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Analysis of Stock Intrinsic Value and Projection of Financial Statements through a fundamental analysis approach to PT. Fast Food Indonesia, Tbk in 2022. Wulandari, Futri Ayu
Journal of Scientific Research, Education, and Technology (JSRET) Vol. 2 No. 2 (2023): Vol. 2 No. 2 2023
Publisher : Kirana Publisher (KNPub)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58526/jsret.v2i2.165

Abstract

This study aims to determine the intrinsic value of PT. Fast Food Indonesia, TBK using the residual profit valuation model which can determine the value of equity at that time as the sum of the current book value and the present value of the estimated residual income in the future. This study uses a descriptive quantitative approach in presenting the results of the analysis. The data source in this study is the annual financial report of PT. Fast food Indonesia, Tbk in 2021 and 2022. Data collection techniques in this study used observation and documentation techniques. This research shows that the result of the projection is the intrinsic value of PT. Fast Food Indonesia Tbk in 2022 is Rp. 1.70 which was found based on the calculation of the prospective analysis in the residual profit valuation model (Residual Income Model). It was recorded that until the end of December 2022 the share price of PT. Fast Food Indonesia, Tbk is Rp. 820. So it can be concluded that the value of PT. Fast Food Indonesia, Tbk is overvalued or the stock market price is higher than the intrinsic value of the stock. Keywords: Stock instruction value, Financial statement, prospective analysis, financial ratio
Behavioral Aspects Approaches in Encouraging Green Accounting Practices for MSMEs In West Sulawesi: Spirituality and Kalindaqdaq Perspective Galib, Abdul; Wulandari, Futri Ayu; Ariyandani, Nur
Economics and Business Journal (ECBIS) Vol. 3 No. 1 (2024): November
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v3i1.156

Abstract

The issue of environmental sustainability for the UMKM sector is new considering that the emphasis on green accounting practices has focused on large companies that are listed as publicly listed companies. In the context of sustainable business practices, policies that specifically promote the implementation of green accounting among UMKM are still limited. The purpose of this study is to identify and examine the determinants of behavioural aspects in encouraging awareness of UMKM green accounting practices in West Sulawesi from the perspective of spirituality and Kalindaqdaq Mandar culture. The research method used in this research is a mix method with a concurrent model to analyse quantitatively and qualitatively simultaneously. The quantitative method with the Partial Least Square (PLS) approach was conducted to test the Theory of Planned Behaviour (TPB) in green accounting practices. The results of this study indicate that UMKM players in West Sulawesi have not yet carried out green accounting practices but in general they already have the intention to practice green accounting. Another finding is that government policies can encourage green accounting practices so that the government needs to pay attention to the importance of regulations governing the obligation of UMKM players to carry out green accounting practices, awareness of green accounting practices that are early owned by UMKM can encourage the practice of awareness of green accounting practices in the future
Analysis of Sustainable Cultural Tourism Development in Mamasa Regency: Promotion Strategy and Distinctiveness Rivai, Dian Rahmayanti; Wulandari, Futri Ayu; Irawati
Economics and Business Journal (ECBIS) Vol. 3 No. 2 (2025): January
Publisher : PT. Maju Malaqbi Makkarana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ecbis.v3i2.176

Abstract

Research Aims: The development of sustainable cultural tourism is influenced by several factors, namely the promotion strategy and the distinctiveness of a tourist destination. This research aims to identify and test aspects of promotion strategy and distinctiveness in the analysis of sustainable cultural tourism development in Mamasa Regency through aspects of promotion strategy and distinctiveness. Design/methodology/approach: This research tends to have a qualitative approach and uses an in-depth interview method with an interview guide. This research utilizes Nvivo 14 as the software employed for data analysis, validity testing, and drawing research conclusions. Additionally, to measure validity in this study, triangulation techniques were used. Research Findings: The results of this research show that the development of sustainable cultural tourism in Mamasa Regency requires a careful approach to promoting and utilizing cultural uniqueness. With an effective and sustainable promotional strategy, and using cultural uniqueness as the main attraction, Mamasa Regency can position itself as a superior and attractive cultural tourism destination. Theoretical Contribution/Originality: This research seeks to identify what is needed for planning in organizing and managing the tourism sector to provide maximum contribution to the Mamasa region. Therefore, two aspects are examined: promotion strategies and distinctiveness in the development of cultural tourism.
Digital revolution: Capital and Sales on the Profitability Ratio of MSMEs in Majene Wulandari, Futri Ayu; Ariyandani, Nanda; Ayuandiani, Wulan
Jurnal Proaksi Vol. 11 No. 4 (2024): Oktober - Desember 2024
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Cirebon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32534/jpk.v11i4.6496

Abstract

Companies seek to maximize performance to retain new investors Existing investors want to increase investment in working capital and current fortunes. Profit is an important goal for companies to grow Business growth. This study focuses on the financial performance of MSMEs (Micro, Small, and Medium Enterprises) in the Majene Regency area, specifically looking at working capital and sales volume. A quantitative approach using a descriptive methodology was the research methodology employed. The study collected data from 30 MSMEs through a Roscoe technique. The data was then analyzed using multiple regression statistical tests. According to the findings, when taken into account jointly, working capital and sales volume significantly and favorably impact profitability. However, when considered individually, the increase in working capital was found to have an insignificant positive impact on profitability, while the increase in sales volume was found to have a positive and significant effect. In order to increase firm profitability, the report recommends that MSMEs in the Majene Regency concentrate on growing sales volume and making the most use of working capital.
Pengaruh Penganggaran Partisipatif dan Komitmen Tujuan Anggaran terhadap Kinerja Manajerial pada Pemerintah Desa Yogyakarta Yusuf, Abdurrahman Maulana; Pageno, Arie Mahardika; Wulandari, Futri Ayu; Basuki, Hardo
Jurnal Ekonomi Syariah Mulawarman (JESM) Vol. 3 No. 3 (2024): Jurnal Ekonomi Syariah Mulawarman
Publisher : Fakultas Ekonomi dan Bisnis Universitas Mulawarman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/jesm.v3i3.2819

Abstract

Penelitian ini fokus pada pengujian penganggaran partisipatif dan komitmen tujuan anggaran terhadap kinerja manajerial pada instansi pemerintah desa melalui pendekatan empiris. Populasi penelitian terfokus pada pemerintah desa di Daerah Istimewa Yogyakarta, dengan menggunakan data primer yang dikumpulkan melalui kuesioner dan dianalisis menggunakan metode analisis jalur Pada penelitian ini terdapat yakni sampel dikumpulkan sebanyak 164 kuesioner dari para aparatur desa yang telah dikembalikan, lalu penelitian ini diolah menggunakan metode analisis dengan teknik pendekatan partial least squares. Variabel independen yang digunakan yakni penganggaran partisipatif dan komitmen tujuan anggaran. Sedangkan kinerja manajerial sebagai variabel dependen. Hasil penelitian menunjukkan bukti empiris bahwa penganggaran partisipatif dan komitmen terhadap tujuan anggaran memiliki pengaruh yang signifikan terhadap kinerja manajerial, khususnya dalam konteks pemerintahan desa.
The Contribution of Fintech to Strengthening SME Financing Access: Evidence from Majene Regency Syamsuddin, Fajar Rakasiwi; Said, Samsuardi; Riva'i, Dian Rahmayanti; Anfas, Anfas; Wulandari, Futri Ayu
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 6 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v6i6.9283

Abstract

The rapid growth of financial technology (fintech) has brought significant changes to access to financing for small and medium enterprises (SMEs) in Indonesia, particularly in areas with limited conventional banking services. This study aims to analyse the impact of fintech on improving SME access to financing in Majene Regency, West Sulawesi. Using a mixed methods approach, quantitative data was collected from 165 SME actors through structured questionnaires, while qualitative data was obtained through in-depth interviews with selected informants. The variables examined included ease of use, fintech service features, and access to financing, which were analysed using multiple linear regression (SPSS 27) and thematic analysis (NVivo). The results showed that ease of use and fintech service features had a significant positive effect on SME access to financing. The majority of respondents stated that fintech applications—especially QRIS and digital wallets—greatly facilitated transactions and business management. However, there are still obstacles in the form of uneven digital literacy and unstable network infrastructure, so that the use of digital financing features is not yet optimal. This study concludes that the development of inclusive and user-friendly fintech solutions, accompanied by broader digital literacy programmes, is crucial to maximising the role of fintech in supporting regional SMEs. These findings have important implications for fintech providers, local governments, and policymakers in designing effective strategies to strengthen SME growth through digital financial inclusion.