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Phenomenological Study of the Application of Islamic Business Ethics in Fashion Sale and Purchase Trasactions Vicki Luvian; Novi Puspitasari; Agus Mahardiyanto
Journal of Management Research and Studies Vol. 1 No. 2: July - December (2023)
Publisher : Optima Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61665/jmrs.v1i2.33

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The paper explores the impact of business growth on human life and emphasizes the neglect of ethics by some profit-driven entrepreneurs. It advocates for the integration of Islamic principles to guide business conduct, promoting a holistic approach and ethical boundaries based on the Qur'an and Hadith. Drawing parallels between Kant's deontology theory and Al-Ghazali's insights, the paper underscores the importance of grounding business actions in religious principles for a morally sound approach in the evolving economic landscape. This study aims to analyze the application of Islamic business ethics in buying and selling transactions based on the principles of unity, equilibrium, free will, responsibility, and benevolence at Althaf Moslem Store in Bogor, Indonesia. The research employs a qualitative method with a case study approach. Informant selection is determined using a purposive method, and observation serves as the primary data collection technique. The results indicate that Althaf Moslem Store has successfully implemented the principles of Islamic business ethics.
The Role and Constraints of Group Sharia Financing in the Economic Empowerment of Women Customers Dewi Piyanggara; Novi Puspitasari; Suparman
Journal of Management Research and Studies Vol. 1 No. 2: July - December (2023)
Publisher : Optima Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61665/jmrs.v1i2.34

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The purpose of this research is to analyse the role and constraints of group sharia financing in women's economic empowerment for BTPN Syariah Bondowoso customers. This research uses a qualitative approach with a case study method. The location of the object of this research is BTPN Syariah Bondowoso group sharia financing customers in Sumbermalang Village, Wringin District, Bondowoso Regency. Researchers used primary data obtained through interviews. The selection of informants was carried out using purposive sampling technique. The results showed that the group sharia financing product at BTPN Syariah Bondowoso has participated in the economic empowerment of underprivileged women customers. The empowerment includes providing financial assistance as business capital, providing training that is useful for increasing customer literacy and abilities, and assistance in managing customer businesses carried out by BTPN Syariah Community Officers (CO). The results also show that the obstacles experienced in the implementation of group sharia financing as an effort to empower the economy are the bad instalment payments among customers. These obstacles are caused by business failure and misuse of funds for consumptive activities.
An Exploration of the Causes of the Failure of PPR Payments in the Wirogunan Residence Community during the Pandemic Lailatul Mukaroma; Novi Puspitasari; Abdul Fatah
Journal of Management Research and Studies Vol. 1 No. 2: July - December (2023)
Publisher : Optima Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61665/jmrs.v1i2.35

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his research aims to explore the causes of the failure of the Wirogunan Residence community's Home Ownership Financing payments during the pandemic and how the actions taken by the Wirogunan Residence community in overcoming problematic financing during the pandemic. This research uses a qualitative method with a case study approach and uses data collection techniques in the form of interviews. The results of the interviews suggested that during the pandemic, people who work as entrepreneurs experienced a decrease in income due to decreased consumer buying interest during the pandemic and some private employees at industrial factories experienced layoffs due to the work from home policy which made them lose income. The significant decline in income during the pandemic has an impact on PPR installment payments, resulting in delays to delinquent payments. To overcome the problem of PPR installment financing, the Wirogunan Residence community takes several actions by looking for additional income such as opening a business that is still needed during the pandemic, making loans to relatives or closest relatives to applying for financing restructuring at the bank.
Exploration of the Interest of MSME Bussines Actors in Applying For Halal Certification Rofifah, Zazilatul; Novi Puspitasari; Mochamad Sulthoni
Journal of Management Research and Studies Vol. 2 No. 2: July - December (2024)
Publisher : Optima Science

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Abstract

The Micro, Small and Medium Enterprises (MSMEs) industry plays an important role in the Indonesian economy. However, many MSMEs do not yet have halal certification, potentially hindering their business growth. This study aims to explore the lack of interest of MSME business actors in applying for halal certification and explore the factors driving MSME business actors to be interested in taking care of halal certification (Case Study on Umkm Actors in Bondowoso District, Bondowoso Regency). This study uses a Qualitative Descriptive method using an analysis tool, namely semi-structured interview techniques to 8 informants with details of 6 MSME business actors in Bondowoso District, Bondowoso Regency, 1 Head of MSMEs and 1 Head of DISKOPERINDAG. The results showed that most MSME business actors have a high interest in applying for halal certification but there are several obstacles that hinder MSME business actors in applying for halal certification. Their main reasons are to increase consumer confidence, expand the market, and increase business competitiveness.
Sustainability Report and Leverage Analysis of Financial Performance of Companies on the Sharia Securities List Muhammad, Ali Nur; Novi Puspitasari; Susanti Prasetyaningtyas
Journal of Management Research and Studies Vol. 2 No. 2: July - December (2024)
Publisher : Optima Science

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Abstract

Study aim For analyze influence sustainability report and leverage against performance finance company on sector energy, goods primary consumers, goods standards, and infrastructure registered in DES. Ratio sustainability report consists from aspect economic, aspect social, aspect environment, and leverage is measured with Debt to Equity Ratio, against performance measured finances​ with ROA and ROE. Population in study This is company sector energy, goods primary consumers, goods standards, and infrastructure registered on the Sharia Securities Register, reporting report finances, and reports sustainability report. Samples obtained as many as 21 companies with use technique purposive sampling. Study This using secondary data obtained​ through Sharia Securities List website and website official. Based on results data analysis and discussion at the company energy, goods primary consumers, goods standards, and infrastructure on the Sharia Securities List for 2018-2022, then obtained Conclusion, 1) Sustainability report aspect economy influential significant to performance finance; 2) Sustainability report aspect social influential significant to performance finance; 3) Sustainability report aspect environment influential significant to performance finance; 4) Leverage matters significant to performance finance.
KAJIAN FAKTOR PENENTU SURPLUS (DEFISIT) UNDERWRITING DANA TABARRU’ PADA PERUSAHAAN ASURANSI UMUM SYARIAH DAN UNIT USAHA SYARIAH PERUSAHAAN ASURANSI UMUM DI INDONESIA Novi Puspitasari; Amalia Nurfarida; Lilik Farida
Journal of Public and Business Accounting Vol. 1 No. 1 (2020): January - June
Publisher : Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Widya Gama

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (239.656 KB) | DOI: 10.31328/jopba.v1i1.78

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Tujuan penelitian ini adalah menganalisis pengaruh klaim, retakaful, hasil investasi, dan kontribusi peserta terhadap surplus (defisit) underwriting dana tabarru’ pada perusahaan asuransi umum syariah dan unit usaha syariah perusahaan asuransi umum di Indonesia. Metode purposive sampling digunakan untuk penentuan sampel penelitian ini. Populasi yang diperoleh berjumlah 26 perusahaan asuransi umum syariah dan unit usaha syariah, yang kemudian diperoleh 10 sampel perusahaan yang sesua1 kriteria. Metode analisis data yang digunakan dalam penelitian ini adalah analisis regresi linear berganda. Hasil penelitian menunjukkan bahwa klaim berpengaruh negatif dan signifikan terhadap surplus (defisit) underwriting dana tabarru’, retakaful dan hasil investasi tidak berpengaruh signifikan terhadap surplus (defisit) underwriting dana tabarru’, dan kontribusi peserta berpengaruh positif dan signifikan terhadap surplus (defisit) underwriting dana tabarru’.
Analisis Akurasi Prediksi Kebangkrutan Model Altman Z-Score pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Sheilly Olivia Marcelinda; Hadi Paramu -; Novi Puspitasari -
e-Journal Ekonomi Bisnis dan Akuntansi Vol. 1 No. 1 (2014)
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/ejeba.v1i1.556

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This research aimed to analyse the accuracy of the Altman Z -Score bankruptcy prediction model using auditor's opinion in companies listed in Indonesia Stock Exchange. The data used in this study were secondary data obtained from the annual financial statements of manufacturing firms during 2010-2012. Selected companies listed in Indonesia Stock Exchange in 2010-2012 and having the independent auditors' report were used as a sample. The analytical method used was Altman Z -Score model and comparation between the Altman Z -Score and the auditor's opinion . Results of this study showed that the percentage of accuracy of models modified Altman Z -Score 27.96 % . It can be concluded that Altman Z -Score bankruptcy prediction model has a low level of accuracy in predicting bankruptcy of companies listed on the Indonesia Stock Exchange 2010-2012 .
Risiko Akad Murabahah Serta Pengelolaan Risiko Akad Murabahah Pada BMT-UGT Sidogiri Cabang Wongsorejo, Kabupaten Banyuwangi Nur Hasanah; Novi Puspitasari; Lilik Farida
e-Journal Ekonomi Bisnis dan Akuntansi Vol. 2 No. 1 (2015)
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/ejeba.v2i1.1346

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Penelitian ini bertujuan untuk mengetahui praktek pembiayaan murabahah dan untuk mengetahui risiko apa saja yang sering menyertai pembiayaan murabahah serta untuk mengetahui bagaimana BMT-UGT Sidogiri cabang Wongsorejo dalam mengelola risiko-risiko tersebut. Penelitian ini dilakukan pada salah satu koperasi yang berbasis syariah di Indonesia, yaitu BMT-UGT Sidogiri cabang Wongsorejo, yang beroperasi sesuai dengan prinsip-prinsip syariah dan etika bisnis dalam Islam. Penelitian ini menggunakan metode penelitian kualitatif deskriptif. Hasil dari penelitian ini adalah praktek pembiayaan yang berbasis jual beli dengan menggunakan akad murabahah yang ada di BMT-UGT Sidogiri cabang Wongsorejo sudah sesuai dengan prinsip-prinsip syariah. BMT-UGT Sidogiri cabang Wongsorejo pernah mengalami risiko yang terkait dengan sistim pembayaran  yaitu pembayaran kurang lancar dari anggota karena terjadi risiko murni yang dialami oleh anggota. BMT-UGT Sidogiri cabang Wongsorejo telah menetapkan manajemen risiko untuk meminimalisir risiko yang akan terjadi. Pengelolaan risiko pada BMT-UGT Sidogiri cabang Wongsorejo berbeda-beda  berdasarkan risiko yang terjadi.
Analisis Perbedaan Kebijakan Pendanaan dan Dividen antara Perusahaan Tumbuh dan Tidak Tumbuh dengan Pendekatan IOS (Studi pada Perusahaan Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2015) Zazilatul Mu'mila; Tatang Ary Gumanti; Novi Puspitasari
e-Journal Ekonomi Bisnis dan Akuntansi Vol. 6 No. 1 (2019): e-JEBA Volume 6 Nomor 1 Tahun 2019
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/ejeba.v6i1.11067

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This study aims to analyze differences in funding policy as measured by debt equity ratio, and debt to market value equity then funding policy as measured by dividend payout ratio and dividend yield. The growth companies and non growth companies. The population in this research is property and real estate companies listed on the Indonesia Stock Excange years 2012-2015, sampling technique is purposive sampling so that obtained 123 data that meet the completeness of research data. The analytical method used comfirmatory factor analysis and different test analysis. Hypothesis test was done by independent sample t test and U-Mann Whitney test. The results show that debt equity ratio and dividend payout ratio there is no significant difference between growth companies and non growth companies. While debt to market value equity and dividend yield. There is a significant difference between growth companies and non growth companies. Keywords: Proxy IOS, DER, D/MVE, DPR and DY.
The Role of Intellectual Capital and Good Corporate Governance in Determining Firm Value Across the Normal, Pandemic, and Recovery Periods M Fatwa Algifari; Elok Sri Utami; Novi Puspitasari
Global Management: International Journal of Management Science and Entrepreneurship Vol. 2 No. 3 (2025): August : International Journal of Management Science and Entrepreneurship
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globalmanagement.v2i3.324

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This study aims to determine the influence of intellectual capital, company age, company size, and managerial ownership on firm value, with Good Corporate Governance (GCG) acting as a moderating variable. In addition to analyzing the overall effect of each variable, this study also divides the analysis into three distinct periods: the normal period, the pandemic period, and the recovery period. The population of the study includes companies in the hotel, restaurant, and tourism sub-sectors listed on the Indonesia Stock Exchange (IDX) during the period of 2018 to 2022. The sample was selected using purposive sampling, resulting in a total of 24 companies with 120 observations analyzed. To test the hypotheses and analyze the data, this study employed the Statistical Product and Service Solutions (SPSS) software version 25. The results indicate that intellectual capital and company age do not have a significant effect on firm value. In contrast, company size and managerial ownership were found to have a significant influence on firm value, suggesting that larger companies and those with higher levels of managerial ownership tend to have stronger firm value. Furthermore, Good Corporate Governance (GCG), when tested as a moderating variable, did not significantly strengthen the relationship between intellectual capital and firm value. When viewed across the three time periods—normal, pandemic, and recovery—intellectual capital, company age, managerial ownership, and the moderating effect of GCG consistently showed no significant influence on firm value. However, the study reveals a notable exception in the case of company size. During both the pandemic and recovery periods, company size was shown to significantly affect firm value. This suggests that during periods of crisis and recovery, firm size plays a more crucial role in maintaining or increasing firm value, possibly due to greater resources, resilience, and operational capacity possessed by larger firms.