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Contact Name
Hendri Mauliansyah
Contact Email
Hendri.mauliansyah@gmail.com
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+6285234567882
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globalreseacrh.great@gmail.com
Editorial Address
Jalan Bahagia No.17 C, Dusun Lampoh Lubhouk, Desa Punge Blang Cut, Kecamatan Jaya Baru Kota Banda Aceh, Provinsi Aceh, Indonesia
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Aceh
INDONESIA
Global Research in Economics and Advanced Theory
ISSN : -     EISSN : 31233449     DOI : -
GREAT (Global Research in Economics and Advanced Theory) (ISSN-E 3123-3449) adalah jurnal internasional yang menggunakan sistem peer review ganda dan terbuka, yang menerima artikel penelitian berkualitas tinggi, asli, dan didukung secara teoritis di bidang ekonomi. Hal ini mencakup, namun tidak terbatas pada, studi di bidang manajemen, akuntansi, akuntansi Islam, keuangan, strategi bisnis, kewirausahaan, dan bidang lain yang terkait dengan pengembangan ekonomi dan bisnis. Jurnal GREAT diterbitkan oleh Gabungan Riset Edukasi dan Eksplorasi Teori. Jurnal ini menerbitkan berbagai karya akademik, termasuk artikel penelitian, makalah konseptual, laporan studi kasus, ulasan, dan pembahasan tentang isu-isu kontemporer dalam ekonomi dan bisnis (lihat Tujuan dan Ruang Lingkup & Etika dan Pelanggaran). Artikel dalam jurnal ini diterbitkan empat kali setahun (empat edisi per tahun), pada bulan Februari, Mei, Agustus, dan November. Manfaat bagi Penulis: Kami juga menyediakan berbagai manfaat bagi penulis, seperti akses gratis ke PDF yang diterbitkan, kebijakan hak cipta akses terbuka, dan visibilitas internasional yang luas.
Articles 5 Documents
Search results for , issue "Vol 2 No 1 (2025): GREAT Journal" : 5 Documents clear
THE EFFECT OF RELATIONSHIP MARKETING STRATEGIES ON CUSTOMER LOYALTY IN ISLAMIC BANKS Muhammad Ridha Fuady
GLOBAL RESEARCH IN ECONOMICS AND ADVANCE THEORY (GREAT) Vol 2 No 1 (2025): GREAT Journal
Publisher : GREET

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65788/greatjournal.v2i1.66

Abstract

This study investigates the effect of relationship marketing strategies on customer loyalty in Islamic banks, where trust, transparency, and adherence to Sharia principles are central. Using a descriptive-analytical research design with a mixed-methods approach, data were gathered from 500 customers across Indonesia through structured questionnaires and semi-structured interviews, analyzed with descriptive statistics, regression analysis, and thematic analysis. Findings reveal a strong positive correlation (r = 0.72, p < 0.01) between strategies such as personalized communication, customer engagement initiatives, and loyalty programs with customer loyalty, with trust emerging as the most influential factor (M = 4.5), followed by customer satisfaction (M = 4.4) and perceived value (M = 4.3). Case evidence, such as Bank Syariah Mandiri’s loyalty program, demonstrated a 25% increase in customer satisfaction and a 15% growth in referrals, while technology adoption, especially mobile banking and CRM systems, and community-oriented CSR programs further strengthened customer bonds. These results align with relationship marketing theory emphasizing relational over transactional value, concluding that Islamic banks can achieve sustainable loyalty and competitive advantage by integrating ethical practices, innovative Sharia-compliant products, digital engagement, and socially responsible initiatives.
FROM CASH TO QRIS: THE IMPACT OF DIGITAL PAYMENT SYSTEMS ON MICRO ENTERPRISE SALES Mila Fitri Sundari
GLOBAL RESEARCH IN ECONOMICS AND ADVANCE THEORY (GREAT) Vol 2 No 1 (2025): GREAT Journal
Publisher : GREET

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65788/greatjournal.v2i1.67

Abstract

This study examines the impact of the Quick Response Code Indonesian Standard (QRIS) on sales performance among micro enterprises in Indonesia, a sector that represents over 99% of national businesses and plays a critical role in employment and economic resilience. Using a mixed-methods design, data were collected through surveys of 200 micro enterprises across the food, retail, and service sectors, complemented by semi-structured interviews with 20 business owners. The quantitative results reveal that QRIS adoption increased average sales by 35% within six months, with the food and beverage sector experiencing the highest growth at 45%. Regression analysis confirms a positive and significant association between QRIS usage and revenue growth (p < .01), while qualitative findings emphasize improved transaction efficiency, enhanced customer loyalty, and greater attractiveness to younger, digitally literate consumers. Despite these benefits, challenges remain in digital literacy, infrastructure, and security. By providing empirical evidence from an underexplored context, this study contributes to the literature on digital financial inclusion and the role of technology in supporting micro enterprise competitiveness. The findings highlight both managerial and policy implications for accelerating inclusive digital transformation in emerging economies.
EARNINGS MANAGEMENT PRACTICES BEFORE AND AFTER THE IMPLEMENTATION OF PSAK 73 Nabila Putri Ardana
GLOBAL RESEARCH IN ECONOMICS AND ADVANCE THEORY (GREAT) Vol 2 No 1 (2025): GREAT Journal
Publisher : GREET

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65788/greatjournal.v2i1.68

Abstract

Earnings management has long been a concern for regulators and investors, as it undermines the credibility of financial reporting and distorts stakeholders’ decision-making. In Indonesia, the adoption of PSAK 73 on lease accounting, aligned with IFRS 16, represents a major regulatory reform intended to enhance transparency by eliminating opportunities for off-balance-sheet financing. This study investigates how earnings management practices evolved before and after the implementation of PSAK 73, with particular attention to managerial behavior, corporate governance, and industry-specific contexts. Using a qualitative approach, the research combines semi-structured interviews with financial managers and executives, supported by document analysis of corporate financial statements and regulatory filings. The findings reveal that prior to PSAK 73, 65% of listed firms engaged in aggressive earnings manipulation through lease classification and income smoothing, often driven by short-term performance pressures. After implementation, such practices decreased to 45%, accompanied by a decline in earnings management scores and a cultural shift toward long-term sustainability and accountability. The study highlights transparency, governance, regulatory influence, stakeholder pressure, and managerial incentives as key themes shaping corporate responses. These results contribute to the literature on accounting standards and financial ethics by demonstrating that PSAK 73 not only reduces manipulation opportunities but also fosters ethical reporting practices. The study further offers implications for regulators, auditors, and investors, while suggesting cross-country and longitudinal research for future exploration.
AN EVENT STUDY OF MARKET REACTION TO PRESIDENTIAL ELECTION ANNOUNCEMENTS IN INDONESIA Fitratul Huda
GLOBAL RESEARCH IN ECONOMICS AND ADVANCE THEORY (GREAT) Vol 2 No 1 (2025): GREAT Journal
Publisher : GREET

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65788/greatjournal.v2i1.69

Abstract

This study examines how presidential election announcements influence Indonesia’s financial markets, focusing on the Jakarta Composite Index (JCI). Using an event study methodology with data from the 2019 and 2024 election cycles, we analyze abnormal returns across key political announcements. The findings show that candidate introductions trigger the strongest positive market reactions, particularly in consumer goods and financial services, while infrastructure and mining exhibit weaker responses. Elevated volatility and trading volumes underscore heightened uncertainty, yet also highlight investor sensitivity to credible and transparent economic agendas. These results provide new evidence on the interaction between politics and markets in an emerging democracy, offering practical insights for investors in portfolio allocation and for policymakers seeking to maintain stability through clear communication.
IMPLEMENTATION OF OJK’S GOOD CORPORATE GOVERNANCE GUIDELINES IN ISLAMIC FINANCIAL INSTITUTIONS: COMPLIANCE AND CHALLENGES Selvie Anggraeni Noer
GLOBAL RESEARCH IN ECONOMICS AND ADVANCE THEORY (GREAT) Vol 2 No 1 (2025): GREAT Journal
Publisher : GREET

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65788/greatjournal.v2i1.70

Abstract

This research critically investigates the implementation of the Financial Services Authority’s (OJK) Good Corporate Governance (GCG) guidelines in Indonesia’s Islamic financial institutions (IFIs), with a focus on compliance outcomes, operational challenges, and the interplay between Shariah governance and conventional regulatory frameworks. The study addresses a critical gap in prior research, which has often treated Shariah compliance and GCG as separate domains, by examining their integration in a single governance model. A mixed-methods approach was employed, combining semi-structured interviews with executives and Shariah Supervisory Board members, structured surveys quantifying adherence levels, and document analysis of governance policies and annual reports. Findings reveal a sector-wide compliance rate of 75%, with larger IFIs—such as Bank Syariah Indonesia—achieving above 80% compliance due to more mature governance infrastructures, while smaller IFIs remain at approximately 60% due to resource and expertise limitations. The research identifies internal barriers, including limited GCG awareness among staff and inadequate training, as well as external pressures such as complex regulatory demands and competitive market dynamics. The novelty of this study lies in its sector-wide empirical assessment that bridges theoretical governance models with real-world operational realities, offering granular insights into the structural, cultural, and regulatory factors that shape GCG effectiveness in IFIs. The findings hold significant implications for policymakers, regulators, and industry practitioners seeking to design targeted interventions that enhance governance quality, ensure Shariah-compliant ethical standards, and promote sustainable growth in the Islamic finance sector.

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