Claim Missing Document
Check
Articles

THE EFFECT OF PROFITABILITY, COMPANY GROWTH, BUSINESS RISK, MANAGERIAL OWNERSHIP AND INSTITUTIONAL OWNERSHIP ON DEBT POLICY IN SUB-MINING COMPANIES COAL SECTOR LISTED ON THE IDX Heri Susan; Jummaini; Marzuki; Zulfan
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 4 No. 1 (2025): July
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i1.263

Abstract

This study aims to determine the effect of profitability, company growth, business risk, managerial ownership, and institutional ownership on debt policy in mining companies listed on the Indonesia Stock Exchange. The data used in this study are secondary data from 16 mining companies listed on the Indonesia Stock Exchange. The method used to analyze the relationship between the independent variables and the dependent variable is the panel data regression method. The results of the study indicate that profitability has a positive and significant effect on debt policy in coal mining companies listed on the Indonesia Stock Exchange. Company growth has a positive and significant effect on debt policy. Business risk has a negative and significant effect on debt policy. Managerial ownership has no significant effect on debt policy. Institutional ownership has no significant effect on debt policy. Overall, profitability, company growth, business risk, managerial ownership, and institutional ownership have a positive and significant effect on debt policy.
DETERMINATION OF STOCK PRICE VOLATILITY IN CHEMICAL GOODS SUB-SECTOR COMPANIES ON THE INDONESIA STOCK EXCHANGE IN THE 2020-2023 PERIOD Siti Zahara; Chairil Akhyar; Ristati; Zulfan
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 4 No. 1 (2025): July
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i1.264

Abstract

This study aims to analyze the effect of financial and macroeconomic variables on stock price volatility in chemical sub-sector companies listed on the Indonesia Stock Exchange (IDX) during the 2020-2023 period. The population in this study were chemical sub-sector companies listed on the Indonesia Stock Exchange for the 2020-2023 period. The research sample was 15 chemical sub-sector companies obtained using purposive sampling technique. The data collection technique used was documentation. Data analysis was carried out using panel data regression analysis technique using E-views. The results of the study showed that partially the current ratio variable did not have a negative and insignificant effect on stock price volatility. Return on assets, inflation and interest rates did not have a positive and insignificant effect on stock price volatility in chemical sub-sector companies listed on the Indonesia Stock Exchange for the 2020-2023 period.
THE EFFECT OF FINANCIAL PERFORMANCE ON CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE (AN EMPIRICAL STUDY OF BANKS LISTED ON THE INDONESIA STOCK EXCHANGE) Munira Ulfa; Nurlela; Husaini; Zulfan
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 3 No. 4 (2025): April
Publisher : PT. Radja Intercontinental Publishing

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

Abstract

This study aims to examine the effect of financial performance on Corporate Social Responsibility (CSR) disclosure (an empirical study on banks listed on the Indonesia Stock Exchange). Financial performance is measured using leverage, return on assets, and company age. The data used in this study are secondary data from banks listed on the Indonesia Stock Exchange during the 2019-2023 period. The method used to analyze the relationship between the independent and dependent variables is panel data regression analysis, assisted by EViews software. The results show that, partially, the Debt to Equity Ratio has a significant and positive effect on CSR disclosure; Return on Assets also has a significant and positive effect; and Company Age has a significant and positive effect on CSR disclosure in banks listed on the Indonesia Stock Exchange in 2019-2023.
Analisis Putusan Perkara Malpraktik Dokter Dalam Menjalankan Profesi (Kajian Terhadap Putusan Nomor 1441/Pid.Sus/2019/Pn-Mks) Aribah Wardah Ruye; Muhammad Hatta; Zulfan
Jurnal Ilmiah Mahasiswa Fakultas Hukum Universitas Malikussaleh Vol. 8 No. 2 (2025): (April)
Publisher : Fakultas Hukum Universitas Malikussaleh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29103/jimfh.v8i2.21753

Abstract

Dokter memiliki tujuan mulia dalam menjalankan profesinya, termasuk memperbaiki penampilan pasien melalui perawatan wajah. Namun, tidak jarang terjadi kegagalan tindakan medis yang mengakibatkan kecacatan bahkan kematian, yang dapat dikategorikan sebagai malpraktik medis. Penelitian ini bertujuan untuk mengkaji sanksi hukum terhadap dokter yang melakukan malpraktik serta menelaah pertimbangan hukum hakim dalam Putusan Nomor 1441/Pid.Sus/2019/PN.Mks. Metode yang digunakan adalah penelitian hukum normatif dengan pendekatan perundang-undangan dan pendekatan kasus. Data diperoleh dari bahan hukum primer, sekunder, dan tersier yang dianalisis secara normatif. Hasil penelitian menunjukkan bahwa hakim memutus terdakwa tidak terbukti secara sah dan meyakinkan melakukan tindak pidana, meskipun terdapat penyuntikan filler tanpa informed consent, tanpa kompetensi yang sah, dan tidak sesuai Standar Prosedur Operasional (SPO) kedokteran. Pertimbangan hakim cenderung fokus pada pembuktian formil tanpa memperhatikan akibat luka berat pada korban. Hal ini menunjukkan kurangnya perlindungan hukum terhadap pasien dan lemahnya penegakan keadilan dalam kasus malpraktik. Penulis menyarankan agar aparat penegak hukum memahami aspek teknis medis secara lebih mendalam dan tenaga medis selalu mematuhi Kode Etik Kedokteran dalam menjalankan profesinya.
BUILDING A CREATIVE ECOSYSTEM: AN ANALYSIS OF THE IMPACT OF COLLABORATION AND BRANDING STRATEGIES AMONG PIDIE JAYA MSMES AT THE KABI EXPO EVENT Zulfan
International Review of Practical Innovation, Technology and Green Energy (IRPITAGE) Vol. 5 No. 2 (2025): July-October 2025
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/irpitage.v5i2.3960

Abstract

Micro, Small, and Medium Enterprises (MSMEs) are a strategic pillar of the Indonesian economy, yet they often face classic challenges such as limited market access, capital, and branding capabilities. Exhibitions like the KABI EXPO in Pidie Jaya serve as a strategic intervention to address these challenges and encourage creativity-based local economic growth. This study aims to analyze the impact of collaboration and branding strategies implemented by participating MSMEs and explore the role of KABI EXPO in building a creative ecosystem in the Pidie Jaya region. Using a qualitative approach with a case study design, data were collected through in-depth interviews and participant observation with key informants, including presenters and committee members, as well as 11 participating MSMEs. The data analysis techniques used were descriptive and thematic analysis (Sugiyono, 2012; Sari & Agustina, 2021). The results showed that KABI EXPO successfully facilitated various forms of informal collaboration, such as cross-promotion and knowledge exchange, which directly impacted business network expansion and innovation potential. Furthermore, the exhibition served as a platform for MSMEs to test and strengthen their branding strategies, both visually (packaging and logos) and non-visually (direct interaction and social media adoption). Overall, these findings underscore that KABI EXPO serves as more than just a sales platform. It acts as a catalyst, planting the seeds of a creative ecosystem through collaboration, knowledge exchange, and brand strengthening. The event's success lies not only in its immediate sales boost but also in building a strong foundation for the sustainability and competitiveness of MSMEs in Pidie Jaya.
INCREASING COMPETITIVE ADVANTAGE SUSTAINABILITY THROUGH STRATEGIC ALLIANCE Zulfan; Putri Anggraini; Rini Mardiana; Putri Anjani Rahayu
International Journal of Social Science, Educational, Economics, Agriculture Research and Technology (IJSET) Vol. 2 No. 4 (2023): MARCH
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijset.v2i4.239

Abstract

This study aims to find out and examine the empirical description of the strategic problems faced and the strategies implemented in response to future human resource development needs as well as the Strategic Alliances conducted by STP to respond to global competition. Sustainable Competitive Advantage , This study uses a naturalistic qualitative approach, with descriptive methods and case studies, with data collection techniques using interviews, observation and document studies. The sampling technique used is purposive. Data analysis was carried out through the process of displaying data, reducing data and verifying data through a triangulation process. Sustainable Competitive Advantage , This study uses a naturalistic qualitative approach, with descriptive methods and case studies, with data collection techniques using interviews, observation and document studies. The sampling technique used is purposive. Data analysis was carried out through the process of displaying data, reducing data and verifying data through a triangulation process.
Rujukan Hukum Islam: Dalil-dalil Muttafaq dan Mukhtalaf Sabri, Muhammad Rifal; Zulfan; Erman; Fauzi, Muhammad
TERAJU: Jurnal Syariah dan Hukum Vol 7 No 02 (2025)
Publisher : P3M dan Jurusan Syariah dan Ekonomi Bisnis Islam STAIN Sultan Abdurrahman Kepulauan Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35961/teraju.v7i02.1752

Abstract

This article outlines the sources of law in Islam and the legal evidences in Islam, whether they are agreed upon (Muttafaq) or disputed (Mukhtalif). As followers of a religion, we should adhere to the laws reflected in its teachings, just as Islam also has rules and laws that its followers are obligated to observe. The sources of law in Islam are the Qur'an and the Sunnah, which are the word of Allah and the revelations of the Prophet, forming the foundation of Islamic teachings.The author employs a qualitative method, with the type of research used being library research. The reason for choosing this title is to examine the primary sources of law in Islam and to assess the validity (hujjah) of each legal provision in Islam.The results of this study show that understanding these two sources of law is crucial because they are interrelated in explaining the legal provisions applicable in Islam. Therefore, having a correct understanding of both should be a top priority, as errors in understanding them can undermine the validity of the legal sources themselves. By understanding the Qur'an and Hadith, we will gain legal guidance in accordance with the teachings of Sharia and the Sunnah of Prophet Muhammad (peace be upon him).
TRANSFORMASI HUKUM KELUARGA ISLAM DALAM SISTEM PERADILAN MAROKO Aidi Alfin; Asasriwarni; Zulfan
El-Hayah Vol. 12 No. 2 (2022): Desember 2022
Publisher : Pascasarjana UIN Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/elha.v12i2.7743

Abstract

Islam merupakan agama yang fleksibel, dalam kata lain Islam selalu bisa beriringan dengan perkembangan zaman. Hukum Islam merupakan sesuatu yang tidak bergerak, sehingga agar bisa relevan dengan perkembangan zaman maka harus ada usaha untuk menggerakkannya. Mudawwanah al-Usra kitab undang-undang Maroko adalah bentuk transformasi hukum Islam yang relevan dengan zaman sekarang. Menunjukkan bahwa suatu bentuk usaha transformasi yang bijak terhadap hukum Islam supaya bisa digunakan sesuai ketentuan zaman. Penelitian ini merupakan penelitian studi kepustakaan atau library research, dan Teknik pengumpulan data dengan membaca literatur-literatur yang bisa dijadikan sumber sesuai penelitian ini. Hasil penelitian menunjukkan bahwa pembukuan undang-undang hukum keluarga Maroko 1957 mengadopsi kitab fikih klasik, sehingga dilakukan lagi perubahan setelahnya. kitab undang-undang maroko yaitu mudawwana al-usra merupakan bentuk terakhir dari banyak perubahan yang telah dilakukan sebelumnya. Kitab undang-undang satu ini hasil dari perubahan secara radikal oleh komite yang bertugas. Ditinjau dari historisnya bahwa kitab mudawwana yang lama masih secara utuh merujuk kepada kitab-kitab fikih yang mana bersifat kultur lama. Sehingga terdapat adanya beberapa hak yang tidak terpenuhi. Dan perubahan ini telah melengkapi kekuranga dari kitab yang sebelumnya.
Peran Kepolisian Tindak pidana Dalam Penanggulangan Geng Motor Zulfan; Neneng Euis
Jurnal Justice Aswaja Vol 2 No 1 (2023): Juni 2023
Publisher : Fakultas Hukum Universitas Nahdltul Ulama Cirebon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52188/jja.v2i1.838

Abstract

This study aims to determine and analyze the role of the police in criminal acts in overcoming motorcycle gangs. This study is a normative legal study. Based on the study, it is concluded that overcoming criminal acts committed by motorcycle gangs can be done preventively (prevention) and repressively (action). This is inseparable from the duties and functions of the Police as regulated in Article 2 of Law Number 2 of 2002 concerning the Indonesian National Police which states that the function of the Police is one of the functions of the state government in the field of maintaining public security and order, law enforcement, protection, shelter and service to the community. The role of the Police is very much needed to eradicate and overcome or at least minimize negative actions carried out by motorcycle gangs in order to realize stability in every relationship in the midst of society.
THE INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON STOCK RETURNS IN PROPERTY AND REAL ESTATE COMPANIES ON THE IDX Delia Ananda; Ghazali Syamni; Zulfan; Wardhiah
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 4 No. 2 (2025): October (ON-PROGRESS)
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i2.271

Abstract

This study aims to analyze the influence of internal and external factors on stock returns of property and real estate companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2023 period. The internal factors examined include Return on Assets (ROA), Earnings Per Share (EPS), and Debt to Equity Ratio (DER), while the external factors consist of inflation, interest rates, and exchange rates. A quantitative approach was employed, using secondary data obtained from annual financial reports and national macroeconomic indicators. Data analysis was conducted using panel data regression, with model selection determined through the Chow Test, Hausman Test, and Lagrange Multiplier Test. The results show that partially, ROA and EPS have a positive and significant effect on stock returns, while DER has a negative but insignificant effect. Among external factors, inflation and interest rates negatively affect stock returns but are not statistically significant, whereas exchange rates exhibit a negative and significant influence. These findings support the Efficient Market Hypothesis and Arbitrage Pricing Theory, indicating that both internal and external variables collectively affect stock performance in the capital market. This study provides valuable insights for investors in evaluating financial fundamentals and macroeconomic conditions for better investment decision-making.
Co-Authors AA Sudharmawan, AA Abadi, Sabani Ahmad Farhan, Ahmad Aidi Alfin Akhyar Andrew Satria Lubis Aqmal, Jamalul Aribah Wardah Ruye Arsyina, Lia Asasriwarni Asmara, Yusuf Vindra Ayu Namira Sasti Bambang Arjuna Putra Chairil Akhyar Cut Khairunnisa Darmawati Muchtar Delia Ananda Desi Fitri Dewi Maya Sari Edhy, Sarwo Elfia ERMAN Erwan, Friesca Evi Maisara Fadilla Putri Siregar Fadilla, Meutia Fazliati Frengki Putra Ramansyah Ghazali Syamni Harahap, Zul Anwar Ajim Hasanuddin, Iskandar Heni Pujiastuti Heri Susan Heru Setiawan Hidayani, Poppy Putri Hifnalisa Hikmawati Hikmawati Hikmawati Husaini Husni Ichsan Rusydi Ikhwan Iklil Imelda Agustina Ismayadi, Ismayadi Isnin Itsnatani Salma Jarnawi Johari Johari Johari Joko Purnomo Jummaini Junaidi M. Affan Khairil Khayatol Fadhillah Lestari AKA M Albani Maizi, Hazful Malahayati, Aisyah Juliawulan Malindha, Erma Marzuki Mawaddah Muddin, Ilhammuddin Muhammad Muhammad Fauzi Muhammad Hatta Muhammad Ridwan Muhibbuddin Munira Ulfa Muttaqien Neneng Euis NILAWATI Nurarafah Nurhadiyanti Nurlela Prastawa, Reza Pahlevi Puspitarini, Dyah Ayu Putera, Muzakkir Putri Anggraini Putri Anjani Rahayu Rahmawati Ramalinggam Rajamanickam Ratna Sary Razali Razali Thaib Rico Nur Ilham Rika Aprianti Ningsi Rika Hardiantini Rini Mardiana Risnawati, Melia Ristati Rizky Putra Fhonna Rizwan Romia Saputra Sabri, Muhammad Rifal Safitri, Safrina Sastro, Marlia Sawitri, Yulia Senyum Indrakila Sinulingga, Samerdanta Siti Zahara Sri Dewi Lestari Subaidi, Joelman Sugiarti Sumardi Sumiadi Suyatni Syamsul Rizal Syarifuddin Tamlicha, Akram Tasya Aspia Teuku Yudi Afrizal Thaib Rizwan Ulya, Zaudhatul Wardhiah Widyanti Soewoto, Widyanti Wulan Agustri Yandi Nur Cahya Yessi Febriani Yesy Afrillia Yusnita Eva Zulkarnain Zulkarnain Jalil Zulkarnaini Jalil