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Financial performance analysis before and after initial public offering in consumer cyclical and consumer non-cyclical sector companies on the indonesia stock exchange Tri Wiyono Kurnianto; Malini, Helma; Wendy, Wendy; Giriati, Giriati; Setiawan, Harry
Jurnal Ekonomi Vol. 13 No. 01 (2024): Jurnal Ekonomi, Edition January - March 2024
Publisher : SEAN Institute

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Abstract

This study aims to ascertain whether the financial performance of companies in the Consumer cyclical and Consumer non-cyclical sectors on the Indonesian stock exchange differs before and after their initial public offerings (IPOs). It is  quantitative research. The population of this study is the Consumer Cyclical and Consumer Non-Cyclical sector companies that made initial public offerings (IPO) in 2019 – 2021. The sample in this study amounted to 54 companies using purposive sampling technique. The variables used are Current Ratio (CR), Return on Investment (ROI), Return on Equity (ROE), Debt to Asset Ratio (DAR), Debt to Equity Ratio (DER), and Total Asset Turnover (TATO). Hypothesis testing uses paired sample t-test on normally distributed data and Wilcoxon signed ranks test on non-normally distributed data. The results obtained show that there are significant differences in CR, ROI, ROE, DAR, DER, and TATO between before and after the initial public offering (IPO).
Harnessing The Potential Of Storytelling On Social Media: A Game-Changer For Halal Tourism Marketing Strategies Harry Setiawan; Nur Afifah; Mustaruddin, Mustaruddin
Jurnal Ekonomi Vol. 13 No. 02 (2024): Jurnal Ekonomi, Edition April - June 2024
Publisher : SEAN Institute

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Abstract

The rapid growth of the halal tourism market presents significant opportunities for destinations and service providers. However, to effectively capitalize on this potential, it is crucial to understand the factors influencing Muslim tourists' experiences and revisit intentions. This study aims to investigate the role of storytelling on social media as a moderating variable in the relationship between Muslim tourists' emotional experiences and their intention to revisit halal tourism destinations. A quantitative approach and structural equation modeling were employed to examine the impact of halal destination attributes and halal-friendly services on emotional experiences, as well as the moderating effect of storytelling on social media on the relationship between emotional experiences and revisit intentions. The analysis results demonstrate that halal destination attributes and halal-friendly services significantly influence Muslim tourists' emotional experiences. Furthermore, storytelling on social media significantly moderates the relationship between emotional experiences and revisit intentions, strengthening the impact of emotional experiences on post-visit behavioral intentions. These findings contribute to the advancement of tourism marketing and consumer behavior theories while providing practical implications for the halal tourism industry in designing effective marketing strategies through social media storytelling.
Pengaruh Efikasi Diri, Lingkungan Keluarga, dan Keberanian Mengambil Resiko Terhadap Minat Berwirausaha Mahasiswa Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Tanjungpura Setiawan, Harry; Ginting, Rafles
Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (Jebma) Vol. 3 No. 2 (2023): Article Research Volume 3 Issue 2, July 2023
Publisher : Yayasan Cita Cendikiawan Al Kharizmi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47709/jebma.v3i2.2762

Abstract

Dalam konteks pertumbuhan ekonomi dan pengurangan pengangguran di Indonesia, minat berwirausaha menjadi penting untuk memberikan alternatif karier bagi lulusan perguruan tinggi. Oleh karena itu, peneliti memaparkan beberapa faktor yang dapat menjadi upaya dalam mendorong minat berwirausaha pada mahasiswa, sehingga penelitian ini berfokus dalam menganalisis pengaruh efikasi diri, lingkungan keluarga, dan keberanian mengambil resiko terhadap minat berwirausaha pada mahasiswa program studi Manajemen di Fakultas Ekonomi dan Bisnis Universitas Tanjungpura. Metode penelitian yang digunakan dalam penelitian ini yaitu asosiatif dengan pendekatan kausal, dengan menggumpulkan data melalui kuesioner dari mahasiswa program studi Manajemen yang telah mengikuti mata kuliah kewirausahaan. Populasi dalam penelitian ini adalah mahasiswa angkatan 2018-2021 yang berjumlah 997 orang. Dengan demikian hasil penelitian ini menunjukkan bahwa efikasi diri memiliki pengaruh positif dan signifikan terhadap minat berwirausaha mahasiswa dengan signifikansi 0,000 < 0,05 dan t hitung 5,630 > t tabel 1,996. Selanjutnya, lingkungan keluarga juga memiliki pengaruh positif dan signifikan terhadap minat berwirausaha mahasiswa dengan signifikansi 0,000 < 0,05 dan t hitung 8,421 > t tabel 1,996. Sementara itu, keberanian mengambil risiko juga berpengaruh positif dan signifikan terhadap minat berwirausaha mahasiswa dengan signifikansi 0,000 < 0,05 dan t hitung 8,861 > t tabel 1,996. Hasil ini menunjukkan bahwa mahasiswa yang memiliki efikasi diri yang tinggi, didukung oleh lingkungan keluarga yang positif, dan memiliki keberanian mengambil risiko lebih cenderung memiliki minat berwirausaha yang lebih tinggi.
CUSTOMER LOYALTY NASABAH BSI: PERAN CUSTOMER SATISFACTION TERHADAP SERVICE QUALITY DAN COMPLAINT HANDLING Yuyun, Yuyun; Kalis, Maria Christiana Iman; Purmono, Bintoro Bagus; Afifah, Nur; Setiawan, Harry
JAMBURA: Jurnal Ilmiah Manajemen dan Bisnis Vol 8, No 2 (2025): JIMB - VOLUME 8 NOMOR 2 SEPTEMBER 2025
Publisher : Universitas Negeri Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37479/jimb.v8i2.34406

Abstract

Bank Syariah Indonesia dianggap sebagai instansi financial yang berlandaskan kaidah Islam dan nilai-nilai moral, yang menjadikannya pilihan utama bagi mayoritas penduduk Indonesia yang beragama Islam. Service quality yang baik dan complaint handling yang efektif, serta kemampuan bank dalam memenuhi harapan nasabah, memiliki dampak yang signifikan terhadap tingkat Customer Satisfaction, baik bagi nasabah yang menabung maupun yang menggunakan produk perbankan tersebut. Customer satisfaction tersebut kemudian berpengaruh terhadap customer loyalty dalam jangka panjang. Studi ini ingin mengevaluasi pengaruh Service Quality dan Complaint Handling oada Customer Loyalty, dengan Customer Satisfaction dijadikan variabel mediasi, di Bank Syariah Indonesia. Sebanyak 200 responden ditentukan melalui purposive sampling. Datanya didapati secara membagikan kuesioner serta dianalisa bermetode Structural Equation Modeling dengan Smart PLS. studi ini menghasilkan bila service quality dan complaint handling berkontribusi signifikan positif pada customer satisfaction, sevice quality dan complaint handling berkontribusi signifikan positif pada customer loyalty, custpmer satisfaction berkontribusi signifikan positif pada customer loyalty, dan customer satisfaction memediasikan pengaruh complaint handling serta service quality pada customer loyalty.
FAVORABLE BEHAVIORAL INTENTIONS GOFOOD PLUS: PERAN SATISFACTION TERHADAP PERFORMANCE EXPECTANCY DAN PRICE VALUE Okta, Dilla Melinia; Setiawan, Harry; Afifah, Nur; Purmono, Bintoro Bagus
JAMBURA: Jurnal Ilmiah Manajemen dan Bisnis Vol 8, No 2 (2025): JIMB - VOLUME 8 NOMOR 2 SEPTEMBER 2025
Publisher : Universitas Negeri Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37479/jimb.v8i2.34399

Abstract

Peralihan preferensi konsumen dari metode pembelian konvensional ke layanan pesan antar online semakin nyata, terutama di kalangan generasi muda yang mengutamakan kemudahan dan efisiensi. Keberhasilan GoFood PLUS dipengaruhi oleh Favorable Behavioral Intentions pengguna dan persepsi terhadap price value, yang pada akhirnya berdampak pada satisfaction serta keputusan mereka dalam menggunakan layanan tersebut. Dua faktor ini menjadi aspek utama yang ingin dicapai oleh GoFood PLUS dan merupakan kunci keberhasilan dalam industri layanan pesan-antar digital. Penelitian ini menganalisis pengaruh Performance Expectancy dan price value terhadap Favorable Behavioral Intentions serta tingkat satisfaction pengguna GoFood PLUS di Indonesia. Penelitian ini menggunakan pendekatan kausal asosiatif dengan tujuan mengungkap hubungan sebab dan akibat antara variabel yang dianalisis. Melalui metode kuantitatif dan pendekatan Structural Equation Modeling (SEM), pengumpulan data dilakukan untuk mendukung analisis dalam penelitian ini melalui kuesioner dari 206 responden yang merupakan pengguna GoFood PLUS di Indonesia. Penelitian ini menunjukkan bahwa performance expectancy berpengaruh terhadap favorable behavioral intentions baik secara langsung maupun tidak langsung dengan satisfaction sebagai mediasi, sedangkan price value hanya memengaruhi favorable behavioral intentions secara langsung tanpa melalui satisfaction.
Communication Analysis Through Computer-Mediated Communication on the Instagram Account @Widyhartono Eka Fitri Qurniawati; Setiawan, Harry; Hero, Eko; Putri, Indah Mardini
EKSPRESI DAN PERSEPSI : JURNAL ILMU KOMUNIKASI Vol 8 No 3 (2025): September
Publisher : Fakultas Ilmu Sosial dan Ilmu Politik Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33822/jep.v8i3.10758

Abstract

In this digital age, interpersonal communication has been shifted massively to social media, including the culinary field, which is inseparable from the role of food vloggers. Widy Hartono, a local food vlogger, is notable for his ability to build rapport with his followers through informative, personal, and consistent content. The purpose of this study was to examine communication practices through computer-mediated communication on the Instagram account @widyhartono, owned and managed by Widy Hartono. The descriptive qualitative research method was employed in this study through data collection techniques, including interviews, observations, and documentation. The results showed that, according to Social Information Processing Theory, three key aspects had emerged. The first was interpersonal communication, which reflected an interest in using social media. In publishing information, Hartono's Instagram account tends to emphasize a friendly persona and nonverbal communication online through emoticons. The second aspect was the interpersonal perspective, reflected in regular publishing content that presented a friendly and approachable persona. The third one was hyper-personal communication, where Widi Hartono argued that communication carried out using social media and face-to-face is identical, depending on the individual's personality and the context in which the message is conveyed. In conclusion, the strategy analysis for using Instagram by @widyhartono was to provide information that is more enjoyable and easier for the audience to understand, to approach the audience on social media so that they don't get bored, and to stay consistent in publishing and following a specific schedule for the content to be published.
Pemberdayaan UMKM Desa Rasau Jaya Tiga Melalui Penguatan Branding Digital dan Pemasaran Media Sosial Suryana, Refa; Setiawan, Harry; Safitri, Cindy; Alfiyatunnufus, Dian; Sandrina , Fidela; Harahap, Avelisa
Joong-Ki : Jurnal Pengabdian Masyarakat Vol. 5 No. 2: Februari 2026
Publisher : CV. Ulil Albab Corp

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56799/joongki.v5i2.12344

Abstract

Pelaku UMKM di Desa Rasau Jaya Tiga menghadapi permasalahan dalam pengelolaan administrasi yang belum tertata rapi, strategi branding yang belum terbangun secara kuat, serta pemanfaatan media digital yang masih minim. Aspek ketiga tersebut yaitu keuangan, branding, dan pemasaran digital menjadi pilar utama yang jika salah satunya rapuh, maka kelangsungan usaha akan terancam. Topik ini dipilih karena pentingnya adaptasi UMKM terhadap teknologi pemasaran digital di era modern untuk meningkatkan daya saing dan memperluas jangkauan pasar. Tujuan pengabdian ini adalah membekali pelaku UMKM dengan keterampilan pengelolaan identitas visual dan pemasaran media sosial secara konsisten dan profesional. Metode yang digunakan adalah Community Based Participatory Research (CBPR) dengan melibatkan dua mitra UMKM yaitu Kelompok UMKM Sumber Rezeki dan UMKM Manggaleng selama 3 minggu (7-31 Juli 2025). Kegiatan meliputi empat tahap: kunjungan dan wawancara, perancangan logo dan kop surat, pelatihan Canva dan media sosial, serta monitoring dan evaluasi. Hasil program menunjukkan peningkatan keterampilan pelaku UMKM dalam memanfaatkan media sosial sebagai media promosi, kemampuan menghasilkan konten visual profesional menggunakan Canva, serta penerapan pencatatan keuangan sederhana. Program berhasil meningkatkan profesionalisme pengelolaan usaha dan memperluas jangkauan pasar UMKM, sehingga mendorong keinginan dan daya saing usaha di era digital.
The Influence of Green Intellectual Capital and Green Innovation in Improving Financial Stability Maharani, Puspita; Setiawan, Harry; Syahputri, Anggraini; Malini, Helma; Azazi, Anwar
Krisnadwipayana International Journal of Management Studies Vol 4 No 2 (2024): Krisnadwipayana International Journal of Management Studies
Publisher : Program Studi Magister Manajemen Universitas Krisnadwipayana

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Abstract

This research aims to understand how Green Innovation and Green Intellectual Capital contribute to the improvement of Financial Stability in consumer goods manufacturing companies listed on the Indonesia Stock Exchange, as well as to explore how Corporate Social Responsibility (CSR) acts as a moderating variable between independent variables and financial stability.The study makes use of SPSS software and the Moderated Regression analysis (MRA) techniques. The 104 companies that made up the research sample received cecondary data from financial and sustainability reports consumer goods industry manufacturing companies during 2021- 2023 period. These findings prove that financial stability is negatively influenced by green innovation, but positively Green Intellectual Capital (GIC). Impact of Green Innovation and Green Intellectual Capital (GIC) on increasing financial stability has not yet been demonstrated to be moderated by Corporate Social Responsibility (CSR).
PENGARUH ELECTRONIC WORD OF MOUTH DAN PRODUCT QUALITY TERHADAP PURCHASE DECISION SEPATU AEROSTREET DENGAN BRAND IMAGE SEBAGAI VARIABEL MEDIASI Saputra, Maulid Tommy; Purmono, Bintoro Bagus; Jaya, Arman; Afifah, Nur; Setiawan, Harry
Al-Idarah Vol 6 No 2 (2025): Al-Idarah : Jurnal Manajemen dan Bisnis Islam
Publisher : Fakultas Syariah dan Ekonomi Islam Universitas Ibrahimy

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35316/idarah.2025.v6i2.219-138

Abstract

This study aims to examine the influence of electronic word of mouth and product quality on purchase decisions, with brand image as a mediating variable, in the context of Aerostreet shoe products. A quantitative approach was employed using purposive sampling, with a total of 231 respondents. Data were analyzed using SmartPLS version 4 with the Partial Least Squares Structural Equation Modeling (PLS-SEM) method. The results show that electronic word of mouth and product quality have a direct effect on both brand image and purchase decisions. Furthermore, brand image has a significant influence on purchase decisions. Additionally, electronic word of mouth and product quality indirectly affect purchase decisions through brand image. These findings highlight the important role of digital communication and product quality in shaping brand image and influencing consumer purchasing decisions, particularly for local brands such as Aerostreet.
PENGARUH CAFE ATMOSPHERE DAN FOOD QUALITY TERHADAP REVISIT INTENTION DENGAN CUSTOMER SATISFACTION SEBAGAI VARIABEL MEDIASI DI KOPI JANJI JIWA INDONESIA Hazlirahman, Fajar; Kalis, Maria Christiana Iman; Purmono, Bintoro Bagus; Afifah, Nur; Setiawan, Harry
Al-Idarah Vol 6 No 2 (2025): Al-Idarah : Jurnal Manajemen dan Bisnis Islam
Publisher : Fakultas Syariah dan Ekonomi Islam Universitas Ibrahimy

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35316/idarah.2025.v6i2.201-218

Abstract

This study contributes to examining the influence of cafe atmosphere and food quality on revisit intention, with customer satisfaction as a mediating variable at Kopi Janji Jiwa. A quantitative method was employed using purposive sampling, involving 273 respondents. Data were analyzed using SmartPLS 4 with the Partial Least Squares Structural Equation Modeling (PLS-SEM) approach. The hypothesis testing revealed that both cafe atmosphere and food quality significantly affect customer satisfaction. Furthermore, food quality and satisfaction directly influence revisit intention. However, cafe atmosphere does not have a direct impact on revisit intention but shows an indirect effect through customer satisfaction. These findings emphasize that food quality and cafe atmosphere play a crucial role in shaping customer satisfaction, which in turn drives revisit intention. Although cafe atmosphere was not found to have a direct effect, its influence becomes significant when customers are satisfied.This study contributes to examining the influence of cafe atmosphere and food quality on revisit intention, with customer satisfaction as a mediating variable at Kopi Janji Jiwa. A quantitative method was employed using purposive sampling, involving 273 respondents. Data were analyzed using SmartPLS 4 with the Partial Least Squares Structural Equation Modeling (PLS-SEM) approach. The hypothesis testing revealed that both cafe atmosphere and food quality significantly affect customer satisfaction. Furthermore, food quality and satisfaction directly influence revisit intention. However, cafe atmosphere does not have a direct impact on revisit intention but shows an indirect effect through customer satisfaction. These findings emphasize that food quality and cafe atmosphere play a crucial role in shaping customer satisfaction, which in turn drives revisit intention. Although cafe atmosphere was not found to have a direct effect, its influence becomes significant when customers are satisfied.
Co-Authors Adinda Purnama Sari Agnes Agnes Ahmad Shalahuddin, Ahmad Aji Sapta Ridho Akhmad Yani Alfiyatunnufus, Dian Ana Fitriana Ana Fitriana Andika, Wahyu Andry, Johannes Fernandes Anwar Azazi ARDIANSYAH ARDIANSYAH Ardion, Ardion Arfita Yuana Dewi Arielsandy, Elvien Arman Jaya Audisty Prana Hardayu Avelisa Harahap Ayu Umyana Azamahir, Muhammad Nabil Barkah Barkah Barkah Barkah, Barkah Bintoro Bagus Purmono Burhan Chamisyahuri, Chamisyahuri Cindy Safitri Damsar Daud, Ilzar Depandi Enda Dian Alfiyatunnufus Dinhida Efa Irdhayanti Eka Fitri Qurniawati Ema Trisnawati Erna Listiana Fahruna, Yulyanti Fidela Sandrina Firdaus, Angelika Fitria Lestari Pujiastuti Giriati, Giriati Grace, Michelle Gusti Hardiansyah Harahap, Avelisa Hasanudin Hasanudin Hasanudin Hazlirahman, Fajar Helma Malini Helma Malini, Helma Hendi Hadinata Wongso Hermawati, Yuni Hero, Eko Ikram Yakin Ilmi Farisi Khumaini Ilzar Daud Indrayani Irene, Novi Irfan Syahyudi Juniwati Juniwati Jusia Amanda Ginting Kalis, Maria Christiana Iman Kalista, Lola Khadijah Nurul Aini Latifah Latifah Maharani, Evita Maharani, Puspita Mandala, Miko Maria Christiana Iman Kalis Maulidia, Rahma Muammar Khaddafi Muhammad Afif Mustaruddin nesty eka listiyani Ngurah Suryantara, I Gusti Nur Afifah Nurrahim, Muhammad Fakhri Okta, Dilla Melinia Oprilyani, Adhinda Dwi Pangestu, Adjie Purmono , Bintoro Bagus Purmono, Bintoro Bagus Putri, Indah Mardini Putri, Shafira Ananda Rafles Ginting Ramadania Ramadania Ramadhan Tosepu Refa Suryana Rivelino, Nicholas Safitri, Cindy Safmi, Ima Kumala Sandrina , Fidela Saputra, Maulid Tommy Sepannur Bandri Simatupang, Ervina C.M. Sujatmiko, Ary Suryana, Refa Syahputri, Anggraini Theresa, Erica Titik Rosnani Tri Wiyono Kurnianto Violin Waldi Wendy Wenny Pebrianti Wulandari, Sukma Yuyun, Yuyun