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Pengaruh Pengungkapan Corporate Social Responsibility (CSR) dan Kebijakan Dividen terhadap Kinerja Keuangan IDX 30 Periode 2023 - 2024 Sardiah; Burhanuddin; Anwar; Amin, Andi Mustika
Jurnal Ilmiah Akuntansi dan Keuangan Vol. 5 No. 1 (2026): Februari
Publisher : Departement of Accounting Science Faculty of Economics and Business Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69679/jian.v5i1.11227

Abstract

Penelitian ini bertujuan untuk mengkaji pengaruh pengungkapan Corporate Social Responsibility (CSR) dan kebijakan dividen terhadap kinerja keuangan perusahaan yang tergabung dalam indeks IDX 30 periode 2023–2024. Metode yang digunakan adalah kuantitatif dengan pendekatan inferensial, menggunakan data sekunder dari laporan keuangan dan laporan keberlanjutan. Sampel terdiri dari 32 perusahaan selama dua tahun pengamatan (64 observasi) yang dipilih secara acak. Kinerja keuangan diukur dengan Return On Assets (ROA), CSR dengan Corporate Social Responsibility Disclosure Index (CSRDI), dan kebijakan dividen dengan Dividend Payout Ratio (DPR). Analisis menggunakan regresi linear berganda menunjukkan bahwa CSR dan kebijakan dividen, baik secara parsial maupun simultan, berpengaruh positif terhadap kinerja keuangan. Penelitian ini menunjukkan bahwa transparansi pengungkapan CSR dan kebijakan dividen merupakan faktor kunci dalam meningkatkan kinerja keuangan perusahaan, karena mencerminkan tanggung jawab sosial sekaligus stabilitas dan prospek keuangan. Secara simultan, kombinasi kedua faktor tersebut terbukti memberikan pengaruh yang lebih kuat terhadap kinerja keuangan dibandingkan pengaruh masing-masing secara individual.
The Effect Of Profitability Ratios On Firm Value Fitriani; Annisa Paramaswary Aslam; Anwar
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1389

Abstract

This study aims to analyze the influence of Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM) on firm value among technology companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. The research employs a quantitative approach using panel data regression analysis. The sample consists of nine technology companies selected through purposive sampling based on specific criteria. The results indicate that, individually, ROA, ROE, and NPM have no significant effect on firm value. Simultaneously, the three profitability variables also fail to exert a statistically significant combined influence on firm value. This suggests that profitability levels have not yet served as a positive signal to investors in assessing the value of technology firms in the capital market. Consequently, the findings contradict Signalling Theory, which posits that a company’s profitability provides investors with meaningful signals about its performance and future prospects. Instead, the results imply that during the research period, the value of technology firms in Indonesia was driven more by factors beyond profitability such as product innovation, adaptability to technological change, and the dynamic nature of the digital market..
Capital Structure And Firm Value: The Mediating Role Of Profitability Asmin; Burhanuddin; Anwar; Nurman; Andi Mustika Amin
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1408

Abstract

The property and real estate sector is one of the important sectors that contribute to the Indonesian economy, but in the 2021–2024 period, this sector experienced a decline in company value as reflected in market performance. This problem prompted this study, which aims to analyze the effect of capital structure on company value and examine the role of profitability as a mediating variable in property and real estate sector companies listed on the Indonesia Stock Exchange for the 2020–2024 period. This study uses a quantitative approach with the Partial Least Square-Structural Equation Modeling (PLS-SEM) method and the sample was determined through a purposive sampling technique on companies that meet the research criteria. The results of the study indicate that capital structure has a significant negative effect on company value and profitability, while profitability has a significant positive effect on company value and is proven to mediate the effect of capital structure on company value; this finding supports the Trade-off Theory regarding the importance of balance in the use of debt, but also shows limitations in the application of Signaling Theory in the property sector. This study concludes that excessive use of debt can reduce profitability and company value, so companies need to establish an optimal capital structure to maintain financial performance and increase investor confidence.
The Influence Of Financial Literacy On Household Financial Management Among Fishermen In Watolo Village, Central Buton Regency Xena Agnisya Putri; Anwar; Tenri Sayu Puspitaningsi Dipoatmojo
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1424

Abstract

This study aims to examine the extent to which financial literacy influences the financial management ability of fishing households in Watolo Village, Central Buton Regency. Fishermen are a community group that depends heavily on weather conditions and market dynamics, making their income unstable between fishing and lean seasons. In such conditions, the ability to manage income becomes an essential factor in maintaining family economic resilience. Financial literacy, which includes knowledge, attitudes, and skills in understanding and managing personal finances, is believed to play a significant role in improving the welfare of fishermen. This research employs an associative quantitative approach involving 60 respondents who are active heads of fishing households in Watolo Village. Data were collected through a Likert scale questionnaire and analyzed using simple linear regression. The results indicate that financial literacy has a positive and significant effect on household financial management, with a regression coefficient of 0.430, R value of 0.542, R² of 0.294, and a significance level of 0.000 (<0.05). These findings confirm that the higher the level of financial literacy, the better the fishermen’s ability to manage income, record financial flows, and plan long-term savings. The implication of this study is the need for community-based financial education programs and coastal economic empowerment policies tailored to the income characteristics of fishermen to strengthen their resilience against seasonal risks. Keywords: financial literacy; financial management; fishermen household; Central Buton
The Effect Of Liquidity, Activity And Leverage Ratios On Profitability With Company Size As A Moderating Variable Muh. Sahrul Ramadhani; Anwar; Rezky Amalia Hamka
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1437

Abstract

The technology sector is a key driver of economic growth in today's digital era. However, during the 2021-2023 period, this sector experienced a decline in profitability, as reflected in the companies' financial reports. This issue is the background for this research, which aims to examine the influence of liquidity, activity, and leverage on profitability, as well as the potential mediating effect of firm size in technology sector companies listed on the Indonesia Stock Exchange for the 2021-2023 period. The sample selection was carried out by purposive sampling to select company samples that met the criteria for this quantitative research, which uses the Partial Least Square-Structural Equation Modeling (PLS-SEM) method. The research findings indicate that while activity and leverage each have a positive but significant impact on profitability, liquidity has a negative but negligible impact. It also shows that firm size does not mediate the impact of activity, liquidity, and leverage on profitability; these findings support the Trade-off Theory regarding the importance of balance in the use of debt, but also indicate limitations in the application of Signaling Theory in the technology sector. This study concludes that high current assets reflect inefficient use of funds. Activity has a positive but insignificant influence, indicating that increased activity has not been accompanied by efficiency in asset management. Leverage also has a positive but insignificant influence, signaling that the use of debt has not been managed optimally. Furthermore, the relationship between liquidity, activity, and leverage on profitability cannot be mediated by organizational size.
The Influence Of Leadership Style On Employee Performance At PT. Suracojaya Abadimotor, Daya Bumi Tamalanrea Permai (BTP) Branch, Makassar City Reinaldy Ericson Pasangka; Anwar; Burhanuddin
Journal of Studies in Academic, Humanities, Research, and Innovation Vol. 3 No. 1 (2026): Vol 3 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/sahri.v3i1.1457

Abstract

This study aims to analyze the influence of leadership style on employee performance at PT. Suracojaya Abadimotor, Daya Bumi Tamalanrea Permai (BTP) Branch, Makassar City. The problem of this study began with the fluctuation of employee performance, which indicated less than optimal implementation of leadership style in the company environment. The method of research employed is a quantitative approach, utilizing a descriptive type of research. The population in this study amounted to 30 employees, and all of them were sampled through a saturated sampling technique. Data were collected through questionnaires, observations, and interviews, and analyzed using simple linear regression with the help of partial tests (t-tests). The findings indicated that the leadership style positively and significantly influenced employee performance, with a significance value of 0.001 (less than 0.05). The coefficient of determination (R²) value of 0.330 indicates that leadership style contributed 33% to improving employee performance, while the remaining 67% was influenced by other factors outside this study. These findings indicate that the leader's ability to communicate, provide direction, and build harmonious working relationships is are dominant factor that can enhance employee productivity. Thus, the better the implementation of the leadership style, the better the employee performance.
Pengaruh Struktur Modal, Struktur Aktiva dan Profitabilitas Terhadap Nilai Perusahaan: Studi pada Perusahaan Sektor Consumer Non-Cyclicals yang Terdaftar di Bursa Efek Indonesia Tahun 2020-2024 Rahmadani, Dwi; Amin, Andi Mustika; Nurman; Anwar; Aslam, Annisa Paramaswary
SINOMIKA JOURNAL: Publikasi Ilmiah Bidang Ekonomi dan Akuntansi Vol. 5 No. 1 (2026): May
Publisher : CV. Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/sinomika.v5i1.3952

Abstract

Penelitian ini bertujuan untuk mengidentifikasi dan menganalisis pengaruh struktur modal, struktur aktiva, dan profitabilitas terhadap nilai perusahaan pada emiten sektor consumer non-cyclicals yang terdaftar di Bursa Efek Indonesia. Penelitian ini menggunakan pendekatan kuantitatif dengan memanfaatkan data sekunder yang berasal dari laporan keuangan perusahaan. Analisis data dilakukan menggunakan program Eviews 13. Populasi dalam penelitian ini adalah 131 perusahaan sektor consumer non-cyclicals di BEI, kemudian ditentukan 27 perusahaan sebagai sampel melalui teknik purposive sampling, dengan total 135 observasi. Tahapan analisis meliputi statistik deskriptif, pemilihan model data panel, uji asumsi klasik, analisis regresi data panel, uji simultan, uji parsial, serta uji koefisien determinasi (R²). Hasil penelitian menunjukkan bahwa secara simultan, struktur modal, struktur aktiva, dan profitabilitas terbukti berpengaruh signifikan terhadap nilai perusahaan pada sektor consumer non-cyclicals. Secara parsial, struktur modal berpengaruh positif dan signifikan terhadap nilai perusahaan, struktur aktiva berpengaruh positif namun tidak signifikan terhadap nilai perusahaan, serta profitabilitas berpengaruh positif dan signifikan terhadap nilai perusahaan.
The Effect of Work Discipline and Work Motivation on Employee Performance at Dpmptsp Makassar City Mutmainnah A, Andi; Haeruddin, M. Ikhwan Maulana; Anwar
Economics and Business Journal (ECBIS) Vol. 4 No. 2 (2026): January
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v4i2.193

Abstract

This study aims to test and analyze the influence of work compliance and work motivation on the work results of apparatus at the Makassar Regional Investment and One-Stop Integrated Services Office. The background of this study is based on the importance of improving the performance of the apparatus in providing effective, responsive, and quality public services. Work compliance is seen as the attitude of the apparatus in obeying applicable rules, procedures, discipline, and work standards, while work motivation reflects the motivation, enthusiasm, and willingness of the apparatus to complete tasks. The population in this study is all apparatus in the agency, with a sample of 59 respondents. Data were collected through questionnaires and analyzed using multiple linear regression techniques with the help of SPSS software version 23.00. The results of the study show that work compliance has a positive and significant effect on the work results of the apparatus. This means that the higher the level of compliance of the apparatus with work rules and procedures, the better the work results achieved. Meanwhile, work encouragement has a positive but insignificant effect on the work results of the apparatus. These findings show that work motivation needs to be supported by a conducive work system, supervision, and organizational environment in order to be able to improve performance optimally. The implication is that agencies need to strengthen the culture of discipline and design a more targeted motivation strategy according to the needs of public service apparatus in a sustainable manner in the region
The Influence Of Liquidity And Profitability On Firm Value Through Educational And Organizational Management Approaches In Manufacturing Companies Listed On The Indonesia Stock Exchange Yusri Yunus; M. Ikhwan Maulana Haeruddin; Anwar; Nurman; Annisa Paramaswary Aslam
JMPI: Jurnal Manajemen, Pendidikan dan Pemikiran Islam Vol. 4 No. 1 (2026): Vol 4 No 1 June 2026
Publisher : Pondok Pesantren As-salafiyah Asy-syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/jmpi.v4i1.353

Abstract

This study aims to analyze the influence of liquidity and profitability on firm value through the perspectives of educational and organizational management in manufacturing companies listed on the Indonesia Stock Exchange during the 2020–2024 period. The study employed a quantitative approach using a causal research design and explanatory method. The population consisted of 109 manufacturing companies in the basic and chemical industry subsector, while the sample comprised 19 companies selected through purposive sampling, resulting in 95 panel data observations. Secondary data were obtained from annual financial statements published on the Indonesia Stock Exchange website and corporate websites. Liquidity was measured using the Current Ratio (CR), profitability using Return on Assets (ROA), and firm value using Price to Book Value (PBV). Data analysis was conducted using panel data regression analysis with EViews 13 software. The results indicate that liquidity has a negative and significant effect on firm value, while profitability has a positive and significant effect on firm value. The findings also reveal that organizational effectiveness, leadership quality, institutional learning, and strategic resource management contribute to improving corporate competitiveness and sustainability. From the perspective of educational and organizational management, financial performance reflects managerial effectiveness and institutional governance quality in strengthening public trust and firm value in the capital market.
Co-Authors -, Siti Rahmi A. Wulandari Abadi, Rahmat Riwayat Abd. Rahman Abdi Akbar Idris Abdul Aziz Abdul Rahman Abdul Rahman Abubakar Achmad Hamka Hamid Adherina Perabu Adi Subardi Adisaputera, Abdurrahman Adri, Mutia Tasyah Aeko Fria Utama FR Afriadi Husaini Agung Widhi Kurniawan Agus Fujianto Agus Santoso Ahmad Ali Ahmad Yani Ainun Alauddin, Muhammad Hery Riyadi Alfons Ande Diaz Amalia Reviska Selamanda Amalia, Regina Aminuyati Ananda, Siska Andi Agus Andi Amelia Putri Andi Mustika Amin Andi Wahyuni Andi Zuhra Ibrahim Andika Putra Andini, Salsa Andriani Jafar, Sharah Anggoro, Agung Doni Anggraini, Selvi Anggreni, Melda Angkat , Ismail Angraeni, Erni Anna Apriana Hidayanti Annisa Paramaswary Annisa Paramaswary Aslam Anton Anton Jamal Anwar , Faisal Anwar Anwar Anwar Fansuri, Muhammad Anwar Ramli Anwar Ramli Aprilia, Nur Amanda Arasyid, Harunnun Aria Saputra Ariandy, Fiar Arif Prasetya Arjunah Arman Maiwa Arsil Ainun Rahman Ary Wahyudi Asbi Amin Asharun, Alfahira Aslam, Annisa Paramaswary Asmin Asrianingsih Putri Assapari, Muhammad Mugni Awalia, Nurilmi Ayu Ayu Afrilia Ayu, Dian Fajar Azmia Laily Azulaidin Azzuhra, Wilda Basri Bela Safitri Latowale Bima Sena Bayu Dewantara Bin Wan Ismail, Wan Zuhari Br Saragih, Apulina Budiyati Bukhari Bukhari Bukhari Burhanuddin Cakrawijaya, Muh.Hidayat Candra Ayu Canra Permadi Chalid Imran Musa Chalid Imran Musa Cut Nyakdhin Cut Nya’dhin Deddy Ibrahim Rauf Defrianti Ramadani Dhina Megayati Dian Nanda Islami Dian Prastiwi, Liyana Dina Puspita Sari Dipoatmodjo, Tenri S.P Dipokusumo, Bambang Dj, MUHAMMAD ZUHRI Dzakwan Naufal Dzirrusydi, Zalmi Efendy Effendy, Meyland Citra Oktri Sienty Ekaputri, Risky Endi Ardianto Endro Prasetyo Wahono Ernawati Erwin Resmawan Evi Puspita Sari Fachrurrazi Fadianti, Nurhas Fadli Fadli Faturrahman Fahlia Fahrul Razi Faisal, Fanny Indrayanti Farid H Tamim Fathurrahman, Fadli Fatihah Fatwa, Nur Apriani Febinda Febrianti Fendy Maradita Fikri, Ahmad Ma’mun Firman syah Fisa, Triansyah Fitriani Fitriyah H., Mar'atul Fuady Gemilang Bayu Ragil Saputra Gusti Ayu Ratih Damayanti Habeahan , Soufi Sakinah Hafidh Maksum, Hafidh Hafizatul Ulum Hanum, Filia Hardiansyah, Rian Hardianto, Toto Hardianty, Angraeni Hartini Hasbiah, Siti Hasidu, La Ode Abdul Fajar Hasriani Hasriani Muis Hastuti Hayati Hety Budiyanti, Hety Husaini Husda Ida Bgs Gde Narayana Idiatul Fitri Danasari Idris, Abdi Akbar Ihsan, Ahmad ihsan Ihwan Iin Meriza, Iin Ilyas, Andi Alfiyah Indra Ardiansyah Irianto, Achmad Ishak, Muhammad Izzuddin Syakir Iyo King Siang JAMILAH Jayanti Mandasari Jovan Josafat Jaenputra Karmila, Susi Khaerudin, Dian Noorvy Khaira Ummah Khairil Ansari, Khairil Khidri Alwi, Muhammad Kiki Frida Sulistyani Kurnia Ilahi kusuma, jauhari Lalu Muhamad Isnaeni Lalu Muhammad Nurul Wathoni Lina, Sri Intan Lisa Herianti Lukman Hakim M. Ikhwan Maulana Haeruddin M. Yusuf M. Zaki Maisy Alpha, Moch. Bahril Maisyaroh, Ummi Malika, Safinah Aisya Mandalika, Eka Nurminda Dewi Mandasari, Jayanti Maradita, Fendy Mardina Mark G. Maffett Martadinata, Sudrajat Marwah, Andi Maya Ranti Megawati - megawati, dhina Meri Sartika Milawati Milwarni Mitrayati Mohamad Walid Asyhari Muh Rifa'i Parassa Muh. Sahrul Ramadhani Muhaimil Sulhaid Muhamad Saleh Muhammad Muhammad Adam Suni Muhammad Arif Lanang Wicaksono Muhammad Imaduddin As'ad Muhammad Munawir Syarif, Muhammad Munawir Muhammad Nurjaya Muhammad Rafli Faishal Wardana Muhammad Rifal Fan Putra Muhammad Rifqi Azhar Muhammad Syahrir Muhammad Usman, Muhammad Muhammad Zaki Muhammad Zaki Mujahidah Mukarram, Hadratul Mulato, Alwi Mulyono, Mugi Munandar, Wahyu Munawarah Mursyid, Tengku Alfian Musa, Muhammad Ichwan Muslem Daud Mutmainna Mutmainnah A, Andi Muttalib, Sitti Raodha N. Ginting Nastia Natsir, Uhud Darmawan Nelly Ngabe Joyti, Devi Adnyaswari Ni Made Nike Zeamita Widiyanti Ni Made Wirastika Sari, Ni Made Wirastika Niluh Desy Purnamasari Novia Anugra Nugrainda, Auliah Nur Hafizhah Putri Nur Suka Nengsih Nurasia Nurbulan, Eka Nurfadilah Nurfarhana Nurhaedar Djafar Nurhayati Marada Nurjihanar, Nurul Mutmainnah Nurliana Nurlita Kapiso Nurmaliyah Nurman Nurniqta Nursan, Muhammad Nurul Aprianti Nurul Azmi Nurul Fauziah Nurul Hirdayu Nurwahidah Nurwijayanti Nurzainah Ginting Nurzin R Kasau Oktavia, Rini P Patriani Paisal, Jon Paramaswary Aslam, Annisa Pebrina, Maghfirah Peni Patriani Pertiwi, Nabilah Pohan, Zulfikar Riza Haris Poniman Purna Irawan, Agustinus Puspita K, Armita Putri Septiani Putri, Andi Nurmaulidya Quthni , Afhdar Radja, Muh. Jusuf Rahmadani, Dwi Rahmah Johar Rahmah Yulianti Rahmat Karim Rahmi , Mutia Rahmi Rahmi Ramli Ramli Rani Rani Darmayanti Rasnijal, Muhammad Ratna Mutia Rauf, Deddy Ibrahim Regan, Yip Reinaldy Ericson Pasangka Reyvana Rezky Amalia Hamka Rhamdhani Fitrah Baharuddin Rian Hardiansyah Rika Rokhana Riska Rismawati Riyanto Sigit, Riyanto Riza Pahlevi, Riza Rizaldi, Muhammad Rochmad Ponco Wasito Romansyah Sahabuddin Rosminah Rudianti Batter, Sherly Ruma, Zainal Saddiah, Aulia Meiliyana Safira, Yulia Safitri, Diah Ayu Safitri, Eva Safwandi Said Ma’ruf Said Munzir Saiful Arif Saiman . Salsabilla, Aqilla Sam Hermansyah Sapira, Amani Sahra Saputra, Didin Hadi Saragi, Emi Juwita Sardiah Saridu, Siti Aisyah Savitri, Ni Made Widya Sektiana, Sinar Pagi Sela Nurmaya Sari Setiawan, Rifani Setiawardhana Shafa Shaidul Maula Sigit Riyanto Siregar, Sarmedi Agus Siska Ita Selvia Siti Alifa Siti Hasbiah Siti Rahmi Sri Mulyono Sri Reno Sri Wahyuni Sriyatun Stefani Tanus Sucipto Sugiarto, Aris Suhermanto, Achmad Sukarno SULASTRI Suleman, Gabriella Augustine Suleman, Yakub Sumardi Efendi Supartiningsih, Sri Supryady Surya, Iman Syamsuddin, Nurfiani Syamsunir Syardiansyah Syarief, Muhammad Nurman Syawila , Zuhrayana Syiar Rinaldy Syukriah Tajhizi, Azra Tarmizi Taufik, Anisya Devinta Taufiq Hidayat Tawe, Amiruddin Tenri Sayu Puspitaningsi Dipoatmojo Tenri Sayu Puspitaningsih Dipoatmodjo Thoharoh, Muchibatut Tifani, Aurellia Trias Puguh Jatmiko, Henry Trikoesoemaningtyas Usman M Usman, Bukhari USWATUN HASANAH Vira Ayustina Wahid, Eriyanti Wahyu Wahyu Hidayat Wawan Kurniawan Widhi Kurniawan, Agung Wildan Syafitri Willy Septinar Wirajaya Kusuma Xena Agnisya Putri Yani, Salwa Sahpija Yudarsat, Andre Putra Yudit Yunarty Yunus, Ahmad Rifqi Yunus, Andi Hikmawati Yusri Yunus Yusuf, Marwah Zahrul Fuadi Zhahirah, Nasywa Zhanaz Tasya