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JURNAL EKONOMI DAN BISNIS AIRLANGGA
Published by Universitas Airlangga
ISSN : 23382686     EISSN : 25974564     DOI : -
Core Subject : Economy,
JURNAL EKONOMI DAN BISNIS AIRLANGGA (J E B A) | JOURNAL OF ECONOMICS AND BUSINESS AIRLANGGA (Formerly Majalah Ekonomi) (p-ISSN: 2338-2686; e-ISSN: 2597-4564) is a scientific peer-reviewed journal published by Faculty of Economics and Business, Universitas Airlangga, Indonesia. Since established in 1981, JEBA is intended provide a medium for dissemination of original and quality research on various topic in economics and business. The journal calls for articles reporting the research result on accounting, economics, islamic economics and management, and other related fields to be published three times a year (April, August and December). JEBA welcomes for collaboration with profession assocations, research centers and scientific forum such as seminar and confrences.
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Articles 150 Documents
CASH WAQF FOR MICROFINANCE: A BIBLIOMETRIC ANALYSIS Aini, Zahriya Nurul
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 1 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I12024.148-164

Abstract

Introduction: Waqf is one of the Islamic social financial instruments, having the distinctive characteristic that waqf assets are donated voluntarily by the wakif and are permanently designated for social benefits. Waqf can be used for productive or commercial activities to generate profits by Sharia law. Cash waqf can play a role in supporting the overall development process, both in human resource development, as well as in economic and social development. This study tries to explore the role of cash waqf for microfinance which can subsequently help the people's economy. Methods: The research method used in this research is quantitative research with bibliometric analysis. Data sources collected secondary data obtained from the Google Scholar database. Data were obtained using Publish or Perish (POP) software and analyzed using VOSviewer software. Results: The results of this research show that, from data searches using the keywords "cash waqf", "microfinance" and "sharia microfinance" by limiting 500 papers in the 2010-2024 time period, the words "microfinance institutions" are the most frequent keywords, indicated by a darker color than other keywords. Conclusion and suggestion: Based on the results and analysis, it can be concluded that, from year to year, research on the topic of cash waqf for microfinance is most often used. However, research on the topic of cash waqf for Sharia microfinance is still limited. Therefore, future research can be carried out regarding cash waqf for sharia microfinance. Cash waqf plays an important role in supporting the overall development process, both in human resource development, as well as in economic and social development. The potential of cash waqf can be used as a means of economic empowerment for lower-middle-class communities with the role played by microfinance institutions.
FINANCIAL LITERACY, INFORMALITY, AND SMALL BUSINESS OPERATIONAL PERFORMANCE IN ZIMBABWE Taruvinga, Rutendo; Sakarombe, Upenyu
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 1 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I12024.165-182

Abstract

Introduction:  The exponential growth of small and medium enterprises (SMEs) in many developing economies is a well-documented phenomenon in business literature. However, research indicates that the expansion of most SMEs is hindered by financial illiteracy and high levels of informality, posing significant challenges to their performance and long-term sustainability. Concerns arise from the fact that only a small fraction of these enterprises successfully transition into larger firms. This study sought to address these issues by investigating the levels of financial literacy among 120 SMEs operating in Harare and Bindura, taking into account the pervasive informality within the sector. The research also aimed to evaluate the relationship between financial literacy and SME operational performance. Methods: Employing a quantitative approach within an explanatory research design, data collection was facilitated through a structured questionnaire. To capture the diverse landscape of SMEs operating in an informal context, both purposive and convenience sampling methods were utilized to select participants for the survey. Descriptive and inferential analyses were conducted using SPSS software. Results: The findings of the study revealed a significant positive impact of financial literacy on SME operational performance, indicating that advanced financial literacy can contribute to enhanced business outcomes. Moreover, the research observed an improvement in financial literacy within SME operations, evidenced by increased awareness and application of financial management skills. Conclusion and suggestion: The study recommends that efforts to promote financial literacy among SMEs should be intensified through advanced financial education initiatives, awareness campaigns, and enhanced financial inclusion strategies. Financial service providers are encouraged to play a proactive role in supporting SME growth by investing in financial awareness programs, funding educational initiatives, and actively engaging SMEs in key economic policy frameworks. Ultimately, SMEs are urged to fully embrace financial literacy as a fundamental pathway for achieving sustainable growth and long-term business success amidst the challenges of informality.
Front Matter Volume 34, No.1, December – May 2024 Rusgianto, Sulistya
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 1 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I12024.%p

Abstract

THE INFLUENCE OF SERVANT LEADERSHIP ON FOLLOWERS’ CREATIVITY WITH CLIMATE FOR CREATIVITY AS MEDIATION Atmoko, Tsamarah Dzubyanni; Tjahjono, Heru Kurnianto
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 2 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I22024.183-195

Abstract

Introduction: As a developing nation, Indonesia persists in its endeavors to boost national growth, including initiatives to support the creative industry through startup companies. This research aims to examine the impact of servant leadership on followers’ creativity, with climate for creativity as the mediating factor. Methods: This research is a quantitative study using primary data obtained through a questionnaire survey from 178 employees working in 73 Indonesian startup companies. The sampling method was purposive sampling. The collected data were then processed and analysed using SEM-PLS. Results: The results revealed the significance of climate for creativity as a full mediator in the relationship between servant leadership and followers’ creativity, meaning that servant leadership has an indirect influence on followers’ creativity through climate for creativity. These findings suggest that leaders who adopt servant leadership styles can enhance followers’ creativity through climate for creativity. Conclusion and suggestion: This study found that servant leadership's impact on startup employees' creativity is fully mediated by the perceived climate for creativity. This implies that by fostering a climate supportive of creativity—through flexible work environments, recognition of creativity, and resource provision—servant leaders indirectly enhance employee creativity. Thus, when servant leaders cultivate a climate for creativity, it boosts the creativity of startup employees in their work.
DIGITAL BANKING ADOPTION, BANK SIZE, AND BANK PERFORMANCE IN INDONESIA Setiawan, Rahmat; Prakoso, Leonardus
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 2 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I22024.196-207

Abstract

Introduction: The adoption of technology has become prevalent in the banking sector. This research investigates the potential correlation between the implementation of digital banking adoption and the bank performance (Return on Assets and Operational Efficiency Rasio), while considering the factor of bank size. Methods: This research utilizes panel data regression to assess the effect of digital banking adoption on the performance of banking firms. Additionally, it explores whether the bank size influences the strength of the relationship between the independent and dependent variables. Results: Digital banking adoption (DBA) has a significant negative impacts Return on Assets (ROA) and has a significant positive effect on the Operational Efficiency Ratio (BOPO). The bank size weakens the negative impact of DBA on ROA; the bank size also weakens the positive impact of DBA on BOPO. Conclusion and suggestion: This study demonstrates the occurrence of the profitability paradox and economies of scale in Indonesian banking companies. For decision-makers in banking companies, these findings can be considered when determining the optimal company size to enhance digital banking adoption and improve banking performance.
DETERMINANTS OF INCLUSIVE GROWTH IN G20 COUNTRIES WITH GENDER INEQUALITY INDEX AS A MODERATING VARIABLE Putra, Aji Binawan; Muhdir, Ibnu
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 2 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I22024.208-228

Abstract

Introduction: Inclusive growth involves substantial discussions aimed at fostering inclusivity in global society. This research is important because it seeks to explain inclusive growth driven by investment, government spending, and trade openness, with the gender inequality index as a moderating variable in G20 countries over the period from 2007 to 2021. Methods: This research is a quantitative study using Ordinary Least Squares (OLS) regression and Moderated Regression Analysis methods (MRA). Results: The findings from the three variables included in this study indicate that two variables can influence inclusive growth, namely government spending and trade openness, while the investment variable does not affect inclusive growth. Conclusion and suggestion: This is due to the fact that G20 countries have not been able to realize the impact of investment rates on inclusive growth. In addition, the gender inequality index is capable of moderating the influence of government spending on inclusive growth. Thus, in creating inclusive growth, the government must be able to allocate its funds wisely and equitably to all elements of society, both men and women.
INTENTION TO USE M-WALLET APPLICATION: AN ADJUSTED MEASUREMENT OF FACILITATING CONDITIONS Hernando, Hendrick; Prabowo, Suryo Hadi Wira; Hastuti, Farida Tri
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 2 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I22024.229-239

Abstract

Introduction: M-wallets have become the most prominent financial technology in Indonesia. Thus, discerning the behavioral intention of using m-wallet apps and the related determinants is essential. This study proposes an extended indicator for facilitating conditions to fill the identified gap in previous studies. The influence of facilitating conditions on usage intention is also examined.  Methods: This study employed PLS-SEM to validate our proposed indicator and research hypothesis. 122 m-wallet users in Madiun participated as the research respondents. Data from the respondents was analyzed through reflective and structural assessments.  Results: The findings identified that the QR code policy was valid and reliable as an indicator for facilitating conditions. Through the structural model assessment, the impact of facilitating conditions on usage intention was found to be significant.   Conclusion and suggestion: As a novel contribution, this study has provided the QR code policy as an extended indicator. In this situation, the government plays a consequential role in increasing m-wallet penetration. Moreover, m-wallet providers are suggested to take into consideration facilitating conditions, including user guidance and smartphone compatibility.
RELIGIOUSITY, LOCATION, AND ISLAMIC WORK PERFORMANCE: THE CONNECTION BETWEEN INDONESIAN AND MALAYSIAN EMPLOYEES Fahrullah, A'rasy; Anwar, Moch. Khoirul; Suryaningsih, Sri Abidah; Fahmi, Moh. Farih; Masrizal, Masrizal; Mohd Noh, Mohd Shahid bin
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 2 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I22024.240-251

Abstract

Introduction: In today's dynamic era, tight competition urges a comprehensive analysis of company success factors with an emphasis on high-quality human resources, employee performance, religiosity, and workplace location's impact on performance. Methods: This explanatory research uses a quantitative approach, surveying 259 urban Muslim employees in Indonesia and Malaysia online from May to August 2023 via random sampling and SEM analysis. Results: Using WarpPLS, this study found that work location significantly affects both religiosity and Islamic work performance, confirming H1 with a coefficient of 0.502 (p-value <0.001) and H2 with a coefficient of 0.573 (p-value <0.001). However, H3 is rejected, as religiosity does not significantly affect Islamic work performance (coefficient 0.082, p-value 0.245). Conclusion and suggestion: Work location significantly affects employee religiosity and Islamic work performance, with urban and closer locations enhancing these aspects. However, religiosity does not directly impact performance, indicating a complex relationship. Managers should consider location in recruitment, support religious practices, and investigate these dynamics while integrating religious values in training programs.
DETERMINATION OF DISCLOSURE OF ISLAMIC SOCIAL REPORTS AT SHARIA BANK IN INDONESIA Faiz, Ayatur Muhammad; Sukmaningrum, Puji Sucia
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 2 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I22024.252-267

Abstract

Introduction: This study aims to determine the effect of profitability, bank size, bank age, debt to asset ratio, and syirkah funds to partially and simultaneously reveal Islamic Social Reporting on Islamic banks in Indonesia. Methods: This study uses a quantitative method with panel data regression analysis with EViews 12. The population used in this study is Islamic banks in Indonesia. Results: This study partially shows that profitability, Islamic bank size, and debt to asset ratio are not significant in Islamic Social Reporting disclosure. Meanwhile, the age of Islamic banks and temporary syirkah funds has a positive and significant effect on the disclosure of Islamic Social Reporting. Simultaneously, profitability, bank size, bank age, debt-to-asset ratio, and temporary syirkah funds have a significant positive effect on the disclosure of Islamic Social Reporting in Islamic banks in Indonesia in 2016-2021. Conclusion and suggestion: This study reveals that Islamic Social Reporting (ISR) disclosure in Indonesian Islamic banks is significantly influenced by bank age and temporary shariah funds, rather than profitability, size, or debt ratio. The findings highlight the importance of long-term commitment and stakeholder engagement in enhancing ISR practices, offering valuable insights for policymakers and stakeholders.
THE INFLUENCE OF GREEN ACCOUNTING, CORPORATE SOCIAL RESPONSIBILITY AND PROFITABILITY ON FIRM VALUE Dahlia, Ake; Hadiwibowo, Imam; Azis, Mohammad Taufik
Jurnal Ekonomi dan Bisnis Airlangga Vol. 34 No. 2 (2024): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V34I22024.268-283

Abstract

Introduction: This study aims to determine the effect of green accounting, corporate social responsibility and profitability on firm value. Methods: This research uses a quantitative method with a descriptive approach, with a research sample of 18 energy sector companies listed on the Indonesia Stock Exchange between 2021-2023. The data used is secondary data. This research uses Eviews 8 software to test panel data regression. Results: The results showed that green accounting and CSR have no effect on firm value. However, profitability has a significant effect on firm value, which shows that higher profitability will increase shareholder wealth and company valuation. Conclusion and suggestion: This study concludes that although profitability plays an important role in determining firm value, currently green accounting and CSR disclosure have no significant effect on firm value due to data limitations and investor priorities. Future research should be expanded to include additional factors, such as environmental performance and investment decisions, and increase the sample size for broader generalization. Companies are advised to increase transparency and standardization in environmental reporting to build stakeholder trust and strengthen their market position.