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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 618 Documents
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Measuring The Response of Some Economic Stability Variables to Monetary Hegemony Shocks in Iraq For The Period (2004 - 2021): Mengukur Respon Beberapa Variabel Stabilitas Ekonomi Terhadap Guncangan Hegemoni Moneter di Irak Pada Periode (2004 - 2021) Jafar, Ali Fahim
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.v19i4.1270

Abstract

This research aims to study the impact of monetary hegemony shocks on some economic growth variables To Iraq. The most important factors affecting economic growth were identified, the variables of the model are depicted; there are many independent variables while gross domestic product symbolizes the economic growth as dependent variable. The least square technique was used to estimate the parameters of the model. The unit root test and the cointegration test were used in this paper as well. Impulse response functions were computed to examine the responses of the Iraqi economy to shocks in the study period. The estimation results showed that the time series for the study adjusts after the first differences, along with evidence on the joint integration which suggested a long-run cointegrating relationship among the used variables. It was also observable that the changes in the world oil prices had economic shocks that affected the growth rate in Iraq. Highlights: Impact of monetary shocks on Iraq's economic growth. Model uses GDP as dependent variable; various independent factors analyzed. Oil price shocks influence Iraq’s growth rate. Keywords: Monetary shocks, economic growth, money supply, interest rate, exchange rate, and monetary hegemony
Legal Uncertainty in Fasum Land Disputes in Sampang Regency: Ketidakpastian Hukum dalam Sengketa Tanah Fasum di Kabupaten Sampang Assyadillah, Muhamad; Khilmatus , Zhilda
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.v19i4.1271

Abstract

General Background: Land disputes over public facility (fasum) areas frequently arise due to conflicting claims, impacting legal and social stability. Specific Background: In Sampang District, a dispute emerged over fasum land in the "Puri Matahari" housing area, where a private individual constructed commercial buildings, conflicting with local regulations. Knowledge Gap: Inconsistencies in legal decisions and administrative weaknesses contribute to uncertainty in public land management. Aims: This study examines the legal status of the disputed land, judicial inconsistencies, and regulatory challenges while proposing governance improvements. Results: The findings confirm that the land legally belongs to the public domain, though administrative flaws led to legal disputes. Conflicting court rulings highlight the complexities of enforcing land use regulations. Novelty: This study identifies gaps in regulatory enforcement and judicial interpretation, proposing reforms to prevent similar conflicts. Implications: Strengthening legal frameworks, land administration, and judicial consistency is crucial to safeguarding public land and preventing future disputes. Highlights: Legal Ambiguity: Conflicting court rulings reveal gaps in public land regulations and enforcement. Administrative Weakness: Poor documentation and oversight contribute to disputes over public land use. Policy Reform Needed: Strengthening legal frameworks and governance can prevent future conflicts. Keywords: Land Dispute, Public Facility Land, Legal Uncertainty, Judicial Inconsistency, Land Governance
Strategic leadership of Information Systems in The Development of The Digital Economy: Kepemimpinan Strategis Sistem Informasi dalam Pengembangan Ekonomi Digital Salim , Moamin Mazin; Saeed , Yasir Jihad; Ahmed , Dahlia Abdulhussein; Ibrahim, Mustafa Ali
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.v19i4.1275

Abstract

The essay explores contemporary trends in the economic transformation of nations driven by digital technology. It provides an overview of key technology paradigms shaping economic growth and outlines the primary characteristics of the digital economy, such as shifts in production resources, evolving IT cycles, and the importance of networked models emphasizing connectivity, self-sufficiency, and autonomy. The economic landscape of the digital era is analyzed, with a focus on institutional frameworks, relational norms, and the prerequisites for adapting education systems to meet digital economy demands. The role of knowledge in societal evolution and its interaction with institutional environments and information domains is highlighted, alongside tools for information processing and protection. The essay presents the results of the Digital Economy Index (DEI) and its components, providing insights into the status of digital transformation. Based on these findings, proposals are formulated to advance the digital economy in the Republic of Iraq, addressing challenges and leveraging opportunities identified through statistical analysis and provided data. Highlights: Digital technology reshapes economies and drives development trends. Focus on connectivity, autonomy, and knowledge transformation in digital era. Proposals enhance Iraq's digital economy based on DEI analysis. Keywords: information age, digital economy, knowledge economy, technological order, institutional environment, digital economy index
The Integration of Corporate Governance and Risk Management Principles Is Reflected in the Quality of the External Auditor's Performance: Integrasi Prinsip Tata Kelola Perusahaan dan Manajemen Risiko Tercermin dari Kualitas Kinerja Auditor Eksternal Hashmi , Saddam Catea
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.v19i4.1276

Abstract

This research aims to explore governance and risk management's role in enhancing transparency, accountability, and the quality of external audit performance. It examines the responsibilities of external auditing in successful risk management and fostering trust among stakeholders. The study highlights the importance of compliance with international auditing standards, particularly ISA-265, in reporting deficiencies in internal control to governance and management. Using SPSS v26 and AMOS v26 for analysis, data were gathered from 255 auditors and accountants working in governance, risk management, and auditing within major Iraqi banks. Key topics include corporate governance, audit quality, the definition and significance of governance, and risk management’s methodology. Findings reveal a strong positive relationship between integrating corporate governance, risk management principles, and audit quality. Advanced governance practices and effective risk management create an environment that strengthens auditor independence and ensures accurate, objective audits. The research underscores the vital role of internal controls in governance and risk management, reducing fraud, detecting manipulation early, and achieving audit quality. These insights guide organizations in fostering transparency, meeting goals, and bolstering confidence among investors and stakeholders. Highlights: Governance and risk management enhance transparency and audit quality. External auditing supports risk management, independence, and fraud detection. Compliance with standards ensures effective audits and investor confidence. Keywords: governance, risk management, audit quality
Digital Official Letter Management Using E-Buddy Sidoarjo Application: Pengelolaan Surat Resmi Digital Menggunakan Aplikasi E-Buddy Sidoarjo Albab, Mukhammad Ulil; Agustina, Isna Fitria
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.v19i4.1188

Abstract

Background: The rise of digital technology has revolutionized local governance by enhancing efficiency and transparency. Specific Background: In this context, the E-Buddy application facilitates the digital management of official correspondence, yet its effectiveness has not been thoroughly examined. Knowledge Gap: Current literature lacks a detailed analysis of the communication dynamics and bureaucratic structures affecting the success of such digital systems. Aims: This study investigates the implementation of the E-Buddy application, emphasizing communication, resource allocation, executor disposition, and bureaucratic structure. Results: Findings reveal that the application's effectiveness is undermined by limited feature utilization and insufficient adherence to standard operating procedures (SOPs), resulting in miscommunication and inefficiencies. Novelty: The research underscores the importance of effective communication and structured SOPs in optimizing digital systems in governance. Implications: The study recommends enhancing training and establishing clear SOPs to improve implementation outcomes and contribute to more effective governance. Highlights : Effective communication is crucial for successful implementation. Insufficient adherence to SOPs hampers operational efficiency. Training and support enhance user engagement and application effectiveness. Keywords: Digital Governance, E-Buddy Application, Implementation, Communication, Bureaucratic Structure
Analyzing The Risks of The Production Process in Light of Sustainable Business Using Fuzzy Logic: Menganalisis Risiko Proses Produksi dalam Rangka Bisnis Berkelanjutan Menggunakan Logika Fuzzy Mohammed, Mohammed Ibrahim
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.v19i4.1281

Abstract

Production operations at the present time reflect a transition towards business sustainability and achieving a balance between human needs and environmental preservation. Accordingly, this study highlights the risks of production operations in light of sustainable business using fuzzy logic. To achieve this goal, previous studies were relied upon to identify risks. The production process, as well as identifying the factors influencing the production process in the organization. After that, 50 experts specialized in the field of production in Iraq were sought to find out their point of view on the risks of the production process and its consequences in Iraq. The results were analyzed using fuzzy logic and special risk matrices. (Easy, standard, difficult). The study revealed that the standard matrix is the best in confronting risks. Moreover, these risks must be faced effectively by adopting comprehensive strategies that combine environmental and economic performance, investing in technology and training, and ensuring the safety and health of workers, in a way that enhances this. Opportunities, reduce risks in production processes and contribute to achieving long-term sustainability. Highlights: Production sustainability requires balancing human needs and environmental preservation. Fuzzy logic identifies production risks, analyzed using expert insights and matrices. Strategies must enhance opportunities, reduce risks, and ensure long-term sustainability. Keywords: production risks, sustainable business, fuzzy logic.
Business Actors’ Liability for Consumer Losses in the Case of Hazardous Syrup Medicines under Law Number 8 of 1999 concerning Consumer Protection: Tanggung Jawab Pihak Usaha atas Kerugian Konsumen dalam Kasus Obat Sirup Berbahaya berdasarkan Undang-Undang Nomor 8 Tahun 1999 tentang Perlindungan Konsumen Purba, Nanda Divabuena; Sudiro, Amad
Indonesian Journal of Law and Economics Review Vol. 20 No. 4 (2025): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v20i4.1339

Abstract

General Background: The circulation of hazardous syrup medicines causing acute kidney failure in children has revealed fundamental weaknesses in Indonesia’s consumer protection and health monitoring systems. Specific Background: Although Law No. 8 of 1999 on Consumer Protection regulates the obligations of business actors, ineffective supervision by both producers and regulatory agencies such as BPOM has led to serious public health risks and consumer losses. Knowledge Gap: Existing studies have not sufficiently examined the legal accountability of business actors and the state’s preventive role in safeguarding consumer rights in the pharmaceutical sector. Aims: This study analyzes the scope of business actors’ liability and assesses the effectiveness of legal protection for consumers in the case of hazardous syrup medicines. Results: The research finds that business actors bear strict liability under Articles 8 and 19 of the Consumer Protection Act, covering civil, administrative, and criminal responsibility for consumer damages. Novelty: The study exposes a significant gap between legal norms and their practical implementation, underscoring the need for coherent enforcement and institutional coordination. Implications: Strengthening preventive and repressive legal frameworks, regulatory oversight, and corporate ethical responsibility is essential to ensure justice, consumer safety, and legal certainty within Indonesia’s consumer protection regime. Highlights: Business actors hold strict liability for unsafe pharmaceutical products. There is a gap between regulation and implementation in consumer protection. Stronger preventive and repressive legal mechanisms are urgently needed. Keywords: Business Liability, Consumer Protection, Hazardous Syrup, Legal Accountability, Public Health  
Halal Lifestyle Understanding Among Students in the Digital Era Komaria, Yulisa Nurul; Maadi, Alan Su’ud
Indonesian Journal of Law and Economics Review Vol. 20 No. 4 (2025): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v20i4.1355

Abstract

General Background: Islamic boarding schools in Indonesia play a central role in transmitting Islamic values and shaping ethical student behavior. Specific Background: In the digital era, their relevance is increasingly tested, particularly in guiding students to understand and practice a halal lifestyle across food, beverages, clothing, and digital activities. Knowledge Gap: Despite their strategic role, many pesantren still face limited halal literacy and have not fully integrated halal principles into students’ daily practices. Aims: This study analyzes the role of the Syaichona Moh Cholil Islamic Boarding School in improving students’ understanding and application of halal lifestyle values in a digitalized environment. Results: The findings show that the pesantren enforces strict supervision of halal food and beverages, applies sharia-based dress codes, and builds halal-oriented habits through structured education and daily routines. Digital innovations such as student digital cards, technology-supported learning, and the use of social media further strengthen halal-based economic and behavioral systems. Novelty: This research presents the integration of classical Islamic education with digital transformation to reinforce halal lifestyle awareness. Implications: These findings affirm the potential of pesantren as adaptive institutions capable of enhancing halal literacy and forming digitally competent, ethically grounded future generations. Highlights: Strengthens students’ halal literacy through daily supervision and education. Integrates digital tools to support halal-based financial and learning systems. Combines classical Islamic values with modern technological adaptation. Keywords: Halal Lifestyle, Islamic Boarding School, Digitalization, Students, Sharia Values
Micro Enterprise Strategy for Economic Independence in Islamic Boarding Schools Helfiana, Afrilia; Maadi, Alan Su’ud
Indonesian Journal of Law and Economics Review Vol. 20 No. 4 (2025): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v20i4.1356

Abstract

General Background: Islamic boarding schools (pesantren) play a strategic role not only in religious and cultural education but also in community-based socio-economic empowerment. Specific Background: Growing economic challenges and dependence on external funding have driven pesantren to establish micro-enterprise units as instruments of institutional independence. Knowledge Gap: However, limited market reach, restricted capital access, and inadequate managerial competence continue to hinder the optimization of pesantren-based micro businesses. Aims: This study analyzes the economic development strategy of the Syaichona Moh Cholil Islamic Boarding School Bangkalan through the management of integrated micro-enterprise units. Results: Findings show that the pesantren has successfully strengthened economic resilience through diversified micro businesses—such as Podea sandal production, ADEM bottled water, cooperatives, retail shops, and service units—managed professionally by students and alumni using sharia principles and supported by digital technology integration. Novelty: This research highlights a unique model of pesantren economic governance that combines business diversification, internal human-resource mobilization, inter-pesantren collaboration, and cashless digital ecosystems linked to student financial monitoring. Implications: The study affirms that micro-enterprise development enhances institutional independence, cultivates entrepreneurial competence among students, and supports broader community economic empowerment. Highlights: The pesantren strengthens economic independence through diversified micro-enterprises managed by students and alumni. Sharia-based business governance and digital financial systems improve transparency and efficiency. Micro-business development enhances entrepreneurial skills and community economic empowerment. Keywords: Pesantren Economy, Micro Enterprises, Economic Independence, Sharia Based Management, Digital Transformation
The Urgency of Harmonizing the Regulation of the Minister of Communication and Informatics Regarding the Recycled Customer Number Policy: Urgensi Harmonisasi Peraturan Menteri Komunikasi dan Informatika Mengenai Kebijakan Nomor Pelanggan Daur Ulang Milianty, Yessa; Sitabuana, Tundjung Herning
Indonesian Journal of Law and Economics Review Vol. 20 No. 4 (2025): November
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v20i4.1394

Abstract

General Background: The rapid expansion of digital services in Indonesia has transformed mobile phone numbers into core digital identifiers across banking, e-commerce, transportation, and governmental platforms. Specific Background: Under current regulations, particularly Ministerial Regulation No. 14/2018, inactive numbers may be recycled and reassigned without uniform data-sanitization procedures, exposing users to substantial privacy and security risks. Knowledge Gap: Despite the enactment of the Personal Data Protection Law, there remains regulatory disharmony between Ministerial Regulation No. 14/2018 and No. 5/2021, especially regarding conflicting timelines for data retention and number reassignment, with no standardized technical safeguards in place. Aims: This study examines the inconsistencies between these regulations and evaluates their implications for data protection, consumer security, and legal certainty. Results: Findings indicate that number-recycling practices allow residual digital identities to persist, enabling unauthorized access, data breaches, and identity theft, thereby conflicting with data-protection principles and consumer-rights provisions. Novelty: This research highlights the structural legal gap that permits overlapping identity cycles and proposes adopting a Reassigned Numbers Database model to mitigate misdirected authentication risks. Implications: Harmonizing regulatory frameworks and establishing national technical standards are urgently required to safeguard user privacy, strengthen digital-ecosystem integrity, and ensure compliance with emerging data-protection norms. Highlights: Regulatory disharmony creates legal uncertainty and heightens privacy risks. Recycled numbers enable unauthorized access to prior users’ digital accounts. A national Reassigned Numbers Database is crucial for safer digital authentication. Keywords: Number Recycling, Data Protection, Privacy, Telecommunications Regulation, Consumer Security

Page 59 of 62 | Total Record : 618

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