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Contact Name
Mochammad Fahlevi
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leviyamani@gmail.com
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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
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INDONESIA
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 173 Documents
Ownership structure and cash holding: A theoretical review Rehan Zahid
Journal of Economics and Business Letters Vol. 6 No. 4 (2026): August 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i4.1948

Abstract

This study provides insights into how different types of ownership structures influence cash holdings. The PRISMA model was utilized in this study. Major theories, including the cash flow theory, were identified in this study. The literature was also studied to extract information on the variables used in this study. The literature suggests that managerial, family, government, and foreign ownership are positively associated with cash holdings, and institutional ownership is negatively associated with firms' cash holdings. The positive association between managerial ownership and cash holdings reduces agency costs and minimizes agency problems between managers and shareholders. Family ownership is positively associated with cash holdings because family owners retain cash to mitigate risks and ensure long-term survival. The inverse relationship between institutional ownership and cash holdings indicates that institutional owners are reluctant to share control rights with other stakeholders. These results are useful for financial experts, management, academicians, economists, auditors, and all firms' stakeholders.
How far and how fast could Bitcoin fall? Chung Baek
Journal of Economics and Business Letters Vol. 6 No. 4 (2026): August 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i4.1950

Abstract

Because Bitcoin typically exhibits higher volatility than traditional assets, evaluating and managing its risk is essential. We estimate Bitcoin’s potential maximum drawdowns (MDDs) using Monte Carlo simulations based on a stochastic jump process and assess the likelihood of substantial declines in the coming years. Based on our results, the simulation results suggest that an MDD of at least 60% is highly probable within three to four years, while an MDD of at least 70% appears plausible within five years. Moreover, our sensitivity analysis indicates that the MDD of Bitcoin is most strongly influenced by jump intensity. These results offer critical insights for market participants seeking to analyze Bitcoin’s downside risk and formulate strategies to navigate potential market downturns.
Transformational leadership, work motivation, and teacher performance: Evidence from the Sula Islands, Indonesia Fitra Nita Nur; Edi Sugiono; Hasanudin Hasanudin
Journal of Economics and Business Letters Vol. 6 No. 4 (2026): August 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v6i4.1999

Abstract

This study aims to examine the effect of school principal transformational leadership and work motivation on teacher performance at SMA Negeri 1 Kepulauan Sula, a remote insular school context that remains underexplored in Indonesian educational leadership research. Using an explanatory research approach, data were collected from 48 teachers through a saturated sampling technique and a 1–5 Likert-scale questionnaire, then analyzed with SmartPLS 4. Results show that transformational leadership significantly affects teacher performance (β = 0.502) and work motivation (β = 0.886), while work motivation significantly affects teacher performance (β = 0.486), jointly explaining 92.2% of its variance. This topic was chosen because senior high schools in geographically isolated regions face distinct leadership and motivational challenges rarely addressed in prior studies. The novelty lies in testing this model within a remote insular context to help reconcile inconsistent prior findings. It is recommended that principals strengthen transformational leadership and design context-specific strategies to sustain teacher motivation.   Keywords: transformational leadership; work motivation; teacher performance; school principal.