scholarly journals Evaluasi Kinerja Keungan Dengan Menggunakan Strategic Variance Analysis

2020 ◽  
Vol 11 (1) ◽  
pp. 11-26
Author(s):  
Nurul Hasanah
Keyword(s):  
Qualitative Analysis ◽  
Financial Performance ◽  
Competitive Strategy ◽  
Evaluation Method ◽  
Single Case ◽  
Variance Analysis ◽  
Primary Data ◽  
Operating Income ◽  
Differentiation Strategy ◽  
Descriptive Qualitative

AbstractThis study aims to evaluate the financial performance of Satuan Pendidikan Kerjasama X, a privately-owned Education Operation Unit in Jakarta. The growing amount of SPK schools in Jakarta demands a good competitive strategy with regards to cost leadership and product differentiation to better position the school in the market. The problem in this study is the absence of an evaluation method to assess the effectiveness of the implemented strategy and this research attempts to use Strategic Variance Analysis (SVA) to evaluate the change in the school’s operating income between the period of 2017-2018 and 2018-2019 academic year in the context of growth, price recovery, productivity and capacity underutilization components. This research was designed using a single case study with a mixed-method approach. The data used are primary data collected from interviews and document analysis (in the form of the school’s financial data). Data analysis was conducted using descriptive qualitative analysis approach. The study indicates that the growth, price-recovery, productivity and capacity underutilization components are showing unfavourable results. The declining student number, the increase of teachers’ remuneration and fee discount are the main causes of the decrease in operating income, while 77% of operating income drop comes from productivity component. It shows that the focused differentiation strategy implemented has not shown effective results and the school needs to increase its cost efficiency by considering the results shown by SVA in preparing for the upcoming budgeting.  Keywords: Competitive Strategy; Financial Performance; Strategic Variance Analysis; Education Operation UnitAbstrakPenelitian ini bertujuan untuk mengevaluasi kinerja Keuangan pada Satuan Pendidikan Kerjasama (SPK) X, sebuah sekolah swasta internasional yang beroperasi di daerah Jakarta. Berkembangnya jumlah sekolah SPK di Jakarta menuntut adanya strategi kompetitif yang bagus dalam hal efisiensi biaya dan diferensiasi produk untuk memposisikan sekolah lebih baik dalam pasar. Masalah dalam studi ini adalah ketiadaan metode penilaian efektivitas strategi yang diimplementasikan dan penelitian ini berusaha untuk menggunakan Strategic Variance Analysis (SVA) untuk mengevaluasi perubahan pada pendapatan usaha sekolah di antara periode tahun ajaran 2017-2018 dan 2018-2019 dalam konteks komponen pertumbuhan, pemulihan harga, produktivitas dan utilisasi kapasitas. Penelitian ini dirancang sebagai studi kasus dengan pendekatan metode campuran. Data yang digunakan adalah data primer yang diperoleh dari wawancara dan analisis data keuangan sekolah. Analisis data dilakukan menggunakan descriptive qualitative analysis. Hasil penelitian menunjukkan komponen pertumbuhan, pemulihan harga, produktivitas dan utilisasi kapasitas tidak memuaskan. Penurunan jumlah siswa, peningkatan gaji guru dan pemberian diskon adalah penyebab utama penurunan pendapatan usaha dan 77% dari perubahan pendapatan usaha berasal dari komponen produktivitas sehingga dapat disimpulkan strategi diferensiasi terfokus yang diterapkan tidak menunjukkan hasil yang efektif dan sekolah perlu meningkatkan efisiensi biaya dengan mempertimbangkan hasil yang diperoleh dari SVA untuk penyusunan anggaran berikutnya.Kata kunci: Strategi Kompetitif; Kinerja Keuangan; Strategic Variance Analysis; Satuan Pendidikan Kerjasama.

scholarly journals EVALUASI KINERJA KEUANGAN PERUSAHAAN MAKANAN BERBASIS ANALISIS RASIO KEUANGAN: SEBUAH STUDI KASUS

2018 ◽  
Vol 6 (2) ◽  
pp. 231-239
Author(s):  
Alexander Joseph Ibnu Wibowo
Keyword(s):  
Factor Analysis ◽  
Financial Performance ◽  
Stock Exchange ◽  
Single Case ◽  
Financial Ratios ◽  
Net Income ◽  
Financial Ratio ◽  
Operating Income ◽  
Food Company

This study aims to analyze trends in financial performance of a food company and test the validity of financial ratio instruments that have been used by financial practitioners and academics. For this reason, we designed an exploratory study through a single case study at a food company listed on the Indonesia Stock Exchange (IDX). We analyze the company's financial data using a variety of ratio analysis commonly used in financial disciplines, such as operational ratios, financial ratios, and stock performance. The analysis was deepened by describing the results of factor analysis to test the validity of financial ratio instruments. We find that the company's financial performance tends to fluctuate over time. When viewed from the sales side, the company's performance showed an increase since 2010. If we observe the profit margin, the company's financial performance tends to decrease. Operational ratio trends also show a decline from 2013 to 2015. Furthermore, the results of factor analysis indicate that the ratio of net income to overall assets is the strongest indicator to measure the company's financial ratios. In contrast to previous studies, this study found that the ratio of operating income to equity was not proven valid as a measure of financial ratios. In summary, this study succeeded in providing significant contributions and novelty for practical and theoretical interests through the validation of financial ratios that are widely used so far.

scholarly journals Pengelolaan Villa Sanyas Dalam Mengatasi Ketidaknyamanan Wisatawan Terhadap Aktivitas Wisata Malam Di Kawasan Seminyak Bali

2018 ◽  
Vol 6 (1) ◽  
pp. 26
Author(s):  
Pinkqi Gracesyani Tibuludji ◽  
Ida Bagus Suryawan
Keyword(s):  
Quality Of Service ◽  
Qualitative Analysis ◽  
Secondary Data ◽  
Development Stage ◽  
Point Of View ◽  
Primary Data ◽  
Purposive Sampling ◽  
Data Collecting ◽  
Descriptive Qualitative

The research is located in Villa Sanyas area of Seminyak-Kuta Bali. The research was conducted to find out how the management villa sanyas, and also to know the factors that make the tourist stay at villa sanyas feel uncomfortable. the choice of Seminyak as the location of this research according to th place where the tourism grows fastly. On the development stage, that tourism area still need various research from some point of view. Thus, this research focuses to identify factors which affects the uncomfortness during stay in Villa Sanyas Seminyak. This research is very important and could be reference as solutions for comfortness of tourists in Villa Sanyas. The method of data collecting in this research are observation, interview, and documentation to analyze the data collected  with descriptive qualitative analysis while primary data and secondary data. The determining of informants use is purposive sampling. Results of the study found that most tourist who stay at villa sanyas feel disturbed by the noise can be heard up to the villa, besides that also some employees who work in villa sanyas not fluent in english. Based on the report, can be suggested to the villa management to improve the quality of service toward the tourists who stay, then the tourist will feel comfort. Keywords: comfortness, tourists, management and night tourism.

scholarly journals A Strategic Variance Analysis of the Profitability of U.S. Network Air Carriers

2011 ◽  
Author(s):  
Paul Caster ◽  
Carl A. Scheraga
Keyword(s):  
Product Differentiation ◽  
Planning Process ◽  
Low Cost ◽  
Variance Analysis ◽  
Operating Income ◽  
Cost Leadership ◽  
Differentiation Strategy ◽  
Cost Strategy ◽  
Low Cost Strategy ◽  
Air Carriers

Airlines, as part of their strategic planning process, articulate positions with regard to cost leadership, product differentiation, and growth. Decisions implemented are dynamic and inter-temporal in nature. Therefore, it is often difficult to assess the effectiveness of changes in strategies, particularly since such effectiveness is often a function of the confounding forces of organizational strategy and market conditions. Managers thus need a multi-period methodology to evaluate the implementation of strategic positions. One such approach is the strategic variance analysis of operating income. Horngren et al. (2000, 2006, 2012) demonstrate a methodological template for decomposing operating income into three components: (1) growth, (2) price recovery, and (3) productivity. It is suggested that the price recovery component assesses a firm’s product differentiation strategy and that the productivity component assesses a firm’s low-cost strategy. Thus, this framework is very much in the spirit of Porter’s (1980) seminal work.This study examines U.S. network airlines in the post-9/11 environment. Utilizing the above methodology, it first identifies comparative strategic positions across airlines and then assesses the implementation efficacy of these positions.

scholarly journals Analisis kontribusi pembiayaan mudharabah dan murabahah terhadap pendapatan operasional bank syariah

El Dinar ◽  
2018 ◽  
Vol 4 (1) ◽  
pp. 62
Author(s):  
Novia Rosi Nurjannah
Keyword(s):  
Financial Performance ◽  
Good Condition ◽  
Financial Statements ◽  
Qualitative Approach ◽  
Profit Margin ◽  
Financial Ratios ◽  
Financial Reports ◽  
Operating Income ◽  
Operational Costs ◽  
Descriptive Qualitative

<p>The purpose of this study was to determine the apalication of <em>mudharaba</em> and <em>murabaha</em> financing<em> </em>on BMI and the contributions made financing on operating revenues of bank as well as assessing the financial performance of bank through the financial statements and evaluating the suitability of the application that was done BMI with PSAK 105 and 102. This study used descriptive qualitative approach, namely by looking at the financial reports of 2014 and conducted interviews. This research was to know the implementation of murabaha and mudharaba financing to operating income as well as assessing the financial performance and evaluating the suitability of the application done BMI with PSAK 105 and 102. The results of this research shows that the implementation of murabaha and mudharaba financing provided funds to customers for investments and sold goods. Mean while the bank’s contribution to the operating income of the profit/ margin derived of financing. BMI operating income obtained from various bank products and services. Financial performance that was measured by financial ratios indicated that the value of ROA was well under the Bank Indonesia regulation and BOPO ratio values can be concluded that the effeciency of operational costs incurred by the bank in good condition and not in a state of trobled banks. The accounting treatment of murabaha and mudharaba financing which included presentation, measurement, disclosure adn recognition carried BMI in Accordance with the application of PSAK 102 and 102.</p>

scholarly journals EVALUASI PELAKSANAAN PENDAFTARAN TANAH SISTEMASTIS LENGKAP DI KECAMATAN TUMPAAN KABUPATEN MINAHASA SELATAN

2020 ◽  
Vol 16 (3) ◽  
pp. 441
Author(s):  
Peggye Lenda Olivia Rembeth ◽  
Bobby Jhon Vian Polii ◽  
Leonardus Ricky Rengkung
Keyword(s):  
Data Analysis ◽  
Qualitative Analysis ◽  
Secondary Data ◽  
Data Sources ◽  
Primary Data ◽  
Land Registration ◽  
Descriptive Qualitative

This study aims to determine the evaluation of the complete systematic land registration program (PTSL) in Tumpaan District, South Minahasa Regency. The research was conducted from February to June 2020. The data sources in this study used primary and secondary data. Primary data is through direct interviews with implementers and participants. The number of respondents was 4 authorized officers and 21 participants in complete systematic land registration in 2017. Secondary data is data obtained through related agencies in this study. The data analysis used in this research is descriptive qualitative analysis. The results showed that the Complete Systematic Land Registration Activity in Tumpaan District, South Minahasa Regency has been running according to the activity stages. There were 18 or 85.71% of respondents who considered the implementation of PTSL activities in the good category, while 3 people or 14.28% considered it very good. The response to the counseling carried out by the National Land Agency Office of South Minahasa Regency, there were 2 people or 9.52% of respondents who said they did not understand the counseling delivered, while 19 respondents or as much as 90.47% said they understood the counseling about PTSL that was delivered. There were 7 people or 33.33% of the total respondents who felt very profitable about the existence of this PTSL program while 14 people or 66.66% of respondents felt the PTSL program was for them. 10 respondents or 47.61% of the total respondents did not experience difficulties in the process of managing PTSL, while 11 respondents or 52.38% had difficulties where the completeness of the files and data they had did not meet the requirements.*eprm*

Analisis Efektivitas Distribusi Zakat Produktif Dalam Meningkatkan Kesejahteraan Mustahik (Studi Kantor Cabang Rumah Zakat Sumatera Utara)

2019 ◽  
Vol 4 (1) ◽  
pp. 137
Author(s):  
Mulkan Syah Riza
Keyword(s):  
Data Analysis ◽  
Data Collection ◽  
Qualitative Analysis ◽  
Field Research ◽  
Qualitative Approach ◽  
North Sumatra ◽  
Descriptive Method ◽  
Descriptive Qualitative

This study aims to explain how the distribution of productive zakat in the Rumah Zakat North Sumatra and how the effectiveness of productive zakat distribution in improving the welfare of mustahik in the Rumah Zakat North Sumatra. This study uses a qualitative approach with a type of descriptive method, which is a problem that guides researchers to explore and photograph situations that will be thoroughly investigated, broadly and deeply. Data collection techniques with field research, while the tools used are observation, interviews and documentation. Data analysis used is descriptive qualitative analysis. The results of this study inform that in distributing productive zakat funds, Rumah Zakat is in accordance with Law No. 23 of 2011 concerning Management of Zakat. The distribution of productive zakat carried out by the Rumah Zakat North Sumatra through the Senyum Mandiri Program to mustahik in Medan Helvetia Subdistrict has been effective, because it can improve the welfare of mustahik, this is evidenced by the income of eight of thirteen mustahik people in total, five people whose income is fixed and four out of eight people whose income has increased has reached the level of muzaki.

The Terminology Form in Ngerahinin Kuningan of the Perspective Krama Pura Pemaksan Asak Pagutan

2017 ◽  
Vol 3 (2) ◽  
pp. 21
Author(s):  
Ni Nengah Suarsini
Keyword(s):  
Research Method ◽  
Qualitative Approach ◽  
Community Leaders ◽  
Primary Data ◽  
Descriptive Qualitative

The tradition of ngarahinin Kuningan in Krama temple of Pemaksan Asak Pagutan was a unique than Krama or Banjar around villages Pakramaan of Pagutan, it had some difficulties terminologies which made the witer intrest to analyze of the term to be socialized. Issues discussed also focuses only on the activities and forms of the terms used in that tradition. The research method was the descriptive qualitative approach, the sample of this research was the writer parents-in-law, brother in-law, her nephew, community leaders and elders manners. Information is used as a source of primary data include documentation in the field. The results showed that a series of activities in the tradition ngerahinin Kuningan in Krama Pura Pemaksan Asak Pagutan before a two-day feast of Kuningan, at the time, or the feast of Kuningan, as well as the three and five days after the feast of Kuningan. In addition, the forms of the term in the tradition ngerahinin Brass at Temple Pemaksan Asak Pagutan namely: (a) Monomorfemis consists of eight words that katik, don, nyuh, lekesan, dee, terune, rejang, offerings (b) Polimorfemis be: 1) affixation consists of 15 words that ngatag, ngerejang, ngelawan mepesuan, mesolasan, ngayah, melukat, mebakti, penembek, penyuud, mekidung, megibung, ngelungsur n, ebengin, mlayagin.2) reduplication consists of five words that sambah-sambah, kul- kul, umbul-umbul, nyak-cak, megoak-goakan, 3) the composition consists of five words that were provoking the middle, saye nenem, masang umbul-umbul, masang  lamak, and ngelungsur Amertha.

Analysis of Factors Affecting Financial Performance of BUKU 3 Banks with Growth of Third Party Funds as Moderating Variable

2021 ◽  
Vol 8 (12) ◽  
pp. 686-694
Author(s):  
Rasmi Naibaho ◽  
Azhar Maksum ◽  
Rujiman .
Keyword(s):  
Financial Performance ◽  
Board Of Directors ◽  
Capital Adequacy ◽  
Third Party ◽  
Operating Expense ◽  
Factors Affecting ◽  
Operating Income ◽  
Net Interest Margin ◽  
Capital Adequacy Ratio ◽  
The Relationship

The purpose of this study was to determine and analyze the factors affecting financial performance of BUKU 3 banks with growth of third party funds as moderating variable. This study uses a causality research design. The population in this study is the Banking Service Industry Company which is all Banking Companies listed on the Indonesia Stock Exchange which consists of 46 Banks. The year of observation is 2010-2020. 12 Banking Companies that have met the requirements with 11 years of research in order to obtain 132 observations. In this research, the technical analysis used is panel data regression analysis technique. The results showed that capital adequacy ratio has no effect on financial performance. Operating expense to operating income has a negative effect on financial performance. Net interest margin has a positive effect on financial performance. Non performing loan has no effect on financial performance. Loan to funding ratio has no effect on financial performance. Minimum statutory reserve has no effect on financial performance. Female board of directors has no effect on financial performance. Third party funds cannot moderate the relationship between capital adequacy ratio and financial performance. Third party funds can moderate the relationship between operating expense to operating income on financial performance. Third party funds cannot moderate the relationship between net interest margin and financial performance. Third party funds cannot moderate the relationship between non performing loan and financial performance. Third party funds cannot moderate the relationship between loan to funding ratio and financial performance. Third party funds cannot moderate the relationship between minimum statutory reserve and financial performance. Third party funds can moderate the relationship between female board of directors and financial performance. Keywords: Financial Performance, Growth, Funds.

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