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GENESIS SEMBIRING DEPARI
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INDONESIA
Indonesian Journal of Business Analytics (IJBA)
Published by PT FORMOSA CENDEKIA GLOBAL
ISSN : -     EISSN : 28080718     DOI : https://doi.org/10.55927/ijba.v2i1
Core Subject : Economy, Science,
Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
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.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 493 Documents
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Wooden Furniture Trade in Ethiopia: Current Conditions and Future Prospects Kassaye, Tensaye Abate; Abebe, Mister; Ferede, Alemtsehaye
Indonesian Journal of Business Analytics Vol. 5 No. 5 (2025): October 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i5.15108

Abstract

Demand for wooden furniture in Ethiopia is rapidly increasing due to population growth, urbanization, and economic development. This demand is met through both local production and imports, yet limited information exists on the sector’s trade dynamics. This study assessed the status and trends of Ethiopia’s wooden furniture import-export market using data from the Ethiopian Customs Commission (2009–2020). Descriptive statistics and the ARIMA model in STATA were applied. Results show average annual imports and exports of 12,650.9 and 429.8 tonnes, respectively. Ethiopia spent an average of US$ 22.6 million on imports while earning only US$ 1.7 million from exports, indicating a trade deficit. By 2040, import costs are projected to rise to US$ 29.2 million. However, with proper investment and policy focus, local wooden furniture production can boost national revenue and reduce import dependency. Thus, expanding domestic wooden furniture manufacturing is vital to meet future demand and support economic growth.
Motivation and Reward Analysis of Muay Thai Athletes from the DKI Jakarta Regional Training Center Who Won Medals at the 21st PON Aceh – North Sumatra 2024 Dia Putri Ananda Lubay; Setyo Riyanto
Indonesian Journal of Business Analytics Vol. 5 No. 5 (2025): October 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i5.15344

Abstract

This study aims to analyze the dynamics of motivation and rewards for Jakarta Regional Training (Pelatda) Muay Thai athletes who won medals at PON XXI Aceh-North Sumatra 2024. Athletic performance depends not only on physical and technical abilities but is also influenced by psychological factors including motivation and reward systems. The research employed a qualitative approach with case study design, involving four informants representing all medal-winning athletes (1 silver, 2 bronze) through total sampling technique. Findings reveal the dominance of intrinsic motivation (77%) over extrinsic motivation (23%), with consistency and motivation maintenance strategies as the most critical aspects. Results validate Self-Determination Theory in the Indonesian athlete context and support Achievement Goal Theory with task orientation dominance complemented by ego orientation in national competitions. Jakarta’s reward system successfully creates a supporting environment that fulfills athletes’ autonomy, competence, and relatedness needs. Recommendations include optimizing intrinsic rewards through self-development programs, enhancing more competitive extrinsic reward systems, strengthening performance supporting factors, and developing sustainable reward policies focused on long-term development processes. Further research is recommended using longitudinal and mixed-method approaches with sample expansion to other martial arts sports.
The Role of Factors of Social Responsibility in Organizational Environmental Sustainability / A Descriptive and Analytical Study of The Opinions of a Sample of Employees at Accounting Firms in Iraq Kifah Sami Hussein
Indonesian Journal of Business Analytics Vol. 5 No. 5 (2025): October 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i5.15653

Abstract

This research seeks to diagnose the role of social responsibility in environmental sustainability at Accounting firms in Iraq. The research concluded that social responsibility has a significant impact on achieving environmental sustainability. This study examines the close relationship between Corporate Social Responsibility (CSR) and Sustainable Development (SD), where social responsibility plays a crucial role in promoting the economic, social, and environmental dimensions of sustainable development. The findings indicate that integrating CSR practices with sustainable development strategies contributes to achieving a balance between the interests of companies, society, and the environment, and enhances the long-term sustainability of development. The study also addresses the impact of government policies and stakeholder expectations on shaping the sustainable performance of companies.
Driving Sustainable Business Transformation through Young Professionals: The SDG Innovation Accelerator 2025 in Indonesia Ririn Breliastiti; Steven Lazaurus Alfianus
Indonesian Journal of Business Analytics Vol. 5 No. 6 (2025): December 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i6.15652

Abstract

The Sustainable Development Goals (SDGs) provide a global roadmap for coordinated solutions across social, environmental, and economic domains. This study analyzes the 2025 SDG Innovation Accelerator (SDGI) in Indonesia, organized by the Indonesia Global Compact Network and BRIN, which engaged 94 young professionals from 20 companies to generate SDG-aligned innovations. Using a descriptive qualitative approach and secondary data, the study highlights the case of PT Singaland Asetama’s award-winning 'Green Carbon Black' and projects other plausible outcomes. Findings emphasize the role of multi-stakeholder collaboration, capacity building, and global exposure in fostering sustainability-oriented innovation, with implications for policy, corporate practice, and future accelerator design.
Transformational Leadership in Smart Village Governance: Empirical Evidence from the Bangka Belitung Islands Province Jhon Hendri; Harlis Setiyowati
Indonesian Journal of Business Analytics Vol. 5 No. 6 (2025): December 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i6.15674

Abstract

This study aims to analyze the role of village heads' transformational leadership in promoting smart village governance through the digitalization of public services in the Bangka Belitung Islands Province. The research approach employed a descriptive qualitative approach, employing data analysis techniques modeled by Miles and Huberman (1994), through the stages of data reduction, data presentation, and conclusion drawing. Seven informants, consisting of village heads, village officials, and community members, were purposively selected to explore their direct experiences related to the implementation of digital systems at the village level. The results indicate that transformational leadership plays a crucial role in fostering motivation, innovation, and participation of village officials in the digitalization of public services. Four key dimensions—idealized influence, inspirational motivation, intellectual stimulation, and individual attention—shape collaborative and change-oriented work behavior. Digitalization contributes to increased transparency, accountability, and effectiveness of village governance, while strengthening public trust in the government. This study concludes that the success of smart village governance is determined not only by technology but also by the quality of transformational leadership, which is capable of driving social, ethical, and work culture change toward an adaptive, transparent, and sustainable village government.
Analysis of LQ45 Stock Trading Volume and Stock Return in 2019 Pre and Post Election Tubagus Fauzan; Lely Fera Triani; Ali Muktiyanto
Indonesian Journal of Business Analytics Vol. 5 No. 6 (2025): December 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i6.15681

Abstract

The global era can quickly grow the economy stretch in a country, one of which is the investment climate that is currently growing, especially in Indonesia. Capital markets have an important role in economic life, especially in the process of allocating public funds. Political events become a source of information absorbed by capital market actors, then used by actors as a basis for obtaining future profits. The objectives of this study were to analyze the conditions of Trading Volume Activity, and Abnormal Return on LQ 45 Companies in Before and After the 2019 ELECTION Event. The variables used in this study consisted of 2 variables namely Trading Volume Activity, and Abnormal Return. The test tool used in this study is the analysis of 2 dependent variables with the Wilcoxon Signed Rank Test using the Statistical analysis package Package for the Social Sciences version 21.0. Data comes from 45 companies registered in LQ 45, the period 5 days before and 5 after the 2019 ELECTION event. The results showed that there were differences in Trading Volume Activity in LQ45 companies, and there was no Abnormal Return difference between the two testing times.
Implementation of the 7P MIX Marketing Strategy in Iwabeka Cafe Services to Increase Competitiveness Salsa Rahmawati Saputri; Hilwa Rohmahdiniyah Nur Azizah; Sudarmiatin; Wening Patmi Rahayu
Indonesian Journal of Business Analytics Vol. 5 No. 6 (2025): December 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i6.15785

Abstract

Globalization drives major changes in the business environment, so companies need to implement adaptive and customer-oriented strategies. In the service industry, success is greatly influenced by an effective service strategy through the 7P Marketing Mix concept, which emphasizes the importance of service quality, human resources, and physical evidence in building customer satisfaction and loyalty. This study analyzes the application of the 7P marketing mix in Iwabeka Coffee & Eatery services in Malang City and its impact on business competitiveness. The method used is descriptive qualitative through in-depth interviews and observations. The results of the study indicate that the 7P marketing mix plays an important role in increasing competitiveness and creating sustainable competitive advantages for cafes.
Analysis of User Experience and Perceived Value as the Basis for Enhancing User Loyalty Through User Satisfaction among Skill Academy Users in Jakarta, Indonesia Mokhamad Wildan Marzuqon; Putu Nina Madiawati; Yogi Suprayogi
Indonesian Journal of Business Analytics Vol. 5 No. 6 (2025): December 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i6.15824

Abstract

This study investigates the influence of Perceived Value (PV) and User Experience (UE) on User Loyalty (UL), mediated by User Satisfaction (US), within the competitive Jakarta MOOC market. Utilizing PLS-SEM on cross-sectional data from 150 Skill Academy users, the research tested the structural model. The results confirm that PV and UE significantly and positively affect UL via direct effects, with PV being the strongest predictor. Crucially, the study finds that User Satisfaction does not significantly predict or mediate loyalty, confirming a breakdown in the affective chain and highlighting the dominance of calculative commitment in this sector. This research contributes by challenging the traditional assumption that satisfaction precedes loyalty in utilitarian digital environments. The implication is that retention strategies must prioritize maximizing utilitarian value and technical functionality, rather than subjective contentment.
Hybrid Work Culture and its Impact on Employee Well-Being: A Conceptual Analysis Cahyaning Haswari; Gusti Ayu Desy Dwi Cahyani; Ni Luh Putu Widyani Puspitawat; Santi Nururly
Indonesian Journal of Business Analytics Vol. 5 No. 6 (2025): December 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i6.15865

Abstract

Technological developments and changes in post-pandemic work patterns have encouraged organizations to adopt a hybrid work culture that combines remote and in-office work. This article is a conceptual analysis that aims to explain how a hybrid work culture affects employee well-being through the integration of various theoretical foundations, such as Job Demands–Resources Theory, Work–Life Balance Theory, Boundary Theory, and Organizational Support Theory. Findings from various studies indicate that a hybrid work culture provides benefits in the form of flexibility, autonomy, reduced commuting time, and increased work-family integration. However, this work model also presents challenges such as technostress, social isolation, role boundary blurring, and workload intensification. This article synthesizes Q1–Q4 journals to develop a conceptual understanding of the mechanisms by which hybrid work influences psychological, social, and occupational well-being. This analysis identifies three main pathways: (1) the dynamics of job demands and job resources, (2) the interaction of the Work–Life Balance and Boundary Management Pathway, and (3) the Organizational Support Pathway. The article concludes with theoretical implications, practical implications, and a future research agenda.
Sustainable Strategic Management: Integrating Esg Into Organizational Strategy - A Systematic Literature Review Uswatun Hasanah; Ni Wayan Yuliarthi; Tito Pramudya Wahyu P; Santi Nururly
Indonesian Journal of Business Analytics Vol. 5 No. 6 (2025): December 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v5i6.15866

Abstract

This systematic literature review examines how Environmental, Social, and Governance (ESG) principles are integrated into organizational strategy within the broader framework of sustainable strategic management. Drawing on peer-reviewed studies published between 2015 and 2024, this review synthesises theoretical developments, managerial practices, and empirical findings related to ESG-driven strategic transformation. The results highlight three major themes: (1) the shift from traditional profit-centred strategies to purpose-driven and stakeholder-oriented frameworks; (2) the increasing role of ESG metrics in decision-making, performance evaluation, and long-term value creation; and (3) the organizational capabilities required to embed sustainability principles, including leadership commitment, cross-functional collaboration, and transparent reporting. The review also identifies gaps in the current research, particularly regarding the standardisation of ESG measurement, the integration of digital technologies in sustainability governance, and the varying impacts of ESG adoption across industries and regions. These insights contribute to a deeper understanding of how organisations can strategically align ESG initiatives with their competitive advantages and sustainable development goals.

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