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Imam Sujono
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contact@risetpress.com
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INDONESIA
Journal of Business Management and Economic Development
ISSN : -     EISSN : 29869072     DOI : https://doi.org/10.59653/jbmed
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 All submitted articles should report original, previously unpublished research results, experimental or theoretical, and will be peer-reviewed.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.
Articles 255 Documents
Influence of Blockchain and Artificial Intelligence on Audit Quality: Evidence from Indonesia Wardani, Nadia Amalia; Suryaningrum, Diah Hari
Journal of Business Management and Economic Development Том 4 № 01 (2026): 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.v4i01.2173

Abstract

The purpose of this study is to investigate the impact of blockchain technology and artificial intelligence (AI) on audit quality through the participation of auditors from Indonesian Public Accounting Firms (KAP).  The conceptual framework for this study is based on Agency Theory and the Technology Acceptance Model (TAM), which describe how technological advancements might improve auditors' performance and accountability by eliminating knowledge asymmetry between agents and principals.  Primary data from 207 respondents were gathered using a convenience sampling method.  The study used a quantitative research design with a survey disseminated to auditors via structured questionnaires. The SmartPLS 4 software was used to perform data analysis utilizing the Partial Least Squares-Structural Equation Modeling (PLS-SEM) technique.  The findings show that blockchain technology improves audit quality by increasing transparency, correctness, and dependability of audit data via real-time and immutable transaction recording.  Furthermore, artificial intelligence (AI) improves audit quality by supporting auditors in finding abnormalities, assessing risks, and expediting the audit process via automated data analysis.
Green Supply Chain Management Practices for Green Innovation Agwot, Komakech Robert
Journal of Business Management and Economic Development Том 4 № 01 (2026): 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.v4i01.2133

Abstract

Green supply chains are a central focus of environmental performance, prompting firms to rapidly adopt Green Supply Chain Management (GSCM) practices to formalize environmental priorities across sourcing, operations, logistics, and recovery. Recent empirical research on the link between GSCM and green innovation has increased but remains somewhat fragmented. This paper presents a supply chain–centered conceptual synthesis of GSCM practices to foster green innovation. It reviews both foundational and recent research, focusing on five key GSCM practices such as green purchasing, supplier collaboration, eco-design, reverse logistics, and internal environmental management, and explains how these practices enable the development of green product, process, and organizational/ managerial innovations. The review shows that green innovation is most convincingly linked to GSCM when practices form a complementary system. Specifically, upstream governance and collaboration generate environmental knowledge; eco-design translates environmental intent into innovation-ready product architectures; reverse logistics supports closed-loop learning and process renewal; and internal environmental management provides cross-functional alignment and governance to sustain innovation. This study contributes to the logistics and supply chain literature by conceptually synthesizing the operation of key GSCM practices as an integrated system to facilitate multi-dimensional green innovation along the supply chain.
Inter-Temporal Growth Dynamics in Nigeria: Leveraging on Domestic Investment, Domestic Savings, Foreign Portfolio Investment, Economic Freedom, and Corruption Agbogun, Oghenekparobo Ernest; Obaro, Victoria Chiamaka; Ezeabasili, Vincent N.; Alajekwu, Udoka Benard
Journal of Business Management and Economic Development Том 4 № 01 (2026): 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.v4i01.2144

Abstract

This study investigates the inter-temporal growth dynamics of Nigeria with emphasis on the roles of domestic investment, domestic savings, foreign portfolio investment (FPI), economic freedom, and corruption covering a period of 25 years spanning from 1997 to 2022. Data were sourced from IMF International Financial Statistics (IFS), World Development Indicators-WDI (2022), CBN Bulletin (2022). The empirical study adopted the ARDL model and the TDYL causality test. The ARDL test reported that domestic investment, domestic savings, economic freedom, foreign portfolio investment, corruption exerted negative significant effect on economic growth (ECG) in the short and long run validating the prediction of the sand the wheels theory of corruption. This conformed to the uni-directional causality between CORP and RGDP. The ARDL estimate evidenced that DINV has a positive minimal/insignificant effect on ECG of Nigeria both in the short and long run. Similarly, the TYDL granger causality test confirmed that bi-directional relationship exists between DINV and RGDP. Additionally, domestic savings exerted positive significant effect on ECG in Nigeria both in short and long run. Similarly, the TYDL causality test confirmed that uni-directional causality exist between DSAV and RGDP. Comparably, FPI inflows reported higher positive coefficient value in the long run than in the short run. Similarly, the TYDL granger causality test confirmed that bi-directional causality exist between FPI inflows and RGDP. Again, economic freedom improved ECG in both periods. Similarly, the TYDL granger causality test confirmed that uni-directional causality exist between EFCD and RGDP. Lastly, corruption exerted a significantly negative effect on economic growth in both periods.   Hence, the study concludes that for the Nigerian economy to experience outstanding growth, Nigerian investment must be used for productive purposes and not for personal gains. Lastly, the current domestic savings rate should be sustained. Lastly, the Nigerian government should encourage more inflows of foreign capital into the Nigeria economy since induces growth.
Business Research Methods and Methodology in Practice: Understanding the Advanced SmartPls Path Models in Structural Equation Modeling Adam, Abdul-Kahar
Journal of Business Management and Economic Development Том 4 № 01 (2026): 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.v4i01.2189

Abstract

The purpose of this paper is to advocate the use of SmartPLS in scientific research by adopting business methodologies and variables, namely discipline, good governance, and probity. The aim is to present the findings and data analysis using SmartPLS 4.1.1.4 components. The study population comprised 187 students in the Level 300 HRM class, and a sample size of 126 was determined using Krejcie and Morgan's (1970) formula. The results were based on factor loadings, discriminant validity, composite reliability, and collinearity statistics. The findings indicate that the outer loadings with appropriate p-values indicate that the majority of the factors are significantly loaded. But it is not a surprise that 1a. <- Good Governance, 1c. <- Good Governance, and 2a. <- Control of Corruption is not significantly loaded because it means that there are certain effects that affect Good Governance and the control of corruption. Responsibility and Discipline failed the discriminant validity test, indicating that the Follow Responsibility factor and the Discipline variable were not in agreement with the measurement, implying that certain factors affect this variable-factor relationship. SmartPLS 4.1.1.4 App was used to run the data.
Factors Affecting Private Economic Development in the Context of Economic Institutional Reform in Vietnam: An Empirical Study Trung, Phan Nhan
Journal of Business Management and Economic Development Том 4 № 01 (2026): 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.v4i01.2217

Abstract

This study investigates the key factors influencing private economic development (PED) within the context of ongoing economic institutional reform in Vietnam. Grounded in New Institutional Economics, the Resource-Based View, Dynamic Capabilities Theory, and Human Capital Theory, the research proposes and empirically tests a comprehensive framework comprising seven determinants: Institutional Environment (IE), Access to Finance (AF), Digital Transformation (DT), Human Capital Quality (HC), Government Support Policies (GS), Market Competition (MC), and Innovation Capacity (IC). A structured questionnaire was administered to 358 private enterprises across Ho Chi Minh City, Hanoi, Da Nang, and Can Tho, Vietnam. Data analysis was conducted using SPSS 26.0, employing Cronbach's Alpha reliability testing, Exploratory Factor Analysis (EFA), Pearson correlation, and multiple linear regression. The results reveal that six of the seven hypothesized factors significantly and positively affect PED, with Digital Transformation exhibiting the strongest influence (β  = 0.241, p < 0.001), followed by Access to Finance (β  = 0.203), Innovation Capacity (β = 0.196), Institutional Environment (β  = 0.187), Human Capital Quality (β  = 0.168), and Government Support Policies (β  = 0.152). Market Competition was not statistically significant. The model explains 68.3% of the variance in PED (Adjusted R² = 0.677). These findings provide critical evidence for policymakers to prioritize digital infrastructure, financial accessibility, and innovation ecosystems in fostering sustainable private sector growth in Vietnam.