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PENTINGNYA LITERASI KEUANGAN BAGI PELAJAR GENERASI Z DI KOTA PONTIANAK: PEMAHAMAN AKUNTANSI Erwin Febriansyah; Muliawati; Nasution, Hilfa Mora Marito
IJTIMA': JURNAL PENGABDIAN MASYARAKAT Vol. 2 No. 2 (2025): Oktober
Publisher : UIR Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25299/ijtima.2025.25019

Abstract

The rapid development of digital technology encourages the younger generation, particularly Generation Z, to acquire strong financial literacy skills in order to manage economic resources wisely amidst the fast and complex flow of information. A lack of understanding of basic accounting concepts and financial management often becomes an obstacle for students in organizing personal finances as well as in realizing the importance of simple financial record-keeping. This community service activity aimed to enhance the financial literacy of Generation Z students through the introduction of basic accounting, providing them with the ability to manage their finances in a more structured and responsible manner. The program was conducted at SMA Santo Paulus, Pontianak City, on Tuesday, September 16, 2025, using a participatory approach through interactive lectures, group discussions, and simple transaction recording simulations. These techniques were chosen to ensure that students not only understood the theory but were also able to apply basic accounting concepts in their daily lives. The results of the activity showed high enthusiasm from the participants, as reflected in their active involvement during discussions and the improvement in their understanding of financial literacy based on pre- and post-activity evaluations. This initiative is expected to foster early awareness among Generation Z students of the importance of financial management and to instill good habits in recording, organizing, and planning personal finances in a more systematic way.   The rapid development of digital technology encourages the younger generation, particularly Generation Z, to acquire strong financial literacy skills in order to manage economic resources wisely amidst the fast and complex flow of information. A lack of understanding of basic accounting concepts and financial management often becomes an obstacle for students in organizing personal finances as well as in realizing the importance of simple financial record-keeping. This community service activity aimed to enhance the financial literacy of Generation Z students through the introduction of basic accounting, providing them with the ability to manage their finances in a more structured and responsible manner. The program was conducted at SMA Santo Paulus, Pontianak City, on Tuesday, September 16, 2025, using a participatory approach through interactive lectures, group discussions, and simple transaction recording simulations. These techniques were chosen to ensure that students not only understood the theory but were also able to apply basic accounting concepts in their daily lives. The results of the activity showed high enthusiasm from the participants, as reflected in their active involvement during discussions and the improvement in their understanding of financial literacy based on pre- and post-activity evaluations. This initiative is expected to foster early awareness among Generation Z students of the importance of financial management and to instill good habits in recording, organizing, and planning personal finances in a more systematic way.
Performance Evaluation of Mutual Funds in Indonesia: An Analysis of Risk-Adjusted and Market Timing Teddy Rianto L. Gaol; Nugroho J Setiadi; Arina Azwani; Erwin Febriansyah
Jurnal Minfo Polgan Vol. 14 No. 1 (2025): Artikel Penelitian
Publisher : Politeknik Ganesha Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33395/jmp.v14i1.15028

Abstract

This research investigates the performance of 38 Indonesian mutual funds, consisting of 21 fixed income funds and 17 equity funds, from August 2017 to May 2025. The evaluation employs various risk-adjusted performance measures, including the Sharpe ratio and Jensen’s alpha, as well as market timing analysis using the Treynor-Mazuy and Henriksson-Merton models. The results indicate that fixed income funds posted a higher average monthly return (0.34%) than both equity funds (0.08%) and the market index (0.30%). Notably, the risk-free rate (0.45%) surpassed the returns of all fund categories and the market. Performance analysis reveals that only 10 funds outperformed the market based on the Sharpe ratio, and just one fund recorded a statistically significant positive Jensen’s alpha. Similarly, market timing evaluation identified only one fund with a significant positive coefficient, suggesting effective market timing ability. These findings are consistent with the Efficient Market Hypothesis, implying that most Indonesian mutual funds are unable to consistently generate superior risk-adjusted returns or exhibit strong market timing skills. The study provides relevant insights for investors and fund managers regarding mutual fund selection and performance expectations in Indonesia. However, the research acknowledges limitations in sample size and scope, recommending that future studies include broader samples, longer observation periods, and additional explanatory variables to enrich the understanding of mutual fund performance in the Indonesian capital market.