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Journal of Economics and Business Letters
Published by PRIVIETLAB
ISSN : 27988651     EISSN : 27984885     DOI : -
JEBL: Journal of Economics and Business Letters is an open access, six-annually peer-reviewed international journal published by PRIVIETLAB. It provides an avenue to academicians, researchers, managers and others to publish their research work that contributes to the knowledge and theory of Economics and Business related disciplines. JBEL is published six a year. Publisher of Open Access Journals & Books designed to make it easy for worldwide researchers to discover leading-edge scientific research. Working closely with the global scientific community has been at the heart of our book and journal publishing activity. With a portfolio including journals, books, conference proceedings, we focus on Economics, Business, Finance, Management, Accounting, E-Business, and many more. PRIVIETLAB also publishes on behalf of other scientific organizations and represents their needs and those of their members. With worldwide impact, we support researchers, librarians and societies in their endeavours. PRIVIETLAB is an international center for supporting distinguished researchers, teachers, scholars and students who are researching various areas of Business, Science, and Technology. PRIVIETLAB wishes to provide good chances for academic and industry professionals to discuss recent progress in various areas of Business, Science, and Technology. PRIVIETLAB organizes many international conferences, symposia and workshops every year, and provides sponsor or technical support to researchers who wish to organize their own conferences and workshops.
Articles 169 Documents
Adoption of mobile money and financial inclusion in the Gambia: Evidence from small businesses and households Saidyjeng, Lamin; Gitteh, Alasana; Fatajo, Modou Lamin; Nasso, Musa
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.v6i2.1676

Abstract

This study examines the structural mechanisms through which mobile money adoption translates into financial inclusion outcomes in The Gambia. Moving beyond binary measures of access, this study investigates how and for whom mobile money generates tangible economic benefits. A sequential explanatory mixed methods design was employed, comprising surveys of 384 households and 152 small businesses, followed by semi-structured interviews. Structural equation modelling (SEM) was used to test a conceptual model in which perceived utility, social influence, and facilitating conditions predict adoption intensity, which then mediates financial resilience and operational efficiency. The results show that perceived utility and strong agent networks are the strongest predictors of deep adoption. Adoption intensity strongly mediates gains in household financial resilience and small-business operational efficiency. A critical finding is a usage plateau: despite mobile money’s effectiveness as a payment bridge over the digital divide, the connection to formal credit remains weak, constraining deeper financial inclusion in the long run. Policy should therefore shift from promoting access to enabling qualitative usage for example, by using transaction data for credit scoring and ensuring equitable service quality so that mobile money becomes a platform for comprehensive financial empowerment.
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

Abstract

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

Abstract

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.
The effect of hedonic shopping motivation and e-WOM on impulse buying mediated by positive emotion among Sociolla consumers in Jabodetabek area Welhenly, Veronica Cynthia; Sugiyanto, Liem Bambang
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.v6i2.1719

Abstract

This study reveals that positive emotions triggered by hedged shopping motives and digital buzz from eWOM significantly boost shoppers' urge for spur-of-the-moment purchases at Sociolla. Using SmartPLS-driven Structural Equation Modeling (SEM), the analysis of survey data on active Sociolla users uncovers direct and indirect links: hedonic drives and eWOM both spark positive feelings and directly fuel impulse buys, while positive emotions fully bridge the path from these drivers to uncontrolled spending. To quantitatively probe this dynamic, the study surveyed Sociolla's regular customers using structured questionnaires. Ultimately, it highlights how digital chatter and pleasure-seeking impulses cultivate feel-good states that propel snap buying decisions. The limitation of this study lies in the sampling process, which only focuses on Sociolla consumers in the Jabodetabek area. Practically, this research provides implications for Sociolla and other digital beauty industry players to strengthen enjoyable shopping experiences and improve the quality of electronic word-of-mouth (eWOM) through authentic consumer review. Theoretically, this study enriches the consumer behavior literature by validating the mediating function of positive emotions. It connects hedonic motivation and digital information exposure to impulse buying in the beauty e-commerce ecosystem.
The effect of tax planning, deferred tax expense, and earnings management on tax avoidance with corporate governance as a moderating variable Osman, Rani Nur Az-zahra; Wiralestari, Wiralestari; Wahyudi, Ilham; Arum, Enggar Diah Puspa
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.v6i2.1746

Abstract

This study examines the effects of tax planning, deferred tax expenses, and earnings management on tax avoidance, with corporate governance as a moderating variable. The research sample comprises 52 manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2020–2024 period, yielding 260 firm-year observation. Data analysis was conducted using Structural Equation Modeling-Partial Least Squares (SEM-PLS) through SmartPLS 4. The findings reveal that tax planning, deferred tax expenses, and earnings management each have a significant positive effect on tax avoidance. Corporate governance effectively moderates (weakens) the relationship between tax planning and tax avoidance and between earnings management and tax avoidance. However, corporate governance does not significantly moderate the effect of deferred tax expenses on tax avoidance. These findings offer theoretical contributions to agency and tax compliance theories in the Indonesian context and provide practical implications for tax authorities, regulators, and corporate management in designing more effective oversight mechanisms to mitigate aggressive tax avoidance practices.
Employee satisfaction model in financial service: The role of leadership style, work atmosphere, and employee enthusiasm Farid Subkhan; Agil Permata Ramadhan
Journal of Economics and Business Letters Vol. 6 No. 3 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i3.1685

Abstract

Human resources are essential for augmenting labor productivity within an organizational context, including leadership style, an effective work atmosphere, employee enthusiasm, and employee satisfaction. This study aims to analyze the implications of leadership style, work atmosphere, and employee enthusiasm on employee fulfilment in the financial sector in Greater Jakarta. This study used a mixed-methods design that combined quantitative and qualitative procedures. The quantitative study involved 215 respondents from the financial services industry in Greater Jakarta. To deepen the analysis, qualitative research was conducted with ten participants from the same area. Data for the quantitative study were collected through online interviews, and for the qualitative component, through direct phone interviews. The quantitative data analysis uses SPSS version 25.0, and the statistical exercise provides empirical findings by which all instruments of the study are shown to be valid and reliable. Hypothesis evaluation was performed using multiple linear regression techniques. The qualitative part was conducted using descriptive thematic analysis. The empirical evidence of this study demonstrates that the three examined variables, leadership style, work atmosphere, and employee enthusiasm, make a substantial and favorable contribution to raising employee satisfaction, both individually and collectively. This research is crucial as a reference for developing an adaptive and agile HR management strategy to raise employee satisfaction, which leads to productivity improvement, particularly in the financial services industry.
The influence of digital leadership on innovative performance through work engagement in Generation Z employees in Bali I Gede Ary Ardika; Nyoman Sri Subawa; Caren Angellina Mimaki
Journal of Economics and Business Letters Vol. 6 No. 3 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i3.1786

Abstract

This study investigates the impact of digital leadership on innovative performance through the mediating role of work engagement among Generation Z employees in Bali. This study adopts a quantitative approach using a survey design, with data collected from 100 respondents selected through purposive sampling. Partial Least Squares Structural Equation Modeling (PLS-SEM) was used for the analysis. The findings reveal that work engagement positively and significantly impacts innovative performance, while digital leadership boosts work engagement in a statistically meaningful way; however, it fails to directly influence innovative performance to a significant degree. Moreover, the full mediation by work engagement in the link between digital leadership and innovative performance suggests that employee engagement channels the innovation-boosting effects of digital leadership. These findings imply that digital leadership indirectly improves innovative performance by first enhancing employees’ work engagement. Therefore, organizations are encouraged to strengthen digital leadership practices while simultaneously fostering higher levels of engagement among employees, particularly Generation Z workers, to support innovation in a digitally oriented work environment.
The role of internal marketing in improving service quality: A study of service companies Rachman Mulyandi; B Wishman S` Siregar; Elizabeth Elizabeth; Ridnawati Ridnawati; Dede M. Riski
Journal of Economics and Business Letters Vol. 6 No. 3 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i3.1869

Abstract

This study examines the role of internal marketing in improving service quality at service companies. The research method employed in this study is a qualitative approach using a literature review. This study highlights that internal marketing significantly increases employee satisfaction, engagement, and commitment, which ultimately has a positive impact on the quality of service provided. Effective internal marketing practices, such as good communication, training, and recognition, play a crucial role in boosting employee motivation and performance. The research findings confirm that internal marketing is a strategic investment in human resource management that can optimize organizational performance by improving service quality. By prioritizing internal marketing, companies can create a work environment conducive to innovation, collaboration, and employee well-being, thereby supporting the achievement of sustainable organizational performance.
Predicting currency crises in emerging markets: A deep learning approach with LSTM networks and attention mechanism Şaban Onur Viga
Journal of Economics and Business Letters Vol. 6 No. 3 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i3.1894

Abstract

Exchange rate crises in emerging markets can unfold with extraordinary speed; however, the macroeconomic vulnerabilities feeding into them typically build over years rather than overnight. This study asks whether machine learning — specifically, a Long Short-Term Memory network augmented with Bahdanau attention — can expose the temporal structure of that build-up in a way that conventional early warning models cannot. Using a panel of 30 emerging economies from 1998 to 2023 (780 country-year observations and nine macroeconomic predictors), Exchange Market Pressure indices are constructed to generate crisis labels cross-validated against Laeven and Valencia (2018). Head-to-head testing against Logistic Regression (AUC = 0.985) and Random Forest (AUC = 0.968) showed that the LSTM-attention model (AUC = 0.886) did not win on raw discriminative metrics, a result reported transparently rather than apologetically. The model's value lies elsewhere: attention weights decompose each crisis probability estimate across the three-year look-back window, revealing that conditions one year before a crisis carry roughly 40 percent of the total explanatory weight, with meaningful contributions from two and three years prior as well. Real effective exchange rate misalignment and interest rate differentials emerge as the most informative predictors. These findings support the view that temporal interpretability — understanding not just whether a crisis is probable but how vulnerability accumulates — constitutes a distinct and operationally useful addition to existing surveillance toolkits.