Article Per Year (5 Year)
p-Index From 2021 - 2026
1.126
P-Index
This Author published in this journals
All Journal IIJSE
Heni Safitri
Universitas Muhammadiyah Pontianak, Pontianak, Indonesia
Economics, Econometrics & Finance

Published : 7 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 7 Documents
Search

 1 
The Influence of Funding Decisions, Dividend Policies, and Market Value on Firm Value with Profitability as an Intervening Variable in Consumer Non-Cyclicals Listed on the Indonesian Stock Exchange Winda Sibleni; Dedi Hariyanto; Heni Safitri
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 2 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i2.6832

Abstract

This study aims to look at the influence of funding decisions, dividend policy, and market value on firm value with profitability as an intervening variable on consumer non-cyclical companies listed on the Indonesia Effectssa. The results of the path analysis obtained equation 1: Z = 8,345 - 2,856 X1 - 0.001 X2 + 1,226 X3 and equation 2: Y: 837,156 - 0.004 X1 + 8,862 X2 + 5,010 X3 + 93,745 Z. The results of the correlation coefficient test (R) show that the variables of financing decisions, dividend policy and market value have a very weak relationship with the profitability variable, while the variables of financing decisions, dividend policy, and market value on the variable of firm value with profitability as the intervening variable have a fairly strong relationship. The t-test results show that the funding decision variable, dividend policy and market value do not have a partial effect on profitability and the dividend policy variable with profitability as an intervening variable partially affects the firm value, while the funding decision and market value through profitability as intervening variables do not have a partial effect on the firm value. For further research, it is advisable to include additional variables, such as corporate governance, management decisions, market conditions, or investor sentiment, to provide a more in-depth understanding of the factors that influence firm value.
The Influence of Financial Knowledge, Financial Attitude, Financial Self-Efficacy, Financial Well-Being, and Impulsive Buying on Saving Behavior Among Working People in Kubu Raya Regency Lisa Amalia; Dedi Hariyanto; Heni Safitri
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7098

Abstract

This study aims to determine the influence of financial knowledge, financial attitudes, financial self-efficacy, financial well-being, and impulsive buying on the saving behavior of people working in Kubu Raya Regency. This study uses a causal associative method. This study used a sample of 150 respondents with a purposive sampling technique. The correlation coefficient was 0.786, indicating a strong correlation between financial knowledge, financial attitude, financial self-efficacy, and impulsive buying on saving behavior. The coefficient of determination shows a value of 0.618, meaning that 61.8% indicates that saving behavior is influenced by financial knowledge, financial attitude, financial self-efficacy, and impulsive buying, while 38.2% is attributed to other variables not examined in this study. The results of the simultaneous test show that financial knowledge, financial attitude, financial self-efficacy, financial well-being, and impulsive buying have a simultaneous effect on the savings behavior of people working in Kubu Raya Regency. The partial test results show that the variables financial knowledge, financial attitude, financial self-efficacy, and financial well-being have a positive and significant effect on savings behavior, while impulsive buying does not have a significant effect on savings behavior.
The Effect of Financial Literacy, Lifestyle, and Use of M-Banking on Financial Management Moderated by Socioeconomic Status Among Millennials in Pontianak City Ananda Shalsa Qirani; Heni Safitri; Dedi Hariyanto
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7118

Abstract

This study aims to analyze and explain the influence of financial literacy, lifestyle, and use of M-Banking on financial management, considering socioeconomic status as a moderating variable among millennials in Pontianak City. This study uses a quantitative approach with an associative research design, and data collection was conducted through the distribution of questionnaires to 150 respondents who met the purposive sampling criteria. Data analysis was performed through validity and reliability tests, classical assumption tests, as well as multiple linear regression and Moderated Regression Analysis (MRA) to determine the role of socioeconomic status as a moderating variable. The results indicate that, partially, financial literacy and use M-Banking have a positive and significant influence on millennials' financial management. Conversely, lifestyle does not show a statistically significant influence. Simultaneously, the three independent variables were found to have a significant effect on financial management. In addition, socioeconomic status was found to moderate the effect of financial literacy on financial management, but did not moderate the effect of lifestyle or use M-Banking. The coefficient of determination (R²) value of 79.7% indicates that the variation in financial management in this model can be explained by the combination of variables used, while the rest is influenced by factors outside the model.
The Influence of Financial Literacy, Mobile Banking, and Financial Management on the Financial Performance of MSMEs in Melawi Regency Tria Ardika; Heni Safitri
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 3 (2024): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i3.8470

Abstract

Banking and Financial Management on the Financial Performance of Micro, Small, and Medium Enterprises (MSMEs) in Melawi Regency. This research uses a quantitative approach with survey methods to collect data from MSME owners in the area. The focus of the research is to explain and identify the association between financial literacy, use of Mobile Banking services, financial management, and financial performance of MSMEs.Data was collected through questionnaires distributed to selected samples of MSME owners in Melawi Regency. Regression analysis is used to evaluate the extent to which financial literacy, mobile banking, and financial management variables can explain variations in MSME financial performance. The research results are expected to contribute to understanding the impact of financial literacy, use of Mobile Banking, and financial management on the financial performance of MSMEs. It is hoped that these findings will provide valuable information for business people, financial institutions and local governments in designing more effective MSME development strategies in Melawi Regency. This research confirms that financial literacy, mobile banking and financial management have an important role in supporting the growth and sustainability of MSMEs, with the implication that increasing financial understanding and adaptation to banking technology can improve the financial performance of MSMEs at the local level.
The Influence of Financial Literacy, Income, and Lifestyle on Real Asset Investment Decisions among Police Officers at Sanggau Police Department, Sanggau Regency Aulia Ramadanti; Dedi Hariyanto; Heni Safitri
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the influence of financial literacy, income, and lifestyle on real asset investment decisions among police officers at the Sanggau Police Department. The research employed a quantitative associative method involving 150 respondents. Data were collected through questionnaires and analyzed using multiple linear regression with SPSS software. The results show that financial literacy, income, and lifestyle have a positive and significant effect on investment decisions. The regression equation obtained is Y = 1.070 + 0.155X₁ + 0.254X₂ + 0.297X₃, with R = 0.623 and R² = 0.388. The F-test (F = 26.137; sig = 0.000) and t-tests confirmed that all three variables significantly affect investment decisions. These findings indicate that strong financial literacy, stable income, and prudent lifestyle choices encourage rational investment behavior. Future research should include variables such as digital literacy, financial confidence, or investment motivation to broaden the understanding of individual investment behavior.
The Influence of Financial Management, Risk Perception, and Perceived Investment Return on Stock Investment Decisions among Investors in Pontianak Dea Sri Rahayu; Dedi Hariyanto; Heni Safitri
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study investigates whether financial management, risk perception, and perceived investment return affect stock investment decisions among 150 individual investors in Pontianak City. Data were collected via structured questionnaires and analyzed using multiple linear regression after passing validity, reliability, and classical assumption tests. The model produced Y = 1.015 + 0.115X1 + 0.221X2 + 0.386X3 with a strong correlation (R = 0.712) and a determination level of R² = 0.507, indicating that 50.7% of the variance in investment decisions is explained by the three predictors. The F-test (p < 0.001) shows a joint significant effect. Partially, all variables have positive and significant effects: financial management (t=2.162; p=0.032), risk perception (t=3.192; p=0.002), and perceived return (t=6.515; p<0.001), with perceived return as the dominant predictor. The findings imply that rational stock decisions are shaped not only by expected profit but also by investors’ capability to manage personal finances and assess risk. Practical recommendations include strengthening financial literacy, emphasizing risk-return trade-off education, and encouraging disciplined portfolio management.
The Effect of Cash Ratio, Debt to Equity Ratio, and Total Asset Turnover on Profit Growth with Firm Size as a Moderating Variable in Financial Sector Companies Listed on the Indonesia Stock Exchange (2022–2024) Ridwansyah Ridwansyah; Heni Safitri; Dedi Hariyanto
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the effect of Cash Ratio (CR), Debt to Equity Ratio (DER), and Total Asset Turnover (TATO) on Profit Growth, with Firm Size as a moderating variable in financial sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2022–2024. The research employs a quantitative associative method using Moderated Regression Analysis (MRA). The results indicate that, simultaneously, CR, DER, and TATO have a significant effect on profit growth. Partially, DER and TATO show a positive effect, while CR has a negative effect. After being moderated by firm size, the correlation coefficient (R) increased to 0.994 with an R² value of 0.989, indicating that firm size strengthens the relationship between financial ratios and profit growth. These findings suggest that maintaining a balanced level of liquidity, an optimal capital structure, and efficient asset utilization is essential for improving profitability. Future research is recommended to include additional variables such as Return on Assets (ROA), Good Corporate Governance (GCG), or dividend policy to provide a broader understanding of the determinants of profit growth.
Co-Authors Ananda Shalsa Qirani Aulia Ramadanti Dea Sri Rahayu Dedi Hariyanto Lisa Amalia Ridwansyah Ridwansyah Tria Ardika Winda Sibleni