cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
-
Contact Email
-
Phone
-
Journal Mail Official
maj@mail.unnes.ac.id
Editorial Address
-
Location
Kota semarang,
Jawa tengah
INDONESIA
Management Analysis Journal
Published by Universitas Negeri Semarang
ISSN : 22526552     EISSN : 25021451     DOI : 10.15294/maj
Core Subject : Science,
Decision Sciences, Operations Research & Management
Management Analysis Journal (MAJ) is an open-access electronic journal focusing on scientific work on the field of business. This journal applies the theory developed from business research and connects it to actual business situations. The articles within this journal are published quarterly (March, June, September, and December). This journal is maintained and issued by Departement of Management, Faculty of Economics, Universitas Negeri Semarang. MAJ has been accredited by National Journal Accreditation (ARJUNA) Managed by Ministry of Research, Technology, and Higher Education, Republic Indonesia with Third Grade according to the decree No. 23/E/KPT/2019.
Arjuna Subject : -
Articles 905 Documents
 20   21   22   23   24 
A Clustering Method Approach for Portfolio Optimization Fadilah, Iwan; Witiastuti, Rini Setyo
Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i4.23378

Abstract

This study aims to test the formation of the optimum portfolio using the cluster method. The data used are of financial statements and stock prices of the companies listed on the LQ-45. index The results of this research show that the cluster method can be used to form the optimal portfolio. This is because using the cluster method; the research samples were divided into three clusters that are united to the same characteristics of each company. Further research can be added the research indicators and research sample used in order that the results obtained are more varied.
An Examining the Firm Life-Cycle Theory of Dividends in Indonesia Murtiana, Suci; Yulianto, Arief
Management Analysis Journal Vol 7 No 3 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i3.23441

Abstract

This study aims to examine the company’s propensity of manufacture companies to pay dividend effected by retained earning to total equity (RE/TE) in their life cycle stages by controlling profitability, sales growth and firm size. Furthermore, this study also explains the company’s propensity to pay a dividend before and after the global crisis particularly Subprime Mortgage. The firm ’s life cycle consists of four stages: start-up, growth, mature and decline stage. This research is explanatory research by using regression qualitative response analysis. The purposive sampling used to determine the research sample. Thus 75 manufacture companies which are listed on the Indonesia Stock Exchange (IDX) in 2005 to 2016 have been selected as the research sample. This result shows that the Manufacture companies listed on IDX in 2005 to 2016 tend to pay a dividend on the mature stage before and after Subprime Mortgage. In the mature stage, the manufacture companies have a bigger probability of paying a dividend rather than in start-up, growth and decline stage in 2005 to 2016. The company’s propensity to pay a dividend in the mature stage is bigger than the start-up, growth and decline stage before and after the Subprime Mortgage crisis. The conclusion of this study explains that the manufacture companies employ the life-cycle theory of dividend in their dividend policy.
The Effect of Ownership Structure, Profitability, Firm Size and Tangibility on Capital Structure Iswarini, Tika; Ardiansari, Anindya
Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i4.23478

Abstract

The important decision faced by financial management which relates to the continuity of company operations is funding decision which is capital structure. Capital structure achieves optimal value if the composition of debt and capital are able to increase company value. The purpose of this research is to examine the effect of ownership structure, profitability, firm size, and tangibility against capital structure (research on manufacturing companies listed on Indonesia Stock Exchange period 2012-2016). The population in this research were all manufacturing companies listed on the Indonesia Stock Exchange 2012-2016. This research used purposive sampling method with certain criteria to determine the sample. The sample used was 38 companies with the research period 2012-2016 at manufacturing companies listed on the Indonesia Stock Exchange. Multiple regression analysis using Eviews 8 was used to analyze the data. The result of multiple linear regression test showed that there were three independent variables that affect capital structure they were managerial ownership, firm size and tangibility. Whereas institutional ownership and profitability did not affect the capital structure of manufacturing companies in 2012-2016. The conclusion of this research is managerial ownership, firm size and tangibility have positive and significant effect on capital structure, while institutional ownership and profitability have negative and insignificant effect on capital structure.
Speed of Adjustment Capital Structure Sibuea, Ely Yulianita; Yulianto, Arief
Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i4.23480

Abstract

The aim of this study is to analyze the effect of company size variables, asset growth, asset structure and business risk against capital structure adjustment speed with dynamic approach. The number of samples in this study was 63 companies by using purposive sampling method. Multiple regression method with fixed effect model was used as data analysis in this study. The results of this study indicate that company size and asset structure have positive significant effect on capital structure adjustment speed, whereas asset growth has significant negativeeffect on capital structure adjustment speed and business risk does not have significanteffect on capital structure adjustment speed.  
The Influence of Financial Performance and Corporate Governance Mechanism on Capital Structure Lusiana, Emi; Sudarma, Ketut
Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i4.23494

Abstract

The research aims to determine whether asset structure, firm size, profitability, growth sales, board size, and institutional ownership on the capital structure. The population of this research are all mining and mining service companies listed in Indonesia Stock Exchange period 2012-2016. The sample are 27 companies, so the data observation as much as 135 data. The data analysis technique used was linier regression analysis with Random Effect Model approach. The result of data analysis showed that profitability and growth sales have significant affect on capital structure. Profitability have significant negative affect and growth sales have significant positive affect. The conclusion of this research showed that the capital structure on mining and mining service was influenced by profitability and growth sales, while asset structure, firm size, board size and institutional ownership did not have significant affect. The writer suggeststhat the company should improve profitability by increasing company’s sales and stable sales growth in order to reduce the company’s dependence on debt.
The Determinants of Capital Structure on Property and Real Estate Company Period 2012-2016 Ranitasari, Rani; Maftukhah, Ida
Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i4.23499

Abstract

The research aims to know the determinant of capital structure. Population in this research is property and real estate company listed in Indonesia Stock Exchange period 2012-2016. The sample in this research is determined based on purposive sampling which is sampling technique based on certain criteria. Companies that meet the criteria of the sample are 30 companies with research period during 4 years, so obtained the data of 150 observations. The analysis used was multiple linear regression analysis which was preceded by panel data model selection and classical assumption test. The result of random effect model regression test shows that profitability and liquidity have significant negative effect on capital structure, while asset growth has significant positive effect on capital structure, but the firm size and asset structure had no significant positive effect on capital structure.
The Influence of Destination Image, Push and Pull Travel Motivation towards Tourist Loyalty through Tourist Satisfaction Ermawati, Feni; Prihandono, Dorojatun
Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i4.23554

Abstract

This study aims to examine the Tourist Loyalty in one tourism destination which is related to some variables such as Destination Image, Push Motivation, Pull Motivation And Tourist Satisfaction. The model used in this research is developed based on the existing literature. This research examines ten hypothesis of factors influencing the Tourist Loyalty in a tourism destination by the structures questionnaire which involve visitors of Dieng Plateau, Wonosobo regency. The result of the double regression analysis showed that (1) Destination Image, Push Motivation, and Pull Motivation directly influence Tourist Satisfaction; (2) Destination Image, Push Motivation, and Tourist Satisfaction directly influences the Tourist Loyalty (3) Pull Motivation does not influence directly toward Tourist Loyalty; (4) Destination Image, Push Motivation, and Pull Motivation influences the Tourist Loyalty by being mediated by Tourist Satisfaction. This research is expected to provide theoretical insights for next researchers and provide guidance for tourism management as an indicator in planing some efforts related to the development of the right tourism objects influencing the Tourist Loyalty.
Underpricing, Institutional Ownership and Liquidity Stock of IPO Companies in Indonesia Achmad, Immam Nur; Witiastuti, Rini Setyo
Management Analysis Journal Vol 7 No 3 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i3.23672

Abstract

The aim of this study is to explain and describe influence  of underpricing and institutional ownership on the liquidity. Sample of this study is 86 companies which conduct IPO in period 2012-2016. Analitycal technique used is multiple linear analysis. The data used in the form of trading data for 20 days then taken on average and comes form the company’a financial statements obtained from the Indonesia Stock Exchange. The results showed that Underpricing has a significant positive effect on liquidity. Institutional ownership is negatively insignificant to liquidity.
The Impact of Female Diectors on Dividend Policy Maftucho, Wiwit Nur; Khoiruddin, Moh.
Management Analysis Journal Vol 7 No 3 (2018): Management Analysis Journal
Publisher : Management Analysis Journal

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i3.23857

Abstract

The purpose of this study is to explain whether there is any effect of female directors towards dividend policy in developing countries, and whether state ownership moderates the effect of female directors towards dividend policy in developing countries. The population in this study is a non-financial company listed on the Indonesia Stock Exchange and Malaysia stock exchange on the period 2011-2015. The number of samples is 145 data for companies in Indonesia Stock Exchange and 1145 data for companies in Malaysia stock exchange by using purposive sampling method. The dividend payment variables are proxied by the Dividend Payout Ratio (DPR) and Dividend Yield (YIELD), female directors is proxied by the percentage of female directors, the state ownership is proxied by the percentage of share ownership by the government. Censored regression analysis using Eviews9 is used for data analysis. Based on the regression model used, it is found that there is effect of female directors on dividend policy in Indonesia, whereas there is no effect of female directors on dividend policy in Malaysia. However, positive state ownership moderates the effect female directors towards dividend policyt at companies in Malaysia.
The Influence of Family Controlled, Family Leadership and Profitability to Dividend Policy Wijayanto, Andhi; Rochana, Anis
Management Analysis Journal Vol 7 No 3 (2018): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v7i3.23958

Abstract

The aim of this study was to examine the effect of family controlled, family leadership and profitability towards dividend policy (study on familyfirmlisted on Indonesia Stock Exchange period 2012-2016). The population in this study was family company listed on Indonesia Stock Exchange period 2012-2016. The number of samples obtained based on purposive sampling technique as many as 20 companies. The Result of hypothesis test showed that family ownership had negative effect on dividend policy. Family member had negative effect on dividend policy. Family leadership had positive effect on dividend policy. Profitability had negative effect on dividend policy. So, it can be concluded that  firms which were led by CEOs who came from family member often tend to distribute dividends.

Page 22 of 91 | Total Record : 905

 20   21   22   23   24 

Filter by Year

2012 2023


Reset
Filter By Issues
All Issue Vol 12 No 4 (2023): Management Analysis Journal Vol 12 No 3 (2023): Management Analysis Journal Vol 12 No 2 (2023): Management Analysis Journal Vol 12 No 1 (2023): Management Analysis Journal Vol 11 No 4 (2022): Management Analysis Journal Vol 11 No 3 (2022): Management Analysis Journal Vol 11 No 2 (2022): Management Analysis Journal Vol 11 No 1 (2022): Management Analysis Journal Vol 10 No 4 (2021): Management Analysis Journal Vol 10 No 3 (2021): Management Analysis Journal Vol 10 No 2 (2021): Management Analysis Journal Vol 10 No 1 (2021): Management Analysis Journal Vol 9 No 4 (2020): Management Analysis Journal Vol 9 No 3 (2020): Management Analysis Journal Vol 9 No 2 (2020): Management Analysis Journal Vol 9 No 1 (2020): Management Analysis Journal Vol 8 No 4 (2019): Management Analysis Journal Vol 8 No 3 (2019): Management Analysis Journal Vol 8 No 2 (2019): Management Analysis Journal Vol 8 No 1 (2019): Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal Vol 7 No 4 (2018): Management Analysis Journal Vol 7 No 3 (2018): Management Analysis Journal Vol 7 No 3 (2018): Management Analysis Journal Vol 7 No 2 (2018): Management Analysis Journal Vol 7 No 2 (2018): Management Analysis Journal Vol 7 No 1 (2018): Management Analysis Journal Vol 7 No 1 (2018): Management Analysis Journal Vol 6 No 4 (2017): Management Analysis Journal Vol 6 No 4 (2017): Management Analysis Journal Vol 6 No 3 (2017): Management Analysis Journal Vol 6 No 3 (2017): Management Analysis Journal Vol 6 No 2 (2017): Management Analysis Journal Vol 6 No 2 (2017): Management Analysis Journal Vol 6 No 1 (2017): Management Analysis Journal Vol 6 No 1 (2017): Management Analysis Journal Vol 5 No 4 (2016): Management Analysis Journal Vol 5 No 4 (2016): Management Analysis Journal Vol 5 No 4 (2016): Managemant Analysis Journal Vol 5 No 3 (2016): Management Analysis Journal Vol 5 No 3 (2016): Managemant Analysis Journal Vol 5 No 3 (2016): Management Analysis Journal Vol 5 No 2 (2016): Management Analysis Journal Vol 5 No 2 (2016): Management Analysis Journal Vol 5 No 1 (2016): Management Analysis Journal Vol 5 No 1 (2016): Management Analysis Journal Vol 4 No 4 (2015): Management Analysis Journal Vol 4 No 4 (2015): Management Analysis Journal Vol 4 No 3 (2015): Management Analysis Journal Vol 4 No 3 (2015): Management Analysis Journal Vol 4 No 2 (2015): Management Analysis Journal Vol 4 No 2 (2015): Management Analysis Journal Vol 4 No 1 (2015): Management Analysis Journal Vol 4 No 1 (2015): Management Analysis Journal Vol 3 No 2 (2014): Management Analysis Journal Vol 3 No 2 (2014): Management Analysis Journal Vol 3 No 1 (2014): Management Analysis Journal Vol 3 No 1 (2014): Management Analysis Journal Vol 2 No 2 (2013): Management Analysis Journal Vol 2 No 2 (2013): Management Analysis Journal Vol 2 No 1 (2013): Management Analysis Journal Vol 2 No 1 (2013): Management Analysis Journal Vol 1 No 2 (2012): Management Analysis Journal Vol 1 No 2 (2012): Management Analysis Journal Vol 1 No 1 (2012): Management Analysis Journal Vol 1 No 1 (2012): Management Analysis Journal More Issue