https://www.jurnal-mnj.stiekasihbangsa.ac.id/index.php/KBIJMAF/issue/feed 2025-10-18T09:38:32+07:00 Tanti Sugiarti LPPM@stiekasihbangsa.ac.id Open Journal Systems <p style="text-align: justify;"><strong> <strong>International Journal of Management, Accounting &amp; Finance (KBIJMAF)</strong><span style="font-weight: 400;"> is a peer-reviewed international journal published by STIE Kasih Bangsa Institute of Research and Community Services/Lembaga Penelitian dan Pengabdian kepada Masyarakat. The journal disseminates contemporary research, prominent theories, and exemplary practices in the fields of management, accounting, and finance from a global perspective. Encompassing a wide-ranging scope, the journal features articles addressing diverse topics, including but not limited to strategic management, financial accounting, risk management, investment analysis, and corporate finance. Additionally, the journal presents interdisciplinary research which synthesizes management, accounting, and finance concepts with other disciplines, such as economics, psychology, and sociology. This publication is issued quarterly in <strong>January, April, July, and October.</strong></span></strong></p> https://www.jurnal-mnj.stiekasihbangsa.ac.id/index.php/KBIJMAF/article/view/366 2025-10-11T08:22:47+07:00 Amri Amrulloh amri@pnm.ac.id Halleina Rejeki Putri Hartono halleina@pnm.ac.id Yopie Diondy Kurniawan yopie86@pnm.ac.id Nyimas Mahani Almasah yopie86@pnm.ac.id

<p><em>This study aims to analyze the effect of financial performance on firm value in transportation sector companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. The research uses a quantitative approach with a causal associative method, employing secondary data obtained from annual financial statements and capital market databases. Financial performance is measured using three indicators—Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE)—while firm value is measured using Earnings Per Share (EPS) and Price to Book Value (PBV). Data analysis is conducted using the Structural Equation Modeling (SEM) approach based on Partial Least Squares (SmartPLS). The results show that financial performance has a positive and significant effect on firm value, as indicated by a path coefficient of 0.8622, a t-statistic of 31.2125, and a p-value of 0.000. These findings imply that the better a company’s financial performance, the higher its firm value. The results also support the Signaling Theory, which explains that strong financial performance serves as a positive signal to investors about a company’s future prospects. The study highlights the strategic importance of profitability improvement, cost efficiency, and transparency in financial reporting to enhance firm value and strengthen investor confidence, especially in the transportation sector that plays a crucial role in post-pandemic economic recovery.</em></p>

2025-10-15T00:00:00+07:00 Copyright (c) 2025 International Journal of Management, Accounting & Finance (KBIJMAF) https://www.jurnal-mnj.stiekasihbangsa.ac.id/index.php/KBIJMAF/article/view/361 2025-10-18T09:38:32+07:00 Cori Qamara coriqamara@faperta.unmul.ac.id Tri Hendarto trihendrto@gmail.com Yustinus C Sinaga yustinuscsinaga@gmail.com Revaldo Adhi Pramana revaldoadhipermana@gmail.com I Putu Gede Didik Widiarta didikwidiarta9@gmail.com

<p><em>Degraded post-mining lands in East Kalimantan suffer from low soil fertility, reduced biodiversity, and limited economic value for local communities. Previous efforts, such as monoculture reforestation or single-sector agriculture, have produced limited ecological recovery and economic resilience. This study aims to develop a community-based sustainable business model and assess the ecological and economic impacts of an integrated cattle–forage–stingless bee system in post-mining regions. A mixed-methods approach combined qualitative techniques (in-depth interviews, focus group discussions) with quantitative analyses (carbon footprint, R/C ratio, B/C ratio) across five regencies, involving five key informants and thirty farmers. The system advances SDGs by increasing income through diversified products (SDGs 1, 2, 8), converting degraded land into carbon sinks (-12.05 tCO<span style="font-family: 'Times New Roman',serif;">₂</span>e/ha/year) (SDGs 13, 15), and supporting biodiversity through pollination (SDG 15). Its cyclical approach, aligned with SDG 12, transforms wastelands into sustainable agricultural landscapes, addressing climate and livelihood challenges. This is the first empirical study to link carbon sequestration and biodiversity gains with economic viability in a three-tier cattle–forage–stingless bee integration for post-mining landscapes.</em></p>

2025-10-22T00:00:00+07:00 Copyright (c) 2025 International Journal of Management, Accounting & Finance (KBIJMAF)