Article Per Year (5 Year)
p-Index From 2021 - 2026
0.751
P-Index
This Author published in this journals
All Journal Return : Study of Management, Economic and Bussines Jurnal Ekonomi, Teknologi dan Bisnis Journal of Economic Development and Village Building
Diana Magfiroh
Universitas Cendekia Mitra Indonesia, Indonesia
Astronomy Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Engineering Environmental Science Industrial & Manufacturing Engineering Mechanical Engineering

Published : 4 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 4 Documents
Search

 1 
AnalysisAnalysis of Gold Price Fluctuations in Indonesia in the Third Quarter of 2025 of Gold Price Fluctuations in Indonesia in the Third Quarter of 2025 Diana Magfiroh; Komarudin Komarudin
Return : Study of Management, Economic and Bussines Vol. 4 No. 10 (2025): Return: Study of Management, Economic and Business
Publisher : PT. Publikasiku Academic Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57096/return.v4i10.448

Abstract

This study examines the fluctuations of domestic gold prices in Indonesia during the third quarter of 2025, which were influenced by complex interactions between global and domestic macroeconomic factors. Gold plays a crucial role as an investment instrument and hedge asset, making it important to understand the determinants of its price movements, particularly in emerging markets such as Indonesia. This research aims to analyze the influence of external factors, including world gold prices, rupiah exchange rates, global inflation, and global interest rates, on domestic gold price fluctuations. This study employs a quantitative approach using time series data for the period July–September 2025. The analysis methods include multiple linear regression (OLS) to examine the simultaneous effects of variables, the GARCH model to analyze volatility patterns, and the Granger causality test to identify causal relationships among variables. The results indicate that world gold prices and rupiah exchange rates have a significant and dominant influence on domestic gold prices, while global interest rates also show a meaningful effect. In contrast, global inflation does not have a significant direct impact. Furthermore, gold price volatility exhibits a clustering pattern, indicating that periods of high volatility tend to be followed by similar conditions. In conclusion, domestic gold price movements in Indonesia are strongly driven by external macroeconomic factors, particularly global gold prices and exchange rate dynamics. This study contributes to the literature by integrating regression, volatility, and causality analysis within a specific quarterly context. The findings imply that investors and policymakers should closely monitor global economic indicators to manage risks and formulate effective strategies in responding to gold market fluctuations
Evaluating Corporate Financial Performance: A Profitability Ratio Approach Aurelia Widya Astuti; Kiflu Chekole Tekle; Alemayehu Abera Lema; Diana Magfiroh
Jurnal Ekonomi Teknologi dan Bisnis (JETBIS) Vol. 4 No. 11 (2025): Jurnal Ekonomi, Teknologi dan Bisnis
Publisher : Al-Makki Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57185/qs4g0w42

Abstract

Corporate financial performance evaluation is essential for guiding strategic decision-making by managers, investors, and stakeholders, yet raw financial data alone provides limited insight without a structured interpretive framework. This study aims to evaluate the financial performance of PT Dunia Virtual Online Tbk by applying four profitability ratios Gross Profit Margin (GPM), Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE) simultaneously within a unified analytical framework. A descriptive quantitative research design was employed, with data sourced from the company's audited financial statements for the period ending 31 March 2025. Each ratio was calculated using standardized formulas derived from the income statement and balance sheet, encompassing net sales of IDR 14,567,561,590, cost of goods sold of IDR 6,917,131,209, net income of IDR 2,028,267,985, total assets of IDR 301,240,237,537, and total equity of IDR 234,410,798,865. The results show that GPM reached 52.52%, reflecting strong production cost efficiency; NPM was recorded at 13.92%, indicating effective overall cost management; while ROA and ROE were notably low at 0.67% and 0.87% respectively, suggesting that the company's substantial asset and equity base has not yet been fully optimized to generate proportional returns. These findings reveal a dual performance profile: high operational efficiency at the production and cost management level, contrasted with low capital utilization efficiency—consistent with characteristics of a company in an active investment and asset accumulation phase. This study concludes that an integrated multi-ratio approach yields a more comprehensive and diagnostically precise assessment of corporate financial health than single-indicator analysis, offering actionable insights for both internal management and external investors.
The Impact of Agricultural E-Commerce on Smallholder Incomes and Supply Chains: Evidence from Garut, West Jawa Diana Magfiroh; Kiflu Chekole Tekle; Ginna Novarianti Dwi Putri Pramesti
Journal of Economic Development and Village Building Vol. 3 No. 2 (2025): Journal of Economic Development and Village Building
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jedvb.v3i2.51

Abstract

The rapid development of digital technology has created new opportunities to improve agricultural marketing systems, particularly for smallholder farmers who often face limited market access and long supply chains dominated by intermediaries. This study investigated the influence of agricultural e-commerce on enhancing the income of smallholder farmers and developments in the supply chain in the Garut region of West Java. The present study collected and analyzed quantitative and qualitative data using a mixed-method approach, surveying 250 smallholder farmers who use e-commerce platforms. It was found from the results that the adoption of e-commerce significantly increased farmers' monthly income from an average of 2.85 million to 4.15 million rupiah. The structure of the supply chain has also altered, with a significant reduction in the number of intermediaries from 3-4 to 1-2 intermediaries. Conversely, farmers' shares of the final price of products in cases such as organic vegetables have increased by 78 percent. Regression analysis further verified that factors such as education level, digital literacy, and the reduction of intermediaries have contributed most to explaining income changes. Though the findings showed the relative success of these platforms, some major challenges were pinpointed, such as logistics costs at a score of 4.6 and limited digital literacy at a score of 4.2. This paper concludes that agricultural e-commerce development relies on simultaneous consideration of the three axes: logistics infrastructure development, enhancement of digital capability by farmers, and adjustment in cultivation patterns.
Efektivitas Program QRIS Bank Indonesia terhadap Peningkatan Inklusi Keuangan Digital UMKM di Daerah Tertinggal, Terdepan, dan Terluar (3T) Nurhaliza Nurhaliza; Diana Magfiroh; Ginna Novarianti Dwi Putri Pramesti
Jurnal Ekonomi Teknologi dan Bisnis (JETBIS) Vol. 5 No. 5 (2026): Jurnal Ekonomi, Teknologi dan Bisnis
Publisher : Al-Makki Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57185/b36ah286

Abstract

Inklusi keuangan digital menjadi prioritas strategis nasional, sebagaimana termuat dalam RPJPN 2025–2045 dengan target capaian 91%. Program Quick Response Code Indonesian Standard (QRIS) yang diluncurkan Bank Indonesia sejak 2019 mencatat pertumbuhan signifikan, di mana hingga triwulan I 2025 terdapat 56,3 juta pengguna dengan 38,1 juta di antaranya merupakan pelaku UMKM. Namun demikian, disparitas adopsi QRIS antara wilayah perkotaan dan daerah 3T masih menjadi persoalan krusial, mengingat keterbatasan infrastruktur digital, rendahnya literasi keuangan, dan minimnya akses internet di kawasan tersebut belum teratasi secara menyeluruh. Tujuan: Penelitian ini bertujuan menganalisis efektivitas implementasi program QRIS Bank Indonesia dalam meningkatkan inklusi keuangan digital UMKM di daerah 3T, serta mengidentifikasi faktor penghambat dan pendorong adopsinya. Penelitian menggunakan pendekatan mixed methods dengan desain sekuensial eksplanatori. Data kuantitatif diperoleh melalui survei terhadap 320 pelaku UMKM di empat kabupaten kategori 3T di wilayah Indonesia Timur, dianalisis menggunakan Structural Equation Modeling (SEM). Data kualitatif dikumpulkan melalui wawancara mendalam dengan pemangku kepentingan terkait dan dianalisis secara tematik. Hasil penelitian menunjukkan bahwa program QRIS berpengaruh positif dan signifikan terhadap peningkatan inklusi keuangan digital UMKM di daerah 3T, namun efektivitasnya masih terhambat oleh keterbatasan infrastruktur jaringan, rendahnya literasi digital pelaku usaha, serta kurangnya pendampingan berkelanjutan dari lembaga keuangan. Faktor kesiapan teknologi dan dukungan ekosistem digital menjadi variabel moderasi yang paling dominan dalam menentukan keberhasilan adopsi QRIS di wilayah tersebut.
Co-Authors Alemayehu Abera Lema Aurelia Widya Astuti Ginna Novarianti Dwi Putri Pramesti Kiflu Chekole Tekle Komarudin Komarudin Nurhaliza Nurhaliza