Desmiza
Universitas Jenderal Achmad Yani

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Determinan Risiko Pembiayaan Bagi Hasil Pada Bank Umum Syariah di Indonesia Rosmini Ramli; Desmiza
Al-Mashrafiyah (Jurnal Ekonomi, Keuangan dan Perbankan Syariah) Vol 6 No 2 (2022): Oktober
Publisher : Universitas Islam Negeri Alauddin Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24252/al-mashrafiyah.v6i2.31847

Abstract

This study aims to determine the effect of bank-specific and macroeconomic factors on financing risk for Islamic Commercial Banks. The financing risk in the previous study focused more on the overall financing risk involving the bank's internal and macroeconomic aspects, either separately or together. There is still limited research that examines financing specifically, both the use of these two factors separately or together, especially on the risk of profit-sharing financing. This study will complement the literature on the above issues. This study uses quantitative methods with panel data regression analysis using quarterly financial ratio data from Islamic Commercial Banks in Indonesia for the period 2012-2020. The results showed that the dominant bank-specific factor influenced the risk of profit-sharing financing, while the macroeconomic factor was only inflation which showed a significant effect.
The Influence of Managerial Ownership, Capital Structure, Dividend Policy and Company Size on Company Value (Study on Sri-Kehati Index in 2020-2024) Fairus Aulia Azzahra Hadian; Desmiza
Moneta : Journal of Economics and Finance Vol. 4 No. 3 (2026): July 2026
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/moneta.v4i3.1373

Abstract

This research intends to dissect the correlations between firm value and factors such as managerial ownership, capital structure, dividend policy, and company’s size. For the years 2020–2024, this study looks at ten different firms that make up the SRI-KEHATI index, which represents companies with strong sustainability and ethical considerations in the Indonesian capital market. The data used is secondary data obtained from annual reports and financial statements published by companies and the Indonesia Stock Exchange. Panel data regression is the process put into play for the analysis, with the estimation conducted using the Random Effects Model (REM). The results of the study show that managerial ownership and size have a positive impact on the Tobin’s Q, meanwhile the debt to equity ratio and dividend payout ratio do not affect Tobin's Q. Simultaneously, managerial ownership, capital structure, dividend policy, and company size affect the Tobin’s Q. These results show that regular financial choices don't have the same level of interest for investors as things that show a company's sustainability, long term prospects, and future growth potential.