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All Journal Indonesian Journal of Business and Entrepreneurship (IJBE) JURNAL EKONOMI AKUNTANSI DAN MANAJEMEN Jurnal Ekonomi Syariah Teori dan Terapan At-Taqaddum Jurnal Ekonomi dan Bisnis Islam Falah : Jurnal Ekonomi Syariah Jurnal Ekonomi Islam Integritas: Jurnal Antikorupsi International Journal of Supply Chain Management AT-TURAS: Jurnal Studi Keislaman Iqtishoduna: Jurnal Ekonomi Islam Journal of Leadership in Organizations Airlangga Journal of Innovation Management Jurnal Ilmiah Pengabdian dan Inovasi Jurnal Ekonomi Islam eJEBA
Achsania Hendratmi
Departemen Ekonomi Syariah, Fakultas Ekonomi Dan Bisnis Universitas Airlangga
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Transportation

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MARKET REACTION OF STOCKS LISTED ON THE JAKARTA ISLAMIC INDEX (JII) TO THE ANNOUNCEMENT OF THE 2017 GOVERNOR OF DKI JAKARTA Sukmaningrum, Puji Sucia; Madyan, Muhammad; Hendratmi, Achsania
Jurnal Ekonomi dan Bisnis Islam (Journal of Islamic Economics and Business) Vol. 5 No. 1 (2019): JANUARY-JUNE 2019
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (911.899 KB) | DOI: 10.20473/jebis.v5i1.10087

Abstract

The purpose of this research is to analyze the reaction of investors before and after the announcement of the determination of the Governor of DKI Jakarta in 2017 against abnormal return and trading volume of activity. These studies use quantitative methods of event study. Estimation period is 60 days and research period is 10 days before and 10 days after the announcement. the sample of this research is 30 stocks listed on the Jakarta Islamic Index (JII). The results showed no significant difference against AAR and ATVA before and after the announcement. Investor it is possible already to react before the official announcement of the Election Commission (KPU). Investors could do predictions the election results of the Survey or the quick count.Keywords: Market Reaction, Event Study, Abnormal Return, Trading Volume Activity, Islamic Capital Market.   
What’s behind digital governance? Uncovering corruption loopholes in e-procurement in East Java Eko Supeno; Nurul Jamila Hariani; Agie Nugroho Soegiono; Achsania Hendratmi; Filidyo Bramanta Adi Santoso; Muhammad Farrel
Integritas: Jurnal Antikorupsi Vol 11 No 2 (2025): INTEGRITAS: Jurnal Antikorupsi
Publisher : Komisi Pemberantasan Korupsi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32697/integritas.v11i2.1493

Abstract

Despite the growing presence of digital governance in Indonesia's public procurement system, corruption remains widespread. This study critically examines the limits of electronic procurement (e-procurement) as an anti-corruption instrument, with a focus on procurement processes in East Java Province. This study uses secondary data from the Corruption Eradication Commission's (KPK) Corruption Prevention Integrity Survey (SPI), as well as qualitative insights from focus group discussions (FGDs), in-depth interviews, and direct observations, to demonstrate that digitalization alone does not eliminate procurement corruption. The findings highlight pseudo transparency, in which procurement players exploit regulatory gaps notwithstanding electronic surveillance. Corruption is most frequent in areas with large procurement expenditures, inadequate supervision, and minimal public watchdog participation. The continued presence of favoritism, collusion, and selective vendor nominations, demonstrates that e-procurement may improve procedural transparency but fails to address underlying structural concerns. The study emphasizes the importance of independent supervision systems and leadership commitment to enhancing procurement integrity. By highlighting existing weaknesses in digital procurement systems, this study contributes to policy discussion about increasing governance integrity. It advocates for a resilient anti-corruption ecosystem that includes institutional reforms, increased enforcement, and civil society engagement, in addition to technology solutions.
Community and Business Sustainability in Islamic Boarding Schools of the Tapal Kuda Region Ainol Yaqin; Achsania Hendratmi; Fatin Fadilah Hasib; Irham Zaki
JURNAL AT-TURAS Vol 13, No 2 (2026)
Publisher : Universitas Nurul Jadid

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33650/at-turas.v13i2.15662

Abstract

This study aims to analyze the role of the Islamic boarding school community (jama'ah) in building and maintaining business sustainability in Islamic boarding schools located in the Tapal Kuda region of East Java, namely Nurul Jadid Islamic Boarding School in Paiton, Salafiyah Syafi’iyyah Islamic Boarding School in Sukorejo, and Zainul Hasan Genggong Islamic Boarding School. Islamic boarding schools (pesantren) not only function as institutions of education and Islamic propagation (da'wah), but have also developed into centers of economic empowerment capable of supporting institutional self-reliance and improving the welfare of surrounding communities. This research employed a qualitative approach using a case study method in several Islamic boarding schools in the Tapal Kuda region. Data were collected through in-depth interviews, observations, and documentation, and were subsequently analyzed using interactive analysis techniques, including data reduction, data display, and conclusion drawing. The findings indicate that the business sustainability of Islamic boarding schools is determined by the strength of their communities, which involve kiai (Islamic scholars), administrators, students, alumni, parents of students, and local communities within mutually supportive social networks. Social capital in the form of trust, Islamic values, charismatic leadership, and a culture of mutual cooperation (gotong royong) constitutes the primary factor in sustaining pesantren enterprises. Furthermore, business unit diversification, strengthening institutional governance, human resource development, and the utilization of alumni networks contribute significantly to the economic resilience of Islamic boarding schools. The business model developed is not solely oriented toward economic profit but also emphasizes social aspects and benefits for the wider community. These findings confirm that the integration of community strength and business strategies grounded in Islamic values is capable of creating institutional sustainability while enhancing the contribution of Islamic boarding schools to local economic development. This study provides a conceptual contribution to the community-based business sustainability model within Islamic educational institutions. In addition, Islamic boarding schools play an important role in creating employment opportunities and developing human resources who embody Islamic ethical values.
THE CONCEPT OF SOCIAL WELFARE FROM THE PERSPECTIVE OF IBN TAIMIYAH AND IBN KHALDUN Basya, Maziyah Mazza; Hendratmi, Achsania; Ratnasari, Ririn Tri; Prasetyo, Ari
e-Journal Ekonomi Bisnis dan Akuntansi Vol. 12 No. 1 (2025): e-JEBA Volume 12 Number 1 Year 2025
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/ejeba.v12i1.53697

Abstract

Artikel ini membahas konsep kesejahteraan sosial, yang meupakan aspirasi universal bagi semua manusia. Dalam Islam, kesejahteraan tidak hanya mencakup kesejahteraan material tetapi juga pemenuhan spiritual. Untuk meraih kesejahteraan tersebut, manusia harus menaati perintah-perintah Allah dan menjauhi larangan-larangan-Nya. Para pemikir muslim terkemuka, seperti Ibnu Taimiyah dan Ibnu Khaldun, telah banyak membahas topik ini. Ibnu Taimiyah menekankan peran lembaga pemerintah dalam mendorong kesejahteraan, dengan menyatakan bahwa pemerintah berfungsi sebagai penjaga perintah-perintah Tuhan. Dengan mempromosikan nilai-nilai luhur seperti kedisiplinan, kejujuran, dan keadilan, serta mencegah pelanggaran, pemerintah berperan penting dalam memastikan kesejahteraan masyarakat. Demikian pula, Ibnu Khaldun berpendapat bahwa kesejahteraan muncul ketika faktor-faktor utama seperti syariah, otoritas politik, populasi, kekayaan, pembangunan, dan keadilan berfungsi secara harmonis, sebuah konsep yang dirangkum dalam teori "Lingkaran Keadilan" miliknya. Selain itu, Ibnu Khaldun menyoroti pentingnya teori ashabiyah, yang menggarisbawahi persaudaraan Islam. Rasa persatuan ini memungkinkan terjadinya kolaborasi, akuntabilitas bersama, dan pemenuhan kewajiban bersama, sehingga mendorong tumbuhnya keharmonisan sosial dan kemajuan peradaban serta kesejahteraan.
Co-Authors Achmad Room Fitrianto Ahmad Asy’fin Basthomi Ahmad Fadlur Rahman Bayuny Ainol Yaqin Allen Anandika Rizky Pratama Amirul Taufiqulhakim Andre Kurniawan Arfaq, Fadlulloh Fakhrudin Ari Prasetyo Bahana Wiharjo Baldina, Zain Nahdi Bella Suci Nur Deri Rachmat Rizki Dewi Nuraini, Dewi Didit Prakoso Dwi Swasana Ramadhan Eko Supeno Fachreza Eka Kurnia Fadlulloh Fakhrudin Arfaq Fajar Kristanto Fatin Fadilah Hasib Fauziyah Putri Filidyo Bramanta Adi Santoso Fitriani Fitriani Hikmah, Lailatul Irham Zaki Izzani Ulfi Kholison, Rohmatul Farohah Linda Dewi Martiasari Mahmudah, Siti Nur Mahmudah, Siti Nur Maziyah Mazza Basya Moh. Helmy Najih Ramadhan Muhamad Nafik Hadi Ryandono Muhammad Farrel Muhammad Madyan, Muhammad Muhammad Nur Miftakhul Ivanda Muhammad Wasiqul Firdaus Askarullah Muhammad Wasiqul Firdaus Askarullah, Muhammad Wasiqul Nadya Irmania Nurul Jamila Hariani Pertiwi, Tanza Dona Puji Sucia Sukmaningrum Qori Naufallita Rahadian Firdaus Rani, Lina Nugraha Rendy Pambajeng Syahputra Ricky Nuari Ririn Tri Ratnasari Rizal Bagus Pambudi Saiful Anam Samsul Arifin Siti Bunga Fatimah Siti Nur Mahmudah Siti Zulaikha Soegiono, Agie Nugroho Sukmaningrum, Puji Syahrul Mubarrok, Ujang Tika Widiastuti Tjiptohadi Sawarjuwono Uci Wulansari Ulfi, Izzani Wahab, Abd. Wijayanti, Ida Zain Nahdi Baldina Zain Nahdi Baldina Zera Zuryana Idris