Claim Missing Document
Check
Articles

Found 2 Documents
Search

THE EFFECT OF WORK MOTIVATION ON EMPLOYEE PERFORMANCE WITH LENGTH OF WORK AS A MODERATING VARIABLE AT PT. GOTONG ROYONG JAYA MENDARIS Willy Cahyadi
JOEL: Journal of Educational and Language Research Vol. 1 No. 7: Februari 2022
Publisher : Bajang Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (303.193 KB) | DOI: 10.53625/joel.v1i7.1535

Abstract

This study aims to determine the effect of work motivation on employee performance with length of work as a moderating variable at PT. Gotong Royong Jaya Mendaris. In this study, data were collected through a questionnaire method to 48 respondents, employees of PT. Gotong Royong Jaya Mendaris Maintenance Section using the census method. Then the analysis was carried out using the descriptive analysis method. That includes validity and reliability tests, classical assumption tests, hypothesis testing through t-test and analysis of the coefficient of determination (R2). The data analysis technique used is multiple linear regression analysis using the Absolute Difference Test which serves to prove the research hypothesis. The data that has met the validity test, reliability test, and classical assumption test are processed to produce the following regression equation: Y = 6.439 + 1.328X - 0.244Z. With 1 Independent Variable, 1 Dependent Variable and 1 Moderating Variable, it shows that. Hypothesis 1 states that work motivation has a positive effect on employee performance. From table 4.15, the tcount value is 3,416. With = 5%, ttable (5%; nk = 46) the ttable value is 2,013. From the description it can be seen that tcount (3.416) > t table (2,013), as well as the significance value of 0.001 <0.05, it can be concluded that the first hypothesis is accepted, meaning that the work motivation variable (X) has an effect on the employee performance variable (Y). Hypothesis 2 states that the variable length of service (Z) has no effect on the employee performance variable (Y). From table 4.15, the tcount value is -0.743. With = 5%, ttable (5%; nk = 46) the ttable value is -2.013. From this description it can be seen that tcount (-0.743) > ttable (-2.013), and the significance of which is 0.461 > 0.05, it can be concluded that the second hypothesis is rejected, meaning that the variable length of work (Z) has no effect on the employee performance variable (Y). Meanwhile, hypothesis 3 states that the length of work variable (Z) cannot moderate the effect of the work motivation variable (X) on the employee performance variable (Y). From table 4.16 obtained a value of -0.629 with a significance value of 0.532 > 0.05 that the parameter coefficient value is negative but not significant. Where it can be concluded that the third hypothesis is rejected.
The effect of price-earnings ratio and price-to-book ratio on stock prices in the banking sector on the indonesia stock exchange for the period 2023–2025 Genta Arya Pradana; siti nurhazizah; Mangasi Sinurat; Willy Cahyadi
Jurnal Mantik Vol. 10 No. 1 (2026): May : Manajemen, Teknologi Informatika dan Komunikasi (Mantik)
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/mantik.v10i1.7142

Abstract

This study aims to analyze the influence of corporate fundamentals, proxied by the Price Earning Ratio (PER) and Price to Book Value (PBV), on stock prices in the banking sector listed on the Indonesia Stock Exchange (IDX) for the 2023–2025 period. The research method used is quantitative with a purposive sampling approach, resulting in a sample of 12 banks with a total of 36 panel data observations. Data analysis was performed using panel data regression via Eviews 12 software. Simultaneous testing (F-test) results show that PER and PBV variables collectively have a significant impact on stock prices. Partially (t-test), it was found that PBV has a dominant positive and significant influence, while PER exhibits a significant negative influence on stock prices. The Adjusted R-squared value of 99.32% indicates that stock price variations in the banking sector are almost entirely explained by these two independent variables. These findings suggest that investors in the banking sector prioritize intrinsic equity value (net asset value) as an indicator of investment security over mere earnings multiples expectations. Theoretically, this study reinforces the Signaling Theory by demonstrating that in the banking industry, asset-based information (PBV) provides a more reliable signal of long-term solvency than earnings volatility. However, this study is limited by its specific focus on the KOMPAS 100 index and a relatively short observation period, which may affect the generalizability of the results to smaller or digital-only banks. This study recommends that investors utilize fundamental valuation ratios, particularly PBV, as primary instruments for investment decision-making in the banking sector