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Capital Structure, Profitability and Corporate Value: The Moderation Effect of Corporate Social Responsibility in Indonesian Sharia Companies Riskin Hidayat; Khorunisa, Atikah Raid; Hermuningsih, Sri; Marhadi, Marhadi; Sarwar, Suleman
Economica: Jurnal Ekonomi Islam Vol. 16 No. 1 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Islam UIN Walisongo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/economica.2025.16.1.25395

Abstract

This research explores the interactions among capital structure, profitability, and company value, with Corporate Social Responsibility (CSR) acting as a moderating factor. This investigation involves Sharia-compliant companies listed on the Jakarta Islamic Index (JII) of the Indonesia Stock Exchange (IDX) over the period from 2017 to 2022. Secondary data were collected from the annual reports of these companies. Employing a purposive sampling approach, the study analyzes a sample of 23 companies, yielding a total of 161 observations. To evaluate the data, moderated regression analysis was conducted using WarpPLS. The findings reveal that both capital structure and profitability exert a significant positive effect on company value, whereas CSR demonstrates an insignificant positive effect on company value. Moreover, CSR does not moderate the relationship between profitability and company value; however, CSR significantly moderates the relationship between capital structure and company value. These results highlight the critical role of capital structure and profitability in enhancing company value, particularly in the context of Sharia-compliant businesses, and contribute to both the growing body of literature and valuable insight for the supported stakeholders to optimize company performance.
Green Advertising, Eco Labels, Environmental Responsibility and Green Purchase Behavior: Environmental Attitude as mediation Purwoko, Purwoko; Fikri, Muhammad Ali; Rini, Poppy Laksita; Marhadi, Marhadi
Jurnal Manajemen Bisnis Vol. 16 No. 1: March 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/mb.v16i1.25998

Abstract

Research aims: This study uses environmental attitude as a mediating factor to investigate how green advertising, eco labels, and environmental responsibility affect green purchase behavior. Design/Methodology/Approach: Data collection using the purposive sampling method, using 138 NPURE cosmetic consumers, with SmartPLS 4.0 statistics tool.Research findings: Green purchase behavior is not positively impacted by green advertising. Green purchase behavior is not positively impacted by eco labels. Green purchase behavior is positively impacted by environmental responsibility. Environmental attitudes are positively impacted by green advertising. Environmental attitudes are positively impacted by eco labels. Environmental attitude is positively impacted by environmental responsibility. Green purchase behavior is not positively impacted by environmental attitude. Additionally, it was discovered that the impact of green advertising on green purchase behavior was not mediated by environmental attitude. Green purchase behavior and eco labeling was not mediated by environmental attitude. Environmental responsibility and green purchase behavior was not mediated by environmental attitude.Theoretical Contribution/Originality: This study demonstrates a negative influence, underscoring the persistently high level of consumer skepticism, in contrast to other research that typically finds a positive association green advertising and green purchase behavior. The insignificant mediation role of environmental attitude provides a new perspective on how psychological factors and consumer behavior interact in the context of sustainability.Practitioners/Policy Implications: Companies need to adopt more transparent and credible communication strategies in implementing green advertising in order to overcome consumer skepticism.Research Limitations/Implications: This study used quantitative methods that may not capture the deeper psychological and emotional aspects related to green purchasing decisions. Therefore, future research should explore qualitative approaches to understand consumer motivations more deeply and integrate external factors that may influence green purchase behavior.
Model pembelajaran berbasis permainan tradisional untuk keterampilan berlari dasar pada siswa sekolah dasar dengan gangguan intelektual ringan Mustara, Mustara; Hartono, Fajar Vidya; Sukriadi, Slamet; Marhadi, Marhadi
Jurnal SPORTIF : Jurnal Penelitian Pembelajaran Vol 11 No 2 (2025): Jurnal SPORTIF: Jurnal Penelitian Pembelajaran
Publisher : Universitas Nusantara PGRI Kediri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29407/js_unpgri.v11i2.26494

Abstract

Students with intellectual disabilities often face barriers in developing fundamental motor skills, especially running, because of limited adaptability and slower learning processes. Previous physical education practices in special schools remain conventional and rarely offer models tailored to these students. To address this gap, this research developed a basic running movement model based on traditional games, chosen for their simplicity, cultural relevance, and ability to foster motivation and engagement. The study applied a Research and Development (R&D) approach adapted from Borg & Gall, covering preliminary research stages, planning, expert validation, limited trials, and broader implementation. Participants involved 50 students with mild intellectual disabilities from four special schools in Jakarta. Expert validation using the Content Validity Ratio (CVR = 0.7) and reliability analysis with Cronbach's Alpha (α = 0.839) confirmed that the model was valid and reliable. Effectiveness testing through pre- and post-intervention assessments significantly improved students' running abilities (t = 4.388, p < 0.05). These results indicate that the model is feasible for classroom implementation, as it enhances motor skills, increases student motivation, and provides an inclusive learning medium. Compared to previous studies, the novelty of this research lies in systematically integrating traditional games into structured running instruction for students with intellectual disabilities. The model is also low-cost, adaptable to school facilities, and promotes enjoyment in physical activity.
PERPUSTAKAAN UMUM REKREATIF DI BANJARBARU Marhadi, Marhadi; Dahliani, Dahliani
JURNAL TUGAS AKHIR MAHASISWA LANTING Vol 12 No 1 (2023): JTAM LANTING Februari 2023
Publisher : UNIVERSITAS LAMBUNG MANGKURAT

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20527/jtamlanting.v12i1.1808

Abstract

The design of a Recreative Public Library in Banjarbaru is motivated by the low interest in the reading culture of the community, especially in the millennial generation and the need for new places and facilities in the library that can accommodate various activities, especially in terms of sharing, discussing, relaxing, educating and recreational (Edutainment) and other activities aligned with the public library. Through the concept of Edutainment, the design of the Recreative Public Library can be a forum for developing and increasing interest in the reading culture of the community as well as being an additional facility for edutainment activities in accordance with the context of "the pleasure of reading" by using the symbiosis method and a recreational architectural approach which can highlight the function of the library as education but also as a place of recreation, besides that it can also reinterpret the user's view of library design in a more modern era.