Jurnal Ilmu Keuangan dan Perbankan (JIKA) https://ojs.unikom.ac.id/index.php/jika <table style="height: 464px;" width="703"> <tbody> <tr> <td align="left" valign="top"> <p>&nbsp;</p> </td> <td style="width: 50px;"><img src="/public/site/images/arjuna/1._Cover_JIKA_10_.1_.jpg" width="254" height="359"></td> <td align="left" valign="top"> <p><strong>Jurnal Ilmu Keuangan dan Perbankan (JIKA)&nbsp;</strong>is an academic journal published two times annually (December - June) by the Program of Finance and Banking (Program Studi Keuangan dan Perbankan, Fakultas Ekonomi dan Bisnis) Universitas Komputer Indonesia.</p> <p>This journal publishes original research on multi concepts, theories, perspectives, paradigms, and methodologies in Finance, Banking, and Financial&nbsp; Institutions.</p> <p>Specific topics of interest include (but are not confined&nbsp; to):</p> <ol> <li class="show">Finance</li> <li class="show">Banking Management</li> <li class="show">Management Accounting</li> <li class="show">Business Economics</li> <li class="show">Cooperative Management</li> <li class="show">Insurance Management</li> <li class="show">Other Financial Institutions Management</li> <li class="show">Financial Technology</li> </ol> <p><em>&nbsp;</em><a href="http://issn.pdii.lipi.go.id/issn.cgi?daftar&amp;1546917012&amp;1&amp;&amp;" target="_blank" rel="noopener">E-ISSN:&nbsp;2655-9234</a></p> <p>&nbsp;<a href="http://issn.pdii.lipi.go.id/issn.cgi?daftar&amp;1428994073&amp;1&amp;&amp;" target="_blank" rel="noopener">P-ISSN:&nbsp;2089-2845</a></p> </td> </tr> </tbody> </table> <p>Any submitted paper will be reviewed by reviewers. The review process employs a double-blind review that the reviewer does not know the identity of the author, and the author does not know the identity of the reviewers.</p> <p><strong>Jurnal Ilmu Keuangan dan Perbankan (JIKA)&nbsp;</strong>indexed by:</p> <p><a href="https://doaj.org/toc/2655-9234?source=%7B%22query%22%3A%7B%22bool%22%3A%7B%22must%22%3A%5B%7B%22terms%22%3A%7B%22index.issn.exact%22%3A%5B%222089-2845%22%2C%222655-9234%22%5D%7D%7D%5D%7D%7D%2C%22size%22%3A100%2C%22sort%22%3A%5B%7B%22created_date%22%3A%7B%22order%22%3A%22desc%22%7D%7D%5D%2C%22_source%22%3A%7B%7D%2C%22track_total_hits%22%3Atrue%7D" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/DOAJ_Jadi.png"></a><a href="https://app.dimensions.ai/discover/publication?or_facet_source_title=jour.1377110" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/dimensions.png"></a><a href="https://scholar.google.co.id/citations?user=v7C80LEAAAAJ&amp;hl=en&amp;authuser=2" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/googlescholar11.png"></a><a href="http://garuda.ristekdikti.go.id/journal/view/14051" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/Garuda.png"></a><a href="https://www.base-search.net/Search/Results?type=all&amp;lookfor=jurnal+ilmu+keuangan+dan+perbankan&amp;ling=1&amp;oaboost=1&amp;name=&amp;thes=&amp;refid=dcresen&amp;newsearch=1" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/Base_(1)2.jpg" width="221" height="77"></a><a href="http://onesearch.id/Search/Results?lookfor=Jurnal+Ilmu+Keuangan+dan+Perbankan&amp;type=AllFields&amp;limit=20&amp;sort=relevance" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/onesearch5.png"></a><a href="https://search.crossref.org/?q=2655-9234&amp;from_ui=yes" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/crossref1.png"></a></p> <p>Since 2019 <strong>Jurnal Ilmu Keuangan dan Perbankan (JIKA)&nbsp;</strong>has been accredited with the level of <strong>SINTA 4&nbsp;</strong></p> <p><a href="https://sinta3.kemdikbud.go.id/journals/profile/5008" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/SINTA_4.jpg" width="316" height="115"></a>&nbsp;&nbsp;</p> <p><strong>Jurnal Ilmu Keuangan dan Perbankan (JIKA)&nbsp;</strong>in collaboration with:</p> <p><a href="https://drive.google.com/file/d/13QLrF6z4JZBjyzsXtgLE2oaWJB283ZZO/view?usp=sharing" target="_blank" rel="noopener"><img src="/public/site/images/arjuna/isei-kotak-1024x10241.png" width="164" height="164"></a></p> Program Studi Keuangan & Perbankan, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia en-US Jurnal Ilmu Keuangan dan Perbankan (JIKA) 2089-2845 Does Working Capital Management Drive Firm Financial Performance? Evidence from Developing Nation https://ojs.unikom.ac.id/index.php/jika/article/view/7961 <p>This study examines the impact of working capital management on the financial performance of Nigerian businesses. Working capital management (WCM) is an integral part of corporate finance and has a direct impact on a company's liquidity and profitability. The study utilized panel data. Companies' data were analyzed utilizing proper statistical methods. The findings show that effective working capital influence a firm’s financial performance in Nigeria. The study concluded that management should create a strong and effective working capital management strategy that ensures maximum return, increases firm share value, and maximizes shareholders’ wealth.</p> <p><strong>Keywords: Working Capital Management; Firms; Financial Performance; Liquidity; Inventory</strong></p> <p>&nbsp;</p> <p><em>Penelitian ini menguji dampak manajemen modal kerja pada kinerja keuangan bisnis Nigeria. Manajemen modal kerja (WCM) merupakan bagian integral dari keuangan perusahaan dan memiliki dampak langsung pada likuiditas dan profitabilitas perusahaan. Penelitian ini menggunakan data panel. Data perusahaan dianalisis menggunakan metode statistik yang tepat. Temuan menunjukkan bahwa modal kerja yang efektif mempengaruhi kinerja keuangan perusahaan di Nigeria. Studi menyimpulkan bahwa manajemen harus menciptakan strategi manajemen modal kerja yang kuat dan efektif yang memastikan pengembalian maksimum, meningkatkan nilai saham perusahaan, dan memaksimalkan kekayaan pemegang saham.</em></p> <p><em><strong>Kata Kunci:&nbsp;<strong>M</strong>anajemen Modal Kerja; Perusahaan; Kinerja Keuangan; Likuiditas; Persediaan</strong></em></p> <p>&nbsp;</p> Adeshola Olugbenga Olunuga ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 1 10 10.34010/jika.v12i1.7961 Local Government Financial Ability in Doing Regional Loans in The Covid-19 Pandemic Era https://ojs.unikom.ac.id/index.php/jika/article/view/6757 <p>The purpose of this study was to determine the financial capacity of local governments in making regional loans in the era of the COVID-19 pandemic. The results of the study stated that regional revenue is a source of capital, which is collected and used to finance various regional development implementation activities. The method used is Structural Equation Modeling PLS, population of this research is carried out on local government organizations, namely related sub-units in the section of the Regional Secretariat, DPRD Secretariat, Inspectorate, Service and Agency in Musi Banyuasin Regency totaling 37 people. The results show that the financing of regional autonomy requires the ability of local governments to explore sources of revenue that are not dependent on the central government.</p> <p><strong>Keywords:&nbsp;Regional Finance; Regional Loans; Regional Revenue; Regional Development; Local Government</strong></p> <p>&nbsp;</p> <p><em>Tujuan penelitian ini untuk mengetahui kemampuan keuangan pemerintah daerah di dalam melakukan pinjaman daerah era pandemi covid-19. Hasil penelitian menyatakan bahwa penerimaan daerah merupakan sumber modal, yang dihimpun dan dimanfaatkan untuk membiayai berbagai kegiatan pelaksanaan pembangunan daerah. Metode yang digunakan yaitu Structural Equation Modeling PLS, populasi penelitian ini dilakukan pada Organisasi Pemerintah Daerah yaitu sub-sub unit terkait pada bagian dari Sekretariat Daerah, Sekretariat DPRD, Inspektorat, Dinas dan Badan di Kabupaten Musi banyuasin berjumlah 37 orang. Hasil penelitian menunjukan bahwa pembiayaan&nbsp; otonomi daerah menuntut adanya kemampuan pemerintah daerah untuk menggali sumber-sumber penerimaan yang tidak tergantung kepada pemerintah pusat.&nbsp; </em></p> <p><em><strong>Kata Kunci:&nbsp;Keuangan Daerah; Pinjaman Daerah; Pendapatan Daerah; Pembangunan Daerah; Pemerintah Daerah</strong></em></p> Irlan Fery ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 11 24 10.34010/jika.v12i1.6757 Financial Inclusion of Islamic Banking and Financial Technology as a Growth Factor for MSMEs https://ojs.unikom.ac.id/index.php/jika/article/view/7995 <p>This study discusses issues that occur in MSMEs that have difficulties and low levels of access for MSMEs owners to banking services in the sharia sector and the use of Financial Technology in financial institutions, aims to examine the effect of Islamic banking financial inclusion, the use of Financial Technology on the growth of MSMEs in the region Bandung. The method used is descriptive and verification with a quantitative approach, by distributing questionnaires to 90 MSMEs owners assisted by Kadin West Java, analyzed using multiple linear regression analysis techniques with the IBM SPSS 26.0.0 Software program. The results of the study show that the Financial Inclusion of Islamic Banking and Financial Technology has a high effect on MSME growth. The impact of this research is to provide information and advice to MSMEs because with access to Islamic banking financial inclusion and the use of fintech by MSMEs themselves can increase the growth of MSMEs.</p> <p><strong>Keywords:&nbsp;Islamic Banking Financial Inclusion; Financial Technology; MSMEs Growth; Banking Economy; MSMEs Conditions</strong></p> <p>&nbsp;</p> <p><em>Penelitian ini membahas isu yang terjadi pada kesulitan UMKM dan rendahnya akses UMKM pada layanan perbankan di sektor syariah dan penggunaan teknologi keuangan pada lembaga keuangan, bertujuan untuk menguji pengaruh inklusi keuangan perbankan syariah, penggunaan teknologi keuangan terhadap pertumbuhan UMKM yang berada di wilayah Kota Bandung. Metode yang digunakan adalah deskriptif dan verifikatif dengan pendekatan kuantitatif, melalui penyebaran kuesioner kepada 90 pemilik UMKM binaan Kamar Dagang dan Industri (Kadin) Provinsi Jawa Barat, dianalisis menggunakan teknik analisis regresi linear berganda. Hasil penelitian menunjukan bahwa Inklusi Keuangan Perbankan Syariah dan teknologi keuangan berpengaruh tinggi terhadap Pertumbuhan UMKM. Dampak dari penelitian ini memberikan informasi dan saran kepada pelaku UMKM karena dengan adanya akses dari inklusi keuangan perbankan syariah dan penggunaan fintech oleh UMKM itu sendiri dapat meningkatkan pertumbuhan UMKM.</em></p> <p><em><strong>Kata Kunci:&nbsp;Inklusi Keuangan Perbankan Syariah; Teknologi Keuangan; Pertumbuhan UMKM; Ekonomi Perbankan; Kondisi UMKM</strong></em></p> Annisa Maftuhatul Jannah Isniar Budiarti* ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 25 33 10.34010/jika.v12i1.7995 Does Car Influence RoA? Evidence from State-Owned Banks https://ojs.unikom.ac.id/index.php/jika/article/view/8232 <p>This research aims to determine the effect of the Capital Adequacy Ratio (CAR) against Return on Asset (RoA) in State-Owned Banks listed on the Indonesian Stock Exchange for the 2014-2021 period. The sample of this research is determined by saturation sampling method, so the obtained sample of 4 banks, there are PT Bank Negara Indonesia Tbk, PT Bank Rakyat Indonesia Tbk, PT Bank Tabungan Negara Tbk, and PT Bank Mandiri Tbk. The research method is used the causal associative with a quantitative approach. The analysis techniques used in this research are classical assumption test (normality test, heteroscedasticity test, and autocorrelation test) simple linear regression analysis, and hypothesis test using the software SPSS 22. The result of the research using the t-test showed that Capital Adequacy Ratio has a significant effect on Return on Asset. So, the bank's chances of making a profit will be higher if the capital is managed properly.</p> <p><strong>Keywords:&nbsp;Capital Adequacy Ratio; Return on Asset; SOE Banks; Finance; Management</strong></p> <p>&nbsp;</p> <p><em>Tujuan dari penelitian ini adalah untuk mengetahui pengaruh Capital Adequacy Ratio (CAR) terhadap Return On Asset (ROA) pada bank BUMN yang terdaftar di Bursa Efek Indonesia periode tahun 2014-2021. Sampel yang digunakan dalam penelitian ini adalah bank BUMN, yaitu PT Bank Negara Indonesia Tbk, PT Bank Rakyat Indonesia Tbk, PT Bank Tabungan Negara Tbk, and PT Bank Mandiri Tbk. Metode yang digunakan pada penelitian ini yaitu menggunakan metode asosiatif kausal dengan pendekatan kuantitatif.&nbsp; Teknik analisis data yang digunakan dalam penelitian ini adalah uji asumsi klasik (uji normalitas, uji heterokedastisitas, dan uji autokorelasi), analisis regresi linear sederhana, dan pengujian hipotesis menggunakan software SPSS 22. Hasil penelitian dengan pengujian uji t menunjukkan bahwa secara parsial Capital Adequacy Ratio berpengaruh terhadap Return On Asset. Jadi, kemampuan bank untuk menghasilkan keuntungan akan lebih tinggi jika modal yang dimiliki dikelola dengan baik. </em></p> <p><strong><em>Kata Kunci</em>:&nbsp;<em>Capital Adequacy Ratio; Return on Asset; Bank BUMN; Keuangan; Manajemen</em></strong></p> Hadi Purnomo* Indah Sri Nurcahyani Mari Maryati ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 34 41 10.34010/jika.v12i1.8232 Analysis of Bank Health Before and After the Implementation of Pernyataan Standar Akuntansi Keuangan (PSAK) 71 https://ojs.unikom.ac.id/index.php/jika/article/view/6721 <p>The change in the implementation of PSAK 55 to PSAK 71 at the beginning of 2020 is an important event that has occurred in the banking industry, with this research aims to see whether there are differences in the soundness of banks before and after the application of &nbsp;PSAK 71 to Conventional Banks listed in the Indonesia Stock Exchange (IDX) in 2019-2020. Taking the sample of 31 banks was selected through purposive sampling. Using a non-parametric test namely, the Wilcoxon rank sign range test, assessed by the SPSS v.22. Bank soundness level is measured using Risk Profile, Good Corporate Governance, Earnings, and Capital (RGEC). Research gives the result that the level of bank soundness has an overall difference before and after the application of PSAK 71.</p> <p><strong>Keywords:&nbsp;Bank soundness; PSAK 71; Conventional Banks; Indonesia Stock Exchange (IDX); RGEC</strong></p> <p>&nbsp;</p> <p><em>Pergantian pemberlakuan PSAK 55 menjadi PSAK 71 pada awal tahun 2020 menjadi peristiwa penting yang terjadi pada industri perbankan, dengan ini penelitian bertujuan untuk melihat adakah perbedaan tingkat kesehatan bank sebelum dan sesudah penerapan PSAK 71 pada Bank Konvensional yang terdaftar di Bursa Efek Indonesia (BEI) tahun &nbsp;2019 – 2020. Sampel sebanyak 31 Bank dengan teknik pengambilan sampel purposive sampling. Menggunakan uji non-parametrik yaitu uji wilcoxon sign rank test. Pengukuran tingkat kesehatan bank menggunakan Risk Profile, Good Corporate Governance, Earnings, dan Capital (RGEC). Penelitian memberikan hasil bahwa tingkat kesehatan bank memiliki perbedaan secara menyeluruh ketika sebelum dan sesudah penerapan PSAK 71.</em></p> <p><em><strong>Kata Kunci:&nbsp;Kesehatan Bank; PSAK 71; Bank Konvensional; Bursa Efek Indonesia (BEI); RGEC</strong></em></p> Wulan Dwi Antari Triana Anggraini Reni Rosita* ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 42 50 10.34010/jika.v12i1.6721 Market Reaction and Share Performance Towards the Merger and Acquisition Announcement of 2015-2019 https://ojs.unikom.ac.id/index.php/jika/article/view/7231 <p>This study aims to analyze differences in market reactions and performance before and before announcing Mergers and Acquisitions in companies listed on the Indonesia Stock Exchange (IDX) in 2015-2019 by measuring differences in Abnormal Return (AR), Trading Volume Activity (TVA), Security Return Variability (SRV), and Actual Return (R) 10 days before and 10 days after the event. The method used is quantitative. The data used are secondary data on daily closing stock prices and the number of shares held during the observation period. The test results show that there is no significant difference in Abnormal Return (AR), Trading Volume Activity (TVA), and Actual Return (R) before and before the event. However, there is a significant difference in the Security Return Variability (SRV) before and before the event.&nbsp;</p> <p><strong>Keywords:&nbsp;Abnormal Return; Trading Volume Activity; Security Return Variability; Actual Return; Merger and Acquisition</strong></p> <p>&nbsp;</p> <p><em>Penelitian ini bertujuan untuk menganalisis perbedaan reaksi pasar dan kinerja saham Before dan After pengumuman merger dan akuisisi pada perusahaan terdaftar di Bursa Efek Indonesia (BEI) tahun 2015-2019 dengan mengukur perbedaan Abnormal Return (AR), Trading Volume Activity (TVA), Security Return Variability (SRV), dan Actual Return (R) 10 hari Before dan 10 hari setelah peristiwa. Metode yang digunakan adalah kuantitatif. Data yang digunakan adalah data sekunder harga saham penutupan harian dan jumlah saham yang diperdagangkan selama periode pengamatan. Hasil uji menunjukkan tidak ada perbedaan signifikan pada Abnormal Return (AR), Trading Volume Activity (TVA) dan Actual Return (R) Before dan After peristiwa. Namun terdapat perbedaan yang signifikan pada Security Return Variability (SRV) Before dan After peristiwa.</em></p> <p><em><strong>Kata Kunci:&nbsp;Return Tidak Normal; Aktivitas Volume Perdagangan; Variabilitas Pengembalian Keamanan; Return Aktual; Penggabungan dan Akuisisi</strong></em></p> Gadis Arimbi Puspita* Irni Yunita ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 51 61 10.34010/jika.v12i1.7231 Analysis of The Debtor's Endurance using Cox Regression Semiparametric Method https://ojs.unikom.ac.id/index.php/jika/article/view/7194 <p>The aim of this research was conducted to determine the factors that influence the resilience of car loan debtors in an area. The research method used is semiparametric Cox regression on secondary data, WAREHOUSE consisting of the customer profile (demography) and historical payment consisting of 25 observed variables. The Cox regression model used in this study is a proportional hazard Cox regression model. Based on the description of the data, it shows that there is a risk of defaulting debtors who have been past due compared to never past due. Cox proportional hazard regression model with the semiparametric method can be used to identify factors that affect debtor resilience. Of the 25 variables observed, there is one variable, namely the X16 (Age) variable which does not significantly affect the debtor's endurance.</p> <p><strong>Keywords:&nbsp;Debtor Resistance; Historical Payment; Semiparametric; Cox Regression; Proportional Hazard</strong></p> <p>&nbsp;</p> <p><em>Penelitian ini bertujuan untuk mengetahui faktor yang berpengaruh terhadap daya tahan debitur kredit mobil di suatu wilayah. Metode penelitian yang digunakan pada penelitian ini adalah semiparametric regresi cox pada data sekunder, warehouse yang terdiri profil (demographi) customer dan historycal payment terdiri atas 25 varibel yang diamati. Model regresi Cox yang digunakan pada penelitian ini adalah model regresi Cox hazard proporsional. Berdasarkan deskripsi data menunjukkan adanya risiko debitur gagal bayar yang Pernah Past Due dibandingkan Never Past Due. Model regresi cox proportional hazard dengan metode semiparametrik dapat digunakan untuk mengedentifikasi faktor-faktor yang mempengaruhi daya tahan debitur. Dari 25 variable yang diamati ada 1 (satu) variable yaitu peubah X<sub>16</sub> (Age) yang tidak signifikan berpengaruh terhadap daya tahan debitur.</em></p> <p><em><strong>Kata Kunci:&nbsp;Daya Tahan Debitur; Riwayat Pembayaran; Semiparametrik; Regresi Cox; Proporsi Hazard</strong></em></p> Vitri Aprilla Handayani* Widya Reza Andini Setyo Anggraeni Garry Rusmadi ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 62 70 10.34010/jika.v12i1.7194 Strategic Business Plan of Sayang Holidays USA Travel Agency https://ojs.unikom.ac.id/index.php/jika/article/view/8401 <p>The development of tourists and tourism is going very fast which requires travel agencies to make adjustments and innovations. Sayang Holidays is a travel agency operating in California, San Francisco, USA. This study was conducted to excavate the feasibility of Sayang Holidays as a business entity engaged in the tourism sector. The method used is the Miles and Huberman model which divides into four stages, namely data collection, data reduction, data display, and decision making. From this study, it was found that Sayang Holidays is relevant and feasible in becoming a competitive travel agency in San Fransisco. The measurement was conducted from the marketing, human resource, financial ability, and operational aspects. It is hoped that this research can be useful for furthering the development of the business.</p> <p><strong>Keywords:&nbsp;Travel Agency; Finance; Feasibility Study; Business Plan; Tourism</strong></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><em>Perkembangan wisatawan dan pariwisata yang berlangsung sangat cepat menuntut biro perjalanan untuk melakukan penyesuaian dan inovasi. Sayang Holidays adalah agen perjalanan yang beroperasi di California, San Francisco, AS. Kajian ini dilakukan untuk menggali kelayakan Sayang Holidays sebagai badan usaha yang bergerak di bidang pariwisata. Metode yang digunakan adalah model Miles dan Huberman yang terbagi menjadi empat tahapan yaitu pengumpulan data, reduksi data, display data, dan pengambilan keputusan. Dari penelitian ini ditemukan bahwa Sayang Holidays relevan dan layak untuk menjadi agen perjalanan yang kompetitif di San Fransisco. Pengukuran dilakukan dari aspek pemasaran, sumber daya manusia, kemampuan finansial, dan operasional. diharapkan penelitian ini dapat bermanfaat untuk pengembangan usaha selanjutnya.</em></p> <p><em><strong>Kata Kunci: Agen Perjalanan; Keuangan; Studi Kelayakan; Rencana Bisnis; Pariwisata</strong></em></p> Trustorini Handayani Karina Devi Murugesu Windi Novianti Muhammad Iffan* Raeni Dwi Santy ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 71 80 10.34010/jika.v12i1.8401 Banking Health Analysis Using RGEC https://ojs.unikom.ac.id/index.php/jika/article/view/6871 <p>The purpose of this study is to analyze the soundness of banking in Indonesia before and during the pandemic using RGEC, which consists of Non Performing Loans (NPL), Good Corporate Governance (GCG), Return on Assets (ROA), and Capital Adequacy Ratio (CAR). The impact of this research is to assist banking companies in analyzing their level of health before and during the pandemic. This research is a quantitative study with a descriptive approach, using secondary data from the first quarter to the fourth quarter of 2019 (before the pandemic) and the first quarter to the fourth quarter of 2020 (during the pandemic). Based on data from banking companies listed on the Indonesia Stock Exchange, the population studied was 45 companies, with a sample of 35 companies. The results showed that there was no significant difference in the soundness of banks using the RGEC method as proxied by NPL, GCG, ROA, and CAR.</p> <p><strong>Keywords:&nbsp;Banking Health; NPL; GCG; ROA; CAR</strong></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><em>Tujuan penelitian ini adalah menganalisis tingkat kesehatan perbankan di Indonesia sebelum dan saat pandemi menggunakan RGEC, yang terdiri dari Non-Performing Loan (NPL), Good Corporate Governance (GCG), Return on Assets (ROA), dan Capital Adequacy Ratio (CAR). Dampak dari penelitian ini adalah membantu perusahaan perbankan dalam menganalisis tingkat kesehatannya pada sebelum dan saat pandemi. Penelitian ini merupakan penelitian kuantitatif dengan pendekatan deskriptif, menggunakan data sekunder dari triwulan I hingga triwulan IV tahun 2019 (sebelum pandemi) dan triwulan I hingga triwulan IV 2020 (saat pandemi). Berdasarkan data perusahaan perbankan yang terdaftar di Bursa Efek Indonesia, populasi yang diteliti adalah 45 perusahaan, dengan sampel 35 perusahaan. Hasil penelitian menunjukkan bahwa tidak terdapat perbedaan signifikan pada tingkat kesehatan bank menggunakan metode RGEC yang diproksi dengan NPL, GCG, ROA dan CAR.</em></p> <p><strong><em>Kata Kunci:&nbsp;Tingkat Kesehatan Bank; NPL; GCG; ROA; CAR</em></strong></p> <p>&nbsp;</p> Deri Trihandayani* Irni Yunita ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 81 91 10.34010/jika.v12i1.6871 State-Owned Bank Health Level using the CAMELS Method for the Period of 2015-2020 https://ojs.unikom.ac.id/index.php/jika/article/view/8304 <p>The purpose of this study was to identify the soundness level of a bank by using CAR, NPL, ROA, BOPO, and long-distance relationships in the CAMELS system in one of the Banking SOEs. The method used is a quantitative method with a descriptive approach over a period of six years (2015-2020). The research findings show a comparison of the 2015-2020 CAR in the face of depreciation and escalation or the occurrence of instability. There was also a decrease in the CAR ratio in 2015-2016 due to an increase in the amount of RWA without being offset by bank capital. Comparison of NPLs in BUMN Banking escalates every year due to the high risk of missing budget formation or bad loans. These results were found by analyzing each level of the soundness of each ratio variable (CAR, NPL, ROA) to financial institutions.</p> <p><strong>Keywords:&nbsp;Banking; Financial; ROA; BOPO; CAR</strong></p> <p>&nbsp;</p> <p><em>Tujuan penelitian ini untuk mengidentifikasi tingkat kesehatan bank dengan menggunakan Rasio CAR, NPL, ROA, BOPO, dan hubungan jarak jauh dalam sistem CAMELS di salah satu BUMN Perbankan. Metode yang digunakan adalah metode kuantitatif dengan pendekatan deskriptif dalam periode enam tahun (2015-2020). Temuan penelitian menunjukkan perbandingan CAR tahun 2015-2020 dalam menghadapi penyusutan dan eskalasi atau terjadinya instabilitas. Terjadi pula penurunan Rasio CAR tahun 2015-2016 karena peningkatan jumlah ATMR tanpa diimbangi permodalan bank. Perbandingan NPL di BUMN Perbankan tiap tahun terjadi eskalasi karena tingginya resiko pembentukan anggaran yang hilang atau kredit macet. Hasil tersebut ditemukan dengan menganalisis setiap tingkat kesehatan dari setiap variabel rasio (CAR, NPL, ROA) terhadap lembaga keuangan.</em></p> <p><strong><em>Kata Kunci:&nbsp;Perbankan; Keuangan; ROA; BOPO; CAR</em></strong></p> Yayah Sutisnawati* Nurul Putri Pamungkas ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 92 103 10.34010/jika.v12i1.8304 Implementing Management Accounting Information Systems using Software Applications and its Implications on Individual Performance https://ojs.unikom.ac.id/index.php/jika/article/view/8396 <p>This study aims to determine the effect of accounting training applications, and accounting information system techniques on the implementation of management accounting information systems, and implications on the individual performance of retail organization managers. This study uses primary data with population units used by units related to retail store management employees, namely 10 retail stores in South Sumatra by using a probability sampling technique for as many as 155 retail store manager employees. The results of the study prove that the application of accounting training, and accounting information system techniques have an effect on the application of management accounting information systems resulting in the individual performance of information system software users.</p> <p><strong>Keywords:&nbsp;Accounting Training Application; Accounting Information System Engineering; Application of Management Accounting Information System; Information System Software; Finance</strong></p> <p>&nbsp;</p> <p><em>Penelitian ini bertujuan untuk mengetahui pengaruh aplikasi &nbsp;pelatihan akuntansi, teknik sistem informasi akuntansi terhadap penerapan sistem informasi akuntansi manajemen implikasi pada kinerja individual pengelola organisasi retail. Penelitian ini menggunakan data primer dengan unit populasi yang digunakan unit-unit terkait&nbsp; karyawan pengelola toko retail yaitu 10 toko-toko retail yang ada di Sumatera Selatan dengan menggunakan teknik probability sampling sebanyak 155 karyawan pengelola toko retail. Hasil penelitian membuktikan bahwa aplikasi pelatihan akuntansi, teknik sistem informasi akuntansi berpengaruh pada penerapan sistem informasi akuntansi manajemen berakibat pada kinerja individual pengguna software sistem informasi.</em></p> <p><em><strong>Kata Kunci:&nbsp;Aplikasi &nbsp;Pelatihan Akuntasi; Teknik Sistem Informasi Akuntansi; Penerapan Sistem Informasi Akuntansi Manajemen; Software Sistem Informasi; Keuangan</strong></em></p> Lesi Hertati* Asmawati Asmawati Lili Syafitri Meifida Ilyas Otniel Safkaur ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 104 116 10.34010/jika.v12i1.8396 Factors Affecting the Profit of Coal Companies in Indonesian Stock Exchange (IDX) https://ojs.unikom.ac.id/index.php/jika/article/view/6555 <p>This study aims to examine the effect of Firm Size, Leverage, and Accrued Expenses on Profits in coal companies listed on the Indonesia Stock Exchange. The data used in this study is secondary data from as many as 8 coal companies listed on the Indonesia Stock Exchange for an observation period of 7 years so there are 56 observations. The sampling technique used is the purposive sampling method. The method used is panel data regression analysis. The results of the study show that simultaneously show that Firm size, leverage, and Accrued Expenses have a positive and significant effect on the profits of coal companies listed on the Indonesia Stock Exchange.</p> <p><strong>Keywords: Profit, Firm Size; Leverage; Accrued Expense; Coal Companies</strong></p> <p>&nbsp;</p> <p>This study aims to examine the effect of Firm Size, Leverage, and Accrued Expenses on Profits in coal companies listed on the Indonesia Stock Exchange. The data used in this study is secondary data from as many as 8 coal companies listed on the Indonesia Stock Exchange for an observation period of 7 years so there are 56 observations. The sampling technique used is the purposive sampling method. The method used is panel data regression analysis. The results of the study show that simultaneously show that Firm size, leverage, and Accrued Expenses have a positive and significant effect on the profits of coal companies listed on the Indonesia Stock Exchange.</p> <p><em><strong>Kata Kunci:&nbsp;Laba; Ukuran Perusahaan; Leverage; Beban Akrual; Perusahaan Batu Bara</strong></em></p> Maryana Maryana Irfan Irfan Bobby Rahman* Adri Wanto ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 117 127 10.34010/jika.v12i1.6555 The Importance of The Chief Executive Officer (CEO) Characteristics in relation to Firm Value https://ojs.unikom.ac.id/index.php/jika/article/view/7329 <p>The purpose of this article is to clarify the relation between CEO characteristics and firm value in the banking industry sector on Indonesia Stock Exchange. This study used 183 data collected from 37 banking companies from 2015 to 2020. The results show that CEO characteristics (gender, MBA degree, tenure) have no effect on firm value as measured using Market to Book Value (MBV). Meanwhile, ROA, Leverage, and financial condition as control variables have an effect on firm value. This result indicates that company policies do not depend on an individual (CEO), but company policies are based on all members board of directors or the top management team. This study has implications for upper echelon theory that CEO is not the only powerful actor who can determine the firm value.</p> <p><strong>Keywords:&nbsp;Firm Value; CEO Characteristic; Upper Echelon; Market to Book Value; IDX</strong></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><em>Tujuan dari penelitian ini adalah untuk menguji pengaruh karakteristik CEO terhadap nilai perusahaan pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Dengan menggunakan sampel sebanyak 37 perusahaan perbankan dari tahun 2015 sampai dengan tahun 2022 terkumpul data sebanyak 193 observasi. Pengujian dilakukan dengan menggunakan analisis regresi linear berganda. Hasil penelitian menunjukkan bahwa karakteristik CEO (Jenis kelamin, gelar MBA, tenur) tidak berpengaruh terhadap Market to Book Value (MBV) sebagai proksi nilai perusahaan. Leverage dan kondisi keuangan sebagai variable control berpengaruh terhadap nilai perusahaan. Hasil penelitian memberikan indikasi bahwa kebijakan perusahaan tidak hanya tergantung pada seorang individu (CEO) saja namun kebijakan perusahaan didasarkan pada seluruh anggota dalam jajaran dewan direksi atau top management team.&nbsp; Penelitian ini memberikan implikasi terhadap teori upper echelon bahwa CEO bukanlah satu-satunya powerful actor yang dapat menentukan nilai perusahaan.</em></p> <p><strong><em>Kata Kunci:&nbsp;Nilai perusahaan; Karakteristik CEO; Eselon Atas; Pasar Nilai Buku; BEI</em></strong></p> Sucma Berlian Hadi Sumarsono* Dwi Warni Wahyuningsih ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 128 136 10.34010/jika.v12i1.7329 Cost Efficiency in The Banking Industry https://ojs.unikom.ac.id/index.php/jika/article/view/8411 <p>This study aims to analyze cost efficiency in conventional banking. The data of this study consists of 23 banks in Indonesia period 2009-2017. The research method is the Stochastic Frontier Approach (SFA) model. The results show that foreign exchange private banks are the most cost-efficient. State-owned commercial banks are not yet cost-efficient banks. Bank cost efficiency is determined by labor costs and interest costs. Higher labor costs and interest costs will increase the total cost of conventional banking. The results of this study will be useful for the banking industry to improve cost efficiency by controlling labor costs and interest costs. The implication of this research is that the government needs to improve cost efficiency at state-owned banks and reduce labor costs and interest costs with the aim of increasing banking cost efficiency.</p> <p><strong>Keywords:&nbsp;Conventional bank; Cost Efficiency; Labor Cost; Interest Cost; Stochastic Frontier Approach</strong></p> <p>&nbsp;</p> <p><em>Penelitian ini bertujuan untuk menganalisis efisiensi biaya pada perbankan konvensional. Data penelitian ini terdiri dari 23 bank di Indonesia periode 2009-2017. Metode penelitian yang digunakan adalah dengan menggunakan model Stochastic Frontier Approach (SFA). Temuan penelitian menunjukkan bahwa bank swasta devisa paling hemat biaya. Bank umum milik negara belum termasuk bank yang efisien biayanya. Efisiensi biaya bank ditentukan oleh biaya tenaga kerja dan biaya bunga. Biaya tenaga kerja dan biaya bunga yang lebih tinggi akan meningkatkan total biaya pada perbankan konvensional. Hasil dari penelitian ini akan berguna bagi industri perbankan untuk meningkatkan efisiensi biaya dengan mengendalikan biaya tenaga kerja dan biaya bunga. Implikasi dari penelitian ini adalah pemerintah perlu meningkatkan efisiensi biaya pada bank BUMN serta menekan biaya tenaga kerja dan biaya bunga.</em></p> <p><em><strong>Kata Kunci:&nbsp;Bank Konvensional; Efisiensi Biaya; Beban Tenaga Kerja; Beban Bunga; Pendekatan Stochastic Frontier</strong></em></p> Sholikha Oktavi Khalifaturofi'ah ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 137 146 10.34010/jika.v12i1.8411 Comparison Analysis of “Safe Investment” https://ojs.unikom.ac.id/index.php/jika/article/view/7984 <p>This study aims to compare the return; risk; and coefficient of variation in gold; money market mutual funds; and government bonds in 2016-2021, as well as to determine the best investment instruments for investors. The data of this study are the historical monthly closing price of ANTAM's gold, NAV per unit of Manulife Indonesia Money Market Fund, and yield government bond series FR0056. The analytical method used in this study is a comparative method consisting of the Kruskal-Wallis test and further tests with Mann-Whitney. The results indicate significant differences between returns on gold and government bonds, returns on money market mutual funds and government bonds, and no significant difference between returns on gold and money market mutual funds. In terms of risk, it is known that each investment instrument has different risks, so choosing one investment instrument will provide a smaller risk.&nbsp;</p> <p><strong>Keywords:&nbsp;Return; Risk; Coefficient of Variation; Gold; Mutual Funds; Bonds</strong></p> <p>&nbsp;</p> <p><em>Penelitian ini bertujuan untuk mengetahui perbandingan imbal hasil; risiko; dan koefisien variasi pada emas; reksa dana pasar uang; dan obligasi pemerintah tahun 2016-2021, serta untuk menentukan instrumen investasi terbaik bagi investor. Data pada penelitian ini adalah data bulanan harga penutupan emas ANTAM, NAB per unit Reksa Dana Pasar Uang Manulife Indonesia, dan imbal hasil obligasi pemerintah seri FR0056. Metode analisis yang digunakan adalah komparatif yang terdiri dari uji Kruskal-Wallis dan uji lanjut Mann Whitney. Hasil penelitian menunjukkan terdapat perbedaan yang signifikan antara imbal hasil emas dan obligasi pemerintah, imbal hasil reksa dana pasar uang dan obligasi pemerintah, serta tidak terdapat perbedaan yang signifikan antara imbal hasil emas dan reksa dana pasar uang. Dilihat dari segi risiko diketahui bahwa setiap instrument investasi memiliki risiko yang berbeda, sehingga memilih salah satu instrument investasi akan memberikan risiko yang lebih kecil.</em></p> <p><strong><em>Kata Kunci:&nbsp;Imbal hasil; Risiko; Koefisien Variasi; Emas; Reksadana; Obligasi</em></strong></p> Ratna Juwita* Fitri Rahayu Mia Andika Sari ##submission.copyrightStatement## 2022-12-30 2022-12-30 12 1 147 156 10.34010/jika.v12i1.7984