cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Mohamad Toha
Contact Email
motoha@uac.ac.id
Phone
+6282131349797
Journal Mail Official
journal.mjifm@gmail.com
Editorial Address
https://syariah.jurnalikhac.ac.id/index.php/majapahit/about/editorialTeam
Location
Kab. mojokerto,
Jawa timur
INDONESIA
Majapahit Journal of Islamic Finance and Management
Published by Universitas KH. Abdul Chalim
ISSN : -     EISSN : 27980170     DOI : -
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Majapahit Journal of Islamic Finance and Management (MJIFM) is a journal published by Sharia Economics Study Program Institut Pesantren KH. Abdul Chalim Mojokerto, Indonesia twice a year (June and December). As the name implies, the journal brings two major themes, namely Islamic Finance and Business Management. The journal invites scholars, practitioners, and researchers to submit articles to the management team. Articles submitted will be published after being verified and modified to suit the standard international journals. MJIFM limits only the article publication related to two major themes having been mentioned.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 55 Documents
 1   2   3   4   5 
Search results for , issue "Vol. 5 No. 1 (2025): Islamic Finance and Management" : 55 Documents clear
The Effect of Transfer Pricing, Profitability, and Capital Intensity on Tax Avoidance (Empirical Study of Property and Real Estate Companies on the Indonesia Stock Exchange In 2020-2023 Wahyuni, Putu Eka Sri; Nursiam, Nursiam
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.354

Abstract

This study aims to examine the effect of transfer pricing, profitability, and capital intensity on tax avoidance in property and real estate companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2023. Tax avoidance refers to strategies used by companies to reduce their tax liabilities through legal means, while transfer pricing involves setting prices for transactions between related entities to allocate income across different jurisdictions. Capital intensity refers to the amount of capital invested in assets relative to the company's total assets. Profitability is measured by the company's ability to generate earnings relative to its revenue or assets. The sample consisted of 51 companies, selected using purposive sampling, with 21 outliers removed based on predetermined criteria. Data was analyzed using classical assumption testing, followed by hypothesis testing with multiple regression analysis (F-test, t-test, and coefficient of determination) using SPSS version 25. The results show that transfer pricing and capital intensity do not have a significant impact on tax avoidance, while profitability significantly influences tax avoidance. These findings suggest that more profitable companies may engage in higher levels of tax avoidance, possibly due to greater opportunities or incentives to minimize tax payments. The study highlights the importance of profitability as a key determinant in tax avoidance strategies in the property and real estate sector.
The Effectiveness of the Implementation of Diversion for Children of Criminal Offenders in Ternate City Namikotomo, Bondan
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.356

Abstract

This study aims to analyze the effectiveness of diversion implementation for juvenile offenders in Ternate City and recommend penal and non-penal policy reforms in criminal law. The research method combines normative and empirical legal approaches, utilizing interviews, observations, and document analysis of cases handled by the Ternate Police. Findings indicate that diversion has reduced stigmatization through restorative mechanisms, yet its effectiveness is hindered by law enforcers’ limited understanding, inadequate facilities, and public resistance to restorative justice. Case studies, such as recidivism by offender Isra Nasrun, highlight the need for post-diversion mentoring evaluation. Legal reform recommendations include officer training, public education, and integrating non-penal policies focused on social rehabilitation. The study concludes that multidisciplinary collaboration is essential to strengthen diversion implementation and ensure child rights protection is aligned with the best interests of the child principle.
The Effect of Customer Review, Influencer Review, and Customer Innovativeness on Green Purchase Intention Moderated by Trust Michella Mulyana Putri; Kuswati, Rini
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.357

Abstract

This study investigates the impact of customer reviews, influencer reviews, and customer innovativeness on green purchase intention in the eco-friendly skincare market, with trust as a moderating variable. Using a quantitative approach with SmartPLS and a sample of 205 respondents familiar with eco-friendly skincare, the study confirms that all three predictors significantly enhance green purchase intention. Interestingly, trust plays a dual role directly strengthening purchase intention while weakening the influence of reviews and innovativeness when acting as a moderator. This suggests that consumers with higher trust, particularly in the brand or product, may rely more on prior experience or internal beliefs than on external cues. The study extends existing literature by emphasizing the multidimensional nature of trust and highlighting the interplay between internal and external drivers of green behavior. Despite methodological appropriateness, limitations in sample diversity and potential response bias suggest directions for future research.
The Effect of Product Reviews and Store Ratings on Consumer Buying Interest Through Trust in the Marketplace Dewi Prasetya Rahayu; Kussudyarsana
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.358

Abstract

This study investigates the influence of product reviews and store ratings on consumer purchase intention through trust in the marketplace, using a quantitative approach with data from 160 respondents and Structural Equation Modeling (SEM) based on SmartPLS. The results show that product reviews significantly and positively influence purchase intention both directly and through trust, while store ratings also positively impact purchase intention but not through trust. This suggests that product reviews play a more crucial role in building consumer trust than store ratings. However, the study does not explore why product reviews are more influential, nor does it consider moderating factors such as review length, authenticity, or the visual presentation of store profiles. Additionally, the generalizability of the findings is limited, as the study does not specify the marketplace or demographic details of the sample. Future research should incorporate these factors and consider stratified sampling to enhance the understanding of how different consumer groups respond to trust-related signals online.
Antecedents of Purchase Intention of Co-Branded Aerostreet Products: An Empirical Approach Towards Consumers in Surakarta Fitriasari, Defita; Kussudyarsana
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.359

Abstract

This study aims to investigate the antecedents of purchase intention for Aerostreet co-branded products: an empirical approach targeting consumers in Surakarta. The study focuses on consumers who reside in Surakarta, are familiar with Aerostreet products, and are aged 17-30 years. A non-probability sampling technique was employed, with a sample size of 180 respondents. The research employs a quantitative approach, utilizing a structured questionnaire and observations as data collection methods. Data analysis was conducted using Structural Equation Modeling (SEM) with PLS 3.0. The results show that Product Fit has a significant effect on Brand Fit, Product Fit has a significant effect on co-branded Attitude, Brand Fit positively and significantly influences co-branded Attitude, and co-branded Attitude impacts Purchase Intention. Furthermore, co-branded Attitude mediates the relationship between both Product Fit and Purchase Intention, as well as Brand Fit and Purchase Intention.
The Effect of Good Corporate Governance and Company Size on Food and Beverage Company Financial Performance Rizky Adi Baskara; Nursiam
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.360

Abstract

This study investigates the effect of good corporate governance (GCG) on financial performance, with GCG proxied by the board of commissioners, independent commissioners, managerial ownership, audit committee, and company size—each selected based on their theoretical roles in enhancing oversight, aligning interests, and ensuring transparency. The research focuses on 58 food and beverage manufacturing companies listed on the Indonesia Stock Exchange during 2020–2022, selected through purposive sampling. Using multiple linear regression, the results show that while the board of commissioners, independent commissioners, managerial ownership, and audit committee do not significantly impact financial performance, company size has a significant positive effect. The sector-specific focus limits generalizability, as governance practices and financial dynamics may differ in other industries.
The Effect of KAP Reputation, Public Ownership, Audit Committee, Institutional Ownership, and Independent Commissioners on the Timeliness of Financial Report Submission Arnindya, Fanisa Diva; Kusumawati, Eny
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.361

Abstract

This study investigates the influence of audit firm reputation, public ownership, audit committee, institutional ownership, and independent commissioners on the timeliness of financial report submission in non-financial companies listed on the Indonesia Stock Exchange for the 2021–2023 period. Timeliness refers to the period between the fiscal year-end (December 31) and the submission date of audited reports to the Financial Services Authority (Bapepam-LK). Using purposive sampling, 738 firms were selected and analyzed with logistic regression, which passed model fit, feasibility, and coefficient of determination tests. Results show that only audit firm reputation significantly affects timeliness, suggesting that pressure from reputable external auditors plays a critical role in ensuring compliance. In contrast, the insignificance of internal governance mechanisms such as public ownership, audit committees, institutional ownership, and independent commissioners may reflect weak oversight functions or insufficient enforcement, possibly influenced by industry norms or firm-specific characteristics not captured in this model. The use of purposive sampling poses a limitation due to potential selection bias, which may affect the generalizability of the findings. Nonetheless, the study offers valuable insights for regulators, companies, and investors on the importance of audit quality in promoting timely financial disclosures and calls for further research into contextual and mediating variables affecting reporting behavior.
The Influence of Profitability, Leverage, And Firm Size on Company Value, An Empirical Study of Manufacturing Companies in the Cement Sub-Sector Listed on the IDX in 2016-2023 Radeva Yudi Mumtaza; Witono, Banu
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.362

Abstract

This study aims to examine the influence of profitability, leverage, and firm size on firm value in cement sub-sector manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2016–2023 period. The choice of variables is based on prior research suggesting that profitability reflects a company's ability to generate earnings, leverage illustrates financial risk, and firm size captures resource advantages—each theorized to impact firm value. A quantitative approach was employed, applying multiple linear regression analysis. The regression model was tested for classical assumptions to ensure validity. Sampling was conducted through purposive sampling, targeting companies that consistently published complete financial statements during the study period, resulting in a final sample of [insert number] companies. Secondary data were collected through documentation from the official IDX website. Profitability was measured by Return on Assets (ROA), leverage by Debt to Asset Ratio (DAR), and firm size by the natural logarithm of total assets. Firm value, the dependent variable, was measured using Tobin’s Q, selected for its ability to capture both market perceptions and asset replacement costs, which are particularly relevant for the asset-intensive cement industry. The findings reveal that profitability and firm size do not significantly affect firm value, while leverage has a significant impact.
Reflection of Mo Limo Sunan Kalijaga on Regional Government Accountability Salim, Ahmad; Mufarokah, Mufarokah; Suprianto, Edy
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.363

Abstract

The purpose of this study is to identify the philosophy of Sunan Kalijaga's mo limo reflected in the accountability of local government. This study uses a phenomenological approach with informants from the regional secretary and the caretaker of Sunan Kalijaga's tomb. The results of this study are that the main teachings of Sunan Kalijaga that are held firmly are Mo limo. Mo limo consists of Manembah, Mangabdi, Maguru, Makaryo and Martapa. The local government really embodies and actualizes the philosophy of Sunan Kalijaga in the implementation of governance. The implication is that the cultural value of local wisdom of a region needs to be considered to improve public accountability and transparency. The local government must continue to maintain local culture to improve the performance of the local government.
The Role of Job Satisfaction as a Mediator on the Implementation of Human Resource Information System (HRIS) On Employee Performance at PT. Hardo Soloplast Sari, Ella Ayu Puspita; Waskito, Jati
Majapahit Journal of Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management
Publisher : Department of Sharia Economics Institut Pesantren KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/mjifm.v5i1.364

Abstract

This study investigates the influence of Human Resource Information Systems (HRIS) on employee performance with job satisfaction as a mediating variable at PT. Hardo Soloplast, within the broader context of digital transformation in HR management. Utilizing a quantitative approach and Partial Least Squares-Structural Equation Modeling (PLS-SEM) via SmartPLS 4, the research collected data from 64 randomly selected employees. Results indicate that HRIS significantly enhances both job satisfaction and employee performance, with job satisfaction partially mediating this relationship. While the study confirms the positive impact of HRIS, it treats HRIS as a singular construct without detailing how specific functionalities such as self-service portals, performance tracking, or automated workflows affect satisfaction and performance outcomes. Moreover, the reliance on simple random sampling within a single company limits the generalizability of findings, suggesting that future research should include multi-company comparisons or more diverse sampling strategies. The literature review could be enriched by addressing conflicting evidence and exploring conditions under which HRIS might yield negative effects, such as user resistance or inadequate training. This would provide a more comprehensive and critical understanding of HRIS implementation and its varied outcomes across organizational contexts.

Page 1 of 6 | Total Record : 55

 1   2   3   4   5 

Filter by Year

2025 2025


Reset
Filter By Issues
All Issue Vol. 5 No. 4 (2025): Islamic Finance and Management Vol. 5 No. 3 (2025): Islamic Finance and Management Vol. 5 No. 2 (2025): Islamic Finance and Management Vol. 5 No. 1 (2025): Islamic Finance and Management Vol. 4 No. 2 (2024): Islamic Finance and Management Vol. 4 No. 1 (2024): Islamic Finance and Management Vol. 3 No. 2 (2023): Islamic Finance and Management Vol. 3 No. 1 (2023): Islamic Finance and Management Vol. 2 No. 2 (2022): Islamic Finance and Management Vol. 2 No. 1 (2022): Islamic Finance and Management Vol. 1 No. 2 (2021): Islamic Finance and Management Vol. 1 No. 1 (2021): Islamic Finance and Management More Issue