Indonesia, through Presidential Regulation No. 18 of 2007, Indonesia's annual economic development goals are directed to encourage economic growth in order to expand employment and reduce poverty. With implications for income equity, zakat has a strategic potential that is feasible to be developed into one of the instruments of income distribution in Indonesia. Based on data collection and distribution of funds of the Zakat Management Organization below, in 2015, the total fund collection experienced a growth of 10.62% compared to 2014. This study will discuss discussing the related Strategy Model for Increasing the Potential of Zakat through Crowdfunding-Zakat System for poverty alleviation in Indonesia. Abdullah (2015) in his research developed a new methodology to measure poverty alleviation in Pakistan, focusing on consumption / expenditure of poor households for basic needs, government expenditure in terms of zakat and the number of recipients of zakat as the three main determinants. In Syafiq (2014) the realization of the prospect of zakat in the modern economy must also be supported by the management of zakat management organizations in a modern way, meaning that in the fundraising strategy, and the distribution must follow modern management and strategy as a company in achieving its target. Thaker and Pitchay (2018) through their research revealed that crowdfunding model is used to raise funds to develop Waqf land in Malaysia where in their research they propose a sustainable model that can overcome liquidity problems faced by Waqf institutions in developing Waqf land. Using qualitative research methods with a literature study approach. With the crowdfinding-zakat system, it provides convenience in the collection of zakat funds from the wider community in line with several regions in Indonesia that show the potential and positive impact on income distribution.
The company's goal is to achieve maximum profit, through earning power, which is marked by increased profit margins and total assets turn over. The company's operations must be able to produce sales units as high as each unit of company assets, on the other hand each sales unit must be able to produce operating profits as high as high. In addition to the concept of maximum profit the company must be able to achieve high efficiency through the concept of profitability. High efficiency can be measured by the concept of profitability, namely by comparing the amount of net income generated by using company capital. With high profitability, it is hoped that company synergy can be achieved.
This study aims to determine and analyze the effect of Profitability, Solvency, Liquidity, Activity, and Firm Size on firm value in food and beverage companies listed on the Indonesia Stock Exchange for the 2016-2020 period. The method used is purposive sampling method and obtained as many as 15 companies. The technique used in this research is multiple linear regression analysis and uses quantitative data. Based on the research results show that: 1) Profitability has a significant positive effect on firm value; 2) Solvency has a significant positive effect on firm value; 3) Liquidity has a significant positive effect on firm value; 4) Activities have a significant positive effect on firm value; 5) Firm size has a significant positive effect on firm value; 6) Profitability, Solvency, Liquidity, Activity, and Firm Size together have a significant positive effect on firm value.
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