Claim Missing Document
Check
Articles

Found 24 Documents
Search

ANALISIS REAKSI INVESTOR SAHAM PERUSAHAAN RITEL TERHADAP RAMADHAN EFFECT DI BURSA EFEK INDONESIA Wisand, Sultan Risaldi; Fadah, Isti; Farida, Lilik; Awwaliyah, Intan Nurul; Utami, Elok Sri
VALUE: Journal of Business Studies Vol. 4 No. 1 (2025): VALUE : Journal of Business Studies
Publisher : Study Program of Management Faculty of Economics and Business University of Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/value.v4i1.53697

Abstract

Penelitian ini bertujuan untuk mengkaji dan menganalisis reaksi investor di pasar modal pada bulan Ramadan 2024 dengan fokus pada abnormal return saham perusahaan ritel yang tercatat di Bursa Efek Indonesia. Penelitian ini menggunakan metode event study dengan menganalisis return sebelum dan sesudah Ramadan, dengan menggunakan uji normalitas Shapiro-Wilk, dimana tingkat signifikansi di atas 5% menunjukkan data berdistribusi normal, dan di bawah 5% menunjukkan data berdistribusi tidak normal. Pengujian hipotesis dilakukan dengan menggunakan Paired Sample T-Test untuk data berdistribusi normal dan Wilcoxon Signed Rank Test untuk data berdistribusi tidak normal. Alat analisis yang digunakan antara lain Microsoft Excel 365 dan SPSS v29. Hasil penelitian menunjukkan tidak ada perbedaan signifikan abnormal return sebelum Ramadan (Sya'ban) dan sesudah Ramadan (Syawal), yang ditunjukkan dengan nilai signifikansi di atas 5% pada kedua uji hipotesis.
HOW DOES DIGITAL FINANCIAL LITERACY RELATE TO THE FINANCIAL PERFORMANCE OF MSMES TOURISM FIRMS? THE MEDIATING ROLE OF FINANCIAL BEHAVIOR Awwaliyah, Intan Nurul; Sumani, Sumani; Singgih, Marmono; Widodo, Roni
Jurnal Ekonomi Bisnis dan Kewirausahaan Vol 12, No 1 (2023): Jurnal Ekonomi Bisnis dan Kewirausahaan (JEBIK)
Publisher : Fakultas Ekonomi dan Bisnis, UNTAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26418/jebik.v12i1.60356

Abstract

MSMEs play a significant role in the digital economy. This highlights the need for governments to focus on their development beyond financing and improving their digital literacy. This study investigates the impact of digital financial literacy on the financial performance of MSMEs at Pancer Puger Beach, Jember, with a specific focus on the role of financial behavior in promoting this relationship. This study used a mixed method with an exploratory sequential design combining qualitative data gathered from focus group discussions, in-depth interviews, and observations. Quantitative data were collected through questionnaires from 120 MSMEs respondents obtained via snowball sampling and analyzed using the partial least squares method. The results show that (1) Digital financial literacy affects financial performance, (2) Digital financial literacy affects financial behavior, and (3) Financial behavior affects the financial performance of MSMEs, while financial behavior serves as a mediator between financial literacy and financial performance. The findings suggest that tourism MSMEs can adapt and thrive in line with Indonesia's digital financialization.JEL: G41, L26, L83.
Business Development Strategy With Balanced Method Scorecard (BSC) in Probolinggo Furniture Industrial Village Wahdanatul Warida; Arnis Budi Susanto; Intan Nurul Awwaliyah
Global Management: International Journal of Management Science and Entrepreneurship Vol. 2 No. 1 (2025): International Journal of Management Science and Entrepreneurship
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globalmanagement.v2i1.45

Abstract

This study aims to analyze the business development strategy implemented by the furniture industry community in Probolinggo using the balanced scorecard (BSC) method. The method used in this study is a qualitative descriptive analysis method by conducting interviews, observations, and data documentation in collecting the necessary data. Interviews were conducted on 12 informants consisting of 5 informants from business owners in Jorongan Village, Probolinggo, 3 informants from employees, and 4 from consumers. The results of the study based on the Balanced Scorecard through 4 measurement perspectives show that the financial perspective has decreased in ROI, current ratio , and operating ratio. The growth and learning perspective lacks training for employees and does not utilize technology in the form of social media in its marketing process. The company's readiness in implementing BSC must pay attention to the implementation of a BSC-based performance measurement system by first evaluating the suitability of the characteristics and readiness of the company in implementing BSC. Things that must be prepared are evaluating performance so that it can reflect activities in the company in accordance with the vision, mission, strategy, and objectives that have been set.
The Role of Enterprise Risk Management as an Intervening Variable in Good Corporate Governance on the Value of Firm in the Banking Sub-Sector Syahputri, Hilda Mega; Sumani, Sumani; Awwaliyah, Intan Nurul
Wiga : Jurnal Penelitian Ilmu Ekonomi Vol. 15 No. 2 (2025): September 2025
Publisher : Institut Teknologi dan Bisnis Widya Gama Lumajang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30741/wiga.v15i2.1532

Abstract

Every business faces inevitable risks, especially amid economic uncertainty and competition. Enterprise Risk Management (ERM) plays a vital role in protecting and enhancing firm value through informed decision-making. Good Corporate Governance (GCG) supports ERM by improving transparency and investor confidence. This study examines the effect of managerial ownership, institutional ownership, independent commissioners, Risk Management Committee (RMC), and auditor reputation on firm value in the banking sector, both directly and through ERM as an intervening variable. Using an explanatory quantitative approach with secondary data from banking companies listed on the Indonesia Stock Exchange (2019–2023), the analysis was conducted using Partial Least Squares (PLS). The results reveal that managerial ownership, institutional ownership, and independent commissioners do not significantly affect firm value. The RMC and auditor reputation (especially from Big Four firms) positively influence ERM implementation, though auditor reputation does not directly affect firm value. However, ERM effectively enhances firm value and mediates the relationship between auditor reputation and firm value. Strengthening a comprehensive ERM framework is essential to improve corporate risk management and firm performance.