Claim Missing Document
Check
Articles

Found 13 Documents
Search

From Balance Sheets to Market Performance: How Internal Efficiency and Economic Conditions Shape Shareholder Value in Indonesian Major Banks Pradipta, Arya; Prirayani , Jagat
Eduvest - Journal of Universal Studies Vol. 5 No. 11 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i11.52389

Abstract

This study investigates how internal efficiency and external macroeconomic conditions jointly shape the profitability and shareholder value of Indonesia’s major banks under the KBMI 3 and KBMI 4 classifications during the post-COVID-19 period (2020–2024). Using a quantitative–causal explanatory design and panel data regression, the research analyzes quarterly financial and macroeconomic data from 15 publicly listed banks. Internal determinants are measured through bank size (KBMI), seasonal periods (Q1–Q4), and the CAMEL framework—Capital Adequacy Ratio (CAR), Non-Performing Loans (NPL), Good Corporate Governance (GCG), Operational Efficiency (BOPO), and Loan-to-Deposit Ratio (LDR)—while external determinants include GDP growth, inflation, unemployment rate, consumer and business confidence indices, Bank Indonesia rate, exchange rate, and COVID-19 period. The results indicate that credit quality (NPL), intermediation efficiency (LDR), seasonal periods, and bank scale (KBMI) significantly affect profitability (ROA) and quarterly earnings per share (QEPS). Externally, consumer confidence, business optimism, and employment conditions play a supporting but secondary role. Overall, the findings highlight that sustainable profitability in Indonesia’s major banks is driven primarily by internal management efficiency, prudent risk governance, bank scale, and adaptive response to macroeconomic fluctuations, providing valuable insights for regulators, investors, and policymakers in maintaining financial stability and shareholder value.
Pengembangan Aplikasi Web Manajemen Tugas Akademik Berbasis Model View Controller untuk Efisiensi Waktu Mahasiswa Yuganfa, Danendra Althaf; Aderelyan, Reno Dwi; Pratama, Daniel Aquaries; Pradipta, Arya; Pratama, Stephanus Abryan Agung; Paramita, Cinantya
TIN: Terapan Informatika Nusantara Vol 6 No 9 (2026): February 2026
Publisher : Forum Kerjasama Pendidikan Tinggi (FKPT)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/tin.v6i9.8946

Abstract

The need for an information system capable of managing academic activities and schedules in an integrated manner is increasing in higher education environments. This is due to students often facing difficulties in managing their time efficiently and effectively. This study aims to develop a web-based task management application that is not only functional but also has a proven quality of experience. With features such as task recording, calendar, and real-time notifications. The development method is carried out using the Waterfall approach, starting from gathering requirements to system design that includes three main components, namely: Use Case Diagram, Entity Relationship Diagram, and Activity Diagram. The Implementation stage is supported by the Model View Controller (MVC) architecture to ensure that the development process runs efficiently and organized. Then, at the testing stage, Black Box Testing and User Acceptance Test (UAT) with the Mean Opinion Score (MOS) method are carried out to validate the system. The results of the study show that all functions run according to design, with the highest level of user satisfaction in terms of functionality and performance. The contribution of this study lies in the effectiveness of cloud-based real-time notifications which are proven to be superior in increasing user awareness compared to conventional methods, as well as the availability of time management solutions that are verified to have a high level of user acceptance.
Capital Structure Analysis: Key Financial Indicators in Manufacturing Sianturi, Antar MT; Siahaan, Magda; Pradipta, Arya
Journal of International Accounting, Taxation and Information Systems Vol. 1 No. 4 (2024): November
Publisher : CV. Proaksara Global Transeduka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70865/jiatis.v1i4.69

Abstract

This study focuses on how liquidity, asset composition, free cash flow, and profitability impact capital structure.   It also explores how profitability can affect the relationship between liquidity, asset composition, and free cash flow with capital structure. The study focused on collecting information from 50 manufacturing firms that are publicly traded on the Indonesia Stock Exchange over a period of three years, totaling 121 data points. The data analysis method uses multiple linear regression with the help of the Statistical Package for Social Sciences program. The study's findings suggest that there is some evidence to support the idea that liquidity has a negative impact on capital structure. The asset structure variable and the free cash flow variable do not affect capital structure. The profitability variable is proven to strengthen the negative effect of liquidity on capital structure. Nevertheless, it is unable to enhance the favorable impact of the composition of assets and the detrimental impact of surplus cash flow on the firm's financial structure. According to the research, it is suggested that the board members and executives of the organization should be responsible for optimizing resources and driving up the company's earnings; investors who want to invest in manufacturing companies should do an investment assessment.