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Contact Name
Agus Eko Sujianto
Contact Email
garuda@apji.org
Phone
+6285234635471
Journal Mail Official
agusekosujianto@gmail.com
Editorial Address
CV. Cahaya Abadi Publisher Jalan H.O.S Cokroaminoto No. 59A, Pare, Kediri, East Java INDONESIA
Location
Kota kediri,
Jawa timur
INDONESIA
Indonesian Economic Review
Published by CV. Cahaya Abadi
ISSN : -     EISSN : 27748073     DOI : 10.53787
Core Subject : Economy, Science,
Fokus pada karya tulis ilmiah yang berkaitan dengan pembangunan perekonomian Indonesia dan kaitannya dengan perekonomian dunia yang meliputi analisis kritis terhadap isu-isu pembangunan ekonomi, pembangunan ekonomi lokal, pembangunan ekonomi masyarakat, pertumbuhan ekonomi, ekonometrika, kebijakan ekonomi, perdagangan dan keuangan internasional, fiskal dan kebijakan moneter, ekonomi kesejahteraan, ekonomi Islam, ekonomi regional, akuntansi, manajemen, integrasi ekonomi, ekonomi pariwisata dan kebijakan pembangunan mengenai Usaha Kecil dan Menengah.
Articles 107 Documents
Comparison of Performance of Stock and Sharia Stock Kharisma Novita Sari; Debi Maenadi; Mimah Mutamimah; Maya Zulfa Maslihatin
Indonesian Economic Review Vol. 2 No. 2 (2022): August : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v2i2.15

Abstract

The purpose of this study was to examine the differences in the performance of Islamic stocks with stocks based on the Sharpe and Jensen method for the 2010-2020 period in the Indonesian Capital Market. The research method is using a quantitative approach with the type of comparative research. The data used is secondary data from OJK. The population used in this study is the capitalization of sharia stock performance data compared to stocks, for the 2010-2020 period (monthly data) in the Indonesian Capital Market. Data analysis was carried out using the Sharpe and Jensen method and the Manova test with the help of the SPSS statistical program. The results of this study indicate that the performance of Islamic stocks with stocks has a significant difference and the performance of Islamic stocks is better than stocks based on the Sharpe and Jensen method. This shows that the return on the performance of sharia shares with shares based on the Sharpe and Jensen method that will be received will be relatively different. The implication of this research is that this research can contribute to the general public, both academics, investment players and the general public so that they better understand the performance of capital market investment instruments before they invest.
Indonesian Trade Balance Performance By GDP, Exports, Imports, BI Rate and Inflation as Intervening Variables Riska Ektiarnanti; Anis Rahmawati; Feni Krismawati Fauziah; Isma'iddatur Rofiqoh
Indonesian Economic Review Vol. 3 No. 1 (2023): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v3i1.16

Abstract

The performance of international trade in Indonesia has fluctuated for several years, volatile inflation has a positive or negative impact on GDP results, imports and exports which are indicators of the trade balance and the BI Rate as an inflation controller affect the trade balance performance policy. The research approach is monthly data for a 5-year period, secondary data using path analysis techniques. The findings of this study indicate that GDP indirectly through inflation affects the trade balance, directly exports through inflation has no effect on the trade balance, directly imports through inflation has a significant effect on the trade balance, indirectly the BI Rate has a significant effect on the trade balance, inflation has a significant effect on the trade balance.
The Effect of Profitability and Leverage on Corporate Social Responsibility Disclosure: Case Study on Sharia Commercial Banks in Indonesia Andriani Andriani; Defi Masliha
Indonesian Economic Review Vol. 3 No. 1 (2023): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v3i1.22

Abstract

A profitability ratio is a ratio to assess the company's ability to seek profits. The leverage ratio is a measure of the number of assets that are financed with debt. These two ratios can influence the company in expressing its social responsibility. The purpose of this study was to determine the effect partially and simultaneously between the profitability variable is proxied using Return on Asset (ROA) and the leverage is proxied using the Debt Equity Ratio (DER) on corporate social responsibility disclosure (CSR). The population in this study were 14 Islamic Commercial Banks (BUS) in Indonesia from 2015 - 2019. This study using five periods so that the sample data obtained was 70. The sampling technique in this study was carried out using saturated sampling. And the data collection technique in this study is to use documentation analysis in the form of BUS reports that reveal annual reports, sustainability reports, and reports on CSR during the 2015 - 2019 period. Sourced from the web addresses of each bank. The analysis results obtained show that: 1) Profitability does not affect CSR disclosure 2) Leverage has a significant effect on CSR disclosure 3) The effect of profitability and leverage on CSR disclosure is 27.9% and the remaining 72.1% is influenced by other variables not examined.
The Role of Jumiang Beach Halal Tourism in Increasing Income of the Local Communities Siti Masriyah; Rudi Hermawan
Indonesian Economic Review Vol. 3 No. 1 (2023): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v3i1.23

Abstract

This study discusses halal tourism as an instrument of Indonesian public diplomacy in order to increase tourist visits and improve the community's economy, where the large potential for halal tourism is expected to have an important role in the regional economy, especially for the people around Jumiang Beach, Pademawu District, Pamekasan Regency. This research used qualitative research to obtain a greater understanding of the phenomenon. The data were data collected from the field directly collected using interview scripts. The results of this study indicate that the economy of the community around Jumiang Beach has increased with the existence of Jumiang Beach. However, it has a decreased trend for tourist due to Covid-19 pandemic.
Brand Awareness Wardah Cosmetics Users at ASN in Blitar Regency Neni Utami; Nurul Farida
Indonesian Economic Review Vol. 3 No. 2 (2023): August : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v3i2.28

Abstract

This research aims to determine the influence of brand ambassadors on the brand equity of Wardah cosmetic products among ASN in Blitar district. The research data used was primary data taken by distributing questionnaires using a Likert scale to 87 respondents out of 105 respondents who met the criteria. The research method used is an associative quantitative method, the data obtained is analyzed using validity and reliability tests, normality tests, simple regression tests, hypothesis tests and coefficient of determination tests. The results of the research show that the use of brand ambassadors can have a positive influence on brand awareness of Wardah cosmetic products among Blitar district ASN. Wardah cosmetics brand ambassadors who are able to increase brand awareness are transference brand ambassadors
Islamic Business Ethics of Small Industries in Blitar District Nana Alfiana
Indonesian Economic Review Vol. 3 No. 2 (2023): August : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v3i2.29

Abstract

Islam was revealed as a code of moral and ethical behavior for life. The sources of values ​​and ethics in all aspects of human life as a whole, including in the business world, are the Koran and Hadith. The Al-Quran provides instructions for things to be harmonious, mutually pleased, and there are no elements of exploitation. The type of research used in this research is qualitative research. The purpose of this research is to find out the analysis of the application of sales ethics in the Gadung cracker industry according to business ethics from an Islamic perspective and to find out the analysis of the application of transaction ethics in the Gadung cracker industry according to business ethics from an Islamic perspective. The results of the research state that sales ethics. In reality, all producers cannot implement all the principles of buying and selling ethics. Mrs. Nanik's home industry applies the principle of honesty or truth as a priority. From the results of observations related to the application of transaction ethics carried out in Mrs. Nanik's industry, she has implemented transaction ethics in accordance with sharia transaction principles. Even though the implementation is appropriate, the basis for the transactions carried out is the benefit. When transactions use the principle of benefit, which is the basis of this transaction principle, it covers all the principles of sharia transactions, so that Mrs. Nanik's home industry has carried out sharia transactions in accordance with Islamic law. From the results of observations related to the application of transaction ethics carried out in Mrs. Nanik's industry, she has implemented transaction ethics in accordance with sharia transaction principles. Even though the implementation is appropriate, the basis for the transactions carried out is the benefit. When transactions use the principle of benefit, which is the basis of this transaction principle, it covers all the principles of sharia transactions, so that Mrs. Nanik's home industry has carried out sharia transactions in accordance with Islamic law. From the results of observations related to the application of transaction ethics carried out in Mrs. Nanik's industry, she has implemented transaction ethics in accordance with sharia transaction principles. Even though the implementation is appropriate, the basis for the transactions carried out is the benefit. When transactions use the principle of benefit, which is the basis of this transaction principle, it covers all the principles of sharia transactions, so that Mrs. Nanik's home industry has carried out sharia transactions in accordance with Islamic law.
Santri's Contribution in Realizing Inclusive Sharia Economic Acceleration Mirza Avicenna Asyifyan
Indonesian Economic Review Vol. 3 No. 2 (2023): August : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v3i2.30

Abstract

The aim of this research is to explain strategies for optimizing the role of santri in realizing inclusive sharia economic acceleration. A qualitative approach was chosen to explore informant responses in depth in their contribution to developing the sharia economy in Indonesia. Through in-depth interviews followed by data condensation, data presentation and conclusion drawing, it can be explained that to realize the acceleration of the sharia economy, inclusiveness is needed, namely by optimizing many parties or stakeholders, namely: the Ministry of Religion, Bank Indonesia and universities with their Tridharma of Higher Education. Meanwhile, the strategy used is to strengthen the knowledge and competence of students in the form of education and training.
Modernization of Audit Process: Utilization of Technology on Evaluation of Audit Evidence Ruslaini Ruslaini; Ngadi Permana; Yessica Amelia
Indonesian Economic Review Vol. 4 No. 1 (2024): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v4i1.34

Abstract

This study aims to examine the impact of new technologies on audit evidence evaluation and the modernization of audit standards. With advancements in technology, particularly in artificial intelligence (AI), big data, and blockchain, the audit process has undergone significant changes in how evidence is collected, analyzed, and evaluated. These technologies enhance efficiency, accuracy, and transparency in audits, but also pose challenges in terms of auditor adaptation and the updating of audit standards. This literature review identifies that the use of AI and big data allows auditors to handle large volumes of data more quickly, while blockchain offers solutions to improve the security and integrity of audit evidence. Although the benefits are substantial, the implementation of new technologies requires regulatory updates, the development of auditors' technical skills, and adjustments to existing infrastructure. This study suggests the need for collaboration between auditors, regulators, and technology developers to ensure the appropriate and effective use of technology in auditing. The findings are expected to provide guidance for audit professionals and regulatory authorities in navigating the rapid changes in the auditing landscape.
Corporate Governance in Acquisitions : Opportunities and Challenges Mohamad Chaidir; Benardi Benardi; Seger Santoso
Indonesian Economic Review Vol. 4 No. 2 (2024): August : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v4i1.35

Abstract

This study aims to analyze the role of acquisitions in corporate governance transfer, focusing on the impact of governance gaps between the acquiring and target companies before the acquisition. Through a qualitative literature review, this research identifies that the existing governance gaps can affect the success of post-acquisition integration and its impact on the long-term performance of the acquired company. Previous studies have shown that acquisitions can provide an opportunity to improve corporate governance practices; however, their success heavily depends on managing the governance differences between the two entities. Additionally, factors such as organizational culture, managerial readiness, and communication policies also play a significant role in facilitating effective governance transfer. The conclusion of this study is that although acquisitions can offer benefits in terms of governance transfer, managing governance gaps effectively is crucial to achieving optimal outcomes. This research contributes to the understanding of governance transfer dynamics in the context of acquisitions and provides insights for practitioners and policymakers involved in the corporate acquisition process.
Cloud-Based E-Learning : Technology Suitability Analysis and Institutional Support Eka Wahyu Kasih; Grace Yulianti; Benardi Benardi
Indonesian Economic Review Vol. 4 No. 2 (2024): August : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v4i2.36

Abstract

This study aims to explore the integration of the Expectation-Confirmation Model (ECM) and Task-Technology Fit (TTF) in understanding the sustainability of cloud-based e-learning in educational institutions. Using a qualitative literature review approach, this research examines relevant prior studies to analyze the relationship between task-technology fit, expectation confirmation, and users' continuance intention. The findings reveal that the alignment between e-learning technology features and users’ task needs significantly contributes to perceived usefulness and satisfaction, ultimately driving continuance intention. Additionally, external factors such as institutional support and system quality play crucial roles in sustaining usage. The integration of ECM and TTF provides a more comprehensive analytical framework to explain users' post-adoption behavior towards cloud-based e-learning.

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