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Journal : Enrichment : Journal of Management

The efficiency asset utilization financial performance and capital structure on manufacturing firm value on the Indonesia stock exchange (IDX) Eka Kurniasari; Akhmadi Akhmadi; Wawan Ichwanudin
Enrichment : Journal of Management Vol. 13 No. 2 (2023): June: Management Science And Field
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/enrichment.v13i2.1394

Abstract

This research was conducted to determine the effect of asset utilization efficiency, financial performance and capital structure on firm value. Specifically to test whether financial performance is able to mediate asset utilization on firm value and test whether capital structure contributes to the relationship between asset utilization - firm value. We conducted research on manufacturing companies listed on the IDX that are listed on the Indonesia Stock Exchange (IDX) in 2019 – 2021. Secondary data obtained from www.idx.co.id. The results of the study show that the efficiency of asset utilization has a significant effect on firm value, financial performance is able to mediate the relationship between asset utilization and firm value. In addition, the relationship between asset utilization and firm value becomes stronger with capital structure. The implication of our research is that good asset utilization efficiency can increase company profits so that it can increase company value, and the company's capital structure can strengthen the effect of asset utilization on company value. The benefit of this research for companies are expected to provide understanding to company management about the role of company growth, asset utilization, capital structure in determining company financial performance and company value.
Leverage and liquidity to firm value moderated by firm size: a signaling theory approach Kartika Sari; Akhmadi Akhmadi; Wawan Ichwanuddin
Enrichment : Journal of Management Vol. 13 No. 3 (2023): August: Management Science And Field
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/enrichment.v13i3.1579

Abstract

This study used the Signaling Theory approach to determine the effect of leverage and liquidity on firm value and used firm size as a moderating variable. The research sample used is food and beverage sector companies listed on the Indonesia Stock Exchange during 2016-2021. Data processing was carried out with the STATA version 17 statistical application. The leverage variable is used to see the proportion of debt used by the company in its financing and the results show that leverage is proven to increase firm value significantly. Liquidity is used to see the company's ability to pay its debt obligations and the results show that liquidity is proven to significantly increase firm value. These findings strengthen the theory that leverage and liquidity have a positive effect on firm value. Firm size is used as a variable that is considered to strengthen the relationship between leverage and liquidity. However, the results show that firm size is not proven to strengthen the relationship between leverage and liquidity on firm value.
Budget implementation performance indicators and the government's internal control system on performance accountability of government agencies Adikusumah, Kreshna; Akhmadi, Akhmadi; Ichwanudin, Wawan
Enrichment : Journal of Management Vol. 13 No. 5 (2023): December
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/enrichment.v13i5.1816

Abstract

This research uses a value for money concept approach to determine the influence of Budget Implementation Performance Indicators and the Government's Internal Control System on Performance Accountability of Government Agencies. The sample used was a Work Unit within the scope of the National Population and Family Planning Agency during the 2019-2022 fiscal year period. Data processing was carried out using the STATA Version 14.2 application. The results of the research show that statistically it is not proven that the Budget Implementation Performance Indicators have an effect on the Performance Accountability of Government Agencies, the Government Internal Control System is proven to have an effect on the Performance Accountability of Government Agencies, the Budget Implementation Performance Indicators and the Government Internal Control System are simultaneously proven to have an effect on the Performance Accountability of Government Agencies . These findings reinforce that if improvements in Budget Implementation Performance Indicators and the Government's Internal Control System are carried out simultaneously, it will improve the quality of budgeting which is economical, effective, efficient and will increase the Performance Accountability of Government Agencies in line with the concept of value for money
Co-Authors A'inatunnadillah, Ningtias Abdul Rosyid Adam, Chaidir ade jermawinsyah zebua Adhikara, Imam Manggalya Adikusumah, Kreshna Adyarini, Dwita Dyah Agustin, Amalina Batrisyia Agustinus Nur Arief Hapsoro ahmad rizal Ainatunnadillah, Ningtias Al Fauzi Hakim Albetris, Albetris Alexandra, Nabila Alya Aliyah, Ratu Bunga Ameliani, Findia Amir Hasanudin Fauzi Ana Susi Mulyani Ana Susi Mulyani Andarista, Shika Savira Andarwati, Fitriana Andhika Ragil Prasetyo Andiani, Filsa Andreas Rio Adriyanto Anggraeni, Vita Yanti Annisa Rachmawati Apriana, Ifan Araina, Elga Ariandini Ariadini Armandiansa, Armandiansa Armi, Armi Arnanti Primiana Yuniati Arundati, Athayasany Thalita Ashifa, Nyayu Azalia Syahla Athifa Sri Ismiranti Ayyu Sandhi Azizi, Enji Azwar Anas Bagus Firmansyah, Bagus Bakti Nugraha, Alfian Bambang Mahmudi Basuki, Bejo Cahyani, Redyta Dwi Catur Nugroho Clara Novita Anggraini Dewantari, Devia Ayu Dewantari, Tika Nabila Dewi, Elawati Djoko Murdowo Doddy Friestya Asharsinyo Dony Dony Dyah Ayu Wiwid Sintowoko Eka Kurniasari Eka Purwanda Eka Purwanda, Eka Eli Amaliyah Ema Madyaningrum Eni Purwaningsih Enis Khaerunisa Enis Khaerunnisa Ennike Gusti Rahmi Erlana Adli Wismoyo Ernis Chaerunisa Euis Nurus Sofia Fachry Abda El Rahman Fahrina, Ririn Fajarsani Retno Palupi Farid, Dzaki Miftah Farida, Ariesa Fariq, Masrur Fikri Budiman Fitri Handayani Fitri Haryanti fitria ningsih Fitriani, Kiki Liya Fuad, Fadlan Ahmad Gilang Assa Ichwanto Haidar, Muhammad Sayyaf Hambali Wiman, Reza Hana Faza Surya Rusyda Handayaningsih, Anastasia Evi Hanif Azhar Hardianto Nugroho Hardiyanto, Raditya Hanan Naufal Hartanti, Rio Eka Desi Purwandari Hasanah, Nisa Nur Helmi Yazid Hendi Anwar Herniati , Melly Hidayat, Raisya Rahmaniar Hidayat, Robbi Hikmat, Imat Ida Asiah Nurfitriyani Indra Suhendra Inggit Inggit Irwan Sudarisman Irwana Zulfia Budiono Jayawarsa, A.A. Ketut Jermawinsyah Zebua, Ade Juliansyah, Dekrit Kamila, Salma Hasna Kartika Sari Khaerunnisa, Enis Kusuma Putri, Rahmadyah Kusumawati, Ananda Sekar Kuswantoro, Muhammad Lely Lusmilasari, Lely Lismawan, Saraswati Liswara Neneng Mahendra Nur Hadiansyah Mahmudi, Bambang Manayra, Shaffa Alithia Martiyadi Nurhidayat Mei Neni Sitaresmi Meirizka, Fathina miftahussurur, wildan Mina Wati Dewi Mochamad Yudha Febrianta Moh Muksin Monica, Viva Mufti, Nada Setia Mulyani, Ana Susi Muntaqiah, Kiki Musyafa, Faiz Indra Mutmainah Mutmainah Nabila Tsabita Mustarih Najin, Rifqi Muhammad Nanda, Rexha Septine Faril Nauval Noviansyah Nur Sheha Gunawan, Ahmad Nur Sul Yasmi, Eka Nurohman Nurohman Nurohman, Nurohman Nursakti Nursakti Nurul Fitriana Bahri Pancalaksana, Raden Djati Pandu Prihanantyo, Andika Panny, Priscilla Parmawati, Ika Pradipta, Afradilla Hanum Prahyawan, Wawan Prakoso, Riski Wisnu Pratama, Hafidh Ahmad Rizqi Pratiwi, Alissa Nur Pratiwi, Bhekti Prawita, Fat’hah Noor Purwanda, Eka Purwanta Purwanta Putra, Yasjudan Rastrama Putra, Yogi Prigima Putri, Amelya Rahmadani Putri, Anisa Silviana Putri, Meylinda Putri, Nadhilah Rahman, Rahma Azzalia Rahmawati, Rahmawati Rahmawaty, Rosa Ramadani, Adistia Ramadhani, Ridho Ramadhanu, Bardan Randy Joy Vantayen Rasmita, Rasmita Ratu Wardatuddihan Reza Hambali Wilman Abdulhadi Rifa’i, Rifa’i Rifqi Ali Musyaffa Rina F Risnawati, Hani Robiyanto Robiyanto Robiyanto, Robiyanto Rosiana Rosiana Safitri Safitri Sanusi, Fauji Shinta Zahra Chaerunisa Siregar, Fernando Septony Siti Epa Hardiyanti Siti Epa Hardiyanti Siti Maimunah Sofia, Euis Nurus Soraya, Rena Sri Hartini Subowo Subowo Sujalmo, Puwardi Sulistyowati, Nofi Sumantri Sumantri Sunartini Sunartini, Sunartini Supriadi Supriadi Suryani, Emma suudin aziz Syamsiar, Syamsiar Syarief, Mikayla Prinsara Taufandas, Maruli Terinza Thahadian, Harik Firman Titin Purnaningsih Tri Hijrah Saputro Tri Kurniasih, Amara Uki Noviana Ully Irma Maulina Hanafiah Uyun Uyun Vika Haristianti Wardani, Aristi Wawan Ichwanuddin Wawan Ichwanudin Wawan Ichwanudin Wawan Ichwanudin Wawan Ichwanudin Widigdya, Singgih Widyaningsih, Andhika Widyawati Widyawati Widyawati, Silvia Wigati, Ayu Ramadianti Retno Wijaya, Nuriman Yulisa Rifda Salsabila