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Tinjauan Literatur Sistematis: Masalah dan Strategi Solusi pada Live Streaming Shopping Izzul, Muhammad; Prasetya, Heri; Subrata, Rizal
Primary Journal of Multidisciplinary Research Vol. 1 No. 1 (2025): Primary Journal of Multidisciplinary Research, February 2025
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/pjmr.v1i1.97

Abstract

This study aims to analyze the relationship between tax avoidance, leverage, and firm value, with transparency as a moderating variable. Tax avoidance and leverage are often employed as corporate strategies to enhance firm value, yet these strategies may also pose risks that affect stakeholder trust. In this context, transparency is considered a crucial element that can moderate these relationships, given the high market demand for accountable and transparent management practices. The study adopts a quantitative approach using secondary data obtained from the financial statements of companies listed on the Indonesia Stock Exchange (IDX) over a certain period. Data analysis was conducted using moderation regression methods to examine the interaction between tax avoidance, leverage, and transparency on firm value. The findings reveal that tax avoidance and leverage have significant effects on firm value, either positively or negatively, depending on the context. Furthermore, transparency is proven to moderate this relationship by strengthening positive effects and mitigating negative effects. These findings highlight the importance of transparency as a key factor in creating sustainable firm value. This research contributes to the corporate finance literature and serves as a reference for managers and policymakers in managing corporate strategies that focus on value enhancement while adhering to sound governance principles.
PENDEKATAN EUROPEAN FOUNDATION FOR QUALITY MANAGEMENT (EFQM) UNTUK EVALUASI DALAM PENINGKATAN KINERJA ORGANISASI SECARA BERKELANJUTAN Tamara Rahma Widowati; Aufa, Muhammad Izzul; Izzul, Muhammad; Nurdiansyah, Rudi
Inaque : Journal of Industrial and Quality Engineering Vol 13 No 2 (2025): Inaque Oktober 2025
Publisher : Teknik Industri Unikom

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34010/iqe.v13i2.17894

Abstract

Increasing competition drives companies to adopt performance measurement tools that ensure continuous improvement. This study assesses and improves the performance of PT. XYZ, a developing plywood manufacturer, using the European Foundation for Quality Management (EFQM) model. An explanatory quantitative approach was applied with data from 110 employees through validated and reliable questionnaires. The company scored 698 out of 1000, indicating high performance. Strengths were found in Purpose, Vision, and Strategy, while weaknesses appeared in Organizational Culture and Leadership, Driving Performance and Transformation, and Creating Sustainable Value. Significant correlations were identified between the Direction and Execution dimensions and Stakeholder Perception. Recommendations include strengthening organizational culture, enhancing human resource development, and regularly evaluating stakeholder perceptions. The EFQM model proves effective as a framework for guiding sustainable performance improvement.