Papers by Dicky C H A N D R A UHAMKA
Journal of Sharia Financial Management, Vol 5, No 2 (2024), 2024
The cosmetics industry in Indonesia has seen significant growth in recent years, driven by high c... more The cosmetics industry in Indonesia has seen significant growth in recent years, driven by high competition, rapid consumer trend shifts, and the need for constant product innovation. This study aims to analyze the
effects of capital structure, profitability, and firm size on the Price to Book Ratio (P/B Ratio) of companies in Indonesia's cosmetics subsector. Using a quantitative approach with a descriptive-verificative analysis, the study population includes 10 cosmetics companies listed on the Indonesia Sharia Stock Index (ISSI) from 2021 to 2023, utilizing a saturated sample. Data were collected from each company's annual financial reports, focusing on variables such as Debt to Equity Ratio (DER), Return on Assets (ROA), and total assets as indicators of capital structure, profitability, and firm size, respectively. Multiple linear regression analysis was conducted to determine the impact of these financial metrics on firm value. The findings show that capital structure (DER) and profitability (ROA) positively and significantly affect the P/B Ratio, while firm size has no significant impact. These results imply that cosmetics companies should focus on managing debt strategically and improving profitability to enhance market valuation, as investors prioritize financial health and adaptability over sheer size.
Indonesian Journal of Economics and Management, Vol. 4, No. 3, July 2024, pp. 460 – 474, 2024
This study explores the gap between student expectations, actual experiences, and satisfaction wi... more This study explores the gap between student expectations, actual experiences, and satisfaction with the quality of teaching at the Faculty of Economics and Business at Universitas Muhammadiyah Prof. Dr. Hamka (UHAMKA). The research is guided by Expectation-Disconfirmation Theory (EDT) and aims to evaluate the alignment of teaching quality with student expectations. Using a quantitative approach, data were collected through questionnaires distributed to 1,731 students, with 261 responses analyzed. Descriptive statistics, gap analysis, and multiple regression were employed to analyze the data. The findings reveal that actual experiences significantly impact student satisfaction, with key gaps identified in lecturers' subject knowledge, openness to student input, and clarity in material delivery. Recommendations are made for improving pedagogical skills and aligning teaching methods with student needs.
Keywords: EDT; student satisfaction; teaching quality
Digital Financial Accounting Management Economics Journal, Aug 30, 2023
The aim of this study is to find out the capital structure, company size, and investment opportun... more The aim of this study is to find out the capital structure, company size, and investment opportunity set (IOS) as a moderation to the quality of profit in the food and beverage subsector companies listed on the Indonesian Stock Exchange (BEI) in 2017-2021. The method used in this research is a quantitative one. This research population is a sub-sector of food and beverage companies registered in the BEI from 2017 to 2021, with a sample of nine (nine) companies. The data type used is secondary data, with the data processing techniques being descriptive statistical analysis and double linear regression analysis.
Jurnal Ekonomi Manajemen, Nov 29, 2023
JMBI UNSRAT (Jurnal Ilmiah Manajemen Bisnis dan Inovasi Universitas Sam Ratulangi).
The purpose of this research is to determine Spiritual Leadership, Organizational Commitment to J... more The purpose of this research is to determine Spiritual Leadership, Organizational Commitment to Job Satisfaction at FEB UHAMKA. The population in this study was 66 FEB UHAMKA teaching staff and the sample used was 66 respondents. This research method uses a quantitative approach using a questionnaire as a data collection tool and a Likert scale to measure the variables involved. The collected data was analyzed using the multiple linear regression method with the help of SPSS 26 software. The results of the study with a confidence level of 5% showed that there were several findings, namely partially (t test), it was found that Spiritual Leadership had a negative but not significant influence on Job Satisfaction . Meanwhile, Organizational Commitment has a positive and significant influence on Job Satisfaction. Simultaneously (F test), Spiritual Leadership and Organizational Commitment have a positive and significant influence on Job Satisfaction. This means that these two variables jointly contribute to increasing the level of employee job satisfaction. This research uses quantitative methods with data collection techniques in the form of questionnaires and Likert scales, as well as data analysis using multiple linear regression with SPSS 26 software. The results of the research show that Organizational Commitment has a significant influence in increasing Job Satisfaction, while Spiritual Leadership does not have a significant influence individually, but together with Organizational Commitment, both contribute positively to employee Job Satisfaction. Abstrak. Tujuan dari penelitian ini adalah untuk mengetahui Spiritual Leadership, Komitmen Organisasi terhadap Kepuasan Kerja Pada FEB UHAMKA. Populasi dalam penelitian ini adalah tenaga pengajar FEB UHAMKA sebanyak 66 orang dan sampel yang digunakan sebanyak 66 responden. Metode penelitian ini menggunakan pendekatan kuantitatif dengan menggunakan kuesioner sebagai alat pengumpulan data dan skala Likert untuk mengukur variabel-variabel yang terlibat. Data yang terkumpul dianalisis menggunakan metode regresi linear berganda dengan bantuan perangkat lunak SPSS 26. Hasil penelitian dengan tingkat kepercayaan sebesar 5% menunjukkan bahwa terdapat beberapa temuan yaitu secara parsial (uji t), ditemukan bahwa Spiritual Leadership memiliki pengaruh negatif namun tidak signifikan terhadap Kepuasan Kerja. Sementara itu, Komitmen Organisasi memiliki pengaruh positif dan signifikan terhadap Kepuasan Kerja. Secara simultan (uji F), Spiritual Leadership dan Komitmen Organisasi memiliki pengaruh positif dan signifikan terhadap Kepuasan Kerja. Artinya, kedua variabel tersebut secara bersama-sama berkontribusi dalam meningkatkan tingkat kepuasan kerja karyawan. Penelitian ini menggunakan metode kuantitatif dengan teknik pengumpulan data berupa kuesioner dan skala Likert, serta analisis data menggunakan regresi linear berganda dengan software SPSS 26. Hasil penelitian menunjukkan bahwa Komitmen Organisasi memiliki pengaruh yang signifikan dalam meningkatkan Kepuasan Kerja, sementara Spiritual Leadership tidak memiliki pengaruh yang signifikan secara individual, tetapi bersama dengan Komitmen Organisasi, keduanya berkontribusi positif terhadap Kepuasan Kerja karyawan.
Capaian Pembelajar an (CP) CPL-PRODI (Capaian Pembelajaran Lulusan Program Studi) Yang Dibebankan... more Capaian Pembelajar an (CP) CPL-PRODI (Capaian Pembelajaran Lulusan Program Studi) Yang Dibebankan Pada Mata Kuliah S9 Setelah mengikuti perkuliahan ini, mahasiswa diharapkan mampu mengetahui potensi diri, mencari dan menciptakan peluang usaha, serta berani mencoba berwirausaha sesuai dengan kemampuan dan bidang yang digelutinya. P3 Dapat Memahami Resiko dan Kegagalan Usaha, mencari alternatif penyelesaian/jalan keluar dari kegagalan, memahami dan menyiasati keterbatasan (modal usaha). KU1 Memahami Hal-ihwal kewirausahaan, memahami dan mengenali potensi diri, mencari, menemukan dan menciptakan peluang wirausaha. KU2 Bisa menjalin kemitraan, dapat mengembangkan kewirausahaan, memahami profil kewirausahaan yang sukses. KU9 Dapat menerima resiko dan kegagalan usaha. KK4 Bisa mencari alternatif penyelesaian/jalan keluar dari hambatan dan kegagalan, dan mampu menyiasati keterbatasan (modal usaha). CPMK (Capaian Pembelajaran Mata Kuliah) CPMK1 Mampu mengetahui potensi diri, mampu mencari alternatif penyelesaian/jalan keluar dari kegagalan (S9, P3);
Faktanya, secara global, tatanan ekonomi dunia terdisrupsi dengan melandanya wabah COVID-19, teru... more Faktanya, secara global, tatanan ekonomi dunia terdisrupsi dengan melandanya wabah COVID-19, terutama pada bidang supply chain. Pertumbuhan ekonomi yang negatif merupakan skenario logis terburuk terhadap ketidak jelasan jangka waktu berakhirnya wabah ini, tidak terkecuali dalam dunia Pendidikan. Resiko "gulung tikar" merupakan skenario terburuk yang akan dihadapi oleh perguruan tinggi tersebut. Tujuan penelitian ini adalah untuk: (1) Mengetahui sejauh mana dampak pandemic Covid-19 terhadap ketahanan sosial ekonomi rumah tangga mahasiswa UHAMKA; (2) Mengidentifikasi jenis layanan jasa apa saja yang dibutuhkan oleh mahasiswa sebagai proses penciptaan nilai (value co-creation) selama dan sesudah masa pandemik Covid-19; (3) Mengevaluasi jenis layanan (service) yang diberikan oleh UHAMKA terhadap mahasiswa selama masa pandemi Covid-19; (4) Membuat pemodelan dampak pandemik Covid-19 terhadap keberlangsungan pendidikan Mahasiswa di UHAMKA; (5) Membuat pemodelan dampak pandemik Covid-19 terhadap keberlangsungan institusi UHAMKA. Metode penelitian pada penelitian ini menggunakan metode proportional random sampling untuk masing-masing fakultas di UHAMKA dengan jumlah sampel penelitian sebesar + 2.000 responden. Pengumpulan data dilakukan dengan 2 (dua) cara yaitu: Pertama, menyebar angket (kuesioner) melalui platform "google form" untuk pengambilan data primer dan Kedua, telaah dokumen keuangan UHAMKA sebagai data sekunder. Analisis dan pemodelan terhadap data mengunakan metode simulasi dengan bantuan software Mathlab. Adapun luaran yang ditargetkan pada penelitian ini, antara lain: (1) Secara teoretis, penelitian ini akan memberikan kontribusi konkret terhadap perkembangan paradigma SDL, terutama pada manajemen layanan dan pemasaran untuk perguruan tinggi, berdasarkan kajian empirik; (2) Secara praktis, bagi penyelenggara perguruan tinggi penelitian ini akan memberikan kontribusi pada pentingnya perubahan dalam tata kelola dan manajemen perguruan tinggi, khususnya PTM (UHAMKA).
The purpose of this study is to investigate the effect of corporate governance mechanisms using a... more The purpose of this study is to investigate the effect of corporate governance mechanisms using agency costs in state-owned companies (BUMD). BUMD is formed by the local government, has a dual role, namely to serve the community as well as make a profit. Not many BUMDs are able to develop in accordance with this assistance. Agency problems arise when the agent deviates from the interests of the principal. Local government control over BUMD is needed so that can be explained in the interests of the principal. The results of the Panel Data Regression Analysis revealed that the variables that were able to reduce agency costs at the expense ratio proxy were the number of directors, total sales, total assets. These three variables agency cost, while the variable that can increase agency costs on the proxies of asset utilization ratios and Return On Assets (ROA) is total sales. If the total sales variables is increasing, it will increase the ratio of asset initialization and ROA.
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Papers by Dicky C H A N D R A UHAMKA
effects of capital structure, profitability, and firm size on the Price to Book Ratio (P/B Ratio) of companies in Indonesia's cosmetics subsector. Using a quantitative approach with a descriptive-verificative analysis, the study population includes 10 cosmetics companies listed on the Indonesia Sharia Stock Index (ISSI) from 2021 to 2023, utilizing a saturated sample. Data were collected from each company's annual financial reports, focusing on variables such as Debt to Equity Ratio (DER), Return on Assets (ROA), and total assets as indicators of capital structure, profitability, and firm size, respectively. Multiple linear regression analysis was conducted to determine the impact of these financial metrics on firm value. The findings show that capital structure (DER) and profitability (ROA) positively and significantly affect the P/B Ratio, while firm size has no significant impact. These results imply that cosmetics companies should focus on managing debt strategically and improving profitability to enhance market valuation, as investors prioritize financial health and adaptability over sheer size.
Keywords: EDT; student satisfaction; teaching quality
effects of capital structure, profitability, and firm size on the Price to Book Ratio (P/B Ratio) of companies in Indonesia's cosmetics subsector. Using a quantitative approach with a descriptive-verificative analysis, the study population includes 10 cosmetics companies listed on the Indonesia Sharia Stock Index (ISSI) from 2021 to 2023, utilizing a saturated sample. Data were collected from each company's annual financial reports, focusing on variables such as Debt to Equity Ratio (DER), Return on Assets (ROA), and total assets as indicators of capital structure, profitability, and firm size, respectively. Multiple linear regression analysis was conducted to determine the impact of these financial metrics on firm value. The findings show that capital structure (DER) and profitability (ROA) positively and significantly affect the P/B Ratio, while firm size has no significant impact. These results imply that cosmetics companies should focus on managing debt strategically and improving profitability to enhance market valuation, as investors prioritize financial health and adaptability over sheer size.
Keywords: EDT; student satisfaction; teaching quality