cover
Contact Name
Khaeruman
Contact Email
khaeruman@esc-id.org
Phone
+6281287832889
Journal Mail Official
ijebef@esc-id.org
Editorial Address
Jl. Raya Ciruas Petir, Komplek Puri Citra Blok B2 No. 34 Kelurahan Pipitan Kecamatan Walantaka Kota Serang - Banten 42183
Location
Kota serang,
Banten
INDONESIA
Indonesian Journal of Economy, Business, Entrepreneuship and Finance (IJEBEF)
ISSN : 27766179     EISSN : 27766187     DOI : https://doi.org/10.53067/ijebef
Core Subject : Economy,
Indonesian Journal of Economy, Business, Entrepreneuship and Finance (IJEBEF) is a peer-refereed open-access National journal which has been established for the dissemination of state-of-the-art knowledge in the field of Economy. Starting from 2021, IJEBEF would be published Three times in a year. All submitted manuscripts will be initially reviewed by editors and are then evaluated by a minimum of Two Reviewers through the double-blind review process. This is to ensure the quality of the published manuscripts in the journal.
Articles 221 Documents
REPUTASI PERUSAHAAN MEMODERASI PENGARUH PENGUNGKAPAN EMISI KARBON DAN KARAKTERISTIK PERUSAHAAN TERHADAP NILAI PERUSAHAAN (STUDI PADA PERUSAHAAN NON KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2020 – 2022) Nisa, Syahrur Rochmah
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 5 No. 2 (2025): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v5i2.267

Abstract

The global issue of climate change has affected business behavior and activities around the world. Increased greenhouse gas emissions, particularly carbon, are a major contributing factor to climate change. Along with that, investors' demands on companies are increasing. Investors now not only seek information about the company's profitability, but also assess the extent to which the company is environmentally responsible.  This study aims to analyze the effect of carbon emission disclosure (CED) and company characteristics on firm value, with company reputation as a moderating variable. The sample in this study was selected using purposive sampling method, with a population of non-financial companies listed on the Indonesia Stock Exchange in the period 2020-2022. Based on data analysis using SPSS 22 with the Moderated Regression Analysis (MRA) method, the results showed that Carbon Emission Disclosure (CED) affects firm value. However, company characteristics as measured by company size and company age have no influence on firm value. In contrast to profitability, which in this study proved to have an effect on firm value. From these findings, it can be concluded that corporate reputation cannot act as a moderator variable in the relationship between Carbon Emission Disclosure (CED) and company characteristics on firm value.
DETERMINAN YIELD OBLIGASI PEMERINTAH INDONESIA Mukukhawa, Syaffa Alizza; Nirmala, Tiara
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 5 No. 2 (2025): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v5i2.268

Abstract

This study aims to analyze the factors influencing the yield movement of Indonesian Government Bonds series FR0070 and the yield's response to macroeconomic shocks. Bonds were chosen because of their relatively fixed income, thus lowering the risk compared to stocks. Therefore, yield changes are an important indicator for investors and market participants. The research method used an error correction model. The results show that the BI-Rate and the exchange rate have a significant positive effect on yield in both the short and long term, while foreign exchange reserves and the volatility index (VIX) have a significant negative effect only in the long term. Inflation has no significant effect in either timeframe. These findings support the Arbitrage Pricing Theory, which states that the return of a security is influenced by several macroeconomic factors. This research is important for investors monitoring yield movements as a tool for bond portfolio management.
RANTAI DIGITAL, KEUNTUNGAN OPERASIONAL: Tinjauan Sistematis tentang Tantangan Digitalisasi Rantai Pasokan dan Implikasi Efisiensi Operasional Munawaroh, Munawaroh; Afifi, Muhammad Rahman; Abidin, Jaja Zaenal; Sujayanti, Susi
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.300

Abstract

Digital transformation is fundamentally reshaping supply chain management, promising increased operational efficiency while also presenting implementation challenges that organizations must strategically address. This systematic literature review synthesizes empirical evidence examining the impact of supply chain digitalization on operational efficiency and identifies critical implementation barriers. Following an established review protocol, a comprehensive search across academic databases yielded 24 peer-reviewed publications (2019-2025) that were thematically analyzed. Findings indicate that digitalization technologies including the Internet of Things, artificial intelligence, enterprise resource planning systems, and big data analytics significantly improve operational efficiency through process automation, real-time visibility, predictive analytics, and enhanced stakeholder collaboration. However, organizations face significant challenges, including significant infrastructure investments, workforce capability gaps, vendor dependency risks, data security concerns, scalability complexities, and integration difficulties. The thematic synthesis identified six key challenge categories requiring proactive mitigation strategies. This research provides a systematic evidence synthesis that advances the understanding of supply chain digitalization while providing practical guidance for successful implementation. Organizations must conduct a comprehensive readiness assessment, develop a phased implementation roadmap, invest in workforce development, build a robust cybersecurity framework, and design a flexible and scalable architecture to maximize the benefits of digitalization while minimizing risks. Limitations of this study include the literature review methodology and temporal scope, which indicate the need for longitudinal empirical investigations to more deeply understand implementation dynamics.
PENGARUH KEBIJAKAN HUTANG DAN PERTUMBUHAN PENJUALAN TERHADAP PERTUMBUHAN LABA PADA PT LINK NET TBK PERIODE 2015-2024 Putri, Hilda Destiana; Nurwita, Nurwita
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.302

Abstract

This study aims to examine the effect of Debt Policy and Sales Growth on Profit Growth at PT Link Net Tbk during the period 2015–2024, both partially and simultaneously. The research employs a quantitative method with an associative approach. The population consists of the financial statements of PT Link Net Tbk for the period 2015–2024, while the sample is derived from balance sheet and income statement data for the same period. Data were collected by downloading the company’s financial statements from the official website. The data analysis techniques include descriptive statistical analysis, classical assumption tests, multiple linear regression analysis, correlation analysis, coefficient of determination analysis, and hypothesis testing. The results show that partially, Debt Policy measured by the Debt to Asset Ratio (DAR) has a positive and significant effect on profit growth. Meanwhile, Debt Policy measured by the Debt to Equity Ratio (DER) has a negative and significant effect on profit growth. Sales Growth does not have a significant effect on profit growth. Simultaneously, Debt Policy and Sales Growth have a significant effect on Profit Growth. The coefficient of determination value of 0.912 indicates that 91.2% of profit growth can be explained by Debt Policy and Sales Growth, while the remaining 8.8% is influenced by other variables not examined in this study
PENGARUH LITERASI KEUANGAN DAN PENGGUNAAN DOMPET DIGITAL TERHADAP PERILAKU MANAJEMEN KEUANGAN PRIBADI MAHASIWA FAKULTAS EKONOMI UNIVERSITAS NEGERI MEDAN Manalu, Mawarni; Lumbantungkup, Yohana; Ringo, Rivani Preselia Br Siringo; Nainggolan, Gilberth Putra
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.303

Abstract

This study aims to explore the impact of financial literacy and digital wallet utilization on how students manage their personal finances at the Faculty of Economics, State University of Medan. This study was conducted using quantitative methods, with questionnaires distributed to 45 respondents, and data analysis was performed using multiple linear regression using SPSS software. The findings of this study indicate that financial literacy contributes positively and significantly to students' attitudes towards personal financial management, while digital wallet utilization does not appear to have a significant effect. However, when both variables are analyzed simultaneously, they both have a significant impact, contributing 38.2%. This indicates that financial literacy is a crucial element influencing how students manage their finances, while digital wallet utilization serves as a tool whose effects are highly dependent on how it is used.
FOOD-ENERGY PRICE DYNAMICS: ANALISIS PENGARUH FLUKTUASI HARGA KOMODITAS PANGAN DAN HARGA ENERGI TERHADAP INFLASI DI INDONESIA 2014 – 2024 Hanna, Rr. Halimatu; Nirmala, Tiara
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.304

Abstract

Food, which is all-time good and energy which is a universal intermediary good, remain highly relevant for ongoing research and development. The primary essence of this study is to examine the short-term and long-term effects of rice prices, the world food price index, the transportation price index, the housing, water, electricity, and household fuel price index (IHPL), as well as Brent crude oil prices, on the consumer price index (CPI). The Autoregressive Distributed Lag (ARDL) method is employed to analyze the dynamic relationships among these variables. The data span ten years (January 2014 – December 2024) to depict prevailing economic phenomena. The findings reveal that, in the short term, IHPL and Brent oil prices are significant determinants of CPI movements in Indonesia. IHPL exhibits a dominant and complex influence, while Brent oil prices exert a significant impact with a one-period lag (lag 1). In contrast, rice prices, the world food price index, and the transportation price index show no significant effects on CPI in either the short or long term.
MODEL MANAJEMEN SDM DALAM IMPLEMENTASI ESG (ENVIRONMENTAL, SOCIAL, GOVERNANCE) DI PERUSAHAAN INDONESIA Maulana, Johan; Kamsidik, Kamsidik
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.305

Abstract

The implementation of Environmental, Social, and Governance (ESG) principles has become a strategic imperative for companies in Indonesia in response to regulatory pressures, stakeholder demands, and the need for long-term sustainability. However, ESG implementation has not yet been systematically integrated into Human Resource Management (HRM) practices. This study aims to analyze and formulate an effective HRM model to support ESG implementation in Indonesian companies. The research employs a qualitative approach using a literature review and case study design involving several companies that have adopted ESG principles. Data were collected through document analysis, sustainability reports, and in-depth interviews with HR practitioners and sustainability managers. The findings indicate that ESG implementation through HRM can be optimized by integrating sustainable recruitment policies, developing green competencies, applying sustainability-based performance appraisal systems, fostering an ethical and inclusive work culture, and strengthening transparent and accountable HR governance. The proposed ESG-based HRM model is able to enhance organizational performance, corporate reputation, and employee commitment to sustainability. This study contributes theoretically to the development of a sustainable HRM model and provides practical implications for companies and policymakers in strengthening ESG implementation in Indonesia. The implementation of Environmental, Social, and Governance (ESG) principles has become a strategic imperative for companies in Indonesia in response to regulatory pressures, stakeholder demands, and the need for long-term sustainability. However, ESG implementation has not yet been systematically integrated into Human Resource Management (HRM) practices. This study aims to analyze and formulate an effective HRM model to support ESG implementation in Indonesian companies. The research employs a qualitative approach using a literature review and case study design involving several companies that have adopted ESG principles. Data were collected through document analysis, sustainability reports, and in-depth interviews with HR practitioners and sustainability managers. The findings indicate that ESG implementation through HRM can be optimized by integrating sustainable recruitment policies, developing green competencies, applying sustainability-based performance appraisal systems, fostering an ethical and inclusive work culture, and strengthening transparent and accountable HR governance. The proposed ESG-based HRM model is able to enhance organizational performance, corporate reputation, and employee commitment to sustainability. This study contributes theoretically to the development of a sustainable HRM model and provides practical implications for companies and policymakers in strengthening ESG implementation in Indonesia.
STRATEGI PEMASARAN BERBASIS DATA PELANGGAN UNTUK MENINGKATKAN LOYALITAS KONSUMEN Prasetiyo, Joko; Kamsidik, Kamsidik
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.306

Abstract

The increasing availability of customer data in the digital era has encouraged organizations to adopt data-driven marketing strategies to enhance consumer loyalty. This study aims to examine the effect of customer data–based marketing strategies on consumer loyalty, particularly in the context of Indonesian small and medium-sized enterprises (SMEs). A quantitative research approach was employed by distributing structured questionnaires to SME consumers, and the collected data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM). The results indicate that data-driven marketing strategies have a significant positive impact on consumer loyalty, mediated by personalized marketing communication and perceived service quality. These findings highlight the importance of effective customer data management and analytics capabilities in improving customer retention and building sustainable competitive advantages. This study contributes to the marketing literature by providing empirical evidence on the role of customer data utilization in strengthening consumer loyalty within emerging market contexts.
PENGARUH DISIPLIN KERJA DAN KOMITMEN ORGANISASI TERHADAP PRODUKTIVITAS KERJA KARYAWAN YANG BERDAMPAK TERHADAP KINERJA KARYAWAN PADA PT SINERGI KALIBRASI NUSANTARA TANGERANG SELATAN Rizqahu, Argosawwa; Sugiarti, Endang; Mukrodi, Mukrodi
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.307

Abstract

The purpose of this study is to determine the Influence of Work Discipline and Organizational Commitment on Employee Work Productivity which has an impact on Employee Performance at PT Sinergi Kalibrasi Nusantara South Tangerang. The method used is quantitative. The sampling technique used saturated samples and a sample of 100 respondents was obtained. Data analysis using validity test, reliability test, classical assumption test, regression analysis, determination coefficient and hypothesis test The results of this study are that work discipline has an effect on work productivity with a determination coefficient value of 87.1% and the hypothesis test obtained t count > t table or (25.709 > 1.984). Organizational commitment has an effect on work productivity with a determination coefficient value of 34.8% and hypothesis test obtained t count > t table or (7.233 > 1.984). Work discipline and organizational commitment simultaneously affect work productivity with a determination coefficient value of 87.7% with a hypothesis test obtained with a value of F calculated > F table or (34.695 > 3.080). The impact of work productivity on employee performance showed a good impact with a terminated coefficient value of 27.1 % with  a hypothesis obtained t > t table or (6.033 > 1.984).
PENGARUH INSENTIF DAN KOMPETENSI TERHADAP KINERJA GURU DENGAN MOTIVASI KERJA SEBAGAI VARIABEL INTERVENING PADA SEKOLAH MENENGAH PERTAMA (SMP) DI KECAMATAN GROGOL KOTA CILEGON Halabi, Ahmad; Yusuf, Furtasan Ali; Hayadi, Herawan; Fatari, Fatari
Indonesian Journal of Economy, Business, Entrepreneuship and Finance Vol. 6 No. 1 (2026): Indonesian Journal of Economy, Business, Entrepreneuship and Finance
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ijebef.v6i1.308

Abstract

This study aims to determine the effect of incentives and competence on teacher performance with work motivation as an intervening variable in Junior High Schools in Grogol District, Cilegon City. The research method used is descriptive-quantitative research. This research method is an associative type of research. The population and sample size are 106. The results of this study are that incentives have a significant effect on performance of 69.3% (path coefficient 0.541). Competence has a significant effect on performance of 50.3% (path coefficient 0.202). Incentives have a significant effect on work motivation of 38.2% (path coefficient 0.243). Competence has a significant effect on work motivation of 44.3% (path coefficient 0.345). Work motivation has a significant effect on performance of 48.2% (path coefficient 0.187). Incentives do not significantly influence teacher performance through work motivation (path coefficient 0.045). Competence does not significantly influence teacher performance through work motivation (path coefficient 0.081). In conclusion, incentives and competence significantly influence teacher performance, incentives significantly influence work motivation, and work motivation significantly influences teacher performance. However, incentives and competence do not significantly influence teacher performance through work motivation as an intervening variable in junior high schools in Grogol District, Cilegon City.