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How Capital Structure and GCG (Good Corporate Governance) Shape Firm Value: Evidence from Property Firms) Aisyah, Siti; Purwanto, Agus
JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi) Vol. 9 No. 3 (2025): December
Publisher : Program Studi Akuntansi Universitas Langlangbuana Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36555/jasa.v9i3.2926

Abstract

This study investigates the influence of capital structure, profitability, and good corporate governance on firm value in the Indonesian property, real estate, and construction sectors. The research aims to provide empirical evidence on how financing decisions, financial performance, and governance mechanisms affect firm value in a post-pandemic period when the sector faces significant challenges. The study used purposive sampling to select 57 firms listed on the Indonesia Stock Exchange during 2021–2023. Multiple linear regression analysis was applied to examine the relationship between the variables. The findings reveal that capital structure, measured by the debt-to-equity ratio, has a significant positive effect on firm value, while profitability, measured by return on assets, does not influence firm value. In contrast, the presence of independent commissioners as a proxy for good corporate governance significantly enhances firm value. Compared to previous studies, the results show a divergence in the role of profitability, suggesting that investor valuation is not always aligned with accounting performance indicators. The study highlights the importance of governance structures and optimal financing decisions in maintaining firm value during periods of economic uncertainty. The research concludes that future studies should incorporate additional variables such as firm size or dividend policy and apply more advanced analytical methods to provide deeper insights.
Authentic Leadership and Innovation: What is the Role of Psychological Capital? Novitasari, Dewiana; Siswanto, Edy; PURWANTO, AGUS; Fahmi, Khaerul
International Journal of Social and Management Studies Vol. 1 No. 1 (2020): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (518.736 KB) | DOI: 10.5555/ijosmas.v1i1.1

Abstract

This research aims to measure the effect of authentic leadership style and psychological capital on the innovative work behavior of a manufacturing company in Indonesia. Psychological capital also plays a role as a mediation between the relationship between authentic leadership and innovative work behavior. Data collection was carried out by simple random sampling to the 303 population. The returned and valid questionnaire results were 231 samples. Data processing was using the SEM method with SmartPLS 3.0 software. The results of this research are authentic leadership style and psychological capital have a positive and significant effect on innovative work behavior. Psychological capital as a mediator for the relationship between authentic leadership style and innovative work behavior. This novel research is proposing a model to enhance innovative work behavior among employees of a manufacturing company in Indonesia through authentic leadership practice and psychological capital. This research can pave the way to improve employee readiness in facing global business competition.
The Effect of Work-Family Conflict and Social Support on Job Satisfaction: A Case Study of Female Employees in Indonesia Asbari, Masduki; Purwanto, Agus; Sudargini, Yuli; Fahmi, Khaerul
International Journal of Social and Management Studies Vol. 1 No. 1 (2020): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (292.463 KB) | DOI: 10.5555/ijosmas.v1i1.3

Abstract

This study aimed to measure the effect of work-family conflict and social support (supervisor, peer, and family support) on the job satisfaction of the female employees of two private companies in Indonesia. Data collection was done by simple random sampling of 145 population of female employees. The returned and valid questionnaire results were 139 samples. Data processing was used SEM method with SmartPLS 3.0 software. The results of this study concluded that work-family conflict, peer support, and family support have a significant effect on job satisfaction. Meanwhile, supervisor support has not a significant effect on job satisfaction. This new research proposed a model for building job satisfaction among the private company employees in Indonesia through enhancing social support and manage work-family conflict.
Effect of Psychological Capital and Authentic Leadership on Innovation Work Behavior Purwanto, Agus; Asbari, Masduki; Hartuti, Hartuti; Setiana, Yuni Nuraeni; Fahmi, Khaerul
International Journal of Social and Management Studies Vol. 2 No. 1 (2021): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (651.761 KB) | DOI: 10.5555/ijosmas.v2i1.4

Abstract

This research aims to measure the effect of authentic leadership style and psychological capital on the innovative work behavior of a manufacturing company in Indonesia. Psychological capital also plays a role as a mediation between the relationship between authentic leadership and innovative work behavior. Data collection was carried out by simple random sampling to the 213 population. The returned and valid questionnaire results were 195 samples. Data processing was using the SEM method with SmartPLS 3.0 software. The results of this research are authentic leadership style and psychological capital have a positive and significant effect on innovative work behavior. Psychological capital as a mediator for the relationship between authentic leadership style and innovative work behavior. This novel research is proposing a model to enhance innovative work behavior among employees of a manufacturing company in Indonesia through authentic leadership practice and psychological capital. This research can pave the way to improve employee readiness in facing global business competition.
Effect of Hard Skills, Soft Skills, Organizational Learning and Innovation Capability on Islamic University Lecturers’ Performance Purwanto, Agus; Santoso, Priyono Budi; Siswanto, Edy; Hartuti, Hartuti; Setiana, Yuni Nuraeni; Sudargini, Yuli; Fahmi, Khaerul
International Journal of Social and Management Studies Vol. 2 No. 1 (2021): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1196.25 KB) | DOI: 10.5555/ijosmas.v2i1.5

Abstract

The purpose of this research was to measure the effect of hard skills, soft skills, organizational learning, and innovation capability on the lectures performance of an Islamic University in Indonesia. Data collection was done by simple random sampling to 261 population an Islamic University in Indonesia. The returned and valid questionnaire results were 244 samples. SEM method with SmartPLS 3.0 software is used for data processing. The findings of the study reveal that hard skills, soft skills, organizational learning, and innovation capability have a direct positive and significant effect on the lecturer's performance. Besides, soft skills have the greatest influence on lecturer performance among other variables. This research proposed a model for building the lecture's performance among the lecturers of an Islamic University in Indonesia through enhancing hard skills, soft skills, organizational learning, and innovation capability. This research could pave the way to improve the lecturer readiness in facing the 4.0 education era.
The Influence of Social Support Factors on Performance: A Case Study of Elementary School Teachers Novitasari, Dewiana; Asbari, Masduki; Purwanto, Agus; Fahmalatif, Farida; Sudargini, Yuli; Hidayati, Laily Hidayati; Wiratama, Jansen
International Journal of Social and Management Studies Vol. 2 No. 1 (2021): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (451.616 KB) | DOI: 10.5555/ijosmas.v2i1.6

Abstract

This study aims to measure the effect of social support (supervisor, peer, and family support) on teacher performance in five private elementary schools in Tangerang. Data collection was carried out by simple random sampling to 102 primary school teacher populations. The results of the questionnaire were valid and returned as many as 92 samples. Data processing using SEM method with SmartPLS 3.0 software. The results of this study concluded that all social support factors consisting of supervisor support, peer support, and family support had a positive and significant effect on performance. While the support supervisor has no significant effect on the performance of elementary school teachers. This new research proposes a model for building performance among private primary school teachers in Tangerang through increasing social support for teacher employment.
The Effect of Religiosity and Service Quality on Job Satisfaction: A Case Study of MSME Employees Amri, Whan Augustin Ainul; Asbari, Masduki; Gazali, Gazali; Novitasari, Dewiana; PURWANTO, AGUS
International Journal of Social and Management Studies Vol. 2 No. 1 (2021): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (551.162 KB) | DOI: 10.5555/ijosmas.v2i1.7

Abstract

This study aims to analyze the effect of religiosity and service quality on job satisfaction in micro, small and medium enterprise (MSME) industry employees by taking a sample of 120 employees from ten MSME industries in Indonesia. The data collection method used a questionnaire. The analysis method uses Structural Equation Modeling (SEM), Smart PLS v.3.0. The results showed that religiosity had a positive and significant effect on service quality. Religiosity has a positive and significant effect on employee job satisfaction, and service quality has a positive and significant effect on employee job satisfaction. Research results can be used as a basis for improving and maintaining employee job satisfaction in MSME industries through increasing religiosity and service quality of company employees.
Linking Social Support and Performance in Higher Education Putra, Firdaus; Asbari, Masduki; Purwanto, Agus; Novitasari, Dewiana; Santoso, Priyono Budi
International Journal of Social and Management Studies Vol. 2 No. 1 (2021): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (440.297 KB) | DOI: 10.5555/ijosmas.v2i1.8

Abstract

This study aims to measure the effect of social support factors (supervisor, peer, and family support) on lecturer performance in a private university in Indonesia. Data collection was carried out by simple random sampling to 172 university lecturer populations. The results of the questionnaire were valid and returned as many as 112 samples. Data processing using SEM method with SmartPLS 3.0 software. The results of this study concluded that all social support factors consisting of supervisor support, peer support, and family support had a positive and significant effect on performance. While the support supervisor has no significant effect on the performance of lecturers. This new research proposes a model for building performance among private university lecturers in Indonesia through increasing social support for lecturer employment.
Developing Innovation Capability: Between Individual and Organizational Factors Nugroho, Yunianto Agung; Putra, Firdaus; Novitasari, Dewiana; Asbari, Masduki; Purwanto, Agus
International Journal of Social and Management Studies Vol. 1 No. 1 (2020): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (722.25 KB) | DOI: 10.5555/ijosmas.v1i1.9

Abstract

The purpose of this study was to measure the influence of individual soft skills as individual factor on lecturer innovation capability through organizational learning as a organizational factor and mediating variable. Data were collected by using simple random sampling to the lecturer population of a private higher education in Indonesia. The number of returned and valid questionnaires was 103 samples. Data were processed by using SEM with SmartPLS 3.0. The results of the study concluded that individual soft skills had positive and significant influence on lecturer innovation capability, both directly and indirectly through a mediating effect of organizational learning. This study proposed a model for improving lecturer innovation capability of lecturers in Indonesia through individual soft skills (as individual factor) and organizational learning (as organizational factor). This study can open the way to improve lecturer readiness in facing education 4.0 era.
Leadership in the Innovation Era: Transactional or Transformational Style? Putra, Arman Syah; Waruwu, Hatoli; Asbari, Masduki; Novitasari, Dewiana; Purwanto, Agus
International Journal of Social and Management Studies Vol. 1 No. 1 (2020): International Journal of Social and Management Studies (IJOSMAS)
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (506.962 KB) | DOI: 10.5555/ijosmas.v1i1.10

Abstract

The purpose of this study was to measure and compare the influence of transactional and transformational leadership on lecturer innovation capability. Data were collected by using simple random sampling to the lecturer population of private higher education in Indonesia. The number of returned and valid questionnaires was 101 samples. Data were processed by using SEM with SmartPLS 3.0. The results of the study concluded that transactional and transformational leadership had a positive and significant influence on lecturer innovation capability. This study proposed a model for improving the lecturer innovation capability of lecturers in Indonesia through enhancing leadership practice in higher education organizations. This study can open the way to improve lecturer readiness in facing the education 4.0 era.
Co-Authors ', Susilatri ', Yusralaini - Isdiyarto A Halim Adhianti, Puspita Dewi Adhisty Septia Hidayat Adhy Karyo Nugroho Adi Widodo Adiguna, Yogatama Aditya Bramana, Aditya Aditya Sukma Pawitra Adrian Nur Agung Budiarto, Agung Agus Salim Agustian Budi Prasetya, Agustian Budi Agustika, Dyah Kurniawati Agustina Ahmad Basuki ahmad yani Alimron, Alimron Amri, Whan Augustin Ainul Andalantama, Yudikha Andi Sumangelipu Andi Sunyoto Anditya, Krisma Angga Rahabistara Sumadji Anggaripeni Mustikasiwi Anggraini, Winda Nirwana Anggun Nugroho, Anggun Anindita Putri Nurmalita Sari Anis Chariri Anne Zulfia Antonius Budiawan Anwari Adi Nugroho, Anwari Apriliani, Enni Aqila Praditya, Rayyan Arditiyan, Arma Karisma Aris Mukimin Arkhan Subari Armania, Valerry Arum Purwandari Arya Dwi Sanjaya, Arya Dwi Asbari, Masduki Askiantari, Anisa Eka Aulia Rizka, Aulia Ayu, Tresna Ratna Ayunita, Dian Azis, Muh. Arkam Azmi Ramadhania Azzahra, Filosophia Bagus, Asep Bahy, Lanang Mustika Bida Cincin Kirana Budiman, Anatta Wahyu Budiyono Budiyono Cahyani, Erlien Dwi Cahyanti, Fiky Ariska Cahyono, Yoyok Chintya Fadila Laksmitaningrum Cholid Syahroni, Cholid Christianto Adhy Nugroho Dadan Rosana Damanik, Yogi Febriano Darmadi, Eko Agus Daulay, Dedy David Agustriawan Dela Safitri Dermawan, Ilham Aji Devisa, Fitrah Deyana, Deyana Dhanindra Prabowo, Dhanindra Dian Dian DinaPanuntun, Adama Dwi Harjanto, Ganang Dwi Nugroho, Setyawan Dwi Ratmono Dwinaeni, Etik Dylmoon Hidayat Dylmoon Hidayat, Dylmoon EDWAR EDWAR Efik Yusdiansyah Ema Utami Emha Taufiq Luthfi Endah Retno Dyartanti, Endah Retno Eneng Martini Eskundari , Ratna Dewi Fadli, Septi Aulia Fahmalatif, Farida Fajrin, Andira Falentina Lucia Banda Farhan, Akhmad Farida Ariyani Farida, Florentina Anif Faridawati, F Fathurrahman, Hanif Muhammad Fatkhurrahman, Januar Fauziawan, Affan Irfan Firdaus, Iqbal Fitri, Cicih Larasati Widya Gazali Gazali Gde Sastrawangsa, Gde Geifira, Ghaitsa Ginting, James Davidta Ginzania, Maria Gumelar, Abih Gunawan Santoso Gunawan, Ayub Hadion Wijoyo Hakim, Much Azizum Hanny Vistanty, Hanny Hapsari, Yanurita Dwi Haque, Marissa GraceHaque Hardi, M Hariyasasti, Yayuk Harmadji, Dwi Ekasari Hartuti Hartuti Hasnur, Rizfan Hatta, Nadisya Rachelia Hendri Widiyandari Heny Kusumayanti Hermansyah, Vicky HERY WINARSI Hidayah Dwiyanti Hidayati, Laily Hidayati hutagalung, leo Hyun, Choi Chi I Kadek Ariana, I Kadek I Made Suartika Ida Hayu Dwimawanti Ihyaul Ulum Imam Ghozali Imawati, Maria Fatmadewi Inayati Inayati Indah Epriliati Indrianto Indrianto Indriasari, Christina Innocentius Bernarto, Innocentius Irfan Fauziawan, Affan Irhamni Irnaning Handayani, Novarina Ischiadica Elharomy Ismail Ismail Ismail, Muhamad Yusuf Iya Purnama Sari Jidanah Darmiyati Joko Aryanto Joko Santoso Jumari, Arif Jusmita, Jusmita Karang Utama, I Wayan Karnawi Kamar, Karnawi Khaerul Fahmi Kirana, Bida Cincin Kulla Himmy Azz, Istajib Kuncoro Diharjo Kusnadi Kusnaedi, Edi Kusrini Lafendry, Ferdinal Laksmita, Nadea Cipta Larasati, Rakhma Fitria Leo Eladisa Ganjari Lestari, Silvi lestari, winda Levi Puradewa Liya Tri Khikmawati, Liya Tri Luisa Peny , Theresia Lounggina M Yunus Aks, Safriadi M. Suyanto, M. Ma'ruf, Maulana Machmud, Pajar Made Mahendra Jaya Maharief, Rama MAINNAH, MUTH Majid, Ghufron Nurul Mala, Nisrina Nuril Manalu, Lorence Marsiyah, Marsiyah Marta, Fadhillah Mashuri, Agus Alwi Mawardi, Iman Mega, Yuan Mety Nuraini Mintari, Nia Miratul Atiqah Mirayani, Rubi Misbachul Moenir, Misbachul Moniva, Anip Mubin, Shihabum Muhamad Rizal, Imam Muhamad Samsudin Muhammad Fairul Filza Muliati, Lisdewi Munir Munir, Munir Muttaqien, Muchamad Satya Nadeak, Multi Nafis Ayyasy, Ahmad Nasikhah, Lulukatin Nelza, Audea Briliana Nilawati Nilawati Niyarsih, Witri Noar Muda Satyawan Nofiyanti Nofiyanti, Nofiyanti Noormawati, Linda Septie Noveldesra Suhery Novitasari, Dewiana Nugroho, Yunianto Agung Nur Aini, Afifah Nur Cahyonowati Nur Kadarisman Nur Rokhimah Hanik Nur Zen, Nur nurbayti, Hania Nurhayati, Wakhida Nusantara, Wahyu Octavia, Ercilia Rini Oktari, Vivi Pahlevi, Andi Paini Sri Widyati Pangestu, Prestiani Yulia Parasdila, Hanaiyah Paryanto Pradana, Satria Edvan Nanda Praditya, Rayyan Aqila Prakoso, Ganang Prameswari, Mirza Pramono, Rudy Prasojoharto, Prayogo Prayuda, Rafie Zaidan Primaditya, Calvin Yusuf PRISILA, INGKA Purba, John Tampil Purno, Marhaendro Purwaningrum, Fajar Adhi Putra, Arman Syah Putra, Firdaus Rafzan, Rafzan Rahmaleli sakinah Ramadhan, Rikky Erlangga Ramdhan, Dimas Rame Rame, Rame Rantina, Meilanta Ratna Dewi Eskundari Ratnaningtyas, Endah Marendah Reny Yesiana Rhahmadanny, Rhahmadanny Ristiarini, Susana Riyanto, Eko Rizky Rizky, Rizky Roedavan, Rickman Romedia, Atra Rosdiana Sijabat Rosita, Galuh Chynintya Rosita royana, ida Rudyawan, Alfend Ruliaty, Lisa Rusadi, Bobi Erno S.Williana Kusumaningsih Sakfrasani, Fifi Sakinah, Rahmaleli Samsul Rizal Santoso, Priyono Budi Saputro, Ignatius Rinanto Cipto Dwi Sarasati, Wulandari Sari, Nurratri Kurnia Septia Lutfi Septianingrum, Parigi Akhiri Septianingtyas, Luhfi Sesilianus Fau Setiana, Yuni Nuraeni Setyawan, Ramadhan Indra Shavila, Dania Adelia Shihab, M. Ainun Shofwan Hanief Sidiq, Ilham sigit purnomo adi Silvy Djayanti Silvy Djayanti, Silvy Siregar, Izhary Siswanto, Edy Siti Aisyah Siti Novy Romlah Siwi P. M. Wijayanti Siwi P.M. Wijayanti Sjoekri, Adi Adriansyah Solikhin Solikhin Sri Mulyani Sri Rustianti Rustianti, Sri Rustianti Stephani Novitasari Christianingsih Kaluti Subandrio, Andri Slamet Sudargini, Yuli Suharjum, Suharjum Suharto, Toni Suherman, Alex Lukmanto Sukmawati, Klara Iswara Sulaiman, Anwar Sulistiana, Chindy Sumarna Sumarna Sunarsi, Denok Supriatna, Heri Sutedi Sutedi Suwarto Suwarto Syarifa Arum Kusumastuti, Syarifa Arum Tanjov, Yulia Estmirar Taufik Kurrohman Teguh Iman Santoso Temmy Setiawan, Temmy Tiara Nur sabila Tika Paramitha TONNY HIDAYAT Torik, Muhammad Tri . Wiharti Tugiyo Putri, An'umillah Dhi'fan Tumonglo, Delvia Uky Yudatama, Uky Vanesha, Nellya Anggun Wara Dyah Pita Rengga Waruwu, Hatoli Wicaksono, Kukuh Aryo Wijayanti, Laksmi Mayesti WINANTI, WINANTI Winarsih Winarsih Windyandari, Aulia Windyandari Wipsar Sunu Brams Dwandaru Wiratama, Jansen Wisnuwijaya, Rhyko Irawan Witri yanthy, Evy Yanti, Plapiana Yanuar, Hanif Fadli Yudanto, Yusuf Arya Yudha, Cornelius Satria Yuliani, Esse Yulita Setiawanta Yunilestari, Eta Yusim, Adi Kurniawan Yuvita Avrie Diany Zaidan Prayuda, Rafie Zaludin, Syafri