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PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS
ISSN : -     EISSN : 2829601X     DOI : https://doi.org/10.56107/penanomics
Core Subject : Economy,
PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS (ISSN: 2829-601X) published every three months (April, August, December) is a peer-reviewed journal in the fields of Economics and Business and Social Sciences and their applications. Specifically, the journal covers topics in Economics, Business, Accounting and Finance, Social Sciences, Economic and Business Modeling, Public Administration, and Business Administration. PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS publishes contributions in the form of review articles, original research articles, brief communications, technical notes, and letters to editors.
Articles 106 Documents
THE ROLE MEDIATION INNOVATION-BASED PUBLIC SERVICES: ORGANIZATIONAL CULTURE TOWARD EMPLOYEE PERFORMANCE: THE ROLE MEDIATION INNOVATION-BASED PUBLIC SERVICES: ORGANIZATIONAL CULTURE TOWARD EMPLOYEE PERFORMANCE Putri, Zhelika Nurul; Seswandi, Agus; Supeno, Bambang
PENANOMICS: International Journal of Economics Vol. 4 No. 1 (2025): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i1.212

Abstract

Organizational culture plays a very important role in shaping the identity and excellence of anorganization, both in the public and private sectors. An organizational culture that supportsopenness, collaboration, and risk-taking can accelerate the innovation process and enableorganizations to be more adaptive to change and create new products and services that meet theneeds of society; a strong culture that is aligned with organizational strategy can improve employeeperformance. This study aims to examine the mediating role of innovation-based public services:organizational culture and employee performance of the Siak Regency Regional Secretariat. Thisstudy uses a quantitative method by distributing questionnaires via Google Forms to 100 people.Data is processed using SmartPLS 3.2.9 software. The data analysis method uses structural equationmodeling-partial least square (SEM-PLS). The results of the study indicate that organizationalculture has a positive and significant effect on innovation-based public services, and innovationbased public services has a positive and significant effect on employee performance. Organizationalculture has a positive and significant effect on employee performance. Innovation-based publicservices is able to mediate the influence between organizational culture and employee performance.In conclusion, the influence between organizational culture, innovation-based public services, andemployee performance is still growing. By understanding the mechanisms underlying thisrelationship, the Siak Regency Regional Secretariat can design more effective service programs toimprove employee innovation and performance
Determinants of Return on Assets and Asset Growth In KBMI Group 4 Commercial Banks: Determinants of Return on Assets and Asset Growth In KBMI Group 4 Commercial Banks pratiwi, Wigati; Sofilda, Eleonora; Suparyati, Agustina
PENANOMICS: International Journal of Economics Vol. 4 No. 1 (2025): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i1.213

Abstract

The banking industry plays a crucial role in a nation's economy, especially for Indonesia, as developing countries, hence the financial performance of the bank should be maintained continuously to support the real sector. Observing the determinant factors about their performance over time are challenging works, because it might be resulted in variative direction. Therefore, this study have a main objectives where to re-analyse the factors. This study using several variables divided into two terms internal (CAR, NPL, LDR, OER, and NIM) and external (GDP, Inflation rate, and BI Rate) that affect profitability rate and asset growth in Indonesian largest capitalized bank. Panel data regression and VECM are conducted by the author using capitalized commercial banks (KBMI 4) between 2017-2023. Several variables reveal consistent results in the long-run where CAR, LDR, Inflation rate, and BI Rate have positive influence on profitability rate. Furthermore, CAR (+), NPL (-), GDP (-), and BI Rate (+) also reveal a consistent impact toward asset growth. Several implications, especially for governments, of this result further discussed in the last sections.
Determinant Factors for Achieving Sustainable Development in Jambi Province: Determinant Factors for Achieving Sustainable Development in Jambi Province Astuti, Camelia Puji; Hamzah, Muhammad Zilal; Sofilda, Eleonora
PENANOMICS: International Journal of Economics Vol. 4 No. 1 (2025): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i1.214

Abstract

The Human Development Index (HDI) and the poverty line are important indicators in measuring community welfare and are in line with the Sustainable Development Goals (SDGs) initiated by the United Nations (UN). Jambi Province is one of the provinces that has an average HDI below the national average with a high poverty rate. The purpose of this study was to analyze and examine the determinants of the HDI and Poverty Line in Jambi Province. The method used is a qualitative approach using SLR bibliometrics and a quantitative approach with panel data in 11 districts/cities in Jambi Province with a research year of 2017-2023. The results of the qualitative approach show that the productivity of literature related to the Human Development Index (HDI) and Poverty fluctuated during 2021-2024 with the highest growth in 2023 and 2024. The results of the quantitative approach show that all independent variables have a significant effect on the Human Development Index (HDI). Meanwhile, only the education budget and Regional Independence Index variables do not have a significant effect on the poverty line. Recommendations based on research results, the Central Government and Jambi Province need to encourage inclusive economic growth to accelerate the improvement of social welfare, need to strengthen sustainability-based village development programs to improve the quality of life of the community. The government needs to strengthen regional financial management mechanisms to ensure more efficient and effective public spending that has an impact on community welfare so that the achievement of SDGs can be realized in 2030.
IMPLEMENTATION OF STRATEGIC LEADERSHIP IN THE AT-TAQWA PAMULANG ISLAMIC EDUCATIONAL INSTITUTION, SOUTH TANGERANG CITY, BANTEN: IMPLEMENTATION OF STRATEGIC LEADERSHIP IN THE AT-TAQWA PAMULANG ISLAMIC EDUCATIONAL INSTITUTION, SOUTH TANGERANG CITY, BANTEN Sastri, Enan Trivansyah; Husainah, Nazifah; Wicaksono, Digantara
PENANOMICS: International Journal of Economics Vol. 4 No. 1 (2025): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i1.215

Abstract

This research aims to analyze the strategic leadership used by the Islamic Education Institute At-Taqwa Pamulang Foundation, South Tangerang City. The application of strategic leadership is one of the efforts to improve the quality carried out by At-Taqwa Pamulang Islamic Elementary and Middle School, South Tangerang City. This research uses qualitative methods with the research location at At-Taqwa Pamulang Islamic Elementary and Middle School, South Tangerang City. Data was obtained through observation, interviews and documentation. Interviews were conducted with school principals, teachers, employees and parents. Respondents for the interview were 30 people. This research concludes that Strategic leadership has been implemented at At-Taqwa Islamic Elementary and Middle School. The application of strategic leadership takes the form of schools preparing plans to achieve the expected educational goals. School planning is based on the school's vision, mission and goals, and takes into account the school's SWOT analysis. Schools prepare RKS, RAPBS, and SOP. The implementation of strategic leadership results in improved school quality. This research contributes to the literature in examining the application of strategic leadership in Islamic educational institutions in Indonesia.
INFLUENCE BALANCED SCORECARD ON THE PERFORMANCE OF TELECOMMUNICATIONS COMPANIES (EMPIRICAL STUDY ON TELECOMMUNICATIONS COMPANIES IN 2020-2023) : INFLUENCE BALANCED SCORECARD ON THE PERFORMANCE OF TELECOMMUNICATIONS COMPANIES (EMPIRICAL STUDY ON TELECOMMUNICATIONS COMPANIES IN 2020-2023) Ramadani, Rifki; Setyaningsih, Titik Agus
PENANOMICS: International Journal of Economics Vol. 4 No. 1 (2025): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i1.216

Abstract

The formulation of the problem in this research is as follows: What is the influence of the Financial perspective, Customer perspective, Business Process perspective, Learning and Growth perspective partially on the performance of Telecommunication Companies? The aim of this research is as follows: To determine the influence of the Financial perspective, Customer perspective, Business Process perspective, Learning and Growth perspective partially on the performance of Telecommunication Companies. Research Results (1) The financial perspective has an insignificant negative effect on company performance. (2) The customer perspective has a significant positive effect on company performance. (3) The internal business process perspective has an insignificant negative effect on company performance. (4) The learning and growth perspective has an insignificant effect on company performance.
Artificial Intelligence and the Future of Work in Southeast Asia: A Desktop Study of Opportunities, Challenges, and Workforce Readiness Alan, Alan Robert White; Darodjat, Tubagus Achmad; Maryano, Maryano
PENANOMICS: International Journal of Economics Vol. 4 No. 2 (2025): August
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i2.224

Abstract

Artificial Intelligence (AI) is redefining the global labor landscape, presenting both opportunities for economic growth and risks of workforce displacement. This desktop study investigates the impact of AI on employment trends in Southeast Asia, with a focus on how regional economies such as Singapore, Indonesia, and Thailand are adapting. Drawing from recent literature, policy analysis, and international reports, the study identifies workforce readiness, inclusive skilling initiatives, and collaborative governance as critical factors for harnessing AI’s benefits. Findings suggest that despite progress in digital infrastructure and training investments, the region faces significant challenges related to inequality, preparedness, and digital skill gaps. The paper concludes by recommending comprehensive policies for inclusive AI adoption, sustained investment in education, and adaptive labor systems.
THE PERFORMANCE OF CIVIL SERVANTS WITH JOB SATISFACTION AS A MEDIATOR: THE PERFORMANCE OF CIVIL SERVANTS WITH JOB SATISFACTION AS A MEDIATOR Misriyani, Sri; Supeno, Bambang; Burhan, Burhan
PENANOMICS: International Journal of Economics Vol. 4 No. 2 (2025): August
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i2.225

Abstract

This study aims to address the performance issues of the State Civil Apparatus (ASN) in Rokan Hulu Regency, despite ongoing bureaucratic reforms. The phenomenon of suboptimal ASN performance, particularly in key sectors like health, education, and infrastructure, indicates a gap in leadership effectiveness and job satisfaction. The purpose of this research is to explore the impact of inspirational leadership on ASN performance, with job satisfaction as a mediating variable. A quantitative research method was employed, using a descriptive approach with a sample of 368 employees. Data processing was conducted using PLS-SEM to test the hypothesized relationships. The results reveal that inspirational leadership significantly affects job satisfaction, which in turn positively influences ASN performance. However, inspirational leadership does not have a direct effect on performance, highlighting the importance of job satisfaction in mediating this relationship. This study provides insights into how leadership and job satisfaction contribute to enhancing ASN performance, offering practical recommendations for improving public sector management.
UTILIZATION OF SOCIAL MEDIA AND DIGITAL ADVERTISING TO INCREASE SALES: UTILIZATION OF SOCIAL MEDIA AND DIGITAL ADVERTISING TO INCREASE SALES Muin, Mulyani Rody; Erdawati, Erdawati
PENANOMICS: International Journal of Economics Vol. 4 No. 2 (2025): August
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i2.226

Abstract

This community service project aimed to enhance the sales performance of PT Dirgham Art Jaya, a furniture manufacturing SME in Sidoarjo, by implementing integrated digital strategies through social media management and digital advertising. The initiative responded to the company’s minimal digital presence and reliance on word of mouth promotion, which limited brand visibility and market reach. Activities included creating official business accounts on Instagram and TikTok under the handle “sahabatdirgham,” producing engaging visual content with CapCut and Canva, launching targeted advertisements via TikTok Ads and Instagram Ads, and registering the business location on Google Maps. Audience segmentation focused on demographics and interests relevant to home décor and furniture. The program achieved notable outcomes, including increased followers, content views, and customer orders from 5 in May to 8 in June indicating a positive correlation between optimized digital marketing and sales growth. The results highlight the potential of consistent content management, data driven advertising, and multi channel engagement to enhance SME competitiveness. Sustainability recommendations involve continuous performance monitoring, advanced analytics training, and diversification of content formats to ensure long term digital growth and adaptability in the competitive creative industry.
THE EFFECT OF STRATEGIC LEADERSHIP STYLE AND ORGANIZATIONAL CLIMATE ON EMPLOYEES' ORGANIZATIONAL COMMITMENT THROUGH JOB SATISFACTION AT PURBALINGGA PALM FLOWER COMPANY: THE EFFECT OF STRATEGIC LEADERSHIP STYLE AND ORGANIZATIONAL CLIMATE ON EMPLOYEES' ORGANIZATIONAL COMMITMENT THROUGH JOB SATISFACTION AT PURBALINGGA PALM FLOWER COMPANY Bahy, Lanang Mustika; Yusuf, M.
PENANOMICS: International Journal of Economics Vol. 4 No. 2 (2025): August
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i2.227

Abstract

This study aims to determine and analyze the influence of strategic leadership style and organizational climate on employee organizational commitment through job satisfaction at the Purbalingga Palm Flower Company. The method used in this study was an associative method with a quantitative approach. The sample size was 89 respondents. The sampling technique used was non-probability sampling with a saturated sampling technique. The analysis used SEM-PLS. The results of this study are: (1) leadership style has a positive and significant effect on job satisfaction, (2) organizational climate has a positive and significant effect on job satisfaction, (3) leadership style has a positive and significant effect on organizational commitment, (4) organizational climate has a positive and significant effect on organizational commitment, (5) job satisfaction has a positive and significant effect on organizational commitment, (6) leadership style has a positive and significant effect on organizational commitment through job satisfaction, and (7) organizational climate has a positive and significant effect on organizational commitment through job satisfaction.
THE INFLUENCE OF TRAINING AND ORGANIZATIONAL CULTURE ON EMPLOYEE PERFORMANCE THROUGH COMPETENCE AS A MEDIATING VARIABLE AT PT BANK BJT: THE INFLUENCE OF TRAINING AND ORGANIZATIONAL CULTURE ON EMPLOYEE PERFORMANCE THROUGH COMPETENCE AS A MEDIATING VARIABLE AT PT BANK BJT Oktori, Oktori; Yusuf, M.
PENANOMICS: International Journal of Economics Vol. 4 No. 2 (2025): August
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i2.228

Abstract

Human Resources (HR) is one of the very important factors that cannot be separated from the continuity and success of an organization, be it a government institution, social institution, or company, because basically Human Resources include individuals who are employed and empowered in the organization, who have a role as strategic planners, operational implementers, as well as the main drivers in every organizational activity in order to realize the vision, mission, and short-term and long-term goals that have been set. The purpose of this study is to determine the positive influence between training variables, organizational culture, on employee performance through competence as a mediating variable on employees of PT. Bank JTrust Indonesia Tbk. The research method used is associative research with a quantitative approach. Sampling in this study used a sample of 70 respondents. The data collection method used is a questionnaire, while the data analysis used in this study was carried out with validity tests, reliability tests, Inner Model: R-Square tests, F-Square tests, and hypothesis tests. for the Performance variable is 0.944 or 94.4%, which indicates that Training, Organizational Culture and Competence contribute 94.4% to Employee Performance, this shows that the contribution is in the substantial (significant) category, while the rest, namely 5.6% is contributed by other independent variables that are not disclosed in this research.

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