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ANALISIS RASIO KEUANGAN TERHADAP KONDISI FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018-2022 Kogoya, Octofian Papuanus Handali; Mangantar, Maryam; Wullur, Magdalena
Neraca: Jurnal Ekonomi, Manajemen dan Akuntansi Vol. 3 No. 1 (2024): Neraca: Jurnal Ekonomi, Manajemen dan Akuntansi
Publisher : Neraca: Jurnal Ekonomi, Manajemen dan Akuntansi

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Abstract

Penelitian ini bertujuan untuk mengetahui hubungan financial distress pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia pada tahun 2018 hingga 2022 dan karakteristik yang terkait dengan likuiditas, profitabilitas, leverage, dan pertumbuhan penjualan. Proses pengambilan sampel menghasilkan 117 sampel dari 168 populasi dengan menggunakan pendekatan purposive sampling. Teknik analisis yang digunakan adalah analisis regresi linier berganda. Kesimpulan penelitian menunjukkan bahwa pertumbuhan penjualan, profitabilitas, leverage, dan rasio likuiditas semuanya mempunyai pengaruh positif dan signifikan terhadap kesulitan keuangan, sedangkan rasio likuiditas mempunyai pengaruh negatif dan sebagian besar kecil. Kesulitan keuangan dipengaruhi secara positif dan signifikan oleh rasio profitabilitas.
The Influence of Financial Early Warning System on Insurance Company Share Prices to Indonesian Stock Exchange 2019-2022 Imbang, Anatasya Stevani Elisabet; Mangantar, Maryam; Djemly, Woran
Formosa Journal of Science and Technology Vol. 3 No. 1 (2024): January 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjst.v3i1.7910

Abstract

This study aims to determine and analyze the influence of the Premium Growth Ratio, Claim Expense Ratio, Liquidity Ratio and Funds Adequacy Ratio on Insurance Company Share Prices on the Indonesia Stock Exchange in 2019-2022. The sampling method used a purposive sampling method and obtained 17 samples from 18 populations. The analysis technique used is multiple linear regression analysis. The results of this research show that partially the Premium Growth Ratio has no significant effect on Stock Prices, the Claims Expense Ratio has a negative and significant effect on Stock Prices, the Liquidity Ratio has a negative and significant effect on Stock Prices, the Funds Adequacy Ratio has a negative and significant effect on Stock Prices while simultaneously showing that the Premium Growth Ratio, Claim Expense Ratio, Liquidity Ratio and Funds Adequacy Ratio have a positive and significant effect on Share Prices.
Market Reaction to the Russian Invasion of Ukraine in the Oil and Gas Industry on the Indonesian Stock Exchange Mokodaser, Rexaldo C.; Mangantar, Maryam; Rumokoy, Lawren J.
Formosa Journal of Applied Sciences Vol. 3 No. 8 (2024): August 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/fjas.v3i8.10276

Abstract

The economy in Indonesia experiences growth every year. The capital market is the most important part for economic progress in Indonesia. The aim of this research is to determine the information content of market reactions to the Russian invasion of Ukraine in Indonesia, as well as differences in abnormal returns and trading volume activity before and after the Russian invasion. This type of research is quantitative research using secondary data. The sample used was 9 companies in the Oil and Gas industry using the purposive sampling method. Then test the differences using the paired sample t-test. The results of this study show that there are no significant differences in abnormal returns and there are differences in trading volume activity before and after the Russian invasion of Ukraine in Indonesia.
THE EFFECT OF TOUR GUIDE KNOWLEDGE AND DESTINATION IMAGE ON CUSTOMER SATISFACTION AT TRAVEL AGENCY IN MAKASSAR Thomas, Gailyn Josephine; Mangantar, Maryam; Tumewu, Ferdinand
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol. 13 No. 04 (2025): JE. Vol. 13 No. 4
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/emba.v13i04.64866

Abstract

As competition among tourism destinations increases, providing excellent service quality and building a positive image have become crucial in achieving tourist satisfaction. This study aims to analyze the effect of tour guide knowledge and destination image on customer satisfaction among tourists traveling from a Makassar-based travel agency to North Sulawesi. A quantitative approach was applied using multiple linear regression analysis. Data were collected through questionnaires distributed to tourists who joined tour packages from PT. Vifa Holiday Indonesia. The results show that both tour guide knowledge and destination image have a positive and significant influence on customer satisfaction, with destination image having a greater impact. The study concludes that enhancing tour guide competence and strengthening the destination’s image are essential strategies for improving tourist satisfaction and encouraging repeat visits.   Keywords: Tour Guide Knowledge, Destination Image, Customer Satisfaction
ANALISIS PERBANDINGAN TRADING VOLUME ACTIVITY DAN ABNORMAL RETURN SEBELUM DAN SESUDAH PENGUMUMAN PERESMIAN PEMINDAHAN IBUKOTA INDONESIA OKTOBER 2024 (EVENT STUDY PADA PERBANKAN KONVENSIONAL YANG TERDAFTAR DI BURSA EFEK INDONESIA) Wongkar, Kevin Roseveld Fernando; Mangantar, Maryam; Rumokoy, Lawren Julio
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol. 13 No. 04 (2025): JE. Vol. 13 No. 4
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/emba.v13i04.65185

Abstract

Penelitian ini bertujuan untuk menganalisis apakah terjadi perubahan signifikan pada Abnormal Return (AR) dan Trading Volume Activity (TVA) saham bank konvensional yang tercatat di Bursa Efek Indonesia sebagai reaksi terhadap pengumuman resmi peresmian pemindahan ibukota Indonesia pada Oktober 2024. Pendekatan yang digunakan adalah event study, dengan periode pengamatan mencakup tujuh hari sebelum (t-7) hingga 7 hari sesudah (t +7) tanggal pengumuman. Populasi penelitian terdiri dari seluruh bank konvensional yang terdaftar di BEI per 11 Oktober 2024; sampel dipilih secara purposive sampling berdasarkan likuiditas dan data lengkap. Pengujian hipotesis dilakukan menggunakan uji Wilcoxon Signed Rank untuk AR dan TVA. Hasil penelitian menunjukkan apakah terdapat perbedaan rata-rata AR dan TVA yang signifikan sebelum dan sesudah pengumuman. Temuan ini diharapkan memberikan gambaran mengenai efisiensi pasar modal Indonesia dalam merespons informasi kebijakan besar serta implikasinya terhadap investor dan regulator.    Kata Kunci: Abnormal Return, Trading Volume Activity, Event Study, Perbankan Konvensional, Pemindahan Ibukota, Bursa Efek Indonesia
SUPPORTIVE FACTORS INFLUENCING CUSTOMERS’ DECISION TO SWITCH FROM BNI MOBILE BANKING TO WONDR BY BNI: STUDY IN MANADO Rundengan, Praycilia; Mangantar, Maryam; Rogi, Mirah
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol. 14 No. 1 (2026): JE. Vol. 14 No. 1
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/emba.v14i1.66111

Abstract

his research aims to examine the factors influencing customers’ decisions to switch from BNI Mobile Banking to Wondr by BNI. The study focuses on three supportive factors derived from the Push–Pull Theory: dissatisfaction, alternative attractiveness, and promotion. Unlike most previous studies that apply the full Push–Pull–Mooring (PPM) framework, this research isolates only the push and pull factors to emphasize the main drivers that directly encourage switching behavior without considering inhibiting factors such as switching cost or inertia. The data were collected through an online questionnaire distributed via Google Forms to 110 respondents who were BNI customers and had experience using both BNI Mobile Banking and Wondr by BNI. The analysis was conducted using multiple linear regression with SPSS 29. The results reveal that while alternative attractiveness and promotion have a positive and significant effect on switching behavior, dissatisfaction does not significantly influence customers’ switching decisions. This indicates that users are not primarily driven by negative experiences with the old application, but rather by the attractiveness and promotional appeal of the new one.   Keywords: Switching Behavior, Dissatisfaction, Alternative Attractiveness, Promotion, Mobile Banking
PENGARUH LIKUIDITAS, PROFITABILITAS, DAN RISIKO KREDIT TERHADAP KINERJA KEUANGAN BANK DALAM INDEKS INFOBANK15 PERIODE 2021-2024 Lontoh, Anggie Angeline Maretha; Mangantar, Maryam; Karuntu, Merlyn
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol. 14 No. 1 (2026): JE. Vol. 14 No. 1
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/emba.v14i1.66118

Abstract

Tujuan penelitian ini adalah untuk menganalisis pengaruh likuiditas, profitabilitas, dan risiko kredit terhadap kinerja keuangan pada bank-bank yang terdaftar dalam Indeks Infobank15 selama periode 2021-2024. Penelitian ini menggunakan metode kuantitatif dengan populasi seluruh bank yang tergabung dalam Indeks Infobank15, dan sampel penelitian terdiri dari 15 perusahaan yang dipilih melalui metode purposive sampling. Teknik pengumpulan data menggunakan data sekunder, sedangkan analisis data dilakukan melalui analisis statistik deskriptif, uji asumsi klasik, analisis regresi linier berganda, dan koefisien determinasi. Pengujian hipotesis dilakukan secara parsial menggunakan uji t dan secara simultan menggunakan uji F. Hasil penelitian menunjukkan bahwa secara parsial, likuiditas (LDR) dan risiko kredit (NPL) berpengaruh negatif signifikan terhadap kinerja keuangan (ROA dan ROE), sedangkan profitabilitas berpengaruh positif signifikan terhadap kinerja keuangan. Selain itu, secara simultan ketiga variabel independen tersebut berpengaruh signifikan terhadap kinerja keuangan pada bank-bank yang terdaftar dalam Indeks Infobank 15 periode 2021-2024.   Kata Kunci: Likuiditas, Profitabilitas, Risiko Kredit, Kinerja Keuangan, Indeks Infobank15, Perbankan
THE INFLUENCE OF LIFESTYLE AND BRAND IMAGE ON CUSTOMER PURCHASE INTENTION AT STARBUCKS IN NORTH SULAWESI Komaling, Cindy; Mangantar, Maryam; Tielung, Maria
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol. 14 No. 1 (2026): JE. Vol. 14 No. 1
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/emba.v14i1.66278

Abstract

This study aims to examine the influence of lifestyle and brand image on customer purchase intention at Starbucks in North Sulawesi. The research employs a quantitative approach using primary data collected through questionnaires distributed to Starbucks consumers in Manado and Bitung. The sample consists of 100 respondents selected using purposive sampling. Data analysis techniques include validity and reliability tests, classical assumption tests, multiple linear regression analysis, F-test, and t-test using SPSS. The results indicate that lifestyle and brand image have a positive and significant effect on customer purchase intention, both partially and simultaneously. These findings suggest that aligning brand positioning with consumer lifestyle and maintaining a strong brand image are essential strategies to enhance customer purchase intention in the coffee shop industry.   Keywords: Lifestyle, Brand Image, Customer Purchase Intention
REAKSI PASAR MODAL TERHADAP PENGUMUMAN TARIF TRUMP UNTUK INDONESIA PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DALAM INDEKS LQ45 Sangkoy, Richard Imanuel; Mangantar, Maryam; Tulung, Joy Elly
JMBI UNSRAT (Jurnal Ilmiah Manajemen Bisnis dan Inovasi Universitas Sam Ratulangi). Vol 13 No 1 (2026): JMBI UNSRAT Volume 12 Nomor 3
Publisher : Magister Manajemen Program Pasca Sarjana Universitas Sam Ratulangi Manado

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/jmbi.v13i1.67048

Abstract

This study aims to analyze the capital market reaction to events before and after the announcement of the 32% US tariff on Indonesia on manufacturing companies listed on the LQ45 index. Market reaction is measured through Abnormal Return and Trading Volume Activity with a quantitative approach using the Event Study method. The sample was determined using purposive sampling, with a sample size of six manufacturing companies listed on the LQ45 index for the period May-July 2025. The testing was conducted using a paired sample t-test and Wilcoxon signed rank test with an observation period of 7 days before and 7 days after the announcement. The results showed that there was no significant difference in abnormal return or trading volume activity before and after the tariff announcement. Thus, the announcement of a 32% tariff by the United States on Indonesia did not cause a significant reaction in the Indonesian capital market
Economic Innovation: The Digitalization of Public Financial Management in The Administration of Regional Original Earnings in North Sulawesi Lakat, Junior; Rotinsulu, Tri Oldy; Mangantar, Maryam
Airlangga Journal of Innovation Management Vol. 7 No. 1 (2026): Airlangga Journal of Innovation Management
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/ajim.v7i1.86861

Abstract

The exploration aims to analyze the capacity and application of public financial management digitalization across the electronification of local government transactions in improving the governance of Local Own-Source Earnings. This fact-finding engages a descriptive-analytical detail based on secondary data acquired from official government documents, regulatory shells, and institutional reports linked to regional financial digitalization policies. The discoveries indicate that public financial digitalization in Sulawesi Utara Province has been actively and coordinately enacted through the Regional Digitalization Acceleration and Expansion Team and has presented a path to strengthening LOSR governance, particularly in terms of transparency and accountability. This fact-finding concludes that the digitalization of public financial management is a major regional economic innovation. So far, to optimize its collision, it is advocated that local governments buttress the way absorption across earnings collection platforms, enhance digital position and technical training for financial management personnel, and expand quantifiable staging indicators to assess the quantitative collision of digitalization on regional proceeds. In addition, strengthening public trust and refining taxpayer digital literacy are essential to warrant extensive acceptance of non-cash agreements and uphold the viability of digital-based regional financial governa maintain sustainable customer loyalty in the Islamic fashion retail industry.
Co-Authors Abrini A.D Laluas Adityo Pratama Sidiki Adolfina ., Adolfina Andre Stefano Wowor Ariananda, Shanon Eunike Baramuli, Dedy N Batistuta Manumpil Boby Rantow Payu Claudyanti Jeivi Lahopang Dandel, Noldy P. David J. Umboh, David J. Dedy N. Baramuli Djemly, Woran Ferdinand J. Tumewu Ferdinand Tumewu Fitty Valdi Arie Frederik G. Worang, Frederik G. Gala, Mery Joy Gunawan, Emilia Hadiningrat, Elia W. Hariman, Edward . Imbang, Anatasya Stevani Elisabet Indra Budiarjo, Indra Indrie D. Palandeng Ivonne S. Saerang Jacky S. B. Sumarauw Jalung, Karlinda James D.D. Massie Jessy J. Pondaag Joy Elly Tulung JUNIOR LAKAT Kalengkongan, Tesalonika S. Kalumata, Lisy Militia Christy Gracia Kindangen, Monica B. Kogoya, Octofian Papuanus Handali Komaling, Cindy Lapian, Stanss L. H. V. J. Leatemia, Eliessye Monretha Lizi Manimpurung Lontoh, Anggie Angeline Maretha Lumain, Riedle Lumentut, Faldy G. Magdalena Wullur Mamosey, Grasia Putri Manaida, Asty Maria Mangantar, Arif A.A Mangeta, Sevanya A. Maramis, Joubert B. Maria Tielung Maria V. J. Tielung Menaung, Chandra Amelia Merinda H. Ch. Pandowo Merlyn Karuntu Mokodaser, Rexaldo C. Nababan, Melisa Neisye Untu, Victoria Neisye Nugroho, Daniel ` Paledung, Febriani L. Paoki, Tifany T. Paparo, Sania Paulina Van Rate Paulina Van Rate Peggy Adeline Mekel Pessak, Zefanya C E Pondaag, Gracia R. M. Rahman, Khairunnisa I. T. Rambing, Maria Rawis, Chrestini Regina Rumondor, Regina Rizka Handayani Rogi, Mira Rogi, Mirah Rogi, Mirah H. Rumbay, Wulandary E. T. Rumokoy, Lawren J. Rumokoy, Lawren Julio Rundengan, Praycilia Runtunuwu, Albertus Gerardi Saerang, Regina Sambeta, Agrita Priti Sambouw, Agnes F. O. Sangkoy, Richard Imanuel Satriyo, Sagitta Sauba, Yulitha K. Sella Machmud, Sella Sientje C. Nangoy Sientje Nangoy, Sientje Siwy, Dominic Emanuela Chinara Sri Murni Sri Murni Rustandi, Sri Murni Tambun, Lingkan Hanna Tangkuman, Miraldha Jane Tasik, Hizkia H. D. Thomas, Gailyn Josephine Tilaar, Kesye Karlina Tiwouw, Merry Tombokan, Gladies L. M. Tri Oldy Rotinsulu Tumbuan, Willem J.F.A. Untu, Victoria Neisye Waani, Novel C. Wangke, Shinta J. C. Warouw, Aurilia Wewengkang, Caeli B. P. Winston Pontoh Wongkar, Chindy Wongkar, Kevin Roseveld Fernando Yantje Uhing Yufika Injillia Poniskori Yunita Mandagie, Yunita Mandagie Zadrak, Keyzia