Article Per Year (5 Year)
p-Index From 2021 - 2026
28.666
P-Index
This Author published in this journals
All Journal Jurnal Reviu Akuntansi dan Keuangan JURNAL ECONOMIA Jurnal Ekonomi Kuantitatif Terapan MATRIK: JURNAL MANAJEMEN, STRATEGI BISNIS, DAN KEWIRAUSAHAAN Jurnal Ilmiah Informatika Komputer Jurnal Ekonomi, Bisnis dan Kewirausahaan (JEBIK) Jurnal Pendidikan dan Pembelajaran Khatulistiwa (JPPK) PREMISE LAW JURNAL Majalah Kedokteran Bandung Ekonomikawan : Jurnal Ilmu Ekonomi dan Studi Pembangunan Jurnal Riset Akuntansi dan Bisnis JURNAL ILMIAH MANAJEMEN & BISNIS Jurnal Online Mahasiswa (JOM) Bidang Ilmu Sosial dan Ilmu Politik Jurnal Online Mahasiswa (JOM) Bidang Keguruan dan Ilmu Pendidikan Jurnal Ilmiah Mahasiswa FEB Jurnal Agribisnis Indonesia (Journal of Indonesian Agribusiness) MIX : Jurnal Ilmiah Manajemen IMAGE Global Review of Islamic Economics and Business Badamai Law Journal Jurnal Ilmiah Mahasiswa Ekonomi Manajemen Journal of Business Management Education (JBME) KAREBA : Jurnal Ilmu Komunikasi Jurnal Manajemen Pelayanan Publik Jurnal Akuntansi dan Pajak Jurnal Manajemen & Keuangan Perspektif : Jurnal Ekonomi dan Manajemen Universitas Bina Sarana Informatika BIOLINK (Jurnal Biologi Lingkungan, Industri, Kesehatan) Ekspektra: Jurnal Bisnis & Manajemen Jurnal EMT KITA Jurnal Ilmu dan Riset Akuntansi IJBE (Integrated Journal of Business and Economics) JURNAL MANAJEMEN MOTIVASI Jurnal ASET (Akuntansi Riset) Jurnal Riset Akuntansi dan Keuangan Jurnal Biologi Tropis PEDAGOGI JRMSI - Jurnal Riset Manajemen Sains Indonesia IJEBD (International Journal Of Entrepreneurship And Business Development) Jurnal Media Agribisnis (MeA) Pendas : Jurnah Ilmiah Pendidikan Dasar Khadimul Ummah Journal of Social Dedication JOURNAL OF APPLIED ACCOUNTING AND TAXATION JELL (Journal of English Language Learning) Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Conference on Innovation and Application of Science and Technology (CIASTECH) JURNAL PENDIDIKAN TAMBUSAI JKM (Jurnal Kebidanan Malahayati) Jurdimas (Jurnal Pengabdian Kepada Masyarakat) Royal JIKA: Jurnal Ilmu Keuangan dan Perbankan Journal of Humanities and Social Studies JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi) EDUKATIF : JURNAL ILMU PENDIDIKAN JCRS (Journal of Community Research and Service) Jurnal Humaniora : Jurnal Ilmu Sosial, Ekonomi dan Hukum The International Journal of Business Review (The Jobs Review) Jurnal Riset Akuntansi Aksioma Jurnal Onoma: Pendidikan, Bahasa, dan Sastra Komunikologi: Jurnal Pengembangan Ilmu Komunikasi dan Sosial JURNAL MUTIARA AKUNTANSI Jurnal Ekonomi Manajemen JURNAL AKUNTANSI Valid Jurnal Ilmiah International Journal of Economics, Business and Accounting Research (IJEBAR) JOURNAL EDUCATIONAL OF NURSING(JEN) Sainstek : Jurnal Sains dan Teknologi PREPOTIF : Jurnal Kesehatan Masyarakat Jurnal Riset Bisnis dan Manajemen Journal of Telenursing (JOTING) Jurnal Ilmiah Akuntansi Kesatuan International Journal of Business Economics (IJBE) Jurnal Penelitian Ekonomi Akuntansi (JENSI) Community Development Journal: Jurnal Pengabdian Masyarakat Jurnal Darma Agung Jurnal Bumigora Information Technology (BITe) Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Journal of Management - Small and Medium Enterprises (SME's) Jurnal Filsafat Indonesia Journal of Sustainable Tourism and Entrepreneurship Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) REKA ELKOMIKA: Jurnal Pengabdian kepada Masyarakat Ainara Journal (Jurnal Penelitian dan PKM Bidang Ilmu Pendidikan) Jurnal Kebidanan Khatulistiwa MURHUM : JURNAL PENDIDIKAN ANAK USIA DINI Jurnal Promotif Preventif Jurnal Cahaya Mandalika Jurnal FASILKOM (teknologi inFormASi dan ILmu KOMputer) Warta Pengabdian Andalas: Jurnal Ilmiah Pengembangan Dan Penerapan Ipteks Jurnal Kesehatan Tambusai Jurnal Edukes: Jurnal Penelitian Edukasi Kesehatan Bisnis Net : Jurnal Ekonomi dan Bisnis MAHESA : Malahayati Health Student Journal JURNAL MANAJEMEN AKUNTANSI (JUMSI) TEACHING : Jurnal Inovasi Keguruan dan Ilmu Pendidikan Plusminus: Jurnal Pendidikan Matematika IJORER : International Journal of Recent Educational Research Jurnal Riset Ilmu Ekonomi EkoPreneur ARRUS Journal of Engineering and Technology International Journal of Quantitative Research and Modeling Asian Management and Business Review Jurnal EduHealth Jurnal Riset dan Pengabdian Masyarakat Multidiciplinary Output Research for Actual and International Issue (Morfai Journal) JIDAN (JURNAL ILMIAH KEBIDANAN) Juwara : Jurnal Wawasan dan Aksara International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Agrifitia: Journal of Agribusiness Plantation JRAM (Jurnal Riset Akuntansi Multiparadigma) Proceeding International Seminar of Islamic Studies Jurnal Kolaboratif Sains Wiga : Jurnal Penelitian Ilmu Ekonomi Journal of Education Research Excellent Midwifery Journal Tropical Health and Medical Research Journal Journal of Disruptive Learning Innovation (JODLI) JURNAL MANAJEMEN MODAL INSANI DAN BISNIS (JMMIB) Jurnal Transparansi Publik (JTP) Journal of Trends Economics and Accounting Research Jurnal Pemberdayaan dan Pendidikan Kesehatan Jurnal Ekonomika Dan Bisnis Jurnal Dunia Pendidikan Economic Reviews Journal JUITECH: Jurnal Ilmiah Fakultas Teknik Universitas Quality JURNAL AGROTEKNOSAINS Pro-Stek Soshum: Jurnal Sosial dan Humaniora Prosiding Seminar Nasional Universitas Serambi Mekkah International Journal Of Economics Social And Technology Journal of Community Service Jurnal Teknik Sipil Institut Teknologi Padang Journal of International Conference Proceedings Indonesian Journal of Community Empowerment Jurnal Pengabdian Masyarakat Bhinneka ANWARUL: Jurnal Pendidikan dan Dakwah JURNAL EKONOMI BISNIS DAN MANAJEMEN (EKO-BISMA) Indonesian Management and Accounting Research Media Ekonomi International Journal of Community Service (IJCS) Worksheet : Jurnal Akuntansi Jurnal Komunikasi, Sains dan Teknologi (JKST) Jurnal Pemberdayaan Sosial dan Teknologi Masyarakat Jurnal Sosial dan Sains Journal of Islamic Economics and Business JRAP (Jurnal Riset Akuntansi dan Perpajakan) Journal of Artificial Intelligence and Digital Business Jurnal Ekbis (Ekonomi & Bisnis) JURNAL FIRNAS Jurnal Ilmiah Teknik Informatika dan Komunikasi International Journal of Entrepreneurship and Sustainability Studies International Conference on Health Science, Green Economics, Educational Review and Technology (IHERT) Innovative: Journal Of Social Science Research Balale' : Jurnal Antropologi Sintaks: Jurnal Bahasa dan Sastra Indonesia Vernacular JEKSya Jurnal Ekonomi dan Keuangan Syariah Getsempena Health Science journal Ahsana: Jurnal Penelitian dan Pengabdian kepada Masyarakat Jurnal Pengabdian Masyarakat Indonesia Sejahtera Sriwijaya Journal of Agribusiness and Biometrics in Agriculture Research JIM: Jurnal Ilmiah Mahasiswa Pendidikan Sejarah Journal International Journal of Teaching and Learning (INJOTEL) West Science Social and Humanities Studies Kajian Akuntansi NHI Hospitality International Journal Journal of Chemistry Education and Integration IIJSE Prosiding Seminar Nasional Pengabdian Kepada Masyarakat: Peduli Masyarakat Jurnal Pendidikan Guru Sekolah Dasar Jurnal Pengabdian Bukit Pengharapan Prosiding Seminar Kesehatan Masyarakat Jurnal Pengabdian Masyarakat dan Riset Pendidikan VISA: Journal of Vision and Ideas Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Jurnal Inovasi Global Jurnal Cendekia Ihya Moneta : Journal of Economics and Finance AS-SHIHA: JURNAL KESEHATAN Indonesian Journal of Islamic Law (IJIL) Journal Education Innovation Trends in Infection and Global Health Journal of Management Education Social Sciences Information and Religion International Research Journal of Business Studies PITIMAS: Journal of Community Engagement in Health Ikhlas: Jurnal Ilmiah Pendidikan Islam Journal of Ekonomics, Finance, and Management Studies Celebes Nursing Journal Joong-Ki Research in Accounting Journal ETNOPEDAGOGI: Jurnal Pendidikan dan Kebudayaan Desultanah: Journal Education and Social Science Jurnal Ilmu Kedokteran dan Kesehatan Indonesia JURNAL TEKNOLOGI, KESEHATAN DAN ILMU SOSIAL Jurnal Punyimbang E-Jurnal Akuntansi Magister Scientiae Jurnal Ekonomi Kuantitatif Terapan Proceeding Banten International Conference on Health Advancement & Research (BINAR)
Maya Sari
Unknown Affiliation
Religion Aerospace Engineering Agriculture, Biological Sciences & Forestry Arts Humanities Astronomy Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Chemistry Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Dentistry Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Energy Engineering Environmental Science Health Professions Immunology & microbiology Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Mathematics Mechanical Engineering Medicine & Pharmacology Neuroscience Nursing Physics Public Health Social Sciences Transportation Veterinary Other

Published : 279 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 279 Documents
Search

 24   25   26   27   28 
The Role of Local Government Financial Performance in Achieving Sustainable Development Goal 11 Sari, Maya; Bakry, Mohammad Iqbal; Yuniar, Latifah Sukmawati; Furqan, Andi Chairil
E-Jurnal Akuntansi Vol. 36 No. 2 (2026)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJA.2026.v36.i02.p05

Abstract

This study examines the role of local government financial performance in achieving Sustainable Development Goal (SDG) 11, with a particular focus on Target 11.1 concerning access to adequate and affordable housing. The study is motivated by Indonesia’s persistent housing backlog and the extensive presence of slum settlements, alongside uneven fiscal capacity and suboptimal allocation of local budgets for the housing sector. The analysis employs panel data covering 542 local governments in Indonesia from 2019 to 2022, resulting in 2,144 observations, and applies a random effects panel regression model. The findings indicate that total solvency has a positive and significant effect on SDG 11 achievement, suggesting that stronger long-term fiscal capacity enhances sustainable urban development outcomes. In contrast, financial flexibility shows a significant negative effect, implying that excessive flexibility without clear development priorities may hinder SDG performance. Institutional age, population size, and archipelagic status as control variables also exhibit positive effects. Overall, the study underscores the importance of strengthening local fiscal governance to support sustainable housing development.
Analysis Of Macroeconomic Conditions On The Performance Of Protected Mutual Funds In Indonesia In Moderated Age And Size Of Mutual Funds For The Period January 2018 – August 2023 Tinjung Desy Nursanti; Nugraha; Ika Putera; Maya Sari; Erric Wijaya
Jurnal Ekonomi Kuantitatif Terapan Vol. 17 No. 2 (2024): Vol. 17, No. 2, Agustus 2024 (pp.155-369)
Publisher : Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/JEKT.2024.v17.i02.p09

Abstract

This study aims to find evidence whether Macroeconomic Conditions can affect the Performanceof Protected Mutual Funds in Indonesia which is Moderated Age and Size of Mutual Funds forthe period January 2018 – August 2023. The motivation for this study comes from identifying therelationship between macroeconomic conditions and mutual fund performance simultaneously isvery important because it has significant implications in efforts to improve mutual fundperformance against macroeconomic conditions. However, there are limitations to empiricalstudies on the impact of these mutual funds because the data year series is limited to only a fewyears. Using the Random Effect Model (REM) panel regression method approach, the analysisperiod from January 2018 to August 2023 panel data on macroeconomics and mutual funds, itwas found that macroeconomic variables of the rupiah exchange rate against the US dollar (NT)had a significant influence on the performance of the highest mutual funds measured by the sharperatio. Meanwhile, macroeconomic variables that do not have a significant influence on theperformance of protected mutual funds are interest rate (SBI) and inflation (INF) variables. Thevariable age and size of mutual funds have a significant influence on the performance of protectedmutual funds. In addition to these independent variables, this study also used moderator /moderating variables. Moderator variables to see the interaction relationship between moderatorvariables and predictor variables (independent). Moderator variables are variables that canstrengthen or weaken the relationship between independent and dependent variables. Themoderator variables of this study are age and size of mutual funds
A Comparative Study of Fintech Literacy between Generation Y and Generation Z Nurhayati, Netti Siska; Yuliawati, Tia; Nugraha, Nugraha; Sari, Maya
Jurnal Ekonomi Manajemen Vol 11, No 2 (2025): November 2025
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Siliwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37058/jem.v11i2.17789

Abstract

This study examines whether significant differences in fintech literacy exist between Generation Y and Generation Z in the context of increasing digital financial transformation. The use of technology in the financial sector is known as financial technology (fintech). The purpose of this study is to determine whether there are differences in Fintech Literacy between generation Y and generation Z, given that these two generations absorbed internet technology in their youth to adulthood, in the mid-1990s to 2000s. In this study, Fintech Literacy refers to the Diffusion of Innovation (DOI) theory and the Technology Acceptance Model (TAM) conceptual model. In order to answer the research questions, questionnaires were distributed to 100 generation Y respondents and 183 generation Z respondents. Hypothesis testing was carried out using the Mann-Whitney Test, adjusted for the ordinal scale data form. The results of the hypothesis test show that there is no significant difference in Fintech Literacy between generation Y and generation Z. Beyond its empirical contribution, this study enriches the fintech literacy literature by demonstrating that generational differences may be less pronounced than commonly assumed, particularly when both cohorts are exposed to similar technological environments
A Moderated Mediation Analysis of Islamic Bank Stability in Asian OIC Countries Amalia, Shendy; Heryana, Toni; Waspada, Ikaputera; Sari, Maya; Ho, Thuy Tien
Jurnal Reviu Akuntansi dan Keuangan Vol. 16 No. 1 (2026): Jurnal Reviu Akuntansi dan Keuangan
Publisher : Universitas Muhammadiyah Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jrak.v16i1.42823

Abstract

Purpose: This study investigates the relationship between asset diversification and Islamic bank stability by incorporating profitability as a mediating variable and managerial ownership as a moderating variable. The study aims to determine whether diversification contributes to financial resilience and whether internal governance mechanisms reinforce this effect. Methodology/approach: Using panel data from Islamic banks in OIC Asian countries during 2020–2024, the analysis applies Hayes’ PROCESS Model 15, allowing the simultaneous examination of mediation and moderation effects within a single analytical framework. Findings: The results show that managerial ownership plays a decisive role in influencing Islamic bank stability, with evidence pointing to a destabilizing governance effect. Conversely, asset diversification and profitability do not demonstrate a meaningful relationship with stability. Additional analysis indicates that profitability does not mediate the diversification stability nexus, and managerial ownership does not condition these relationships. These findings highlight the dominant role of governance incentives over diversification strategies in explaining stability outcomes among Islamic banks. Practical implications: The study enriches the agency–governance discourse in Islamic finance and offers policy insights for strengthening the long-term resilience of Islamic banks. Originality/value: The research introduces a moderated mediation framework integrating diversification, profitability, and managerial ownership using Hayes’ PROCESS Model 15 in the context of OIC Asian Islamic banks.
Pengelolaan Irigasi Tradisional serta Pengaruhnya Terhadap Pendapatan Petani Padi Sawah Irigasi di Sumatera Selatan Sari, Maya; M. Yazid; Adriani, Dessy
Jurnal Agribisnis Indonesia Vol. 10 No. 2 (2022): Desember 2022 (Jurnal Agribisnis Indonesia)
Publisher : Departmen of Agribusiness, Economics and Management Faculty, Bogor Agricultural University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jai.2022.10.2.299-311

Abstract

Many analyzes of rice farming production with irrigation systems have been carried out, but research related to traditional irrigation management is still very rare. This study aims to look at the implementation of traditional irrigation management, analyze the factors of traditional irrigation management and their influence on the income of rice farmers in South Sumatra. The method in this research used a survey. This research used descriptive quantitative analysis and purposive sampling. This research used multistage sampling method or gradual sampling. The first step was determine the irrigation management condition layer (disproportionate stratified random sampling). The second stage of sampling used quota sampling method (non-probability sampling). The total sample farmer respondents in this study amounted to 120 people from four villages who run their farms using traditional irrigation located in Lahat district and Pagaralam city. The villages are Pagaruyung village, Jentian village, Lubuk Buntak village and Pelangkenidai village. Data were analyzed used binary logit model, wald test, and t test. The results showed that the factors that influence the management of traditional irrigation are water distribution, water distribution, irrigation pollution and the role of irrigation institutions, with the coefficient of determination obtained is 0,699 or 69,9 percent. There is a statistically significant difference between the income of sample farmers with good irrigation management conditions and sample farmers with poor irrigation management conditions. The income obtained by farmers in good irrigation management conditions is Rp12.379.972 and Rp10.009.264 for the income of rice farmers with poor irrigation management conditions.
AMBIENT PM2.5 CONCENTRATION AND THE RISK OF HYPERTENSION IN ADULTS: A META-ANALYSIS STUDY Achmad Rizki Azhari; Maya Sari; Osep Yasier Almunsiri; Nur Afifah Harahap
Proceeding of Banten Internasional Conference on Health Advancement and Research Vol. 1 No. 1 (2026): Proceeding Banten International Conference on Health Advancement & Research (BI
Publisher : Poltekkes Kemenkes Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Long-term exposure to ambient fine particulate pollution (PM2.5) has been associated with cardiovascular diseases. Hypertension, a major risk factor for cardiovascular diseases, has also been hypothesized to be linked to PM2.5. Annual average PM2.5 concentrations were estimated for each community using satellite data. We applied two-level logistic regression models to examine the associations, and estimated hypertension burden attributable to ambient PM2.5.
Pengaruh Current Ratio, Debt to Equity Ratio dan Firm Size terhadap Return on Equity Jufrizen Jufrizen; Maya Sari
Jurnal Riset Akuntansi Vol 18 No 1 (2019): Jurnal Riset Akuntansi Aksioma, Juni 2019
Publisher : Jurusan Akuntansi Fakultas Ekonomi Dan Bisnis Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/aksioma.v18i1.58

Abstract

The purpose of this study is to analyze whether variables such as Current Ratio, Debt to Equity Ratio and Company Size have a partial or simultaneous influence on Return On Equity. The approach taken in this study is an associative approach. The population in this study were all Agriculture Subsector Companies listed on the Indonesia Stock Exchange (IDX) which numbered 14 companies, while the samples that met the criteria in sampling for this study were 6 Agricultural Subsector Companies listed on the Indonesia Stock Exchange (IDX). Analysis of sample data used in this study is Multiple Linear Regression. The results of the study show that partially Current Ratio has no significant effect on Return On Equity, Debt to Equity Ratio has no significant effect on Return On Equity and Firm Size does not have a significant effect on Return On Equity. Simultaneous Results show that Current Ratio, Debt to Equity Ratio and Company Size have no significant effect on Return On Equity.
Analysis of Financial Distress using the Altman Z-Score Model, Springate Model, Zmijewski Model, and Grover Model Frido Sarita Simatupang; Ikaputra Waspada; Maya Sari; Tia Yuliawati
International Journal of Quantitative Research and Modeling Vol. 5 No. 2 (2024): International Journal of Quantitative Research and Modeling
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v5i2.695

Abstract

The tight competition in the business world in the automotive industry that occurs in the current era of technology and development means that companies must have broad and clever thinking to keep the company from the brink of failure. During this research period there was a decline in automotive sales and company profits in the automotive and component sub-sectors listed on the IDX for the 2016-2020 period. This research aims to find out which prediction model is the most accurate and precise in predicting financial difficulties using model accuracy tests. The population in this study was 13 companies, then a purposive sampling technique was used to obtain 10 companies that were included in the research criteria. The results of this research show that the Altman Z-Score, Springate, Zmijewski and Grover models have different results, the Altman model predicts that there are 5 companies that are indicated to be healthy, 3 companies are in the Gray area, and 2 companies are indicated to have the potential to go bankrupt, the Springate model predicts that there are 5 companies healthy and 5 unhealthy companies, the Zmijewski model predicts that there are 9 healthy companies and 1 company that is indicated to have the potential to go bankrupt, the Grover model predicts that there are 7 healthy companies and 3 companies that are indicated to be unhealthy. With these results, the financial distress model with the highest accuracy is the Zmijewski model with an accuracy level of 92%, while the accuracy levels of the Altman Z-Score, Springate, and Grover models are 76%, 44%, and 76% respectively. With these results, the Zmijewski model is the most suitable model for use in automotive and component sub-sector companies in 2016-2020.
Investor Behavioral Bias and Mutual Fund Investment Decisions: Implications for Culturally Sensitive Investor Education in Indonesia Yusnita, Rita Tri; Nugraha, Nugraha; Disman, Disman; Sari, Maya; Aminullah, Zakariya Pamuji
IJORER : International Journal of Recent Educational Research Vol. 7 No. 2 (2026): March
Publisher : Faculty of Teacher Training and Education Muhammadiyah University of Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46245/ijorer.v7i2.1326

Abstract

Objective: This study examines the effect of behavioral bias on mutual fund investment decisions in Indonesia by positioning attitude toward risk as a mediating variable and cultural orientation as a moderating variable, with implications for culturally sensitive investor education. Methods: A quantitative causal–explanatory design was employed using primary data from a survey of 300 individual mutual fund investors selected through purposive sampling. Data were analyzed using Confirmatory Factor Analysis and Hayes PROCESS macro Model 15 in SPSS to test direct, indirect, and moderated relationships among behavioral bias, attitude toward risk, cultural orientation, and investment decisions. Results: Behavioral bias significantly influences investment decisions both directly and indirectly through attitude toward risk. Cultural orientation moderates these relationships by weakening bias-driven effects under stronger cultural orientations, confirming a moderated–mediated model integrating psychological and sociocultural determinants of investment behavior. Novelty: This study offers a novel integrative framework combining behavioral finance and cultural finance perspectives while explicitly linking them to investor education. It highlights how behavioral bias, risk attitude, and cultural orientation should inform the design of culturally sensitive financial literacy and advisory strategies, providing an evidence-based foundation for developing investor education programs that address behavioral and cultural factors in mutual fund decision-making.
Co-Authors ,, Erwansyah Abdul Aziz, Nor Farradila Abdul Hamid Abdul Muhaimin Elyusufi Abdul Rozak Abdul Rozak Achmad Rizki Azhari Achmad Rizki Azhari Ade Gunawan Ade Gunawan Adilla Bahri Lubis, Nur Afdhal Surya Hamid Aghnia Meilana Putri Agus Rahayu Agustian, Aldy Agustin, Roro Rian Agustini, Kamelia Agustinus Ngadiman Ahiase, Godwin Ahmad Afandi Ahmad Sabri Ahmad Sabri Ahmad Saeroji Aidhya Irhash Putra Akma Khairunnisa Al Muna, Nuna Alfiana, Rinta Alghifari, Erik Alhadi, Fahmi Ali Hasan Al Bahar Ali Usman, Ali Allenidekania Allenidekania Alwinda Manao Amalia, Shendy Amirah, Eva Ammar, Muflih Ampomah, Philipina Anang Shophan Tornado Anayati, Wan Andriana, Denny Andrieta Shintia Dewi Anita, Apriliawati Antonius Antonius Arfina, Angga Arianto, Tezar Arifin, Adip Arista, Dora Arman Bemby Sinaga Arrum Dwi Wahyuni Arus Reka Prasetia Asana, Annur Ramadhani Asih Rahayu Ajeng Agesti Askolani Askolani, Askolani Asma Asma Asriani, Elza Astuti, Fitri Diana Asya, Shadrina Aulia Rahman Harahap Awudu, Shaibu Ayu Juni Sihombing Ayu Nurwitasari Aziz Muradovich, Kayrdinov Aziza Maharani Azti, Tengku Mutiara Baehaqi Bahri, Aisyah Amanda Baihaqqi, Mhd Anggi Baihaqqy, Mochammad Rizaldy Insan Bakry, Mohammad Iqbal Balang, Fransiskus Barokah, Tetty Baso Pallawagau Budhi Pamungkas Gautama, Budhi Budiharto, Toto Caesarya, Sesy Cahyaningsih, Desi Cahyaningtyas, Christian Chairul Furqon, Chairul Chandra, Dicky Chatarina Umbul Wahyuni Ciptagustia, Annisa Dabi, Rowland Dabi, Rowland Seyram Koku Dahrani, Dahrani Daviq Chairilsyah Davu Raissa Elazar Dedy dedy dedy, dedy Desi Desi, Desi DESSY ADRIANI Destrinelli Destrinelli Desy Tri Anggarini Dewantara, Bachtiar Dewi, Intan Kumala Dian Kurnianingrum, Dian Dibias Lazuardi Maulid Dinda Adela Disman Disman Disman Disman, Disman Diwa Ardhaza Dona Afriyani Dwi Budi Santoso Dyan Eka Tamara Dynaria Siregar, Yetti Edem Lekettey Edi Suryadi, Edi Edisah Putra Nainggolan Efendi, Rinja Eka Nurmala Sari Eko Prihandono Eli Ratni Elni Fatimah Elviana Elviana, Elviana Elvina Sari Ema Nur Amalia Endah Wahyuni Erika, Friti Sinta Erric Wijaya, Erric Erwan Efendi Euis Bandawaty Fachrur Rozi Fajar, Pipih Nurul Fajri, Arinal Fanji Wijaya Fauziah, Sheilla Nurul Febri Nur Salamah Febrimeli, Dwi Febtrina, Rizka Feskaharni Alamsjah Feti Karfiati Memed Fidiana, Fidiana Fikri, Rizal Firman Ganda Manik Fitmawati Fitmawati Fitri Wahyuni, Sri Frido Sarita Simatupang Fuad Muchlis Furqan, Andi Chairil Gaol, Liska Yuni Br Lumban Ghotan Rolandi Ginting, Intan Anisa Gudiato, Candra Gunawan, Fany Gusmaneli Gusmaneli Gusmita Zalianti Habiddin Hairani, Debby Riana Hakiki, Iqbal Hanafi Nasution Handayani, Oktavia Hanif, Faizira Nur Hanifah Yusuf Harahap, Yanti Novita Hardita, Lisha Febrianty harisandi, Prasetyo Harun, Muhammad Fiqri Hasibuan, Ira Maulida Sari Haugesti Diana Helty, Mestika Riza Hendra Budiono Henny Herwina Heny Hendrayati HERI SUSANTO Herliani Herliani Heryana, Toni Heskia, Carlo Hidayat, Arman Hilman Firmansyah, Hilman Hilman, Shinta Indriawati Hindriyanto Dwi Purnomo Ho, Thuy Tien Hukmi Hukmi, Hukmi Husnul Khatimah Ibnu Rawandhy N. Hula Ika Putera Ika Putera Waspada Ikaputera Waspada, Ikaputera Ikaputra Waspada Ikhsan, Sugiyanto Ikin Solikin Ilahi, Wahyu Ilaina, Shofy Imas Purnamasari Indriyani Handyastuti Ingsun Kumala Irti Intan Royana Silalahi Irawan, Rini Larasati Irawati Irfani Irfan, Irfan Irfanny, Riza Irvandi, Wandra Irwan Sembiring Isnaniar Iwan Kurniawan Iwan Kurniawan Jahidah, Nurul Siti Jalaludin, Engga Januri, Januri Japo Alberto Jasmi Jasmi Jaya, Andi Eka Putra Jiye Jin Jufrizen Juju Masunah Julia Famor Pratami Julia Rahmah, Julia Juliana Br Simbolon Juliana br Simbolon br Simbolon Juliana, Nur Julita, Sety Kadewi, Ami Karimaliana, Karimaliana Karo, Tiy Kusmarabbi Karsiwan Karsiwan Kartika Sari, Lia Kasmiruddin " Khamiliyah, Lili Komariah, Elis Kpodo, Percy Chris Krishna Yuliawati, Ayu Kuntum Khaira Kurniadi, Elika Kurniawan, Ahmad Afrideni Kusnendi, Kusnendi Kusumah, Echo Perdana Kusumah, Reni Risnawati Laisya Okta Preyera Laster Jujanwar Bancin Latifah Sukmawati Yuniar Lekettey, Edem Leonardo, Enrico Lesmana, Hendy Lestari, Firda Maulani Lestari, Jayanti Rida Lestari, Nining Puji Lestari, Popy Lili Adi Wibowo Lilies N Tangge Lindesi Yanti Lisna, Yusi Yusnita Juwita Livia Fransiska Lubis, Febby Putri Anasya Luckyardi, Senny Lumbatoruan, Astuti Lusha Natasya Lusi Marleni, Lusi M. Arief Ramdhany M. Yazid Mac-Moqu, Francis Kortey Mahara, Khairunnisa Maimunah R Maimunah R Maimunah, Ai Maini Sitepu, Juli Maisyarah, Rini Mar Atun Saadah Mardhatilla, Mely Mardin, Mardin Maria Angela Siokalang MARIA BINTANG Mariana Mariana Mariati Siregar, Laura Marsia, Marsia Masriani . Masripah, Imas Siti Masrul Mathewi, Mathewi Maulana, Yono Maulana Maysarah Nabila Mayta Novaliza Isda Mega Yusdian Puteri Mia Adilla Mira Mira Mira MMSI Irfan ,S. Kom Mochammad Imron Awalludin Moh. Yuddy Yudawirawan Mufarizuddin Mughni, Gilman Muh. Fahrudin Alawi Muhamat, Amirul Afif Muhammad Afif Muhammad Andi Prayogi Muhammad Baihaqki Muhammad Basyir Muhammad Firza Alpi, Muhammad Firza Muhammad Idris Muhammad Irfan Nasution Muhammad Luthfi Muhammad Nadjib, Muhammad Muhammad Nur Kholis Muhammad Nur Kholis Muhammad Ridho Muhammad Shareza Hafiz Muhammad Sofwan Muhammad Syahrizal MUHAMMAD YUSUF Muhammad, Saiful Muhyarsyah, Muhyarsyah Munaya Fauziah Muntholib Muriati, Dewi Sri Mursyidin Muslih Muslih Muslima Muslima, Muslima Mutata Uwi’ah Nababan, Donal Nabila, Alfina Nadeak, Thomas Nadia Putri Nadira Nurul Fathiyah Nasution, Affrina Nasution, Alamsyah Nasution, Mayang Sari Nasyalia, Cut Natasya, Lusha Natonis, Rolfi Nengsih, Luluk Wahyu Nery Sofiyanti Netti Siska Nurhayati Ngadimin Ngadimin Niken ananda Nirzalin Nopiazinda, Adelia Nopita Yanti Sitorus Nopitasari, Nopitasari Novel Ersa Ilfada, Dwi Novi Anggelia Tratama Noviani, Doris Novien Rialdy Novitry, Viony Nugraha Nugraha , Nugraha Nugraha Nugraha Nugraha Nugraha Nugraha, H. Nugraha, N Nugroho, Very Sapto Nur Afifah Harahap Nuranti Rumela Sirait Nurbani, Tri Nurcahyo, Azriel Christian Nurlinda, Andika Nurmala, Eka Nurohmah, Endah Nursayuti, Nursayuti Nurul Ilmi, Nurul Nuryadin, Rully Nyimas Heny Purwati Oce Ridwanudin Olieviani, Marisa Onsardi, Onsardi Osep Yasier Almunsiri P, Noviyanti P, Noviyanti. Panab, Fridon D. Pane, Yuni Sarah Pardede, Rachel Christa Masniari Pawitra, Mohammad Tyas Perdana, Yoga Perdananti, Primanola Pohan, Mukmin Pranata, Syafroni Pratama, Siswa Pri Agung Danarahmanto Prihadi, M Dana Primawita Oktarima Puji Lestari, Sri Purnawati, Tri Purnomo, Budi Supriatono Purwandari, Istiti Purwati, Nyimas Heny Puspo Dewi Dirgantari Puteri, Mega Yusdian Putra Santoso Putri Lilis Dyani PUTRI WULANDARI Putri, Ariana Diyah Anesti Putri, Izmi Adinda Rachmadi, Moch Faizal Raden Mohamad Herdian Bhakti Radiman Radiman Radiman Rahayu, Sri Ulfa Rahma Siska Utari Rahmayati Rahmayati, Rahmayati Rahmi Safitri, Rahmi Rakhmaji, Iqbal Rakhman, Ani Rakhmanita Ramadhan, Nanda Ramadhani, Indi Ramadhaniyah, Mona Rambe, Rizkina Ramadhani Ramdhonah, Zahra Rapida Saragih Rasdiana, Rasdiana Rasyidah Ratna Gumilang, Risa Ratri Harida Ratu Dinny Fauziah Renhoran, Farida Rennyta Yusiana Resti Indriarti Retno Wahyuningrum Rifani, Putri Ardila Rifda Afifah Rifki Hafas, Hafriz Rikawati Ginting Munthe Rinta Alfiana Ririn Ariyanti, Ririn Risdalina Risnati Malinda riswanto riswanto Rita Tri Yusnita Rizki Anugrah, Rizki Rizki Yunanda Robert Sinaga Rofi Rofaida Rohan Ghaffaruddin, Muhammad rohmawati Rohmawati, Wahidah Roida Ervina Sinaga Rony, Zahara Tussoleha Rosadi, Asep Rosina Sitohang Rostina Sundayana RR. Ella Evrita Hestiandari Ruliandari, Latifa Rulli Hidayatullah S, Rizki Eka Sabinus Beni SABRINA, ELSA Safina, Nila Sahra, Maidina Sahureka, Marthine Salamah, Febri Nur Salfarini, Eligia Monixa Sandrina Dwi Melany Saputra, Yoerdy Agusmal Saputri, Diska Ayu Sara Wandari Saragih, Aji Fadillah Sarbaini Sarbaini Sari, Denny Novita Mayang sari, Mutia Satari, Karmelita Satyadharma, Maudhy Sayono Senny Luckyardi Sentot Purboseno Setiawati, Dewi Nur Shafira, Aliya Shafitri, Novia Mahera Sherlyna Puasari Shofy Ilaina Siolimbona, Indra Siregar, Ayu Irmayana Siregar, Marlina Siti Hawa Siti Kurniasih Siti Mujiatun Siti Rahayu Sitorus, Mido Ester Situmorang, Menara Wati Siwi Istiana Dinarti, Siwi Istiana Sobana , Dadang Husen Solihat, Deti Farida SORAYA, RATNA Sri Fitri Wahyuni Sri Puji Lestari SRI RAHAYU Sri Utami Widyaningrum Sriana Dewi Stefanus Laga Tukan Sua Betria Dhani Sugianto, Helena Anggraeni (Reni) Tjondro Sugiyono . Suhono Suhono, Suhono Sukma Lesmana, Sukma Sulistiawati, Reni Sumari Sumari Suryadi, Yopi Susanti Susanti Susiyanti Susiyanti Suwarno Swandi, Monica Kharisma Syafiqo, Syafira Auliani Syafitri, Yenni Syafrida Hani Syah, Razha Jamsik Syahputra, Fahmy Syaiful Amri Syamsiati . Thomas, Shanti Tia Yuliawati Tika Arwinda Tinjung Desy Nursanti Tita Maulidya Titin Supriatin TITIN SUPRIATIN, TITIN Titin Sutini Toni Wandra Tri Wulandari Triyono Adi Tristanto Ulfa Nurullita Utama, Wahyudayanto Utami, Nyda Utin Desy Susiaty Uwi’ah, Mutata Valina Julia Cahyani Vanessa Gaffar Veithzal Rivai Zainal Vemy Suci Asih, Vemy Suci Wahyuni, Agus Wakhyuni, Emi Waluyanti, Fajar T Wardatus Sholihah Wartini, Tini Waspada, Ika Putera Wazdi, Babay Parid Wellyalina, Wellyalina Widia Astuti Widia Astuty Widodo, Melly Andani Widya Sastika Willma Fauzzia Wimpi Siski Pirari Winanda, Yola Wiwik Norlita Yani Nurhayani Yanti, Pitri Yasir Maulana Yayat Supriyatna Yeremia Niaga Atlantika Yoga Pratama Yono Maulana Maulana Yukans, Septy Sari Yulandri, Elsa Yuliana Yuliana Yuni Listiarini Yunika Afryaningsih Yusi Nurmalasari Zainol, Fakhrul Anwar Zakariya Pamuji Aminullah Zakiah Zakiah Zalianti, Gusmita Zein, Jus Yuly Evi Zein Zulia Hanum