IOSR-JBM   Volume-6 ~ Issue-4 ~ Nov-Dec-2012

Paper Type	:	Research Paper
Title	:	Diversification, Investment Opportunity Set, Envinronmental Dynamics and Firm Value (Empirical Study of Manufacturing Sectors in Indonesia Stock Exchange)
Country	:	Indonesia
Authors	:	Yuliani, Djumilah Zain, Made Sudarma, Solimun
	:	10.9790/487X-0640115

Abstract:The purpose of this research are: 1) to describe and analyzing the diversification effect on firm value, 2) to describe and analyzing the role of Investment Opportunity Set (IOS) diversification effect mediation on firm value, and 3) to describe and analyzing the role of environment dynamics as a IOS moderating effect on company value. The research was conducted on the manufacturing sectors in Indonesia Stock Exhange. Observation period are 2006-2010. Based on defined population criteria the sampling method is saturated sample or census. The samples analyzed were 18 companies. Analysis data method is Structural Equation Modeling (SEM) variance-based namely SmartPLS. The result shows that: 1) The diversification effect on firm value is significant and positive, 2) IOS mediation variable significantly and positively affect firm value, and 3) IOS*environmental dynamics interaction variable does not affect significantly on firm value.
Keywords: Diversification, Investment Opportunity Set, Environmental Dynamics, Firm Value.

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Paper Type	:	Research Paper
Title	:	Credit Risk and Harmonious Values Practice (Study at Village Credit Institution (Lembaga Perkreditan Desa) Of Bali Province)
Country	:	Indonesia
Authors	:	I Putu Astawa, Prof. Dr. Made Sudarma, Dr. Siti Aisjah, Dr. Djumahir
	:	10.9790/487X-0641620

Abstract:The research aims to explain harmonious values practices summarized in Tri Hita Karana (THK) culture emphasizing on harmonious relationship of human with God, between humans and human with environment that has been implementing at the village credit institution (Lembaga Perkreditan Desa/LPD) and its relationship with credit risk. 100 of 1405 existed companies are selected as sample and descriptive statistic is used to examine data collected using questioner on harmonious values practice and the amount of nonperforming loan (NPL). Research result shows that LPD has been practicing harmonious values in a good manner and LPD that implementing harmonious values in a good manner tend to have small NPL. Research implication is that in order to decrease non-performing loan, LPD managers should pay attention and monitor the implementation of harmonious values properly. It is suggested to examine the research using quantitative and qualitative approaches to understand more about the existed phenomenon.
Keywords: credit risk, non performing loan, harmonious values

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Paper Type	:	Research Paper
Title	:	Role of Psychosomatic Capital on Employee Attitudes, Behavior and Performance
Country	:	India
Authors	:	Mr. P. Ramesh, Mr.T.Narayana Rao
	:	10.9790/487X-0642124

Abstract:The focus of all aspects human resource development is on developing the most superior workforce so that the organization. The performance-based goals is to be sensitive to the addition of a performance contingency to the achievement context, because these types of goals are inherently focused on external evaluation and are presumed to be responsive to the internal constraints. There is no gain-saying the fact that individual's skills and techniques are significant determinants of such person's work performance. These could be acquired through psychological resources along with training and development.

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