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Naelati Tubastuvi

Publications (14)

What Drives Students to Invest?: Empirical Insight from the Capital Market Landscape

Desi Kuat Prichatin, Naelati Tubastuvi, Wida Purwidianti & Arini Hidayah · Asian Journal of Economics, Business and Accounting · 2025

Aims: This study aims to determine the factors that influence the interest in investing in the capital market for students. Study Design: This study is quantitative research investigating the influence of motivation, capital market knowledge, risk preference, and minimum capital...

Open access Research Article 10.9734/ajeba/2025/v25i71884

Ratio Analyses Estimating Financial Risk: Econometric Study Retail Companies the Indonesia Stock Exchange 2020-2023

Nisa Rizqi Yuniar, Naelati Tubastuvi, Erna Handayani & Restu Frida Utami · South Asian Journal of Social Studies and Economics · 2024

Aims: This study analyses the effect of activity ratios, sales growth, profitability, and company size on the financial distress of retail companies on the Indonesia Stock Exchange from 2020 to 2023. Study Design: The study uses data on activity ratios, sales growth, profitabilit...

Open access Research Article 10.9734/sajsse/2024/v21i12933

The Impact of Firm Characteristics on Firm Value: Evidence from Indonesia Stock Exchange

Zamroni, Naelati Tubastuvi, Ika Yustina Rahmawati & Irawan Randikaparsa · Asian Journal of Economics, Business and Accounting · 2024

Objective: Knowing the influence between dividend policy, investment decisions, funding decisions, firm size, and managerial ownership on firm value. Study Design: The population in this study are companies in the primary consumer goods and non-primary consumer goods sectors list...

Open access Research Article 10.9734/ajeba/2024/v24i81460

The Influence of Financial Literacy, Financial Attitude, Lifestyle, and Financial Inclusion on Financial Behavior in MSMEs

Arum Swastika, Wida Purwidianti, Naelati Tubastuvi & Arini Hidayah · South Asian Journal of Social Studies and Economics · 2026

This study aims to analyze the influence of financial literacy, financial attitudes, lifestyle, and financial inclusion on the financial behavior of MSMEs in Banyumas Regency. Financial behavior is an individual's ability to manage, plan, and control personal and business funds t...

Open access Research Article 10.9734/sajsse/2026/v23i11251

Corporate Governance, Size, and Growth: Do they Drive Financial Performance? Evidence from Indonesia's Consumer Non-cyclical Sector

Dian Nopitasari, Maulida Nurul Innayah, Naelati Tubastuvi & Totok Haryanto · South Asian Journal of Social Studies and Economics · 2025

Aims: This study aims to analyze the influence of corporate governance, company size, and company growth on financial performance in the consumer non-cyclicals sector. Study Design: This study uses a quantitative approach with secondary data and multiple linear regression analysi...

Open access Research Article 10.9734/sajsse/2025/v22i81123

Moderating Effects of Gender Diversity and Company Size on the Financial Determinants of Firm Value

Dewi Hanggoro Ratri, Wida Purwidianti, Naelati Tubastuvi & Dian Widyaningtyas · Asian Journal of Economics, Business and Accounting · 2025

Aims: Moderating effects is critical to corporate finance and governance. This study explores how gender diversity and firm size alter the influence between the key financial drivers of profitability, capital structure, and current ratio on firm value. Study Design: This Study is...

Open access Research Article 10.9734/ajeba/2025/v25i71908

Unveiling the Drivers of Stock Prices: The Mediating Role of Intrinsic Value in Indonesia's Consumer Non-cyclical Sector

Andi Setia Aziz, Maulida Nurul Innayah, Naelati Tubastuvi & Luthfi Zamakhsyari · Asian Journal of Economics, Business and Accounting · 2025

Aims: This study examines how profitability, leverage, liquidity, and asset efficiency affect stock prices, and whether intrinsic value mediates these relationships in non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX). Study Design: A quantitativ...

Open access Research Article 10.9734/ajeba/2025/v25i71903

Financial Behavior of University Students: A Theory of Planned Behavior Approach Through Cognitive, Socioeconomic, and Psychological Lenses

Dwi Sinta Anggraeni, Ika Yustina Rahmawati, Naelati Tubastuvi & Restu Frida Utami · South Asian Journal of Social Studies and Economics · 2025

University students' financial behavior has been greatly impacted by the growing integration of digital technologies like e-wallets, mobile banking, and online shopping platforms, which frequently encourage impulsive spending. This study examines the effects of financial attitude...

Open access Research Article 10.9734/sajsse/2025/v22i71071

Impact of Electronic Word of Mouth, Online Customer Review, Product Quality, and Service Quality on Purchasing Decisions on Shopee E-Commerce

Azalia Kumala Firjatillah, Erny Rachmawati, Naelati Tubastuvi & Luthfi Zamakhsyari · Asian Journal of Economics, Business and Accounting · 2025

Objective: Study is to test the impact of electronic word of mouth (EWOM), online customer review (OCR), product quality, and service quality on purchasing decisions. Research Design: This is a quantitative research, with data collection using online questionnaires and the popula...

Open access Research Article 10.9734/ajeba/2025/v25i11647

Effect of Financial Factors on Saving Decision of Z Generation

Daffa Ammar Nurrafi, Wida Purwidianti, Naelati Tubastuvi & Alfalisyado · Asian Journal of Economics, Business and Accounting · 2024

Aims: This study aims to analyze the influence of financial literacy, materialism, financial behavior, and financial attitude on saving decisions in Generation Z. Study Design: This study uses a quantitative approach and purposive sampling technique. The sample used was 105 respo...

Open access Research Article 10.9734/ajeba/2024/v24i81470

The Mediating Role of Financial Literacy in the Characteristics of Msmes and Financial Technology on MSME Sustainability

Muhammad Ikhsanuddin, Ika Yustina Rahmawati, Naelati Tubastuvi & Irawan Randikaparsa · South Asian Journal of Social Studies and Economics · 2024

Objective: To determine the influence of MSME and Fintech Characteristics on MSME Sustainability with Financial Literacy as mediation, by developing mathematical models and hypotheses related to phenomena. Research Design: The research I use is quantitative, which is systematic r...

Open access Research Article 10.9734/sajsse/2024/v21i8874

Challenges in Millennials Investment Decision: A Study of Behavioural Biases

Muhammad Fatkhurrozi, Maulida Nurul Innayah, Naelati Tubastuvi & Mastur Mujib Ikhsani · Asian Journal of Economics, Business and Accounting · 2024

Aims: This research aimed to analyze the effect of Cognitive Dissonance Bias, Overconfidence Bias, Herding Bias, Endowment Bias, and Confirmation Bias on the investment decisions of the millennial generation in the capital market. Study Design:  The sampling method used in this s...

Open access Research Article 10.9734/ajeba/2024/v24i51293

Analysis of Corporate Financial Performance in Indonesia’s Transportation and Logistic Sector

Shelomita Candra Herdiana, Ika Yustina Rahmawati, Naelati Tubastuvi & Restu Frida Utami · Asian Journal of Economics, Business and Accounting · 2023

Aims: To examine the effect of the board of directors, board of commissioners, independent board of commissioners, capital structure, liquidity, and sales growth on the company's profitability. Study Design: Dependent variable: profitability, independent variables: board of direc...

Open access Research Article 10.9734/ajeba/2023/v23i241194

Implementation of Financial Ratios: Evidence from the Indonesia Stock Exchange

Rizki Nurfian, Ika Yustina Rahmawati, Naelati Tubastuvi & Fatmah Bagis · Asian Journal of Economics, Business and Accounting · 2023

Objective: Knowing the influence between capital structure, intellectual capital, and good corporate governance mechanisms on the company's financial performance. Study Design: The population in this study consists of 87 primary consumer goods sector companies listed on the Indon...

Open access Research Article 10.9734/ajeba/2023/v23i231178