Claim Missing Document
Check
Articles

Found 4 Documents
Search

Capital Structure Adjustment Speed in Indonesia: Does Sharia Compliance Matter? Arum Pujiastuti; Saefudin Saefudin; Rizki Dini Shandra Yunita; Yuni Astuti
Shirkah: Journal of Economics and Business Vol 7, No 3 (2022)
Publisher : IAIN Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/shirkah.v7i3.483

Abstract

Leverage Speed of Adjustment (henceforth SOA) has previously been studied by researchers; however, the examination of its connection with sharia law has been overlooked. The majority of the literature currently in circulation comes from the Middle East and North Africa (MENA) region and Malaysian markets, so its implications for businesses in Indonesia may not be applicable given local regulations and cultural norms. This study investigates the distinction in the debt levels and the SOA of firms in Indonesia based on compliance to sharia law. The Two-step Generalized Method of Moment (GMM) model was used to calculate the SOA in the leverage model. We discover that sharia compliance plays a role in stimulating the Indonesian firm’s level of debt and leverage SOA. To put it more precisely, sharia firms use less debt and have a slower SOA than conventional firms. Overall, Indonesian firms implement the dynamic trade-off theory in their leverage framework. Instead of relying on conventional debt, which is only available at certain levels, sharia firms must issue Islamic debt instruments to accelerate the speed of adjustment. Even after a robustness test using various sharia compliance approaches, our results remained consistent.
PEMODELAN LOYALITAS PENGGUNA APLIKASI OVO DI KOTA MALANG: PERAN KUALITAS LAYANAN DAN CITRA MEREK DENGAN KEPUASAN SEBAGAI PEMEDIASI Kumala, Imtinan Widhah; Saefudin, Saefudin; Adibatunabillah, Suko Rina
JURNAL MANAJEMEN DAKWAH Vol. 9 No. 1 (2023)
Publisher : UIN Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jmd.2023.91.06

Abstract

The increasing number of e-money users makes business competition in the industry increasingly tight. This has an impact on decreasing the number of users on the OVO application. This research aims to analyze the influence of service quality and brand image on loyalty among OVO users in Malang City with user satisfaction as a mediating variable. This research is causality research with sampling using a purposive sampling approach. The number of samples that met the criteria was 303 respondents who were OVO users in Malang City. Data analysis was tested statistically via AMOS with the criteria P-Value ≤ 0.05. The research results prove that service quality and brand image partially have a significant effect on user satisfaction and loyalty. User satisfaction has been proven to have a significant effect on user loyalty. Mediationally, the research results prove that satisfaction is able to mediate the relationship between service quality and user loyalty. Furthermore, satisfaction is able to mediate the relationship between brand image and user loyalty.
THE INFLUENCE OF SPIRITUAL LEADERSHIP ON EMPLOYEE PERFORMANCE IN SHARIA BANKS: QUALITY OF WORK LIFE (QWL) AND JOB SATISFACTION AS A MEDIATOR Saefudin, Saefudin; Novitaningtyas, Ivo; Muh Nurul Huda; Suko Rina Adibatunabillah
JURNAL MANAJEMEN DAKWAH Vol. 10 No. 1 (2024)
Publisher : UIN Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jmd.2024.101.04

Abstract

The performance of sharia banking in Indonesia has decreased during the Covid-19 pandemic. Moreover, the Covid-19 pandemic situation can increase mental and emotional pressure on employees at the office, as well as in Sharia banking. Therefore, it is necessary to increase leadership that is based on principles Islamic ethics in the context of Sharia banking to improve employee performance. This research aims to analyze banking performance Sharia in Indonesia through the development of spiritual leadership based on principles Islam, and also to examine the mediating role of quality of work life (QWL) and employee satisfaction. Research that examines the influence of spiritual leadership on employee performance, especially using the four pillars of Islamic principles, such as: Truthfulness (Al-Sidq); Trust (Trust); Communication (Tabligh); Knowledge (Fathonah) is still limited in the Shariah Bank context. A quantitative approach with a survey design was used to collect data from 1.131 Shariah Bank employees. The data analysis technique used structural equation modeling with partial least squares (SEM-PLS). Spiritual leadership has a significant effect on the quality of work life (QWL), job satisfaction and employee performance. In addition, QWL and job satisfaction mediate the effect of spiritual leadership on employee performance. Sharia banking can implement spiritual leadership to improve employee performance, especially in Indonesia after the Covid-19 pandemic. This research fills the literature gap by explaining the relationship between spiritual leadership, creativity, quality of work life, job satisfaction, and employee performance in the context of Shariah Banking in Indonesia.
Strategi Meningkatkan Pemahaman Informasi Media Sosial Untuk Pemilih Cerdas Bagi Kelompok Dasawisma Tri Romadloni, Nova; Erwinda Sam Anafih; Nisa Dwi Septiyanti; Saefudin
Journal of International Multidisciplinary Research Vol. 2 No. 1 (2024): Januari 2024
Publisher : PT. Banjarese Pacific Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62504/anqxmr55

Abstract

Pemilu merupakan momen penting dalam kehidupan demokrasi di Indoensia. Salah satu tantangan utama yang dihadapi adalah tingkat pemahaman informasi media sosial di kalangan pemilih, terutama pada tingkat dasawisma. Kegiatan pengabdian kepada masyarakat ini bertujuan untuk mengembangkan dan menerapkan strategi yang efektif dalam meningkatkan pemahaman informasi media sosial bagi kelompok dasawisma guna mendukung terbentuknya pemilih cerdas menjelang Pemilu. Metode penelitian ini mencakup identifikasi kebutuhan melalui studi awal di tingkat dasawisma, desain program pelatihan yang sesuai dengan kebutuhan, dan pelaksanaan kegiatan yang melibatkan partisipasi aktif dari anggota kelompok. Evaluasi dilakukan dengan mengukur tingkat pemahaman informasi media sosial sebelum dan setelah pelaksanaan kegiatan. Hasil kegiatan menunjukkan peningkatan yang signifikan dalam pemahaman informasi media sosial di kalangan kelompok dasawisma. Strategi yang melibatkan sesi pemaparan materi, diskusi interaktif, dan penerapan langsung di media sosial telah berhasil membangun kesadaran dan keterampilan dalam memahami serta menyaring informasi yang diterima. Kegiatan ini memberikan kontribusi dalam konteks peningkatan literasi politik di tingkat masyarakat dasawisma dan memberikan landasan bagi pengembangan strategi serupa di komunitas sejenis. Peningkatan pemahaman informasi media sosial diharapkan dapat membantu pemilih dalam membuat keputusan yang lebih informasional dan cerdas saat menghadapi Pemilu, yang pada gilirannya dapat memperkuat kualitas demokrasi di tingkat lokal.