Claim Missing Document
Check
Articles

Found 17 Documents
Search

UNDERSTANDING THE FACTORS OF FINANCIAL INNOVATION IN INDUSTRIAL REVOLUTION 4.0 ERA Sinaga, Hizkia Edwar; Windijarto, Windijarto; Halawa, Forman; Mbate, Clarasiska Anasthasia
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 7 No 2 (2023): Edisi Mei - Agustus 2023
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v7i2.2986

Abstract

Financial innovation is a way of creating new financial products, services or processes effectively and efficiently. This study aims to examine the factors of financial innovation termed as the antecedents and consequences of implementing financial innovation at both micro and macroeconomic levels and to assist future researchers in determining research topics related to financial innovation. This research applies a Systematic Literature Review (SLR) method using 58 relevant articles from the Scopus database, which were examined and became the study results. This study discovers 14 antecedents and 53 consequences to financial innovation since the development of the Industrial Revolution 4.0 era. Even though there are still limitations within this article, this research does provide recommendations for future studies related to financial innovation in the Society 5.0 era.
THE MITIGATING FACTORS OF GREENWASHING : A SYSTEMATIC LITERATURE REVIEW Sari, Dica Yulinar; Windijarto, Windijarto
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 7 No 3 (2023): Edisi September - Desember 2023
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v7i3.3582

Abstract

Greenwashing is a strategy carried out by companies by presenting an image of good sustainable performance but hiding their actual environmental performance. Greenwashing harms investors and consumers. Therefore, this research will examine mitigation factors that can minimize the occurrence of greenwashing practices. This research method uses a Systematic Literature Review (SLR) with a database sourced from Scopus as many as 21 articles that are relevant to the topic of this study. It is hoped that the final results of this research will be useful in making policies related to greenwashing and as a basis for a development model for researchers related to greenwashing topics in the future.
HOW CAN BOARD DIVERSITY PROMOTE CORPORATE INNOVATION? : A SYSTEMATIC LITERATURE REVIEW Prithaningtyas, Arvianti; Windijarto, Windijarto
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 7 No 3 (2023): Edisi September - Desember 2023
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v7i3.3602

Abstract

Corporate innovation plays a crucial role in companies to remain sustainable in the future. Companies can also encourage the economic strength of a country. Innovative companies can be competitive in the market by improving marketing strategies and product innovation. Therefore, they can improve company performance. The board of directors has the authority to make strategic decisions to determine company performance. Based on the results of collecting 59 pieces of literature and then analyzing them, the researchers can conclude that various board characteristics such as board gender, foreign board, and board age can influence companies to innovate. Female directors can provide valuable insight, knowledge, and skills for companies to innovate to survive in the future. Foreign boards with cross-border knowledge and international relations can implement it into companies to innovate. Young directors have a much more risk appetite and are creative in trying new things.
MANAGERIAL OWNERSHIP AND DIVIDEND PAYMENT POLICY (Case Study on Manufacturing Companies Listed on IDX During the Period 2010-2019) Muhammad Azmi Caesardi; Windijarto Windijarto
JURNAL ILMIAH EDUNOMIKA Vol 8, No 2 (2024): EDUNOMIKA
Publisher : ITB AAS Indonesia Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jie.v8i2.12627

Abstract

Dividend catering theory explains that the dividend payment policy is closely related to fulfilling the requests of investors as share owners. When there is an increase in investor demand for dividend payments, the percentage of managers as company representatives in making policies to increase dividend payments will be greater. However, the existence of managers who are also share owners is a problem in itself when paying dividends. This research aims to measure the significance of the influence of managerial ownership, the presence of the manager as the majority shareholder, and the number of shares owned by the manager on dividend payments. The samples in this research were 33 manufacturing companies on the Indonesia Stock Exchange in the 2010-2019 period which were determined using purposive sampling techniques. The data analysis technique used is panel data regression analysis technique. The results of this research state that managerial ownership, the presence of the manager as the majority shareholder, and the number of shares owned by the manager have a significant negative effect on dividend payments
GOOD CORPORATE GOVERNANCE (GCG) AND FINANCIAL DISTRESS BEFORE AND DURING THE PANDEMIC COVID-19 Emilia, Rosintha; Windijarto
Jurnal Ekonomi dan Bisnis Airlangga Vol. 33 No. 2 (2023): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V33I22023.200-213

Abstract

Introduction: Companies need to apply Good Corporate Governance (GCG) to avoid financial difficulty during periods of crisis. This study can see more clearly the effect of the realization of GCG on banking during a crisis by comparing influence before the crisis and its influence during the crisis, is the application of GCG stronger in the crisis? And whether the show of GCG during a crisis can lower the occurrence of financial distress in affected firms. Methods: Quantitative research method using statistical analysis using regression panel data tested in different situations. Results: The effect of the GCG on financial distress increased in the crisis period, namely 25.48% in the pre-crisis term, increasing to 98.67% in the crisis term. Conclusion and suggestion: The outcome of this examination shows that GCG had a negative and significant effect before the crisis and during the crisis, but the results showed the influence of GCG is stronger for crisis periods where in that period companies will try to improve their corporate governance as an effort to survive.
PERAN SUPPLY CHAIN FINANCING DALAM MANAJEMEN MODAL KERJADAN LIKUIDITAS PT ABC Sulistiowati, Tatiek; Windijarto
Musytari : Jurnal Manajemen, Akuntansi, dan Ekonomi Vol. 14 No. 11 (2025): Musytari : Jurnal Manajemen, Akuntansi, dan Ekonomi
Publisher : Cahaya Ilmu Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.8734/musytari.v14i11.10876

Abstract

Tesis ini mengeksplorasi peran Supply Chain Financing (SCF) dalam manajemen modal kerja dan likuiditas perusahaan, dengan studi kasus pada PT ABC sebuah perusahaan yang salah satu divisinya bergerak pada sektor konstruksi. Industri konstruksi, yang ditandai dengan sifat proyek jangka panjang dan pembayaran bertahap, sering kali menghadapi tantangan likuiditas akibat keterlambatan pembayaran dari pemilik proyek. Penelitian ini berfokus pada bagaimana SCF dapat membantu dalam manajemen modal kerja dalam hal memberikan solusi untuk mengatasi keterbatasan modal kerja, mendukung operasional dan ekspansi bisnis, meningkatkan kepercayaan pemasok, dan efisiensi pengelolaan pembayaran. Selain itu SCF di PT ABC juga berperan pada perbaikan likuiditas perusahaan dalam hal peningkatan likuiditas, mengurangi tekanan kas operasional, menghindari gagal bayar, dan meningkatkan kepercayaan stakeholders. Metodologi yang digunakan adalah pendekatan kualitatif dengan studi kasus, termasuk wawancara mendalam dengan informan kunci dan analisis data sekunder. Hasil penelitian menunjukkan bahwa penerapan SCF di PT ABC sejak 2020 telah berperan signifikan dalam mengelola modal kerja dan memperbaiki likuiditas. Penelitian ini memberikan kontribusi pada literatur tentang SCF sebagai solusi strategis dalam pengelolaan modal kerja, serta implikasinya bagi perusahaan yang membutuhkan likuiditas dan fleksibilitas keuangan.
MEASUREMENT OF HEALTH LEVEL WITH APPROACH TO CAPITAL ADEQUACY LEVEL AND SATISFACTION LEVEL OF BANK FINANCING SUPPORT AT PT. GRESIK PETROCHEMICAL Afrian, Fuguh Imami; Windijarto
Jurnal Ekonomi Vol. 11 No. 01 (2022): Jurnal Ekonomi
Publisher : SEAN Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (571.757 KB)

Abstract

This study aims to determine the level of health by using a capital level measurement approach and to determine the level of satisfaction of the bank's financing support at PT. Gresik Petrochemicals. The data used in the study used primary data and secondary data. The primary data used are sourced from in-depth interviews with the Vice President of Finance, AVP of Treasury, fund management staff, and project administration at PT. Gresik Petrochemicals. As for the secondary data in this study, it was obtained from the annual financial report (annual report) that has been published by each bank through the Indonesian Financial Services Authority during the range of 2019 – 2020. The data analysis technique uses a soundness level measurement with a capital adequacy level (CAR) approach. and gap analysis. The results of the study show that aspects of the ease of the financing process, low service fees and low interest rates on loans provided by banks on the assurance dimension as well as aspects of bank reputation and account security on the reliability dimension are also aspects that are considered the most important for PT. Petrokimia Gresik in determining or selecting a bank as financing. The results of measuring the level of satisfaction expectations using gap analysis show that BNI, MUFG and Mandiri Banks have an average overall level of satisfaction with dimensions close to what is expected by PT. Petrokimia Gresik with a satisfaction level of more than 95 percent or 98.49 percent, 97.19 percent and 95.49 percent respectively. Until now PT. Petrokimia Gresik in choosing or determining which bank to use for financing is still focused or only considering the service aspect. Measurement of bank soundness level has not been taken into consideration by PT. Petrokimia Gresik in the selection of banks for financing. The results of this study indicate that all banks that have been providing financing facilities are categorized as very healthy with CAR values ​​above 12 percent. MUFG holds the largest CAR value with a value of 88.19 percent.