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Governance, Capital Structure, and Company Performance of Property and Real Estate Companies Tasman, Abel; Oktari, Indria; Lukman, Syukri
Jurnal Ekonomika Dan Bisnis (JEBS) Vol. 5 No. 2 (2025): Maret - April
Publisher : CV. ITTC INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47233/jebs.v5i2.2734

Abstract

This research examines the influence of board size, audit committee, female directorship, and capital structure on company performance for property and real estate sector companies listed on the Indonesia Stock Exchange. Meanwhile, the sample in this research was determined using a purposive sampling method, namely property and real estate sector companies for five consecutive years from 2019-2023, resulting in a total sample of 44 companies with 220 observation data. The data analysis method uses panel data regression. The research results show that board size has a significant positive effect on company performance. The audit committee has an insignificant negative impact on company performance. Female direct rosehip has a significant positive effect on company performance. Capital structure has an insignificant negative impact on company performance. Simultaneously the variables of board size, audit committee, female directorship, and capital structure have a significant effect on company performance.
An Analysis of Investment Decisions among Gen Z: Examining the Influence of Risk Perception, Religiosity, and Overconfidence Tasman, Abel; Lukman, Syukri; Husni, Tafdil; Rahim, Rida; Alfarisi, Mohamad Fany
Jurnal Ekonomika Dan Bisnis (JEBS) Vol. 4 No. 3 (2024): Mei - Juni
Publisher : CV. ITTC INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47233/jebs.v4i2.1645

Abstract

The purpose of this research is to analyze the factors that influence the investment decisions of Generation Z in Padang City. Specifically, the study aims to investigate the impact of risk perception, religiosity, and overconfidence on investment decisions. The research method used is causative research, with a sample of 96 respondents from Padang City, who were selected using a purposive sampling method. The data was collected using a questionnaire and analyzed using multiple regression analysis with SPSS. The results of the study indicate that risk perception has a significant positive effect on investment decisions among Generation Z in Padang City. However, the study found no significant positive effect of religiosity or overconfidence on investment decisions
Does ESG Disclosure Affect Profitability? Evidence from Shariah-Compliant Firms in Indonesia and Malaysia : Does ESG Disclosure Affect Profitability? Evidence from Shariah-Compliant Firms in Indonesia and Malaysia Desyetti; Lukman, Syukri; Rahim, Rida; Adrianto, Fajri
JURNAL MANAJEMEN UNIVERSITAS BUNG HATTA Vol 20 No 2 (2025): Jurnal Manajemen Universitas Bung Hatta
Publisher : Management Department, Faculty of Economics and Business, Universitas Bung Hatta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37301/jmubh.v20i2.28076

Abstract

Sustainability issues and the implementation of Environmental, Social, and Governance (ESG) disclosure have become a major focus in the global business environment, including among Shariah-compliant firms. Although many firms have adopted sustainability initiatives, the contribution of ESG disclosure to financial performance remains debated. This study aims to examine the effect of ESG disclosure on the profitability of Shariah-compliant firms in Indonesia and Malaysia. Leverage, earnings management, and firm size are included as control variables. The sample consists of Shariah-compliant firms listed on the Indonesia Stock Exchange and Bursa Malaysia over a specified observation period. The analysis employs multiple regression using a random effect model approach. The findings reveal that, overall, ESG disclosure negatively affects profitability in both the combined sample of Indonesia and Malaysia and the Indonesian sample individually. In contrast, among Shariah-compliant firms in Malaysia, ESG disclosure does not have a significant impact on profitability, whereas earnings management shows a positive effect. These results highlight the need to enhance the substance of sustainability disclosures to better support financial value creation. This study contributes to the extension of agency theory and signaling theory within the context of Shariah-compliant businesses and opens avenues for future research on strengthening governance practices based on Islamic ethical values.
Strategi Blue Ocean Untuk Menumbuhkan Aliran Pendapatan Baru PT Semen Padang Dengan Bisnis Binder Clay Menggunakan Model Bisnis Canvas Dan Analisis Swot Nasution, Akhmayanda; Lukman, Syukri; Adrianto, Fajri
Jurnal Economic Resource Vol. 8 No. 2 (2025): September - February
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v8i2.1838

Abstract

Penelitian ini menganalisis strategi blue ocean untuk menumbuhkan aliran pendapatan baru bagi PT Semen Padang melalui pengembangan bisnis binder clay. Industri semen nasional saat ini menghadapi tantangan oversupply yang signifikan, menyebabkan penurunan pangsa pasar PT Semen Padang. Oleh karena itu, diversifikasi bisnis menjadi krusial. Studi ini menggunakan pendekatan kualitatif dengan metode studi kasus, melibatkan wawancara mendalam dengan enam (6) informan kunci dari Departemen Bisnis Inkubasi Non-Semen (BINS) PT Semen Padang. Data yang terkumpul dianalisis menggunakan matriks Internal Factor Evaluation (IFE) dengan perolehan nilai (2,34) dan External Factor Evaluation (EFE) dengan perolehan nilai (2,14) untuk mengidentifikasi kekuatan, kelemahan, peluang, dan ancaman, yang kemudian dipetakan ke dalam elemen-elemen Model Bisnis Kanvas. Hasil analisis menunjukkan bahwa bisnis binder clay  PT Semen Padang berada pada kuadran (V) Hold and Maintain dalam matriks Internal-Eksternal (IE). Kekuatan utama meliputi kualitas produk unggul, ketersediaan bahan baku melimpah, dan kapasitas produksi besar. Namun, kelemahan seperti ketergantungan pada satu pelanggan utama dan kendala logistik perlu diatasi. Strategi blue ocean yang diusulkan berfokus pada penciptaan pasar baru yang belum tersentuh pesaing (misalnya, industri pupuk NPK selain Pusri, industri kertas, dan CaCO₃) melalui inovasi nilai, yaitu meningkatkan nilai bagi pelanggan (kualitas stabil, suplai terjamin) sambil mengelola biaya (efisiensi operasional). Implementasi strategi ini diharapkan dapat meningkatkan kinerja perusahaan dengan mendiversifikasi portofolio bisnis, mengurangi risiko oversupply di industri semen, dan menciptakan pertumbuhan berkelanjutan.
Pengaruh Job Demand Terhadap Psychological Wellbeing dengan Burnout Sebagai Variabel Mediasi: Studi Kasus Pada Karyawan Pabrik PT. Semen Padang Ikhlas, Muhammad; Lukman, Syukri; Rivai, Harif Amali
Paradoks : Jurnal Ilmu Ekonomi Vol. 8 No. 4 (2025): Agustus - Oktober
Publisher : Fakultas Ekonomi, Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/paradoks.v8i4.1805

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh job demand (JD) terhadap psychological wellbeing (PWB) dengan burnout (BO) sebagai variabel mediasi pada karyawan PT Semen Padang. Latar belakang didasarkan pada tingginya tuntutan kerja di industri manufaktur yang berpotensi menurunkan kesejahteraan psikologis karyawan. Penelitian menggunakan pendekatan kuantitatif dengan metode survei melalui kuesioner yang disebarkan kepada 247 responden. Data dianalisis menggunakan Structural Equation Modeling (SEM) berbasis Partial Least Squares (PLS). Hasil penelitian menunjukkan bahwa JD tidak berpengaruh langsung signifikan terhadap PWB, namun berpengaruh positif dan signifikan terhadap BO. BO sendiri berpengaruh negatif dan signifikan terhadap PWB, serta berperan sebagai mediator penuh dalam hubungan antara JD dan PWB. Implikasi penelitian menekankan pentingnya manajemen JD dan intervensi BO untuk meningkatkan kesejahteraan psikologis karyawan di lingkungan industri yang menuntut.
Tax Avoidance on Institutional Ownership: Case Study of Banking Companies in Indonesian Capital Market Reswita, Yefri; Lukman, Syukri; Febrianto, Rahmat; Adrianto, Fajri
JURNAL MANAJEMEN UNIVERSITAS BUNG HATTA Vol 19 No 2 (2024): Jurnal Manajemen Universitas Bung Hatta
Publisher : Management Department, Faculty of Economics and Business, Universitas Bung Hatta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37301/jmubh.v19i2.25523

Abstract

One of the causes of tax avoidance actions is influenced by corporate governance factors, including ownership structure. This study examines the relationship between institutional ownership structure and tax avoidance activities, with the moderating effect of independent directors. The research utilizes panel data from banking companies listed on the Indonesia Stock Exchange (IDX) from 2013 to 2022, totaling 430 firm-year observations. The estimation model employs Ordinary Least Square (OLS) approach. The results indicate that institutional ownership structure has a significant negative effect on tax avoidance actions. The moderating effect of independent directors does not have a significant influence on the relationship between institutional ownership structure and tax avoidance activities. Monitoring and internal control mechanisms are essential to mitigate actions detrimental to the interests of minority shareholders.
ANALISIS FAKTOR PENYEBAB PENDING CLAIM RAWAT INAP PASIEN JAMINAN KESEHATAN NASIONAL (JKN) DI RUMAH SAKIT UMUM PADANG Murni, Melia Rahmadewi; Lukman, Syukri; Putra, Ikhsan Yusda Prima; Semiarty, Rima
PREPOTIF : JURNAL KESEHATAN MASYARAKAT Vol. 8 No. 1 (2024): APRIL 2024
Publisher : Universitas Pahlawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/prepotif.v8i1.25673

Abstract

RSUP Dr. M Djamil merupakan RS tipe A sebagai faskes rujukan tingkat lanjut di wilayah Sumatera Barat, yang mengakibatkan jumlah klaim rawat inap per bulannya lebih tinggi dibandingkan RS lain di daerah tersebut. Berdasarkan studi dokumentasi yang dilakukan pada periode Bulan Januari hingga Juni 2022 di bagian Keuangan RSUP Dr. M. Djamil Padang, terlihat bahwa persentase pending berkas klaim cenderung meningkat dalam enam bulan terakhir. Penelitian ini bertujuan Mengeksplorasi faktor yang menyebabkan pending claim JKN rawat inap di RSUP Dr. M. Djamil Padang. Penelitian ini menggunakan pendekatan kualitatif dengan mengumpulkan data melalui wawancara mendalam, observasi, dan telaah dokumen. Analisis data dilakukan melalui tahapan triangulasi sumber dan metode. Hasil penelitian menunjukkan bahwa pengisian resume medis yang tidak lengkap disebabkan oleh kesibukan DPJP, dan terkadang diisi oleh residen tanpa supervisi dari DPJP. Selain itu, ketidaksesuaian kode diagnosis dan prosedur terjadi karena koder dalam proses kodifikasi menggunakan ICD10 Volume 3 yang tidak merujuk ke volume 1, dan proses kodifikasi didasarkan pada hafalan. Selain itu, ketidakkelengkapan berkas administrasi klaim disebabkan oleh proses pengumpulan dan scanning berkas, pemberkasan yang masih dilakukan secara manual, serta ketidaktepatan verifikator dan perbedaan persepsi antara verifikator internal dan verifikator BPJS. Diharapkan manajemen Rumah Sakit melakukan pemantauan dan evaluasi berkala terhadap berkas klaim yang tertunda untuk mencegah terjadinya kesalahan berulang.
Wakaf Tunai: Strategi dan Tantangan di Ranah Minangkabau Gustina, Gustina; Lukman, Syukri; Sakti, Muhammad Rizki Prima; Alfarisi, Mohammad Fany
Jurnal Ilmiah Ekonomi Islam Vol. 10 No. 2 (2024): JIEI : Vol.10, No.2, 2024
Publisher : ITB AAS INDONESIA Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jiei.v10i2.13118

Abstract

The endowment of money or cash waqaf has the potential to significantly improve the welfare of the community in the Minangkabau region, both socially and economically. This includes areas such as education, health, and poverty alleviation. However, there are several challenges that need to be addressed to achieve maximum effectiveness. The aim of this research is to assess the feasibility of cash waqaf and the challenges it poses through qualitative research. Data collection is conducted through structured interviews with various informants, including BWI (Badan Wakaf Indonesia), nadzir (endowment managers/institutions), wakif (endowment donors), and religious leaders. The expected outcome of this research is to identify strategies and solutions to overcome the challenges faced in developing cash waqaf programs in the Minangkabau region, in accordance with the traditional philosophy of "Adat Basandi, Syarak, Syarak Basandi Kitabullah" (Customary law based on Islamic law, and Islamic law based on the Qur'an).
ENTREPRENEURSHIP ORIENTATION AND BUSINESS PERFORMANCE: THE ROLE OF GOVERNMENT SUPPORT AS MODERATION (In Gen Z as Culinary Serving MSME Actors in Padang City) Saputra, syailendra Eka; Lukman, Syukri; Hamidi, Masyhuri; Rahim, Rida; Adrianto, Fajri
JURNAL ECONOMICA : Research of Economic And Economic Education Vol 12, No 2 (2024): Economica: Journal Of Economic And Economic Education
Publisher : Economic Education Faculty of Economics and Business Universitas PGRI Sumatera Barat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22202/economica.2024.v12.i2.7003

Abstract

This study aims to empirically prove the effect of entrepreneurial orientation and government support on culinary MSME business performance in Padang City. In addition, this research also aims to prove the role of government support to strengthen the relationship between entrepreneurial orientation and culinary MSME business performance in Padang City. In this research, as many as 120 culinary actors managed by gen Z or business actors aged between 16 and 23 years were used at this time. Data collection was carried out through distributing questionnaires. The data analysis method used is quantitative by using path analysis. The results of testing the hypothesis found that entrepreneurial orientation will encourage increased culinary MSME business performance managed by gen Z in Padang City. The research results obtained also found that government support in the form of financial or non-financial has a strong influence on the performance of micro business businesses managed by gen Z in Padang City. Another finding obtained through our research is that government support moderates the relationship between entrepreneurial orientation and business performance. These findings show that the implementation of an entrepreneurial orientation will be carried out and on target if it gets financial or non-financial support from the government so that it can encourage increased business performance.