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All Journal Jurnal Ilmu Manajemen (JIM) Jurnal Ad'ministrare: Jurnal Pemikiran Ilmiah dan Pendidikan Administrasi Perkantoran Jurnal Aplikasi Bisnis dan Manajemen (JABM) E-Journal EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis JURNAL PENGABDIAN KEPADA MASYARAKAT Journal of Business Management Education (JBME) Jurnal Maneksi (Management Ekonomi Dan Akuntansi) Jurnal Ecodemica : Jurnal Ekonomi Manajemen dan Bisnis Perisai : Islamic Banking and Finance Journal Akuntabel : Jurnal Ekonomi dan Keuangan Journal of Economic, Bussines and Accounting (COSTING) JURNAL MANAJEMEN INDUSTRI DAN LOGISTIK Scientific Journal of Reflection : Economic, Accounting, Management and Business J-MAS (Jurnal Manajemen dan Sains) Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan International Journal of Supply Chain Management JIKA: Jurnal Ilmu Keuangan dan Perbankan Almana : Jurnal Manajemen dan Bisnis JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi) JURNAL MANAJEMEN BISNIS JEMPER (Jurnal Ekonomi Manajemen Perbankan) Amwaluna Jurnal Ekonomi dan Keuangan Syariah Jurnal Pengabdian Dharma Laksana JAF- Journal of Accounting and Finance Jurnal Informatika Ekonomi Bisnis International Journal of Economics Development Research (IJEDR) Management Studies and Entrepreneurship Journal (MSEJ) MEDIA MANAJEMEN JASA JIIP (Jurnal Ilmiah Ilmu Pendidikan) Enrichment : Journal of Management Community Development Journal: Jurnal Pengabdian Masyarakat Jurnal Darma Agung Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Journal of Management - Small and Medium Enterprises (SME's) Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) Jurnal Pengabdian UNDIKMA International Journal of Marketing and Human Resource Research El-kahfi : Journal of Islamic economics Journal Social Science And Technology For Community Service Jurnal PADMA: Pengabdian Dharma Masyarakat Devotion: Journal of Research and Community Service Kontigensi: Jurnal Ilmiah Manajemen Jurnal Info Sains : Informatika dan Sains Unram Journal of Community Service (UJCS) Wiga : Jurnal Penelitian Ilmu Ekonomi Jurnal Attarbiyyah: Jurnal Ilmu Pendidikan Islam International Journal of Science and Society (IJSOC) Service Management Triangle : Jurnal Manajemen Jasa Jurnal Locus Penelitian dan Pengabdian Journal of Innovation Research and Knowledge Journal of Accounting and Finance Management (JAFM) Media Riset Akuntansi Auditing & Informasi Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi) JRAP (Jurnal Riset Akuntansi dan Perpajakan) Moneter : Jurnal Keuangan dan Perbankan Jurnal Informatika Ekonomi Bisnis Jurnal Penelitian Pendidikan Indonesia COUNT: Journal of Accounting, Business and Management International Journal of Economics, Business and Innovation Research Journal of Economics and Management
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Tobin's Q Modeling Through the Du Pont System Financial Performance Method Using SEM-PLS Yulandri, Elsa; Hertina, Dede; Asih, Vemy Suci
AMWALUNA (Jurnal Ekonomi dan Keuangan Syariah) Vol 7, No 2 (2023)
Publisher : Univeristas Islam Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/amwaluna.v7i2.10899

Abstract

This study aims to examine the factors that influence Tobin's Q. This goal is achieved by testing the Debt to Equity Ratio (DER), Dividend Yield, and Firm Size through the financial performance mediating variable using the du Pont system method. This study uses a population of 20 companies indexed in the High Dividend Index of the Indonesia Stock Exchange with a saturated sample technique. The 20 companies are the samples in this study. This research approach uses descriptive quantitative that is path analysis to test the hypothesis that has been formed. The most important research result is that the financial performance of the du Pont system method affects mediating the Debt to Equity Ratio (DER) and Firm Size of Tobin's Q. Then, partially Dividend Yield and Financial Performance of the du Pont system method significantly influence the company's Tobin's Q. High Dividend Index 20
THE EFFECT OF TRADING DAYS AND SYSTEMATIC RISK ON STOCK RETURN VOLATILITY: STUDY OF LQ-45 COMPANIES ON THE INDONESIAN STOCK EXCHANGE DURING THE COVID-19 PANDEMIC Hendayana, Yana; Putra, Ivan Gumilar Sambas; Hertina, Dede
Media Riset Akuntansi, Auditing & Informasi Vol. 25 No. 1 (2025): April
Publisher : LEMBAGA PENERBIT FAKULTAS EKONOMI DAN BISNIS UNIVERSITAS TRISAKTI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/mraai.v25i1.20642

Abstract

This research aims to determine the effect of trading days and systematic risk on stock return volatility. This study is based on the phenomenon of trading day anomalies that often influence market movements, as well as the importance of understanding systematic risk in investment decision-making. This research is quantitative research with a causal design and uses multiple linear regression analysis. The research object is stocks included in the LQ-45 index. The research findings indicate that trading days and systematic risk have a significant effect on stock return volatility. These findings reinforce the growing literature on trading day anomalies and stock return volatility, and provide empirical evidence of the factors that influence stock volatility in different economic and market dynamics. The practical implications of this research suggest the need for risk management strategies tailored to volatile market conditions, as well as the consideration of using derivative financial instruments, portfolio diversification to protect stock value, and enhancing resilience against market fluctuations.
The Effect of Inflation, Interest Rates and Non-Performing Loans On Stock Returns Through Profitability In Banking Companies Indonesia Period 2018-2022 Maesaroh Tiarawati, Neneng; Hertina, Dede
Devotion : Journal of Research and Community Service Vol. 5 No. 10 (2024): Devotion: Journal of Community Research
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/devotion.v5i10.13227

Abstract

Even if the Indonesian economy has grown and the stock market has improved after COVID-19, banking stock returns in Indonesia have remained stagnant. The returns on Indonesian banking stocks in 2022 were much lower than in prior years. Identifying the internal and external variables that contributed to the fall in these shares is an obvious challenge. The purpose of this study is to investigate how return on assets (ROA) acts as a mediator between inflation, interest rates, non-performing loans, and stock returns. Thirty businesses make up the sample for this study, which employs testing methodologies including multiple regression and route analysis. Additionally, in order to find the indirect impact, the Sobel test must be used. This study found that stock returns are positively affected by inflation and return on assets, but unaffected by interest rates and non-performing loans. Unlike inflation and interest rates, return on assets can moderate the impact of non-performing loans on stock returns. stock performance. Things that could affect future returns should be carefully considered by investors.
Deciphering Corporate Financial Metamorphosis: A Comprehensive Analysis of Corporate Financial Performances Pre and Post Acquisition Rafikawaty, Rafikawaty; Hertina, Dede
Devotion : Journal of Research and Community Service Vol. 5 No. 10 (2024): Devotion: Journal of Community Research
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/devotion.v5i10.13228

Abstract

This study aims to analyze potential differences in the financial performance of acquiring companies before and after acquisitions, focusing on Liquidity Ratios (Current Ratio and Quick Ratio), Profitability Ratios (Return on Assets Ratio and Net Profit Margin Ratio), Solvency Ratios (Debt to Equity Ratio and Debt to Assets Ratio), Activity Ratio (Total Assets Turnover Ratio and Fixed Assets Turnover Ratio), and Market Ratio (Earning per Share Ratio and Price Earnings Ratio). The research methodology involves a Quantitative Descriptive and Comparative approach, along with an Event Study comparing the financial performance of companies three years before and after the acquisition. Statistical tests, including Sample Paired t-Test and Wilcoxon Signed Rank Test, were conducted using the EViews application on seven acquiring companies listed on the IDX from 2017 to 2023. The findings indicate a significant difference in the company's financial performance before and after the acquisition, specifically in terms of Return on Assets, while the other financial ratios showed no significant differences before and after the acquisition is conducted. The implications of this study are expected to provide in-depth knowledge about the significance of differences in the company's financial performance before and after the acquisition, which will serve as a basis for decision making for investors and public in general.
Analysis of Liquidity, Solvency, and Activity on Profitability in Oil and Gas Sub-Sector Companies Listed on the IDX for the 2020-2023 Period Allawiyah, Fatimah Zahro; Hertina, Dede
Almana : Jurnal Manajemen dan Bisnis Vol 9 No 1 (2025): April
Publisher : Bandung: Prodi Manajemen FE Universitas Langlangbuana

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

Abstract

Welcoming the readiness of energy security in Indonesia, oil and gas sub-sector companies must be ready to face this situation. This readiness is seen from the financial aspect of the company. Good financial performance is seen from the profit growth which is the benchmark for a company's performance. The higher the profit achieved by the company indicates the better the company's performance. If the company's financial ratio is good, then the company's profit growth is also good. The purpose of this study is to determine the Analysis of Liquidity, Solvency, and Activity on Profitability. This research was conducted on Oil and Gas Sub-sector Companies listed on the Indonesia Stock Exchange for the 2020-2023 period. The population in this study was 47 companies, using purposive sampling a sample of 16 companies. This research method uses quantitative description. The result is that liquidity affects profitability, solvency does not affect profitability and activity does not affect profitability.
The Influence of Liquidity, Profitability, Company Growth and Capital Structure on Company Value Hertina, Dede
JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi) Vol 8 No 1 (2024): April
Publisher : Program Studi Akuntansi Universitas Langlangbuana Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36555/jasa.v8i1.2451

Abstract

This research aims to determine the influence of liquidity, profitability, company growth and capital structure on company value. This research was conducted on consumer goods sector companies listed on the Indonesia Stock Exchange 2017-2022). The type of research used in this research is explanatory with a quantitative approach. The research results simultaneously state that Profitability, Liquidity, Company Growth and Capital Structure influence Company Value in Consumer Goods Industry companies listed on the Indonesian Stock Exchange for the period 2017 - 2019. Meanwhile, partial research results state that Liquidity has a significant negative effect on Company Value, profitability has a significant positive effect on Company Value, Company growth has no effect on Company Value and Capital Structure has no effect on Company Value in Consumer Goods Industry companies listed on the Indonesia Stock Exchange for the period 2017 – 2019. This can be seen based on the calculated t value of -1.068 which is smaller than the t table and the significance value is 0.289 so it can be seen that the value is above 0.05, that H4 which states that Capital Structure has an effect on Company Value is rejected.
PENGELOLAAN PERBAIKAN BERKELANJUTAN INVENTARIS UNTUK REDUCE COST DI PT XYZ KOTA BANDUNG, INDONESIA Pratiwi, Dian Mega; Hertina, Dede
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 8 No 2 (2024): Edisi Mei - Agustus 2024
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v8i2.4259

Abstract

Tujuan dari penelitian ini adalah untuk mempelajari masalah yang terkait dengan kelebihan persediaan garmen pada unit perlengkapan tekstil, serta masalah waktu pemesanan yang dibutuhkan oleh perusahaan untuk mencegah kelebihan barang di gudang. Untuk menghitung stock garmen, model inventaris klasifikasi ABC dan kebijakan pemantauan berkelanjutan digunakan untuk membandingkan nilai aktual dan tingkat inventaris rata-rata ideal (AIL). Klasifikasi analisis Activity Based Costing (ABC) juga membantu perusahaan menemukan barang yang layak untuk dikurangi dari persediaan sehingga dapat melakukan reduce cost. Dengan menerapkan kebijakan peninjauan berkelanjutan di dalam sistem perhitungan pengendalian persediaan garmen, maka suatu perusahaan dapat mengurangi tingkat kelebihan persediaan yang dalam ini sebesar Rp 12.979 milliar atau (8,51%), angka tersebut cukup besar sehingga menurut analisis tingkat persediaan berlebih perlu peninjauan berkelanjutan sebagai dasar sistem perhitungan pengendalian persediaan.
Building The Capacity of Financial Literacy of MSMES in Bandung City to Improve Competitiveness in The International Market Hertina, Dede; Hendayana, Yana; Ichsani, Sakina; Fatihat, Gita Genia; Pratiwi, Leni Nur
Jurnal Pengabdian UNDIKMA Vol. 6 No. 3 (2025): August
Publisher : LPPM Universitas Pendidikan Mandalika (UNDIKMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33394/jpu.v6i3.16582

Abstract

This community service program aims to enhance the financial literacy of MSMEs in Bandung City, thereby improving their competitiveness in the international market. In collaboration with KADIN Bandung City, the Faculty of Economics and Business at Widyatama University conducted a participatory training session for 15 MSME participants from the culinary, fashion, trade, and service sectors. The training combined presentations, discussions, and hands-on simulations using the SIAPIK financial application, where participants practiced recording real transactions, managing cash flow, and generating financial reports using their own business data. Post-training evaluations indicated increased digital readiness and a better understanding of financial documentation, with over 80% of participants able to independently use the SIAPIK application to produce basic financial reports. Participants also recognized the relevance of digital financial tools for accessing credit and enhancing business transparency. This program offers a scalable model for financial literacy development among MSMEs and underscores the importance of institutional collaboration for sustainability and broader adoption.
Pengaruh Assets Turnover, Current Ratio dan Debt to Assets Ratio Terhadap Return on Assets Pada Perusahaan BUMN Farmasi Periode Tahun 2018 – 2023 Nurhasanah, Kurnia; Hertina, Dede
Jurnal Locus Penelitian dan Pengabdian Vol. 4 No. 8 (2025): JURNAL LOCUS: Penelitian dan Pengabdian
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/locus.v4i8.4175

Abstract

Tujuan penelitian ini adalah untuk mengetahui apakah variabel-variabel independen dalam hal ini Assets Turnover, Current Ratio dan Debt to Assets Ratio berpengaruh terhadap Return on Assets. Metode penelitian yang dilakukan adalah metode pengujian Analisis Regresi Berganda data panel dengan menggunakan data cross section dan time series dari  laporan keuangan triwulanan perusahaan BUMN Farmasi yaitu PT. Biofarma (Persero), PT. Kimia Farma, Tbk, dan PT. Indo Farma, Tbk selama 6 tahun dari tahun 2018-2023, berupa komponen laporan keuangan yaitu Laba bersih, Total aset, Aset lancar, liabilitas lancar, dan total hutang yang menjadi indikator untuk perhitungan sehingga menjadi variabel-variabel Assets Turnover, Current Ratio, Debt to Assets Ratio  dan Return on Assets. Pada analisis data juga dilakukan perhitungan uji asumsi klasik meliputi Multikolinearitas dan Heteroskedastisitas. Uji ini dilakukan untuk menjamin keakuratan model regresi berganda. Hasil penelitian menunjukkan bahwa Assets Turnover dan Current Ratio tidak berpengaruh secara signifkan terhadap Return on Assets, namun Debt to Assets Ratio  berpengaruh secara signifikan terhadap Return on Assets  pada perusahaan BUMN Farmasi periode tahun 2018 – 2023 .  Nilai F sebesar 54,622 dengan nilai Prob (F-Statistic) sebesar 0,000 (<0,05). Maka bisa ditarik kesimpulan bahwa variabel independen (X) yaitu Assets Turnover, Current Ratio dan Debt to Assets Ratio berpengaruh signifikan secara bersama-sama  terhadap variabel dependen (Y) yaitu Return on Assets. Nilai Adjusted R Square sebesar 0,790, maka dapat ditarik kesimpulan bahwa sumbangan pengaruh variabel independen terhadap variabel dependen secara bersama-sama  sebesar 79%, sedangkan sisanya sebesar 21% dipengaruhi variabel lain diluar penelitian ini.
Identifikasi faktor kontrak psikologis, organisasi politik dan komitmen organisasi terhadap kinerja karyawan manufaktur PT ZYX Mardiana, Yanthy; Suyudi, Wahidiyat; Hertina, Dede; Rizki, Muhammad Irfan
Jurnal Ilmu Manajemen Vol. 12 No. 2 (2024)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jim.v12n2.p395-405

Abstract

The essence of this research is to examine the influence of organizational commitment, organizational politics, and psychological contracts on employee performance. On the basis of this research, the survey sample was taken from employees in the production department of PT ZYX. The population and sample of this research are employees in the After Sales division of PT. ZYX, with a total of 100 respondents. The analytical method used in this case is white`s Robust standard error regression analysis and the data used is primary data obtained from questionnaires distributed to all employees. Based on the research results, it shows that the psychological contract and organizational commitment have a significant effect on employee performance, while organizational politics have an insignificant effect. If viewed simultaneously, all independent variables (contract, psychology, organizational commitment and organizational politics) have a significant influence on employee performance.
Co-Authors Adinda Triana Ramadhina Agnia Novena Agustian, Hikmat Ahmad Furqon Ai Siti Nurjanah Alfiana Alfiana Alfiana Alfiana Alifa Apriansyah Allawiyah, Fatimah Zahro Amiruddin Amiruddin Andi Hidayatul Fadlilah Andiena Nindya Putri Andryana, Linda Andya Fitrist Bani Koni Anton Abdulbasah Kamil Apriansyah, Alifa Aprih Santoso Aprilia Krisna, Kiki Ardiani Ika Sulistyawati Ari Wirawan Aripin, Ivan Armenda , Dea Asep Sudrajat Asri Ady Bakri Azhari, Holid Azis Muslim Bhuana, Hendrie Satria Cecep Supriadi Cendana Oktaviani Dadang Iskandar Danubrata Dara Mustika Della Maretha Deny Purwo Sambodo Desman Serius Nazara Devy Mawarnie Dewi Putri Damayanti Dian Septiani Dyahrini, Wien edy susanto Effendi, Kharisya Ayu Fahrezi, Irgie Yudha Farida Wulan Dari Fathimah, Nur Aini Fatihat, Gita Fatihat, Gita Genia Febiansyah, Arfi Fika Deningtyas Fitriningsih Amalo Genia Fatihat, Gita Gita Genia Fatihat Gita Genia Fatihat Gita Genia Fatihat Hanafie, Mochammad Handri Hariandy Hasbi Hekmatyar , Robby Hendayana, Yana Hendra, Joni Hendrik Elisa Sutejo Samosir Heny Herawati Hermiyetti Hermiyetti Herry Achmad Buchory Hervina, Rosilia Hidayat, Mohamad Bayu Herdiawan Hikmat Agustian I Kadek Wira Dharama Prayana Ichsani, Sakina Intan Dewi Yuli Yutika Inten Handa Moorjati Irfan Imamul Haqiqi Irmayani Wardani Isti'anah Rizqullah Ivan Aripin Ivan Gumilar Sambas Putra Ivan Gumilar Sambas Putra Ivan Gumilar Sambas Putra John Henry Wijaya John Henry Wijaya Kadiman, Yoga Aidil Bagja Kartika, Erawati Khusnik Hudzafidah Kirana, Nadya Laila Zafira Arizona Lase, Vici Saradede Aprillian Leni Nur Pratiwi Leni Nur Pratiwi Liscka Puri Kenedi Listiana Sri Mulatsih Lorensha, Selvi Loso Judijanto Maesaroh Tiarawati, Neneng Mardiana, Yanthy Martini, Ervita Mayndarto, Eko Cahyo Mekar Meilisa Amalia Mochamad Hadidsyam Prawira Dirgasurya Mohamad Bayu Herdiawan Hidayat Mohamad Bayu Herdiawan Hidayat Mohamad Bayu Herdiawan Hidayat Mohamad Bayu Herdiawan Hidayat Mohamad Bayu Herdiawan Hidayat Muhammad Taufik Rahman Muslim Musran Munizu Nadya Kirana Nazara, Desman Serius Novianti Dwi Pujiastuti Nur Pratiwi, Leni Nurhasanah, Kurnia Nuri Nuryanah Nurjanah, Ai Siti Pratiwi, Dian Mega Pratiwi, Leni Pratiwi, Leni Nur Prawira, Afghan Pristia Amary, Zalfa Bhetari Putra, Halim Dwi R Susanto Hendianto R Susanto Hendianto R Susanto Hendianto R.Susanto Hendianto Rafikawaty, Rafikawaty Rahmah, Maghfirah Aulia Ramadhan , Galih Kharisma Randy Eka Saputra Ratna Komala Putri Reny Febiani Restuningsih, Jumi Risman Rismawan Rita Zulbetti Rizki, Muhammad Irfan Rudi Setiawan Sagit Sumpena Sahid, Alwi Sakina Ichsani Sakina Ichsani Sakina Ichsani Sakina Ichsani Sakina Ichsani Saputera, Denny Sofan Rahmat Sri Hastutik Sudrajat, Asep SUJAI, MUHAMMAD Susanto Hendiarto Susanto Hendiarto Suyudi, Wahidiyat Syahril, Indra Syukran H Abdul Tasya Nafila Tasya Nafila Tsaniya, Fatharani Nur Ummayah, Siti Ruhanni Uning Kuraesin Vemy Suci Asih Via Adillia Vincentia Wahju Wijadatun Vivin Tri Astuti Wahyuni , Linda Destya Wien Dyahrini Wijaya, John Henry Wirawan, Ari Wiwin Apriyanti Wulandari, Denisa Yana Hendayana Yana Hendayana Yana Hendayana Yendri, Okma Yoesoep Edhie Rachmad Yulandri, Elsa Zainudin, Zalina