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INDONESIA
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
Published by CV. Adiba Aisha Amira
ISSN : -     EISSN : 30260221     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, Production/Operational Management, Strategic Management, Islamic Business Management, Halal Industry Management, Hajj and Umro Management, Zakat and Waqf/ Islamic Philanthropy Management, Tourism Management, Banking Management, Industrial Management, Agribusiness Management, Business Administration.
Arjuna Subject : Ilmu Sosial - Ilmu Sosial (Lain-Lain)
Articles 25 Documents
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Search results for , issue "Vol. 2 No. 6 (2024): June" : 25 Documents clear
ECONOMIC ANALYSIS AND FACTORS INFLUENCING CUSTOMER SATISFACTION AND ELECTRICITY PURCHASE DECISIONS IN A CASE STUDY AT PT. PLN IN INDONESIA Rio Afrianda; Veithzal Rivai Zainal; Indra Siswanti; Lenny Christina Nawangsari
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
Publisher : Adisam Publisher

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Abstract

This research aims to explore the factors that impact customer satisfaction and purchasing decisions among PT PLN (Persero) electricity consumers across Indonesia. A sample of 70 consumers was surveyed using a questionnaire to collect data. The analysis utilized linear regression through SPSS Statistics, considering variables such as product, price, distribution channel, promotion, and service quality as independent, intervening, and dependent factors. The study uncovered several significant findings: firstly, both price and service quality play crucial roles in influencing customer satisfaction. Secondly, distribution channels and customer satisfaction notably affect PT PLN (Persero)'s electricity purchasing decisions in Indonesia. Thirdly, collectively, products, prices, distribution channels, promotions, and service quality contribute to customer satisfaction, consequently impacting PT PLN (Persero)'s electricity purchasing decisions across these regions. Particularly noteworthy is the introduction of a novel model depicting the relationship between promotional activities promoting electricity conservation, customer satisfaction, and purchasing decisions. The implications of this research are expected to aid electricity management and industry professionals in enhancing customer satisfaction and guiding PT PLN (Persero)'s electricity purchasing decisions in Indonesia. Furthermore, it could serve as a valuable resource for future research endeavors and corporate decision-making processes.
IMPLEMENTATION OF STRATEGIC ORGANIZATION CHANGE MANAGEMENT, CLEAN CORPORATE GOVERNANCE, TRANSFORMATIONAL LEADERSHIP IN ELECTRICITY COMPANIES IN INDONESIA Rio Afrianda; Veithzal Rivai Zainal; Indra Siswanti; Lenny Christina Nawangsari
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
Publisher : Adisam Publisher

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This study explores the sustainability trends within Indonesian power companies, particularly their shift towards renewable energy mix. Employing a strategic management perspective, this research investigates the impact of strategic organizational change management, clean corporate governance, and transformational leadership on business performance mediated by the core values of the state-owned enterprise AKHLAK (Adaptive, Collaborative, Competent, Harmonious, Loyal, and Trustworthy). The study conducted at PT PLN Nusantara Power, utilizing a non-experimental quantitative approach. The data were analyzed using Structural Equation Modeling (SEM) with LISREL 8.8. The study revealed that 'organizational strategic change management' and 'clean corporate governance and transformational leadership' had positive but non-statistically significant effects on business performance. How- ever, the Core Values AKHLAK played a significant mediating role between these factors and business perfor- mance. This underscores the importance of these values in shaping sustainability outcomes. The study recommends integrating AKHLAK values to enhance the benefits of strategic management, contributing to discussions on sus- tainable practices during Indonesia's renewable energy transition.
THE IMPACT OF DISRUPTIVE TECHNOLOGY ON THE PERFORMANCE OF ELECTRICITY COMPANIES IN INDONESIA, STRATEGIC MANAGEMENT PERSPECTIVE Afrianda, Rio
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
Publisher : Adisam Publisher

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Abstract

The power utility industry is in the midst of transition driven by three global movements; de-carbonisation, de-centralisation and digitalisation. The 4.0 revolution direct the electricity environment is becoming more complex than ever before, with rapidly evolving disruptive technologies. This study is to assess empirically how such disruptive technology affect power utility industry. The three most disruptive technologies have been investigated; solar PV, battery energy storage and smart grid. Based on 336 engineers’ reviews from 118 business unit of Indonesia Electricity State Company, it is found that not all disruptive technology does negatively affect the firm performance. The customer pulls and digitalisation as the antecedents of the disruptive technology have been assessed. Instead of their negative impact, the firms can utilise certain disruptive innovation to be beneficial for their competitive advantages if they know a way to deal with it.
THE INFLUENCE OF ADVERTISING ON REPURCHASE INTENTION OF LUWAK WHITE KOFFIE PRODUCTS AMONG CONSUMERS AMONG LP3I MEDAN POLYTECHNIC STUDENTS Maulidina
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
Publisher : Adisam Publisher

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Abstract

Repurchase interest is purchase interest that is based on previous purchasing experiences. Advertising is a form of personal or paid communication about an organization, goods, services, or ideas by a known social media or company. This research aims to determine "The Influence of Advertising on Repurchase Intention for Luwak White Koffie Products among Consumers Among LP3I Medan Polytechnic Students". The preparation of this research uses quantitative methods, where this research is to ask about the relationship between two or more variables by collecting data using statistical (numerical) data analysis to test a series of hypotheses that have previously been determined with the help of the SPSS 25.00 application. The population in the study were students in all study programs with the 2020 standard at the LP3I Medan Polytechnic and the research sample was 49 people. Based on the results of the partial test research (t test) it shows that the t value is 7.889 < t table value 1.677 with a sig probability of 0.000 > 0.05, so it can be said that Advertising has a significant effect on Repurchase Intention for Luwak White Koffie Products among Consumers Among LP3I Polytechnic Students Field, thus H1 is accepted and H0 is rejected. And the value of R Square obtained is 0.570 (57%). This shows that the dependent variable (Repurchase Intention) has a strong ability (0.60-0.799) in explaining variations in the dependent variable in this study.
BUSINESS SUSTAINABILITY SECRETS: IMPLEMENTING AN EFFECTIVE FINANCIAL STRATEGY Judianto, Loso; Sri Dewi Yusuf; Rosdiana Imroati Kurnia Tanjung; Mohammad Taqiuddin Mohamad
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
Publisher : Adisam Publisher

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Abstract

In an ever-changing and uncertain business world, business sustainability is a top priority for stakeholders. One of the main keys to achieving this sustainability is through the implementation of an effective financial strategy. This article explains the financial strategy of business sustainability and the obstacles it faces. The research methods used in this study are literature that corresponds to the context of the research. The findings from this study are that the sustainability of a successful business depends heavily on the implementation of an effective financial strategy, which takes into account challenges such as market uncertainty, resource constraints, and internal conflicts. Efficiency in financial management can be enhanced through the use of advanced technology and human resource capacity development. With a comprehensive and adaptive approach, companies can cope with market fluctuations and long-term growth and stability.
ECONOMIC OPTIMIZATION IN THE AGE OF ARTIFICIAL INTELLIGENCE: OPPORTUNITIES AND CHALLENGES Loso Judijanto; Melyana R Pugu; Anggi Setya Prayoga; Mohd Syahrin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
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Abstract

The era of artificial intelligence (AI) arrived with promises of major transformation in various economic sectors. With its ability to automate routine tasks, improve decision-making, and enhance product and service innovation, AI has the potential to significantly improve operational efficiency and drive economic growth. The research methods carried out on this study are literature by searching for references that match the context of the research. Research shows that the use of AI in economic terms increases productivity, facilitates innovation, and adapts the labour market to the digital age, while the challenges of AI integration relate to privacy and data security, labour market disruptions, and ethical issues related to machine decision-making. Therefore, despite the significant challenges, with a wise and proactive approach, the transition to the era of artificial intelligence can be a major driver of economic optimization and social progress.
THE INFLUENCE OF PROFITABILITY, LIQUIDITY, AND CAPITAL INTENSITY ON TAX AVOIDANCE IN CONSUMER GOODS INDUSTRY SECTOR LISTED IN INDONESIAN STOCK EXCHANGE Pelitawati, Dyah; Ony Kurniawati; Monica Andriani
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
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Tax avoidance is an act of reducing company tax which is legal if it follows the applicable tax provisions. The aim of this research is to determine and analyze the partial and simultaneous influence of profitability, liquidity and capital intensity on tax avoidance in consumer goods industry sector companies listed on the Indonesian stock exchange for the 2019-2021 period.The research method used is a quantitative method, using secondary data in the form of company financial reports. Using a purposive sampling method, 19 financial reports from the consumer goods industry sector listed on the Indonesian stock exchange were selected in the 2019-2021 observation year. The analysis was carried out using the SPSS for Windows version 25 program, through a set of multiple linear regression analysis tests and partial and simultaneous hypothesis tests.The results in this research show that partially the profitability variable and liquidity variable have no effect on tax avoidance, and only the capital intensity variable has an effect on tax avoidance. Simultaneously, the variables profitability, liquidity and capital intensity influence tax avoidance in consumer goods industry sector companies listed on the Indonesian Stock Exchange
MANAGEMENT AND ECONOMICS: STRATEGIES FOR ENHANCING CORPORATE COMPETITIVENESS Sri Porwani; Abdullah Rasjid; Hendriansyah; Dora Indah Triana; Faridatul Munawaroh
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
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The purpose of this study is to evaluate the effectiveness of management and economic strategies in improving the competitiveness of the company. This research method uses a literature review. The results show that management strategies integrated with economic principles improve operational efficiency and effectiveness. In particular, companies that apply sophisticated market analyses and economic theories in their decision-making process tend to be more adaptive to changing market conditions and have a higher degree of resilience to external disturbances. The involvement of economic theories, such as comparative advantage and elasticity analyses, is proven to assist firms in identifying strategic opportunities and allocating resources effectively, which contributes to an improved competitive position in the market. Overall, the integration of management and economic strategies was found to be the best practice in preparing firms for volatile global business dynamics, enabling improvements in financial performance and long-term sustainability. This study underscores the importance of a holistic approach in business strategy formulation to achieve competitive advantage and sustainable growth.
BOS FUND MANAGEMENT STRATEGY IN FACING THE INDUSTRIAL REVOLUTION 4.0 Irfan Maulana Sidik; Rais Hidayat; Widanengsih Fujiastuti
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
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Improving the quality of education is an important priority in national development, therefore encouragement from the central and local governments is needed to take concrete actions in realizing a better and quality education system. The government provides tuition assistance for schools, namely in the form of School Operational Assistance Funds (BOS) With 4 strategies, school organization institutions can maximize the process of using BOS funds so that it is more effective with effective strategies in managing BOS funds in schools: 1) Efficient and careful planning, 2) Allocation of budgets in accordance with the rules 3) the use of BOS funds, 4) Good bookkeeping of BOS funds so that they can be accounted for. Along with developments in the industrial revolution era, school institutions can improve to develop effective strategies in facing the industrial revolution era by: The use of technology (ICT) in the process of making BOS reports through the ARKAS, SIMDA and SIPDA applications, digital education, for example by maximizing the use of BOS funds for the benefit of digital development potential in the process of improving the quality of learning in order to compete and survive in the era industry 4.0, digital skills development The use of BOS can be maximized through digital literacy activities, seminars and workshops, collaborating with the industry to gain support in the learning process, and conducting innovative funding such as: development of digital labs, digital libraries, and digital-based schools
ECONOMIC STRATEGY IN THE AGE OF ARTIFICIAL INTELLIGENCE: HARNESSING AI FOR SUSTAINABLE GROWTH Lucky Mahesa Yahya; Judijanto, Loso; Moh. Gufron Romadhoni
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
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The purpose of this study is to analyse the contribution of artificial intelligence (AI) to the achievement of sustainable economic growth. The method used was a literature study, where data and information were collected from various sources including scientific journal articles, research reports, and relevant publications. The analysis involved synthesising findings from existing literature to identify the key role of AI in supporting sustainability in social, economic, and environmental aspects. The results indicated that AI plays a significant role in maximising resource use efficiency, reducing wastage, and promoting the use of renewable energy. AI also contributes to increased innovation in industry and more sustainable management of natural resources. In the environmental context, AI has proven effective in modelling and predicting climate change and addressing biodiversity challenges. AI also has the potential to increase public engagement and awareness in sustainability practices. The research conclusion suggests that integrating AI in sustainable development strategies can stimulate economic growth while ensuring a healthy environmental balance for a sustainable future.

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