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Optimizing the Use of Working Capital in an Effort to Increase Company Profitability Darwin, Dirmansyah; Suardi, Soni; Diarra, Salim; Soediro, Moses; Grasielda, Ivana
Journal of Economics, Entrepreneurship, Management Business and Accounting Vol 2 No 1 (2024): Volume 2, Issue 1, January 2024
Publisher : CV. Sakura Digital Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61255/jeemba.v2i1.291

Abstract

This research aims to determine the optimization of the use of working capital in an effort to increase company profitability at PT. Semen Indonesia (Persero) Tbk. This research is quantitative descriptive. The population in this research is the financial statements of PT. Semen Indonesia (Persero) Tbk, and the sample for this research is the financial report of PT. Semen Indonesia (Persero) Tbk for the 2019-2023 period. The data collection technique used is financial ratios, namely liquidity ratios using the current ratio, activity ratios using working capital turnover, and profitability ratios using Net Profit Margin (NPM). The research results show that efficient use of working capital can increase company profitability. The results of data analysis from the assessment of each ratio can be concluded that the liquidity ratio using the current ratio calculation can be said to be quite good during the 2019-2023 period. The activity ratio using working capital turnover calculations is said to be good during the 2019-2021 period, but in the 2022-2023 period the activity ratio is categorized as not good. Profitability ratios using NPM obtained fluctuating results during the 2019-2023 period. The company's NPM in 2019-2021 was efficient, but in 2022-2023 the company's NPM was categorized as inefficient.
The Effect of Entrepreneurship Learning and Motivation on Entrepreneurial Interest: The Role of Creativity as an Intervening Variable Bahri, Alim; Haddar, Gamar Al; Wati, Indah; Imran, Un Dini; Diarra, Salim
Pinisi Journal of Entrepreneurship Review Vol. 1 No. 3 (2023): Pinisi Journal of Entrepreneurship Review (November 2023)
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62794/pjer.v1i3.1075

Abstract

This study aims to determine the direct effect and indirect effect of entrepreneurship learning and motivation on entrepreneurial interest through creativity as a student intervening variable. The research method used in this research is quantitative. The population in this study were all active students of the entrepreneurship study program with a sample of 100 students. directly entrepreneurship learning and motivation have a significant effect on entrepreneurial interest in entrepreneurship study program students. But for the effect of entrepreneurship learning and motivation on creativity there is no significant effect. While indirectly, entrepreneurship learning and motivation affect entrepreneurial interest through creativity. This research can be a reference for teaching staff or lecturers to be able to direct and guide students regarding the development of entrepreneurial interest, students are expected to deepen their interest in business management so that they are not focused on the knowledge produced, but also able to do business and develop it.
The Impact of Entrepreneurship Education and Motivation on Entrepreneurial Intentions: Creativity as a Mediating Factor Rachmadana, Satria Lintang; Diarra, Salim
Pinisi Journal of Entrepreneurship Review Vol. 2 No. 3 (2024): Pinisi Journal of Entrepreneurship Review (November 2024)
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62794/pjer.v2i3.4031

Abstract

This study explores the impact of entrepreneurship education and motivation on students' entrepreneurial intentions, with creativity serving as a mediating factor. The research adopts a quantitative approach, focusing on how these elements influence entrepreneurial interest among students in an entrepreneurship study program. The findings indicate that both entrepreneurship education and motivation have a direct and significant impact on students' entrepreneurial intentions. However, the study also reveals that while entrepreneurship education and motivation are crucial, their effect on creativity does not show a significant direct influence. Nonetheless, creativity does play an important indirect role, mediating the relationship between entrepreneurship education, motivation, and entrepreneurial interest. These insights can be valuable for educators and lecturers, highlighting the need to guide and inspire students not only in gaining knowledge but also in fostering a genuine interest in business management. This approach ensures that students are equipped with the necessary skills and motivation to pursue and develop their own business ventures, thereby enhancing their entrepreneurial potential.
How Do Entrepreneurship Education, Innovation, and Subjective Norms Influence Entrepreneurial Interest Through Self-Confidence Among University Students? Isma, Andika; Diarra, Salim
Pinisi Journal of Entrepreneurship Review Vol. 3 No. 1 (2025): Pinisi Journal of Entrepreneurship Review (March 2025)
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62794/pjer.v3i1.7717

Abstract

In today’s complex global environment, entrepreneurship plays a crucial role in driving economic growth and creating job opportunities. Recent trends show that young generation, particularly university students, hold significant potential to become future entrepreneurs. However, in Indonesia, the level of entrepreneurial interest among students remains relatively low compared to that in developed countries. This highlights the urgency to develop a supportive entrepreneurial ecosystem, especially within higher education. This study aims to investigate the direct and indirect effects of entrepreneurship education, innovation, and subjective norms on entrepreneurial interest, with self-confidence as a mediating variable. A quantitative explanatory approach was used, involving 103 students selected through proportional random sampling from a public university. Data was collected via an online structured questionnaire and analyzed using path analysis techniques. The results indicate that entrepreneurship education, innovation, and subjective norms significantly influence entrepreneurial interest both directly and indirectly through self-confidence. Self-confidence also demonstrates a significant mediating role, enhancing the pathway from psychological and contextual factors to entrepreneurial interest. These findings provide actionable insights for educators and policymakers to design more comprehensive entrepreneurship programs that foster innovation and psychological readiness. Encouraging self-confidence among students could be a key strategy to bridge the gap between entrepreneurial potential and interest in higher education.
Permasalahan Kasus Bank Century Beserta Penyelesaian: Permasalahan Kasus Bank Century Beserta Penyelesaian Putra, Saiful Aminudin Al Kusuma; Diarra, Salim; Yaqin, Mohamad Ainul; Asmawan, Yudhi Ferdi Andri; Hamiduddin, Ahmad Yahya; Hikmah, Nuril
REMB : Research Economics Management and Business Vol 3 No 2 (2025): REMB : Research Economics Management and Business
Publisher : Universitas Pendidikan Muhammadiyah Sorong

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36232/remb.v3i2.1993

Abstract

Krisis keuangan global pada tahun 2008 memberikan dampak yang serius terhadap sektor perbankan nasional, salah satunya ditandai dengan kasus Bank Century. Bank ini mengalami permasalahan likuiditas dan solvabilitas yang berakhir pada penarikan dana nasabah secara terburu-buru, sehingga ditetapkan sebagai bank gagal berdampak sistemik oleh Komite Stabilitas Sistem Keuangan (KSSK). Penelitian ini bertujuan untuk menganalisis strategi penyelamatan Bank Century, penerapan Good Corporate Governance (GCG), serta peran inovasi digital dalam upaya memperkuat ketahanan sistem perbankan di Indonesia. Metode penelitian yang digunakan adalah deskriptif kualitatif dengan pendekatan studi kasus, menggunakan data sekunder dari dokumen resmi, laporan lembaga keuangan, dan literatur akademik. Hasil penelitian menunjukkan bahwa penyelamatan Bank Century dilakukan melalui pemberian Fasilitas Pendanaan Jangka Pendek (FPJP), pengambilalihan oleh Lembaga Penjamin Simpanan (LPS), penempatan manajemen, serta pengalihan aset dan liabilitas kepada bank perantara. Selain itu, penerapan prinsip-prinsip GCG dan penguatan inovasi digital menjadi langkah strategi untuk meningkatkan efisiensi, transparansi, dan daya saing perbankan nasional. Kasus Bank Century menjadi pelajaran penting bagi otoritas keuangan dalam membangun sistem perbankan yang sehat dan tangguh menghadapi risiko sistemik.
Entrepreneurship Education and Entrepreneurial Intention: The Moderating Roles of Financial and Entrepreneurial Literacy in Higher Education Hasyim, Sitti Hajerah; Isma, Andika; Dewantara, Hajar; Diarra, Salim
Quantitative Economics and Management Studies Vol. 6 No. 5 (2025)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems4349

Abstract

This study investigates whether and how entrepreneurship education (EE) shapes university students’ entrepreneurial intention (EI) in Makassar, Indonesia, focusing on the roles of financial literacy (FL) and entrepreneurial literacy (EL). We conducted a cross-sectional survey of students who had taken entrepreneurship-related courses. Regression-based path analysis was used to estimate direct effects from EE to EI and to test capability-building links from EE to FL and EL. We examined both indirect (mediation) effects via FL and EL using bootstrapped estimates and the conditional (moderation) influence of FL and EL on the EE→EI relationship. EE exerts a positive and significant direct effect on EI (β = 0.276, p < .001). EE also predicts higher levels of FL and EL, and each literacy is positively associated with EI. Indirect-effect tests indicate partial mediation: EE increases EI in part because it builds FL and EL, which subsequently elevate intention. In addition, higher levels of FL and EL strengthen the EE→EI link, consistent with a conditional (moderation) role for these literacies. EE is most impactful when it is competence-rich. Embedding structured financial planning, market validation, and venture design practices into EE—paired with authentic assessments (e.g., pro formas, MVPs, incubator sprints)—should yield larger gains in EI than theory-only formats. By jointly modeling capability-building (mediation) and capability-amplifying (moderation) roles of FL and EL, this study clarifies how and when EE translates into stronger entrepreneurial intention in an emerging-market higher-education context.
Factors Influencing the Entrepreneurial Interest of the Young Generation: An Empirical Review on Student Entrepreneurs Suryadi, Irwan; Isma, Andika; Diarra, Salim
Indonesian Journal of Business and Entrepreneurship Research Vol. 2 No. 1 (2024): Vol. 2, No. 1, January 2024: Indonesian Journal of Business and Entrepreneurshi
Publisher : Fakultas Ekonomi dan Bisnis Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62794/ijober.v2i1.1441

Abstract

In facing the era of global development and increasingly complex market demands, entrepreneurial interest among students is an important concern. The purpose of this research is to analyze the factors that influence student entrepreneurial interest. This study uses a qualitative approach that is descriptive analysis. The data collection techniques used are observation, interview, and documentation techniques. The research subjects amounted to 5 people consisting of students who are active and have a business. The results showed that there are five factors that can affect entrepreneurial interest, namely, income factors, family environment, community environment, entrepreneurship education and motivational factors. But of the five fakor the most influential is the income factor. Entrepreneurship can provide an opinion that can be used to meet the needs of his life, the desire to earn income that can lead to a person's entrepreneurial interest. The results of this study contribute relevant empirical thinking in understanding the factors driving entrepreneurial interest among students. Thus, this research is expected to be the basis for the development of strategies and supporting policies to increase entrepreneurial interest in the college environment.
Mapping Competitive Advantage in Competitive Markets: Analysis on the Creative Industry Sector in Southeast Asia Fatmawati, Fatmawati; Nurbayani, Sri Undai; Isma, Andika; Alisyahbana, Andi Naila Quin Azisah; Diarra, Salim
Daengku: Journal of Humanities and Social Sciences Innovation Vol. 5 No. 5 (2025)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.daengku4473

Abstract

This study conducts a ten-year systematic mapping of competitive advantage within Southeast Asia’s creative industries, synthesizing insights from interdisciplinary literature to identify the key drivers shaping competitiveness in the region. The findings reveal that competitive advantage has shifted from traditional determinants toward an integrated model driven primarily by digital capability, innovation dynamics, and ecosystem support. Digital capability emerges as the most influential factor, enabling firms to enhance visibility, accelerate market reach, and adapt to rapidly changing platform environments. Innovation capability and dynamic organizational competencies further strengthen long-term competitiveness by facilitating continuous renewal, creative experimentation, and strategic resource reconfiguration. The analysis also highlights the central role of ecosystem governance, particularly public policy, infrastructure readiness, and institutional coordination in shaping industry performance. Countries with well-developed creative ecosystems, such as Singapore and Malaysia, demonstrate higher innovation maturity and digital integration, while others rely more heavily on community-driven or informal creative clusters. Platform-based competition and the rise of creator-led economies introduce new logics of value creation, emphasizing algorithmic mastery, content interactivity, and community engagement as key competitive mechanisms. Sustainability and cultural differentiation play equally significant roles, as creative firms increasingly integrate ethical practices, cultural authenticity, and collaborative partnerships to strengthen long-term relevance. Overall, the study concludes that competitive advantages in Southeast Asia’s creative industries is formed through the synergy of digital capability, innovation, ecosystem structures, cultural assets, and sustainability. These findings underscore the need for targeted policies, regional collaboration, and strategic digital development to position Southeast Asia as a globally competitive creative hub.
Gold Price Dynamics and Earnings Performance in a Non-Bank Gold-Backed Finance Firm Hasyim, Sitti Hajerah; Azis, Fajriani; Diarra, Salim
Fundamental and Applied Management Journal Vol. 3 No. 1 (2025): FAMJ, June 2025
Publisher : PT. Lontara Digitech Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61220/famj.v1i1.20252

Abstract

This study examines whether benchmark gold prices affect profit achievement in a state-owned pawn and gold-financing company. Using branch-level financial statements for 2018–2022, we estimate a single-factor ordinary least squares model to test the association between gold price movements and profitability. The results show a positive and statistically significant relationship, indicating that higher gold prices are associated with improved profits—consistent with collateral value uplift, trading spreads, and product demand dynamics in gold-backed lending. Managerially, the findings suggest the need for agile pricing policies, transparent customer communication on gold price pass-through, and strengthened risk management to handle volatility. The study contributes firm-level evidence on price–profit linkages in gold-backed retail finance. Limitations include a single-firm, single-factor design; future research should incorporate cost structures, fee income, macroeconomic controls, and asymmetric/lagged effects to better map the transmission from commodity prices to financial performance.
Linking Entrepreneurial Traits and Family Support to Business Autonomy: The Role of Entrepreneurial Behavior in Higher Education Contexts Aulia, Intan; Khatimah, Khusnul; Isma, Andika; Dewantara, Hajar; Diarra, Salim
Journal of Economics, Entrepreneurship, Management Business and Accounting Vol 3 No 2 (2025): Volume 3, Issue 2, May 2025
Publisher : CV. Sakura Digital Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61255/jeemba.v3i2.585

Abstract

This study aims to analyze the influence of entrepreneurial traits and family support on business autonomy through entrepreneurial behavior among students of the Faculty of Economics at Universitas Negeri Makassar. Strong entrepreneurial traits combined with consistent family support are expected to foster higher levels of entrepreneurial behavior, which in turn contributes to the development of business autonomy among students. A quantitative approach was employed, involving 101 respondents selected through proportional random sampling across various study programs within the Faculty of Economics and Business. Data were collected via online questionnaires and analyzed using the Statistical Package for the Social Sciences (SPSS), including descriptive analysis, validity and reliability testing, and path analysis. The findings are expected to provide scientific contributions to the field of entrepreneurship, particularly in understanding how individual and environmental factors influence student business independence. Furthermore, the study aims to offer practical recommendations for universities, policymakers, and stakeholders in designing programs that enhance students’ interest and capacity for entrepreneurship.