Islamic Business and Management Journal
https://ejournal.unida.gontor.ac.id/index.php/IBMJ
<p><strong>Islamic Business and Management Journal (IBMJ) (P-ISSN: <a href="https://issn.brin.go.id/terbit/detail/1526182707">2622-6316</a> | E-ISSN: <a href="https://issn.brin.go.id/terbit/detail/1526183649">2622-6324)</a></strong> is a semiannual journal published by University of Darussalam Gontor. IBMJ have collaborated with <strong><a href="https://drive.google.com/file/d/1QILmkB7q0N_n3pIFa_moVYGuShpYZcn3/view?usp=sharing">Forum Pengelola Jurnal Manajemen</a></strong>, <a href="https://drive.google.com/drive/folders/1VZTnJKxsHZG0LUdli_9mFgLtVokYSjDP?usp=sharing"><strong>Komite Nasional Ekonomi dan Keuangan Syariah</strong></a>, <strong><a href="https://drive.google.com/file/d/1mdAqqOuIufAg9tjVWMG9sp75ObzWxue-/view?usp=sharing">World Academy of Islamic Management (WAIM) Malaysia</a></strong> and in line with the objective of the University, the journal is committed to promoting and developing contemporary issues in Business and Islamic management. In the broadest sense, in order to keep scholars on research in the area of management. The editorial board welcomes original submissions in several fields:<br />1. Islamic Finance<br />2. Islamic Human Resource Management<br />3. Islamic Marketing<br /><br />IBMJ is currently indexed by <a href="https://issn.brin.go.id/terbit?search=Islamic%20Business%20and%20Management%20Journal%20gontor"><strong>ISSN BRIN</strong></a>, <strong><a title="Google Scholar" href="https://scholar.google.com/citations?hl=en&user=A92oT-AAAAAJ&view_op=list_works&sortby=pubdate" target="_blank" rel="noopener">Google Scholar</a></strong>, <strong><a href="https://garuda.kemdikbud.go.id/journal/view/34056?issue=Vol.%206%20No.%202%20(2023):%20IBMJ%20|%20December">Garuda</a></strong> , <strong><a href="https://sinta.kemdikbud.go.id/journals?q=ibmj">Sinta 4</a></strong> and other indexes in the future. </p> <p>Authors are welcome to publish research results and other articles by English in the IBMJ by following the existing the <strong><a href="https://docs.google.com/document/d/1IUyiGEszN6fMqJjNZhdt-UxdHP14H378/edit?usp=drive_link&ouid=115047706002286042294&rtpof=true&sd=true">format guidelines</a></strong>. This journal routinely publishes articles twice a year every June and December.</p> <p><strong>Announcements</strong></p> <p><strong>CALL FOR PAPERS</strong><br />Volume 8 Issue 1 - June 2025</p> <p>Invites Research Articles in All Categories of Islamic Business and Management Journal.</p> <p>For online submission in https://ejournal.unida.gontor.ac.id/index.php/IBMJ/about/submissions <br />Information Contact : Bagas Bambang Pamujo: 081217492109</p>University of Darussalam Gontoren-USIslamic Business and Management Journal2622-6316The Effect of Profitability and Leverage on Company Value with Good Corporate Governance (GCG) as a Moderating Variable (Case Study on Real Estate/Property Companies Listed on the IDX for the 2021-2023 Period)
https://ejournal.unida.gontor.ac.id/index.php/IBMJ/article/view/14582
<p>Company value is a reflection of the company's good name during the company's operational activities in a certain period of time. Good company value can be an attraction for investors to invest. Company value is a long-term goal that must be achieved by the company. The value of a company is influenced by various factors, such as financial performance, namely profitability, leverage, and corporate governance (Good Corporate Governance). This study aims to determine the effect of profitability and leverage on company value. And to find out whether Good Corporate Governance (GCG) can moderate the relationship between profitability and leverage on the value of real estate/property sector companies listed on the IDX for the 2021-2023 period. The sampling technique in this study used a purposive sampling technique with 43 samples that met the research criteria. The data analysis method used the classical assumption test and multiple linear regression analysis. Hypothesis testing used the T statistical test, F statistical test, and coefficient of determination. The results of partial hypothesis testing show that profitability has no effect on company value, leverage has an effect on company value, GCG has an effect on company value, GCG is able to moderate the relationship between profitability and company value, and GCG is able to moderate the relationship between leverage and company value. Profitability and leverage simultaneously/jointly affect the value of property/real estate companies listed on the IDX for the 2021-2023 period.</p> <p>Keywords: Profitability, Leverage, Company Value, GCG.</p>Al Risma SudarwatiLintang Kurniawati
Copyright (c) 2025 IBMJ
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2025-05-062025-05-06811610.21111/ibmj.v8i1.14582The Effect Of Transaction Security On The Role Of Dana Application In Supporting Financial Activities (Case Study On Faculty Of Economic And Business Students Of Muhammadiyah University Of Surakarta In 2021)
https://ejournal.unida.gontor.ac.id/index.php/IBMJ/article/view/14586
<p>This study aims to analyze the influence of transaction security on the role of the DANA application in supporting financial activities among students. As digital wallets become increasingly prevalent in Indonesia, especially among youth, ensuring secure transactions is critical to fostering trust and continued use. The study adopts a quantitative approach using structured questionnaires distributed to students of the Faculty of Economics and Business, Universitas Muhammadiyah Surakarta, class of 2021. A total of 100 responses were collected and analyzed using the Partial Least Squares Structural Equation Modeling (PLS-SEM) method. Findings reveal that transaction security significantly influences users' perception and the continued use of DANA as a digital financial tool. Additional variables such as user trust and service quality were also found to support the role of DANA in facilitating daily financial transactions. This study suggests that strengthening digital security features is crucial for increasing the adoption and sustainability of e-wallet services like DANA.</p>Maria Yessa Putri LestariSuyatmin Waskito Adi
Copyright (c) 2025 IBMJ
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2025-05-062025-05-068171310.21111/ibmj.v8i1.14586The Effect Of Financial Distress, Sales Growth, Litigation Risk, Capital Intensity, And Leverage On Prudence
https://ejournal.unida.gontor.ac.id/index.php/IBMJ/article/view/14530
<p>The freedom given to companies to choose or establish the basic guidelines to be followed in order to prepare reports according to their needs is the flexibility being discussed. Because Financial Accounting Standards provide flexibility in the preparation of financial statements, there are differences in how accounting principles are applied to financial statements. The precautionary principle often referred to as prudence accounting is one of the guidelines that can be used. The application of prudence will result in low profit and asset statistics and high costs and debts. The SPSS version 26 program is used to test multiple linear regression. The population obtained was 460 property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) during 2019-2023. The sample used was 277 companies. The results of multiple linear tests in this research show that financial distress and capital intensity affect prudence. The higher the prediction of bankruptcy of a company and the company's capital, the higher the company will use the principle of prudence. Although sales growth, litigation risk, and leverage have no effect on prudence, this does not deny that a company does not look at other aspects to be more prudent.</p>Thoriq Azis BaharesziRina Trisnawati
Copyright (c) 2025 IBMJ
http://creativecommons.org/licenses/by-sa/4.0
2025-05-062025-05-0681143310.21111/ibmj.v8i1.14530