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The Effect of Ownership Structure and Leverage Towards Dividend Policy and Corporate Values
Endang, MG Wi;
Suhadak, Suhadak;
Saifi, Mohammad;
Firdausi, Nila
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.1
Every company (particularly the company's shareholders) always expects to have high company value. Various mechanisms are used by company managers to create corporate value. The mechanism can be through the structure of ownership, leverage, and dividend policy. Previous studies that have discussed the effect of ownership structure and leverage variables on dividend policy and corporate value provide different research results. This study aims to obtain empirical evidence of the effect of ownership structure and leverage on dividend policy and firm value, on manufacturing companies listed on the Indonesia Stock Exchange in the 2012-2016 period. The population of this study is all manufacturing companies listed on the Indonesia Stock Exchange that provide periodic financial statements from 2012 to 2016 (145 companies). The population that met the criteria to sampled was 28 companies. The research method used in this research is Warp-PLS. The results showed as follows: (1) The effect of ownership structure on dividend policy was negative and not significant; (2) The effect of ownership structure on firm value was negative and significant; (3) The leverage on dividend policy was negative and significant; (4) The leverage on the company value was negative and weak significant correlation; (5) The effect of the dividend policy on corporate value was negative and weak significant correlation.
Policy Implementation Analysis: Exploration of George Edward III, Marilee S Grindle, and Mazmanian and Sabatier Theories in the Policy Analysis Triangle Framework
Mubarok, Syahrul;
Zauhar, Soesilo;
Setyowati, Endah;
Suryadi, Suryadi
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.7
Policy implementation is an equally important process of policy formulation in the context of achieving policy objectives. Although a policy has been well and neatly arranged, the purpose of the policy will never be achieved if the policy is not implemented properly. Policy research is a study of policies intended for the general interests of policies or implemented policies. There are several policy model implementation theories. Some of them are Edward's model, Grindle's model, Mazmanian and Sabatier's model. These policy implementation model has several advantages and disadvantages in its implementation. Using policy analysis triangle framework, these three implementation models can be made as an optimized policy implementation analysis method which has the advantages of the three models and meets the comprehensive and integrative aspects of an organization. The result presented in this study is a design of the policy implementation analysis method based on George Edward III, Marilee S Grindle, and Mazmanian & Sabatier policy implementation model.
Factors That Affect User Satisfaction Of Electronic Learning Management Systems (ELMSs)
Riyadi, Riyadi;
Nimran, Umar;
Sukoharsono, Eko Ganis;
Musadieq, Muhammad Al
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.3
This research intends to explore a variety of factors that may affect the satisfaction use of ELMSs. Therefore, various factors have been tested empirically by using another model approach integrated into a single model. Other variables that are still reliable for further research without changing the construct of the indicators are subjective norms, usability, perceived innovation and satisfaction. Some relationships between variables that have significant influence include usability on perceived innovation, perceived innovation on satisfaction. One relationships between variables that have a small influence subjective norms on perceived innovation.
Local Autonomy: State-Centered Government Wrapped in Citizen-Centered Governance in the Tourism Development
Wijayanto, Purbayakti Kusuma;
Zauhar, Soesilo;
Hakim, Luqman;
Said, Abdullah
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.8
This city is called Batu Tourism City. Nine great modern-made tourism objects exist in this city. Four million tourist visits occur in this city. All built only since 16 years of local autonomy that they get. But many people said, "That is not ours." "We can't do anything.†“Miserable." Some authoritative actions of the local government appear to be different from the established policies. There was a conflict from communitiy elements. How exactly is the management of tourism development carried out? The results found four patterns in the management of tourism development. Tourism policy preferences regulated through participatory planning, tourism development is set to improve people's welfare, tourism development is facilitated by the Mayor and the City Government of Batu, and tourism development tends to be carried out by private capitalists through the entrance of tourism business investment. State-Centered Government Wrapped in Citizen-Centered Governance. Local autonomy that occurs is a type of autonomy in which the local government relies on its strong power to translate preferences into public policy under conditions of divergence. A type of autonomy in which public officials use the autonomy authority and the opportunities to free themselves from obstacles from social actors who have different preferences.
The Effect of Company Characteristics and Cooperate Social Responsibility on Company Financial Performance
ZA, Zahroh;
Suhadak, Suhadak;
Saifi, Muhammad;
Firdausi, Nila
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.4
Increased intense global competition has made CSR as a topic that must be considered by business people, especially for companies that carry out activities related to natural resources. The rationality for this statement is that CSR has become one of the company's responsibilities to stakeholders, and company characteristics are an inherent risk inherent in the company. All of this is related to the company's financial performance. Various previous studies have been conducted to discuss the effect of company characteristics and CSR on company financial performance, but give different results. The purpose of this study was to obtain empirical evidence of the influence of company characteristics and CSR on the financial performance of companies listed on the Indonesia Stock Exchange (BEI) in 2012-2016. The study population was natural resource companies listed on the BEI 2012-2016 of 43 companies, with through specific criteria obtained a sample of 32 companies. The results showed that company characteristics significantly influence the company's financial performance as well as CSR significantly influence the company's financial performance.
Public Policy Instruments Selected in Policy Implementation Prostitution Prevention and Revocation in Surabaya City
Ati, Nurul Umi;
Zauhar, Soesilo;
Sarwono, Sarwono;
Indah Mindarti, Lely
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.5
This study aims to analyze public policy instruments chosen in the implementation of prostitution prevention and repetition policies in the city of Surabaya. This type of research is a qualitative descriptive study with a focus of research analyzing Voluntary Model Instruments, Mixed Model Instruments and Mandatory Instruments (Regulations). Novelty (novelty) of this research is to see the reality of the problem of prostitution by looking at the public policy instruments chosen in the implementation of prostitution prevention and repetition policies. The results showed that from the voluntary model instrument, commercial sex workers (CSWs) had been given skills training as well as spiritual spray/ recitation on a regular basis to then be repatriated to their home areas with compensation. However, not all sex workers want compensation. Residents of Dolly and Jarak held a bulletin board after hundreds of residents burned tires in the middle of the road as a refusal.
The Effect of Job Characteristic, Person-Job Fit, Organizational Commitment on Employee Performance (Study of East Java BPJS Employees)
Nurtjahjono, Gunawan Eko;
Nimran, Umar;
Musadieq, Muh. Al;
Utami, Hamidah Nayati
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.2
Employee performance is the key to the success of an organization. The top priority of organizational leaders is how to create employees as prime human resources, have good behavior in the workplace and perform well based on needs in the workplace and have an understanding of the values that exist and are applied in the organization. The purpose of this study is to analyze and determine the effect of job characteristics, person-job fit, organizational commitment to employee performance. The population in this study were employees in East Java Province BPJS Employment with a total of 238 as a research sample. The research method uses survey research by distributing questionnaires to respondents. While the analysis of research data using Warp-PLS. The results showed that (1). The effect of job characteristics on person-job fit is positive and significant, (2). The effect of job characteristics on organizational commitment is positive and significant (3). The effect of job characteristics on employee performance is positive and significant (4). The influence of person-job fit on employee performance is positive and significant (5). The effect of organizational commitment on employee performance is positive and significant.Â
Impact of Decentralization in East Kalimantan Province on Mineral and Coal Mining Policy
Risal, Semuel;
Zauhar, Soesilo;
Sarwono, Sarwono;
Hermawan, Hermawan
JPAS (Journal of Public Administration Studies) Vol 5, No 1 (2020)
Publisher : FIA UB
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DOI: 10.21776/ub.jpas.2020.005.01.6
This study analyzes the relationship between the decentralization policy in East Kalimantan Province and coal mining, using a literature study. The finding shows evidence that there is a mixed impact between the decentralization and mineral and mining sectors. The decentralization policy has provided opportunities for local governments to manage and utilize their natural resources independently. Decentralization in the mining sector brings positive impacts on economic security, as indicated by an increase in the East Kalimantan provinces human development index as of 2016 reaching 74.59. Decentralization would therefore be good for economic growth and poor for basic services such as education and health and the occurrence of landscape changes that lead to environmental damage.