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Journal of Business Economics : Needs, Services, and Money
Published by Institut Bisnis Ekonomi Indonesia
ISSN : -     EISSN : 3124341X     DOI : -
Core Subject : Economy, Science,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance
The Journal of Business Economics : Needs, Services, and Money is managed and published by the Institut Bisnis dan Ekonomi Indonesia periodically (January and July). The aim of the publication is to facilitate researchers, practitioners and academics in disseminating their research results, ideas and views on economics and business. Editors accept research articles, literature reviews, field cases, ideas and book reviews written in English. Articles must be scientific, original, and have never been published. So that articles published in the Journal of Business Economics : Needs, Services, and Money can be useful for the development of science, practice and subsequent research, the author is obliged to provide data related to writing articles to parties who need it and provide information on how to obtain it. The determination of articles to be published in the Journal of Business Economics : Needs, Services, and Money goes through a Blind Review process by the editor and reviewers by considering, among other things: Fulfillment of journal publication requirements, problem background, and methodology used. The editor is responsible for providing input and improvements deemed necessary and conveying the evaluation results to the article author. ournal of Business Economics : Needs, Services, and Money only accepts research articles from the author.Jurnal ekonomi bisnis: need service money is related to any aspect of management science, including but not limited to the following topics: • Human Resource Management • Leadership • Financial management • Marketing Management • Financial management • Green Marketing • Green Finance / Sustainable Finance • Green Human Resource Management • Operational Management • Banking and Financial Institution Management • E-Commerce • Cross-Border Management • Cooperative and SME Management • Strategy Management • Consumer behaviour • Investment and Portfolio Management • Marketing Services
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 8 Documents
 1 
The Impact of Turnover Intention, Work Motivation, and Organizational Culture on Employee Performance in a Construction Service Company Tri Meliyanti tri
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 1 (2025): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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Abstract

This study aims to examine and analyze the influence of turnover intention, work motivation, and organizational culture on employee performance at a construction service company in Sanggau, West Kalimantan. The research employed a descriptive method with a quantitative approach. From a population of 219 employees, a sample of 69 was selected based on predetermined criteria. Data analysis techniques included validity and reliability tests, normality test, multicollinearity test, heteroscedasticity test, descriptive statistics, multiple linear regression analysis, t-test, F-test, and the coefficient of determination (R²). The multiple regression analysis produced the equation: Y = 12.797 + 0.122X₁ + 0.166X₂ + 0.344X₃. The t-test results showed that turnover intention (t = 1.116 < t-table = 1.997) and work motivation (t = 1.207 < t-table = 1.997) did not significantly affect employee performance. However, organizational culture had a significant effect (t = 2.565 > t-table = 2.019). The F-test result showed F = 6.660 > F-table = 2.75 with a significance value of 0.001 < 0.05, indicating that turnover intention, work motivation, and organizational culture jointly have a significant positive effect on employee performance. These findings highlight the importance of organizational culture in enhancing employee performance
The Impact of Workload and Work Environment on Teacher Job Satisfaction in Vocational High Schools: A Case from Pontianak Tasya
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 1 (2025): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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This study examines the impact of workload and work environment on teacher job satisfaction at a public vocational high school (SMK) in Pontianak, Indonesia. Job satisfaction is critical as it affects teaching performance and educational outcomes. Using a quantitative approach, data were collected through structured questionnaires from 44 civil servant teachers selected via purposive sampling. The instruments were tested for validity and reliability, and the data were analyzed using multiple linear regression. Results show that both workload (p = 0.002) and work environment (p = 0.047) significantly and negatively influence job satisfaction. The model accounts for 24.4% of the variance in satisfaction (R² = 0.244). Qualitative findings support these results, highlighting issues such as excessive administrative tasks, poor facilities, limited professional growth, and lack of collegial support. These conditions contribute to reduced motivation and morale. The study is limited by its focus on a single school and only two variables, which may limit generalizability. Future research should explore additional factors such as leadership style and compensation across broader samples. Practically, school leaders are encouraged to reduce workload pressure and cultivate a supportive work environment to enhance teacher well-being and job satisfaction
The Influence of Leadership and Compensation on Job Satisfaction: A Case Study of a Private Plantation Company in West Kalimantan Aprila Marshanda Saputri
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 1 (2025): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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This study aims to examine the effect of leadership and compensation on employee job satisfaction at a private plantation company in Landak Regency, West Kalimantan. Using a quantitative approach, data were collected from 54 field supervisors through questionnaires, interviews, and observation. The results were analyzed using multiple linear regression with SPSS 26. The findings indicate that compensation has a significant positive effect on job satisfaction, while leadership has a significant but negative effect. The adjusted R² value of 0.246 suggests that leadership and compensation together explain 24.6% of the variance in job satisfaction. The negative impact of leadership implies a mismatch between current leadership practices and employee expectations, potentially resulting in decreased satisfaction. Meanwhile, compensation appears to play a more critical and motivating role. These findings highlight the importance of revisiting leadership approaches and ensuring fair, transparent compensation systems to improve employee well-being and performance. Further research is recommended to explore additional variables influencing job satisfaction, such as organizational culture, workload, and career development opportunities. This study contributes to a deeper understanding of the human resource challenges faced by plantation-based organizations in Indonesia
Profitability, Leverage, and Firm Value: Evidence from Retail Companies in the Consumer Cyclical Sector Pebriyani Pebriyani; Tia Apriani; Nindi Puspitasari; Iswanto Iswanto
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 2 (2026): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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Abstract

This study aims to determine and analyse the effect of profitability and leverage on firm value, with firm size as a moderating factor. The population in this study were companies in the consumer cyclical retailing sub-sector listed on the Indonesia Stock Exchange (IDX) in 2021-2023. The sampling method used was purposive sampling. The resulting sample consisted of 11 companies. The data analysis techniques used were panel data regression and moderated regression analysis. The sample processing technique used E-views version 12. The results showed that profitability affected firm value, while leverage and firm size did not. Firm size moderated the effect of profitability on firm value. However, firm size did not moderate the effect of leverage on firm value.
Drivers of Employee Performance in Public-Sector Utilities: The Relative Roles of Self-Efficacy, Communication, and Organizational Commitment Lina lina
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 2 (2026): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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This study examines the impact of self-efficacy and communication on employee performance in a public-sector utility organization in Indonesia, with organizational commitment considered as a mediating variable. Employee performance is crucial in public service organizations due to its direct implications for service quality and operational reliability. Using a quantitative approach, data were collected through structured questionnaires from 199 employees and analyzed using partial least squares structural equation modeling (PLS-SEM). The measurement model demonstrates adequate validity and reliability. The results indicate that self-efficacy (p < 0.001) and communication (p = 0.010) have significant positive effects on employee performance. Both variables also significantly influence organizational commitment (p < 0.001). However, organizational commitment does not significantly affect performance and does not mediate the relationships between self-efficacy, communication, and performance. The model explains 82.5% of the variance in employee performance (R² = 0.825). This study is limited by its focus on a single organization and a cross-sectional design. Future research should incorporate longitudinal approaches and additional organizational variables. Practically, managers should prioritize strengthening employee self-efficacy and communication effectiveness to improve performance outcomes Keywords: Self-Efficacy, Communication, Organizational Commitment, Employee Performance, PLS-SEM
The Impact of Environmental, Social, and Governance Disclosure on Firm Value: Evidence from Energy and Basic Materials Companies in Indonesia Herni Ponia; Yusron Toto
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 2 (2026): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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This study aims to examine the influence of environmental, social, and governance disclosure on company value (PBV and Tobin's Q). While the independent variables are environmental and social, then governance. The population in this study is energy and basic materials sector companies listed on the Indonesia Stock Exchange for the 2017- 2023 period. The sampling method used is the purposive sampling method so that 7 companies were obtained. The total number of data processed in this study is 49 data. The type of data used is secondary in the form of annual financial statements of companies in the energy and basic materials sectors listed on the Indonesia Stock Exchange for the 2017- 2023 period. The data analysis method used in this study is descriptive statistics with a significant level value of 5%. The results of this study show that ESG has an effect on the company's value (PBV and Tobin's Q). Keywords: Environmental, Social, Governance, Corporate Value
Financial Knowledge, Socialization, and MSME Financial Management Behavior: Evidence from a Perceived Behavioral Control Perspective Siska Putri Utami; Yusron Toto
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 2 (2026): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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This study examines the determinants of financial management behavior among micro, small, and medium enterprises (MSMEs) by integrating Behavioral Finance Theory and the Theory of Planned Behavior. Specifically, it investigates the roles of financial knowledge and financial socialization, with perceived behavioral control as a mediating variable. Using a quantitative approach, data were collected through a structured questionnaire from 160 MSME owners in Pontianak City, Indonesia. The data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM). The findings reveal that financial knowledge does not directly influence financial management behavior but significantly enhances perceived behavioral control. In contrast, financial socialization has both direct and indirect effects on financial management behavior. Perceived behavioral control is found to significantly influence financial management behavior and fully mediates the relationship between financial knowledge and financial management behavior, while partially mediating the relationship between financial socialization and financial management behavior. These results suggest that cognitive financial knowledge alone is insufficient to drive effective financial behavior unless individuals perceive adequate control over financial decisions. This study contributes to the behavioral finance literature by highlighting perceived behavioral control as a key psychological mechanism in shaping MSME financial behavior. The findings provide practical implications for policymakers and practitioners to design financial empowerment programs that emphasize behavioral control and social learning alongside financial literacy.
The Role of Job Insecurity, Compensation, and Job Satisfaction in Shaping Turnover Intention: Evidence from an Outsourcing Firm in Indonesia Anggelika Ardila
Journal of Business Economics : Needs, Services, and Money Vol. 1 No. 2 (2026): Journal of Business Economics:Needs, Services, and Money
Publisher : Institut Bisnis dan Ekonomi Indonesia

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Abstract

This study examines the effects of job insecurity, compensation, and job satisfaction on turnover intention among employees in an outsourcing employment context in Indonesia. Drawing on psychological contract theory and prior turnover literature, this research aims to identify the relative importance of psychological and economic factors in explaining employees’ intention to leave. A quantitative approach was employed using survey data collected from 56 employees of a private outsourcing company. The data were analyzed using multiple linear regression with the assistance of SPSS version 26. The results indicate that job insecurity has a positive and statistically significant effect on turnover intention, while compensation and job satisfaction do not show significant individual effects. However, the three variables jointly explain a substantial proportion of variance in turnover intention, indicating the multidimensional nature of employee turnover behavior. These findings suggest that perceived employment uncertainty plays a more dominant role than financial rewards or affective job evaluations in influencing turnover intention within contract-based employment settings. This study contributes to the turnover intention literature by highlighting the central role of job insecurity in outsourcing organizations and provides practical insights for managers seeking to reduce employee turnover through improved employment stability and communication strategies

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