cover
Contact Name
Mukhlisul Muzahid
Contact Email
p2m@pnl.ac.id
Phone
+6285220281520
Journal Mail Official
ekonis@pnl.ac.id
Editorial Address
Jurusan Tata Niaga Politeknik Negeri Lhokseumawe Jalan Banda Aceh - Medan Km 280,3 Buketrata Po Box 90, Telp (0645) 42785 Fax (42785)
Location
Kota lhokseumawe,
Aceh
INDONESIA
Ekonis : Jurnal Ekonomi dan Bisnis
ISSN : 16938852     EISSN : 25495003     DOI : https://doi.org/10.30811/ekonis
Core Subject : Economy,
Tujuan penerbitannya adalah untuk memfasilitasi para peneliti, praktisi dan akademisi dalam menyebarluaskan hasil riset, gagasan dan pandangan mereka tentang ekonomi dan bisnis.
Articles 179 Documents
THE IMPACT OF THE TRANSFORMATION OF CENTRAL BANK DIGITAL CURRENCIES (CBDC)-BASED GLOBAL PAYMENTS ON THE FINANCIAL EFFICIENCY OF MULTINATIONAL CORPORATIONS Putri Fidyahsari; Bambang Widagdo
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10857

Abstract

The transformation of the global payment system is entering a new chapter as central banks expand their exploration of Central Bank Digital Currency (CBDC) in various jurisdictions. Multinational corporations (MNCs), as the most intensive actors in cross-border transactions, have the potential to be one of the most affected parties to this transformation, but the corporate finance literature on this issue still lags behind the monetary-macro literature. This article aims to analyze the impact of CBDC-based payment transformation on MNCs' financial efficiency, particularly on the dimensions of transaction costs, completion speed, working capital management, and exchange rate risk mitigation. The research uses a narrative-thematic literature review approach on 20 scientific and institutional sources in 2020-2026, combined with case studies of cross-border CBDC projects (Project m-Bridge, Digital Euro, e-CNY) and Indonesian contexts (Garuda Project). The results show that cross-border CBDC settlement architecture has the potential to cut the banking correspondent layer, reduce transaction costs by about half of conventional costs, and accelerate settlement from days to seconds, which would theoretically shorten cash conversion cycles and lower the need for MNCs' multi-currency presaution cash balances. However, these benefits are still prospective due to the limitations of interjurisdictional interoperability, the geopolitical fragmentation of multi-CBDC platforms, and Indonesia's adoption stage which is still at the proof-of-concept level. The main contribution of this article is a conceptual framework that links the design characteristics of CBDCs with transaction cost theory and working capital management theory to explain the mechanism of improving the financial efficiency of MNCs, a link that has not been systematically elaborated on in previous literature that tends to focus on the implications of monetary policy and banking stability. The study recommends that further research use enterprise-level transaction data once cross-border CBDC adoption reaches commercial scale.Keywords— CBDC, cross-border payments, financial efficiency, multinational corporations, working capital.
PENGARUH LITERASI KEUANGAN, PENDAPATAN, DAN GAYA HIDUP TERHADAP MINAT MENABUNG PADA GENERASI Z DI KABUPATEN KUNINGAN Imel Tiara Amellia; Dede Djuniardi; Nurul Siti Jahidah
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10868

Abstract

Abstract: This study aims to determine the influence of financial literacy, income, and lifestyle on saving interest among Generation Z in Kuningan Regency, both simultaneously and partially. The study was conducted using a quantitative associative survey method on 150 respondents selected through purposive sampling. Data were analyzed using multiple linear regression, classical assumption tests, the coefficient of determination (R²), and hypothesis testing through the F-test and t-test with the aid of SPSS version 25. The results show that financial literacy, income, and lifestyle simultaneously have a significant influence on saving interest, with an R² of 0.587. Partially, financial literacy and income have a positive and significant effect on saving interest, while lifestyle has a negative and significant effect. These findings indicate that higher financial literacy and income, combined with a more controlled lifestyle, increase the saving interest of Generation Z in Kuningan Regency, in line with the Theory of Planned Behavior.Keywords: Financial Literacy, Income, Lifestyle, Saving Interest, Generation Z.
PENGARUH ALOKASI DANA DESA DAN JUMLAH PENDUDUK USIA PRODUKTIF TERHADAP PENDAPATAN PERKAPITA MASYARAKAT DI PROVINSI ACEH Amara Imanika; Hamdani Hamdani; Julia Alfianti
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10863

Abstract

Abstract: This research aims to determine the effect of village fund allocation and the number of productive age population on the per capita income of the community in Aceh Province, both partially and simultaneously. This research uses a quantitative approach with a panel data regression analysis method, namely a combination of time series and cross section data, with the help of EViews 13 software. The data used is secondary data obtained from the Central Statistics Agency (BPS) and the Directorate General of Fiscal Balance (DJPK), which covers 23 districts/cities in Aceh Province during the 2020–2024 period. Based on the results of model selection, it was found that the best model used was the Fixed Effect Model (FEM). The research results show that village fund allocation and the number of productive age population partially have a positive and significant effect on the per capita income of the community in Aceh Province. Simultaneously, these two variables have a significant effect on the per capita income of people in Aceh Province. These findings show that optimizing the management of village funds and utilizing the productive age population can encourage increased community welfare and equal distribution of income in Aceh Province.Keywords: Village Funds, Productive-Age Population, Per Capita Income.
PENGARUH LINGKUNGAN KERJA DAN PEMBERIAN INSENTIF TERHADAP KINERJA KARYAWAN DIVISI AFTER SALES SERVICE PT SALINDO BERLIAN MOTOR Sifa Anggriani; Mahmud Syarif; Desy Tri Anggarini
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10858

Abstract

Abstract: This study aims to analyze the effect of the work environment and incentive provision on the performance of employees in the After Sales Service Division of PT Salindo Berlian Motor Jakarta. The study employed a quantitative approach using a survey method. The population consisted of 34 employees, and all members of the population were selected as the research sample using a saturated sampling technique. Data were collected through a questionnaire based on a Likert scale. The data were analyzed using validity and reliability tests, classical assumption tests, multiple linear regression analysis, t test, F test, and the coefficient of determination. The results indicate that all research instruments were valid and reliable. The classical assumption tests confirmed that the data were normally distributed and free from multicollinearity and heteroscedasticity. The resulting regression equation was Y = 4.251 + 0.658X1 + 0.279X2. Partially, the work environment had a positive and significant effect on employee performance, with a significance value of 0.000 0.05 and a regression coefficient of 0.658. Incentive provision also had a positive and significant effect on employee performance, with a significance value of 0.022 0.05 and a regression coefficient of 0.279. Simultaneously, the work environment and incentive provision had a significant effect on employee performance, with an F value of 124.424 and a significance value of 0.000 0.05. The Adjusted R Square value of 0.882 indicates that the two independent variables explained 88.2% of the variation in employee performance, while the remaining 11.8% was explained by other variables outside the scope of this study. Based on these findings, it can be concluded that the work environment and incentive provision have a positive and significant effect on the performance of employees in the After Sales Service Division of PT Salindo Berlian Motor Jakarta.Keywords: work environment, incentive provision, employee performance, after-sales service.
PENGARUH EFISIENSI OPERASIONAL, STRUKTUR MODAL, DAN DANA PIHAK KETIGA TERHADAP NILAI PERUSAHAAN BANK UMUM SYARIAH DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL KONTROL Mukhlisul Muzahid; Rauzatul Muna; Ahmad Fauzan
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10869

Abstract

Abstract: This study aims to determine the impact of operational efficiency, capital structure, and third-party fund growth on the firm value of Sharia Commercial Banks in Indonesia, using firm size as a control variable. The study utilizes secondary data in the form of annual reports from Sharia Commercial Banks in Indonesia covering the 2021–2024 period. Panel data regression analysis, performed using EViews version 13 software, was employed as the data analysis technique. The results indicate that capital structure has a significant effect on firm value, whereas third-party fund growth and operational efficiency do not. Furthermore, simultaneous regression analysis reveals that operational efficiency, capital structure, and third-party fund growth collectively have a significant effect on the firm value of Sharia Commercial Banks in Indonesia. Meanwhile, when firm size is included as a control variable, the results show that operational efficiency and third-party fund growth do not have a significant partial effect on firm value, whereas capital structure does. Finally, the simultaneous regression analysis confirms that, even with firm size as a control variable, operational efficiency, capital structure, and third-party fund growth collectively exert a significant influence on the firm value of Sharia Commercial Banks in Indonesia.Keywords: Operational Efficiency, Capital Structure, Third-Party Fund Growth, Firm Size, Firm Value
PENGARUH PENGGUNAAN E-COMMERCE DAN PROMOSI ONLINE TERHADAP PERILAKU BELANJA MAHASISWA FAKULTAS EKONOMI UNIVERSITAS MAHAPUTRA MUHAMMAD YAMIN Syarifah Mutia; Dwi Annisa Rahmanillahi; Meyriska Eka Putri; Karin Septiani
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10864

Abstract

Abstract: The growth of e-commerce has transformed consumer shopping patterns, particularly among university students, who constitute a group of active internet users. Beyond the convenience offered by e-commerce, online promotions also serve as a factor influencing students' shopping behavior. This study aims to determine the impact of e-commerce usage and online promotions on students' shopping behavior. A quantitative method with an associative approach was employed. The study population consisted of 145 students, with a sample of 107 respondents determined using Slovin's formula. Data collection was conducted via questionnaires, while data analysis utilized SPSS Version 25 software, covering validity tests, reliability tests, classical assumption tests, multiple linear regression analysis, t-tests, F-tests, and the coefficient of determination. The results indicate that e-commerce usage has a positive and significant effect on students' shopping behavior, with a calculated t-value of 2.728 (exceeding the t-table value of 1.659) and a significance value of 0.007 (below 0.05). Online promotions also have a positive and significant effect on students' shopping behavior, with a calculated t-value of 4.609 (exceeding the t-table value of 1.659) and a significance value of 0.000 (below 0.05). Simultaneously, e-commerce usage and online promotions significantly influence students' shopping behavior, with a calculated F-value of 45.155 (exceeding the F-table value of 3.08). The variable exerting the most dominant influence on students' shopping behavior is online promotion..Keywords: E-Commerce, Online Promotion, and Shopping Behavior
PENGARUH CUSTOMER EXPERIENCE DAN BRAND IMAGE TERHADAP REVISIT INTENTION PADA HOTEL HORISON SAMARINDA Ade Sunan Bimantara; Fareis Althalets
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10859

Abstract

Abstract: This study aims to find out the effect of customer experience and brand image towards the revisit intention at Horison Samarinda Hotel. The background of this research is based on the growing economic potential of the tourism sector, especially hospitality in Samarinda, as it supports accommodation needs for both tourists and investors since the establishment of the Nusantara Capital (IKN). This research uses a quantitative approach with purposive sampling technique. The sample size of this study consisted of 100 respondents, with the criteria being at least 17 years old and having stayed at least once at Horison Samarinda Hotel. Data analysis was conducted using SPSS version 23. The results show that, on a partial basis, the variables of customer experience and brand image have a positive and significant effect towards the revisit intention at Horison Samarinda Hotel. Simultaneously, the variables of customer experience and brand image have a positive and significant effect towards the revisit intention at Horison Samarinda Hotel. Overall, this study successfully shows that managing customer experiences and maintaining a strong brand image are key factors in increasing guests' intention to revisit in the hospitality industry, especially at Horison Samarinda HotelKeywords: Customer Experience, Brand Image, Revisit Intention, Hotel
PENGARUH LINGKUNGAN KERJA FISIK DAN LINGKUNGAN KERJA NON FISIK TERHADAP LOYALITAS KERJA KARYAWAN PADA PERUMDAM TIRTA DARMA AYU CABANG PELAYANAN JATIBARANG Kholipah Munawaroh; Fitria Damayanti; Noerdjanah Rahayuningsih
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10865

Abstract

Abstract: This study aims to analyze the influence of physical and non-physical work environments on employee work loyalty at PERUMDAM Tirta Darma Ayu, Jatibarang Service Branch. The study employs a quantitative method with descriptive and associative approaches. The sample consists of 40 employees selected using the saturated sampling technique. Data were collected through observation, interviews, and questionnaires, and subsequently analyzed using validity and reliability tests, classical assumption tests, regression analysis, t-tests, F-tests, and the coefficient of determination, with the aid of IBM SPSS Statistics 26. The results indicate that both physical and non-physical work environments have a positive and significant influence on employee work loyalty, whether analyzed individually or simultaneously. These findings suggest that improving the quality of the work environment can enhance employee work loyalty at PERUMDAM Tirta Darma Ayu, Jatibarang Service Branch. Keywords: physical work environment, non-physical work environment, employee work loyalty.
ANALISIS PENGARUH KEPRIBADIAN DAN KOMPETENSI GENERASI Z TERHADAP PREFERENSI KARIER BERBISNIS (STUDI MAHASISWA DAN FRESH GRADUATE KOTA TANGERANG) Wirda Hilwa; Shorahah Azizah; Asgaft Asysyad Rasyid
Ekonis: Jurnal Ekonomi dan Bisnis Vol 28, No 2 (2026): JURNAL EKONOMI DAN BISNIS (EKONIS)
Publisher : Politeknik Negeri Lhokseumawe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30811/ekonis.v28i2.10860

Abstract

Abstract: This study examines the effect of personality factors and competence on entrepreneurial career preferences among Generation Z. The research focuses on the dynamics of career choice in entrepreneurship amid employment challenges for university graduates. The novelty of this study lies in its specific focus on Generation Z in Tangerang City, including active students and fresh graduates. This study combines psychological aspects (personality) and skills (competence) to assess the readiness of the younger generation in facing modern business ecosystems in urban areas. This study uses a quantitative approach, with data gathered through questionnaires. Multiple linear regression analysis was used to test the influence of personality and competence variables on business interest, both partially and simultaneously. The results show a positive and significant relationship between personality factors and business career preferences. Similarly, competence has a significant effect in encouraging individuals to choose an entrepreneurial path. Both variables play an important role in shaping Generation Z's confidence and mental readiness, showing that internal drives and technical capabilities are key foundations in career choice. This study is limited to Tangerang City and Generation Z, so the results cannot be generalized to all regions or generations. The implications of this research can serve as a basis for educational institutions in designing integrated entrepreneurship curricula.Keywords:  Personality traits, competence, generation z, career preferences, business.