Media Bisnis or Media of Business (MB) is biannual publication issued in the month of March and September. MB published by Pusat Penelitian dan Pengabdian kepada Masyarakat, Sekolah Tinggi Ilmu Ekonomi Trisakti, Jl. Kyai Tapa No. 20 Grogol, Jakarta 11440, Telp. (021)5666717 ext 138, and cooperate with Ikatan Akuntan Indonesia Kompartemen Akuntan Pendidik (IAI KAPd). MB is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to business issues that deal with social issues such as management (financial, human resources, marketing), accounting (financial accounting, management accounting, accounting information systems, taxation), economic and others. This is an opened-journal where everyone can submit their articles, as long as they are original, unpublished and not under review for possible publication in other journals. Copyright of MB ISSN Print (ISSN 2085-3106) ISSN Online (E-ISSN 2774-4280). MB has obtained an accreditation from Directorate General of Higher Education, Research and Technology, Ministry of Higher Education, Science, and Technology of the Republic of Indonesia by SK No. 10/C/C3/DT.05.00/2025 for the period MB 15(2), September 2023 to MB 20(1), March 2028.
Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti
The Impact of Board Size and Independent Directors on NPL Ratios: A Comparative Analysis of OLS and Quantile Regression Methods
This research aims to examine the effect of board size, independent directors, big 4 auditors, audit committee size, audit committee expertise, and market concentration on NPL ratio. The data were taken from banks listed on Indonesian Stock Exchange from 2018-2022. There are two methods applied, multiple regression using ordinary least square (OLS) and quantile regression. The results show that board size and independent directors affect NPL ratio. Control variables, namely capital adequacy ratio and bank size, also affects NPL ratio. Multiple regression, however, fails to detect the influence of independent directors. It also exaggerates the effect of capital adequacy ratio and revenue diversification on NPL ratio. In the presence of nonnormality and heteroscedasticity, this research recommends the use of quantile regression to overcome the weakness of multiple regression using OLS. These findings provide important theoretical and practical implications. Theoretically, this study contributes to the corporate governance and banking risk literature by demonstrating that governance mechanisms, particularly board size and independent directors, play a significant role in influencing credit risk. Methodologically, the study highlights the superiority of quantile regression over OLS when dealing with non-normal and heteroscedastic data, thereby improving the reliability of empirical findings. Practically, bank management should pay greater attention to the composition and effectiveness of boards, especially by strengthening the role of independent directors to improve credit risk oversight and reduce NPL ratios. Regulators may also consider encouraging stronger governance practices and adopting more robust analytical approaches in evaluating banking performance and risk management.
Copyright (c) 2026 Media Bisnis https://creativecommons.org/licenses/by-sa/4.0
Pengaruh Institutional Ownership, Sales Growth, Dan Faktor Lainnya terhadap Financial Distress
The purpose of this study is to obtain empirical evidence the influence of institutional ownership, independent commissioner, managerial ownership, audit committee, sales growth, operating capacity, liquidity and firm size on financial distress. The population in this research is manufacturing companies listed on Indonesia Stock Exchange (IDX) during the period 2020-2023 with a research period of 2021- 2023.The sample was determined using the purposive sampling method, resulting in 74 manufacturing companies and 222 data. The analysis data used multiple linear regression and was processed using the Statistical Package for the Social Sciences (SPSS). The results of this study indicate that independent commissioner, operating capacity, liquidity and firm size have an effect on financial distress. While institutional ownership, managerial ownership, audit committee and sales growth no significant effect on financial distress. These findings provide both theoretical and practical implications. Theoretically, this study enriches the financial distress and corporate governance literature by demonstrating that governance mechanisms and financial performance indicators do not equally influence the likelihood of financial distress. Practically, company management should strengthen the role of independent commissioners, improve asset utilization efficiency, maintain adequate liquidity, and optimize firm growth to minimize financial distress risk. Investors are also encouraged to consider governance quality and financial indicators when evaluating investment decisions, while regulators may use these findings to strengthen governance policies aimed at improving corporate financial sustainability.
Audit Report Lag: Peran Key Audit Matters, Karakteristik Firma Audit, dan Faktor Lainnya
The purpose of this study is to examine empirically how important key audit matters, audit firm characteristics, and other variables affect audit report lag. The independent variables employed in this study include profitability, firm size, auditor specialization, key audit matters, audit opinion, and public accounting firm, while audit report lag is used as the dependent variable. The object of this study consists of manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period 2022–2024. A purposive sampling method was used in selecting the research sample, resulting in 225 companies with a total of 675 firm-year observations that met the research criteria. Using multiple linear regression analysis, the data were examined. The results of this study indicate that profitability, audit opinion, and public accounting firms have a negative effect on audit report lag because higher profitability encourages timely financial reporting, companies that receive an unqualified audit opinion face fewer material issues so that the audit can be completed without extended procedures, and companies audited by Big Four public accounting firms benefit from more efficient audit resources and methodologies. Meanwhile, firm size, auditor specialist, and key audit matters are found to have no significant effect on audit report lag.
Faktor-Faktor yang Mempengaruhi Nilai Perusahaan pada Sektor Consumer Non-Cyclicals
This study was conducted to determine the effect of firm value as an independent variabel on consumer non-cyclicals sector companies. The dependent variables used in this study are profitability, liquidity, leverage, dividend policy, firm size, firm growth. The population used in this study are consumer non-cyclicals sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period. The sample used in this study consisted of 16 companies totaling 80 data using purposive sampling method. In addition, this study uses multiple regression analysis. The result of this study indicate that profitability and firm size variables affect firm value. While other variables such as liquidity, leverage, dividend policy, firm growth have no effect on firm value. These findings provide important implications for both theory and practice. Theoretically, this study contributes to the development of corporate finance literature by emphasizing that not all financial indicators have a significant role in determining firm value, particularly in the consumer non-cyclicals sector. Practically, investors are encouraged to prioritize profitability and firm size when evaluating investment decisions, while companies should focus on improving operational efficiency and maintaining optimal asset growth to enhance firm value. Additionally, regulators and stakeholders are expected to consider sector-specific characteristics in formulating policies and evaluation frameworks to ensure more accurate assessment of firm performance and sustainability.
Pengaruh Return on Assets, Leverage, dan Pertumbuhan Penjualan terhadap Penghindaran Pajak
This research aimed to analyze the effect of return on assets, leverage, firm size, sales growth, business strategy, and investment decisions on tax avoidance. The research samples were manufacturing companies listed on the Indonesia Stock Exchange (IDX) over three-year period, from 2022 to 2024. These companies were selected using a purposive sampling method, and 99 companies met the criteria or a total of 297 data. The data were analyzed using multiple regression. The results showed return on assets and sales growth positively influence tax avoidance. The higher a company's profit and sales growth, the greater its tendency to engage in tax avoidance. Meanwhile, firm size negatively influences tax avoidance. Larger companies are more compliant with tax obligations because they prioritize public image and reputation. Leverage, business strategy, and investment decisions have no effect on tax avoidance. The results of this research provided important theoretical and practical implications. Theoretical implication was provided by demonstrating the difference between taxes paid by companies and the tax rate according to the tax regulations, where companies achieving higher profits and sales growth will engage in tax avoidance to reduce the taxes paid. Practically, companies are expected to improve their tax compliance by not engaging in tax avoidance, while the regulator or government can increase oversight of companies through tax regulations. Furthermore, investors are advised to focus more on company size when making investment decisions because larger companies are more compliant with tax obligations.
Pengaruh Flash Sale Wardah terhadap Impulse Buying Gen Z Pengguna Shopee di Jakarta
The rapid expansion of e-commerce in Indonesia is predominantly driven by digitally native Generation Z, who actively engage with platforms such as Shopee. Wardah’s flash-sale strategy—characterized by limited-time offers, substantial discounts, and visually engaging content—effectively stimulates impulse buying; however, the underlying behavioral mechanism remains insufficiently explained. This study investigates the influence of five flash-sale characteristics—information (INF), entertainment (ENT), visuality (VSL), economic benefit (ECB), and price (P)—on attitudes toward flash sales (ATT) and their subsequent effect on impulse buying (IMB) among Gen Z consumers in Jakarta. Employing a quantitative approach with purposive sampling (n = 220), data were analyzed using SmartPLS and SPSS 29. The findings demonstrate that INF, ENT, VSL, and ECB significantly shape ATT, which serves as a key mediating construct driving IMB, while price directly triggers spontaneous purchasing behavior. Theoretically, this study strengthens the Stimulus–Organism–Response framework and the Theory of Planned Behavior by confirming ATT as a central psychological mechanism linking flash-sale stimuli to impulsive responses in Indonesian e-commerce. Managerially, the results emphasize the necessity for Shopee and Wardah to integrate accurate information, interactive entertainment, appealing visuals, clear economic benefits, and strong price and urgency cues to enhance conversions while sustaining Gen Z loyalty over time.
Pertimbangan Materialitas Audit: Analisis Profesionalisme, Etika Profesi Serta Pengalaman Auditor
Materiality level is on of the essential aspects in the audit process because it serves as the basis for auditors in assessing whether misstatement in financial statements may influence the decision making of financial statement users. Therefore, it is necessary to consider the factors that can affect the accuracy of auditors in determining the materiality threshold. This study aims to analyze the influence of professionalism, professional ethics and auditor experience on auditors’ materiality judgments. This study uses primary data obtained through a questionnaire survey. The study population consists of all auditors working at the accounting firms Bharata, Arifin, Munajad and Sayuti, with a sample size of 135 auditors. The data analysis method used is multiple linear regression. The results indicate that professionalism and auditor experience have positive effect on auditors’ materiality judgments, whereas professional ethics have a negative effect on auditors’ materiality judgments. A limitation of this study is that auditors completed the questionnaire during working hours, which may have resulted in less than optimal responses. The findings can serve as and evaluation for Public Accounting Firms, highlighting that enhancing auditors’ professionalism and experience are key factors in producing appropriate materiality judgments.
The Influence of HRM Practices on Organizational Performance Through Innovation as a Mediating Variable in Government Institutions
The aim of this study is to understand the effect of HRM Practice which consists of Selective Recruitment, Training, Participation in Decision Making, and Rewarding on Organizational Business Performance with Innovation as a mediating variable in several government institutions in Jakarta, especially ASN employees. The object of this research is several government institutions in Jakarta with descriptive and causality research forms. The sample in this study were ASN employees with echelon 3 & 4 levels of position as many as 139 employees. This study uses non probability sampling technique with purposive sampling method. The data collection technique used a questionnaire method. This study uses the SEM-PLS technique to process data. The results of this study indicate that Selective Recruitment has no influence on Innovation, while Training, Participation in Decision Making and Rewarding have an influence on Innovation, besides that Innovation, Training, and Rewarding have an influence on Organizational Business Performance, while Selective Recruitment and Participation in Decision Making have no influence on Organizational Business Performance, and Innovation has a mediating effect between the influence of Participation in Decision Making, and Rewarding variables on Organizational Business Performance, but Innovation does not have a mediating effect between the influence of Selective Recruitment and Training variables on Organizational Business Performance.
The Mediating Role of Work Motivation on Employee Performance at Property Industry
This study aims to determine the influence of leadership, organizational culture, and work competence on employee performance with work motivation as a mediating variable at PT ABC and PT XYZ as two major player in the property industry. The research uses a quantitative approach with purposive sampling and involves 84 permanent non-managerial employees as respondents. Data were collected through questionnaires and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show that leadership, organizational culture, and work competence have a positive and significant effect on work motivation. Furthermore, work motivation positively affects employee performance and successfully mediates the relationship between the three variables and employee performance. This study implies that improving work motivation can enhance the influence of internal company factors on achieving optimal employee performance. This work add recommendation to decision maker in the organization in putting alternative strategies to improve employee performance from leadership, organization culture and work competence through the mediation of work motivation. Beside practical side, this article also broaden theoretical implication to human resource management from motivational theory point of view.
The Influence Of E-Hrm On Organizational Performance With Mediation Of Employee Performance And Job Satisfaction Indonesia Multiple Companies
e-HRM is an important strategy for companies to improve organizational performance. The purpose of this study is to examine how e-HRM affects organizational performance through mediation of job satisfaction and employee performance in several companies in Indonesia. This study uses quantitative methods, the sample selection in this study is non probability sampling using purposive sampling technique by collecting data through online questionnaires via google form distributed to respondents. The population of this study consisted of certain time work agreement employees with more than one year of service in several companies in Indonesia. The data analysis method used in this research is the Structural Equation Model (SEM) data analysis method using SmartPLS4 software. Empirical evidence that the implementation of an effective e-HRM system can improve organizational performance through improved employee performance and job satisfaction is provided by research findings showing that employee performance and job satisfaction act as mediators that strengthen the relationship between e-HRM and organizational performance.
Brand Interactivity and Involvement on Consumer Brand Engagement and Brand Loyalty: Mediated by Brand Trust Study on Skintific
This study aimed to determine the effect of brand interactivity and involvement in driving social media customer brand engagement and brand loyalty with the mediating effect of brand trust on the beauty brand Skintific. primary data was gathered using questionnaires with 7 Likert scales online. The sampling method uses the Non-probability Sampling purposive sampling technique. The data processing results were obtained from 226 respondents who are users of Skintific and followers of Skintific on TikTok and Instagram. Using the Second Order Construct Analysis method with the WARP-PLS 8.0 program, which is part of the Structural Equation Model (SEM), The results of this study indicate that brand interactivity and brand involvement have a positive and significant effect on customer brand engagement. Furthermore brand trust partially mediates the influence of customer brand engagement through brand loyalty for Skintific brand.
Peran Mediasi Keterlibatan Karyawan terhadap Kinerja Pekerjaan XYZ Hotel & Service Apartment
This study aims to examine the effect of training and development and work-life balance on job performance, with employee engagement as a mediating variable. This study is motivated by the decline in employee performance and discipline at XYZ Hotel & Service Apartment. The method used is a quantitative approach with PLS-SEM analysis of 85 respondents. The results show that training, work balance, and employee engagement have a positive effect on job performance. Engagement also mediates the influence of the two independent variables on performance. The findings provide important implications for management in improving performance through targeted HR strategies. These results also offer broader theoretical and practical implications. From a theoretical perspective, this study strengthens human resource management literature by emphasizing the critical role of employee engagement as a mediating mechanism that connects organizational practices with performance outcomes. From a practical perspective, organizations are encouraged to design structured and continuous training programs, as well as implement policies that support work-life balance to enhance employee engagement. Furthermore, management should foster a supportive work environment, promote open communication, and provide fair evaluation and reward systems. These efforts are expected to improve employee motivation, reduce absenteeism, and ultimately enhance sustainable organizational performance in the service industry.
Local Wisdom in Income Accounting: The Case of Karawo Entrepreneurs
This study is motivated by the tendency to view income accounting only as technical recording, which limits its connection to local wisdom. This issue is important because, in micro-enterprises such as Karawo entrepreneurs in Gorontalo, accounting is strongly linked to cultural and spiritual values. The research questions explore how Karawo entrepreneurs practice income accounting and how local values are reflected in it. The novelty lies in formulating revenue accounting practices based on local culture through a spiritual paradigm and an Islamic ethnomethodology approach. A qualitative method was applied with five stages of analysis: charity, knowledge, faith, revealed information, and courtesy. Data were collected through observation and interviews. The findings identify four practices: recording in memory, flexible management, daily estimation, and simple paper notes. These are infused with non-material values, especially gratitude, reflected in the cultural wisdom lumadu Diila o’onto, bo wolu-woluwo (unseen but present). The study concludes that micro-accounting is not merely economic recording but an expression of cultural and spiritual values. Theoretically, it expands the concept of income accounting. Practically, it provides a foundation for developing local wisdom-based accounting models to empower MSMEs. Furthermore, this study implies that policymakers and practitioners should integrate local cultural and spiritual values into financial literacy programs and MSME development strategies. By doing so, accounting practices can become more contextual, inclusive, and acceptable to local communities. For academics, this research encourages the development of alternative accounting paradigms that are not solely based on Western rationality but also incorporate indigenous knowledge systems. These implications support the sustainability and resilience of MSMEs by aligning formal accounting practices with deeply rooted cultural values.
Pengakuan Pembiayaan Mudharabah dalam PSAK 105: Kajian Maslahah Mursalah
The growth of Islamic financial institutions in Indonesia continues to progress, yet the implementation of profit-sharing contracts such as mudharabah remains limited when compared to consumptive financing models. This situation raises questions regarding the relevance and application of accounting standards governing mudharabah transactions, particularly PSAK 105. This study aims to analyze the accounting recognition of mudharabah under PSAK 105 and evaluate its alignment with Maslahah Mursalah as a contemporary Islamic legal approach. A qualitative library research method was employed by reviewing PSAK 105 and related academic literature. The results indicate that the recognition of investment, profit-sharing, losses, impairment, and receivables after contract termination reflects principles of public interest, fairness, transparency, and wealth protection (?if? al-m?l). The discussion shows that PSAK 105 is consistent with maq??id al-shar?‘ah and does not contradict Islamic sources. The implication of this study is that PSAK 105 serves not only as a technical accounting standard but also as a regulatory framework that strengthens governance, public trust, and the practice of Islamic economics.
Copyright (c) 2025 Media Bisnis https://creativecommons.org/licenses/by-sa/4.0
Model Fraud Hexagon untuk Mengidentifikasi Kecurangan Laporan Keuangan
This study aims to examine the influence of independent variables on fraudulent financial statements. The independent variables analyzed include financial stability, financial targets, external pressure, personal financial needs, collusion, capability, nature of the industry, effective monitoring, ego, and change in auditor. The sample consists of 121 manufacturing companies listed on the Indonesia Stock Exchange (IDX) during 2021–2023, totaling 363 data points. The methods used are purposive sampling and logistic regression. The analysis results indicate that the Nature of Industry shows a negative effect on fraudulent financial statements. Higher receivables tend to reduce the risk of fraudulent financial statements, as they require comprehensive disclosure and in-depth analysis, enhancing creditor oversight. Meanwhile, Financial Stability, Financial Targets, External Pressure, Personal Financial Needs, Collusion, Effective Monitoring, Capability, Ego, and Change in Auditor do not significantly influence fraudulent financial statements.
Internalisasi Nilai Huyula dan Eya Dila Pito’pito’o dalam Pendidikan Asuransi Syariah
This study is motivated by the low level of trust among the younger generation in Islamic financial institutions, particularly Islamic insurance, which remains less familiar than conventional insurance. The research aims to integrate Gorontalo’s local cultural values into Islamic insurance education to enhance young people’s understanding and confidence in Sharia-based risk protection systems. Using a qualitative descriptive approach, data were collected through in-depth interviews with four alumni of the Sharia Accounting Study Program at IAIN Sultan Amai Gorontalo who had recently entered the workforce. Informants were selected using purposive sampling to align with the study’s objectives. Data analysis was carried out in three stages: data reduction, data presentation, and conclusion drawing. The findings reveal that although students possess theoretical knowledge of Islamic insurance, they lack practical confidence due to limited information and the dominance of conventional insurance. Integrating the local value of Huyula (mutual cooperation) reinforces the understanding of the tabarru’ principle (mutual assistance), while Eya dila Pito’pito’o (God never closes His eyes) instills moral awareness and spiritual responsibility. These integrations make Islamic insurance learning more contextual, meaningful, and transformative. The study implies the need for culturally grounded Islamic economic education models to strengthen Sharia financial literacy and inclusion in the digital era.
Pengaruh Struktur Kepemilikan dan Faktor Lainnya terhadap Real Earnings Management
This research aims to provide empirical evidence related to the effect of ownership structure consisting of ownership concentration, managerial ownership, institutional ownership, and foreign ownership along with several other factors on real earnings management. Several other factors are profitability, firm size, and leverage. This research uses data from manufacturing companies that are consistently listed on the Indonesia Stock Exchange during 2019-2023 with a research period of 2021-2023. Sampling in this research used purposive sampling method. Data analysis in this research used multiple linear regression using the Statistical Package for the Social Sciences (SPSS) program. The results of this research indicate that foreign ownership, profitability, and firm size have an effect on real earnings management. However, other independent variables such as ownership concentration, managerial ownership, institutional ownership, and leverage have no effect on real earnings management.
Factors That Influence Behavioral Intention Users of The E-Commerce Application Shopeefood in Jakarta
This study aims to examine the influence of Attitude, Subjective Norms, Perceived Behavioral Control, and Trust on the Behavioral Intention of ShopeeFood users in Jakarta. The research employs a descriptive and causal approach. Data were collected through an online questionnaire distributed to respondents who are active ShopeeFood users and meet specific criteria. The sampling technique used was purposive sampling with a total of 170 respondents. Variables were measured using a five-point Likert scale, and the data were analyzed using multiple linear regression with statistical software. The results show that Subjective Norms and Trust have a significant influence on Behavioral Intention, while Attitude and Perceived Behavioral Control do not have a significant effect .
Pengaruh Ukuran Dewan, Karakter Eksekutif dan Faktor Lainnya terhadap Penghindaran Pajak
The purpose of this study is to analyze factors that can influence tax avoidance in manufacturing companies. This study uses seven independent variables: CEO narcissism, board of commissioners size, female directors, financial distress, company size, return on assets, and executive character. The sample used in this study consists of 217 sample data from 74 manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period from 2021 to 2023. The method used in this study is purposive sampling. To analyze the data, this study uses multiple regression. This study found that the independent variable of financial distress has a positive effect and return on assets (ROA) has a negative effect on tax avoidance. While CEO narcissism, board size, female directors, company size and executive character do not affect tax avoidance.
Pengaruh Prudence, Profit Persistence, dan Faktor Lainnya terhadap Earnings Quality
The purpose of this research is to analyze the effect of firm size, current ratio, investment opportunity set, audit committee, auditor size, institutional ownership, prudence, profitability, and profit persistence on earnings quality. The population used in this study are manufacturing sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021-2023 period, with 64 companies as samples. Sample selection using purposive sampling method, with hypothesis testing using multiple linear regression. The results showed that the independent variable profitability had a negative effect on earnings quality. High profitability does not always reflect the actual financial condition. Earnings can be manipulated to attract investors. As a result, companies with high profitability are often suspected of earnings management which reduces earnings quality. In addition, firm size, current ratio, investment opportunity set, audit committee, auditor size, institutional ownership, prudence and profit persistence have no effect on earnings quality. These findings provide important implications for both theory and practice. Theoretically, this study enriches the literature on earnings quality by highlighting that profitability may not always serve as a reliable indicator of financial reporting quality. Practically, investors are advised to be more cautious in interpreting high profitability and to consider other financial and non-financial indicators before making investment decisions. For companies, the results emphasize the importance of maintaining transparency and avoiding earnings management practices to enhance credibility. Regulators are also encouraged to strengthen monitoring mechanisms to ensure the reliability of financial reporting and protect stakeholders’ interests.
Faktor-Faktor yang Memengaruhi Profitabilitas Sub Sektor Food dan Beverage
This observes pursuits to determine monetary factors such as current ratio, debt to equity ratio, company size, decision of investment, and total assets turnover that affect profitability in companies in Indonesia for the duration 2017-2023. This research was performed again because of the inconsistency of the outcomes of previous research. The object used on this have a look at is the food and Beverage subsector company indexed on the Indonesian stock exchange for the duration 2017-2023. The sample in this examination consisted of 26 corporations with 182 information decided on using purposive sampling technique. The statistics became processed and examined the use of Eviews 10 panel statistics regression with a random impact model for hypothesis testing. The consequences showed that current ratio, debt to equity ratio, and company size have no giant effect on profitability. In evaluation, decision of investment, and total assets turnover have a vast impact on profitability. This finding confirms the significance of asset management performance and strategic investment decisions in assisting company economic overall performance.
Peran Mediasi Kepuasan Kerja terhadap Kinerja Organisasi pada PT ABC
This study examines how employee empowerment and training influence perceived organizational performance, with job satisfaction as a mediating variable, at PT ABC, focusing on the security division. Using a quantitative survey approach with 102 respondents selected through saturated sampling, data were collected via Likert-scale questionnaires and analyzed using SEM-PLS via SmartPLS 4.0. The results indicate that empowerment, training, and job satisfaction significantly affect perceived organizational performance. Furthermore, empowerment and training positively influence job satisfaction, which mediates their relationship with perceived performance. The findings of this study provide important implications for both theory and practice. From a theoretical perspective, this study strengthens the literature in human resource management and organizational behavior, particularly regarding the role of job satisfaction as a mediating variable in enhancing organizational performance. Practically, the results suggest that companies should prioritize employee empowerment and continuous training programs as strategic tools to improve job satisfaction and ultimately enhance perceived organizational performance. Organizations are encouraged to create supportive work environments, involve employees in decision-making processes, and design relevant training initiatives aligned with job requirements. These strategies are expected to increase employee engagement, reduce turnover intentions, and foster sustainable organizational performance.
The Role of Corporate Governance and Firm Characteristics in Earnings Management
The purpose of this study was to obtain empirical evidence regarding the effect of corporate governance and company characteristics on earnings management. Corporate governance consists of: managerial ownership, institutional ownership, board of directors and audit quality. Company characteristics consist of: firm size, profitability, leverage and firm age. The sample in this study was 116 non-financial companies listed on the IDX from 2019-2021. A total of 348 data were selected using purposive sampling and the hypothesis was tested using multiple regression. The results of this study indicated that two variables namely profitability which has a positive effect and audit quality has a negative effect. The remaining six variables have no effect on earnings management because the variables managerial ownership and institutional ownership are less effective in reducing earnings management in companies. The number of boards doesn’t affect the function and ability of the board of directors, the existence of public attention, the company's obligation to pay debts and the age of the company which does not guarantee a company do earnings management makes company characteristics such as the size of the board of directors, firm size, leverage and company age cannot be used as an indication a company performs earnings management.
Faktor-Faktor yang Memengaruhi Kepuasan Kerja dan Kinerja Karyawan di Section Assembling Body PT ABC
This research aims to explain the influence of motivation, leadership, and organizational culture on job satisfaction and employee performance at assembling body section PT ABC. This sample in this research amounted to 84 employees. This research uses a non-probability sampling method with a purposive sampling technique. Data collection was carried out by distributing questionnaire containing several questions related to variables to respondents. The data analysis using structural equation modelling (SEM) with the SmartPLS version 3.0 measuring instrument. The result in this research indicate that theres a influence of motivation, leadership, and organizational culture on job satisfaction and employee performance. Also, theres a influence of job satisfaction on employee performance. Companies can create a comfortable environment, implement an appreciation system, and implement regular training to maintain and improve employee job satisfaction and performance through factors that influence both aspects.
Faktor-Faktor Yang Memengaruhi Komitmen Organisasi Melalui Kepuasan Kerja Sebagai Mediasi
This study aims to find out how person–job fit, work-life balance, and working conditions affect organizational commitment through job satisfaction as a mediating variable. This type of research is descriptive and causal, which is a method of analyzing causal relationships between variables. The total population in this study was 186 employees of PT. Padma Soode Indonesia, with 135 employees being used, selected using purposive sampling techniques. This study used a quantitative approach with a method of collecting data using questionnaires and then analyzed with a licert scale.Data analysis is carried out using Partial Least Square (PLS) techniques in the Smart PLS 4.0 application. Results showed that person–job fit, work-life balance, and working conditions had a significant effect on organizational commitment and job satisfaction. Job satisfaction also has a significant effect on organizational commitment. The role of job satisfaction as a mediation on the influence between person–job fit, work-life balance, and working conditions on organizational commitment has been shown to mediate significantly.
Kontribusi Profitabilitas terhadap Nilai Perusahaan di Indonesia
The aim of this research is to analyze the effect of independent variables on dependent variables, such as firm value. The object of this research includes all manufacturing companies listed on the Indonesia Stock Exchange (IDX) for a three years period from 2021 to 2023. This research uses the purposive sampling method as the sampling method and the multiple regression method to analyze the data. There are 77 companies with a total of 231 data that passed the research criteria. The results of this research show that profitability, liquidity, and capital structure have a positive effect on firm value. High profitability gives investors a positive picture of the company's future prospects. High liquidity indicates efficiency in the use of current assets and fulfillment of short-term obligations. High capital structure indicates that the company is growing and needs more funds, which are obtained through debt. Other independent variables, such as firm size, company growth, activity ratio, capital expenditure and institutional ownership have no effect firm value.
Analisis Dampak Perubahan Tarif PPN di Indonesia Menggunakan Model Computable General Equilibrium (CGE)
This study aims to analyze the impact of the Value Added Tax (VAT) rate increase policy from 11% to 12% on the Indonesian economy, particularly on economic growth, household consumption, and private consumption. The study was conducted using a static Computable General Equilibrium (CGE) Model based on the 2022 Social Accounting Matrix (SAM), adopting the RIAPA model framework developed by IFPRI to simulate fiscal policy. The simulation was conducted through two scenarios: scenario I, which applies a full VAT rate increase to all taxable goods and services, and scenario II, which applies a VAT rate increase with a differentiation scheme according to PMK No. 131/2024, which is only imposed on luxury goods that are subject to PPnBM. The results of the study indicate that the first scenario has a contractionary impact on the economy, with a decrease in GDP of -0.154%, a decrease in household consumption of -0.550%, and a decrease in private consumption of -0.431% as a result of the increase in prices of goods and services, which ultimately suppresses consumer purchasing power. In contrast, the second scenario produces a more neutral impact on economic growth, household and private consumption, while still increasing state revenue, with an insignificant effect on economic growth of -1.05e-5, on household consumption of 5.03e-5, and on private consumption of 2.01e-6. This finding confirms that the tariff differentiation policy is more effective in maintaining a balance between optimizing state revenue and protecting public purchasing power.
Pengaruh Kinerja ESG terhadap Kinerja Keuangan dengan Kekuatan CEO sebagai Variabel Moderasi pada Perusahaan Manufaktur yang Terdaftar di BEI
This study aims to analyze the influence of environmental performance, social performance, and governance performance on financial performance with CEO power as a moderating variable. This research is a quantitative study using secondary data. Twelve manufacturing companies were selected through purposive sampling using predetermined criteria. The data analysis method used was panel data regression using Eviews 13. The results of this study indicate that the performance environmental, social performance, and governance performance simultaneously (f-test) has an effect on financial performance (ROA). Partially (t-test) environmental performance does not have a significant effect on financial performance (ROA), social performance does not have a significant effect on financial performance (ROA), and governance performance has a significant effect on financial performance (ROA). However, the results of the model equation test panel data regression (MRA) CEO power (CEO education) weakens or cannot moderate the influence of environmental performance on financial performance (ROA), CEO power (CEO education) strengthens or can moderate the influence of social performance on financial performance (ROA), and CEO power (CEO education) weakens or cannot moderate the influence of governance performance on financial performance (ROA).
Pengaruh Struktur Modal dan Profitabilitas terhadap Nilai Perusahaan dengan Kebijakan Dividen sebagai Variabel Moderasi
One of the main challenges is maintaining the stability of financial performance which is the main determinant of company value. Using the partial least square (PLS)-SEM method through the smartpls program versition 3.0, the population in this study in this study was 133 consumer goods companies listed on the Indonesia stock exchange in 2019-2023. The sampling method used purposive sampling. The result of the study with a t-staistic value of 0.519 and a p-value of 0.604 because the t-statistic value> 1.96 and p-value < 0.05 can be concluded that shows that the capital structure does not affect the value of the company, t-statistic value of 1.180 and p-value 0.238 that the t-statistic value <1.96 and p-value> 0.05 can be concluded that profitability has not significant effect on the value of the company, the t-statistic value of 1.316 and p-value of 0.189. Because the t-statistic value < 1.96 and p-value> 0.05 can be concluded that dividend policy cannot moderate capital structure on the value of the company, the t-statistic value of 2.820 and p-value of 0.005. With a t-statistic value > 1.96 and a p-value < 0.05, it can be concluded that dividend policy can moderate profitability and firm value. The meaning of research is its importance in making invesment decisions and can provide input in determining financial policies.
Firm Value in the Sustainability Era: an Analysis of Green Accounting, ROA, and Firm Size
This study aims to obtain empirical evidence on the influence of green accounting, profitability, and firm size on firm value. The main issue addressed is the inconsistency of previous findings regarding the determinants of firm value, particularly in Non-Cyclicals and Cyclicals sectors. The population includes companies from both sectors listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 period. The sample was selected using purposive sampling, resulting in 21 companies with a total of 84 observations. Data were analyzed using multiple linear regression. The results show that profitability has a significant positive effect on firm value, indicating that earnings performance is a key indicator for investors in evaluating company prospects. Meanwhile, green accounting and firm size do not significantly affect firm value. These findings imply that environmental cost reporting is not yet considered a critical factor by investors in their investment decisions. Therefore, companies should consider adopting a more comprehensive sustainability reporting strategy to enhance investor perception and long-term value.