Indonesia's economic growth is supported by many companies, one of which is the banking sector. A good company must pay attention to various important factors in managing its operations, one of which is a dividend policy to attract investors to invest their funds. This study aims to re-examine and confirm the effect of firm size on dividend policy with market capitalization as a mediating variable and firm value as a moderating variable. The population in this study is state-owned banks in Indonesia in the 2010-2019 period. Determination of the sample using a non-probability method with purposive sampling technique and obtained as many as 4 banks with a total of 40 observations. The analysis technique used is path analysis. Analysis of the data in this study using SmartPLS 3 software. The results of this study indicate that firm size has a positive effect on market capitalization, firm size has a positive effect on dividend policy, market capitalization has a positive effect on dividend policy, market capitalization mediates the effect of firm size on dividend policy and value firms moderate the effect of market capitalization on dividend policy. Companies in the banking sector are advised not only to pay attention to internal factors that can influence dividend policy but also to the movement of macroeconomic factors. The researcher suggests examining other internal and external factors that are thought to influence dividend policy and market capitalization for further research.
This study examines factors affecting dividend policy with firm size, leverage, and profitability as control variables. Among the management policies aimed at improving the welfare of stakeholders, the result is in the form of dividends. Investors who receive dividends from companies that distribute dividends expect the company's share price to increase. The study population was all publicly listed SOEs listed on the IDX in 2022, with 20 companies in the observation year for 11 years from 2011 to 2021. The determination of the sample in this study used the non-probability sampling method with purposive sampling technique so that the total sample into 220 observed companies. This study uses multiple linear regression. The results showed that dividend premium, free cash flow, and audit delay had a significant positive effect on dividend policy, and firm size, leverage, and profitability were able to be control variables for this direct relationship.
UMKM menjadi salah satu daya tarik wisatawan domestik dan mancanegara ketika akan berwisata. Namun, tidak semua pelaku UMKM memperhatikan Sumber Daya Manusia (SDM) yang dimiliki. SDM yang bekerja di salah satu UMKM banten di Kota Denpasar hanya bisa sebagai karyawan yang mempunyai keterampilan membuat banten. Pemilik UMKM tidak terlalu mementingkan tata kelola keuangan karena pendapatan yang diterima tidak setiap hari tetapi di waktu tertentu atau atas permintaan masyarakat yang memerlukan banten. Adanya keterbatasan SDM yang paham tata kelola keuangan, maka sangat perlu memberikan edukasi tentang pentingnya laporan keuangan serta menerapkan panduan laporan keuangan UMKM kepada pemilik UMKM banten Geria Pemecutan agar UMKM tetap bisa bertahan dan mengetahui modal yang dimiliki. Selain itu berguna bagi pemilik UMKM banten untuk memisahkan antara keperluan UMKM dan pribadi.
National development of a nation includes economic development and Micro, Small and Medium Enterprises (MSMEs). The performance of MSMEs needs to be investigated because the contribution of the MSME sector to Gross Domestic Product (GDP) has increased from 57.84% to 60.34% in the last 5 years. This study aims to determine the effect of IQ, EQ, and SQ on the performance of Micro, Small and Medium Enterprises moderated by competence. The object of research is the performance of MSMEs in Denpasar City. The sampling technique used in this study is Probably sampling using a simple random technique. There are 100 MSMEs as a sample with a total of 77 statements. Based on the results of research analysis (1) competence weakens the positive influence of IQ and SQ on the performance of MSMEs in Denpasar City; and (2) competence is not able to moderate the effect of EQ on the performance of MSMEs in Denpasar City. Suggestions for further research are to develop research objects and develop research instruments by conducting personal interviews with respondents.
Investment in essence is the placement of funds at this time in the hope of gaining profits in the future. It is necessary for investors to divide funds into several types of investments to reduce the risk borne by choosing an analysis model as a basis for decisions to decide. This study uses two model analysis approaches, namely Markowitz Mode and Black Litterman Model. This research was conducted on the LQ-45 Index on the Stock Exchange from February 2015 to Jauari 2018. The sample selection technique used was purposive sampling technique and obtained 36 observations with a total observation of 108. The analysis technique used was the Wilcoxon Ranks Test. The results of the study show that the Markowitz Model has a better advantage compared to the Black-Litterman Model. This causes no short sales in the Markowitz Model, whereas in the Black-Litterman Model shows the view of investors who are subjective in analyzing portfolio performance, namely the results of analysis that cannot explain with certainty. Therefore, there is a need for consideration for investors to be able to combine the results of the analysis with the conditions that occur at this time.
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