E-Jurnal Manajemen Trisakti School of Management (TSM)
E-Jurnal Manajemen Trisakti School of Management (TSM) is quarterly publication issued in the month of March, June, September, and December. E-Jurnal Manajemen Trisakti School of Management (TSM) published by Pusat Penelitian dan Pengabdian kepada Masyarakat, Sekolah Tinggi Ilmu Ekonomi Trisakti, Jl. Kyai Tapa No. 20 Grogol, Jakarta 11440, Telp. (021)5666717 ext 138, and cooperate with Ikatan Akuntan Indonesia Kompartemen Akuntan Pendidik (IAI KAPd). E-Jurnal Manajemen Trisakti School of Management (TSM) is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to management issues (financial management, marketing, human resource management, operational management), economics, and others. This is an opened-journal where everyone can submit their articles, as long as they are original, unpublished and not under review for possible publication in other journals. Copyright of E-Jurnal Manajemen Trisakti School of Management (TSM), ISSN Online (E-ISSN 2775-8370). E-Jurnal Manajemen TSM has obtained a SINTA 4 accreditation from Directorate General of Higher Education, Research and Technology, Ministry of Higher Education, Science, and Technology of the Republic of Indonesia by SK No. 156/C/C3/KPT/2026 for the period E-Jurnal Manajemen TSM 3(1), Maret 2023 to E-Jurnal Manajemen TSM 7(2), June 2027.
Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti
ANALISIS PERAN MANAGERIAL OWNERSHIP DAN INTELLECTUAL CAPITAL TERHADAP FIRM VALUE
This research was conducted to obtain empirical evidence regarding the influence of managerial ownership, intellectual capital, and other factors on firm value. In this research, there are seven independent variables, namely managerial ownership, intellectual capital, profitability, capital structure, liquidity, firm size, and tax avoidance. This study uses 345 firm-year observations from 115 manufacturing companies listed on the Indonesia Stock Exchange during 2022 -2024. The study employs a purposive sampling method in selecting the sample and uses multiple regression analysis in conducting data analysis. The results of this study indicate that profitability, capital structure, and firm size significantly affect firm value. However, other independent variables such as managerial ownership, intellectual capital, liquidity, and tax avoidance do not have an effect on firm value.
Copyright (c) 2026 E-Jurnal Manajemen Trisakti School of Management (TSM) https://creativecommons.org/licenses/by-sa/4.0
PENGARUH KONSERVATISME, KOMPENSASI MANAJEMEN, DAN FAKTOR LAINNYA TERHADAP PENGHINDARAN PAJAK
This research examines the determinants of corporate tax avoidance by analyzing the roles of leverage, profitability, independent board of commissioners, audit committee, capital intensity, firm size, accounting conservatism, and management compensation. The study focuses on 110 manufacturing companies listed on the Indonesia Stock Exchange during the 2022 to 2024 observation period. Sample selection was conducted using a purposive sampling approach. Secondary data were analyzed using multiple linear regression techniques. The findings reveal that profitability, audit committee, and firm size show a significant impact on corporate tax avoidance. In contrast, leverage, independent board of commissioners, capital intensity, accounting conservatism, and management compensation do not significantly influence tax avoidance practices.
FAKTOR-FAKTOR YANG MEMENGARUHI PROFITABILITAS PADA PERUSAHAAN HEALTHCARE DI INDONESIA
The purpose of this study is to examine the internal factors that influence the profitability of companies in the Healthcare industry in Indonesia. The research data consist of secondary data obtained from the financial statements of Healthcare companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2024. This study employs a quantitative approach with a purposive sampling method, resulting in 12 companies that meet the criteria over a span of 6 years, producing 72 data observations. EViews 12 software is used to conduct panel data analysis, including descriptive statistics, model selection, classical assumption tests, and panel data regression. The results show that only the operational efficiency variable has a positive significant effect on profitability. Meanwhile, variables such as firm size, financial leverage, net working capital, liquidity, and equity multiplier do not have a significant effect on profitability.
FAKTOR-FAKTOR YANG MEMENGARUHI URGE TO BUY IMPULSIVELY MELALUI ATTITUDE TOWARD INFLUENCER ADS PADA IKLAN LIVE STREAMING INFLUENCER TIKTOK DI JAKARTA
The purpose of this study is to analyze and determine the influence of Influencer Credibility (IC), Celebrity Effect (CE), Perceived Entertainment (PE), Perceived Usefulness (PU), Trust (T), and Attitude toward influencer ads (ATIA) on Urge to Buy Impulsively (UTBI) in TikTok live streaming ads in Jakarta. This study uses a descriptive and causal research design, measuring each variable using a 5-point Likert scale. This study utilized primary and secondary data, and data collection was conducted through a questionnaire. The research sample was obtained through purposive sampling and involved 235 respondents. The method used in this study was Structural Equation Modeling (SEM) with SmartPLS 4.0 and SPSS. The results obtained in this study indicate that the variables IC, CE, PE, PU, T, and ATIA have an influence on the UTBI variable.
CORPORATE GOVERNANCE DAN FAKTOR LAINNYA: APAKAH MEMENGARUHI FIRM VALUE
This study aims to obtain empirical evidence regarding the influence of various independent variables on the dependent variable, namely firm value, as measured by Price Book Value (PBV). The objects of this research are all manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period 2022 to 2024. The number of samples that met the criteria in this study is 126 manufacturing companies, with a total of 378 data. The samples were selected using a purposive sampling method and analyzed using multiple linear regression. The results of this study indicate that independent commissioners, capital structure, and profitability have a positive effect on firm value. In addition, the audit committee, earnings management, activity ratio, firm size, and liquidity are found to have no effect on firm value.
VARIABEL YANG MEMPENGARUHI TAX AVOIDANCE PADA PERUSAHAAN MANUFAKTUR
The purpose of this study is to provide empirical evidence on the influence of profitability, leverage, capital intensity, firm size, firm age, sales growth, and transfer pricing on tax avoidance. The study focuses on manufacture companies listed on the Indonesia Stock Exchange (IDX) during the period of 2022-2024. Purposive sampling was employed, involving 126 companies or 378 data points. The research utilized multiple regression analysis to analyze the data. The findings indicate that sales growth have an influence on tax avoidance, whereas profitability, leverage, capital intensity, firm size, firm age, and transfer pricing do not affect tax avoidance.
PENGARUH OPERATING CAPACITY, PERTUMBUHAN PENJUALAN DAN FAKTOR-FAKTOR LAINNYA TERHADAP FIRM VALUE
The purpose of this research is to obtain empirical evidence regarding the effect of firm size, dividend policy, profitability, leverage, liquidity, operating capacity, and sales growth on firm value. The second objective is to identify the consistency of the test results of the independent variables on the dependent variable based on previous research findings. The data used in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2021–2023 period. Firm value is measured using Price to Book Value (PBV), while firm size, dividend policy, profitability, leverage, liquidity, operating capacity, and sales growth are measured using common financial ratios. The data were processed using SPSS version 25 and analyzed with multiple regression analysis. The results of this study indicate that profitability, leverage, and liquidity have a positive effect on firm value. Conversely, firm size, dividend policy, operating capacity, and sales growth have no significant effect on firm value. This means that companies with high profitability, leverage, and liquidity can increase their firm value in the eyes of investors or the market, either through higher profits or tax savings obtained from debt.
ANALISIS FAKTOR YANG MEMENGARUHI PROFITABILITAS PADA PERUSAHAAN SEKTOR PROPERTY & REAL ESTATE DI BEI PERIODE 2019-2024
This research aims to examine whether internal factors influence corporate profitability. The internal factors that are analyzed to influence profitability are firm efficiency, firm growth, leverage, liquidity, and firm size. The objects focuses on property and real estate companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2024 period. This study uses secondary data and applies purposive sampling, resulting in 84 observations from 14 companies that met the sample criteria. The analysis method employed is multiple linear regression using the EViews 12 software. The results indicate that firm efficiency and firm growth have a positive effect on profitability, while leverage has a negative effect. Meanwhile, liquidity and firm size do not have a significant effect on profitability.
FAKTOR PENENTU KINERJA PERUSAHAAN PADA SUBSEKTOR BARANG PERINDUSTRIAN DI BURSA EFEK INDONESIA
This study examines the effect of cash holding, firm size, leverage, asset turnover, intensity, and growth on firm performance in the industrial goods subsector listed on the Indonesia Stock Exchange during the 2015–2024 period. This research employs a quantitative approach using panel data from 130 firms selected through purposive sampling. Data were analyzed using a fixed effect panel regression model with EViews 12. Firm performance is measured by Return on Assets (ROA). The results indicate that firm size, leverage, intensity, and growth have a significant effect, whereas cash holding and asset turnover do not significantly affect firm performance These findings suggest that effective capital structure management, asset utilization, and growth strategies are essential for improving firm performance.
DETERMINAN CONTINUOUS PURCHASE INTENTION: VALUE DAN PERANTRUST PADA LIVE STREAMING TOKOPEDIA DI JAKARTA
This study aims to determine the effect of Utilitarian, Hedonic, and Social Value on Continuous Purchase Intention through Trust in Streamer and Trust in Product as mediating variables in Tokopedia Live Streaming in Jakarta. Data analysis in this study was conducted quantitatively and used a descriptive and causal research design. Variables were measured using a 5-point Likert scale. This study used primary data collected through questionnaires. The sampling method used was non-probability sampling with purposive sampling techniques using 267 respondents. The research data was processed using SmartPLS 4.0 software. The data analysis technique used in this study was structural equation modeling. The results of this study indicate that Utilitarian Value, Hedonic Value, and Social Value have an influence on Trust in Streamer and Trust in Product, and Trust in Streamer and Trust in Product have an influence on Continuous Purchase Intention. This study is expected to provide input and suggestions to E-Commerce companies, especially Tokopedia, regarding the Live Streaming feature that is the object of this study, so that they can increase their market share in the Live Streaming feature in Indonesia.
PENGARUH CEO NARCISSISM DAN FAKTOR LAINNYA TERHADAP TAX AVOIDANCE
This study aims to obtain empirical evidence regarding how the influence of CEO Narcissism and other variables such as Board of Size, Female Directors, Financial Distress, Company Size, and Insitutional Ownership on Tax Avoidance. The Measurement of Tax Avoidance variables is carried out using the Effective Tax Rate (ETR). This study used a sample of 141 manufacturing companies that were consistently listed on the Indonesia Stock Exchange (BEI) during the period 2022-2024. Through the purposive sampling method, this study produced 423 data that met the research criteria. All data were tested and analyzed using multiple regression analysis techniques. The results of this study indicate that CEO Narcissism, Board of Size, Female Directors, Financial Distress, and Company Size have an effect on Tax Avoidance. Meanwhile, other variables, namely Institutional Ownership have no effect on Tax Avoidance.
PENGARUH ESG, PROFITABILITY, LEVERAGE, DAN FAKTOR LAINNYA TERHADAP FIRM VALUE
This study aims to provide empirical evidence regarding the influence of profitability, firm size, total asset growth, total asset turnover, leverage, liquidity, and Environment, Social, and Governance (ESG) as independent variables on firm value as the dependent variable. The population of this study consists of manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2024. The sampling method used in this research is purposive sampling, resulting in 174 companies with a total of 522 data points that meet the predetermined sample criteria. The data analysis and hypothesis testing method employed in this study is multiple regression analysis. The results show that the profitability and leverage has an impact on firm value, as profitability indicates that firms’ ability to generate profit. On the other hand, firm size, total asset growth, liquidity, and ESG disclosure show no significant effect on firm value.
Environmental, Social, and Governance (ESG)
THE REPERCUSSIONS OF COVID-19 POST PANDEMIC ON KUNINGAN'S TOURIST DESTINATIONS
The purpose of this study is to determine the effect of COVID-19 after effect on Behavioral Intention from tourists towards Kuningan’s tourist destinations. The research design in this thesis uses descriptive research and causality research, measuring each variables using a likert scale of 1-5. This research takes primary and secondary data with data collection, namely through distributing questionnaires through website and on field research. The results of this study indicates that there is an influence on Behavioral Intention from tourists towards Kuningan’s tourists destination during Post Pandemic.
DETERMINAN CAPITAL STRUCTURE SEKTOR INFRASTRUKTUR YANG TERDAFTAR DI BEI TAHUN 2017-2023
This study examines the factors influencing the capital structure of infrastructure sector companies listed on the Indonesia Stock Exchange (IDX) during the period from 2017 to 2023. The analyzed factors include profitability, company size, asset structure, earnings volatility, and financial flexibility. This research is quantitative in nature and uses secondary data obtained from the companies' financial statements. The sample was determined using the purposive sampling method, and 119 data were obtained after conducting an outlier test. The data was then processed using descriptive statistical analysis, classical assumption tests, and hypothesis testing. Using panel data regression analysis, the results of the study indicate that profitability, asset structure, earnings volatility, and financial flexibility have a negative impact on capital structure. Meanwhile, company size shows a different result, positively influencing capital structure. The findings are expected to contribute to the development of knowledge regarding capital structure and its influencing factors. For company managers, the results can be used as a basis for capital structure decision-making. This study was conducted using only five independent variables, and it is recommended that future researchers expand the scope by adding other factors that may also affect capital structure. This study is just one among many on capital structure; the researcher recommends that readers delve deeper and explore more similar literature to broaden their understanding.
PENGARUH LEVERAGE, PROFITABILITY, DAN FAKTOR LAINNYA TERHADAP TAX AVOIDANCE
This study aims to analyze the influence of Leverage, Profitability, Independent Commissioner, Audit Committee, Capital Intensity, Transfer Pricing, and Company Size on Tax Avoidance practices in manufacturing companies. The research focuses on manufacturing companies listed on the Indonesia Stock Exchange during the 2021–2023 period. The sample selection in this study was conducted using the purposive sampling method. Based on the sample selection criteria, 49 companies were selected as the research sample from a total of 147 data points used in the study. The hypothesis testing in this study employed multiple regression analysis as the data analysis method. The results of the study indicate that the variables profitability and capital intensity have a positive effect on tax avoidance. Meanwhile, leverage, independent commissioners, audit committees, transfer pricing, and company size do not affect tax avoidance.
PENGARUH STRUKTUR KEPEMILIKAN DAN FAKTOR LAINNYA TERHADAP PENGHINDARAN PAJAK
This research aims to obtain empirical evidence on the influence of family ownership, institutional ownership, managerial ownership, and government ownership, profitability, leverage, and audit quality on Book Tax Difference (BTD). based on the premise that differences between accounting income and taxable income remain an important issue in corporate taxation and financial reporting practices. The object of this study is companies listed on the IDX, with a sample of 120 companies and a total of 435 observations selected using a purposive sampling method. The data used are secondary data obtained from companies’ annual financial statements and analyzed using multiple linear regression analysis with the assistance of SPSS version 25. The results indicate that all independent variables simultaneously have a significant effect on Book Tax Difference, while partially profitability and leverage have a positive and significant effect on BTD, whereas family ownership, institutional ownership, managerial ownership, government ownership, and audit quality have no significant effect. These findings suggest that firm financial factors play a more dominant role in influencing the difference between accounting income and taxable income than ownership structure.
FAKTOR-FAKTOR YANG MEMPENGARUHI JOB SATISFACTION DI MODERASI OLEH WORKPLACE RELATIONSHIPS
This study aims to analyze the influence of payment and compensation, promotion, working environment, and workplace fairness on job satisfaction, with workplace relationships as a moderating variable. The research employs a causal and descriptive research design. The object of the study is the Regional Civil Service Agency (BKD) of DKI Jakarta Province. Data were collected using questionnaires and analyzed using SEM-PLS. The sampling technique used was purposive sampling, with a total of 97 respondents. Based on the results, payment and compensation have a significant influence on job satisfaction, promotion has a significant influence on job satisfaction, the working environment has a significant influence on job satisfaction, and workplace fairness also significantly affects job satisfaction. Furthermore, workplace relationships have a positive moderating effect on the relationship between payment and compensation and job satisfaction. Workplace relationships also positively moderate the relationship between promotion and job satisfaction, the relationship between working environment and job satisfaction, and the relationship between workplace fairness and job satisfaction.
FAKTOR–FAKTOR YANG MEMPENGARUHI KEPUASAN KERJA DAN KINERJA KARYAWAN PT X
This study aims to examine the factors that affect job satisfaction and employee performance. Job satisfaction and employee performance have an important role in the company. The object in this study is PT. X. This form of research uses descriptive research and uses purposive sampling techniques totaling 75 employees. Data was collected through distributing questionnaires using a Likert scale, and analyzed using the SEM-PLS method. The results of this study indicate that the job satisfaction variable has no effect on employee performance, but change management affects job satisfaction and employee performance, organizational commitment affects job satisfaction and employee performance, and leadership style affects job satisfaction and employee performance, it can be concluded that change management, organizational commitment, and leadership style have a significant contribution in influencing job satisfaction and employee performance at PT. X.
FAKTOR-FAKTOR YANG MEMENGARUHI FIRM VALUE PADA SEKTOR PROPERTIES DAN REAL ESTATE DI BURSA EFEK INDONESIA
Penelitian ini bertujuan untuk menganalisis dan mengidentifikasi pengaruh faktor-faktor terhadap nilai perusahaan. Objek yang diteliti adalah perusahaan-perusahaan pada sektor properties dan real estate yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2017 hingga 2024. Data yang digunakan adalah data sekunder, dengan teknik purposive sampling sebagai metode pemilihan sampel. Jumlah data yang dianalisis sebanyak 104 data, yang berasal dari 13 perusahaan yang memenuhi kriteria penelitian. Analisis data dilakukan dengan menggunakan metode regresi linear berganda dengan perangkat lunak Eviews12. Hasil analisis menunjukkan bahwa return on assets dan ukuran perusahaan memiliki pengaruh terhadap nilai perusahaan. Sedangkan debt to asset ratio, current ratio, dan struktur modal tidak memiliki pengaruh terhadap nilai perusahaan.
PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN FAKTOR LAINNYA TERHADAP NILAI PERUSAHAAN
This study is to obtain empirical evidence of several factors affecting firm value in companies listed on the Indonesia Stock Exchange (IDX). The independent variables used in this study are Corporate Social Responsibility, Firm Size, Firm Age, Leverage, Asset Growth, Return on assets, and Foreign Ownership on Firm Value. The data used in this study is quantitative data from non-financial companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023. This study employs a purposive sampling method, involving 227 companies, with a total of 676 data points that met the criteria and passed the outlier test. The results of the study indicate that, first, Corporate Social Responsibility, Firm Age, Leverage, and Return on assets have a significant effect on Firm Value. Second, Firm Size, Asset Growth, and Foreign Ownership do not have a significant effect on Firm Value.
PENGARUH INDUSTRY-SPECIALIST AUDITOR DAN FAKTOR LAINNYA TERHADAP AUDIT REPORT LAG
This study aims to provide empirical evidence on the influence on industry-specialist auditors and other factors on audit report lag. The research analyzes the effects of audit committee size, audit committee expertise, audit committee meetings, industry-specialist auditors, auditor reputation, firm size, profitability, and solvency on audit report lag. The object of this research is manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2021-2023 period. The sampling method used is purposive sampling, resulting in 109 manufacturing companies that meet the criteria, with a total of 327 data points utilized in the analysis. This study employs multiple regression analysis to examine the research variables. The findings reveal that audit committee expertise, auditor reputation, and profitability have an influence on audit report lag. In contrast, audit committee size, audit committee meetings, industry-specialist auditor, firm size, and solvency do not have effect on audit report lag.
PENGARUH KONEKSI POLITIK, INTENSITAS MODAL, DAN FAKTOR LAINNYA TERHADAP PENGHINDARAN PAJAK
This study was conducted with the aim of analyzing and obtaining empirical evidence regarding the influence of profitability, company size, institutional ownership, political connections, audit committee, leverage, and capital intensity on tax avoidance, which is proxied by the cash effective tax rate (CETR). The study used manufacturing companies that were consistently listed on the Indonesia Stock Exchange (IDX) during the period 2021-2023 as the research object. The purposive Sampling method was used as the data collection technique, resulting in a sample of 72 companies with a total of 216 company samples during period 2021-2023. Data processing for the sample was conducted using the Statistical Package for the Social Sciences (SPSS) Version 25..A multiple linear regression statistical analysis method was employed to test the influence of independent variable on the dependent variables. The results of multiple linear regression analysis for hypothesis testing indicate that probability, company size, institutional ownership, political connections, audit committee, leverage, and capital intensity do not influence tax avoidance.
PENGARUH NON-DEBT TAX SHIELD, FINANCIAL DISTRESS, DAN KINERJA KEUANGAN TERHADAP MANAJEMEN LABA
Financial statements are used to demonstrate the effectiveness of achieving company goals and serve as a basis for decision-making by shareholders. Profit information, as a key performance indicator, is often manipulated through earnings management practices to influence shareholder perceptions. This study empirically examines the impact of non-debt tax shields, financial distress, profitability, operating cash flow, firm size, firm growth, managerial ownership, and board size on earnings management in manufacturing companies listed on the Indonesia Stock Exchange (IDX) during 2021–2023. The sample was selected using purposive sampling, consisting of 52 companies and 156 observations, analyzed using multiple linear regression. The results show that financial performance, namely profitability and firm growth have a positive effect on earnings management, while operating cash flow has a negative effect. Other variables do not have an impact on earnings management.
PERAN MEDIASI KOMITMEN ORGANISASI PADA PENGARUH KOMPETENSI TERHADAP KEPUASAN KERJA DI PT. XYZ
This study aims to analyze the mediating role of organizational commitment on the influence of self-competence and ethics on job satisfaction at PT. XYZ. The research sample consisted of 94 permanent employees of PT. XYZ, selected using a purposive sampling technique based on criteria of at least 2 years of work experience, age over 22 years, and being permanent employees of specific directorates, particularly the Human Capital division. Data was collected through online questionnaires using a Likert scale. Based on the results of the hypothesis test data analysis, this study shows several findings: self-competence influences organizational commitment, self-competence influences job satisfaction, organizational commitment influences job satisfaction, and ethical competence influences organizational commitment. However, there is no direct influence of ethical competence on job satisfaction. Furthermore, organizational commitment is proven to mediate the influence of self-competence on job satisfaction and also mediates the influence of ethical competence on job satisfaction.
ANTESEDEN YANG MEMENGARUHI LOYALTY ONLINE PURCHASE INTENTION PADA KONSUMEN APLIKASI SEPHORA DI JAKARTA
The purpose of this study is to analyze and determine the influence of Hedonic Motivations of Adventure (HMOA), Access to Online Information (ATOI), Online Trust (OT), and Online Prices (OP) on Loyalty Online Purchase Intention (LOPI) among users of the Sephora Application in Jakarta. The object used in this research is Sephora Application. The sample was selected using purposive sampling, resulting in 200 repondents who were buyers and users of the Sephora Application on smartphones. The method applied in this study is Structural Equation Modeling (SEM) using Partial Least Square (PLS) with the SMART PLS 4.0 software. The result obtained in this study reveal that Hedonic Motivation of Adventure variable has an influence on Loyalty Online Purchase Intention. The Access to Online Information variable has an influence on Loyalty Online Purchase Intention and Online Trust. The Online Trust variable has an influence on Loyalty Online Purchase Intention. The Online Prices variable has an influence on Hedonic Motivations of Adventure and Loyalty Online Purchase Intention among users of the Sephora Application in Jakarta.
DETERMINAN NILAI PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BEI
The research objective is to obtain empirical evidence regarding the influence of variables on firm value. The independent variables used are profitability, capital structure, company growth, liquidity, company size.The population used in this study are property and real estate sector companies listed on the Indonesia Stock Exchange for the period 2013-2023. The sampling technique used in this study was purposive sampling and there were 187 data that could be used as research samples. This study uses multiple regression analysis to analyze the data. The results of this study indicate that profitability and capital structure have a positive effect on firm value, while firm size has a negative effect on firm value. On the other hand, firm growth and liquidity have no influence on firm value.
RASIO FINANSIAL DAN FAKTOR LAINNYA: APAKAH BERPENGARUHTERHADAP FIRM VALUE
Research of Firm Value is to obtain empirical evidence about the probability of profitability, debt to asset ratio, current ratio, firm size, dividend payout ratio, managerial ownership and investment decision on firm value. Research population of this research are consumer cyclical and non-cyclical companies that listed in Indonesia Stock Exchange from 2020 until 2022. There are 36 companies and 108 data selected as a sample by using purposive sampling method. The sample are tested and analyzed using multiple regression method. Result of this research implies that profitability, debt to asset ratio, managerial ownership, and investment decision affect firm value, while current ratio, firm size, and dividend payout ratio not affecting firm value.
FAKTOR YANG MEMENGARUHI LEVERAGE SEKTOR TEKNOLOGI DI BEI PERIODE 2019 – 2023
This study aims to analyze the factors that influence the level of leverage of technology sector companies listed on the Indonesia Stock Exchange (IDX) during the 2019-2023 period. The independent variables in this study include profitability, tangible assets, company size, non-debt tax shield, and liquidity, while the dependent variable analyzed is leverage. This research was conducted to find out how these factors affect the leverage level of technology companies. The object of this research is companies in the technology sector and listed on the IDX. The sample used in this study amounted to 70 data obtained from the company's annual financial statements selected using a purposive sampling method. The collected data were analyzed using the regression analysis method to identify the effect of the independent variable on the dependent variable. The results of data analysis show that profitability, tangible assets, non-debt tax shield, and liquidity have an impact on leverage. While company size has no impact on leverage. The results of this study can be taken into consideration for companies in managing leverage to optimize finance, minimize risk and increase firm value by taking into company characteristics.
CORPORATE GOVERNANCE DAN FAKTOR LAINNYA YANG MEMENGARUHI PENGHINDARAN PAJAK
Tax avoidance is a strategy used by companies to reduce tax obligations by exploiting loopholes in tax regulations legally. This study aims to obtain empirical evidence on the effect of independent board of commissioners, board size of directors, board gender diversity, institutional ownership, managerial ownership, and leverage as independent variables on tax avoidance as the dependent variable. The research objects are manufacturing companies listed on the Indonesia Stock Exchange during the 2022–2024 period. The sample was selected using a purposive sampling method, resulting in 145 companies with a total of 435 observations. Data were analyzed using multiple linear regression with software IBM Statistical Package for the Social Sciences (SPSS) version 25. The results of this search indicate that independent board of commissioners, board size of directors, board gender diversity, institutional ownership, managerial ownership, and leverage have no effect on tax avoidance.
Copyright (c) 2025 E-Jurnal Manajemen Trisakti School of Management (TSM) https://creativecommons.org/licenses/by-sa/4.0
FAKTOR-FAKTOR YANG MEMPENGARUHI ADOPTION E-PAYMENTTERHADAP GENERASI Z PENGGUNA GOPAYDI JAKARTA BARAT
The purpose of this study is to identify and analyze the influence of Performance Expectancy (PE), Effort Expectancy (EE), Social Influence (SI), Facilitating Conditions (FI), Government Support (GS), and Quality of Internet (QI) on the Adoption of e-payment (IA) among GoPay users, specifically Generation Z, in West Jakarta. This research employs a descriptive and causal research design, using a likert scale with five measurement points. The sampling method used is Purposive Sampling, with a total of 210 respondents. The data analysis methods employed include Structural Equation Modeling (SEM) using SmartPLS 4.0 as the analytical tool. The results of this study indicate that the Performance Expectancy, Effort Expectancy, Social Influence, Facilitating, Government Support have a positive influence on the Adoption of e-payment. However, the variable Quality of Internet has no influence on the variable Adoption of e-payment.