JBE (Journal of Business and Economics)

PENGARUH FREE CASH FLOW DAN STRUKTUR KEPEMILIKAN SAHAM TERHADAP KEBIJAKAN HUTANG DENGAN INVESTMENT OPPORTUNITY SET SEBAGAI VARIABEL MODERATING

Niel Ananto — 2015-06-30

The aims of this research were to determine the effect of the free cash flow, managerial ownership, institutional ownership on debt policy where investment opportunity set acts as moderate subject at a manufacturing company registered on the Indonesia Stock Exchange. This research was classified as causative study. The population of this research was manufacturing company registered on the Stock Exchange in 2008 until 2010. Total sample were 25 companies. The data collected using purposive sampling method. The data was obtained from the Indonesian Capital Market Directory (ICMD) and www.idx.co.id. Data analysis techniques was used as analysis double regression technique. The result of research show that free cash flow has positive effect on debt policy, managerial ownership hasn’t significant effect on debt policy, institusional ownership has negative effect on debt policy, investment opportunity set weakened the effect of free cash flow on debt policy, investment opportunity set hasn’t signifikan effect when moderated manajerial ownership on debt policy, and investment opportunity set strengthen the effect of institusional ownership on debt policy.

PENGARUH TATA KELOLA PERUSAHAAN YANG BAIK TERHADAP ROTA, DTA, DAN PER PERUSAHAAN YANG TERDAFTAR PADA BURSA EFEK INDONESIA

I Gusti Agung Musa Budidarma — 2015-06-30

This study seeks to find out whether the implementation of Good Corporate Governance has significant effect to ROTA, DTA, and PER. The sample of this study are the firms participating in CGPI research dan rating in 2008 to 2012. Independent variables in this study is Corporate Governance Perception Index and the dependent variables consist of ROTA, DTA, and PER. The findings indicate that partially CGPI has affected significantly to DTA. However, there is no significant influence of CGPI toward ROTA and PER.

PENGARUH PELAYANAN BERKUALITAS TERHADAP KINERJA MINIMARKET DI AIRMADIDI

Indrajit Taliwongso — 2015-06-30

The purpose of the research is to examine the influence of the service quality to consumer’s satisfaction and loyalty at minimarkets in Airmadidi, Minahasa Utara. The result of the research indicates that service quality has influence to both satisfaction and loyalty, and satisfaction too has an effect to loyalty. The result also indicates that consumer satisfaction has more impact on consumer loyalty compared than Service Quality given by the minimarkets in Airmadidi

ANALYSIS OF FACTORS AFFECTING AGENCY COST OF MANUFACTURING COMPANIES LISTED ON INDONESIA STOCK EXCHANGE

Melinda Lydia Nelwan — 2015-06-30

The purpose of this research was to examine the impact of ownership structure, dividend policy, firm size, and capital structure on agency cost. The sample that was used in this research consisted of 32 manufacturing companies listed on Indonesia Stock Exchange in 2010 and 2011. This study used simple linear regression analysis to test the data. Using the convidence interval of 95%, statistical results show that the insider ownership and the capital structure have significant and negative impact on the agency cost. On the other hand, it is found that the institutional ownership has significantly positive impact on the agency cost. However, researcher found no evidence that the dividend policy and firm size have significant impact on the agency cost. These results could be considered as one of the criteria to create proper corporate governance for firms’ management as well as investment criteria for investors.

ANALISA PENGARUH PROFITABILITAS DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN

Tonny Soewignyo — 2015-06-30

Penelitian ini bertujuan untuk menguji pengaruh profitabilitas dan kebijakan dividen terhadap nilai perusahaan dengan populasi penelitian perusahaan go public sektor perbankan yang terdaftar di Bursa Efek Indonesia dari tahun 2012-2014. Sampel penelitian menggunakan metode purposive sampling sehingga diperoleh enam perusahaan perbankan. Data diperoleh dari laporan tahunan dan laporan keuangan yang dipublikasikan dengan hasil penelitian menunjukan bahwa profitabilitas yang diukur dengan return on equity memiliki pengaruh yang signifikan terhadap nilai perusahaan (price to book value). Namun kebijakan dividen (dividend payout ratio) tidak memiliki pengaruh yang signifikan terhadap nilai perusahaan (price to book value). Profit yang tinggi memberikan indikasi prospek perusahaan perbankan yang baik sehingga dapat memicu investor meningkatkan permintaan saham.

PERSEPSI KEGUNAAN INTERNET DAN PENGARUHNYA TERHADAP MINAT BELAJAR MAHASISWA PADA MATAKULIAH MANAGEMENT INFORMATION SYSTEM

Rinny Rantung — 2015-06-30

The purpose of this study was to examine the relationship between perceived usefulness of Internet in terms of whether it has direct or indirect effect on the attitudes of the students in using internet as learning tools, and their interest in learning Management Information System (MIS) course. Perceived usefulness of the Internet in this stuy viewed from three different point of view, namely: perceived usefulness of the Internet for course study, perceived usefulness for social activities and for entertainment. The influence of each of these variables on attitudes and interest in learning MIS course, measured using path analysis method to measure the direct and indirect effect of perceived usefulness and interest in learning MIS course, mediated by attitude. The results of this study found that perceived usefulness influence either directly or indirectly to the interest in learning MIS course, through the attitudes of students in using internet. Furthermore, this study found that the perceived usefulness of the Internet for course study have the most significant effect on the interest in learning MIS course.

FAKTOR - FAKTOR YANG MEMPENGARUHI PENYALURAN KREDIT PERBANKAN SULAWESI UTARA

Fanny Soewignyo — 2015-06-30

Penelitian ini bertujuan untuk menganalisa pengaruh indikator-indikator utama perbankan yang terdiri atas dana pihak ketiga, loan to deposit ratio, dan non performing loan terhadap penyaluran kredit di Sulawesi Utara. Populasi penelitian adalah transaksi seluruh bank umum dan bank perkreditan rakyat periode 2010-2014 dengan menggunakan data per bulan sebagai waktu amatan. Teknik analisa menggunakan uji regresi berganda dan regresi sederhana. Hasil penelitian ini menunjukkan bahwa secara simultan, ketiga indikator utama perbankan berpengaruh signifikan terhadap penyaluran kredit, namun hasil penelusuran secara parsial menunjukkan bahwa hanya dana pihak ketiga yang berpengaruh signifikan, sedangkan loan to deposit ratio dan non performing loan tidak berpengaruh signifikan terhadap penyaluran kredit. Hal ini mengindikasikan bahwa jika penyaluran kredit perbankan pada periode penelitian menggunakan ketiga variabel independen ini sebagai dasar pertimbangan dalam penyaluran kredit, maka ketersediaan dana pihak ketiga yang diutamakan.

ANALISIS PENGARUH RASIO CAMEL TERHADAP HARGA SAHAM PERBANKAN DI INDONESIA TAHUN 2010-2013

Benny Lule — 2015-06-30

This study aimed to see whether there is influence between the ratio of CAMEL proxy with the Capital Adequacy Ratio ( CAR ) , Return on Risk Assets ( RORA ) , Net Profit Margin (NPM ) , Return on Assets ( ROA ) , and Loan to Deposit Ratio ( LDR ) on stock prices . The samples were banking companies listed in Indonesia Stock Exchange in 2010-2013 as many as 26 banks. This research used descriptive method correlation with multiple linear regression analysis . The regression analysis found that there is significant influence between the variables CAR, RORA, NPM, ROA, and LDR on stock prices . Of the five independent variables only ROA which contributes a significant effect on stock prices.

THE INFLUENCE OF PRICING STRATEGY AND STORE CONVENIENCE ON CONSUMER BUYING DECISIONS OF SELECTED SUPERMARKET IN MANADO NORTH SULAWESI

Reggy Sarmita — 2015-06-30

The purpose of this study is to find the significant influence of pricing strategy and store convenience on consumer buying decision and analyzing the result in terms of demographic characteristics which is gender, age, and occupation. This study used descriptive research methodology to explain the influence of pricing strategy and store convenience as independent variables on consumer buying decision as dependent variable. Population of this study is the retail shoppers in Manado that either had visiting or had shopping experience in the supermarket and sampling method used is non-probability sampling. A total of 320 completed self-administrated questionnaires were used for analyzing. Simple linear regressions and multiple linear regressions method are used to describe the significant influence of pricing strategy and store convenience on consumer buying decision and there were also significant contribution in terms of demographics characteristics; gender, age, and occupation to the influence of pricing strategy and store convenience on consumer buying decision.