Zona Keuangan: Program Studi Akuntansi (S1) Universitas Batam

STRUKTUR MODAL, KINERJA KEUANGAN, DAN PERTUMBUHAN ASET: DAMPAKNYA TERHADAP NILAI PERUSAHAAN PADA BANK BUMN PERIODE 2020–2024

Esti Yuliyani, R A. Widyanti Diah Lestari, One Yantri — Thu, 06 Aug 2026 00:00:00 +0800

This study aims to examine and analyze the influence of Capital Structure, Financial Performance, and Asset Growth on Firm Value in State-Owned Banks listed on the Indonesia Stock Exchange for the 2020-2024 period. This research is quantitative. The data used in this study are the annual financial reports of state-owned banks listed on the Indonesia Stock Exchange for the 2020-2024 period. The sampling technique used was purposive sampling. Four banks met the sample criteria. The analysis technique used in this study was multiple linear regression analysis with the assistance of SPSS. Based on the results of data analysis using SPSS 27, it shows that Capital Structure has a partial significant negative effect on firm value with a significance value of 0.001, Financial Performance has a partial insignificant positive effect on firm value with a significance value of 0.201, and Asset Growth has a partial insignificant negative effect on firm value with a significance value of 0.168. Simultaneously, the variables Capital Structure, Financial Performance, and Asset Growth have a significant effect on firm value with a significance value of 0.003.

AKUNTANSI HIJAU DAN KEBERLANJUTAN SEBAGAI DETERMINAN NILAI PERUSAHAAN: STUDI PADA PERUSAHAAN TRANSPORTASI DAN LOGISTIK DI BURSA EFEK INDONESIA PERIODE 2021–2023

Sri Anggriani, R A. Widyanti Diah Lestari, Ely Kurniawati — Thu, 06 Aug 2026 00:00:00 +0800

This research is motivated by the growing attention to sustainability issues in transportation and logistics companies in Indonesia. The purpose of this study is to analyze the effect of Green Accounting, Sustainability Report Disclosure, Profitability, and Firm Size on firm value. The study employs a quantitative approach with multiple linear regression analysis using secondary data from annual and sustainability reports of companies listed on the Indonesia Stock Exchange during the 2021–2023. This research focuses on the transportation and logistics sector, which has unique operational characteristics, and is using Tobin’s Q ratio as firm value indicator. The results reveal that Green Accounting has a positive and significant effect on firm value, Sustainability Report Disclosure and Profitability show no significant effect, while Firm Size has a negative and significant effect. These findings emphasize the importance of implementing environmental accounting practices to enhance firm value, while sustainability disclosure and profitability require further investigation. Future research is recommended to include external factors and extend the observation period to provide more comprehensive results.

DETERMINAN KINERJA KEUANGAN: PERAN LEVERAGE, KEPEMILIKAN MANAJERIAL, DAN KINERJA LINGKUNGAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI

Nona Jane Onoyi — Thu, 06 Aug 2026 00:00:00 +0800

Financial performance reflects a company's achievements in effectively and efficiently managing its financial resources. This study aims to examine the influence of leverage, managerial ownership, and environmental performance on financial performance, with firm size moderating this relationship. This research uses secondary data from companies in the Processed Food and Soft Drinks subsector listed on the Indonesia Stock Exchange (IDX) for the period 2021–2024, totalling 21 companies. The sample selection used a purposive sampling technique, resulting in 9 companies being selected as the sample. The analysis was conducted using multiple linear regression and Moderated Regression Analysis (MRA). The research results indicate that leverage has a significant negative impact on financial performance, while managerial ownership has a significant positive impact. Environmental performance has a negative and non-significant effect. Firm size only moderates the influence of leverage on financial performance, while the influence of managerial ownership and environmental performance is independent of firm size. These findings emphasise the importance of applying the principle of prudence in debt management, increasing managerial ownership, and designing environmental investment strategies that provide long-term added value.

INTEGRASI AUDIT ENERGI LISTRIK DAN ANALISIS EKONOMI UNTUK MENDUKUNG EFISIENSI OPERASIONAL DAN KEBERLANJUTAN GEDUNG PENDIDIKAN

Nur Effendi Anwar, Andi Mulyadi, Mursal — Thu, 06 Aug 2026 00:00:00 +0800

Energy audit is a systematic method for evaluating the utilization of electrical energy in a building with the aim of identifying potential efficiency improvements and cost savings. In educational buildings, electrical energy consumption is relatively high due to the use of electronic equipment, lighting systems, air conditioning, and devices supporting academic and administrative activities. This study integrates an electrical energy audit with economic analysis to provide a comprehensive overview of operational efficiency and energy sustainability within educational building environments. The results show that by implementing energy conservation measures, electricity usage efficiency can be improved by up to 15–25%, with significant potential savings in operational costs. Economic feasibility analysis using indicators such as payback period, net present value (NPV), and internal rate of return (IRR) demonstrates that the implementation of energy efficiency technologies—such as LED lighting, inverter-based cooling systems, and load management—has a positive impact not only on technical aspects but also on financial performance. These findings are expected to serve as a basis for energy efficiency policy in educational buildings in Indonesia.

KINERJA DINAS SOSIAL PROVINSI JAMBI DALAM PENGELOLAAN PROGRAM KELUARGA HARAPAN PADA ERA TRANSISI DTKS KE DTSEN (2022-2024)

Sintha Dewi Agustina, M. Kharis Habebi, Citra Humaira, Mutiara, Puja Amelia — Thu, 06 Aug 2026 00:00:00 +0800

This study aims to analyze the performance of the Social Service Office of Jambi Province in managing the Family Hope Program (PKH) during the transition from the Integrated Social Welfare Data (DTKS) to the National Socioeconomic Single Data (DTSEN) in the 2022–2024 period. The study employed a qualitative descriptive method with a case study approach through the analysis of policy documents, Statistics Indonesia data, Ministry of Social Affairs reports, and relevant scientific literature. The results indicate that the poverty rate in Jambi Province decreased alongside an increase in the independent graduation of Beneficiary Families (KPM). The implementation of DTSEN contributed to improving data verification efficiency and social assistance transparency, although challenges related to digital literacy, infrastructure limitations, and inconsistencies in regional data updating remain. Based on Dwiyanto’s five performance dimensions, the Social Service Office demonstrated improvements, particularly in productivity and responsiveness, but still requires strengthening in targeting accuracy and data accountability. This study confirms that the success of digital transformation in social assistance depends not only on technological systems but also on human resource capacity and sustainable data governance.