Claim Missing Document
Check
Articles

Found 2 Documents
Search

Attributes of islamic labels in increasing internal comprehensive strength Diana Hasyim; Kustoro Budiarta; Nurul Wardani; Edison Parulian
Jurnal Mantik Vol. 7 No. 2 (2023): Agustus: Manajemen, Teknologi Informatika dan Komunikasi (Mantik)
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The objectivity of this study includes 3 (three) investigations, namely (1) the implications of Islamic label attributes on financial flexibility, (2) the impact of a combination of Islamic labels and capital structure conservatism on financial flexibility, and (3) the interaction of Islamic labels and cash holding on financial flexibility. By observing 225 companies during the period 2012 – 2021 and using the Generalized Method of Moment (GMM) analysis technique, the results of the study found that the attribute of the Islamic label contributed to financial flexibility. Examination of the impact of the combination of Islamic Label (IL) and capital structure conservatism on financial flexibility shows that IL capital structure conservatism does not contribute to an increase in financial flexibility. However, cash holding IL has the potential to become a source of financial flexibility.
Will a High-Performance Finance Function Company Become a High Performance Organization? Chandra Situmeang; Diana Hasyim; Choms G. G. T. Sibarani
Jurnal Indonesia Sosial Sains Vol. 4 No. 07 (2023): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jiss.v4i07.846

Abstract

Each company has a different performance and competitiveness from other companies. This performance determines their resilience to face various economic conditions, including economic contraction due to the Covid-19 pandemic. Various kinds of literature state that High-Performance Organizations (HPO) are related to their financial management performance. This study took a sample of 66 small and medium-sized companies in North Sumatra Province, Indonesia. We conclude that all High-Performance Organizations (HPO) factors strongly correlate with the High-Performance Finance Function (HPFF). Therefore, if a company wants to become an High-Performance Organizations company, it must also become an HPFF company. Therefore, we suggest that the top management of each company pays attention to the interrelated aspects of managing the financial function to improve or maintain the company's competitiveness. Another thing to note is the HPFF characteristics, namely "Personal Development" and "Role Clarity," which can differentiate the performance of the financial function among research respondents