Claim Missing Document
Check
Articles

Found 31 Documents
Search

The Impact Of Credit Risk On The Profitability Of Conventional Banks In Indonesia Rahmawati, Nur Intan; Ningsih, Indah Ayu; Muchtar, Susy
JHSS (JOURNAL OF HUMANITIES AND SOCIAL STUDIES) Vol 9, No 2 (2025): Journal of Humanities and Social Studies
Publisher : UNIVERSITAS PAKUAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33751/jhss.v9i2.11139

Abstract

This study aims to examine the effect of Non-Performing Loans on profitability, to examine the effect of Capital Adequacy Ratio on profitability, to examine the effect of Total Loan to Assets Ratio on profitability, and to examine the effect of Total Loan to Deposit Ratio on profitability. The approach used in this study is quantitative with secondary data obtained from the Indonesia Stock Exchange and annual reports of companies listed on the Indonesia Stock Exchange during the period 2018 to 2023. Based on this study, it is concluded that Non-Performing Loans have a significant negative effect on bank profitability. Capital Adequacy Ratio does not affect bank profitability. Total Loan to Asset Ratio does not affect bank profitability. Total Loan to Deposit Ratio also does not affect bank profitability.
Factors Influencing Dividend Policy Moderated by Market Share in Non-Financial Companies in Indonesia Laksmitaningrum, Chintya Fadila; Joice, Sally; Muchtar, Susy
Jurnal Eksplorasi Akuntansi Vol 7 No 3 (2025): Jurnal Eksplorasi Akuntansi (JEA)
Publisher : Universitas Negeri Padang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24036/jea.v7i3.3357

Abstract

This study analyzes the effect of cost of debt, cost of equity, weighted average cost of capital (WACC), firm size, and return on assets (ROA) on dividend policy in non-financial companies listed on the Indonesia Stock Exchange for the 2022–2024 period, and examines the role of market share as a moderating variable. Dividend policy is measured using the dividend payout ratio, dividend coverage ratio, and dividend yield. The analysis method uses panel data regression with a series of statistical tests, including the Chow test, Hausman test, descriptive test, Adjusted R², F-test, and T-test. The results show that cost of debt has a significant negative effect on dividend yield, while cost of equity has a significant positive effect on dividend yield and dividend payout ratio. WACC, firm size, and ROA do not significantly influence the three dividend policy indicators. Market share is shown to have a dualistic moderating role, strengthening or weakening the relationship between internal company factors and dividend policy, depending on the indicators used. The implication of these findings is the importance of companies designing flexible dividend policies and considering the cost of capital structure and market share dynamics in making profit distribution decisions.
Pengaruh CSR dan Ownership Structure Terhadap Kinerja dengan Moderasi GCG pada Perusahaan Sektor Consumer Non-Cyclical Nurasa, Rifki Tri; Muchtar, Susy
Community Engagement and Emergence Journal (CEEJ) Vol. 6 No. 6 (2025): Community Engagement & Emergence Journal (CEEJ)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ceej.v6i6.9204

Abstract

Tujuan Penelitian ini adalah untuk menguji pengaruh corporate social responsibility, institutional ownership, foreign ownership terhadap kinerja perusahaan dengan corporate governance sebagai variabel moderasi. Pengumpulan data melalui metode purposive sampling yaitu sebanyak 27 perusahaan sektor konsumen non-cyclical bersumber dari bahan-bahan yang dipublikasikan di laman web Bursa Efek Indonesia, website BPS, dan laman web seluruh subjek penelitian sepanjang tahun 2019 hingga 2023. Hasil dalam penelitian ini disimpulkan sebagai berikut CSR dan Firm Size tidak berpengaruh signifikan terhadap nilai perusahaan, Institutional Ownership, Foreign Ownership, dan Leverage berpengaruh positif signifikan terhadap nilai perusahaan, Komisaris Independen dan Komite Audit dapat memoderasi pengaruh Foreign Ownership terhadap nilai perusahaan, sedangkan Komisaris Independen dan Komite Audit tidak dapat memoderasi pengaruh CSR terhadap nilai perusahaan, komisaris independen dapat memoderasi pengaruh Institutional Ownership terhadap nilai perusahaan, dan komite audit tidak dapat memoderasi pengaruh Institutional Ownership terhadap nilai perusahaan.
FACTORS AFFECTING STOCK RETURNS IN BANKS LISTED ON KBMI 4 INDONESIA STOCK EXCHANGE (IDX) PERIOD 2015 – 2024 Jasmine, Gadis Muthia; Kaligis, Villy Frisillia; Muchtar, Susy
Distribusi - Journal of Management and Business Vol. 13 No. 2 (2025): Distribusi, September 2025
Publisher : Fakultas Ekonomi dan Bisnis Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/distribusi.v13i2.643

Abstract

This research provides an original contribution by analyzing the impact of cash flows, dividends, firm size, and the effects of the Covid-19 pandemic on stock returns for KBMI IV banks listed on the Indonesia Stock Exchange (IDX) during the period of 2015–2024. This approach is rarely examined simultaneously in the context of Indonesian banking, thus offering a new perspective in the existing literature. The primary objective of this study is to evaluate whether the variables of operating cash flow, investing cash flow, financing cash flow, dividends, firm size, and Covid-19 have a significant effect on stock returns. The methodology employed is a quantitative approach utilizing secondary data from the annual financial statements of KBMI IV banks, analyzed through multiple linear regression methods based on panel data with the aid of EViews 12 software and the Ordinary Least Squares (OLS) approach. Empirical results indicate that the regression model applied is significant simultaneously (F-test), with an adjusted R² of 51.75%, indicating that the six independent variables can explain more than half of the variation in stock returns. Partially, variables such as investing cash flow and Covid-19 have been shown to have a positive and significant impact on stock returns, while financing cash flow, dividends, and firm size exhibit insignificant results. The implications of this research emphasize the importance of cash flow management and effective communication strategies during crises, such as a pandemic, to maintain investor confidence. These findings provide a solid foundation for bank managers and investors in making strategic decisions and investments based on fundamental banking factors.
The Influence of Board of Directors Busynesss on The Accounting Information Value of Consumer Goods Companies in Indonesia Gracia Suitella, Maria; Riadi, M Nala; Wijaya, Richy; Muchtar, Susy
Jurnal Manajemen, Akuntansi, Ekonomi Vol. 4 No. 2 (2025): Jurnal Manajemen, Akuntansi, Ekonomi (September)
Publisher : CV. Era Digital Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59066/jmae.v4i2.1625

Abstract

This study aims to analyze the influence of board of directors’ busyness on the value of accounting information in manufacturing companies in the consumer goods sector listed on the Indonesia Stock Exchange. In recent years, the complexity of corporate governance has raised concerns about the effectiveness of oversight, particularly when directors hold multiple directorships. Although many studies have examined the relationship between board busyness and firm performance, research on its impact on accounting information value in emerging markets remains limited. This study addresses that gap by using a sample of 29 consumer goods companies from 2020 to 2024, selected through purposive sampling. The analysis method applied is panel data regression with a fixed effect model. The value of accounting information is proxied by stock price as a market indicator. The results indicate that busy board members significantly and positively influence the value of accounting information, alongside firm size and return on assets (ROA). Meanwhile, leverage shows a significant negative effect. These findings provide empirical contributions to the literature on corporate governance in emerging markets and offer practical insights for managers and investors to strengthen oversight effectiveness and financial information quality.
Factors Affecting Bank Stability in Indonesia Gemala, Sita Aisha; Muchtar, Susy
Jurnal Economic Resource Vol. 9 No. 1 (2026): October - March
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v9i1.1923

Abstract

This research aims to analyze the factors affecting bank stability in Indonesia. The data used in this research is secondary data on the banking sector sourced from the financial reports of companies listed on the Indonesia Stock Exchange (IDX) during the period 2019-2023. The research sample was selected using the purposive sampling method, resulting in 35 companies that are suitable for the research. The data analysis used for hypothesis testing is panel data regression analysis using the Eviews 9 program. The results of the study show that bank size and the economic cycle affect bank stability. This indicates that the larger the bank size, the more stable the bank can be in obtaining income. For the economic cycle variable, if GDP growth contributes to bank stability, it indicates management’s ability to manage risk effectively. Strict supervision and effective risk management are key to the stability of the banking system. Various factors, both internal and external, such as risk management and business strategy, significantly influence bank stability. And external (like economic cycles and government policies). By effectively managing assets and adapting to economic conditions, banks can enhance their stability and contribute to the overall stability of the financial system.
FACTORS AFFECT FINANCIAL DISTRESS IN CONVENTIONAL BANKING LISTED ON THE INDONESIAN STOCK EXCHANGE Muchtar, Susy; Sari, Wahyuni Rusliyana; Elgi, Afrizal; Martinistiyas, Catur Rahayu; Elgammal, Mohammed
Business Management Analysis Journal (BMAJ) Vol 8, No 2 (2025): Business Managament Analysis Journal (BMAJ)
Publisher : Universitas Muria Kudus

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24176/bmaj.v8i2.15199

Abstract

COVID-19 and the Russian-Ukrainian conflict caused global inflationary pressure. This condition enables banks worldwide to implement a policy of increasing interest rates, which can lead to high inflation. High inflation can cause financial distress in various sectors, including banking, which is a crucial sector in the economy. This research aims to identify the factors that contribute to financial distress. The sample used in the study consisted of 35 conventional banks listed on the Indonesia Stock Exchange from 2018 to 2022, and a logistic regression analysis was employed. The results of discriminant analysis in this study indicate that banks with a high solvency ratio may face a higher probability of financial distress. In contrast, higher profitability ratios decrease the risk of financial distress. Our results can encourage regulators and policymakers to adopt policies that maintain capital adequacy and increase banking profits, thereby avoiding financial distress, especially during economic downturns. It is hoped that the results of this research will serve as a reference for conventional banks to prevent financial distress by optimizing capital management and enhancing bank profitability.
Pengaruh Leverage terhadap Profitabilitas pada Industri Kimia yang Terdaftar di BEI Nurendra, Oktafian Dwi; Muchtar, Susy
Jurnal Pendidikan Tambusai Vol. 8 No. 1 (2024): April 2024
Publisher : LPPM Universitas Pahlawan Tuanku Tambusai, Riau, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jptam.v8i1.14263

Abstract

Penelitian hanya mencakup 6 perusahaan manufaktur subsektor semen yang terdaftar di bursa efek Indonesia dalam kurun waktu 5 tahun (2018-2022). Keteresediaan data dan dibutuhkan terkait dengan variabel independen dan pengaruh dan kemudian diuji dengan hypothesis testing untuk mengestimasi dan memberikan jawaban sementara atas permasalahan penelian dan diperlukan penelanjutnya penelahan. Negatif signifikan yaitu bahwa variabel perputaran terhadap profitabilitas, dan variabel dependen, dilakukan melalui return on asset (ROA), return on equity (ROE) dan net profit margin (NPM) pada terjadi kekuatan terdiri dari kuruh 5 tamahun 2018-2022. ANSYS data panel was used for data panel, and the data panel had nilai adjusted R2 (return on assets) and koefisien sebesar -14.79934 Artinya, debt ratio berpengaruh negatif tetapi, and satu alternatif model sebagai paling tampi. Perumusan hipotesis pada pengujian dan pertumbuhan ekonomi, memberian produk Domestik Bruto (PDB) nasional di Indonesia.
Pengaruh Variabel Keuangan dan Regulasi terhadap Harga Saham Perbankan di Indonesia: Studi Kasus pada Perbankan Indonesia Tenika, Eiyagina; Muchtar, Susy
Reslaj: Religion Education Social Laa Roiba Journal Vol. 6 No. 4 (2024): Reslaj: Religion Education Social Laa Roiba Journal
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/reslaj.v6i4.1207

Abstract

One user of financial reporting information is investors. An investor's main interest in a company's financial statements is to find out how profitable the company is from the perspective of capital investment in the company. One way to get more accurate information is to carry out financial ratio analysis. The data analysis used in this research is descriptive analysis and multiple regression analysis. This calculation uses statistical methods supported by the SPSS for Windows program to measure the impact of a bank's financial performance on its share price. 61.00% of the variation in all independent variables (CAR, RORA, NPM, ROA, and LDR) can explain the dependent variable (share price). The remaining 39.00% is explained by other variables not proposed in this research.
Digital Marketing untuk Meningkatkan Penjualan UMKM dan Memotivasi Anak-anak Panti untuk Berwirausaha Muchtar, Susy; Margaretha, Farah; Warsindah, Lucy; Baliartati, Beta Oki
Dirkantara Indonesia Vol. 2 No. 1: Maret-Agustus 2023
Publisher : PT. Cendekia Sapta Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55837/di.v2i1.73

Abstract

Perkembangan digitalisasi dalam memasarkan produk UMKM telah mempercepat pertumbuhan UMKM saat ini, produk dengan mudah dipromosikan dan dipasarkan melalui sosial media seperti Facebook, Instagram, Whatsapp, Twitter, Telegram dan berbagai aplikasi sosial media lainnya yang memudahkan pengusaha kecil untuk memperoleh marketnya. Remaja putus sekolah yang tinggal di Panti Sosial Bina Remaja Taruna Jaya 1 yang dikelola oleh Dinas Sosial Provinsi DKI Jakarta adalah remaja yang mempunyai masalah dalam kehidupan sosial, sehingga remaja ini akan menjadi target Pengabdian Kepada Masysrakat yang akan dilaksanakan. Tingkat Pendidikan yang rendah menyebabkan para remaja panti kesulitan untuk mendapatkan pekerjaan. Tim PKM dari Fakultas Ekonomi dan Bisnis Universitas Trisakti akan memberikan pelatihan kepada remaja panti tentang bagaimana memasarkan produk secara digital, karena rata-rata remaja ini adalah generasi Z diharapkan akan lebih mudah memahami dan menerapkankan digitalisasi, sehingga hasil dari PKM ini diharapkan dapat memotivasi remaja penghuni panti untuk mampu membuka usaha mandiri sehingga kehidupannya tidak lagi tergantung pada Panti Sosial.