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Daerah istimewa yogyakarta
INDONESIA
JURNAL ECONOMIA
ISSN : 18582648     EISSN : 24601152     DOI : -
Core Subject : Economy,
Jurnal Economia (JECO) is published by Faculty of Economics, Yogyakarta State University. It publishes theoretical or research manuscripts related to 1. Economics 2. Accounting 3. Management 4. Business 5. Entrepreneurship, and 6. Finance
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Articles 10 Documents
Search results for , issue "Vol. 20 No. 2 (2024): June 2024" : 10 Documents clear
Evaluation of Planning and Strategic Management at Social Organization for Business Sustainability Azmy, Ahmad; Hutabarat, Reynold Bachtiar
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.57302

Abstract

AbstractThis research analyzes the evaluation of programs and strategic management planning of social organizations. A qualitative approach is used as part of photographing the state and potential of the organization for the greatest achievement as an educational organization with the best reputation. The process of collecting data by interview. The results showed that the Good to Great theoretical framework can be used as a tool for measuring or evaluating programs and strategic management of organizations by identifying various strengths and weaknesses that become spaces for organizational improvement, based on each characteristic of the principles studied. Research proves that the Discipline of People, Discipline of Ideas, and Discipline of Action in the framework of Good to Great theory can be applied and relevant as an evaluation framework in the context of a social organization in Indonesia. These three aspects show a sustainable business with superior programs according to organizational values. Keywords:Business Sustainability, Business Planning, Strategic Management, Social Organization
Leadership Styles and Change Readiness: Improving Employee Performance During the COVID-19 Pandemic Primandaru, Noormalita; Kairupan, Daniel JI
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.43870

Abstract

AbstractThe COVID-19 pandemic necessitated significant organizational changes, particularly in higher education institutions in Indonesia, leading to a transition to distance learning and remote working arrangements. This study examined the effects of different leadership styles, i.e., authoritarian, democratic, and laissez-faire, on employee performance, focusing on the mediating role of change readiness. Data were collected from 42 business schools in Yogyakarta using a survey method, and the results were analyzed using the SmartPLS 3.0 application. The results indicate that while authoritarian leadership positively affects change readiness, it does not significantly improve employee performance. Conversely, democratic leadership positively influences both change readiness and employee performance. Laissez-faire leadership has a positive effect on change readiness but does not significantly improve employee performance. The study concludes that change readiness significantly mediates the relationship between leadership styles and employee performance, highlighting the importance of adaptive leadership in managing organizational change during the pandemic. Keywords:Authoritarian Leadership, Democratic Leadership, Laissez-Faire Leadership, Change Readiness, Employee Performance
The Impact of Role Conflict on Employee Performance with Work Stress as An Intervening Sijabat, Rauly; Martanto, Ignatius
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.51782

Abstract

AbstractBased on empirical phenomenon related to the performance of employees in the Tanjung Emas Semarang Class I Port Authority and Authority office and the theoretical phenomena that show inconsistencies in the findings of the influence between variabelsdirect conductthe research on role conflict, work stress and performance. The influence of role conflict, work stress and performance is outlined in an empirical research model. Data related to the variabels studied were obtained through interviews with 126 employee respondents at Tanjung Emas Class I Port Authority and Harbormaster and Authority Officeand tested by using Structural Equation Modeling (SEM) approach. Statistical test results show that role conflict is statistically proven to have a significant positive effect on work stress; role conflictand work stress are statistically proven to have a significant negative effect on performance. Keywords:Role Conflict, Work Stress, Performance
Examining Indonesian Stock Price Movement Amid COVID-19 Pandemic: Which Sectors that Underperformed the Most? Fakhrunnas, Faaza; Ramadhani, Almadita
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.43390

Abstract

AbstractThe stock market is a financial market that is highly responsive to changes in economic conditions. Therefore, the stock market normally reflects the current economic conditions. This study discusses the effect of the COVID-19 pandemic on the Indonesian stock exchange in several industrial sectors. Using the event study method, this study utilized a time-series data over a five-month period starting from December 2019 to April 2020. To examine the short-run and long-run impact among the observed variables, this study also applied the ARDL (Autoregressive Distributed Lag). The findings showed that the COVID-19 pandemic affected stock performance, particularly in trade, service and investments, and agricultural sectors, all of which experienced a negative return on the day of the first announcement of the COVID-19 positive cases. In addition, the outbreak evidently influenced the cumulative abnormal return in the short run, but not in the long run. Keywords:Stock Market, COVID-19 pandemic, Event Study, ADRL, Cumulative Abnormal Return
Descriptive Study of Government Expenditure & Poverty Reduction in South Halmahera, Indonesia (Maqashid Sharia Approach) Inat, Fathy; Fadly, Fadly; Abubakar, Idrus; Rusdin, Firman
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.58027

Abstract

AbstractGovernment intervention plays an important role in reducing poverty in South Halmahera as an antithesis to when market mechanisms fail to distribute wealth. From the Islamic public finance perspective, the ulil-amri (the government) plays a central role in managing public budget and is subject to the sharia value system. This research descriptively explores how the SH government manages its expenditure side for poverty alleviation and tries to conceptualize direct spending using the 2019 APBD(The Regional Revenue and Expenditure Budget) sample with the maqashid sharia approach. The results show that government spending brings benefits to the poor, but unfortunately an increase in spending does not always reduce poverty. During the COVID-19 pandemic, budget refocusing was quite successful in reducing poverty. Meanwhile, the expenditure allocation according to the maqashid sharia indicator has reached 69% of the total direct expenditure, although the expenditure allocation for religious protection received the smallest portion, 0.42%. Keywords:Poverty, Government Expenditure, Budget Refocusing, Maqashid Sharia
Student Financial Well-being: Personal Factors and Financial Behavior as Antecedents of Financial Well-being Margasari, Naning; Andhini, Mega Murti; Musaroh, Musaroh; Bandara, R. A. Seetha
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.58070

Abstract

AbstractThe information age has the potential for a negative impact on materialism and a positive impact on ways of managing student finances. This can affect the financial well-being of students. This study aims to determine the antecedents of financial well-being in college students in terms of personal and behavioral characteristics. Personal characteristics and behavior are in terms of materialism, financial behavior, and financial self-efficacy variables. These variables are measured through a questionnaire instrument developed from previous research. The results of this study found that materialism and financial behavior had a negative and significant effect on financial well-being, but financial self-efficacy was not proven to have a significant effect on financial well-being. The results of this study provide practical implications in improving student financial well-being, such as through financial literacy to control student materialism and financial behavior. Keywords:Materialism, Financial Behavior, Financial Self-Efficacy, Financial Well-Being.
How Do Economic Development Indicators Affect the Poverty Level? Evidence from West Nusa Tenggara Ali, Muhamad; Agustina, Laila Karina; Pahrudin, Pahrudin
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.67760

Abstract

AbstractThis study aims to determine the effect of GRDP, HDI, Economic Growth, and Unemployment Rate on poverty levels in West Nusa Tenggara Province. The method used the Random Effect Model as the selected model through a series of model selection tests and classical assumption tests. Regression results using the selected model show that of the four variables that cause poverty rates, only the HDI variable negatively and significantly affects poverty rates. Meanwhile, the other three variables (GRDP, economic growth, and unemployment rate) do not significantly affect poverty. The result suggests that the West Nusa Tenggara government should increase the HDI through stimulus programs in terms of education and health to provide more human resources, create more jobs for the lower and middle class to overcome unemployment and reduce poverty level, and expand the scope of GRDP and development in the economic structure sector to reduce the poverty level.  Keywords:GRDP, HDI, panel data, random effects models
Improving SMEs Marketing Performance through Market Orientation, Product Innovation, and Competitive Advantage in Bali-Indonesia Pramuki, Ni Made Wisni Arie; Kusumawati, Ni Putu Ayu
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.41159

Abstract

AbstractDuring the COVID-19 pandemic, Small and Medium Enterprise (SMEs) as one of the elements driving economic growth had a tremendous impact on business productivity. However, this does not discourage SMI from showing excellent performance and being able to adapt to changes and business competitiveness. This study aims to analyze the role of market orientation as an antecedent in the relationship of product innovation to marketing performance through the competitive advantage of SMIs in Bali Province. This research method is quantitative with a survey approach. The sample size used was 125 samples of SMI managers. The analysis technique in this study uses a structural equation modeling (SEM) approach with the help of SmartPLS 3.2.9 software. The findings show that all the hypothesized variables can be verified. Keywords:Marketing Performance, Product Innovation, Market Orientation, Competitive Advantage
The Role of Public Expenditures on Community Welfare Dosinta, Nina Febriana; Djafar, Fariastuti; Yantiana, Nella
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.47545

Abstract

AbstractThis study aims to determine whether public expenditures in meeting basic human needs affect community welfare. This study uses data on realizing the spending on education, health, and social protection as a proxy for public expenditures and the human development index for community welfare. This study indicates that education and health expenditures have a significant positive effect, while social protection expenditures have a significant negative effect. This study confirms disclosures in the Audit Report of the Audit Board of the Republic of Indonesia. The disclosures in Provincial Government Financial Statements in Indonesia state that the regional government prioritized meeting basic needs, education, health, and social on mandatory spending to improve the quality of community life. This research implies that social protection expenditure is not optimal for developing human capabilities. Keywords:Education Expenditure, Health Expenditure, Social Protection Expenditure, Human   Capability, Community Welfare
Do Information Technology and Human Resources Create Business Performance? The Role of Consumer Preferences Almaududi Ausat, Abu Muna; Judijanto, Loso; Ayesha, Ivonne; Rijal, Syamsu; Saranani, Fajar
Jurnal Economia Vol. 20 No. 2 (2024): June 2024
Publisher : Faculty of Economics and Business, Universitas Negeri Yogyakarta in collaboration with the Institute for

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21831/economia.v20i2.59217

Abstract

AbstractInformation technology is now a key pillar in an organization's business strategy to achieve optimal profits. Consumer changes and preferences play a central role in the development and adjustment of information technology to meet fluctuating market demands. The success of achieving the company's vision and mission is highly dependent on human resources who excel in the IT field. This research aims to review the importance of IT and HR in achieving the ideal vision and mission that has been planned. This research focuses on descriptive qualitative research that explores previous studies on IT, HR, consumer change, preferences, and business performance. Relevant data surrounding these variables were collected, summarized, and analyzed. The results confirmed that IT and HR play a crucial role in improving business performance. These factors must be combined holistically to achieve competitive advantage and sustainable long-term business performance, especially in the face of dynamic consumer changes and preferences. Keywords: IT, HR, business performance, consumer preferences

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