PENGARUH KEBIJAKAN OPERASIONAL DAN KEPUTUSAN PENDANAAN TERHADAP KUNERJA KEUANGAN PADA PT ALBA PUTRA JOMBANG
Article Sidebar
Main Article Content
Abstract
The aims of this study is to examine the financial performance in PT Alba Putra Jombang Resident. This study used data from financial statement of the PT Alba Putra Jombang Resident this study also used 36 month financial statement as the sample. Field research was applied, data collection uses documentation technique. There is one statistical analysis used in this study, that is double regression linier with SPPS software. This study is used to analyse three variables, those are Operational Policy, Capital structure and financial performance..
The result of this study found that operational Policy and capital structure influence to financial performance of the firm during 2013 – 2015. The result also show that financial structure influence financial performance more than operational Policy is influencing financial performance.
Article Details
References
Berndt,1991 dalam Hitt, Brynjolfsson, (1996), Financial Theory and Operation Corporate Policy, Eight Edition, Tokyo: The Dryen Press, CBS Publising.
Brigham & Daves, 2007, Intermediate Finance Management 8/e, South Western England.
Brealey, A. Richard, Stewart C. Myers, 1996, Principles of Corporate Finance, USA: Mc. Graw Hill. Inc.
Brealey & Myers (2003), Intermediate Finance Management 8/e, South Western England.
Gaver & Gaver, 2004, Financial Statement Analysis, Theory, Aplication and interpretation, First Edition, Homewood, liIinois:Richard D. Irwin Inc.
Harris, M., Raviv, A., 1991. The theory of capital structure. Journal of Finance 46, 297–355, March .
Homaifar G, Zietz J. dan benkato O, 2004, An Empirical Model Of Capital Structure : Some New Evidence, Journal of Business Finance and Accounting, 21(1), pp. 1-14.
Husnan, Suad, Marwan Asri, Eduardus Tandelilin & Mamduh M Hanafi, Bunga Rampai Kajian Teori Keuangan, In Memoriam, Prof Dr Bambang Riyanto, 2002, BPFE Yogjakarta.
Joliet D’Souza, William Magginson, robeert Nash, 2001, Journal of Economic, The University of Oklahoma.
Kallapur, Sanjay and Mark A. TroumbIey,2004, The Association Between investment Opportunity Set Proxyes And realized Growth, Journal of Business Finance and Accounting, Vol. 12 No.3. p.505-519.
Kaplan (1998), The elects of management buyouts on operating perfonnance and value. Journal of Financial Economics 24, 217}254
Megginson, W.L., Nash, R.C., Netter, J.M., Schwartz, A.L., 1998., The long-run return to investors in share issue privatizations. Mimeo, University of Georgia.
Meyers & Smith (1998), Muitivariat Dare Analysis, Fourth Edition, New jersey, Prentice Hall.
Perotti, E.C., Huibers, F., 2008. The performance of privatization stocks in emerging markets: The role of political risk. Advances in Financial Economics (in press).
Sadalia, Isfenti 2006,Pengaruh Leverage Keuangan Dan kebijakan operasional Terhadap Risiko Sistematis Dan keputusan Hedging Serta Kinerja keuangan Manufaktur terbuka Di Indonesia, Surabaya: Disertasi.
Shapiro, 2012, Financial and business Journal, New jersey, Vol 7 No2, 113-119.
Siegel & Marconi. 1999, Corporate Finance Theory and Practice, John Wiley & Sons, inc.
Singarimbun, 2005, Quantitative Methods for economic, First Edition, Duta Pustaka.Yogjakarta
Smith .Jr., Clifford W. & Ross L- Watts, 2004, The investment Opportunity Set and Corporate Financing, Divident, and Compensation Policies, Journal of Financial Economics, Vol 9, No. 11, p. 192-263.
Solimun, 2006, Structural Equation Modeling Lisrel Dan Amos,Fakultas Mipa Unibraw Malang.
Tambunan, 2010, Pengaruh Kepemilikan Manajerial terhadap kebijakan Hutang, Risiko, peluang pertumbuhan Dan kemampulabaan Organisasi terbuka Pada industri Manufaktur Di Indonesia, Surabaya: Disertasi.
Shaw, T.N. (2008). A Discriminant Model for Assessment of Prospective Entrepreneurs for Financing and Success of Entrepreneurial Venture. Journal of Asia Entrepreneurship and Sustainability. 4(1): 69-82