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Governance Matters: Boosting Firm Value Through Profitability: Tata Kelola Perusahaan: Meningkatkan Nilai Perusahaan Melalui Profitabilitas Yudi Firmansyah, Difandika; Purwidianti, Wida; Tubastuvi, Naelati; Fakhruddin, Iwan
JBMP (Jurnal Bisnis, Manajemen dan Perbankan) Vol. 11 No. 1 (2025): April: JBMP Volume 11 No. 1 2025
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/jbmp.v11i1.2075

Abstract

This study aims to explore the moderating role of good corporate governance in the relationship between financing decisions, investment decisions, dividend policy, and profitability on firm value. Utilizing a purposive sampling technique, we analyzed data from 85 manufacturing companies listed on the Indonesia Stock Exchange from 2020 to 2022, resulting in 195 unbalanced observations. Employing regression modeling with panel data, we conducted descriptive statistical tests, preliminary tests (Breusch-Pagan, Chow, and Hausman tests), diagnostic tests (heteroscedasticity and autocorrelation), and hypothesis testing. The findings reveal that while profitability positively influences firm value, financing, investment, and dividend decisions do not significantly impact it. Furthermore, good corporate governance enhances the relationship between profitability and firm value, with the presence of female directors contributing to increased profitability. However, female directors do not moderate the effects of financing, investment, and dividend decisions on firm value. This research underscores the importance of female leadership as a mechanism of good corporate governance in enhancing company value
EXPLORING THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY, GOOD CORPORATE GOVERNANCE AND ENVIRONMENTAL PERFORMANCE ON RETURN ON ASSETS Kusuma Dewi, Yonanda Roro; Tubastuvi, Naelati; Purwidianti, Wida; Widyaningtyas, Dian
Jurnal Akuntansi Trisakti Vol. 12 No. 1 (2025): Februari
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v12i1.21701

Abstract

This research aimed to assess the impact of Corporate Social Responsibility (CSR), Board of Directors, Independent Commissioner, Institutional Ownership, and  Environmental Performance on Financial Performance. The population in this analysis consisted of 129 Consumer Non-cyclical sector firms listed on the Indonesian Stock Exchange from 2020 to 2023. Using purposive sampling, a sample of 45 firms with 102 observations was generated. The data was analyzed quantitatively and processed using the SPSS program. The findings of this research show that Corporate Social Responsibility negatively impacts Financial Performance and Independent Commissioners positively and significantly affect Financial Performance. Then, the Board of Directors, Institutional Ownership, and Environmental Performance do not affect financial performance. This research implies that Consumer Non-cyclical sector firms can increase the ratio of independent commissioners to enhance their financial performance, and these firms need to revisit their CSR approach to ensure it contributes more effectively to financial performance.
Determinants of Financial Distress: The Role of Operating Capacity, Sales Growth, Operating Cash Flow, and Leverage Maulidina, Azizah; Purwidianti, Wida; Tubastuvi, Naelati; Alfalisyado, Alfalisyado
Akuisisi : Jurnal Akuntansi Vol 21, No 1 (2025)
Publisher : Universitas Muhammadiyah Metro

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24127/akuisisi.v21i1.2335

Abstract

This research examines the influence of operating capacity, sales growth, operating cash flow, and leverage on the financial distress conditions of companies in the consumer goods industry sector listed on the Indonesia Stock Exchange for the period 2020-2022. This study uses a purposive sampling method for sampling with a sample size of 57 companies. The analysis technique used is binary logistic regression using SPSS version 26. The results of this study indicate that operating capacity and leverage have a significant effect on the company's financial distress, while sales growth and operating cash flow have no significant effect on the company's financial distress.
UPAYA MEMPERTAHANKAN LOYALITAS PERAWAT: PERAN SERVANT LEADERSHIP STYLE, WORK-LIFE BALANCE, DAN KEPUASAN KERJA SEBAGAI VARIABEL MEDIASI Cahyaningsih, Irshania Ayu; Suyoto, Suyoto; Purwidianti, Wida; Bagis, Fatmah
Equilibrium : Jurnal Ilmiah Ekonomi, Manajemen dan Akuntansi Vol 14, No 1 (2025): April
Publisher : Lembaga Penerbitan dan Publikasi Ilmiah (LPPI) Universitas Muhammadiyah Palopo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35906/equili.v14i1.2291

Abstract

ABSTRAKPegawai yang memiliki sikap loyalitas tinggi tidak hanya berfokus pada kepentingan pribadinya, tetapi juga memiliki komitmen yang kuat terhadap tujuan dan keberhasilan organisasi tempat mereka bekerja. Penelitian ini bertujuan untuk mengidentifikasi dan menganalisis upaya mempertahankan loyalitas perawat melalui peran servant leadership style, work-life balance, dan kepuasan kerja sebagai mediasi pada perawat Instalasi Rawat Inap RSUD Hj. Anna Lasmanah Banjarnegara. Penelitian ini merupakan penelitian kuantitatif menggunakan Structural Equation Modelling (SEM) dengan alat analisis data statistik aplikasi SmartPLS. Pengambilan sampel menggunakan tenik sampling jenuh dengan jumlah sampel sebanyak 108 perawat. Hasil analisis menunjukkan bahwa Servant Leadership Style, Work-life Balance, dan Kepuasan Kerja secara parsial berpengaruh positif dan signifikan terhadap Loyalitas Perawat, Kepuasan Kerja tidak dapat memediasi hubungan antara Servant leadership Style terhadap Loyalitas Perawat akan tetapi dapat menjadi mediasi hubungan antara Work-life Balance terhadap Loyalitas Perawat. ABSTRACTEmployees who have a high loyalty attitude are not only focused on their personal interests, but also have a strong commitment to the goals and success of the organization where they work. This research aims to identify and analyze efforts to maintain nurse loyalty through servant leadership style, work-life balance, and job satisfaction as mediation for nurses at the Inpatient Installation of RSUD Hj. Anna Lasmanah Banjarnegara. This research is quantitative research using Structural Equation Modeling (SEM) with the SmartPLS application statistical data analysis tool. Sampling used a saturated sampling technique with a total sample of 108 nurses. The analysis results show that Servant Leadership Style, Work-life Balance, and Job Satisfaction partially have a positive and significant effect on Nurse Loyalty. Job Satisfaction cannot mediate the relationship between Servant Leadership Style and Nurse Loyalty but it can mediate the relationship between Work-life Balance on Nurse Loyalty.
The Role of Dividend Policy as a Mediator of the Relationship between Corporate Governance and Profitability on Firm Value Lestiana, Eli; Purwidianti, Wida; Tubastuvi, Naelati; Widhiandono, Hengky
Eqien - Jurnal Ekonomi dan Bisnis Vol 14 No 01 (2025): Journal of Economics and Business
Publisher : Fakultas Ekonomi dan Bisnis Universitas Islam DR KH EZ Mutaqien

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34308/eqien.v14i01.2041

Abstract

This analysis examines the role of dividend policy as a mediator in the relationship between corporate governance and profitability on firm value. The population studied consisted of 47 public banking companies listed on the Indonesia Stock Exchange during 2019-2023, with 87 research samples obtained through the purposive sampling method. The analysis confirmed that profitability significantly positively affects dividend policy and corporate governance positively influences firm value. However, corporate governance and dividend policy do not affect firm value, and dividend policy does not mediate the relationship between corporate governance and firm value, as well as between profitability and firm value. These findings confirm the importance of profitability and corporate governance in enhancing firm value through effective dividend policy.
PENGARUH LITERASI KEUANGAN, LINGKUNGAN SOSIAL, GAYA HIDUP, DAN PENGETAHUAN KEUANGAN TERHADAP PERENCANAAN KEUANGAN PRIBADI MAHASISWA Tubagus Zuhdan Azis; Ika Yustina Rahmawati; Wida Purwidianti; Restu Frida Utami
Journal of Economic, Bussines and Accounting (COSTING) Vol. 8 No. 1 (2025): COSTING : Journal of Economic, Bussines and Accounting
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/costing.v8i2.14149

Abstract

Penelitian ini bertujuan untuk mengkaji pengaruh literasi keuangan, lingkungan sosial, gaya hidup, dan pengetahuan keuangan terhadap perencanaan keuangan pribadi mahasiswa. Latar belakang penelitian ini adalah tingginya tingkat kegagalan finansial di kalangan mahasiswa akibat kurangnya perhatian terhadap perencanaan keuangan. Metode yang digunakan adalah penelitian kuantitatif dengan menggunakan kuesioner yang disebarkan kepada 112 mahasiswa dari tiga perguruan tinggi di Purwokerto. Data dianalisis menggunakan Software Smart PLS versi 3. Hasil penelitian menunjukkan bahwa pengetahuan keuangan memiliki pengaruh positif dan signifikan terhadap perencanaan keuangan pribadi mahasiswa, sementara literasi keuangan, lingkungan sosial, dan gaya hidup tidak berpengaruh terhadap perencanaan keuangan pribadi. Penelitian ini memberikan wawasan penting bagi pengembangan keterampilan keuangan mahasiswa agar mereka dapat menjadi pengelola keuangan yang lebih baik di masa depan.
Driving MSME Success: Unveiling the Impact of Digital Literacy, Financial Literacy, Innovation, and Human Capital Petra, Dany Nofrizal; Innayah, Maulida Nurul; Purwidianti, Wida; Utami, Restu Frida
Kompak :Jurnal Ilmiah Komputerisasi Akuntansi Vol. 18 No. 1 (2025): Jurnal Ilmiah Komputer Akuntansi (KOMPAK)
Publisher : Universitas Sains dan Teknologi Komputer

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51903/mcrbvy35

Abstract

This study aimed to examine the effect of digital literacy, financial literacy, innovation, and human capital on MSME performance. This study used Structural Equation Modeling (SEM) based on Partial Least Square (PLS). The population in this study consisted of MSMEs located in Banyumas Regency. Moreover, the sampling technique used in this study was convenience sampling, with the criteria that MSMEs were in Banyumas Regency and have been operating for at least 3 years, which resulted in 161 respondents. This study showed that digital literacy, innovation, and human capital have a positive and significant effect on MSME performance. In line with Resource-Based Theory (RBT), resources within organizations such as digital literacy, innovation, and human capital play an important role in facing competition to improve MSME performance. In addition, this study shows that financial literacy has not effect on MSME performance.
The Influence of Brand Ambassador, Brand Trust and Electronic Word of Mouth on the Purchase Decision of Makeover Cosmetic Products Sofwatunnisa, Novi; Luthfi Zamakhsyari; Purwidianti, Wida; Hidayah, Arini
Asian Journal of Management Analytics Vol. 4 No. 3 (2025): July 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v4i3.14445

Abstract

This study examines the rapid growth of the cosmetic industry, focusing on MakeOver, a leading brand in Indonesia. The objective is to analyze the impact of Brand Ambassadors, Brand Trust, and Electronic Word of Mouth (eWOM) on consumer purchasing decisions related to MakeOver products. A quantitative approach was employed using questionnaires distributed to 100 respondents. The target population consisted of female students from three universities in Purwokerto: University Muhammadiyah Purwokerto, State Islamic University Prof. K.H. Saifuddin Zuhri, and Wijaya Kusuma University. Purposive sampling was applied, selecting female students who had purchased MakeOver products at least once. Slovin’s formula was used to determine the sample size. Data were analyzed using IBM SPSS Statistics 25. The results reveal that (1) Brand Ambassadors significantly influence purchasing decisions, (2) Brand Trust significantly affects purchasing decisions, (3) eWOM significantly impacts purchasing decisions, and (4) Brand Ambassadors, Brand Trust, and eWOM collectively have a significant effect on consumer purchasing decisions.
The Influence of Brand Image, Celebrity Endorser, Electronic Word of Mouth and Communication Media on Purchase Decisions Syifaramadan, Choiruddin; Rahayu, Tri Septin Muji; Utami, Restu Frida; Purwidianti, Wida
Asian Journal of Management Analytics Vol. 4 No. 3 (2025): July 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v4i3.14775

Abstract

This study aims to analyze the influence of brand image, celebrity endorser, electronic word of mouth and communication media on purchasing decisions for skincare brand S products in Indonesia. The population in this study was the general public of Kembaran sub-district. The sampling method used was purposive sampling. The formula for determining the minimum sample used Slovin with a minimum sample of 100 respondents. The instrument used was a questionnaire with a Likert scale. This study used multiple linear regression test analysis tools. The results showed that brand image had a positive and significant effect on purchasing decisions, celebrity endorsers had a significant positive effect on purchasing decisions, electronic word of mouth had a negative effect on purchasing decisions and communication media had no impact on purchasing decisions.
The Influence of Service Quality, Price, Promotion and Electronic Word of Mouth (E-Wom) on Purchasing Decisions on Shopee E-Commerce Akbar, Mochammad; Rachmawati, Erny; Purwidianti, Wida; Miftahuddin, Muchammad Agung
Asian Journal of Management Analytics Vol. 4 No. 3 (2025): July 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v4i3.15052

Abstract

This study aims to analyze the influence of service quality, price, promotion, and electronic word of mouth (e-WOM) on purchase decisions on the Shopee e-commerce platform. A quantitative approach was used by collecting data through questionnaires to 130 students in Purwokerto who had shopped through Shopee in the January-May 2025 period. Data is analyzed using the SmartPLS application 3. The results showed that promotion and e-WOM had a significant positive effect on purchase decisions, while service quality and price did not show a significant influence. These findings confirm the importance of digital promotions and user-generated content in influencing online consumer behavior and providing strategic input for the development  of e-commerce marketing.
Co-Authors Aditya, Yogga Aeni, Nurul Nur Ainun Nizmah, Kemala Akbar, Mochammad Akhmad Darmawan Akhmad Darmawan Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado Alfalisyado, Alfalisyado Alfato Yusnar Kharismasyah Amira, Putri Nur Ani Kusbandiyah Anindita, Kurniasih Setya Annisa Ilma Hartikasari Arini Hidayah, Arini Aryoko, Yudhistira Pradhipta Asy-Syifa, Muhammad Rasyid Awalia, Melani Azaria, Muhammad Javier Fausta Azzahara, Cantik Tiara Maharani Bagis, Fatmah Bima Cinintya Pratama Budi Santoso, Suryo Cahyaningsih, Irshania Ayu Damayanti, Dika Dania Febriana Dian Papulasih Dwi Vina Rahmawati Eko Hariyanto Elora Fitri Solihfahmi, Tsabitah Ernawati, Yuniar Erny Rachmawati Fahitaratih, Syafira Maistin Farid Muhammad Rofifudin Fatmah Bagis Fauzan Putra, Evan Febiani, Syarila Asri Febriana Hidayanti Febriansyah, Wivan Febrianti, Fika Febrilianty, Arfannisa Firlian Fikri Egyansyah Fitir Riasi, Fatikhah Fitriati, Azmi Florida Mandiriani Suwaji Frida Utami, Restu Handayani, Erna Haq, Irdhiana Ilma Haryanto, Totok Hengky Widhiandono, M.Si. S.E. Hermin Endratno Herni Justiana Astuti Ika Yustina Rahmawati Ika Yustina Rahmawati Ines Putri Adna Zein Istiqomah, Razita Izza Iwan Fakhruddin Kharismasyah, Alfato Yusnar Kusuma Dewi, Yonanda Roro Kuswara, Arif Rahman Lahan Adi Purwanto Lahan Adi Purwanto Lestiana, Eli Luthfi Zamakhsyari Maharani, Annisa Dwi Maulida Nurul Innayah Maulidina, Azizah Ma’ruf, Anwar Ma’ruf, Nasir Melliana, Sinta Bella Miftahuddin, Muchammad Agung Miftahudin, Muchamad Agung Mody Nurhidayati Mudjiyanti, Rina Muhammad Faqih Rachman, Faqih Muhammad Rasyid Asy-Syifa Mujirahayu, Tri Septin Mukromiin, Ramadhan Khoerul Naelati Tubastuvi Naelati Tubastuvi Nugroho, Bambang Haryo Nur Ainun, Rania Nur Hamam, Zaki Nurjannah, Afifah Zahroh Pamungkas, Ibnu Pandabandjal, Asmarani Petra, Dany Nofrizal Pragita, Amellia Pramesti, Shasa Pratamasari, Mega Aprillia Pujiati Utami Puput Purwanti Purnadi Purnadi Purnadi, Purnadi Purwita, Eka Yuli Rahmawati, Ika Yustina Randikaparsa, Irawan Refaldy Barry Saputra Restu Frida Utami Retno Dwiyanti Rimellaika, Ardya Riri Ariyanti Rolani, Mita Santhy Hawanti Sekar Laras Ati Selamat Eko Budi Santoso Setiyaningrum, Anggun Shelia Anjarani Silvia, Nadya Agnes Sinta Bella Melliana Sinta Dwi Febriyanti Slamet Budi Santoso Sofwatunnisa, Novi Sri Wahyuni Sri Wahyuni Sri Wahyuni Sri Wahyuni Sungkar, Hani Lutpiah Suryo Budi Santoso Susi Wardhani Suwartono Suwartono Suyoto Suyoto Syahreiza, Muhammad Syifaramadan, Choiruddin Totok Haryanto Tri Na'imah Tri Septin Muji Rahayu Tri Septin Muji Rahayu, Tri Septin Tri Septin Mujirahayu Trisyanti, Cindy Salawatan Tubagus Zuhdan Azis Tuti Juniarsih Wahid, Dimas Lanang Rizky Watemin, Watemin Wiasih, Dina Retno Widhidanono, Hengky Widyaningtyas, Dian Wulan Ndatika, Utyea Wulandari, Nur Apni Yudi Firmansyah, Difandika Yusnar Kharismasyah, Alfato Yusnar, Alfato Yustina Rahmawati, Ika Zaen, Mudrikah Zaharani, Lisa Cahya Zakaria, Yoga Zain Zamakhsyari, Luthfi Zein, Ines Putri Adna