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ANALISIS KEBIJAKAN DIVIDEN DENGAN LIKUIDITAS SEBAGAI VARIABEL MODERASI PADA PERBANKAN DI BURSA EFEK INDONESIA Nabila Rizky Maulida; Dhani Ichsanuddin Nur; Tri Kartika Pertiwi
ACADEMIA: Jurnal Inovasi Riset Akademik Vol. 6 No. 3 (2026)
Publisher : Pusat Pengembangan Pendidikan dan Penelitian Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51878/academia.v6i3.13386

Abstract

ABSTRACT Dividend policy is a strategic corporate decision that determines the distribution of profits to shareholders and is influenced by various aspects of a company's financial condition. Inconsistent findings in previous studies regarding the effects of profitability, leverage, and firm size on dividend policy highlight the need for further investigation by considering liquidity as a moderating variable. This study aims to examine the effects of profitability, leverage, and firm size on dividend policy and to analyze the moderating role of liquidity in banking companies listed on the Indonesia Stock Exchange during the 2018–2024 period. A quantitative research approach was employed using secondary data obtained from the companies' financial statements. The research sample consisted of 11 banking companies selected through purposive sampling. Data were analyzed using Moderated Regression Analysis (MRA) to examine both the direct effects among variables and the moderating role of liquidity. The results indicate that profitability, leverage, and firm size significantly influence dividend policy. Furthermore, liquidity moderates these relationships by strengthening the effect of profitability on dividend policy, weakening the effect of leverage on dividend policy, and strengthening the effect of firm size on dividend policy. These findings demonstrate that liquidity plays a crucial role in determining the direction and magnitude of the influence of financial factors on dividend policy and should therefore be considered in both corporate financial decision-making and investment analysis. ABSTRAK Kebijakan dividen merupakan salah satu keputusan strategis perusahaan yang menentukan pembagian laba kepada pemegang saham dan dipengaruhi oleh berbagai kondisi keuangan perusahaan. Perbedaan hasil penelitian terdahulu mengenai pengaruh profitabilitas, leverage, dan ukuran perusahaan terhadap kebijakan dividen menunjukkan perlunya kajian lebih lanjut dengan mempertimbangkan peran likuiditas sebagai variabel pemoderasi. Penelitian ini bertujuan menganalisis pengaruh profitabilitas, leverage, dan ukuran perusahaan terhadap kebijakan dividen serta menguji kemampuan likuiditas dalam memoderasi hubungan tersebut pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia periode 2018–2024. Penelitian menggunakan pendekatan kuantitatif dengan memanfaatkan data sekunder yang diperoleh dari laporan keuangan perusahaan. Sampel penelitian terdiri atas 11 perusahaan perbankan yang dipilih menggunakan teknik purposive sampling. Analisis data dilakukan dengan Moderated Regression Analysis (MRA) untuk menguji pengaruh langsung antarvariabel sekaligus peran moderasi likuiditas. Hasil penelitian menunjukkan bahwa profitabilitas, leverage, dan ukuran perusahaan berpengaruh terhadap kebijakan dividen. Selain itu, likuiditas terbukti mampu memoderasi hubungan tersebut, yaitu memperkuat pengaruh profitabilitas terhadap kebijakan dividen, memperlemah pengaruh leverage terhadap kebijakan dividen, serta memperkuat pengaruh ukuran perusahaan terhadap kebijakan dividen. Temuan ini menunjukkan bahwa likuiditas merupakan faktor penting yang menentukan arah dan kekuatan pengaruh faktor-faktor keuangan terhadap kebijakan dividen sehingga perlu menjadi pertimbangan dalam pengambilan keputusan perusahaan maupun investasi.
Peran Puspaga Semanggi Dalam Pelayanan Masyarakat di Kota Surabaya Muchammad Romli; Tri Kartika Pertiwi
Abimanyu : Jornal of Community Engagement Vol 6 No 2 (2025): August 2025
Publisher : Universitas Negeri Surabaya

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

Abstract

This activity aims to analyze the role of Puspaga Semanggi in improving the quality of  community services in Surabaya city, especially in the field of family development and child  protection. The method used is a descriptive approach through interviews and direct  observation during the internship program at the Office of Women's Empowerment and Child  Protection and Population Control and Family Planning (DP3APPKB). This activity found that Puspaga Semanggi has a significant contribution in providing counseling, education,  socialization, and guidance services supported by the One Stop Service strategy. Programs  such as Pre-Marriage Classes, parenting, and webinars show effectiveness in reaching the  wider community. In conclusion, Puspaga Semanggi plays an important role as a preventive  measure in improving social welfare, with the support of professional workforce and  community involvement.
INKLUSI KEUANGAN SEBAGAI VARIABEL MODERASI TERHADAP MINAT PINJAMAN ONLINE PADA KARYAWAN GENERASI Z DI KOTA SURABAYA Dhika Hanggara Putra; Tri Kartika Pertiwi
MANAJEMEN DEWANTARA Vol 9 No 3 (2025): MANAJEMEN DEWANTARA
Publisher : Universitas Sarjanawiyata Tamansiswa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30738/md.v9i3.20776

Abstract

Fintech provides solutions for society by offering various conveniences in accessing digital financial services, one of which is online lending. Behind the convenience offered, there are also accompanying risks. Low levels of financial literacy and a high lifestyle tendency are among the causes of the widespread use of online loans, particularly among Generation Z. This study aims to analyze the relationship between financial literacy, a hedonism lifestyle, and financial inclusion toward the interest in using online loans. This research employs a quantitative method with a total of 139 respondents selected from Generation Z employees in Surabaya City, chosen based on specific sampling criteria. Data analysis was conducted using the Structural Equation Modeling (SEM) approach based on Partial Least Squares (PLS). The results indicate that financial literacy has a significant negative effect on the interest in online loans, while a hedonism lifestyle has a significant positive effect on the interest in online loans. Financial inclusion is unable to moderate the relationship between financial literacy and interest in online loans. Financial inclusion strengthens the influence of a hedonism lifestyle on interest in online loans. These findings highlight the importance of lifestyle management and optimizing financial literacy to ensure sound financial management, thereby avoiding risks in utilizing and engaging with fintech services.
Determinan Kinerja Keuangan Perusahaan: Pengaruh Proporsi Direksi Wanita, Proporsi Komisaris Wanita, Ukuran Direksi, dan Likuiditas pada Perusahaan Indeks IDX30 Periode 2020–2024 Refael Putra Handoko; Tri Kartika Pertiwi
Jurnal Riset Pendidikan Ekonomi Vol. 11 No. 1 (2026): APRIL
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21067/jrpe.v11i1.14050

Abstract

The intensifying business competition requires companies to continuously improve their financial performance for the company to continue make business. Studies has found new strategies in the execution of strong corporate governance practices, particularly regarding the composition of the board of directors and liquidity oversight. However, awareness of the potential of women’s leadership in Indonesia remains relatively limited, resulting in suboptimal findings, thereby underscoring the importance of further academic research. Therefore, this research purpose is to examine the impact of the proportion of female directors and commissioners, board size, and liquidity on company profitabily performance—proxied by ROA and ROE—using regression analysis. The data derived from list of business in the IDX30 index during the 2020–2024 period. The findings indicate that the proportion of female directors has a positive effect on ROA and ROE. Conversely, the proportion of female commissioners does not show a significant effect on ROA but has a positive effect on ROE. Board size shows a negative relationship with ROA and ROE, while liquidity does not have an impact on either of these performance metrics. These results underscore the important role of board composition in shaping corporate performance.
Peran Fasilitator Pendamping dalam Pemberdayaan dan Pengembangan UMKM Nasabah BTPN Syariah di MMS Krembung Sidoarjo Fazahada Darmawangsa Putra; Tri Kartika Pertiwi
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 5 No. 2 (2026): Mei-Juli
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v5i2.9733

Abstract

Usaha Mikro, Kecil, dan Menengah (UMKM) merupakan salah satu sektor ekonomi paling strategis yang memainkan peran sangat penting dalam pemulihan dan pertumbuhan perekonomian nasional secara berkelanjutan. UMKM diakui secara luas sebagai tulang punggung perekonomian Indonesia yang berkontribusi besar dalam penyerapan tenaga kerja, pengentasan kemiskinan, dan pemerataan pendapatan di berbagai lapisan masyarakat. Di wilayah Krembung, Sidoarjo, mayoritas perempuan—khususnya para ibu yang menjadi nasabah BTPN Syariah—merupakan pelaku usaha pra-sejahtera yang terus berupaya meningkatkan kesejahteraan keluarganya di tengah berbagai tantangan ekonomi dan struktural. Menyadari kondisi kritis tersebut, PT Bank BTPN Syariah Tbk merancang dan mengimplementasikan program pendampingan UMKM yang komprehensif melalui pendekatan pemberdayaan perempuan di berbagai wilayah pedesaan Indonesia. Program ini dikenal dengan nama Program Bestee, yang secara khusus bertujuan untuk mendorong kemandirian ekonomi, literasi keuangan, dan kapasitas kewirausahaan para nasabah. Tujuan utama dari kegiatan pendampingan ini adalah menyalurkan niat baik kelembagaan ke dalam bantuan nyata bagi para pelaku UMKM agar mampu mengembangkan usahanya secara lebih efektif dan berkelanjutan. Peran Fasilitator Pendamping dalam Program Bestee dilaksanakan melalui serangkaian tahapan yang sistematis, dimulai dari assessment awal kondisi usaha nasabah, analisis SWOT, penyampaian materi pelatihan terstruktur, praktik langsung, sesi penutupan formal, hingga evaluasi komprehensif sebagai tahap akhir dalam setiap siklus kegiatan. Studi ini menggunakan pendekatan deskriptif kualitatif untuk mendokumentasikan dan menganalisis implementasi proses fasilitasi beserta dampaknya terhadap kapasitas pengembangan usaha nasabah BTPN Syariah di wilayah MMS Krembung.
Co-Authors Adi Rohman Moh Feri Adnawidyasaraswati Hanifa Pingkan Adzra, Rifda Shabrina Akbar, Ramzy Ferhat Akhmad Fauzi Akhmad Fauzi Alaufi Khairunisya Alvionita Zakiyatur Amalia, Yuni Andri Gunawan Putra As'ari Anisah Fitri Anisah Fitri, Anisah Ariyanto, Trisnanda Marselina Arohmawati, Putri Puji Azza Fiika Zahra Haqiqi Bahruddin Zaki Barna, Rafly Tyas Berliana Viera Sabilla Bob Frist D’livio Nasution Boby Yudho Anggoro Budianto, Damis Veri Chairani, Anisa Mauriska Citrakara, Tifani Nadif Devinda Anggitasari DEWANTARA, DIMAS RANGGA Dhani Ichsanuddin Nur Dhani Ichsanuddin Nur Dhani Ichsanuddin Nur Dhika Hanggara Putra Diana, Nanda Nova Nur Duta Ramadhan Eko Purwanto Elysabet Nora Erni Wijayanti, Erni Fadilah, Istianatul Fauzan, Naufal Hilmy Fazahada Darmawangsa Putra Febri Suryani Ferry Madi Ika Pratama Ferry Madi Ika Pratama G. Oka Warmana G. Oka Warmana, G. Oka Gendut Sukarno Ghofar, Abd. hidayat, david mu'amar Hikmah Saptya Ningrum Icasania Septentia Ichsanuddin, Dhani Ika Korika Swasti Indah Mei Pratiwi Irfan Saffak Irma Dwi Kusuma Johan Oktavian Kurniawati, Ruly Ladiniar Syiam'sia Ghaniynaafi Lelli Kisdayanti Makarim, Faiz Firdaus Mezafrie, Hilda Michelle Muchammad Romli Muhadjir Anwar Muhammad Taufiqurrahman Muhammad Wildan Sururi Nabila Rizky Maulida Nasution, Bob Frist D’livio Nugraha, Dhani Arta Nuruni Ika KW Patricia, Kezia Angelin Pradana, Naufall Makarim Nurman Pramesti, Tia Ardhela Prasisca Riezky Maharani Putra, Abdillah Jetha Putra, Novaldi Nur Rochman Rahmatika, Ajeng Dian Raihano, Keanrafi Daffa Ramadhan, Muhammad Syahru Ranti, Monica Refael Putra Handoko Regatama, Hamdan Riza Hardianti Utari Rizki Ayu Dian Mega Dewati Roofica, Yunio Ryan Wahyu Pramudya Sabda Alam Sabrina Nouril Jannata Safi’i, Denisa Putriramadhani Septentia, Icasania Sihotang, Albertus Evanelian Sinta Dewi Siska Damayanti Supriya, Amanda Syabela Aisyalita Kurniadi Syafira Alliya Salsabila Salsabila Syahridlo, Muhammad Dio Titian Rendra Hadianto Titian Rendra Hadianto Tyara Warmana, Gede Oka Yusuf Aulia Rakhman Zulfikar Khusnul Ghina Rizky Zumrotul Liana Putri