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Journal : Tourism

Apakah Anggaran Pemasaran Pariwisata Pemerintah Efektif dalam Meningkatkan Jumlah Kunjungan Wisatawan? Sukirman, Oman
THE Journal : Tourism and Hospitality Essentials Journal Vol 7, No 2 (2017)
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/thej.v7i2.9018

Abstract

Our focus is the effect of the tourism ministry budget to promote tourism on the growing number of tourists. We used regression models using data for 2011 through 2016 to identify the impact of tourism marketing budgets on the growth in tourist numbers. The results show that the effect of higher marketing on the growth of the number of tourists depends on the level of tourism marketing budget that is in the ministry of tourism. More specifically, the results show that tourism marketing budgets have a major effect in increasing the number of foreign tourists visiting. However, the effect is different if applied to national tourism marketing. For the national tourism marketing budget is less effect in increasing the number of domestic tourists.
WHY PROFITABILITY NEGATIVELY AFFECT THE CAPITAL STRUCTURE IN FOOD AND BEVERAGE INDUSTRY? Sukirman, Oman
THE Journal : Tourism and Hospitality Essentials Journal Vol 9, No 1 (2019)
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/thej.v9i1.16987

Abstract

The capital structure became the foundation for a company. Conditions of the capital structure will greatly affect the survival of a company. The financial manager is obliged to maintain the stability and the good condition of the capital structure with capital sourced from the selection of internal and external. The company's profit is the source of internal capital, so that profitability has a relationship with the capital structure. The purpose of this study was to obtain evidence on whether profitability has a negative impact on the capital structure. This study used secondary data from company financial statements of Consumer Goods Industry sector, more specifically Food and Beverage sub-sector obtained from the Indonesian Stock Exchange (BEI). The sample used was 14 companies of the food and beverage industry. The analysis technique used was a simple linear regression. The results showed that there was a negative effect on the profitability of the capital structure, which means that food and beverage companies have formed a theory of Pecking Order in which internal financing has used retained earnings.