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Pengaruh Cash Holding, Investment Opportunity Set, dan Dividend Policy terhadap Firm Value Dewi, Atika Somantri; Nurbaiti, Beti; Ningrum, Endah Prawesti; Nuryati, Tutty; Yulaeli, Tri
SCIENTIFIC JOURNAL OF REFLECTION : Economic, Accounting, Management and Business Vol. 8 No. 4 (2025): SCIENTIFIC JOURNAL OF REFLECTION: Economic, Accounting, Management, & Business
Publisher : Sekolah Menengah Kejuruan (SMK) Pustek

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/sjr.v8i4.1213

Abstract

The consumer non-cyclicals sector has experienced sluggish stock price movements in recent years due to weakened currency performance and declining purchasing power. These conditions raise concerns about the factors influencing firm value in this sector. This study aims to examine the effect of cash holding, investment opportunity set, and dividend policy on firm value in non-cyclical consumer goods companies listed on the Indonesia Stock Exchange. The research applies a quantitative approach using secondary data from annual financial reports for the 2020–2023 period, involving 46 companies selected through purposive sampling. Data analysis was conducted using panel data regression with the common effect model, supported by classical assumption tests and hypothesis testing. The results show that, partially, investment opportunity set has a significant positive effect on firm value, while cash holding and dividend policy do not significantly influence firm value. Simultaneously, all three variables jointly affect firm value. These findings highlight the importance of future investment prospects as a key driver of firm value, whereas cash reserves and dividend distributions appear to play a less decisive role in investor decision-making.
Pengaruh Aset Berwujud, Pertumbuhan Penjualan dan Risiko Bisnis terhadap Struktur Modal Sari, Ayu Permata; Nurbaiti, Beti; Ningrum, Endah Prawesti; Nuryati, Tutty; Yulaeli, Tri
SCIENTIFIC JOURNAL OF REFLECTION : Economic, Accounting, Management and Business Vol. 8 No. 4 (2025): SCIENTIFIC JOURNAL OF REFLECTION: Economic, Accounting, Management, & Business
Publisher : Sekolah Menengah Kejuruan (SMK) Pustek

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/sjr.v8i4.1215

Abstract

The property and real estate sector has faced significant challenges in recent years, particularly due to the Covid-19 pandemic and rising interest rates. These conditions have impacted corporate financing decisions, especially capital structure. This study aims to examine the effect of tangible assets, sales growth, and business risk on capital structure among property and real estate companies listed on the Indonesia Stock Exchange. A quantitative approach was used, employing secondary data derived from annual financial reports for the period 2019–2023. To meet the classical assumption requirements and enhance data normality, capital structure data was transformed using a square root, and the data series was differenced, resulting in a final sample of 176 firm-year observations from 44 companies selected via purposive sampling. Data were analyzed using panel data regression with the common effect model, supported by classical assumption tests. The findings reveal that business risk has a significant negative effect on capital structure, while tangible assets and sales growth have no significant influence. Simultaneously, the three independent variables significantly affect capital structure. These results imply that firms with high business risk tend to be more cautious in utilizing debt, aligning with the trade-off theory. Conversely, tangible assets and sales growth do not necessarily determine capital structure decisions in the observed sector.
Pengaruh Independent Board Of Commissioner, Profitability dan Growth Opportunity terhadap Firm Value Azhara, Yarika; Nurbaiti, Beti; Ningrum, Endah Prawesti; Nuryati, Tutty; Yulaeli, Tri
SCIENTIFIC JOURNAL OF REFLECTION : Economic, Accounting, Management and Business Vol. 8 No. 4 (2025): SCIENTIFIC JOURNAL OF REFLECTION: Economic, Accounting, Management, & Business
Publisher : Sekolah Menengah Kejuruan (SMK) Pustek

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/sjr.v8i4.1217

Abstract

The non-cyclical consumer goods sector is considered attractive for investors due to its stable demand and resilience in times of economic uncertainty. However, firm value in this sector can still fluctuate due to internal governance and performance factors. This study aims to examine the effect of the independent board of commissioners, profitability, and growth opportunity on firm value in non-cyclical consumer goods companies listed on the Indonesia Stock Exchange. The study uses a quantitative approach with panel data obtained from 46 companies over the 2020–2023 period. The analysis is conducted using panel data regression with the fixed effect model, following data transformation to address classical assumption issues. The findings reveal that the independent board of commissioners has a significant negative effect on firm value, suggesting that increased board independence does not automatically translate to higher investor confidence. On the other hand, profitability and growth opportunity show a significant positive effect, indicating that companies with stronger earnings performance and higher growth potential tend to have higher firm value. These results highlight the importance of effective governance and financial performance in enhancing firm value in the Indonesian consumer goods sector.
FINANCIAL BEHAVIOR: DETERMINASI MELALUI FINANCIAL KNOWLEDGE DAN FINANCIAL ATTITUDE PADA GENERASI MILLENIAL DI ERA SOCIETY 5.0 Hartono, Pierdijono; Bormasa, Monica Feronica; Darmun, Darmun; Wartono, Tono; Ningrum, Endah Prawesti
JURNAL ILMIAH EDUNOMIKA Vol. 8 No. 2 (2024): EDUNOMIKA
Publisher : ITB AAS Indonesia Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jie.v8i2.13286

Abstract

The development of the global world has now entered the era of society 5.0, with advances in technology making financial management easier. The aim of this research is to determine the financial behavior carried out by the millennial generation in the era society 5.0 in terms of financial knowledge and financial attituted, which wiil help the millennial generation to be wiser in managing their finances. The method used in this research is a quantitative method with a descriptive approach. The results of this research, financial behavior can be seen from financial knowledge and financial attitude. In determining or determining attitudes in financial management, this can be done so that it will make it easier for students in the era of society 5.0 with advances in technology to organize and manage their finances. With this, it is necessary to increase students’ understanding of financial literacy. This aims to enable students to make decisions about technology-based financial management and wil make students’ lives easier in the era of society 5.0, which will enable students to manage finances effectively and afficiently in the era of society 5.0.
PERAN GENDER DALAM PENGAMBILAN KEPUTUSAN PADA ERA REFORMASI DI INSTITUSI KEPOLISIAN Setyawati, Novita Wahyu; Ningrum, Endah Prawesti
JURNAL ILMIAH M-PROGRESS Vol 8 No 2 (2018): JURNAL M-PROGRESS
Publisher : Feb Universitas Dirgantara Marsekal Suryadarma

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (225.818 KB) | DOI: 10.35968/m-pu.v8i2.231

Abstract

The Police are in the process of reforming the gender, namely the change of a police organization into a professional and responsible police force and implement a policing style that is responsive to the needs of the local community. Where in the act of finding solutions and decision-making field did not see any differences between men and women. The purpose of this study is to examine the role of gender in decision making in the reform era in Police institution (South Bekasi Police Station case study). Analytical methods used are qualitative, through the stages of data interpretation, data reduction, data preparation, examination of data validity, and draw conclusions. The new view that women have equal rights and opportunities and their potential will expand the space for women and the presence of female figures in the public dimension, to be treated proportionally and not to rule out their opinions and make decisions. Keywords: Gender Roles and Decision Making.
Analisis Sistem Antrian Online Kunjungan Pasien Rawat Jalan Terhadap Database System Pada Rumah Sakit Ananda Bekasi Berbasis Web Ningrum, Endah Prawesti; Maulia, Indah Rizki; Pasaribu, Ahmad Muchlisin Natas
Jurnal Kajian Ilmiah Vol. 26 No. 1 (2026): Januari 2026
Publisher : Lembaga Penelitian, Pengabdian Kepada Masyarakat dan Publikasi (LPPMP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31599/bj9j1337

Abstract

This study aims to identify the strengths and weaknesses of the web-based online queue system for outpatient visits at Ananda Hospital Bekasi. This research employs the waterfall method, which is an information system development model that is systematic and sequential. Data collection was conducted through observation and interviews, and the results were analyzed in depth. The findings indicate that the information system implemented at Ananda Hospital Bekasi has certain strengths and weaknesses. The system is capable of reducing patient waiting time and alleviating queue congestion. However, there are still several aspects that need improvement, such as ensuring the accuracy of patient data and enhancing patient awareness about the online queue system, which can facilitate the service process at Ananda Hospital Bekasi
Pendampingan Implementasi Sistem Informasi Desa Untuk Meningkatkan Efisiensi Pelayanan Administrasi Dan Tata Kelola BUMDes Manrejo, Sumarno; Ningrum, Endah Prawesti; Priatna, Wowon; Hernowo, Pandit; Pasaribu, Ahmad Muchlisin Natas; Endah Prawesti Ningrum
Jurnal Pengabdian kepada Masyarakat UBJ Vol. 8 No. 2 (2025): Juni 2025
Publisher : Lembaga Penelitian Pengabdian kepada Masyarakat dan Publikasi Universitas Bhayangkara Jakarta Raya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31599/6mwtdp28

Abstract

Digital transformation at the village level is essential to improve the efficiency of public services and strengthen local economic management. However, many villages still rely on manual administrative processes and conventional business management systems for Village-Owned Enterprises (BUMDes). This community service activity aimed to implement a Smart Village application integrated with BUMDes management in Neglasari Village, Sumedang Regency. The program was carried out through several stages, including socialization, training, technology implementation, mentoring, and evaluation. The implemented system integrates three main components: digital village administration services, integrated BUMDes and MSME management, and digital promotion of village products. The results show that the application improved administrative service efficiency, reducing service time from 15–20 minutes to 5–7 minutes per request. In addition, the system reduced administrative recording errors and enabled real-time monitoring of BUMDes transactions and financial reports. Training activities also increased participants' understanding of system usage, with an average score of 4.3 on a five-point scale. Overall, the implementation of the Smart Village application contributes to improving service efficiency, strengthening village business management, and supporting sustainable digital transformation in Neglasari Village
Pendampingan Implementasi Sistem Informasi Desa Untuk Meningkatkan Efisiensi Pelayanan Administrasi Dan Tata Kelola BUMDes Manrejo, Sumarno; Ningrum, Endah Prawesti; Priatna, Wowon; Hernowo, Pandit; Pasaribu, Ahmad Muchlisin Natas; Endah Prawesti Ningrum
Jurnal Pengabdian kepada Masyarakat UBJ Vol. 8 No. 2 (2025): Juni 2025
Publisher : Lembaga Penelitian Pengabdian kepada Masyarakat dan Publikasi Universitas Bhayangkara Jakarta Raya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31599/6mwtdp28

Abstract

Digital transformation at the village level is essential to improve the efficiency of public services and strengthen local economic management. However, many villages still rely on manual administrative processes and conventional business management systems for Village-Owned Enterprises (BUMDes). This community service activity aimed to implement a Smart Village application integrated with BUMDes management in Neglasari Village, Sumedang Regency. The program was carried out through several stages, including socialization, training, technology implementation, mentoring, and evaluation. The implemented system integrates three main components: digital village administration services, integrated BUMDes and MSME management, and digital promotion of village products. The results show that the application improved administrative service efficiency, reducing service time from 15–20 minutes to 5–7 minutes per request. In addition, the system reduced administrative recording errors and enabled real-time monitoring of BUMDes transactions and financial reports. Training activities also increased participants' understanding of system usage, with an average score of 4.3 on a five-point scale. Overall, the implementation of the Smart Village application contributes to improving service efficiency, strengthening village business management, and supporting sustainable digital transformation in Neglasari Village
Analisis Financial Literacy, Emotional Intelligence dan Parent's Income terhadap Financial Behavior Ningrum, Endah Prawesti; Christiaan, Pemy; Mahmudin, Tono
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 5 No. 1 (2026): Februari - April
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v5i1.7452

Abstract

Penelitian yang tujuannya agar menganalisis financial literacy, emotional intelligence, dan parent’s income terhadap financial behavior. Perilaku konsumtif pada generasi muda, penggunaan layanan paylater, ataupun minimnya kemampuan pengelolaan keuangan menjadi indikasi pentingnya pemahaman terkait faktor-faktor yang memengaruhi financial behavior. Populasi penelitian dilakukan untuk Gen Z yang berada di Kota Bekasi. Penelitian metodenya memanfaatkan pendekatan kuantitatif, dengan melalui teknik dikumpulkan data memakai rangkaian kuesioner. Penyebaran data dilakukan pada populasi Gen Z di Kota Bekasi. Sampel untuk olah data yang diteliti 100 responden. Teknik analisis data memanfaatkan uji validitas, reliabilitas, serta mempergunakan analisis regresi linier berganda. Untuk hasil diteliti menjelaskan bahwa financial literacy memiliki pengaruh positif, signifikan terhadap financial behavior di Kota Bekasi. Emotional intelligence memiliki pengaruh positif, signifikan terhadap financial behavior di Kota Bekasi. Parent's income memiliki pengaruh positif, signifikan terhadap financial behavior di Kota Bekasi. Secara simultan, financial literacy, emotional intelligence dan parent's income memiliki pengaruh positif, signifikan terhadap financial behavior pada Gen Z di Kota Bekasi. Hasil penelitian yang diperoleh dari nilai Adjusted R2 terbuktikan sebesar 42,1%. Rekomendasi untuk peneliti berikutnya dapat menggunakan faktor internal lain seperti financial attitude, pinjaman online, maupun financial knowledge. Penelitian yang diharap agar memberi kontribusi untuk pengembangan literasi keuangan, meningkatkan kesadaran GenZ dapat mengelola keuangan secara bijak.
Co-Authors Alifia Rizky Zalfa Amalia, Dinda Amartia, Gina Amir Bathal Adani Amtai Alaslan Anwar , Ridwan Anwar, Bunga Aprilia Salsabilla Arman Syah Putra Arman Syah Putra Aryani, Nur Ade Asri Ady Bakri Ayu Permata Sari Azhara, Yarika Beti Nurbaiti Bryan Givan Christiaan, Pemy Darmun Darmun Darmun, Darmun Dea Deni Riani Dewi, Atika Somantri Dewi, Nita Komala Dian Gustina Dina Erliana Dinanti, Dara Dinda Amalia Endro Satrio Wicaksono Fadhilah Naufal Satriyo Faizal Faizal, Faizal Gina Amartia Habib Musthafa Hadianto, Handini Pratami Hafizh, Muhammad Maulana Handini Pratami Hadianto Hani Astuti Harahap, Hamida Syari Hartono, Pierdijono Hernowo, Pandit Indra Lubis Indra Lubis Johnny Chandra Jumarni Jumarni Kardinah Indriana Meutia Kardinah Indrianna Meutia Khaerunisa Nurfebrianti Kristin, Fanny Jie Lanita Br Hasibuan Ledyta Febriana M R Lestari, Ekha Made Susilawati Mahdi Mahdi Mahmudin, Tono Maidani, Maidani Manrejo, Sumarno Manrejo, Sumarno Sumarno Matdio Siahaan Matdio Siahaan Maulia, Indah Rizki Meilandri, Detti Monica Feronica Bormasa Muhammad Difa Riza Muhammad Yunus Rangkuti Narpati, Bintang Nasaruddin Siregar Nicholas Renaldo Ningrum, Aisyah Eka Nita Komala NITA KOMALA DEWI Nita Komala Dewi Nita Komala Dewi Novita Wahyu Novita Wahyu S. Novita Wahyu Setyawati Nurbaiti, Beti Nurfebrianti, Khaerunisa Nurhanimah Nurlia Nurlia Nursyamsi , Sari Endah Nurul Aisyah Nurul Aisyah Nuryati, Tutty Nurzalinar Joesah Pasaribu, Ahmad Muchlisin Natas Pierdijono Hartono Pilifus Junianto Pratiwi Nila Sari Pratiwi Nila Sari Priatna , Wowon Purba, Lidia Margaretta Putri, Sela Dwi Putri, Yosi Ika Rafina Pebriani Sukardi Rahmawati Indah Lestari Rahmawati, Siska Aprilia Ratri Dwi Euisnawati Ridwan Anwar Rina Harleyna Sari Rotua Sri Rejeki Sinaga Rudi Ginting Saeful Mujab Sari, Pratiwi Nila Sari, Rina Harleyna Satriyo, Fadhilah Naufal Sembiring, Rinawati Sevina Ghina Nafila Siahaan, Matdio Silalahi, Ratna Suminar Sjahruddin, Herman Stanty Aufia Rachmat Sundari, Iska Ayu Susan Rachmawati Teguh Setiawan Wibowo Tono Wartono Tri Widyastuti Tri Widyastuti Tuti Dharmawati Uswatun Khasanah uswatun khasanah Vikaliana, Resista Wardani, Tiara Kusuma Wartono, Tono Wastam Wahyu Hidayat Yulaeli, Tri Zalfa, Alifia Rizky