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Pengungkapan Risiko Keuangan, Nilai Perusahaan, dan Return Saham pada Perusahaan Non-Keuangan Kategori Indeks LQ45 Afag, Richa Rachmawati; Rici, Suchi Avita; Lukman, Rica Yulianti
Jurnal Mirai Management Vol 10, No 2 (2025)
Publisher : STIE AMKOP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37531/mirai.v10i2.9934

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh pengungkapan risiko keuangan terhadap nilai perusahaan serta pengaruh nilai perusahaan terhadap return saham. Penelitian ini dilatarbelakangi atas dasar kasus-kasus kegagalan perusahaan dalam memitigasi risiko keuangan yang berdampak pada menurunnya nilai perusahaan dan harga saham. Penelitian ini menggunakan metode analisis regresi sederhana dengan sampel penelitian yang terdiri dari perusahaan non-keuangan yang terdaftar di Bursa Efek Indonesia (BEI) dan masuk dalam kategori indeks LQ45 tahun 2017-2019. Hasil penelitian menunjukkan pengungkapan risiko keuangan tidak berpengaruh terhadap nilai perusahaan, selain itu nilai perusahaan tidak menunjukkan adanya pengaruh terhadap return saham. Keywords: Pengungkapan Risiko Keuangan, Nilai Perusahaan, Return Saham
Profitability Intervention: Role of ESG Disclosure and Company Size on Financial Performance Parwati, Tri Ayu; Rici, Suchi Avita; Fajar, Muhammad
GOVERNORS Vol. 4 No. 2 (2025): August-November 2025 Issue
Publisher : Yayasan Cita Cendekiawan Al Khwarizmi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47709/governors.v4i2.6479

Abstract

This study aims to determine the effect of esg disclosure, company size, on financial performance with profitability as an intervening variable. The population used in this study are IDXESGLeader companies listed on the Indonesia Stock Exchange (BEI) in 2019-2023. The sampling technique in this study was purposive sampling and obtained 17 IDXESGLeader companies with 85 observations. The analysis method used is multiple linear regression analysis. Based on the simultaneous test results that the esg disclosure variable, company size, and profitability affect financial performance. While with intervening variables, the simultaneous test results of ESG disclosure variables, company size, affect financial performance through profitability as an intervening variable. Based on the partial test results that ESG disclosure and company size have no significant effect on profitability, ESG disclosure has a significant effect on financial performance, company size affects company size, and profitability affects financial performance. Meanwhile, with the intervening variable, the partial test results of the ESG disclosure variable, company size have no effect on financial performance through profitability in IDXESGLeader companies listed on the Indonesia Stock Exchange (BEI) in 2019-2023.
EMPOWERING PETERNAK SAPI MELALUI PENINGKATAN LITERASI DAN AKSES PEMBIAYAAN SYARIAH DI SEKITAR KECAMATAN LUBUK KILANGAN Wahyudi, Rahmat; Rici, Suchi Avita
Jurnal Abdi Insani Vol 12 No 9 (2025): Jurnal Abdi Insani
Publisher : Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/abdiinsani.v12i9.2854

Abstract

Cattle farmers in Lubuk Kilangan District face the challenges of low financial literacy and limited access to financing that complies with Sharia principles. This condition hampers capital management and livestock business development, as many farmers do not maintain proper financial records, making it difficult to obtain formal financing support. Furthermore, understanding of Sharia financing products remains limited, causing them to rely on high-risk informal financing. This program aims to improve Sharia financial literacy and expand access to Sharia financing for partner cattle farmers. The implementation method includes counseling, training, simulation, mentoring, and evaluation using a participatory approach, with pre-test and post-test instruments to measure improvements in participants’ knowledge and skills. The results showed significant increases in three main indicators: financial literacy (from 55% to 85%), understanding of Sharia financing (from 48% to 82%), and awareness of informal financing risks (from 52% to 84%). Additionally, 90% of participants committed to applying daily financial recording, 85% planned to separate personal and business finances, and 80% were interested in applying for Sharia financing within the next six months. The program also successfully established an initial network between farmers and Sharia financial institutions, opening opportunities for sustainability, and is feasible to be replicated in other regions with local adjustments. Keywords: Financial literacy, Sharia financing, Farmer empowerment, Community service, Cattle farming business.