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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 556 Documents
Developing an Integrated Sustainability Leadership Framework for Post-Merger Insurance Companies: Evidence From the Indonesian General Insurance Industry (Case: Pt. Asuransi Bhakti Bhayangkara) Chusnul Chotimah; Hapzi Ali
Indonesian Journal of Business Analytics Vol. 6 No. 4 (2026): August 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i4.16953

Abstract

The transformation of Indonesia's insurance industry is influenced by the implementation of sustainability, digital transformation, strengthening regulations, and consolidation through mergers. However, previous research has generally discussed sustainability and strategic leadership separately so it has not explained how strategic leadership drives organizational transformation towards sustainability. This research aims to analyze the role of strategic leadership in encouraging sustainability transformation and developing an Integrated Sustainability Leadership Framework (ISLF) for the Indonesian insurance industry. The research uses a conceptual approach through integrative literature review and theory building supported by contextual evidence from the Indonesian insurance industry, especially PT Asuransi Bhakti Bhayangkara for the period 2021 to the first semester of 2026. The results show that strategic leadership is a dynamic strategic capability that integrates sustainability orientation into governance, organizational capabilities, innovation, stakeholder management, and organizational transformation. This research produces the concept of Integrated Sustainability Leadership (ISL) and develops ISLF as a conceptual model that explains the relationship between strategic leadership, strategic governance, organizational capabilities, ESG integration, organizational resilience, and sustainable competitive advantage. This framework enriches the strategic management literature while providing a reference for insurance companies in designing sustainable organizational transformation.
Special Investigations Strategy in the Complaint Management Mechanism at the Inspectorate General of the Ministry of Home Affairs Arief Kurnia Manggala
Indonesian Journal of Business Analytics Vol. 6 No. 4 (2026): August 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i4.16964

Abstract

The increasing number of government officials involved in corruption cases, fluctuations in the performance of special audits conducted by the Inspectorate General of the Ministry of Home Affairs during the 2020–2024 period, the rising volume of public complaints, and limitations in human resources have prompted this study to examine special audit strategies within the public complaint management mechanism of the Inspectorate General of the Ministry of Home Affairs. Data were collected through observation, interviews, and documentation and were analyzed using data reduction, data display, and conclusion drawing techniques. The findings indicate that the implementation of special audits within the complaint management mechanism has generally been effective, supported by internal and external factors such as management support, auditor independence, external collaboration, and a reward system through competency development, career advancement opportunities, and the strengthening of auditor and PPUPD professionalism. However, the main challenge lies in the limited number of human resources relative to the nationwide scope of supervision and the incidental nature of special audits. To address these challenges, strategies are required to strengthen risk-based preventive functions, promote digital transformation in supervision, integrate complaint management systems, and enhance auditor capacity. Future studies are recommended to examine the effectiveness of digital technologies, artificial intelligence, and risk-based approaches in special audits using quantitative or mixed-methods designs.
The Impact of Digital Technology Adoption on the Competitive Advantage of Traditional Market Clothing Retailers in the E-Commerce Era Muhammad Fahmi Muzaki; Enceng Yana; Dian Permana Putri
Indonesian Journal of Business Analytics Vol. 6 No. 4 (2026): August 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i4.16732

Abstract

This study aims to analyze the effect of digital technology adoption on the competitiveness of clothing traders in traditional markets in East Cirebon during the e-commerce era. The research employed a quantitative approach using a survey method by distributing questionnaires to 102 clothing traders between January and June 2026. The collected data were analyzed using simple linear regression analysis. The results indicate that both the level of digital technology adoption and the competitiveness of traders are in the moderate category. Furthermore, digital technology adoption has a positive and significant effect on traders' competitiveness. These findings suggest that the utilization of social media, online marketplaces, and digital payment systems plays an important role in enhancing traders' ability to compete amid the rapid growth of digital commerce.
Unveiling the NIM Pathway: How LDR and Efficiency Shape Bank Profitability Gita Imelda Farel; Mardiyani; Agustina
Indonesian Journal of Business Analytics Vol. 6 No. 4 (2026): August 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i4.16777

Abstract

This study examines the effects of LDR and operational efficiency on bank profitability, with NIM as the mediating variable. A quantitative associative-causal approach via path analysis (LISREL 10.20) was applied to 38 conventional banks listed on the IDX from 2022 to 2024, selected through purposive sampling. Results show LDR does not have a significant positive effect on profitability, while operational efficiency has a significant negative effect. NIM positively affects profitability; LDR positively affects NIM; operational efficiency negatively affects NIM. NIM serves as a positive mediator between LDR and profitability, and a negative mediator between operational efficiency and profitability, making it the primary mechanism linking intermediation and cost control to bank profit performance. Banks are therefore recommended to maximize interest margins.
The Role of Good Corporate Governance on Behavioral Opportunities Naditha Ersa Auryn Alamsyah; Menik Indrati
Indonesian Journal of Business Analytics Vol. 6 No. 4 (2026): August 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i4.16810

Abstract

This study aims to examine the effect of the number of board of directors, the proportion of independent commissioners, institutional ownership, and the frequency of board of directors meetings on agency costs proxied by the Asset Utilization Ratio (AUR) in infrastructure sector companies listed on the Indonesia Stock Exchange during the 2021–2024 period. This research employs a quantitative approach using secondary data obtained from the companies’ annual reports. The sample was selected using purposive sampling, resulting in 17 companies with a total of 68 observations. Data were analyzed using panel data regression with the assistance of EViews 13 software, while the appropriate model was determined through the Chow test, Hausman test, and Lagrange Multiplier test. The findings indicate that the number of board of directors, the proportion of independent commissioners, and institutional ownership have a significant effect on agency costs, whereas the frequency of board meetings does not have a significant effect. The results suggest that an excessively large board of directors may increase agency costs due to potential inefficiencies in coordination and decision-making processes. Meanwhile, a higher proportion of independent commissioners and greater institutional ownership are able to reduce agency costs through strengthened monitoring of management.
The Impact of Internet Availability on Economic Growth in Indonesia's Underdeveloped Regions Indra Gunawan
Indonesian Journal of Business Analytics Vol. 6 No. 4 (2026): August 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v6i4.16817

Abstract

This study examines how internet availability accelerates economic growth in 122 of Indonesia’s underdeveloped regions. Using a quantitative fixed-effects panel regression spanning from 2020 to 2025, we analyze the direct impact of regional internet penetration rates on local gross domestic product. This research enriches growth theories by providing empirical evidence from highly resource-constrained infrastructure environments. The results demonstrate that expanded internet access significantly boosts regional economic growth by optimizing local digital trade channels. However, these digital dividends remain constrained by low literacy rates. Implicating policy, the government must pair infrastructure deployment with targeted digital literacy programs to ensure equitable economic expansion in peripheral areas.