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Analysis of the Long-Term Impact of Public Debt Policy on Macroeconomic Stability in Indonesia Buniarto, Edwin Agus; Umasugi, Mohbir; Musyarofah, Atiqatul; Setiawan, Johan; Hartoto, Hartoto
International Journal of Economics (IJEC) Vol. 4 No. 1 (2025): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i1.1292

Abstract

Public debt policy plays an important role in the Indonesian economy, especially in supporting development financing and maintaining fiscal stability. This study analyzes the long-term impact of public debt on macroeconomic stability, considering indicators such as economic growth, inflation, fiscal balance, exchange rate, and interest rate. This study uses secondary data from Bank Indonesia (BI), Ministry of Finance (MoF), Central Bureau of Statistics (BPS), International Monetary Fund (IMF), and the Indonesian Central Bureau of Statistics (IBPS). Fund (IMF), and the World Bank to identify the relationship between debt policy and national economic stability. The results of the analysis show that although public debt can drive economic growth if used for productive investments such as infrastructure, education, and other strategic sectors, an increase in debt that is not managed properly risks causing fiscal imbalance, inflation, and dependence on foreign financing. The econometric model used in this study shows that Indonesia's economic growth tends to decline when the debt-to-GDP ratio increases significantly. In addition, fluctuations in the rupiah exchange rate and international interest rates also affect the amount of foreign debt payments. This study recommends a more transparent debt management policy that is oriented towards productive investment, diversification of financing sources to reduce exchange rate risk, and fiscal reform to increase state revenues and reduce dependence on debt. With the right strategy, public debt can function as an instrument of sustainable development without sacrificing long-term economic stability.
The Short-Term Causality Management Between Economic Growth and Excise Revenue: Review of Economic Regulation and Accounting Best Practice Budi Laksono, Agung; Adha, Wahyu Maulid; Hartoto, Hartoto; Buniarto, Edwin Agus; Widada, Rasyid
Atestasi : Jurnal Ilmiah Akuntansi Vol. 7 No. 2 (2024): September
Publisher : Pusat Penerbitan dan Publikasi Ilmiah, FEB, Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/atestasi.v7i2.838

Abstract

This study aims to find the Granger causality between economic growth and excise revenue. Does economic growth drive the increase in excise revenue, or vice versa, does excise revenue drive the increase in economic growth? To conduct this test, the Granger causality test is used. Observations were made from 1998 to 2018. This observation period was made considering that 1998 was the year after the economic crisis and 2018 was the last year the excise tariff policy was in effect before it became effective in 2019. Data sources were obtained from the government's state budget financial records. The results obtained are that there is no Granger causality between excise revenue (Xt) and economic growth (Yt), but on the contrary, there is a Granger causality between economic growth (Yt) and excise revenue (Xt). However, the performance of current excise revenue (Xt) is affected by the performance of excise revenue in the previous year (Xt-1), while the performance of excise revenue two years earlier (Xt-2) does not affect excise revenue this year (Xt). Similarly, economic growth in the previous year (Yt-1) also has no significant effect on this year's excise revenue (Xt).
OPTIMALISASI DIGITAL MARKETING MELALUI E-COMMERCE (PRESTASHOP) SEBAGAI STRATEGI PEMASARAN KAIN TENUN IKAT BANDAR KOTA KEDIRI Zakaria, Nizar; Saptaria, Lina; Afrianto, Dadang; Buniarto, Edwin Agus; Hernanik, Nova Dwi
Arthavidya Jurnal Ilmiah Ekonomi Vol 26 No 1 (2024): Maret
Publisher : Fakultas Ekonomi Universitas Wisnuwardhana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37303/a.v26i1.494

Abstract

Pemanfaatan teknologi dalam kegiatan pemasaran menjadi kebutuhan penting bagi para pelaku usaha untuk mencapai efisiensi dan kinerja bisnis yang berkelanjutan. Strategi pemasaran maupun promosi produk kain tenun ikat Bandar Kota Kediri dinilai kurang sesuai dengan era digital,dan masyarakat pengetahuan. Permasalahan yang dihadapi oleh paguyuban diantaranya : banyak pelanggan yang belum mengetahui informasi tentang keunggulan produk, tidak mengenal merek produk yang ditawarkan, kurangnya minat beli konsumen terhadap produk, dan masih terbatasnya jangkauan pemasaran produk. Tujuan dari penelitian ini adalah merancang sistem e-commerce menggunakan Prestashop dan implementasinya untuk mengoptimalkan strategi pemasaran digital komunitas tenun ikat Bandar ikat Kota Kediri. Metode penelitian ini adalah deskriptif kualitatif dengan pendekatan studi kasus. Teknik pengumpulan data meliputi observasi dan wawancara. Analisis perancangan dan implementasi sistem menggunakan pendekatan sedikit demi sedikit (efisiensi, informasi, ekonomi, pengendalian, efisiensi, keamanan). Hasill penelitian ini berupa desain sistem e-commerce yang telah dimanfaatkan oleh paguyuban sebagai sarana promosi dan penjualan. Para informan yang terdiri dari 4 pakar (ahli) dan 2 anggota paguyuban maupun konsumen telah melakukan penilaian bahwa sistem e-commerce yang dirancang menggunakan PrestaShop efektif dan dapat memenuhi kebutuhan pengguna. Implikasi dari penelitian ini yaitu memberikan kontribusi dalam pengembangan sistem pemasaran digital yang efektif bagi pelaku UMKM tenun ikat Bandar Kota Kediri.
MENUMBUHKAN SELF EFFICACY KARYAWAN PT WORLD INNOVATIVE TELECOMUNICATION KEDIRI Atiani, Sela; Buniarto, Edwin Agus; Saptaria, Lina
Arthavidya Jurnal Ilmiah Ekonomi Vol 27 No 1 (2025): Maret
Publisher : Fakultas Ekonomi Universitas Wisnuwardhana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37303/a.v27i1.607

Abstract

Employee self-efficacy is an important factor that contributes to employee performance, job satisfaction, and organizational commitment. This research aims to analyze leaders' strategies in growing employee self-efficacy at PT World Innovative Telecommunication Kediri. This research uses a qualitative descriptive approach with purposive sampling technique. Data collection was carried out through observation, interviews and documentation. The main informants in this research are trainer managers, supervisors and promoters who have an important role in implementing leadership strategies and establishing self-efficacy in the work environment. The data analysis technique consists of four main stages, namely data collection, data reduction, data presentation, and drawing conclusions. The research results show that leaders' strategies for cultivating self-efficacy in PT World Innovative Telecommunication Kediri employees include: communication, direct meetings, discussion forums, training, coaching and mentoring, financial and moral support, providing reminders. Several factors were found that strengthen and weaken the process of increasing self-efficacy. This research is important for creating the right strategy to support the growth of employee self-efficacy in the workplace so that it has an impact on improving employee performance and welfare.
The Influence of Reward and Punishment on Employee Performance with Discipline as an Intervening Variable at PT. Mekar Sari Mulya Maghdalena, Zema Indra; Buniarto, Edwin Agus; Muttaqien, Zaenul
Ekonomis: Journal of Economics and Business Vol 9, No 1 (2025): Maret
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v9i1.2287

Abstract

This study aims to test and analyze the effect of reward and punishment on employee performance with discipline as an intervening variable at PT Mekar Sari Mulya. This type of research is quantitative research. The sample in this study was obtained using probability sampling technique with random sampling approach. The population used was employees of PT Mekar Sari Mulya with a sample of 50 respondents. Data was collected using a questionnaire method. The analysis method used is Partial Least Square (PLS) with the help of SmartPLS software. The results showed that Reward has a significant effect on Employee Performance. Punishment has no effect on employee performance. Discipline has a significant effect on employee performance. Reward has a significant effect on employee performance through discipline. Punishment affects employee performance through discipline.
Analisis CR, ROA dan DER Terhadap Pertumbuhan Laba Perusahaan Sub Sektor Keramik, Kaca dan Porselen Yang Terdaftar di BEI Periode 2017 – 2021 Angreni Krisnawati; Edwin Agus Buniarto; Ririn Wahyu Arida
PPIMAN Pusat Publikasi Ilmu Manajemen Vol. 1 No. 4 (2023): Oktober : Pusat Publikasi Ilmu Manajemen
Publisher : Fakultas Ekonomi & Bisnis, Universitas Nusa Nipa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59603/ppiman.v1i4.106

Abstract

This research aims to see the ability of the Current Ratio, Return on Assets and Debt to Equity Ratio on Profit Growth in the Ceramics, Glass and Porcelain Sub-Sector listed on the Indonesian Stock Exchange for the period 2017 - 2021. Using financial reports obtained from the Indonesian Stock Exchange. The research results show that together the variables Current Ratio, Return On Assets and Debt to Equity Ratio have a positive and significant effect on Profit Growth. The coefficient of determination test shows that it is 40%, while the remaining 60% is influenced by other factors outside the research. Partially, the Current Ratio has a positive and significant effect of 0.0309 and the t-statistic is 2.336784. Partially Return On Assets has a positive and significant effect of 0.0051 and a t-statistic of 2.522635. And partially the Debt to Equity Ratio has a positive and significant effect of 0.0117 and a t-statistic of 2.266093.
PENGARUH KEBIJAKAN OPERASIONAL DAN KEPUTUSAN PENDANAAN TERHADAP KUNERJA KEUANGAN PADA PT ALBA PUTRA JOMBANG Buniarto, Edwin Agus
Prosiding Seminar Nasional Manajemen, Ekonomi dan Akuntansi Vol. 1 No. 1 (2016): PROSIDING SEMINAR NASIONAL MANAJEMEN, EKONOMI DAN AKUNTANSI 2016
Publisher : Universitas Nusantara PGRI Kediri

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Abstract

The aims of this study is to examine the financial performance in PT Alba Putra Jombang Resident. This study used data from financial statement of the PT Alba Putra Jombang Resident this study also used 36 month financial statement as the sample. Field research was applied, data collection uses documentation technique. There is one statistical analysis used in this study, that is double regression linier with SPPS software. This study is used to analyse three variables, those are Operational Policy, Capital structure and financial performance.. The result of this study found that operational Policy and capital structure influence to financial performance of the firm during 2013 – 2015. The result also show that financial structure influence financial performance more than operational Policy is influencing financial performance.
IMPLEMENTASI AKUNTANSI LINGKUNGAN PADA RSUD GAMBIRAN KEDIRI Buniarto, Edwin Agus
Prosiding Seminar Nasional Manajemen, Ekonomi dan Akuntansi Vol. 5 No. 1 (2020): PROSIDING SEMINAR NASIONAL MANAJEMEN, EKONOMI DAN AKUNTANSI 2020
Publisher : Universitas Nusantara PGRI Kediri

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Abstract

This study aims to build a reporting environment based on models of environmental accounting reporting on RSUD Gambiran Kediri locations to determine the actual cost of the accounting treatment of the environment as a form of attention and concern and responsibility of the hospital against hospital waste management. The results of this study can be concluded that the hospital has the objective to provide comprehensive health services through promotion efforts (increased), prevention (prevention), and curative (treatment). As a form of regulation of the Minister of Health of Republic of. 986 / Menkes/Per/XI/1992 on Requirements for Environmental Health Hospital and the Decision of the Director General of PPM and LPM MOH on Requirements, Instructions, and Procedures for Environmental Health Hospital, the hospital established the Installation Environmental Health (IPL). Installation Environmental Health is a unit of applied non-structural organization in the hospital environment that is functional and technical elements of servant leadership is a hospital in planning, implementing, coordinating and evaluating all activities in the field of environmental health / sanitation of the hospital and had a responsible position at the bottom and responsible to the Deputy Director of the hospital finance. Implementation of environmental accounting in hospitals has not been done. Of property in the form of waste processing machines are grouped in public infrastructure and facilities account and not depreciated since the beginning of the year the asset is operated. In a simple short-term review clearly the cost of environmental management will reduce the contribution the operation of hospitals. Environmental management activities conducted in hospitals have been proven true for the internal and external hospital, because of the dangers that may arise from the waste generated can be avoided so the hospital medical staff, patients, visitors and surrounding community can be assured. Construction of environmental accounting in the public sector is very difficult to set up yet because there is a separation allocation of environmental costs in separate accounts.