Samirah Dunakhir
Fakultas Ekonomi dan Bisnis, Universitas Negeri Makassar

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The Effect of Leverage and Company Size on Company Value in Basic and Chemical Industry Sector Companies on the Indonesia Stock Exchange in 2023-2024 Nur Azizah Febriani Syafitri; Samirah Dunakhir; Masdar Ryketeng
International Journal of Economics, Management and Accounting (IJEMA) Vol. 3 No. 9 (2026)
Publisher : Lafadz Jaya Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ijema.v3i9.389

Abstract

This study aims to analyze the effect of leverage and company size on company value in basic and chemical industry companies listed on the Indonesia Stock Exchange for the 2023–2024 period. This study uses a quantitative approach with multiple linear regression analysis. Leverage is measured using the Debt to Equity Ratio (DER), company size is measured by the natural logarithm of total assets (Ln Total Assets), while company value is measured using Price to Book Value (PBV). The study population consists of 114 basic and chemical industry companies listed on the Indonesia Stock Exchange. The research sample was determined using a purposive sampling technique to obtain 85 companies that meet the criteria. The data used are secondary data obtained from annual financial reports and stock prices through the official website of the Indonesia Stock Exchange. Data analysis includes descriptive statistics, classical assumption tests, multiple linear regression analysis, t-tests, F-tests, and coefficient of determination (R²) tests. The results show that partially, leverage and company size do not have a significant effect on company value. Simultaneously, leverage and company size also do not have a significant effect on company value. The Adjusted R Square value of 20.2% indicates that leverage and firm size explain 20.2% of the variation in firm value, while the remaining 79.8% is influenced by variables outside the research model. This finding indicates that leverage and firm size are not yet strong signals for investors in assessing a company, and therefore, investment decisions tend to be influenced by other fundamental factors.
Analysis of the Internal Control System in the Disbursement of Small Business Loans at PT Bank Mandiri Tbk, Makassar KCP, Daya Wholesale Center Aisyah Maharani; Samirah Dunakhir; Samsinar
International Journal of Economics, Management and Accounting (IJEMA) Vol. 3 No. 12 (2026)
Publisher : Lafadz Jaya Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ijema.v3i12.413

Abstract

This study aims to analyze the implementation of the internal control system in the disbursement of People’s Business Credit (KUR) at PT Bank Mandiri Tbk’s Makassar Central Wholesale Market Branch, based on the 2017 Committee of Sponsoring Organizations of the Treadway Commission (COSO) framework. This study employs a qualitative descriptive approach. Data were collected through interviews, observations, and documentation from informants involved in the People’s Business Credit disbursement process, namely the Credit Manager and Microcredit Analysts (MKA). Data analysis was conducted through the stages of data reduction, data presentation, and drawing conclusions. The research findings indicate that the internal control system for the disbursement of People’s Business Credit (KUR) at PT Bank Mandiri Tbk’s Makassar Central Wholesale Market Branch has been implemented in accordance with the five components of internal control based on the COSO framework (2017), namely Control Environment, Risk Assessment, Control Activities, Information and Communication, and Monitoring Activities. The control environment is implemented through the TIPCE work culture, a clear organizational structure, the division of duties and authorities, e-learning programs, and performance evaluations using Key Performance Indicators (KPIs). Risk assessment is conducted through document reviews, business surveys, residential surveys, credit checks via the OJK’s Financial Information Service System (SLIK), and the application of the 5C principles. Control activities are carried out through the implementation of standard operating procedures (SOPs), tiered credit approval, the application of Know Your Employee (KYE), and mechanisms for handling non-performing loans. Information and communication are supported by the use of the MANPIN (Mandiri Pintar) application, daily briefings, and coordination among work units. Meanwhile, monitoring is conducted periodically through credit quality evaluations by Credit Operations (CKO), credit document oversight, and employee performance evaluations. The implementation of these five components supports the effectiveness of the internal control system.
The Influence of Fiscal Service Quality, Understanding of Tax Regulations, Implementation of the E-Filing System on Taxpayer Compliance at the North Makassar Tax Service Office St. Alfaysa Maharani Adella; Samirah Dunakhir; Nur Afiah
Economics and Business Journal (ECBIS) Vol. 4 No. 6 (2026)
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v4i6.554

Abstract

The purpose of this study is to analyze the influence of the quality of fiscal services on taxpayer compliance, the understanding of tax regulations, the application of E-filing on taxpayer compliance at the North Makassar tax service office. The variables in this study are the quality of fiscal services (X1), Understanding of Tax Regulations (X2), Implementation of the E-Filing system (X3), and Taxpayer compliance (Y). The population in this study is Income Tax 21 taxpayers registered at the North Makassar Tax Office in 2026. Sampling uses an accidental sampling technique with the provision that taxpayers report Income Tax 21 until 100 respondents are obtained. The data analysis technique used the SPSS 27 measuring tool and the recitation carried out was instrument test, classical assumption test, multiple linear regression analysis and hypothesis test. The results of this study show that the quality of fiscal services does not have a significant effect on Taxpayers' compliance compliance, understanding of tax regulations and the implementation of E-Filing has a significant effect and simultaneously the three variables have a significant effect on Taxpayers' compliance at the North Makassar Tax Service Office