cover
Contact Name
GENESIS SEMBIRING DEPARI
Contact Email
genesissembiring@gmail.com
Phone
+6285359562521
Journal Mail Official
genesissembiring@gmail.com
Editorial Address
Jl. Ir Juanda
Location
Unknown,
Unknown
INDONESIA
Formosa Journal of Social Sciences (FJSS)
ISSN : -     EISSN : 28300246     DOI : https://doi.org/10.55927/fjss.v1i2
Formosa Journal of Social Sciences (FJSS) is a peer reviewed international journal that covers the fields of scientific research, literature studies and academic scholarship that study social groups and, more generally, human interactions. FJSS is a quarterly publication also cover articles on extended fields of social science. FJSS publishes articles quarterly on march, june, september and December.
Articles 161 Documents
The Influence of Cash Position (CP) and Price Earning Ratio (PER) on Stock Prices at PT. Gudang Garam Tbk Listed on the Indonesia Stock Exchange (IDX) for the 2018-2022 Period Puput Siti Robiatul Adawiyah; Endang Naryono
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 3 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i3.10397

Abstract

The purpose of this study is to determine how stock prices are affected by Cash Position (CP) and Price Earning Ratio (PER). Associative quantitative research method. The data used in this study are secondary data from the financial statements of PT Gudang Garam Tbk. The purposive sampling method is used to collect samples. Construction and methods for analyzing data, classical assumption tests. Data are processed using Microsoft Excel and SPSS 26 programs. Panel data regression analysis, determination coefficient, and significance test of influence with t-test and F-test were carried out. The results of the analysis show that the correlation value of cash position to stock prices of -0.479 is included in the moderate category with a negative correlation direction. In addition, there is a correlation value between price earning ratio and stock price of 0.199. This value is included in the weak category with a positive correlation direction. The results of the study show that the price earning ratio variable does not affect stock prices, but cash position significantly affects stock prices. The results of the significance test of influence with the F test show that cash position and price earning ratio simultaneously have a large positive impact on stock prices. The analysis of the coefficient of determination (KD) that has been carried out shows that the independent variables, namely cash position and price earning ratio, have an influence of 32.5% on the dependent variable, namely stock price. Other variables not studied by the author contribute 67.5% of the remaining influence
The Role of the Ministry of Home Affairs as Non-Military Defense in Handling Inflation to Support National Security Alexander Lendie Nicholas; Halomoan Freddy Sitinjak Alexandra; Achmed Sukendro; Pujo Widodo; Herlina JR Saragih
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 3 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i3.10402

Abstract

Inflation is one of the non-military threats in the economic dimension, as stipulated in Presidential Regulation Number 8 of 2021 concerning the General Defense Policy of 2020-2024. The Ministry of Home Affairs plays a crucial role as a key component in non-military defense against the threat of inflation in Indonesia. This research aims to elucidate the role of the Ministry of Home Affairs as part of non-military defense in handling inflation to support national security of a country. The author employs a qualitative research method with data collection techniques including interviews, observations, literature review, and data analysis using an interactive model by Miles Huberman, Saldana (2014), and Bruce J. Cohen's Theory of Roles (1992). The research findings indicate that the Ministry of Home Affairs, as part of Non-Military Defense, has played an enacted role in concrete efforts to control inflation. In the context of National Security, these follow-up actions by the Ministry of Home Affairs can have implications for economic stability and the inflation rate to support or maintain national security of a country
How Significant is Instagram in Shaping Personal Branding? Literature Review Agung Setyawan; Pawito; Andrik Purwasito
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 3 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i3.10622

Abstract

This study reviews existing literature on the role of Instagram in shaping personal branding, employing a qualitative method with a literature review approach. With the increasing use of social media, particularly Instagram, by individuals from various professional backgrounds, it is essential to understand the extent to which this platform influences personal branding strategies. Through comprehensive literature analysis, this research identifies the key factors that make Instagram an effective tool for personal branding, as well as the challenges and opportunities users face. These findings provide insights for academics and practitioners on optimizing Instagram for personal branding. The study concludes that Instagram plays a crucial role in shaping personal branding, contingent on strategic and appropriate use. Recommendations for further research and practical implications are provided to maximize the impact of personal branding on Instagram through data-driven approaches and creative strategies
Employee Protection Efforts Against Actions of Abuse and Violence in Securing Assets and Securing Company Asset Management (Case Study of PTPN IV Kebun Ajamu Unit) Pahala Raja Situmorang; Muhammad Arif Sahlepi
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 2 (2024): June 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i2.10658

Abstract

This research aims to explore efforts to protect employees from acts of abuse and violence in the context of securing and managing company assets, with a special focus on PTPN Unit IV Kebun Ajamu. The method used is a qualitative approach and document analysis. Through this approach, research identifies incidents of abuse and violence recorded in letters of receipt of complaint reports. This research also highlights weaknesses in the implementation of existing asset security policies and procedures in companies. Research findings show that employees feel they are not adequately trained or prepared to deal with risky situations, and that there are communication and coordination problems between departments and between management and employees. This research also emphasizes the importance of integrating more sophisticated security technology and effective monitoring systems. Based on the research results, it is recommended that PTPN IV Kebun Ajamu improve security training and education for its employees, improve internal communications, and adopt more modern security technology. This research contributes to understanding the challenges and opportunities in efforts to protect employees and safeguard assets in the work environment
Payment System Analysis Non Cash Loan in Order to Increase Net Cash Flow Company Operations and Supplier at PT Adhi Karya (Persero) Tbk Project Stone Crusher Sigli Toll - Banda Aceh M Fakhri Ulsar Sirait; Rahima Br Purba; Oktarini Khamilah Siregar
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 2 (2024): June 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i2.10659

Abstract

This research aims to determine Payment System AnalysisNon-Cash Loans In Order to ImproveNet Cash FlowCompany Operations andSupplierson PT Adhi Karya (Persero) Tbk ProjectStone CrusherSigli-Banda Aceh Toll Road. This research uses variablesnon-cash loan, with the dependent variableNet Cash FlowAnd suppliersas a moderating variable. The method used is descriptive method. This research uses secondary data obtained from IDX and documentation from collaborating companies. The population and sample in this research was the PT Adhi Karya (Persero) projectStone CrusherSigli-Banda Aceh Toll Road. This research aims to find out the payment systemNon-Cash Loansin order to improve Net Cash Flowcompany operations andsuppliers. The results of this research show that the systemnon-cash loanin order to improveNet Cash Flow the company's operations run smoothly and are profitable for PT Adhi Karya (Persero) Tbk and Suppliers. However, not many people still know the systemnon-cash loanand this financing facility has not yet been implemented by the Bank for lower middle class companies
The Influence of Company Size on Risk Management Disclosure With Good Corporate Governance as a Moderation Variable in the Company Listed Property and Real Estate on the Indonesian Stock Exchange (IDX) Benny Pasaribu; Rahima Br Purba; Renny Maisyarah
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 2 (2024): June 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i2.10688

Abstract

The purpose of this study is to examine how firm size affects risk management disclosure in property and real estate companies listed on the Indonesia Stock Exchange, using Good Corporate Governance (GCG) as a moderating factor. In this study, company size is the independent variable, risk management disclosure is the dependent variable, and GCG serves as a moderating variable. Associative, quantitative research methodology is employed, and linear analysis techniques are applied for analysis. Using a purposive sample approach, the study's population consists of property and real estate companies listed between 2018-2021 on the Indonesia Stock Exchange. The study's findings indicate that risk management disclosure is significantly impacted by a company's size. Nevertheless, in the context of property and real estate businesses listed on the Indonesia Stock Exchange for the examined period, GCG was not demonstrated to be able to control the relationship between company size and risk management disclosure
The Influence of Debt to Equity Ratio and Return on Equity on Company Value in Food and Beverage Subsector Manufacturing Companies Listed on the BEI in 2020-2022 M. Hidayatul Ihsan; Nia Kurniasari
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 3 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i3.10689

Abstract

The purpose of this study is to analyse the relationship between Y, debt-to-equity ratio, and return on equity for food and beverage manufacturing companies listed on the BEI in 2020 and 2022. Panel data regression analysis is the research tool of choice for this associative descriptive study. This study's population consists of 2020–2022 financial reports from BEI-listed food and beverage subsector manufacturing enterprises. Nonprobability sampling with a purposive sampling approach was used to collect the samples. Various statistical methods were employed to assess the impact of the study, including panel data regression analysis, t test and F test hypothesis testing, and Pearson product moment correlation and coefficient of determination analyses. There is a very strong correlation between return on equity (ROE) and Y (0.824) and a sufficient correlation (0.535) between debt to equity ratio and Y (0.535), according to the results of the analysis. The results of the determination analysis reveal that the debt-to-equity ratio and return on equity account for 99.2% of the variance in firm value, with the remaining 0.8% explained by factors that were not part of the study
The Effect of Working Capital Turnover and Current Ratio (CR) on Return on Investment (ROI) at PT Harum Energy, Tbk (A Company Listed on the Indonesia Stock Exchange Period 2015-2022) Dhea Adhistiany Sopyan; Nia Kurniasari
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 3 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i3.10695

Abstract

The purpose of this study was to determine the effect of working capital turnover and current ratio (cr) on return on investment (roi) at PT Harum Energy, Tbk for the period 2015-2022. The research method used is a descriptive associative method. The population consists of secondary data from the financial statements of PT Harum Energy, Tbk. The sample taken used non-probability sampling with purpose sampling method with specific criteria, see the quarterly financial reports of PT Harum Energy, Tbk for the period 2015-2022. To test the influence analysis, Pearson product moment correlation analysis, coefficient of determination analysis, multiple linear regression analysis and t-test and F-test hypothesis testing were applied. The results of the investigation demonstrate that the value of the correlation between working capital turnover and (roi) is -0,193 the correlation value of this falls into the extremely low group, current ratio to return on investment is 0,251 It falls under the low group. The outcomes of the determination analysis show that the quantity of the independent variables influence and contribution (working capital turnover and current ratio) to the dependent variable (return on investment) is 25% and the remainder 75% is affected by additional factors that the author did not look into
The Effect of Net Profit Margin (NPM) and Total Assets Turnover (TATO) Return on Assets (ROA) at PT Telekomunikasi Indonesia (Persero) Tbk for the Period of 2019-2023 Rindu Meisya Nilamsyah; Reka Ardian Purnama
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 3 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i3.10696

Abstract

Finding a correlation between ROA and the independent Factors nett profit margin and total asset turnover is the main objective of this study. The research population consists of twenty quarterly financial reports that span the years 2019–2023, sourced from PT Telekomunikasi Indonesia (Persero) Tbk. The study employs quantitative approaches using data extracted from the company's financial records and a sample strategy based on purposeful sampling. To analyse the data, statisticians employ tools like coefficient of determination, hypothesis testing, multiple linear regression, and correlation. Net Profit Margin (NPM) and Total Assets Turnover (TATO) have a partial and simultaneous effect on Return on Assets (ROA) at the 0.05 level of significance
The Influence of Current Ratio and Solvency on Financial Performance at PT. Adaro Energy Indonesia Tbk Period 2015-2024 M Aab Abdurrahman; Tedi Pitri
Formosa Journal of Social Sciences (FJSS) Vol. 3 No. 3 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjss.v3i3.10698

Abstract

This study was conducted to understand the impact of current ratios and solvency on currency workforce performance. This research was conducted at PT. Adaro Energy Indonesia, Tbk during the 2015-2024 period. The research method used in this research combines quantitative research design with associative descriptive. The population in this research is secondary data from PT's financial reports. Adaro Energy Indonesia., Tbk. The sample was taken using a non-probability sampling technique using purposive sampling with certain criteria, namely the quarterly financial report of PT. Adaro Energy Indonesia., Tbk 2015-2024. To carry out sensitivity analysis, one can use coefficient of determination analysis, hypothesis testing using t and f tests, and sensitivity line analysis. Based on the completed analysis, it is determined that the current ratio determination coefficient for labor participation is 0.292, which is included in the medium category, and the solvency coefficient for determining participation is 0.565, which is included in the medium category. Based on the completed specified analysis, it is shown that the significant contribution of the independent variables (solvency and current ratio) to the dependent variable (working capital) is approximately 44%, with the remaining 56% explained by other variables not examined by the researchers