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Pengaruh Aksi Boikot terhadap Perubahan Harga Saham, Trading Volume, dan Penjualan pada Perusahaan Berafiliasi dengan Israel yang Terdaftar di BEI Sri Natalia Maharani Br Sinulingga; Usep Syaipudin
Jurnal Ekonomi, Akuntansi, dan Perpajakan Vol. 2 No. 3 (2025): Agustus : Jurnal Ekonomi, Akuntansi, dan Perpajakan (JEAP)
Publisher : Asosiasi Riset Ekonomi dan Akuntansi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/jeap.v2i3.1286

Abstract

This study examines the impact of boycott actions on changes in company performance, including stock prices, trading volume, and sales, among Israel-affiliated companies listed on the Indonesia Stock Exchange (IDX) in 2023. Using an event study method with a 60-day observation window (H-30 to H+30), the research found a significant decrease in stock price, changes in trading activity, and varying effects on sales. The findings indicate that boycotts, as social movements, can influence market sentiment and investor decisions, especially under the backdrop of global political conflicts.
Pengaruh Biaya Lingkungan dan Kinerja Lingkungan Terhadap Nilai Perusahaan Bella Anggriani; Usep Syaipudin
EKONOMIKA45 :  Jurnal Ilmiah Manajemen, Ekonomi Bisnis, Kewirausahaan Vol. 12 No. 2 (2025): Juni: Jurnal Ilmiah Manajemen, Ekonomi Bisnis, Kewirausahaan
Publisher : Fakultas Ekonomi Universitas 45 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30640/ekonomika45.v12i2.4422

Abstract

This research is motivated by increasing public attention to environmental issues, especially in the manufacturing sector which has great potential to pollute the environment. This study aims to analyze the effect of environmental costs and environmental performance on the value of manufacturing companies listed on the IDX and participating in the KLHK PROPER program in the 2020-2023 period. This quantitative research uses secondary data from the company’s annual report, PROPER report, and IDX. The sample was determined by purposive sampling and consisted of 30 companies. The independent variables are environmental costs and environmental performance, with firm value as the dependent variable measured through Tobin’s Q ratio. Control variables include profitability, firm size, and firm age. The data analysis technique uses the SPSS version 25 tool with descriptive statistical tests, classical assumption tests, and hypothesis testing. The results showed that environmental performance has a positive and significant effect on firm value, while environmental costs have no significant effect. This means that firm value is more influenced by environmental performance than the amount of costs incurred for these activities.
Pengaruh Profitabilitas, Likuiditas, dan Pertumbuhan Perusahaan Terhadap Struktur Modal: Studi pada Perusahaan Food and Beverage yang Go Public di Bursa Efek Indonesia Periode 2020 – 2023 Theresita Angela Zita Dewi; Usep Syaipudin
EKONOMIKA45 :  Jurnal Ilmiah Manajemen, Ekonomi Bisnis, Kewirausahaan Vol. 12 No. 2 (2025): Juni: Jurnal Ilmiah Manajemen, Ekonomi Bisnis, Kewirausahaan
Publisher : Fakultas Ekonomi Universitas 45 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30640/ekonomika45.v12i2.4483

Abstract

An optimal capital structure is a crucial factor in maintaining financial stability and supporting business growth, particularly in the dynamic food and beverage sector. This study aims to analyze the influence of profitability, liquidity, and company growth on the capital structure of food and beverage companies listed on the Indonesia Stock Exchange during the period 2020–2023. This quantitative research uses secondary data obtained from the Indonesia Capital Market Directory. The sample consists of 71 companies selected using purposive sampling. Data were analyzed using multiple linear regression, supported by classical assumption tests to ensure the validity of the results. The findings reveal that profitability has a negative but insignificant impact on capital structure, while liquidity and company growth have significant negative impacts. These results indicate that higher profitability, liquidity, and growth tend to reduce the reliance on external financing. The implications of this study provide insights for companies in formulating effective financing strategies and offer important considerations for investors in evaluating the risks and investment opportunities in this sector.
Pengaruh Struktur Modal dan Pengungkapan Corporate Social Responsibility (CSR) terhadap Kinerja Keuangan Perusahaan Industri (Sektor C) yang Terdaftar di BEI Tahun 2021-2023 Januar Panjaitan; Usep Syaipudin; Ade Widiyanti
Jurnal Mutiara Ilmu Akuntansi Vol. 3 No. 4 (2025): Oktober: Jurnal Mutiara Ilmu Akuntansi
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jumia.v3i4.4147

Abstract

This study aims to analyze the effect of capital structure and Corporate Social Responsibility (CSR) disclosure on the financial performance of industrial sector C IDX-IC companies listed on the Indonesia Stock Exchange during 2021–2023. Capital structure is proxied by the ratio of long-term debt to equity, while financial performance is measured using Return on Assets (ROA). A quantitative approach with multiple linear regression analysis was employed, and the sample was selected using purposive sampling. The results reveal that capital structure has a significant positive effect on ROA, whereas CSR disclosure has a significant negative effect on ROA. These findings suggest that strategic use of long-term debt can enhance profitability, while the costs and commitments arising from CSR disclosure may reduce financial performance. The study implies that company management should optimize capital structure and carefully balance sustainability strategies through CSR disclosure to avoid diminishing profitability.