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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.
Analisis Pengaruh Transparansi dan Akuntabilitas terhadap Kepercayaan Publik Karneji Sumarlin Bucika Sormin; Syahyunan; Rina br. Bukit
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 6 No. 5 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i5.1389

Abstract

This research aims to analyze the influence of transparency and accountability on public trust in financial management in the church (a case study on the GKPI Special Congregation Sidorame). The research method used is quantitative with a descriptive approach to determine the extent of the influence of independent variables on dependent variables. The population in this study is the congregation of GKPI Special Congregation Sidorame, and the sample determination technique uses simple random sampling. The data source used is primary data collected through a questionnaire. Data analysis is conducted through descriptive analysis, research instrument test, classical assumption test, multiple linear regression analysis, and hypothesis testing using SPSS version 27. The results of the study explain that (1) transparency has a positive and significant effect on public trust, (2) accountability has a positive and significant effect on public trust, and (3) transparency and accountability simultaneously have a positive and significant effect on public trust.
PROMOTION STRATEGY AND WORD OF MOUTH ON PURCHASE DECISIONS WITH BRAND AWARENESS AS A MODERATING VARIABLE ON BEZZIE MINI SOCCER Al Hilal Akbar Ferdynanda; Endang Sulistya Rini; Syahyunan
International Journal of Educational Review, Law And Social Sciences (IJERLAS) Vol. 5 No. 6 (2025)
Publisher : CV. RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/ijerlas.v5i6.4964

Abstract

This study aims to analyze the influence of promotional strategies and word of mouth on purchase decisions, with brand awareness as a moderating variable at Bezzie Mini Soccer. Competition in the sports industry, particularly in mini soccer field rentals, is becoming increasingly intense, requiring effective marketing strategies to sustain and enhance consumer purchasing decisions. The research adopts a quantitative approach through a survey method involving 85 respondents who have previously used Bezzie Mini Soccer's services. The data analysis technique employed is Structural Equation Modeling – Partial Least Square (SEM-PLS). The results indicate that both promotional strategies and word of mouth have a positive and significant effect on purchase decisions. Brand awareness also significantly influences purchase decisions and moderates the relationship between promotional strategies and word of mouth with purchase decisions. These findings highlight the importance of consistent promotion, positive recommendations, and strong brand awareness in shaping consumer purchasing behavior.
THE EFFECT OF CAPITAL STRUCTURE AND MANAGERIAL OWNERSHIP ON COMPANY VALUE THROUGH FINANCIAL PERFORMANCE IN THE FOOD & BEVERAGE SUB-SECTOR ON THE INDONESIA STOCK EXCHANGE Muhammad Arif; Nisrul Irawati; Syahyunan
Journal of Accounting Research, Utility Finance and Digital Assets Vol. 4 No. 3 (2026): January
Publisher : PT. Radja Intercontinental Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/jaruda.v4i3.288

Abstract

Abstract The food and beverage industry is a strategic sector that plays an important role in the national economy and attracts considerable attention from investors in the capital market. Firm value reflects market perceptions of a company’s performance and prospects, which are influenced by capital structure, managerial ownership, and financial performance. This study aims to analyze the effect of capital structure and managerial ownership on firm value, the effect of financial performance on firm value, as well as the role of financial performance as an intervening variable in food and beverage sub-sector companies listed on the Indonesia Stock Exchange during the 2020–2024 period. This research employs a quantitative approach using secondary data from 13 companies with a total of 65 observations, analyzed using the Structural Equation Modeling–Partial Least Squares (SEM-PLS) method. The results show that capital structure has a positive and significant effect on firm value, managerial ownership has a positive and significant effect on firm value, and financial performance has a positive and significant effect on firm value. In addition, capital structure and managerial ownership are found to have a negative and significant effect on financial performance. Furthermore, financial performance is able to mediate the effect of capital structure on firm value as well as the effect of managerial ownership on firm value. These findings indicate that financing decisions and managerial ownership mechanisms not only have a direct impact on firm value but also operate through financial performance as a channel of influence. Therefore, optimal capital structure management and enhanced effectiveness of managerial ownership are important factors in improving firm value in a sustainable manner.
The Effect Of Stock Price Volatility, Stock Trading Volume And Market Capitalization On Stock Returns With The Moderation Of The Company's Reputation In Banking Sector Companies That Listed On The Indonesia Stock Exchange Ajmilia , Qori Fadla; Irawati, Nisrul; Syahyunan
Journal of Business Management Vol. 3 No. 3 (2026): April (In Progress)
Publisher : Indonesian Journal Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47134/jobm.v3i3.179

Abstract

This study aims to analyze the influence of stock price volatility, trading volume, and market capitalization on stock returns in banking companies listed on the Indonesia Stock Exchange during the 2019–2023 period. In addition, this study also examines the role of company reputation as a moderation variable. The research sample was determined using the purposive sampling technique, so that 22 companies were obtained as a research sample. The analysis method used in this study is Moderate Regression Analysis (MRA). The results of the study show that stock price volatility has a positive and significant effect on stock returns, stock trading volume has a negative but insignificant effect on stock returns. In addition, market capitalization has a negative but not significant effect on stock returns. Other results show that the company's reputation moderates the effect of stock price volatility on stock returns negatively and significantly, then the company's reputation does not moderate the effect of stock trading volume on stock returns positively and significantly, and the company's reputation also does not moderate the effect of market capitalization on returns stocks negatively and significantly. These findings imply that the management of stock price volatility and the development of a company's reputation need to be considered strategically in order to increase stock returns, while trading volume and market capitalization require a more comprehensive analytical approach in investment decision-making in banking companies
The Influence of Carbon Emission Disclosure, Corporate Social Responsibility, and Corporate Governance on Firm Value with Financial Flexibility as a Moderating Variable in the SRI-KEHATI Index Khairani , Dita Fatimah; Sadalia, Isfenti; Syahyunan
Journal of Business Management Vol. 3 No. 3 (2026): April (In Progress)
Publisher : Indonesian Journal Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47134/jobm.v3i3.186

Abstract

This study aims to analyze the effect of carbon emission disclosure, corporate social responsibility, and corporate governance on company value in the SRI-KEHATI Index during the period 2019-2023. In addition, this study also examines financial flexibility as a moderating variable in the relationship between carbon emission coverage, corporate social responsibility, and corporate governance. The research sample was determined using a purposive sampling technique, resulting in 19 companies as research samples. The analytical method used in this study is Moderate Regression Analysis (MRA). The results show that carbon emission disclosure has a negative and insignificant effect on company value, corporate social responsibility has a positive and insignificant effect on company value, and corporate governance has a positive and insignificant effect on company value. In addition, financial flexibility moderates the effect of carbon emission disclosure on company value positively and significantly. Other results show that financial flexibility moderates the effect of carbon emitting disclosure on company value positively and significantly, and moderates the effect of corporate governance on company value positively but not significantly. These findings provide an important contribution to the literature on the factors determining firm value, particularly for companies included in the SRI-KEHATI Index. They also provide a basis for management in developing strategies for freezing and unfreezing financial statements to enhance firm value.