Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah

Eksplorasi Strategi Preventive Maintenance dan Tantangan Penerapan Overall Equipment Effectiveness pada Armada Truk PT Karya Indah Multiguna

2025-07-20T03:15:59+00:00

This study explores the preventive maintenance strategies and the challenges in implementing Overall Equipment Effectiveness (OEE) in managing the logistics truck fleet at PT KIM. The primary objective of this study is to gain an in-depth understanding of how preventive maintenance strategies are carried out within the company and to what extent the application of the OEE concept supports operational efficiency. Utilizing a qualitative approach and case study method, the research reveals that although PT KIM has implemented various preventive maintenance procedures, their effectiveness is still hindered by factors such as limited driver involvement, the absence of a reward and punishment system, and the lack of integration in reporting systems across departments. Moreover, the implementation of OEE has not been optimal due to low data integration and the use of manual reporting systems, which lead to delays in information flow and ineffective decision-making. An analysis based on the Total Productive Maintenance (TPM) theory highlights that weaknesses in administrative aspects (TPM in office) serve as a major obstacle to improving fleet performance effectiveness. The findings underscore the importance of a holistic and digitally integrated maintenance management approach as a foundation for enhancing the company’s logistics productivity and competitiveness. Therefore, it is recommended to strengthen technology-based reporting systems, implement cross-functional training, and cultivate an organizational culture that supports collaboration within the TPM framework.

Peran Environmental Management Accounting (EMA) dalam Meningkatkan Efisiensi Lingkungan dan Kinerja Keuangan: Kajian Literatur Sistematis

2025-08-12T06:55:59+00:00

This study aims to systematically examine the contribution of Environmental Management Accounting (EMA) in improving environmental efficiency and corporate financial performance. EMA is a modern accounting approach that integrates environmental considerations into managerial information systems to support more sustainable decision-making. The study applies the Systematic Literature Review (SLR) method using the PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) protocol, which consists of four main stages: identification, screening, eligibility, and inclusion. Literature searches were conducted across academic databases including Scopus, ScienceDirect, and Google Scholar, covering publications from 2014 to 2024. Out of 127 initially identified articles, 12 were selected based on strict inclusion criteria and topic relevance. The review reveals that EMA implementation significantly enhances environmental efficiency through improved waste management, energy optimization, and emission reduction. Furthermore, EMA contributes positively to financial performance via operational cost savings, regulatory compliance, and enhanced corporate reputation. Challenges identified include lack of system integration, limited managerial awareness, and insufficient environmental data. This research offers both theoretical and practical insights into strengthening sustainable accounting practices and supports the achievement of the Sustainable Development Goals (SDGs).

Pengaruh Profitabilitas, Leverage, Komisaris Independen, Kepemilikan Institusional, dan Ukuran Perusahaan terhadap Tax Avoidance pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia pada Tahun 2020-2024

2025-08-21T17:44:01+00:00

The study aims to analyze the effect of profitability, leverage, independent commissioners, institutional ownership, and company size on tax avoidance in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2020–2024 period. Employing a quantitative method with a purposive sampling technique, 248 secondary data points from annual reports were obtained and analyzed using multiple linear regression with SPSS 25. The results indicate that profitability has an effect on tax avoidance, whereas leverage, independent commissioners, institutional ownership, and company size have no effect. Simultaneously, all variables have an effect on tax avoidance.

Sertifikasi Halal di Indonesia: Analisa Program Self-Declare dan Kesadaran Penggunaan Label Halal

2025-09-05T09:39:29+00:00

The Indonesian government inaugurated the Badan Penyelenggara Jaminan Produk Halal (BPJPH) as an institution responsible for handling and issuing halal certificates based on the fatwa of the Majelis Ulama Indonesia (MUI). In line with this, the government issued the Indonesian halal label to replace the MUI halal label. There are pros and cons to the presence of the new halal label, such as the logo, which is considered Java-centric and less effective than the previous label and is perceived as inferior to halal labels from other countries. Additionally, a high level of error was found among halal-certified MSME actors in Losari Village, including those bearing the Indonesian halal label. The purpose of this study was to determine the reasons why many MSME actors, as participants in free halal certification (SEHATI), still include the Indonesian halal label. This study is a descriptive qualitative research study, with data collection conducted through interviews and observations. The results of the study indicate that the reasons why many MSME actors have not included halal labels according to standards are due to a lack of information and education from PPH facilitators, as well as the low skills of MSME actors in using technology.

Pengaruh Kompensasi Financial dan Stres Kerja Terhadap Turnover Intention Melalui Komitmen Organisasional Sebagai Variabel Mediasi pada Rumah Sakit Sarkies ‘Aisyiyah Kudus

2025-09-07T05:51:41+00:00

This study aims to analyze the effect of financial compensation and work stress on turnover intention with organizational commitment as an intervening variable. The data of this study used primary data in the form of questionnaires. The sampling method used purposive sampling and obtained a sample of 149 respondents. The data analysis used in this study was the structural equation model. The results of this study stated that financial compensation had a positive and significant effect on organizational commitment, work stress had a negative and significant effect on organizational commitment, financial compensation did not affect turnover intention, work stress had a positive and significant effect on turnover intention, organizational commitment had a negative and significant effect on turnover intention.

Pengaruh Rotasi Jabatan dan Pelatihan Pegawai Terhadap Kinerja Penyuluh Pertanian Lapangan dengan Kompetensi Penyuluh Pertanian Lapangan Sebagai Variabel Intervening Studi pada Dinas Pertanian Kabupaten Pati

2025-09-07T05:50:17+00:00

This study aims to analyze the effect of job rotation and employee training on the performance of field agricultural extension workers with the competence of field agricultural extension workers as an intervening variable. This study uses primary data in the form of questionnaires. The sampling method used purposive sampling and obtained a sample of 105 respondents. Data analysis used in this study is a structural equation model. The results of this study state that job rotation has a positive and significant effect on the competence of agricultural extension workers, employee training has a positive and significant effect on the competence of agricultural extension workers, job rotation has a positive and significant effect on the performance of agricultural extension workers, employee training has no significant effect on the performance of agricultural extension workers, and agricultural extension competence has a positive and significant effect on the performance of agricultural extension workers.

Pengaruh Citra Destinasi dan Daya Tarik Wisata Terhadap Minat Berkunjung Kembali dengan Kepuasan Pengunjung Sebagai Variabel Intervening pada Wisata Sarwono di Desa Wonosoco Kecamatan Undaan Kabupaten Kudus

2025-09-07T05:51:20+00:00

This study aims to analyze the influence of destination image and tourist attractions on revisit intention with visitor satisfaction as an intervening variable. This study uses primary data in the form of questionnaires. The sampling method used purposive sampling and obtained a sample of 120 respondents. Data analysis used in this study is a structural equation model used software AMOS. The results of this study state that destination image and tourist attractions have a positive and significant effect on visitor satisfaction, destination image does not affect revisit intention, tourist attractions do not affect revisit intention, visitor satisfaction has a positive and significant effect on revisit intention. The results of the mediation analysis state that visitor satisfaction is able to mediate the influence of destination image on revisit intention and visitor satisfaction is able to mediate the influence of tourist attractions on revisit intention

Studi Kebijakan Publik Dana Desa dalam Mengatasi Masalah Kesehatan dan Pendidikan di Desa: Studi Kasus Desa Prasung, Kabupaten Sidoarjo

2025-09-09T04:13:22+00:00

This research aims to analyze the implementation of the Village Fund (Dana Desa) public policy in overcoming health and education problems in Prasung Village, Buduran District, Sidoarjo Regency. The Village Fund policy is a central government instrument designed to accelerate rural development and community welfare. This study uses a qualitative descriptive method with a case study approach. Data was collected through in-depth interviews with village officials, community leaders, and beneficiaries, as well as through observation and documentation studies. The data analysis technique used is an interactive model, examining the context, input, process, and product of the policy implementation. The findings indicate that the Village Fund in Prasung Village has been allocated through community participation in the Village Deliberation (Musdes) for health programs, such as the construction of a Posyandu (Integrated Health Service Post) and health insurance assistance (BPJS), and education programs, including scholarships and school operational assistance (BOS). However, several challenges were identified, including the limited amount of funds compared to needs, uneven distribution of program benefits, and a lack of community involvement in monitoring and evaluation. This study concludes that while the Village Fund policy has made a positive contribution to improving health and education services, its effectiveness is not yet optimal. Recommendations are offered for improving planning, transparency, and community participation to maximize the impact of the Village Fund on human resource development in the village.

Analisis Kebijakan Amnesti Pajak dan Program Pengungkapan Sukarela Perspektif Maqashid Syariah

2025-09-12T06:29:12+00:00

The main objective of this study is to evaluate the tax amnesty policy and voluntary disclosure program in the context of the principles of Maqashid Syariah, which include the protection of religion, life, mind, descendants, and property. The tax amnesty policy in Indonesia, introduced in 2016, managed to collect IDR 147 trillion from 1.1 million taxpayers, demonstrating the potential of this policy in improving tax compliance. However, challenges such as lack of public understanding and negative stigma towards taxes still need to be addressed. Voluntary disclosure programs have also shown mixed results, with the need to increase participation through better education. This study concludes that in order to achieve the objectives of maqashid syariah, this policy must be implemented with transparency, accountability, and social justice, so that it can provide significant benefits to society and the state. Recommendations to improve the effectiveness of this policy include better socialization, a strict monitoring system, and allocation of funds raised for social programs.

Kajian Faktor-Faktor yang Berperan terhadap Literasi Keuangan Perempuan Perkotaan dalam Mendukung Percepatan Pencapaian Tujuan Pembangunan Berkelanjutan

2025-09-21T05:31:04+00:00

In the context of women, especially those living in urban areas, financial literacy plays a strategic role not only in the management of personal and family finances, but also in increasing women's participation in productive economic sectors. The purpose of this study is to analyze and identify factors that affect the level of financial literacy in urban women. The method used in this study uses a quantitative method approach. The data used in this study is in the form of primary data obtained from surveys, while data collection uses questionnaire instruments. This research is not only focused on women who have careers, but all women's groups in the city of Gorontalo. The results of the study show that the level of financial literacy of urban women in the city of Gorontalo for conventional financial products is very good and for the level of financial literacy of non-conventional products is still low. Then among the factors that have an influence on financial literacy are age, education level and income, while marital and employment status are not related to the level of financial literacy of urban women.

Analisis Pengaruh Store Atmosphere Terhadap Keputusan Pelanggan dalam Pemilihan Toko Bangunan: Studi Kasus pada Depo Bangunan

2025-09-11T02:24:29+00:00

This study aims to analyze the influence of store atmosphere on customer decisions in choosing a building materials store, with a focus on the dominant elements and other factors that can strengthen or weaken this influence. The research uses a qualitative approach with a case study method at Depo Bangunan Denpasar. Data were collected through observation, in-depth interviews with employees and customers, and documentation. Informants were selected using purposive sampling from individuals who understand store atmosphere and purchasing decisions. Analysis was performed using the Miles & Huberman model, which includes data collection, reduction, presentation, and conclusion drawing. The results show that store atmosphere plays a significant role in influencing customer decisions, particularly through store layout, lighting, and supporting facilities. These elements create comfort, ease of navigation, and a positive shopping experience. However, price and customer service factors also influence purchasing decisions, which can either strengthen or weaken the impact of the store atmosphere. The implications of this study contribute to building materials retail management in designing customer-experience-based marketing strategies. Enhancements to the store atmosphere, such as rearranging the layout, providing a children's playground, and adding parking lines, can encourage customer satisfaction and loyalty. This study fills a research gap by examining store atmosphere in the context of a building materials store, which has previously been more extensively studied in the food and beverage industry.

Model Pengelolaan Bantuan Sosial dalam Menanggulangi Kemiskinan di Kota Tanjungbalai Berbasis SATF Values dengan Pendekatan Maqashid Syariah

2025-10-03T02:20:09+00:00

The urgency of this research is based on the impact of the problem of inequality in social welfare, which has led to the problem of prolonged poverty. To determine the extent of a poverty alleviation program that has been implemented, the government should be able to evaluate the models of social assistance management in alleviating poverty. In this study, the focus is on poverty alleviation efforts by applying the characteristics of the Prophet Muhammad when receiving social assistance from the government, namely telling the truth (shiddiq), being trustworthy (amanah), having intelligence (fathonah), and being transparent (tabligh), which the researcher tries to link with the five indicators of maqashid sharia which are the focus of discussion in this study. The purpose of this study is to determine how the management model for managing social assistance in an effort to alleviate poverty. In addition, this study also explores the SATF Values mediating the relationship between social assistance management in alleviating poverty, as well as how the role of maqashid sharia in mediating the relationship between social assistance management in alleviating poverty. The research method uses a quantitative approach. The population in this study was all recipients of the Family Hope Program in Tanjungbalai City in 2024. The sampling technique used accidental sampling, where researchers selected individuals who were available and deemed suitable as data sources. The sample selection was conducted using the Slovin formula, resulting in a sample size of 400 recipient families in Tanjungbalai City. The data analysis technique used in this study was Partial Least Squares (PLS). The equation model in Partial Least Squares is a Structural Equation Modeling (SEM) equation, implementing an approach based on Variance or Component-based structural equation modeling.

Implementasi Manajemen Risiko pada Institusi Pendidikan Kedinasan: Persepektif Auditor Internal

2025-10-04T02:13:15+00:00

This study aims to explore the implementation of risk management in higher education from the perspective of internal auditors. It describes how risk management is applied, particularly in government-affiliated higher education institutions. This research uses an interpretive case study approach conducted at a state-managed educational institution in Indonesia. The researchers explored the implementation of risk management through data collection methods such as interviews, participant observation, and document analysis. Risk management implementation has not been effective, as indicated by the risk maturity level being at level 2 (risk aware). This is due to risk management not yet being an organizational priority. Several challenges hinder effective risk management, including the absence of a dedicated risk management structure or unit, low understanding and awareness of the importance of risk management, limited human resources, and the lack of comprehensive risk management practices based on established standards such as ISO 31000:2018. As a result, not all organizational risks—such as fraud, tax miscalculation, asset risks, and others—are adequately addressed. This study requires a broader scope by involving multiple research objects and is limited by the availability of source documents, which require approval or special access. The research is valuable for leaders and managers in higher education in understanding the importance of risk management, helping them formulate policies to support effective risk management. It is also beneficial for enhancing the role of internal audit by identifying potential causes of deficiencies in risk management.

Pengaruh Kompetensi dan Beban Kerja Terhadap Kinerja Karyawan pada Dinas Ketahanan Pangan dan Pertanian Kota Bogor

2025-10-05T18:33:36+00:00

This study aims to analyze the influence of competence and workload on employee performance at the Bogor City Food and Agriculture Security Agency, this study uses a quantitative research method, using saturated samples where the sample in this study is the entire population with a total of 65 respondents, data collection techniques using questionnaires and data analysis techniques using Research Instrument Test analysis techniques which are divided into Validity tests and Reliability tests. Classical Assumption Tests which are divided into Normality tests, Multicollinearity tests, Autocorrelation tests and Heteroskesdasrisity tests. Hypothesis Tests which are divided into Individual Parameter Significance Tests (T Statistical Tests), Simultaneous Tests (F Statistical Tests) and Results from the study of variable X1 are known to be independent variables of employee competence on average of 3.01, variable X2 independent variables of workload on average of 2.95 and variable Y dependent variables of performance on average of 2.91. The research results show that variable X1 has a positive and significant influence between the competency variable and employee performance, with a coefficient value of 0.00 <0.05. Variable X2 has a positive and significant influence between the workload variable and employee performance, with a coefficient value of 0.00 <0.05. Variable Y shows that simultaneously, competency and workload have a positive and significant influence on employee performance, as evidenced by a significance value of 0.00 <0.05..

Pengaruh Pembiayaan Bagi Hasil dan Tingkat Kesehatan Bank Terhadap Kinerja Keuangan dengan Pembiayaan Bermasalah Sebagai Variabel Moderasi di Bank Umum Syariah di Indonesia Tahun 2021-2024

2025-10-08T04:41:16+00:00

This study examines the effect of profit sharing finacing and bank health level on the financial performance of Islamic Commercial Banks in Indonesia, with Non Performing Financing (NPF) as a moderating variable. Using regression analysis on secondary data from 2021-2024, the findings reveal that the Financing to Deposito Ratio (FDR) has a significant positive effect on Return on Assets (ROA), while profit sharing financing, Capital Adequacy Ratio (CAR), BOPO, and NPF show no significant effect. Moreover, NPF does not moderate the relationship among variables, indicating that optimizing financing distribution remains essential for improving profitability. These results contribute to the literatur and provide pratical recommendations for bank management and regulators.

Operasional Bisnis Pelaku Usaha di Lingkungan Ponpes Ngalah Pasuruan Perspektif Prinsip-Prinsip Ekonomi Islam Umar Chapra

2025-10-08T04:40:44+00:00

This research aims to find out the principles of Islamic economics applied by business actors around the Ngalah Islamic boarding school. This research uses a descriptive method with a qualitative approach using observation and interview analysis tools. The results of the research show that business actors around the Ngalah Islamic boarding school apply the principles. -Islamic economic principles are in accordance with those expressed by M, Umar Chapra, where in running their business business actors adhere to the principle of monotheism as the first foundation, they believe that Allah always watches over what they do so that when conducting business they are always based on caution. And carrying out business fairly by not trading goods and businesses that contain elements of maysir, usury and gharar, establishing a family attitude with other business actors by setting the same prices, as well as the principle of kliafah by managing business sourced from good resources and raw materials. , as well as the principle of al-falah by carrying out business that is oriented towards benefits both for consumers, fellow business actors and for themselves.

Pengaruh Kredit Macet, Kecukupan Modal dan Likuiditas Terhadap Profitabilitas Bank Pada Bank KBMI 3 Periode 2019-2023

2025-10-22T05:52:47+00:00

This study aims to determine the effect of Non-Performing Loans (NPL), Capital Adequacy Ratio (CAR), and Loan-to-Deposit Ratio (LDR) on Bank Profitability (Return on Assets/ROA) in the KBMI 3 banking sector listed on the Indonesia Stock Exchange (IDX) during the period 2019–2023. The sampling technique involved selecting 10 KBMI 3 banking companies. The data collection method used in this study is secondary data, specifically financial reports published by KBMI 3 banking companies on the Indonesia Stock Exchange (IDX). The analysis techniques employed include Multiple Linear Regression Analysis and Descriptive Statistical Analysis using SPSS version 30. Based on the research findings, the partial test results show that Non-Performing Loans (NPL) have a negative and significant effect on Bank Profitability (ROA), Capital Adequacy Ratio (CAR) has a positive and significant effect on Bank Profitability (ROA), while the Loan-to-Deposit Ratio (LDR) has a negative and insignificant effect on Bank Profitability (ROA).

Pengaruh Partisipasi Anggaran dan Kompetensi Sumber Daya Manusia Terhadap Penyusunan RKAS dengan Evaluasi Diri Sekolah Sebagai Variabel Moderating di Sekolah SLTP Dan SLTA Muhammadiyah Kota Medan

2025-10-24T02:29:31+00:00

This study aims to analyze the influence of budget participation and human resource competence on the preparation of the School Activity and Budget Plan (RKAS) at Muhammadiyah junior and senior high schools (SLTP and SLTA) in Medan City, with School Self-Evaluation (EDS) as a moderating variable. This research employs a quantitative associative approach using the Moderated Regression Analysis (MRA) method, involving a total of 78 respondents consisting of principals, vice principals, treasurers, and teachers. The results indicate that budget participation has a positive and significant effect on the quality of RKAS preparation. Likewise, human resource competence also has a positive and significant influence on RKAS preparation. School Self-Evaluation (EDS) is proven to be a moderating variable that weakens the relationship between budget participation and RKAS preparation, as well as between human resource competence and RKAS preparation, although the influence remains positive and significant. These findings suggest that while EDS helps guide the financial planning process to be more structured and data-based, its presence may also limit the direct contribution space of individual participation and competence. Therefore, the integration of self-evaluation mechanisms with capacity-building efforts for human resources is essential to ensure an accountable, participatory, and quality-oriented RKAS preparation in Muhammadiyah schools in Medan City.

Analisis Perilaku Tidak Rasional Keputusan Pembelian pada E-Commerce Shopee

2025-10-26T15:13:22+00:00

The rapid development of e-commerce in Indonesia has transformed consumer behavior from rational decision-making towards more irrational and emotional tendencies. This study aims to analyze the extent to which irrational behavior, particularly Fear of Missing Out (FOMO) and Herding Behavior, affects purchasing decisions among Shopee consumers in 2025. The research method applied is a descriptive quantitative approach using a Likert scale-based questionnaire as the main instrument. This study is expected to provide insights into the significant role of emotional and social aspects in shaping consumptive and impulsive behavior, as well as contribute to a better understanding of digital consumer behavior.

Analisis Implementasi Pengelolaan Keuangan Desa di Desa Waluhu Kecamatan Bone Kabupaten Bone Bolango

2025-10-26T15:13:51+00:00

This study aims to describe the management of village funds in rural development efforts in Waluhu Village, Bone District, Bone Bolango Regency. This research uses a descriptive qualitative method. The data collection technique used was in the form of interviews and using secondary data at the research site. The interview was conducted using 3 informants and 1 community leader, all of whom came from the Waluhu Village Government which runs the government. The results of the study found that in 2021 and 2022 the waluhu village government in village financial management started from the planning stages, administrative implementation, reporting, to accountability. in accordance with applicable laws and regulations The accountability carried out by the Waluhu Village government technically and administratively is good. Although in terms of good management, in terms of reporting it is not enough because it does not have digital information media, besides that there is also less accountability because the village government does not provide such an information board in the village office

Effectiveness of the Operational System of Islamic People's Banking in Improving Islamic Financing Performance

2025-10-29T04:26:49+00:00

Sharia Rural Banks (BPRS) are sharia financial institutions that play an important role in supporting community economic development through the distribution of sharia-based financing. In carrying out its function as an intermediary institution, the effectiveness of the operational system is a major factor that determines financing performance. This study was motivated by the low efficiency and effectiveness of operations in most BPRS in Indonesia, which has resulted in limited financing coverage and high levels of non-performing financing (NPF). The purpose of this study is to analyze the effectiveness of the BPRS operational system in improving sharia financing performance, as well as to identify obstacles and strategies for improving operational efficiency in the era of financial digitalization. This study uses a descriptive qualitative method with a library research approach. The data used is secondary, obtained from various relevant national and international journals. The data analysis technique uses content analysis to identify themes and patterns that emerge from previous research results on efficiency, risk management, and operational digitalization of BPRS. The results show that the effectiveness of the BPRS operational system has a significant effect on improving Islamic financing performance. Good operational efficiency can reduce costs, expand financing capacity, and strengthen the institution's profitability. However, there are still several major obstacles, such as limited capital, low quality of human resources, and suboptimal financial literacy among the public. In addition, the high level of non-performing financing remains an obstacle to maintaining the financial stability of BPRS. On the other hand, the digitization of operational systems has been proven to improve efficiency, transparency, and accessibility of services, although it is still constrained by technological limitations and human resource adaptation.

Peran Manajemen Pegadaian Syariah dalam Meningkatkan Inklusi Keuangan Masyarakat

2025-10-29T16:42:40+00:00

This study aims to analyze the role of Islamic Pawnshop Management (Pegadaian Syariah) in enhancing financial inclusion among society, particularly for the lower-middle class and micro, small, and medium enterprises (MSMEs). Pegadaian Syariah provides Sharia-compliant financing services through various products such as gold pawning (rahn emas), gold savings, and micro-financing. This research employs a descriptive qualitative approach with data collection techniques that include literature studies, documentation, interviews, and observations. The data were analyzed systematically through the stages of reduction, presentation, and conclusion drawing to understand the strategies and impacts of Islamic Pawnshop Management on financial inclusion. The findings indicate that the management of Pegadaian Syariah, which applies the principles of good corporate governance and the values of maqashid shariah, has successfully improved public financial access in a fair, transparent, and sustainable manner. Digital innovation has proven to expand service reach to rural areas and enhance efficiency and customer satisfaction. Therefore, the existence of Pegadaian Syariah not only functions as a financing institution but also serves as a strategic instrument in supporting financial inclusion goals aligned with the SDGs, particularly in poverty alleviation and reducing social inequality.

Analisis Komparatif Tingkat Kesehatan Bank Syariah Indonesia dan Bank BUMN Konvensional Berdasarkan Metode RGEC

2025-11-01T05:21:07+00:00

This study aims to assess and compare the financial health of Bank Syariah Indonesia (BSI) with state-owned conventional banks, namely Bank Mandiri, BNI, BRI, and BTN, using the Risk Profile, Good Corporate Governance, Earnings, and Capital (RGEC) method. The research employs a quantitative approach with a descriptive comparative method. Secondary data were collected from the financial statements of each bank for the period 2021 to 2024. The results of the analysis show that all banks fall within the healthy to very healthy categories. BSI, BRI, Bank Mandiri, and BNI obtained a composite rating of 1 with a very healthy classification, while BTN received a composite rating of 2 with a healthy classification. These findings indicate that BSI, as the only state-owned Islamic bank, is able to compete effectively and demonstrates performance that is comparable to, and in some aspects superior to, that of conventional state-owned banks.

Analisis Determinan Harga Saham Syariah Perusahaan Sektor Barang Konsumsi yang Terdaftar Issi Periode Tahun 2018-2023

2025-11-11T23:48:31+00:00

This study investigates the influence of leverage, liquidity and company size on the share prices of companies classified as sharia shares, with profitability as a moderating variable. The research object focuses on companies in the consumer goods industry sector listed in the Indonesia Sharia Stock Index (ISSI) in the 2018–2023 period. The research approach uses quantitative methods with panel data regression and Moderated Regression Analysis (MRA) using EViews version 13 to test the relationship between variables. The research results show that leverage and liquidity have no effect on sharia stock prices. On the other hand, company size and profitability have a positive effect on sharia share prices, indicating that company size and good profit performance can increase investor confidence. Profitability is proven to have a role as a moderating variable in the sharia stock price determinant model. The results of the analysis show that profitability weakens the effect of leverage on sharia share prices, indicating that investors are more tolerant of leverage conditions if the company is able to support stable and prospective profitability. Furthermore, profitability is able to strengthen the relationship between the influence of likuiditas and firm size on sharia share prices. These results highlight the importance of considering internal financial factors and company size in shaping investment decisions within the sharia capital market.

Thin Capitalization dan Koneksi Politik dalam Mendorong Agresivitas Pajak yang Dimoderasi oleh Kepemilikan Institusional

2025-11-13T03:57:49+00:00

This studi is motivated by data indicating that energy sector companies in Indonesia rank 11^th among 30 countries with the lowest tax complience rates. Using a quantitative approach, this research investigates the factors influencing tax avoidance behavior in the energy secotr. Moderated Regression Analysis (MRA) was applied to data from 48 IDX-listed energy companies, selected based On the Job Training specific criteria and analyzed using Eviews version 12. The result reveal that political connections significanly affect tax aggresiveness. However, this effect weaknes when moderated by institutional owership, which shows a significant but negative interaction. In contrast, thin capitalization and its interaction with the moderating variable do not exhibit any significant influence.

Pengaruh Celebrity Endorser, Citra Merek, dan Kualitas Produk Terhadap Keputusan Pembelian Air Minum Dalam Kemasan Le Minerale di Kota Depok

2025-11-17T12:54:11+00:00

Increasingly advanced technology and changing lifestyles in modern society have influenced consumption patterns for basic necessities, including drinking water. High mobility, busy work schedules, and the need to save time encourage people to choose products that are practical, efficient, and easily accessible. In this context, bottled drinking water (AMDK) is a primary solution, not only because it is practical but also because it meets the quality and safety standards consumers expect. This study examines how Depok City consumers' decisions to purchase Le Minerale bottled drinking water are influenced by brand image, product quality, and celebrity endorsers. For this quantitative study, primary data was gathered via a questionnaire. 180 respondents were then sampled after 30 respondents took part in instrument testing to evaluate validity and reliability. Purposive sampling and non-probability sampling were combined in the sample strategy. Multiple linear regression, the coefficient of determination (R2), normality, heteroscedasticity, multicollinearity, validity, reliability, and hypothesis testing were all included in the SPSS analysis of the data.The study's findings demonstrate that Le Minerale buying decisions are significantly influenced by brand image, product quality, and celebrity endorsers. However, brand image elements only slightly influence Le Minerale buying decisions when compared to other aspects like product quality and celebrity endorsements.

Analisis Faktor-Faktor yang Mempengaruhi Kemandirian Keuangan Daerah Provinsi Jawa Tengah

2025-11-20T14:31:40+00:00

Financial independence is one of the goals of decentralization in Central Java over a period of 28 years. Fiscal independence shows an upward trend, while inequality, open unemployment rates, human development indices, and economic growth also show similar upward trends. The objective of this study is to analyze the impact of inequality, open unemployment rates, the Human Development Index, and economic growth—both in the long term and short term—on regional financial independence in Central Java. This study is a quantitative study using secondary data in the form of time series data from 1996 to 2023 sourced from the Central Statistics Agency (BPS), processed using the Eviews 12 application with the Vector Error Correction Model (VECM) analysis method. The results indicate that, in the long term, the open unemployment rate and economic growth have a significant negative impact on regional financial autonomy. The Human Development Index has a significant positive impact, while inequality does not have a significant impact on regional financial autonomy. In the short term, both at lag 1 and lag 2, only economic growth has a significant negative impact on regional financial autonomy. Thus, inequality is more of a consequence than a determinant of regional fiscal conditions, unemployment affects regional financial independence in the long term, the Human Development Index influences regional financial independence in the short term, and economic growth does not guarantee an increase in regional financial independence. Local governments need to maintain equitable development, reduce structural unemployment, improve workforce skills, and integrate human resource quality with local economic strengthening. Additionally, they should optimize the PAD sector and taxation to ensure that economic growth directly impacts local fiscal capacity.

Nilai Perusahaan: Telaah Kebijakan Dividen, Ukuran Perusahaan, Likuiditas dan Profitabilitas

2025-11-20T14:30:43+00:00

The firm value represents a certain status achieved by the company as a sign of public trust to the company after carrying out its operations for several years, from its establishment up to the present time. This study aims to examine the effect of Dividend Policy, Firm Size, Liquidity, and Profitability on Firm Value in companies within the basic material sector listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period. This study applies a quantitative approach with secondary data obtained from annual reports and audited financial statements published on the IDX website and the respective companies. Sampling was conducted using a purposive sampling technique, resulting in 30 companies or 90 data observations. Data analysis is conducted using multiple linear regression. The results indicate that dividend policy, company size, liquidity, and profitability effect firm value.

Tinjauan Tentang Nilai Perusahaan Berdasarkan Performa Finansial

2025-11-20T14:30:12+00:00

Firm value is the economic value of a company that reflects how much the company is valued by the market, investors, and other stakeholders. This study aims to examine the effect of financial performance on firm value in the basic materials sector listed on the Indonesia Stock Exchange (IDX) during 2022–2024. The independent variables include liquidity, solvency, profitability, asset utilization, and market valuation, while the dependent variable is firm value, that measured by Price to Book Value (PBV). This study uses a quantitative approach employing purposive sampling and secondary data obtained from annual reports and audited financial statements through the official website of the Indonesia Stock Exchange and related companies. The data analysis method uses multiple linear regression analysis using the STATA 18 software. The results of the study show that liquidity, solvency, and market valuation have an effect on firm value, while profitability and asset utilization do not have an effect on firm value.

Pengaruh Frugality Terhadap Niat Beli Produk Hijau dengan Motivation to Save Sebagai Variabel Mediasi

2025-11-20T14:29:02+00:00

This study aims to analyze the influence of involuntary frugality and voluntary frugality on green purchase intention with motivation to save as a mediating variable. The growing awareness of sustainable consumption highlights the importance of understanding how frugal lifestyles and saving behavior shape consumers’ intentions to purchase green products. A quantitative approach was employed using a survey of 199 respondents from Surakarta, Indonesia, who have an interest in green products. The sampling technique used was purposive sampling, and data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS) with SmartPLS 4.0. The results indicate that involuntary frugality has a positive and significant effect on motivation to save but no significant effect on green purchase intention. Conversely, voluntary frugality has a positive and significant influence on both motivation to save and green purchase intention. Furthermore, motivation to save positively and significantly affects green purchase intention and mediates the relationship between voluntary frugality and green purchase intention, but not between involuntary frugality and green purchase intention. These findings reveal that voluntarily adopted frugality driven by personal awareness and sustainable values has a stronger impact on consumers’ intentions to purchase green products than frugality driven by economic constraints. The results support the Theory of Planned Behavior in explaining the role of personal values and self-control in sustainable consumer behavior.

Tourism Scenario Based SARIMAX Forecasting of MSMEs Sales in Mandalika SEZ

2025-11-22T06:19:33+00:00

This study aims to forecast the sales performance of Micro, Small, and Medium Enterprises (MSMEs) in the Mandalika Special Economic Zone (SEZ) by integrating tourism dynamics into the analysis. Employing the Seasonal Autoregressive Integrated Moving Average with Exogenous Factors (SARIMAX) model, external variables such as the COVID-19 pandemic, MotoGP policies, and tourist arrivals were included to enhance predictive accuracy. The analysis covered four major MSME sectors: HoReCa, Fashion & Crafts, Transport & Services, and Agro-based Products. The results demonstrate that the HoReCa and Fashion & Crafts sectors are the most responsive to increases in tourist arrivals, while the Transport & Services and Agro-based Products sectors exhibit more stable growth patterns. These findings contribute to the theoretical advancement of micro-level forecasting in the MSME context and highlight the strategic role of tourism dynamics in shaping entrepreneurial performance. From a practical perspective, the study provides evidence-based recommendations for policymakers to design tourism-driven MSME development strategies in Mandalika SEZ. The novelty of this research lies in its application of SARIMAX forecasting to tourism-related MSME performance, integrating crisis events and international sports policies into the model, thus offering a robust framework for anticipating business fluctuations in tourism-dependent regions.

Pengaruh Etika Kerja Islam dan Kecerdasan Emosional Terhadap Kinerja Karyawan dengan Komitmen Organisasi Sebagai Variable Mediasi dalam Perspektif Bisnis Islam di Rumah Sakit H. Kamino Baradatu Kebupaten Way Kanan Lampung

2025-11-25T05:46:01+00:00

This study aims to analyze the influence of Islamic work ethics and emotional intelligence on employee performance, with organizational commitment as a mediating variable among employees of H. Kamino Baradatu Hospital, Way Kanan Regency. The research employed a quantitative method with a sample of 62 respondents selected through purposive sampling, and data were analyzed using SmartPLS. The results indicate that Islamic work ethics and emotional intelligence have a positive and significant effect on employee performance, while organizational commitment does not significantly mediate this relationship. Based on these findings, it is recommended that the hospital continue to strengthen the implementation of Islamic work ethics and enhance employees’ emotional intelligence to improve performance and overall organizational productivity.

Analisis Kualitas Pelayanan E-KTP di Daerah Terpencil: Studi Kasus di Dinas Kependudukan dan Pencatatan Sipil Kabupaten Bulungan

2025-11-28T10:38:49+00:00

This study examines the quality of public service in the issuance of Electronic Identity Cards (e-KTP) at the Disdukcapil (Department of Population and Civil Registration) of Bulungan Regency, focusing on the challenges faced by communities in remote areas. The e-KTP, as an evolution of the conventional ID card, aims to enhance security and efficiency in population administration through electronic chip technology. The legal basis for the implementation of e-KTP in Indonesia is regulated by Law No. 24 of 2013, which mandates every citizen to possess an e-KTP. However, its implementation in the field still faces obstacles, particularly for residents in remote areas, who are forced to travel long distances to access services. The research employs a descriptive qualitative approach, analyzing based on five dimensions of service quality: reliability, assurance, tangibles, empathy, and responsiveness. Through interviews, observations, and documentation, the study finds that although staff possess technical competence and empathetic attitudes, there is a gap between expected service standards and the reality on the ground, particularly concerning infrastructure and service frequency. The findings indicate that the quality of e-KTP services in Bulungan Regency is still hindered by limited access and facilities, impacting the difficulties faced by the community in obtaining population documents. The dimension of empathy emerges as a positive aspect that enhances the community's experience; however, improvements in infrastructure and service systems are urgently needed to achieve equitable access. Therefore, this study provides recommendations for comprehensive improvements that include enhancing internet connectivity, physical facilities, and service frequency, so that e-KTP services can be more equitable and sustainable.