cover
Contact Name
Dedi IIskamto
Contact Email
deditayba@gmail.com
Phone
085278097380
Journal Mail Official
admin@adpebi.com
Editorial Address
Jl. Raya Percobaan No.38B Cileunyi Bandung, Jawa Barat
Location
Kota pekanbaru,
Riau
INDONESIA
International Journal of Applied Management and Business
ISSN : -     EISSN : 29617367     DOI : https://doi.org/10.54099/ijdms
International Journal of Indonesian Business Review is a peer-reviewed economic journal serving as a forum for Islamic Business Economics Scholars concerning to area of Islamic Accounting, Banking, Economics, Entrepreneurship, Finance, Human Resources Management, and Management
Articles 42 Documents
Green Finance, Environment Performance, and CSR on Financial Performance Industrial Sector in Indonesia: The Moderating Role of Good Corporate Governance Asyifa, Ninette I.; Endri, Endri
International Journal of Applied Management and Business Vol. 3 No. 2 (2025)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v3i2.1555

Abstract

This study aims to analyze the influence of Green Finance, Environmental Performance, and Corporate Social Responsibility (CSR) on financial performance, with Good Corporate Governance (GCG) as a moderating variable, in industrial sector companies listed on the Indonesia Stock Exchange during the 2019–2023 period. The research sample consists of 41 companies, employing panel data regression analysis processed using E-Views 13. The findings reveal that Green Finance, Environmental Performance, and CSR have a significant effect on Return on Assets (ROA), and that GCG is proven to moderate these relationships. Meanwhile, only Green Finance and GCG significantly affect Return on Equity (ROE), with GCG moderating solely the effect of Green Finance on ROE. These results underscore that the effective implementation of GCG can strengthen the impact of corporate sustainability practices on financial performance and support long-term business continuity.
Turnaround Time Efficiency In MRO Industry : A DMAIC Based Evaluation Of Gate System Quality Performance at PT. GMF AeroAsia Luthfi Rofif Labiiba; Anton Mulyono Azis
International Journal of Applied Management and Business Vol. 4 No. 1 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i1.1473

Abstract

This research was conducted to evaluate the implementation of gate-based quality control in the engine maintenance process to improve turnaround time (TAT) efficiency in the maintenance process. TAT is a key indicator for assessing operational efficiency in the maintenance, repair, and overhaul (MRO) industry and affects customer satisfaction levels. Based on the operational data of PT. GMF AeroAsia for the period 2022-2024, TAT often does not meet the targets set in the service level agreement (SLA). One of the causes is the delay that occurs at gate 4-5 in the gate system. The research conducted used Six Sigma DMAIC to evaluate and identify the root causes of issues occurring in the maintenance process, as well as to examine the influence of factors such as working capital, external vendor causes, and material procurement related to the delays at gate 4-5. The method used in this research employs both quantitative and qualitative approaches by collecting data through historical data, observations, and interviews. The research results indicate that the implementation of Six Sigma DMAIC at gates 4-5 is not yet optimal, with delays predominantly caused by working capital and external vendor issues. This study found a strong correlation between the frequency of delays and the duration of delays with the total TAT. These findings suggest that the integration of Six Sigma DMAIC, supported by Critical Chain Project Management and Reliability Centered Maintenance, could be a solution to improve the efficiency occurring in the gate 4-5, thereby directly enhancing the TAT efficiency.
The Influence of Product Quality, Brand Image and Promotion on Product Repurchase Interest Amir Syahzad; Tengku Rizal; Aberto Agustinus
International Journal of Applied Management and Business Vol. 4 No. 1 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i1.721

Abstract

This study aim to determine the effect of Product Quality, Brand Image and Promotion on Repurchase Interest on products  mediated by Consumer Loyalty. The subjects in this study were consumers who already had more than one sandal shoe product . The sample used in this study was 200 respondents. The sampling technique used purposive sampling. Researchers used questionnaires to collect data. The data analysis technique used in this study was The Structural Equation Modeling (SEM) using PLS 4.0 statistical software. based on the research results obtained that Product quality does not have a significant effect on consumer loyalty, Brand image has a positive and significant effect on consumer loyalty, Promotion does not have a significant effect on consumer loyalty, Consumer loyalty has a positive and significant effect on repurchase interest, Product quality has a positive and significant effect on repurchase interest, Brand image has a positive and significant effect on Repurchase interest, Promotion has a positive and significant effect on repurchase, Consumer loyalty mediates the relationship between Product Quality and Repurchase Interest, Consumer Loyalty is unable to mediate the effect of Brand Image on Repurchase Interest, Consumer Loyalty is unable to mediate the effect of promotion on Repurchase Interest.
Determinants of Employees’ Work Ethic Rica Andria Vitaloka; Yulina Eliza; Sumiati Sumiati
International Journal of Applied Management and Business Vol. 4 No. 1 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i1.1209

Abstract

This study aims to examine the effect of work experience, work environment, and work discipline on the work ethic of employees at the District Head Office of Kumun Debai Subdistrict, Sungai Penuh City. A quantitative research approach was employed, involving 33 respondents as the research sample. Data were collected through questionnaires and analyzed using IBM SPSS version 25. The analysis procedure included validity and reliability testing, classical assumption tests, and multiple linear regression analysis. The results indicate that work experience, work environment, and work discipline simultaneously have a significant effect on employees’ work ethic. Partially, work experience and work environment show a positive and significant influence on work ethic, while work discipline does not have a significant effect. These findings suggest that employees’ work ethic is more strongly shaped by adequate work experience and a supportive work environment than by work discipline that is predominantly administrative in nature. This study highlights the importance of enhancing work experience through continuous training and development, as well as creating a conducive work environment, as strategic efforts to improve employees’ work ethic and the quality of public services within local government institutions.
The Mediating Role of Growth in the Relationship Between Capital Adequacy, Asset Quality, Liquidity, and Dividend Payout Policy Nurani Cahya Gunawan; Irni Yusnita
International Journal of Applied Management and Business Vol. 4 No. 1 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i1.1486

Abstract

Purpose – This paper aims to analyze the influence of Capital Adequacy Ratio (CAR), Non-Performing Loan (NPL), and Loan to Deposit Ratio (LDR) on Dividend Payout Ratio (DPR), with Growth as a mediating variable, using data from Indonesian state-owned banks over the period of 2015–2024. Methodology/approach – The research employs a quantitative approach using secondary data from financial reports of state-owned banks. Panel data regression analysis is applied to examine the direct and indirect relationships among CAR, NPL, LDR, Growth, and DPR. Findings – The results show that CAR and Growth have a significant positive effect on DPR. NPL has a significant negative effect on both Growth and DPR. LDR has a negative effect on DPR but a positive effect on Growth. Growth significantly mediates the relationship between CAR, NPL, LDR, and DPR. Novelty/value – This study provides empirical evidence on how internal financial ratios and growth influence dividend policy in Indonesian state-owned banks. It highlights the mediating role of Growth in strengthening the link between financial performance and dividend payout, offering strategic insights for bank management and policymakers in improving dividend policy frameworks.
IoT-Enabled Platform for Sustainable Used Cooking Oil Collection in Culinary SMEs and Restaurants Aska Juta Tafrika Putra; Alberto Donny Gunawan; Novella Susanto; Abdul Rohman
International Journal of Applied Management and Business Vol. 4 No. 1 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i1.1726

Abstract

Purpose – This paper aims to design an innovative business model through a sustainable used cooking oil (UCO/minyak jelantah) management platform as an alternative solution to improve the effectiveness of UCO disposal and collection among restaurants and culinary SMEs. The study is motivated by the generally low adoption of proper UCO management practices in Indonesia, which contributes to environmental pollution and potential public health risks. Methodology/approach – This research applies the Business Model Canvas (BMC) to develop a technology-enabled solution, namely Throily, an ecosystem that combines IoT-based automatic volume recording with a digital application that connects SMEs and restaurants with UCO collectors to support safer and more transparent collection processes. Findings – The proposed Throily business model offers a clear value proposition: safer handling, improved operational efficiency, and transparent UCO collection, while also providing financial incentives for participating businesses. The primary target segment consists of restaurants and culinary SMEs in West Jakarta that generate UCO regularly yet lack efficient storage and pick-up systems. Financially, the model demonstrates sustainability potential through diversified revenue streams, including device sales, subscription programs, in-app advertising, and collaborations/partnerships. Novelty/value – By integrating IoT-enabled tracking with a digital marketplace and community-based collection ecosystem, Throily strengthens circular economy implementation and offers a scalable approach to reducing improper UCO disposal while generating measurable environmental and socio-economic benefits.
Carbon Emission Disclosure, ESG, Assets Growth on Financial Performance: The Moderating Role of Firm Size Vanica Eprillia Kuswoyo; Abdul Mukti Soma
International Journal of Applied Management and Business Vol. 4 No. 2 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i2.1895

Abstract

Purpose – The objective of this study is to analyze the effect of CED, ESG and AG on company financial performance, measured by Tobin’s Q and ROA, while evaluating the moderating role of company Size across energy businesses in the ASEAN-5 countries. Methodology/approach – The study uses a quantitative causal research design with panel data regression analysis. The sample comprises 141 firm-year observations, from 47 publicly listed energy businesses in Indonesia, Malaysia, Singapore, Thailand and the Philippines throughout the period 2022-2024. Secondary data were acquired from annual reports, sustainability reports and Refinitiv Eikon database. The postulated ideas were tested using REM and MRA. Findings – Both CED and AG yield a highly positive effect regarding Tobin’s Q alongside ROA, according to the empirical data. Conversely, ESG shows an absence of significant consequences for either indicator of firm financial performance. Furthermore, Firm Size operates as an essential moderating element concerning the links uniting CED with Tobin’s Q as well as ESG with Tobin’s Q, whereas it alters neither the connection binding AG to Tobin’s Q nor any interplay linking the independent variables with ROA. Novelty/value – Insights from this research design enrich the existing sustainability and corporate finance literature by jointly evaluating CED, ESG, AG, and the moderating effect of Firm Size across market-based and accounting-based financial performance dimensions within a cross-country ASEAN-5 energy sector environment. These conclusions supply actionable guidance for investors, managers, and policy authorities regarding the value of clear environmental disclosure alongside sustainable asset management intended for advancing firm financial performance.
Market Valuation and Financial Performance: ESG, Carbon Disclosure, Sales Growth with Firm Size as Moderation Naurah Aqilah Busnia; Abdul Mukti Soma
International Journal of Applied Management and Business Vol. 4 No. 2 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i2.1896

Abstract

Purpose - Although sustainability and corporate growth have garnered increased attention, their impact to company value and financial success remains equivocal. The purpose of this study is to investigate the impact of Carbon Emission Disclosure (CED), Environmental, Social, and Governance (ESG), and Sales Growth on market valuation and financial performance, and to explore the moderating role of Firm Size in energy companies of five ASEAN countries, for the period 2022–2024. Methodology/approach – The study adopted a quantitative research strategy employing secondary data obtained from annual reports, sustainability reports and the Refinitiv database. Businesses were pre-defined criteria. The Regression Regression Regression Regression Regression Regression Regression Regression Regression Regression Regression Regression Regression. Financial Financial Financial Financial performance. Findings – The results show that CED has no significant effect on market valuation or financial performance. ESG has no material impact on market valuation but positive impact on financial performance. Sales Growth has a positive impact on both variables. Firm Size does not moderate the relationship between CED, ESG, Sales Growth and market valuation. Nevertheless, it diminishes the effect of CED and ESG on financial performance, while the moderating effect of Sales Growth is not evident. Novelty/value – Using firm size as a moderator, this article creates an integrated framework for CED, ESG, and sales growth in the ASEAN energy sector. The findings indicate that sustainability disclosure has less of an impact on firm value and financial performance than growth-related characteristics.
Drivers of Electric Vehicle Purchase Intention in Indonesia: The Mediating Role of Willingness to Pay Rafi Ramadhani Risnadi; Citra Kusuma Dewi
International Journal of Applied Management and Business Vol. 4 No. 2 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i2.1897

Abstract

Purpose – This paper seeks to investigate the joint effects of consumer psychology, individual characteristics, and government financial incentives on electric vehicle (EV) purchase intention in Indonesia, utilizing willingness to pay (WTP) as a critical psychological and economic mediator. Methodology/approach – Grounded in the Theory of Planned Behavior (TPB) and Value-Belief-Norm (VBN) theory, an integrated framework featuring seven antecedents was developed. Data were acquired from 392 valid respondents across 33 regions in Indonesia using a purposive sampling method and empirically analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). Findings – The results reveal that resistance to change, environmental concern, perceived value, and personal norms are important direct predictors of purchase intention. Meanwhile, need for uniqueness, perceived trust, and government financial incentives serve as key drivers of readiness to pay. WTP plays a full mediating role in the association between need for uniqueness and purchase intention, while partially mediating the influences of environmental concern, perceived value, and resistance to change. Novelty/value – This study provides a novel theoretical integration of rational-economic and moral-normative pathways to evaluate EV adoption in an emerging market context. The findings challenge the conventional premise that financial subsidies alone drive EV penetration, highlighting instead that internal motivations and customer perceived value serve as more powerful levers for sustainable transport transitions.
Determinants of QRIS Adoption and Financial Performance of Creative MSMEs in West Java - Indonesia Rabina Tresna Assyfa; Farida Titik Kristanti; Abdul Mukti Soma
International Journal of Applied Management and Business Vol. 4 No. 2 (2026)
Publisher : ADPEBI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/ijamb.v4i2.1894

Abstract

Purpose – This research intends to evaluate the factors of Quick Response Code Indonesian Standard (QRIS) adoption and its influence on the financial performance of innovative Micro, Small, and Medium Enterprises (MSMEs) in West Java, Indonesia. In particular, it examines how QRIS adoption affects MSMEs' financial performance and assesses the impact of technical readiness, organizational preparation, environmental support, financial literacy, perceived utility, and perceived ease of use. Methodology/approach – A quantitative study approach was applied utilizing a survey of 402 innovative MSMEs who had deployed QRIS as their digital payment system. Partial Least Squares Structural Equation Modeling (PLS-SEM) using SmartPLS 4 was used to examine the data that was gathered via structured questionnaires. To explain QRIS adoption and its connection to financial success, the suggested model combines the Technology Acceptance Model (TAM), the Technology–Organization–Environment (TOE) framework, and financial literacy. Findings – The findings reveal that technological readiness, organizational readiness, environmental support, financial literacy, perceived usefulness, and perceived ease of use all have significant positive effects on QRIS adoption. Among these determinants, perceived usefulness exerts the strongest influence on QRIS adoption. Furthermore, QRIS adoption significantly enhances the financial performance of creative MSMEs, indicating that greater utilization of digital payment technology contributes to improved profitability, operational efficiency, and financial stability. Novelty/value – By combining the Technology Acceptance Model (TAM), the Technology Organization Environment (TOE) framework, and financial literacy into a complete model to explain QRIS acceptance and its impact on financial performance, this research expands on the literature on digital payment adoption. It also includes empirical data from innovative MSMEs in West Java, Indonesia's biggest QRIS merchant ecosystem, delivering practical lessons for policymakers, digital payment providers, and MSME owners in advancing digital financial transformation.