cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Jamaluddin
Contact Email
jamaluddin@methodist.ac.id
Phone
+6281397181985
Journal Mail Official
jamaluddin@methodist.ac.id
Editorial Address
Kampus 1 Universitas Methodist Indonesia Jl. Hang Tuah No. 8 Medan
Location
Kota medan,
Sumatera utara
INDONESIA
Jurnal Ilmiah METHONOMI
Published by Universitas Methodist Indonesia
ISSN : 2460562X     EISSN : 25989693     DOI : https://doi.org/10.46880/methonomi
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Jurnal Ilmiah Methonomi adalah jurnal ilmiah resmi Program Studi Manajemen Fakultas Ekonomi Universitas Methodist Indonesia untuk menyajikan tulisan ilmiah dari empat konsentrasi ilmu pada program studi manajemen yaitu manajemen keuangan , manajemen pemasaran, manajemen sumber daya manusia, dan manajemen operasi.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 148 Documents
 11   12   13   14   15 
Kinerja Keuangan sebagai Pemoderasi Faktor yang Mempengaruhi Nilai Perusahaan Wadi Petra Juliani Zendrato; Marceline Vallery; Andreani Caroline Barus; Yola Yolanda
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp1-14

Abstract

The objective of this study is to analyze the effect of corporate governance specifically board structures and ownership types on firm valuation, with financial performance acting as a moderator. Focusing on 800 non-financial companies on the IDX from 2022 to 2023, 433 firms were selected using a purposive sampling technique. Data analysis via SmartPLS 3.2.9 reveals that among the governance variables, only independent commissioners significantly determine firm value. Other factors, such as board size and ownership distribution, show no substantial effect. Furthermore, financial performance only moderates the link between independent commissioners and firm value, while having no moderating impact on other governance-related variables.
Analisis Kombinasi Faktor Asal Sekolah dan Jurusan Terhadap Pilihan Program Studi Calon Mahasiswa Baru STMIK Kaputama: Strategi Data-Driven untuk Optimalisasi Penerimaan Mahasiswa Baru Lina Arliana Nur Kadim; Suci Ramadani
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp15-29

Abstract

This study aims to analyze the combined effect of school origin and academic major on study program choices of prospective students, as well as to formulate data-driven admission strategies. The research gap lies in the limited use of historical enrollment data to examine the relationship between educational background and study program selection, particularly in private higher education institutions. This study employs a descriptive quantitative approach with a correlational design using secondary data from 1,462 applicants over five academic years (2021–2026) at STMIK Kaputama. Data were analyzed using descriptive statistics, cross-tabulation, and segmentation analysis. The results indicate a significant relationship between educational background and study program selection. Information Systems emerges as the most preferred program across all segments, while Informatics Engineering is more dominant among vocational graduates with technical backgrounds such as TKJ and RPL. Furthermore, three main segments were identified: academic (SMA), vocational technology (SMK TKJ/RPL), and transition segments (non-technical SMK and MA). The study concludes that student admission strategies should shift from mass marketing to segmented, data-driven approaches to improve effectiveness and institutional competitiveness.
Comparative Analysis of Digital Marketing and Conventional Marketing of NPK Blue Fertilizer Income in PT. XTY Company Aditia Erick Cantona Simatupang; Reynaldi Adrian Ginting; Manaor Bismar Posman Nababan
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp30-43

Abstract

Market demand for fertilizers in the agricultural and plantation sectors continues to rise each year, prompting companies to seek efficient marketing methods to reach these markets. The marketing methods for Blue NPK fertilizer implemented by PT. XTY company are digital marketing and conventional marketing. This research focuses on analyzing business feasibility, income share, income comparative, and income comparisons from the marketing of Blue NPK fertilizer. The research was conducted at PT. XTY company in Medan using purposive sampling. The data collected were secondary data, specifically marketing data on Blue NPK fertilizer, obtained through documentation techniques. The study employed quantitative methods, including business feasibility analysis, income share analysis, income comparative, and income comparison analysis using a t-test with Stata 17 software. This research indicates that the business feasibility value of conventional marketing is higher than digital marketing, the percentage of income share for conventional marketing is higher than digital marketing, the percentage of income comparative for conventional marketing is higher than digital marketing, and there is a significant comparison in income between digital and conventional marketing. This research recommends that the company continue to optimize conventional marketing as it is more profitable for the business.
Pengaruh Profitabilitas dan Struktur Modal Terhadap Nilai Perusahaan dengan Skor ESG Katadata Sebagai Variabel Moderasi: Studi Empiris pada Perusahaan Non-Keuangan yang Terdaftar di Bursa Efek Indonesia Periode 2023–2024 Elinal Magfiroh; Mekani Vestari
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp44-62

Abstract

This study investigates the effect of profitability and capital structure on firm value, with Environmental, Social, and Governance (ESG) serving as a moderating variable in non-financial companies listed on the Indonesia Stock Exchange during the 2023–2024 period. Profitability is measured using Earnings per Share (EPS), capital structure is proxied by the Debt to Equity Ratio (DER), and firm value is measured by Price to Book Value (PBV), while ESG performance is assessed using the ESG Green Katadata score. This research employs secondary data obtained through purposive sampling, resulting in 294 observations that form an unbalanced panel dataset. Panel data regression with a Moderated Regression Analysis (MRA. The findings indicate that EPS does not have a significant effect on firm value, whereas DER and ESG have a negative and significant effect on firm value. ESG does not moderate the relationship between profitability and firm value but strengthens the effect of capital structure on firm value. In addition, firm size has a positive effect, while asset growth has a negative effect on firm value. These results suggest that firm value in the non-financial sector is more strongly influenced by financing decisions and sustainability factors than by short-term earnings performance.
Determinan Nilai Perusahaan: Peran Mediasi dan Moderasi Faktor Lingkungan pada Perusahaan Manufaktur Indonesia Merry Anna Napitupulu; Junika Napitupulu; Septony B. Siahaan; Darusalam
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp75-92

Abstract

This study examines the effects of green innovation (GI), environmental performance (EP), and institutional ownership (KI) on firm value, with carbon emission disclosure (CED), green reputation (GR), and cost of capital (WACC) as parallel mediating variables, and media exposure (ME) and pollutive industry intensity (PI) as moderating variables. Using panel data from 43 manufacturing companies listed on the Indonesia Stock Exchange (IDX) for 2021-2025 (215 firm-year observations), the study employs Structural Equation Modeling-Partial Least Squares (SEM-PLS) via SmartPLS 4.0 with 5,000-subsample bootstrapping. Results show: (1) green innovation and environmental performance positively and significantly affect all three mediators; (2) CED, GR, and WACC partially mediate the effects of GI and EP on firm value; (3) media exposure strengthens the CED-firm value relationship; and (4) pollutive industry intensity strengthens the effects of GI, EP, and CED on firm value. Institutional ownership has no significant direct effect on firm value (beta = 0.089; p = 0.217), a pattern plausibly linked to weaker monitoring incentives among diversified institutional investors in this emerging market. The final structural model explains 71.2% of the variance in firm value (R2 = 0.712). To the best of the authors' knowledge, this study is among the first to simultaneously test a three-channel parallel mediation model with double moderation in Indonesia's post-IDXCarbon (2023) capital market context.
From Macroeconomy to the Firm Level: Revisiting the Resource Curse Hypothesis in Vietnamese Listed Companies Minh Ngoc Trinh
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp93-106

Abstract

This study examines whether the resource curse hypothesis, originally formulated at the country level, also manifests among individual firms in a resource-dependent economy. The analysis employs a panel dataset of 11,937 firm-year observations from 1,406 non-financial companies listed on the Vietnamese stock market over the period 2015 to 2023. A time invariant resource sector indicator is constructed using industry classification codes and verified against corporate names. Profitability, measured by return on assets, and asset growth serve as the dependent variables, with firm size, leverage, tangibility, and year fixed effects included as controls. To ensure robust inference, all models are re-estimated using firm, clustered standard errors and a random effects estimator. When the resource indicator is defined broadly to encompass oil and gas, coal, and mineral extraction, it exhibits no statistically significant association with profitability. The coefficient on return on assets is 0.00491 and remains insignificant under both clustered standard errors and random effects. In sharp contrast, restricting the indicator to the oil and gas subsector reveals a pronounced negative effect. Firms in this subsector exhibit a return on assets approximately 3.13 percentage points lower than their counterparts, with a coefficient of -0.03133 that is significant at the one percent level and remains robust to firm-level clustering. Moreover, the same subsector demonstrates significantly lower asset growth, with a coefficient of -0.08512 that is consistent across all three estimators. Collectively, these findings extend the resource curse debate to the firm level and underscore the substantive empirical implications of industry heterogeneity within the broadly defined resource sector, suggesting that the curse, if present, is not a general feature of resource-intensive industries but rather a subsector-specific phenomenon concentrated in oil and gas.
Penilaian Fundamental dalam Pengambilan Keputusan Investasi pada Saham Pertambangan Batubara di Indonesia: Studi Komparatif pada Saham BUMI dan DEWA Asnahwati Asnahwati; Maretta Selvana Siburian; Jeli Nata Liyas; Khansa Khalisah
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp63-74

Abstract

This study aims to analyze and compare the Price-to-Earnings Ratio (PER) and Price-to-Book Value (PBV) of PT Bumi Resources Tbk (BUMI) and PT Darma Henwa Tbk (DEWA) stocks to inform investment decision-making. A quantitative approach utilizing a comparative method was employed. The study population consisted of all market ratio data (PBV and PER) contained in the published financial statements of PT Bumi Resources Tbk (BUMI) and PT Darma Henwa Tbk (DEWA). The sample comprised PBV and PER data from the 2020–2024 period, selected via purposive sampling based on the criterion of data completeness throughout the observation period. Secondary data—specifically financial statements and stock prices from 2020 to 2024—were used. Data analysis techniques included descriptive analysis, normality testing, and difference testing using either the independent sample t-test or the Mann-Whitney U test. The results indicate a significant difference in PER between BUMI and DEWA stocks; BUMI exhibited a lower and relatively more stable PER. Conversely, no significant difference was found regarding PBV, with both stocks tending to be undervalued. These findings suggest that PER is more relevant than PBV for investment decision-making. The study implies that BUMI stock is better suited for a value investing strategy, whereas DEWA is more appropriate for a speculative strategy.
Reformasi Penyajian Laporan Keuangan Syariah: Kesiapan Bank Umum Syariah Menghadapi PSAK 401 (Revisi 2025) dan Implikasinya terhadap Kualitas serta Komparabilitas Pelaporan Fitri Yani; Yusnita Yusnita
Jurnal Ilmiah METHONOMI Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methonomi.Vol12No1.pp107-119

Abstract

The Indonesian Sharia Accounting Standards Board ratified PSAK 401 (Revised 2025) on the Presentation and Disclosure in Sharia Financial Statements on 21 October 2025, effective for annual periods beginning on or after 1 January 2027. Because no Islamic commercial bank (Bank Umum Syariah/BUS) has yet reported under the new standard, this study is an ex ante readiness assessment rather than an ex post impact evaluation. Using content analysis of the 2025 annual reports of ten BUS and a comparative normative analysis of the standard texts, the study applies a nine-indicator readiness rubric scored on a three-point ordinal scale. The aggregate readiness index reaches 67.8 per cent, ranging from 61.1 to 77.8 per cent. Readiness is uneven rather than uniformly low: banks already satisfy the operating-result subtotal, the notes structure, and the zakat and benevolence fund statements, but none classifies income and expenses into the investing and financing categories, none discloses its own management-defined performance measures, and only six of ten acknowledge the forthcoming standard at all. The findings indicate that the binding constraint is not the volume of disclosure but the architecture of the income statement, and that comparability gains will depend on uniform technical application rather than on the issuance of the standard itself. The Indonesian Sharia Accounting Standards Board ratified PSAK 401 (Revised 2025) on the Presentation and Disclosure in Sharia Financial Statements on 21 October 2025, effective for annual periods beginning on or after 1 January 2027. Because no Islamic commercial bank (Bank Umum Syariah/BUS) has yet reported under the new standard, this study is an ex ante readiness assessment rather than an ex post impact evaluation. Using content analysis of the 2025 annual reports of ten BUS and a comparative normative analysis of the standard texts, the study applies a nine-indicator readiness rubric scored on a three-point ordinal scale. The aggregate readiness index reaches 67.8 per cent, ranging from 61.1 to 77.8 per cent. Readiness is uneven rather than uniformly low: banks already satisfy the operating-result subtotal, the notes structure, and the zakat and benevolence fund statements, but none classifies income and expenses into the investing and financing categories, none discloses its own management-defined performance measures, and only six of ten acknowledge the forthcoming standard at all. The findings indicate that the binding constraint is not the volume of disclosure but the architecture of the income statement, and that comparability gains will depend on uniform technical application rather than on the issuance of the standard itself.

Page 15 of 15 | Total Record : 148

 11   12   13   14   15 

Filter by Year

2015 2026


Reset
Filter By Issues
All Issue Vol. 12 No. 1 (2026): Jurnal Ilmiah METHONOMI Vol. 11 No. 2 (2025): Jurnal Ilmiah METHONOMI Vol. 11 No. 1 (2025): Jurnal Ilmiah METHONOMI Vol. 10 No. 2 (2024): Jurnal Ilmiah METHONOMI Vol. 10 No. 1 (2024): Jurnal Ilmiah METHONOMI Vol. 9 No. 2 (2023): Jurnal Ilmiah METHONOMI Vol. 9 No. 1 (2023): Jurnal Ilmiah METHONOMI Vol. 8 No. 1 (2022): Jurnal Ilmiah METHONOMI Vol. 7 No. 2 (2021): Jurnal Ilmiah METHONOMI Vol. 7 No. 1 (2021): Jurnal Ilmiah METHONOMI Vol. 6 No. 2 (2020): Jurnal Ilmiah METHONOMI Vol. 6 No. 1 (2020): Jurnal Ilmiah METHONOMI Vol. 6 No. Suplemen (2020): Jurnal Ilmiah METHONOMI Vol. 3 No. 2 (2017): Jurnal Ilmiah METHONOMI Vol. 3 No. 1 (2017): Jurnal Ilmiah METHONOMI Vol. 2 No. 2 (2016): Jurnal Ilmiah METHONOMI Vol. 2 No. 1 (2016): Jurnal Ilmiah METHONOMI Vol. 2 No. Suplemen (2016): Jurnal Ilmiah METHONOMI Vol. 1 No. 2 (2015): Jurnal Ilmiah METHONOMI More Issue