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Raden Rudi Alhempi
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Jl. Ketitiran No. 05 Kecamatan Sukajadi, Pekanbaru, Provinsi Riau
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INDONESIA
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 EFFECT OF COMPENSATION, WORK DISCIPLINE AND MOTIVATION ON EMPLOYEE PRODUCTIVITY IN THE SERVICE PEKANBARU CITY MSME COOPERATIVE Hendri Arulan; Ibnu Ramadhan Imanuullah; Sabri
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.94

Abstract

The purpose of this study was to determine the effect of compensation on employee productivity at the Department of Cooperatives of UMKM in Pekanbaru City. To determine the effect of motivation on employee productivity at the Department of Cooperatives of SMEs in Pekanbaru. This study aims to determine the effect of compensation, work discipline and motivation on employee productivity at the Pekanbaru City UMKM Cooperative Service. The method in this study using a quantitative approach. The data analysis technique in this study used the classical assumption test, multiple linear regression, hypothesis testing (t test and F test), and the coefficient of determination. Based on the results of the study, it showed that the partial compensation had a significant effect on the employees of the Pekanbaru City UMKM Cooperative Service. The results of this study indicate that work discipline has a significant effect on employees of the Pekanbaru City UMKM Cooperative Office. The results of this study indicate that motivation partially has a significant effect on employees of the Pekanbaru City UMKM Cooperative Service. Based on the results of this study, compensation, work discipline and motivation simultaneously affect employee productivity at the Department of Cooperatives of UMKM in Pekanbaru City.
THE INFLUENCE OF ELECTRONIC WORD OF MOUTH AND SOCIAL MEDIA MARKETING ON BRAND IMAGE AND PURCHASE INTENTION OF E-COMMERCE COSMETIC PRODUCTS Jayad, Ismed; Wahyu, Agung; Sumardi
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.95

Abstract

In the digital age, electronic word of mouth (eWOM) and social media platforms have dramatically transformed consumer behavior and marketing strategies. This study explores the impact of eWOM and social media marketing on brand image and consumer purchase intentions within the e-commerce cosmetic market in Indonesia. The study aims to understand the mechanisms through which these digital marketing strategies affect consumer perceptions and behaviors in a local cultural context. Using a quantitative causality research approach, the study sampled 260 respondents through purposive sampling and employed SEM-PLS for data analysis. The findings reveal that both eWOM and social media marketing significantly enhance brand image, which in turn positively influences purchase intentions. However, social media marketing alone did not show a significant direct effect on purchase intentions, highlighting the mediating role of brand image. This research provides valuable insights for marketers to optimize digital strategies, enhance consumer engagement, and build a competitive edge in the e-commerce cosmetic market.
HIGHER EDUCATION GOVERNANCE ANALYSIS (EMPIRICAL STUDY ON MUHAMMADIYAH UNIVERSITY IN JAKARTA) Haris Sarwoko
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.96

Abstract

Functioning of the role of group manager in the management of the organization can improve productivity. However, the function is also a phenomenon in the relationship between principals and agents, where there is a divergence of interests between owners and managers of organizations who then create the agency problem, because basically the agent has their own interests. This is where the role of control is needed to suppress agency problems. Departure from this idea, the research aim is to understand the mechanisms of control and rational behavior of agents in the practices of elections, financial reporting, and compensation. The study concludes: 1) the norms and cultural values appear to be more prominent than economic value in the control mechanism. Norms and values restrict the organization's behavior and justify the sanction for any inappropriate behavior in the system. Lack of commitment and socialization occur relatively high on the system of organization members who continually give up some or all personal interests to become a member of Muhammadiyah; 2) the rationality that is developed within the organization is a form of mental construction agent based on social experience, character local and specification. Muhammadiyah values tradition that was developed by Ahmad Dahlan have become the source of agent, especially in the rationalization measures gain legitimacy from the environment.
IMPACT OF CORPORATE OWNERSHIP CONTROL AGAINST COMPANY VALUE Iskandar Zulkarnain; Riyanti; Sampor Ali; Erika Angelina
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.97

Abstract

This research is expected to improve theories related to company value. Jensen and Meckling (Jensen and Meckling) point out that agency theory is a theory of unequal interests between the party granting the authorization (principal), i.e. the investor, and the party receiving the authorization (agent), that is, the manager. As a company manager, the manager is accountable to the owner, which will affect the funds of the investor's or creditor's company. This research uses a quantitative approach. The main data needed is secondary data derived from the company's Annual report within 6 years, namely from 2015-2020 obtained from IDX or the website of each company The research population is 30 companies listed on the IDX data collected using the documentation method. The results showed that, that Ho was accepted and Ha was rejected, meaning that the Institutional Ownership variable had no effect and was not significant to the value of the company. Then Ho is accepted and Ha is rejected, meaning that the Concentrated Ownership variable has a positive and significant effect on the value of the company. And there is an influence of Institutional Ownership and Concentrated Ownership together as having a significant effect on the value of the company.
THE EFFECT OF PRICES AND PROMOTIONS ON LUTI DRUM BUYING DECISION IN TANJUNG PINANG Herri Sumantoro; Muhammad Imam Tabrani; Sabri
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.99

Abstract

This study aims to test the effect of price and promotion on the purchasing decision of Luti Gendang in Tanjung Pinang. The repondents in this study are consumers in Tanjung Pinang. The number of respondents in this study was 100 respondents. Sampling is carried out by purposive sampling technique. This study used multiple linear regression analysis techniques with SPSS as an analysis tool. The results of multiple linear regression tests showed that: 1) The price partially had a significanteffect on the purchasing decision of Luti Gendang in Tanjung Pinang. 2) Promotion partially affects the purchase decision of Luti Gendang in Tanjung Pinan
EFFECT OF OPERATING CASH FLOW AND ACCOUNTING PROFIT ON STOCK RETURN: (Case Study of LQ-45 Company in Indonesia Stock Exchange) Intan Juniarti; Bambang Satriawan
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.102

Abstract

This research aims to examine: (1) The Influence of Operating Cash Flow to Stock Return in 2013-2016, (2) The influence of Accounting Profit to Stock Return in 2013-2016, (3) The Influence of Operating Cash Flow and Accounting Profit Together to Stock Return in 2013-2016. The data in this research is secondary data obtained from the company's annual financial statements in the Indonesian Stock Exchange (IDX). This type of research is the research of causality. This research was conducted by using sample of 24 LQ-45 companies listed in Indonesia Stock Exchange during the period 2016 to 2019. The data analysis techniques used are descriptive statistics, classical assumption test, simple linear regression analysis and analysis multiple linear regression. Based on hypothesis testing by using t test, it is concluded that Operating Cash Flow is not positive influence on Stock Return and Accounting Profit have positive effect on Stock Return. Based on F test it is concluded that Operating Cash Flow and Accounting Profit simultaneously have a positive effect on Stock Return
INTELLECTUAL CAPITAL AND COMPANY VALUE IN MINING COMPANIES ON THE INDONESIA STOCK EXCHANGE Azimah Hanifah; Iskandar Zulkarnain; Riyanti; Dea Herliyana
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.103

Abstract

This study is aimed at analyzing the influence of Intellectual Capital and Company Value on Mining Companies (Metal and Mineral Sub-Sector) listed on the Indonesia Stock Exchange (IDX) peride 2015-2020. The sample of this study used four companies obtained using the purposive sampling method, namely PT. Antam, PT Cita, PT. DKFT and PT Tins. The variables used, for the Dependent variable, namely Company Value (TobinsQ) and Independent variables (Intellectual Capital) which consist of Value Added Capital Employeed (VACA), Value Added Human Capital (VAHU), Stuctural Capital Value Added (SCVA) and Value Added Intelectual Coeficient (VAIC). The results of the VACA study have a positive and sig effect, VAHU has a negative and significant effect, STVA has a negative and significant effect and CVIA has a positive and significant effect. The value of R square of 0.384 means that 38.4 %. The value of the company is determined by the variable intellectual capitaland the remaining 61.6% is determined by other variables that did not participate in this study.
THE EFFECT OF HUMAN RESOURCE DEVELOPMENT ON EMPLOYEE PERFORMANCE AT PT. NUSANTARA PLANTATION V PEKANBARU Zakaria; Aisyah Rahman; Suyatni
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.104

Abstract

The purpose of this study was to determine the effect of human resource development on employee performance. This research was conducted with the title "The Influence of Human Resource Development on Employee Performance at PT. Nusantara V Pekanbaru Plantation". The population of this study is only part of the data information that the average number of employees at PT. Perkebunan Nusantara V Pekanbaru about 153 people, the determination of the sample using the census technique method, namely the population was used as the research sample. Therefore, the sample used in this study were 42 respondents, drawn from the human resources, finance and accounting sections and the procurement and IT departments. Data collection techniques in this study used questionnaires and interviews. The data analysis in this study is descriptive analysis and simple linear regression analysis with SPSS version 25 application tools. The results show that partially human resource development variables have a positive and significant effect on employee performance at PT. Perkebunan Nusantara V Pekanbaru, and the results shown in simple linear regression show that the human resource development variable has a positive influence on employee performance at PT. Nusantara V Pekanbaru Plantation.
THE INFLUENCE OF COMPANY SIZE, ASSET GROWTH, AND SALES GROWTH ON CAPITAL STRUCTURE IN THE AUTOMOTIVE SUB-SECTOR AND AUTOMOTIVE COMPONENTS IN THE INDONESIA STOCK EXCHANGE FOR THE 2016-2021 PERIOD Iskandar Zulkarnain
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.115

Abstract

This study aims to determine and analyze the effect of company size, asset growth, and sales growth on capital structure in the automotive and automotive components sub-sector on the Indonesia Stock Exchange for the 2016-2021 period.This study uses secondary data with associative quantitative research methods. The total population used in this study were 7 companies. The sampling technique in this study uses the techniquepurposive sampling which determines the criteria to be applied to a sample of 11 companies.The results showed that company size has a positive but not significant effect on capital structure, asset growth has a positive and significant effect on capital structure, and sales growth has a negative but not significant effect on capital structure.
ANALYSIS OF LOCAL ORANGES COMPETITIVENESS AGAINST IMPORTED ORANGES: COMMUNITY PERCEPTIONS IN DKI JAKARTA Fadhil Sitoda Syahadi; Osni Erza
PENANOMICS: International Journal of Economics Vol. 2 No. 1 (2023): April
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v2i1.116

Abstract

This study aims to analyze the competitiveness of local oranges fruits and imported oranges fruits: community perceptions in DKI Jakarta using the LISREL 8.80 and SPSS 25 processing tools, followed by a SWOT analysis. The variable used is a latent variable, namely the Competitiveness of Local Oranges against Imported oranges, Community Social Status, Quality of Oranges, and Price of Oranges. The data comes from surveys through questionnaires that are distributed to people in DKI Jakarta who consume local orange fruits and imported oranges fruits. The results of the study showed that the social status of respondents occupied in determining local orange fruit was 3.98% greater, compared to buying imported oranges was as much as 3.90%. , While buying imported oranges is 3.92. From the many opinions of respondents, the price of oranges in traditional markets is cheaper. Respondents choose local oranges at 3.94, compared to imported oranges are 3.79. Then the SWOT is its strength, namely that many people buy local oranges with recommendations from family, friends, and other people, and many people like the local oranges because the prices are very affordable, the weakness is that many of them still choose their imported oranges to buy. like, and also because the skin of the fruit is very beautiful and the sweetest. The opportunity is that local orange fruit traders have the opportunity to market their local oranges fruit as usual because many people want it, and the disadvantage is that some people still look at their orange peel because they think that when they see a good orange peel it means that the oranges are very sweet and fresh to consume, which is shown in imported oranges fruits.

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