This Author published in this journals
All Journal Maksimum : Media Akuntansi Universitas Muhammadiyah Semarang IMAGE STRATEGIC Journal of Business Management Education (JBME) Jurnal Manajemen & Keuangan JURNAL MANAJEMEN Jurnal ASET (Akuntansi Riset) Jurnal Riset Akuntansi dan Keuangan Fokus Ekonomi Ekono Insentif IKRA-ITH EKONOMIKA EQIEN - JURNAL EKONOMI DAN BISNIS Jurnal Pendidikan Akuntansi dan Keuangan Jurnal Akuntansi Bisnis dan Ekonomi (JABE) DIKEMAS (Jurnal Pengabdian Kepada Masyarakat) Organum: Jurnal Saintifik Manajemen dan Akuntansi Jurnal Wacana Ekonomi JSMA (Jurnal Sains Manajemen dan Akuntansi) Jurnal Educatio FKIP UNMA Jurnal Ilmiah Akuntansi Kesatuan Cakrawala Repositori Imwi Equity: Jurnal Ekonomi Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) Didaktika: Jurnal Kependidikan Finansha: Journal of Sharia Financial Management International Journal of Finance Research International Journal of Research in Community Services Jurnal Akuntansi Bisnis Pelita Bangsa Jurnal Ekonomi Syariah Pelita Bangsa Jurnal Neraca Peradaban Share: Jurnal Ekonomi dan Keuangan Islam Journal of Islamic Economics and Business The Eastasouth Management and Business PEDADIDAKTIKA: Jurnal Ilmiah Pendidikan Guru Sekolah Dasar Al-Muraqabah: Journal of Management and Sharia Business Journal of Economics, Entrepreneurship, Management Business and Accounting West Science Accounting and Finance Jurnal Yudistira West Science Social and Humanities Studies IIJSE Fokus Bisnis: Media Pengkajian Manajemen dan Akuntansi International Journal of Management and Business Applied Conference Proceedings International Conference on Education Innovation and Social Science Jurnal Pendidikan Ilmu Sosial Mores: Jurnal Pendidikan Hukum, Politik dan Kewarganegaran Dinamika Pendidikan Atestasi : Jurnal Ilmiah Akuntansi Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah
Claim Missing Document
Check
Articles

Key Determinants in The Preservation of Bamboo Weaving in Mekarsari Village, Selaawi Subdistrict, Garut Regency Rawati, Fitrin; Purnamasari, Imas
Jurnal Wacana Ekonomi Vol 24 No 2 (2025): Jurnal Wacana Ekonomi
Publisher : Fakultas Ekonomi Universitas Garut

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52434/jwe.v24i2.42346

Abstract

The objective of this study is to identify and analyze the determinants, particularly the most dominant, in the preservation of bamboo weaving in Mekarsari Village, Selaawi Subdistrict. The research employs an exploratory factor analysis method. Data were collected through questionnaires administered to 112 bamboo weaving artisans in Mekarsari Village, Selaawi Subdistrict. Upon gathering the responses, validity, reliability, and exploratory factor analysis were conducted. The study’s findings revealed seven key determinants in the preservation of bamboo weaving in Mekarsari Village, Selaawi Subdistrict: Factor 1 (Cultural and Family Factors), Factor 2 (Economic Sustainability of Bamboo Weaving), Factor 3 (Market and Raw Material Stability), Factor 4 (Leisure Utilization and Cultural Relevance), Factor 5 (Innovation and Government Support), Factor 6 (Traditional Skills and Product Durability), and Factor 7 (Product Uniqueness). The most dominant determinant in the preservation of bamboo weaving in Mekarsari Village, Selaawi Subdistrict, is Factor 1 (Cultural and Family Factors).
Pengujian Model Black-Scholes dan Model Binomial pada Kontrak Opsi Saham NFLX Hanifa, Fanni Husnul; Supriatono Purnomo, Budi; Purnamasari, Imas; Shintia Dewi, Andrieta
Jurnal Manajemen dan Keuangan Vol 14 No 1 (2025): JURNAL MANAJEMEN DAN KEUANGAN
Publisher : Program Studi Manajemen Fakultas Ekonomi Universitas Samudra

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33059/jmk.v14i1.10705

Abstract

Investasi di pasar saham menghadirkan risiko dan peluang yang tinggi, termasuk dengan instrumen derivatif seperti opsi saham. Model matematika seperti Black-Scholes dan Binomial telah dikembangkan untuk menentukan harga opsi, namun keakuratan keduanya masih menjadi perdebatan, terutama untuk berbagai periode jatuh tempo. Penelitian ini memberikan wawasan tentang keakuratan model penentuan harga opsi yang berbeda berdasarkan periode jatuh tempo. Tujuan penelitian ini adalah untuk membandingkan keakuratan Model Black-Scholes dan Model Binomial dalam menentukan nilai opsi beli saham Netflix, Inc. (NFLX) berdasarkan volatilitas harga saham dan periode jatuh tempo (1 bulan, 2 bulan, dan 3 bulan). Penelitian menggunakan data opsi saham Netflix dari Januari hingga November 2024. Nilai opsi dihitung menggunakan kedua model, dengan evaluasi berdasarkan Price Absolute Error untuk masing-masing periode jatuh tempo. Hasil penelitian menunjukkan bahwa Model Black-Scholes lebih akurat untuk periode jatuh tempo 1 bulan, sementara Model Binomial lebih akurat untuk periode 2 dan 3 bulan. Hal ini terlihat dari nilai Price Absolute Error yang lebih kecil pada masing-masing model untuk periode tersebut. Temuan ini relevan untuk investor dalam memilih model yang sesuai untuk meminimalkan risiko investasi.
Bibliometric Analysis of Value at Risk in Islamic Portfolio: Trends, Gaps, and Future Directions Yulandri, Elsa; Heryana, Toni; Utama, Wahyudayanto; Nugraha; Waspada, Ikaputera; Purnamasari, Imas
Journal of Islamic Economics and Business Vol. 4 No. 2 (2024): Journal of Islamic Economics and Business
Publisher : Fakultas Ekonomi dan Bisnis Islam

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/jieb.v4i2.45494

Abstract

This study explores trends, intellectual structures, and thematic evolution in the literature on Value at Risk (VaR) for Islamic portfolios, identifying research gaps and proposing future directions. Using bibliometric analysis, it synthesizes 311 articles from the Scopus database (2005–2025) through Biblioshiny in RStudio and VOSviewer, focusing on publication trends, influential authors, affiliations, and thematic structures. The findings reveal steady growth in VaR literature for Islamic portfolios, with a 3.53% annual growth rate and contributions from 677 authors. Key contributors include Hammoudeh S., Mensi W., and institutions like International Islamic University Malaysia and Prince Sultan University. Thematic analysis highlights advanced methodologies such as GARCH and wavelet analysis, enhancing Islamic finance approaches. Thematic evolution shows a shift from foundational Islamic finance topics to complex analyses of volatility spillovers and dynamic connectedness. The study identifies nine research clusters and recommends integrating ESG considerations, improving risk management, and strengthening portfolio diversification. This research offers valuable insights for practitioners and policymakers in Islamic finance, underscoring the importance of tailored risk assessment tools. It provides a roadmap for scholars to address gaps, particularly in adapting conventional VaR methods to align with Islamic principles. To the authors’ knowledge, this is the first comprehensive bibliometric analysis on VaR in Islamic portfolios, significantly contributing to the literature by mapping intellectual landscapes and offering actionable future research directions.
Behavioral Finance in Sharia Investment: An Empirical Study on Indonesian Millennials Rozak, Abdul; Nugraha; Sari, Maya; Purnamasari, Imas; Zainol, Fakhrul Anwar
Journal of Islamic Economics and Business Vol. 4 No. 2 (2024): Journal of Islamic Economics and Business
Publisher : Fakultas Ekonomi dan Bisnis Islam

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The increasing participation of millennials in Indonesia’s Islamic financial markets underscores the importance of understanding the behavioral factors that influence their investment decisions. This study aims to analyze the impact of behavioral biases specifically representativeness, overconfidence, and herding on Sharia-compliant investment behavior among millennial investors. Despite the growing relevance of behavioral finance, empirical research on cognitive biases in Islamic investments remains limited, particularly in emerging economies. This study fills that gap by employing Structural Equation Modeling–Partial Least Squares (SEM-PLS) to examine data collected from 300 millennial users of the Bibit Sharia investment platform in West Java. The findings reveal that overconfidence (β = 0.235, p < 0.05) and herding (β = 0.198, p < 0.05) significantly influence investment decisions, whereas representativeness bias has no significant effect (p > 0.05). These results highlight the critical role of self-confidence and social influence in shaping millennial Sharia investment behavior. The study recommends enhancing targeted financial literacy programs that address behavioral biases and promote ethical, independent decision-making among young Muslim investors. Future research is encouraged to include broader regional samples and explore additional behavioral factors within Islamic financial contexts.
TEST THE REACTION OF THE BANK SYARIAH INDONESIA STOCK MARKET (STUDY OF EVENTS PP MUHAMMADIYAH DECIDED TO WITHDRAW CUSTOMER FUNDS) Sopian, Adi; Purnomo, Budi Supriatono; Purnamasari , Imas
Finansha: Journal of Sharia Financial Management Vol. 6 No. 1 (2025): Finansha: Journal of Sharia Financial Management
Publisher : UIN Sunan Gunung Djati Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/fjsfm.v6i1.42873

Abstract

This study aims to examine the differences in abnormal returns and trading volume activity before and after the announcement of the Muhammadiyah Central Leadership (PP Muhammadiyah) memo regarding the consolidation of member funds, which are not to be concentrated in Bank Syariah Indonesia (BSI). The research method used is an event study method with a paired sample t-test to assess the significance of differences between the periods before and after the announcement. The data utilized include abnormal returns and trading volume activity for 10 days before and after the event. The results of this study indicate no significant difference in abnormal returns before and after the announcement. This suggests that the PP Muhammadiyah memo did not affect stock returns, as shareholders still trust the credibility of BSI's management, disregarding external influences. However, in terms of trading volume activity, there is a significant difference between the periods before and after the announcement. This is due to a decline in trading volume after the announcement, as shareholders observe the situation of BSI stock trading before deciding to buy or sell shares.
Cognitive Bias on Financial Decision-Making in MSMEs Purnamasari, Imas; Sugiharti, Harpa; Machmud, Amir; Hartika, Nely; Ahiase, Godwin; Acheampong, Kennedy
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 1 (2025): March 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i1.14805

Abstract

This study aims to analyze the effect of cognitive bias on the Financial Decision Making of MSME actors in Bandung City. The research method used is descriptive verification with quantitative approach. Data were collected through questionnaires distributed to 385 MSME actors in Bandung City. The variables being studied for independent variables are overconfidence bias, confirmation bias, herding bias, anchoring bias, hindsight bias, the illusion of control bias, loss aversion bias, endowment bias, regret aversion bias, and status quo bias, while for the dependent variable is Financial Decision Making. Regression results show that overconfidence bias and loss aversion bias positively affect financial decision-making, while the illusion of control bias has a negative effect. Other cognitive bias variables do not affect Financial Decision Making. Cognitive biases that cause suboptimal financial decisions can hinder the productivity of MSMEs, this can affect the contribution of the MSME sector to the National Gross Domestic Product.
Cognitive Bias on Financial Decision-Making in MSMEs Purnamasari, Imas; Sugiharti, Harpa; Machmud, Amir; Hartika, Nely; Ahiase, Godwin; Acheampong, Kennedy
Eko-Regional: Jurnal Pembangunan Ekonomi Wilayah Vol 20 No 1 (2025): March 2025
Publisher : Faculty of Economics and Business Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/er.v20i1.14805

Abstract

This study aims to analyze the effect of cognitive bias on the Financial Decision Making of MSME actors in Bandung City. The research method used is descriptive verification with quantitative approach. Data were collected through questionnaires distributed to 385 MSME actors in Bandung City. The variables being studied for independent variables are overconfidence bias, confirmation bias, herding bias, anchoring bias, hindsight bias, the illusion of control bias, loss aversion bias, endowment bias, regret aversion bias, and status quo bias, while for the dependent variable is Financial Decision Making. Regression results show that overconfidence bias and loss aversion bias positively affect financial decision-making, while the illusion of control bias has a negative effect. Other cognitive bias variables do not affect Financial Decision Making. Cognitive biases that cause suboptimal financial decisions can hinder the productivity of MSMEs, this can affect the contribution of the MSME sector to the National Gross Domestic Product.
Pengaruh Financial Attitude dan Lifestyle Terhadap Personal Financial Management (Studi pada Kalangan Mahasiswa S1 Fakultas Ekonomi dan Bisnis Universitas Pendidikan Indonesia) Wulandari, Suci; Purnamasari, Imas; Sulastri, Sulastri
Strategic : Jurnal Pendidikan Manajemen Bisnis Vol 25, No 2 (2025): Strategic
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/strategic.v25i2.85888

Abstract

This study aims to analyze the influence of financial attitude and lifestyle on personal financial management among undergraduate students of the Faculty of Economics and Business, State University in Bandung City. The research method used in this study is a descriptive method and a verification method with the unit of analysis being undergraduate students of the Faculty of Economics and Business, State University in Bandung City with a population of 11,704 students and a sample of 352 respondents using purposive sampling with software IBM SPSS AMOS version 22 for Windows. The data was processed using the Structural Equation Modeling (SEM) method. The results of the study indicate that financial attitude and lifestyle have a significant and positive effect on personal financial management both partially and simultaneously, this is indicated by the magnitude of the critical ratio which is greater than the minimum value. The implications of the study indicate that the better the financial attitude and the more positive the lifestyle of the undergraduate students, the better the ability in personal financial management among undergraduate students of the Faculty of Economics and Business, State University in Bandung City. In addition, the results of this study can also be a basis for educational institutions and the financial industry to develop educational programs and services that support strengthening financial attitudes and a wiser lifestyle. By understanding these dynamics, undergraduate students at the Faculty of Economics and Business, State University in Bandung City can develop appropriate strategies in managing their personal finances.
Kegiatan Latihan Rutin Ekstrakurikuler PMR Menjadi Upaya Untuk Menanamkan Kepedulian Sosial Siswa Purnamasari, Imas; Yomi Romlah, Oom; Trihastuti, Meiwatizal
Mores: Jurnal Pendidikan Hukum, Politik, dan Kewarganegaraan Vol. 7 No. 2 (2025): PPKN dan POLSOSBUD
Publisher : STKIP Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research is motivated by the low social awareness among students due to globalization. Extracurricular activities such as PMR can be one of the efforts in developing social care among students. The purpose of this study was to describe the form of cultivation of students' social care through PMR extracurricular activities at SMK Pasundan 1 Cimahi. The method used in this research is a qualitative approach, the type of research used is field research. The results showed that, the form of cultivating students' social care was in the form of orientation period activities or DIKLAT, routine training every week, medical assignments and maximizing activities carried out by PMR extracurricular activities.
Decision Making in Financial Behavior: A Systematic Literature Review¬ Havidotinnisa, Siti; Puspasari, Dewi; Purnomo , Budi Supriatono; Purnamasari, Imas
West Science Social and Humanities Studies Vol. 2 No. 01 (2024): West Science Social and Humanities Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsshs.v2i01.578

Abstract

Digitalization is a major factor in the rapid dissemination of information, especially in the financial world. This has an impact on the emergence of various financial behaviors that can affect Investor Decision Making in investing. Financial behavior is a key factor that can affect the quality of Investor Decision Making, which is characterized by achieving optimal results and avoiding biased decisions. Effective financial behaviors are very important and should not be taken lightly. As an investor, adopting appropriate financial behaviors is key to overcoming behavioral biases associated with Investor Decision Making. The purpose of this study is to investigate the current state of behavioral finance research with a focus on the significant factors that influence Investor Decision Making. Driven by the need to create a comprehensive literature on peer pressure, this study used a bibliometric approach by identifying 92 studies using the term "behavioral finance" from the Scopus database. The most frequently reviewed articles were analyzed to highlight key contributions and provide general information about the field. All mentioned information covers several aspects, such as the relationship between investors, fund managers, the investment industry, and the significant influence of behavioral finance on Investor Decision Making. The practical implications of this study have the potential to be a valuable reference for researchers and practitioners, assisting in the development of clear and concise conclusions with relevant context. Investors should be encouraged to integrate their internal processes with the results of bibliometric analysis. This research emphasizes the importance of behavioral finance in Investor Decision Making, provides insight into the current state of research, and the role of researchers in developing a critical understanding of Investor Decision Making.
Co-Authors A Sobandi Abdul Rozak ACHEAMPONG, KENNEDY Adi Sopian Adityani, Edna Ayu Aggi Panigoro Sarifiyono Ahiase, Godwin Ahim Surachim Amani, Akbar Riskal Amir Machmud, Amir Andrieta Shintia Dewi Anggun Mutia Anisa Anisa Arie Gunawan Arvian Triantoro Asti Nur Aryanti Auliadara, Nurul Azizah Fauziyah Badar, Dadan Samsul Budi Purnomo Budi Purnomo Budi Purnomo Budi S Purnomo Ciptagustia, Annisa Dasril, Yuki Dwi Darma Dematria Pringgabayu Desty Endrawati Subroto Dewi Puspasari Dewi Puspasari Dian Hardiana Disman Disman Disman Disman, Disman Doni Dirgantara Eded Tarmedi, Eded Egi Arvian Firmansyah, Egi Arvian Elan Elan Elsa, Yulandri Esi, Esi Fitriani Komara Fanni Husnul Hanifa Fauziyyah, Nur Azizah Fitri Novilia Fitri, Irma Kurnia Frido Saritua Simatupang Gunawan, Ashari H. Nugraha Hari Mulyadi Hari Mulyadi, Hari Hari Supriadi Hartika, Nely Havidotinnisa, Siti Heny Hendrayati Heraeni Tanuatmodjo Herilna Herlina, Herilna Herlianti, Elva Heryana, Toni Ikaputera Waspada, Ikaputera Irawan, Sopyan Irma Kurnia Fitri Iskandar Iskandar Janah Sojanah, Janah Khoirunnisa, Fairuz Kurjono Kurjono Kurjono, Kurjono Kusuma, Andita Delya Latifah, Widi Asih Noor Leni Yuliyanti, Leni Leonita Siwiyanti M. Arief Ramdhany Mardiani, Rika Maula, Sam Alpha Maya Sari Maya Sari Maya Sari Mayasari Mayasari, Mayasari Ma’sum, Hadiansyah Medyawicesar, Hana Meiwatizal Trihastuti Miftakul Huda Mohammad Solehudin Muhamad Fikri, Muhamad Muhamad Syahwildan Muhamat, Amirul Afif Muhammad Ifan Fadillah Mulyani, Heni Mulyani, Heni Muthahhari, Muhammad Husain Nadeak, Thomas Navik Istikomah Nely Hartika Neng Susi Susilawati Sugiana Nugraha Nugraha Nugraha Nugraha Nugraha Nugraha Nugraha, H. Nugrahanti, Pipin Nurgraha, Nugraha Nurmansyah, Abdul Ahmad Hafidh Oktaroza, Magnaz. L. Palupi Permata Rahmi Permatasari, Ghaisani Ayu Purnomo , Budi Supriatono Purnomo, Budi Supriatono Rahim, Sarah Aulia Rahmat Fajar Santoso Muslim Rahmawati, Fuji Rani, Asni Mustika Rawati, Fitrin Rengga Madya Riske Faldesiani Rosyidah Rahmah Sadiah, Emas Satria, Rita Septiany Maulani Soraya Shafira Nur Simatupang, Frido Sarita Simatupang, Frido Saritua Siti Havidotinnisa Suci Wulandari Sugiharti, Harpa Sukardi, Hadi Ahmad Sulastri Sulastri SUSAN SUSANTI, SUSAN Suwatno Suwatno Syifa Pramudita Faddila Tarsih Tarsih Thomas Nadeak Tia Yuliawati Utama, Wahyudayanto Yayat Supriyatna Yomi Romlah, Oom Yulandri, Elsa Yuliana, Rena Yulianty, Puspa Dewi Yusuf Suryana Zainol, Fakhrul Anwar