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Media Ekonomi
Published by Universitas Trisakti
ISSN : 08533970     EISSN : 24429686     DOI : 10.25105/me
Core Subject : Economy, Education, Social, Engineering,
Chemical Engineering, Chemistry & Bioengineering Economics, Econometrics & Finance Environmental Science Social Sciences Other
Media Ekonomi is published by Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. Since 2002, three times a year, (April, August, and December). This journal was accredited by Dikti of 2005-2008, and start from 2016, we change the publication frequency to twice a year (April and October). The aim of Media Ekonomi to disseminate research result in economics. This journal did not give limitation on research method, both of quantitative and qualitative can be accepted and the data from primary, secondary, and literature review. The article that was submitted can be used Bahasa or English. The decision for acceptance depends on blind review results. Several criteria to be accepted are: originality, novelty, proper research method and give real contribution for theory development, or future research or practitioners. This journal is Open Access journal. This journal allows readers to read, download, copy, distribute, print, search or link to the full texts or its articles and to use them for any other lawful purpose.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 300 Documents
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KEMISKINAN DAN PREVALENSI STUNTING DI KABUPATEN GARUT Bayu Kharisma; Langgeng Bangkit Utomo; Fitria Amiria Zahra; Damar Vergiyantoro; Ckris Monika Selina; Sivananda Prichantiyo; Bima Adellano; Anita; Adhitya Wardhana; Nensi Khairunnisa10
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/k84z7313

Abstract

To analyze the effect of poverty on the prevalence of stunting in various regions in Garut Regency, and to evaluate the effectiveness of economic empowerment programs in reducing stunting rates. This research employs a quantitative approach, specifically Logical Framework Analysis (LFA), Panel Data Analysis, Problem Tree Analysis, SWOT Analysis, and Litmus Test. The results show a positive relationship between poverty level and stunting prevalence. In addition, economic factors that contribute to reducing stunting include increased family income, improved access to health services, and supplementary feeding programs. Economic empowerment programs are effective in reducing stunting by increasing families' ability to meet children's nutritional needs. 
ANALYSIS OF FACTORS AFFECTING THE VOLUME OF COTTON IMPORTS IN INDONESIA Anggita Farah Adiba; Sishadiyati
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/gy2zjn30

Abstract

The textile and textile product industry is a strategic sector in Indonesia that is highly dependent on cotton imports, most of its cotton fibre requirements sourced from international markets. This dependence arises from limited domestic cotton production, primarily due to land-use conversion for more profitable crops, pest infestations, and unfavourable climatic conditions for cotton cultivation. This study aims to investigate the effects of domestic cotton production, international cotton prices, and textile exports on cotton imports in Indonesia during the period 2009 to 2023. This study employs a quantitative approach to analyze the factors influencing cotton imports in Indonesia, utilizing time series data covering the period from 2009 to 2023, with cotton import volume (tons) specified as the dependent variable, while domestic cotton production (tons), international cotton prices (USD/ton), and textile exports (tons) were included as independent variables. The empirical findings demonstrate that domestic cotton production has a positive and statistically significant impact on the volume of cotton imports. Similarly, textile exports exert a positive and significant influence on cotton import volumes. In contrast, international cotton prices do not have a significant effect. This is due to the low level of domestic cotton production, which is insufficient to meet the demands in Indonesia. The limited domestic supply forces the industry to rely heavily on imports, regardless of fluctuations in international cotton prices.
SUSTAINABLE STRATEGY FOR DANANTARA: POSITIONING INDONESIA’S SOVEREIGN WEALTH FUND FOR GLOBAL COMPETITIVENESS AND RESPONSIBILITY Rossa Esyam
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ahcbv588

Abstract

This study aims to formulate a sustainable strategy for Danantara, Indonesia’s newly launched sovereign wealth fund (SWF), to become a globally competitive and responsible investment entity. It investigates how Triple Bottom Line (TBL) can guide Danantara in achieving long-term economic, social, and environmental goals. This research uses qualitative descriptive analysis supported by strategic frameworks such as PESTEL, VRIO, CPM, SWOT, and QSPM. The data was synthesized from policy documents, strategic reports, and literature on SWF best practices (e.g., Temasek, Khazanah). TBL and ESG principles were applied to evaluate Danantara’s investment posture. The analysis reveals that Danantara’s large initial capital and political support provide strategic strength, yet internal inexperience and governance risks pose challenges. Strategy B (phased consolidation with internal strengthening and partnerships) is identified as the most sustainable path forward. This strategy aligns with Triple Bottom Line (TBL) principles by promoting inclusive governance that supports social well-being (People), ensuring investment prudence and financial sustainability (Profit), and maintaining a strong commitment to environmental responsibility (Planet).
DETERMINANTS OF FIRM VALUE IN INDONESIA’S FINANCIAL SECTOR DURING THE POST-PANDEMIC TRANSITION Vivi Apriliyani; Surya Raharja
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v32i2.23723

Abstract

The period of 2020–2023 marked a unique phase for Indonesia’s financial sector, characterized by post-pandemic recovery, accelerated digital transformation, and shifts in investor preferences away from traditional indicators such as firm scale and leverage. This study aims to examine the influence of capital structure, firm size, and profitability on firm value in this transitional context, highlighting how these factors operate differently in a dynamic and regulated market environment. This research employs a quantitative causal–explanatory design using panel data from 90 financial sector companies listed on the Indonesia Stock Exchange for the period 2020–2023. Firm value is measured by Price to Book Value (PBV), with capital structure proxied by Debt to Equity Ratio (DER), firm size by the natural logarithm of total assets, and profitability by Return on Equity (ROE). The findings reveal that profitability positively and significantly affects firm value, while firm size shows a significant negative effect, and capital structure has no significant impact. These results indicate that, in the post-pandemic recovery phase, investors prioritize operational performance and profitability over firm scale or leverage. The study offers theoretical contributions by re-examining classical financial theories in the context of an emerging economy and practical recommendations for corporate managers and investors to focus on enhancing profitability, agility, and innovation to sustain firm value.
KOORDINASI DAN TANTANGAN IMPLEMENTASI PROGRAM MAKAN BERGIZI GRATIS (MBG) ANAK SEKOLAH MELALUI PELIBATAN UMKM PEREMPUAN DI BOGOR Renea Shinta Aminda; Indupurnahayu; Trisno Nugroho
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v33i1.24276

Abstract

This study aims to analyze the implementation of the Free Nutritious Meals (MBG) program in Bogor City, with a specific focus on involvement of women-led micro, small, and and medium enterprises (MSMEs). The study employed a mixed methods approach with a parallel convergent design. The research was conducted in Bogor City, Indonesia, with data collection carried out between July and September 2025. Primary data were obtained through in-depth interviews with three key institutions: the Education Office, the Cooperatives and MSMEs Office, and the Asperbang (Indonesian Agency for the Development of Women's Empowerment and Development), complemented by a survey of 16 women-owned MSMEs in the food sector in Bogor. Secondary data were obtained from official government reports on program beneficiaries and MSME databases. Quantitative data were analyzed using descriptive statistics, while qualitative data were used to identify coordination mechanisms, institutional gaps, and barriers to MSME participation. The research findings reveal a significant gap between policy design and implementation of the MBG program. Although the program aimed to involve women-owned MSMEs, its implementation was largely centralized under national-level authorities, with no clear standard operating procedures (SOPs), limited integrated data, restricted information access, and weak cross-agency coordination. As a result, most women-owned MSMEs were unaware of participation pathways despite strong interest, indicating that limited involvement stemmed from institutional design constraints rather than capacity limitations.
DETERMINAN MAKRO DAN MIKRO PENYERAPAN TENAGA KERJA SEKTOR INFORMAL DI INDONESIA Ilham Nugraha; Sutyastie Sumitro; Eva Ervani
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v33i1.24294

Abstract

Indonesia’s demographic dividend presents an opportunity for economic growth, yet its potential is constrained by persistently high labor informality. This study analyzes the micro- and macro-level determinants of informal employment in Indonesia. This study applies a quantitative multilevel approach by combining microdata from the 2024 National Labor Force Survey (Sakernas) with provincial panel data for 34 provinces over the period 2020–2024. A binary logistic regression is used to examine individual-level determinants of informal employment, while a fixed effects model estimates the impact of regional economic growth, minimum wages, ICT skills, and the number of established entrepreneurs. At the micro level, education, age, gender, marital status, and place of residence significantly influence the likelihood of informal employment. Higher education reduces informality, while older age and rural residence increase it. At the macro level, economic growth is positively associated with informal employment, indicating that growth has not yet translated into inclusive formal job creation. ICT skills significantly reduce informality, while minimum wages show no significant effect. The number of established entrepreneurs negatively affects informal employment, suggesting that business maturity supports labor formalization. Overall, labor informality in Indonesia is shaped by the interaction between individual characteristics and regional structural factors.
DEVELOPMENT OF A SUSTAINABLE WATER ADVENTURE TOURISM MODEL IN INDONESIA R. A. Amalia Yunita; Arief Faizal Rachman; M. Husen Hutagalung; Rianto
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v33i1.24295

Abstract

This study examines the management processes of water adventure tourism operators in Indonesia and their contribution to sustainable development. It specifically analyzes the effects of governance, environmental sustainability, and social equity and cultural vitality on economic prosperity and sustainable adventure tourism development, while also considering the moderating role of government policy and the mediating role of economic prosperity. The research employs a quantitative approach using Structural Equation Modeling–Partial Least Squares (SEM-PLS) to test both direct and indirect relationships among variables. Data were collected through purposive sampling from 130 water adventure tourism operators across six destinations in Indonesia. The findings reveal that governance does not directly influence economic prosperity or sustainable tourism development. However, government policy strengthens the positive relationship between governance and economic prosperity, although it does not moderate its effect on tourism development. Environmental sustainability shows no significant effect on economic prosperity but has a positive impact on sustainable tourism development, with no moderating role of government policy. In contrast, social equity and cultural vitality significantly and positively influence both economic prosperity and sustainable tourism development, although government policy does not moderate these relationships. Furthermore, economic prosperity positively affects sustainable tourism development but does not act as a mediator in the model. Overall, the study highlights the critical role of social and cultural dimensions in achieving sustainable tourism, while the role of government policy remains limited and selective.
ANALYSIS OF THE EFFECT OF CREDIT RESTRUCTURING, NIM, AND CKPN ON NPL (2020–2024) Sri Nur Fadhilah; Muhammad Zilal Hamzah; Giri Tri Broto
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v33i1.25465

Abstract

This study aims to analyze the effect of credit restructuring, NIM, and CKPN on NPLs at commercial banks in Indonesia during the 2020–2024 period by comparing the Covid-19 and post-Covid-19 periods. The study used a quantitative approach. The independent variables include credit restructuring, Net Interest Margin (NIM), and Allowance for Impairment Losses (AIL), while the dependent variable is Non-Performing Loans (NPL). The data used is secondary panel data from the financial reports of 10 commercial banks for the period 2020–2024, which is analyzed using panel data regress. The results show that credit restructuring played a role in suppressing the increase in NPLs during the pandemic, but its effectiveness declined in the post-pandemic period. NIM and CKPN were found to have an impact on NPLs and to be important factors in credit risk management and banking performance stability.
STRATEGI MANAJEMEN RISIKO DALAM EKOSISTEM FINTECH: PENDEKATAN SYSTEMATIC LITERATURE REVIEW (SLR) Eka Suryana; Muhammad Zilal Hamzah; Eko Retno Indriyarti
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v33i1.25528

Abstract

This study aims to systematically analyze risk management strategies within the fintech ecosystem by emphasizing the dimensions of technology, governance, and regulation. This study employed a Systematic Literature Review (SLR) approach, adhering to the PRISMA 2020 framework, to ensure a transparent and systematic literature selection process. In the identification stage, researchers collected 645 articles from Google Scholar, Scopus, and DOAJ databases spanning 2015–2025 using keywords related to risk management and fintech. Subsequently, a screening stage was conducted by filtering out duplications and selecting relevant titles and abstracts, significantly reducing the number of articles. In the eligibility stage, the remaining articles were fully reviewed based on inclusion criteria such as topic relevance, publication quality, and adequate data availability. In the inclusion stage, 24 articles were selected for further analysis using a thematic approach to identify patterns of risk management strategies in the fintech ecosystem. The findings indicate that fintech risks are classified into three main dimensions, namely technological, institutional, and regulatory risks. The most adaptive mitigation strategies are associated with the application of ISO 31000 and COSO Enterprise Risk Management (ERM), emphasizing the integration of risk supervision, organizational governance, and digital technology. Furthermore, effective fintech risk management is strongly influenced by collaboration among regulators, industry players, and the public in creating transparent, responsive, and inclusive supervisory systems. Compared to previous studies, this research offers a more comprehensive synthesis by integrating risk governance frameworks with emerging digital approaches such as RegTech and SupTech, and highlights the importance of combining technological innovation, internal governance, and cross-sector collaboration into a unified risk management model within the fintech ecosystem.
ANALISIS SISTEMATIS PENERAPAN MANAJEMEN RISIKO TERINTEGRASI PADA PRODUK GARANSI BANK DI INDONESIA: PENDEKATAN SLR Rendi Apriandi; Muhammad Zilal Hamzah
Media Ekonomi Vol. 33 No. 1 (2025): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/v33i1.25565

Abstract

This study aims to analyze the implementation of integrated risk management in Bank Guarantee (GB) products in Indonesia within the banking sector using a Systematic Literature Review (SLR) approach based on PRISMA 2020. This study employs a qualitative SLR method using PRISMA 2020 guidelines. Data were collected from Scopus, Web of Science, and Google Scholar databases, yielding 340 identified articles, of which 25 met the inclusion criteria. The analysis was conducted using thematic analysis to identify patterns in the relationship between ERM, GCG, and GB risk management. The findings indicate that the implementation of ERM effectively identifies and controls multidimensional risks in GB products, while Good Corporate Governance strengthens ERM effectiveness through improved transparency, accountability, and oversight. The integration of ERM and GCG is associated with more stable guarantee volumes and lower claim ratios, contributing to adaptive and sustainable banking risk management systems. This study contributes to the literature by specifically examining the integration of ERM and GCG in the context of Bank Guarantee products, which remains underexplored in the existing literature.

Page 30 of 30 | Total Record : 300

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