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Pengaruh Pertumbuhan Penjualan, Profitabilitas dan Aktivitas terhadap Financial Distress Harefan Arief; Chairiel Oktaviar; Eko Tama Putra Saratian; Mochammad Soelton
JUDICIOUS Vol 4 No 1 (2023): Judicious
Publisher : Neolectura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37010/jdc.v4i1.1277

Abstract

The condition of financial distress is a condition that precedes which a business will run in condition of incapacity or business failure and will eventually lead to the worst condition in business, which is bankruptcy. Bankruptcy and business failure are a scourge and common in a competitive business environment. The problem of financial difficulties arises when the company can no longer fulfill its payment commitments or cannot fulfill its debts (Michael, et al, 2020). Within the company, the bankruptcy analysis can be useful to anticipate as an early warning of bankruptcy conditions and for business continuity or sustainability. So that the risk of bankruptcy can be minimized and improvements can be made immediately. There are several models that can be used in analyzing a company's Financial Distress, the most widely used is the Altman model. The study aims to analyze and identify the influence of fundamental factors represented by ratios such as Sales Growth Analysis, ROA Ratio, Current Ratio, and Activity ratio on Financial Distress conditions. This research was conducted on financial statements of oil and gas mining sector company listed on the Indonesia stock exchange. Data was collected using data panel with multiple linear regression technique analysis. Data was proceed using Eviews 12. The result show Sales growth, ROA, Current Ratio and TATO ratio have a partially significant effect on Financial Distress. Sales growth ROA, Current Ratio and TATO ratio together and a simultaneous have an effect on Financial Distress.
Emotional Intelligence in Marketing: Connecting Brands with Consumers Eko Tama Putra Saratian; Marwan Efendi; Miranti Pradipta Utami
Jurnal Informatika Ekonomi Bisnis Vol. 6, No. 2 (June 2024)
Publisher : SAFE-Network

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37034/infeb.v6i2.897

Abstract

This study investigates the relationship between emotional intelligence, brand communication strategies, consumer brand perception, and customer loyalty within the context of PT. Lautan Luas Tbk. Through quantitative analysis utilizing Smart PLS, data was collected from a sample of 80 individuals using random sampling techniques. The results reveal significant direct effects of emotional intelligence and brand communication strategies on consumer brand perception and customer loyalty, as well as significant indirect effects of both emotional intelligence and brand communication strategies on customer loyalty through consumer brand perception. Specifically, higher levels of emotional intelligence among marketing staff and effective brand communication strategies positively influence consumer brand perception, subsequently leading to increased customer loyalty. These findings emphasize the importance of emotional intelligence and strategic brand communication in cultivating strong brand-consumer relationships and driving sustainable business growth.
The Effect of Implementing Sharia Principles in the Financial Industry on Economic Stability: Case Study at Bank BTPN Syariah Tama Putra Saratian, Eko; Rokhmatul Aysa, Imma; Sudiana, Urip
Al Urwah : Sharia Economics Journal Vol. 1 No. 2: Innovating Islamic Finance: Service Excellence, Digital Transformation, and Ethical Em
Publisher : Takaza Innovatix Labs Ltd.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61536/alurwah.v2i01.50

Abstract

This study investigates the impact of implementing Sharia principles on economic stability, using Bank BTPN Syariah as a case study. By adhering to core Islamic financial tenets such as the prohibition of interest (riba), the avoidance of excessive uncertainty (gharar), and the emphasis on risk-sharing and asset-backed financing, Bank BTPN Syariah aims to foster a more resilient and ethical financial system. Data was collected through interviews with key stakeholders, surveys of clients, and analysis of financial documents. The findings indicate that the application of Sharia principles contributes significantly to financial stability by promoting prudent risk management and ethical investment practices. The bank's focus on financial inclusion and supporting underserved communities enhances economic stability and client trust. This study reinforces existing theoretical frameworks that highlight the benefits of Islamic banking in mitigating financial risks and promoting sustainable economic growth. Practical implications for Bank BTPN Syariah include maintaining strong regulatory compliance and enhancing ethical conduct, while broader recommendations for the Islamic banking sector and policymakers emphasize the need for supportive frameworks to facilitate the widespread adoption of Sharia principles. Future research should explore the long-term impacts of Sharia-compliant practices and the role of technological advancements in this sector.
Emotional Intelligence in Marketing: Connecting Brands with Consumers Saratian, Eko Tama Putra; Efendi, Marwan; Utami, Miranti Pradipta
Jurnal Informatika Ekonomi Bisnis Vol. 6, No. 2 (June 2024)
Publisher : SAFE-Network

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37034/infeb.v6i2.897

Abstract

This study investigates the relationship between emotional intelligence, brand communication strategies, consumer brand perception, and customer loyalty within the context of PT. Lautan Luas Tbk. Through quantitative analysis utilizing Smart PLS, data was collected from a sample of 80 individuals using random sampling techniques. The results reveal significant direct effects of emotional intelligence and brand communication strategies on consumer brand perception and customer loyalty, as well as significant indirect effects of both emotional intelligence and brand communication strategies on customer loyalty through consumer brand perception. Specifically, higher levels of emotional intelligence among marketing staff and effective brand communication strategies positively influence consumer brand perception, subsequently leading to increased customer loyalty. These findings emphasize the importance of emotional intelligence and strategic brand communication in cultivating strong brand-consumer relationships and driving sustainable business growth.
Pengaruh Kualitas Pelayanan, Kepercayaan, dan Kenyamanan terhadap Keputusan Menggunakan QRIS sebagai Alat Pembayaran Digital Oktaviar, Chairiel; Arief, Harefan; Saratian, Eko Tama Putra
Management Studies and Entrepreneurship Journal (MSEJ) Vol. 5 No. 2 (2024): Management Studies and Entrepreneurship Journal (MSEJ)
Publisher : Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/msej.v5i2.5291

Abstract

Perkembangan dan kemajuan teknologi digitalisasi sistem pembayaran dengan uang elektronik terus berjalan, seiring dengan semakin banyaknya aplikasi dompet elektronik dan aplikasi ecommerce sebagai follower atas sukses yang telah di raih oleh beberapa aplikasi dompet elektronik, pembayaran merupakan tahap finishing dari sebuah transaksi pada sebuah bisnis/usaha akan menciptakan kualitas pelayanan (service quality) yang di berikan akan menumbuhkan rasa percaya (trust) dan memberikan kenyamanan (convenience) dalam bertransaksi, hasil akhirnya adalah keputusan untuk menggunakan kembali sistem pembayaran digital dengan menggunakan QRIS, hasil penelitian ini telah membuktikan bahwa kualitas pelayanan, kepercayaan dan kenyamanan berpengaruh positif dan signifikan terhadap keputusan menggunakan QRIS.
Sustainable Finance: Nurturing Your Savings and the Planet Eko Tama Putra Saratian; Imma Rokhmatul Aysa; Urip Sudiana
Journal of Economic, Bussines and Accounting (COSTING) Vol 7 No 4 (2024): Journal of Economic, Bussines and Accounting (COSTING)
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/costing.v7i4.10722

Abstract

This study investigates the dynamics of sustainable finance practices, environmental awareness, and financial outcomes among customers of Bank Artha Graha. Through quantitative analysis employing structural equation modeling, the research examines the direct and indirect effects of Sustainable Financial Practices and Environmental Awareness on Sustainable Investment Returns and Savings Growth. Findings reveal a significant direct influence of Sustainable Financial Practices on both Sustainable Investment Returns and Savings Growth, emphasizing the importance of integrating environmental, social, and governance criteria into financial products and services. While Environmental Awareness demonstrates a marginal direct effect on Savings Growth, it does not significantly impact Sustainable Investment Returns. However, the analysis indicates that Sustainable Financial Practices indirectly influence Savings Growth through their impact on Sustainable Investment Returns. These results underscore the critical role of sustainable finance principles in promoting financial growth aligned with environmental responsibility, offering valuable insights for stakeholders in the banking industry and beyond.
FAMILY COMPETITIVE ECONOMIC PERFORMANCE WITH FINANCIAL LITERACY: COMMUNITY SERVICE IN PONDOK AREN Wahyono, Tri; Perkasa, Didin Hikmah; Karyatun, Subur; Supryadi, Didy Ika; Kuswibowo, Christian; Putra Saratian, Eko Tama; Soelton, Mochamad
Jurnal Pengabdian Teratai Vol 5 No 2 (2024): Jurnal Pengabdian Teratai
Publisher : Lembaga Penelitian Dan Pengabdian Pada Masyarakat (LPPM) Institut Bisnis dan Informatika (IBI) Kosgoro 1957

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55122/teratai.v5i2.1354

Abstract

PKM Partners is Pondok Aren District in the Department of Cooperatives & UMKM located on Jl. Graha Raya Bintaro No.1, Parigi Baru, Tangerang, South Tangerang City, Banten 15228. Pondok Aren District is growing quite rapidly, with a population of around 294,996. This is directly proportional to the number of MSMEs reported based on the SKDU document of around 1,373. Currently, the government, through the Financial Services Authority (OJK), is calling on the public to continue to encourage the progress of the Sharia Financial Industry which has grown rapidly in the last five years both in terms of the number of players and sharia financial assets in banking, capital markets and IKNB [1]. In Indonesia, family entrepreneurship has begun to emerge and this can be seen from various franchise businesses such as fast food franchises, retail store franchises to service businesses and so on. With the problems above, the community service team held business plan outreach activities in creating family entrepreneurship. The development of family entrepreneurship can also support economic growth in countries such as the United States where 90 percent of the 15 million companies are family companies and have contributed 40% of the GNP of the United States, while with an understanding of Business Planning in developing family entrepreneurship, it can prevent disagreements and conflict occurs in the company, so that in the end it can reduce poverty levels and improve community welfare. Family economic problems can be overcome by carrying out various family-based entrepreneurial activities. Family-based entrepreneurship can be developed to reduce dependence on work from companies both government and private.
PENGELOLAAN BANK SAMPAH DAN TEKNOLOGI KOMPOSTER PADA LEMBAGA KESEJAHTERAAN SOSIAL ANAK AL-UMMI CIANJUR, JAWA BARAT Soelton, Mochamad; Putra Saratian, Eko Tama; Golwa, Gian Villany; Thoullon, Muhammad Shirhan; Migdad, Abian
Jurnal Pengabdian Teratai Vol 5 No 2 (2024): Jurnal Pengabdian Teratai
Publisher : Lembaga Penelitian Dan Pengabdian Pada Masyarakat (LPPM) Institut Bisnis dan Informatika (IBI) Kosgoro 1957

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55122/teratai.v5i2.1601

Abstract

Yayasan Surya Al-Ummi merupakan Lembaga Kesejahteraan Sosial Anak (LKSA) di Kota Cianjur Jawa Barat, dengan jumlah anak asuhan berjumlah 103 orang, permasalahan sampah menjadi kondisi yang membutuhkan penanganan tepat. Sampah dapur organik maupun anorganik yang diperkirakan mencapai 1 ton kubik sampah per harinya. Sampah-sampah tersebut dapat bernilai ekonomis apabila dikelola dengan manajemen bank sampah dan didaur ulang menjadi barang seni kerajinan bernilai ekonomis, barang rongsok yang bermanfaat maupun diolah menjadi pupuk organik yang dapat menambah pendapatan. Pengabdian kepada masyarakat ini bertujuan, penyuluhan pengelolaan bank sampah, pemisahan sampah organik dan anorganik, penerapan pengolahan limbah sampah organik dengan menggunakan alat komposter untuk memproduksi pupuk organik. Dengan memberikan seperangkat mesin komposter yang dapat digunakan ketika penyuluhan dan pelatihan berlangsung serta dapat dimiliki sebagai hibah aset untuk dimanfaatkan sebagai menambah nilai ekonomis pengelolaan panti tersebut. Berdasarkan evaluasi kegiatan dengan diikuti sebanyak 70 peserta menyatakan puas terkait adanya kegiatan pengelolaan sampah organik menjadi pupuk cair. Tingkat pemahaman peserta terhadap topik mencapai 75%, yang menunjukkan bahwa sebagian besar peserta dapat memahami prinsip-prinsip dan praktik produksi pupuk. Kegiatan mampu memberikan edukasi efektif kepada jajaran pengurus dan anak-anak panti. Hasil produksi sampah organik saat ini sedang proses produksi dan diperkirakan akan menghasilkan 100 liter per minggu.
Sustainable Banking Performance in Indonesia: An Updated Conceptual Paper Eko Tama Putra Saratian; Usep Suhud; Hamidah
International Journal of Scientific Multidisciplinary Research Vol. 2 No. 12 (2024): December 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijsmr.v2i12.13084

Abstract

This study explores sustainable banking performance in Indonesia, emphasizing the integration of environmental, social, and governance (ESG) principles within banking practices. Employing a mixed-method approach, the research combines a systematic literature review and a preliminary survey of 125 respondents. The literature review synthesized global and local studies, identifying key frameworks, challenges, and opportunities, with a particular focus on Indonesia’s regulatory and socio-economic context. The survey revealed significant public awareness of sustainable finance, with respondents familiar with the concept. However, gaps were identified, particularly in the awareness of specific initiatives like interest subsidies for electric vehicle financing. These findings underscore the critical role of regulatory alignment, stakeholder engagement, and innovation in driving sustainability efforts. Additionally, the study highlights opportunities for Indonesian banks to align with global standards such as the Principles for Responsible Banking, while addressing barriers like organizational inertia and resource constraints. This research provides actionable insights for policymakers, practitioners, and scholars, contributing to the theoretical and practical advancement of sustainable banking in Indonesia
The Effect of Profitability and Liquidity on Firm Value with Financial Distress as a Mediating Variable Arief, Harefan; Oktaviar, Chairiel; Saratian, Eko Tama Putra; Soelton, Mochamad; Yuliantini, Tine
Jurnal Ilmiah Manajemen dan Bisnis Vol 10, No 3 (2024): Jurnal Ilmiah Manajemen dan Bisnis
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/jimb.v10i3.26841

Abstract

Financial distress is a phase that precedes the state in which a business faces incapacity or failure, which can even lead to bankruptcy. If a company experiences a lack of funds for internal financing, a solution can be found by utilising debt as a source of external funding from other parties. Business failure and the risk of bankruptcy are often fears in a competitive business environment. Financial distress arises when a company is unable to fulfil its payment obligations or repay its debts. For internal companies, bankruptcy analysis is useful as an early warning against potential bankruptcy, providing an opportunity to maintain business continuity or sustainability. Therefore, the risk of bankruptcy can be minimised through proper analysis, allowing for a quick improvement. Some commonly used models to analyse corporate financial distress include the Altman, Springate, and Zmijewsk models. This study aims to analyse and identify the influence of fundamental factors represented by ratios, such as ROA Ratio, Current Ratio, and Firm Value, on the condition of Financial Distress in mining sector stocks on the Indonesia Stock Exchange. The research will focus on the impact of Profitability and Liquidity on Firm value, with Financial Distress as a mediating variable.The research results can be described as follows ROA has no effect on Firm Value. Current Ratio has no effect on Firm Value. ROA has no effect on Financial Distress. Current Ratio has a positive and significant effect on. Financial Distress, Financial Distress has a significant positive effect on Firm Value. Financial distresscannot mediate the relationship of Profitability (ROA) to Firm Value. Financial distress cannot mediate the relationship of Liquidity (Current Ratio) to Firm Value.