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This research about influence motivation toward interest of woman to invest in capital market with knowledge and age as moderate variable. This research has purpose to get information to the investments manager or the company investments about something that can make woman interesting to investment to capital market. Age and deeper knowledge about investment at capital market as moderat variable be needed can predict risk and return from investment that have chosen. To collect data, this thesis use questionnaire metode. This questionnaire has been examined validity and reliabilitry early. Testing of validity use product moment correlation metode, while testing of reliability use Cronbach’s Alpha metode. In data analyze, this thesis use moderate regression metode. From this research has been know that social motivation have relationshif with interesting of woman to invest in capital market, with age of that woman.

PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN

ABSTRACT

The purpose of this research is to test empirically the relationship between Good Corporate Governance mechanism such as the board of commissioners’ (BOC) independency, the number of BOC members, the existence of audit committee, index of corporate governance implementation and corporate performance, which is reflected in Price to Book Value (PBV) as the proxy of corporate market value. This research uses 43 firm-years of public companies listed in CGPI (Corporate Governance Perception Index) 2004-2006 for the samples. The statistical method being used is multiple regression analysis.

The result shows that the proportion of independent commissioners has negative-significant influence and audit committee existence has positive-significant correlation to the firm’s market value. But there is no significant relationship between the BOC’s size and the firm’s market value.

Key words : Independent Commissioners, Board Of Commissioner’s Size, Audit Committee, PBV.

ECONOMIC VALUE ADDED DAN MARKET VALUE ADDED PERUSAHAAN YANG TERDIVERSIFIKASI DENGAN ADANYA TOTAL KOMPENSASI EKSEKUTIF

Abstract
Ths study uses theoritical considertion to empirically the effect of diversification strategies, leverage, and firm size to economic and market value adder of firm. The population used was the public manufacture companies listed in the Indonesia Stock Exchange (IDX). Purposive sampling methode is used to selected sample and there were 34 companies which have to be sample of research. Moderat regression was used to test hypothesis. Data was collected by secondary methode from notes of financial statement and SWA Magazine.
This study show that level of diversification of bussiness have not effect to economic and market value added of firm. Level of diversification have effect to economic and market value added if used executive compensation as moderat varible.
Keyword: Diversification, EVA, MVA and executive compensation.

PENGARUH HARGA SAHAM DAN PERTUMBUHAN PERUSAHAAN TERHADAP TOTAL KOMPENSASI EKSEKUTIF

Susi Suryani, S.E

Kusmawati, S.E., M.Si.

This research tries to find out the influence of stock prices and company growth to executive compensation. We uses purposive sampling method, namely banking firms listed in Jakarta Stock Exchange (JSX) at 2002-2005. The results show that stock prices and company growth have a positive significant influence to executive compensation.

Key words: stock prices, executive compensation, and company growth.

ANALISIS SISTEM KEAGENAN PADA  SISTEM BAGI HASIL PERTANIAN

STUDI KASUS PADA PERJANJIAN PENGOLAHAN LAHAN

ANTARA PEMILIK A  DAN PENGGARAP  B

DI KABUPATEN KUNINGAN JAWA BARAT

Abstract

A principal-agent model, called agency theory, exist when someone or more assigned  a proposal of project with another party. A landlord can ask someone else (such as farmer) to manage his farm, without any interruption. This research is aim to explore how a farmer distribute their cost or revenue, and how the theory works. This research used a descriptive approach, to describe an application of income distribution between a landlord and a farmer in Kuningan Regency West Java. From the analysis, we conclude that income distribution between them was an applicaton of an agency theory.

Key words:  Farmer, landlord, agency theory, and  income distribution.

Rancangan UU perseroan yang didalamnya terdapat kewajiban untuk menyajikan laporan pertanggung jawaban sosial masih mendapat tanggapan yang pro dan kontra. Yang setuju menganggap bahwa memang sudah saatnya didalam kondisi perekonomian yang sulit ini, perusahaan perusahaan yang sudah menikmati keuntungan berbagi kepada masyarakat dan negara. Walaupun secara jangka pendek, kegiatan sosial perusahaan merupakan biaya, akan tetapi secara jangka panjang akan memberikan keuntungan bagi perusahaan, contohnya akan membangun citra perusahaan yang lebih dikenal dengan istilah citizen brand. Sehingga CSR ini lebih dianggap sebagai investasi daripada sebagai biaya dan sudah selayaknya menjadi bagian dari strategi perusahaan.

Yang tidak setuju menganggap bahwa kewajiban menyajikan laporan CSR hanya akan menimbulkan ekonomi biaya tinggi, karena tidak semua perusahaan mampu melakukannya. bahkan ada pendapat lagi yang mengatakan bahwa dengan kewajiban ini, maka opini tentang peningkatan biaya dengan adanya CSR akan semakin kuat, yang berakibat akan menurunkan laba yang dibagikan kepada pemilik modal, dan pada akhirnya akan menurunkan minat para investor untuk berinvestasi, terutama investor asing.

Dengan adanya pertentangan pendapat dan pertentangnan hasil penelitian tentang pentingnya praktek dan pelaporan pertanggungjawaban sosial perusahaan, maka bagaimana manfaat  kegiatan CSR bagi kinerja keuangan perusahaan baik dalam jangka pendek maupun jangka panjang.

Abstract

This study uses theoritical consideration to empirically the effect of managerial ownership interaction between  diversification strategies and performance of firm. This study have benefit for managements of the firm, investors, and researchers.

The population used was the public manufacture companies listed in the Indonesia Stock Exchange (IDX). Purposive sampling methode is used to selected sample and there were 34 companies which have to be sample of research. Moderat regression was used to test hypothesis. Data was collected by secondary methode from Jakarta Stock Exchange. Moderating linier regretion are used to analysis data after used clasical assumtion test.

This study show that level of diversification of bussiness have not effect to economic and market value added of firm. Level of diversification have effect to  economic and market value added if used executive compensation as moderat varible.

Keyword: Diversification strategy, Managerial Ownership, and Performance of firm,