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Operational Risk Control Strategy in Sharia Cooperatives Nur Kholis; Vivin Maharani Ekowati
MALIA: Jurnal Ekonomi Islam Vol 15 No 1 (2023)
Publisher : Department of Islamic Economics, Faculty of Islamic Religion, Yudharta University Pasuruan, East Java, Indonesia.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35891/ml.v15i1.3942

Abstract

This research aims to identify risk management strategies in the LKS Al Yasini sharia cooperative. LKS Al Yasini is a sharia-based financial institution located in Pasuruan, East Java. This study is important to carry out because operational risks still occur frequently and will always occur, although in different and new forms. Therefore, sharia cooperatives need to improve their operational risk management to maintain their existence and increase member trust. The research method used in this research is descriptive with a field research approach. The results of this research indicate that implementing security system improvements and enhancements is very important for sharia cooperatives to control potential risks that may arise. The implications of this research provide an important contribution in increasing understanding of operational risk management in the context of Islamic financial institutions and can serve as a guide for improvements and enhancements in the future.
BUILDING EMPLOYEE PERFORMANCE: THE ROLE OF REWARD AND PUNISHMENT MEDIATED BY WORK DISCIPLINE Ekowati, Vivin Maharani; Supriyanto, Achmad Sani; Permadani, Viola Putri; Fahreza Sani, Ahmad Firza
JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) Vol 10, No 2 (2024): Vol 10, No. 2 (2024)
Publisher : Universitas Pakuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34203/jimfe.v10i2.9686

Abstract

ABSTRACTThe research aims to test and analyze the effect of reward and punishment on employee performance and determine whether work discipline mediates the effect of reward on employee performance and whether work discipline mediates the effect of punishment on employee performance. The population of this research is PDAM Malang employees, totaling 329 permanent employees. The sample size was determined using the Slovin formula with a precision of 10%, so the sample size was 77 employees. The sample determination method used was simple random sampling. The research method uses Path Analysis. The research results show that reward and punishment do not directly influence employee performance. Work discipline mediates the effect of reward and punishment on employee performance. Work discipline can help employees better understand their work and provide more insight into evaluating their performance. The findings of this research can be applied to improve employee performance by giving rewards and applying punishment through work discipline so that organizational goals can be achieved.ABSTRAKTujuan penelitian adalah untuk menguji dan menganalisis pengaruh reward dan punishment terhadap kinerja karyawan, disiplin kerja memediasi pengaruh reward terhadap kinerja karyawan, dan disiplin kerja memediasi pengaruh punishment terhadap kinerja karyawan. Populasi penelitian ini adalah karyawan PDAM Malang berjumlah 329 pegawai tetap. Jumlah sampel ditentukan dengan menggunakan rumus Slovin dengan presisi 10% maka ukuran sampel adalah 77 orang pegawai. Metode penentuan sampel yang digunakan yaitu simple random sampling. Metode penelitian menggunakan Path Analysis. Hasil penelitian menunjukkan bahwa reward dan punishment tidak memiliki pengaruh langsung terhadap kinerja pegawai. Disiplin kerja memediasi pengaruh reward dan punishment terhadap kinerja pegawai. Disiplin kerja dapat membantu pegawai lebih memahami pekerjaan dan memberikan pemahaman lebih tentang evaluasi atas kinerja mereka. Temuan penelitian ini dapat diaplikasikan untuk meningkatkan kinerja karyawan dengan memberikan penghargaan dan menerapkan hukuman melalui disiplin kerja, sehingga tujuan organisasi dapat tercapai.
Liquidity and Leverage Impact on Islamic Bank Value: A Test on Multigroup Moderated Mediation Effect Ahmad, Yusuf Falaqi; Ekowati, Vivin Maharani; Meldona
Journal of Islamic Economics and Finance Studies Vol 6 No 1 (2025): JIEFeS, June 2025
Publisher : Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47700/jiefes.v6i1.10869

Abstract

Firm value is a critical indicator for evaluating a company's performance and future prospects in the market. Factors such as liquidity, leverage, and dividend policy can influence firm value, particularly in the Islamic banking sector, which is characterized by distinct financial management principles. This study aims to examine the impact of liquidity and leverage on firm value, with profitability serving as a mediating variable and dividend policy as a moderating variable. The analysis focuses on Islamic Commercial Banks in Indonesia, Pakistan, and Bangladesh over the period 2019–2023. A quantitative research approach is employed, utilizing Moderated Regression Analysis (MRA) and Path Analysis. The sample comprises financial statement data from Islamic Commercial Banks in the three countries. The independent variables are liquidity, measured by the Current Ratio (CR), and leverage, measured by the Debt to Equity Ratio (DER). The dependent variable is firm value, proxied by the Price to Book Value (PBV). Profitability, measured by Return on Assets (ROA), functions as the mediating variable, while the Dividend Payout Ratio (DPR) represents the moderating variable. he findings reveal that both liquidity and profitability have a significant positive effect on firm value, while leverage exerts a significant negative effect. Profitability mediates the relationship between leverage and firm value but does not mediate the relationship between liquidity and firm value. Additionally, dividend policy does not moderate the effect of either liquidity or leverage on firm value. These results suggest that Islamic bank management should prioritize enhancing liquidity and profitability to improve firm value, while also exercising caution in managing leverage due to its adverse impact. Furthermore, as dividend policy does not function effectively as a moderating mechanism, strategies aimed at increasing firm value should focus more on strengthening fundamental financial performance.
Understanding The Drivers of Interest in Fintech Adoption: Examining The Moderating Influence of Religiosity Baharuddin, Jukri; Supriyanto, Achmad Sani; Siswanto, Siswanto; Ekowati, Vivin Maharani
Jurnal Aplikasi Bisnis dan Manajemen Vol. 9 No. 3 (2023): JABM Vol. 9 No. 3, September 2023
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.9.3.695

Abstract

Fintech is an innovation in financial services with the application of modern technology to introduce practicality, convenience, ease of access, and affordable costs. The purpose of this study was to examine the impact of attitudes, subjective norms, and behavioral control in the theory of planned behavior on interest in utilizing fintech, using religiosity as a moderation variable. This research is a quantitative study with explanatory research method to prove the research hypotheses. Data were gathered through the distribution of questionnaires to 570 respondents who had or were utilizing fintech, and analyzed using partial least squares (PLS). The findings revealed that attitudes, subjective standards, and behavioral control had a substantial impact on interest in utilizing fintech, while religiosity does not moderate the relationship between variables. As a result, fintech service providers are advised to increase positive assessments of the use of fintech services, to make use of social media, and to collaborate with influencers to hype up Indonesians' interest in using fintech. The research findings could be useful for increasing interest in utilizing fintech by engaging in tangible consumer financial and technology education that supports wider adoption of fintech. Keywords: planned behavior, subjective norm, behavioral control, fintech
Peran Job Satisfaction sebagai Pemediasi Pengaruh Employee Engagement dan Organizational Commitment Terhadap Employee Performance Febria Agustianingsih; Vivin Maharani Ekowati
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 5 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i5.1994

Abstract

Management is a process of coordinating activities with the aim of time efficiency through cooperation with others. The company will be able to achieve organizational goals if it has employees with good performance. The purpose of this study was to examine the impact of employee engagement, organizational commitment on employee performance using job satisfaction as a mediation variable. This research is a quantitative study with explanatory research method to prove the research hypotheses. Data were gathered through the distribution of questionnaires to 88 respondents, and analyzed using partial least squares (PLS). The result of this study show that employee engagement directly affects employee performance, organizational commitment directly affects employee performance, Job satisfaction mediates the influence of employee engagement on employee performance and Job satisfaction mediates the influence of  organizational commitment on employee performance.
Peran Motivasi Sebagai Pemediasi Pengaruh Kompensasi, Self Efficacy Terhadap Kinerja Pegawai Husni Azahiroh; Vivin Maharani Ekowati
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 5 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i5.2098

Abstract

The aim of this research is to examine and analyze the role of motivation as a mediator in the influence of compensation and self-efficacy on employee performance. The research was conducted at the Secretariat of The Regional House of Representatives of Malang Regency using explanatory research design and quantitative approach methods. The study population consisted of 86 people with sample selection using a saturated sampling technique. Data were obtained through interviews, literature studies, and questionnaires distributed to respondents. Data analysis was carried out using SmartPLS 4.1 with several testing stages including outer model test, inner model test, hypothesis testing, and mediation testing. The results showed that: 1) positively and significantly compensation affects employee performance with a p-value of 0.002, 2) positively and significantly self efficacy affects employee performance with a p-value of 0.010, 3) positively and significantly motivation affects employee performance with a p-value of 0.000, 4) motivation has a mediating role on the effect of compensation on employee performance with a p-value of 0.009, and 5) motivation has a mediating role on the influence between self 5) motivation has a mediating role on the effect of self efficacy on employee performance with a p-value of 0.007.
Reconstructing Islamic Human Development Index in Indonesia Arsyad, Maulana Kamal; Supriyanto, Achmad Sani; Ekowati, Vivin Maharani
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 12 No. 4 (2025): November-2025
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol12iss20254pp389-405

Abstract

This study aims to examine the construct validity of the Islamic Human Development Index (IHDI) indicators developed by Anto 2011 and Rama & Yusuf 2019 in the context of human development in Indonesia to ensure an appropriate index is obtained. The analysis method used is Principal Component Analysis (PCA) with secondary data from 34 provinces in Indonesia for the year 2024. The results show that two indicators, namely the zakat to GDP ratio and the Gini ratio, were eliminated due to high inter-regional variability. The study identifies four main components that form the IHDI, which are the socio-religious dimension, quality of life, economic welfare, and social mobility, explaining a total variance of 75.72 percent. The novelty of this research lies in the empirical reconstruction of the IHDI using the PCA approach, which produces a measurement structure more representative of the socio-economic conditions in Islamic Indonesia compared to the commonly used IHDI. The findings suggest that the PCA-based IHDI model can serve as a foundation for formulating more representative inter-provincial policies in Indonesia aligned with Islamic ethical values at the provincial level.