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INDONESIA
Journal of Finance, Economics, and Business
ISSN : -     EISSN : 29881234     DOI : https://doi.org/10.59827/jfeb.v1i1
Core Subject : Economy, Social,
Journal of Finance, Economics, and Business (JFEB) is a journal that publishes scientific articles in the fields of economics, finance, and business with focus areas on the Asia-Pacific region. The Journal of Finance, Economics, and Business (JFEB) is published online twice a year in May and November. All processes in this journal use the Online Journal System (OJS). Articles published in this journal will go through a peer-review process.
Articles 62 Documents
BIG DATA TO FIND OUT THE RELATIONSHIP BETWEEN LABORS DEMAND AND SUPPLY WITH SEARCH INDEXES GOOGLE TRENDS Roosganda Elizabeth; Geraldy Samuel Ivan; Giovanni Inez Erika Margaretha; Didik Notosudjono; Martinus Tukiran; Widodo Sunaryo; Didit Ardianto; Nancy Yusnita; Yayan Hadiyat
Journal of Finance, Economics and Business Vol. 1 No. 2 (2023): JFEB, May 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The study aims to observe the dynamics of unemployment rate and the number of job openings in Java as the region that becomes the main crutch of the Indonesian economy and analyze the relationship between supply and demand of labor in during the pandemic using Web Scraping and Pearson correlation analysis. Web scraping results show that the largest number of job openings in Java Island early 2021 are in West Java and DKI Jakarta and the most demanded jobs are sales, marketing, followed by administration staff, low-level accounting, and finance. The correlation analysis shows a weak positive relationship of 0.45 between labor market supply and demand using the keyword” Lowongan Kerja” based on the google trends search index and a moderate positive of 0.54 using the keyword ”Loker” on the google trends search index.
THE EFFECT OF WORK ENVIRONMENT, MOTIVATION, AND WORK SATISFACTION ON EMPLOYEE PERFORMANCE: A CASE STUDY OF ONE OF THE REGIONAL-OWNED COMPANIES IN MEDAN Jesicha Onasis Br. Sembiring
Journal of Finance, Economics and Business Vol. 1 No. 2 (2023): JFEB, May 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v1i2.75

Abstract

This study aims to examine and analyze the effect of work environment, motivation and work satisfaction on employee performance at the Head Office of one of the regional-owned company in Medan. 137 people were chosen as the sample using a stratified random sampling technique out of 209 people of the population. This descriptive quantitative study applied Multiple Linear Regression Analysis as the analytical technique with a significance level of 5%. The results of this study has revealed that simultaneously work environment, motivation and work satisfaction have a significant effect on the employee performance of the Head Office of one of the regional-owned company in Medan. The partial test shows that each of the work environment, motivation and work satisfaction has a positive and significant effect on the employee performance of the Head Office of one of the regional-owned company in Medan. Since the score of determinant coefficient (R2) is 51.4%, the employee performance variable can be explained by the work environment, motivation and work satisfaction variables while the remaining 48.6% can be explained by other factors which were not examined in this
IMPACT OF ORGANIZATIONAL CULTURE ON EMPLOYEE PERFORMANCE Mafrudoh, Mafrudoh
Journal of Finance, Economics and Business Vol. 1 No. 2 (2023): JFEB, May 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v1i2.76

Abstract

Purpose: If you look at the big picture a society’s culture determines how people behave, respond, and interact with one another and how fast the society can grow as a community. This definition holds true for organizational culture too. The purpose of this research is to find out the impact of organizational culture on employee performance, how engaged employees are at work depends on how happy and comfortable they feel about the organizational culture. Methodology: The method used in this article is a qualitative method, where we describe how organizational culture affects employee performance. The data collection technique is done by observation through articles available on trusted journal pages. Findings: The goal of an organization is to increase level of performance by designing strategies. Based on the results of data analysis, organizational culture helps retain top performance and valuable talent. It creates a culture of engagement and increases employee productivity It makes people happy and excited about the workplace. How culture affects employee engagement about 87% of organizations agree that employee engagement and culture are the two most vital workplace challenges.
CAPITAL MARKET REACTIONS TO THE ANNOUNCEMENT OF PPKM IMPLEMENTATION (EMPIRICAL STUDY at COMPANY in LQ45 INDEX) Andhika Yanuardan Utomo; Siti Atikah; Robith Hudaya
Journal of Finance, Economics and Business Vol. 1 No. 2 (2023): JFEB, May 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v1i2.77

Abstract

This study aims to measure how the Indonesian capital market reacts to the announcement of the implementation of the 11 July 2021 Community Activity Restrictions. This research uses an event study as an approach. The population in this study was LQ45 for the period June - July 2020. The sampling technique used purposive sampling with 45 companies as the selected sample. This study uses the variable average abnormal return as a variable and trading volume activity. Wilcoxon signed rank is used as a test tool with the results of this study showing that there is no significant difference in the average abnormal return before and after the announcement of PPKM because it has test results with a value of 0.148> 0.05. In addition, this study shows that there is no significant difference in trading volume activity before and after the announcement of the PPKM. This is shown from the results of the Wilcoxon signed rank significance test which has a value of 0.743 > 0.05. The implications of research can provide information and benefits to decision makers regarding the impact of the information content of an event on stock prices. For investors it can be used as a signal in their taking action on the capital market
THE STUDY OF UNEMPLOYMENT IN BUSINESS PERSPECTIVE IN INDONESIA Ega Leovani; Florentinus Heru Ismadi
Journal of Finance, Economics and Business Vol. 1 No. 2 (2023): JFEB, May 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v1i2.78

Abstract

Unemployment in Indonesia is a problem with an urgency to provide a solution to improve social life. As unemployment increases, the poverty rate also increases. The purpose of this study is to identify and explain and overcome poverty and unemployment in Indonesian society. Efforts to reduce the unemployment rate and concomitantly reduce the poverty rate are equally important. The results of the study recommend that policy making in handling unemployment in Indonesia focuses more on microeconomic factors. This research is expected to contribute to the analysis of the unemployment rate in Indonesia in the study of business and microeconomics.
BAITUL MAL WAT TAMWIL (BMT) STRATEGI IN THE ERA OF ECONOMIC DISRUPTION Fatriansyah, Alif Ilham Akbar; Junaedi, Wahyu; Fadhlihi, Andueriganta; Anggrayni, Lilly
Journal of Finance, Economics and Business Vol. 2 No. 2 (2023): JFEB, November 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v2i2.80

Abstract

This study aims to find new strategies for BMT in an era of economic disruption. BMT as a sharia microfinance institution faces challenges from digital technology-based financial institutions (Financial Technology / FinTech) whose market share is increasing, and have the opportunity to seize the market share of BMT, namely the unbankable people. The method used in this research is the literature review. This research produces three strategies that can be carried out by BMTs to be able to compete in an era of economic disruption, namely, first to strengthen the commitment of the board and members to carry out sharia contracts to strengthen institutional branding, secondly, using digital technology to facilitate services and reach unbankable segments of society, and thirdly, to encourage productive business financing according to the comparative advantages of each region in the area of BMT business activities.
ANALYSIS OF THE IMPLEMENTATION OF RISK MANAGEMENT ON BSI HASANAH CARD PRODUCTS: (Case Study at PT Bank Syariah Indonesia KC Medan Ahmad Yani) REGINA YOLANDA SILALAHI
Journal of Finance, Economics and Business Vol. 2 No. 2 (2023): JFEB, November 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v2i2.87

Abstract

In accordance with sharia law and principles, Bank Syariah Indonesia issues cards called hasanah cards whose functions are similar to credit cards. The financing card product issued by PT Bank Syariah Indonesia has risks in its management. This research aims to determine the mechanism for issuing hasanah card products and to determine the application of risk management in reducing the risk of default or credit risk on hasanah cards at PT Bank Syariah Indonesia KC Medan Ahmad Yani. The method used in this research is a descriptive qualitative method. The data collection techniques that the author uses in this research are interviews and documentation observation. And the data used is primary data from interviews with Hasanah Card at BSI KC Medan Ahmad Yani and secondary data comes from books, journals, brochures and others. The results of this research state that the hasanah card issuance mechanism applies 3 contracts, namely kafalah, qardh and ijarah. The biggest risks are the risk of bad credit and irregularities in payments. However, in overcoming this risk, PT Bank Syariah KC Medan Ahmad Yani implements risk management, namely if there is a delay in payment for the Hasanah Card, a ta'widh fee will be charged, namely by setting a maximum benchmark fee based on the approved card limit, which is called a monthly fee. The nominal monthly fee is 1.75%. Islam prohibits taking profits in buying and selling transactions or lending and borrowing, the application of this hasanah card is in accordance with the National Sharia Fatwa (DSN) No.54/DSN-MUI/X/2006.) Implementation of risk management to reduce the risk of default on hasanah cards in Bank Syariah Indonesia is carried out using a process of risk identification, risk measurement, risk monitoring and risk control which is guided by the 5C principles of Character, Capacity, Capital, Collateral and Condition.
Ecotourism Development Strategy for Local Socio-Economics: A Systematic Literature Review Adi Septiawan; Muhamad Bai’ul Hak; Santi Nururly; Devi Oktaviana; Yudha Prayogi
Journal of Finance, Economics and Business Vol. 2 No. 2 (2023): JFEB, November 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v2i2.88

Abstract

The potential of ecotourism to enhance the well-being of local populations and preserve the environment is significant, as it places emphasis on both natural and cultural sustainability. The study aims to identity the development of ecotourism and their effects on the socio-economic of local communities by using Systematic Literature Review (SLR). This systematic literature review (SLR) examines the most recent research conducted in the topic under investigation. The findings of the investigation demonstrate a range of tactics employed in the development of ecotourism, encompassing product diversification, active involvement of local communities, utilization of technology for effective management, infusion of private investment, and the protection of cultural heritage. Additionally, we have observed the favorable influence of ecotourism on the financial earnings and employment opportunities of indigenous people, as well as its role in the conservation and safeguarding of local cultural heritage. Nevertheless, this systematic literature review (SLR) also sheds light on the obstacles and adverse consequences that necessitate careful consideration, including the issues of excessive tourism and socioeconomic disparities. This study offers a comprehensive analysis of the intricacies involved in the growth of ecotourism and its impact on the well-being of local populations. Additionally, it identifies potential areas for future research in the realm of sustainable ecotourism within the Indonesian environment.
ANALYSIS OF THE IMPACT OF ONLINE LENDING SERVICES ON SOCIETY NOVI PRIHATINI
Journal of Finance, Economics and Business Vol. 2 No. 2 (2023): JFEB, November 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v2i2.90

Abstract

This research discusses the use of online loan services in Cirebon, Indonesia, in the context of the rapid growth of these services in the digital era. The primary focus is on analyzing financial risks, social impacts, risk perceptions and requirements, reasons for using these services, and their effects on the community. Through interviews and data analysis, this study highlights the benefits of online loan services in supporting small businesses and meeting the urgent needs of individuals. The research also emphasizes the importance of financial education and strong regulations to protect consumers and maintain the benefits of these services in the Cirebon community.
ANALYSIS OF CREATIVE ECONOMIC EMPOWERMENT IN MOJOKERTO DISTRICT Fitra Ria Silvida
Journal of Finance, Economics and Business Vol. 2 No. 2 (2023): JFEB, November 2023
Publisher : Laboratorium Riset Ekonomi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59827/jfeb.v2i2.91

Abstract

n responding to challenges in the post-pandemic era and in order to fulfill the mandate of the strategic plan and RPJMD related to finding new alternatives to drive the economy through the creative economy, Mojokerto Regency, among others, has made several efforts to empower and stimulate the growth of a new creative economy in the fields of promotion, socialization and also financing. In addition to these empowerment efforts, identifying creative economy potential, challenges in development, creative industry distribution areas and creative economy financing mechanisms are other elements examined in this study. This research uses descriptive qualitative research methods using primary and secondary data. The method used is interviews and data collection from the publication of agency/institutional documents. The purpose of this research is to find out the potential of creative industries in Mojokerto Regency, challenges in development, empowerment efforts, distribution areas, and creative economy financing mechanisms in Mojokerto Regency.