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Studi Empiris Good Corporate Governance (GCG) dan Tata Kelola Keuangan: Ukuran Perusahaan Sebagai Variabel Kontrol Asrudin Hormati; Nurdin Nurdin; Rinto Syahdan; Irfandi Buamonabot
Society Vol 10 No 1 (2022): Society
Publisher : Laboratorium Rekayasa Sosial, Jurusan Sosiologi, FISIP Universitas Bangka Belitung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33019/society.v10i1.257

Abstract

This research explores Good Corporate Governance (GCG) and financial governance by using firm size as a control variable. In particular, this study provides empirical evidence that firm size is a control variable. The sample in this research is companies in the Hotel and Tourism sector listed on the Indonesia Stock Exchange (IDX) period 2013-2018. Data analysis using panel data. The results revealed that of the five proposed hypotheses, only two were accepted. The results show that company size does not fully control the independent variable in this research.
The Role of Financial Inclusion Mediation and Technological Innovation in The Relationship Between CEO (Chief Executive Officer) Financial Literacy and Msme Performance Kalya Meidina; Gregorius Jeandry; Asrudin Hormati
Journal of International Conference Proceedings Vol 8, No 5 (2025): ICEBAT Manado 2025
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v8i5.4366

Abstract

This study examines the influence of CEO financial literacy on the performance of Micro, Small, and Medium Enterprises (MSMEs) by analyzing the mediating roles of financial inclusion and technological innovation. The research is motivated by the limited empirical evidence on how managerial financial competence affects MSME competitiveness in developing economies such as Indonesia. Using a quantitative approach, data were collected through structured questionnaires distributed to 100 MSME CEOs in Ternate and analyzed using the Structural Equation Modeling–Partial Least Squares (SEM-PLS) technique. The results indicate that CEO financial literacy has a positive and significant impact on MSME performance. However, financial inclusion was found to be an insignificant mediator, suggesting that access to financial services has not been optimally utilized for productive activities. In contrast, technological innovation significantly mediates the relationship between CEO financial literacy and MSME performance, demonstrating that financially literate CEOs are more likely to adopt digital technologies that enhance efficiency and competitiveness. The findings underscore the strategic importance of strengthening financial literacy and digital transformation among MSMEs to sustain long-term growth and resilience
The Impact of Regional Original Revenue, Regional Transfer Funds, Capital Expenditures, and Regional Government Surplus on Economic Growth Rattih A Ajuan; Asrudin Hormati; Sheila Kusumaningrum
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.v6i6.8729

Abstract

This study aims to analyze the effect of local original income, transfer funds to regions, capital expenditure and silpa of local governments of regencies/cities in North Maluku Province in 2021-2024. The sample in this study was 40 samples taken using saturated sampling techniques. The analysis tool used was multiple linear regression analysis of panel data using Eviews 13 as a statistical test tool. The results of the study showed that: (1) local original income did not affect economic growth, (2) transfer funds to regions did not affect economic growth, (3) capital expenditures