https://ejournal.umm.ac.id/index.php/jofei/issue/feed Journal of Financial Economics & Investment 2024-09-30T00:00:00+07:00 Firdha Aksari Anindyntha jofei@umm.ac.id Open Journal Systems <h3><strong>Journal of Financial Economics &amp; Investment</strong></h3> <table class="data" style="height: 296px;" width="575" bgcolor="#f0f0f0"> <tbody> <tr valign="top"> <td width="20%">Journal title</td> <td width="80%"><strong>Journal of Financial Economics &amp; Investment </strong></td> </tr> <tr valign="top"> <td width="20%">Initials</td> <td width="80%"><strong>JOFEI</strong></td> </tr> <tr valign="top"> <td width="20%">Frequency</td> <td width="80%"><strong>3 issues per year (January, May and September) </strong></td> </tr> <tr valign="top"> <td width="20%"> <p>Online ISSN</p> <p>P-ISSN</p> </td> <td width="80%"> <p><a href="https://portal.issn.org/resource/ISSN/2808-9413"><strong>2808-9413</strong></a></p> <p><strong><a href="https://portal.issn.org/resource/ISSN/2987-2820">2987-2820</a></strong></p> </td> </tr> <tr valign="top"> <td width="20%">Editor-in-chief</td> <td width="80%"><strong>Idah Zuhroh</strong></td> </tr> <tr valign="top"> <td width="30%">Managing Editor</td> <td width="70%"><strong>Firdha Aksari Anindyntha</strong></td> </tr> <tr valign="top"> <td width="20%">Publisher</td> <td width="80%"><a href="https://www.umm.ac.id/"><strong>Universitas Muhammadiyah Malang</strong></a></td> </tr> <tr valign="top"> <td width="20%">Indexing</td> <td width="80%"><strong><a title="Scholar JOFEi" href="https://scholar.google.com/citations?user=01-6atcAAAAJ&amp;hl=en" target="_blank" rel="noopener">Scholar</a> | <a title="Garuda JOFEi" href="https://garuda.kemdikbud.go.id/journal/view/24499" target="_blank" rel="noopener">Garuda</a><br /></strong></td> </tr> </tbody> </table> <p><strong>Journal of Financial Economics &amp; Investment (JOFEI)</strong> is published by the Department of Development Economics, Faculty of Economics and Business, University of Muhammadiyah Malang. This journal is used as a source of information about scientific works in the field of financial economics and investment for every academician, especially lecturers, students and alumni of the University of Muhammadiyah Malang, and other authors.</p> https://ejournal.umm.ac.id/index.php/jofei/article/view/32823 PENGARUH PAJAK DAERAH, PAJAK RETRIBUSI, DAN PAJAK OTONOMI DAERAH TERHADAP PENDAPATAN ASLI DAERAH MALANG RAYA 2024-06-29T10:37:30+07:00 Fariz Wijayanto fariswijaya02@gmail.com Setyo Wahyu Sulistyono setyowahyu88@umm.ac.id <p><em>This study aims to analyze the influence of regional taxes, retributions, and regional autonomy taxes on the original local government revenue of Malang areas, such as Malang City, Malang Regency, and Batu City in the 2013-2022 periods. This research uses a quantitative approach. The research data was collected using documentation techniques from the Bappeda of Malang City, Malang Regency, and Batu City to explore more detailed data on various aspects, such as local taxes, retributions, regional autonomy taxes, and original local government revenue, in the Malang areas. Data analysis consisted of descriptive statistical analysis, classical assumption test, and multiple linear regression analysi. The results of this study show that local taxes, retributions, and regional autonomy taxes have a significant effect on original local government revenue of Malang City, Malang Regency, and Batu City.</em></p> 2024-09-30T00:00:00+07:00 Copyright (c) 2024 Fariz Wijayanto, Setyo Wahyu Sulistyono https://ejournal.umm.ac.id/index.php/jofei/article/view/34148 PENGARUH RASIO KEUANGAN TERHADAP FINANCIAL DISTRESS DENGAN PENDEKATAN SPRINGATE (S-SCORE) 2024-09-10T15:18:51+07:00 Vina Ayundasari vinaayunda01@gmail.com Eris Tri Kurniawati eristrikurniawati@umm.ac.id <p><em>Prediction analysis results financial distress can be used to minimize losses for internal or external parties as a result of bankruptcy experienced by the company, as well as predicting the continued existence of the company concerned. </em><em>The aim of this research is to analyze the influence of liquidity ratios, profitability ratios, non-performing credit ratios and effectiveness ratios on financial distress. </em><em>The population in this research is Sharia People's Financing Banks (BPRS) in East Java which are registered with the Financial Services Authorit</em><em>y</em><em> in 2018-2022. The data analysis method for this research uses panel data regression analysis. Based on research results regarding the influence of liquidity ratios, profitability ratios, non-performing credit ratios and effectiveness ratios on financial distress at BPRS in East Java. The liquidity ratio has a positive and insignificant effect on financial distress. The profitability ratio has a positive and significant effect on financial distress. The non-performing loan ratio has a negative and insignificant effect on financial distress. The effectiveness ratio has a negative and significant effect on financial distress.</em></p> 2024-09-30T00:00:00+07:00 Copyright (c) 2024 Vina Ayundasari, Eris Tri Kurniawati https://ejournal.umm.ac.id/index.php/jofei/article/view/32868 ANALISIS TEKNIKAL DAN FUNDAMENTAL TERHADAP HARGA SAHAM PADA PERUSAHAN ROKOK DI BURSA EFEK INDONESIA SAAT PANDEMI COVID TAHUN 2020-2022 2024-06-29T10:36:55+07:00 Geovany Ilyas Putra putrageo005@gmail.com Dwi Susilowati dwi_s@umm.ac.id <p><em>Penelitian ini bertujuan untuk mengetahui adanya pengaruh analisis teknikal dan fundamental terhadap harga saham pada perusahan rokok di bursa efek indonesia saat pandemi covid tahun 2020-2022. Data yang digunakan bersumber dari Bursa Efek Indonesia (BEI). Analisis yang digunakan dalam penelitian ini adalah analisis regresi data panel dengan menggunakan pendekatan Fixed Effect Model (FEM) untuk mengetahui adanya pengaruh antara analisis teknikal dan fundamental terhadap harga saham. Berdasarkan hasil analisis menunjukkan bahwa analisis teknikal dan fundamental berpengaruh terhadap harga saham pada perusahaan rokok yang terdaftar di bursa efek indonesia<u>.</u></em></p> 2024-09-30T00:00:00+07:00 Copyright (c) 2024 Geovany Ilyas Putra, Dwi Susilowati https://ejournal.umm.ac.id/index.php/jofei/article/view/34156 DAMPAK DATA SECURITY TERHADAP ADOPSI PENGGUNAAN FINTECH BAGI GEN Z 2024-08-06T08:58:51+07:00 Rindi Andini rindiandini29m@gmail.com Happy Febrina Hariyani happyfebrina@umm.ac.id <p><em>This research aims to determine empirically the influence of perceived ease of use (PEU), perceived usefulness (PU), and data security (DAS) on Fintech adoption intentions through Fintech promotion (FP), and customer trust (CT) in FINTECH for Gen Z . Data from 100 people aged between 15 and 25 years who have filled out the questionnaire. This quantitative research uses a cross-sectional research design, and data is analyzed using the Partial Least Square (PLS)-Structural Equation Modeling (SEM) technique. This research will add to the existing literature on Fintech service adoption by providing new understanding of the factors that determine user behavior in adopting Fintech services. Therefore, this research can help regulators regarding data security through proper IT infrastructure can help increase Fintech adoption. Additionally, the findings of this research also demonstrate the importance for Fintech innovators to understand their customers' attitudes regarding data transparency and security. </em></p> 2024-09-30T00:00:00+07:00 Copyright (c) 2024 Rindi Andini, Happy Febrina Hariyani https://ejournal.umm.ac.id/index.php/jofei/article/view/35385 PENGARUH STRUKTUR MODAL, PROFITABILITAS, DAN INFLASI TERHADAP HARGA SAHAM SUB SEKTOR FARMASI 2024-08-01T10:01:48+07:00 Rifadhatul Millah rifadhatul12@gmail.com Dwi Susilowati dwi_s@umm.ac.id Syamsul Hadi syamsul@umm.ac.id <p><em>The pharmaceutical industry is the fourth largest non-oil and gas manufacturing industry contributing to the national economy. With its strong potential and being one of the engines of economic growth, the pharmaceutical industry plays an important role in the industrial landscape in Indonesia. The aim of this research is to analyse the influence of capital structure, profitability and inflation on pharmaceutical stock prices. The population in this research are companies operating in the pharmaceutical sector and listed on the Indonesia Stock Exchange (BEI) in 2017-2021. The sample method for this research uses a purposive sampling method, namely companies that always publish financial reports for 5 periods from 2017 to 2021. So a sample of 6 pharmaceutical companies was obtained with a total of 12 observation data. This research uses secondary data with research data collection techniques in the form of documentation methods. The data analysis used is panel data regression analysis. The results of this research show that together capital structure, profitability and inflation have a positive and significant influence on pharmaceutical stock prices, where if the values ​​of these three variables increase, pharmaceutical stock prices will also increase.</em></p> 2024-09-30T00:00:00+07:00 Copyright (c) 2024 Rifadhatul Millah, Dwi Susilowati, Syamsul Hadi