cover
Contact Name
Mochammad Tanzil Multazam
Contact Email
tanzilmultazam@umsida.ac.id
Phone
-
Journal Mail Official
p3i@umsida.ac.id
Editorial Address
Universitas Muhammadiyah Sidoarjo Majapahit 666 B, Sidoarjo, East Java Indonesia
Location
Kab. sidoarjo,
Jawa timur
INDONESIA
Indonesian Journal of Law and Economics Review
ISSN : -     EISSN : 25989928     DOI : https://doi.org/10.21070/ijler
Core Subject : Economy, Social,
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 56 Documents
Search results for , issue "Vol. 19 No. 4 (2024): November" : 56 Documents clear
Revolutionizing Workplace Safety Through Innovative Ergonomic Solutions in Indonesia: Merevolusi Keselamatan di Tempat Kerja Melalui Solusi Ergonomis yang Inovatif di Indonesia Putri, Natasya Kurniawan; Putra, Boy Isma
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1165

Abstract

General Background: Workplace accidents significantly impact employee health, productivity, and organizational efficiency, necessitating effective safety and health management strategies. Specific Background: The study investigates the use of the Macro Ergonomic Analysis and Design (MEAD) method at PT Esprobags to improve occupational health and safety measures. Knowledge Gap: PT Esprobags faces challenges in effectively addressing employee health concerns, especially regarding health insurance and workplace conditions, despite increasing demand for safety protocols. Aims: This research aims to identify key health and safety issues affecting employees, utilizing MEAD to analyze and design solutions that mitigate workplace accidents and improve overall employee well-being. Results: The findings indicate that inadequate health insurance and infrequent health checks, along with insufficient drinking water quality and room cleanliness, are primary concerns among employees. The analysis reveals that environmental factors significantly influence employee safety, health, and performance, contributing to a 60.7% variance in the work environment's impact on safety and performance. Novelty: This study introduces a structured ergonomic approach tailored to the unique needs of the manufacturing sector, emphasizing the importance of holistic workplace assessments. Implications: PT Esprobags' implementation of the MEAD methodology can improve employee satisfaction, productivity, and safety, contributing to a broader understanding of workplace ergonomics and occupational health. Highlights: Health Concerns: Inadequate health insurance and checks impact employee well-being. Environmental Impact: Workplace conditions significantly affect safety and productivity. Implementation Benefits: MEAD enhances satisfaction and reduces workplace accidents. Keywords: workplace safety, ergonomic analysis, employee health, Macro Ergonomic Analysis and Design, occupational safety
Optimizing Career Woman's Financial Management Through Monthly Budget and Fintech: Optimalisasi Manajemen Keuangan Wanita Karier Melalui Anggaran Bulanan dan Fintech Hasanah, Uswatun; Rahayu , Ruci Arizanda
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1166

Abstract

General Background: The financial management landscape for career women has evolved significantly in the digital era, particularly with the rise of financial technology (fintech). Specific Background: The integration of fintech facilitates budgeting and expense tracking, allowing career women to manage their finances more effectively. However, while fintech offers convenience, it may also contribute to impulsive spending behavior due to easy access to funds. Knowledge Gap: Existing literature lacks a comprehensive understanding of how career women utilize fintech for financial management and the implications of this technology on their budgeting practices. Aims: This study aims to explore the financial management strategies employed by career women in the digital era, focusing on budgeting, the application of accounting in household finances, and the impacts of fintech on their financial behaviors. Results: Career women effectively manage their finances through monthly budgets, reducing stress and achieving financial goals, but the convenience of fintech can increase wasteful expenditure. Novelty: This research contributes new insights into the intersection of career women's financial management, accounting practices, and fintech, addressing a critical gap in the literature. Implications: The study emphasizes the need for financial education for career women, emphasizing balanced practices to maximize fintech benefits and reduce impulsive spending, promoting financial stability and empowerment. Highlights: Budgeting aids career women in spending control and goal achievement. Fintech simplifies transactions, improving financial management efficiency. Ease of use may lead to impulsive spending behavior. Keywords: financial management, career women, fintech, budgeting, digital era
Web-Based System Enhances Extracurricular Management Efficiency in Educational Institutions: Sistem Berbasis Web Meningkatkan Efisiensi Pengelolaan Ekstrakurikuler di Institusi Pendidikan Hidayat, Fahri Fauzi; Rahmawati, Yunianita
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1167

Abstract

Background: The advancement of information technology has significantly influenced educational management, particularly in managing extracurricular activities within schools. Specific Background: Traditional methods of managing these activities often lead to time-consuming processes and ineffective communication, highlighting the need for a more efficient system. Knowledge Gap: While various management systems exist, few specifically address the challenges faced in managing extracurricular activities effectively and transparently. Aims: This research aims to develop and implement a web-based Extracurricular Management Information System (SIMAK) to enhance efficiency and transparency in managing extracurricular activities. Results: Utilizing Agile methodology with the Scrum model and the Laravel framework, the study successfully developed the SIMAK application, which supports activity registration, schedule management, attendance tracking, and student assessments. The implementation of SIMAK resulted in improved administrative efficiency, streamlined processes, and increased transparency in information access for administrators, coaches, and students. Novelty: This study presents a unique approach to extracurricular management by leveraging modern technology and methodologies to address existing inefficiencies in educational settings. Implications: The findings suggest that the SIMAK application not only enhances the management of extracurricular activities but also encourages greater student participation and provides schools with better data for decision-making. Overall, the application significantly contributes to optimizing students' educational experiences outside the classroom, promoting a more organized and transparent approach to extracurricular management. Highlights: Efficiency: Streamlines registration and scheduling processes for extracurricular activities. Transparency: Improves information access for all users involved. Engagement: Increases student participation in extracurricular activities. Keywords: Extracurricular Management, Information System, Agile Methodology, Transparency, Education Technology
Personality as a Key Factor in Financial Management of Traditional Market Traders: Kepribadian sebagai Faktor Utama dalam Manajemen Keuangan Pedagang Pasar Tradisional Qoni’ah, Nanda Sayyidah; Rahmawati, Imelda Dian
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1168

Abstract

Financial management behavior is crucial for the success of small traders, particularly in traditional markets. In Indonesia, traditional market traders often face challenges in managing their finances effectively due to varying levels of financial literacy, attitudes, and personality traits. Limited research has examined how these factors specifically affect financial management behavior in traditional market settings. This study investigates the relationship between financial literacy, financial attitudes, and personality with the financial management behavior of traders in three major markets in Sidoarjo: Larangan, Porong, and Gedangan. Utilizing primary data from 100 respondents through random sampling and analyzed using SPSS, the findings reveal that financial literacy and attitudes do not significantly influence financial management behavior. However, personality shows a positive and significant effect on financial management behavior among these traders. This study uniquely highlights personality as a key factor in financial management, suggesting that individual traits may outweigh financial knowledge or attitudes in this context. The results emphasize the need for financial education programs to consider personality traits, enhancing financial management practices among traditional market traders. Highlights: Personality significantly impacts financial management behavior among traditional market traders. Financial literacy and attitudes do not directly influence financial management in this context. Financial education should incorporate personality traits to improve management practices. Keywords: Financial Literacy, Personality, Financial Attitude, Market Traders, Financial Behavior
Risk Management in Production using Quality Risk Approach and FMEA: Manajemen Risiko dalam Produksi menggunakan Pendekatan Risiko Kualitas dan FMEA Solikha, Nanda Rochimatus; Marodiyah, Inggit
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1169

Abstract

Abstract: The production process of 600ml AQUA at PT Tirta Investama (AQUA) Pandaan faces significant risks, including non-compliance with standards in bottle density, incorrect packaging labels, unreadable bottle codes, box failures, and barcode rework. These issues pose challenges in maintaining product quality and operational efficiency. Specific Background: With 247 bottles failing density standards and 18 packaging errors occurring daily, effective risk management is crucial. Knowledge Gap: Previous studies have not integrated Quality Risk Management (QRM) and Failure Mode Effect and Criticality Analysis (FMECA) to address production risks in the context of AQUA's operations. Aims: This study aims to identify the highest critical risk points and propose mitigation strategies. Results: Utilizing QRM and FMECA, 42 risks were identified, categorized into 20 acceptable, 21 tolerable, and 1 unacceptable risk, specifically related to pallets stuck on conveyors due to substandard quality. Novelty: The application of these integrated methodologies provides a systematic approach to identifying and mitigating risks in the production process, highlighting the necessity for in-depth inspections by logistics and machine operators. Implications: The findings underscore the importance of rigorous quality control and proactive risk management in manufacturing to enhance product quality and minimize operational disruptions, thus ensuring customer satisfaction and competitiveness in the market. Highlights: Effective risk management is crucial to ensure product quality and operational efficiency. Integration of QRM and FMECA identifies critical risk points in the production process. Regular inspections and quality control can significantly reduce unacceptable risks. Keywords: Risk Management, Production Process, QRM, FMECA, AQUA
Analysis of the Effect of Corporate Social Responsibility on Company Management Performance: Analisis Pengaruh Corporate Social Responsibility terhadap Kinerja Manajemen Perusahaan Zakiah, Mahira Ilmi; Harianto, Wiwit
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1170

Abstract

General Background: Corporate Social Responsibility (CSR) significantly influences company performance in today’s business environment. Specific Background: Inconsistent findings exist regarding CSR's impact on management performance, particularly in Indonesia’s state-owned enterprises (BUMN). Knowledge Gap: This study addresses this gap by examining the effects of environmentally and socially oriented CSR on the management performance of BUMN companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2022. Aims: The study aims to empirically assess how CSR influences management performance using quantitative data from annual reports. Results: The findings reveal that both environmentally and socially oriented CSR positively impact management performance, with implications for financial outcomes. Novelty: This research offers new insights into the relationship between CSR initiatives and firm performance. Implications: The results provide valuable information for investors and corporate managers, highlighting the necessity of effective CSR strategies to enhance operational performance and build investor confidence. Highlights: Positive Impact: Both environmentally and socially oriented CSR significantly enhance management performance in BUMN companies. Investment Insights: Effective CSR strategies are essential for building investor confidence and improving financial outcomes. Research Contribution: This study fills the knowledge gap by empirically linking CSR initiatives to firm performance in Indonesia. Keywords: Corporate Social Responsibility, Management Performance, State-Owned Enterprises, Indonesia Stock Exchange, Financial Outcomes
Governance and Risk Management in Sharia Banks and Financial Performance: Tata Kelola dan Manajemen Risiko di Bank Syariah dan Kinerja Keuangan Jaziroh, Wardatul; Nirwana, Nihlatul Qudus Sukma
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1171

Abstract

General Background: The financial performance of Sharia commercial banks is crucial for Indonesia's economic growth. Specific Background: This study explores the impact of Good Corporate Governance (GCG), Internal Audit, and Risk Management on the financial performance of Sharia banks, particularly after the enactment of Law No. 21 of 2008. Knowledge Gap: Existing literature shows mixed results regarding the effects of these governance factors, indicating a need for comprehensive analysis in the context of Sharia banking. Aims: The research aims to assess how GCG, Internal Audit, and Risk Management affect financial performance from 2018 to 2021. Results: Analysis of 44 Sharia banks reveals that while Internal Audit negatively affects performance, GCG and Risk Management have significant positive impacts. Novelty: This study introduces a thorough examination of Risk Management alongside GCG and Internal Audit, enhancing the understanding of their roles in Sharia banking. Implications: Findings highlight the importance of strengthening governance frameworks in Sharia banks to improve financial performance, providing insights for investors and policymakers. Highlights: Good Corporate Governance and Risk Management significantly enhance financial performance in Sharia banks. Internal Audit shows a negative impact on the financial performance, emphasizing the need for effective implementation. The study addresses a gap in literature by examining the interplay of GCG, Internal Audit, and Risk Management in the Sharia banking sector. Keywords: Good Corporate Governance, Internal Audit, Risk Management, Financial Performance, Sharia Banks
Comparative Analysis of E-commerce, E-wallet and Friend Environment on Student Consumptive Behavior: Analisis Perbandingan E-commerce, E-wallet dan Lingkungan Teman Terhadap Perilaku Konsumtif Mahasiswa Munawaroh, Wahidatul; Abidin, Fityan Izza Noor
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1172

Abstract

General Background: The rise of technology has made online shopping convenient for university students, but this can lead to prioritizing wants over needs, resulting in excessive consumer behavior. Specific Background: This study examines the influence of e-commerce convenience, e-wallet promotions, and peer environments on the consumptive behavior of accounting and management students at Universitas Muhammadiyah Sidoarjo, addressing conflicting findings in previous research. Knowledge Gap: Previous studies yield inconsistent results regarding the impact of e-commerce ease on consumptive behavior and lack comprehensive analysis on e-wallet promotions and peer influence. Aims: The research aims to evaluate how these variables affect consumptive behavior and to identify differences between accounting and management students. Results: Findings indicate that e-commerce convenience does not affect accounting students but does influence management students. E-wallet promotions and peer environments significantly impact both groups, with notable differences in their effects. Novelty: This study enhances understanding of consumer behavior among Indonesian university students by emphasizing the varying impacts of technological and social factors. Implications: Insights from this research can guide e-commerce platforms and e-wallet providers in crafting targeted strategies that promote responsible consumerism among students. Highlights: E-commerce convenience significantly affects management students' consumptive behavior but not accounting students. E-wallet promotions and peer environments positively influence consumptive behavior in both student groups. The study highlights differences in the impact of promotional strategies and peer dynamics on students' shopping habits. Keywords: Ease of E-Commerce, E-Wallet Promotions, Peer Influence, Consumptive Behavior, Friend Environment
Profitability and Earnings Persistence Drive Earnings Management in Manufacturing Firms: Profitabilitas dan Persistensi Laba Mendorong Manajemen Laba di Perusahaan Manufaktur Rochman, Muhamad Alif Aulia; Hermawan, Sigit
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1173

Abstract

General Background: Earnings management significantly impacts stakeholders' decisions based on reported profits. Specific Background: This study examines the effects of profitability, accounting conservatism, liquidity, and earnings persistence on earnings management in manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2023. Knowledge Gap: Previous research shows inconsistent findings, particularly regarding accounting conservatism and liquidity's effects, highlighting a need for further investigation. Aims: This research aims to clarify these influences within the Indonesian manufacturing sector. Results: Using quantitative analysis of 135 firms, findings reveal that profitability and earnings persistence positively affect earnings management, while liquidity negatively impacts it. Accounting conservatism does not significantly influence earnings management. Novelty: This study incorporates earnings persistence as a critical factor, contributing to existing literature. Implications: The results suggest investors should exercise caution in their decisions due to potential financial reporting manipulation and emphasize the need for improved transparency in financial reporting practices. Highlights: Profitability and earnings persistence positively influence earnings management, indicating a tendency for managers to adjust earnings when profits are high. Liquidity shows a significant negative effect on earnings management, suggesting that firms with better liquidity are less likely to engage in earnings manipulation. Accounting conservatism does not significantly impact earnings management practices, highlighting a potential gap in the application of conservative accounting principles. Keywords: Earnings Management, Profit Persistence, Accounting Conservatism, Liquidity, Earnings Persistence
Waste Management Strategies by the Village Government: Strategi Pengelolaan Sampah oleh Pemerintah Desa Achmadi, Ruri; Choiriyah, Ilmi Usrotin
Indonesian Journal of Law and Economics Review Vol. 19 No. 4 (2024): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v19i4.1174

Abstract

The general background waste management is a critical issue for sustainable community development, particularly in rural areas where resources are often constrained. Specific background in Wedoroklurak Village, effective waste management practices have become increasingly necessary due to rising waste production and its environmental impacts. Knowledge Gap: Although there is considerable literature on community-based waste management, there is limited research examining the specific roles of village governments in facilitating effective waste management strategies. Aims this study to analyze the roles of the village government in waste management, particularly its functions as a facilitator, mobilizer, and regulator. Results: The research findings reveal that the village government has successfully served as a facilitator by providing essential infrastructure, such as waste disposal facilities and educational resources for residents. Moreover, it has acted as a mobilizer by encouraging community participation through training programs. However, the government’s regulatory role has been inadequate, primarily relying on informal agreements rather than formal regulations. Novelty this study contributes valuable insights into the governance of waste management in rural contexts, emphasizing the need for more robust regulatory frameworks. Implications the findings suggest that strengthening regulatory measures can significantly improve waste management practices and promote sustainable environmental health in rural communities. Highlights: The government facilitates waste management through resource provision. Community education and training are essential for environmental awareness. Regulatory measures are needed for effective waste management practices. Keywords: Waste Management, Government, Community, Facilitator, Mobilizer