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This Author published in this journals
All Journal Journal of Management and Entrepreneurship Research Jurnal Ekonomi dan Bisnis (Jebi)
Heny Kurnianingsih
Sekolah Tinggi Ilmu Ekonomi Surakarta, Indonesia
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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FAKTOR-FAKTOR YANG MEMPENGARUHI PENGGUNA APLIKASI GOPAY DI JAKARTA Nabila Adilah Rohmah; Heny Kurnianingsih
Jurnal Ekonomi dan Bisnis Vol. 1 No. 7 (2023): JEBI: Jurnal Ekonomi dan Bisnis
Publisher : CV. Adiba Aisha Amira

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research aims to find out, analyze and explain whether age, gender and lifestyle factors influence a person's interest in using Gopay. As well as to find out, analyze and explain which factors have a dominant influence on someone's interest in using Gopay. The research method used is descriptive quantitative with data collection techniques using questionnaires. The population in this research is the people of Jakarta who have an interest in using Gopay with a sample of 97 respondents, using a non-probability sampling technique determined by purposive sampling, namely a technique for determining samples with certain considerations. Based on the research results, it shows that the total explained results show the age factor with a total variance of (28.1%), gender factor (29.4%) and lifestyle factor (37.5%). The dominant factor that most influences people's interest in using the Gopay application in Jakarta is the lifestyle factor with a total variance value of 37.5%.. The research results show that age, gender and lifestyle have a significant influence on interest in using GoPay.
Is Conservative Working Capital Management the Key to Sustainable Business Growth? Naning Margasari; Nindya Nuriswati Laily; Lina Nur Hidayati; Heny Kurnianingsih
Journal of Management and Entrepreneurship Research Vol. 7 No. 2 (2026)
Publisher : Universitas Islam Nahdlatul Ulama Jepara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34001/jmer.2026.6.07.2-102

Abstract

Objective: This study examines the nonlinear relationship between working capital management and sustainable growth among non-financial firms listed in the Indonesian LQ45 Index during 2015 to 2025. Research Design & Methods: Using quadratic panel regression analysis on 385 firm-year observations, this study investigates whether aggressive and conservative working capital strategies influence sustainable growth differently at various working capital levels. Working capital management is measured using Days Inventory Outstanding (DIO), Days Sales Outstanding (DSO), Days Payables Outstanding (DPO), and Working Capital Intensity (WCI), while sustainable growth is measured using Higgins’ Sustainable Growth Rate model. Findings: The results show that DIO, DSO, and DPO have an inverted U-shaped relationship with sustainable growth, suggesting that moderately conservative working capital policies initially improve sustainable growth, but excessively conservative policies eventually reduce efficiency and growth sustainability. The effect of WCI on sustainable growth was found to be insignificant. Implications & Recommendations: These findings support Trade-Off Theory, which emphasizes balancing liquidity protection and operational efficiency. The findings suggest that firms should avoid excessively aggressive or excessively conservative working capital strategies. Instead, firms need to identify optimal working capital levels that balance liquidity protection and operational efficiency to support sustainable long-term growth. Contribution & Value Added: This study contributes to the literature by extending working capital management research toward sustainable growth using a nonlinear framework in an emerging market context.
Co-Authors Lina Nur Hidayati Nabila Adilah Rohmah Naning Margasari Nindya Nuriswati Laily