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This study aims to investigate how the financial achievements of Indonesian regional authorities are influenced by capital expenditure and PAD. The study employs the Systematic Literature Review (SLR) methodology. This method is used to ascertain, research, assess, and interpret any surviving studies relating to interesting phenomena using specific relevant research problems. SLRs can be used to find journals and conduct thorough reviews, each procedure adhering to standards or guidelines. In this study, 50 journals were used as references. The study's findings indicate Research findings prove that pure regional revenues provide important benefits regarding regional financial performance. This demonstrates how raising local real income can improve local governments' financial performance in satisfying development and community demands. On the other side, capital spending also significantly improves local governments' financial performance. This means that a rise in capital spending can strengthen the regional development structure and increase the competitiveness of the local economy. This research provides policy implications that “municipal authorities must focus on" pay attention to the diversification of local original income and increase fund distribution for capital investments to support economic growth and community welfare. In addition, this research also indicates the significance of effective and transparent financial management to achieve regional development goals in a sustainable manner.    

Development is one way to create people's welfare. Therefore, the results of development must be able to be enjoyed by all people as a form of increasing physical and spiritual welfare in a fair and equitable manner. To stimulate economic growth and focus investment policies, the government is aggressively creating Special Economic Zones (KEK) in various regions. It is hoped that people can feel the maximum benefits. Batam City has a strategic location, one of which is Rempang Island which has a lot of potential that can be developed, both in the tourism, economic and social sectors. However, there are misunderstandings between local communities and the government, giving rise to quite serious conflicts due to territorial struggles. So there is a need for efforts to protect the rights of people affected by the clearing of land for investment purposes on Rempang Island, Batam, which can be done with preventive efforts, repressive efforts or prosecution efforts. So this research uses normative juridical research methods, namely focusing on the analysis of doctrine, norms and the application of certain legal principles in dealing with certain legal subjects. With a statutory regulation approach and conceptualization method, it uses technical analysis of legal materials to solve frozen problems.

This study aims to analyze the effect of macro fundamentals, capital structure, ownership structure on firm value with profitability as an intervening variable in agri-food companies listed on the Indonesia Stock Exchange from 2014 to 2023. This research uses documentation studies as a data collection technique and for data processing, Smart-PLS (Partiral Lerast Squarers) is used. The results show that capital structure has a significant influence on firm value, while ownership structure does not show a significant influence. In addition, profitability is proven to be an intervening variable that strengthens the relationship between capital structure and firm value, but does not strengthen the relationship between firm size and firm value. These findings provide important implications for the management of Agri-Food companies in making decisions related to financing and ownership strategies to increase firm value.

This study aims to test and analyze the relationship between micro fundamental variability, macro fundamental to firm value, ownership structure, financial performance, and capital structure in Insurance Services Companies listed on the Indonesia Stock Exchange. Population search on 30 financial statements of Insurance Services Companies listed on the Indonesia Stock Exchange. This research method uses purposive sampling with a total sample of 10 companies with the years 2021-2023. The data analysis technique in this study uses Partial Least Square which consists of Inner Model, Outers Model and Weight Relation. The results showed that of the 13 hypotheses made, 3 hypotheses were accepted while 10 hypotheses were rejected. The test results show that 10 indicators have insignificant values.    

The aim of this research is to analyze whether there is an influence of Macro Fundamental Analysis, Micro Fundamental Analysis on Company Value with Capital Structure, Company Characteristics and Financial Performance in Service Companies Listed on the Indonesian Stock Exchange in 2019-2023. This research uses quantitative research and the type of data used is secondary data obtained from the results of annual reports of companies listed on the Indonesia Stock Exchange (BEI) for 2019-2023 through the official website of the Indonesia Stock Exchange and other supporting journals related to this research. . The sample used in this research consisted of 6 financial services companies listed on the Indonesia Stock Exchange, whose data were then analyzed using the Smart-PLS version 4 application. The results of this research show that among the proposed hypotheses there are 7 independent variables that have a positive and significant effect on the variables dependent, while the remaining 6 variables have a negative effect on the dependent variable, namely company value

This study aims to analyze the effect of macro fundamentals, capital structure, ownership structure on firm value with profitability as an intervening variable in agri-food companies listed on the Indonesia Stock Exchange from 2014 to 2023. This research uses documentation studies as a data collection technique and for data processing, Smart-PLS (Partiral Lerast Squarers) is used. The results show that capital structure has a significant influence on firm value, while ownership structure does not show a significant influence. In addition, profitability is proven to be an intervening variable that strengthens the relationship between capital structure and firm value, but does not strengthen the relationship between firm size and firm value. These findings provide important implications for the management of Agri-Food companies in making decisions related to financing and ownership strategies to increase firm value.

By considering the role of intervening variables, such as ownership structure, financial performance, and company characteristics, this study aims to analyze the impact of macro fundamentals, capital structure, and on firm value in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2023 period. The analytical tool used is Smart-PLS and descriptive quantitative methodology. This study states that ownership structure, macro fundamentals, and capital structure insignificantly affect firm value. In addition, an examination of intervening variables reveals that, in contrast to business characteristics, ownership structure and financial performance moderate the relationship between macro fundamentals, capital structure, and firm value. These results imply that macro fundamentals, capital structure, ownership structure, and financial performance should be considered in evaluating firm value. These results highlight the importance of maintaining an ideal capital structure and improving financial performance for firms to increase firm value.    

Penelitian ini bertujuan untuk mengetahui pengaruh faktor fundamental makro dan mikro terhadap nilai perusahaan dengan mempertimbangkan struktur modal, kinerja keuangan, dan karakteristik perusahaan sebagai variabel intermediasi selama periode 2015-2020. Variabel intervening menjelaskan hubungan antara variabel independen dan dependen, dalam hal ini struktur modal, kinerja keuangan, dan karakteristik perusahaan memberikan gambaran tentang bagaimana nilai perusahaan dipengaruhi oleh variabel makroekonomi dan mikroekonomi. Penelitian ini menggunakan metode kuantitatif dengan data yang dikumpulkan dari sumber seperti BPS, laporan keuangan perusahaan, dan idx.com, dan dianalisis menggunakan Structural Equation Modeling PLS 4. Judul penelitian ini adalah "Analisis Fundamental Makro, Fundamental Mikro terhadap Nilai Perusahaan dengan Struktur Modal, Kinerja Keuangan, dan Karakteristik Perusahaan sebagai Variabel Intervening pada Perusahaan yang bergerak di Sektor Makanan dan Minuman Periode 2015-2020". Hasil penelitian menunjukkan bahwa fundamental mikro berpengaruh positif sebesar 0,372 dan signifikan pada level 0,030 terhadap struktur modal, serta berpengaruh positif sebesar 0,455 dan signifikan pada level 0,044 terhadap nilai perusahaan. Selain itu, kinerja keuangan berpengaruh positif sebesar 0,517 dan signifikan pada level 0,002 terhadap nilai perusahaan. Temuan tersebut menunjukkan bahwa faktor fundamental mikro dan kinerja keuangan berperan penting dalam menentukan nilai perusahaan sektor makanan dan minuman selama periode penelitian.

This research investigates the impact of macroeconomic fundamentals on financial performance and capital structure, with earnings management and firm characteristics as intervening variables, focusing on manufacturing companies listed on the Indonesia Stock Exchange. The macroeconomic fundamentals analyzed include inflation, exchange rates, GDP, and interest rates, which are hypothesized to affect stock returns. Capital structure is measured by the debt-to-equity ratio and the debt-to-asset ratio. Financial leverage is gauged using the interest coverage ratio and the debt-to-operating income ratio. Firm characteristics encompass the company's age, the number of board commissioners, the number of directors, and the number of audit committee members. Financial performance is evaluated using indicators such as EBIT, DFL, DOL, DPR, asset turnover, and EPS growth. The research employs a quantitative method with data analysis conducted using Smart PLS. The results indicate that financial leverage significantly influences firm characteristics and capital structure but does not significantly impact financial performance. Macroeconomic fundamentals significantly affect firm characteristics but do not significantly impact financial performance, earnings management, or capital structure. Firm characteristics significantly influence financial performance but not earnings management. Capital structure significantly affects earnings management but does not significantly impact financial performance. This study aims to provide insights for decision-makers to enhance company financial performance through effective management of capital structure and earnings management.

This research was conducted with the aim of analyzing the influence of macro fundamentals, micro fundamentals, on company value with capital structure, financial performancel and company charactelristics in pharmacelultical indulstry companiels listeld on thel Indonelsian stock elxchangel in 2013-2022. This relselarch is relselarch ulsing Smart PLS4-baseld statistical data analysis melthods. Thel melthod ulseld in thel relselarch is a qulantitativel melthod, and thel data collelcteld is selcondary data on indelpelndelnt and delpelndelnt variablels. This data is takeln from financial relports and annulal relports as welll as othelr intelrnelt soulrcels on thel Indonelsia Stock Elxchangel welbsitel, namelly www.idx.co.id. Thel relselarch relsullts show that macro and micro fulndamelntal factors havel a significant influlelncel on company valulel, with capital strulctulrel and financial pelrformancel acting as meldiators that strelngtheln or welakeln this rellationship. Company charactelristics welrel also foulnd to play an important rolel in deltelrmining company valulel, elspelcially in thel contelxt of sizel and produlct divelrsification. Thel implications of this relselarch providel insight for pharmacelultical company managelrs and invelstors relgarding thel importancel of paying attelntion to fulndamelntal factors in making stratelgic delcisions. Thel relsullts of this relselarch also show thel importancel of adaptivel policiels to macroelconomic changels to maintain and increlasel company valulel in thel pharmacelultical indulstry in Indonelsia.

This relselarch aims to ulndelrstand thel factors that influlelncel thel valulel of oil and gas selctor companiels on thel Indonelsia Stock Elxchangel (BElI) for 3 oil and gas companiels in Indonelsia throulgh macro and micro fulndamelntal analysis. This selctor is crulcial for thel elconomy, influlelncing thel coulntry's incomel and elconomic stability. This relselarch involvels intelrvelning variablels sulch as ownelrship strulctulrel, financial pelrformancel, and capital strulctulrel. Thel relsullts of thel PLS-SElM analysis show that ownelrship strulctulrel doels not havel a strong rellationship with financial pelrformancel or company valulel, althoulgh institultional and pulblic ownelrship may havel an influlelncel. Micro fulndamelntals sulch as elxchangel ratels and delbt ratios (DAR and DElR) havel a significant impact; Thel elxchangel ratel has a nelgativel elffelct on financial pelrformancel, whilel a highelr delbt ratio reldulcels company valulel. Financial pelrformancel, melasulreld throulgh ElPS, ROEl, and DAR, grelatly influlelncels company valulel. Bootstrapping analysis shows that ownelrship strulctulrel, macro fulndamelntals and micro fulndamelntals havel a significant elffelct on financial pelrformancel and company valulel. Financial pelrformancel is thel main factor that deltelrminels company valulel. This relselarch elmphasizels thel importancel of stratelgiels to improvel financial pelrformancel and elffelctivel ownelrship managelmelnt to increlasel company valulel in thel Indonelsian oil and gas indulstry. Thel relselarch relsullts providel valulablel insights for company managelrs, invelstors and fultulrel relselarchelrs to delvellop belttelr stratelgiels

This study aims to analyze the effect of ownership structure on financial performance in service companies by considering the role of capital structure, earnings management, and company characteristics as intervening variables. The data used in this study comes from the financial statements of service companies listed on the Indonesia Stock Exchange during a certain period. The analysis tool used is SmartPls. The results showed that ownership structure has a significant influence on the company's financial performance. In addition, capital structure is also found to have an important role as an intervening variable in the relationship. These findings provide important insights for managers and stakeholders in optimizing ownership and capital structure to improve the financial performance of the firm.

This study aims to investigate the influence of macro fundamental variables (such as inflation, interest rates, and exchange rates), micro fundamental variables (such as DER, DPR, DR), as well as capital structure variables, financial performance, and ownership structure as intervening variables on firm value in the mining sector on the Indonesia Stock Exchange. This study uses a quantitative approach with secondary data from the financial statements of mining companies listed on the Indonesia Stock Exchange for the period 2010 to 2019. Data collection is done by random sampling of these companies, and data analysis uses the SmartPls 4 application to test the relationship between the variables studied. The results of this study are expected to provide a deeper understanding of how macroeconomic and microeconomic fundamental factors, as well as capital structure, financial performance, and ownership structure, contribute to firm value in the context of the mining sector in Indonesia. The practical implications of this study are expected to provide guidance to stakeholders, including company management, investors, regulators, and academics, in optimizing investment strategies and decision-making in this highly potential sector. This research can also make a theoretical contribution in expanding the understanding of the factors that influence firm value in the mining sector

A balanced DER can increase company value. Appropriate managerial ownership can increase company value. This research aims to analyze the influence of capital structure with the DER proxy and corporate governance with the managerial ownership proxy both partially and simultaneously on firm value with the MVE proxy in BUKU 4 banking companies that IPO on the IDX for the 2019-2023 period. In this research, quantitative research methods were used. The population used was companies participating in the banking group that conducted an IPO on the IDX from 2019 to 2023. The sampling method used a purposive sampling method so that 6 banks were selected. The research data was processed using the classic Asumi test, multiple linear regression analysis, partial test, simultaneous test, and coefficient of determination test. The results of this study show that the data does not have econometric problems. Partially, DER has a positive and significant effect on MVE as evidenced by t count > t table and significant values ​​< 0.05 or 5,038 > 1,701 and 0.000 < 0.05. Partially, managerial ownership has a positive and significant effect on MVE as evidenced by t count > t table and significant values ​​< 0.05 or 3,105 > 1,701 and 0.004 < 0.05. Simultaneously DER and managerial ownership have a positive and significant effect on MVE as evidenced by calculated f > f table 21,356 > 4,200 and a significant value of 0.000 < 0.005.

Tujuan penelitian ini unutk menjelaskan pengaruh struktur modal, keputusan investasi, kebijakan deviden terhadap nilai perusahaan melalui profitabilitas sebagai variabel intervening. Penelitian ini menggunakan pendekatan kuantitatif untuk mengetahui hubungan antara dua variabel dengan sebab dan akibat. Untuk menganalisis data sekunder, teknik statistik digunakan. Laporan tahunan perusahaan yang terdaftar di Bursa Efek Indonesia dari tahun 2021 hingga 2023 merupakan sumber data sekunder yang digunakan dalam penelitian ini. Laporan tahunan ini memberikan informasi yang diperlukan untuk menganalisis hubungan antara struktur modal, keputusan investasi, kebijakan dividen, nilai perusahaan, profitabilitas. Penelitian ini memanfaatkan alat analisis Smart-PLS 3.0, yang dirancang untuk memprediksi hubungan antar konstruk, mengkonfirmasi teori, dan menjelaskan ada atau tidaknya hubungan antara variabel laten yang tidak dapat diukur secara langsung (Antara et al., 2013). hasil analisis menyimpulkan bahwa Keputusan Investasi berpengaruh positif dan signifikan terhadap Struktur Modal perusahaan, menegaskan pentingnya alokasi dana yang tepat dalam mempengaruhi komposisi modal. Struktur Modal juga berpengaruh positif dan signifikan terhadap Profitabilitas, menunjukkan bahwa pengelolaan utang dan ekuitas yang bijaksana dapat meningkatkan kinerja keuangan. Namun, tidak terdapat hubungan signifikan antara Keputusan Investasi atau Kebijakan Deviden dengan Profitabilitas, serta antara Struktur Modal, Keputusan Investasi, Kebijakan Deviden, atau Profitabilitas dengan Nilai Perusahaan.

This study aims to investigate the effect of macro fundamental analysis and ownership structure on firm value in the context of automotive subsector companies listed on the Indonesia Stock Exchange in 2018-2022. This study also identifies capital structure and financial performance as intervening variables that mediate the correlation between the independent variables (macro fundamental analysis and ownership structure) and the dependent variable (firm value). This study utilizes a quantitative approach with secondary data obtained from company financial statements and Indonesian macroeconomic data. The analysis method uses Smart PLS (Partial Least Squares). The results of this study indicate that macro fundamental analysis and ownership structure have a significant influence on firm value through capital structure and financial performance. The implication of this study is the importance of effective management of these factors to increase firm value in the long run.

This research aims to examine working capital and sales both partially and simultaneously on net profit in Food and Beverages companies listed on the IDX in 2020-2022. Working capital and sales are used as independent variables, while net profit is used as the dependent variable. This research uses a quantitative type of research. The data used is secondary data. Statistical data analysis techniques using SPSS (Statistical Package For Social Sciences) 22 for Windows program tools, namely multiple linear regression analysis. The results of this research show that partially working capital has a significant effect and partially sales does not have a significant effect on net profit. And working capital and sales simultaneously influence net profit.

This research aims to determine the influence of land area, capital and labor on the income of pineapple farmers in Central Panai District, Labuhan Batu Regency. Sample used was 95 respondents. The data collection techniques used were observation, interviews and questionnaires. The data analysis technique used is a multiple linear regression model and hypothesis testing using the t test, F test and coefficient of determination. Previously the data had been tested using validity tests, reliability tests and classical assumption tests. Data processing uses the SPSS 16.0 for Windows program. The results show that land area has a significant effect on the income of pineapple farmers in Panai Tengah District, Labuhanbatu Regency, Capital has a significant effect on the income of pineapple farmers in Panai Tengah District, Labuhanbatu Regency, Labor has a significant effect on the income of pineapple farmers in Panai Tengah District, Labuhanbatu Regency, Luas Land, Capital and Labor have a significant influence on the income of pineapple farmers in Panai Tengah District, Labuhanbatu Regency.

This research aims to analyze the influence of Regional Original Income (PAD), Special Allocation Funds (DAK), and General Allocation Funds (DAU) on the allocation of capital expenditure budgets on the island of Java. Capital expenditure is an important component in regional budgets that contributes directly to infrastructure development and improving public services. This study uses panel data from districts/cities on Java Island during the 2015-2020 period. The analytical method used is panel data regression with a fixed effects model (FEM) approach to identify the influence of independent variables on the dependent variable. The research results show that PAD has a positive and significant influence on capital expenditure. This indicates that regions with higher PAD tend to allocate more budget for capital expenditure. Meanwhile, DAK also has a positive and significant effect on capital expenditure, which shows that funds specifically allocated by the central government have succeeded in increasing investment in fixed assets in the regions. On the other hand, DAU was found to have a negative but insignificant effect on capital expenditure, indicating that general funds received from the central government did not directly encourage an increase in capital expenditure. This research provides important implications for regional policy makers in increasing PAD and utilizing transfer funds from the central government more effectively to accelerate the development of infrastructure and public services. Apart from that, the results of this research can also be a reference for further research in the field of regional finance and public budget management.  

Indonesia and China are two countries with rapidly developing economies in Southeast Asia. These two countries have great potential to attract foreign investment. However, there are differences in investment and foreign investment regulations in the two countries. This research aims to compare investment and foreign investment laws in Indonesia and China. This research uses normative legal research methods with a comparative approach. Research data was obtained from literature studies, namely laws, government regulations and other related literature. The research results show that there are similarities and differences in foreign investment and investment regulations in Indonesia and China. Similarities include, recognition of the rights of foreign investors; providing incentives for foreign investors; and resolving investment disputes. The differences include the subject of investment, business fields open to foreign investment, investment requirements. From this research, researchers can draw the title, namely Comparison of investment law and foreign investment in Indonesia and China