Penelitian ini bertujuan untuk mengetahui tingkat efektifitas pengelolaan modal kerja serta pengaruh modal kerja terhadap laba usaha pada UMKM took roti khususnya Toko Roti Fadilah yang terdapat di Jalan Raya Tlogomas Malang. Dalam penelitian ini metode yang digunakan yaitu penelitian kuantitatif dengan pendekatan deskriptif. Populasi dan sampel dalam penelitian ini yaitu laporan keuangan selama lima periode dari tahun 2013 – 2017.Pengumpulan data berbentuk dokumentasi dari laporan keuangan pada UMKM Toko Roti Fadilah. Penelitian ini menunjukan bahwa modal kerja sangat berpengaruh secara signifikan terhadap laba usaha hal tersebut dibuktikan bahwa semakin banyak modal yang digunakan untuk produksi maka semakin tinggi pula hasil produksinya sehingga hal tersebut dapat meningkatkan laba uahanya.

Staf Pengajar Program Studi Manajemen Fakultas Ekonomi Universitas Tribhuwana Tunggadewi 2) Mahasiswa Program Studi Manajemen Fakultas Ekonomi Universitas Tribhuwana Tunggadewi ABSTRAKKinerja keuangan merupakan gambaran umum prestasi yang dicapai perusahaan Bachri Darmo dalam kegiatan operasionalnya baik menyangkut aspek kuangan, pemasaran, penghimpunan dana dan penyaluran dana. Tindakan untuk mengetahui kinerja keuangan diketahui dari berbagai perhitungan rasio seperti likuiditas, profitabilitas dan aktiva. Tujuan untuk mengetahui kinerja Keuangan pada perusahaan tersebut melalui analisis rasio likuiditas, rasio profitabilitas dan rasio aktiva.Penelitian yang dilakukan merupakan penelitian dengan mengunakan metode deskriptif kuantitatif. Data penelitian menggunakan laporan keuangan Perusahaan Bachri Darmo Kota Malang periode 2014-2016. Teknik pengumpulan data yang digunakan oleh peneliti adalah dokumentasi. Metode analisa data yang di gunakan adalah deskriptif dan rasio keuangan.Hasil penelitian membuktikan bahwa kinerja keuangan perusahaan Bachri Darmo Kota Malang dalam keadaan baik karena nilai likuiditas perusahaan berdasarkan current ratio cukup tinggi untuk membayar utang, nilai Return On Assets (ROA) cukup tinggi, Rasio Lancar (Current Ratio) cukup tinggi dan nilai Asset Trun Over (ATO) tinggi. Perusahaan diharapkan menjaga kinerja keuangan yang baik sehingga mampu mengetahui kesehatan usaha yang bertujuan untuk pengambilan keputusan.

The “objective of this study is to investigate the effect of profitability on firm value with intellectual capital as an intervening variable in manufacturing companies listed on the Indonesia Stock Exchange. The population are manufacturing companies that have published Corporate Governance Reports until 2018. However, some companies do not publish regularly during the observation period from 2012 to 2018. This study uses population requirements, companies do not issue Corporate Governance Reports for a maximum of 1 year. In order to obtain a population of 14 companies, all of which were used as research samples (saturated samples) with 98 observations. The analysis method used path analysis. The results demonstrated that profitability has a direct effect on firm value and profitability has an indirect effect on firm value. Intellectual capital acts as a mediating variable in this relationship. The increase in intellectual capital has an impact on increasing the value of the company. In addition, profitability can improve company performance and corporate image internally and externally, thereby increasing investor confidence, and companies have the opportunity to increase intellectual capital. The increase in intellectual capital has an impact on increasing the value of the” company.

This analysis shown that about company size to firm value and intellectual capital as an intervening variables. This research was used with quantitative methods with conceptual frameworks. Some part of this research is available in Indonesia Stock Exchange registered with companies. There are many things that company can maximize their value such as welfare for labor, profitability, and corporate governance to firm value. Moreover, the intellectual capital is a reflection like uniqueness as a firm value and increase share price in Indonesia Stock Exchange in companies. Additionally, this research can get decision to estimate a results for company values in the future.

The purpose of this study was to find out the use of village fund allocation in supporting community empowerment, community empowerment strategies and knowing the results of community empowerment through Alokasi Dana Desa in an effort to improve community welfare. This research departs from the framework of thinking that empowerment is a process and purpose in improving people’s walfare. Based of the theory according to Edi Suharto the empowerment process through several stages including determining funding sources, funding sources and empowerment is an inseparable thing. The research method used is a descriptive method with a qualitative appoarch as a problem solving procedure that is examined by discrimbing the actual state of the object of research. While the findings say that community empowerment through Alokasi Dana Desa can improve people’s welfare because the source of funding and empowerment are inseparable because something cannot be empowerment without funds. Therefore, this funding source becomes an important part of the empowerment process.