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Capital Structure, Business Risk and Company Value with Firm Size as a Moderating Variable: Empirical Evidence from Pharmaceutical Companies in Indonesia Anisah, Anisah; Murad, Moh. Ali; Asriadi, Asriadi; Samudra, Suryadi; Magfirah, Dilah
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 4 (2022): Budapest International Research and Critics Institute November
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i4.7180

Abstract

This study investigates the extent to which firm size can strengthen or weaken the relationship between capital structure and business risk in inducing firm value. This study uses panel data from ten pharmaceutical companies sourced from the company's annual reports for 2015-2021. The data analysis technique used the Structure Equation Modeling (SEM) method through the Partial Least Square (PLS) approach with WarpPLS 6.0 software. This study found that capital structure had no effect on firm value, while business risk had a significant negative effect on firm value. Firm size is only able to moderate the relationship between capital structure and firm value. Thus, in order to maximize the value of pharmaceutical companies in Indonesia, the main concern of managers is to ensure that the amount of income received by the company remains stable in order to avoid income volatility that can trigger increased business risk for the company. In addition, it is also necessary to consider the size of the company when you want to make a policy to determine how much debt or equity is used to finance the company so that maximizing the value of the company can be achieved. 
Peran Aparat Desa Dalam Penyaluran Dana Desa Penanggulangan Stunting Di Desa Sibalaya Barat Kecamatan Tanambulava Kabupaten Sigi Iin Puspita Sari; Moh Ali Murad; Harnida Wahyuni Adda
Student Scientific Creativity Journal Vol. 1 No. 2 (2023): Maret : Student Scientific Creativity Journal
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/sscj-amik.v1i2.1280

Abstract

Stunting merupakan satu masalah kesehatan yang masih dihadapi bangsa indonesia. Stunting dapat berdampak pada kualitas generasi penerus bangsa di masa depan. Anak-anak yang mengalami stunting akan terhambat pertumbuhan otaknya sehingga kurang cakap dalam belajar. Ini akan menurunkan produktivitas dan kualitas hidupnya dimasa depan. Oleh karena itu percepatan penurunan stunting menjadi prioritas nasional Indonesia. Penelitian ini bertujuan untuk mengetahui bagaimana peran aparat desa dalam penyaluran dana stunting serta bagaimana peran aparat desa dalam penagulangan stunting di Desa Sibalaya Barat Kecamatan Tanmbulava Kabupaten Sigi, metode yang digunakan adalah kualitatif sedangkan teknik pengumpulan data melalui wawancara. Hasil penelitian menunjukan bahwa dalam penyaluran dana desa untuk penanggulangan stunting terealisasikan secara keseluruhan, namun dalam pencegahan stunting masih terdapat hambatan, karna kurangnya kesadaran dari masyarakat akan pentingnya hidup sehat dan bersih. Hal hal yang harus di perbaiki agar program kegiatan yang dilakukan bisa lebih efektif menurunkan stunting
Peran Mahasiswa Dan Masyarakat Dalam Mengurangi Resiko Bencana Alam Yang Terjadi Di Desa Sibalaya Barat Hariani Hariani; Rahdyanti Rahdyanti; Moh Ali Murad; Risnawati Risnawati
Jurnal Ekonomi Manajemen Akuntansi Vol. 29 No. 1 (2023): JURNAL EKONOMI MANAJEMEN AKUNTANSI
Publisher : sekolah Tinggi Ilmu Ekonomi Dharma Putra Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1314.253 KB) | DOI: 10.59725/ema.v29i1.68

Abstract

Efforts in disaster risk reduction have not been carried out optimally. In this case, the socialization of disaster risk reduction in Dusun II Kalukau, West Sibalaya Village is one of the efforts to provide direct education informally to the community. This study aims to produce information about public understanding and awareness of disaster risk reduction. This research was conducted with a qualitative approach. Data sources come from observation, discuccion focus groups, and active participation. The results showed that public understanding of disasters was relatively good, the implementation of disaster risk reduction socialization was considered good as an educational effort for disaster mitigation.
Netnographic Insights: Unveiling Green Marketing Strategies for Business Development in Scarlett Cosmetics Milany, Audy Putri; Santi, Ira Nuriya; Rombe, Elimawaty; Murad, Moh. Ali
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 1 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v6i1.6926

Abstract

In today’s world, both national and international companies are increasingly producing environmentally friendly products and services as part of their Corporate Social Responsibility (CSR) efforts, which positively impact the environment and society. Scarlett Cosmetics is one such company. This study aims to explore the green marketing strategies implemented by Scarlett Cosmetics. A virtual ethnographic approach was employed, utilizing online observation techniques with a "lurking" method on relevant platforms. The study found that Scarlett’s green marketing strategy includes: 1) the use of glass bottles to promote eco-friendly products, 2) environmental awareness campaigns through the #SayangiDiriSayangiBumi program, and 3) a commitment to sustainability. The findings suggest that Scarlett’s green marketing strategy not only enhances its brand image but also fosters increased customer satisfaction and loyalty.
Peran UMKM Dalam Meningkatkan Ekonomi Masyarakat Desa Sibalaya Utara Herni Wati; Moh Ali Murad; Harnida Wahyuni Adda
Sasambo: Jurnal Abdimas (Journal of Community Service) Vol. 6 No. 4 (2024): November
Publisher : Lembaga Penelitian dan Pemberdayaan Masyarakat (LITPAM)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36312/sasambo.v6i4.1759

Abstract

Kegiatan ini bertujuan untuk menganalisis peran UMKM dalam meningkatkan kesejahteraan masyarakat Desa Sibalaya Utara, Kecamatan Tanambulava. Metode yang digunakan meliputi observasi, wawancara, dan dokumentasi untuk memahami kondisi lapangan, serta pelaksanaan program berupa workshop yang mencakup teori dan praktik dalam pengelolaan UMKM, pemasaran, dan manajemen keuangan. Mitra utama dalam kegiatan ini adalah pelaku UMKM lokal, termasuk UMKM Tora Tora Sigi yang memproduksi keripik kelapa dengan berbagai varian rasa. Hasil kegiatan menunjukkan bahwa pendampingan mampu meningkatkan keterampilan pelaku UMKM, terutama dalam pemasaran digital dan diversifikasi produk. Pendapatan rata-rata UMKM meningkat dari 58,73% menjadi 73,25% setelah pelaksanaan program. Faktor pendukung pengembangan UMKM mencakup bantuan pemerintah, sumber daya alam yang melimpah, dan partisipasi masyarakat, sementara hambatan utamanya adalah keterbatasan modal, akses pemasaran, dan sarana produksi. Kesimpulannya, UMKM berperan signifikan dalam peningkatan ekonomi masyarakat, namun memerlukan dukungan berkelanjutan. Rekomendasi dari kegiatan ini adalah meningkatkan literasi digital, akses modal, dan kolaborasi dengan pemangku kepentingan untuk memperkuat daya saing UMKM di wilayah tersebut. Enhancing the Role of MSMEs to Support Economic Growth in the Community of Sibalaya Utara Village  This activity aims to analyze the role of MSMEs in improving the welfare of the community in Sibalaya Utara Village, Tanambulava District. The methods employed include observation, interviews, and documentation to understand field conditions, as well as the implementation of workshops that cover theoretical and practical aspects of MSME management, marketing, and financial management. The primary partners in this initiative were local MSME actors, including Tora Tora Sigi MSME, which produces coconut chips in various flavors. The results show that mentoring activities significantly enhanced the skills of MSME actors, particularly in digital marketing and product diversification. The average income of MSMEs increased from 58.73% to 73.25% after the program was implemented. Supporting factors for MSME development included government assistance, abundant natural resources, and community participation, while the main obstacles were limited capital, market access, and production facilities. In conclusion, MSMEs play a vital role in improving the community's economy but require ongoing support. Recommendations from this activity include enhancing digital literacy, improving access to capital, and fostering collaboration with stakeholders to strengthen the competitiveness of MSMEs in the region
Pelatihan Peningkatan Kompetensi SDM dalam Menjalankan Usaha pada UMKM Binaan Inkubator Bisnis Fania Mhayugiastiwi; Yoberth Kornelius; Nilluh Putu Evvy Rossanty; Moh. Ali Murad
Sasambo: Jurnal Abdimas (Journal of Community Service) Vol. 6 No. 3 (2024): Agustus
Publisher : Lembaga Penelitian dan Pemberdayaan Masyarakat (LITPAM)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36312/sasambo.v6i3.2100

Abstract

UMKM memainkan peran krusial dalam perekonomian Indonesia, namun banyak yang menghadapi tantangan dalam pemasaran dan manajemen keuangan. Kegiatan pengabdian ini bertujuan untuk meningkatkan kompetensi SDM UMKM Alnata Taste dan Batik Nation, yang berada di bawah naungan inkubator bisnis, melalui pelatihan berbasis teknologi dan strategi manajerial. Metode yang digunakan mencakup seminar, diskusi, dan bimbingan langsung. Hasil evaluasi menunjukkan peningkatan signifikan dalam pengetahuan bisnis, keahlian teknis, dan kemampuan manajerial, terutama dalam pemasaran digital dan manajemen keuangan. Kesimpulannya, pelatihan ini berhasil meningkatkan kapasitas UMKM untuk bersaing di pasar yang lebih luas, namun perlu penguatan lebih lanjut pada diversifikasi produk dan branding. Disarankan agar program pelatihan berkelanjutan dilaksanakan untuk mendukung pengembangan UMKM secara komprehensif. Training to Improve Human Resource Competencies in Running a Business in Micro, Small, and Medium Enterprises Assisted by Business Incubators UMKM play a crucial role in Indonesia's economy, yet many face challenges in marketing and financial management. This community service activity aimed to enhance the human resource competencies of MSMEs Alnata Taste and Batik Nation, under the guidance of a business incubator, through technology-based training and managerial strategies. The methods included seminars, discussions, and direct mentoring. The evaluation results showed significant improvements in business knowledge, technical skills, and managerial capabilities, particularly in digital marketing and financial management. In conclusion, the training effectively increased the capacity of these UMKM to compete in broader markets; however, further strengthening is needed in product diversification and branding. It is recommended that continuous training programs be implemented to support the comprehensive development of UMKM.
Sosialisasi tentang Urgensi Leadership dalam Pengelolaan Bumdes di Desa Masaingi Kabupaten Donggala Pricylia Chintya Dewi Buntuang; Muhammad Yunus Kasim; Muzakir Muzakir; Juliana Kadang; Moh. Ali Murad; Fahry Budianto; Sri Rahayu Ramadhani; Nurasyimah Usman
Sasambo: Jurnal Abdimas (Journal of Community Service) Vol. 6 No. 4 (2024): November
Publisher : Lembaga Penelitian dan Pemberdayaan Masyarakat (LITPAM)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36312/sasambo.v6i4.2239

Abstract

Kegiatan pengabdian ini bertujuan meningkatkan pemahaman dan keterampilan kepemimpinan dalam pengelolaan Badan Usaha Milik Desa (BUMDes) di Desa Masaingi, Kabupaten Donggala. Mitra utama adalah pemerintah desa, pengurus BUMDes, pelaku usaha, dan akademisi dari Universitas Tadulako. Metode pelaksanaan mencakup pretest, sosialisasi materi, diskusi interaktif, dan post-test. Hasil menunjukkan peningkatan pemahaman signifikan, dengan rata-rata N-Gain 1,0 (kategori tinggi). Sebelum kegiatan, peserta memiliki rata-rata pemahaman 39% (pretest), meningkat menjadi 100% (post-test). Secara kualitatif, peserta menyadari pentingnya kepemimpinan dalam memotivasi tim, mengambil keputusan, dan memanfaatkan potensi desa. Kesimpulan: Sosialisasi efektif dalam meningkatkan kapasitas kepemimpinan peserta. Rekomendasi mencakup pelatihan lanjutan di bidang manajemen keuangan dan pemasaran, serta monitoring rutin untuk memastikan keberlanjutan dampak pengabdian. Leadership Training in Bumdes Management in Masaingi Village, Donggala Regency  This community service activity aimed to enhance understanding and leadership skills in managing Village-Owned Enterprises (BUMDes) in Masaingi Village, Donggala Regency. Key partners included local government officials, BUMDes managers, business practitioners, and academics from Tadulako University. The implementation method comprised a pretest, material socialization, interactive discussions, and a post-test. The results showed a significant improvement in understanding, with an average N-Gain of 1.0 (high category). Before the activity, participants had an average understanding of 39% (pretest), which increased to 100% (post-test). Qualitatively, participants recognized the importance of leadership in motivating teams, making decisions, and leveraging village potential. Conclusion: The socialization effectively improved participants' leadership capacity. Recommendations include further training in financial management and marketing, as well as routine monitoring to ensure the sustainability of the program's impact.  
OPTIMIZING JOB SATISFACTION THROUGH WORK-LIFE BALANCE AND WORKLOAD APPROACHES AMONG EMPLOYEES OF BPJS KESEHATAN PALU BRANCH OFFICE Dedi Defretes Waang; Harnida Wahyuni Adda; Yoberth Kornelius; Moh. Ali Murad
Journal of Economic, Bussines and Accounting (COSTING) Vol. 8 No. 2 (2025): COSTING : Journal of Economic, Bussines and Accounting
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/costing.v8i3.15161

Abstract

This research aims to analyze the influence of work-life balance and workload on employee job satisfaction. The study was conducted at BPJS Kesehatan Palu Branch, utilizing a quantitative approach. Data was collected from 30 employees through observations and questionnaires. The sampling method employed was non-probability sampling with a saturated sampling approach. The data was then analyzed using SPSS version 30.0.The results indicate that, based on multiple linear regression analysis, there is a negative influence of respondents' perceptions regarding work-life balance on job satisfaction, while workload has a positive and significant effect on job satisfaction. Hypothesis testing, conducted both simultaneously and individually using F-tests and t-tests, showed that work-life balance (X1) and workload (X2) significantly affect job satisfaction (Y), with p-values of (0.001 and < 0.001) < 0.05, indicating a significant collective influence.
Analisis Bauran Pemasaran Terhadap Tahu Adibah Di Desa Sibalaya Barat Nanda Alief Yudha Gunawan; Muh. Ali Murad; Risnawati Risnawati
Jurnal CUAN Universitas Nusa Nipa Maumere Vol 1 No 1 (2023): Maret: Jurnal Kewirausahaan dan Manajemen Bisnis CUAN
Publisher : Program Studi Kewirausahaan Universitas Nusa Nipa Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59603/cuan.v1i1.19

Abstract

Analysis of the marketing mix and the development strategy of the tofu agro-industry in Sibalaya Barat village. The research method used is a survey. The research respondents consisted of owners, employees, consumers, and the West Sibalaya village industrial office. The results showed that the marketing mix applied by the tofu industry at household, medium, and large scale for product mix, price, place, and promotion was different. The internal environment of the tofu industry consists of products, management, funding, human resources, business location, and marketing, while the external environment consists of economic, social and cultural, technology, competitors, government policies and consumers. The strategy for the development of the tofu agro-industry for medium and large households is the development of tofu production on a large scale because it is of interest to some people.
Peran Kader Posyandu Dalam Mendukung Penanganan Angka Stunting Di Desa Sibalaya Barat Fardi Fardi; Muh. Ali Murad; Harnida Wahyuni Adda
Manajemen Kreatif Jurnal Vol. 1 No. 2 (2023): Mei: Manajemen Kreatif Jurnal
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/makreju.v1i2.1356

Abstract

The role of Posyandu cadres in supporting the handling of stunting rates is really needed, not only when Posyandu cadres should also make visits to toddlers' homes by providing health education. Mothers also have to realize that Posyandu is also important in the growth and development of toddlers. This research examines the role of posyandu cadres in supporting the handling of stunting rates. Based on the results of the implementation of this community service program, it was found that the role of posyandu cadres was appreciated by the community, namely such as informing the implementation of the posyandu regularly but the cadres never provided general counseling about the importance of posyandu activities. Therefore, in order to achieve posyandu implementation, cadres should carry out all their duties properly, especially cadres must also frequently provide health education to the community, especially mothers and toddlers.