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Pengaruh Good Coorporate Governance, Manajemen Risiko, Dan Intelllectual Capital Terhadap Kinerja Keuangan (Studi Pada Perusahaan Sektor Perbankan Yang Terdaftar di BEI Periode 2022-2024) Hazlina Rahmanda Nursanti; Jeni Susyanti; Mohamad Bastomi
E-JRM : Elektronik Jurnal Riset Manajemen E-JRM : Elektronik Jurnal Riset Manajemen Vol. 15 No. 01
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

Abstract This study analyzes the effect of good corporate governance (GCG), risk management, and intellectual capital on the financial performance of banks listed on the Indonesia Stock Exchange (IDX) for the 2022-2024 period. The sample was selected using purposive sampling, and the data were analyzed using multiple linear regression. GCG was measured using the Corporate Governance Performance Indicator (CGPI score), risk management was proxied by Non-Performing Loan (NPL), intellectual capital was measured by Value Added Intellectual Coefficient (VAIC), and financial performance was proxied by Return on Equity (ROE). The results show that GCG and risk management have a significant effect on financial performance, while intellectual capital has an insignificant effect. These findings indicate that good governance and effective credit risk control effectively drive profitability, but investments in intellectual capital require time to be converted into improved performance. The implications of this study are beneficial for investors, bank management, and regulators. Keywords: Good Corporate Governance, Risk Management, Intellectual Capital, Financial Performance, Banking
Analisis Komparatif Metode Line Balancing Dalam Meningkatkan Produktivitas Sewing Line (Studi Kasus PT XYZ) Farhan Yusrianda Aulia; Jeni Susyanti; Mohamad Bastomi
E-JRM : Elektronik Jurnal Riset Manajemen E-JRM : Elektronik Jurnal Riset Manajemen Vol. 15 No. 01
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract Penelitian ini bertujuan untuk menganalisis efektivitas penerapan metode line balancing dalam meningkatkan produktivitas pada sewing line melalui perbandingan kondisi sebelum dan sesudah improvement di PT XYZ. Permasalahan utama yang dihadapi perusahaan adalah rendahnya efisiensi lintasan produksi akibat ketidakseimbangan beban kerja antar workstation, yang menyebabkan terjadinya Constrains, tingginya idle time, serta rendahnya produktivitas. Metode penelitian yang digunakan adalah pendekatan kuantitatif dengan desain studi kasus kuasi-eksperimental (sebelum intervensi dan setelah intrvensi). Data dikumpulkan melalui observasi langsung, studi waktu (time study), serta dokumentasi produksi. Analisis line balancing dilakukan dengan mengidentifikasi kendala (constraint), menghitung cycle time, takt time, dan line efficiency, kemudian merancang ulang alokasi elemen kerja guna menciptakan keseimbangan lintasan produksi. Pengujian statistik dilakukan menggunakan paired sample t-test untuk menguji perbedaan produktivitas sebelum dan sesudah improvement. Hasil penelitian menunjukkan bahwa penerapan metode line balancing mampu meningkatkan line efficiency dari kondisi awal sebesar 55,9% menjadi lebih optimal, menurunkan work in process dan idle time, serta meningkatkan produktivitas sewing line secara signifikan. Kesimpulan penelitian ini menyatakan bahwa metode line balancing terbukti efektif sebagai solusi non-investasi dalam meningkatkan produktivitas dan efisiensi lintasan produksi pada industri garmen. Keywords: Line Balancing, Produktivitas, Line Efficiency, Sewing Line, Improvement
Sustainability Signals in Emerging Markets: The Effect of ESG Disclosure and Profitability on Stock Returns with Firm Size as a Moderator (Evidence from LQ45 Index, 2020–2024) Shita Debby Fardeliah; Jeni Susyanti; Mohamad Bastomi
Owner : Riset dan Jurnal Akuntansi Vol. 10 No. 2 (2026): Artikel Research April 2026
Publisher : Politeknik Ganesha Medan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33395/owner.v10i2.3110

Abstract

This study aims to examine the effect of Environmental, Social, and Governance (ESG) disclosure and Return on Assets (ROA) on stock returns, with firm size as a moderating variable, in companies listed in the LQ45 index during the 2020–2024 period. The research adopts a quantitative approach using secondary data obtained from annual reports and sustainability reports. The sample consists of 24 firms selected through purposive sampling. Data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM). The results indicate that ESG disclosure and ROA have a positive and significant effect on stock returns. ROA emerges as the most dominant factor, highlighting that profitability remains a primary signal for investors in the Indonesian capital market. Firm size also has a positive effect on stock returns. In terms of moderation, firm size does not moderate the relationship between ESG disclosure and stock returns, but it strengthens the effect of ROA on stock returns. These findings suggest that profitability signals from larger firms are perceived as more credible by investors, while the impact of ESG disclosure is consistent regardless of firm size. This study contributes to the sustainable finance literature and provides practical implications for investors, corporate management, and capital market regulators.
Exploring the Mediating Role of Entrepreneurial Motivation in the Relationship between Cooperative Performance, Product Innovation, and Economic Independence in Indonesian Islamic Boarding Schools Puji Astutik; Noor Shodik Askandar; Jeni Susyanti
Al-Kharaj: Journal of Islamic Economic and Business Vol. 7 No. 4 (2025): All articles in this issue include authors from 3 countries of origin (Indonesi
Publisher : LP2M IAIN Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24256/kharaj.v7i4.8850

Abstract

This study aims to analyze the performance of Koppontren and innovation of Islamic boarding school products towards economic independence with entrepreneurial motivation as a mediating variable in Ngalah Pasuruan Islamic boarding school. This study uses a quantitative approach with the technique of partial least squares structural equation modeling (PLS-SEM). Data were collected through questionnaires distributed to 98 students at Ngalah Pasuruan Islamic boarding school. The results of the study indicate that Koppontren performance and innovation of Islamic boarding school products have a positive and significant effect on economic independence. Furthermore, Koppontren Performance and innovation of Islamic boarding school products have a negative and insignificant effect on economic independence through entrepreneurial motivation as a mediating variable. This finding shows that the institutional performance of Koppontren and Islamic boarding school efforts in carrying out product innovation, both through product development, is unable to increase the economic independence of Islamic boarding schools if their influence is channeled through entrepreneurial motivation. This study contributes to empirical evidence in Islamic boarding school management and entrepreneurship, institutional economics, and Islamic boarding school-based social entrepreneurship.
Peningkatan Literasi Pembukuan dan Kepatuhan Pajak UMKM Kuliner Umi Nandiroh; Jeni Susyanti
GUYUB: Journal of Community Engagement Vol 6, No 4 (2025): Desember
Publisher : Universitas Nurul Jadid

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33650/guyub.v6i4.12417

Abstract

This community service program addresses a critical gap: low tax compliance among culinary micro and small enterprises (MSMEs) in Malang City, which restricts access to finance and weakens local revenue. We aimed to improve bookkeeping literacy and tax compliance through an integrated intervention—classroom instruction (tax fundamentals), hands-on simple bookkeeping, guided use of a tax application (Coretax), and mentoring—for 15 MSME owners. Effectiveness was assessed using pre–post knowledge tests, observation checklists of bookkeeping practices, and application usage logs as compliance indicators. Results show a marked increase in knowledge and self-efficacy (mean Likert score 2.7→4.2). Adoption of basic/digital bookkeeping improved: 85% of participants began daily transaction recording and separated business–personal finances. Most participants were able to compute and file taxes using the application, and post-training compliance reached 66.7% (10 of 15) based on verified filings within the evaluation period. The bookkeeping model promoted includes a daily cash book, separation of business and personal accounts, and simple records of inventory and production costs as the basis for tax calculation. These findings indicate that coupling financial literacy with accessible technology can shift administrative behavior and improve compliance. Replication should include follow-up mentoring and partnerships with local authorities to sustain results
The Role of Tax Socialization in Mediating Digital Literacy and Taxpayer Trust on Coretax Acceptance Elfa Nur Sa`ida; Jeni Susyanti; Harun Alrasyid
Almana : Jurnal Manajemen dan Bisnis Vol. 10 No. 1 (2026): April
Publisher : Bandung: Prodi Manajemen FE Universitas Langlangbuana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36555/almana.v10i1.2999

Abstract

The coretax system in Indonesia represents a significant change in tax administration, and user acceptance in a mandatory setting is a determinant of its success. This study aims to examine the influence of digital literacy and trust in tax authorities on Coretax system acceptance, with tax socialization effectiveness as a mediating variable. Using a quantitative causal-explanatory design, survey data from 150 individual taxpayers at KPP Pratama Malang Utara were analyzed via PLS-SEM. The findings indicate that digital literacy and trust in tax authorities do not affect coretax system acceptance. Nonetheless, both variables significantly influence tax socialization effectiveness. The most important factor that drives acceptance is tax socialization effectiveness, which enhances the relationship between taxpayer features and system adoption. The conclusion shows that in a mandatory digital environment, skills and trust alone are insufficient. Both have to be activated through the right socialization strategies for a successful implementation into the system.
The Influence of Perceived Usefulness, Trust, and Ease of Access to Capital on MSME Business Sustainability: The Moderating Role of Business Owners' Education Level Rachel Amanda Vinka Artamefia; Jeni Susyanti; Harun Alrasyid
Al-Kharaj: Journal of Islamic Economic and Business Vol. 8 No. 3 (2026): All articles in this issue include authors from 3 countries of origin (Indonesi
Publisher : LP2M IAIN Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24256/kharaj.v8i3.12062

Abstract

The business sustainability of MSMEs is a strategic issue in the Indonesian economy, considering their substantial contribution to Gross Domestic Product (GDP) and employment in Indonesia. However, MSME owners still face various obstacles in accessing formal financing, influenced by perceived usefulness, trust in institutions, and ease of service access. This study aims to analyze the impact of these three variables on MSME business sustainability and to examine the moderating role of the business owner's education level in this relationship. A quantitative approach with an explanatory design was employed, involving 268 MSME owners—selected via purposive sampling—who have used or are currently using financing from formal financial institutions. Data were collected using a Google Forms-based questionnaire distributed via social media and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) with SmartPLS software (version 4.1.1.6) to identify relationships between variables. Structural testing comprised two stages: the measurement model (outer loading, reliability, convergent validity, and discriminant validity) and the structural model (R-squared, Q² Predict, and effect size/f²), followed by hypothesis testing. The analysis results indicate that trust in financial institutions and ease of access to capital have a significant positive effect on MSME business sustainability, whereas perceived usefulness do not have a significant effect. Education level only strengthens the influence of perceived usefulness on business sustainability but does not moderate the influence of trust or ease of access to capital. These findings underscore the importance of strengthening trust in financial institutions, improving ease of access to capital, and developing the educational capacity of business owners to support MSME business sustainability.
The Effect Of Co-Branding On Purchase Intention For Cosmetic Products Through Perceived Value And Customer Attitude As Intervening Variables (A Study Of The Somethinc X Bittersweet By Najla Product Collaboration) Shabrina Ayu Hananta; Hadi Sunaryo; Jeni Susyanti
Al-Kharaj: Journal of Islamic Economic and Business Vol. 8 No. 3 (2026): All articles in this issue include authors from 3 countries of origin (Indonesi
Publisher : LP2M IAIN Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24256/kharaj.v8i3.12498

Abstract

This study aims to analyse the effect of co-branding on purchase intention for the Somethinc × Bittersweet by Najla collaborative product, with perceived value and customer attitude as intervening variables. This study employs a quantitative approach using a survey method. The sample was selected using non-probability sampling with a purposive sampling technique, comprising 385 respondents aged 15–45 who were aware of the collaborative product, had never purchased it, and expressed an interest in purchasing it. Data were collected via a questionnaire using a Likert scale and analysed using Structural Equation Modelling–Partial Least Squares (SEM-PLS). The results indicate that co-branding has a positive and significant effect on purchase intention, perceived value, and customer attitude. Perceived value and customer attitude also have a positive and significant effect on purchase intention. Furthermore, co-branding was found to have a positive and significant indirect effect on purchase intention via perceived value and customer attitude. These findings suggest that brand compatibility, the strength of both brands’ images, quality, innovation, and the appeal of the collaborative product are capable of enhancing perceived value and fostering positive consumer attitudes, thereby driving purchase intention. The research findings have implications for companies to consider brand compatibility, quality, product benefits, emotional value, and promotional strategies when developing co-branding products to enhance consumers’ purchase intention.
Co-Authors AA Sudharmawan, AA Abdillah, Achmad Fikri Abil Abdullah Syakur Novianto ABS, M Khoirul Achmad Agus Priyono Achmad Ghazi Bagaskara Ade Kafa Bih Ade Sistiayu N Adis Fransiska Romadhon Afi Rachmat S Afi Rachmat Slamet Afi Rahmat Slamet Afriadin Afriadin Agnia Fadillah Agung Minto Wahyu Agus Salim Agus Salim Ahmad Abiyu Tsani Ahmad Dahlan Ahmad Dahlan Ahmad Iskandar Rahmansyah Ahmad Junaidi Ahmad Mua’dz Hazmy Sastria Ahmad Muhayan Arif Ahmad Rifky Firdiyan Ahmad Zainullah Al Awwaliyah, Nur Maisunatul Aflachiyah Alda Yunita Aldrian Saputra Alfian Budi Primanto Alfiananda Dwi Yulianto Alfin Aulia Rachman Aliwafa Aliwafa Amali, Yunila Andi Normaladewi Angelina Ayu Kharisa Putri Anil Hidayati Rohmah Anindita Liliani Putri Annisa Fitriani Antika, Meggy Tri Anwar, Budiar Anwar, Siti Aminah Aprilia Hartanti Arif Zulfahmy Arini Fitria Mustapita Asma Mufidah Atiqoh, Lia Nur Ayu Giri Anjani Banowati, Berliana Tri Bastomi, Mohamad Bunga Vergia Rakhmah Cahyani, Amelia Dwi Cheny Roghibatul Mahgfiroh Dahlia Wati Dede Yusuf Sutrisman Denia Alifiana Denilson Pereira Lay Devita Jeniliasari Dewi Anggun Oktaviani Dewi Sartika Dewita Rizma Amirezy Diana Putri Oktarini Dina Sustiana Dita Putri Yunitasari Dita Suci Romadhoni Dwi Fita Heriyawati Dwi Septyaningrum Dwiyani Sudaryanti Ega Aditya Eka Sulastri Elfa Nur Sa`ida Elly Ernawati Erika Diah Safitri Eris Dianawati Eris Dianawati Erlin Afrianti Etawati, Mitha Dwi Daka Etty Saraswati Evaliana, Silvia Evi Rahmawati Lazuardini Fahma Diena Achmada Fahrurrozi Rahman Faidana Riki Dwi Setiawan Fajri Nasrullah Fandy Armanto Fanisa Kris Dayanti Farhan Yusrianda Aulia Farida, Eka Fathul Bachri Fatma Agusti Rahayu Febrianisa Safira Azzahra Febryansyah, Dany Feni Erma Wijayanti Finadila Arifin Fipin Lastrian Dewi Firmansyah, Dani Fita Andriyani Fitria Dewi Fitria Putri Susanti Fitriyatus Sa’adah Friyan Dwi Kristanto Galih Dewa Nabilla Hafidh Gilang Romadhon Gunawan, Fany Habib Nur Ahmad Hadi Sunaryo Hafiana Farah Diana Putri Haifatul Hasanah Hani’ah Fifrika Cinci Harun Alrasyid Hazlina Rahmanda Nursanti Hesri Hesri Hofifatul Musyarrofah Husnalia, Siti Huzaimatul Jannah Iffah Qonaatillah Iis Dalukitowati Ika Nurjanah Imdan Soalihin Inayati Widya Sari Indayatul Maulidiyah Inggit Kentjonowaty Insan Kamil Irhamna Arma atush Isa Ansori Ita Athia Ivan Adi Priyono Izza Saifullah Fatta Izza, Nikmatul Karimatun Nisa, Farida Karmilaturrahman Karmilaturrahman Ketut Tirtayasa Khalikussabir, Khalikussabir Khaq, Muhammad Aunul Khatami Khatami Khodir Djaelani, Abdul KHOIRUL ANAM Krisnawardani, Cynthia Kristin Widiasanti Kurnia Rahmawati Kusnadi Laely Anjar Wati Lailia Afifah Lutfi Anggreni M Agus Salim M. Agus Salim M. Hufron Mafatihul Ayunina Maharani Ulya Fadhilah Maqnin, Lailil Mariatul Lutfia Mar’atus Solikhah Masyhuri Masyhuri Masyhuri Masyhuri Maulidatun Nikmah Mayangsari, Jihanning Yudha Meitria Syahadatina Noor Merinda Yuanita Yustikasari Mifta Hayatun MIFTAKHUL JANNAH Milhan Nur Kholiq Milhan Nur Kholiq Mimbha Nur Indhasari Mitha Dwi Daka Etawati Moch Ardiansyah Pramudya Mochammad Taufik Moh Imam Bushiri Moh. Fathur Rozi Moh. Fathur Rozi Mohammad Ainul Yaqin Mohammad Farhad Hatify Mohammad Iqbal Kusuma Adrian Mohammad Rohman Tiovandi Mubarok, Muhammad Muhamad Bahrul Subakir Muhamad Rochman Muhamad, Razzan Zaki Muhammad Afif Muhammad Agus Salim MUHAMMAD AGUS SALIM Muhammad Ali Murtadho Muhammad Fauzan Muhammad Habibi Rohman Zulkarnaen Muhammad Hidayatulloh Muhammad Ikhsan Arief Nugraha Muhammad Kamil MUHAMMAD ROHMAN TIOVANDI Mulyani, Dwi Indah Nadia Nor Rohma Nadriani Bahrudin Nafisah, Dewi Durrotun Navilah Laila Wardani Navilah Laila Wardani Nila Kusumawati Nindya Cahyaningrum Noer Aida Fitriani Noer Aida Fitriani Noor Shodik Askandar Noor Shodiq Askandar Nor Zafira Binti Ramzil Huda Nova Kartika Sari Novi Sugiartik Nur Halimatus Sa’diyah Nur Hanik Khukmiyah Nur Hikmaturohma Nur Kholis Masruhin Nurdi Widjaya Nurhaidah, Nurhaidah Nurhidayah Nurhidayah Nurhidayah Nurhidayah Nurhidayah Nurhidayati Nurhidayati Nurina Rifdah Nurul Farahdila Putri Nurul Hilaliyah Nurul Qomariah Nurul Yuliati Nur’aini Ika Ramadhani Nuswantara, Setiaji Priyagung Nuzul Fauziah Nyiwa Zumrotul Khasanah Pardiman Pardiman Pardiman Pratiwi, Rita Anggis Prayoga, Dhimas Enggal Prinanta, Ledys Juncia Priyambudi, Arif Puji Astutik Puji Astutik Putri Hana Ardiyanto Putri Hayyatus Sholihah Putri, Stevany Amelia Rachel Amanda Vinka Artamefia Rachmah Nur Lativa Raden Mohamad Herdian Bhakti Rafi, Syahfri Amirul Rahmat Rahmat Ramadhan, Fathur Ratna Tri Hardaningtyas Ratna Tri Hardaningtyas, Ratna Tri Renaldo Wildan firmansyah Restu Millaningtyas Restu Millaningtyas Retno Kusuma Ningsih Revita Dwi Putri Rifqina Qanita Rika Wulandari Rina Lailatul Qodriyah Risky Wahyuaning Putri Rizky Amelia Husniyah Rizqi Amalia Mardhatillah Rohmah El Yunussyah Rohmah, Nabila Alfiyatu Ronaldus Ledo Saadatul Husna Safira Aldina Sanches, Olandina de Jesus Sanjaya, Anggun Saraswati, Ety Sari, Nova Kartika Sari, Ridah Anjar Setyo Wahyudi Shabrina ayu hananta Shabrina Ayu Hananta Shita Debby Fardeliah Shofi Mustajibullah Siti Aminah Siti Aminah Anwar Siti Asiyah Siti Asiyah Siti Khoirul Wijayati Siti Maghfirotul Ummah Slamet Muchsin Solehah Arina Sobrina Solikhah, Afiatus Sulton Sholehuddin, Sulton Sunaryo, Hadi Supriyanto Supriyanto Supriyanto Supriyanto Suratman, Wahyu Sugeng Suyani, Ida Sugeng Syahrial Shaddiq Titi Puspitasari Tito, Sama’ Iradat Tri Dewi Nur Hidayah Tri Widiantoro Aji Ucha Nurul Qomaria Ulfatul Munawaroh Ulya, Arifah Izzatul Umi Nandiroh Ummu Kalsum Ismanura vina Indah Iswara Wahyu Sugeng Suratman Wardatul Jannah Wilda Rahmadhani Santosa Wiwin Deri Fitriani Wulan Saraswati Yasmin, Raisya A Yayuk Retnowati Yuli Handayani Yulianti, Nur Afni Yuliati, Rosa Yusak, Zeindidia Yuspriyono Yuspriyono Yuzky Maulana Irbad Zuhkhriyan Zakaria Zuhri, Haszaghi Ramadhan