JURNAL AKADEMIK EKONOMI DAN MANAJEMEN

PENGARUH PROFITABILITAS, LIKUIDITAS TERHADAP STRUKTUR MODAL PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA

2026-01-24T10:26:54+00:00

The purpose of this study was to examine in depth how profitability and liquidity affect the capital structure of food and beverage sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2021–2024. The research approach used a quantitative method utilizing secondary data in the form of company financial reports. The sample selection technique used in this study was purposive sampling, resulting in 22 sample companies that met the research criteria, which were measured using the Debt to Equity Ratio (DER) indicator. Meanwhile, the independent variables consisted of Return on Equity (ROE) as a representation of profitability and Current Ratio (CR) as a representation of liquidity. The results of the descriptive analysis showed that the average DER of food and beverage sub-sector companies was 8.214, the average ROE was 0.595, and the average CR was 2.619. The correlation test showed that DER had no significant relationship with ROE, but showed a significant negative correlation with CR. Furthermore, the results of the multiple linear regression test indicated that ROE had no significant effect on DER, while CR had a negative effect that was close to significant on DER. The results of this study indicate that liquidity plays a role in capital structure compared to profitability in food and beverage subsector companies in 2021-2024.

REKONTRUKSI KONSEP AMANAH AL MAWARDI SEBAGAI DASAR REFORMASI TATA KELOLA EKONOMI PUBLIK INDONESIA

2026-01-23T13:59:55+00:00

Tata kelola ekonomi publik Indonesia masih dibayangi korupsi tinggi, lemahnya pengawasan anggaran, dan rendahnya integritas pejabat, tercermin dari skor Indeks Persepsi Korupsi 2023 yang berada pada angka 34/100. Penelitian ini bertujuan menganalisis konsep amanah menurut Al-Mawardi dalam Al-Ahkam al-Sultaniyyah serta menilai relevansinya bagi reformasi tata kelola ekonomi publik Indonesia. Metode yang digunakan adalah studi literatur terhadap teks klasik, teori tata kelola modern, dan kajian kontemporer mengenai integritas sektor publik. Hasil analisis menunjukkan bahwa amanah mencakup tiga pilar: integritas moral pemegang kekuasaan, akuntabilitas pengelolaan harta publik, dan tanggung jawab sosial. Ketiganya selaras dengan prinsip tata kelola modern terutama transparansi, efektivitas, dan pencegahan korupsi serta memberikan dimensi moral spiritual yang tidak terdapat dalam kerangka Barat. Penelitian menyimpulkan bahwa nilai amanah dapat menjadi dasar etis penguatan transparansi fiskal dan integritas pejabat dalam reformasi tata kelola publik.

Efektivitas Jasa Konsultan Pajak Bagi Pengusaha UMKM dalam Meningkatkan Kepatuhan Kewajiban Perpajakan

2026-01-28T08:50:10+00:00

Micro, Small, and Medium Enterprises (MSMEs) play a strategic role in the national economy, particularly in contributing to gross domestic product and employment creation. Nevertheless, the level of tax compliance among MSMEs remains relatively low. This condition is influenced by limited tax literacy, complex tax regulations, and constraints in administrative capacity and human resources, which hinder MSMEs from fulfilling their tax obligations accurately and sustainably. In this context, tax consultant services are considered a viable solution to assist MSMEs in overcoming technical and regulatory challenges related to taxation. This study aims to analyze the effectiveness of tax consultant services in improving MSMEs’ tax compliance. The research employs a qualitative descriptive approach. A case study was conducted at PT XYZ, a Micro, Small, and Medium Enterprise engaged in retail trading and computer and printer repair services located in Surakarta City. Research data were obtained through in-depth interviews with internal company personnel and external tax consultants, observation of tax administration practices, and documentation of relevant tax records. The collected data were analyzed using qualitative data analysis techniques, including data reduction, data presentation, and conclusion drawing. The results indicate that tax consultant services are effective in enhancing both formal and material tax compliance among MSMEs. This effectiveness is reflected in improved understanding of tax regulations, more orderly tax administration, timely tax reporting, and accurate tax calculations. However, the level of effectiveness is influenced by the intensity of assistance provided and MSMEs’ perceptions regarding the cost of tax consulting services. This study provides empirical evidence on the strategic role of tax consultants in supporting sustainable tax compliance among MSMEs.