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INDONESIA
Jurnal Ekonomi
Published by SEAN INSTITUTE
ISSN : 23016280     EISSN : 27219879     DOI : https://doi.org/10.54209
Core Subject : Economy,
Economics, Econometrics & Finance
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
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 2,391 Documents
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GENERATION GAP CONFLICT AND ITS IMPACT ON EMPLOYEE PERFORMANCE Lina Dameria Siregar; F.X. Parama Santati; Nia Meitisari
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

The purpose of this study is to demonstrate and explain the influence of the generation gap conflict between millennials and older employees on employee performance. The meeting of three or even four generations in one organization currently marks the generation gap. These distinctions cause generational conflicts. Long-term conflict will undoubtedly have an influence on performance. This study's demographic is people of working age with years of birth, specifically the baby boomers generation (1946-1964), generation X (1965-1980), generation Y or millennials (1981-1996), and generation Z (1997-2012), with up to 200 respondents. This study collected primary data via distributing questionnaires. Descriptive analytic techniques and multiple linear regression analysis were used to handle and analyze the data. According to the findings of this study, communication, opinions on work values or ethics, perspectives on rules and authority/hierarchy, and knowledge of technology all have an impact on employee performance.
THE EFFECT OF WORKING CAPITAL ON COMPANY PROFITABILITY Muh. Farhan; Goso Goso; H. Halim Palatte
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

CV. Tirta Rumaju is a bottled drinking water company located in Rumaju Village, Bajo sub-district, South Sulawesi. This company made a new breakthrough in the bottled drinking water industry in Indonesia by producing bottled drinking water containing high oxygen levels with a tough brand. Oxygen is a water-forming element together with hydrogen (H20). Oxygen (02) is a compound that can affect the freshness level of water. The research method used is a quantitative research method. Quantitative research is research that involves and processes numbers with the help of statistical tools to test the hypothesis. This research is quantitative, namely research in the form of financial statements of the company Cv. Tirta Rumaju Rumaju Village, Bajo District, Sulawesi. Based on the results of research on working capital on profitability at CV. Tirta Rumaju Rumaju Village, Bajo District, South Sulawesi can be drawn the following conclusions: 1). Based on the results of a simple linear regression analysis, working capital (X) has a positive and insignificant effect on profitability (Y), where every one percent increase increases profitability by 0.169. Then the opportunity to get the maximum profit will be even higher. 2). The magnitude of the contribution or influence of working capital on profitability is 0.177 which means the effect of working capital on profitability is 17.7% and the remaining 82.3% is influenced by other factors not examined. 3). Based on the results of the t-test that has been done, it can be seen that t count ≤ t table, namely 0.804 ≤ 2.183. so the hypothesis is rejected, where it can be concluded that working capital has a positive and not significant effect on profitability at CV. Tirta Rumaju Rumaju Village, Bajo District, South Sulawesi.
VALUE CHAIN ANALYSIS OF MCDONALD Iksan Adityo Mulyo
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

This research abstract focuses on the value chain analysis and business model of McDonald's, a global food service retailer that serves approximately 70 million customers daily across almost 35,000 outlets worldwide. McDonald's primary revenue comes from franchising the majority of its locations, offering a wide variety of fast food at a low cost while expanding its business abroad. The inbound logistics involve receiving, storing, and utilizing primary material to make burgers and other menu items. The franchise formats include conventional franchise, developmental license, and affiliate. McDonald's marketing strategy focuses on developing menus that cater to regional tastes while conveying the message of delicious fast food at an affordable price. Technology plays a crucial role in the value chain, enabling opportunities for collaboration across members of the corporate value. The success of McDonald's competitive strategy depends on its capacity to understand its capabilities and the preferences of the clients, creating an effective and efficient value chain that adds to the operational operations of the entire business. McDonald's challenges include maintaining its market share and customer base in a competitive market while addressing the unintended repercussions of globalization, such as the worldwide overweight epidemic. Performance management is a critical instrument for assessing the organization's potential to stay in business over the long and short terms, measuring the desired outcome with the actual outcome in daily activities.
THE EFFECT OF OWNERSHIP STRUCTURE ON AUDIT QUALITY IN THE BANKING SECTOR IN 2010-2018 Evelyn Christina Kurniawan
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

This study aims to identify the effect of state ownership structure and large share ownership on audit quality in the banking sector. The sample for this research is banking sector companies listed on the Indonesia Stock Exchange (IDX) in 2010-2018. Researchers used the ordinal logistic regression test, model testing was done twice. The first study measured large shares with a concentration of ownership of the first 10 shareholders. The second research measures large shares with block share ownership above 5%. The results of the study show that there is no significant effect between state ownership and ownership concentration variables on audit quality. The results of the study used a robust blockholder ownership variable in the first study. This can be explained by the characteristics of market players in Indonesia, most of whom only consider capital gains and pay little attention to audit quality. The conclusion of this study is that the role of governance is less than optimal in the banking sector in Indonesia. This research can be useful for evaluating the implementation of governance regulations and evaluating bank audit quality.
HOW SUBJECTIVE NORM, RELIGIOSITY, AND ATTITUDE AFFECT PURCHASE INTENTION FOR EMINA PRODUCTS IN SURABAYA Siska Wiganda; Sarah Barqiah
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

This study aims to determine the effect of subjective norms, religiosity, and attitudes on the purchase intention of "Halal" products. The object used in this research is Emina Cosmetic products in Surabaya. Data processing was carried out using Structural Equation Modeling (SEM) with AMOS software version 22 for windows. The data used in this study are primary data obtained from distributing questionnaires. Respondents in this study were 151 respondents who had used Emina products in the last 1 year. The sampling technique for this study was a non-probability sample with a purposive sample. The results of this study indicate that there is a positive and significant influence between subjective norms and attitudes towards purchase intention of Emina products in the "Halal" category. Meanwhile, religiosity has no effect on the purchase intention of Emina products in the "Halal" category.
THE EFFECT OF CASH FLOW, LEVERAGE, GROWTH OPPORTUNITIES AND COMPANY SIZE ON WORKING CAPITAL MANAGEMENT Fajar Rakasiwi Syamsuddin
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

This study aims to determine the relationship between Cash Flow, Leverage, Growth Opportunities and Company Size on Working Capital Management as measured by the Cash Conversion Cycle. This study uses a quantitative approach with multiple regression analysis tools. Sample Using food and beverage sub-sector manufacturing companies listed on the Indonesian stock exchange. The dependent variable is working capital management proxied by the cash conversion cycle. The longer the cycle, the more funds are invested in working capital, indicating the need for additional capital. While the independent variables consist of cash flow, leverage, growth opportunities and company size. This study found that growth opportunities and debt policies had a positive and significant effect on the company's working capital management. Aggressive selling and use of debt will result in a longer cash conversion cycle for the company. This study also found that company size and cash flow had no effect on the company's working capital management.
FACTORS INFLUENCING WORK FATIGUE IN TRAIN DISPATCHER AT BANDUNG STATION Handoko Handoko; Kartini Harahap; Atik S. Kuswati; Safrudin Kurniawan; Panji Bintang Samodra
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

Train dispatcher who is absent it causes an overhaul of the service pattern; there are nine to eleven times the SPV Perka replaces Train Dispatcher in one month. This high intensity of replacement was caused by the absence of the relevant train dispatcher, as a result of the fatigue factor experienced by the officers. It can be interpreted that it is important to minimize the level of work fatigue in Train Dispatcher by paying attention to the factors that affect work fatigue, both internal and external factors. Based on these problems, the researchers seek to analyze the factors that influence work fatigue in Train Dispatcherat Bandung Station. This research uses quantitative methods with primary and secondary data sources. The data collected through a questionnaire to all relevant train dispatcher, on the Bandung station, for January-March 2022. Data processing techniques were carried out on Microsoft Excel and SPSS version 25 applications with multiple linear regression analysis and to measure the level of officer fatigue, the Subjective Self Rating Test method was used. The results of this research were 18 officers get low fatigue and 6 people moderate fatigue. Factors that affect work fatigue are age and nutritional status, with a percentage of 52.9% while the rest is influenced by other factors.
TIMELINESS OF FINANCIAL REPORTS AFFECTED BY INFORMATION TECHNOLOGY WITH THE QUALITY OF HUMAN RESOURCES AS A MODERATION VARIABLE Desi Permata Sari; Witra Maison; Siska Yulia Defitria
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

This study aims to look at the effect of information technology on the timeliness of financial reporting with the quality of human resources as a moderating variable in regency/city Bawaslu in West Sumatra. In this study the method used is the sampling technique, namely Total Sampling by distributing questionnaires. The variables in this study were information technology as the independent variable, timeliness of reporting as the dependent variable and the quality of human resources as the moderating variable. The analytical method used in this study is associative quantitative and Moderated Regression Analysis (MRA). The results of this study indicate that information technology has a positive effect on the timeliness of financial reporting, while the quality of human resources can strengthen the relationship between information technology and the timeliness of financial reporting.
ECOTOURISM DEVELOPMENT OF KERUJUK VILLAGE, NORTH LOMBOK Rosianna Sianipaar; Juliana Juliana; Rudy Pramono; Diena M.Lemy; Amelda Pramezwary
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Kerujuk Ecotourism is located in West Pemanang Village, Pemanang District, North Lombok Regency. This ecotourism was formed when the tragedy of a landslide and flood occurred in 2002. The purpose of this research is first to analyze the ecotourism potential of North Lombok Kerujuk Ecotourism. Based on the research background, the formulation of the problem used in discussing this research is as follows: 1. What is the condition of ecotourism in Kerujuk North Lombok. 2. How is the development of ecotourism in KerujukNorth Lombok. This research aims to examine the development of ecotourism in Kerujuk, North Lombok. The method used in this research is qualitative research method. The Kerujuk Ecotourism Development has the potential to be developed with the collaboration of all stakeholders. The direction of developing Kerujuk Ecotourism can be developed with community-based tourism because it already has a tourism awareness group that will initiate the development of this ecotourism. This ecotourism needs to implement ecotourism principles and the concept of community-based tourism to be more organized and benefit the community. This research must continue due to data limitations and field observation time.
DETERMINATION OF FIRM VALUE IN THE REAL ESTATE SECTOR ON THE INDONESIAN STOCK EXCHANGE Agnes Soukotta; Pandu Adi Cakranegara; Rianda Hanis; Y. Jhony Kurniawan
Jurnal Ekonomi Vol. 12 No. 02 (2023): Jurnal Ekonomi, Perode April - Juni 2023
Publisher : SEAN Institute

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Abstract

Condition The decline in Indonesia's economic growth is different from the improving condition of the real estate industry. The role of the real estate industry has increased since 2022, growing by 3.02%, supported by increased investment in certain industrial groups. This study aims to determine the internal and external factors that affect the value of real estate companies in Indonesia. Sampling by purposive sampling obtained 19 companies. This study uses multiple linear regression analysis. Found a positive and significant influence between institutional ownership, debt policy and profitability on firm value. But not with dividend policies and interest rates which have no impact on company value. The implication is that investors need to pay attention to the size of institutional ownership which indicates that the company is well managed. In addition, debt and profitability policies also need to be considered by potential investors as investment considerations. Companies that are in debt, the prospects for expanding the company tend to be high, so if they have high profits, they will have good value in the eyes of investors.

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