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Growth and Liquidity on Firm Value : The Role of Mediating Profitability Cahyani, Rahma Mauli; Khaerunnisa, Enis; Mahmudi, Bambang
Jurnal Riset Akuntansi Terpadu Vol 17, No 2 (2024)
Publisher : FEB Universitas Sultan Ageng Tirtayasa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35448/jrat.v17i2.29244

Abstract

This study aims to determine the effect of Growth and liquidity on firm value with the role of profitability as a mediating variable in food and beverage sub-sector companies listed on the Indonesia Stock Exchange for the period 2014 - 2023. The data collection method used in this study is purposive sampling of food and beverage sub-sector companies listed on the Indonesia Stock Exchange for 2014 - 2023, with a selected sample of 11 companies. Data processing was done using the SPSS application, which used descriptive statistical data analysis techniques and inferential statistics. The results of this study indicate that: (1) Growth as proxied by asset growth has no significant effect on firm value. (2) Liquidity proxied by the current ratio has a significant negative effect on firm value. (3) Profitability proxied by return on assets can mediate the effect of Growth and liquidity on firm value.
PENGARUH UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL INTERVENING Pangesti, Graceta; imron, ali; Mahmudi, Bambang; Hakim, Lukmanul
SULTANIST: Jurnal Manajemen dan Keuangan Vol. 8 No. 2 (2020): Desember
Publisher : Sekolah Tinggi Ilmu Ekonomi Sultan Agung Pematangsiantar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37403/sultanist.v8i2.220

Abstract

Tujuan penelitian ini menganalisis pengaruh ukuran perusahaan terhadap nilai perusahaan diproksikan dengan Tobin's Q melalui struktur modal yang diproksikan dengan Debt Equity Ratio sebagai variabel intervening perusahaan Indeks LQ-45 terdaftar di BEI periode 2009 - 2018. Populasi perusahaan indeks LQ-45 yang terdaftar di Bursa Efek Indonesia dengan periode penelitian 10 tahun terakhir 2009 sd 2018. Sampel menggunakan metode purposive sampling berjumlah 39 perusahaan. Data berdasarkan publikasi Bursa Efek Indonesia (BEI). Variabel yang digunakan adalah ukuran perusahaan sebagai variabel bebas, nilai perusahaan sebagai variabel terikat, struktur modal sebagai variabel intervening. Pengujian hipotesis menggunakan teknik uji model (path analysis) dengan perangkat versi aplikasi IBM 20. Hasil membuktikan (1) Ukuran perusahaan berpengaruh negatif dan signifikan terhadap nilai perusahaan. (2) Nilai perusahaan berpengaruh positif dan signifikan terhadap struktur modal. (3) Struktur modal tidak berpengaruh positif dan signifikan terhadap nilai perusahaan. (4) Struktur modal mampu memediasi pengaruh ukuran perusahaan terhadap nilai perusahaan
The Evolution of FinTech and its Effects on Financial Decision Making: A Systematic Literature Review Mahmudi, Bambang
Management Studies and Business Journal (PRODUCTIVITY) Vol. 1 No. 1 (2024): Management Studies and Business Journal (PRODUCTIVITY)
Publisher : Penelitian dan Pengembangan Ilmu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62207/fndptp12

Abstract

The development of FinTech technology has changed the financial landscape, having a significant impact on individual and corporate financial decision-making. Through a systematic literature review, this research investigates the evolution of FinTech and its effects on financial management behavior, product preferences, investment decisions, and consumer confidence. FinTech has improved accessibility, product innovation, data analysis, competition in the market, and security, while also raising challenges such as data security issues and the risk of bias in decision making. With a deeper understanding of this relationship, steps can be taken to maximize the benefits of FinTech while minimizing the risks.
Corporate Governance Mechanisms and Financial Performance: A Systematic Literature Review in Emerging Markets Mahmudi, Bambang
Management Studies and Business Journal (PRODUCTIVITY) Vol. 1 No. 3 (2024): Management Studies and Business Journal (PRODUCTIVITY)
Publisher : Penelitian dan Pengembangan Ilmu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62207/gqtv4c76

Abstract

This research investigates the relationship between corporate governance mechanisms and financial performance in emerging markets. Through a systematic literature review approach, researchers analyze various studies that have been conducted to understand the role of board of directors composition, institutional ownership, and financial reporting transparency in influencing company performance. The findings show that a diverse board of directors composition, strong institutional ownership, and financial reporting transparency have a significant impact on a company's financial performance. Apart from that, the relationship between corporate governance and financial performance is also supported by various theories such as agency theory, stewardship and collective action. This research provides a better understanding of the importance of effective governance practices in achieving sustainable financial performance in emerging markets.
Exploring the Landscape of Big Data Analytics in Financial Decision Making Mahmudi, Bambang
Accounting Studies and Tax Journal (COUNT) Vol. 1 No. 2 (2024): Accounting Studies and Tax Journal
Publisher : Penelitian dan Pengembangan Ilmu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62207/7spd4813

Abstract

Big Data analysis has become an integral part of financial decision making in the modern corporate context. In an increasingly complex and competitive environment, a deep understanding of the factors that influence the success of Big Data analysis is critical. This research aims to investigate the role of variables such as data quality, data security, technology infrastructure, data analysis skills and expertise, leadership and organizational culture, regulations and compliance, and clear business objectives in corporate financial decision making. Using a literature analysis approach, we found that high data quality, strong data security, adequate technology infrastructure, high data analysis skills and expertise, supportive leadership, regulatory compliance, and clear business objectives each contribute positively to the effectiveness of Big Data analysis in supporting financial decision making. These findings highlight the importance of holistic integration of these factors in efforts to improve corporate financial decision-making processes.
The Nutrient Content of Eco-enzymes from Mixture of Various Fruit Peels Siregar, Benedicta Lamria; Siallagan, Rexi Sebastian; Butar Butar, Suwarnita; Mahmudi, Bambang; Pujiastuti, Elisabeth Sri
Agro Bali : Agricultural Journal Vol 7, No 2 (2024)
Publisher : Universitas Panji Sakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37637/ab.v7i2.1646

Abstract

Today, many institutions and individuals are paying attention to the development of technologies used in sustainable agriculture.  One of the technologies is eco-enzyme that can be used as organic fertilizer.  Several researchers have studied the use of eco-enzymes in agriculture, but studies on the nutrient content of eco-enzymes are still very limited. This research was conducted to investigate the nutrient content of two eco-enzyme preparations. The eco-enzymes were produced through the fermentation process of water, fruit peels, and molasses with a weight ratio of 10 : 3 : 1. Fruit peels used for Eco-enzyme A were banana, melon, watermelon, orange, and pineapple peels, while for Eco-enzyme B were banana, mango, watermelon, orange, and pineapple peels. The fermentation period for Eco-enzyme A was seven months, while for Eco-enzyme B was eight months. The results of the analysis showed that the two eco-enzymes contained various nutrients, both macro (C, N, P, K, Mg, Ca) and micro (Mn, Zn, B, Fe, Cu) ones, that were consistently higher in Eco-enzyme A. Both eco-enzymes were acidic, where the pH of Eco-enzyme A and B were 3.95 and 3.50, respectively. The data obtained were expected to be a basic reference for further research on eco-enzymes.
The Effect of Liquidity, Leverage, and Profitability on Financial Distress with Company Size as a Moderation Variable Hidayat, Robbi; Mahmudi, Bambang; Suryani, Emma
Innovative: Journal Of Social Science Research Vol. 4 No. 4 (2024): Innovative: Journal Of Social Science Research
Publisher : Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/innovative.v4i4.14356

Abstract

Industri otomotif merupakan salah satu sektor manufaktur terbesar yang menjadi penggerak pertumbuhan ekonomi di Indonesia. Potensi pasar yang besar dan tingginya permintaan kendaraan bermotor, didukung oleh kemampuan produksi dalam negeri, mendorong pemerintah untuk menargetkan peningkatan produksi mobil guna mendongkrak ekspor ke berbagai negara. Kondisi ini berdampak pada seluruh pelaku rantai pasok otomotif Indonesia, termasuk PT XYZ yang mengelola logistik ekspor dan impor mobil. Menyikapi perkembangan tersebut, PT XYZ berencana membangun gedung parkir bertingkat baru untuk menambah kapasitas terminalnya, yang akan dinilai kelayakannya melalui studi ini. Studi kelayakan merupakan studi pengukuran kelayakan dan profitabilitas suatu proyek bisnis. Studi kelayakan yang dirinci sebagai studi kelayakan finansial ini menggunakan Capital Budgeting Analysis sebagai metodenya. Metode ini menggunakan beberapa indikator, seperti Net Present Value, Internal Rate of Return, dan Payback Period, yang dapat diperkaya dengan metrik finansial lainnya. Analisis ini dapat memperkirakan kondisi keuangan perusahaan di masa mendatang dan risiko yang mungkin dihadapi melalui perhitungan sensitivitas. Proyek investasi pembangunan gedung baru oleh PT XYZ dinilai layak karena memperoleh Net Present Value (NPV) positif sebesar Rp136.654.040.230. Proyek ini juga memiliki internal rate of return sebesar 14%, sedikit lebih tinggi dari discount rate atau biaya modal sebesar 12,3%. Payback period yang didiskontokan juga lebih pendek dari umur ekonomis aset, yaitu 17,5 tahun. Struktur modal proyek ini dibebani biaya di awal dan dibebani pendapatan di akhir. Analisis sensitivitas menunjukkan bahwa laju alir mobil di terminal dan discount factor merupakan determinan utama perubahan NPV proyek. Sementara itu, faktor biaya yang paling mempengaruhi perubahan NPV adalah material, upah, dan tarif sewa lahan.
Inovasi Keuangan dan Transformasi Perbankan: Studi Kasus Pada Pengembangan Layanan Perbankan Digital Judijanto, Loso; Hariyanti, Hariyanti; Mahmudi, Bambang; Febriansyah, Febriansyah; Siahaan, Matdio
Jurnal Cahaya Mandalika ISSN 2721-4796 (online) Vol. 3 No. 2 (2022)
Publisher : Institut Penelitian Dan Pengambangan Mandalika Indonesia (IP2MI)

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

Abstract

Artikel jurnal ini membahas dampak inovasi keuangan terhadap transformasi sektor perbankan, dengan fokus pada pengembangan layanan perbankan digital. Penelitian ini menggunakan pendekatan studi kasus untuk menggambarkan bagaimana inovasi keuangan memainkan peran kunci dalam mengubah lanskap perbankan tradisional. Studi ini mengidentifikasi berbagai jenis inovasi keuangan yang telah diadopsi oleh lembaga keuangan, khususnya perbankan, dan menganalisis dampaknya terhadap pengembangan layanan perbankan digital. Faktor-faktor yang mendorong adopsi inovasi keuangan, seperti perkembangan teknologi informasi dan perubahan perilaku konsumen, menjadi fokus utama penelitian. Dalam konteks layanan perbankan digital, penelitian ini mengeksplorasi bagaimana inovasi keuangan telah memungkinkan perbankan untuk meningkatkan efisiensi operasional, memberikan pengalaman pelanggan yang lebih baik, dan menciptakan model bisnis yang baru. Studi kasus menyelidiki implementasi teknologi seperti kecerdasan buatan, blockchain, dan fintech dalam meningkatkan layanan perbankan digital. Hasil penelitian menyoroti bahwa inovasi keuangan bukan hanya mendorong efisiensi internal perbankan, tetapi juga mengubah cara pelanggan berinteraksi dengan layanan keuangan. Dengan adopsi layanan perbankan digital, terjadi peningkatan aksesibilitas dan inklusivitas keuangan bagi masyarakat. Namun, tantangan seperti keamanan data dan regulasi juga menjadi fokus diskusi dalam artikel ini. Secara keseluruhan, artikel jurnal ini memberikan wawasan mendalam tentang peran inovasi keuangan dalam mengubah paradigma perbankan menuju layanan perbankan digital yang lebih responsif dan efisien. Penelitian ini dapat memberikan panduan berharga bagi industri keuangan dan peneliti untuk memahami dinamika transformasi sektor perbankan di era digital.
THE EFFECT OF LEVERAGE ON PROFITABILITY WITH ACTIVITY RATIO AS AN INTERVENING VARIABLE IN PROPERTY AND REAL ESTATE COMPANIES LISTED ON THE IDX 2017 - 2021 PERIOD Pasya, Syafira Meilia; Mahmudi, Bambang; Suryani, Emma; Rosyid, Abdul; Mulyani, Ana Susi
Management Science Research Journal Vol. 2 No. 4 (2023): November 2023
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v2i4.81

Abstract

Financial performance is an illustration of the company's success achievement can be interpreted as the results that have been achieved on various activities that have been carried out. This study aims to determine whether debt policy affects profitability with Activity Rattio as an intervening variable. The population of this study are Real Estate and Property companies listed on the Indonesia Stock Exchange for the period 2017-2021. The sampling in this study uses the Purposive Sampling method. Analysis of the data used in this research is Programming Software SPSS (Statistic Package for the social Sciens) for the windows 29 version. The results of this study indicate that (1) leverage as measured using the Debt To Asset Ratio (DAR) has no positive effect on Return On Assets (ROA); (2) leverage as measured using the Debt To Asset Ratio (DAR) has a positive effect on the activity ratio as measured using Total AIset Turnover (TATO); (3) the activity ratio as measured using Total Asset Turnover (TATO) has no positive effect on profitability as measured using Return On Assets (ROA); (4) activity risk cannot mediate the relationship between leverage and profitability in Property and Real Estate companies listed on the Indonesia Stock Exchange for the 2017-2021 period.
THE EFFECT OF EARNING PER SHARE (EPS) AND RETURN ON EQUITY (ROE) ON STOCK PRICES WITH INFLATION AS MODERATING VARIABLE (Study on Financing institutions listed on the Indonesian Stock Exchange 2012-2021 Period) Rizkina, Zahira; Mahmudi, Bambang; Khaerunnisa, Enis
Management Science Research Journal Vol. 2 No. 4 (2023): November 2023
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v2i4.84

Abstract

Financing institution play a large role for the people of a country in the process of distributing fund as a driver of the economy. In financial institutions, share prices play an important role as a barometer of company success. This study aims to determine the effect of Earning Per Share (EPS) and Return On Equity (ROE) on stock prices with inflation as a moderating variable in financial institution companies listed on the Indonesia Stock Exchange during the period 2012-2021. This research used a purposive sampling technique with a sample size of 7 samples from 18 financial institution companies, so that the research data analyzed amounted to 70 data. This research uses the SPSS V.20 application as a data analysis tool which will be described using descriptive statistical methods, classical assumptions, hypothesis testing, and Moderate Analysis Regression (MRA). The research result obtained partially show that EPS a positive and significant influence on stock prices. ROE and inflation have a negative and significant influence on stock prices. And partially, inflation is able to moderate the relationship between EPS on share prices. And inflation is unable to moderate ROE on share prices in financial institution companies.