Jurnal Ekonomi Perusahaan
The JEP (Jurnal Ekonomi Perusahaan) is part of the Kwik Kian Gie School of Business and Information Technology scientific publications. Published by the Business and Entrepreneurship department, this journal aims to disseminate high-quality and respected academic articles concerning business and economic issues. The journal published twice a year (i.e., in March and September) is listed formally with P ISSN 08548153 and E ISSN 28301560. Hopefully, in this journal, high talented authors can publish their research articles, brief communication, review article, feasibility studies, and case studies around the following topics: entrepreneurship, marketing, consumer behavior, finance management, human resources management, business practices, and reviews, strategic management, economics, and accounting practices and theories. The journal pays respectful attention to the authors who come with original ideas or contributions about the field under investigation.
Articles
83 Documents
<![CDATA[Determinants of company bankruptcy before and during the Covid 19 Pandemic ]]>
<![CDATA[Haris]]>;
<![CDATA[Sandra, Amelia]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 1 (2023): March-August 2023 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i1.922
<![CDATA[Financial distress or financial difficulty is a condition where the company cannot fulfill its long-term and short-term obligations. If this condition is allowed to drag on, the company will either go bankrupt or be liquidated. Financial distress is measured using the Springate. The initial sample was 25 companies listed on the Indonesia Stock Exchange before 2018, of which only 22 companies were found eligible. Among them, nine companies are considered outliers. Therefore, only 13 firms were considered the effective sample. Since the study context is three years, we arrive at 39 data units finally used as the sample. The data source was obtained from the official website of the Indonesia Stock Exchange. Multiple linear regression shows that liquidity positively influences the Springate value, indicating decreased financial distress. Business diversification and leverage have no significant effect on financial distress. The conclusions may be different if different methods are used. Further research is suggested for the Zmijewski or Grover model for more convincing results. Further research can use the Zmijewski or Grover models. Plagiarism Check ]]>
<![CDATA[Audit quality weakens earnings management effect on company value ]]>
<![CDATA[Rondonuwu, Kezia Hany Josefin]]>;
<![CDATA[Suhartono, Sugi]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 1 (2023): March-August 2023 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i1.923
<![CDATA[Managers frequently use earnings management techniques to boost company value by making financial reports appear good to investors. Because of this earnings management, investors may choose the wrong investments, and share prices may fall that lowering the company's worth. Theoretically, audit quality can minimize earnings. Yet, whether audit quality can reduce the impact of earnings management on company value has not been clearly disclosed. This study aims to provide an answer to this topic by applying the agency theory, signal theory, and market efficiency theories. Companies in the primary consumer goods industry that list on the Indonesia Stock Exchange (IDX) in 2018–2020 are the objects used. 141 businesses in total were chosen as samples using the purposive sampling methodology. The study's use of moderated regression analysis (MRA) demonstrates that earnings management has a detrimental impact on business value. Additionally, it was discovered that the detrimental impact of earnings management on firm value might be mitigated by audit quality. Practically, this study confirms that the use of reputable auditors can minimize earnings management and protect against a decline in firm value. Subsequent research can examine whether a company's reputation can reduce public suspicion of earnings management. Plagiarism Check]]>
<![CDATA[The Comparison of the performance of crypto assets, stocks, bonds, and gold in Indonesia during Covid-19 Pandemic ]]>
<![CDATA[Chandra, Vergo]]>;
<![CDATA[Iryanto, M. Budi Widiyo]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 1 (2023): March-August 2023 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i1.930
<![CDATA[This study aims to determine whether crypto assets are suitable as an alternative investment when compared to the performance of the LQ 45 stock index, 10-year Indonesian Government Bonds, and Antam's precious metal in the form of gold. The measurement of the performance of an investment is not only seen from the rate of return but also needs to pay attention to the risks to be borne, then the performance measurement is used using the Sharpe, Treynor, and Jensen measurement methods. The three models base their analysis on past rates of return to determine the compensation for the returns obtained for each measure of risk borne. This study used descriptive analysis with case study methods, while hypothesis testing was carried out by nonparametric statistical tests using Kruskal-Wallis H because there were more than two independent variables. The values of the Sharpe Index and Jensen Index show that Bitcoin investment instruments are the highest-performing instruments while the LQ45 stock index is the lowest. The conclusion of this study shows that there is no significant difference between investment performance using the Sharpe method, while in the Treynor and Jensen methods, there are significant differences.]]>
<![CDATA[The Influence of supply chain management dimensions on the performance of electric cable companies in Jakarta ]]>
<![CDATA[Khoe, Marika]]>;
<![CDATA[Rakhman, Abdullah]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 1 (2023): March-August 2023 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i1.952
<![CDATA[A good and effective company supply chain determined around 60% of the company's sustainability. In detail, strategic supplier partnerships, customer relationships, information sharing, and information quality positively affect company performance. To investigate this notion, the authors conducted the study in an electric cable company in Jakarta among stakeholders who had lived in Jakarta for the past six months chosen by the census. The results show that strategic supplier partnership, information sharing, and information quality affect company performance. The most influential variable on the company's performance is information sharing. Customer relationship shows a positive but not significant effect on company performance. The research found that strategic supplier partnerships, customer relationships, information sharing, and information quality can explain the variance in company performance of 63.2%.]]>
<![CDATA[The role of corporate culture in suppressing discriminating practices against women's careers ]]>
<![CDATA[Hendratmoko]]>;
<![CDATA[Wijaya, Teddy]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 2 (2023): September 2023 - February 2024 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i2.1030
<![CDATA[A career is an individual's journey to achieve a better goal. Corporate culture is an important thing that a company must have. Discrimination is common in heterogeneous communities. This study aims to understand corporate culture's role in efforts to suppress discriminatory practices against women's careers. This study used a descriptive qualitative approach. This study used three informants who worked at PT. KE Farmasi in North Jakarta. In addition to secondary data, this study also used primary data from interviews with informants. The results of this study show that there are still discriminatory practices against women's careers in companies. Prejudice and stereotypes are one of the reasons why discriminatory practices still occur against women's careers. Performance-based corporate culture is one way to avoid discriminatory practices against women's careers. This research is expected to contribute to the importance of performance-based corporate culture. ]]>
<![CDATA[Why is the smartphone market in Indonesia declining? ]]>
<![CDATA[Siagian, Dergibson]]>;
<![CDATA[Dema, Yosef]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 2 (2023): September 2023 - February 2024 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i2.1054
<![CDATA[Technology, particularly communication and information technology, is essential for everyone. As this technology advances, competition among cell phone manufacturers becomes more intense. This is the primary reason that mobile manufacturing companies compete to innovate in order to create mobile products that will catch the attention of market consumers. Cell phones appear to be a basic human requirement. But there is a new irony for Indonesia. Despite a 1.05% increase in population, the smartphone market in Indonesia fell by 11.9% in the first quarter of 2023 compared to the same quarter in 2022. The goal of this study is to determine which factors influence purchase intentions and which factors are the most likely cause of a decrease in purchasing intentions. The study's findings show that the four independent variables, product quality, brand image, brand prestige, and brand trust, all have a positive and significant effect on purchase intention. If there is a decrease in purchase intention, it is reasonable to suspect that the cause is the smallest value, which is far below the other three independent variables. Plagiarism Check]]>
<![CDATA[The impact of marketing mix on the decision-making process to purchase PT MGD transportation services in Indonesia ]]>
<![CDATA[Felim, William]]>;
<![CDATA[Sitinjak, Tony]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 2 (2023): September 2023 - February 2024 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i2.1101
<![CDATA[This study aims to investigate the effect of marketing mix on the decision process to purchase transportation services at PT. MGD. This study uses product, price, place, and promotion as independent variables and the decision process variable to purchase PT. MGD's transportation services as the dependent variable. The authors expect that independent variables significantly influence the dependent variable. By using α of 5 percent, the study found that product and place significantly impacted the purchasing decision process of PT. MGD's transportation services. While α increased to 10%, all independent variables significantly impacted the dependent variable. Further research can utilize additional variables because the independent variables used in this study can only explain 53.10% of the purchasing decision process. Other variables explain 46.9 % of it.]]>
<![CDATA[The existence of liquidity, profitability, and leverage in accounting conservatism ]]>
<![CDATA[Kurniawan, Cathrien Florencia]]>;
<![CDATA[Mulyani, Mulyani]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 30 No. 1 (2023): March-August 2023 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v30i1.1104
<![CDATA[This study examines the impact of liquidity, profitability, and leverage on accounting conservatism in trading, service, and investment companies listed on the IDX from 2017 to 2019. Financial statements are crucial in depicting an entity's financial performance and aiding decision-making. Accounting conservatism, a principle aimed at mitigating optimistic management behavior, involves recognizing expenses promptly while delaying revenue and asset recognition. Based on a sample of 265 companies, the research utilizes descriptive statistical analysis, pooling tests, and multiple linear regression analysis. The findings indicate that the data is suitable for the study. Hypothesis testing reveals a positive effect of profitability on accounting conservatism, rejecting the first hypothesis. In contrast, the second and third hypotheses are accepted, relating to the negative impact of leverage on accounting conservatism and the inconclusive effect of liquidity. This study contributes to understanding the dynamics of accounting conservatism in the context of diverse company types and market conditions.]]>
<![CDATA[Influence of promotions, price perceptions, service quality towards customer loyalty through customer satisfaction Gojek in Jakarta ]]>
<![CDATA[Vemberain, Jesselin]]>;
<![CDATA[Rakhman, Abdullah]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 31 No. 1 (2024): March-August 2024 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v31i1.1108
<![CDATA[The evolution of technology has deeply impacted various industries, notably transportation services, facilitated by advancements like online platforms such as Gojek in Indonesia. In this research, the authors expect the direct and positive influence of promotion, price perception, and service quality on customer satisfaction and the indirect impact on customer loyalty. Questionnaires were distributed to 198 Gojek users in Jakarta. The data analysis using SPSS and WarpPLS suggests strong correlations between promotion, price perception, service quality, customer satisfaction, and customer loyalty. However, while promotion and price perception significantly affect customer loyalty, the impact on service quality is negligible. Customer Satisfaction acts as a mediator between these variables and customer loyalty. Further research can utilize additional variables because the independent variables used in this study can only explain 60% of the purchasing decision process. Other variables explain 40 % of it.]]>
<![CDATA[Leadership and human resource management in improving employee welfare: A literature review ]]>
<![CDATA[Lintong, Elisabeth Marlina Sari]]>;
<![CDATA[Bukidz, Danny Philipe]]>
<![CDATA[ Jurnal Ekonomi Perusahaan Vol. 31 No. 1 (2024): March-August 2024 ]]>
Publisher : <![CDATA[Business and Entrepreneurship Department, Kwik Kian Gie School of Business and Information Technology, Jakarta ]]>
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DOI: 10.46806/jep.v31i1.1109
<![CDATA[Leadership plays a very important role in an organization or company. The processes that take place within an organization or company depend on the attitude and leadership style applied. Leadership attitudes and styles in an organization also play an important role in increasing employee satisfaction. Employees who are satisfied with the leadership attitudes implemented by their leaders have the potential to feel appreciated and prosperous. Employee personal well-being is achieved through leadership as a medium. Examining the relationship between leadership and worker well-being as well as the influence of additional factors that bolster it is the aim of this essay. This article examines studies that show a relationship between leadership and worker well-being as well as the mediators and moderators that support that relationship. Using a literature study, the approach looks at leadership philosophies and attitudes in terms of enhancing worker wellbeing. The literature research indicates that there is a noteworthy correlation between employee well-being and leadership. Through intermediate factors, such as welfare forms and leadership styles and processes, leadership may have an impact on employee welfare. Additional findings support the notion that a moderating factor like leadership style might enhance the association between well-being of employees and leadership.]]>
