Claim Missing Document
Check
Articles

PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI MEDIATOR PADA PERUSAHAAN SEKTOR ENERGI DI INDONESIA Amalia Firdauzi; Andi Wijayanto; Ngatno Ngatno
Jurnal Ekonomi Pembangunan STIE Muhammadiyah Palopo Vol 10, No 2 (2024)
Publisher : Lembaga Penerbitan dan Publikasi Ilmiah (LPPI) Universitas Muhammadiyah Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35906/jep.v10i2.2246

Abstract

ABSTRAKSektor energi memegang peranan penting dalam perekonomian Indonesia, berkontribusi terhadap pasokan energi untuk rumah tangga, transportasi, dan industri, sekaligus mendorong pertumbuhan dan pembangunan ekonomi. Meskipun penting, sektor ini menghadapi tantangan yang semakin besar, termasuk masalah lingkungan dan permintaan energi global yang berfluktuasi, yang telah memengaruhi valuasi perusahaan dan minat investor. Tujuan dari penelitian ini adalah untuk menguji pengaruh GCG dan CSR terhadap nilai perusahaan sektor energi di Indonesia, dan untuk menguji peran profitabilitas dalam memediasi hubungan tersebut. Penelitian ini menggunakan pendekatan kuantitatif dengan data sekunder. Data yang diambil adalah laporan tahunan perusahaan di sektor energi yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2020-2022. Metode penelitian ini adalah analisis regresi linear dan sobel test dengan menggunakan Statistical Package for Social Science (SPSS). Hasil penelitian yang didapatkan adalah mekanisme GCG kepemilikan manajerial berpengaruh signifikan terhadap nilai perusahaan, sedangkan CSR tidak berpengaruh langsung terhadap nilai perusahaan. CSR berpengaruh signifikan terhadap profitabilitas, dan profitabilitas berpengaruh positif terhadap nilai perusahaan. Hasil uji mediasi variabel profitabilitas dengan sobel test menunjukkan bahwa profitabilitas memediasi CSR dengan nilai perusahaan dan tidak memediasi GCG dengan nilai perusahaan. Penelitian ini memperkuat teori dengan menunjukkan bahwa praktik GCG dan CSR penting untuk meningkatkan nilai perusahaan.Kata Kunci: Corporate Social Responsibility; Good Corporate Governance; nilai perusahaan; profitabilitas.ABSTRACTThe energy sector plays a vital role in the Indonesian economy, contributing to the energy supply for households, transportation, and industry, while driving economic growth and development. Despite its importance, the sector faces increasing challenges, including environmental issues and fluctuating global energy demand, which have affected firm valuations and investor interest. The purpose of this study is to examine the effect of GCG and CSR on the value of energy sector firms in Indonesia, and to examine the role of profitability in mediating this relationship. This study uses a quantitative approach with secondary data. The data taken are the annual reports of companies in the energy sector listed on the Indonesia Stock Exchange (IDX) in 2020-2022. The research method is linear regression analysis and the Sobel test using the Statistical Package for Social Science (SPSS). The results of the study are that the managerial ownership GCG mechanism has a significant effect on firm value, while CSR does not have a direct effect on firm value. CSR has a significant effect on profitability, and profitability has a positive effect on firm value. The results of the profitability variable mediation test with the Sobel test show that profitability mediates CSR with firm value and does not mediate GCG with firm value. This study strengthens the theory by showing that GCG and CSR practices are important for increasing firm value.Keywords: Corporate Social Responsibility; Good Corporate Governance; firm value; profitability.
BIG DATA DAN KINERJA PERUSAHAAN: SUATU KAJIAN DENGAN PENDEKATAN ANALISIS BIBLIOGRAFI Kusumarita, Anna; Ngatno, Ngatno; Wijayanto, Andi
Jurnal Ilmiah Akuntansi dan Finansial Indonesia Vol 8 No 2 (2025): Jurnal Ilmiah Akuntansi dan Finansial Indonesia
Publisher : Prodi Akuntansi FE Universitas Maritim Raja Ali Haji

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31629/dz5thk98

Abstract

The literature related to the impact of big data on company performance is still fragmented and lacks integrating the results of current studies. This study uses a systematic literature review method. The analysis process uses 73 articles from Scopus. The purpose of this study is to contribute to the literature related to the relationship between big data and company performance. This study provides a systematic overview of how big data affects various types of company performance (financial, operational, ESG, technology & innovation, and marketing). This systematic review is proposed to pave the way for conceptual and empirical research streams by emphasizing the importance of big data analytics in improving company performance. In addition, this observation offers academics and practitioners a better understanding of the relationship between big data analytics and company performance.
Pengaruh Risk Perception, Risk Propensity, dan Herding Behavior terhadap Keputusan Investasi Dimoderasi oleh Financial Literacy (Studi pada Investor Saham IPO Bukalapak, Goto dan Blibli di Bursa Efek Indonesia) Umar, M. Difa'ul Haq; Wijayanto, Andi; Nugraha, Hari Susanta
INOVASI Vol. 12 No. 1 (2025): Inovasi: Jurnal Ilmiah Ilmu Manajemen
Publisher : Universitas Pamulang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32493/Inovasi.v12i1.p145-159.47580

Abstract

Penelitian ini bertujuan untuk menganalisis faktor-faktor yang memengaruhi keputusan investasi pada saham Initial Public Offering (IPO) dengan mempertimbangkan peran moderasi literasi keuangan. Metode penelitian yang digunakan adalah kuantitatif dengan pendekatan deskriptif dan kausal. Hasil analisis menunjukkan bahwa risk perception, risk propensity, dan herding behavior memiliki pengaruh positif dan signifikan terhadap keputusan investasi saham IPO. Hal ini mengindikasikan bahwa semakin tinggi persepsi risiko, keberanian mengambil risiko, dan perilaku ikut-ikutan investor, semakin besar kemungkinan mereka untuk berinvestasi dalam saham IPO seperti Bukalapak, GoTo, dan Blibli. Selanjutnya, literasi keuangan terbukti memoderasi secara positif dan signifikan hubungan antara risk perception dan risk propensity terhadap keputusan investasi saham IPO, yang berarti investor dengan pemahaman keuangan yang baik dapat mengelola risiko lebih rasional dan optimal dalam pengambilan keputusan investasi. Namun, literasi keuangan tidak memoderasi secara signifikan hubungan antara herding behavior dan keputusan investasi saham IPO, yang menunjukkan bahwa perilaku ikut-ikutan dalam investasi lebih dipengaruhi oleh faktor psikologis, sosial, dan informasi eksternal daripada tingkat literasi keuangan individu. Temuan ini memberikan implikasi bagi investor dan regulator pasar modal dalam meningkatkan literasi keuangan guna menciptakan keputusan investasi yang lebih rasional dan optimal.
PELATIHAN PENGELOLAAN SAMPAH SEBAGAI WUJUD PENGEMBANGAN EKOWISATA BERBASIS MANGROVE DI PANTAI GLAGAH WANGI KABUPATEN DEMAK Listyorini, Sari; Prabawani, Bulan; Wijayanto, Andi; Pinem, Robetmi Jumpakita
Dharma: Jurnal Pengabdian Masyarakat Vol. 3 No. 1 (2022): Mei
Publisher : Universitas Pembangunan Nasional "Veteran" Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31315/dlppm.v3i1.6902

Abstract

Nature tourism requires precision in managing it into a decent destination and has a high attractiveness. The previously owned potential becomes the impetus for better management. Glagah Wangi Beach is a type of marine tourism located in Demak. The attractions are in the form of a beach area, mangroves, and several beach rides. With the development of beaches with many tourist visits, new problems will arise, namely garbage that pollutes the beach area and has not been managed properly by tourism managers. Improvements are made around waste management for the realization of this destination as ecotourism tourism. Community-based management which is the focus of this activity aims to build the capacity of the local village community to continue to exist in the management of the ecotourism tourism industry. This community service is carried out in multi-years for 3 years with the first year's activities being to develop ecotourism potential through tourism waste management awareness through training in the manufacture of liquid fertilizer and composting. The goal is that people are aware of cleanliness and are able to utilize waste and beach waste into useful products. The result of this community service is an increase in knowledge, community insight in waste management, especially the manufacture of liquid fertilizer and composting. Keywords: waste management training; liquid fertilizer; composting; ecotourism
Development of Innovation Capabilities in The Covid-19 Pandemic Era and Its Effect on Financial Performance Wijayanto, Andi; Nuzula, Nila Firdausi
Jurnal Aplikasi Bisnis dan Manajemen Vol. 11 No. 3 (2025): JABM Vol. 11 No. 3, September 2025
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.11.3.778

Abstract

Background: The COVID-19 pandemic has profoundly affected multiple aspects of life, particularly the business sector, which has struggled with the challenges posed by decreasing consumer spending. Globally, an economic crisis has occurred in many countries, including Indonesia, which experienced a recession in the third quarter of 2020 with a GDP decline of 3.49%. As the country with the highest number of COVID-19 cases in Southeast Asia and a high mortality rate, Indonesia faces major challenges in economic recovery. The government has implemented various measures to support people affected by the pandemic. In this situation, companies must develop adaptive strategies not only to survive but also to seize opportunities to improve their performance, even surpassing pre-pandemic conditions.Purpose: To explain how manufacturing companies in Indonesia invest in R&D to develop their innovation capabilities and financial performance during the crisis caused by the COVID-19 pandemic, to prove the differences between the innovation capabilities of Indonesian manufacturing companies before and during the crisis and its effect on financial performance.Design/methodology/approach: The research was conducted on 37 Indonesian manufacturing companies that disclosed expenditures for research and development (R&D) activities. Observational data are financial reports from 2018 to 2021. Data analysis techniques use the Wilcoxon Signed-Rank Test and Linear Regression.Findings/Result: The R&D intensity and ROA before and during the crisis did not differ significantly, whereas ROE showed a significant difference. Innovation capabilities show a significant effect on financial performance, both in ROA and ROE.Conclusion: Only 22% of Indonesian manufacturing companies allocate funds for R&D activities. Nevertheless, the Indonesian manufacturing companies under study demonstrated greater efforts to innovate during the COVID-19 pandemic. Investment in R&D increased from an average of 0.67% before the pandemic to 1.06% during the pandemic. The company's financial performance showed a decline during the pandemic.Originality/value (State of the art): This research has the novelty of revealing the development of innovation capabilities of Indonesian manufacturing companies during the COVID-19 pandemic and using a financial approach to prove the influence of innovation capabilities on company financial performance. Keywords: financial performance, innovation capabilities, manufacturing companies, pandemic era; research and development (r&d)
The influence of learning organization on employee performance mediated by employee creativity at pertamina hulu rokan, riau Fauzia, Sabila Hayyu; Wijayanto, Andi; Listyorini, Sari
Jurnal Mantik Vol. 9 No. 2 (2025): August: Manajemen, Teknologi Informatika dan Komunikasi (Mantik)
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the influence of learning organization on employee performance, with creativity as a mediating variable, at PT Pertamina Hulu Rokan in Riau. In facing business challenges in the energy sector that are constantly changing dynamically, companies need to develop a structured knowledge management system to improve the adaptive capabilities and productivity of their human resources. The approach used in this study is a quantitative approach with an explanatory research method, which aims to explain the causal relationship between variables. The sample in this study consisted of 100 respondents who were employees of PT Pertamina Hulu Rokan, selected through purposive sampling techniques. The data collection instrument was a questionnaire with a 5-point Likert scale, and the data analysis technique used Partial Least Squares Structural Equation Modeling (PLS-SEM) with the help of SmartPLS software. The results of the study showed that knowledge management had a positive and significant effect on employee creativity. Creativity has also been shown to have a positive effect on improving employee performance. In addition, knowledge management also directly affects performance, and creativity acts as a partial mediator in the relationship. These findings indicate that the development of a learning organization based on a knowledge system will increase employee creativity, which in turn is able to drive continuous performance improvement. This study contributes both theoretically to the development of literature related to knowledge management and creativity, as well as practically as a basis for managerial decision making in building an innovative and knowledge-based work culture