PT Garuda Research Articles

Analisis Rasio Likuiditas, Solvabilitas, dan Profitabilitas PT. Garuda Indonesia Persero Tbk Sebelum dan Setelah Penerapan PSAK 73

Leasing is an agreement between the lessor (leasing company) and the lessee (customer) in which the lessor provides goods with the right to use by the lessee in exchange for rental payments for a certain period. PSAK 73, which was established in 2020, regulates the recognition, measurement, presentation and spread of rent, especially for lessee. PSAK 73 only allows lessees to classify leases as finance leases so that assets and liabilities from lease transactions are recognized in the statement of financial position, with offers for short-term leases and leases with low-based assets. The aim of this research is to find out how the implementation of PSAK 73 regarding rent has an impact on the financial performance of PT Garuda Indonesia (Persero) Tbk. This research uses financial ratio analysis Current Ratio, Debt to Asset Ratio, Debt to Equity Ratio, and Return On Asset Ratio

Pengaruh Perceived Value, Service Quality dan Brand Image Terhadap Minat Beli Tiket Pesawat pada PT Garuda Indonesia

This research was conducted to determine the influence of perceived value, service quality and brand image on the interest in buying air tickets at PT Garuda Indonesia. The population in this study is all customers who purchase Garuda Indonesia flight tickets in the city of Palembang in 2024. The sample used in this study was 100 respondents using the purposive sampling method. The results of multiple linear regression analysis show that perceived value, service quality and brand image have a positive and significant effect on buying interest. Perceived value, it is expected for PT Garuda Indonesia to be able to accelerate the duration of the process of refunding funds to consumers. Service quality, it is hoped that PT Garuda Indonesia will provide information to consumers if there is a change in information. Brand image, it is hoped that PT Garuda Indonesia can consider conducting events such as exhibitions which also need to be carried out in several cities in Indonesia.

Analisis Perusahaan PT Garuda Food Putra Putri Jaya Tbk

This study aims to analyze the company's strategy of PT Garuda Food Putra Putri Jaya Tbk in facing the dynamics of the food and beverage industry in Indonesia. Using matrix analysis methods such as SPACE, BCG, IE, and Grand Strategy Matrix, the study found that companies implement aggressive strategies that take advantage of internal strengths such as product diversification and extensive distribution networks. In addition, the company is also taking advantage of the industry's growth and increasing consumer awareness of health. The results of the study also show the importance of risk management faced by companies. Strategy recommendations include vertical integration, market development, and product development, in order to strengthen the company's position and achieve sustainable growth in a competitive market.

Komite Audit, Kualitas Audit dan Audit Tenure dalam Meningkatkan Kekuatan Integritas Laporan Keuangan: Studi Empiris pada Perusahaan BUMN Tahun 2021-2023

This research focuses on state-owned companies in 2021-2023 to evaluate the role of the audit committee, audit quality, and auditor tenure to improve the integrity of financial reports. The integrity of financial reports is a crucial aspect in business and finance because reliable and accurate reports are the basis for stakeholders in making economic decisions. This study was motivated by several cases in state-owned companies, such as PT Garuda Indonesia and PT Asuransi Jiwasraya, which showed dishonesty in financial reporting. This analysis is aimed at assessing the professionalism of the audit committee and the independent monitoring system on the performance taken for this research is secondary. With analysis tools using SPSS version 25. management to produce quality audits. Data a The research methodology involves analyzing data from 36 samples of state-owned companies using classic assumption tests, such as normality tests, multicollinearity tests, autocorrelation tests, and heteroscedasticity tests. The results of the analysis state that the audit committee variable, audit quality has a significant impact on the integrity of financial reports and audit tenure has no significant effect on the integrity of financial reports. The contribution of this analysis is the importance of the audit committee's role in improving the integrity of financial reports as reflected in effectiveness in a transparent and accountable manner, the selection of auditors who have a reputation and high competence ensures reliable financial reports, provides insight into the impact of long-term relationships between auditors and clients on the integrity of financial reports.

The Effect Of Market Segmentation And Product Distribution On Product Sales Volume PT. Garuda Mas Perkasa Medan

This research aims to determine and analyze the effect of market segmentation and product distribution on sales volume at PT Garuda Mas Perkasa Medan. The type of research in this study is quantitative with an associative approach. The population of this study were employees of PT Garuda Mas Perkasa Medan. The sample selection method uses saturated sampling, the number of samples used is 50 sample data. Before conducting research, first test the instrument with validity test and reliability test. Prerequisite test analysis includes normality test, multicollinearity test and heteroscedasticity test. The data analysis method uses multiple linear regression. The results of this study are in accordance with the first hypothesis, that market segmentation affects sales volume. This can be seen from the test results which show that the value of 3.915 is greater than 2.010 with a significance value of 0.000 less than 0.05. The results of this study are in accordance with the second hypothesis, that product distribution has an effect on sales volume. This can be seen from the test results which show that the value of 3.580 is greater than 2.010 with a significance value of 0.000 smaller than 0.05. The results of the study are in accordance with the third hypothesis, that market segmentation and product distribution simultaneously affect sales volume. This can be seen from the F test which shows a significance value smaller than 0.05, which is 0.000. Then Fcount> Ftable (26.845> 3.190).

Penerapan Strategic Approach Pada Kegiatan Company Visit PT. Garuda Maintenance Facility Aero Asia Tbk

PT Garuda Maintenance Facility Aero Asia Tbk (GMF) is a company engaged in aircraft maintenance, repair and overhaul (MRO). GMF has a business unit consisting of comprehensive aircraft maintenance, such as commercial aircraft maintenance, military aircraft maintenance and industrial services. At this company, the author took part in practical work activities in the Corporate Communications & CSR unit which is under the auspices of the Corporate Secretary & Legal service which carries out the public relations function at GMF. In this report, the author will explain the application of 4 strategic approaches to company visits held for GMF stakeholders using interview, observation and literature study methods. The stakeholder aspects that will be explained from the perspective of Grunig's 4 Linkage Model are functional linkage, enabling linkage, normative linkage, and diffused linkage. PT GMF approaches stakeholders using 4 strategic approaches, namely assertive, defensive, collaborative and responsive.

Analisa Pelanggaran Kode Etik Akuntan Publik Pada PT Garuda Indonesia Tbk

Breaches of the code of ethics may harm the auditor's standing and cast doubt on the audit findings. The purpose of this literature analysis was to analyse instances of breaches of the auditor's code of ethics in the PT Garuda case in Indonesia. Additionally, it aimed to provide a comprehensive summary and critical assessment of the case. According to the study, the auditor who examined PT Garuda has breached many aspects of the auditor's code of ethics, such as honesty, impartiality, professional conduct, and competence. The auditor is also accountable for any inaccuracies found in a company's yearly financial statements. The auditor conducts the audit procedure without identifying any faults or adjustments. Subsequently, the Minister of Finance imposed a 12-month suspension on the auditor's licence.

Pengaruh Stres Kerja dan Konflik Kerja Terhadap Kinerja Kurir Pada PT Garuda Express Nusantara (J&T Express) Kota Pekanbaru

The purpose of this research was to determine the influence of work stress and work conflict on employee performance at PT. Garuda Express Nusantara Pekanbaru City. This research was conducted on December 2021 until June 2022 at PT Garuda Express Nusantara (JT Express) Pekanbaru City located at Harapan Raya Street Pekanbaru City, Riau Province. The target of this research was the employee working at PT Garuda Express Nusantara Pekanbaru City. The research population were 91 employees. The samples selected were 91 employees obtained from Saturated Sampling Technique where all populations are made as samples. The data were gained through questionnaire distribution. The analysis method used was multiple linear regression analysis by using Statistics Product Service and Solution (SPSS) Program Version 20.0. Based on the hypothesis and research result, it could be concluded that work stress and work conflict have significant influence on sprinter employee performance at PT Garuda Express Nusantara Pekanbaru City which means that the higher work stress and work conflict then the lower employee performance and likewise. Work stress and work performance gave contribution 43.3% on employee performance while the rest 56,7% were influenced by other factors..

Pentingnya Transparasi: Kurangnya Komunikasi di Perusahaan Pt Garuda Indonesia (Persero) Tentang Kisruh Lepkuei Garuda dan Ojk Mengenai Analisis Laporan Keuangan

This journal reveals issues at PT Garuda Indonesia (Persero) due to a lack of communication involving the Lapkeu Garuda turmoil, which implicates the OJK (Financial Services Authority), primarily stemming from miscommunication problems between the OJK and Garuda Indonesia's management. Insufficient communication adversely impacts the company's performance and results in inaccurate and non-transparent financial reporting. Utilizing a qualitative literature review method, this research investigates various relevant literature sources on the topic. The study aims to explore the significance of transparency concerning the communication deficit at PT Garuda Indonesia (Persero), particularly regarding the Lapkeui Garuda turmoil and the OJK's role in financial statement analysis. This journal provides practical implications, indicating that transparency in financial reporting is not only an obligation but also a long-term investment for sustainability and company growth. The company needs to enhance both internal and external communication and improve collaboration with regulators to ensure adequate transparency in financial information dissemination. Collaborative efforts will aid in restoring stakeholder trust, reducing reputation risks, and establishing a strong foundation for sustainable business growth.

Strategi Perusahaan Maskapai Penerbangan dalam Menghadapi Pandemi Covid-19: Pendekatan Akuntansi Manajemen

The Covid-19 pandemic has caused many companies to experience a decline in revenue and profits, including airline companies. PT Garuda Indonesia is one of the companies included in the tourism industry ecosystem which has also been affected by the Covid-19 pandemic. This research aims to investigate the strategies companies choose to face the Covid-19 pandemic. This research uses a qualitative method with a case study approach. The research results show that cost efficiency and product differentiation strategies are able to increase company revenues.

PENGARUH UKURAN PERUSAHAAN DAN RETURN ON ASSET TERHADAP PRICE TO BOOK VALUE PT GARUDA INDONESIA YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

This study aims to analyze the effect of company size and return on assets on the price to book value of PT Garuda Indonesia for the 2018-2021 period. The data source of this research is secondary data in the form of quarterly financial reports obtained from the official IDX website and other supporting sources. The data analysis method used is the classical assumption test and multiple linear regression. The results of this study indicate that partially only company size (X1) effects on price to book value (Y). Meanwhile, return on assets (X2) has no effect on price to book value (Y). This research is expected to provide benefits for companies to increase their price to book value through company size and return on asset ratio

THE EFFECT OF FINTECH PAYMENT AND FINANCIAL LITERACY ON EMPLOYEES' FINANCIAL BEHAVIOR

This research aims to examine and determine the influence of Fintech Payment, Financial Literacy on Employee Financial Behavior partially or simultaneously. The data analysis method used is multiple regression analysis so that the direction and magnitude of the influence of the independent variable on the dependent variable can be clearly depicted. This research used SPSS 22. The research sample consisted of 77 employees at PT Garuda. Sampling using the Slovin formula. The research results show that: 1). Fintech Payment has a positive and significant effect on Employee Financial Behavior; 2). Financial Literacy has a positive and insignificant effect on employee financial behavior and simultaneously has a positive and significant effect.

Analisis Time Series Dan Cross Section Terhadap Kinerja Keuangan Sub Sektor Otomotif: PT Astra Internasional Tbk, PT Garuda Metalindo Tbk Dan PT Indomobil Sukses Internasional Tbk Tahun 2020-2022

This study aims to analyze the financial performance in the automotive sector of PT Astra Internasional Tbk, PT Garuda Metalindo Tbk, and PT Indomobil Sukses Internasional Tbk during the 2020-2022 period. The analysis was carried out using qualitative descriptive research methods. Explaining that descriptive research is research that seeks to describe a symptom or event that is happening. The results showed that the financial performance of the three automotive companies improved in 2022 compared to 2020. This is indicated by an increase in financial ratios, such as liquidity ratio, activity ratio, solvency ratio, profitability ratio and market ratio. Based on Time Series and Cross Section Analysis, it can be concluded that PT Garuda Metalindo is a company that has high growth prospects than PT Astra Internasional Tbk and PT Indomobil Sukses Internasional Tbk.

Financial distress predictions with Altman, Springate, Zmijewski, Taffler and Grover models

Several models have been developed to predict financial difficulties and corporate bankruptcy. In this research various models were employed, including the Altman model (referred to as the Z-Score), the Springate model (known as the S-Score), the Zmijewski model (designated as the X-Score), and the Grover model (referred to as the G-Score). These techniques serve the purpose of evaluating the likelihood of encountering financial difficulties, which in turn determines the probability of PT Garuda Indonesia (Persero) Tbk going bankrupt. The study utilized secondary data sourced from financial statements spanning the years from 2020 to 2022. The application of the Altman model for bankruptcy prediction revealed that PT Garuda Indonesia (Persero), Tbk experienced financial distress throughout the period from 2020 to 2022. According to the Springate model, the company was in a state of distress and declared bankruptcy in 2020 and 2022, while 2021 fell into a grey area. The Zmijewski model indicated that the company was on the brink of bankruptcy, with financial difficulties and a potential risk of bankruptcy within the next three years. Grover's model predicted bankruptcy for the company in 2020 and 2022, but indicated safety in 2021. Notably, the Taffler model emerged as the most accurate in forecasting bankruptcy, boasting a 100% accuracy rate with no errors. Meanwhile, the Zmijewski model achieved an 81.25% accuracy rate with an error rate of 18.75%, and the Springate model exhibited the lowest accuracy in bankruptcy prediction, scoring only 12.50% accuracy with an error rate of 87.50%.

Juridical Analysis of Prohibition of Monopoly and Unfair Business Competition in Wholesaler Procedures for Sales of Umrah Tickets by PT. Garuda Indonesia (Persero) Tbk

The Business Competition Supervisory Commission (KPPU) decided that PT. Garuda Indonesia (Persero) Tbk. committing violations related to discrimination and making efforts to close access to distribution channels for direct sales of Umrah tickets to and from Jeddah and Medina through the Wholesaler Program. Where is PT. Garuda issued a policy regarding Middle East Asia (MEA) ticket sales that required Umrah Pilgrimage Organizers (PPIU) to purchase through the six designated wholesalers. The purpose of this research is to find out the legal consequences of the practice of prohibiting monopoly in the wholesaler procedure for selling Umrah tickets by PT. Garuda Indonesia (Persero) Tbk based on Law no. Unhealthy Business. This study uses a normative juridical research method using a statutory approach (Statutes Approach), namely Law Number 5 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition and a case approach (Case Approach), namely Decision Number 06/KPPU-L/ 2020 regarding Alleged Discriminatory Practices of PT Garuda Indonesia (Persero).

Evaluasi Akuntansi Kombinasi Bisnis dengan Penerapan Standar Internasional Pelaporan Keuangan (IFRS) pada PT Garuda Indonesia (Persero) Tbk

The aim of this research isnto assess the implementation of Internasional Financial Reporting Standars (IFRS) at PT Garuda Indonesia Tbk, especially inte accounting aspect of business combinations. This research method is quantitative and uses analysis through a literatur study approach. The data used was obtained from the financial report of PT Garuda Indonesia Tbk for 2011, 2015, daj 2018, taken from official company sources. Research findings show that PT Garuda Indonesia Tbk has succesfully implemented the PSAK 22 business merger accounting standard (revised 2011, 2015, dan 2018) which as been adapted to IFRS with efficiency in preparing financial reports. The impact of this research is to provide a significant contribution in helping shreholders and other related partiesnij evaluating the extent to which companies comply with applicable financial reporting regulations.

Organized Crime in the Corruption of Garuda Indonesia's Former Director (Analysis of the Jakarta District Court Decision)

This article delves into the complex world of organized crime and traces the historical roots of its development and impact on society. Focusing on corruption cases involving PT Garuda Indonesia and Rolls Royce the transnational dimensions of organized crime are examined. A criminological lens helps dissect the structural elements of organized crime to uncover networks of clients who seek to exploit legal loopholes. International legal mechanisms such as the UN Convention against Transnational Organized Crime aim to standardize responses to this widespread threat. Examining corruption within this framework highlights the global reach of organized crime and the need for collective action. Lastly as society grows the challenges of organized crime also increase. Global understanding combined with international cooperation guided by legal frameworks is essential to combat the complex and widespread nature of organized crime. This case study highlights the importance of criminology in identifying and combating the problem of organized crime in an interconnected world by underscoring the urgent need to address not only individual crimes but also their interconnectedness.

PENGGUNAAN LABA, ARUS KAS DAN LEVERAGE UNTUK MEMPREDIKSI KONDISI KEUANGAN FINANCIAL DISTRESS PADA PERUSAHAAN SEKTOR TRASPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2021 (STUDI KASUS PT GARUDA INDONESIA)

The purpose of this study was to determine the effect of cash flow and earnings on financial distress. Data was obtained form secondary data, which was obtained from parties in the form of publication reports for the 2015-2021 period (case study of PT Garuda Indonesia). The financial distress measurement method uses the Altman z-score method.
 The results of the study show (1) Profit has no significant effect on predicting financial distress. (2) Cash flow has no effect on predicting financial distress conditions. (3) Leverage has no effect on predicting financial distress conditions. And simultaneously this study states that profit, cash flow and leverage have no effect on predicting financial distress.

Pengukuran Kinerja PT Garuda Indonesia Tbk Berbasis Balanced Scorecard (Performance Measurement of Pt Garuda Indonesia Tbk Based on Balanced Scorecard

This research aims to analyze the application of the balanced scorecard (BSC) method as a benchmark for measuring performance at PT Garuda Indonesia (Persero) Tbk. This research uses a qualitative descriptive method by analyzing data information that can be measured into research indicators based on the four perspectives of the BSC, financial perspective, customer perspective, internal business perspective and growth and learning perspective. Based on the BSC analysis, in 2018-2021 the company's overall performance was not good. The company's condition is getting better in the 2021-2022 period, marked by an increase in profits and a significant increase in the scores of the four BSC perspectives. This indicates that the company's overall performance is improving compared to previous years

Analisis Potensi Kebangkrutan Dengan Mengunakan Model Springate S.Score

Analysis of Potential Bankruptcy Using the Springate S.Score Model (Case Study) in Aviation Companies Listed on the IDX.This research aims to determine financial distress in airline companies listed on the stock exchange. The type of data used is secondary data in the form of data in the form of documents obtained from the official BEI link (www.idx.co.id). The data analysis technique used is the Springate model. .score. The research results show the springate score analysis method. This is indicated by the Springate score being less or more than the predetermined score. in airline companies during 2018-2021, (1) PT Garuda Indonesia (Tbk) (2) PT Jaya Trishindo (Tbk) (3) PT MNC energy investment (Tbk) and (4) PT AirAsia (Tbk) experienced financial distress, and in 2022 it will also experience financial distress but PT Garuda Indonesia will not experience financial distress.