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SHORT CONTRARIAN INVESTMENT STRATEGY : PENGUJIAN WINNER-LOSER ANOMALY PADA SAHAM-SAHAM DI BURSA EFEK INDONESIA Ekaningtyas Widiastuti; Jaryono Jaryono
Performance: Jurnal Personalia, Financial, Operasional, Marketing dan Sistem Informasi Vol 14 No 2 (2011): Performance
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (233.852 KB)

Abstract

This research is aimed to examine the winner-loser anomaly based on the overreaction hypothesis that can be decided whether the contrarian investment strategy in the short term can be applied in Indonesia Stock Exchange to obtain the return. The overreaction hypothesis is a manifestation of the inefficiency of the market (De Bondt and Thaler, 1985). Research on Short Contrarian Investment Strategy used a sample of 23 shares in the company's property and real estate sectors. The data used is stock price during the period of 2004-2008. Results obtained by using market-adjusted abnormal return indicates that the average six-month test period only loser in the stock portfolio return reversal happens. This research also examines the possibility of other factors that could explain the market overreaction return reversal, namely size and risk control. Results obtained using regression Zero Cost Investment Portfolio with the method of size and risk adjusted returns indicates that average during the six month test period showed that the loser stocks can not provide a return that is higher than the winner stocks. Thus the research indicates only loser anomaly, this is caused by an overreaction to the bad news. So it can be said that there is no potential for profit if the short-term contrarian strategy applied to the property and real estate sectors in BEI.
Technology Based Financial Services Innovation, Financial Literacy and Its Impact on Financial Behavior Ekaningtyas Widiastuti
Jurnal Akuntansi, Manajemen dan Ekonomi Vol 23 No 1 (2021): VOL. 23, NO.1, 2021
Publisher : Faculty of Economics and Business, Jenderal Soedirman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/1.jame.2021.23.1.3856

Abstract

Information technology grows rapidly and has brought tremendous benefits to the advance of human civilization. People in Indonesia are well known with their quick adaptation ability to any changes including changes in information technology, such as in utilizing available financial services. University students as millennial generation cannot be separated from technology in all aspects including finance. Innovative technology-based financial services (Fintech) provide flexibility for the community, including students, to meet their needs. Financial knowledge and understanding will influence a person in making decisions and behaving appropriately related to effective and efficient financial management. This research focused on students at different universities in Purwokerto, to examine the impact of technology-based financial service innovation and financial literacy on student financial behavior. Questionnaire was used as the data collection method. Convenience sampling was used as the sampling technique and multiple linear regression used as data analysis in this study. The results showed that Social Demography, Financial Socialization and Fintech had no influence on financial behavior. Financial Knowledge and Financial attitude had a positive influence on financial behavior.
PENGARUH LITERASI KEUANGAN, PENGENDALIAN DIRI, DAN TEMAN SEBAYA TERHADAP PERILAKU KONSUMTIF (STUDI KASUS MAHASISWA PENDIDIKAN EKONOMI UNIVERSITAS JENDERAL SOEDIRMAN) Zulfi Rahmawati; Titi Nurfitri; Ekaningtyas Widiastuti
Soedirman Economics Education Journal Vol 4 No 1 (2022)
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/seej.v4i1.5548

Abstract

Penelitian ini merupakan penelitian yang bertujuan untuk mengetahui pengaruh literasi keuangan, pengendalian diri, dan teman sebaya terhadap perilaku konsumtif mahasiswa. Populasi dalam penelitian ini yaitu mahasiswa pendidikan ekonomi mulai dari angkatan 2017 sampai 2019 yang berstatus aktif. Teknik pengambilan sampel pada penelitian ini menggunakan teknik proportionate stratified random sampling sehingga didapatkan sampel sebanyak 107 mahasiswa. Pengumpulan data dengan metode kuesioner. Teknik analisis data yang digunakan adalah analisis regresi berganda. Berdasarkan hasil penelitian dan analisis data menunjukkan bahwa (1) Terdapat pengaruh negatif signifikan literasi keuangan terhadap perilaku konsumtif; (2) Terdapat pengaruh negatif signifikan pengendalian diri terhadap perilaku konsumtif; (3) Terdapat pengaruh positif signifikan teman sebaya terhadap perilaku konsumtif. Implikasi penelitian ini adalah perlunya meningkatkan literasi keuangan melalui pembelajaran yang lebih inovatif dan pengendalian diri untuk meminimalisir perilaku konsumtif.
Technology Based Financial Services Innovation, Financial Literacy and Its Impact on Financial Behavior Ekaningtyas Widiastuti
Jurnal Akuntansi, Manajemen dan Ekonomi Vol 23 No 1 (2021): Januari - Maret 2021
Publisher : Faculty of Economics and Business, Jenderal Soedirman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/1.jame.2021.23.1.3856

Abstract

Information technology grows rapidly and has brought tremendous benefits to the advance of human civilization. People in Indonesia are well known with their quick adaptation ability to any changes including changes in information technology, such as in utilizing available financial services. University students as millennial generation cannot be separated from technology in all aspects including finance. Innovative technology-based financial services (Fintech) provide flexibility for the community, including students, to meet their needs. Financial knowledge and understanding will influence a person in making decisions and behaving appropriately related to effective and efficient financial management. This research focused on students at different universities in Purwokerto, to examine the impact of technology-based financial service innovation and financial literacy on student financial behavior. Questionnaire was used as the data collection method. Convenience sampling was used as the sampling technique and multiple linear regression used as data analysis in this study. The results showed that Social Demography, Financial Socialization and Fintech had no influence on financial behavior. Financial Knowledge and Financial attitude had a positive influence on financial behavior.
Analysis of the Influence of Mudharabah Financing, Musyarakah Financing, Capital Adequacy Ratio, and Non-Performing Financing on Banking Performance with Qardhul Hasan as Control Variable (Case Study on Islamic Commercial Banks in Indonesia in 2013-2017) Alfiyah, Mike Ayu; Widiastuti, Ekaningtyas; Sudarto, Sudarto
Indonesian Journal of Islamic Business and Economics (IJIBE) Vol 5 No 1 (2023): IJIBE
Publisher : Islamic Economic Scholar Association and Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/1.ijibe.2023.5.1.8788

Abstract

This research entitled "Analysis of the Influence of Mudharabah Financing, Musyarakah Financing, Capital Adequacy Ratio (CAR), and Non-Performing Financing (NPF) on Banking Performance with Qardhul Hasan as Control Variable (Case Study in Sharia Commercial Banks in Indonesia 2013-2017)". The purpose of this research is to analyze the influence of Mudharabah Financing, Musyarakah Financing, CAR, and NPF against Banking Performance with Qardhul Hasan as a Control Variable and to know the variables that have a dominant influence on Banking Performance in Sharia commercial banks that were recorded in the Financial Services Authority in 2013-2017. The population of this research is Sharia commercial banks listed by the Financial Services Authority in 2013-2017. The total population is 13, and eight samples were obtained using purposive sampling. The type of this research is quantitative research associated with panel data regression analysis techniques. Based on the analysis results, it is found that Mudharabah Financing does not affect Return On Assets. Musyarakah Financing does not affect Return On Assets. Capital Adequacy Ratio does not affect Return On Assets, and Non-Performing Financing has a negative effect on Return On Assets. This research implies that banks are expected to pay more attention to the level of capital adequacy and management of problematic financing to increase profitability.
THE ROLE OF INFORMATION TECHNOLOGY AND CREATIVITY IN ACHIEVING BUSINESS SUSTAINABILITY Widiastuti, Ekaningtyas; Sulistyandari, Sulistyandari
Jurnal Ekonomi Kreatif dan Manajemen Bisnis Digital Vol 2 No 4 (2024): MEI
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jekombital.v2i4.672

Abstract

This research investigates how information technology and creativity contribute to the sustainability of businesses run by students enrolled in the Student Entrepreneurship Program at Universitas Jenderal Soedirman. To gather empirical data, a structured questionnaire was administered to 100 entrepreneurial students participating in the program. The sample was selected using convenience sampling, a method often employed in exploratory research to quickly gather relevant data from a readily accessible population. The collected data was subjected to rigorous statistical analysis using the SPSS software, specifically employing the Multiple Linear Regression method to ascertain the relationship between the independent variables (information technology and creativity) and the dependent variable (business sustainability). The results of the analysis revealed a significant positive impact of both information technology and creativity on the sustainability of student-run businesses. Information technology, with its ability to streamline operations, enhance communication, and provide access to broader markets, emerged as a crucial factor in ensuring business continuity and growth. Concurrently, creativity was identified as a key driver of innovation, enabling businesses to adapt to changing market conditions and develop unique value propositions. In light of these findings, the study underscores the importance of optimizing the use of information technology and fostering a creative mindset among student entrepreneurs. To enhance business performance and sustainability, it is recommended that educational institutions and policy-makers support initiatives that provide students with access to cutting-edge technological tools and encourage creative problem-solving.
PENGARUH LITERASI KEUANGAN, PENGENDALIAN DIRI, DAN TEMAN SEBAYA TERHADAP PERILAKU KONSUMTIF (STUDI KASUS MAHASISWA PENDIDIKAN EKONOMI UNIVERSITAS JENDERAL SOEDIRMAN) Rahmawati, Zulfi; Nurfitri, Titi; Widiastuti, Ekaningtyas
Soedirman Economics Education Journal Vol 4 No 1 (2022)
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/seej.v4i1.5548

Abstract

Penelitian ini merupakan penelitian yang bertujuan untuk mengetahui pengaruh literasi keuangan, pengendalian diri, dan teman sebaya terhadap perilaku konsumtif mahasiswa. Populasi dalam penelitian ini yaitu mahasiswa pendidikan ekonomi mulai dari angkatan 2017 sampai 2019 yang berstatus aktif. Teknik pengambilan sampel pada penelitian ini menggunakan teknik proportionate stratified random sampling sehingga didapatkan sampel sebanyak 107 mahasiswa. Pengumpulan data dengan metode kuesioner. Teknik analisis data yang digunakan adalah analisis regresi berganda. Berdasarkan hasil penelitian dan analisis data menunjukkan bahwa (1) Terdapat pengaruh negatif signifikan literasi keuangan terhadap perilaku konsumtif; (2) Terdapat pengaruh negatif signifikan pengendalian diri terhadap perilaku konsumtif; (3) Terdapat pengaruh positif signifikan teman sebaya terhadap perilaku konsumtif. Implikasi penelitian ini adalah perlunya meningkatkan literasi keuangan melalui pembelajaran yang lebih inovatif dan pengendalian diri untuk meminimalisir perilaku konsumtif.
Optimalisasi Peran Kelompok Batik Mekar Wangi Dalam Pengembangan Desa Wisata Kurniasih, Retno; Zulaikha, Siti; Widiastuti, Ekaningtyas
Darma Sabha Cendekia Vol 6 No 2 (2024): Darma Sabha Cendekia: Desember 2024
Publisher : Jurusan Ilmu Ekonomi dan Studi Pembangunan | Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/dsc.v6i2.13647

Abstract

Program desa wisata saat ini sedang gencar-gencarnya dicanangkan oleh pemerintah. Program ini diinisiasi dengan menggabungkan potensi desa dengan pariwisata untuk membangun ekonomi kerakyatan dan menciptakan ketahanan nasional melalui desa yang mandiri. Program pengabdian ini merupakan bentuk dukungan kepada Desa Dagan Kecamatan Bobotsari Purbalingga untuk mejadi desa wisata. Potensi yang dimiliki Desa Dagan sangat banyak, yaitu wisata alam berupa air terjun, sungai dan lembah. Selain itu potensi Desa Dagan yang menjadi andalan saat ini yaitu batik. Desa Dagan terkenal dengan batiknya yang khas dan halus. Sayangnya, prospek yang baik ini belum dikembangkans ecara maksimal. Oleh karena itu Kelompok Batik Mekar Wangi menjadi salah satu yang harus terus didampingi guna mendukung potensi Wisata Desa Dagan. Pendampingan dilakukan dengan membangun sebuah sanggar batik serta melakukan pelatihan tentang pengelolaan kelompok usaha serta pelatihan tentang digital marketing guna meningktakan kinerja pemasaran batik. Pendampingan yang dilakukan dapat medukung dan mempercepat terwujudnya desa wisata di Desa Dagan.
HOW TO IMPROVE THE ENTREPRENEURIAL MOTIVATION THROUGH ENTREPRENEURIAL INTENTION, ATTITUDES, AND ENVIRONMENTAL ASPECTS Pravitasari, Chairani Fadhila; Purnomo, Widhiatmoko Herry; Ramadhan, Muhammad Syah Fibrika; Widiastuti, Ekaningtyas
Jurnal Ekonomi Kreatif dan Manajemen Bisnis Digital Vol 3 No 1 (2024): AGUSTUS
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jekombital.v3i1.798

Abstract

Students who enter the world of entrepreneurship show extraordinary enthusiasm and initiative in developing their own businesses. They do not only focus on academic studies, but also actively seek opportunities and are ready to take risks to build independent businesses. The focus of this study is to understand how entrepreneurial motivation among students can be improved through entrepreneurial intentions, attitudes, and environmental factors. Data were collected through questionnaires, with convenience sampling techniques, and analyzed using Multiple Regression in the SPSS program. A total of 84 respondents were involved in this study. The results show that Entrepreneurial Intention and Attitude has a positive influence on entrepreneurial motivation. However, the results of other hypothesis tests revealed that Knowledge of Available Entrepreneurial Support and Perceived Barriers to Starting a Business did not affect entrepreneurial motivation. Overall, this study emphasizes the importance of strengthening entrepreneurial intentions as a key factor in encouraging entrepreneurial motivation among students.
THE STRATEGIC ROLE OF INTELLECTUAL CAPITAL AND FINANCIAL TECHNOLOGY IN IMPROVING MSME PERFORMANCE IN BANYUMAS REGENCY Suparno, Chandra; Sulistyandari, Sulistyandari; Novandari, Weni; Widiastuti, Ekaningtyas
Jurnal Ekonomi Kreatif dan Manajemen Bisnis Digital Vol 3 No 2 (2024): NOVEMBER
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jekombital.v3i2.819

Abstract

The existence of Micro, Small and Medium Enterprises (MSMEs) plays a significant role in contributing to the growth of the Indonesian economy. MSMEs are required to optimize their resources, especially non-physical resources, and utilize existing financial technology (Fintech) in order to be able to compete and develop at all times. Intellectual capital is increasingly recognized as a strategic asset that is considered important for sustainable profits. Business support by utilizing financial technology will improve business performance. The goal of this research is to investigate the impact of intellectual capital and financial technology components on the performance of MSMEs. The resulting sample was 66 respondents who were MSME business actors. The method used was Multiple Regression analysis. The results of the study found that customer capital and structural capital, which are elements of intellectual capital, affect MSME performance, while human capital, social capital, spiritual capital and financial technology do not affect MSME performance. Thus, the elements of intellectual capital owned by MSMEs need to be utilized optimally to achieve competitive advantage and maintain business existence.