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Journal : Values

PENGARUH RETURN ON ASSET (ROA), DEBT TO EQUITY RATIO (DER), DAN INFLASI TERHADAP RETURN SAHAM PADA PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR PADA BURSA EFEK INDONESIA Ni Kadek Santi Suarniti; I Wayan Sukadana; I Wayan Widnyana
VALUES Vol. 2 No. 2 (2021): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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Abstract

Stock Return is the value obtained as a result of investing activities, because a high enough stock return will be more attractive for investors to buy shares in the capital market. This study aims to test and obtain empirical evidence regarding the effect of Return On Asset (ROA), Debt To Equity Ratio (DER), and Inflation on stock returns in property and real estate companies listed on the Indonesia Stock Exchange. The population of this research is property and real estate companies listed on the Indonesia Stock Exchange in 2014-2018. The research sample was 41 companies which were determined based on purposive sampling method. The analytical tool used to test the hypothesis is multiple linear regression analysis. The results showed that Return on Assets (ROA) had a positive effect on stock returns, while the Debt To Equity Ratio (DER) and inflation had no effect on stock returns. In addition, Return on Assets (ROA), Debt to Equity Ratio (DER), and inflation simultaneously have a significant effect on stock returns. Further research can develop research using other variables such as interest rates and foreign exchange rates, as well as adding to the observation year period and using companies listed on the IDX so that the research results can be more comprehensive.
PENGARUH FREE CASH FLOW, RISIKO BISNIS, DAN KEBIJAKAN UTANG TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA Ni Kadek Dwi Suciati; I Wayan Widnyana; Gregorius Paulus Tahu
VALUES Vol. 2 No. 2 (2021): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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Firm value is an indicator of how the market values ​​the company as a whole. Firm value is very important because it reflects the company's performance which can affect investors' perceptions of the company. This study aims to test and obtain empirical evidence of the effect of free cash flow, business risk, and debt policy on firm value in manufacturing companies listed on the Indonesia Stock Exchange. The population in this study are manufacturing companies listed on the IDX in 2016-2018. The sample in this study were 12 manufacturing companies which were determined based on the purposive sampling method. The data analysis technique used in this study is multiple regression analysis. The results showed that free cash flow had a positive and significant effect on firm value. Business risk has a negative and significant effect on firm value. Debt policy has a positive and significant effect on firm value at the company. Further research is also suggested to conduct research on companies with more diverse characteristics, so that the results obtained can represent a conclusion by comparing each sector of companies listed on the Indonesia Stock Exchange.
PENGARUH PERTUMBUHAN ASET, UKURAN PERUSAHAAN DAN PROFITABILITAS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR SEKTOR FARMASI DI BURSA EFEK INDONESIA I Gusti Ayu Putri Sinta Dewi; I Wayan Sukadana; I Wayan Widnyana
VALUES Vol. 2 No. 3 (2021): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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The capital structure indicates how the company finances its operational activities or how the company finances its assets. Companies need funds that come from their own capital and foreign capital. This study aims to determine the effect of asset growth, company size, and profitability on capital structure in pharmaceutical sector manufacturing companies listed on the Indonesia Stock Exchange. The study population was 10 pharmaceutical sector manufacturing companies listed on the IDX in 2014-2018. The sample in this study were 9 companies which were determined based on purposive sampling technique so that the total sample during 2014-2018 was 45 company units. The analysis tool used is multiple linear regression analysis. The results showed that asset growth had a positive and significant effect on capital structure, firm size and profitability had no effect on capital structure and simultaneously asset growth, company size and profitability had a significant effect on capital structure. Future research is expected to be able to increase the variety of research variables related to capital structure, so that it can increase research references on capital structure.
PENGARUH EFEKTIVITAS MODAL KERJA, PERPUTARAN PIUTANG, DAN KEBIJAKAN UTANG TERHADAP RENTABILITAS EKONOMI PADA BIRO PERJALANAN WISATA, HOTEL DAN RESTORAN YANG TERDAFTAR DI BURSA EFEK INDONESIA Ni Made Ayu Gita Dianningrat; I Wayan Sukadana; I Wayan Widnyana
VALUES Vol. 2 No. 3 (2021): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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This study aims to determine and explain whether the Effectiveness of Working Capital, Accounts Receivable Turnover, and Debt Policy have an effect on Economic Profitability in travel agents, hotels and restaurants listed on the Indonesia Stock Exchange. The sample in this study were 15 travel agency companies, hotels and restaurants listed on the Indonesia Stock Exchange for the period 2016-2018 which were determined based on the purposive sampling method. The research test used multiple regression analysis. The results showed that the effectiveness of working capital had a positive effect on economic profitability. Meanwhile, accounts receivable turnover and debt policy have no effect on economic profitability. Further research can develop this research by using other variables which in theory have an influence on economic profitability.
PENGARUH CAPITAL ADEQUACY RATIO, NON PERFORMING FINANCE, DAN NET INTEREST MARGIN TERHADAP PROFITABILITAS PADA BANK UMUM SYARIAH Ni Made Priska Setiawati; I Wayan Widnyana; I Gusti Ngurah Bagus Gunadi
VALUES Vol. 3 No. 1 (2022): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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Islamic Bank or hereinafter referred to as Islamic Bank, is a Bank that operates without relying on interest. An Islamic bank or commonly referred to as an interest-free bank, is an operational financial/banking institution. The emergence of Islamic banks is not only a financial intermediary (financial intermediary), but also revolutionized with real participation in the business world and mobilizing in funding. The funding revolution can be proven by the principle of profit and loss (profit and loss sharing) which is different from conventional interest-based banks. This study aims to examine the effect of Capital Adequacy Ratio (CAR), Non Performing Finance (NPF), and Net Interest Margin (NIM) on Profitability in Islamic Commercial Banks. The research population is Islamic Commercial Bank companies in Indonesia which are listed on the Indonesia Stock Exchange in 2015-2019. The sample in this study was 19 Islamic commercial banks which were determined based on the purposive sampling method. The analytical tool used to test the hypothesis is multiple linear regression analysis. The results showed that the Capital Adequacy Ratio (CAR) and Net Interest Margin (NIM) had a positive and significant effect on profitability. Meanwhile, Non-Performing Finance (NPF) has a negative and insignificant effect on profitability. Further research can develop this research by using other variables to determine the effect of each new variable used for further research.
PENGARUH KEPEMIMPINAN TRANSFORMASIONAL, KESELAMATAN DAN KESEHATAN KERJA TERHADAP KEPUASANKERJA KARYAWAN BAGIAN PRODUKSI PADA PT. TIRTA INVESTAMA MAMBAL DI KABUPATEN BADUNG I Dewa Gede Punarbawa; I Wayan Widnyana; I Gusti Ngurah Bagus Gunadi
VALUES Vol. 3 No. 2 (2022): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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Employee job satisfaction is a very important thing in the organization's efforts to achieve its goals, so it is important to pay attention to the factors that determine employee job satisfaction. Transformational leadership, occupational safety and health are independent variables that can affect employee job satisfaction. The purpose of this study was to determine the effect of transformational leadership, occupational safety and health on employee job satisfaction at PT. Tirta Investama Mambal in Badung Regency. This research was conducted at PT. Tirta Investama Mambal, having his address at Banjar Gumasih, Mambal Village, Abiansemal District, Badung Regency. The object of this research is transformational leadership, occupational safety and health and employee job satisfaction. The population in this study were employees of the production department at PT. Tirta Investama Mambal in Badung Regency in 2020 as many as 89 employees. Determination of the sample in this study using the saturated sample or census method is a sampling technique when all members of the population are used as samples. The number of samples as many as 89 employees of the production division of PT. Tirta Investama Mambal in Badung Regency, Data analysis using multiple linear regression. The result of the research is that transformational leadership has a positive and significant effect on employee job satisfaction at PT. Tirta Investama Mambal in Badung Regency. Work safety has a positive and significant effect on employee job satisfaction at PT. Tirta Investama Mambal in Badung Regency. Occupational health has a positive and significant effect on employee job satisfaction at PT. Tirta Investama Mambal in Badung Regency.
PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA Ni Made Dewi Antari; I Wayan Widnyana; I Gusti Ngurah Bagus Gunadi
VALUES Vol. 3 No. 2 (2022): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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The purpose of this study is to examine the effect of the implementation of Good Corporate Governance on the financial performance of banks. Financial performance is measured by return on equity (ROE). The type of research used is the type of quantitative and qualitative research. This study uses secondary data obtained from the annual reports of banking companies listed on the Indonesia Stock Exchange (IDX). The data were analyzed using multiple regression analysis with the help of SPSS version 25 program. The results of this study indicate (1) the Board of Commissioners has no effect on the Financial Performance of the Bank. (2) The Board of Directors has a positive and significant effect on the Financial Performance of the Bank. (4) Institutional Ownership has an effect on negative on the Financial Performance of the Bank. (5) Managerial Ownership has no effect on the financial performance.
PENGARUH IKLIM ORGANISASI DAN STRES KERJA TERHADAP KEPUASAN KERJA GURU PADA SMP NEGERI 1 BANJARANGKAN KLUNGKUNG Cokorda Agung Satya Pramantha; I Wayan Widnyana; I Gst Ngr Bagus Gunadi
VALUES Vol. 3 No. 3 (2022): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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This study aims to examine the effect of organizational climate and job stress on teacher job satisfaction. The success of a teacher in providing knowledge cannot be separated from the factor of whether the teacher is satisfied in doing his job, because teacher dissatisfaction at work has an impact on the teaching and learning process that is not optimal. The existence of a good organizational climate will be able to lead to job satisfaction, teachers who are in a good and conducive organizational climate will be able to create teacher initiatives to want to do an activity and work that is an obligation and also do not hesitate to carry out tasks outside of their work. Teacher job satisfaction also has something to do with work stress, stress forces a person to deviate from normal functions due to changes that interfere with or improve physiological and psychological conditions, so they are forced to deviate from normal functions. This research was conducted at SMP Negeri 1 Banjarangkan which is located at Jalan Lettu Ida Bagus Puja. The sample in this study was as many as 61 teachers with the sample being taken using the population or census method. The analytical tool used is multiple linear regression analysis. The results showed that the organizational climate had a positive and significant effect on teacher job satisfaction. And work stress has a negative and significant effect on teacher job satisfaction. Then the organizational climate and work stress together have an effect of 78.7% on teacher job satisfaction.
PENGARUH PELATIHAN KERJA, KOMPENSASI DAN BUDAYA ORGANISASI TERHADAP KINERJA KARYAWAN PADA PRIME PLAZA HOTEL SANUR DENPASAR Ni Made Feby Rahayu; I Wayan Widnyana; I Gusti Ngurah Bagus Gunadi
VALUES Vol. 3 No. 3 (2022): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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The current era of globalization and free competition causes many companies to compete to build their employee performance, because employee performance will largely determine the development of the company needed. The low employee performance is one of the factors that can damage the conditions in the company. The factors that can affect employee performance are job training, compensation and organizational culture. The purpose of this study is to determine and analyze the effects of Job Training, Compensation and Organizational Culture on Employee Performance at Prime Plaza Hotel Sanur Denpasar. The sample of this study were 172 employees at Prime Plaza Hotel Sanur Denpasar. Determination of the sample in this study used the Proportional Random Sampling technique by taking proportionally divided samples based on the number of members of each population using Isaac and Michael tables based on an error rate of 5%. The data analysis technique used is multiple linear regression analysis. The results of this study indicate that the job training variables has a positive and significant effect on employee performance. Compensation variables has a positive and significant effect on employee performance. Organizational Culture variables also has a positive and significant effect on employee performance.
PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE SOSIAL RESPONSIBILITY SEBAGAI VARIABEL MODERASI Kadek Sinta Purnamasari; I Wayan Widnyana; I Wayan Sukadana
VALUES Vol. 4 No. 1 (2023): Values
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis UNMAS

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Basically to measure a company's value can be through several aspects, one of which is by using the stock market price. The market price of a company's stock reflects investors' overall assessment of each equity owned by a company. If a company cannot manage its finances properly, it can result in financial difficulties within the company. Therefore, an analysis of the financial condition of a company is very important to do. The purpose of this study was to identify and analyze the effect of Return on Equity (ROE) on Company Value with Corporate Social Responsibility as a moderating variable in mining sector companies listed on the Indonesia Stock Exchange for the 2019-2021 period. This research is a research with the type of data used is quantitative data obtained from annual reports of companies that have been audited on the Indonesia Stock Exchange during the study period. The total population of these companies is 38 companies. Based on the purposive sampling method, the number of observations that met the sample criteria was 33 observations made by 11 companies. The analysis technique used is multiple linear regression analysis and Moderating Regression Analysis (MRA) with the SPSS application. The results of this study indicate that the variable profitability has a positive and significant influence on firm value, and disclosure of Corporate Social Responsibility (CSR) is a moderating variable that strengthens the relationship between ROE and firm value.
Co-Authors A.A. Ade Eka Putra Andryawan Aditya, I Putu Rendi Agus Wahyudi Salasa Gama Al-Alamin, Muhajirin Almuntasir Almuntasir Almuntasir, Almuntasir Anak Agung Anggita Cayanti Yuniarsa Anak Agung Diah Angganingrum Anggraeni, Ratih Dwi Antari, Ni Putu Medya Pradnya Antari, Ni Putu Peri Arianti, Ni Luh Putu Divarina Asih, Ni Luh Merry Astiti, Ni Luh Sasi Bontot, I Nyoman Charlie Wirawan Cokorda Agung Satya Pramantha Da Costa, Carla Alexandra De Jesus Desak Made Ari Susilawati Desak Made Ayu Shania Saraswati Desak Putu Parmiti Desak Putu Satria Lantasari DESAK PUTU SRI UTAMI DEWI Dewa Ayu Ari Purnama Yanti Dewa Ayu Diah Kharisma Dewi Dewa Ayu Diah Pradnya Swari Dewi, Ni Komang Sinta Dian Tariningsih Dominicius Djoko Budi Susilo Dominicius Djoko Budi Susilo Dominicus Djoko BS. Ernawati, Ni Putu Siki G. Oka Warmana, G. Oka Ganetri, Ni Made Lita Gregorius Paulus Tahu I Dewa Gede Punarbawa I Dewa Nyoman Raka I Gede Putu Eka Budiyasa I Gede Urwa Oka Semarabawa I Gst Ayu Shinta Puspita Sari I Gst Ngr Bagus Gunadi I Gst Ngurah Bagus Gunadi I Gst. Ngr Bagus Gunadi I Gusti Agung Teja Kusuma I Gusti Ayu Cantika Pradnyani I Gusti Ayu Putri Sinta Dewi I Gusti Ngurah Bagus Gunadi I Gusti Ngurah Japa I Komang Aditya Mahendra Putra I Komang Gaizka Senopati Gunawan I Komang Oka Permadi I Komang Windu Sandika I Made Adhika I Made Aditya Wardana I Made Diarta I Made Sukadana I Nengah Aristana I Nengah Suarmanayasa I Nyoman Bontot I Nyoman Suparsa I Putu Kevin Gautama I Wayan Suardiyasa I Wayan Sujana I Wayan Sujana I Wayan Sukadana I Wayan Sukadana I Wayan Sukadana Ida Ayu Agung Anggreni Putri Ida Ayu Komang Tiara Pratistha Sari Ida Ayu Made Citra Dewi Ida Ayu Nirma Prameswari Joe, Augyawati Kadek Ika Silvia Dewi Kadek Sinta Purnamasari Komang Ayu Sukma Ginanti Komang Ayu Sukma Ginanti Komang Dibia Suwardewa Komang Emi Yulistia Dewi Kusuma, I Gusti Agung Teja Kusuma, I Gusti Made Cahya Dharma LAKSEMINI, Kadek Dewi Indah Sri Lantasari, Desak Putu Satria Made Esa Abimansa Wijaya Made Ika Prastyadewi Mita Ekariani, Ni Wayan Nengah Landra Ni Kadek Dewi Maskanti Ni Kadek Dwi Pebriyanti Ni Kadek Dwi Suciati Ni Kadek Lilis Ni Kadek Nonik Rasminingsih Ni Kadek Rika Putri Rahayu Ni Kadek Riska Ramadani Ni Kadek Santi Suarniti Ni Kadek Septiari Ni Kadek Sugiartini Ni Kadek Sulistiawati Ni Kadek Yunita Sari Ni Ketut Ceria Dewi Ni Ketut Sri Wulandari Ni Ketut Sri Wulandari Ni Komang Apriwila Santi Mastini Ni Komang Arika Swandewi Ni Komang Desy Sukmawati Ni Komang Evi Endayani Ni Komang Nita Maheni Ni Komang Putri Aristiani Ni Komang Triswari Jayantini Ni Luh Ari Yusasrini Ni Luh Ayu Grahetha Tirta Dewi Suastra Ni Luh Diah Widiastuti Ni Luh Silvia Ratna Juliantari Ni Luh Tresna Fridaliyanti Ni Made Arik Pebriyanti Ni Made Ayu Gita Dianningrat Ni Made Ayu Mariani Ni Made Chintya Dewi Ni Made Dewi Antari Ni Made Dwi Puspitawati Ni Made Feby Rahayu Ni Made Krisna Arum Listyaningsih Ni Made Luisiana Wulandari Ni Made Priska Setiawati Ni Made Sintya Surya Dewi Ni Made Widya Sari NI MADE WINDA UTARI, NI MADE WINDA Ni Nyoman Ayuning Kertyasih Ni Nyoman Suryani Ni Nyoman Trianti Ni Putu Ayu Swandewi Ni Putu Cempaka Dharmadewi Atmaja Ni Putu Riskayanti Ni Putu Trisna Yuliantari Ni Wayan Eka Mitariani Ni Wayan Lestari Niladanti, Anak Agung Istri Nur Faiza Oktayeni, I Dewa Ayu Putri Pebriyanti, Ni Made Arik Poniasih, Ni Komang Putri Pridayanti, Ni Kadek Yulia Purwaningsih, Ni Luh Putra, Gusti Ngurah Made Dharma Putri, I Gusti Agung Putu Sintia Putri, Ketut Adelya Karina Putri, Putu Wiandha Putri, Tria Firnanda Amelia Putu Ari Pertiwi Sanjiwani Raul Hidayat Rosalia Dalima Landang RR. Maria Yulia Dwi Rengganis Sanjaya, I Nyoman Arya Sapta Rini Widyawati Sapta, I Ketut Septia Sari, Ni Putu Hana Puspita Sudewi, Ni Luh Putu Suryandari, Ni Suryanti, Ni Wayan Sutawan, I Made Swari, Komang Ayu Diah Sandya Trisnawati, Ni Wayan Monik Utami, Ni Kadek Lilis Dwi Warmana, G Oka Widiarti, Luh Putu Wijana, I Made Dauh Wiratama, Gede Andika Yanti, Ni Wayan Sri Aprilia Yuniarsa, Anak Agung Anggita Cayanti Yuniparmini, Ni Kadek