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Pengaruh Profitabilitas Terhadap Nilai Perusahaan Pada Sub Sektor Rokok Yang Terdaftar di BEI Periode 2021-2023 Putri, Ananda; Amran, Indri Ardhana; Muttia, Ririn; Basri, Musdalifah; Aljabar, Muhammad
Jurnal Ilmu Manajemen, Bisnis dan Ekonomi Vol 2 No 3 (2024)
Publisher : PT Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jimbe.v2i3.326

Abstract

This study aims to analyze the effect of profitability, as measured by Return on Assets (ROA) and Return on Equity (ROE), on the value of companies in the cigarette sector listed on the Indonesia Stock Exchange. The background of the study shows that although high profitability can increase investor confidence and company value, many companies in this sector face challenges such as raw material price volatility and the impact of the pandemic. The research method used involves collecting data from cigarette companies listed on the Indonesia Stock Exchange during the period 2021-2023 using a purposive sampling technique. The results of the analysis show that ROA has a negative effect on company value, while ROE has a significant positive effect. The average Tobin's Q value shows large variations between samples, and statistical analysis shows that 85% of the variation in company value can be explained by ROA and ROE. This study concludes that profitability has a significant effect on company value, with companies with high profitability tending to have better market value
INOVASI OLAHAN KERIPIK JAGUNG GULA AREN SEBAGAI PRODUK YANG BERNILAI EKONOMIS DI DESA WATANG KASSA Damis, Sariana; Syukri, Fitriyani; Fatimah, Fatimah; Aljabar, Muhammad; A.R.Amrah, Nurfardianty
MALLOMO: Journal of Community Service Vol 5 No 1 (2024): Desember-Mei
Publisher : Universitas Muhammadiyah Sidenreng Rappang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55678/mallomo.v5i1.1652

Abstract

This research aims to develop an innovative corn chips product using palm sugar as a natural sweetener, which is expected to increase the economic value of local products in Watang Kassa Village. The village is known for producing corn and palm sugar, but the potential of these two ingredients has not yet been fully utilized as commercial processed products. This innovation is expected to provide product diversification, increase local community income, and create broader market opportunities. The research methods used include field studies, recipe trials, and market analysis. The results of the study show that corn chips with palm sugar not only have a unique flavor and are well-received by consumers, but also have great market potential as a regional specialty product. With this innovation, corn chips with palm sugar can become an economically valuable product that contributes to improving the welfare of the people in Watang Kassa Village.