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Journal of Management, Economic, and Financial
ISSN : -     EISSN : 29866863     DOI : https://doi.org/10.46799/jmef.v2i3
The Journal of Management, Economic, and Financial is a double-blind peer review and open access academic journal. This journal is a scientific magazine published six issues per year has published its first issue in 2022 with e-ISSN 2986-6863. The journal publishes research papers, technical papers, conceptual papers, and case study reports in the Management, Economics, and Finance families. The Journal of Management, Economic, and Financial facilitates researchers and academics to publish their scientific manuscripts and support the development of research culture in Indonesia. The journal publishes research articles covering economics and business, which include: Finance and Banking, Econometric Applications, Time Series Econometrics, Cross-sectional Data Econometrics, Panel Data Econometrics, Financial Econometrics, International Trade and Development, Tourism Economics, Business Economics, Microfinance, International Finance, Economics, Finance, and Education Management, Management, Marketing, Human Resources, Organizations, Maznagement Information Systems.
Articles 134 Documents
Dynamics and Challenges of Legal Regulation concerning Human Smuggling with Refugee Objects in Indonesia Kukuh Kharisma, Lalu; Susilowati, Tri; Tohari, Mohamad
Journal of Management Economic and Financial Vol. 2 No. 6 (2024): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v2i6.65

Abstract

This research discusses the dynamics and challenges in legal regulation related to human smuggling, focusing on refugees in Indonesia. Despite Indonesia being a significant transit country for refugees, the existing legal framework, particularly Law No. 6 of 2011 on Immigration, does not specifically regulate the status and protection of refugees. Consequently, refugees are often viewed as illegal immigrants, leading to human rights violations and legal uncertainty. The first subsection analyzes how dynamic legal regulations interact with the challenges faced in the context of human smuggling. It further explores necessary efforts to create legal certainty, including the need for more specific regulations and transparent procedures. This research is expected to contribute to the development of better policies and practices in dealing with human smuggling cases and protecting the rights of refugees in Indonesia.
Implementation of Loss Assessment Theory in Improving the Effectiveness of the Connexity Justice System Rahmadhani, Savira; Tohari, Mohamad; Amin Zaini, Naya
Journal of Management Economic and Financial Vol. 2 No. 6 (2024): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v2i6.66

Abstract

This research discusses the dynamics and challenges in legal regulation related to human trafficking with a focus on refugees in Indonesia. Although Indonesia is a significant transit country for refugees, the existing legal framework, particularly Law No. 6 of 2011 on Immigration, does not specifically regulate the status and protection of refugees. Consequently, refugees are often viewed as illegal immigrants, leading to human rights violations and legal uncertainties. The first subtitle conducts an analysis of how dynamic legal regulations interact with the challenges faced in human trafficking. It further explores the necessary efforts to create legal certainty, including the need for more specific regulations and transparent procedures. This research is expected to contribute to the development of better policies and practices in handling human trafficking cases and protecting the rights of refugees in Indonesia
Marketing Strategy of Non-Steroidal Anti Inflammatory (NSAIDs) Selective Cox-2 Inhibitor To Increase Demand By Sales Driven Of Pharmacist’s Recommendation Based On Aisas Model In The Retail Pharmacy Utomo Go, Cahayadi
Journal of Management Economic and Financial Vol. 2 No. 6 (2024): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v2i6.67

Abstract

Inflammation is a condition that generally occurs in patients with joint-related diseases or injuries that are characterized by pain. In treating pain, the drugs often used are NSAIDs, especially COX-2, which have advantages for patients with Gastrointestinal (GI) problems and are relatively safe for patients with a Cardiovascular (CV) disease history. In the retail pharmacy, the Sanisphere data shows that 33% of pharmacy transaction sales volume is driven by recommendations from pharmacists and frontline employees. Pharmaceutical companies have a significant opportunity to increase demand through pharmacist recommendations in the retail segment, especially for NSAIDs COX-2. This research focuses on implementing an effective marketing strategy using the AISAS Model. Qualitative and Quantitative methods use open and closed-question surveys to analyze the perspective of pharmacists and frontliners regarding influencing factors and marketing activities and tools effectively implemented in the retail pharmacy segment. Competitors, marketing mix, Segmentation, targeting, and positioning have also been analyzed in this research. The research results show that pharmacists consider the following factors for COX-2: Drug indications and pain symptoms, Drug Safety, Drug risk, Drug quality, strength, Onset and effectiveness in treating pain, product knowledge, marketing activities, patient economics, and patient’s request on drug molecule. Several practical marketing activities are applied at each stage of the AISAS Model, Detailing product knowledge, merchandise, discounts, seminars, webinars, marketing activities, sponsorships, and sales visiting activities. Pharmaceutical companies can implement this effective marketing activity proposal to increase demand for COX-2 NSAIDs in pharmacies through pharmacist and frontline recommendations
The Effect of Financial Performance on Company Value with Sustainability Report Disclosure as an Intervening Variable Abd Aziz, Marwa; Mukhzarudfa, Mukhzarudfa; Mansur, Fitrini
Journal of Management Economic and Financial Vol. 2 No. 6 (2024): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v2i6.68

Abstract

This study aims to analyze the influence of financial performance on company value by disclosing sustainability reports as an intervening variable in mining sector companies listed on the IDX in 2018-2022. This research population is mining sector companies listed on the IDX by disclosing sustainability reports. The research sample withdrawal technique is by using the purposive sampling method, where samples are selected on the basis of the suitability of sample characteristics with the specified sample selection criteria. Data analysis in this study uses SEM (Structural Equation Modeling) analysis using SmartPLS software version 4. The results of this study show that: 1) Financial Performance has an influence on the disclosure of sustainability reports; 2) Financial performance affects the value of the company; 3) Sustainability reports have an influence on the company's value; 4) Financial performance has no influence on the company's value through sustainability reports
Digital Image Segmentation with Wavelet Transformation Using Matlab Version R2010b Zainal Abidin, Muhammad
Journal of Management Economic and Financial Vol. 2 No. 6 (2024): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v2i6.69

Abstract

One of the image processing is the segmentation process, which is a stage in the image analysis process that aims to obtain information contained in an image by dividing the image into separate areas where each area is homogeneous and refers to a clear uniformity criterion. In this paper, the application of Wavelet Transformation in the field of image segmentation by designing an application using MATLAB Version R2010B will be raised. Where wavelets are mathematical functions that cut data into different sets of frequencies, so that each of these components can be studied using different resolution scales
The Effect of Demographics and Marketing Mix on Purchasing Decisions at Modern and Traditional Coffee Shops in Makassar Bhirawidha, Arhab
Journal of Management Economic and Financial Vol. 3 No. 1 (2025): Journal of Management, Economic and Financial
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v3i1.70

Abstract

The rapid growth of the coffee shop industry has led to an increased interest in understanding consumer behavior, particularly in urban areas like Makassar. This study aims to analyze the influence of demographic factors and the marketing mix on purchasing decisions at modern and traditional coffee shops in Makassar. Specifically, it examines the role of age, gender, monthly consumption, product, price, place, and promotion in shaping consumer preferences.The research adopts a quantitative approach, employing logistic regression to assess the relationship between demographic and marketing mix variables (independent variables) and purchasing decisions (dependent variable). Data were collected through questionnaires distributed to 184 respondents who frequently visit coffee shops in Makassar. Prior to analysis, the validity and reliability of the research instruments were thoroughly tested to ensure data accuracy. The findings reveal that demographic factors, including age, gender, and monthly consumption, significantly influence purchasing decisions. Younger consumers tend to prefer modern coffee shops, while those with higher consumption levels are more inclined to choose traditional coffee shops. Interestingly, the marketing mix variables—product, price, place, and promotion—do not show a significant impact on purchasing decisions, diverging from the results of some previous studies. These results have important implications for coffee shop managers in tailoring their strategies to target specific consumer demographics more effectively. Furthermore, the study underscores the need for a deeper exploration of other potential factors beyond the marketing mix that could influence purchasing decisions in the coffee shop industry.
The Effect of Transformational Leadership Style and Change Management on the Performance of the Continuous Improvement Program Muliana, Afif
Journal of Management Economic and Financial Vol. 3 No. 1 (2025): Journal of Management, Economic and Financial
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v3i1.71

Abstract

Multiplier Effect of Incentive Policy and Ease of Investment on the Welfare of the People (Study in Bangka Belitung Islands Province During The 2010 – 2021 Period) Arkum, Darol; Amar, Hattami
Journal of Management Economic and Financial Vol. 3 No. 1 (2025): Journal of Management, Economic and Financial
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v3i1.73

Abstract

Abstract Improving the standard of living requires active government intervention, often in the form of policies aimed at encouraging domestic and foreign capital investment. This study aims to analyze the multiplier effect of incentive and investment facilitation policies on the well-being of residents in the Bangka Belitung Islands Province. Specifically, it examines the impact of these policies on key socio-economic indicators, including the Human Development Index (HDI), regional GDP, unemployment rate, poverty rate, and income inequality. This research employs descriptive and correlational quantitative methods, utilizing a multiple linear regression model to analyze the relationship between foreign and domestic investment (independent variables) and socio-economic indicators (dependent variables). The data used were sourced from the Central Office of Public Prosperity, statistical agencies, and other relevant institutions. The findings reveal that incentive and investment facilitation policies directly increase the value of investments, which positively and significantly impacts regional GDP and the Human Development Index. Furthermore, investment growth is associated with a reduction in poverty levels and income inequality. However, increased investment does not significantly affect the unemployment rate. These results suggest that while investment policies are effective in improving several key indicators, their impact on job creation requires further consideration. These findings underscore the importance of government oversight in ensuring that investors comply with regulations, adopt labor-intensive strategies, and prioritize the use of local labor. By doing so, central and local governments can achieve both short-term and long-term development goals, fostering inclusive economic growth and reducing disparities.
The Influence of a Work Environment that Supports Employee Health and Wellness and Human Resource Development on Employee Performance at PT Pusri Palembang Fauzi, Yusuf
Journal of Management Economic and Financial Vol. 3 No. 1 (2025): Journal of Management, Economic and Financial
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v3i1.74

Abstract

This research aims to analyze the effect of a work environment that supports employee health and wellness and human resource development on employee performance at PT Pusri Palembang. The research objectives are to assess the extent to which these factors influence employee performance and to provide actionable recommendations for improving workplace practices and employee development strategies. The research employs a quantitative research method with a multiple linear regression analysis approach to determine the relationship and significance of the variables. The population comprises all 1,692 permanent employees of PT Pusri Palembang. Using the proportional sampling method, a sample of 100 employees from various compartments led by Super Vice Presidents (SVPs) was selected. The findings reveal that both a supportive work environment and human resource development have a positive and significant impact on employee performance. The research suggests that leaders should recognize and reward employees delivering excellent results and provide appropriate training and resources, particularly for employees assigned roles misaligned with their education and skills.
Building Green Supply Chain Collaboration at the Jurisdictional Level Towards Sustainable Palm Oil Vita Baskara, Laurentius; Santosa, Wahyuningsih
Journal of Management Economic and Financial Vol. 3 No. 1 (2025): Journal of Management, Economic and Financial
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jmef.v3i1.76

Abstract

The palm oil industry plays an important role in meeting the world's vegetable oil needs, but faces sustainability challenges such as deforestation, land degradation, and land conflicts. This study analyzes the implementation of deforestation-free green supply chain practices in Kandis District, Siak Regency, Riau. Data were collected through in-depth interviews, field observations, and document analysis. The results show that companies have started to implement ISPO certification standards, including environmental impact management, and multi-stakeholder collaboration, having a significant impact in supporting the palm oil sustainability industry. However, in the implementation of green supply chains, challenges were found in the data collection of supply chains up to the farm level, due to the lack of trust of farmers and the absence of incentives, so it has not been able to ensure deforestation-free supply chains. The jurisdictional approach works to strengthen multi-stakeholder collaboration and accelerate the adoption of sustainable palm oil practices and green supply chains. The conclusion of this study confirms that the implementation of deforestation-free green supply chains can be achieved through the support of improved policies, governance, accelerated ISPO certification, farmer assistance and encouraging partnerships between companies and smallholders, in support of sustainable palm oil practices as a whole.

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