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Bincar Nasution
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+6285360415005
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International Journal of Economics (IJEC)
ISSN : -     EISSN : 2961712X     DOI : https://doi.org/10.55299/ijec
Core Subject : Economy,
International Journal of Economics (IJEC) E-ISSN. 2961-712X is a refereed publication that comes to address the Economic and Administration challenges that economic units of various nature face in today’s rapidly changing international economic environment. It is designed to publish original and high quality research work that will cast light in contemporary issues and will pave the way for the application of mould-braking solutions. IJEC’s general scope is to stimulate, promote and disseminate contemporary research that will have a significant impact on the theory and practice of Businesses, Public Organizations and other Institutions. IJEC’s aims to bridge the gap between theoretical developments and applied, policy-oriented research, becoming the ideal vehicle of advancing innovative ideas in the framework of entities’ economic management and general administration. In this context, the International Journal of Economics (IJEC) is bound to have a distinctive interdisciplinary profile, destined to cover a wide variety of topics spanning from Business Economics to Management, Finance, Accounting, Insurance, Risk Management, Auditing, Banking, International Economics, and Social Science. The ultimate mission of the International Journal of Economics (IJEC) is to constitute a valuable resource of scientific knowledge and applied research results for academics, practitioners and policy-makers becoming an indispensable ally in tackling modern economy’s challenges.
Articles 150 Documents
Search results for , issue "Vol. 3 No. 2 (2024): July-December" : 150 Documents clear
Digital Transformation and Efficiency of Sharia-Based HR Management on MSME Performance with Organizational Culture Moderation: A Quantitative Study in Cileungsi Kumala, Destiana
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1026

Abstract

Digital transformation has become a crucial factor in enhancing the competitiveness of micro, small, and medium enterprises (MSMEs) in the era of globalization. Digital technology enables MSMEs to innovate, improve efficiency, and expand markets. However, many MSMEs face challenges in adopting this technology, such as limited resources and resistance to change. Sharia-based human resource management (HRM), which emphasizes justice and welfare, can provide solutions in creating a productive and harmonious work environment. This study aims to fill the gap in the literature regarding the interaction between digital transformation and Sharia HRM on MSME performance, with the moderation of organizational culture. The research method uses a quantitative approach with a case study on MSMEs in Cileungsi, involving 100 randomly selected respondents. Data were collected through questionnaires and analyzed using SEM-PLS. The SEM test results show that digital transformation and Sharia HRM have a significant effect on MSME performance. Organizational culture has a strong moderating role, strengthening the positive impact of digital transformation and Sharia HRM on MSME performance. The results indicate that the integration between digital transformation and Sharia HRM, supported by a strong organizational culture, can enhance productivity, operational efficiency, as well as employee satisfaction and motivation. This study emphasizes the importance of adopting digital technology and applying Sharia principles in HRM to improve MSME performance, with organizational culture as an essential supporting factor. These findings provide practical guidance for MSME actors in developing strategies that improve efficiency and employee welfare.
Implementation of Maqashid Syariah in Preparing Financial Reports for Sharia Financial Institutions: Study at BPRS Al Salaam Cileungsi Wijandari, Ana
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1032

Abstract

The aim of this research is to analyze how maqashid sharia is implemented in preparing the financial reports of BPRS Al Salaam Cileungsi. The research method used was a descriptive qualitative approach, through field research by examining published sharia financial reports and conducting interviews with management. Objectives in preparing sharia financial reports at BPRS Al Salaamin accordance with maqashid sharia, namely to fulfill the goal comprehensively in providing useful information to stakeholders. The objectives of sharia financial reporting include three levels, namely primary (dharuriyat), secondary (tahsiniyah), and tertiary (hajiyat). The primary aspect is very useful in providing financial information, that all financial institution activities come from halal sources. Meanwhile, the secondary aspect is able to provide additional information regarding compliance with sharia principles, as a form of protection for property development through contracts that comply with sharia principles. In the aspect of fulfilling the tertiary level, it shows that there is an urgency in presenting the assets owned by BPRS Al Salaam in a transparent and accountable manner, as an effort to be accountable to humans and Allah SWT, so as to provide benefits to more people. Compliance with these three aspects of maqashid sharia is a manifestation of benefit in the management of BPRS Al Salaam.
The Influence of Green Advertising, Green Products, and Social Media on Purchasing Decision Sariah; Halik, Abdul; Prastiwi, Estik Hari
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1034

Abstract

Problems regarding the environment are starting to become one of the main factors of concern to society today. Likewise, there are various steps taken by the government to overcome environmental problems, such as creating policies stating that companies must produce environmentally friendly products. The purpose of this research is to determine the influence of Green Advertising, Green Products, Social Media on purchasing decisions for Starbucks Coffee Surabaya consumers. This research uses quantitative methods with primary data sources obtained from distributing questionnaires via Google Forms. The research population is the people of Surabaya who have purchased Starbucks products. The selection of respondents was carried out using a non-probability sampling method with a total of 100 respondents based on the Lemeshow formula calculation. The data analysis method uses descriptive analysis and SPSS analysis. The research results show that the variables Green Advertising, Green Product, Social Media have a positive and significant effect on purchasing decisions for Starbucks Coffee Surabaya consumers.
Analysis of the Application of the Unified Theory of Acceptance and Use of Technology (Utaut) in the Use of Linktree Istiqomah, Dewi; Hidayatullah, Syarif; Andarwati, Mardiana
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1038

Abstract

Research Aims: Analyze the factors that influence the use of Linktree using UTAUT theory. This research analyzes Performance Expectancy, Effort Expectancy, Social Influence, and Facilitating Conditions, Behavioral Intention and Use Behavior in using Linktree by customers. Design/Methodology/Approach: This research examines construction companies that were founded in 2012. Researchers used a sample of 119 customers using Stratified Random Sampling. The analytical method used in this research is UTAUT. Research Findings: Findings show that Performance Expectancy and Effort Expectancy do not have a significant influence on Linktree's Behavioral Intention or Use Behavior. On the other hand, Social Influence and Facilitating Conditions have a significant impact on these two variables. Social Influence influences Behavioral Intention and Use Behavior due to recommendations and social norms received by users. Facilitating Conditions plays an important role in supporting the use of Linktree through the availability of adequate infrastructure and technical support. Apart from that, Behavioral Intention is the most significant factor in determining usage behavior. And the influence of Facilitating Conditions on Behavioral Intention is strengthened when mediated by Use Behavior. Theoretical Contribution/Originality: This research provides a theoretical contribution to the understanding of factors influencing the acceptance and use of new technologies in the context of small and medium-sized companies. Practitioners/Policy Implications: Companies should focus on practical benefits that customers gain, such as easy access to various important links on one page. And considering the significant social influence, marketing strategies must be reinforced with positive testimonials from satisfied customers. Research Limitations/Implications: Companies must focus on the practical benefits of using Linktree, strengthen social influence- based marketing strategies through customer testimonials and recommendations, and ensure conditions that facilitate use remain optimal with adequate infrastructure and technical support.
Financial Performance Assessment Using Balanced Scorecard Methodology in Indonesian Banks Syahputra, Danil; Ningsih, Supiah; Marpaung, Durahman
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1039

Abstract

The objective of this study is to assess the financial performance of XYZ Bank through the lens of the balanced scorecard approach. The research method employed is qualitative, with data drawn from the annual reports of the banks in question for the period spanning 2020 to 2021. This period encompasses both the pre-merger and post-merger phases of Bank Syariah Indonesia. The findings of this study indicate that, from a financial perspective, the combined ROE ratio of the three Islamic banks, which has undergone a merger, is improving and includes healthy qualifications, approaching 15%. The customer perspective reveals an encouraging improvement in profitability, which is attributable to both customer migration from the predecessor bank to the merged bank and new customer growth. The merger has facilitated operating efficiency due to the synergy of the merger, leading to an increase in employee productivity, as measured by revenue. The establishment of several business unit networks represents an innovative form of internal business process, which can facilitate service delivery. The implications of this research provide a more detailed description of performance measurement using data from the company's published annual reports. Previous balance scorecard research employed survey methods in order to obtain information related to the growth and learning perspectives, as well as the customer and internal business process perspectives. In contrast, this study uses only data from the company's financial statements and annual reports.
The Influence of Employee Productivity and Operational Costs on Increasing Revenue PT. Diamond National Iron Industry Medan Syah, Syafrial; Anggeraini, Faulia; Tamba, Dang Panagaman
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1040

Abstract

This research aims to analyze the impact of employee productivity and operational costs on income growth at PT. Intan National Iron Industry Medan. The study uses multiple linear regression methods with a sample of annual financial reports from the past six years, which have been approved by the company leadership. The motivation for this research stems from fluctuations in income over the years, particularly during the pandemic, where a drastic decline was observed. The income generated was insufficient to cover operational costs, leading to unmet income targets and a lack of management incentives, or even company losses. The results of the study indicate that employee productivity has a positive and significant effect on income, with a T-value of 7.079 (T-value 7.079 > T-table 2.015) and a significance level of 0.000 < 0.05, meaning that Ha is accepted and H0 is rejected. Operational costs also have a significant impact on income, with a T-value of 3.976 (T-value 3.976 > T-table 2.015) and a significance level of 0.000 < 0.05, again leading to the acceptance of Ha and rejection of H0. Furthermore, the combined effect of productivity and operational costs yields an F-value of 34.852 > 4.74 with a significance level of 0.000 < 0.05. These findings demonstrate that both employee productivity and operational costs positively and significantly influence income growth at PT. Intan National Iron Industry Medan.
Factors that Affect Audit Delay Sari, Yulan; Febyansyah, Andar
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1042

Abstract

The objective of this study was to ascertain whether there is a correlation between profitability, solvency, company size, company age, and audit opinion with audit delay. This study employs existing data on the financial statements of the mining sector, which have been adjusted to align with the sample criteria specified by the Indonesia Stock Exchange for the 2019-2023 research period. The data collection process employed a purposive sampling method, yielding a total of 70 data points from 14 mining companies over a five-year period. The research findings were subjected to a multiple linear regression analysis using the SPSS software. The results indicated that profitability exerts a negative influence on audit delay, whereas solvency and company size exert a positive influence on audit delay. Additionally, company age and audit opinion were found to have no effect on audit delay.
The Influence of Company Size, Financial Leverage, Cash Holding and Managerial Ownership on Income Smoothing Prasasti, Yuli Candra; Febyansyah, Andar
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1043

Abstract

This research aims to analyze the influence of company size, financial leverage, cash holding and managerial ownership on income smoothing in food and beverage companies. The research method used is quantitative from financial report data listed on the Indonesia Stock Exchange (BEI) with a population of 90 samples from 18 companies. The results of data analysis show that there is a positive correlation between company size and cash holding, but the results from financial leverage and managerial ownership show a negative correlation. The implications of this research can be an evaluation material for companies and investors and provide additional information regarding what factors influence income smoothing.
Implementation of Intellectual Intelligence, Emotional Intelligence and Spiritual Intelligence from an Islamic Perspective on Employee Education and Training at XYZ’s Company A’yun, Annisa Qurrota; Yasmin, Annisa; Utari M. Noer
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1044

Abstract

The purpose of this study is to identify intelligence as a proxy for worker performance at XYZ's company from an Islamic standpoint. The three types of intelligence in question are intellectual, emotional, and spiritual. Given the increasing complexity of the industry and the globalization of business, it is critical for organizations to recognize that their most valuable resource is their workforce. Utilized by XYZ's company to assist intelligence from an Islamic perspective, particularly in integrating Islamic values, this research method involves qualitative descriptive analysis. Five informants provided information during staff interviews in the operational unit responsible for human resources, education, and training. Data were also gathered through observation and documentation. The study's findings suggest that intelligence encompasses more than just cognition; it also covers other types of intelligence including emotional and spiritual intelligence. Islamic teachings place a great emphasis on the harmony between the three forms of intellect in order to develop healthy and productive persons. This allows employers to produce workers who are not only technically proficient but also possess a strong sense of social awareness and spiritual understanding.
E-Marketing and Product Reviews on Purchasing Decisions in the Culinary Creative Industry (Case Study: Chili Derivative Business) Syera, Inda Arfa; Affiah, Hajar
International Journal of Economics (IJEC) Vol. 3 No. 2 (2024): July-December
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i2.1045

Abstract

The aim of this research is to determine the influence of E-Marketing and Product Reviews on Product Purchasing Decisions in Chili Derivative Businesses in Lubuk Cuik Village. The approach used in this research is a quantitative approach. The data used in this research is primary data sourced from questionnaires. The analysis techniques used are classical assumption tests (normality test, multicollinearity test and heteroscedasticity test), multiple linear regression, and hypothesis testing (F statistical test, and t statistical test, as well as the coefficient of determination (R2) test). The results of this research are based on the results of a simultaneous test (f test), it can be seen that the E-Marketing and Product Review variables have a significant effect together (simultaneously) on the Purchasing Decision variable. Based on the partial test, the E-Marketing variable has a positive and significant effect on product purchasing decisions at chili derivative businesses in Lubuk Cuik Village and the Product Review variable has a positive and significant effect on product purchasing decisions at chili derivative businesses in Lubuk Cuik Village.