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Bincar Nasution
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+6285360415005
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INDONESIA
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 676 Documents
Development of Micro, Small, and Medium Enterprises (MSMEs) as an Effort for Economic Recovery Post-COVID-19 Pandemic Ago, Gordius; Mardiah, Ainil; Suarmanayasa, I Nengah; Anwar, Amelia
International Journal of Economics (IJEC) Vol. 4 No. 1 (2025): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i1.920

Abstract

The purpose of this study was to determine MSME development as an effort to recover the economy after the COVID-19 pandemic. The method used is a qualitative research method with a field research approach, and the research location is in Pamekasan Regency, East Java. The analysis was carried out by researchers using an interactive model from Miles Huberman that is related to the role of the Pamekasan Regency Government, especially the Pamekasan Regency Cooperative Service, in implementing MSME development policies after the COVID-19 pandemic. Data collection in this study was carried out through a literature review by collecting various articles and books related to MSMEs in Pamekasan Regency, interviews, and field documentation according to the research criteria. The results of this study showed that post-Covid 19 pandemic economic recovery efforts, especially in Pamekasan district, have been carried out by the Cooperative Service by providing guidance in the forms of support, enabling, protection, maintenance, strengthening, and maintenance through activities such as training, financial assistance, access to credit, people's businesses (KUR), and others.
Bibliometric Analysis: The Development of Research and Publications on Sustainable Development Goals (SDGs) and Their Impact on Investment Maulidia, Nuke
International Journal of Economics (IJEC) Vol. 4 No. 1 (2025): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v4i1.928

Abstract

Purpose: This study aims to analyse literature related to Sustainable Development Goals (SDGs) and their impact on investment using bibliometric analysis. Design/Methodology/Approach: The study utilises 41 articles related to SDGs and investment collected from the Scopus database. The bibliometric analysis includes keyword analysis, trend analysis, and density visualisation. Findings: The research results indicate four main topic clusters: 1) carbon dioxide, climate change, economic development, etc.; 2) foreign direct investment, governance, private sector, etc.; 3) economic and social effects, emerging economies, environmental quality, etc.; 4) alternative energy, environmental economics, spatiotemporal analysis. The topics of "Sustainable Development Goal" and "investment" are the main focus in the literature. Practical Implications: Bibliometric analysis can help researchers understand the development of trends and main topics in the field of research related to SDGs and investment. These findings can be used to develop more coordinated and directed research programs in the future.
Generation Y and Z's Preferences on Intentions to Use Halal Products for Daily Dental and Oral Care Permasari Sabaniah; Indra; Achmad Firdaus
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.v3i2.930

Abstract

Background: Even if global economic growth is modest, Indonesia's halal business presents a tremendous chance to help the country's development. In general, the worldwide market, including the pharmaceutical and cosmetics industries, must address the need for halal products. Objective: This study intends to determine whether attitudes, subjective norms, behavioral control, and religion influence the intention to use halal oral health care items on a daily basis on Y and Z generation. These products are widely used but the study is still limited. Behavioral control, religion, and subjective norms were found to influence the intention or intent to use, as determined by this study. On the other side, there is no substantial relationship between attitude and intent to use. Research Method: Methods of data analysis in this research using Structural Equation Modelling (SEM). Sample of research used in this study is 146 respondent. The data used in this research is primary data sourced from generation Y and Z in IndonesiFindings: This research will help halal industry participants, particularly the pharmaceutical and cosmetic sub-sectors, develop strategies to boost public product knowledge and consumption. In addition, this research will serve as a reference for regulators working to improve the halal industry environment, including regulation and infrastructure.
Analysis of Macroeconomic Factors and Financial Performance on the Phenomenon of Sharia Bank Market Share Stagnancy Wibawa, Aditya Setiaji; Mujib, Abdul
International Journal of Economics (IJEC) Vol. 3 No. 1 (2024): January-June
Publisher : PT Inovasi Pratama Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55299/ijec.v3i1.931

Abstract

The Sharia banking market share is still stuck at the level of 7% of total national banking assets until the February 2024 period. Several strategic policies have been implemented by both regulators and Sharia banking players, but this has not yet increased the Sharia banking market share. Several other relevant studies inform that internal factors in the form of financial performance and macroeconomic conditions are one of the causes of the stagnant increase in the market share of sharia banking in Indonesia, so it is necessary to re-examine/analyze these factors. Furthermore, this research aims to analyze the influence of macroeconomic conditions as proxied by the inflation rate and BI rate as well as the financial performance of Sharia banks as proxied by the CAR and FDR ratios on the Market Share of Sharia Banks in Indonesia. The sample in this study was a total of sharia commercial banks and sharia business units with data regression analysis using the help of the Eviews version 12 program. The results of this research show that simultaneously the independent variables (inflation, BI rate, CAR and FDR) in this research have a significant influence on Market Share with a significance level of 5%. Overall, the results obtained show that the variables inflation, BI rate, CAR and FDR influence the Sharia banking Market Share with a significance level of 5%. Partially, inflation and FDR have no effect on the market share of sharia banking, but the BI rate and CAR have a significant effect on sharia banking in Indonesia.
Analysis of Macroeconomic Influence, Investment Decisions, and Funding Decisions on Profitability, Unsystematic Risk, and Sharia Stock Return (Study of 70 JII Shares Listed on the IDX) Pradhani, Tri Buana Wira; Ratnawati, Tri; Brahmayanti, I.A. Sri
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.v3i2.936

Abstract

This research aims to examine and analyze the influence of macroeconomics, investment decisions and funding decisions on profitability, unsystematic risk and returns on JII 70 shares listed on the Indonesia Stock Exchange from 2019 to 2023. This research uses a quantitative approach and this type of research This is explanatory causal research which will explain the cause-and-effect relationships between research variables. The population used in this research is JII 70 shares listed on the Indonesia Stock Exchange from 2019 to 2023. The sampling technique in this research uses a purposive sampling technique, with the sample used being 20 companies with listed JII 70 indexed shares. on the Indonesian Stock Exchange from 2019 to 2023. The data source in this research is secondary data obtained from the official publication website of Bank Indonesia, the Central Statistics Agency, and the Indonesian Stock Exchange. Hypothesis testing was carried out by testing the SEM-PLS structural model using the Smart-PLS4 application. Based on the results of data testing, a conclusion regarding hypothesis testing is obtained, namely, macroeconomics does not have a significant effect on profitability, unsystematic risk and stock returns. Investment decisions have a positive and significant effect on profitability, unsystematic risk and stock returns. Funding decisions have a positive and significant effect on profitability, but have a negative and significant effect on unsystematic risk and stock returns. Profitability has a positive and significant effect on stock returns, and unsystematic risk has a negative and significant effect on stock returns.
The Effect of Liquidity, Activitiy and Capital Structure on Profitability, Financial Distress and Firm Value in Building Construction and Property and Real Estate Companies Listed on The Indonesia Stock Exchange Kurniawati, Dinda Dwi; Ratnawati, Tri; Pristiana, Ulfi
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.v3i2.940

Abstract

This study aims to analyze the effect of liquidity, activity and capital structure on profitability, financial distress and firm value in building construction and property and real estate companies listed on the Indonesia stock exchange. The population in the study were building construction and property and real estate companies listed on the Indonesia stock exchange in 2018-2022. 17 companies were selected as samples using saturated samples. Hypothesis testing in this study was carried out with the smrart-PLS application. Based on the analysis of 11 hypotheses, it was found that liquidity has no significant effect on profitability, financial distress and firm value. Activity has a significant effect on financial distress and firm value but activity has no significant effect on profitability. Capital structure has a significant effect on financial distress and firm value but capital structure has no significant effect on profitability. Profitability and financial distress have no significant effect on firm value. Liquidity, activity and capital structure have no significant effect on firm value through profitability as an intervening variable. Liquidity, activity and capital structure have no significant effect on firm value through financial distress as an intervening variable.
The Influence of Viral Marketing, Price Perceptions, and Product Quality on Consumer Purchasing Decisions at Richeese Factory Putri, Naila Aisyah; Supriyono
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.v3i2.944

Abstract

This research aims to analyze the effect of Viral Marketing, price perceptions, and product quality on consumer purchasing decisions at Richeese Factory. The population used in this study are consumers who are at least 17 years old and have made purchases at Richeese Factory Rungkut Madya. The sample used was 112 respondents with a nonprobability sampling method using purposive sampling technique. The data collection method in this study used a questionnaire or Likert scale by distributing questionnaires via google form, then analyzed with Partial Least Square (PLS). The results showed that Viral Marketing and product quality variables had a positive effect on purchasing decision variables. Meanwhile, the price perception variable does not have a positive effect on the purchasing decision variable.
Sharia Banking Internal Auditors' Perceptions Regarding the Influence of Auditors' Sharia Knowledge Education on the Effectiveness of Sharia Compliance Inspections Was'an, Guruh Herman
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.v3i2.946

Abstract

Islamic banks need to ensure that their operations comply with sharia principles to increase loyalty and satisfaction of sharia bank customers. Internal audit has one of the functions of ensuring sharia compliance has been fulfilled in sharia banking by carrying out sharia compliance checks. One of the challenges in internal audit in carrying out its function is the lack of qualified sharia auditors who have adequate sharia knowledge. In this context, education in sharia science for auditors becomes very relevant. This research aims to identify the influence of formal and non-formal sharia education for auditors on increasing the effectiveness of auditing compliance with sharia principles in sharia banking according to the perception of internal auditors. The method used is a quantitative method by distributing questionnaires to internal auditors in conventional commercial banks that have Sharia Business Units. Based on the results of this research, the variable perception of formal sharia science education does not have a significant effect on the effectiveness of sharia compliance checks, the perception of non-formal sharia science education has a significant effect on the effectiveness of sharia compliance checks. Furthermore, simultaneously the variables of perception of formal sharia education and non-formal sharia science education have a significant effect on the effectiveness of sharia compliance.
Critical Study of DSN-MUI Fatwa No. 86 Concerning Cash Prizes in Fundraising at Sharia Financial Institutions Aminuddin
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.v3i2.947

Abstract

This research is intended to examine the Fatwa of the National Sharia Council of the Indonesian Ulema Council (DSN-MUI) No. 86 regarding cash prizes in raising funds at sharia financial institutions. This Fatwa requires that gifts given by Islamic financial institutions to customers must be in the form of goods or services, and prohibits gifts in the form of cash. This study aims to examine the effectiveness and implications of the fatwa and explore possible revisions based on input from Islamic banking scholars and practitioners. The research method used is qualitative through a descriptive analytical approach. Primary data includes DSN-MUI fatwa no. 86 of 2012, research results show that the implementation of this fatwa, especially regarding obligations for gifts in the form of goods, brings challenges for Islamic banks, especially in terms of procurement, maintenance and distribution of gifts in the form of goods and so on. Research also finds that prizes in the form of cash are more flexible and attractive to customers, without adding significant cost burdens to Islamic banks. This research suggests a review and possible revision of the DSN-MUI fatwa no. 86, taking into account the mutual benefit of banks and sharia financial customers.
The Effect of Remuneration, Time Management, on Employee Performance through Organizational Citizenship Behaviour as Intervening Pratama, Raditya Yuniar Alfani; Mujanah, Siti; Fianto, Achmad Yanu Alif
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.v3i2.954

Abstract

The purpose of this study was to analyze the effect of remuneration, time management, on employee performance with organizational citizenship behavior as an intervening variable at Archives and Library Service Surabaya City. The sampling technique used is total sampling (saturated sample). The research sample was 40 respondents. Data collection using a questionnaire distributed to all respondents. The data collected was then analyzed using SEM-PLS analysis techniques. Results showed that remuneration has a positive and significant effect on organizational citizenship behavior. Remuneration has a positive and significant effect on organizational citizenship behavior. Remuneration has a negative and significant effect on employee performance. Time management has a positive and significant effect on organizational citizenship behavior. Time management has a positive and significant effect on employee performance. organizational citizenship behavior is negative and significant to employee performance. The effect of Remuneration has a negative and significant effect on Employee Performance with Organizational Citizenship Behavior as Mediation. The effect of Time Management has a negative and significant effect on Employee Performance with Organizational Citizenship Behavior as Mediation.