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Paska Marto Hasugian
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editorjournal@seaninstitute.or.id
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+6281264451404
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editorjournal@seaninstitute.or.id
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Komplek New Pratama ASri Blok C, No.2, Deliserdang, Sumatera Utara, Indonesia
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INDONESIA
Jurnal Ekonomi
Published by SEAN INSTITUTE
ISSN : 23016280     EISSN : 27219879     DOI : https://doi.org/10.54209
Core Subject : Economy,
Jurnal Ekonomi [p. ISSN 2301-6280, e. ISSN 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts in the various topics include, but not limited to, functional areas of Accountancy, Business management, Capital market, Economic History, Applied Economics, Business and Finance, Environmental Economics and Ecology, Islamic economics, Health Economics, Fiscal Economy Monetary Economics, Political Economy, Economic management, Operational management, Human Resource Management, Financial management, Marketing Management
Articles 2,391 Documents
INTERNET MARKETING AS A WAY FOR MSMES TO DO INTERNATIONAL MARKETING James Rianto Situmorang
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54209/ekonomi.v12i04.3022

Abstract

International marketing carried out by the company is to reach the target market abroad. International marketing can be done in various ways, one of which is internet marketing. MSMEs as business unit have also done internet marketing, including MSMEs or batik shops at the Trusmi batik center, Cirebon. The purpose of this study was to determine whether internet marketing carried out by the batik shops at the Trusmi batik center could reach overseas markets. The number of samples in this study were 20 batik shops with batik showroom types. In practice, internet marketing is carried out by batik shops using websites and social media. Facebook, Instagram, Whatsapp are social media used by all batik shops at the Trusmi batik center. The results showed that internet marketing has been able to reach overseas markets with the purchase of batik products by customers from abroad. Purchases of batik products are made through direct purchases at the Trusmi batik center and also through online media. Sales results from purchases by customers from abroad can be said to be quite large before the Covid-19 pandemic in Indonesia. The ban on foreign tourists from entering Indonesia has contributed to the decline in sales of batik products made by the Trusmi batik center by buyers from abroad.
THE EFFECT OF COMPANY FINANCIAL PERFORMANCE ON CAPITAL STRUCTURE (CASE STUDY ON FINANCING COMPANIES ON BEI PERIOD 2015-2020) Dinar Sukma Tantra; Dini Hariyanti
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

The objective of this research is to analyze and examine the impact of company's financial performance towards capital structure in financial companies in Indonesia for the 2015-2020 period. In this research, the data are from the Indonesia Stock Exchange (BEI), Financial Services Authority (OJK), and financial report of each company. Capital structure is measured using the Debt to Equity Ratio (DER) variable. Otherwise Financial Performance can be measured by Financing to Asset Ratio (FAR), Non Performing Loan (NPL), Price Earning Ratio (PER), Return on Assets (ROA), Return on Equity (ROE) variables. This research is using seven samples of financial companies in Indonesia for the 2015-2020 period in each semester. The researcher is using quantitative with seven sample financial companies listed on BEI & method with the research performance measured by the panel data regression. The results from panel data regression show that the fixed effect model is suitable and chosen. From this research explains that Financing to Asset Ratio (FAR) & Price Earning Ratio (PER) variables have shown positive impact towards capital structure variables, whereas Non Performing Loans (NPL), Return on Assets (ROA), Return on Equity (ROE) Have shown negative impact towards capital structure. The research is expected to be able to overview the capital structure for the company and concerns regarding the cash flow. The next research is expected to be able to add research variables and the year of the research for more perfection.
CAPACITY OF RISILIENCE AND INNOVATIVE BEHAVIOR: ITS INFLUENCE ON THE PERFORMANCE OF WOMAN ENTREPRENEURS IN AMBON CITY Nurul Maghifirah; Novalien Carolina Lewaherilla; Asiani Sijabat
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

The aim of this research is to analyze the influence between Capacity of Resilience and Innovative Behavior on the Performance of Woman Entrepreneurs in Ambon City, Nusaniwe District. This research design is an associative explanatory survey, namely a study that aims to reveal the correlation and contribution between the variables Capacity of Resilience and Innovative Behavior to the Performance of Woman Entrepreneurs. The object of the research is MSME actors in Ambon City. The sample in this study was 79 female MSME actors in Ambon City, Nusaniwe District. The research results show that Capacity of Resilience has a significant and positive effect on the performance of Woman Entrepreneurs, Innovative Behavior has a significant and positive effect on performance of woman entrepreneurs. The suggestions that can be put forward are to prioritize Capability of Resilience in optimizing the performance of Woman Entrepreneurs by encouraging improvements in quality and service to customers, quantity of business, responsibility, effectiveness and independence.
THE INFLUENCE OF CUSTOMER TRUST AND RELATIONSHIP MARKETING ON CUSTOMER SATISFACTION WHICH HAS AN IMPACT ON CUSTOMER LOYALTY FOR LIQUID SMOKED TUNA PRODUCTS IN AMBON CITY Victor Ernest Huwae; Feky Reken; Siska Jeanete Saununu
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

This research aims to test and analyze the influence of customer trust and relationship marketing on customer satisfaction which has an impact on customer loyalty for liquid smoked tuna products in the city of Ambon. The type of research used is quantitative research using questionnaires and interviews as research instruments. The sampling technique uses a non-probability method with the sampling technique used is a purposive sampling technique. The criteria used for sampling are buyers or customers who have purchased at least more than one purchase. The final sample size in this study was 66 respondents. The research results stated that customer trust had a positive and significant effect on customer satisfaction for smoked tuna products by 83.6%. Relationship marketing has a positive and significant effect on customer satisfaction for liquid smoked tuna products by 89.4%. Customer satisfaction has a positive and significant effect on customer loyalty of 88.5%.
THE INFLUENCE OF THE PROPORTION OF ELECTRONIC MONEY, MONEY SUPPLY, EXCHANGE RATE AND BI RATE ON ECONOMIC GROWTH IN INDONESIA IN 2010-2020 Della Juni Anggraini; Sunoto Sunoto
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

The purpose of the study is to determine and analyze the effect of the variable Nominal Proportion of Electronic Money Transactions, Money Supply, Exchange Rates, and BI Rate on economic growth in Indonesia in 2010-2020. The study utilized data in monthly time series from January 2010 to December 2020 where the sample amounted to 120 months. The research model is the Vector Error Correction Model (VECM) and is assisted by EViews 12 software. The results showed that in the long run a relationship was found between the variables of the Nominal Proportion of Electronic Money Transactions, Money Supply, and exchange rates on economic growth. Nominal Proportion of Electronic Money Transactions, and Money Supply have a positive and significant effect on economic growth. While the exchange rate variable in the long term and short term has a significant negative effect on economic growth.
THE EFFECT OF FINANCIAL DISTRESS, CAPITAL STRUCTURE AND FIRM SIZE ON FIRM VALUE IN THE BANKING SECTOR IN SOUTHEAST ASIA Budi Santoso; Sulastri Sulastri; Muizzudin Muizzudin; Marlina Widiyanti
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

The purpose of this study was to determine the effect of financial distress proxied by Financial Distress Score (FDS), the effect of capital structure proxied by Debt to Equity Ratio (DER) and the effect of firm size proxied by Total Assets (TA) on Firm Value (FV) in the banking sector in Southeast Asia. The number of samples in the study were 82 banks selected through purposive sampling method with the observation period for 2018 to 2022. This research is descriptive statistics with classical assumption tests. The analysis technique used is panel data regression where the common effect model (CEM) is chosen as the best model for this study. The results of the study with the coefficient of determination  show that the FDS, DER and TA variables are able to explain changes in firm value by 4.72%. The results of research with the t test show that FDS has no effect on firm value, DER has a significant positive effect on firm value and TA has a significant positive effect on firm value.
DETERMINANTS OF ORIGINAL LOCAL GOVERNMENT REVENUE OF REGENCY/CITIES AT WEST SUMATRA PROVINCE IN 2020-2021 Mulya Liza; Lili Wahyuni; Rita Dwi Putri
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

Regions that are considered advanced are regions that have high Original Local Government Revenue (PAD). The high PAD received by a region is an assessment of the level of regional government dependence on the central government in terms of APBD funding. Regional Original Income consists of several revenues including Rural and Urban Land and Building Tax (PBB-P2) and Acquisition Duty of Right on Land and Building (BPHTB). This research aims to determine the effect of Rural and Urban Land and Building Tax (PBB-P2) and Acquisition Duty of Right on Land and Building (BPHTB) on Original Local Government Revenue (PAD). This type of research is quantitative research. The population of this research is all regencies/cities in West Sumatra. The sampling technique used was total sampling. The data used is the 2020-2021 West Sumatra Province Regency/City Regional Revenue and Expenditure Budget Realization Report. The research results show that Rural and Urban Land and Building Tax (PBB-P2) affects Original Local Government Revenue (PAD). Meanwhile, receipt of fees for the Acquisition Duty of Right on Land and Building (BPHTB) does not affect Original Local Government Revenue (PAD). Simultaneously, Rural and Urban Land and Building Tax (PBB-P2) and Acquisition Duty of Right on Land and Building (BPHTB) influence Original Local Government Revenue (PAD).
FACTORS FOR IMPLEMENTING CAPITAL EXPENDITURE IN THE REGIONAL GOVERNMENT OF WEST SUMATRA PROVINCE 2018-2021 Nofridelfi Nofridelfi; Witra Maison; Siska Yulia Defitri
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

The implementation of regional autonomy provides an opportunity for regional governments to further develop the potential of their regions. To develop the potential of the region, regional governments need to increase the capital expenditure budget. The sources of funds used to finance capital expenditure consist of Original Local Government Revenue (PAD), General Allocation Funds (DAU), Special Allocation Funds (DAK), and Profit Sharing Funds. This research aims to determine the effect of Original Local Government Revenue (PAD) and General Allocation Funds (DAU) on Capital Expenditures. This type of research is quantitative research with an associative (relationship) approach. The population of this research is all regencies/cities in West Sumatra. The sampling technique used was total sampling. The data used is the 2018-2021 West Sumatra Province Regency/City Regional Revenue and Expenditure Budget Realization Report. Partially, the research results show that Original Local Government Revenue (PAD) influences Capital Expenditures and General Allocation Funds (DAU) also influences Capital Expenditures. Meanwhile, simultaneously, Original Local Government Revenue (PAD) and General Allocation Funds (DAU) influence Capital Expenditures.
FACTORS INFLUENCING THE SUCCESS OF EMPING MELINJO MICRO SMALL ENTERPRISE BASED ON CREATIVE ECONOMY IN ALUR GADUNG VILLAGE, SAWIT SEBARANG DISTRICT, LANGKAT DISTRICT Sandi Pranata; Yusrizal Yusrizal; Budi Dharma
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

The purpose of this study was to examine and analyze the effect of Raw Materials, Connections, and Promotion on the Success of Creative Economy-Based Micro, Small and Medium Enterprises Emping Melinjo Emping Melinjo in Langkat Regency. This research uses a quantitative descriptive approach and data is collected through questionnaires. The population in this study is the entire UMKM Industry in 2022 totaling 271 business actors, which are then used as a sample of 73 business actors. The data analysis tool used is the classic assumption method with multiple linear regression analysis, coefficient of determination, F test and t test. The results of this study indicate that: (1) Raw materials have a positive but not significant effect on business success. (2) Connection has a positive and significant effect on business success. (3) Promotion has a positive and significant effect on business success. And the value of the coefficient of determination (R2) is 0.529 which means that 52.9% of the variation in the value of business success is determined by four variables that influence business success, namely raw materials, connections, and promotions. While the rest (100% - 52.9% = 47.1%) is influenced by independent variables not examined.
THE INFLUENCE OF COMPENSATION, WORK ENVIRONMENT, AND LEADERSHIP ON EMPLOYEE PERFORMANCE AT PT BPD KALTIM KALTARA WITH JOB SATISFACTION AS A MEDIATING VARIABLE Angga Hadianto; Eny Rochaida; Saida Zainurossalamia
Jurnal Ekonomi Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023
Publisher : SEAN Institute

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Abstract

This study aims to analyze empirical evidence of the influence of compensation, work environment, and leadership on the performance of PT BPD Kaltim Kaltara employees, with job satisfaction as a mediating variable. This study uses a quantitative method with a sample of 175 data. The sample selection is determined based on purposive sampling, which is the selection of samples with specific criteria. This research employs the Hair et al. formula. The analytical techniques used in this study are SPSS and SEM PLS analysis, utilizing SmartPLS software version 3.2. The research results indicate that compensation has a positive and significant impact on employee performance. The work environment does not affect employee performance. Leadership has a positive and significant impact on employee performance. Job satisfaction has a positive and significant impact on employee performance. Compensation has a positive and significant impact on job satisfaction. The work environment has a positive and significant impact on job satisfaction. Leadership does not affect job satisfaction. Job satisfaction can mediate the influence of compensation on employee performance. Job satisfaction can mediate the influence of the work environment on employee performance. Job satisfaction cannot mediate the influence of leadership on employee performance.