cover
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 46 Documents
Analisis Pengaruh Pertumbuhan Ekonomi dan Belanja Modal terhadap Kemandirian Keuangan Daerah pada Provinsi di Pulau Jawa Azzahra Mayraina; Nurul Badriyah
Indonesian Economic Review Vol. 5 No. 1 (2025): Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v5i1.47

Abstract

Regional autonomy gives regional governments the authority to manage finances independently, including in terms of fiscal decentralization. Over the last decade, Regional Original Income (PAD) in Indonesia has increased by 100%. However, to measure whether this increase is sufficient for regional needs, the Regional Financial Independence Ratio (RKKD) is calculated. This research aims to analyze the influence of economic growth and capital expenditure on regional financial independence in the provinces of Java Island during the 2013–2023 period. The method used is multiple linear regression analysis with panel data from six provinces on the island of Java. The research results show that partially, economic growth has a positive and significant effect on regional financial independence. However, capital expenditure does not have a significant effect. Simultaneously, economic growth and capital expenditure have a significant effect on regional financial independence. These findings indicate that increasing economic growth can strengthen regional fiscal independence, especially through optimizing taxes and levies. However, the effectiveness of capital expenditure still needs to be improved to better support regional independence. The government is expected to focus more on increasing regional revenues through more effective tax collection strategies and more productive allocation of capital expenditure. In addition, fiscal policy should consider differences in economic potential between regions so that the distribution of transfer funds is more targeted.
Internet Banking Service Quality on Customer Satisfaction Levels PT Bank Mandiri (Persero) Tbk Medan Petisah Branch Office Bertha Nerphy Siahaan
Indonesian Economic Review Vol. 4 No. 2 (2024): Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v4i2.42

Abstract

The research entitled “The Effect of Internet Banking Service Quality on Customer Satisfaction of PT. Bank Mandiri (Persero) Tbk KCP Medan Petisah". This study aims to determine whether the quality of Internet Banking services affects the level of customer satisfaction at PT Bank Mandiri (Persero) Tbk KCP Medan Petisah. The data collection technique in this study was through a questionnaire. Data processing methods: Descriptive Analysis, Simple Linear Regression, Correlation Coefficient, and Coefficient of Determination. Based on the results of the regression equation y=0.52 – 0.88x, the Correlation Coefficient value of 0.68 means that the relationship between Internet Banking service quality and customer satisfaction is in the strong category, and the results of the calculation of the Coefficient of Determination; that 46.24% of customer satisfaction is influenced by the Analysis of Internet Banking Services and 53.76% is more influenced by other factors not examined by the author
Legal Implications of Civil and Criminal Law on Investment Fraud Under the Guise of Online Business Moh. Ja’far Sodiq Maksum
Indonesian Economic Review Vol. 4 No. 1 (2024): Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v4i1.53

Abstract

The development of digital technology has opened new opportunities in online platform-based investments, but it has also increased the risk of fraud disguised as legal businesses. The prevalence of online investment fraud in Indonesia shows that national laws have not fully been able to respond to the complexity of increasingly sophisticated and cross-border digital crimes. This study aims to examine the legal implications, both civil and criminal, of online investment fraud practices and to propose an integrative and adaptive legal approach. The method used is Systematic Literature Review (SLR), by reviewing scientific articles, regulations, and relevant court decisions from 2014 to 2024, based on the PRISMA stages. Research findings indicate that perpetrators employ various modalities such as Ponzi schemes, illegal MLM, and cryptocurrency manipulation, targeting communities with low legal literacy. From the civil perspective, challenges arise regarding the validity of digital contracts and the execution of compensation, while from the criminal perspective, proving elements of fraud and tracking down offenders poses significant challenges. Additionally, the dualism of legal approaches weakens and makes victim protection ineffective. This study concludes that civil and criminal law must synergize through regulatory reform, strengthening institutions, and enhancing public legal literacy to ensure justice and security in digital investment. Legal reforms based on inter-institutional collaboration and responsive to digital dynamics are key to breaking the cycle of fraud that undermines public trust in the national legal and economic system.
The Impact Of Tax Reforms On Stock Market Efficiency: A Study On Policy Changes And Market Dynamics Yessica Amelia; Ngadi Permana; Sarah Fitriyani
Indonesian Economic Review Vol. 5 No. 1 (2025): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v5i1.39

Abstract

This study examines the impact of tax reforms on stock market efficiency, focusing on how policy changes influence liquidity, price dynamics, and information flow within financial markets. Using the Tax Cuts and Jobs Act (TCJA) of 2017 as a case study, this research explores how tax reductions affect corporate decision-making, trading behavior, and the efficiency of asset pricing. The findings suggest that while tax reforms can enhance short-term liquidity and improve transparency in stock pricing, they also introduce challenges such as increased market volatility and information asymmetry. These results underscore the importance of aligning tax policies with market stability goals to optimize investor confidence and overall market efficiency.
Volatility Management in Multifactor Portfolios: A Literature Review on Risk-Return Dynamics and Strategic Investment Implications Ruslaini Ruslaini; Muhammad Rizal; Sri Utami Nurhasanah
Indonesian Economic Review Vol. 5 No. 1 (2025): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v5i1.40

Abstract

This study aims to review the challenges faced in the risk-return relationship within multifactor portfolios, with a focus on the implications for market volatility management. Through a literature review, this research identifies various factors that influence volatility and how volatility management can enhance portfolio performance. The analysis reveals that while multifactor portfolios offer advantages in diversification and risk management, market volatility remains a key challenge in achieving a balance between risk and return. This study also uncovers that active volatility strategies outperform passive ones, but they require a deep understanding of market dynamics. The implications of this research provide insights for portfolio managers in designing investment strategies that are more adaptive to high market volatility.
The Impact of Digital Transformation on Corporate Financial Investments: A Literature Review Muhammad Rizal; Ruslaini Ruslaini; Grace Yulianti; Sri Utami Nurhasanah
Indonesian Economic Review Vol. 5 No. 1 (2025): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v5i1.41

Abstract

This study investigates the influence of digital transformation on corporate financial investments using a qualitative literature review approach. Digital transformation significantly affects investment decision-making, capital allocation, and operational efficiency. The integration of findings from previous research reveals that digital technologies encourage companies to shift focus toward intangible assets such as information systems and data analytics. However, challenges like resource limitations and readiness for adoption persist. Furthermore, government policies and digital skill development are critical in facilitating this transition. The findings provide valuable insights for companies and policymakers to leverage digital technologies for enhancing efficiency and competitiveness in the digital era.
The Influence Of Brand Trust, Product Quality, and Consumer Satisfaction On Product Purchasing Decisions Sunscreen Wardah Based On an Islamic Business Perspective: User Study Sunscreen Wardah Student Class Of 2021 UIN Raden Intan Lampung Khofifah Mahdalena; Zulaikah Zulaikah; Yeni Susanti
Indonesian Economic Review Vol. 5 No. 1 (2025): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v3i1.46

Abstract

The purchasing decision is the process carried out by individuals, groups, or organizations in selecting and purchasing products or services that they believe will fulfill their needs and desires. This process involves considering various factors, including price, brand trust, product quality, and satisfaction gained from the product or service. The higher the level of consumer trust in the brand, the quality of the product offered, and the level of consumer satisfaction, the greater the impact on the purchasing decision. This study aims to determine the influence of brand trust, product quality, and consumer satisfaction on Wardah sunscreen products from the perspective of Islamic business. The research methodology used is a descriptive quantitative method. The population in this study consists of Wardah sunscreen users from the 2021 batch of UIN Raden Intan Lampung, with a sample size of 98 respondents. The data analysis method used includes validity testing, reliability testing, hypothesis testing, and the coefficient of determination (R²). The results of the study show that: brand trust has a positive and significant effect on the purchasing decision of Wardah sunscreen products with a t-statistic value of 2,524 > 1,98 and a p-value of 0,012 < 0,05. Conversely, product quality does not have a positive and significant effect on the purchasing decision of Wardah sunscreen products, with a t-statistic value of 0,21 < 1,98 and a p-value of 0.817 > 0,05 and consumer satisfaction has a positive and significant effect on the purchasing decision of Wardah sunscreen products, with a t-statistic value of 8,705 > 1,98 and a p-value of 0.000 < 0,05.
Analysis Of The Effect Of Economic Growth and Capital Expenditures On Regional Financial Independence In Provinces On The Island Of Java Azzahra Mayraina; Nurul Badriyah
Indonesian Economic Review Vol. 5 No. 1 (2025): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v5i1.47

Abstract

Regional autonomy gives regional governments the authority to manage finances independently, including in terms of fiscal decentralization. Over the last decade, Regional Original Income (PAD) in Indonesia has increased by 100%. However, to measure whether this increase is sufficient for regional needs, the Regional Financial Independence Ratio (RKKD) is calculated. This research aims to analyze the influence of economic growth and capital expenditure on regional financial independence in the provinces of Java Island during the 2013–2023 period. The method used is multiple linear regression analysis with panel data from six provinces on the island of Java. The research results show that partially, economic growth has a positive and significant effect on regional financial independence. However, capital expenditure does not have a significant effect. Simultaneously, economic growth and capital expenditure have a significant effect on regional financial independence. These findings indicate that increasing economic growth can strengthen regional fiscal independence, especially through optimizing taxes and levies. However, the effectiveness of capital expenditure still needs to be improved to better support regional independence. The government is expected to focus more on increasing regional revenues through more effective tax collection strategies and more productive allocation of capital expenditure. In addition, fiscal policy should consider differences in economic potential between regions so that the distribution of transfer funds is more targeted.
Exploring The Link Between Counterproductive Work Behavior and Job Performance : Narrative Review Purwatiningsih, Purwatiningsih; Alan Budi Kusuma; Frida Aprillia; Dhuha Safria
Indonesian Economic Review Vol. 5 No. 2 (2025): August : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v5i1.48

Abstract

Counterproductive Work Behavior (CWB) has been widely recognized as a major challenge affecting job performance in organizations. This study provides a narrative review of existing literature to analyze the impact of CWB on different dimensions of job performance, including task performance, contextual performance, and adaptive performance. By synthesizing findings from various studies, this review identifies key factors influencing the relationship between CWB and job performance, such as organizational culture, leadership styles, and workplace justice. Additionally, the study highlights gaps in the literature and suggests future research directions to better understand and mitigate the negative effects of CWB.
Leadership in Smart Cities & Urban Innovation: The Role of Leadership in Creating a Smart City Based on Technology and Sustainability Anastasia br Surbakti; Umroatus Soleha; Vina Rohmatul Ummah; Mochammad Isa Anshori
Indonesian Economic Review Vol. 5 No. 1 (2025): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v5i1.49

Abstract

Leadership role in realizing a sustainable and technology-based smart city. The smart city concept emphasizes the integration of information and communication technology (ICT) to improve efficiency, quality of life and sustainability in the urban environment. This study uses a literature study method by analyzing various academic and policy sources related to the implementation of smart cities in Indonesia. The research results show that transformational leadership has a crucial role in driving the success of smart cities, especially in the aspects of sustainability and human resource development. However, smart city implementation faces various challenges, such as resistance to change, limited resources, as well as data privacy and cybersecurity issues. To overcome these obstacles, effective collaboration between government, the private sector and society is very necessary. In addition, innovative and participative leadership strategies have been proven to increase the effectiveness of smart city implementation. With the right approach, smart cities can have a positive impact on the regional economy and improve the quality of public services.