https://journal.formosapublisher.org/index.php/ajma/issue/feedAsian Journal of Management Analytics2024-08-30T03:45:52+00:00Royadmin@formosapublisher.orgOpen Journal Systems<p>The <strong><em> Asian Journal of Management Analytics</em> (AJMA) </strong>is a journal focused on the theory and application of data analytics and its applications in contemporary business, economics, and management disciplines. These disciplines include accounting, finance, management, marketing, economics production/operations management, and supply chain management. The connectivity, interdisciplinary, and interface between data analytics and various business disciplines are of particular interest for this journal. Research methods that are expected to be implemented in this journal include, but are not limited to, empirical research, data analytics, big data analytics, data science, operations research, management science, decision science, and simulation modeling. AJMA journal publishes articles quarterly in January, April, July, and October. </p>https://journal.formosapublisher.org/index.php/ajma/article/view/10031The Role of Brand Image in Mediating the Effect of Brand Ambassador on Purchase Decision of Somethinc Products in Denpasar City2024-07-01T10:31:06+00:00Ni Nyoman Mirah Sri Gandarimirah.gandari20@student.unud.ac.idNi Ketut Seminariktseminari@unud.ac.id<p>The purpose of this study is to examine how the brand image of Somethinc products influences consumers' decisions to buy. Purposive sampling was used in this study, which had 120 respondents and was conducted in Denpasar. Questionnaires were distributed in order to collect data. Path analysis and the Sobel test were then used for analysis. According to the findings, brand ambassadors have a positive and significant impact on decisions about what to buy, and brand image also has a positive and significant impact on decisions about what to buy. Brand image also partially mediates the influence of brand ambassadors on decisions about what to buy. The research's consequences can serve as a reference and reinforce earlier findings.</p>2024-08-01T00:00:00+00:00Copyright (c) 2024 Ni Nyoman Mirah Sri Gandari, Ni Ketut Seminarihttps://journal.formosapublisher.org/index.php/ajma/article/view/9057Applicantion Model of Transparency and Accountability of Regional Government Financial Reporting: It’s Influence on the Level of Regional Government Corruption in Indonesia2024-06-11T03:46:30+00:00Iskandar Samratihkusumastuti@unja.ac.idRatih Kusumastutiiskandar_sam@unja.ac.idMisni Erwatimisni_erwati@unja.ac.id<p>This research aims to empirically analyze the influence of transparency and accountability of local government financial reports (LKPD) on the level of local government corruption. It is important to carry out this research to see that the unqualified opinion (WTP) given by the Financial Audit Agency (BPK) has increased which shows that the presentation of regional government financial reports (LKPD) is getting better, but cases of corruption in government institutions continue to increase every year. The population used in this research is the City/Regency Governments throughout Riau. The type of data used in this research is secondary data. The City Government (Pemkot) that was the sample in this study was selected based on certain criteria (purposive sampling) with the aim of obtaining a sample that met the specified criteria. There are 15 city/district governments in Riau that can be used as samples in this research. The methods used in analyzing this research data are descriptive statistical analysis and inferential statistical analysis. Data processing was carried out using the IBM Statistical Package for Social Science (SPSS) version 25 and Warp PLS application programs. The research results prove that accountability influences the regional corruption index; Transparency influences the regional corruption index. Increasing accountability and transparency in government governance is an important step in efforts to reduce corruption and improve the quality of government in the regions. Concrete actions such as improving financial reporting, strengthening supervision, and increasing public access to government information must be taken to achieve this goal.</p>2024-07-12T00:00:00+00:00Copyright (c) 2024 Iskandar Sam, Ratih Kusumastuti, Misni Erwatihttps://journal.formosapublisher.org/index.php/ajma/article/view/10736The Effect of Organizational Culture and Leadership on Work Quality Mediated by Discipline and Job Satisfaction at the Merauke District Court2024-08-05T09:57:58+00:00Pantas Sinagap9naga@gmail.comJanita S. Melialap9naga@gmail.comWa Ariadip9naga@gmail.com<p>This study aims to determine the effect of organizational culture and leadership, on work quality mediated by work discipline and job satisfaction in the Merauke District Court. The type of research used is quantitative research through comparative causation. The population is 31 people, the sample is taken from all populations. Data collection procedures in the form of questionnaires, interviews, and literature studies. Furthermore, descriptive analysis was carried out. Path Analysis is used to test the direct effect and indirect effect. Based on the direct effect test conducted, the results show that there is an insignificant effect and a significant effect. The results of direct influence testing show that the insignificant influence is organizational culture on job satisfaction, leadership influence on work discipline, organizational culture influence on work quality and leadership influence on work quality. The indirect effect of the research variables that become mediators with significant results shows that work discipline is able to mediate or become an introduction to organizational culture to work quality. Recommendations, to increase job satisfaction at the Merauke District Court Office, it is necessary to strive through norms, habits, traditions in general in doing something in the organization as well as through characteristics as an increase in the capacity of organizational culture.</p>2024-08-24T00:00:00+00:00Copyright (c) 2024 Pantas Sinaga, Janita S. Meliala, Wa Ariadihttps://journal.formosapublisher.org/index.php/ajma/article/view/9935The Influence of Service Quality, Tariff, and Celebrity Endorsers on the Decision to Revisit at Bali Zoo2024-07-01T08:42:04+00:00I Gede Krisna Dwipayanakrisna.dwipayana20@student.unud.ac.idI Gst. A. Kt. Gd. Suasanaagung_suasana@unud.ac.id<p>This study aims to analyze the influence of service quality, tariffs, and celebrity endorsers on the decision to revisit Bali Zoo. Using quantitative data collected from 120 respondents, the research evaluates how these factors impact visitors' decisions. The results indicate that all three factors—service quality, tariffs, and celebrity endorsers—have a positive and significant effect on the decision to visit Bali Zoo. The findings suggest that improving service quality, setting competitive tariffs, and utilizing celebrity endorsers in promotions can enhance the likelihood of visitors returning. The study provides actionable recommendations for Bali Zoo managers, including staff training, pricing adjustments, and strengthening promotional strategies, thereby contributing to a better understanding of consumer behavior and tourism decision-making.</p>2024-07-29T00:00:00+00:00Copyright (c) 2024 I Gede Krisna Dwipayana, I Gst. A. Kt. Gd. Suasanahttps://journal.formosapublisher.org/index.php/ajma/article/view/10378Mapping the Digital Leadership Research Landscape on Industri 4.0: A Bibliometric Analysis2024-07-13T06:22:55+00:00Mardika Prawestrimardikaprawestri2@gmail.comMeika Kurnia Puji Rahayumardikaprawestri2@gmail.comIka Nurul Qamarimardikaprawestri2@gmail.com<p>Digital leadership encompasses a range of skills, actions, and practices that encourage and inspire employees during the process of digital transformation. Digital leadership focuses on innovation and corporate goals in the Industry 4.0 era. Therefore, this study aims to identify research trends on digital leadership in the Industry 4.0 era globally. This research uses a qualitative approach. All data collection and screening procedures in the Scopus database provided the foundation for this research. A total of 92 eligible published articles from 2019 to 2023 were explored and the scientific landscape was further visualised using Scopus and VOSviewer features. The study's results indicate that 2023 will see the highest volume of publications on digital leadership. The United Kingdom and the United States were recognized as the leading contributors to this body of research. The results also show evidence that the network visualisation consists of 7 clusters. The next research topics on digital leadership that provide great opportunities to be studied more deeply in the era of the industrial revolution 4.0 are e-learning, performance, artificial intelligence, digital manufacturing, digital innovation, digital capabilities, digital storage and sustainability.</p>2024-08-02T00:00:00+00:00Copyright (c) 2024 Mardika Prawestri, Meika Kurnia Puji Rahayu, Ika Nurul Qamarihttps://journal.formosapublisher.org/index.php/ajma/article/view/9833The Role of Good Governance for Economic Growth in ASEAN2024-06-14T03:07:17+00:00Baso Aditya Sapanangadityasapanang22@gmail.comRetno Fitriantiadityasapanang22@gmail.comAndry Irawan Yakubadityasapanang22@gmail.comAndi Sopianadityasapanang22@gmail.comHamka Hamkaadityasapanang22@gmail.comA. Nur Fitriantiadityasapanang22@gmail.com<p>The role of the government in implementing Good Governance or effective government management is to strive for the improvement of a country's economic growth towards a better direction. Good governance quality will create efficient market mechanisms, hence promoting sustainable economic growth. The purpose of this study is to analyze the impact of government governance on economic growth in the ASEAN-6 countries. The data in this study is sourced from the Worldwide Governance Indicator provided by the World Bank. Using cross-sectional data from 6 ASEAN countries and time series data over the period 2006-2020. The best model for panel data regression is the Fixed Effect Model (FEM). Based on the findings of this study, it was determined that the variable with no significant impact on economic growth in the 6 ASEAN countries is government effectiveness. Meanwhile, the variables of rule of law, control of corruption, and political stability and lack of violence /terrorism has a significant influence on economic growth in the 6 ASEAN countries.</p>2024-07-29T00:00:00+00:00Copyright (c) 2024 Baso Aditya Sapanang, Retno Fitrianti, Andry Irawan Yakub, Andi Sopian, Hamka Hamka, A. Nur Fitriantihttps://journal.formosapublisher.org/index.php/ajma/article/view/10111The Influence of Safety Leadership Through Safety Behaviour on Work Accident in Can Department of PT. XYZ2024-07-05T09:07:08+00:00Ariesto Christopher Faradicoariestochristopher@gmail.comFetty Poerwita Saryfettyps@telkomuniversity.ac.id<p>PT. XYZ has a worrying rate of work accidents in the canning department. This is not in accordance with the company's target of <em>"Zero Accident"</em>. This finding further shows that <em>safety leadership</em> and <em>safety behaviour</em> in the can department need to be analyzed more deeply. The purpose of this study is to find out the application of <em>safety leadership</em> in the can department of PT. XYZ, knowing the implementation of <em>safety behaviour</em> in the can department of PT. XYZ, knowing about the work accident in the can department of PT. XYZ, knowing the influence of <em>safety leadership</em> on work accidents in the can department of PT. XYZ, knowing the influence of <em>safety behaviour</em> on work accidents in the can department of PT. XYZ, and knowing the influence of <em>safety leadership</em> through <em>safety behavior</em> on work accidents in the can department of PT. XYZ. The method used in the study is quantitative research with the data source being the operators of the can department whose data is collected through a questionnaire. The data obtained will be processed using SEM-PLS. The results of this study found that safety leadership had a significant influence on work accidents with a t-value of 2,233; Safety leadership has a significant influence on safety behavior with a t-value of 2.714; safety behaviour had a significant influence on work accidents with a t-value of 2.112; and safety leadership through safety behavior has a significant influence on work accidents with a t-value of 2.277.</p>2024-08-02T00:00:00+00:00Copyright (c) 2024 Ariesto Christopher Faradicohttps://journal.formosapublisher.org/index.php/ajma/article/view/9662Determinants of Regional Economic Growth in Twenty Provinces in Indonesia Using a Data Panel Approach2024-06-11T03:52:23+00:00A.Nur Fitriantinur.fitrianti@unismuh.ac.idRetno Fitrianti retno_fitrianti@fe.unhas.ac.idAndryirawan Yakub andry.irawan.yakub@gmail.comAndi Sopian andisopian.unm@gmail.comHamka Hamkahamkamasse@ung.ac.idA.Baso Aditya Sapanang adityasapanang22@gmail.com<p>The Western and Central Indonesia Regions are far superior when compared to the Eastern Indonesia Region. This is a result of a number of factors, including variations in development spending, the quantity of balancing funds, population, level of investment in the area, and the region's natural resources. The purpose of this study is to investigate and evaluate the effects of macroeconomic factors, the status of oil-rich regions, and regional government spending on regional economic growth. This analysis employs a static panel and dynamic panel approach (VECM panel). The research uses data from 20 provinces in Indonesia between 2008 and 2018, which includes complete data from 34 provinces. The study's findings demonstrate that long-term (VECM panel) spending on education, agriculture, general allocation funds, population, and foreign investment has a positive impact on regional economic growth, while spending on health, fisheries, and maritime has a negative impact. According to studies conducted using a static panel, foreign direct investment and spending on foreign direct investment, education, agriculture, fisheries, and maritime affairs have a positive impact on regional economic growth, while the General Allocation Fund has a negative impact. Research has demonstrated that the dummy variable representing regional status has a positive impact on regional economic growth. The government ensures that the state budget is allocated more optimally to overcome this problem inequality in obtaining opportunities in the education and health sectors through improvement public infrastructure services.</p>2024-07-22T00:00:00+00:00Copyright (c) 2024 A.Nur Fitrianti, Retno Fitrianti , Andryirawan Yakub , Andi Sopian , Hamka Hamka, A.Baso Aditya Sapanang https://journal.formosapublisher.org/index.php/ajma/article/view/10035The Effect of Implementing an Internal Control System, Implementing Information Technology and Human Resource Competence on the Quality of Financial Reporting (Study of South Aceh Regional Work Unit) 2024-07-01T10:34:14+00:00T. Rahmad JulisaJulisa.t.rahmat@gmail.comMuhammad Arfanarfan_rais@usk.ac.idFazli Syam BZfazlisyambz@usk.ac.id<p>This research seeks to examine how the adoption of an internal control system, the use of information technology, and the competence of human resources impact the quality of financial reporting in the South Aceh District Working Unit (SKPK). The research population included 37 SKPKs, with 111 questionnaires distributed to the Head of SKPK, Expenditure Treasurer, and Financial Administration Officers (PPK-SKPK). The data was analyzed using multiple linear regression with SPSS software. The findings reveal that the implementation of internal control systems, information technology, and human resource competencies has an impact on the quality of financial reporting. Furthermore, both the individual implementation of internal control systems and information technology positively influence the quality of financial reporting.</p>2024-08-01T00:00:00+00:00Copyright (c) 2024 T. Rahmad Julisa, Muhammad Arfan, Fazli Syam BZhttps://journal.formosapublisher.org/index.php/ajma/article/view/9070Determinants of MSME Income in Jambi City 2024-06-11T03:47:01+00:00Misni Erwatimisni_erwati@unja.ac.idLutfi Lutfimisni_erwati@unja.ac.idRatih Kusumastutiratihkusumastuti@unja.ac.idAfriantoni Afriantoniafriantoniuways@gmail.com<p>Income is something matter important point in achieved purpose and sustainability business carried out. This study aim for test aspects influential determinants to MSME income in Jambi City, testing influence of business capital, costs power work, and technology information to Jambi City MSME income. Study This using the primary data obtained through questionnaire to Jambi City MSMEs and the samples used in the research This is 150 respondents with technique taking sample use random sampling method. Analysis techniques in study This are there descriptive statistics and analysis regression multiples using SPSS version 25 software, results study prove that : Business capital, costs power work, and technology information influential to Jambi City MSME income, business capital influential to MSME income. That thing show that the more The higher the business capital owned by MSMEs, the more well as support For get income, Costs power Work influential to city MSME income jambi. That thing show that the more tall cost power work issued by MSMEs should be will support For produce high income, Technology information influential towards Jambi City MSME income. That thing show that the more tall technology information used by MSMEs, then will can support For get high income.</p>2024-07-12T00:00:00+00:00Copyright (c) 2024 Misni Erwati, Lutfi Lutfi, Ratih Kusumastuti, Afriantoni Afriantonihttps://journal.formosapublisher.org/index.php/ajma/article/view/11202AI and HR: Exploring Data-Driven Solutions for Optimizing Human Resource Practices2024-08-30T03:45:52+00:00Satuluri Padmapadmasmba@gmail.com<p>This research seeks to explore the impact of Artificial Intelligence (AI) on Human Resource Management (HRM), with a particular focus on key areas such as recruitment, selection, and employee performance management. The study aims to identify effective AI tools that can be integrated into HR practices, thereby enhancing the efficiency and effectiveness of these processes. By examining how AI can streamline recruitment and selection, the research will offer insights into improving talent acquisition and ensuring better candidate-job fit. Moreover, the study will delve into AI's role in employee performance management, assessing how data-driven insights can optimize performance evaluations, goal setting, and employee development. Through a comprehensive analysis, the research will also address the long-term effects of integrating AI into HRM, particularly in relation to potential challenges and restrictions. The ultimate goal of this research is to provide a roadmap for leveraging AI to improve HR processes and management practices. By understanding the benefits and limitations of AI in HR, organizations can make informed decisions about adopting AI technologies, leading to more effective HR strategies and enhanced overall organizational performance.</p>2024-09-08T00:00:00+00:00Copyright (c) 2024 Satuluri Padmahttps://journal.formosapublisher.org/index.php/ajma/article/view/10029The Influence of Work Culture Motivation, Job Satisfaction on Employee Performance with the Remuneration System as a Moderator Variable of Ibn Khaldun University Bogor2024-07-01T10:27:25+00:00Ajeng Septiantiajengseptianti17@gmail.comIndupurnahayu Indupurnahayuajengseptianti17@gmail.comAmir Tengku Ramlyajengseptianti17@gmail.comEvin Sofiantiajengseptianti17@gmail.com<p>The problems are about employee performance analysis based on motivation, work culture, satisfaction, moderated by the remuneration system. The purpose of the study was to find out the remuneration system affects motivation, culture, and job satisfaction on employee performance at Ibn Khaldun University Bogor. This study uses a quantitative descriptive method. Data collection used a questionnaire with a sample of 90 educator employees at Ibnu Khaldun University Bogor. This analysis uses multiple linear regression. The results of the study were that work motivation had a significant effect on employee performance, work culture had a significant effect on employee performance, job satisfaction did not have a significant effect on employee performance, and work motivation had a significant effect on employee performance after interacting with remuneration variables. Work culture has a significant effect on employee performance after interacting with remuneration variables. Job satisfaction has a significant effect on employee performance after interacting with remuneration variables. The results of this study show that motivation, work culture affect performance, while motivation does not affect employee performance.</p>2024-08-01T00:00:00+00:00Copyright (c) 2024 Ajeng Septianti, Indupurnahayu Indupurnahayu, Amir Tengku Ramly, Evin Sofiantihttps://journal.formosapublisher.org/index.php/ajma/article/view/10610The Analysis of Southeast Asia's Tax Revenue Determinants (Empirical Study 2001–2021)2024-07-29T08:03:10+00:00Risda Liestianti EPrisda.liestianti@gmail.comNurmala Ahmarrisda.liestianti@gmail.comDarmansyah Darmansyahrisda.liestianti@gmail.com<p>The impact of Southeast Asian tax revenue factors on development capital is examined in this study. The aim of the research was to investigate the potential impact of tax revenue factors in the Southeast Asian region. samples and populations from ten Southeast Asian nations: Singapore, Malaysia, Indonesia, Brunei Darussalam, Philippines, Thailand, Vietnam, Laos, Cambodia, Myanmar, and Timor Leste. The study employs time series data spanning from 2001 to 2021. The PLS Structural Equation Modeling (SEM) data analysis technique is used in this work to analyze quantitative data. The study's findings indicate that while external debt has a negative impact on tax collection, per capita income and GDP manufacturing have a beneficial impact. In the meanwhile, tax revenue is unaffected by GDP agriculture, foreign direct investment, or corruption.</p>2024-08-02T00:00:00+00:00Copyright (c) 2024 Risda Liestianti EP, Nurmala Ahmar, Darmansyah Darmansyahhttps://journal.formosapublisher.org/index.php/ajma/article/view/759-768Corporate Social Responsibility Impact on Financial Performance2024-06-20T04:41:26+00:00Bahiira Albasitha Permata Dinda1222300150@surel.untag-sby.ac.idSeptia Wicaksono1222300150@surel.untag-sby.ac.idHwihanus Hwihanus1222300150@surel.untag-sby.ac.id<p>The objective of this research is to explain Corporate Social Responsibility impact on financial performance in international companies. This research is a qualitative approach using secondary data obtained from research results, research reports, and scientific journals. The sampling method uses purposive sampling technique, using a sample of 5 research results. The results showed that Corporate Social Responsibility significantly contributes to the enhancement of a company’s financial success with multiple elements that play an important role in this relationship. Companies that are active in Corporate Social Responsibility tend to have better reporting, thus increasing transparency, reputation, and investment attractiveness that contribute positively to financial performance.</p>2024-07-29T00:00:00+00:00Copyright (c) 2024 Bahiira Albasitha Permata Dinda, Septia Wicaksono, Hwihanus Hwihanushttps://journal.formosapublisher.org/index.php/ajma/article/view/10155The Effect of Leader Member Exchange, Employee Participation in Decision Making, Affective Commitments on Organization Citizenship Behavior on Employees of Automotive Auction Service Companies in West Jakarta2024-07-08T04:27:15+00:00Andreas Wahyu Gunawan Pandreaswg12@trisakti.ac.idSarfliyanti Anggaini Rahayuandreaswg@trisakti.ac.idDeasy Aseantyandreaswg@trisakti.ac.id<p>This research aims to analyze the influence of Leader Member Exchange, Employee Participation in Commitments, Affective Commitments on Organization Citizenship Behavior. The design of this research was carried out through the use of hypothesis testing. This data collection took place cross-sectionally. The data used in the research is primary data and was collected by distributing questionnaires via g-from which were filled in by employees of automotive auction companies. The sample collection method was purposive sampling method of 125 employees. The data processing technique used in this research is testing instruments such as validity and reliability as well as structural equation modeling (SEM) using SPSS and AMOS. The research results show that Leader Member Exchange has a positive effect on Organization Citizenship Behavior, Employee Participation in Commitments has a positive effect on Organization Citizenship Behavior, Affective Commitments has a positive effect on Organization Citizenship Behavior. The managerial implication that can be given to companies is that companies can further improve Organizational Citizenship Behavior among employees through the implementation of Leader Member Exchange, Employee Participation In Commitments, Affective Commitments in carrying out their work.</p>2024-08-02T00:00:00+00:00Copyright (c) 2024 Andreas Wahyu Gunawan P, Sarfliyanti Anggaini Rahayu, Deasy Aseantyhttps://journal.formosapublisher.org/index.php/ajma/article/view/9832Economic Growth, Wages and Education Levels on Labor Absorption in Districts/Cities in South Sulawesi Province2024-06-14T03:06:33+00:00Hamka Hamkahamkamasse@ung.ac.idRetno Fitriantihamkamasse@ung.ac.idAndryirawan Yakubhamkamasse@ung.ac.idAndi Sopianhamkamasse@ung.ac.idA. Baso Aditya Sapananghamkamasse@ung.ac.idA. Nur Fitriantihamkamasse@ung.ac.id<p>An analysis of the impact of economic growth, wages, and education levels on workforce absorption in the regencies and cities of South Sulawesi. The objective of this study is to examine the impact of economic growth, wages, and education level on workforce absorption in regions with low unemployment rates. Additionally, it aims to investigate the influence of economic growth, wages, and education level on employment absorption in regions with high unemployment rates. Furthermore, the study will analyze the sectoral elasticity of the workforce in both low and high unemployment regional groups. This study employs a Panel Regression of Random Effect Model with a Generalized Least Square (GLS) Approach and Elasticity using a five-year panel data from 24 regencies and cities in South Sulawesi. The findings indicate that in the regional group with low unemployment, wages have a positive and significant impact on workforce absorption, while the level of education has a negative and significant impact. In the regional group with high unemployment, both economic growth and educational level have a positive and significant impact on workforce absorption. Additionally, the agricultural sector exhibits the highest workforce elasticity in the regional group with low unemployment, while the trade sector shows high elasticity in the regional group with high unemployment.</p>2024-07-29T00:00:00+00:00Copyright (c) 2024 Hamka Hamka, Retno Fitrianti, Andryirawan Yakub, Andi Sopian, A. Baso Aditya Sapanang, A. Nur Fitriantihttps://journal.formosapublisher.org/index.php/ajma/article/view/10057The Effect of Work Motivation Mediation on the Relationship Between Work Environment and Employee Performance2024-07-01T10:35:59+00:00Feriandy Feriandyferiandy.ferii@gmail.com<p>Enhancing worker productivity is a crucial objective for any kind of firm. Employee performance might benefit from a positive work environment. Studies that particularly focus on the function of work motivation as a mediator in the interaction between the work environment and employee performance are scarce, nevertheless. This study aims to examine the role that work motivation plays as a mediator in the link that exists between the work environment and employee performance.</p> <p>This study uses a quantitative research method with a cross-sectional research design. The data was collected through a questionnaire distributed to employees in company X. With the use of the SPSS software, the gathered data was subsequently examined using a regression test. The study's findings demonstrate that the relationship between employee performance and the work environment is mediated by job motivation. Furthermore, employee performance is positively and significantly impacted by the work environment. An setting that is conducive to work can boost employee motivation, which in turn can enhance performance.</p>2024-08-05T00:00:00+00:00Copyright (c) 2024 Feriandy Feriandyhttps://journal.formosapublisher.org/index.php/ajma/article/view/9619Financial Health Analyze of Building Construction Sub-Sector BUMN Companies on the Indonesian Stock Exchange Period 2020 – 20222024-06-11T03:50:30+00:00Kartika Malika Putrikartikamalika41@gmail.comIskandar Samkartikamalika41@gmail.comWiwik Tiswiyantikartikamalika41@gmail.com<p>This research aims to analyze the financial health of state-owned companies in the building construction sub-sector on the Indonesia Stock Exchange in 2020-2022 using 8 ratios, namely ROE, ROI, Cash Ratio, Current Ratio, Collection Periods, Inventory Turnover, Total Asset Turnover, and TMS to TA . The type of data used in this research is secondary data. This type of research is descriptive research with a quantitative approach. The results of the research show that PT Wijaya Karya received a BB rating in the "LESS HEALTHY" category from 2020-2022, then PT Pembangunan Perumahan in 2020 received a B rating and increased to a BB rating in the "LESS HEALTHY" category during 2021-2022, then PT Adhi Karya in 2020-2021 received a B rating and increased in 2022 to BB with the "LESS HEALTHY" category, then PT Waskita Karya in 2020 obtained a CCC rating with the "NOT HEALTHY" category then in 2021-2022 it increased to a B rating with “LESS HEALTHY” category.</p>2024-08-01T00:00:00+00:00Copyright (c) 2024 Kartika Malika Putri, Iskandar Sam, Wiwik Tiswiyanti