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THE INFLUENCE OF GROWTH OPPORTUNITY, EXPENDITURE AND COMPANY VALUE ON CASH HOLDING IN MINING SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE Radiman Radiman; Sri Fitri Wahyuni; Ike Nurjanah
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 1 No. 1 (2021): October (October-December)
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/morfai.v1i1.52

Abstract

The aims of this study are to: (1) find out and analyze the effect of growth opportunity on cash holding, (2) find out and analyze the effect of expenditure on cash holding, (3) find out and analyze the effect of firm value on cash holding, and (4) find out and analyze the growth opportunity, expenditure and company value together have an effect on cash holding. The population in this study are all mining companies listed on the Indonesia Stock Exchange as many as 48 companies and the research sample as many as 8 companies with 5 years of observation. Data collection techniques in this study using documentation techniques. The data analysis technique in this study uses the Classical Assumption Test, Multiple Linear Regression, t-test and F-test, and the Coefficient of Determination.
THE INFLUENCE OF GROWTH OPPORTUNITY, EXPENDITURE AND COMPANY VALUE ON CASH HOLDING IN MINING SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE Radiman Radiman; Sri Fitri Wahyuni; Ike Nurjanah
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 1 No. 2 (2022): January (January-March)
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (514.674 KB) | DOI: 10.54443/morfai.v1i2.101

Abstract

The aims of this study are to: (1) find out and analyze the effect of growth opportunity on cash holding, (2) find out and analyze the effect of expenditure on cash holding, (3) find out and analyze the effect of firm value on cash holding, and (4) find out and analyze the growth opportunity, expenditure and company value together have an effect on cash holding. The population in this study are all mining companies listed on the Indonesia Stock Exchange as many as 48 companies and the research sample as many as 8 companies with 5 years of observation. Data collection techniques in this study using documentation techniques. The data analysis technique in this study uses the Classical Assumption Test, Multiple Linear Regression, t-test and F-test, and the Coefficient of Determination.
INFLUENCE INVESTMENT OPPORTUNITY SET, OPERATING PROFIT MARGIN, CASH FLOW FROM OPERATING ACTIVITIES AND CASH FLOW TO EQUITY ON POLICY DIVIDEND ON A METAL COMPANY THAT LISTED ON INDONESIA STOCK EXCHANGE Sri Fitri Wahyuni; Fika Rimalansyah Peride
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 1 No. 2 (2022): January (January-March)
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (532.194 KB) | DOI: 10.54443/morfai.v1i2.102

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The research objectives in this study are to find out and analyze the effect Investment Opportunity Set, To find out and analyze the effect Operating Profit Margin, To find out and analyze the effect of Cash flow from operating activities, to find out and analyze the effect Cash flow to Equity to the dividend payout ratio, to determine and analyze the effect of the Investment Opportunity Set, Operating Profit Margin, Cash Flow from Operating Activities and Cash Flow to Equity simultaneously on the Dividend Payout Ratio in metal companies listed on the Indonesia Stock Exchange for the 2016-2020 period. This study uses a quantitative approach, the regression analysis technique used in this study is a multiple linear regression analysis technique. The results of this study indicate that there is an influence between the Investment Opportunity Set on Dividend Policy. There is an effect of Operating Profit Margin on Dividend Policy. There is no influence of Cash Flow From Operating Activities on the Dividend Policy in. There is an effect of Cash Flow to Equity on Dividend Policy and the Fcount Value is 12, 130 with a significant level of 0.000, while Ftable is known to be 2.68. Based on these results, it can be seen that Fcount > Ftable (12,130 > 2,68) so that H0 is rejected and Ha is accepted so it can be concluded that the variables of Investment Opportunity Set, Operating Profit Margin, Cash Flow From Operating Activities, Cash Flow to Equity together have significant influence on the Dividend Policy of Metal Companies Listed on the Indonesia Stock Exchange for the 2016-2020 period.
THE INFLUENCE OF CAPITAL ADEQUACY RATIO, NET INTEREST MARGIN AND OPERATIONAL COSTS OF OPERATING REVENUE ON RETURN ON ASSET WITH LOAN TODEPOSIT RATIO AS INTERVENING VARIABLE Sri Puji Lestari; Sri Fitri Wahyuni; Wido Seno Affandi
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 2 No. 2 (2022): July (July-September)
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/morfai.v2i2.244

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Research Problems: To further increase the existence of conventional banks and the trust of the Indonesian people in conventional banking services, it is necessary to improve the performance of conventional banking. The problems in this study are whether CAR, NIM, BOPO and LDR have a significant effect on ROA; Do CAR, NIM, and BOPO have a significant effect on LDR; and whether CAR, NIM and BOPO have a significant effect on ROA through LDR as an intervening variable. Research purposes: To find out how much influence CAR, NIM, BOPO and LDR have on ROA; to find out how much influence CAR, NIM, and BOPO have on LDR; and to find out how much influence CAR, NIM and BOPO have on ROA through LDR as an intervening variable. Research methods: This type of research is quantitative research with a descriptive approach. The object of this research is a commercial bank listed on the Indonesia Stock Exchange (IDX) for the 2015-2019 period. The sample in this study was 10 conventional commercial banks, which were selected based on the purposive sampling method. Data analysis technique using multiple linear regression analysis. Research Findings: Partially there is no significant effect of the CAR variable on the LDR, there is a significant negative effect of the NIM variable on the LDR; and there is a significant positive effect of BOPO on LDR; there is an insignificant negative effect of the CAR variable on ROA, there is a significant positive effect of the NIM variable on ROA, there is no significant effect of the BOPO and LDR variables on ROA. Simultaneously CAR, NIM, BOPO have a positive and significant effect on LDR and CAR, NIM, BOPO and LDR have a positive and significant effect on ROA. LDR is the intervening variable of CAR on ROA, because the number of direct effects of CAR on ROA is smaller, but LDR is not an intervening variable of NIM and BOPO on ROA because the number of direct effects of NIM and BOPO on ROA is greater than the indirect effect.
REALIZING FINANCIAL INCLUSION IN THE MEDAN AREA SUBDISTRICT: THE ROLE OF FINANCIAL WELL-BEING, FINANCIAL LITERACY, AND INCOME WITHIN A SOCIO-CULTURAL FRAMEWORK Sri Fitri Wahyuni; Raudatul Jannah
Multidiciplinary Output Research For Actual and International Issue (MORFAI) Vol. 5 No. 4 (2025): Multidiciplinary Output Research For Actual and International Issue
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/morfai.v5i4.3453

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The objective of this study is to examine and analyze the influence of financial well-being, financial literacy, and income on financial inclusion, as well as to assess the moderating role of socio-cultural factors in these relationships. A quantitative research approach was employed using a survey method. The study population consisted of individuals of productive age residing in the Medan Area Subdistrict. A purposive sample of 100 respondents was drawn from two urban villages with distinct socio-economic characteristics. Data were collected through a structured questionnaire and analyzed using SmartPLS 4.0 software. The findings reveal that financial well-being, financial literacy, and income significantly influence financial inclusion. Socio-cultural factors also exert a direct and significant impact on financial inclusion. However, when tested as a moderating variable, socio-cultural factors were found to significantly moderate only the relationship between financial well-being and financial inclusion. In contrast, no significant moderating effects were observed in the relationships between financial literacy and income with financial inclusion. These results highlight that economic participation in formal financial systems is shaped not only by individual financial conditions but also by the cultural values embedded within the community.
Digital Financial Literacy and Financial Well-Being: Unpacking the Roles of Financial Behavior and Financial Stress Wahyuni, Sri Fitri; Dahrani, Dahrani; Sari, Maya; Putri, Izmi Adinda; Nabila, Alfina
International Journal of Business Economics (IJBE) Vol 7, No 1 (2025): SEPT 2025 - MARCH 2026
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v7i1.25672

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Purpose—This study aims to analyze the effect of Digital Financial Literacy on Financial Behavior, Financial Stress, and Financial Well-being among students of Islamic universities in Medan. This study also examines the mediating role of Financial Behavior and Financial Stress in the relationship between Digital Financial Literacy and Financial Well-being.Methodology— The target population of this study consisted of students who had previously taken financial management courses. The sampling technique used was accidental sampling, in which respondents were selected based on their availability and willingness to participate at the time of data collection. This study employed a non-probability sampling method, using an online questionnaire distributed through Google Forms to collect data from 385 students at private universities in Medan. The collected data were then analyzed using the SmartPLS program with the SEM-PLS approach.    Findings – The results showed that Digital Financial Literacy has a significantly positive effect on financial behavior and Financial Well-being. Additionally, it was found that digital financial literacy has a significant negative impact on financial well-being, contributing to financial stress. Financial behavior is shown to have a significant positive effect on financial well-being. In contrast, financial stress negatively impacts financial well-being but also positively influences financial behavior.Originality/Novelty – This research model includes four variables and utilizes the notion of mediation by using SEM-PLS to evaluate each relationship in the model.Implications—This study implies that improving digital financial literacy can significantly promote individual financial well-being directly and indirectly through positive financial behavior and reduced financial stress.