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Firm Value and Its Predictors: An Examination of Companies Listed on Jakarta Islamic Index Muhammad Fajrul Novrizal; Muhammad Arfan; Ratna Mulyany
Share: Jurnal Ekonomi dan Keuangan Islam Vol 11, No 1 (2022)
Publisher : Faculty of Islamic Economics and Business, Universitas Islam Negeri Ar-Raniry

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22373/share.v11i1.11867

Abstract

This study aims to determine whether financial leverage, managerial ownership, profitability, company size, and the Islamic Social Reporting Index influence the firm value of companies listed on the Jakarta Islamic Index. The study population comprises companies listed on the Jakarta Islamic Index (JII) over the period of 2015-2019, with a total of 70 observations. This research period was chosen to avoid the potential effect of COVID-19 in the years after 2019. It is revealed that simultaneously all the financial leverage, managerial ownership, profitability, company size, and Islamic Social Reporting Index variables have a positive effect on firm value. Moreover, in the partial test, it was also found that each independent variable had a positive effect on firm value. The study implies and signifies the role of Islamic social reporting not only in ensuring the achievement of firms’ social accountability but also in increasing their value, particularly of those listed on the Islamic index.====================================================================================================ABSTRAK - Nilai Perusahaan dan Prediktornya: Pemeriksaan Perusahaan yang Terdaftar di Jakarta Islamic Index. Penelitian ini bertujuan untuk mengetahui apakah financial leverage, kepemilikan manajerial, profitabilitas, ukuran perusahaan, dan Islamic Social Reporting Index berpengaruh terhadap nilai perusahaan perusahaan yang terdaftar di Jakarta Islamic Index. Populasi penelitian adalah perusahaan yang terdaftar di Jakarta Islamic Index (JII) periode 2015-2019, dengan total 70 observasi. Periode penelitian ini dipilih untuk menghindari potensi efek COVID-19 di tahun-tahun setelah 2019. Terungkap bahwa secara simultan semua variabel financial leverage, kepemilikan manajerial, profitabilitas, ukuran perusahaan, dan Islamic Social Reporting Index berpengaruh positif terhadap perusahaan. nilai. Selain itu, pada uji parsial juga ditemukan bahwa masing-masing variabel independen berpengaruh positif terhadap nilai perusahaan. Studi ini menyiratkan dan menandakan peran pelaporan sosial Islam tidak hanya dalam memastikan pencapaian akuntabilitas sosial perusahaan, tetapi juga dalam meningkatkan nilainya, terutama yang terdaftar di indeks Islam.
Community Service: Entrepreneurship And Cultural Collaboration To Improve The Quality Of University Evi Mutia; Iskandarsyah Madjid; Noor Azuddin Yakob; Jhon Andra Asmara; Ratna Mulyany; Fazli Syam BZ; Farid Farid; Ade Irma Suryani; Halimatussakdiah Halimatussakdiah; Ahmad Nizam; Chenny Seftarita; Bambang Bambang
International Journal Of Community Service Vol. 3 No. 4 (2023): November 2023 ( Indonesia - Republik Demokratik Timor Leste - Malaysia - USA -
Publisher : CV. Inara in Colaboration with www.stie-sampit.ac.id

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51601/ijcs.v3i4.227

Abstract

This community service carries the theme of entrepreneurship and cultural collaboration, which aims to improve the quality of universities. Universities act as centers of academic learning and as agents of positive transformation and foster an entrepreneurial mindset among their students. This activity was carried out by the Faculty of Economics and Business, Universitas Syiah Kuala, in collaboration with the Graduate School of Business, Universiti Kebangsaan Malaysia. Using Service Learning (SL) and Partnership/Collaboration methods, this program combines entrepreneurship and cultural collaboration, providing a holistic approach to university engagement. Entrepreneurship education has gained significant recognition as a catalyst for innovation, economic growth, and job creation. Cultural collaboration, in parallel, underscores the importance of preserving and celebrating cultural diversity while fostering cross-cultural understanding, which in this program is carried out by rebranding the university in particular and Aceh in general. As the university grows, its commitment to community service remains a cornerstone of its mission to create a better, more inclusive, and culturally enriched society. Future initiatives could explore deeper aspects, such as innovation and sustainable collaboration strategies.