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Inflasi, Harga Saham, dan Kinerja Keuangan: Analisis Komparatif Perusahaan Manufaktur BEI pada Masa Pandemi dan Pasca Pandemi COVID-19 Paulina Kinanti Eka Praningtyas; Risma Nurhapsari; Erlinda Sholihah; Aftuqa Sholikatur Rohmania
Jurnal Ekonomi, Manajemen Pariwisata dan Perhotelan Vol. 5 No. 2 (2026): Jurnal Ekonomi, Manajemen Pariwisata Dan Perhotelan
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jempper.v5i2.6782

Abstract

The purpose of this study is to examine how inflation and stock prices influence the financial performance of manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2024. During the pandemic, the manufacturing sector faced considerable economic pressure due to mobility restrictions and supply chain disruptions. In the post-pandemic period, the sector continued to encounter challenges, particularly rising inflation and shifts in market conditions. This research adopts a quantitative approach. The data used are secondary data obtained from official macroeconomic publications and companies’ annual financial reports. In this study, inflation and stock prices serve as the independent variables, while financial performance is measured using Return on Assets (ROA). The data are analyzed using multiple linear regression to assess both partial and simultaneous effects. The findings indicate that inflation does not have a significant effect on ROA, whereas stock prices have a positive and significant impact on the financial performance of manufacturing firms. Simultaneously, inflation and stock prices together influence ROA, although the explanatory power of the model remains moderate. These results suggest that during periods of economic disruption and recovery, market indicators reflected in stock prices play a more prominent role in shaping corporate financial performance than macroeconomic inflationary pressures.
Sistem Informasi Akuntansi dan Kinerja Keuangan Usaha Kecil dan Menengah Risma Nurhapsari; Kusna Djati Purnama
Jurnal Akuntan Publik Vol. 1 No. 3 (2023): September : Jurnal Akuntan Publik
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59581/jap-widyakarya.v1i3.965

Abstract

This study seeks to determine the effect of Accounting Information System (AIS) on the financial performance of Small and Medium Enterprises (SMEs) with the aim of investigating the impact of recording systems, financial reporting systems, budget control systems, and cash management systems on financial performance. Entering and documenting daily business transactions manually has become impractical and from here organizations have realized the usefulness of adopting AIS to improve company performance. The study's findings provide valuable insights for SME owners, policymakers, and researchers interested in improving the financial performance of small businesses. adopt a descriptive research design and target 1640 SMEs This study used questionnaires as data collection instruments. Trials are conducted to ensure the validity and reliability of the tool. The Statistics Package for Social Sciences version 24 is used to analyze data using descriptive analysis and inferential statistics. The results of this study show that there is a strong significant relationship between the financial reporting system and the financial performance of SMEs. In addition, several ways are also provided to improve the effectiveness of AIS which has a significant impact on the financial performance of SMEs. From the results found, it is advisable to research further on the same research area. In addition, several recommendations are given to improve financial performance through effective AIS for SME owners and policy makers.