Claim Missing Document
Check
Articles

Effect of Credit Restructuring During the Covid-19 Pandemic on Financial Performance with Expected Credit Loss as an Intervening Variable Lauria Arisandy Zalukhu; Fifi Swandari
Jurnal Office Volume 9, Number 1, January-June 2023
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26858/jo.v9i1.47313

Abstract

Credit restructuring is an improvement effort made by the Bank in lending activities to debtors who are experiencing difficulties in fulfilling their obligations. This study aims to analyze the effect of implementing credit restructuring through Expected Credit Loss (ECL) on financial performance during the Covid-19 pandemic. This research is a type of causality research with a quantitative approach that uses secondary data obtained from the financial reports of 21 (twenty one) branch offices of PT Bank Negara Indonesia (Persero), Tbk during the period March 2020 to December 2021. The sampling technique uses a non-probability sampling technique with a saturated sampling technique and the data analysis tool in this study uses the SmartPLS application with an evaluation model that can be carried out by assessing the outer model and the inner model. The results of the analysis show that (1) credit restructuring during the Covid-19 pandemic had a positive effect on financial performance, (2) credit restructuring during the Covid-19 pandemic through expected credit loss as an intervening variable had a positive effect on financial performance. According to researchers, this is because the credit facility provided by the Covid restructuring scheme does not require additional reserves for impairment losses expected credit loss.
Fundamental and Technical Analysis of IPO Company Stocks in 2014 Doly Silado Sijabat; Fifi Swandari
International Journal of Business and Applied Economics Vol. 2 No. 4 (2023): July 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijbae.v2i4.4934

Abstract

This study aims to identify and analyze the stocks of companies that went IPO in 2014 using fundamental and technical analysis with the variables Return on Assets (ROA), Return on Equity (ROE), Earnings per Share (EPS), Debt Equity Ratio (DER), Price Earning Ratio (PER), Price Book Value (PBV) and Trading Volume (VP). The approach used in this research is quantitative, with a purposive sampling data collection technique and a total sample size of 126. The data analysis technique used is panel data regression with a random effect model. The results showed that Return on Assets (ROA), Return on Equity (ROE), Debt Equity Ratio (DER), Price Earning Ratio (PER), Price Book Value (PBV), and Trading Volume (VP) had no effect, and were not significant on the IPO share price in 2014, while Earnings per Share (EPS) had a positive and significant influence on the IPO share price in 2014. The variables jointly affected the IPO share price in 2014.
Upaya Peningkatan Pendapatan Ibu-Ibu Di Wilayah Sungai Andai Melalui Pembuatan Kerajinan Tas Purun Hias Fifi Swandari; Laila Refiana Said; Gusti Rina Fariany; Listi Armea; Ditta Rahmatika
Jurnal Pengabdian ILUNG (Inovasi Lahan Basah Unggul) Vol 3, No 3 (2024)
Publisher : Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20527/ilung.v3i3.11706

Abstract

Ibu rumah tangga terkadang menjadi tokoh sentral dalam mengatasi kurangnya pendapatan keluarga. Sebagian ibu di Sungai Andai Banjarmasin menambah penghasilan dengan menjadi pengrajin tas purun hias dan membentuk perkumpulan. Perkumpulan tersebut dinamai “Purun Cantiq”. Perkumpulan tersebut terbentuk dari hasil kegiatan pengabdian tahun 2022. Tas purun hias yang diproduksi Purun Cantiq telah mencapai ratusan unit. Namun demikian, produknya masih dianggap tidak mampu memenuhi selera segmen pasar kelas menengah atas. Permasalahan yang ditemukan adalah kurangnya daya saing terkait desain, motif, bahan baku dan kurangnya SDM.  Tujuan pengabdian tahun 2023 ini  adalah meningkatkan pendapatan ibu-ibu yang tergabung dalam Kelompok Usaha Purun Cantiq. Solusi atas masalah tersebut ada beberapa hal: (1) ceramah tentang keinginan segmen pasar kelas menengah dalam hal ini Business Model Canvas (BMC), (2) pelatihan membuat tas purun yang lebih berkualitas dengan sulam pita dan benang rajut dan (3) mencari sumber bahan setengah jadi baru dan (4) merekrut anggota baru. Narasumber yang dihadirkan adalah narasumber yang kompeten. Berbagai kegiatan yang direncanakan telah dilaksanakan dengan baik. Tujuan utama kegiatan pengabdian ini yaitu meningkatkan pendapatan ibu-ibu anggota Purun Cantiq relatih telah tercapai. Hal penting lainnya, kegiatan ini juga mampu meningkatkan daya saing seperti yang telah ditetapkan sebelumnya. Hal ini terlihat dari semakin bagusnya produk yang dibuat dan semakin banyak diminati pelanggan.
The Effect of Corporate Governance, Regulatory Compliance, and Company Size on Enterprise Risk Management of Kalimantan Regional Development Banks Darmansyah, Darmansyah; Said, Laila Refiana; Swandari, Fifi
Asia Pacific Journal of Management and Education (APJME) Vol 7, No 1 (2024): March 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/apjme.v7i1.2938

Abstract

This study analyzes the effect of corporate governance, regulatory compliance, and company size on enterprise risk management. The subject of this study is regional banking companies located in the Kalimantan using data during 2014-2023. The results of the data test show that corporate governance, regulatory compliance, and company size affect the risk management of a company. The findings of this study support the importance of developing good governance and complying with applicable procedures in implementing more effective risk management. In addition, the larger a company, the more of focus on risk management to become more effective organization.
Analisis Faktor-Faktor yang Berpengaruh terhadap Return Saham Perusahaan Jasa di Bursa Efek Indonesia pada Periode 2018-2021 Giyartiningrum, Eko; Azzahra, Ummi Fajarina; Prasetyo, Heri; Swandari, Fifi
Jurnal Samudra Ekonomi dan Bisnis Vol 14 No 2 (2023): JSEB
Publisher : Fakultas Ekonomi Universitas Samudra

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33059/jseb.v14i2.7028

Abstract

This study aims to explore the impact of DER, LDR, and NIM on stock returns of service companies in the IDX for the period of 2018-2021. Secondary data was obtained purposively for company financial reporting or via the website www.idx.com. Data analysis is done through multiple regression testing, F-test, and t-test. The results obtained show that only DER and LDR partially have a significant effect on stock returns of service companies in the study period, while NIM has proven to have no significant effect on stock returns. Simultaneously, the three independent variables proved to have a significant effect on service company stock returns in the study period. It is expected that the results of this study will contribute to providing deeper insight into the various factors that can influence stock returns in the Indonesian capital market and serve as a reference for investors and financial managers in making investment decisions.
Reaksi pasar saham atas peristiwa disahkannya Omnibus Law RUU Cipta Kerja Sutrisno, Yeni Hairida; Swandari, Fifi
Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Vol. 5 No. 3 (2022): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Publisher : Departement Of Accounting, Indonesian Cooperative Institute, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32670/fairvalue.v5i3.2609

Abstract

This research aims to analyze stock market reaction on the legalization of Omnibus Law the Job Creation Act on October 5, 2020. The market reaction is measured using abnormal return, average abnormal return and trading volume activity which happens in manufacturing company consumer goods sector food and beverage sub sector listed on the Indonesia Stock Exchange. The research sample is determined by using non probability sampling method with purposive sampling technique. Hypothesis testing used one sample t-test and wilcoxon signed rank test in which the observation period is 15 days using SPSS tools. The results of the hypothesis testing show that there is a significant abnormal return on the 3rd day dan 7th day after the Job Creation Act legalization. There is no significant difference in the average abnormal return between the period before and after the Job Creation Act legalization. There is no significant difference in the trading volume activity between the period before and after the Job Creation Act legalization.
Green Capital Dynamics: Investigating the Impact of Capital Structure on Profitability among IDX LQ45 Low Carbon Leaders in Indonesia Bustani, Bustani; Swandari, Fifi; Yunani, Ahmad
Accounting and Finance Studies Vol. 4 No. 3 (2024): Issue: July
Publisher : Profesional Muda Cendekia Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47153/afs44.11092024

Abstract

Research Aims: This study explores the nexus between capital structure and financial performance among firms listed in Indonesia's IDX LQ45 Low Carbon Leaders. The study focuses on capital structure, operationalized through leverage (Total Liabilities/Total Assets), and financial performance metrics, specifically Return on Assets (ROA) and Return on Equity (ROE). Design/methodology/approach: The research employs the Hausman test to select appropriate panel data models, subsequently validated by the Breusch-Pagan test. This rigorous approach ensures robust model selection between fixed-effect and random-effect specifications. Research Findings: Based on ROA and ROE measurements, leverage's influence on financial performance does not consistently show significant statistical importance. Theoretical Contribution/Originality: This study enriches financial literature by supporting the findings of Miller and Modigliani, which indicate that capital structure does not directly impact profitability, particularly in the context of companies listed in the IDX LQ45 Low Carbon Leaders in Indonesia.
Keberlanjutan UMKM Berdasarkan Potensi Risiko Dan Perlakuan Risiko Di Daerah Lahan Basah Kota Banjarmasin Sufi Jikrillah; Laila Refiana Said; Fifi Swandari; Riza Firdaus; Widyarfendhi Widyarfendhi; M Ziyad
INOBIS: Jurnal Inovasi Bisnis dan Manajemen Indonesia Vol. 7 No. 3 (2024): INOBIS: Jurnal Inovasi Bisnis dan Manajemen Indonesia
Publisher : Forum Inovasi Bisnis dan Manajemen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31842/jurnalinobis.v7i3.326

Abstract

Tujuan dari penelitian ini adalah untuk penentuan potensi risiko dalam kondisi ketidakpastian, melakukan penilaian terhadap risiko yang kemungkinan muncul dan melakukan analisa perlakuan strategi yang akan dilakukan oleh UMKM dalam menangani ataupun mengelola risiko tersebut. Metode penelitian dilakukan sesuai dengan proses manajemen risiko (ISO 31000:2018) yaitu identifikasi potensi risiko, analisis risiko, evaluasi risiko dan perlakuan risiko, sehingga UMKM dapat berdaya saing baik dipasar dalam negeri maupun pasar luar negeri. UMKM yang menjadi obyek penelitian adalah UMKM dengan jenis usaha yang berbeda berbeda yaitu UMKM pengrajin Purun, UMKM pengrajin Ketupat dan UMKM pengrajin Sasirangan. Pada penelitian ini menggunakan Sampling Sensus yaitu metode penarikan sampel bila semua anggota populasi dijadikan sebagai sampel adalah sebanyak 50 UMKM yang berada di pesisir sungai Martapura di Kota Banjarmasin. Hasil penelitian risiko permodalan, risiko pemasaran dan risiko hukum termasuk dalam kategori Unacceptable (merah), yaitu perlakuan risiko harus segera dilakukan walaupun biaya mahal karena menyangkut kelangsungan perusahaan sehinga risiko permodalan, risiko pemasaran dan risiko hukum menjadi fokus utama. Risiko produksi masuk dalam kategori Issue (Kuning) maka perlakuan risiko perlu dilakukan agar risiko tersebut menjadi minimal sedangkan risiko sumber daya manusia masuk kategori Acceptable (hijau tua) maka risiko dianggap kecil dan perlakuan risiko tidak diperlukan
The Effect of Corporate Governance, Regulatory Compliance, and Company Size on Enterprise Risk Management of Kalimantan Regional Development Banks Darmansyah, Darmansyah; Said, Laila Refiana; Swandari, Fifi
Asia Pacific Journal of Management and Education (APJME) Vol 7, No 1 (2024): March 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/apjme.v7i1.2938

Abstract

This study analyzes the effect of corporate governance, regulatory compliance, and company size on enterprise risk management. The subject of this study is regional banking companies located in the Kalimantan using data during 2014-2023. The results of the data test show that corporate governance, regulatory compliance, and company size affect the risk management of a company. The findings of this study support the importance of developing good governance and complying with applicable procedures in implementing more effective risk management. In addition, the larger a company, the more of focus on risk management to become more effective organization.
PENGARUH ARUS KAS TERHADAP INVESTASI DENGAN AGENCY COST SEBAGAI VARIABEL INTERVENING Muhammad Irsyad Ash Siddiqi; Fifi Swandari; Dian Masita Dewi
Journal of Social and Economics Research Vol 7 No 1 (2025): JSER, June 2025
Publisher : Ikatan Dosen Menulis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54783/jser.v7i1.849

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh arus kas terhadap investasi dengan variabel intervening yaitu agency cost yang diproksikan dengan free cash flow. Berdasarkan tujuan tersebut maka dalam penelitian ini telah dirumuskan empat hipotesis. Metode sampel menggunakan metode purposive sampling dimana terdapat 19 emiten perusahaan yang tergabung dalam indeks LQ45. Untuk memudahkan pemecahan masalah, penelitian ini dilaksanakan dengan menggunakan analisis persamaan struktural (SEM) berbasis varian dengan software SmartPLS 3. Hasil penelitian ini menunjukkan diantaranya bahwa arus kas berpengaruh positif dan signifikan terhadap investasi. Arus kas berpengaruh positif dan signifikan terhadap agency cost. Agency cost tidak berpengaruh signifikan terhadap investasi. Agency cost tidak dapat dijadikan variabel mediasi terhadap investasi.