scholarly journals PENGARUH STRUKTUR KEPEMILIKAN TERHADAP KEUNGGULAN DAYA SAING BERKELANJUTAN BERDASARKAN REPUTASI UKURAN AKUNTANSI BUMN Tbk INDONESIA

El Dinar ◽  
2014 ◽  
Vol 1 (01) ◽  
Author(s):  
Tona Aurora Lubis ◽  
Wirmie Eka Putra

<p>This study aims to find and analyze models of the effect of ownership structure on the sustainable competitive advantage based on the reputation of the size of the accounting Indonesia’s privatized SOEs. The sample of this study a total of 14 SOEs Tbk Indonesia. Analysis of the data in this study using the Partial Least Square (PLS). Results penelitain found that increasing public ownership in the ownership structure of Indonesia’s privatized SOEs to improve sustainable competitive advantage based on the reputation of the accounting measure of increased return on equity (ROE), an increase in return on assets (ROA), an increase in the actual dividend payout ratio (ADPR).</p><br />

2020 ◽  
Vol 20 (3) ◽  
pp. 206
Author(s):  
Ira Puspita Setyaningsih ◽  
Indah Yuliana

The research objective is to examine the direct effect of TATO and ROA on the DPR, TATO on ROA, and the indirect effect of TATO on the DPR through ROA in the consumer goods industry sector in 2016-2018. The study population was all companies in the consumer goods industry sector with a total of 38 companies, while the samples taken were 21 companies. This type of research is quantitative research using Warp Partial Least Square (Warp-PLS) for data analysis. The direct effect test results show that TATO has no significant effect on the DPR, TATO significantly influences ROA and ROA significantly influences DPR. While the results of indirect influence testing prove that TATO significantly influences DPR through ROA, so the higher ROA is closer to the relationship between TATO and DPR. Keywords ? Total Assets Turnover (TATO); Return On Assets (ROA); Dividend Payout Ratio (DPR)


2021 ◽  
Vol 4 (2) ◽  
pp. 279-294
Author(s):  
Ikhram Hafiz Rahmadi ◽  
Ali Mutasowifin

Berlainan dengan asset tradisional yang berwujud, intellectual capital merupakan hidden value yang kurang memperoleh perhatian. Penelitian ini menguji pengaruh intellectual capital terhadap kinerja keuangan dan nilai perusahaan. Penelitian ini menggunakan metode value added intellectual coefficient (VAIC) sebagai indikator untuk menghitung nilai intellectual capital perusahaan. Kinerja keuangan diukur oleh empat indikator yaitu Return on Assets (ROA), Return on Equity (ROE), Debt to Assets (DAR) dan Debt to Equity (DER). Nilai Perusahaan diukur oleh indikator Earning per Share (EPS), Price to Earning  Ratio (PER), Price to Book Value Ratio (PBV), dan Tobin’s Q. Penelitian ini menggunakan alat analisis Partial Least Square (PLS) dengan memanfaatkan aplikasi SmartPLS versi 3.2.2. Sampel dalam penelitian ini adalah perusahaan sektor keuangan pada Bursa Efek Indonesia pada 2017-2019. Hasil penelitian menunjukan bahwa terdapat pengaruh positif dan signifikan antara Intellectual Capital terhadap Kinerja Keuangan dan Nilai perusahaan.


2019 ◽  
Vol 32 (1) ◽  
pp. 2-15 ◽  
Author(s):  
Aluisius Hery Pratono ◽  
Noviaty Kresna Darmasetiawan ◽  
Ananta Yudiarso ◽  
Bok Gyo Jeong

Purpose This paper aims to examine the role of the inter-organizational learning contributing in transforming the green entrepreneurial orientation and market orientation to the improvement of sustainable competitive advantages. Design/methodology/approach The structural equation model was established to explain the complex relationship between green entrepreneurial orientation, market orientation and sustainable competitive advantage. To test the hypothesis, this study used partial least square with data from a survey of 280 firms. Findings There is a strong tendency that the inter-organizational learning plays a pivotal role as an intervening variable that operates by receiving the input from green entrepreneurial orientation and market orientation, which plays as the exogenous construct. Hence, the greater inter-organizational learning leads the firms to achieve the greater sustainable competitive advantage. Originality/value This study extends the discussion on how organization should contribute to the well-being of the economic, social and environmental system by investigating the role of inter-organizational learning in achieving the sustainable competitive advantage.


2015 ◽  
Vol 9 (2) ◽  
pp. 31
Author(s):  
Tita Djuitaningsih ◽  
Erista Eka Ristiawati

This research aims to examine the effect of environmental performance and foreign ownership refer to financial performance in PROPER’s companies participant ,in cases where CSR Disclosure as a intervening variable. This study uses 34 samples of firms that listed as participant of Program Peringkat Kinerja Perusahaan Dalam Pengelolaan Lingkungan Hidup (PROPER) for the period of 2005 and 2007. Applying a partial least square method – PLS, this study found that environment performance has no effect to CSR Disclosure. Foreign ownership has an effect to CSR Disclosure. In other side, environmental performance and foreign ownership has and effect to return on assets one year ahead and return on equity one year ahead (ROAt+1 and ROEt+1), but they had no effect to company return (Rt+1) in one year ahead.The results of this study indicate that the CSR Disclosure can not be an intervening in the relationship between foreign ownership and environmental performance with financial performance. Keywords: environmental performance, PROPER, foreign ownership, financial performance, CSR Disclosure


2018 ◽  
Vol 7 (2.29) ◽  
pp. 125 ◽  
Author(s):  
Leonardus W Wasono ◽  
Asnan Furinto

Digital technology drives the changing more exponential across all industry. Telecommunication is one of industries that having significant impact of digital disruption. Thus, it become the issue for incumbent telecommunication company to sustain their future business. The incumbents require to re-inventing its strategy to anticipate the rapid changing in digital disruption. Two big challenges for incumbents are how to take the opportunity in digital disruption through innovation management? and how to accelerate internal digital transformation lead by digital leadership capability. This study aims to examine the effect of digital leadership and innovation management for incumbent telecommunication company in Indonesia in facing the digital disruption and transform into digital telco. This study uses quantitative method in incumbent telecommunication company in Indonesia with sample of 100 respondents. The statistical test used is Partial Least Square (PLS). The result of hypothesis testing found that both digital leadership and innovation management effect to sustainable competitive advantage, where the digital leadership have a greater influence in driving innovation management. This research has implication for incumbent telecommunication company in Indonesia in its effort to transform into digital telco and increase sustainable competitive advantage in disruptive era through strengthening the digital leadership and innovation management. 


MANAJERIAL ◽  
2019 ◽  
Vol 6 (2) ◽  
pp. 53
Author(s):  
Rahmat Agus Santoso ◽  
Anita Handayani

Dividend distribution becomes a complicated problem due to differences in interests between  management and shareholders. Dividends are part of the profits obtained by the company during its business which are distributed to shareholders. The dividend payout ratio determines the amount of profit divided into cash dividends and retained earnings. If the retained earnings of the company are large, the profit to be paid as a dividend will be smaller. Important aspect of dividend policy is determining the appropriate profit allocation between payment of earnings as retained earnings and earnings as dividends. Analysis of the data used in this study uses Partial Least Square (PLS). Debt to Equity Ratio (DER) has a significant negative effect on Return on Assets (ROA). Debt to Equity Ratio (DER) does not directly influence Dividend Payout Ratio (DPR). Return on Assets (ROA) has a significant positive effect on Dividend Payout Ratio (DPR). Return on Assets (ROA) is not able to mediate between Debt to Equity (DER) with Dividend Payout Ratio (DPR).


2021 ◽  
Vol 24 (2) ◽  
pp. 399-418
Author(s):  
Cacik Rut Damayanti ◽  
Nila Firdausi Nuzula ◽  
Sri Sulasmiyati ◽  
Amalia Agista Maharani

This study aims to acknowledge how environmental performance, corporate governance, competitive advantage, and financial performance-linked each other in Japan. The data used are data from chemical, pharmaceutical, and machinery sub-sector companies listed on the Japan Exchange Group 2013 - 2018. This research was explanatory research using a quantitative approach and implemented Partial least Square (PLS). This study found that the board of directors and firm performance have no significant effect on the company's environmental performance, while corporate control and ownership structure provide a different result. Then, environmental performance and ownership structure have been proven to bring a significant contribution to the company's competitive advantage. Reflecting on Japan, this study suggests several recommendations to the Indonesian Ministry of Environment and Forestry to develop environmental conservation schemes and concepts implemented by public companies in Indonesia and the Indonesian Ministry of Finance to develop applicable environmental accounting concepts for public companies in Indonesia.


2021 ◽  
Vol 5 (1) ◽  
pp. 55-73
Author(s):  
MUHAMMAD NAVEED AHMAD ◽  
FARMAN ULLAH KHAN ◽  
YOUSAF KHAN

The purpose of this study is to analyze the influence of board composition, ownership structure on dividend payout policy. Ordinary Least Square and Logistic regression models were applied to test the estimation in Pakistani KSE 100-index firms for the period of 2005 to 2014. Corporate Governance (board composition and ownership structure) were taken as independent variables, dividend payout / dividend decision as dependent variables. It is ascertained that the board size, executive director, institutional, foreign ownership and return on equity are significantly influenced on dividend payout /decision. Over study results evidenced that those firms who have higher profitable provide signal to the market to pay higher dividend in Pakistani firms and intended to resolve the agency problems issues.


HABITAT ◽  
2020 ◽  
Vol 31 (3) ◽  
pp. 161-168
Author(s):  
Condro Nugroho ◽  
Vi'in Pertiwi ◽  
Deny Meitasari

BUMDes is one of the income sources for the village managing assets, services, and other businesses for the village community's welfare. BUMDes empowers rural communities as an autonomous region in increasing productive efforts to alleviate poverty and unemployment. Therefore, the measurement of BUMDes's performance needs to be done through the level of local resources used and the implications of the results achieved. It was required to formulate appropriate development policies so that BUMDes have high competitiveness and fulfill their role in increasing the community's economic independence. This study was conducted in East Java BUMDes because East Java province is the third province with the largest number of BUMDes in Indonesia, so it was quite representative to represent the presence of BUMDes in Indonesia. This research used a quantitative approach carried out using the structural equation modeling-partial least square (SEM-PLS) method with the Resource-based View (RBV) approach to measure the effect of BUMDes resources used on its competitiveness. The analysis showed that structural capital had a positive effect on human capital and relational capital. Human capital had also been proven to have a positive effect on relational capital. The indicator that influenced competitive advantage was human capital. Training is needed to increase the human resources capacity, online marketing training and organizational reform, infrastructure, and professional management systems need to be done.


2022 ◽  
Vol 10 (1) ◽  
pp. 155-160 ◽  
Author(s):  
Itang, H.S. Sufyati ◽  
Asep Dadan Suganda ◽  
Shafenti Shafenti ◽  
Mochammad Fahlevi

The purpose of this research is to better understand the impact of supply chain management (SCM) and flexibility on firm performance, as well as the role of competitive advantage in mediating the model in Indonesian agriculture companies. Companies must apply supply chain management and supply chain flexibility (SCF) to boost industrial competitiveness, which impacts firm performance. To ensure that supply chain management supports the company's strategy, companies must evaluate supply chain concerns. From the literature search, researchers have not found any published studies or articles on SCM and SCF in their influence on firm performance through competitive advantage, specifically for corn companies in Indonesia. The population in this study includes agriculture companies in Indonesia. Sampling was carried out using probability sampling technique, the total population of 200 obtained a sample size of 133.333 which can be rounded up to 134 research samples. The inferential statistical method used in the data analysis of this study was the Partial Least Square Version 3 program. The study found that SCM influenced firm performance and SCF had a direct influence on firm performance. However, competitive advantage variable failed in being a mediator in SCM and SCF on firm performance.


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