E-Jurnal Ekonomi dan Bisnis Universitas Udayana
E-Jurnal Ekonomi dan Bisnis Universitas Udayana (EEB) is an electronic scientific journal that publishes the results of economic and business studies. EEB is published periodically every month with an online format. EEB Editor receives written results of studies in the fields of economics, management, and accounting, both empirical and theoretical studies which are analyzed qualitatively and quantitatively and have never and will not be published in other media. The incoming script will be evaluated and edited for uniformity of formats, terms and other procedures according to the style of the environment that applies to the E-Jurnal Ekonomi dan Bisnis Universitas Udayana
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PENGARUH KEBIJAKAN DIVIDEN PADA MANAJEMEN LABA DENGAN GOOD CORPORATE GOVERNANCE SEBAGAI MODERASI
Ni Ketut Sri Dahayani;
I Ketut Budiartha;
I Made Sadha Suardikha
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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The purpose of this study is to provide empirical evidence about the effect of dividend policy on earnings management and to determine whether the Good Corporate Governance (GCG) able to moderate dividend policy relationship with earnings management. The study population was banking companies listed in Indonesia Stock Exchange (BEI) in the period 2007-2014. Samples were determined using purposive sampling method. The samples selected were 82 banks observations. Data analysis technique used is Moderated Regression Analysis (MRA), first performed factor analysis to determine the factors GCG. Based on the analysis, this study proves that the dividend policy effect on earnings management. The results also showed that corporate governance is not proven able to moderate dividend policy relation to earnings management.
PENGARUH SELF EFFICACY DAN MOTIVASI BERPRESTASI TERHADAP KINERJA AGEN PEMASARAN ASURANSI EQUITY LIFE INDONESIA CABANG RENON DENPASAR
I Gusti Ayu Intan;
I Wayan Gede Supartha;
Putu Saroyeni P
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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Pemasaran melalui agen memberikan kontribusi yang cukup besar bagi perusahaan asuransi Equity Life Indonesia Cabang Renon Denpasar. Penelitian ini bertujuan untuk menganalisis pengaruh self efficacy dan motivasi berprestasi terhadap kinerja agen pemasaran asuransi Equity Life Indonesia Cabang Renon Denpasar. Jenis penelitian yang dipergunakan adalah explanatory dengan menggunakan tiga variabel yaitu self efficacy, motivasi berprestasi dan kinerja. Pengumpulan data menggunakan kuesioner. Teknik sampel yang digunakan adalah sampel jenuh sebanyak 40 responden agen pemasaran. Teknik analisa data menggunakan regresi linear berganda. Hasil penelitian pada variabel self efficacy terhadap kinerja menunjukkan sig. 0,02, sehingga hipotesis alternatif (H1) diterima yang berarti self efficacy berpengaruh positif dan signifikan terhadap kinerja agen pemasaran. Pada variabel motivasi berprestasi terhadap kinerja menunjukkan nilai sig. 0,00 sehingga hipotesis alternatif (H2) diterima yang artinya motivasi berprestasi berpengaruh positif dan signifikan terhadap kinerja agen pemasaran asuransi Equity Life Indonesia cabang Renon Denpasar.
PENGARUH PUBLIKASI PELAPORAN KEUANGAN DI WEBSITE PERUSAHAAN DAN TINGKAT PENGUNGKAPAN INFORMASI SUKARELA PADA VOLUME PERDAGANGAN SAHAM INDEKS KOMPAS 100
Putu Aristya Adi Wasita;
Ni Putu Sri Harta Mimba;
Ni Ketut Rasmini
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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This study aims to examine the effect of the financial report publication at the company's website and the level of voluntary information disclosure on the company's stock trading volume in Kompas 100 index. The study was conducted by using quantitative data with the source secondary data of financial and non financial information contained in the company's website and trading volumes were obtained from the Indonesia Stock Exchange (IDX). This study was performed on companies listed in the Kompas 100 index during the period 2012 to 2015. Purposive sampling method applied in order to obtain 264 observations. The analysis technique used is by using multiple linear regression analysis. The results showed that the publication of financial reporting at the company's website and the level of voluntary disclosure positive effect on the company's stock trading volume in Kompas 100 Index.
KINERJA KEUANGAN DAN EFISIENSI PROSES INTERNAL SEBELUM DAN SESUDAH PENERAPAN PPK-BLUD PADA RSUD KAB.KLUNGKUNG
Nyoman Trio Susandi;
I Ketut Budiartha;
Herkulanus Bambang Suprasto
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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This research was conducted at the Rumah Sakit Umum Daerah (RSUD) Kabupaten Klungkung as one of the Satuan Kerja Perangkat Daerah (SKPD) that have implemented Pola Pengelolaan Keuangan Badan Layanan Umum Daerah (PPK-BLUD). This study examined the differences in performance of RSUD Kabupaten Klungkung before and after becoming PPK-BLUDs. This study uses secondary data such as financial performance and performance efficiency of internal processes, proxied by the performance of revenues, expenses, curent ratio, cash ratio, quick ratio, Bed Occupancy Ratio (BOR), Average Length of Stay (ALOS), Turn Over Interval ( TOI) and Bed Turn Over (BTO). Statistical testing using non-parametric statistical test of Kolmogorov-Smirnov, if the data is normally distributed then followed by paired sample t-test on each variable. The Results of testing the entire proxy using the Test paired sample t-test showed there was no difference of financial performance and the efficiency of internal processes before and after the implementation of the CO-BLUDs. This was caused by RSUD Kabupaten Klungkung management that has not been optimally implement the regulations set out in the Permendagri No. 61st on 2007.
KINERJA PORTOFOLIO SAHAM BERDASARKAN SAHAM PERUSAHAAN ORANG KAYA INDONESIA MENURUT FORBES DI BURSA EFEK INDONESIA
Fenita Dwi Sari;
Ida Bagus Anom Purbawangsa;
Luh Gede Sri Artini
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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The increasing of the public interest to invest in the stock market transactions, by arranging the stock portfolio. Stock portfolio will be prepared using stocks - shares of companies that go public in Indonesia Stock Exchange belong to the richest people in Indonesia according to Forbes Indonesia edition April 2013. As a matter of evaluation, this study was conducted in order to determine the result of establishment of a stock portfolio return which is based on public information compared to the market return. The variables in question is a stock portfolio return and the market return. This study compared the return of stock portfolio which is based on public information in April 2013 with the return of stock portfolio for each period of 3 months within 1 year ahead. The population used is the price of securities and the company stock market owned by 25 richest people in Indonesia by Indonesia edition of Forbes magazine April 2013. The sample is using census method by using the entire population. Stock data obtained from the Indonesia Stock Exchange.
PENGARUH RENTABILITAS DAN LEVERAGE PADA KEPUTUSAN SAHAM BONUS DAN IMPLIKASINYA PADA NILAI PERUSAHAAN (Studi Kasus Pada Perusahaan Yang Mengeluarkan Saham Bonus di Bursa Efek Indonesia)
Gde Deny Larasdiputra;
I Ketut Yadnyana;
Ida Bagus Putra Astika
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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The purpose of this study was to find out what can influence the occurrence of the bonus shares with a view of the variable rentability and leverage of the company. This study will also reveal the market's reaction as a result of the announcement of bonus shares. The data used are secondary data from the financial statements and annual reports of companies listed on the Indonesia Stock Exchange in 2000-2014. Selection of the sample with purposive sampling method and acquired 36 companies with a number of observations over 14 years. Data analysis technique used is path analysis. These results indicate that, if high corporate rentability, the company tends to pay dividends and vice versa. Bonus issue itself was published at a time when companies do not have the capability sufficient cash to pay dividends, and the company will choose a stock option bonus as a successor or the company entered into a plan of dividend reinvestment plans (DRP) which allows investors to reinvest the dividends they have received returned to the company as additional capital for the company and instead investors receive bonus shares of the company. The results of this study also indicate that the market reacted positively to the announcement of bonus share.
KINERJA KEUANGAN SEBELUM DAN SESUDAH IPO DAN PENGARUHNYA TERHADAP NILAI PERUSAHAAN PT GARUDA INDONESIA (PERSERO) TBK
Niluh Sri Andayani;
IG. B. Wiksuana;
I.B. Panji Sedana
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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Companies that perform IPO usually will have a better performance on its benefit. The ratio of financial performance used by investors to make investment decisions and determine the firm value. The ratio of financial performance are profitability, leverage, liquidity, activity and growth of the company. Determining the differences in financial performance before and after the IPO and the effect of financial performance of firm value are the purpose of this study. Data were obtained from the financial statements of PT Garuda Indonesia in 2007-2015. The analytical tool used in this research are analysis of different test and multiple regression test. Different test research results showed that only liquidity had significant differences after the IPO. Multiple regression test showed that profitability variable has positive non significant effect to firm value, leverage has negative significant effect to firm value, liquidity has positive significant effect to firm value and company activities as well as growth have negative non significant effect to firm value.
FAKTOR-FAKTOR YANG MEMPENGARUHI KETEPATWAKTUAN PENYAJIAN LAPORAN KEUANGAN
Sagung Agung Dwiyani;
I Dewa Nyoman Badera;
I Putu Sudana
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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The purposes of this study are to obtain emperical evidence about the influence the structure of good corporate governance financial performance on the timeliness reporting in manufacturing industry and analyze the difference of market reaction between companies that provide financial statements on time and companies that provide financial statements not on time.The type of data that used is secondary data from annual reports during 2012-2015. Sampling technique used purposive sampling. Total population are 147 companies, based on the predetermined criteria, total samples are 58 companies. The data processed by using logistic regresion and independent sample t-test. The analysis showed that the audit committee, managerial ownership, and profitability have positif significant on the timeliness reporting while the independent commissioner, institutional ownership and leverage have insignificant. Further result of the study showed that no difference in market reaction on the companies that provide financial statement on time and companies that provide financial statement not on time.
KEMAMPUAN KOMITMEN ORGANISASI MEMODERASI PENGARUH PERENCANAAN ANGGARAN DAN KOMPETENSI SDM PADA PENYERAPAN ANGGARAN PEMERINTAH KABUPATEN TABANAN
Ni Luh Putu Lestari Dewi;
A.A.N.B Dwirandra;
Made Gede Wirakusuma
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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ABSTRACT The inconsistency of results of research on the effect of budget planning and competence of human resources (HR) at the absorption indicates other factors that influence to encourage researchers to include a commitment to the organization as the moderating variable. The sampling method used in this research is the method of probability sampling with technique proportionate stratified random sampling. Total respondents 251 managers of the budget, including the Budget User, Financial Administration Officer, the Technical Activities Executive Officer, and Treasurer Expenditure. The analysis technique used is regression analysis moderation (Moderated Regression Analysis).The results showed that the positive effect of budget planning, and competency negative effect on the absorption of the budget and the commitment the organization is not able to strengthen budget planning and is able to strengthen the capacities of human resources in Tabanan District Government budget absorption.
MEMBANGUN KEUNGGULAN BERSAING MELALUI KINERJA SISTEM INFORMASI DAN CUSTOMER INTIMACY DALAM MENINGKATKAN KINERJA PEMASARAN
I Nengah Aryana;
I Made Wardana;
Ni Nyoman Kerti Yasa
E-Jurnal Ekonomi dan Bisnis Universitas Udayana VOLUME.06.NO.04.TAHUN 2017
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana
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Latar belakang penelitian ini yaitu adanya fenomena persaingan yang semakin ketat pada industri perhotelan di Bali yang dipengaruhi oleh kemajuan teknologi informasi. Bermunculan hotel-hotel baru baik yang bertaraf nasional maupun internasional terutama hotel berbintang 3, 4, dan 5 membuat semakin sulitnya persaingan bisnis akomodasi di Bali. Sangat disayangkan ketatnya persaingan ini turut membawa dampak menurunkan kinerja pemasaran industri perhotelan di Bali. Hal ini ini terbukti dengan terus menurunya tingkat hunian kamar hotel di Bali selama 5 tahun terakhir yang tercatat pada tahun 2016 sebesar 53,67% dari awalnya sebesar 63,21% pada tahun 2012. Menyikapi hal ini perlu dicarikan terobosan baru untuk mengangkat kembali tingkat hunian kamar hotel pada tahun-tahun mendatang dengan cara meningkatkan kinerja pemasaran dengan menciptakan keunggulan bersaing melalui penerapan customer intimacy yang didukung dengan kinerja sistem informasi yang baik. Untuk mencapai tujuan tersebut, penelitian ini mengambil sampel sebanyak 118 hotel dengan unit analisis yaitu para manajer hotel dengan menggunakan alat analisis Stuctural Equation Modelling (SEM). Hasil penelitian menunjukkan bahwa kinerja sistem informasi dan customer intimacy memiliki pengaruh yang positif dan signifikan terhadap keunggulan bersaing dan kinerja pemasaran. Keunggulan bersaing memiliki pengaruh yang positif dan signifikan terhadap kinerja pemasaran. Keunggulan bersaing juga mampu memediasi kinerja sistem informasi dan customer intimacy terhadap kinerja pemasaran. Implikasi praktis penelitian ini dapat memberikan sumbangan pemikiran bagi industri perhotelan di Bali agar senantiasa meningkatkan kinerja pemasaran perusahaan dengan cara membangun keunggulan bersaing melalui kinerja sistem informasi yang baik dan customer intimacy yang intim dengan pelanggan.