cover
Contact Name
Muhammad Wali
Contact Email
journal@msti-indonesia.com
Phone
+6285277777449
Journal Mail Official
ijer@msti-indonesia.com
Editorial Address
Jln. T.Nyak Arief No. 166 Jeulingke, Kota Banda Aceh, Provinsi Aceh.
Location
Kota banda aceh,
Aceh
INDONESIA
Indonesian Journal Economic Review (IJER)
ISSN : 28082176     EISSN : 28081129     DOI : https://doi.org/10.35870/ijer
Core Subject : Economy,
Indonesian Journal Economic Review with published by Research Division Lembaga Mitra Solusi Teknologi Informasi. This journal covers fields such as People Knowledge and Management, Operations and Performance Management, Business Risk, Finance and Accounting, Entrepreneurship, Strategic Business, Strategic Marketing, and Decision Making and Negotiation. This journal is a peer reviewed online journal dedicated to high-quality research publications focused on research and implementation.
Articles 30 Documents
Search results for , issue "Vol. 5 No. 2 (2025): October" : 30 Documents clear
Early Exploration of Employee Job Satisfaction Determinants Wahdiniawati, Siti Annisa; Dera, Firman; P. Karo-karo, Alex; Pujiastuti, Endah; Rejeki, Sri
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.569

Abstract

This study aims to examine the impact of work stress and career development on job satisfaction at CV SAI Semarang. A quantitative research approach was employed for this study. The population consists of 39 employees at CV SAI Semarang. A non-probability sampling method was applied, utilizing a saturated sampling technique. The data analysis was conducted using descriptive analysis, classical assumption tests, coefficient of determination tests, and hypothesis testing, all processed with IBM SPSS software version 26. Research instruments included a questionnaire and an interview guide. The results revealed that work stress had a negative and significant effect on job satisfaction at CV SAI Semarang, while career development positively and significantly influenced job satisfaction. Furthermore, both work stress and career development, when considered together, had a positive and significant impact on job satisfaction at CV SAI Semarang.
Analysis of the Influence of Employee Empowerment, Motivation, and Job Satisfaction on the Performance of Members of the Narcotics Division, Central Java Regional Police Hapsari, Pamungkas; Wijayanto, Yeremia; Ardoko, Prono
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.570

Abstract

This study aims to examine and analyze the effect of employee empowerment on the performance of members of the Narcotics Division, Central Java Regional Police. It also seeks to explore the impact of motivation and job satisfaction on the performance of the same members, as well as the combined effect of employee empowerment, motivation, and job satisfaction on their performance. The research method used is a quantitative approach, with data collected through questionnaires. The questionnaire is a data collection tool in which a list of questions/statements is distributed to respondents in order to obtain their responses. The analysis results show that employee empowerment does not significantly affect the performance of members of the Narcotics Division, Central Java Regional Police. Motivation has a significant effect on the performance of the members, and job satisfaction also significantly influences their performance. Together, the variables of empowerment, motivation, and job satisfaction significantly affect the performance of members of the Narcotics Division, Central Java Regional Police.
The Investigation of the Impact of Good Corporate Governance on the Value of Manufacturing Companies Listed on the IDX Ciptawan, Ciptawan; Andoko; Putra, Ali Syah; Yenni; Arifin
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.571

Abstract

This study aims to determine the effect of good corporate governance on company value (a study of manufacturing companies listed on the IDX in 2022-2024). The selection of this study used purposive sampling, so that the number of samples used was 41 companies from a population of 144 companies. In this study, the results of the analysis were carried out to draw conclusions about the effect of good corporate governance on company value (a study of manufacturing companies listed on the IDX in 2022-2024). Data processing using Eviews 12. The results of the study show that managerial ownership affects company value in Manufacturing Companies on the IDX in 2022-2024. Institutional ownership affects company value in Manufacturing Companies on the IDX in 2022-2024.
The Influence of Digital Banking, Company Characteristics and Capital Structure on Banking Financial Resilience with Good Corporate Governance as an Intervening Variable in Conventional Commercial Banks Listed in the LQ45 Index on the Indonesia Stock Exchange Alfons, Susana K.; Hwihanus; R. Pandin, Maria Yovita
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.574

Abstract

The banking sector is facing complex transformations due to the digital technology revolution, the evolution of consumer preferences, and intense competition from fintech entities that create an increasingly challenging business landscape. The acceleration of banking digitalization presents new challenges in the form of cyber risk exposure, financial market volatility, and the imperative to strengthen corporate governance to ensure operational continuity and long-term sustainability. This study aims to analyze the influence of digital banking, company characteristics, and capital structure on banking financial resilience with Good Corporate Governance (GCG) as an intervening variable in conventional commercial banks listed in the LQ45 Index on the Indonesia Stock Exchange. The research method uses a quantitative approach with an explanatory research design that adopts purposive sampling techniques for five conventional banks (Bank Central Asia, Bank Negara Indonesia, Bank Rakyat Indonesia, Bank Mandiri, and Bank Tabungan Negara) for the 2019- 2023 period. Data analysis used Structural Equation Modeling based on Partial Least Squares (SEM-PLS) with SmartPLS software version 4.1.1.2 to evaluate measurement models and structural models. The results of the study show that digital banking does not have a significant effect on GCG or banking financial resilience, while company characteristics have a significant positive effect on financial resilience and negative on GCG. Capital structure has a significant negative effect on GCG but not significantly on financial resilience. GCG has not been proven to be an effective intervening variable in strengthening the relationship between independent variables and financial resilience. The research concludes that internal factors of the company have a dominant role in determining the financial resilience of banks compared to digital technology innovations, so banking institutions need to integrate digitalization strategies with strengthening internal fundamentals and comprehensive GCG implementation.
Impact Of Disclosure Green Intellectual Capital, Green Innovation, And Corporate Social Responsibility On Firm Value With Financial Performance And Environmental Performance As Intervening Variables: A Study On Companies Food And Beverage On The Indonesian Stock Exchange Fiyelex, Riandi; Hwihanus; R. Pandin, Maria Yovita R. Pandin
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.576

Abstract

The research method uses a quantitative approach with secondary data from annual reports and sustainability reports. The research population is companies in food and beverage listed on the IDX and PROPER for the 2021-2023 period. The research sample consisted of 9 companies with a total of 27 observations over three years. The data analysis technique used Structural Equation Modeling with Partial Least Square (PLS-SEM) version 2.0 M3 to test 18 research hypotheses. The results of the study showed that green intellectual capital does not have a significant effect on firm value, financial performance, and environmental performance. Green Innovation Significant effect on firm value, but no significant effect on financial performance and environmental performance. Corporate social responsibility has a significant effect on financial performance, environmental performance, and firm value. Financial performance has a significant effect on firm value, while environmental performance does not have a significant effect on financial performance and firm value. The results of the mediation test indicate that financial performance and environmental performance are not proven to be mediating variables in the relationship between independent variables and firm value. This study contributes to the literature on green business practices and corporate value in the context of the Indonesian food and beverage industry.
The Effect of Macroeconomic Fundamentals, Capital Structure and Technology on Stock Return with Good Corporate Governance and Financial Performance as Intervening Variables: A Study of Manufacturing Companies on the Indonesia Stock Exchange Pertiwi, Ana; Hwihanus; R. Pandin, Maria Yovita
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.579

Abstract

This study analyzes the effect of macroeconomic fundamentals, capital structure, and technology on stock return with good corporate governance and financial performance as intervening variables in manufacturing companies on the Indonesia Stock Exchange for the period 2021-2023. The research method uses Partial Least Squares-Structural Equation Modeling (PLS-SEM) with 24 observations from 8 manufacturing companies. Secondary data were obtained from financial statements, annual reports, and official publications. Results show that only 5 out of 18 hypotheses are significant. Good corporate governance has a highly significant effect on financial performance (β=0.799, p=0.000). Macroeconomic fundamentals have a positive effect on good corporate governance (β=0.449, p=0.009). Capital structure has a positive effect on good corporate governance (β=0.513, p=0.021) and financial performance (β=0.307, p=0.001). Good corporate governance mediates the effect of macroeconomic fundamentals on financial performance (β=0.359, p=0.027). Technology has no significant effect on endogenous variables, confirming the Solow Productivity Paradox. The relationship between governance and financial performance with stock return is not significant, indicating market inefficiency.
The Influence of Organizational Commitment, Work Flexibility and Work Load on Employee Performance with Innovative Work Behavior as an Intervening Variable at PT. Ruang Raya Indonesia Kusumaningrum, Sari Dewi; Andjarwati, Tri; Nugroho, Riyadi
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.580

Abstract

PT. Ruang Raya Indonesia (Ruangguru) is the largest technology company in Indonesia that focuses on education-based services. Ruangguru develops various technology-based learning services, including virtual classroom services, online platform tests, subscription learning videos, private tutoring marketplaces, and other educational content that can be accessed through the Ruangguru website and application. Ruangguru has a mission to provide and expand access to quality education through technology for all students, anytime and anywhere, and also aims to improve the quality of teachers by creating jobs and additional income for teachers in Indonesia. Ruangguru believes that by improving the quality of teachers, the quality of education in Indonesia will also improve, and is determined to continue to develop our services and collaborate with various parties to achieve the desired goals. The purpose of this study was to determine the effect of organizational commitment, work flexibility, and workloadon employee performance with innovative work behavior as an intervening variable at PT. Ruang Raya Indonesia. This study uses a quantitative method with primary data sources obtained from distributing questionnaires. The research population is employees of PT. Ruang Raya Indonesia. The selection of respondents was carried out using the saturated non-probability sampling method with a total of 93 respondents. The data analysis method uses descriptive analysis and SEM-PLS analysis. The results of the study indicate that the variables of organizational commitment, work flexibility, and workloadaffect employee performance with innovative work behavior as an intervening variable at PT. Ruang Raya Indonesia.
The Effect Of Career Development And Work Culture On Job Satisfaction Sudiarti, Sri; Edward, Yusuf Ronny; Suryani; Sundarsih, Dedeh; Hartanto
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.596

Abstract

This study aims to determine the influence of career development and work culture on job satisfaction at PT. Surya Dharma Utama (SDU) Semarang. The research method used is quantitative. The sample size was 58 employees at PT. Surya Dharma Utama (SDU) Semarang. The sample size was determined using a saturated/census sample. The research instruments used were a questionnaire and an interview schedule. The results of the quantitative study were analyzed using SPSS 26. The results showed that career development and work culture have a positive and significant effect on job satisfaction at PT. Surya Dharma Utama (SDU) Semarang.
Poverty and Its Mitigation Efforts in Aceh Province during the 2020–2024 Period Zainuddin, Zainuddin; T. Makmur
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.603

Abstract

The aim of this study is to provide information on the presence of the poor population in Aceh Province and to evaluate whether the poverty alleviation programs implemented by the Aceh government have had an impact on reducing poverty rates in the province. This research adopts a descriptive qualitative approach, collecting data through observation from the official websites of the government and the Aceh Provincial Statistics Agency concerning the number of poor people and poverty alleviation programs. During the observation period, it was found that there was a significant increase in the number of poor people from 2020 to 2021, which rose by 19,330 individuals, resulting in a total of 834,240 poor people in 2021, or 15.33% of the total population of Aceh Province. However, a significant decline occurred from 2021 to 2022, with a reduction of 27,420 individuals, bringing the number of poor people in 2022 to 806,820. This indicates the success of the poverty alleviation programs, both from the central government and the local government. Nevertheless, the decrease in poverty slowed down considerably from 2022 to 2023, with a mere reduction of 70 individuals, suggesting that the poverty alleviation efforts were less successful, leaving the total number of poor people in 2023 at 806,750. Furthermore, between 2023 and 2024, there was a more substantial decrease in poverty, with a reduction of 2,220 individuals, bringing the total number of poor people to 804,530 by 2024. Therefore, it can be concluded that poverty alleviation in Aceh Province from 2021 to 2022 was relatively successful, from 2022 to 2023 was unsuccessful, and from 2023 to 2024 showed improvement. However, overall, poverty alleviation has not been effective, as the poverty rate in 2024 remains at 14.23% of the total population. Ideally, the poverty rate should be below 8%. Therefore, it is crucial for stakeholders in Aceh Province to design effective and efficient poverty alleviation programs to achieve an ideal poverty rate of ≤ 8% of the total population.
Exploring the Determinants of Performance Based on Human Resources Management and Work Motivation Khasanah, Muthi’atul; Qusaeri, Muammar Afif Al; Khasbulloh, M. Wahab; Wiliyanto
Indonesian Journal Economic Review (IJER) Vol. 5 No. 2 (2025): October
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v5i2.627

Abstract

This study aims to analyze the influence of human resources management and work motivation on employee performance at CV Guna Dharma Klaten. This study used a quantitative approach with a survey method. Respondents consisted of 97 CV Guna Dharma Klaten employees selected using a census technique. The research instrument was a questionnaire measured using a 5-point Likert scale. Data were analyzed using Partial Least Squares (PLS) using SmartPLS 4 software to test the direct relationship between variables. The results indicate that human resources management and work motivation have a significant positive effect on employee performance. The practical implication of this study is the need for an HRM strategy that emphasizes creating work motivation to strengthen employee engagement, thereby achieving sustainable performance improvement. This research contributes to the development of a conceptual model in the field of human resource management to understand the mechanisms for improving employee performance.

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