The study also shows none of the significant characteristics of the company is able to explain the market reaction to dividend announcements.
Compliance Level Analysis of Announcement of General Procurement Plan in Indonesia
Darmawan Darmawan
Integrated Journal of Business and Economics (IJBE) Vol 6, No 2 (2022): Integrated Journal of Business and Economics
Publisher : Fakultas Ekonomi, Universitas Bangka Belitung
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DOI: 10.33019/ijbe.v6i2.439
The purpose of this study is to analyze the Compliance Level of the Public Procurement Plan Announcement in Indonesia. The observation period for this study was carried out for three years and for all Ministry / Agencies / Regional Government. The test was conducted to determine the effect of Value of Procurement, Way of Implementation, Type of Procurement, and Provider Selection Method on the level of compliance in announcing the General Procurement Plan. The level of compliance with the announcement of the General Procurement Plan was mostly influenced by the value of the procurement contract. It was also found that the number of procurement packages in a self-managed manner had a significant negative effect on the level of compliance. In the type of procurement, it was found that the value of the procurement packages had a greater influence on the number of packages. It was also found that the value of the consultant procurement package had a negative effect on the compliance level of the General Procurement Plan announcement. In the provider selection method, it was found that the value of the procurement packages had a greater influence on the number of procurement packages. In general, it is found that the variable value of the procurement packages significantly affects the level of compliance more than the number of procurement packages. The results of this research indicate the need for greater attention to the involvement of Small and medium enterprises and domestic production content in procurement. This is the first research effort to understand the success of the general procurement plan in Indonesia.
Rasio Keuangan dan Pengaruhnya Terhadap Harga Saham Syariah dengan Price Earning Ratio Sebagai Variabel Moderasi
Yuliawati Yuliawati;
Darmawan Darmawan
Al-Tijary AL-TIJARY VOL. 4, NO. 2, JUNI 2019
Publisher : Fakultas Ekonomi dan Bisnis Islam Universitas Islam Negeri Sultan Aji Muhammad Idris Samarinda
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DOI: 10.21093/at.v4i2.1396
The purpose of this research was to examine the effect of EPS and ROE on stock price with PER as a moderating variable. The object examined was the company went public in the Jakarta Islamic Index period January 2010 - May 2018. The research period in this study was 8 years from 2010-2017. The sampling method in this research is purposive sampling to obtain 6 of company in Jakarta Islamic Index. This research used panel data regression and residual data. Based on the results of the analysis it was found that the Earning Per Share (EPS) and Return on Equity (ROE) have a significant effect on stock prices partially and simultaneously. In addition, Price Earning Ratio (PER) was able to moderate the relationship beetwen Earning Per Share (EPS) on stock prices. Finally, Price Earning Ratio (PER) was able to moderate the the relationship between Return on Equity (ROE) and stock prices.
Pengaruh Struktur Modal dan Profitabilitas Terhadap Nilai Perusahaan Sektor Healthcare di BEI Tahun 2011-2021
Moh Shadam Taqiyyuddin Azka;
Amar Aditya Basri;
Ahmad Azka Izuddin;
Achmad Jufri;
Darmawan Darmawan
Assyarikah: Journal of Islamic Economic Business Vol 3, No 2 (2022): Assyarikah: Journal Of Islamic Economic Business
Publisher : Al-Amien Prenduan for Islamic Institute
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DOI: 10.28944/assyarikah.v3i2.809
Penelitian ini bertujuan untuk mengetahui pengaruh struktur modal dan kinerja keuangan perusahaan sektor healthcare periode 2011-2021. Variabel struktur modal yang digunakan dalam penelitian ini terdiri dari debt to asset ratio (DAR), dept to equity ratio (DER), return on investment (ROI), dan return on equity (ROE). Sedangkan variabel nilai perusahaan digunakan earning per share (EPS). Jenis penelitian yang digunakan dalam penelitian ini adalah metode kuantitatif asosiatif (hubungan atau pengaruh). Jenis data dalam penelitian ini adalah data sekunder yaitu sepuluh perusahaan sektor healthcare, berupa data panel yang merupakan gabungan antara data time series dan cross-section. Berdasarkan uji yang dilakukan telah didapatkan hasil bahwa variabel DAR, DER, dan ROE tidak signifikan dan tidak berpengaruh terhadap EPS sebagai indikator nilai perusahaan. Tetapi variabel ROI sangat berpengaruh positif dan signifikan terhadap EPS.
Abnormal Return Analysis of Heatwave Announcement in China Has the Potential to Increase Indonesia's Coal Exports in Bumi and Adro Stocks
Lea Fathra Azha Nabiela;
Lifatin Nada;
Darmawan Darmawan
Jurnal Ekonomi Lembaga Layanan Pendidikan Tinggi Wilayah I Vol. 3 No. 1 (2023): Article Research Volume 3 Issue 1, May 2023
Publisher : LLDIKTI Wilayah 1 Sumatera Utara
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DOI: 10.54076/juket.v3i1.263
This study aims to determine the heatwave announcement in China can increase Indonesia's coal export potential. On the abnormal Return on shares of PT Bumi Resource Tbk (BUMI) and PT Adaro Energy Indonesia Tbk (ADRO). The method used to analyze this research is an event study. Hypothesis testing was carried out using normality tests, paired sample t-tests and one-sample T-tests. From the results of this study, it was found that there was no significant abnormal difference in return after the announcement was published. Therefore, the results were obtained that the published announcement did not contain information for investors because there was no abnormal return around the event.
Analisis Harga Saham Perusahaan Pertambangan Batubara PT Bukit Asam Tbk dan PT. Aneka Tambang Tbk
Vikry Dimas Saputra;
Lifatin Nada;
Darmawan Darmawan
MABIS: Jurnal Manajemen Bisnis Syariah Vol 3, No 2 (2023): MABIS: Jurnal Manajemen Bisnis Syariah
Publisher : Universitas Islam Negeri Mahmud Yunus Batusangkar
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DOI: 10.31958/mabis.v3i2.8165
The purpose of this research is to analyze the effect of falling coal reference unit prices in the world on the stock prices of coal mining companies in Indonesia, an analytical study of PT Bukit Asam Tbk. And PT Aneka Tambang Tbk. In this paper it is intended or useful to find out whether the fall in world coal prices has affected the stock prices of the two companies so that an investor can find out the condition of the company’s shares before and after the incident occurred. To get the results the author uses the event study method. Event study is research that observes the impact of an information announcement that affects the price of a company’s securities. Obtained from the use of non-parametric research methods, the wilcoxon signed rank test found that the company PT Bukit Asam Tbk. Not affected by this event, in another sense even though international (worldwide) coal prices are declining, even so this event does not affect the share price of this company’s coal mining company. However, it is inversely proportional to the Company PT Aneka Tambang Tbk. Because because of these events it was found that this company was affected by the consequences of these events.
Analisis Harga Saham Perusahaan Pertambangan Batubara PT Bukit Asam Tbk dan PT. Aneka Tambang Tbk
Vikry Dimas Saputra;
Lifatin Nada;
Darmawan Darmawan
Jurnal Manajemen Bisnis Syariah Vol 3, No 2 (2023): Jurnal Manajemen Bisnis Syariah
Publisher : Universitas Islam Negeri Mahmud Yunus Batusangkar
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DOI: 10.31958/mabis.v3i2.8165
The purpose of this research is to analyze the effect of falling coal reference unit prices in the world on the stock prices of coal mining companies in Indonesia, an analytical study of PT Bukit Asam Tbk. And PT Aneka Tambang Tbk. In this paper it is intended or useful to find out whether the fall in world coal prices has affected the stock prices of the two companies so that an investor can find out the condition of the company’s shares before and after the incident occurred. To get the results the author uses the event study method. Event study is research that observes the impact of an information announcement that affects the price of a company’s securities. Obtained from the use of non-parametric research methods, the wilcoxon signed rank test found that the company PT Bukit Asam Tbk. Not affected by this event, in another sense even though international (worldwide) coal prices are declining, even so this event does not affect the share price of this company’s coal mining company. However, it is inversely proportional to the Company PT Aneka Tambang Tbk. Because because of these events it was found that this company was affected by the consequences of these events.
Pengaruh Struktur Modal dan Profitabilitas Terhadap Nilai Perusahaan Sektor Healthcare di BEI Tahun 2011-2021
Moh Shadam Taqiyyuddin Azka;
Amar Aditya Basri;
Ahmad Azka Izuddin;
Achmad Jufri;
Darmawan Darmawan
Assyarikah: Journal of Islamic Economic Business Vol 3, No 2 (2022): Assyarikah: Journal Of Islamic Economic Business
Publisher : Al-Amien Prenduan for Islamic Institute
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DOI: 10.28944/assyarikah.v3i2.809
Penelitian ini bertujuan untuk mengetahui pengaruh struktur modal dan kinerja keuangan perusahaan sektor healthcare periode 2011-2021. Variabel struktur modal yang digunakan dalam penelitian ini terdiri dari debt to asset ratio (DAR), dept to equity ratio (DER), return on investment (ROI), dan return on equity (ROE). Sedangkan variabel nilai perusahaan digunakan earning per share (EPS). Jenis penelitian yang digunakan dalam penelitian ini adalah metode kuantitatif asosiatif (hubungan atau pengaruh). Jenis data dalam penelitian ini adalah data sekunder yaitu sepuluh perusahaan sektor healthcare, berupa data panel yang merupakan gabungan antara data time series dan cross-section. Berdasarkan uji yang dilakukan telah didapatkan hasil bahwa variabel DAR, DER, dan ROE tidak signifikan dan tidak berpengaruh terhadap EPS sebagai indikator nilai perusahaan. Tetapi variabel ROI sangat berpengaruh positif dan signifikan terhadap EPS.
Business Feasibility Aspects of Village-Owned Enterprises in Indonesia
Darmawan, Darmawan
JESI (Jurnal Ekonomi Syariah Indonesia) Vol 12, No 1 (2022)
Publisher : Universitas Alma Ata
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DOI: 10.21927/jesi.2022.12(1).90-107
This research is the first in an effort to find out the Business Feasibility Aspects of Village-Owned Enterprises (BUM Desa) in Indonesia. This research is very important because the Village Fund of IDR 329 trillion over the last five years has not been able to be maximally utilized by BUM Desa. There are 2,188 BUM Desa not operating and 1,670 BUM Desa that are running but have not yet contributed optimally to driving the village economy. BUM Desa must be revitalized, improving the performance of BUM Desa is important and urgent because Village Funds continue to increase every year. In 2020, the government allocates a budget of IDR 72 trillion. This study seeks the Business Feasibility Aspects of Village-Owned Enterprises (BUM Desa) by using questionnaires and direct field observations throughout Indonesia with a sample expected to represent Java and Outside Java. It was found that there are five aspects that can measure the feasibility of a business in the BUM Desa business unit: Market and Marketing Aspects; Management and Human Resources Aspects; Financial aspect; Business Environment Aspect; and Legal Aspects. The main problem of BUM Desa is in the financial aspect (76,56%) and the aspect of the business environment (73,29%). Meanwhile, the Market and Marketing Aspects; Management and HR Aspects; Legal Aspect have a feasibility score of above 80%. The business feasibility of BUM Desa in Java is better than outside Java. The social and financial business type has a lower feasibility level than other types of business.