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Dampak Dewan Komisaris Terkoneksi Politik, Struktur Modal, dan Profitabilitas terhadap Nilai Perusahaan Puspita, Widiani; Sutrisno, Bambang
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 4 No. 4 (2026): November - January
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v4i4.5432

Abstract

Tujuan dari penelitian ini adalah menganalisis pengaruh dewan komisaris terkoneksi politik, struktur modal, dan profitabilitas terhadap nilai perusahaan pada perusahaan transportasi yang terdaftar di Bursa Efek Indonesia selama periode 2020–2024. Penelitian ini menggunakan pendekatan kuantitatif dengan data sekunder yang bersumber dari laporan keuangan tahunan dan data badan pusat statistik dengan menggunakan metode regresi panel. Populasi perusahaan transportasi pada periode ini terdapat 13 perusahaan, dengan melakukan purposive sampling maka menjadi 8 perusahaan yang akan menjadi sampel pada penelitian ini. Variabel dependen penelitian ini yaitu nilai perusahaan yang dikur menggunakan proksi price book value. Hasil penelitian menunjukkan bahwa dewan komisaris terkoneksi politik yang diukur menggunakan variabel dummy mendapatkan nilai 0,204 berpengaruh positif dan tidak signifikan, struktur modal yang diukur menggunakan proksi debt to assets ratio berpengaruh negatif dan signifikan terhadap nilai perusahaan dengan nilai 0,0000, dan profitabilitas yang diukur menggunakan proksi return on assets berpengaruh positif dan tidak signifikan dengan nilai 0,960. Nilai R square sebesar 0,2396, yang berarti 23,96% variasi nilai perusahaan dapat dijelaskan oleh variabel dewan komisaris terkoneksi politik, struktur modal, dan profitabilitas. Temuan ini menunjukkan bahwa kebijakan pendanaan menjadi faktor utama yang memengaruhi nilai perusahaan sektor transportasi, sementara peran koneksi politik dan profitabilitas belum mampu memengaruhi persepsi investor.
Pengaruh Keberagaman Gender, Ukuran Dewan, dan Profitabilitas Terhadap Cash Holding Agnasta, Nadine Nabila; Sutrisno, Bambang
Jurnal Akutansi Manajemen Ekonomi Kewirausahaan (JAMEK) Vol 6 No 1 (2026): Edisi Januari 2026
Publisher : Forum Kerjasama Pendidikan Tinggi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47065/jamek.v6i1.2529

Abstract

This study aims to analyze the effect of board of commissioner gender diversity, board size, and profitability oncash holdings in transportation and logistics companies listed on the Indonesia Stock Exchange. This research is a quantitative study by using secondary data. The population used consists of 37 companies that have beenconsistently listed on the Indonesia Stock Exchange over the past 5 years. The sampling technique employed was purposive sampling, yielding a sample of 21 companies. The method used is panel regression analysis, with dataprocessing using Stata 17 software. Model determination uses the Chow test, Hausman test, Lagrange multiplier test, hypothesis test, partial test, and coefficient of determination. The results show that board of commissioner gender diversity and board size have a positive effect but insignificant on cash holdings, while profitability shows a positive and significant effect on cash holdings. These findings imply for corporate financial managers and investors to focus not only on quantitative aspects of corporate governance but also on performance and cash management strategies to generate profits and strengthen cash positions optimally.
The Influence of Corporate Social Responsibility, Profitability, and Company Size on Firm Value in Primary Goods Retail Companies Listed on the Indonesia Stock Exchange Naman, Nadia; Sutrisno, Bambang
Dinasti International Journal of Digital Business Management Vol. 7 No. 2 (2026): Dinasti International Journal of Digital Business Management (February - March
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijdbm.v7i2.6250

Abstract

This study aims to analyze the effect of Corporate Social Responsibility (CSR), profitability, and company size on firm value in primary goods retail trading companies listed on the Indonesia Stock Exchange (IDX). The study is conducted to obtain empirical evidence about the factors influencing firm value as well as to explain the differences in previous research findings regarding the relationships among these variables. This research uses a quantitative approach with an associative research type. The data used are secondary data in the form of annual financial statements of companies obtained from the Indonesia Stock Exchange. The sampling technique employed is purposive sampling, resulting in a sample of 6 (six) companies. The data analysis method used is panel data regression assisted by Stata 17 software. The research results indicate that, partially, Corporate Social Responsibility (CSR) has a positive and significant effect on firm value, whereas profitability has a negative and significant effect on firm value. Meanwhile, firm size has a negative and insignificant effect on firm value. Simultaneously, Corporate Social Responsibility (CSR), profitability, and firm size have a significant effect on firm value in primary goods retail trading companies listed on the Indonesia Stock Exchange.
Pengaruh Jumlah ATM, Jumlah Kantor Cabang, dan Ukuran Bank terhadap Profitabilitas Bank Umum Konvensional yang Terdaftar di Bursa Efek Indonesia Kaka, Muhammad; Sutrisno, Bambang
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 5 No. 1 (2026): Februari - April
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v5i1.5808

Abstract

Perkembangan industri perbankan di Indonesia dalam periode pascapandemi COVID-19 menunjukkan perubahan yang signifikan, terutama akibat percepatan digitalisasi layanan keuangan dan perubahan perilaku nasabah. Kondisi ini menuntut bank umum konvensional untuk menyesuaikan strategi operasionalnya agar tetap mampu menjaga tingkat profitabilitas.Penelitian ini bertujuan untuk menganalisis pengaruh jumlah ATM, jumlah kantor cabang, dan ukuran bank terhadap profitabilitas bank komersial konvensional yang terdaftar di Bursa Efek Indonesia. Profitabilitas diukur dengan return on assets, sedangkan jumlah ATM dan jumlah kantor cabang mewakili perluasan jaringan layanan perbankan. Ukuran bank diukur dengan total aset bank. Penelitian ini menggunakan pendekatan kuantitatif dengan pengambilan sampel purposif sebanyak 10 bank berdasarkan data laporan keuangan dari masing-masing bank komersial konvensional yang terdaftar di Bursa Efek Indonesia untuk periode 2020-2024. Metode analisis yang digunakan adalah regresi data panel dengan model random effects serta pengujian parsial dan koefisien determinasi. Hasil penelitian menunjukkan bahwa jumlah ATM berpengaruh negatif dan signifikan terhadap profitabilitas bank, mengindikasikan bahwa peningkatan jumlah ATM berpotensi meningkatkan biaya operasional tanpa diimbangi oleh peningkatan pendapatan yang memadai.. Jumlah kantor cabang berpengaruh negatif dan tidak signifikan terhadap profitabilitas bank mencerminkan bahwa ekspansi jaringan fisik belum tentu meningkatkan kinerja keuangan bank di era digital.. Sementara itu, ukuran bank berpengaruh positif dan tidak signifikan terhadap profitabilitas bank menunjukkan bahwa besarnya aset belum menjamin peningkatan laba apabila tidak diiringi efisiensi operasional.. Temuan ini memberikan implikasi bagi manajemen perbankan untuk mempertimbangkan penambahan jumlah ATM karena berpotensi menurunkan profitabilitas bank.
The Impact of Busy Commissioners, Profitability, and Firm Size on Firm Value of Conventional Commercial Banks Listed on the Indonesia Stock Exchange Padillah, Muhammad Ega; Sutrisno, Bambang
Dinasti International Journal of Management Science Vol. 7 No. 3 (2026): Dinasti International Journal of Management Science (January - February 2026)
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijms.v7i3.6220

Abstract

This study examines the impact of busy commissioners, profitability, and firm size on firm value in conventional commercial banks listed on the Indonesia Stock Exchange from 2020 to 2024. Firm value is a crucial indicator that reflects investors’ assessments of a company’s performance, financial strength, and future growth prospects, particularly in the banking sector, which plays a vital role in maintaining economic stability and supporting national development. This research employs a quantitative approach, utilizing secondary data collected from audited annual reports and financial statements of each conventional commercial bank's website. The research population comprises all conventional commercial banks listed on the Indonesia Stock Exchange. The sample was selected using a purposive sampling method, resulting in ten banks with the largest total assets during the observation period. This study employs panel regression with a fixed effects model. The findings reveal that busy commissioners have a statistically insignificant negative impact on firm value. Profitability positively and insignificantly impacts firm value. Firm size has a negative and insignificant effect on firm value. The findings suggest that banks should consider other factors that potentially affect bank value.
The Effect of Cash Holding, Capital Structure, and Company Size on Profitability in the Pharmaceutical Sub-Industry Listed on the Indonesia Stock Exchange Najiah, Saroya; Sutrisno, Bambang
Dinasti International Journal of Management Science Vol. 7 No. 3 (2026): Dinasti International Journal of Management Science (January - February 2026)
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijms.v7i3.6257

Abstract

The primary objective of this research is to examine the influence of cash holdings, capital structure, and company size on the profitability of pharmaceutical sub-industry firms listed on the Indonesia Stock Exchange (IDX) between 2020 and 2024. In this study, profitability is proxied by Return on Assets (ROA), while cash holdings are calculated using the ratio of cash to total assets. Furthermore, capital structure is represented by the Debt to Asset Ratio (DAR), and company size is determined by the natural logarithm of total assets. This research utilizes secondary data derived from annual financial reports retrieved from the official Indonesia Stock Exchange website. The data analysis employs panel data regression, which includes model selection stages via the Chow test, Hausman test, and Lagrange Multiplier test. The empirical results demonstrate that cash holdings, capital structure (DAR), and company size partially affect the profitability of companies within the pharmaceutical sub-industry. Simultaneously, these three independent variables are found to collectively impact profitability. These findings suggest that maintaining optimal cash management, a sound asset-based funding structure, and appropriate company scale play crucial roles in enhancing corporate profitability performance. Consequently, this study is expected to provide valuable insights for company management in shaping financial policies and assist investors in evaluating the financial performance of pharmaceutical companies in the Indonesian capital market.