Ni Ketut Surasni
UNRAM

Published : 4 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 4 Documents
Search

PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL PEMODERASI PADA PERUSAHAAN SEKTOR PERTANIAN YANG TERDAFTAR DI BURSA EFEK INDONESIA Sigit Cahyono; Ni Ketut Surasni; Hermanto Hermanto
JMM UNRAM - MASTER OF MANAGEMENT JOURNAL Vol. 8 No. 4 (2019): JMM November 2019
Publisher : Master of Management, Mataram University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (387.47 KB) | DOI: 10.29303/jmm.v8i4.455

Abstract

This research aims to analyze the effect profitability to firm value with capital structure as moderating variable in agriculture companies listed on the Indonesia Stock Exchange (IDX). The dependent variable used is firm value (PBV), the independent variable is profitability (ROA), and capital structure (DER) as a moderating variable. The sampling technique was purposive sampling so that the number of samples obtained was 9 companies, with an observation period of 2014-2017. This type of research is associative causal. The analysis technique used in this study is panel date regression (common effect modell) using eviews, with a significant level of 5 percent. Descriptive statistics were also included which included average, median, minimum, maximum, and std. deviation. The results of this study indicate that profitability has a positive and significant effect on firm value and, capital structure is weaken on the relationship of profitability to firm value. Capital structure is a quasi moderating where as the effect of capital structure to firm’s value and the effect of capital structure interaction to firm’s value is also significant.Keywords: Profitability, Capital Structure, Firm Value
EFEK MODERASI PROFITABILITAS DAN LEVERAGE DALAM PENGARUH KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA Fakhri Ryan Cahyanto Putra; Budi Santoso; Ni Ketut Surasni
JMM UNRAM - MASTER OF MANAGEMENT JOURNAL Vol. 8 No. 4 (2019): JMM November 2019
Publisher : Master of Management, Mataram University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (423.865 KB) | DOI: 10.29303/jmm.v8i4.456

Abstract

This study aims to analyze the effect of dividend policy (DPR) on company value (PBV) with profitability (ROE) and leverage (DER) as moderation variable at manufacturing company listed in Indonesia Stock Exchange (IDX). Sampling technique is purposive sampling so the number of sample obtained are 16 companies, with year observation period are 2013-2016. Analysis technique used in this research is inferential statistic (regression linear) using Gretl, with 5 percent of level significant. It also performed descriptive statistic that include mean, median, minimum, maximum, and std. deviation. The results of this study indicate that dividend policy has a positive and significant effect on company value. Profitability is not able to moderate the influence of dividend policy on firm value and leverage can strengthen the influence of dividend policy on the value of companies in the manufacturing sector listed on the Indonesia Stock Exchange in 2013-2016.Keywords: Dividend Policy; Company Value; Profitability and Leverage 
KAJIAN DAMPAK KEPEMIMPINAN DAN BUDAYA ORGANISASI TERHADAP KNOWLEDGE SHARING DI PERUSAHAAN DAERAH AIR MINUM PULAU LOMBOK Hermanto Hermanto; Agusdin Agusdin; Surati Surati; Ni Ketut Surasni
JMM UNRAM - MASTER OF MANAGEMENT JOURNAL Vol. 9 No. 2 (2020): JMM Juni 2020
Publisher : Master of Management, Mataram University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (643.21 KB) | DOI: 10.29303/jmm.v9i2.548

Abstract

Tujuan penelitian  ini adalah menguji dan menjelaskan pengaruh langsung kepemimpinan dan budaya organisasi terhadap knowledge sharing yang secara teori bisa berpengaruh di PDAM se-Pulau Lombok. Penelitian ini menggunakan pendekatan kuantitatif dan pengumpulan data dengan metode survey dengan metode analisis data yang digunakan adalah partial least square.Hasil penelitian menunjukkan bahwa kepemimpinan dan budaya organisasi memiliki pengaruh langsung positif dan signifikan terhadap proses knowledge sharing berdasarkan indikator socialization, externalization, combination dan internalization.Keterbatasan penelitian ini terletak pada ruang yang terbatas hanya di lingkungan PDAM Pulau Lombok yang terdiri dari 4 PDAM sehingga diperlukan kajian yang lebih luas untuk memperkuat hasil penelitian. Selain itu perlu dipertimbangkan menggunakan variabel lain sebagai enabler dari knowledge sharing. Kata kunci :    Kepemimpinan, Budaya Organisasi, Knowledge Sharing, Partial Least Square, Kinerja Organisasi
RENT EXTRACTION PADA PERUSAHAAN DENGAN STRUKTUR KEPEMILIKAN TERKONSENTRASI DI BURSA EFEK INDONESIA Ni Ketut Surasni; Hermanto Hermanto
JMM UNRAM - MASTER OF MANAGEMENT JOURNAL Vol. 9 No. 4 (2020): JMM November 2020
Publisher : Master of Management, Mataram University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1032.256 KB) | DOI: 10.29303/jmm.v9i4.625

Abstract

This study aims to examine the existence of rent extraction by examining the market reaction to the increase and decrease in dividends. For this purpose, the method used is an event study. Market reaction is measured using cumulative average abnormal return (CAAR). If CAAR is high> CAAR is low. hence rent extraction is proven, dividends are proven to relieve conflict between majority and minority. By using the difference test, it was not proven that high CAAR> low CAAR. These results indicate that investors do not react to increases or decreases in dividends. In companies with a concentrated ownership structure, dividends do not function as a reliever for conflicts between majority and minority. Kata kunci: Concentrated ownership structure, rent extraction, dividends.