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Pengaruh Job Stress dan Job Insecurity terhadap Turnover Intention Dimediasi Organizational Commitment: Studi pada Karyawan PT PLN (Persero) ULP Purworejo Annida Khasanah; Esti Margiyanti Utami; Ishak Ishak
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 8 No. 3 (2026): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v8i3.11417

Abstract

One of the main challenges in human resource management is retaining employees amidst increasing job stress and job insecurity. These conditions not only cause psychological stress but also potentially increase turnover intention. However, not all employees experiencing job stress and job insecurity have a desire to leave the organisation. One factor believed to play a role in explaining this condition is organizational commitment. Therefore, this study aims to examine the influence of job stress and job insecurity on turnover intention, with organizational commitment as a mediating variable, among employees of PT PLN (Persero) ULP Purworejo.This research uses a quantitative approach with a sample size of 129 employees. Data was collected through questionnaires using a Likert scale and analysed using the SmartPLS-based Structural Equation Modelling (SEM) method. The research results indicate that job stress and job insecurity have a positive effect on turnover intention. Additionally, job stress and job insecurity negatively impact organisational commitment. Organisational commitment has been proven to have a negative influence on turnover intention and is able to mediate the influence of job stress and job insecurity on turnover intention.This finding is expected to serve as a consideration for the management of PT PLN (Persero) ULP Purworejo in formulating human resource policies that focus on managing work stress, increasing job security, and strengthening organizational commitment to reduce turnover intention.
Stock Return Drivers in the Indonesian Sharia Capital Market: Evidence from Jakarta Islamic Index Bela Adi Tariya; Agus Saur Utomo; Ishak Ishak
Journal of Economics and Management Scienties Volume 8 No. 4, September 2026 (Accepted)
Publisher : SAFE-Network

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37034/jems.v8i4.488

Abstract

This study investigates the key drivers of stock returns-specifically profitability, leverage, B/M ratio and firm size within the Indonesian sharia capital market context. This research adopts a quantitative methodology and applies panel data regression analysis using Eviews 12. The study relies on secondary data collected from the official publications of the Indonesia Stock Exchange and Yahoo Finance. The sample includes 11 firms listed on the Jakarta Islamic Index during the 2021-2024 period, selected through a purposive sampling technique. Quarterly observations were used, yielding a total of 176 observation. The results reveal that profitability exerts a positive and statistically significant influence on sharia stock returns. Debt ratios and firm size were found to have no significant influence on sharia stocks returns. Meanwhile, the price-to-book ratio has a significant negative effect on the returns of sharia stocks. The study offers a new theoretical contribution demonstrating that profitability information is a highly relevant tool that also serves as a signal (good news/bad news) for sharia investors in making investment decisions. Conversely, that variables of leverage and firm size were found not to be primary determinants in predicting stock returns. Sharia investors tend to focus more on a company’s growth prospects than on its fundamental value. Furthermore, the low level of leverage indicates that the restrictions on interest-based debt in the Jakarta Islamic Index (JII) effectively reduce agency problems, so that changes in debt ratios are no longer a primary consideration in investment decisions.
Exploration Of Service Strategy and Operational Innovation In Service SME’s In Purworejo Regency Hubi Rahmat Andika; Ishak Ishak; Murry Harmawan Saputra; Tika Awalia
At-Tadbir : jurnal ilmiah manajemen Vol 10, No 2 (2026): At-Tadbir : jurnal ilmiah manajemen
Publisher : Islamic University of Kalimantan MAB Banjarmasin

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31602/atd.v10i2.22427

Abstract

This study aims to analyze the integration of digital service strategies and operational innovation in service MSMEs in Purworejo Regency. The study used a descriptive qualitative approach with a multiple case study design on ten service MSMEs. Data were collected through interviews and observations, then analyzed using the Miles & Huberman interactive analysis model, which includes data condensation, data presentation, and conclusion drawing. Data processing in this study used Nvivo software version 12. The results show that customer orientation is at the core of the implementation of digital strategies and operational innovation. Digital strategies such as the use of social media, optimization of Google Maps, and paid promotions act as external triggers to expand market reach and increase customer interaction. Meanwhile, operational innovations such as pre-order systems, payment flexibility, application use, and increased work efficiency serve as internal adjustments to maintain service quality and responsiveness. This study concludes that digital strategies and operational innovation must be carried out in tandem to increase the competitiveness of service MSMEs. These findings emphasize that digital strategy transformation depends not only on the use of technology but also on the readiness of simultaneous internal process innovation