Lela Hindasah
Universitas Muhammadiyah Yogyakarta, Yogyakarta

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DETERMINANTS OF STUDENT SAVING BEHAVIOR : THE INFLUENCE OF FINANCIAL LITERACY, FAMILY FINANCIAL SOCIALIZATION, SELF-CONTROL AND PEER INFLUENCE Muhammad Luthfi Abdul Maajid; Lela Hindasah
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 10 No 1 (2026): Edisi Januari - April 2026
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v10i1.7316

Abstract

This study examines the influence of financial literacy, family financial socialization, self-control, and peer influence on saving behavior among university students at the Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta. Using survey data from 200 students collected during the 2022–2024 period, saving behavior is operationalized through saving frequency, motivation, objectives, and consistency. The data are analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM). The findings indicate that financial literacy exhibits a positive but statistically insignificant relationship with saving behavior, whereas family financial socialization, self-control, and peer influence demonstrate significant positive effects. The structural model accounts for 37.9% of the variance in saving behavior. Overall, the results suggest that behavioral and social factors play a more prominent role than financial knowledge alone in shaping students’ saving behavior, underscoring the importance of incorporating psychological and social dimensions into financial education initiatives
DETERMINANT ESG PERFORMANCE : THE IMPACT OF SHARIA STATUS, FIRM CHARACTERISTICS AND OWNERSHIP STRUCTURE Lela Hindasah
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 10 No 2 (2026): ON GOING
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v10i2.7478

Abstract

This study aims to analyze the factors influencing Environmental, Social, and Governance (ESG) performance among companies listed on the Indonesia Stock Exchange. The sample consists of 447 firm year observations covering the period from 2021 to 2024. The independent variables examined include Sharia status, firm characteristics namely profitability, leverage, and firm size, as well as ownership structure represented by institutional ownership and foreign ownership. The analysis is conducted using multiple linear regression. The results indicate that Sharia status has a positive and significant effect on ESG performance, suggesting that firms complying with Sharia principles tend to demonstrate better ESG practices than non Sharia firms. In addition, profitability, leverage, and firm size are also found to have positive and significant effects on ESG performance. In contrast, institutional ownership and foreign ownership do not show a significant relationship with ESG performance. These findings highlight that firms’ financial characteristics and adherence to Sharia principles play an important role in enhancing ESG performance. Meanwhile, ownership structure does not appear to be a primary determinant in explaining variations in ESG performance among the sampled firms. This study contributes to the growing literature on ESG determinants in emerging markets and provides practical implications for investors and regulators in promoting sustainable business practices in the Indonesian capital market.