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PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS
Published by Yayasan Pusat Cendekiawan Intelektual Nusantara
ISSN : -     EISSN : 2829601X     DOI : https://doi.org/10.56107/penanomics
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 113 Documents
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THE INFLUENCE OF HUMAN RESOURCE DEVELOPMENT AND WORK ENVIRONMENT ON EMPLOYEE PERFORMANCE AT PT RUPA AESTETIKA TEKNOLOGI AKTUAL: THE INFLUENCE OF HUMAN RESOURCE DEVELOPMENT AND WORK ENVIRONMENT ON EMPLOYEE PERFORMANCE AT PT RUPA AESTETIKA TEKNOLOGI AKTUAL Akfilni, Dina Akfilni; Hasanah, Hasanah
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.v4i2.229

Abstract

The purpose of this study is to determine and analyze the influence of human resource development and the work environment together on the performance of employees of PT Rupa Aestetika Teknologi Aktual. This research can be categorized as associative research, aiming to determine the relationship between several variables. It uses primary and secondary data. The sample size is 47 employees or respondents. Data analysis used is data quality testing with validity and reliability tests, followed by classical assumption testing with normality tests, heteroscedasticity tests, and multicollinearity tests. Data analysis techniques include multiple linear regression analysis and the coefficient of determination. Finally, hypothesis testing is performed using the t-test and F-test. The results of this study vThe variables of human resource development and work environment together have a positive and significant influence on the performance of employees of PT Rupa Aestetika Teknologi Aktual, because the F value count of 714.313 where the F value count greater than F table of 714,313 > 3,093.
INTEGRATED MODEL OF EDUCATION, DA'WAH, AND SOCIAL ENGAGEMENT: A CASE STUDY OF THE AL AZHAR PARTNERSHIP NETWORK: INTEGRATED MODEL OF EDUCATION, DA'WAH, AND SOCIAL ENGAGEMENT: A CASE STUDY OF THE AL AZHAR PARTNERSHIP NETWORK Gunanto, Gunanto; Bahar, Herwina; Bahri, Saiful
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.v4i2.230

Abstract

This study investigates the integrative model of formal education, Islamic da’wah, and social engagement within the Al Azhar Islamic Foundation’s partnership network. Using a qualitative multi- case approach, four partner foundations Al Ikhwan, YAPI, Al Hayyan, and Ar-Ridho—were examined to assess how Islamic values are embedded in institutional practice. Data were collected through interviews, observations, documents, and self-assessment tools. Findings show that while all partners adopt Islamic-based educational visions, only a small portion (9%) fully integrate academic, da’wah, and social functions. Innovative programs such as Saung Ilmu, Santri Scholarships, and One Family One Graduate demonstrate how students can engage in both spiritual development and community empowerment. However, integration efforts are often limited by disparities in organizational capacity, funding dependency, and the lack of standardized operational frameworks. The study recommends strengthened governance, staff development, and sustainable financing. This research contributes to the discourse on holistic Islamic education by offering a conceptual model for faith-based educational ecosystems and practical insights for managing Islamic school partnerships effectively.
Adaptive Partnership Strategy between Private Islamic Vocational Schools and Business/Industry Enterprises in Preparing Competent Graduates: Dynamic Analysis and SWOT-Based Approach Ramdhani, Muhammad Rendi; Iswan, Iswan; Husainah, Nazifah
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.v4i2.231

Abstract

This study aims to analyze adaptive partnership strategies between private Islamic Vocational High Schools (SMK) and the Business/Industry World (DU/DI) in improving the quality of vocational education graduates relevant to job market needs. Using a qualitative approach and a multi-case study design, the research was conducted at three leading private Islamic Vocational High Schools (SMK) in Bogor Regency: SMK Ibnu Aqil, SMK Muhammadiyah 1 Cileungsi, and SMK Amaliah 2 Ciawi. Data were collected through participant observation, in-depth interviews, and documentation studies, then analyzed using the Miles, Huberman, and Saldana models assisted by Nvivo software, as well as a SWOT approach. The results show that partnership dynamics are formed through the interaction of supporting factors such as active leadership, Islamic values, and industrial partner networks, as well as obstacles such as curriculum gaps, limited productive teachers, and minimal industrial investment. All three schools implemented adaptive strategies, such as integrating religious values, digitizing learning, and strengthening international partnerships. The SWOT analysis shows that private Islamic Vocational High Schools have significant internal strengths to capitalize on opportunities, although they also face various external threats. This study concludes the importance of strengthening strategies based on local context and Islamic values ​​to achieve sustainable vocational partnerships that are responsive to the demands of modern industry.
IMPLEMENTATION OF STRATEGIC MANAGEMENT OF MADRASAH PRINCIPALS IN FORMING STUDENTS' INDEPENDENT CHARACTER (Case Study at MTs. Muhammadiyah Ciasmara, Bogor Regency) and MTs. Mathlaul Anwar 2 Bogor City): IMPLEMENTATION OF STRATEGIC MANAGEMENT OF MADRASAH PRINCIPALS IN FORMING STUDENTS' INDEPENDENT CHARACTER (Case Study at MTs. Muhammadiyah Ciasmara, Bogor Regency) and MTs. Mathlaul Anwar 2 Bogor City) Abdilah, Didih; Ahmad, Gofur; Hasanah, Hasanah
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.v4i2.236

Abstract

The leadership of a Madrasah Principal is a crucial aspect of the educational process. Likewise, the Principals of MTs. Muhammadiyah Ciasmara in Bogor Regency and MTs. Mathlaul Anwar 2 in Bogor City play a central role in shaping the character of their students. Madrasah Principals hope that noble morals reflecting Islamic character will be instilled in their students. The focus of this research is developed in two focuses as follows: (1) How does the Principal of Madrasah develop a work environment to shape the character of students at MTs. Muhammadiyah Ciasmara, Bogor Regency and MTs. Mathlaul Anwar 2, Bogor City? (2) How does the Principal of Madrasah provide satisfactory services to shape the character of independence of students at MTs Muhammadiyah Ciasmara and MTs. Mathlaul Anwar 2, Bogor City? This research uses qualitative research.field research (field research). Data collection techniques used (1) Observation, (2) Interviews, (3) Documentation. In this research, the determination of research subjects uses the technique purposive samplingIn data collection, this study used Miles and Huberman's interactive model, namely: data collection, data reduction, data presentation, and conclusion drawing. In testing the validity of the data, the researcher used triangulation, namely source triangulation, method triangulation, and peer discussion. Researchers found various activities related to various self-development of students at MTs. Muhammadiyah Ciasmara, Bogor Regency and MTs. Mathlaul Anwar 2, Bogor City, namely: (1) That the Principal of the Madrasah in developing a work environment to form the character of independence of students at MTs. Muhammadiyah Ciasmara, Bogor Regency and MTs. Mathlaul Anwar 2, Bogor CityFirst, Providing Motivation,second, Placement of teachers according to their competencies,third, Conducting a Personal Approach from the Madrasah Principal to Teachers,Fourth, Instilling spiritual values ​​in the work environment. (2) The Head of Madrasah in providing satisfactory services to shape the character of students;First, cultivation of work discipline, Second, Professional Service,third, Awarding of awards to outstanding teachers,Fourth, Teacher involvement in madrasa activities,Fifth,Conduct academic supervision of teachers.
THE INFLUENCE OF ECONOMIC GLOBALIZATION ON LEGAL POLICY IN THE PERSPECTIVE OF PEOPLE’S ECONOMY: THE INFLUENCE OF ECONOMIC GLOBALIZATION ON LEGAL POLICY IN THE PERSPECTIVE OF PEOPLE’S ECONOMY Wati, Erna; Endi, Ignasius Novie; Priambada, Bintara Sura; Sarsiti, Sarsiti; Trisnowati, Juni
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.v4i2.254

Abstract

Economic globalization has a significant impact on legal policy in Indonesia. Free trade and increased international investment demand adjustments and harmonization of national laws to be competitive and protect national interests. The current global economic impact faces increasing uncertainty. Several factors are driving this, the most significant of which are geopolitical conflicts between several countries, escalating trade wars, declining economic growth prospects in many countries, and global inflation. The global economy refers to the entire world economic system, which involves interactions and interdependence between various countries through trade, investment, and capital flows. Therefore, Indonesia can capitalize on the opportunities of globalization to achieve sustainable and inclusive economic growth, while minimizing its negative impacts, by upholding the constitutional mandate of a people-oriented economy with active community participation.
IMPROVING EMPLOYEE PERFORMANCE THROUGH JPB SATISFACTION: THE EFFECT OF TRAINING AND WORK ENVIRON: IMPROVING EMPLOYEE PERFORMANCE THROUGH JPB SATISFACTION: THE EFFECT OF TRAINING AND WORK ENVIRON Rahmawan, Huda Setia; Husainah, Nazifah
PENANOMICS: International Journal of Economics Vol. 3 No. 3 (2024): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v3i3.210

Abstract

The research aims to determine the effect of training and work environment on employee performance through job satisfaction as an intervening variable at PT. Sayusan Maritime Sailing. This research uses quantitative methods. The data used in this research is secondary data. The population in this research is the Company's employees, namely the ship's crew, totaling 133 people. The samples were selected from classifications based on age, length of work and educational status. The sample was selected using the Non Probability sampling method. Partial research results found that training has an effect on job satisfaction, training has no effect on employee performance, job satisfaction has no effect on performance, the work environment has a positive effect on job satisfaction, the work environment has no effect on performance, training and the work environment have no effect on performance through satisfaction work as an intervening variable.
The ROLE OF RELIGIOSITY IN ENCOURAGING SUSTAINABLE MANAGEMENT PRACTICES TO IMPROVE MSME BUSINESS PERFORMANCE Kemala, Sri; Wahab, Nadratun Nafisah Abdul
PENANOMICS: International Journal of Economics Vol. 4 No. 3 (2025): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i3.267

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a strategic role in the economy, yet face challenges in maintaining economic, social, and environmental sustainability amidst increasingly fierce business competition. The importance of this research lies in understanding the internal factors that can strengthen sustainable management practices, one of which is religiosity. This study aims to analyze the role of religiosity in encouraging sustainable management practices to improve MSME business performance. This research uses a literature review approach, with data sources obtained from reputable academic databases such as Scopus, ScienceDirect, JSTOR, Emerald Insight, and Google Scholar. The results of the study indicate that religiosity, both intrinsic and extrinsic, plays a significant role in shaping managers' ethical behavior, strengthening a sustainable organizational culture, and improving governance, innovation, and stakeholder relations. This has a positive impact on overall business resilience and performance. In conclusion, religiosity serves as a moral and strategic foundation capable of addressing sustainability challenges through the integration of ethical values ​​into managerial practices. This research contributes to the development of the concept of religious-based sustainable management and opens up further research directions to test empirical models of the relationship between religiosity and sustainable performance in various MSME sectors.
The Influence of Price Perception and Perceived Product Quality on Consumer Satisfaction of Detergent Brand XYZ in Medan Julitawaty, Wily; Fenny; Januarty, Widalicin; Taufik, Yusuf; Sjukun
PENANOMICS: International Journal of Economics Vol. 4 No. 3 (2025): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i3.269

Abstract

This study investigates the influence of price perception and perceived product quality on customer satisfaction with detergent brand XYZ. Using a quantitative approach and Partial Least Squares Structural Equation Modeling (PLS-SEM), data were collected through a structured questionnaire administered to consumers who regularly use the brand. The measurement model demonstrated acceptable reliability and validity, while the structural model revealed substantial explanatory power, with an R² value of 0.431 for customer satisfaction. The findings indicate that both price perception and perceived product quality significantly and positively influence customer satisfaction. Perceived product quality exhibited the stronger effect, as reflected by higher f-square values and path coefficients. The combined influence of both variables also proved significant, confirming that customer satisfaction is shaped by the interplay of consumers’ value perceptions and product performance assessments. These results highlight the importance for detergent manufacturers to maintain competitive pricing strategies while consistently delivering high product quality. The study concludes with managerial implications and suggests avenues for future research, including expanding the model with additional variables and using more diverse samples to enhance generalizability.
UNEMPLOYMENT INSURANCE RESEARCH AND THE GOVERNANCE OF INDONESIA’S JOB LOSS GUARANTEE PROGRAM: A GLOBAL BIBLIOMETRIC ASSESSMENT AND SYSTEMATIC LITERATURE REVIEW: UNEMPLOYMENT INSURANCE RESEARCH AND THE GOVERNANCE OF INDONESIA’S JOB LOSS GUARANTEE PROGRAM: A GLOBAL BIBLIOMETRIC ASSESSMENT AND SYSTEMATIC LITERATURE REVIEW Iskandar, Adriyansya; Hamzah, Muhammad Zilal; Sofilda, Eleonora; Nurhayati, Nurhayati
PENANOMICS: International Journal of Economics Vol. 4 No. 3 (2025): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i3.271

Abstract

This study analyses global research trends on unemployment insurance (UI) alongside Indonesia’s Job Loss Guarantee programme (Jaminan Kehilangan Pekerjaan/JKP) by integrating bibliometric analysis and a systematic literature review. Drawing on 16,181 Scopus-indexed publications from 2010 to 2025, the bibliometric findings indicate a clear transition from early conceptual debates to rapid scholarly expansion after 2018, largely triggered by the COVID-19 pandemic and subsequent labour market reforms. Recent research increasingly focuses on adaptive UI systems that emphasise activation policies, digital governance, and reemployment support. A PRISMA-guided review identifies seven empirical studies relevant to Indonesia, examining ALMPs, JKP implementation, labour mobility, behavioural responses to job loss, unemployment forecasting, and skilled-worker vulnerability. Overall, Indonesia’s contribution to UI scholarship remains modest and predominantly descriptive, with limited methodological depth. Persistent challenges include weak institutional coordination, low public awareness of JKP, mismatched training provision, and restricted access for informal workers. The study highlights critical research gaps in impact evaluation, policy integration, and regional variation. Policy recommendations stress stronger governance coordination, data-driven activation mechanisms, and targeted skills development to enhance labour market protection in Indonesia.
QUALITY MANAGEMENT ANALYSIS IN ISLAMIC RELIGIOUS EDUCATION TEXTBOOKS UPPER SECONDARY SCHOOL CHARACTER EDUCATION ORIENTED: QUALITY MANAGEMENT ANALYSIS IN ISLAMIC RELIGIOUS EDUCATION TEXTBOOKS UPPER SECONDARY SCHOOL CHARACTER EDUCATION ORIENTED Mustaqim, Mustaqim; Masyitoh, Masyitoh; Adawiyah, Rabiatul
PENANOMICS: International Journal of Economics Vol. 4 No. 3 (2025): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v4i3.272

Abstract

This study aims to analyze the quality management of Islamic Religious Education (PAI) textbooks for Senior High Schools (SMA) that are oriented towards character education. The focus of the study is directed at how the planning, implementation, supervision, and evaluation of the quality of PAI textbooks are carried out in accordance with the educational quality standards and character values ​​mandated in the national education policy. This study uses a qualitative approach with descriptive analysis methods. Data were collected through document studies of PAI textbooks for Senior High Schools published by the Ministry of Primary and Secondary Education, in-depth interviews with book authors, editors, and PAI teachers, and observations of book use in the school environment. The results of the study indicate that the quality management of Islamic Religious Education textbooks has met the principles of Total Quality Management (TQM). In terms of planning, the textbooks have been compiled in accordance with curriculum standards, but the systematic integration of character values ​​has not been optimal. In terms of implementation, the writing and editing processes have followed academic publishing mechanisms, but there is still an imbalance between the cognitive, affective, and psychomotor dimensions. In terms of supervision, the quality assurance system has not been implemented in an integrated manner between the author's institution, publisher, and book users. Meanwhile, in terms of evaluation, feedback from teachers and students has not been used effectively to improve the quality of content and learning design. This study concludes that improving the quality of Islamic Religious Education textbooks based on character education requires synergy between managerial, pedagogical, and spiritual aspects. The main recommendation is the need for a quality management model for Islamic Religious Education textbooks that emphasizes the integration of character values ​​in every stage of quality management, from planning to evaluation. The findings of this study are expected to serve as a reference for policymakers, textbook authors, and educators in developing quality and character-based Islamic Religious Education textbooks.

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