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Pengaruh Leverage, Struktur Kepemilikan, dan Inovasi Terhadap Kinerja Keuangan pada Perusahaan Sektor Infrastruktur, Utilitas, dan Transportasi Periode 2019-2023 Sari, Septiana Dewi Kartika; Meidiaswati, Harlina
Jurnal Ilmu Manajemen Vol. 13 No. 1 (2025)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jim.v13n1.p39-51

Abstract

This study aims to examine the effects of leverage, ownership structure, and innovation on the financial performance of firms. A quantitative approach was employed, utilising secondary data sourced from companies in the infrastructure, utility, and transportation sectors listed on the Indonesia Stock Exchange during the period 2019–2023. The sample consisted of 30 companies selected through purposive sampling. Data analysis was conducted using multiple linear regression with IBM SPSS 25. The findings indicate that leverage has a significant negative effect on financial performance, as measured by return on assets (ROA). This suggests that excessive reliance on debt may lead to financial distress due to increased interest obligations, although debt utilisation can be beneficial when tax shields outweigh the costs. Furthermore, managerial and institutional ownership, components of ownership structure, exert a significant positive influence on financial performance, likely due to their role in mitigating agency conflicts between principals and agents. However, ownership concentration was found to have no significant impact on performance. Innovation also demonstrated a significant positive effect on financial performance. Based on these results, firms are advised to manage leverage carefully, as higher debt levels can adversely affect performance. Conversely, enhancing managerial and institutional ownership, alongside fostering innovation, may serve as effective strategies for improving financial outcomes.
Pengembangan Rencana Bisnis Untuk Menumbuhkan Jiwa Wirausaha Pelajar Indonesia di Filipina Witjaksono , Andre Dwijanto; Hartono, Ulil; Sanaji, Sanaji; Artanti, Yessy; Meidiaswati, Harlina; Ramadhan, Muhammad Rizky
Abimanyu : Jornal of Community Engagement Vol 6 No `1 (2025): February 2025
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/abi.v6n`1.p1-7

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The purpose of this service activity is to improve the understanding of management management, through a business plan development program to foster an entrepreneurial spirit for Indonesian students in the Philippines who are members of the Indonesian Students Association of the Philippines. (PPIF). The activity was carried out based on the results of the initial situation analysis of the FEB UNESA community service team, on financial and other constraints experienced by students and students during further studies in the Philippines. Activities are carried out with the stages of preparation, implementation, ending with monitoring and evaluation. In the preparation stage, training materials were prepared according to the needs of the participants as well as field coordination. PKM activities were carried out on July 6 and 7, 2024 at the Adventist International Institute of Advanced Studies (AIIAS) campus on Aquinaldo Highway, Km. 45.5, Lalaan I, Silang, Cavite 4118, Philippines. The evaluation results showed an increase in participants' understanding of the basic concepts of entrepreneurship, management in general, operations management of businesses, as well as how to find and develop business model canvas ideas by considering financial feasibility through capital budgeting. Participants were very enthusiastic about the training and understood the material provided. Overall, participants were satisfied with the implementation and quality of the training, with an evaluation score of 4.80 on a scale of 1-5. The high value of participant satisfaction was due to the fact that the training was conducted according to schedule in a comfortable atmosphere.
Pengaruh Liquidity, Leverage, Company Efficiency, Sales Growth, Firm Size, dan Market Power Terhadap Profitabilitas Perusahaan Pada Sektor Pertanian yang Terdaftar di Bursa Efek Indonesia (BEI) Periode Tahun 2018-2022 Parlaungan Putri, Gabriella Alneivadha; Meidiaswati, Harlina
Jurnal Ilmu Manajemen Vol. 13 No. 2 (2025)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jim.v13n2.p389-404

Abstract

This study aims to determine the effect of liquidity, leverage, company efficiency, sales growth, firm size, market power on company profitability as measured by Return on Asset (ROA). The study population is agricultural sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2022. The sample was taken by purposive sampling to obtain 16 companies. The analysis technique used is multiple linear regression. The results of the study indicate that liquidity has a significant negative effect on company profitability, leverage does not affect company profitability, company efficiency has a significant positive effect on company profitability, sales growth does not affect company profitability, firm size does not affect company profitability, and market power has a significant positive effect on company profitability. Based on these results, companies are advised to balance between adequate liquidity and efficient use of funds, companies must also utilize their assets efficiently to increase their productivity, and need to strengthen their position in the market to maintain competitive advantage.
The Effect of Regional Financial Ratios on the Regional Financial Performance of Regency/City Governments in East Java Province During the COVID-19 Pandemic and After COVID-19 Santoso, Dwi; Meidiaswati, Harlina
Journal Research of Social Science, Economics, and Management Vol. 4 No. 12 (2025): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v4i12.915

Abstract

This study aims to analyze the effects of the Regional Financial Independence Ratio, Local Revenue Effectiveness Ratio (PAD), Regional Expenditure Efficiency Ratio, Regional Expenditure Management Ratio, Local Revenue Growth Ratio, and Fiscal Decentralization Degree Ratio on the financial performance of local governments. It also investigates the differences in financial performance before and after the COVID-19 pandemic in regencies and cities across East Java Province. Multiple linear regression analysis and the paired samples test are used in this quantitative study. The study uses secondary data from the regional budget realization reports (APBD), sourced from the official website of the Directorate General of Fiscal Balance (DJPK), Ministry of Finance of the Republic of Indonesia. The sample includes 38 regencies/cities over the 2020–2023 period, with a total of 152 observations. The results indicate that partially, only the Local Revenue Growth Ratio has a significant effect on financial performance, while simultaneously, all financial ratios show significant influence. These outcomes are interpreted through the mathematical logic of each ratio and supported by previous research. Furthermore, the paired sample test reveals significant differences in financial performance between the pandemic and post-pandemic periods, suggesting a decline after the pandemic. The findings underscore the crucial role of local revenue growth in enhancing financial performance and highlight the importance of adaptive fiscal recovery strategies in the post-pandemic era. This study is expected to serve as an evaluative reference for local governments in formulating more effective and sustainable financial management policies.
MEMBERDAYAKAN PEREMPUAN DESA: PELATIHAN KEUANGAN PERSONAL UNTUK KESEJAHTERAAN ANGGOTA SEKOLAH PEREMPUAN DI DESA DOORO, GRESIK Kusumawati, Nunik Dwi; Meidiaswati, Harlina; Ramadhan, Muhammad Rizky; Husain, Muhammad
Jurnal Abdi Insani Vol 12 No 2 (2025): Jurnal Abdi Insani
Publisher : Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/abdiinsani.v12i2.2262

Abstract

Pelatihan pengelolaan keuangan personal bagi anggota Sekolah Perempuan (Sekoper) di Desa Dooro, Gresik, bertujuan meningkatkan literasi keuangan dan memberdayakan perempuan desa. Program ini membantu mengatasi tantangan seperti kurangnya pencatatan keuangan, perencanaan anggaran, dan pengelolaan risiko finansial. Melalui pendekatan partisipatif, pelatihan ini mencakup pemberian materi dan pendampingan praktis. Tujuan pelatihan ini adalah meningkatkan literasi keuangan dan memberdayakan perempuan desa untuk mengelola keuangan dengan lebih baik, serta mengurangi risiko kesalahan pengeluaran dan utang yang tidak terkendali. Metode yang digunakan dalam pelatihan ini adalah pendekatan partisipatif dengan pemberian materi, pendampingan praktis, dan evaluasi berbasis pre-test serta post-test. Pelatihan manajemen keuangan secara efektif meningkatkan pemahaman peserta tentang keuangan pribadi dan bisnis. Topik utama mencakup perencanaan keuangan, manajemen utang, penyusunan anggaran, dan pengendalian pengeluaran. Latihan praktis dan simulasi memperkuat pembelajaran, menghasilkan rata-rata jawaban benar sebesar 92% dalam uji pemahaman pasca-pelatihan. Umpan balik peserta menunjukkan tingkat kepuasan tinggi, dengan 86,67% menilai pelatihan sebagai "memuaskan" atau lebih. Program ini berhasil memenuhi kebutuhan peserta, menunjukkan komunikasi yang efektif, serta memastikan kejelasan materi. Temuan ini menegaskan dampak program dalam meningkatkan literasi keuangan dan pengambilan keputusan finansial yang bertanggung jawab.Program ini diharapkan memberikan dampak positif jangka panjang bagi kesejahteraan ekonomi perempuan desa dan menjadi model yang dapat direplikasi untuk memberdayakan perempuan di komunitas lain.
Pengaruh financial attitude, income, locus of control, financial literacy terhadap financial management behavior gamers yang melakukan transaksi lootbox pada game Genshin Impact Adiputra, Prima William; Harlina Meidiaswati
Jurnal Ilmu Manajemen Vol. 13 No. 3 (2025)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jim.v13n3.p645-660

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This study aims to investigate the factors that can influence the financial management behaviour of Genshin Impact gamers who engage in lootbox transactions. The study employs a quantitative approach; this research utilises primary data collected from 176 individuals characterised as gamers who have an income and have made transactions within Genshin Impact. The collected data was processed using SEM-PLS (Structural Equation Modelling-Partial Least Squares) analysis with the aid of SmartPLS 4 software. The results of this study indicate that the variables financial attitude and locus of control have a significant effect on financial management behaviour. In contrast, the variables income and financial literacy do not influence financial management behaviour. Therefore, the impliactions of this research highligt the importance for gamers to cultivate positive financial attitudes through awareness in managing expenses, savings and long-term goals. Gamers who actively engage in in-game transactions should strengthen internal control to resist external pressures such as lootbox promotions or community influence, enabling more rational decisions aligned with personal needs and financial capacity. Moreover, gamers need to understand that the higher the income does not automatically lead to good financial management behavior; effective financial management is required regardless of income level. Financial literacy should be applied into daily habits so that it can supports more sustainable financial decisions, rather than just theoretical understanding. Consistent financial management behavior can help gamers avoid impulsice spending and maintain financial well-being
Pelatihan Start-Up Digital Melalui Digital Branding dan Desain Kemasan Visual Pada UKM di Pasar Tradisional Nilowati, Kelurahan Kraton, Kecamatan Maospati, Kabupaten Magetan Artanti, Yessy; Witjaksono, Andre Dwijanto; Sanaji; Hartono, Ulil; Meidiaswati, Harlina
Abdimas Awang Long Vol. 8 No. 1 (2025): Januari, Abdimas Awang Long
Publisher : Sekolah Tinggi Ilmu Hukum Awang Long

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56301/awal.v8i1.1414

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Revolusi Industri 4.0 menuntut pelaku usaha untuk mengikuti perkembangan teknologi guna tetap kompetitif, termasuk dalam hal perencanaan, pengelolaan, pemasaran, dan pelaporan. Tuntutan ini juga dirasakan oleh pedagang di Pasar Tradisional Nilowati, Kelurahan Kraton, Kecamatan Maospati, Kabupaten Magetan, yang memiliki keunikan penggunaan koin tempurung kelapa sebagai alat transaksi dan pakaian tradisional Jawa berupa kain lurik. Meskipun pasar ini dikenal luas berkat kegiatan branding yang telah dilakukan, pengelolaan branding sebagai sarana promosi produk unggulan dan pembangunan citra merek yang berkelanjutan masih terkendala oleh keterbatasan literasi teknologi, khususnya dalam digital branding dan desain kemasan. Program PKM ini bertujuan untuk memberikan solusi melalui pelatihan digital branding dan desain kemasan yang lebih aman dan menarik bagi para pedagang di pasar tersebut. Pelatihan digital branding difokuskan untuk meningkatkan minat masyarakat terhadap produk unggulan dengan memperkenalkan media sosial sebagai platform pemasaran, sementara pelatihan desain kemasan menekankan pada aspek kebersihan dan keamanan, sambil mempertahankan nilai tradisional kemasan. Kegiatan ini telah diikuti oleh 13 para pedagang makanan dan minuman yang berjualan di Pasar Nilowati. Kesemua peserta telah mendapatkan pelatihan mengenai digital branding dan desain kemasan. Dikarenakan bahwa pasar tradisional ini tetap mempertahakan keunikan kemasan tradisional sebagai nilai jual, maka pelatihan tentang kemasan lebih ditujukan agar kemasan tersebut lebih higienis. Sedangkan pelatihan tentang digital branding telah diberikan dengan memperkenalkan beberapa media sosial yang bisa dicoba oleh para pedagang dan melatih tahap demi tahap untuk bisa menginformasikan dan memasarkan produk-produk makanan dan minuman melalui media sosial tersebut. Target luaran program PKM ini adalah meningkatnya kemampuan mitra dalam memasarkan produknya secara online melalui media sosial sehingga bisa meningkatkan penjualan setiap harinya selain penjualan di hari minggu. Tujuan dan target luaran ini telah tercapai melalui pelatihan digital branding dan desain kemasasan visual yang menghasilkan produk-produk seperti desain logo usaha, pembuatan website bisnis, content marketing dan lain-lain.
Indikator Makro Ekonomi dan Pengaruhnya pada Indeks Saham Sektor Infrastruktur Indonesia Meidiaswati, Harlina; Kusumawati, Nunik Dwi
Journal of Infrastructure Policy and Management (JIPM) Vol. 6 No. 1 (2023): Journal of Infrastructure Policy and Management (JIPM)
Publisher : PT Penjaminan Infrastruktur Indonesia (Persero)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35166/jipm.6.1.69-75

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This research examines the influence of macroeconomics as measured by exchange rates, interest rates and inflation on the movement of the Infrastructure industry stock indeX in Indonesia (IDXINFRA). This research uses secondary data: infrastructure industry sector stock index, Indonesian bank interest rates, inflation, and exchange rates taken monthly for an observation period from January 2020 to October 2023, resulting 34 data. Time series data analysis was carried out using a multiple linear regression approach. The test results show that partially, the exchange rate has a positive effect and interest rates have a negative effect, while inflation has no effect. Further research can be carried out by considering micro factors in addition to macro factors which are proven to influence the movement of the Infrastructure Industry Stock Indeks (IDXINFRA).
ANALISIS PENGUKURAN RASIO KEUANGAN TERHADAP PROFITABILITAS BANK UMUM SWASTA NASIONAL (BUSN) NON DEVISA Sihotang, Ellen Theresia; Ngempeng, Fortunata Yuni Artati; Rokhmania,; Meidiaswati, Harlina
Jurnal Ilmu Manajemen Vol 11 No 4 (2023)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jim.v11n4.p833-846

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Banks, as intermediaries in their operational activities, have to gain the trust of the public. One way to gain this trust is through measuring the bank’s financial performance. The purpose of this study is to analyze the simultaneous and partial effects of Asset Ratio (LAR), Non-Performing Loan (NPL), Interest Rate Ratio (IRR), Cost Income Ratio (CIR), and based Income Ratio (FBIR) on Return on Asset (ROA). This study used judgment sampling with four samples from the Non-Foreign Exchange National Public Private (BUSN) population. The period of study is from 2015 to the second quarter, 2022. The result of this study revealed that LAR, NPL, IRR, CIR and BIR are simultaneously significant on ROA. LAR is partially positive and significant on ROA. IRR and CIR are partially negative and significant on ROA. NPL and FBIR are partially not significant on ROA because the percentage of interest-income earned is smaller due to a large number of non-performing loans. CIR is the most influential variable in the decrease of ROA. The implication of this study on the banking industry is that banks have to pay attention to the level of liquidity of their total assets. Efficiency of operating costs and paying attention to market interest rates on lending and funding to maximize profit and income and increase ROA.
PENGARUH FAMILY FINANCIAL SOCIALIZATION, INCOME, SELF-CONTROL, DAN FINANCIAL ATTITUDE TERHADAP SAVING BEHAVIOR GENERASI SANDWICH DI KOTA SURABAYA Luthfiannisa, Galuh; Meidiaswati, Harlina
Jurnal Ilmu Manajemen Vol. 12 No. 1 (2024)
Publisher : Universitas Negeri Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26740/jim.v12n1.p71-82

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This study examines the influence of Family Financial Socialization, Income, Self-control, and Financial Attitude on Saving Behavior of the Sandwich Generation in Surabaya. The data collection technique was carried out using purposive sampling with a total of 200 respondents. Questionnaires were distributed online and offline to minimize misinterpretation from respondents. The results showed that the variables of Family Financial Socialization, Income, Self-control, and Financial Attitude had a positive effect on Saving Behavior of the Sandwich Generation in Surabaya. This is because, good financial socialization from parents can shape positive financial attitudes and behaviors, including saving behavior. In addition, the higher a person's income level, the higher the level of consumption and savings, due to the lack of barriers compared to low-income people. A person with good self-control will be able to avoid consumptive behavior, delay desires, determine a priority scale and focus on long-term financial goals. Financial Attitude has a positive effect on saving behavior because good financial attitudes reflect the ability to manage risk and mature financial planning.