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Journal of Business Management and Economic Development
Published by Riset Press International
ISSN : -     EISSN : 29869072     DOI : https://doi.org/10.59653/jbmed
Core Subject : Economy, Science, Education, Social, Engineering,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences Other
Journal of Business Management and Economic Development (JBMED) is an international academic open-access journal that has gained a foothold in Indonesia, Asia and is open to the world. It aims to promote the integration of trade, economics, and finance. The focus is to publish papers on state-of-the-art economics, business and management. Submitted papers will be reviewed by technical committees of the journal and association. The audience includes researchers, managers, and operators for economics, business, and management as well as designers and developers. All submitted articles should report original, previously unpublished research results, experimental or theoretical, and will be peer-reviewed. Articles submitted to the journal should meet these criteria and must not be under consideration for publication elsewhere. Manuscripts should follow the style of the journal and are subject to both review and editing.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 255 Documents
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Influence of Free Shipping, Discounts, and Online Customer Reviews on Purchasing Decisions at The Twin Date Event: Study on Shopee Online Shopping Community in Bandar Lampung Ramdani, Rahmat; Rifa'i, Ahmad; Saptiani, Fenny
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1859

Abstract

The advancement of digital technology has greatly influenced the commercial sector by enabling seamless online transactions through e-commerce platforms. Shopee emerges as one such platform that offers features like free shipping, attractive discounts, and online customer reviews, all of which have the potential to affect consumer purchasing decisions. The target is to test the impact of free shipping, discounts and online customer reviews on purchasing decisions on twin dating events on the Shopee platform. Employing a quantitative approach with an explanatory research design, the study targets consumers who have made purchases on Shopee and are part of the online shopping community in Bandar Lampung. This study employs a purposive sampling, which falls under the category of non-probability sampling, involving 100 respondents. SPSS 26 was used to analyze data collection through online questionnaires. This research shows the results that purchasing decisions at twin date events on the Shopee platform are each positively and partially influenced by the variables free shipping, discounts and online customer reviews. During a promotional event, purchasing decisions are positively influenced by these three variables when analyzed simultaneously.
Allocation of Input Use in Dryland Chili Farming of Kelompok Tani Hutan Panderman, Batu City Palus, Fridolin Triayen; Pudjiastuti, Agnes Quartina; Yoga, Tirta
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1869

Abstract

Chili cultivation in dryland areas faces significant challenges, including limited water availability, low soil fertility, and the risk of land degradation. Under such conditions, the efficient use of inputs becomes a critical factor in enhancing both productivity and the sustainability of farming practices. This study aims to examine the influence of production factors on chili yield and to assess the levels of technical, allocative, and economic efficiency among chili farmers in Kelompok Tani Hutan Panderman. A quantitative approach with a descriptive-analytical method was employed. Primary data were gathered through questionnaires administered to 32 farmers selected via a census method and analyzed using multiple linear regression within a Cobb-Douglas production function framework. The results indicate that land area, labor, and farming experience have a significant positive impact on production, whereas excessive use of urea fertilizer and pesticides exerts a negative effect. While technical efficiency was largely achieved, allocative and economic efficiencies remain suboptimal. These findings highlight the importance of optimizing input allocation, adopting water-saving technologies, and implementing balanced fertilization strategies. The study’s implications point toward strengthening agricultural extension services, promoting appropriate technology adoption, and enhancing farmers’ managerial capacities to achieve sustainable productivity and efficiency.
Analysis of the Influence of Labor, Unemployment Rate, and Education on Poverty Levels in Ngawi Regency Asmynenndar, Rafi Fahrezi; Primandhana, Wiwin Priana
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1873

Abstract

Poverty structural which is the most dominant in the Regency Ngawi. The poverty that occurs consequence imbalance in system economic, social, and policy, which causes part public difficult go out from poverty, although they own will For working. Development sector education in the Regency Ngawi Still limited and quality low impact on low welfare population, reflected from height number unemployment among poor people. Agriculture traditional Still dominant However not enough capable absorb power Work in a way effective. Meanwhilethat, modern industry and services have not developed, so that opportunities for productive work are still limited. Research This do testing hypothesis with use analysis regression multiple. Labor Force Variables and Unemployment Rate show positive influence However No significant to level poverty in the Ngawi Regency. The Education variable shows connection negative and influential significant to level poverty in the Regency Ngawi.
Impact of Monetary Policy on Economic Development in Nigeria Ayorinde, Babatunde Femi
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1879

Abstract

This research analysed how monetary policy affects Nigerian economic growth from 1986 until 2023. The study's dependent variable was Gross Fixed Capital Formation (GFCF), which represented economic growth, and its factors were money supply, exchange rate, private sector credit, inflation rate, and GDP. The study examined how money supply, exchange rate, private sector lending, and inflation effect Nigeria's economic development.    The auto regressive distributed lag (ARDL) model estimated that MS, EXCR, CPS, INFR, and GDP did not affect economic development over time. However, monetary policy indicators do not substantially impact Nigerian economic growth. To attract foreign investors, policymakers should keep the exchange rate favourable; the Nigerian government should use its monetary authority to boost the economy now and in the future; and to control inflation and boost economic growth, policymakers should regulate the money supply and exchange rate.
Implementation of the COSO ERM-Based Internal Control System in Marketing Management at Bank Mandiri Al Rasyid, Dwiyan; Suryanugraha, Dim Zarita; Syaiful, Rizal Fahmi; Lestari, Nadya Ayu; Hilman, Nadia Ulfa Agustin; Nisa, Ana Sakinatun; Adam, Asep Muhammad
Journal of Business Management and Economic Development Том 3 № 02 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i02.1891

Abstract

The Internal Control System (ICS) is a crucial element in ensuring that an organization's objectives are achieved effectively and efficiently, maintaining the integrity of financial reports, protecting organizational assets, and ensuring compliance with applicable regulations. This study aims to evaluate the effectiveness of implementing ICS based on the COSO Model Enterprise Risk Management (ERM) components at Bank Mandiri KCP Cikurubuk, Tasikmalaya. The methodology used in this study is a qualitative approach with a case study, where data was collected through in-depth interviews, documentation, and observations of the ICS application in marketing procedures and policies. The results of the study indicate that the implementation of ICS at Bank Mandiri KCP Cikurubuk has been running well and is relatively effective in controlling risks and monitoring performance. In particular, the supervision of marketing policies has been in accordance with the established procedures, and there has been adequate follow-up by the Government Internal Supervisory Apparatus (APIP) to maintain the sustainability of this effectiveness. The conclusion of this study is that the ICS implemented at Bank Mandiri KCP Cikurubuk is effective and efficient in supporting the achievement of organizational goals, as well as providing a solid foundation for better internal supervision in the future.
State Control, User Experience, and Purchase Intentions in the Digital Economy: Empirical Evidence from Vietnam Huynh Minh, Sang; Phan Nhan, Trung
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1896

Abstract

The rapid growth of digital commerce has reshaped consumer behavior, highlighting the role of state control, social media interaction (SMI), and user experience (UX) in influencing purchase decisions (PD). This study explores how government policies and regulations on digital platforms influence user engagement and online experiences, influencing purchase behavior. Drawing on institutional theory, the theory of planned behavior (TPB), and the unified theory of acceptance and use of technology (UTAUT2), the study develops and tests a conceptual model linking these factors. Data were collected from a quantitative survey of social media users in Vietnam and then analyzed using structural equation modeling (PLS-SEM). The results show that state control does not directly affect shopping behavior but mainly indirectly through social media interaction and user experience. At the same time, user experience plays the most important role in driving purchase decisions, emphasizing the importance of convenience, trust, and satisfaction when using digital platforms. In terms of practical applications, the study recommends that businesses optimize customer experience through intuitive and personalized digital interfaces based on AI while encouraging participation and interaction on the platform. The government must focus on building a safe digital ecosystem, strengthening the legal framework, and supporting small and medium-sized enterprises (SMEs) to participate in e-commerce. This study contributes to the literature by integrating state control as a factor influencing consumer behavior while providing useful, practical suggestions for policymakers and digital marketing strategies.
Influence of Word of Mouth, Store Atmosphere, Location, and Service Quality on Purchasing Decisions for MSME Product Farhani, Ahmad; Jamiah, Jamiah; Hayati, Rahmi; Taupik, Muhammad
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1900

Abstract

This study aims to analyze the influence of Word of Mouth, Store Atmosphere, Location, and Service Quality on purchasing decisions for MSME (Micro, Small, and Medium Enterprises) products at MM Food Court Tabalong. The research employs a quantitative method using a multiple linear regression analysis approach. Data sources were obtained through questionnaires distributed to 67 respondents, who were visitors to MM Food Court Tabalong. The results show that Word of Mouth, Location, and Service Quality have a significant positive influence on purchasing decisions for MSME products at MM Food Court Tabalong, as indicated by positive regression coefficients. On the other hand, Store Atmosphere did not show a significant effect on purchasing decisions. Based on the analysis, it is found that the combination of these four variables contributes 41.6% to purchasing decisions, while the remaining 59.4% is influenced by other factors not examined in this study. This study suggests that MSME managers at MM Food Court Tabalong should focus more on improving the quality of Word of Mouth, strategic location, and service quality. Meanwhile, efforts on Store Atmosphere should be maintained and preserved to encourage consumers to continue making purchasing decisions.
Influence of Influencer Marketing, Fear of Missing Out (FOMO), and Trust on Crypto Asset Purchase Decisions among Generation Z in Discord Miracle Class Kurniawan, Ezra Tri; Zuchroh, Imama
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1932

Abstract

This study aimed to determine the effect of Influencer Marketing, Fear of Missing Out (FOMO), and Trust on crypto asset purchase decisions among Generation Z participants in the Discord Miracle Class community. The research employed quantitative methodology and applied Partial Least Squares (PLS) analysis using SmartPLS software version 4.1.0.9. Data were collected from 94 respondents who are active members of the Discord Miracle Class community through online questionnaires. The results demonstrated that Influencer Marketing had a positive and significant effect on crypto asset purchase decisions among Generation Z (path coefficient = 0.421, p < 0.05). FOMO also exhibited a positive and significant effect on crypto asset purchase decisions (path coefficient = 0.312, p < 0.05). Similarly, Trust showed a positive and significant influence on crypto asset purchase decisions in the same demographic (path coefficient = 0.389, p < 0.05). The combined effect of these three variables explained 72% of the variance in purchase decisions (R² = 0.720). This study contributes to the development of literature in digital consumer behavior and financial technology adoption, particularly in the context of crypto asset investment among Generation Z. The findings provide valuable insights for marketers, financial institutions, and policymakers in understanding the psychological and social factors that drive cryptocurrency investment decisions among young digital natives.
Strategic Leadership in Digital Transformation: Organizational Capabilities and Performance Outcomes Hadi, Mokhamad Yaurizqika
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1938

Abstract

Digital transformation has emerged as a critical imperative for organizations seeking to maintain competitive advantage in an increasingly digital economy. This study examines the role of strategic leadership in driving successful digital transformation initiatives and their impact on organizational capabilities and performance outcomes. Through a comprehensive analysis of existing literature and theoretical frameworks, this research explores how strategic leaders navigate the complexities of digital transformation, develop necessary organizational capabilities, and achieve superior performance outcomes. The study reveals that strategic leadership plays a pivotal role in orchestrating digital transformation through vision articulation, resource allocation, culture transformation, and capability building. Organizations with effective strategic leadership in digital transformation demonstrate enhanced innovation capabilities, improved operational efficiency, better customer engagement, and superior financial performance. The findings suggest that strategic leaders must adopt a holistic approach that integrates technological advancement with organizational change management, talent development, and cultural transformation. This research contributes to the growing body of knowledge on digital transformation leadership and provides practical insights for executives leading digital initiatives in their organizations.
Digital Currency Adoption and Its Impact on Monetary Policy Effectiveness in Emerging Markets: A Comparative Analysis Jatiningrum, Citrawati; Ariningrum, Hardini; Abadi, Satria; Marantika, Abshor
Journal of Business Management and Economic Development Том 3 № 03 (2025): Journal of Business Management and Economic Development
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jbmed.v3i03.1940

Abstract

This study examines the relationship between digital currency adoption and monetary policy effectiveness across emerging markets through a comprehensive comparative analysis of twelve countries over the period 2018-2024. Using panel data regression analysis and a mixed-methods approach, we investigate how the proliferation of digital currencies—including cryptocurrencies and central bank digital currencies (CBDCs)—affects traditional monetary policy transmission mechanisms. Our findings reveal significant heterogeneity in the impact of digital currency adoption on monetary policy effectiveness, with countries exhibiting varying degrees of policy transmission disruption. The results indicate that higher levels of digital currency adoption are associated with reduced effectiveness of conventional interest rate policies, particularly in countries with weaker institutional frameworks. However, nations implementing CBDCs demonstrate improved monetary policy transmission compared to those with predominantly decentralized cryptocurrency adoption. The study contributes to the emerging literature on digital finance and monetary policy by providing empirical evidence of the trade-offs between financial innovation and monetary policy autonomy in developing economies. These findings have significant implications for central banks in emerging markets as they navigate the digital transformation of their financial systems while maintaining monetary stability.

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