Assets : Jurnal Ekonomi, Manajemen dan Akuntansi

THE EFFECT OF MOTIVATION, INVESTMENT KNOWLEDGE, FINANCIAL LITERACY ON GENERATION Z INTEREST IN INVESTING IN THE CAPITAL MARKET

Dharmawan Hero Nugroho, Lindiawatie, Dhona Shahreza — Tue, 06 Jun 2023 00:10:47 +0000

Investment activities in the capital market have attracted the younger generation's attention, less than 30 years old. They are Generation Z, who were born between 1995 to 2010 and 2012. This research was conducted to determine motivational factors, investment knowledge, and financial literacy on Generation Z's interest in investing in the capital market. The data collection method was distributing questionnaires to 96 respondents from Generation Z in Jakarta and analyzed using multiple regression analysis. The result is that motivational factors, investment knowledge, and financial literacy significantly and positively affect Generation Z's interest in investing in the capital market partially and simultaneously. However, the financial literacy factor has a greater influence than the investment knowledge factor. Thus the motivational factor as an internal factor will generate great interest for Generation Z in investing in the capital market if it is supported by external factors in the form of conveying investment knowledge and correct financial literacy. In addition, it will bring changes in attitudes and good financial behavior.

WORKING CAPITAL EFFICIENCY, LIQUIDITY, AND SOLVENCY ON PROFITABILITY OF INDONESIAN STATE-PRIVATE BANK

Ridwan Tabe, Olha S. Niode, Jamaluddin Majid — Tue, 06 Jun 2023 00:43:32 +0000

Banks are the largest service companies in Indonesia, based on data from the Financial Services Authority, which greatly influences market fluctuations in the services sector. The components used to determine the level of strength and capability of banking institutions include financial ratios related to profitability. This study aims to analyze the efficiency of working capital, liquidity, and solvency on the profitability of Indonesian BUMN (state-owned enterprise) banks. This study was conducted using a quantitative approach. This study employed data from all financial reports published on the website of the Indonesia Stock Exchange and the website of the research object banks. While the sample used was limited to 8 years of financial reports, from 2014 to 2021, the collected data was tested with multiple regression using SPSS v. 25. This study found that working capital efficiency and liquidity did not affect profitability, while solvency did. Furthermore, when analyzed simultaneously, operating capital efficiency, liquidity, and solvency influence profitability.

SUSTAINABILITY PERFORMANCE MEASUREMENT OF HASANUDDIN UNIVERSITY THROUGH A GRAPHICAL ASSESSMENT OF SUSTAINABILITY IN UNIVERSITIES (GASU)

Sri Wahyuni, Mohammad Iqbal Bakry, Jurana, Muliati — Tue, 06 Jun 2023 00:00:00 +0000

This study aims to analyze the sustainability performance of Hasanuddin University. This study used six assessment dimensions: profile, economic, environmental, social, educational, and interrelated issues and dimensions. For each category, an assessment is given for the university's factual performance. The method used in this study is descriptive qualitative using GASU (Graphical Assessment of Sustainability in University) tools. The results showed that Hasanuddin University has good sustainability performance in all aspects of sustainability. The highest sustainability value is obtained by the educational aspect (100%) and the social aspect (75%). This aspect brings a high value because Hasanudin University is engaged in developing knowledge and education. The value of sustainability in other aspects, such as profile, economic, and environmental, is still at a good level because the value obtained is not less than 50%. Although Hasanuddin University has a good sustainability performance, there is still a need to improve the aspects of interrelated issues and dimensions (33%) because this aspect has the lowest value.

RISK PERCEPTION IN PERCEPTION OF BENEFIT, CONVENIENCE, TRUST TO INTEREST USE MOBILE BANKING

Yasmir, Tarjo — Tue, 06 Jun 2023 01:13:51 +0000

This research aims to improve the quality of mobile banking services and provide benefits for service users who tend to use technology to fulfill their financial needs, which impacts their interest in using it. Service providers can improve user experience, understand user needs and preferences and develop features and design services that are more intuitive and easy to use. A survey and a purposive sampling strategy with path and simple analysis were used as analytical tools. The study results show that the direct effect of benefits, convenience, trust, and interest has a solid and direct relationship, so the immediate effect is more dominant than the indirect effect involving risk variables. A relatively small indirect effect occurs because the relationship between benefit, ease, trust, risk, and interest is not solid or unclear. The risk variable, namely as a mediator, does not have a substantial effect. The overall risk variable does not significantly mediate the relationship between benefits, convenience, trust, and interest, so the indirect impact will be smaller than the direct effect

THE INFLUENCE OF FOREIGN OWNERSHIP, INSTITUTIONAL OWNERSHIP, INDEPENDENT COMMISSIONERS, AND FINANCIAL DISTRESS TO STOCK PRICE WITH ACCOUNTING CONSERVATISM AS A MODERATION VARIABLE

Andi Firmansyah, Syarifuddin, Darmawati — Mon, 12 Jun 2023 03:32:21 +0000

This study aims to analyze the influence of Foreign Ownership, Institutional Ownership, Independent Commissioners, Financial Distress using the disclosure of Accounting Conservatism as a moderating variable. Data collection obtained from the annual financial reports of Pharmacies listed on IDX 2017 – 2021 period, totaling 30 companies. The sampling technique used purposive sampling technique because the sample selection was based on the assessment some of the characteristics of the sample members which adjusted to the intentions of the researcher. using secondary data on the official IDX website (www.idx.co.id) and the official website of each company. The data analysis method used a special application of multiple linear regression analysis, namely using Moderated Regression Analysis (MRA) with a quantitative approach. The results of the study show that foreign ownership and independent commissioners do not affect stock prices. Institutional ownership and financial distress have a significant effect on stock prices. foreign ownership and independent commissioners influence share prices moderated by accounting conservatism. Institutional ownership and financial distress do not affect stock prices of pharmaceutical companies moderated by accounting conservatism

ANALYSIS OF STOCK PRICE INDEX VOLATILITY IN INDONESIA USING MACROECONOMIC VARIABLES AND GLOBAL ECONOMIC UNCERTAINTY INDEX

Arian Muhammad Raihan, Windijarto, Joned Ceilendra Saksana — Mon, 12 Jun 2023 03:48:46 +0000

Stock prices can change within a certain time span can be observed in the volatility of the stock price index. Changes in stock prices can be influenced by a country's macroeconomic conditions and global economic conditions. The macroeconomics observed in this study consisted of interest rates, inflation, exchange rates, and economic growth, while global economic inflation conditions were observed using the Global Economic Policy Uncertainty (GEPU) index. This study aims to examine the effect of macroeconomic variables on the volatility of the stock price index of companies listed on the Indonesia Stock Exchange (IDX) and to change the effect of economic feelings on the volatility of the stock price index of companies listed on the Indonesia Stock Exchange (IDX). A descriptive analysis method was used in this study by utilizing time series data in the time range between the first quarter of 2016 to the fourth quarter of 2021. The results of this study indicate that partially the interest rate has a negative and significant effect on the volatility of the stock price index, while the value of each Global economic exchange and trade partially have a positive and significant effect on stock price index volatility. However, each of the inflation and economic growth variables partially has a positive relationship and does not have a significant effect on the volatility of the stock price index.

INTELLIGENCE ANALYSIS THAT INFLUENCES ON CONFLICT MANAGEMENT IN THE DIGITAL ERA

Diah Cahyani, Elok Cahyaning Pratiwi, Eny Nuraeni, Agus Sunaryo — Mon, 12 Jun 2023 04:09:05 +0000

This study analyzes intelligence influencing conflict management in the digital era. This research is descriptive-explorative. The research location at the PKL Center Jl. Benteng Pancasila City of Mojokerto. The population of 369 MSME actors with the Slovin formula of 0.01 was determined by 79 respondents. Data collection using a questionnaire. Data analysis using SmartPLS version 3.3.7. Test the hypothesis by comparing the T-Statistics and P-Values. The results of this study are: communication intelligence, creative intelligence, and emotional intelligence have a significant effect on conflict management, social intelligence, and strategic intelligence has no effect on conflict management, communication intelligence, creative intelligence, emotional intelligence, social intelligence, and strategic intelligence simultaneously influence conflict management. Research recommendation: Combining this intelligence can resolve conflicts effectively and efficiently and avoid further damage to relationships.

INFLUENCE OF ENTREPRENEURIAL PASSION, GOVERNMENT SUPPORT, AND LEARNING CAPABILITY ON THE PERFORMANCE OF CREATIVE SMEs IN JEMBER DISTRICT

Thu, 15 Jun 2023 01:30:23 +0000

: This study examines the influence of three dimensions of entrepreneurial passion, namely a passion for inventing, passion for developing, and passion for founding, on the performance of creative industry-based MSMEs in Jember, Indonesia, after the Covid-19 pandemic with government support and learning capability as a moderating variable. Using a purposive sampling technique, as many as 280 creative MSMEs in Jember were involved in this study. Based on the results of the SEM-PLS analysis, passion for inventing and passion for developing have a significant positive effect on MSME performance. Learning capability can strengthen the influence of passion for inventing and passion for developing MSME performance. This study did not find a significant effect of passion for founding on MSME performance, and government support could not strengthen the influence of passion for inventing, developing, and founding on MSME performance. In addition, this study found that learning capability cannot strengthen the influence of passion for founding on MSME performance. The findings of this study offer theoretical and practical implications regarding how important the entrepreneurial spirit is in improving MSME performance after the Covid-19 pandemic by increasing learning capability in the creative industry-based MSME sector.

THE ROLE OF FINANCIAL LITERACY, SELF-EFFICACY, AND RELIGIOSITY ON FINANCIAL BEHAVIOR IN THE MODERATION OF SAVING BEHAVIOR

Nur Anisa Dwiyanti, Puji Endah Purnamasari — Thu, 15 Jun 2023 01:41:20 +0000

The world of finance is growing. It can bring out consumptive behavior from people and irregular financial management, especially among students. The phenomenon of consumptive behavior among students has encouraged researchers to do research that aims to analyze what factors affect financial behavior. Financial literacy, self-efficacy, religiosity, and saving Behavior on Financial Behavior are the variables used. The research method used is quantitive, with data analysis techniques to test hypotheses using SmartPLS. Data collection by distributing questionnaires via a Google form. The sample obtained for this study amounted to 260 respondents. This research shows that financial literacy, self-efficacy, and religiosity significantly influence financial behavior. This study also proves that saving behavior does not have a moderating effect on financial behavior.

THE ROLE OF INSTITUTIONAL OWNERSHIP MODERATING CAPITAL STRUCTURE, PROFITABILITY, AND MANAGERIAL OWNERSHIP ON COMPANY VALUES

Taufiq Hidayat, Puji Endah Purnamasari — Thu, 15 Jun 2023 01:53:08 +0000

The proportion of the value of capital structure, profitability, managerial ownership, and institutional ownership greatly influences the company's performance in increasing the value of the company so that it has an impact on shareholder wealth. This research aims to determine and analyze the relationship between capital structure, profitability, and managerial ownership of company value with institutional ownership asianmoderating variable. The research uses company objects in the consumer goods industry sector for 2019-2021. The research method uses quantitative research with a descriptive approach, data collection techniques using the documentation method, and data analysis techniques using multiple linear regression analysis and Moderated Regression Analysis (MRA) using the SPSS 23 application. Partially, the capital structure does not affect company value. Profitability and managerial ownership have a positive effect on the company value. The moderation test of institutional ownership cannot moderate the positive effect of capital structure and managerial ownership non-company value, and institutional ownership can moderate the negative effect of profitability on company value.