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The Effect of Financial Technology on the Performance of Micro, Small, and Medium Businesses Sumani, Sumani; Prasetya, Ignatius Bryan
Review of Management and Entrepreneurship Vol. 6 No. 1 (2022): Review Of Management And Entrepreneurship
Publisher : International Business Management - Universitas Ciputra

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37715/rme.v6i1.2442

Abstract

Micro, small, and medium enterprises dominate the number of entrepreneurs in developing countries like Indonesia. Even though the scale enterprises are small, MSM entrepreneurs can’t be separated from tech- nology in the current era. Therefore, this study aims to analyze how finan- cial technology can affect the performance of Micro Small. and Medium Enterprises in Jakarta, Bogor, Depok, Tangerang and Bekasi. The data taken for this study is primary data obtained through the distribution of online questionnaires to MSM entrepreneurs in Jakarta, Bogor, Depok, Tangerang, and Bekasi. The number of samples in this study was 130 respondents with a non-probability sampling method with purposive sampling technique. The research data that has been obtained were analyzed using SPSS 26 software. The results showed that the use of financial technology did not significantly affect the performance of MSMEs. Meanwhile, financial tech- nology funding, cash back, or promos on products sold affects the perfor- mance of MSMEs. Maybe, it should be Micro, small, medium.
January Effect and Size Effect Market Anomalies on Banking Companies in Indonesia Stock Exchange Kenneth, Sean; Sumani, Sumani
Review of Management and Entrepreneurship Vol. 8 No. 1 (2024): Review of Management and Entrepreneurship
Publisher : International Business Management - Universitas Ciputra

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37715/rme.v8i1.4149

Abstract

In the capital market, each stock price must reflect all available and relevant information or commonly known as the efficient market. In an efficient market, market anomalies should not occur to affect abnormal returns. This study aims to test whether the Indonesia Stock Exchange (IDX) exhibits January Effect and Size Effect anomalies, which could indicate inefficiencies in the capital market. The population includes all banking stocks listed on the IDX from 2018 to 2022, with a final sample of 38 banks after excluding incomplete data. The method involves examining both the January Effect with the Wilcoxon Signed Rank Test and the Size Effect with the Paired Samples T-test. The results indicate no significant January Effect during the 2018-2022 period, except in 2021, and no Size Effect anomalies for banking stocks during the same period.
Groundwater Recharge Assessment in the Gunungsewu Karst Area Using the APLIS Method and a Modified Soil Physics Approach Mujiyo, Mujiyo; Surachman, Rinta Faradila; Sumani, Sumani; Ariyanto, Dwi Priyo
Journal of Applied Agricultural Science and Technology Vol. 9 No. 1 (2025): Journal of Applied Agricultural Science and Technology
Publisher : Green Engineering Society

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55043/jaast.v9i1.313

Abstract

Karst areas experience annual drought, making it essential to preserve potential groundwater recharge areas. This study aims to assess the level of groundwater recharge and its spatial distribution in karst regions, with a case study in the Gunungsewu karst area, Paranggupito sub-district, Wonogiri Regency. This research employed the APLIS method (Altitude, Slope, Lithology, Infiltration and Soil) and collected data by creating a Land Mapping Unit (LMU) map. The LMU was generated through an overlay of land use, soil type, slope, rock type, and rainfall, resulting in 20 LMUs. The observed parameters included elevation, slope, soil type, lithology, soil infiltration, and texture, with modification incorporating porosity as an actual soil parameter. Observations and sampling were conducted, and data analysis involved ANOVA and correlation tests to assess the influence of topography on groundwater recharge distribution and its correlation with soil characteristics. The research results indicate that groundwater recharge is classified into medium and high categories. The distribution of groundwater recharge is influenced by topography and soil infiltration, with the highest recharge occurring on slopes of 0-3% and high infiltration values.
FINANCIAL LITERATION: DETERMINANTS OF FINANCIAL WELL-BEING IN THE BATIK SMALL AND MEDIUM INDUSTRIES IN EAST JAVA Sumani, Sumani; Roziq, Ahmad
Jurnal Aplikasi Manajemen Vol. 18 No. 2 (2020)
Publisher : Universitas Brawijaya, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.jam.2020.018.02.09

Abstract

The research objective is to examine the financial well-being of batik SMEs in East Java-based on financial literacy, namely: financial knowledge, financial attitudes, and financial behavior. The study population was SMEs Batik practitioners in East Java. The sampling technique used multistage sampling, the first step was to determine the area of research and then determine the batik SMEs of 125 respondents using census methods. Data analysis techniques using SEM-PLS. The results showed that financial knowledge has a significant effect on financial behavior, but financial knowledge has no effect on financial attitudes. Financial attitudes also do not affect financial behavior. Financial knowledge, financial attitudes, and financial behavior have a significant effect on the financial well-being of SMEs Batik. Future studies should be able to use proxies or other indicators for financial attitudes and do groupings based on the characteristics of batik SMEs such as education, length of business, family background, and training opportunities.
FINANCIAL BEHAVIOR ON FINANCIAL SATISFACTION AND PERFORMANCE OF THE INDONESIAN BATIK INDUSTRY Sumani, Sumani; Awwaliyah, Intan Nurul; Suryaningsih, Ika Barokah; Nurdin, Djayani
Jurnal Aplikasi Manajemen Vol. 20 No. 4 (2022)
Publisher : Universitas Brawijaya, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.jam.2022.020.04.06

Abstract

The urgency of the research is that many business people understand financial literacy but seem to have less impact on financial performance. It is probably because some business people have not followed up with changes in good financial behavior. This study aims to determine the effect of financial literacy on financial behavior, financial satisfaction, and financial performance. In addition, it also knows the effect of financial behavior on financial satisfaction and financial performance and the effect of financial satisfaction on financial performance. The population in this study is the entire batik industry in Indonesia with large and medium scale, as many as 208 batik business actors. The sampling technique is a saturated sample or census, where all members of the population become members of the sample. The data analysis technique used SMART PLS 03 software. According to the study's findings, financial literacy has a significant effect on financial behavior and financial performance, and financial behavior significantly affects financial satisfaction. Financial satisfaction furthermore has a significant effect on financial performance. However, financial literacy has no effect on financial satisfaction, and financial behavior has also been found to have no effect on financial performance. This research implies that the financial performance of batik industry players will increase if they have financial behavior that can create added value and the importance of financial literacy.
Impact of Underwriter and Auditor Reputation, and Firm Age on IPO Underpricing: Evidence from the Indonesia Stock Exchange (2022–2024) Ramadhan, Sandy Fajar; Sumani, Sumani
Journal of International Conference Proceedings Vol 8, No 1 (2025): 2025 ICPM Malaysia Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v8i1.3873

Abstract

This study aims to analyze the impact of underwriter reputation, auditor reputation, and company age on the level of underpricing returns of companies that have conducted initial public offerings on the Indonesia Stock Exchange in the period 2022-2024. The method used is a quantitative approach with multiple linear regression techniques and testing the coefficient of determination by using SPSS. The sample analyzed includes 155 IPO companies during the period 2022-2024. The companies listed as the object of the study were audited by auditors in the big four and non-big four categories. The companies had underwriters with varying reputations from the lowest to the highest. The results of the analysis show that underwriter reputation and auditor reputation have no effect on underpricing in IPO companies during period 2022-2024. However, the age of the company on underpricing is proven to have an effect on underpricing in IPO companies during the period 2022-2024.
PROGRAM KEWIRAUSAHAAN SKALA MIKRO, KECIL, DAN MENENGAH BAGI ANAK MUDA DI BIDARA CINA, MARUNDA, DAN PALMERAH Wistinindah S, Christine; Sumani, Sumani
Martabe : Jurnal Pengabdian Kepada Masyarakat Vol 8, No 5 (2025): MARTABE : JURNAL PENGABDIAN KEPADA MASYARAKAT
Publisher : Universitas Muhammadiyah Tapanuli Selatan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31604/jpm.v8i5.1853-1857

Abstract

Pemuda adalah masa depan suatu bangsa. Oleh karena itu penting untuk dibekali dengan ilmu kewirausahaan guna persiapan para pemuda untuk memupuk jiwa wirausaha dan membuka usaha sendiri. Untuk itu FEB-UAJ bermitra dengan Yayasan Bulir Padi (BP) untuk melakukan pengabdian masyarakat bagi siswa-siswi dari keluarga marjinal dari Jakarta dan sekitarnya. Pelatihan yang dilakukan secara online berjalan lancar dan mendapat tanggapan positit dari BP dan para peserta. Harapannya bisa menciptakan pemuda yang memiliki jiwa wirausaha.
EFEK SKOR ESG PADA  KAPITALISASI PASAR PERUSAHAAN DALAM INDEX ESG LEADERS INDONESIA Nugroho, Emanuel Yakobus Prasetyo; Sumani, Sumani
Jurnal Akuntansi Vol 19 No 2 (2025): Jurnal Akuntansi
Publisher : Universitas Katolik Indonesia Atma Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25170/jak.v19i2.6620

Abstract

ESG is a concept that prioritizes sustainable development, investment, and company operations using three criteria—environmental, social, and governance. Businesses with strong ESG policies typically do better over the long run. Revenue, net profit, growth, and a greater market valuation—reflected in market capitalization—can all be indicators of improved long-term performance. This study examines the relationship between ESG scores and market capitalization for 17 businesses included in the Indonesian ESG Leaders Index (March 15-September 19, 2023) using firm value as an intervening variable. Multiple linear regression analysis was employed as the data analysis strategy. The study’s results, which were obtained by regression analysis with IBM SPSS 29, demonstrated that ESG scores had no discernible impact on market capitalization as measured by business value overall. .
SUSTAINABILITY, GREEN BONDS DAN DAMPAKNYA PADA NILAI PERUSAHAAN Dharmastuti, Christiana Fara; Zefanya, Okaria Nathalie; sumani, sumani
Jurnal Akuntansi Vol 18 No 2 (2024): Jurnal Akuntansi
Publisher : Universitas Katolik Indonesia Atma Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25170/jak.v18i2.5178

Abstract

Sustainability issues and practices have now become an important part and an interesting trend around the world. Companies in running their business are required not only to take into account economic factors, but also to pay attention to sustainability practices. In the financial sector, one of the sustainability supports through funding through green bonds, namely green bonds.  This study aims to analyze the effect of corporate sustainability practices in terms of the 3 P's (Profit, Planet, People) on the decision to issue green bonds and their impact on company performance. The study was conducted on companies in ASIA with the subject of 78 companies from 10 countries. Data was obtained from the Climate Bonds Initiative, International Capital Market Association, IDX and Yahoo Finance and from the company's website. Hypothesis testing using the Smart PLS application. The test results show that people affect the decision of green bonds and company performance, while profit and planet have no significant effect on green bonds or company performance.
The Study of Relationship of Soil Physics Health and Micro-Climate Characteristics on Paddy Fields Sumani, Sumani; Widhiyastuti, Alfia Nisa; Mujiyo, Mujiyo; Herdiansyah, Ganjar; Maro’ah, Siti
Journal of Applied Agricultural Science and Technology Vol. 8 No. 1 (2024): Journal of Applied Agricultural Science and Technology
Publisher : Green Engineering Society

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55043/jaast.v8i1.194

Abstract

Global food security and environmental stability will be threatened by population growth, land usage, and land change. Proper soil management in plant production helps reduce temperature and humidity-induced plant deterioration. This study aims to identify soil physics health (SPH), microclimate characteristics, and the relationship between the two in managing organic and inorganic paddy fields. The research location is in Purwantoro District, Wonogiri Regency, using descriptive explorative research, with purposive soil sampling at work map, made by overlay thematic maps, resulting in 9 LMU. The observation and sampling were carried out in the maximum vegetative phase of plants, while the micro-climate is in the generation phase. The determination of the soil physics health status used the scoring method. Using the T-test, Pearson’s correlation test finds the relationship between SPH and micro-climate characteristics and the differences between the two. The results showed the distribution of SPH in organic farming is healthy (74.7) and very healthy (83.3), while inorganic farming is healthy (79.72). The temperature is optimal, ranging from 23.5°C to 30.1°C, but the humidity is minimum in the range of 35.3% to 76.1%. The SPH and micro-climate have a significant relationship, with a positive correlation between air and soil temperature with SPH and a negative correlation between air humidity and soil moisture.
Co-Authors Afandi, Mochammad Farid Ahmad Roziq AKTAVIA HERAWATI Ariel Jotham Luther Arika Indah Kristiana Azizah, Zakiyah Lina Nur Cempaka Paramita, Cempaka Christiana Fara Dharmastuti Christine Winstinindah Sandroto Dinda Larasati Dwi Priyo Ariyanto Ema Desia Prajitiasari Eveline Kusuma Fitriana, Ummi Nur Ganjar Herdiansyah, Ganjar Haqi, Roikha Nurul Hengky Sulaiman Ika Barokah Suryaningsih Indah Mula Intan Nurul Awwaliyah Irene Nathania Jaka Suyana Kartikasari, Dyah Kenneth, Sean Komariah Komariah Liany Christine Anggasta Lokaprasidha, Pramesi Mahdani, Sutheta Putra Maria Fransiska Markilah, Markilah Marmono Singgih Michael Dimitri Mujiyo Nugroho, Emanuel Yakobus Prasetyo NURDIN, DJAYANI Panca Wiputra Prasetya, Ignatius Bryan Priswita, Rahajeng Putu Widiani Putri, Rizky Atika Salsabila Ivabianca Ramadhan, Sandy Fajar Retno Rosariastuti Reynard Jonathan Reza Suleman Rilo Pambudi Rony, Zahara Tussoleha Sabda Risky Juliana Safira, Firjin Setyawati, Andriyana Siti Maro’ah Siti Saadah Sri Hartati Stevanus Pangestu Steven Lesmana Suhari . Surachman, Rinta Faradila Susanto, Arnis Budi Sutarno Sutarno Syahputri, Vika Synthia Madyakusumawati Tamara Letitia Limawan Theresia Dwinita Laksmidewi Uriel Kafka Lungguran Wahyuningsih, Unik Washil, Moh. Zadul Wenny Chandra Widhiyastuti, Alfia Nisa Widodo, Roni Wistinindah S, Christine Yasintha Soelasih Yohanes Arianto Budi Nugroho Yuanisyah, Risma Febrian Yudapratama, Ammar Firdausi Yuli Yanti Yulia Rahmawati, Yulia Zefanya, Okaria Nathalie