cover
Contact Name
Kiki Nuriska Denhas
Contact Email
kiki.denhas.ak@upnjatim.ac.id
Phone
+6281572276822
Journal Mail Official
ebgc@upnjatim.ac.id
Editorial Address
Jl. Raya Rungkut Madya Surabaya, Indonesia
Location
Kota surabaya,
Jawa timur
INDONESIA
Journal of Economics, Business, and Government Challenges
ISSN : 19797117     EISSN : 26144115     DOI : https://doi.org/10.33005/ebgc
Core Subject : Economy, Social,
Journal of Economics, Business and Government Challenges aims to be the leading, peer-reviewed journal that enhances the solution of challenges in economics, business and government problem. The scope of our journal is quite broad, but all papers should in a substantial way address the solution in any problem of economics, business and government challenges. Relevant subjects include: economics problem, business and accounting problem, public sector problem, in all section include the social, behaviour and organization impact on this problem in the new era of Revolution Industry 4.0.
Articles 27 Documents
Search results for , from "2024" : 27 Documents clear
The Impact of Trust And Promotion on The Increase In Consumer Usage of The LINKAJA Application at Margomulyo Surabaya Fuel Station Kurniawan, Taufik; , Dhiyan Septa Wihara; Nindya Kartika Kusmayati; Yuli Kurniawati; Bayu Permadi
Journal of Economics, Business, and Government Challenges Vol. 8 No. 1 (2025): Journal of Economics, Business, and Government Challenges [JoEBGC]
Publisher : Faculty of Economics and Bussiness, UPN "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/ebgc.v8i1.1609

Abstract

This research aims to determine the influence of consumer trust and promotions on increasing the use of the LinkAja application at the Margomulyo gas station, Surabaya city. The population in this study were consumers at the Margomulyo gas station, Surabaya city, who made purchases using the LinkAja application. The data source used is primary data using random sampling techniques using a sample size of 100 respondents. The analytical method for this research uses multiple linear regression analysis with SPSS (Statistical Product And Service Solution) version 2.10 for Windows with multiple linear regression results Y = 5.968 + 0.209X1 + 0.2073X2 + e. The assessment results are valid and reliable, have a normative distribution, are free of heteroscedasticity, are free of multicollinearity and are free of autocollinearity. Multiple linear models were obtained. Based on the results of the analysis of the T Test results using the formula above, it is known that the magnitude of the influence of the trust impact variable on increasing the use of the LinkAja application is 0.03. Promotion of increasing interest using the LinkAja application by 0.01. Based on the results above, it can be seen that the trust variable is a variable that has a greater influence of 0.03 on increasing use of the LinkAja application. Trust will also lead to manipulative marketing because trust has a big opportunity to get customers.
Firm Characteristics and Management Performance: A Governance-Based Assessment of Indonesian SOEs Dewi Sutjahyani
Journal of Economics, Business, and Government Challenges Vol. 8 No. 2 (2025): Journal of Economics, Business, and Government Challenges [JoEBGC]
Publisher : Faculty of Economics and Bussiness, UPN "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/ebgc.v8i2.1608

Abstract

This study investigates the influence of ownership structure, capital structure, and firm characteristics on management performance in Indonesian State-Owned Enterprises (SOEs), with Good Corporate Governance (GCG) examined as a moderating variable. Using a quantitative associative approach and Moderated Regression Analysis (MRA) within the PLS-SEM framework, the research analyzes data from 10 SOEs listed on the Indonesia Stock Exchange between 2021 and 2024. The findings reveal that only firm characteristics—specifically firm size and age—significantly enhance management performance, while ownership structure and capital structure show no significant effects. Additionally, GCG demonstrates neither a direct influence nor a moderating role in the tested relationships. The novelty of this study lies in its empirical focus on newly listed SOEs during a critical period of governance reform, offering fresh insights into the symbolic implementation of GCG and its limited impact on managerial outcomes. These results contribute to the growing body of literature on public enterprise governance by highlighting the importance of internal organizational capacity over structural and regulatory compliance. The study suggests that future reforms in SOEs should prioritize institutional strengthening and capacity-building to achieve effective governance and sustainable performance.
Local CEO and Financial Distress Risk: The Moderating Effects of Leverage Fitriani, Nurul
Journal of Economics, Business, and Government Challenges Vol. 8 No. 2 (2025): Journal of Economics, Business, and Government Challenges [JoEBGC]
Publisher : Faculty of Economics and Bussiness, UPN "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/ebgc.v8i2.1611

Abstract

This study aims to explore how having local CEOs impacts a company's likelihood of encountering financial distress, and to evaluate the role of leverage as a moderating factor in this relationship. The research employs 1,500 firm-year observations from non-financial companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period, illustrating the recovery phase after COVID-19. Hierarchical regression analysis is employed to test the hypotheses, whereas the Coarsened Exact Matching (CEM) technique is employed to guarantee the reliability and stability of the findings. The results suggest that having a local CEO typically correlates with a reduced likelihood of financial distress, indicating that their emotional and social ties to the region may encourage more prudent and long-term decision-making. Nevertheless, this mitigating effect weakens in firms with higher leverage, which is independently linked to a greater risk of financial distress. The study offers a theoretical contribution by combining place attachment theory with pecking order theory to explain the dynamic between CEO locality and capital structure in shaping financial outcomes in emerging economies. It emphasizes the strategic advantage of appointing local CEOs, particularly for firms exposed to financial uncertainty. Moreover, the results underscore the importance of aligning executive characteristics with the firm’s financial profile to strengthen resilience. This research advances existing literature on local CEO impact by specifically addressing their role in mitigating financial distress and by evaluating how leverage conditions this effect.
The Performance of Hotel Daily Workers in Bali: A Model Moderated by Job Insecurity on the Effects of Learning Agility and Work-Life Balance Ahmad Saputra, Vian
Journal of Economics, Business, and Government Challenges Vol. 8 No. 2 (2025): Journal of Economics, Business, and Government Challenges [JoEBGC]
Publisher : Faculty of Economics and Bussiness, UPN "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/ebgc.v8i2.1613

Abstract

The purpose of this study is to analyze the impact learning agility and work-life balance on performance of daily hotel workers in Bali through job insecurity as a moderating variable. The role workforce of the hospitality industry in Bali is crucial, also it is important to understand the dynamics that affect performance which can help improve job security, particularly caused by certain events such as the COVID-19 pandemic. This research used a quantitative method, 96 of hotel daily workers in Bali as respondents and surveyed using purposive sampling techniques, while data processing uses Partial Least Square (PLS) software. Results showed that there is a positive and significant impact of learning agility and work-life balance on performance, while negative and significant impact on job insecurity. Job insecurity have a significant negative impact on performance. Furthermore, job insecurity significantly mediates the relationship between both learning agility and work-life balance on performance. Results imply that although enhancing learning agility and maintaining a good work-life balance are necessary to improve performance, the basic sense of job insecurity can markedly moderate these relationships, indicating that hotel management should address the affective aspect of job security to effectively manage employee performance.
Mitigating Indonesia's Financial Market Risk: A Cluster-Based Approach to Payment System Infrastructure Seputro, Dimas Nugroho Dwi
Journal of Economics, Business, and Government Challenges Vol. 8 No. 2 (2025): Journal of Economics, Business, and Government Challenges [JoEBGC]
Publisher : Faculty of Economics and Bussiness, UPN "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/ebgc.v8i2.1614

Abstract

An analysis of Indonesia's payment systems and financial market infrastructure (FMI) reveals a landscape in the midst of a fundamental shift toward digitalization.  The study defines the regional disparities in this transformation and their respective risks. We clustered provinces using Euclidean distance and average linkage. The highest quality analysis resulted in a 3-cluster solution, with clusters reflecting low, moderate, and high risk profiles. Our findings indicate that the high-risk cluster (DKI Jakarta) is characterized by a concentration of financial activity to level up the systemic risk and cyber threat. Meanwhile, the moderate-risk cluster, which includes provinces such as West and Central Java, has a relatively high level of digital adoption but is not as extreme compared to the concentration in the first cluster. Last but not least, the large-volume, low-risk cluster with little transactions high level of digitalisation. This cluster is also the most exposed to economic marginalization, but sees less cyber risks than all of the other groups. Based on these results, the study argues that gaining a deeper knowledge of these distinct cluster-specific risk profiles is imperative in tailoring bespoke targeted risk mitigation strategies which can ultimately help steer Indonesia's financial ecosystem towards greater stability and inclusivity for all its citizens alike.
The Role of Fraud Hexagon Theory Perspective in Detecting Tax Fraud Safira, Selma Putri
Journal of Economics, Business, and Government Challenges Vol. 8 No. 2 (2025): Journal of Economics, Business, and Government Challenges [JoEBGC]
Publisher : Faculty of Economics and Bussiness, UPN "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/ebgc.v8i2.1615

Abstract

This study aims to analyze the factors influencing Tax Evasion using the Fraud Hexagon Theory perspective. This research is highly relevant considering the importance of understanding the dynamics of Tax Evasion in the context of organizational and individual behaviour. Amidst the government's efforts to increase state revenue through the tax sector, a deep understanding of the factors that encourage and suppress tax evasion is crucial. This type of research is quantitative using an explanatory research approach. The study population is registered and active corporate taxpayers at the Directorate General of Taxes Regional Office 1, with a sample of 100 respondents selected using a purposive sampling technique. The analysis technique applied is PLS-SEM, which is effective in measuring and modelling the relationship between variables. The results show that Pressure, Capability, and Collusion have a significant effect on Tax Evasion, while Opportunity, Rationalization, and Arrogance do not show a significant effect. This finding rejects several previous studies stated that Opportunity, Rationalization, and Arrogance play a greater role in Tax Evasion. This research contributes to tax policy, with the hope that strengthening technology-based tax administration systems is crucial for improving oversight and transparency. These results suggest that Opportunity, Rationalization, and Arrogance, which better support Tax Compliance, should be prioritized in efforts to reduce Tax Evasion. These three elements are integral to the Fraud Hexagon Theory, which broadens understanding of the factors that drive fraudulent activities, including Tax Evasion.
Addressing Regional Disparities in High School Entrepreneurship Education in a Developing Country Ahmi Husein, Muhammad; Araminta, Lavinia Disa Winona; Nur Arumsari, Devinta
Journal of Economics, Business, and Government Challenges Vol. 8 No. 2 (2025): Journal of Economics, Business, and Government Challenges [JoEBGC]
Publisher : Faculty of Economics and Bussiness, UPN "Veteran" Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/ebgc.v8i2.1612

Abstract

Entrepreneurship education is a critical driver of entrepreneurial skills and mindsets, yet its implementation often faces inequities, particularly in developing countries like Indonesia. Urban high schools, primarily on Java Island, benefit from practical learning opportunities, while rural and underdeveloped regions lack resources and access. This study investigates these disparities by exploring the experiences of university students enrolled in business-related courses about the entrepreneurship education gained during high school across diverse provinces. Using purposive sampling and inductive thematic analysis, the research captures perspectives from both developed and underdeveloped regions, highlighting the inequitable access to entrepreneurial opportunities. The findings show that urban schools provide more hands-on activities, like product creation and market engagement, while rural students face fewer opportunities and resources. The study highlights the need for practical learning methods and blended approaches to reduce these gaps. By offering insights for policymakers, this research aims to promote fair and effective entrepreneurship education programs. Addressing these regional disparities could make entrepreneurship education a powerful tool for socio-economic development, empowering students across Indonesia and fostering innovation in underserved areas.

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