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PUSAT PENELITIAN DAN PENGABDIAN MASYARAKAT JL. Ir. M. Putuhena, Wailela-Rumahtiga, Ambon Maluku, Indonesia Kode Pos: 97234
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Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
ISSN : 23029560     EISSN : 25974599     DOI : 10.31959
Core Subject : Economy, Science,
Yth Pengelola Garuda Kami Editor Jurnal maneksi memohon agar nama jurnal kami disesuaikan dengan nama jurnal yang ada di ISSN Brin dari Jurnal Maneksi menjadi Jurnal Maneksi (Management Ekonomi Dan Akuntansi), karena hal ini menjadi masukan ketika kami mengajukan akreditasi jurnal kami. Atas bantuan dan kerjasamanya, kami ucapkan terima kasih Editor
Articles 1,246 Documents
ANALYSIS OF THE EFFECT OF CURRENT RATIO, DEBT TO EQUITY RATIO, AND RETURN ON EQUITY ON FIRM VALUE IN TRANSPORTATION SECTOR COMPANIES Muni, Wilhelmina; Siahaan , Moni Yuniati; Rea, Irena Juniarti Veranda
Jurnal Maneksi (Management Ekonomi Dan Akuntansi) Vol. 15 No. 2 (2026): Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
Publisher : Politeknik Negeri Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31959/jm.v15i2.3685

Abstract

Introduction: This study aims to analyze the influence of the Current Ratio (CR), Debt to Equity Ratio (DER), and Return on Equity (ROE) on firm value, which is proxied by Price to Book Value (PBV), in transportation sector companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period.Methods: A quantitative, associative design was employed, using secondary data from annual financial reports. The analysis was conducted using multiple linear regression after fulfilling classical assumption tests, including normality, multicollinearity, heteroscedasticity, and autocorrelation tests.Results: Based on the results of data analysis and discussion regarding the influence of Current Ratio (CR), Debt to Equity Ratio (DER), and Return on Equity (ROE) on Firm Value (PBV) in transportation sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2020–2024, it can be concluded that the financial condition of transportation sector companies shows quite high variation. The average Current Ratio (CR) of 1.25 indicates a relatively good short-term liquidity capability, although there is substantial variation between companies. The average Debt to Equity Ratio (DER) of 1.06 indicates a balanced capital structure between equity and debt, yet with a large variation among the companies. The average Return on Equity (ROE) of –0.039 shows that, in general, transportation companies still have low profitability performance, even tending to be negative in several companies. Meanwhile, the average firm value (PBV) of 1.62 indicates that the market still provides a positive valuation of companies’ prospects in this sector, although the internal financial condition has not yet been fully stable.Overall, it can be concluded that the Debt to Equity Ratio (DER) is the most influential variable affecting the firm value of transportation sector companies. This demonstrates that capital structure plays an important role in investors’ perception of firm value, while liquidity (CR) and profitability (ROE) have not yet become the main indicators in determining the market value of transportation companies in Indonesia. Keywords: Current Ratio, Debt-to-Equity Ratio, Firm Value, Return on Equity, and Transportation.
ANALISIS PERBANDINGAN STABILITAS SISTEM KEUANGAN BANK PEMERINTAH DAN BANK SWASTA DI INDONESIA DENGAN PENDEKATAN MIKROPRUDENSIAL Ambardi, Ambardi; Efriadi, Adi Rizfal; Pribadi, Rizki Maulana; Aminah, Aam; Saputro, Ahmad Eko
Jurnal Maneksi (Management Ekonomi Dan Akuntansi) Vol. 15 No. 2 (2026): Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
Publisher : Politeknik Negeri Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31959/jm.v15i2.3848

Abstract

Introduction: This study aims to assess the stability of the financial system across state-owned and national private banks using a microprudential approach. Several important microprudential indicators used in this study include the Capital Adequacy Ratio (CAR), which measures a bank's ability to bear the risk of loss. Asset quality measures the quality of bank assets, including the Non-Performing Loan (NPL) ratio. Liquidity measures the bank's ability to meet its short-term obligations. Profitability measures the bank's ability to generate profits. Net Interest Margin (NIM) to measure the bank's efficiency in interest management. Operating Costs and Operating Income (BOPO) to measure the efficiency of the bank's operational costs.Methods: This research is a quantitative descriptive study. The sample used in this study consists of banks with assets ranked among the 10 largest in Indonesia. All 10 samples were determined using a purposive sampling technique. financial performance summaries for the 2022-2024 period. The variables examined in this study include credit quality (NPL), bank liquidity (LDR), capital adequacy (CAR), profit-generating capacity (ROA and NIM), regulatory compliance (Reserve Requirement), and management efficiency (BOPO). The data analysis technique used was descriptive statistical analysis, as well as the Independent Sample t-test to compare the averages of two unrelated groups.Results: From the difference test, only the Capital Adequacy Ratio (CAR) indicator has a significant difference between the government bank group and the private bank group, while for other indicators such as Return on Assets (ROA), Net interest margin (NIM), Operating Costs Operating Income (BOPO), Loan to Deposit Ratio (LDR), Non Performing Loan (NPL), Reserve Requirement (RR) there is no significant difference between the government bank group and the private bank group. Keywords: Comparison, Financial Stability, Government Banks, Microprudential, Private Banks
THE EFFECT OF CORRUPTION, ECONOMIC GROWTH AND INFLATION ON POVERTY IN SOUTH SULAWESI PROVINCE Lilis, Ade; Patra, I Ketut; Saputra, Ahmad Refki
Jurnal Maneksi (Management Ekonomi Dan Akuntansi) Vol. 15 No. 2 (2026): Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
Publisher : Politeknik Negeri Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31959/jm.v15i2.3852

Abstract

Introduction: The purpose of this study is to analyze how poverty in South Sulawesi Province is influenced by corruption, economic growth, and inflation between 2020 and 2024. Methods: This study uses associative techniques and is quantitative in nature. Time series data (2020-2024) and cross-sectional data (24 districts/cities in South Sulawesi Province) are combined to form secondary data in the form of panel data. The data was obtained from the Central Statistics Agency (BPS) and related organizations. Data analysis was performed using multiple linear regression methods with a panel data model through IBM SPSS Statistics 2024 software. Results: The results show that, partially, the corruption variable has no effect on poverty in South Sulawesi Province. Meanwhile, economic growth hurts poverty, which means that poverty rates can be reduced through higher economic growth, while inflation has a positive effect on poverty, indicating that rising inflation tends to increase the number of poor people. Simultaneously, these three variables affect poverty with a contribution of 6.9%, while the remaining 93.1% is influenced by variables not included in the research model. Keywords: Corruption, Economic Growth, Inflation, Panel Data, Poverty.
BERBAHASA GLOBAL, BERJUALAN LOKAL: STUDI TENTANG PERAN BAHASA INGGRIS DALAM MENINGKATKAN KREDIBILITAS MEREK DALAM PEMASARAN INFLUENCER INDONESIA Sayd, Anastasia Imelda; Nazarudin, Hamzah; Manongga, Irience Rachel Agatha
Jurnal Maneksi (Management Ekonomi Dan Akuntansi) Vol. 15 No. 2 (2026): Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
Publisher : Politeknik Negeri Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31959/jm.v15i2.3876

Abstract

Introduction: In the context of globalization, the use of English by Indonesian influencers in promoting local brands has become a common strategy, as it conveys a modern and international image while enhancing the brand’s professionalism, appeal, and perceived quality among consumers from diverse cultural backgrounds. However, the inappropriate or inaccurate use of English that does not align with the target audience may lead to misunderstandings, damage brand image, and reduce consumer trust and engagement. Therefore, the effectiveness of English in enhancing brand credibility through influencer marketing remains an important issue that requires further investigation. This study aims to describe the forms of English usage in the marketing content of local brand products by Indonesian influencers on social media and to examine consumers’ perceptions and trust toward brands based on the language used by influencers.Methods: The study employed a mixed-method approach, combining quantitative and qualitative methods. Data were collected through observation, documentation, and an online survey using a questionnaire as the research instrument. Data analysis was conducted using both qualitative and quantitative techniques.Results: The findings indicate that English is predominantly used through code-mixing and code-switching within an informal language style. From the audience’s perspective, the use of English is perceived to enhance the dimensions of brand expertise and attractiveness, while its influence on the trust dimension remains moderate.Conclusion and suggestion: These results suggest that English functions as a symbolic cue of professionalism and modernity rather than as a sole determinant of brand credibility. This study contributes to interdisciplinary discussions in linguistics, marketing, and consumer behavior within the context of local digital marketing practices. Keywords: Brand Credibility, English Language, Influencer Marketing, Local Brands
THE INFLUENCE OF FINANCIAL INCLUSION, ACCESS TO FINANCING, AND TECHNOLOGICAL INNOVATION ON MICRO, SMALL, AND MEDIUM ENTERPRISES GROWTH IN KUPANG CITY Djaha, Zainuddin Adang; Samadara, Selfesina; Sir, Jennie Sarlota; Sunarya, Herni
Jurnal Maneksi (Management Ekonomi Dan Akuntansi) Vol. 15 No. 2 (2026): Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
Publisher : Politeknik Negeri Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31959/jm.v15i2.3877

Abstract

Introduction: This research examines the influence of financial inclusion, access to financing, and technological innovation on the growth of Micro, Small, and Medium Enterprises (MSMEs) in Kupang City. Methods: The population in this study was MSME entrepreneurs, especially ikat weavers, totaling 357 business units. The number of samples used in this study was 189 respondents. The sampling technique was the Slovin method. Data Analysis Techniques used included instrument validity and reliability tests, partial influence tests (t-tests), and simultaneous influence tests (F-tests). Results: The results indicate that financial inclusion and access to financing have a positive and significant influence on MSME growth, with significance values of 0.014 and 0.001, respectively. Meanwhile, the effect of technological innovation on MSME growth is insignificant, with a significance value of 0.286. Simultaneous analysis also shows that these three factors together have a positive and significant influence on MSME growth, with an F-value of 2.984, which is greater than the F-table of 2.650Conclusion and suggestion: Based on these results, recommendations include improving financial literacy, expanding access to financing through more accessible financing products, and encouraging the adoption of digital technology by MSMEs. Furthermore, the importance of policies that support MSMEs and strengthening collaboration between the government, financial institutions, and MSME players are also key to creating an ecosystem that supports MSME growth in Kupang City. By implementing these recommendations, it is hoped that MSMEs can grow more rapidly, increase their competitiveness, and contribute more to the local economy. Keywords: Access to Financing, Economic Growth, Financial Inclusion, Technological Innovation
DAMPAK PENERAPAN E-COMMERCE DAN MANAJEMEN KEUANGAN TERHADAP KINERJA KEUANGAN USAHA KECIL MENENGAH (UMKM) KOTA KUPANG Siahaan, Moni Yuniati; Muni, Wilhelmina; Samadara, Selfesina
Jurnal Maneksi (Management Ekonomi Dan Akuntansi) Vol. 15 No. 2 (2026): Jurnal Maneksi (Management Ekonomi Dan Akuntansi)
Publisher : Politeknik Negeri Ambon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31959/jm.v15i2.3888

Abstract

Introduction: This study aims to analyze the effect of e-commerce adoption and financial management on the financial performance of Small and Medium Enterprises (SMEs) in Kupang City. Methods: The study employs a quantitative approach using a survey method through Likert-scale questionnaires distributed to 120 SME owners, selected using purposive sampling. Data analysis was conducted using multiple linear regression with SPSS version 25, preceded by validity, reliability, and classical assumption tests.Results: The results show that partially, e-commerce has a positive and significant effect on financial performance (t = 5.432; p = 0.000), as does financial management (t = 3.876; p = 0.001). Simultaneously, both variables have a significant effect on financial performance (F = 45.210; p = 0.000). The coefficient of determination (R²) of 0.58 indicates that 58% of the variation in financial performance can be explained by these two variables.The findings indicate that e-commerce has a more dominant influence compared to financial management; however, both variables are complementary in improving SME financial performance. Therefore, the integration of business digitalization and sound financial management is a key factor in enhancing the competitiveness and sustainability of SMEs in Kupang City. Keywords: E-Commerce, Financial Management, Financial Performance, SMEs,

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