PENGARUH INVESTMENT OPPORTUNITY SET, CORPORATE SOCIAL RESPONSIBILITY, DAN RISIKO BISNIS TERHADAP NILAI PERUSAHAAN

This study aims to determine the effect of investment opportunity set, corporate social responsibility and business risk on firm value. Investment opportunity set is measured using market book value equity, capital expenditure to book value of assets and corporate social responsibility is measured by corporate social responsibility disclosure index and business risk is measured by business risk in banking sub-sector companies listed on the Indonesia Stock Exchange (IDX) in 2015-2019. the method of determining the sample using purposive sampling then obtained a sample of 39 companies. The data analysis technique used is multiple regression analysis. The results showed that the investment opportunity set consisting of market book value equity had a significant effect on firm value, capital expenditure to book value of assets had no significant effect on firm value, corporate social responsibility had a significant effect on firm value, and business risk had no effect on firm value.

ANALISIS RASIO KEUANGAN UNTUK MEMPREDIKSI FINANCIAL DISTRESS PERUSAHAAN MANUFAKTUR DI BEI

ABSTRACT This study aims to examine the prediction of the company's financial difficulties using the Altman Z-score 1968 model and the effect of financial ratios including working capital to total assets, retained earnings to total assets, earnings before interest and tax to total assets, market value equity to book value. of total liabilities, and sales to total assets on financial distress. The sample used in this study is a manufacturing company listed on the Indonesia Stock Exchange (BEI) 2015-2019. Sampling in this study using purposive sampling method and obtained 64 companies. The results showed that the variables Working Capital to Total Assets (X1), Retained Earnings to Total Assets (X2), Earnings Before Interest and Tax to Total Assets (X3), Market Value Equity To Book Value of Total Liabilities (X4), and Sales to Total Assets (X5) has a positive effect on financial distress, and the most significant effect on financial distress is the variable Retained Earnings to Total Assets. From the results of SPSS 17.0 processing, the equation Z = -1,813 + 1,216 X1 + 1,837 X2 + 0.122 X3 + 0.070 X4 + 0.506 X5 is produced. Meanwhile, the discriminant model that was formed had a high enough validation rate, namely 97.6%. Keywords: Financial ratio analysis; Financial distress; Altman Z-score

PENGARUH TEKNOLOGI BIG DATA TERHADAP NILAI PERUSAHAAN MELALUI KINERJA KEUANGAN PERUSAHAAN DI BURSA EFEK INDONESIA

ABSTRACT Using the theory of Resources Based View (RBV) and the theory of Dynamic Capabilities, this study aims to examine the effect of using Big Data Technology on firm value mediated by financial performance. By using secondary data on 35 companies listed on the Indonesia Stock Exchange (IDX), using Robus regression analysis with the R Studio application, this research aims to examine the relationship between increased investment in Big Data technology and Firm Value. Company value in this research is measured using TOBINSQ, Market Value Equity Ratio (MVER) and Market to Book Value Ratio (MBVR), while financial performance is measured using Return on Assets (ROA) and Return on Equity (ROE) measurements. This research also aims to compare the three measurements which significantly affect Firm Value. The findings show that there is a significant effect of increasing investment in Big Data Technology with Firm Value using the Market Value Equity Ratio (MVER) measurement and mediated by financial performance both measured using the Return on Assets (ROA) ratio and the Return on Equity (ROE) ratio.

Viewpoint — A Pandemic’s Influence on Future Priorities

The global COVID-19 pandemic has changed our perspective on what is possible when it comes to health system transformation. Governments, decision-makers, and patients need the best available evidence to help identify health system priorities and inform discussions surrounding value, equity, access, affordability, investment, disinvestment, and risk. Against this backdrop, CADTH has embarked on the process of developing a new strategic plan to guide our priorities and help us meet the evolving needs of our stakeholders.

MUSICAL QUALITY, PERCEIVED VALUE, EQUITY IN SATISFACTION AND BEHAVIORAL INTENTION IN A JAZZ FESTIVAL

This article proposes to revisit the theory of satisfaction by integrating musical quality, functional and emotional value, as well as equity and consumer behavioral intention in the same model. The study was conducted in the context of a jazz festival with 140 individuals. Initially, the results indicate the influence of musical quality, fairness, emotional value and utility value on satisfaction. In a second step, musical quality and fairness influence emotional value and functional value. Finally, it turns out that emotional value, utility value, and satisfaction influence consumers' behavioral intentions. KEYWORDS: Musical quality, equity, emotional value, utility value, satisfaction, behavioral intention.

PENGARUH CUSTOMER EQUITY TERHADAP WOM BEHAVIOUR MELALUI PURCHASE INTENTION

AbstrakWoM behaviour merupakan bentuk dari loyalitas pelanggan, adanya loyalitas dari konsumen karena nilai dari sebuah merek dan hubungan yang dibangun perusahaan sangat baik. Ketika konsumen merasa puas dengan suatu nilai merek dan hubungan dari perusahaan maka akan menumbuhkan niat pembelian atau penggunaan produk dan jasa yang ditawarkan. Penelitian ini dilatar belakangi oleh fenomena yang terjadi pada objek wisata Gumuk Pasir Parangkusumo yang semakin ramai pengunjung dari tahun ke tahun sedangkan dulunya hanya tempat untuk kegiatan ibadah dan kegiatan masyarakat sekitar. Penelitian ini bertujuan untuk mengetahui seberapa besar pengaruh customer equity terhadap WoM behaviour melalui purchase intention pada pengunjung domestik Gumuk Pasir Prangkusumo. Data yang didapat pada penelitian ini diperoleh dari kuesioner yang dibagikan kepada 100 responden pengunjung Gumuk Pasir Parangkusumo dengan menggunakan metode accidental sampling untuk mengetahui tanggapan dari responden untuk setiap variabel. Teknik analisis yang digunakan yaitu dengan sobel test untuk mengetahui apakah ada hubungan melalui variabel mediasi secara signifikan mampu memediator dalam hubungan tersebut. Pengujian dalam penelitian ini menggunaka uji validitas, reliabilitas, dan uji asumsi klasik yaitu uji normalitas, uji heterokedastisitas, uji multikolineritas, serta menggunakan analisis regresi. Dari hasil uji tersebut didapatkan uji-t yang menunjukan bahwa value equity berpengaruh positif dan tidak signifikan terhadap purchase intention, brand equity berpengaruh positif dan signifikan terhadap purchase intention, relationship equity berpengaruh positif dan signifikan terhadap purchase intention, value equity berpengaruh positif dan signifikan terhadap WoM bheviour, brand equity berpengaruh positif dan tidak signifikan terhadap WoM behaviour, relationship equity berpengaruh positif dan signifikan terhadap WoM behaviour, dan purchase intention berpengaruh positif dan signifikan terhadap WoM behaviour. Kata Kunci : Ekuitas Pelanggan, Niat Membeli, Perilaku WoMAbstractWoM behavior is a form of customer loyalty, the loyalty of consumers because the value of a brand and the relationships that the company builds very well. When consumers are satisfied with a brand value and the relationship of the company it will foster purchase intentions or use of the products and services offered. This research is motivated by a phenomenon that occurs in the tourism object Parangkusumo Sand Dune which is increasingly crowded visitors from year to year while previously only a place for worship activities and activities of the surrounding community. This study aims to determine how much influence customer equity has on WoM behavior through purchase intentions on domestic visitors to Gumuk Pasir Prangkusumo. The data obtained in this study were obtained from a questionnaire distributed to 100 respondents who visited Parangkusumo Sand Dune using accidental sampling method to find out the responses of respondents for each variable. The analysis technique used is the sobel test to find out whether there is a relationship through mediating variables that are significantly able to mediate in that relationship. Tests in this study use validity, reliability, and classic assumption tests, namely normality test, heterokedasticity test, multicollinity test, and using regression analysis. From the test results obtained t-test which shows that value equity has a positive and not significant effect on purchase intention, brand equity has a positive and significant effect on purchase intention, relationship equity has a positive and significant effect on purchase intention, value equity has a positive and significant effect on WoM bhevior, brand equity has a positive and not significant effect on WoM behavior, relationship equity has a positive and significant effect on WoM behavior, and purchase intention has a positive and significant effect on WoM behaviorKeywords : Customer Equity, Purchase Intention, WoM Behavior