International Journal of Science, Technology & Management

Determinants of Stock Liquidity during COVID-19

Adzra Helga Engrasia Gushendri, Irni Yunita — Wed, 27 Nov 2024 07:51:45 +0000

The COVID-19 pandemic has heightened awareness among Indonesian citizens regarding the significance of investing. The increased market capitalization of the IHSG has contributed to enhanced stock liquidity during this period. Prospective investors assess both internal and external factors of companies to make informed investment decisions, aligning their capital allocation with the perceived potential of the target firms. The objective of this research is to empirically analyze the determinants of stock liquidity, including firm size, profitability, leverage, firm growth, inflation, and dividend policy, focusing on non-financial companies listed in Indonesia during the COVID-19 period. The empirical results indicate a negative and significant relationship between stock liquidity and company size, profitability, leverage, growth, inflation, and dividend policy among non-financial firms listed on the IDX30 for the period February to July 2023.

Smartphone-Based Accounting Information System Application: An Innovation Technology Solution For Startup

Birra Lailatul Nafiisa, Jaswadi Jaswadi, Ludfi Djajanto — Wed, 27 Nov 2024 07:58:53 +0000

This study aims to create an Accounting Information System (AIS) application that can be accessed using a smartphone. The object of the study is PT Orangiro Makmur Jaya (OMAJA POWER). This company is one of the startups that focuses on electrical. This type of research is Research & Development (R&D) with the Analysis, Design, Development (ADDIE) model. The results of this study are the testing of the feasibility of the application by material experts resulting in an average value of the feasibility percentage of 98% which means that the application is very feasible to implement. Next are the results of the testing of the feasibility of the application by media experts with an average value of the feasibility percentage of 100% which means that the application is very feasible to implement. Then the percentage of user satisfaction based on the Performance indicator reached 4.90%, and on the Information and data indicator 4.92%. Meanwhile, the Economic indicator obtained a percentage of 4.95%. Then on the Control and security indicator, the level of satisfaction shows a percentage of 4.94%. Next is the Efficiency indicator showing a percentage of 4.93%. The Service indicator shows a percentage of 4.92%. So, based on this percentage, it can be concluded that the existence of an AIS using the PIECES Framework is very satisfying for users.

Assessment Of Complex Ii Fuel Oil Heat Exchanger Utilizing Heat Transfer Methodology

Wed, 27 Nov 2024 08:18:26 +0000

The heating stage of oil and gas refining commences with a heat exchanger. Using the pressure drop method and dirt factor in conjunction with the utmost standard permissible limit is one method of evaluating the thermal efficiency of a heat exchanger. This is performed to ascertain the value of the pressure drop, or pressure drop, which is directed at the fluid passage in the shell and pipeline. Moreover, a dust factor value is necessary to account for the potential accumulation of impurities and scale on the walls outside the heat exchanger conduit. The dust factor value is the maximum value that the parameter permits to ascertain the feasibility of the heat exchanger. Heat Exchanger 011-E-112 in the Fuel Oil Complex Unit The results indicate that heat exchanger 11E-112 can still be utilized despite the necessity for design enhancements. The design data for the shell is 1.7 psi, and the tube is approximately 18.92 psi. The Dirt Factor values for the shell and tube are 0.017 BTU/hour ft2°F and 0.034 BTU/hour ft2°F, respectively. The tube pressure drop value is 130.32 psi, while the shell pressure drop value is 2.53 psi.

Extraction Of Ketapang And Mangrove Natural Dyes As Wisdom For The Development Of Ecological Batik In Pekalongan City

Krisanti Klaski Putri, Budi Tjahjono — Wed, 27 Nov 2024 09:00:54 +0000

This research explores the use of natural dyes extracted from ketapang leaves (Terminalia catappa) and mangrove wood (Rhizophora mucronata Poir) as environmentally friendly alternatives in the batik dyeing process in Pekalongan City. The experimental method was applied to pieces of cotton cloth dipped in natural dye extraction, with a variety of fixators in the form of alum, chalk and tunjung. The results showed that the type of fixator and pen frequency of dyeing influenced the intensity and character of the color on the fabric. The color produced from ketapang leaves with a tunjung fixator produces a blackish green nuance, while mangrove wood fixed with calcium hydroxide produces a brick red color. This research offers a sustainable solution for the batik industry through natural dyeing, supporting environmental preservation and public health in the Pekalongan batik center area.

The Influence Of Brand Experience And Brand Image On Brand Loyalty With Brand Trust As A Mediation Variable (Case Study Of FCL Modest In Pekanbaru City)

Laisitha Sundari, Rina Djunita Pasaribu, Maria Sugiat — Wed, 27 Nov 2024 09:07:39 +0000

Famys Circle Label (FCL) is a modest fashion brand that offers thousands of articles from well-known local modest brands in Indonesia and is the only brand in Pekanbaru, giving it a strong competitive edge in the modest fashion market due to its ability to attract a variety of customer groups with diverse tastes and fashion styles. This study aims to examine the effect of brand experience and brand image on brand loyalty, with brand trust as a mediating variable.The research uses a quantitative method with a descriptive approach to illustrate the characteristics of a group, such as the characteristics of users or products, estimate product users' characteristics, and understand users' perceptions of a product. The study uses non-probability sampling, with 384 respondents who are FCL consumers. The data was processed and analyzed using Structural Equation Modeling (SEM) with SmartPLS3 software.The study results show a partial positive and significant effect of brand experience and brand image on brand loyalty and brand trust. Simultaneous testing also showed the same results, where the independent variables had a positive and significant effect on the dependent variable, brand loyalty, mediated by the intervening variable brand trust among FCL consumers in Pekanbaru City.

Will The Income Of Womenpreneurs, Family Size, Husband's Income, Wife's Income, And Children's Income Affect Family Economic Improvement: An Islamic Economic Perspective?

Lilis Marlina, Risca Ariska Ramadhan — Wed, 27 Nov 2024 10:18:09 +0000

This study aims to explore whether the income of womenpreneurs, family size, husband's income, wife's income, and children's income influence the improvement of family economics from an Islamic economic perspective. It is also hoped that the research can provide recommendations for women to understand and consider Islamic economic principles before deciding to become womenpreneurs and for husbands to consider Islamic Sharia principles when giving permission to wives and children to work. The research method used is quantitative, with a population of 1,898 people and a sample of 95 people obtained through the distribution of questionnaires. The results of the study show that: a) Womenpreneur income has an impact on improving family economics in Dompu Regency from an Islamic economic perspective; b) Family size influences family economic improvement in Dompu Regency from an Islamic economic perspective; c) Husband's income affects family economic improvement in Dompu Regency from an Islamic economic perspective; d) Wife's income contributes to family economic improvement in Dompu Regency from an Islamic economic perspective;e) Children's income has an impact on family economic improvement in Dompu Regency from an Islamic economic perspective.

The Influence of the 7P Strategy on Passenger Satisfaction and Loyalty at Terminal 3 Soekarno-Hatta Airport: An Operations Management Approach

Maryam Namira, Rina Pasaribu — Wed, 27 Nov 2024 10:38:25 +0000

The COVID-19 pandemic highlighted the dependence of aeronautical revenue on external factors, making it crucial to increase non-aeronautical revenue. Major global airports like Changi and Incheon have achieved this revenue balance, but Indonesia's five largest airports, including Soekarno-Hatta and I Gusti Ngurah Rai, have not. Balanced non-aeronautical revenue can cover investment and promotional costs without relying on aeronautical income. Soekarno-Hatta, as a major hub, still has limited tenants, and retail and F&B revenues in Terminal 3 have significantly declined. To address this issue, reducing passenger queue times through digitalization and improving airport facilities has become a primary focus.

This research uses 400 questionnaires analyzed with structural equation modeling (SEM) using SmartPLS 4.0 software. The focus is on identifying the influence of the 7P—covering product (tenant variety), price, promotion, place, people (service quality), process (self check-in and immigration autogates), and physical evidence (cleanliness and terminal design)—on customer satisfaction and loyalty in Soekarno-Hatta's Terminal 3. Digitalization, such as self check-in and immigration autogates, is expected to reduce queue times, providing passengers with more time to shop and thus increasing non-aeronautical revenue. This study aims to find the most significant factors affecting customer satisfaction and customer loyalty at the airport. The results indicate that product, process and physical evidence have a positive and significant impact on both customer satisfaction and customer loyalty.

Analysis Of Co-Creation Strategy For Digital Entertainment Products Of PT Telekomunikasi Indonesia For The B2B2X Segment

Seto Febriantoro, Dodie Tricahyono — Wed, 27 Nov 2024 10:55:22 +0000

Research analyzes PT Telekomunikasi Indonesia’s response to the decline in traditional communication services (landlines, mobile phones, SMS) due to consumer shifts toward free communication platforms like WhatsApp, Telegram, and Line. Additionally, the rise of entertainment content platforms (music, video, gaming) has driven changes in the telecommunications industry. In response, PT Telekomunikasi Indonesia’s B2B2X segment aims to gain a competitive advantage by collaborating with various stakeholders to create mutually beneficial business value. The research utilized methods including observations, supporting documents, and interviews, structured with the Co-Creation Design Framework. The findings show that the Co-Creation strategy successfully established collaborative value in PT Telekomunikasi Indonesia’s digital entertainment products for the B2B2X segment.

Antecendents Of Hotel Performance With Organizational Ambidexterity As Mediation On Employee of Three Star Hotels In Special Region Of Jakarta

Valentina Happy Vanesa, Bahtiar Usman, Dita Oki Berliyanti — Wed, 27 Nov 2024 11:12:18 +0000

The research aims to test and analyze the factors that influence Hotel Employee performance among 3 star hotel employees in Jakarta The unit of analysis is 322 individual employees who work for employees from 10 3-star hotels in Jakarta. Cross-sectional and one-shot data collection was carried out through structured questionnaires distributed via Google Form and also directly. Asymmetric causal research design using quantitative methods. The proposed model includes 123 hypotheses and is tested using Structural Equation Modeling (SEM). The majority of respondents were women aged 20-24 years, with contract employee status, staff positions, working period of less than 5 years with a high school/vocational school/equivalent education level. The results of the test found that Ambidextrous Leadership, Ambidextrous Organizational Culture and Organizational Ambidexterity had a positive influence on Hotel performance while Organizational Ambidexterity had a positive influence from Ambidextrous Leadership and Ambidextrous Organizational Culture The research results can help deepen understanding of the complexity of the relationship between HR Flexibility, ambidextrous, amdixterous leadership and High Performance Work Leadership System on Hotel Employee Performance through organizational Ambidexterity.

Developing of a Multi-Project Planning and Control System for Risk-Based Precast Concrete Procurement to Increase PT. XY’s Competitiveness

Widiasih Widiasih, Fadhilah Muslim — Thu, 28 Nov 2024 05:01:43 +0000

Multi-project planning and control must be part of the precast concrete industry to achieve more efficient project performance and impact obtaining better contract values. It requires a clear and detailed understanding of the project's scope and the risks in project planning. This research aims to analyze the risk factors that influence ongoing multi-project procurement and carry out risk-based development to increase the Competitiveness of PT XY. This research uses a methodology to study related literature, previous research, and PT Company Operational Standards. XY. The results of this study indicate that 7 out of 37 variables have high-risk values, while the remaining 30 are classified as having moderate Risk. The Risk of wage and material price increases represents the highest Risk in developing a multi-project planning and control system for precast concrete procurement to enhance the Competitiveness of PT. XY.

Dispute Resolution Strategies in Construction Projects to Mitigate Impacts on Time Performance – Project Owner's Perspective

Gito Barnado, Rully Andhika Karim — Sat, 30 Nov 2024 00:00:00 +0000

Abstract

Disputes in the global construction industry are increasing every year. This is also in line with what is happening in the Indonesian construction industry. PT. XYZ, one of the pulp and paper producers in Indonesia., was the project owner of 128 construction contracts for the company's production facility development services from 2015 to 2021, had experiencing disputes on 45 of those contracts or 35.2% of the total construction contract services. The trend on time taken to resolve those disputes was observed to be 16.38 months on average, which was considered too long. The delay in handling these disputes will result in losses for both the owner and the contractors. The purpose of this study is to analyze the strategy of selecting dispute resolution methods for each identified cause of disputes in the construction industry in Indonesia. This study has identified 13 causes of disputes and 10 dispute resolution methods in Indonesia. A survey questionnaire that using Pair Comparison Analysis has been sent to professionals in the construction industry in Indonesia, questioning about their preference of dispute resolution method for every cause of dispute. The results of the data analysis show that there is a difference process in the dispute resolution methods for each cause of dispute. Although, Negotiation predominantly first ranks in dispute resolution. Meanwhile, for all causes of disputes, all respondents have an agreement that Arbitration and Litigation are the last methods in dispute resolution method in the construction industry in Indonesia.

Keywords: Disputes; claims; sources of disputes; disputes resolution methods; time taken to resolve disputes, construction industry; Indonesia

Development Strategy Analysis With IFE-EFE-IE Matrix, SWOT Matrix and AHP at PT Putra Morowali Sejahtera

Andreas Sibarani, Rina Djunita Pasaribu — Sat, 30 Nov 2024 06:50:24 +0000

Heavy equipment construction equipment usage activities are used for material handling, excavation, lifting, and other heavy operations. PT PMS currently does not have a strategy to face challenges in the heavy equipment rental business, this causes a lack of maximization of the heavy equipment rental business so that an analysis of internal and external factors is needed to determine a strategy for PT PMS. The purpose of this research is to identify internal (strength and weakness) and external (opportunity and threat) factors using the IFE and EFE approaches and using the IE and SWOT Matrix to determine alternative business strategies that can be recommended to PT PMS to choose the most appropriate business strategy used with Analytical Hierarchy Process (AHP) priorities to develop the heavy equipment rental business. The research method used in this research is qualitative. Qualitative research gets data from interviews with sources and scoring on a matrix based on a list of questions that have been provided. The results showed that the IFE matrix score was 3.03 and the EFE matrix score was 2.43, so that the position of PT Putra Morowali Sejahtera in the IE matrix was in cell IV, namely the growth and build strategy. From the results of the SWOT matrix, the company has 8 alternative strategies. The 8 alternative strategies are then evaluated in the AHP matrix to determine priority or ranking. The recommended strategy for PT Putra Morowali Sejahtera according to the ranking in the AHP matrix is ranking 1 Improving the quality of heavy equipment rental services and increasing the efficiency and effectiveness of operational activities in order to provide services at more competitive prices, ranking 2 Continuous improvement to expand the heavy equipment rental market network and increase operational effectiveness and efficiency, and ranking 3 Increase the capacity of heavy equipment rental units to meet demand for heavy equipment usage. The strategy is expected to contribute to the development of PT Putra Morowali Sejahtera.

The Effect Of Work Competency And Compensation On Teachers' Organizational Commitment

Birmawaslin Panjaitan, M. Ali Musri S, Epi Supriyani Siregar — Sat, 30 Nov 2024 00:00:00 +0000

Commitment to each member of the organization is very important because with a commitment, a member of the organization can be more responsible for his work. This study aims to determine: The Effect of Work Competence and Compensation on Organizational Commitment moderated by Job Satisfaction of Junior High School Teachers in Bandar Pasir Mandoge District. The population of this study was all Junior High School teachers in Bandar Pasir Mandoge District, totaling 79 teachers, while the sample taken from the entire population was 79 people by taking a census sample. Data were collected using a questionnaire filled out by respondents from teachers, then the data was processed using regression analysis. The results of the study showed that: work competence (X1) has a direct positive effect on organizational commitment (Y) shown that = 0.238 and significance> 0.05; compensation (X2) has a direct positive effect on organizational commitment (Y) shown that = 0.337 and significance> 0.05. .