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All Journal Jurnal Keuangan dan Perbankan Journal of Economics, Business, & Accountancy Ventura Jurnal Aplikasi Bisnis dan Manajemen (JABM) E-Journal Jurnal Manajemen. Jurnal Pemberdayaan Masyarakat Madani (JPMM) Jurnal Pendidikan Ekonomi & Bisnis JURNAL DINAMIKA MANAJEMEN DAN BISNIS Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Journal of Economic, Bussines and Accounting (COSTING) JRMSI - Jurnal Riset Manajemen Sains Indonesia YUME : Journal of Management IJoASER (International Journal on Advanced Science, Education, and Religion) KREATIF : Jurnal Ilmiah Prodi Manajemen Universitas Pamulang Management Studies and Entrepreneurship Journal (MSEJ) Jurnal Manajemen BERDAYA: Jurnal Pendidikan dan Pengabdian Kepada Masyarakat Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Indonesian Journal of Economy, Business, Entrepreneuship and Finance (IJEBEF) International Journal of Engagement and Empowerment (IJE2) International Journal of Education, Social Studies, And Management (IJESSM) Jurnal Al-Qiyam Jurnal Tana Mana Prosiding Seminar Nasional Pengabdian Kepada Masyarakat PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS Global Advances in Business Studies Jurnal Pijar : Studi Manajemen dan Bisnis Jurnal Indonesia Sosial Sains Wawasan : Jurnal Ilmu Manajemen, Ekonomi dan Kewirausahaan Jurnal Riset Manajemen Enrichment: Journal of Multidisciplinary Research and Development International Journal of Economics, Management and Accounting Lokawati: Jurnal Penelitian Manajemen dan Inovasi Riset Riset Ilmu Manajemen Bisnis dan Akuntansi Jurnal Bisnis, Manajemen, dan Keuangan IIJSE El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Journal of Law and Social Politics PENG: Jurnal Ekonomi dan Manajemen International Journal of Economics and Management Sciences Asian Journal of Management, Entrepreneurship and Social Science Jurnal Ekonomi, Manajemen, Akuntansi Ekopedia: Jurnal Ilmiah Ekonomi Jejak digital: Jurnal Ilmiah Multidisiplin Journal of Business Application
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Pengaruh Transformasi Digital Terhadap Kinerja Keuangan Melalui Efisiensi Operasional Pada Perbankan Periode 2015-2024 Quinasa Rama Herlanlam; Gatot Nazir Ahmad; Ryna Parlyna
Jejak digital: Jurnal Ilmiah Multidisiplin Vol. 2 No. 1 (2026): JANUARI
Publisher : INDO PUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/7y1ab664

Abstract

This study aims to analyze the effect of digital transformation on financial performance, with operational efficiency as a mediating variable, in the Indonesian banking sector. The background of this study is based on the massive adoption of digital technology in the banking industry, which requires significant capital investment, potentially having a dual impact in the form of increased revenue and pressure on banks' operating expenses. This study uses a quantitative approach with a panel data regression method to estimate the relationship between variables. The study population includes commercial banks listed on the Indonesia Stock Exchange, with samples drawn using a purposive sampling technique during the 2015–2024 period, resulting in data from 25 banks that meet the criteria. The analysis technique involves selecting the best model through the Chow and Hausman test, the classical assumption test, and the Sobel test for mediation. The results show that digital transformation has a positive effect on operating expenses and also has a significant positive and direct effect on financial performance. Operational efficiency has been shown to have a significant negative effect on financial performance. Furthermore, operational efficiency plays a significant role as a mediating variable in the relationship between digital transformation and financial performance, with a negative indirect effect. These findings confirm that while digital transformation is a strategic asset capable of boosting revenue according to the Resource-Based View theory, its success in increasing profitability depends heavily on management's ability to efficiently control investment costs.
Pengaruh Investor Attention dan Economic Policy Uncertainty Terhadap Kinerja Pasar Saham Bank KBMI 4 Muhammad Yoga Pratama; Gatot Nazir Ahmad; Ryna Parlyna
Jejak digital: Jurnal Ilmiah Multidisiplin Vol. 2 No. 1 (2026): JANUARI
Publisher : INDO PUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/a5vv7e27

Abstract

This research is motivated by the phenomenon of increasing retail investor participation in the digital era and rising global economic uncertainty affecting capital market dynamics. This study aims to analyze the influence of behavioral finance aspects proxied by investor attention and global macroeconomic aspects proxied by US Economic Policy Uncertainty (US EPU) on stock market performance, specifically stock return and stock liquidity. The unit of analysis in this study is the banking companies under the Core Capital Bank Group (KBMI) 4 category listed on the Indonesia Stock Exchange (IDX), selected due to their largest market capitalization and high liquidity. This study employs a quantitative approach using daily secondary data. The data analysis technique used is panel data regression with the Fixed Effect Model (FEM) estimation, corrected using Robust Standard Error (White) to address heteroscedasticity issues. Hypothesis testing was conducted to observe the partial and simultaneous effects of independent variables on dependent variables. The results reveal diverse empirical findings. First, investor attention proxied by Google Search Volume Index (GSVI) has a negative and significant effect on stock return, indicating that a surge in information search is interpreted by the market as a risk signal due to information asymmetry, thereby triggering selling pressure. Second, investor attention has a positive and significant effect on stock liquidity, proving that information dissemination can encourage market participation. Third, US EPU does not have a significant effect on stock return, demonstrating the high resilience of Indonesia's banking fundamentals against global issues. Fourth, US EPU has a negative and significant effect on stock liquidity due to investors' wait-and-see behavior. This study recommends that investors be more rational in filtering digital information to avoid momentary panic, and suggests that regulators monitor digital sentiment as an early indicator of market volatility.
Determinan Keputusan Investasi; Studi pada Generasi Sandwich Muchammad Ichsan Kamil; Gatot Nazir Ahmad; Umi Widyastuti
Journal of Business Application Vol. 3 No. 1 (2024): Journal of Business Application
Publisher : Univiversitas Dr. Djar Wattiheluw

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55098/jba.v3.i1.p19-31

Abstract

The number of the sandwich generation in Indonesia increased by 33.82% in 2021 compared to 2020. The latest figures also show the looming burden on Millennials to care for their parents. The sandwich generation continues to grow until financial responsibility is no longer limited to parents and biological children, but also to generations above and below who are still family. This is the background to this research which aims to analyze and determine the factors that influence investment decisions among the sandwich generation in Jakarta with an age range of 20 to 31 years. This research uses primary data and data collection methods using questionnaires distributed online. Questionnaire data was collected using Google Form by getting 200 respondents. Data analysis was carried out using the PLS Structural Equation Model (SEM). The findings of this research show that there is a positive and significant influence of financial literacy on investment decisions. Meanwhile, financial literacy on fear of missing out shows an negative affect and significant. Meanwhile, fear of missing out on investment decisions does not have a significant affect.
Pengaruh Foreign Direct Investment, Harga Minyak Dunia, Suku Bunga dan Nilai Tukar terhadap Return Indeks Harga Saham Gabungan Periode 2018-2022 Indah Ameilia Shedo; Gatot Nazir Ahmad; Destria Kurnianti
Journal of Business Application Vol. 2 No. 1 (2023): Journal of Business Application
Publisher : Univiversitas Dr. Djar Wattiheluw

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55098/jba.v2.i1.p60-74

Abstract

This study aims to test and analyze the effect of Foreign Direct Investment (FDI), World Oil Prices, Interest Rates, and Exchange Rates on the Return of the Composite Stock Price Index (JCI) for the 2018-2022 Period. The control variables used in this study are Covid-19 dummy and stock trading volume. The sample of this study is companies that consistently trade on the Indonesia Stock Exchange for the period 2018-2022 (60 observations). This study uses time series data. The theory used in this research is signal theory. The research data were tested using multiple linear regression tests, classical assumption tests, coefficient of determination tests, and t hypothesis tests. The test results show that world oil prices and interest rates have a significant positive effect on JCI returns, while the exchange rate and Covid-19 dummy have a significant negative effect on JCI returns. Foreign Direct Investment (FDI) and stock trading volume have no significant effect on JCI returns. Keywords: foreign direct investment (fdi), crude oil price , exchange rate ,jci return, , interest rate.
Pengaruh Faktor Financial dan Non-Financial Terhadap Financial Distress: Studi pada Industri FNB yang Terdaftar di BEI Periode 2016 – 2021 Nadia Indah Oktaviani; Gatot Nazir Ahmad; Destria Kurnianti
Journal of Business Application Vol. 2 No. 1 (2023): Journal of Business Application
Publisher : Univiversitas Dr. Djar Wattiheluw

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55098/jba.v2.i1.p75-94

Abstract

The purpose of this study was to examine the effect of CEO education, CEO expertise, leverage, and operating cash flow on financial distress in the food and beverage industry listed on the IDX for the 2016 to 2021 period. This study used a quantitative method with purposive sampling as a sampling method. The samples obtained were 102 companies and the type of data used was secondary data consisting of financial reports from 2016 to 2021 and each company's CEO profile. The data analysis technique used is logistic regression analysis. Based on the results of this study, it is known that CEO education, CEO expertise,and leverage do not have a significant effect on financial distress, while operating cash flow has a significant effect in a negative direction on financial distress.
Pengaruh Financial Attitude, Financial Socialization dan Financial Experience Terhadap Perilaku Manajemen Keuangan Rizka Afifa Idelia; Gatot Nazir Ahmad; Muhammad Edo Suryawan Siregar
Journal of Business Application Vol. 2 No. 2 (2023): Journal of Business Application
Publisher : Univiversitas Dr. Djar Wattiheluw

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55098/jba.v2.i2.p173-188

Abstract

This study aimed to examine the effect of financial attitudes, financial socialization, financial literacy and financial experience on financial management behavior. This study uses respondents with individual criteria aged 20-30 years and worked in the Greater Jakarta area. Respondents were selected using non-probability sampling methods and purposive sampling techniques. The data collection method was carried out using an online survey. Data were analyzed using the exploratory factor analysis (EFA) method to test the validity and look at Cronbach's alpha value for the reliability test. The general method variance test is intended to measure the bias or error that is owned in this research test. The structural equation model (SEM) was used to test this study's hypothesis. The results showed that financial attitudes and financial literacy had a significant effect on financial management behavior, financial socialization had a significant effect on financial literacy and financial experience had no significant impact on financial management behavior.
The Influence of Environmental, Social and Governance and the Risk of Financial Information Disclosure on Investment Efficiency in Environmentally Sensitive Industrial Companies in ASEAN 5 Period 2018-2022 Eka Irianingsih; Gatot Nazir Ahmad; Agung Dharmawan Buchdadi
International Journal of Economics, Management and Accounting (IJEMA) Vol. 1 No. 12 (2024)
Publisher : Lafadz Jaya Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ijema.v1i12.134

Abstract

The aim of this research is to examine the effect of Environmental, Social, and Governance (ESG) disclosure and Financial Information Disclosure on Investment Efficiency where the variables used in this research are the dependent variable (Investment Efficiency), the independent variable (ESG and Risk of Financial Information Disclosure) and control variables (Tangible, Leverage, Company Performance). The population in this study are environmentally sensitive industrial companies in ASEAN 5 which have active status and are listed on the Indonesia Stock Exchange (IDX), Singapore Stock Exchange (SGX), Malaysia Stock Exchange (MYX), Philippine Stock Exchange (PSE), and Stock Exchange Thailand (SET) for the period 2018 – 2022. Sampling was carried out by purposive sampling. Based on purposive sampling in sample selection, 250 research samples were obtained for five consecutive years. The findings of this research indicate that Environmental, Social, and Governance (ESG) has no effect on investment efficiency. Meanwhile, the Risk of Financial Information Disclosure has a positive and significant effect on investment efficiency.
Edukasi Transparansi dan Akuntabilitas Keuangan Pemerintah Daerah bagi Mahasiswa Andi Aditya Hardinto; Erika Takidah; Gatot Nazir Ahmad; Muhammad Yusuf; I Gusti Ketut Agung Ulupui; Donant Alananto Iskandar
BERDAYA: Jurnal Pendidikan dan Pengabdian Kepada Masyarakat Vol. 8 No. 3 (2026)
Publisher : LPMP Imperium

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36407/berdaya.v8i3.1892

Abstract

This community engagement program aimed to strengthen students’ understanding of transparency and accountability in local government financial reporting. Participants were Accounting Education students at Universitas Negeri Jakarta during the second semester of 2025/2026. A needs assessment indicated that transparency was mainly understood as document publication, while using financial information for civic oversight was not understood. The program was conducted from 13 May to 3 June 2026 through presentations, numerical examples, case discussions, and an information commission hearing role-play. Evaluation used five observable indicators, assessed through discussion responses, group analyses, role-play decisions, and activity documentation. Results showed that four indicators were achieved: distinguishing information availability from usability, explaining the elimination of internal transactions, differentiating budget-based and accrual-based reports, and formulating arguments for information access. One indicator, tracing figures through financial statement notes, was partially achieved. Overall, the program improved students’ capacity to interpret financial information and formulate questions for public oversight.
Co-Authors - Suherman A. W. S Waspodo, Agung AA Sudharmawan, AA Adler Haymans Manurung Agha Reyhan Alkahfi Agung Dharmawan Buchdadi Agung Wahyu Handaru Akbar Dwi Putra Akbar Imam Muzaki Amirah, Aisyah Anandra Monica Poetrie Anang Sriyanto Pambudi Andi Aditya Hardinto Andreas, Denilson Andrian Haro Andy Andy Anismadiyah, Vega Anisya Rizanika Ari Warokka Ari Wicaksono Armas, Alvidro Ramadhansyah Asterina Anggraini Aulia, Rahma Auliani, Nur Andini Aviyati , Friska Azimah Hanifah Buchadadi, Agung Dharmawan Dalimunthe, Sholatia Danni Winadi Deisy Siska Abriani Destria Kurnianti Dewi, Fuchia Ananta Diena Noviarini Diena Noviarini Donant Alananto Iskandar Eka Irianingsih Erika Takidah Estu Setiyoaji Estu Setiyoaji Estu Setiyoaji Etty Gurendawati Euro Ellytra Fajri Akbar Farhan Fajar Sidiq Fauziah, Dewi Syifa Febriana, Hadijah Ferrari, Ferrari Fitria Belinda Sari Fuadi Rachman Hamidah . Hamidi, Mohammad Syafril Haneul Hanifah, Azimah Herlambang, Ilham I Gusti Ketut Agung Ulupui I Gusti Ketut Agung Ulupui Idelia, Rizka Afifa Ilham Herlambang Indah Ameilia Shedo Indra Pahala Indriyanti, Isti Irnawati, Jeni Kamil, Muchammad Ichsan Khalisatuz Zahro Krissanya, Nofriska Kurniaty, Kurniaty Lestari, Ripa M. Edo S. Siregar Mahfirah, Titis Fatarina Mardi Marsellisa Nindito Maryadi, Sarah Melati Widiantika Michelle Natalie Susanto Mohammad Zakaria, Mohammad Monica Poetrie, Anandra Muchammad Ichsan Kamil Muhammad Abrar Muhammad Assyifa Muhammad Edo Suryawan Siregar Muhammad Fawaiq Muhammad Onto Kusumo muhammad Rifki Septiawan Muhammad Sadat, Andi Muhammad Yoga Pratama Muhammad Yusuf Muhammad Yusuf Muhammmad Iqbal Yuliansyah Nadia Indah Oktaviani Nashrin, Ahmad Shofi Nilam Cahya Nofriska Krissanya Nofriska Krissanya Nur Utami, Sekar Ghita Nuraini Oktapiani, Oktapiani Oktaviani, Nadia Indah Pelinta Tarigan Qathrunnada, Novia Quinasa Rama Herlanlam Rachmattullah, Rachmattullah Raden Mohamad Herdian Bhakti Ratna Anggraini Rena Lutfiana Renofa, Naezmi Ria Kurniawati Ria Putri, Ria Ricky Rama Saputra Rida Prihatni Rina Herlina Rizal Lullah Rizanika, Anisya Rizka Afifa Idelia Roh Ajiasri Roni Faslah Rosyad, Abdullah Sabila Ryna Parlyna Sari, Leli Novita Setiyoaji, Estu Setyo Ferry Wibowo Shedo, Indah Shiti Maysaroh Sholatia Dalimunthe Silvana Syah Siregar, M. Edo Suryawan Siregar, Muhammad Edo Suryawan Suciati, Ranila Suherman . Suherman . Suherman Suherman Suherman, Suherman Susi Indriyani Susi Susanti Syamsul Arifin Terrylina Arvinta Monoarfa Timothy Marcellius Prathama Titis Fatarina Mahfirah Titis Fatarina Mahfirah Tri Kurniati Khairunnisa Umi Mardiyati Umi Mardiyati Umi Widyastuti Umi Widyastuti Unggul Purwohedi Wahyu Leksono Wahyudiani Wahyudiani Wardhani, Kirana Kusuma Wastuti, Wahyu Widia Ayu Permatasari Widya Parimita, Widya Wijaya, Andi Rizky Zakaria, Adam