Article Per Year (5 Year)
p-Index From 2021 - 2026
2.932
P-Index
This Author published in this journals
All Journal Jurnal Ilmiah Mahasiswa FEB JAM : Jurnal Aplikasi Manajemen Jurnal Ekonika : Jurnal Ekonomi Universitas Kadiri Berdikari: Jurnal Pengabdian Masyarakat Indonesia Referensi : Jurnal Ilmu Manajemen dan Akuntansi PEDULI: Jurnal Imiah Pengabdian Pada Masyarakat Jurnal Ilmiah Akuntansi Kesatuan JAPI: Jurnal Akses Pengabdian Indonesia Jurnal Management Risiko dan Keuangan Prosiding Seminar Nasional Pengabdian kepada Masyarakat (SINAPMAS)
Mychelia Champaca
Unknown Affiliation
Agriculture, Biological Sciences & Forestry Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Health Professions Nursing Public Health Social Sciences Other

Published : 35 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 35 Documents
Search

 1   2   3   4 
Analisis Pengaruh Rasio Likuiditas, Profitabilitas dan Solvabilitas Terhadap Financial Distress Nurhidayati, Eny; Champaca, Mychelia
Jurnal Management Risiko dan Keuangan Vol. 2 No. 1 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jmrk.2023.02.1.07

Abstract

Financial distress can be known as condition where the companies underwent a decline in their financial performance that could be seen by profits decreasing and the difficulity to pay all the obligations and their operational expenses both in short term or long term. This condition will also bring the companies to bankruptcy. This study is aimed to determine the influence of Liquidity Ratio, Provitability Ratio, and Solvability Ratio toward Financial distress on Hotels, Restaurants, and Tourism sub-sector Companies. The type of research used is causatif. The subject of this study are Hotels, Restaurants, and Tourism sub-sector Companies of the 2017-2021 period. The data collection method was carried out using no-probability sampling with the purposive sampling method. The data analysis used are Multiple Linear Regression Analysis and hypothesis testing with the help of  STATA ver. 14. The results shows that Liquidity Ratio measured by CR gives such a positive and significant influence toward Financial distress, Profitability Ratio measured by ROE gives such a positive and significant influence toward Financial distress and Solvalibility Ratio measured by DAR does not give any significant influence toward Financial distress.   Abstrak Financial distress merupakan kondisi menurunnya kinerja keuangan perusahaan yang ditandai dengan menurunnya laba bersih perusahaan dan kesulitan keuangan dalam membayar kewajiban jangka pendek dan kewajiban jangka panjang. Hal ini jika dibiarkan berlarut-larut akan mengakibatkan perusahaan mengalami kebangkrutan. Tujuan penelitian ini adalah untuk menganalisis pengaruh Rasio Likuiditas, Profitabilitas dan Solvalibilitas terhadap Financial distress pada perusahaan Sub Sektor Perhotelan, Restoran dan Pariwisata. Jenis Penelitian yang digunakan yaitu penelitian kausatif. Objek penelitian ini adalah perusahaan Sub Sektor Perhotelan, Restoran dan Pariwisata yang terdaftar di BEI pada periode 2017-2021. Teknik pengambilan sampel yang digunakan yakni metode Non-probability Sampling dengan teknik Purposive Sampling. Analisis data yang digunakan ada­lah analisis regresi berganda dan pengujian hipotesis dengan bantuan STATA ver.14. Hasil dari penelitian menunjukkan bahwa Rasio Likuiditas yang diukur dengan CR memberikan pengaruh secara signifikan dan positif terhadap financial distress. Rasio Profitabilitas yang diukur dengan ROE memberikan pengaruh secara signifikan dan positif terhadap financial distress. Rasio Solvabilitas/leverage yang diukur dengan DAR memberikan pengaruh tidak signifikan terhadap financial distress.
Pengaruh Kinerja Keuangan Terhadap Harga Saham Agustin, Wardah Sania; Champaca, Mychelia
Jurnal Management Risiko dan Keuangan Vol. 2 No. 3 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jmrk.2023.02.3.08

Abstract

During the last few years, the financial performance of most companies has decreased due to disruptions in their operation since the Covid-19 pandemic gave no option for the government to cut the outbreak chain by enforcing restriction policies. However, this does not apply to mining companies, whose financial performances have even increased. Therefore, this study examines the liquidity, solvability, and profitability of those companies during the 2018-2022 period. The research objects are mining companies listed on the Indonesia Stock Exchange. The data was analyzed through multiple linear regression to assess the effects of liquidity, solvability, and profitability on stock prices. This study finds that liquidity which is measured using Current Ratio (CR) positively and significantly influences the stock price, that solvability which is measured using Debt-to-Equity Ratio (DER) negatively and significantly affects stock price, and that profitability which is measured using Net Profit Margin has significant impacts on the stock price. These findings indicate that liquidity and solvability give positive signals to the companies, as seen from the relatively stable stock prices of the mining companies each year.   Abstrak Periode beberapa tahun terakhir ini, mayoritas kinerja keuangan perusahaan mengalami penurunan akibat adanya covid 19 yang mana pemerintah ingin memutus rantai penyebaran Covid 19 dengan memberlakukan kebijakan pembatasan yang mengganggu operasional perusahaan. Namun kinerja keuangan pada perusahaan sektor pertambangan cenderung meningkat daripada yang lain. Maka dari itu, penelitian ini tertarik untuk meneliti sektor pertambangan pada periode 2018-2022 dari segi likuiditas, solvabilitas dan profitabilitas. Dengan demikian, penelitian ini menggunakan objek penelitian sektor pertambangan yang terdaftar di Bursa Efek Indonesia. Analisis data dalam penelitian ini menggunakan regresi linier berganda untuk menguji pengaruh likuiditas, solvabilitas dan profitabilitas terhadap harga saham. Hasil Penelitian menunjukkan bahwa rasio likuiditas yang diukur menggunakan Current Ratio (CR) berpengaruh positif dan signifikan terhadap harga saham, rasio solvabilitas yang diukur menggunakan Debt to Equity Ratio (DER) berpengaruh negarif dan signifikan terhadap harga saham, namun rasio profitabilitas yang diukur menggunakan Net Profit Margin (NPM) tidak berpengaruh signifikan terhadap harga saham. Hal ini mengindikasikan bahwa likuiditas dan solvabilitas memberikan sinyal positif bagi perusahaan terlihat pada harga saham perusahaan sektor pertambangan cenderung stabil setiap tahunnya.
Analisis Kinerja Keuangan Perbankan Sebelum dan Sesudah Merger dan Akuisisi Fideni, Ridho; Champaca, Mychelia
Jurnal Management Risiko dan Keuangan Vol. 2 No. 4 (2023)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jmrk.2023.02.4.03

Abstract

Merger and acquisition are the commonly used business strategies for combining two or more companies. These strategies are expected to help the companies to expand their market, improve their performance, and synergize to achieve certain goals. The objective of this research is to analyze differences in the financial performance of banks before and after mergers and acquisitions. The objects of this descriptive quantitative research are banking companies listed in the IDX during the 2017-2021 period that conducted merger and acquisition. The samples were selected using purposive sampling. The data analyses were performed in STATA version 17 by incorporating the Wilcoxon signed-rank test and paired sample T-test. The results indicate that there is no significant difference in the financial performances as measured using CAR, ROA, ROE, NPL, OER, and LDR.     Abstrak Merger dan Akuisisi merupakan strategi bisnis yang biasa digunakan dengan menggabungkan dua atau lebih perusahaan, dan diharapkan mampu untuk memperluas pasar, meningkatkan kinerja, dan dapat saling bersinergi untuk tujuan tertentu. Tujuan penelitian ini adalah untuk menganalisis perbedaan kinerja keuangan perbankan sebelum dan sesudah merger dan akuisisi. Jenis penelitian yang digunakan yaitu penelitian deskriptif kuantitatif. Objek penelitian ini adalah perusahaan Perbankan yang melakukan merger dan akuisisi yang terdaftar di BEI pada periode 2017-2021. Teknik pengambilan sampel yang digunakan yaitu teknik purposive sampling. Metode analisis data yang digunakan dalam penelitian ini adalah metode analisis wilcoxon signed rank test, dan paired sample t test dengan bantuan STATA ver.17. Hasil dari penelitian menunjukkan bahwa tidak terdapat perbedaan yang signifikan pada kinerja keuangan CAR, ROA, ROE, NPL, BOPO, dan LDR.
Analisis Perbandingan Model Altman, Zmijewski, Springate, Dan Grover Dalam Memprediksi Financial Distress Dewi, Livia Alverina Hapsari Sintha; Champaca, Mychelia
Jurnal Management Risiko dan Keuangan Vol. 3 No. 2 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jmrk.2024.03.2.07

Abstract

The purpose of this study is to determine how the prediction of financial difficulties generated by the Grover, Altman, Springate, and Zmijewski models and identify the most accurate prediction models in textile and garment sub-sector companies listed on the Indonesia Stock Exchange in 2020-2022. The type of research is descriptive qualitative using secondary data from thirteen textile and garment sub-sector companies listed on the Indonesia Stock Exchange in 2020-2022. Documentation techniques as well as literature review are used to obtain data. Descriptive statistical analysis and accuracy level tests are the data analysis methods used. From the results of the comparative analysis of the four models, it was obtained that the Zmijewski model is the most reliable predictive model for identifying financial difficulties in business in the textile and garment sub-sector.   Abstrak Tujuan dari penelitian ini adalah untuk mengetahui bagaimana prediksi kesulitan keuangan yang dihasilkan oleh model Grover, Altman, Springate, dan Zmijewski serta mengidentifikasi model prediksi yang paling akurat pada perusahaan sub sektor tekstil dan garmen yang terdaftar di Bursa Efek Indonesia pada tahun 2020-2022. Jenis penelitian adalah kualitatif deskriptif menggunakan data sekunder dari tiga belas perusahaan sub sektor tekstil dan garmen yang terdaftar di Bursa Efek Indonesia pada tahun 2020-2022. Teknik dokumentasi serta tinjauan literatur digunakan untuk memperoleh data. Analisis statistik deskriptif dan uji tingkat akurasi adalah metode analisis data yang digunakan. Dari hasil analisis perbandingan keempat model diperoleh bahwa model Zmijewski merupakan model prediksi yang paling dapat diandalkan untuk mengidentifikasi kesulitan keuangan dalam bisnis dalam sub sektor tekstil dan garmen.
Pengaruh Pertumbuhan Perusahaan, Perputaran Modal Kerja, Dan Profitabilitas Terhadap Nilai Perusahaan Utami, Ni Kadek Ista; Champaca, Mychelia
Jurnal Management Risiko dan Keuangan Vol. 3 No. 1 (2024)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jmrk.2024.03.1.05

Abstract

The growth of the global economy in general is slowing down, but Indonesia’s economy is increasing. The performance of industries that are in the process of recovering from the adverse effects of Covid-19 pandemic apparently contributes to the enhancement. Energy industry stood out as the main contributor for economic productions and is highly potential for investment in compare to other sectors. The objective of this research is to identify the effects of firm growth, working capital turnover, and profitability on the values of energy companies listed on the Indonesia Stock Exchange during the 2018-2022 period. This explanatory research uses secondary data acquired from documentations, which were conducted on purposively selected samples. The results of the multiple linear regression analysis indicate that firm growth and working capital turnover have no significant impact on firm value and that profitability has positive and significant effects on the firm value.   Abstrak Perekonomian global mengalami perlambatan pertumbuhan namun, perekonomian Indonesia terus mengalami pertumbuhan. Kinerja dari berbagai industri yang sedang berproses untuk pemulihan akibat dampak pandemi COVID-19 menjadi salah satu faktor yang berkontribusi terhadap peningkatan tersebut. Industri energi menonjol sebagai kontributor utama terhadap produksi ekonomi dan peluang potensial untuk investasi di antara industri-industri tersebut. Oleh karena itu, tujuan dari penelitian ini adalah untuk mengetahui pengaruh pertumbuhan perusahaan, perputaran modal kerja, dan profitabilitas terhadap nilai perusahaan energi yang tercatat di Bursa Efek Indonesia pada tahun 2018 hingga 2022. Penelitian ini merupakan penelitian eksplanatori dan menggunakan data sekunder yang diperoleh dengan teknik dokumentasi. Purposive sampling dipilih sebagai penentu sampel penelitian. Analisis regresi linier berganda digunakan untuk menganalisis data. Hasil penelitian menunjukkan bahwa pertumbuhan perusahaan dan perputaran modal kerja tidak berpengaruh terhadap nilai perusahaan sementara, profitabilitas mempunyai pengaruh positif dan signifikan terhadap nilai perusahaan.
PENDEKATAN TEORI POPULASI DALAM EKOSISTEM FINTECH Nurhidayat, Moch; Widodo, Deny Edy; Fitriasari, Rizka; Champaca, Mychelia
Referensi : Jurnal Ilmu Manajemen dan Akuntansi Vol 11, No 3 (2023)
Publisher : Unitri Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33366/ref.v11i3.5287

Abstract

The development of fintech as a hybrid financial institution in the financial industry is growing rapidly, research on fintech studies mostly examines the role of fintech for the commercial financial institution market. Based on industry development statistics recorded by the OJK, this fintech development has proven to have a direct impact on the decline in banking performance as a whole, although the effect is not significant. Fintech directly encourages banking digitalization efforts that are already well established in the market, for example through the entry of fintech in the form of digital banks to compete in terms of ease of digital and collateral services. Meanwhile for microfinance institutions, competition from fintech entry is in the form of target markets that require easy access through smartphone applications or through access to collateral-free loans, as well as access to savings at almost no cost. The results of the bibliometric analysis from this research show that the stages of ecosystem development, that is, the assessment phase, the acceleration phase, and the augmentation phase, explain the ecological cycle of fintech organizations based on the Ecological Population Theory as the basis for fintech ecosystems.
Analysis of Switching Behavior of Buy Now Pay Later Product Users Using Push Pull Mooring Framework: Analisis Switching Behavior Pengguna Produk Buy Now Pay Later Menggunakan Push Pull Mooring Framework Yuliyanti, Tiara; Champaca, Mychelia
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 9 No. 2 (2024): September
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v9i2.5751

Abstract

The objective of this research is to identify the impacts of privacy concern as a push effect, monetary rewards of alternative as a pull effect, and inertia as a mooring effect on product switching behavior in buy now pay later among SPaylater users in Jabodetabek. The respondents of this quantitative study were selected through purposive sampling, and the data was analyzed using SEM-PLS (Structural Equation Modeling – Partial Least Squares). The results of the assessment lead to conclusions that privacy concern as a push effect positively and significantly influences the switching behavior, that monetary rewards of alternative as a pull effect positively and significantly influences the switching behavior, and that inertia as a mooring effect has no effect on the switching behavior. Further, the results also indicate that inertia is not significant in moderating the impact of privacy concern on the switching behavior and the impact of monetary rewards of alternatives on the switching behavior. In addition this study finds factors that make individuals switch to other paylater services based on migrating or switching theory as well as consumer’s decision-making processes based on the studied variables
Measuring Fintech's Health: Cash Management and Risk on Firm Performance Champaca, Mychelia
Jurnal Aplikasi Manajemen Vol. 22 No. 2 (2024)
Publisher : Universitas Brawijaya, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.jam.2024.022.02.19

Abstract

The development of financial institutions is in line with the massive development of the internet and technology, so the growth of fintech financial institutions is currently still an interesting topic to discuss. Most research on fintech uses a qualitative approach; this is because the topic of fintech is still in its early stages of development. By using a quantitative approach, this research makes a different contribution, namely by measuring the performance of fintech in Indonesia as a study of the context of developing countries. In addition, most research on fintech is still in the form of definitions and ecosystems of fintech financial institutions. Studies on fintech performance are still limited; this is explained by access to fintech financial report databases that have not been published standardly. This study examines the health of fintech financial institutions by looking at their influence on cash management and corporate riskiness. Studies included testing peer-to-peer lending fintech companies registered with the OJK and making observations during 2019-2022. The analysis method used was ordinary least squares regression from panel data. The results of the study show that there is no influence of cash holdings on company performance. A significant influence is shown by the negative influence of risk using the solvency ratio, although when measured using the liquidity ratio, the results are not significant. The test results prove the role of transactional motives in cash management for fintech companies in Indonesia.
Pelatihan Manajemen Risiko untuk Meningkatkan Kemampuan Pengambilan Keputusan Investasi Bagi Gen Z Champaca, Mychelia; Nurhidayat, Moch
JAPI (Jurnal Akses Pengabdian Indonesia) Vol 10, No 1 (2025)
Publisher : Universitas Tribhuwana Tunggadewi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33366/japi.v10i1.6532

Abstract

Kegiatan pengabdian ini diperuntukan kepada mahasiswa sebagai representasi generasi Z (Gen Z), yang tumbuh di era digitalisasi sehingga memiliki kemudahan perolehan informasi dan akses atas aktivitas investasi dibandingkan generasi sebelumnya. Peran manajemen risiko sebagai materi dalam mempertimbangkan potensi risiko keuangan yang terjadi dalam berinvestasi menjadi fokus agar generasi Z ini dapat berinvestasi dengan cerdas, tidak sekedar ikutan atas tren investasi yang sedang menjadi isu yang populer saat ini. Tujuan kegiatan pengabdian ini ditujukan untuk memberikan edukasi terkait pengelolaan risiko, khususnya risiko pasar dan risiko keuangan sebagai dasar pertimbangan dalam melakukan keputusan investasi di pasar modal dan pasar uang. Dengan demikian, kontribusi dari kegiatan pengabdian ini adalah dapat meningkatkan pemahaman mahasiswa generasi Z dalam mempertimbangkan faktor risiko atas investasinya sehingga dapat mengidentifikasi risiko dan melakukan mitigasi risiko untuk menghindari terjadinya potensi kerugian yang tidak diharapkan pada instrumen investasi.
The Effects of The Application of Sipkd and Internal Control on The Quality of Regional Financial Statements Sulistianingrum, Zevanya; Champaca, Mychelia
Jurnal Management Risiko dan Keuangan Vol. 4 No. 1 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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

Abstract

The objective of this quantitative descriptive research is to assess and analyze the effects of the application of SIPKD (Regional Financial Management Information System) and internal control on the quality of regional financial statements in the local government agencies of Sragen Regency. Using purposive sampling technique, 76 people from the population of Local Government Agency staff of Sragen Regency were selected as the respondents. The data was harvested from questionnaires and was analyzed using multiple linear regression in STATA version 17.0. The results of the analyses indicate that the application of SIPKD and internal control simultaneously have positive and significant impact on the quality of the regional financial statements of Sragen Regency’s local government agencies. Further, the application of SIPKD partially has no significant effect on the regional financial statements of Sragen Regency, while internal control partially has positive and significant impacts on the regional financial statements of Sragen Regency’s local government agencies.
Co-Authors Agung Nugroho Adi, Agung Nugroho Agustin, Wardah Sania Aulia Falyauma Risky Ayuning Putri, Intan Lifinda Denes Ahmad Fairuza Dewi Maryam Dewi, Livia Alverina Hapsari Sintha Farida Eka Putri Fideni, Ridho Firdausiah, Ayu Gracia, Olivia Kardina Yudha Parwati Moch. Nurhidayat Mochammad Imron Awalludin Nur Khusniyah Indrawati Nurhidayati, Eny Ollin Thia Priscilla Cristie Pardede, Vivaldi Wijaya Pion Seto Rakidewo Priest Winka Sajida Prisma Nohandhini Rakidewo, Pion Seto Rizka Fitriasari Safitri, Niluh Santi Sulistianingrum, Zevanya Utami, Ni Kadek Ista Widodo, Deny Edy Winda Anggraini Yuliyanti, Tiara