cover
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,
Unknown
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 534 Documents
Analysis of Transparency, Accountability, and Corporate Governance on Financial Performance in Digital Companies Octojaya Abriyoso; Dodi Siswanto; Samsidar; Rihfenti Ernayani; Musran Munizu
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16460

Abstract

The development of financial performance in the digital company sector over the past decade reflects a highly dynamic transformation from an aggressive growth phase to a more stable profitability phase. In the early stages of growth, digital companies tended to prioritize market expansion and massive user acquisition, often recording negative operating cash flow in order to build a dominant ecosystem. The purpose of this study is to analyze the influence of transparency, accountability, and corporate governance on financial performance in digital companies. This research is a comparative causal study with a quantitative approach. The population of this study was digital companies listed on the Indonesia Stock Exchange during the reporting years 2020 to 2025, with criteria including technology issuers, data centers, and digital banks. The sampling technique used was purposive sampling. Based on predetermined criteria, the sample in this study was 15 digital companies. This research analysis uses multiple linear regression analysis. The results show that transparency has a significant effect on financial performance in digital companies. Accountability has a significant effect on financial performance in digital companies. Corporate governance has a significant effect on financial performance in digital companies.
Human Resource Transformation Opportunities Towards a Golden Indonesia 2045 Nurhasanah; Sugeng Karyadi; Betty Rahayu; Nirmadarningsih Hiya; Eka Kurnia Saputra
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16461

Abstract

Human resource transformation is the most crucial pillar in realizing the vision of Golden Indonesia 2045, as this momentum coincides with the peak of the demographic bonus, which must be converted into a competitive advantage on a global scale. The purpose of this study is to provide an explanation of human resource transformation opportunities towards a Golden Indonesia 2045. This research is presented using a qualitative and descriptive approach. These qualitative and descriptive approaches are supported by secondary data such as books and journals. The results show that human resource transformation is the first pillar of the Golden Indonesia 2045 vision. With the goal of becoming one of the world's five largest economic powers, Indonesia can no longer rely solely on natural resources but must shift to an innovation and knowledge based economy. These opportunities include leveraging the demographic bonus, digital transformation and the gig economy, industrial downstreaming and the absorption of specialized labor, and reform of the education and vocational systems.
Human Resource Development to Strengthen Competitiveness in the Global Digital Market Era Dian Arisanti; Kevin Indajang; Ayunda Fatmasari; Muhamad Risal Tawil; Eka Kurnia Saputra
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16462

Abstract

Human resource development is a key pillar in a country's economic transformation. In today's digital and knowledge-based economy, human resources are no longer simply production factors like machines or land, but rather strategic assets that determine global competitiveness. In the digital world, competitive advantage no longer lies in the ownership of physical assets, but rather in data mastery, creativity in problem-solving, and the ability to build trust with consumers worldwide. Human involvement in the global digital market also includes a strategic role in navigating the complexities of varying cultures and regulations in each country. This study aims to provide an analysis of human resource development to strengthen competitiveness in the global digital market era. This analysis uses a qualitative approach from the perspective of a human resources expert. The research findings demonstrate Dave Ulrich and Josh Bersin's understanding that a paradigm shift in human resource management in the global digital market era is no longer merely an option, but a necessity for survival. In the global digital market, the competitiveness of a nation or company is no longer determined by the possession of natural resources, but by the quality of its human capital.
The Effect of Financial Literacy and Digital Literacy on Employee Performance at PT XYZ, Tangerang City Hanggono Arie Prabowo
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16465

Abstract

This study examines how financial literacy and digital literacy affect employee performance at PT XYZ in Kota Tangerang, addressing gaps on combined literacy impacts and managerial mediation. Using a quantitative explanatory design, financial literacy (X1) and digital literacy (X2) were tested as predictors of employee performance (Y) via multiple linear regression in SPSS 22. A purposive sample of 48 employees provided data collected March–June 2023. Assumption tests supported parametric analysis. The model explained 67.1% of performance variance (R2 = 0.671), with both literacies showing positive relationships with employee performance. Findings imply that integrated capacity-building in financial and digital skills—paired with managerial development and digital adoption strategies—can substantially improve individual and organizational outcomes in Tangerang’s competitive MSME context.
The Influence of Foreign Investment, Domestic Investment, and District Minimum Wages on Regional Original Income in Bali Province Bagas Nurdianto; Wenny Restikasari
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16475

Abstract

This study aims to analyze the effect of Foreign Direct Investment (FDI), Domestic Investment (DI), and Regency/Municipal Minimum Wages on Regional Original Revenue (ROR) in Bali Province. ROR is an important indicator of regional fiscal independence, which is influenced by various economic factors, particularly investment and labor market conditions. This study uses secondary data consisting of FDI, DI, minimum wages, and ROR across regencies/municipalities in Bali Province during the period 2020–2024, obtained from the Central Bureau of Statistics and relevant institutions. The analytical method employed is panel data regression using the Fixed Effect Model (FEM), which was selected based on the Chow test and Hausman test results. The findings indicate that, partially, FDI and minimum wages have a positive and significant effect on ROR, while domestic investment does not have a significant effect. Simultaneously, FDI, domestic investment, and minimum wages significantly affect Regional Original Revenue in Bali Province. These results suggest that foreign investment and wage policies play an important role in strengthening regional fiscal capacity through increased economic activity and purchasing power. Therefore, local governments are expected to promote a conducive environment for foreign investment and implement balanced wage policies to sustainably enhance Regional Original Revenue.
The Influence of Competency, Communication, and Work Ethic on Employee Effectiveness at the North Sumatera Governor's Office (Case study at the North Sumatra Governor's Office) Kristiani Simangunsong; Andre Fitriano; Vinta Hotma Rotua Manullang; Henny Pratiwi
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16494

Abstract

This investigation purposes to analyze the influence of competence, communication, and work ethic on employee effectiveness at the Governor’s Office of North Sumatra. The background of this research is based on the importance of human resource quality in achieving organizational goals, particularly in the public sector which requires effective and efficient public services. The study employed a quantitative approach by involving all administrative employees as respondents, and the data were analyzed utilizing multiple linear regression. The outcomes reveal that competence, communication, and work ethic each have a positive and significant impact on work effectiveness, both partially and simultaneously. This indicates that employee effectiveness is strongly affected by skills, knowledge, clear communication patterns, and a strong work ethic. These findings imply that management needs to prioritize competence development, establish effective communication, and foster a high work ethic to achieve optimal employee effectiveness
A Study of Culinary Business Marketing Strategies Using Influencers Amidst Weakening Consumer Purchasing Power Luckhy Natalia Anastasye Lotte; Silvia Ekasari; Dadang Suhardi; Susanto; Halim Dwi Putra
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16463

Abstract

The culinary business economy operates within a highly complex environment where operational efficiency meets constantly evolving consumer psychology. A closer look reveals that the sector's economic foundation lies in managing production costs, which are highly sensitive to changes in fiscal policy and volatility in upstream food commodity prices.  The purpose of this study is to provide a study of culinary business marketing strategies using influencers amidst weakening consumer purchasing power. This research uses a qualitative approach in the form of a strategic study. This study is supported by secondary data such as books, journals, and related sources. The results of this study indicate that marketing strategies using influencers amidst weakening consumer purchasing power require a paradigm shift from simply creating desire to justifying spending on culinary businesses. Today's consumers are more selective and tend to seek real value rather than mere visual trends. The study of culinary marketing strategies using influencers in challenging economic conditions includes a shift in selection, content emphasis, strong call-to-action promotional strategies, utilization of short video platforms, and rigorous measurement of return on investment.
Building Digital Purchase Decisions through the Synergy of E-Marketing Mix and Consumer Trust Sukmadia Sumpena; Putu Nina Madiawati; Agus Maolana Hidayat
Indonesian Journal of Business Analytics Vol. 6 No. 2 (2026): April 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i2.16486

Abstract

The development of internet technologies has altered how individuals buy fashion things. Websites and mobile applications are becoming increasingly important to consumers for information searches, product comparisons, and purchasing. This change encourages many fashion businesses to enhance their official e-commerce platforms. However, high traffic does not always result in high sales conversion. This study examines how trust and the e-marketing mix affect purchase intention and decision using an official fashion e-commerce platform. The study employed a quantitative methodology, analysing data collected from clients who registered and made purchases through the company's mobile application or website using SEM-PLS. The findings demonstrate that while buying intention has the greatest impact on purchase decision, e-marketing mix and trust have a favourable and significant effect on purchase intention. Additionally, purchasing intention mediates the impact of both factors on the choice to buy.
The Effect of Profitability on Firm Value with Dividend Policy as an Intervening Variable in the Banking sector at the Indonesian Stock Exchange (BEI) for the 2022-2024 Period Wulan Sri Hartati; Maiyaliza; Agustina
Indonesian Journal of Business Analytics Vol. 6 No. 3 (2026): June 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i3.16572

Abstract

The purpose of this study is to examine how profitability affects the value of businesses in the banking industry that are listed on the Indonesia Stock Exchange (IDX) between 2022-2024, using dividend  policy as an intervening variable. The background of this research is based on increasing investor attention to company value amid the dynamics of post-pandemic economic recovery and monetary policy fluctuations. Return on Assets (ROA), Dividend Payout Ratio (DPR) for dividend policy, and Tobin's Q for firm valuation were used to gauge profitability. Using the Structural Equation Modeling (SEM) method based on Partial Least Squares (PLS) and SmartPLS software, this study employed a quantitative methodology. The yearly financial statements of banking firms that were listed on the IDX during the study period served as the secondary data source.  The study's findings demonstrate that a company's worth is positively impacted by profitability. However, dividend policy is negatively impacted by profitability, and company value is negatively impacted by dividend policy. Although their indirect impact is minimal, dividend policies have been demonstrated to moderate the relationship between profitability and firm value. These results are consistent with residual dividend theory and signaling theory, which explain why profitable businesses typically retain earnings for internal purposes in order to sustain long-term growth. In order to boost the firm's value in a sustainable way, this research has significance for investors and company management when deciding on dividend policies and profit management tactics.
The Effect of Compliance with Islamic Accounting Standards on the Profitability of Islamic Banks in Indonesia Mardi
Indonesian Journal of Business Analytics Vol. 6 No. 3 (2026): June 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i3.16597

Abstract

This study aims to analyze the effect of Compliance with Islamic Accounting Standards (CIAS) on the profitability of Islamic banks in Indonesia, proxied by Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). Compliance with Islamic accounting standards is considered an important indicator in reflecting the transparency, accountability, and quality of financial reporting in Islamic financial institutions. This study employed a quantitative approach using an explanatory research method involving 40 Islamic banks registered with the Financial Services Authority during the 2020–2024 period, selected through purposive sampling techniques. Secondary data were obtained from annual financial reports and analyzed using descriptive analysis, classical assumption tests, multiple linear regression, hypothesis testing, and coefficient of determination analysis. The results indicate that Compliance with Islamic Accounting Standards has a positive and significant effect on all profitability indicators, namely ROA (0.001), ROE (0.026), and NPM (0.001). These findings suggest that higher compliance with Islamic accounting standards leads to higher profitability among Islamic banks. This study contributes to the development of Islamic accounting knowledge and serves as a reference for Islamic bank management and regulators in improving compliance quality to support sustainable financial performance.