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Journal of Economics and Management
Published by Lembaga Publikasi Ilmiah Nusantara
ISSN : 29877407     EISSN : 29877407     DOI : https://doi.org/10.70716/ecoma.v2i2
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
Journal of Economics and Management (ECOMA) is a peer-reviewed, open access, and online journal about research, reports, book reviews, and commentaries on all aspects of Economics and Management which is published by Lembaga Publikasi Ilmiah Nusantara or PUBLINE Institute. ECOMA provides open access to anyone so that the information and findings in these articles are useful for everyone. This journal article content can be accessed and downloaded for free, free of charge, following the creative commons license used. However, suppose the data in this article is used as material in article writing or anything else. In that case, you must quote and include the article author name in the item being made.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 106 Documents
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From Agility to Achievement: How Work Agility and Job Crafting Drive Millennial Civil Servants’ Performance Through Learning Agility and Organizational Support Aris Triyono; Tomy Fitrio; Raja Marwan Indra Saputra
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.482

Abstract

This study develops and tests a conceptual model examining the relationships between work agility, job crafting, and the performance of millennial civil servants, incorporating learning agility as a mediator and perceived organizational support as a moderator. A cross-sectional survey was conducted among 137 millennial civil servants in Indragiri Hulu Regency using a 5-point Likert scale questionnaire. Data were analyzed through Partial Least Squares Structural Equation Modeling (PLS-SEM) using SmartPLS 4.1. The results indicate that both work agility and job crafting positively influence performance, with learning agility partially mediating these effects. Additionally, perceived organizational support moderates the relationships between work agility, job crafting, learning agility, and performance. Unlike previous studies that primarily focus on structural or bureaucratic factors, this research emphasizes the unique characteristics and work dynamics of the millennial generation. This study addresses a research gap by integrating work agility, job crafting, learning agility, and perceived organizational support into a single, comprehensive model that has rarely been examined simultaneously among civil servants. Theoretically, the study extends the Job Demands–Resources (JD–R) Theory by demonstrating the mediating role of learning agility and the moderating role of perceived organizational support in strengthening the relationship between job resources and employee performance in a public sector setting. These findings are consistent with the Job Demands–Resources (JD–R) Theory, highlighting the critical role of both individual and organizational resources in enhancing civil servants' performance.
Bridging Green Intellectual Capital and Green Organizational Culture toward Green Performance: A Green Innovation Perspective Ernest Grace; Pungky Eka Ratnasari; Elly Romy; Acai Sudirman
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.483

Abstract

This study investigates the effects of green intellectual capital and green organizational culture on green performance, with green innovation as the mediator variable. Based on the natural resource-based view and knowledge-based theory, a quantitative explanatory methodology is used. Data were collected from the owners and managers of 250 environmentally oriented SMEs employing purposive sampling, which operate their businesses in an environmentally friendly manner. Valid and reliable measurement scales were applied, and the data were analyzed using structural equation modeling (SEM) to examine the direct and indirect effects. The findings reveal that green intellectual capital and green organizational culture positively and directly affect green innovation. In addition, a green organizational culture directly affects green performance. However, green intellectual capital has no direct effect on green performance. Instead, green intellectual capital affects green performance via green innovation. Moreover, green innovation mediates between green intellectual capital and green performance, and between green organizational culture and green performance. This study demonstrates that knowledge about environmentalism and organizational culture should be translated into innovative practice to achieve sustainable outcomes. The study implies that environmentally oriented SMEs should have strong green competence, a high level of environmental knowledge, and an organizational culture that supports innovation. From a practical perspective, it is recommended that owners/managers participate in environmental management training programs, implement green operations, and join the innovation cooperation network. Government policy could be directed to provide green training, green incentives, and technical support. This study expands the literature on the effects of green intellectual capital and green organizational culture on the green performance of environmentally oriented SMEs.
When Agility Meets Engagement: Unveiling The Mechanism Of Employee Performance Enhancement Irawati; Puspa Dewi; Ivalaina Astarina; Tomy Fitrio
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.490

Abstract

This study aims to develop a conceptual model of workforce agility, learning agility, and employee performance in Regional-Owned Enterprises (BUMD) in Indragiri Hulu Regency, with employee engagement as a mediating variable. Previous studies have reported inconsistent findings regarding the effect of workforce agility on employee performance and have generally examined workforce agility and learning agility separately. This study addresses this gap by integrating both constructs into a single model. A cross-sectional survey was conducted using a 5-point Likert-scale questionnaire administered to all employees of BUMD in Indragiri Hulu Regency, resulting in 169 respondents. Data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS 4.1. The results show that workforce agility has no direct effect on employee performance, whereas learning agility does. Employee engagement mediates the relationships between workforce agility, learning agility, and employee performance. The novelty of this study lies in integrating workforce and learning agility with employee engagement as a mediating variable in the BUMD context. The findings extend the Job Demands-Resources Theory and Dynamic Capabilities Framework by highlighting employee engagement as a key mechanism linking agility and performance. Practically, BUMD managers should strengthen employee engagement and continuous learning to improve organizational adaptability and employee performance.
The Influence of Financial Literacy, Financial Inclusion, and Lifestyle on Students’ Consumptive Behavior: The Mediating Role of Lifestyle Muhammad Agusalim; Wahda; Lalu Masyhudi
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.491

Abstract

This study examines the effect of financial literacy and financial inclusion on students’ consumptive behavior, with lifestyle as a mediating variable. A quantitative approach was employed using survey data collected from students receiving BIDIKMISI and KIP-K scholarships at Universitas Terbuka Malang. The data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The results show that financial literacy has a significant negative effect on consumptive behavior, indicating that higher financial knowledge reduces excessive consumption. In contrast, financial inclusion does not have a significant effect. Lifestyle has a significant positive effect on consumptive behavior and partially mediates the relationship between financial literacy and consumptive behavior. However, lifestyle does not mediate the relationship between financial inclusion and consumptive behavior. These findings highlight the importance of strengthening financial literacy and promoting a balanced lifestyle to reduce consumptive behavior among students.
Career Crafting Strategies Developed by Generation Z in Navigating Career Uncertainty: A Multi-Case Study in the Creative Sector: Generation Z faces an existential paradox: Erma Wijayanti; Ruswiati Surya Saputra; Muliati
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.492

Abstract

Career uncertainty has become a structural condition confronting Generation Z within Indonesia's creative sector, marked by high layoff rates, global competition, and technological disruption. Unlike job crafting approaches that focus on modifying tasks within an organization, this study introduces career crafting as a more fundamental process of career construction beyond organizational boundaries. Employing a qualitative approach with a multi-case study design, this research involved 24 Generation Z participants aged 18–27 working as content creators, freelance designers, creative startup founders, and portfolio workers in Jakarta, Bandung, and Yogyakarta. Data were collected through semi-structured interviews, digital observations, and documentation, and analyzed using reflexive thematic analysis. The findings identify three primary career-crafting strategies: portfolio polymorphism through cross-platform diversification and algorithmic management; communal buffering through the formation of collectives as a mechanism for collective risk mitigation; and existential pivoting, characterized by a shift in values from passion toward well-being as a career orientation. This study extends Career Construction Theory by demonstrating that Generation Z's career adaptability is realized through proactive withdrawal rather than merely adjusting to existing structures. Policy implications highlight the need for portable social protection schemes and community-based creative infrastructure.
The Role of Value Coherence in Moderating the Effect of Servant Leadership and Organizational Culture on Workforce Agility through Organizational Commitment Raja Marwan Indra Saputra; Aris Triyono; Yenny Iskandar; Tomy Fitrio
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.494

Abstract

This study aims to analyze the role of coherence in moderating the effect of servant leadership and organizational culture on workforce agility through organizational commitment. The study is motivated by the increasing organizational demand for human resources that are adaptive and responsive in facing dynamic environmental changes. A quantitative approach was employed using a survey method involving 143 employees of the Regional-Owned Water Utility (Perumda) Tirta Indra in Indragiri Hulu Regency. Data were analyzed using Structural Equation Modeling (SEM) based on Partial Least Squares (PLS). The results indicate that servant leadership and organizational culture have a positive, significant effect on organizational commitment, which, in turn, positively influences workforce agility. In addition, coherence is shown to moderate the relationships among servant leadership, organizational culture, and organizational commitment. These findings suggest that value alignment and individual understanding within the organization (coherence) are critical factors in enhancing the effectiveness of leadership and organizational culture in fostering commitment and workforce agility. This study contributes theoretically by enriching the development of organizational behavior models through the integration of coherence as a moderating variable. It provides practical implications for Perumda Tirta Indra's management in designing leadership strategies and strengthening organizational culture to improve workforce agility.
Stock Price Growth Target as a Predictor of Earnings Manipulation: A Fraud Triangle Analysis of Technology Sector Issuers in Indonesia Lie Adek; Dewa Putu Yohanes Agata L. Sandopart; Erma Wijayanti; Dewa Ayu Indiana Ida Loemongga Sandopart
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.496

Abstract

This study aims to explore the role of stock price growth targets as a predictor of earnings manipulation among Indonesian technology sector issuers through the lens of the Fraud Triangle framework. Employing an exploratory qualitative approach with a single holistic case study design, the research involved 18 participants from 12 technology issuers listed on the Indonesia Stock Exchange during the 2020–2025 period. Data were gathered through semi-structured in-depth interviews, annual report reviews, and news documentation, and subsequently analyzed using six-phase thematic analysis. The findings reveal seven primary themes: aggressive target pressure as the dominant predictor; technical opacity as an opportunity for manipulation; collective rationalization within the technology ecosystem; manifestations of earnings manipulation; governance weaknesses; consequences of manipulation; and detection mechanisms. The novelty of this research lies in introducing stock price growth targets as a more contextually relevant proxy for pressure in the technology sector, in contrast to conventional proxies such as financial stability or leverage. Policy implications include the need for technology-specific accounting guidance, red-flag-based supervision using indicators such as extreme PER ratios and low free float, and the strengthening of criminal sanctions against manipulators.
Adaptation Strategies of Gen Z Employees in Maintaining Quality of Work Life and Motivation Under High Work Pressure: An Interpretive Phenomenology Study Dewa Ayu Indiana Ida Loemongga Sandopart; Dewa Putu Yohanes Agata L. Sandopart
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.505

Abstract

This study explores the adaptation strategies developed by Generation Z employees to maintain a high quality of work life and motivation to achieve optimal performance under high work pressure. Using a qualitative, interpretive phenomenological design, this study involved 12 Generation Z participants aged 22–26 years from various employment sectors in Indonesia. Data were collected through semi-structured in-depth interviews and analyzed using six-phase thematic analysis. The findings identified three domains of adaptation strategies, including cognitive strategies characterized by cognitive reframing, meaning-making, and future self-projection; behavioral strategies reflected in digital time management, help-seeking, flexible boundary management, and job crafting; and relational strategies involving the mobilization of digital and physical social support as well as negotiation with supervisors. The main contribution of this study is the development of a Hybrid-Technological Adaptation model that represents the distinctive characteristics of Generation Z, including comfort with digital technology as an extension of self, preference for flexible yet clear work boundaries, strong values of autonomy and transparency, and the capacity to reframe crises as opportunities for personal development. The novelty of this research lies in the finding that Generation Z does not strictly separate digital and non-digital adaptation strategies, but instead integrates both seamlessly into daily practices. These findings enrich Conservation of Resources theory and the Job Demands-Resources model by incorporating the perspective of the digital native generation. Practically, organizations need to design adaptation interventions that accommodate Generation Z's technological preferences without sacrificing humanistic and relational aspects.
The Influence of Leadership Style and Work Motivation on Employee Performance in the Oil Palm Processing Industry: A Study on PT Sawitmas Nugraha Perdana Sampit M. Thamrin Noor; Hari Susanto; Rinni Wardani; Ahmad Rudini; Deky Prasetyo; Norhidayah
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.506

Abstract

Employee performance is a critical determinant of organizational competitiveness and sustainability, particularly in labor-intensive industries such as palm oil processing. Although previous studies have confirmed the importance of leadership style and work motivation in influencing employee performance, empirical findings remain inconsistent across organizational settings, indicating the need for further investigation in specific industrial contexts. Limited studies have also simultaneously examined the relative contribution of leadership style and work motivation in the Indonesian palm oil processing sector. This study aims to analyze the influence of leadership style and work motivation on employee performance at PT Sawitmas Nugraha Perdana Sampit. Using a quantitative approach with a cross-sectional design, data were collected from 38 employees through a saturated sampling technique and analyzed using multiple linear regression. The results reveal that leadership style has a positive and significant effect on employee performance (β = 0.141; t = 2.358; p = 0.024), while work motivation exerts a stronger positive effect (β = 0.764; t = 8.698; p < 0.001). Simultaneously, both variables significantly influence employee performance (F = 68.367; p < 0.001) and explain 79.6% of performance variation (R² = 0.796). The novelty of this study lies in providing empirical evidence from the palm oil processing industry, demonstrating that work motivation contributes more substantially to employee performance than leadership style. These findings enrich human resource management literature and offer practical implications for managers in designing leadership development and employee motivation strategies to improve organizational productivity.
The Influence of Country of Origin and Brand Image on Vivo Smartphone Purchase Decisions with Word of Mouth as a Moderation Variable: A Study on Vivo Smartphone Users in Sampit City Seanewati Oetama; Hari Susanto; Yolan Della Tasya
Journal of Economics and Management Vol. 4 No. 2 (2026): Journal of Economics and Management, June 2026
Publisher : Lembaga Publikasi Ilmiah Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70716/ecoma.v4i2.513

Abstract

This study was conducted in Sampit City to examine the influence of Country of Origin and Brand Image on Vivo smartphone purchase decisions, with Word of Mouth (WOM) as a mediating variable. The research involved 65 Vivo smartphone users selected through accidental sampling. Data were collected using questionnaires and analyzed using Structural Equation Modeling (SEM) based on Partial Least Squares (PLS) with WarpPLS 4.0. The analysis included validity and reliability testing, evaluation of the outer and inner models, and hypothesis testing. The results showed that the R² value for WOM was 0.415, indicating that Country of Origin and Brand Image explained 41.5% of the variation in WOM. The R² value for Purchase Decision was 0.430, indicating that the model explained 43.0% of the variance in purchase decisions. Country of Origin had no significant direct effect on Purchase Decision (t = 1.209; p = 0.227), whereas Brand Image and WOM did. WOM significantly mediated the relationship between Country of Origin and Purchase Decision (t = 2.367; p = 0.018), but did not mediate the relationship between Brand Image and Purchase Decision. The novelty of this study lies in integrating Country of Origin, Brand Image, and WOM within a single model to explain smartphone consumer behavior in a regional market context. The findings demonstrate that WOM strengthens the influence of product-origin perceptions on purchase decisions, while Brand Image remains a key determinant of consumer purchasing behavior.

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