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Mount Hope Global Economic Journal
Published by Institut Teknologi dan Bisnis Kristen Bukit Pengharapan
ISSN : 30259290     EISSN : 30258758     DOI : 10.61696
Core Subject : Economy,
Economics, Econometrics & Finance
Mount Hope Economic Global Journal (MEGA) is an international journal intended for professionals and researchers in all fields of Economic. Mount Hope Economic Global Journal (MEGA) publishes research articles and reviews within the whole field Economic, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 129 Documents
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KEY FACTORS FOR THE SUCCESS OF SME STARTUPS IN INDONESIA Ahmad Jet Alamin A; Adrian K. Tarigan; Hulman Wasi Boangmanulu
Mount Hope Economic Global Journal Vol. 2 No. 3 (2024)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v2i3.1008

Abstract

This study examines key success factors for UMKM startups in Indonesia, along with the challenges encountered during business growth. UMKM startups play a strategic role in the national economy; however, many fail due to incorrect strategies, particularly in financing and the adoption of digital technology. The research aims to identify the key factors influencing success at each stage of UMKM development, analyze related challenges and opportunities, and provide recommendations to support sustainable business growth. The growth framework consists of seven stages, from idea to maturity/scaling, where common obstacles include limited access to funding and low digital capability. The study employs a qualitative approach using a literature review and descriptive analysis. The findings indicate that success depends not only on ideas and capital, but also on motivation, networks, resilience, resource management, and the ability to recombine new ideas. The recommendations emphasize implementing digitalization strategies and improving understanding of financing options that match the UMKM growth stage.
THE ROLE OF ORGANIZATIONAL COMMUNICATION IN REDUCING RESISTANCE TO CHANGE IN INDUSTRIAL COMPANIES IN INDONESIA Tanjung, Bahdin Nur; Sidabutar , Melisa Nur Asima; Sitompul , Lusi Feriyami
Mount Hope Economic Global Journal Vol. 3 No. 2 (2025)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v3i2.1009

Abstract

This study examines the role of organizational communication in reducing resistance to change in industrial companies in Indonesia. It is set against the background that industrial transformation is becoming increasingly intense—driven by the Fourth Industrial Revolution, sustainability demands, global competition, and regulatory changes—yet one of the main barriers is employees' resistance. Data indicates that about 65% of change programs experience moderate to high resistance, which results in implementation delays (average 40%), cost overruns (average 35%), and even complete failure (15% of cases). Resistance is treated as a multidimensional phenomenon influenced by cognitive, affective, and behavioral factors. The research uses mixed-methods with a sequential explanatory design: a quantitative phase involving 350 respondents from 35 companies and a qualitative phase involving 25 informants through in-depth interviews, focus group discussions, and case studies. The quantitative findings show that the quality of organizational communication has a negative and significant effect on resistance to change (β = -0.58; p < 0.001). In addition, aspects such as openness, consistency, timely delivery, participation, and empathetic communication are associated with mechanisms that reduce resistance by improving understanding, increasing trust, and strengthening employees' sense of ownership. The study also finds that an integrated communication strategy positively affects change effectiveness (β = 0.62; p < 0.001), and that communication effectiveness mediates the relationship between communication strategy and resistance reduction, supported by qualitative findings considering the importance of two-way communication, layered and repeated messaging, leveraging informal leaders, and management role modeling.
ESG IMPACT ON FINANCIAL PERFORMANCE AND REPUTATION OF INDUSTRIAL COMPANIES (2020-2025) Yohan Purnawan; Yeni Trisna Purba; Janulingga Damanik
Mount Hope Economic Global Journal Vol. 3 No. 3 (2025)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v3i3.1010

Abstract

This study aims to analyze the impact of Environmental, Social, and Governance (ESG) implementation on the financial performance and reputation of industrial companies in Indonesia in the 2020–2025 period, and to identify the role of digital transformation in strengthening the effectiveness of ESG implementation. ESG is positioned as a strategic factor assessed by investors, consumers, regulators, and the public, as the need for sustainable business practices and transparency increases. The study uses a quantitative approach with multiple regression analysis. ESG scores are measured compositely and per dimension (Environmental/E, Social/S, and Governance/G), with financial performance represented by Return on Equity (ROE) and Return on Assets (ROA). Control variables include company size, leverage, and growth, while digital transformation is used as a variable that strengthens ESG implementation through data collection and reporting support. The results show that ESG implementation has a positive and significant effect on financial performance, particularly on increasing ROE and ROA. Furthermore, ESG practices also improve company reputation through transparency and accountability, strengthening brand value, and mitigating reputational risk. Research also confirms that digital transformation supports more efficient and verifiable ESG implementation and reporting processes. A case study of PT Visi Prima Artha, which implemented a solar power plant, reinforces the finding that sustainability initiatives can have a dual impact, improving both financial performance and reputation.
Measuring the Impact of Employee Training and Development Programs Before and After Covid-19: A Case Study Uning Heri Gagarin; Jumadiah Wardati; Elia Agus Victoria
Mount Hope Economic Global Journal Vol. 3 No. 3 (2025)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v3i3.1020

Abstract

This study aims to develop and test an impact measurement system that integrates global supply chain risks with a company’s financial performance. Supply chain risk—arising from both internal and external factors can lead to operational disruptions, increased costs, and disturbed cash flows, thereby affecting key financial performance indicators such as ROA, ROE, NPM, CR, and DER. The research uses a quantitative approach with Structural Equation Modeling (SEM) based on AMOS, along with scenario analysis and what-if simulations to assess the effects of specific disruptions. The findings indicate that financial risk and operational risk are the dominant factors exerting significant negative effects on financial performance: financial risk notably reduces ROA and ROE, while operational risk affects NPM through higher costs and margin compression. Geopolitical and environmental risks, though showing more moderate effects, still influence overall operational stability and financial performance. Managerial recommendations include supplier diversification, implementing Supply Chain Finance (SCF), using real-time monitoring technologies and developing risk-specific contingency plans.
The Influence of User-Generated Content (UGC) on Brand Trust and Purchase Intention of Local Fashion Products Jopinus Saragih; Hendri Mayanta; Rosmita Purba
Mount Hope Economic Global Journal Vol. 3 No. 3 (2025)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v3i3.1021

Abstract

This study examines the effect of User-Generated Content (UGC) on brand trust and purchase intention for local fashion products in Indonesia. The research is motivated by the rapid growth of the local fashion industry alongside the challenge faced by local brands in building trust when competing with internationally resourced brands. Widely shared UGC on platforms such as Instagram and TikTok is expected to enhance engagement and drive purchase intention through mechanisms including social proof, source credibility, and cognitive/affective value processing. Using a mixed-methods design with a sequential explanatory approach, the study combines a quantitative survey phase with a qualitative phase involving netnography and interviews. The findings indicate that UGC significantly influences both brand trust and purchase intention. Specifically, UGC authenticity increases perceived credibility, which in turn strengthens brand trust; visual quality shapes aesthetic appeal and subsequently affects purchase intention; and social proof impacts purchase intention through normative influence. The effectiveness of UGC is also moderated by product involvement, platform type, and cultural relevance. The study further develops the Fashion Local UGC Impact Model (FLUIM), integrating UGC characteristics, creator attributes, platform dynamics, processing mechanisms, and outcomes in the form of trust and purchase intention. Practical implications are provided to help local fashion brands leverage UGC strategies that balance authenticity and quality, strengthen cultural relevance, and build engaged communities.
GLOBAL SUPPLY CHAIN RISK IMPACT MEASUREMENT SYSTEM ON FINANCIAL PERFORMANCE Riduan Siagian; Jumadiah Wardati; Nana Soraya
Mount Hope Economic Global Journal Vol. 3 No. 3 (2025)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v3i3.1022

Abstract

This study aims to develop and test an impact measurement system that integrates global supply chain risks with a company's financial performance. Supply chain risk—originating from both internal and external factors—can cause operational disruptions such as process failures and shipping delays, increase operational costs, and disturb cash flows, thereby affecting financial performance indicators. Specifically, the research examines the effects of operational risk, financial risk, geopolitical risk, and environmental risk on financial performance measures including Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Current Ratio (CR), and Debt to Equity Ratio (DER). The methodology applies a quantitative approach using Structural Equation Modeling (SEM) with AMOS, along with scenario analysis and what-if simulation to assess the impact of specific disruptions—for example, a 20% increase in logistics costs or critical shipment delays. The findings indicate that financial risk and operational risk are the dominant factors exerting significant negative effects on financial performance: financial risk notably reduces ROA and ROE, while operational risk affects NPM through increased costs and margin compression. Geopolitical and environmental risks, although showing more moderate effects, still influence overall operational stability and financial performance. The study provides managerial implications, including supplier diversification, implementation of Supply Chain Finance (SCF), adoption of real-time monitoring technologies (eg, IoT and predictive analytics), and formulation of contingency plans and risk-specific mitigation strategies.
PENGARUH GAYA KEPEMIMPINAN, LINGKUNGAN KERJA, DAN BEBAN KERJA, TERHADAP KINERJA KARYAWAN PADA PT. BANDAR RAYA MUARA ABADI Wijaya, William; Winni, Winni; Rostina, Cut Fitri; Edward, Yusuf Ronny; Fauzi, Fauzi
Mount Hope Economic Global Journal Vol. 4 No. 1 (2026)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v4i1.1059

Abstract

This study aims to determine the effect of leadership style, work environment, and workload on employee performance at PT. Bandar Raya Muara Abadi. This study used a quantitative approach with a survey method through the distribution of questionnaires to employees. The population in this study amounted to 35 people, with the sampling technique using a saturated sampling method so that the entire population served as respondents. The data analysis technique used was multiple linear regression analysis with the assistance of a statistical program. The results showed that, partially, leadership style had a positive and significant effect on employee performance with a calculated t-value of 5.816 and a significance of 0.000 <0.05. The work environment had a positive and significant effect on employee performance with a calculated t-value of 7.871 and a significance of 0.000 <0.05, and was the most dominant variable. Workload also had a positive and significant effect on employee performance with a calculated t-value of 4.783 and a significance of 0.000 <0.05. Simultaneously, leadership style, work environment, and workload significantly influence employee performance, with a calculated F-value of 119.211 and a significance level of 0.000 < 0.05. The coefficient of determination (Adjusted R Square) of 0.913 indicates that 91.3% of the variation in employee performance can be explained by the three independent variables, while the remaining 8% is influenced by factors outside the research model.
ANALISIS PENGARUH GAYA HIDUP HEDONIS,TEKANAN TEMAN SEBAYA,LITERASI KEUANGAN,EFIKASI DIRI DAN MEDIA SOSIAL TERHADAP PERILAKU KONSUMTIF MAHASISWA DI UNIVERSITAS PRIMA INDONESIA Selvia, Cindy; Simanungkalit, Gloria Zefania; Dini, siti; Sakuntala, Dwita
Mount Hope Economic Global Journal Vol. 4 No. 1 (2026)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v4i1.1060

Abstract

This study aims to examine the influence of a hedonic lifestyle, peer pressure, financial literacy, self-efficacy, and social media on the consumer behavior of students at Universitas Prima Indonesia. The research approach used was quantitative with descriptive methods. The study population consisted of 300 students from various faculties. The sample was determined using simple random sampling, and based on the Slovin formula with a 5% margin of error, 171 respondents were obtained. The research data were primary data collected through questionnaires and analyzed using SPSS version 25. The analysis techniques used included validity testing, reliability testing, descriptive statistical analysis, classical assumption tests (normality, multicollinearity, and heteroscedasticity), and hypothesis testing using t-tests, F-tests, and the coefficient of determination (R²). The results are expected to identify variables that significantly influence student consumer behavior, both partially and simultaneously. These findings are expected to contribute to the development of consumer behavior studies and serve as a reference for students in financial management and controlling consumer behavior.
THE EFFECT OF EMPLOYABILITY, WORK MOTIVATION, AND LEADERSHIP ON JOB SATISFACTION OF GENERATION Z EMPLOYEES IN MEDAN CITY Sembiring, Susanna Silvia; Panggabean, Esther Praja Anggriany
Mount Hope Economic Global Journal Vol. 4 No. 1 (2026)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/mega.v4i1.1085

Abstract

This study aims to determine the effect of employability, work motivation, and leadership on the job satisfaction of Generation Z employees in Medan City. This study uses a causal quantitative approach by distributing questionnaires to 170 Generation Z employee respondents in Medan City. The sampling technique used purposive sampling with the criteria of employees born between 1997–2012 and actively working in Medan City. The sample size was determined following Hair et al. (2013) with 16 indicators multiplied by 10. The data analysis technique used Partial Least Square – Structural Equation Modeling (PLS-SEM) with SmartPLS 4.0. The results showed that: (1) employability has a positive and significant effect on job satisfaction (T=3.810; P=0.000); (2) work motivation has a positive and significant effect on job satisfaction (T=9.900; P=0.000); (3) leadership has a negative and significant effect on job satisfaction (T=1.992; P=0.047). Simultaneously, all three variables have a significant effect with F-count 77.04 > F-table 3.054. The R² value of 0.582 indicates that 58.2% of the variation in job satisfaction is explained by the three variables.

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