Article Per Year (5 Year)
p-Index From 2020 - 2025
8.116
P-Index
This Author published in this journals
All Journal HUMANIKA Jurnal Lahan Suboptimal SOROT: Jurnal Ilmu-ilmu Sosial Journal of Nonformal Education Jurnal Agribisnis Jurnal Ilmiah Pertanian Jurnal Penelitian Pertanian Terapan Journal of Geoscience, Engineering, Environment, and Technology Syntax Literate: Jurnal Ilmiah Indonesia Dinamisia: Jurnal Pengabdian Kepada Masyarakat Journal of Applied Agricultural Science and Technology Anuva: Jurnal Kajian Budaya, Perpustakaan, dan Informasi JURNAL ILMIAH MAHASISWA AGROINFO GALUH Unri Conference Series: Agriculture and Food Security JURNAL ILMIAH M-PROGRESS Journal of Enterprise and Development (JED) Jurnal Ners Jurnal Infortech Journal of Computer Networks, Architecture and High Performance Computing International Journal of Community Service & Engagement Jurnal Alwatzikhoebillah : Kajian Islam, Pendidikan, Ekonomi, Humaniora Palimpsest: Jurnal Ilmu Informasi dan Perpustakaan Devotion: Journal of Research and Community Service Bima Journal : Business, Management and Accounting Journal eScience Humanity Journal Jurnal Agribis Indonesian Community Journal Jurnal Ekonomika Dan Bisnis Keizai Jurnal Ilmiah Pendidikan Dasar (JIPDAS) Jurnal Sehat Indonesia (JUSINDO) Jurnal Pengabdian Masyarakat Information Technology (JPM ITech) AGRIEKSTENSIA Dharma: Jurnal Pengabdian Masyarakat Publikasi Hasil Pengabdian Kepada Masyarakat. HUKMY : Jurnal Hukum INJURITY: Journal of Interdisciplinary Studies Journal of Artificial Intelligence and Digital Business MDP Student Conference Jurnal Pengabdian Masyarakat Waspada : Jurnal Wawasan Pengembangan Pendidikan Journal of Innovative and Creativity Yurijaya : Jurnal Ilmiah Hukum MARAS : Jurnal Penelitian Multidisplin Dinamika Pertanian COSMOS ZONA: Jurnal Pengabdian Masyarakat JIMMI: Jurnal Ilmiah Mahasiswa Multidisiplin Journal of Nonformal Education Jurnal Pengabdian Masyarakat Mentari J-CEKI Themis: Jurnal Ilmu Hukum Journal of Global Research in Public Health
Heriyanto Heriyanto
Program Studi Agribisnis, Fakultas Pertanian Universitas Islam Riau, Pekanbaru, Indonesia
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Biochemistry, Genetics & Molecular Biology Chemistry Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Dentistry Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Environmental Science Health Professions Immunology & microbiology Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Medicine & Pharmacology Nursing Physics Public Health Social Sciences Veterinary Other

Published : 71 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search
Journal : Journal of Enterprise and Development (JED)

 1 
What are the determinants of underpricing in Initial Public Offerings? Evidence from Indonesia Heriyanto, Heriyanto; Chen, Ming; Lyani, Erni
Journal of Enterprise and Development (JED) Vol. 5 No. Special-Issue-1 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

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

Abstract

Purpose — This study aims to investigate the impact of different variables, including firm size, underwriter reputation, firm age (representing asymmetric information), board ownership, institutional ownership (representing ownership structure), industry sector (financial or non-financial), and ownership status (state-owned or non-state-owned enterprises) on the initial return, which serves as a measure of underpricing level.Method — We focus on companies that underwent initial public offerings (IPOs) between 2010 and 2019. For our study, we selected a sample of 261 firms using the purposive sampling technique. To analyze the data, we employed a multiple linear regression model and utilized SPSS as a testing tool.Result — Based on our research findings, we have identified that firm size, underwriter reputation, and institutional ownership significantly affect the level of underpricing. However, we found no evidence to suggest that factors such as company age, board ownership, industry sector, or ownership status have any impact on the underpricing level. Our results support the notion that asymmetric information plays a crucial role in explaining the observed underpricing phenomenon in IPOs, while industry type and ownership structure do not contribute to its explanation.Contribution — This study makes a valuable contribution to the existing research on IPO underpricing in Indonesia. It stands out by employing a comparatively long research period and incorporating not only variables that address asymmetric information but also variables pertaining to governance mechanisms, specifically board ownership and institutional ownership.
CEO characteristics and corporate debt: An in-depth analysis in the Indonesian context Heriyanto, Heriyanto
Journal of Enterprise and Development (JED) Vol. 6 No. 1 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i1.8940

Abstract

Purpose — This study aims to investigate differences in debt policies among companies listed on the Indonesia Stock Exchange, with a focus on gender and CEO tenure.Method — This research was carried out on non-financial companies listed on the Indonesia Stock Exchange from 2013 to 2022. The sampling method employed in this study was a purposive sampling approach. The initial sample comprised 86 companies, and the final sample consisted of 65 companies, yielding a total of 650 observations. The data analysis technique utilized in this study is the independent difference test, employing a nonparametric approach through the Mann-Whitney test.Result — This study revealed significant disparities in debt policies among companies listed on the Indonesia Stock Exchange, depending on the gender of the CEO. Specifically, male CEOs demonstrated a propensity to employ higher levels of debt compared to their female counterparts. Conversely, with regard to CEO tenure within the company, no significant difference was observed in relation to the company's debt policy.Novelty  — The novelty of this research lies in its emphasis on the importance of examining the gender and tenure of CEOs concerning the company's debt levels. The extended research period contributes a unique element by providing a more comprehensive perspective, and this is particularly noteworthy in the context of Indonesian studies, which have been relatively scarce and have yielded mixed results.
The Moderating Role of CEO Characteristics in the Relationship between Financial Conditions and Corporate Debt Policy Heriyanto, Heriyanto; Febriany, Novita; Engel, Mischella
Journal of Enterprise and Development (JED) Vol. 7 No. 2 (2025)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v7i2.14036

Abstract

Purpose: This study investigates the influence of firm financial characteristics—reflecting asymmetric information—on corporate debt policy, while also examining the moderating role of CEO characteristics within the framework of upper echelon theory.Method: The sample consists of 60 non-financial firms listed on the Indonesia Stock Exchange (IDX) during 2013–2022, selected through purposive sampling. Panel data regression analysis with moderating variables was employed to assess how CEO characteristics interact with internal financial indicators.Result: Results show that liquidity (current ratio) and profitability (return on equity) have a significant negative effect on companies’ debt-to-equity ratio, indicating that more liquid and profitable firms rely less on external debt. Tangible assets do not significantly influence debt-to-equity ratio. Among CEO characteristics, only tenure significantly moderates the relationship between profitability and debt-to-equity ratio, highlighting the strategic role of experienced CEOs in financing decisions.Practical Implications for Economic Growth and Development: The findings suggest that capital structure decisions are shaped jointly by internal financial conditions and leadership traits. Firms with stable financial profiles, guided by experienced CEOs, are more likely to establish optimal debt policies, enhancing resilience during economic shocks, safeguarding employment, and improving competitiveness—ultimately supporting broader economic growth.Originality/Value: This study contributes by integrating asymmetric information theory and upper echelon theory into a unified analytical model. By revealing how CEO characteristics moderate the impact of financial conditions on debt policy, it offers deeper insight into the complex dynamics of strategic financing decisions.
Co-Authors Aditya, Stefanus Afrizal, Jemmy Rivaldo Al Fauzan, Muhammad Alfian Fawzi Alfiki, Rozi Ali muhajir, Ali Anastasia Sri Mendari Anjani, Mutiara Putri Annisa Khoiriyah Anwar, La Ode Muhamad Arief Wahyudi, Hajry Ariesta, Wiwin ASRIL ASRIL Asrol Asrol Asrol Asrol Asrol Asrol Asrol Asrol Asrol Asrol Asrol Asrol Asrol Azhar, Zahroel Azmansyah Budi Mulianto Catur Kumala Dewi Christabel, Maria Dairani, Dairani Damero, Lian Darus Darus Darwin Darwin Detri Karya Detri Karya Detri Karya Detri Karya Dinda Julia, Alla Asmara Djaimi Bakce Djaimi Bakce DTW, Joehanto Dyah Ayu Irawati, Dyah Ayu Edi Sably Elfi Rahmadani dan Penti Suryani Elinur Elinur Elinur, Elinur Engel, Mischella Erma Mexcorry Sumbayak Evi Yanti Evy Maharani F. Fathurrahman Fachri Amsury Fathorrohman, Fathorrohman Fathurrahman Febriany, Novita Fitri Perdana, Fitri Gusfin Wahyudi H. Mukran Roni, H. Mukran Hajry Arief Wahyudy Hajry Arief Wahyudy Halilintar, Muhamad Haqqul Yaqin Hartono, Octavian HENDRA GUNAWAN B11211055 Hendrawan, Yoni Heni Susanti, Heni Hindriani, Septria Hofi, Moh. Ali Ika Kurniawati ILMA SATRIANA DEWI Imam Nazarudin Latif Indriani, Silvia Indriawati, Novia Iwan Setiawan Joko Saputra Kang, Hari Iskandar Karya, Detri Khairizal Khairizal Kundori Kurnia, Deby Kurniadi Kurniadi, Kurniadi Kurnianto, Dian Lyani, Erni Mainan, Cut Mamok Suprapto Manahan, Olven Marcel Antoni Mardiana Mardiana Marlina, Sherly Masrek, Mohamad Noorman Maulina, Mia Meida Rachmawati Melita, Dina Ming Chen Muhammad Syafii Mukhsinin, Iqbal Muttaqien, Adi Yusuf Nadhilah, Faiza Putri Nazaruddin, Saiful Ningsih, Very Yarda Novan Wijaya Noviansyah Noviansyah, Noviansyah Novita Ana Anggraini Noviyanto Noviyanto Noviyanto Nurfitriani Nurfitriani Nursamsul Kustiawan Pamungkas, Gerin Harya Prastyo, Yudo Putranto, Yohanes Andri Rafli, Dwi Yusuf Rizki Fahdia, Muhammad Rizki Nurislaminingsih, Rizki Rosdiana Rosdiana Rostina Rostina Sabeli Aliya Salmita Salman Setiawan, Zhoga Simin Simin, Simin Slamet Riyadi Solihin, Danna Sri Wahyuningsih Sudiansyah, Sudiansyah Sudrajat Sudrajat Sunarto Sunarto Suramaya Suci Kewal Suryati, Nila Suwantono, Edwin Syarif, Amirudin Tanto Tanto Tarigan, Reinha Rosari Melinda Taufiq Taufiq Tiara, Sinsi Tiggi Choanji Tiggi Choanji, Tiggi Titin Ruliana Trisninawati, Trisninawati Umi Kulsum Wahyuni, Nenny Wati, Bungsu Widias Wayuanto , Eko Widyartono, Agustinus Winarno, Ronny Xaverius, Franciscus Yanti, Mauliani Harva Yochanan, Elisha Yuda, Dwi Yulfarikaini, Yulfarikaini Yuli Fauziah Yunus, Ahmad Yusmini Yusramizza, Yusramizza Zubairi, Ahmad Ihzul