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Thrifty can be used as an indication that someone has good financial management behavior. This research aims to investigate the influence of financial literacy, financial self-efficacy, locus of control, parental income, love of money on... more
Thrifty can be used as an indication that someone has good financial management behavior. This research aims to investigate the influence of financial literacy, financial self-efficacy, locus of control, parental income, love of money on financial management behavior and lifestyle as mediating variables of Z Generation Thriftier in East Java. The type of research used is quantitative conclusive causality, and data analysis technique used Structural Equation Model (SEM) with Amos 24 software. The number of samples obtained was 264 respondents by using purposive and snowball sampling techniques and taken from an online questionnaire. The findings show that there is no influence of parental income on financial management behavior, but there is an influence of financial literacy, financial self-efficacy, locus of control, love of money and lifestyle on financial management behavior. In addition, financial literacy influences lifestyle, and lifestyle mediate between financial literacy an...
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Pondok pesantren merupakan salah satu institusi dengan nilai potensi yang sangat besar dalam hal mendukung pembangunan ekonomi nasional. Hal tersebut dicerminkan dari aktifitas wirausaha industri modern yang berkembang di lingkungan... more
Pondok pesantren merupakan salah satu institusi dengan nilai potensi yang sangat besar dalam hal mendukung pembangunan ekonomi nasional. Hal tersebut dicerminkan dari aktifitas wirausaha industri modern yang berkembang di lingkungan institusi tersebut. Banyak informasi tentang pondok pesantren yang mendirikan dan mengembangkan koperasi dan berbagai unit bisnis industri skala kecil dan menengah melalaui inkubator bisnis yang mereka miliki. Kenyataannya, seringkali mereka mengabaikan pencatatan dalam pembukuan laporan keuangan sehingga sulit untuk merencanakan perkembangan usaha ke depannya. Kegiatan PKM ini bertujuan memberi solusi permasalahan yang dihadapi oleh pondok pesantren, meliputi pengelolaan manajemen usaha dalam hal penetapan harga jual produk, pengelolaan keuangan dengan menyusun laporan keuangan sederhana, dan etika atau norma dalam menjalankan bisnis sesuai syariah Islam. Metode kegiatan dilakukan melalui beberapa tahap meliputi observasi dan persiapan, analisis permas...
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The production process in a business will run smoothly if the company has adequate raw material availability. Raw materials is one of the factors of production that management is quite complicated to do. The production process can not run... more
The production process in a business will run smoothly if the company has adequate raw material availability. Raw materials is one of the factors of production that management is quite complicated to do. The production process can not run smoothly if the available raw materials are not sufficient so that eventually the company will lose consumers. Conversely, an excess inventory of raw materials can increase storage costs, increasing the risk of damage so as to reduce the profit earned. For small and medium enterprises (SMEs) who produce food and beverages, managing raw material inventory is an important thing to do to get quality products so as to improve its performance. Raw materials used to make the production process is a raw material that is easy to rot and perishable. Micro SMEs (MSMEs) are required to be able to produce quality products using fresh raw materials. This study aims to analyze the obstacles encountered by MSMEs in managing raw material inventory. Based on the re...
This study examines the financial satisfaction among the employees in the District of Sidoarjo, as well as to analyze the relationship between income, debt, gender differences, financial literacy, and financial attitude. The object of... more
This study examines the financial satisfaction among the employees in the District of Sidoarjo, as well as to analyze the relationship between income, debt, gender differences, financial literacy, and financial attitude. The object of this research is the employees in the District of Sidoarjo and techniques of data collection using the technique of purposive sampling and snowball sampling. Total respondents obtained is 298 by distributing questionnaires online. This research is conclusive causality and using the analysis technique of Structural Equation Modeling (SEM) in AMOS software version 24. The results of this study showed that the debt and financial attitude have a significant effect on financial satisfaction, while the variable income, gender differences and financial literacy does not affect the financial satisfaction. This study can be a useful reference for a variety of parties, especially labour/employees/employee where you should always act and behave better in financia...
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The purpose of this study is to explain whether there is a market reaction to the announcement of the divestiture and to determine whether the content of the announcement, especially divestment transaction characteristics affects... more
The purpose of this study is to explain whether there is a market reaction to the announcement of the divestiture and to determine whether the content of the announcement, especially divestment transaction characteristics affects cumulative abnormal return (CAR). Based on the research using one sample t-test shows that there is a market reaction at t-2. Then proceed with the analysis of one sample t test to test CAR parent company since t-2. Results show thatCARt-2t1, CAR-2t2 and CAR2t3 are significant. The three interval CARs are used as the dependent variables in the regression test. While the independent variables consist of relative size, transaction value, focus motive and diversification. F statistics of multiple linier regression shows that three models are not significant. It means that the announcement of sell offs is important but the content of this announcement included the divestment transaction characteristics are not considered for decision-making.
Small and Medium Enterprises (SMEs) in times of crisis, has shown resilience in facing economics shocks. The scale of these businesses can survive and even grow very significantly. In Indonesia, despite the fact that some SMEs have been... more
Small and Medium Enterprises (SMEs) in times of crisis, has shown resilience in facing economics shocks. The scale of these businesses can survive and even grow very significantly. In Indonesia, despite the fact that some SMEs have been declining or stagnant, others continued to grow and succeed. An example is the SMEs in Tanggulangin Sidoarjo. Since the events of the mud flow, visitors to Tanggulangin have been decreased drastically. Mass media led to the perception that the mudflow had reached the center of The Bags and Suitcases Industry in Tanggulangin. But until this day, Tanggulangin, also known as the largest industrial bags and suitcases in East Java was completely untouched. This study aims to examine the application of Social Network and marketing factors affecting the success of SMEs in the subdistrict of Sidoarjo Tanggulangin. The method used to examine is a SWOT analysis as well as doing deep interview to entrepreneurs in the Leather Craft Industry Center Region Tanggul...
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The development of corporate Sukuk in recent years has continued to show a significant increase in both the number of Sukuk issuers and investors of Sukuk instruments. This study aims to identify the determinants of financial factors and... more
The development of corporate Sukuk in recent years has continued to show a significant increase in both the number of Sukuk issuers and investors of Sukuk instruments. This study aims to identify the determinants of financial factors and corporate governance factors on the Sukuk rating. The type of data used in this research is quantitative data from secondary sources. The purposive sampling method is used with criteria specifically non-financial companies issuing Sukuk circulating on the IDX and Sukuk ratings were issued by PT Pefindo. The data consist of 93 Sukuk issuances from 2010 to 2019. Ordinal logistic regression model with SPSS version 26 is then used to ascertain the significant determinants of Sukuk rating. This study found that financial factors such as liquidity, leverage, profitability, and firm size affect the Sukuk rating. However, company growth does not affect the Sukuk rating because the growth of company assets is not followed by the growth of intangible assets s...
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The purpose of this research to analyze the influence of DIJA Index, FTSE100 Index, NIKKEI225 Index, KOSPI Index, Hang Sheng Index, Gold Price, Money Supply and net export to Indonesia Composite Index. Data for this research have been... more
The purpose of this research to analyze the influence of DIJA Index, FTSE100 Index, NIKKEI225 Index, KOSPI Index, Hang Sheng Index, Gold Price, Money Supply and net export to Indonesia Composite Index. Data for this research have been taken from Indonesian statistic center for macroeconomic variables, yahoo finance for index, and London Bullion Market Association (LBMA) for gold price. The methods of data analysis were multiple linear regresion models. The result of this study shows that DJIA, FTSE100, Hang Seng, money Supply and net export have not influence to Indonesia Composite Index. Meanwhile NIKKEI 225, KOSPI and gold price have positive relation with Indonesia Composite Index. The suggestion can be given to investors and listed companies is to respond the information regarding the Nikkei 225 index, Kospi, and the world gold price to predict Indonesia Composite Index investment decision on the right stock and when it will make the policy valuation company stock.For further re...
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The purpose of this study was to analyze the effect of macroeconomic indicators and global factors to IHSG period 2005-2014. Macroeconomic indicators used in this study are inflation rate, SBI rate and Exchange rate of rupiah to dollar.... more
The purpose of this study was to analyze the effect of macroeconomic indicators and global factors to IHSG period 2005-2014. Macroeconomic indicators used in this study are inflation rate, SBI rate and Exchange rate of rupiah to dollar. The global factors used include world oil price, world gold price and The Fed rate. The analytical method used in this study is multiple regression analysis performed with SPSS 18. Result from this study indicate that exchange rate of rupiah to dollar had negative effect on IHSG. World oil price had positive effect on IHSG. While the variables of inflation rate, SBI rate, world gold price and The Fed rate had no significant effect on IHSG. The value of adjusted R square is 50.2%. This means that 50.2% of IHSG movements can be predicted by the movement of the six independent variables.
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The Theory of Planned Behaviour (TPB) has been widely applied in the financial sector. However, no research has investigated the moderating role of financial literacy in saving intention. This study investigates the moderating role of... more
The Theory of Planned Behaviour (TPB) has been widely applied in the financial sector. However, no research has investigated the moderating role of financial literacy in saving intention. This study investigates the moderating role of financial literacy in the partial influence of money attitude, subjective norms, perceived behavioural control, and perceived risk on saving intention. According to the Moderated Regression Analysis (MRA) findings, financial literacy moderated the effect of money attitude, subjective norms, and perceived behavioural control on saving intention. On the other hand, financial literacy has not mitigated the effect of perceived risk on saving intention. These findings validate TPB's application in the financial sector by incorporating moderating role of financial literacy. It is also discovered that the millennial generations who participate in this study have good financial literacy.
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Investasi adalah kegiatan investasi aset untuk mendapatkan keuntungan dalam jangka waktu tertentu. Penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempengaruhi keputusan investasi. Penelitian ini menggunakan jenis... more
Investasi adalah kegiatan investasi aset untuk mendapatkan keuntungan dalam jangka waktu tertentu. Penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempengaruhi keputusan investasi. Penelitian ini menggunakan jenis penelitian kuantitatif dengan jumlah sampel 230 responden dengan menggunakan metode analisis Structural Equation Model (SEM). Objek penelitian ini adalah mahasiswi di Surabaya yang memiliki galeri investasi di kampusnya. Studi ini berfokus pada jenis kelamin perempuan karena dalam empat tahun terakhir investor perempuan mengalami peningkatan yang signifikan dibandingkan dengan investor laki-laki, padahal tingkat pengetahuan keuangan perempuan lebih rendah dibandingkan laki-laki. Hasil penelitian ini menunjukkan bahwa literasi keuangan, overconfidence, herding, toleransi risiko dan persepsi risiko berpengaruh positif terhadap keputusan investasi. Hasil penelitian ini dapat membantu Galeri Investasi sebagai lembaga untuk sering melakukan sosialisasi seperti pe...
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The widespread use of sharia products and instruments encourages society to save funds in sharia banks. The main purpose of this research is to test the effect of financial literacy, profit sharing, knowledge of customers, gender, age,... more
The widespread use of sharia products and instruments encourages society to save funds in sharia banks. The main purpose of this research is to test the effect of financial literacy, profit sharing, knowledge of customers, gender, age, education, income to saving decisions. The type of research is quantitative research by using a non-probability sampling method with snowball sampling and purposive sampling technique to get a sample of 230 respondents. The object of this research was sharia bank's customers in Surabaya. The data obtained by spreading the questionnaire online and offline contains 41 items of statement and question. The data analysis technique is multiple linear regression that calculated by software package used for the analysis of statistical data. The result found that financial literacy’s of customer has medium effect about 72.1% to their saving decision. The higher level of customer’s financial literacy increases their ability to manage finance and saving. Mea...
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Purpose of the study: The purpose of the study was to compare the financial information, financial self-efficacy and emotional intelligence on the financial management of women lecturer in state and private university. Methodology: This... more
Purpose of the study: The purpose of the study was to compare the financial information, financial self-efficacy and emotional intelligence on the financial management of women lecturer in state and private university. Methodology: This study was designed as a conclusive causality study. The study population was female lectures of state and private universities in Indonesia. From the population, there are two hundred (200) female lectures from a state university and private universities have selected as a sample of study by quota sampling method. The data collection techniques used in this research are interviews and surveys. Multiple regressions was chosen to get results with the SPSS tools. Main Findings: There is an influence of financial knowledge, financial self-efficacy, financial literacy, and emotional intelligence to the financial management behavior of female lecturers at state universities while there is no influence of financial attitude, financial literacy, and emotiona...
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Indonesia currently has developed entrepreneurship both conceptually and practically and has developed very rapidly. Knowledge that must be possessed by an entrepreneur is financial knowledge. Adequate financial knowledge is needed to... more
Indonesia currently has developed entrepreneurship both conceptually and practically and has developed very rapidly. Knowledge that must be possessed by an entrepreneur is financial knowledge. Adequate financial knowledge is needed to provide entrepreneurial skills to make sound financial decisions. Other variables of financial behavior that are important to be measured along with financial knowledge on the success of young entrepreneurial business are the level of financial behavior and financial literacy. This research was designed as explanatory research to explain the subject of the influence of financial knowledge, financial literacy, and financial attitude towards young entrepreneurial success. The research was conducted in the city of Surabaya. The population of this study is young entrepreneurs who have micro businesses. The sampling technique is done in a way cluster sampling. The analytical method used in this study is to use multiple linear regressions with validity test,...
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The purpose of this study is to measure the level of financial literacy of working women, to describe assets allocation, as well as the time and profit in investment. This research paper is a qualitative study using the descriptive... more
The purpose of this study is to measure the level of financial literacy of working women, to describe assets allocation, as well as the time and profit in investment. This research paper is a qualitative study using the descriptive method. Noting the purpose, it is suitable if the qualitative approach was implemented. The respondents are working women with most of them have been married, 16-22 years old on average, have a bachelor degree, and work in the government sector with the majority of the income is more than 4.000.000 rupiahs. Those respondents’ characteristics will influence their choice in doing investment because it is associated with the tolerance of risks. The first form of behavior and preference of investment done by working women is that majority of them have thought about investment plan and most of the respondents think that everyone can get profitable investment if they do financial planning and saving/investment. The second form of behavior is that the majority...
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Research Interests: Business()
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The purpose of this study is to determine the effect of attitude toward behavior, subjective norm, perceived behavioral control, and risk tolerance on investment intention of Surabayanese in peer to peer lending. This study is conclusive... more
The purpose of this study is to determine the effect of attitude toward behavior, subjective norm, perceived behavioral control, and risk tolerance on investment intention of Surabayanese in peer to peer lending. This study is conclusive causality research with quantitative research data using a purposive sampling method and a random sampling method to get samples. Data in this study obtained by a questionnaire with a Likert scale. The sample used in this study were 200 Surabaya’s workforce. The analysis method used is multiple linear regression analysis using the SPSS program. The result is based on hypothesis testing that shows that attitude toward behavior and risk tolerance significantly influences investment intention. While the subjective norm and perceived behavioral control do not affect investment intention. It is because of the distribution respondents that dominated by young people that have age between 18-25 years. The respondents have a low belief in their social relati...