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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 46 Documents
Immigration Policy Challenges and Opportunities in Facing Illegal Migration Daffa Raihan Arya Mas'adi
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.v5i1.51

Abstract

Illegal migration is a global phenomenon that continues to be of concern to various countries because of its impact on social stability, the economy and national security. Immigration policy has an important role in managing illegal migration flows through various strategies, including border control, international cooperation, and the use of technology. However, policies that are too restrictive can cause negative impacts, such as increased human trafficking and exploitation of migrant workers. On the other hand, illegal migration also provides economic opportunities, such as meeting labor needs and increasing remittances for the country of origin. This research uses a qualitative approach with descriptive-analytical methods. Data was collected through a literature study which included analysis of immigration policy documents, reports from related institutions, as well as previous research on illegal migration. In addition, semi-structured interviews were conducted with various stakeholders, such as immigration officials, academics and international organizations working in the field of migration. The data analysis technique used is content analysis, which allows identifying patterns, trends and policy implications for the effectiveness of managing illegal migration. The research results show that effective immigration policies must balance law enforcement, protection of human rights, and the use of digital technology to improve immigration monitoring and services. With a comprehensive and adaptive approach, immigration policy can become a more effective instrument in facing the challenge of illegal migration in a sustainable manner.
Leadership in Startup Ecosystems and Unicorns: How Successful Startup Leaders Develop a Culture of Innovation and Exponential Growth Salsabilah Al Fitri; Jessica Fernanda Audrelya; Alfi Manzilatur Rohmah; 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.v5i1.52

Abstract

This research investigates the role of leadership in building a culture of innovation and driving rapid growth in startups and unicorn companies. The main objective of this research is to identify the principles of effective leadership as well as the challenges faced in creating a culture of innovation. The methodology used was a case study with a qualitative approach, which included literature analysis and in-depth interviews with leaders from various sectors. The research findings show that successful leaders in startups tend to create an environment that supports experimentation, integrate technology in the work process, and apply collaborative and inclusive leadership principles. In addition, a deep understanding of market dynamics is also an important factor in formulating innovative strategies. Key challenges faced include resistance to change, managing diverse teams, and pressure to adapt to rapid market changes. The article concludes that effective leadership, supported by good communication, adaptability, and collaboration, is a key element in achieving exponential growth and corporate sustainability. Therefore, it is important for organizations to provide training and development for leaders to enhance their skills, thereby creating a more innovative and productive work culture.
Sharia Stock Returns of Infrastructure Companies Listed on the Indonesia Sharia Stock Index Azizurrahman Nashrullah; Agus Eko Sujianto; Rokhmat Subagiyo
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.v5i2.64

Abstract

The development of the Islamic capital market in Indonesia shows a positive trend, supported by an increase in market capitalization and investor confidence in Islamic stock indices such as ISSI. On the other hand, the infrastructure sector has also experienced significant growth as reflected in the increase in the JKINFRA index stock price in recent years. Stock returns as a return on investment are the main concern of investors in assessing a company's performance. This study aims to test the effect of return on equity, current ratio, and debt to equity ratio on stock returns, and to determine whether company size can moderate the relationship between these variables on stock returns. The research method used is quantitative with a multiple linear regression approach and Moderated Regression Analysis (MRA) analysis. The data used are secondary data from the company's financial statements for the period 2020–2023. The results of this study indicate that return on equity and current ratio partially do not have a significant effect on stock returns. Meanwhile, debt to equity ratio has a negative and significant effect on stock returns. Simultaneously, there is an influence between return on equity, current ratio, and debt to equity ratio on stock returns. Company size can strengthen the relationship between return on equity, current ratio, and debt to equity ratio on stock returns.
The Influence of Distribution, Utilization of Zakat, Infaq, and Sadaqah (ZIS), and Religiosity on the Behavior of Mustahiq and Transparency as an Intervening Variable in Zakat Management Institutions in Tulungagung Regency Agung Budiman; Akhyak Akhyak; Binti Nur Asiyah
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.v5i2.68

Abstract

This research was motivated by the many problems regarding transparency, service and religiosity that occurred in the National Zakat Agency Tulungagung Regency, such as the management of the Tulungagung National Zakat Agency experienced a vacuum in management and in conducting its audits it was not consistent every quarter but only at the end of each year.  This study uses a quantitative approach. The type of research used in this study is associative research. The data collection technique used in this study uses a questionnaire. The population in this study were all Mustahiq at the Tulungagung Zakat Collection Institution, totaling 2166 Mustahiq. Based on the determination of the number of Isaac and Michael samples from a population of 2166, the research sample was 241 respondents, but due to reasons of the suitability of filling out the complete questionnaire, 185 respondents filled out the questionnaire, so that in this study the sample taken was 185 respondents. So the sample in this study was 185 Mustahiq. The results of the study indicate that there is a significant influence of the distribution of Zakat, Infaq and Alms Funds on the behavior of Mustahiq at the Zakat Amil Institution in Tulungagung Regency; There is a significant influence of the utilization of Zakat, Infaq and Alms Funds on the behavior of Mustahiq at the Amil Zakat Institution in Tulungagung Regency; There is a significant influence of religiosity on the behavior of Mustahiq at the Amil Zakat Institution in Tulungagung Regency; There is a significant influence of transparency on the behavior of Mustahiq at the Amil Zakat Institution in Tulungagung Regency; There is no significant influence of the distribution of Zakat, Infaq and Alms Funds on the behavior of Mustahiq through transparency at the Amil Zakat Institution in Tulungagung Regency; There is an influence of the utilization of Zakat, Infaq and Alms Funds on the behavior of Mustahiq through transparency at the Amil Zakat Institution in Tulungagung Regency; There is an influence of religiosity on the behavior of Mustahiq through transparency at the Amil Zakat Institution in Tulungagung Regency.
The Influence of Price Perception, Store Atmosphere, and Location on Purchasing Decisions at Alfar Banyudono Grocery Store Setiana Kusuma; Heni Susilowati
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.v5i2.70

Abstract

Technological and industrial developments have significantly impacted people's lives, particularly in the business world. The digitalization of services and the introduction of innovative solutions have facilitated faster and more efficient business growth, particularly in grocery stores. This study aims to explore the influence of price perception, store atmosphere, and location on purchasing decisions at Alfar Grocery Store. The study involved a total of 100 respondents, who are consumers of Alfar Grocery Store, with data collected using a non-probability sampling technique. The research method used is multiple linear regression analysis with quantitative research. The results show that price perception, store atmosphere, and location significantly influence purchasing decisions at Alfar Grocery Store. These three variables play a major role in shaping consumer decisions when shopping at the store. Based on these findings, the study provides recommendations for improving the shopping experience, such as enhancing the store's atmosphere to make it more comfortable for customers, providing updated price catalogs periodically to help buyers plan their purchases, and expanding parking facilities to ensure customer satisfaction with the store's location. Overall, this study emphasizes the importance of these factors in influencing consumer behavior and suggests that grocery stores, particularly Alfar Grocery Store, can improve sales and customer loyalty by addressing these key elements effectively.
The Role of the Manufacturing Industry in the Economy of West Java Province : An Input-Output Analysis Approach Lukman Lukman; Princess Nurjanah; Awani Ceria Luksita; Hepi Prayudiawan; Suhendra Suhendra
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.v5i2.71

Abstract

The West Java government is directing the development of an industrial-based economy. This study analyzes the relationship between the manufacturing industry sector and other economic sectors, identifying the multiplier effect and leading sectors in the manufacturing industry to be developed in West Java. This study is a quantitative descriptive study using the input-output analysis method in 2016. The results of the study indicate that the manufacturing industry sector can encourage the construction sector as its downstream sector and attract the wholesale and agricultural sectors as its upstream sectors. When viewed from the multiplier effect side, the manufacturing industry sector has not been able to become a sector with the highest income multiplier value and workforce multiplier in West Java. The manufacturing industry sub-sectors that are key sectors in the economy of West Java Province are the Textile and Apparel Industry; Metal Goods, Computers, Electronic Goods, Optics and Electrical Equipment Industry; Transportation Equipment Industry; Chemical, Pharmaceutical and Traditional Medicine Industry Sub-sector; Machinery and Equipment Industry (YTDL).