Civic Engagement Perusahaan di Masa Pandemi Covid-19 : CSR Bank Mandiri untuk RS Jantung dan Pembuluh Darah Harapan Kita

AbstractThe study in this research focuses on describing civic engagement or the involvement of citizens from the business world on government policies in handling Covid-19 in the form of CSR programs. The theme was raised based on the importance of their involvement in the realization of government policies related to handling Covid-19. An important level in this research is Bank Mandiri's civic engagement in the Covid-19 CSR program at the RSJPDHK. The role of civic engagement is necessary apart from being an obligation of every citizen as well as the success of a program. This research method uses a qualitative approach with a descriptive type of research. The informant selection technique in this study used non-probability sampling. The results of the research show that Bank Mandiri has implemented civic engagement in the form of CSR Covid-19 in the Non-Program CSR category of Bank Mandiri during the Covid-19 pandemic, only from the point of view of civic engagement it has not fully met the objectives of civic engagement because the CSR provided is not sustainable.

Locus of Control Memoderasi Pengganggaran Partisipatif terhadap Kinerja Manajerial (Studi Pada Pemerintah Daerah Kota Ternate)

This study examines the effect of participatory budgeting on managerial performance with locus of control as a moderating variable. Proposional random sampling is a technique used in this study. There were 108 state civil servants within the regional apparatus organization in the city of Ternate as respondents in this study. The results of statistical tests show that the locus of control variable moderates the relationship between participatory budgeting and managerial performance. Partially, participatory budgeting has an effect on managerial performance. The implication of this research is that it can be used by regional apparatus organizations to design budget planning arrangements in the city of Ternate.

Stock Valuation Analysis of Islamic Bank in Related to Forming Holding

This study aims to estimate the fair value of equity per share and to analyze undervalued or overvalued value of the company PT. Bank BRI Syariah Tbk. Result on this study combine market approach, book value approach and discount of future cash flow approach, so it can deliver comprehensive result. On the other side, this study or valuation specialize on financial industry due to uniqueness and complexity of the industry. PT. Bnk BRI Syariah Tbk was chosen, because of the plan ot the ministry of state-owned enterprises of the Republic of Indonesia to merge 3 sharia banks such as PT Bank BRI Syariah Tbk, PT Bank Syariah Mandiri, and PT Bank BNI Syariah. Only, PT Bank BRI Syariah is public company. This research is a descriptive analysis, the data and information used are secondary data from PT Bank BRI Syariah Tbk through its annual report, while other data used come from data and reports from other supporting institutions. This study uses three methods to value the share, free cash flow to equity, relative valuation, and abnormal earning. The conclusion is fair value of PT Bank BRI Syariah Tbk is IDR 482.47, so the value is undervalued

Analysis of the Distinction of Earnings Management between Islamic and Conventional Stocks Markets in the Consumer Goods Industry in Indonesia

Analysis of earnings management is carried out to achieve profit targets applied in financial statements management. This study analyzes the difference between earnings management in the consumer goods industry sector, Islamic and conventional stocks. Data is on financial statements and annual reports of manufacturing companies on IDX in 2016-2019 as many as 19 sharia and 10 non-sharia issuers. This research uses analysis of the independent samples test of earnings management, current tax burden, firm size, managerial ownership, and leverage both Islamic and Conventional stocks. The results show a significant difference in several variables in earnings management between two markets, i.e., Islamic and Conventional Stocks, which are current tax burden, managerial ownership, and leverage in manufacturing companies in the consumer goods industry in Indonesia in the period of 2016-201

Covid-19 dan Dampaknya Terhadap Kinerja Bank BUMN di Indonesia

Covid-19 has increased the risk of financial institutions. As countries struggle to strengthen economic activity and provide various fiscal stimuli to facilitate liquidity in the market, this study questions whether national banks are still in a healthy condition to face uncertainties in the market. This study applies the RGEC (Risk Profile, Good Corporate Governance, Earnings, and Capital) approach to assess the performance of state-owned banks in Indonesia during the new normal period since June 2020 (quarter II and III). Based on the analysis and discussion of this study, it can be concluded that the condition of state-owned banking in Indonesia during the new normal period was still healthy. Bank risk level remains at a safe level. Bank made huge profits and fixed capital is still at a healthy level. Thus, state-owned banks remain competitive and handle risk well. This is supported by the existence of stimulus assistance from the government in the form of the Countercyclical Policy.Cara Mengutip:Ilahiyah, M. E., Padilla, M. A. E., & Palupi, D. (2021). Covid-19 dan Dampaknya Terhadap Kinerja Bank BUMN di Indonesia. Esensi: Jurnal Bisnis dan Manajemen, 11(1), xx-xx. https://doi.org/10.15408/ess.v11i1.19297

Influence of Internet Financial Reporting, Website Information Disclosure Rate, Number of Shares Outstanding, and Sales Growth on The Frequency of Stock Trading on Manufacturing Companies on The Indonesia Stock Exchange (2015-2019)

The purpose of this study was to determine the effect of Internet Financial Reporting, Website Information Disclosure Rate, Number of Outstanding Shares, and Sales Growth on the Frequency of Stock Trading in Manufacturing Companies on the Indonesia Stock Exchange. The population of this study are manufacturing companies in 2015-2019. Sampling using purposive sampling technique. The number of samples used was 290 samples. The results of the partial study of Internet Financial Reporting do not have a significant positive effect on the frequency of stock trading. The level of Website Information Disclosure has a significant positive effect on the frequency of stock trading. The number of outstanding shares has a significant positive effect on the frequency of stock trading. Sales growth has no significant positive effect on the frequency of stock tradin

How Far Will an Islamic Bank with The Largest Asset Elevate?

Indonesian Islamic banking continues to show positive developments. Banking assets, the amount of financing, and third party funds continues to grow. A critical question arises particularly related to the issue of efficiency and effectiveness. This study is aimed to assess the level of efficiency of Bank of Shariah Mandiri (BSM) as an Islamic bank with the largest asset and to analyze factors that affect its level of profitability over the period of 2001-2019. Data Envelope Analysis was employed to assess efficiency and ordinary least square regression was applied for profitability analysis. The results show that the level of efficiency of BSM is categorized high with an average efficiency score of 97.7% but with the average level of profitability of only 1.3%, which is considered as medium. The level of efficiency was at the lowest point in 2003. Non-Performing Financing (NPF), Financing to Deposits Ratio (FDR), Operational Cost to Operational Income (BOPO), and Capital Adequacy Ratio (CAR) simultaneously have a significant effect on the level of profitability, but independently, FDR does not. The results imply that an Islamic bank with a gigantic asset shall give attention to its profitability while maintaining efficiency level.Cara Mengutip:Muchtar, M. (2021). How Far Will an Islamic Bank With The Largest Asset Elevate? Esensi: Jurnal Bisnis dan Manajemen, 11(1), xx-xx. https://doi.org/10.15408/ess.v11i1.20393

Determinasi Financial Technology Dengan Pendekatan Unified Theory of Acceptance and Use of Technology II

Currently, human life is in the era of globalization where in carrying out human activities, it is inseparable from the use of technology. One of the fields that are experiencing developmental with current technological advances is the financial sector. Which is often referred to as financial technology, which cannot be separated from innovation and acceptance of fintech itself. This study aims to examine and analyze the determination of financial technology with the UTAUT II approach. This study uses primary data from questionnaires to 176 respondents. The analytical method used is Structural Equation Model (SEM). The results showed that variables performance expectancy, effort expectancy, social influence, facilitating conditions, price value, perceived risk had a positive effect on behavioral intention. Hedonic motivation, habit had no effect on behavioral intention, and behavioral intention had a positive effect on use behavior. The results of this study can provide empirical evidence related to the analysis of the financial technology determination to the UTAUT II approach. This research also provide policy input, which is a solution to research problems regarding the use of interest and the behavior of using financial technology in Kuningan Regency.Cara Mengutip:Hamzah, A., & Sukma, N. (2021). Determinasi Financial Technology Dengan Pendekatan Unified Theory of Acceptance and Use of Technology II. Esensi: Jurnal Bisnis dan Manajemen, 11(1), xx-xx. https://doi.org/10.15408/ess.v11i1.19155

Pengaruh Leverage dan Profitabilitas Terhadap Pengungkapan Corporate Social Responsibility

Management of natural resources and environment who is not responsible the main issues disclosure of corporate social responsibility . This study aims to determine the influence of leverage and profitability on the disclosure of corporate social responsibility. The company sampled 42 high profile companies selected using purposive sampling techniques. The hypothesis testing process is done using panel regression. Based on the test results found that leverage is insignificant to CSR disclosure, while profitability has a significant positive influence on CSR disclosure. High profile Company is a company that has a high level of sensitivity to the environment. The company's operational activities are high profile potential and directly related to the environment. It is expected that for High Profile Company management in order to maintain and improve the company's performance, the greater the financial performance will increase CSR disclosure.Cara Mengutip:Rivandi, M., Dewi, M. K., & Meirina, E. (2021). Pengaruh Leverage dan Profitabilitas Terhadap Pengungkapan Corporate Social Responsibility. Esensi: Jurnal Bisnis dan Manajemen, 11(1), xx-xx. https://doi.org/10.15408/ess.v11i1.14249

Pengaruh Intellectual Capital dan Corporate Social Responsibility terhadap Nilai Perusahaan dimoderasi oleh Kinerja

Competitive advantage through the use of knowledge and creating a good image through CSR activities is needed to face competition. Many companies have moved from resource based to knowledge base. Companies that are able to innovate and are able to create a good image will make consumers loyal and have an impact on improving performance. Increased performance will provide hope for investors and potential investors towards the company so that the company's value will increase, which is indicated by rising stock prices. This study aims to analyze the effect of intellectual capital and corporate social responsibility on firm value with company performance as a moderator variable in the basic and chemical industries listed on the Indonesia Stock Exchange (BEI) for the 2014-2018 period. Hypothesis testing results showed that simultaneous intellectual capital and corporate social responsibility affect the value of the company, partially intellectual capital affects the value of the company and financial performance succeeded in moderator the relationship between them, corporate social responsibility affects the company value, in addition simultaneously financial performance succeeded in moderator the relationship between intellectual capital and corporate social responsibility to the value of the company, partially financial performance succeeded in moderator the relationship between intellectual capital to the value of the company, while partially financial performance was not able to moderate the relationship between cororate social responsibility and corporate value