cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Novianita Rulandari
Contact Email
journal@idscipub.com
Phone
+6282115151339
Journal Mail Official
journal@idscipub.com
Editorial Address
https://journal.idscipub.com/moneta/about/editorialTeam
Location
Kota adm. jakarta pusat,
Dki jakarta
INDONESIA
Moneta : Journal of Economics and Finance
Published by PT Penerbit Ilmiah Indonesia
ISSN : -     EISSN : 30308666     DOI : https://doi.org/10.61978/moneta
Core Subject : Economy,
Economics, Econometrics & Finance
Moneta : Journal of Economics and Finance with ISSN Number 3030-8666 (Online) published by Indonesian Scientific Publication, published original scholarly papers across the whole spectrum of economics and finance. The journal attempts to assist in the understanding of the present and potential ability of accounting to aid in the recording and interpretation of international economic transactions and taxation practices.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 5 Documents
 1 
Search results for , issue "Vol. 3 No. 1 (2025): January 2025" : 5 Documents clear
The Effect of Environmental Social Governance (ESG) Disclosure on Firm Value with Profitability and Firm Size as Moderation Variables Adhia, Lusy Laila; Paramita, Veronika Santi
Moneta : Journal of Economics and Finance Vol. 3 No. 1 (2025): January 2025
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/moneta.v3i1.444

Abstract

Global warming occurs due to greenhouse gas emissions and carbon emissions that impact climate change, the environment, social life, and the economy. The banking sub-sector plays an important role in sustainability. However, several banks provide financing to firms that are indicated to damage the environment so that they can reduce the firm's value. The value of firms in the banking sub-sector for the 2019-2023 period has decreased. This study looks at how firm value is affected by environmental, social, and governance (ESG), with firm size and profitability as moderating factors. Quantitative method with descriptive and causal approaches. Secondary data sources were obtained from financial statements and sustainability reports. The population includes 47 banks listed on the IDX 2019-2023, with 16 companies as samples, which were selected using purposive sampling. Then statistical analysis tools, such as MRA and panel data regression, were used to analyze the data. The findings show ESG has an adverse impact on firm value. Return on assets cannot reduce the effect of ESG disclosure on firm value. Firm size can enhance the effect of ESG disclosure on firm value.
The Influence of Environmental Social Governance, Firm Size, and Profitability on Firm Value Rama, Mayliesya Hielmy Duisyah; Paramita, Veronika Santi
Moneta : Journal of Economics and Finance Vol. 3 No. 1 (2025): January 2025
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/moneta.v3i1.445

Abstract

Global warming has grown significantly in importance as a critical environmental issue in recent years. This trend presents a considerable challenge for businesses. In an effort to increase awareness of sustainability, the Indonesia Stock Exchange launched the SRI-KEHATI Index, a stock index that includes companies that meet ESG criteria. Between 2019 and 2023, the worth of companies included in the index has shown a declining trend. This study examines the relationship of firm value with ESG, firm size, and profitability using secondary data from sustainability reports and financial statements. This study uses a quantitative approach that combines descriptive and causal methodologies. The study’s population is 43 companies, a selection of 11 companies was made as samples through purposive sampling techniques. The analysis technique applied is panel data regression. In conclusion, firm value is negatively affected by ESG, although firm size does not have an impact. ROA positively impacts firm value.
Factors Influencing Company Valuation in the Indonesian Cement Sector Wangi, Risfa Mustifa; Putra, Okta Eka; Kusumawardhani, Aninditha Putri
Moneta : Journal of Economics and Finance Vol. 3 No. 1 (2025): January 2025
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/moneta.v3i1.425

Abstract

Investigation elucidates the characterization and impact of IC, effective corporate governance, and environmental performance on corporate valuation within the cement industry. Empirical evidence reveals a deterioration in corporate valuation within the cement industry during the period spanning 2019 to 2023. Among the novel contributions distinguishing this research from antecedent studies is its targeted examination of companies within the cement industry, a focus that remains underexplored in existing literature. The methodology adopted is quantitative, utilizing both descriptive and verification approaches. The research population comprises all cement industry during the 2019-2023 period. Sample selection was executed through purposive sampling based on specified criteria, resulting in the acquisition of 25 financial reports from five distinct companies. The findings of this study indicate that IC, GCG, and Environmental Performance collectively exert an influence on Firm Value within cement industry companies on the IDX throughout the 2019-2023 timeframe. These findings suggest that enterprises exhibiting robust IC, adhering to sound corporate governance practices, and demonstrating commendable environmental performance are predisposed to achieving elevated firm value. Additionally, this research reveals that IC has the most pronounced effect on firm value, succeeded by Environmental Performance, whereas GCG appears to have an insubstantial impact. It is imperative for cement industry companies in Indonesia to adopt a comprehensive strategy aimed at enhancing firm value.
Fiscal Policy and Debt Management: A Narrative Review of Global Lessons Lestari, Putri Ayu; Andika, Cruift
Moneta : Journal of Economics and Finance Vol. 3 No. 1 (2025): January 2025
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/moneta.v3i1.885

Abstract

This narrative review investigates global practices and lessons learned regarding fiscal policy and public debt sustainability, aiming to identify institutional, structural, and strategic factors that influence long-term fiscal balance. The study draws upon peer-reviewed empirical studies, panel data analyses, and case studies sourced from Scopus, Google Scholar, and other academic databases, using keywords such as "fiscal policy," "public debt," "fiscal sustainability," and "debt analysis." Studies were selected based on inclusion criteria that focused on national-level fiscal management and policy effectiveness, with particular emphasis on comparative and empirical analyses. Findings indicate that high debt-to-GDP ratios reduce fiscal space and hinder governments' ability to respond effectively to economic crises. Structural vulnerabilities, including institutional weaknesses and income inequality, further aggravate the sustainability of public debt. Effective strategies identified include the adoption of fiscal rules, independent fiscal councils, tax system reforms, and long-term investments in infrastructure and innovation. Comparative perspectives show that Nordic countries and selected Asian nations have achieved greater fiscal discipline through integrated institutional and policy frameworks. This review underscores the urgent need for systemic reforms that prioritize transparency, policy coordination, and inclusive economic growth. Future research should explore tailored debt sustainability frameworks and assess the political economy dimensions of fiscal governance. The findings provide evidence-based insights for policymakers seeking sustainable pathways to manage public debt without compromising developmental goals.
Institutional and Market Forces in Wage Inequality: A Narrative Review Cupiadi, Hedi
Moneta : Journal of Economics and Finance Vol. 3 No. 1 (2025): January 2025
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/moneta.v3i1.891

Abstract

This study conducts a narrative review to investigate the interplay of institutional and market forces shaping wage inequality in contemporary labor markets. The primary objective is to assess how educational background, gender, informal employment, migration, and labor market regulations contribute to wage disparities across different socioeconomic contexts. A comprehensive literature analysis was employed, reviewing peer-reviewed articles, cross-national studies, and policy documents sourced from major academic databases. The review identifies formal education as a fundamental determinant of upward wage mobility, while acknowledging the growing relevance of non-formal skills in bridging employment gaps. Gender bias continues to influence wage distribution, sustained by institutional inertia and underdeveloped enforcement mechanisms. Informal sector employment and migrant labor status remain critical barriers to equitable wages, largely due to the absence of legal safeguards and systemic exclusion from labor protections. Labor market policies—particularly minimum wage enforcement and social protection mechanisms—have shown varying degrees of effectiveness. Their success is highly contingent on implementation quality and institutional robustness. Interactions between market dynamics and institutional frameworks are pivotal in shaping labor outcomes. The review highlights the need for integrated policy approaches that combine education reform, labor protections, and inclusive economic planning to address the structural roots of wage inequality. Further interdisciplinary research is necessary to inform context-sensitive, long-term solutions.

Page 1 of 1 | Total Record : 5

 1 

Filter by Year

2025 2025


Reset
Filter By Issues
All Issue Vol. 4 No. 1 (2026): January 2026 Vol. 3 No. 4 (2025): October 2025 Vol. 3 No. 3 (2025): July 2025 Vol. 3 No. 2 (2025): April 2025 Vol. 3 No. 1 (2025): January 2025 Vol. 2 No. 4 (2024): October 2024 Vol. 2 No. 3 (2024): July 2024 Vol. 2 No. 2 (2024): April 2024 Vol. 2 No. 1 (2024): January 2024 Vol. 1 No. 1 (2023): October 2023