Muhammad Tojibussabirin
Faculty Of Economics And Business Universitas Brawijaya Malang, Indonesia

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The Effect of CSR Disclosure on Company Performance With Ceo Proficiency As A Moderation Variable Findy Rachmandika Muhammad; Sutrisno T; Muhammad Tojibussabirin
Journal Research of Social Science, Economics, and Management Vol. 2 No. 9 (2023): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v2i09.411

Abstract

This study aims to examine the impact of corporate social responsibility (CSR) on the financial performance of manufacturing companies in Indonesia and examine the role of CEO ability as moderating variable. Hierarchical regression analysis is used to test the effect of CSR on firm performance and test CEO ability as moderating variable. This study uses 213 samples observation data from manufacturing companies listed on Indonesia Stock Exchange (IDX) during 2019 until 2021. The results showed that CSR disclosures has an effect on firm performance as measured by return on assets (ROA). The results of this study also showed that CEO ability as moderating variables unable to increase the influence of CSR on firm performance. These results indicate that when firm performance has no significant growth and firm has problem that decreased the firm profitability for example COVID-19 pandemic, CEOs have a tendency not to carry out an activity that costs money for example CSR.
Financial risk analysis of Public-Private Partnership (PPP) projects case study on Pandaan - Malang Toll Road Farid Arif Adi Nugroho; Rosidi Rosidi; Muhammad Tojibussabirin
Interdisciplinary Social Studies Vol. 3 No. 4 (2024): Regular Issue: July-September 2024
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/iss.v3i4.715

Abstract

This study aims to analyze the financial risks faced by the Pandaan-Malang Toll Road PPP (Public-Private Partnership) project in Indonesia. Data collection techniques include semi-structured in-depth interviews with parties related to the PPP project, including the Directorate General of Infrastructure Financing, the Tolling Road Management Agency (government), and Business Entities (PT Jasamarga Pandaan Malang). The collected data will be analyzed to determine the financial risk factors faced by PPP projects and the financial controls carried out to overcome financial risks in PPP. The results show that the risk of errors in forecasting in the calculation of demand, cost, and revenue projections is a risk that almost often occurs. The Government emphasizes the importance of optimizing the role of PII (Persero) or Indonesia Infrastructure Guarantee Fund (IIGF) as an Infrastructure Guarantee Business Entity (BUPI) to ensure financial sustainability and minimize the impact of sudden shocks on the State Budget due to the provision of Government Guarantees for cooperation projects. This study provides insights or frameworks that can be applied to similar projects, helping to improve risk assessment and decision-making processes in future infrastructure developments.
Relative Efficiency of Education, Health, and Infrastructure Spending in Southeast Sulawesi (2018–2022): A Data Envelopment Analysis Approach Siti Hajarana; Muhammad Tojibussabirin; Yeney Widya Prihatiningtias
Business and Applied Management Journal Vol. 3 No. 1 (2025)
Publisher : Al-Qalam Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61987/bamj.v3i1.508

Abstract

This study aims to analyze the relative efficiency of education, health, and infrastructure spending in Southeast Sulawesi Province. During the 2018–2022 period, the province experienced relatively strong economic growth along with increased public spending, but gaps in outcomes and sectoral performance between districts remained evident. This study employed a quantitative approach using Data Envelopment Analysis (DEA) with an input-output orientation. A balanced panel dataset of 17 districts/cities observed over five years (85 Decision-Making Units) was analyzed to measure the relative efficiency of education, health, and infrastructure spending. The results indicate that the average efficiency of education (0.97) and health (0.98) spending is higher than that of infrastructure (0.79). Urban areas and optimally planned areas exhibit full efficiency (score 1.00), while remote areas experience relatively suboptimal efficiency levels. Some districts consistently achieve full efficiency, indicating effective resource allocation and service delivery. Conversely, geographically remote areas exhibit inefficiencies due to the uneven distribution of teachers, health workers, and infrastructure quality. These findings suggest that high levels of spending do not automatically guarantee optimal welfare outcomes. This study contributes by providing a subnational efficiency assessment using DEA and offering policy recommendations focused on targeted allocation, cross-sector integration, and performance-based budgeting.