Abstract:This study investigates the relationship between profitability, leverage, and firm size and tax avoidance practices in publicly listed consumer sector firms during the 2020–2024 period. A quantitative approach was applied…
ied using panel data regression analysis, with a sample of six companies selected through purposive sampling. Tax avoidance was measured using the Effective Tax Rate (ETR), while profitability, leverage, and firm size were proxied by Return on Assets (ROA), Debt to Equity Ratio (DER), and the natural logarithm of total assets, respectively. Based on model selection procedures, the Random Effect Model (REM) was identified as the most appropriate specification. The results indicate that, both individually and jointly, profitability, leverage, and firm size do not exhibit a statistically significant effect on tax avoidance. Additionally, the coefficient of determination suggests that the model explains only a limited proportion of the variation in tax avoidance behavior. These findings imply that tax avoidance is likely influenced by factors beyond the financial indicators examined, highlighting the need for future research to incorporate broader determinants, including governance and regulatory aspects.
Abstract:This study aims to analyze the role of corruption in moderating the influence of Village Funds, Local Own-Source Revenue (PAD), and technology represented by the Electronic-Based Government System (SPBE) index on the number…
ber of independent villages in Indonesia from 2023 to 2024. The research was conducted in 34 provinces in Indonesia, except for the provinces of DKI Jakarta, Central Papua, South Papua, and Papua Pegunungan. The study used a panel data regression model with a Fixed Effect Model approach. The results of the study show that: First, Village Funds have a positive and significant effect on increasing the number of independent villages; Second, PAD does not have a significant effect on the number of independent villages, indicating that fiscal independence of villages in Indonesia is still relatively low. Most villages still depend on transfers from the central government; Third, technology, represented by the SPBE index, has a positive and significant effect on the number of independent villages; Fourth, the moderating effect of corruption shows diverse dynamics. Corruption negatively moderates the relationship between Village Funds and independent villages, but conversely positively moderates the relationship between PAD and independent villages. Fifth, the interaction between SPBE and corruption is not proven to be significant, suggesting that the success of digitization in promoting village independence is determined more by the readiness of the technological ecosystem than solely by low levels of corruption.
Abstract:This study aims to examine the influence of profitability and firm value on stock prices in health sector companies listed on the Indonesia Stock Exchange during the 2020–2024 period. A quantitative approach with a documentation…
umentation method was employed in this research. The population consisted of all health sector companies within the specified period, while the sample was selected using a purposive sampling technique based on predetermined criteria, resulting in a total of 15 companies. Data were analyzed using panel data regression through the Economic Views (EViews) 12 software. The findings of this study indicate that, profitability (ROA) has a positive and significant effect on stock prices of health sector companies for the 2020–2024 period. Similarly, firm value (Tobin’s Q) also shows a positive and significant influence on stock prices within the same period
Abstract:The healthcare industry has historically been viewed as a non-cyclical, defensive, safe haven for investors. However, the post-pandemic period has revealed the industry's susceptibility to disruptions in global supply chains…
ains and geopolitical tensions. The present research examines the effects of Geopolitical risk (GPR) on the stock performance of 76 publicly listed healthcare companies in Southeast Asia (Indonesia, Malaysia, the Philippines, Thailand, Vietnam, and Singapore) during 2015-2024. According to the Caldara and Iacoviello GPR Index, this study utilizes Panel Autoregressive Distributed Lag (ARDL) the results show that though general Geopolitical Risk and Inflation are strongly negatively impacting the stock performance, specific Geopolitical Acts (GPRA) and Threats (GPRT) are having a positive response indicating a necessity premium in which investors expect a boom in demand of medical supplies once a conflict is realized. It concludes that the healthcare industry is not a safe haven but a highly fragmented environment in which inflation poses a greater threat to companies than political instability. The study advises that investors should consider a bottom-up approach, specifically micro-resilience screening, and that corporate managers should focus on supply chain decoupling and inflation hedging to address the Resilience Gap identified in the region.
Abstract:Banks are defined as financial intermediaries that borrow money from surplus spending units and lend to deficit spending units. During this process, they carry out four basic services: liquidity intermediation,…
diation, denomination intermediation, risk intermediation, and maturity intermediation. The nature of this intermediation makes banks face many risks, including liquidity risk, operational risk, credit risk, interest rate risk and foreign exchange risk. In this study we attempt to identified the determinants of bank risk in Tunisian context . We measured bank risk with (RWTA. NPL and Zscore). We used a sample of 11 banks quoted in financial market of Tunis for the period ( 2014-2023). By estimation of 3 models with the technique of panel data ,we found that liquidity ; total credit ; return on equity ; size ; capital ; economic growth and inflation have a significant effect on bank risk
Abstract:This study examines the impact of Microfinance Institutions' (MFIs) performance on economic growth in Cambodia, using annual panel data from 62 MFIs for the period 2017–2023. Employing advanced econometric techniques, the…
the findings reveal nuanced relationships between key indicators of MFI performance and GDP growth. Notably, Non-Performing Loans (NPLs) show an unexpected positive relationship with GDP growth, highlighting the Cambodian microfinance sector's resilience in mitigating adverse effects through sustained economic activity. Inflation is also positively associated with GDP growth, suggesting that moderate inflation can drive economic expansion, though careful management is necessary to avoid destabilization. Conversely, the study finds a negative relationship between the number of MFIs and GDP growth, indicating potential inefficiencies from sector oversaturation. Lastly, a positive link between Return on Equity (ROE) and GDP growth underscores the importance of profitability in ensuring financial stability and economic development. The findings emphasize the need for policy measures to manage sector growth, maintain moderate inflation, and enhance MFI profitability for sustainable economic progress in Cambodia.
Keywords: Microfinance Institutions (MFIs); Cambodia; Economic Growth.
Abstract:Penelitian ini bertujuan untuk meningkatkan motivasi belajar siswa pada mata pelajaran Ilmu Pengetahuan Alam dan Sosial (IPAS) melalui penerapan model Project Based Learning (PjBL) yang dibantu media Interaktif Flat Panel…
l (IFP) pada siswa kelas V UPT SD Negeri 03 Pekonina. Penelitian ini merupakan Penelitian Tindakan Kelas (PTK) yang dilaksanakan dalam dua siklus; setiap siklus terdiri dari perencanaan, tindakan, observasi, dan refleksi. Subjek penelitian adalah siswa kelas V (n = 24). Instrumen pengumpulan data meliputi angket motivasi pra-dan pasca tindakan, lembar observasi keaktifan, catatan lapangan, dan wawancara guru. Analisis data dilakukan secara kuantitatif deskriptif untuk angket dan kualitatif untuk observasi/wawancara. Hasil penelitian menunjukkan adanya peningkatan motivasi belajar yang bermakna setelah penerapan PjBL berbantuan IFP—ditandai oleh peningkatan persentase siswa yang menunjukkan motivasi tinggi, peningkatan partisipasi aktif, dan kualitas produk proyek IPAS. Temuan ini sejalan dengan penelitian-penelitian terkini tentang efektivitas PjBL dan peran IFP dalam meningkatkan keterlibatan dan motivasi siswa.
Abstract:Penelitian ini bertujuan untuk meningkatkan motivasi belajar siswa dalam mata pelajaran Ilmu Pengetahuan Alam dan Sosial (IPAS) melalui penggunaan media interaktif Flat Panel di kelas V SD Negeri 03 Pekonina. Rendahnya motivasi…
otivasi siswa dalam mengikuti pembelajaran IPAS menjadi latar belakang dilaksanakannya penelitian tindakan kelas ini. Penelitian dilaksanakan dalam dua siklus menggunakan model Kemmis dan McTaggart, yang meliputi tahapan perencanaan, pelaksanaan tindakan, observasi, dan refleksi. Subjek penelitian adalah 15 siswa kelas V. Instrumen penelitian meliputi lembar observasi motivasi belajar, angket, wawancara, dan dokumentasi
Abstract:Penelitian ini bertujuan untuk meningkatkan hasil belajar Ilmu Pengetahuan Alam dan Sosial (IPAS) pada siswa kelas V SD Negeri 01 Surian Kabupaten Solok melalui penerapan media Interactive Flat Panel (IFP) menggunakan metode…
metode Penelitian Tindakan Kelas (PTK). Penelitian dilaksanakan dalam dua siklus dengan masing-masing siklus terdiri dari perencanaan, tindakan, observasi, dan refleksi. Teknik pengumpulan data meliputi tes (pretest–posttest), observasi, wawancara, dan dokumentasi. Hasil (contoh) menunjukkan rata-rata skor pretest 58,2 meningkat menjadi 76,5 pada akhir siklus II; persentase ketuntasan (KKM = 75) meningkat dari 28% (pretest) menjadi 84% (akhir siklus II). Temuan menunjukkan bahwa penggunaan IFP meningkatkan motivasi, keterlibatan, dan pemahaman konseptual siswa. Implikasi penelitian ini mengarah pada rekomendasi penggunaan IFP secara terintegrasi dengan pendekatan konstruktivis dan model pembelajaran yang mendukung interaksi siswa.
Abstract:Penelitian ini bertujuan untuk mengetahui pengaruh penerapan media pembelajaran Interactive Flat Panel (IFP) terhadap motivasi belajar siswa pada mata pelajaran Seni Rupa di kelas IV SD Negeri 02 Pekan Selasa, Kabupaten…
Solok Selatan. Penelitian dilaksanakan menggunakan metode Penelitian Tindakan Kelas (PTK) sebanyak dua siklus, setiap siklus terdiri dari satu pertemuan. Subjek penelitian adalah siswa kelas IV SDN 02 Pekan Selasa (n = [isi jumlah]). Teknik pengumpulan data meliputi observasi, angket motivasi, wawancara singkat dengan guru dan dokumentasi hasil karya siswa. Analisis data menggunakan analisis deskriptif kualitatif dan kuantitatif pre–post siklus. Hasil penelitian menunjukkan adanya peningkatan motivasi belajar setelah penerapan IFP: skor rata-rata motivasi meningkat dari __ (pra-siklus) menjadi __ (siklus I) dan __ (siklus II). Selain itu, keterlibatan aktif siswa dan kualitas hasil karya seni rupa mengalami peningkatan sesuai indikator yang ditetapkan. Temuan ini mengindikasikan bahwa IFP berpotensi meningkatkan motivasi dan keterlibatan siswa dalam pembelajaran seni rupa.