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Journal : Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship

Impact of Credit and Liquidity Risk on Profitability: The Conventional Rural Banks in Riau Islands Province Hesniati, Hesniati; Ellen, Ellen; Marheni, Dewi Khornida
Jurnal Maksipreneur Vol 13 No 2 (2024)
Publisher : Universitas Proklamasi 45

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30588/jmp.v13i2.1667

Abstract

The Covid-19 pandemic drastically changed the world economy, resulting in Indonesia experiencing an economic decline and deflation. The banking industry played a significant role in building the economy, so the financial services authority issued a circular letter regarding the provisions for implementing risk management for conventional rural banks and the new rules for implementing credit restructuring. This study analyzed the impact of credit and liquidity risk of conventional rural banks in the Riau Islands on profitability. Data were extracted from the financial services authority publication report of 42 conventional rural banks in Riau Islands during 2017-2021. The results of panel data analysis with the fixed effect model (FEM) showed that all risks were significantly associated with profitability (ROA), the authors found that the capital adequacy ratio had a positive significance, and the non-performing loan, liquid asset to total asset, loan to deposit ratio, and cash to deposit ratio harmed ROA. The results showed that bank risk management was needed to maintain the profitability of rural banks in Riau Islands Province.
Analisis Pengaruh Intellectual Capital terhadap Financial Performance Perusahaan Energi di Indonesia Putri, Shieny Tan; Hesniati, Hesniati
Jurnal Maksipreneur Vol 14 No 1 (2024)
Publisher : Universitas Proklamasi 45

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30588/jmp.v14i1.1266

Abstract

This study was conducted to determine the effect of intellectual capital on the financial performance of Indonesian companies engaged in the energy sector. This study is a causal-comparative study with company performance as the dependent variable, and intellectual capital efficiency (ICE) as the independent variable consisting of human capital efficiency (HCE), structural capital efficiency (SCE), relational capital efficiency (RCE), and capital employed efficiency (CEE). This study also uses two control variables, i.e. leverage and size. The sample studied was 21 Indonesian companies listed in the energy sector on the Indonesia Stock Exchange (IDX) which were obtained through the purposive sampling method. This study uses secondary data in the form of the company's annual financial reports for five years (2016-2020). The data were analyzed using the panel data regression analysis method, and the results of the analysis found that the independent variable that had a significant and positive effect on company performance was relational capital efficiency (RCE) while the influence of other variables was found to be insignificant.
The Influence of Corporate Social Responsibility to Stock Return Haryanto, Hery; Kelvin, Kelvin; Hesniati, Hesniati
Jurnal Maksipreneur Vol 14 No 2 (2025)
Publisher : Universitas Proklamasi 45

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30588/jmp.v14i2.1759

Abstract

The research investigates the impact of Corporate Social Responsibility (CSR) on stock returns in the mining sector of Indonesia. The study examines data from financial reports and annual reports of 37 Indonesian companies listed on the stock exchange between 2017 and 2021. The research measures stock return using various factors, including corporate social responsibility, firm age, firm size, return on equity (ROE), and return on assets (ROA). The results reveal that there is a significant positive relationship between ROA and stock return. However, firm age shows a significant negative relationship with stock return, whereas firm size, ROE, and CSR do not have a significant effect. The research findings contribute to the existing literature by suggesting that in Indonesia, investors do not consider CSR as a key factor when making investment decisions since they are not particularly interested in the CSR activities undertaken by companies.