The quality of Indonesian graduates from Technical Vocational Education and Training (TVET) programs is low and does not fulfil industry requirements and competencies. This is occurring since the talents or skills required by the sector differ from those accessible on the demand Hence, developing nations require practical VET systems and dual systems. Indonesia has recently attempted to examine the Dual Vocational Education and Training system in greater detail. This study investigates the challenges encountered by Indonesia throughout the implementation of its dual VET system and how they overcame them to ensure effective delivery. Notably, the primary goal of this literature study was to provide theoretically announced and policy-relevant understandings of the obstacles or challenges that every nation would encounter while establishing a dual system. This study combines empirical survey results from Germany and Switzerland to identify significant challenges and critical success criteria for the transfer. The Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) were used to guide the conduct of a systematic review. The results show that the direct transfer or implementing present multiple challenges and difficulties that comprise Challenges for The Public Sector and The Public-Private. On the other hand, for a successful transfer of VET tight cooperation between all stakeholders and a shared awareness and deeper knowledge of the contextual conditions in the target nation are paramount. Therefore, the question of whether the dual VET system in German or Switzerland can be directly implemented in another country, without first examining specific challenges and difficulties of each context, must be clearly and systematically considered.
<p>A preliminary survey that was conducted shows that in 2013, the turnover rate of employees of PT Indotirta Jaya Abadi reach the number of 9,3%. Turnover intention may lead to a worsening of the employee performance. Therefore, it is necessary to examine the factors affecting turnover intention so that management will be able to push it down.</p><p>To answer the problem, a model is developed for this empirical research with four observed variables, i.e.: job security, organizational commitment, turnover intention, and employee performance. There are five hypotheses proposed in this research. Primary data is obtained by distributing questionnaires to the employees of PT Indotirta Jaya Abadi. There are 128 data to be studied with Structural Equation Modeling Analysis Method.</p><p>The result of the hypotheses test according to the Critical Ratio and the probability value shows that job insecurity has negative significant effects on turnover intention, organizational commitment has negative significant effects on turnover intention, turnover intention has negative significant effects on employee’s performance, job insecurity has positive not significant effects on employee’s performance, and organizational commitment has positive not significant effects on employee’s performance.</p>
The present study explores the social capitals of successful entrepreneurs to insightfully understand how they succeed in their entrepreneur careers by building their social networks and interactively utilizing their social resources. This study uses qualitative research approaches, including interviewing six entrepreneurs and document analyses, which were conducted to understand the major factors facilitating entrepreneurs’ career success insightfully. This study led to the following conclusions: (1) Successful entrepreneurs generally possess social personalities facilitating their interpersonal relationships with the general public; (2) These entrepreneurs proactively develop and maintain social relationships with some significant persons; (3) Successful entrepreneurs generally experience magnificent social involvement; and (4) These entrepreneurs highly concern about community development and public benefits. This study expands on existing literature regarding social capital theories and practices in a realistic world.
AbstrakLatar belakang dilakukannya penelitian ini, adalah karena kondisi ekonomi yang tidak stabil yang menyebabkan fluktuasi kinerja keuangan beberapa perusahaan dan adanya inkonsistensi beberapa penelitian terdahulu. Penelitian ini bertujuan untuk menguji dan menganalisis pengaruh variabel struktur modal dan kebijakan dividen terhadap nilai perusahaan. Diharapkan temuan penelitian dapat memberikan informasi bagi para investor dan kontribusi bagi pengembangan studi mengenai struktur modal, kebijakan dividen dan nilai perusahaan. Dalam penelitian ini diperoleh 11 sampel perusahaan LQ 45 di Bursa Efek Indonesia, dimana metode yang digunakan adalah purposive sampling yaitu penetapan sampel menggunakan kriteria tertentu. Data penelitian yang digunakan adalah data sekunder berupa laporan keuangan yang diperoleh dari Indonesia Stock Exchange dan Indonesia Stock Exchange Statistic. Analisis data menggunakan analisis regresi berganda.Hasil penelitian menunjukkan bahwa secara parsial struktur modal berpengaruh positif terhadap nilai perusahaan (t hitung= 0,214; sig.= 0,831). Variabel kebijakan dividen berpengaruh positif dan signifikan terhadap nilai perusahaan ( t hitung= 4,694; sig.= 0,000). Sedangkan secara simultan menunjukkan bahwa besarnya kemampuan prediksi dari kedua variabel independen dipengaruhi oleh variabel lain diluar penelitian atau persamaan regresi.Kata kunci : nilai perusahaan, struktur modal dan kebijakan dividen, saham LQ 45 di Bursa Efek Indonesia. AbstractThe background of this research is due to unstable economic conditions which caused fluctuations in the financial performance of several companies and the inconsistencies of some previous studies. This study aims to examine and analyze the effect of capital structure variables and dividend policy on firm value. It is expected that research findings can provide information for investors and contribute to the development of studies on capital structure, dividend policy and company value. In this study 11 samples were obtained from LQ 45 companies on the Indonesia Stock Exchange, where the method used was purposive sampling, namely the determination of samples using certain criteria. The research data used is secondary data in the form of financial statements obtained from the Indonesia Stock Exchange and Indonesia Stock Exchange Statistics. Data analysis uses multiple regression analysis. The results of the study show that partially the capital structure has a positive effect on firm value (t count = 0.214; sig. = 0.831). The variable dividend policy has a positive and significant effect on firm value (t count = 4.694; sig. = 0,000). While simultaneously showing that the magnitude of the predictive ability of the two independent variables is influenced by other variables outside the research or regression equation.
The higher rate of Indonesian unemployment than western countries has become an urgent issue that must be addressed immediately. One of the primary reasons is the entrepreneurial shortcomings of Indonesians. This study is conducted to synthetically analyze the empirical experiences of enhancing entrepreneurship in the United States as one of successful western countries. This further understanding will be transformed and applied to Indonesian universities and societies. This study uses literature analysis approaches to find references to relevant theory with the hope that researchers can in-depth understand the experiences and the significant factors facilitating entrepreneurship in the United States. At the end of the study, the authors conclude that entrepreneurship's success in the United States is due to central government support for entrepreneurship. Therefore, the success of entrepreneurship in the United States that can be applied in Indonesia, such as: (1) the Indonesian government must endeavor to oblige all universities in Indonesia to provide entrepreneurship classes, (2) promote entrepreneurship education and make entrepreneurship a priority, (3) implementing entrepreneurship in educational curricula at all levels, starting with preschool; (4) providing educational scholarship facilities for economic and business actors to become entrepreneurs, and (5) providing (people's business credit) with low interest for business.
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