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Faktor yang menentukan corporate social responsibility pada sektor perbankan yang terdaftar di BEI
Maryujati, Arini Giri;
Leon, Farah Margaretha;
Purba, Yosephina Endang
Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Vol. 4 No. 10 (2022): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Publisher : Departement Of Accounting, Indonesian Cooperative Institute, Indonesia
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DOI: 10.32670/fairvalue.v4i10.1643
This study aims to analyze the factors that influence corporate social responsibility in banking sector companies listed on the IDX during the period 2014-2020. The data used in this study is secondary data sourced from the official website of Indonesia Stock Exchange (IDX). The research sample was selected using a purposive sampling method so that 24 companies were sampled. The novelty in this research is to use the SCV formula for CSR and the addition of the board of commissioners variable. The results show that profitability, liquidity, firm size, leverage have a positive effect on corporate social responsibility. Board size has a negative effect on corporate social responsibility. Foreign director, female director, board of commissioners size has no effect on corporate social responsibility. This shows that big profitability, liquidity, company size, leverage can encourage CSR activities and become investors' considerations. The benefits of CSR activities are an important assessment for investors to invest their capital..
Faktor-faktor yang mempengaruhi corporate social responsibility dengan kinerja keuangan sebagai variabel moderasi pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia
Siagian, Belinda Mora;
Leon, Farah Margaretha;
Purba, Yosephina Endang
Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Vol. 4 No. 10 (2022): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Publisher : Departement Of Accounting, Indonesian Cooperative Institute, Indonesia
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DOI: 10.32670/fairvalue.v4i10.1687
This study aims to analyze the factors that influence CSR with financial performance as a moderating variable in manufacturing companies listed on the IDX. The data used in this study is secondary data sourced from the annual reports and financial statements of manufacturing companies listed on the IDX during the 2015-2020 period. The research sample using purposive sampling method obtained a sample of 26 companies. The data analysis used is moderating regression analysis using Eviews 10. The results show that institutional ownership, managerial ownership and firm size have a positive and significant impact on CSR. Firm growth and debt ratio have no effect on CSR. Financial performance can moderate the direction of the positive relationship the influence of institutional ownership on CSR. Financial performance can moderate the direction of the negative relationship of managerial ownership on CSR. Financial performance cannot moderate the effect of firm growth on CSR. The results of this study provide information to management and investors where companies that have large institutional ownership can encourage CSR activities by paying attention to financial performance which can weaken the influence on CSR. Managerial ownership and large company size can encourage CSR activities by paying attention to financial performance which can strengthen the influence on CSR. In addition, improved financial performance and large institutional investors can encourage CSR activities. Declining financial performance and large managerial investors can also encourage CSR activities
Pengaruh kinerja CSR terhadap biaya utang dengan kualitas audit sebagai variabel moderasi di Indonesia
Anriasa, Lundi;
Leon, Farah Margaretha;
Purba, Yosephina Endang
Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Vol. 4 No. 11 (2022): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Publisher : Departement Of Accounting, Indonesian Cooperative Institute, Indonesia
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DOI: 10.32670/fairvalue.v4i11.1915
This study aims to examine the effect of corporate social responsibility performance on the cost of debt and audit quality as variables that can moderate the relationship between corporate social responsibility performance and the cost of debt. The control variables in this study consisted of firm size, tangbility, ROA, PBV, betarisk, dividends, and NDT. This study adds the leverage control variable as a novelty from previous research. Data collection was conducted using a purposive sampling method sourced from the annual reports of manufacturing companies listed on the Indonesia Stock Exchange (IDX) with certain criteria so that the number of samples in the study was 23 companies. Eviews 10 was used to test the hypothesis using the panel data regression analysis technique. The results of this study indicate that the performance of corporate social responsibility has a significant negative effect on the cost of debt. In addition, audit quality is able to moderate the effect of social responsibility performance on the cost of debt in a significant positive direction. The results of the control variables show that firm size, tangibility, ROA, and betarisk have a significant negative effect on the cost of debt. Meanwhile, the PBV and dividend variables have no effect on debt cost, whereas the NDT and leverage variables have a significant positive effect on debt cost.
Testing for break-even effect in the indonesian capital market
Yohanis, Yohanis;
Margaretha, Farah;
Usman, Bahtiar
Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Vol. 4 No. 11 (2022): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Publisher : Departement Of Accounting, Indonesian Cooperative Institute, Indonesia
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DOI: 10.32670/fairvalue.v4i11.2100
This study aims to find out whether investors experience a break-even effect. The research method used in this study was the Leal et al. (2017) method to find the break-even effect. The results show a break-even effect in several years, 2012 and 2015. This means that only in those two years did individual investors experience a break-even effect as indicated by the Proportion of Winners Additionally Purchased (PWAP), which was more significant than the Proportion of Losers Additionally Purchased (PLAP). The limitation of the research is that there are still several other methods that can be developed to find the break-even effect. Bullish and bearish market conditions are also expected to influence investors' decisions. The research implication for securities companies and capital market authorities is that it is necessary to support individual customers through education to avoid these two effects. Investors need to be aware of the break-even effect. Research on individual investors is still minimal. In addition, it uses a sample of secondary data from individual investor transactions to find the relatively new break-even effect on the Indonesia Stock Exchange.
Memahami Dimensi Ketidakpastian dari Layanan Perdagangan Saham Online di Indonesia
Al Ghifari, Umar Kholifa;
Ria, Fanny Roswita;
Fajrina, Zahrina;
Leon, Farah Margaretha
INOVATOR Vol 11 No 1 (2022): MARET
Publisher : prodima@fe.uika-bogor.ac.id
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DOI: 10.32832/inovator.v11i2.7189
"AbstraksiPesatnya perkembangan teknologi membuat sebagian masyarakat beralih dari jual beli tradisional menjadi perdagangan online, termasuk dalam perdagangan saham. Terdapat beberapa ketidakpastian dalam perdagangan saham secara online. Penelitian ini bertujuan untuk mengetahui efek dari berbagai ketidakpastian terhadap niat adopsi perdagangan saham secara online di Indonesia. Penelitian juga menjelaskan pengaruh kepercayaan dan manfaat yang diterima sebagai moderasi antara berbagai dimensi ketidakpastian dengan niat adopsi perdagangan saham online. Sampel penelitian didapatkan melalui kuesioner terhadap 170 responden. Responden adalah pelaku perdagangan saham. Studi menemukan efek negatif yang signifikan dari ketidakpastian teknologi yang dirasakan, ketidakpastian peraturan yang dirasakan, dan layanan tidak berwujud yang dirasakan terhadap niat adopsi perdagangan saham online. Asimetris informasi yang dirasakan tidak memiliki efek yang signifikan terhadap niat adopsi perdagangan saham online. Variabel kepercayaan dan manfaat yang dirasakan, masing-masing secara signifikan memoderasi hubungan antara niat adopsi perdagangan saham online dengan ketidakpastian teknologi yang dirasakan, ketidakpastian peraturan yang dirasakan, dan layanan tidak berwujud.AbstractThe rapid development of technology has made some people switch from traditional trading to online trading, including in stock trading. There are some uncertainties in online stock trading. This study aims to determine the effect of various uncer- tainties on the intentions to adopt online stock trading in Indonesia. The study also explains the effect of trust and perceived benefits as a moderator between various dimensions of uncertainty with the intentions to adopt online stock trading. The research sample was obtained through a questionnaire to 170 respondents. Re- spondents are stock traders. The study found a significant negative effect of per- ceived technology uncertainty, perceived regulatory uncertainty, and perceived service intangibility on intentions to adopt online stock trading. Perceived infor- mation asymmetry does not have a significant effect on intentions to adopt online stock trading. Trust and perceived benefits, significantly moderated the relation- ship between intentions to adopt online stock trading with perceived technologyuncertainty, perceived regulatory uncertainty, and perceived service intangibility."
The Relationship Effect of Board Characteristics and Company Characteristics on Corporate Social Responsibility
Udipta, Rizky Prastya;
Chandra, Kristian;
Margaretha, Farah
Business and Entrepreneurial Review Vol. 24 No. 1 (2024): April
Publisher : Universitas Trisakti
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DOI: 10.25105/v24i1.21322
This study aims to analyze the influence of board characteristics on CSR policies with the company characteristics as control variables. CSR policy in this study focuses on the amount of CSR costs incurred by the company to contribute to the social and community environment. The data used in this study are secondary data sourced from the annual reports of energy sub-sector companies listed on the Indonesian Stock Exchange (BEI) from 2016-2022. The research sample was selected using the purposive sampling method, resulting in 28 companies as the sample. The data analysis used for hypothesis testing is multiple regression analysis using the Eviews 9 program. The results of the study indicate that board characteristics, as indicated by the variables of board size and firm age, have a significant positive influence on CSR. The results also show that firm size has a significant positive influence on CSR performance, while leverage has a significant negative influence on CSR performance. These findings provide information that the increasing number of board members in important positions within a company will impact the high CSR performance, as well as the maturity of a company indicated by the years since going public will enhance the high concern for the environment. In addition, the level of company leverage will be one of the considerations for investors in investing capital as it will have a negative impact on the adopted CSR policies.
The Effect of Cash Flow and CSR Moderated by Corporate Governance
Wardana, Nofrizal Bagas;
Mutyarawati, Herlita;
Purwidyasari, Scholastica Meillia;
Lestari, Henny Setyo;
Leon, Farah Margaretha
Jurnal Keuangan dan Perbankan Vol 27, No 2 (2023): April 2023
Publisher : University of Merdeka Malang
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DOI: 10.26905/jkdp.v27i2.10685
This study analyzes and examines the effect that cash flow has on financial distress and corporate social responsibility through moderation by the role of corporate governance. The sample of companies applied is manufacturing companies in Indonesia and listed on the Indonesia Stock Exchange with the period 2019-2021. The samples that fit the criteria were found to be 44 companies. The data obtained through purposive sampling and using secondary data from the annual report published by each company. The results of this study indicate that financial distress t-1 has a positive effect on financial distress significantly. corporate social responsibility does not affect financial distress. Corporate governance has a positive effect on financial distress significantly. Cash flow has a negative and significant effect on financial distress. Leverage has a negative and significant effect on financial distress. Asset tangibility does not affect financial distress. Corporate governance moderates the effect of corporate social responsibility on financial distress.DOI: 10.26905/jkdp.v27i4.10685
Pemberdayaan Pengusaha UMKM melalui Pinjaman Berbunga Rendah Bersubsidi Pemerintah di Platform Digital
Chandra , Kristian;
Margaretha , Farah;
Nilasari , Medina;
Santosa, Budi;
Sasantyarini, Sasantyarini;
Rahmawati, Ulfi Naria;
Salshabilla, Vilda Lebbytha Dianie
Jurnal Pengabdian Masyarakat Akademisi Vol. 3 No. 3 (2024)
Publisher : Jurnal Pengabdian Masyarakat Akademisi
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DOI: 10.54099/jpma.v3i3.1068
Usaha Mikro, Kecil, dan Menengah (UMKM) memainkan peran penting dalam pembangunan ekonomi di Indonesia. Namun, banyak pengusaha UMKM yang menghadapi kendala dalam mengakses pembiayaan formal seperti perbankan, sehingga mereka bergantung pada sumber-sumber informal. Pemerintah Indonesia telah meluncurkan program Kredit Usaha Rakyat (KUR) untuk menyediakan akses pembiayaan dengan bunga rendah bagi UMKM. Di sisi lain, perkembangan teknologi digital juga menawarkan peluang bagi UMKM untuk mendapatkan permodalan tersebut melalui platform digital. Artikel ini bertujuan untuk mengeksplorasi bagaimana pemberdayaan UMKM dapat dilakukan melalui pemanfaatan Kredit Usaha Rakyat dengan dukungan platform digital.
The Effect of Credit Risk Management on the Financial Performance of Banks Listed on the IDX
Graficka Dea Evoney;
Margaretha, Farah
Jurnal Ilmiah Manajemen Kesatuan Vol. 12 No. 4 (2024): JIMKES Edisi Juli 2024
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan
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DOI: 10.37641/jimkes.v12i4.2658
This study aims to analyze the influence of credit risks such as non-performing loans (NPL), expected credit loss provision (ECL), and loan-to-deposit ratio (LDR) on the bank's financial performance as measured by the return on assets (ROA). This study uses purposive sampling as a sampling method. The sample taken is a conventional commercial bank company listed on the Indonesia Stock Exchange (IDX) for a five-year period from 2018 – 2022. Data were collected from 44 banks and analyzed using descriptive statistics and fixed-effect models for hypothesis testing. Data testing was carried out by panel data regression analysis method using E-views 9.0. The results of this study show that (1) NPL has a negative effect on ROA. An increase in NPLs will lower ROA, and vice versa. (2) ECL has a negative effect on ROA. An increase in ECL will lower ROA, and vice versa. (3) LDR has no effect on ROA. Banks need to maintain low NPLs and ECLs to maximize the bank's financial performance. Based on this research, banks are advised to conduct a careful credit evaluation before a loan application is approved. The researcher recommends that further research can add other independent variables that affect the financial performance of banks in order to get more accurate and general results.
Determinants Affecting Profitability in Insurance Companies in Indonesia
Ningsih, Shaprillia Chandra;
Leon, Farah Margaretha
Jurnal Riset Akuntansi dan Keuangan Vol 12, No 2 (2024): Jurnal Riset Akuntansi dan Keuangan. Agustus 2024 [DOAJ dan SINTA Indexed]
Publisher : Program Studi Akuntansi FPEB UPI
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DOI: 10.17509/jrak.v12i2.69273
This study aims to identify variables that affect insurance profitability in Indonesia. The addition of tangibility of asset variable as an independent variable is a novel part of this study. This research method involves collecting data from 25 insurance companies over a five-year period (2018-2022), and applying data processing analysis using panel data regression analysis techniques. The results found that underwriting risk has a negative impact on ROA, while reinsurance ratio has a negative impact on ROA. In contrast, tangibility of asset has a positive effect on ROA. Implications for financial managers to evaluate financial conditions and increase understanding of what factors can affect the profitability of insurance companies. This research also provides important information for investors in making invesments by assessing insurance copanies that have good financial performance.