Claim Missing Document
Check
Articles

Found 4 Documents
Search
Journal : Dynamic Management Journal

DETERMINAN EARNING RESPONSE COEFFICIENT (ERC) DENGAN UKURAN PERUSAHAAN DAN LEVERAGE SEBAGAI EKSOGEN Pambudi, Januar Eky; Febrianto, Hendra Galuh; Fitriana, Amalia Indah
Dynamic Management Journal Vol 6, No 1 (2022): January
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v6i1.6525

Abstract

Tujuan dari penelitian ini untuk mengetahui pengaruh ukuran perusahaan, kepemilikan asing, dan leverage terhadap Earning Response Coefficient (ERC) pada perusahaan manufaktur sub sektor consumer goods yang terdaftar di Bursa Efek Indonesia (BEI). Periode waktu penelitian yang digunakan adalah 5 tahun yaitu periode 2016-2020. Populasi penelitian ini adalah perusahaan manufaktur sub sektor consumer goods yang terdaftar di Bursa Efek Indonesia (BEI). Teknik pengambilan sampel menggunakan teknik purposive sampling. Berdasarkan kriteria yang telah ditetapkan diperoleh 10 perusahaan. Metode analisis yang digunakan adalah analisis regresi data panel dengan bantuan software eviews 9.0. Hasil penelitian menunjukkan bahwa secara parsial leverage tidak memiliki pengaruh terhadap Earning Response Coefficient (ERC). Namun variabel ukuran perusahaan memiliki pengaruh positif terhadap Earning Response Coefficient (ERC).Kata Kunci: Earning Response Coefficient (ERC), Ukuran Perusahaan dan Leverage.
THE COMPANY'S STRATEGY TO REDUCE LOSSES DUE TO FOREIGN EXCHANGE RATES Kaswoto, Junet; Sunaryo, Dede; Fitriana, Amalia Indah
Dynamic Management Journal Vol 9, No 1 (2025): January
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v9i1.13308

Abstract

Foreign exchange rate fluctuations can cause significant impacts for companies doing business internationally. Losses resulting from fluctuations in the exchange rate can cause uncertainty and lower the company's profits. Therefore, it is important for companies to adopt effective strategies in reducing foreign exchange rates. This study examines various strategies that can be used by companies to reduce losses due to foreign exchange rates. These strategies include static hedging such as the use of forward and options contracts, as well as dynamic hedging approaches that involve active management of hedged positions. In the context of PT. X in Banten Indonesia, the use of static hedging in the form of forward contracts can provide protection against exchange rate fluctuations associated with the company's international transactions. A dynamic hedging approach can also be an effective option for companies to optimize their protection against exchange rate risk. The results of the study show that the use of the hedging strategy implemented by PT. X in Banten can help companies reduce losses due to fluctuations in foreign exchange rates, especially dollars, and can improve the company's financial stability. The results of the analysis of forward hedging data conducted in certain periods show that there are (positive) gains in 2021 and 2022, and losses (negative) in the difference between the results of the forward hedging and the actual BI exchange rate at the time of maturity in 2023 in a few months. 
CORPORATE CHARACTERISTICS AND ISLAMIC SOCIAL REPORTING: AN EMPIRICAL ANALYSIS OF SHARIA-COMPLIANT FIRMS Kaswoto, Junet; Fitriana, Amalia Indah; Apriliyana, Vertian; Haziqi, Muhammad Hassan
Dynamic Management Journal Vol 9, No 3 (2025): July
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v9i3.14527

Abstract

This study examines the influence of firm size, profitability, and leverage on Islamic Social Reporting (ISR) disclosure among companies listed on the Jakarta Islamic Index (JII) from 2017 to 2021. As demand for transparency and social accountability grows in Islamic economies, understanding the determinants of ISR disclosure becomes crucial. Using a quantitative approach and panel data regression analysis (EViews 12), the study employs purposive sampling to select 12 firms (60 observations). Findings reveal that firm size has a significant positive effect on ISR disclosure, while profitability and leverage are not significant. However, collectively, these variables significantly influence ISR disclosure. The study contributes to the literature by providing empirical evidence on corporate social reporting in an emerging Islamic capital market. Its novelty lies in focusing on ISR disclosure within the JII context, where research remains limited. Results offer practical insights for regulators and corporate managers aiming to enhance Islamic social accountability through strategic financial and organizational policies.
THE INFLUENCE OF CORPORATE SOCIAL RESPONSIBILITY, TOTAL ASSET TURNOVER, AND DEFERRED TAXES ON CORPORATE FINANCIAL PERFORMANCE: THE ROLE OF COMPANY SIZE MODERATION Mubarok, Ahmad Zakki; Haq, Saiful; Khairunisa, Vera Khairunisa; Fitriana, Amalia Indah
Dynamic Management Journal Vol 9, No 3 (2025): July
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v9i3.14486

Abstract

This study addresses the growing need to understand key drivers of financial performance in manufacturing firms amid increasing demands for corporate accountability and operational efficiency. It aims to examine the effects of Corporate Social Responsibility (CSR), Total Asset Turnover (TATO), and Deferred Tax on financial performance, with Firm Size as a moderating variable, using data from manufacturing companies listed on the IDX from 2019 to 2023. Employing panel data regression analysis via EViews 9, the study uses purposive sampling to select 12 firms (60 observations). Findings reveal that TATO and deferred tax have a positive and significant impact on financial performance, while CSR does not. Firm size strengthens the effects of TATO and deferred tax but does not moderate the CSR–performance relationship. The study’s novelty lies in integrating CSR, asset efficiency, and deferred tax within a moderated model in the context of Indonesian manufacturing firms. It contributes theoretically by enriching financial performance literature and practically by guiding strategic decision-making in similar industrial settings.