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The Effectiveness of Quick Response Code Indonesian Standard (QRIS) in Increasing MSME Transactions at Car Free Day in Merdeka Square, Medan Windi Ayuni, Tyus; Ibrahim Mallam Fali; Rahima Br Purba; Amin Hou; Adi Harianto
Journal of Finance Integration and Business Independence Vol. 2 No. 1 (2026): Journal of Finance Integration and Business Independence
Publisher : YAYASAN BINA BISNIS NUSANTARA MEDAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.64276/jofibi.v2i1.95

Abstract

This study aims to analyze the effectiveness of the use of the Quick Response Code Indonesian Standard (QRIS) in creasing MSME transactions at Car Free Day in Lapangan Merdekea, Medan City. The independent variables in this study are the ease use of QRIS and trust in the use of QRIS, while the dependent variable is the increase in MSME transactions. This study is motivated by the development of digital technology, which has encouraged the transformation of non-cash payment systems in the MSME sector. Although QRIS has been widely adopted, several obstacles still exist, such as limited techonological understanding and low levels of trust in digital payment systems. This study employed a quantitative research method with an associative approach. The population consisted of all culinary business actors at Car Free Day in Lapangan Merdeka, Medan City. The sampling technique used purposive sampling with a total 45 respondents. Data were collected through questionnaires and analyzed using Structural Equation Modelling (SEM) based on Smart PLS. the results indicate that the ease of use of QRIS has a positive and significant effect on increasing MSME transactions, with a path coefficient value of 0.612 an a p-value of 0.000. trust in the use of QRIS also has a positive and significant effect on increasing MSME transactions, with a path coefficient value of 0.684 and a p-value of 0.000. Furthermore, the ease of use and trust in the use of QRIS simultaneously enhance the effectiveness of MSME transactions at Car Free Day in Lapangan Merdeka, Medan City. This study shows that the ease of use and trust in QRIS are important factors in increasing the adoption of digital payments among MSMEs. The use of QRIS provides convenience, security, transcation efficiency and supports the digital transformarion of MSMEs in the digital economy era.
Analysis of Internal Control of Fixed Assets as an Effort to Prevent Fraud: A Case Study at Universitas Pembangunan Panca Budi Aziza, Nur; Purba, Rahima Br; Maisyarah, Renny
Jurnal Akuntansi, Manajemen dan Bisnis Digital Vol 5 No 2 (2026): April
Publisher : LPPJPHKI Universitas Dehasen Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/jambd.v5i2.11013

Abstract

Inadequate internal control over fixed assets can increase the risk of fraud within an organization. Therefore, this study aims to analyze the effect of fixed asset internal control on fraud prevention at Universitas Pembangunan Panca Budi. Internal control in this study is measured based on the five components of the COSO internal control framework, namely control environment, control activities, risk assessment, information and communication, and monitoring. This study employs a quantitative approach using a survey method by distributing questionnaires to respondents involved in the management and utilization of fixed assets. The collected data were analyzed using multiple linear regression with the Ordinary Least Squares (OLS) approach and processed using the EViews application. Prior to regression analysis, classical assumption tests were conducted, including normality, multicollinearity, and heteroskedasticity tests. The results indicate that, simultaneously, fixed asset internal control has a significant effect on fraud prevention. Partially, the control environment, control activities, information and communication, and monitoring have a positive effect on fraud prevention, while risk assessment does not have a significant effect. The classical assumption test results show that the data are normally distributed, free from multicollinearity, and do not exhibit heteroskedasticity, indicating that the regression model is appropriate for use. Based on these findings, it can be concluded that strengthening fixed asset internal control plays an important role in fraud prevention efforts. Therefore, the institution is encouraged to continuously enhance the effectiveness of its internal control system, particularly in the aspects of risk assessment and continuous monitoring.
THE EFFECT OF FRAUD ACCOUNTING AND MONEY TRACING ON THE EFFECTIVENESS OF MONEY LAUNDERING CRIME DISCLOSURE FROM AN ACCOUNTING PERSPECTIVE IN INDONESIA, WITH FORENSIC AUDIT COMPLIANCE AS A MODERATING VARIABLE Ahmad Braja Wahyu; M.Irsan Nasution; Rahima Br Purba
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 6 No. 4 (2026): Multidiciplinary Output Research For Actual and International Issue
Publisher : RADJA PUBLIKA

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

Abstract

This study aims to analyze the influence of fraud accounting and money tracing on the effectiveness of Money Laundering (ML) disclosure in Indonesia, with forensic audit compliance as a moderating variable. The primary background is the phenomenon of investigative inertia, where large volumes of transaction data are not yet optimally converted into financial evidence with evidentiary value. Using a mixed-methods approach dominated by an associative-explanatory quantitative method, this research examines causal relationships among a professional population of investigators, forensic auditors, and prosecutors in Medan City through purposive sampling. Data analysis is conducted using multiple linear regression and Moderated Regression Analysis (MRA). This study positions the quality of forensic financial evidence as the primary proxy for the effectiveness of ML disclosure. Results are expected to show that the systematic application of fraud accounting and money tracing techniques significantly improves the quality of financial evidence. Furthermore, compliance with forensic audit standards is predicted to strengthen this relationship in supporting legal proof processes. This research provides a theoretical contribution to investigative accounting literature and practical benefits for law enforcement in strengthening the construction of financial crime evidence.
Profitabilitas, Likuiditas, Solvabilitas, dan Inflasi Terhadap Harga Saham Pada Perusahaan Pertambangan Subsektor Energi Sari Nanda Miranda Sihombing; Rusmala Tarigan; Arie Pratania Putri; Rahima Br. Purba
Jurnal Akuntansi dan Keuangan Kontemporer (JAKK) Vol 9, No 1 (2026): Maret 2026
Publisher : Jurnal Akuntansi dan Keuangan Kontemporer (JAKK)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/jakk.v9i1.29948

Abstract

Tujuan Penelitian: Penelitian ini bertujuan untuk menganalisis pengaruh profitabilitas, likuiditas, solvabilitas, dan inflasi terhadap harga saham pada perusahaan pertambangan subsektor energi yang terdaftar di Bursa Efek Indonesia selama periode 2022–2024.Metode Penelitian: Penelitian ini menggunakan pendekatan kuantitatif dengan regresi linier berganda, menganalisis data sekunder dari laporan keuangan tahunan perusahaan. Variabel yang dianalisis meliputi Return on Equity (ROE), Current Ratio (CR), Debt to Equity Ratio (DER), dan inflasi.Originalitas: Penelitian ini mengisi celah akademis dengan mengkaji pengaruh faktor-faktor fundamental terhadap harga saham perusahaan pertambangan subsektor energi di Indonesia, yang jarang dibahas dalam literatur sebelumnya.Hasil Penelitian: ROE berpengaruh positif dan signifikan terhadap harga saham, sementara CR tidak berpengaruh. DER dan inflasi menunjukkan pengaruh negatif dan signifikan terhadap harga saham.Implikasi: Temuan ini memberikan wawasan bagi investor dan manajemen perusahaan dalam pengambilan keputusan investasi dan strategi keuangan, dengan penekanan pada pentingnya profitabilitas dan pengelolaan utang. Research Objective: This study aims to analyze the impact of profitability, liquidity, solvency, and inflation on stock prices of energy subsector mining companies listed on the Indonesia Stock Exchange during the 2022–2024 period.Research Method: This study uses a quantitative approach with multiple linear regression, analyzing secondary data from the companies' annual financial statements. The variables analyzed include Return on Equity (ROE), Current Ratio (CR), Debt to Equity Ratio (DER), and inflation.Originality: This research fills an academic gap by examining the influence of fundamental factors on stock prices of energy subsector mining companies in Indonesia, a topic that has been rarely discussed in the existing literature.Research Findings: ROE has a positive and significant impact on stock prices, while CR shows no effect. DER and inflation have a negative and significant impact on stock prices.Implications: The findings provide valuable insights for investors and company management in making investment decisions and financial strategies, emphasizing the importance of profitability and debt management.
Faktor yang mempengaruhi Financial Distress pada Perusahaan Manufaktur Sub Sektor Tekstil dan Garmen yang terdaftar di Bursa Efek Indonesia Brambir Kaur; Hana Brigit Tina br Sebayang; Arie Pratania Putri; Rahima br Purba
Jurnal Akuntansi dan Keuangan Kontemporer (JAKK) Vol 9, No 1 (2026): Maret 2026
Publisher : Jurnal Akuntansi dan Keuangan Kontemporer (JAKK)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/jakk.v9i1.30263

Abstract

Tujuan Penelitian: Penelitian ini bertujuan untuk menganalisis pengaruh Likuiditas, Solvabilitas, Profitabilitas, dan Ukuran Perusahaan terhadap kondisi Financial Distress pada perusahaan tekstil dan garmen yang terdaftar di Bursa Efek Indonesia (BEI) periode 2020–2024, sekaligus mengidentifikasi variabel yang memiliki pengaruh dominan.Metode Penelitian: Penelitian ini menggunakan metode kuantitatif dengan pendekatan deskriptif verifikatif. Data berupa laporan keuangan tahunan (data sekunder) diperoleh dari situs resmi BEI. Sampel ditentukan dengan purposive sampling sebanyak 13 perusahaan (65 observasi). Analisis dilakukan menggunakan regresi linier berganda dengan bantuan SPSS untuk menguji pengaruh secara parsial dan simultan.Originalitas/Novelty: Kebaruan penelitian ini terletak pada penggunaan periode terbaru (2020–2024) yang mencakup masa krisis hingga pemulihan pasca pandemi COVID-19, serta pengintegrasian empat indikator keuangan utama dalam satu kerangka analisis yang disesuaikan dengan karakteristik sektor tekstil dan garmen sektor yang sangat sensitif terhadap penurunan ekspor dan guncangan ekonomi. Penelitian ini memberikan bukti empiris baru yang belum banyak dikaji secara mendalam pada konteks industri ini pasca tahun 2020.Hasil Penelitian: Hasil penelitian menunjukkan bahwa Likuiditas, Solvabilitas, Profitabilitas, dan Ukuran Perusahaan memiliki pengaruh signifikan terhadap kondisi Financial Distress, baik secara parsial maupun simultan. Secara Parsial, Likuiditas dan Profitabilitas berpengaruh negatif (semakin tinggi nilainya, semakin rendah resiko kesulitan keuangan), sedangkan Solvabilitas berpengaruh positif (semakin tinggi utang, semakin besar risiko Financial Distress). Ukuran Perusahaan berpengaruh negatif namun dengan tingkat signifikan lebih rendah. Variabel Profitabilitas terindentifikasi sebagai faktor yang paling dominan memengaruhi kondisi Financial Distress.Implikasi: Penelitian ini memberikan implikasi bagi investor dan manajemen perusahaan sebagai bahan pertimbangan dalam mengidentifikasi risiko Financial Distress serta dalam pengambilan keputusan strategis guna menjaga stabilitas dan kelangsungan usaha di tengah ketidakpastian ekonomi. Research Objectives: This study aims to examine the effect of Liquidity, Solvency, Profitability, and Firm Size on Financial Distress in textile and garment companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period, while also identifying the most dominant influencing variabel.Research Method: This study employs a quantitative method with a descriptive verificative approach. The data used are secondary data in the form of annual financial statements obtained from the official Indonesia Stock Exchange (IDX) website. The sample was selected using purposive sampling, consisting of 13 companies (65 observations).  Data analysis was conducted using multiple linear regression with SPSS to test both partial and simultaneous effects.Originality/Novelty: The novelty of this study lies in the use of the latest period (2020–2024), covering the crisis period through economic recovery following the COVID-19 pandemic, as well as the integration of four key financial indicators within an analytical framework adapted to the characteristics of the textile and garment sector an industry highly sensitive to export decline and economic shocks. This study provides updated empirical evidence that has not been extensively explored in depth within this industrial context post 2020.Research Results: The results indicate that Liquidity, Solvency, Profitability, and Firm Size have a significant effect on Financial Distress, both partially and simultaneously. Partially, Liquidity and Profitability show a negative effect (higher values reduce the risk of financial distress), while Solvency shows a positive effect (higher debt levels increase the risk of Financial Distress). Firm Size has a negative effect but with a lower significance level. Profitability is identified as the most dominant factor influencing Financial Distress conditions.Implications: This study provides implications for investors and company management as a reference for identifying the risks of financial distress and for making strategic decisions to maintain business stability and sustainability amid economic uncertainty.
PENGARUH UKURAN PERUSAHAAN, STRUKTUR MODAL, PERTUMBUHAN PENJUALAN, DAN PERPUTARAN ASET TERHADAP NET PROFIT MARGIN PADA PERUSAHAAN SEKTOR TEKNOLOGI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2022-2024 Indah Leony Panjaitan; Bella Ariboho Sihaloho; Arie Pratania Putri; Rahima Br Purba
JURNAL LENTERA BISNIS Vol. 15 No. 2 (2026): JURNAL LENTERA BISNIS, Mei 2026
Publisher : POLITEKNIK LP3I JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34127/jrlab.v15i2.2322

Abstract

This study aims to analyze and examine the effect of company size, capital structure, sales growth, and asset turnover on net profit margin in technology sector companies listed on the Indonesia Stock Exchange for the 2022-2024 period. The population studied included all 46 technology sector companies listed on the IDX. The sampling technique used was purposive sampling, resulting in 15 companies as samples. The data analysis method used was multiple linear regression analysis. The results showed that capital structure and asset turnover partially influenced net profit margin. Meanwhile, company size and sales growth did not. The results showed that company size, capital structure, sales growth, and asset turnover simultaneously influenced net profit margin. The coefficient of determination analysis showed that the combination of company size, capital structure, sales growth, and asset turnover explained 20.4% of the variation in net profit margin, while the remaining 79.6% was influenced by other variables.
Pengaruh Kinerja Keuangan terhadap Financial Distress Cindy Mutianta Br. Ginting; Arie Pratania Putri; Rahima Br Purba
Jurnal Ekonomi, Manajemen, Akuntansi dan Keuangan Vol. 7 No. 4 (2026): October
Publisher : Penerbit Jurnal Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53697/emak.v7i4.4153

Abstract

Penelitian ini bertujuan untuk menyelidiki bagaimana kinerja keuangan memengaruhi kerentanan terhadap financial distressdi perusahaan ritel yang terdaftar di Bursa Efek Indonesia (IDX) dari tahun 2020 hingga 2024. Pentingnya eksplorasi ini digarisbawahi oleh laporan Peringatan Financial distress (ADA) yang dirilis pada awal tahun 2024, yang menunjukkan pemulihan pasca-pandemi yang rapuh untuk perdagangan ritel, dengan sekitar 44% bisnis mengalami stagnasi. Dengan menggunakan pendekatan kuantitatif yang berpusat pada analisis deskriptif dan verifikasi hipotesis, pemilihan sampel dilakukan melalui purposive sampling. Parameter yang dibutuhkan adalah perusahaan harus mempertahankan pencatatan aktif di IDX, menyajikan laporan keuangan tahunan yang diaudit secara konsisten, dan memberikan indikator operasional yang komprehensif. Akibatnya, 18 perusahaan ritel memenuhi tolok ukur ini, menghasilkan 90 observasi berbeda selama jangka waktu 5 tahun tersebut. Kesehatan keuangan perusahaan diukur melalui empat dimensi inti: Return on Assets (ROA) untuk profitabilitas, Quick Ratio (QR) untuk likuiditas, Debt to Assets Ratio (DAR) untuk leverage, dan Total Assets Turnover (TATO) untuk efisiensi. Sebaliknya, risiko insolvensi perusahaan ditentukan dengan menggunakan kerangka kerja Altman Z-Score yang dimodifikasi, yang dikonversi ke format dummy biner (0 mewakili tidak mengalami kesulitan dan 1 mewakili kesulitan). Karena hasil yang diprediksi bersifat kategorikal, teknik regresi logistik digunakan untuk analisis data. Temuan empiris menunjukkan bahwa, secara kolektif, metrik keuangan memberikan dampak yang signifikan terhadap probabilitas kesulitan, dibuktikan dengan nilai signifikansi gabungan sebesar 0,000. Namun, secara individual, tidak ada satu pun indikator yang muncul sebagai peramal independen yang signifikan; tingkat signifikansi parsial berada pada 0,114 untuk ROA, 0,091 untuk QR, 0,161 untuk DAR, dan 0,062 untuk TATO. Meskipun demikian, model yang diestimasi menunjukkan kapasitas prediksi yang luar biasa, yang ditunjukkan oleh akurasi klasifikasi sebesar 95,6% dan Nagelkerke R-Square sebesar 94,7%. Pada akhirnya, studi ini menyimpulkan bahwa kerangka diagnostik holistik—yang menggabungkan metrik akuntansi internal dengan kekuatan eksogen seperti pergeseran makroekonomi, fluktuasi permintaan konsumen, dan tata kelola internal—sangat penting untuk menangkap spektrum penuh dinamika kesulitan keuangan.
Pengaruh Current Ratio, Return On Asset, Earning Per Share, Dan Debt To Equity Ratio Terhadap Harga Saham Pada Subsektor Makanan Dan Minuman Nabila Febriyanti; Raselda Kamaruddin; Arie Pratania Putri; Rahima Br Purba
Management Studies and Entrepreneurship Journal (MSEJ) Vol. 7 No. 4 (2026): Management Studies and Entrepreneurship Journal (MSEJ)
Publisher : Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/msej.v7i4.10644

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Current Ratio, Return on Assets, Earning Per Share, dan Debt to Equity Ratio terhadap harga saham pada perusahaan subsektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia pada periode 2022–2024. Penelitian ini menggunakan pendekatan kuantitatif dengan metode regresi linier berganda. Data diperoleh dari laporan keuangan tahunan perusahaan yang dipublikasikan secara resmi. Hasil penelitian menunjukkan bahwa variabel Current Ratio, Return on Assets, dan Debt to Equity Ratio berpengaruh positif dan signifikan terhadap harga saham, sedangkan Earning Per Share berpengaruh negatif terhadap harga saham. Temuan ini mengindikasikan bahwa kinerja keuangan perusahaan, khususnya likuiditas, profitabilitas, dan penghasilan per saham, merupakan faktor penting yang memengaruhi harga saham, sementara tingkat utang relatif terhadap modal cenderung menurunkan nilai saham. Penelitian ini diharapkan memberikan masukan bagi investor dan manajemen perusahaan dalam pengambilan keputusan investasi dan strategi keuangan.
Co-Authors , Oktarini Khamilah Siregar ., Nurlinda Abdizil Ikhram Lubis Adi Harianto Agus Tripriyono Agus Tripriyono Ahmad Braja Wahyu Ahmad Braja Wahyu Ajie Rahman Akhiril Akbar Hasibuan Amin Hou Amnisuhaila Abarahan Ancer Martati Ndraha Andreanov Angel Angel Angel Marcella Leonardi Arasta, M. Diaz Arie Pratania Putri Arie Pratania Putri Arie Pratania Putri Aris Setiono Armanda, Dian Arwin Arwin Aryasta, Muhammad Irza Azima Mendina Amrul Aziza, Nur Azzahra, Wirda Bagus Kuncoro Bella Ariboho Sihaloho Benny Pasaribu Brambir Kaur Callista Cungka Caroline Caroline Catherina Catherina Celine Dion Cindy Mutianta Br. Ginting Cindy Patricia Wijaya Daniel Kelvin Parulian Simanjuntak Darwin Darwin Dessy Adriana Pakpahan Doni Molana Dwi Saraswati Elda Nadia Pasaribu Elfira Putri Erlina Erlina Evelyn Meigawati Fadhlan Fachri Faisal Adrian Nasution Febriyanti, Nabila Feby Wulandari Sembirinng Fildzah Shabrina Fitri Yani Panggabean Fricillia Vina Cindy Tioria Sitorus G. Gunawan Hafni, Naina Yulia Hana Brigit Tina br Sebayang Harsono Harsono Haryono Umar HASUGIAN, Marnita Heriyati Chrisna Herlina A.N Nasution Hotman Ds Ibrahim Mallam Fali Indah Leony Panjaitan Indriani, Agustina Intan Fazri Hairani Isbet Yani Iskandar Muda Ismail Junawan Junawan Junawan Junawan Junawan, Junawan Junidwan, Alditra Dwiky Juninetenth Keeply F Sitanggang Kamaruddin, Raselda Karyaningsih, Karyaningsih Lasson Padang Lia Nazliana Nasution Lidya Natalia Lubis, Anggi Fadila M Fakhri Ulsar Sirait M. Irsan Nasution M. Irsan Nasution Marudut Lumban Gaol Meilisa Fajarwati Mhd Ihsan Abidi Mika Debora Br Barus Moratia Suci Pratiwi Muhammad Luthfi Muhammad Rifandy Perwanto Nabila Febriyanti Namira Azani Napitupulu, Topan Lilian Noviani Noviani Nur Aziza Nurlinda Popy Wulandari Prayogo Aldino Crismanov Nainggolan Priadi, Dina Puspita Puja Rizqi Ramadhan Putra, Irwansyah Putri Enzelina Nababan Radiyah, Fitra Tur Ramadhan, Puja Rizqy Ramadhani, Windy Raselda Kamaruddin Renny Maisyarah Ricky Ricky Rimba Simanjuntak Riza Milianda Kasa Rowiyah Asengbaramae Rusmala Tarigan Sahnidar Salman Farizi Sari Nanda Miranda Sihombing Sari, Tri Dessy Ratna Saribulan Tambunan Shellin, Shellin Siti Haliza Siti Safaria Sitompul, Abdul Habib Sitorus, Zulham Situmorang, Daniel Sofiyanti Gulo Sofiyanti Gulo Soulthan Saladin Batubara Tambunan, Saribulan Tengku Narasiya Adiza Tengku Sheila Chairunisa Theresia Atika Sari Br. Ginting Topan Lilian Napitupulu Totona Berkat Elsuna Zebua Tri Dessy Ratna Sari Tripriyono, Agus Tyus Windi Ayuni Ulfa Zahra Vhasco AG. Siagian Vina Wani Nasution Wan Fachruddin Wan Fachruddin Welda Mudiar Willi Matulesi Sibarani William William Winda Ocviana Wiwik Apriani Yandri Doni