Claim Missing Document
Check
Articles

Found 20 Documents
Search

An Analysis Of Firm-Specific, Industry Specific, And Macroeconomic Determinants Influencing Bank Profitability In Indonesia Handriani, Eka; Anggara, Sebastian Billy
JURNAL STUDI MANAJEMEN ORGANISASI Vol 22, No 1 (2025)
Publisher : Faculty of Economics and Business | Universitas Diponegoro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14710/jsmo.v22i1.72650

Abstract

In this study, we examine the key determinants of bank profitability in Indonesia over the period 2013-2021. The research categorizes the factors influencing bank profitability into two broad groups: bank-specific (internal) factors and industry- and macroeconomic-specific (external) factors. The empirical findings of this study reveal that several internal and external factors significantly influence bank profitability in Indonesia. First, bank size demonstrates a significant positive effect on financial performance, as indicated by a t-value of 2.93. Larger banks tend to benefit from economies of scale, operational efficiency, and broader market access, enabling them to enhance profitability. Capital adequacy also shows a significant positive relationship with profitability t-value 2.72, reflecting that well-capitalized banks are better equipped to absorb risk, support asset growth, and maintain investor confidence. In contrast, credit risk does not exhibit a statistically significant impact on profitability t-value 1.39. This may be due to improved risk management practices, portfolio diversification, and regulatory support, which mitigate the effect of credit defaults on financial outcomes. The study also finds strong support for the role of management efficiency, with a significant t-value of 2.24. Efficient banks can reduce operational costs, allocate resources strategically, and respond effectively to market changes. However, market concentration does not appear to positively affect profitability t-value -1.63, possibly due to complacency, regulatory burdens, and reduced competition in highly concentrated markets. Regarding macroeconomic variables, inflation shows a negative but statistically weak relationship with bank profitability t-value -1.08, indicating potential erosion of income through increased costs and credit risk. Lastly, economic growth exerts a significant positive influence t-value 2.08, reinforcing the notion that expanding economic activity enhances loan demand, improves asset quality, and supports banking sector performance.
Determinant of profitability Islamic banks Handriani, Eka
JPS (Jurnal Perbankan Syariah) Vol 6 No 1 (2025): JPS (Jurnal Perbankan Syariah) - April
Publisher : LPPM ISNJ Bengkalis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46367/jps.v6i1.2373

Abstract

Purpose – This study empirically investigates the key determinants of profitability among Islamic banks (ISBs) in Indonesia. The analysis incorporates several critical variables: bank size, liquidity, tangible assets, non-debt tax shields, growth, and bank age. Method – The sample comprises 65 financial statements and annual reports from 13 Islamic banks operating in Indonesia from 2019–2022. Data were analyzed using LISREL, employing structural equation modelling to examine the relationships among variables. The empirical findings indicate that bank size exerts a positive and statistically significant effect on profitability. Likewise, both asset structure and bank age are positively associated with improved financial performance. Conversely, bank growth and the financing-to-deposit ratio (FDR) exhibit negative but statistically insignificant effects, suggesting these variables have only a marginal influence on profitability within the context of this model. Findings – The results imply that fluctuations in FDR, whether upward or downward, do not directly contribute to meaningful changes in earnings. Instead, other internal factors appear to play a more substantial role in shaping the profitability of ISBs. Implications – Consistent with signaling theory, enhancing profitability may serve as strategic signals to investors, indicating sound management quality and promising prospects. This perceived strength encourages greater investor confidence, increasing third-party funds and capital inflows, thereby expanding financing capacity and revenue generation within Islamic banks.
Meningkatkan Wawasan Kebangsaan Melalui Pengenalan Warisan Budaya dan Permainan Tradisional Jawa Tengah di Sanggar Bimbingan Sungai Mulia 5 Kuala Lumpur-Malaysia: Enhancing National Awareness Through the Introduction of Central Javanese Cultural Heritage and Traditional Games in Sungai Mulia 5 Kuala Lumpur-Malaysia Aprilia, Rennanti Lunnadiyah; Satibi, Imam; Hermawan, Risdianto; Maemunah, Titi; Priyanto, Eko; Sukawi, Zaenal; Irianto, Heru; Khoiri, Ahmad; Affandi, Achmad; Sejati, Hono; Handriani, Eka; Sutomo, Sutomo; Legowo, Yogi Ageng Sri; Hafni, Nurlaili Dina
PengabdianMu: Jurnal Ilmiah Pengabdian kepada Masyarakat Vol. 10 No. 5 (2025): PengabdianMu: Jurnal Ilmiah Pengabdian kepada Masyarakat
Publisher : Institute for Research and Community Services Universitas Muhammadiyah Palangkaraya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33084/pengabdianmu.v10i5.9283

Abstract

In the era of globalization, national identity poses a unique challenge, particularly for Indonesian diaspora children living far from their homeland. The children at Sanggar Bimbingan Sungai Mulia 5 (SB SM 5) in Kuala Lumpur, Malaysia, are mostly migrant children growing up in environments with minimal exposure to Indonesian culture. This condition risks weakening their emotional connection to national identity and the cultural heritage of Nusantara. This international community service program aims to enhance the national awareness of children aged 10–14 years at SB SM 5 by introducing the cultural heritage of Borobudur Temple as a symbol of national civilization and traditional Javanese games such as cublak-cublak suweng. The methods used include participatory approaches, edutainment, and experiential learning, designed to create an interactive and enjoyable learning experience. The children participated in activities such as visual presentations, storytelling, hands-on traditional games, and reflections on national values. The results demonstrated an increase in knowledge about Borobudur from 10% to 90% and a high level of enthusiasm for traditional games. The children not only gained an understanding of Indonesian culture but also felt a sense of pride and emotional closeness to their homeland. As a follow-up, plans include the development of digital modules, regular cultural classes, and collaboration with diaspora communities to ensure the sustainability of this program. This initiative successfully established an emotional connection between diaspora children and Indonesia's cultural identity, making it a model applicable to other diaspora communities
Corporate Finance and Firm Value in The Indonesian Manufacturing Companies Handriani, Eka; Robiyanto, Robiyanto
International Research Journal of Business Studies Vol. 11 No. 2 (2018): August-November 2018
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.11.2.113-127

Abstract

This study examines the impact of dividend policy, investment decision, and funding policy on firm value in the Indonesian manufacturing companies. This study was conducted by using 178 manufacturing companies listed in the Indonesia Stock Exchange (IDX) during the period 2009 - 2016. Samples were taken by using a purposive sampling method. This study aims to examine the firm value’s main determinants of the manufacturing companies in Indonesia based on basic theory of capital structure through building theoretical model. Partial Least Square through path analysis was used to analyze the data. The findings shows that dividend policy, investment decision, and funding policy have a positive impact on the Indonesian manufacturing companies’ firm value. This study supports the theory of pecking order and agency theory.
PENGARUH FUNDAMENTAL PERUSAHAAN SEBELUM DAN SAAT PANDEMI COVID-19 TERHADAP RETURN SAHAM (STUDI KASUS JAKARTA ISLAMIC INDEKS 70 PERIODE 2018 - 2021) Janismukowati, Jelita; Rakhman, Muhammad Arif; Handriani, Eka
BISECER (Business Economic Entrepreneurship) Vol 8, No 2 (2025): Juli 2025
Publisher : Universitas Darul Ulum Islamic Centre Sudirman GUPPI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61689/bisecer.v8i2.757

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh fundamental terhadap return saham serta perbedaan return saham sebelum dan saat pandemi Covid-19 pada perusahaan yang terdaftar di Jakarta Islamic Indeks 70 periode 2018-2021. Penelitian ini menggunakan metode kuantitatif. Data yang digunakan adalah data sekunder yang diambil dari situs PT Bursa Efek Indonesia dan yahoo finance. Sampel dalam penelitian ini berjumlah 36 perusahaan yang ditentukan dengan teknik purposive sampling. Alat analisa yaitu software Eviews 12 dan SPSS 26. Teknik pengujian data yaitu uji asumsi klasik, uji korelasi sederhana dan berganda, uji regresi sederhana dan berganda. Untuk pengujian hipotesis menggunakan uji T, uji F, uji koefisien determinasi, dan uji beda. Hasil pengujian menunjukkan masing – masing variabel DER, ROE, ROA secara parsial tidak berpengaruh siginifikan terhadap return saham. Sedangkan secara simultan variabel DER, ROE, ROA tidak berpengaruh siginifikan terhadap return saham. Berdasarkan uji beda, menunjukkan hasil tidak terdapat perbedaan return saham sebelum dan saat pandemi Covid-19.Kata Kunci : DER, ROE, ROA, return saham, JII70, Covid-19.ABSTRACTThis study aims to determine the effect of fundamentals on stock returns and differences in stock returns before and during the Covid-19 pandemic for companies listed on the Jakarta Islamic Index 70 for the 2018-2021 period. This research uses quantitative methods. The data used is secondary data taken from the Indonesian Stock Exchange and yahoo finance websites. The sample in this study was 36 companies which were determined by purposive sampling technique. The analysis tools are Eviews 12 and SPSS 26 software. Data testing techniques are classic assumption tests, simple and multiple correlation tests, simple and multiple regression tests. To test the hypothesis using the T test, F test, test the coefficient of determination, and test the difference. The test results show that each variable DER, ROE, ROA partially has no significant effect on stock returns. While simultaneously the variables DER, ROE, ROA have no significant effect on stock returns. Based on different tests, the results showed that there was no difference in stock returns before and during the Covid-19 pandemic.Keywords : DER, ROE, ROA, stock returns, JII70, Covid-19.
PENGARUH SALES GROWTH, LEVERAGE, UKURAN PERUSAHAAN DAN PROFITABILITAS TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN INFRASTRUKTUR Febrian, Angelia Hany; Handriani, Eka; Rahayu, Sri
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 8 No 3 (2024): Edisi September - Desember 2024
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v8i3.4794

Abstract

Penelitian ini dilakukan guna membuktikan pengaruh empiris dari sales growth, leverage, ukuran perusahaan & profitabilitas terhadap financial distress. Populasi di kajian ini berjumlah 34 perusahaan bidang Infrastruktur yang tercantum di Bursa Efek Indonesia sepanjang 2018-2023. Adapun sampel yang terpakai sejumlah 204 data pengamatan. Analisis data pada kajian ini menerapkan program Eviwes versi 13. Hasil penelitian menggambarkan jika sales growth tidak berpengaruh tidak signifikan terhadap financial distress, leverage berpengaruh signifikan terhadap financial distress, ukuran perusahaan berpengaruh tidak signifkan terhadap financial distress sementara profitabilitas berpengaruh tidak signifikan terhadap financial distress.
PENGARUH STRUKTUR MODAL, PROFITABILITAS, DAN UKURAN PERUSAHAAN TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN DI INDONESIA Pujianingsih, Putri; Handriani, Eka; Rahayu, Sri
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 8 No 3 (2024): Edisi September - Desember 2024
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v8i3.4841

Abstract

Penelitian ini dilakukan untuk membuktikan pengaruh empiris dari struktur modal, profitabilitas dan ukuran perusahaan terhadap harga saham. Populasi dalam penelitian ini berjumlah 34 perusahaan sektor Perbankan yang terdaftar di Bursa Efek Indonesia periode 2019-2023. Sampel dalam penelitian berjumlah 170 data pengamatan. Data sekunder yang dipergunakan berasal dari www.idx.co.id. Dokumentasi serta studi literatur diterapkan sebagai metode pengumpulan data. Analisis data dalam penelitian ini menggunakan program Eviwes versi 13. Hasil penelitian menunjukkan bahwa struktur modal dan profitabilitas menyalurkan pengaruh signifikan terhadap harga saham. Ukuran perusahaan tidak menyalurkan pengaruh signifikan terhadap harga saham. Struktur modal, profitabilitas dan ukuran perusahaan secara simultan menyalurkan pengaruh terhadap harga saham.
The Effect of Innovational Performance on Determining Firm Value: Evidence from Indonesia Handriani, Eka
JDM (Jurnal Dinamika Manajemen) Vol 11, No 2 (2020): September 2020
Publisher : Department of Management, Faculty of Economics and Business, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jdm.v11i2.23915

Abstract

This study explores the most significant determinant of capital structure towards the value of manufacturing companies in Indonesia. Multiple regression models were used as statistical tools to investigate the most significant determinants of the firm value of manufacturing companies in Indonesia for a sample of 300 manufacturing firms listed on the Indonesia Stock Exchange. The results showed that profitability, company size, dividend, investment, and innovational performance were positively related to firm value. Debt was negatively related to firm value and dividend was an insignificant firm value determinant. Meanwhile, the influence of innovational performance variables mediating the effect of investment on firm value showed that the role of mediation innovational performance was able to increase the influence of total investment on firm value. Furthermore, empirical findings will help company managers to make decisions about the attempts to increase the firm value.
Analisis Faktor Daya Saing di Kabupaten Semarang Handriani, Eka
JDM (Jurnal Dinamika Manajemen) Vol 2, No 1 (2011): March 2011
Publisher : Department of Management, Faculty of Economics and Business, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jdm.v2i1.2484

Abstract

Jika perusahaan dapat mengoptimalkan penggunaan sumberdaya maka perusahaan mampu menghasilkan sustained competitive advantage. Tujuan dari penelitian ini adalah untuk membuktikan bahwa faktor internal dan eksternal, keterampilan pengusaha dan strategi yang diterapkan dalam UKM Kabupaten Semarang berpengaruh terhadap keunggulan kompetitif baik secara simultan dan parsial. Pengusaha mikro memiliki potensi besar dalam ekonomi nasional dan lokal sesuai dengan periode pasar bebas. Namun, etos dan persaingan masih dalam tingkat rendah. Penyebab utama dari masalah ini berasal dari faktor tenaga lingkungan, di antaranya adalah faktor internal dan eksternal keterampilan pengusaha, strategi, dan etos. Sebuah strategi yang akurat diperlukan untuk memecahkan masalah ini. Penelitian ini dilakukan pada 60 pengusaha mikro melalui empat variabel dependen dan satu variabel independen dengan menggunakan alat analisis statistik program SPSS. Hasilnya menunjukkan bahwa faktor internal dan eksternal, keterampilan pengusaha, strategi dan etos telah signifikan berpengaruh pada keunggulan kompetitif yang diterapkan oleh pengusaha mikro di Kabupaten Semarang secara parsial maupun simultan. The purpose of this research is to attest that internal and external factor, entrepreneur skill and strategy which applied in the UKM of Kabupaten Semarang are influence to the competitive advantage simultaneously and partially. Micro entrepreneur has great potency in the national and local economic according to this free market period. However, it is ethos and competition still in the low level. The main cause of this problem come up from environmental exertion factor, among them are internal and external factor the entrepreneur skill, strategy, and ethos. An accurate strategy is needed to solve this problem. This research has been done on 60 micro entrepreneurs through four dependent variables and one independent variable using to SPSS statistic program. The result shown that internal and external factor, entrepreneur skill, strategy and ethos has significant influenced on the competitive advantage that applied by the micro entrepreneur in Kabupaten Semarang partially or simultaneously.
Do Debtor's Business and Welfare Better? Study on Ultra Micro Financing Program in Indonesia Nurpramana, Dwitya; Gumanti, Tatang Ary; Safitri, Julia; Handriani, Eka
Indonesian Journal of Business Analytics Vol. 3 No. 6 (2023): December 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v3i6.6966

Abstract

Ultra Micro Financing is a government program that aims to improve the welfare of micro, small and medium businesses. This article aims to analyse the influence of Ultra Micro Financing on business and debtor welfare. There are 234 debtors as respondents. Analysis uses the Wilcoxon signed rank test. The variables for the debtor's business are business assets and business turnover, while debtor welfare are electricity costs and consumption expenditure. The results show that there has been an increase in the average debtor business as measured by business assets per year, increasing by 38.94% and business turnover per year increasing by 18.50%. Debtor welfare as measured by monthly electricity costs increased by 9.64% and per capita consumption expenditure per week increased by 12.50%.