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 185 Documents
The Role of Knowledge-Based Human Resources in Developing Personal Creativity and Increasing Productivity Endang Meiliani; Mustika; Wenny Desty Febrian; Indra Sani; Wella Sandria
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.848

Abstract

Knowledge-based human resources are the embodiment of intellectual capital, which plays a central role in driving progress in the modern economic era. When individuals place knowledge as the primary foundation of their activities, they no longer rely solely on physical strength or repetitive mechanical skills, but instead optimize their cognitive capacity to digest, analyze, and reconstruct information into new ideas. This in-depth and multidimensional knowledge acts as a powerful fuel for the development of personal creativity. This study aims to explain the role of knowledge-based human resources in developing personal creativity and increasing productivity. This research method is qualitative, using secondary data such as books and journal articles. The research results show that the role of knowledge-based human resources is a crucial asset in the modern economic era. Unlike conventional human resources that rely on physical strength or routine, knowledge-based human resources rely on intellectual wealth, expertise, and analytical skills in developing personal creativity and increasing productivity. 
The Role of Business Sustainability in the Financial Management Governance of Micro, Small, and Medium Enterprises in the Digital Era Bryant Ritchie Trisnodjojo; Nirmadarningsih Hiya; Supiati; Renaldi; Nurnaningsih Utiarahman
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.849

Abstract

The purpose of this study is to explain the role of business sustainability in the financial management governance of micro, small, and medium enterprises in the digital era. This research employed a descriptive qualitative approach, with secondary data such as books and journal articles as references to aid analysis. The research results show that in the digital era, the concept of business sustainability is no longer merely a trend or a moral responsibility, but rather a strategic pillar that determines the life or death of micro, small, and medium enterprises. When integrated into financial management governance, sustainability serves as a navigator, ensuring that the use of digital technology not only pursues short-term profits but also long-term resilience. To survive and compete in the modern market, micro, small, and medium-sized enterprises are advised to immediately transition from manual financial record-keeping to digital-based systems such as smart accounting applications and integrated automated cashier platforms. This digitalization plays a crucial role because it provides full visibility of cash flow in real time, minimizes the risk of human error, and provides accurate data for rapid strategic decision-making.
The Effect of Job Demand and Internal Communication on Employee Performance at PT Lao Chow Indonesia Rifqy Munif; Sunimah
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.851

Abstract

Employee performance is a critical determinant of organizational success, particularly in the manufacturing sector where workload management and effective communication are key operational challenges. This study aims to examine the effect of job demand and internal communication on employee performance at PT Lao Chow Indonesia. The research employs a quantitative approach using a survey method with a sample of 110 employees selected through a purposive sampling technique. Data were collected using structured questionnaires and analyzed using multiple linear regression analysis. The results indicate that job demand does not have a significant effect on employee performance, while internal communication has a positive and significant effect on employee performance. Simultaneously, job demand and internal communication significantly influence employee performance. The coefficient of determination shows that these variables explain 26.2% of the variance in employee performance, while the remaining 73.8% is influenced by other factors.
Financial Literacy and Digital Financial Behavior on Financial Decision Making Alfiana; Upik Djaniar; Rezario Febrianta Chandra; Musran Munizu; Listiana Sri Mulatsih
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.852

Abstract

The purpose of this study is to understand how financial literacy and digital financial behavior influence financial decision making in the digital economy era. The research approach used in this study is descriptive research based on the analysis of theoretical relationships. To assist this research approach in explaining theoretical relationships, secondary data such as books, journals, and other related sources are needed. The results of this study indicate that the interaction between financial literacy and digital financial behavior is the two main pillars that determine the quality of financial decision making in the digital economy era. The interplay between financial literacy, digital financial behavior, and financial decision making creates a crucial synergy in navigating today's economic complexities. Financial literacy and digital financial behavior serve as cognitive foundations, while financial decision making is the manifestation of actions within the technology ecosystem. 
The Effect of Profitability, Liquidity, And Solvency on Firm Value With Firm Size As A Moderating Variable Salsabilla Azzahra Hanafi; Krisdiana
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.855

Abstract

This study aims to analyze the effects of profitability, liquidity, and solvency on firm value and to examine the role of firm size as a moderating variable among energy sector companies listed on the Indonesia Stock Exchange (IDX). The study population consists of 29 energy sector companies with a total of 87 observations over the 2022–2024 observation period. The analytical methods used are panel data regression and Moderated Regression Analysis (MRA) to test the relationships among variables and the moderating effects. The results indicate that profitability (ROE) has a positive and significant effect on firm value (PBV), while liquidity (CR) and solvency (DER) do not have a significant effect. The moderation test proves that firm size is only able to moderate the effect of profitability on firm value, but does not moderate the effects of liquidity or solvency. The conclusion of this study confirms that profitability is the main factor considered by investors in evaluating energy sector firms, while liquidity and solvency are not yet significant considerations without being supported by good profit performance.
Enhancing Local Government Financial Statement Quality: The Role of Apparatus Quality, Technology Utilization, Accounting Policies, and Internal Control Winda Febri Lestari W.R; Robinson; Rini Indriani
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.856

Abstract

This study aims to examine the influence of the quality of financial management officials and the use of technology on the quality of financial reports, with the application of accounting policies as a mediator and internal control as a moderator. Respondents in this study were financial management officials at 40 Regional Work Units (SKPD) in Central Bengkulu Regency, consisting of 29 Regional Government Organizations and 11 Districts, with a saturated sampling technique. The data analysis tool used in this study was SEM-PLS. The test results show that the quality of financial management officials significantly influences the application of accounting policies, while the use of technology does not. The application of accounting policies significantly influences the quality of financial reports and mediates the effect of the quality of financial management officials on the quality of financial reports, but does not mediate the effect of technology use. Internal control was not proven to moderate the relationship between accounting policies and the quality of financial reports. This study provides one model option for improving the quality of local government financial reports through strengthening the application of accounting policies.
The Effect of Employer Branding and Digital Recruitment on Generation Z’s Job Application Intention: The Mediating Role of Candidate Experience Ainiyah Aprelianingrum; Sagung Ayu Dwianjani Trisna Indraswari; Siti Mujanah; I Made Suparta
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.857

Abstract

The rapid development of digital technology has encouraged companies to adopt employer branding and digital recruitment strategies to attract Generation Z job applicants. This study aims to analyze the influence of employer branding and digital recruitment on job application intention through candidate experience as a mediating variable. This research employed a quantitative approach using Structural Equation Modeling-Partial Least Square (SEM-PLS). Data were collected through online questionnaires distributed to 115 Generation Z respondents in East Java and Bali who had experience applying for jobs. The results indicate that employer branding and digital recruitment have a positive and significant effect on candidate experience and job application intention. However, candidate experience does not significantly affect job application intention and is unable to mediate the relationship between employer branding and digital recruitment on job application intention. The findings indicate that employer branding and digital recruitment directly influence Generation Z's job application intention, whereas candidate experience does not function as a significant mediator. Therefore, organizations should prioritize strengthening employer branding and optimizing digital recruitment systems to attract Generation Z applicants.
An Islamic Economic Law Analysis of the Mudharabah Muqayyadah Contract at Toko Madura Riska in Jakarta Siti Maisun; Mohammad Mahmudi
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.858

Abstract

This study examines the implementation of the mudharabah muqayyadah contract at Toko Madura Riska in Jakarta from the perspective of Islamic Economic Law. The research aims to analyze the practice of the contract and assess its compliance with Sharia principles. This study employed a qualitative method with an empirical juridical approach. Data were collected through interviews, observations, and documentation involving the capital owner and the business manager. The findings show that the partnership is conducted between a capital owner and a business manager with a capital investment of IDR 85,000,000. Profits are shared equally (50:50) and distributed monthly. The practice has fulfilled several essential elements of a mudharabah muqayyadah contract, including the existence of contracting parties, clear capital, and an agreed profit-sharing ratio. However, the contract is conducted orally without written documentation, and business losses are borne by the manager regardless of negligence. These practices are not fully consistent with the principles of Islamic Economic Law. Therefore, the implementation of the mudharabah muqayyadah contract at Toko Madura Riska can be categorized as partially compliant with Sharia principles and requires greater contractual clarity and transparency.
The Moderating Effect of Inflation on the Relationship Between Return on Assets (ROA) and Stock Prices Chandra Firmansyah; Acep Komara
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.860

Abstract

This paper aims to examine the influence of Return on Assets on stock prices and furthermore assess the role of inflation as a moderating variable in food and beverage sector companies listed on the Indonesia Stock Exchange from 2022 to 2024. The study applies a quantitative approach using secondary data from yearly corporate financial disclosures, closing stock prices, along with official inflation data from Statistics Indonesia and Bank Indonesia. The research demographic consists of 98 companies. After applying purposive sampling, 42 companies chosen to serve as the research specimen, obtaining 126 data points. The data analysis was conducted using Stata 17 through pooled data analysis and Moderated Regression Analysis. The model selection process involved certain diagnostic tests (the Chow, Hausman, and Lagrange Multiplier tests), while the final model was analyzed using a Random Effects approach. The results show that Return on Assets has a positive and significant effect on stock prices. This finding indicates that asset efficiency remains a financial signal evaluated by investors when assessing a company's prospects. However, inflation does not moderate the relationship between Return on Assets and stock prices at the 5 % significance threshold. This low R-squared value indicates that stock prices are not only influenced by profitability and inflation, but also by other factors such as capital structure, firm size, interest rates, stock liquidity, and market sentiment.
The Role of Local Government Financial Performance in Reducing Unemployment Through Economic Growth In Bengkulu Province Witri Ariyanti; Rini Indriani; Saiful
Indonesian Journal Economic Review (IJER) Vol. 6 No. 2 (2026): June
Publisher : Divisi Riset, Lembaga Mitra Solusi Teknologi Informasi (L-MSTI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59431/ijer.v6i2.862

Abstract

This study analyzes the impact of local government financial performance on economic growth and unemployment rates, while also investigating the mediating role of economic growth. A quantitative approach is employed, utilizing panel data from 10 districts/cities in Bengkulu Province over the period of 2020–2024, resulting in a total of 50 observations. The data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The findings indicate that local government financial performance has a significant negative effect on economic growth and a significant positive effect on the unemployment rate. Furthermore, economic growth does not exert a significant effect on the unemployment rate and does not mediate the relationship between local government financial performance and unemployment. These results suggest that the main hypotheses proposed in this study are not supported by the empirical data. Improvements in regional fiscal performance have not been translated into productive economic activities and job creation. This study provides empirical evidence regarding the limitations of stewardship assumptions in local fiscal management, indicating that enhanced fiscal performance does not automatically lead to inclusive economic growth or a reduction in unemployment. Practically, the findings suggest that local governments should enhance the quality of spending allocation and strengthen productive sectors that support job creation.