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The Effect of Financial Literacy, Financial Inclusion, Fintech Crowdfunding on MSME Performance in Sidoarjo Regency: Pengaruh Literasi Keuangan, Inklusi Keuangan, Fintech Crowdfunding Terhadap Kinerja UMKM di Kabupaten Sidoarjo Dewi, Ajeng Listyo; Setiyono, Wisnu Panggah
Indonesian Journal of Innovation Studies Vol. 20 (2022): October
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (226.068 KB) | DOI: 10.21070/ijins.v20i.727

Abstract

In 2020, Indonesia and even the world experienced a COVID-19 pandemic. As a result, many aspects of life were affected by the COVID-19 pandemic, including the economic aspect. One of the efforts to rebuild the economic aspect is to encourage the performance of MSMEs in a country. MSMEs are an important engine to encourage a country's economic growth. This study aims to develop previous research on the effect of financial literacy, financial inclusion, and fintech crowdfunding on MSME performance in the Sidoarjo Regency. This study used cluster random sampling as a sampling technique. A total of 177 MSME owner-manager questionnaire data were processed using multiple linear regression analysis. The results of the study prove that there is a positive and significant influence between financial literacy on the performance of MSMEs, financial inclusion has a positive and significant effect on the performance of MSMEs, and fintech crowdfunding has a negative and insignificant effect on the performance of MSMEs. This study shows that MSME business owners need to be technology and financial literate because it can enable them to make good financial decisions to ensure the sustainability of their business.
Analysis of Internal Control Information System Product Conversion Cycle Management: Analisis Pengendalian Internal Sistem Informasi Manajemen Siklus Konversi Produk Maghfiro, Putri Lailatul; Setiyono, Wisnu Panggah
Indonesian Journal of Innovation Studies Vol. 20 (2022): October
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (238.232 KB) | DOI: 10.21070/ijins.v20i.744

Abstract

Suppliy is one of thei iimportant assiet hiad biy compiany. Becausie suppliy repriesent assiet of hience muist be done interinal contriol whiich is good to takiing carie of thie suppliy from ugliy thiings is whiich is possibile happiened the. Systeim of interinal contriol of sttock to contriol anid manaige thei stiock. Espiecial tariget friom operaition to the suppliy is protiect the suppliy and reporit it precisiely in fiinancial statiement. Methiod usedi by is apprioach methodi qualitatiive that iis, descriiptive analysiis. From resiearch resiult at Konter Phoenix Jaya Cabang Krian repriesent a periipatetic compiany is area of fruiit distriibutor iimport, or more knowledgeabile as fruiiterer iimport the griocery and at retaiil. Sysitem evaluatiion, iinternal contriol to the suppliy have effectiive, whiere exiistence of dutiy diissociation of betiween functiions of relaited to revienue and expendiiture goods. Moniitoring to merchaniidise stoick is allso condiucted routiinely eaich;everry oine montth oncce by warehiouse sharies through the stock actiivity hospitaliize tthe. Systiem off iinventory contriol of merchandiise at Konter Phoenix Jaya branch Krian have waliked betiter.
Rupiah Exchange Rate, Inflation, and Interest Rates Against LQ45 Index Share Prices Listed on the IDX in Banking Companies: Kurs Rupiah, Inflasi, dan Tingkat Suku Bunga Terhadap Harga Saham Indeks LQ45 yang Terdaftar di BEI pada Perusahaan Perbankan Mawanda, Maulita Dhea; Setiyono, Wisnu Panggah
Indonesian Journal of Innovation Studies Vol. 21 (2023): January
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (232.196 KB) | DOI: 10.21070/ijins.v21i.770

Abstract

This study aims to examine the effect of the Rupiah Exchange Rate, Inflation, Interest Rates on Stock Prices. The approach used in this research is a quantitative approach. The population in this study are 45 LQ45 indexed companies listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling method. The sample in this study was 60 samples obtained from 5 banking companies included in the LQ45 index during the 2019-2021 period. The data used in this study is secondary data taken from the Indonesia Stock Exchange. Analysis of the data used in this study is Eviews version 9 with the aim of testing the Rupiah Exchange (X1), Inflation (X2), and Interest Rates (X3) on Stock Prices (Y). The results of this study indicate that simultaneously there is a significant effect between the Rupiah Exchange Rate, Inflation, and Interest Rates on Stock Prices. While partially the Rupiah exchange rate has a significant negative effect on stock prices and interest rates have a significant positive effect on stock prices, while inflation has no significant effect on stock prices.
Enhancing Global Teacher Performance Through Administrative Digitalization: Meningkatkan Kinerja Guru Global Melalui Digitalisasi Administrasi Sambiono, Daris; Setiyono, Wisnu Panggah
Indonesian Journal of Innovation Studies Vol. 25 No. 1 (2024): January
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijins.v25i1.1085

Abstract

This study investigates the impact of management and administrative digitalization on teacher performance, moderated by work motivation, in three educational institutions within Perguruan Muhammadiyah Porong. Utilizing Partial Least Squares (PLS) regression analysis through SmartPLS 3.0 software, the research reveals that while digitalization of administration significantly enhances teacher performance, digitalization of management does not. Additionally, the interaction between digitalization and work motivation does not significantly influence performance. These findings emphasize the importance of administrative digitalization in improving teacher performance and suggest implications for educational institutions aiming to optimize digitalization strategies to enhance overall educational quality. Hightligh: Administrative digitalization improves teacher performance significantly. Work motivation's moderation on digitalization's impact is insignificant. Administrative digitalization crucial for enhancing overall educational quality. Keywords: Digitalization, Management, Administration, Teacher Performance, Work Motivation
Impact of Investment, Funding, and Dividend Policies on Food & Beverage Firms' Valuation: IDX 2018-2021: Dampak Kebijakan Investasi, Pendanaan, dan Dividen terhadap Penilaian Perusahaan Makanan & Minuman: BEI 2018-2021 Mahmudah, Siti Miftakhurrohmah; Setiyono, Wisnu Panggah
Indonesian Journal of Public Policy Review Vol. 25 No. 2 (2024): April
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijppr.v25i2.1368

Abstract

This study examines the impact of investment decisions, funding choices, and dividend policies on firm value in the Food and Beverage sector. Analyzing data from 14 IDX-listed companies over 2018-2021, findings indicate significant positive effects of investment and funding decisions on firm value, while dividend policy's influence is negative and insignificant. Together, these factors explain 75.3% of firm value variation, highlighting the pivotal role of strategic financial decisions in shaping company worth and suggesting managerial implications. Highlight : Strategic Financial Decisions: Investment and funding choices significantly impact firm value. Dividend Policy: Despite being insignificant, dividend policy's effect on firm value is negative. Sector-specific Analysis: Findings offer insights into financial dynamics within the Food and Beverage industry. Keywords: Investment, Funding, Dividend Policy, Firm Value, Food & Beverage
Pengaruh Fluktuasi Harga, Literasi Keuangan, dan Pengetahuan Investasi terhadap Keputusan Investasi di Sidoarjo Alviana, Melisa; Setiyono, Wisnu Panggah; sriyono, sriyono
Jurnal Disrupsi Bisnis Vol. 8 No. 6 (2025): Jurnal Disrupsi Bisnis
Publisher : Prodi Manajemen, Fakultas Ekonomi, Universitas Pamulang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32493/drb.v8i6.54843

Abstract

Penelitian ini bertujuan: (1) menguji fluktuasi harga terhadap keputusan investasi Generasi Z di Sidoarjo, (2) menguji literasi keuangan terhadap keputusan investasi Generasi Z di Sidoarjo, (3) menguji pengetahuan investasi terhadap keputusan investasi Generasi Z di Sidoarjo, dan (4) menguji fluktuasi harga, literasi keuangan, dan pengetahuan investasi secara simultan terhadap keputusan investasi Generasi Z di Sidoarjo. Teknik pengumpulan data dilakukan melalui kuesioner online berbasis Google Form. Populasi penelitian ini adalah Generasi Z yang berdomisili di Kota Sidoarjo, sedangkan sampel dipilih menggunakan metode purposive sampling dengan jumlah 100 responden. Analisis data menggunakan Structural Equation Modeling (SEM) berbasis SmartPLS. Hasil penelitian menunjukkan bahwa fluktuasi harga tidak berpengaruh signifikan terhadap keputusan investasi, dibuktikan dengan nilai t-statistic sebesar 1,031 (< 1,96) dan p-values 0,303 (> 0,05). Literasi keuangan berpengaruh positif dan signifikan terhadap keputusan investasi, dengan t-statistic 4,472 (> 1,96) dan p-values 0,000 (< 0,05). Pengetahuan investasi tidak berpengaruh signifikan terhadap keputusan investasi, ditunjukkan oleh t-statistic 1,414 (< 1,96) dan p-values 0,158 (> 0,05). Secara simultan, fluktuasi harga, literasi keuangan, dan pengetahuan investasi terbukti berpengaruh terhadap keputusan investasi Generasi Z di Sidoarjo.
Peran Return On Asset (ROA) Sebagai Variabel Intervening Pada Ukuran Perusahaan Dan Leverage Terhadap Harga Saham Perbankan Syariah Indonesia Ningrum, Galuh Kharisma; Sriyono, Sriyono; Setiyono, Wisnu Panggah
REVITALISASI : Jurnal Ilmu Manajemen Vol 14 No 2 (2025): REVITALISASI : Jurnal Ilmu Manajemen
Publisher : Universitas Islam Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32503/revitalisasi.v14i2.7757

Abstract

Islamic banking is a financial institution that functions as an intermediary for parties who have excess funds with parties who lack funds to carry out business activities and other activities in accordance with Islamic law. The development of Islamic banking in Indonesia in recent years has shown significant growth, ho wever, it has not been followed by an increase in stock prices. This will cause investors to be uninterested in buying shares in Islamic Banks. This study aims to determine the effect of company size and leverage on stock prices through return on assets (ROA) as an intervening variable in Indonesian Islamic banking. The results of this study show that firm size and leverage have a significant positive effect on stock price, while unexpectedly, ROA has a significant negative effect on stock price. On the other hand, ROW was shown to significantly mediate the effect of firm size on stock price, but not the effect of leverage. The effect of leverage on stock price is driven more by market perceptions of risk and growth potential, rather than how efficiently the company manages its assets through debt financing. This means that investors assess the use of debt more as a company's external strategy that does not always reflect an increase in internal profitability performance.
Pengaruh Literasi Keuangan, Perilaku Keuangan, dan Motivasi Investasi terhadap Minat Investasi Generasi Z di Sidoarjo Andaru Hapsari Putri; Wisnu Panggah Setiyono; Detak Prapanca
Permana : Jurnal Perpajakan, Manajemen, dan Akuntansi Vol. 17 No. 3 (2025): Special Issue
Publisher : Faculty of Economics and Business, University of Pancasakti Tegal

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24905/permana.v17i3.1300

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Literasi Keuangan, Perilaku Keuangan, dan Motivasi Inves­tasi terhadap Minat Investasi Generasi Z di Sidoarjo. Pene­litian ini menggunakan pendekatan kuantitatif dengan meto­de pengumpulan data melalui penyebaran kuesioner kepada responden. Teknik pengambilan sampel menggu­nakan metode non-probability sampling dengan pendekatan pur­po­sive sampling, dengan jumlah sampel sebanyak 96 responden yang merupakan Generasi Z berusia 18 hingga 28 tahun yang berdomisili di Sidoarjo dan berstatus sebagai mahasiswa atau pekerja muda. Data yang diperoleh diukur menggunakan skala Likert dan dianalisis menggunakan IBM SPSS Statistics 26. Hasil penelitian diharapkan mampu memberikan bukti empiris terkait sejauh mana Literasi Keuangan, Perilaku Keuangan, dan Motivasi Investasi berpengaruh terhadap Minat Investasi Generasi Z di Sidoarjo.
Pengaruh Literasi Keuangan, Persepsi Risiko, Dan Sosial Media Influencer Terhadap Minat Investasi Gen-Z Di Sidoarjo Widya Adinda Lestari; Wisnu Panggah Setiyono; Detak Prapanca
Permana : Jurnal Perpajakan, Manajemen, dan Akuntansi Vol. 17 No. 3 (2025): Special Issue
Publisher : Faculty of Economics and Business, University of Pancasakti Tegal

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24905/permana.v17i3.1315

Abstract

Tujuan dari penelitian ini adalah untuk menganalisis pengaruh literasi keuangan, persepsi risiko, dan sosial media influencer terhadap minat investasi Generasi Z di Kabupaten Sidoarjo. Penelitian ini bertujuan mengisi gap literatur terkait faktor-faktor yang mempengaruhi minat investasi di kalangan generasi muda dengan latar belakang lokal dan karakteristik psikologis unik mereka. Metode yang digunakan adalah penelitian kuantitatif dengan pendekatan explanatori, mengumpulkan data primer dari responden Generasi Z yang telah dan belum berinvestasi di pasar saham melalui kuesioner berbasis skala likert. Sampel diambil menggunakan rumus Lemeshow dengan jumlah 96 responden, kemudian dianalisis menggunakan Structural Equation Modeling dengan pendekatan analisis jalur Partial Least Square (PLS) melalui perangkat lunak SmartPLS versi 3.0. Hasil penelitian menunjukkan bahwa secara simultan, literasi keuangan, persepsi risiko, dan sosial media influencer mampu menjelaskan 44,1% varians minat investasi. Secara individual, literasi keuangan dan sosial media influencer memiliki pengaruh positif dan signifikan terhadap minat investasi, sementara persepsi risiko berpengaruh positif namun kontribusinya relatif kecil. Kesimpulan dari penelitian ini menegaskan pentingnya peningkatan literasi keuangan dan peran influencer digital dalam mendorong minat investasi generasi muda di Sidoarjo. Penelitian ini memberikan implikasi praktis bagi pembuat kebijakan dan pelaku edukasi keuangan untuk memanfaatkan media sosial dan meningkatkan literasi keuangan sebagai strategi peningkatan partisipasi investasi di kalangan generasi muda
Pengaruh Financial Technology, Literasi Keuangan, dan Kepercayaan Terhadap Perilaku Keuangan Mahasiswa di Sidoarjo Muhammad Yusril Fahmi Alhanif; Wisnu Panggah Setiyono; Detak Prapanca
Permana : Jurnal Perpajakan, Manajemen, dan Akuntansi Vol. 17 No. 3 (2025): Special Issue
Publisher : Faculty of Economics and Business, University of Pancasakti Tegal

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24905/permana.v17i3.1335

Abstract

Tujuan penelitian ini bertujuan untuk mengetahui pengaruh Financial Technology, Literasi Keuangan, dan Kepercayaan terhadap Perilaku Keuangan mahasiswa di Sidoarjo. Penelitian ini menggunakan pendekatan kuantitatif dengan metode deskriptif. Populasi penelitian adalah seluruh mahasiswa di Sidoarjo, dan pengambilan sampel menggu­nakan teknik non-probability sampling dengan pendekatan purposive sampling sebanyak 100 responden. Data dikum­pul­kan melalui penyebaran kuesioner secara daring menggu­nakan Google Form, kemudian dianalisis menggunakan metode Partial Least Square (PLS) dengan bantuan software SmartPLS versi 3.0. Hasil penelitian menunjukkan bahwa Financial Technology berpengaruh positif dan signifikan terhadap Perilaku Keuangan mahasiswa, Literasi Keuangan juga berpengaruh positif dan signifikan, serta Kepercayaan terbukti menjadi faktor dominan yang memengaruhi Perilaku Keuangan mahasiswa.
Co-Authors Ahmad Kahfiatur Rohman Aicha Ari Romadona Alfisyahr, Rizal Aliwarno Aliwarno Alshaf Pebrianggara Alviana, Melisa Andaru Hapsari Putri Andayani, Fatma Dwi Andika, Fahmi Andriannoor, Renaldy Anggraini, Rusmalina Aprilia Afni Furoidah Arbiya Magfiroh Rohmi Ardiandana, Mohammad Rengga Arif Syaifudin, Arif Arif, M.Arif Dwi Maulidin Arto, Thoriqi Juni Arum Ambarsari Ayun Niyawati Boy Isma Putra Choiron, Ramadhani Nurul Daniel Happy Putra Detak Prapanca Dewi Andriyani Dewi, Ajeng Listyo Didin Septian Mahardiana Suprayoga Dina Dwi Oktavia Rini Dwi Agustin, Siska Diah Dwi Sri Rezeki Dyah Renita Setyaningayu Elive Twi Etik Fadia Ika Nurwahyuni Fajar Prayogi, Achmad Brian ferdi ardiansyah, ferdi Habibie, Muhammad Yusuf Hadiah Fitriyah Hartiningsih, Nadhita Bhela Herlinda Maya Kumala Sari, Herlinda Maya Kumala Ika Khusnul Fadilah Iktiasari, Firra Mayang Imelda Dian Rahmawati Indi Ulfa Irma Nur Aisiyah Istichomah, Nesti Joko Trihono Kautsarina, Raisa Kurniati, Novita Yuli Lia Ernawati Lisdiana, Dela Lusi Rahmawati M Idris, M Idris Maghfiro, Putri Lailatul Mahmudah, Siti Miftakhurrohmah Mar’aqonitatillah, Ana Masyita, Siti Mawanda, Maulita Dhea Miftahul Jannah Mochamad Rizal Yulianto Mochammad Rendy Pamungkas Mohammad Iqbal Mudjib, Affandy Winarko Muhammad Iqbal Muhammad Luthfi Muhammad Sabdo Sartam Muhammad Yani, Muhammad Muhammad Yusril Fahmi Alhanif Mukhammad Shofyan Mursida, Safrinia Nesia Odila Ningrum, Galuh Kharisma Nur Ravita Hanun Pradianingsih, Rini Pramesari, Alifia Hayunda Pramesta, Novi Indah Putra, Agung Tovanda Putra, Andri Nusantara Putri, Hanifah Silvia Rafly Firdaus Budiartomo Rifka Ulinnuhya Annafa Rizal Alfisyahr Rizal, As'at Rohmawati, Putri Dewi Safinatuz Zuhriyah Sambiono, Daris Shofyan, Mukhammad Sigit Hermawan Sriyono Sriyono Sriyono Sriyono Sriyono Supardi Supardi Supardi Supardi Supardi Supardi Surya Krisna, Intan Salsabila Trihono, Joko Triyanto, Ade Ulandari, Ninis Vera Firdaus Vionita, Silvia Al Warto Warto Widya Adinda Lestari Wigy Prayoga Wijaya, Roesmanta Adi Wisnu, Sriangger Denhanggodho Zannah, Harum Umi Nur Zhely Varesha Audiva Audiva