p-Index From 2021 - 2026
8.394
P-Index
This Author published in this journals
All Journal Jurnal Manajemen dan Agribisnis Jurnal Ekonomi Jurnal Ilmiah Ranggagading (JIR) JDM (Jurnal Dinamika Manajemen) JAM : Jurnal Aplikasi Manajemen Indonesian Journal of Business and Entrepreneurship (IJBE) Jurnal Aplikasi Bisnis dan Manajemen (JABM) E-Journal Mimbar Agribisnis: Jurnal Pemikiran Masyarakat Ilmiah Berwawasan Agribisnis Jurnal Manajemen & Keuangan Jurnal Bisnis dan Manajemen JRMSI - Jurnal Riset Manajemen Sains Indonesia JURNAL AKUNIDA JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi) JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) Journal of Humanities and Social Studies EKUITAS (Jurnal Ekonomi dan Keuangan) Jurnal Proaksi Akurasi : Jurnal Studi Akuntansi dan Keuangan International Journal of Economics, Business and Accounting Research (IJEBAR) Jurnal Ilmiah Manajemen Kesatuan Abdimas Galuh: Jurnal Pengabdian Kepada Masyarakat Jurnal Bisnis dan Kewirausahaan (Journal of Business and Entrepreneurship) Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) Journal of Economics and Business UBS BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi International Journal of Economy, Education and Entrepreneurship (IJE3) International Journal of Engagement and Empowerment (IJE2) International Journal of Social Science, Educational, Economics, Agriculture Research, and Technology (IJSET) Jurnal Bina Bangsa Ekonomika Indonesian Journal of Multidisciplinary Science Journal Of World Science International Journal of Multidisciplinary Research and Literature (IJOMRAL) Rudence: Rural Development for Economic Resilience Utsaha: Journal of Entrepreneurship International Journal Administration, Business & Organization Essence: Entrepreneurship and Small Business Research for Economic Resilience International Journal of Science and Environment Journal of Business, Social and Technology International Journal of Accounting, Management, Economics and Social Sciences (IJAMESC) International Journal of Management Research and Economics Jurnal REKOMEN (Riset Ekonomi Manajemen) IIJSE Asian Journal of Social and Humanities Management Dynamics: International Journal of Management and Digital Sciences
Claim Missing Document
Check
Articles

The Influence of Financial and Macroeconomic Raden Roro Anita Nur Rimadhani; Noer Azam Achsani; Hendro Sasongko
Jurnal REKOMEN (Riset Ekonomi Manajemen) Vol. 6 No. 1 (2023): REKOMEN (Riset Ekonomi dan Manajemen)
Publisher : Universitas Tidar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31002/rekomen.v6i1.635

Abstract

The feed industry plays an important role in the economy, as well as in stock investment activities. The performance of feedstock companies is highly dependent on internal and external conditions. This condition becomes an interesting thing to study related to the effect of stock returns. The method used in this study is panel data regression, with data samples from 4 companies with a quarterly period from 2017 to 2021. The quantitative approach uses an econometric approach to determine the financial and macroeconomic performance factors on stock prices in the animal feed sub-sector. The financial performance variables used are Cash Ratio (CashR), Debt Equity Ratio (DER), Net Profit Margin (NPM), Inventory Turnover (ITO), and macroeconomic variables, namely the rupiah exchange rate against the US dollar (exchange rate), international soybean prices, the price of local corn. The results show that the ratio of profitability, liquidity, solvency, and exchange rates is an important part that must be considered before investing in a feed company. Industry NPM performance is 3 percent, where the company with the highest NPM is CPIN and the lowest is SIPD. The industry average CashR performance is 0.24, with the highest CashR company CPIN and the lowest MAIN. The industry's ITO performance is 4.06 times, with the company's highest ITO ratio being CPIN and the lowest being JPFA. The industry DER value is 1.10, with the highest DER company CPIN and three other companies (JPFA, MAIN, SIPD) below average.
Financial performance, capital structure, and firm's value: The moderating role of dividend policy N Rusnaeni; Hari Gursida; Hendro Sasongko; Dani Rahman Hakim
Journal of Business Social and Technology Vol. 4 No. 1 (2023): Journal of Business, Social and Technology
Publisher : Politeknik Siber Cerdika Internasional

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

Abstract

This study examines the effect of financial performance and capital structure on firm value with dividend policy as a moderating variable. The sample in this study was 13 property and real estate sector companies from 2011 to 2020, with a total of 130 observations. This study found that financial performance and capital structure positively affect firm value. Meanwhile, this study finds that dividend policy cannot moderate the effect of financial performance and capital structure on firm value. The results of this study indicate that property and real estate investors still prioritize the firm's financial performance. Investors are relatively more cautious in investing in property and real estate sector companies even though the dividends offered are pretty high. Thus, property and real estate sector companies need to be more creative in improving their financial performance and obtaining resources to develop their business.
FINANCIAL PERFORMANCE, INSTITUTIONAL OWNERSHIP, SIZE, AND FIRM VALUE : A STRUCTURAL EQUATION MODELING APPROACH N Rusnaeni; Hari Gursinda; Hendro Sasongko; Dani Rahman Hakim
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 6, No 1 (2022): IJEBAR : Vol. 6, Issue 1, March 2022
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v6i1.3856

Abstract

This study analyzed the effect of financial performance, institutional ownership, and firm size on firm value. This study used the partial least square structural equation modeling (PLS-SEM) analysis to examine which indicators best measure financial performance. This study employed panel data from Indonesia's 13 property and real estate sector companies. This study found that the return on assets ratio is the only indicator measuring financial performance. This study also found that financial performance positively affects firm value. On the other hand, institutional ownership affected the firm value negatively. In contrast, this study failed to prove any positive effect of firm size on firm value. This study indicated that investors tend to pay close attention to profitability as the primary consideration when investing in property and real estate companies' shares. Another implication of this research is that the significant institutional ownership in a company tends to make investors uninterested
Determinants and Alternative Strategies in Improving The Financial Performance of Sharia Commercial Banks in Indonesia Sasongko, Hendro; Hamzah
Jurnal Manajemen & Agribisnis Vol. 19 No. 2 (2022): JMA Vol. 19 No. 2, July 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.2.307

Abstract

This study is to examine the impact of internal and external factors on the profitability of Islamic commercial banks and to provide suitable solutions for enhancing their financial performance. This study utilizes original data collected from Islamic banking specialists that have experience, professionalism and a proven track record, as well as are true experts in their disciplines. Secondary data are gathered from the Financial Services Authority's (OJK) annual report on the financial performance of Islamic banks in Indonesia for the period 2013-2020 and 2013-2020 macroeconomic data. Using qualitative descriptive, panel data regression, and Analytical Hierarchy Analysis (AHP), the data were evaluated. The results of the study indicate that Bank Muamalat is the bank with the worst performance, whereas BTPN Syariah is regarded as the most outstanding since it is the sharia bank with the best performance. Only BOPO and FDR have a substantial impact on the profitability of Islamic Commercial Banks (ROA), with BOPO having a negative impact and FDR having a favorable impact. Inflation and the BI Rate have no substantial impact on profitability as external factors. As the primary approach, Sharia commercial banks must improve services and develop business segmentation based on risk tolerance. Trust and capital are the most crucial aspects in the success of this strategy. Directors as top-level managers play a crucial role in setting the direction of business policies and objectives, whereas employees play a part in the successful implementation of strategies. The ultimate objective of this strategy is to enhance consumer confidence and maximize profitability. Keywords: analytical hierarchy process (AHP), financial performance, financial service authority (OJK), islamic banking and profitability
ANALISIS KEBIJAKAN BIODIESEL MANDATORY DAN FAKTOR MAKROEKONOMI TERHADAP RETURN SAHAM PERUSAHAAN SUB SEKTOR SAWIT Wardani, Firmansyah; Ratnawati, Anny; Sasongko, Hendro
JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi) Vol 10, No 1 (2024): Vol 10, No. 1 (2024)
Publisher : Universitas Pakuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34204/jiafe.v10i1.9438

Abstract

ABSTRAKTujuan dari penelitian ini adalah menganalisis kebijakan biodiesel mandatory pada perusahaan kelapa sawit, menganalisis pengaruh faktor makro ekonomi dan kebijakan biodiesel mandatory terhadap return saham perusahaan kelapa sawit, dan merumuskan rekomendasi manajerial bagi pelaksana kebijakan biodiesel mandatory (ke perusahaan dan regulator atau pemerintah). Metode penelitian mengunakan analisis ARIMA dan ARCH GARCH untuk menganlisis volatilitas return saham dan menggunakan regresi data panel untuk menganalisa pengaruh kebijakan kebijakan dan variabel marokekonomi. Hasil analisis berdasarkan analisis variable dummy kebijakan biodiesel mandatory mempengaruhi terhadap harga saham sebesar 0,49 terhadap model dengan nilai R squared 20%. Hasil penelitian ini bertujuan memberikan rekomendasi dan pertimbangan dalam pengambilan keputusan investasi pada saham subsektor perkebunan kelapa sawit mengingat kebijakan biodiesel mandatory akan dilaksanakan secara bertahap hingga menuju B100.ABSTRACTThis research aims to analyze mandatory biodiesel policies in palm oil companies, analyze the influence of macroeconomic factors and mandatory biodiesel policies on stock returns in palm oil companies, and formulate managerial recommendations for implementing mandatory biodiesel policies (to companies and regulators or the government). The research method uses ARIMA and ARCH GARCH analysis to analyze stock return volatility and uses panel data regression to analyze the influence of policies and economic variables. The analysis results based on the dummy variable analysis of the mandatory biodiesel policy influence stock prices by 0.49 in the model with an R squared value of 20%. The results of this research aim to provide recommendations and considerations in making investment decisions in shares in the oil palm plantation subsector, considering that the mandatory biodiesel policy will be implemented in stages up to B100.
THE ANALYSIS OF BALANCED POLICIES IN WAQF BASED FINANCIAL MANAGEMENT ON PRIVATE HIGHER EDUCATION IN WEST JAVA Warizal; Gursida, Hari; Sasongko, Hendro
UTSAHA: Journal of Entrepreneurship Vol. 2 Issue 2 (2023)
Publisher : jfpublisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56943/joe.v2i2.332

Abstract

The main problem for private universities in Indonesia is the ability to finance the institution's  operations independently and the main source of income for financing is still sourced from tuition fees paid by students. For waqf-based private universities, another problem is that assets cannot be used as collateral to obtain funding assistance from financial institutions. This situation causes waqf-based private universities to strive to manage finances properly for there is no waste and fraud. The purpose of this research was to examine the effect of transformational leadership, organizational commitment and competence of financial human resources through a balanced budget policy on the effectiveness of waqf-based private university financial management. The research method used was explanatory, and the data were collected using a questionnaire given by waqf-based private university financial leaders and staff, then analyzed using Partial Least Square (PLS) approach. The results of the research shows that balanced budget policies mediate transformational leadership, organizational commitment, financial HR competence have a positive influence on Financial Management Effectiveness as illustrated by t-statistic value (4.021) > 1.66 with a p-value (0.000) <0.05. Waqf-based private universities can increase the effectiveness of financial management through a balanced budget policy model in accordance with the characteristics of the institution supported by proper leadership, organizational commitment and competence of financial human resources which are continuously improved.
Analysis of the Effectiveness and Efficiency of Expenditure Budget Management in the Context of Assessing Financial Performance at the Bogor City Social Service Kurniawan, Dwi; Sasongko, Hendro; Hardiyanto, Arief Tri
JHSS (JOURNAL OF HUMANITIES AND SOCIAL STUDIES) Vol 8, No 2 (2024): JHSS (Journal of Humanities and Social Studies)
Publisher : UNIVERSITAS PAKUAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33751/jhss.v8i2.10719

Abstract

This study aims to find out whether the budget management of the Bogor City Social Service is good, namely in accordance with applicable methods, guidelines, regulations, standards, and systems and to find out the financial performance of the Bogor City Social Service for the 2018-2022 fiscal year reviewed from the efficiency element, and to find out the performance of the Bogor City Social Service for the 2018-2022 fiscal year reviewed from the effectiveness element. The objects of research are data from the Budget Realization Report (LRA) and data from the Performance Report of Government Agencies (LKIP) for the 2018-2022 fiscal year. The data collection methods used are observation methods, interviews, and documentation methods. The data analysis techniques used are quantitative descriptive analysis on efficiency measurement, and effectiveness, qualitative descriptive analysis to find out and analyze budget management. Based on the results of the study, it shows that the budget management of the Bogor City Social Service has been good because it has followed the applicable and established rules, guidelines, standards, and systems. Based on the results of the study, it shows that the management of the budget at the Bogor City Social Service in 2018-2022 from the effectiveness element as an average effectiveness ratio of 103%, it can be said that for 5 years the 2018-2022 period has been effective and the financial performance achievements of the Bogor City Social Service have been able to meet the performance targets that have been set. From the efficiency element, it shows that the budget manager at the Bogor City Social Service on average the efficiency ratio from the 2018-2022 fiscal year is 122%, meaning that during the 5-year period from the 2018-2022 fiscal year, the Bogor City Social Service has been efficient and able to meet the performance targets and budget targets that have been set.
PENGARUH KEPUTUSAN INVESTASI, KEBIJAKAN DIVIDEN, DAN KEPUTUSAN PENDANAAN TERHADAP NILAI PERUSAHAAN Haryadi Krisnandar; Lukytawati Anggraeni; Hendro Sasongko
Jurnal Bina Bangsa Ekonomika Vol. 17 No. 2 (2024): Jurnal Bina Bangsa Ekonomika (JBBE)
Publisher : LP2M Universitas Bina Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46306/jbbe.v17i2.519

Abstract

Overall, the performance of retail companies in the capital market shows a downward trend in recent years. However, amid the decline, some retail companies still show optimism by investing to boost their business activities. This research will analyze the effect of investment decisions, dividend policies, and funding decisions made by retail companies on the value of their companies. Data from 21 companies from 2014-2018 used panel data regression. The results of the panel regression model concluded that the variables Return on Equity (ROE), Debt to Equity Ratio (DER), Debt To Asset Ratio (DAR) had a significant effect on Price per Book Value (PBV). Based on the results of the study, the main factor that needs to be considered by companies to be able to increase company value is financial performance, especially company profitability (ROE and ROA). Another factor that also needs to be considered by the company to increase the value of the company is the proportion of debt in the capital structure
DETERMINANTS OF FINANCIAL PERFORMANCE AND THEIR IMPLICATIONS FOR COMPANY VALUES: Empirical Study of Automotive Sub-Sector and Registered Components on the Indonesia Stock Exchange Siahaan, Matdio; Gursida, Hari; Sasongko, Hendro
International Journal of Economy, Education and Entrepreneurship (IJE3) Vol. 4 No. 3 (2024): International Journal of Economy, Education and Entrepreneurship
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ije3.v4i3.314

Abstract

The company aims to improve the welfare of shareholders by obtaining high company value as measured through various aspects including the company's stock price which can reflect the overall investor assessment of each equity owned in the Automotive and Component companies listed on the Indonesia Stock Exchange in 2019-2023. The data in this study are secondary data obtained through the company's annual financial reports which will be studied during the 2019-2023 period. This study aims to determine the effect of capital structure, company size, managerial ownership and institutional ownership on company value as proxied by price to book value (PBV). The sample selection method uses the purposive sampling methodnamely the selection of sample members based on certain criteria, with the number of companies sampled in this study as many as 12 companies, namely automotive and component sub-sector companies with an observation period of five years, so that the total observation data is 60. The research method used is a quantitative research method. The regression results show that for 2019-2023, Capital Structure (0.787), Managerial Ownership (-0; 364) and Institutional Ownership (0.461) have a significant effect on Financial Performance (0,995) while Company Size (0.015) does not have a significant effect on company value
TRAINING ON PREPARING SIMPLE FINANCIAL REPORTS BASED ON ANDROID FOR UMKM IN SUBANG DISTRICT, WEST JAVA Anggraini, Anggun; Kurniawan, Prasetyo; Amelia, Rizka Wahyuni; Imbron, Imbron; Pranowo, Agus Setyo; Muharam, Hari; Sasongko, Hendro; Yusnita, Nancy
International Journal of Engagement and Empowerment (IJE2) Vol. 4 No. 3 (2024): International Journal of Engagement and Empowerment
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ije2.v4i3.187

Abstract

The purpose of this Community Service activity is to train MSMEs in Subang Regency, West Java, to prepare simple Android-based financial reports. This program also aims to encourage participants to educate their surroundings and align with the demands of the millennial era. Using group discussions, the counseling session equips MSMEs with the knowledge to manage finances efficiently through Android-based tools. The activity includes motivational sessions by resource persons to enhance entrepreneurial spirit, demonstrations on creating business products, and hands-on training in preparing financial reports. These efforts not only foster financial literacy but also empower MSMEs to improve their business operations and sustainability. By integrating technology into financial management, the program supports MSMEs in adapting to modern business demands, increasing their competitiveness in the digital economy, and creating a ripple effect of education and innovation within their communities
Co-Authors Abdul Halik Abrar Setiawan Achyar Rasyidi Achyar Rasyidi, Achyar Agung Fajar Ilmiyono Agus Setyo Pranowo Aldillah, Zhafira Huriya Ali Akil Parlindungan Siregar Amelia, Rizka Wahyuni Anggareni, Lukytawati ANGGRAENI, ADITHIA Anggraini, Anggun Anneke Puspasari Annisa Tiaranti Annisaa Soeyono Anny Ratnawati Arief Daryanto Arief Daryanto Arief T. Hardiyanto Arif Imam Suroso Arif Kurniadi Arif Kurniadi Asep Alipudin Asrori Asrori Asto Hadiyoso Awal Susmanto Azizah Bonar M Sinaga Cosmas A.I. Wardojo D S Priyarsono Dani Rahman Hakim Dani Rahman Hakim, Dani Rahman Daniel Martahi Bonar Manurung Danika Reka Artha Danika Reka Artha Dedi Budiman Hakim Dessy Herlisnawati Devia Leviasari Dewi Apriani Dewi Apriani Fr DIAN LESTARI Dida Marhamah Dida Marhamah Didik Notosudjono Dion Achmad Armadi Dwi Kurniawan, Dwi Eni Puji Astuti Epiet Dwi Anggoro Erliza Noor Estuti Fitri Hartini Faisal Azmi Fara Shaliza Geraldy Samuel Ivan Geraldy Samuel Ivan Giovanni Inez Erika Margaretha Giovanni Inez Erika Margaretha Gusrida, Hari Hadiyoso, Asto Hamzah Hamzah Bustomi Hamzah Hamzah Hamzah Hamzah Harahap, Serarifi Elagin Hardiyanto, Arief Tri Hari Gursida Hari Gursinda Hari Muharam Hartoyo Hartoyo Haryadi Krisnandar Hasrul Hasrul Hendramiko Heni Nelawati herdiyana, Herdiyana Herman, Herman Hermanto Siregar Hermanto Siregar Hermanto Siregar Idqan Fahmi Ignatius Leonardus Lubis Imam W Sukoco Imbron, Imbron Indrayono, Yohanes Irman Hermadi Isbat, Isbat Jaka Wiramanggala Jeperson Pardede Jufri, Supriadi Juliando Saragih Kahiyang Ayu Kemas Nurcholish Thoriq Kurniawan, Prasetyo Kusuma, Pradana Jati Lukytawati Anggraeni M Firdaus Maghfira Puti Gaisani Mailini, Dini Marhamah, Dida Marimin , Martinus Tukiran Maulida Aulia Rezki Meita Ratna Saomi Mohamad Nur Hadi Mohammad Nur Hadi Muhamad Firdaus Muhammad Firdaus Muhammad Firdaus Muhammad Firdaus Muhammad Rifqi Syauqi Muhammad Salam Taufiqi N. Rusnaeni Nancy Yusnita Nani Yuheti Yuniatin Nimmi Zulbainarni Obed Fernando Harefa Pradana Jati Kusuma Raden Roro Anita Nur Rimadhani Raden Yogi Arieffiandi Ramadhoni Tiar Saputra Ratu Erlina G, Retno Martanti Endah Lestari Reza Suriansha Rinsan Hutabarat Riyani S. Saputri Riyanti, Evy RIZKY P. LUBIS Rochman Marota Roosganda Elizabeth Roosganda Elizabeth Roy Sembel Rusmanah, Enok Santosa Santosa Setyo Wibowo Shaliza, Fara Siahaan, Matdio Sianipar, Makmur Siti Sofiah Sri Hartoyo Sri Mulatsih Syamsiar, Syamsiar Tintin Sarianti Tony Irawan Tridoyo Kusumastanto Vedi Oktavia Fitry Ani Wardani, Firmansyah Warizal Wihartika, Doni Yohanes Indrayono YOHANES INDRAYONO Yohannes Indrayono Yuary Farradia Yuliandi Yuliandi Yuliarti, Erni Yusman Syaukat yusnita, nancy