COSTING : Journal of Economic, Business and Accounting https://journal.ipm2kpe.or.id/index.php/COSTING <p>COSTING : Journal of Economic, Business and Accounting is published by IPM2KPE as an information and communication media for practitioners, researchers and academics who are interested in the field and development of Economics, Business, and Accounting .The journal is published annually 2 times every June and December. The Journal&nbsp; is published in two versions, online (e-ISSN 2597-5234) and print (p-ISSN 2597-5226)</p> Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE) en-US COSTING : Journal of Economic, Business and Accounting 2597-5226 Apakah Ukuran Perusahaan dan Kinerja Keuangan Mempengaruhi Perusahaan dalam Mengungkapkan Sustainability Report ? https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1172 <p><em>One way to increase corporate awareness and responsibility for the environment can be done through Sustainability reports. The purpose of this study is to analyze the effect of company size and financial performance on the disclosure of Sustainability Reports on non-financial sector companies listed on the Stock Exchange in 2017-2018 both partially and simultaneously. Company size is measured using total assets while financial performance is measured using the ratio of Return on Assets. This study uses secondary data obtained from the Indonesia Stock Exchange (IDX) and uses an associative descriptive method with a quantitative approach. This research uses purposive sampling method. The results of this study indicate that both partially and simultaneously, company size and financial performance do not significantly influence the disclosure of Sustainability Report elements.</em></p> <p><strong><em>Keywords :</em></strong><em> Sustainability Report, Companies’ size, Financial Performance</em></p> Dwi Indah Lestari Merta Noer Vadila ##submission.copyrightStatement## 2020-07-21 2020-07-21 4 1 1 9 10.31539/costing.v4i1.1172 Peran Insentif dan Jaminan Sosial dalam Meningkatkan Prestasi Kerja Karyawan Pada PT. Gondari Media Pratama Padang https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1324 <p><em>There are several factors that affect employees at work, so that it gives an impact on work performance generated by employees, while the factors in the form of incentives and social security provided by the company. This study aims to determine the effect of incentives and social security on the work performance of employees of PT. Gondari Media Pratama Padang partially or simultaneously. The research method used is quantitative. The sampling technique used is saturated sampling, so the sample is 60 respondents. Data analysis techniques used are multiple linear regression, t test, F test and coefficient of determination. Based on the partial test results found that incentives and social security have a positive and significant effect on the work performance of employees of PT. Gondari Media Pratama Padang because the significant value &lt;alpha (α) = 0.05. The results of testing together found that incentives and social security have a positive and significant effect on the work performance of PT. Gondari Media Pratama Padang because the significant value &lt;alpha (α) = 0.05. Based on the test results the coefficient of determination is known as Adjusted R-Square value of 0.480, meaning that the ability of the incentive variable (X1) and social security (X2) explains work performance by only 48% while the remaining 52% is explained by other variables not used in this study.</em></p> <p><strong><em>Keywords: </em></strong><em>Incentives, Social Security and Job Performance.</em></p> Lenny Hasan M. Yusri Syah Putra Liza Zulbahri ##submission.copyrightStatement## 2020-07-21 2020-07-21 4 1 10 18 10.31539/costing.v4i1.1324 Kinerja Keuangan Daerah Kabupaten / Kota Sebelum dan Setelah Pemekaran Daerah Sumatera Selatan https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1319 <p><em>In line with the spirit of regional autonomy, regional performance is measured through the ability of the region to manage and manage its own households. This study aims to analyze the financial performance of district / city areas before and after the division of regions in southern Sumatra. This type of research used in this research is quantitative descriptive. The sampling technique used was purposive sampling with a number of 6 parent districts experiencing expansion in the South Sumatra region. Data were analyzed in this test using t test (paired t-test). The results of this study indicate that: 1) measured from the fiscal decentralization ratio there are differences in the financial performance of the district government before and after the division in South Sumatra Province because the Total Local Revenue (PAD) has increased after the division; 2) measured from the ratio of capital expenditure harmony there are differences in the financial performance of district governments before and after the division in South Sumatra Province because capital expenditure (development) has increased after the division; 3) measured from the growth ratio of PAD there is no difference in the financial performance of district governments before and after the division in South Sumatra Province because the Regional Original Revenue (PAD) has not changed; 4) measured from the ratio of regional financial dependency there is no difference in the financial performance of the district government before and after the division in South Sumatra Province because the transfer revenue with total regional income has not changed.</em></p> <p><strong><em>Keywords</em></strong><em> : Financial Performance, Regional Expansion, </em></p> Benta Palantama Putra Retno Ulfayatun Hidayah ##submission.copyrightStatement## 2020-07-21 2020-07-21 4 1 19 26 10.31539/costing.v4i1.1319 Pengaruh Kepemimpinan dan Budaya Organisasi terhadap Kinerja Fasilitator pada Program Kota Tanpa Kumuh di Kota Lubuklinggau https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1322 <p><em>The relationship of these theories with the three variables under study in which a competent and good leadership owned by a leader can influence and guide the facilitator to improve performance in order to achieve the expected goals. The method used in this research is the Quantitative Method. The population in this study was all the Facilitators, the sample taken in this study was the taking of the entire population or a saturated sample of 42 people. The hypothesis can be said to be proven and tested its truth, so it can be concluded that the Leadership and Organizational Culture have a significant or partially significant effect on the performance of the Facilitators in the Office of the City without Slums Program. Furthermore, the existence of Organizational Culture which is given by the leader to the facilitator can have an impact on the working spirit of the facilitator on the work, so as to obtain the expected results. This has an impact or effect on improving the Facilitator's Performance. This result is proven by the hypothesis and research conducted by researchers in which all three variables get positive and significant results. Thus if Leadership and Organizational Culture are implemented effectively and efficiently, it can improve the Performance of Facilitators in the Slumless City Program Office.</em></p> <p><strong><em>Keywords:</em></strong><em> Leadership, Organizational Culture, Performance Facilitator.</em></p> Wendy Syahputra Maresta Dora ##submission.copyrightStatement## 2020-07-28 2020-07-28 4 1 27 33 10.31539/costing.v4i1.1322 Sistem Penilaian Prestasi Kerja pada PT. Bank Negara Indonesia (Persero) Tbk Kantor Cabang Syari'ah Pekanbaru, Riau https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1414 <p><em>Performance appraisal is a work achieved by a person in carrying out the tasks assigned to him based on skill, experience and sincerity as well as time. In this study the authors wanted to know the job performance evaluation system at PT. Bank Negara Indonesia (PERSERO) Tbk Syari'ah Pekanbaru Branch Office by focusing on 5 (five) research variables, and in this study can be seen as follows: (1) Achievement of Achievement, based on the results of processed and data analysis of respondents' answers obtained 71, 61%. (2) Building Trust, based on the results of the processed and data analysis of respondents' answers obtained 70.31%. (3) Focus on Customers, based on the results of processed and data analysis of respondents' answers obtained 69.27%. (4) Orientation on Quality, based on the results of the processed and data analysis of respondents' answers obtained 75.78%. (5) Cooperation, based on the results of the processed and data analysis of respondents' answers obtained 68.35%. And in this study it can be seen that the performance appraisal system at PT. Bank Negara Indonesia (PERSERO) Tbk Syari'ah Pekanbaru Branch Office has almost reached the effective level or can be said to be "quite effective" because it is in the range of 56-76%. This can be seen from the final results of data processing of several indicators of the existing variables of only 71.06%. From the results of the questionnaire that has been analyzed.</em></p> <p><strong><em>Keywords:</em></strong><em> Assessment System, Job Performance, Islamic Banks</em></p> Zulkifli Rusby Muhammad Arif Ahmad Hidayatullah ##submission.copyrightStatement## 2020-07-28 2020-07-28 4 1 34 43 10.31539/costing.v4i1.1414 Analisis Pola Konsumsi Rumah Tangga Petani Kelapa Sawit di Kabupaten Labuhanbatu https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1347 <p><em>The household is the smallest unit in society, so it can be said that household income means community income. This study aims to determine the determination of the variable income, economic activity, and household members, as well as differences in the location of residence to the consumption of oil palm farmers in Labuhanbatu Regency. The method used to analyze data with multiple linear regression models, by certifying in the Least Square Dummy Variable (LSDV) method. The estimation results found that all independent variables were positive and significantly influenced the amount of food consumption, on the contrary were negative and significant towards non-food consumption expenditure. The estimation results also found that the amount of consumption of various types of foodstuffs in urban communities was smaller than the food consumption of inland communities amounting to Rp.1,248,000. However, greater than the consumption of food for coastal communities is Rp. 1,323,800. While the amount of consumption expenditure for various types of non-food for urban communities is greater than non-food consumption for inland communities Rp.2,782,000. And also greater than non-food consumption of coastal communities, namely Rp. 3776 000. Variation in the ability of independent variables in explaining food consumption by 92.5 percent, and expenditure for non-food consumption by 87.4 percent. The model specification is very good with the model being free from violations of the classical assumptions of multicollinearity and heterokedastisitas.</em></p> <p><strong><em>Keywords:</em></strong> <em>C</em><em>onsumption, </em><em>I</em><em>ncome, </em><em>S</em><em>ocio-economy, </em><em>O</em><em>il palm </em><em>F</em><em>armers</em></p> Zulkarnain Nasution Khairul Rizal Junita Lubis ##submission.copyrightStatement## 2020-07-28 2020-07-28 4 1 44 53 10.31539/costing.v4i1.1347 Analisis Partisipasi Masyarakat dalam Pembangunan Infrastruktur Jalan pada Program PNPM https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1320 <p><em>Urban development from the past until now has always been an interesting theme discussed in development discussions, this is because the development of rural / urban villages is an integral as well as a central point of national development. The purpose of this study was to determine community participation in the development of road infrastructure through the PNPM Program in Kelurahan Ponorogo, Lubuklinggau Utara District II. This research is a survey research. The type of data used is primary data obtained from questionnaires, interviews, observations, documentation with the number of respondents 7 neighborhood units (RT) where to be taken are 2 KSM (self-help groups) in 2 RTs in Ponorogo Kelurahan, namely RT 1 and RT 2. The total population of the two Rt is 178 households. The sampling method used was purposive sampling by 50%, so the number of samples to be taken was as many as 89 people. Data analysis methods used are descriptive analysis and qualitative analysis. The results of this study indicate that (1) Participation of the community in the form of mind Ponorogo Village has been going very well, with a percentage of 86.6%. (2) The participation of workers by the community in the construction of road infrastructure is 77.5% with a good category. (3) Community participation in the form of expertise is 55.1% with a fairly good category, (4) Community participation in the form of goods is carried out voluntarily by 100% with a very good category (5) Participation in community money Ponorogo Kelurahan is basically non-existent, however more manifested in the form of consumption, such as providing coffee water, tea water and snacks during mutual assistance in the construction of infrastructure roads through the PNPM Program.</em></p> <p><strong><em>Keywords:</em></strong><em> Community Participation, Road Infrastructure Development, PNPM, Village Ponorogo</em></p> Herma Yunita Swi Yanti ##submission.copyrightStatement## 2020-08-22 2020-08-22 4 1 54 62 10.31539/costing.v4i1.1320 Analisa Expected Monetary Value Produksi Kapal Ikan Fiberglass Menggunakan Metode Decision Tree https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1187 <p><em>To make decisions in the production of fiberglass vessels in traditional shipyards in Bengkalis Regency, it is necessary to carry out economic calculations using the Expected Monetary Value (EMV) method related to the production of fiberglass ships and wooden ships using the decision tree method. This is done to determine the chances of the producers succeeding or not with the development of fiberglass ship products, then some forecasting will be conducted on various possibilities that will occur. These possibilities will be formulated with a decision tree model so that producers will be able to decide whether the fiberglass ship product can be continued or only continue by running the old product, which is producing wooden ships. The results of this modeling can later become a reference for producers to look for further solutions if it turns out that after modeling new product results, the fiberglass ship has a greater chance of failure compared to its chances of success. Based on the results of modeling using the decision tree model, it is expected that the opportunity for producers to succeed with their new products, namely fiberglass ships, will be obtained.</em></p> <p><strong><em>Keywords: </em></strong><em>EMV, Fiberglass, Decision Tree</em><em>, economic</em></p> Romadhoni Romadhoni Nurhasanah Nurhasanah ##submission.copyrightStatement## 2020-08-22 2020-08-22 4 1 63 69 10.31539/costing.v4i1.1187 Pengaruh Brand Awareness, Brand Image dan Brand Loyalty Terhadap Brand Equity Pada Pengguna Produk Nike di Kabupaten Tangerang https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1240 <p><em>The sports industry has a very large potential income and is followed by the enthusiasm of the community to exercise, which is an opportunity for entrepreneurs in the sports equipment industry. The objectives of this study are: First, to explore the effects of brand awareness on brand equity. Second, to explore the effect of brand image on brand equity. Third, explore brand loyalty to brand equity. The data collection method is convenience sampling. The research sample was collected from 160 respondents, who use Nike products in Tangerang Regency. The data analysis technique used in this study is multiple regression analysis through the Statistical Package for the Social Science computer program version 18. The results are: (1) brand awareness has a positive impact on brand equity; (2) brand image has a positive impact on brand equity; (3) Brand loyalty is the main impact on brand equity</em></p> <p><strong><em>Keywords :</em></strong><em> Brand Awarness, Brand Image, Brand Loyalty, Brand Equity</em></p> Rudi Yacub ##submission.copyrightStatement## 2020-08-22 2020-08-22 4 1 70 74 10.31539/costing.v4i1.1240 Pengaruh Coaching dan Mentoring terhadap Perkembangan Umkm Fashion Serta Orientasi yang Dimediasi Kewirausahaan https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1136 <p><em>Changes in the environment and market mechanisms that are so open, competitive, and market control are challenges that must be answered with a market orientation approach. The purpose of this study is: to examine the effect of coaching and mentoring on the development of Fashion Micro, Small and Medium Enterprises (MSMEs) in the capital's supporting areas. This research was conducted at MSME Fashion conducted by young men and women of the millennial generation. While the study population was reviewed at MSME Fashion in the Greater Tangerang area. The sample of this study consisted of 74 MSME Fashion Distros in Tangerang Regency, Tangerang City and South Tangerang City. The sampling technique is multistage sampling consisting of the first simple random sampling in order to determine the Greater Tangerang area that has MSME Fashion, the second is purposive sampling in order to determine the sample in each mapping area that has been determined as a member of the coaching and mentoring of the local entrepreneurship body, and the third is convenience sampling. The method used in determining the sample is based on respondents selected in stage two who are willing to attend. The statistical methods used by researchers are the Confirmatory Factor Analysis (CFA) Method for testing validity, the Cronbach Alpha Method for reliability testing, and the Baron and Kenny methods for hypothesis testing, statistical calculations are performed using the MINITAB application. In this study, researchers found a research result that showed that coaching and mentoring had a positive effect on the development of Fashion MSMEs and the Regional Entrepreneurship Agency played a positive role in mediating the development of MSMEs.</em></p> <p><strong><em>Keywords:</em></strong><em> Coaching, Mentoring, Development of &nbsp;SMEs</em></p> Sendy Zul Friandi Suwarto Suwarto Danang Rifai ##submission.copyrightStatement## 2020-08-22 2020-08-22 4 1 75 81 10.31539/costing.v4i1.1136 Pengaruh Current Ratio, Debt to Equity Ratio, Dan Return on Assets terhadap Kebijakan Deviden pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1348 <p><em>In investing capital an investor needs a company's financial statements that will help in making investment decisions. This study aims to analyze and test the effect of the current ratio, debt to equity ratio, return on assets on dividend payout ratios in property and real estate companies listed on the Indonesia Stock Exchange (IDX) for the 2015-2017 period. The research method in this study uses a quantitative approach. There were 46 companies that were used as populations in this study and by using a purposive sampling technique 13 samples were also obtained. The data analysis testing method used is multiple linear regression analysis using the classic assumption test. The results of this study show that the current ratio, debt to equity ratio, and return on assets have a simultaneous effect on dividend policy on property and real estate companies listed on the IDX for the 2015-2017 period with a Fcount value of 4.309&gt; Ftable of 2, 87. Partially the debt to equity ratio, return on assets has no effect on dividend policy while the current ratio partially has a positive effect on dividend policy. The results of the analysis of the coefficient of determination show the Adjusted R2 value of 0.207, meaning that the variation in the variable dividend payout ratio can be explained by variations in the current ratio variable, debt to equity ratio and return on assets by 20.7% while the remaining 70.3%, is described by other variables outside research.</em></p> <p><strong><em>Keywords:</em></strong><em> Current Ratio (CR), Debt to Equity Ratio (DER), Return on Assets (ROA) and dividend policy</em></p> Enda Noviyanti Simorangkir Teguh Hakim Prajoggi Enzelina Enzelina Edo Hasugian Desy Desy ##submission.copyrightStatement## 2020-08-22 2020-08-22 4 1 82 89 10.31539/costing.v4i1.1348 Pengaruh Debt to Equity Ratio,.Earning Per Share,.dan.Net Profit Margin Terhadap Harga Saham pada Industri Manufaktur Konsumsi Makanan dan Minuman https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1349 <p><em>Manufacturing companies are considered to have promising developments because they can provide innovations that are well accepted by the market share. This research</em> <em>aims to find out the effect of DER, .EPS,. And NPM on share prices according to partial and simultaneous. The object of research is the food and beverage manufacturing industry listed on the Indonesia Stock Exchange in 2014-2018. The method of analysis used is the classical assumption test, such as 1. Normality test, heteroscedasticity test, autocorrelation test, multicollinearity test. 2. Multiple linear regression test and 3. Hypothesis testing using t-test, F-test, and the coefficient of determination (R2). The results of the research are partial DER..and..EPS does not have an impact on stock prices, while NPM has an impact on stock prices. According to DER, EPS and NPM simultaneously have an impact on stock prices. The coefficient of determination shows that 53.4% ​​of the stock price is influenced by the three independent variables.</em></p> <p><strong><em>Keywords:</em></strong><em> Debt to Equity Ratio, Earning Per Share, Net Profit Margin, and Share Price</em></p> Rafida Khairani Muhammad Fikri Haikal Siti Ramadhani Nana Gustia Febry Rizky Al Fadilla Sitompul ##submission.copyrightStatement## 2020-09-02 2020-09-02 4 1 90 95 10.31539/costing.v4i1.1349 Dampak Pengumuman Hasil Pemilu Presiden Republik Indonesia Tahun 2019 Terhadap Saham Indeks Idx30 https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1159 <p><em>This research examines the impact of the </em><em>P</em><em>resident and vice-</em><em>P</em><em>residential 2019-2024</em><em> period</em><em> election</em><em> results</em><em> against shares in the IDX30 index. The research aims to see the difference in the average </em><em>trading volume activity shares</em><em> between before and after the announcement. This research uses quantitative approaches with a comparative problem. The sample are all company shares included in the IDX30, actively traded and do not take corporate action at the time before and after the announcement of the President and Vice President. This research will compare the average trading volume acivity between before and after the announcement of the recapitulation results. Statistical testing is the Kolmogorov-Smirnov test, followed by a different test, the Paired Sample T-Test analysis test, the Wilcoxon Signed Rank analysis test.</em> <em>The result of the Wilcoxon signed rank test is 0.01 &lt;0.05, which means the different trading volume activity is significant, the average is decrease. Investors are expected to consider buying shares after the announcement. This means that political events, namely the announcement of the recapitulation of the election of President and Vice President for the 2019-2024 period, affect the trading volume activity in the IDX30 index. For this reason, investors may consider buying shares after the announcement.</em></p> <p><strong><em>Keywords: </em></strong><em>Political Event, Trading Volume Activity</em></p> sarah usman Devid Anggra Kurnia Dirarini Sudarwadi ##submission.copyrightStatement## 2020-09-02 2020-09-02 4 1 96 102 10.31539/costing.v4i1.1159 Serapan Tenaga Kerja Pada Budidaya Ikan Patin dalam Kolam di Kabupaten Banjar, Kalimantan Selatan https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1209 <p><em>The difference in pond area owned by catfish cultivators will result in differences in pond management so that the wider the pond, the more manpower needed and the worker specifications required by the cultivators. The purpose of this research is to see the labor absorption in catfish culture in ponds, as well as the labor value according to the specifications of the type of work required. The data analysis method uses descriptive analysis for the amount of labor absorbed and Oppurtunity cost, namely what benefits the workforce gets in working in catfish farming. Labor absorption in catfish farming in ponds for large scale businesses requires permanent labor to maintain the pond. as many as 4 people and harvest labor also requires as many as 8 - 9 people. Medium-scale businesses require 1-3 permanent workers and 5-7 panensian workers, while small scale businesses do not require permanent workers to maintain the pond because they are guarded by themselves and require 5-6 harvest workers. The value of the labor resources absorbed in catfish culture in the pond is Rp. 436,608,000.00.</em></p> <p><strong><em>Keywords:</em></strong><em> Labor, Cultivation, Catfish.</em></p> Irma Febrianty ##submission.copyrightStatement## 2020-09-07 2020-09-07 4 1 103 108 10.31539/costing.v4i1.1209 Analisis Pengaruh Dana Pihak Ketiga (DPK), Capital Adequacy Ratio (CAR), Non Performing Loan (NPL) dan Loan To Deposit Ratio (LDR) terhadap Penyaluran Kredit Perbankan https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1442 <p><em>Commercial banks have the main activity in raising funds and channeling funds to the public. The biggest source of funds from commercial banks is the activity of channeling credit to the public. The purpose of this research is to find out and analyze DPK, CAR, NPL and LDR on bank credit distribution (Case Study at Commercial Banks listed on the Indonesia Stock Exchange Period 2014-2018). Quantitative research approaches are used by being a cause and effect relationship between independent and dependent variables. Documentation becomes a data collection technique. The population in this study were 45 commercial banks listed on the Indonesia Stock Exchange in 2014-2018. The research sample is 27 commercial bank companies listed on the Indonesia Stock Exchange in the 2014-2018 period with a sample of 135 observations.</em> <em>Multiple linear regression became the model of this study. The results of this study are DPK, CAR, NPL and LDR partially and simultaneously and significantly on bank loans (Case study on commercial banks listed on the Indonesia Stock Exchange in the period 2014-2018)</em><em>.</em></p> <p><strong><em>Keywords</em></strong><em> : third party fund, capital adequacy ratio, non performing loan and loan to deposit ratio, credit distribution</em></p> Mesrawati Mesrawati Widya Hitajulu Salsabila Siregar Venny Venny Sri Rejeki Panggabean Feberius Halawa ##submission.copyrightStatement## 2020-09-07 2020-09-07 4 1 109 116 10.31539/costing.v4i1.1442 Pengaruh Audit Tenure, Ukuran KAP, Ukuran Perusahaan Klien Terhadap Kualitas Audit Perusahaan di Bursa Efek Indonesia https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1432 <p><em>This quantitative research aimed to explain and describe the impacts of audit tenure, KAP size and company size in industrial market in Indonesia in 2016-2018. The population included 154 companies, from which samples were randomly selected based on these following criteria is Industrial market of Indonesia 2016-2018, &nbsp;Incomplete financial statement 2016-2018, Unregistered names in industrial market 2016-2018. Companies conducted independent audit without explanation 2016-2018, and Financial statements were published between 2016-2018. There were 105 companies sampled in this research with 315 financial statements for 3 year-period. The data were analyzed descriptively and using logistic regression test. The results of the logistic analysis showed that Audit Tenure, KAP Size, and Company Size had a positive influence on the dependent variable of this research. </em></p> <p><strong><em>Keywords :</em></strong><em> Audit Tenure, KAP Size, Company Size, Audit Quality, Manufacturing Company, Indonesia Stock Exchange</em></p> <p><em>&nbsp;</em></p> Fitri Andriani Rindi Meilani Chandra Evendi Pardede Wenny Anggeresia Ginting ##submission.copyrightStatement## 2020-09-07 2020-09-07 4 1 117 126 10.31539/costing.v4i1.1432 Pengaruh Ukuran Perusahaan, Kebijakan Hutang, Profitabilitas, Likuiditas Terhadap Kebijakan Dividen pada Perusahaan Wholesale/Retail di Bursa Efek Indonesia https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1444 <p><em>The purpose of this study was to examine and analyze how the influence of Company Size, Debt Policy, Profitability, Liquidity Against Dividend Policy in Wholesale / Retail Companies Listed on the Indonesia Stock Exchange Period 2015-2019. The research method uses quantitative and descriptive approaches. The population in this study is the overall number of Wholesale / Retail sector companies listed on the Indonesia Stock Exchange, amounting to 63 companies. The sample of this study were 11 companies with a purposive sampling method. The data analysis technique is multiple linear regression analysis. Partially shows that profitability has a positive and significant effect on dividend policy on Wholesale / Retail companies listed on the Indonesia Stock Exchange in the 2015-2019 period. While Company Size, Debt Policy, Liquidity have no effect and are not significant on dividend policy at Wholesale / Retail companies listed on the Indonesia Stock Exchange for the period of 2015-2019. And simultaneously Company Size, Debt Policy, Profitability, Liquidity have significant and significant effect on dividend policy on Wholesale / Retail companies listed on the Indonesia Stock Exchange for the period of 2015-2019. The magnitude of the coefficient of determination is 29.2% while the remaining 70.8% dividend policy is explained by other variables not examined in this study. The conclusion of this study is that partially only profitability has a positive and significant effect on dividend policy on Wholesale / Retail companies listed on the Indonesia Stock Exchange in the period 2015-2019.</em></p> <p><strong><em>Keywords: C</em></strong><em>ompany Size, Debt Policy, Profitability, Liquidity, and Dividend Policy</em></p> Angeline Setiawan Liyi Sumira Purba Annisa Nauli Sinaga Sherly Estenia ##submission.copyrightStatement## 2020-09-07 2020-09-07 4 1 127 136 10.31539/costing.v4i1.1444 Pengaruh Net Profit Margin, Earning Per Share, Return On Assets dan Leverage Ratio Terhadap Harga Saham Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1443 <p><em>The stock price is determined by the supply and demand of the stock itself. The higher the purchase of these shares the stock price tends to move up and vice versa if more and more are selling these shares the stock price will usually tend to decrease. The purpose of this study is to analyze and test whether Net Profit Margin (NPM), Earning Per Share (EPS) and Leverage Ratio affect stock prices. This type of research is quantitative descriptive with secondary data, the sampling technique used is purposive sampling and the testing method used uses multiple linear regression analysis. The population in this study is 168 manufacturing companies listed on the Stock Exchange in 2016-2018 period. From the research results it is known that the simultaneous Net Profit Margin (NPM) and Earning Per Share (EPS) and Return On Assets (ROA) and Leverage Ratio have a significant and positive effect. While partially, only Earning Per Share (EPS) and Return On Assets (ROA) have a significant and positive effect, while Net Profit Margin (NPM) and Leverage Ratio has no significant and positive effect.</em></p> <p><strong><em>Keywords</em></strong><em> : Net Profit Margin, Earning Per Share, Return On Assets, Leverage Ratio</em></p> Annisa Nauli Sinaga Michael Michael Yuliyani Yuliyani ##submission.copyrightStatement## 2020-09-17 2020-09-17 4 1 137 146 10.31539/costing.v4i1.1443 Pengaruh Perputaran Kas, Total Asset Turnover, Debt To Equity Ratio, dan Current Ratio Terhadap Return on Asset Pada Perusahaan yang Terdaftar di Indeks LQ45 https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1464 <p><em>To be able to maintain survival, companies must have the ability to generate profits. This research purpose is to examine whether cash turnover, total asset turnover, debt to equity ratio, and current ratio have an effect on return on asset. The population in this study are companies listed in index LQ45. The sampling method used in this study was purposive sampling and obtained as many as 26 samples. The research method used in this research is descriptive analysis and multiple linear regression analysis. The result showed that in partial cash turnover has no effect and significant on return on asset, total asset turnover has effect and not significant on return on asset, debt to equity ratio has no effect and not significant on return on asset, and current ratio has no effect and significant on return on asset. Simultaneously cash turnover, total asset turnover, debt to equity ratio, and current ratio together has effect and not significant on return on asset.</em></p> <p><strong><em>Keywords: </em></strong><em>Cash Turnover, Total Asset Turnover, Debt to Equity Ratio, Current Ratio, and Return on Asset</em></p> Bayu Wulandari Irwanto Irwanto ##submission.copyrightStatement## 2020-09-18 2020-09-18 4 1 147 155 10.31539/costing.v4i1.1464 Pengaruh Ukuran Perusahaan, Struktur Aset, Pertumbuhan Penjualan, Profitabilitas dan Current Ratio terhadap Struktur Modal Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1463 <p><em>The amount of assets owned by the company is the value of the size of the company. This study aims to test whether company size, asset structure, sales growth, profitability and current ratio have an influence on the capital structure of manufacturing companies listed on the Indonesia Stock Exchange (BEI). This type of research is quantitative descriptive, using 144 manufacturing companies listed on the IDX. This study uses a sampling method, namely purposive sampling and has obtained as many as 216 samples. This study uses data in the form of annual financial reports from each sample company published on the website www.idx.co.id. The variables related to this study are company size, asset structure, profitability, sales growth, and current ratio. The research method used is descriptive method and multiple linear regression analysis method. The results showed that Company Size, Asset Structure, Profitability and Current Ratio had no significant effect on capital structure. Meanwhile, sales growth has a significant effect on the capital structure. Simultaneously, Company Size, Asset Structure, Profitability, Sales Growth and Current Ratio together have a significant and significant effect on the company's capital structure as measured by the capital structure listed on the IDX.</em><em>&nbsp;</em></p> <p><strong><em>Keywords:</em></strong><em> Company Size, Asset Structure, Sales Growth, Profitability, Current Ratio, and Capital Structure.</em></p> Bayu Wulandari Veronika Marsaulina Lumbantoruan Lumbantoruan Jelita Wanna Naibaho Winna Regina R. Chairuddin Zufriansyah Frenki Okto ##submission.copyrightStatement## 2020-09-18 2020-09-18 4 1 156 166 10.31539/costing.v4i1.1463 Pengaruh Partisipasi Anggaran, Kejelasan Sasaran Anggaran, Desentralisasi, dan Akuntabilitas Publik terhadap Kinerja Manajerial https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1516 <p><em>This study aim</em><em>ed</em><em> to analyze the effect of budget participation, clarity of budget targets, decentralization, and public accountability on managerial performance.</em><em> P</em><em>opulation of this research </em><em>was</em><em> 31 Regional Apparatus Organizations (OPD) in Pekanbaru City, </em><em>there are</em><em> officials at the head level, heads of offices / sections / fields / sub-services, secretaries, and heads of subsections / sub-sectors / sections of the secretariat, agencies, </em><em>and officed</em><em>. The data was collected by distributing questionnaires to 124 respondents, while the questionnaires that could be used were only 89 respondents. Data were analyzed using multiple linear analysis. The results of the analysis found that there is a significant influence between budget participation and managerial performance, there is </em><em>no </em><em>significant influence between the clarity of budget targets on managerial performance, there is a significant influence between decentralization and managerial performance, and there is no</em> <em>significant influence between public accountability on managerial performance. The result of testing the coefficient of determination of the hypothesis in this study was 50.3%, while the remaining 49.7% was influenced by other variables not included in this study. The value of t table in this study is 1.662, while the t value of the first hypothesis is -17,166&gt; - 1,668, the second hypothesis is 20,107&gt; 1,668, the third hypothesis is -2,481&gt; -1,668, and the fourth hypothesis is -2,248&gt; -1,668.</em></p> <p><strong><em>Keywords:</em></strong><em> Managerial Performance, Budget Participation, Clarity of Budget Objectives, Decentralization, and Public Accountability.</em></p> Febdwi Suryani Pujiono Pujiono ##submission.copyrightStatement## 2020-09-18 2020-09-18 4 1 167 181 10.31539/costing.v4i1.1516 Potensi Pasar Modern Syariah dalam Pengembangan Ekonomi Masyarakat Kota Pekanbaru https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1549 <p>Perkembangan teknologi saat ini sangat berpengaruh bagi kehidupan sehari-hari masyarakat baik dari segi perekonomian, sosial maupun gaya hidup. Pasar modern syariah hadir adalah salah satunya untuk menjawab dari perubahan gaya hidup masyarakat di perkotaan. Tujuan penelitian ini untuk mengetahui potensi pasar modern syariah dan mengetahui strategi yang paling tepat pasar modern syariah dalam mengembangkan ekonomi masyarakat Pekanbaru. Data didapatkan dengan menyebarkan kuisioner kepada 384 orang responden. Teknik analisis data menggunakan analisis SWOT dilanjutkan dengan membuat matriks IFAS dan EFAS. Analisis strategi prioritas menggunakan <em>Quantitative Strategy Planning Matrix </em>(QSPM). Dari hasil analisis SWOT diketahui bahwa kekuatan lebih dominan daripada kelemahan dan peluang lebih dominan daripada ancaman. Dari hasil matriks IFAS diketahui bahwa terdapat nilai total yang lebih besar pengaruhnya dibandingkan dengan nilai matriks EFAS. Berdasarkan matriks IFAS dan EFAS dapat dikatakan bahwa Potensi Pasar Modern Syariah dalam Pengembangan Ekonomi Masyarakat Kota Pekanbaru masih berkembang dengan“baik” dan memerlukan inovasi yang kreatif. rdasarkan analisis QSPM, strategi prioritas pertama yang harus dilakukan adalah Meningkatkan kinerja system manajemen pasar modern Syariah, laporan keuangan terbuka dan pembinaan sumberdaya manusia. Strategi prioritas kedua adalah Melakukan terobosan baru dalam penjualan dengan membuat aplikasi online untuk pasar Syariah modern.</p> <p><strong><em>Kata Kunci : </em></strong><em>Pasar Modern Syariah, SWOT, IFAS dan EFAS, QSPM.</em></p> Muhammad Arif Marina Zulfa Astri Ayu Purwati ##submission.copyrightStatement## 2020-09-18 2020-09-18 4 1 182 195 10.31539/costing.v4i1.1549 The Konsekuensi Penerapan Mix Promosi terhadap Kinerja Pemasaran Bisnis Mikro Kecil dan Menengah di Kabupaten Kampar, Provinsi Riau https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1477 <p class="TextBody"><em>Small and Medium Enterprises is one of the priority programs from Indonesia government is to improve the regional and national economy. Since this industry become the backbone of a populist economic system that is not only intended to reduce the problem of inequality between income groups and between businesses, or alleviating poverty and employment. Unfortunately, Business competition is tight at this time is a challenge for businesses to remain in the global competition. Entrepreneurs who cannot meet consumer tastes will increasingly be left behind and businesses will not develop. Determining the effect of Promotion Mix on the Marketing Performance of Micro, Small and Medium Enterprises in Kampar District is the main objective of this study. The independent variable in this study is the promotion mix and the dependent variable is marketing performance. The analytical model used is a simple linear regression analysis. The number of samples in this study was 96 respondents. The sampling technique uses accidental sampling. Based on the results of the study it can be concluded that there is a significant effect of the promotion mix variable on the Marketing Performance of Micro, Small and Medium Enterprises in Kampar District. Promotional mix variables and marketing performance have a strong relationship with the promotion mix contribution to marketing performance are also quite high at 67.60% determined by promotional mix variables, while the remaining 32.40% is determined by other factors outside the model. It is recommended to MSME entrepreneurs in Kampar Regency, to increase product promotion so that MSME entrepreneurs maintain personal sales because they are most sought after by consumers, so that by increasing personal sales, it will improve the marketing performance of MSME entrepreneurs in Kampar Regency.</em></p> <p class="TextBody"><strong><em>Keywords</em></strong><em>: Promotion Mix, Marketing Performance, Small and Medium Micro Enterprise, Kampar</em></p> <p>&nbsp;</p> Samsurijal Hasan ##submission.copyrightStatement## 2020-09-18 2020-09-18 4 1 196 207 10.31539/costing.v4i1.1477 Pengaruh Struktur Kepemilikan, Likuiditas, Leverage, dan Aktivitas (TATO) Terhadap Financial Distress Perusahaan Industri Barang Konsumsi yang Terdapat Pada Bursa Efek Indonesia https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1325 <p><em>Financial Distress is indicated as company’s financial decrease which can be caused by various circumstances. Identifying financial distress is important to do since financial distress that occurs continuously will lead to company failure. </em><em>This research is useful to see the impact of Ownership Structure, Liquidity, Leverage, and Activity in predicting Financial Distress to the sector consumer goods companies listed in Indonesia Stock Exchange. The independent variable used is Ownership Structure, Current ratio, Debt ratio, and Activity (TATO). While the dependent variable used is Financial Distress. The sample in this research involve 27 companies was taken by Purposive Sampling technique </em><em>by determining 3 criterias </em><em>within a span of 5 years, so the amount of research data was obtained as many as 135. </em><em>This study use quantitative research. </em><em>The results of this research using multiple linear regression analysis concluded Ownership Structure, Liquidity, and Activity have positive impact on Financial Distress. While Leverage</em><em> is the only variable which</em><em>has no significant influence on Financial Distress.</em></p> <p><strong><em>Keywords :</em></strong><em> Ownership Structure, Liquidity, Leverage, Activity, Financial Distress. </em></p> Yuriani Yuriani Merry Merry Jennie Jennie Muhammad Ikhsan Namira Ufrida Rahmi ##submission.copyrightStatement## 2020-09-18 2020-09-18 4 1 208 218 10.31539/costing.v4i1.1325 Pengaruh Belanja Modal, Pendapatan Asli Daerah, dan Dana Perimbagan Terhadap Kinerja Keuangan https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1547 <p><em>The target of this inspection is to investigate the impact of Regional Capital Expenditures and Original Revenues and Balancing Funds on Financial Performance in North Sumatra Province. The technique used in this examination is by obtaining saturated sampling. This examination uses as many samples of 33 districts/cities was used and data were analyzed using the annual financial report (Annual Report) in North Sumatra for the period 2014-2017, which was found through the website www.bps.go.id. This examination wears a model the method of Multiple Linear Regression. Test classic assumptions and hypotheses using the F test and T-test with the SPSS program. The results show capital expenditure, original regional income, and balanced funds that were relevant to financial performance in North Sumatra Province in 2014-2017. Partially, Capital Expenditures and Regional Original Revenue has a relevant impact on Financial Performance. While the Balancing Fund has no significant impact on Financial Performance in North Sumatra Province in 2014-2017.</em><em>&nbsp;</em></p> <p><strong><em>Keywords:</em></strong><em> Capital Expenditures, Local Own Revenues, Balance Funds, Financial Performance.</em></p> <p><em>&nbsp;</em></p> Novita Sari Benny Rojeston Marnaek Nainggolan Rosma Ariyanti Purba Taruli Br Saragih Wahy Banjarnahor ##submission.copyrightStatement## 2020-10-02 2020-10-02 4 1 219 223 10.31539/costing.v4i1.1547 Evaluasi Penerimaan Kas Terhadap Pendapatan Pada PT.Suryagita Nusaraya Cargo Cabang Maumere https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1370 <p><em>An accounting information system is a collection of various resources, both human and equipment, which are specially designed to assist processing to convert financial data and other data into information. This study aims to determine whether the accounting information system for cash receipts for package delivery revenue at PT.Suryagita Nusaraya is adequate. The analytical method used is descriptive qualitative method. Research data obtained from interviews, observation and documentation. The results showed that the functions, documents, accounting records, and cash receipts accounting information system procedures were still inadequate. The existing functions are based on theory, but in carrying out their functions there is no separation of duties. The documents used are incomplete because the company did not make a packing slip. Accounting records and cash receipt procedures have been implemented properly. The results also show that the main elements of internal control that support the cash receipt process have not been implemented properly.</em></p> <p><strong><em>Keywords:</em></strong><em> Accounting Information Systems, Cash Receipts</em></p> Emilianus Eo Kutu Goo Maria Nona Dince Walter Obon Magdalena Samosir Yoseph Darius Purnama Rangga ##submission.copyrightStatement## 2020-10-02 2020-10-02 4 1 224 235 10.31539/costing.v4i1.1370 Inovasi, Angka Kelahiran Perusahaan Serta Pengaruh Moderasi Aplikasi Paten https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1548 <p><strong><em>ABSTRACT</em></strong></p> <p><em>Innovation is the foundation of a company's life.</em> <em>The purpose of this study is to understand the effect of innovation on the birth rate of enterprises by using macro data in a country. Data on the birth rate of a company is used to see the effectiveness of a country's innovation in increasing the number of entrepreneurs in its country. The results showed that of the 16 OECD member countries that became the study sample it was found that the innovation activities undertaken by these countries, especially R&amp;D activities, were not proven to be effective and applicable in creating new businesses. Meanwhile, the patent application only helps in terms of changing the direction of its influence, which was negative to positive initially, but not proven statistically significant.</em> <em>&nbsp;&nbsp;&nbsp;</em></p> <p><strong>Keyword</strong> : Innovation, R&amp;D Expenditure, Number of Patent Applications, Birth Rate of Enterprises, OECD.</p> Onny Setiawan Okalesa Okalesa Sarli Rahman Ienne Yoseria Putri ##submission.copyrightStatement## 2020-10-02 2020-10-02 4 1 236 242 10.31539/costing.v4i1.1548 Analisis Efisiensi Pada Rencana Pengadaan dan Pengelolaan Gedung Menggunakan Metode Life Cycle Costing https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1173 <p>Politeknik Keuangan Negara STAN (PKN STAN) dalam merencanakan sumber daya yang dibutuhkan termasuk rencana pengadaan barang dan jasa perlu membuat perhitungan analisis mengenai pengadaan tersebut dengan tool yang komprehensif. Penelitian ini bertujuan untuk mensimulasikan proses perencanaan pengadaan barang/jasa juga dengan mempertimbangkan berbagai opsi pengadaan atas barang/jasa khususnya gedung yang dibutuhkan tersebut. Metode <em>Life Cycle Cost </em>(LCC) digunakan untuk melakukan penilaian atas biaya yang harus dikeluarkan dalam rencana pengadaan gedung PKN STAN. Dari hasil simulasi pengadaan gedung baru 8 lantai dengan luas bangunan 15.436 m2 disimpulkan bahwa bahwa alternatif pengadaan yang paling efisien adalah pengadaan gedung dengan nilai sesuai anggaran sebesar Rp163.074.565.498,00 dengan rencana pemeliharaan yang dilakukan secara <em>in-house</em> dengan biaya per tahun sebesar Rp491.503.208,00, estimasi biaya listrik sebesar Rp857.720.184,00 dan dilakukan pemanfaatan atas gedung tersebut yang menghasikan eatimasi pendapatan sebesar Rp189.400.657,00 per tahun dan pada akhir masa manfaat dilakukan penghapusan aset dengan biaya sebesar Rp689.777.500,00.</p> <p>Kata Kunci: Pengadaan Barang dan Jasa, Perencanaan Gedung, <em>Life Cycle Costing</em></p> Aditia Setia Winartama Acwin Hendra Saputra ##submission.copyrightStatement## 2020-10-11 2020-10-11 4 1 243 254 10.31539/costing.v4i1.1173 Modal Sosial dan Inovasi Terhadap Kinerja Bisnis UMKM https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1522 <p>Banyak faktor yang dapat mempengaruhi peningkatan kinerja bisnis suatu usaha. Modal merupakan salah satu faktor yang sangat penting dalam menjalankan roda usaha.Namun,tidak semua modal yang diperlukan berupa modal material.Modal sosial merupakan modal yang sangat berpengaruh dalam dunia bisnis.Semakin luas modal sosial yang dimiliki maka akan meningkatkan kinerja usaha.Selain faktor modal sosial,inovasi juga menjadi salah satu faktor peningkatan perkembangan usaha.Inovasi diperlukan dalam menciptakan ide-ide baru yang dibutuhkan dalam mempertahankan roda usaha.Penciptaan inovasi dapat berupa inovasi terhadap produk,proses,pasar serta inovasi organisasi. Penelitian ini bertujuan untuk mengetahui pengaruh modal sosial dan inovasi terhadap Kinerja bisnis UMKM. Penelitian ini menggunakan variabel independen yaitu modal sosial dan inovasi sedangkan variabel dependen yaitu Kineja Bisnis.Sampel penelitian ini adalah pelaku usaha percetakan yang berlokasi di jalan Pangeran Hidayat Pekanbaru. Dan metode penarikan sample menggunakan teknik sensus artinya semua pelaku UMKM percetakan yang berada di jalan Pangeran Hidayat Pekanbaru menjadi sampel yang dikumpulkan melalui kuesioner dengan jumlah 60 responden. Teknik analisis data yang digunakan adalah analisis regresi linear berganda dan pengujian hipotesis menggunakan uji t dan uji F. Hasil penelitian ini menunjukkan bahwa modal sosial dan inovasi secara parsial berpengaruh terhadap kinerja bisnis UMKM.</p> <p><strong><em>Keywords:</em></strong> Modal Sosial,Inovasi, Kinerja Bisnis UMKM</p> syukri hadi Okalesa Okalesa Astri Ayu Purwati Fransiska Marlas Hidayat Saputra ##submission.copyrightStatement## 2020-10-11 2020-10-11 4 1 255 262 10.31539/costing.v4i1.1522 Model Hubungan Peningkatan Kualitas Nilai Perusahaan Melalui Corporate Governance, Gender Direktur, Reputasi Audit Pada Perbankan Konvensional dan Perbankan Syariah di Indonesia Tahun 2013-2018 https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1552 <p><em>One important indicator factor for assessing the company's future prospects is to see the extent to which the company's profitability has grown. The purpose of this study was to determine the Relationship between Improving the Quality of Company Value through Corporate Governance, Gender Director, Audit Reputation in Conventional Banking and Islamic Banking in Indonesia 2013-2018. This research was conducted in listed companies that are members of the financial sector (Conventional and Sharia Banking) which are listed on the Indonesia Stock Exchange from 2013 to 2018 from 31 banking companies listed on the Indonesian stock exchange from a period of 6 years from 2013 to 2018. Methods used is purposive sampling, namely the technique of determining the sample with certain considerations. While the data analysis method using SEM and AMOS. The results of this study indicate that the Independent Board (Independent Board) does not have a significant positive effect on company performance and firm value (2) Gender Director (Female directorship) does not have a significant negative effect on company performance and firm value (3) Board Members (Managerial Board) ) has a significant positive effect on company performance; but Board Members (Managerial Board) do not have a significant positive effect on firm value. (4) Audit Reputation does not have a positive significant effect on company performance and firm value.</em></p> <p><strong><em>Keywords</em></strong><em>: Audit Quality, </em><em>Professional Accuracy, Competence, Ethics of Internal Auditors</em></p> Suharti Suharti Anton Anton Irawati Irawati ##submission.copyrightStatement## 2020-10-13 2020-10-13 4 1 263 273 10.31539/costing.v4i1.1552 Pengaruh Pertumbuhan Ekonomi, Pendapatan Asli Daerah Terhadap Alokasi Belanja Modal Dengan Dana Alokasi Umum Sebagai Variabel Pemoderasi Pada Kabupaten/ Kota Di Provinsi Di Sumatera Utara https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1623 <p><em>The allocation of expenditure in the Regional Revenue and Expenditure Budget (APBD) in the form of capital expenditure aims to increase the fixed assets and the development of the region so as to create equitable development in each region, but the allocation of capital expenditure is not used productively by local governments, it can be seen from the imbalance of development between regions. The purpose of this study is to examine the effect of Economic Growth (PE), Regional Original Income (PAD) on the allocation of Capital Expenditure (BM) and General Allocation Funds (DAU) as moderating variables in Regencies / Cities in North Sumatra Province. The type of data used in this study is secondary data with multiple linear regression tests. The results of this study partially Economic Growth does not affect the allocation of Capital Expenditures, but Regional Original Revenue partially influences the allocation of Capital Expenditures. Simultaneously Economic Growth, Local Own Revenue and </em>General<em> Allocation Funds have positive and significant effect on capital expenditure. The General Allocation Fund moderates the effect of Economic Growth on the allocation of Capital Expenditures and the General Allocation Fund does not moderate the influence of the Local Revenue to the allocation of Capital Expenditures.</em></p> <p><em>Keywords: Economic Growth, Local Own Revenue, Capital Expenditures, General</em> Allocation Funds</p> Eka Sridawati Purba Elsa Lorreinne Pradipta Ruth Trifosa Taruli Manullang Benny Rojeston Marnaek Nainggolan ##submission.copyrightStatement## 2020-10-18 2020-10-18 4 1 274 281 10.31539/costing.v4i1.1623 Model Keterkaitan Nilai Perusahaan dan Return Saham Berbasis Rasio Keuangan Pada Industri Pulp dan Kertas https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1531 <p>Seorang investor yang ingin melakukan investasi di pasar modal, tentunya mengharapkan <em>return </em>yang tinggi dengan risiko yang kecil. Sebelum melakukan investasi, investor akan memperhatikan bagaimana nilai suatu perusahaan di mata pasar. Namun, selain harga saham, nilai perusahaan maupun <em>return</em> saham dapat dipengaruhi oleh beberapa faktor yang salah satu diantaranya adalah kinerja keuangan perusahaan. Penelitian ini bertujuan untuk menguji pengaruh C<em>urrent Ratio, Debt To Equity Ratio </em>dan<em> Return on Asset </em>terhadap Nilai Perusahaan (Tobin’s Q) dan <em>Return</em>Saham. Sampel yang digunakan adalah perusahaan manufaktur sub sektor pulp dan kertas periode 2012-2017 yang terdaftar di Bursa Efek Indonesia dengan menggunakan teknik sampling <em>purposive sampling</em>. Teknik analisis data yang digunakan adalah analisis jalur menggunakan WarpPLS 4.0. Hasil pengujian hipotesis menunjukkan bahwa <em>Current Ratio </em>berpengaruh negatif signifikan terhadap Nilai Perusahaan dan berpengaruh positif tidak signifikan terhadap <em>Return </em>Saham. <em>Debt to Equity Ratio</em> berpengaruh negatif signifikan terhadap Nilai Perusahaan dan berpengaruh negatif tidak signifikan terhadap <em>Return </em>Saham. <em>Return on Asset</em> berpengaruh positif signifikan terhadap Nilai Perusahaan dan <em>Return </em>Saham. Sedangkan Nilai Perusahaan berpengaruh negatif signifikan terhadap <em>Return </em>Saham.</p> <p>Kata Kunci : Current Ratio, Debt to Equity Ratio, Return On Asset, Nilai Perusahaan, Tobin’s Q, <em>Return </em>Saham, WarpPLS</p> Okalesa Okalesa Onny Setiawan Mimelientesa Irman Ria Darmasari ##submission.copyrightStatement## 2020-10-18 2020-10-18 4 1 PDF PDF 10.31539/costing.v4i1.1531 Analisis Stres Kerja Terhadap Kinerja Karyawan Pada CV. Kujang Marinas Utama Sukabumi https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1433 <p>Sumber daya manusia bagian terpenting dalam sebuah perusahaan, sehingga jika kurang sumber daya manusia maka segala sesuatu yang telah di targetkan perusahaan tidak akan terlaksana dengan baik. Tujuan penelitian ini yaitu untuk mengetahui dan memahami analisis stres kerja terhadap kinerja karyawan pada CV. Kujang Marinas Utama Sukabumi. Metode penelitian ini menggunakan metode deskriftif dan asosiatif serta menggunakan pendekatan kuantitatif. Sumber data yang digunakan dengan cara wawancara dan menyebar kuesioner sebagai alat untuk memperoleh data. Sampel yang digunakan 80 responden. Hasil penelitian menunjukkan terdapat pengaruh yang positif dan signifikan pada analisis stres kerja terhadap kinerja karyawan.</p> <p><strong>Kata </strong><strong>K</strong><strong>unci</strong> : Stres Kerja; Kinerja Karyawan</p> Mike Komalasari Faizal Mulia Z Deni Muhammad Danial ##submission.copyrightStatement## 2020-11-01 2020-11-01 4 1 301 305 10.31539/costing.v4i1.1433 Analisis Break Even Point Sebagai Alat Profit Planning Pada Hotel Wijaya Sukabumi https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1398 <p><em>This research is based on the importance of the management of a company and to know the implement of break event point analysis and the margin of safety in which to study and explore the relationship between costs, profits, and volume of activities. This study aims to determine the break event point approach and the margin of safety as a basis in profit planning. The variables used in this study are Break Event Point and Margin of Safety. The population and sample used are social conditions consisting of three components; places, actors, and activities, with a sampling technique using purposive sampling. Resource persons in the study are the owners, managers, and accountants.</em> <em>This research uses a qualitative method with a descriptive approach. Based on the results of research that Hotel Wijaya in 2018 and 2019 has reached the level of break even point. Margin of safety for 2016 was 41%, in 2017 it was 21%, in 2018 it was 39% and in 2019 it was 35%, while in 2020 Hotel Wijaya planned profit with a percentage of 10% with a total of 104,764,000. Thus, to obtain the profit the Wijaya Hotel must be able to rent out rooms with sales of Rp 355,832,589 with as many as 4,211 units sold. So it can be concluded that the growth of assets and leverage only affects 1.4% of the dividend policy and the rest is influenced by other factors not examined in this study.</em></p> <p><em>Keywords:</em><em> Break Even Point, Profit Planning</em></p> <p>&nbsp;</p> Moch Yusuf Guntara Maulidin Andri Indrawan Ade Sudarma ##submission.copyrightStatement## 2020-11-01 2020-11-01 4 1 306 316 10.31539/costing.v4i1.1398 Literasi Produk Perbankan Syariah Bagi Guru Pondok Pesantren di Kota Pekanbaru https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1595 <p>Literasi terkait dengan kompetensi dan pengetahuan seseorang tentang disiplin ilmu atau area tertentu. Literasi perbankan syariah merupakan pemahaman seseorang tentang produk perbankan syariah dan kemampuannya untuk mengambil keputusan keuangan secara efektif. Dengan demikian, literasi produk perbankan syariah menunjukkan tingkat pemahaman seseorang secara komprehensif. Penelitian ini bertujuan untuk mengetahui literasi produk perbankan syariah pada guru pondok pesantren di Kota Pekanbaru, agar nantinya guru pondok pesantren tidak hanya mengetahui tetapi juga mampu mengakses dan menggunakan produk-produk yang ada di perbankan syariah. Rumusan masalah dalam penelitian ini adalah bagaimana literasi produk perbankan syariah bagi guru pondok pesantren di Kota Pekanbaru?. Tujuan penelitian ini untuk mengetahui literasi produk perbankan syariah pada guru pondok pesantren di Kota Pekanbaru. Penelitian ini merupakan penelitian lapangan (<em>field research</em>). Populasi dalam penelitian ini adalah guru pondok pesantren yang berada di Kota Pekanbaru, sampel dalam penelitian ini berjumlah 87 orang dengan teknik pengambilan sampel menggunakan teknik <em>purposive sampling</em><em>.</em> Adapun metode pengumpulan data dengan melakukan penyebaran angket, wawancara dan dokumentasi. Analisa data bersifat deskriptif, data dikelompokkan dan diuraikan sesuai dengan jenisnya dan dianalisis dengan menggunakan analisis kualitatif, kemudian disajikan dalam bentuk tabel serta dilengkapi dengan penjelasan. Hasil penelitian ini menunjukkan bahwa literasi produk perbankan syariah bagi guru pondok pesantren di kota Pekanbaru tergolong kedalam <em>s</em><em>ufficient literate</em>, hal ini terlihat dari besarnya persentase jawaban responden sebesar 43.34%, artinya literasi produk perbankan syariah bagi guru pondok pesantren di kota Pekanbaru belum mencapai target yang diharapkan. Hal ini menandakan bahwa respon guru terhadap produk perbankan syariah “baik” namun masih minimnya penggunaaan produk-produk perbankan syariah di lingkungan guru pondok pesantren khususnya di kota Pekanbaru.</p> <p><em>Kata Kunci : </em><em>Literasi</em><em>, </em><em>Produk Perbankan Syariah</em><em>, </em><em>Pondok Pesantren, Kota Pekanbaru</em></p> Putri Nuraini Mufti Hasan Alfani Zulfadli Hamzah ##submission.copyrightStatement## 2020-11-11 2020-11-11 4 1 317 325 10.31539/costing.v4i1.1595 Strategi Pengelolaan Wisata Syariah Kota Pekanbaru https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1603 <p><em>The legacy of the Malay kingdom of Riau has become a valuable historical site as one of the areas of the Islamic kingdom which has become a current sharia tourist destination. The purpose of this study was to determine the management strategy of the Riau Province An-Nur Grand Mosque, the Ar-Rahman Grand Mosque in Pekanbaru City, and the Senapelan Grand Mosque in Pekanbaru City as religious tourism destinations in Pekanbaru City. The techniques used in data collection are observation, interviews, documentation, and analyzing books related to research. The data analysis used was an interactive analysis model. The results of this study illustrate that 1. The implementation of planning in Islamic tourism in Pekanbaru City through the formation of the board 2. The implementation of the organization that has been formed by the management in managing the mosque as a religious tourism destination based on the main task and schedule made as a form of board coordination 3. Implementation of the movement has followed training and comparative studies of mosque administrators as religious tourism and providing salaries or wages to administrators 4. Controlling Implementation of Sharia Tourism management in Pekanbaru City is included in asset instruments under government control and supervision as the Pekanbaru City Grand Mosque 5. Marketing through promotion has been implemented with several types of online and print media. 6. Financial implementation is carried out with a system of transparency and accountability based on predetermined standards. 7. Operational implementation of activities that have been carried out routine mosques such as prayer 5 times, majlis taklim, tabligh akbar and other religious activities 8. The application of R &amp; D from the development of mosques as religious tourism destinations in Pekanbaru City received attention from the local government as a Raya and Paripurna mosque that has budget and expenditure on the running of mosque activities in the religious activity program in Pekanbaru City 9. Implementation of the Information System Mosque has been carried out in the information system on the management of religious tourism at the Great Mosque of An-Nur, Riau Province.</em></p> <p><strong><em>Keywords:</em></strong><em> Strategy, Management, Sharia Tourism</em></p> Mufti Hasan Alfani Putri Nuraini Muhammad Arif Ag Maulana ##submission.copyrightStatement## 2020-11-11 2020-11-11 4 1 326 333 10.31539/costing.v4i1.1603 Kinerja Kesehatan Bank Pembangunan Daerah Indonesia Dengan Chow Test dan Hausman Test https://journal.ipm2kpe.or.id/index.php/COSTING/article/view/1597 <p><em>Regional Bank is a commercial bank whose shares owned by the provincial government. So that, the Regional Bank plays indirectly a very large role in regional development. However, these Regional Banks have not contributed significantly to the development of their respective regions. From this description, this study aims to analyze the health performance of Regional Banks after the global economic crisis in 2008 using the Chow Test and the Hausman Test. This study has a population of 26 Regional Banks and a sample of 25 banks which are selected using purposive sampling. The result showed that from their financial ratios, Regional Banks tend to be in very healthy condition. Based on the research period from 2009 to 2019, the Regional Banks also shows results that tend to be very healthy. In terms of financial ratios and research period, the Loan to Deposit ratio tends to show fairly healthy results. Both of these results are supported by adjusted R<sup>2</sup> using the Chow Test and Hausman Test of 0.86 which means that all of these financial ratios have an effect of 86% with details that Capital Adequacy Ratio, Net Performing Loan, Net Interest Margin, and Loan to Deposit Ratio has a significant positive effect, while Return on Equity has positive and insignificant effect and Operational Cost of Operating Cost of Operating Income has a significant negative effect on Return on Assets.</em></p> <p><strong><em>Keywords: </em></strong><em>Regional Banks</em>, <em>Capital Adequacy Ratio, Non-Performing Loan, Return on Assets, Return on Equity, Net Interest Margin, Operational Cost of Operating Income, Loan to Deposit Ratio, Chow Test, and Hausman Test.</em></p> <p>&nbsp;</p> Yusnita Octafilia Putu Rani Susanthi Evelyn Wijaya ##submission.copyrightStatement## 2020-11-22 2020-11-22 4 1 334 344 10.31539/costing.v4i1.1597