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Priviet Social Sciences Journal
Published by PRIVIETLAB
ISSN : 2798866X     EISSN : 27986314     DOI : 10.55942/pssj
Core Subject : Economy, Education, Social,
Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences
PSSJ: Priviet Social Sciences Journal is an open access, monthly peer-reviewed international journal published by PRIVIETLAB. It provides an avenue to academicians, researchers, managers and others to publish their research work that contributes to the knowledge and theory of Social Sciences. PSSJ is published twelve a year. Publisher of Open Access Journals & Books designed to make it easy for worldwide researchers to discover leading-edge scientific research. Working closely with the global scientific community has been at the heart of our book and journal publishing activity. With a portfolio including journals, books, conference proceedings, we focus on Social Sciences and many more. PRIVIETLAB also publishes on behalf of other scientific organizations and represents their needs and those of their members. With worldwide impact, we support researchers, librarians and societies in their endeavours. PRIVIETLAB is an international center for supporting distinguished researchers, teachers, scholars and students who are researching various areas of Business, Science, and Technology. PRIVIETLAB wishes to provide good chances for academic and industry professionals to discuss recent progress in various areas of Business, Science, and Technology. PRIVIETLAB organizes many international conferences, symposia and workshops every year, and provides sponsor or technical support to researchers who wish to organize their own conferences and workshops.
Arjuna Subject : Ilmu Sosial - Ilmu Sosial (Lain-Lain)
Articles 1,067 Documents
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Profitability, dividend policy, and capital structure as determinants of stock price in IDX30 firms (2022–2024) Rizqiya Adha Riani; Hadi Suriono
Priviet Social Sciences Journal Vol. 6 No. 5 (2026): May 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i5.1923

Abstract

This study examines the partial and joint association between three fundamental financial signals — corporate profitability, dividend policy, and capital structure — and the stock price of blue-chip firms in the IDX30 index of the Indonesia Stock Exchange (IDX) during the post-pandemic period of 2022–2024. Drawing on signaling theory, trade-off theory, pecking-order theory, and the life-cycle theory of dividends, the study integrates three valuation-relevant signals — Return on Assets (ROA), Dividend Payout Ratio (DPR), and Debt-to-Equity Ratio (DER) — into a single explanatory framework that has rarely been examined within the IDX30 cohort. Using purposive sampling, a balanced short panel of 14 firms over three years (n = 42 firm-years, reduced to n = 38 after diagnostic outlier removal) was constructed from audited annual reports published through the official IDX website. The study employs pooled multiple-regression as the baseline specification while acknowledging the panel structure of the data; the limitations of pooled estimation for short panels and the implications for inference are discussed transparently in the methodology, and sector-stratified robustness is presented. Accounting predictors for year t are matched against the year-end closing price of year t, following common practice in prior Indonesian capital-market research; potential look-ahead implications are explicitly noted. The model is subjected to classical assumption tests (Kolmogorov-Smirnov for normality, VIF for multicollinearity, Glejser-style test for heteroscedasticity, and Durbin-Watson for autocorrelation). Results indicate that ROA is positively and significantly associated with stock price (β = 0.745, t = 13.35, p < 0.001), DPR is negatively and significantly associated with stock price (β = −0.558, t = −9.92, p < 0.001), and DER is positively and significantly associated with stock price (β = 0.573, t = 10.32, p < 0.001). Jointly, the three predictors explain 88.9% of the cross-sectional variance in stock price (F(3, 34) = 100.23, p < 0.001; Adj. R² = 0.889). The findings reinforce signaling theory for profitability, qualify the bird-in-hand interpretation of dividends in mature blue-chip firms (in line with life-cycle theory), and support a trade-off interpretation of moderate leverage in the IDX30 segment. Robustness checks and caveats relating to panel-data structure, sector heterogeneity (banks vs non-banks), and omitted growth-opportunity variables are discussed. The study contributes to the corporate-finance literature on emerging-market blue-chip equities and offers implications for investors, corporate managers, and capital-market policy.
Liquidity, Capital Structure, and Asset Utilisation as Determinants of Profitability: Evidence from Food and Beverage Sub-Sector Firms Listed on the Indonesia Stock Exchange (2021–2024) Syarifah Fadhila Meutya; Hadi Suriono
Priviet Social Sciences Journal Vol. 6 No. 5 (2026): May 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i5.1924

Abstract

This study examines the partial and joint association between three fundamental financial ratios — liquidity (Current Ratio, CR), capital structure (Debt-to-Equity Ratio, DER), and asset utilisation (Total Assets Turnover, TATO) — and profitability (Return on Assets, ROA) in food and beverage (F&B) sub-sector firms listed on the Indonesia Stock Exchange (IDX) over the post-pandemic period of 2021–2024. The study draws on trade-off theory, pecking-order theory, and the resource-based view of asset productivity. A purposive sampling procedure produced an initially balanced short panel of 17 firms over four fiscal years (n = 68 firm-year observations) after exclusion of firms that did not satisfy the continuous-listing criterion throughout 2021–2024. To address heavy-tailed financial-ratio distributions, the baseline pooled multiple regression is supplemented by a sensitivity analysis on a residual-trimmed subset (n = 32) and by firm fixed-effects estimation. Diagnostic tests (Kolmogorov-Smirnov for normality, VIF for multicollinearity, Glejser test for heteroscedasticity, Durbin-Watson for autocorrelation) are reported transparently. Results on the trimmed analytical sample indicate that, partially, CR is not significantly associated with ROA (β = 0.224, t = 1.37, p = 0.182), DER is positively and significantly associated with ROA (β = 0.759, t = 5.29, p < 0.001), and TATO is not significantly associated with ROA (β = −0.108, t = −0.69, p = 0.497). Jointly, the three predictors significantly explain ROA variation (F(3, 28) = 9.51, p < 0.001; Adj. R² = 0.452). The Durbin-Watson statistic (DW = 0.751) indicates positive first-order autocorrelation, which the study acknowledges as a substantive limitation, and the substantial reduction in sample size during outlier handling is reported transparently. Results are interpreted as associational rather than causal, and the positive DER–ROA coefficient is interpreted as consistent with a trade-off interpretation in the studied sample rather than as evidence of an optimal-leverage threshold. The study contributes to the corporate-finance literature on emerging-market F&B profitability and offers implications for managers, investors, and capital-market regulators.
Organizational culture, leadership style, and work motivation as determinants of employee performance: Evidence from Non-ASN contract personnel at the Regional Secretariat of Batu Bara Regency, Indonesia Wanda Ayulia Syahputri; Surya Bakti
Priviet Social Sciences Journal Vol. 6 No. 5 (2026): May 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i5.1925

Abstract

Non-Civil Servant or non-Aparatur Sipil Negara (non-ASN) contract personnel are a distinct public-sector Human Resource Management (HRM) group because they perform routine government work while remaining outside the formal ASN career structure and face greater contract uncertainty than Civil Servants or Pegawai Negeri Sipil (PNS) or Government Employees with Work Agreements or Pegawai Pemerintah dengan Perjanjian Kerja (PPPK) employees. This study examines the association between organizational culture, leadership style, work motivation, and self-rated employee performance among non-ASN contract personnel at the Regional Secretariat or Sekretariat Daerah (Setda) of Batu Bara Regency, North Sumatra, during the post-2024 employment status transition during the employment-status transition following Law No. 20 of 2023 and KepmenPANRB No. 16 of 2025. A cross-sectional survey was conducted with 56 usable responses from a population of 132 non-ASN personnel. The instrument used seven-item Likert scales for each construct, with item-total correlations exceeding the critical r = 0.263, and Cronbach's alpha values ranging from 0.889 to 0.948. Multiple linear regression showed that organizational culture (beta = 0.403; p < 0.001), leadership style (beta = 0.508; p < 0.001), and work motivation (beta = 0.469; p < 0.001) were each positively associated with self-rated employee performance, and the three predictors were jointly significant (F(3, 52) = 32.83; p < 0.001; adjusted R2 = 0.635). Leadership style emerged as the strongest correlate, suggesting that supervisor behavior is especially salient in a hierarchical bureaucracy where contract personnel depend heavily on immediate supervisors for task direction, recognition, and perceived job security. Because the data were cross-sectional, single-source, and self-rated, the findings were interpreted strictly as context-specific associations rather than causal effects. This study contributes initial evidence on an understudied non-ASN workforce and recommends multi-source, longitudinal, and multi-regency replications.
DuPont decomposition of return on assets in Indonesian retail firms, 2022–2024 Evi Puspita Sari; Nisfu Fhitri
Priviet Social Sciences Journal Vol. 6 No. 5 (2026): May 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i5.1926

Abstract

Profitability in the Indonesian retail subsector reflects the joint operation of operating-cycle efficiency, capital-structure composition, and margin discipline. The DuPont identity (DuPont de Nemours, 1919; Soliman, 2008) expresses Return on Assets (ROA) as the product of Net Profit Margin (NPM) and Total Asset Turnover (TATO); the static trade-off theory (Modigliani & Miller, 1963; Myers, 1984) and the pecking-order hypothesis (Myers & Majluf, 1984) provide competing predictions on the sign of the leverage–profitability relationship. This study presents a pooled-OLS DuPont decomposition of ROA with the Debt-to-Asset Ratio (DAR) as an incremental control, using a balanced firm-year sample drawn from retail subsector firms listed on the Indonesia Stock Exchange (IDX) over 2022–2024. The study deliberately frames the OLS specification as an associational decomposition rather than as a strong determinant model, because two of the three predictors (NPM, TATO) are accounting-arithmetic components of the dependent variable (ROA). A purposive sampling procedure applied to a population of 29 listed retail firms produced a balanced sample of 19 firms with three years of complete audited financial statements, yielding 57 firm-year observations. The OLS regression was estimated with standard classical-assumption diagnostics (Kolmogorov-Smirnov normality; VIF multicollinearity; scatterplot and Glejser heteroscedasticity; Durbin-Watson autocorrelation), all satisfied at conventional thresholds. Results show that TATO and NPM are positively and significantly associated with ROA (TATO: B = 0.030; t(53) = 5.88; p < 0.001; NPM: B = 0.914; t(53) = 14.06; p < 0.001), while DAR is statistically indistinguishable from zero (B = 0.008; t(53) = 0.61; p = 0.542). The simultaneous test confirms joint significance (F(3, 53) = 69.68; p < 0.001) with an adjusted R² of 0.786 — a magnitude that is mathematically expected under the DuPont identity rather than a novel determinant finding. Findings are interpreted as initial, context-specific associational evidence; the modest sample, pooled-OLS specification, survivorship-related selection criterion, and DuPont arithmetic between the predictors and the dependent variable all constrain the strength of any determinant interpretation. The study identifies fixed-effects panel estimation with firm-clustered robust standard errors, omitted-variable controls (firm size, sales growth, year effects), short-term/long-term debt disaggregation, and non-linear DAR specifications as further-research priorities.
Menstrual leave for female workers in Indonesia from the perspective of SDGs 3, 5, and 8 Dhiyaa Thurfah Ilaa; Rona Agustin
Priviet Social Sciences Journal Vol. 6 No. 6 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i6.1930

Abstract

This study’s purpose is to explore the implementation of menstrual leave policy for female workers in Indonesia linked it through the perspective of Sustainable Development Goals, specifically goal 3 of SDG: Good Health & Well-Being, goal 5 of SDG: Gender Equality, and goal 8 of SDG: Decent Work & Economic Growth). Menstrual leave rights for female workers in Indonesia have been regulated by Law, however there are significant gaps on the implementation. By using qualitative approach through semi-structured interviews with female workers in Indonesia, this study identified four main themes: knowledge & awareness of menstrual leave rights, implementation variations of menstrual leave rights at workplaces, organizational culture & workplace support of women’s reproductive issues, and perception of productivity & appreciation of female workers. The results show that there is indeed a gap in the implementation of menstrual leave amongst the informants, with different reasons. The informants believe that menstrual leave can help with their physical and mental health, and built inclusivity and equality in their workplaces. This finding also confirms that for female workers in Indonesia, the support for their reproductive health at work can give positive contributions towards their work productivity.
Local food diversification in the Free Nutritious Meal Program: A development communication and SDGs perspective Rona Agustin; Dhiyaa Thurfah Ilaa; Dhiya Alfiyyah Ansar
Priviet Social Sciences Journal Vol. 6 No. 6 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i6.1931

Abstract

Indonesia possesses abundant food biodiversity; however, its national food system remains highly dependent on rice and imported wheat-based products, limiting food diversification and increasing its vulnerability to global crises and climate change. The Free Nutritious Meal Program has emerged as a strategic policy to improve nutritional outcomes and promote the utilization of local food resources. This study aimed to analyze local food diversification within the Free Nutritious Meal Program from the perspectives of development communication and Sustainable Development Goals (SDGs). This study employed a descriptive qualitative approach using a literature review. Data were collected from scientific journals, government policy documents, official reports, and relevant publications published between 2015 and 2025. Data analysis was conducted using the interactive model of Miles, Huberman, and Saldaña, which includes data reduction, data display, and conclusion drawing. The findings indicate that the success of local food diversification depends not only on food production and distribution systems but also on policy communication, media framing, nutritional education, community participation, and institutional support. The program has significant potential to contribute to SDG 2 (Zero Hunger), SDG 3 (Good Health and Well-Being), SDG 12 (Responsible Consumption and Production), and SDG 15 (Life on Land). This study contributes to the literature by integrating local food diversification, development communication, the Free Nutritious Meal Program, and SDGs perspectives into a single analytical framework. This study highlights the importance of participatory and sustainable communication strategies in transforming local food into a competitive and sustainable national food identity.
Workload, work stress, and internal communication as predictors of employee loyalty in a regional agriculture office Nurhaqiqi Rizqi; Surya Bakti
Priviet Social Sciences Journal Vol. 6 No. 5 (2026): May 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i5.1944

Abstract

This study examined workload, work stress, and internal communication as predictors of employee loyalty among civil servants or Aparatur Sipil Negara (ASN) at the Asahan Regency Agriculture Office in North Sumatra, Indonesia. Drawing on the Job Demands-Resources (JD-R) model and Social Exchange Theory, this study uses a quantitative explanatory design with saturation sampling of the fully eligible workforce (N = 31). Data were collected using a five-point Likert questionnaire and analyzed using multiple linear regression. The results show that workload is positively associated with employee loyalty (B = 0.508, p = .007), and internal communication is also positively associated (B = 0.389, p = .025), while work stress is not statistically significant (B = -0.050, p = .618). The three predictors were jointly significant (F(3, 27) = 52.71, p < .001; adjusted R² = .838), although the high explanatory power should be interpreted cautiously, given the small, single-site, self-report design. This study contributes to public-sector HRM by showing that, in a tenure-protected regional agriculture office, a manageable workload and effective communication may be more closely linked to loyalty than work stress. The findings are context-specific and should be tested in larger, multi-agency studies.
Brand ambassador, product quality, and price as predictors of skincare purchase intention on Shopee Risma Agustina; Normansyah Normansyah
Priviet Social Sciences Journal Vol. 6 No. 5 (2026): May 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i5.1946

Abstract

This study examined whether brand ambassador endorsement, product quality, and price are associated with skincare purchase intention among Shopee users in Asahan Regency, North Sumatra, Indonesia. Drawing on source credibility and cue utilization theories, this study used a quantitative cross-sectional design with purposive sampling. Data were collected from 96 respondents who had purchased skincare products through Shopee within the previous 12 months and were analyzed using multiple linear regression. The results show that brand ambassador endorsement is positively and significantly associated with purchase intention (B = 0.190, p = .003), while price is the strongest positive predictor (B = 0.713, p < .001). Product quality was positive but not statistically significant (B = 0.074, p = .123). The three predictors were jointly significant, with an adjusted R² of .819. Because the design was cross-sectional and all variables were self-reported, the findings were interpreted as associations rather than causal effects. This study contributes to the literature by integrating source-credibility and cue-utilization perspectives in a regency-level Indonesian e-commerce skincare market and cautiously interpreting the non-significant product-quality result as consistent with possible cue-use reweighting, not as direct proof of cue substitution.
Utilization of technology-based learning media in junior high school mathematics learning: A systematic literature review I Gede Danur Prabawa Semara; Raphita Yanisari Silalahi; I Wayan Puja Astawa
Priviet Social Sciences Journal Vol. 6 No. 6 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i6.1947

Abstract

This study aimed to examine and synthesize research findings on the utilization of technology-based learning media in junior high school mathematics learning. This study employed a Systematic Literature Review (SLR) approach following PRISMA guidelines to ensure a systematic, transparent, and replicable process. Data were collected from the Google Scholar, Garuda, and Sinta databases, resulting in 17 selected articles out of an initial 32,100 records after a rigorous screening process. The findings indicate that technology-based learning media, such as interactive multimedia, instructional videos, Android-based applications, and virtual laboratories, have a positive impact and are generally considered valid, practical, and effective for improving students’ conceptual understanding, motivation, engagement, and learning outcomes. The research methods identified include Research and Development (R&D) as the most dominant approach, as well as quantitative, qualitative, and community service or Pengabdian Kepada Masyarakat (PKM) studies. These media have been applied to various mathematics topics, including algebra, geometry, arithmetic, and statistics. However, most studies are limited by short implementation periods and small sample sizes, and they tend to focus more on product development rather than on long-term impacts or higher-order thinking skills. Therefore, future research should examine long-term effects and develop more innovative, student-centered learning approaches that promote critical thinking and problem-solving skills.
Political communication in restoring public trust: A case study of President Prabowo’s response to the attack on TNI-UNIFIL peacekeepers by Israel Achmad Kadafi; Irva Wike Aprisa; Edison Bonartua Hutapea
Priviet Social Sciences Journal Vol. 6 No. 6 (2026): June 2026
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v6i6.1949

Abstract

The attack on TNI-UNIFIL (United Nations Interim Force in Lebanon) peacekeeping observation posts by the Israeli military in October 2024 presented a significant diplomatic and political challenge for the newly inaugurated administration of President Prabowo Subianto. This study analyses the political communication strategies employed by President Prabowo in responding to the incident and their impact on restoring both domestic and international public trust. Employing a qualitative approach through Critical Discourse Analysis (CDA) and frameworks of Agenda Setting, Framing Theory, and Political Communication Theory, this research examines official statements, press conferences, state speeches, and diplomatic communications conducted by the Indonesian government. Findings indicate that President Prabowo utilized a four-layered communication strategy: (1) nationalism and state sovereignty framing; (2) mobilization of international solidarity through multilateral diplomatic channels; (3) coordinated media narrative management; and (4) construction of assertiveness-based leadership identity. This strategy effectively increased domestic public trust by 12.3% based on post-incident surveys, while simultaneously strengthening Indonesia's position in international forums. This study contributes to the development of political communication theory in the context of diplomatic crises in emerging democratic nations. Keywords: Diplomatic Crisis, Media Framing, Political Communication, Public Trust, TNI-UNIFIL.

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