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Pengaruh Likuiditas, Profitabilitas, dan Ukuran Perusaahaan Terhadap Kebijakan Deviden Pada Perusahaan Pertambangan Indeks LQ45 Nova Diana Tantri; Mar’atus Solikah; Hestin Sri Widiawati
eCo-Fin Vol. 8 No. 2 (2026): eCo-Fin
Publisher : Komunitas Dosen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32877/ef.v8i2.3908

Abstract

Pembagian keuntungan dalam bentuk dividen merupakan instrumen finansial yang krusial bagi investor, namun sektor pertambangan sering kali menunjukkan tren yang fluktuatif serta tidak konsisten dengan teori keuangan arus utama. Atas dasar tersebut, Eksplanasi ilmiah ini dirancang untuk menganalisis serta mngkonfirmasi pengaruh dari aspek likuiditas, profitabilitas, serta skala ukuran perusahaan, baik secara mandiri maupun secara bersama, pada kebijakan dividen. Fokus pengamatan diarahkan pada emiten tambang yang masuk dalam jajaran indeks LQ45 di Bursa Efek Indonesia sepanjang tahun 2021 hingga 2025. Menggunakan paradigma kuantitatif dengan desain asosiatif kausal, Proses akuisisi data dalam penelitian ini mengandalkan sumber sekunder yang diperoleh melalui laporan keuangan tahunan perusahaan melalui metode purposive sampling, diperoleh porsi sampel sebanyak 10 entitas bisnis yang memenuhi kriteria. Estimasi parameter model dihitung diaplikasikan melalui estimasi regresi berbantuan program SPSS versi 25. Temuan pengujian parsial memperlihatkan terkait tingkat likuiditas dan profitabilitas tidak memiliki dampak nyata dalam menentukan besaran dividen, mengingat emiten sektor ini berciri padat modal sehingga lebih memprioritaskan akumulasi internal untuk biaya operasional dan eksplorasi. Di sisi lain, skala atau ukuran perusahaan memicu dampak negatif yang signifikan; kondisi ini mengindikasikan bahwa korporasi yang semakin besar justru cenderung membatasi pembayaran dividen demi mendanai ekspansi serta investasi jangka panjang. Namun secara simultan, seluruh variabel independen yang diuji terbukti memberikan pengaruh yang signifikan. Secara keseluruhan, studi ini memberikan simpulan bahwa profitabilitas yang tinggi bukan jaminan mutlak bagi distribusi laba di industri komoditas, karena kebijakan dividen proyeksi masa depan.
PENGARUH SUSTAINABILITY REPORTING DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL MODERASI (STUDI PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BEI PERIODE 2022-2025) Nadya Putri Wijaya; Puji Astuti; Hestin Sri Widiawati
Journal of Economic, Bussines and Accounting (COSTING) Vol. 9 No. 3 (2026): Journal of Economic, Bussines and Accounting (COSTING)
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/kvhw1765

Abstract

Sustainability issues have become increasingly important in corporate decision-making, particularly in the mining sector, where business activities generate substantial environmental and social impacts. Consequently, sustainability reporting has emerged as a strategic communication tool that may influence investors' perceptions of firm value. In addition to sustainability disclosure, firm size is also considered an important determinant of firm value, while profitability is expected to strengthen or weaken these relationships. This study aims to examine the effects of sustainability reporting and firm size on firm value, with profitability serving as a moderating variable. A quantitative research approach was employed using Moderated Regression Analysis (MRA). The research sample consisted of 18 mining companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2025 period, resulting in 72 firm-year observations selected through purposive sampling. Secondary data were collected from annual reports and sustainability reports published by the companies and the IDX. The findings reveal that sustainability reporting has no significant effect on firm value, whereas firm size has a significant negative effect and profitability has a significant positive effect on firm value. Furthermore, profitability does not moderate the relationship between sustainability reporting and firm value or between firm size and firm value. Simultaneously, sustainability reporting, firm size, and profitability significantly influence firm value. These findings suggest that investors in the Indonesian mining sector continue to place greater emphasis on financial performance than on sustainability disclosure or firm size when evaluating corporate value.
Peran Kompensasi Finansial, Kompensasi Non-Finansial, Serta Kompetensi Karyawan Sebagai Determinasi Utama Kualitas Kinerja Karyawan Bunga Fanani; Diah Nurdiwaty; Hestin Sri Widiawati
JIBEMA: Jurnal Ilmu Bisnis, Ekonomi, Manajemen, dan Akuntansi Vol. 4 No. 1 (2026): July
Publisher : CV. Muris Global Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62421/jibema.v4i1.464

Abstract

Kompensasi, baik finansial maupun non-finansial, berperan penting dalam meningkatkan motivasi serta loyalitas karyawan terhadap perusahaan. Sementara itu, kompetensi karyawan yang mencakup pengetahuan, keterampilan, dan sikap kerja menjadi dasar utama dalam menciptakan kinerja yang berkualitas. Penelitian ini bertujuan untuk menganalisis Kompensasi Finansial, Kompensasi Non-Finansial, Kompetensi Karyawan, Kinerja Karyawan pada PT Irfai Berkah Sejahtera. Populasi dalam penelitian ini adalah seluruh karyawan yang bekerja di PT Irfai Berkah Sejahtera. Penentuan jumlah sampel dilakukan dengan menerapkan Rumus Slovin, jumlah sampel yang digunakan dalam penelitian ini adalah 94 karyawan dari total 1.500 karyawan PT Irfai Berkah Sejahtera. Jumlah ini dianggap memadai untuk mewakili keseluruhan populasi dalam mengkaji peran kompensasi finansial, kompensasi non-finansial, serta kompetensi karyawan terhadap kualitas kinerja karyawan. Metode yang digunakan untuk menganalisis data yaitu Regresi Linear Berganda. Hasil yang didapatkan yaitu Kompetensi Kinerja Karyawan memiliki peranan yang sangat penting dalam meningkatkan kualitas kinerja karyawan, kompensasi finansial tidak memiliki peran yang signifikan dalam meningkatkan kualitas kinerja karyawan, kompensasi non-finansial memiliki peran yang signifikan dalam meningkatkan kualitas kinerja karyawan, Kompensasi Finansial, Kompensasi Non-Finansial, dan Kompetensi Karyawan secara bersama-sama berpengaruh signifikan terhadap Kualitas Kinerja Karyawan.
Pengaruh Akuntabilitas, Transparansi, dan Responsivitas Terhadap Pengelolaan Dana Desa Dalam Upaya Mensejahterakan Masyarakat Eriana Sri Rahayu; Hestin Sri Widiawati; Sigit Puji Winarko
Jurnal Literasi Akuntansi Vol 6 No 2 (2026): Juni 2026
Publisher : Yayasan Literasi Ilmiah Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55587/jla.v6i2.327

Abstract

Purpose: The goal of this study is to look at the factors that affect how village funds are managed, with the aim of helping improve the well-being of the community in Galengdowo Village, Wonosalam Subdistrict, Jombang Regency. It is important to use the principles of good governance in village government, as it helps to properly manage and control the village's funds. But when it comes to managing village funds, there are still a lot of cases where the money is used wrongly, and there's not enough accountability, not much transparency in sharing information, and the government isn't responding properly, all of which can hurt the well-being of the community. Method: This study uses a quantitative method based on cause and effect. Data was gathered by giving out questionnaires and collecting documents using a Likert scale from the people living in Galengdowo Village, and the people chosen for the study were selected through purposive sampling. Classical assumption tests, moderating regression analysis, multiple linear regression tests, R squared coefficient of determination tests, and hypothesis tests were used in the data analysis. The study included everyone living in Galengdowo Village, and there were a total of 3,868 people in the village. Sampling was done using purposive sampling; out of a total population of 3,868 people, 2,369 were chosen. The sample selection used the Slovin formula to figure out how many people were needed, and the smallest number of people required was 96. Finding: The study shows that, to some extent, Accountability doesn't greatly influence how Village Funds are managed, but Transparency and Responsiveness do have a strong impact. At the same time, Accountability, Transparency, and Responsiveness play a big role in how Village Funds are managed. The moderation test results show that Community Well-being affects how Accountability and Responsiveness influence Village Fund Management, but it does not affect how Transparency influences Village Fund Management.. Novelty: The novelty of this study lies in the Responsiveness variable and the inclusion of an intervening variable used to strengthen the dependent and independent variables
BUDIDAYA TANAMAN HIDROPONIK UNTUK MENINGKATKAN EKONOMI KELUARGA Diah Nurdiwaty; Hestin Sri Widiawati; Linawati Linawati; Badrus Zaman; Ery Firdawati
JURNAL PENGABDIAN KEPADA MASYARAKAT Vol. 3 No. 2 (2023): Jurnal Pengabdian Kepada Masyarakat
Publisher : LPPM Universitas Kahuripan Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51158/myajvj88

Abstract

Hidroponik adalah cara bertanam tanpa bermedia tanah, dengan bermedia larutan mineral bernutrisi yang mengandung unsur hara sebagai media pengganti tanah. Hidroponik dapat memanfaatkan lahan sempit seperti halaman depan dan atau samping rumah. Masyarakat di Kelurahan Gayam, Kecamatan Mojoroto Kota Kediri, masih belum banyak mengetahui mengenai pemanfaatan keterbatasan lahan secara optimal, misalnya untuk berhidroponik. Kegiatan pengabdian masyarakat ini bertujuan memberikan penyuluhan dan pendampingan kepada masyarakat mengenai pemanfaatan lahan dengan penanaman secara hidroponik, yang dapat meningkatkan ekonomi keluarga. Kegiatan dilakukan dalam bentuk penyuluhan dan pendampingan bertanam hidroponik. Hasil kegiatan pengabdian yaitu masyarakat RT 01/RW 05 Kelurahan Gayam, Kecamatan Mojoroto Kota Kediri telah mengetahui, memahami, dan dapat berpraktik langsung bertanam hidroponik. Kegiatan pengabdian masyarakat berjalan lancar dan berhasil. Abstract Hydroponics is a method of planting without soil media, using nutrient mineral solutions containing nutrients as a soil subtitute media. Hydroponics can take advantage of narrow land such as the front yard and or side of the house. The people in Gayam village, Mojoroto District, Kediri City, still don’t know much about optimal utilization of limited land, for example for hydroponics. This community service activity aims to provide counseling and assistance to the community regarding land use with hydroponic planting, which can improve the family economy. Activities carried out in the forms of counseling and assistance with hydroponic farming. The results of the community service activities are that the people of RT 01/RW 05 Gayam village, Mojoroto District, Kediri City know, understand, and can directly practice hydroponic farming. Community service activities run smoothly and successfully.
PENGARUH KECUKUPAN MODAL, KREDIT BERMASALAH, DAN RISIKO PASAR TERHADAP PROFITABILITAS Nikmatul Choiriyah; Hestin Sri Widiawati; Puji Astuti
Jurnal Maneksi Vol. 15 No. 3 (2026): Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
Publisher : Politeknik Negeri Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31959/jm.v15i3.4029

Abstract

Introduction: The purpose of this research is to analyze how the Capital Adequacy Ratio (CAR), Non-Performing Loans (NPL), and Net Interest Margin (NIM) impact profitability, indicated by Return on Assets (ROA), specifically within Rural Banks (Bank Perekonomian Rakyat/BPR) located in the Kediri area.Methods: This study used a quantitative approach, relying on secondary data from the 2025 financial reports of Rural Banks released by the Financial Services Authority (Otoritas Jasa Keuangan/OJK). The sample was selected using purposive sampling, resultg of 72 observations that met the specified criteria. The data were analyzed using multiple linear regression in the Statistical Package for the Social Sciences (SPSS) version 25. Before hypothesis testing, we evaluated classical assumptions, including normality, multicollinearity, heteroscedasticity, and autocorrelation, to validate the regression model.Results: The findings show that both the Capital Adequacy Ratio (CAR) and Net Interest Margin (NIM) have a positive and statistically significant impact on profitability. At the same time, Non-Performing Loans (NPL) demonstrate a negative and statistically significant effect on profitability. Collectively, CAR, NPL, and NIM significantly affect the profitability of rural banks in the Kediri region.Conclusion and Suggestion: The results indicate that the levels of capital adequacy, the quality of credit, and the capacity to earn net interest income are important determinants of the profitability of Rural Banks. Future studies should include more financial and macroeconomic factors and lengthen the observation timeframe to achieve more robust results. Keywords: Capital Adequacy Ratio; Non-Performing Loan; Net Interest Margin; Profitability; Rural Banks.
HUBUNGAN AKUNTABILITAS, TRANSPARANSI, DAN KOMPETENSI SUMBER DAYA MANUSIA DENGAN KUALITAS LAPORAN KEUANGAN UMKM DI KECAMATAN PRAMBON KABUPATEN NGANJUK TAHUN 2024 Sintya Gadis Sherly; Hestin Sri Widiawati; Erna Puspita
Pendas : Jurnal Ilmiah Pendidikan Dasar Vol. 11 No. 03 (2026): Volume 11 No. 03, September 2026 Processed
Publisher : Program Studi Pendidikan Guru Sekolah Dasar FKIP Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jp.v11i03.56266

Abstract

This study was motivated by the relatively low quality of financial statements among some Micro, Small, and Medium Enterprises (MSMEs), which is attributed to the suboptimal implementation of accountability, transparency, and human resource competence in business financial management. This study aims to analyze the effects of accountability, transparency, and human resource competence on the quality of MSME financial statements in Prambon District, Nganjuk Regency, in 2024. A quantitative approach with a survey method was employed in this research. The population consisted of 1,194 active MSMEs in Prambon District. The sample was determined using a simple random sampling technique and the Slovin formula with a 10% margin of error, resulting in 92 respondents. Data were collected through questionnaires using a Likert scale and analyzed using validity tests, reliability tests, classical assumption tests, multiple linear regression analysis, coefficient of determination (R²), t-tests, and F-tests with the assistance of SPSS software. The results indicate that accountability and transparency have a positive and significant effect on the quality of MSME financial statements, while human resource competence has a positive but insignificant effect. Simultaneously, accountability, transparency, and human resource competence significantly affect the quality of MSME financial statements. The Adjusted R Square value of 0.688 indicates that 68.8% of the variation in financial statement quality can be explained by these three variables, while the remaining 31.2% is influenced by other factors outside the scope of this study.
PENGARUH SOLVABILITAS, ARUS KAS OPERASI, ARUS KAS INVESTASI DAN ARUS KAS PENDANAAN TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN SEKTOR KEUANGAN SUB SEKTOR FINANCING SERVICE YANG TERDAFTAR DI BEI PERIODE 2021-2025 Rishma Adin Alfina; Hestin Sri Widiawati; Erna Puspita
Pendas : Jurnal Ilmiah Pendidikan Dasar Vol. 11 No. 03 (2026): Volume 11 No. 03, September 2026 Release
Publisher : Program Studi Pendidikan Guru Sekolah Dasar FKIP Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jp.v11i03.59209

Abstract

This study was motivated by the phenomenon of declining financial performance among companies in the financial sector, specifically the financing service sub-sector, as indicated by decreasing net income, increasing liabilities, and declining corporate cash balances. These conditions suggest problems in the management of solvency and cash flows, which may affect the companies' ability to generate profits. This study aims to analyze the effect of solvency, operating cash flow, investing cash flow, and financing cash flow on the financial performance of financing service companies listed on the Indonesia Stock Exchange during the 2021–2025 period.This study employed a quantitative approach using secondary data obtained from the companies' annual financial statements published by the Indonesia Stock Exchange. The sample consisted of 11 companies selected through purposive sampling, resulting in a total of 55 observations. The data were analyzed using classical assumption tests, multiple linear regression analysis, the coefficient of determination (R²), partial significance tests (t-test), and simultaneous significance tests (F-test), with the assistance of IBM SPSS software.The results indicate that solvency has a significant effect on financial performance, whereas operating cash flow, investing cash flow, and financing cash flow do not have a significant effect on financial performance. Furthermore, the simultaneous test reveals that solvency, operating cash flow, investing cash flow, and financing cash flow collectively do not have a significant effect on the financial performance of financing service companies listed on the Indonesia Stock Exchange during the 2021–2025 period.
PENGARUH SUSTAINABILITY REPORTING, UKURAN PERUSAHAAN DAN LEVERAGE TERHADAP NILAI PERUSAHAAN SEKTOR TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2022-2025 Ririn Fatmawati; Hestin Sri Widiawati; Erna Puspita
Pendas : Jurnal Ilmiah Pendidikan Dasar Vol. 11 No. 03 (2026): Volume 11 No. 03, September 2026 Processed
Publisher : Program Studi Pendidikan Guru Sekolah Dasar FKIP Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jp.v11i03.59216

Abstract

Firm value is an important indicator that reflects a company's success in enhancing shareholder wealth and attracting investors. This study aims to examine the effect of sustainability reporting, firm size, and leverage on firm value in transportation sector companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2025 period. This study employed a quantitative approach using a purposive sampling technique. Data were obtained from the companies' annual reports and sustainability reports and were analyzed using classical assumption tests, multiple linear regression analysis, and hypothesis testing. The results show that sustainability reporting has no significant effect on firm value. Firm size has a significant effect on firm value, while leverage also has a significant effect on firm value. Simultaneously, sustainability reporting, firm size, and leverage have a significant effect on firm value. Therefore, leverage is the most dominant variable affecting firm value, whereas sustainability reporting has not been able to influence firm value in transportation sector companies listed on the Indonesia Stock Exchange during the 2022–2025 period.
PENGARUH PERPUTARAN KAS, PERPUTARAN PIUTANG, PERPUTARAN PERSEDIAAN, DAN LEVERAGE TERHADAP PROFITABILITAS PADA PERUSAHAAN SEKTOR PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2021–2024 Hania Tri Utami; Hestin Sri Widiawati; Erna Puspita
Pendas : Jurnal Ilmiah Pendidikan Dasar Vol. 11 No. 03 (2026): Volume 11 No. 03, September 2026 Processed
Publisher : Program Studi Pendidikan Guru Sekolah Dasar FKIP Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jp.v11i03.59238

Abstract

This study aims to analyze the effect of cash turnover, receivable turnover, inventory turnover, and leverage on profitability in property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2021–2024. This study uses a quantitative approach with purposive sampling technique, resulting in 18 companies as samples with 72 units of analysis. Secondary data were obtained from annual financial reports through the official IDX website. Analysis techniques include classical assumption tests, multiple linear regression analysis, coefficient of determination (R²), t-test, and F-test using IBM SPSS Statistics 25. The results show that partially, cash turnover and leverage have a significant effect on profitability, while receivable turnover and inventory turnover do not have a significant effect. Simultaneously, all independent variables have a significant effect on profitability with a significance value of 0.014 < 0.05. The Adjusted R Square value of 14.0% indicates the ability of the independent variables to explain the variation in profitability.
Co-Authors Agustina, Leny Aldora Rahma Septia Amaliah Dewi, Riska Amandani, Yayang Erika Amin Tohari Andy Kurniawan Andy Kurniawan, Andy Aulia, Naya Azharul M, Muh Rizal Badrus Zaman Badrus Zaman Bagaskara, Ardha Dewa Budhi Utami Bunga Fanani Deby Arsita Debyla Ayu Wardana Devanty, Pipit Ritma Diah Nurdiwaty Dian Kusumaningtyas EFA WAHYU PRASTYANINGTYAS Efa Wahyu Prastyaningtyas EFA WAHYU PRASTYANINGTYAS, EFA WAHYU Eriana Sri Rahayu Erika Aprilia Rahayu Ery Firdawati Faisol Faisol Faisol Faisol Faisol Faris Aji Vagood Lucky Ferdi Yusuf Habibi Ferdiana, Nikki Firnanda, Vira Erna Hania Tri Utami Hendriawan, Muhammad Hidayati, Devita Imildha Oktavia Irawati, Rika Jepri Jannah, Amalya Miftahul Khafabi, Ian Rafi Linawati Linawati Linawati Linawati Linawati Luqmayanti, Fadillah M., Bella Ratri Marzuki, Ahmad Ma'ruf Miftahul Huda Muh Rizal Azharul M Muyassaroh, Nur Arifatul Nadya Putri Wijaya Nafis, Moh. Abi Adhurun Naomi Nathania Wijaya Nikmatul Choiriyah Nova Diana Tantri Noverdiana, Rorelysia Putri Pranesti, Anasya Bimbi Puji Astuti Puji Astuti Puspita Ayu Nirmala Puspita, Erna Putri Wulan Guretno Putri, Elvika Nungki Chintia Putri, Fine Ferda Sella Putri, Lendy Syahira Lismawati RA. Jauza Hanun R.W.H Rahayu, Ajeng Nafa Dianty Rina Yuliana Rip'atin, Miftakul Ririn Fatmawati Rishma Adin Alfina Rivan Dea Nova Putra Romadhony, Rahmad Irfan Saputri, Vilda SB, Sigit Wisnu Setiani, Rina Lailatul Ayuk SIGIT PUJI WINARKO Sintya Gadis Sherly Soekowati, Iis Endang Solikah, Mar atus solikah, mar'atus Solikah, Mar’atus Sugeng Sugeng Sugeng Suhardi Suhardi Tiara Risa Dwi Chandra Tika Ayu Agustin Wa Rosmina Wahyuni, Yayuk Wijayanti, Mella Wulandari Wulandari Wulandari, Riska Ulfa Yayang Dea Masuqa Zulaikah, Dewi