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PENGARUH STRUKTUR DAN MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN DENGAN TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN SEBAGAI VARIABEL INTERVENING PADA INDSUTRI CONSUMER NON-CYCLICALS YANG TERDAFTAR DI BURSA EFEK INDONESIA PADA TAHUN 2023-2024 Noviana, Yosephine Artha; Djajadikerta, Hamfri; Setiawan, Amelia
Indo-Fintech Intellectuals: Journal of Economics and Business Vol. 5 No. 4 (2025): Indo-Fintech Intellectuals: Journal of Economics and Business (2025)
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/ifijeb.v5i4.4837

Abstract

Pengkajian ini mengkaji dampak struktur juga mekanisme Good Corporate Governance (GCG) di kinerja keuangan perusahaan, dengan mempertimbangkan tanggung jawab sosial juga ruang lingkup guna intervening. Fokusnya adalah di perusahaan consumer non-cyclicals yang tercatat di Bursa Efek Indonesia sepanjang 2023 hingga 2024. Pendekatan yang dipakai yakni kuantitatif-kausal, berdasarkan data sekunder dari laporan keuangan tahunan juga laporan yang berlanjut, dengan sampel sebanyak 15 perusahaan. Kinerja keuangan ditinjau dengan return on assets (ROA) dan return on equity (ROE), sedang Good Corporate Governance (GCG) didefinisikan berdasarkan desain struktur korporasi dan mekanisme pengendalian. Telaah data dijalankan memakai partial least squares structural equation modeling (PLS-SEM) memakai perangkat lunak SmartPLS. Temuan menjabarkan jika Good Corporate Governance (GCG) berdampak signifikan pada kinerja keuangan serta tanggung jawab sosial juga lingkungan. Lebih lanjut, Good Corporate Governance (GCG) juga terbukti berpengaruh signifikan pada efektivitas mekanisme tata kelola. Namun, tidak ada hubungan langsung antar tanggung jawab sosial juga lingkungan pada kinerja keuangan selama masa pengamatan. Pengkajian ini menjabarkan jika kualitas tata kelola perusahaan punya tugas utama menaikkan kinerja keuangan, sementara manfaat ekonomi dari komitmen sosial dan lingkungan biasanya terlihat dalam jangka waktu yang lebih lama.
Pengaruh Intangible Assets Ratio, Operating Expense Ratio, dan Gross Profit Margin Terhadap Harga Saham pada Perusahaan E-Commerce Yang Terdaftar Di Bursa Efek Indonesia Fannyra Lianty; Hamfri Djajadikerta; Amelia Setiawan
Journal of Innovative and Creativity Vol. 6 No. 1 (2026)
Publisher : Fakultas Ilmu Pendidikan Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/joecy.v6i1.5972

Abstract

Pertumbuhan pesat sektor e-commerce Indonesia menyoroti volatilitas harga saham meskipun volume transaksi kuat. Penelitian ini menguji pengaruh parsial dan simultan Intangible Assets Ratio (IAR), Operating Expense Ratio (OER), dan Gross Profit Margin (GPM) terhadap harga saham perusahaan e-commerce terdaftar di BEI periode kuartal IV 2021-IV 2024. Menggunakan pendekatan kuantitatif asosiatif dengan rancangan explanatory research, purposive sampling memilih tiga perusahaan (BUKA, GOTO, BELI) dengan 33 observasi kuartalan. Data sekunder dari laporan keuangan dianalisis melalui SPSS 27, meliputi statistik deskriptif, uji asumsi klasik, regresi linier berganda, uji t, uji F, dan Adjusted R². Hasil menunjukkan IAR berpengaruh positif signifikan (sig. 0,005), OER tidak berpengaruh (sig. 0,129), sedangkan GPM berpengaruh negatif (sig. <0,001). Secara simultan, variabel menjelaskan 46,5% variasi harga saham. Simpulan menyatakan aset tak berwujud mendorong valuasi saham di perusahaan digital, sementara margin laba kotor menandakan inefisiensi operasional.
Strengthening the Foundations of Socialpreneurship through Integrated Reporting A Systematic Bibliometric Perspective Anna, Yane Devi; Djajadikerta, Hamfri; Setiawan, Amelia
Aptisi Transactions On Technopreneurship (ATT) Vol 8 No 1 (2026): March
Publisher : Pandawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/att.v8i1.666

Abstract

Concerns regarding the limitations of traditional financial reporting and the narrow focus on shareholder value have led to growing interest in Integrated Reporting (IR), which aims to improve information quality for stakeholders and support sustainability. This study investigates the development of research on Integrated Reporting Quality (IRQ), including its theoretical foundations, measurement methods, influencing factors, and the role of IR in supporting socialpreneurship. Using a systematic literature review and bibliometric analysis of 53 selected articles from 2021 to 2025, and guided by PRISMA methodology, the study explores trends, theories, and keyword networks within IRQ research. The findings reveal key theoretical lenses such as agency, stakeholder, and legitimacy theories, and identify widely used measurement tools like the IR Scoreboard. Furthermore, the study demonstrates how high-quality IR can enhance transparency, attract impact investors, and foster sustainable value creation in social enterprises. Overall, this research provides valuable theoretical insights and practical recommendations for improving IRQ and underscores its strategic importance in advancing sustainability and accountability in socialpreneurship.
Predicting Whistleblowing Intention Using Supervised Machine Learning: Integrating TPB and IEDM in State-Owned Enterprises Muhammad Rizal Satria; Hamfri Djajadikerta; Amelia Setiawan
Journal of Applied Data Sciences Vol 7, No 2: May 2026
Publisher : Bright Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47738/jads.v7i2.1292

Abstract

Whistleblowing plays a critical role in detecting organizational misconduct; however, understanding the determinants of whistleblowing intention remains a challenge. Prior studies predominantly rely on regression or structural equation modeling, which focus on explanatory relationships rather than predictive evaluation. This study addresses this limitation by integrating the Theory of Planned Behavior and the Integrated Ethical Decision-Making Model within a supervised machine learning framework. Data were collected from 382 permanent employees of Indonesian state-owned enterprises (BUMN) using a structured questionnaire. Three classification algorithms—Logistic Regression, Support Vector Machine (SVM), and Random Forest—were implemented to evaluate predictive performance. The results indicate that Random Forest achieved the highest predictive accuracy and discrimination capability. Feature importance analysis reveals that perceived behavioral control is the strongest predictor of whistleblowing intention, followed by ethical awareness and attitude, while subjective norms show comparatively weaker influence. These findings refine TPB by demonstrating the dominant role of perceived behavioral control in high-risk ethical decisions and reinforce the importance of ethical awareness as a cognitive trigger within the IEDM framework. The study contributes by bridging behavioral theory and predictive analytics while offering governance insights for strengthening whistleblowing systems in state-owned enterprises.
PENGENDALIAN INTERN SEBAGAI FONDASI TATA KELOLA BERKELANJUTAN: TINJAUAN LITERATUR KUALITAS ESG DISCLOSURE PADA PERBANKAN BUMN DI INDONESIA Irsan Herlandi Putra; Amelia Setiawan
JURNAL AKUNTANSI DAN SISTEM INFORMASI Vol 7 No 1 (2026): Edisi Februari 2026
Publisher : Program Studi Akuntansi Fakultas Ekonomika dan Bisnis Universitas Majalengka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31949/j-aksi.v7i1.17014

Abstract

Peningkatan perhatian terhadap Environmental, Social, and Governance (ESG) mendorong perusahaan, khususnya perbankan milik negara, untuk memperkuat kualitas pengungkapan keberlanjutan sebagai bagian dari tata kelola berkelanjutan. Meskipun literatur sebelumnya telah banyak mengkaji determinan ESG disclosure, pembahasan tersebut masih didominasi oleh perspektif tata kelola formal, tekanan regulasi, dan karakteristik perusahaan, sementara peran pengendalian intern sebagai mekanisme fundamental yang menopang kualitas ESG disclosure belum memperoleh perhatian konseptual yang memadai, terutama dalam konteks perbankan BUMN di negara berkembang. Variasi kualitas ESG disclosure yang ditandai oleh isu kredibilitas, konsistensi, dan risiko pengungkapan simbolik menunjukkan adanya celah penelitian terkait fondasi sistemik di balik praktik pelaporan keberlanjutan. Artikel ini bertujuan untuk mengkaji secara konseptual peran pengendalian intern sebagai fondasi tata kelola berkelanjutan yang menopang kualitas ESG disclosure pada perbankan BUMN di Indonesia. Metode penelitian menggunakan structured narrative literature review terhadap artikel jurnal nasional dan internasional bereputasi yang membahas pengendalian intern, tata kelola perusahaan, dan ESG disclosure. Hasil sintesis literatur menunjukkan bahwa kualitas pengendalian intern berasosiasi erat dengan kualitas ESG disclosure, pengelolaan risiko ESG, lingkungan etis organisasi, serta stabilitas perbankan. Pengendalian intern berfungsi sebagai mekanisme assurance awal atas integrasi ESG, sementara kelemahan pengendalian intern berpotensi menurunkan kredibilitas pengungkapan ESG. Temuan ini menegaskan bahwa ESG disclosure yang berkualitas tidak dapat dipisahkan dari sistem pengendalian intern yang efektif dan terintegrasi. Artikel ini memberikan kontribusi konseptual dengan menjembatani kesenjangan literatur antara pengendalian intern dan sustainability governance, serta menjadi dasar bagi pengembangan kebijakan dan praktik ESG pada perbankan BUMN di Indonesia.
Pengaruh ROA, ROE, dan EPS Terhadap Harga Saham Perbankan Buku III Yang Tercatat di BEI Kenisha Arvianetta Sutantio; Amelia Setiawan
EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi Vol. 3 No. 6: September 2024
Publisher : CV. Ulil Albab Corp

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56799/ekoma.v3i6.5117

Abstract

The investment in the capital market is currently increasing among the public, emphasizing the urgency of providing financial literacy to enable individuals to make informed and intelligent investment decisions in the capital market. BUKU III was selected due to the relatively low per-share stock prices of the existing banks, allowing the public to have higher purchasing power. ROA, ROE, and EPS were chosen as the factors under review due to their widespread availability in financial reports, serving as a reference for the public in determining their investment choices. Previous studies focused on the impact of ROA, ROE, and EPS on stock prices in the BUKU IV (Tahir, Djuwarsa, and Mayasari, 2021). Their findings revealed that ROA had no significant independent influence on stock prices. Conversely, ROE and EPS, independently, significantly influenced stock prices in BUKU IV banks. Additionally, the simultaneous impact of ROA, ROE, and EPS affected the stock prices of BUKU IV banks. This study aims to explore whether ROA, ROE, and EPS exert influence on the BUKU III banks stock prices listed on the Indonesia Stock Exchange. The research method employed is the hypotheticodeductive method, utilizing quarterly data from 2018 to 2022, with a sample size of 5 companies. Data were collected from Stockbit, and the analysis methods used included t-tests, F-tests, and multiple linear regression analysis using Microsoft Office Excel and SPSS tools. The results indicate that ROA, ROE, and EPS do not have a partial or simultaneous impact on the stock prices of BUKU III banks.
Pengaruh FCF Dan Ukuran Perusahaan Terhadap Harga Saham Dimediasi Oleh Profitabilitas Joseph Ferigandhi Bede; Amelia Setiawan; Hamfri Djajadikerta
EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi Vol. 5 No. 2: Januari 2026
Publisher : CV. Ulil Albab Corp

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56799/ekoma.v5i2.14065

Abstract

Penurunan IHSG pada pertengahan Maret 2025 didorong oleh kombinasi faktor internal dan eksternal. Studi ini bertujuan untuk mengidentifikasi dan menganalisis variabel yang dapat memengaruhi fluktuasi harga saham dalam industri konsumen non-siklik yang terdaftar di Bursa Efek Indonesia. Arus Kas Bebas (FCF) dan ukuran perusahaan diperiksa sebagai variabel independen, sedangkan profitabilitas diposisikan sebagai variabel mediasi. Dengan menggunakan pendekatan kuantitatif, penelitian ini menggunakan data sekunder yang diperoleh dari laporan keuangan tahunan yang diaudit dan dianalisis dengan SmartPLS 3.0 melalui pengujian model dalam dan luar. Hasil empiris menunjukkan bahwa baik ukuran perusahaan maupun FCF tidak memiliki dampak langsung pada harga saham, sedangkan profitabilitas menunjukkan pengaruh langsung yang signifikan. Selain itu, baik FCF maupun ukuran perusahaan ditemukan secara signifikan memengaruhi profitabilitas. Analisis lebih lanjut menunjukkan bahwa profitabilitas berhasil memediasi hubungan antara ukuran perusahaan dan harga saham, meskipun tidak memediasi hubungan antara FCF dan harga saham.
Dampak Penerapan Teknologi Video Assistant Referee (VAR) dalam Sepak Bola Yeremias Budi Irawan; Amelia Setiawan; Hamfri Djajadikerta
SATESI: Jurnal Sains Teknologi dan Sistem Informasi Vol. 5 No. 1 (2025): April 2025
Publisher : Yayasan Pendidikan Penelitian Pengabdian ALGERO

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54259/satesi.v5i1.3605

Abstract

This study examines the impact of implementing Video Assistant Referee (VAR) technology in football through a systematic literature review covering journals, books, research reports, and online articles. The analysis focuses on publications from the last five years ( from accredited international and national journals. Literature selection was conducted to ensure that only studies relevant to VAR in the context of professional football were analyzed. The results show that VAR improves the fairness and accuracy of referee decisions, especially in reducing fouls, offsides, and bias against the home team. This technology strengthens the integrity of the match, although there is still criticism that the length of the review slows down the rhythm of the game. From a business perspective, VAR has a positive impact on increasing club and league revenues through broadcasting rights, tickets, and merchandise, as well as attracting new sponsors by strengthening the image of professionalism in the competition. This study provides practical recommendations for league organizers in implementing VAR consistently and efficiently. Technological innovations such as semi-automated offside technology (SAOT) and artificial intelligence (AI) are projected to speed up the review process and increase transparency, supporting the growth of a fairer and more competitive modern football.
Pengaruh Implementasi Enterprise Resource Planning dalam Supply Chain Management: Sebuah Tinjauan Literatur Glorie Fajar Paularine; Amelia Setiawan; Hamfri Djajadikerta
SATESI: Jurnal Sains Teknologi dan Sistem Informasi Vol. 5 No. 1 (2025): April 2025
Publisher : Yayasan Pendidikan Penelitian Pengabdian ALGERO

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54259/satesi.v5i1.4067

Abstract

The implementation of Enterprise Resource Planning (ERP) systems in Supply Chain Management (SCM) has become an important strategy for companies across various industry sectors worldwide. ERP helps integrate various business functions into a coordinated system, enhancing operational efficiency and supporting a company's competitiveness in the global market. However, ERP implementation is not without challenges. High costs, resistance to change within organizations, and the complexity of integration with existing systems are major obstacles to implementation. The success of ERP implementation depends heavily on key factors such as strong support from top management, readiness of human resources, and selecting the right system according to the company's needs. Comprehensive training and effective change management are necessary to ensure employees can adapt to the new system. This study emphasizes the importance of regular evaluations to ensure the ERP system functions properly and delivers optimal benefits. Additionally, the research also suggests exploring more flexible ERP implementation strategies for small and medium-sized enterprises (SMEs), as well as integrating the latest technologies like artificial intelligence (AI) and blockchain to enhance supply chain efficiency. Further research is expected to provide new insights into best practices and innovations in ERP implementation across various industry sectors.
Penerapan Augmented Reality sebagai Alat Pemasaran untuk Meningkatkan Keterlibatan dan Loyalitas Konsumen: Studi pada Aplikasi IKEA Place Angelina Cindy Setiawan; Amelia Setiawan; Hamfri Djajadikerta
SATESI: Jurnal Sains Teknologi dan Sistem Informasi Vol. 5 No. 1 (2025): April 2025
Publisher : Yayasan Pendidikan Penelitian Pengabdian ALGERO

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54259/satesi.v5i1.4172

Abstract

Augmented Reality (AR) technology has emerged as an innovative tool in digital marketing, particularly in enhancing consumer engagement and brand loyalty. This study explores how AR implementation in IKEA Place contributes to a more interactive and personalized shopping experience. AR allows consumers to visualize furniture in their real environment, increasing confidence in purchasing decisions and reducing product return rates. Using a literature review approach, this research identifies the benefits of AR in fostering emotional connections between consumers and brands, while also highlighting challenges such as visual accuracy, consumer readiness, digital integration, and infrastructure limitations. Findings suggest that AR not only enhances consumer engagement but also serves as a differentiation strategy that strengthens brand loyalty. To maximize AR’s potential, IKEA should improve product visualization accuracy, expand consumer education, and ensure broader accessibility to AR technology. Ultimately, AR can become a key component in modern marketing strategies, driving both consumer attraction and long-term retention.
Co-Authors Agus Hasan P.A Aldifayan, Nisrina Andrew Christian Sudjono Andrew Christian Sudjono Andriana, Gisella Angelina Cindy Setiawan Anjarany, Shabrina Antonius Bimo Rentor Binekas, Bani Budiana Gomulia Calista, Nissa Chatherine Melinda Damajanti Tanumihardja Devinsa Aurelle Gunawan Devita Wulandari Dewanti, Monica Paramita Ratna Putri Dewanti, Monica Paramita Ratna Putri Djadjadikerta, Hamfri Faninda, Sandra Fanji Farman Fannyra Lianty Fernando Mulia Fransisca Elza Gisella Andriana Glorie Fajar Paularine Gunawan, Agnes Regina Gustantio, Esther Rendy Gwendry Ramadhany Haki, Billy Adriyadi Halim, Fidelia Vanessa Hamfri Djajadikerta Hamfri Djajadikerta Haryanto Haryanto Haryono, Jane Magdalena Heryadi , Alicya Ina Nusuki Intan, Angela Irfan Haryanto Irma Suryani Iskandar, Sesilia Abigail Ivana Melinda Jeremy Evan Yusuf Joseph Ferigandhi Bede Joychristy, Eveline Judith Tagal Gallena Sinaga Katlea Fitriani Kenisha Arvianetta Sutantio Khaliza, Lidya Adisti Ghaida Nur Kusuma Natita, Rendi Lidwina Andrea Gunarso Lilian Danil Lusanjaya, Gery Lusia Victolia Maengkom, Miriam Renee Magnaz Lestira Oktaroza Maratno, Sylvia Fettry Elvira Marcella Virginia, Agnes Michael Michael Miriam Renee Maengkom Monica, Cassia Muhammad Rizal Satria Muliawati Muliawati Nikolaus, Khoe Felicia Nina Septina Noviana, Yosephine Artha Nurhadewa, Kresna Nurwijayanti Patrick Pebrian Pratama Phanduwinata, Catherine Puji Astuti Rahayu Rahman, Erpi Registiany, Via Retno L. Adriani Ria Satyarini Rizki Indrawan Rustanto, Vina Regina Samuel Wirawan Sandra Faninda Santoso, Nathalia Sasmitapura, Angga Setiawan, Stanley Sudjono, Andrew Christian Susilo, Agustinus Sylvia Fettry E.M Sylvia Fettry Elvira Maratno Tanaya, Alicia Valerie Vareen Canovala Veronika Veronika Vicky Dzaky Cahaya Putra Yane Devi Anna Yeremias Budi Irawan Yogi Ginanjar Yusuf, Jeremy Evan Yuwono, Aurelia Marvetta