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Assessing the Quality of Financial Management Practices among Micro, Small, and Medium Enterprises in Makassar City Nidrah Nidrah; Muhaidir Ikram
Jurnal Multidisiplin Sahombu Vol. 6 No. 03 (2026): Jurnal Multidisiplin Sahombu, 2026
Publisher : Sean Institute

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Abstract

Micro, Small, and Medium Enterprises (MSMEs) play an essential role in supporting local economic growth, employment creation, and business resilience in Indonesia. However, many MSMEs still face challenges in implementing systematic financial management practices, particularly in financial recording, budgeting, cash flow monitoring, and financial reporting. This study aims to describe the quality of financial management among MSMEs in Makassar City based on respondents’ answers. This research employed a descriptive quantitative approach involving 150 MSME actors as respondents. The population was categorized as unknown, and the sample was selected using non-probability sampling with a purposive sampling technique. Data were collected through a structured questionnaire using a five-point Likert scale and analyzed using descriptive statistics, including frequency, percentage, mean, and category interpretation. The findings indicate that the overall quality of financial management among MSMEs in Makassar City is in the good category, with an average score of 3.88. The strongest aspect is the separation of personal and business finances, while the weakest aspect is the preparation of simple income statements. These results show that MSME actors have developed basic financial discipline but still need improvement in structured financial reporting. The study implies that MSME development programs should strengthen practical bookkeeping, income statement preparation, cash flow analysis, and evidence-based financial decision-making to support business sustainability.
Pengaruh Volatilitas Harga Minyak Dunia terhadap Return Saham Sektor Energi di Indonesia Nidrah Nidrah
Jejak digital: Jurnal Ilmiah Multidisiplin Vol. 2 No. 3 (2026): MEI 2026
Publisher : INDO PUBLISHING

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/nkpq3g15

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh volatilitas harga minyak dunia terhadap return saham perusahaan sektor energi di Indonesia. Penelitian ini menggunakan pendekatan kuantitatif dengan desain time series pada periode 2021–2025. Sampel penelitian terdiri dari 14 perusahaan sektor energi yang terdaftar di Bursa Efek Indonesia. Analisis data dilakukan menggunakan regresi linear berganda dengan volatilitas harga minyak sebagai variabel independen dan return pasar (IHSG) sebagai variabel kontrol. Hasil penelitian menunjukkan bahwa volatilitas harga minyak dunia tidak berpengaruh signifikan terhadap return saham sektor energi. Sementara itu, return IHSG berpengaruh signifikan positif terhadap return saham. Nilai koefisien determinasi menunjukkan bahwa sebesar 30,7% variasi return saham dapat dijelaskan oleh model penelitian. Temuan ini mengindikasikan bahwa investor di pasar modal Indonesia cenderung lebih merespons kondisi pasar secara umum dibandingkan fluktuasi volatilitas harga minyak. Penelitian ini memberikan kontribusi empiris bahwa hubungan antara volatilitas harga minyak dan return saham tidak selalu signifikan, khususnya pada pasar negara berkembang seperti Indonesia.