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Danadyaksa: Post Modern Economy Journal
Published by Yayasan Pendidikan Islam Bustanul Ulum Mojokerto
ISSN : -     EISSN : 30258545     DOI : https://dx.doi.org/10.69965/DPMEJ
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Danadyaksa: Post Modern Economy Journal is an open-access, peer-reviewed journal whose objective is to publish original research papers related to the economy, Sharia economy, and business issues. This journal is also dedicated to disseminating the published articles freely for international academicians, researchers, practitioners, regulators, and public societies. The journal welcomes authors from any institutional background and accepts rigorous empirical or theoretical research papers with any methods or approach that is relevant to the Economy, Sharia Economy, and Business Issues content, as long as the research fits one of four salient disciplines: Economy, Sharia Economy, Business, and Accounting. Economics: Development Economics, Public Economics, International Economics, Monetary Economics, Microeconomics, Macroeconomics, Econometrics. Sharia Economics: Sharia Business and Management, Sharia Finance, Sharia Accounting, Sharia Social Finance. Business & Management: Human Resource Management, Strategic Management, Marketing Management, Financial Management, Operations and Knowledge Management, Entrepreneurship, Business Ethics and Sustainability. Accounting: Financial Accounting, Public Sector Accounting, Management Accounting, Accounting Information System, Auditing, Corporate Governance, Sustainability Accounting, Education Accounting.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 172 Documents
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Transformational Leadership and Work Discipline as Determinants of Employee Performance in the Digital Marketing Industry: Evidence from CV. Queensha Media Group Erlando Selsep Gumelar; Siti Maryam
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

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Abstract

The rapid growth of the digital marketing industry requires organizations to strengthen employee performance through effective leadership and organizational discipline in increasingly dynamic, creativity-oriented, and technology-driven work environments. This study aims to analyze the influence of transformational leadership and work discipline on employee performance at CV. Queensha Media Group and examine their explanatory power within the context of the digital marketing industry. This research employed a quantitative associative approach using a saturated sampling technique involving all 120 employees, while data were collected through structured questionnaires and analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The measurement model demonstrated satisfactory validity and reliability, whereas the structural model produced a substantial explanatory power (R² = 0.819). The findings reveal that transformational leadership has a positive and significant effect on employee performance (β = 0.512; t = 5.728; p < 0.001), followed by work discipline (β = 0.461; t = 5.063; p < 0.001), indicating that transformational leadership is the more dominant determinant. These findings suggest that inspirational leadership is particularly effective in project-based, collaborative, and innovation-driven digital marketing organizations, while work discipline supports operational consistency through timely task completion and accountability. The study extends the empirical application of Human Resource Management theory by confirming the complementary roles of motivational leadership and behavioral control in enhancing employee performance and provides practical implications for strengthening leadership development, adaptive work discipline, and project management practices to improve organizational competitiveness in the digital marketing industry.
The Influence of Consumer Reviews, Discounts, Payments Through Digital Banking and Peer Influence on Online Shopping Decisions on the Shopee Platform: on FEBI UIN Sumatera Utara Students Dina Aulia; Nursantri Yanti; Muhammad Lathief Ilhamy Nasution
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69965/danadyaksa.v4i1.321

Abstract

This study aims to analyze the influence of Consumer Reviews, Discounts, Payments via Digital Banking, and Peer Influence on Purchasing Decisions of FEBI UIN Sumatera Utara students on the Shopee platform. The study used a quantitative approach with the SEM-PLS method through SmartPLS 4 and data obtained from distributing questionnaires to 100 students of the class of 2022. The results showed that all variables had a positive and significant effect on purchasing decisions, both partially and simultaneously, with an R-Square value of 0.809. Payments via Digital Banking were the most dominant factor, followed by Consumer Reviews, Peer Influence, and Discounts. These findings indicate that students' online shopping decisions are influenced by a combination of informational, economic, technological, and social factors within the e-commerce ecosystem
Responding to Monetary Authority Interest Rate Policy: Performance, Financial Risk, and Operational Efficiency Analysis of Commercial Banks Muhammad Faisal; Slamet Muchsin; Afiffudin Afiffudin; Nur Indira Maharani; Denny Rakhmad Widi Ashari
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

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Abstract

Interest rate policy plays an important role in influencing financial risk and bank performance, especially in emerging economies with high economic volatility. The objective of this research is to study how interest rate policy, credit risk, liquidity risk, and bank performance interact with each other in a complex way. This is done by considering both internal and external variables. This research analyzes literature from a number of international empirical studies focusing on developing and developed countries. The data is analyzed to find patterns and relationships between interest rate policy and bank financial risk. The results show that lower interest rates increase credit risk through aggressive loan expansion and lower credit standards. Declining interest rates also increase liquidity risk as depositors' incentives are reduced. In addition, it was found that good capital structure and governance can mitigate the negative effects of interest rate fluctuations on bank performance. This research strengthens the theoretical basis on the role of monetary policy in the banking industry and emphasizes macroprudential regulation and adaptive risk management strategies. Further research is suggested to include negative interest rate policies or global financial markets, but practical implications include the need for policies that support financial stability amid low interest rate challenges.
Analysis of Human Resource Development in Enhancing Employee Performance at PT Securindo Packatama Indonesia WTC Sudirman Area Angga Pratama; Abdurahman; Hira Maulida
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69965/danadyaksa.v4i1.326

Abstract

This study was conducted to analyze human resource development in improving employee performance at PT Securindo Packatama Indonesia Area WTC Sudirman. This study used qualitative methods with a descriptive approach. Data collection techniques included in-depth interviews, observation, and documentation, involving one key informant and four other purposively selected key informants. The results indicate that human resource development at PT Securindo Packatama Indonesia Area WTC Sudirman has been implemented quite well through training, coaching, and supervision programs that have improved employee knowledge, skills, and discipline. However, development related to employee career aspirations and personal goals remains suboptimal. Employee performance is generally quite good, particularly in terms of work results and work behaviors that align with standard operating procedures (SOPs). However, several obstacles affect performance consistency, such as workload, shift work systems, and differences in ability between employees. This study concludes that human resource development plays a crucial role in improving employee performance, necessitating a more sustainable and varied HR development plan.
The Effect of Capital Expenditure, Local Revenue, and Employee Expenditure on Local Government Financial Performance Gina Fadilah; Irwan Sutirman Wahdiat
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69965/danadyaksa.v4i1.329

Abstract

This research investigates the determinants of Financial Performance in District/City Governments in West Java (2021-2024). Using Institutional Theory and a quantitative approach, the study analyzes 99 observations from audited Budget Realization Reports (LRA). The regression model is highly robust 96.7% is the coefficient of determination (R). The results reveal that Locally-Owned Revenue (PAD) has a positive and significant effect and serves as the primary driver of execution. Conversely, Capital Expenditure and Personnel Expenditure exert significant negative pressure, reflecting fiscal rigidities and high maintenance burdens. While PAD is a component of the autonomy ratio, its positive impact reflects genuine managerial capacity in internalizing decentralization pressures. The study recommends prioritizing PAD digitalization and conducting rigorous spending reviews to enhance fiscal efficiency.
The Effect of Risk Management and Company Size on Financial Performance Anisa Fawwaziah; Ida Rosnidah
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69965/danadyaksa.v4i1.330

Abstract

This study, which generated 32 observations, attempts to look at the effects of business size also risk management on financial performance in state-owned banking institutions listed on the IDX (Indonesia Stock Exchange) between 2017 and 2024. Return on Assets (ROA), a financial performance metric, is the investigation's dependent variable, while the independent variables are risk management, which is represented by Non-Performing Loans (NPL), and firm size, which is determined by the natural logarithm of total assets. Multiple linear regression analysis is the method of data analysis employed. The results of the investigation demonstrate that risk management significantly and negatively affects the financial performance of state-owned banks, with a t-value of 4.611 also a significance level of 0.001, meaning that the lower the NPL, the better the financial performance. Conversely, company size was found to have a positive also significant impact on financial performance with a t-value of 7.073 also a significance level of 0.001, confirming the financial intermediation function's economies of scale claim. Simultaneously, with a F value of 52.776 and a coefficient of determination (Adjusted R Square) of 77.0%, risk management and company size have a favorable also substantial effect on financial performance. This study helps to the growth of financial intermediation theory in the context of Indonesian state-owned banks and provides practical implications for state-owned bank management and investors in making strategic decisions related to risk management and business scale optimization to improve financial performance.
The Influence of Financial Literacy and Investment Knowledge on Mutual Fund Investment Interest Among Generation Z with Investment Motivation as a Mediating Variable Risna Widianti; Euis Ajizah; Wahyu Hari Prihantono
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

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Abstract

This study aims to analyze the influence of financia l literacy and investment knowledge on mutual fund investment interest among Generation Z, with investment motivation as a mediating variable. The research employs a quantitative approach using a survey method by distributing questionnaires to 100 Generation Z respondents who are mutual fund investors. The sampling technique used is probability sampling with a simple random sampling method. Data analysis was conducted using Structural Equation Modeling–Partial Least Squares (SEM-PLS) through the SmartPLS application. The results indicate that financial literacy does not have a significant effect on investment interest, but it has a positive and significant effect on investment motivation. Furthermore, investment motivation is proven to have a positive and significant effect on investment interest. Investment knowledge also shows a positive and significant influence on both investment interest and investment motivation. These findings suggest that investment knowledge and investment motivation are important factors in increasing mutual fund investment interest among Generation Z. Therefore, improving investment education and financial literacy is essential to encourage more rational and sustainable investment participation among young people.
The Influence of Social Media Advertising Content on the Number of Leads Through Direct Messages for Excel Products at Edspert Dewi Ramadani; Budi Astuti
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

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Abstract

This study aims to analyze the influence of social media advertising content on the number of Direct Message (DM) leads for Edspert's Excel training product, as well as coordination between the Marketing and Sales teams in approving incoming leads. The research was conducted during an internship program at PT Widya Kreasi Bangsa, an EdTech company specializing in professional competency development through the Edspert.id platform. The method used was a qualitative case study approach. Data collection was conducted through in-depth semi-structured interviews, observation, and documentation. The interviewees included the Performance and Growth Marketing (PGM) team, Edspert's Business Development & Sales team, and Excel training participants as supporting sources. Data validity was tested using source triangulation. The results revealed two main findings. First, the social media advertising content used by Edspert was not fully optimal in encouraging audiences to engage with Direct Messages. This was due to the lack of differentiation in content types tailored to the characteristics of each platform, a content strategy that was not fully relevant to the target audience segment, and limited human resources within the PGM team. Second, there are still gaps in coordination between the Marketing and Sales teams, particularly in the delivery of campaign information, which is not always fully conveyed to the Sales team, leading to miscommunication that impacts lead follow-up. Nevertheless, the overall lead handling process is quite structured, and the quality of incoming leads is considered quite good. This study recommends that Edspert differentiate content based on platform and audience segment, strengthen cross-divisional coordination, and ensure information alignment between the Marketing and Sales teams to improve the effectiveness of digital campaigns and the conversion of leads into training participants.
Analysis of the Role of Tourism Asset Redistribution in Promoting Local Economic Empowerment in the Bangsring Underwater Tourism Area, Banyuwangi M. Aufa Oktavin Ramdani; Adil Siswanto
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

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Abstract

This study analyzes the role of tourism asset redistribution in promoting local economic empowerment in the Bangsring Underwater tourism area, Banyuwangi. The development of community-based tourism in coastal areas has created various economic opportunities for local communities, particularly through the redistribution of tourism-related assets such as business access, employment opportunities, marine resource management, and local entrepreneurship. This research aims to examine how the redistribution of tourism assets contributes to improving community welfare and strengthening local economic resilience. The study employs a qualitative descriptive approach using interviews, observations, and documentation techniques involving local residents, tourism managers, and related stakeholders. The findings indicate that tourism asset redistribution has a significant role in increasing community income, encouraging the growth of micro and small enterprises, expanding employment opportunities, and enhancing community participation in tourism management. However, several challenges remain, including unequal access to resources, limited managerial capacity, and environmental sustainability issues. Therefore, collaborative governance and inclusive tourism management are essential to ensure sustainable local economic empowerment in the Bangsring Underwater tourism area.
Green Human Resource Management, Green Work Engagement, and Ethical Leadership Rahardyani Sekar Negari; Salamah Wahyuni
Danadyaksa: Post Modern Economy Journal Vol. 4 No. 1 (2026): Post Modern Economy Journal
Publisher : Yayasan Pendidikan Islam Bustanul Ulum Mojokerto

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Abstract

This study focuses on batik SMEs in Surakarta, particularly in Laweyan and Kauman, which have adopted sustainable production practices using natural dyes and environmentally friendly materials (Wasita, 2025). However, it remains unclear whether these sustainability values have been fully reflected in employees’ green behavior, even though the success of sustainability policies depends on how well individuals internalize and apply such values in their daily work activities. This study aims to analyze the influence how Green Human Resource Management, Green Work Engagement, and Ethical Leadership can encourage the consistent emergence of Green Behavior among SME actors, in order to bridge the gap between awareness and concrete actions in supporting sustainability. Data collection in this study was conducted through questionnaires, which are instruments consisting of a systematically and clearly designed list of written questions prepared by the researcher to be answered by the respondents. The results revealed that all the hypothesis testing in the research model, when Batik SMEs seek to improve their employees’ green behavior whether formal (in-role), voluntary (extra-role), or innovative (green innovative work behavior) this can be achieved by strengthening ethical leadership, optimizing Green Human Resource Management (GHRM) practices, and enhancing employees’ green work engagement. These findings are demonstrated by the fact that Ethical Leadership, Green Human Resource Management, and Green Work Engagement predominantly have positive and significant effects on various dimensions of employees’ green behavior within the Batik SME environment.

Page 11 of 18 | Total Record : 172

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