Ilmu Ekonomi Manajemen dan Akuntansi
type: channel
description: slot gacor https://stlhops.com wd89 login calon4d raja89 gaya4d dollar4d slot gacor Situs Deposit Dana 5000 Situs Deposit Dana 5000 Situs Deposit Qris 5000 Situs Deposit Qris 5000 Slot Mahjong slot RACIK198 slot4d mpo500 tiket777 toto togel nanastoto judi bola slot gacor Slotup88 kilau4d Slot Deposit Qris 5000 kembang777 slot gacor toto90 pusat4d MABAR88 puasbet Slot Gacor goltogel jonitogel Racik198 slot toto700 situs slot slot777 slot gacor slot gacor terbaru Surya88 slot slot judi slot online slot thailand maxwin yoktogel racik198 Modal777 slot gacor bengkulutoto SBCTOTO slot gacor IDRHOKI SLOT slot gacor pusat4d fixbet88 fixbet88 wajan4d link alternatif link mutasitoto mahjong ways slot gacor 777 SELAT4D https://loretochurch.com/Famous.html Pembiayaan BPKB link gacor sajak4d insan4d qqalfa pragmatic play Slot MAHJONGJP88 WIFI138 slot gacor https://yensaochinhhang.com/blog/ https://artha.vc/media-events/ pgking pgtoto wsdbola88 slot online wisma138 situs gacor gaya4d Slot Situs Bola slot gacor 777 Slot gacor WIFI138 https://astroimages.org/ slot gacor wifi138 gaya4d/ situs judi bola situs slot gacor Jurnal Ilmu Ekonomi Manajemen dan Akuntansi (ILEKA) (e-ISSN 2721-0472 and p-ISSN 2716-3911) is a peer-reviewed journal which is published by Universitas MH Thamrin Jakasrta. Since 2020, this journal publish biannually in March and September covering of original research on Ecaonomic Masnagement and Accaountingg studies using an interdisciplinary perspective. testlink https://www.cosyoffices.com/contact/ Submitted papers must be written in English or Bahasa Indonesia for an initial review stage by editors and further review process by a minimum of anymous reviewers. Reviewers will review any submitted paper. Review process employs a double-blind review, which means that both the reviewer and author identities are concealed from the reviewers, and vice versa. Journal Title Initials Frequency DOI ISSN (Print) ISSN (Online) Editor-in-Chief Publisher : Ilmu Ekonomi Manajem…
publisher: Universitas Mohammad Husni Thamrin
language: en-US
publication name: Ilmu Ekonomi Manajemen dan Akuntansi
issn: 2716-3911
copyright: Jurnal Ilmu Ekonomi Manajemen dan Akuntansi (ILEKA) Universitas Mohammad Husni Thamrin allows readers to read, download, copy, distribute, print, search, or link to the full texts of its articles and allow readers to use them for any other lawful purpose. The journal allows the author(s) to hold the copyright without restrictions. Finally, the journal allows the author(s) to retain publishing rights without restrictions Authors are allowed to archive their submitted article in an open access repository Authors are allowed to archive the final published article in an open access repository with an acknowledgment of its initial publication in this journal. Jurnal Ilmu Ekonomi Manajemen Akuntansi (ILEKA) Mohammad Husni Thamrin is licensed under a Creative Commons Attribution 4.0 International License.
items: The Existence of Undergraduate Students in the Capital Market: Investment Interest in Stock
items: Analysis of the Influence of Digital Marketing Strategies on Customer Loyalty in the Post-Pandemic Era 2022-2024
items: Beyond Price and Quality: The Dominance of Brand Image in Thrifting Consumer Behavior
items: The Influence of Transformational Leadership and Organizational Culture on Employee Performance at Mohammad Husni Thamrin University
items: The Effect of Compensation and Flexible Work on Performance, Through Work-Life Balance and Motivation on Members of the Sub-district Election Committee (PPK)
items: The Influence of Product Quality and E-Money Payment Systems on Customer Satisfaction in Food & Beverage MSMEs at Blackballs Coffee Shop
items: Optimizing Business Communication Strategy to Increase Consumer Interest in Purchasing in the Digital Era
items: The Effect of Current Ratio, Price to Book Value, and Debt to Equity Ratio on Return on Assets (in Food and Beverage Companies Listed on the Indonesia Stock Exchange in 2021-2023)
items: Analysis of Online Customer Reviews and Perceived Price in Creating Purchase Intention
items: The Influence of Leadership, Motivation and Work Discipline on the Performance of Employees in the Directorate of Vocational High Schools, Ministry of Education and Culture Office
items: Investment Decision Analysis Using the Stochastic Oscillator and Moving Average Convergence Divergence (MACD) Indicators at Indofood Company
items: The Influence of Organizational Culture, Work Discipline, and Work Experience on Employee Performance at PT Sinarmulia Sukses Makmur
items: Convergence of IFRS with Local Accounting Standards: A Literature Review
items: Management Control Systems in the Digital Age: Concepts, Implementation, and Implications
items: The Influence of Compensation, Motivation and Workload on Employee Performance at the Research and Development Planning Agency of Berau Regency with Job Satisfaction as an Intervening Variable
items: The Influence of ROA, DER, and TATO on the Stock Prices of Investment Services Trading Companies on the IDX
items: Analysis of Stock Investment Decisions in the Coal Mining Industry Sector in the LQ45 Index Using the Price Earning Ratio (PER) Method for the 2021-2023 Period
items: The Influence of Capital Structure and Sales Growth on Profitability at PT Mayora Indah Tbk From 2017 to 2024
items: The Influence of the Level of Understanding and Socialization of Taxation on Student Compliance as Prospective Personal Taxpayers
items: Analysis of PPh 25 Payments and Its Implications for PPh 29: A Case Study of the ABC Foundation
items: The Effect of Changes in Long-Term Liabilities on the Share Price of PT Kalbe Farma Tbk
items: The Impact of Changes in Long-Term Liabilities on the Stock Price of PT Aneka Tambang Tbk
items: The Influence of Leadership Style on the Performance of Civil Servants in the Karawang Regency General Election Commission Environment
items: The Use of Digital Forensic Accounting Techniques in Occupational Fraud Detection and Prevention: A Literatur Review
items: The Effect of Capital Structure on Business Risk as Measured Through the EBIT Variation Coefficient in Leading Food Companies on the IDX in the Post-Covid-19 Period of 2021–2023

The Existence of Undergraduate Students in the Capital Market: Investment Interest in Stock
type: item
description: This study was conducted to examine the existence of undergraduate students in Bandar Lampung in terms of their interest in stock investment in the capital market, viewed from the perspective of investment knowledge and the use of online investment applications through the distribution of questionnaires. In today's digital world, technological developments have made it easier for the younger generation to access investments in a more practical and flexible manner. This application provides advanced features such as real-time monitoring, ease of transaction, and analytical tools that were previously only enjoyed by institutional investors. Using a quantitative approach through primary data and an ordinal Likert scale survey, the research results indicate that students' understanding of investment plays a significant role in increasing their interest in the stock market. Additionally, online investment applications contribute positively by providing user-friendly and educational platforms. The collaboration between knowledge and technology aspects has proven to strengthen undergraduate students' involvement in stock investment activities. Therefore, this study encourages the improvement of financial literacy and the integration of technology in investment education. Educational institutions are encouraged to enrich their curricula with investment-related materials and conduct practical training. Furthermore, collaborating with online investment app providers through seminars or training sessions is also seen as an effective strategy to encourage undergraduate students' interest in investing.
creator: Jufri Yandes
creator: Dini Mustika Buana Putri
creator: Muhammad Fathurrahman
rights: Copyright (c) 2025 Jufri Yandes, Dini Mustika Buana Putri , Muhammad Fathurrahman https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-01
publication date: 2025-09-01
volume: 6
number: 2
starting page: 1
ending page: 18
doi: 10.37012/ileka.v6i2.2746

Analysis of the Influence of Digital Marketing Strategies on Customer Loyalty in the Post-Pandemic Era 2022-2024
type: item
description: Covid-19 created a distinct pattern in Indonesian product marketing, namely shopping through online stores. This pattern then changed consumer habits in selecting, having interest in, and purchasing goods, as well as for business actors in promoting their products. The purposed of this study was to identify and analyze the extent to which digital marketing strategies affect customer loyalty in the post-pandemic Covid-19 era during the period of 2022 to 2024. The method used in this research was associative quantitative with a multiple linear regression approach and one-way analysis of variance (ANOVA). This approach aimed to determine both the simultaneous and partial effects of each variable, with a sample of 200 respondents. The resulted of this study, based on multiple linear regression and ANOVA analysis, showed that the three independent variables simultaneously had a significant effect on customer loyalty, with an R Square value of 0.464, meaning that 46.4% of the variation in customer loyalty can be explained by this model. The ANOVA test produced a significance value of 0.000, confirming that the overall regression model is significant. Partially, the three independent variables—personalization, social media engagement, and customer experience—were found to have a positive and significant effect on the dependent variable, customer loyalty. The conclusion drawn from this study is that digital marketing strategies based on personalization, social media interaction, and digital experience are proven to have a significant effect on customer loyalty.
creator: Mona Karina
creator: Murniwati
creator: Febrianto
rights: Copyright (c) 2025 Mona Karina, Murniwati, Febrianto https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-01
publication date: 2025-09-01
volume: 6
number: 2
starting page: 19
ending page: 30
doi: 10.37012/ileka.v6i2.2853

Beyond Price and Quality: The Dominance of Brand Image in Thrifting Consumer Behavior
type: item
description: In the last decade, the phenomenon of thrifting or the consumption of secondhand fashion has experienced a significant increase in various major cities in Indonesia, especially among the younger generation of urbanites. This culture is no longer just an alternative economic activity, but has become a style. This study aims to analyze the influence of price perception, quality perception, and brand image on purchasing decisions for imported thrifting products in Surabaya. Based on the phenomenon of high consumer interest in purchasing thrifting products to date and the still inconsistent findings related to the influence of Brand Image. The research method used is a mixed methods sequential explanatory, starting with a quantitative approach through a survey of 57 respondents aged 17–65 years who have purchased thrifting products, followed by a qualitative approach in the form of in-depth interviews with five selected informants. Quantitative data were analyzed using multiple linear regression, while qualitative data were analyzed with content analysis. The results showed that only the brand image variable had a positive and significant effect on purchasing decisions (β = 0.748; p < 0.05), while price perception and quality perception did not have a significant effect. Qualitative findings reveal that brand image influences purchasing decisions because it satisfies psychological needs, builds perceptions of exclusivity, and reinforces positive consumer image. The implications of this research emphasize the importance of brand image-based marketing strategies in the import thrifting industry.
creator: Erna Ferrinadewi
creator: Jerry Nathanael
rights: Copyright (c) 2025 Erna Ferrinadewi, Jerry Nathanael https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-01
publication date: 2025-09-01
volume: 6
number: 2
starting page: 31
ending page: 46
doi: 10.37012/ileka.v6i2.2851

The Influence of Transformational Leadership and Organizational Culture on Employee Performance at Mohammad Husni Thamrin University
type: item
description: In the competitive era of globalization, organizations are required to continuously adapt and innovate, where the quality of human resources is a key factor for success. This study aims to analyze the influence of transformational leadership and organizational culture on employee performance at Mohammad Husni Thamrin University. The research method used is quantitative with a correlational approach. The study population was 182 permanent employees, with a sample of 33 respondents determined using the Slovin formula with a 16% error rate. Data collection techniques were carried out through distributing questionnaires with Google From, while data analysis used validity tests, reliability tests, classical assumption tests, multiple linear regression, as well as t-tests and F-tests. The results of the study indicate that transformational leadership does not have a positive and significant effect on employee performance partially. Organizational culture is also proven to have a positive and significant effect on employee performance partially. While simultaneously, both independent variables contribute significantly to improving employee performance. These findings emphasize the importance of implementing a transformational leadership style and strengthening a positive organizational culture in improving human resource performance in higher education environments. This research is expected to provide practical contributions to the management of Mohammad Husni Thamrin University in designing strategies to improve employee performance, as well as become a theoretical reference in human resource management studies, particularly regarding the role of leadership and organizational culture.
creator: Citra
creator: Murniwati
creator: Rinto Rivanto
creator: Lintang Juniar Putri
creator: Fauzia Rahma
creator: Putri Agil Camalia
rights: Copyright (c) 2025 Citra, Murniwati, Rinto Rivanto, Lintang Juniar Putri, Fauzia Rahma, Putri Agil Camalia https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-01
publication date: 2025-09-01
volume: 6
number: 2
starting page: 47
ending page: 59
doi: 10.37012/ileka.v6i2.2879

The Effect of Compensation and Flexible Work on Performance, Through Work-Life Balance and Motivation on Members of the Sub-district Election Committee (PPK)
type: item
description: This study aims to analyze the effect of compensation and flexible work on the performance of members of the District Election Committee (PPK) in the Regional Head Election of Berau Regency, by considering the mediating role of work-life balance and motivation. The background of this study departs from the issue of human resource management in ad hoc institutions that have the potential to face policy inconsistencies, limited work standards, and the challenge of high workloads in a short time. This study uses a quantitative approach with an explanatory-associative design, involving all PPK members throughout Berau Regency as respondents (N = 104) through a total sampling technique. Data were collected using a Likert-scale questionnaire and analyzed with the help of SPSS.23 and covariance-based SEM modeling using AMOS.23. The results showed that compensation had a positive and significant effect on work-life balance, while flexible work had a positive and significant effect on motivation. However, neither compensation nor flexible work, as well as the two mediators (work-life balance and motivation), were proven to have a significant effect on performance. Thus, improving performance is not enough just by improving the compensation system or work flexibility, but requires a more comprehensive approach, including strengthening recruitment standards, technical training, leadership, and psychosocial support. These findings enrich the literature related to HR management in ad hoc task-based public organizations, while providing practical implications for the Berau Regency KPU to optimize strategic factors that can drive PPK performance more effectively.
creator: Ade Ananda
rights: Copyright (c) 2025 Ade Ananda https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-09
publication date: 2025-09-09
volume: 6
number: 2
starting page: 60
ending page: 70
doi: 10.37012/ileka.v6i2.2940

The Influence of Product Quality and E-Money Payment Systems on Customer Satisfaction in Food & Beverage MSMEs at Blackballs Coffee Shop
type: item
description: This study examines the influence of product quality and e-money payment systems on customer satisfaction at Coffee Shop Blackballs. The problem arose due to declining sales between July and December 2024, which encouraged an investigation into factors affecting customer satisfaction. The research applied an associative design using both primary and secondary data. Primary data were collected through questionnaires distributed to loyal customers, while secondary data were obtained from documentation. Analytical methods included validity and reliability tests, classical assumption tests, correlation analysis, coefficient of determination, multiple linear regression, and hypothesis testing using t-tests for partial effects and F-tests for simultaneous effects at a 5% significance level (α = 0.05). The regression equation obtained was: Y = 5.006 + 0.269X₁ + 0.646X₂, with X₁ = Product Quality, X₂ = E-money Payment System, and Y = Customer Satisfaction. The coefficient of determination indicated that product quality influenced satisfaction by 72.6%, while the e-money payment system contributed 79.8%. When tested simultaneously, both variables accounted for 81.1% of customer satisfaction. The t-test results confirmed that product quality (t = 14.903) and e-money payment systems (t = 18.218) significantly affect customer satisfaction. The F-test value of 177.918 > 3.96 also demonstrated a significant simultaneous effect. In conclusion, product quality and e-money payment systems positively and significantly affect customer satisfaction, both individually and jointly. These results suggest that improving product quality and optimizing digital payment systems are effective strategies to increase customer satisfaction and enhance sales performance at Coffee Shop Blackballs.
creator: Willy Ramdhani
creator: Ahmad Rasyiddin
creator: Dadah Muliansyah
rights: Copyright (c) 2025 Willy Ramdhani, Ahmad Rasyiddin, Dadah Muliansyah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-09
publication date: 2025-09-09
volume: 6
number: 2
starting page: 71
ending page: 89
doi: 10.37012/ileka.v6i2.2910

Optimizing Business Communication Strategy to Increase Consumer Interest in Purchasing in the Digital Era
type: item
description: Digital transformation has become a catalyst for major changes in the global business landscape. The development of information technology has driven a major transformation in business communication practices, particularly in efforts to influence consumer behavior in the digital era. This era is marked by fundamental changes in consumer behavior, who are now more active, critical, and constantly connected with brands through various digital platforms such as social media, e-commerce, discussion forums, and mobile applications. Communication strategies that were previously one-way must now evolve to be interactive, personalized, and data-driven. This study aims to analyze how optimizing business communication strategies can increase consumer interest in purchasing decisions, especially in the context of a dynamic and competitive digital environment. Using a descriptive qualitative approach, this study examines various elements of digital communication such as content marketing, social media, message personalization, and the use of technologies such as artificial intelligence and consumer analytics. The results of the study indicate that integrated, relevant, and responsive business communication significantly influences consumer perceptions, trust, and purchase intentions. These findings emphasize the importance of strategic communication management that not only conveys information but also builds emotional engagement and meaningful digital experiences. Thus, this study recommends that companies adopt a technology- and data-based communication approach to create more effective, adaptive, and consumer experience-oriented interactions as an effort to increase competitiveness in the digital marketplace.
creator: Ahmad Rojikun
creator: Ahmad Darda
rights: Copyright (c) 2025 Ahmad Rojikun, Ahmad Darda https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-16
publication date: 2025-09-16
volume: 6
number: 2
starting page: 90
ending page: 101
doi: 10.37012/ileka.v6i2.2966

The Effect of Current Ratio, Price to Book Value, and Debt to Equity Ratio on Return on Assets (in Food and Beverage Companies Listed on the Indonesia Stock Exchange in 2021-2023)
type: item
description: The food and beverage industry is a strategic sector that makes a significant contribution to the national economy. This growth is inseparable from the increasing population, increasingly widespread urbanization, and changes in people's lifestyles, which tend to prefer ready-to-eat food and practical drinks. Furthermore, the development of digital technology, particularly e-commerce and food delivery services, has opened up significant opportunities for companies to reach a wider market without geographical limitations. This study aims to determine the effect of the Current Ratio, Price to Book Value, and Debt to Equity Ratio on Return on Assets (in Food and Beverage Companies Listed on the Indonesia Stock Exchange in 2021-2023). The method used is quantitative descriptive analysis. The data used is secondary data in the form of annual financial reports obtained from the official website of the Indonesia Stock Exchange. The analytical technique used is multiple linear regression analysis to test the effect of each independent variable on the dependent variable. The results of the study show that partially, Current Ratio does not have a significant effect on ROA, Price to Book Value does not have a significant effect on ROA, Debt to Equity Ratio has a negative and significant effect on ROA. These findings provide implications for investors and management of Food and Beverage companies in considering the company's financial structure and operational efficiency in increasing profitability.
creator: Annisa Dera
creator: Sutrisno
creator: Reni Febrianti
rights: Copyright (c) 2025 Annisa Dera, Sutrisno, Reni Febrianti https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-16
publication date: 2025-09-16
volume: 6
number: 2
starting page: 102
ending page: 123
doi: 10.37012/ileka.v6i2.2969

Analysis of Online Customer Reviews and Perceived Price in Creating Purchase Intention
type: item
description: E-commerce is a website that promotes services or products online. E-commerce in Indonesia, which utilizes internet access, includes sites that offer online stores, a rapidly growing online sales mix. Sophee is one of the most popular online shops in Indonesia for purchasing various fashion products and accessories. This study aims to analyze Online Customer Review and Perceived Price in creating Purchase Intention on Elisaberth Products (Case Study on Consumers of Local Fashion Brand Elisaberth in Bandung)”. The sample in this study amounted to 120 respondents. This study uses validity test, reliability test. The analysis in this study uses multiple regression analysis, multiple correlation analysis, coefficient of determination and hypothesis test. The results of the t test show that the Online Customer Review variable (X1) has no significant effect on Purchase Intention (Y) with a calculated t value < t table (-0.813 < 1.98045) and a sig value > a value (0.418 > 0.05) and Price Perception (X2) has a significant effect on Purchase Intention (Y) with a calculated t value > t table (8.713 > 1.98045) and a sig value < a value (0.000 < 0.05). The correlation value is 0.662 which means it shows a relationship the strong one. The coefficient of determination given by Online Customer Review (X1) and Perceived Price (X2) on Purchase Interest (Y) is 43.8% and the remaining 56.2% is influenced by other factors that were not analyzed.
creator: Heny Herawati
creator: Dian Gustina
creator: Agus Santhuso
creator: Reni Febrianti
rights: Copyright (c) 2025 Heny Herawati, Dian Gustina, Agus Santhuso, Reni Febrianti https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-18
publication date: 2025-09-18
volume: 6
number: 2
starting page: 124
ending page: 132
doi: 10.37012/ileka.v6i2.2976

The Influence of Leadership, Motivation and Work Discipline on the Performance of Employees in the Directorate of Vocational High Schools, Ministry of Education and Culture Office
type: item
description: This study aims to determine the effect of leadership, motivation, and work discipline on employee performance at the Directorate of Vocational High Schools using the SPSS test. The data analysis method in this study uses a quantitative approach with quantitative data processing techniques using multiple regression analysis. The data collection technique used is a questionnaire. The results of this study indicate that if the t test can be seen that the results of the calculated t value are 2.402> 2.0129 or a Sig value of 0.020 <0.05, meaning that the leadership variable greatly influences the performance of employees of the Directorate of Vocational High Schools. Seen from the t test can be seen that the results of the calculated t value are 2.177> 2.0129 or a Sig value of 0.035 <0.05, meaning that the motivation variable greatly influences the performance of employees of the Directorate of Vocational High Schools. Judging from the t-test, it can be seen that the calculated t-value is 2.408 > 2.0129 or a Sig value of 0.020 < 0.05, meaning that the motivation variable has a significant effect on the performance of employees of the Directorate of Vocational High Schools. Meanwhile, seen from the F-test, it can be seen that the significance value of Leadership X1, Motivation X2, and Discipline X3 on employee performance Y is 0.000 < 0.05 and F count 66.820 > 2.80, cannot be denied because H0 is rejected, so it can be concluded that Leadership, Motivation and Discipline have an effect on employee performance.
creator: Gatot Hery Djatmika
creator: Putu Tirta Sari Ningsih
creator: Budi Harsono
creator: Miratunisa
rights: Copyright (c) 2025 Gatot Hery Djatmika, Putu Tirta Sari Ningsih, Budi Harsono, Miratunisa https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-20
publication date: 2025-09-20
volume: 6
number: 2
starting page: 133
ending page: 150
doi: 10.37012/ileka.v6i2.2979

Investment Decision Analysis Using the Stochastic Oscillator and Moving Average Convergence Divergence (MACD) Indicators at Indofood Company
type: item
description: This research aims to analyze the stock investment decisions of PT. Indofood Sukses Makmur Tbk (INDF) uses Moving Average Convergence Divergence and stochastic oscillator indicators. The research methodology used is a qualitative method with the type of panel data (time series) obtained from the Indonesia Stock Exchange. The sampling technique uses purposive sampling method with daily data and research periods from 2020. The data analysis technique used is technical analysis using the Moving Average Convergence Dicergence Indicator and Stochastic Oscillator to determine buy & sell signals with the help of the Chart Tradingview program to find out the level of accuracy of both technical indicators on the stock to be invested. The results of this study show that the price movement of PT. Indofood Sukses Makmur Tbk (INDF) using the Moving Average Convergence Divergence (MACD) indicator and Stochastic Oscillator indicator 2020. The results of the study contained a total of 4 (four) Buy signals and 4 (four) Sell signals. With an accuracy rate of 100% during the 2020 period. Meanwhile, the level of risk and return generated using the Moving Average Convergence Divergence and Stochastic Oscillator indicators during the 2020 period on INDF shares obtained a risk of Rp 0 or 0% with a return of Rp 3,550 or 64.79 %.
creator: Putu Tirta Sari Ningsih
creator: Muhammad Gusvarizon
creator: Febi Febriansyah
rights: Copyright (c) 2025 Putu Tirta Sari Ningsih, Muhammad Gusvarizon, Febi Febriansyah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-20
publication date: 2025-09-20
volume: 6
number: 2
starting page: 151
ending page: 165
doi: 10.37012/ileka.v6i2.2980

The Influence of Organizational Culture, Work Discipline, and Work Experience on Employee Performance at PT Sinarmulia Sukses Makmur
type: item
description: Human resource management plays an active role in improving employee performance through a number of influencing variables including organizational culture, work discipline, work experience and employee performance. This research is a quantitative research with a descriptive design. The research was conducted by seeking primary data, through questionnaires filled out by respondents of PT. Sinarmulia Sukses Makmur employees, which were conducted by sampling through a random sampling method. The data were processed by statistical analysis with multiple linear regression tests, coefficient of determination (adjusted Rsquare), partial hypothesis testing (t-test) and simultaneous ANOVA testing (F-table). The objectives of this study are: 1) To determine the effect of organizational culture on employee performance. 2) To determine the effect of work discipline on employee performance. 3) To determine the effect of work experience on employee performance. 4) To determine the effect of organizational culture, work discipline and work experience together on employee performance of PT. Sinarmulia Sukses Makmur. The results of this study are as follows: 1) Organizational culture has a significant effect on employee performance. 2) Work discipline has a significant effect on employee performance. 3) Work experience has a significant effect on employee performance. 4) Organizational culture, work discipline and work experience together have a significant influence on the performance of PT. Sinarmulia Sukses Makmur employees. The conclusion of this study is that there is a significant influence between organizational culture, work discipline, work experience and employee performance at PT. Sinarmulia Sukses Makmur.
creator: Muhammad Gusvarizon
creator: Putu Tirta Sari Ningsih
creator: Siti Fadliah
rights: Copyright (c) 2025 Muhammad Gusvarizon, Putu Tirta Sari Ningsih, Siti Fadliah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-09-23
publication date: 2025-09-23
volume: 6
number: 2
starting page: 166
ending page: 180
doi: 10.37012/ileka.v6i2.2993

Convergence of IFRS with Local Accounting Standards: A Literature Review
type: item
description: Accounting is often described as the “global language of business,” as it presents financial data that is easily understood, compared, and used continuously by various parties across countries. The convergence of Indonesian Reporting Standards (IFRS) with Indonesian Financial Accounting Standards (SAK) in Indonesia is a strategic step in improving the quality of financial reporting and strengthening national economic competitiveness. However, convergence is not without challenges. IFRS implementation demands professional preparedness from accountants, auditors, and regulators because principles-based standards require careful interpretation. Furthermore, differences in Indonesia's legal and economic context necessitate certain adjustments in PSAK. This study uses a library research approach by reviewing five scientific articles published between 2020 and 2025 that are relevant to the topic of IFRS-SAK convergence. The results of the literature review indicate that IFRS convergence contributes to increased transparency, comparability, and value relevance of financial reports, primarily through the application of fair value accounting. Furthermore, convergence has been shown to suppress earnings management practices in certain sectors, particularly banking, and improve the credibility of financial reports in the eyes of global investors. However, the effectiveness of convergence is not solely determined by standards, but is also influenced by institutional factors such as corporate governance, audit quality, and regulatory consistency. This study contributes academically to enriching the discourse on the harmonization of accounting standards, and practically provides recommendations for regulators, auditors, and reporting entities in strengthening the implementation of IFRS in Indonesia.
creator: Yuliana Dewi Siregar
creator: Rodiah Aprilia
creator: Dilla Ayu Kartika
creator: Jufri Darma
rights: Copyright (c) 2025 Yuliana Dewi Siregar, Rodiah Aprilia, Dilla Ayu Kartika, Jufri Darma https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-10-07
publication date: 2025-10-07
volume: 6
number: 2
starting page: 181
ending page: 190
doi: 10.37012/ileka.v6i2.3042

Management Control Systems in the Digital Age: Concepts, Implementation, and Implications
type: item
description: Management Control Systems (MSS) play a central role in ensuring organizational goals are achieved and are undergoing significant changes driven by digital technology. The use of big data analytics, artificial intelligence, and enterprise resource planning makes control processes faster, more accurate, and more real-time. This study aims to explain the concept of MSS in the digital era, examine its application in Indonesian organizations, and discuss the managerial and governance implications and emerging challenges. Since its introduction, MSS has served as a critical tool for managers to direct, monitor, and evaluate operational activities and corporate strategy. The research was conducted through a literature review combining narrative and systematic reviews based on the PRISMA framework, using accredited literature sources from 2020 to 2025. The study results indicate that digital MSS is no longer merely an administrative tool but has become a strategic instrument that helps organizations respond more adaptively to business complexity. However, cybersecurity risks, complex system integration, and internal cultural resistance remain key obstacles. Successful implementation is largely determined by the harmony between technology, human resource competency, a supportive organizational culture, and clear regulations. The contribution of this study lies in mapping the latest literature and providing practical recommendations for designing SPM that is adaptive, accountable, and in line with the dynamics of business digitalization.
creator: Rodiah Aprilia
creator: Dilla Ayu Kartika
creator: Yuliana Dewi Siregar
creator: Jufri Darma
rights: Copyright (c) 2025 Rodiah Aprilia, Dilla Ayu Kartika, Yuliana Dewi Siregar, Jufri Darma https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-10-07
publication date: 2025-10-07
volume: 6
number: 2
starting page: 191
ending page: 201
doi: 10.37012/ileka.v6i2.3043

The Influence of Compensation, Motivation and Workload on Employee Performance at the Research and Development Planning Agency of Berau Regency with Job Satisfaction as an Intervening Variable
type: item
description: This study aims to analyze the influence of compensation, work motivation, and workload on employee performance at the Badan Perencanaan Penelitian dan Pengembangan (Bapelitbang) Berau Regency, with job satisfaction as an intervening variable. A quantitative approach with a causal design was employed, involving 56 employees selected through a census technique. Data were collected via questionnaires and analyzed using path analysis and single factor analysis with AMOS software. The results indicate that compensation (estimate 0.347, p<0.001) and work motivation (estimate 0.367, p<0.001) positively and significantly affect job satisfaction, while workload (estimate -0.318, p=0.003) has a negative and significant effect. Compensation (estimate 0.245, p=0.007) and job satisfaction (estimate 0.489, p=0.002) positively and significantly influence employee performance, but work motivation (p=0.122) and workload (p=0.341) do not have a direct significant effect. Job satisfaction mediates the relationship between compensation, work motivation, and workload on employee performance, with R² values of 0.795 for job satisfaction and 0.883 for performance. The uneven distribution of compensation and workload, as evidenced by a satisfaction survey (44.64% dissatisfied) and the 2024 job analysis, significantly impacts satisfaction and performance. The study recommends designing fairer compensation policies based on workload and optimizing workload management to enhance job satisfaction and employee performance at Bapelitbang Berau Regency.
creator: Ecuk Wibowo
rights: Copyright (c) 2025 Ecuk Wibowo https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-10-23
publication date: 2025-10-23
volume: 6
number: 2
starting page: 202
ending page: 213
doi: 10.37012/ileka.v6i2.3075

The Influence of ROA, DER, and TATO on the Stock Prices of Investment Services Trading Companies on the IDX
type: item
description: In the modern era, business development is increasing, and many companies are going public. Every company certainly strives to maintain and develop its business in order to compete and gain profits. One way to do this is by registering company shares on the capital market and then selling shares to investors. This study aims to determine the effect of Return on Assets (ROA), Debt to Equity Ratio (DER), and Total Assets Turnover (TATO) on stock prices in companies in the trading, services, and investment sectors listed on the Indonesia Stock Exchange in 2018-2021. The research method used is quantitative, with purposive sampling. From the results of the study, the ROA variable partially does not affect stock prices. The results of the partial test (t) of the ROA variable (X1) show a significance value of 0.972> 0.05 and a calculated t value of 0.035 < ttable 1.67252. The DER variable partially affects stock prices. The partial test result (t) of the DER variable (X2) shows a significance value of 0.000 <0.05 and a calculated t value of -5.520> t table -1.67252. The TATO variable partially influences stock prices. The calculated result of the TATO variable (X3) shows a significance value of 0.012 <0.05 and a calculated t value of 2.612> t table 1.67252. The ROA, DER, and TATO variables simultaneously influence stock prices. The results of the Simultaneous Test (F) show a significance value of 0.000 <0.05 and a calculated f value of 15.843> 2.78 f table..
creator: Reni Febrianti
creator: Siti Mujanah
creator: Abdul Halik
rights: Copyright (c) 2025 Reni Febrianti, Siti Mujanah, Abdul Halik https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-10-27
publication date: 2025-10-27
volume: 6
number: 2
starting page: 214
ending page: 229
doi: 10.37012/ileka.v6i2.3091

Analysis of Stock Investment Decisions in the Coal Mining Industry Sector in the LQ45 Index Using the Price Earning Ratio (PER) Method for the 2021-2023 Period
type: item
description: Economic growth will always involve all aspects of life in Indonesia. Based on information from the Central Statistics Agency (2023), Indonesia recorded an economic growth of 5.31% in 2022. This figure is quite high compared to the 2021 achievement of only 3.70%. This study aims to analyze stock investment decisions in the coal mining industry sector in the LQ45 Index using the Price Earning Ratio (PER) method for the 2021-2023 period. The research methodology used is a quantitative descriptive method using secondary data obtained from the Indonesia Stock Exchange website to view the annual financial reports of mining companies. The objects of this study are the coal mining industry companies in the LQ45 Index for the 2021-2023 period, namely ADRO, ITMG, and PTBA shares. The analysis technique used is the Price Earning Ratio (PER) method. The results of this study from the 3 (three) sample companies used indicate that ADRO, ITMG, and PTBA shares are overvalued. ADRO shares have an intrinsic value of Rp. 2,380 and a market price of Rp. 2,430, ITMG shares with an intrinsic value of Rp. 25,650 and a market price of Rp. 26,700, and PTBA shares with an intrinsic value of Rp. 2,440 and a market price of Rp. 2,750 so that the investment decision that can be made for ADRO, ITMG, and PTBA shares is to sell the shares.
creator: Albert Yansen
creator: Rosita Yola Maylaningrum
rights: Copyright (c) 2025 Albert Yansen, Rosita Yola Maylaningrum https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-11-07
publication date: 2025-11-07
volume: 6
number: 2
starting page: 230
ending page: 243
doi: 10.37012/ileka.v6i2.3099

The Influence of Capital Structure and Sales Growth on Profitability at PT Mayora Indah Tbk From 2017 to 2024
type: item
description: In the modern business world, companies are required to have strong and stable financial performance to maintain operational sustainability while winning market competition. Profitability is a key indicator that shows a company's ability to generate profits from its assets or capital. Therefore, an analysis of the factors that influence profitability is important to understand. One such internal factor is capital structure, which refers to the ratio between debt and equity in a company's financing. This st.udy aims to ana.lyze the effect of capital structure and sales growth on the profitability of PT Mayora Indah Tbk for the period 2017–2024. The method used is descriptive- verificative quanti.tative rese.arch with secondary data from financial reports. The analysis w.as co.ndu.cted using mul.tiple line.ar regr.ession and clas.sical assumption tests. The normality test results show that the data is normally distributed (Sig. 0.200 > 0.05), there is no multicollinearity (VIF 6.402), and there is no heteroscedasticity (Sig. > 0.05). The regression results show that capital structure has a positive and significant effect on profitability (coefficient 0.441; t count 7.652; Sig. 0.000). Sales growth also has a positive and significant effect (coefficient 0.408; t count 5.479; Sig. 0.000). Simultaneously, both variables h.ave a signif.icant eff.ect w.ith an F value of 530.047. The R Square value of 0.995 ind.icates that 99.5% of the va.riation in profitability is explained by these two variables. This study concludes th.at cap.ital stru.cture and sales growth play an important role in increasing company profitability.
creator: Vianka Zahra Nafralli
creator: Chika Febrine Tambi
creator: Elizabeth Tiur Manurung
rights: Copyright (c) 2025 Vianka Zahra Nafralli, Chika Febrine Tambi, Elizabeth Tiur Manurung https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-11-17
publication date: 2025-11-17
volume: 6
number: 2
starting page: 244
ending page: 258
doi: 10.37012/ileka.v6i2.3115

The Influence of the Level of Understanding and Socialization of Taxation on Student Compliance as Prospective Personal Taxpayers
type: item
description: Taxes are a source of state revenue used to finance national development and government administration. Taxes can also be considered a mandatory contribution to the state, whether owed by individual or corporate taxpayers, and are legally enforceable. However, public awareness and compliance with taxation remains low in Indonesia. Prospective taxpayers, especially students, need to be educated about taxation so that when they enter the workforce and become prospective taxpayers, they can comply with tax obligations. This study aims to determine the effect of the level of understanding and tax socialization on students’ compliance as prospective individual taxpayers. The research subjects are focused on students of Universitas Bina Sarana Informatika (UBSI), Faculty of Economics and Business, Accounting Study Program, morning class. The research method used is a quantitative method with data collection techniques through questionnaires distributed to respondents. Each statement in the questionnaire is measured using a Likert scale to determine the respondents’ level of agreement with the variables studied. The results of the study indicate that both the level of tax understanding and tax socialization have a positive and significant effect on students’ compliance as prospective individual taxpayers, both partially and simultaneously. Thus, the higher the level of understanding and the intensity of tax socialization received by students, the higher their level of compliance with tax obligations.
creator: Mutia Zahra
creator: Amelia Sabila
creator: Alya Nur Kamila
rights: Copyright (c) 2025 Mutia Zahra, Amelia Sabila, Alya Nur Kamila https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-11-20
publication date: 2025-11-20
volume: 6
number: 2
starting page: 259
ending page: 277
doi: 10.37012/ileka.v6i2.3124

Analysis of PPh 25 Payments and Its Implications for PPh 29: A Case Study of the ABC Foundation
type: item
description: This study aims to analyze the causes of the underpayment of Income Tax Article 29 at Yayasan ABC and to evaluate the effectiveness of Income Tax Article 25 payments as a monthly tax installment mechanism in reducing the year-end tax burden. This research is motivated by the discovery of a discrepancy in the 2022 Annual Corporate Income Tax Return, which occurred due to the absence of regular Article 25 installment payments throughout the fiscal year. The research employs a qualitative approach using a case study method. The data were obtained from tax documents such as the Annual Corporate Income Tax Return and interviews with the accounting staff who assisted the foundation’s tax reporting process. The findings indicate that Yayasan ABC reported Taxable Income (PKP) of Rp279,302,000 with a tax payable of Rp34,891,746. However, due to the absence of Article 25 installment payments during the year, this situation led to a discrepancy between the estimated installments and the actual tax payable. The impacts of not paying monthly installments include the potential imposition of interest penalties, the accumulation of financial burdens, and uncontrolled cash flow. Therefore, to address the underpayment issue, it is necessary to implement periodic Article 25 payments to avoid the accumulation of tax liabilities at the end of the year, strengthen tax planning to manage the strategy for Article 25 payments, and provide education from the accounting services office (KJA) to improve the foundation’s taxpayer understanding of taxation mechanisms.
creator: Nazwa Putri Iftakhdianti
creator: Febry Fabian Susanto
rights: Copyright (c) 2025 Nazwa Putri Iftakhdianti, Febry Fabian Susanto https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-11-24
publication date: 2025-11-24
volume: 6
number: 2
starting page: 278
ending page: 288
doi: 10.37012/ileka.v6i2.3118

The Effect of Changes in Long-Term Liabilities on the Share Price of PT Kalbe Farma Tbk
type: item
description: This study aims to examine the effect of long-term liabilities on the stock price of PT Kalbe Farma Tbk during the 2017–2024 period using a simple linear regression approach. The long-term liabilities variable was analyzed to determine its contribution to variations in stock price based on the company’s historical financial data. The results indicate a negative regression coefficient of –1.82849 × 10⁻¹⁰, suggesting that an increase in long-term liabilities tends to be associated with a decline in stock price. However, the p-value of 0.3860 reveals that this relationship is not statistically significant at the 5 percent significance level. This finding is further supported by the ANOVA results, which show a Significance F value of 0.3860, confirming that the regression model as a whole does not have explanatory power. The coefficient of determination (R Square = 0.0269) demonstrates that only 2.69% of the stock price variability can be attributed to changes in long-term liabilities, while the remaining portion is influenced by other factors such as macroeconomic conditions, market sentiment, and the company’s operational performance. The negative coefficient aligns with capital structure theory, the principle of accounting conservatism, and Signaling Theory, indicating that increases in long-term obligations may raise investors’ perceptions of risk. Nonetheless, the statistical insignificance suggests that long-term liabilities are not a key determinant considered by investors when evaluating the stock price of PT Kalbe Farma Tbk.
creator: Heavenly Melodious
creator: Madeline Guenevere Pranoto
creator: Elizabeth Tiur Manurung
rights: Copyright (c) 2025 Madeline Guenevere Pranoto, Heavenly Melodious, Elizabeth Tiur Manurung https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-11-28
publication date: 2025-11-28
volume: 6
number: 2
starting page: 289
ending page: 300
doi: 10.37012/ileka.v6i2.3136

The Impact of Changes in Long-Term Liabilities on the Stock Price of PT Aneka Tambang Tbk
type: item
description: This study aims to examine the effect of long-term liabilities on the stock price of PT Aneka Tambang Tbk using the company’s financial data. In the mining industry, which is highly affected by commodity price fluctuations and large capital requirements, long-term liabilities serve as an important financing source to support business expansion and operational activities. However, increasing long-term liabilities may also raise the company’s financial risk, which can influence investor perception and stock price movements. This research uses long-term liabilities and stock price data of PT Aneka Tambang Tbk from 2017 to 2024 with a total of 30 observations. A simple linear regression method is applied to analyze the relationship between long-term liabilities as the independent variable and stock price as the dependent variable. The results show that long-term liabilities have a negative and statistically significant effect on the stock price, with a regression coefficient of -2.53516×10⁻⁷ and a p-value of 7.0484×10⁻⁶, which is below the 0.05 significance level. This indicates that an increase in long-term liabilities tends to be negatively perceived by the market. The Adjusted R Square value of 0.5023 suggests that approximately 50.23% of the variation in PT Aneka Tambang Tbk’s stock price can be explained by changes in long-term liabilities, while the remaining variation is influenced by other factors such as global commodity prices, operational performance, government policies, and investor sentiment. Therefore, this study highlights the importance of prudent management of long-term liabilities, as it plays a significant role in maintaining the market value and investor confidence in PT Aneka Tambang Tbk
creator: Madeline Guenevere Pranoto
creator: Heavenly Melodious
creator: Elizabeth Tiur Manurung
rights: Copyright (c) 2025 Madeline Guenevere Pranoto, Heavenly Melodious, Elizabeth Tiur Manurung https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-11-28
publication date: 2025-11-28
volume: 6
number: 2
starting page: 301
ending page: 312
doi: 10.37012/ileka.v6i2.3137

The Influence of Leadership Style on the Performance of Civil Servants in the Karawang Regency General Election Commission Environment
type: item
description: In realizing good governance, a state apparatus must be able to improve its performance optimally, but this needs to be supported by the existence of quality Human Resources. This study was conducted to analyze the influence of leadership style on the performance of civil servants at the General Election Commission (KPU) of Karawang Regency. The background of this study is based on the important role of a leader in creating an effective work environment, especially in government bureaucracy that demands professionalism, accountability, and transparency. The approach used was quantitative with a descriptive associative design, involving 30 employees as respondents. Data were collected through the distribution of questionnaires that had been tested for validity and reliability, and supported by interviews and field observations. The results of the analysis showed a positive and significant relationship between leadership style and employee performance. The correlation coefficient value of 0.699 indicates that the relationship between the two variables is in the strong category, while the linear regression test revealed that 48.8% of the variation in employee performance can be explained by leadership style. These findings confirm that the more appropriate the leadership style applied, the higher the employee performance. The implications of this research highlight the importance of leadership as a highly strategic factor in improving the performance of state officials. Therefore, the Karawang Regency General Elections Commission (KPU) is advised to continue developing adaptive, communicative, and performance-oriented leadership practices to optimally achieve organizational goals.
creator: Lantip Handoyo Susilo
creator: Endro Wibowo
creator: Jailani Bangkahulu
creator: Johannes Samsi
creator: Yasin Azhari
rights: Copyright (c) 2025 Lantip Handoyo Susilo, Endro Wibowo, Jailani Bangkahulu, Johannes Samsi, Yasin Azhari https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-12-01
publication date: 2025-12-01
volume: 6
number: 2
starting page: 313
ending page: 324
doi: 10.37012/ileka.v6i2.3140

The Use of Digital Forensic Accounting Techniques in Occupational Fraud Detection and Prevention: A Literatur Review
type: item
description: Digital forensic accounting is a rapidly growing field in modern accounting, combining traditional investigative methods with cutting-edge digital technology to uncover and prevent financial fraud. One type of fraud that is a major concern in the corporate and organizational world is occupational fraud. Occupational fraud is fraudulent acts committed by employees, managers, or related insiders intended to gain personal gain at the expense of the organization. This study aims to examine the role and effectiveness of using digital forensic accounting techniques in detecting and preventing occupational fraud through a literature review of ten research articles published between 2023 and 2025. The results of the study show that developments in digital technology such as Artificial Intelligence (AI), Machine Learning (ML), Big Data Analytics, Blockchain, Digital Forensic Tools, Intelligent Automation and Deep Learning Tools have had a significant impact on improving the accuracy, speed, and efficiency of the fraud detection and investigation process. The application of these technologies enables forensic auditors to identify suspicious transaction patterns in real time, strengthen internal control systems, and improve the transparency of organizational financial data. However, the study also found challenges in the form of limited human resources with technological expertise, lack of data integration between organizational units, and data security and ethics issues. Overall, digital forensic accounting has proven to be a strategic instrument in supporting the prevention and detection of occupational fraud in the era of digital transformation.
creator: Norine Arifah Aini
creator: Nova Fitriana
creator: Rizka Rahma Yuliani
creator: Hastanti Agustin Rahayu
rights: Copyright (c) 2025 Norine Arifah Aini, Nova Fitriana, Rizka Rahma Yuliani, Hastanti Agustin Rahayu https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-12-02
publication date: 2025-12-02
volume: 6
number: 2
starting page: 325
ending page: 336
doi: 10.37012/ileka.v6i2.3062

The Effect of Capital Structure on Business Risk as Measured Through the EBIT Variation Coefficient in Leading Food Companies on the IDX in the Post-Covid-19 Period of 2021–2023
type: item
description: The post-COVID-19 pandemic period of 2021–2023 has brought significant changes to the business world, including the food industry, which had previously been considered relatively stable and resilient to crises. This situation requires companies to adopt adaptive financial management, particularly in terms of capital structure. Capital structure, the balance of debt and equity funding, is a strategic aspect that determines a company's ability to maintain liquidity, operational flexibility, and profit stability. This study aims todetermine the effect of capital structure on business risk infood companies listed on the Indonesia Stock Exchange in the post-pandemic period.Business risk is measured using the EBIT Variation Coefficient, while capitalstructure is measured using the leverage ratio. The analysis is conducted usinglinear regression with a series of classical assumption tests. The results show thatcapital structure has a positive and significant effect on business risk. The results of thet-test indicate that capital structure has a significant effect with a t-value of1.902 and a significance value of 0.023. The F-test also shows that the regression model issignificant with a significance value of 0.002, making the model suitable for use.Meanwhile, the coefficient of determination R² value of 0.195 shows thatcapital structure can explain 19.5% of business risk, while the rest isinfluenced by other factors outside the model. This finding confirms that the higherthe level of debt usage, the greater the risk of EBIT fluctuations that must beborne by the company.
creator: Grace Natalia Tjahjadi
creator: Elizabeth Tiur Manurung
rights: Copyright (c) 2025 Grace Natalia Tjahjadi, Elizabeth Tiur Manurung https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2025-12-03
publication date: 2025-12-03
volume: 6
number: 2
starting page: 337
ending page: 350
doi: 10.37012/ileka.v6i2.3156