Digital banking and environmental impact: how Fintech supports carbon footprint reduction Bavornluck Kuosuwan, Asep Risman, Egor Dudukalov, Elena Kozlova Bio Web of Conferences, 2024 This study explores the impact of adoption of digital banking, digital payment volume, and customer awareness of green banking features on environmental sustainability, focusing on carbon footprint reduction in Asia. The findings indicate that digital banking is crucial in minimizing paper usage and reducing energy consumption, significantly lowering the carbon emissions associated with traditional banking operations. The research employs Structural Equation Modeling (SEM) to analyze data from 520 respondents, providing a comprehensive view of the direct and indirect relationships between digital banking practices and environmental outcomes. The results demonstrate that increased digital payment volume, combined with higher customer awareness of sustainability, reduces the reliance on paper-based banking and helps achieve broader environmental goals. The study highlights the mediating role of paper usage in lowering carbon footprints and underscores the importance of digital transformation and customer education in driving sustainable banking practices. This research contributes valuable insights for policymakers and financial institutions aiming to integrate fintech with sustainability initiatives.
Nexus between Financial Fundamentals and Automotive (Car) Industry. ARDL approach Asep Risman, Muhammad Imtiaz Subhani, Denis Ushakov E3s Web of Conferences, 2021 This paper is an attempt to investigate the nexus between the financial fundaments and the market share of automotive(car) industry of top 26 automotive producing nations. The time series data of change is stock prices, trading volumes of stocks and market shares of automotive industry of top 26 automotive producing nations were collected from data stream Eikon for the period from 2002 to 2014. ARDL approach was used to investigate the lag length nexus of financial fundaments with the market shares of automotive(car) industry. Further AR processes were also investigated for the series of automotive market shares. Findings confirmed the significant impact of change in stock prices on the Automobile (car) Market Sharesfor France, Hungary, Indonesia, Malaysia, Romania, South Africa, South Korea, Turkey and United States of America for lag1, while alsothe significant impact of change in stock priceson the Automobile (car)Market Shares were also found present for China, France, Hungary, Indonesia, Italy, Malaysia, Pakistan, Romania, South Africa and South Korea for lag 2. Findings further confirmed the impact of trading volumes for lag1 on the Automobile (car) Market Sharesfor Argentina, Brazil, France, Hungary, India, Italy, Japan, Pakistan, South Africa, South Korea and Taiwan. The impact of trading volumes for lag2 on the Automobile Market(car) Sharewere also found present for Brazil, Hungary, India, Italy, Romania, South Africa, Ukraine, United Kingdom and United States of America. Moreover, AR processes in market shares of automotive (car) industry for few from the outlined nations were also observed for the stated period.
Commodity prices, exchange rates and investment on firm's value mediated by business risk: A case from Indonesian stock exchange Asep Risman, Ubud Salim, Sumiati Sumiati, Nur European Research Studies Journal, 2017 This paper examines the influence of six commodity prices (Crude Oil, Coal, CPO, Gold, Nickel, Tin), exchange ratesand investment on the firm's value during the period 2010-2014, both directly and indirectly through the mediation of business risk.By applying Common Effect approach for panel data on path analysis model, we found the oil price and exchange rate (USD/IDR) are affect the firm's value, either directly or indirectly through business risk asmediation variable,but business risk does not mediate the effect of the investment on the firm's value.The study's findings support previous research results and evidence of theories, especially about the relationship of commodity prices, exchange rates, risks and value of the company.These results are useful for individual and institutional investors, managers and policy makers.
RECENT SCHOLAR PUBLICATIONS
Financial Technology (FinTech) F Nalurita, L Judijanto, H Hariyono, LPD Tampubolon, A Risman, ... PT. Sonpedia Publishing Indonesia , 2026 2026
The Effect of Capital Structure, Growth Company and Profitability on Value Company Moderated Good Corporate Governance (Gcg) and Sustainability Reporting (Study on Consumer … ISN Handayani, A Risman MAMEN: Jurnal Manajemen 5 (2), 434-448 , 2026 2026 Citations: 5
Moderating Role of Good Corporate Governance in the Effects of Green Finance, Leverage, and Profitability on Firm Value A Mardhiah, A Risman Asian Journal of Applied Business and Management 5 (1), 227-246 , 2026 2026
DEVELOPMENT OF SELF-LEADERSHIP TOWARDS MICRO-ENTERPRISE SUSTAINABILITY OF INDONESIAN MIGRANT MICRO-ENTREPRENEURS IN PINANG MALAYSIA M NURHAYATI, A RISMAN, S RAHMANI, R ASTINI, E ENDRI, ... ICCD 7 (1), 457-465 , 2025 2025
The Determinant of Energy Firms' Value Through Reference Coal Prices, Capital Structure, Sales Growth, and Profitability: Case Study of Coal Company. M Yasin, A Risman KnE Social Sciences 10 (22) , 2025 2025 Citations: 12
Leveraging digital finance literacy to enhance financial inclusion for migrant communities in Malaysia A Risman, AD Syarif Jurnal Penyuluhan dan Pemberdayaan Masyarakat 4 (3), 233-239 , 2025 2025 Citations: 11
The behavioral finance of the digital gold market: Heuristics, overconfidence bias, and market sentiment AP Prihanto, A Risman The Indonesian Accounting Review 15 (1), 37-46 , 2025 2025 Citations: 4
The impact of sustainable financing, dividend policy, and capital structure on firm value: An empirical study of banks listed on the Indonesia Stock Exchange EJ Rusdi, A Risman Jurnal Ilmiah Manajemen dan Bisnis 11 (2), 130-143 , 2025 2025 Citations: 15
The determinants of firm value: Commodity prices, exchange rates, inflation, and business risk as intervening variable P Nugraheni, A Risman International Journal of Indonesian Business Review 4 (1), 76-87 , 2025 2025 Citations: 42
Manajemen risiko L Judijanto, M Shalihah, DE Desi, SY Kusumastuti, DH Rahayu, ... PT. Sonpedia Publishing Indonesia , 2025 2025 Citations: 25
Penggunaan risiko environmental, social, governance dalam proses identifikasi, pengukuran, pemantauan dan pengendalian dalam bisnis berkelanjutan (literature review) R Gustanto, A Risman Realible Accounting Journal 4 (2), 161-172 , 2025 2025 Citations: 57
Manajemen keuangan: Teori dan praktik dalam mencapai financial freedom AR Amaliyah, L Judijanto, A Apriyanto, A Rustam, N Pardjono, DE Desi, ... PT. Sonpedia Publishing Indonesia , 2025 2025 Citations: 52
MANAJEMEN RISIKO KEUANGAN DIGITAL: TANTANGAN DAN STRATEGI DI ERA TRANSFORMASI TEKNOLOGI N Aryani, A Risman May). doi 10 , 2025 2025 Citations: 1
Pengaruh Bias Heuristik, Perilaku Herding, Dan Persepsi Risiko Terhadap Keputusan Investasi: Studi Empiris Pada Investor Muda. June R Mulyasari, A Risman 2025 Citations: 2
The effect enterprise risk management, sustainable banking disclosure, financial inclusion on firm’s value L Wahyuningsih, A Risman Indikator: Jurnal Ilmiah Manajemen dan Bisnis 9 (1), 76-86 , 2025 2025 Citations: 52
The role of financial performance in mediating the effect of sustainability on firm value: A study on property and real estate companies A Pamungkas, A Risman The EUrASEANs: Journal on Global Socio-Economic Dynamics 2 (51), 222-234 , 2025 2025 Citations: 52
Strategi Manajemen Risiko Keuangan UMKM di Era Digital untuk Menghadapi Ketidakpastian Finansial M Farianda, A Risman ResearchGate. DOI 10 , 2025 2025 Citations: 2
Manajemen Risiko Keuangan Digital: Strategi Mitigasi Risiko dalam Era Transformasi Digital PA Nainggolan, A Risman Mercu Buana University 1 (1), 1-27 , 2025 2025 Citations: 3
Analisis Value At Risk (VaR) Portofolio: Metode Variance-covariance, Historical Simulation, dan Monte Carlo N Aryani, A Risman Jurnal Matematika Komputasi Dan Statistika, May. https://doi. org/DOI 10 , 2025 2025 Citations: 1
Peningkatan Kinerja dan Keberlanjutan Bisnis UMKM Melalui Keuangan Digital A Risman, BLE Saputra Jurnal Pengabdian Masyarakat Bangsa 2 (8), 3499-3506 , 2024 2024 Citations: 33
MOST CITED SCHOLAR PUBLICATIONS
The effect of digital finance on financial stability A Risman, B Mulyana, B Silvatika, A Sulaeman Management Science Letters 11 (7), 1979-1984 , 2021 2021 Citations: 264
The behavioral finance of MSMEs in the advancement of financial inclusion and financial technology (Fintech) A Risman, AJ Ali, M Soelton, I Siswanti 2022 Citations: 159
Nexus between Financial Fundamentals and Automotive (Car) Industry. ARDL approach A Risman, MI Subhani, D Ushakov E3S Web of Conferences 244, 08015 , 2021 2021 Citations: 147
Behavioral Corporate Finance A Risman, EPI Siswanti. 2021 Citations: 140
Kurs Mata Uang dan Nilai Perusahaan A Risman Pena Persada , 2021 2021 Citations: 136
Business Plan Counseling In Creating Micro-Entrepreneurship At Kemanggisan-Jakarta M SOELTON, D PERMANA, Y RAMLI, A HANAFIAH, S KARYATUN, ... ICCD 5 (1), 266-271 , 2023 2023 Citations: 132
The Behavioral Finance of MSME: Digital Finance, Managerial Biases, Financial Literacy A Risman Dinasti International Journal of Economics, Finance & Accounting 5 (2), 641-649 , 2024 2024 Citations: 124
The Behavioral Islamic Finance: Conceptual Framework and Literature Review A Risman Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) 7 (2), 3216 … , 2024 2024 Citations: 121
The mediating role of firm’s performance on the relationship between free cash flow and capital structure A Risman, P Parwoto, AS Sulaeman Psychology and Education Journal 58 (1), 1209-1216 , 2021 2021 Citations: 121
Commodity prices, exchange rates and investment on firm’s value mediated by business risk: A case from Indonesian stock exchange A Risman, U Salim, S Sumiati, NK Indrawati University of Piraeus. International Strategic Management Association , 2017 2017 Citations: 113
Determination of the firm’s performance through Islamic corporate governance, Islamic intellectual capital and company size: Case studies on Indonesian Islamic banks (2018–2021) A Risman, A Susanti The EUrASEANs: Journal on Global Socio-Economic Dynamics,(6 (43), 202-213 … , 2023 2023 Citations: 111
The Behavioral Finance of MSMEs: Financial Inclusion and Financial Technology N Huda, A Risman Indikator: Jurnal Ilmiah Manajemen dan Bisnis 8 (2), 19-29 , 2024 2024 Citations: 89
Digital banking and environmental impact: How Fintech supports carbon footprint reduction B Kuosuwan, A Risman, E Dudukalov, E Kozlova BIO Web of Conferences 145, 05017 , 2024 2024 Citations: 88
The Effect of Risk Management on Profitability: Empirical Study of Banking Companies Listed in Indonesian Stock Exchange 2019-2023 DA Ainunnisa, D Oktaviani, A Risman Indikator: Jurnal Ilmiah Manajemen dan Bisnis 8 (3), 99-109 , 2024 2024 Citations: 87
Performance analysis of protected fund and equity fund using Sharpe, Treynor, Jensen M Ningrum, A Risman Indikator: Jurnal Ilmiah Manajemen dan Bisnis 6 (1), 52-62 , 2022 2022 Citations: 83
Creating Character Building Against Drugs Abuse On Youth Organization Y Ramli ICCD , 2021 2021 Citations: 81
Evaluation of Equity Mutual Funds Portfolio Performance In Indonesia Using Sharpe, Treynor And Jensen Methods A Riandini, A Risman The EUrASEANs: Journal on Global Socio-Economic Dynamics,(3 (34), 34-40 … , 2022 2022 Citations: 78
The Islamic Perspective of Gold-Based Investment: The Case of Indonesia. Tazkia Islamic Finance and Business Review, 18 (1), 1–17 A Risman, M Markonah, J Mubarok, BLE Saputra 2024 Citations: 73
The behavioral finance of MSME in Indonesia: financial literacy, financial technology (fintech), and financial attitudes FS Rahayu, A Risman, I Firdaus, L Haningsih International Journal of Digital Entrepreneurship and Business 4 (2), 95-107 , 2023 2023 Citations: 68
Determinants of Firm's Value through Capital Structure, Financial Performance, and Company Growth R Alwan, A Risman Indikator: Jurnal Ilmiah Manajemen dan Bisnis 7 (2), 81-89 , 2023 2023 Citations: 63
