cover
Contact Name
Muhammad Dian Ruhamak
Contact Email
dianru@unik-kediri.ac.id
Phone
+62816562515
Journal Mail Official
risk@unik-kediri.ac.id
Editorial Address
-
Location
Kota kediri,
Jawa timur
INDONESIA
RISK : Jurnal Riset Bisnis dan Ekonomi
Published by Universitas Kadiri
ISSN : 27223361     EISSN : 27223108     DOI : 10.30737/risk
Core Subject : Economy, Science,
RISK : Jurnal riset bisnis dan ekonomi adalah publikasi akademik yang fokus pada penelitian ilmiah di bidang ekonomi dan bisnis. Jurnal ini bertujuan untuk menyajikan temuan penelitian terbaru, analisis, dan pemahaman mendalam tentang berbagai aspek ekonomi dan bisnis. Jurnal ini mencakup berbagai tema yang relevan dengan ekonomi dan bisnis, seperti ekonomi makro dan mikro, manajemen, keuangan, pemasaran, ekonomi industri, kebijakan ekonomi, dan lain sebagainya. Jurnal ini mencakup penelitian empiris, teoritis, atau kombinasi dari keduanya.
Articles 108 Documents
Allowing Tax Rate Adjustment to Increase Local Original Income Soebroto , Bambang; Puspita , Ayu Fury
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 5 No. 2 (2024): Volume 05 Nomor 02 Tahun 2024
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v5i2.6385

Abstract

This study aims to analyze the impact of adjusting local tax rates on PAD with the emergence of UU no. 11 of 2020 Article 114 which states that central government can intervene in regional tax policies. This research method is quantitative-descriptive with primary data from BAPENDA Malang City. Data processing uses formula approach to obtain potential projections, targets, realization for this year and following years. The results show that PPJ rates are estimated to increase by 10%, the same as the maximum limit in UU no. 34 of 2000. Furthermore, these results were increased to optimal level, where the potential revenue and local tax target for Malang City in 2022 with moderate economic growth were IDR 835,835,006,350.69 and IDR 831,655,831,318.94, respectively.
The Influence of Lifestyle on Private Employees' Income in Pekanbaru City: Opportunities and Challenges in South Ledge Management for Indonesia Ritmaratri, Juwita; Khoiruddin, Irvan Ahmat
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 6 No. 2 (2025): November 2025
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v6i2.6972

Abstract

South Ledge is located in the South China Sea and is a strategic area with significant natural resource potential. South Ledge management faces great opportunities and complex challenges for Indonesia, involving geopolitical, economic and environmental aspects. This research aims to evaluate the opportunities that Indonesia can take advantage of from managing the South Ledge, including the use of natural resources, potential for economic development, and opportunities to strengthen international cooperation. In addition, this research also identifies key challenges, such as territorial disputes with other countries, environmental impacts from exploration, and limited management capacity. Through qualitative analysis based on literature studies and policy data, this research provides recommendations for sustainable management strategies that can help Indonesia maximize benefits while minimizing risks. The conclusions of this research emphasize the need for strong diplomacy, careful environmental management, and international collaboration to face challenges and take advantage of existing opportunities. 
Islamic Financial Literacy and Financial Management Behavior: The Mediating Effect of Fintech Payments by Female Entrepreneurs at Universities in Madura Rohaini, Jannatul; Achmad Budi Susetyo, Budi; Dony Burhan Noor Hasan, Dony
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 6 No. 2 (2025): November 2025
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v6i2.7040

Abstract

The primary objective of this study is to examine the influence of Islamic financial literacy on the financial management behavior of female entrepreneurs in the Madura region, as well as to evaluate the mediating role of Sharia-based financial payment technology (fintech payment) in this relationship. This research is grounded in the strategic contribution of MSMEs to regional economic development and the persistent challenges encountered by female entrepreneurs in sustaining and growing their businesses, Specifically, this pertains to the limited level of Islamic financial literacy and restricted access to digital financial services that adhere to sharia principlesThis research employs a quantitative approach, utilizing an online questionnaire as the primary survey method for data collection. Respondents were selected purposively, namely Muslim women from academic circles in Madura who have entrepreneurial experience and use sharia fintech payments. The sample size was calculated using the Lemeshow formula, yielding a total of 97 respondents for this study. This was then multiplied by a certain number to become 120 respondents. The data collection process was carried out through a combination of literature review and structured questionnaire distribution, while data analysis was conducted using the SEM-PLS method with SmartPLS 4.0 software. This research is anticipated to contribute meaningfully to the advancement of a digital sharia financial ecosystem that is inclusive, sustainable, and responsive to the specific needs of female entrepreneurs in the Madura region
A Moderation Analysis: How Did Financial Knowledge Influence Financial Management Behavior Madura  Entrepreunerwomen Gen Y-Z rohmah, yusriyatur; Susetyo, Achmad Budi; Hasan, Dony Burhan Noor
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 6 No. 2 (2025): November 2025
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v6i2.7051

Abstract

MSMEs are a key component supporting national economic growth. This sector has a significant contribution to strengthening the national economy because it is able to reduce unemployment rates by creating new jobs for local communities. MSMEs also contribute significantly to economic growth, including in the Madura region, which shows a rapid increase in the number of MSMEs. However, along with this growth, MSMEs face various challenges, particularly related to financial management behavior. The expertise in manage finances is a crucial aspect in maintaining the persistence of SMEs. With good financial mastery, an entrepreneur can organize and allocate their financial resources effectively and on target. This study aims to analyze the  influence of financial knowledge to  financial management behavior between generations Y- Z in the Madura region. This study uses a quantitative approach, through questionnaires to gather primary data.  literature studies, and interviews. The sample size was determined using the Lemeshow technique. Data analysis in this study was carried through the Structural Equation Modeling (SEM) approach applying Smart PLS software version 4.0.9.9. The study findings indicate that financial literacy exerts a favorable influence on financial management. However, Islamic financial literacy does not show a significant infuluence to financial management
Liquidity, Solvency, and Activity on Profitability with Capital Structure as a Mediating in Green Industry Companies Pradana, Yoga; Nadhiroh, Umi
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 6 No. 2 (2025): November 2025
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v6i2.6924

Abstract

The purpose of this study is to determine the impact of liquidity, solvency, and activity on profitability using the capital structure as a mediating variable for companies in the green industry listed on the Indonesian Stock Exchange for the years 2021–2024.Purposive sampling and a quantitative approach were used to choose eight organizations as research samples. Three different kinds of variables are used in this study: independent, mediating, and dependent variables. The author analyzed data using SPSS software Multiple linear regression, conventional assumption tests, and the Sobel test were used to evaluate secondary data in the form of financial reports in order to look into the mediating role of capital structure.  The findings indicate that while solvency and activity have a large beneficial impact on profitability, liquidity has no discernible influence. Profitability is not directly impacted by capital structure, but it is somewhat mediated by solvency.The findings show that although solvency and activity have a large positive impact on profitability, liquidity does not have a significant effect. Profitability is not directly affected by capital structure, but structure is able to mediate the effect of solvency on profitability, while the liquidity ratio and activity on profitability are not mediated by capital structure.
The Impact of Macroeconomic Variables on Stock Market Performance: Evidence on the Mediating Role of Monetary Policy from Indonesia Marco Hadi Surya; Hartono
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 6 No. 2 (2025): November 2025
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v6i2.6933

Abstract

This study investigates the complex relationship between macroeconomics and the Indonesian stock market, focusing on the often-overlooked mediating role of monetary policy. Employing path analysis on quarterly data from 2005-2024, the study models the direct and indirect effects of inflation, GDP, and unemployment on the Composite Stock Price Index (IHSG) via the BI rate. Results show that unemployment and the BI rate have a direct, significant negative impact on the IHSG. Crucially, the findings reveal that inflation's impact is fully mediated by the interest rate, clarifying previous inconsistencies in the literature. This analysis confirms the significance of the asset price channel of monetary policy transmission in Indonesia.
Bibliometric Mapping of Maqasid Shariah in Financial and Sustainability Studies Fauzi, Muchamad Rizky; Hasriadi, L.M; Yanti, Wilda
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 6 No. 2 (2025): November 2025
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v6i2.7007

Abstract

This study examines the intellectual development of Maqasid Shariah in the fields of Islamic finance and sustainability over the last ten years. Employing bibliometric and content analyses of Scopus-indexed publications, the results indicate that Indonesia and Malaysia are the foremost contributors to this domain, highlighting their regional preeminence in the integration of ethical, financial, and sustainable governance frameworks. The keyword mapping shows five main thematic clusters that make up the current research landscape: sustainability, Islamic banking, Maqasid Shariah, governance, and innovation. There is a clear progression over time from early studies that looked at compliance and financial performance to newer topics like ESG integration, value-based banking, and fintech-driven sustainability. The findings indicate that Maqasid Shariah has transitioned from a normative framework to an operational paradigm that reconciles ethical objectives with economic performance and environmental stewardship. This change makes Islamic finance a value-driven model that can help with global sustainability goals. The study concludes by urging future researchers to broaden empirical investigations across various sectors and to create hybrid analytical models that amalgamate Maqasid Shariah with digital innovation and sustainability assessment frameworks.  
Comparative Study: The Impact Of Domestic Structure And Trade Cooperation On Exports Of Developed And Developing Countries In Asia Ilmiawan, Muhammad Iqbal; Asmara, Kiky; Nisa, Fauzatul Laily
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 6 No. 2 (2025): November 2025
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v6i2.7080

Abstract

The intensification of globalization has driven greater economic integration through various international trade agreements such as FTA, CEPA, and RTA, particularly in Asia, which is the region with the highest number of trade agreements in the world. However, the benefits of such integration have not been evenly distributed between developed and developing countries. This study aims to comparatively analyze the impact of domestic structures reflected through labor, capital, HDI, exchange rate, and trade cooperation on exports in developed and developing countries in Asia. This research employs a quantitative approach using panel data from 17 countries (5 developed and 12 developing) over the 2004–2023 period, analyzed using the Error Correction Model (ECM). The results reveal that, in the long run, all variables significantly affect exports in developing countries except for trade cooperation, which shows no significant impact. In developed countries, only labor has no significant effect on exports, while other variables exhibit significant influences. These findings indicate that developed countries tend to be capital-intensive, whereas developing countries are more labor-intensive. In the short run, only labor and HDI significantly affect exports in developing countries, while in developed countries, capital and exchange rate have significant effects on exports. Furthermore, the existence of cointegration suggests an adjustment process from the short run to the long run, with the speed of adjustment in developing countries being relatively slower than in developed ones.

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