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The influence of financial ratios on financial distress of transportation sector companies in Indonesia Harnida, Mutia; Syam, Akhmad Yafiz; Syahdan, Saifhul Anuar; Ruwanti, Gemi; Boedi, Soelistijono
KINERJA Vol 21 No 2 (2024): Mei
Publisher : FEB Universitas Mulawarman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/jkin.v21i2.14589

Abstract

The purpose of this research is to determine the influence of the current ratio, debt to asset ratio, debt to equity ratio, return on asset, return on equity, total asset turn over on financial distress in transportation sector companies listed on the Indonesia Stock Exchange. Using purposive sampling method, a sample of 22 companies was obtained over a period of 3 years. This research utilizes secondary data obtained from financial and annual reports published on the Indonesia Stock Exchange from 2020 to 2022. Logistic regression is employed to analyze the data. The results of this study indicate that the debt to asset ratio has a partial effect on financial distress. However, the current ratio, debt to equity ratio, return on asset, return on equity, and total asset turnover do not have a partial effect on financial distress. Simultaneously, the influence of the current ratio, debt to asset ratio, debt to equity ratio, return on asset, return on equity, and total asset turnover affects financial distress
The Influence of Profitability, Leverage, and Firm Size on Firm Value with Dividend Policy as a Mediating Variable Fitriya, Novi Rahma; Ernawati, Sri; Syahdan, Saifhul Anuar; Syam, Akhmad Yafiz
INTERNATIONAL JOURNAL OF TRENDS IN ACCOUNTING RESEARCH Vol. 6 No. 2 (2025): International Journal of Trends in Accounting Research (IJTAR), November 2025
Publisher : Asosiasi Dosen Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54951/ijtar.v6i2.1167

Abstract

This study aims to analyse the effect of profitability, leverage, and firm size on firm value mediated by dividend policy. This study uses a purposive sampling method. This study includes non-cyclical industries on the Indonesia Stock Exchange for the period 2020-2023, with a population of 23 companies and a sample size of 125. The data were analysed and hypotheses tested using the Structural Equation Modelling Partial Least Squares (SEM-PLS). The findings of this study indicate that profitability, leverage and firm size have positive influences on firm value. Dividend policy has a significant direct effect on firm value. However, the indirect effect of independent variables through dividend policy was not significant.
The Models of Human Resource Development in Preparing Prisoners for Entrepreneurship in Banjarmasin Arifin, Zainal; Syam, Akhmad Yafiz; Maladi, Muhammad
APMBA (Asia Pacific Management and Business Application) Vol. 2 No. 2 (2013)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.apmba.2013.002.02.1

Abstract

Tendency to ex-prisoners back into previous environment after being released from the detention center is a phenomenon that raises a big question. Although training programs have become routine activities provided by the government every year and inmates are trained in various skills in preparation for their after-free, some still choose to return to the criminal world.  Empirical studies show that there are two main causes, namely (1) the training program is given to make them skilled workers that after they acquire freedom no company will hire former prisoners, (2) there are constraints such as capital and knowledge emerge as for those starting and running a business. A new approach is necessary for construction problems. This study attempts to test the model of human resource development for former prisoners to prepare them for entrepreneurship. This study is the first step in testing the model of development of human resources for ex-prisoners to prepare them for entrepreneurship. In this study, the object to be examined is inmates of a prison in Banjarmasin. The data collection is done by filling in questionnaires, in-depth interviews to 150 inmates of their last year before the end of the period of detention, business confidence surveys, training and mentoring consultancy. The results from the test using MSC-T Miner questionnaire method showed 100 of the 150 prisoners have entrepreneurial potential. 100 people have been matched with their preferred business qualifications only 50 people who have interest in accordance with market rates. Intervention by the research team is to provide motivation and knowledge about entrepreneurship and personality development showed better results than before the intervention of the 50 inmates in preparing for entrepreneurship.