Business Innovation Management and Entrepreneurship Journal

Assessing the Relationship Between Financial Ratios, Dividend Policy, and Stock Prices in Indonesia’s Pharmaceutical Industry

Veny Christina Pudjianto — 2024-10-31

Pharmaceutical firms' performance has been optimized because of the rise of health conditions such as pediatric kidney failure, Acute Respiratory Infections, and the COVID-19 epidemic in recent years. Changes in pharmaceutical stock prices indicate market responses to the company's performance and policies. Financial reports can be used to evaluate a company's performance by calculating financial ratios like liquidity, profitability, and solvency ratios. This research quantitatively studies the associative type to determine the relationships between variables. The study sample includes 35 pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) from 2017 to 2022. According to this research, stock prices are not influenced by profitability or liquidity. Solvency and dividend policy influence stock prices. This research also indicates that liquidity, profitability, and solvency do not influence dividend policy. Research indicates that the impact of liquidity, profitability, and solvency on stock prices cannot be mitigated by dividend policy. The company can effectively manage its capital structure and dividend policy in order to build and maintain shareholder trust because it is a consideration for shareholders when investing capital in the company.

The Impact of E-Service Quality on E-Loyalty among Indonesian Sharia Bank Customers Using BSI Mobile through the Mediation of E-Trust and E-Satisfaction

Hesti Weningtyas — 2024-10-31

Nowadays, electronic services are common in all industries, including banking. Electronic services are one of the most essential ways to build loyalty among bank customers. The goal of this study is to look at how e-service quality influences e-loyalty in Bank Syariah Indonesia clients who utilize BSI Mobile, with e-trust and e-satisfaction serving as mediators. Using a purposive sampling technique, the population of this study was made up of active BSI Mobile users for at least six months. Three hundred people qualified for the study’s sample. This study’s data was analyzed using SEM-PLS. According to the findings, e-loyalty is positively and significantly influenced by e-service quality. E-trust and e-satisfaction have a significant impact on loyalty as well. Furthermore, e-trust and e-satisfaction are strongly influenced by e-service quality. E-trust and e-satisfaction serve as intermediaries between e-service quality and e-loyalty. In the future, researchers may do analogous studies by developing fresh viewpoints on the quality of e-service, particularly those relating to Islamic services, and by integrating interview techniques to probe deeper into the information source data.

Do Motivation and Knowledge Sharing Influence the Work Productivity in Sanan Tempe Chips Industry Center Malang?

Devi Dzumirotin Rahmatika — 2024-10-31

Work productivity is an increasingly hot topic of discussion, especially with the rapid development of technology and changes in the world of work. Therefore, this study aims to analyze the effect of motivation and knowledge sharing on work productivity with the mediating role of organizational commitment. This study involved all 102 employees at the Sanan Tempe Chips Industry Center Malang as the population, with a total sampling technique. Data were collected through questionnaires and analyzed using the SEM method with SmartPLS. The results showed that motivation significantly affects work productivity and organizational commitment. Knowledge sharing also has a positive impact on work productivity and organizational commitment. In addition, organizational commitment has a significant influence on work productivity. Other findings show that organizational commitment mediates the effect of motivation and knowledge sharing on work productivity. The implications of this study emphasize the importance of improving motivation and knowledge-sharing practices to strengthen organizational commitment, which in turn can increase work productivity. Managers can focus on training programs and strategies to increase employee motivation and improve organizational performance and commitment.

The Effect of Asset Structure, Asset Growth, and Sales Growth on The Capital Structure

Nur Padillah — 2024-10-31

The optimal capital structure is the balance of debt and equity by maximizing the company’s value through prudent investment efforts and improving the financial and operational performance of each business organization or company. This study aims to analyze the effect of asset structure, asset growth, and sales growth on the capital structure of consumer goods companies listed on the Indonesia Stock Exchange in 2018-2022. The population in this study includes 46 consumer goods companies listed on the Indonesian Stock Exchange in 2018-2022. The sample used after purposive sampling was 23 companies. Analysis methods used in this study using multiple linear regression with IBM SPSS Statistics version 26 software. The data analysis results show that asset structure and sales growth positively and significantly affect capital structure. In contrast, asset growth has a negative and insignificant effect on capital structure. The company must leverage these factors to improve its capital structure.