cover
Contact Name
Muhammad Irfan Nasution
Contact Email
ijbe@umsu.ac.id
Phone
+6281362257556
Journal Mail Official
ijbe@umsu.ac.id
Editorial Address
Fakultas Ekonomi Dan Bisnis Universitas Muhammadiyah Sumatera Utara
Location
Kota medan,
Sumatera utara
INDONESIA
International Journal of Business Economics (IJBE)
ISSN : -     EISSN : 2686472X     DOI : 10.30596/ijbe
International Journal of Business Economics (IJBE) is a media publication manuscript that contains the results of the Field Research Management applying peer-reviewed. Manuscripts published in the International Journal of Business Economics (IJBE) includes the results of scientific research original articles scientific reviews that are new
Articles 78 Documents
Personality, Market Consideration and Student Career Interest in Islamic Financial Institutions: Examining the Moderating Role of Motivation Nainggolan, Edisah Putra; Rialdy, Novien; Sari, Maya; Hawa, Siti; Winanda, Yola
International Journal of Business Economics (IJBE) Vol 6, No 1 (2024): September - Desember
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v6i1.21463

Abstract

Purpose – This study examines the effect of personality and market considerations on students' career interest in Islamic Financial Institutions: motivation as a moderating variable in Medan.Methodology – The population in this study were all accounting students at several private universities in Medan City. This study uses purposive sampling with the criteria of Accounting Study Program students in semesters IV and VI. The type of data used in this study is primary data. The data was collected by distributing questionnaires to students. The data analysis technique used is descriptive statistical analysis, and data analysis with statistics used SEM-PLS with the help of Smart PLS software.Findings – The results showed that personality and market considerations significantly affected students' career interest in Islamic Financial Institutions. Furthermore, motivation cannot moderate personality and market considerations significantly affect students' career interest in Islamic financial institutions.Originality/Novelty – The study model includes four variables and uses the notion of moderation by employing SEM-PLS to evaluate each connection in the model.Implications — This study shows that motivation does not moderate the effect of personality and market considerations on student career interest in Islamic financial institutions. Recommendations for future research include analyzing or using motivation variables as independent variables, not moderating variables.
Leader-Member Exchange and Employee Performance: The Mediating Role of Work Engagement and Job Satisfaction Siswadi, Yudi; Farisi, Salman; Arif, Muhammad; Astuti, Rini
International Journal of Business Economics (IJBE) Vol 6, No 2 (2025): MARCH - AUGUST 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v6i2.23542

Abstract

Purpose — This study investigates and evaluates the direct or indirect effects of leader-member exchange on work engagement and job satisfaction on employee performance.Methodology — This study adopts a causal approach, examining causal relationships between variables. It involved 200 employees from a Pharmaceutical Company in Medan, North Sumatra, Indonesia, with a sample size of 197 employees. Questionnaires were employed in this study's data collection process. Smartpls (Partial Least Squares) 3.0 software was utilised for structural equation modelling in statistical analysis.Findings — The findings of this study reveal that direct leader-member exchange, work engagement, and job satisfaction significantly affect employee performance. Leader-member exchange significantly affects performance through work engagement and employee job satisfaction at the Pharmaceutical Company in Medan, North Sumatra, Indonesia.Originality/Novelty — This study's novelty highlights the mediating role of work engagement and job satisfaction in the relationship between Leader-Member Exchange (LMX) and employee Performance improvement, providing new insights into such psychological mechanisms.Implications — This research provides information for the Pharmaceutical Company in Medan, North Sumatra, Indonesia, and related parties to improve employee performance by increasing job satisfaction and work engagement and improving existing leadership to provide employee comfort.
Enhancing Organisational Citizenship Behavior: A Trust-Based Perspective on Leadership and Support Hamali, Sambudi; Ikhsan, Ridho Bramulya; Efendi, Calvin Lucky; Rhido, M
International Journal of Business Economics (IJBE) Vol 6, No 2 (2025): MARCH - AUGUST 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v6i2.23848

Abstract

Purpose – This research examines the impact of transformational leadership, perceived organisational support, and organisational trust on organisational citizenship behaviour among Generation Z employees working in DKI Jakarta and tests organisational trust as a mediating variable.Methodology – This study employs a quantitative approach, specifically a causal study design utilising non-probability sampling. Data were gathered from 134 Generation Z respondents working in companies within DKI Jakarta through a questionnaire distributed via Google Forms. The data analysis used is the Structural Equation Model SEM-PLS with Warppls 8.0 software.Findings – The results showed that transformational leadership, perceived organisational support, and organisational trust affect organisational citizenship behaviour. Transformational leadership is more dominant in influencing organisational citizenship behaviour. Organisational trust as a mediating variable of the relationship between transformational leadership and perceived organisational support on organisational citizenship behaviour.Originality/Novelty – This study examined the influence of transformational leadership, perceived organisational support, and organisational trust on organisational citizenship behaviour, in contrast to previous studies that examined these factors separately. It also examined organisational trust as a mediating variable in the relationship between transformational leadership, organisational support, and organisational citizenship behaviour.Implications – Companies in DKI Jakarta must build trust between leaders and Generation Z with wise and inclusive leadership. In addition, leaders must be role models, inspire, and foster pride in the team.
E-Service Quality and e-Loyalty: Examining the Mediating Roles of e-Trust and e-Satisfaction Female Online Shoppers Purnama, Nadia Ika; Mujiatun, Siti
International Journal of Business Economics (IJBE) Vol 6, No 2 (2025): MARCH - AUGUST 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v6i2.23546

Abstract

Purpose—This study examines the impact of e-service quality on e-loyalty among female online shoppers in Medan, with e-trust and e-satisfaction as mediating factors.Methodology—The research population of research population is all female people in Medan City who are making online purchases on Facebook and Instagram applications. This study used a non-probability sampling method, using an online questionnaire administered through Google Forms to collect data from 170 people. Data were analyzed with the help of the SmartPLS program and structural equation modeling.   Findings – The results showed that e-service quality positively and significantly affects e-satisfaction (p0.05). E-service quality positively and significantly affects e-trust. E-service quality positively and significantly affects e-loyalty. E-satisfaction positively and significantly affects e-loyalty. E-trust positively and significantly affects e-loyalty. E-satisfaction positively and significantly plays a role in mediating the effect of e-service quality on e-loyalty. E-trust positively and significantly plays a role in mediating the effect of e-service quality on e-loyalty.Originality/Novelty – This research model includes four variables and utilizes the notion of mediation by using SEM-PLS to evaluate each relationship in the model.Implications—This study's results are expected to be input and a foundation for Facebook and Instagram application users and companies, helping them determine the right strategy to increase consumer e-loyalty.
Does Investor Sentiment Moderate the Link Between Ownership Structure, Debt, and Stock Price Crash Risk in the Indonesian Technology Sector? Kustina, Lisa; Juliansyah, Doni
International Journal of Business Economics (IJBE) Vol 6, No 2 (2025): MARCH - AUGUST 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v6i2.23852

Abstract

Purpose – Conducting this research will help to look into how ownership structure, debt maturity, and investor sentiment affect the chance of a stock price crash risk among technology businesses that are traded on the IDX stock market between 2020 and 2022. The goal is to identify the key elements determining the likelihood of collisions.Methodology – A quantitative method employing binary logistic regression is utilised to investigate the impact of ownership structure, debt maturity, and investor sentiment on the likelihood of stock price crashes. Ownership composition, debt maturity, sentiment indicators, and stock price data from 172 firm-month observations are among the secondary data included in the investigation.Findings – According to the findings, Investor Sentiment (X3) substantially enhances the chance of a stock price crash (Y). While Debt Maturity (X2) and Ownership Structure (X1) are not significant on their own, their interaction with Investor Sentiment (X3) exerts a considerable moderating influence. Associated with Investor Sentiment (X3) and crash risk is substantially influenced by diverse Ownership Structure (X1) types, implying that market sentiment's effect depends on ownership characteristics.Originality/Novelty – This research contributes to the restricted field of empirical studies conducted with regard to the possibility of stock market crises occurring in developing economies, particularly in the technology sector in Indonesia. By incorporating Debt Maturity (X2) and Investor Sentiment (X3) as explanatory variables, it offers a more detailed understanding of factors leading to crash risk.Implications – The results provide helpful information for technology companies' risk management plans. They advise investors and policymakers to carefully monitor ownership trends, debt maturity, and investor sentiment to better predict and minimise the danger of stock market crashes.
Towards Whom Do Consumers Exhibit Loyalty? Rajagukguk, Sabar Aritonang; Sofyan, Dedy; Yuniarty, Yuniarty
International Journal of Business Economics (IJBE) Vol 6, No 2 (2025): MARCH - AUGUST 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v6i2.23681

Abstract

Purpose – This research aims to test the effect of perceived effectiveness of loyalty programs, perceived online channel value and customer loyalty on repurchase decision.Methodology – This study employs a quantitative approach. A study involving 210 samples from ACE Hardware members who are also MISS ACE app users examined the influence of perceived online channel value and perceived effectiveness of loyalty programs on repurchase decisions, mediated by customer loyalty, using the method of SEM, with SMART-PLS software for data analysis.Findings – Both perceived effectiveness of loyalty programs and perceived online channel value significantly influence repurchase decisions, both directly and indirectly through customer loyalty. The fact that the perceived online channel value has a greater impact than loyalty programs emphasises the need to enhance the value of online platforms as the primary means of creating loyalty and driving repurchases.Originality/Novelty – This research tests four research variables that have not been studied: perceived effectiveness of loyalty programs, perceived online channel value and customer loyalty on repurchase decision.Implications – The findings suggest that ACE Hardware members value the app's functionality more than the loyalty programs in making repurchase decisions, emphasising the need for investing in app features le tailoring more market-relevant loyalty programs.
The Continuous Intention of Electricity Mobile Apps: Evidence from Indonesia Putra, Ade Oktarizal; Lita, Ratni Prima; Besra, Eri; Syafrida, M. Fajar
International Journal of Business Economics (IJBE) Vol 7, No 1 (2025): SEPT 2025 - MARCH 2026
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v7i1.26499

Abstract

Purpose – The low number of active users of the Indonesian state-owned enterprises related to electricity compared to the total number of registered users indicates challenges in promoting sustainable use. This study analyzes the factors influencing continuous intention and use behavior by adopting the Unified Theory of Acceptance and Use of Technology 2 (UTAUT2) model, which has been expanded to include the variable of trust.Methodology – A quantitative approach, incorporating hypothesis testing techniques, was employed in this study. There were 370 samples, selected using purposive sampling, consisting of PLN Mobile users in West Sumatra who had used the PLN Mobile app within the past three months. Data was collected through an online questionnaire and analyzed using SmartPLS 4.0 software with structural equation modeling techniques.Findings – Hedonic motivation, price value, habit, trust, social influence, performance expectancy, effort expectancy, and facilitating factors all had a positive and significant impact on continuous intention. Habit and facilitating conditions also have a favorable and substantial impact on use behavior. Continuous intention mediates the relationship between trust and use behavior, having a favorable and significant effect on use behavior.Originality/Novelty – This study highlights the role of the UTAUT2 model and trust in influencing sustained intention and usage behavior among mobile application users at state-owned enterprises related to electricity.Implications – The findings of this study will help PLN, as an Indonesian state-owned enterprise related to electricity, understand the significant role of aspects in the UTAUT2 model and trust in shaping sustainable intention and usage behavior among PLN Mobile app users.
Digital Financial Literacy and Financial Well-Being: Unpacking the Roles of Financial Behavior and Financial Stress Wahyuni, Sri Fitri; Dahrani, Dahrani; Sari, Maya; Putri, Izmi Adinda; Nabila, Alfina
International Journal of Business Economics (IJBE) Vol 7, No 1 (2025): SEPT 2025 - MARCH 2026
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v7i1.25672

Abstract

Purpose—This study aims to analyze the effect of Digital Financial Literacy on Financial Behavior, Financial Stress, and Financial Well-being among students of Islamic universities in Medan. This study also examines the mediating role of Financial Behavior and Financial Stress in the relationship between Digital Financial Literacy and Financial Well-being.Methodology— The target population of this study consisted of students who had previously taken financial management courses. The sampling technique used was accidental sampling, in which respondents were selected based on their availability and willingness to participate at the time of data collection. This study employed a non-probability sampling method, using an online questionnaire distributed through Google Forms to collect data from 385 students at private universities in Medan. The collected data were then analyzed using the SmartPLS program with the SEM-PLS approach.    Findings – The results showed that Digital Financial Literacy has a significantly positive effect on financial behavior and Financial Well-being. Additionally, it was found that digital financial literacy has a significant negative impact on financial well-being, contributing to financial stress. Financial behavior is shown to have a significant positive effect on financial well-being. In contrast, financial stress negatively impacts financial well-being but also positively influences financial behavior.Originality/Novelty – This research model includes four variables and utilizes the notion of mediation by using SEM-PLS to evaluate each relationship in the model.Implications—This study implies that improving digital financial literacy can significantly promote individual financial well-being directly and indirectly through positive financial behavior and reduced financial stress.