cover
Contact Name
Elfrianto
Contact Email
elfrianto@umsu.ac.id
Phone
+6282161800054
Journal Mail Official
larisma2021@gmail.com
Editorial Address
JL. Durung No. 85, Sidorejo Hilir, Kec. Medan Tembung Kota Medan – Sumatera Utara – Kodepos 20222
Location
Kota medan,
Sumatera utara
INDONESIA
Economic: Journal Economic and Business
ISSN : -     EISSN : 29638801     DOI : https://doi.org/10.56495/ejeb
Core Subject : Economy, Science,
ECONOMIC: Journal Economi and Business yang diterbitkan oleh Lembaga Riset Mutiara Akbar, Medan, Indonesia merupakan jurnal akses terbuka yang dapat digunakan sebagai media interaksi bagi seluruh cendikiawan di berbagai bidang Ekonomi dan Bisnis baik itu Karya Ilmiah kajian pustaka maupun penelitian. Pokok bahasannya meliputi studi tekstual dan kerja lapangan dengan berbagai perspektif tentang ekonomi dan bisnis serta berbagai perspektif dalam kepentingan ekonomi dan bisnis. Jurnal ini bekerja untuk Cendekiawan, peneliti, dosen, serta profesor dari berbagai institusi dan afiliasi di dunia serta untuk wadah tempat mahasiswa mempublikasikan artikel skripsi dan tesisnya
Articles 202 Documents
The antecedence of financial well-being: insights from financial behavior, attitude, and knowledge among Indonesian youth Liana, Ana; Wendy, Wendy; Giriati, Giriati
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1375

Abstract

This study aims to examine the determinants of financial well-being among young Indonesians by analyzing the direct influence of financial behavior, financial attitudes, and financial knowledge. This study involved 348 respondents aged 20 to 34 years who participated by completing a questionnaire using a Likert scale with a value range of 1 to 7. Data analysis was conducted using WarpPLS 8.0 software. The results showed that financial behavior, financial attitudes, and financial knowledge have a positive and significant effect on financial well-being. This finding strengthens the relevance of behavioral finance theory and confirms that financial intelligence plays a significant role in determining the level of financial well-being of young individuals. Therefore, this study emphasizes the importance of planning and implementing comprehensive financial education to improve the financial well-being of young people in the digital era.
The influence of recruitment digitalization and candidate experience on job application interest in Indonesia Suryana, Ahmad Iqbal; Rosnani, Titik
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1383

Abstract

Digital transformation has driven significant changes in recruitment practices across various industrial sectors, marked by the increased use of e-recruitment systems, Applicant Tracking Systems (ATS), and professional social media. Recruitment digitization is considered capable of increasing efficiency, expanding candidate reach, and improving the quality of the selection process. However, its effectiveness is determined not only by technology, but also by the candidate's experience during the recruitment process. This study aims to analyze the influence of recruitment digitization and candidate experience on job application interest in Indonesia. The study used a quantitative approach with a survey method of 226 respondents who had participated in digital recruitment. Data analysis was conducted using Structural Equation Modeling (SEM) through WarpPLS 8.0. The results showed that recruitment digitization had a positive and significant effect on job application interest (? = 0.525; p less than 0.001), and candidate experience had a significant effect (? = 0.354; p less than 0.001). The R² value of 0.711 indicates that both variables are able to explain 71.1% of the variation in job application interest. These findings underscore the importance of developing effective digital recruitment systems and quality candidate experiences to increase applicant engagement.
The influence of gender equality perception and company concern on generation z work involvement in logistics and delivery companies in Jombang Agustiningsih, Heny; Hidayat, Asnawi
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1385

Abstract

This study aims to analyze the influence of gender equality perceptions and corporate concern on work engagement of Generation Z in logistics and delivery companies in Jombang Regency. The research approach used is quantitative with an explanatory research design. Primary data were collected through a Likert-based questionnaire distributed to 60 Generation Z respondents, determined using the Slovin formula from a total population of 146 employees. Data analysis was conducted using multiple linear regression with the help of SPSS version 26 software. The results showed that gender equality perceptions have a positive and significant effect on work engagement, while corporate concern has a positive but insignificant effect. Simultaneously, both independent variables were proven to have a significant effect on work engagement of Generation Z. This finding emphasizes the importance of implementing gender equality principles and strengthening organizational concern in building an inclusive and supportive work environment. The practical implications of this study encourage logistics and delivery companies to integrate fair, inclusive, and welfare-oriented human resource policies to increase work engagement and productivity of the Generation Z workforce.
The role of human resource management in increasing employee creativity and productivity, a case study at Dewi Rengganis Batik House Pratiwi, Cahya; Zaharani, Malika Liana; Nisa, Holipatun; Mubarak, Husni; Islam, Saiful; Kartikawati, Yeni
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1388

Abstract

Human Resource Management (HRM) is a series of activities that include planning, organizing, developing, motivating, and supervising human resources in an organization to achieve goals effectively and efficiently. This study aims to examine the role of human resource management in increasing employee creativity and productivity at Rumah Batik Dewi Rengganis. Increasingly fierce competition in the batik industry requires business actors to continue to innovate and produce high-quality products. In this context, effective human resource management is a key factor in organizational success. The research method used is a case study with a qualitative approach, which is carried out through data collection techniques such as interviews, observation, and documentation. The results of the study indicate that human resource management which includes skills training, increasing work motivation, and implementing open and effective communication has a significant contribution to increasing employee creativity in producing innovative and diverse batik designs. In addition, the effectiveness of employee management also has a positive impact on increasing production productivity at Rumah Batik Dewi Rengganis.
The influence of government spending in the education, health and infrastructure sectors on economic growth and the human development index in North Sumatra province for the period 2015–2024 Nasution, Suci Syahrovani
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1394

Abstract

This study aims to analyze the effect of government spending on the education, health, and infrastructure sectors on economic growth and the Human Development Index (HDI) in North Sumatra Province during the 2015–2024 period. The main issue examined is the extent to which the effectiveness of public budget allocation is able to encourage economic development while improving human quality. This study uses a quantitative approach with a multiple linear regression method processed using EViews 10 software, and utilizes secondary data sourced from the Central Statistics Agency (BPS) and the Directorate General of Fiscal Balance (DJPK). The results show that government spending on the health and infrastructure sectors has a significant effect on economic growth and the HDI, while spending on the education sector shows a positive but not significant effect in the short term. Simultaneously, the three expenditure sectors have a significant effect on both development indicators with a strong coefficient of determination value, namely above 75%. This finding emphasizes the importance of balanced budget allocation between the social and physical sectors to encourage inclusive and sustainable regional development.
Innovation technology mediates marketing strategy on the marketing performance of MSMEs Daulay, Raihanah
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1398

Abstract

The purpose of this study is to determine the appropriate marketing strategy to improve the performance of MSMEs supported by innovative technology in implementing efficient and effective strategies. This study involved 100 respondents who are MSME actors in Medan City who have been running their businesses for more than one year, using a purposive sampling technique. The research method used is a quantitative method with data analysis using path analysis through the PLS4 application. The test results show that marketing strategy has a significant effect on marketing performance, marketing strategy has a significant effect on innovative technology, and innovative technology has a significant effect on marketing performance. In addition, innovative technology plays a mediating variable in the relationship between marketing strategy and marketing performance of MSMEs in Medan City. The implications of this study indicate that MSMEs need to improve the competitiveness of their products and businesses to be able to optimally seize market opportunities.
Integrating garch, markowitz mean–variance, and lstm for risk, volatility, and portfolio analysis of four major Indonesian banking stocks 2015 – 2024 Hutapea, Risca Octaviyani; Sinaga, Gizka Triyunita; Sianturi, Ardicha Appu
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1401

Abstract

This study examines the risk structure, volatility behavior, and optimal portfolio construction of four major banking stocks in Indonesia BBCA, BBRI, BMRI, and BBNI during the 2015–2024 period through the integration of the GARCH(1,1) model, Markowitz Mean–Variance optimization, and Long Short-Term Memory (LSTM)-based forecasting. Daily closing price data is transformed into log returns and tested for stationarity before further analysis. The GARCH estimation results indicate persistent high volatility across all stocks (?+? close to 1), with BBNI and BBRI the most responsive to market shocks, while BBCA remains the most stable stock. Markowitz optimization produces a Minimum Variance portfolio dominated by BBCA, while the Maximum Sharpe portfolio allocates funds entirely to BBCA due to its superior return efficiency. The LSTM is able to represent price trends well, as evidenced by low prediction error values for BBRI and BBNI and accuracy between 58–61 percent. The integration provides a comprehensive analytical framework for understanding changing market risk dynamics and supporting adaptive investment decision-making in the Indonesian banking sector. These findings confirm that the hybrid approach can improve risk mapping while maximizing portfolio performance through a combination of historical information, dynamic volatility, and price trend predictions.
Analysis of the modernity of entrepreneurial attitudes in the success of MSMEs, coffee shops fostered by Medan City Cooperatives Fitriani, Fitriani; Sibuea, Mhd Buhari; Martial, Tri; Sibuea, Faiz Ahmad
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1412

Abstract

Coffee shop MSMEs have an important role in the economy and are a favorite business in Medan City. The purpose of this study is to analyze the level of modernity of entrepreneurial attitudes of coffee shop MSMEs fostered by the Medan City Cooperative Office, analyze the performance of coffee shop MSME success, and analyze the influence of modernity of entrepreneurial attitudes on the success of coffee shop MSMEs fostered by the Medan City Cooperative Office. This study was conducted in Medan City. The sample of this study was all coffee shop MSMEs fostered by the Medan City Cooperative Office with a total sample of 36 coffee shop MSMEs. The collected data will be analyzed qualitatively with Likert scale measurements and SEM-PLS. The results show that the level of modernity of entrepreneurial attitudes has a total average score of 140.8 with a high category and an average percentage of 78.2%. While the performance of coffee shop MSME success has a total average score of 143.9 with a high category and an average percentage of 79.9%. Furthermore, from the results of the SEM-PLS analysis, it can be seen that there is an influence of the modernity of the entrepreneurial attitudes of coffee shop MSME actors on the success of coffee shop MSMEs.
The role of human resource management on employee performance in the management of Pekalen rafting tourism in Probolinggo Maimunah, Khotijah; Dewi, Amelia Citra; Ikhsan, M Ariel; Hardiyanto, M Feri; Solihin, Ahmad Riadus; Kartikawati, Yeni
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1419

Abstract

This study aims to analyze the role of human resources on employee performance in managing rafting tourism in Probolinggo. The adventure tourism industry, especially rafting tourism, requires optimal human resource management to ensure tourist satisfaction, safety, and business sustainability. This study uses a descriptive qualitative approach with a case study method on Pekalen Rafting tourism in Probolinggo. Data collection techniques were carried out through in-depth interviews, direct observation, and documentation studies with informants consisting of managers, rafting guides, operational staff, and support employees. The results of the study indicate that the role of human resources, including the recruitment process, training and development, and a fair compensation system, has a positive effect on employee performance in managing Pekalen Rafting tourism in Probolinggo. Good employee performance is reflected in the level of operational safety, customer satisfaction, and service efficiency. The conclusion of this study confirms that the role of human resources on employee performance is a key factor in increasing the competitiveness and sustainability of rafting tourism businesses.
Implementation of training programs and their impact on employee competency at PT BRI Persero in Probolinggo Hakim, Lukmanul; Sulusiah, Elok; Hadi, Fais Abdul; Rofiqi, Ainur; Kartikawati, Yeni
Economic: Journal Economic and Business Vol. 5 No. 1 (2026): ECONOMIC: Journal Economic and Business
Publisher : Lembaga Riset Mutiara Akbar (LARISMA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56495/ejeb.v5i1.1420

Abstract

Human resource development through training is a strategic investment to strengthen the competitiveness of banking companies. PT Bank Rakyat Indonesia (Persero) Tbk in Probolinggo implements various training programs to improve employee capabilities in responding to the increasingly competitive developments in the banking industry. The successful implementation of training programs is a crucial factor in achieving optimal employee competency improvement, thus requiring a comprehensive evaluation of the implementation process and the results obtained. This study aims to analyze the implementation of training programs conducted by PT Bank Rakyat Indonesia (Persero) Tbk in Probolinggo and evaluate the impact of these training programs on employee competency. This study uses a quantitative approach with descriptive methods to obtain a comprehensive picture of the phenomena that are the focus of the study. Data collection was conducted through review and analysis of various relevant written sources. The results show that the implementation of training programs at PT Bank Rakyat Indonesia (Persero) Tbk Probolinggo is carried out in a structured manner through several stages, namely identifying training needs, planning, implementation, and evaluation. The training program includes improving technical competency in the banking sector, developing managerial capabilities, and strengthening soft skills tailored to individual and organizational needs.