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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
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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 463 Documents
Analysis of Job Satisfaction in Mediating Employee Retention and Self Efficacy Towards Turnover Intention Riza Salma Syari; Ihwan Susila; Jati Wakito
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15266

Abstract

This research seeks to examine the function of job satisfaction as a mediating factor in the association between employee retention and self-efficacy with turnover intention. Employing a quantitative research design, the study utilized the Partial Least Squares-Structural Equation Modeling (PLS-SEM) technique for data analysis. A total of 256 participants were recruited through a simple random sampling procedure. The findings indicate that neither employee retention nor self-efficacy exerted a significant direct impact on turnover intention. However, both variables demonstrated a positive and statistically significant effect on job satisfaction. Furthermore, job satisfaction was found to negatively and significantly influence turnover intention, effectively mediating the relationship between employee retention and self-efficacy and employees’ intention to leave the organization. These findings confirm that job satisfaction has a significant role in suppressing employee intentions to leave the company. Future research is recommended to use mixed methods and consider external factors such as organizational commitment, job stress, and the work environment.
Building Sustainable Employee Engagement in the EPC Industry: The Role of Career Development, Organizational Justice, and Perceived Organizational Support Hendrawan, Tommy Budi; Iqbal, M. Ali
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15270

Abstract

This study examines the effects of career development and organizational justice on sustainable employee engagement, with perceived organizational support (POS) as a mediating variable. Using Social Exchange Theory, the research tested a structural model based on data from 149 permanent employees of PT Enviromate Technology International (ETI), collected via questionnaire during 2025. Data were analyzed using SmartPLS. Results show that career development directly and indirectly enhances sustainable engagement via POS, while organizational justice only exerts an indirect effect through POS. The findings highlight the strategic importance of POS in fostering long-term engagement and offer theoretical insights into HR practices within the EPC sector.
The Influence of IT, Regulation, and SDG on the Quality of LSK Operations through BPI Desita Budiharsanti; Tukhas Shilul Imaroh
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15287

Abstract

This study aims to examine the influence of Information Technology Implementation, Regulatory Compliance, and Commitment to Sustainable Development Goals (SDGs) on Operational Quality, with a particular focus on the mediating role of Business Process Improvement (BPI). The research is motivated by the operational inefficiencies observed in certification bodies amid increasing demands for digitalization, regulatory adherence, and sustainability integration. A quantitative approach was adopted, utilizing Partial Least Squares Structural Equation Modeling (PLS-SEM) for data analysis. Data were collected through a structured survey distributed to internal stakeholders at PT XYZ, a certification organization, and analyzed using SmartPLS 4.0. The findings reveal that all three independent variables—information technology implementation, regulatory compliance, and SDG commitment—positively and significantly influence operational quality. Moreover, Business Process Improvement is found to partially mediate the relationship between each independent variable and operational quality. These results reinforce the theoretical perspective that technology, compliance, and sustainability initiatives yield optimal impact when translated into systematic process improvement efforts. The study highlights the strategic role of BPI as a mechanism that bridges organizational strategy with operational execution. It is recommended that organizations not only invest in digital systems and regulatory alignment but also redesign internal processes to holistically meet performance, efficiency, and sustainability goals.
The Reaction of the LQ45 Stock Market Listed on the Indonesia Stock Exchange to the Results of the Presidential and Vice Presidential Elections and the Factors Influencing Them Alifah Nur Hanifati; Augustina Kurniasih
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15288

Abstract

The capital market plays an important role in the global economy as an indicator of economic stability and as a means of raising funds through investment. This study aims to examine the reaction of the Indonesian capital market to the announcement of the 2024 presidential and vice-presidential election results released by the General Elections Commission on March 20, 2024, as well as the factors influencing this reaction. The research focuses on companies listed in the LQ45 index on the Indonesia Stock Exchange (IDX). This study employs two approaches: event study and causality. The event study is conducted to determine whether there is a capital market reaction by observing abnormal return (AR) and abnormal trading volume activity (ATVA) within an 11-day event window, covering 5 days before the event, the event day itself, and 5 days after the event. Meanwhile, the causality approach is used to explore the factors affecting AR and ATVA by examining the influence of Return on Equity (ROE) and firm size on the observed AR and ATVA. The findings indicate that the event did not generate significant abnormal return (AR) or abnormal trading volume activity (ATVA) during the 11-day period. Furthermore, profitability did not have a significant effect on either AR or ATVA. In contrast, firm size significantly influenced AR and ATVA, albeit in different directions. Firm size had a positive and significant effect on AR, but a negative and significant effect on ATVA.
Analysis of the Role of Attitude as a Mediating Variable in the Influence of Perceived Behavior Control, Subjective Norm, Religiosity and Trust on the Intention to Waqf Cash in the Clean Water Project at the Al-Quran Waqf Agency (BWA) Eri Hartati Adi; Syafrizal Chan
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15290

Abstract

This study was conducted to analyze the role of attitude as a mediating variable in the influence of perceived behavioral control, subjective norm, religiosity, and trust on the intention to donate cash waqf for a clean water project at the Badan Wakaf Al-Qur'an (BWA. The sample measurement in this study uses Simple Random Sampling technique. The approach used is Structural Equation Modeling (SEM) based on Partial Least Square (PLS) 4.0. The results showed that Attitude, Perceived Behavioral Control, and Trust have a positive and significant effect on Intention to Endow money in Clean Water Projects. Subjective Norm and Religiosity do not have a significant direct effect on Intention. However, Attitude is proven to positively and significantly mediate the relationship between Subjective Norm, Religiosity, and Trust on Intention. This finding is expected to be a reference for waqf institutions and related parties in developing more effective communication strategies to encourage cash waqf participation, especially in supporting social projects such as clean water provision.
Factors Influencing Purchase Intention Through Tokopedia Dewi Untari Ratna Ningsih; Dipa Mulia
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15291

Abstract

This study investigates factors influencing purchase intention on Tokopedia, focusing on brand image, e-service quality, online customer reviews/ratings, and the mediating role of e-trust. Using a quantitative method with PLS-SEM, data from 203 Tokopedia users were analyzed. Results show that brand image and online reviews/ratings do not directly affect purchase intention, while e-service quality has a significant positive impact. Brand image does not significantly influence e-trust, and e-trust itself does not significantly affect purchase intention. E-trust does not mediate the effects of brand image or e-service quality on purchase intention but significantly mediates the relationship between online reviews/ratings and purchase intention. These findings highlight the importance of service quality and credible customer reviews/rating in enhancing purchase intention.
Sustainable Agriculture Purchase Intention: The Moderating Role of Government Support in Farmers’ Adoption of Green Product, Pheromone Mating Disruption for Rice Cultivation in Karawang Maulana Marman; Adi Nurmahdi
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15295

Abstract

Advancing sustainable agriculture requires farmer adoption of eco-friendly innovations such as pheromone mating disruption. This study analyzes how perceived benefit, perceived ease of use, and subjective norms shape farmers’ green purchase intention, with government support as a moderator. Survey data from 211 rice farmers in Karawang were examined using SEM-PLS (SmartPLS 4.0). All three factors significantly increased purchase intention. Government support amplified the perceived benefit effect, diminished the ease of use impact, and did not influence subjective norms. By integrating TAM and TPB, this research offers rare empirical evidence from Indonesia’s agricultural sector, highlighting the nuanced institutional role in the technology adoption of pheromone mating disruption. Findings inform targeted policy and marketing strategies for sustainable agriculture promotion.
Analysis of the Influence of Environmental Concern and Perceived Value on The Purchase Intention of Electric Cars with TPB Mediation Among Generation Y In Jakarta M.Jimmy Hadi Wijaya; Didik J. Rachbini; Agus Herta Sumarto
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15299

Abstract

This study aims to analyze the influence of Environmental Concern and Perceived Value on Purchase Intention, mediated by Subjective Norm, Attitude, and Perceived Behavioral Control. The study population consists of Generation Y individuals in Jakarta, with a total sample of 385 respondents determined using Cochran's formula. The sampling technique used was purposive sampling mixed with Snowball Sampling, and data were collected through an online questionnaire distributed via Google Form. The results show that Environmental Concern has a positive and significant effect on Subjective Norm, Attitude, Perceived Behavioral Control, and Purchase Intention. All three mediating variables partially mediate the relationship between Environmental Concern and Purchase Intention. In addition, Subjective Norm, Attitude, and Perceived Behavioral Control each have a positive and significant effect on Purchase Intention. Perceived Value also positively affects Attitude and Purchase Intention, with Attitude acting as a partial mediator. All forms of mediation identified in this study are classified as partial mediation. These findings indicate that Generation Y’s intention to purchase electric vehicles in Jakarta is influenced not only by environmental concern and perceived product value, but also significantly shaped by Subjective Norm, Attitude, and Perceived Behavioral Control in the Purchase Intention to electric vehicles.
Analysis of Byd’s Market-Seeking Fdi Strategy in the Thai Electric Vehicle Industry: An Eclectic Paradigm Perspective Kalila Calya Maheswari; Resa Rasyidah
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15313

Abstract

This study analyzes BYD's market-seeking Foreign Direct Investment (FDI) orientation in the Thai electric vehicle industry using the Eclectic Paradigm (Ownership, Location, Internalization/OLI) framework. The study's contribution is to provide insights for policymakers, industry players, and the public regarding the role of FDI in driving economic growth, technology transfer, and sustainable transportation transitions. The method used is a qualitative descriptive analysis based on official government data, industry reports, company publications, and scientific journals, with a research scope from 2021 to 2025. The results indicate that BYD's investment is driven by Thailand's EV market potential, government incentives, its strategic position in ASEAN, and its mastery of battery and e-axle technologies. The research implications emphasize the importance of targeted policies to attract high-quality FDI.
The Influence of Website Quality, Service Quality, and Price Perception on Repurchase Intention Mediated by Customer Satisfaction at PT Meratus Line Annisa Nursoleha; Didik Junaedi Rachbini; Sugiyono
Indonesian Journal of Business Analytics Vol. 5 No. 4 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i4.15326

Abstract

This study investigates how customer satisfaction at PT Meratus Line mediates the effects of price perception, service quality, and website quality on repurchase intention. Customers are given questionnaires as part of the study's quantitative methodology, which uses partial least squares analysis. 105 participants completed the survey, and the respondents are patrons of the Jakarta branch of PT Meratus Line. SEM-PLS data analysis demonstrates that consumer happiness is positively and significantly impacted by website quality. Customer satisfaction is then positively and significantly impacted by both price perception and service quality. Repurchase intention is favorably and considerably influenced by customer satisfaction. Additionally, the relationship between price perception and repurchase intention and service quality is mediated by customer satisfaction, but website quality has no discernible impact.