Journal Economic Business Innovation
Journal Economic Business Innovation (JEBI) accepts papers/articles in the field of Economics Business Multidisciplinary Innovation as follows: 1. Accounting Innovation Financial Accounting Management Accounting and Information Systems Public Accounting Auditing Islamic Accounting Banking Tax Accounting Cost Accounting Forensic Accounting Governmental Accounting Environmental Accounting International Accounting Nonprofit Accounting Ethics in Accounting Accounting Information Systems Corporate Governance in Accounting Sustainability Accounting Behavioral Accounting Integrated Reporting Financial Statement Analysis 2. Management Innovation Finance Marketing Human Resource and Organization Strategic Management Entrepreneurship Operations Management Supply Chain Management Project Management Change Management Innovation Management Knowledge Management Risk Management Quality Management Performance Management Leadership and Management Development Corporate Social Responsibility (CSR) Diversity and Inclusion Management International Business Management Technology Management Talent Management 3. Multi-Discipline Advanced Innovation The scope includes market analysis, fiscal policy, consumer behavior, financial management, capital market investment, product development, digital economy, entrepreneurship, marketing strategy, international trade, environmental economics, corporate performance, economic development, employment, corporate finance, supply chain management, business innovation, health economics, human resource economics, and organizational behavior. With this diverse focus, the journal aims to be a platform for current research and discussion in economics and business relevant to global and local developments.
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Choosing as a Freelancer: What should Gen Z prepare for?
Putri, Dian;
Arifianto, Chandra
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.95
Purpose: This study aims to explore the factors influencing Generation Z’s decision to pursue a career as freelancers, particularly focusing on student workers. The research seeks to understand the reasons behind their career choices and assess their readiness for freelancing as a career path.Method: The study employs a descriptive quantitative research design, utilizing a survey method. The population consists of 45 respondents working as freelancers at PT Melia Sehat Sejahtera in Jakarta. Data collection was conducted through a questionnaire adapted from the Career Decision-Making Difficulties Questionnaire (CDDQ). The data were analyzed using simple calculations with Likert scoring.Findings: The results indicate that Generation Z prioritizes immediacy in their career decisions, viewing freelancing as a practical solution to current challenges and a personal choice aligned with their individual needs and preferences. The findings highlight the importance of flexibility and independence in their career readiness.Novelty: This study contributes to the limited literature on Generation Z’s career choices, particularly in freelancing, by providing empirical insights into the motivations and readiness of student workers entering the freelance market.Implications: The results have implications for career development programs and policy-makers, offering valuable information for creating strategies that support Generation Z in their transition to freelance careers. Understanding these factors is crucial for developing training and resources to enhance their career preparedness.
Determinants of Tax Regulations Referring to ESG Principles on Company Performance in Indonesia
Silalahi, Heriantonius;
Maulana, Nandi;
Kurnia, Budi
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.99
Purpose: This study examines ESG integration in Indonesia's tax regulations and their impact on financial performance, focusing on green investments.Method: This study uses a qualitative case study method to analyze ESG integration in Indonesia's tax regulations, focusing on policies, carbon tax effectiveness, and emissions disclosure. The research is based on corporate legitimacy and institutional theories to explore the relationship between tax regulations and sustainable practices.Findings: The study's findings reveal significant growth in green investments in Indonesia, largely driven by supportive ESG-oriented tax policies. Despite this progress, challenges such as limited corporate awareness and data availability remain barriers to fully realizing the potential of these policies. The analysis also highlights the importance of these regulations in fostering sustainable business practices, particularly in industries like palm oil that are crucial for addressing climate change.Novelty: This research uniquely examines the impact of ESG-focused tax regulations on green investments and sustainable practices in Indonesia, using corporate legitimacy and institutional theories. It fills a literature gap by exploring how tax regulations drive ESG integration in the business sector of a developing country.Implications: The study has important implications for policymakers, businesses, and stakeholders in Indonesia and similar economies. It shows that ESG-focused tax policies positively impact green investments, suggesting that refining and implementing these policies could strengthen sustainable business practices and support environmental goals. The study also emphasizes the need for greater corporate awareness and better data collection to address challenges and ensure effective ESG integration in the corporate sector.
The Impact of Solvency and Liquidity on Going Concern Audit Opinion
Khusmawati, Devi;
A Sidik, M. Muhayin;
Yuniarti, Evi
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.109
Purpose: This research aims to examine how a company's ability to meet its financial obligations and maintain adequate cash flows influences an auditor's assessment of going concern uncertainty for manufacturers listed on the Indonesia Stock Exchange.Method: A quantitative analysis of secondary data was performed using financial information from 228 randomly selected manufacturing firms traded on the Indonesia Stock Exchange. Logistic regression was used to analyze the effect of solvency metrics and liquidity ratios on going concern audit opinions.Findings: The study uncovered that both decreasing solvency and dwindling liquidity have a statistically significant negative correlation with avoiding a going concern flag. Lower ratios for meeting debt obligations and maintaining cash were associated with a higher likelihood of an auditor expressing doubt about a company's ability to continue as a going concern.Novelty: This research provides new insights into the role of solvency and liquidity in shaping auditors' decisions within the context of manufacturing companies in Indonesia, contributing to the broader literature on financial stability and audit practices in emerging markets.Implications: The study’s findings suggest that companies should prioritize maintaining strong solvency and liquidity positions to avoid receiving going concern audit opinions. For auditors, the research underscores the need to closely monitor these financial metrics when assessing a company’s ability to sustain operations, particularly in emerging economies like Indonesia.
Macroeconomic Drivers of Inflation in Ethiopia: Evidence from ARDL Modelling
Ayal, Betselot;
Bekalu, Kassa;
Ayenalem, Mullugeta
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.125
Purpose: This study identifies the macroeconomic determinants of inflation in Ethiopia from 2012 to 2023, a period marked by reforms and liberalization efforts. Despite these measures, inflation remains a critical challenge impacting Ethiopia's economic stability.Method: Utilizing the ARDL model, this study examines the relationship between inflation and various macroeconomic indicators. Data are drawn from sources such as the National Bank of Ethiopia (NBE), Ethiopian Economic Association (EEA), International Monetary Fund (IMF), and World Bank (WB). The Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) tests are employed to assess data stationarity.Findings: Results indicate that money supply growth, import-to-GDP ratio, budget deficit, and public expenditure have a significant positive effect on inflation in both the long and short term. Conversely, lending interest rates exhibit inflationary effects in the short term but are deflationary in the long term. Additionally, external debt-to-GDP ratio, official exchange rate, and real GDP growth rate demonstrate negative long-term impacts on inflation.Novelty: This research uniquely integrates key macroeconomic variables, analyzing their divergent impacts on inflation across short- and long-term frameworks in Ethiopia's context.Implications: The findings underscore the importance of balanced fiscal and monetary policies to curb inflation, offering critical insights for Ethiopian policymakers aiming to foster economic stability.
Exploring Business Ethics and Social Responsibility in Tourism Organizations Amid Environmental Changes
Isabell, Virginie;
Gregor, Irena
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.132
Purpose: The paper examines the concepts of business ethics and social responsibility in tourism organizations and how these concepts affect their actions and strategies in an era of rapid environmental changes in France. The goal of the study is to investigate the role of ethical operations and social responsibility in organizational performance and sustainability in the tourism industry.Method: A mixed-methods approach including qualitative interviews with key tourism industry leaders and quantitative surveys of employees from different organizations. SmartPLS was used to do Structural Equation Modeling (SEM) analysis, which means that the company included business ethics, social responsibility, managerial behavior, and organizational outcomes in the analysis of statistical significance.Findings: The study finds a positive influence of business ethics on competitive advantage in tourism organizations and an encouraging effect of the practice of social responsibility on customer loyalty. In addition, managerial ethical behavior importantly mediates the connection of organizational culture to employee performance. Impacts of Environmental Changes on Ethical Practices and Organizational Sustainability Relationship.Novelty: This study makes a novel contribution to the field by examining the emerging relationship between business ethics, social responsibility and environmental transformations, specifically in the context of the tourism sector in France. It underscores the importance of ethical leadership and the incorporation of sustainable practices in tourism businesses.Implications: The implications derived from the findings imply that tourism organizations should focus on ethical training, social responsibility in strategies, and sustainability in views of environmental changes for their competitiveness. This information shall be used by the policy makers and leaders of the Industries to prepare more ethical and responsible tourism element
Strategic and Growth Orientation to Improve Performance of B2B SMEs in Emerging Markets
Dell Fereira, Hellen;
Hirvon, Gabriele;
Sanchy, Dwork Sanchy
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.178
Purpose: We do this with offering a study of the influence of strategic orientations, entrepreneurial orientation (EO), Growth orientation (GO), Market orientation (MO), and Brand orientation (BO) on performance of B2B SMEs in forming economies, in this case in Chile, Peru and Moldova. The aim is to explore how these orientations promote innovation and support firm performance.Method: The paper adopts a quantitative methodology using survey data from 300 B2B SMEs sampled from the three nations. Structural Equation Modeling (SEM) was utilized to investigate both direct and indirect relationships, as well as the mediating effect of Brand Orientation on the relationship between strategic orientations and performance.Findings: The findings show that Entrepreneurial Orientation (EO) and Growth Orientation (GO) are significant predictors of Brand Orientation (BO), which leads to better performance in the firms. Market Orientation (MO)1 is the key to integrating company strategies with consumer needs, which in turn bolsters performance. Brand orientation plays a key mediating role within the nexus of strategic orientations and performance.Novelty: This paper adds to the existing literature by presenting the mediating role of Brand Orientation in B2B SMEs of emerging economies. It offers an aligned vision of how distinct strategic orientations interrelate to improve firm performance across heterogeneous market contexts.Implications: The findings suggest B2B SMEs managers in emerging markets ought to build a strong Brand Orientation alongside their Entrepreneurial and Growth Orientations. It is recommended that policymakers enable the provision of supportive environments that nurture entrepreneurial ventures, as well as accessibility to relevant services that propel innovation and responsiveness to markets. This facilitates better efficacy and competitiveness in the international environment.
Exploring the Role of Entrepreneurial Skills Competence and Networks in Enhancing MSME Performance Evidence from a Developing Economy
Nandez, Mechila;
Esayne, Eneolla
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.179
Purpose: The objective of this study is to investigate the nexus of relationship among entrepreneurial skills as well as market orientation and sales orientation with business networks and performance of micro, small and medium enterprises (MSMEs) of a developing economy.Method: We conducted a strong quantitative research design by using structured questionnaires based on established scales to measure the core variable. MSMEs across various sectors in Nigeria were recruited through a purposive sampling method, and the data were analyzed through multiple regression and mediation method, based on the directions of Baron and Kenny 1986.Findings: The results show that entrepreneurial competence, market orientation, sales orientation and business networks had direct and indirect relationships with firm performance. The essential in these entrepreneurial characteristics on the overall performance of MSMEs was mediated by entrepreneurial competence as an important factor. Conclusions: These findings underscore the multidimensional nature of MSME performance and present entrepreneurial competencies as important drivers of firm growth and continuity.Novelty: This study is amongst the first to analyse the mediating role of entrepreneurial competence within the MSME context of a developing country, Nigeria. The research extends knowledge on emerging market entrepreneurial dynamics by integrating multiple environmental perspectives with advanced mediation analysis technique, explaining how why diverse entrepreneurial phenomena work in concert to reward entrepreneurs in emerging markets through business outcomes.Implications: he study highlights implications for managers of MSMEs, policymakers, and researchers, underlining the significant role of entrepreneurial competency improvement in enhancing business performance. It shows that having a skills, market orientation, and strong business network can help the MSMEs that may benefit them grow stiffened in a competitive market.
Community Perception as a Catalyst for Economic Growth and Digital Transformation in BRICS Integration
Anam, Khoirul;
Prayogo, Imam
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.180
Purpose: To investigate the sensitive nature of the interaction of social perception, economic development, and digitization in brics integration situation. As the global power dynamic continues to shift with the rise of international entities such as BRICS, analyzing the impact of public sentiment and economic transformation on technological innovation has become vital for policymakers and business executives alike.Method: The study uses descriptive statistics with advanced SEM analysis performed on responses collected across diverse respondents partial to the four derivatives. A Likert-scale questionnaire that targeted viewpoints on public perception, economic growth, and digital transformation was developed, and the hypothesized associations among these core elements were tested using multiple regression and SEM techniques.Findings: Economic growth is heavily impacted by public perception and economic growth in turn plays a crucial role in shaping digital transformation. Moreover, public perception was identified as a mediator between BRICS integration and economic growth and digital transformation was found to play a moderating role between societal perceptions and economic outcomes.Novelty: This study reveals new insights into how the perceptions of society not only impact the economy but also how the digital transformation is strengthening these effects. The new approach, applying mediation and moderation effects within the theme of BRICS integration which has not been previously utilized in other studies.Implications: This study provides important insights into how societal perception can be shaped for the better and how it contributes to economic growth and technological advancement, offering important implications for policymakers as well as business leaders. Moreover, the findings highlight the key importance of digital transformation as a moderating factor in the economic development process, especially highlighted in emerging markets.
Exploring Non Fungible Tokens in the Digital Economy: Stakeholders, Ecosystem, Risks, and Opportunity
Basry, Mas'ud;
Prayogo, Imam
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.181
Purpose: In this research, we analyze what essentially drives the Non-Fungible Token (NFT) market, namely, NFT adoption, investor participation, content creator, technological infrastructure, market value and speculation.Method: A quantitative research approach was adopted, employing the blockchain transaction data, NFT marketplace indices, and investor behavior analysis. Hypotheses testing and relationships between variables were performed using descriptive and inferential statistical techniques, including regression models.Findings: The results indicate that NFT adoption has a positive effect on market utility and a negative effect on market value. A high level of participation amongst investors correlates with a stable market, whereas speculation causes price fluctuations. The behavior of content creators is considered a driving factor on the market, while technological infrastructure is important to improve efficiency in the market.Novelty: This study is a novel combination of blockchain performance metrics with market value and investor participation. It builds on the existing literature by examining the phenomenon of content creators and technological elements behind market success.Implications: For investors, content creators and platform developers, the findings have practical implications. Strategies based on these insights can help mitigate market risks, enhance market stability, and foster sustainable growth in the NFT ecosystem.
The Influence of Distinctive Capabilities and Adaptive Capabilities on Business Model Adaptation and MSME Performance
adi wibowo, Wahyu;
Anam, Khoirul
Journal Economic Business Innovation Vol. 1 No. 3 (2024): October
Publisher : Inovasi Analisis Data
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DOI: 10.69725/jebi.v1i3.182
Purpose: This study examines the effect of distinctive capabilities and adaptive capabilities to business model adaptation and performance of Micro, Small and Medium Enterprises (MSMEs) in Indonesia.Method: The proposed hypotheses and the relationships between distinctive capabilities, adaptive capability, business model adaptation, and MSME performance were examined using Structural Equation Modeling (SEM) and regression analysis.Findings: The results show that both unique capabilities and adaptive capabilities play a crucial role in the adaptation of business models and the performance of MSMEs. The results prove that adaptive capability acts as a mediator between distinctive capabilities and business model adaptation, as well as between distinctive capabilities and MSME performance. Moreover, the relationship between distinctive capabilities on business model adaptation and MSME performance was moderated by adaptive capacity, indicating that firms with higher adaptive capacity are better placed to utilize their distinctive capabilities to achieve superior performance.Novelty: This paper adds to the dynamic capabilities literature by providing empirical insight into the relationships between distinctive capabilities, adaptive capability, business model adaptation and performance within MSMEs. This research sheds light on MSME success through a new lens of adaptive capacity as a mediator and moderator, providing an avenue for new ground in SME strategic management research particularly in emerging markets.Implications: The research indicates that MSMEs should strengthen their unique capabilities; also, the capabilities for market adaptability will be essential in this context for MSMEs to thrive and recover. Policymakers and practitioners must cultivate innovation, flexibility, and capability-building environments. Further exploration of the long-term impacts of these capabilities and extending the study to different geographical contexts or industries would provide a more in-depth understanding of their implications for business performance.