This research presents a comprehensive examination of the economic climate of Bengkulu, a province on the southwest coast of Sumatra, Indonesia. Utilizing a mixed-methods approach, this study combined qualitative and quantitative data collected from a purposive sample of 135 participants, including local business owners, government officials, economic analysts, and residents. This study investigates various economic indicators such as income levels, employment statistics, and sectoral contributions to the regional economy. Employing a hypothetical regression analysis, this study explores the connections between sectoral contributions, employment rates, growth rates, and consumer spending in key sectors such as agriculture, services, mining, and retail and their impact on regional Gross Domestic Product (GDP) growth. The findings reveal a dynamic economic landscape with significant growth observed in certain sectors while also highlighting challenges such as economic inequality and the need for diversified economic strategies. This study not only offers insights into the current economic status and trends in Bengkulu, but also provides critical information for policy-making and strategic planning aimed at promoting sustainable and inclusive economic growth in the region.
{"title":"The dynamic economic landscape of Bengkulu: A comprehensive analysis and its implications for sustainable growth across sectors","authors":"Teguh Dwi Arsyah, Pakri Pakri","doi":"10.55942/jebl.v3i6.261","DOIUrl":"https://doi.org/10.55942/jebl.v3i6.261","url":null,"abstract":"This research presents a comprehensive examination of the economic climate of Bengkulu, a province on the southwest coast of Sumatra, Indonesia. Utilizing a mixed-methods approach, this study combined qualitative and quantitative data collected from a purposive sample of 135 participants, including local business owners, government officials, economic analysts, and residents. This study investigates various economic indicators such as income levels, employment statistics, and sectoral contributions to the regional economy. Employing a hypothetical regression analysis, this study explores the connections between sectoral contributions, employment rates, growth rates, and consumer spending in key sectors such as agriculture, services, mining, and retail and their impact on regional Gross Domestic Product (GDP) growth. The findings reveal a dynamic economic landscape with significant growth observed in certain sectors while also highlighting challenges such as economic inequality and the need for diversified economic strategies. This study not only offers insights into the current economic status and trends in Bengkulu, but also provides critical information for policy-making and strategic planning aimed at promoting sustainable and inclusive economic growth in the region.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":" 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139140164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The paper examines the relationship between entrepreneurship and economic growth, specifically focusing on the role of financial development as a factor that can influence this relationship. The authors employ the panel transition regression (PTR) model to analyze data from 96 countries spanning the years 2003 to 2020. The analysis reveals the presence of a threshold that determines the impact of entrepreneurship on economic growth. In the first regime, characterized by a lower level of financial development, the study finds no statistically significant influence of increased entrepreneurial activities on economic growth. This suggests that below a certain level of financial development, entrepreneurship alone may not contribute significantly to economic growth. However, in the second regime, which corresponds to a higher level of financial development, the study demonstrates a positive effect of increased entrepreneurial activity on economic growth. In this regime, an expansion of entrepreneurial endeavors leads to a beneficial impact on the overall economic growth of a country. These findings imply that there exists a minimum threshold of financial development required before it starts significantly contributing to economic growth. Once this threshold is surpassed, with the presence of adequate financial development, an increase in entrepreneurial activity can have a positive and substantial effect on a country's economic growth.
{"title":"A threshold panel model for exploring the nonlinear connection between entrepreneurship and economic growth","authors":"Mohsen Mohammadi Khyareh","doi":"10.55942/jebl.v3i6.243","DOIUrl":"https://doi.org/10.55942/jebl.v3i6.243","url":null,"abstract":"The paper examines the relationship between entrepreneurship and economic growth, specifically focusing on the role of financial development as a factor that can influence this relationship. The authors employ the panel transition regression (PTR) model to analyze data from 96 countries spanning the years 2003 to 2020. The analysis reveals the presence of a threshold that determines the impact of entrepreneurship on economic growth. In the first regime, characterized by a lower level of financial development, the study finds no statistically significant influence of increased entrepreneurial activities on economic growth. This suggests that below a certain level of financial development, entrepreneurship alone may not contribute significantly to economic growth. However, in the second regime, which corresponds to a higher level of financial development, the study demonstrates a positive effect of increased entrepreneurial activity on economic growth. In this regime, an expansion of entrepreneurial endeavors leads to a beneficial impact on the overall economic growth of a country. These findings imply that there exists a minimum threshold of financial development required before it starts significantly contributing to economic growth. Once this threshold is surpassed, with the presence of adequate financial development, an increase in entrepreneurial activity can have a positive and substantial effect on a country's economic growth.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":" 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139140451","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study investigates the impact of the Price-Earnings Ratio (P/E Ratio) on the stock prices of PT Bank Central Asia Tbk during the period from 2016 to 2021. Utilizing financial reports from PT Bank Central Asia Tbk, this research employs both descriptive and quantitative methods to explore the relationship. Descriptive statistics, alongside simple and multiple regression analyses, were conducted using SPSS version 25 to analyze the data. Contrary to common assumptions in financial analysis, the findings reveal that the P/E Ratio has an insignificant influence on the stock prices of PT Bank Central Asia Tbk within the timeframe studied.
本研究考察了PT Bank Central Asia Tbk在2016 - 2021年期间的市盈率(P/E Ratio)对股价的影响。本研究利用PT Bank Central Asia Tbk的财务报告，采用描述性与定量相结合的方法来探讨两者之间的关系。描述性统计，以及简单和多元回归分析，使用SPSS版本25进行数据分析。与财务分析中的常见假设相反，研究结果显示，在研究的时间框架内，市盈率对PT Bank Central Asia Tbk的股价影响不显著。
{"title":"The influence of price earnings ratio on stock prices at PT Bank Central Asia Tbk period 2016 - 2021","authors":"Janudin Janudin, Hestu Nugroho Warasto, Indah Lestari","doi":"10.55942/jebl.v3i5.244","DOIUrl":"https://doi.org/10.55942/jebl.v3i5.244","url":null,"abstract":"This study investigates the impact of the Price-Earnings Ratio (P/E Ratio) on the stock prices of PT Bank Central Asia Tbk during the period from 2016 to 2021. Utilizing financial reports from PT Bank Central Asia Tbk, this research employs both descriptive and quantitative methods to explore the relationship. Descriptive statistics, alongside simple and multiple regression analyses, were conducted using SPSS version 25 to analyze the data. Contrary to common assumptions in financial analysis, the findings reveal that the P/E Ratio has an insignificant influence on the stock prices of PT Bank Central Asia Tbk within the timeframe studied.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135979020","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to determine the effect of product and service quality on customer satisfaction at Andaf Corp Digital Printing in Bekasi. The research methodology used is the Associative method. The population in this study were all consumers who purchased at Andaf Corp Digital Printing in 2021. As many as 1,990 people using the Slovin Formula, a sample of 95 respondents was obtained. Methods of data analysis using simple linear regression test the results showed that There is an effect of product quality on consumer satisfaction at Andaf Corp Digital Printing in Bekasi. There is an effect of service quality on customer satisfaction at Andaf Corp Digital Printing in Bekasi. There is an effect of product quality and service quality on customer satisfaction at Andaf Corp Digital Printing in Bekasi. The correlation value is 0.892. The value of the coefficient of determination is 79.6%.
本研究旨在确定产品和服务质量对顾客满意度的影响。使用的研究方法是联想法。本研究中的人群均为2021年在Andaf Corp Digital Printing购买的消费者。使用斯洛文公式的人数多达1990人，获得了95名受访者的样本。数据分析方法采用简单线性回归检验，结果表明，产品质量对贝卡西安达公司数码印花的消费者满意度有影响。在Bekasi的Andaf公司数码印刷，服务质量对客户满意度有影响。研究了产品质量和服务质量对客户满意度的影响。相关值为0.892。测定系数为79.6%。
{"title":"The influence of product quality and service quality on consumer satisfaction","authors":"Ahyani Ahyani","doi":"10.55942/jebl.v3i5.242","DOIUrl":"https://doi.org/10.55942/jebl.v3i5.242","url":null,"abstract":"This study aims to determine the effect of product and service quality on customer satisfaction at Andaf Corp Digital Printing in Bekasi. The research methodology used is the Associative method. The population in this study were all consumers who purchased at Andaf Corp Digital Printing in 2021. As many as 1,990 people using the Slovin Formula, a sample of 95 respondents was obtained. Methods of data analysis using simple linear regression test the results showed that There is an effect of product quality on consumer satisfaction at Andaf Corp Digital Printing in Bekasi. There is an effect of service quality on customer satisfaction at Andaf Corp Digital Printing in Bekasi. There is an effect of product quality and service quality on customer satisfaction at Andaf Corp Digital Printing in Bekasi. The correlation value is 0.892. The value of the coefficient of determination is 79.6%.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135978401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Darmadi Darmadi, Guruh Dwi Pratama, Noto Susanto, Juwita Ramadani Fitria
This study aims to determine the effects of Transformational Leadership Style and work environments on employee performance at CV. Mitra Rajaya, both individually and collectively. The method employed is a quantitative approach with a descriptive focus. Random sampling was used to select a sample of 96 respondents. Data analysis involved validity testing, reliability testing, classical assumption testing, regression analysis, correlation coefficient analysis, determination coefficient analysis, and hypothesis testing. The findings show that Transformational Leadership Style has a significant impact on employee performance, as does the work environment. Additionally, Transformational Leadership Style and the work environment collectively have a significant influence on employee performance. The correlation coefficient value, indicating the strength of the relationship between the independent and dependent variables, is 0.833, signifying a strong relationship. The coefficient of determination, which represents the combined influence, is 0.694 or 69.4%, with other factors accounting for the remaining 30.6%.
{"title":"The impact of transformational leadership style and work environment on employee performance","authors":"Darmadi Darmadi, Guruh Dwi Pratama, Noto Susanto, Juwita Ramadani Fitria","doi":"10.55942/jebl.v3i5.241","DOIUrl":"https://doi.org/10.55942/jebl.v3i5.241","url":null,"abstract":"This study aims to determine the effects of Transformational Leadership Style and work environments on employee performance at CV. Mitra Rajaya, both individually and collectively. The method employed is a quantitative approach with a descriptive focus. Random sampling was used to select a sample of 96 respondents. Data analysis involved validity testing, reliability testing, classical assumption testing, regression analysis, correlation coefficient analysis, determination coefficient analysis, and hypothesis testing. The findings show that Transformational Leadership Style has a significant impact on employee performance, as does the work environment. Additionally, Transformational Leadership Style and the work environment collectively have a significant influence on employee performance. The correlation coefficient value, indicating the strength of the relationship between the independent and dependent variables, is 0.833, signifying a strong relationship. The coefficient of determination, which represents the combined influence, is 0.694 or 69.4%, with other factors accounting for the remaining 30.6%.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"128 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135929868","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Nuur Farid Thoha, Mutiara Ekka Suci Handayani
This study aims to determine the effect of accounting firm reputation and audit tenure on audit quality and analyze audit committees to strengthen or weaken the relationship between accounting firm reputation and audit tenure. The population in this study are property and real estate sector companies listed on the Indonesia Stock Exchange in their 2016-2021 financial statements. The sampling technique in this study used a purposive sampling method and obtained a sample of 45 companies. The analysis technique used is regression logistic analysis and Moderated Regression Analysis (MRA) using SPSS version 25.0. The result of this study indicates that accounting firm reputation does not affect audit quality, audit tenure has a positive effect on audit quality, and audit committee weakens the relationship between accounting firm reputation and audit tenure on audit quality.
{"title":"The moderation role of the audit committee in the relationship of audit reputation and audit tenure with audit quality","authors":"Muhammad Nuur Farid Thoha, Mutiara Ekka Suci Handayani","doi":"10.55942/jebl.v3i5.246","DOIUrl":"https://doi.org/10.55942/jebl.v3i5.246","url":null,"abstract":"This study aims to determine the effect of accounting firm reputation and audit tenure on audit quality and analyze audit committees to strengthen or weaken the relationship between accounting firm reputation and audit tenure. The population in this study are property and real estate sector companies listed on the Indonesia Stock Exchange in their 2016-2021 financial statements. The sampling technique in this study used a purposive sampling method and obtained a sample of 45 companies. The analysis technique used is regression logistic analysis and Moderated Regression Analysis (MRA) using SPSS version 25.0. The result of this study indicates that accounting firm reputation does not affect audit quality, audit tenure has a positive effect on audit quality, and audit committee weakens the relationship between accounting firm reputation and audit tenure on audit quality.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135979023","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The Palestine-Israel conflict, commencing on October 7th, has led to significant human and economic repercussions, with Palestine facing dire economic challenges exacerbated by multiple factors, and Israel experiencing disruptions in sectors such as construction. The paper delves into the Economic Peace Leverage Theory (EPLT), positing that economic tools can foster peace and reduce conflicts. The global Boycott, Divestment, and Sanctions (BDS) movement, aiming to influence Israel's policies towards Palestinians, aligns with EPLT's principles, drawing from historical instances like the South African anti-apartheid struggle. Despite Israel's resilient economy, BDS holds symbolic significance, influencing global narratives. The paper emphasizes that the real impact of BDS lies more in its perceptual influence than economic setbacks for Israel. To harness EPLT's potential and address the root concerns of the BDS movement, a collective global effort is vital. Such collaboration can pave the way for sustained peace and prosperity in the region.
{"title":"Economic diplomacy and conflict resolution: Harnessing the economic peace leverage theory in the Palestine-Israel context","authors":"Mochammad Fahlevi","doi":"10.55942/jebl.v3i5.249","DOIUrl":"https://doi.org/10.55942/jebl.v3i5.249","url":null,"abstract":"The Palestine-Israel conflict, commencing on October 7th, has led to significant human and economic repercussions, with Palestine facing dire economic challenges exacerbated by multiple factors, and Israel experiencing disruptions in sectors such as construction. The paper delves into the Economic Peace Leverage Theory (EPLT), positing that economic tools can foster peace and reduce conflicts. The global Boycott, Divestment, and Sanctions (BDS) movement, aiming to influence Israel's policies towards Palestinians, aligns with EPLT's principles, drawing from historical instances like the South African anti-apartheid struggle. Despite Israel's resilient economy, BDS holds symbolic significance, influencing global narratives. The paper emphasizes that the real impact of BDS lies more in its perceptual influence than economic setbacks for Israel. To harness EPLT's potential and address the root concerns of the BDS movement, a collective global effort is vital. Such collaboration can pave the way for sustained peace and prosperity in the region.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"693 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135978627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to determine the partial, simultaneous influence, and the direct and indirect effects of the development of hard skills and soft skills on the professionalism of BUMDes performance in Bintan. This research is categorized as quantitative research because it uses a questionnaire as a research instrument, which is primary data in this study. The population in this study is all BUMDes managers in Bintan Anculai. The sampling technique used is non-probability sampling, and a saturated sample is used to determine the sample
{"title":"Development of hard skills and soft skills towards BUMDES performance profesionalism in Bintan District","authors":"Nurhasanah Nurhasanah, Kiki Wulandari","doi":"10.55942/jebl.v3i5.254","DOIUrl":"https://doi.org/10.55942/jebl.v3i5.254","url":null,"abstract":"This study aims to determine the partial, simultaneous influence, and the direct and indirect effects of the development of hard skills and soft skills on the professionalism of BUMDes performance in Bintan. This research is categorized as quantitative research because it uses a questionnaire as a research instrument, which is primary data in this study. The population in this study is all BUMDes managers in Bintan Anculai. The sampling technique used is non-probability sampling, and a saturated sample is used to determine the sample","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"31 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139310150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Dewi Ervinna, Yusuf Ronny Edward, Y. Ariesa, Nindya Dewi Rizka Sari
The objective of this research is to find out the influence of social media marketing and service quality towards purchase decision through customer satisfaction as intervening variable at Royal Sutan Agung LLC., Medan. The number of samples used in this research are 78 customers of Royal Sutan Agung LLC., Medan. The sampling technique that is used in this research is the convenience sampling method. Location of the research is located at Royal Sutan Agung LLC., Medan. The data collection method that is used is by using questionnaires that has been tested previously in validity and reliability. Data analysis method that is used by using path analysis. The results of this research are social media marketing has positive and significant influence towards purchase decision, service quality has positive and significant influence towards purchase decision, social media marketing has positive and significant influence towards customer satisfaction, service quality has positive and significant influence towards customer satisfaction, customer satisfaction has positive and significant influence towards purchase decision, social media marketing has an indirect positive and significant influence towards purchase decision through customer satisfaction and service quality has an indirect positive and significant influence towards purchase decision through customer satisfaction at Royal Sutan Agung LLC., Medan.
本研究的目的是在棉兰Royal Sutan Agung LLC，通过顾客满意度作为干预变量，找出社交媒体营销和服务质量对购买决策的影响。本研究中使用的样本数量为棉兰Royal sultan Agung LLC.的78个客户。本研究采用的抽样技术是方便抽样法。研究地点位于棉兰的皇家苏丹阿贡有限责任公司。所使用的数据收集方法是通过使用之前在效度和信度上经过测试的问卷。数据分析的方法是使用路径分析法。本研究结果为:社会化媒体营销对购买决策有正向显著影响，服务质量对购买决策有正向显著影响，社会化媒体营销对顾客满意度有正向显著影响，服务质量对顾客满意度有正向显著影响，棉兰Royal Sutan Agung LLC.的顾客满意度对购买决策有正向显著影响，社交媒体营销通过顾客满意度对购买决策有间接正向显著影响，服务质量通过顾客满意度对购买决策有间接正向显著影响。
{"title":"The influence of social media marketing and service quality on customer satisfaction as an intervening variable towards the purchase decision of chest freezer products at PT. Royal Sutan Agung","authors":"Dewi Ervinna, Yusuf Ronny Edward, Y. Ariesa, Nindya Dewi Rizka Sari","doi":"10.55942/jebl.v3i4.239","DOIUrl":"https://doi.org/10.55942/jebl.v3i4.239","url":null,"abstract":"The objective of this research is to find out the influence of social media marketing and service quality towards purchase decision through customer satisfaction as intervening variable at Royal Sutan Agung LLC., Medan. The number of samples used in this research are 78 customers of Royal Sutan Agung LLC., Medan. The sampling technique that is used in this research is the convenience sampling method. Location of the research is located at Royal Sutan Agung LLC., Medan. The data collection method that is used is by using questionnaires that has been tested previously in validity and reliability. Data analysis method that is used by using path analysis. The results of this research are social media marketing has positive and significant influence towards purchase decision, service quality has positive and significant influence towards purchase decision, social media marketing has positive and significant influence towards customer satisfaction, service quality has positive and significant influence towards customer satisfaction, customer satisfaction has positive and significant influence towards purchase decision, social media marketing has an indirect positive and significant influence towards purchase decision through customer satisfaction and service quality has an indirect positive and significant influence towards purchase decision through customer satisfaction at Royal Sutan Agung LLC., Medan. \u0000 ","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134197074","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to analyze the effects of Dividend Policy, Capital Structure, and Profitability on the Firm value in the Consumer Goods sector on the Stock Exchange during the period 2013–2022. Firm size was utilized as a moderating variable. The dependent variable in this research is Firm value (Tobin's Q), whereas the moderating variable is Firm size. The population for this study was drawn from the Consumer Goods sector on the Stock Exchange for the 2013–2022 period. Out of a total population of 51 companies, 31 met the sample criteria. Two research methods were employed: the panel data regression test and the Moderated Regression Analysis (MRA). The results from the panel data regression test, using the Fixed Effect Model (FEM) method, indicate that, collectively, dividend policy, capital structure, and profitability influence the firm’s value. Individually, both dividend policy and profitability positively influence the firm’s value, while the capital structure variable does not have a significant effect. Moreover, the Moderated Regression Analysis (MRA) demonstrates that the firm size variable acts as a moderator, influencing the relationships between dividend policy, capital structure, profitability, and firm value.
{"title":"Impact of dividend policy, capital structure, and profitability on consumer goods firm value: Role of firm size (2013-2022)","authors":"Samuel Dunant Siregar, Nagian Toni, Y. Ariesa","doi":"10.55942/jebl.v3i4.234","DOIUrl":"https://doi.org/10.55942/jebl.v3i4.234","url":null,"abstract":"This study aims to analyze the effects of Dividend Policy, Capital Structure, and Profitability on the Firm value in the Consumer Goods sector on the Stock Exchange during the period 2013–2022. Firm size was utilized as a moderating variable. The dependent variable in this research is Firm value (Tobin's Q), whereas the moderating variable is Firm size. The population for this study was drawn from the Consumer Goods sector on the Stock Exchange for the 2013–2022 period. Out of a total population of 51 companies, 31 met the sample criteria. Two research methods were employed: the panel data regression test and the Moderated Regression Analysis (MRA). The results from the panel data regression test, using the Fixed Effect Model (FEM) method, indicate that, collectively, dividend policy, capital structure, and profitability influence the firm’s value. Individually, both dividend policy and profitability positively influence the firm’s value, while the capital structure variable does not have a significant effect. Moreover, the Moderated Regression Analysis (MRA) demonstrates that the firm size variable acts as a moderator, influencing the relationships between dividend policy, capital structure, profitability, and firm value.","PeriodicalId":448596,"journal":{"name":"Journal of Economics and Business Letters","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116200186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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