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Prediction of Financial Distress in Retail Companies Using Long-Short Term Memory (LSTM) Windasari, Wahyuni; Zakiyah, Tuti
Jurnal RESTI (Rekayasa Sistem dan Teknologi Informasi) Vol 9 No 3 (2025): June 2025
Publisher : Ikatan Ahli Informatika Indonesia (IAII)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29207/resti.v9i3.6217

Abstract

Financial distress is a condition in which an entity struggles to meet its debt and operating obligations.. Financial distress can lead to bankruptcy or company closure if corrective action is not taken. This study aims to forecast financial distress in retail companies by utilizing key financial ratios, including Total Asset Turnover (TATO), Current Ratio (CR), Return on Assets (ROA), and Debt-to-Equity Ratio (DER). The analysis is based on secondary data from Indonesian retail companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period. The dataset exhibited missing values and class imbalance, which were addressed using mean imputation and the Synthetic Minority Oversampling Technique (SMOTE), respectivelyTo perform predictions, a Long Short-Term Memory (LSTM) model was implemented. The integration of SMOTE contributed to enhanced detection of the minority class; however, it was accompanied by a slight reduction in overall predictive accuracy. The model demonstrated a performance accuracy of 86%, with a recall rate of 85%, a precision of 100%, and an F1-score of 92%.
Analisis Kinerja Keuangan Perusahaan yang Terdaftar di Bursa Efek Indonesia (BEI) Sebelum dan Sesudah Akuisisi Susanti, Riski; Zakiyah, Tuti
Jurnal Ilmiah Mahasiswa Manajemen, Bisnis dan Akuntansi (JIMMBA) Vol. 4 No. 4 (2022): JIMMBA
Publisher : LP3M Universitas Putra Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32639/jimmba.v4i4.145

Abstract

Penelitian ini bertujuan untuk menganalisis perbedaan kinerja keuangan perusahaan sebelum dan sesudah melakukan akuisisi pada perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) yang diproksikan dengan rasio keuangan Return on Asset (ROA), Current Ratio (CR), Debt to Equity Ratio (DER), dan Earning Per Share (EPS). Penelitian ini dilakukan menggunakan metode kuantitatif dengan mengambil data dari seluruh perusahaan yang melaporkan kegiatan akuisisinya ke Komisi Pengawas Persaingan Usaha (KPPU) pada tahun 2017 dan terdaftar dalam Bursa Efek Indonesia (BEI). Teknik pengambilan sampel dalam penelitian ini menggunakan metode purposive sampling dan terpilihlah 7 perusahaan yang menjadi sampel. Periode yang digunakan dalam penelitian ini yaitu 3 tahun sebelum dan 3 tahun sesudah akuisisi. Penelitian ini menggunakan tiga analisis data yaitu uji statistik deskriptif, uji normalitas dengan metode One Sample Kolmogorov-Smirnov, dan uji hipotesis dengan uji non parametric menggunakan Wilcoxon Signed Rank Test. Hasil dari uji parsial dengan menggunakan Wilcoxon Signed Rank Test didapatkan adanya perbedaan pada rasio ROA dan EPS pada beberapa periode perbandingan. Sedangkan pada rasio CR dan DER tidak menunjukkan adanya perbedaan pada semua periode perbandingan.
Pengaruh Kinerja Keuangan terhadap Return Saham pada Sektor Properti dan Real Estate Periode Tahun 2019-2021 dengan Inflasi sebagai Variabel Moderasi Hartati, Yuli Rien; Zakiyah, Tuti
Jurnal Ilmiah Mahasiswa Manajemen, Bisnis dan Akuntansi (JIMMBA) Vol. 5 No. 4 (2023): JIMMBA
Publisher : LP3M Universitas Putra Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32639/jimmba.v5i4.505

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh Return on Asset (ROA), Earning Per Share (EPS), Current Ratio (CR) dan Debt to Equity Ratio (DER) terhadap return saham dengan inflasi sebagai variabel moderasi pada perusahaan properti dan real estate periode tahun 2019-2021. Populasi yang digunakan dalam penelitian ini adalah perusahaan properti dan real estate yang terdaftar di Bursa Efek Indonesia (BEI) dengan jumlah keseluruhan 83 perusahaan. Metode pengambilan sampel pada penelitian ini adalah metode purposive sampling dengan jumlah sampel sebanyak 41 perusahaan sehingga menghasilkan data berjumlah 123. Teknik analisis yang digunakan dalam penelitian ini adalah analisis regresi data panel dan Moderated Regression Analysis (MRA) dengan menggunakan progam Eviews 12 versi student lite. Hasil penelitian ini menunjukkan bahwa Return on Asset (ROA), Earning Per Share (EPS) dan Debt to Equity Ratio (DER) tidak berpengaruh terhadap return saham, Current Ratio (CR) berpengaruh positif terhadap return saham serta inflasi mampu memperlemah hubungan Return on Assets (ROA) terhadap return saham, inflasi tidak mampu memoderasi hubungan Earning Per Share (EPS), Current Ratio (CR) dan Debt to Equity Ratio (DER) terhadap return saham.
Pengaruh Profitabilitas, Kebijakan Hutang, dan Kepemilikan Institusional Terhadap Kebijakan Dividen (Pada Perusahaan Manufaktur Periode 2019-2021) Aryati, Devi; Zakiyah, Tuti
Jurnal Ilmiah Mahasiswa Manajemen, Bisnis dan Akuntansi (JIMMBA) Vol. 6 No. 1 (2024): JIMMBA
Publisher : LP3M Universitas Putra Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32639/8d7rrt34

Abstract

Penelitian ini bertujuan untuk menguji pengaruh profitabilitas, kebijakan hutang, dan kepemilikan institusional terhadap kebijakan dividen perusahaan manufaktur di Bursa Efek Indonesia (BEI). Penelitian dikumpulkan dari laporan tahunan Bursa Efek Indonesia (BEI) yang terdiri dari 214 perusahaan. Populasi yang digunakan dalam penelitian ini sebanyak 214 perusahaan manufaktur. Model penelitian ini adalah deksriptif kuantitatif. Penentuan sampel dilakukan dengan menggunakan metode purposive sampling. Berdasarkan metode purposive sampling diperoleh sampel sebanyak 44 perusahaan manufaktur. Teknik analisis data yang digunakan adalah Analisis Regresi Linier Berganda. Hasil penelitian menunjukkan secara parsial profitabilitas tidak berpengaruh terhadap kebijakan dividen, kebijakan hutang berpengaruh terhadap kebijakan dividen, dan kepemilikan institusional tidak berpengaruh terhadap kebijakan dividen.
Peran Kebijakan Dividen dalam Memediasi Pengaruh Keputusan Investasi dan Profitabilitas Terhadap Nilai Perusahaan Anita, Sri; Zakiyah, Tuti
Jurnal Inovasi Bisnis Manajemen dan Akuntansi Vol. 1 No. 1 (2023): JIBMA : Jurnal Inovasi Bisnis Manajemen dan Akuntansi
Publisher : PT. Karya Inovatif Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65255/jibma.v1i1.4

Abstract

This research aims to determine the effect of investment decisions proxied by PER, profitability proxied by NPM, dividend policy proxied by DPR on company value proxied by PBV in Consumer Goods Industrial Sector Companies listed on the Indonesia Stock Exchange (BEI) for the 2015-2019 period. . The analysis technique used in this research is path analysis. The research results show that investment decisions (PER) have no significant effect on dividend policy (DPR), profitability (NPM) have a significant effect on dividend policy (DPR), investment decisions (PER) have a significant effect on firm value (PBV), profitability (NPM) significant effect on company value (NPM), dividend policy (DPR) has a significant effect on company value (PBV), investment decisions (PER) on company value (PBV) through dividend policy (DPR) shows that investment decisions have no effect on company value through dividend policy, profitability (NPM) on company value (PBV) through dividend policy (DPR) shows that profitability has no effect on company value through dividend policy
Pengaruh Faktor-faktor Ekonomi Makro Terhadap Return Saham Dengan Profitabilitas Sebagai Variabel Intervening Pada Perusahaan Perbankkan Peraih Indonesia Banking Award (IBA) Tahun 2018 Zakiyah, Tuti
Jurnal BAABU AL-ILMI: Ekonomi dan Perbankan Syariah Vol 4, No 1 (2019): Islamic economics and banking research
Publisher : Universitas Islam Negeri Fatmawati Sukarno Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/ba.v4i1.1690

Abstract

This study aims to examine and analyze the direct effect of macroeconomic variables on stock returns, as well as the indirect influence of macroeconomic variables on stock returns through profitability as measured by ROA as an intervening variable. This research was conducted on banks that received the IBA 2018 award and were listed on the IDX for the period 2009-2017. The data used is quantitative secondary data obtained by documenting various official sites. In econometrics the research data is included in the panel data. The population in this study were 15 banks and obtained a sample of 10 banks for 9 years using a purposive sampling method to form a panel of 90 samples. Hypothesis testing in this study uses t-statistic test to determine the direct effect of independent variables and intervening variables on the dependent variable, and compare the value of direct influence and indirect influence to determine the indirect effect of independent variables on the dependent variable through intervening variables. The results of this study are that inflation does not have a direct influence on stock returns. The BI rate does not have a direct influence on stock returns. and changes in the money supply do not directly affect stock returns. Profitability has a significant positive direct effect on stock returns. Inflation has an indirect influence on stock returns through profitability as an intervening variable. The BI rate has an indirect influence on stock returns through profitability as an intervening variable. and the money supply has an indirect influence on stock returns through profitability as an intervening variable.
Anteseden dari Pengungkapan Enterprise Risk Management pada Perusahaan yang Terdaftar di Indeks LQ45 Rini, Keny Prasetyo; Zakiyah, Tuti
Jurnal BAABU AL-ILMI: Ekonomi dan Perbankan Syariah Vol 5, No 1 (2020): Islamic economics and banking research
Publisher : Universitas Islam Negeri Fatmawati Sukarno Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/ba.v5i1.2514

Abstract

The purpose of this research is to determine te influences of independent commissioners, auditor reputation, risk management committee, leverage and firm size on enterprise risk management disclosure in index LQ45 companies listed in the 2016-2018. The samplimg method in this research is purposive sampling with 81 companies as population and 27 companies as samples. The ERM practice is measured based on ERM index, which considers the eight dimension of ERM by COSO framework. The results of simultaneous regression analysis show that the variables of independent commissioner, auditor reoutation, risk manegement committee, leverage and firm size have positif effects on the enterprise risk management disclosure. Partial testing shows that variabel of independent commissioner, risk management commite and firm size does not effect enterprise risk management disclosure. Auditor reputation and risk management committee have positive effects on enterprise risk management.
Modelling of Forecasting ASEAN-5 Stock Price Index Using GSTAR Model Zakiyah, Tuti; Windasari, Wahyuni
JTAM (Jurnal Teori dan Aplikasi Matematika) Vol 8, No 3 (2024): July
Publisher : Universitas Muhammadiyah Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31764/jtam.v8i3.22738

Abstract

This research aims to apply the Generalized Space-Time Autoregressive (GSTAR) model to predict stock price indices in ASEAN-5 countries. Generalized Space Time Autoregressive (GSTAR) model is one of the most common used space-time model to modeling and predicting spatial and time series data. The GSTAR model produces a space-time model that adopts the stages of the Autoregressive Integrated Moving Average (ARIMA) model. This research uses parameter estimation using the Maximum Likelihood method, which is a method used to estimate parameter values by maximizing the probability function seen based on observations. This research uses secondary data in the form of Stock Price Index data from 5 countries in Asia, namely the Composite Stock Price Index (JCI), Philippine Stock Exchange (PSEi), Strait Time Index (STI), Kuala Lumpur Composite Index (KLCI), and Thailand Stock Exchange Index (SETI). Stock Price Index data was divided into in-sample data for Generalized Space-Time Autoregressive (GSTAR) modelling and out-sample data used to validate presumptive results. In-sample data was taken from January 4, 2021, to December 29, 2023, and then out-sample data for presumptive was as many as 5 from January 2, 2024, to January 8, 2024. From the modeling results, it was found that the mean MAPE value of the GSTAR model was smaller than that of the ARIMA model. Moreover, based on the presumptive results for the following 5 periods using the GSTAR (2.1) I(1) model, a Mean Absolute Percentage Error (MAPE) of less than 10% in each location. The values shows that GSTAR model is more accurate than the ARIMA model.
FINTECH BASED PEER-TO-PEER (P2P) LENDING: A PERSPECTIVE OF MSMEs IN THE NEW NORMAL OF PANDEMIC COVID-19 Zakiyah, Tuti; Trifiyanto, Kabul; Windasari, Wahyuni
Indonesian Journal of Accounting and Governance Vol. 5 No. 1 (2021): JUNE
Publisher : School of Accountancy, University of Agung Podomoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36766/dq29t378

Abstract

The purpose of this research is to find the role of Fintech Peer to Peer (P2P) lending based on the perspective in the new normal era of Covid-19 as a financial inclusion to recovery of the MSME’ financial. The population in this study were MSMEs in Central Java and East Java Provinces. The survey method in this study used a questionnaire as a data collection tool. In addition, researchers also use purposive sampling method to determine the sample. Analysis tools for hypothesis testing using external models and E-Views 10 for evaluation of inner models. The results of this study are that peer to peer lending together has a significant effect on the interests of MSME actors in East Java in The New Normal of the Covid-19, This is also supported by a determination test value 87% Peer to peer lending fintech companies should raise perceptions consumers of the benefits, uses, benefits and risks that consumers get if using peer to peer lending fintech. One that must be done is to make consumers believe that fintech service quality peer to peer lending is much better than financial services conventional, such as banks during the Covid-19 pandemic.
FAKTOR-FAKTOR YANG MEMPENGARUHI KEPUTUSAN PENGGUNAAN QRIS DALAM TRANSAKSI PEMBELIAN: PENDEKATAN TECHNOLOGY ACCEPTANCE MODEL (TAM) Zakiyah, Tuti; Susridar; Trifiyanto, Kabul
Indo-Fintech Intellectuals: Journal of Economics and Business Vol. 5 No. 4 (2025): Indo-Fintech Intellectuals: Journal of Economics and Business (2025)
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/ifijeb.v5i4.4613

Abstract

Penelitian ini bertujuan untuk menganalisis Faktor-Faktor yang Mempengaruhi Keputusan Penggunaan QRIS dalam Transaksi Pembelian dengan Pendekatan Technology Acceptance Model (TAM) yang dikembangkan dengan penambahan variabel kepercayaan dan keamanan sebagai faktor penting dalam konteks pembayaran digital. Penelitian menggunakan Peneliti mengambil 107 sampel responden dengan teknik purposive. Hasil penelitian menunjukkan bahwa kemudahan penggunaan, persepsi manfaat, dan keamanan berpengaruh positif signifikan terhadap keputusan penggunaan QRIS (p < 0,05). Sementara itu, variabel kepercayaan tidak berpengaruh signifikan (p > 0,05). Secara simultan, seluruh variabel independen berpengaruh signifikan terhadap keputusan penggunaan QRIS dengan nilai F hitung 123,298 dan sig. 0,001. Nilai Adjusted R² sebesar 0,776 menunjukkan bahwa 77,6% variasi keputusan penggunaan dapat dijelaskan oleh keempat variabel dalam model, sementara 22,4% dipengaruhi variabel lain di luar penelitian. Penelitian ini menegaskan bahwa aspek kemudahan, manfaat, dan keamanan merupakan determinan utama yang memengaruhi keputusan masyarakat dalam menggunakan QRIS. Temuan ini diharapkan dapat menjadi dasar bagi penyedia layanan, pelaku usaha, dan pemerintah dalam meningkatkan adopsi QRIS melalui optimalisasi kemudahan layanan, pemanfaatan yang lebih luas, serta penguatan sistem keamanan transaksi digital.