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Strategi Inovasi Pembelajaran Berbasis Kasus dalam Manajemen Keuangan Perusahaan Jasa: Kolaborasi Antara Perguruan Tinggi dan Industri untuk Meningkatkan Kompetensi Mahasiswa Wufron; Riyadh Syabil; Arini Febriani; Mohammad Toha
Journal of Knowledge Management Vol 18 No 1 (2024): Journal of Knowledge Management
Publisher : Fakultas Ekonomi Universitas Garut

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52434/jkm.v18i1.43617

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Penelitian ini bertujuan untuk menganalisis penerapan metode studi kasus dalam meningkatkan kemampuan berpikir kritis dan antusiasme mahasiswa pada mata kuliah Manajemen Keuangan di Program Studi Manajemen Fakultas Ekonomi Universitas Garut. Metode studi kasus digunakan dalam tiga siklus pembelajaran untuk mengevaluasi kemampuan mahasiswa dalam mengidentifikasi masalah, menganalisis permasalahan, mencari informasi, mengambil kesimpulan, serta menyajikan hasil analisisnya di depan kelas. Hasil penelitian menunjukkan bahwa penerapan metode studi kasus mampu meningkatkan kemampuan berpikir kritis mahasiswa, terutama dalam topik-topik seperti pengelolaan arus kas, analisis laporan keuangan, keputusan investasi, dan perencanaan keuangan. Selain itu, tingkat antusiasme mahasiswa juga mengalami peningkatan yang signifikan, yang tercermin dari respons, ketertarikan, dan partisipasi aktif mereka selama perkuliahan. Peran dosen sebagai motivator, fasilitator, dan evaluator terbukti efektif dalam menciptakan suasana pembelajaran yang interaktif dan kondusif. Temuan ini memberikan kontribusi penting dalam pengembangan metode pembelajaran yang lebih relevan dan partisipatif di bidang manajemen keuangan.
Employee Ownership as a Corporate Governance Mechanism: Systematic Review of Agency Cost Implications in Capital Structure Theory Gilang Bhirawa Noraga; Arus Reka Prasetia; Widy Muchamad; Wufron Wufron
Jurnal Wacana Ekonomi Vol 25 No 02 (2026): Jurnal Wacana Ekonomi
Publisher : Fakultas Ekonomi Universitas Garut

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52434/jwe.v25i02.43643

Abstract

This systematic literature review synthesizes empirical evidence on the effects of employee ownership schemes on agency costs between shareholders and bondholders in publicly traded firms, identifies underlying causal mechanisms, and analyzes the implications for capital structure. The review follows the PRISMA 2020 guidelines, with a systematic search of the Scopus database. From 44 identified records, 11 studies passed the quality assessment; 8 of these provided sufficient empirical depth on the integrated employee ownership, agency cost, capital structure linkage and were retained for in-depth synthesis, while the remaining 3 studies are reported as supplementary evidence. Data were synthesized using narrative synthesis combined with thematic analysis and mechanism mapping. The included evidence is concentrated in the Chinese (50%) and French (37.5%) institutional contexts, with no studies from the United States, the United Kingdom, or other Anglo-Saxon markets captured by the search an explicit limitation that constrains external validity. The review reveals an asymmetric pattern: all 8 in-depth studies report that employee ownership consistently reduces equity agency costs through interest alignment, enhanced monitoring, and improved information quality, whereas the evidence on debt agency costs is moderate, context-dependent, and confined to two studies that document a curvilinear (U-shaped) relationship in which moderate levels reduce the cost of debt while excessive levels intensify bondholder concerns. Bondholder, shareholder conflict resolution itself remains substantially under-investigated; this gap is interpreted not as a defect of the review but as a substantive finding about the current state of the field. Employee ownership therefore functions as an effective governance mechanism for equity agency costs but requires careful calibration where bondholder protection is at stake. Critical research gaps were identified in the bondholder perspective, formal causal-mechanism testing, optimal ownership thresholds, long-term effects, and geographic representativeness, each of which is discussed as a priority for future inquiry.
PENGARUH LIVE STREAMING DAN ONLINE CUSTOMER REVIEW TERHADAP PURCHASE INTENTION PENGGUNA GENERASI Z DI TIKTOKSHOP Alvi Syahrin; Wufron Wufron; Gita Garliani
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 9 No 2 (2025): Edisi Mei - Agustus 2025
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v9i2.5925

Abstract

Tujuan penelitian ini adalah untuk mengevaluasi tingkat pengaruh aktivitas penjualan yang melibatkan live streaming penjualan dan review pelanggan online terhadap minat beli pengguna Gen Z TikTokShop. Penelitian ini dilakukan dengan pendekatan kuantitatif melalui metode deskriptif dan dianalisis menggunakan regresi linier berganda.. Data dikumpulkan dari 400 responden melalui kuesioner online dengan menggunakan skala likert. Penelitian ini membuktikan bahwa live streaming selling serta online customer review memberikan dampak positif dan signifikan, baik secara parsial maupun secara simultan terhadap purchase intention. Nilai koefisien determinasi sebesar 44% menunjukkan kontribusi model terhadap variabel purchase intention. Temuan ini menegaskan pentingnya optimalisasi fitur interktif dan review pelanggan dalam strategi pemasaran digital, khususnya untuk menjangkau konsumen generasi z.
PENGARUH DUKUNGAN SOSIAL TERHADAP KINERJA KARYAWAN DENGAN KEPERCAYAAN DIRI SEBAGAI VARIABEL MEDIASI PADA INDUSTRI GARMENT Rizqia Zahira Nuroni; Rohimat Nurhasan; Wufron Wufron
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 9 No 3 (2025): Edisi September - Desember 2025
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v9i3.6263

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Dalam lingkungan kerja yang kompetitif dan penuh tekanan, terutama di sektor industri garmen, dukungan sosial menjadi salah satu faktor penting yang dapat memengaruhi performa karyawan. Karyawan borongan, yang sering menghadapi ketidakpastian kerja dan tuntutan target tinggi, sangat membutuhkan dukungan dari lingkungan sekitar untuk meningkatkan kepercayaan diri dan kinerja mereka. Penelitian ini bertujuan untuk mengetahui pengaruh dukungan sosial terhadap kinerja karyawan yang di mediasi oleh kepercayaan diri. Penelitian ini menerapkan pendekatan kuantitatif, yang melibatkan 97 karyawan borongan pada industri garment. Data dikumpulkan melalui kuesioner dengan Skala Likert serta dianalisis menggunakan teknik PLS-SEM. Hasil penelitian ini mengungkapkan dukungan sosial terbukti memiliki pengaruh positif dan signifikan baik secara langsung terhadap kinerja maupun tidak langsung melalui kepercayaan diri sebagai mediator, sedangkan kepercayaan diri sendiri juga menunjukkan pengaruh positif signifikan terhadap kinerja karyawan. Pada temuan ini, kinerja karyawan borongan dapat dicapai secara lebih optimal jika organisasi dan lingkungan sekitar tidak hanya menyediakan dukungan sosial, tetapi juga secara aktif mendorong tumbuhnya kepercayaan diri sebagai fondasi psikologis yang memperkuat kualitas kerja.
FAKTOR DETERMINAN PERILAKU KONSUMTIF MAHASISWA GEN Z : LITERASI KEUANGAN, E-WALLET, ADVERTISING EXPOSURE DAN SELF-CONTROL Mohamad Badru Jaman; Eti Kusmiati; Wufron Wufron
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 9 No 3 (2025): Edisi September - Desember 2025
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v9i3.6303

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Penelitian ini bertujuan untuk menguji pengaruh literasi keuangan, penggunaan e-wallet, dan paparan iklan terhadap perilaku konsumtif mahasiswa Generasi Z, dengan self-control sebagai variabel mediasi. Studi ini didasari oleh model Stimulus–Organism–Response (SOR), yang memandang perilaku konsumtif sebagai respons dari stimulus eksternal yang dimediasi oleh faktor psikologis internal. Pendekatan kuantitatif digunakan dalam penelitian ini dengan metode Partial Least Squares Structural Equation Modeling (PLS-SEM). Sampel terdiri dari 210 mahasiswa aktif di Kabupaten Garut yang telah menggunakan e-wallet dan media sosial secara intensif selama 12 bulan terakhir. Instrumen penelitian berupa kuesioner tertutup dengan skala Likert lima poin yang mencakup lima konstruk utama: literasi keuangan, penggunaan e-wallet, advertising exposure, self-control, dan perilaku konsumtif. Hasil penelitian menunjukkan bahwa literasi keuangan memiliki pengaruh signifikan terhadap self-control, dan self-control berpengaruh negatif signifikan terhadap perilaku konsumtif. Mediasi self-control juga terbukti signifikan dalam hubungan antara literasi keuangan dan perilaku konsumtif. Sebaliknya, penggunaan e-wallet dan paparan iklan tidak menunjukkan pengaruh signifikan baik terhadap self-control maupun perilaku konsumtif secara langsung maupun tidak langsung. Temuan ini menekankan pentingnya aspek internal mahasiswa, khususnya self-control, dalam mengelola dorongan konsumtif di era digital. Penelitian ini memberikan kontribusi praktis bagi institusi pendidikan dalam merancang program literasi keuangan berbasis kontrol diri serta bagi industri digital untuk mempertimbangkan pendekatan etis dalam strategi pemasaran. Kata kunci: Literasi keuangan, e-wallet, Advertising Exposure, self control, perilaku konsumtif.
Pengaruh Green Human Resource Management dan Green Behavior terhadap Green Employee Performance pada Industri Fast Food di Kabupaten Garut Rini Siti Nurlaeli; Rohimat Nurhasan; Wufron
Jurnal Ekonomi Bisnis dan Manajemen Vol. 4 No. 1 (2026): EKOBIMA: Jurnal Ekonomi Bisnis dan Manajemen - Juni 2026
Publisher : POLITEKNIK LP3I

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38204/ekobima.v4i1.2922

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The researchers in this study set out to find out how well fast food workers in Garut Regency practice green HRM and environmentally conscious behavior. This study is motivated by the increasing environmental issues caused by the fast food industry, including food waste, plastic waste, and excessive energy use. In this quantitative study, 75 participants were chosen for the survey using a purposeful selection technique. The data was evaluated using multiple linear regression in SPSS. To back up the results, validity, reliability, and standard assumption tests were utilized. The results show that GHRM has a positive and significant effect on GEP (β = 0.081; p < 0.05), whereas GB has a larger influence (β = 0.276; p < 0.05). The combined effect of the two variables on GEP was substantial, with an adjusted R-squared value of 0.726. In addition to company policy, these findings demonstrate that employee behavior affects environmental performance. Businesses may do their part to encourage eco-friendly practices by bolstering waste management education, garbage sorting infrastructure, and environmental rewards.
Pengaruh Kualitas Produk Terhadap Keputusan Pembelian: Kepercayaan Sebagai Variabel Mediasi (Studi Kasus Eyeshadow Pinkflash) Helviani Rifdah Nazwa; Rahyuniati Setiawan; Wufron
Jurnal Ekonomi Bisnis dan Manajemen Vol. 4 No. 1 (2026): EKOBIMA: Jurnal Ekonomi Bisnis dan Manajemen - Juni 2026
Publisher : POLITEKNIK LP3I

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38204/ekobima.v4i1.2972

Abstract

This study uses a case study of Pinkflash Eyeshadow in the Indonesian market to assess the influence of product quality on consumer purchase decisions by looking at trust mediation. Using primary data gathered from a survey of 189 respondents who had performed one transaction, this study employs an expsplanatory quantitative methodology. The data was analyzed using the Partial Least Squares–Structural Equation Modeling (PLS-SEM) method. The findings demonstrated that product quality had a favorable and significant impact on purchasing decisions. Furthermore, high-quality products significantly increase consumer trust, which has a significant impact on purchasing decisions. Mediation testing indicates that consumer trust plays a role in mediating the relationship between product quality and purchasing decisions. This suggests that Effectiveness product quality in facilitating transactions is not only determined by product specifications, but also through product's ability to foster consumer trust. This study offers theoretical contributions to enhance the integration of consumer behavior and marketing perspectives, as well as practical implications for businesses in developing product strategies focused on maintaining a positive reputation and fostering trust.
Maintaining Banking Asset Quality Through Investor Sentiment: Evidence From KBMI 3 Banks In Indonesia Widy Muchamad; Dedi Supiyadi; Arus Reka Prasetia; Wufron Wufron; Ahmad Mudzakir
Journal of Business and Management Inaba Vol. 5 No. 1 (2026): Volume 5 Number 1, June 2026
Publisher : Universitas Indonesia Membangun (Inaba)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56956/bw8zex41

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This paper investigates the transmission mechanism through which capital structure decisions shape bank credit quality, with investor sentiment serving as the mediating channel. Drawing on a balanced panel of 11 KBMI 3-classified commercial banks listed on the Indonesia Stock Exchange over the 2021–2025 post-pandemic period, the study employs the Debt-to-Equity Ratio (DER), Price-to-Book Value (PBV), and Non-Performing Loan (NPL) as proxies for the respective constructs. The empirical strategy combines Random Effect Model (REM) estimation with bootstrap-resampling mediation analysis (5,000 iterations) to yield robust inference across 55 balanced observations. Estimation results show that DER does not exert a statistically significant direct influence on PBV, yet PBV demonstrates a significant inverse relationship with NPL. More importantly, the indirect effect of DER on NPL through PBV is statistically significant under bootstrap confidence intervals that exclude zero, confirming full mediation. The evidence points to market perception—captured by PBV—as the primary conduit through which funding-structure choices ultimately affect loan portfolio quality. Theoretically, the findings reconcile Signaling Theory, Trade-Off Theory, and Market Discipline Theory within a single mediating framework, enriching the literature on bank risk transmission in emerging economies. Practically, the results underscore the strategic value of cultivating positive investor sentiment as an indirect lever for reducing credit risk and reinforcing financial stability.
SUSTAINABLE FINANCIAL PERFORMANCE PERUSAHAAN MANUFAKTUR GO PUBLIC DI INDONESIA: DIANALISIS MELALUI PROFITABILITY DAN INTEREST COVERAGE Bintang Nabila Putri Ardiansyah; Wufron Wufron; Dioka Muhammad Akbar
JURNAL LENTERA BISNIS Vol. 15 No. 2 (2026): JURNAL LENTERA BISNIS, Mei 2026
Publisher : POLITEKNIK LP3I JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34127/jrlab.v15i2.2373

Abstract

This study examines the influence of core profitability measured by Gross Profit Margin (GPM) and debt-service capacity measured by Interest Coverage Ratio (ICR) on Sustainable Financial Performance (SFP), proxied by Return on Assets (ROA), among manufacturing companies listed on the Indonesia Stock Exchange. A quantitative causal approach with multiple linear regression (IBM SPSS) was applied to 30 observations from six companies (ASII, UNVR, INDF, KLBF, UNTR, SMGR) over 2020–2024 via purposive sampling. Findings indicate that GPM positively and significantly influences ROA, while ICR shows no significant partial effect. Jointly, GPM and ICR significantly explain ROA with an Adjusted R Square of 37.1%. Theoretically, this study reinforces the relevance of Resource-Based View Theory and Signaling Theory in explaining sustainable financial performance in the manufacturing sector. Practically, the findings guide management to prioritize GPM efficiency as a strategic focus, and assist investors in interpreting ICR as a credit-risk indicator rather than a direct profitability predictor.
KUALITAS PRODUK MEMPENGARUHI KEPUTUSAN PEMBELIAN IPHONE DI TAROGONG KALER KAB. GARUT Moh Rizky Nugraha; Ramayani Yusuf; Wufron Wufron
JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA) Vol 3 No 1 (2024): JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA)
Publisher : PUBLISHER ABISATYA DINAMIKA ISWARA PUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58268/eb.v3i1.98

Abstract

The growth of technology is in line with the times, the use of sophisticated communication tools is increasing. Smartphones have become a very useful communication tool used in activities and have become a means of supporting community activities. Product quality has an important role for the company and is the main thing in developing a product. Consumers make purchasing decisions after going through varios stages before deciding to make a purchase. The purpose of this research study is to find out what factors are related to product. The sampling technique distributed questionnaires to 100 respondents in the Tarogong Kaler area, Kab. Garut. Secondary data was obtained from previous research submitted by experts in the form of journal references, expert theories and library expert book references. Primary data comes from the result of a questionnaire sent to 100 respondents who have purchased IPhone smartphone products. The results of this research also state that IPhone products have good quality, therefore consumers are interested in IPhone products.
Co-Authors Abdul Fatah Hassanudin Ahmad Mudzakir Aji Abdul Wahid Akbari, Rizky Ayu Akmala Hadita Aldo Febrianka Alfia Fatwa Tiana Alia Tri Utami Alkautsar, Muslim Alvi Syahrin Arini Febriani Arrasyid, Fuji Fitriana Arus Reka Prasetia Ayu Hilda Inaya Ayuni, Sri Basit, Acep Abdul Bekti, Surya Garian Berliani, Syifa Bintang Nabila Putri Ardiansyah Bisma Ekalayang Ichanudin Bisma Jatmika Tisnasasmita Cecep Hamzah Pansuri Cupiadi, Hedi dewi, artika Dhamayanty, Stanny Diana Aulia Rahayu Dioka Muhammad Akbar Dody Hermana Eliya Fatma Harahap Fahmi, Jajang Ahmad Fakhrun Shiddieq, Diqy Fauziah, Hanifah Febriani, Arini Fikri Fahru Roji Ghaida Farisya Gilang Bhirawa Noraga Gita Garliani Hamdani, Nizar Alam Handayani, Tia Fitria Handayani, Wulan S Helviani Rifdah Nazwa Hermina, Tinneke Hermina, Tinneke Jatmika, Bisma Judijanto, Loso Kaila Sapana Dania Kurnaeli Kurnaeli Kurniawan, Deri Alan Kusmiati, Eti Lestari, Amik Ayu Magnaz Lestira Oktaroza Maria Rahmawati Moh Rizky Nugraha Mohamad Badru Jaman Mohammad Toha Mohammad Toha, Mohammad Mubarok, Syachrul Muchtar muchtar Muharam, Husni Muminin, Riyadh Sabilul Munawi, Ahmad Syarif Nissa Agniya Resmisari Nizmah Fitri Sani Nurhasan, Rohimat Nursifa, Dea Pupung Pundenswari, Pupung Rani Rahmayani Ridwan Ridwan Rini Siti Nurlaeli Riyad Sabilul Muminin Riyadh Syabil Rizkia, Agnia Suci Rizqia Zahira Nuroni Sabilulmumin, Riyad Setiawan, Rahyuniati Siska Marlina Solehah, Fitri Nur Sopi Fadilah Soviyan Munawar Stanny Dhamayanty Sunda Prabawa, Gitta Agdella Atmaja Sundapa, Deden Supiyadi, Dedi Susi Destianti Syarif Munawi, Ahmad Taofiqurrohman, Hendra Tri Lestari, Febrianti Wandini Rohmatin Sariyani Wati Susilawati Wati Susilawati, Wati Widy Muchamad Wisnu Wardani Yosep Septiana YUSUF, RAMAYANI Ziliwu, Randy Samadaya Zulfa, Siti Azizah