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Analysis of financial performance budget absorption in production forest areas in Karawang regency Supriyadi, Didit; Yudianto, Yosep; Kapriyanti, Mayadita; Nugroho, Kukuh Wahyu
JPPI (Jurnal Penelitian Pendidikan Indonesia) Vol 10, No 1 (2024): JPPI (Jurnal Penelitian Pendidikan Indonesia)
Publisher : Indonesian Institute for Counseling, Education and Theraphy (IICET)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29210/020243681

Abstract

The aim of this research is to investigate and identify the relationship and influence between several key factors on budget absorption and financial performance in the production forest area of Karawang Regency. This research explores it comprehensivelyand analyze the causal relationship between budget planning, budget implementation, and the government's internal control system on budget absorption, as well as the impact of budget absorption on financial performance. The research method used was a quantitative description technique involving 200 respondents as samples. Path analysis is used as a quantitative data analysis tool in this research. The research results revealed several significant findings regarding the influence of certain factors on aspects of budget absorption and financial performance in production forest areas in Karawang Regency. First, budget planning is proven to have a significant impact on budget absorption in the forestry production area. Second, budget compliance is also closely related to budget absorption, especially in the Karawang production forest area. Third, the government's internal management system also influences budget absorption in the region. Furthermore, the fourth finding shows that budget absorption has contributed to financial performance in the Karawang production forest area. In addition, research highlights the mediating role of budget absorption, where budget absorption functions as a link between budget planning and financial performance, between household implementation and financial performance, as well as between the government's internal management system and financial performance. Thus, these findings provide in-depth insight into the complex relationship between these factors and highlight the central role of budget absorption in achieving optimal financial performance in the Karawang Regency production forest area.
The Influence of DER, ROA, EPS, and NPM on Stock Prices in IDX ENERGY Sector Companies in 2017–2022 Yudianto, Yosep; Kuswandi, Sony; Sandi Yudha, Haris
International Journal of Economics, Management and Accounting (IJEMA) Vol. 3 No. 1 (2025): June
Publisher : Lafadz Jaya Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/ijema.v3i1.299

Abstract

This study aims to analyze the influence of Debt-to-Equity Ratio (DER), Return on Assets (ROA), Earnings per Share (EPS), and Net Profit Margin (NPM) on stock prices of energy sector companies listed on the Indonesia Stock Exchange (IDX) during the period 2017–2022. A quantitative approach with an explanatory method was employed in this study. The research sample consisted of 26 companies selected through purposive sampling, resulting in a total of 156 annual observations. Secondary data were obtained from annual financial reports published on the official websites of IDX. Data analysis was conducted using multiple linear regression with the help of SPSS, along with classical assumption testing to ensure model validity. The results indicate that simultaneously, the four independent variables have a significant effect on stock prices. Partially, DER has a negative and significant effect, ROA and EPS have positive and significant effects, while NPM does not significantly influence stock prices. The adjusted R² value of 0.392 implies that 39.2% of the variation in stock prices can be explained by this model. These findings reinforce the relevance of financial ratios as tools for fundamental stock analysis. The practical implication of this study encourages corporate management to enhance asset efficiency and earnings per share performance to attract investors. The study also contributes theoretically to the development of stock valuation models based on financial ratios in the energy sector.
The Economic Blueprint of Prabowo and Gibran: Prospects and Challenges for Indonesia’s Development Kurniasih, Nunung; Yudianto, Yosep
SINOMIKA Journal: Publikasi Ilmiah Bidang Ekonomi dan Akuntansi Vol. 3 No. 6 (2025)
Publisher : CV. Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/sinomika.v3i6.2466

Abstract

The economic blueprint presented by Prabowo Subianto and Gibran Rakabuming Raka focuses on reshaping Indonesia’s economy through industrialization, agricultural revitalization, and technological advancements. This vision aims to reduce Indonesia’s dependency on foreign goods and services, enhance domestic production, and leverage digital innovation to create a competitive global presence. The administration’s plan includes revitalizing the agricultural sector, fostering local industries, and embracing digital transformation to boost economic productivity and innovation. While their economic policies present significant growth potential, challenges such as regional inequality, infrastructure deficits, and securing sustainable financing remain critical. This article explores the prospects of their proposed economic framework and the difficulties they may encounter in transforming Indonesia into a self-reliant, digitally advanced, and globally competitive nation. By evaluating Prabowo and Gibran’s policy vision, this study assesses the long-term viability of their strategies and their potential impact on Indonesia's economic development.
Analysis of financial performance budget absorption in production forest areas in Karawang regency Supriyadi, Didit; Yudianto, Yosep; Kapriyanti, Mayadita; Nugroho, Kukuh Wahyu
JPPI (Jurnal Penelitian Pendidikan Indonesia) Vol. 10 No. 1 (2024): JPPI (Jurnal Penelitian Pendidikan Indonesia)
Publisher : Indonesian Institute for Counseling, Education and Theraphy (IICET)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29210/020243681

Abstract

The aim of this research is to investigate and identify the relationship and influence between several key factors on budget absorption and financial performance in the production forest area of Karawang Regency. This research explores it comprehensivelyand analyze the causal relationship between budget planning, budget implementation, and the government's internal control system on budget absorption, as well as the impact of budget absorption on financial performance. The research method used was a quantitative description technique involving 200 respondents as samples. Path analysis is used as a quantitative data analysis tool in this research. The research results revealed several significant findings regarding the influence of certain factors on aspects of budget absorption and financial performance in production forest areas in Karawang Regency. First, budget planning is proven to have a significant impact on budget absorption in the forestry production area. Second, budget compliance is also closely related to budget absorption, especially in the Karawang production forest area. Third, the government's internal management system also influences budget absorption in the region. Furthermore, the fourth finding shows that budget absorption has contributed to financial performance in the Karawang production forest area. In addition, research highlights the mediating role of budget absorption, where budget absorption functions as a link between budget planning and financial performance, between household implementation and financial performance, as well as between the government's internal management system and financial performance. Thus, these findings provide in-depth insight into the complex relationship between these factors and highlight the central role of budget absorption in achieving optimal financial performance in the Karawang Regency production forest area.