Effect of Debt to Equity Ratio and Firm Size of Return on Assets on Manufacturing Company in Indonesia Stock Exchange

This study aims to analyze the e§ect of Debt to Equity Ratio (DER) and Firm Size on ProÖtability proxy with Return on Asset (ROA) in Manufacturing company on the Indonesian Stock Exchange 2017-2019. The sample population in this study contains Manufacturing companies listed on the Indonesia Stock Exchange The number of companies used in this study were 127 company samples. The research data is quantitative data obtained from the quarterly Önancial report of Manufacture Companies. Data analysis using simple linear analysis with 5% signiÖcance level which aims to obtain how the overall ináuence of the relationship between Debt to Equity Ratio (DER), Firm Size variable and Return on Asset (ROA). The results showed that the variable Debt to Equity Ratio (DER) has a negative and signiÖcant e§ect on Return on Asset (ROA) with a value t greater than 0.005 and Firm Size has a negative and signiÖcant e§ect on Return on Asset (ROA) with a value t greater than 0.005. High DER ratio can give a picture of the negative e§ect on proÖtability and High Firm Size ratio can give a picture of the negative e§ect on proÖtability of Manufacture Company.

Optimasi perencanaan produksi menggunakan metode linier goal programming (studi kasus pada UD. Koing)

Small Medium Enterprise (SME) industry hold significant role in economic development. In order to be competitive in competition, industry demanded to be able to make optimum production plan for fulfilling the customer needs. UD KOING as one of product made based skin manufacture company from time to time demanded to maximize profit production-target volume, formulating model problems and optimization of raw material. The answer of all those challenges are by using goal programming method, where this method can achieve more than one goal only. Based on the data procession, that the company tarvet can be achieved thrugh the company profit IDR 7.089.620 and total production cost is IDR 16.635.380 by producing wallet total 51 pcs, purse 9 pcs, nametag 13 pcs, pouch 15pcs and necklace 14 pcs.

Relationship Between Shift Work and the Risk of Prostate Cancer: An Evidence Base Case Report

Prostate cancer has been associated with jobs that involve some degree of work at night. In 2007, the International Agency for Research on Cancer (IARC) concluded that shift work involving circadian disruption was probably carcinogenic in humans. Exposure to artificial LAN (Light at Night) suppresses pineal melatonin secretion and subsequently leads to an increase of sex hormones, which in turn could increase the susceptibility to hormone-dependent cancers. Disruption of the circadian rhythm regulated by several clock genes controlling apoptosis and cell proliferation, repeated phase shifting leading to internal desynchronisation and defects in the regulation of the circadian cell cycle, and also sleep deprivation alters immune function. In this case, the authors assessed the relationship between workers in a manufacture company who had worked shift work for 30 years and an increased risk of prostate cancer. This case takes evidence base from several journals that support this hypothesis while doing a critical appraisal to determine its validity and applicability.

Kesiapan Modal Insani Era Industri 4.0 pada Industri Manufaktur, Perbankan dan Telekomunikasi

Digital transformation has interested many firms or organizations in the World. This transformation relates to the context of industry 4.0. One of the most organizational parts affected by the transformation is human capital. Therefore, this research will conduct a mapping through analyzing the readiness of a firm to face industry 4.0 related to the human capital aspect (Knowledge, Hard Skills, Soft Skills, and Attitude) The method used in this research is quantitative method and employs a questionnaire survey to gather the data from telecommunication, banking, and manufacture company in Indonesia. Then, the result of the gaps is analyzed using descriptive statistics and HDI Formula. The findings of the readiness as follow; Knowledge, preliminary; Hard Skills, not ready; Soft Skills, optimal; Attitude, ready. In this case, Soft Skills become the best (optimal) in facing industry 4.0 compare to the other factors. Keywords: Readiness, gap, human capital, industry 4.0, digital

CASH FLOW, DEBT ISSUANCE, EQUITY ISSUANCE, AND FIXED ASSET INVESTMENT ON MANUFACTURE COMPANY 2010-2014CASH FLOW, DEBT ISSUANCE, EQUITY ISSUANCE, AND FIXED ASSET INVESTMENT ON MANUFACTURE COMPANY 2010-2014

Matters about financing decision based on pecking order theory’s hierarchy are currently appealing. This research strives to discover how corporate’s fixed asset investment reacts to cash flow, debt issuance, and equity issuance. Researcher uses 75 samples of manufacturing company in Indonesia during 2010-2014 period with 199 firm-year observation. Multiple linear regression’s result indicates that cash flow and debt issuance have influence towards corporate’s fixed asset investment, but the equity issuance have no influence towards corporate’s fixed asset investment. Also regression coefficient exhibits that manufacturing company in Indonesia follows pecking order theory’s hierarchy. Cash flow’s influence towards fixed asset investment is more significant than debt issuance’s, and debt issuance’s influence is stronger than equity issuance. This points out that corporate’s fixed asset investment is more sensitive towards cash flow (internal fund) compared to debt issuance (external fund), and so is debt issuance is more sensitive compared to equity issuance. With all that in mind, it is concluded that manufacturing company in Indonesia follows pecking order theory in terms of financing decision, which uses internal fund at first then started to use external fund if deemed necessary.

Increased Competitive Advantage and Supply Chain Management Improve Company Performance (Case Study in Mild Steel Rollforming Companies in East Java)

This research aims to identify the impact of supply chain management to company performance and advantage of roll-forming light steel manufacture company in East Java. The data collection was done by submitting list of questions. The data was analyzed using path analysis. This research elaborates supply chain management variable (X1), company performance variable (Y1), and competitive advantage (Y2). Results of the path analysis show that there are 3 positive and significant hypotheses. The first hypothesis is that supply chain management brings significant impact to company performance. The second hypothesis is that supply chain management brings significant impact to competitive advantage, and the third hypothesis is that competitive advantage brings significant impact on company performance. VAF (Variance Accounted For) score for intermediary variable tends to be partial mediation. Keywords: supply chain management; company performance; competitive advantage