Primanomics : Jurnal Ekonomi & Bisnis最新文献

{"title":"Mediation Effects Of Capital Structure And Profitability On The Influence Of Sales Growth On Firm Value In Consumer Goods Companies","authors":"Cindy Natalia, E. Purnama, L. D. Tampubolon","doi":"10.31253/pe.v19i3.633","DOIUrl":"https://doi.org/10.31253/pe.v19i3.633","url":null,"abstract":"Firm value is important for a company thus, many companies compete with other companies to get better Firm value. A company that has a good Firm value is considered having a better performance so that it becomes an attraction that can increase Firm value. Firm value of a company can be recognized from stock price in the stock market which is called Indonesia Stock Exchange. Investors are seen as a determinant of Firm value. The higher Firm value of a company describes that the company’s performance is in a good condition. When the investors catch a good signal from the company, it will encourage them to buy the shares. This research is a quantitative study which aims to find out the influence of Sales Growth to the Firm value of a company that is mediated by Capital Structure and Firm value. This study uses Consumer Goods Companies that are listed in Indonesia Stock Exchange and the financial reports used range from 2015 to 2019. This study used nonrandom sampling which is Purposive Sampling to obtain 26 out of 60 companies to be tested with five sub-sectors, namely: Cosmetics and Household, Food and Beverages, House ware, Pharmaceuticals, and Tobacco Manufacturers. Multiple linear regression analysis technique using SPSS system version 25. Sales Growth Variable (X), Capital Structure (Z1) and Profitability (Z2) have an effect on Firm value (Y) with determinant value R2 = 40.9%, Sales Growth Variable (X) affects Capital Structure (Z1) with determinant value R2 = 39.5% and Sales Growth (X) to Profitability (Z2) with determinant value R2 = 4.5%. In the t test, it can be concluded that Sales Growth has no effect on Firm value. Capital Structure and Profitability have an effect on Firm value. Sales Growth has a significant positive effect on Capital Structure and a significant negative impact on Profitability. The mediating variable, which is Capital Structure, is able to act as mediator between Sales Growth and Firm value while profitability is unable to act as mediator between Sales Growth and Firm Value","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi & Bisnis","volume":"154 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124374119","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Effect Of Additive Covid19 Positive Cases And World Gold Prices On The Joint Share Price Index In Indonesia Stock Exchange Period July 2020 - December 2020","authors":"V. Hanitha, Marselia Purnama, Octavianti Purnama","doi":"10.31253/pe.v19i3.639","DOIUrl":"https://doi.org/10.31253/pe.v19i3.639","url":null,"abstract":"This research was conducted on the price of the Composite Stock Price Index in the Indonesia Stock Exchange. In this study using a purposive sample method as a sampling method. The samples used were world gold prices, additional positive cases of Covid19, and IHSG from July 2020 to December 2020 so that 121 observational data were obtained. In testing the hypothesis in this study, it was carried out in five ways, namely the classical assumption test, multiple linear regression analysis, partial test (t test), simultaneous test (f test), and the coefficient of determination test. From the results of the eviews test, it was found that the addition of positive cases of covid19 and world gold prices affected the JCI both partially and simultaneously with an R square value of 0.416189 or 41.6189%.","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi & Bisnis","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132315392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Effect Of Firm Size And Total Assets Turnover (Tato) On Firm Value Mediated By Profitability In Wholesale And Retail Sector Companies","authors":"Mario Hasangapon, Deni Iskandar, E. Purnama, L. D. Tampubolon","doi":"10.31253/pe.v19i3.635","DOIUrl":"https://doi.org/10.31253/pe.v19i3.635","url":null,"abstract":"This research is a quantitative study from financial reports of wholesale and retail companies from 2016 to 2019 which are listed in Indonesia Stock Exchange, which aim to find out: 1) The effect of Firm Size on Firm Value (2) The effect of Total Asset Turnover (TATO) against Firm Value, (3) The effect of Profitability on Firm Value, (4) The effect of Firm Size on Profitability, (5) The effect of Total Asset Turnover (TATO) on Profitability as mediator and (7) The effect of Total Asset Turnover (TATO) on Firm Value with Profitability as mediation. The company’s management will provide good performance which can be observed from the financial reports. This will give signals to the investors that the company is in good condition so that the investors are willing to invest their funds in that company. The samples from this study is trading companies consisting of 47 wholesale companies and 15 retail companies in which 15 companies are matched with the criteria. The sample selection technique used is purposive sampling to obtain 15 out of 57 companies matched with the criteria to be tested. This study used a multiple linear regression analysis techniques using SPSS 25. The data analysis technique used in this study is the classical assumption test including the normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. The data analysis used to test the hypothesis is the f test and t test and path analysis to test the mediation of profitability. In the variable of firm size, TATO and profitability on firm value, have a determinant value R2 of .313, on the other hand, the variable firm size and TATO on profitability has a determinant value of R2 of .074. In conclusion, (1) The size of a company has no significant effect on Firm Value with the Sig. result .317 (2) TATO has a significant positive effect on Firm Value with Sig. result .000 (3) Profitability has a positive significant effect on Firm Value with Sig. ROA .007 (4) The firm size has a significant positive effect on probability with value Sig. result .012 (5) TATO has no significant effect on Probability with Sig. result .0480 (6) Profitability is able to mediate firm size on firm value (7) Profitability is unable to mediate TATO on firm value.","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi & Bisnis","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126801865","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A Business Model Analysis On Hj Nina’s Rental Housing Using Business Model Canvas Approach","authors":"Puti Lenggo Ginny, A. Andy","doi":"10.31253/pe.v19i3.637","DOIUrl":"https://doi.org/10.31253/pe.v19i3.637","url":null,"abstract":"Tangerang City has great potential for the growth of residential property projects. This region called thriving city due to economic growth which Tangerang City quite significantly from National. Terms of geographical, Tangerang City have access to strategic Jakarta so many transportation infrastructure could trigger growth property in the area. With the existence of business opportunities related to housing in Tangerang City, Mrs Hj Nina take advantage of these business opportunities by building land owned by property for a rented houses. But in running her business, Mrs Hj Nina has the main obstacle is competition around rented houses. One of the ways that Mrs Hj Nina’s rented house can explore the existing potential is by analyzing the right business model. Based on the results of the research on the identification of business model elements that exist in the house of Mrs Hj Nina, the author proposes several improvement programs for Mrs Hj Nina, namely expanding the house rent, develop business rented by diversifying business, adding facilities, doing community service, the owner having face to face meetings with rented houses, and house renters are active in the activities of local residents. With proposal the program for the improvement is expected to makes a business Mrs Hj Nina can develop and survived in the field of the business.","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi & Bisnis","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132674554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Analysis of Factors Affecting Visitor Decision Making to Stay at Hotels (Case Study at Hotel in Umbulharjo District, Yogyakarta Special Region)","authors":"Fx. Pudjo Wibowo, Fidellis Wato Tholok, Sugandha Sugandha","doi":"10.31253/pe.v19i3.636","DOIUrl":"https://doi.org/10.31253/pe.v19i3.636","url":null,"abstract":"The purpose of this paper is to determine the price, location, promotion, service partially (individually) or simultaneously (jointly) to the decision making to stay at a hotel in the District of Umbulharjo, the Special Region of Yogyakarta. The t test shows that the magnitude of the variable price (X1) partially has a positive and significant effect (t value of price is 1.977.> t table 1.65 and .0049 <0.05 on (decision making to stay) at hotels in Umbulharjo District, Yogyakarta Special Region, variable location (X2) partially affects positive and significant (location value t count 3.519.> t table 1.65 and .0001 <0.05 against (decision making to stay) at hotels in Umbulharjo District, Yogyakarta Special Region, promotion variable (X3) partially has a positive and significant effect (t value promotion 3664.> t table 1.65 and .0000 <0.05 against (decision making to stay) at P There are hotels in the District of Umbulharjo, Yogyakarta Special Region, the service variable (X4) partially has a positive and significant effect (the t count value of service is 9,748. > t table 1.65 and .0000 <0.05 to (decision making to stay) at hotels in Umbulharjo District, Yogyakarta Special Region, and for the F test results obtained for the calculated F value of 249.643 with a significance value of 0.000 so that the value of F count> F table or 249.643> 3.87 or the level of significance (sig) 0.000 <0.05, it can be concluded that the effect simultaneously (together) between price, location, promotion and service, on (decision making to stay) at hotels in Umbulharjo District, Yogyakarta Special Region and The adjusted R2 value in this study means that variance in decision making can be explained by price, location, promotion and service through a model of 56.3% and the remaining 43.7% comes from other variables outside of price, location, promotion and service variables. ","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi &amp; Bisnis","volume":"18 4S3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120855886","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Effect Of Capital Structure Mediation On The Influence Of Liquidity And Profitability On Firm Value","authors":"Laprina Siahaan, L. D. Tampubolon, Deni Iskandar","doi":"10.31253/pe.v19i3.634","DOIUrl":"https://doi.org/10.31253/pe.v19i3.634","url":null,"abstract":"The title of this research is \"The Effect of Capital Structure Mediation on the Effect of Liquidity and Profitability on Firm Value\". The purpose of this study is that real estate companies listed on the Indonesia Stock Exchange (IDX) know the factors that can affect Firm Value, as well as the effect of capital structure as a mediation. The independent variables used in this study are Liquidity, Profitability, and Capital Structure. The population used is the financial statements of real estate companies for the period 2016 to 2019. The purposive sampling method was used to take the research sample. There are at least 25 companies that were successfully taken in this study. The results of this study indicate that the Profitability and Capital Structure variables have a positive influence on Firm Value, while Liquidity does not. The coefficient of determination shows that 21% of the Firm value can be explained by using these three variables. Liquidity and Profitability have a negative influence on the Capital Structure. Also, the function of capital structure is able to mediate the effect of Liquidity on Firm Value, while Profitability does not. The coefficient of determination shows 38% of Firm Value which is associated with the variables of Liquidity, Profitability, and Capital Structure as mediation","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi &amp; Bisnis","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114789378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Build A Koperasi Organization As A Big House Of Umkm In Tangerang City","authors":"Asep Sugara, M. Sukamto","doi":"10.31253/pe.v19i3.632","DOIUrl":"https://doi.org/10.31253/pe.v19i3.632","url":null,"abstract":"This study aims to explain the existing conditions of out-of-pocket koperasi organization in Tangerang City and explain the pattern of synergism between urban village koperasi organization and UMKM, so as to create business competitiveness based on a sustainable populist economy by utilizing various potentials. The results showed that the existence of sub-district koperasi organization in Tangerang City still seemed forced and less able to synergize with existing UMKM. Koperasi organization should be able to become homes for UMKM by utilizing the potential that exists in the region as well as the penta helix model of cooperation. Koperasi organization and UMKM must also be able to utilize and use information and technology for business management and marketing of their products or services.","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi &amp; Bisnis","volume":"78 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122450670","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Role of Entrepreneurial Role Model Influencer and Entrepreneurship Education towards Entrepreneurial Intention","authors":"Kylie Julia Ahmad, Cliff Kohardinata, Clarissa Rachmadella Roshidawati","doi":"10.31253/pe.v19i3.615","DOIUrl":"https://doi.org/10.31253/pe.v19i3.615","url":null,"abstract":"The purpose of this research is to find out the effect of entrepreneurial role model influencer and entrepreneurship education towards entrepreneurial intention. The concept of entrepreneurial role model influencer combines the concept of social media influencer with entrepreneurial role model, this is new variables and have never been used in any research. This research uses a multiple linear regression approach, the sample of this research is 153 International Business Management students of Ciputra University. The result of this research shows that the entrepreneurial role model influencer and entrepreneurship education have a significant impact on entrepreneurial intention.","PeriodicalId":239439,"journal":{"name":"Primanomics : Jurnal Ekonomi &amp; Bisnis","volume":"198 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133869596","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}