Articles
Analysis of Optimal Portfolio Formation Using a Single Index Model on KLCI Malaysia Stocks for the 2017-2019 Period
Abdillah Faqih;
Wiwit Hariyanto
Academia Open Vol 5 (2021): December
Publisher : Universitas Muhammadiyah Sidoarjo
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (232.292 KB)
|
DOI: 10.21070/acopen.5.2021.2395
The purpose of this study is to determine the portfolio determination of the Single Index Model, the Random Method, and to find out how the differences between the optimal portfolio returns of the two are. The sample in this study uses purposive sampling, namely the selection of samples with certain characteristics, so as to get 29 stocks in the KLCI index. The technique of data analysis and hypothesis testing uses the Wilcoxon Rank Sum-Test, to find out whether there is a difference in the average of two paired samples, the samples are the same sample. To test the hypothesis using the IBM SPSS Statistics 25 program tool. The results of the research from SPSS output show that the Asym Sig. (2-tailed) is 0.021 where the basis for making the decision is if the significance value (Sig < 0.005 means Ha is accepted). It can be concluded that there is a difference in portfolio returns between using the Single Index Model and the Random Method.
The Influence of Corporate Social Responsibility, Good Corporate Governance, and Intellectual Capital on Company Value and Financial Performance
Vivi Dwi Anggreini;
Wiwit Hariyanto
Academia Open Vol 5 (2021): December
Publisher : Universitas Muhammadiyah Sidoarjo
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (244.813 KB)
|
DOI: 10.21070/acopen.5.2021.2397
In the current era of globalization, companies are growing rapidly, besides the current economy is less stable. In this case Corporate Social Responsibility, Good Corporate Governance and Intellectual Capital are very important to be implemented. With the aim of knowing whether Corporate Social Responsibility, Good Corporate Governance, and Intellectual Capital have an effect on Company Value and Financial Performance in Food and Beverages Companies listed on the Indonesia Stock Exchange for the 2015-2019 Period. This research method uses quantitative research. The type of data in this study is secondary data with data collection techniques using the documentation method. The sample used is Food and Beverages companies listed on the Indonesia Stock Exchange for the 2015-2019 period using the purposive sampling method. The data analysis technique used is descriptive statistical analysis, classical assumption test, and multiple linear regression analysis. The results of this study indicate that Corporate Social Responsibility has no effect on firm value, good corporate governance has no effect on firm value, intellectual capital has no effect on firm value, corporate social responsibility has no effect on financial performance, good corporate governance has no effect on financial performance, and intellectual capital effect on Financial Performance.
The Effect of Financial Literacy, Minimum Investment Capital and Investment Motivation on Students' Interest to Invest in the Capital Market with an Understanding of Investment as a Moderating Variable
Aisyah Sayyidah Khansa;
Wiwit Hariyanto
Academia Open Vol 5 (2021): December
Publisher : Universitas Muhammadiyah Sidoarjo
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (1210.045 KB)
|
DOI: 10.21070/acopen.5.2021.2499
This study aims to determine the effect of moderating variables on Understanding Investment in Financial Literacy, Minimum Investment Capital and Investment Motivation on Student Interest to Invest in the Capital Market. The sample in this study was 100 respondents by distributing 100 questionnaires to Accounting Students, UMSIDA. By using data analysis techniques in the form of Outer Model for testing the validity and reliability of the data and Inner Model for hypothesis testing, using the SmartPLS version 3.0 application. The results in this study prove that Financial Literacy and Minimum Investment Capital cannot be moderated by Investment Understanding on Student Interest to Invest in the Capital Market. This is different from Investment Motivation which can be moderated by Investment Understanding. So that it can strengthen the relationship between Investment Motivation and Student Interest to Invest in the Capital Market.
Islamic Financial Bank Performance in Indonesia and Malaysia
Sarwenda Biduri;
Wiwit Hariyanto;
Sigit Hermawan;
Endra Wahyu Nindiyah
IQTISHODUNA: Jurnal Ekonomi Islam Vol 11 No 1 (2022): April
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (881.702 KB)
|
DOI: 10.54471/iqtishoduna.v11i1.1491
The increasing popularity of Islamic banks with the opening of various Islamic banks, both independent and as one of the long-established subsidiaries of conventional banks, seems to show that the banking industry, which applies Sharia principles in every business step, promises profitable business expansion opportunities. The purpose of this study is to compare the financial performance of Islamic commercial banks that were established in Indonesia and Malaysia in the 2016 – 2018 period using general financial ratios, namely the ratio of CAR, ROA, FDR and Total Asset Turnover. The research sample was taken by purposive sampling. The data obtained were analyzed by descriptive statistical methods to see the overall performance of banks both within and between countries, then the independent sample t test was used to see the significance of the differences in the performance of each type of banking industry in each country, both in Indonesia and Malaysia. This study shows that the financial performance of Islamic commercial banks in Indonesia and Malaysia has significant differences.
Keterkaitan The Resources Based Theory dengan Intellectual Capital Disclosure, Implementasi Pada Website, dan Respon Manajemen Perguruan Tinggi
Sigit Hermawan;
Wiwit Hariyanto;
Sriyono Sriyono;
Niko Fediyanto
Jati: Jurnal Akuntansi Terapan Indonesia JATI Vol 3, No 2: October 2020
Publisher : Universitas Muhammadiyah Yogyakarta
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.18196/jati.030227
Tujuan penelitian ini adalah menguraikan keterkaitan resources-based theory dengan intellectual capital disclosure (ICD), pengimplementasian ICD pada website dan menguraikan respon wakil rektor dan kepala unit terkait. Metode penelitian ini adalah kualitatif deskriptif yang menggambarkan penerapan ICD pada empat website direktorat dan satu program studi. Kesimpulan penelitian adalah the resources based theory sangat terkait dengan ICD. Untuk implementasi ICD pada website direktorat di UMSIDA adalah ada beberapa item yang sudah ada di website tersebut dan ada beberapa yang baru diterapkan berdasarkan ICD. Respon semua wakil rektor dan kepala unit kerja mendukung implementasi ICD ini dan memang itulah yang dibutuhkan saat ini oleh website UMSIDA. Implikasi dari penelitian ini adalah manajemen perguruan tinggi harus mampu mengembangkan website yang dimiliki untuk peningkatan kinerja, media promosi, dan image building.
ANALISIS PERSEPSI AKADEMISI DAN PRAKTISI TERHADAP FRAUD SERTA PERAN WHISTLEBLOWING SEBAGAI UPAYA PENCEGAHAN DAN PENDETEKSIAN FRAUD
Wiwit Hariyanto
GREENOMIKA Vol. 4 No. 1 (2022): GREENOMIKA
Publisher : Universitas Nahdlatul Ulama Sidoarjo
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.55732/unu.gnk.2022.04.1.6
The purpose of this study was to examine more deeply how the perception of academics (professors and students) and practitioners of the accounting practices of fraud as well as the role of whistleblowing for prevention and detection of fraud. This type of research is using qualitative methods using natural setting that aims to describe the circumstances (phenomenon) that happens. The data analysistechnique used is data collection, data reduction, a data display and conclusion drawing/ verifying. Based on the results of research and discussion concluded that the perception of academics (professors and students) accounting and practitioners are almost entirely have to have a good understanding of fraud and whisleblowing for prevention and detection of fraud. This indicates that of University of Muhammadiyah Sidoarjo has the potential to become a whisleblower and for PT. PG Candi Baru shows that this company has the potential to further improve good governance in the public sector because with a good understanding of these conditions, the potential for the occurrence of acts of fraud will getting smaller
Analysis of Accounting Information Systems in Islamic Perspective
Divya Prihatiningrum;
Wiwit Hariyanto
Indonesian Journal of Islamic Studies Vol 3 (2021): February
Publisher : Universitas Muhammadiyah Sidoarjo
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (3687.525 KB)
|
DOI: 10.21070/ijis.v3i0.1579
SIA (Accounting Information System) is a system that collects, stores, and processes financial and accounting data used by decision makers. The purpose of this study was to determine the accounting system in the Islamic perspective at the Syariah Bank branch of BNI Syariah Jalan Gajah Mada no. 179, Panjunan Bulusidokare Sidoarjo in accordance with Islam and to find out the accounting system at the Sharia Bank branch of BNI Syariah Jalan Gajah Mada no. 179, Panjunan Bulusidokare Sidoarjo in accordance with Islam. This study uses a qualitative approach. The method used in this research is descriptive method. The data source used in this study is the primary data source obtained from BNI Syariah Sidoarjo branch. While the secondary data sources were obtained from direct interviews with BNI Syariah employees. While the data collection methods used are observation, interviews, and documentation. Furthermore, the data analysis techniques used are data collection, data reduction, and data verification. The results of the study note that the accounting information system in the Islamic perspective at BNI Syariah is the activities of recording, collecting, collecting funds and distributing funds using sharia principles contained in Islamic values.
Stock Split Impact: Analyzing Price and Return Changes in the Capital Market
Inka Ayu Suhartini;
Wiwit Hariyanto
Academia Open Vol 7 (2022): December
Publisher : Universitas Muhammadiyah Sidoarjo
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (5993.499 KB)
|
DOI: 10.21070/acopen.7.2022.3305
This study investigates the effect of stock splits on stock prices and stock returns in the capital market. Drawing from the trading range theory and signaling theory, the research analyzes daily data over a five-year period (2015-2020) for 31 purposively sampled companies. The analytical methods employed include descriptive statistics, normality tests, and paired sample t-tests. The findings reveal significant differences in both stock prices and stock returns before and after stock splits. The results emphasize the significance of stock splits as a potential catalyst for financial changes in the market, holding implications for investors and market participants in their decision-making processes. Highlights: The study analyzes the impact of stock splits on stock prices and returns in the capital market. The research focuses on the trading range theory and its implications for stock splits. The findings highlight significant differences in stock prices and returns before and after stock splits, emphasizing the financial effects of these events in the market. Keywords: stock split, stock prices, stock returns, capital market, trading range theory.
The Use of E-Gov Through the Village Financial Information System (Siskeudes) and the Village Information System (SID) as a Means of Transparency of Financial Planning and Management in Sidoarjo Regency
Rini Nofita;
Wiwit Hariyanto
Indonesian Journal of Cultural and Community Development Vol 11 (2022): March
Publisher : Universitas Muhammadiyah Sidoarjo
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (3509.779 KB)
|
DOI: 10.21070/ijccd2022795
This research is to find out how the use of E-Gov in planning through the village financial information system (Siskeudes) and the village information system (SID) in the Tanggulangin district, To find out how the use of E-Gov in financial management through the village financial information system (Siskeudes) and the Village information (SID) in the Tanggulangin district and to find out the level of financial transparency by using E-Gov through the village financial information system (Siskeudes) and village information system (SID) in the Tanggulangin district. In this study, researchers used qualitative methods. The informants in this study were the sub-district head, the head of the sub-district administration and the village treasurer. Data collection techniques used are interviews, observation and documentation. In this study, the triangulation used is source triangulation. Source triangulation means comparing by re-checking the degree of trust of an informant obtained through different sources. The village financial system (Siskeudes) and the village information system (SID) are applications of e-gov or e-government in the field of financial planning and management. The village financial management process is the entire activity that includes planning, budgeting, administration, accountability and supervision of village finances. All of these processes were initially carried out manually until the central government required the use of the village financial system (Siskeudes) and the village information system (SID). With these two systems that can be accessed online, village financial planning and management can be carried out better, because the financial management process becomes more timely, accurate and has a high level of transparency. The two systems (Siskeudes and SID) play an important role in financial management. The village financial information system (Siskeudes) is the center or heart of village financial management, while SID is a means for financial transparency to the community.
Islamic Financial Bank Performance in Indonesia and Malaysia
Sarwenda Biduri;
Wiwit Hariyanto;
Sigit Hermawan;
Endra Wahyu Nindiyah
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 11 No. 1 (2022): April
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
Full PDF (881.702 KB)
|
DOI: 10.54471/iqtishoduna.v11i1.1491
The increasing popularity of Islamic banks with the opening of various Islamic banks, both independent and as one of the long-established subsidiaries of conventional banks, seems to show that the banking industry, which applies Sharia principles in every business step, promises profitable business expansion opportunities. The purpose of this study is to compare the financial performance of Islamic commercial banks that were established in Indonesia and Malaysia in the 2016 – 2018 period using general financial ratios, namely the ratio of CAR, ROA, FDR and Total Asset Turnover. The research sample was taken by purposive sampling. The data obtained were analyzed by descriptive statistical methods to see the overall performance of banks both within and between countries, then the independent sample t test was used to see the significance of the differences in the performance of each type of banking industry in each country, both in Indonesia and Malaysia. This study shows that the financial performance of Islamic commercial banks in Indonesia and Malaysia has significant differences.