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All Journal The Indonesian Journal of Business Administration Accounting Analysis Journal Panggung JURNAL AKUNTANSI DAN BISNIS : Jurnal Program Studi Akuntansi Owner : Riset dan Jurnal Akuntansi Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan Jesya (Jurnal Ekonomi dan Ekonomi Syariah) JIKA: Jurnal Ilmu Keuangan dan Perbankan Aptisi Transactions on Technopreneurship (ATT) KEK (Kajian Ekonomi dan Keuangan) FINANCIAL : JURNAL AKUNTANSI JURNAL PEMBELAJARAN DAN MATEMATIKA SIGMA (JPMS) Jurnal Manajemen Didaktik : Jurnal Ilmiah PGSD STKIP Subang Jurnal Akuntansi dan Bisnis Krisnadwipayana IAIC Transactions on Sustainable Digital Innovation (ITSDI) ADI Pengabdian kepada Masyarakat Jurnal (ADIMAS Jurnal) Jurnal Ilmiah Raflesia Akuntansi Jurnal Bisnis Mahasiswa Jurnal Ilmiah Bisnis dan Perpajakan (Bijak) Jurnal Pengabdian Masyarakat Bestari (JPMB) Formosa Journal of Applied Sciences (FJAS) Jurnal Pengabdian Masyarakat Inovasi Startupreneur Business Digital (SABDA Journal) Jurnal MENTARI: Manajemen, Pendidikan dan Teknologi Informasi Journal of Artificial Intelligence and Digital Business Indonesian Journal of Advanced Social Works (DARMA) Jurnal Pengabdian Pada Masyarakat METHABDI Majalah Ilmiah METHODA TAMIKA: Jurnal Tugas Akhir Manajemen Informatika & Komputerisasi Akuntansi Jurnal Akuntansi Manado (JAIM) Indonesian Journal of Interdisciplinary Research in Science and Technology (MARCOPOLO) Basic and Applied Accounting Research Journal International Transactions on Education Technology (ITEE) Indonesian Journal of Banking and Financial Technology (FINTECH) Jurnal Ilmiah Accusi Manajemen : Jurnal Ekonomi Jurnal Akuntansi dan Bisnis Krisnadwipayana Jurnal Ilmiah METHONOMI Jurnal Ilmu Manajemen METHONOMIX METHOSIKA: Jurnal Akuntansi dan Keuangan Methodist BEAM Jurnal SENI MUSIK
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PENGARUH ARUS KAS, NILAI PERUSAHAAN, TOTAL ASET DAN LABA AKUNTANSI TERHADAP RETURN SAHAM PADA PERUSAHAAN SEKTOR INDUSTRI BARANG KONSUMSI YANG TERDAFTAR DI BEI TAHUN 2020-2022 Erika; Niastyna Simorangkir; Thomas Sumarsan Goh; Arthur Simanjuntak; Syawaluddin
Manajemen: Jurnal Ekonomi USI Vol 6 No 3 (2024): Manajemen : Jurnal Ekonomi Vol 6 No 3 November 2024
Publisher : Fakultas Ekonomi Universitas Simalungun

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36985/nv8f9m17

Abstract

Penelitian ini bertujuan untuk menguji pengaruh arus kas, nilai perusahaan, total aset dan laba akuntansi terhadap return saham secara parsial dan pengaruh arus kas, nilai perusahaan, total aset dan laba akuntansi secara bersama-sama terhadap return saham dengan menggunakan populasi pada perusahaan sektor industri barang konsumsi yang terdaftar di BEI periode 2020 - 2022. Sampel di dalam penelitian ini dipilih dengan menggunakan metode data sekunder. Hasil penelitian ini menunjukkan bahwa secara parsial arus kas operasi, dividend payout ratio, total asset turnover dan Laba Akuntansi tidak berpengaruh terhadap return saham, Return on Equity berpengaruh negatif dan signifikan terhadap return saham. Sedangkan Price to Book Value Ratio berpengaruh positif dan signifikan terhadap return saham. Dan hasil dari uji F memiliki nilai Fhitung 6.865 > Ftabel 2.18 yang artinya varibel arus kas investasi, return on equity, dividend payout ratio, price to book value ratio, total asset turnover dan Laba akuntansi berpengaruh positif dan signifikan terhadap return saham
ANALISIS FAKTOR - FAKTOR KEUANGAN DAN EKONOMI TERHADAP RETURN SAHAM Erika Erika; Niastyna Simorangkir; Arthur Simanjuntak; Thomas Sumarsan Goh
Manajemen: Jurnal Ekonomi USI Vol 7 No 1 (2025): Manajemen : Jurnal Ekonomi
Publisher : Fakultas Ekonomi Universitas Simalungun

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36985/drppt983

Abstract

Penelitian ini bertujuan untuk menguji pengaruh profitabilitas, likuiditas, equity multiplier, inflasi, market capitalization, dan kebijakan dividen terhadap return saham secara simultan dan profitabilitas, likuiditas, equity multiplier, inflasi, market capitalization, dan kebijakan dividen secara bersama - sama terhadap return saham dengan menggunakan populasi pada perusahaan manufaktur yang terdaftar di BEI periode 2020 - 2022. Sampel di dalam penelitian ini dipilih dengan menggunakan metode data sekunder. Dari hasil penelitian likuiditas, equity multiplier, market capitalization, dan kebijakan dividen tidak berpengaruh terhadap return saham. Sedangkan profitabilitas dan inflasi berpengaruh terhadap return saham. Dan hasil dari uji F memiliki nilai Fhitung 2.290 > Ftabel 2.28 artinya bahwa profitabilitas, likuiditas, multiplier equity, inflasi, market capitalization, dan kebijakan dividen memberikan pengaruh positif terhadap return saham pada perusahaan manufaktur periode 2020 – 2022
SISTEM INFORMASI AKUNTANSI PENERIMAAN DAN PENGELUARAN KAS PADA WISATA NAKNY FUNLAND Sitorus, Wilona Edra Rachel; Hutapea, Marlyna Infryanty; Simanjuntak, Arthur
TAMIKA: Jurnal Tugas Akhir Manajemen Informatika & Komputerisasi Akuntansi Vol 3 No 1 (2023): TAMIKA: Jurnal Tugas Akhir Manajemen Informatika & Komputerisasi Akuntansi
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/tamika.Vol3No1.pp58-70

Abstract

One of the tourist attractions from Deli Serdang, North Sumatra, which recently went viral is Nakny Funland. Nakny Funland is frequently visited by local tourists and tourists from outside the region, however currently Nakny Funland still uses the manual method in its system, namely by recording a book system in the process of recording ticket sales and financial reports so there is a high probability that errors can occur in entering data, errors in calculations. data on tickets sold, errors in making financial reports, and can hamper the search process for the data needed. Therefore, we need an accounting information system that can produce faster and more accurate information. The author will create a ticket sales accounting information system at Nakny Funland Tourism using Microsoft Visual Basic 2010 as software and MySQL as database to process the data. The purpose of creating this system is to assist the performance of officers and persons in charge at Nakny Funland Tourism in making the process of recording ticket sales and financial reports easier, faster, and more accurate, and can minimize errors in making records.
The Influence of Green Innovation and Environmental Responsibility on Company Value in the Consumer Goods Industry Sector Listed on the Indonesia Stock Exchange for the Period 2020 – 2023 Sitanggang, David Patar; Simanjuntak, Arthur; Ginting, Mitha Christina; Elisabeth, Duma Megaria
Basic and Applied Accounting Research Journal Vol 5 No 1 (2025): Basic and Applied Accounting Research Journal
Publisher : Future Science

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Abstract

This research examines the relationship between green innovation and environmental responsibility on company valuation across 12 purposively selected consumer sector businesses from 51 companies listed on the IDX (2020-2023). Through multiple linear regression using SPSS 26, the findings reveal that individually both variables have a significant negative impact on company value, while simultaneously demonstrating a significant influence. The coefficient of determination indicates the research model explains 19.7% of variations in company value, with 80.3% influenced by external factors. These findings present a new perspective on the complex relationship between sustainable practices and market perceptions of company value in the Indonesian consumer industry context, which differs from conventional stakeholder expectations.
Analysis of Green Financing and Capital Adequacy on Profitability in the Bank-ing Sector Listed on the Indonesia Stock Exchange (2020-2023) Panggabean, Michael Armando; Simanjuntak, Arthur; Sagala, Farida
Basic and Applied Accounting Research Journal Vol 5 No 1 (2025): Basic and Applied Accounting Research Journal
Publisher : Future Science

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Abstract

Green Financing, also referred to as environmentally sound financing, is in line with the long-term development goals set by the United Nations for Environment Protection (UNEP), and involves collaboration with governments, financial authorities, and banking institutions. On the other hand, Capital Adequacy is an important element for banks in building their business and anticipating potential losses. Capital Adequacy Ratio (CAR) is an indicator of a bank's capital that shows management's ability to monitor and control risks that have the potential to affect the bank's capital structure. This study uses a casual associative approach by analyzing the annual reports of each bank, included in the category of quantitative research. The data collection step used is a quantitative method that aims to collect information from the banks that are the object of the research. In this study, there are free and bound variables. A casual associative approach was chosen to observe how much impact Green Financing and Capital Adequacy have on Profitability. Green Financing is used as a variable X1, Capital Adequacy as a variable X2, and Profitability as a variable Y. This research is focused on banking institutions in Indonesia, especially banks that are included in the categories of Book III and Book IV listed on the Indonesia Stock Exchange during the period 2020 to 2023.
The The Influence Of Good Corporate Governance On Company Performance Reg-istered Transportation On The Indonesia Stock Exchange Period 2020-2023 Hutabarat, Eloy Charolina; Simanjuntak, Arthur; Sipayung, Tri Dharma
Basic and Applied Accounting Research Journal Vol 5 No 1 (2025): Basic and Applied Accounting Research Journal
Publisher : Future Science

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Abstract

This study aims to determine the influence of Good Corporate Governance or based on the mechanism of the Audit Committee, Board of Directors, and Board of Independent Commissioners, partially and simultaneously on the Company's Performance in Transportation Companies Listed on the Indonesia Stock Exchange for the 20202-2023 period. The period used in this study is four years, starting from 2020-2023. Samples were taken using the purposive sampling method. The population in this study is all transportation companies that have been and are still listed on the Indonesia Stock Exchange for the 2020-2023 period. From the population of 37 Transportation companies, 11 Transportation companies were obtained as a sample with an observation period of three years (2020-2023). The software analysis used in this study is with IBM SPSS Statistics 26. The results of this study show that the Audit Committee variables have no direct effect and are not significant on the company's performance. The results of this study also show that the variables of the Board of Directors that directly have a significant influence on the company's performance. The Board of Independent Commissioners has an influence and significance on the Company's Performance. And the Audit Committee, Board of Directors and Board of Independent Commissioners simultaneously affect the Performance of Transportation Companies listed on the Indonesia Stock Exchange for the 2020-2023 period.
The Effect of Intellectual Capital, Corporate Social Responsibility Disclosure and Environmental Performance on Financial Performance Case Study of State-Owned Enterprises Listed on the Indonesia Stock Exchange in the Period 2021-2023 Purba, Livia Grestallia; Simanjuntak, Arthur; Elisabeth, Duma Megaria
Basic and Applied Accounting Research Journal Vol 5 No 1 (2025): Basic and Applied Accounting Research Journal
Publisher : Future Science

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Abstract

The aim of this study is to investigate how intellectual capital, CSR, and environmental performance affect the financial performance of an organization. This research uses data from company websites, BEI, and Keme The independent variables used are the company's financial performance, as measured by ROA and ROE. Other independent variables are Intelctual capital, as measured by VAICTM, corporate social responsibility disclosure, as measured by CSRIj, and environmental performance, as measured by PROPER. The purposive sampling method produced 51 company data as research samples. Hypothesis testing using multiple regression analysis. This study processed the data with Microsoft Excel and tested with SPSS 25. The results showed that intellectual population, CSR disclosure, and environmental performance affect financial performance.
The Influence of Income Diversification, Operational Efficiency, Credit Risk, and Bank Size on the Profitability of the Banking Subsector Listed on the Indonesia Stock Exchange Period 2019-2023 Giawa, Berkat; Purba, Sahala; Simanjuntak, Wesly Andri; Simanjuntak, Arthur
Basic and Applied Accounting Research Journal Vol 5 No 1 (2025): Basic and Applied Accounting Research Journal
Publisher : Future Science

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Abstract

This study investigates the influence of specific banking characteristics on profitability within the Indonesian banking sector. The research examines whether income diversification, operational efficiency, credit risk, and bank size significantly impact profitability measures among financial institutions listed on the Indonesia Stock Exchange. The investigation focuses on determining whether these four key banking variables demonstrate meaningful associations with profitability performance. From a population of 47 banking institutions, 10 representative companies were selected through purposive sampling methods. Financial data was obtained from annual reports of banking subsector companies covering the period 2019-2023. The study employs a quantitative descriptive framework utilizing multiple analytical approaches including descriptive statistics, classical assumption testing, and hypothesis assessment through regression analysis using SPSS version 26 software. The findings reveal that: Income diversification exhibits a positive but statistically insignificant relationship with profitability measures; Operational efficiency shows a negative and statistically significant effect on profitability indicators; Credit risk demonstrates a negative and statistically significant influence on profitability performance; and Bank size displays a positive but statistically insignificant impact on profitability outcomes. For future research endeavors, this study suggests extending the observation period, enhancing methodological transparency, and complementing financial statement analysis with comprehensive multi-source data integration.
Corporate Social Responsibility as a Mediating Variable: The Impact of Environmental Performance, Firm Size, and Environmental Costs on Financial Performance of Manufacturing Companies Listed on the Indonesia Stock Exchange Samosir, Yosafat Renovaldo; Simanjuntak, Arthur; Simanjuntak, Gracesiela; Simanjuntak, Wesly Andri
Basic and Applied Accounting Research Journal Vol 5 No 1 (2025): Basic and Applied Accounting Research Journal
Publisher : Future Science

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Abstract

This study aims to analyze the role of Corporate Social Responsibility (CSR) as an intervening variable in the influence of environmental performance, company size, and environmental costs on financial performance in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2020–2023. The data used were obtained from annual reports and sustainability reports of companies published during the study period. The results of the study indicate that environmental performance, company size, and environmental costs have a significant effect on financial performance, both directly and indirectly through Corporate Social Responsibility (CSR) as an intervening variable. These findings indicate that Corporate Social Responsibility (CSR) has an important role in strengthening the relationship between a company's environmental factors and its financial performance. The results of the determination coefficient test show that 20.6% of the dependent variable (ROA) can be explained by the existing independent variables, namely financial performance, environmental costs, and company size, while the remaining 79.4% is influenced by other variables not explained in this study. The implications of this study indicate that companies need to integrate Corporate Social Responsibility (CSR) practices partially and mediating variables strategically to improve sustainability and long-term financial performance.
Opportunities and Challenges in Implementing Circular Economy within Digital Platforms Nolan Liam; Arthur Simanjuntak; Henry Newell; Tan, Wei Xiang
International Transactions on Education Technology (ITEE) Vol. 3 No. 2 (2025): International Transactions on Education Technology (ITEE)
Publisher : Pandawan Sejahtera Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/itee.v3i2.765

Abstract

The rapid advancement of digital platforms has opened new avenues for integrating circular economy practices, particularly in optimizing resource use, reducing waste, and fostering sustainable growth. This study aims to investigate both the opportunities and challenges that organizations encounter when implementing circular economy principles within digital environments, focusing on how these platforms can drive more sustainable operations. Adopting a mixed-methods approach, the research gathers quantitative data from digital platform users through surveys and qualitative insights from in-depth interviews with industry experts and business owners across various sectors. The findings indicate that digital platforms present significant opportunities for enhancing resource efficiency, promoting product life extension through recycling and reuse options, and enabling collaborative networks that support circular practices. However, substantial challenges are identified, including high initial investment costs, technical and regulatory barriers, and a lack of widespread digital literacy, especially among small and medium-sized enterprises. Additionally, the research highlights issues related to data privacy and technological compatibility, which can limit broader adoption and effective implementation of circular strategies. The study concludes that while digital platforms hold transformative potential for advancing circular economy goals, success depends on developing supportive policies, fostering collaborative ecosystems, and enhancing digital skills across industries to overcome these obstacles. This research provides valuable insights for policymakers, business leaders, and technology providers seeking to leverage digital tools in the shift toward a sustainable circular economy.
Co-Authors Amsal Steven Trian Marpaung Andriasan Sudarso Angel, Mary APRIANI M. SIBARANI Arie Tymoty Rainaldo Ginting Arison Nainggolan Arison Nainggolan, Arison Aritonang, Tacya S Arthika Iradat R Lase Asep Sutarman Asher Nuche Astri Madonna Damanik Azizul Kholis, Azizul Br Ginting, Wulan Febriyanti Br. Sembiring, Vebina N. Brilliant Handyman Manalu Butarbutar, Riska Septiani AMT Christina V Situmorang Christina Verawati Situmorang Christina Verawaty Situmorang Christina Verawaty Situmorang Christofer Parmahan Sibarani Cindy Erisha Sihombing Damanik, Dennys Paulus Parlindungan Dave Nathanael David Patar Sitangggang Deby Tobing Dennys Paulus Parlindungan Damanik Depi Erosna Br Tarigan Dewi Delima Hutagalung Diego Abbas Dimita H. P. Purba Doli Hasibuan Duma Megaria Elisabeth Duma Rachel Situmorang Duma Rahel Situmorang Duma Rahel Situmorang, Duma Rahel Dwi Cahyono Edison Sagala Elvie Maria Emiya Sri Hagana Br Brahmana Endi Juli Anto Enjelina Patrisya Uli Br Sitorus Erika Erika Erika Erika Erika Erika Erika Eviyanti N. Purba Fanny Kristina Siregar Farida Sagala Frengky Samuel Panjaitan Gavin Egianta Sembiring Gea, Joni Kurniawan Gebi Foresa Lumban Gaol Giawa, Berkat Ginting , Arie Tymoty Rainaldo Ginting, Juni Elisa Sari Ginting, Mitha C. Ginting, Mitha Christina Gortap Lumbantoruan Gracesiela Y Simanjuntak Gracesiela Y Simanjuntak Gracesiela Yosephine Simanjuntak GRACESIELA YOSEPHINE SIMANJUNTAK Gracesiella Y. Simanjuntak Harimukti Wandebori Hendriko Hutagaol Henry Henry Henry Newell Henry, Henry Heri Imanuel Nadeak Heri Imanuel Nadeak Herlina Risnawati Sitorus Hutabarat, Eloy Charolina Hutagaol, Hendriko Ika Yuni Purnama Indri Mariska Putri Ivo M. Silitonga Ivo Maelina Silitonga Ivo Maelina Silitonga Ivo Maelina Silitonga Jaja Suteja Jamaluddin Januardi Mesakh Januardi Mesakh Jeudi A. T. P. Sianturi Jimmy F. Naibaho Joni Kurniawan Gea Juni Elisa Sari Ginting Junika Napitupulu Junita, Rahel Karsa, Aldo Hermaya Aditiya Nur Klemens Putera Sejahtera Lamria Sagala Lamria Sagala Lamria Sagala Lase, Arthika Iradat R Leni Natalia Siagian Lince R. Panataria Lumban Gaol, Gebi Foresa Lumbangaol, Idaman Sagita Lyna M. N. Hutapea M. M. Pasaribu Pasaribu M.N. Nadapdap, Kristanty Maelina Silitonga, Ivo Manalu, Theresia Margaretha Marini Sinaga Marpaung, Amsal Steven Trian Marta Nurfiza Siahaan Martin Yehezkiel Sianipar May Sartika Tarigan Melanthon Rumapea Meliati Meliati Melinda Br Pasaribu Merry Anna Napitupulu Mesakh, Januardi Mitha Christina Ginting Mitha Christina Ginting Mitha Christina Ginting Mitha Christina Ginting Mohamad Agus Salim Muhammad Isa Alamsyahbana Muhammad Nur Muhammady Mulatua Silalahi, Mulatua Nadapdap, Kristanty M. N. Nadeak, Heri Nadeak, Heri Imanuel Naomi Febrianti Siringoringo Necia Mita Novalina Pasaribu Nestan Theresia Natalia Niastyna Simorangkir Nindy L Simanullang Nolan Liam Nova Syahrani Arasid Novi Darmayanti Nurfiza, Marta Nurwijayanti P. Silalahi, Mulatua Pakpahan, Juliana Panggabean, Michael Armando Panjaitan, Frengky Samuel Panjaitan, Rike Y. Panjaitan, Rike Yolanda Primadanik, Maylinda Priskila Sinaga Purba, Livia Grestallia Purnama Sari Br Sinulingga PUTRI JESICA SITORUS Putri Sopianna Sianturi Rachel Br. Tumorang Rahel Situmorang, Duma Rajagukguk, Eva Gloria Rani Farida Sinaga Rasmulia Sembiring Ratih S. Panjaitan Rehulina Ibrena Br. Tarigan Reymondo Simanjuntak Rike Y. Panjaitan Rike Yolanda Panjaitan Rike Yolanda Panjaitan Rimky M. P. Simanjuntak Rimky Mandala Simanjuntak Rintan Saragih Rintan Saragih, Rintan Rio Juanda Putra Saragih Riska Septiani AMT Butarbutar Rizki Galang Rahmadan Robinhot Gultom Roma Simbolon Rumapea, Bonia Ayunita Sagala, Lamria Sahala Purba Samosir, Yosafat Renovaldo Sandhya Widhinugraha Saragih, Rio Juanda Putra Saur Melianna Sipayung, Saur Melianna sebastian pardede Selvina Dwi Putri Sembiring, Yosephine N. Sembiring, Yosephine Natalita Sembiring, Yosephine Natalitha Septoni B Siahaan Septony B. Siahaan Sheila Aulia Anjani Sianturi, Putri Sopianna Sibarani, Apriani M SIBARANI, APRIANI M. Sibarani, Christofer Parmahan Sihombing, Cindy Erisha Silalahi, Mulatua P Silitonga, Ivo Silitonga, Ivo M. Simamora, Sri Hartati Simanjuntak, Faido M Simanjuntak, Faido M.P. Simanjuntak, Grace Y Simanjuntak, Gracesiela Simanjuntak, Gracesiela Y Simanjuntak, Gracesiela Y. SIMANJUNTAK, GRACESIELA YOSEPHINE SIMANJUNTAK, MARKUS DODDY Simanjuntak, Reymondo Simanjuntak, Rimky M. P. Simanjuntak, Rimky Mandala Simanullang, Nindy L Simarmata, Lamdapot Pranata Simbolon, Lolyta Damora Simbolon, Roma Sinaga, Priskila Sipayung, Saur Meliana Siregar, Ahlan Jefri Siregar, Jeremia Sitanggang, David Patar Siti Normi Sitorus, Enjelina Patrisya Uli Br Sitorus, Wilona Edra Rachel Situmorang, Christina Verawaty Situmorang, Christina Verawaty Sri Hartati Simamora Sugiharto, Erwin Suhada Suhada Sumarsan, Thomas Syaharman Syaharman Syawaluddin Tan, Wei Xiang Tarigan , Depi Erosna Br Telaumbanua, Naomi Deswita Thomas Sumarsan Goh Tiur Rajagukguk, Tiur Tri Darma Sipayung Tri Dharma Sipayung Tri Dharma Sipayung, Tri Dharma Vaher, Kristina Victor Victor Vinsensia Ratna Laia Vivi Valensya Br Karo Wesly Andri Simanjuntak Wilona Edra Rachel Sitorus Winarto Winarto Winarto Wulan Febriyanti Br Ginting Y. Simanjuntak, Gracesiela Yerisma Welly Yosephine N. Sembiring Yosephine Natalita Sembiring Yosephine Sembiring Yulia Riska Manik Yuliana Lisa Walean Zabenaso Queen Zahri Fadli