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Zidnal Falah
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Jl. Ki Ageng Tapa (Perumahan Pondok Mutiara Gegunungan Blok F9) RT 3, RW Gegunungan, Sumber, Kab. Cirebon, Jawa Barat.
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INDONESIA
Journal Research of Social Science, Economics, and Management
ISSN : 28076494     EISSN : 28076311     DOI : 10.36418
Core Subject : Social,
The Journal Research of Social Science, Economics, and Management is a double-blind peer-reviewed academic journal and has open access to social and scientific fields. The journal is published monthly once by CV. Publikasi Indonesia. The Journal Research of Social Science, Economics, and Management provides a means for sustained discussion of relevant issues that fall within the focus and scopes of the journal which can be examined empirically. The journal publishes research articles covering all aspects of including social science, economics, management, law, and education.
Articles 1,796 Documents
The Effect of Financial Literacy, Risk Perception, and PayLater Features on Generation Z's Decisions to Use E-Wallets in Cirebon City Muhamad Rizki Akbar; Nurhana Dhea Parlina; Benny Dhevyanto
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1595

Abstract

Digital financial transformation has accelerated the use of e-wallets among Generation Z, while concerns regarding financial literacy, perceived risk, and the growing availability of PayLater features shape financial behavior. This study aims to examine the effects of financial literacy, risk perception, and PayLater features on Generation Z’s decisions to use e-wallets in Cirebon City. A quantitative explanatory approach was employed using primary data collected through questionnaires from 95 Generation Z respondents selected by purposive sampling. Data were analyzed using IBM SPSS Statistics version 32 through descriptive statistics, validity and reliability tests, classical assumption tests, multiple linear regression, t-tests, F-tests, and the coefficient of determination. The results show that financial literacy has a positive but insignificant effect on e-wallet usage decisions (B = 0.215; p = 0.060), risk perception has a positive but insignificant effect (B = 0.063; p = 0.333), and PayLater features also have a positive but insignificant effect (B = 0.141; p = 0.085). However, the three variables simultaneously have a significant effect (F = 3.133; p = 0.029), with an Adjusted R² of 0.064. The study concludes that Generation Z’s e-wallet usage decisions are influenced by the combined interaction of these factors rather than their individual effects.
A Risk-Based Decision Framework for Selecting Owner Estimate Percentiles in EPC Projects Using Monte Carlo Simulation and PROMETHEE II Jannatul Arif; Ervina Ahyudanari
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1596

Abstract

Owner Estimate (OE) determination in Engineering, Procurement, and Construction (EPC) projects remains a challenging process due to high levels of uncertainty arising from technical complexity, market fluctuations, incomplete information, and project-specific risks. Although Monte Carlo Simulation (MCS) can generate probabilistic cost estimates through percentile distributions, it does not provide a systematic mechanism for selecting the most appropriate percentile as the final OE. This study aims to develop a risk-based decision framework that integrates probabilistic estimation and multi-criteria decision-making approaches to support a transparent and objective OE percentile selection process. The research applied a combination of Monte Carlo Simulation to generate percentile-based alternatives, the Delphi method to identify and weight relevant decision criteria based on expert consensus, and PROMETHEE II to rank alternative OE percentiles. The results demonstrate that the proposed framework effectively transforms probabilistic outputs into structured decision alternatives by considering technical, economic, and organizational factors. Among the evaluated alternatives, P80 achieved the highest PROMETHEE II net flow value (? = 0.508), indicating its superior balance between risk mitigation and cost efficiency. The findings confirm that OE selection should not rely solely on statistical confidence levels or managerial judgment but requires an integrated analytical approach. This study concludes that the proposed framework provides a transparent, reproducible, and risk-based decision model to improve consistency and reliability in EPC project cost estimation.
Negotiating Social Reproduction: Access to Menstrual Leave for Female Journalists in Indonesia Salsabila Putri Pertiwi; Hariati Sinaga; Diana Teresa Pakasi
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1624

Abstract

Although menstrual leave has been legally recognized in Indonesia, women journalists continue to face barriers to exercising this right within the media industry. Existing studies primarily examine menstrual leave from legal, health, or policy perspectives, while its relationship with gendered labor and media production remains underexplored. This article addresses this gap by examining menstrual leave through a Feminist Political Economy perspective. Employing a qualitative literature review, the study synthesizes scholarly works on women journalists, menstrual stigma, labor rights, reproductive health, and media labor in Indonesia. The analysis reveals that limited access to menstrual leave is shaped not only by inadequate policy implementation but also by the intersection of patriarchal workplace culture and the productivity-driven logic of media capitalism. Women journalists are expected to conform to the ideal of the always-available worker, rendering menstruation and menstrual pain largely invisible in professional settings. Consequently, many hesitate to exercise their legal rights due to fears of being perceived as less committed, less productive, or burdensome to colleagues. This article argues that menstrual leave should be understood as a feminist labor issue reflecting the tension between productive labor and social reproduction. It contributes to feminist media studies by positioning menstrual leave as a site where gender, labor, and bodily autonomy intersect within contemporary journalism.
The Effect of Environmental Disclosure, Social Disclosure, Governance Disclosure, and Cash Holdings on Company Value: An Empirical Study of Banking Companies on the Indonesian Stock Exchange for the Period 2022–2025 Nurul Adinda Rossa Vista; Sujoko
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1636

Abstract

The banking sector plays a strategic role in economic stability and increasingly faces demands for transparent sustainability practices and effective financial management. This study aims to examine the effects of environmental disclosure, social disclosure, governance disclosure, and cash holdings on company value in banking companies listed on the Indonesia Stock Exchange during 2022–2025. This study employed a quantitative explanatory approach using secondary data obtained from annual reports, sustainability reports, financial statements, the Indonesia Stock Exchange, and company websites. The population comprised 48 banking companies, with samples selected through purposive sampling. Data were analyzed using multiple linear regression and hypothesis testing at a 5% significance level. The results show that environmental disclosure has a negative but insignificant effect on company value, while social disclosure has a positive and significant effect. Governance disclosure has a negative and significant effect, whereas cash holdings have a negative but insignificant effect on company value. These findings indicate that social disclosure is the most responsive sustainability dimension in strengthening investor confidence and market valuation. In conclusion, company value in the banking sector is influenced differently by ESG disclosure dimensions, while cash holdings alone do not significantly determine market value across Indonesia's banking industry as a whole.
The Effect of CAR, FDR, NPF, and BOPO on ROA for BUS and BPRS in 2020–2024 Intan Nur Adhiyani; Sunarto
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1637

Abstract

The Islamic banking industry in Indonesia continues to grow as an integral component of the national financial system, with bank soundness reflected through profitability indicators, particularly Return on Assets (ROA), which serve as important measures for stakeholders. This research examines the effects of Capital Adequacy Ratio (CAR), Financing to Deposit Ratio (FDR), Non-Performing Financing (NPF), and Operating Expenses to Operating Income (BOPO) on Return on Assets (ROA) in Islamic Commercial Banks (Bank Umum Syariah / BUS) and Islamic Rural Banks (Bank Pembiayaan Rakyat Syariah / BPRS) during the 2020–2024 period. A quantitative approach was employed using secondary data obtained from annual financial reports published by the Financial Services Authority (Otoritas Jasa Keuangan / OJK). The data were analyzed using multiple linear regression, preceded by classical assumption tests and followed by hypothesis testing through t-tests and F-tests. The results indicate that CAR has no significant effect on ROA, suggesting that capital adequacy in BUS and BPRS primarily functions as a risk mitigation buffer and a mechanism for fulfilling regulatory requirements rather than directly improving profitability. In contrast, FDR has a negative and statistically significant effect on ROA, indicating that higher financing levels relative to third-party funds may increase liquidity risk and operational costs, thereby reducing bank profitability. The findings also reveal that NPF has no significant effect on ROA, implying that problematic financing remains at manageable levels through allowance for impairment losses and financing restructuring policies. BOPO has no significant effect on ROA, indicating that operational efficiency in BUS and BPRS remained relatively stable during the study period and did not significantly influence profitability.
The Effect of Inflation, Interest Rates, Exchange Rates, Net Profit Margin, Total Assets Turnover, and Current Ratio on Stock Prices through Financial Distress as a Mediation Variable (Empirical Study on Textile and Garment Companies Listed on the Indonesia Stock Exchange for the 2021–2024 Period) Rodiansyah; Yana Hendayana
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1638

Abstract

The textile and garment industry in Indonesia faced significant economic pressure due to macroeconomic fluctuations and deteriorating financial performance during the 2021–2024 period, as reflected in declining stock prices among most issuers and increasing risks of financial distress in several companies. This study aimed to examine the effects of inflation, interest rates, exchange rates, Net Profit Margin (NPM), Total Asset Turnover (TATO), and Current Ratio (CR) on financial distress and stock prices, as well as the mediating role of financial distress in textile and garment companies listed on the Indonesia Stock Exchange (IDX). This study employed a quantitative method with descriptive and verificative approaches using secondary data analyzed through panel data regression with the Random Effect Model (REM) for 15 companies during the 2021–2024 period. The findings showed that the Current Ratio had a significant effect on both financial distress and stock prices, while inflation had a significant effect only on stock prices. Meanwhile, interest rates, exchange rates, Net Profit Margin, Total Asset Turnover, and financial distress did not have significant effects on stock prices. Furthermore, financial distress did not mediate the relationship between macroeconomic variables, financial ratios, and stock prices. These findings indicated that corporate liquidity was the most consistent factor influencing both financial condition and market valuation. Therefore, the results provided valuable insights for investors in making investment decisions and for corporate management in maintaining liquidity to strengthen market confidence.
The Effect of Work Engagement, Job-Individual Suitability, and Knowledge Sharing Behavior on Employee Performance through Innovative Work Behavior as a Mediation Variable (Study at the SME Cooperative Office of Central Java Province) Avia Dian Hayuningtyas
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1639

Abstract

This study aimed to analyze the effects of work engagement, person–job fit, and knowledge-sharing behavior on employee performance through innovative work behavior as a mediating variable. This research was conducted at the Office of Cooperatives and SMEs of Central Java Province. The research problem highlighted the importance of improving employee performance to address increasingly dynamic and innovation-driven organizational demands. This study employed a quantitative approach using a census method, in which the population consisted of 118 employees and the sample included 117 respondents. Data were collected through questionnaires distributed to employees at the Office of Cooperatives and SMEs of Central Java Province. The data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS) to examine the direct and indirect effects among variables. The results showed that work engagement, person–job fit, and knowledge-sharing behavior had positive and significant effects on innovative work behavior and employee performance. Innovative work behavior also had a positive and significant effect on employee performance and was found to mediate the effects of work engagement, person–job fit, and knowledge-sharing behavior on employee performance. These findings indicated that improved employee performance was influenced not only by individual factors and the work environment but also by employees’ ability to generate and implement innovations in their work.
Mapping Governance Gaps in The Business Model of an Artisanal Fisheries MSME: A Triple-Layered Business Model Canvas Analysis of King Fish, Depok Alif Ramadhani Suyoko; Siti Jahroh; Zenal Asikin
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1640

Abstract

The majority of Indonesian artisanal fisheries micro, small, and medium enterprises (MSMEs) operate without documented governance systems, creating structural vulnerabilities that threaten business continuity and limit access to higher-value market segments. This study aimed to systematically map governance gaps in the business model of King Fish, a micro-scale fresh fish trading enterprise in Cimanggis, Depok, and identify systemic cross-layer root causes requiring integrated solutions. A single case study was analyzed using the 27-block Triple-Layered Business Model Canvas (TLBMC), integrated with a four-dimensional governance framework consisting of accountability, transparency, stakeholder engagement, and compliance and risk management, resulting in a 108-combination diagnostic matrix. Data were triangulated from four primary sources: in-depth interviews with the owner, structured interviews with active customers and employees, and participatory observations across four operational areas. Twenty-six governance gaps were identified (9 critical, 9 high, and 8 moderate) across all three TLBMC layers, with nearly all gaps stemming from a lack of documentation rather than the absence of practices. Critical gaps were concentrated in the economic layer rather than the environmental layer. Cross-layer analysis revealed three systemic gaps, including the sustainability gap in communication, where the enterprise organically implemented substantive sustainability practices that were not communicated as strategic value. This study contributes the first application of TLBMC to Indonesian artisanal fisheries MSMEs, positions governance as an analytical infrastructure across all 27 TLBMC blocks, and introduces the concept of the sustainability gap in communication. The findings provide an empirical basis for designing governance interventions aligned with micro-enterprise capacity
A Quantitative Analysis of Cost, Time, and Construction Risk of Underground Construction Methods for A Lifting Pump Station in A Constrained Site: A Case Study of the Jakarta Sewerage Development Project (JSDP) Zone 1 Package 1 Azharan Luthfan; Farida Rachmawati
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1645

Abstract

The construction of Lifting Pump Stations (LPS) in urban infrastructure projects on limited land has high technical and managerial challenges, especially due to structural depth, saturated soft soil conditions, high groundwater levels, and limited workspace. This study aims to analyze and determine the most suitable underground construction method in the construction of the Jakarta Sewerage Development Project (JSDP) Zone 1 Package 1 LPS based on the aspects of cost, time, and implementation risk. The research was carried out through the identification of alternative construction methods, screening using the Zero-One Matrix, cost analysis, time analysis, risk register-based risk analysis, and decision-making using AHP Direct Measurement. The screening results show that the Top-Down Construction and Pneumatic Caisson methods are worthy of further analysis. The results of the cost analysis show that Top-Down Construction is more economical, with a cost of about 32.93% lower than Pneumatic Caisson. However, in terms of time, Pneumatic Caisson has an implementation duration of about 11 months shorter than Top-Down Construction. Risk analysis showed that the two methods had different risk characteristics, but after mitigation most of the residual risk was at an acceptable level. Based on AHP Direct Measurement, the risk aspect gets the highest weight, followed by time and cost. The final results show that the Pneumatic Caisson obtained the highest priority and is therefore recommended as the most suitable construction method for LPS projects with soft soil conditions, high ground water levels, large structural depths, and limited land.
Inventory Information System with Web-Based Stock Forecasting for Building Supply Stores Ramasya Alief Islami Raihan; Faulinda Ely Nastiti; Joni Maulindar
Journal Research of Social Science, Economics, and Management Vol. 6 No. 1 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v6i1.1650

Abstract

Surra Building Shop is an MSME engaged in the sale of building materials that still uses a manual system for sales recording and inventory management. The problems identified include stock discrepancies, recording errors, and difficulties in determining future inventory requirements. This study aims to design and develop a web-based inventory information system that integrates inventory management and stock forecasting features. The system development method used was the Waterfall model, which consists of the stages of requirements analysis, system design, implementation, testing, and maintenance. In addition, the Weighted Moving Average (WMA) method was applied to generate stock forecasts based on historical sales data. The results showed that the developed system improved the efficiency of inventory data management, reduced recording errors, and provided stock forecasting recommendations to support more accurate decision-making. This system is expected to serve as a solution for similar MSMEs in optimizing inventory management and supporting sustainable business growth.

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