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The intersection of tradition and economy: Exploring the sacrificial practices in Zanzibar’s Blue Economy Ahmed, Issa G.; Faki, Bakar Khatib
Journal of Economics and Business Letters Vol. 6 No. 1 (2026): February 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i1.850

The blue economy is now emerging as the essential conceptual framework to know how communities living on the coasts cope with sustainability and identify issues and build marine-based livelihoods. This paper aims to discuss the intersection between tradition and economy by investigating the issues of sacrifice in the Zanzibar fishing industry. That of the research, which relies on the accounts of fishermen and field observations in addition to questionnaire (n=22) results, concludes that whereas some individuals consider ritual sacrifices to be symbolic to more ceremonial rituals required to reach prosperous catches and economic prosperity, other people perceive it to be expensive or even destructive. These practices show how the cultural rituals and belief systems inform the way resources are utilized, how they make their revenue, and the way communities are built. They also highlight the relevant concerns of the correlation between traditional worldviews and the existing policies that facilitate the development of the blue economy. By placing sacrificial activity in the larger context of the fisheries livelihoods and cultural sustainability debate, this article highlights the need to incorporate socio-cultural considerations into strategies to support inclusive and resilient blue economies particularly where local systems of belief continue to have an impact.

The influence of Environmental, Social, Governance (ESG) and leverage on the cost of capital (empirical study on mining companies listed on the Indonesia Stock Exchange for the 2022-2024 period) Yulianty, Nia; Natita, Rendi Kusuma
Journal of Economics and Business Letters Vol. 6 No. 1 (2026): February 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i1.1592

The primary objective of this investigation centers on evaluating the impact exerted by Environmental, Social, and Governance (ESG) factors together with leverage upon capital costs among mining corporations listed on the Indonesia Stock Exchange spanning the 2022–2024 interval. A quantitative methodology was employed, drawing upon secondary datasets sourced from audited annual reports, dedicated sustainability disclosures, and publicly available financial documentation. Through purposive sampling criteria, a cohort of 14 mining entities was delineated, yielding 42 firm-year observations for empirical scrutiny. ESG efficacy was quantified via a composite index aligned with Global Reporting Initiative (GRI) Disclosure Standards 2021, leverage was operationalized through the Debt-to-Equity Ratio (DER), and capital costs were proxied by the Weighted Average Cost of Capital (WACC). Rigorous preprocessing incorporated classical assumption validations, culminating in multiple linear regression analysis facilitated by IBM SPSS Statistics version 25. Empirical outcomes revealed that ESG disclosures manifest no discernible influence on capital costs, standing in stark juxtaposition to leverage, which demonstrated a negative and statistically robust association therewith. Collectively, ESG alongside leverage were found to significantly shape financing expenses, underscoring a synergistic explanatory mechanism. These results illuminate the preeminence of strategic debt management over sustainability signaling in modulating capital costs within Indonesia's mining landscape during the study window a nuance attributable to sectoral capital intensity and nascent ESG differentiation. By furnishing substantive evidence on the interplay of financial engineering and non-financial governance metrics, this inquiry enriches theoretical discourse on cost determinants within emerging market contexts, offering actionable insights for corporate treasurers navigating volatility-prone resource sectors.

The effect of liquidity, solvency, and profitability on company value in retail sub-sector companies listed on the Indonesia stock exchange for the 2019-2023 period Adha, Shultonnyck; Putri, Agatha Patricia Eka; Savitri, Arina Kamalia
Journal of Economics and Business Letters Vol. 6 No. 1 (2026): February 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i1.1681

This study aims to determine the influence of liquidity, solvency, and profitability on the value of the company. The population in this study is retail sub-sector companies listed on the Indonesia Stock Exchange. Based on the sampling technique with purposive sampling, a sample of nine companies was obtained. The data were analyzed using multiple linear regression analysis with the help of SPSS version 30. The results of the study show that partially liquidity and profitability do not have a significant effect on the company’s value, while solvency has a positive and significant effect on the company’s value. The results of the study simultaneously show that liquidity, solvency, and profitability have a positive and significant effect on the company’s value.

The influence of competency, professionalism, good organizational communication, and team work on individual performance Muchtamim, Muchtamim
Journal of Economics and Business Letters Vol. 6 No. 1 (2026): February 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i1.1683

This study examines the influence of competency, professionalism, good organizational communication, and teamwork on employee performance among private company employees in Jakarta. Data were collected through questionnaires distributed via Google Forms. Using the Lamshow formula, the required sample size was 96.04 and rounded to 97 respondents. An initial validity and reliability test on 30 samples showed all items were valid (r > 0.312) and reliable (Cronbach’s alpha > 0.60). Classical assumption tests indicated that the data were normally distributed, with no multicollinearity (VIF < 10; tolerance > 10%) and no heteroscedasticity based on scatterplot results. Simple and multiple regression analyses revealed that competency, professionalism, good organizational communication, and teamwork partially and simultaneously have positive and significant effects on employee performance. The coefficients of determination showed that competency contributed 46.8%, professionalism 50.6%, organizational communication 33.9%, teamwork 56.4%, and all variables simultaneously 70.1% to employee performance.

Effects of total asset turnover, current ratio, and debt-to-equity ratio on the profit margin ratios Ahmad, Kadhim Kamal; Sangawi, Shakhawan Saeed; Ahmad, Darun Tahir
Journal of Economics and Business Letters Vol. 6 No. 2 (2026): April 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i2.1451

This study aims to examine how the profit margin ratios of industrial sector companies listed on the Iraqi Stock Exchange between 2018 and 2023 are affected by the debt-to-equity ratio, current ratio, and total asset return. In this study, a quantitative methodology was used to analyze audited data of financial lists using EViews 12 software. It aims to show the effects of each of the dependent variables of net profit margin (NPM) and gross profit margin (GPM) on the independent variables of debt-to-equity ratio (DER), current ratio (CR), and total asset turnover (TAT). The results based on panel data from 10 manufacturing sector firms indicate the inter-variable effect as follows: The net profit margin (NPM) is significantly impacted negatively by DER, while GPM is positively impacted by DER. This NPM effect indicates that financial effects further reduce profitability. Nevertheless, CR has a slight beneficial impact on GPM and a non-significant negative impact on NPM. In addition, TAT indicates operational inefficiencies by increasing GPM and significantly reducing NPM. To promote sustainable growth in the Iraqi industrial sector, the report recommends increasing asset efficiency, optimizing capital structure, and strengthening liquidity management. This study makes several recommendations for legislators, investors, and corporate executives.

The intersection of tradition and economy: Exploring the sacrificial practices in Zanzibar’s Blue Economy Ahmed, Issa G.; Faki, Bakar Khatib
Journal of Economics and Business Letters Vol. 6 No. 1 (2026): February 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i1.850

The blue economy is now emerging as the essential conceptual framework to know how communities living on the coasts cope with sustainability and identify issues and build marine-based livelihoods. This paper aims to discuss the intersection between tradition and economy by investigating the issues of sacrifice in the Zanzibar fishing industry. That of the research, which relies on the accounts of fishermen and field observations in addition to questionnaire (n=22) results, concludes that whereas some individuals consider ritual sacrifices to be symbolic to more ceremonial rituals required to reach prosperous catches and economic prosperity, other people perceive it to be expensive or even destructive. These practices show how the cultural rituals and belief systems inform the way resources are utilized, how they make their revenue, and the way communities are built. They also highlight the relevant concerns of the correlation between traditional worldviews and the existing policies that facilitate the development of the blue economy. By placing sacrificial activity in the larger context of the fisheries livelihoods and cultural sustainability debate, this article highlights the need to incorporate socio-cultural considerations into strategies to support inclusive and resilient blue economies particularly where local systems of belief continue to have an impact.

Causal analysis of macroeconomic shocks on financial markets through machine learning methods Campita, Stefano; Benedetto, Francesco
Journal of Economics and Business Letters Vol. 6 No. 2 (2026): April 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i2.1449

Macroeconomic announcements often trigger sharp market reactions; however, their causal impact is difficult to measure. This study quantifies the causal effects of the consumer price index (CPI), non-farm payrolls (NFP), and Federal Open Market Committee (FOMC) decisions on the S&P 500, Gold, and the VIX using daily data from 2022 to 2024. Three estimators are applied: Ordinary Least Squares, Propensity Score Matching, and Double Machine Learning. The results show limited price adjustments but strong and statistically meaningful volatility responses. FOMC shocks generate the most persistent effects, whereas CPI and NFP impacts are short-lived. Overall, the findings indicate that volatility, rather than prices, is the primary transmission channel of macroeconomic news, highlighting the value of causal machine learning in identifying structural market responses.

A study on job perception of teachers working in State Agricultural Universities in Karnataka State of India Fazely, Abdul Sattar; Moain, Mohammad Naser; Faqiryar, Rahim Bakhsh
Journal of Economics and Business Letters Vol. 6 No. 1 (2026): February 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i1.1500

This study was carried in Three agricultural universities of India to analyze the job perception of teachers and to understand the association between the selected profile characteristics of teachers with their job perception. A total of 180 teachers from University of Agricultural Sciences, Bangalore (90 Nos) and University of Agricultural Sciences, Dharwad (90 Nos) formed the sample of the research study. The results revealed that a majority of UAS (B) teachers (70.00 %) and UAS (D) teachers (68.89 %) were belonging to medium to high level of job perception categories. More number of Professors (40.01%) and Associate Professors (40.00%) were belonging to high level of job perception, while an equal number of Assistant Professors were belonging to low (33.33%), medium (33.33%) and high (33.34%) level of job perception. There was significant difference in the mean job perception score between Professor and Assistant Professor at 5% level. Education, mass media participation, training undergone, achievement motivation, aspiration, competition orientation, scientific orientation, attitude towards organization and awards/recognition received had significant association with the job perception of teachers at 5% level. Whereas, job experience, perceived work load and organizational climate of the teachers had significant association at 1% level with their job perception.

The influence of Environmental, Social, Governance (ESG) and leverage on the cost of capital (empirical study on mining companies listed on the Indonesia Stock Exchange for the 2022-2024 period) Yulianty, Nia; Natita, Rendi Kusuma
Journal of Economics and Business Letters Vol. 6 No. 1 (2026): February 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i1.1592

The primary objective of this investigation centers on evaluating the impact exerted by Environmental, Social, and Governance (ESG) factors together with leverage upon capital costs among mining corporations listed on the Indonesia Stock Exchange spanning the 2022–2024 interval. A quantitative methodology was employed, drawing upon secondary datasets sourced from audited annual reports, dedicated sustainability disclosures, and publicly available financial documentation. Through purposive sampling criteria, a cohort of 14 mining entities was delineated, yielding 42 firm-year observations for empirical scrutiny. ESG efficacy was quantified via a composite index aligned with Global Reporting Initiative (GRI) Disclosure Standards 2021, leverage was operationalized through the Debt-to-Equity Ratio (DER), and capital costs were proxied by the Weighted Average Cost of Capital (WACC). Rigorous preprocessing incorporated classical assumption validations, culminating in multiple linear regression analysis facilitated by IBM SPSS Statistics version 25. Empirical outcomes revealed that ESG disclosures manifest no discernible influence on capital costs, standing in stark juxtaposition to leverage, which demonstrated a negative and statistically robust association therewith. Collectively, ESG alongside leverage were found to significantly shape financing expenses, underscoring a synergistic explanatory mechanism. These results illuminate the preeminence of strategic debt management over sustainability signaling in modulating capital costs within Indonesia's mining landscape during the study window a nuance attributable to sectoral capital intensity and nascent ESG differentiation. By furnishing substantive evidence on the interplay of financial engineering and non-financial governance metrics, this inquiry enriches theoretical discourse on cost determinants within emerging market contexts, offering actionable insights for corporate treasurers navigating volatility-prone resource sectors.

A strategic model to enhance the competitiveness of halal MSMEs through halal certification, digital marketing, and creative branding Bakti, Surya; Syarifah, Tengku; Alawiyah, Nurul Hikmatul; Syahputa, M. Sandi; Mutia, Dea; Sariani, Sariani
Journal of Economics and Business Letters Vol. 5 No. 6 (2025): December 2025
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v5i6.1600

This community service program was conducted to enhance the competitiveness of halal MSMEs in Binjai Baru Village, Datuk Tanah Datar District, Batu Bara Regency, North Sumatera Province, Indonesia, through three key interventions: halal certification awareness, digital marketing training, and creative branding workshops. The primary issues faced by MSMEs in this area include a limited understanding of halal certification procedures, low utilization of digital platforms for promotion, and weak brand identity, which affects product attractiveness. The program’s implementation method consisted of preparation, execution, and evaluation stages involving field observation, awareness sessions, hands-on digital marketing practice, and branding assistance. The results indicate a significant improvement in the participants’ understanding of the benefits of halal certification, their ability to use social media for product promotion, and their initial skills in designing brand identities and product packaging. The participants demonstrated high enthusiasm and were able to gradually apply the materials provided. Overall, this program successfully strengthened the legal, digital marketing, and branding capacities of local MSMEs, forming a solid foundation for enhancing sustainable competitiveness in the halal industry.

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Contact Name
Mochammad Fahlevi

Contact Email
leviyamani@gmail.com

Phone
+6281322222835

Journal Mail Official
admin@privietlab.org

Editorial Address
Menara Prima Lantai 29 Jl. DR. Ide Anak Agung Gde Agung, RT.5/RW.2, Kuningan, Kuningan Tim., Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12950

Location
Unknown,

Unknown

INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Home Page

OAI Link

Editorial Team

Contact

Reviewer

Google Scholar

Contact Name Mochammad Fahlevi

Contact Email leviyamani@gmail.com

Phone +6281322222835

Journal Mail Official admin@privietlab.org

Editorial Address Menara Prima Lantai 29 Jl. DR. Ide Anak Agung Gde Agung, RT.5/RW.2, Kuningan, Kuningan Tim., Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12950

Location Unknown, Unknown INDONESIA

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Contact Name
Mochammad Fahlevi

Contact Email
leviyamani@gmail.com

Phone
+6281322222835

Journal Mail Official
admin@privietlab.org

Editorial Address
Menara Prima Lantai 29 Jl. DR. Ide Anak Agung Gde Agung, RT.5/RW.2, Kuningan, Kuningan Tim., Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12950

Location
Unknown,

Unknown

INDONESIA