Abstract:This study aims to analyze the determinants of dividend policy and their implications for stock returns among companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2024 period. Specifically, the study examines…
examines the effects of Return on Assets (ROA), Current Ratio (CR), Debt-to-Equity Ratio (DER), Sales Growth (SG), and Firm Size (SIZE) on Dividend Payout Ratio (DPR), as well as the impact of DPR on stock returns. The research employs a quantitative approach using secondary data obtained from the annual financial reports of dividend-paying companies listed on the IDX. The sample consists of 822 firm-year observations selected through purposive sampling. Data analysis was conducted using path analysis with multiple regression models, supported by classical assumption tests including normality, heteroscedasticity, multicollinearity, and autocorrelation tests. The results indicate that during the overall period of 2019–2024, ROA, DER, and SG significantly and negatively affect DPR, while CR and SIZE do not have significant effects. Furthermore, CR negatively affects stock returns, whereas SG and DPR have positive and significant effects on stock returns. The findings also reveal that the relationships among financial performance, dividend policy, and stock returns vary across pre-crisis, crisis, and post-crisis periods. Overall, dividend policy plays an important mediating role in influencing stock returns, particularly during and after periods of financial uncertainty. These findings provide valuable insights for investors, corporate managers, and policymakers in formulating dividend and investment decisions under different economic conditions.
Abstract:This study aims to examine the effect of the Current Ratio (CR) and Debt to Equity Ratio (DER) on stock returns, with the exchange rate as a moderating variable, in retail sub-sector companies listed on the Indonesia Stock…
ck Exchange during the 2019–2023 period. This research employed a quantitative approach using secondary data obtained from annual financial reports and stock price data. The sampling technique used purposive sampling, resulting in 25 companies with 125 observations. Data analysis was conducted using multiple linear regression and Moderated Regression Analysis (MRA). The results indicate that the Current Ratio has a negative and significant effect on stock returns, meaning that excessively high liquidity tends to reduce stock returns. Debt to Equity Ratio also has a negative and significant effect on stock returns, indicating that higher leverage increases financial risk and lowers investor confidence. Simultaneously, Current Ratio and Debt to Equity Ratio significantly affect stock returns. However, the exchange rate has no effect on stock returns. Furthermore, the exchange rate is unable to moderate the relationship between Current Ratio and stock returns, as well as between Debt to Equity Ratio and stock returns. These findings imply that internal company factors, particularly liquidity management and capital structure, are more dominant in influencing stock returns than external macroeconomic factors such as exchange rate fluctuations. Therefore, investors are advised to pay closer attention to financial fundamentals when making investment decisions in the retail sector.
Abstract:The health pandemic several years ago had a significant impact on various sectors, especially companies listed on the Indonesia Stock Exchange. This study was motivated by fluctuations in the price of sharia stocks or the…
e Jakarta Islamic Index (JII) after the Indonesian government officially lifted the pandemic status. By combining macroeconomic and company fundamental factors with hierarchical regression analysis techniques, this study aims to identify which combination of factors influences the return on shares in this sector after the pandemic. The results show that the performance of returns on shares in the sharia sector is dominated by fundamental factors, namely Total Asset Turn Over (TATO) and Return on Assets (ROA). The main finding from this research is that post-pandemic, the performance of the Islamic stock sector is still dominated by corporate fundamental factors, which are efficiency and profitability. The limitation of this research lies in the data range, and it would be very interesting to continue with a longer time period. The technical contribution of this research is that it can provide an overview for investors when deciding to invest, so that they can focus more on corporate fundamental factors first.
Abstract:Febris fever is a condition in which body temperature rises above normal due to an increase in the temperature-regulating center located in the hypothalamus. Red Onion can be used for compress because they contain the organic…
ganic sulfur compound Allylcysteine Sulfoxide. After applying an onion compress, body temperature decreases because blood flow returns to the blood vessels near the skin's surface, thus optimizing heat dissipation.To determine the effectiveness of applying onion compress to children with fever. This study used a descriptive case study approach and was conducted in Kemojing Village. After applying onion compresses for three days, with each session lasting 15 minutes, the children's body temperature decreased. The initial body temperature was 38.4°C, which decreased to 36.8°C by the end of the third day. Using onion compresses on children with fever can effectively reduce their body temperature.
Abstract:Background: Uterine involution is the process by which the uterus returns to its pre-pregnancy condition and weighs around 60 grams. This process begins immediately after the placenta is delivered due to contraction of the…
he smooth muscles of the uterus, measurement of uterine involution and also by expulsion of the lochea. One way to treat uterine involution is through postpartum exercise to accelerate the decrease in the height of the uterine fundus. Objective: To determine the description of postpartum exercise on the speed of uterine involution in postpartum mothers. Method: This research is a type of qualitative research designed as a case study method. Results: After doing postpartum exercise for 7 days with a duration of 10- 15 minutes, the height of the uterine fundus can be reduced by 9 cm from 12 cm on the first day to 3 cm on the 7th day. Conclusion: postpartum exercise can influence the uterine involution process in postpartum mothers, and the speed of uterine involution in postpartum mothers who do exercise is fast
Abstract:The presence of a child can be a link between couples. However, in fact, some married couples cannot have children, even though they really need children in their domestic life. So the effort to care for or hug a child then…
hen becomes an option to get a child even though he is not a natural child. The law states that the purpose of adopting a child is simply to improve the welfare of the child.This research aims to find out and examine Islamic legal regulations regarding the inheritance rights of adopted children. The position of children in Islamic law is still attributed to their biological guardians and not to their adoptive fathers. Moreover, in Islamic inheritance law, adopted children do not get inheritance privileges from the father who supports them, but the freedom of inheritance returns to the biological father of the child being cared for. Children raised in Islam can acquire property from their supportive father through a bequest course and then a mandatory will course. Since taking over, the children and their supportive father have been seen as having been a huge help in their respective lives. Therefore, as a substitute for the freedom inherited from the younger generation, Islamic law provides a way through mandatory gifts and wills.
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:Abstract: Technological progress and development is increasingly rapid and rapid and cannot be avoided in life. Every innovation is created to bring positive benefits to human life. Ritz Cafe Kisaran is a well-known restaurant…
aurant and has been established for a long time in Asahan district, but this restaurant does not yet have a computerized raw material inventory management system. The aim of this research is to create a non-perishable food inventory management system using the Supply Chain Management model so that the operational function of raw material inventory management in restaurants becomes more effective, efficient and structured. The research method used in this research is a descriptive method with a qualitative approach and uses data analysis and uses a Supply Chain Management model including planning, procurement, production, warehouse management, order delivery and order returns. The result of this research is a web-based non-perishable food inventory management system that can manage raw material inventory, minimize the occurrence of ordering errors, raw material stock information can be processed automatically, as well as all existing processes in a The restaurant will be well integrated and useful in anticipating errors and losses for Ritz Cafe Kisaran.
Keywords: inventory; non perishable food; supply chain management; xampp
Abstrak: Kemajuan dan perkembangan teknologi semakin cepat dan pesat serta tidak dapat dihindari dalam kehidupan. Setiap inovasi diciptakan untuk membawa manfaat positif bagi kehidupan manusia. Ritz Cafe Kisaran merupakan salah satu restoran terkenal dan sudah lama berdiri di kabupaten Asahan namun restoran ini belum mempunyai sistem pengelolaan persediaan bahan baku yang terkomputerisasi. Tujuan pada penelitian ini yaitu untuk membuat suatu sistem pengelolaan persediaan bahan baku yang tidak mudah rusak (non perishable food) dengan menggunakan model Supply Chain Management agar fungsi operasional pengelolaan persediaan bahan baku di restoran menjadi lebih efektif, efesien dan terstruktur. Metode penelitian yang digunakan dalam penelitian ini adalah metode deskriptif dengan pendekatan kualitatif dan menggunakan analisis data serta menggunakan model Supply Chain Management meliputi perencanaan, pengadaan (procurement), produksi, pengelolaan gudang, pengiriman pesanan, dan pengembalian pesanan. Hasil dari penelitian ini adalah sebuah sistem pengelolaan persediaan bahan baku yang tidak mudah rusak (non perishable food) berbasis web yang dapat mengelola persediaan bahan baku, meminimalkan terjadinya kesalahan pemesanan, informasi stok bahan baku dapat diolah secara otomatis, serta seluruh proses yang ada di sebuah restoran akan terintegrasi dengan baik serta bermanfaat dalam mengantisipasi kesalahan dan juga kerugian bagi Ritz Cafe Kisaran.
Kata Kunci: persediaan; bahan baku tidak mudah rusak; manajemen rantai pasok; xampp
Abstract:Abstract: Susenas is one of the important household socio-economic data sources in Indonesia. Susenas has become the main reference for meeting the needs of the government in implementing national development so that it…
is in line with the National Medium Term Development Plan (RPJMN), nine priority agendas or nawacita and the goals of Sustainable Development. A survey is a method of collecting data by giving questions to respondents. a survey is the best way to get correct information and the results can be justified. In the process of collecting PMTB survey data, which is carried out by partner officers, it is still implementing a manual system where partner officers come to the company / business under the form to fill in the company's income and expenditure data, and then the partner returns to the ledger to be analyzed by the Balance Sheet officer, the author intends to create a web-based system that is considered to provide an effective solution and can be used as a tool for PMTB data collection using the interview research method and direct observation to the Medan City BPS office.
Keywords: BPS (Badan Pusat Statistik), PMTB, Survei, User, Web
Abstrak: Susenas merupakan salah satu sumber data sosial ekonomi rumah tangga yang penting diindonesia. Susenas telah menjadi rujukan utama untuk memenuhi kebutuhan pemerintah dalam mengimplementasikan pembangunan nasional agar sejalan dengan Rencana Pembangunan Jangka Menengah Nasional (RPJMN), sembilan agenda prioritas atau nawacita dan tujuan Pembangunan Berkelanjutan. Survei adalah metode pengumpulan data dengan memberikan pertanyaan – pertanyaan kepada responden. survei merupakan cara terbaik dalam mendapatkan sebuah informasi yang benar dan dapat dipertanggungjawabkan hasilnya. Dalam proses pengumpulan data survei PMTB yang dilakukan oleh petugas mitra masih menerapkan sistem manual yang mana petugas mitra datang ke perusahaan/usaha membawah formulir pengisian data pendapatan dan pengeluaran perusahaan, dan selanjutnya mitra kembali menulis ke buku besar untuk dapat di analisa oleh petugas Neraca, penulis bermaksud membuat suatu sistem berbasis web yang dipandang dapat memberikan solusi yang efektif serta dapat dijadikan sebagai alat pendataan PMTB dengan menggunakan metode penelitian wawancara dan observasi langsung ke kantor BPS Kota Medan.
Kata kunci: BPS (Badan Pusat Statistik), PMTB, Survei, User, Web
Abstract:Abstract: Politeknik Wilmar Bisnis Indonesia is a tertiary institution that has a Tax Center and works closely with the Direktorat Jenderal Pajak to assist taxpayers in calculating, depositing, and reporting their tax obligations.…
ligations. On March 03 2023 and March 07 2023, training and assistance for taxpayers were conducted in filling out the Annual Individual Tax Return at the Politeknik Wilmar Bisnis Indonesia Tax Center by the Tax Volunteers. The method used is direct assistance to individual taxpayers in updating NPWP-NIK, and KLU data, also reporting annual tax returns via e-filing. The activity participants are all taxpayers including lecturers and educational staff at the Politeknik Wilmar Bisnis Indonesia and STIKes Murni Teguh. This activity resulted in an increase in understanding for participants in reporting Annual SPT Individuals, while the Tax Volunteer gained knowledge about taxation based on the latest regulations and was able to put into practice the knowledge learned during lectures which can be used as practical experience. Meanwhile, the results for the Politeknik Wilmar Bisnis Indonesia are an increase in taxpayer compliance within the Politeknik Wilmar Bisnis Indonesia, including lecturers and education staff society who are aware of their obligations and always report their income to the state.
Keywords: e-filing; SPT; Tax Volunteers
Abstrak: Politeknik Wilmar Bisnis Indonesia merupakan perguruan tinggi yang memiliki Tax Center dan berkolaborasi dengan Direktorat Jenderal Pajak (DJP) untuk membantu Wajib Pajak dalam menghitung, menyetor, dan melaporkan kewajiban perpajakan mereka. Pada tanggal 03 Maret 2023 dan 07 Maret 2023, telah dilakukan pelatihan serta pendampingan Wajib Pajak dalam mengisi Surat Pemberitahuan (SPT) Tahunan Orang Pribadi di Tax Center Politeknik Wilmar Bisnis Indonesia oleh tim Relawan Pajak. Metode yang digunakan adalah pendampingan secara langsung kepada Wajib Pajak Orang Pribadi dalam melakukan pemutakhiran data NPWP-NIK, KLU, dan pelaporan SPT Tahunan melalui e-filing. Peserta kegiatan adalah seluruh Wajib Pajak termasuk dosen dan tenaga pendidik di lingkungan Politeknik Wilmar Bisnis Indonesia serta STIKes Murni Teguh. Kegiatan ini menghasilkan peningkatan pemahaman bagi peserta dalam melaporkan SPT Tahunan Orang Pribadi, sedangkan tim Relawan Pajak memperoleh pengetahuan tentang perpajakan berdasarkan peraturan terbaru dan dapat mempraktikkan secara langsung pengetahuan yang dipelajari selama kuliah serta dapat dijadikan sebagai pengalaman praktis. Sedangkan hasil bagi Politeknik Wilmar Bisnis Indonesia adalah peningkatan ketaatan wajib pajak di lingkungan Politeknik Wilmar Bisnis Indonesia termasuk dosen dan tenaga pendidik sebagai masyarakat yang sadar akan kewajiban dan senantiasa melaporkan penghasilan mereka kepada negara.
Kata kunci: e-filing; Relawan Pajak; SPT