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Factors Influencing Financial Distress in Jakarta Islamic Index (JII) Companies Listed on the Indonesia Stock Exchange, 2014-2019 Agryadini, Roselika; Afrizal, Afrizal; Jumaili, Salman
Jurnal Cakrawala Akuntansi Vol. 15 No. 1 (2023): Jurnal Cakrawala Akuntansi
Publisher : Faculty of Economics and Business Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/jca.v15i1.46753

Abstract

This study was conducted to determine the effect of price earning ratio, inventory turn over (ITO), audit committee size, frequency of audit committee meetings, inflation, and exchange rates on financial distress in Jakarta Islamic Index (JII) companies listed on the Indonesia Stock Exchange. 2014-2019 period. The independent variables used in this study are price earning ratio, inventory turn over (ITO), audit committee size, frequency of audit committee meetings, inflation, and exchange rates. The dependent variable in this study is financial distress. This type of research is quantitative research. The population in this study is the Jakarta Islamic Index (JII) companies listed on the Indonesia Stock Exchange for the 2014-2019 period. The sample in this study was taken using purposive sampling method with a total sample of 11 companies. The data analysis used in this study is multiple linear regression analysis with the help of the SPSS program. The data in this study are secondary data obtained from the official website of IDX. The results of this study indicate that the frequency of audit committee meetings has a significant negative effect on financial distress, and the price earnings ratio has a significant positive effect on financial distress. Meanwhile, inventory turnover, audit committee size, inflation and exchange rate have no significant effect on financial distress
THE EFFECT OF PROFITABILITY, LIQUIDITY, INDEPENDENT BOARD OF COMMISSIONERS AND AUDIT COMMITTEE ON COMPANY VALUE Saputri, Tiara Estafania; Wiralestari; Jumaili, Salman
Kajian Akuntansi Vol. 26 No. 2 (2025): December 2025
Publisher : UPT Publikasi Ilmiah UNISBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29313/kajian_akuntansi.v26i2.7930

Abstract

Abstract. This study analyzes the effect of profitability, liquidity, independent board of commissioners, and audit committee on company value. The population in this study consists of companies in the industrial sector listed on the Indonesia Stock Exchange during the period 2021–2023. The sampling method used is purposive sampling. The sample in this study consisted of 47 companies observed over 3 years, and after outlier data was removed, the total sample amounted to 130. This study is a quantitative study using secondary data from the Indonesia Stock Exchange. The data analysis techniques used include descriptive statistics, classical assumption tests: normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. Meanwhile, hypothesis testing was conducted using multiple linear regression analysis with IBM Statistical Product and Service Solution (SPSS) Version 27 software. The analysis results show that profitability, liquidity, independent board of commissioners, and audit committee simultaneously have a statistically significant effect on company value. However, when analyzed partially, only profitability, liquidity, and the audit committee significantly effect company value, while the independent board of commissioners has no significant effect on company value. These findings indicate that company value in the industrial sector is influenced by financial performance and internal governance, providing important insights for investors and company management.
The Influence of Budget Participation, Organizational Commitment, and Total Quality Management (TQM) on Managerial Performance (Empirical Study at Bank Mandiri and Bank Central Asia in Jambi City) Amelia, Putri; Yuliusman, Yuliusman; Jumaili, Salman
Jurnal Cakrawala Akuntansi Vol. 15 No. 1 (2023): Jurnal Cakrawala Akuntansi
Publisher : Faculty of Economics and Business Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/jca.v15i1.46751

Abstract

This study aims to examine the effect of variable Budget Participation, Organizational Commitment and Total Quality Management (TQM) on Managerial Performance at Bank Mandiri and Bank Central Asia in Jambi City. This study uses a saturated sampling technique. Research data collection was carried out by distributing questionnaires to 70 respondents, and questionnaires that could be used were only 62. Data processing using SPSS 22.0 software. Before testing the hypothesis, an instrument quality test and a classic assumption test are performed. The results of testing the quality of the instrument consisting of validity and reliability tests show that all question items are valid and reliable. The results of the classic assumption test which consists of data normality test, multicollinearity test, and heteroscedasticity test show that all data meet the requirements. Hypothesis testing results indicate that simultaneous budgetary participation, organizational commitment and total quality management (tqm) affect managerial performance. Partially, only organizational commitment and total quality management (tqm) variables affect managerial performance, while budgetary participation variables do not affect managerial performance.