cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
I Made Surya Negara Sudirman
Contact Email
glowscien@gmail.com
Phone
+6281353591898
Journal Mail Official
glowcien@gmail.com
Editorial Address
Jl. Raya Abianbase No. 27, Br. Semate, Kel. Abianbase, Kec. Mengwi, Kab. Badung, Provinsi Bali, 80351
Location
Kab. badung,
Bali
INDONESIA
The Journal of Financial, Accounting and Economics
Published by PT. Global World Scientific
ISSN : -     EISSN : 30319064     DOI : https://doi.org/10.58857/JFAE.2024.v01.i02.p05
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
The Journal of Financial, Accounting, and Economics (JFAE) is a scientific journal published by the Global World Scientific which aims to publish articles of empirical and theoretical studies in the field of Accounting, Finance, and Economics. Editors accept articles in English or Bahasa and were not delivered or published in another journal. Determination of the article that appeared determined by expert editors review results through a blind review process. JFAE focuses related on various themes, topics and aspects Financial, Accounting, and Economics, including (but not limited) to the following topics: Accounting, Behavioral Accounting, Financial Management, Behavioral Finance, Sharia Banking, Conventional Banking, Capital Market, Economics Development, and Behavioral Economics.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 20 Documents
 1   2 
Analysis of Financial Distress Potential Using the Altman Z-Score and Springate Methods in Predicting Company Bankruptcy Nindy Tri Afifah; Didin Fatihudin; Anita Roosmawarni
The Journal of Financial, Accounting, and Economics Vol. 1 No. 2 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i02.p01

Abstract

This study aims to identify the potential for financial distress in oil and gas sub-sector companies listed on the Indonesia Stock Exchange using two prediction models, namely Altman Z-Score and Springate. This study also tests whether there is a significant difference between the two methods in detecting bankruptcy risk. The sampling method used is purposive sampling, with the population consisting of all oil and gas sub-sector companies listed on the IDX during the period 2011–2015, and six companies were obtained as samples that met the criteria. This study was motivated by the decline in national oil and gas reserves, technical-operational challenges, and global oil price volatility which have a significant impact on the financial stability of companies in this sector. The data analysis methods used include the application of the Altman Z-Score and Springate models to calculate the financial distress score for each company, followed by a Paired Sample T-Test to determine significant differences between the two methods. The results of the study indicate that most companies show indications of being in a high-risk zone for financial distress, both based on the Altman Z-Score and Springate analyses. In addition, statistically significant differences were found between the prediction results of the two models, indicating differences in sensitivity in detecting bankruptcy risk. The implications of this study indicate the importance for oil and gas company management, investors, and regulators to use more than one analysis model in identifying and anticipating financial crises early in order to maintain the sustainability of the national energy industry.
The Influence of Financial Literacy and Lifestyle on Student Financial Management Behavior Afrizna Kurnia Putri; Didin Fatihudin; Rieska Maharani
The Journal of Financial, Accounting, and Economics Vol. 1 No. 1 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i01.p01

Abstract

The purpose of this study was to determine the effect of financial literacy and lifestyle on Financial Management Behavior of Management Students of Muhammadiyah University of Surabaya. The following research uses a quantitative approach and analytical method multiple linear regression. The data collection technique in this study used a questionnaire with a sample of 181 respondents. The results of the following research show that financial literacy, and lifestyle simultaneously have a positive and significant effect on financial management behavior of management students of Muhammadiyah University of Surabaya. While partially the variable that greatly influences is financial literacy, the lifestyle variables have no significant effect on financial management behavior of management students of Muhammadiyah University of Surabaya. So with financial literacy a person can manage his finances appropriately and efficiently.
The Influence of Dividend Policy, Earnings Volatility and Leverage On Volatility of Jakarta Islamic Index (JII) Stock Prices Melia Br Sagala; H. Jamal; Besse Wediawati; Musnaini
The Journal of Financial, Accounting, and Economics Vol. 1 No. 1 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i01.p05

Abstract

Stock price volatility is the movement up or down of stock prices. This study aims to determine the effect of dividend policy, earnings volatility and leverage on stock price volatility. This research was conducted on company shares in the Jakarta Islamic index. The sampling method used was purposive sampling and obtained a sample of 8 companies based on the criteria. The data analysis technique uses multiple linear regression. Data were obtained from financial reports, dividend distribution reports, and other literature.Based on the test results, it was found that dividend policy, earnings volatility, and leverage simultaneously have a significant effect on stock price volatility. Partially leverage has a significant effect on stock price volatility and dividend policy, earnings volatility has no significant effect on stock price volatility. The adjusted R Square value shows a value of 22.8% while the remaining 77.2% is influenced by other variables not included in this research model.
The Meaning of Industrial Revolution 5.0 For The Accountant Profession Dina Alafi Hidayatin; Hafidza Nash'ul Amrina; Iwan Wahyudi
The Journal of Financial, Accounting, and Economics Vol. 1 No. 1 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i01.p02

Abstract

The Industrial Revolution 5.0 is marked by rapid digital involvement and the dominance of robotics and artificial intelligence in all areas of business life. This condition requires people to be able to adapt by creating innovation and self-development. Even though it broadly has a positive impact on human life, on the other hand, if it is not controlled properly it will cause unrest. The accounting profession is one of the parties that will be negatively impacted by this condition. Through this research, the researcher wants to convey how an accountant should interpret the era of the Industrial Revolution 5.0. The results obtained from this research conclude that a professional accountant must be able to control himself by opening his mindset in dealing with it. Through optimistic thinking, a professional accountant can bring himself to think more about solutions rather than just raising concerns. There are many ways that an accountant can do to maintain its existence. Accountants can invest in developing skills and knowledge in the field of digital technology, opening themselves up to being able to live side by side with technology to support their work, and mastering certain skills that are in line with current developments.
The Influence of Financial Literacy and Financial Technology Payment on Udayana University Management Students' Interest in Transactions Emeralda Mitsy Liu; I Made Surya Negara Sudirman
The Journal of Financial, Accounting, and Economics Vol. 1 No. 1 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i01.p03

Abstract

This research aims to determine the influence of financial literacy and the use of Financial Technology (Fintech) Payment on the transaction interest of Management students at Udayana University. This study was conducted to understand the level of students' understanding of finance and the extent of the influence of Fintech Payments in shaping their transaction interest. The survey method was used to collect data from 94 respondents who were students of the Management Study Program at Udayana University. Data analysis used statistical techniques, including multiple regression and descriptive analysis. This study shows that financial literacy and financial payment technology have a positive impact on students' interest in making transactions. It is hoped that the results of this research will provide further insight into the relationship between financial literacy, the use of Fintech Payments, and the transaction interest of Management students, which can be the basis for developing financial literacy programs and increasing acceptance of Fintech Payments among students.
Income Diversification and Financial Sustainability of Microfinance Institutions In Kenya Livingstone Cheboi Talel; Irene Asienga; Peter Nderitu Githaiga
The Journal of Financial, Accounting, and Economics Vol. 1 No. 1 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i01.p04

Abstract

The purpose of this paper was to investigate the effect of income diversification and financial sustainability of microfinance institutions in Kenya. The study used panel data drawn from 32 MFIs over the period 2010-2019 that yielded 320 observations. The data was sourced from the MIX market, a World Bank Database for all MFIs that self-report. Data was analyzed through the ordinary least squares (OLS), the system generalized method of moments, the fixed effect and random effect model. The findings revealed that income diversification had a positive significant relationship to the sustainability of microfinance institutions in Kenya. The results further revealed that breadth of outreach, firm size, average loan size, debt to equity ratio and portfolio at risk (Par>30) had a significant effect on financial sustainability of microfinance institutions in Kenya. Based on the findings this study recommend that MFIs should consider income diversification in their effort towards attaining financial sustainability
From Bean to Brand: Innovative Strategies for Enhancing the Economic Value of Coffee in Watutau Village, Lore Peore Subdistrict, Poso Regency, Central Sulawesi Province Indra Setiawan; Syamsul Bahri Dg. Parani; Maskuri Sutomo; Erwan Sastrawan Farid
The Journal of Financial, Accounting, and Economics Vol. 1 No. 2 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i02.p03

Abstract

Indonesia is one of the largest coffee producers in the world, but the country's contribution to global coffee exports has declined significantly, mainly due to the low added value of coffee products that are still sold in raw form. Meanwhile, domestic coffee consumption continues to increase, providing opportunities for Micro, Small, and Medium Enterprises (MSMEs) to develop coffee products with higher added value. This study focuses on Watutau Village, which is famous for its high-quality coffee, but has not been optimal in utilizing this potential. The majority of coffee farmers in Watutau Village still sell raw coffee beans, which results in low product sales value and farmer welfare. Therefore, this study explores the potential for innovation in processing, packaging, and branding to increase the competitiveness and income of coffee MSMEs in the village. Through a qualitative approach and case studies, this study identifies the challenges faced by farmers and MSMEs in increasing the added value of coffee, and develops innovative strategies involving post-harvest processing, attractive packaging, and building a strong brand identity. This study also aims to strengthen the local coffee MSME sector and increase farmers' income. The results of the study are expected to provide theoretical contributions in the field of entrepreneurship and agribusiness product innovation, as well as practical guidance for business actors and local governments in designing economic empowerment programs based on local potential.
Strategy, Structure, and System: Literature Study of Basic Management Implementation in the Public Sector Ni Ketut Mahayanti Pramiswari Asak
The Journal of Financial, Accounting, and Economics Vol. 1 No. 2 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i02.p04

Abstract

Public sector management plays a key role in improving the efficiency and effectiveness of public services. This study aims to evaluate the application of managerial principles in the public sector, highlighting the importance of integrated strategy, structure, and system management. Factors such as human resource capacity, use of information technology, and the application of transparency and accountability principles were found to have a significant impact on public sector performance. The study also identified key challenges in implementing managerial strategies, including resource constraints and bureaucratic barriers. As part of this research, a systematic approach in analyzing relevant literature through the Systematic Literature Review (SLR) methodology was used to provide in-depth insights into public sector management. The research findings suggest that flexible and decentralized organizational structures can accelerate decision-making and improve responsiveness to community needs. Management information systems (MIS) are important tools in improving efficiency and transparency. The results of this study provide practical guidance for policy makers in designing more effective systems and structures in the public sector.
The Role of Financial Literacy in Post-Disaster Financial Management of MSMEs: A Case Study in Huntap Duyu and Balaroa Sub-districts, Palu City Irma Damaiyanti Lelewana; Vitayanti Fattah; Juliana Kadang; Rian Risendy
The Journal of Financial, Accounting, and Economics Vol. 1 No. 2 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i02.p02

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play an important role in post-disaster economic recovery, including in relocation areas such as Huntap Duyu and Balaroa Sub-districts in Palu City. This study aims to explore the role of financial literacy in MSME financial management practices in both sub-districts. The method used is a qualitative approach with an intrinsic case study, which includes in-depth interviews, participant observation, and documentation to obtain data on the level of financial literacy, financial management practices, and challenges faced by MSME actors. The results of the study indicate that most MSME actors in the area have a low understanding of financial literacy, which is reflected in informal and intuitive financial management practices. However, there are differences between business actors in Duyu and Balaroa, with MSME actors in Duyu being more open to financial training and assistance. This study provides theoretical contributions in the development of financial literacy in the post-disaster context and practical in designing more effective community-based economic empowerment programs. These findings are expected to be the basis for supporting institutions and policy makers in designing more relevant interventions for MSMEs in relocation areas. The right financial education program can help MSMEs improve their business resilience and economic sustainability in the future.
The Strategic Role of Forecasting in Managerial Planning: A Scientific Literature Review Ria Ayu Widari Sutriana; I Made Surya Negara Sudirman
The Journal of Financial, Accounting, and Economics Vol. 1 No. 2 (2024)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2024.v01.i02.p05

Abstract

This study aims to systematically review the academic literature related to the role of forecasting in managerial planning, using the Systematic Literature Review (SLR) approach. This review was conducted on 47 articles published between 2015 and 2024, collected from reputable databases such as Scopus and Web of Science. The focus of the study includes methodological approaches, key findings, research trends, and geographical and sectoral distribution of the analyzed studies. Following the PRISMA protocol, this study successfully identified key topics such as prediction accuracy, forecasting applications in strategic decision making, and challenges in applying forecasting in a dynamic business environment. The benefits of this study include strengthening the theoretical and practical foundations in forecasting for more accurate and objective decision-making. Academics can use the study results as material for curriculum development and further research directions, while practitioners obtain guidance in strategically implementing forecasting. This study also fills the gap in the literature related to the integration of forecasting theory and practice. It contributes to educating organizations to shift from an intuitive approach to a data-driven approach in future planning.

Page 1 of 2 | Total Record : 20

 1   2 

Filter by Year

2024 2025


Reset
Filter By Issues
All Issue Vol. 2 No. 2 (2025) Vol. 2 No. 1 (2025) Vol. 1 No. 2 (2024) Vol. 1 No. 1 (2024)