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Journal of Sustainable Economic and Business
Published by ARE Publisher
ISSN : -     EISSN : 30630207     DOI : 10.xxxxxx/joseb
Core Subject : Economy, Science, Education, Agriculture, Social,
Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences
Journal of Sustainable Economic and Business (JOSEB) is a double-blind review journal focused on empirical research that provides novelty of the research with the latest issues and contributions to the scientific research. The scope of the journal will focus on Strategic Management (Strategic Marketing, Strategic Human Resources, Strategic Finances, Strategic Operations) and Green Management (Green Marketing, Green Finance, Green Human Resources, Green Operations)
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 71 Documents
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Analysis of Sustainable Marketing Dimensions on Purchase Intention: Social, Environmental, Economic, and Cultural Responsibility (A Study of Prospective Electric Vehicle Consumers in Jakarta) Kusuma, Aldo Esa; Kasmo, Arief Bowo Prayoga
Journal of Sustainable Economic and Business Vol. 3 No. 1 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i1.330

Abstract

Objectives: Electric vehicles have been promoted as a sustainable transportation solution; however, consumer purchase intention in Jakarta remains relatively low, indicating a gap between sustainability policies and actual consumer behavior. This study aims to analyze the effect of sustainable marketing dimensions—social, environmental, economic, and cultural responsibility—on prospective consumers’ intention to purchase electric vehicles. Methodology: This research adopts a quantitative approach using a survey method. Data were collected through an online questionnaire from 217 respondents selected using purposive sampling, consisting of prospective EV consumers aged 20–40 years, residing in Jakarta, and familiar with electric vehicles. The collected data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with SmartPLS 4.1.14 to examine the direct effects of sustainable marketing dimensions on purchase intention. Findings: The results indicate that social, environmental, economic, and cultural responsibility all have a positive and significant effect on purchase intention. Economic and environmental responsibility exert the strongest influence, while social and cultural responsibility also positively contribute by fostering moral attachment, trust, and alignment with societal norms. Conclusion: Purchase intention toward electric vehicles in Jakarta is shaped by multiple dimensions of sustainable marketing. Effective strategies to encourage adoption should integrate economic, environmental, social, and cultural initiatives to enhance perceived value, trust, and cultural alignment. This highlights the importance of a holistic sustainable marketing approach rather than focusing solely on incentives or technical features. Keywords: Sustainable marketing; Social responsibility; Environmental responsibility; Economic responsibility; Purchase intention.
Choosing Organic Food: Planned Behavior Factors, Health Consciousness, eWOM, and Selective Gender Moderation Shafira, Elsa; Imaningsih, Erna Sofriana
Journal of Sustainable Economic and Business Vol. 3 No. 1 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i1.344

Abstract

Organic food purchase intention is shaped by attitude, subjective norm, perceived behavioral control, health consciousness, and electronic word of mouth, making it important to test these key determinants together and assess whether the relationships vary by gender. Objectives: This study examines the effects of planned behavior factors (attitude, subjective norm, perceived behavioral control), health consciousness, and electronic word of mouth on organic food purchase intention and tests gender as a moderating variable. Methodology: A quantitative survey was conducted using non-probability purposive sampling, involving 243 respondents. The data were analyzed with Partial Least Squares Structural Equation Modeling (PLS-SEM) and gender differences were examined using Multi Group Analysis (MGA). Finding: The results show that attitude, subjective norm, perceived behavioral control, health consciousness, and eWOM positively and significantly influenced purchase intention. Multi Group Analysis confirmed selective gender moderation on the effects of perceived behavioral control and health consciousness, while gender differences were not significant for attitude, subjective norm, and eWOM. Conclusion: Organic food purchase intention is driven by behavioral, health, and online information factors, with gender differences appearing only in perceived behavioral control and health consciousness pathways. Keywords: purchase intention on organic food; theory of planned behavior; health consciousness; electronic word of mouth; gender as moderation
Optimizing Preventive Maintenance for DC Battery Back-Up Systems in Gas Turbine Compressors Gunadi, Gunadi; Nugroho, Rosalendro Eddy
Journal of Sustainable Economic and Business Vol. 3 No. 1 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i1.347

Abstract

Objectives: In general, the objective of this Capstone Project is to formulate an optimal preventive maintenance strategy for the DC Battery Backup Control System to support the operational sustainability of Gas Turbine Compressors in the oil and gas sector. Findings: Unit shutdown on July 21, 2024, triggered by a main power supply failure (220 VAC). The battery VRLA (Valve Regulated Lead Acid) type, with a constant load of 10A, the battery should be able to support the load without a 220 Vac power supply for 8 to 10 hours. However, in practice, it can only sustain the load for less than 5 minutes.   Methodology: This study employs a mixed-methods approach, integrating both qualitative and quantitative data. Qualitative data were collected through interviews involving managers, supervisors, and technicians, as well as direct field observations. Quantitative data were obtained from daily operational reports and historical analyzer records. The problem analysis strategy was conducted using a Fishbone Diagram and the 5-Why analysis tool to systematically identify root causes. Conclusion: Based on field observations and technical analysis, battery capacity degradation from its original specification was identified, resulting in the failure of the DC backup battery to sustain the load during the loss of the 220 VAC main power supply. The Fishbone Analysis and 5-Why approach further revealed that human factors played a significant role in contributing to the failure. Based on these findings, corrective actions were implemented, including battery replacement and improvement of the maintenance strategy. Final testing demonstrated a significant improvement in system reliability, with the batteries capable of supporting the control load stably in accordance with operational requirements. 
Determinants of Firm Value in Indonesia’s Coal Industry: ESG, Capital Structure, Commodity Prices Rusdi, Elman Junizar; Sihombing, Pardomuan
Journal of Sustainable Economic and Business Vol. 3 No. 1 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i1.350

Abstract

Objectives: This study aims to examine the effect of Environmental, Social, and Governance (ESG) disclosure, capital structure, and coal commodity prices on firm value in coal mining companies listed on the Indonesia Stock Exchange during the 2022–2024 period. Methodology: The research employs a quantitative approach with a causal design using panel data from 19 companies and 57 observations. The data are analyzed through panel data regression using the Random Effect Model. Findings: The results indicate that ESG disclosure and coal commodity prices do not have a significant effect on firm value, whereas capital structure shows a positive and significant influence. These findings suggest that the market responds more strongly to internal financing policies than to sustainability information or external commodity price fluctuations. Conclusion: The study concludes that optimizing capital structure is a primary factor in enhancing firm value, while ESG implementation needs to be aligned with financial performance to gain stronger market recognition.
Exploring Employee Status Change as a Career Shock: Leadership and Motivation Affect on Employee Engagement Murtomo, Tomi; Arijanto, Agus
Journal of Sustainable Economic and Business Vol. 3 No. 1 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i1.364

Abstract

Objectives: This study aims to examine the impact of transformational leadership and public service motivation on employee engagement among KPK employees following the disruptive event of transitioning employment status to civil state apparatus. Methodology: A quantitative causal associative study with a sample of 301 people from 1.157 KPK employees affected by the employment status change and who were still working at KPK at the time of the research. Data was obtained from Google Form questionnaire distributed via e-mail to respondents. Quantitative analysis used Partial Least Square and causal relationships were explored using Structural Equation Modeling (SEM) through the SmartPLS version 4 application. Finding: The transition of employment status as a positive valenced career shock most strongly influences employee engagement. Transformational leadership does not significantly affect employee engagement. However, its influence on employee engagement becomes more effective and significant when moderated by career shock. Meanwhile, the significant influence of public service motivation on employee engagement is not affected by the moderation of career shock. Conclusion: This study demonstrates that transformational leadership does not always significantly influence employee engagement, particularly in public institutions, but intervention from other variables is required to enhance its effectiveness.
Risk Management, Green Finance, CSR, and Digital Transformation Effects on Financial Sustainability in KBMI Banks Jims, Michael; Sihombing, Pardomuan
Journal of Sustainable Economic and Business Vol. 3 No. 1 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i1.369

Abstract

Objectives: This study investigates whether risk management, green finance, corporate social responsibility, and digital transformation explain financial sustainability among Indonesian commercial banks in core-capital bank groups 3–4 (KBMI 3–4). Methodology: Using a balanced panel of 13 listed banks over 2022–2024 (39 bank-year observations), we estimate a panel regression under a random-effects specification selected via Chow, Hausman, and Lagrange Multiplier tests. Financial sustainability is proxied by the net interest margin ratio, while the explanatory variables are proxied by the non-performing loan ratio, green investment ratio, corporate social responsibility expenditure ratio, and a digital transformation index. Finding: The findings demonstrate that green finance significantly enhances financial sustainability among KBMI 3 and 4 banks during 2022-2024. Meanwhile, risk management, corporate social responsibility, and digital transformation do not exhibit significant short-term effects on net interest margins. Therefore, banks should prioritize credible green financing portfolios while maintaining strict credit quality, and investors must evaluate sustainability signals beyond short-term margin impacts. Conclusion: Research on SMEs in Indonesia increasingly emphasizes external shocks and digital transformation strategies. The evidence suggests that digital technology adoption combined with innovation, supported by training and enabling policies is essential to strengthen SMEs’ competitiveness and long-term sustainability in Indonesia.
How Work–Life Balance and Resilience Influence Working Mothers’ Psychological Well-Being through Organizational Flexibility Deviyeni, Putri; Iqbal, M. Ali
Journal of Sustainable Economic and Business Vol. 3 No. 1 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i1.380

Abstract

Objectives: This study examines the influence of work–life balance and resilience on the psychological well-being of working mothers, with organizational flexibility positioned as a mediating variable. The research addresses the challenges faced by working mothers in managing dual roles and the limited empirical studies integrating these variables within a single framework in the Indonesian context. Methodology: A quantitative research design was employed using a survey method. Data were collected from 120 working mothers at Company X through an online questionnaire. The instruments measured psychological well-being, work–life balance, resilience, and organizational flexibility using validated Likert-scale measures. Data analysis was conducted using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with SmartPLS 4.1.1.6, including measurement model evaluation, structural model testing, and mediation analysis through bootstrapping. Finding: The results indicate that work–life balance and resilience have positive and significant effects on psychological well-being. Both variables also significantly influence organizational flexibility. Furthermore, organizational flexibility partially mediates the relationship between work–life balance and psychological well-being, as well as between resilience and psychological well-being. Conclusion: This study shows that the psychological well-being of working mothers is positively influenced by work–life balance and resilience, and reinforced by organizational flexibility as a mediator between personal factors and workplace support. Therefore, organizational support through adaptive and family-friendly work policies is important in maintaining the mental health of working mothers.
The Influence of Perceived Benefits, Trust, Service Quality, Price Perception, and Sustainable Consumption Behavior on Customer Satisfaction and Repurchase Intention Wahyuni, Sri; Sihite, Janfry
Journal of Sustainable Economic and Business Vol. 3 No. 2 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i2.323

Abstract

This study aims to analyze the influence of service quality, trust, price perception, sustainable consumption behavior, and perceived benefits on customer satisfaction and repurchase intention among Islamic life insurance customers. The primary issue addressed in this study concerns how these factors shape customer satisfaction and repurchase loyalty in the insurance industry. This research employs a quantitative approach using Structural Equation Modeling–Partial Least Squares (SEM-PLS) with data analysis conducted through SmartPLS software. The findings indicate that service quality, trust, and price perception have a positive and significant effect on customer satisfaction. Perceived benefits have a positive effect at the 10% significance level, while sustainable consumption behavior shows a significant but negative effect on customer satisfaction. Furthermore, customer satisfaction has a positive and highly significant effect on repurchase intention. These findings confirm that customer satisfaction plays a central role in building customer loyalty. Therefore, improving service quality, strengthening trust, and ensuring fair price perception represent key strategic priorities in enhancing customers’ repurchase intention in Islamic life insurance services.
Determinants of Hybrid Car Purchasing Decisions: The Role of Price, Promotion, and People in Toyota Consumers Gustiyani, Ajeng Restu; Nurmahdi , Adi
Journal of Sustainable Economic and Business Vol. 3 No. 2 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i2.348

Abstract

Objectives: This study aims to analyze the influence of price, promotion, and people on purchasing decisions of Toyota hybrid cars at PT Astrido Jaya Mobilindo Karawang. The research focuses on understanding the role of key marketing mix elements in shaping consumer purchasing behavior in the hybrid automotive market. Methodology: This research employs a quantitative approach using a survey method. Data were collected through structured questionnaires distributed to 225 Toyota hybrid car consumers. The data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with the assistance of SmartPLS 3.2.9 to examine the relationships between variables. Findings: The results indicate that price, promotion, and people have a positive and significant effect on purchasing decisions. These findings suggest that competitive pricing, effective promotional strategies, and the quality of human resources play an important role in encouraging consumers to purchase hybrid vehicles. Conclusion: The study concludes that marketing mix elements, particularly price, promotion, and people, are key determinants of purchasing decisions in the hybrid automotive sector. Therefore, automotive companies are encouraged to strengthen their pricing strategies, promotional activities, and service quality to enhance consumer purchasing decisions.
Competitive Advantage as a Pathway to International Measurement Reporting Verification Standards Bakti, Muhammad Agung Indra; Widayati, Catur
Journal of Sustainable Economic and Business Vol. 3 No. 2 (2026): Journal of Sustainable Economic and Business (JOSEB)
Publisher : ARE Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70550/joseb.v3i2.367

Abstract

Objectives: This study examines how green marketing strategy and industry positioning influence the implementation of international Measurement, Reporting, and Verification (MRV) standards in the aviation industry of Timor-Leste, with competitive advantage as a mediating variable. The research addresses the limited empirical understanding of how strategic orientations translate into substantive environmental compliance in developing aviation markets. Methodology: A quantitative correlational design was applied using Partial Least Squares Structural Equation Modeling. Data were collected through structured questionnaires from 110 purposively selected aviation stakeholders and analyzed to test direct and indirect relationships among variables. Findings: Green marketing strategy does not significantly affect competitive advantage or MRV implementation. Industry positioning does not directly influence MRV standards but significantly strengthens competitive advantage. Competitive advantage positively and significantly affects MRV standards and fully mediates the relationship between positioning and MRV implementation. Conclusion: The results indicate that MRV adoption in developing aviation industries depends more on internal competitive capability and operational readiness than on sustainability communication alone. Positioning contributes to compliance only when it generates tangible competitive advantage. These findings highlight the need to reframe MRV as a strategic instrument of competitiveness rather than merely a regulatory obligation.

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