Adhikara, Muhammad Fachruddin Arrozi
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Evaluating Financial Health in Indonesia's Infrastructure Sector: The Impact of Capital Structure, Liquidity, and Firm Size Simanungkalit, Royhisar Martahan; Anugrah, Faisal; Jumono, Sapto; Adhikara, Muhammad Fachruddin Arrozi; Munandar, Agus; Suharna, Jaka
Golden Ratio of Finance Management Vol. 5 No. 2 (2025): April - September
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grfm.v5i2.1059

Abstract

This study analyzes the effect of capital structure, liquidity, and company size on financial performance. In this study, there are three independent variables, namely capital structure as measured by DER, liquidity as measured by Current Ratio, and company size as measured by total assets, and one dependent variable, namely financial performance as measured by ROA. The object of this research is infrastructure sector companies listed on the Indonesia Stock Exchange from 2021 to 2023 using secondary data, namely the companies' financial statements. The sampling technique in this study used a purposive sampling technique, with the number of samples obtained being 32 companies for 3 years, making a total of 96 sample data points. This study uses multiple linear regression analysis methods by conducting hypothesis testing to see its effect on financial performance. The results showed that the capital structure and liquidity variables negatively affected financial performance, while the company size variable did not affect the company's financial performance. This research can also be a consideration for companies to optimize capital structure management and increase company liquidity. The combination of debt and equity will be able to maximize profitability. Decisions regarding the use of debt must consider the risks that may arise as well as the potential return on investment. Thus, the company can improve its financial performance and provide positive signals to investors.
IPTEKS PELATIHAN STRUCTURAL EQUATION MODELING PADA MAHASISWA MAGISTER PERGURUAN TINGGI SWASTA DI JAKARTA BARAT Adhikara, Muhammad Fachruddin Arrozi; Lucius, Christophera R; Handayani, Sri; Sugiyanto, Sugiyanto; Endah, Nur Jannah
Jurnal Pengabdian Masyarakat AbdiMas Vol 12, No 2 (2025): Jurnal Pengabdian Masyarakat Abdimas
Publisher : Universitas Esa Unggul

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47007/abd.v12i2.10377

Abstract

Abstract This report identifies competency gaps for postgraduate students in social sciences, education, and management in applying Structural Equation Modeling (SEM) with AMOS software, which stems from weak statistical foundations—including understanding confirmatory factor analysis (CFA), pathway analysis, and goodness-of-fit index interpretation—as well as limited access to formal training and academic mentoring. This condition has implications for the inability to overcome technical problems such as multicollinearity, model imitation without conceptual understanding, and delay in completing studies. As a solution, training based on an integrative approach was implemented through lecture-based learning, hands-on workshops, and project clinics for three days which were designed applicatively using scaffolded learning and problem-based learning methods. The evaluation of the program showed significant success with a 35% increase in participants' understanding based on a comparison of pre-test and post-test, as well as 85% active participation, despite the technical constraints of AMOS licensing. The sustainability of the program is ensured through online discussion forums and monthly follow-up sessions. Development recommendations include training level stratification and implementation of blended learning, provision of pre-training modules, and institutional collaboration for licensing access, which collectively expect to improve participants' academic quality and career prospects on an ongoing basis. Keywords: training, problem based learning, think-aloud protocol AbstrakLaporan ini mengidentifikasi kesenjangan kompetensi mahasiswa pascasarjana ilmu sosial, pendidikan, dan manajemen dalam mengaplikasikan Structural Equation Modeling (SEM) dengan software AMOS, yang bersumber dari lemahnya fondasi statistik—meliputi pemahaman confirmatory factor analysis (CFA), analisis jalur, dan interpretasi indeks goodness-of-fit—serta terbatasnya akses pelatihan formal dan pendampingan akademik. Kondisi ini berimplikasi pada ketidakmampuan mengatasi masalah teknis seperti multikolinearitas, peniruan model tanpa pemahaman konseptual, serta keterlambatan penyelesaian studi. Sebagai solusi, diimplementasikan pelatihan berbasis pendekatan integratif melalui lecture-based learning, hands-on workshop, dan project clinic selama tiga hari yang dirancang secara aplikatif dengan metode scaffolded learning dan problem-based learning. Evaluasi program menunjukkan keberhasilan signifikan dengan peningkatan pemahaman peserta sebesar 35% berdasarkan perbandingan pre-test dan post-test, serta partisipasi aktif 85%, meskipun menghadapi kendala teknis lisensi AMOS. Keberlanjutan program dijamin melalui forum diskusi online dan sesi follow-up bulanan. Rekomendasi pengembangan mencakup stratifikasi level pelatihan, implementasi blended learning, penyediaan modul pra-pelatihan, dan kolaborasi institusional untuk akses lisensi, yang secara kolektif diharapkan dapat meningkatkan kualitas akademik dan prospek karir peserta secara berkelanjutan. Kata Kunci: pelatihan,  problem based learning, think-aloud protocol
Does the Medical Staff Performance are Determined by Altruism Behavior, Intellectual Capital, and Work Motivation? : Apakah Kinerja Tenaga Medis Ditentukan oleh Altruism Behavior, Intellectual Capital, dan Motivasi Kerja? Santowijaya, Alfadli; Adhikara, Muhammad Fachruddin Arrozi; Pamungkas, Rian Adi
Media Publikasi Promosi Kesehatan Indonesia (MPPKI) Vol. 6 No. 11 (2023): November 2023
Publisher : Fakultas Kesehatan Masyarakat, Universitas Muhammadiyah Palu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56338/mppki.v6i11.3751

Abstract

Introduction: Performance is determined by intellectual capital, behavioral altruism, and motivations that is directed toward a determined behavior. In practice, it is difficult to describe the action aspect of performance without referring to the outcome aspect. While performance is important as one of the indicators for hospitals for organizational continuity in providing complete services. Objective: This study aims to be able to evaluate the factors that determine the employees’ performance to be able to meet the organizational goals. More specifically, to find out how Altruism and Intellectual Capital affect performance mediated by work motivation. Methods: This study was conducted using primary data, namely by distributing questionnaires to respondents. SPSS and AMOS are used as statistical tools in processing the research data. Results: The results of the study found that the behavior of altruism, Intellectual capital, and work motivation simultaneously affects healthcare performance; altruism behavior affects motivation and performance; intellectual capital has a significant positive effect on motivation and performance; performance is determined by motivation positively but insignificantly; And motivation does not have a mediator role for the influence of altruism and intellectual capital behavior on performance. Conclusion: The Managerial Implications that can be applied by the management of Karya Medika 1 Hospital are by strengthening factors that can increase the employees' performance