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<![CDATA[KARAKTERISTIK REKSA DANA DAN KINERJA REKSA DANA SAHAM DI INDONESIA ]]>
<![CDATA[Dwiprakasa, Bernadus]]>;
<![CDATA[Dharmastuti, Christiana Fara]]>
<![CDATA[ Jurnal Manajemen Vol 13, No 1 (2016): Jurnal Manajemen ]]>
Publisher : <![CDATA[Jurnal Manajemen ]]>
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<![CDATA[A mutual fund is one of the interesting alternative modes of investment models for the investors that do not have much time, knowledge and expertise in calculating the risk and investment return. This study is aimed to understand the influence of the mutual fundâs characteristics: the expense ratio, fund size, turnover ratio, and the mutual fundâs age towards the mutual fundâs performance in Indonesia. This study has been conducted using the Fixed Effect Model with the White cross-section as the coefficient covariance method at 34 active equity mutual funds that existed in Indonesia during the 2012-2013 period. The result of this study has indicated that the expense ratio and the multi fundâs age have a significant negative towards the the equities mutual funds in Indonesia while the fund size and the turnover ratios have a significant positive influence towards the the equityâs mutual fundâs performance in Indonesia.Keywords: Equity Mutual Fund, Expense Ratio, Fund Size, Turnover Ratio, The Mutual Fundâs Age, TheMutual Fundâs Performance, Sharpe]]>
<![CDATA[Regional Financial Performance and Human Development Index Based on Study In 20 Counties/Cities of Level I Region ]]>
<![CDATA[Gousario, Freska]]>;
<![CDATA[Dharmastuti, Christiana Fara]]>
<![CDATA[ Journal the Winners: Economics, Business, Management, and Information System Journal Vol 16, No 2 (2015): The Winners Vol. 16 No. 2 2015 ]]>
Publisher : <![CDATA[Bina Nusantara University ]]>
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DOI: 10.21512/tw.v16i2.1568
<![CDATA[This research aimed to know the financial performance of local government through regional financial ratio analysis, i.e. regional financial independence ratios, regional financial effectiveness ratios, regional financial efficiency ratios and regional expenditure harmony ratios,as well as analyzing the impact of regional financial performance against the Human Development Index (HDI).This research was conducted in 20 counties/cities in level I region. Analysis techniques used was multiple linear regression analysis with SPSS Statistics 21. The results shows that: (1) Ratio of regional financial independence contributes positive and significant effect to HDI, (2) Ratio of the regional financial effectiveness contributes no significant effect to HDI, (3) Ratio of regional financial efficiency contributes no significant effect to HDI, and (4) Ratio of regional financial harmony expenditure contributes no positive effect to HDI.]]>
<![CDATA[ANALISIS PENGARUH MEKANISME INTERNAL DAN EXTERNAL CORPORATE GOVERNANCE TERHADAP PROFITABILITAS DAN KEBIJAKAN DIVIDEN PERUSAHAAN (Studi Empiris Pada Perusahaan Go Publik di Pasar Modal Indonesia) ]]>
<![CDATA[Dharmastuti, Christiana Fara]]>
<![CDATA[ Jurnal Organisasi dan Manajemen Vol 9 No 1 (2013) ]]>
Publisher : <![CDATA[LPPM Universitas Terbuka ]]>
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<![CDATA[Kebijakan dividen, merupakan suatu topik yang menarik untuk diteliti meskipun terjadi banyak perdebatan dengan pendekatan berbagai teori mengenai dividen. Dalam penelitian ini kebijakan dividen akan dikaji melalui teori keagenan dengan memperhatikan pengaruh dari corporate governance perusahaan, khususnya melalui pemisahan mekanisme corporate governance secara internal maupun eksternal (Gillan, 2006) yang dimediasi oleh profitabilitas perusahaan. Penelitian dilakukan pada semua perusahaan non keuangan yang terdaftar di Bursa Efek Indonesia pada tahun 2007-2010. Penyelesaian estimasi path model dan pengujian hipotesis menggunakan program AMOS 16.0. Hasil penelitian menunjukkan bahwa mekanisme internal corporate governance yang diukur dari komisaris independen dan rasio kompensasi eksekutif ternyata tidak berpengaruh signifikan terhadap kinerja keuangan perusahaan, sedangkan mekanisme external corporate governance yang diukur dari stabilitas dan prosentase kepemilikan institusi berpengaruh signifikan terhadap kinerja keuangan. Kondisi ini menunjukkan bahwa external corporate governance memiliki kekuatan yang lebih besar untuk melakukan monitoring dan memberikan pengaruh atas kebijakan keuangan perusahaan.
Kebijakan dividen, merupakan suatu topik yang menarik untuk diteliti meskipun terjadi banyak perdebatan dengan pendekatan berbagai teori mengenai dividen. Dalam penelitian ini kebijakan dividen akan dikaji melalui teori keagenan dengan memperhatikan pengaruh dari corporate governance perusahaan, khususnya melalui pemisahan mekanisme corporate governance secara internal maupun eksternal (Gillan, 2006) yang dimediasi oleh profitabilitas perusahaan. Penelitian dilakukan pada semua perusahaan non keuangan yang terdaftar di Bursa Efek Indonesia pada tahun 2007-2010. Penyelesaian estimasi path model dan pengujian hipotesis menggunakan program AMOS 16.0. Hasil penelitian menunjukkan bahwa mekanisme internal corporate governance yang diukur dari komisaris independen dan rasio kompensasi eksekutif ternyata tidak berpengaruh signifikan terhadap kinerja keuangan perusahaan, sedangkan mekanisme external corporate governance yang diukur dari stabilitas dan prosentase kepemilikan institusi berpengaruh signifikan terhadap kinerja keuangan. Kondisi ini menunjukkan bahwa external corporate governance memiliki kekuatan yang lebih besar untuk melakukan monitoring dan memberikan pengaruh atas kebijakan keuangan perusahaan.
Dividend policy is an interesting topic to be discussed despite the fact that there are contentious arguments on theories about dividend. In this research dividend policy will be viewed through the agency theory by considering the effect of the company's corporate governance, in particular through the separation mechanism of internal and external corporate governance (Gillan, 2006) which are mediated by profitability. The study was conducted by all non-financial companies at the Indonesia Stock Exchange from 2007 to 2010. AMOS 16.0 program is used in estimating the completion path model and testing hypotesis. The results shows that the mechanisms of internal corporate governance via the existence of independent commissioner and executive compensation can not significantly influence the company's financial performance, while mechanisms of external corporate governance as measured by the stability and the percentage of institutional ownership significantly influence the companys financial performance. This indicates that the external corporate governance has a greater power to monitor and influence the financial policies of the company.]]>
<![CDATA[KARAKTERISTIK REKSA DANA DAN KINERJA REKSA DANA SAHAM DI INDONESIA ]]>
<![CDATA[Dharmastuti, Christiana Fara]]>;
<![CDATA[Dwiprakasa, Bernadus]]>
<![CDATA[ Jurnal Ekonomi Vol 22, No 1 (2017): March 2017 ]]>
Publisher : <![CDATA[Fakultas Ekonom dan Bisnis, Universitas Tarumanagara ]]>
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DOI: 10.24912/je.v22i1.181
<![CDATA[A mutual fund is one of the interesting alternative modes of investment models for the investors that do not have much time, knowledge and expertise in calculating the risk and investment return. This study is aimed to understand the influence of the mutual fund’s characteristics: the expense ratio, fund size, turnover ratio, and the mutual fund’s age towards the mutual fund’s performance in Indonesia. This study has been conducted using the Fixed Effect Model with the White cross-section as the coefficient covariance method at 34 active equity mutual funds that existed in Indonesia during the 2012-2013 period. The result of this study has indicated that the expense ratio and the multi fund’s age have a significant negative towards the the equities mutual funds in Indonesia while the fund size and the turnover ratios have a significant positive influence towards the the equity’s mutual fund’s performance in Indonesia.]]>
<![CDATA[The Effect of Diversification: By Number of Subsidiaries and Type of Relatedness on Financial Performance with Board of Directors as Moderating Variable: (Case study: Manufacturing Companies Listed in Indonesia Stock Exchange for 2016-2018) ]]>
<![CDATA[Hutagaol, Marini Catrin]]>;
<![CDATA[Dharmastuti, Christiana Fara]]>
<![CDATA[ KINERJA Vol. 26 No. 1 (2022): KINERJA ]]>
Publisher : <![CDATA[Faculty of Business and Economics Universitas Atma Jaya Yogyakarta ]]>
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DOI: 10.24002/kinerja.v26i1.4976
<![CDATA[Diversification strategy is strategy in expanding market and products that are related or unrelated by increasing subsidiaries. This increasing is expected to increase financial performance with proper analysis. This study aims to examine the effect of diversification strategy analyzed by number of subsidiaries, type of relatedness (related-unrelated business) on financial performance and considering the moderating effect of board of directors. This research uses 197 data from 71 manufacturing companies listed on Indonesia Stock Exchange during 2016-2018. Results show that the number of subsidiaries has no effect on firm performance and the unrelated type outperform related type. This is also supported by a theory of portfolio diversification which can reduce risk. The board of directors as a moderator has no effect on the number of subsidiaries on financial performance. Meanwhile the board of directors has a positive effect on type of relatedness. This research concludes that the board of directors is able to direct what type of diversification will be taken. Keywords: Diversification strategy, Subsidiaries, Type of Relatedness (related-unrelated business), Financial Performance (ROA)]]>
<![CDATA[PELATIHAN LITERASI KEUANGAN UNTUK GENERASI Z PADA ANAK BINA BULIR PADI FOUNDATON (BPF) ]]>
<![CDATA[Dharmastuti, Christiana Fara]]>;
<![CDATA[Soelasih, Yasintha]]>;
<![CDATA[Sumani, Sumani]]>;
<![CDATA[Sandroto, Christine Winstinindah]]>
<![CDATA[ MINDA BAHARU Vol 8, No 2 (2024): Minda Baharu ]]>
Publisher : <![CDATA[Universitas Riau Kepulauan ]]>
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DOI: 10.33373/jmb.v8i2.6871
<![CDATA[Kegiatan pengabdian masyarakat ini dilakukan terhadap anak dari keluarga marjinal di wilayah Jakarta yang tergabung dalam binaan Bulir Padi Foundation (BPF). Tujuan dari pengabdian masyarakat ini adalah peserta memiliki pengetahuan dasar literasi keuangan digital, memahami jenis-jenis pengunaan layanan keuangan digital, mengetahui cara bertransaksi digital dengan aman, dan bisa mengaplikasikan pengetahuan literasi keuangan digital dalam kehidupan sehari-hari. Peserta sebanyak 37 orang dengan rentang usia antara 13-19 tahun dan tingkat Pendidikan terakhir pada range Sekolah Dasar hingga Sekolah Menengah Atas/Kejuruan. Pelatihan dilakukan secara daring dengan aplikasi zoom dan narasumber adalah para dosen di Fakultas Ekonomi dan Bisnis, Universitas Katolik Indonesia Atma Jaya. Evaluasi dilakukan baik dengan melihat reaksi dan memberikan soal pre test dan post test materi. Perbandingan nilai pre-test dan post-test menunjukkan peningkatan nilai untuk sebagian besar indikatornya. Hal ini menunjukkan bahwa terdapat peningkatan pengetahuan peserta setelah mengikuti pelatihan. Hasil dari pengabdian ini adalah peserta memiliki pengetahuan mengenai system pembayaran digital dan cara aman bertransaksi secara digital yang ditunjukkan melalui hasil post test materi lebih baik daripada pre-test. Ke depannya akan diusahakan agar pelatihan dilaksanakan secara tatap muka agar lebih efektif. Kerjasama dengan Bulir Padi Foundation (BPF) akan terus dijalin agar dapat berkontribusi dalam mengedukasi anak-anak dari keluarga marjinal di wilayah Jakarta.]]>
<![CDATA[SUSTAINABILITY, GREEN BONDS DAN DAMPAKNYA PADA NILAI PERUSAHAAN ]]>
<![CDATA[Dharmastuti, Christiana Fara]]>;
<![CDATA[Zefanya, Okaria Nathalie]]>;
<![CDATA[sumani, sumani]]>
<![CDATA[ Jurnal Akuntansi Vol 18 No 2 (2024): Jurnal Akuntansi ]]>
Publisher : <![CDATA[Universitas Katolik Indonesia Atma Jaya ]]>
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DOI: 10.25170/jak.v18i2.5178
<![CDATA[Sustainability issues and practices have now become an important part and an interesting trend around the world. Companies in running their business are required not only to take into account economic factors, but also to pay attention to sustainability practices. In the financial sector, one of the sustainability supports through funding through green bonds, namely green bonds. This study aims to analyze the effect of corporate sustainability practices in terms of the 3 P's (Profit, Planet, People) on the decision to issue green bonds and their impact on company performance. The study was conducted on companies in ASIA with the subject of 78 companies from 10 countries. Data was obtained from the Climate Bonds Initiative, International Capital Market Association, IDX and Yahoo Finance and from the company's website. Hypothesis testing using the Smart PLS application. The test results show that people affect the decision of green bonds and company performance, while profit and planet have no significant effect on green bonds or company performance.]]>
<![CDATA[Exploring Variabels of Teachers Financial Well-Being in Indonesia Jesuit Schools ]]>
<![CDATA[Mantiri, Andreass Aryono]]>;
<![CDATA[Dharmastuti, Christiana Fara]]>
<![CDATA[ Jurnal Pendidikan Progresif Vol 14, No 2 (2024): Jurnal Pendidikan Progresif ]]>
Publisher : <![CDATA[FKIP Universitas Lampung ]]>
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<![CDATA[Exploring Variabels of Teachers Financial Well-Being in Indonesia Jesuit Schools. Objectives: This study explored the interrelationships between financial literacy, financial efficacy, financial attitude, financial behavior, and spiritual intelligence in influencing the financial well-being of Indonesian Jesuit school teachers. Methods: A quantitative research approach was employed, utilizing structural equation modeling (SEM-PLS) to analyze data collected from 225 Jesuit school teachers. Data were gathered through a survey instrument designed to measure the variables of interest. Findings: The study found that financial behavior plays a crucial mediating role in the relationship between these variables and financial well-being. Financial efficacy directly predicts financial well-being, while spiritual intelligence and financial attitude indirectly enhance well-being through their influence on financial behavior. Financial literacy, contrary to expectations, does not directly impact financial well-being but indirectly contributes through its influence on financial behavior. Conclusion: The study highlights the importance of fostering positive financial behaviors and integrating spiritual intelligence into financial decision-making to improve the financial health of educators. These findings offer valuable insights for educational institutions and policymakers seeking to enhance the financial well-being of teachers. Keywords: financial well-being, spiritual intelligence, teachers.DOI: http://dx.doi.org/10.23960/jpp.v14.i2.202497]]>
<![CDATA[Membina wirausahawan masa depan: Peran inkubator bisnis dalam membentuk niat berwirausaha di perguruan tinggi ]]>
<![CDATA[Dharmastuti, Christiana Fara]]>;
<![CDATA[Lembana, Devi Angrahini Anni]]>;
<![CDATA[Sustaningrum, Rakhdiny]]>
<![CDATA[ Jurnal Manajemen Maranatha Vol 24 No 1 (2024): Jurnal Manajemen Maranatha ]]>
Publisher : <![CDATA[Universitas Kristen Maranatha ]]>
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DOI: 10.28932/jmm.v24i1.9803
<![CDATA[Entrepreneurship plays a pivotal role in national development. Hence, related training is often initiated at the university level to equip students after graduation with entrepreneurial skills through business incubators. This study delves into the crucial role of incubators in fostering entrepreneurial intention among students by considering gender, mentoring, and curriculum design for the learning process. Additionally, it examines the impact of university support in a regulatory way, as well as normatively and cognitively. Moreover, data are collected based on three cohorts of incubator participants across different periods. The findings of this study reveal entrepreneurial intentions based on gender, which is measured by males as the reference category affecting positively. Besides, there is a positive tendency for normative and cognitive environmental support toward these intentions. Unfortunately, mentorship, curriculum program, and regulatory environmental support do not affect these intentions.]]>
<![CDATA[The Effect of Diversification: By Number of Subsidiaries and Type of Relatedness on Financial Performance with Board of Directors as Moderating Variable: (Case study: Manufacturing Companies Listed in Indonesia Stock Exchange for 2016-2018) ]]>
<![CDATA[Hutagaol, Marini Catrin]]>;
<![CDATA[Dharmastuti, Christiana Fara]]>
<![CDATA[ KINERJA Vol. 26 No. 1 (2022): KINERJA ]]>
Publisher : <![CDATA[Faculty of Business and Economics Universitas Atma Jaya Yogyakarta ]]>
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DOI: 10.24002/kinerja.v26i1.4976
<![CDATA[Diversification strategy is strategy in expanding market and products that are related or unrelated by increasing subsidiaries. This increasing is expected to increase financial performance with proper analysis. This study aims to examine the effect of diversification strategy analyzed by number of subsidiaries, type of relatedness (related-unrelated business) on financial performance and considering the moderating effect of board of directors. This research uses 197 data from 71 manufacturing companies listed on Indonesia Stock Exchange during 2016-2018. Results show that the number of subsidiaries has no effect on firm performance and the unrelated type outperform related type. This is also supported by a theory of portfolio diversification which can reduce risk. The board of directors as a moderator has no effect on the number of subsidiaries on financial performance. Meanwhile the board of directors has a positive effect on type of relatedness. This research concludes that the board of directors is able to direct what type of diversification will be taken. Keywords: Diversification strategy, Subsidiaries, Type of Relatedness (related-unrelated business), Financial Performance (ROA)]]>
