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Tona Aurora Lubis
Universitas Jambi
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Journal : aicos

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THE EFFECT OF ECONOMIC RECESSION ON FINANCIAL PERFORMANCE: LITERATURE REVIEW Rusfa, Dilla Dwi Rahmatin; Afrizal, Afrizal; Rahayu, Sri; Lubis, Tona Aurora
Asian Journal of Islamic Economic Studies Vol. 2 No. 2 (2025): AICOS: Asian Journal Of Islamic Economic Studies
Publisher : Fakultas Ekonomi dan Bisnis Islam IAIN Kerinci

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32939/aicos.v2i2.5955

Abstract

what factors trigger economic recession actions on financial performance, and what factors can influence economic recession on financial performance. From the results of this Review, a literature review approach was carried out with a systematic mapping study method from various sources such as journals and books. The results of this review found various factors causing financial recession actions, the factors are rationalization, incentives, abilities, arrogance, collusion, needs, lifestyle , exposure, integrity, irreligion, systemic wealth inequality, significant distance between leaders and subordinates. The tendency of financial recession can be minimized by implementing generic aspects such as building integrity (equaling and strengthening noble character), creating exemplary leadership, minimizing opportunities, developing a good internal control system, developing recession prevention policies and systems, developing monitoring systems, hotlines, and whistle blowing systems, developing reward and punishment systems, and implementing a healthy economy, and creating a balance of power.
Co-Authors . Zulkifli Addion Nizori Ade Erma Suryani Ade Octavia Ade Octavia Adinda Irma Syahputri Afkari, Nabilah Afrizal Afrizal Afrizal Afrizal Afrizal Afrizal Afrizal Agil Muharya Agus Sholikhin Agus Solikhin, Agus Agus Syarif Ahfazhi Ahfazhi Ahmad Nur Budi Utama Albetris Aliyardi, Aliyardi Amri Amir Amri Amir Amri Amir Andang Fazri Andi Subandi Aprecia, Mitha Talitha Arief Prasetyo Ario Gusmansyah Asep Machpuddin Asep Machpudin Asep Machpudin Asep Machpudin Asih Retno Pungki Ayu Anggraini Aziexho Vornandes Besse Wediawati Billy Alberto Budi Susanto Cindy Larasati Dahmiri Dalizanolo Hulu Dewi , Erwita Dhimas Kurniawan Dios Nugraha Putra Dios Nugraha Putra Djumahir Djumahir Dwi Noerjoedianto Efi Herawati Elliyana, Dessy Enggar Diah Puspa Arum Enggar Diah Puspa Arum Enjanita, Sanci Erwita . Erwita Dewi Firmansyah . Firmansyah Firmansyah Firmansyah Firmansyah Fitri Chairunnisa Fitri Eka Wahyui Fitri, Mahdaliyah Fitriaty Fitriaty, Fitriaty Garry Yuesa Rosyid Gustina, Evi Haekal, Muhammad Hardiani Hardiani Hendriyaldi Ida Masriani Ida Masriani, Ida Ingepuri, Pebriana Ira Febrianti Ira Febrianti Ira Febrianti Iskandar Iskandar Jhon Riahman Sinaga Jihan, Salsandra Johannes Johannes Johannes Johannes Johannes Johannes Simatupang Junaidi Junaidi Kristanto, Raja Bastian Levi Febri Damayanti Liu, Tri Supryjadi Luthfi Anan , Fatih M, Zulkifli M. Syurya Hidayat Made Sudarma Martasudira, Yosse Maryati Ningsih Maryati Ningsih Maryati Ningsih Maryati Ningsih Meilina, Dira MISMIWATI, MISMIWATI MISMIWATI Moeljadi Moeljadi Moh Ihsan Muhammad Haris Saputra Muhammad Luthfi Faisal Muhammad Putra Rasmi Muhammad Safri Mukhzarudfa, Mukhzarudfa Mulia Inda Purwati Munawar - Ismail musnaini musnaini Musnaini Musnaini NAJMI FUL HANIF Nilamsari, Nurul Ningsi Trilianah Ningsih, Maryati Nofrans Eka Saputra, Nofrans Eka NORIA SAPUTRI Novita Sari Novita Sari Nurputri, Syafda Nopta Octarina Suma Putri Octora, Shinta Oktaviani, Singki Pratiwi, Anggie Putri, Dian Septiani Qisha Qisha Raja Penungkunen Surbakti Raja Sarah Rendi Aditya Alfanza Rike Setiawati Riman Abimayu Rina Mardiana Rina Nurarifah Rohsalin Belle Romauly Manihuruk Rosadi, Ichsan Rusfa, Dilla Dwi Rahmatin Saiful . Sanci Enjanita Savana, Zeta Ferli Selvia, Levi Shadiq, Annurusshadiq Sholihat, Iis Sigit Indrajaya Sigit Indrawaijaya Sigit Indrawijaya Siregar, Ade Perdana Sri Rahayu SRI RAHAYU Sri Rahayu Sry Rosita Sry Rosita Steven Kurniawan Suhairi, Khairul Sumantri Sumantri Sumarni Sumarni Sutan Adil Hendra Syahmardi Yacob syahmardi yacob Syamsurijal Tan Tiarifani, Tasya TITIN HARTINI Ubud Salim Vilano, M. Afif Vilano Fitrah Wawan Anggara Widiastuti, Fitri Widyanti Fitri Wirmie Eka Putra Yayuk Sriayudha Yosi Fadhillah YULHASMIDA YULHASMIDA Yuliarnita Yuliusman Yunira, Sabrino Pratama Zarkani Zarkani Zera Fitrizon Zuhratul Aulia Zulfina Adriani Zulfina Adriani Zulkifli Zulkifli Zulkifli Zulkifli