cover
Contact Name
Ansari Saleh Ahmar
Contact Email
qems@ahmar.id
Phone
+6281258594207
Journal Mail Official
qems@ahmar.id
Editorial Address
Jalan Karaeng Bontomarannu No. 57 Kecamatan Galesong, Kabupaten Takalar Provinsi Sulawesi Selatan, Indonesia
Location
Unknown,
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INDONESIA
Quantitative Economics and Management Studies
ISSN : -     EISSN : 27226247     DOI : https://doi.org/10.35877/qems
Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes state-of-art papers in fundamental theory, experiments, and simulation, as well as applications, with a systematic proposed method, sufficient review on previous works, expanded discussion, and concise conclusion. As our commitment to the advancement of science and technology, the QEMS follows the open access policy that allows the published articles freely available online without any subscription.
Articles 595 Documents
Comparative Analysis of Value-at-Risk in Market Risk Prediction in Banks Using GARCH Volatility Girindra Chandra Alam; Buddi Wibowo
Quantitative Economics and Management Studies Vol. 5 No. 3 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2661

Abstract

This study aims to compare the disclosure of Value at Risk (VaR) in market risk prediction among banks in Indonesia. By employing comparative and analytical methods, this research examines the effectiveness of VaR disclosure as a market risk prediction tool. Through the evaluation of VaR models disclosed by Indonesian banks and their comparison to a parametric model using asymmetric GARCH volatility for Variance Covariance Value at Risk, this study identifies the extent to which VaR disclosure can be relied upon to predict market risk. This research contributes to the understanding of risk management practices in the Indonesian banking sector and offers recommendations for improving market risk prediction accuracy through more effective VaR disclosures.
MSME Development Through Simple Bookkeeping, Financial Management and Internal Control Training Mirna Wati; Laylan Syafina; Nurwani Nurwani
Quantitative Economics and Management Studies Vol. 5 No. 3 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2676

Abstract

This research aims to develop MSMEs in Aek Songsongan Asahan Sub-district through training in simple bookkeeping, financial management, and internal control. This research uses a qualitative research design with a field study approach. Data were collected through interviews, observation, and evaluation. Data analysis used data triangulation, which combines data from various sources. The results showed that the training improved the efficiency and effectiveness of MSME operations, and promoted financial growth and stability. A more detailed discussion compares with previous studies in the last five years that show the positive impact of training in simple bookkeeping, financial management, and internal control on MSMEs. However, this study also explores aspects of sustainability and technology integration that have not been widely discussed in previous studies. This research makes an important contribution in developing MSMEs through human resource capacity building, particularly in the aspects of simple bookkeeping, financial management, and internal control.
Does E-Service Quality and Social Network Really Matter? Examining Its Impact on Trust and Purchase Intention I Gusti Ayu Cynthia Puspita Sari; Nilna Muna
Quantitative Economics and Management Studies Vol. 5 No. 3 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2677

Abstract

Current study explored the connection between e-service quality, social networks, purchase intention, and customer trust, specifically focusing on how artificial intelligence impacts e-service quality within insurance companies. This research employed Theory of Planned Behavior as the basis foundation and conducted through a quantitative approach. Denpasar was used as the research location and targeting 150 local communities as respondents. Empirical data was collected through questionnaires and the analysis was performed using Structural Equation Modeling (SEM) with AMOS version 23 software. The findings indicate significant and positive relationships among all variables, leading to the acceptance of all hypothesis. The findings of this research show that the quality of AI-based services and social networks has a significant impact on the level of consumer trust in insurance products. A high level of trust in the quality of insurance products will in turn increase consumers' willingness to use these insurance products, thereby stimulating consumer loyalty towards insurance companies. The results of data analysis highlight that trust is a crucial key in consumer interest in purchasing a product. Interesting findings from this research also emphasize that gender, especially female consumers, show higher interest in insurance products. This is due to the belief that women have a high awareness of health and financial risks, thus motivating them to use insurance products.
Love Affair at Workplace: How Motif and Type Linked to Employee Work Behaviour in Male Employee Experience Sukmahaningtyas, Rizky Asri; Syaebani, M. Irfan
Quantitative Economics and Management Studies Vol. 5 No. 4 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2696

Abstract

Men tends to act more positively than female when it comes to romance in the workplace (Pierce et al., 1996; Powell, 1986). This research presents an exploratory assessment of workplace affairs using a qualitative approach to identify how motives and types of workplace affairs, linked on how it affect employee work behavior from a male employee experience. Social exchange theory and power dynamics approached are used to explain this phenomenon. Respondents were collected using purposive and snowball sampling methods due to the sensitive nature of the respondent criteria. The semi-structured, one-on-one in-depth interview was done to nine male employees who had and/or are engaging in workplace affair. Finding reveals motives and types of workplace affair linked to each other especially ego/fling motive with hierarchical type of relationship. Workplace affair does affect work behavior in vary ways. Additionally, male employee experienced negative effect despite them being superior or subordinate. A negative effect mentioned such as favoritism, power abused even workplace bullying. This study emphasizes more of workplace affair as the dark side of workplace romance thus enriched the findings of previous study regarding workplace affair in Indonesia especially from male employee experience.
The Implementation of Holt-Winters Method to Forecast the Loan Interest Rate of Indonesia Ansari Saleh Ahmar; Abdul Rahman; Mohd. Rizal Mohd. Isa; Rahmat Hidayat
Quantitative Economics and Management Studies Vol. 5 No. 3 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2718

Abstract

This study aimed to anticipate the rupiah loan interest rates at commercial banks in Indonesia by employing the Holt-winters method. This study employs data on rupiah loan interest rates from commercial banks in Indonesia. The data comprises a time series element, with monthly intervals spanning from January 2013 to November 2015, which was obtained from the official website of BPS Indonesia. The study demonstrates that the Holt-winters technique yields the most accurate forecasts, as indicated by a Root Mean Square Error (RMSE) of 0.19720630. The parameters alpha, beta, and gamma, set at 0.6, 0.6, and 0.6 respectively, constitute the optimal configuration for this method. These results indicate that the Holt-winters method is an effective tool for capturing seasonality, trends, and patterns in credit interest rate data, making it a reliable choice for future loan interest rate forecasting. The findings of this study are expected to significantly contribute to strategic decision-making in the banking sector, particularly in risk management and loan interest rate strategy determination.
Impact of Transformational Leadership Style, Adhocracy Organizational Culture, Work Environment, Work Motivation, and Job Satisfaction toward Work Productivity of Bank XYZ Employees in Regions K and L Siallagan, Mahendra
Quantitative Economics and Management Studies Vol. 5 No. 4 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2690

Abstract

The banking industry in Indonesia is rapidly growing and becoming more competitive. Banks are striving to gain market share by offering innovative products and services and ensuring excellent customer service. XYZ has capitalized on this growth, evidenced by a 11.7% YoY credit growth in various sectors in 2022. Despite overall positive performance, some branch offices face challenges in optimizing productivity. This study aims to analyze factors influencing work productivity at XYZ. Six variables are examined leadership style, organizational culture, work environment, work motivation, job satisfaction, and work productivity. Data from 350 respondents at XYZ Bank K and L region were analyzed using SEM LISREL. The study finds that a significant direct influence was found between transformational leadership style and work environment on work motivation, adhocracy organizational culture and work environment on job satisfaction, and job satisfaction on work productivity at Bank XYZ. There is no significant influence between adhocracy organizational culture on employee work motivation, transformational leadership style on employee job satisfaction, transformational leadership style on work productivity, adhocracy organizational culture on work productivity, work motivation on work productivity, and work environment on work productivity at Bank XYZ . The mediating relationship that was not significant in this research was the relationship between transformational leadership style, adhocracy organizational culture, and work environment on work productivity through work motivation, as well as transformational leadership style on work productivity through job satisfaction. This research shows that there are two significant mediating relationships, namely adhocracy organizational culture influences employee productivity through job satisfaction and the work environment influences work productivity through job satisfaction. The managerial implication is that XYZ Bank should adopt a transformational leadership style, adhocracy organizational culture, and prioritize work environment improvements to enhance work motivation and job satisfaction, ultimately leading to increased work productivity.
Analysis of the Application and Compliance of PSAP No.13 Regarding the Presentation of BLU Financial Statements at Puskesmas Lima Puluh Achmadi, Faiz Mukaffi; Daulay, Aqwa Naser; Kusmilawaty, Kusmilawaty
Quantitative Economics and Management Studies Vol. 5 No. 4 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2693

Abstract

Financial reports are very important for companies, so companies are obliged to make financial reports according to applicable standards. This research was conducted with the aim of knowing the presentation financial reports of BLU UPT's Puskesmas Lima Puluh and its suitability were reviewed from PSAP Number 13. To obtain in-depth and accurate results, this research focused on UPT. Puskesmas Lima Puluh in Batubara Regency. This research uses a qualitative method with a descriptive approach, collecting data in three ways, namely observation, interviews and documentation. The analysis technique used in this research is the Dean J. Champion method. The results of this research indicate that the presentation of UPT's financial reports. Limapuluh Community Health Center has three reporting components, namely BOK (Health Operational Assistance), JKN (National Health Insurance), and PAD (Regional Original Income). In accordance with PSAP Number 13, the UPT financial report. The Fifty Health Center in 2023 is not yet as it should be, even though there are several posts in its components which are almost in accordance with the results of calculations using the Dean J. Champion method, namely 21.05%.
Comparative Analysis of Hedging Effectiveness in Indonesia’s National Electrical Company: An Evaluation of Ordinary Least Square (OLS), General Autoregressive Conditional Heteroskedasticity (GARCH) and Naïve Dollar-Offset Models Asrudin, Rudi; Wibowo, Buddi
Quantitative Economics and Management Studies Vol. 5 No. 4 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2697

Abstract

This study evaluates the hedging effectiveness of Indonesia’s national electrical company, PT PLN (Persero), by comparing Ordinary Least Squares (OLS), Generalized Autoregressive Conditional Heteroskedasticity (GARCH), and Dollar Offset models. Using transaction data from 2018-2023, the analysis shows that the OLS model explains 48.8% of the variance in forward rates, indicating high effectiveness. The GARCH model, while capturing dynamic volatility with an average effectiveness of 4.32%, demonstrates the need for advanced models in volatile conditions. The Dollar Offset method, despite its simplicity, shows a moderate effectiveness of 19.03%. Combining these methods can enhance hedging strategies, providing robust risk management. Future research should expand data sources and periods to further validate findings.
Implementation of Design Science for Developing BI Dashboard Employee Engagement Survey Amirasari, Haifa; Andrias, Mone Stepanus
Quantitative Economics and Management Studies Vol. 5 No. 4 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2699

Abstract

Organizations are transitioning to become data-driven across all business aspects, including human resource management. The most crucial data managed is from Employee Engagement Surveys (EES). Organizations require process improvements to analyze EES results more quickly and accurately, even at the subsidiary level. This study implements the design science method to develop an artifact in the form of a Business Intelligence (BI) dashboard. The EES BI dashboard is evaluated using the Technology Acceptance Model (TAM) to assess user acceptance within the organization. The results indicate that the EES BI dashboard is well-received, with users demonstrating a high intention to use it. Thus, it is concluded that design science can be implemented to produce artifacts that assist organizations.
The Influence of Campus Organisations and Extracurricular Activities on Soft Skills Competencies (Case Study of Alumni of The Faculty of Economics and Islamic Business UINSU) Ritonga, Afdolli Ilman; Zainarti, Zainarti; Dharma, Budi
Quantitative Economics and Management Studies Vol. 5 No. 4 (2024)
Publisher : PT Mattawang Mediatama Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35877/454RI.qems2701

Abstract

This study aims to examine whether campus organizations and extracurricular activities have an effect either jointly or partially on the soft skills competencies of alumni of the faculty of economics and islamic business at the State Islamic University of North Sumatra (UINSU). The population in this study is all alumni of the faculty of economics and islamic business, totaling 4058 alumni with s1 status with 5 study programs, namely: sharia accounting, islamic economics, sharia insurance, sharia banking, and management. The number of samples taken as many as 60 alumni using non-probability techniques, carried out by accidental sampling, namely sampling techniques based on chance, that is, anyone who is coincidentally encountered by researchers can be used as a sample, if it is considered that the person who happened to be met was suitable as a data source. Data collection was carried out through interviews, observations and distribution of questionnaires (with likert scale) to respondents alumni of UINSU, located in the city of medan. Quantitative data analysis includes data quality tests (validity, reliability), classical assumption tests (normality, multicollinearity and heterokedasticity), correlation analysis and determination and multiple linear regression as well as hypothesis tests t-test (partial) and f-test (simultaneous) with α = 5%. Hasil penelitian menunjukkan bahwa secara simultan maupun parsial terdapat pengaruh organisasi kampus dan kegiatan ektrakurikuler kampus terhadap kompetensi soft skills alumni fakultas ekonomi dan bisnis islam pada universitas islam negeri sumatera utara.