Article Per Year (5 Year)
p-Index From 2021 - 2026
2.391
P-Index
This Author published in this journals
All Journal International Journal of Economics, Business and Accounting Research (IJEBAR) eCo-Buss Ilomata International Journal of Management International Journal on Social Science, Economics and Art JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi) Dedikasi: Jurnal Pengabdian Kepada Masyarakat Journal of Educational Management Research El-Mujtama: Jurnal Pengabdian Masyarakat Krisnadwipayana International Journal of Management Studies
Anwar Azazi
Universitas Tanjungpura
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Social Sciences Other

Published : 16 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 16 Documents
Search

 1   2 
ESG DISCLOSURE, KEPUTUSAN INVESTASI, DAN KEPUTUSAN PENDANAAN TERHADAP NILAI PERUSAHAAN: PERAN MODERASI CASH HOLDING Tino Sumarno; Helma Malini; Anggraini Syahputri; Mustaruddin Mustaruddin; Anwar Azazi
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 10 No 1 (2026): IJEBAR: Vol. 10, Issue 1, March 2026
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v10i1.19449

Abstract

This study examines the effect of ESG disclosure, investment decisions, and financing decisions on firm value, with cash holdings acting as a moderating variable in the food and beverage subsector listed on the Indonesia Stock Exchange. Grounded in signaling and agency theory, the research aims to provide empirical evidence on how strategic financial and sustainability-related decisions influence market valuation. The study employs a quantitative approach using panel data regression based on 132 firm-year observations from 33 companies during the 2021–2024 period. Model estimation was conducted using the Fixed Effect Model following specification tests, while moderating effects were analyzed through interaction terms. The findings indicate that ESG disclosure and investment decisions proxied by capital expenditure have a positive and significant impact on firm value, whereas financing decisions measured by long-term debt do not exhibit a significant effect. Furthermore, cash holdings do not moderate the relationship between ESG disclosure and investment decisions with firm value; however, they significantly weaken the effect of financing decisions on firm value, suggesting the presence of financial inefficiency when liquidity is excessive. These results highlight the importance of sustainability transparency and capital allocation strategies in enhancing firm valuation while emphasizing the contextual role of liquidity management in corporate financing outcomes.
Pengaruh Digital Literacy, Financial Planning, dan Self-Control Terhadap Saving Behavior: Studi Kasus Generasi Z di Kota Pontianak Alifa Tauris Miranda Bella; Giriati Giriati; Anwar Azazi; Wendy Wendy; Anggraini Syahputri
JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi) Vol. 12 No. 3 (2026): Juni 2026
Publisher : Lembaga Komunitas Informasi Teknologi Aceh (KITA), Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/jemsi.v12i3.6433

Abstract

The development of digital technology has led to changes in the financial behavior of Generation Z. However, these changes have not been fully accompanied by sound Saving Behavior. The phenomenon of low saving rates indicates that most individuals in Generation Z remain oriented toward short-term consumption rather than allocating income for savings. Therefore, digital literacy, financial planning, and Self-control are essential in fostering healthy Saving Behavior among Generation Z in Pontianak City. This study employs a causal quantitative approach, with data collected through questionnaires using purposive sampling techniques. The research sample consists of 200 Generation Z respondents in Pontianak City. Data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS) with SmartPLS version 4 software. The results indicate that digital literacy has a positive but insignificant effect on Saving Behavior, while Financial Planning and Self-control have positive and significant effects on Saving Behavior.
Pengaruh Harga Komoditas Dunia Terhadap Indeks Harga Saham Gabungan (IHSG) Di Bursa Efek Indonesia Dengan Menggunakan Vector Error Correction Model (VECM) Ahmad Ernanda Dwi Saputra; Giriati Giriati; Anggraini Syahputri; Wendy Wendy; Anwar Azazi
JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi) Vol. 12 No. 3 (2026): Juni 2026
Publisher : Lembaga Komunitas Informasi Teknologi Aceh (KITA), Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/jemsi.v12i3.6489

Abstract

This study aims to analyze whether global commodity prices, namely palm oil, gold, and crude oil, affect the Jakarta Composite Index (JCI) on the Indonesia Stock Exchange during the 2020–2024 period, focusing on short-term and long-term impacts through the Vector Error Correction Model (VECM). Based on the analysis, it is concluded that the three commodities have different influence patterns. Palm oil prices have a significant negative impact on the JCI in both the short and long term. Gold prices have a significant positive impact in both time frames. Meanwhile, crude oil prices only show a significant positive impact in the short term, and an insignificant impact in the long term. VECM estimation supports the understanding of transmission mechanisms in an open economy. Global commodity price shocks do not directly affect the domestic stock market permanently, but rather through different adjustment processes between commodities. The variation between short-term and long-term impacts confirms that each commodity has a unique role, level of influence, and duration of impact on the JCI movement.
The Impact of Investment Performance as a Moderator on Institutional Ownership, CSR, Investment Opportunity Set, and Firm Value Vinsensius Vemas; Nur Afifah; Anggraini Syahputri; Helma Malini; Anwar Azazi
Ilomata International Journal of Management Vol. 6 No. 2 (2025): April 2025
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/ijjm.v6i2.1540

Abstract

Using investment performance as a moderator, this study seeks to ascertain how Institutional Ownership, Corporate Social Responsibility (CSR), and Investment Opportunity Set (IOS) influence the value of a firm. One significant factor that can explain whether a firm's state is favorable or unfavorable in the eyes of investors is its firm value. The percentage of institutional ownership, CSR disclosure, IOS, and investment performance are some elements that determine firm value. A quantitative strategy was used as the research methodology in this study. Secondary data from business sustainability and financial reports is used in the data collection. Purposive sampling was employed to collect research data from companies in the energy and mineral sector listed on the Indonesia Stock Exchange during 2019–2023. SPSS 25 and Eviews 12 software were utilized for data processing, while multiple regression model analysis and the traditional assumption test were used for testing. The study's results suggest that IOS significantly increases business value, while institutional ownership and corporate social responsibility (CSR) have a positive but minimal impact. When Investment Performance moderates CSR, it has a negative and insignificant effect on Firm Value. Conversely, Institutional Ownership and IOS, which Investment Performance regulates, exhibit a substantial positive impact.
Influencer Attractiveness and Social Media Interactivity: The Mediating Role of Consumer Trust in Purchase Decisions Piki Satriya; Ramadania; Anwar Azazi; Juniwati; Bintoro Bagus Purmono
Journal of Educational Management Research Vol. 5 No. 5 (2026)
Publisher : Al-Qalam Institue

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61987/jemr.v5i5.2937

Abstract

The rapid growth of TikTok has transformed digital marketing and increasingly shaped Generation Z’s purchasing behavior. Influencer attractiveness and social media interactivity can influence consumer responses, but consumer trust may determine whether these marketing stimuli are translated into purchase decisions. This study examines the effects of influencer attractiveness and social media interactivity on consumer trust and purchase decisions, as well as the mediating role of consumer trust. A quantitative causal-associative approach was employed using data from 150 Generation Z respondents selected through purposive sampling. Data were collected using a five-point Likert-scale questionnaire and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS. The results show that influencer attractiveness significantly affects consumer trust and purchase decisions, while social media interactivity also has significant positive effects on both variables. Consumer trust significantly influences purchase decisions and mediates the effects of both influencer attractiveness and social media interactivity on purchase decisions. The model explains 57.1% of the variance in consumer trust and 62.4% of the variance in purchase decisions. These findings highlight the importance of combining authentic influencer characteristics, meaningful interaction, and trust-building strategies in TikTok-based marketing.
ENHANCING BANKING FUTURE PERFORMANCE: REVALUATION AND BOOK-TO-MARKET RATIO Maria Magdalena; Heriyadi Heriyadi; Helma Malini; Anwar Azazi; Uray Ndaru Mustika
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 8 No 4 (2024): IJEBAR, VOL. 08 ISSUE 04, DECEMBER 2024
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v8i4.15537

Abstract

The banking sector played a crucial role in global economic stability, supporting financial and investment activities. Prior to making funding decisions within the banking sector, investors required reliable information disclosure. The assessment of book value and asset management were strategic steps that provided a precise representation of the company’s fundamental value, compared to volatile market value. This research aimed to investigate how the book-to-market ratio mediated the relationship between asset revaluation, return on assets, debt equity ratio, and future financial performance (ROE). Employing quantitative approach with multiple regression analysis using EViews 13. Path analysis was utilized to examine the mediation effect. This research conducted an unbalanced panel analysis consisting of 80 observations from 30 Indonesian banks listed on the Indonesia Stock Exchange from 2014 to 2022 that fulfilled the sampling criteria. Data is derived from annual financial reports and selected through purposive sampling criteria focused on the presence of asset revaluation. The finding of this research indicated that asset revaluation negatively affects the book-to-market ratio when ROA has a positive relationship. ROA and book-to-market ratio positively affect debt equity ratio. Then, ROA has a significant positive impact on banking future performance, while DER has a significant negative relationship. Conversely, the book-to-market ratio proven can mediate the relationship between asset revaluation and debt equity ratio
Co-Authors Adrian Bosrin Agung Hidayat Pratama Ahmad Ernanda Dwi Saputra Ahmad Shalahuddin Alfiyyah Misbahussaniyyah Alifa Tauris Miranda Bella Ana Fitriana Anggraini Syahputri Aulia Ariandini Bintoro Bagus Purmono Damia Raudhatusukma Dela Agustin Efa Irdhayanti Gilberth Haris Aditya Parhusip Giriati Giriati Hafidz Rifqi Alaydrus Harry Setiawan Haya Inayah Khaulah Helma Malini Heriyadi Heriyadi Hesty Rahmadani Ilzar Daud Juniwati M. Ridwan Ristyawan Maria Magdalena Marselina Selie Mochammad Ridwan Ristyawan Mustaruddin Mustaruddin Nethlyn Vincyarif Guntur Nur Afifah Piki Satriya Priskila Panjaitan Puspita Maharani Ramadania Syafiah Syafiah Syifa Putri Damayanti Tino Sumarno Titik Rosnani Uray Ndaru Mustika Vinsensius Vemas Wendy Yuli Maharani Yulyanti Fahruna Zailani Arbain