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Rizal Kamsurya
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Horizon: Indonesian Journal of Multidisciplinary
Published by Lembaga Intelektual Muda Maluku
ISSN : 29877776     EISSN : 29877180     DOI : http://doi.org/10.54373/hijm
Core Subject : Economy, Humanities, Science, Education, Agriculture, Social,
Agriculture, Biological Sciences & Forestry Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Social Sciences Other
Horizon: Indonesian Journal of Multidisciplinary (HIJM) journal aims to stimulate discussions at all levels of mathematics education through disseminating significant and innovative scholarly studies that are of value to the international research communities. The journal welcomes articles focusing on all aspects of mathematics education including empirical, theoretical, methodological, and philosophical works that have a perspective wider than local or national interest. HIJM publishes only original scholarly works. Manuscripts that are indeed a derivative or replication/dublication (if there is not clear reason, justification) of previous work are not accepted and will not be published in HIJM. Please do not submit the same manuscript simultaneously or separately to HIEJM with another journal. In such cases the responsibility solely rests with the author(s).
Arjuna Subject : Umum - Umum
Articles 464 Documents
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Pengaruh Corporate Social Responsibility dan Struktur Modal Terhadap Nilai Perusahaan Sutriningsih Sutriningsih; Eti Susanti
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 3 (2026): HORIZON: Indonesian Journal of Multidisciplinary
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i3.6535

Abstract

This study aims to analyze the influence of corporate social responsibility and capital structure on firm value in manufacturing companies listed on the Indonesia Stock Exchange for the 2015–2017 period. This study uses a quantitative approach with a causality research type. The data used are secondary data obtained from annual reports and company financial statements, collected through documentation techniques. The study population includes all manufacturing companies listed on the Indonesia Stock Exchange, with the sample determined using a purposive sampling technique, resulting in 108 sample units that meet the research criteria. Data analysis was conducted using multiple linear regression to test the influence of independent variables on the dependent variable. The results of the study indicate that corporate social responsibility disclosure has a positive and significant effect on firm value, as well as capital structure, which is proven to have a significant effect on firm value. These findings provide an empirical contribution in strengthening evidence that non-financial policies, particularly corporate social responsibility disclosure, along with appropriate funding structure management, play an important role in increasing market perception of firm value. The results of this study are expected to be a consideration for company management in formulating strategic policies oriented towards increasing firm value in a sustainable manner.
Pengaruh Literasi Keuangan Terhadap Kebeberhasilan Berwirausaha Dimediasi Self Efficacy pada Gen Z Penerima Kredit Usaha Rakyat di Bank Jambi Cabang Tebo Lili Gustina; Ade Octavia; Musnaini
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 3 (2026): HORIZON: Indonesian Journal of Multidisciplinary
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i3.6538

Abstract

This study aims to analyze the effect of financial literacy on entrepreneurial success with self-efficacy as a mediating variable in Generation Z recipients of People's Business Credit (KUR) at Bank Jambi Tebo Branch. The study used a quantitative approach with a survey method. The sampling technique was carried out by purposive sampling with a total of 95 respondents from Generation Z KUR recipients from January 2025 to November 2025. Data were collected through a questionnaire using a Likert scale and analyzed using Partial Least Squares (PLS). The measurement model was used to test the validity and reliability of the instrument, while the structural model was used to examine the causal relationship between variables and test the hypothesis. The results showed that financial literacy had a positive but insignificant effect on self-efficacy. Self-efficacy was proven to have a positive and significant effect on entrepreneurial success. In addition, financial literacy did not have a direct effect on entrepreneurial success. However, the results of the indirect effect test showed that financial literacy had a significant effect on entrepreneurial success through self-efficacy. These findings indicate that self-efficacy plays a significant role as a mediator between the influence of financial literacy on entrepreneurial success among Generation Z KUR recipients. This research provides an empirical contribution to understanding the role of psychological factors in enhancing the success of young entrepreneurs based on financial literacy.
Pengaruh Kebijakan Deviden dan Keputusan Investasi Terhadap Nilai Perusahaan pada Pt Sumber Alfaria Trijaya Tbk di Bursa Efek Indonesia M. Alif Akbar; Nurul Huda; Nurhayati
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 3 (2026): HORIZON: Indonesian Journal of Multidisciplinary
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i3.6541

Abstract

This study aims to analyze the effect of dividend policy and investment decisions on firm value at PT Sumber Alfaria Trijaya Tbk, which is listed on the Indonesia Stock Exchange during the 2014–2025 period. This research employed a quantitative approach with an associative-causal design. The data used were secondary data obtained from the company's annual financial reports and official publications of the Indonesia Stock Exchange. The sample was selected using a purposive sampling technique with an observation period of 12 years. The independent variables consisted of dividend policy, proxied by the Dividend Payout Ratio (DPR), and investment decisions, proxied by the Price Earning Ratio (PER), while the dependent variable was firm value, proxied by the Price to Book Value (PBV). Data analysis was conducted using multiple linear regression with the assistance of SPSS software through classical assumption tests, coefficient of determination, t-tests, and F-tests. The results indicate that, partially, dividend policy has no significant effect on firm value, with a significance value of 0.593. Investment decisions also have no significant effect on firm value, with a significance value of 0.971. Simultaneously, dividend policy and investment decisions do not significantly affect firm value, with a significance value of 0.805. The coefficient of determination (R²) of 0.047 indicates that the research variables explain only 4.7% of the variation in firm value, while the remaining 95.3% is influenced by other factors outside the research model.
Analisis Rasio Profitabilitas dalam Menilai Kinerja Keuangan pada PT Astra Agro Lestari Tbk Sri Wulandari; Puji Muniarty; Wulandari
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 4 (2026): HORIZON: Indonesian Journal of Multidisciplinary (In-Press)
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i4.6544

Abstract

PT Astra Agro Lestari Tbk has experienced fluctuations in profit after tax and sales over the past few years, so an analysis is needed to assess the company's level of effectiveness in generating profits. This study aims to analyze the financial performance of PT Astra Agro Lestari Tbk based on the Return on Investment (ROI) and Net Profit Margin (NPM) ratios. The study uses a quantitative approach with a descriptive method. The data used are secondary data obtained from the financial statements of PT Astra Agro Lestari Tbk for the period 2012–2024. Data analysis techniques are carried out by calculating the ROI and NPM ratios and testing using the One Sample t-Test to assess the level of the company's financial performance. The results show that the financial performance of PT Astra Agro Lestari Tbk based on the ROI ratio is in the good category, which indicates the company's ability to generate profits from its investments. However, based on the NPM ratio, the company's financial performance has not shown optimal results because the ability to generate net profit from sales is still relatively low. This finding indicates that the effectiveness of the company's investment management is better than the effectiveness of its sales management in generating net profit.
Implementation of Coffee Bean Roasting Level Classification System Using CNN and Knn Models with Web-Based Real-Time Camera Andini Sintawati; Ira Windarti; Ari Rosemalatriasari; Muhammad Alan Darma Saputra
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 3 (2026): HORIZON: Indonesian Journal of Multidisciplinary
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i3.6545

Abstract

Manual coffee bean roasting assessment is still susceptible to operator subjectivity, variations in lighting conditions, and inconsistencies in results between assessors. This study aims to develop a real-time web-based coffee bean roasting classification system by integrating Convolutional Neural Network (CNN) and K-Nearest Neighbor (KNN) models. The study uses a quantitative experimental approach with a dataset of coffee bean images collected independently and expanded to 6,470 images, which are grouped into five classes: GreenRoasting, LightRoasting, MediumRoasting, DarkRoasting, and Unknown. All images are processed through a pre-processing stage including resizing to 160 × 160 pixels, normalization, data augmentation, and splitting training and test data with a ratio of 80:20 in stages. MobileNetV2 is used as a feature extractor in CNN, while KNN with a value of k = 7 and a cosine distance metric is applied for feature vector classification. The final prediction was obtained using a weighted ensemble method with a composition of 60% CNN and 40% KNN, then implemented in a Flask-based web application with support for real-time image upload and camera. Test results showed the ensemble model achieved an accuracy of 85.67% with an average response time of 1,247 ms. This system has the potential to support faster, more consistent, and objective coffee roasting level assessments, especially for small to medium-scale coffee businesses.
Analisis Perilaku Konsumen dan Bauran Pemasaran Terhadap Keputusan Pembelian pada Usaha Kopi Keliling di Kota Bima Al Qamar; Muhajirin; Rosa Yulianti
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 3 (2026): HORIZON: Indonesian Journal of Multidisciplinary
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i4.6550

Abstract

This study aims to analyze the influence of consumer behavior and marketing mix on purchasing decisions in mobile coffee businesses in Bima City. The research employed a quantitative approach with an explanatory research design. Data were collected through questionnaires distributed to 100 respondents selected using purposive sampling. Data analysis was conducted using multiple linear regression with the assistance of SPSS 26. The results indicate that consumer behavior has a positive and significant effect on purchasing decisions, with a regression coefficient of 0.519 and a significance value of 0.000. The marketing mix also has a positive and significant effect on purchasing decisions, with a regression coefficient of 0.438 and a significance value of 0.000. Simultaneously, consumer behavior and marketing mix significantly influence purchasing decisions, as indicated by an F-value of 721.347 and a significance level of 0.000. The coefficient of determination (R²) of 0.937 shows that 93.7% of the variation in purchasing decisions can be explained by both variables. These findings suggest that understanding consumer characteristics and implementing an effective marketing mix are essential for increasing consumer purchasing decisions in mobile coffee businesses in Bima City.
Pengaruh Diskon dan Flash Sale Terhadap Impulsivitas Konsumen pada Marketplace Tiktok Shop Dwi Juni Juniar; Ismunandar; Muhajirin
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 4 (2026): HORIZON: Indonesian Journal of Multidisciplinary (In-Press)
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i4.6553

Abstract

This study aims to analyze the effect of discounts and flash sales on consumer impulsivity in the TikTok Shop marketplace, focusing on Generation Z consumers in Bima City. This research employed a quantitative approach using a survey method. The sample consisted of 90 respondents selected through purposive sampling, with criteria including Generation Z consumers residing in Bima City, owning a TikTok Shop account, and having made purchases during flash sale programs. Data were collected through questionnaires and analyzed using validity and reliability tests, classical assumption tests, multiple linear regression analysis, partial (t) tests, simultaneous (F) tests, and the coefficient of determination. The results indicate that discounts have a positive and significant effect on consumer impulsivity, whereas flash sales do not have a significant effect on consumer impulsivity. Simultaneously, discounts and flash sales have a positive and significant effect on consumer impulsivity in the TikTok Shop marketplace. These findings suggest that discount programs are a more dominant factor in encouraging impulse buying behavior among Generation Z consumers. This study is limited to Generation Z consumers in Bima City; therefore, future research is recommended to expand the study area and incorporate additional variables that may influence consumer impulsivity  
Analisis Kelayakan Amenitas Pariwisata pada Ruang dan CHSE di Taman Hutan Raya Balas Klumprik Surabaya Revani Fatma Vira Pratama; Garsione Agni Andrea
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 4 (2026): HORIZON: Indonesian Journal of Multidisciplinary (In-Press)
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i4.6566

Abstract

This study aims to analyze the feasibility of tourism amenities and the implementation of cleanliness aspects based on the CHSE (Cleanliness, Health, Safety, and Environmental Sustainability) principle at Balas Klumprik Forest Park, Surabaya. This research employs a descriptive qualitative approach, with data collected through field observation, in-depth interviews with the site manager, and documentation. Informants were determined purposively, while data were analyzed through data reduction, data display, and conclusion drawing. The results show that the gazebo is the amenity that best meets the feasibility indicators due to its clean, shaded condition and strategic location. The parking area is fairly feasible, although it still lacks a dedicated space for persons with disabilities, adequate night-time lighting, and clear directional signage. The toilets and prayer room are generally usable but do not yet fully meet feasibility standards, particularly regarding lighting, ventilation, and the tidiness of prayer equipment. Waste bins are available and emptied regularly, yet an on-site waste-sorting system has not been implemented. Overall, the amenities at Balas Klumprik Forest Park can be categorized as fairly feasible, although continuous improvement is required to optimize comfort, cleanliness, accessibility, and service quality for visitors.
Keterampilan Proses Sains Mahasiswa dalam Penggunaan Laboratorium Virtual Berbasis Tinkercad pada Materi Gerbang Logika Wilfrida Mayasti Obina; Adnan Sahar; Evani Doana Nababan; Andi Nurfahrunnisa
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 3 (2026): HORIZON: Indonesian Journal of Multidisciplinary
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i3.6567

Abstract

This study aims to analyze students' science process skills in using Tinkercad-based virtual laboratories on logic gates. The study used a qualitative method with a descriptive case study approach, with subjects being students of the Physics Education Study Program at Musamus University who took the Digital Electronics course in the 2025/2026 academic year. Data collection was carried out systematically through direct observation, questionnaires, and in-depth interviews to obtain an overview of students' science process skills. Indicators used include the skills of observing, predicting, conducting experiments, analyzing and solving problems, and drawing conclusions. The results showed that students' science process skills in using Tinkercad-based virtual laboratories were in the good category, with an average observation score of 73.00% and supported by questionnaire results of 75.83%. The skill of conducting experiments was in the very good category with a percentage of 82.50%. Meanwhile, the skills of analyzing and solving problems and drawing conclusions each reached 75.00%, observation skills were 72.50%, and prediction skills were in the fairly good category with a percentage of 60.00%. These findings indicate that the use of a Tinkercad-based virtual laboratory is effective in supporting the development of students' science process skills through experimental simulation experiences on logic gate material.
Pengaruh Dukungan Organisasi dan Psychological Safety Terhadap Perilaku Inovatif Karyawan dalam Lingkungan Kerja Digital di PT Bank Kalteng Kota Palangka Raya Anike Retawati; Muhamad Ruzaini Abdi; Roni Kurnia Sukmaputra
HORIZON: Indonesian Journal of Multidisciplinary Vol. 4 No. 4 (2026): HORIZON: Indonesian Journal of Multidisciplinary (In-Press)
Publisher : Lembaga Intelektual Muda (LIM) Maluku

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54373/hijm.v4i4.6568

Abstract

This study aims to analyze the influence of organizational support and psychological safety on employees' innovative behavior in a digital work environment. The study uses a quantitative approach with an explanatory research type. Data was collected through questionnaires distributed to employees of PT Bank Kalteng in Palangka Raya who use digital systems in their daily work activities. The sampling technique used is purposive sampling. Data analysis was done using multiple linear regression with the help of SPSS software, which includes validity and reliability tests, classical assumption tests, t-tests, F-tests, and the coefficient of determination. Research results show that organizational support has a positive and significant effect on employees' innovative behavior. Psychological safety also has a positive and significant impact on employees' innovative behavior. Together, organizational support and psychological safety significantly influence employees' innovative behavior in a digital work environment. These findings suggest that employees' innovative behavior is not only determined by the use of technology, but also by how much the organization provides support, facilities, rewards, and creates a sense of psychological safety for employees to share ideas, try new ways of working, and participate in work innovation. This study implies that digital transformation in the banking sector needs to be accompanied by strengthening organizational support and an open work culture so that employees can adapt and innovate continuously.

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