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INDONESIA
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Published by CV. Adiba Aisha Amira
ISSN : -     EISSN : 30633648     DOI : Zenodo
Core Subject : Economy,
Economics, Econometrics & Finance
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.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 444 Documents
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SUSTAINABILITY IN A GREEN ECONOMY: A LITERATURE REVIEW OF STRATEGIES AND IMPLEMENTATION Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

The green economy aims to harmonise economic growth with environmental protection, by adopting environmentally friendly and sustainable approaches. The study found that key strategies that support a green economy include the use of renewable energy, improved energy efficiency, better waste management and sustainable agricultural practices. In addition, government regulatory support and incentives, as well as the role of technology and innovation, are critical in overcoming implementation challenges. While green economy implementation faces barriers such as high initial costs and resistance from some stakeholders, the long-term benefits are far more significant. These benefits include job creation, improved quality of life, and climate change mitigation. Therefore, deep collaboration between the government, private sector and communities is required to achieve comprehensive sustainability. The research concludes that with an integrated and participatory approach, the transition to a green economy can be successfully realised, making sustainable development the foundation of future economic growth.
THE ROLE OF TECHNOLOGY IN THE GREEN ECONOMY: A LITERATURE REVIEW ON INNOVATION AND SUSTAINABILITY Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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This research aims to review the role of technology in the green economy with a focus on innovation and sustainability. Through a literature review, this research explores various forms of green technologies such as renewable energy, energy efficiency, and waste management technologies, and their benefits in reducing environmental impacts and improving resource efficiency. The results show that technological innovation is a key pillar in driving a green economy, but its successful adoption is highly dependent on appropriate government policy support. In addition, public education and awareness on the importance of green technologies are also crucial factors in accelerating the transition to a more sustainable economy. By integrating technology, policy and education, this research emphasises the importance of a holistic approach to achieving global sustainability goals.
UNRAVELLING ECONOMIC AND SOCIAL INEQUALITY: A LITERATURE REVIEW OF ITS CAUSES AND IMPACTS Loso Judijanto; Al-Amin
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

Economic and social inequality in Indonesia has become an increasingly serious problem in recent decades. This article aims to examine the causal factors and impacts of such inequality through a literature review. The results show that economic and social inequality is caused by various interrelated factors, such as differences in access to economic resources, the quality of infrastructure and public services, the taxation system and government spending, the quality of human resources, as well as the political situation and economic policies that are less favourable to the interests of the lower classes. These factors reinforce each other and create a vicious cycle of poverty that is difficult to break. Widening inequality is detrimental to social stability, economic growth, and human development. Widening inequality can trigger social conflict, hamper purchasing power and aggregate demand, and make it difficult for the poor to access basic services such as education and health. Efforts to reduce inequality are crucial in order to maintain social harmony, promote more inclusive economic growth, and realise justice and prosperity for all. Therefore, comprehensive and sustainable efforts are needed to address the root causes of inequality, through policies that promote equitable economic and social access, improve the quality of human resources, and reform the tax system and government spending that is more pro-people. Only then can Indonesia realise a more just and equitable development for all people.
RECENT TRENDS IN HUMAN RESOURCE MANAGEMENT IN THE DIGITAL AGE Hery Purnomo; Subagyo, Faisol, Dodi Kusuma Hadi Soejoko, Poniran Yudho Leksono
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

Human Resource (HR) management in the digital age is undergoing a significant transformation, characterised by the integration of advanced technologies and a paradigm shift in the approach to the workforce. This study examines current trends in HR management, highlighting the role of artificial intelligence, data analytics and digital platforms in optimising HR processes. Findings indicate a shift in focus towards holistic employee experiences, continuous learning and work flexibility. While technology plays an important role, the research emphasises the importance of maintaining a balance between technological efficiency and the human element in building a strong organisational culture. In conclusion, successful HR management in the digital age depends on an organisation's ability to integrate technological innovation with people- centric strategies, creating an engaged, productive and innovative work environment.
THE INTERSECTION OF LAW AND ECONOMICS IN A SOCIAL CONTEXT: A REVIEW OF RECENT LITERATURE Loso Judijanto; Al-Amin
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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This literature review explores the intersection between law and economics in a social context, focusing on the dynamics and interplay between the two fields. The study found that a strong and fair legal system is an essential prerequisite for efficient economic operations, creating certainty, protecting property rights, and resolving disputes effectively. In addition, proper regulation of the law can foster innovation and sustainable economic growth. On the other hand, changes in the structure of the economy, such as globalisation and technological development, demand adaptations in legal regulation to face new challenges. In addition, law plays a crucial role in reducing socio-economic inequality through specialised legislation and wealth redistribution policies, which aim to create social stability and justice. In conclusion, the interaction of law and economy requires an inclusive and adaptive approach to ensure sustainable and equitable economic development, taking into account changing social needs.
REVITALISING PUBLIC POLICY TO SUPPORT GOOD AND CLEAN GOVERNANCE Riza Arizany Azahra; Iman Hikmat Nugraha
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

Revitalising public policy is an integral effort to support the creation of good and clean governance. This process includes improving the capacity of human resources, adopting modern technology, and strengthening the regulatory framework to increase transparency and accountability in government. In addition, close collaboration between various government agencies and active participation from the public are essential to ensure the successful implementation of policies that are more effective and responsive to public needs. With this revitalisation, it is hoped that a more efficient government, free from corrupt practices, and able to provide maximum services to the community, will support sustainable and inclusive development.
SOCIAL ECONOMIC LAW REFORM: LESSONS FROM DIFFERENT COUNTRIES BASED ON A LITERATURE REVIEW Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

Social economic law reform is an important process undertaken by many countries to improve people's welfare and realise sustainable development. Literature from various countries shows that the success of social economy law reform depends on a holistic, participatory and adaptive approach, as well as the importance of transparency, accountability and effective law enforcement. In addition, law reform must be dynamic and responsive to change, with flexible and innovative approaches to law making and implementation. Cooperation between the government, private sector and civil society is also needed to create a more just, inclusive and prosperous society.
UNRAVELLING THE COMPLEXITIES OF THE DIGITAL ECONOMY: THE CONVERGENCE OF TECHNOLOGY AND INNOVATION AS THE ENGINE OFNEW ECONOMIC GROWTH Loso Judijanto; Al-Amin
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 5 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

The digital economy has become a complex phenomenon fuelled by the convergence of technology and innovation. Advances in information and communication technology have changed the way businesses operate, creating new business models and opening up opportunities for economic growth. Innovation is key in unravelling the complexity of the digital economy, enabling companies to adapt quickly, create added value and improve operational efficiency. To optimally utilise the potential of the digital economy, collaboration and synergy between the government, industry, academia and society are required. The government needs to create a conducive environment for innovation, industry needs to continue to innovate and adapt, academia needs to play an active role in research and development, and society needs to be open to innovation. With strong synergy and collaboration, the complexity of the digital economy can be unravelled and utilised as a new motor of sustainable economic growth.
STRATEGIC HUMAN RESOURCE MANAGEMENT IN INTERNATIONAL BUSINESS: A CASE STUDY OF MULTINATIONAL COMPANIES Dina Novita; Caroline; Siti Sumiati; Ony Kurniawati; Mohd. Fauzi Hussin
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 6 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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This study delves into Strategic Human Resource Management (SHRM) within the context of international business, utilizing a case study approach to examine the practices of multinational companies. The objective is to shed light on the multifaceted dynamics of HRM in a global context and assess its significance for multinational corporations. The research employs a comprehensive methodology that combines a literature review, qualitative analysis of case studies, and empirical data collection. It examines the role of HRM in multinational companies, emphasizing its crucial function in navigating the complexities of global markets. Furthermore, the study explores the impact of cultural diversity on HRM strategies, recognizing that adequate cross-cultural competence is paramount for success. The case studies offer insights into talent management and recruitment strategies tailored to local markets, emphasizing the adaptability of HR policies to varying international contexts. Moreover, the research underscores the importance of network relationships within and with local partners in shaping HRM outcomes. This study contributes to the field of HRM in international business by integrating existing theories and empirical evidence into a coherent framework. It underscores the need for HRM practices accommodating diverse cultural and institutional contexts. Ultimately, it provides HR professionals and international business leaders with actionable insights to enhance their HRM strategies in the dynamic landscape of global operations.
THE NEXUS OF ARTIFICIAL INTELLIGENCE, BLOCKCHAIN TECHNOLOGY, AND HUMAN CAPITAL IN DIGITAL MARKETING STRATEGY: AN EXPLORATORY STUDY ON THEINTEGRATION, ETHICAL IMPLICATIONS, AND FUTURE PROSPECTS Kardi Kardi; Hemi Pamuraharjo, Nawang Kalbuana, Benny Kurnianto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 6 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

In the rapidly evolving digital marketing landscape, the convergence of artificial intelligence (AI), blockchain technology, and human capital management (HCM) is reshaping the strategies that drive businesses forward. This exploratory study delves into the intricate integration of these technologies and their profound implications for digital marketing. Our research uncovers the transformative potential of AI and blockchain in digital marketing. AI's capacity to automate and optimize marketing processes and blockchain's promise of enhanced data security and transparency offer businesses unprecedented tools for customer engagement and operational efficiency. However, this integration raises complex ethical concerns. Balancing the power of AI with responsible data handling and the immutable nature of blockchain with data privacy becomes paramount. HR professionals are pivotal in addressing these challenges as they guide the development of AI-related competencies within the workforce and foster a culture of ethical AI and blockchain use. The study envisions a future marked by even more sophisticated AI-driven marketing strategies and blockchain's disruptive impact on digital advertising. To harness these opportunities, organizations must invest in upskilling their workforce and consider the creation of hybrid job roles blending technical and creative skills. This research contributes valuable insights into the digital marketing landscape, offering guidance on navigating the evolving technological frontier while adhering to ethical principles.

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