Jurnal Ekonomi Modernisasi
Jurnal Ekonomi Modernisasi is a peer-reviewed journal that disseminates research in the fields of management and accounting. The journal publishes issues every February, June, and October. It covers a large variety of topics of management and accounting as a medium for practitioners, academics, independent researchers to publish articles that contribute to the development of science. The journal is published with fully open access. Jurnal Ekonomi Modernisasi was firstly published in printed version in 2005 (ISSN 0216-373X), but since 2016, the journal has been published online (ISSN 2502-4078). It is published by the Economics and Business Faculty, University of Kanjuruhan Malang, Indonesia. Jurnal Ekonomi Modernisasi promotes the ideas and information among researchers that have been achieved in the area of: financial management, marketing management, human resource management, behavior organizational, good governance, strategic management, entrepreneurship, management accounting, financial accounting, public sector accounting, Islamic accounting, auditing, taxation, business ethics.
Articles
320 Documents
Analisis Analisis financial performance dan firm value perusahaan sektor industri logam di Indonesia
Yuniep Mujati Suaidah
Jurnal Ekonomi Modernisasi Vol. 16 No. 1 (2020): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i1.4637
This study aims to determine the direct effect of capital structure, CSR and financial performance on firm value, and to determine whether financial performance can be a mediating variable between capital structure and CSR on firm value. This study uses secondary data, data collection with documentation on metal industrial sector manufacturing companies in the Indonesia Stock Exchange (IDX), as many as 14 companies were used as research samples with purposive sampling method, for 4 years so that the sample used 56 financial reports. Measurement of capital structure variables using DER, CSR with GRI-G4 guidelines, financial performance with ROA, firm value with PBV. Hypothesis testing using Path Anaysis. The results showed that capital structure had a positive and insignificant effect on financial performance, CSR had a significant positive effect on financial performance, and capital structure had a significant positive effect on firm value. CSR has a positive and insignificant effect on firm value, financial performance has a significant negative effect on firm value. The financial performance variable is not a mediating variable between capital structure and firm value, but is a mediating variable between CSR and firm value.
Analisis faktor yang mempengaruhi kinerja UKM di pasar internasional
Aglis Andhita Hatmawan
Jurnal Ekonomi Modernisasi Vol. 16 No. 1 (2020): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i1.4694
Small and medium enterprises (SMEs) are currently important players in international trade. Commitment from business actors and wider networks are required to not only penetrate the international market but also to survive and compete at the national and international levels. This study aims to analyze entrepreneurial orientation, network capabilities, and innovation on the performance of SMEs in the international market. This study used a survey method by giving questionnaires and interviews to 75 manufacturing SMEs in the district and city of Madiun. The results of this study indicate that all entrepreneurial orientation variables, network capability, and innovation have positive and significant effects on the performance of SMEs in the international market. This study contributes to the internationalization of SME's literature by analyzing the influence of entrepreneurship orientation, networking capabilities, and innovation on SME performance in international markets, especially for manufacturing companies.
Kepemimpinan, budaya organisasi dan kinerja: peran mediasi motivasi kerja
Muchammad Ismail Hamzah;
Endi Sarwoko
Jurnal Ekonomi Modernisasi Vol. 16 No. 1 (2020): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i1.4775
This research aims to analyze the direct relationship between leadership, organizational culture on performance, and to analyze the indirect relationship that is mediated by work motivation. The study used a quantitative approach, namely explanatory research, using a sample of 110 research that were taken randomly from certified teachers at junior high schools in Malang Regency. The data were collected using a questionnaire with a 5 point Likert scale, while the data analysis technique used Path Analysis. The research findings showed that performance was influenced by leadership and work motivation, but the leadership was not proven to affect work motivation. Another research finding is that organizational culture does not significantly contribute to performance, but contributes to work motivation, work motivation only mediates the relationship between organizational culture and performance. The research implication is that to improve performance, effective leadership and work motivation are needed, further increasing work motivation can be achieved from strengthening organizational culture. The next researcher is suggested to test the role of leadership on organizational culture.
The role of job satisfaction as a mediating variable on leadership styles to employee performance
Siswanto Siswanto;
Masyhuri Masyhuri;
Ikhsan Maksum;
Isnan Murdiansyah
Jurnal Ekonomi Modernisasi Vol. 16 No. 1 (2020): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i1.4796
This research aims to analyze the influence of transformational and transactional leadership styles mediated by job satisfaction on performance. The study used a quantitative approach to testing between variables; the sample used in this study was 60 respondents at PT. Cendana Teknika Utama resulted from the dissemination of questionnaires and interviews. The sampling technique used is saturated sampling. Analyze data using Smart-PLS. The results showed that transformational leadership harmed job satisfaction, transactional leadership had a positive effect on job satisfaction, and job satisfaction had no positive effect on performance. The results of the variable's influence on job satisfaction mediation on transformational and transactional leadership are different. Job satisfaction does not become a mediation variable for the influence of transformational leadership on performance. Nevertheless, job satisfaction becomes a mediation variable between transactional leadership influence and performance. The limitation of this study is that the number of respondents is too few. Several respondents in several companies expected to add to improve the generalization of the study results of the next study.
Peran ekonomi digital terhadap hubungan ASEAN-Korea Free Trade Area (AKFTA)
Ghina Fitri Ariesta Susilo;
Utpala Rani
Jurnal Ekonomi Modernisasi Vol. 16 No. 2 (2020): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i2.4827
This study is a qualitative desk research that examines the role of the digital economy in the ASEAN-Korea Free Trade Area (AKFTA) relations. ASEAN and Korea pay attention to the development of the 4.0 revolution and form the ASEAN-Korea Free Trade Area (AKFTA) to establish mutually beneficial relations. The development of the 4.0 industrial revolution has the potential to increase the level of global income and improve the quality of life of populations around the world. The success of the Korean industry can provide very valuable lessons for ASEAN by inspiring this group of countries to implement a digital economy. The partnership reflects the potential benefits of industrial improvement through digitalization and automation, the ASEAN-Republic of Korea Cooperation Center has implemented several trade and investment programs in industry segments related to Industry 4.0. AKFTA will enhance the international competitiveness of ASEAN and Korea by promoting the competition and efficiency that both parties have. AKFTA will shift the trade balance to ASEAN encourage rapid growth of the digital economy and give positive impacts to both parties.
Bekerja dari rumah: implementasinya pada U-Learning selama pandemi virus Covid-19
Dianawati Suryaningtyas
Jurnal Ekonomi Modernisasi Vol. 16 No. 2 (2020): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i2.4837
Work from home becomes a solution in Covid-19 pandemic condition. This research aims to explore work from home through U-Learning implementation which is done by lecturers from management and informatics in a private university in Malang. The method used was a qualitative case study with 11 participants who were reached by WhatsApp and returned completed answers of written interviews and photos. All participants implemented U-Learning using the Google Classroom application, while 2 participants added Zoom and Whatsapp applications. Some participants provided a room as a specific place for working from home. Meanwhile, others provided pleasant places in their home to do working although some disturbances from families still happened. Almost all participants felt the benefit of working from home, such as being closer to family and flexibility in time management between working and family, so as to achieve balance. Despite this, participants could not optimize the process of U-Learning caused by technical aspects and also family activities. The limitation of this study is using 11 participants only. For future research suggested using more participants and another method to a better results.
Pengaruh profitabilitas, solvabilitas, likuiditas dan audit tenure terhadap audit report lag dengan komite sebagai pemoderasi
Ryan Rich Tampubolon;
Valentine Siagian
Jurnal Ekonomi Modernisasi Vol. 16 No. 2 (2020): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i2.4954
This study aims to examine empirical evidence regarding the effect of profitability, solvency, liquidity, and audit period on the audit report with the audit committee as a moderating variable. This research was conducted by a quantitative method with a descriptive approach. The population in this study are property, real estate, and construction companies listed on the Indonesia Stock Exchange (BEI) in 2016-2019. The sampling method used was the purposive sampling method. The sample in this study was 184 firm year observations. Data analysis used multiple linear regression analysis and moderated regression analysis with interaction test. The results of this study indicate that profitability has a significant negative effect on audit report lag, solvency has a significant negative effect on audit report lag, liquidity has a significant positive effect on audit report lag, and audit tenure has a significant positive effect on audit report lag. The audit committee as a moderating variable strengthens all independent variables on the dependent variable. For further researchers, it is recommended to increase the sample size and expand the object of research by researching sectors that have more companies and also increasing the period of research.
Analisis perbandingan kinerja keuangan provinsi di Pulau Jawa dan Pulau Sumatera
Muhammad Hamdan Sayadi
Jurnal Ekonomi Modernisasi Vol. 16 No. 2 (2020): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i2.4958
The local governments are expected to be able objectify the local budget, especially the revenue that becomes the main source to objectify the expenditure budget. Local governments can be autonomous if its can maximize their potency, especially the local revenue. This paper aims to analyze the level of regional financial dependence and degree of decentralization in the provinces which is located in the Sumatera island and Java with the comparison of financial performance between the provinces. This paper used the method of quantitative descriptive with the ratio of regional financial dependence and degree of decentralization as the analysis tools. The results indicated that financial performance of provinces in the Java island much better than provinces in the Sumatera island because its had much better the realization of local revenue. The factor that affecting financial performance of provinces in the Java island much better was the good ability to acquire local revenue so that it can make very low level of regional financial dependence to the central government and very good degree of decentralization
Pengaruh informasi akuntansi biaya terhadap nilai perusahaan serta implikasinya terhadap tanggungjawab perusahaan kepada stakeholder
Ulfatul Khasanah;
Rina Sulistyowati;
Agung Hirmantono;
Mas’adah Mas’adah
Jurnal Ekonomi Modernisasi Vol. 16 No. 2 (2020): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i2.4981
This study aims to obtain empirical evidence regarding the effect of cost accounting information on firm value and its implications for corporate responsibility to stakeholders. This research was conducted at consumer goods industrial sector companies listed on the IDX. The sample in this study consisted of 18 companies for 5 years, so that the data processed in this study were 90 data. Data analysis techniques using path analysis. The results showed that the indirect effect of the variable production costs on interest expense through firm value was non-significant. Meanwhile, the indirect effect of the production costs on tax expense through firm value is significant. Likewise, the indirect effect of the production costs variable on dividends through firm value, which is also significant. The research results can be considered for the company in terms of debt policy and dividend policy and for the government in determining taxes.
Faktor-faktor yang mempengaruhi minat beli di pasar tradisional
Yulius Laga;
Maria Endang Jamu
Jurnal Ekonomi Modernisasi Vol. 16 No. 3 (2020): Oktober
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang
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DOI: 10.21067/jem.v16i3.5037
This study aims to analyze the variables that influence purchase interest in traditional markets in terms of location, product diversity, price, and service quality variables. This type of research uses a quantitative approach. The research was carried out by comparing the three traditional markets including Wolowona Market, Potulando Market and Mbongawani Market which are located in Ende Regency. The study will be conducted on 270 respondents who are consumers who carry out activities in the three markets who are selected by using the random sampling technique. The research will be conducted by Confirmatory Factor Analysis using Structural Equation Modeling (SEM) with AMOS 23 software. The results show that the three traditional markets have certain characteristics that affect buying interest. In Wolowona Market and Potulando Market, the location variable is the dominant factor affecting buying interest, in contrast to the Mbongawani Market, the price variable is the main reason for people to buy. The recommendation of this research is the need for consideration for traditional market managers in Ende Regency in determining the location and placement of traders according to the product variants sold in the traditional market, as well as price control from the government for the community in meeting their needs.