Article Per Year (5 Year)
p-Index From 2020 - 2025
3.533
P-Index
This Author published in this journals
All Journal Jurnal Siasat Bisnis Jurnal Keuangan dan Perbankan CALYPTRA : Jurnal Ilmiah Mahasiswa Universitas Surabaya Media Ekonomi dan Manajemen Jurnal Aplikasi Bisnis dan Manajemen (JABM) E-Journal Jurnal Manajemen STIE Muhammadiyah Palopo Syntax Literate: Jurnal Ilmiah Indonesia JURNAL AKUNTANSI, EKONOMI dan MANAJEMEN BISNIS JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi) EKUITAS (Jurnal Ekonomi dan Keuangan) MABIS: Manajemen dan Bisnis AMAR (Andalas Management Review) Jurnal Manajemen Pendidikan dan Ilmu Sosial (JMPIS) Journal of Entrepreneurship & Business Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi) Ekonomi dan Bisnis: Berkala Publikasi Gagasan Konseptual, Hasil Penelitian, Kajian, dan Terapan Teori The Manager Reveiew Jurnal Manajemen Maranatha
Liliana Inggrit Wijaya
Jurusan Manajemen Fakultas Bisnis Dan Ekonomika Universitas Surabaya
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Social Sciences Other

Published : 37 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 37 Documents
Search

 1   2   3   4 
Tanggung jawab sosial dan kinerja perusahaan: Peran moderasi dari ukuran perusahaan Wijaya, Liliana Inggrit; Sugiarto, Lady Safitri; Sutejo, Bertha Silvia
Jurnal Manajemen Maranatha Vol 23 No 2 (2024): Jurnal Manajemen Maranatha
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28932/jmm.v23i2.8596

Abstract

Social responsibility (SR) is a way for companies to fulfill their commitments to the public. If the companies have a positive public perception, investors will be more interested in purchasing stocks in the capital market, increasing the price. Therefore, social responsibility is expected to improve firm value, as measured by Tobin’s Q, and this study aims to prove the effect of SR on firm value moderated by its size and controlled by leverage and intensity of research and development. The research samples consist of 65 non-financial companies listed on the Indonesia Stock Exchange from 2019 to 2023 and are taken utilizing a purposive sampling technique. Acting as the data analysis method is the panel data regression model. The regression coefficient testing result displays that the interaction between SR and size positively influences company value. As the control variable, leverage negatively affects this value; however, research and development intensity has no influence. This research implies that SR is an effective strategy for improving the firm’s value as its size elevates by managing sustainable relationships with stakeholders amid rampant environmental issues.
Bias perilaku dan persepsi risiko dalam pembuatan keputusan investasi: Peran moderasi literasi keuangan Purnomo, Andronius; Murhadi, Werner Ria; Wijaya, Liliana Inggrit
Jurnal Manajemen Maranatha Vol 24 No 2 (2025): Jurnal Manajemen Maranatha
Publisher : Universitas Kristen Maranatha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28932/jmm.v24i2.10288

Abstract

Behavioral finance highlights that investors frequently encounter errors in making investment decisions due to cognitive and emotional biases, leading to less-than-optimal investment outcomes. These biases are inherently challenging to overcome and significantly shape how decisions are made. The human brain often relies on shortcuts and emotional interpretations when processing information, resulting in flawed judgments. This research seeks to analyze and assess the impact of the disposition effect, herding behavior, overconfidence, and risk perception on investment decisions, while also investigating the moderating influence of financial literacy. Utilizing a non-probability sampling technique, the study involves 165 respondents and applies structural equation modeling (SEM) analyzed through SPSS AMOS. The results reveal that disposition effect, herding behavior, overconfidence, and risk perception have a substantial impact on investment decisions, whereas financial literacy does not notably moderate their effects on the decision-making process.
Analisa Strategi pada PT. Astra Agro Lestari Tbk. Ivan, Ivan; Wijaya, Liliana Inggrit
Syntax Literate Jurnal Ilmiah Indonesia
Publisher : Syntax Corporation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36418/syntax-literate.v9i11.17143

Abstract

Tujuan penelitian ini untuk menganalisis pilihan strategi yang bisa dilakukan perusahaan agar tetap bertahan dengan situasi masa depan. Konsep kunci dalam penelitian ini adalah formulasi strategi, dimana metode kuantitatif yang digunakan meliputi langkah-langkah manajemen industri yang diterapkan oleh PT. Astra Agro Lestari (AALI) dalam menghadapi persaingan bisnis industri kelapa sawi. Hasil penelitian terhadap lingkungan internal dan eksternal menghasilkan kekuatan, kelemahan, peluang, dan tantangan (SWOT) yang dimiliki AALI. Analisis SWOT itu selanjutnya dimasukkan ke dalam matriks untuk pilihan strategi, meliputi matriks External Factor Evaluation dan Internal Factor Evaluation, Competitive Profile Matrix, Threats Opportunities Weaknesses Strength, SPACE, Boston Consulting Group, Internal External matix, GSM (Grand Strategic Matrix), serta QSPM (Quantitive Strategic Planning Matrix). Rekomendasi akhir yang diperoleh bahwa pilihan strategi AALI yaitu penetrasi pasar mengingat pangsa pasar di Indonesia yang masih cukup besar.
Praktik Manajemen Strategis Pada Masa Pandemi Covid-19: Studi Kasus Pt X Pelaksana Konstruksi Swasta Rianto, Stefanus; Wijaya, Liliana Inggrit
Jurnal Aplikasi Bisnis dan Manajemen Vol. 8 No. 2 (2022): JABM Vol. 8 No. 2, Mei 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.8.2.481

Abstract

Throughout the year of 2020 and 2021, the country of Indonesia is faced with the economic crisis situation caused by the COVID-19 pandemic. The Indonesian goverment has conducted various new up-to-date regulations throughout time accordingly to the latest conditions of the public health in order to prevent the further spread of COVID-19 pandemic, while trying to keep the national economy balanced. X company is one of private costruction builder sector in Indonesia that is impacted by the COVID-19 pandemic. This research is aimed to explore how the COVID-19 pandemic impacts the private construction builder company on the focal of the crisis nowadays, and how the strategic management and crisis management responds in reality from a private construction builder to face the pandemic crisis. The data on this exploratory qualitative research is obtained through direct interviews in X company head office in Surabaya. Four informants are chosen based on the authorization of the management, also from human resource, planning and estimation, health and safety departments. Analysing this qualitative research is done through open coding, axial coding, and selective coding processes. This research found that private construction builder sector is affected negatively in terms of financial, operational, and employee aspects caused by the COVID-19 pandemic, and the dynamic changes of government regulations. The X company management decided to implement various short term strategies consists of retrenchment, persevering, and innovating methods in order to survive during the pandemic crisis. Keywords: COVID-19, crisis impacts, crisis management, exploratory qualitative, private construction
Pengaruh Bias Perilaku terhadap Keputusan Investasi dengan Fear of Missing Out (FOMO) sebagai Mediator di Indonesia Pratiknjo, Meilyn Liman; Wijaya, Liliana Inggrit; Marciano, Deddy
Jurnal Manajemen STIE Muhammadiyah Palopo Vol 10, No 2 (2024)
Publisher : Lembaga Penerbitan dan Publikasi Ilmiah (LPPI) Universitas Muhammadiyah Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35906/jurman.v10i2.2267

Abstract

Abstract This study is based on the increasing number of investors in Indonesia, driven by the ease of access to digital platforms and growing awareness of financial management. In decision-making, many individuals face behavioral biases such as overconfidence, loss aversion, and herding behavior, which affect their rationality. The phenomenon of Fear of Missing Out (FOMO) also plays a role, representing the fear of missing investment opportunities that are perceived as profitable. This study aims to analyze the impact of behavioral biases on investment decisions with FOMO as a mediator in Indonesia. The data were processed using Partial Least Squares-Structural Equation Modeling (PLS-SEM) and analyzed using SmartPLS with 200 respondents selected through purposive sampling. The analysis found that investment decisions are significantly influenced by herding and overconfidence. Loss aversion and herding behavior influence FOMO. However, there was no significant effect of loss aversion on investment decisions or FOMO as a mediator. The results of this study emphasize the importance of understanding the dynamics of behavioral biases, particularly herding behavior and overconfidence, in influencing investment decisions. These findings underscore the need for education and mitigation strategies to reduce the impact of biases and improve individual investment rationality in Indonesia.Keywords: Loss Aversion, Herding Behavior, Fear of Missing Out (FOMO), Investment DecisionAbstrak Penelitian ini didasari oleh meningkatnya jumlah investor di Indonesia yang dipicu oleh kemudahan akses platform digital dan kesadaran akan pengelolaan keuangan. Dalam pengambilan keputusan, banyak individu menghadapi bias perilaku seperti overconfidence, loss aversion, dan herding behavior yang memengaruhi rasionalitas mereka. Fenomena Fear of missing out (FOMO) juga berperan, yaitu ketakutan melewatkan peluang investasi yang dianggap menguntungkan. Penelitian ini bertujuan menganalisis pengaruh bias perilaku terhadap keputusan investasi dengan FOMO sebagai mediator di Indonesia. Data diolah dengan metode Partial Least Squares-Structural Equation Modeling (PLS-SEM) dan diolah menggunakan SmartPLS dengan 200 responden yang dipilih menggunakan teknik purposive sampling. Dari hasil analisis, ditemukan bahwa keputusan investasi dipengaruhi secara signifikan oleh herding dan overconfidence. Loss aversion dan herding behavior mempengaruhi FOMO. Sementara itu, tidak terdapat pengaruh antara loss aversion terhadap keputusan investasi dan FOMO sebagai mediator. Hasil penelitian ini menunjukkan pentingnya memahami dinamika bias perilaku, khususnya herding behavior dan overconfidence, dalam memengaruhi keputusan investasi. Temuan ini menegaskan perlunya edukasi dan strategi mitigasi untuk mengurangi dampak bias guna meningkatkan rasionalitas investasi individu di Indonesia.Kata Kunci: Loss Aversion, Herding Behavior, Fear of Missing Out (FOMO), Keputusan Investasi
Peranan Persepsi Risiko dalam Memediasi Pengaruh Bias Perilaku terhadap Keputusan Investasi pada Generasi Z di Indonesia Felicia, Febiola; Wijaya, Liliana Inggrit; Marciano, Deddy
Jurnal Manajemen Pendidikan dan Ilmu Sosial Vol. 7 No. 1 (2025): Jurnal Manajemen Pendidikan dan Ilmu Sosial (Desember 2025 - Januari 2026)
Publisher : Dinasti Review

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/jmpis.v7i1.6616

Abstract

Penelitian ini didasari oleh meningkatnya jumlah investor ritel, khususnya Generasi Z di Indonesia yang didorong oleh kemudahan akses platform digital serta kesadaran akan pentingnya pengelolaan keuangan. Namun, pengambilan keputusan investasi sering dipengaruhi oleh bias perilaku yang dapat menurunkan tingkat rasionalitas, sementara persepsi risiko berpotensi memperkuat atau melemahkan dampak bias perilaku terhadap keputusan investasi. Penelitian ini bertujuan untuk menguji peranan persepsi risiko dalam memediasi pengaruh bias perilaku terhadap keputusan investasi pada Generasi Z di Indonesia. Data penelitian dianalisis menggunakan metode Partial Least Squares-Structural Equation Modeling (PLS-SEM) melalui perangkat lunak SmartPLS dengan 250 responden yang diperoleh melalui teknik purposive sampling. Hasil penelitian menunjukkan bahwa persepsi risiko memediasi hubungan antara disposition effect, herding bias, dan overconfidence dengan keputusan investasi. Variabel tersebut memiliki pengaruh langsung terhadap persepsi risiko dan terhadap keputusan investasi, sedangkan blue-chip stocks tidak berpengaruh signifikan secara langsung. Studi ini diharapkan dapat memberikan pemahaman mendalam mengenai pengaruh bias perilaku, serta menunjukkan pentingnya edukasi dan strategi mitigasi untuk meningkatkan rasionalitas investor di Indonesia.
Mediasi Risk Perception, Investment Intention dan Fear of Missing Out: Behavioral Perspective Gracela, Natasya; Wijaya, Liliana Inggrit; Sutejo, Bertha Silvia
Jurnal Manajemen Pendidikan dan Ilmu Sosial Vol. 7 No. 1 (2025): Jurnal Manajemen Pendidikan dan Ilmu Sosial (Desember 2025 - Januari 2026)
Publisher : Dinasti Review

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/jmpis.v7i1.6663

Abstract

Penelitian ini dilatarbelakangi oleh meningkatnya minat masyarakat Indonesia untuk berinvestasi seiring dengan kemudahan akses melalui platform digital dan kesadaran terhadap pentingnya pengelolaan keuangan. Namun, di tengah tren tersebut, keputusan investasi kerap dipengaruhi oleh bias perilaku seperti overconfidence bias, loss aversion bias, dan herding bias yang mengaburkan rasionalitas investor. Selain itu, fenomena Fear of Missing Out (FOMO) juga muncul sebagai faktor psikologis yang mendorong individu untuk mengikuti tren pasar tanpa pertimbangan matang. Penelitian ini menganalisis peran mediasi risk perception, investment intention, dan FOMO dalam hubungan antara bias perilaku terhadap keputusan investasi, menggunakan metode SEM melalui JASP dan melibatkan 208 responden yang dipilih secara purposive. Hasil penelitian menunjukkan bahwa FOMO tidak memediasi bias perilaku terhadap keputusan investasi, sedangkan investment intention terbukti memediasi hubungan antara bias perilaku dan keputusan investasi. Selain itu, risk perception terbukti memediasi overconfidence bias, tetapi tidak berhasil memediasi herding bias terhadap keputusan investasi. Temuan ini menunjukkan bahwa faktor psikologis memiliki peran penting dalam proses pengambilan keputusan investasi, sehingga pemahaman mengenai bias perilaku sangat diperlukan agar investor dapat membuat keputusan yang lebih rasional dan objektif.
Co-Authors Adrian Christianto Ardiansyahmiraja, Bobby Arif Herlambang Ayrin Corina Bertha Silvia S. Bertha Silvia Sutejo Billy Evans Cellina Cellina Cintya Yuliana Limantara Deddy Marciano Endang Ernawati Endang Ernawati Felicia, Febiola Ferry Sugianto, Ferry Go, Owen Tamashi Gondoiswanto, Hendardi Agustino Gracela, Natasya I Made Yogantara Ivan Ivan Jeremiah Jovan Piettojo Kajee, Jun Liangga, Victor Marcelino Lukito, Excel Nathaniel Michael . Mudji Utami Muhardi, Werner Ria Nency Liono Nurendra, Muhammad Zahran Oetama, Kumiati Oktavianus, Joshua Pratiknjo, Meilyn Liman Purnomo, Andronius Putu Anom Mahadwartha Putu Anom Mahadwartha Reynaldi Kalata Hendra Rianto, Stefanus Ricky Adiyanto Sari Gondokusumo Shirlen Nathania Fuandy Stefanus Rianto Sugianto, Laurenco Lingguardi Sugiarto, Lady Safitri Tanzil, Ivan Chandra Uung Victoria Finky Uung Victoria Finky Werner R Murhadi Yohan Prasetyo Zunairoh, Zunairoh