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Asian Multidisciplinary Research Journal of Economy and Learning
Published by CV. Arga Farma
ISSN : -     EISSN : 30631424     DOI : -
Core Subject : Economy, Humanities, Education, Social,
Humanities Economics, Econometrics & Finance Education Social Sciences Other
Asian Multidisciplinary Research Journal of Economy and Learning (AMJEL) is a peer-reviewed, open-access journal dedicated to advancing the fields of economy and education through multidisciplinary research. AMJEL provides a platform for scholars, researchers, and practitioners to share innovative ideas, findings, and experiences that contribute to the understanding and improvement of economic and educational practices in Asia. Scope: 1. Economic Theory and Practice: Exploring innovations in economic methodologies, policies, and practices to enhance economic development and learning outcomes. 2. Learning Technologies: Investigating the impact of digital tools, e-learning platforms, and educational software in enhancing economic education and learning experiences. 3. Educational Psychology: Examining learning behaviors, cognitive development, and psychological factors influencing economic education. 4. Comparative Studies: Conducting comparative studies of economic and educational systems, practices, and outcomes across different Asian countries. 5. Higher Education: Researching tertiary education, university administration, and academic performance in higher education institutions, with a focus on economic education. 6. Lifelong Learning: Focusing on adult education, continuing education programs, and professional development opportunities in the economic sector. 7. Inclusive Education: Developing strategies and practices for inclusive economic education, catering to diverse learners, including those with disabilities. 8. Policy and Administration: Analyzing economic and educational policies, leadership, and management in educational institutions. 9. Cultural Influences: Understanding the impact of cultural, social, and economic factors on educational and economic practices and learning outcomes. 10. Language Education: Investigating language acquisition, bilingual education, and language teaching methodologies related to economic learning. 11. Rural Economy and Education: Addressing the challenges and innovations in economic education in rural areas, including access to education, quality of education, and rural-urban educational and economic disparities.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 36 Documents
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Determinants of Intrinsic Value in Plantation Companies: An Analysis of Palm Oil Productivity, Firm Size, and Financial Performance on Indonesia Stock Exchange: English Rina Sitepu, Dewinta; Fachrudin, Khaira Amalia; Bulan Siregar, Narumondang
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 1 No. 6 (2024): December 2024
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/yy9p8k06

Abstract

The palm oil industry is a cornerstone of Indonesia’s economy, contributing significantly to GDP, exports, and employment. As the largest global palm oil producer, Indonesia supports a vast international market but faces challenges related to productivity and sustainability. This study investigates the influence of productivity, firm size, profitability, liquidity, and leverage on the intrinsic value of plantation companies listed on the Indonesia Stock Exchange (IDX) from 2018–2022. Employing a quantitative methodology, panel data regression analysis was applied to a sample of 14 companies, selected through purposive sampling, representing a focused yet representative subset of the population. Intrinsic value was calculated using the Free Cash Flow to Firm (FCFF) model under the Discounted Cash Flow (DCF) approach. The findings reveal that firm size significantly enhances intrinsic value, indicating that larger firms benefit from economies of scale and better access to financing. However, productivity, profitability, liquidity, and leverage, while positively correlated, show statistically insignificant effects, suggesting that external factors such as global commodity price volatility and inefficiencies in financial management may play a role. This study underscores the critical role of firm size in driving intrinsic value while calling for further exploration of external factors impacting the palm oil sector. The results offer valuable insights for investors and policymakers in fostering financial performance and sustainable industry growth.
Analyzing the Impact of Work-Life Balance, Creativity, and Job Stress on Employee Performance: The Mediating Role of Problem-Solving: English Wiharni Az Lubis, Rizki; Siahaan, Elisabet; Sinulingga, Sukaria
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 1 No. 6 (2024): December 2024
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/wv55fk71

Abstract

This study aims to analyze the influence of work-life balance, creativity, and job stress on employee performance, with problem-solving as a mediating variable. The research was conducted on employees of PT. Bank Mandiri (Persero), Tbk, Unit CRC West Region I Sumatera 1, using a quantitative approach with the Structural Equation Modeling (SEM) method. Data were collected through questionnaires distributed to 160 respondents and analyzed using SmartPLS software. The results show that work-life balance and creativity have a positive and significant effect on employee performance, both directly and through problem-solving. Conversely, job stress has a significant adverse effect on employee performance, also mediated by problem-solving. The problem-solving variable plays an important role in bridging the relationship between work-life balance, creativity, and job stress with employee performance. This research provides practical implications for organizations to improve work-life balance, creativity, and employees' problem-solving abilities through flexible work policies, innovation training, and stress management programs. By focusing on the development of problem-solving skills, organizations can mitigate the effects of job stress and support employees in achieving optimal performance.
Analysis of Determinants in the Development of the Medan-Binjai Elevated Railway and Its Contribution to Regional Development: English Purba, Werdayani Br; Nasution, Zulkifli; Lubis, Satia Negara
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 1 (2025): January 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/w4z68x41

Abstract

The development of the Medan-Binjai elevated railway is a strategic initiative aimed at enhancing mass transportation efficiency, reducing traffic congestion, and supporting regional development in Medan City. This study identifies key factors influencing the project's success and evaluates its contributions to regional growth. Using quantitative methods, including factor analysis and descriptive statistical evaluations, data were collected through surveys and interviews with 40 respondents comprising government officials, transportation experts, railway operators, and economic stakeholders. The findings reveal that environmental factors (48.57%) and planning human resources (21.14%) are the dominant determinants. Environmental factors emphasize the importance of reducing congestion and promoting eco-friendly transportation, while human resource factors highlight the role of competent planners. System, technology, and funding factors also support the project's success. The project has significant social, economic, and environmental impacts, such as improved accessibility, new employment opportunities, and reduced carbon emissions. Aligned with the Regional Spatial Plan (RTRW) 2010–2030, this project enhances connectivity within the Mebidangro metropolitan area and serves as a model for sustainable infrastructure development in Indonesia. Recommendations include strengthening stakeholder collaboration, promoting multimodal integration, and conducting further studies to evaluate the project's long-term impacts after its operation.
Adaptive Strategies for MSME Sustainability in Infrastructure-Affected Zones: A SWOT–SEM Analysis in Perbaungan, Indonesia: English Anshar; Lubis, Satia Negara; Sabrina, T
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 6 (2025): June 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/bwa8pg42

Abstract

Major infrastructure developments, such as toll road construction, can significantly alter local economic dynamics by shifting accessibility patterns and consumer mobility. This study explores the sustainability of Micro, Small, and Medium Enterprises (MSMEs) in Pasar Bengkel, Perbaungan District, North Sumatra, following the diversion of traffic due to the Medan–Tebing Tinggi toll road segment of the Trans-Sumatra Highway. Employing an integrated quantitative–strategic approach, the research combines Structural Equation Modeling (SEM) with SWOT analysis to assess the effects of transportation infrastructure (X1), government policy (X2), and adaptive capacity (X3) on MSME sustainability (Y). The SEM results demonstrate that adaptive capacity exerts the most substantial influence on sustainability (β = 0.784, p < 0.001), followed by government policy support (β = 0.330, p = 0.007), whereas transportation infrastructure presents a non-significant effect (β = 0.136, p = 0.202). The structural model explains 68.7% of the variance in MSME sustainability (R² = 0.687). Complementing this, SWOT analysis places MSMEs in Quadrant II (WO strategy), reflecting high external opportunities—such as digital transformation, e-commerce access, and rest area integration—paired with internal challenges, including limited digital skills and disrupted foot traffic. These findings underscore the pivotal role of firm-level adaptability and targeted policy mechanisms in fostering resilience. The study contributes to the discourse on place-based regional planning by proposing actionable, evidence-based strategies that align infrastructure interventions with inclusive, sustainable local economic development.
Strategic Revitalization of Cultural Landscapes through Heritage Tourism: A Case Study of Desa Sibandang, North Tapanuli Regency: English Simanungkalit, Theodora M; Dwi Lindarto; Revida, Erika; Charloq
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 6 (2025): June 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/7xkgn886

Abstract

Desa Sibandang, situated along the eastern edge of Lake Toba in North Tapanuli, Indonesia, possesses rich cultural and historical assets, including traditional Batak architecture, ceremonial stone structures, and intangible heritage such as ulos weaving. Despite being designated part of the Lake Toba Super Priority Tourism Destination (DPSP), the village has yet to realize its full potential as a sustainable heritage tourism destination. This study explores strategic revitalization opportunities by identifying internal strengths, weaknesses, and external environmental dynamics through a qualitative descriptive approach. Data were collected via 15 semi-structured interviews, field observations, and analysis of planning and policy documents. The study employed a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis followed by a TOWS matrix to formulate actionable strategies. Findings indicate a favorable internal environment (IFE score: 2.92) and a strong external opportunity landscape (EFE score: 3.02), supporting an aggressive development strategy. Key challenges include inadequate infrastructure, weak tourism governance, and limited community capacity. Strategic directions proposed include digital heritage promotion, infrastructure enhancement, cultural interpretation training, and inclusive local governance mechanisms. This research contributes to heritage tourism planning by offering a replicable framework for integrating cultural preservation with community-based tourism development. It also emphasizes the importance of ethical, participatory planning in safeguarding the cultural integrity of heritage-rich rural villages.
Emphasizing Digital Governance and Development Empowering Rural Transformation through Village Information Systems (SID): Evidence from Aceh Tamiang, Indonesia: English Vaneysha, Vini; Lubis, Satia Negara; Taufiq, Muhammad
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 7 (2025): July 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/15822g76

Abstract

This study investigates the role of the Village Information System (Sistem Informasi Desa/SID) in accelerating rural development by examining the influence of three critical supporting factors: human resources, infrastructure, and IT services. Focusing on Kota Kualasimpang Subdistrict in Aceh Tamiang, Indonesia, the research adopts a quantitative approach involving 99 respondents selected from five villages through accidental sampling. Data were collected via structured questionnaires and analyzed using descriptive statistics, validity and reliability testing, classical assumption diagnostics, and multiple linear regression. The findings reveal that all three factors—human resources, infrastructure, and IT services—significantly and positively impact the acceleration of rural development. Among these, IT services exhibit the most substantial influence, highlighting the strategic importance of technological readiness in local governance. The study underscores the vital role of digital infrastructure and capacity building in promoting effective and inclusive village-level development, particularly in autonomous regions such as Aceh. The results offer empirical insights for policymakers and practitioners aiming to optimize SID implementation as a transformative tool for sustainable rural advancement.
Enhancing Regional Growth through Thematic Tourism Packages: A Case Study from Tapanuli Tengah Regency, Indonesia.: English Maulana, Utama Graha; Agus Purwoko; Lindawati
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 7 (2025): July 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/2gy1d226

Abstract

This research investigates the potential for regional development through thematic tourism packages in Tapanuli Tengah Regency, Indonesia. Employing a mixed-methods approach that combines qualitative descriptive analysis with quantitative tools such as SWOT and the Tourism Object and Attraction Evaluation Guidelines (ODTWA), the study assesses four tourist destinations: Makam Papan Tinggi, Kalimantung Island, Sipitu-pitu Waterfall, and Aek Bottar Waterfall. The findings reveal that Makam Papan Tinggi and Kalimantung Island are highly suitable for development, while the other two require infrastructure upgrades, particularly in terms of access and lodging facilities. The Strengths-Opportunities (SO) strategy emerges as the most effective option for fostering sustainable tourism, highlighting the importance of local community engagement and supportive public policies. The study concludes that a well-coordinated tourism package can boost regional revenue and improve community well-being, offering a scalable model for other regions with rich but underdeveloped tourism assets.
The Effect of Ethanol Extract of Mobe Leaves (Artocarpus lacucha Buch-Ham.) on Caspase-3 Expression in Liver Tissue Rats Induced by Carbon Tetrachloride: English Lubis, Meiva Amelia; Indah Pertiwi; Damayanti
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 7 (2025): July 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/nvgf9h70

Abstract

Carbon tetrachloride (CCl₄) is a commonly used hepatotoxic agent to induce liver injury via oxidative stress and the activation of hepatocyte apoptosis. One hallmark of apoptosis is the increased expression of Caspase-3, a key executor enzyme in the programmed cell death pathway. The ethanol extract of Mobe leaves (Artocarpus lacucha Buch-Ham.) is known to contain bioactive compounds such as flavonoids and triterpenoids, which have demonstrated hepatoprotective potential. This study investigates the hepatoprotective effects of ethanol extract of Mobe leaves (EEML) on Caspase-3 expression in the liver tissues of rats induced by carbon tetrachloride. This experimental study utilized 30 male rats randomly assigned into six groups. The negative control group received CCl₄ - and CMC-Na 1%, while the positive control group received silymarin and CCl₄. Four treatment groups received oral doses of EEML at 50, 100, 200, and 400 mg/kg body weight for 15 days with CCl₄ induction. Caspase-3 expression in liver tissue was analyzed using the immunohistochemistry (IHC) method and quantified based on the number of positively stained cells across five microscopic fields. The results showed a significant reduction in Caspase-3 expression (p<0.05) in the EEML-treated groups compared to the negative control, with the 400 mg/kg dose achieving an effect comparable to silymarin. These findings suggest that EEML possesses hepatoprotective properties through apoptosis inhibition, evidenced by decreased Caspase-3 expression in CCl₄ injured liver tissue.
Intersections of Inflammatory Bowel Disease (IBD) and Non‑Alcoholic Fatty Liver Disease (NAFLD): A PRISMA‑ScR Guided Scoping Review Lubis, Mhd Asrul
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 12 (2025): December 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/v6pn3r03

Abstract

Inflammatory bowel disease (IBD) and non-alcoholic fatty liver disease (NAFLD) are two chronic conditions with increasing global prevalence, both associated with systemic inflammation, metabolic dysfunction, and alterations of the gut–liver axis. Recent evidence highlights a bidirectional relationship, where IBD patients show higher prevalence of NAFLD, while NAFLD is increasingly recognized as a comorbidity influencing IBD outcomes. Despite these intersections, the extent of overlap, shared mechanisms, and therapeutic implications have not been comprehensively mapped. This scoping review aimed to summarize the available literature addressing the interplay between IBD and NAFLD, with a focus on epidemiology, mechanisms, and therapeutic strategies. A systematic search was conducted across PubMed, Embase, Scopus, and Web of Science from 2015 to June 2025. Eligible studies included randomized controlled trials, observational cohorts, cross-sectional analyses, and translational research that evaluated the coexistence of IBD and NAFLD, shared pathophysiological mechanisms, or interventional approaches. Study selection followed PRISMA-ScR guidelines. Data were charted into evidence tables and synthesized narratively and with evidence mapping. Thirty studies were included: 15 focusing primarily on IBD with NAFLD relevance, and 15 addressing NAFLD with implications for IBD. Key findings demonstrated consistent associations between IBD and increased NAFLD prevalence, with obesity and metabolic syndrome as major risk enhancers. Shared mechanisms included microbial dysbiosis, bile acid metabolism, and proinflammatory cytokine pathways. Interventions such as probiotics, synbiotics, fecal microbiota transplantation, and metabolic agents (GLP-1 receptor agonists, SGLT2 inhibitors) showed cross-disease benefits, though evidence remains heterogeneous and largely preclinical or early-phase clinical. IBD and NAFLD represent overlapping inflammatory-metabolic conditions with significant clinical impact. Current evidence supports integrated management and early screening, yet robust interventional trials targeting both conditions are lacking. Future research should prioritize longitudinal and therapeutic studies to clarify causal pathways and optimize care.
The Role of Social Support in the Prevention and Recovery of Post-Traumatic Stress Disorder (PTSD) in Vulnerable Populations Following Natural Disasters: A Systematic Review and Meta-Synthesis of Empirical Studies. Alita, Putri
Asian Multidisciplinary Research Journal of Economy and Learning Vol. 2 No. 12 (2025): December 2025
Publisher : CV. ARGA FARMA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70471/ga28rs36

Abstract

This study aims to conduct a systematic review and meta-synthesis on the role of social support in the prevention and recovery of post-traumatic stress disorder (PTSD) in vulnerable populations following natural disasters. Natural disasters can cause profound psychological impacts, particularly among vulnerable groups such as children, women, and the elderly. Social support has been shown to be an effective protective factor in reducing PTSD symptoms and accelerating psychological recovery post-disaster. This review includes 18 empirical studies published between 2000 and 2025, employing various research methods, including quantitative, qualitative, and mixed methods. The findings indicate that emotional support from family, friends, and communities plays a significant role in reducing PTSD symptoms, while social support-based therapies, such as group play therapy, have also proven effective, especially for children affected by disasters. However, despite the effectiveness of social support, significant challenges remain, including limited access to mental health services and stigma surrounding mental health issues in disaster-affected areas. This study recommends strengthening community-based social support systems and further research on the long-term impacts of social support in PTSD recovery.

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