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Contact Name
GENESIS SEMBIRING DEPARI
Contact Email
genesissembiring@gmail.com
Phone
+6285359562521
Journal Mail Official
admin@formosapublisher.org
Editorial Address
Jl. Ir Juanda No 56b, Medan
Location
Unknown,
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INDONESIA
Indonesian Journal of Business Analytics (IJBA)
ISSN : -     EISSN : 28080718     DOI : https://doi.org/10.55927/ijba.v2i1
Core Subject : Economy, Science,
Indonesian Journal of Business Analytics (IJBA) is a peer-reviewed journal providing a space for both practitioners and academics for disseminating research results that work in Business Analytics and related fields. IJBA provides an outlet for the increasing flow of interdisciplinary research cutting across business, business data mining, predictive analytics, descriptive analytics, prescriptive analytics, Quantitative business method, management, finance, information system, accounting, Entrepreneurship, Business ethics, Sustainability, Knowledge Management, Learning Organization and economics disciplines. It is an essential reading for academics, graduate students, policy makers and business practitioners. IJBA publishes articles twice in a year on April and October.
Articles 493 Documents
The Influence of Current Ratio, Debt to Asset Ratio and Operating Profit Margin on Return on Assets Empirical Study of Financial Performance at Mitra Niaga Mandiri Cooperative Anugrah Cahya Putra; Galih Tri Ramdan; Benny Dhevyanto; Krisdiana
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14113

Abstract

Financial performance analysis requires indicators such as the Current Ratio (CR), Debt to Asset Ratio (DAR), and Operating Profit Margin (OPM), which are important tools for companies, including cooperatives. The CR measures a cooperative’s ability to meet its short-term obligations using its current assets. The purpose of this study is to analyze the influence of the Current Ratio (CR), Debt to Asset Ratio (DAR), and Operating Profit Margin (OPM) on Return on Assets (ROA) at Koperasi Mitra Niaga Mandiri Indonesia during the 2019–2024 period. The method used is multiple linear regression with a quantitative approach to evaluate the relationship of these variables both partially and simultaneously on the financial performance of the cooperative. The research data is based on the annual financial reports of 25 cooperative branches that have been operating since 2019. The results of the study indicate that the Current Ratio (CR) and Operating Profit Margin (OPM) have a significant influence on ROA, while the Debt to Asset Ratio (DAR) shows a varying impact depending on the funding structure of each branch. This study contributes theoretically to the cooperative finance literature and provides practical recommendations for cooperative management in optimizing financial resources to improve profitability and operational stability.
The Influence of Price and Product Quality on Consumer Satisfaction on Oppo Smartphones on Shopee Dani Akbar Maulana; Haikal Musyaffa; Yusuf; Tiara Mushiarsih
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14211

Abstract

This study aims to analyze the influence of price and product quality on consumer satisfaction with Oppo smartphones on Shopee. The research method used is quantitative, with data collected through questionnaires distributed to university students in Cirebon. The data was analyzed using multiple linear regression with the assistance of SPSS software. The results of the study indicate that both price and product quality significantly influence consumer satisfaction, both partially and simultaneously. Partially, price has a greater influence than product quality. The coefficient of determination (R²) value of 0.255 indicates that 25.5% of the variation in consumer satisfaction can be explained by price and product quality, while the remaining variation is influenced by other factors. The conclusion of this study emphasizes the importance of competitive pricing strategies and product quality improvements to enhance consumer satisfaction with Oppo smartphones on Shopee.
Key Determinants of Corporate Investment Efficiency Wisnantiasri, Sila Ninin; Widiastuti, Yeni; Dwirini
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14219

Abstract

The efficient allocation of capital to value-enhancing investment is a crucial concern of accounting finance practices. Over the past decades, a growing body of research has studied the factors of investment efficiency, yet a comprehensive synthesis remains limited. This study employs the Kitchenham systematic literature review methodology and citation analysis. By analyzing 65 peer-reviewed articles from the Scopus database that addressed investment efficiency, we identify eight major determinants depending on the method and contextual setting employed: financial reporting and accounting quality, corporate governance and CSR, government intervention and policy, ownership structure, industry and sector-specific, international and emerging markets, and methodological approaches and theoretical advancements. It contributes a more comprehensive understanding of the mechanism driving investment efficiency and optimizing capital allocation.
Analysis of Financial Performance Reports on PT Energi Mega Persada for the Period 2015-2024 Reky Naldo; Fadhil Fadlurrahman; Nurhana Dhea Parlina
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14243

Abstract

Indonesia, rich in natural resources, relies heavily on the oil and gas sector for state revenue and regional economic growth. PT Energi Mega Persada Tbk, an upstream oil and gas company listed on the Indonesia Stock Exchange, needs to present accurate financial reports to support decision making and maximize profits. This study analyzes the company's financial performance using liquidity, profitability, activity, and solvency ratios through a qualitative descriptive approach. Data is taken from the company's secondary financial statements. The analysis results show significant fluctuations, such as the lowest current ratio of 0.34 in 2018 and the highest of 1.13 in 2024, as well as the Debt to Asset Ratio which reached 107% in 2016-2017. Activity and profitability ratios show low efficiency and profitability. These findings highlight the ongoing financial challenges faced by the company, including liquidity pressures, high debt levels, and inefficient asset management.
Comparative Analysis of the Efficiency of Sharia and Conventional Life Insurance Industries in Indonesia Jannara Dewaji; Khusnudin
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14244

Abstract

This study compares the efficiency of sharia and conventional life insurance in Indonesia using data envelopment analysis (DEA). Annual financial data from 24 sharia life insurance companies and 17 conventional life insurance companies for the period 2019–2023 were analyzed using the CRS, VRS, and SE approaches using MAX DEA 8 and Microsoft Excel. The results showed that based on the CRS and SE methods, 14 sharia life insurance companies and 6 conventional life insurance companies were efficient for five consecutive years. Meanwhile, based on the VRS method, there were 15 sharia life insurance companies and 9 conventional life insurance companies that were efficient in the same period. The main factors causing inefficiency are liabilities and operational expenses. This study emphasizes the importance of efficiency analysis in the life insurance industry to improve sustainability, support economic growth, and community welfare.
The Influence of Occupational Safety and Health and the Application of Transactional Leadership on Employee Performance Through Work Discipline at PT Wira Duta Fiberglass Robert Sanjaya Sembiring; Prihatin Lumbanraja; Yeni Absah
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14245

Abstract

The manufacturing industry often involves work with a high risk of work accidents and employees tend to be followers or workers who only follow the direction of the leadership and standard operating procedures from the company. This study aims to analyse the effect of occupational safety and health and the application of transactional leadership on employee performance through work discipline at PT Wira Duta Fiberglass. This study reveals that the factor that has the most positive and significant effect on employee performance is occupational safety and health, and the factor that has the most positive and significant effect on work discipline is transactional leadership, transactional leadership has a positive and significant effect on employee performance, occupational safety and health has a positive and insignificant effect on work discipline, work discipline has a positive and significant effect on employee performance, occupational safety and health has a positive and insignificant effect on employee performance through work discipline, and transactional leadership has a positive and significant effect on employee performance through work discipline.
The Influence of Work Attitude and Work Environment on the Performance of Educational Staff Through Job Satisfaction At Catholic University of Saint Thomas North Sumatera Theresa Sisilia Situmorang; Prihatin Lumbanraja; Beby Karina Fawzeea Sembiring
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14246

Abstract

This research aims to determine and analyze the influence of work attitude and work environment on performance through job satisfaction. This research is associative and the type of data used is quantitative data. The population in this study consists of permanent educational staff at Universitas Katolik Santo Thomas. The number of samples in this study is 91 educational staff. The sampling technique used is saturated sampling. The data analysis used is Structural Equation Modeling. The results of this study indicate that work attitude and work environment have a direct, positive, and significant impact on job satisfaction and performance of the educational staff at Universitas Katolik Santo Thomas.
Takaful (Islamic) insurance and its marketability in the Iraqi insurance market: A future study applied in the Iraqi insurance market. Ismail Mahmoud, Basheer
Indonesian Journal of Business Analytics Vol. 5 No. 3 (2025): June 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i3.14254

Abstract

The insurance sector is one of the largest financial resources that provide the capital funds needed by the economy from the accumulated premiums, beside the banking sector. Therefore, the current study aimed to study the reality of this sector to identify opportunities for developing insurance services. Where we discussed the possibility of applying Takaful insurance in the Iraqi insurance market, According to the basic assumption that there is an opportunity to implement Takaful services in the Iraqi insurance market. The current study reached a number of conclusions, one of which is that Takaful insurance is compatible with the aspirations of Muslim consumers because it works in accordance with Islamic Sharia compared to commercial insurance. At the end the present research provides couples of recommendations one of it was Takaful insurance keeps pace with the needs of insurance customers in Iraq because customers are greatly affected by the religious factor, which is considered one of the biggest factors that affect the spread of commercial insurance services.
The Effect of Non-Physical Work Environment, nd Extrinsic Motivation On Performance Through Job Satisfaction, and Attendance as an Intervening Variable at the Santo Thomas Catholic University Medan Yohana Mutiara; Ritha F Dalimunte; R. Hamdani Harahap
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14277

Abstract

This research originates from the necessity to explore various factors that affect the performance of educational personnel, with a specific focus on the Catholic University of Saint Thomas. Despite the influence of the physical work environment, other factors—namely the non-physical work environment, extrinsic motivation, job satisfaction, as well as attendance—play a significant role in shaping employee performance. This study uses a quantitative approach by applying a saturation sampling technique, where all members of the population are made into a research sample. Thus, a total of 91 educational personnel were involved as respondents. Data collection is done through questionnaires, interviews, as well as document analysis. The data obtained is then analyzed using SmartPLS 3 software, with path analysis as the main analysis technique. The results of this study show that the non-physical work environment has a positive as well as significant impact on the performance, attendance, as well as job satisfaction of educational personnel. In addition, extrinsic motivation is proven to have a positive as well as significant impact on employee performance as well as job satisfaction. This study also reveals that job satisfaction has a positive as well as significant impact on the attendance of work as well as the performance of educational personnel. Furthermore, employee attendance plays a role as a mediation variable in the relationship between job satisfaction as well as performance, while job satisfaction acts as a mediator in the relationship between extrinsic motivation as well as the performance of educational personnel.
The Influence of Work-Life Balance and Organizational Culture on Employee Performance at PT. Hi-Lex Cirebon Tasyana; Rahma, Indah Athifa; Syahroni, Bachrudin; Moh. Yudi Mahadianto
Indonesian Journal of Business Analytics Vol. 5 No. 2 (2025): April 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i2.14301

Abstract

This research explores the impact of work-life balance and organizational culture on employee performance at PT. Hi-Lex Cirebon. The study is driven by ongoing challenges in the manufacturing industry, where employees are frequently subjected to intense workloads and extended working hours, which may disrupt the equilibrium between their professional and personal lives. Additionally, a workplace culture that lacks support can diminish motivation and reduce productivity. As such, this research investigates the combined effect of work-life balance and organizational culture on job performance. Utilizing a quantitative method with an explanatory research design, the study applies Structural Equation Modeling (SEM) through Partial Least Squares (PLS) for data analysis. The results indicate that both work-life balance and organizational culture contribute positively and significantly to employee performance. These findings underscore the necessity for organizations to cultivate a work environment that supports both personal and professional well-being while reinforcing strong cultural values to boost employee performance and satisfaction.