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Journal of Economics and Economic Policy
Published by Antis Publisher
ISSN : -     EISSN : 30474892     DOI : https://doi.org/10.61796/ijecep.v1i3
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
The Journal of Economics and Economic Policy is a monthly publication at the forefront of economic scholarship, offering a diverse and comprehensive exploration of contemporary economic issues. With a commitment to excellence, the journal provides a platform for leading economists, researchers, and academics worldwide to share their innovative insights and cutting-edge research findings. Rigorously peer-reviewed, each issue covers a broad spectrum of economic disciplines, including macroeconomics, microeconomics, econometrics, international economics, and financial economics. The journals global perspective fosters an inclusive dialogue, addressing the interconnected challenges and opportunities facing economies across the world. Emphasizing a timely publication schedule, the International Journal of Economics ensures that readers stay informed about the latest advancements and policy implications, making it an indispensable resource for scholars, policymakers, and practitioners navigating the complexities of the ever-evolving economic landscape.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 186 Documents
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S-COMMERCE AND DIGITAL MARKETING TRANSFORMATION THROUGH TIKTOK PLATFORM Yuliani, Fitria; Sri Dwi Fajarini; Juliana Kurniawati
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.73

Abstract

Objective: Nowadays, people view TikTok not just as an entertainment medium, but as a key platform driving the growth of S-Commerce. Through TikTok, people can easily market, promote, and buy goods. TikTok has also become a very promising platform for business and marketing by business actors. Method: This study uses a qualitative approach with literature review analysis, utilizing secondary data from articles, books, journals, and research reports. Researchers analyze TikTok’s role in S-Commerce by observing interactions related to marketing, purchases, promotions, and user-generated references, structuring findings into a systematic framework. Results: S-Commerce through the TikTok platform shows a form of digital marketing transformation where there is a change in the form of marketing which is not only centered on sellers in marketing and promoting products through buying and selling platforms but collaborates with users. Novelty: TikTok enables social media and e-commerce activities to be combined in one platform with the efficiency and convenience it offers.
THE EFFECTIVENESS OF LEADERSHIP STYLE, WORKLOAD, AND TURNOVER INTENTION ON HIGH AND LOW EMPLOYEE PERFORMANCE Angnessianti, Irma Puspita; Musoli, Musoli
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.74

Abstract

Objective: The study aims to (1) test the effect of leadership style and workload on turnover intention and (2) test the effect of leadership style, workload, and turnover intention on employee performance. Method: This study was quantitative using primary data obtained through questionnaires. The sample of the study was all employees of PT. Pos Indonesia KCU (Branch Office) Yogyakarta, totaling 50 respondents. The sampling technique was census sampling on all employees of PT. Pos Indonesia KCU Yogyakarta. Results: It can be concluded that leadership style has a positive and significant effect on turnover intention, workload has a positive and significant effect on turnover intention, turnover intention has a significant and positive effect on employee performance, leadership style has a positive and significant effect on employee performance, and workload has a positive and significant effect on employee performance. Turnover intention can mediate the effect of leadership style and workload on employee performance. Novelty: The equation of this study with previous research lies in several variables measured, namely leadership style, workload, turnover intention, and employee performance, while the difference lies in the subjects and objects studied and based on the literature search that the researchers conducted, no similar research titles have been found that were studied at the Large Post Office in Yogyakarta.
PROFITABILITY RATIO ANALYSIS AT PKU MUHAMMADIYAH BANTUL HOSPITAL Monica, Mega; Safitri, Teti Anggita
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.75

Abstract

Objective: The focus of this research is the profitability ratio at PKU Muhammadiyah Bantul Hospital in 2021–2023. Method: This research was conducted quantitative descriptively using financial ratio analysis. The data used comes from company financial reports taken from PKU Muhammadiyah Bantul Hospital. Results: The research results show that the profitability ratio, which consists of NPM (Net Profit Margin) fell from 0.1097 to 0.0691, ROE (Return On Equity) fell from 0.2140 to 0.0875, and ROA (Return On Assets) fell from 0.2835 to 0.0878. This decline shows that the company's performance declined during that period. Novelty: This condition is caused by various factors, including changes in demand patterns for health services, or increases in operational costs that are not offset by equivalent revenue growth.
THE INFLUENCE OF GOOD CORPORATE GOVERNANCE (GCG) AND PROFITABILITY ON COMPANY VALUE Nuha , Hasna; Rusmawati, Zeni; Sari, Tyasha Ayu Melynda
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.76

Abstract

Objective: This study aims to test the effect of independent variables on the dependent variable. The independent variables used in this study are Good Corporate Governance (GCG) and Profitability, and the dependent variable is Company Value. Method: The method used in this study is a quantitative method. The population in this study was 32 technology companies listed on the Indonesia Stock Exchange (IDX) in 2021-2023. The sampling technique used in this study was the purposive sampling technique and obtained a sample of 27 companies during the 2021-2023 period with a total sample of 81 financial reports. Hypothesis testing in this study used multiple linear regression analysis with the help of Statistical Package for the Social Sciences (SPSS) version 25 software. Results: In the results of this study, there were extreme data that caused the data to not be normally distributed, so it was necessary to do outlier data. After outlier, the data shows n or the number of samples is 65 from the total initial sample of 81 because 16 of the samples have extreme values or values that are very different from other data so they must be removed from the sample, because by removing data from the sample, the data can return to normal. The results of the study indicate that Good Corporate Governance (GCG) and Profitability do not affect the value of the company. Novelty: This study provides insights into the impact of Good Corporate Governance (GCG) and Profitability on Company Value, highlighting the necessity of data preprocessing through outlier removal to achieve normal distribution.
DEVELOPMENT OF ENTREPRENEURSHIP: THE EXPERIENCE OF JAPAN Muazzamxon Mirjalil qizi, Mirjalolova; Alojonovich, Rashidov Rahmatullo
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.77

Abstract

Objective: This study examines the Japanese experience in fostering entrepreneurship, with a specific emphasis on the development of small and medium-sized enterprises (SMEs) through institutional support, innovation ecosystems, and favorable financial and fiscal policies. Method: The research employs a qualitative comparative analysis of Japan’s entrepreneurship development framework, highlighting key mechanisms such as public-private partnerships, targeted financing, and legislative strategies. Results: Findings reveal that Japan’s comprehensive support for SMEs has significantly contributed to economic diversification, employment generation, and export growth. The study further translates these insights into actionable recommendations for Uzbekistan, including expanding access to long-term credit, introducing enhanced fiscal incentives, promoting startup incubation, and integrating entrepreneurship education into the national curriculum. Novelty: The article presents a contextualized adaptation of Japan’s integrated entrepreneurial model for Uzbekistan, offering a strategic framework to stimulate innovation-driven growth and competitiveness. This cross-national analysis contributes to the discourse on institutional entrepreneurship support in emerging economies.
QUALITY CONTROL DUE TO DAMAGED RETURNED GOODS AT THE CHANGHONG WAREHOUSE Putranti, Indah Puspitaning Tyas; Luluk Fauziah
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.79

Abstract

Objective: This research aims to describe quality control related to damage in returned goods, identify quality control implementation using the PDCA (Plan-Do-Check-Act) method. Method: To address these issues, the company implemented strategies such as fishbone diagram analysis and the 5 Why analysis, and developed a Work Instruction (WI) as a standard operating guideline to support comprehensive quality control improvements. Results: The results of the study indicate that the primary causes of damage to returned goods include improper use of hand pallets and an overloaded warehouse, leading to limited and inaccessible storage space. In addition, ineffective communication also contributes to the high number of returned goods. Novelty: The company has obtained ISO 9001 certification, which focuses on quality management systems, as evidence of its commitment to implementing quality control standards. However, in practice, the quality control implementation at this company has not been optimal. This is evident from the high rate of damage in returned goods, which exceeds the annual target limit of 90 cartons out of the total returned items received.
CUSTOMS CLEARANCE PROCESS DISCOVERY OF RED LANE IMPORT GOODS Sulistyarini, Galuh Dwi; Luluk Fauziah
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.80

Abstract

Objective: This research aims to analyze the customs clearance process for the discovery of imported goods in the red lane. Method: This research used a qualitative method with data collection through interviews, observations, and documentation. Results: The results of the study indicate that the customs clearance process for the discovery of imported goods in the red lane is quite complex, which includes an in-depth examination of documents and physical imported goods, verification of the status of the found goods if they are classified as Non-LARTAS must payment SPTNP, while goods included in the LARTAS category then the goods are not allowed to leave by Customs so that the Release of Part of the Imported Goods applies after the issuance of SPPB Notes. Novelty: Customs Clearance is a crucial process in international trade activities, especially imports. This process involves a channeling response from Customs, one of them is the red lane. Where imported goods require further action due to certain risk factors.
BUSINESS FEASIBILITY ANALYSIS OF THE MSMES “SEBLAK KING” Yurofi’ah, Ilma Alfi; Luluk Fauziah
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.81

Abstract

Objective: Indonesia is one of the countries that is a tourist destination because of its culinary richness. The potential for a strong national economic base can be seen from the very large number of MSMEs and their ability to absorb a large workforce. MSME "Seblak King" is one type of culinary business that is currently popular with the public, with products made from kencur, chili, raw crackers, and various other toppings. This study aims to analyze the feasibility of the business of the MSME "Seblak King" located in Krajan Village, Purwoharjo District, Banyumas Regency, based on five aspects of feasibility, namely finance. Method: The research method used is descriptive qualitative with data collection techniques through observation, interviews and documentation. Results: The results of the study indicate that the “Seblak King” business is feasible to run and develop. From the financial aspect, a positive Payback Period value is obtained, a decent Return on Investment, Net Present Value, Profitability Index and Internal Rate of Return have positive values ​​or the business is feasible to be developed and run. Based on the overall analysis, the “Seblak King” MSMES is declared feasible to run and has promising business prospects. Novelty: The feasibility of the “Seblak King” MSME business is assessed through a comprehensive approach that integrates five main aspects—namely market and marketing, technical and operational, human resources, legal, and financial—in a comprehensive and practical manner.
RISK ANALYSIS OF SINGLE STOCKS AND PORTFOLIOS IN LQ45 INDEX Astuti, Tri Heni; Pramuditha Dwi Anggraini
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.82

Abstract

Objective:  This study aims to measure and compare the Value at Risk (VaR) between single stocks and a portfolio within the LQ45 index using the Variance-Covariance method. Method: Daily closing prices of three companies—PT Bank Rakyat Indonesia (BBRI), PT Bank Central Asia (BBCA), and PT Astra International (ASII)—from January to October 2024 were analyzed. The Kolmogorov-Smirnov test confirmed the normal distribution of returns, validating the use of the Variance-Covariance approach. Risk for individual stocks was calculated using standard deviation, while portfolio risk incorporated covariance between asset returns. Results: The results show VaR values of Rp3,057,807 (BBRI), Rp2,243,478 (BBCA), and Rp2,928,485 (ASII) for single stocks, while the combined portfolio had a lower VaR of Rp1,985,061. Novelty: These findings indicate that diversification effectively reduces investment risk. The study provides practical insights for investors aiming to manage potential losses through portfolio construction.
SCIENTIFIC-PRACTICAL APPROACH TO FORMING THE SPATIAL LAYOUT OF ENTERPRISES Rahimberdievich, Ubraimov Shukhratjon
Journal of Economic and Economic Policy Vol. 2 No. 4 (2025): Journal of Economics and Economic Policy
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijecep.v2i4.83

Abstract

Objective: This study aims to develop a scientifically grounded methodology for assessing and managing the economic potential of manufacturing enterprises undergoing structural, technological, and institutional transformations. Method: The research employs the principal component method and correlation-regression analysis to identify key indicators reflecting the structural transformation process. Empirical data from multiple enterprises over five years were analyzed using SPStatistics to construct correlation matrices and reduce variables to the most informative set. Results: Factor analysis revealed that the receivables-to-payables ratio and capital autonomy exert the most significant influence on overall economic potential. These indicators enable enterprise managers to make data-driven decisions, enhance structural efficiency, and improve competitiveness. Novelty: The study introduces an adaptive and comprehensive approach that integrates modern quantitative techniques into a practical framework for evaluating and managing economic potential. This methodology facilitates simplification of complex economic assessments and supports strategic adaptation, including digital transformation, in a dynamic economic environment.

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