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All Journal Dinamika Akuntansi Keuangan dan Perbankan Jurnal Ilmiah Telaah Manajemen ILMU KELAUTAN: Indonesian Journal of Marine Sciences Jurnal Ekonomi, Bisnis dan Kewirausahaan (JEBIK) Jurnal Gaussian Diponegoro Journal of Management Proceeding Fakultas Ekonomi Gema Stikubank E-Bisnis : Jurnal Ilmiah Ekonomi dan Bisnis JDM (Jurnal Dinamika Manajemen) Media Ekonomi dan Manajemen Students´ Journal of Accounting and Banking Students´ Journal of Economic and Management Journal of Economics, Business, & Accountancy Ventura Jurnal Penelitian Ekonomi dan Bisnis AKSES: Jurnal Ekonomi dan Bisnis Proceeding SENDI_U E-Dimas: Jurnal Pengabdian kepada Masyarakat Jurnal Akuntansi dan Pajak AFRE Accounting Financial Review AFEBI Management and Business Review Praxis : Jurnal Sains, Teknologi, Masyarakat dan Jejaring Jurnal Ekonomi, Manajemen Akuntansi dan Perpajakan (Jemap) International Journal of Social Science and Business Jurnal Riset Inspirasi Manajemen dan Kewirausahaan Aptisi Transactions on Technopreneurship (ATT) Jurnal Abdimas PHB : Jurnal Pengabdian Masyarakat Progresif Humanis Brainstorming Jurnal Ilmu Manajemen dan Akuntansi Terapan Jurnal Ilmiah Manajemen Ubhara Jurnal Pasopati : Pengabdian Masyarakat dan Inovasi Pengembangan Teknologi Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) Proceeding of The International Conference on Economics and Business LAWSUIT JURNAL PERPAJAKAN Journal of Accounting Research, Organization and Economics (JAROE) Research Horizon IIJSE Journal of Community Empowerment
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The Role of Financial Performance in Moderating the Impact of Good Corporate Governance on Corporate Social Responsibility Naufal, Muhammad Heru; Hersugondo, Hersugondo
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 6 No 3 (2023): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v6i3.3660

Abstract

This study examines the effect of Good Corporate Governance (GCG) which is proxied by managerial ownership, institutional ownership, public ownership, and the board of commissioners on Corporate Social Responsibility (CSR) which is proxied by the ESG Disclosure score, and also examines the role of the moderating variable Financial Performance which is proxied by Tobin’s Q on the relationship between GCG and CSR towards companies listed on the Indonesia Stock Exchange (IDX). The sample data obtained is from 87 companies during the 2017-2021 period. The method used in model A is multiple linear regression, while the effect of the moderating variable in model B is tested by using multiple regression analysis. The results of model A show that managerial ownership and institutional ownership have a significant negative impact on CSR, but public ownership does not have any effect. Meanwhile, the board of commissioners has a significant positive impact on CSR. The analysis results of model B show that financial performance can moderate the negative relationship between GCG and CSR. These results can broaden knowledge and provide practical benefits for companies and the academic community in management, financial accounting, and marketing, especially regarding GCG and CSR activities.
Ownership Structure and Company Value's Impact on Corporate Social Responsibility (CSR) Listianawati, Listianawati; Hersugondo, Hersugondo
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 6 No 3 (2023): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v6i3.4385

Abstract

The study's key objective is to explore how ownership structure and company values impact CSR implementation in listed Indonesian non-financial enterprises from 2019 to 2022. Research data was obtained from secondary data such as Bloomberg and company annual reports, then studied using the multiple linear regression method using SPSS software. The ownership structures studied include managerial, institutional, and foreign ownership. Meanwhile, company values are proxied by Tobin's Q. Meanwhile, Corporate Social Responsibility (CSR) is measured through ESG scores from Bloomberg. The findings show that management and institutional ownership negatively influence CSR, but the company's value has a considerable beneficial impact. However, foreign ownership does not have an impact on CSR. These findings indicate that CSR practices in Indonesian companies tend to be influenced by ownership structure and company values. These findings have practical consequences for regulators and business executives interested in increasing CSR operations.
The Role of Risk Management in Mediating Corporate Governance on Financial Performance in Banking Companies in Indonesia Hermawan, Hermawan; Hersugondo, Hersugondo
Dinasti International Journal of Economics, Finance & Accounting Vol. 6 No. 6 (2026): Dinasti International Journal of Economics, Finance & Accounting (January - Feb
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v6i6.5912

Abstract

Improving shareholder welfare requires strong financial performance, as it enhances a company's market value and facilitates access to external capital through loans or equity investments. Solid financial performance builds investor confidence and encourages expectations of higher returns. The decline of the banking sector during past crises was not solely due to weak implementation of good corporate governance (GCG), but also inadequate risk management, highlighting the growing importance of integrating effective risk controls with GCG principles to strengthen firm value. This study empirically analyzes banking companies listed on the Indonesia Stock Exchange during 2020–2023 using secondary data from publicly available financial and annual reports on [www.idx.co.id](http://www.idx.co.id). Employing a quantitative descriptive design with partial regression analysis, the study examines statistical patterns and variable relationships. The findings reflect that high investment levels often correspond with lending practices that carry significant credit risk, requiring larger loan-loss reserves. Financial institutions can mitigate such risks by limiting high-risk activities and transferring manageable risks to other entities. Overall, financial performance represents the company’s ability to manage resources effectively and comply with financial governance standards, ultimately shaping stakeholder trust and corporate sustainability.
PENINGKATAN VALUASI EKONOMI ATSIRI PALA GUNA MENDUKUNG SDGS, PENGENTASAN KEMISKINAN DAN MITIGASI BENCANA LONGSOR DI KUTABIMA Puspodewi, Dini; Yusuf, Dede; Fauzy, Yuhansyah Nur; Pancasakti, Hermin; Zainuri, Muhammad; Hersugondo, Hersugondo
Journal of Community Empowerment Vol 4, No 3 (2025): Desember
Publisher : Universitas Muhammadiyah Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31764/jce.v4i3.36530

Abstract

ABSTRAKDesa Kutabima memiliki potensi besar pada komoditas pala, namun pemanfaatannya masih terbatas akibat minimnya teknologi pengolahan, kapasitas sumber daya manusia, serta akses pasar. Pengabdian ini bertujuan meningkatkan valuasi ekonomi produk atsiri pala sekaligus mendukung pengentasan kemiskinan dan mitigasi bencana longsor. Metode pelaksanaan meliputi sosialisasi, pelatihan produksi (manisan pala, sirup pala, dan minyak atsiri daun pala), workshop manajemen usaha dan pemasaran digital, serta reboisasi lahan kritis. Mitra kegiatan adalah Kelompok Tani Sri Cikawung Jaya dan BUMDes Bima Barokah Sejahtera dengan total peserta 30 orang. Evaluasi dilakukan melalui pretest–posttest, observasi keterampilan, dan monitoring usaha. Hasil menunjukkan peningkatan pemahaman teknis peserta sebesar 80%, peningkatan kemampuan manajemen usaha sebesar 75%, serta terbentuknya tiga produk turunan pala dengan identitas branding dan legalitas usaha (NIB dan PIRT). Reboisasi menghasilkan penanaman 300 bibit pala dengan tingkat hidup 82%. Aktivitas pemasaran digital meningkat dengan kenaikan jangkauan hingga 320% dalam satu bulan. Program ini terbukti meningkatkan kapasitas produksi, memperluas peluang ekonomi lokal, dan memperkuat mitigasi bencana berbasis agroforestri. Kata kunci: pala; minyak atsiri; pemberdayaan masyarakat; UMKM; mitigasi bencana ABSTRACTKutabima Village has significant potential in nutmeg commodities; however, its utilization remains limited due to the lack of processing technology, limited human resource capacity, and restricted market access. This community service program aims to enhance the economic value of nutmeg essential oil products while supporting poverty alleviation and landslide disaster mitigation through skills improvement and institutional capacity strengthening. The implementation methods included socialization, training on the production of nutmeg preserves, nutmeg syrup, and nutmeg leaf essential oil, workshops on business management and digital marketing, as well as reforestation of critical land. The program partners were the Sri Cikawung Jaya Farmer Group and Bima Barokah Sejahtera Village-Owned Enterprise (BUMDes), involving 30 participants. Evaluation was conducted through pretest–posttest, skills observation, and business monitoring. The results showed an 80% increase in participants’ technical understanding and a 75% improvement in business management skills. Additionally, three nutmeg-derived products were successfully developed, complete with branding identity and business legality (NIB and PIRT). Reforestation activities resulted in the planting of 300 nutmeg seedlings with an 82% survival rate. Digital marketing activity increased by 320% within one month. This program effectively improved production capacity, expanded local economic opportunities, and strengthened disaster mitigation efforts through an agroforestry-based approach. Keywords: nutmeg; essential oils; community empowerment; MSMEs; disaster mitigation.
Map of Return of Shares and Volume Activity Trading of Companies in Indonesia on The Pandemic Time of Covid-19 Hersugondo, Hersugondo; Karim, Abdul; Rouf, Abdul
Media Ekonomi dan Manajemen Vol 36, No 2 (2021): July 2021
Publisher : Fakultas Ekonomika dan Bisnis UNTAG Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (478.767 KB) | DOI: 10.24856/mem.v36i2.1892

Abstract

This research was conducted to determine the impact of Covid-19 on the Company’s stock returns and trading volume activity. The covid-19 pandemic event is important for research because it includes investor’s assessment of the information generated in the capital market. This study was conducted to test the following hypotheses: before and after the Covid-19 pandemic was declared a national non-natural disaster, (1) there was a significant average change in the average abnormal return; (2) it is a significant average change in average trading volume activity. This research was conducted using event research methods. The sample for this study comes from 45 companies in the JII index. The analysis tool used is a regression with the SPSS. The descriptive statistic can be confirmed by calculating the standard deviation value. The result shows that the standard deviation range is 0.0002 to 0.03, so the research tool could be described as data obtained is suitable to the measurement variable. The conclusions explain that the events before and after the declaration of the Covid-19 outbreak as a national non-natural disaster have positive and a significant impact on the average abnormal return rate of stock activity and changes in trading volume activity.
Co-Authors 08.05.52.0043 Handy Setyo Tamtomo 08.05.52.0127 George Agust Hermianto 09.05.51.0116 Dody Wijaya__ 09.05.52.0074 Deasy Purnamasari Abdul Karim Abdul Rouf Abi Kumalasari, Irmadela Alya Syafi Rifiana Amie Kusumawardhani, Amie Ardira, Givantoro Agma Augusty Tae Ferdinand Azzahra, Widad Nabila Catur Kepirianto Cipto, Noventinus Surya Daniel W Kristia Daryono Daryono DAVID SANTOSO Deby Fakhriyana, Deby Dede Yusuf, Dede Deni Sunaryo Deni Sunaryo, Deni Dianitasari, Nadya Dihardjo, Jason Ferdianto Dimaciela V Sekarlangit Dini Puspodewi Eka Febiyanti Etty Puji Lestari Euis Soliha Fajar Ihrom Fathin, Nadime Abiyyu Fatima, Dahniar Fara Fauzy, Yuhansyah Nur Febrianto, Sigit Figosutansyah, Atev Firdauzi, Annisa Gabriella Krisvania Wisnuwardani Ghofur, Azizul Mukminun Haerani, Ega Devana Hermawan Hermawan Hermin Pancasakti Kusumaningrum Idris Idris Irene Rini Demi Pangestuti Kartika Andi Kinasih, Raras Sekar Krismonika Kristyaningrum, Agatha Canonia Lesticya, Widya Lilis Sugiarti Listianawati, Listianawati Majid, Muhammad Abdul Maula, Innany Mirrahmatikal Maulana, Bachtiar Rifqi Muhammad Zainuri Naufal, Muhammad Heru Nugroho, Naufal Adi Nurahman, Dany Pancasakti, Hermin Perdanaputra, Mahardika Rahardian, Tito Renanduta Candra Nugraha Rio Dhani Laksana Rizka Aulia S, Ruth Dwijayanti Sa'adah, Ardiana Alifatus Saadah, Ardiana Alifatus Saadiya, Audrey Lize Salisa Nur Maulina Salsabilla, Talitha Sahda Santoso, Balqis Salsabila Sidabutar, Maxsuel Herianto Siska Nofita Ana Pertiwi, 14.05.51.0203 Siska Nofita Ana Pertiwi, 14.05.51.0203 SITI PURYANDANI Siti Puryandani Sri Supriyati Sudibyo Ikhsan SUGENG WAHYUDI Suharnomo Suharnomo Sunarto Sunarto Syarifah, Putri Nur Umi Aulya Khofifah Universe Universe Wafdayanti, Haasya Wahyu Irawan Widyaningsih, Novita Yuliastuti, Nur Rachmalina