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Implikasi Value Added Intellectual Capital Terhadap Financial Company’s Performance Ekadjaja, Margarita; Ekadjaja, Agustin; Siswanto, Halim Putera
Manajemen Bisnis Kompetensi VOL. 14 NO. 01 JANUARI - JUNI 2019
Publisher : Manajemen Bisnis Kompetensi

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Abstract

Economic developments are increasingly complex, raising issues in research in the field of intellectual capital. The company’s ability to be competent in competition does not only lead to ownership of real assets but rather leads to new discoveries in managing the organization and human resources of the company. This study analyzes intellectual capital (as an independent variable) and financial company’s performance (as the dependent variable, namely Return On Assets, Return On Equity and Asset Turnover), on banking companies listed on the Indonesia Stock Exchange for 3 years (2015-2017). The differentiator of this research with previous research is the addition of measuring the ratio of company activity in evaluating company performance. The subject of banking companies is because the banking industry is one of the most intensive sectors of intellectual capital. The purpose of this study was to analyze the implications of value added intellectual capital on a company’s financial performance as measured by Return on Assets, Return on Equity, and Assset Turnover. After knowing the variables of value added intellectual capital that have implications for the company’s financial performance, it can be used as a basis for the company in an effort to increase the value of the firm. Based on partial testing, Value Added of Intellectual Capital has a significant positive effect on Return on Assets and Return on Equity, but a negative and not significant effect on Asset Turnover.Keywords: Intellectual Capital, Return On Asset, Return On Equity, Asset Turnover
Eksistensi gosip di media sosial dalam menentukan return saham di bursa efek indonesia dan persistensi pengaruhnya bersama hari bursa Widoatmodjo, Sawidji; Siswanto, Halim Putera
Jurnal Ekonomi Vol 22, No 2 (2017): July 2017
Publisher : Fakultas Ekonom dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/je.v22i2.223

Abstract

It isn’t easy to define whether a stock return is determined by a certain factor or trading days. There were many research evidence that some factors had influenced stock return. There were also, however, many researches on stock return anomaly providing the facts that stock return, especially their abnormal returns, were caused by specific trading days, such as week-day effect, January effect, and many others. This research attempts to explore this logic. We tested the impact of gossips that spreaded-out through social media, as a certain factor, and all trading days in a week to a stock return. We used the gossips in social media as response of the massive use of the internet in stock investment. The existence of the gossips is more strengthened by the existence of noise traders. Nowadays, noise traders use the internet, such as mailing list, message board, facebook, and others, that are called as social media, as a media to spread gossips. This research investigates whether gossips spreaded through mailing list have a role in mispricing, so then it can be used to determine the stock return. If they have the role, then how long is the persistence? To anticipate the impact of trading days, this research also includes trading days as a control variable. Using multivariate statistical technique and combined with event study with five windows (five days before and after a gossip has been posted), this research analyzes the stock return that gets the most gossips posted by investors. The result suggests that the gossips in social media don’t show significant influence on the stock return, and automatically no persistence exists. Based on that result, the conclusion is that the gossips in social media can’t be used to determine the stock return. The implication is that even social media can facilitate the stock transaction better, the investors in Indonesia Stock Exchange can’t exploit the gossips in social media for taking profit through behaving as noise traders.
PRODUK PERUSAHAAN PEMBIAYAAN DAN TEKNIK PENCATATAN SECARA AKUNTANSI SEBAGAI PENDUKUNG AKTIVITAS USAHA Siswanto, Halim Putera; Ekadjaja, Margarita; Henny, Henny; Ekadjaja, Agustin
Jurnal Bakti Masyarakat Indonesia Vol 2, No 1 (2019): Jurnal Bakti Masyarakat Indonesia
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (478.915 KB) | DOI: 10.24912/jbmi.v2i1.4310

Abstract

Menjadi wirausahawan (entrepreneur) adalah pilihan yang menantang, karena selain dibutuhkan soft skill untuk melaksanakan kegiatan usahaanya juga diperlukan dana yang cukup untuk membiayai kegiatan usahanya. Suatu kondisi keuangan yang sehat dapat dicapai jika seseorang sudah mengetahui dengan jelas tujuan yang akan dicapai dan mampu mengelola sumber daya keuangannya secara tepat guna mencapai tujuan dimaksud. Selama tujuan penggunaan dari barang atau jasa tersebut merupakan suatu kebutuhan untuk tujuan produktif, maka meminjam dari sumber dana lain seperti perusahaan pembiayaan adalah keputusan yang dapat dibenarkan. Masih terdapat banyak pengusaha Usaha Mikro Kecil Menengah (UMKM) di Indonesia yang memiliki ide-ide usaha kreatif namun belum mendapatkan akses layanan dari jasa pembiayaan yang ada. Hal ini disebabkan karena minimnya pengetahuan mereka tentang perusahaan pembiayaan, analisis kredit, dan teknik pencatatan secara akuntansi. Hal ini yang mendorong perlu dilakukannya program Pengabdian Kepada Masyarakat (PKM). Program PKM ini berupa pelatihan kepada perusahaan Multi Global Electrindo, dikarenakan perusahaan tersebut merupakan perusahaan perseorangan dengan jumlah karyawan yang masih relatif sedikit dan masih memerlukan dana besar. Program PKM ini didanai oleh Direktorat Penelitian Pengabdian Masyarakat Universitas Tarumanagara (DPPM UNTAR). Tujuan pelaksanaan kegiatan PKM ini adalah dapat menghasilkan kontribusi positif bagi entrepreneur dalam hal peningkatan pemahaman mengenai literasi keuangan dan juga sebagai pemicu kegiatan-kegiatan PKM lanjutan untuk membantu program pemerintah dalam hal pengenalan literasi keuangan melalui Universitas Tarumanagara yang mendanai kegiatan ini