Journals Faculty of Economics and Business (Univ. Lampung)
Not a member yet
363 research outputs found
Sort by
THE INFLUENCE OF STATE CAPITAL PARTICIPATION, STRATEGIC ORIENTATION, AND ACCOUNTABILITY ON THE FINANCIAL PERFORMANCE OF STATE-OWNED ENTERPRISES: A PANEL DATA FEM ANALYSIS (2021–2024)
Full text linkThis study aims to analyze the influence of State Capital Participation (PMN), strategic orientation, accountability, good corporate governance (GCG), and risk management on the financial performance of State-Owned Enterprises (SOEs) in Indonesia during the 2021–2024 period. Using a quantitative approach with panel data and the Fixed Effect Model (FEM), the research involved 62 SOEs with a total of 217 observations. The results show that, simultaneously, the five independent variables significantly affect financial performance as measured by net profit after tax. However, individually, none of the variables show a statistically significant impact. These findings suggest that PMN and internal strategies have not yet delivered direct short-term improvements in profitability, likely due to external factors such as government intervention, long-term projects, and post-pandemic economic conditions. Furthermore, the implementation of GCG, accountability, and risk management tends to have long-term effects that are not immediately reflected in financial outcomes. This study contributes to the understanding of how structural and strategic factors interact in shaping SOE performance and recommends that policymakers and SOE leaders enhance coordination between fiscal support and internal governance reforms to achieve sustainable financial outcomes
PENGARUH CITRA MEREK, KOREAN WAVE, DAN FANATISME TERHADAP KEPUTUSAN PEMBELIAN MERCHANDISE SM ENTERTAINMENT
Full text linkBudaya merupakan salah satu bidang yang terpengaruh oleh globalisasi. Semakin mudah sebuah budaya di akses maka penyebarannya juga akan semakin cepat. Salah satu budaya yang terkenal yaitu penyebaran budaya korea ke seluruh dunia salah satunya yaitu Indonesia. SM Entertainment merupakan salah satu agensi K-POP yang memiliki berbagai artis. SM Entertainment juga menjual berbagai macam album dan merchandise dalam rangka mempromosikan artisnya. Album dan merchandise merupakan penyumbang terbesar dari pendapatan SM Entertainment. SM Entertainment dapat melakukan penjualan merchandise hingga 2-3 kali dalam kurun waktu satu minggu. Namun, penjualan merchandise berada 27% di bawah penjualan album walaupun album rata-rata hanya dikeluarkan 2 kali dalam kurun waktu satu bulan. Penelitian ini bertujuan untuk mengetahui pengaruh citra merek, korean wave, dan fanatisme terhadap keputusan pembelian merchandise SM Entertainment di Jawa Tengah. Penelitian ini menggunakan metode kuantitatif. Data yang digunakan dalam penelitian ini diperoleh dari kuesioner yang disebar kepada 100 responden di Jawa Tengah dengan menggunakan purposive sampling dan di olah menggunakan SPSS 26. Hasil yang didapatkan yaitu secara parsial citra merek tidak memiliki pengaruh terhadap keputusan pembelian, korean wave dan fanatisme memiliki pengaruh positif dan signifikan terhadap keputusan pembelian. Secara simultan variabel citra merek, korean wave, dan fanatisme berpengaruh terhadap keputusan pembelian. Saran bagi peneliti selanjutnya yaitu dapat menganalisis lebih lanjut mengenai citra merek apakah citra merek dapat mempengaruhi keputusan pembelian ataupun tidak
THE ROLE OF CASH HOLDING, CORPORATE SOCIAL RESPONSIBILITY AND OPERATING CAPACITY ON FINANCIAL DISTRESS WITH CASH FLOW AS A MODERATING VARIABLE
Full text linkThe purpose of this study is to determine and analyze the influence of cash holding, corporate social responsibility and operating capacity on financial distress with cash flow as a moderating variable. The subject of this study is manufacturing companies listed in the Indonesian Sharia stock index for the period 2020 to 2023. The data collection method uses a purposive sampling technique, so that a sample of 35 companies was obtained with a total of 140 studies. This study uses secondary data with a quantitative approach and the data is analyzed by Moderated Regression Analysis (MRA) with the help of Eviews software version 12. The theoretical basis used in this study is Signaling Theory. The results showed that cash holding had a significant negative effect on financial distress, while corporate social responsiveness and operating capacity did not have a significant effect on financial distress. Then, the results of the study also show that cash flow as a moderation variable is able to strengthen the influence of cash holding on financial distress. Cash flow as a moderation variable is not able to strengthen the influence of corporate social responsiveness on financial distress. Cash flow as a moderation variable is not able to strengthen the influence of operating capacity on financial distress
Analyzing Poverty Across Indonesian Provinces Using Panel Data Regression
Full text linkThis study aims to analyze the factors that influence poverty levels in provinces in Indonesia using panel data regression. This study uses secondary data from the Central Statistics Agency (BPS). The data used includes variables such as provincial poverty rate (TKP), gross regional product per capita (PPK), open unemployment rate (TPT), and average length of schooling (RLS). The results of the analysis show that the fixed effect model is the most appropriate model for this data, as confirmed by the Chow test and the Hausman test. RLS has a negative and significant effect on poverty rates, indicating that increased education correlates with a decrease in poverty. Meanwhile, TPT has a positive but insignificant effect at the 5% level, although it is close to significant at the 10% level. This suggests that increased unemployment tends to increase poverty. PPK has a negative but insignificant effect on poverty levels, reflecting the phenomenon of “growth without justice” where the benefits of growth are not felt equally by all segments of society. This model has a very high level of suitability, with an R-squared value of 0.996810, which means that 99.68% of the variation in poverty levels can be explained by the independent variable
The Relationship Between Granger Causality Analysis and Indonesian Trade and Economic Growth.
Full text linkThese findings confirm that the contribution of domestic assets to economic growth is relatively limited, which is in line with the literature that emphasizes the more dominant role of foreign direct investment, household consumption, and fiscal and monetary policies in influencing the Indonesian economy. Second, the causality test on foreign assets also shows similar results, namely that economic growth has not been proven to affect changes in foreign assets, and vice versa. Based on the findings of this study, the recommendation for the government is to implement economic development policies that are more focused on strengthening the domestic foundation, particularly by encouraging productive investment, increasing the competitiveness of the real sector, and strengthening household consumption, which has been proven to be more significant in driving economic growt
THE INFLUENCE OF SHARIA ACCOUNTING INFORMATION SYSTEMS ON THE FINANCIAL PERFORMANCE OF ISLAMIC FINANCIAL INSTITUTIONS: THE MEDIATING ROLE OF CUSTOMER TRUST AND COMPLIANCE
Full text linkThis study examines the influence of Sharia Accounting Information System (SAIS) quality on the financial performance of Islamic financial institutions, considering customer trust and Sharia compliance as mediating variables. Using a quantitative explanatory design, data were collected from respondents representing managers, accounting staff, internal auditors, and active customers of Islamic financial institutions across Indonesia. The data were analyzed using SEM–PLS. The results demonstrate that SAIS quality positively and significantly affects financial performance, both directly and indirectly, through the mediating roles of customer trust and Sharia compliance. High-quality SAIS enhances information accuracy, timeliness, reliability, and integrity, thereby improving transparency, operational efficiency, and compliance with Islamic principles. Furthermore, customer trust strengthens institutional credibility, while adherence to Sharia principles reinforces ethical governance and social legitimacy, ultimately driving financial sustainability. This study contributes to the literature by integrating technological and spiritual dimensions into the Islamic financial performance model. It also extends the DeLone and McLean Information System Success framework by embedding faith-based constructs. The findings also provide practical insights for managers and regulators to improve digital governance and reinforce Sharia-compliant information systems in achieving competitive advantage and sustainable performance within the Islamic finance industry
PENGARUH DEBT TO EQUITY RATIO, UKURAN PERUSAHAAN, EARNING PER SHARE, DAN NET PROFIT MARGIN TERHADAP HARGA SAHAM
Full text linkOne of the main drivers of GDP growth in the agricultural sector last quarter was the plantation subsector. International market demand and supply for plantation products can influence stock prices. The average stock price of companies in the Plantation Subsector during the period 2016-2022 experienced fluctuations. This research aims to determine the effect of Debt to Equity Ratio, Company Size, Earnings per Share, and Net Profit Margin on stock prices in Plantation Subsector Companies listed on the Indonesia Stock Exchange for the period 2016-2022. The data used in this research were obtained from financial reports. The sampling technique used was purposive sampling, resulting in 77 data points from a sample of 11 companies. The analysis technique used in this research is multiple linear regression analysis using SPSS version 25.0. The results of this study indicate that the Debt to Equity Ratio and Earnings per Share have a significant effect on stock prices, while Company Size and Net Profit Margin do not have a significant effect on stock prices.Salah satu penopang utama pertumbuhan PDB sektor pertanian kuartal lalu ialah subsektor perkebunan Permintaan dan penawaran dari pasar internasional terhadap hasil perkebunan dapat menggerakan harga saham. Rata-rata harga saham perusahaan Subsektor Perkebunan selama periode tahun 2016-2022 mengalami kenaikan dan penurunan. Penelitian ini bertujuan untuk mengetahui pengaruh Debt to Equity Ratio, Ukuran Perusahaan, Earning per Share, dan Net Profit Margin terhadap harga saham pada Perusahaan Subsektor Perkebunan yang Terdaftar di Bursa Efek Indonesia Periode 2016-2022. Data yang digunakan dalam penelitiain ini diperoleh dari laporan keuangan. Teknik pengambilan sampel adalah dengan menggunakan metode purposive sampling dan diperoleh 77 data dari sampel yang berjumlah 11 perusahaan. Teknik analisis yang digunakan dalam penelitian ini adalah uji analisis regresi linear berganda dengan menggunakan software SPSS versi 25.0. Hasil penelitian ini menunjukan bahwa Debt to Equity Ratio dan Earning per Share berpengaruh signifikan terhadap Harga Saham sedangkan Ukuran Perusahaan dan Net Profit Margin tidak berpengaruh signifikan terhadap Harga Saham
ANALYSIS OF EARNINGS GROWTH AND DIVIDENDS ON STOCK RETURNS
Full text linkInvestors need information to help make the right investment decisions. One of the considerations for investors to make investment decision in a company is the company's stock return and thus, investors do need to know the variables that can affect stock returns. For this reason, this study was conducted with the aim of determining whether earnings growth and dividends have a significant effect on stock returns. This study utilizes secondary data from financial sector companies whose shares are traded on the Indonesia Stock Exchange during the Covid 19 pandemic, namely from 2019 to 2021. The results of data sorting using the purposive sampling method obtained 59 financial sector companies that met the requirements in this study. Using multiple linear regression tests, the results of the study found that earnings growth had an effect on stock returns, while dividends were found have no effect on stock returns. These results provide input that can be used by further research and investment in making the right investment decisions
Provincial Economic Convergence in Post-Decentralization Indonesia: A Panel Analysis from 2000 to 2022
Full text linkThis study examines the dynamics of economic convergence across Indonesian provinces during the period 2000–2022 by employing β-convergence, σ-convergence, and the Williamson Index. Provincial GDP per capita at constant 2010 prices is analyzed within a panel data framework. The results indicate significant β-convergence, implying that provinces with lower per capita income have grown faster than wealthier provinces. The σ-convergence analysis reveals a long-term decline in income dispersion across provinces, although temporary fluctuations occurred during the global financial crisis and the COVID-19 pandemic. The Williamson Index also exhibits a downward trend, indicating a more equal distribution of income among provinces. These findings suggest that fiscal decentralization and infrastructure development have contributed to reducing regional inequality, although the convergence process has been relatively moderat
THE EFFECT OF FEMALE COMMISSIONERS, FEMALE DIRECTORS, FEMALE AUDIT COMMITTEES, AND LIQUIDITY ON THE FINANCIAL PERFORMANCE OF CONVENTIONAL COMMERCIAL BANKS LISTED ON THE INDONESIA STOCK EXCHANGE
Full text linkThis research aims to analyze the influence of female boards of commissioners, female boards of directors, female audit committees, and liquidity on the financial performance of conventional commercial banks listed on the Indonesia Stock Exchange (IDX). The banking industry plays a crucial role in maintaining national financial stability, strict regulatory standards, and active involvement in the implementation of good corporate governance standards. Purposive sampling was used to obtain 23 banking samples for the period 2019–2024. The analysis process was applied using the STATA 17 method through panel data linear regression. The results show that female commissioners and female directors have a positive but insignificant effect on financial performance, while liquidity shows a significant positive effect. The findings imply that gender diversity and financial management contribute to improving bank performance