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Assessing Companies Through CSR and Profitability in Manufacturing Sector Companies in Indonesia Hisar Sirait; Rita Eka Setianingsih; Erna Sari; Sylvia Sari Rosalina; Supriyanto
International Journal of Science and Society Vol 4 No 3 (2022): International Journal of Science and Society (IJSOC)
Publisher : GoAcademica Research & Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54783/ijsoc.v4i3.519

Abstract

The purpose of this study is to examine the impact of Corporate Social Responsibility (CSR) on company value, with profitability as a moderating variable, for manufacturing sector firms listed on the Indonesia Stock Exchange during the period 2015-2019. This study employs quantitative methodologies, such as testing numerical data and statistical tests. The population of this study consists of all Indonesia Stock Exchange-listed manufacturing firms (IDX). This study uses a strategy of purposive sampling based on specific criteria to acquire representative data from 26 companies. Through the website www.idx.co.id, secondary company data in the form of financial reports and annual reports of manufacturing businesses listed on the Indonesia Stock Exchange are collected. The results of previous study indicate that CSR has a positive and considerable impact on the value of a company. Profitability has a favorable and substantial effect on the value of a company. Profitability can moderate the correlation between CSR and enterprise value. This demonstrates that the degree of company earnings can improve the link between corporate social responsibility and firm value.
MSMEs Digitalization: The Future Economic Ecosystem After the Covid-19 Era Hisar Sirait; Rizqy Aziz Basuki; Sylvia Sari Rosalina; Supriyanto Supriyanto; Erna Sari
Wacana Journal of Social and Humanity Studies Vol. 25 No. 4 (2022)
Publisher : Sekolah Pascasarjana Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.wacana.2022.025.04.03

Abstract

In Indonesia, for the last 5 years before the Covid-19 pandemic, MSMEs had a significant role in the economy, where MSMEs contributed an average of 57.8 percent to GDP, 97% absorbed labor, and were able to create 90% of jobs. During the Covid-19 pandemic, the role of MSMEs in the national economy has decreased; MSMEs only contributed 37.3 percent to GDP. Digitizing MSMEs is necessary to survive and develop in the era of the covid 19 pandemic. MSMEs need to be facilitated to go digital and go global. This research examined the future of the economic ecosystem after the covid-19 era in Indonesia. This research used a literature review by analyzing and summarizing selected articles with the same or related topics to MSMEs' digitalization. The results of this research showed that Optimizing MSME digitalization is inseparable from the ability of MSME actors to carry out digital marketing strategies to expand their business marketing network. Second, another aspect that is no less important that MSMEs must pay attention to in utilizing the digital ecosystem is branding, which is defined as introducing products to consumers to enlarge and build a brand from the benefits of these products, and MSMEs must be able to utilize social media such as Facebook, Instagram or Tiktok as promotion and sales channels. Keywords: MSME’s, digitalization, covid-19, economic
Exploration of Enterprise Risk: An Analysis of Financial Leverage, Intangible Assets, and Earnings Management Practices. Sari, Erna; Sirait, Hisar; Basuki, Rizqy Aziz; Setyaningsih, Ratih Nur; Ramli, Rahmat
Widya Cipta: Jurnal Sekretari dan Manajemen Vol 9, No 1 (2025): March
Publisher : Universitas Bina Sarana Informatika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31294/widyacipta.v9i1.12392

Abstract

This research project aims to investigate the impact of financial leverage, intangible assets, and earnings management on corporate risk within the manufacturing sector. The principal objective is to comprehend the manner in which these variables interact and exert influence on the overall risk profile of companies within this pivotal economic sector. Quantitative research methodology, utilizing secondary data sourced from the Indonesia Stock Exchange. The data collection process entails the documentation of financial reports and pertinent metrics, thereby facilitating a comprehensive analysis of the relationships between the identified variables. The application of statistical analysis techniques allows for the assessment of the significance and strength of these relationships, thereby providing insights into the dynamics of corporate risk management. The findings demonstrate that elevated financial leverage is linked to augmented financial risk, as organizations with substantial debt burdens encounter heightened difficulties in fulfilling their obligations during economic downturns. Furthermore, the existence of intangible assets, while potentially advantageous for growth, also introduces an element of uncertainty that can have a detrimental impact on corporate risk. Furthermore, the findings indicate that earnings management practices can distort the accurate representation of a company's financial health, leading to misinformed decision-making by stakeholders. In conclusion, the research highlights the significance of comprehending the interrelationship between financial leverage, intangible assets, and earnings management in the context of corporate risk mitigation. The insights gained from this study can assist management in making informed strategic decisions, thereby enhancing the resilience and sustainability of manufacturing firms in the face of economic challenges.