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Manajemen Risiko Keuangan dalam Perspektif Dosen CPNS Fakultas Ekonomi: Studi Deskriptif di Perguruan Tinggi Bulan Nettiary Kelara
Jurnal Akuntansi, Manajemen dan Ilmu Ekonomi (Jasmien) Vol. 5 No. 10 (2026): Jurnal Akuntansi, Manajemen dan Ilmu Ekonomi (Jasmien)
Publisher : Cattleya Darmaya Fortuna

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54209/jasmien.v5i09.2068

Abstract

Tujuan dari penelitian ini adalah untuk melihat bagaimana dosen CPNS di Fakultas Ekonomi melihat manajemen risiko keuangan. 37 dosen CPNS disurvei menggunakan pendekatan deskriptif kuantitatif. Structural Equation Modeling–Partial Least Squares (SEM-PLS) digunakan untuk menganalisis data yang dikumpulkan melalui kuesioner skala Likert. Hasil penelitian menunjukkan bahwa pemahaman tentang manajemen risiko keuangan berdampak positif dan signifikan pada persepsi dan pandangan dosen CPNS. Namun, persepsi dan sikap dosen CPNS tidak berpengaruh signifikan terhadap kebutuhan pedoman pengelolaan risiko keuangan. Temuan ini mengindikasikan bahwa kebutuhan pedoman risiko keuangan lebih dipengaruhi oleh faktor kebijakan dan struktur institusional dibandingkan faktor individual.
CASH HOLDINGS AS A FINANCIAL RISK MANAGEMENT INSTRUMENT: EMPIRICAL EVIDENCE FROM THE HEALTHCARE INDUSTRY IN DEVELOPING COUNTRIES DURING COVID-19 Bulan Nettiary Kelara
TECHNOBIZ : International Journal of Business Vol. 9 No. 1 (2026): April 2026
Publisher : TECHNOBIZ : International Journal of Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33365/technobiz.v9i1.1440

Abstract

This study examines cash holdings as a financial risk management instrument in the healthcare industry of developing countries during the COVID-19 pandemic. Using a quantitative approach, the study analyzes healthcare firms listed in Indonesia, Malaysia, Thailand, and Vietnam, with samples selected through purposive sampling. The data are analyzed using stepwise linear regression with panel data techniques and processed using EViews 13. The findings indicate that financial constraints negatively affect cash holdings only in Malaysia, while no significant effect is observed in Indonesia, Thailand, and Vietnam. Financial leverage does not significantly influence cash holdings in any of the countries studied. Profitability positively affects cash holdings in Indonesia and Malaysia, negatively affects cash holdings in Thailand, and has no significant effect in Vietnam. Growth opportunities have a positive effect on cash holdings only in Thailand, while no significant effect is found in the other countries. These results suggest that cash holding policies function as a context-dependent financial risk management mechanism, shaped by country-specific financial conditions, institutional environments, and crisis responses. This study contributes to the literature by providing empirical evidence from the healthcare sector, which remains underexplored in cash holding and risk management research, particularly in the context of global uncertainty following the COVID-19 pandemic. The findings also highlight the importance of locally tailored financial risk management strategies for firms and policymakers in the healthcare sector across ASEAN countries.