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The Role of Financial Technology in Enhancing Investment Decisions and Risk Management for SMEs Herdiyana; Yan Noviar Nasution
Jurnal Ilmiah Manajemen Kesatuan Vol. 13 No. 5 (2025): JIMKES Edisi September 2025
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jimkes.v13i5.3574

Abstract

In the evolving financial landscape, Small and Medium Enterprises (SMEs) face persistent challenges in making informed investment decisions and managing risks due to limited access to financial data, expertise, and infrastructure. Financial Technology (FinTech) has emerged as a transformative solution, offering innovative platforms and tools that democratize access to financial services, improve transparency, and enhance data-driven decision-making. This study aims to explore the role of FinTech in supporting investment decision-making and risk management among SMEs through a comprehensive literature review approach. The methodology involves a systematic analysis of peer-reviewed articles, industry reports, and academic studies published between 2015 and 2024. Key themes analyzed include algorithmic investment platforms, digital credit scoring, real-time financial analytics, blockchain-based transparency, and automated risk monitoring tools. The findings indicate that FinTech facilitates improved investment decisions through enhanced financial forecasting, scenario simulations, and access to alternative financing channels. In terms of risk management, FinTech enables SMEs to identify potential financial threats early, leverage predictive analytics, and maintain regulatory compliance more efficiently. The study contributes to the growing discourse on digital financial inclusion and highlights FinTech’s potential as a strategic enabler for SME sustainability and competitiveness in uncertain economic environments. It also underscores the need for policy frameworks that support digital adoption and safeguard against technology-related risks. Overall, the integration of FinTech into SME operations marks a paradigm shift toward more resilient, data-driven financial practices.
ANALISIS PENGARUH STOCK SPLIT TERHADAP HARGA SAHAM PADA PERUSAHAAN GO PUBLIC DI BURSA EFEK INDONESIA (PERIODE 2007 S.D. 2011) Yan Noviar Nasution; Herdiyana Herdiyana
JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) Vol 4, No 2 (2012): Vol 4, No 2 (2012)
Publisher : Universitas Pakuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34203/jimfe.v4i2.580

Abstract

ABSTRACT Stock splits is cosmetic or the actions are not has an economic of value that should not change the stock price. However some researchers conclude that stock splits has a significant influence on stock price changes. stock splits performed on the basis of two theories. According to the Trading Range Theory, stock prices High is the driving force for the company to conduct a stock splits with the hope to increasing the liquidity of stock trading, placing these shares at the optimal trading range will cause the more investors who invest. Signaling theory states that stock splits is a carrier of information about the performance and prospects companies to the market. This study aims to obtain empirical about evidence the impact of stock splits on stock prices relative The research data was taken from the 30 companies in Indonesia Stock Exchange who doing stock splits during the years 2007 until 2011. Stock price data of each company for five days before and five days after the stock splits. Analysis techniques are used to test the hypothesis is Wilcoxon Signed Ranked Test (Wilcoxon Signed Rank Test) with a confident level of 95 percent (? = 0.05). Based on the analysis has been carried out on 30 issuers for five days before and five days after the stock splits in the year 2007-2011 in Indonesia Stock Exchange can be concluded that based on test results, either per issuer or average and overall, it showed there is a different of stock prices relative before and after stock splits. Key words: Solving stock, Signaling theory, Trading range theory
ANALISIS KINERJA KEUANGAN PERUSAHAAN YANG TERMASUK DALAM KELOMPOK INDEKS LQ 45 DAN JII DENGAN MENGGUNAKAN ROE DAN ROA PADA BURSA EFEK INDONESIA TAHUN 2010 Yan Noviar Nasution; Herdiyana Herdiyana
JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) Vol 3, No 2 (2011): Vol 3, No 2 (2011)
Publisher : Universitas Pakuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34203/jimfe.v3i2.978

Abstract

This Research is entitled “The Analysis of the Financial Performance Companies which Included in group  an index to LQ 45 And JII by using ROE and ROA  at Indonesia  Stock Exchange in the Year of 2010”. As for target of this research to know the difference between the mean of Return Equity on ( ROE) and Return On Assets ( ROA) of the public companies is merged into go to group of LQ 45 which have large asset and LQ 45 which have small asset, of the public companies is merged into go to group of JII which  have large asset and JII which have small asset, and of the public companies is merged into go to group of LQ 45 which have large asset and JII which  have large asset and also of the public companies is merged into go to group of LQ 45 which have small asset and JII which  have small asset and of the public companies is merged into go to group of LQ 45 which have large asset and JII which  have small  asset and also of the public companies is merged into go to group of LQ 45 which have small asset and JII which  have large asset .The research method used is case study of the public companies which is merged into go to group of LQ 45 and JII ( Jakarta Islamic Index ) which are listed in Indonesia Stock Exchange. Analysis of the different test using the criteria of asset ownership, meaning the companies split in two groups of assets, the company went public that beraset beraset small and large. Where restrictions on the size of a company, obtained from the calculation of the average assets held by the sample firms went public in each group of assets While companies taken as sample is companies which enlist in two period of the announcement of Indonesia Stock Exchange or one full  year of (2010) and data used in this research is data of secondary in Web IDX.Based on the hypothesis test results concluded that there are significant differences between the ROA average of the public companies is merged into go to group of LQ 45 which have large asset with  the average ROA of the public companies is merged into go to group of JII which have large asset or which have small asset. As well as that there are significant difference between the average the ROA of the public companies is merged into go to group of JII which have large asset with the average the ROA of the public companies is merged into go to group of JII which have small asset.  While for the group of LQ45 index  there is no significant difference between the ROA average of the public companies is merged into go to group of LQ 45 which have large asset with the ROA average of the public companies is merged into go to group of LQ 45 which have small asset. Meanwhile, for the ROE average in general there is no significant difference between of the public companies is merged into go to group of LQ 45 or  the group of  JII, except between the ROE average of the public companies is merged into go to group of LQ 45 which have large asset with  the average ROE of the public companies is merged into go to group of JII which  have large asset.