Abstract:This study analyzes the dividend policy of PT Telkom Indonesia (Persero) Tbk (TLKM) during the 2020–2025 period using a quantitative descriptive approach and a longitudinal case study based on secondary data from audited…
ed financial reports. The variables analyzed include Dividend Per Share (DPS), Earnings Per Share (EPS), Dividend Payout Ratio (DPR), Dividend Yield, and Free Cash Flow (FCF), with trend analysis using the Compound Annual Growth Rate (CAGR). The results show that DPS grows 6.05% per year, higher than EPS of 1.87%, resulting in DPR increasing from 80.00% to 93.95% in 2024. Nevertheless, strong and stable operating cash flow ensures that dividends remain supported by FCF, so there is no indication of financial distress. However, the increasing FCF-to-dividend ratio indicates the company's increasingly limited reinvestment space. The decline in net profit of 20.48% in 2025 also increases the risk of dividend policy sustainability. Furthermore, the increase in dividend yield was more influenced by stock price declines than dividend growth. This finding suggests that SOE dividend stability reflects not only fundamental performance but also institutional pressure from the government as the controlling shareholder, supporting the relevance of Agency Theory and Catering Theory in explaining dividend policy of state-owned enterprises in emerging markets
Abstract:This study examines the effects of financial performance, sales growth, and corporate governance on financial distress, as well as the moderating role of corporate governance in the coal industry in Indonesia. The population…
tion consists of 33 coal companies listed on the Indonesia Stock Exchange (IDX), with 21 companies selected using purposive sampling. The study uses secondary data with 105 observations from 2019–2023. Data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS) with SmartPLS 4.0. The results show that financial performance and corporate governance significantly affect financial distress, while sales growth has no significant effect. In addition, corporate governance does not moderate the relationship between financial performance and financial distress, nor between sales growth and financial distress. These findings highlight the importance of financial management and governance mechanisms in mitigating financial distress risk in the coal industry.
Abstract:This study aims to determine the potential for bankruptcy experienced by industrial companies in the cigarette sub-sector in 2017-2021. This type of research uses descriptive quantitative with a population of issuers in…
the cigarette sub-sector during 2017-2021. Sampling using purposive sampling method to get 4 companies. Data collection was carried out using documentation techniques. Data analysis techniques using the First Altman Z-Score. The results showed that in the last five years the potential for bankruptcy in cigarette sub-sector companies was low because there was only one company that had the potential to go bankrupt, namely PT. Bentoel Internasional Investama Tbk. The company is in a vulnerable precautionary zone for bankruptcy during 2018-2019 and there are indications that the company is experiencing financial difficulties in 2020. The company PT. Gudang Garam Tbk, PT. Hanjaya Mandala Sampoerna, PT. Wismilak Inti Makmur Tbk, has no potential for bankruptcy.
Abstract:This study aims to analyze the financial distress condition of PT Pertamina Patra Niaga during 2019–2023 using the Springate Score (S-Score) model. Financial distress is a critical stage preceding potential bankruptcy, commonly…
commonly detected through declining liquidity, profitability, and operational capability. This study employed a quantitative descriptive approach using secondary data sourced from audited financial statements. The Springate model, consisting of four key ratios (working capital to total assets, EBIT to total assets, EBT to current liabilities, and sales to total assets), was applied to evaluate the company’s financial stability. The results show fluctuating financial performance. PT Pertamina Patra Niaga was categorized as financially healthy (safe zone) in 2019, 2020, 2021, and 2023, but experienced financial distress in 2022 due to severe liquidity pressure and increased short-term liabilities. The overall average S-Score of 0.9453 places the company in the grey area, indicating potential vulnerability to financial instability. The findings highlight the importance of improving liquidity management, strengthening working capital, and increasing operational efficiency to prevent future distress. Distress dengan Metode Springate Score pada PT Pertamina Patra Niaga Periode 2019–2023
Abstract:Background: Pregnancy is a process of fertilization between spermatozoa and ovum, followed by implantation or nidation. During the first trimester of pregnancy, pregnant women usually experience discomfort such as nausea…
and vomiting. About 50-80% of pregnant women experience nausea and vomiting in early pregnancy, typically between 6-12 weeks of gestation, due to gastrointestinal and psychological distress. One therapy to reduce the discomfort of nausea and vomiting during pregnancy is the use of citrus lemon aromatherapy. Purpose: This study aims to determine the effect of inhaling citrus lemon aromatherapy on the degree of nausea and vomiting (emesis gravidarum) in pregnant women during the first trimester. Methods: This paper uses a type of qualitative research whit a case study design. Results: The results of the nursing implementation stated that after the administration of citrus lemon aromatherapy inhalation, there was a decrease in the PUQE-24 score, namely from the category of moderate nausea and vomiting with a score of 12 to no nausea and vomiting with a score of 3. Conclusion: The effect of inhaling citrus lemon aromatherapy on the degree of nausea and vomiting (emesis gravidarum) in pregnant women during the first trimester is quite effective in helping to reduce nausea and vomiting in pregnant women.
Abstract:This research focuses on eight mental illnesses listed in the hadiths narrated by Imam al-Bukhari and their implications for modern mental health understanding and practice. Employing a literature review methodology, this…
s study analyzes and discusses the relevance of these mental illnesses—distress, sorrow, weakness, laziness, miserliness, cowardice, being debt-burdened, and being overpowered by others—in the context of contemporary psychology. The findings suggest that Islamic concepts of mental illnesses can provide new insights into therapeutic and clinical approaches, offering a framework for the integration of mental and spiritual health. The conclusion of this research emphasizes that integrating Islamic values into clinical psychology practices not only enriches theoretical understanding but also enhances the effectiveness of mental health interventions. The study further recommends the development of therapeutic programs that incorporate Islamic teachings, to support more inclusive and culturally sensitive mental health therapy approaches.
Abstract:Injected contraception is the most contraception method chosen by Indonesian women. There are 2 types of injected contraception, 3 monthly injecion which consists of progesterone only and 1 monthly injection consists of…
f a combination of oesterogen-progesterone. One of its side effect is increase weight, which is usually distressing for women due to the increase risk of suffering from many diseases such as heart attack, type-2 diabetes mellitus, sleep apnea, certain cancer, osteoarthritis, and asthma. The study aim was to identify the difference weight gain occurence between 3 monthly and 1 monthly injected contraception users in Muara Village- Suranenggala District. This research method uses comparative analytic studies using cross sectional resulting research which measured in interval scale. The sample is all 3 months KB injecting participants as much as 30 respondents and 1 month KB injections as much as 30 respondents. The data is analysis using t-test. The result showed a ρ value of 0,005 which meant there was a difference in weight gain occurence between the users of 3 monthly and 1 monthly injected contraception. The 3 monthly injection had been proven increasing the incidence of weight gain compared to the 1 monthly one. It was suggested that midwives should give proper counselling regarding to side effect of increasing weight gain during the use of 3 monthly contraceptive injection to be aware of by the users. Further investigation on other influencing factors of weight gain among contraceptive injection users.
Abstract:Penelitian ini bertujuan untuk menguji pengaruh financial distress, jenis industri, dan ukuran kantor akuntan publik terhadap ketepatan waktu penyampaian laporan keuangan pada perusahaan yang terdaftar di Bursa Efek Indonesia…
nesia Tahun 2021. Penelitian ini memakai pendekatan kuantitatif dengan memanfaatkan data sekunder sebagai sumber informasi. Objek dalam penelitian ini adalah seluruh perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) sejak tahun 2021. Teknik pengambilan sampel dalam penelitian ini menggunakan metode purposive sampling. Sampel dalam penelitian ini sebanyak 35 perusahaan dengan kriteria-kriteria tertentu. Teknik analisis data yang digunakan yaitu analisis statistik deskriptif dan uji asumsi klasik. Analisis data penelitian ini menggunakan bantuan software Statistical Package for Social Sciencess (SPSS) versi 23. Hasil penelitian ini menunjukkan bahwa pada variabel financial distress dan jenis industri secara parsial tidak berpengaruh signifikan terhadap ketepatan waktu penyampaian laporan keuangan. Sedangkan pada variabel ukuran KAP secara parsial berpengaruh signifikan terhadap ketepatan waktu penyampaian laporan keuangan. Dan juga Financial distress, jenis industri, dan ukuran KAP secara simultan berpengaruh signifikan terhadap ketepatan waktu penyampaian laporan keuangan.
Abstract:Penelitian ini bertujuan untuk mengetahui bagaimana kondisi financial distress dengan menggunakan model Springate (Sscore), dengan variabel rasio modal kerja bersih terhadap total aset, rasio laba sebelum pajak dan bunga…
terhadap total aset, laba sebelum bunga dan pajak terhadap total aset, rasio sebelum pajak terhadap total liabilitas lancar, dan rasio penjualan terhadap total aset. Penelitian ini menggunakan sampel perusahaan sub sektor hotel, restoran dan pariwisata yang terdaftar di Bursa Efek Indonesia dengan metode purposive sampling. Jumlah perusahaan dalam penelitian yaitu 28 dalam kurun waktu 4 tahun dari 2018 sampai 2021, atau sebanyak 112 sampel. Hasil penelitian menunjukkan bahwa 18 perusahaan sub sektor hotel, restoran dan pariwisata dalam kurun waktu 4 tahun mengalami kondisi financial distress secara terus-menerus. Jika dibiarkan maka perusahaan bisa saja mengalami kebangkrutan.
Abstract:Working mothers with toddlers face dual-role demands that may lead to psychological distress, role conflict, and difficulties in maintaining a balance between work and childcare responsibilities. These challenges make coping…
ping strategies an essential factor in supporting mothers' psychological well-being. This study aims to analyze the coping strategies employed by working mothers with toddlers and identify the factors influencing their selection of coping strategies. The study employed a descriptive qualitative approach using purposive sampling to recruit working mothers with children under five years of age employed at a Correctional Center. Data were collected through in-depth interviews and analyzed using the Miles and Huberman interactive model, while data trustworthiness was ensured through source triangulation and member checking. The findings indicate that the coping strategies adopted by participants include social support, emotional regulation, relaxation activities, and the development of positive perspectives toward work and childcare responsibilities. The selection of these strategies is influenced by family support, personal experiences, job characteristics, the work environment, and individuals' ability to adapt to various demands. The study concludes that the successful management of dual roles among working mothers depends on their ability to integrate multiple coping strategies adaptively according to the situations they encounter. The novelty of this study lies in revealing coping strategies as an adaptive process that integrates social support, emotional regulation, relaxation activities, and positive perceptions of the work environment as part of maintaining a balance between occupational responsibilities and childcare.