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FINANCIAL PERFORMANCE ANALYSIS USING ECONOMIC VALUE ADDED (EVA) AND FINANCIAL VALUE ADDED (FVA) AT PT. ASTRA INTERNATIONAL TBK 2017-2021 PERIOD Fauziah, Nurul; Kurniawan, Agung Widhi; Nurman; Anwar; Amin, Andi Mustika
JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES Vol. 2 No. 2 (2023): MARCH
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/marginal.v2i2.612

Abstract

This study aims to assess the financial performance of PT. Astra International Tbk during the 2017-2021 period by employing the Economic Value Added (EVA) and Financial Value Added (FVA) metrics. The type of research used in this study is descriptive research utilizing a quantitative approach. The population of this study consists of all the financial report data of PT. Astra International Tbk from 2017 to 2021, while the samples include the statements of financial position and profit/loss statements. The data collection technique employed is documentation. The collected data was analyzed using the EVA and FVA calculations. The findings of this study indicate that PT. Astra International Tbk demonstrated positive results in terms of financial performance when measured using EVA, indicating their ability to generate economic value added. Similarly, when measured using FVA, PT. Astra International Tbk achieved positive results, signifying their ability to generate financial value added. Overall, PT. Astra International's performance can be characterized as commendable.
THE INFLUENCE OF CURRENT RATIO, DEBT TO ASSET RATIO AND TOTAL ASSET TURNOVER ON PROFIT CHANGES AT PT. UNILEVER TBK PERIOD 2014-2021 Awalia, Nurilmi; Akbar, Abdi; Nurman; Anwar; Amin, Andi Mustika
JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES Vol. 2 No. 2 (2023): MARCH
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/marginal.v2i2.613

Abstract

This study examines the impact of the Current Ratio, Debt to Asset Ratio, and Total Asset Turnover variables on earnings changes at PT. Unilever Tbk for the period of 2014-2021. The study utilizes secondary data from 32 samples. The analysis involves descriptive analysis, classical assumption tests, multiple linear regression, and hypothesis testing. The findings indicate that the Debt to Asset Ratio variable has no significant partial effect, whereas the Current Ratio and Total Asset Turnover exhibit a significant impact on earnings changes. However, the F test reveals that when considered together, the Current Ratio, Debt to Asset Ratio, and Total Asset Turnover do not have a significant effect on earnings changes. The analysis demonstrates that the Debt to Asset Ratio has no significant impact on changes in earnings, contradicting (H2), which suggests a positive and significant relationship between the two. Conversely, Total Asset Turnover demonstrates a positive and significant effect on earnings changes, supporting (H3) which states a partial and significant influence. Simultaneously, the Current Ratio, Debt to Asset Ratio, and Total Asset Turnover do not significantly affect earnings changes, contrary to (H4) which assumes a significant combined effect. Overall, the results indicate that the Current Ratio partially influences earnings changes, while the Debt to Asset Ratio and Total Asset Turnover do not significantly affect them.
ANALYSIS OF FINANCIAL DISTRESS IN BROADCASTING SUB-SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE Febinda; Ruma, Zainal; Anwar; Amin, Andi Mustika; Ramli, Anwar
JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES Vol. 2 No. 3 (2023): JUNE
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/marginal.v2i3.661

Abstract

Financial distress, also known as financial difficulties, refers to a situation in which a company experiences unhealthy financial conditions or a crisis. It typically starts with increasing liquidity pressure and continues with a decrease in the value of company assets, ultimately leading to bankruptcy. Bankruptcy poses a significant risk for companies; however, this risk can be minimized or prevented through the use of bankruptcy detection models or tools. The purpose of this study was to assess the financial distress of companies in the Broadcasting Sub-Sector listed on the Indonesia Stock Exchange during the period of 2017-2021. The Springate, Zmijewski, and Grover models were employed for this analysis. The study's population comprised companies in the Broadcasting Sub-Sector listed on the Indonesia Stock Exchange during the specified period, amounting to 5 companies. A research sample of 4 companies was selected using a purposive sampling technique. The findings indicate that according to the Springate model, two companies, namely PT. MDIA Tbk with a rate of 80% and PT. VIVA Tbk with a level of 100%, were in a state of financial distress. The Zmijewski model identified PT VIVA Tbk as the only company in financial distress with a level of 80%. Additionally, based on the Grover model, PT. VIVA Tbk exhibited a financial distress level of 40%.
Pelatihan Penyusunan Strategi Pengembangan Bisnis Pada Kelompok Usaha Batu Bata Ipoatmodjo, Tenri S. P. D; Musa, M. Ichwan; Riu, Isma Azis; Amin, Andi Mustika; Abadi, Rahmat Riwayat; Aslam, Annisa Paramaswary
Seminar Nasional Pengabdian Kepada Masyarakat SEMINAR NASIONAL 2023:PROSIDING EDISI 5
Publisher : Seminar Nasional Pengabdian Kepada Masyarakat

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstrak. Pembangunan yang berkelanjutan mampu memberikan peluang bagi banyak orang. Dengan pendapatan yang tinggi untuk menunjangnya, hal ini akan memberikan kesempatan untuk memenuhi kebutuhan dasar seperti tempat tinggal. Bisnis batu bata adalah salah satu dari banyak jenis pekerjaan dalam perekonomian. Salah satu sumber pendapatan masyarakat yang tinggal di Kabupaten Gowa di Provinsi Sulawesi Selatan adalah industri batu bata. Setiap bisnis ingin berkembang, dan salah satu cara untuk mencapainya adalah dengan berupaya meningkatkan pendapatan. Program-program dalam pembangunan masyarakat yang disusun harus memenuhi kebutuhan masyarakat. Adapun perencanaan dalam penyusunan program-program pembangunan atau membangun kegiatan usahanya pada suatu daerah harus dilakukan analisis kebutuhan masyarakat. Bisnis batu bata diperkirakan akan meningkatkan pendapatan masyarakat, dan ketika pendapatan meningkat, kesejahteraan masyarakat dan peluang kerja juga akan meningkat. Agar dapat bersaing, kelompok usaha juga harus fokus pada metode untuk mengembangkan dan mempertahankan usaha yang sudah ada. Analisis SWOT (strength, weakness, opportunity, dan threats) merupakan salah satu metode yang sering digunakan.Kata kunci: bisnis, pengembangan, strategi, SWOT
PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP NILAI PERUSAHAAN (Pada Perusahaan Property dan Real Estate yang Terdaftar di BEI Periode 2018-2022) Satria, Satria; Ramli, Anwar; Amin, Andi Mustika
Jurnal Manajemen Vol 4, No 2 (2024): Agustus
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/jm.v4i2.61013

Abstract

Abstrak. Penelitian ini bertujuan untuk mengetahui dan menganalisis Pengaruh Profitabilitas ( ROA dan ROE) dan Leverage ( DAR dan DER ) Terhadap Nilai Perusahaan Property dan Real Estate yang Terdaftar di BEI Periode 2018-2022. Penelitian ini menggunakan metode kuantitatif yang bertujuan untuk mengetahui pengaruh variabel bebas terhadap variabel terikat dan seberapa besar pengaruh dua variabel atau lebih. Jenis data yang digunakan adalah data kuantitatif dengan sumber data sekunder yang terdiri dari data laporan keuangan Perusahaan Property dan Real Estate yang Terdaftar di BEI Periode 2018-2022 . Metode analisis yang digunakan adalah regresi linear berganda, uji t dan uji f untuk memperoleh hasil mengenai pengaruh variabel independent terhadap variabel dependen. Hasil peelitian menunjukkan bahwa secara parsial Return On Asset berpengaruh positif terhadap nilai perusahaan, Return on Equity berpengaruh Negatif terhadap nilai perusahaan, Debt to Ratio berpengaruh Positif terhadap Nilai Perushaan dan Debt to Equity Ratio Berpengaruh Positif Terhadap Nilai Perusahaan . Sedangkan secara simultan Return On Asset, Return On Equity, Debt to Ratio dan Debt to Equity Ratio  secara bersama sama berpengaruh terhadap Nilai Perusahaan .Kata kunci: Return On Asset, Return On Equity, Debt to Ratio dan Debt to Equity Ratio, Nilai  PerusahaanAbstract . This research aims to determine and analyze the influence of profitability (ROA and ROE) and leverage (DAR and DER) on the value of property and real estate companies listed on the IDX for the 2018-2022 period. This research uses a quantitative method which aims to determine the influence of the independent variable on the dependent variable and how big the influence of two or more variables is. The type of data used is quantitative data with secondary data sources consisting of financial report data from property and real estate companies listed on the IDX for the 2018-2022 period. The analytical method used is multiple linear regression, t test and f test to obtain results regarding the influence of the independent variable on the dependent variable. The research results show that partially Return on Assets has a positive effect on company value, Return on Equity has a negative effect on company value, Debt to Ratio has a positive effect on company value and Debt to Equity Ratio has a positive effect on company value. Meanwhile, simultaneously Return On Assets, Return On Equity, Debt to Ratio and Debt to Equity Ratio together have an effect on Company Value.Keywords : Return On Asset, Return On Equity, Debt to Ratio dan Debt to Equity Ratio, the value of the company 
Analisis Kinerja Usaha pada Rumah Makan Empangku di Palanro Kecamatan Mallusetasi Kabupaten Barru Akbar, Andi Muhammad; Anwar, Anwar; Amin, Andi Mustika; Musa, Chalid Imran; Nurman, Nurman
Jurnal Pendidikan Tambusai Vol. 7 No. 3 (2023): Desember 2023
Publisher : LPPM Universitas Pahlawan Tuanku Tambusai, Riau, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jptam.v7i3.10990

Abstract

Penelitian ini dilatarbelakangi oleh adanya masalah terkait pengukuran kinerja di Rumah Makan Empangku di Kecamatan Mallusetasi Kabupaten Barru. Banyaknya pelanggan, bagusnya fasilitas dan kualitas karyawan ternyata tidak berbanding lurus dengan kinerja keuangan usaha. Sehingga dapat dirumuskan dalam penelitian ini adalah bagaimana analisis kinerja usaha pada Rumah Makan Empangku di Kecamatan Mallusetasi Kabupaten Barru. Tujuan penelitian ini adalah untuk mengetahui bagaimana kinerja udaha Rumah Makan Empangku di Kecamatan Mallusetasi Kabupaten Barru. Penelitian ini menggunakan metode jenis penelitian deksriptif kualitatif dan deksriptif kuantitatif. dengan pendekatan kualitatif. Jenis penelitian ini digunakan untuk mengevaluasi kinerja Rumah Makan Empangku dengan menggunakan Blanced scorecard dalam perspektif keuangan (financial perspektive), perspektif pelanggan (customer perspektive), perspektif proses bisnis internal (internal process perspektive), perspektif pertumbuhan dan pembelajaran (learning and growth perspektive). Hasil Penelitian perspektif keuangan menunjukkan penurunan rasio dari 17% ke 15%. Nilai NPM-nya tergolong baik karena >5%. Perspekti Pelanggan menunjukkan bahwa atribut produk dan jasa untuk kepuasan pelanggan memiliki nilai puas bagi para pelanggannya. Untuk citra usaha, memiliki nilai sangat puas bagi para pelanggannya, dan untuk hubungan dengan pelanggan memiliki nilai sangat puas bagi para pelanggannya. Perspektif Bisnis Internal pada Proses Inovasi Proses Operasi dan Proses Purnajual telah efektif dan efisien. Atribut kapabilitas karyawan untuk kepuasan karyawan memiliki nilai puas bagi para karyawannya. Untuk kapabilitas informasi, memiliki nilai sangat puas bagi para karyawannya, dan untuk motivasi pemberdayaan dan keselrasan, memiliki nilai sangat puas bagi para karyawannya.
Rahasia di balik pembelian: Bagaimana E-WOM dan brand image mempengaruhi keputusan pembelian Skincare di Shopee Sah, Nurul Alfadiza; Amin, Andi Mustika; Musa, Muhammad Ichwan; Aswar, Nurul Fadilah; Hasdiansa, Ilma Wulansari
Implementasi Manajemen & Kewirausahaan Vol 4 No 1 (2024): JURNAL IMKA (APRIL)
Publisher : Prodi Manajemen Fakultas Ekonomi dan Bisnis Universitas Wijaya Putra

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38156/imka.v4i1.392

Abstract

This study aimed to determine the effect of electronic word of mouth (E-WOM) and brand image on the purchase intention for Avoskin skincare products on the Shopee marketplace. The participants in this study were active female students at the Faculty of Economics and Business, Makassar State University, for the Class of 2020. The sample comprises 100 respondents. A questionnaire was used for data collection. The data analysis technique used was multiple linear regression analysis using the Statistical Product and Service Solution (SPSS). The results of this study indicate that electronic word of mouth and brand image both partially and simultaneously have a positive and significant effect on purchase intention. The novelty of this study was the focus on the effect of electronic WOM and brand image on the purchase intention of Avoskin skincare products on Shope using a sample of female students at Makassar State University. The theoretical implications enrich the literature on the factors that influence purchase intention on e-commerce. Practical implications help Avoskin develop effective marketing strategies for Shopee by managing positive reviews and building a strong brand image. Keywords: Electronic word of mouth, brand image, purchase intention
ANALISIS RISIKO DAN PENGEMBALIAN DALAM INVESTASI SAHAM STUDI KASUS PADA SUB SEKTOR FOOD AND BEVERAGES DAN TABACCO MANUFACTURE PERIODE 2019-2022 Apriani, Ely; Haeruddin, M. Ikhwan Maulana; Rauf, Anwar; Musa, Muhammad Ichwan; Amin, Andi Mustika
Jurnal Ekonomi Kreatif dan Manajemen Bisnis Digital Vol 2 No 1 (2023): AGUSTUS
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jekombital.v2i1.487

Abstract

This study aims to classify the value of shares that have high or low risk and return in stock investment in each company using the Capital Asset Pricing Model (CAPM) method so that it is easier for investors to make the right investment decisions in the Food and Beverages and Tabacco Manufacture sub-sectors. 2019-2022. The population in this research is shares in the Food and Beverages sub-sector and Tabacco Manufacture for the 2019-2022 period using a purposive sampling technique. Data collection techniques using documentation and literature study. The data analysis used in this study is data processing in the Microsoft Excel 2016 application program to classify investment decisions using the Capital Asset Pricing (CAPM) method. The results of the study show that the analysis of stock diversification using the Capital Asset Pricing Model shows that the food and beverages sub-sector has 20 samples and the Tabacco Manufacture sub-sector has 3 consistent stock samples during the 2019-2022 period. After analyzing the data, the results obtained in the Food and Beverages Sub Sector have 20 companies, there are 17 stocks that are classified as linear between risk and return, namely: AISA, ALTO, CEKA, CLEO, DLTA, GOOD, HOKI, ICBP, INDF, MLBI, MYOR, PSDN, BREAD, SKBM, SKLT, STTP, and ULTJ. Meanwhile, in the Tabacco Manufacture sub-sector, which has 3 companies, there are 2 stocks that are classified as linear between risk and return, namely: GGRM and RMBA.
ANALYSIS OF FINANCIAL FEASIBILITY OF GOAT BUSINESS CUT AS A FAMILY BUSINESS KATANGKA SUB-DISTRICT SOMBA OPU, GOWA DISTRICT Maisyaroh, Ummi; Anwar; Amin, Andi Mustika; Ramli, Anwar; Nurman
Journal Management & Economics Review (JUMPER) Vol. 1 No. 3 (2023): September
Publisher : Journal Management & Economics Review (JUMPER)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v1i3.45

Abstract

The purpose of this study was to analyze the financial feasibility of beef goat business as a family business in the Katangka Village, Somba Opu District, Gowa Regency. This type of research is a descriptive study with a quantitative approach, population and sample in this study business actors in the business of slaughtered goats in the Katangka Village, Somba Opu District, Gowa Regency. The results showed that the goat business that was run in the Katangka Village, Somba Opu District, Gowa Regency from the financial feasibility analysis was declared feasible and had economic benefits, as evidenced by the results of calculating the NVP value indicating that NVP> 0.
THE EFFECT OF EARNING PER SHARE (EPS), RETURN ON EQUITY (ROE) AND NET PROFIT MARGIN (NPM) ON SHARE RETURN OF CEMENT SUB-SECTOR COMPANIES LISTED ON THE IDX Riska; Ramli, Anwar; Anwar; Nurman; Amin, Andi Mustika
Journal Management & Economics Review (JUMPER) Vol. 1 No. 3 (2023): September
Publisher : Journal Management & Economics Review (JUMPER)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v1i3.49

Abstract

This study aims to determine the effect of Earning Per Share (EPS), Return On Equity (ROE), and Net Profit Margin (NPM) on Stock Returns of Cement Sub Sector Companies Registered on the IDX. This type of research is descriptive quantitative. This study uses independent variables, namely Earning Per Share (EPS), Return On Equity (ROE), and Net Profit Margin (NPM). The dependent variable is Stock Return. The data used is secondary data derived from the financial reports of cement sub-sector companies listed on the IDX in 2017-2022. The research sample was taken by purposive sampling method, so that 6 companies were obtained that met the criteria. The research data were analyzed using SPSS version 26. The results of the analysis show that partially the EPS variable has a positive and significant effect on stock returns. While the ROE and NPM variables have no significant effect on stock returns. And simultaneously the variables EPS, ROE, and NPM have no significant effect on stock returns. The results of the Adjusted R Square analysis are 0.102 which indicates that EPS, ROE, and NPM are only able to contribute to Return Shaam of 10.2%, the remaining 89.8% are influenced by other factors not examined.