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Contact Name
Katon Abdul Fatah
Contact Email
katonfath@gmail.com
Phone
+628975841020
Journal Mail Official
katonfath@gmail.com
Editorial Address
Desa, Metuk No.008 RT.002 RW. 001, Kec, Mojosongo Kab, Boyolali, 57322
Location
Kab. boyolali,
Jawa tengah
INDONESIA
FINANCE : International Journal Of Management Finance
ISSN : 30266734     EISSN : 30266742     DOI : https://doi.org/10.62017/finance
Core Subject : Economy,
FINANCE : International Journal Of Management Finance: We are rummaging around the web for progressive and clairvoyant minds for this exponential journal to focus upon various components of management, accounting, trade, marketing, finance, economy, and behavioral study. This search can reach a culmination only with authors’ as well as readers’ cooperation at large. This is precisely meant to be an exploratory analysis over the given topics to stimulate the budding genius into aspiring eminent management personalities and present an international platform for interactive pleasure and argumentative progression.. This journal is published 4 (four) times a year, namely in March, June, September, and December.
Articles 5 Documents
Search results for , issue "Vol. 3 No. 3 (2026): March" : 5 Documents clear
ECONOMIC GROWTH EFFECT ON ENVIRONMENTAL POLLUTION IN INDONESIA Normanda Eka Shakti; Prayudi Setiawan Prabowo
Finance : International Journal of Management Finance Vol. 3 No. 3 (2026): March
Publisher : Publikasi Inspirasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62017/finance.v3i3.153

Abstract

This study examines the impact of economic growth on environmental pollution across Indonesia's provinces, utilizing Gross Regional Domestic Product (GRDP) at current market prices as the primary economic indicator and population density as a control variable. Employing a quantitative approach with cross-sectional secondary data from Indonesia's Central Statistics Agency (BPS), the research conducts multivariate regression analysis on data from all 34 provinces. Comprehensive diagnostic tests, including assessments of normality, multicollinearity, autocorrelation, and model specification, were performed to validate the statistical model. The findings reveal that both GRDP and population density exert statistically significant positive effects on environmental pollution, though the magnitude of these effects is relatively modest. The model explains approximately 44.35% of the variation in environmental pollution, suggesting that additional factors beyond economic and demographic variables contribute substantially to pollution dynamics. This research provides contemporary empirical support for the Environmental Kuznets Curve (EKC) hypothesis in the Indonesian context, emphasizing the necessity for integrated policy approaches that balance economic development with environmental sustainability.
Detection of Fiscal Illusion in the Regional Financial System of Special Autonomy Fund Recipients (Case Study in Aceh, Papua, and West Papua) Bayu Aji Laksono; Mohammad Wahed
Finance : International Journal of Management Finance Vol. 3 No. 3 (2026): March
Publisher : Publikasi Inspirasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62017/finance.v3i3.133

Abstract

This study aims to detect the phenomenon of fiscal illusion within the regional financial system in areas receiving Special Autonomy Funds (Dana Otonomi Khusus) in Indonesia, particularly in the provinces of Aceh, Papua, and West Papua. The study is motivated by the high dependency of regional governments on central government transfers—especially Special Autonomy Funds—amid efforts to enhance regional fiscal independence. A quantitative descriptive approach is employed, analyzing data on Regional Own-Source Revenue, General Allocation Funds, Revenue Sharing Funds, and Special Autonomy Funds in relation to Regional Expenditures from 2009 to 2024. The findings reveal that Regional Own-Source Revenue and Special Autonomy Funds do not have a significant effect on Regional Expenditures, whereas General Allocation Funds and Revenue Sharing Funds have a significant influence. Most regional spending continues to rely on central government transfers, particularly Special Autonomy Funds, while Regional Own-Source Revenue contributions remain relatively low. This condition indicates the potential occurrence of fiscal illusion, characterized by a mismatch between public perception and the actual contribution of local revenues to regional development.
THE EFFECT OF THE NUMBER OF TOURIST OBJECTS, NUMBER OF TOURISTS, NUMBER OF HOTELS AND NUMBER OF RESTAURANTS ON REGIONAL OWN SOURCE REVENUE (ROSR) OF EAST JAVA PROVINCE Faros Hafidz Muhammad Trizhardi; Arief Bachtiar
Finance : International Journal of Management Finance Vol. 3 No. 3 (2026): March
Publisher : Publikasi Inspirasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62017/finance.v3i3.140

Abstract

This study aims to analyze the influence of the tourism sector on Regional Own-Source Revenue (ROSR) in East Java Province during the 2017–2024 period by examining four key variables: the number of tourist attractions, tourist visits, hotels, and restaurants. The research is motivated by the discrepancy between East Java’s substantial tourism potential—consistently recording the highest domestic tourist visits in Indonesia—and its relatively small contribution to ROSR compared to other revenue sources such as motor vehicle taxes. Using panel data from six regencies/cities and multiple linear regression analysis, this study provides an empirical overview of how tourism indicators affect the fiscal capacity of the region. The findings show that tourist attractions, hotels, and restaurants have a positive and significant effect on ROSR, while the number of tourists does not exhibit a significant influence. This indicates that tourist activities are not fully captured within the regional tax system and remain largely within informal sectors. Simultaneously, all tourism variables significantly affect ROSR, supporting the Tourism-Led Growth theory and the concept of the multiplier effect. The study concludes that improving the quality and management of tourist attractions, accommodation, and the culinary sector plays a more critical role in enhancing fiscal revenue than merely increasing tourist numbers. These results provide strategic insights for local governments in strengthening the tourism sector's contribution to ROSR.
The Impact of Product Quality and Price on Buying ERSPO Jerseys for the Indonesian National Team in Surabaya Kurniawan, Bima; Cordelia Izaak, Wilma
Finance : International Journal of Management Finance Vol. 3 No. 3 (2026): March
Publisher : Publikasi Inspirasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62017/finance.v3i3.136

Abstract

This study aims to analyze the effect of product quality and price on purchasing decisions of Erspo Indonesian National Football Team jerseys in Surabaya. The background is rooted in the rising enthusiasm of Indonesian football fans and the emergence of Erspo as an official national team apparel brand, which faced opportunities as well as criticism concerning product quality and pricing. The research employed a quantitative approach using purposive sampling with 108 respondents. Data collection was conducted through questionnaires using a Likert scale, and data analysis utilized the Partial Least Square (PLS) method. The findings indicate that both product quality and price have a positive and significant effect on purchasing decisions. This study contributes to the literature on consumer behavior in the sports apparel market and provides practical insights for local brands to strengthen their competitivene
The Influence of Social Media Marketing and Electronic Word of Mouth on The Purchase Decision of AZKO Products in Surabaya Raihano, Keanrafi Daffa; Izaak, Wilma Cordelia
Finance : International Journal of Management Finance Vol. 3 No. 3 (2026): March
Publisher : Publikasi Inspirasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62017/finance.v3i3.137

Abstract

Following the rebranding of Ace Hardware Indonesia to AZKO, the company faced challenges in maintaining sales performance amid increasingly competitive competition in the home appliance retail industry. This study was conducted to determine how Social Media Marketing and Electronic Word of Mouth (e-WOM) influence consumer purchasing decisions on AZKO products in Surabaya. This study is quantitative in nature with a non-probability sampling method using purposive sampling techniques to determine the sample from the population of consumers who know and have purchased AZKO products in Surabaya. A total of 110 respondents were involved in data collection through an online questionnaire. The data obtained was then processed and analyzed using the Partial Least Square (PLS) approach through SmartPLS software. Based on the analysis results, both hypotheses in this study were accepted, indicating that Social Media Marketing and Electronic Word of Mouth (e-WOM) have a positive and significant influence on consumer purchasing decisions. The conclusion of this study shows that purchasing decisions will increase along with the increasing effectiveness of marketing strategies through social media and e-WOM management implemented by AZKO, so that these two variables are important to maintain and improve.

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