Claim Missing Document
Check
Articles

Found 2 Documents
Search

APAKAH ISI PROSPEKTUS MENENTUKAN KEBERHASILAN EQUITY CROWDFUNDING (ECF)? Susana Diah Kusumaningrum; Tastaftiyan Risfandy
Simposium Nasional Mulitidisiplin (SinaMu) Vol 4 (2022): Simposium Nasional Multidisiplin (SinaMu)
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (419.333 KB) | DOI: 10.31000/sinamu.v4i1.7672

Abstract

Penelitian ini bertujuan untuk menganalisis apakah isi prospektus berkaitan dengan keberhasilan online equity crowdfunding (ECF) di Indonesia. Peneliti menggunakan sampel pada platform 62 bisnis atau penerbit yang listing di platform Santara di tahun 2021. Teknik analisis yang digunakan di dalam penelitian ini adalah regresi berganda. Hasil pengujian menunjukkan bahwa deskripsi bisnis memiliki efek positif pada keberhasilan ECF, sedangkan jumlah gambar dalam prospektus memiliki efek negatif. Di sisi yang lain, penggunaan uang, status proyek, dan deskripsi risiko bisnis tidak berpengaruh pada keberhasilan ECF. Hasil penelitian ini menjadi rekomendasi bagi perusahaan yang ingin menampilkan profilnya di platform ECF untuk meningkatkan kualitas prospektusnya, terutama dalam deskripsi perusahaan di prospektus. Perusahaan juga harus berhati-hati dalam penggunaan gambar yang terlalu banyak di prospektus, karena hal tersebut dapat membuat hilangnya fokus calon investor saat membaca prospektus.
Islamic financing and firm performance: evidence from Indonesia Aiman Aiman; Tastaftiyan Risfandy; Ahmet Faruk Aysan; Bimo Saktiawan
Journal of Islamic Accounting and Finance Research Vol. 7 No. 1 (2025)
Publisher : Universitas Islam Negeri Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiafr.2025.7.1.25148

Abstract

Purpose - This paper analyzes the impact of financing decisions on firm performance. In particular, the effect of Islamic financing on financial profitability. Method - We use a sample of 87 non-financial firms from 2018 to 2022 listed on the Indonesia Stock Exchange and yields 434 observations after selected companies that use Islamic financing as a sample criteria. The data comes from audited annual report and the Osiris database. To analyze the data, this research employs a quantitative method with the random effect regression technique. Result - Our findings shows that Islamic financing can affects firm performance. The firm can use Islamic financing as a strategic financial decision and as alternative source of financing that can improve firm performance. Implication - This paper calls for policymakers, specifically top executive management, to pay more attention to and consider Islamic financing as an alternative to corporate financing in relation with the company's capital structure. Regulators also should encourage and improve regulations to support and facilitate the infrastructure of Islamic finance. Originality - This study expands the empirical studies in finance particularly in the area capital structure.