Jurnal Ekonomi, Manajemen dan Akuntansi

The effect of digital economic literacy on entrepreneurial readiness: An entrepreneurship study – Revised edition

Estu Niana Syamiya — 2024-09-05

The aim of this research is to determine the effect of digital economic literacy on entrepreneurial readiness. The social cognitive theory used in this research is the basis for preparing entrepreneurship, revised edition. This research used descriptive quantitative methods, correlational quantitative methods were carried out using path analysis, and then developed into Structural Equation Modeling (SEM) analysis, AMOS CB-SEM. Simple Random Sampling Technique is a sampling technique with 353 samples. The questionnaire was distributed using Google Form at seven universities. The results of this study found that there was a positive and significant effect of digital economic literacy on entrepreneurial readiness. However, researchers also found other factors that have the potential to strengthen the relationship between the two, either directly or as a mediator, including learning experience and soft skills of religiosity. Apart from various other findings above, the main objective, the novelty in this research is the emergence of new variables, namely the soft skills of religiosity and digital economic literacy (DEL).

Exploring the relationship between work commitment and organizational culture, and its impact on employee performance

Amelia Fauzia — 2024-09-05

The purpose of this study is to explore the relationship between work commitment (WCM) and organizational culture (OC), and to test its impact on employee performance (EP), with a hybrid work system in the digital era. The research design was conducted with descriptive and quantitative methods with a type of survey conducted on 80 respondents as selected sample data using the purposive sampling technique. The primary data source was obtained from the questionnaire of respondents' answers. Data analysis methods with validity tests and instrument reliability tests, classical assumption tests, and statistical descriptive tests. Meanwhile, the influence test was carried out by applying a correlation test, calculation and analysis of the determination coefficient model (Adj.R²) and a multiple linear regression model test, using the SPSS v.26 program. The results of the research can be seen that WCM and OC are already in the good category. EP also reflects being in good performance. WCM has a strong and positive correlation with EP, as well as OC and EP. WCM and OC simultaneously with EP in explaining their effects on EP, have strong predictive ability against the variance of EP. WCM has a positive effect on EP. OC partially had a positive effect on EP. WCM and OC simultaneously have a very strong correlation and can predict EP, with the same company direction. The impact is that WCM and OC simultaneously had a positive effect on EP. The implication is that the high and low performance of employees in a company is inseparable from the impact of work commitment and organizational culture as two important aspects of various other aspects of human resource management (HRM) that accompany the development of the company.

Exploration of the relationship between operating cash flow with net profit margin and retun on equity: Analysis with a simple linear regression approach – one predictor

Hanipah Hanipah — 2024-09-05

The purpose of this study is to explore the relationship between operating cash flow (OCF) with net profit margin (NPM) and return on equity (ROE), each effect is partially tested with one predictor. Case study at PT. Nippon Indosari Corporindo Tbk which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach, explored with descriptive statistics and correlations. The unit of analysis is financial statements, the purposive sampling approach was chosen in the sample withdrawal for 32 quarters, namely during eight periods of financial statement data from 2015-2022. Data analysis methods with correlation tests, calculation and analysis of determination coefficient models, and simple linear regression model tests, as well as all hypothesis tests by applying t-tests, calculations and statistical analysis using the EViews v.12 program. The results showed that there was a linear relationship between OCF and NPM, OCF and ROE, and NPM and ROE. OCF has a low ability to explain NPM variance, but OCF has a moderate prediction ability against ROE variance, while NPM has a strong prediction ability against ROE variance. The results of the significance test concluded that OCF had a positive and significant effect on NPM. OCF has a positive and significant effect on ROE. NPM also has a positive and significant effect on ROE. The results of the exploration of the relationship between the three have implications that OCF is an important variable to measure management performance in terms of NPM and ROE, and the level of NPM and ROE has a strong correlation as a measure of company profitability and management success in an effort to improve the welfare of company owners and other stakeholders.

Examining the impact of 4Ps marketing mix and market orientation on purchasing decisions

M. Rizki Firmansyah — 2024-09-05

The purpose of this study is to explore and examine the relationship between the 4Ps marketing mix (M2-4Ps) and market orientation (MO), as well as to examine its impact on purchasing decisions (PDs). The research design with a quantitative approach with a type of survey conducted to 73 respondents as the number of samples of this study was selected by applying the Slovin approach from the nonprobability sampling method with the purposive sampling technique. The research questionnaire was used to obtain primarydata from the respondents' answers. The data analysis method with instrument reliability and validity test, classical assumption test, descriptive statistical test, correlation test, determination coefficient model test (Adj. R²), and multiple linear regression model test, as well as effect significance test applied t test and F test, using IBM SPSS v.26 program. The findings of the research can be explained that the M2-4Ps and MO developed in marketing activities are good and in accordance with customer expectations. The PDs level is also already at a high level of customer response. M2-4Ps and MO have a strong and directional correlation with PDs, either partially or simultaneously. There is also a linear relationship between the three. M2-4Ps and MO can simultaneously explain the variance of PDs, with the predictive ability being at a very strong level. M2-4Ps partially had a positive and significant effect on PDs. MO partially had a positive and significant effect on PDs. The results of examining the simultaneous impact also concluded that M2-4Ps and MO had a positive and significant effect on PDs.

The effect of operating cash flow and net profit on stock return: Exploration and empirical evidence

Siti Sarah — 2024-09-05

The purpose of this study is to analyze the effect of operating cash flow (OCF) and net profit (NP) on stock return (SR). Explored from indications and empirical evidence. Case study at PT. Unilever Indonesia, Tbk, on the Indonesia Stock Exchange (IDX). Research design with a quantitative approach. Secondary data sources are used with ratio data scales. The research sample is financial statement data in 32 quarters from 2015-2022, and was selected with a purposive sampling technique approach. The data analysis methods applied are classical assumption test, correlation test, determination coefficient model analysis, multiple linear regression model test, and hypothesis test with t test and F test, and the SPSS v.26 program is used. The findings show that OCF and NP can simultaneously explain the variance of SR, with moderate predictive ability. Where OCF has a more dominant contribution to SR, compared to the contribution from NP. The findings concluded that OCF partially had a positive and significant effect on SR. However, NP has no effect on SR. Meanwhile, OCF and NP simultaneously had a positive and significant effect on SR. The results of the empirical data exploration of this study succeeded in proving the two hypotheses proposed, namely H₁, and H₃, but failed to prove H_2.The implication is that the level of smoothness and balance of cash flow from operating activities is one of the important factors for the measure of management performance in ensuring the good running of the company's operations, and allows the level of revenue, profit achievement, return on investment and various obligations to be fulfilled for a certain accounting period.

The effect of rewards and punishments on employee performance

Wita Yuliana — 2024-09-08

The purpose of this study is to determine the effect of rewards and punishments on employee performance (EP). The research design is with a quantitative approach, with the type of survey. The research sample was 182 respondents who were selected using the random sampling technique from the probability sampling method. The main source of research data is the primary data source obtained from respondents' responses to the questionnaire that was distributed. The analysis method was carried out by testing the validity and reliability of research instruments and testing classical assumptions, followed by a descriptive statistical test, correlation test, determination coefficient test and multiple linear regression model test, while the significance test of effect was applied t test and F test, using the SPSS v.26 program. The results of the study show that there is a strong correlation between reward and punishment and employee performance, the direction of the correlation of the three is positive. Rewards and punishments have a positive and significant effect on employee performance, both partially and simultaneously, so that H₁, H₂ and H₃ are proven to be acceptable. Rewards and punishments can explain the variance of employee performance, with strong predictive ability on the R² = 74,2% value criterion, where punishment has a more dominant effect contribution. The implication is that rewards and punishments are two mechanisms that are often used to motivate and regulate the performance of individuals or groups of employees in a company.

The effect of receivables turnover and working capital turnover on the current ratio

Siti Anisa Yuniar — 2024-09-08

The purpose of this study is to explore the effect of accounts receivable turnover (ART) and working capital turnover (WCT) on the current ratio (CR). Case study at PT. Astra Agro Lestari Tbk, which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach. Observation and documentation data collection techniques, research data sources are secondary data with a ratio data scale. The unit of analysis is the company's financial statements, the purposive sampling approach was chosen in the sample withdrawal for 36 quarters, namely for nine periods of financial statement data from 2015-2023. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The results showed that there was a weak correlation between ART and WCT and CR. There is no linear relationship between ART and CR, as well as between WCT and CR. ART partially has a significant negative effect on the CR. WCT partially has no effect on the CR. However, the ART and WCT simultaneously have a positive and significant effect on the CR. Receivables turnover (ART) and working capital turnover (WCT) can simultaneously explain the current ratio (CR) variance, with moderate contribution and predictive power.

The effect of return on asset and net profit margin on stock price

Siti Silvia Sari — 2024-09-08

The purpose of this study is to determine the effect of return on asset (ROA) and net profit margin (NPM) on stock prices (SRs). Case study at PT. Hanjaya Mandala Sampoerna (HMSP), which is listed on the Indonesia Stock Exchange (IDX). Research design with a quantitative approach. The collection technique is documentation with the source of research data being secondary data with a ratio data scale. The unit of analysis is the company's financial statements, the purposive sampling approach was chosen in the sample withdrawal for 32 quarters, namely during eight periods of financial statement data from 2016-2023. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The results show that ROA and NPM have a very strong correlation simultaneously with the SRs, the correlation of the three has a positive direction. However, there is a moderate correlation between ROA with SRs, and shows a very weak correlation between NPM with SRs, the relationship is almost opposite and does not show a linear relationship. ROA has no effect on the SRs. NPM has no effect on SRs. Interestingly, ROA and NPM simultaneously have a positive and significant effect on SRs. ROA and NPM can simultaneously explain the variance of SRs, with its very strong predictive ability.

Net profit margin: the effect of current ratio and debt to equity ratio

Siti Masamah — 2024-09-12

The purpose of this study is to determine the effect of current ratio (CR) and debt to equity ratio (DER) on net profit margin (NPM). A case study at PT. Indofood CBF Sukses Makmur Tbk, which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach. The collection technique is documentation with the source of research data being secondary data with a ratio data scale. The unit of analysis is the company's financial statements, the purposive sampling approach was chosen in the sample withdrawal for 32 quarters, namely during eight periods of financial statement data from 2016-2023. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The results show that the CR and DER partially have a negative correlation with NPM. Interestingly, the CR and DER simultaneously have a very strong correlation with the NPM, the correlation of the three has a positive direction. However, CR has no effect on the NPM. DER partially has a significant negative effect on NPM. Meanwhile, the CR and DER simultaneously have a positive and significant effect on the NPM. Where, CR and DER simultaneously have an effect contribution to NPM, with an R² value of 53%. The research findings also concluded that CR and DER together have strong predictive ability in explaining NPM variance.

The effect of debt to equity ratio and current ratio to return on equity

Dewi Puspitasari — 2024-09-12

The purpose of this study is to determine the effect of debt to equity ratio (DER) and current ratio (CR) on return on equity (ROE). Case study at PT. Bukit Asam Tbk, which is listed on the Indonesia Stock Exchange (IDX). The research design is with a quantitative approach, using secondary data sources with a ratio data scale. The unit of analysis is the company's financial statements for the eight reporting periods from 2015-2022, explored and analyzed in 32 quarters, selected with a purposive sampling approach. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The findings show that the DER and CR have a very weak correlation with ROE. Statistically, it was concluded that DER and CR simultaneously had only a very small contribution to ROE, where ROE was affected by many other factors that are not studied. As a result, the ROE variance is highly unlikely to be explained by DER and CR in this study. The findings of the study also concluded that DER and CR had no effect on ROE, either partially or simultaneously. The results of this study did not succeed in proving all the hypotheses proposed, namely, H₁, H₂ and H₃.

The influence of current ratio and solvency on financial performance

Astri Nur'afifah — 2024-09-13

The purpose of this study is to determine the influence of current ratio (CR) and solvency on financial performance proxied by return on investment (FP_ROI). A case study at PT. Perumda Air Minum Tirta Jaya Mandiri, Sukabumi. The research design uses a quantitative approach, using secondary data sources with a ratio data scale. The unit of analysis is the company's financial statements for five reporting periods from 2019-2023, which are explored and analyzed in 20 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The findings of the study show that CR and solvency have a low correlation with financial performance, the correlation of the three has the same direction. However, CR has no partial influence on financial performance. Solvency has a significant negative influence on financial performance. Meanwhile, CR and solvency simultaneously have a positive and significant influence on financial performance. However, CR and solvency, simultaneously in explaining the variance of financial performance, were at a low level at R² = 7,1%. The implication is that the high or low level of CR and solvency of the company still has an important role in supporting the quality of the company's financial performance. Current ratio and solvency can measure whether a company's performance is running well or vice versa.

Eksplorasi pengaruh ukuran perusahaan dan debt to equity ratio terhadap return on asset

Hamidah Hamidah — 2024-09-13

The purpose of this study is to explore the relationship between company size (CZ) and debt to equity ratio (DER), as well as the effect of both on return on assets (ROA). Case study at PT. Mayora Indah Tbk listed on the Indonesia Stock Exchange (IDX). The research design with a quantitative approach, the main data is the secondary data source with a ratio data scale. The unit of analysis is the company's financial statements for eight reporting periods from 2016-2023, which are explored and analyzed in 32 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The findings of the study showed that CZ had a weak and insignificant positive correlation with ROA. However, there is a negative correlation between DER with ROA. CZ and DER simultaneously had a low positive correlation with ROA. This condition explains that the predictive ability of CZ and DER against the variance of ROA is in the weak category. The findings of the study also concluded that CZ and DER had no effect on ROA, either partially or simultaneously. Where, ROA can be predominantly influenced by many other factors compared to the role of two predictors in this research model.

Return on assets: the effect of current ratio and net profit margin

Hani Dea Lisnawati — 2024-09-14

The purpose of this study is to determine the effect of current ratio (CR) and net profit margin (NPM) on return on assets (ROA). Case study at PT. Astra Otoparts, which is listed on the Indonesia Stock Exchange (IDX). The research design is by choosing a quantitative approach, secondary data sources as the main data with a ratio data scale. The unit of analysis is the company's financial statements for eight reporting periods from 2015-2022, which are analyzed in 32 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis methods used with classical assumption tests, correlation tests, calculation and analysis of determination coefficient models, and multiple linear regression model tests, as well as hypothesis tests by applying t-tests and F-tests, using Ms. Excel and SPSS v.26 applications. The findings of the study showed that CR had a weak and insignificant correlation with ROA. While NPM with ROA have a strong and significant correlation, there is a strong relationship between the two. CR and NPM simultaneously have a strong and significant unidirectional correlation with ROA. However, CR has no effect on ROA. Meanwhile, NPM partially had a positive and significant effect on ROA. CR and NPM simultaneously have a positive and significant effect on ROA. Where, CR and NPM can simultaneously explain the variance of ROA, with moderate prediction ability in the R² range of 46,1%. The implication is that an increase in CR and NPM can contribute to an increase in ROA, which can be used as an important indicator for the achievement and measure of management and company performance.

Pengaruh pendapatan usaha dan quick ratio terhadap laba bersih

Hamdan Nursamsi — 2024-09-14

The purpose of this study is to determine the effect of operating income (OI) and quick ratio (QR) on net profit (NF). Case study at PT. FKS Food Sejahtera Tbk which is listed on the Indonesia Stock Exchange (IDX). The research design is by choosing a quantitative approach, secondary data sources as the main data with a ratio data scale. The unit of analysis is the company's financial statements for eight reporting periods from 2016-2023, which are analyzed in 32 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis methods used with classical assumption tests, correlation tests, calculation and analysis of determination coefficient models, and multiple linear regression model tests, as well as hypothesis tests by applying t-tests and F-tests, using MS. Excel and SPSS v.26 applications. The findings of the study show that OI has a very strong and significant correlation with NF, and there is a linear relationship between the two. However, the QR has a low correlation with NF, and the two do not show a linear relationship. Meanwhile, OI and QR simultaneously have a very strong positive correlation with NF. OI partially has a positive and significant effect on NF. However, the QR partially has a significant negative effect on NF. The OI and QR simultaneously have a positive and significant effect on NF. Where, OI and QR can simultaneously explain the variance of NF, with the ability to predict is in a very strong category at an R² value of 82,4%.

Pengaruh pertumbuhan perusahaan dan pertumbuhan penjualan terhadap return on assets

Lia Alfitria — 2024-09-15

This study aims to determine the effect of firm growth (FG) and sales growth (SG) on return on assets (ROA). Case study at PT. Indofood CBP Sukses Makmur Tbk which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach based on ex post facto, secondary data sources as the main data with a ratio data scale. The unit of analysis is the company's financial statements for eight reporting periods from 2016-2023, which are analyzed in 32 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis methods used with classical assumption tests, correlation tests, calculation and analysis of determination coefficient models, and multiple linear regression model tests, as well as hypothesis tests by applying t-tests and F-tests, using MS. Excel and SPSS v.26 applications. The findings show that FG with ROA have a very weak correlation, but show a linear relationship between the two. Meanwhile, SG does not show a linear relationship with ROA, where if there is a change, the two are on different paths. FG and SG simultaneously have a moderate correlation with ROA. However, the FG and SG had no effect on ROA, either partially or simultaneously. Where, the variance of ROA as small can be explained by the FG and SG at the same time. Therefore, the results of this study conclude that FG and SG have very weak prediction ability on ROA and there is no effect of both on ROA.

The effect of return on equity and dividend payout ratio on stock prices

Siti Nuryanti — 2024-09-15

This study aims to determine the effect of return on equity (ROE) and dividend payout ratio (DPR) on stock prices (SPs). Case study at PT. Bank Central Asia Tbk, which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach, based on the ex post facto method, secondary data sources as the main data with a ratio data scale. The unit of analysis is the company's financial statements for eight reporting periods from 2015-2022, which are analyzed in 32 quarters selected using a purposive sampling approach. The data analysis methods were used with classical assumption tests, correlation tests, calculation and analysis of determination coefficient models, and multiple linear regression model tests, as well as hypothesis tests by applying t-tests and F-tests, using MS. Excel and SPSS v.26 programs. The findings of the study, both ROE and DPR partially have a weak positive correlation with SPs, and showed a linear relationship between the three at positive but low b₁ and b₂ values, respectively. Meanwhile, ROE and DPR simultaneously have a strong and unidirectional correlation with SPs. ROE and DPR simultaneously have a strong contribution to the SPs, so ROE and DPR should be able to explain the variance of SPs with a strong predictive ability. However, interestingly, the results of the significance test of the effect concluded that the ROE and DPR had no effect on the SPs, either partially or simultaneously. RQ₁, RQ₂ and RQ₃ have been answered, but this study did not succeed in proving all the hypotheses proposed, namely H₁, H₂, and H₃, so it is interesting to conduct further exploration with a similar topics by expanding the sample size and enriching other relevant predictors.

Financial performance: the effect of debt to equity ratio and return on asset

Dini Trinovalia — 2024-09-16

This study aims to determine the effect of debt to asset ratio (DAR) and return on assets (ROA) on financial performance (FP). Case study at PT. Indomobil Sukses Internasional Tbk, which is listed on the Indonesia Stock Exchange (IDX). The research design is with a quantitative approach, secondary data sources as the main data with a ratio data scale. The unit of analysis is the company's financial statements for eight reporting periods from 2015-2022, which are analyzed in 32 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The findings of the study show that DAR has a weak and directional correlation with FP. Meanwhile, ROA with FP have a strong and unidirectional correlation. DAR and ROA, respectively, show that there is a linear relationship with FP in line with the direction of the values b₁ and b₂. DAR and ROA simultaneously have a strong correlation and are significantly unidirectional with FP. DAR and ROA have a positive and significant effect on FP, both partially and simultaneously. Where, DAR and ROA can explain the variance of FP with the predictability in the moderate category, in the range of R² of 48,2%. The findings of this study have answered RQ1, RQ2, and RQ3, and also succeeded in proving all the hypotheses proposed, namely H1, H2, and H3. However, DAR has a more dominant contribution in influencing FP than ROA.

Pengaruh current ratio dan debt to equity ratio terhadap return on equity

Citra Sabilla Anshori Putri — 2024-09-16

This study aims to determine the effect of current ratio (CR) and debt to equity (ROE) on return on equity (ROE). A case study at PT. Unilever Indonesia Tbk, which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach, exploration of phenomena and research data by ex post facto method, using secondary data sources with ratio data scales. The unit of analysis is the company's financial statements for eight reporting periods from 2016-2023, which are analyzed in 32 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis method was used with classical assumption test, correlation test, calculation and analysis of the determination coefficient model, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using the SPSS v.26 program. The findings of the study, both CR and DER each have a weak correlation and are in line with ROE. However, CR and DER did not show a linear relationship with ROE, respectively, according to the magnitude and direction of coefficient b₁, and b₂. Meanwhile, the CR and DER simultaneously have a strong correlation and are in line with the ROE. However, CR partially has a significant negatif effect on ROE. The DER partially has no effect on ROE. Meanwhile, the CR and DER simultaneously have a positive and significant effect on ROE. The ability between the CR and the DER simultaneously in explaining the variance of ROE is at a moderate prediction level, which is in the range of R² of 47,5%.

Employee performance: the relationship between leadership style and work incentives and their effects

Indah Dwi Cahyani — 2024-09-18

This study aims to explore the relationship between leadership styles (LS) and work incentives (WIs), as well as their effects on employee performance (EP). The research design is with a quantitative approach, with the type of survey. The research sample of 93 respondents was selected using random sampling techniques from the probability sampling method. The main source of research data is the primary data source obtained from respondents' responses to the questionnaire that was distributed. The analysis method was carried out by the research instrument test, followed by a descriptive statistical test, correlation test, determination coefficient test and multiple linear regression model test, while the influence significance test was applied t-test and F-test, using the SPSS v.26 program. The findings of the study, both LS and WIs have a strong and significant relationship with EP. Meanwhile, the relationship between the three is simultaneously very strong and significant. LS and WIs, respectively, show a linear relationship with EP according to the coefficient values b1 and b₂. The findings from the results of the exporation also concluded that LS and WIs had a significant positive effect on EP, both partially and simultaneously. Where, LS and WIs can explain the variance of EP, with strong predictive ability at an R² value of 70,2%. The results of this study have answered RQ1, RQ2, and RQ3, and also succeeded in proving that all hypotheses, namely H1, H2, and H3 are acceptable.

Pengaruh struktur modal dan kualitas laba terhadap nilai perusahaan

Yuni Sri Wahyuni — 2024-09-18

This study aims to determine the influence of capital structure (CS) and profit quality (PQ) on firm value (FV). Case study at PT. ABM Investama Tbk, which is listed on the Indonesia Stock Exchange (IDX). The research design uses a quantitative approach, exploration with the ex post facto method, using secondary data sources with a ratio data scale. The unit of analysis is the company's financial statements for six reporting periods from 2018-2023, which are analyzed in 24 quarters, with the purposive sampling approach chosen in the sample draw. The data analysis method used with classical assumption test, determination coefficient model calculation and analysis, and multiple linear regression model test, as well as hypothesis test by applying t-test and F-test, using Ms. Excel and EViews v.12 program. The findings of the study show that CS and PQ have a weak and insignificant correlation with FV. However, the CS and PQ still show a linear relationship with the FV, according to the direction and magnitude of the values of b₁ and b₂. Interestingly, the results of the influence significance test show that both t-test results can be concluded that t-stat<t-table with p-value.>0,05, and the F-test result shows F-Stat<F-table with p-value>0,05. Therefore, the results of this study conclude that CS and PQ do not influence the FV, either partially or simultaneously. The CS and PQ simultaneously can only account for a small part of the FV variance, so it has no statistical influence. This study did not succeed in proving all the hypotheses proposed, namely H₁, H₂, and H₃.

Exploring the influence of organizational culture and work discipline on employee performance

Eka Pranajaya — 2024-11-29

The purpose of this study is to explore the influence of organizational culture (OC) and work discipline (WD) on employee performance (EP). The type of survey chosen with a quantitative approach was chosen in designing this research model. The primary data source was obtained from a questionnaire of 32 respondents as a research sample selected with a purposive sampling approach. Data analysis methods with validity test and instrument reliability test, classical assumption test, and descriptive statistical test. Meanwhile, the influence test was carried out by applying a correlation test, calculation and analysis of the determination coefficient model (Adj.R²) and multiple linear regression model tests, using the SPSS v.26 program. The findings of the study illustrate that OC and WD are already in the good category, EP also reflects being in good performance. OC has a very strong correlation with EP, while WD and EP have a strong correlation, the direction of the correlation of the three is confirmed to be positive. OC and WD can simultaneously explain their effects on EP, both of which have very strong predictive abilities on EP variance. Partially, both OC and WD have a positive influence on EP. The findings from the exploration results also conclude that OC and WD simultaneously have a very strong correlation and can predict EP, with the same direction of the company. The impact is that OC and WD simultaneously have a positive influence on EP.