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The Role of Forecast Dispersion and Accuracy in Explaining Cross-Sectional Return Anomalies Benardi, Benardi; Permana, Ngadi; Chaidir, Mohammad
International Journal of Management, Accounting & Finance (KBIJMAF) Vol. 1 No. 3 (2024): July : International Journal of Management, Accounting & Finance (KBIJMAF)
Publisher : LPPM STIE Kasih Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70142/kbijmaf.v1i3.221

Abstract

This review aims to investigate the role of forecast dispersion and accuracy in explaining cross-sectional return anomalies in financial markets. By synthesizing recent theoretical and empirical research, the study examines how differences in information precision among investors lead to heterogeneous beliefs, which in turn affect asset prices and returns. The methodology involves a comprehensive literature review to identify key findings and theoretical frameworks that link forecast dispersion to market dynamics. Results indicate that higher forecast dispersion, associated with greater uncertainty and risk, correlates with higher expected returns as compensation. Conversely, accurate forecasts enhance market efficiency by reducing information asymmetry, thereby mitigating anomalies. The study also highlights theoretical models that explain anomalies like returns to skewness and disagreement through the lens of forecast dispersion. Empirical evidence supports these models, demonstrating the significant impact of forecast dynamics on asset pricing anomalies. The review concludes by emphasizing the need for further research to refine models capturing forecast dynamics and exploring the behavioral biases influencing forecast accuracy and dispersion. Understanding these factors is crucial for improving investment strategies, market efficiency, and risk management practices.
Beyond the Balance Sheet: Understanding Labor Market Dynamics Following Accounting Fraud Sugiharti, Tanti; Chaidir, Mohammad
International Journal of Management, Accounting & Finance (KBIJMAF) Vol. 1 No. 4 (2024): October: International Journal of Management, Accounting & Finance (KBIJMAF)
Publisher : LPPM STIE Kasih Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70142/kbijmaf.v1i4.234

Abstract

This qualitative literature review examines the labor market dynamics following accounting fraud, highlighting the significant impact of corporate misconduct on employee outcomes. Through a synthesis of existing studies, the review identifies key consequences for employees at fraudulent firms, including substantial wage losses, increased turnover rates, and overall job instability. The analysis reveals that, despite initial employment growth during fraud periods, employees ultimately face negative repercussions as firms unwind overexpansion once fraudulent activities are exposed. The review also emphasizes the disproportionate effects on lower-wage employees and those in thin labor markets, underscoring the need for targeted interventions. Additionally, the findings call for enhanced corporate governance and regulatory frameworks to protect employee interests and foster ethical business practices. This research not only contributes to the understanding of the repercussions of accounting fraud on labor market dynamics but also serves as a critical reminder of the interconnectedness of corporate behavior and employee welfare.
Corporate Collaboration In Financing Schemes: Qualitative Analysis Of Risks And Benefits Of Financing To Group Companies With Shared Responsibility Grace Yulianti; Mohammad Chaidir; Seger Santoso
International Journal of Business Law, Business Ethic, Business Comunication & Green Economics Vol. 1 No. 4 (2024): Desember: International Journal of Business Law, Business Ethic, Business Commu
Publisher : LPPM STIE Kasih Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70142/ijbge.v1i4.258

Abstract

This study aims to analyze the risks and benefits of joint liability financing schemes for groups of companies through a qualitative literature review approach. This financing scheme offers solutions for companies facing capital constraints by enhancing access to credit through collective responsibility. The results of the review indicate that this scheme provides benefits such as increased financing opportunities, mitigation of default risks, and peer monitoring among group members. However, it also presents risks such as overinvestment and moral hazard, where company members may tend to make larger investments or neglect their obligations due to the protection of joint liability. Additionally, the effectiveness of the scheme heavily relies on the group structure, with smaller and more homogeneous groups having lower risks compared to larger and more heterogeneous ones. This study concludes that joint liability financing schemes can be an effective solution if these risks are well-managed through stringent oversight and fair financing policies.
PENGARUH BRAND IMAGE, FEAR OF MISSING OUT DAN SOCIAL MEDIA ENGAGEMENT TERHADAP KEPUTUSAN PEMBELIAN JERSEY TIMNAS INDONESIA DARI BRAND ERSPO DI WILAYAH DKI JAKARTA Fata, Fatikhul; Chaidir, Mohammad; Yulianti, Grace
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 10 No 1 (2026): ON GOING
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v10i1.6736

Abstract

Tujuan dari penelitian ini ialah untuk menganalisis pengaruh Brand Image, Fear of Missing Out (FoMO), dan Social Media Engagement terhadap keputusan pembelian jersey Timnas Indonesia dari brand Erspo di wilayah DKI Jakarta. Penelitian ini dilatar belakangi oleh meningkatnya penjualan produk jersey Timnas dari brand Erspo pada bach kedua. Metode penelitian yang digunakan adalah pendekatan kuantitatif dengan teknik analisis Structural Equation Modeling – Partial Least Square (SEM-PLS). Sampel penelitian berjumlah 162 responden yang dipilih melalui metode purposive sampling, dengan kriteria individu yang berdomisili di DKI Jakarta dan pernah membeli jersey Timnas Indonesia dari brand Erspo. Hasil penelitian menunjukkan bahwa ketiga variabel bebas, yaitu Brand Image, Fear of Missing Out (FoMO), dan Social Media Engagement, berpengaruh positif dan signifikan terhadap keputusan pembelian. Variabel FoMO memiliki pengaruh paling dominan, yang menunjukkan bahwa dorongan psikologis untuk mengikuti tren memiliki peranan penting dalam keputusan pembelian konsumen. Secara simultan, ketiga variabel tersebut mampu menjelaskan 71,6% variabel keputusan pembelian, sedangkan 28,4% sisanya dipengaruhi oleh faktor lain di luar model penelitian.
Menguji Kembali Hubungan Risiko dan Keuntungan dalam Portofolio Multifaktor: Tinjauan Literatur dan Implikasi bagi Pengelolaan Volatilitas Pasar Siti Maulizah; Mohammad Chaidir
Studia Ekonomika Vol. 23 No. 2 (2025): Juli: Studia Ekonomika
Publisher : STIE KASIH BANGSA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70142/studiaekonomika.v23i2.297

Abstract

Penelitian ini bertujuan untuk meninjau tantangan yang dihadapi dalam hubungan risiko-dan-keuntungan dalam portofolio multifaktor, dengan fokus pada implikasi manajemen volatilitas pasar. Melalui tinjauan literatur, penelitian ini mengidentifikasi berbagai faktor yang mempengaruhi volatilitas dan bagaimana pengelolaan volatilitas dapat meningkatkan kinerja portofolio. Hasil analisis menunjukkan bahwa meskipun portofolio multifaktor memberikan keuntungan dalam diversifikasi dan pengelolaan risiko, volatilitas pasar tetap menjadi tantangan utama dalam mencapai keseimbangan antara risiko dan keuntungan. Penelitian ini juga mengungkapkan bahwa strategi volatilitas aktif lebih unggul dibandingkan strategi pasif, tetapi memerlukan pemahaman mendalam tentang dinamika pasar. Implikasi penelitian ini memberikan wawasan bagi manajer portofolio dalam merancang strategi investasi yang lebih adaptif terhadap volatilitas pasar yang tinggi.
The Ethics of Influence: A Review of Nudging Applications in Corporate Ethics and Their Role in Combating Organizational Misconduct Mohammad Chaidir; Novrizal Novrizal
International Journal of Business Law, Business Ethic, Business Comunication & Green Economics Vol. 3 No. 1 (2026): March: International Journal of Business Law, Business Ethic, Business Communic
Publisher : LPPM STIE Kasih Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70142/ijbge.v3i1.424

Abstract

This qualitative literature review explores the role of behavioral nudging as a tool for enhancing corporate ethics and curbing organizational misconduct. Drawing on empirical and theoretical studies from behavioral ethics, organizational psychology, and compliance management, the review examines how subtle interventions—such as reminders, social norm cues, and visual prompts—can influence ethical decision-making in the workplace. The findings suggest that nudges are effective in reducing ethical fading, improving compliance, and reinforcing ethical culture when aligned with organizational values and context. However, concerns regarding manipulation, cultural adaptability, and long-term efficacy remain. This review highlights the importance of integrating nudging within a broader ethical infrastructure and calls for future research on scalable, transparent, and culturally sensitive applications of ethical influence in diverse organizational settings
Strategic Intermediation in Corporate Asset Markets: A Qualitative Literature Review on the Role of Non-Venture Private Equity Firms Ria Wulandari; Mohammad Chaidir
International Journal of Business Law, Business Ethic, Business Comunication & Green Economics Vol. 3 No. 1 (2026): March: International Journal of Business Law, Business Ethic, Business Communic
Publisher : LPPM STIE Kasih Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70142/ijbge.v3i1.426

Abstract

This qualitative literature review explores the strategic role of non-venture private equity (PE) firms as intermediaries in corporate asset markets. Distinct from venture capitalists, these PE firms specialize in acquiring, restructuring, and reallocating mature corporate assets, thereby enhancing market efficiency and value creation. By synthesizing recent studies, this review highlights how non-venture PE firms facilitate resource redeployment, drive operational improvements, and influence corporate governance. Comparative analysis reveals their unique ability to exploit inefficiencies through carve-outs, platform building, and targeted acquisitions. The review also examines emerging ESG considerations and critiques regarding short-termism and stakeholder impact. While the literature acknowledges the transformative role of these firms, it also identifies limitations in theoretical integration and empirical coverage. This study contributes to a deeper understanding of how non-venture PE firms shape firm boundaries, market structures, and the evolving logic of strategic intermediation.