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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 68 Documents
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The Trinity of Village Transform How Capacity, Participation, and Institutions Shape Development Policy Implementation in Indonesia Kustiyaman; Triyuni Soemartono; Pandji Sukmana; Gatot Hery Djatmika
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.v4i1.271

Abstract

Indonesia's ambitious village governance reform, anchored by Law No. 6 of 2014 and disbursing over IDR 609 trillion in village funds, aims to transform rural communities into self-reliant entities. Yet, significant variation in implementation outcomes persists, even within the same regency. This study investigates how institutional capacity, participatory processes, and collaborative dynamics interact to shape the success of village development policy implementation. Employing a qualitative multi-site case study design, the research examines four villages in Sumedang Regency, West Java, purposively selected to represent the spectrum of development statuses: self-reliant (swasembada), developing (swakarya), and underdeveloped (swadaya). Data were collected through in-depth interviews with 13 informants, participatory observation, and document analysis. The findings reveal that implementation success is not determined by any single factor but by the synergistic interaction of three dimensions, forming a "trinity of village transformation." Villages achieving self-reliant status demonstrate high institutional capacity, quality participatory processes, and robust collaborative dynamics. Trust emerges as a pivotal mediating mechanism, distinguishing virtuous cycles of transformation from vicious cycles of stagnation. Facilitative leadership can compensate for formal capacity limitations. The study concludes by proposing a "Collaborative Implementation Model" that integrates Grindle's (1980) policy implementation framework with Ansell and Gash's (2008) collaborative governance theory, offering both theoretical contributions and practical recommendations for strengthening village development policy.
The Influence of Tiktok Influencers and Social Media on Impulsive Buying on Skintific Wahyu Fitriyansyah; Puti Kayimani Josika
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.v4i1.175

Abstract

This study aims to analyze the influence of TikTok Influencers and social media on consumers' impulsive buying behavior regarding Skintific products. TikTok has evolved into an e-commerce platform through the TikTok Shop feature, leveraging influencer-based marketing strategies. Influencers with high credibility can influence consumers' purchasing decisions through engaging content and persuasive promotions. Additionally, the increasing use of social media plays a role in shaping impulsive shopping behavior, particularly among young generations. This research employs a quantitative method with purposive sampling techniques on 300 respondents who have purchased Skintific products after seeing promotions on TikTok. The regression analysis results show that TikTok Influencers and social media significantly affect impulsive buying, although their contribution is only 13.1%. This indicates that other more dominant factors influence consumers' impulsive buying behavior.
Capital Structure and Risk Management in Enhancing Financial Performance: The Moderating Role of CSR in Indonesian Banking Sector Aliyah Fadhilah; Luky Afriliyana; Mardiyani; Nurhana Dhea
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.v4i1.184

Abstract

The banking sector constitutes a foundational pillar in maintaining economic stability, yet its financial performance continues to face persistent challenges arising from internal capital management and exposure to credit risk. This study seeks to evaluate the extent to which financial soundness, reflected through capital strength and loan quality, influences profitability, and whether socially oriented initiatives condition these relationships. Employing a quantitative approach, the analysis draws upon firm-level data from Indonesian commercial banks over a four-year period, utilizing regression-based techniques to examine both direct effects and interactive influences. The results indicate that capital strength does not exert a statistically significant impact on profitability, and socially oriented programs do not moderate this relationship. Conversely, such programs are found to intensify the adverse effect of poor loan quality on financial performance, suggesting that, in the absence of strategic alignment, social initiatives may exacerbate financial pressures. This study contributes a novel perspective by reconceptualizing socially driven programs as conditional financial variables rather than solely reputational tools. The findings imply that policy and managerial decisions must integrate social objectives with prudent risk oversight to enhance sustainable banking performance.
The Effect of Influencer Marketing, Social Media Engagement, and Product Knowledge on Brand Awareness in Tiktok Shop Sujoko, Sujoko; Febriyani, Febriyani; Hartadi, Agung
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.v4i1.228

Abstract

This study aims to determine the effect of influencer marketing, social media engagement, and product knowledge on brand awareness in TikTok Shop. This study uses primary data with a data collection method through distributing questionnaires that have been tested for validity and reliability. The sample consists of 96 respondents, selected with purposive sampling. This study employs a quantitative descriptive method. The data analysis conducted in this study was a classical assumption test, multiple linear regression analysis and hypothesis testing with the Statistical Program for Social Science (SPSS) tool. The results of the data analysis showed that influencer marketing, social media engagement, and product knowledge together had an effect on brand awareness. Partially, influencer marketing and product knowledge have a significant positive effect on brand awareness, which means that the more effective the influencer marketing provided by business actors, the higher the product knowledge received by consumers, so that it can increase brand awareness. However, social media engagement has no effect on brand awareness. And the coefficient of determination or r-square with a value of 0.473 means that the variables influencer marketing, social media engagement, and product knowledge have an effect on the brand awareness variable on Tiktok Shop by 47.3% while the remaining 52.7% is influenced by other factors not observed in this study.
Analysis of the Application of Good Agricultural Practices (GAP) and the Factors Influencing It Among Independent Oil Palm Smallholders in Aceh Tamiang Regency Nabila, Tasya; Iskandar, Elvira; Hakim, Lukman
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.v4i1.223

Abstract

The implementation of Good Agricultural Practices (GAP) is a crucial component in meeting the sustainability standards for Indonesian Sustainable Palm Oil (ISPO) certification, which is mandatory for all oil palm industry players, including independent smallholders. As one of the regions with the largest oil palm plantations in Aceh, Aceh Tamiang Regency still faces challenges in GAP implementation due to low technical knowledge, weak institutional support, and limited access to information. This study aims to analyze the factors influencing farmers' perceptions of GAP, as well as identify the obstacles and the actual conditions of its implementation at the smallholder level. The research employed a quantitative method with a survey approach, involving 144 farmers from 18 farmer groups selected through Multistage Quota Sampling. Primary data were collected using a Likert-scale questionnaire and interviews, while secondary data were obtained from relevant institutional documents and scientific literature. The results indicate that farmer characteristics (β = 0.358), institutional support (β = 0.373), and access to information (β = 0.375) have a significant influence on farmers' perceptions of GAP. The main obstacles to GAP implementation include limited technical capacity, insufficient mentoring, and uneven access to information.
Multi-Level Post-Training Evaluation Framework for Management Development Programs at PT Garuda Maintenance Facility Aero Asia Tbk Zhilaal, Muhammad Rafly Zinedine; Palupi, Majang
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.v4i1.274

Abstract

Leadership development programs in safety-critical industries require robust evaluation mechanisms to demonstrate organizational value, yet most organizations confine assessment to Level 1 satisfaction surveys. This study investigates post-training evaluation practices for management development programs at PT Garuda Maintenance Facility (GMF) Aero Asia Tbk, Indonesia's premier aviation Maintenance, Repair, and Overhaul (MRO) provider, and develops a comprehensive evaluation framework grounded in the Kirkpatrick-Phillips model. Employing a qualitative descriptive-analytical approach within a design and development research paradigm, the study analyzed 638 module-level evaluation responses and 584 qualitative participant comments across three programs: the Operational Leadership Program (OLP), MRO Management, and MRO Finance. Thematic analysis, content analysis of training syllabi, and descriptive quantitative analysis were integrated through methodological triangulation. Findings reveal that GMF's evaluation is uniformly confined to Level 1 reaction measurement, producing consistently high satisfaction scores while Levels 2 through 5 remain entirely absent, a pattern termed the evaluation ceiling paradox. The study proposes an integrated ADDIE-Kirkpatrick-Phillips framework encompassing enhanced reaction surveys, pre-test and post-test instruments, 360-degree behavioral assessments, results tracking templates, and ROI calculation guidelines, differentiated by program type and contextualized for the MRO industry and Indonesian BUMN governance setting. The framework is designed for phased 24-month implementation leveraging existing technology infrastructure.
The Influence of Transformational Leadership and Organizational Culture on Employee Job Satisfaction and Work Productivity at PT. Asuransi Jiwa Sinarmas MSIG Life Cab. Lombok Nensi Anggraini; Abdul Azis Bagis; I Nyoman Nugraha
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.v4i1.231

Abstract

This study aims to analyze the influence of transformational leadership and organizational culture on employee productivity, with job satisfaction serving as a mediating variable at PT. Asuransi Jiwa Sinarmas Msig Life Cab. Lombok. The research employed a quantitative approach with an associative causal design using a survey method, in which data were collected through the distribution of questionnaires to all respondents comprising the research population of 56 employees. The research instruments covered the variables of transformational leadership, organizational culture, employee productivity, and job satisfaction, each measured using several indicators that were tested for validity and reliability. Data analysis was conducted using SmartPLS 3.0 to examine both direct and indirect relationships among variables. The results indicate that transformational leadership and organizational culture have a positive and significant effect on employee productivity. Furthermore, transformational leadership and organizational culture also exert a positive and significant influence on job satisfaction. Job satisfaction, in turn, has a positive and significant effect on employee productivity. In addition, job satisfaction significantly and positively mediates the relationship between transformational leadership and organizational culture and employee productivity. The coefficient of determination demonstrates that employee productivity is strongly explained by the variables examined in this study.
The Influences of Transformational Leadership Style and Work Environment on Organizational Citizenship Behavior with Employee Engagement as a Mediating Variable among Non-ASN Employees at the Rectorate of University of Mataram Slamet Rahadian Cahyadi; Sri Wahyulina; Santy Nururly
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.v4i1.236

Abstract

This study aims to analyze the influence of transformational leadership style and work environment on Organizational Citizenship Behavior (OCB), with employee engagement as a mediating variable, among Non-Civil Servant Employees (Non-ASN) at the Rectorate of University of Mataram. A quantitative research approach was employed using a survey method involving 100 respondents, and the data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The results indicate that the transformational leadership style did not have a significant direct influence on OCB. Conversely, the work environment had a positive and significant influence on OCB. Furthermore, both transformational leadership style and work environment were found to have a positive and significant influence on employee engagement. In addition, employee engagement had a positive and significant influence on OCB. The findings also reveal that employee engagement significantly mediated the relationship between transformational leadership style and work environment on OCB. These results suggest that employee engagement plays a crucial role in linking leadership practices and workplace conditions with organizational citizenship behavior. Overall, this study highlights that improving OCB among Non-ASN employees at the Rectorate of University of Mataram is not solely determined by leadership style and work environment directly, but also through the strategic role of employee engagement. The findings are expected to provide theoretical contributions and practical implications for human resource management in the higher education sector of University of Mataram.
The Effect of Work Discipline and Workload on Employee Performance Moderated by Civil Apparatus Performance Allowances at the West Nusa Tenggara Natural Resource Conservation Center Susanty; Mukmin Suryatni; Siti Nurmayanti
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.v4i1.243

Abstract

This study aims to analyze the influence of work discipline and workload on employee performance, as well as to examine the role of performance allowances as a moderating variable at the West Nusa Tenggara Natural Resources Conservation Center (BKSDA NTB). The study used a quantitative approach with a causal design. The research sample consisted of 78 employees determined by saturated sampling technique. Data were collected through questionnaires and analyzed using the Partial Least Square Structural Equation Modeling (PLS-SEM) method. The results showed that work discipline had a positive and significant effect on employee performance, indicating that compliance with rules, regular attendance, and work responsibilities consistently improve employee performance. Conversely, workload had a negative and significant effect on performance, indicating that excessive task demands can reduce employee effectiveness and performance. Further findings revealed that performance allowances moderated the effect of work discipline on performance, thus increasing allowances strengthened the positive impact of discipline. Furthermore, performance allowances moderated the effect of workload on performance, indicating that adequate and fair allowances can mitigate the negative effects of high workloads. Theoretically, this study enriches the literature on factors influencing employee performance, particularly the role of performance allowances as a moderating variable. Practically, the research findings can serve as a basis for the NTB BKSDA in formulating policies to improve discipline, manage workload, and implement more effective and equitable performance allowance mechanisms.
The Effect of Capital Adequacy Ratio, Loan to Deposit Ratio, Exchange Rate, and Gross Domestic Product on Non-Performing Loans with Inflation as a Moderating Variable in National Private Banks in Indonesia Lutfiyanti; Lalu Hamdani Husman; Siti Aisyah Hidayati
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.v4i1.247

Abstract

This study aims to analyze the effect of Capital Adequacy Ratio (CAR), Loan to Deposit Ratio (LDR), exchange rate, and Gross Domestic Product (GDP) on Non-Performing Loans (NPL) with inflation as a moderating variable in national private banks in Indonesia. This study uses a quantitative approach with panel data for the 2019–2023 period. The research sample consisted of 38 national private banks selected using purposive sampling technique. The analytical method used is panel data regression with Random Effect Model (REM) and Moderated Regression Analysis (MRA). The results show that CAR and LDR have a positive and significant effect on NPL, the exchange rate has a negative and significant effect on NPL, while GDP has no significant effect on NPL. Inflation is unable to moderate the influence of CAR, LDR, and exchange rate on NPL, but is proven to moderate the relationship between GDP and NPL. This research provides important implications for banking management and policy makers in maintaining the stability of the banking sector.

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