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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 165 Documents
The Influence Of Environmental Performance And Environmental Costs On Firm Value With Corporate Social Responsibility Disclosure As A Moderating Variable Wilhelmina Sir, Serlinha; Dwija Putri, I Gusti Ayu Made Asri
Journal of Management Economic and Financial Vol. 3 No. 5 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i5.158

Abstract

The purpose of this study is to determine the effect of environmental performance and environmental costs on company value with corporate social responsibility disclosure as a moderating variable. The population of companies is manufacturing companies listed on the Indonesia Stock Exchange in 2021-2023. Research data was obtained from the Indonesia Stock Exchange website and the websites of each company. The analysis method used is Moderating Regression analysis using SPSS 26.0 software. The results of the study indicate that environmental performance has a negative and significant effect on firm value. Environmental costs have a positive and significant effect on firm value. CSRD is able to moderate by weakening the effect of environmental performance on firm value. CSRD is able to moderate by strengthening the effect of environmental costs on firm value.
The Effect of it Sophistication and User Participation on the Effectiveness of Sipd Usage with Personal Techniques as a Moderating Variable Wedhayanti, Kadek Diah Amania; Mimba, Ni Putu Sri Harta
Journal of Management Economic and Financial Vol. 3 No. 5 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i5.160

Abstract

The rapid advancement of digital technology and the increasing demand for transparency and accountability in government administration have necessitated comprehensive digital transformation initiatives across Indonesian local governments, with the Regional Government Information System (SIPD) serving as a critical component of bureaucratic reform efforts aimed at enhancing efficiency, transparency, and public service delivery. This [A1] research [A2] aims to analyze the influence of information technology (IT) sophistication and user participation on the effectiveness of the Local Government Information System (SIPD) usage, with personal techniques as a moderating variable. This research employs a quantitative approach with an empirical methodology, conducted on local government agencies in Indonesia that implement SIPD. Data were collected through questionnaire distribution to SIPD users at the Denpasar City Regional Secretariat and analyzed using Moderated Regression Analysis (MRA) technique with SPSS software. The results showed that: (1) information technology sophistication did not have a significant effect on the effectiveness of SIPD usage; (2) user participation had a positive and significant effect on SIPD effectiveness; (3) the influence of IT sophistication on SIPD effectiveness was not significant, even when moderated by personal techniques; and (4) personal techniques significantly moderated the relationship between user participation and SIPD effectiveness despite negative coefficients. This research confirms that the success of SIPD usage is more influenced by user involvement and the moderating factor of personal techniques, while technology sophistication alone does not have a significant influence.
Improving Vocabulary Skills Through Project-Based Learning With Digital Picture Media for Children With Speech Disorders in Third Grade of Elementary School Anggraini, Gustina; Suparno, Suparno
Journal of Management Economic and Financial Vol. 3 No. 5 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i5.161

Abstract

Children with speech disorders experience difficulties in understanding and using vocabulary, which affects their academic performance and social skills. Conventional verbal-based learning approaches are often ineffective, thus requiring strategies that are more visual, concrete, and interactive. This study aims to improve the vocabulary skills of children with speech disorders using digital image media based on Project Based Learning (PjBL). This research employed a Classroom Action Research (CAR) method conducted in three cycles in 3rd Class of YPPSB 3 Elementary School, North Sangatta. The subjects consisted of four students identified as having speech disorders. Data were collected through observation, learning outcome tests (pretest and posttest), and documentation of learning activities. The result of the study shows a significant improvement in students' vocabulary abilities. The average pre-action score of 33.37% increased to 53.75% in cycle I, 67.5% in cycle II, and reached 75% in cycle III. Three out of four students (75%) achieved scores up to 98.75% and categorized as "Developing Very Good" (BSB), while one student was categorized as "Developing Accordingly" (BSH). This improvement covered receptive (listening, understanding) and productive (speaking, retelling) aspects. Digital image media provided concrete visual stimuli, while the PjBL approach encouraged student engagement and collaboration. The combination proved effective in creating an enjoyable, contextual, and inclusive learning experience for children with speech disorders.
The Influence of Liquidity, Firm Size, Investment Opportunity Set, and Profitability on Earnings Quality With Firm Value as a Moderating Variable Adah, Siti Nahdiatusa; Herliansyah, Yudhi
Journal of Management Economic and Financial Vol. 3 No. 5 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i5.162

Abstract

This study aims to examine and analyze the effect of liquidity, company size, investment opportunity set, and profitability on earnings quality with company value as a moderating variable. The research employs a quantitative approach utilizing panel data from LQ45 companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023 using 117 samples. The data analysis method involves panel data regression analysis and moderated regression analysis processed with Econometric Views 12 (E-Views 12). The results of this study show that liquidity has no significant effect on earnings quality, firm size has no significant effect on earnings quality, investment opportunity set has no significant effect on earnings quality, profitability has a significant effect on earnings quality. In addition, firm value as a moderating variable, moderates all independent variables as a predictor moderator on relationship between the influence of liquidity, firm size, investment opportunity set and profitability on earning quality. These findings provide impetus for LQ45 companies to consider earning's quality in order to increase the balance between earnings and cash flow and reveal earnings in their actual conditions. This research contributes novel insight that firm value can predict the relationship between liquidity, company size, investment opportunity set and profitability on the quality of a company's profits.
Physical Education Learning Accommodation for Students with Special Needs at the Elementary School Level in Rantau Pulung District Suratno, Suratno
Journal of Management Economic and Financial Vol. 3 No. 5 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i5.163

Abstract

This research aims to analyse the learning accommodations in physical education (PE) implemented for students, particularly those with special needs, at the elementary school level in Rantau Pulung District. Learning accommodations are essential approaches designed to meet the educational needs of individuals with differences and limitations, enabling them to And then there' participate in PE activities. The accommodations applied, such as modifications to equipment and teaching methods, create a more inclusive and supportive environment for all students. Teachers trained in learning accommodations have a significantly greater impact on student success. Educators who have participated in inclusive education training are better equipped to identify student needs and adapt their teaching methods accordingly. Following the implementation of appropriate accommodations, 80% of students demonstrated increased participation in PE activities, while 75% of teachers reported feeling more confident in teaching PE after attending training on accommodations for students with special needs. The methodology employed in this study is qualitative descriptive, using a case study approach that involves interviews and analysis of relevant documents. The findings reveal various forms of accommodations applied by educators, including material modifications, adjustments in teaching strategies, and the use of assistive tools that facilitate the participation of students with special needs in PE lessons. Furthermore, the involvement and support of parents and the surrounding community play a crucial role in the success of these accommodations. This research is expected to contribute to the development of inclusive education and enhance the quality of education for students with special needs in Rantau Pulung District.
Improving Understanding of Science Concepts of Human Motion System Material Using Contextual-Based Animation Media in Slow Leaner Students of Grade VI Elementary School Riyanto, Subur; Suparno, Suparno
Journal of Management Economic and Financial Vol. 3 No. 5 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i5.164

Abstract

This research aims to improve the understanding of the concept of Natural Sciences (IPA) on human motion system materials through the use of contextual-based animation media in slow learner students in grade VI of elementary school. The research method used is class action research (PTK) with two cycles, which include the planning, implementation, observation, and reflection stages. The research subjects were a number of class VI slow learner students who had obstacles in understanding abstract concepts in science learning. Contextual-based animation media is designed to relate human movement system material to real situations that are relevant to students' daily lives, thereby facilitating the process of understanding. Data collection instruments include concept comprehension tests, observation sheets, and interviews. The results of the study showed a significant increase in students' concept comprehension scores from pre-cycle to cycle II. The use of contextual-based animation media has been proven to help slow learner students understand the material more deeply, increase learning motivation, and encourage active participation in learning. These findings recommend the use of contextual-based animation media as one of the effective strategies in science learning for slow learner students at the elementary school level.
A Phenomenological Exploration Impact of Work-Life Balance and its Implications for the Creativity and Productivity of Gen Z Entrepreneurs Christy, Albertha Septya; Prawihatmi, Chatarina Yekti
Journal of Management Economic and Financial Vol. 3 No. 6 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i6.178

Abstract

Indonesian Gen Z workers face challenges in achieving a Work-Life Balance (WLB) due to digitalization, flexibility, and dynamic socio-economic interactions. The purpose of this study is to investigate how Gen Z workers understand and manage their work-related lives and how WLB affects their creativity and productivity. The methodology employed is transcendental phenomenology, which analyzes the lived experiences of Gen Z business owners (both active and passive), providing a key piece of information in the field of business psychology. Open questionnaires and semi-structured interviews are used to gather the data, which is then manually coded thematically according to Moustakas's (1994) methodology. The results indicate that WLB is a kind of self-regulation strategy that enhances intrinsic motivation and creative productivity. The three main themes discussed are (1) balance as self-regulation and productivity strategy, (2) the digital paradox between flexibility and technology, and (3) the maturity of experience in observing life balance. This integrates the theories of Resource-Based View (RBV), Self-Determination Theory (SDT), and Componential Theory of Creativity, stating that WLB is a strategic psychological approach that increases creativity and productive work.
Implementation of Design Thinking in Interactive Prototype Branding and Activation at Soekarno-Hatta Airport Prameswari, Alifah Lintang; Dianty, Amelia Putri; Andayani, Pratiwi
Journal of Management Economic and Financial Vol. 3 No. 6 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i6.179

Abstract

This research aims to explore the application of Design Thinking in designing an interactive prototype based on artificial intelligence (AI) for branding and activation needs at Soekarno-Hatta International Airport. Utilizing a creative and human-centered approach, this study collects data through observations, interviews, and surveys to understand passengers' behavior and perception of interactive branding media. The results show that the AI Device + Machine concept is the most potential alternative to SPG Mobile, mascot activation, and specific expertise activation because it excels in brand message consistency, operational efficiency, and its ability to deliver personalized and adaptive interactions in real time. In addition to being able to operate indefinitely and collect evaluative data, this concept also strengthens the airport's innovative image. However, challenges in the form of high initial costs, technical risks, and limitations of emotional proximity still need to be considered in its implementation. The implications of this research provide strategic guidance for airport management and brand partners in optimizing passenger engagement through technology-driven experiential branding, while also contributing to the theoretical understanding of Design Thinking application in complex public service environments. This study offers practical frameworks for balancing technological innovation with human-centered design principles in developing sustainable and scalable branding solutions for large-scale transportation hubs.
Accountability in Village Fund Management in Disadvantaged Areas: The Role of Apparatus Ethics, Local Wisdom, and Public Trust in Tuafanu Village, NTT Manuain, Deetje Wieske; Tuati, Nonce.F.; Usman , Hapsa
Journal of Management Economic and Financial Vol. 3 No. 6 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i6.180

Abstract

Leadership and culture organization is two factor strategic that influences performance finance company . However , the findings empirical related connection both of them Still diverse , especially in Indonesian context . Research This aim For analyze influence style leadership to culture organization and results finance , as well as test role mediation culture organization in the company medium and large enterprises in Indonesia. Research This use approach quantitative explanatory with method survey . Primary data was collected through questionnaire to 220 managers middle and upper class , while secondary data originate from report finance company . Analysis done with Structural Equation Modeling (SEM) using SmartPLS . Research results show that (1) style leadership influential positive significant to culture organization ; (2) style leadership influential direct to results finance , although its influence relatively small ; (3) culture organization influential significant to results finance ; and (4) culture organization mediate connection between style leadership and results finance . Research This confirm that leadership transformational play a role important in form culture adaptive organization , which in turn increase profitability company . Implications study This emphasize importance investment company in development leadership and transformation culture organization as an improvement strategy Power competitiveness and sustainability business in Indonesia.
Root Cause Analysis of Delays in The XYZ Toll Road Design and Construction Project using the RCA Method Sri Rahayu, Yayuk; Rachmawati, Farida
Journal of Management Economic and Financial Vol. 3 No. 6 (2025): Special Issue
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jmef.v3i6.181

Abstract

The XYZ Toll Road Construction Design and Construction Project Plan is a continuation of the Solo – Ngawi Toll Road which is part of the Trans Java Toll Road series and part of a program that was delayed due to the 1997 monetary crisis. Judging from the chronology of the contract journey, this project experienced a non-excusable without compensable delay where the planned handover was on June 6, 2025 to November 30, 2026. The purpose of this study is to identify the main factors that cause delays, find out the root causes of the delays and provide recommendations and solutions that can be applied to minimize delays in the design project. The research method used in this study is a qualitative descriptive method by collecting data through a questionnaire technique. This study will discuss the application of the Root Cause Analysis (RCA) method, namely: pareto diagran, fishbone (Ishikawa diagram) and 5WHYS to identify the root of the problem. The root of the problem causing the delay is that when the contract is signed, the land acquisition is 0% so that the land handover is carried out in stages during the implementation, some locations have geographical conditions that are not possible to pass so that it is necessary to shift the road trajectory and at the time the project is running, the owner/employer is still carrying out the financial closing process. The final results of the research set strategies and managerial implications to accelerate decision-making, reduce overlapping responsibilities, ensure continuity of information from design to construction, strengthen cost, quality, and time control in an integrated manner.