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Management and Economics Journal (MEC-J)
ISSN : 25993402     EISSN : 25989537     DOI : -
Management and Economics Journal (MEC-J) is a peer-reviewed and open access journal that focuses on management and economics fields. This journal publishes original articles, reviews, and also interesting case reports. Letters and commentaries of our published articles are welcome. Subjects suitable for publication include but are not limited to the fields of Marketing Management, Finance Management, Strategic Management, Operation Management, Human Resource Management, E-business, Knowledge Management, Management Accounting, Management Control System, Management Information System, International Business, Economics, Business Economics, Business Ethics and Sustainable, and Entrepreneurship, etc. The papers received by this journal will be reviewed by some experts from several universities in different countries. MEC-J is published three times a year in April, August, and December by Faculty of Economics, Universitas Islam Negeri Maulana Malik Ibrahim Malang, Indonesia. One volume of MEC-J is published in the one-year calendar.
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Articles 7 Documents
Search results for , issue "Vol 9, No 3 (2025)" : 7 Documents clear
Determinants of Financial Distress in Non-Financial State-Owned Enterprises in Indonesia Maura, Ikrana Shafa; Fajri, Mega Barokatul; Hakim, Adi Lukman
MEC-J (Management and Economics Journal) Vol 9, No 3 (2025)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/mec-j.v9i3.28918

Abstract

The study aims to assess how liquidity, profitability, leverage, capital structure, and the audit committee influence the financial challenges faced by State-Owned Enterprises (SOEs). The research employs a purposive sampling method based on specific criteria, with 20 companies included in the study. The multiple linear correlation test reveals a strong relationship between liquidity, profitability, and company size regarding financial challenges. Analysis conducted using SPSS software indicates a significance value for the F-test, suggesting that liquidity, profitability, leverage, capital structure, and the audit committee significantly impact the financial difficulties. Furthermore, the t-test results demonstrate that liquidity, profitability, leverage, and capital structure play a role in influencing the financial challenges, whereas the audit committee does not have a significant effect.
Institutional Determinants of Sharia Consumers’ Motivation in Indonesia Muhajir, Muhammad Nur Alam; Erwin, Erwin; Alisiya, Dima Ade; Samsul, Samsul; Rasmi, Rasmi
MEC-J (Management and Economics Journal) Vol 9, No 3 (2025)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/mec-j.v9i3.35320

Abstract

This research is important because several behavioral and psychological factors such as religiosity, Islamic business ethics, trust, satisfaction, and perception are frequently reported to influence the motivation of sharia  consumers.  This study aims to analyze the influence of religiosity, Islamic business ethics, trust, satisfaction and perception on the motivation of sharia consumers in Indonesia. Data were analyzed using the Structural Equation Model Partial Least Square (SEM PLS) method. This study was conducted with a quantitative approach and data collection techniques through Accidental Sampling, with a sample size of 110 respondents obtained through questionnaires. Data were analyzed using the Structural Equation Model Partial Least Square (SEM PLS) method. The population in this study were sharia consumers in Indonesia.Based on the empirical findings, this study contributes theoretically by clarifying the roles and interactions of religiosity, Islamic business ethics, trust, satisfaction, and perception in shaping sharia consumer motivation. The results also present practical implications for sharia business actors and policy makers in designing strategies that strengthen and sustain sharia consumer motivation. The novelty of this study lies in its analytical shift from prior research that primarily emphasized sharia consumer purchasing behavior, toward a deeper examination of consumer motivation. Furthermore, this study extends the discussion of boycott-related motivations by integrating non-economic variables such as religiosity, Islamic business ethics, trust, satisfaction, and perception.
Exploring the Influence of Materialism and Tourism Brand Attachment on Compulsive Travel Purchases Among Young Consumers in Post-COVID-19 Indonesia Praharjo, Ardik Angga; Parwati, Kardina Yudha; Rofida N, Khusnul
MEC-J (Management and Economics Journal) Vol 9, No 3 (2025)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/mec-j.v9i3.32138

Abstract

This study aims to examine the influence of materialism and tourism brand attachment on compulsive buying for travel among generations Y and Z in Indonesia. Additionally, it investigates the antecedents of materialism and compulsive buying, including SNS advertisements, celebrity endorsements, and ideal self-congruence. An explanatory research design with a quantitative approach was employed, using a survey with structured questionnaires to collect primary data. The population consisted of all Indonesian generations Y and Z, and purposive non-probability sampling was applied, targeting respondents born in 1981 or later and active users of social media, to ensure relevance to SNS-related variables. A total of 200 respondents participated in the study, consisting of individuals from Generation Z and Generation Y. Data were analysed using PLS-SEM. The results indicate that materialism and tourism brand attachment positively and significantly influence compulsive buying, while SNS advertisements and celebrity endorsements significantly affect materialism. Moreover, ideal self-congruence significantly influences tourism brand attachment. These findings highlight the roles of psychological and marketing factors in shaping impulsive travel behaviours and provide theoretical and managerial implications for tourism marketing strategies targeting young consumers. 
Work Expectations and Self-Efficacy on Intention to Apply: Does Personal Motivation Play a Role? Widjanarko, Muhammad Akhdan; Fahreza Sani, Ahmad Firza
MEC-J (Management and Economics Journal) Vol 9, No 3 (2025)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/mec-j.v9i3.36400

Abstract

This study aims to examine the influence of job expectations and self-efficacy on the intention to apply for jobs among Generation Z, with personal motivation as a mediating variable. The research is motivated by the high unemployment rate, which presents a significant challenge for young graduates, especially those without work experience. Furthermore, the gap between job expectations and actual conditions often hinders young graduates from entering the workforce. Data were collected through the distribution of questionnaires to Generation Z individuals in Malang City. The population in this study includes Generation Z from five districts in Malang City: Blimbing, Kedungkandang, Klojen, Lowokwaru, and Sukun. Purposive sampling was used, and data were analyzed using the Partial Least Squares (PLS) method with the SmartPLS 4.0 software. The results indicate that job expectations have a positive and significant effect on the intention to apply, both directly and indirectly through personal motivation. Meanwhile, self-efficacy does not directly influence the intention to apply but has a significant indirect effect through personal motivation. These findings highlight the crucial mediating role of personal motivation in the relationship between self-efficacy and job expectations on the intention to apply. Therefore, companies and career development practitioners are advised not only to focus on boosting self-confidence but also to strengthen internal motivation and address the job expectations of Generation Z to enhance their intention to apply for jobs.
Development of Partnership Based Marketing Strategy for Sustainable Tourism Villages in Kemiren Banyuwangi Nahdi, Moehammad Robith; Winarno, Agung; Rahayu, Wening Patmi
MEC-J (Management and Economics Journal) Vol 9, No 3 (2025)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/mec-j.v9i3.33318

Abstract

The development of tourism villages in Indonesia often faces challenges such as limited planning, weak stakeholder collaboration, suboptimal promotion, and low community participation. This study examines partnership-based marketing strategies in the Osing Kemiren Tourism Village, Banyuwangi Regency, and their influence on the growth of local MSMEs. Using a qualitative case study design, data were collected through in-depth interviews, observations, and documentation. The findings show that the pentahelix partnership involving local government, Pokdarwis/BUMDes, academic, travel agencies, mediacreates effective promotional synergy that enhances destination visibility and increases tourist visits. This collaboration strengthens MSMEs by improving sales, expanding market access, and encouraging long-term business sustainability. Overall, the study demonstrates that partnership-based marketing is an effective model for advancing tourism village development while supporting local economic empowerment.
Boosting Residential Property Sales with Integrated Marketing Communication Strategies Kristanto, Harys; Arumdini, Savira; Fardhon, Muhammad
MEC-J (Management and Economics Journal) Vol 9, No 3 (2025)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/mec-j.v9i3.33553

Abstract

The increasing demand for suburban housing in Indonesia, driven by urban expansion and rising middle-class aspirations, has intensified competition among real estate developers. This study investigates how Integrated Marketing Communication (IMC) strategies influence consumer interest in purchasing residential property in Bekasi Regency, a fast-growing suburban area. Using a qualitative design, data were collected through in-depth interviews and focus group discussions involving marketing professionals, developers, and prospective buyers at PT Refaro Central Propertindo. The analysis integrates the Theory of Planned Behavior (TPB) and the AIDA (Attention, Interest, Desire, Action) model to explore both psychological drivers and communication dynamics. Findings reveal that consistent messaging, immersive digital tools (e.g., virtual tours, AI chatbots), and personalized engagement significantly affect buyer attitudes, social norms, and perceived control ultimately enhancing purchase intention. The application of AIDA further explains how IMC guides consumers through each stage of the decision-making process. This study offers a novel contribution by combining TPB and AIDA in a real estate context, providing deeper insights into consumer behavior and communication strategy effectiveness. Practically, the research recommends hybrid IMC approaches that integrate digital innovation with trust-building offline experiences. These findings are particularly relevant for developers targeting suburban markets in Indonesia and other emerging economies.
Behavioral Biases and Investment Decision of Gen Z: The Role of Long-Term Orientation Pricilia, Viona; Susilawaty, Lilis
MEC-J (Management and Economics Journal) Vol 9, No 3 (2025)
Publisher : Faculty of Economics, State Islamic University of Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18860/mec-j.v9i3.34936

Abstract

While the number of stock investors in Indonesia has been growing, many particularly from Generation Z, who currently lead the market, continue to exhibit non-rational tendencies when making investment choices. These tendencies are frequently shaped by cognitive distortions such as representative, availability, and herding biases. This research investigates how these biases impact Gen Z’s stock investment decisions and explores whether long-term orientation moderates these effects. The research gathered responses from 349 Indonesian Generation Z participants through an online survey, with the data subsequently examined using the PLS-SEM method. The results show that representative bias, availability bias, and herding bias significantly influence investment decision making. Long-term orientation significantly moderates the effect of herding bias but does not significantly moderate the effect of representative bias or availability bias. This study encourages Generation Z investors to recognize the impact of behavioral biases and the importance of long-term thinking. It also suggests that regulators and market institutions develop educational programs to help reduce bias-driven decisions among young investors.

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