cover
Contact Name
-
Contact Email
acengs@umtas.ac.id
Phone
+6285841953112
Journal Mail Official
ijbesd.rescollacomm@gmail.com
Editorial Address
Jl. Riung Ampuh No. 3, Riung Bandung, Kota Bandung 40295, Jawa Barat, Indonesia
Location
Kota bandung,
Jawa barat
INDONESIA
International Journal of Business, Economics, and Social Development
ISSN : 27221164     EISSN : 27221156     DOI : https://doi.org/10.46336/ijbesd
International Journal of Business, Economics and Social Development (IJBESD) is published 4 (four) times a year and is the flagship journal of the Research Collaboration Community (RCC). It is the aim of IJBESD to present papers which cover the theory, practice, history or methodology of Business, Economics and Social Development. However, since Business, Economics and Social Development are primarily an applied science, it is a major objective of the journal to attract and publish accounts of good, practical case studies. Consequently, papers illustrating applications of Business, Economics and Social Development to real problems are especially welcome. GENERAL BUSINESS AND MANAGEMENT e-Business International Business Business Strategy Marketing Supply Chain Management Organization Studies Entrepreneurship and Business Development Enterprise Innovation Human Resource Management Business Ethics Business Economics Business Communication Business Finance International Business and Marketing Organizational Development and Challenges Leadership and Corporate Governance Tourism Operations Management Human Resources Economics Regional Economics Industrial Economics Financial Economics Labor Economics Law and Economics Regulatory Economics Economic Growth and Development Policy Technological Change, Innovation Research and Development Economic Systems GENERAL ECONOMICS Economic Methodology Schools of Economics Production and Organizations Market Structure and Pricing Welfare Economics Public Finance & Public Choice Prices, Business Fluctuations Economic Policy International Finance International Economics Institutional & Corporate Finance Accounting Insurance and Risk Management Monetary Banking Marketing Management Issues Innovation and Change Management Banking and Finance Natural Resource Economics Microeconomics Economics in Development and Sustainability Issues Comparative Economic Systems Stock Exchange Business Economics Capital Market Macroeconomics Economics Theory and Policy Issues Energy Economics and Policy Monetary Economics Public Economics Other areas of Economics COMMUNITY DEVELOPMENT Social Work Health and Sport Sciences Human Development Quality of Life Psychology Communication Public Administration Leadership Style Sociology Anthropology Religious Studies Civilizations Social Innovation Other areas of Social Studies and Art & Humanities Political Science Public Policy Political Psychology Protection of Children and Women Political Party System Education Social Sciences Education Science Education Pre-School Education Measurement and Evaluation Talent Development Education Management Education technology Street Children Education Ethnoscience and many more
Articles 329 Documents
Optimal Stock Portfolio Analysis using Mean-Value at Risk (Mean-VaR) under Arbitrage Pricing Theory (APT) Banowati, Puspa Dwi Ayu; Subartini, Betty; Sukono, Sukono
International Journal of Business, Economics, and Social Development Vol. 5 No. 1 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i1.584

Abstract

Investing in Sharia-compliant stocks is one of the rapidly growing investment options, making it a potential choice for investors' portfolios. Therefore, investors need to understand how to select an optimal composition of stocks in their portfolio. This research aims to calculate the expected return on Sharia-compliant stocks and determine the optimal portfolio. The data used in this study includes stocks within the Indonesian Sharia Stock Index (ISSI) in the energy and mining sectors from November 1, 2022, to October 30, 2023. The analytical models employed are the Arbitrage Pricing Theory (APT) and Mean-Value at Risk (Mean-VaR). Based on the research findings, seven stocks form the composition of the optimal stock portfolio. These stocks are AKRA, ANTM, PGAS, INCO, INDY, PTBA, and MDKA, with weights of 20.54%, 19.58%, 19.02%, 14.24%, 10.97%, 8.00%, and 7.66%, respectively. The expected return for the investor is 0.13% per day, with a corresponding risk of 0.23%.
Determination of Optimal Stock Portfolio Return by Single Index Model (Case Study on Banking Sector Stocks in Indonesia) Rahmawati, Septi; Susanti, Dwi; Riaman, Riaman
International Journal of Business, Economics, and Social Development Vol. 5 No. 1 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i1.585

Abstract

The optimal portfolio is a portfolio chosen by investors from the many options available in the collection of efficient portfolios. To get the optimal proportion, which is the maximum return and minimum risk, it is necessary to analyze the stocks to be selected in the investment model. The research objective is to determine the optimal return, risk, and proportion for each banking stock portfolio in Indonesia in the period February - July 2023. The method used is the Single Index Model. The process of determining the optimal proportion of stocks with the Single Index Model requires stock and market return data as the main basis for applying this method. This study involves the formation of an optimal portfolio of daily closing prices of 46 banking stocks.  As a result of this research, there are 5 optimal stocks that meet the criteria for optimal portfolio formation with each fund proportion of 21.43% (BNII), 13.52% (BDMN), 35.02% (BBRI), 23.69% (BTPN), and 6.34% (BBCA).  Expected return from optimal stocks is 0.152% and the risk that will be borne by investors is 0.0011% per day.
Effect of Light, Medium, and Dark Roasting on Antioxidant Activity of Gununghalu Arabica Coffee (Coffea arabica L.) Rahmawati, Irma; Purnamasari, Yeni
International Journal of Business, Economics, and Social Development Vol. 5 No. 1 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i1.586

Abstract

Coffee is one of the popular drinks for Indonesian people. Coffee consumption in Indonesia has increased very rapidly. The influence of lifestyle and the increasing number of cafes and coffee shops contribute to the increase in coffee consumers. One downstream processing of coffee beans is roasting coffee beans, which consists of light, medium, and dark roasting. This study aimed to determine the antioxidant activity of Gununghalu Arabica Coffee (Coffea arabica L.) with Light Roasting, Medium Roasting, and Dark Roasting Techniques. This research is an experimental study, where the antioxidant activity analysis was carried out using the DPPH method (2,2-diphenyl-1-picrylhydrazyl). Gununghalu Arabica coffee with light, medium, and dark roasting techniques positively containing flavonoids, alkaloids, saponins, tannins, and terpenoids. The results showed that the IC50 value of Gununghalu Arabica coffee for light, medium, and dark roasting was 102.94 ppm, 70.66 ppm, and 87.66 ppm. The test results show that the antioxidant activity of Gununghalu Arabica coffee with light roasting techniques are moderate, while medium and dark roasting techniques are strong. The results of this study are expected to provide implications for the development of coffee processing techniques to have maximum health benefits.
Covid-19 Drug Control Based on BPOM Informatorium with ABC Method at the Pharmacies of Bandung City Agustini, Kamelia; Lestihati, Resti
International Journal of Business, Economics, and Social Development Vol. 5 No. 1 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i1.587

Abstract

According to statistical data from JHU CSSE COVID-19 in June 2021, there was an increase in positive cases of Coronavirus and began to decline at the end of August 2021. The planning that has been made must be corrected using the ABC method because a type of drug can consume a large budget if it is used a lot and is expensive. The purpose of this ABC value analysis is to identify the types of drugs from the scale of use that require the most costs. This type of non-experimental research uses descriptive methods through retrospective quantitative data collection using previous data, namely June – August 2021. Based on the scale of the use of Covid-19 drugs which are included in group A with the highest number of uses, it is necessary to ensure the availability of sufficient stock for avoid stock shortages that can hamper patient care in hospitals and can cause losses to hospitals. Drugs that are included in group B are adequately controlled by using warehouse stock cards and stock cards in the compounding and retail sales rooms. Drug group C needs to be controlled so that the number of drugs is not too excessive to avoid losses due to expired or damaged drugs. A review of the ABC analysis can be carried out annually along with the determination of the use of a standard drug list and the preparation of an annual budget plan.
Analysis Stock Price: Earnings per Share as Moderating Variable Wicaksono, Fajrin; Aminah, Mina Siti; Sopiani, Lia; Mardiyani, Mardiyani
International Journal of Business, Economics, and Social Development Vol. 5 No. 1 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i1.593

Abstract

This study seeks to determine the influence of moderating factors on the company's financial performance on the stock price in the consumer cyclical sector, such as current ratio, debt-to-equity ratio, return on equity, and earnings per share. The study's population consisted of industrial enterprises in the consumer cyclical sector sourced from the 2020–2022 Indonesia Stock Exchange website. Purposive sampling was used to acquire 31 firms for the study. Multiple regression and moderate regression analyses are data analysis procedures where Stata 17 software is used for data processing. Furthermore, this analysis assumes that the debt-to-equity ratio, return on equity, and current ratio affect stock prices. The debt-to-equity ratio, return on equity, and current ratio are all impacted by earnings per share. Stock prices might be impacted by it as well. Data analysis indicates that although the debt-to-equity and current ratios do not affect stock prices, the return on equity does. If profits per share rise, stock prices may be less impacted by debt-to-equity and current ratios. Earnings per share cannot moderate the Return on Equity on stock prices.
Fundamental Factors Bond Ratings: Modified Jones Model as Mediating Variable Setiawati, Lilis; Putri, Uus Meilia; Mardiyani, Mardiyani
International Journal of Business, Economics, and Social Development Vol. 5 No. 2 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i2.596

Abstract

The Study aims to ascertain how the debt-to-equity ratio, earnings management, and current ratio affect bond ratings in corporate businesses assessed by PT. PEFINDO 2020–2022 and listed on the Indonesia Stock Exchange. The reason earnings management is used as mediation in this research is a novelty from previous research, where earnings management is rarely used. The earnings management model used by the Jones modified has a higher level of accuracy compared to previous models, where the measurement is through revenue recognition which has the highest accuracy. Apart from that, many companies use earnings management practices so that the company's finances look good to investors, so the company will get new investors. In this study, 135 sample bond types that fit the predefined criteria were obtained from 26 organizations using purposive sampling with several preset criteria. Data analysis methods were uses path analysis techniques with the Lisrel program version 8.8 to analyze the available bond types. This study suggests that earnings management does not mediate between bond ratings and the current ratio. In particular, bond ratings are significantly impacted by the current ratio, the debt-to-equity ratio does not strongly impact earnings management, and bond ratings are not significantly affected by earnings management.
Effects of Inventory Management on Service Delivery in Public Sector: A Case of Office of Registrar of Political Parties Sama, Hamisi Kileo; Mdemu, Renhada
International Journal of Business, Economics, and Social Development Vol. 5 No. 2 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i2.606

Abstract

This study was intended to assess the effect of inventory management on services delivery in public sector: A case in Office of Registrar of Political Parties. The specific objective was to investigate the influence of inventory management on service delivery in public sector. The study employed a cross-section research design and a sample of 44 respondents was selected using a simple randomly sampling technique. Data collection methods included questionnaire and interview. Data were analyzed using descriptive statistics and correlation analysis. The study finding shows that there is a positive relationship between the inventory management and service delivery. The study concludes that inventory management was important factors in inventory management that influence service delivery in Office of Registrar of Political Parties. Therefore, the study recommends that, to improve inventory management on service delivery, the study recommends that, the Office of Registrar of Political Parties could ensure technology adoption regulatory environment, and physical infrastructure and facilities. Also, further research in the academic study of the effect of inventory management on service delivery in the public sector could explore several areas to deepen understanding and address gaps in existing knowledge. Some potential areas for further research can investigate the impact of emerging technologies such as Internet of Things (IoT), artificial intelligence (AI), and blockchain on inventory management practices and service delivery in the public sector.
Digital Marketing Strategies and Performance of Tour Operators Supply Chain in the Tourism Industry Mwalukasa, Boniface Emmanuel
International Journal of Business, Economics, and Social Development Vol. 5 No. 2 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i2.610

Abstract

Digital marketing strategies are vital in enhancing the performance of tour operators’ supply chains within the tourism sector, increasing visitor numbers, sales, and profit, indirectly affecting the economic growth of a community.  The number of international visitors in Tanzania has remained constant at about one million since 2012. This study investigates the effects of digital marketing Strategies on the performance of tour operators' supply chains in Tanzania, guided by the Resource-Based View theory. Employing a convergent parallel mixed-method design, the study includes a sampling frame consisting of 543 tour operators with a sample size of 230 firms. Data collection involved the utilization of both structured questionnaires and interview guides, followed by analysis employing descriptive statistics and Structural Equation Modelling. The findings demonstrate a positive significant relationship between digital marketing strategies and tour operators’ supply chain performance. The results suggest the integration of Artificial Intelligence into the digital marketing strategies mix to facilitate personalized messaging and enhance analytics. Tour operators need to engage skilled information and communication technology experts and institute continuous training initiatives to increase the quality of their websites and social media platforms ensuring visitors receive updated content to capture the attention of visitors. Attentiveness to visitors’ online feedback is crucial for enhancing product and service delivery and tour operators should focus on increasing website traffic. The results are useful to stakeholders in enhancing the promotion of tourism products and services leading to an increasing the number of visitors.
The Impact of Lending Growth and Financial Statistics on Bank Profitability : The Moderating Role of Credit Risk Salsabila, Zahra; Rhamdani, Eka Wulan; Putri, Alfina Naufali; Komara, Acep
International Journal of Business, Economics, and Social Development Vol. 5 No. 2 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i2.617

Abstract

The purpose of this study was to examine the effect of Lending Growth, BOPO, and CAR on Banking ROA with NPL as a moderating variable. The problem contained in this study is that there is a gap between the value of theory and the value of real practice based on the factors that create variations in ROA value. Indonesian banking companies for the period 2018-2022 published on the IDX website are used as the research population in this study. Selection of research samples through purposive sampling to obtain 19 companies. Panel Data Regression Analysis is a data analysis process that processes data using the Eviews 12 program. The level of loan, BOPO, and CAR are assumed to have an effect on bank profitability in this analysis. The effect of credit risk ratio amplifies the impact on the level of lending, BOPO, and CAR on profitability. The results of data analysis contain the statement that bank profitability can be influenced by lending and BOPO, but cannot be influenced by CAR. Similarly, the role of credit risk cannot moderate the effect of CAR on ROA but can weaken the effect of lending and BOPO on bank ROA.
Optimizing E-Loyalty on The Bukalapak E-Commerce Platform: Exploring the Role of E-Service Quality Mediated by E-Satisfaction and E-Trust Apriyanti, Nina; Azizah, Siti Ijah; Maulany, Soesanty
International Journal of Business, Economics, and Social Development Vol. 5 No. 2 (2024)
Publisher : Rescollacom (Research Collaborations Community)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijbesd.v5i2.622

Abstract

This study aims to analyze and prove the effect of e-service quality on optimizing e-loyalty mediated by e-trust and e-satisfaction on the Bukalapak e-commerce platform by focusing on Bukalapak users in Cirebon City. This research focuses on the use of Bukalapak, where there are still many complaints felt by Bukalapak users regarding long delivery, the Bukalapak help center cannot be contacted, and the pay later payment service is never late but the payment status is pending. These indications can be seen from user reviews published on several news sites. Sample determination was carried out through a purposive sampling technique. In this study, the sampling technique was carried out using the Slovin formula with an error tolerance level of 10%, so that the number of respondents was 100. Respondents were selected based on the criteria of having used Bukalapak e-commerce services for the last 5 months and being domiciled in Cirebon City. The data collection method was carried out by distributing questionnaires online via Google Forms. Path analysis technique using SPSS Version 29.0.2.0 for Windows. Hypothesis testing was carried out using the Sobel test method. The results showed that e-service quality has a positive and significant effect on e-trust, e-satisfaction, and e-loyalty. E-satisfaction and e-trust have a positive and significant effect on e-loyalty. The results of this study also show that e-satisfaction and e-trust can mediate the effect of e-service quality on e-loyalty. Keywords:  E-commerce, E-service quality, E-satisfaction, E-trust, E-loyalty