International Journal of Islamic Business and Management Review
International Journal of Islamic Business and Management Review is a peer-reviewed economic journal serving as a forum for Islamic Business Economics Scholars concerning to area of Islamic Accounting, Banking, Economics, Entrepreneurship, Finance, Human Resources Management, and Management. This open accessed Journal publishes original research and review papers twice a year (on June and December). This journal encompasses original research articles including: 1. Islamic Banking and Financial Institution 2. Islamic Behavioral Economics 3. Islamic Development Economics 4. Islamic Environmental Economics 5. Islamic International Economics 6. Islamic Accounting 7. Islamic Bussiness and Entrepreneurship 8. Islamic Human Resources Management 9. Islamic Monetary Economics 10. Islamic Public Finance 11. Islamic Political Economy 12. Islamic Bussiness Management 13. Islamic Urban and Rural Economics
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What Influences Fashion Consumers’ Loyalty On Social Media in Indonesia?
Hasan , Golan;
Noor Liana, Eva
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.125
This research examines the determining factors which can affect consumer loyalty for fashion products on social media mediated by purchase intention. This research focuses on both locally produced and imported fashion products sought after by Batam City residents. Collected data is pooled from 352 respondents using Google Forms. The questionnaires were taken from the works of Abou Ali et al., (2021) dan Prasad et al., (2019). The causal-comparative quantitative approach is used in this research, while linear regression is used to prove the relationship between each hypothesis. This research shows that the relationship between country of origin, customer engagement, influencer marketing, purchase intention, and trust can explain about 53% of customer loyalty. Meanwhile, perceived value does not significantly affect customer loyalty directly. To examine the mediating relationship of purchase intention, this research uses the aforementioned variables to be compared. The result shows that there is a mediating relationship between purchase intention and independent perceived value and trust. Altogether this research is conducted in a relatively short time. Additionally, the lack of supporting journals and sources that can reinforce the mediating relationship of purchase intention toward perceived value and trust makes this study not thoroughly discussed.
The Effect of Human Resource Skills and Capabilities on SMEs Performance
Wijaya, Reni;
Yadewani, DORRIS;
Kurniati Karim
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.128
This study aims to investigate more deeply the impact of skills and abilities on the performance of Small and Medium Enterprises in Kota Pariaman. The population of this research is 4,281 Small and Medium Enterprises located in Pariaman City where the number of samples is 98 SMEs. The technique used in collecting data for this research is to use Field Research, then the technical data analysis used is factor analysis. Hypothesis testing is carried out using Statistical Program Social Scence (SPSS) 24.0 for Windows by using factor analysis, among others instrument test, classical assumption test, Goodness of Fit test, multiple linear regression analysis. The results of this study indicate that a) There is a positive influence of skills on the performance of small and medium enterprises of 13.2%. b) There is a positive effect of ability on the performance of small and medium enterprises of 30.8%. c) There is a positive influence of skills and abilities on the performance of small and medium enterprises of 34.1%.
Determination of Corporate Action Announcement and Market Reaction: : Stock Price and Stock Liquidity Before and Afte
Liyas, Jeli Nata;
Fajri Adrianto
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.133
This study aims to determine the effect of market reaction in corporate action announcements on stock prices and stock liquidity. This study uses qualitative methods and literature research with reference to the latest journals published by scholars and examines literature books based on the theories discussed, especially in the context of financial management. The results of this study will build a research hypothesis which will be developed in further research by the author. The findings of this study will be continued with data collection and hypothesis testing. Stock data will be taken on stocks listed on the Indonesia Stock Exchange using a purposive sample selection method. It is planned that this study will test the hypothesis using SEM AMOS software version 24 and SPSS Versti 26 to process and screen data. Research will have an impact on increasing understanding for investors who will invest in the Indonesia Stock Exchange.
The Efficiency of Islamic General Insurance Using Data Envelopment Analysis (DEA): Evidence From Indonesia
Puspitasari, Novi;
Fauziyah, Laili
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.134
Purpose – The purpose of this study is to analyze the efficiency level of sharia general insurance in Indonesia. Methodology/approach – This study uses the Data Envelopment Analysis (DEA) method with output orientation. The objects in this study were 8 general insurance companies in Indonesia during the 2015-2020 period. The variables used consist of input variables (total assets, capital/equity, operating expenses, claim payments) and output variables (investment income, tabarru' funds, profit). Findings – There are three Sharia General Insurance Companies in efficient condition during the study period, namely Allianz Utama Indonesia Insurance, Sinar Mas Insurance, and Bumiputeramuda General Insurance. In addition, there were five companies in an inefficient condition during the study period, namely PT Asuransi Bringin Sejahtera Artamakmur, PT Asuransi Ramayana, PT Asuransi Staco Mandiri, PT Asuransi Umum Mega, and PT Asuransi Wahana Tata. Novelty/value – The contribution of this research is to provide an efficiency analysis of Sharia General Insurance companies in Indonesia using several inputs and outputs. Keywords Efficiency, Islamic Insurance, Data Envelopment Analysis (DEA).
Fraud Prevention of Village Fund Management
Hendrawati, Erna;
Pramudianti, Mira;
Abidin, Khoirul
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.136
Fraud Prevention refers to any effort or action done to reduce opportunities for fraud, as well as to prevent and evaluate any conduct that poses a risk of fraud. The goal of this research is to see how village officials' competency, internal control systems, individual morality, and whistleblowing affect fraud prevention in village fund administration. This study focused on the village government in Menganti sub-district, Gresik regency, Surabaya, which received village funding. The village chief, secretary, and treasurer were the participants in this study. 66 respondents are selected for the sample using the saturation sampling technique. Spreading questionnaire was used to collect data, and the model used was SEM-PLS (Partial Least Square) using WarpPLS. The results of the study on village officials' competence, morality, and whistleblowing have an impact on fraud prevention, while the internal control system has no impact.
Factors Affecting Budgeting Practices of Principals In The Administration of Public Secondary Schools in Southwest Nigeria
OBIWELUOZOR, Nkechi;
Ogunbiyi, Oluwadare Deji
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.137
The study assessed the factors affecting budgeting practices of principals in administration of public secondary schools in Southwest, Nigeria. The study was guided by one objective, research question and hypothesis. Descriptive survey research design was used for the study; the population of the study was 3254 while the sample size was 650 respondents. Multi-stage sampling technique was use to arrive at the sample size. The instrument used for data collection was a self-structured questionnaire titled “Factors Affecting Principals’ Budgeting Practices Questionnaire (FAPBPQ)”. The questionnaire is in one clusters with 9 items. The data collected were analyzed using Mean and Standard Deviation (SD) to answer the research question. The major findings of the study were that school principal’s negative attitude towards the budgetary plans, poor budget implementation, among others do actually affects budgeting practices of principals in administration of public secondary schools in Southwest, Nigeria. The finding also revealed that there is no statistically significant difference between the mean scores of the principals and bursars on principals’ budgeting practices in administration of public secondary schools in Southwest, Nigeria. Based on the findings of the study, it was recommended among others that Principals should endeavour to involve their staff in school budget planning and preparation and should not neglect their opinions and contributions for productive and effective administration of school.
Analysis of Online Shopping Behavior among Teachers in Indonesia
Sunarmi;
Marthalena, Yenny;
Sastri Ayu Lestari
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.142
Purpose –This study is a quantitative study that aims to identify the total expenditure of teachers in online shopping, the types of products purchased, online shopping platforms and also the factors that influence online shopping.. Methodology/approach –The instrument in this study used a five-point Likert scale survey form. The sample of this study consisted of 319 teachers in Pringsewu district, Lampung, Indonesia, which were selected through snowball sampling. Findings – It was found that,the majority of respondents shop online with a total expenditure of around one million rupiah per year and make online purchases for daily needs such as clothes and accessories or fashion that supports personal appearance. The most widely used online shopping platforms include Lazada, Shopee and Tokopedia. All independent variables significantly contribute positively to online shopping
Analysis of External Factors Affecting Audit Quality in Indonesia
Novita, Wellia;
Rama Nopiana, Puspita;
Annisa Putri, Yovy
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.143
This study aims to analyze the effect of audit tenure, auditor reputation and KAP rotation on audit quality, either partially or simultaneously in Indonesian companies, namely manufacturing the basic and chemical industrial sectors listed on the IDX for the 2015-2019 period. The method used is a quantitative method, where the population in the study is to take a total of Indonesian companies, especially manufacturing companies in the basic and chemical industrial sector in Indonesia from the 2015-2019 period, which is as many as 76 companies. Samples taken from the population are those that meet the predetermined criteria, so that only 43 companies are used as samples for this study. The data used for this study were 215 (43 companies x 5 years of financial reporting period). The results of the study explain a) Audit tenure has no significant effect on audit quality, where the audit engagement period is not a problem for quality audits, b) auditor reputation does not significantly affect audit quality in Indonesian companies. This proves that the size of the KAP does not affect the quality of the audit provided, so that the public accounting profession maintains public trust, c) KAP rotation has a significant influence on audit quality in Indonesian companies so that auditors must pay attention to KAP rotation which is regulated by regulations, d) audit tenure, auditor reputation and KAP rotation together have no significant effect on audit quality in Indonesian companies. This is generally regulated by regulations, so it is only necessary to supervise the established procedures so that audit quality can be presented properly and fairly.
Does leadership style still affect employee performance in the Millennium era?
Srimulatsih, Mahbubah
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.150
This study aims to determine the effect of leadership style on employee performance in the current digital era. In this study, sampling using a saturated sample technique that is equal to 32 people or the entire population is sampled. The results showed that the t-count value was 6.554 while the t_table value was 2.00488 so it can be explained that the t_count value (6.170) > from t_table (2.04227) so it can be concluded that there is a significant influence between leadership style on employee performance in the digital era when this. This research proves that until now the leadership style is still effective to encourage better performance at all levels.
Jakarta Islamic Index (JII) Financial Performance Analysis Using EVA and MVA Methods
Jayaprawira, Acep R.;
Sulistyandari;
Alum Kusumah
International Journal of Islamic Business and Management Review Vol. 2 No. 1 (2022)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi dan Bisnis Indonesia
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DOI: 10.54099/ijibmr.v2i1.153
Purpose – The study aims to examine the financial performance of firms listed on the Jakarta Islamic Index between 2018 and 2020 using the Economic Value Added (EVA) and Market Value Added (MVA) methods. Methodology/approach – The study is a descriptive quantitative study with the population is all companies listed on the Jakarta Islamic Index in 2028-2020. The purposive sampling method employed and determined the sample of seven companies. The data gained from the company's financial statements, accessed at www.IDX.co.id. Findings – According to the findings of this study, the company's financial performance using the EVA method is positive (EVA>0), indicating that the company can generate economic value added. With a positive number (MVA>0), the financial performance of the MVA is similarly good. It signifies that the company can generate market value-added and has managed to expand investor wealth. Novelty/value – The concept of measuring financial performance based on Value-added (economic value added - EVA and Market Value added - MVA) to overcome the limitations of financial ratio analysis. These concepts are crucial indicators of an investment's ability to create wealth. By using EVA and MVA, this study examined the financial performance of companies listed on the Jakarta Islamic Index.