Value : Jurnal Manajemen dan Akuntansi

The Impact Of Daftar Efek Syariah (DES) Announcement To The Asii’s Abnormal Returns And Trading Volume

Agus Saur Utomo — 2024-09-16

DES announcement can be an important information for investors in making investment decisions. Islamic investors have to sell their stock when their stocks are excluded from DES. On the other hand, investors who want to invest in Islamic stocks will buy stocks that are included in the DES. The purpose of this study is to examine the impact of ASII stock reentry and exit from and into DES to the abnormal return and trading volume activity. This study uses secondary data obtained from investing.com. The data used in this study are daily stock closing prices, IHSG index and daily stock trading volume. This study follows event study methods. The first event window used in this study is 7 days before November,23,2020 and 7 days after. The second event window used is 7 days before May 24, 2023 and 7 days after. Descriptive statistic and Wilxocon sign ranks is used to analysis the data. The results showed that there was no significant difference in abnormal returns both at the time of ASII exit and reentry. However, trading volume of ASII stock significant difference before and after exit announcement. But when ASII stock reentry to the DES there was no significant difference.

Pengaruh Kepemilikan Manajerial Terhadap Kesulitan Keuangan Perusahaan Sektor Industri Dasar Dan Kimia

Dhoni Firdaus — 2024-09-16

Managerial ownership is believed to reduce agency problems that frequently occur in business, which, if not addressed, can lead to financial distress for the company. Extremely high or low managerial ownership can cause issues, such as managers neglecting shareholders' interests or being less motivated to maintain the company's financial stability. This study aims to analyze the effect of managerial ownership on the likelihood of financial distress in basic industry and chemical sector companies listed on the Indonesia Stock Exchange (IDX). A quantitative approach was used in this study. The data consists of annual reports from basic industry and chemical sector companies listed on the IDX from 2018 to 2023. Samples were determined using a purposive sampling method from a population of 73 companies, resulting in 24 companies with a total of 144 samples analyzed. Logistic regression analysis was used to test the hypothesis. The results of this study indicate that higher managerial ownership is associated with a reduced likelihood of financial distress. The findings of this study are useful for shareholders and management in making decisions regarding ownership structure to minimize financial risk.

Perencanaan Strategi Untuk Mengurangi Produk Reject Dengan Pendekatan Lean Manufacturing

Suguanto Suguanto — 2024-09-16

Company X, a feed manufacturer, faced a significant challenge related to a high product rejection rate of 10%. This study aimed to identify the root causes of the problem and implement lean manufacturing-based solutions to reduce waste. Through fishbone and Pareto analysis, the study revealed that human errors and non-standard measuring instruments were the primary contributors to the issue. The PDCA cycle was utilized as a framework for implementing solutions. The results demonstrated that the company reduced the product rejection rate by improving employee adherence to production procedures and conducting regular calibrations of measuring instruments. This research highlights the importance of lean manufacturing approaches in optimizing production processes and enhancing product quality in the feed industry.

Battle Of Brand Loyalty: Based On Social Media Advertising – Gojek And Grab

Netha Eliana Calysta — 2024-09-20

The use of social media advertising is certainly familiar to consumers as one of the marketing strategies for brands or products in the company. This study will look at the level of consumer loyalty to Gojek and Grab through brand image and brand awareness. This study aims to see between the two brands which brand is superior in using social media advertising in increasing consumer loyalty, namely generation z people in Makassar city, Indonesia. This study uses quantitative methods by analyzing 265 respondents and will be analyzed using PLS-SEM. The results of this study indicate that Gojek is superior in utilizing brand image and brand awareness through social media advertising. This is evidenced by the relationship between social media advertising has no significant effect on brand loyalty. Nevertheless, brand image and brand awareness have a significant positive relationship to brand loyalty. Furthermore, the Grab brand is superior in increasing its brand loyalty through social media advertising, brand image, and brand awareness. In addition, Grab's brand image and brand awareness have a positive significant relationship to brand loyalty.

Praktik Quality Management Melalui Quality dan Innovation Performance di Perusahaan Digital

Galuh Candya Callista — 2024-09-24

Peningkatan kinerja perusahaan untuk memastikan keunggulan kompetitif di pasar dapat dicapai melalui implementasi manajemen mutu atau Quality Management, yang mencakup perbaikan berkelanjutan. Quality Management diklasifikasikan menjadi dua jenis, yaitu soft dan hard. SQM berfokus pada pemberdayaan, pelatihan, dan keterlibatan karyawan, yang menekankan. Penelitian ini bertujuan untuk menguji dan menganalisis pengaruh Soft Quality Management dan Hard Quality Management terhadap kinerja kualitas dan kinerja inovasi pada Perusahaan Digital dan menggunakan pendekatan kuantitatif melalui pengumpulan data yang dilakukan dengan menggunakan kuesioner (Skala Likert, 1-5) yang diolah menggunakan PLS -SEM. Penelitian ini menunjukkan pengaruh positif dan signifikan Soft Quality Management melalui Employee Engagement, Task-Related Training for Employee, Problem Solving dan Hard Quality Management melalui Process Management, Quality Information terhadap kinerja kualitas, dan kinerja inovasi. Penelitian ini memberikan kontribusi terhadap pengetahuan bagaimana menerapkan manajemen mutu yang memadukan aspek soft dan hard pada perusahaan jasa.

Pengaruh Personal Innovation Terhadap Cognitive Absorption Dan Kreativitas: Peran Mediasi Burnout

Rosyda Nur Fauziyah — 2024-09-25

Sumber Daya Manusia (SDM) sebagai salah satu aset yang paling utama di dalam sebuah perusahaan. Situasi yang tidak menentu seperti sekarang sangat rawan bagi perusahan dalam mempertahankan berbagai kegiatan. Hal ini yang menyebabkan perusahaan membutuhkan pengelolaan sumber daya manusia yang terampil dan handal. Tujuan dari penelitian ini untuk menguji dan menganalisis pengaruh personal innovation terhadap cognitive absorption dan kreativitas yang dimediasi oleh burnout. Pada penelitian ini menggunakan 100 sampel yang diambil dari karyawan startup Kabupaten Sleman Daerah Istimewa Yogyakarta. Analisis data yang digunakan dalam penelitian menggunakan metode Structural Equation Model (SEM) yaitu Partial Least Square (PLS) dengan software SmartPLS 4.0. Hasil yang didapatkan dalam penelitian ini menunjukkan bahwa : (1) Personal Innovation berpengaruh negatif terhadap burnout, (2) Personal Innovation berpengaruh positif terhadap cognitive absorption, (3) Personal Innovation berpengaruh positif terhadap kreativitas, (4) Burnout berpengaruh negatif terhadap kreativitas, (5) Burnout berpengaruh negatif terhadap cognitive absorption, (6) Personal Innovation berpengaruh negatif terhadap cognitive absorption dimediasi burnout, (7) Personal Innovation berpengaruh negatif terhadap kreativitas dimediasi burnout.

Pengaruh Nilai Tukar Dan Tingkat Suku Bunga Terhadap Indeks Harga Saham Gabungan

Priyam Budi Utomo — 2024-10-21

Kondisi pasar modal menunjukkan kondisi ekonomi secara makro, dengan kondisi pasar modal memengaruhi kondisi ekonomi sebuah negara. Pergerakan pasar modal, baik naik maupun turunnya harga saham, dapat dilihat dari Indeks Harga Saham Gabungan (IHSG). IHSG adalah nilai yang digunakan untuk mengukur pergerakan kinerja seluruh saham (perusahaan atau entitas) yang terdaftar di Bursa Efek Indonesia (BEI). Penelitian ini bertujuan untuk menguji faktor makro ekonomi yang memengaruhi IHSG, yaitu nilai tukar dan tingkat suku bunga. Periode yang digunakan dalam penelitian ini adalah lima tahun, mulai dari tahun 2019 hingga 2023, dengan jumlah data observasi sebanyak 60 data. Metode yang digunakan dalam penelitian ini adalah metode kuantitatif dengan menggunakan regresi linier berganda. Hasil penelitian ini menunjukkan bahwa secara parsial nilai tukar berpengaruh negatif dan signifikan terhadap IHSG, sedangkan tingkat suku bunga tidak berpengaruh signifikan terhadap IHSG. Secara simultan, hasil penelitian menunjukkan bahwa nilai tukar dan tingkat suku bunga berpengaruh signifikan terhadap IHSG.

Peran Emotion Based Attachment Ter-hadap Brand Loyalty dengan Customer Experience sebagai Pemoderasi

Kabul Trifiyanto — 2024-10-21

This research has proven the influence of emotion based attachment (brand love, brand passion, and brand pride) on brand loyalty with customer experience as a moderating variable. A total of modern café in Kebumen contributed to filling out the questionnaire. Purposive sampling was used by determining the criteria for respondents, namely those aged between 17 and more than 40 years and who had made purchases more than once. SmartPLS 3 SEM is used to process data. The research results showed that brand loyalty was directly influenced only by brand passion and brand pride, but not by brand love. Customer experience cannot moderate the influence of brand loyalty and brand passion on brand loyalty. However, customer experience can moderate the relationship between brand pride and brand loyalty. In conclusion, positive emotional attachment occurs in brand loyalty, especially through a sense of pride in the brand, which plays an important role in influencing brand loyalty. Positive customer experience can also increase the influence of brand pride on brand loyalty. Therefore, brand managers need to pay attention to efforts to improve the quality of customer experience and strengthen brand passion and brand pride as a strategy to maintain and increase existing brand loyalty.

Determinan Perilaku Pengelolaan Keuangan dalam Penggunaan Paylater: Studi Kasus pada Generasi Z di Kota Medan

Arif Pratama Marpaung — 2024-10-21

Penelitian ini membahas beberapa isu pokok dalam memahami perilaku manajemen keuangan dalam penggunaan layanan paylater di kalangan Generasi Z di Kota Medan. Penelitian ini bertujuan untuk menentukan dan menganalisis perilaku manajemen keuangan dalam penggunaan paylater oleh Generasi Z di Kota Medan, termasuk pengaruh kemudahan, sosialisasi keuangan, motivasi hedonis, dan self-monitoring melalui literasi keuangan sebagai variabel intervening. Analisis penelitian ini diharapkan dapat memberikan edukasi mengenai pengendalian perilaku keuangan saat menggunakan paylater melalui pemahaman literasi keuangan, sehingga mereka dapat lebih bijak dalam mengelola keuangan. Penelitian ini menggunakan pendekatan kuantitatif dengan teknik pengumpulan data melalui kuesioner yang melibatkan 446 responden. Metode analisis yang digunakan adalah SmartPLS dengan pendekatan Structural Equation Modeling (SEM). Hasil penelitian menunjukkan bahwa baik kemudahan maupun sosialisasi keuangan tidak berpengaruh signifikan terhadap perilaku manajemen keuangan. Namun, kemudahan dan pengaruh sosial memiliki dampak positif terhadap literasi keuangan. Selain itu, kemudahan dan sosialisasi keuangan memengaruhi perilaku manajemen keuangan melalui literasi keuangan sebagai variabel intervening. Sebaliknya, motivasi hedonis dan self-monitoring ditemukan tidak berpengaruh terhadap perilaku manajemen keuangan.

Enhancing Tourism Marketing Performance Through Green Marketing Strategy and Consumer-based Brand Equity

Lady Faerrosa — 2024-11-01

One crucial determinant of tourism performance is environmental sustainability. Unfortunately, not all tourist destinations have adopted environmentally friendly tourism practices, making it important to explore and research this issue. This study aims to analyze the impact of green marketing strategy and consumer-based brand equity (CBBE) on the sustainability of tourism marketing performance in Lombok Island. The research employed both qualitative and quantitative approaches. The researchers conducted interviews with 10 informants from among Lombok's tourism stakeholders and distributed questionnaires to 350 domestic tourists. Qualitative data was analyzed using content analysis, while quantitative was analyzed using multiple linear regression with the aid of SPSS. The results indicate that both green marketing strategy and CBBE have a positive and significant impact on tourism marketing performance. As this study utilizes a mixed-method approach, it provides a more comprehensive understanding of the key factors that can enhance tourism marketing performance. Consequently, these findings can serve as a basis for stakeholders in formulating policies for sustainable and environmentally friendly marketing concepts that align with the demands of their target consumers.

Faktor-Faktor Penentu Peluang Inovasi: Studi Empiris untuk UMKM di Jakarta

Cipta Canggih Perdana — 2024-11-11

Pemanfaatan media sosial di usaha mikro, kecil, dan menengah (UMKM) semakin marah untuk kegiatan pemasarannya. Oleh sebab itu, penelitian ini menguji dan menganalisis dampak Pemanfaatan Media Sosial dan Orientasi Pelanggan terhadap Peluang Inovasi bagi UMKM di Jakarta. Sampel diambil dengan pendekatan purposive sampling method, sehingga terpilih sebanyak 107 UMKM ditetapkan sebagai sampel. Dengan pendekatan kuantitatif, penelitin menguji variabel-variabel dengan metode statistik partial least square-structural equation modeling (SEM-PLS). Hasil penelitian ini adalah terbukti terdapat pengaruh positif Pemanfaatan Media Sosial dan Orientasi Pelanggan terhadap Peluang Inovasi secara parsial. Sehingga, penelitian ini memberikan kontribusi bagi UMKM untuk penggunaan media sosial untuk meningkatkan peluang inovasi, serta orientasi konsumen untuk meningkatnya.

Pengaruh Faktor Ekonomi Makro Terhadap Fluktuasi Harga Saham di Sektor Teknologi

David Xavier Timotius Suhendra — 2024-12-03

Indonesia's technology industry has experienced substantial growth, though it remains relatively nascent compared to other well-established sectors. This growth has resulted in considerable stock price fluctuations for technology companies listed on the Indonesian Stock Exchange (IDX), especially amid shifts in macroeconomic conditions. The stock price decline from 2021 to 2023 underscores the importance of understanding the effects of factors. Previous studies have yielded mixed and inconclusive results regarding the impact of macroeconomic variables on stock prices across various industries, emphasizing the need for further exploration in the developing technology sector. This study investigates the impact of macroeconomic factors on the stock prices of technology firms on the IDX. Employing a quantitative approach with multiple linear regression, this study analyzed secondary data from 44 companies during the 2021-2023 period. Data were obtained using purposive sampling and examined through descriptive statistical methods, classical assumption testing, and regression analysis, using SPSS version 23. The results reveal that inflation and interest rates significantly influence stock prices, while exchange rates show no significant association.

Pengaruh Sistem Pengendalian Internal, Komite Audit, Dan Whistleblowing System Terhadap Pencegahan Fraud

Vidya Loka Santi — 2024-12-03

The significant increase in fraud cases in Indonesia’s banking industry from 2016 to 2021, averaging over 300 cases per year, highlights the sector’s vulnerability to fraud. The financial industry, especially banking, accounts for 22.30% of total fraud cases, negatively impacting public trust and reputation. This study aims to examine the impact of internal control systems, audit committees, and whistleblowing systems in preventing fraud in banking companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022. A quantitative approach is employed in this study, using secondary data from the annual reports of banking companies available on the IDX official website. The sample was selected using a purposive sampling technique, resulting in 42 banking companies that met the criteria. Data analysis was performed using panel data regression with the E-Views 12 software. The findings indicate that the internal control system and whistleblowing system have a significant effect on fraud prevention, whereas the audit committee does not have a significant impact. Collectively, however, these three variables contribute significantly to fraud prevention efforts.

Pengaruh Good Corporate Governance Dan Manajemen Risiko Terhadap Kinerja Keuangan

Matilda Roswita Gollu — 2024-12-05

The phenomenon of the emergence of GCG began to be known because it was discussed repeatedly along with the increasing public awareness. Both the government and management need a mechanism that can increase openness. Good Corporate Governance is growing in many companies, both public and private. This research aims to determine the Effect of Good Corporate Governance and Risk Management on Banking Financial Performance (Empirical Study of Commercial Banks Listed on the Indonesia Stock Exchange in 2021-2023). A quantitative approach was used in this study. This study uses the banking sub-sector object listed on the Indonesia Stock Exchange (IDX) with a time span of 2021-2023. The sample method used is purposive sampling with a population consisting of 47 banking companies, resulting in 16 companies with a total sample of 48 analyzed. The study output shows that GCG and Risk Management have a positive impact on Banking Performance. Thus, the research results show that GCG and Risk Management tend to have a high probability ratio, namely more stable and high finances with Banking Financial Performance. This finding can be a guide for shareholders in making decisions in the company.

Minat beli produk halal bukan lagi menjadi Prioritas namun sebuah Keharusan

Muhhamad Arif Budhiawan — 2024-12-13

Globalization encourages consumers to be more selective in purchasing a product. For Muslims, of course they really pay attention to the halal label on every product they choose. The halal concept is not only of interest to Muslims, but also the general public can get products that are certified halal. This research used data from 153 students at Islamic universities in Surakarta, including Muhammadiyah University of Surakarta, Batik Islamic University of Surakarta, and UIN Raden Mas Said Surakarta. This research uses consumer behavior theory with multiple linear analysis methods. This research focuses more on consumer interest in buying halal goods. Previous research regarding halal products is still quite small. This research also adds a priority scale as a mediator, which in previous studies did not use a priority scale as a mediator. This research aims to explain the relationship between brand image, company image and product quality variables with interest in purchasing halal goods. This research states that the priority scale cannot be an effective mediator. Interest in purchasing halal products is not a priority for students at Islamic universities in Surakarta, but has become a necessity or obligation that should be carried out.

Pengaruh Rotasi Kerja Dan Digital Skill Terhadap Kinerja Karyawan Dimediasi Oleh Employee Well-Being

Anisah Nur Azizah — 2024-12-13

Penelitian ini berfokus pada interaksi antara rotasi kerja, keterampilan digital, dan kesejahteraan karyawan dalam mempengaruhi kinerja, serta pentingnya peran kesejahteraan sebagai mediator dalam hubungan tersebut. Penelitian ini akan memberikan kontribusi pada teori-teori yang ada mengenai manajemen SDM, kesejahteraan karyawan, dan kinerja, serta memberikan wawasan yang berguna untuk praktik manajerial di rumah sakit dan sektor lainnya. Penelitan dilakukan dengan menggunakan metode kuantitatif dengan jumlah sampel sama dengan populasi yaitu 124, karena tidak semua karyawan bisa dirotasi. Analisis data yang digunakan dalam penelitian ini menggunakan metode Structural Equation Model (SEM) yaitu Partial Least Square (PLS) dengan software SmartPLS 4.0 dan nilai p-value 0,05. Hasil yang didapatkan dalam penelitian ini menunjukkan bahwa: (1) Rotasi kerja berpengaruh negatif terhadap Employee Well-being, (2) Digital Skill berpengaruh positif terhadapat Employee Well-being, (3) Employee Well-being berengaruh negatif terhadap Kinerja Karyawan, (4) Rotasi Kerja berpengaruh positif terhadap Kinerja Karyawan, (5) Digital Skill berpengaruh negatif terhadap Kinerja Karyawan, (6) Rotasi Kerja berpengaruh negatif terhadap Kinerja Karyawan dimediasi oleh Employee Well-being, (7) Digital Skill berpengaruh negatif terhapad Kinerja Karyawan dimedasi oleh Employee Well-being.

Pengaruh Rasio Keuangan Terhadap Manajemen Laba Pada Perusahaan Real Estate dan Properti di BEI Periode 2017-2022

Jovandra Gabriel Koesmandoyo — 2024-12-13

This study addresses important issues related to earnings management in real estate and property companies amid the economic challenges posed by the Covid-19 pandemic. The research examines how profitability, liquidity, leverage, activity, and growth ratios influence earnings management in this crisis context. The objective of this study is to determine the impact of these financial ratios on earnings management in companies listed on the Indonesia Stock Exchange (IDX) during the 2017-2022 period. Employing a quantitative approach with secondary data from 25 companies, the analysis was conducted through classical assumption tests and F-tests as well as t-tests using SPSS software. The results indicate that these ratios do not have a significant impact on earnings management. This finding is intriguing because these factors are typically considered influential in earnings management practices. However, in the context of the pandemic, external factors such as economic instability and government policies are more dominant, rendering internal financial ratios less relevant.

Determinan Kinerja Keuangan Pada Perusahaan Sektor Consumer Cyclicals di BEI Periode 2021-2023

Riris Retno Widyastuti — 2024-12-13

Financial performance reflects the company's success rate in managing business activities to achieve the goal of making a profit. Financial performance serves as a benchmark to measure the company's ability to optimize its resources to create added value for all stakeholders. This study aims to find evidence regarding various factors that affect the financial performance of companies listed on the Indonesia Stock Exchange. In this study, the factors tested include financial ratios, which include profitability, liquidity, solvency, activity, valuation, and growth. In this study, the object is companies in the consumer cyclical sector listed on the IDX for 2021-2023. Purposive sampling is used as a method for selecting samples with a population of 21 companies and a sample size of 63. In addition, this study uses multiple linear regression analysis techniques with the help of SPSS software version 27. The study's results prove that profitability, solvency, and growth do not affect the financial performance of companies in the consumer cyclical sector. In contrast liquidity, activity, and valuation are proven to affect the financial performance of companies in the consumer cyclicals sector.

Analisis Nilai Persepsi Terhadap Pembelian Impulsif Dengan Sikap dan Kerpercayaan Sebagai Mediasi

Lily Purwianti — 2024-12-21

Di era modern ini, kemudahan akses informasi dan produk melalui internet telah mendorong bangkitnya perilaku pembelian impulsif, khususnya di kalangan masyarakat perkotaan. Tujuan penelitian adalah untuk memahami hubungan antara nilai yang dirasakan terhadap pembelian impulsif, sikap, dan keyakinan. Penelitian ini menggunakan metode penelitian kuantitatif. Teknik pengumpulan data dalam penelitian ini adalah dengan survei dan studi literatur. Metode yang digunakan dalam mengolah data pada penelitian ini adalah Structural Equation Modeling (SEM) melalui software Smart Partial Least Square (Smart PLS).Hasil penelitian menunjukkan bahwa mayoritas responden memiliki persepsi positif terhadap utilitarian value dan hedonis belanja online, sikap positif terhadap belanja online, dan tingkat kepercayaan yang tinggi terhadap platform e-commerce. Perilaku pembelian impulsif dipengaruhi oleh interaksi beberapa faktor utama seperti utilitarian value, nilai hedonis, sikap positif terhadap belanja online, dan kepercayaan terhadap platform e-commerce.

Kata Kunci: Persepsi, Pembelian Impulsif, Sikap, Keyakinan, E-commerce

Analisis Perhitungan Harga Pokok Produksi UMKM Jamu di Kelurahan Rejowingaun Kota Yogyakarta

Dea Susanti Suparyati — 2024-12-21

Micro, Small and Medium Enterprises in running their business sometimes only focus on their sales and pay less attention on fund management so that it becomes an obstacle to growth. The lack of fund management knowledge results in less optimal profit. This study aims to identify production costs of Jamu MSMEs in Rejowinangun Village, Yogyakarta in order to calculate the cost of goods manufactured (COGM) and determine the reasonable selling price. Qualitative and quantitative data were collected through interviews, observation and documentation to allow the researchers to conduct descriptive analysis. The results of the study show that, during 10 years in operation, the business actors in Jamu MSMEs still do not understand how to calculate COGM so it is unknown whether their selling price could covered the costs their have incurred. Furthermore, this study suggests that Jamu MSMEs could adopt full costing or variable costing for calculating COGM. With the right amount of COGM being calculated, the business actors could determine the reasonable selling price of their product so that they may incur their targeted profit.