Claim Missing Document
Check
Articles

Found 23 Documents
Search

Toward Firm Performance in Indonesia: The Role of Good Corporate Governance and Investment Opportunity Set Dedi Rusdi; Indri Kartika; Maya Indriastuti
Jurnal Economia Vol 17, No 1: April 2021
Publisher : Faculty of Economics Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (453.874 KB) | DOI: 10.21831/economia.v17i1.35562

Abstract

Abstract: This study examined the role of good corporate governance and investment opportunity set in maintaining firm performance. This study's sample population comprised 240 manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2019. The research sample was selected using a purposive sampling method. The data were analyzed by using structural equation modeling analysis (SEM). The results showed that good corporate governance in terms of board size had a negative effect on firm performance. Meanwhile, good corporate governance in terms of board independence and investment opportunity set had a positive effect on firm performance.Keywords: good corporate governance, investment opportunity set, firm performance Menuju Kinerja Perusahaan di Indonesia: Peran Good Corporate Governance dan Investment Opportunity Set Abstrak: Studi ini menguji peran good corporate governance dan investment opportunity set dalam menjaga kinerja perusahaan. Populasi sampel penelitian terdiri dari 240 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia dari tahun 2016 hingga 2019. Sampel penelitian dipilih dengan menggunakan metode purposive sampling. Analisis data menggunakan analisis structural equation modeling (SEM). Hasil penelitian menunjukkan bahwa good corporate governance ditinjau dari ukuran dewan komisaris berpengaruh negatif terhadap kinerja perusahaan. Sedangkan good corporate governance ditinjau dari independensi dewan komisaris dan investment opportunity set berpengaruh positif terhadap kinerja perusahaan.Kata kunci: good corporate governance, investment opportunity set, kinerja perusahaan
KEPERCAYAAN INVESTOR TERHADAP KINERJA PERBANKAN GO PUBLIC DI BURSA EFEK JAKARTA Maya Indriastuti; Indri Kartika
Jurnal Keuangan dan Perbankan Vol 12, No 1 (2008): January 2008
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (184.446 KB) | DOI: 10.26905/jkdp.v12i1.878

Abstract

Monetary crisis in Indonesia had given wide influence on Indonesia Businesscondition. There was money crisis in many companies, including banking firms, that affectedlower public confidence. This study examined the influence of financial performance thatwas represented by the financial ratio to the stock price. There were10 financial ratios thatpredicted influence stock price. Data in this study wais collected from 11 go-public bankingcompanies in Jakarta Stock Exchange in 2001- 2005 by using purposive sampling method. Thefactor analysis was used to identify dimension of each variable, and regression analysis wasused to test the hypothesis. The empirical result showed that simultaneously, all financialratios influenced to stock price. Partially, only two ratios affected the stock price.
Improving Firm Value through Intellectual Capital, Good Corporate Governance and Financial Performance Maya Indriastuti; Indri Kartika
Jurnal Ilmiah Akuntansi Vol 6, No 1: Juni 2021
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23887/jia.v6i1.30993

Abstract

This study analyzed and tested empirically the firm value improvement through intellectual capital, good corporate governance, and financial performance. The samples of this study comprised 90 companies that analyzed by using the Structural Equation Model based on Partial Least Square with WrapPLS software. The results indicated that intellectual capital, good corporate governance, and financial performance were able to improve the firm value. The financial performance also was able to mediate the effect of intellectual capital and good corporate governance on firm value. The findings may become a consideration for regulators, especially the Financial Services Authority in making a a complete and strong regulation regarding the implementation of good corporate governance; as well as for investors to invest in companies listed on the Jakarta Islamic Index.
Reducing Non Performing Financing Through Financial Ratios Maya Indriastuti; Indri Kartika; Sri Sulistyowati
JURNAL STUDI MANAJEMEN ORGANISASI Vol 17, No 1 (2020)
Publisher : Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (206.082 KB) | DOI: 10.14710/jsmo.v17i1.40175

Abstract

The aim of this study is to investigate financial ratios in minimizing non performing financing (NPF) at Sharia Banks. The samples of this study were 11 Sharia Banks listed in Bank Indonesia in 2008-2018. The data were  analyzed by using multiple linier regression analysis. The result of this study showed that CAR, QPA, and OEOI have a significant positive effect on NPF.  Meanwhile, FDR variable has no significant negative effect on NPF. The results of this study are expected to provide information on the factors that can affect the NPF and how to control the NPF so that Sharia Banks can keep the ratio of NPF net to stay under 5%, this is to maintain the condition of the bank soundness level.
Financial Distress Prediction: The Ownership Structure and Management Agency Cost Maya Indriastuti; Indri Kartika; Naila Najihah
The Indonesian Journal of Accounting Research Vol 24, No 2 (2021): IJAR May 2021
Publisher : The Indonesian Journal of Accounting Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33312/ijar.514

Abstract

This research aimed to predict the financial distress through ownership structure and management agency cost. The ownership structure was tested by managerial ownership and institutional ownership. Meanwhile, the management agency cost was tested by administrative cost ratio. The population of this research were all companies listed in Indonesia Sharia Stock Index year 2016-2018 by using purposive sampling technique. Based on the criteria that have been determined, the total samples were 129 companies. The analysis of the data in this research used logistic regression analysis. The results showed that institutional ownership has a significant negative effect towards the financial distress. Despite, the managerial ownership and management agency cost have a insignificant negative effect toward the financial distress.
THE PERFORMANCE OF BPRS FROM THE NON PERFORMING FINANCING SIDE Maya Indriastuti; Indri Kartika
Solusi Vol 16, No 2 (2018)
Publisher : Universitas Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26623/slsi.v16i2.2164

Abstract

Tujuan dari penelitian ini adalah untuk menguji kinerja BPRS dari pembiayaan non-performing (NPF) dari mudharaba, musyarakah, murabahah. Populasi dalam penelitian ini adalah data 3tahun laporan keuangan yaitu dari tahun 2014 hingga 2016. Metode analisis yang digunakandalam penelitian ini adalah regresi linier berganda. Hasil penelitian menunjukkan bahwa (1)pembiayaan mudharaba NPF, NPF pembiayaan musyarakah, pembiayaan murabahah NPFsecara simultan memiliki pengaruh positif untuk meningkatkan kinerja BPRS; (2) uji parsialmenunjukkan bahwa NPF pembiayaan Musyarakah dan NPF Murabaha berpengaruh positifsignifikan terhadap kinerja BPRS, artinya keduanya dapat meningkatkan kinerja BPRS; (3)sedangkan NPF pembiayaan mudharaba berpengaruh positif tetapi tidak signifikan terhadapkinerja BPRS, artinya Bank tidak berani mengambil risiko sangat tinggi karena tidak adanyaagunan.Kata kunci: Mudharaba NPF, Musharaka NPF, Murabahah NPF, Kinerja, BPRS
Corporate Governance, Corporate Social Responsibility and Firm Value: Evidence from Indonesia Indri Kartika
International Journal of Business Economics (IJBE) Vol 3, No 1 (2021): SEPTEMBER - FEBRUARY
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v3i1.7912

Abstract

This study aims to determine the effect of good corporate governance on firm value and corporate social responsibility as a moderating variable. The sample of this research is manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the period 2012-2017. Based on purposive sampling criteria, there were 504 samples obtained This studi uses a quatitative approach with multiple linear regression analysis methods. This study found that good corporate governance has a positive effect on firm value. Then, corporate social responsibility strengthens the relationship between corporate governance and firm value. Contributions of this study is develops a research model of the influence of good corporate governance dan corporate social reponsibility on increasing firm value by measuring that variables in accordance with firm conditions in developing countries. Future resarch is very interesting to add criteria to determine the final score for good corporate governance and corporate social responsibility disclosure by following the changing times.
The Impact of Digitalization on MSMEs’ Financial Performance: The Mediating Role of Dynamic Capability Maya Indriastuti; Indri Kartika
Jurnal Economia Vol 18, No 2: October 2022
Publisher : Faculty of Economics Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (326.489 KB) | DOI: 10.21831/economia.v18i2.42790

Abstract

AbstractThe COVID-19 pandemic has negatively affected the 82.9% of MSMEs. They experienced a significant decrease in operating profit due to fixed production costs or increased production costs while the sales declined. Therefore, it requires various strategies to boost the financial performance of MSMEs through digitalization and dynamic capability. The sample consisted of 282 respondents from MSMEs in Central Java which then all primary data were processed using structural equation model analysis. The results of the study showed that digitalization and dynamic capability could enhance the MSMEs' financial performanceand the variable of dynamic capability succeeded in mediating the effect of digitalization on the MSMEs' financial performance. Keywords:digitalization, dynamic capability, MSMEs' financial performance Dampak Digitalisasi Terhadap Kinerja Keuangan UMKM: Peran Mediasi Kemampuan Dinamis AbstrakPandemi COVID-19 telah menyebabkan 82,9% UMKM mengalami dampak negatif yakni penurunan profit usahasecara signifikan akibat biaya produksi tetap atau bahkan meningkat sementara penjualan menurun. Oleh karena itu di butuhkan berbagai strategi untuk mendongkrak kinerja keuangan UMKM melalui digitalization dan dynamic capability. Sampel penelitian ini sebanyak 282 responden dari UMKM di Jawa Tengah yang kemudian semua data primer diolah menggunakan analisis Structural Equation Modeling. Hasil penelitian menunjukkan bahwa variabel digitalizationdan dynamic capability mampu meningkatkan kinerja keuangan UMKM serta variabel dynamic capability berhasil memediasi pengaruh digitalization dengan kinerja keuangan UMKM. Kata kunci:digitalization, dynamic capability, kinerja keuangan UMKM
The Assistance in Household Financial Governance through the Maqashid Sharia Approach during the Covid-19 Pandemic Kiryanto Kiryanto; Provita Wijayanti; Indri Kartika; Muhammad Jafar Shodiq; Dista Amalia
Indonesian Journal of Community Services Vol 4, No 2 (2022): November 2022
Publisher : Universitas Islam Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ijocs.4.2.169-175

Abstract

Pengabdian masyarakat ini bertujuan untuk memperkenalkan tatakelola keuangan rumah tangga dengan pendekatan maqosid sharia pada majelis Ta’lim Aisiyah Pucang Gading  Demak Jawa Tengah. Pelaksanaan kegiatan pengabdian melalui beberapa tahapan yaitu Observasi, penentuan target mitra, sosialisasi dan pendampingan secara offline dengan mematuhi protokol kesehatan Kelompok mitra dapat memahami dan menerapkan tata kelola keuangan Rumah tangga berdasarkan pendekatan maqosid sharia untuk penjagaan jiwa, agama, akal,keturunanan dan harta dalam skala priritas kebutuhan serta impian keluarga yaitu kebutuhan dzaruriyat,hajiyat dan tahsiniyat.Perencanaan keuangan berdasarkan Maqoshid Sharia yang dikemas dalam Islamic Financial Planning (IFP) harus hadir untuk menata ulang perencanaan keuangan individu maupun keluarga agar tetap sustainable di pandemi Covid-19. Memperkuat ketahanan keuangan keluarga kelompok Majelis Ta'lim di masa pandemi Covid 19 dengan optimalisasi penerapan maqosid sharia dan akuntansi keluarga.This community service aims to introduce household financial governance with Maqashid Sharia approach to Majelis Ta'lim Aisyiyah, Pucang Gading, Demak, Central Java. The implementation of these community service activities is through several stages, namely observation, determining target partners, socialization, and offline assistance by complying with the health protocols. Partner groups can understand and implement household financial governance based on Maqashid Sharia approach for the protection of life, religion, mind, offspring, and assets on a priority scale for family needs and dreams, namely dzaruriyat, hajiyat and tahsiniyat needs. The financial planning based on Maqashid Sharia packed in Islamic Financial Planning (IFP) should be present to rearrange individual and family financial planning to remain sustainable during the Covid-19 pandemic. Strengthening the financial resilience of Majelis Ta'lim family group during Covid-19 pandemic by optimizing the implementation of Maqashid Sharia and family accounting.
Pelatihan Digital Financial Literacy Bagi UMKM Ikan Asap Desa Bulak, Kecamatan Rowosari, Kabupaten Kendal Mutamimah Mutamimah; Lisa Kartikasari; Gunawan Gunawan; Indri Kartika
JPM: Jurnal Pengabdian Masyarakat Vol. 3 No. 1 (2022): Juli 2022
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/jpm.v3i1.591

Abstract

Smoked fish SMEs have a strategic role in economic empowerment and poverty reduction in Kab. Kendal. However, the smoked fish SMEs have not developed well, one of the reasons is that the majority of them do not have the knowledge, understanding and skills of digital finance. They use digital only through watshap, face book, IG to market smoked fish products to various regions. In addition, the MSMEs of smoked fish in Bulak Village do not understand the risks of using digital, and do not understand the method of digitally recording financial transactions. Therefore, the purpose of this community service is to increase knowledge, understanding, and digital financial skills through digital financial literacy for smoked fish MSMEs in Bulak Village, Kec. Rowosari, Kab. Kendal. The implementation method consists of 3 stages, namely: a). Conducted an initial survey to the location with the head of Bulak Village, smoked fish MSMEs players and the Kab. Kendal to find out the potential and problems of smoked fish MSMEs in Bulak Village, Kec. Rowosari, Kab. Kendal. b). Provide digital financial literacy training for smoked fish MSMEs in Bulak Village, Rowosari District, Kab. Kendal. c). Assessing the performance of community service. The results show that digital financial literacy training can increase knowledge, understanding and skills in conducting digital transactions, digital financial risks, digital bookkeeping, and digital financial reports as a basis for decision making for smoked fish MSMEs in Bulak Village, Rowosari District, Kab. Kendal.