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Contact Name
Aslan
Contact Email
aslanalbanjary066@gmail.com
Phone
+6285245268806
Journal Mail Official
aslanalbanjary066@gmail.com
Editorial Address
Jalan. H. Muckhsin Dusun Tanjung Mentawa, Tanjung Mekar Sambas Village, West Kalimantan, Indonesia
Location
Kab. sambas,
Kalimantan barat
INDONESIA
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Published by CV. Adiba Aisha Amira
ISSN : -     EISSN : 30633648     DOI : Zenodo
Core Subject : Economy,
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) is a scientific journal that publishes articles in the field of Business and finance that contain conceptual ideas in the fields of Economics, Accounting, Management, Business and finance. The scope is Human Resource Management, Marketing Management, Financial Management, Production/Operational Management, Strategic Management, Islamic Business Management, Halal Industry Management, Hajj and Umrah Management, Zakat and Waqf Management / Islamic Philanthropy, Tourism Management, Banking Management, Industrial Management, Agribusiness Management, Business Administration and financial management within the scope of organisations both banking, hospitality, and others.
Articles 444 Documents
DETERMINANTS OF PRODUCTIVITY OF RESTAURANT AND DINING MSMEs IN SOUTH KUTA DISTRICT, BADUNG REGENCY Ni Wayan Nia Lestari Sukantiasih; Putu Ayu Pramitha Purwanti
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
Publisher : CV. Adiba Aisha Amira

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Abstract

South  Kuta  District  is  a  strategic  area  with  significant  potential  for the   development   of   MSMEs,   particularly   in   the   culinary   sector   such   as restaurants and eateries that support local tourism. However, the productivity of MSMEs in this area still faces several challenges, including limited access to capital, low utilization of information technology, lack of financial literacy, and suboptimal  financial  inclusion.  This  study  aims  to  analyze  the  influence  of business   capital,   information   technology,   financial   literacy,   and   financial inclusion  on  the  productivity  of  restaurant  and  eatery  MSMEs  in  South  Kuta District,  Badung  Regency,  both  simultaneously  and  partially.  This  research adopts  a quantitative  approach  using  the  stratified  random  sampling method based on village and sub-district areas, with a total sample of 100 respondents. The data analysis technique employed is multiple linear regression. The results showthat  simultaneously,  the  four  independent  variables  have  a  significant influence  on  MSME  productivity.  Partially,  each  variable  also  demonstrates  a positive  and  significant  effect  on  productivity.  These  findings  indicate  that improving  access  to  capital, mastery  of  technology,  financial  management literacy,  and  the  expansion  of  financial  services  are  crucial  to  enhance  the productivity    and    competitiveness    of    MSMEs    in    the    tourism    sector. Collaboration among government agencies, financial institutions, and business actors is essential to achieve sustainable and inclusive MSME growth.
THE INFLUENCE OF VIRAL MARKETING ON PURCHASE DECISIONS MODERATED BY CELEBRITY ENDORSERS(A Study on Skintific Consumers in Denpasar City) Ivana Shaina Putridewi; I Wayan Santika
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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The trend of using cosmetic and skincare products in Indonesia has increased since the Covid-19 pandemic, in line with the growing public awareness of self-care. Skintific, as a beauty brand, has leveraged viral marketing and celebrity endorsers to promote its products, particularly among the youth. This study aims to analyze the influence of viral marketing on purchase decisions and examine the role of celebrity endorsers as a moderating variable. The research was conducted on Skintific consumers in Denpasar City, with a total sample of 120 respondents determined using purposive sampling. The data analysis technique used was Moderated Regression Analysis (MRA). The results indicate that viral marketing has a positive and significant effect on purchase decisions. Additionally, celebrity endorsers are proven to moderate the relationship between viral marketing and purchase decisions, where the presence of celebrities strengthens the influence of viral marketing in encouraging consumers to make purchases. These findings contribute to the reinforcement of consumer behavior theory and the Uses and Gratifications Theory in the context of digital marketing for beauty products.
DETERMINANTS OF INCOME IN THE CULINARY FIELD IN DENPASAR CITY I Gusti Ayu Putri Okayuni; Ni Nyoman Yuliarmi
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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This study aims to analyze the effect of business capital, length of business, business location, working hours, and education level on the income of culinary business actors in Denpasar City. The background of this study is based on the important role of MSMEs in national economic development, especially in the culinary sector which is one of the mainstays of the Gross Regional Domestic Product (GRDP) of Bali Province. Denpasar City, as the center of economic and government activities, has great potential in developing culinary businesses, but still faces challenges in increasing the income of its business actors. This study uses a quantitative approach with an associative design. The research sample was determined proportionally through proportionate stratified random sampling and respondents were taken using accidental sampling techniques in four sub-districts in Denpasar City. Primary data were collected through observation, structured interviews, and questionnaires, while secondary data were obtained from related government agencies. Data analysis was carried out using multiple linear regression, supplemented with classical assumption tests, as well as F and t tests to test the significance of the influence of independent variables simultaneously and partially. The results of the study showed that simultaneously, business capital, length of business, business location, working hours, and education had a significant effect on culinary business income. Partially, the variables of business capital, length of business, working hours, and education have a positive and significant influence on income. However, the variable of business location shows a negative and insignificant influence.
THE INFLUENCE OF PROFITABILITY, SOLVENCY, BANKRUPTCY PREDICTION, AND OPERATIONAL COMPLEXITY ON AUDIT REPORT LAG (Empirical Study on Mining Sector Companies Listed on the Indonesia Stock Exchange in 2021–2023) Ni Luh Putu Kaila Shiva Karang; I Ketut Sujana
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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The annual financial report plays a crucial role in providing financial information to stakeholders and must be audited to ensure its reliability and compliance with regulations. Timeliness in the submission of financial statements is considered a key indicator reflecting the quality, reliability, and transparency of financial information. Audit report lag refers to the time period required to complete the audit process. The longer it takes for the auditor to complete their audit work, the greater the risk of delayed financial reporting, which can be detrimental to the company. This study aims to empirically examine the influence of profitability, solvency, bankruptcy prediction, and operational complexity on audit report lag. The research was conducted on mining sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. The sample was selected using a purposive sampling method, resulting in 37 companies with a total of 95 observations. Data were analyzed using multiple linear regression. The findings indicate that profitability has a negative effect on audit report lag, while solvency has a positive effect. However, bankruptcy prediction and operational complexity do not have a significant effect on audit report lag.
THE EFFECT OF CREDIT RISK AND LIQUIDITY ON FINANCIAL PERFORMANCE WITH CORPORATE SOCIAL RESPONSIBILITY AS A MODERATING VARIABLES I Gede Wiweka Nanda; I Gusti Ayu Eka Damayanthi
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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The financial performance of banking institutions is influenced by their ability to optimally manage credit risk and liquidity. This study aims to examine the effect of credit risk and liquidity on financial performance, with corporate social responsibility (CSR) as a moderating variable. The population of this research consists of banking companies listed on the Indonesia Stock Exchange during the 2021–2023 period, with a total of 93 observations. Financial performance is measured by Return on Assets (ROA), credit risk is measured by Non-Performing Loans (NPL), liquidity is measured by the Loan to Deposit Ratio (LDR), and corporate social responsibility is measured using the Corporate Social Responsibility Index (CSRI). This study adopts a quantitative approach using moderated regression analysis. The results show that credit risk has a negative and significant effect on financial performance, while liquidity has a positive and significant effect. Furthermore, CSR does not significantly moderate the relationship between credit risk and financial performance, but it is proven to weaken the effect of liquidity on financial performance in banking companies listed on the Indonesia Stock Exchange.
ANALYSIS OF FACTORS AFFECTING REGIONAL ORIGINAL REVENUE (PAD) IN BADUNG REGENCY Gusti Ayu Putri Sagita Maharani; Ni Luh Karmini
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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Regional Original Revenue (PAD) is one of the main indicators of a region's financial independence in managing its local economy. This study aims to analyze the effect of the number of tourist visits, the number of restaurants, the number of accommodations, and the population size on the Regional Original Revenue (PAD) of Badung Regency. As the tourism hub of Bali Province, Badung Regency holds significant potential for increasing PAD through the tourism sector and its supporting industries. This research adopts a quantitative approach using multiple linear regression analysis and employs secondary time series data from 2009 to 2023, sourced from the Central Bureau of Statistics (BPS) and related institutions. The research results show that simultaneously, the variables of tourist visits, the number of restaurants, the number of accommodations, and the size of the population have a significant impact on the local revenue of Badung Regency. However, partially, only the number of restaurants and the population have a significant and positive effect on local revenue, while the number of tourist visits and accommodations do not have a statistically significant partial impact. These findings indicate that the increase in the number of restaurants has a more direct impact on local revenue compared to other variables. This study is expected to provide input for the local government of Badung Regency in formulating effective policies to increase local revenue with a focus on sectors that show statistically significant contributions. Additionally, this offers empirical insights into the simultaneous and partial contributions of these factors to regional income.
THE EFFECT OF WORK ENVIRONMENT, PROFESSIONAL TRAINING, AND SELF-EFFICACY ON STUDENTS’ INTENTION TO PURSUE A CAREER AS PUBLIC ACCOUNTANTS(An Empirical Study on Undergraduate Accounting Students at Universitas Udayana) Nesia Yoseva Putri Sihotang; I Ketut Suryanawa
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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The profession of public accountants plays a vital role in supporting the economic transformation and development of a country. However, the proportion of accounting graduates who pursue careers as public accountants in Indonesia remains relatively low. This study aims to examine the influence of work environment, professional training, and self-efficacy on students’ intention to pursue a career as a public accountant. The population in this study consisted of 890 undergraduate accounting students at Udayana University, with a sample size of 574 students. Data were collected using a survey method through non-probability purposive sampling. The data analysis employed a Structural Equation Modeling (SEM) approach based on Partial Least Squares (PLS). The results of the analysis reveal that the work environment, professional training, and self-efficacy have a positive influence on students’ intention to pursue a career as public accountants.
THE EFFECT OF INFLATION, BANK INDONESIA INTEREST RATE, AND EXCHANGE RATE ON STOCK RETURNS(A Study on Banking Companies Listed on the Indonesia Stock Exchange in 2021–2023) I Made Paramartha Pandita; Ni Putu Santi Suryantini
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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This study aims to analyze the effect of macroeconomic variables namely inflation, the Bank Indonesia interest rate, and the exchange rate on the stock returns of banking companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. The background of this research is rooted in the importance of understanding how macroeconomic conditions can influence the financial sector, particularly the banking industry, which plays a strategic role in supporting the national economy. A quantitative approach was employed, utilizing multiple linear regression analysis. The study used secondary data obtained from annual financial reports of the companies and macroeconomic data from official sources such as Bank Indonesia and the IDX. The sample was selected using purposive sampling based on specific criteria, resulting in 12 banking companies as research subjects. The findings indicate that inflation has a negative but insignificant effect on stock returns. The Bank Indonesia interest rate shows a positive yet insignificant effect on stock returns. Meanwhile, the rupiah exchange rate against the US dollar exhibits a negative and insignificant effect on banking stock returns. These results suggest that the examined macroeconomic variables do not have a significant effect on stock returns in the banking sector during the observation period. Therefore, investors are advised to consider other factors, such as the company's fundamental performance and microeconomic dynamics, when making investment decisions.
THE EFFECT OF PRODUCT QUALITY, PRICE, AND PROMOTION ON CONSUMER SATISFACTION OF “CHARLES & KEITH” BAGS (Study on Consumers in Denpasar City) Febronia Julia; Ni Nyoman Kerti Yasa
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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The fashion industry is one of the most dynamic global economic sectors and continues to change over time. Fashion products now not only function as basic necessities and part of a lifestyle, but also have a strong influence on society. One of the fashion items that is highly sought after by women in the current era of fashion development is bags. Charles & Keith is a fashion brand widely known for its bag products. This study aims to determine the effect of product quality, price, and promotion on consumer satisfaction of Charles & Keith bags in Denpasar City. The method used to determine the sample in this study was purposive sampling with a sample size of 120 respondents. The data collection method in this study was through the distribution of research instruments in the form of offline distribution by giving directly to respondents and online via Google Form with the help of social media to consumers of Charles & Keith bag products in Denpasar City. The data analysis technique used was regression analysis with the help of SPSS for Windows. The results of the study showed that product quality, price, and promotion have a positive and significant effect on consumer satisfaction. Based on the results of this study, it is expected that Charles & Keith will improve various aspects related to product quality, price, and promotion to increase consumer satisfaction.
THE EFFECT OF PROFITABILITY, FIRM SIZE, AND OWNERSHIP STRUCTURE ON DIVIDEND POLICY Ni Putu Ayu Indah Wulandari; Made Reina Candradewi
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 2 (2025): AUGUST
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A dividend policy represents a company's strategy for distributing earned profits to its shareholders either via dividends or by reinvesting them back into the company. Such policies are crucial for attracting investors in the financial markets. The aim of this research is to examine how profitability, size of the company, ownership by managers, and ownership by institutions effect dividend policy. The research is centered on firms operating within the property and real estate industries on the Indonesia Stock Exchange, spanning the period from 2019 to 2023. It involves a selection of seven firms using a purposive sampling approach. The collection of data was derived from the annual financial statements of these firms. For the data analysis, the study employed techniques of multiple linear regression analysis, facilitated by the use of IBM SPSS 26 software. Findings from this investigation show that profitability and managerial ownership significantly impact dividend policy, whereas the size of the company and institutional ownership do not show a significant effect on dividend policy.