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Mochammad Tanzil Multazam
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Universitas Muhammadiyah Sidoarjo Majapahit 666 B, Sidoarjo, East Java Indonesia
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INDONESIA
Indonesian Journal of Law and Economics Review
Published by Universitas Muhammadiyah Sidoarjo
ISSN : -     EISSN : 25989928     DOI : https://doi.org/10.21070/ijler
Core Subject : Economy, Social,
Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice
Indonesian Journal of Law and Economics Review (IJLER) is published by Universitas Muhammadiyah Sidoarjo four times a year. This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.This journal aims is to provide a place for academics and practitioners to publish original research and review articles. The articles basically contains any topics concerning Law and Economics. IJLER is available in online version. Language used in this journal is Indonesia or English.
Arjuna Subject : Ilmu Sosial - Hukum
Articles 41 Documents
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Search results for , issue "Vol. 18 No. 3 (2023): August" : 41 Documents clear
Enhancing Maqasid Syariah through E-Banking: A Qualitative Analysis of Syariah-Compliant Financial Transactions: Meningkatkan Maqasid Syariah melalui E-Banking: Analisis Kualitatif atas Transaksi Keuangan yang Sesuai Syariah Masruchin, Masruchin; Wicaksono, Arief; Silvia, Nur Manna; Dimawan, Amelia Eka
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.934

Abstract

The article presents a qualitative study analyzing the utilization of e-banking syariah from the perspective of Maqasid Syariah, focusing on Islamic principles in financial transactions. Employing a descriptive approach and content analysis, data were collected through literature review, documentation, and interviews. The findings reveal that e-banking syariah significantly contributes to achieving Maqasid Syariah, promoting responsible financial practices aligned with Islamic principles. The study highlights benefits such as ethical transactions, wise financial decisions, and improved investment management. The implications emphasize the relevance of these findings for professionals and scholars in the field of Islamic finance and banking. Highlight: Significance of E-Banking Syariah: The research highlights the substantial benefits of utilizing e-banking syariah in achieving Maqasid Syariah, including adherence to Islamic principles in financial transactions and wise financial decision-making. Holistic Well-Being: E-Banking Syariah contributes to the preservation of individuals' well-being in aspects of religion, soul, intellect, lineage, and wealth, promoting a balanced and spiritually fulfilling life. Responsible Implementation: The study emphasizes the importance of grounding the use of e-banking syariah on strong Islamic principles, promoting transparency, and accountability in financial management while avoiding prohibited practices. Keyword: E-Banking Syariah, Maqasid Syariah, Islamic Finance, Financial Transactions, Qualitative Study
Enhancing Employee Retention in Modern Shopping Centers: The Impact of Training and Job Design in Surabaya: Meningkatkan Retensi Karyawan di Pusat Perbelanjaan Modern: Dampak Pelatihan dan Desain Pekerjaan di Surabaya Novianto, Iful; Rizqiawan, Hendrik; Indrawati, Trisa
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.935

Abstract

This quantitative study examines the influence of training and job design on employee retention in modern shopping centers in Surabaya. The analysis of 35 experienced respondents reveals that both training and job design are highly valued factors, with average scores above 3.25. Job design particularly stands out with an average score of 3.51. Regression analysis confirms that both training and job design significantly impact employee retention, emphasizing their crucial role in supporting employee performance and retaining valuable workforce in the retail industry. This research aligns with previous studies highlighting the positive correlation between training and employee retention, as well as the impact of job design on retention in other organizational settings. The findings offer valuable insights for HR practitioners and decision-makers aiming to enhance employee retention strategies in modern shopping centers. Highlight: mportance of Training and Job Design: The study emphasizes the significance of providing appropriate training and favorable job design to employees working in modern shopping centers, as these factors are considered crucial for enhancing employee retention. Quantitative Approach: The research adopts a quantitative approach, employing descriptive and regression analyses, to explore the relationship between training, job design, and employee retention in Surabaya's modern shopping centers. Significant Impact: Findings reveal that both training and job design have a significant effect on employee retention, as perceived by employees, underscoring their role in retaining skilled workforce within the retail industry. Keyword: Employee Retention, Training, Job Design, Modern Shopping Centers, Surabaya
Erase The Disciplinary Penalty as A Guarantee For Employees to Remove its Effects Kadhim, Sarmad Jawad
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.936

Abstract

This scientific article presents a comparative analysis of the erasure of disciplinary penalties for public employees in the context of organizational and statutory relationships with the state. The study explores the historical evolution of terminology used in Iraqi legislation, transitioning from "nullification" to "cancellation" in recent years. Despite variations in nomenclature, the essence of erasure remains consistent across legislations. Notably, the researched laws do not offer a legislative definition of erasure, relying instead on legal texts to regulate its application. Furthermore, the study highlights the role of administrative judiciary in handling erasure cases without providing a specific definition. By examining the goals, methods, and implications of erasure provisions, this research contributes valuable insights to the field of public employment law, aiming to foster stability in public utilities and ensure the efficient functioning of public services. Highlights: Historical evolution of terminology in Iraqi legislation. Lack of a legislative definition for erasure in researched laws. Role of administrative judiciary in handling erasure cases. Keywords: Erasure, Disciplinary Penalties, Public Employees, Organizational Relationships, Statutory Relationships
Factors Affecting Entrepreneurial Decision Making Among University Graduates: A Case Study of Universitas Riau Kepulauan: Faktor-Faktor yang Mempengaruhi Pengambilan Keputusan Berwirausaha di Kalangan Lulusan Perguruan Tinggi: Studi Kasus Universitas Riau Kepulauan Hati, Ravika Permata; Syafruddin, Syafruddin; Putra, Rizki Eka; Mulyati, Sri; Melania, Sherly
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.937

Abstract

This scientific article addresses the concerning issue of increasing unemployment among university graduates in Indonesia, focusing on the Faculty of Economics and Business students at Universitas Riau Kepulauan (class of 2019-2020). Employing a quantitative approach, the research examines the influence of accounting information systems, e-commerce, and income expectations on entrepreneurial decision making. Data from 79 respondents were collected using the Slovin formula and analyzed using SPSS software. The study reveals that the utilization of accounting information systems significantly impacts entrepreneurial decision making, while e-commerce has a positive but non-significant effect. Furthermore, income expectations significantly influence graduates' entrepreneurial choices. The findings underscore the need to foster entrepreneurial mindsets among university graduates to mitigate unemployment challenges. Highlight: The research investigates the concerning increase in unemployment among university graduates in Indonesia, with a focus on the Faculty of Economics and Business students at Universitas Riau Kepulauan. A quantitative approach is employed, using the Slovin formula to gather data from 79 respondents analyzed through SPSS software version 20. The study reveals that the utilization of accounting information systems positively and significantly influences entrepreneurial decision making among the students, while e-commerce shows a positive but non-significant effect, and income expectations significantly impact entrepreneurial choices. Keyword: Unemployment, University Graduates, Entrepreneurship, Accounting Information Systems, E-commerce
The Urgency of Strategic Plan Management in Improving Madrasah Quality: Urgensi Manajemen Rencana Strategis dalam Meningkatkan Kualitas Madrasah Istikomah, Istikomah; Romadlon , Dzulfikar Akbar; Nadlif , Ainun
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.940

Abstract

Madrasah in Indonesia are educational institutions whose curriculum contains Islamic lessons, which are often managed without proper planning. In this paper, the author will conduct a conceptual study based on existing literature regarding preparing strategic plans for improving management in madrasas. The conclusion of this study shows that strategic planning is essential in determining the direction of madrasah development in the future. Before compiling the madrasah strategic planning document, define the vision and mission to be achieved by all stakeholders. Then the madrasa conducts a SWOT analysis to determine its strengths and weaknesses and performs an environmental analysis to determine the weaknesses and strengths of the institution for the successful achievement of its mission and goals. After all stakeholders in the madrasa know the institution's condition, it is necessary to set targets that need to be evaluated annually. Highlights: Strategic Planning: Strategic planning is crucial for determining the future development direction of madrasahs, ensuring effective management and achievement of goals. SWOT Analysis: Conducting a SWOT analysis helps identify the strengths, weaknesses, opportunities, and threats of the madrasah, guiding decision-making and improvement efforts. Stakeholder Involvement: Involving all stakeholders in defining the vision, mission, and strategic goals fosters a shared sense of ownership and commitment to the madrasah's success. Keywords: Madrasah, Strategic Planning, SWOT Analysis, Stakeholders, Targets
Optimizing Property Tax Collection: E-KTP and Payment Reminder Approach: Mengoptimalkan Pemungutan Pajak Bumi dan Bangunan: Pendekatan E-KTP dan Pengingat Pembayaran Mulyadi, Akhmad; Syahrorini , Syamsudduha; Ayuni , Shazana Dhiya; Rosidah , Izza; Negara, Fatahillah Okra
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.942

Abstract

This scientific article explores the importance of community involvement in regional development, emphasizing the collaborative efforts between government, citizens, and the business sector. The study focuses on the significant influence of local revenue on the progress of a region, where higher income correlates with improved development. However, certain areas face challenges due to the relatively low contribution of Property Tax (PBB) to Regional Original Income (PAD), mainly attributed to taxpayers' lack of awareness and occasional forgetfulness in meeting payment deadlines. In response, the research proposes an innovative approach to optimize PBB collection by leveraging e-KTP-based service queuing and payment reminders. The implementation of tax education programs covering various tax obligations, such as Pph, PPN, PBB, and Bea Materai, forms a critical aspect of this strategy. The results indicate promising advancements in revenue collection, underscoring the potential implications for sustainable regional development. Highlights: Efficient Collection: Implementing an E-KTP and payment reminder-based system improves the efficiency of property tax collection, ensuring timely payments and maximizing revenue for regional development. Citizen Awareness: Raising awareness among taxpayers about their obligations through tax education programs fosters a sense of civic responsibility and encourages voluntary compliance. Sustainable Development: Optimal property tax collection plays a pivotal role in financing sustainable regional development initiatives, contributing to improved infrastructure and public services. Keywords: Property Tax, PBB, E-KTP, Payment Reminder, Regional Development
Fintech Peer To Peer Lending Sharia as an Alternative Capital for MSME in Sidoarjo : Fintech Peer To Peer Lending Berbasis Syariah Sebagai Alternatif Permodalan UMKM Sidoarjo Latifah, Fitri Nur; Ardiani, Ninda; Ariyanti , Novia; Syafitri , Mega Novita
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.943

Abstract

This study aims to explore the role of Islamic peer-to-peer lending fintech as an alternative solution to Sidarjo's MSME capital problem. As we know there are still many MSMEs still unbankable. So when capital issues arise, they are in trouble. Therefore, the existence of Sharia Fintech with P2P system is expected to be the solution to these problems. The study uses a qualitative case study method that collects secondary and primary data through interviews with Sidoarjo economic officials. The conclusion of this study shows that sharia peer-to-peer loan financing to MSME can improve his MSME's performance. Sidoarjo's MSMEs just lack understanding of Sharia Fintech P2P as an alternative to capital. Highlights: Sharia Fintech P2P as a solution for MSME capital problem Qualitative case study using secondary and primary data Lack of understanding hindering MSMEs from accessing Sharia P2P finance. Keywords: Islamic peer-to-peer lending,Fintech,MSMEs,Sidoarjo,Sharia finance
The Impact Of Tiket.Com Website Quality And E-Trust On Concert Ticket Purchasing Decision: Pengaruh Kualitas Website Tiket.Com Dan E-Trust Terhadap Keputusan Pembelian Tiket Konser Wahyuni , Risma Ika; Purwanto, Nuri
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.944

Abstract

This quantitative research aims to investigate the influence of Website Quality and E-Trust on the purchasing decisions of concert tickets among EXO fans using Tiket.com services. Employing a descriptive research method, data was collected from 100 respondents through purposive sampling and analyzed using SPSS. The study revealed that both Website Quality and E-Trust significantly affect the concert ticket purchase decisions of EXO fans. These findings contribute to the understanding of online consumer behavior and hold implications for ticket reservation services, emphasizing the importance of attractive, easily accessible websites and robust online trust mechanisms to foster positive purchase decisions. Highlights: Significance of Website Quality: The study examines the impact of website quality on purchase decisions, emphasizing the need for an attractive and user-friendly online platform to enhance customer engagement and conversion rates. Crucial Role of E-Trust: The research highlights the pivotal role of online trust in influencing consumers' decisions to purchase concert tickets online, underlining the importance of establishing secure and reliable platforms. Insights into EXO Fans' Behavior: The study provides valuable insights into the behavior of EXO fans as they engage with ticket reservation services, aiding businesses in catering to the preferences of this specific target audience. Keywords: Website Quality, E-Trust, Purchase Decision, Concert Tickets, EXO Fans
Teenagers' Purchasing Decisions: Shopping Lifestyle and Brand Ambassadors' Influence: Pengaruh Gaya Belanja dan Duta Merek terhadap Keputusan Pembelian Produk Perawatan Tubuh Pria: Studi Kuantitatif pada Remaja Huda, Ahmad Fatkul; Purwanto, Nuri
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.946

Abstract

This quantitative study aimed to investigate the impact of shopping lifestyle and brand ambassadors on the purchasing decisions of MS GLOW FOR MEN body care products among teenagers in Jombang Regency. The sample consisted of 100 individuals selected using simple random sampling. Data was collected through questionnaires and literature review. SPSS analysis revealed a significant positive effect of shopping lifestyle and brand ambassador variables on the decision to purchase MS GLOW FOR MEN products. These findings contribute to understanding consumer behavior in the skincare market, emphasizing the importance of marketing strategies that incorporate brand ambassadors and cater to diverse shopping lifestyles for successful product sales and brand loyalty. Highlights: Significance of Brand Ambassadors: Explore the impact of brand ambassadors on consumer purchasing decisions for men's body care products. Influence of Shopping Lifestyle: Investigate how shopping lifestyle affects the choice of MS GLOW FOR MEN products among teenagers. Quantitative Analysis: Utilize SPSS to analyze data and establish the relationship between key variables in the skincare market. Keywords: Shopping Lifestyle, Brand Ambassadors, Men's Body Care Products, Consumer Purchasing Decisions
Impact of Good Corporate Governance Mechanisms on Financial Performance: Evidence from Indonesian Manufacturing Companies: Dampak Mekanisme Tata Kelola Perusahaan yang Baik terhadap Kinerja Keuangan: Bukti dari Perusahaan Manufaktur Indonesia Satria, Hendy; As Sahara, Masyitah; Fitriani, Yeni
Indonesian Journal of Law and Economics Review Vol. 18 No. 3 (2023): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v18i3.947

Abstract

This study investigates the effect of four independent variables, namely independent commissioners, audit committees, leverage, and firm size, as mechanisms of good corporate governance on the financial performance of Indonesian manufacturing companies. The population consists of 142 companies listed on the Indonesia Stock Exchange (IDX) and publishing financial reports from 2019 to 2022. Panel data regression analysis using E-Views Software is employed for analysis. The findings reveal that independent commissioners, audit committees, leverage, and firm size collectively influence financial performance by 36.2%, with the remaining 64.8% attributed to other factors. All variables demonstrate a significant influence, but only independent commissioners exhibit a negative effect. These findings emphasize the importance of effective corporate governance practices in enhancing financial performance and provide valuable insights for policymakers and stakeholders to foster sustainable and resilient corporate environments. Highlight: Multiple Independent Variables: The study examines the impact of four crucial corporate governance mechanisms, including independent commissioners, audit committees, leverage, and firm size, on the financial performance of Indonesian manufacturing companies. Collective Influence on Financial Performance: The findings suggest that these corporate governance mechanisms collectively contribute to 36.2% of the financial performance variation, highlighting their significant role in shaping company outcomes. Negative Effect of Independent Commissioners: Interestingly, the study reveals that while all variables show a substantial influence, independent commissioners have a negative effect on financial performance, necessitating further investigation and potential policy adjustments. Keyword: Corporate Governance, Financial Performance, Manufacturing Companies, Panel Data Regression, Indonesia

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