cover
Contact Name
Ilmi Usrotin Choiriyah
Contact Email
jurnal@umsida.ac.id
Phone
+6285646424525
Journal Mail Official
jurnal@umsida.ac.id
Editorial Address
Jl. Mojopahit No. 666B, Sidoarjo, Jawa Timur
Location
Kab. sidoarjo,
Jawa timur
INDONESIA
Indonesian Journal of Public Policy Review
ISSN : -     EISSN : 25989901     DOI : https://doi.org/10.21070/ijppr.v17i0
Core Subject : Social,
Indonesian Journal of Public Policy Review (IJPPR) is a peer-reviewed journal published by Universitas Muhammadiyah Sidoarjo four times a year. This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. This journal aims is to provide a place for academics and practitioners to publish original research and review articles. The articles basically contains any topics concerning public policy on all aspects. IJPPR is available in online version. Language used in this journal is Indonesia or English.
Articles 10 Documents
Search results for , issue "Vol. 25 No. 2 (2024): April" : 10 Documents clear
Impact of Investment, Funding, and Dividend Policies on Food & Beverage Firms' Valuation: IDX 2018-2021: Dampak Kebijakan Investasi, Pendanaan, dan Dividen terhadap Penilaian Perusahaan Makanan & Minuman: BEI 2018-2021 Mahmudah, Siti Miftakhurrohmah; Setiyono, Wisnu Panggah
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1368

Abstract

This study examines the impact of investment decisions, funding choices, and dividend policies on firm value in the Food and Beverage sector. Analyzing data from 14 IDX-listed companies over 2018-2021, findings indicate significant positive effects of investment and funding decisions on firm value, while dividend policy's influence is negative and insignificant. Together, these factors explain 75.3% of firm value variation, highlighting the pivotal role of strategic financial decisions in shaping company worth and suggesting managerial implications. Highlight : Strategic Financial Decisions: Investment and funding choices significantly impact firm value. Dividend Policy: Despite being insignificant, dividend policy's effect on firm value is negative. Sector-specific Analysis: Findings offer insights into financial dynamics within the Food and Beverage industry. Keywords: Investment, Funding, Dividend Policy, Firm Value, Food & Beverage
Accounts Payable, Intellectual Capital, and Corporate Value: Case Study of Food and Beverage Sector on IDX 2016-2020: Hutang Usaha, Modal Intelektual, dan Nilai Perusahaan: Studi Kasus Sektor Makanan dan Minuman di BEI 2016-2020 Wilujeng, Sri; Widodo, Heri
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1369

Abstract

This quantitative study investigates the influence of account payable policy and intellectual capital on the value of companies within the food and beverages sub-sector listed on the Indonesia Stock Exchange. Purposive sampling was employed to select a sample of eight manufacturing companies for the period 2016-2020. Data were collected using documentation techniques and analyzed using SPSS. Results indicate that while the account payable policy significantly affects firm value, intellectual capital does not exhibit a significant impact. These findings shed light on the strategic importance of managing account payables for enhancing firm value in the food and beverages industry. Highlights : The study investigates the influence of account payable policy and intellectual capital on firm value in the food and beverages sector. Purposive sampling was used to select a sample of eight manufacturing companies listed on the Indonesia Stock Exchange. Findings reveal that while account payable policy significantly affects firm value, intellectual capital does not demonstrate a significant impact. Keywords: Account Payable Policy, Intellectual Capital, Firm Value, Food and Beverages, Indonesia Stock Exchange
Dividend Policy's Role in Company Value: IDX Pharmaceutical Manufacturing (2013-2021): Peran Kebijakan Dividen dalam Nilai Perusahaan: Studi pada Perusahaan Manufaktur Subsektor Farmasi yang Terdaftar di BEI (2013-2021) Sari, Roro Yona Novita; Hanun, Nur Ravita
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1370

Abstract

This study investigates the interplay between dividend policy, profitability, firm size, and firm value in the context of pharmaceutical manufacturing firms listed on the Indonesia Stock Exchange. Employing a purposive sampling technique, 54 companies were selected, and Smart Partial Least Square 3.0 program was utilized for statistical analysis. The findings reveal that while profitability exerts no significant influence on firm value, firm size positively impacts it. However, dividend policy does not moderate the relationship between profitability, firm size, and firm value. These results prompt further exploration into the nuanced dynamics of dividend policy and its implications for firm valuation strategies. Highlights : Profitability does not significantly affect firm value. Firm size positively influences firm value. Dividend policy does not moderate the relationship between profitability, firm size, and firm value. Keywords: Dividend policy, Profitability, Firm size, Firm value, Pharmaceutical manufacturing.
Financial Performance, Dividend Policy, and Firm Value in Indonesian Consumer Goods Sector: 2019-2021 Study: Kinerja Keuangan, Kebijakan Dividen, dan Nilai Perusahaan pada Sektor Barang Konsumsi di Indonesia: Analisis 2019-2021 Nurfitriana, Yunnisa; Widodo, Heri
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1371

Abstract

This study investigates the nexus between return on assets (ROA), return on equity (ROE), dividend payout ratio (DPR), and firm value, represented by stock prices, within the consumer goods industry sector on the Indonesia Stock Exchange from 2019 to 2021. Utilizing a sample of 26 companies, employing Partial Least Square (PLS) analysis, the research reveals that neither ROA nor ROE significantly influences stock prices, and ROE exhibits no impact on DPR. Moreover, DPR fails to influence stock prices, and it cannot serve as an intervening variable between ROA or ROE and stock prices. These findings suggest a decoupling between financial performance metrics and market valuation within the consumer goods sector, urging a reconsideration of conventional wisdom regarding the determinants of stock prices in this industry Highlights : Limited Influence of ROA and ROE: The study reveals that return on assets (ROA) and return on equity (ROE) do not significantly impact stock prices in the consumer goods sector. Mediation Role of DPR: Dividend payout ratio (DPR) fails to mediate the relationship between ROA or ROE and stock prices, indicating its limited influence on market valuation within the sector. Implications for Market Valuation: The findings challenge traditional assumptions about the determinants of stock prices in the consumer goods industry, prompting a reevaluation of financial performance metrics' relevance in market valuation. Keywords: Consumer Goods Sector, Stock Prices, ROA, ROE, DPR
Influence of Village Funds and Policies on Community Welfare: A Brief Overview: Pengaruh Dana Desa dan Kebijakan Terhadap Kesejahteraan Masyarakat: Tinjauan Singkat Fadilah, Elmi Nur; Biduri, Sarwendah
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1372

Abstract

This research investigates the influence of village funds, allocation strategies, policies, and institutional frameworks on community welfare and accountability in village fund management. Utilizing a quantitative approach, a sample of 54 respondents from villages surrounding the Pandaan sub-district was selected using purposive sampling techniques. Data was collected through Google Forms and analyzed using the SmartPLS program, employing both inner and outer model analyses. The findings indicate significant positive effects of village fund variables, allocation strategies, and policies on community welfare. However, village institutional variables were found to have no significant impact on community welfare. These results underscore the importance of effective management strategies and policies in ensuring the welfare of communities in rural settings, thereby informing policymakers and stakeholders involved in local governance and development. Highlights : The study examines the influence of village fund management on community welfare in rural settings. Findings highlight the significance of allocation strategies and policies in enhancing community welfare. Implications underscore the importance of effective management practices for rural development and governance. Keywords: Village funds, Community welfare, Accountability, Rural development, Quantitative study
Firm Value Determinants in Chemical Sub-sector: Moderation by Firm Size (2017-2021): Faktor-faktor Penentu Nilai Perusahaan pada Sub-sektor Kimia: Moderasi oleh Ukuran Perusahaan (2017-2021) Safitri, Anik; Ernandi, Herman
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1373

Abstract

This quantitative study investigates the influence of tax planning, profitability, liquidity, and dividend policy on firm value in the chemical sub-sector manufacturing companies listed on the IDX during 2017-2021. Employing Partial Least Square (PLS) analysis on a sample of 50 companies selected through purposive sampling, we found that tax planning and profitability significantly impact firm value, while liquidity and dividend policy exhibit no such effect. Additionally, firm size moderates the relationship between tax planning and dividend policy with firm value but does not moderate the relationship between liquidity and profitability with firm value. These findings provide insights for policymakers and practitioners regarding the significance of tax planning strategies and the interplay between firm size and key determinants of firm value within the chemical manufacturing sector Highlights : Tax planning and profitability significantly influence firm value in the chemical manufacturing sector. Firm size moderates the relationship between tax planning and dividend policy with firm value. Liquidity and dividend policy show no significant effect on firm value in the chemical manufacturing sector. Keywords: Tax Planning, Firm Value, Partial Least Square (PLS), Chemical Manufacturing Sector, Firm Size Moderation
Enhancing Firm Value: Exploring the Nexus of Social Responsibility, Dividend Policy, and Profitability: Optimasi Nilai Perusahaan: Eksplorasi Hubungan Tanggung Jawab Sosial, Kebijakan Dividen, dan Profitabilitas Choiri, Ika; Fitriyah, Hadiah
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1374

Abstract

This research delves into the intricate relationship between corporate social responsibility (CSR), dividend policy, profitability, and company value within the consumer goods sector of the Indonesia Stock Exchange from 2019 to 2022. Employing a purposive sampling method, 27 companies were selected for analysis using SPSS techniques. The study reveals a noteworthy finding: while dividend policy shows no significant impact, both CSR and profitability significantly influence company value. This underscores the critical importance of integrating social responsibility practices into corporate strategies, as they not only contribute to enhanced company value but also augment profitability. These findings have substantial implications for businesses, emphasizing the imperative of embracing CSR initiatives as integral components of sustainable corporate development strategies. Highlights : CSR integration: Study underscores the importance of integrating CSR practices into corporate strategies. Profitability impact: Profitability significantly influences company value in the consumer goods sector. Limited impact of dividend policy: Dividend policy shows no significant impact on company value in the Indonesian context. Keywords: CSR, dividend policy, profitability, company value, consumer goods sector
Enhancing Financial Report Quality in Indonesia Through HR, Standards, and Controls: Meningkatkan Kualitas Laporan Keuangan di Indonesia Melalui SDM, Standar, dan Pengendalian Setiawan , M. Rizal; NURASIK
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1394

Abstract

This study investigates the impact of Human Resources (HR) quality, Government Accounting Standards (SAP) implementation, and Internal Control Systems (SPI) on the financial report quality at the Taman District Office in Sidoarjo Regency. Using a sample of 54 employees and a quantitative approach, data were collected via questionnaires and analyzed with multiple linear regression. Findings show that HR quality, SAP implementation, and SPI significantly influence financial report quality both individually and collectively, with a combined impact of 65.5%. Specifically, HR quality contributes 32%, SAP implementation 36.7%, and SPI 37.3%. To enhance financial report quality, improvements in HR, SAP application, and SPI are recommended. Highlight: HR quality, SAP implementation, and SPI significantly influence financial report quality. Combined impact of these factors on report quality is 65.5%. HR quality, SAP, and SPI contribute 32%, 36.7%, and 37.3%, respectively. Keywoard: Financial reports, Human resources, Government Accounting Standards, Internal Control Systems, Taman District Office
Optimizing Village Accountability Through SISKEUDES Financial System Implementation: Optimalisasi Akuntabilitas Desa Melalui Implementasi Sistem Keuangan SISKEUDES Anggraeni, Marita; Fitriyah , Hadiah
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1395

Abstract

Law no. 6 of 2014 mandates village government accountability, leading to the creation of the Village Financial System (SISKEUDES) by BPKP. This study investigates SISKEUDES implementation in Kepunten Tulangan Sidoarjo Village, focusing on APBDes (Village Budget) accountability. Using qualitative methods, including observation, interviews, and documentation, data were collected from key informants. Findings reveal SISKEUDES significantly enhances accountability and transparency, aiding efficient financial management and timely reporting. This research underscores the importance of technological solutions in improving local governance and promoting transparency. Highlight: echnology Boosts Accountability: SISKEUDES enhances village government financial transparency. Research Methods: Employed qualitative techniques including observation and interviews. Governance Efficiency: SISKEUDES facilitates efficient financial management and transparency. Keywoard: SISKEUDES, Accountability, Transparency, Local Governance, Financial Management
Leadership and Rewards Drive Performance-Based Budgeting in Indonesia: Kepemimpinan dan Penghargaan Mendorong Penganggaran Berbasis Kinerja di Indonesia Sunari, Sunari; Biduri, Sarwenda
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1396

Abstract

This research investigates the impact of organizational commitment, human resource quality, leadership style, and rewards on performance-based budgeting in Sidoarjo Regency's local government agencies. Using a quantitative approach and surveying 100 employees, data were collected via closed questionnaires and analyzed using SPSS Statistics software version 26. Results show that while organizational commitment has an insignificant impact, leadership style and rewards significantly influence performance-based budgeting, and human resource quality has no effect. These findings highlight the importance of effective leadership and reward systems in enhancing budget implementation. Limitations include a restricted sample size, suggesting further research with broader scope and additional variables. Highlight: Leadership Impact: Leadership style significantly affects performance-based budgeting implementation. Rewards Role: Rewards enhance employees' performance and budget implementation. Human Resources: Quality of human resources does not impact budget implementation. Keywoard: Organizational Commitment, Human Resource Quality, Leadership Style, Rewards, Performance-Based Budgeting

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