Article Per Year (5 Year)
p-Index From 2021 - 2026
5.194
P-Index
This Author published in this journals
All Journal The Indonesian Accounting Review The International Journal of Accounting and Business Society Jurnal Ilmiah Manajemen dan Bisnis (JIMB) Tazkia Islamic Finance and Business Review Indikator: Jurnal Ilmiah Manajemen & Bisnis Jurnal Doktor Manajemen (JDM) Dinasti International Journal of Management Science Dinasti International Journal of Digital Business Management Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) International Journal of Digital Entrepreneurship and Business (IDEB) Jurnal Ilmu Ekonomi dan Sosial (JIES) Jurnal Manajemen Jurnal Abdimas Perbanas Jurnal Penyuuhan dan Pemberdayaan Masyarakat (JPPM) Jurnal Pengabdian Masyarakat Bangsa Realible Accounting Journal IIJSE International Journal of Indonesian Business Review Journal of Business Innovation and Research Journal of Fundamental Management (JFM)
Asep Risman
Universitas Mercu Buana
Agriculture, Biological Sciences & Forestry Arts Humanities Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Energy Environmental Science Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics Medicine & Pharmacology Nursing Physics Public Health Social Sciences Other

Published : 38 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 38 Documents
Search

 1   2   3   4 
THE ROLE OF THE SHARIA SUPERVISORY BOARD (SSB) IN MODERATING THE EFFECT OF GOOD CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE OF ISLAMIC BANKS IN INDONESIA Siswanti, Indra; Risman, Asep; Elmi, Farida; *, Markonah; Cahaya, Ferry
The International Journal of Accounting and Business Society Vol 29, No 1 (2021): The International Journal of Accounting and Business Society
Publisher : Accounting Department,

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Purpose — The aims of this research to examine and analyze the extent of the role of the sharia supervisory board (SSB) in moderating the effect of good corporate governance on the financial performance of Islamic banks in Indonesia.  Design/methodology/approach — Population in this research is 14 (fourteen) Islamic banks in Indonesia and the sample used in this research is 9 (nine) Islamic banks that have published financial reports, good corporate governance reports, and annual reports for the period 2010 - 2019. This research data processed were processed using reviews-10.Findings — The results of this research stated that good corporate governance has a significant effect on the financial performance of Islamic banks. The sharia supervisory board (SSB) moderates the effect of good corporate governance on the financial performance of Islamic banks in Indonesia.Practical Implications — The chow test stated chosen model as fixed effects, then the Housman test stated chosen model as random effects. Thus the model used in this research is a random effect.Originality/value — To complete the results, this research used in-depth interviews with practitioners of Islamic banks in Indonesia, specifically the departement of compliance with Islamic banks.Keywords Good corporate governance, Sharia  Supervisory Board, financial  performancePaper Type Research Paper.
Semi-Strong Efficient Market Hypothesis in Dividend Announcements on the IDX Ningrum, Mersa Lestari; Risman, Asep
Indikator: Jurnal Ilmiah Manajemen dan Bisnis Vol 6, No 1 (2022)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/indikator.v6i1.14247

Abstract

This research examines the semi-strong form of the market efficiency hypothesis in the context of dividend announcements on the Indonesia Stock Exchange (IDX), specifically good news in the form of an increase in dividend value over the previous year and bad news in the form of a decrease in dividend value over the previous year. This research aimed to see how dividend announcements affect stock prices and how efficient the market reaction is. The samples used in this study are the companies listed on the mainboard with a cash dividend payment policy once a year and consistently distribute dividends in a row in 2020 and 2021. The observation method used in this study is non-participatory. The return anomaly of up to 59 sample companies was used, with a 21-day observation period. One statistically significant event occurred when dividend announcements increased, and three statistically significant events occurred when dividend announcements dropped, according to the data processing results by t-test. It demonstrates that the market is efficient and supports the market efficiency hypothesis in its semi-strong form.
Performance Analysis of Protected Fund and Equity Fund Using Sharpe, Treynor, Jensen Ningrum, Mersa Lestari; Risman, Asep
Indikator: Jurnal Ilmiah Manajemen dan Bisnis Vol 6, No 1 (2022)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/indikator.v6i1.15228

Abstract

This study was conducted to determine the mutual funds' performance of capital-protected and equity funds from February 2021 to August 2021. Return, risk, Sharpe index, Treynor index, and Jensen index are all used to evaluate mutual fund performance. Sample data consisted of 462 capital-protected fund products and 273 equity fund products. The performance of equities funds outperforms that of capital-protected funds, according to the average Sharpe index. The Treynor index showed that capital-protected funds outperformed the market. The Jensen index shows that capital-protected funds outperform equity funds. In March, April, and May, capital-protected funds outperform the market (JCI), whereas equities funds outperform in April and August. In April, capital-protected funds outpaced risk-free investments, whereas equity funds outperformed in February, July, and August. The Independent T-Test is the statistical approach used to test the hypothesis. The findings revealed no substantial differences between capital-protected funds and equity funds, allowing investors to invest in one or both.
KAUSALITAS HARGA SAHAM DAN KURS USD/IDR Asep Risman
Jurnal Ilmiah Manajemen dan Bisnis Vol 1, No 2 (2015): Jurnal Ilmiah Manajemen dan Bisnis
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/jimb.v1i2.3682

Abstract

Theoretically Correlation exchange rate on stock prices, there is the relationship (negative) associated withthe performance of the issuer and economic conditions, there is also the approach that shows therelationship because of the behavior of foreign investors related to the investment portfolio, but there isalso approach that states no direct relationship. Likewise, previous studies showed a negative relationshipbeetween stock prices and exchange rates, but there is also research showing that the relationshipsignificant or under certain conditions, and the more extreme results showed no relationship betweenstock prices and exchange rates.In this study, we just want to prove which variable affect other variableswhether the exchange rate affect the price of the stock or just the opposite, based on test granger causality shows stock prices and the exchange rate of USD / IDR turns affect each other, so that the analysis ofchanges in exchange rates can be used to predict the tendency towards the stock price, and vice versa, inaddition to stock price changes are not necessarily directly affect the exchange rate at that time, but ittakes time or lag.
The behavioral finance of MSMEs in the advancement of financial inclusion and financial technology (Fintech) Asep Risman; Anees Janee Ali; Mochamad Soelton; Indra Siswanti
The Indonesian Accounting Review Vol 13, No 1 (2023): January - June 2023
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/tiar.v13i1.3213

Abstract

This study aims to determine empirical evidence of the effect of financial inclusion and financial technology (fintech) on the behavioral finance of MSMEs. This study uses a quantitative method with a positivist paradigm approach. The population of this study is all MSMEs in Indonesia. The sample used in this study is 205 respondents (MSME owners) from all over Indonesia. Sampling is carried out using a random technique. Data collection is carried out by distributing questionnaires, both manually and online using Google Forms, and is measured using a 5-point Likert scale. The data processing is carried out using Partial Least Square (PLS) software with a Structural Equation Modeling (SEM) model. The results of this study show that financial inclusion and financial technology (fintech) have a direct positive effect on the behavioral finance of MSMEs. Financial technology (fintech) can mediate and increase the effect of financial inclusion on the behavioral finance of MSMEs.
Determinants of Firm's Value through Capital Structure, Financial Performance, and Company Growth Rahmah Alwan; Asep Risman
Indikator: Jurnal Ilmiah Manajemen dan Bisnis Vol 7, No 2 (2023)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/indikator.v7i2.18585

Abstract

This study aims to determine the influence of capital structure represented by Debt to Equity Ratio (DER), the financial performance represented by Return on Asset (ROA), and the growth of companies represented by Total Asset Growth (TAG) on the value of companies in the agricultural industry sector listed on the Indonesia Stock Exchange. The population used in this study was as many as 25 companies. The sampling method used is the purposive sampling method, so that 9 companies with 5 years of observation (2016-2020) were obtained so that 45 observational data were produced. The research data was obtained from the Indonesia Stock Exchange website. The data analysis techniques used are descriptive statistics and panel data. The results of the study partially showed that the capital structure (Debt to Equity Ratio) had a negative effect, financial performance (Return on Assets) had a positive effect, and company growth (Total Asset Growth) did not affect the value of the company.
LITERASI KEUANGAN BAGI UMKM: Laporan Keuangan Untuk Pengembangan Usaha UMKM Asep Risman; Matrodji Mustaffa
Jurnal Abdimas Perbanas Vol. 4 No. 1 (2023): Jurnal Abdimas Perbanas
Publisher : Perbanas Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56174/jap.v4i1.521

Abstract

Micro, Small, Medium Enterprises (MSMEs) are an important part of the country's economic activities, especially during this COVID-19 pandemic because MSMEs are flexible and do not require large capital. MSMEs absorb excess labor from the formal business sector which is closed as a result of the COVID-19 pandemic. DKI Jakarta and Lampung have many Micro, Small, Medium Enterprises (MSMEs) and are the focus of employment, especially those affected by layoffs due to the COVID-19 pandemic and driving the economy during and after the COVID-19 pandemic. The classic problems faced by MSMEs are generally related to capital and marketing. The Master of Management Study Program, Faculty of Economics and Business, Mercu Buana University (FEB-UMB) in collaboration with the University of Lampung (UNILA) took the initiative to improve the financial literacy of MSMEs in Jakarta and Lampung. This PKM activity was attended by 39 people who are owners and managers of MSMEs in DKI Jakarta and Lampung. The form of this activity is to provide training to increase knowledge in financial statement analysis. It was opened directly by the Chancellor of UMB, Prof. Dr. Ngadino Surip, as well as presenting speakers from Unila, Prof. Mahrinasari Through this community service activity, it is hoped that it can help MSMEs in Jakarta and Lampung have the ability to obtain funding from creditors so that capital problems can be overcome and MSMEs are increasingly contributing to economic growth and employment.
Literasi Keuangan Bank Sampah: Emas Digital Untuk Mengatasi Penurunan Nilai Poin DTBM dan Saldo Kas Asep Risman; Budi Lestijawan Eka Saputra
Jurnal Abdimas Perbanas Vol. 4 No. 2 (2023): Jurnal Abdimas Perbanas
Publisher : Perbanas Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56174/jap.v4i2.533

Abstract

The waste problem is still one of the problems faced by big cities, of course, it is also one of the problems in DKI Jakarta. Various efforts have been made by the DKI Jakarta government to reduce waste, including carrying out “Bank Sampah” (Waste Bank) activities in every sub-district. One of the Waste Bank in DKI Jakarta which is under the guidance of the West Jakarta Joglo sub-district is the Berdikari Waste Bank. The FEB Mercu Buana University Master of Management Study Program which already has a collaboration with the Universitas Pertahanan and also the Joglo Sub-District organizes community service activities at the Self-driving Waste Bank, one of the problems identified is the risk of decreasing DTBM point values and fund balances from time to time due to rising prices in general. Therefore, one of the topics in this community service is financial literacy for members of the Berdikari Waste Bank in the form of digital gold savings & investment to overcome the declining values of DTBM points and the fund’s balances of waste bank members as payment for waste deposits. Through this community service activity, it is hoped that it can help members of the Berdikari Waste Bank overcome the decline in DTBM point values and fund balances and improve the performance of the Waste Bank so that it will contribute more to overcoming the waste problem in DKI Jakarta.
The Islamic Perspective of Gold-Based Investment: The Case of Indonesia Risman, Asep; Markonah, Markonah; Mubarok, Jaih; Saputra, Budi Lestijawan Eka
Tazkia Islamic Finance and Business Review Vol. 18 No. 1 (2024): TIFBR
Publisher : Faculty of Islamic Business and Management

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30993/tifbr.v18i1.363

Abstract

Currently, there are many gold-based investment products, and investors are interested because some of them use sharia labels. Therefore, this study aims to identify and investigate gold-based investments from an Islamic perspective. It is hoped that this research can contribute new findings and enrich existing literature regarding gold investment in Indonesia, providing benefits for Muslim investors and the Muslim community in general. This study used qualitative research methods. Semi-structured interviews were conducted with parties who offer gold-based investment products on a large scale. Additional data sources include documents and manuscripts from the National Sharia Council (DSN-MUI) as well as author analysis. These findings show that not all gold-based investments in Indonesia comply with sharia principles. Only gold murabahah conducted by Islamic banking institutions meets sharia compliance.
PERBANDINGAN KINERJA REKSA DANA SAHAM KONVENSIONAL DENGAN REKSA DANA SAHAM SYARIAH DENGAN METODE INDEKS SHARPE, INDEKS TREYNOR, DAN ALPHA JENSEN YANG DILAKUKAN PADA PERIODE PANDEMI COVID-19.: (Studi Kasus pada Aplikasi Bibit) Ella Anggraini; Asep Risman
Realible Accounting Journal Vol. 3 No. 2 (2024): Realible Accounting Journal
Publisher : LPPM Universitas Ibnu Sina

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36352/raj.v3i2.608

Abstract

Abstrak Selama era pandemi Covid-19, harga saham mempengaruhi fluktuasi secara derastis, pemahaman tentang analisa kinerja reksa dana saham ini, dapat membantu investor dalam pengambilan keputusan investasi yang lebih baik lagi. Tujuan penelitian ini untuk membandingkan kedua kinerja reksa dana saham yaitu reksa dana saham Syariah dan reksa dana saham Konvensional dengan menggunakan metode analisis Indeks Sharpe, Indeks Treynor, dan Alpha Jensen. Hasil penelitian menunjukkan Manulife Saham Andalan sebagai reksa dana konvensional terbaik dan Sucorinvest Sharia Equity sebagai reksa dana syariah terbaik. Selain itu, Hasil uji independen sample t-test menunjukkan bahwa metode Sharpe dan Treynor tidak memiliki perbedaan antara reksa dana saham syariah dan reksa dana saham konvensional (H0 diterima), sementara metode Jensen memiliki perbedaan signifikan (H0 ditolak). Namun dari rata-rata kinerja, reksa dana saham konvensional lebih unggul dibandingkan dengan reksa dana syariah.
Co-Authors *, Markonah Ainunnisa, Ditya Alfiena Ali, Anees Janee Andam Dewi Syarif Anees Janee Ali Budi Lestijawan Eka Saputra Cahaya, Ferry Ella Anggraini Farida Elmi Gustanto, Rusli Huda, Nurrizal Irvindha Sella Novelyna Handayani Iwan Firdaus Izzul Haq, Reiga Ihsanul Jaih Mubarok Kahfi, Khairunnisa Khalisma, Mustofa Nur Luna Haningsih Markonah, Markonah Matrodji Mustaffa Maulani, Rury Indah Melati, Rampi Mochamad Soelton Ningrum, Mersa Lestari Nugraheni, Pristina Oktaviani, Delvi Pamungkas, Agus Cahyo Prihanto, Agung Pangestu Rahayu, Fadilah Siti Rahmah Alwan Rusdi, Elman Junizar Saputra, Budi Lestijawan Eka Saputri, Ayu Laynda Sartono, Imam Septyani, Ayu Syafrudin, Arief Wahyuningsih, Liya Wibowo, Destriani