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Rida Prihatni
Faculty of Economics, Universitas Negeri Jakarta, Indonesia
Computer Science & IT Economics, Econometrics & Finance Engineering Health Professions Law, Crime, Criminology & Criminal Justice Social Sciences

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Analysis of The Effect of Total Quality Management on Organizational Performance in Small and Medium Enterprises with Innovation Process Speed as a Mediating Variable in SMES in the Culinary Sector in Bogor City Andini Sih Afsari Utami; Unggul Purwohedi; Rida Prihatni
Journal of World Science Vol. 3 No. 8 (2024): Journal of World Science
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/jws.v3i8.706

Abstract

The increasing competitiveness of the business environment, especially in the culinary industry, has encouraged small and medium-sized enterprises to focus on improving their organizational performance. This study aims to determine and analyze the effect of total quality management on organizational performance in small and medium enterprises with the speed of the innovation process as a mediating variable in culinary SMEs in Bogor City. The method used in this research is quantitative. The population in this study were 100 respondents of culinary SMEs in Bogor City. This study uses purposive sampling technique to determine the sample. Based on the results showed that TQM significantly has a positive influence on organizational performance, TQM significantly has a positive influence on the speed of the innovation process, the speed of the innovation process significantly has a positive influence on organizational performance, and there is a positive relationship and influence between Total Quality Management and organizational performance mediated by the speed of the innovation process. The results of this study provide implications for SMEs regarding the application of Total Quality Management. SMEs are expected to focus on services and products that meet consumer demand, reduce production costs, and offer affordable prices without sacrificing quality, thereby increasing consumer loyalty and business competitiveness. This research has implications for the need for SMEs to invest in training and development of effective TQM systems and pay attention to market dynamics to continue to innovate and meet consumer expectations.  
The Effect of Institutional Ownership, Profitability, and Liquidity on Capital Structure with the Cost of Capital as a Mediating Variable: Empirical Study on Property Companies Listed on the Indonesia Stock Exchange 2018 - 2022 Saumi Zulviana; Rida Prihatni; Etty Gurendrawari
Journal of World Science Vol. 3 No. 8 (2024): Journal of World Science
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/jws.v3i8.713

Abstract

This study aimed to determine and analyze the effect of institutional ownership, profitability, and Liquidity on capital structure with the cost of Capital as a mediating variable in property companies listed on the Indonesian stock exchange in 2018 - 2022. The method used in this research is quantitative. The population in the study were 92 Property and Real Estate companies listed on the Indonesia Stock Exchange in 2018-2022. The sampling technique used purposive sampling. The data analysis technique uses the classic assumption test and hypothesis testing. The results showed that in property companies on the IDX for the 2018-2022 period, institutional ownership had no significant effect on the structure and cost of Capital. Profitability has a significant negative effect on capital structure and a significant positive effect on the cost of Capital. Liquidity has no significant effect on capital structure, but is significantly negative on the cost of Capital. The cost of Capital has a significant positive effect on capital structure. It can mediate the effect of profitability on capital structure. However, it does not mediate the effect of institutional ownership and Liquidity. This study has implications for corporate financial policy, especially in managing capital structure and cost of Capital. Companies need to pay attention to profitability and liquidity factors in making financial decisions, because both significantly influence the structure and cost of Capital.
Co-Authors Andini Sih Afsari Utami Etty Gurendrawari Saumi Zulviana Unggul Purwohedi