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Contact Name
Mochamad Nashrullah
Contact Email
Nashrul.id@gmail.com
Phone
+6285745063538
Journal Mail Official
admin@antispublisher.com
Editorial Address
Kavling Banar, Pilang, Sidoarjo, Jawa Timur
Location
Kab. sidoarjo,
Jawa timur
INDONESIA
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,
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.
Articles 186 Documents
THE ROLE OF TRANSFORMATIVE LEADERSHIP IN PROMOTING JOB SATISFACTION IN BASRA OIL ENTERPRISES Alsadoon, Abdulrazak Amer Adnan
Journal of Economic and Economic Policy Vol. 1 No. 4 (2024): 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.v1i4.47

Abstract

Objective: This study examines the impact of transformative leadership on job satisfaction among employees in Basra's oil industry, focusing on the Rumaila and Zubair oil fields.To explore how leadership dimensions—Inspirational Motivation, Individualized Consideration, Intellectual Stimulation, and Idealized Influence—individually and collectively influence employee job satisfaction. Method: A descriptive correlational design was employed, with data collected via a structured questionnaire from 250 respondents (91% response rate) selected through random sampling. The 25-item questionnaire used a 5-point Likert scale to measure leadership practices and job satisfaction. Data were analyzed using SPSS, including descriptive statistics, Pearson correlation, and multiple regression analysis. Results: Significant positive correlations were identified between all leadership dimensions and job satisfaction, with Idealized Influence showing the strongest impact (r = 0.67, β = 0.32, p < 0.01). The model explained 55% of the variance in job satisfaction, highlighting the substantial role of transformative leadership. Novelty: This study fills a gap in understanding the relationship between transformative leadership and job satisfaction within the oil sector in Iraq, emphasizing the need for leadership development programs to foster employee well-being in challenging industrial environments. These findings offer valuable insights for policymakers and managers aiming to enhance organizational outcomes through effective leadership.
THE EFFECT OF OPERATIONAL AUDIT AND INTERNAL CONTROL ON PERFORMANCE Basannang , Siti Mariani; Darmayanti, Novi; Lestari, Tri
Journal of Economic and Economic Policy Vol. 1 No. 4 (2024): 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.v1i4.48

Abstract

This study aims to examine the influence of operational audits and internal control on company performance, focusing on UD. Cipta Karya Abadi in Lamongan Regency. Objective: The research explores both the individual and combined effects of these factors on company performance. Methods: Utilizing a quantitative approach, data was collected through questionnaires distributed to 38 employees selected using the Slovin formula and convenience sampling. The analysis employed multiple linear regression, supported by validity, reliability, and classical assumption tests, with a significance level of 5%. Results: The findings reveal that operational audits and internal control collectively have a significant positive impact on company performance. Individually, operational audits positively and significantly affect company performance, while internal control does not exhibit a significant individual effect. Novelty: This research highlights the critical role of operational audits in driving company performance and underscores the limited individual impact of internal control, suggesting areas for managerial improvement. The study contributes to understanding how specific internal mechanisms enhance operational efficiency and overall organizational outcomes
FACTORS AFFECTING STUDENTS INTEREST IN BECOMING PUBLIC ACCOUNTANTS Lande, Adriani; Irawan , Mohamad Rizal Nur; Syaikhudin, Ahmad Yani
Journal of Economic and Economic Policy Vol. 1 No. 4 (2024): 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.v1i4.49

Abstract

This study aims to examine the influence of labor market considerations, financial rewards, and professional risks on accounting students' interest in pursuing a career as public accountants at the Islamic University of Darul Ulum Lamongan and STIE Cendekia Bojonegoro. Methods: The research employed a quantitative associative approach, using a saturated sampling technique, with a sample of 71 final-year accounting students. Data were collected through questionnaires and analyzed using multiple linear regression with SPSS Version 25. Results: The findings reveal that labor market considerations, financial rewards, and professional risks each have a significant positive effect on students' interest in becoming public accountants, with t-test results indicating strong statistical support for all three variables. Simultaneously, these factors collectively influence students' career interests, highlighting their complementary role in shaping aspirations. Novelty: This study underscores the significance of professional risks as a motivating factor, demonstrating that perceived risks, when associated with high potential rewards, can positively influence career decisions. This insight provides a nuanced understanding of the factors driving career preferences among accounting students in Indonesia, with implications for educational institutions and professional organizations aiming to enhance interest in the public accounting profession.
CAPITAL STRUCTURE, FIRM SIZE, AND EFFECTIVE TAX RATE ON THE FINANCIAL PERFORMANCE OF AUTOMOTIVE SUBSECTOR COMPANIES Nurasik; Ningdiyah, Endra Wahyu; Abidin, Fitiyan Izzah Noor
Journal of Economic and Economic Policy Vol. 1 No. 4 (2024): 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.v1i4.50

Abstract

General Background: Financial performance is a crucial indicator of a company's success and sustainability, particularly in competitive industries such as the automotive subsector. Various factors, including capital structure, firm size, and effective tax rate, are considered significant determinants of financial performance. Specific Background: In the context of the automotive subsector, these factors have garnered considerable attention due to the industry's capital-intensive nature and its exposure to dynamic market conditions. However, existing research often overlooks the combined impact of these variables within this specific sector. Knowledge Gap: Limited studies have comprehensively examined the influence of capital structure, firm size, and effective tax rate on the financial performance of automotive subsector companies, particularly during the period 2020-2023, characterized by global economic uncertainty. Aims: This study aims to analyze the effects of capital structure, firm size, and effective tax rate on the financial performance of automotive subsector companies in Indonesia. Results: Using a quantitative approach and multiple linear regression analysis on data from 12 purposively sampled companies during the 2020-2023 period, the findings reveal that all three variables—capital structure, firm size, and effective tax rate—significantly influence financial performance. Novelty: The study provides fresh insights into the interrelation of these financial determinants within the automotive subsector, highlighting their unique impact during a period of global economic flux. Implications: These findings offer valuable implications for corporate management and policymakers in designing strategies to enhance financial performance, emphasizing the need for optimal capital structuring, scaling strategies, and effective tax planning. Further research could explore longitudinal impacts and sectoral comparisons to deepen understanding of these dynamics.
INVESTMENT STRATEGY, BUSINESS CAPITAL AND INCOME AGAINST RECESSION RISK THROUGH GOVERNMENT REGULATIONS IN THE CONTEXT OF ACHIEVING SDG'S NO. 9 Supardi; Sriyono; Lisa, Oyong
Journal of Economic and Economic Policy Vol. 1 No. 4 (2024): 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.v1i4.51

Abstract

Objective: This study examines the relationship between investment methodology, working capital, and income in the context of recessionary uncertainty. It specifically explores the role of government regulations in advancing Sustainable Development Goal (SDG) No. 9, focusing on industrial innovation, infrastructure, and resilience. Method: The investigation employs an explanatory and scientific approach, integrating theoretical and empirical analysis to assess the interactions between investment strategies, working capital, income, and government regulations during economic downturns. Data are analyzed to evaluate the mediating effects of government regulation on these variables.  Results:  The findings indicate that investment strategies targeting critical infrastructure foster durable economic expansion, enhancing resilience during recessions. Flexible working capital management mitigates market instability risks. The results reveal that investment strategies and income significantly influence government regulation, while enterprise capital does not. Additionally, investment strategies and venture capital impact recession risks indirectly through government regulation, which also mediates the influence of income on recession risk.  Novelty: This study uniquely highlights the mediating role of government regulation in linking income and recession risk, as well as its impact on investment strategies and venture capital. By aligning these insights with SDG No. 9, it contributes to the broader understanding of how economic policies and private sector strategies can collaboratively enhance resilience during economic downturns.
DEVELOPMENT OF SMALL BUSINESSES BASED ON DIVERSIFICATION Feruza Rustambek qizi, Rustambekova
Journal of Economic and Economic Policy Vol. 2 No. 1 (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.v2i1.53

Abstract

Objective: This study investigates the strategic role of diversification in enhancing the development and sustainability of small businesses, specifically in Uzbekistan's transitional economy. Method: A mixed-methods approach was employed, combining a literature review, statistical analysis, interviews with 15 small business owners, and a comparative evaluation of diversified versus non-diversified businesses. Secondary data from government and international sources were also analyzed. Results: The research found that small businesses engaging in diversification experienced significant improvements in financial and operational metrics: a 70% increase in income, 75% growth in customer base, and a 140% rise in employment. Novelty: This study contributes new insights into the impact of diversification on small businesses in transitional economies, offering practical recommendations for policymakers to foster innovation, competitiveness, and long-term growth by supporting diversified small enterprises.
EMPOWERING STRATEGIES OF SMES IN WEST AFRICA BY THE ISLAMIC DEVELOPMENT BANK FOR SUSTAINABLE DEVELOPMENT AND POVERTY REDUCTION Sackor, Muhammed
Journal of Economic and Economic Policy Vol. 2 No. 1 (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.v2i1.54

Abstract

Objective: This study examines the challenges and competitiveness of small and medium-sized enterprises (SMEs) in West Africa, focusing on the funding support provided by the Islamic Development Bank (IsDB) to address critical socio-economic issues such as poverty and unemployment in the region. Method: The research utilizes empirical evidence from previous studies conducted by the World Bank and other multilateral institutions, analyzing key obstacles to the successful implementation and sustainability of SMEs in West African countries. Results: The findings reveal significant challenges that hinder the growth and sustainability of SMEs in the region, including limited access to financing, inadequate infrastructure, and regulatory barriers. However, the support provided by IsDB plays a crucial role in overcoming some of these challenges, promoting the success of SMEs in the region. Novelty: This study contributes new insights into the role of the IsDB in supporting SME growth in West Africa, offering practical recommendations to enhance the success and prosperity of SMEs in the region. The paper emphasizes the importance of addressing structural barriers to ensure the long-term sustainability of SMEs in the context of West Africa's socio-economic challenges.
SYNERGY OF GREEN WORK ENVIRONMENT AND SELF-EFFICACY IN ANSWERING THE BUSINESS TRANSFORMATION OF THE MEDICAL DEVICE INDUSTRY Maulana, Alif; Firdaus, Vera; Puspita, Nindia Wahyu; Aprilia, Rizka Wahyu
Journal of Economic and Economic Policy Vol. 2 No. 1 (2025): Journal of Economics and Economic Policy
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51699/ijecep.v2i1.55

Abstract

Objective: This study aims to find out whether the synergy of green work environment and self-efficacy can answer the business transformation in the medical device industry at PT. Sinaraya Nugraha Ahmadaris Medika. Method: The design of this study is quantitative with a descriptive approach. This study has a population of 166 employees and the sampling technique used is proportional random sampling so that 117 respondents who are employees of PT. Sinaraya Nugraha Ahmadaris Medika. The analysis technique used in this study is multiple linear regression analysis using SPSS version 22 for Windows. Results: The results of this study show that the variables of self-efficacy, green work environment, and work discipline have a positive effect on job satisfaction at PT. Sinaraya Nugraha Ahmadaris Medika. Novelty: This study uniquely integrates the Green Work Environment and Self-Efficacy as key factors influencing Job Satisfaction in the medical device industry. Unlike previous studies, this research utilizes observation, interviews, and questionnaires to provide a comprehensive analysis. Additionally, it highlights the role of work discipline as a moderating factor, offering a new perspective on how environmental sustainability and employee confidence drive business transformation and innovation.
ZAKAT INFAQ ALMS (ZIS) MOVEMENT MODEL AND GREEN ECONOMY: STUDY OF THE ROLE OF LAZISMU EAST JAVA Kusuma, Kumara Adji; Lestari , Indah Dwi; Amelia, Ananda Mety; Wai, Khoong Tai
Journal of Economic and Economic Policy Vol. 2 No. 1 (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.v2i1.56

Abstract

Objective: This study aims to explore the role of Lazismu East Java in supporting the Green Economy through the management of zakat, infaq, and sedekah (ZIS) funds. Method: A qualitative approach is used to analyze the implementation of the ZIS movement model applied by Lazismu and its impact on sustainable development. Results: This study covers Lazismu programs, such as organic farming, waste management, renewable energy, and community economic empowerment. The results of the study indicate that Lazismu East Java has succeeded in integrating ZIS values with green economy principles, which have created positive impacts on both the environment and social welfare. However, this study also identified challenges, such as limited resources and community understanding of the Green Economy concept. Novelty: The ZIS movement model developed by Lazismu has great potential to be replicated by other zakat organizations, provided that there is increased capacity, cross-sector collaboration, and further education on the importance of sustainable development. These findings are expected to provide guidance for zakat institutions in playing a more significant role in supporting the Green Economy in Indonesia.
INTERNATIONAL BUSINESS STRATEGY FOR ISLAMIC BANKING INDUSTRY IN INDONESIA: AN ANALYSIS FOR EXPANSION Kusuma, Kumara Adji; Rosyihin, Farih Ayu Mukhoirotin Sirojul Umma; Maharani, Febi Putri; Yulianto, Mochamad Rizal; Wai, Khoong Tai
Journal of Economic and Economic Policy Vol. 2 No. 1 (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.v2i1.57

Abstract

Objective: The Indonesian Islamic banking industry holds tremendous potential for growth, driven by factors like the large Muslim population, government support, increasing economic activity, and growing demand for ethical and Sharia-compliant financial products. In its implementation of course there are challenges, but with the right strategies, Indonesia’s Islamic banking sector could emerge as a leader not only in the Southeast Asian region but also on the global stage. This study will be covering the environments where an Islamic bank would survive, grow and develop itself, including examining on the current situation of the Islamic banking industry in Indonesia: its strength, weakness, opportunities and threats internally and externally. Method: This study uses a qualitative method with primary and secondary data collection. This research approach uses a case study of Indonesian Islamic banks. Results: The result of the analysis will be used to build up a structure, let’s say a methodology, a mechanism or a framework which allows an Islamic bank in Indonesia to mapping out and measure the feasibility of its enterprise in the targeted country as new area of market and create a step by step strategy for the bank to strengthen its basis in the new market. This will help the Indonesian Islamic financial institution especially Islamic banks in opening up the expansion possibilities in a certain country in the world. Novelty: This will help the Indonesian Islamic financial institution especially Islamic banks in opening up the expansion possibilities in a certain country in the world.