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INFLUENCE OF FINANCIAL ATTITUDE AND FINANCIAL KNOWLEDGE ON FINANCIAL BEHAVIOR WITH LOCUS OFCONTROL AS AN INTERVENING VARIABLE Fran’s Gidion Sinuhaji; Isfenti Sadalia; Syahyunan
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 3 (2024): June
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i3.1624

Abstract

This study aims to determine the influence of Financial Attitude and Financial Knowledge on Financial behavior through Locus of Control as an intervening variable. This study is associative research and the type of data used is quantitative data. The Data used were obtained from primary data and secondary data. The method of analysis used is descriptive statistical analysis and structural equation modeling. Population and sample in this study amounted to 353 students of Methodist University of Indonesia with sampling technique used is purposive sampling. The results of this study showed that Financial Attitude has a positive and significant effect on Financial behavior in students of Methodist University Indonesia, Financial Attitude has a positive but insignificant effect on Locus of Control in students of Methodist University Indonesia, Financial Knowledge has a positive and significant effect on Financial behavior in students of Methodist University Indonesia, Financial Knowledge has a, Locus of Control has a positive and significant effect on Financial behavior in students of Methodist University of Indonesia, Locus of Cotrol is not able to mediate the relationship of Financial Attitude to Financial behavior but is able to mediate the influence of Financial Knowledge on Financial behavior.
FINANCIAL WELL-BEING OF CIVIL SERVANT IN INDONESIA: THE ROLE OF FINANCIAL BEHAVIOR Elimar Sinaga; Khaira Amalia Fachrudin; Syahyunan
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 3 (2024): June
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i3.1633

Abstract

Financial well-being is an important part that individuals must achieve to improve the quality of life and performance in the organization. For organizations, financial well-being can increase a positive brand image and create trust and then at the macro level, financial well-being is very important for sustainable development goals. However, achieving financial well-being is still a challenge for both the government and organizational leaders. The aim of this research is to analyze the factors that influence financial well-being through financial behavior of civil servants in one organizational unit in Indonesia. This research examined 240 civil servants in one organizational unit in Indonesia who were selected using Proportionate Stratified Random Sampling techniques and tested using the PLS SEM statistical analysis method. This research uses a confidence level of 95%, ???? = 5%. The research results show that financial literacy factors and attitudes towards money have a positive and significant impact on financial well-being. Meanwhile, internal locus of control has an insignificant positive impact on financial well-being and financial socialization has an insignificant negative impact on financial well-being. The factors of financial literacy, internal locus of control, and financial socialization have a positive and significant effect on financial behavior. Meanwhile, attitudes towards money have an insignificant positive impact on financial behavior. Financial behavior successfully mediates the influence of financial literacy, internal locus of control, and financial socialization on financial well-being. However, financial behavior did not succeed in mediating the influence of attitudes towards money on financial well-being.
ANALYSIS OF THE EFFECTS OF FINANCIAL LITERACY, FINANCIAL TECHNOLOGY, AND SOCIAL CAPITAL ON PERFORMANCE US MSMEs THROUGH FINANCIAL INCLUSION INTERVENING VARIABLES (Case Study of MSMEs in Medan Marelan District) Nia Dwi Syafira; Syahyunan; Rina Br. Bukit
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 3 (2024): June
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i3.1662

Abstract

This study aims to analyze the influence of financial literacy, financial technology and social capital on the performance of MSMEs through financial inclusion as an intervening variable (case study of MSMEs in Medan Marelan District). Associative type of research. The population of this study were all culinary SMEs in Medan Marelan District. Sampling used the proportional stratified random sampling method of 170 respondents. Data processing uses Smart PLS 3. The research results show that financial literacy has a positive and significant effect on the performance of MSMEs, financial technology has a positive and significant effect on the performance of MSMEs, social capital has a positive and significant effect on the performance of MSMEs, financial inclusion has a positive and significant effect on the performance of MSMEs. The research results also state that financial literacy has a positive and significant effect on financial inclusion, financial technology has a positive and significant effect on financial inclusion, social capital has a positive and significant effect on financial inclusion. As well as the research results that financial inclusion mediates the influence of financial literacy on the performance of MSMEs, financial inclusion mediates the influence of financial technology on the performance of MSMEs and financial inclusion mediates the influence of social capital on the performance of MSMEs.
ANALYSIS OF FACTORS AFFECTING STOCK PRICES WITH MANAGERIAL OWNERSHIP AS A MODERATING VARIABLE IN INDUSTRIALS SECTOR MANUFACTURING COMPANIES LISTED ON THE STOCK EXCHANGE INDONESIA PERIOD 2018-2022 Edi Santana Putra; Nisrul Irawati; Syahyunan
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 4 (2024): August
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i4.1755

Abstract

This research aims to examine the influence of Debt to Equity Ratio, Net Profit Margin, Return on Equity, Earning per Share, Return on Assets and Rupiah Exchange rate on share prices with Managerial Ownership as a Moderating variable in Industrial sector manufacturing companies listed on the Indonesian Stock Exchange.The research carried out is a type of causal associative research. This research was conducted at the Indonesian Stock Exchange, North Sumatra Representative, Jalan Ir. H. Juanda Baru No. A5-A6, Medan. North Sumatra. The observation period starts from 2018-2022, secondary data collection for this research was carried out by looking at each company's annual report on the websitewww.idx.co.id. September 2023 was chosen by researchers as the research time period. The population used in this research is industrial manufacturing companies listed consecutively on the IDX with the observation year 2018-2022, namely 56 companies. According to these criteria, it can be seen that the number of samples used in this research was 20 companies. So the number of observations in this research is: 5 years x 20 samples = 100 observation data. With the results, DER has a negative and insignificant effect on share prices in Industrials Sector Manufacturing Companies listed on the Indonesia Stock Exchange. NPM has a negative and insignificant effect on Share Prices in Industrials Sector Manufacturing Companies listed on the Indonesia Stock Exchange. ROE has a negative and insignificant effect on share prices in industrial manufacturing companies listed on the Indonesian Stock Exchange. EPS has a negative and insignificant effect on share prices in industrial manufacturing companies listed on the Indonesian Stock Exchange. ROA has a positive and significant influence on share prices in industrial manufacturing companies listed on the Indonesian Stock Exchange. The Rupiah exchange rate has a negative and insignificant effect on share prices in industrial manufacturing companies listed on the Indonesian Stock Exchange. Managerial Ownership has a positive and insignificant effect on Share Prices in Industrial Sector Manufacturing Companies listed on the Indonesian Stock Exchange. Managerial ownership is unable to moderate the influence of DER on share prices in industrial manufacturing companies listed on the Indonesian Stock Exchange. Managerial Ownership is unable to moderate the influence of NPM on Share Prices in Industrial Sector Manufacturing Companies listed on the Indonesia Stock Exchange. Managerial Ownership is able to moderate the influence of ROE on Share Prices in Industrial Sector Manufacturing Companies listed on the Indonesia Stock Exchange. Managerial Ownership is able to moderate the influence of EPS on Share Prices in Industrial Sector Manufacturing Companies listed on the Indonesia Stock Exchange. Managerial Ownership is able to moderate the influence of ROA on Share Prices in Industrial Sector Manufacturing Companies listed on the Indonesia Stock Exchange. Managerial Ownership is unable to moderate the influence of the Rupiah Exchange Rate on Share Prices in Industrial Sector Manufacturing Companies listed on the Indonesia Stock Exchange
EFFECTIVENESS OF RECEIVABLES MANAGEMENT AT PT XYZ Nico Gilbert Nathaniel Siagian; Syahyunan; Nisrul Irawati
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 5 (2024): October
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i5.2098

Abstract

Accounts receivable is commonly both the largest part of current assets and the total assets of the company. Therefore, the implementation of internal control of accounts receivable is very crucial. Accounts receivable are bills made related to either sales and services or the sale of other assets. The higher the sales volume, the greater the profit obtained. This is descriptive qualitative research which was conducted not to test a hypothesis, but describe the management of receivables at PT Kawasan Industri Medan Member of Danareksa. The research results indicate that an effective management of receivables is done by accelerating the delivery of invoices and completeness of billing documents as well as providing an easy payment process. These are the important keys in accelerating the payment of industrial tenants so that it will accelerate the cash flow, minimize uncollectible accounts and create a neat record of receivables between PT Kawasan Industri Medan Member of Danareksa and industrial tenants.
THE EFFECT OF FINANCIAL AND NON-FINANCIAL FACTORS ON THE LEVEL OF UNDERPRICING AND OVERPRICING IN INITIAL CONDUCTING COMPANIESPUBLIC OFFERINGS ON THE INDONESIA STOCK EXCHANGE IN 2019-2022 Irgi Adyatma Fahrezy; Khaira Amalia Fachruddin; Syahyunan
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 4 No. 6 (2024): December
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijebas.v4i6.2539

Abstract

The number of public companies in Indonesia are 898 companies and as many as 213 or 23.7 percent of these companies conducted Initial Public Offerings (IPOs) in the 2019 – 2022 period, as many as 187 companies experienced underpricing and 26 companies experienced overpricing on the first day of listing on the stock exchange. This makes Indonesia one of the countries with the most active IPO market in the respective period. The purpose of this study is to find out the factors that affect the level of underpricing and overpricing, such as financial and non-financial factors. The sample of this study is all IPO companies in the period 2019 – 2022 with a mix research method by conducting quantitative data analysis through secondary data from the Indonesia Stock Exchange (IDX) and qualitative data analysis with intensive interviews with 3 actor informants on the IPO stock exchange. The results of this study are that the size of the company and the inflation rate have a negative and significant effect on underpricing, with proceed and hot issue having a positive and significant effect on overpricing with the age of the company having a significant negative effect on overpricing, other variables return on assets, current ratio, proceed, Underwriter reputation, investor sentiment, hot issues, company age do not have a significant effect on underpricing as well as return on assets, current ratio, company size, underwriter reputation, inflation rate, investor sentiment do not have a significant effect on overpricing.