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Analytics

Andy Hermawan; Angga Sukma Budi Darmawan; Muhammad Iqbal; Mochammad Rivan Akhsa; Nila Rusiardi Jayanti +1 more

JURNAL PENELITIAN TEKNOLOGI INFORMASI DAN SAINS (JPTIS) 2025 Institut Teknologi dan Bisnis (ITB) Semarang

Accurate stock price forecasting is a crucial yet challenging task due to the complex and dynamic nature of financial markets. This study employs the Prophet model to predict the stock prices of PT Sarana Menara Nusantara Tbk (TOWR) from 2021 to 2025. The research leverages historical stock data, incorporating dividend distribution dates and Annual General Meeting (AGM) events as external regressors to enhance predictive accuracy. The model was developed using machine learning-based time series forecasting, with hyperparameter tuning applied to optimize performance. The evaluation metrics indicate a Mean Absolute Error (MAE) of Rp49.92 and a Mean Absolute Percentage Error (MAPE) of 6.47%, demonstrating the model’s robustness in capturing long-term stock price trends. The findings suggest that stock prices exhibit significant movements around dividend announcement periods and AGM events, highlighting the impact of corporate actions on market behavior. This study reinforces the importance of incorporating fundamental financial indicators into forecasting models to improve decision-making for investors and financial analysts. The results offer practical implications for investment strategy formulation, risk management, and market trend analysis.

Renny Sintawati; Prita Andini

JURNAL RISET EKONOMI DAN AKUNTANSI (JREA) 2025 Institut Teknologi dan Bisnis (ITB) Semarang

This study aims to determine the effect of the Board of Commissioners, Audit Committee, Company Size, and Leverage on Profitability in Financials Banking sector companies listed on the Indonesia Stock Exchange for the 2019 – 2023 period of 105 companies. The data used in this study were obtained from financial statement data and annual reports. The population in this study are property and real estate sector companies listed on the Indonesian Stock Exchange. The sampling technique used was purposive sampling method and obtained 215 sample data from 43 companies. The analysis technique used in this study is multiple linear regression analysis using the Statistical Package for the Social Sciences (SPSS) version 22. The results of this research show that the Board of Commissioners, Audit Committee, and Leverage does not have a significant effect on Profitability, while Company Size has an effect on Profitability.

Siti Maimunatul Kamilah Rohman; Imroati Khonita; Niken Puspitasari; Akbil Mastufatul Farihah; Safira Nuris Samsil Mufidah

RISOMA : Jurnal Riset Sosial Humaniora dan Pendidikan 2025 Asosiasi Ilmuwan Pendidikan, Sosial, dan Humaniora Indonesia

Kedai Susu tuli (K-SULI) are sociopreneurship that located in Jember Regency. K-SULI serves as a place for a tuli person, or those knows as hearing difable to develop their entrepreneurial skills. through direct practice. K-SULI also became a place to community service program carried out by Program Mahasiswa Berdesa 2024 (Promahadesa) team of Jember University, aimed at introducing deaf culture particularly sign language in transactional activities. The Promahadesa team conduct their community services using the Asset Based Community Development (ABCD) approach, a community empowerment that leverage K-SULI potencial to implements. The result of this initiative taken Promahadesa include the expansion of K-SULI partnership, recruitment and training of employees, development of standart operation for transaction (SOPT), product Innovation, both offline and online social marketing, and introduction for sign language through Belajar Bahasa Isyarat Asik (BERBISIK).

Arini Izzatamillah; Rinny Meidiyustiani

Jurnal Ilmiah Ekonomi, Akuntansi, dan Pajak 2025 Asosiasi Riset Ekonomi dan Akuntansi Indonesia

This study aims to test and analyze the effect of Institutional Ownership, Managerial Ownership, Audit Committee and Leverage on Financial Statement Integrity in Food and Beverages Sector Manufacturing Companies on the Indonesia Stock Exchange for the 2021-2023 Period. The data used in this research is secondary data in the form of financial reports and annual reports of food and beverage sub-sector companies listed on the IDX from 2021-2023. The population in this study amounted to 20 company reports, with the sample determined through purposive sampling technique, and obtained a research sample of 18 companies. The analysis method used in this research is multiple linear regression using SPSS software version 25. The test results show that managerial ownership, audit committee have a positive influence on the integrity of financial statements, while institutional ownership and leverage have no influence on the integrity of financial statements.

Bukhari Bukhari; Ika Devy Pramudiana; Ulul Albab; Widyawati Widyawati; Sri Kamariyah

International Journal of Law, Crime and Justice 2025 Asosiasi Penelitian dan Pengajar Ilmu Hukum Indonesia

This study aims to evaluate the implementation of electoral policies in Surabaya City using SWOT analysis (Strengths, Weaknesses, Opportunities, Threats). The main issue faced is the suboptimal application of policies, despite various programs being launched to increase voter participation. SWOT analysis is a tool used to identify strengths, weaknesses, opportunities, and threats within an organization or policy. This research employs a qualitative approach with a case study design, involving in-depth interviews, participant observation, and document analysis to collect data from policymakers, policy implementers, and the general public. The results indicate that the primary strengths lie in competent human resources and capable technological infrastructure, while weaknesses include a lack of inter-agency coordination and budget constraints. Opportunities can be leveraged through technological advancements and community support, whereas threats include regulatory changes and cybersecurity risks. The study provides recommendations to enhance coordination, develop voter training and education programs, and strengthen cybersecurity. Thus, it is hoped that the electoral process in Surabaya will become more effective, efficient, and transparent, gaining full trust from the public.

Budi Santoso; Muhammad Rizky Pratama

International Bussines and Management Journal 2025 STIE Anindyaguna

Digital transformation has become a key driver of business competitiveness in the modern economy. This study explores how companies leverage digital technologies such as artificial intelligence, big data analytics, and cloud computing to improve operational efficiency and customer engagement. By analyzing case studies of leading global firms, the research highlights best practices and challenges in digital adoption. The findings suggest that businesses that embrace digital transformation gain a strategic advantage in an increasingly digitalized marketplace.

Aditya Yunanto; Atri Nodi Maiza Putra

Jurnal Mutiara Ilmu Akuntansi (JUMIA) 2025 Pusat Riset dan Inovasi Nasional

This study analyzes the effect of profitability ratios (Return On Assets/ROA, Return On Equity/ROE) and leverage ratio (Debt to Equity Ratio/DER) on stock prices of mining companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2023. The study is motivated by stock market uncertainty influenced by companies’ financial performance. This research employs a quantitative approach with a sample of 14 companies selected through purposive sampling. Secondary data were analyzed using regression to examine the relationship between these variables and stock prices. The results show that, partially, ROA, ROE, and DER have no significant effect on stock prices. However, simultaneously, these variables influence stock prices. These findings suggest that companies should improve asset and equity management efficiency to enhance sustainable profitability. Additionally, companies must optimize capital structure to maintain leverage at an ideal level and minimize financial risk. Future research is recommended to expand the sample, extend the analysis period, and consider macroeconomic factors, market sentiment, and government policies that may affect stock prices.

Trisma Wati; Sam’ani Sam’ani

JURNAL EKONOMI MANAJEMEN AKUNTANSI 2025 sekolah Tinggi Ilmu Ekonomi Dharma Putra Semarang

This study aims to examine the effect of the variables of Tax Planning, Firm Value and Leverage on Earnings Management. In this study, the population is the number of manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange from 2016-2019 which amounted to 28 companies with sampling carried out using a non-probability sampling approach with a sampling technique using purposive sampling. Purposive sampling is a sampling technique with certain considerations. So the number of samples that meet the criteria is 13 companies multiplied by 4 years to 52 samples. The results of the study using the F test showed that the calculated F value was 4.441 > F table = 2.88 with a significance level of 0.010 <0.05. So it can be concluded that the model is a fit model. The results of the t-test value of t-count Tax planning (X1) is -2.453 < t table of 2.03452 and the probability value is less than 0.05, which is 0.020. This shows that the Tax Planning (X1) variable has a significant effect on Earnings Management with a negative direction or relationship. The t-count value The firm value (X2) is 2.550 > t table is 2.03452 and the probability value is less than 0.05, which is 0.016. This shows that the Firm Value variable (X2) has a significant positive effect on Earnings Management. The t-count value of Leverage (X3) is 1.556 < t table of 2.03452 and the probability value is greater than 0.05, which is 0.129. This shows that the Leverage (X3) variable has no effect on Earnings Management.

Nanin Pattingalloang; Wastam Wahyu Hidayat; Gilbert Rely

JURNAL RISET EKONOMI DAN AKUNTANSI (JREA) 2025 Institut Teknologi dan Bisnis (ITB) Semarang

This study aims to examine the factors that affect the company's value. There are several factors used, including company size, return on equity, and leverage. The purpose of this study is to empirically test whether company size, return on equity, and leverage, affect the value of companies in retail issuers on the Indonesia Stock Exchange. This study uses secondary data from the annual financial statements of retail issuers of the Indonesia Stock Exchange (IDX) for the 2020-2023 period. There were 15 issuers that were sampled or as many as 60 observations that met the criteria in the research sample using the purposive sampling method. The analysis methods used are Descriptive Statistical Analysis, Classical Assumption Test, Multiple Linear Regression Test, and Hypothesis Test. The results of the study show that company size, return on equity, and leverage have a significant effect on the value of the company.

Fitri Nur Kaifa; Mulyadi Mulyadi; Elia Rossa

Pusat Publikasi Ilmu Manajemen 2025 Fakultas Ekonomi & Bisnis, Univ

This research uses a quantitative approach to analyze the effect of leverage, earning power, and net profit margin on profit management in Property and Real Estate companies listed on the Indonesia Stock Exchange in 2019-2023. The population of this study consists of 92 companies listed in the Property and Real Estate index during 2019-2023, with a sample of 85 data. The results show that leverage has a negative effect on profit management, while earning power (EP) and net profit margin (NPM) have a positive effect on profit management. Keywords: , , , , .

Syahdilla Aulia Rahman; Cris Kuntadi; Rachmat Pramukty

Pusat Publikasi Ilmu Manajemen 2025 Fakultas Ekonomi & Bisnis, Univ

The purpose of this research is to analyze the effect of capital intensity, leverage, and liquidity on tax aggressiveness and the effect of profitability in moderating capital intensity, leverage, and liquidity on tax aggressiveness. This study uses a quantitative method, with data sources derived from the annual financial reports of companies listed on the Indonesia Stock Exchange from 2019 to 2023. This study examined 79 companies. In this study, the purposive sampling method was used to select samples; 36 company samples were selected over five years of observation, so that a total of 180 samples met the criteria. The results of the study indicate that capital intensity has a significant positive effect on tax aggressiveness, leverage has a significant positive effect on tax aggressiveness, and liquidity has a significant positive effect on tax aggressiveness. Profitability cannot moderate the effect of capital intensity and leverage on tax aggressiveness and profitability can moderate the effect of tax aggressiveness on liquidity.

Nabila Syifaa Azzahra Suwandi; David Pangaribuan; Panata Bangar Hasioan Sianipar

Jurnal Ekonomi, Akuntansi, dan Perpajakan 2025 Asosiasi Riset Ekonomi dan Akuntansi Indonesia

This research was conducted to test and analyze the influence of leverage, liquidity and profitability on tax avoidance, as well as the role of company size as a moderating variable. The research objects used in this research are industrial sector companies listed on the IDX in 2023, namely 63 companies. The sampling technique used in this research was purposive sampling, then data was obtained from 57 companies that passed the predetermined criteria.  The results show that leverage has a negative effect and profitability has a positive effect on tax avoidance, while liquidity has no effect. Company size weakens the influence of leverage on tax avoidance, but does not moderate the influence of liquidity and profitability.

Erinda Aprilia Puspitasari

Riset Ilmu Manajemen Bisnis dan Akuntansi 2025 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

This study aims to analyze the relationship between environmental performance, environmental disclosure, and leverage on profitability in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the period 2019-2023. Profitability is measured using Return on Assets (ROA) and Return on Equity (ROE). The data used in this study were analyzed using IBM SPSS Statistics 22 with the Classical Assumption Test, Determination Coefficient Test, T test and F test to test the significance of the influence of independent variables on the dependent variable. The results of the T test show that environmental performance and leverage have a significant effect on profitability with a significance value <0.05, while environmental disclosure is .0.05 which means it is not significant. In addition, the F test shows that simultaneously, environmental performance, environmental disclosure, and leverage have a significant positive effect on profitability, with a significance value of 0.000 ˂ 0.05. Based on these results, the fourth hypothesis proposed in this study is accepted. This study provides implications that companies that pay attention to environmental performance and transparency in disclosing environmental information can increase their profitability, and proper leverage management also contributes to the company's financial sustainability. These findings are important for company management and investors to consider environmental sustainability aspects in strategic decision making.Keywords: Environmental Performance, Environmental Disclosure, Leverage, ProfitabilyThis study aims to analyze the relationship between environmental performance, environmental disclosure, and leverage on profitability in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the period 2019-2023. Profitability is measured using Return on Assets (ROA) and Return on Equity (ROE). The data used in this study were analyzed using IBM SPSS Statistics 22 with the Classical Assumption Test, Determination Coefficient Test, T test and F test to test the significance of the influence of independent variables on the dependent variable. The results of the T test show that environmental performance and leverage have a significant effect on profitability with a significance value <0.05, while environmental disclosure is .0.05 which means it is not significant. In addition, the F test shows that simultaneously, environmental performance, environmental disclosure, and leverage have a significant positive effect on profitability, with a significance value of 0.000 ˂ 0.05. Based on these results, the fourth hypothesis proposed in this study is accepted. This study provides implications that companies that pay attention to environmental performance and transparency in disclosing environmental information can increase their profitability, and proper leverage management also contributes to the company's financial sustainability. These findings are important for company management and investors to consider environmental sustainability aspects in strategic decision making.

Eva Yanis Lafione; Wastam Wahyu Hidayat; Gilbert Rely

Riset Ilmu Manajemen Bisnis dan Akuntansi 2025 Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

The purpose of this study was to determine whether profitability, liquidity, and Leverage affect management performance. The population in this study was taken from consumer non-cyclicals issuers listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling method and amounted to 90 samples. This study uses secondary data obtained from the official website of the Indonesia Stock Exchange, namely www.idx.co. Then using the Statistical Package for Sciene (SPSS) version 25 as a tool for analyzing. The hypothesis in this study was tested using descriptive statistical analysis, classical assumption test, multiple linear analysis test, and hypothesis testing. The conclusion of this study states that (1) profitability has no effect on management performance (2) liquidity has a positive effect on management performance (3) Leverage has a positive effect on management performance.

Aulia Pramesti; Wastam Wahyu Hidayat; Gilbert Rely

JURNAL RISET EKONOMI DAN AKUNTANSI (JREA) 2025 Institut Teknologi dan Bisnis (ITB) Semarang

This study aims to test and analyze market capitalization, profitability and leverage on firm value (property and real estate issuers on the Indonesian stock exchange for the period 2020-2023). The sampling technique used was purposive sampling method and obtained 15 issuers for 4 years, a sample of 60 issuers. The results showed that partially market capitalization has a positive and significant effect on firm value and profitability and leverage variables have no significant effect on firm value.

Muhammad Rivandi Akbar; Dahmiri Dahmiri; Dwi Kurniawan

JURNAL RISET MANAJEMEN (JURMA) 2025 Institut Teknologi dan Bisnis (ITB) Semarang

This study aims to develop a business development strategy for the UMKM Royal Bubble Seberang Kota Jambi in the digital era using a SWOT analysis. The research findings indicate that, from an internal perspective, Royal Bubble possesses greater strengths than weaknesses, with a positive difference of 0.45. However, from an external perspective, opportunities are smaller than threats, with a negative difference of -0.18. The position of UMKM Royal Bubble falls into quadrant II of the SWOT matrix, indicating that although the business has significant strengths, there are external threats that need to be addressed. The recommended strategy for business development is to leverage internal strengths to mitigate threats and optimize long-term opportunities through product diversification. Additionally, utilizing digital platforms, improving service quality, and collaborating with various stakeholders are crucial factors in enhancing business competitiveness. By implementing the right strategies, Royal Bubble can strengthen its market position and sustain its business in the digital era.

Erwan Syafri; Rusdi Kurniawan; Haqiqi Lina Layyin; Siti Khoiriah; Anwar Sanusi

Jurnal Pengabdian Sosial dan Kemanusiaan 2025 Lembaga Pengembangan Kinerja Dosen

The Community Service Program titled “Digital-Based Entrepreneurship Empowerment Socialization to Improve the Economic Welfare of the Community in RW 008, RW 017, and RW 018, Benda Baru Housing Complex, Pamulang – South Tangerang” aims to enhance digital literacy and technology-based entrepreneurial skills among local communities, particularly Micro, Small, and Medium Enterprises (MSMEs). This program includes socialization, training, and practical mentoring related to the utilization of social media, e-commerce, Search Engine Optimization (SEO)/Search Engine Marketing (SEM), and digital advertising strategies as tools for business development. The method employed is participatory, actively involving the community in every stage of the program. The results indicate an improvement in community understanding of digital technology and their ability to leverage digital platforms to support their businesses. This program has also successfully created a sustainable digital entrepreneurship ecosystem, which is expected to enhance the economic welfare of the targeted communities. Given its success, this initiative is anticipated to serve as a model for digital-based community empowerment that can be implemented in other regions.

Fibry Jati Nugroho; Eko Sutrisno; Fahrizal S.Siagian

International Journal of Religious Education and Philosophy 2025 International Forum of Researchers and Lecturers

This study explores the intersection of sacred water rituals and ecological awareness, examining how religious practices related to water shape environmental virtues and promote water conservation efforts. Various religious traditions, including Islam, Christianity, Hinduism, and indigenous practices, treat water as a sacred resource, emphasizing its purity, sanctity, and the responsibility of humans to protect it. These rituals, such as Islamic ablution (wudhu), Christian baptism, and Hindu purification rites, not only serve spiritual purposes but also embody environmental ethics that encourage restraint, humility, and stewardship in the use of water. The study employs a comparative qualitative approach, integrating textual exegesis, ethnographic observations, and interviews with religious practitioners to analyze how different faith traditions frame water as sacred and how these frameworks translate into practical behaviors regarding water conservation. The findings reveal that religious water rituals contribute to an ecological self, fostering a deep respect for nature and a commitment to sustainable water use. However, challenges exist in reconciling traditional practices with modern water scarcity issues, especially in regions where water conservation is a critical concern. Despite these challenges, religious communities have the potential to leverage their ritual heritage to foster global awareness and action toward water conservation. Future research should explore interfaith collaborations in water conservation and investigate the impact of ritual practices on real-world water conservation behaviors. This study highlights the potential of sacred water rituals as powerful tools for promoting environmental stewardship and addressing global water challenges.

Rodi Syafrizal; Rika Surianto Zalukhu; Rapat Piter Sony Hutauruk; Suci Etri Jayanti S; Daniel Collyn +6 more

Jurnal Nusantara Berbakti 2025 Universitas Kristen Indonesia Toraja

The understanding of most MSME (Micro, Small, and Medium Enterprise) actors in Sei Rampah Village regarding the workings and utilization of social media as a digital marketing platform remains relatively low. This condition prompted the community service team to conduct a community engagement activity in the village. The activity was designed in the form of socialization and interactive training aimed at helping MSME actors comprehend how to optimally leverage social media to increase sales and expand market reach. The socialization activity was attended by 20 participants. The methods used in this community service activity were lectures and interactive discussions. The stages of the activity included the preparation phase and the implementation phase. This activity had a positive impact by assisting business actors in understanding how to optimally utilize social media to boost sales and broaden their market reach. Following the socialization, the majority of participants expressed interest in using social media as a platform for marketing their products. This indicates that the community engagement activity carried out contributed positively to business actors in Sei Rampah Village.

Cahaya Citra Azzahro; Johan Krisbima Abi; Octavian Dava Putra; Agil Gilang Chandra Saputra; Fadlil Liwaul Hamdi +1 more

Modem : Jurnal Informatika dan Sains Teknologi 2025 Asosiasi Profesi Telekomunikasi Dan Informatika Indonesia

The rapid advancement of information and communication technology has transformed and opened business perspectives and operations, particularly in UMKM the photography industry. As the demand for online photography services continues to rise, it is crucial for service providers to develop efficient information systems to manage photo sales effectively. The research titled "Development of the POVSHOT Mobile Application for Online Photo Sales Using Flutter and MySQL" aims to facilitate online photo sales through the implementation of Flutter technology and a MySQL database. The findings indicate that the "POVSHOT" application successfully integrates features such as photo uploading, payment management, and user administration within a user-friendly interface. This study suggests that the use of mobile applications can enhance security in the photo sales process and provide a better experience for users. The implications of this research highlight that photography service providers can leverage mobile technology to expand their market reach and improve customer satisfaction through a more integrated and responsive system.