Muhamad Eko Wahyu Umaryadi
Universitas Mulia Balikpapan

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THE DEVELOPMENT OF FINANCIAL RISK MANAGEMENT CONCEPTS IN INDONESIAN COMPANIES: A LITERATURE REVIEW Hety Devita; Muhamad Eko Wahyu Umaryadi; Nurul Huda Yus'an
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 11 (2025): AUGUST
Publisher : Adisam Publisher

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Abstract

This study aims to examine the development of financial risk management concepts in Indonesian companies through a literature review. The study traces the transformation of risk management from before the 1997 Asian economic crisis to the era of digitalisation and global market integration. The results of the study show that initially, risk management practices in Indonesia were administrative and reactive. However, the economic crisis triggered a paradigm shift towards the implementation of a more structured and comprehensive risk management system, driven by regulatory policies and the adoption of international standards such as ISO 31000 and the Enterprise Risk Management (ERM) concept. The integration of technology and the development of fintech also presented new challenges, prompting companies to continue strengthening their risk management capabilities. Regulatory support, human resource readiness, and organisational culture are key factors in the successful implementation of financial risk management in Indonesia. Overall, the development of this concept provides an important foundation for companies to enhance their resilience and competitiveness amid the increasingly complex business environment.
EFFECTIVENESS OF FUNDAMENTAL AND TECHNICAL ANALYSIS TECHNIQUES IN PREDICTING STOCK MOVEMENTS: A REVIEW OF THE LITERATURE AND ITS IMPLICATIONS Hety Devita; Muhamad Eko Wahyu Umaryadi; Prawhida Surya Buana
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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This study aims to review the effectiveness of fundamental and technical analysis techniques in predicting stock movements and their implications for investors. Fundamental analysis focuses on a company's financial condition, business performance, and macroeconomic factors to estimate the intrinsic value of a stock, while technical analysis uses historical price and trading volume data to identify market patterns and trends. A literature review shows that each method has advantages and limitations. Fundamental analysis is more suitable for long-term investments as it provides an in-depth view of a company's growth prospects, while technical analysis is more useful in short- and medium-term decision-making due to its ability to identify trading signals based on recent market behaviour. The conclusion of this study highlights that a combination of both techniques can support a more comprehensive and effective investment strategy, by optimising portfolio performance and minimising risk under various market conditions.
THE ROLE OF UMKM IN DRIVING THE LOCAL ECONOMY: A LITERATURE ANALYSIS Hety Devita; Muhamad Eko Wahyu Umaryadi; Wahab Wahab
JOURNAL OF COMMUNITY DEDICATION Vol. 3 No. 1 (2023): Journal of Community Dedication
Publisher : Adiba Aisha Amira

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Abstract

MSMEs (Micro, Small and Medium Enterprises) have an important position in running the wheels of regional economic growth by creating jobs, reducing unemployment, and strengthening economic inclusion in various regions. This research discusses the vital role of MSMEs in empowering the local economy through job creation, increasing competitiveness through product innovation, and contributing to local revenue. In addition, MSMEs also drive the growth of supporting industries such as logistics, marketing, and wholesale trade, ultimately creating a more open and sustainable business ecosystem. However, to make the most of the role of MSMEs, several strategic measures are needed, including strengthening access to capital and financing through the People's Business Credit (KUR) programme and financial technology, improving the quality of human resources through entrepreneurship and management training, and improving physical and digital infrastructure. In addition, the government needs to develop policies and regulations that support the growth of MSMEs by simplifying the licensing process, providing tax incentives, and ensuring strong legal protection for MSME players. This study concludes that with the right policy support and coordinated strategic measures, MSMEs have great potential to become a resilient and sustainable engine of the local economy, and contribute significantly to open national economic growth.
THE RELATIONSHIP BETWEEN FINANCIAL RISK MANAGEMENT AND CORPORATE RESILIENCE DURING A CRISIS: A COMPREHENSIVE LITERATURE REVIEW Musilatin Nikmah; Hety Devita; Muhamad Eko Wahyu Umaryadi; FX. Nanang Sujatmiko
International Journal Of Humanities, Social Sciences And Business (INJOSS) Vol. 5 No. 3 (2026): INTERNATIONAL JOURNAL OF HUMANITIES, SOCIAL SCIENCES AND BUSINESS (INJOSS)
Publisher : ADISAM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.21214991

Abstract

This article aims to analyse the relationship between financial risk management and corporate resilience during times of crisis through a comprehensive literature review. The findings indicate that financial risk management plays a strategic role in strengthening corporate resilience, particularly through the stabilisation of cash flows, the protection of liquidity, the control of loss exposure, the improvement of decision-making quality, and the strengthening of risk governance. The literature also indicates that companies which implement integrated risk management tend to be more resilient in the face of a crisis than those which adopt a reactive or piecemeal approach to risk management. Thus, financial risk management can be understood as a vital foundation for corporate resilience, both in the short term to mitigate the impact of a crisis and in the long term to build business sustainability amidst an increasingly uncertain business environment.