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International Journal of Economics (IJEC)
Published by PT Inovasi Pratama Internasional
ISSN : -     EISSN : 2961712X     DOI : https://doi.org/10.55299/ijec
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 657 Documents
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The Sustainable Development: A Path to Economic Development in Iraq Khalaf, Qasim Jabbar; Faraj, Sakinah Jahiya
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.v4i1.1201

Abstract

This study explores the evaluation of the impact of sustainability practices on the economic indicators of countries. The research sample consists of 200 individuals, including professors and students from the College of Economics at the University of Baghdad, serving as the basis for collecting the necessary data to measure the research variables. The methodology employs a mixed approach, combining quantitative data from questionnaires with secondary data from national and international reports. The most significant results indicate that sustainable development practices, such as improving certain environmental practices, investing in renewable energy, and enhancing education and health, support economic indicators. The study recommends establishing a comprehensive development strategy, increasing investment in renewable energy, and promoting innovation and economic diversification.
The Effect of Brand Image and Electronic Word of Mouth (E-Wom) on Buying Interest of Mixue Consumers in Generation Z in Surabaya City Syakban, Medi Hendika; Dermawan, Rizky
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.v4i1.1204

Abstract

This study aims to analyse the effect of brand image and electronic word-of-mouth (e-WOM) on the purchase intention of Mixue consumers in Generation Z in Surabaya City, using a quantitative approach. The research population comprises Mixue consumers in Generation Z in Surabaya City. The sample consists of 100 Mixue consumer respondents born between 1997 and 2012 and domiciled in Surabaya City, selected using the accidental sampling technique. The data were analysed using descriptive statistics and partial least squares (PLS) with the SmartPLS application. The results demonstrated that brand image has a positive and significant effect on purchase intention. Similarly, e-WOM was found to have a positive and significant effect on purchase intention.
Analysis of the Effect of Revenue Growth, Cost Growth and Economic Value Added on the Financial Performance of Tritya Eye Clinic With Operation Cash Flow as an Intervening Variable Sumirat, Esti; 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.v3i2.1205

Abstract

The purpose of this study was to analyze the effect of revenue growth, cost growth and economic value added on the financial performance of the Tritya Eye Clinic with operational cash flow as an intervening variable. This study uses a quantitative method with secondary data sources. The population of the study was all financial reports of the Tritya Eye Clinic for the period 2019 to 2023. The data analysis method used SEM-PLS analysis. The results of the study showed that partially the variables of revenue growth, cost growth and economic value added had no significant effect on Operation Cash Flow, the variables of revenue growth and cost growth had no significant effect on financial performance but the EVA variable had a significant effect on financial performance. While the variables of revenue growth, cost growth and economic value added had no significant effect on financial performance mediated by operational cash flow at the Tritya Eye Clinic in Surabaya
Influence of Leadership Behavior on Safety Culture Integration at PT Cipta Kridatama Site PT Borneo Indobara Priambodo, Yustinus Pramono
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.v4i1.1208

Abstract

This study analyzes the interconnections among transformational leadership, safety culture, and safety behavior at PT Cipta Kridatama Site PT Borneo Indobara, a high-risk mining operation. The research, framed by theoretical views like the Theory of Planned Behavior and Hudson’s Safety Culture Maturity Model, underscores the pivotal role of leadership in cultivating a proactive safety culture and impacting safety behavior. This research aims to assess the direct and indirect impacts of transformational safety leadership on safety behavior, with safety culture serving as a mediating variable. The research used Structural Equation Modeling (SEM) to examine quantitative data obtained from employee surveys, assessing leadership techniques, cultural characteristics, and behavioral results. The results indicate that transformational safety leadership exerts a substantial and robust impact on safety culture, evidenced by a coefficient of 0.923, a t-statistic of 72.438, and an effect size of 5.765. The safety culture markedly affects safety behavior, evidenced by a coefficient of 0.495, a t-statistic of 5.920, and an effect size of 0.180. Transformational safety leadership has a moderate direct influence on safety behavior (coefficient: 0.417, t-statistic: 4.977, effect size: 0.127) in comparison to its effect on safety culture. Moreover, safety culture mediates the connection between transformational leadership and safety behavior, evidenced by a mediation coefficient of 0.457, a t-statistic of 5.863, and an impact size of 0.180, underscoring its crucial function in converting leadership into behavioral results. The research emphasizes the necessity of combining transformational leadership methods with initiatives to foster a strong safety culture. Recommendations involve augmenting leadership training to integrate safety-oriented practices and executing cultural alignment techniques to maintain proactive safety habits. These insights enhance safety management techniques in high-risk sectors, foster safer workplaces, and improve overall operational outcomes.
Redefining Employee Commitment: The Role of Digital Work Flexibility and Work-Life Balance in Enhancing Public Service Efficiency Gunawan, Edi; Mujanah, Siti; Fianto, Achmad Yanu Alif
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.v4i1.1210

Abstract

This study investigates the effect of digital work flexibility and work-life balance on employee commitment and its impact on public service efficiency at the Regional Revenue Agency (Bapenda) of Surabaya City. Using a quantitative approach with a cross-sectional design, data were collected from 115 civil servants through a structured questionnaire. Data analysis was performed using regression and mediation tests via Python-based statistical tools. The results indicate that both digital work flexibility and work-life balance significantly influence employee commitment. Furthermore, employee commitment fully mediates the relationship between the two independent variables and public service efficiency. This means that any improvements in work flexibility and balance will only lead to enhanced service performance if they are able to foster stronger employee commitment. The study highlights the importance of adaptive and human-centered work arrangements in improving service delivery in public sector institutions. These findings have practical implications for the design of flexible work policies and underscore the strategic role of psychological commitment in the effectiveness of digital transformation in public administration.
Strategic Leadership and Digital Transformation: Enhancing Organizational Agility in the Post-Pandemic Era Nasution, Siti Ummi Arfah
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.v3i2.1212

Abstract

The COVID-19 pandemic has fundamentally transformed organizational landscapes, accelerating digital transformation initiatives and highlighting the critical importance of organizational agility. This study examines the relationship between strategic leadership, digital transformation, and organizational agility in the Indonesian business context during the post-pandemic era. Using a mixed-methods approach combining quantitative surveys (n=284) with qualitative in-depth interviews (n=32), this research investigates how strategic leadership capabilities facilitate digital transformation and enhance organizational agility. The study employs transformational leadership theory, upper echelons theory, and dynamic capabilities framework to understand the mechanisms through which leadership drives organizational change. Findings reveal that strategic leadership significantly mediates the relationship between digital transformation initiatives and organizational agility, with Indonesian organizations demonstrating unique adaptation patterns influenced by cultural and contextual factors. The research contributes to leadership and organizational change literature by providing empirical evidence of how strategic leaders navigate digital transformation challenges while building organizational resilience. Practical implications suggest that organizations must develop adaptive leadership capabilities, invest in digital literacy, and create flexible organizational structures to thrive in the post-pandemic business environment.
The Effect of Marketing Capability and Brand Reputation on Brand Loyalty of Tomoro Coffee through Competitive Advantage as a Meditation Variable Viando, Feterrido Wahyu; Paramitha, Intan Tirzana; Mujanah, Siti; Fianto, Achmad Yanu Alif
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.v4i1.1214

Abstract

The purpose of this research is to analyze the influence of marketing capabilities and brand reputation on competitive advantage and brand loyalty among Tomoro Coffee customers in Surabaya. This study employs a quantitative research design using a cross-sectional method. The sample used in this research consisted of 100 respondents who are Tomoro Coffee customers residing in Surabaya. Sampling was conducted randomly through an online questionnaire using a Likert scale. Data analysis was carried out using the Structural Equation Modeling ( SEM ) approach with the Partial Least Squares ( PLS ) methodology. The results of this research indicate that marketing capability and brand reputation have a positive and significant effect on competitive advantage. Competitive advantage, in turn, has a positive and significant effect on brand loyalty. Marketing capability has a negative and insignificant effect on brand loyalty, whereas brand reputation exerts a positive and significant effect on brand loyalty. Furthermore, brand reputation has a significant influence on brand loyalty through competitive advantage as a mediating variable, while marketing capability demonstrates an insignificant effect on brand loyalty through competitive advantage as a mediating variable. The implications of this research suggest that Starbucks and other business actors can enhance their performance measurement systems related to marketing capability, brand reputation, competitive advantage, and brand loyalty. These improvements are essential for maintaining and strengthening their competitive position in the market. Keywords : Marketing Capability, Brand Reputation, Competitive Advantage, Brand Loyalty, Tomoro Coffee
Analysis Financial Reports in Financial Prediction Distress with Method Grover and Springate on LQ45 Indexed Companies on BEI 2019 - 2022 Safitri, Eka; Cloudya, Afifah; Mujanah, Siti; Fianto, Achmad Yanu Alif
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.v4i1.1216

Abstract

Analysis of the influence of financial distress and financial ratios with the Grover and Springate method is used to conduct a thorough examination of financial performance periodically over a certain period of time. so the purpose of this study is to determine how healthy a company is in the technology sector by analyzing factors that affect financial distress through financial ratios and the formula equation of the grover and Springate method. The results of this study are that the use of the GorgonL.V or S-SCORE method is a consistent method in predicting financial distress in companies, namely by approaching sales and total assets. by conducting financial distress predictions, companies can find out and prove the existence of factors that cause companies to go bankrupt. By increasing sales and proper management of total assets, companies can make high profits
Anticipatory Risk Planning at PT Telkom Indonesia Yusran, Muhammad; Hadijah, Sitti; Jumardi, Jumardi; Ilham, Bahrul Ulum
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.v4i1.1221

Abstract

This study examines the anticipatory risk management strategies implemented by PT Telkom Indonesia to address potential crises, including pandemics. This research aims to explore how a company can proactively identify, analyze, and manage risks to maintain service stability. Employing the Narrative Literature Review (NLR) approach, this study gathers and analyzes secondary data from various risk-management-related literature, focusing on the telecommunications sector. The findings reveal that although PT Telkom Indonesia has established risk strategies, several areas require further development, particularly in terms of long-term risk anticipation. This study recommends strengthening a more comprehensive and adaptive risk-management system to enhance corporate resilience. The originality of this research lies in its specific focus on PT Telkom Indonesia as a case study, highlighting the unique challenges and opportunities faced by a leading telecommunications company to address uncertainties and future crises. Additionally, this study contributes to the existing body of literature by providing insights into the application of anticipatory risk management in the telecommunications sector, particularly in the context of future pandemics.
Challenges and Opportunities in the Digital Era in Building Accounting Professional Ethics Maisyarah, Renny; Darma, Dito Aditia; Anggasari, Febyana; Nababan, Putri Enzelina; Mendrofa, Sabar Jaya; Aldian, M. Rizki; Vadia, Reni
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.v3i2.1222

Abstract

The digital era has brought about significant transformation in the accounting profession, offering greater convenience, efficiency, and accuracy through technologies such as artificial intelligence (AI), big data, blockchain, and automation. However, these technological developments have also given rise to complex ethical challenges, particularly in terms of financial statement integrity, data security, and transparency. This study aims to explore the challenges and opportunities faced by the accounting profession in building and maintaining professional ethics amidst advances in digital technology. Based on the literature review, the main challenges faced by accountants include data privacy and security issues, the potential for misuse of technology to manipulate financial statements, and the loss of subjective elements of professionalism due to automation. On the other hand, technology also provides opportunities to increase transparency of financial statements, strengthen supervision and audits, and enrich accountants' competencies in deeper data analysis. This study suggests the importance of ethics training that is more relevant to technological developments, as well as the wise use of technology to strengthen the principles of accountability and integrity in the accounting profession. The findings of this study are expected to provide insight for practitioners, educators, and policy makers in creating a more professional and ethical work environment in the world of digital accounting.

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