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Pengaruh Struktur Modal, Kebijakan Deviden dan Liuiditas Terhadap Harga Saham Dimoderasi oleh Ukuran Perusahaan Kevin Apri Wicaksono; Dwi Ermayanti Susilo
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 7 No. 2 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v7i2.6791

Abstract

This study investigates the impact of capital structure, dividend policy, and liquidity on stock prices, with company size functioning as a moderating variable for companies listed on the Indonesia Stock Exchange.The research method used is descriptive with a quantitative approach. Data collection was conducted using purposive sampling with data from 10 companies that consistently appeared on the IDX 30 list during the research period. Based on the research results, it can be concluded that capital structure, dividend policy, and liquidity have a significan
Analisis Penyajian Laporan Keuangan Sebelum dan Sesudah Penerapan SAK Syariah: Studi Kasus pada KSPPS BMT NU Jombang Aulia Azzahro Putri; Dwi Ermayanti Susilo
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 8 No. 1 (2026): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v8i1.11175

Abstract

This study aims to analyze the presentation of financial statements before and after the implementation of Sharia Financial Accounting Standards (SAK Syariah) at KSPPS BMT NU Jombang. The research employs a qualitative approach using a case study method, with data collected through interviews, observations, and financial document analysis. The analysis focuses on differences in the completeness of financial statement components, conformity of reporting formats, account classification, and the extent of disclosure before and after the implementation of SAK Syariah. The findings indicate that prior to the adoption of SAK Syariah, financial statements were presented in a simplified manner. After the implementation, financial statements were prepared more comprehensively and systematically in accordance with Sharia Accounting Standards, including cash flow statements, statements of changes in equity, and notes to the financial statements. The application of SAK Syariah enhances transparency, comparability, and decision usefulness of financial information. Therefore, this study highlights the crucial role of SAK Syariah in improving the quality of financial statement presentation in sharia cooperatives.
PENGENALAN PAYMENT GATEWAY SEBAGAI ALTERNATIF PEMBAYARAN DAN DIGITALISASI PENCATATAN KAS PADA DYARALARASATI WEDDING ATTIRE JOMBANG Irea Arrahima; Nurianah; Beni Sucipto; Dwi Ermayanti Susilo
COMVICE: Journal Of Community Service Vol. 10 No. 1 (2026): April (2026)
Publisher : ITEBIS PGRI Dewantara Jombang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26533/comvice.v10i1.1534

Abstract

This community service program was implemented in response to the low adoption of digital financial systems among MSMEs in the service sector, particularly wedding attire rental businesses, which have high transaction volumes but still rely on cash payments and manual cash recording. This situation risks operational inefficiencies, recording errors, and limited data-driven decision-making. This activity aims to introduce payment gateway-based payment alternatives and implement digital cash recording at the Dyaralarasati Jombang Wedding Attire. The service method was implemented through outreach, application training, direct mentoring, and achievement evaluation. An integrative approach that connects digital payment acceptance systems with daily cash recording in a single financial management flow demonstrates increased partner understanding of selecting a payment gateway that suits the nature of the business and the ability to perform more accurate, transparent, and real-time digital cash recording. This implementation is expected to strengthen the financial resilience of MSMEs and enhance their business readiness for the digital economy ecosystem.
The Influence of Business Risk and Corporate Governance on Share Prices with Moderating Variables Dividend Policy in Banking Companies Listed on the Indonesian Stock Exchange in 2021-2023 Rachel Nayna Sofyamitha; Dwi Ermayanti Susilo
Journal of Social Science Utilizing Technology Vol. 2 No. 4 (2024)
Publisher : Yayasan Adra Karima Hubbi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/jssut.v2i4.1627

Abstract

Background. Share prices reflect the performance and investors' perceptions of company prospects, including those in the banking sector. Business risk and corporate governance influence share prices, while dividend policy can strengthen or weaken this relationship. This research is important to understand these dynamics in banking companies listed on the IDX during the 2021-2023 period, considering the post-pandemic economic challenges. Purpose. This research aims to examine the influence of business risk and corporate governance on share prices with the moderating variable dividend policy in banking companies listed on the Indonesian Stock Exchange in 2021-2023. The stock market reflects investors' expectations and perceptions of company performance through share price movements. Method. This research uses a quantitative approach based on positivistic philosophy, which focuses on measuring and testing phenomena empirically. This approach emphasizes that a phenomenon is considered to exist if it can be proven through measurable data. Therefore, the analysis was carried out objectively using quantitative data. This aims to ensure the validity and accuracy of research results. This research uses data from 47 banking companies listed on the Indonesia Stock Exchange. Sample selection was carried out using a purposive sampling method based on certain criteria. As a result, 25 companies were obtained that met the criteria for further analysis. This data is the basis for evaluating the relationship between variables in the study. Results. The results of this research show that: 1) Business Risk has a negative effect on stock prices, 2) Corporate Governance has a negative effect on stock prices, 3) Business Risk has a negative effect on dividend policy, 4) Corporate Governance has a negative effect on dividend policy, 5) Dividend policy weakens the influence of business risk on share prices, and 6) Dividend Policy weakens the influence of Corporate Governance on share prices. Conclusion. Business risk and corporate governance influence stock prices, with dividend policy as a moderating variable. Good corporate governance creates transparency and supports share price stability. A consistent dividend policy provides a positive signal to investors, strengthening the relationship with share prices.