Ilmiah Manajemen Bisnis

PENGARUH CSRD AUTENTIK DAN PRAKTIK GREENWASHING TERHADAP FIRM PERFORMANCE PADA PERUSAHAAN PERTAMBANGAN DI INDONESIA

2025-11-05T03:11:05+00:00

This study aims to examine the effect of authentic Corporate Social Responsibility Disclosure (CSRD) and greenwashing practices on firm performance in mining companies listed on the Indonesia Stock Exchange (IDX) during the period 2021–2023. A quantitative research approach was employed, with samples selected using purposive sampling. CSRD was measured by separating disclosure quality from disclosure quantity, while greenwashing was assessed based on indicators that capture the misalignment between sustainability claims and actual corporate practices. Firm performance was proxied using Tobin’s Q, and the panel data were analyzed using the Fixed Effect Model (FEM). The results reveal that authentic CSRD has a positive effect on firm performance, whereas CSRD quantity exhibits a negative coefficient, indicating that symbolic or superficial disclosure may not generate economic benefits. Furthermore, greenwashing weakens the relationship between CSRD quality and firm performance. The novelty of this research lies in distinguishing CSRD quality from CSRD quantity and incorporating greenwashing as a moderating variable within the context of Indonesia’s mining industry during the post-regulatory sustainability era. The findings imply that substantive CSR disclosure is essential for building corporate credibility and enhancing firm value. Moreover, the study highlights the need for regulators to strengthen sustainability reporting standards in order to reduce greenwashing practices.

Keywords— CSRD Quality, CSRD Quantity, Firm Performance, Greenwashing, Tobin's Q

DAMPAK KEBIJAKAN SUBSIDI GAS ELPIJI 3 KG TERHADAP KINERJA DAN PERTUMBUHAN SEKTOR RITEL: STUDI LITERATUR

2025-12-29T03:33:03+00:00

The 3 kg liquefied petroleum gas (LPG) subsidy policy constitutes a strategic government effort to sustain energy affordability for low-income households while supporting the sustainability of micro, small, and medium enterprises (MSMEs), particularly in the culinary retail sector. Policy changes related to distribution mechanisms, stricter targeting of subsidy beneficiaries, and potential price adjustments have significant implications for operational costs, business performance, and retail sector growth. This study aims to analyze the impact of the 3 kg LPG subsidy policy on the performance and growth of the culinary retail sector through a literature review approach. A qualitative descriptive method is employed by examining relevant academic journal articles, policy reports, and official publications. The reviewed literature is thematically analyzed and classified into four main categories: distribution of 3 kg LPG, prices and operational costs, retail actor structure, and market distortions. The findings indicate that the 3 kg LPG subsidy contributes to reducing MSMEs’ operational costs and maintaining retail price stability. However, the policy remains insufficiently effective due to inaccurate subsidy targeting, distribution inefficiencies, and persistent structural imbalances among retail actors, which may undermine business performance and sectoral growth. This study concludes that strengthening distribution governance and subsidy oversight is essential to ensure more optimal and sustainable outcomes of the 3 kg LPG subsidy policy for the culinary retail sector.

Keywords— 3 kg LPG, government policy, economic growth, retail sector, MSMEs.

PENGARUH PENGALAMAN PELANGGAN TERHADAP CITRA MEREK DAN LOYALITAS PELANGGAN DI FORE, JAKARTA BARAT

2026-01-20T07:00:42+00:00

This study aims to analyze the effect of Customer Experience (CE) on Brand Image (BI) and Customer Loyalty (CL) at FORE Coffee in West Jakarta. In the context of rapid digital era development, companies are required to create positive customer experiences in order to build a strong brand image and encourage customer loyalty. The research method used purposive sampling with a total of 110 respondents who had previously made purchases at FORE Coffee outlets in the West Jakarta area. Data analysis was conducted using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with the assistance of SmartPLS software. The results indicate that Customer Experience has a positive and significant effect on Brand Image, Brand Image has a negative and insignificant effect on Customer Loyalty, and Customer Experience has a positive and significant effect on Customer Loyalty. Based on these findings, this study recommends that FORE Coffee continue to improve the quality of customer experience through service, products, and brand interactions in order to strengthen brand image and maintain customer loyalty.

Keywords — Customer Experience, Customer Loyalty, Brand Image, & PLS-SEM.

PENGARUH TAM TERHADAP BEHAVIORAL INTENTION DAN KEPUTUSAN PENGGUNAAN BLU BCA DI JAKARTA BARAT

2026-01-20T07:06:08+00:00

Penelitian ini menganalisis pengaruh Perceived Usefulness dan Perceived Ease of Use terhadap Keputusan penggunaan blu BCA dengan Behavioral Intention sebagai variabel mediasi pada 137 pengguna di Jakarta Barat. Menggunakan pendekatan kuantitatif dengan convenience sampling dan analisis SmartPLS, hasil menunjukkan bahwa Perceived Usefulness dan Perceived Ease of Use berpengaruh positif signifikan terhadap Behavioral Intention, namun tidak berpengaruh langsung terhadap Keputusan. Behavioral Intention berpengaruh positif signifikan terhadap Keputusan dan memediasi penuh hubungan antara kedua variabel TAM terhadap Keputusan. Temuan ini menegaskan pentingnya niat perilaku dalam membentuk keputusan penggunaan bank digital.

Keywords— Technology Acceptance Model, Perceived Usefulness, Perceived Ease of Use, Behavioral Intention, Keputusan Nasabah, blu BCA.

PENGARUH LIKUIDITAS DAN SOLVABILITAS TERHADAP PROFITABILITAS DENGAN MODERASI REVENUE GROWTH PADA PERUSAHAAN MAKANAN DAN MINUMAN PERIODE 2022-2024

2026-01-20T07:56:14+00:00

The research aims to determine the influence of liquidity and solvability on profitability with revenue growth as the moderating variable in food and beverage sector companies listed on the Indonesia Stock Exchange in 2022-2024 period. This research use return on asset for measuring profitability, current ratio for measuring liquidity, debt-to-asset ratio for measuring solvability, and revenue growth as the moderating variable. The research involved 39 in food and beverage sector companies in total. This research can be imply that effective cash management and prudent leverage policy are important for profitability. This research also assist decision-making by external parties. For academic studies this study contributes a demonstrate about revenue growth especially from the result it is shows that revenue growth does not moderated the effect of liquidity and solvability on profitability. The analytical method used in this research is moderated regression analysis. The results of the test show that liquidity has a positive and significant effect on profitability, while solvability has a negative and significant effect on profitability. The results of the test show that liquidity moderated by revenue growth does not have a significant effect on profitability, just as solvability moderated by revenue growth does not have a significant effect on profitability.

Keywords— Profitability, Liquidity, Solvability, Revenue Growth