cover
Contact Name
Faris Faruqi
Contact Email
faris.faruqi@stei.ac.id
Phone
+62818106202616
Journal Mail Official
jurnal.stei@gmail.com
Editorial Address
Jl. Kayu Jati Raya No. 11A, Rawamangun 13320
Location
Kota adm. jakarta timur,
Dki jakarta
INDONESIA
Jurnal STEI Ekonomi
ISSN : 08540985     EISSN : 25274783     DOI : https://doi.org/10.36406
Core Subject : Economy, Social,
Jurnal STEI Ekonomi has been published by the Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta. JEMI published two times a year in June and December. Jurnal STEI Ekonomi (JEMI) focuses on issues pertaining empirical investigation on Indonesian economics, accounting and management. JEMI aimed to tie researchers to share high quality publication at national level through blind review process. The article published in JEMI are expected to cover wide range topics in economics, accounting and management and employs standard economics, accounting and management analysis tools focusing on Indonesian economy.
Articles 191 Documents
Pengaruh Electronic Banking dan Electronic Money Terhadap Kinerja Keuangan Perbankan yang Terdaftar di Bursa Efek Indonesia Almurni, Siti; Fatin, Arista Safitri; Mustika, Maya
Jurnal STEI Ekonomi Vol 32 No 1 (2023)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v32i01.1323

Abstract

Penelitian ini bertujuan untuk menguji bagaimana pengaruh Electronic Banking dan Electronic Money terhadap Kinerja Keuangan Perbankan yang terdaftar di Bursa Efek Indonesia dengan variabel kontrol Likuiditas, Permodalan, dan Risiko Kredit periode 2018-2022. Penelitian ini menggunakan jenis penelitian asosiatif pendekatan kuantitatif, diukur dengan menggunakan metode berbasis regresi data panel dengan Eviews versi 12. Populasi dari penelitian ini adalah perusahaan perbankan yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2018 sampai dengan tahun 2022. Sampel ditentukan berdasarkan metode purposive sampling, dengan jumlah sampel sebanyak 27 perusahaan sehingga total observasi dalam penelitian ini sebanyak 135 obeservasi. Data yang digunakan dalam penelitian ini berupa data sekunder. Teknik pengumpulan data menggunakan metode dokumentasi melalui situs: www.idx.co.id, www.ojk.go.id, www.bi.go.id dan website pribadi perbankan. Pengujian hipotesis menggunakan uji t. Hasil penelitian membuktikan bahwa Electronic Banking berpengaruh terhadap kinerja keuangan dan Electronic Money tidak memiliki pengaruh terhadap kinerja keuangan. Variabel kontrol berupa Likuiditas berpengaruh terhadap kinerja keuangan. Variabel kontrol lainnya yaitu permodalan tidak memiliki pengaruh terhadap kinerja keuangan. Serta variabel kontrol Risiko Kredit berpengaruh terhadap Kinerja keuangan perbankan.
Analisis manajemen modal kerja terhadap profitabilitas pada perusahaan consumer goods yang terdaftar di bursa efek indonesia (2017-2022) Wijaya, Erric; Ferli, Ossi; Natasya, Nur Bunga; Ariani, Savira Indah
Jurnal STEI Ekonomi Vol 32 No 2 (2023)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v32i02.1369

Abstract

The COVID-19 pandemic has presented major challenges to various economic sectors, but the consumer goods sector has shown remarkable resilience. This study examines the impact of working capital management on the profitability of consumer goods companies on the Indonesia Stock Exchange before and during the pandemic. Using panel data from 16 companies, the regression analysis shows that accounts receivable collection period has a negative impact on profitability before the pandemic, while collection period, inventory, and accounts payable are not significant during the pandemic. These results provide insights into working capital management strategies that are relevant for consumer goods companies during times of economic crisis, especially in managing critical aspects such as receivables, inventories, and accounts payable.
Workload analysis with the full time equivalent method approach to determine workforce required Taufan, Sonny; Rahmawati, Risca; Mujiyono, Mujiyono; Iskandar, Donant Alananto
Jurnal STEI Ekonomi Vol 32 No 2 (2023)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v32i02.1371

Abstract

This research aims to to analyse the workload using the Full Time Equivalent (FTE) method to produce the optimal number of human resources. The post-pandemic economic recovery has led to increased productivity in various sectors, including PT Mada Wikri Tunggal which has experienced an increase in sales in the last three years. However, this increase in sales is inversely proportional to the number of human resources in the office sector of the company. Excessive or too minimal workload will cause inefficiency in the productivity of a company. The amount of workload that is too heavy indicates that the amount of workforce available is not balanced with the workload given, so it can cause physical and mental fatigue which results in a decrease in productivity. The data analysis method used in this research is the Full Time Equivalent (FTE) method. FTE can be assumed as a measure of the time required for the workforce to completely carry out work activities.
Pengaruh biaya lingkungan, green innovation dan keputusan investasi terhadap nilai perusahaan dengan profitabilitas sebagai pemoderasi Prakoso, Sawung; Zulfiati, Lies
Jurnal STEI Ekonomi Vol 33 No 1 (2024)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v33i1.1452

Abstract

This research aims to examine the impact of environmental impacts, green innovation and investment decisions on company value with moderation through profitability. This research for shows that environmental costs have no effect on company value in mining sector companies in Indonesia in 2019-2022, green innovation has an effect on company value in mining sector companies in Indonesia in 2019-2022, investment decisions have no effect on company value in mining sector companies in Indonesia in 2019-2022. Furthermore, profitability moderates environmental costs and influences company value in mining sector companies in Indonesia in 2019-2022. Profitability moderates the effect of green innovation on company value in mining sector companies in Indonesia in 2019-2022. profitability moderates investment decisions and has no effect on company value in mining sector companies in Indonesia in 2019-2022 with company value can be explained by environmental costs, green innovation, investment decisions and profitability. Article Information: Received 2/13/2024 / Revised 4/26/2024 / Accepted 5/16/2024 / Online First 5/17/2024
Pengaruh faktor impulsive buying behavior terhadap keputusan pembelian Winahyu, Nejelina Ardhiani; Astono, Anjar Dwi; Iskandar, Donant Alananto
Jurnal STEI Ekonomi Vol 33 No 1 (2024)
Publisher : Bagian Pengelolaan Jurnal dan Penerbitan - Sekolah Tinggi Ilmu Ekonomi Indonesia (BPJP - STIE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v33i1.1588

Abstract

This research investigates the influence of Perceived enjoyment and perceived usefulness on impulsive buying decisions in Shopee Live Streaming Shopping, which faces challenges in participant numbers compared to similar Platforms like TikTok. The research employs quantitative approach, and the study indicates that Perceived Enjoyment does not have a significant influence on impulsive buying decisions. Conversely, perceived usefulness exerts a positive and significant influence on impulsive buying decisions. The results demonstrate that both Perceived Enjoyment and Perceived Usefulness collectively have a positive and significant impact on impulsive buying decisions. The implications of these findings depict that, for Shopee Live Streaming Shopping consumers, purchases based on the necessity or utility of items drive impulsive buying behavior more than emotional satisfaction or entertainment alone. This study provides valuable insights to enhance marketing strategies and the development of Live Streaming shopping Platforms amidst competition with similar Platforms. Article Information:Received 3/29/2024 / Revised 4/19/2024 / Accepted 5/1/2024 / Online First 5/31/2024
Implementasi sistem manajemen anti penyuapan dalam mewujudkan good governance pada Pengadilan Agama Bantul Fanani, Muhammad Iqbal; Sunarsih, Uun
Jurnal STEI Ekonomi Vol. 34 No. 1 (2025)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v34i1.31

Abstract

The handling of corruption has been extensively carried out by the Indonesian government through a series of policies. Corruption incidents are closely related to the associated risk of bribery. The risk of gratification/bribery has become a dominant form of corruption in Indonesia, and this issue also occurs within the judicial system. The Bantul Religious Court is one of the units under the Supreme Court that took the initiative and volunteered to implement the Anti-Bribery Management System (ABMS) of the Supreme Court in 2023. This research aims to reveal the implementation of ABMS at the Bantul Religious Court and its impact on fulfilling the principles of Good Governance. The research method used is qualitative ethnomethodology, focusing on routine activities and emphasizing the observation of the daily interactions of a group of people within a community. The success of the Anti-Bribery Management System depends on the motivation and background of its needs, as well as the commitment of all parties, especially leaders, who must have a forward vision and a focus on improving public services. Understanding risk management remains a challenge, requiring sufficient planning and resources. The implementation of ABMS by the Supreme Court of Indonesia benefits society by reducing bribery and gratification practices through the improvement of work processes and risk management, enhancing effectiveness, accountability, and inclusivity in good governance. Article Information:Received 8/14/2024 | Revised 10/18/2024 | Accepted 11/30/2024 | Online First 1/19/2025
The impact of luxury hotel experience on brand equity and electronic word-of-mouth in Jakarta's hospitality industry vika, anindya; Sugiat, Maria Apsari
Jurnal STEI Ekonomi Vol. 34 No. 1 (2025)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v34i1.133

Abstract

This study examines the influence of social media marketing activities on brand equity and customer response at Hotel Grand Mercure Jakarta Harmoni. The research investigates how social media marketing activities affect brand awareness and brand image and how these brand equity components impact electronic word-of-mouth (E-WOM) and customer commitment. Using a quantitative approach with data collected from Instagram users through purposive sampling, the study employed Structural Equation Modeling with Partial Least Squares (SEM-PLS) for analysis. Findings reveal that social media marketing activities positively influence brand awareness and image. Furthermore, brand awareness and image significantly affect E-WOM and customer commitment. The research model demonstrates good predictive relevance. These results highlight the strategic importance of effective social media marketing in building brand equity and fostering positive customer responses in the hospitality industry. They give hotel marketers insights to enhance their digital marketing strategies for improved customer engagement and loyalty.
Model hubungan kinerja ESG, struktur modal, dan profitabilitas Oktrivina, Amelia
Jurnal STEI Ekonomi Vol. 34 No. 1 (2025)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v34i1.138

Abstract

This study examines the relationship between capital structure and ESG performance, along with the moderating role of profitability, using a sample of 30 publicly listed companies on the Indonesia Stock Exchange (IDX) from 2021 to 2023. Through path analysis and Moderated Regression Analysis (MRA), we find that Debt-to-Asset Ratio (DAR) positively influences ESG performance, suggesting that firms with higher leverage tend to achieve better ESG scores. However, this relationship is conditional on the type and level of profitability. Return on Equity (ROE) and Earnings Per Share (EPS) emerge as significant positive moderators, enhancing the positive effect of DAR on ESG performance. In contrast, Net Profit Margin (NPM) shows no moderating effect, while Operating Profit Margin (OPM) directly improves ESG performance without significantly moderating the DAR-ESG link. These findings highlight that not all profitability metrics equally influence the capital structure-ESG relationship. Practically, the study suggests that sustainable financing strategies should consider both leverage levels and profitability types—firms with high ROE or EPS can more effectively utilize debt to support ESG initiatives, whereas low-profitability firms should exercise caution to avoid compromising their sustainability commitments. This research provides valuable insights for corporate management and policymakers in aligning financial strategies with ESG objectives. 
Evaluasi pencapaian break even point sebagai strategi menentukan volume penjualan optimal dengan pendekatan dynamic capability Choiri, Efendi; Fahriani, Dian; Wicaksono, Achmad; Anwar, Chairil
Jurnal STEI Ekonomi Vol. 34 No. 1 (2025)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v34i1.170

Abstract

Public Fuel Filling Stations (SPBU) operate within a highly dynamic and competitive business environment. Fluctuating fuel prices, Government regulations, and changing consumer behavior pose significant challenges to maintaining operational sustainability and profitability. This study examines the application of Break Even Point (BEP) analysis and the Dynamic Capability approach in determining the optimal sales volume at SPBU Siwalan Panji. The research employs a qualitative descriptive method, utilizing data collection techniques such as interviews and documentation and data analysis involving reduction, presentation, and conclusion drawing. The findings indicate that BEP analysis is critical in identifying the minimum sales volume required to avoid losses and is a strategic tool for managerial evaluation and decision-making. Moreover, implementing Dynamic Capability through the digitalization of payment systems, inventory management using IoT, and service quality improvements has proven effective in enhancing operational efficiency and customer satisfaction. These innovations enable the SPBU to adapt to environmental changes and maintain optimal sales performance. The study recommends that other SPBUs adopt an integrated application of BEP and Dynamic Capability to support sustainable business growth in the evolving fuel retail industry.
Keberadaan trading house terhadap pemberdayaan perusahaan industri lokal: studi pada kawasan regional pasca integrasi MEA 2025 Siladjaja, Muljanto; Cahya, Johannes Ferry; Yosepha, Sri Yanthy; Pujiati, Herni
Jurnal STEI Ekonomi Vol. 34 No. 1 (2025)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jemi.v34i1.175

Abstract

This study examines how trading houses empower local firms to overcome export barriers, including foreign exchange risks and financing constraints, and serve as mediators that provide crucial market intelligence and quality assurance to reduce business risks. Using Structural Equation Modeling and Focus Group Discussions with 300 stakeholders across Jakarta, Bandung, Semarang, and Surabaya, the research reveals that trading houses significantly enhance export capabilities and support green product development through advanced manufacturing technologies and value-added investments, creating competitive advantages for the ASEAN Economic Community 2025. The findings demonstrate that while these partnerships foster sustainable industrial growth, their effectiveness is hampered by inconsistent national regulations regarding taxation, fees, and green product standards, highlighting the urgent need for more coherent policy frameworks to maximize trading houses' contribution to Indonesia's export development and sustainable manufacturing transition.

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