cover
Contact Name
Tommy
Contact Email
lpkdgeneration2022@gmail.com
Phone
+6285695565558
Journal Mail Official
tommy@admi.or.id
Editorial Address
Perumahan Bumi Dirgantara Permai Blok CL NO 5, Jl. Durian, Jati Asih, Bekasi, Provinsi Jawa Barat
Location
Kab. bekasi,
Jawa barat
INDONESIA
International Journal Management and Economic (IJME)
ISSN : 28290399     EISSN : 28290526     DOI : https://doi.org/10.56127/jaemb.v1i2
Core Subject : Economy,
International Journal Management and Economic (IJME) is published three times a year, in January, Mey and September by Asosiasi Dosen Muda Indonesia. IJME aims to: Promote the latest research results on Management and/or Entrepreneurship and also Economic. Only publish the results of Subjects suitable for publication include but are not limited to the fields of Marketing Management, Finance Management, Strategic Management, Operation Management, Human Resource Management, E-business, Knowledge Management, Management Accounting, Management Control System, Management Information System, International Business, Economics, Business Economics, Business Ethics and Sustainable, and Entrepreneurship, etc. IJME welcomes papers with the above objectives and scope. The editor decides the paper to be published in IJME after being reviewed by an appointed reviewer (double blind review)
Articles 132 Documents
TRANSFORMATION OF THE DRUG MONITORING SYSTEM THROUGH LEAN SIX SIGMA (LSS) Mojaza Sirait; Ratih Hendayani
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2162

Abstract

Drug distribution oversight in Indonesia faces recurring violations, weak regulatory enforcement, and inefficiencies in post-inspection follow-ups. This study investigates the root causes of these issues and evaluates the effectiveness of Lean Six Sigma (LSS) in improving the supervision system at the Indonesian Food and Drug Authority Regional Office in Serang. A qualitative approach using the DMAIC (Define, Measure, Analyze, Improve, Control) framework was applied to analyze inspection reports, institutional performance data (2019–2024), and in-depth interviews with key stakeholders. The findings reveal that repeated violations stem from ineffective CAPA processes, limited human resource capacity, fragmented regulations, and the absence of integrated digital systems. Implementing LSS led to faster follow-up actions, standardization of inspection procedures, and improved coordination. The study concludes that LSS can serve as a strategic method to enhance data-driven, collaborative, and risk-based drug surveillance. This research contributes to the development of digital public health supervision models and highlights the need for regulatory harmonization across institutions
THE INFLUENCE OF RETURN ON ASSETS, QUICK RATIO, FIRM SIZE, AND ASSET STRUCTURE ON CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF RETAIL SUB-SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2020–2024 Imelia Aprilyanti; Astrid Dita Meirina Hakim
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2240

Abstract

This study examines the effect of return on assets, quick ratio, firm size, and asset structure on capital structure in retail sub-sector companies listed on the Indonesia Stock Exchange. Using panel data regression analysis, the findings indicate that return on assets has a positive and significant influence on capital structure, suggesting that higher profitability enhances the firm’s ability to optimize its financial structure. The quick ratio shows a negative and significant impact, reflecting that higher liquidity reduces the need for external debt. Firm size also contributes positively, implying that larger firms have broader access to funding sources. Meanwhile, asset structure demonstrates no significant relationship with capital structure, highlighting that retail companies are less dependent on fixed assets in financing decisions. These results offer insights for managers and investors in understanding the financial behavior of retail firms during the transition toward digital business environments.
EVALUATING ISLAMIC BANK PERFORMANCE PRE- AND POST-MERGER USING EVA Eva Ulfah Rahayu; Safrizal; Meilinda Anggreni; Novira Fazri Nanda; Tiara Nurpratiwi
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2248

Abstract

The merger of three state-owned Islamic banks under Himbara—BRIS, BNIS, and BSM—into Bank Syariah Indonesia (BSI) in 2021 represents a pivotal development in the consolidation and strengthening of Indonesia’s Islamic banking industry. This study aims to evaluate and compare the financial performance of Islamic banks in Indonesia before and after the merger by employing the Economic Value Added (EVA) method, which incorporates the Weighted Average Cost of Capital (WACC) to provide a more accurate assessment of value creation. The research period spans from 2018 to 2023, covering three years prior to the merger (2018–2020) and three years following the merger (2021–2023). The findings reveal that EVA values remained negative throughout the entire observation period. However, there was a slight improvement in negative EVA values prior to the merger, whereas a further deterioration was observed in the post-merger period. These results suggest that the merger has not yet led to an enhancement in financial value creation, and they highlight the need for a critical reassessment of BSI’s financial strategies moving forward
THE ROLE OF JOB SATISFACTION AND PSYCHOLOGICAL WELL-BEING IN IMPROVING EMPLOYEE PERFORMANCE (STUDY IN PT. IHI POWER SERVICE INDONESIA) Salsabila Damaihati; Fauji Sanusi; Roni Kambara
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2253

Abstract

This study aims to examine the effect of burnout on employee performance, with job satisfaction and psychological well-being as mediating variables. The research employs a quantitative approach, collecting data through questionnaires distributed to employees of PT. IHI Power Service Indonesia. The sampling technique used in this study is non-probability sampling, specifically the purposive sampling method, with a sample size of 107 respondents. Data analysis was conducted using Partial Least Squares (PLS) through the SmartPLS 4. The results indicate that burnout has a significant negative effect on employee performance and job satisfaction but has a non-significant negative effect on psychological well-being. Psychological well-being has a significant positive effect on job satisfaction, and job satisfaction has a significant positive effect on employee performance. Furthermore, job satisfaction is proven to mediate the relationship between burnout and employee performance in a significantly negative manner, whereas psychological well-being does not mediate the relationship between burnout and job satisfaction. These findings underscore the importance of managing burnout and enhancing job satisfaction to support employee performance.
THE MEDIATING ROLE OF ORGANIZATIONAL COMMITMENT IN THE EFFECT OF PERCEIVED TRAINING BENEFITS AND JOB SATISFACTION ON EMPLOYEE PERFORMANCE (A STUDY AT PT. MODERN INDUSTRIAL ESTATE) Ecih Suhersih; Fauji Sanusi; Roni Kambara
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2254

Abstract

This study aims to analyze the effect of perceived benefits of training and job satisfaction on employee performance, as well as the mediating role of organizational Commitment at PT. Modern Industrial Estate. Data were collected from 72 respondents through questionnaires and performance assessments conducted between 2021 and 2023. The analysis used Structural Equation Modeling (SEM). The results show that the perceived benefits of training do not have a direct effect on performance, but have a positive effect on organizational Commitment. Job satisfaction has a positive effect on performance and organizational Commitment. Organizational Commitment also affects performance and mediates the effects of training benefits and job satisfaction. It is recommended that companies optimize training, create a conducive work environment, and strengthen Commitment through open communication and employee participation.
THE EFFECT OF LIQUIDITY, PROFITABILITY, FIRM SIZE, AND CAPITAL STRUCTURE ON STOCK PRICES OF IDX30 COMPANIES FOR THE 2019–2023 PERIOD Tenny Afriani Sari; Said; Astrid Dita Meirina Hakim
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2256

Abstract

This study investigates the effect of liquidity, profitability, firm size, and capital structure on stock prices of companies included in the IDX30 index during the period under review. Using a quantitative approach, multiple linear regression was employed to analyze secondary data obtained from annual reports and financial statements. The analysis reveals that liquidity and capital structure have a positive and significant influence on stock prices, indicating that higher current ratios and optimal debt levels tend to enhance market valuation. In contrast, profitability and firm size show no significant impact, suggesting that these variables may not be primary determinants of stock price movements within the observed sample. The results support the signaling theory and capital structure theory while offering practical insights for investors and corporate managers in formulating strategies to optimize firm value. These findings contribute to the literature on capital market performance in emerging economies.
ANALYSIS OF THE FINANCIAL PERFORMANCE OF ISLAMIC COMMERCIAL BANKS BASED ON THE ISLAMICITY PERFORMANCE INDEX METHOD FOR THE PERIOD 2018-2023 Muhammad Wahyu Nurdin; Riskayanto Riskayanto; Siti Aisyah
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2333

Abstract

The development of the sharia bank in Indonesia is making progress. The quantitative growth of Sharia banking has been demonstrated by the increasing number of sharia public banks and sharia units established. The study aims to analyze the measurement of the Islamicity Performance Index on the financial performance of the Shariah general bank projected by the Return on Asset (ROA) period 2018-2023. The population of this research was determined using purposive sampling and obtained 6 Sharia General Banks. Samples collected using the method of Purposive Sampling are as many as 6 Sharia General Bank selected. Data obtained in the Company`s Annual Report. The data analysis technique in this study uses double linear regression with the SPSS version 29 program. The results of the study showed that partially the variable Profit Sharing Ratio has no influence on Return on Asset, while Zakat Performance Ratio, Equitable Directors Employee Ratio, Director Employee Ratio, and Islamic Income Vs Non-Islamic Income Ratio have no effect on the Return on Asset. Simultaneosly, variables such as Profit Sharing Ratio, Zakat Performance Ratio, and Equitable Distribution Ratio have influenced the return on asset.
DESIGN AND EFFECTIVENESS OF SEQUENTIAL NUMBERING SYSTEMS IN THE REVENUE CYCLE: THEIR IMPACT ON AUDIT TRAIL, FRAUD DETECTION, AND MATERIAL MISSTATEMENT RISK Tulus Pujo Nugroho
International Journal Management and Economic Vol. 4 No. 3 (2025): September: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v4i3.2427

Abstract

This study investigates the effectiveness of implementing a sequential numbering system within the revenue cycle and its impact on audit trail quality, fraud detection, and material misstatement risk in small and medium-sized enterprises (SMEs) in Indonesia. The research applies a quantitative explanatory approach using a survey of 120 respondents, supported by document verification on a subsample of 30 firms. Four main constructs were analyzed: Discipline of Sequential Numbering (DSN), Audit Trail Strength (ATS), Fraud Detection Capability (FDC), and Material Misstatement Risk Proxy (MMRP). The results of the Partial Least Squares–Structural Equation Modeling (PLS-SEM) show that DSN has a significant positive effect on ATS (β = 0.41; p < 0.01) and FDC (β = 0.36; p < 0.05), and a significant negative effect on MMRP (β = −0.28; p < 0.05). These findings indicate that disciplined sequential numbering strengthens the reliability and traceability of accounting records, enhances the ability to identify anomalies, and reduces the likelihood of material misstatement in financial statements. The study provides practical implications for internal control improvement, especially for SMEs adopting digital or semi-digital documentation systems. It also proposes a Sequential Numbering Discipline Index (SNDI) that can be adopted as a simple, low-cost metric to enhance internal control over financial reporting (ICFR).
THE INFLUENCE OF LEADERSHIP STYLE, WORK MOTIVATION ON EMPLOYEE PERFORMANCE MEDIATED BY JOB SATISFACTION IN EMPLOYEES AT BHAKTI HUSADA BEKASI Yoga Pratama; Retno Purwani Setyaningrum
International Journal Management and Economic Vol. 5 No. 1 (2026): January: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v5i1.2489

Abstract

Human resource management is a process that involves the utilization of individuals or staff, including the recruitment, use, development, and maintenance of existing human resources to support an organization or its activities. The existence of quality human resources in a company can improve effective and directed employee performance in achieving predetermined targets. Employee performance is the result of a person's activities that reflect the quality and quantity of work performed. This study aims to understand the influence of leadership style and work motivation on employee performance with job satisfaction as a mediating variable at Bhakti Husada Hospital, Bekasi. The method used in this study is quantitative, with a sample of 67 respondents from a total population of 203 employees at Bhakti Husada Hospital, Bekasi. Data analysis was carried out using SmartPLS 3.0 software, and data collection was carried out through Google Forms. The results of the study indicate that leadership style has a significant influence on employee performance. On the other hand, work motivation does not show a significant influence on employee performance.
THE EFFECT OF ESG DISCLOSURE ON EQUITY VALUATION WITH PROFITABILITY AS A MEDIATING VARIABLE Nurul Annur; Sutisna; Gema Ika Sari
International Journal Management and Economic Vol. 5 No. 1 (2026): January: International Journal Management and Economic
Publisher : Asosiasi Dosen Muda Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56127/ijme.v5i1.2495

Abstract

The mining sector in Indonesia exhibits a disparity between corporate profitability and equity valuation, indicating that non-financial factors may influence investors’ assessments. This study aims to examine the effect of Environmental, Social, and Governance (ESG) disclosure on equity valuation with profitability as a mediating variable. The research sample consists of mining companies listed on the Indonesia Stock Exchange during the 2020–2024 period. A quantitative approach with panel data regression analysis was employed. Data were collected from companies’ annual and sustainability reports and analyzed using EViews software. The results indicate that Environmental and Social Disclosure have no significant effect on equity valuation, while Governance Disclosure has a positive and significant effect. Environmental Disclosure negatively affects profitability, whereas Social and Governance Disclosure positively and significantly influence profitability. Profitability has a positive and significant effect on equity valuation but does not mediate the relationship between ESG disclosure and equity valuation. Simultaneously, ESG disclosure significantly affects both profitability and equity valuation. This study concludes that good corporate governance plays a crucial role in enhancing equity valuation, while environmental and social disclosures require further strengthening to generate optimal financial and market value impacts.

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