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editorjournal@seaninstitute.or.id
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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 2,401 Documents
The Effect of Competency Certification on Employee Performance with Competency Testing as a Variable Mediation (Study at PT. X) Siswanto Siswanto; Dewi Yustiana; Koen Irianto Uripan; Sutomo Sutomo; Siti Nur Soleha
Jurnal Ekonomi Vol. 15 No. 01 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

This study aims to analyze the effect of competency certification on employee performance, with competency testing as a mediating variable, at PT. X. The population of this study was 283 operator employees at PT. X, with a sample of 164 employees. The sampling technique used was purposive sampling. The research method used a quantitative approach with Partial Least Squares (PLS) analysis to test the relationship between variables. The results of the study showed the following findings: Competency certification does not have a significant direct effect on employee performance, Competency certification has a positive and significant effect on competency testing, Competency testing has a positive and significant effect on employee performance, Competency testing acts as a significant mediating variable, where competency certification can improve employee performance through competency testing. Overall, this study concludes that although competency certification does not directly affect performance, it becomes effective in improving employee performance when integrated through a rigorous competency testing process.
Sharia Business Practice in the Span of Retail Business Franchises Noor Maymunah
Jurnal Ekonomi Vol. 15 No. 01 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

In this era of globalization, franchise expansion is one of the main strategies in the growth of the retail industry. In a business framework guided by Islamic values, the importance of business ethics is increasing. This article explores the role of Islamic Business Ethics in the context of the retail industry's franchise expansion, with a focus on the economic cycle and Islamic business practices. Through a literature review, this article outlines how Islamic business ethical values can guide franchise expansion measures, manage risk in fluctuating economic cycles, and implement sharia business methods that adhere to Islamic values. This study reviews the impact of Islamic business ethics principles in strengthening the foundations of sustainability and long-term success for the retail industry focusing on the principles of justice, social responsibility, and economic balance. The results of the study show that the application of Islamic business ethics in the franchise expansion of the retail industry can improve business performance, strengthen consumer trust, and promote business sustainability. This research highlights the importance of understanding and applying Islamic business ethics principles in the context of modern business, especially in the retail industry.
Analysis of the Influence of Workload and Organizational Support on Work-Life Balance with Burnot as a Mediating Variable on Gen Z Employees in E-Commerce Companies Safrina Nur Arbi'ah; Irmawati Irmawati
Jurnal Ekonomi Vol. 15 No. 01 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

The aim of this study was to examine how workload and organizational support affect work-life balance, with burnout acting as a mediator. The participants included 201 Generation Z employees working in the e-commerce industry, who were selected through an online survey distributed via Google Forms. Purposive sampling was used to choose the participants. The data was analyzed using the SmartPLS method. The findings indicated that both workload and organizational support had a positive impact on work-life balance. Additionally, burnout partially influenced the relationship between workload, organizational support, and work-life balance.
Analysis of Work Motivation and Work Discipline on Employee Job Satisfaction PT. Pilar Indo Abadi Surabaya Sutoyo Sutoyo; Koen Irianto Uripan
Jurnal Ekonomi Vol. 15 No. 01 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

This study aims to determine the effect of Work Motivation and Work Discipline on Employee Job Satisfaction at PT. Pilar Indo Abadi. The population in this study was all employees of PT. Pilar Indo Abadi Surabaya, using a saturated sample method, resulting in a sample size of 60 employees of PT Pilar Indo Abadi Surabaya. To prove the hypothesis, the test used was Partial Least Square. Based on the results of the study, it was found that Work Motivation has a positive effect on Job Satisfaction and Work Discipline has a positive effect on Job Satisfaction.
The Influence of Online Customer Review and Online Customer Rating on Purchase Intention in TikTok Shop E-Commerce (A Study on TikTok Shop Online Consumers @Vivacosmetics) Athaya Faza Mazidah; Rena Feri Wijayanti; Asminah Rachmi
Jurnal Ekonomi Vol. 15 No. 01 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

The rapid growth of e-commerce has led to the rise of social commerce platforms, including TikTok Shop, which has experienced significant user expansion in Indonesia. Among the most rapidly growing product categories on TikTok Shop is beauty, particularly brands like Viva Cosmetics. Two key factors that influence consumer purchase interest in this context are online customer reviews and online customer ratings. Therefore, this study aims to examine the effect of online customer reviews (X1) and online customer ratings (X2) on consumer purchase interest (Y) in Viva Cosmetics products on TikTok Shop. This study employed a quantitative approach with a survey research design. The sampling method used was probability sampling with a proportionate stratified random sampling technique. The sample consisted of 100 respondents who were TikTok Shop users residing in Malang City and had seen or shown interest in Viva Cosmetics products. Data were collected through online questionnaires, and the analytical methods used included multiple linear regression and hypothesis testing to analyze the influence between the independent and dependent variables. The results of the study indicate that both online customer reviews (X1) and online customer ratings (X2) have a positive and significant effect on consumer purchase interest. The partial hypothesis test results show that each variable independently influences purchase interest positively and significantly. Furthermore, the simultaneous test results reveal that online customer reviews and online customer ratings together have a significant and positive impact on consumer purchase interest. Based on these findings, it can be concluded that Viva Cosmetics consumers on TikTok Shop exhibit high purchase interest influenced by online reviews and ratings. Therefore, business operators should pay attention to the quality of customer reviews and maintain high product ratings to increase product attractiveness and strengthen consumer trust.
Price Discrimination Practices: an Economic and Legal Perspective Riza Zulfikar
Jurnal Ekonomi Vol. 13 No. 04 (2024): Edition October -December 2024
Publisher : SEAN Institute

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Abstract

Unfair business competition practices have the potential to result in a situation where one company completely controls the market, known as monopoly. Monopolists often employ pricing strategies that competitors cannot pursue in a healthy market. The legal rules that regulate business competition practices in various countries generally focus on the public interest to improve the welfare of society. This research aims to present a holistic understanding of price discrimination practices, highlighting the complexity of the economic and legal regulations involved and their enforcement on markets and consumers. The practice of price discrimination is one of the business practices that is usually implemented by companies to gain more profits, but because its impact can be detrimental to the welfare of society/consumers and can hamper efforts to create a healthy business competition climate, several variants of price discrimination are classified as illegal practices. Based on the Per Se Illegal doctrine, Article 6 of Law Number 5 of 1999 confirms that price discrimination, namely determining that one buyer must pay a different price from the price that must be paid by another buyer, is a prohibited business practice. The Per Se Illegal Doctrine is used because of considerations to simplify the process of enforcing price discrimination laws by providing clarity and shortening the administrative process. Implementation of Article 6 of Law Number 5 of 1999 still faces many challenges, not least because the regulation does not clearly explain what types of price discrimination can be detrimental to society and anti-competitive.
The Effect of Tax Planning, Deferred Tax Expense, and Taxpayer Compliance on Earnings Management in Food and Beverage Companies Listed on the Indonesia Stock Exchange (IDX) for the 2019–2023 Period Nadia Novianti; Danang Choirul Umam
Jurnal Ekonomi Vol. 15 No. 02 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

This study aims to examine the influence of tax planning and deferred tax expense on earnings management in food and beverage companies listed on the Indonesia Stock Exchange. The research is grounded in agency theory and positive accounting theory, which explain managerial incentives in financial reporting decisions. A quantitative approach with an associative design is employed to analyze the relationship between the variables. The data used in this study are secondary data obtained from published financial statements of companies within the selected sector. The sampling technique applied is purposive sampling based on specific criteria to ensure data completeness and consistency. The findings indicate that tax planning has a positive and significant effect on earnings management, suggesting that more effective tax strategies provide greater flexibility for managers to adjust reported earnings. In contrast, deferred tax expense shows a negative and significant effect, implying that it acts as a constraint on managerial discretion in earnings manipulation. These results highlight the dual role of tax-related variables as both enabling and limiting factors in earnings management practices. This study contributes to the literature by providing empirical evidence on the relationship between taxation strategies and financial reporting behavior within a specific industrial context. The findings also offer practical implications for stakeholders to critically evaluate tax-related information as potential indicators of earnings management.
Digital Transformation of Banking and Its Legal Risks Muhamad Agung Dharmajaya
Jurnal Ekonomi Vol. 11 No. 03 (2022): Jurnal Ekonomi, 2022 Periode Desember
Publisher : SEAN Institute

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Abstract

Digital transformation of banking through the adoption of cutting-edge technology offers high efficiency, but on the other hand, it triggers the emergence of regulatory asymmetry (regulatory lag) and various new risk variants. This study aims to identify the dominant legal risk typologies in the era of banking digitalization and evaluate the readiness of the regulatory framework and effective legal risk mitigation mechanisms. The research method used is normative juridical with a descriptive-analytical approach to examine primary, secondary, and tertiary legal materials through literature review, which are then analyzed qualitatively using deductive reasoning. The results indicate three main legal risk typologies: violations of personal data protection due to data breaches, escalation of cybercrime such as phishing and ransomware that trigger disputes over unauthorized transactions, and legal uncertainty regarding the validity of electronic contracts (e-contracts) and the reliability of digital evidence in court. This study concludes that banks can no longer rely on unilateral exoneration clauses that harm consumers. Legal mitigation efforts must be implemented holistically by strengthening internationally standardized information technology governance (ISO 27001), strengthening e-KYC systems, implementing standard digital forensics audit logs, and utilizing cyber insurance. Meanwhile, regulatory authorities are required to shift their policy approach to principle-based, adaptive regulation to create a secure, trustworthy, and legally certain digital banking ecosystem.
Development of a Construction Service Provider Performance Assessment System as an Instrument for Preventing Project Failure in the Badung Regency Government I Wayan Gede Putrawan; I Gede Putu Kawiana; I Putu Putra Astawa
Jurnal Ekonomi Vol. 15 No. 02 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

The failure of government construction projects characterized by work delays, the imposition of fines, and even contract termination remains a challenge in the implementation of government procurement of goods/services. This study aims to analyze the influence of construction service provider performance on the risk of project failure in Badung Regency and identify the most dominant performance dimensions in shaping service provider performance. The study used a quantitative approach with an explanatory research design. Data were obtained from 140 respondents consisting of Commitment Making Officers (PPK), technical officials, and construction service providers involved in Badung Regency government projects. Data analysis was conducted using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The results showed that all service provider performance dimensions, namely technical performance, time performance, financial performance, managerial performance, and contractual compliance, had a positive and significant effect on service provider performance. The managerial performance dimension was the most dominant factor with an influence coefficient of 0.365, followed by contractual compliance at 0.241. Service provider performance was proven to have a significant effect on the risk of project failure (b= 0.246; p = 0.024), although its contribution is relatively limited with an R² value of 0.060. This finding indicates that improving service provider performance can be an important instrument in mitigating project risks, but preventing project failure also requires strengthening aspects of planning, governance, supervision, and risk management in an integrated manner. This study recommends the development of a service provider performance assessment system based on historical data as a basis for more accountable procurement decisions that are oriented towards project success.
Data Analysis on Human Resource Management and Development of Village-Owned Enterprises in Improving the Welfare of the Paspan Village Community in Banyuwangi Regency I Gede Wirayasa; Ida Ayu Putu Widani Sugianingrat; I Putu Putra Astawa; Lilik Khomsatin Romadhoni
Jurnal Ekonomi Vol. 15 No. 02 (2026): Jurnal Ekonomi
Publisher : SEAN Institute

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Abstract

Village-Owned Enterprises (BUM Desa) are a strategic instrument in driving village economic development through the management of local potential and community empowerment. The success of BUM Desa is not only determined by the organizational governance aspect, but also by the ability to develop human resources as the main asset of village development. This study aims to analyze the governance and human resource development carried out by BUM Desa Jaya Makmur in improving the welfare of the community of Paspan Village, Glagah District, Banyuwangi Regency. The study used a qualitative approach with a case study method. Data were obtained through in-depth interviews, observation, and documentation of the Village Head, BUM Desa managers, and community members involved in the BUM Desa program. Data analysis was conducted using the Miles and Huberman interactive model which includes data reduction, data presentation, and drawing conclusions. The results show that the governance of BUM Desa Jaya Makmur has fulfilled the principles of participation, policy coherence, reflexivity and adaptability, and democratic institutions. In addition, human resource development is carried out through skills training, empowerment of productive businesses, entrepreneurial mentoring, and increased community participation. These programs contribute to increasing community capacity, expanding business opportunities, increasing income, and strengthening village economic independence. The research findings confirm that good governance and sustainable human resource development are important factors in improving the performance of Village-Owned Enterprises and community welfare.