LAND JOURNAL

PENGARUH CURRENT RATIO, EARNING PER SHARE DAN DEBT TO EQUITY TERHADAP HARGA SAHAM PADA PT. ASTRA GRAPHIA TBK PERIODE 2006-2024

Nenci Windi Pramestia — 2026-01-14

Perkembangan teknologi yang semakin pesat menjadikan adanyak persaingan antar perusahaan dengan memaksimalkan kekayaan untuk menarik pemegang saham.Studi ini menyelidiki bagaimana pengaruh Current Ratio,Earning Per Share dan Debt to Equity ratio terhadap harga saham PT Astra Graphia Tbk dengan pendekatan kuantitatif.Data yang digunakan dengan instrumen Studi saat ini diperoleh dari laporan keuangan PT Astra Graphia Tbk dari tahun 2006 hingga 2024.Data yang tersedia diproses menggunakan SPSS,yang melakukan eksperimen untuk menganalisis data statistik yakni analisis Regresi berganda,Uji asumsi klasik,Uji T,Uji F dan Koefisien Determinasi.Hasil Penyelidikan dapat disimpulkan bahwa variabel independen CR,EPS dan DER berpengaruh secara bersamaan terhadap variabel dependen harga saham 71,5%.rasio nilai saat ini dan rasio hutang ke ekuitas memiliki dampak kecil terhadap hasil,sedangkan keuntungan per saham memiliki dampak besar terhadap harga saham

PENGARUH DISTRIBUTION COSTS TERHADAP SALES PADA PERUSAHAAN TEKSTIL DAN PAKAIAN JADI DI BEI PERIODE 2020-2024

Cahyat Rohyana — 2026-01-14

The decline in sales in Indonesia's textile and apparel industry in recent years has been influenced by competition from low-priced imported products and shifts in consumer shopping patterns. This situation demands companies to manage distribution costs efficiently to maintain sales performance. This study is conducted to evaluate the influence of distribution expenses on sales in textile and apparel companies listed on the Indonesia Stock Exchange (IDX) during the period 2020–2024. The methodological framework of this study is based on a quantitative approach, making use of panel data regression analysis carried out with EViews software. The sample was acquired through purposive sampling of 12 enterprises, utilizing quarterly financial report data. This research demonstrates that distribution expenses play an important role in shaping sales performance, where the degree of influence differs in line with the strategic approaches and specific situations of the companies observed. These findings emphasize the importance of optimizing distribution to support competitiveness in a dynamic market.

Keywords: distribution costs, sales, textile industry, IDX

TRANSPARANSI PELAPORAN KPI DALAM LAPORAN KEUANGAN PERUSAHAAN

natalia Herminta Munthe — 2026-01-14

Penelitian ini bertujuan untuk mengkaji pentingnya transparansi pelaporan Key Performance Indicator (KPI) dalam laporan keuangan perusahaan serta menganalisis manfaat dan tantangan penerapannya. Metode yang digunakan adalah literature review dengan menelaah berbagai jurnal ilmiah, buku, standar akuntansi, dan laporan tahunan perusahaan terkait pengungkapan KPI. Hasil kajian menunjukkan bahwa transparansi pelaporan KPI dapat meningkatkan kualitas laporan keuangan, memperkuat akuntabilitas, serta membangun kepercayaan investor dan pemangku kepentingan. Namun, tantangan yang dihadapi meliputi ketiadaan standar baku global, risiko manipulasi data, serta kesulitan pengukuran indikator non-keuangan. Implikasi dari penelitian ini menekankan perlunya komitmen manajemen dalam melaporkan KPI secara konsisten, dukungan regulator dalam membentuk pedoman pelaporan yang seragam, serta manfaat yang signifikan bagi investor dalam pengambilan keputusan ekonomi yang lebih tepat.

PENGARUH TABUNGAN DAN DEPOSITO TERHADAP HARGA SAHAM PADA PERBANKAN BUMN DAN BUMD YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

Dewi Selviani Yulientinah — 2026-01-14

The stock price serves as a key indicator for evaluating a company’s performance,including that of firms operating in the banking sector. But in practice, the stock price is not only influenced by profit performance, However,performance is also shaped by a range of other factors,including the composition of third-party funds such as savings and time deposits. As financial intermediaries,banks mobilize public funds through these deposit instrument,whichin turn can influence investor confidence and ultimately affect the market value of the bank’s share. This study to analyze the effect of savings and deposits on stock prices in state-owned banks (BUMN) and regionally-owned banks (BUMD). The method used in this research is quantitative by utilizing secondary data obtained from financial reports and stock price reports for the 2021-2024 period,processed and interpreted using IBM SPSS Statistics version 27. The study used several tools to analyze the data, such as checking if the data follows a normal curve, finding the relationship between variables, using a multiple linear regression model, calculating how well the model explains the data, and performing t and F tests. The t test found that savings have a somewhat significant positive impact on stock prices, but time deposits do not have a similar effect. The F test results indicated that savings and time deposits collectivitely evert a positive and significant influence on stock prices.

PERUBAHAN PERAN AKUNTAN DI ERA ARTIFICIAL INTELLIGENCE: KAJIAN LITERATUR

DENA CHRISTIN AMBARITA — 2026-01-14

Perkembangan Artificial Intelligence (AI) membawa perubahan signifikan dalam berbagai bidang, termasuk akuntansi. Kajian literatur ini bertujuan untuk mengidentifikasi perubahan peran akuntan sebelum dan sesudah hadirnya AI. Metode penelitian yang digunakan adalah studi literatur dari berbagai jurnal nasional dan internasional yang relevan pada periode 2017–2024. Hasil kajian menunjukkan bahwa peran akuntan mengalami pergeseran dari sekadar pencatat transaksi dan penyusun laporan manual, menuju peran strategis sebagai analis data, penasihat bisnis, dan auditor berbasis teknologi. Kesimpulan dari kajian ini menegaskan bahwa AI mendorong akuntan untuk meningkatkan kompetensi digital, etika, dan kemampuan analisis, serta menyesuaikan kurikulum pendidikan akuntansi di era digital. Hasil kajian ini memiliki beberapa implikasi penting. Pertama, bagi pendidikan akuntansi, perlu dilakukan penyesuaian kurikulum dengan menambahkan mata kuliah yang berfokus pada Artificial Intelligence (AI), data analytics, dan digital auditing agar lulusan memiliki kompetensi yang relevan dengan kebutuhan era digital. Kedua, bagi praktisi akuntansi, penelitian ini menekankan perlunya peningkatan literasi digital, kemampuan analisis data, serta pemahaman etika profesi di tengah pemanfaatan teknologi. Ketiga, bagi organisasi atau perusahaan, penerapan AI dalam akuntansi dapat menjadi strategi untuk meningkatkan efisiensi, akurasi, dan daya saing, sehingga diperlukan dukungan berupa pelatihan berkelanjutan bagi akuntan. Dengan demikian, implikasi penelitian ini menunjukkan bahwa AI bukan hanya tantangan, tetapi juga peluang yang harus dimanfaatkan untuk memastikan profesi akuntan tetap relevan dan bernilai strategis di era Society 5.0.

Kata Kunci: Artificial Intelligence (AI), Peran Akuntan, Digitalisasi Ekonomi, Society 5.0, Otomatisasi Akuntansi, Audit Digital, Kajian Literatur.

ABSTRACT

The development of Artificial Intelligence (AI) has brought significant changes across various fields, including accounting. This literature review aims to identify the transformation of accountants’ roles before and after the emergence of AI. The research method employed is a literature study based on relevant national and international journals published between 2017 and 2024. The findings indicate that the role of accountants has shifted from merely recording transactions and preparing manual reports to more strategic roles such as data analyst, business advisor, and technology-based auditor. The conclusion highlights that AI encourages accountants to enhance their digital competence, ethical awareness, and analytical skills, as well as adapt accounting education curricula to the digital era. The findings of this study carry several important implications. First, for accounting education, curriculum adjustments are needed by incorporating courses that focus on Artificial Intelligence (AI), data analytics, and digital auditing to ensure graduates possess competencies relevant to the digital era. Second, for accounting practitioners, this research emphasizes the necessity of enhancing digital literacy, data analysis skills, and a strong understanding of professional ethics in the midst of technological utilization. Third, for organizations or companies, the adoption of AI in accounting can serve as a strategy to improve efficiency, accuracy, and competitiveness, which requires continuous training support for accountants. Thus, the implications of this study indicate that AI is not merely a challenge but also an opportunity that must be leveraged to ensure the accounting profession remains relevant and strategically valuable in the era of Society 5.0.

PENGARUH BIAYA OPERASIONAL TERHADAP LABA BERSIH PERUSAHAAN BUMN DISEKTOR MANUFAKTUR YANG TERDAFTAR DIBURSA EFEK INDONESIA PADA PERIODE 2017-2024

indra firmansyah indra — 2026-01-14

Net profit is a crucial element in a company. To achieve the desired net profit, companies must develop sound planning. In a financial structure, operating costs are two important components that can affect net profit. This study examines The impact of operating expenses on net profits in state-owned manufacturing, companies listed on the (IDX). This research uses a quantitative approach, utilizing secondary data in the form of company financial reports. Various statistical methods are applied, such as normality tests, product-moment tests, simple linear regression tests, coefficient of determination tests, and t-tests. Based on the t-test results, operating costs are proven Shows a significant partial impact on net income.

STRATEGI CYBERSECURITY UNTUK PERLINDUNGAN DATA AKUNTANSI: KAJIAN LITERATUR SISTEMATIS 2021-2025

IMAN SUYAKIN DAELI — 2026-01-14

The rapid digitalization of business processes has positioned accounting data as a strategic asset that is highly vulnerable to cyber threats such as ransomware, malware, and social engineering. Protecting this data is crucial not only to ensure operational continuity but also to maintain public trust and organizational accountability. This study aims to provide an in-depth review of relevant cybersecurity strategies for safeguarding accounting data, focusing on recent practices and technologies from 2021 to 2025. The research employed a Systematic Literature Review (SLR) approach by examining academic databases such as Scopus, Google Scholar, and SINTA, followed by content analysis and synthesized through a narrative synthesis method. The findings reveal that effective protection strategies emphasize a holistic and multilayered approach, including data encryption, role-based access control, multi-factor authentication, real-time system monitoring, and security audits. Beyond technical measures, employee training and awareness play a critical role in minimizing internal risks. In conclusion, the integration of advanced technologies with human factors and organizational policies significantly enhances the security of accounting data, ensuring data integrity while strengthening business resilience and sustainability in the digital era.

PENGARUH PENDAPATAN PREMI DAN BEBAN KLAIM TERHADAP LABA BERSIH PERUSAHAAN ASURANSI YANG TERDAFTAR DI BEI (BURSA EFEK INDONESIA)

Jaka Maulana — 2026-01-14

In an increasingly modern era like today, the role of insurance companies is increasigly important in maintaining economic stability and providing protection against risks for both individuals business entities and the government. The sustainability of insurance company operations is highly dependen ton the balance between the company’s two main financial components: premium income and claim expense. The fluctuations in the net profit of insurance businesses listed on the IDX (Indonesian Stock Exchange) serve as the backdrop for this study. The results of this study show that partially premium income has a significant positive effect on net profit, partially claims expenses has a significant negative effect on net profit. And simultaneously, premium income and claim expense have a significant effect on net profit.

ANALISIS KINERJA KEUANGAN PDAM TIRTA RANGGA SUBANG (BUMD) JAWA BARAT PERIODE 2020–2024 DENGAN PENDEKATAN DESKRIPTIF KUANTITATIF

Nita Laila Asyifa — 2026-01-14

Penelitian ini bertujuan untuk menganalisis kinerja keuangan PDAM Tirta Rangga Subang untuk periode tahun 2020-2024 berdasarkan rasio profitabilitas, likuiditas, aktiva dan leverage. Penelitian ini menerapkan metode deskriptif kuantitatif dengan populasi berupa laporan keuangan yang mengambil sampel untuk tahun 2020-2024. Hasil penelitian menunjukkan bahwa 1) kinerja keuangan PDAM Tirta Rangga Subang berdasarkan rasio profitabilitas terjadi peningkatan pendapatan sehingga berdampak terhadap peningkatan rasio gross profit margin (GPM), namun fluktuatif terhadap Operating Profit Margin (OPM) dan Net Profit Margin (NPM) yang kurang bagus karena dibawah 10% serta nilai ROA dan ROE yang kurang bagus karena dibawah 5%, 2) kinerja keuangan PDAM Tirta Rangga Subang berdasarkan rasio likuiditas masih tergolong likuid berdasarkan rasio utang lancar dan rasio utang cepat dengan perbandingan rasio lebih dari 100%, namun belum likuid kalau berdasarkan rasio kas, 3) kinerja keuangan PDAM Tirta Rangga Subang berdasarkan rasio aktiva masih tergolong kurang bagus karena masih dibawah 1, 4) kinerja keuangan PDAM Tirta Rangga Subang berdasarkan rasio leverage masih tergolong sehat atau memiliki resiko keuangan yang rendah dengan rasio masih dibawah 100% meskipun harus bisa mengurangi terhadap penggunaan hutang. Berdasarkan empat rasio keuangan dalam pengukuran kinerja keuangan dapat disimpulkan bahwa kinerja keuangan PDAM Tirta Rangga Subang masih tergolong baik.

PENGARUH LEVERAGE DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN INDUSTRI SUB SEKTOR OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2022-2024

Marismiati Marismiati — 2026-01-14

The sector which has an important contribution to the country’s economic growth is the automotive industry. In its operations, large companies naturally employ a financial dramework that includes the utilization of debt and the generation or earnings as the basis of performance, which can influence the stock value received by investors. High levels of debt may increase financial risk, while good profitability attracts investors to invest their capital. This research is centered to examine the relationship between leverage and profitability on stock prices in automotive sub-sector companies listed on the Indonesia Stock Exchange for the period 2022–2024. The researcher applied a quantitative method with an associative approach. Through purposive sampling, 10 companies were selected as the research objects. The data source was obtained from annual financial statements published on the official website of the Indonesia Stock Exchange. The data analysis techniques used include Descriptive Statistics, Classical Assumption Tests, Multiple Correlation Analysis, Multiple Regression Analysis, Coefficient of Determination, t-test, and F-test. This study is expected to provide clear evidence regarding the effect of leverage and profitability on stock prices and serve as a consideration for investors, companies, and academics.

PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN DAN PERTUMBUHAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL MEDIASI

Novi Nurcahyani — 2026-01-14

This study aims to analyze the effect of profitability, firm size, and firm growth on firm value with capital structure as a mediating variable in manufacturing companies listed on the Indonesia Stock Exchange during 2019–2024. The research employed a quantitative approach using purposive sampling, resulting in 60 companies as the sample with a total of 360 observations. Data were analyzed using panel regression with EViews 13. The findings indicate that profitability and firm size have a significant effect on firm value, while firm growth has no significant effect. Capital structure significantly affects firm value and mediates the relationship between firm size and firm value, but does not mediate the relationship between profitability or firm growth and firm value. Simultaneously, profitability, firm size, and firm growth significantly influence firm value. These results highlight the importance of optimal capital structure management and asset efficiency in enhancing firm value and provide practical implications for investors in conducting fundamental analysis.

PENGARUH MAINTENANCE COSTS DAN NET WORKING CAPITAL TERHADAP REVENUE PADA PERUSAHAAN SEKTOR TRANSPORTASI DAN LOGISTIK YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

Ade Pipit Fatmawati — 2026-01-14

Transportation and logistics companies play the crucial role for supporting Indonesia's economic to growth. Companies need to maintain their business performance to remain competitive and profitable. One way to maximize revenue is by managing maintenance costs and increasing working capital. The purpose research to analyze effect maintenance costs and net working capital on revenue in transportation and logistics companies listed on Indonesia Stock Exchange (IDX). Results of study are expected be used study material for further scientific development, particularly regarding the effect of maintenance costs and net working capital on revenue. Research method used quantitative method with purposive sampling technique. The sample used financial statements of transportation and logistics companies for four periods (2021-2024). Tests were conducted using Normality Test, Product Moment Correlation Analysis, Multiple Correlation Analysis, Multiple Regression Analysis, T-Test (Partial), F-Test (Simultaneous), and Coefficient of Determination Test using IBM SPSS Statistics 25. The t-test results indicate that maintenance costs have a partial positive and significant effect on revenue, and net working capital has a partial positive and significant effect on revenue. The results of the f-test show that maintenance costs and net working capital simultaneously have a positive and significant effect on income.

PREDIKSI KEBANGKRUTAN PT GARUDA INDONESIA TBK PERIODE 2020–2024 DENGAN METODE ALTMAN Z-SCORE MODIFIKASI, SPRINGATE, DAN GROVER

Yulyanah yulyanah — 2026-01-14

This study aims to analyze the accuracy and relevance of three bankruptcy prediction models—namely the Modified Altman Z-Score, Springate, and Grover—in predicting financial distress in the airline sector, specifically at PT. Garuda Indonesia (Persero) Tbk. The research employs a qualitative approach using secondary data from financial statements. The three prediction models were applied to assess the company's financial condition on an annual basis, with the final category determined based on the average score. The results indicate that all three models consistently predicted that PT. Garuda Indonesia Tbk was in a state of bankruptcy throughout the observation period. Although a temporary improvement was observed in 2022, this was reflected in working capital, low retained earnings accumulation, and poor profitability. These findings confirm that the three bankruptcy prediction models remain relevant and provide strong early warning signals for management, investors, and creditors to take corrective actions. This study is expected to serve as a reference for internal and external decision-makers and to support efforts in anticipating bankruptcy risks in the aviation industry.

PENGARUH BIAYA PRODUKSI DAN BIAYA OPERASIONAL TERHADAP PENJUALAN PADA PERUSAHAAN MANUFAKTUR SUB INDUSTRI TEKSTIL DAN GARMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

khairaningrum Mulyanti — 2026-01-14

The textile and garment industry contributes significantly to Indonesia’s economy through employment absorption and export performance. Nevertheless, manufacturing companies in this subsector listed on the Indonesia Stock Exchange face major challenges regarding the efficiency of production and operational costs. This study investigates the effect of production costs and operating costs on sales. A quantitative method with a causal design was applied. Secondary data were obtained from annual financial reports for the period 2021–2024 accessed via the Indonesia Stock Exchange. Analytical techniques employed include multiple regression, t-tests, f-tests, product moment correlation, multiple correlation, coefficient of determination, and classical assumption tests. The findings indicate that both production costs and operating cost individually have a positive effect on sales, while jointly they exert a significant influence on sales. These results highlight the importance of cost efficiency in production and operations as a strategic factor to enhance competitiveness and sustain corporate profitability in a dynamic market environment.

PERAN POSTULAT KEBERLANJUTAN USAHA (GOING CONCERN) DALAM AKUNTANSI: KAJIAN TEORI, IMPLEMENTASI, DAN IMPLIKASINYA TERHADAP PELAPORAN KEUANGAN

Aprita Ravenna Ginting — 2026-01-14

The going concern postulate is one of the fundamental concepts in accounting theory, which assumes that a company will continue its operations for the long term. This article aims to discuss the theoretical concept of going concern as an essential postulate in accounting, explain its application in financial reporting and auditing practices, and examine its impact on the reliability of financial statements. The study adopts a literature review method by analyzing various sources, including accounting standards such as PSAK No. 1 and IAS 1, as well as relevant academic studies. The results of the review indicate that the application of the going concern postulate plays a significant role in maintaining the consistency and credibility of financial statements. The assessment of this assumption requires professional judgment concerning a company’s financial condition, cash flows, and business prospects. If the going concern assumption cannot be maintained, it may lead to changes in the basis of financial statement preparation and reduce stakeholders’ trust. Therefore, a comprehensive understanding of the going concern postulate is essential to promote transparency and accountability in financial reporting.

PERLAKUAN AKUNTANSI ASET TETAP PADA BAZNAS KOTA BUKITTINGGI BERDASARKAN PSAK NO. 16

Renold Muhammad — 2026-01-14

BAZNAS Bukittinggi city owns several fixed assets that are damaged and no longer used in institutional activities. Under PSAK No. 16, such assets should be derecognized. This study uses a descriptive qualitative method by analyzing financial reports related to fixed asset records, with data drawn from primary and secondary sources. The findings show that BAZNAS has implemented PSAK No. 16 in terms of recognition, acquisition, depreciation, and reporting. However, derecognition has not been applied, causing acquisition costs of damaged assets to remain in the financial statements. This results in losses on asset derecognition, which should be presented in the statement of changes in funds. According to BAZNAS and LAZ financial policies, differences arising from asset disposal must be reported in the financial statements under amil funds, zakat funds, or infak and sedekah funds.

PENGARUH ASET PAJAK TANGGUHAN TERHADAP MANAJEMEN LABA PERUSAHAAN BADAN USAHA MILIK NEGARA (BUMN) TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE TRIWULAN 2023-2024

Rima Sundari — 2026-01-14

In the globalization era marked by information openness, companies are expected to provide financial statements that are both transparent and accountable. Nevertheless, pressures from diverse stakeholders often drive management to practice earnings management in order to enhance their financial appearance. The purpose of this research is to analyze the effect of deferred tax assets on earnings management in state-owned enterprises (SOEs) listed on the Indonesia Stock Exchange (IDX) during the 2023–2024 quarterly period. This study applies a quantitative approach with secondary data obtained from annual reports. A total of four companies were chosen through purposive sampling. The analytical methods employed include product-moment correlation, simple linear regression, t-test, and coefficient of determination (R²), with data processing conducted using IBM SPSS Statistics 27. The findings reveal that deferred tax assets among the companies exhibit yearly fluctuations. In addition, the average earnings management score falls within the low to moderate range, suggesting that the firms do not engage in earnings management aggressively.

PENGARUH PENJUALAN DAN BEBAN POKOK PENJUALAN TERHADAP LABA BERSIH PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2021-2024

MUHAMMAD RIZAL SATRIA — 2026-01-14

A company's ability to sustain its operations in a dynamic business environment heavily depends on its financial performance, one of which can be measured through net profit. This reseacrh seeks to examine the impact of sales and cost of goods sold on net profit among manufacturing firms in the automotive and components sub-sector listed on the Indonesia Stock Exchange. The study applies a quantitative approach with a causal-associative method. The data employed consist of secondary financial reports from the 2021–2024 period, which were obtained from the official IDX website at www.idx.co.id. The analytical tools utilized include Pearson product-moment correlation, multiple correlation, multiple linear regression, coefficient of determination, t-test, and F-test, processed with the assistance of SPSS software. The findings reveal that sales have a significant positive effect on net profit, showing a very strong correlation between the two variables. Conversely, cost of goods sold exerts a significant negative effect on net profit, also with a very strong correlation. Moreover, sales and cost of goods sold collectively influence net profit, with a strong simultaneous relationship between both independent variables and net profit.

PENGARUH FLUKTUASI NILAI TUKAR RUPIAH DAN NILAI EKSPOR TERHADAP PPN DAN PPNBM DI INDONESIA PERIODE 2015-2024

Novia Nurhalizah — 2026-01-14

This indicates that changes in the rupiah exchange rate and increased export values can contribute to the growth of tax revenue, although the impact is not always immediately apparent on an individual basis. The conclusion of this study confirms that exchange rate stability and export growth simultaneously play an important role in strengthening VAT revenue in Indonesia. This finding is expected to be considered by the government in formulating fiscal policies that are adaptable to global and domestic economic dynamics. The research results indicate that, partially, fluctuations in the rupiah exchange rate and export value have a positive but not significant impact on VAT revenue in Indonesia.

The research method used is a quantitative approach with multiple linear regression analysis. However, simultaneously, both variables have a positive and significant impact on VAT revenue. The sampling technique used is saturation sampling, where the entire population (n = 10) is used as the research sample. This study aims to analyze the influence of fluctuations in the rupiah exchange rate and export value on Value Added Tax (VAT) revenue in Indonesia over the past decade. The research population regarding the rupiah exchange rate, export value, and VAT revenue was obtained from the Central Bureau of Statistics (BPS) and the Ministry of Trade (Kemendag) using data from a 10-year period. Time series data from 2015–2024 were analyzed using multiple linear regression with SPSS 25.

PENGARUH BIAYA PEMELIHARAAN TERHADAP PENDAPATAN PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2020-2024

Rukmi Juwita — 2026-01-14

Revenue fluctuated at several automotive and component manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2024 period. Several causes contributed to this fluctuation, including maintenance costs related to production factors. This study purpose to confirm and examine how Maintenance Costs affect Revenue, and the difference in maintenance costs and revenue in automotive and companies manufacturing on the IDX For The 2020-2024 Period. The methodology used in this study is quantitatitve. There are 30 financial reports of Automotive and Component Sub Sector Manufacturing Companies on The IDX which are the populations in this research, purposive sampling was used in the sample selection process. The calibration uses statistical test including Normality Test, Product Moment Correlation, Simple Regression Linier, Coefficient of Determination, and t-Test. The results of the difference of maintenance cost and revenue For The 2020-2024 Period experienced fluctuations. Based on the findings of the hypothesis test that Maintenance Cost significantly and favorably affect on Revenue in Automotive and Component Manufacturing Companies Listed On The IDX For The 2020-2024 Period.

LABA BERSIH, ARUS KAS OPERASI, DAN DIVIDEN KAS: BUKTI EMPIRIS PADA PERUSAHAAN TRANSPORTASI DAN LOGISTIK BEI

Nita Sintiani — 2026-01-14

The transportation and logistics sector is a key driver of Indonesia’s economic recovery, particularly in the post-pandemic period when the flow of goods and public mobility have intensified. Nevertheless, the distribution of cash dividends within this sector does not always align with the levels of net income and operating cash flow. According to financial theory, net income represents a firm’s overall financial performance, whereas operating cash flow reflects the availability of liquid funds for dividend payments. This study examines the influence of net income and operating cash flow on cash dividends in 17 transportation and logistics companies listed on the Indonesia Stock Exchange (IDX) during the 2023-2024 period. The research adopts an associative quantitative approach using secondary data derived from published financial statements. Data analysis includes normality testing, correlation analysis, multiple linear regression, partial t-tests, simultaneous F-tests, and coefficient of determination analysis. The findings indicate that net income has a significant partial effect on cash dividends, while operating cash flow does not show a significant partial effect. However, both variables jointly exert a significant influence on cash dividend distribution.

IMPLEMENTASI PAJAK KARBON SEBAGAI INSTRUMEN KEBIJAKAN LINGKUNGAN DI SEKTOR ENERGI: STUDI LITERATUR DAN PERBANDINGAN INTERNASIONAL

Diana Maryana — 2026-01-14

The global climate crisis demands innovative policy instruments to reduce greenhouse gas emissions, particularly from the energy sector, which is the largest contributor. Carbon taxation has emerged as an effective fiscal instrument to internalize negative environmental externalities and to encourage the transition toward clean energy. This study aims to analyze the role of carbon tax in supporting environmental sustainability through a literature review and cross-country comparison. The research adopts a descriptive qualitative approach based on a literature study, utilizing secondary data from academic journals, reports from international institutions, and national regulations. The findings indicate that carbon taxes have been effective in reducing emissions in countries with consistent implementation, such as Sweden, Canada, and Singapore. In Indonesia, although the legal foundation has been established through Law No. 7 of 2021 on the Harmonization of Tax Regulations, implementation faces challenges including low tax rates, industrial readiness, and social resistance. This study recommends a gradual increase in carbon tax rates, strengthened emissions monitoring, and the allocation of tax revenues to protect vulnerable households and support green energy investments. With an equitable and integrated design, carbon taxation can serve as a key pillar of Indonesia’s environmental policy.

ANALISIS PENGARUH BIAYA PEMASARAN TERHADAP PENDAPATAN PERUSAHAAN SEKTOR PROPERTI DAN REAL ESTAT YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2024

Kiagus Muhammad Amran — 2026-01-14

The Property and real estate sector is a vital part of indonesia's economy. In 2024, several IDX-listed companies in this sector saw declining revenues despite increased marketing spending, raising concern about cost efficiency. This study aims to analyze marketing expenditures, revenue performance, and the effect of marketing costs on revenue among property and real estate firms listed on IDX in 2024. Using a quantitative approach with secondary financial data, the analysis employed correlation, regression, T-Test, and determination coefficient. Result show that while most companies experienced rising marketing costs alongside higher revenues, some showed the opposite trend. The T-Test indicated a significance value of 0.0001 > 0.05, confirming that marketing expenditures have a positive and significant impact on revenue.

BIBLIOMETRIK - RISIKO KREDIT DI SEKTOR KEUANGAN

Nasrudin Nasrudin — 2026-01-14

Risiko kredit (credit risk) merupakan salah satu risiko utama dalam sektor keuangan, khususnya perbankan, yang memiliki dampak signifikan terhadap stabilitas dan keberlanjutan sistem keuangan. Seiring dengan meningkatnya kompleksitas aktivitas keuangan global, penelitian terkait risiko kredit mengalami perkembangan yang pesat. Penelitian ini bertujuan untuk menganalisis perkembangan, tren, pola kolaborasi, serta topik dominan dalam literatur ilmiah mengenai risiko kredit melalui pendekatan bibliometrik. Data penelitian diperoleh dari basis data publikasi ilmiah internasional yang relevan, kemudian dianalisis menggunakan metode bibliometrik dengan bantuan perangkat lunak visualisasi seperti VOSviewer. Hasil analisis menunjukkan bahwa penelitian risiko kredit mengalami peningkatan signifikan dalam dua dekade terakhir, terutama setelah krisis keuangan global dan seiring dengan perkembangan teknologi keuangan. Topik penelitian didominasi oleh pemodelan risiko kredit, penilaian risiko kredit, probabilitas gagal bayar, serta pemanfaatan teknologi seperti machine learning dan big data. Selain itu, penelitian banyak terkonsentrasi di negara-negara dengan sistem keuangan maju, meskipun kontribusi dari negara berkembang menunjukkan tren peningkatan. Visualisasi jaringan kata kunci mengungkapkan adanya keterkaitan erat antara risiko kredit dengan stabilitas keuangan, profitabilitas bank, dan risiko keuangan lainnya. Penelitian ini memberikan gambaran komprehensif mengenai lanskap penelitian risiko kredit dan diharapkan dapat menjadi referensi bagi peneliti dan praktisi dalam mengidentifikasi arah penelitian serta celah riset di masa depan.

Kata kunci: risiko kredit, analisis bibliometrik, perbankan, manajemen risiko, stabilitas keuangan.

PENGARUH KUALITAS SISTEM, KUALITAS INFORMASI DAN KUALITAS LAYANAN TERHADAP KEPUASAN PENGGUNA FINANCIAL TECHNOLOGY SHOPEEPAY

Bambang Rustandi — 2026-01-14

Financial technology telah mengubah kebiasaan masyarakat yang sebelumnya melakukan pembayaran tunai menjadi pembayaran non-tunai (cashless). Penelitian ini bertujuan untuk mengetahui dan mendeskripsikan pengaruh kualitas sistem, kualitas informasi, dan kualitas layanan terhadap kepuasan pengguna financial technology ShopeePay. Metode yang digunakan adalah metode deskriptif dan asosiatif dengan instrumen penelitian berupa kuesioner. Sampel berjumlah 100 responden dengan metode pengambilan sampel non-probability sampling dengan teknik purposive sampling. Analisis statistik yang digunakan adalah analisis regresi berganda menggunakan SPSS 26.0. Hasil analisis regresi linear berganda dapat disimpulkan bahwa kualitas sistem, kualitas informasi, dan kualitas layanan berpengaruh positif dan signifikan terhadap kepuasan pengguna financial technology ShopeePay baik secara parsial maupun simultan. Berdasarkan uji analisis koesfisien determinasi diperoleh sebesar 67,3%. Hal ini menunjukkan bahwa pengaruh kualitas sistem, kualitas informasi dan kualitas layanan terhadap kepuasan pengguna financial technology ShopeePay sebesar 67,3%. Sedangkan sisanya sebesar 32,7% dipengaruhi oleh variabel lain yang tidak diteliti dalam penelitian ini.

DAPATKAH INTELLECTUAL CAPITAL MEMPENGARUHI HARGA SAHAM

Adi Supriadi — 2026-01-14

This study aims to examine and analyze the influence of Sales Growth and Intellectual Capital on Stock Prices in non-cyclical consumer companies listed on the Indonesia Stock Exchange for the period 2023 to 2025. This type of research is quantitative research, using secondary data. The data analysis method used is a panel data regression test using the Eviews 12 application. The population in this study is all non-cyclical consumer sectors listed on the Indonesia Stock Exchange for the period 2023 to 2025. The data collection technique in this study was a purposive sampling technique with results from 105 companies with certain criteria obtained as many as 35 companies. The results of the study show that Sales Growth and Intellectual Capital together can affect stock prices and Intellectual Capital has a significant effect on Stock Prices. This increase in sales provides a positive signal to investors that the company has good growth prospects, which can increase investor interest in buying the company's shares. Conversely, if the results are negative, this indicates a decrease in sales that can reduce investor interest. The results of intellectual capital, namely Intellectual capital, reflect the company's ability to manage intangible assets to create value. A high score on intellectual capital indicates that the company has successfully optimized the use of physical capital, human resources, and organizational structure to increase added value.