FARAH MARGARETHA
Fakultas Ekonomi dan Bisnis Universitas Trisakti

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Pengaruh manajemen modal kerja terhadap profitabilitas pada usaha kecil dan menengah di Indonesia FARAH MARGARETHA; CINDY OKTAVIANI
Jurnal Bisnis dan Akuntansi Vol 18 No 1 (2016): Jurnal Bisnis dan Akuntansi
Publisher : Pusat Penelitian dan Pengabdian Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (364.86 KB) | DOI: 10.34208/jba.v18i1.33

Abstract

This study aims to determine the effect of the components of working capital management, which consists of cash conversion cycle, days in account receivable period, days of inventory, and days in account payable period for profitability measured by return on asset, return on equity and gross operating profit. The sample used in this research includes 42 SMEs that ever listed on PEFINDO25 index 2009-2014. The results showed that there was a negative effect from cash conversion cycle on return on assets and a positive effect on return on equity. The components of working capital include days in accounts receivable period positively affect return on assets and return on equity, while days of inventory negatively affect return on assets and a positive effect on return on equity and gross operating profit, and days in accounts payable period positively affect gross operating profit. Meanwhile leverage have negative effect on gross operating profit. While size does have positive effect to the profitability. These results indicate that the company's managers and investors need to pay attention to the cash conversion cycle, days in accounts receivable period, days of inventory, accounts payable days in period leverage and size to increase profitability in SMEs. In addition, the government can also provide credit policy and creating a business environment conducive to SMEs.
Mengembalikan Kejayaan Pasar Tanah Abang Di Era Pandemi Melalui Peningkatan Kinerja Para Pedagang (UMKM) Raden Ajeng Entaresmen; Farah Margaretha; Henik Hari Astuti; Gusti Dia Karima; Putri ufiandah
PROGRESIF: Jurnal Pengabdian Komunitas Pendidikan Vol 2 No 1 (2022)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta (BPJP - STEI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (691.501 KB) | DOI: 10.36406/progresif.v2i1.549

Abstract

Micro, Small and Medium Enterprises (MSMEs) from time to time have increased. The business people also produce various types of products. MSMEs are one of the breakthroughs in increasing economic growth in the midst of society to achieve adequate living welfare. MSMEs are the pillars of the Indonesian economy, because they help the community's economic growth. Community independence is like business people. This MSME is expected to be able to reduce the unemployment rate if you look at the fact that employment opportunities are increasingly limited and the number of workers who have not been absorbed continues to grow. The main problems of MSMEs today are mainly related to difficulties in terms of marketing and financial management. As well as the lack of various trainings in terms of marketing their products and simple financial management methods for MSME actors, so as to improve welfare for MSME actors with sharia concepts. The problem can be formulated, how to improve the welfare of SMEs with the concept of sharia. The goal is to be able to solve the problems formulated above, so this activity is aimed at providing training to improve the welfare of MSMEs. This activity is carried out by: The implementation of this community service activity begins with a problem survey and continues with a coordination meeting with the MSMEs in the Tanah Abang Market, Central Jakarta. This activity ends with an evaluation of the effectiveness of activities by monitoring the business that will be started by each group of MSMEs. The implementation method carried out in this PKM activity is to conduct training by increasing the welfare of MSMEs with sharia concepts through the fields of marketing and finance. This training is also equipped with examples of improving the welfare of MSMEs.
DETERMINASI VARIABEL AKUNTANSI TERHADAP PENENTUAN KEBIJAKAN STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR DI INDONESIA Indra Saputra; Farah Margaretha
Jurnal Magister Akuntansi Trisakti Vol. 2 No. 1 (2015): Februari
Publisher : LEMBAGA PENERBIT FAKULTAS EKONOMI DAN BISNIS UNIVERSITAS TRISAKTI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (15756.477 KB) | DOI: 10.25105/jmat.v2i1.4941

Abstract

Decisions incompliance with the company's funds come fromits own capital (equity) or by foreign capital (debt). The purpose of this study was to determine the effect of firm size, profitability, business risk, asset structure, cash holdings, non-debt tax shield, signaling and growth effects of capital structure policy. This research was conducted on37samples of companies listed on the Indonesia Stock Exchange(IDX) using time series data from 2008-2011. This study uses multiple linear regression to test the hypothesis to see the contribution of each variable individually and simultaneously in influencing the structure of funding. The results show that firm size, asset structure, and signaling effect has a positive and significant effect on the capital structure policy. Other variables, namely business risk and cash holdings have a negative correlation and significant effect on the capital structure of these results support the trade of theory and pecking order theory. Further testing of profitability, non-debt tax shield and the growth does not affect the capital structure in manufacturing companies. If the company uses debt funding source soft he factors accounting variables such as firm size, asset structure, business risk and the effect of signaling a decisive factor in the decision making of the company's capital structure policy so as to provide optimal results.