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Journal : Research Trend in Technology and Management

The Effect of Debt Policy, Sales Growth, and Good Corporate Governance on Firm Value in Consumer Non-Cyclicals Companies Listed on the Indonesia Stock Exchange for the 2021–2023 Period Aisyah, Zahira Puteri; Indriani , Susi; Zulaihati, Sri
Research Trend in Technology and Management Vol. 3 No. 2 (2025): Research Trend in Technology and Management (in progress)
Publisher : RTTM

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56442/rttm.v3i2.86

Abstract

In this research, we examine non-cyclical consumer companies listed on the Indonesia Stock Exchange (IDX) in the period 2021 to 2023 to observe the effect of debt policy, sales growth, and good corporate governance on company value. Good corporate governance is measured by the percentage of independent commissioners, sales growth, and debt policy as measured by the debt to equity ratio (DER) as independent variables. The dependent variable is the company value represented by the price to book value ratio (PBV). The method used is quantitative. Data were obtained from 76 companies selected based on certain criteria. The analysis was carried out using EViews software version 12 with multiple linear regression of panel data. The results of the study show that debt policy has a positive effect on the value of non-cyclical consumer companies. In addition, increased sales also significantly increase company value. However, good corporate governance does not have a significant impact on company value. Simultaneously, the value of non-cyclical consumer companies on the IDX in 2021 to 2023 is influenced by debt policy, sales growth, and good corporate governance.
The Influence of Academic Self-Efficacy, Academic Resilience, and Academic Self-Regulation on Learning Outcomes in Service, Trading, and Manufacturing Companies Accounting : (Case Study Of 11th-Grade Students Of The Accounting And Institutional Finance Program At A State Vocational School In Central Jakarta) Surya Aprilia, Diva; Takidah, Erika; Zulaihati, Sri
Research Trend in Technology and Management Vol. 3 No. 2 (2025): Research Trend in Technology and Management (in progress)
Publisher : RTTM

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to examine the influence of academic self-efficacy, academic resilience, and academic self-regulation on students’ learning outcomes in the subject of Service, Trading, and Manufacturing Company Accounting. A quantitative survey method was applied to a sample of 140 11th-grade Accounting and Finance students from three vocational high schools in Central Jakarta, selected using proportional stratified random sampling. Data were collected through a closed-ended questionnaire and analyzed using multiple linear regression. The results show that academic self-efficacy, academic resilience, and academic self-regulation significantly and simultaneously affect students’ learning outcomes (F = 167.325; p < 0.001). Partially, all three variables also show a positive and significant effect. The coefficient of determination (R² = 78.7%) indicates that these internal psychological factors substantially influence academic performance. These findings highlight the importance of psychological development in enhancing academic achievement. It is recommended that teachers and schools provide more support in fostering students’ self-confidence, academic persistence, and learning regulation skills.
The Influence of Institutional Ownership, Managerial Ownership, Independent Board of Commissioners, and Firm Size on Earnings Management in Indonesian Banking Companies (2021–2024) Hidayah, Wafa Rahma; Sumiati, Ati; Zulaihati, Sri
Research Trend in Technology and Management Vol. 3 No. 2 (2025): Research Trend in Technology and Management (in progress)
Publisher : RTTM

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research investigates how institutional ownership, managerial ownership, board of independent commissioners, and firm size influence earnings management among IDX-listed banks in the post-pandemic recovery period (2021-2024). Through simple random sampling techniques, 19 companies obtained a total of 76 observations. The data analysis used panel data regression with a fixed effect model approach through EViews 12 software. The research findings reveal that institutional ownership, managerial ownership, and firm size have positive and significant effects on earnings management, while independent boards of commissioners do not affect earnings management. However, together, all independent variables are proven to affect earnings management.