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Students´ Journal of Economic and Management
Published by Universitas Stikubank
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Core Subject : Economy,
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Articles 1,856 Documents
KEPATUHAN REGULASI, CHARTER VALUE, LDR, UKURAN TERHADAP RISIKO KREDIT PERBANKAN
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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This research is to examines the impact of the regulation, the charter value, loan to deposit ratio and bank size on banking credit risk. By using a sample of commercial banks operating in Indonesia and performed testing with ordinary least square (OLS) model, the result obtained was that the charter value negatively affected the level of credit risk. This finding indicates that the low charter value  provides a strong incentive for the occurrence of moral hazard than when the bank has a high charter value.  Regulation had positive effect on the credit risk. This finding was consistent with the entrenchment argument. In this case, with increasing regulatory compliance, the shareholder take the risk investments to get higher returns as compensation for the loss of utility to comply the regulations. Loan to deposit ratio had positive effect on credit risk. It shows that asymmetric information creates adverse-selection problems. Bank size had positive effect on credit risk. Small banks have more risk inherent in their loan portfolio because they cannot diversify as well as large bank. Small banks, however, do make loans with less credit risk than large banks. Keywords: regulation, charter value, loan to deposit ratio, bank size, credit risk, moral hazard, asymmetric information
ANALISIS PENGARUH PEMBERDAYAAN DAN MODAL SOSIAL TERHADAP KINERJA PEGAWAI DENGAN MEDIASI KOMITMEN ORGANISASIONAL ( Studi pada DPPKAD Kabupaten Batang )
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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Purpose of execution of this study was to examine and analyze the effect of empowerment on organizational commitment, the influence of social capital on organizational commitment, empowerment influence on employee performance, the influence of social capital on the performance of employees, the influence of organizational commitment to employee performance, empowering effect on the performance of employees with a commitment to mediation organizational and social capital influence on employee performance with organizational commitment mediated The research was conducted at the Department of Finance and Asset Management Revenue District Trunk numbering 87. Sampling technique using census. The test results I obtained the results of the regression equation Adjusted R Square of 0.734, meaning that the change of variables oragnisasional commitment can be explained by the variables of empowerment and social capital by 73.4%, while for the test results obtained equation II Adjusted R Square of 0.857, meaning that the changes of the variable employee performance can be explained by the variable empowerment, social capital and organizational commitment of 85.7% Based on the known partial regression testing empowerment affect organizational commitment with significance 0.000 <0.05, the social capital of the organizational commitment to the significance 0.000 <0.05, empowering effect on performance with significance 0.013. <0.05, effect of social capital on the performance of the significance 0.009. <0.05 and commitment affect organizational performance with significance 0.000. <0.05. It is identified that all the hypotheses accepted or proven. Testing mediation empowerment on employee performance with organizational commitment mediation showed that the indirect effect is greater than the direct effect (0.232> 0.196). While social capital on employee performance with organizational commitment mediation showed that the indirect effect is greater than the direct effect (0.283> 0.214). It identifies that organizational commitment is a mediating variable. Key word         : Empowerment, Social Capital, Organizational Commitment and Employee Performance
PENGARUH PEMBERDAYAAN DAN MOTIVASI KERJA TERHADAP KINERJA PEGAWAI DENGAN BUDAYA ORGANISASIONAL SEBAGAI VARIABEL MODERASI ( Studi pada DPPKAD Kabupaten Batang )
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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The purpose of this study was to implementation to test and analyze the effect on the performance of an employee empowerment, motivation on employee performance, organizational culture on employee performance, employee empowerment on performance with moderation organizational culture and work motivation on employee performance with organizational culture moderation The research was conducted at the Department of Finance and Asset Management Revenue District Trunk numbering 87. Sampling technique using census. The results of regression testing obtained results Adjusted R Square of 0.857, meaning that the change of variable performance can be explained by the variable employee empowerment, motivation and organizational culture at 85.7%, while for the F test showed that together empowerment, motivation and organizational culture affects employee performance. Based on the known partial regression testing empowering effect on performance with significance 0.014 <0.05, work motivation on performance with significance 0.014 <0.05 and organizational culture affect the performance of the significance 0.000. <0.05. It is identified that all the hypotheses accepted or proven. Testing moderation empowerment on employee performance with organizational culture moderation with significance 0.07 <0.05 and testing moderation motivation on the performance of the moderating organizational culture with significance 0.001 <0.05. It proved that organizational culture is a moderating variable. Key word : Empowerment, Motivation Work, Organizational Culture and Employee Performance
STRUKTUR KEPEMILIKAN DAN ARUS KAS BEBAS SEBAGAI PENENTU KEBIJAKAN DIVIDEN PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA PERIODE 2009 – 2011
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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This study of the structure of ownership and free cash flow as a determinant of dividend policy on manufacturing companies in Indonesia Stock Exchange the period 2009 to 2011. This study aimed to examine (1) Is there any effect of ownership structure on corporate Dividend Policy Against Indonesia Stock Exchange in the period 2009-2011? and (2) Is there an effect of Free Cash Flow Dividend Policy Against the Indonesia Stock Exchange company in the period 2009 to 2011? The population in this study is a manufacturing company that went public the period 2009 - 2011 as many as 131 companies, while companies that do not pay dividends during the observation period were 106 firms that sample criteria set out above, acquired 25 companies manufacturing for a period of 3 years ie years 2009-2011 were used as samples in this study. Data analysis techniques using normality test, classical assumptions, the accuracy of the parameters, the accuracy of the model and the regression analysis. The results showed that: (1) Managerial Ownership has positive and significant impact on dividend policy so the higher the proportion of ownership by management, higher dividend policy administration, (2) Institutional Ownership positive but not significant effect on dividend policy, (3) cash flow positive but not significant effect on Dividend Policy. Based on these results it should be the future research agenda (1) Increase the number of observation periods in order to study samples obtained over the past 10 years many observations, (2) Adding other variables that may affect dividend policy (adjusted r square) as Return On Equity (Hanafi & Halim, 2005: 87) and market risk (Ismiyanti and Hanafi 2003), and (3) Conducting research in addition to manufacturing companies, but other companies are based sectors such as industry, industry-finance, transportation, telecommunications and so on, which is expected to give different results. Keywords: Ownership Structure, Cash Flow, Dividend Policy
PENGARUH GAYA KEPEMIMPINAN KEPALA SEKOLAH DAN BUDAYA SEKOLAH TERHADAP KINERJA GURU MELALUI KEPUASAN KERJA GURU SEBAGAI VARIABEL INTERVENING (Studi Pada Yayasan Badan Wakaf Sultan Agung Semarang)
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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Penelitian ini bertjuaan untuk mengetahui Pengaruh  gaya kepemimpinan transformasional kepala sekolah dan budaya sekolah terhadap kinerja guru melalui kepuasan kerja sebagai variable intervening, di lingkungan Yayasan Badan Wakaf Sultan Agung Semarang.Penelitian ini dilakukan terhadap guru dilingkungan Yayasan Badan Wakaf Sultan Agung Semarang dengan  jumlah populasi 175 guru dan sampel  yang diambil sebanyak 64 guru. Uji instrument yang digunakan adalah uji validitas dan  reliabilitas dengan komponen matrik, sedangkan uji model yang digunakan adalah uji F dan uji determinasi,. Uji hipotesis menggunakan uji t. Berdasarkan hasil penelitian diketahui bahwa:  (i) gaya kepemimpinan berpengaruh positif terhadap kepuasan kerja guru, (ii) budaya sekolah berpengaruh positif terhadap kepuasan kerja guru, (iii) gaya kepemimpinan tidak berpengaruh positif terhadap kinerja guru, (iv) budaya sekolah berpengaruh positif terhadap kinerja guru, (v) kepuasan kerja berpengaruh positif terhadap kinerja guru, (vi) kepuasan kerja tidak memediasi gaya kepemimpinan terhadap kinerja, (vii) kepuasan kerja tidak memediasi budaya sekolah terhadap kinerja guru. Kata kunci : Gaya kepemimpinan Transformasional., budaya sekolah, kepuasan kerja, dan kenerja
PENGARUH IKLIM ORGANISASI DAN PERSEPSI KEADILAN TERHADAP CAREER PLATEAU DENGAN KEPUASAN KERJA SEBAGAI MEDIASI STUDI DI BADAN KEPEGAWAIAN DAERAH PROVINSI JAWA TENGAH
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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Human Resource is the basic capital of national development. In carrying out its main task, responsibilities, authority, human resource needs supporting factors such as justice perceptions, organizational climate, job satisfaction and career plateau. The research formulation problem is: 1) Does justice perceptions  affect job satisfaction?; 2) Does organizational climate influence job satisfaction?; 3) Does the justice perceptions affect the career ladder?; 4) Does organizational of climate affect  on the career ladder?; 5) Does job satisfaction affects the career ladder?. Justification (hypothesis) of this research is 1) Justice perceptions positively affect on job satisfaction.; 2) Organizational climate positively influence job satisfaction.; 3) Justice perceptions positively affects on the career ladder.; 4) Organizational climate positively  affect on the career ladder.; 5) Job satisfaction positively affects on the career ladder. The type of the research is descriptive quantitative and use survey as it's methods. The data collection method used in this research is giving a list of questions (questionnaire). The data analysis model used is multiple linear regression  analysis. The total sample  114  people  is  all  Employee Staff  Agency of Central Java Province Government The results showed that:1) Justice perceptions of the career plateau is not effectively influenced job satisfaction as the mediation. This means that the indirect effect is more significant than the direct effect.; 2) Organizational climate on the career plateau is very effectively influenced job satisfaction as the mediation. Keywords : Justice perceptions, organizational climate, job satisfaction, career plateau.
PENGARUH PENDAPATAN ASLI DAERAH (PAD), DANA ALOKASI UMUM (DAU) DAN DANA ALOKASI KHUSUS (DAK) TERHADAP BELANJA MODAL PADA KABUPATEN / KOTA ( STUDI KASUS DI PROVINSI JAWA BARAT, JAWA TENGAH DAN JAWA TIMUR PERIODE TAHUN 2007 – 2010 )
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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This research was hold to examine the influence of Local Government Original  Receipt, the General Allocation Fund, and the Special Allocation Fund  on Capital Expenditures with a case study on the district / city in the province of West Java, Central Java and East Java, and to know comparison of the influence of Local Government Original Receipt, the General Allocation Fund, and the Special Allocation Fund  on Capital Expenditures in the third against the province. The data used in this study is a secondary data annual time series (Time Series) 2007 s / d 2010. The data analysis technique used is multiple linear regression to test hypotheses using t-statistics and goodness of fit testing using the F-statistic models. The results provide information that: (1) In the province of West Java,  local government original  receipt has a positive and significant effect on capital expenditures, while  the General Allocation Fund, and the Special Allocation Fund had no significant effect on capital expenditures. (2) In the province of Central Java,  the General Allocation Fund has a positive and significant effect on capital expenditures, while the Special Allocation Fund has a negative and significanteffect on capital expenditures but local government original  receipt does not have a significant effect on capital expenditures. (3). In the province of East Java,  local government original  receipt and the General Allocation Fund have a positive and significant effect on capital expenditures, while DAK had no Receipt to Capital Expenditures in the province of West Java are stronger than in Central Java and East Java, with the value of the standardized coefficient of 0.607 and significant at the Central Java province of 0.120 and 0.261 of East Java province. (5) influencet of the General Allocation Fund on capital expenditures in the province of East Java is stronger than the Province of West Java and Central Java to the value of the standardized coefficient of 0.500 and significant at the West Java province of 0.101 and 0.411 of Central Java Province. (6) Influence the Special Allocation Fund of  against Capital Expenditure in the province of Central Java is stronger than the Province of West Java and East Java, with the value of the standardized coefficient of -0.200 and significant, while in West Java province of 0.118 and -0.084 for Central Java Province. Keywords: Local Government Original Receipt, the General Allocation Fund, the Special Allocation Fund, and Capital Expenditure
PENGARUH KEMAMPUAN MANAJERIAL KEPALA SEKOLAH DAN MOTIVASI TERHADAP KINERJA GURU DENGAN MEDIASI KOMITMEN ORGANISASI PADA GURU SMA NEGERI SUB RAYON 03 KOTA SEMARANG
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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Penelitian ini bertujuan untuk menguji dan menganalisis pengaruh kemampuan manajerial kepala sekolah dan motivasi terhadap kinerja guru dengan mediasi komitmen organisasi pada guru SMA Negeri Sub Rayon 03 kota Semarang. Jenis penelitian ini menggunakan penelitian lapangan (field research), dengan pendekatan kuantitatif. Populasi dalam penelitian ini adalah guru-guru yang mengajar di SMA Negeri Sub Rayon 03 Semarang yang berjumlah 305orang. Sampel yang diambil menggunakan teknik  proposional random  sampling, sejumlah 75 guru. Teknik analisis menggunakan pengujian model analisis liner berganda, Uji R2,Uji F, pengujian hipotesis menggunakan uji t dan uji efek mediasi ( path analysis). Hasil penelitian menunjukkan bahwa; (1) kemampuan manajerial kepala sekolah berpengaruh positif dan signifikan terhadap komitmen organisasi (2) Motivasi guru berpengaruh positif dan signifikan terhadap komitmen organisasi;; (3) kemampuan manajerial kepala sekolah  berpengaruh positif dan signifikan terhadap kinerja guru; (4) motivasi tidak berpengaruh terhadap kinerja guru; (5) komitmen organisasi mempunyai pengaruh positif dan signifikan terhadap kinerja guru; (6) komitmen organisasi memediasi pengaruh kemampuan manajerial kepala sekolah terhadap kinerja guru;  (7) komitmen organisasi merupakan variabel mediasi yang mampu menjelaskan pengaruh motivasi terhadap kinerja guru. Kata kunci : kemampuan manajerial  kepala sekolah, motivasi, komitmen organisasi,  dan kinerja guru.
PENGARUH LINGKUNGAN KERJA DAN MOTIVASI TERHADAP KEPUASAN KERJA DAN DAMPAKNYA TERHADAP KINERJA PADA LEMBAGA PENYIARAN PUBLIK RRI SEMARANG
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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This study aimed to determine the effect of work environment on job satisfaction and motivation and its impact on the performance of the public broadcaster RRI Semarang. The data in this study is primary data collected through questionnaires to the respondents at random. To determine the influence of the tool used multiple regression analysis using the t test and f test. Variable (dependent) in this study were (Y2), while the independent variables (independent) is the work environment (X1), motivation (X2), and job satisfaction (Y1). From the results of t-test showed that the work environment significant positive effect on job satisfaction, motivation significant positive effect on job satisfaction, work environment significant positive effect on performance, motivation significant positive effect on performance, job satisfaction significant positive effect on performance. F test results (test simultaneously) suggests that the work environment, motivation and job satisfaction have positive and significant with significance level a 0.05 on performance. Adjusted R ² test results for 0324 show that the changes in performance of 32.4% was influenced by the work environment, motivation and job satisfaction, while the remaining 67.6% is due to changes in variables that do not enter in the research model.Keywords: Work Environment, Motivation, Job Satisfaction, Employee Performance
PERAN LABA MEMODERASI HUBUNGAN MODAL KERJA DAN BIAYA EKUITAS (Studi Kasus pada Perusahaan Manufaktur di Bursa Efek Indonesia)
Students' Journal of Economic and Management Vol 1 No 1 (2012): VOL. 1 NO. 1 EDISI PERTAMA 2012
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This study aimed to examine the effect of Nibe to Working Capital Gain and equity costs of case studies on the effects of manufacturing companies on Bursa Efek  Indonesia (BEI). The samples used in this research is a group of companies manufacturing the category of companies whose shares are actively traded on the Stock Exchange always during peeode observations (2007-2010). The number of samples obtained by category amounted to 19 companies over a period of 4 years. Secondary data was obtained from the Indonesia Stock excange (IDX) annual statistics for the period 2007 to 2010. The analysis used in this study is multiple regression techniques (multiple regression) to test the hypothesis t-test and F-test at the 5% level of significance (α = 0.05). Hypothesis test results indicate that the variable income and variable working capital Nibe together equally significant effect on the cost of equity. This result indicates that these two variables are jointly able to significantly influence the cost of equity. The test results also found that working capital and cost of equity has a negative and significant effect, because it has the value of the Standardized Beta Coefficiens 0000 0601 and its significance is greater than alpha (0.05). Keywords: Nibe earnings, working capital, cost of equity