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CSR EFFECT ON MARKET AND FINANCIAL PERFORMANCE Dewi, Dian Masita
El Dinar Vol 1, No 02 (2013): El Dinar
Publisher : UIN Maulana Malik Ibrahim Malang

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Abstract

This study aims to predict causality model [33] effect of Corporate Social Responsibility on financial performance. This study also examines motivation of CSR implementation based on financial performance and market performance in non-financial public companies and banks that disclose CSR activities and listed at Indonesia Stock Exchange during 2007–2009. Numbers of samples were 46 companies. Data was analyzed by GSCA. Research result showed that there was a significant direct effect between CSR on Return on Assets (ROA), Return on Equity (ROE). In contrast, there was no significant direct effect between CSR on Market Value Added (MVA). In addition, there was a significant direct effect between Return on Assets (ROA) on CSR, Return on Equity (ROE) on CSR and there was no significant direct effect between Market Value Added (MVA) on CSR. There were three empirical findings novelties of this study. First, return on assets (ROA) has positive effect on CSR and otherwise CSR has positive effect on ROA. Second, ROE has positive effect on CSR and otherwise CSR has positive effect on ROE. Last, MVA affect on CSR and otherwise CSR affect on MVA.  
PENGARUH LIKUIDITAS, LEVERAGE, UKURAN PERUSAHAAN TERHADAP KEBIJAKAN DIVIDEN TUNAI DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING Dewi, Dian Masita
Jurnal Bisnis dan Ekonomi Vol 23 No 1 (2016): vol. 23 no. 1 EDISI MARET 2016
Publisher : Jurnal Bisnis dan Ekonomi

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Abstract

The purpose of this research to clarify the effect of liquidity , leverage , size of the company to cash dividend policy with profitability as an intervening variable. The population in this study are all companies listed on the Indonesia Stock Exchange period 2012 - 2014 totaling 141 companies. The samples using purposive sampling method which was then acquired 19 manufacturing companies. The analytical method used is path analysis. The results obtained in this study is the liquidity does not affect the profitability and the size of the company while the leverage effect on profitability. Profitability affect the cash dividend policy. Profitability can not be intervening variables for liquidity, leverage and the size of the company against cash dividend policy. Conclusions from this research that the amount of leverage and the size of the company proved capable of affecting low profitability. Companies that have a large profitability does not always give a high dividend. Suggestions for investors who want high dividends should choose companies with low debt levels. For companies should fulfill their financial filled with their own capital. For further research should use a broader sample. keyword: liquidity , leverage, size of the company, cash dividend policy and  profitability
PENGARUH LIKUIDITAS, LEVERAGE, UKURAN PERUSAHAAN TERHADAP KEBIJAKAN DIVIDEN TUNAI DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING Dewi, Dian Masita
Jurnal Bisnis dan Ekonomi Vol 23, No 1 (2016): vol. 23 no. 1 2016
Publisher : Jurnal Bisnis dan Ekonomi

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Abstract

The purpose of this research to clarify the effect of liquidity , leverage , size of the company to cash dividend policy with profitability as an intervening variable. The population in this study are all companies listed on the Indonesia Stock Exchange period 2012 - 2014 totaling 141 companies. The samples using purposive sampling method which was then acquired 19 manufacturing companies. The analytical method used is path analysis. The results obtained in this study is the liquidity does not affect the profitability and the size of the company while the leverage effect on profitability. Profitability affect the cash dividend policy. Profitability can not be intervening variables for liquidity, leverage and the size of the company against cash dividend policy. Conclusions from this research that the amount of leverage and the size of the company proved capable of affecting low profitability. Companies that have a large profitability does not always give a high dividend. Suggestions for investors who want high dividends should choose companies with low debt levels. For companies should fulfill their financial filled with their own capital. For further research should use a broader sample. keyword: liquidity , leverage, size of the company, cash dividend policy and  profitability
PENGARUH PROFITABILITAS, PAJAK DAN GROWTH OPPORTUNITY TERHADAP NILAI PERUSAHAAN MELALUI STRUKTUR MODAL SEBAGAI VARIABEL INTERVENING Prasetyo, Fajar Eka; Swandari, Fifi; Dewi, Dian Masita
JWM (Jurnal Wawasan Manajemen) Vol 5, No 1 (2017)
Publisher : Program Magister Manajemen

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Abstract

This study aims to analyze the direct effects on profitability, taxes and growth opportunity on firm value as well as the indirect influence for profitability, tax and growth opportunity to firm value through a capital structure oncompanies and mining companies listed in Indonesia Stock Exchange in 2011-2014 period. The results showed that (i) profitability and growth opportunity hada positive effect on the capital structure, (ii) taxes hada negative effect on the capital structure, (iii) profitability and capital structure hada positive effect on firm value, (iv) taxes and growth opportunity hadno effect on firm value, (v) profitability and growth opportunity affected firm value through a capital structure as an intervening variable.Multinational companies and mining companies in Indonesia Stock Exchange tried to use external funding to run their operations to shrink the tax paid in order to obtain large profits and to increase firm value.  
PENGARUH PENGUNGKAPAN ISLAMIC SOCIAL REPORTING (ISR) TERHADAP NILAI PERUSAHAAN DENGAN KINERJA KEUANGAN SEBAGAI VARIABEL MODERATING Setiawan, Iwan; Swandari, Fifi; Dewi, Dian Masita
JWM (Jurnal Wawasan Manajemen) Vol 6, No 2 (2018)
Publisher : Program Magister Manajemen

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Abstract

This study aims to examine the influence of Islamic Social Reporting (ISR) disclosure on corporate value and the influence of financial performance in moderating the disclosure of Islamic Social Reporting (ISR) on corporate value through media annual report. This research is expected to increase the repertoire of science in the field of financial management, especially about the influence of Islamic social responsibility disclosure to corporate value and financial performance in moderating the influence of Islamic Social Reporting (ISR) on corporate value.This study was conducted on the annual report of 25 sharia issuers incorporated in the Jakarta Islamic Index (JII) during the period 2013-2016. Hypothesis testing used regression techniques with moderating variable.            The results of this study indicate that Islamic Social Reporting (ISR) affect the corporate value. Listed Sharia issuers in the Jakarta Islamic Index (JII) are able to provide information on corporate social responsibility disclosure in annual report to increase stakeholders' trust in the sharia system applied in the company in order to increase the corporate value in the eyes of stakeholders, although none of the companies disclose information completely. Financial performance may not be able to moderate the influence of Islamic Social Reporting (ISR) on corporate value. It is alleged that Islamic Social Reporting (ISR) is able to moderate the influence of financial performance on the corporate value.
PENGARUH KEBIJAKAN DIVIDEN DAN FAKTOR LAINNYA TERHADAP VOLATILITAS HARGA SAHAM PERUSAHAAN PERTAMBANGAN ,, Surahmat; Swandari, Fifi; Dewi, Dian Masita
JWM (Jurnal Wawasan Manajemen) Vol 5, No 2 (2017)
Publisher : Program Magister Manajemen

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Abstract

This research aims to analyze the Effects of dividend yield (X1), dividend payout ratio (X2), and other factors, such as  size(X3), debt to asset ratio (X4), growth  (X5), and earning volatility (X)  toward  Share Price Volatility. The population in this study was mining companies listed in Indonesian Stock Exchage in the 2010-2014 period. The sampling method used was purposive sampling. Samples were selected based on predetermined criteria and so 10 companies were obtained as the samples. The research data were secondary data obtained from Indonesian Capital Market Directory and Annual Report in the2010-2014 period. The research hypothesis testing used the technique of multiple linear regression with Statistical Package for Social Science software version 22.The result of the research concludes that dividend payout ratio (DPR), size, debt to asset ratio (DAR), and earning volatility have negative and signicant effects on share price volatility. Other two independent variables, Dividend Yield and  Growth, have no significant effect on share price volatility.The companies can influence and control the volatility of share price through dividend policy with higher payment dividend payout ratio.
PENERAPAN PERMENAKER NO 15 TAHUN 2005 DALAM PENGHEMATAN BIAYA PADA PERUSAHAAN PT ABC Mualif, Muhammad; Yusniar, Meina Wulansari; Dewi, Dian Masita
JWM (Jurnal Wawasan Manajemen) Vol 6, No 1 (2018)
Publisher : Program Magister Manajemen

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Abstract

PT ABC implemented a policy regarding the basic changes of calculation of overtime wages for non-staff employees according to the memo published by the company concerning the implementation of overtime wage calculation system based on the regulation of the Permenaker no 15 year 2005. This research is conducted to determine whether the implementation of Permenaker no 15 year 2005 at PT ABC as the basic calculation of overtime wages for non staff employees makes PT ABC more efficient or not. This research is a descriptive quantitatif. The research variables are salary and overtime payment. The population of this research is non staff employees as many as 2.615 people. The data used is secondary data. The result of this research showed that implementation of Permenaker no 15 year 2005 makes PT ABC save the cost 20% in the payroll period of September 2013 compared to before it was implemented.
PERBANDINGAN PREDIKSI FINANCIAL DISTRESS DENGAN MENGGUNAKAN MODEL ALTMAN, SPRINGATE DAN OHLSON Putera, Fairuz Zabady Zainal Abidin; Swandari, Fifi; Dewi, Dian Masita
JWM (Jurnal Wawasan Manajemen) Vol 4, No 3 (2016)
Publisher : Program Magister Manajemen

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Abstract

The lowering of coal price and the uncertainty of world oil prices affect the high operational costs of coal enterprises. The Continuous lowering of coal prices causes financial distress. Financial distress is defined as financial condition before the bankcruptcy.The purpose of this research are to predict and compare the financial distress among the models of Altman, Springate and Ohlson at coal mining company listed on the Indonesia Stock Exchange in the period of 2008 - 2014. This type of research is included in a comparative. The population are the coal companies financial statements listed on the Indonesian Stock Exchange (BEI) in the period 2008-2014. The sampling with used purposive sampling which acquired 7 companies. Data analysis used Altman, Springate and Ohlson’s  models. The hypothesis is tested Kruskal-Wallis test. The results of research showed  that Springate’s model has better accuracy than Altman model and Ohlson model. Results hypothesis testing with the Kruskal-Wallis test concluded there were no differences among the financial distress the model Altman, Springate and Ohlson models at coal mining companies in the Indonesia Stock Exchange in the period 2008-2014.