Irwansyah Irwansyah
Fakultas Ekonomi dan Bisnis Universitas Mulawarman, Indonesia

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Peran agency cost reduction dalam memediasi hubungan antara corporate social responsibility dengan nilai perusahaan Alfini Maryanti Liu; Irwansyah Irwansyah; Zaki Fakhroni
FORUM EKONOMI Vol 18, No 2 (2016): Juli
Publisher : Faculty of Economics and Business Mulawarman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/jfor.v18i2.865

Abstract

The purpose of this study was to analyzed the effect of CSR on firm value. Firm value proxy with Tobin’s Q. This research was taken because there are still differences between the researchs with each other. This research adding agency cost reduction as mediating variable. This research was not use stakeholder theory, but was applicated agency theory, signaling theory, and legitimacy theory. This study use WarpPLS 5.0. This study uses 63 samples of manufacture firms that listed in Indonesian Stock Exchange (IDX) during 2013 to 2015. The sampling method used for this study is purposive sampling. Type of the data used is secondary data. The result of the test is that CSR positive influence to the firm value. Based on the results of the analysis found that the agency cost reduction is partial mediation between the relationship of CSR on firm value. Institutional ownership can’t moderate CSR on ACR.Keyword: Corporate Social Responsibility, Firm Value, Agency Cost  Reduction, Institutional Ownership  
Influence of government investment and private investment and labor against domestic product gross regional and own local revenue samarinda Andi Abdul Wahab; Rusdiah Iskandar; Irwansyah Irwansyah
INOVASI Vol 12, No 2 (2016): November
Publisher : Faculty of Economics and Business Mulawarman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/jinv.v12i2.803

Abstract

This study aimed to examine the influence of direct and indirect Government Investment and Private Investment and Labor against the Gross Domestic Product and Local Revenue Samarinda. Engineering analysis to determine the effect of independent variables on the dependent variable used path analysis tool (Path analysis) with decomposition model is done through the statistical program SPSS. The study states (1) The Government Investment no significant effect on the GDP amounted to (0.050.538). (2) Private Investment significant effect on the GDP amounted to (0.050.041). (3) Labor significant effect on the GDP amounted to (0.050.001). (4) The Government Investment no significant effect on revenue of (0.050.095). (5) Private investment no significant effect on Local Own Revenue (0.05 0.146). (6) Labor no significant effect on Local Own Revenue (0.050.954). (7) GDRP no significant effect on Local Own Revenue (0.05 0.130). (8) Directly Government Investment Local Own Revenue positive influence in the formation of which is equal to 0.075, while the indirect effect of the Government Investment to the Local Own Revenue through the GDRP of (0.075 x 0.618 = 0.046). (9) The Private Investment also has a positive effect but not significant to the revenue of 0.289. The indirect effect of Private Investment to the Local Own Revenue through the GDRP amounted to (0.289 x 0.618 = 0.179). (10) The results of the analysis of Labor positive but not significant influence 0,023 to the GDRP formation, while the indirect effect of Labor to the Local Own Revenue through the GDRP amounted to (0.711 x 0.618 = 0.439).Keywords: Government Investment, Private Investment, Labor, Gross Domestic                 Regional of Product, Own Local Revenue.