Abstract:Stock prices represent the market’s consensus regarding the fair value of a business entity, formed through a rational assessment of both financial and non-financial information. Within the frameworks of signaling theory…
ry and market efficiency, financial ratios serve as fundamental indicators reflecting a company's ability to generate profit, manage assets, and maintain short-term liquidity stability. When the market faces systemic disruptions, such as the COVID-19 pandemic, and transitions toward post-pandemic normalization, investor sensitivity to internal indicators tends to increase due to heightened external uncertainty. Consequently, a deep understanding of the internal determinants of stock prices becomes increasingly critical for data-driven investment decision-making. This study aims to empirically examine the effect of the Current Ratio (CR), Return on Assets (ROA), and Total Asset Turnover (TATO) on stock prices, both partially and simultaneously, in companies listed on the Indonesia Stock Exchange (IDX) during the 2020-2024 period. A quantitative approach was employed, using a descriptive-verificative design and secondary data drawn from audited financial statements and annual closing stock prices. The sample consisted of 91 companies selected through purposive sampling, and the data were analyzed using multiple linear regression with SPSS version 27. The analysis results indicate that all three independent variables have a positive and significant impact on stock prices, both individually and collectively. This study contributes to the capital market literature by highlighting the relevance of financial ratios in explaining stock price fluctuations in the post-pandemic period, a topic that remains underexplored in the context of developing countries.
Abstract:The participation of Generation Z in the contemporary labor market serves as a key catalyst in driving technological adoption, organizational innovation, and changes in work culture. However, the high turnover intention…
among this generation indicates instability in employee retention, which can impact operational efficiency and continuity, particularly in the service sector. This study aims to empirically examine the influence of Non-Physical Work Environment, Compensation, and Workload on Turnover Intention among Generation Z workers in the Coffee Shop industry in Pontianak City, with Job Satisfaction as a mediating variable. A quantitative approach was employed in this study, with data collected through an online questionnaire using a five-point Likert scale. A total of 200 respondents aged 18–27 years were selected using purposive sampling based on relevant criteria. Data were analyzed using Structural Equation Modeling with the Partial Least Squares (SEM-PLS) approach via the SmartPLS 4 software. The analysis results show that the Non-Physical Work Environment has a significant negative effect on Turnover Intention, while Compensation has a negative but not significant effect. Workload has a significant positive effect on Turnover Intention. Furthermore, the Non-Physical Work Environment and Compensation have significant positive effects on Job Satisfaction, while the effect of Workload is not significant. Job Satisfaction is proven to act as a significant mediator in the relationship between the Non-Physical Work Environment and Compensation on Turnover Intention, but it does not mediate the relationship between Workload and Turnover Intention. These findings emphasize the urgency of formulating managerial strategies focused on improving the quality of the work environment and implementing adaptive compensation policies, in order to sustainably reduce turnover rates among Generation Z workers.
Abstract:This research aims to examine both partially and simultaneously the influence of Organizational Climate and Job Stress on Turnover Intention at CV. HD Citarasa of South Tangerang. The research method used is descriptive…
quantitative which is verification in nature. The respondents used were all employees CV. HD Citarasa South Tangerang has 56 employees. The data analysis techniques used include validity instrument analysis, reliability instrument analysis, and hypothesis testing both partially and simultaneously using the Statistical Package for Social Science (SPSS) for Windows version 26 program. The partial research results show that Organizational Climate has a positive influence on Turnover Intention obtained tcount (3.288) > ttable (1.674). Then, Job Stress has a positive influence on Turnover Intention, the value obtained is tcount (5.070) > ttable (1.674). As for the simultaneous results, it shows that Organizational Climate and Work Stress have a positive influence on Turnover Intention with the hypothesis results (simultaneously) obtaining a value of fcount (16.512) > ftable (3.172).
Abstract:Abstract The motivation of this research is related to the use of QRIS in micro, small, and medium-sized enterprises (UMKM) in Semarang District. QRIS is a digital payment tool introduced by Bank Indonesia in 2019. The Government's…
Government's initiative in launching QRIS is to make it easier for people who prefer digital payments, especially young people in Indonesia. The use of QRIS itself is increasing every year. The Governor of Bank Indonesia stated that more than 90% of UMKMs in Indonesia have used QRIS. The benefits of using QRIS for UMKM are faster payment processes, no need to prepare for money returns, increased sales turnover, easier settlement process, and financial discipline. The model used in this study is the Technology Accepted Model (TAM). TAM is a method to measure individual reception to the use of information technology systems. This research uses a quantitative descriptive approach. Micro, small, and medium-sized enterprises (UMKM) are used as populations in this study. In the sample selection, the researchers conducted the dissemination of the questionnaire with two events, namely online and offline. The samples obtained after the implementation of disseminated questionnaires and according to the conditions of the research sample are as many as 210 UMKM. Further, SmartPLS version 4 software is used for data processing. The findings from this study are that product knowledge variables significantly affect the use of QRIS. Perceived usefulness variables have also been found to influence the use. The same thing was also found in the perceived ease of use variable. Other findings that are backward related to the perception of risk variables. On this variable, it has been found that there is a negative influence against the use, so, it can be concluded that UMKM in Semarang district is still afraid related to financial risk as a result of the QRIS use.
Abstract:This research purpose to determine the financial performance of PT Indofood Sukses Makmur, Tbk in 2018-2022 period using financial ratio analysis. The basis for assessing and achieving a company is through financial analysis…
ysis so that the company can control its financial condition and create a company framework. In assessing the job prospects of a company in the past and future and assessing the achievements of a company, financial ratio analysis is used which includes liquidity ratios (current ratio), solvency ratios (debt to asset ratio), activity ratios (total asset turnover), profitability ratio (return on equity) and market ratio (earnings per share). This research is descriptive research which is studied quantitatively. The population of the research is all financial reports of PT. Indofood Sukses Makmur, Tbk is listed on the IDX in 2018-2022 period. The sample for this research is the financial position report and comprehensive income statement in 2018-2022 period. Data collection was carried out using documentation techniques. The results of this research found that the overall financial performance of PT. Indofood Sukses Makmur, Tbk in 2018-2022 period based on analysis of liquidity ratios and solvency ratios is in fairly good condition. Meanwhile, profitability ratios and market ratios are in good condition. However, regarding the activity ratio, the condition of PT. Indofood Sukses Makmur, Tbk is still not efficient so it can be said to be not good. This is due to an increase in sales and total assets during the 2018-2022 period. Based on the results of calculations and analysis of financial ratios, it can be concluded that the financial performance of PT. Indofood Sukses Makmur, Tbk in 2018-2022 period experiences growth in various aspects and profitability can increase, making the company profitable.
Abstract:Abstract: PT. Interyasa Mitra Mandiri Kisaran is a company whose products are engaged in trade that sells electronics and furniture in cash or credit. Granting crdit can provide relief to consumers, giving rise to the level…
vel of consumer interest in buying, which means the company’s sales turnover is higher and the company’s cash receipts will increase. Determining which consumers deserve credit is not easy. Companies need a Decision Support System (DSS) that can help determine the creditwhorthiness of potential customers. The decision making calculation method used in this study is a simple additive weighting method with 5 criteria, namely discipline, down payment, monthly income, credit guarantee, and residence of status. The system was built using the PHP MySQL language and Sublime Text as the programming code. And the object-oriented system modeling language used is UML (Unifed Modelling Language). By using this SAW Method, it is hoped that the final result will be obtained as a tool to determine the credit extension to potential consumers who are eligible to be given.
Keywords :Credit, DSS, Simple Additive Weighting (SAW), UML.
Abstrak :PT. Interyasa Mitra Mandiri Kisaran merupakan perusahaan yang produknya bergerak di bidang perdagangan yang menjual barang elektronik dan furniture secara cash maupun kredit. Pemberian kredit dapat memberikan keringanan kepada konsumen, sehingga menimbulkan besarnya minat konsumen untuk membeli, yang berarti omset penjualan perusahaan menjadi lebih tinggi dan penerimaan kas perusahaan akan meningkat. Menentukan konsumen yang layak diberikan kredit bukanlah hal yang mudah.Perusahaan membutuhkan sebuah Sistem Pendukung Keputusan (SPK) yang dapat membantu dalam menentukan kelayakan pemberian kredit untuk calon konsumen. Metode perhitungan pengambilan keputusan yang digunakan pada penelitian ini adalah Metode Simple Additive Weighting (SAW) dengan 5 kriteria yaitu kedisiplinan, uang muka, penghasilan perbulan, jaminan kredit dan status tempat tinggal. Sistem ini dibangun menggunakan bahasa PHP MySQL dan Sublime Text sebagai koding pemrogramannya.Serta bahasa pemodelan sistem berorientasi objek yang digunakan adalah UML (Unifed Modelling Language). Dengan menggunakan metode SAW ini, diharapkan mendapatkan hasil akhir sebagai alat bantu untuk menentukan pemberian kredit kepada calon konsumen yang layak diberikan.
Kata Kunci :Kredit, SPK, Simple Additive Weighting (SAW), UML.
Abstract:Abstract: Pokdakan Tani Makmur in Asahan Regency faced low sales of fresh catfish due to intense price competition in the local market. This community service program aimed to increase the economic value of catfish farming…
ing through product diversification into catfish nuggets and the application of Electronic Customer Relationship Management (E-CRM) as a supporting tool for digital marketing. The activities included socialization, production and packaging training, implementation of social media–based E-CRM, and Break Even Point (BEP) analysis to assess business feasibility. The results showed an improvement in partners’ skills in processing and marketing catfish products. With a monthly production capacity of 30 kg, where 1 kg yields 40 pieces or 10 packs of nuggets priced at IDR 5,000 per pack, partners achieved a monthly turnover of approximately IDR 1,500,000. The BEP analysis indicated an equilibrium point at 100 kg or around three months of operation with fixed costs of IDR 1,500,000. The E-CRM system served as a supporting medium to promote products and expand market visibility, while the main factors driving sales growth were product diversification and improved quality. This activity has implications for enhancing competitiveness and economic independence among small-scale fish farming groups.
Keywords: BEP; catfish nugget; diversification; E-CRM; Pokdakan Tani Makmur
Abstrak: Pokdakan Tani Makmur di Kabupaten Asahan menghadapi permasalahan rendahnya penjualan lele segar akibat tingginya persaingan harga di pasar lokal. Kegiatan pengabdian ini bertujuan meningkatkan nilai ekonomi hasil budidaya melalui diversifikasi produk olahan menjadi nugget lele serta penerapan Electronic Customer Relationship Management (E-CRM) sebagai pendukung strategi pemasaran digital. Tahapan pelaksanaan meliputi sosialisasi, pelatihan produksi dan pengemasan, penerapan E-CRM berbasis media sosial, serta analisis Break Even Point (BEP) untuk menilai kelayakan usaha. Hasil kegiatan menunjukkan peningkatan keterampilan mitra dalam produksi dan pemasaran produk olahan. Dengan kapasitas produksi 30 kg per bulan, di mana 1 kg menghasilkan 40 potong atau 10 bungkus nugget dengan harga Rp5.000 per bungkus, mitra memperoleh omzet sekitar Rp1.500.000 per bulan. Analisis BEP menunjukkan titik impas pada 100 kg produksi atau sekitar tiga bulan operasional dengan biaya tetap Rp1.500.000. Penerapan E-CRM berperan mendukung promosi dan memperluas informasi produk, sementara faktor utama peningkatan penjualan berasal dari diversifikasi dan kualitas produk olahan. Kegiatan ini berimplikasi pada peningkatan daya saing dan kemandirian ekonomi kelompok pembudidaya ikan di daerah.
Kata kunci: BEP; diversifikasi; E-CRM; nugget lele; Pokdakan Tani Makmur
Abstract:Abstract: This program aims to transform processed bilih fish products from Lake Singkarak through business digitalization to enhance tourism appeal and increase the added value of local food products. The partner, POKLAHSAR…
HSAR Jaso Danau in Nagari Tikalak, Solok Regency, experienced a 35% decline in sales turnover over the past two years due to limited digital marketing and reliance on conventional sales. In addition, production capacity could only meet about 60% of market demand, with inconsistent product quality caused by the absence of written SOPs. The program was implemented using a participatory approach through stages of socialization, technical training, innovation adoption, and mentoring. The main focus included the development of production SOPs, logbooks and digital bookkeeping, organizational structuring, and digital marketing strategies using websites, QR Codes, and social media. The results revealed significant improvement in five key aspects: business recording, production, distribution, branding, and digital marketing. The average score increased from 2.7 (fair) in 2024 to 4.0 (good) in 2025, with the highest achievement in business recording and digital marketing through the activation of an official website and marketplace integration. This transformation demonstrates that digitalization of local food MSMEs not only improves product quality and consistency but also expands distribution channels, strengthens competitiveness, and supports the achievement of the SDGs, particularly women’s empowerment, poverty alleviation, economic growth, and sustainable consumption and production.
Keywords: bilih fish, MSME digitalization, women empowerment, digital marketing, lake singkarak
Abstrak: Program ini bertujuan mentransformasi produk olahan ikan bilih khas Danau Singkarak melalui digitalisasi usaha guna meningkatkan daya tarik wisata dan nilai tambah pangan lokal. Mitra kegiatan adalah POKLAHSAR Jaso Danau di Nagari Tikalak, Kabupaten Solok, yang mengalami penurunan omzet hingga 35% dalam dua tahun terakhir akibat keterbatasan pemasaran digital dan masih mengandalkan penjualan konvensional. Selain itu, kapasitas produksi hanya mampu memenuhi sekitar 60% permintaan pasar, dengan kualitas produk sering tidak konsisten karena ketiadaan SOP tertulis. Kegiatan dilaksanakan dengan pendekatan partisipatif melalui tahapan sosialisasi, pelatihan teknis, penerapan inovasi, dan pendampingan. Fokus utama meliputi penyusunan SOP produksi, logbook dan pembukuan digital, pembentukan struktur organisasi, serta strategi pemasaran berbasis website, QR Code, dan media sosial. Hasil menunjukkan peningkatan keterampilan signifikan pada lima aspek utama: pencatatan usaha, produksi, distribusi, branding, dan pemasaran digital. Skor rata-rata naik dari 2,7 (cukup) pada 2024 menjadi 4,0 (baik) pada 2025, dengan capaian terbesar pada pencatatan usaha dan pemasaran digital melalui aktivasi website resmi dan integrasi marketplace. Transformasi ini membuktikan bahwa digitalisasi UMKM pangan lokal tidak hanya memperbaiki kualitas dan konsistensi produk, tetapi juga memperluas distribusi, memperkuat daya saing, serta mendukung pencapaian SDGs, khususnya pemberdayaan perempuan, pengentasan kemiskinan, pertumbuhan ekonomi, dan konsumsi-produksi berkelanjutan.
Kata Kunci: ikan bilih, digitalisasi UMKM, pemberdayaan perempuan, pemasaran digital, danau singkarak
Abstract:Product marketing strategy in the digital business era need to utilize optimal use of social media platforms. According to the situational analysis, the target audience for community service was unable to create social media…
edia ads for teaching factory products. As a solution to this problem, the service team is committed to providing community service related to assisting in the design of teaching factory product social media advertisements for the target audience. There were 34 participants in this service activity consisting of students and accompanying teachers. The results of the service activities show that overall the activities ran successfully and smoothly. The evaluation results show that there has been an increase in the target audience's understanding of product design for social media advertising. Increased understanding can be seen from the ability to design product advertisements for social media posts by considering color composition, image quality, font size, typeface, and graphic design layout of social media advertisements. The success of implementing this service activity can also be reflected in the increase in sales turnover of teaching factory products.
Keywords: advertising design; social media; sales turnover; products; teaching factory
Strategi pemasaran produk pada era bisnis berbasis digital perlu memanfaatkan platform media sosial dengan optimal. Analisis situasi menunjukkan bahwa khalayak sasaran pengabdian kepada masyarakat belum mampu melakukan desain iklan produk teaching factory pada media sosial. Sebagai solusi atas permasalahan tersebut, tim pengabdi berkomitmen untuk melakukan pengabdian kepada masyarakat terkait pendampingan desain iklan media sosial produk teaching factory bagi khalayak sasaran. Peserta kegiatan pengabdian ini sebanyak 34 orang yang terdiri atas siswa dan guru pendamping. Hasil kegiatan pengabdian menunjukkan bahwa secara keseluruhan kegiatan berjalan sukses dan lancar. Hasil evaluasi menunjukkan bahwa terjadi peningkatan pemahaman khalayak sasaran tentang desain produk untuk iklan media sosial. Peningkatan pemahaman terlihat dari kemampuan mendesain iklan produk untuk postingan media sosial dengan mempertimbangkan komposisi warna, kualitas gambar, ukuran huruf, jenis huruf, dan tata letak desain grafis iklan media sosial. Keberhasilan pelaksanaan kegiatan pengabdian ini juga dapat tercermin dari adanya peningkatan omzet penjualan produk teaching factory.
Kata kunci: desain iklan; media sosial; omzet penjualan; produk; teaching factory
Abstract:The COVID-19 pandemic has had a significant impact on many business sectors throughout the world, both large businesses and MSMEs. Mr. Selamat owns the Asahan Selasih Chips business, a souvenir business in the city of Kisaran…
saran that sells various types of processed chips, such as sweet potatoes, bananas, and other tubers. This company relies on direct sales from its production house and retailing at kiosks, minimarkets, and supermarkets in Kisaran, Asahan Regency. Also, they have to face the impact of the pandemic by surviving and trying to continue producing their products. One of the causes of declining sales during the post-COVID-19 pandemic is the need for promotional media to expand the market. Just expecting regular customers significantly influences declining sales because the economic turnover of the people in Asahan Regency is limited due to the impact of COVID-19. Apart from that, digital business competition is also a challenge for the Kisaran souvenir chips business.
Using observation methods and providing direct training to partner locations, implementing a website and e-catalog is essential for the Selasih Chips business in facing business challenges after the COVID-19 pandemic. Technology can help companies to improve operational efficiency, increase customer trust, and expand their markets in this digital era. Implementing a website and e-catalog can also help Pak Selamat expand its customer reach.
Keywords: website; e-catalog; umkm
Abstrak: Pandemi COVID-19 telah membawa dampak besar bagi banyak sektor bisnis di seluruh dunia, baik bisnis besar maupun UMKM. Bapak Selamat adalah pemilik usaha Keripik Selasih Asahan yaitu usaha oleh-oleh kota Kisaran contohnya yang menjual berbagai jenis olahan keripik seperti ubi, pisang, dan umbi-umbian lainnya, usaha yang mengandalkan penjualan langsung dari rumah produksinya dan mengecer ke kios-kios maupun minimarket dan supermarket yang ada di kota Kisaran Kabupaten Asahan, juga harus menghadapi dampak pandemi dengan bertahan dan berusaha untuk tetap memproduksi produknya. Salah satu penyebab menurunnya penjualan dimasa pasca pandemi COVID-19 dipengaruhi kurangnya media promosi untuk memperluas pasar. Hanya dengan mengharapkan pelanggan tetap, menjadi pengaruh besar terhadap menurunnya penjualan disebabkan perputaran ekonomi masyarakat di Kabupaten Asahan menjadi terbatas akibat dampak COVID-19. Selain itu persaingan bisnis secara digital juga menjadi tantangan tersendiri bagi usaha keripik oleh-oleh Kisaran. Dengan metode observasi dan memberikan pelatihan langsung ke lokasi mitra maka penerapan website dan e-katalog merupakan langkah penting bagi usaha Keripik Selasih dalam menghadapi tantangan bisnis pasca pandemi COVID-19. Dalam era digital ini, teknologi dapat membantu bisnis meningkatkan efisiensi operasional, meningkatkan kepercayaan pelanggan, dan memperluas pasar mereka. Penerapan website dan e-katalog juga dapat membantu Pak Selamat untuk memperluas jangkauan pelanggan mereka.
Kata kunci: website; e-katalog; umkm