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JMM17: Jurnal Ilmu Ekonomi dan Manajemen
Published by Universitas 17 Agustus 1945 Surabaya
ISSN : -     EISSN : 23557435     DOI : https://doi.org/10.30996/jmm.v7i01
Core Subject : Economy,
Economics, Econometrics & Finance
JMM17: Jurnal Manajemen Indonesia accepts manuscript research results in the fields of financial management, operational management, marketing management, and human resource management, but not limited to Human Resource, Marketing Management, Financial Management, Operasional Management, Strategic Management, Economy
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 171 Documents
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THE ROLE OF CUSTOMER EXPERIENCE IN MEDIATING THE INFLUENCE OF SERVICE QUALITY, PLACE IMAGE, AND PROMOTION ON REVISIT INTENTION AT PUMARA BANGKALAN CULINARY CENTER Farida, Ilya; Ady, Sri Utami; Sayidah, Nur
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.132885

Abstract

The purpose of this study was to examine the impact of place image, promotion, and service quality on revisit intention at the Pumara Culinary Centre, Bangkalan by using customer experience as the mediating variable. A quantitative approach was employed with an explanatory research design. A total of 150 respondents were chosen by purposive sampling, and the population study consisted of tourists who visited Pumara Bangkalan at least twice. SEM-PLS, or structural equation modeling-based partial least squares, was used to analyse the data. The findings indicated that while promotion had no major impact on customer experience, service quality and place image do. Customer experience, on the other hand, had a favourable and important influence on the intention to revisit. According to analysis mediation, customer experience influenced service quality and place image to revisit intention, However, promotion had a little effect on revisit intention. The results indicated that quality service and the location's image were the major aspects that shape customer experiences and drove return visits. In addition, promotion was unable to generate meaningful emotions in visitors.
The Effect of Capital Structure ana Digital Transformation on the Financial Performance of MSMEs with Government Policy as a Moderating Variable Ardaniswara, Octaviana; Purnamasari, Puji Endah
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.132934

Abstract

This study aims to examine how capital structure and digital transformation influence the financial performance of Micro, Small, and Medium Enterprises (MSMEs), with government policy positioned as a moderating variable. The research subjects were MSMEs in the culinary sector operating in Lowokwaru District, Malang City, with a population of 2,786 businesses. A sample of 350 MSME owners was obtained using the Slovin formula and selected using a purposive sampling technique. Data were collected through a structured questionnaire and analyzed using the Partial Least Squares – Structural Equation Modeling (PLS-SEM) approach. The results indicate that capital structure and digital transformation have a positive influence on MSME financial performance. Conversely, government policy was found to have neither a direct influence nor a moderating role in the relationship between the independent variables and financial performance. These findings confirm that MSME financial performance relies more on the internal capabilities of managers in optimizing capital use and utilizing digital echnology, rather than external government support. The novelty of this research lies in the integration of three theoretical foundations Modigliani Miller, Technology Acceptance Model (TAM), and Institutional Theory into a single analytical framework to assess both internal and external factors influencing the financial performance of MSMEs. This research contributes to the development of management science by providing empirical evidence that an effective capital structure and the adoption of digital technology play a strategic role in the financial sustainability of MSMEs. This research also emphasizes the need for more adaptive, accessible, and targeted government policies to improve digital readiness and support the growth of culinary MSMEs.
A Community Empowerment Paradigm Model for Sustainable Welfare of Shallot Farmers in Sumenep Wulandari, Nurlaily; Zuhri, Ach.; Amatillah, Holifah
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.132962

Abstract

This study aims to analyze the influence of Accessibility and External Access, Farmer Capacity Building, and Social and Institutional Participation on Community Empowerment Paradigm and Farmer Welfare, and to test the mediating role of Community Empowerment Paradigm in efforts to improve the welfare of shallot farmers in Sumenep. This study uses a quantitative approach with a survey method on shallot farmers, while data analysis is carried out using the Structural Equation Model (SEM) to test the direct and indirect relationships between variables. The results show that Accessibility and External Access and Farmer Capacity Building have a significant effect on Community Empowerment Paradigm, but only Farmer Capacity Building is proven to have a significant direct effect on Farmer Welfare. Conversely, Accessibility and External Access, Social and Institutional Participation, and Community Empowerment Paradigm do not have a significant effect on farmer welfare. In addition, Community Empowerment Paradigm is unable to mediate the influence of Accessibility and External Access, Farmer Capacity Building, or Social and Institutional Participation on Farmer Welfare. These findings indicate that the community empowerment that occurs is still social and institutional in nature, and has not yet transformed into economic empowerment that has a direct impact on welfare
Mediated Effects of Social Media Characteristic on Gen Z Job Application Intentions Puja, Ni Made Puja Cista Dewi; Tandelilin, Elsye; Rianawati, Andri
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.132993

Abstract

The development of social media has changed corporate strategies in attracting potential employees, especially from Generation Z, who are highly dependent on digital information in making career decisions. The purpose of this study is to examine how social media features affect Generation Z's intention to apply for jobs, taking into account the direct and mediated effects of employer branding, person-organization fit, and corporate reputation. This study uses a quantitative methodology by surveying unemployed final-year students and recent Generation Z graduates in East Java. Data was collected via an online survey, and analysis occurred using the Structural Equation Modeling–Partial Least Squares (SEM-PLS) approach. The results show that social media charac…
Initiating Green Waqf Finance in Waqf Forests: A Sharia-Based Financing Model for the Sustainability of the People's Economy, Ecology, and Ecosystems Wulansari, Yuli Yanti; Andriyanto, Wahyu Ari; Ningrum, Dewi Agustya; Syifd, Nabila Mirza; Billae, Muhammad Arif
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.133231

Abstract

This research aims to develop a financing model for waqf forest management based on Sharia accounting to support economic, ecological, and ecosystem sustainability. The use of waqf in Islam has evolved from a consumptive function to a productive social financial instrument. In this research, waqf forests are a strategic innovation that not only has ecological value but also has the potential to provide sustainable economic benefits to the community. However, a structured financing model that complies with Sharia accounting principles is not yet available, even though financial transparency and accountability are crucial for managing natural resource-based waqf. This research proposes the development of a Green Waqf Finance Model, a waqf financing scheme that integrates Sharia accounting standards (PSAK 112 and AAOIFI), the principles of maqasid sharia, and a green finance approach. Using exploratory qualitative methods and a case study of the waqf forest in Ngembat Village, Mojokerto, this research explores actual practices, formulates relevant accounting principles, and develops a waqf reporting framework that integrates spiritual, economic, social, and ecological dimensions. The novelty of this research lies in the rarely researched subject of waqf forests, the integration of the triple bottom line in waqf reporting, and its contribution to the Sustainable Development Goals (SDGs) agenda. The final results are expected to serve as academic and practical references for waqf managers, regulators, and Islamic financial institutions in developing fair, transparent, and sustainable financing systems.
The Faith-Based Digital Entrepreneurial Ecosystems: Integrating Institutional Logics, Digital Transformation, and Social Capital for Economic Empowerment in Indonesian Pesantren Harjono, Harjono; Martomo, Yitno Puguh; Wardana, Dion Candra; Supriadi, Bambang
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.133368

Abstract

The study case is meant to explore the process of how pesantren (Islamic boarding school) in Indonesia can improve from conventional religious institution to produce economic empowerment by creating digitally supported entrepreneurial ecosystem. Drawing on institutional logics theory and digital transformation and entrepreneurial ecosystem research, this study develops a construct which informs the development of the Faith-Based Digital Entrepreneurial Ecosystem (FBDEE) model a framework aiming at an empirical validation. This exploratory research examines the interaction dynamics of the antecedents and consequences relationships between digital transformation, institutional capability as its pre-requisites based on survey data from many pesantren with their active business units. Another aspect is Social capital of the Islamic society also carve the behaviour forming ecosystem which design fundamentally economic empowerment. The results indicate digital transformation facilitates institutional capacity-building and correlates with direct enhancements to entrepreneurship ecosystem development. Institutional capability and Islamic social capital further facilitate ecosystem development opportunities, while the most significant predictors relating to economic empowerment (such income go generation; employment creation; sense of belonging to community) seem to be closely related with a democratisation process of an ecosystem formation. The mediation analysis shows that digital transformation works on economic empowerment mainly through the formation of ecosystems, whilst Islamic social capital positively moderates this mediator with digital transformation. As such, the study contributes theoretically to the literature by offering a novel theoretical perspective when integrating religious institutional logics with digital entrepreneurship and ecosystem frameworks in an emerging economy setting. It suggests that the interplay between digital modernization and what has been described as hybrid governance and trust-based networks is more complementary than diverging, such that this underpins a belief in particular faith–based institutional legitimacy. More concretely the findings provide policy relevant insight for capitalizing on pesantren as a couture-bound enabler of economically inclusive connectedness development meeting conducive ends in a grounded economic sense.
An Analysis of Factors Affecting the Growth of The Non-Star Hotel Tourism Sector in North Kalimantan Yustie, Renta; kiak, Novi theresia; Maak , Clarce S.; Riwu, Yonas Ferdinand
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.133446

Abstract

The tourism sector plays an important role in driving regional economic growth in North Kalimantan by absorbing labor and attracting both domestic and international tourists, which contributes to the Gross Regional Domestic Product (GRDP) of the accommodation and food and beverage sub-sector. Tourism development is supported by the availability of restaurants, accommodation facilities, and bedrooms, which act as key drivers of tourism activities, particularly in the non-star hotel sector. This study aims to analyze the factors influencing the growth of non-star hotel tourism in North Kalimantan. The GRDP of the accommodation and food and beverage sub-sector is used as the dependent variable to represent sector growth, while the number of restaurants, accommodation establishments, and bedrooms serve as independent variables. The study covers the period from 2018 to 2023 across five districts/cities: Malinau, Bulungan, Tana Tidung, Nunukan, and Tarakan. Panel data regression analysis is applied using CEM, FEM, and REM models. The results indicate that restaurants, accommodation, and bedrooms have a significant positive effect on the growth of the non-star hotel tourism sector.
Environmental, Social, and Governance Disclosure, Financial Performance, and Control Mechanisms: Determinants of Green Banking Disclosure in Indonesia Wulandari, Ika; I Gusti Ayu Lia Yasmita; Endang Sri Utami
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.133449

Abstract

The concept of Environmental, Social, and Governance (ESG) is increasingly gaining attention as an important factor in banking business strategies. Banks worldwide are beginning to adopt sustainability principles, including Green Banking Disclosure. This study aims to determine the effect of ESG Disclosure, Financial Performance, and Control Mechanisms on Green Banking Disclosure in Banking Companies in Indonesia. The population of this study is Banking Companies listed on the Indonesia Stock Exchange. The sample for this study was selected using a purposive sampling method and comprised 12 companies, with an observation period of 2017-2023. Data analysis used PLS regression. The study's results indicate that ESG disclosure, financial performance, and public ownership influence Green Banking Disclosure. Meanwhile, the Audit Committee does not affect Green Banking Disclosure. These findings provide direction for banks: ESG disclosure, financial performance, and public ownership need to be prioritized to encourage Green Banking Disclosure.
The Role of Risk Management as an Intervening Variable in the Influence of Project Manager Competence and Internal-External Factors on Project Success in Gresik, Indonesia Trisulistyorini, Diyah; Sutinem; Titin
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.133473

Abstract

This study aims to analyze the influence of Project Manager Competence, Internal Project Factors, and External Project Factors on Project Success, both directly and indirectly, through Risk Management as a mediating variable. This study employs a quantitative approach using a survey method. Data were collected through questionnaires distributed to respondents involved in project management. Data analysis was conducted using Structural Equation Modeling (SEM) based on Partial Least Squares (PLS) to examine the relationships between variables and test the research hypotheses. The results show that Project Manager Competence and Internal Project Factors do not have a significant direct effect on Project Success. However, Project Manager Competence has a positive and significant effect on Risk Management and has an indirect effect on Project Success through Risk Management. Internal Project Factors have no significant effect, either directly or indirectly. Meanwhile, External Project Factors have a positive and significant effect on both Project Success and Risk Management. Furthermore, Risk Management is proven to have a positive and significant effect on Project Success. This study concludes that Risk Management plays a strategic role in enhancing Project Success, both as an independent variable and as a mediating variable in project management
Constructing Digital Financial Trust in SMEs within Emerging Economies: A Grounded Theory Study Baidowi, Muhammad
JMM17 : Jurnal Ilmu ekonomi dan manajemen Vol. 13 No. 1 (2026): April
Publisher : Universitas 17 Agustus 1945 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30996/jmm17.v13i1.133489

Abstract

The rapid expansion of digital financial services has transformed the financial landscape for small and medium-sized enterprises (SMEs), particularly in emerging economies. Despite increased accessibility, the issue of trust remains a critical barrier to the effective adoption and sustained use of digital financial platforms. Existing studies have largely approached trust from a quantitative or technology acceptance perspective, offering limited insight into how trust is socially constructed and experienced by SMEs in practice. Addressing this gap, this study employs a grounded theory approach to explore the processes through which SMEs construct digital financial trust within complex and often uncertain institutional environments. Drawing on in-depth interviews and iterative data analysis, this research develops a process-based theoretical model that explains how trust emerges through the interplay of experiential learning, social influence, perceived risk negotiation, and platform interaction. The findings reveal that digital financial trust is not a static attribute but a dynamic and contextually embedded process shaped by both technological affordances and socio-institutional conditions. SMEs actively negotiate trust by balancing perceived benefits with concerns over security, transparency, and reliability, while leveraging peer networks and prior experiences to reduce uncertainty. This study contributes to the literature by advancing a grounded, process-oriented understanding of digital financial trust, extending beyond dominant adoption models. It also offers practical implications for policymakers, fintech providers, and development institutions seeking to enhance financial inclusion and digital transformation among SMEs in emerging economies.

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