Aryo Prakoso - Academia.edu (original) (raw)

Papers by Aryo Prakoso

The Covid-19 pandemic, coupled with the economic recession from 2019 to 2022, has adversely impac... more The Covid-19 pandemic, coupled with the economic recession from 2019 to 2022, has adversely impacted various industries, leading to bankruptcies. Among the affected sectors, the banking industry faced significant challenges, experiencing disruptions in credit processes and fund distribution due to diminished purchasing power. This situation poses a severe threat to the banking sector, necessitating the monitoring of financial conditions through bankruptcy analysis as an early warning system for company performance. This study investigates potential differences in the results of financial distress prediction models-Altman, Springate, Zmijewski, Grover, and Ohlson-during the abnormal conditions of the Covid-19 pandemic. Using purposive sampling of banking companies listed on the IDX from 2019 to 2022, the study divided the samples into financial distress and non-financial distress categories. Analysis involved tests for multicollinearity assumptions, logistic regression, and accuracy/error rate calculations. The findings reveal variations in the predictive abilities of the Altman, Springate, Zmijewski, Grover, and Ohlson models. The Grover model emerged as the most accurate, with a 60% accuracy rate in predicting bankruptcy, while Altman, Springate, and Zmijewski models demonstrated low predictive values (0%, 0%, and 15% accuracy, respectively). The simplicity of the Grover model's measurement indicators, incorporating capital adequacy, EBIT, and ROA, offers a comprehensive view of bankruptcy prediction ratios. Moreover, stringent internal risk analysis and external factors, such as regulatory interventions, contribute to keeping banks resilient amid global economic crises. The research suggests that banking companies can benefit from employing the Grover method for bankruptcy analysis as part of their future anticipation strategy.

International Journal of Professional Business Review

Purpose: The objective of this study was to reconstruct Intellectual Capital to fill gap between ... more Purpose: The objective of this study was to reconstruct Intellectual Capital to fill gap between Humans, Corporations and God. Theoretical framework: Intellectual Capital in its form and development as part of intangible assets in the business world, both from commercial and non-commercial measurements, is part of accounting, considered a modern business perspective and a product of entity theory. This definition of Intellectual Capital shows the masculine side, the Value of Entity theory. The antithesis of this is Sharia Entity Theory which emphasizes responsibility toward the sole creator of the company's nature, specifically God. Spirituality or religion fills the gap behind critical accounting studies based on secular thinking. Design/methodology/approach: This research uses the Islamic spirituality perspective paradigm, which is at heart and related to the organizational, social, and human environment in reconstructing Intellectual Capital. Findings: The results o...

KnE Social Sciences

Current technological developments have shifted the industrial world from a capitalintensive to a... more Current technological developments have shifted the industrial world from a capitalintensive to a knowledge-based industry. We often find that companies have been awarded higher market value than their book value. Various researchers believe this honor that is given by society to be intellectual capital. Unfortunately, different intellectual ideas presented are still dry, materialistic, secularistic, and far from religious values. This research explained how to reconstruct Intellectual Capital through Islamic spirituality with the method of spirituality through the dimensions of the foundations of Islam. In the spiritualism paradigm, high spiritual norms of faith, good deeds, and noble morals become the foothold. The results of this study produce human capital Rahmatan Lil Alamin which runs full of faith and piety, and structure capital, which is to form an administrative building and run the company not only for profit motives but to provide human benefits by carrying out Sharia pr...

Madani : Indonesian Journal of Civil Society

Jember has a very diverse natural, cultural and artificial tourism potential. One of the natural ... more Jember has a very diverse natural, cultural and artificial tourism potential. One of the natural potentials that currently become the prima donna in Jember is Teluk Love beach, located in Sumberrejo-Ambulu-Jember. The main attraction of the Love Bay is in terms of its shape that symbolizes love, which is not possessed by other destinations in Jember. The booming existence of the Love Bay increases tourist arrivals at this destination every day, in the other hand the condition of human resources and social economic environment is not ready to face of the growth of Love Bay tourism. Weak tourism knowledge, slum social environment patterns, society economic management are some challenges in developing this Love Bay tourism. Theoretically, if a tourist destination is well managed, tourists as subjects in the tourism industry have an important role in the sustainability of a tourist destination. The tourist services needs to get special attention. If the tourists are well served, then th...

Dewasa ini kinerja perusahaan untuk dapat berkembang dan memiliki daya saing mulai beralih dari b... more Dewasa ini kinerja perusahaan untuk dapat berkembang dan memiliki daya saing mulai beralih dari basis tradisional ke basis pengetahuan. Penghargaan atas kinerja perusahaan yang diapresiasikan oleh tingginya nilai pasar daripada yang tercatat dalam nilai buku merupakan bukti adanya nilai yang belum mampu diterangkan oleh Akuntansi tradisional saat ini. Sebagian Selisih nilai pasar dan nilai buku ini diyakini sebagai intellectual capital . Penerapan dan pengembangan intellectual capital sebagai bagian dari strategi perusahaan dalam era pengetahuan dapat dijadikan kunci untuk melengkapi informasi bagi stakeholder dalam meningkatkan kemakmuran perusahaan. Penelitian ini bertujuan untuk menguji pengaruh intellectual capital terhadap kinerja perusahaan dan kontribusi intellectual capital untuk masing-masing jenis industri. Sampel dalam penelitian sejumlah 14 perusahaan yang tercatat di Bursa Efek Indonesia (BEI) tahun 2007-2011 dan didapatkan dengan metode judgment sampling . Metode anali...

Proceedings of the 6th Batusangkar International Conference, BIC 2021, 11 - 12 October, 2021, Batusangkar-West Sumatra, Indonesia

Modern accounting today has the reality of having lost the conceptual nature of actual human goal... more Modern accounting today has the reality of having lost the conceptual nature of actual human goals. Materialistic, egoistic, secular, and atheistic (MESA) force humans to act aggressively to leave this human nature alone. This study tries to restore the human nature method in accounting through the teachings of the archipelago using the Serat Wedhatama teachings as an analysis. The result obtained is that the teachings written by Mangkunegara IV provide piwulang and paweling, that's divine teachings, and advice which are formulated with the term religious agaming aji, religion as human identity. The implementation process goes through four stages, worship of the body, worship of creation, worship of the soul, and worship of taste. These four processes frame the basic accounting of the archipelago with virtuous human values, build gracious accounting, connect accounting actors with God, and humans with worship-oriented humans.

Investors in economic motive will afford to invest in stock of company that can provide profit an... more Investors in economic motive will afford to invest in stock of company that can provide profit and dividends. Capital market participants will observe the movement of the Composite Stock Price Index on the stock exchange as one of viewpoints to invest. Stock price index is influenced by several factors, such as inflation rate, interest rate, exchange rate. In analyzing theComposite Stock Price Index, the researcher only limited on the inflation and BI ratevariables. This research aims to know the effect of inflation and BI rate on Composite Stock Price Index (a case study on the property and real estate companies registered on the Indonesia Stock Exchange in period of 2011-2015). This research used a quantitative approach. 40 companies and real estate properties were taken as the samples which were obtained by using purposive sampling. Data were analyzed by using multiple linear regression method. The research results indicated that inflation did not affect the Composite Stock Price...

Finance management is aimed at finding out the finance position of a company so as to reveal fina... more Finance management is aimed at finding out the finance position of a company so as to reveal finance condition, which serves as the cornerstone in business decision making. Finance management also functions as an evaluation tool to business appropriateness in order to assess its accountability, probe its finance condition related to profit and loss, control business finance, and meet the obligation as citizen to pay tax. The finance condition aforementioned is germane to the administration of profit-and-loss finance which complies with the procedure as well as standard stipulated in Law number 20 of 2008, concerned with the obligation of home industry to carry out finance management as regulated in The Finance Standard of Entity with no Public Accountability (commonly known as SAK ETAP) to put home industry at ease when dealing with finance management. This research was projected to explain profit-and-loss finance management at UD Kayu Mas Balung, a home industry specializing on music instrument, in Jember district. The research employed qualitative method, coupled with descriptive analysis. The research findings revealed the profit-and-loss finance management which already complied with the very standard due to improvement on several production processes and the documents of finance administration carried out by the business owner.

Valid: Jurnal Ilmiah, Oct 13, 2020

Most of the micro, small, and medium enterprises (MSMEs) still need difficulties to grow, develop... more Most of the micro, small, and medium enterprises (MSMEs) still need difficulties to grow, develop, and be consistent in doing business. Important information about finance, market dynamics, competitors, and management of governance is still prevalent in the MSME level. The fundamental problem is the low management ability in managing information and processing financial data. SMEs who are less aware of corporate governance and business management. Efforts to enrich the knowledge of financial management thro ugh financial literacy. Strategic initiatives in the management and sustainability of MSMEs can be through the education of businesses towards the level of expertise and ability to receive commercial information so that that management will develop. The object of this research is MSMEs in the coastal areas Eks-Besuki Karesident, of Jember, Bayuwangi, and Situbondo. This research uses quantitative methods, exogenous variables which are used are financial literacy with financial indicators, investment, savings, conversely endogenous variables are used to improve performance with indicators of quality, results, cost efficiency, and employee relations. Analysis using Structural Equation Modeling. The results obtained by financial literacy have a significant effect on the performance of MSMEs, the results of their assessment of the level of understanding of financial literacy at MSMEs in the former residence of Besuki can improve the performance of MSMEs.

International Journal of Religious and Cultural Studies, 2022

Penelitian ini mengidentifikasi potensi lokal dan menyusun model pengembangan wisata di wilayah s... more Penelitian ini mengidentifikasi potensi lokal dan menyusun model pengembangan wisata di wilayah sekitar Taman Nasional Gunung Bromo yang meliputi Kabupaten Malang, Pasuruan, Probolinggo, dan Lumajang. Teridentifikasi bahwa potensi keempat kabupaten di sekitar kawasan Taman Nasional Gunung Bromo tersebut memiliki potensi alam yang besar untuk dapat dikembangkan menjadi destinasi wisata yang dapat dikembangkan menjadi destinasi wisata untuk mendukung destinasi wisata Gunung Bromo. Potensi tersebut antara lain berupa desa wisata, air terjun, pemandangan alam berupa gunung, dan danau. Terhadap potensi destinasi wisata yang ada, secara ekonomi keempat kabupaten tersebut akan lebih mendapatkan manfaat apabila sumber daya yang dimiliki digunakan untuk memperbaiki kualitas manajemen, harga, ketersediaan informasi, dan kesediaan masyarakat untuk membayar. Adapun strategi yang berbasis masyarakat akan lebih tepat untuk pengembangan destinasi wisata di sekitar kawasan Bromo tersebut. Penelitia...

Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia, 2020

This study aims to analyze the effect of e-filling system implementation on individual taxpayer c... more This study aims to analyze the effect of e-filling system implementation on individual taxpayer compliance and describe how the e-filling system is implemented in the former residency area of Besuki, East Java. This study uses quantitative and qualitative data analysis methods by using simple linear regression analysis and using an interpretive approach to explore qualitative information using the e-filling system. This study's results are the implementation of the e-filling system has a significant effect on the compliance of individual taxpayers in the former residency area of Besuki, East Java. The most important from the interpretive result, For the first user, they have basic knowledge of taxation constraints in calculating their obligations, so they are reluctant to continue to know tax reporting through e-filing.

Jurnal Akuntansi Keuangan dan Bisnis, 2017

Return saham, salah satunya diperoleh investor dari selisih antara nilai jual yang lebih tinggi d... more Return saham, salah satunya diperoleh investor dari selisih antara nilai jual yang lebih tinggi dibandingkan dengan nilai beli saham, disebut capital gain. Penelitian ini bertujuan untuk mengetahui pengaruh inflasi, kurs rupiah dan suku bunga terhadap return saham perusahaan manufaktur. Populasi penelitian adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2012-2016, yaitu sejumlah 144 perusahaan. Berdasarkan teknik purposive sampling dipilih sampel penelitian sejumlah 50 perusahaan manufaktur. Analisis data dilakukan berdasarkan data sekunder, yaitu berupa ringkasan laporan keuangan dari perusahaan yang terpilih sebagai sampel penelitian. Selanjutnya, data dianalisis menggunakan metode regresi linier berganda. Hasil analisis menunjukkan bahwa hanya kurs rupiah yang berpengaruh terhadap return saham, sedangkan inflasi dan suku bunga tidak berpengaruh terhadap return saham perusahaan manufaktur.

Ekspektra : Jurnal Bisnis dan Manajemen, 2018

Tujuan studi ini adalah menganalisis pengaruh Corporate Social Responsibility (CSR) terhadap prof... more Tujuan studi ini adalah menganalisis pengaruh Corporate Social Responsibility (CSR) terhadap profitabilitas.Corporate Social Responsibility (CSR) diproksikan ke biaya kesejahteraan karyawan, biaya kemitraan, dan biaya bina lingkungan, sedangkan profitabilitas diproksikan ke Return On Assets (ROA). Studi ini menggunakan pendekatan deskriptif kuantitatif. Analisis data menggunakan metode regresi linier berganda. Populasi adalah seluruh perusahaan barang konsumsi yang terdaftar di Bursa Efek Indonesia (BEI), selanjutnya sampel dipilih menggunakan teknik purposive dan diperoleh 9 perusahaan. Berdasarkan hasil analisis, pada tingkat signifikansi 5% menunjukkan bahwa secara parsial biaya kesejahteraan karyawan berpengaruh signifikan terhadap profitabilitas. Sedangkan, biaya kemitraan dan biaya bina lingkungan tidak berpengaruh terhadap profitabilitas. Uji simultan menunjukan bahwa biaya kesejahteraan karyawan, biaya kemitraan, dan biaya bina lingkungan berpengaruh signifikan terhadap pro...

Esensi: Jurnal Bisnis dan Manajemen, 2019

Globalization provides open competition to every business actor, to become a superior and valuabl... more Globalization provides open competition to every business actor, to become a superior and valuable company one of the ways that can be taken by the company through disclosure of the corporate social reports (CSR). This paper wants to explore how far the characteristics of the company influence the extent of CSR disclosure. The method in this study uses the empirical study hypothesis testing approach by sampling all companies indexed L-Q45 on the Indonesia stock exchange. The reason selection of this index is the leading index in Indonesia with tightly defined criteria by regulators, including levels of liquidity, market capitalization, and growth prospects of the company. The results of the data analysis that has been done obtained results Profitability and total assets influence the broad disclosure of CSR, this also supports stakeholder theory and legitimacy theory, on the contrary, leverage does not affect the broad disclosure of CSR. That caused by the management of the company ...

JPP IPTEK (Jurnal Pengabdian dan Penerapan IPTEK), 2019

Taman Pendidikan Al-Qur’an (TPA) An-Nida berada di wilayah Desa Dukuhdempok, Kecamatan Wuluhan, K... more Taman Pendidikan Al-Qur’an (TPA) An-Nida berada di wilayah Desa Dukuhdempok, Kecamatan Wuluhan, Kabupaten Jember. Alamat tepatnya berada di Jl. Moch. Serueji No. 18 B, Wuluhan. Lokasi TPA An-Nida berada sejauh 32 km dari Universitas Jember. Di era digital saat ini, manajemen dan layanan TPA An-Nida masih konvensional. Di antaranya adalah pencatatan data santri, presensi, dan prestasi santri yang masih dikelola secara manual. Hal ini menyulitkan saat pencarian data santri. Terjadinya duplikasi data santri juga memungkinkan. Selain itu, TPA An-Nida masih belum memiliki sarana dan prasarana teknologi informasi dan komunikasi (TIK). Padahal, TIK ini bisa dimanfaatkan untuk meningkatkan layanan dan manajemen TPA serta dapat digunakan sebagai sarana pembelajaran berbasis TIK bagi santri. Berdasarkan permasalahan tersebut, pada Progran Pengabdian Pemula (PPP) ini, dilakukan pembuatan aplikasi database untuk menampung data administrasi santri, data presensi dan prestasi santri, dokumentasi ...

Owner, 2019

This study investigates the role of the financial ratio in predicting financial distress which ha... more This study investigates the role of the financial ratio in predicting financial distress which has an important role in preventing bankruptcy. This study aims to know the influence of liquidity, leverage, and profitability ratios on financial distress (on real estate and property companies listed in Indonesia Stock Exchange in 2015-2017). 45 companies listed in Indonesia Stock Exchange from 2015 to 2017 were examined by using 135 units of analysis. Prediction model used was logistic regression technique with purposive sampling method. The findings indicated that there was no influence of liquidity (current ratio) on financial distress. There was a positive influence of leverage (total dept. on total assets) on financial distress. However, there was a negative influence of profitability (net profit margin) on financial distress.

Jurnal Profita, 2018

This study aims to explain and describe the role of internal control system of PT. FIFGROUP Branc... more This study aims to explain and describe the role of internal control system of PT. FIFGROUP Branch Office in Jember for pressing the number of bad loans. This research is a descriptive research with qualitative approach. Type of data used are quantitative and qualitative data. The results showed that the role of internal control system as the controlling of credit management performance applied by PT.