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KINERJA KEUANGAN SEBELUM DAN SESUDAH MERGER: STUDI KASUS DI INDONESIA, SWEDIA, DAN AMERIKA SERIKAT Wardana, Wardana; Widiyati, Dian; Holiawati, Holiawati
SIBATIK JOURNAL: Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi, Dan Pendidikan Vol. 5 No. 1 (2025)
Publisher : Penerbit Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/sibatik.v5i1.4143

Abstract

This study examines pre- and post-merger financial performance across Indonesia, Sweden, and the United States, addressing inconsistent prior findings on merger impacts. The objective is to empirically test merger effects on profitability (ROE, ROA), liquidity (CR), solvency (CAR, DER), and activity (TATO, FAT) ratios using a five-year before-after (2014-2018 vs. 2019-2023) comparison. Employing a quantitative descriptive-comparative approach grounded in positivism, purposive sampling selected three cases: PT Bank Oke Indonesia Tbk (DNAR, Indonesia), Bristol Myers Squibb (BMSC, USA), and ÅF Pöyry AB (AFRY, Sweden), with secondary data from audited financial reports processed via SPSS 26. Instruments include standard financial ratios, descriptive statistics, Shapiro-Wilk normality tests, and paired sample t-tests. Results reveal no significant differences (all p > 0.05), indicating stable performance without merger-induced shifts. In conclusion, mergers primarily stabilize financial health across emerging and developed markets rather than drive improvements.
Attitude, Values, Religiosity, and Halal Certification in Halal Food Purchases by Indonesian Muslim Youth Rahmawaty, Penny; Wibowo, Arif; Wardana, Wardana
Jurnal Ilmiah Manajemen Kesatuan Vol. 13 No. 5 (2025): JIMKES Edisi September 2025
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jimkes.v13i5.3587

Abstract

Purchasing buying behavior is influenced by various factors, including personal values, religiosity, and halal certification. Personal values shape individual attitudes, which in turn can affect consumer decisions. In the context of halal products, halal certification serves as a form of assurance and protection for Muslim consumers. This study aims to examine the influence of personal values, religiosity, and halal certification on purchasing behavior, with attitudes toward halal food consumption as a mediating variable. A quantitative descriptive approach was used, with data collected through surveys and analyzed using Structural Equation Modeling (Partial Least Square). The findings show that personal values, religiosity, and halal certification significantly and positively affect purchasing attitudes and behavior among millennial Muslim consumers. However, attitudes were found to have no significant influence on purchasing behavior and did not mediate the relationship between the three independent variables and purchasing behavior. These results suggest that while personal values, religiosity, and certification shape consumer preferences, purchasing behavior may be driven by other direct factors beyond attitudes.
Entrepreneurship dalam Perspektif Islam: Konsep, Nilai, dan Implementasi Pendidikan Agussalim, Agussalim; Wardana, Wardana; Aminullah, Aminullah
IQRO: Journal of Islamic Education Vol. 8 No. 3 (2025): DESEMBER 2025
Publisher : Prodi Pendidikan Agama Islam FTIK IAIN Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24256/iqro.v8i3.7555

Abstract

Pendidikan Islam tidak hanya bertujuan membentuk insan yang beriman dan berakhlak mulia, tetapi juga relevan dalam membangun jiwa kewirausahaan. Penelitian ini bertujuan untuk mengkaji konsep pendidikan Islam dalam perspektif kewirausahaan, mengidentifikasi nilai-nilai Islam yang mendukung pengembangan entrepreneurship, serta menjelaskan implementasinya dalam membentuk karakter wirausaha. Penelitian ini menggunakan metode kajian pustaka (library research) dengan pendekatan kualitatif deskriptif, dengan data diperoleh dari literatur ilmiah, Al-Qur’an, hadis, dan hasil penelitian terdahulu. Hasil penelitian menunjukkan bahwa pendidikan Islam mengandung prinsip-prinsip kewirausahaan seperti kejujuran, kerja keras, tanggung jawab, dan kreativitas. Nilai-nilai tersebut tercermin dalam ajaran Islam dan dapat diintegrasikan dalam pendidikan formal maupun nonformal. Implementasi pendidikan Islam dalam membentuk karakter wirausaha dilakukan melalui strategi integrasi kurikulum, keteladanan, serta pembinaan praktik kewirausahaan berbasis nilai-nilai Islam. Penelitian ini menyimpulkan bahwa pendidikan Islam memiliki potensi besar dalam membentuk wirausahawan yang tidak hanya kompeten secara ekonomi, tetapi juga beretika dan bertanggung jawab secara moral dan spiritual.