Munawarah Munawarah
Universitas Tadulako, Sulawesi Tengah, Indonesia

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Pengaruh Modal Sendiri dan KUR terhadap Pendapatan UMKM di Kecamatan Sindue Ayuni Ayuni; Munawarah Munawarah; Juliana Kadang; Fera Fera
Studi Akuntansi, Keuangan, dan Manajemen Vol 5 No 1 (2025): July
Publisher : Penerbit Goodwood

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/sakman.v5i1.4205

Abstract

Purpose: This study seeks to investigate the impact of personal capital and People's Business Credit on the revenue of Micro, Small, and Medium Enterprises (MSMEs) in Sindue District, Donggala Regency. Methodology: The study employed a quantitative verification approach, focusing on grocery stall MSMEs in Sindue District. Using purposive sampling, 110 respondents were selected. Both primary and secondary data were analyzed through multiple linear regression. Results: The findings revealed that MSME revenue in Sindue District was significantly and positively influenced by Own Capital (52.4%) and People's Business Credit (39.8%), with both variables explaining 76.9% of the revenue variation. The remaining 23.1% was attributed to other factors not examined in this study. Conclusions: Own capital and KUR both significantly boost MSME income in Sindue District. Own capital offers flexibility, while KUR supports production. However, access barriers remain. Combining both funding sources is key to MSME growth. Limitations: This study focused solely on MSMEs in Sindue District. Future research should expand the sample size and include additional variables, such as pricing strategies and financial management, to provide deeper insights into factors affecting business income. Contribution: This study's findings are anticipated to assist the government and financial institutions enhance targeted financing policies and aid MSMEs in their financial decision-making.
Pengaruh Kinerja Keuangan terhadap Return Saham Perusahaan Perikanan yang Terdaftar di Bursa Efek Indonesia Periode 2021-2025 Widiani Widiani; Mohammad Nofal; Munawarah Munawarah; Rizkiani Iskandar
Journal of Accounting and Finance Management Vol. 7 No. 2 (2026): Journal of Accounting and Finance Management (May - June 2026)
Publisher : DINASTI RESEARCH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/jafm.v7i2.3401

Abstract

Penelitian ini bertujuan untuk menguji pengaruh ROA, DER, dan AT terhadap return saham perusahaan perikanan yang terdaftar di Bursa Efek Indonesia. Periode penelitian berlangsung selama 5 tahun, dari tahun 2021 hingga tahun 2025. Penelitian ini menggunakan data keuangan yang berasal dari dua sumber, yaitu Situs Bursa Efek Indonesia dan Yahoo Finance. Analisis regresi dengan menggunakan Fixed Effect Model menemukan bahwa Return on Assets (ROA) dan Total Asset Turnover (AT) berpengaruh positif dan signifikan terhadap return saham, sedangkan Debt to Equity Ratio (DER) berpengaruh positif tetapi tidak signifikan terhadap return saham. Hasil ini menunjukkan bahwa investor lebih mempertimbangkan kemampuan perusahaan dalam menghasilkan laba dan efektivitas pemanfaatan aset dibandingkan dengan tingkat penggunaan utang dalam pengambilan keputusan investasi saham di sektor perikanan. Hasil penelitian ini dapat menjadi bahan pertimbangan bagi perusahaan perikanan dalam meningkatkan kepercayaan investor.