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Contact Name
Karona Cahya Suseno
Contact Email
karona.cs@unived.ac.id
Phone
+6281373154399
Journal Mail Official
j.ekombisreview@gmail.com
Editorial Address
Jl. Meranti Raya No. 32. Sawah Lebar, Kota Bengkulu
Location
Kota bengkulu,
Bengkulu
INDONESIA
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis
ISSN : 23388412     EISSN : 27164411     DOI : https://doi.org/10.37676/ekombis.v8i1.926
Ekombis Review: Jurnal Ilmiah Ekonomi dan Bisnis is a peer-reviewed journal. Ekombis invites academics and researchers who do original research in the fields of economics, management, and accounting.
Articles 1,559 Documents
Comparative Analysis Of Machine Learning And Deep Learning Models Integrated With Altman Z-Score For Financial Distress Prediction In Companies Listed On The Indonesia Stock Exchange (IDX) Fadly Muhammad Irvan; Raden Supriyanto
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5478

Abstract

Financial distress is a condition in which a company experiences a decline in its financial situation, which is typically temporary. However, financial distress can worsen if not promptly addressed, leading to bankruptcy. Early identification of potential financial distress in a company is crucial for stakeholders such as investors, creditors, and regulators. In practice, predicting financial distress in a company is not an easy task. One of the methods commonly used to identify early symptoms of financial distress is the method introduced by Altman in 1986. Altman's research model, known as the Z-Score, determines a value based on standard calculations of financial ratios to indicate the likelihood of a company experiencing bankruptcy. The use of artificial intelligence, such as deep learning, can enhance the scope of research on the analysis and prediction of financial distress. This study aims to conduct a comparative analysis of machine learning models, such as the K-Nearest Neighbor Classifier and Random Forest Classifier, and deep learning models, such as Convolutional Neural Networks (CNN) and Recurrent Neural Networks (RNN). This analysis is carried out to evaluate the success rate of the proposed deep learning models in predicting financial distress in companies operating in Indonesia. Based on the conducted research, the K-Nearest Neighbor Classifier algorithm achieved an accuracy of 77.42% during testing and 88.89% during validation, the Random Forest Classifier algorithm achieved an accuracy of 87.09% during testing and 95.24% during validation, the CNN model achieved an accuracy of 95.16% during testing and 96.83% during validation, and the RNN model achieved an accuracy of 93.55% during testing and 96.83% during validation. Based on these results, the deep learning method has a higher average success rate than machine learning models in predicting financial distress.
The Impact Of Fundamentals And Technical Analysis On Stock Returns In Banking Companies Listed For Indonesia Stock Exchange 2013-2022 Muhammad Rizki Alwi Ardana; Wisnu Panggah Setiyono; Sriyono Sriyono
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5505

Abstract

This study aims to provide understanding, knowledge, and testing of the Effect of Fundamental Factors Analysis and Technical Analysis on Stock Returns of Banking Companies listed on the Indonesia Stock Exchange for 2013-2022. The sampling technique used purposive sampling using the documentation model and data collection totaling 7 banking companies listed on the Stock Exchange and 70 total samples of banking companies in the 10-year time frame. The data analysis technique used in the data processing software is Eviews 12, using a linear regression model. The results of this study from the tests that have been carried out show that fundamental components such as price to sales ratio do not affect Stock Returns, Earnings per Share has an effect on Stock Returns, Cash Flow From Operation affects Stock Returns and technical components such as Trading Volume affects Stock Returns, and Market Capitalization does not affect Stock Returns.
Accounting Information System In The Decision-Making Of Fixed Asset Investments At PT. Sawit Jujuhan Abadi (Asian Agri Group) Edy Prabowo; Eka Siskawati; Nurul Fauzi
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5507

Abstract

This research delves into the pivotal role of Accounting Information Systems (AIS) in the decision-making process concerning fixed asset investments at PT. Sawit Jujuhan Abadi, a subsidiary of the esteemed Asian Agri Group. The study aims to scrutinize the existing practices of AIS within the company and assess the managerial readiness to adopt the E-Capex Accounting Information System model. This model is specifically designed to facilitate effective decision-making in the realm of fixed asset investments. Through an in-depth analysis, the research endeavors to provide valuable insights into the utilization of AIS, shedding light on its impact on decision-making processes related to fixed asset investments. The study anticipates contributing practical knowledge to the management of PT. Sawit Jujuhan Abadi, empowering them to make more informed and strategic decisions. Furthermore, the research seeks to enhance the broader understanding of AIS applications in the dynamic context of fixed asset investments within the Asian Agri Group.
Proposed Methodology For Indonesian State-Owned Enterprises To Conduct Corporate Spin-Off Adrian Pasca; Dermawan Wibisono; Ima Fatima; Taufik Faturohman; Herry Hudrasyah; Alpha Pudjono
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 3 (2024): Juli
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i3.5509

Abstract

This research addresses the absence of a formal framework for compliance with corporate spin-offs within Indonesian state-owned enterprises (SOEs). Focusing on a real issue within a state-owned aviation company, the study proposes a comprehensive methodology for SOEs to navigate spin-offs, ensuring adherence to regulatory requirements. By collecting and interpreting relevant regulations and conducting interviews where guidelines are unclear, the research establishes detailed flowcharts outlining the step-by-step procedure. The suggested solution involves following these flowcharts, considering five critical aspects, including government regulation and business law, to successfully implement spin-offs. It is important to note that the proposed methodology is specific to Indonesian state-owned enterprises and is based on government regulations as of November 2023. Users should adapt the methodology in case of regulatory amendments or new compliance-related issues. The research, however, focuses solely on the steps leading to the commencement of new entity operations and does not extend beyond this phase.
Stock Price Synchronicity And Institutional Ownership: The Role Of Sustainability Reporting, Political Connection, And Leverage Muhamad Haidar Feryan; Muhammad Nuryatno Amin
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5514

Abstract

This research study is aimed to evaluate how institutional ownership affects the degree of correlation among stock prices, as well as the influence of sustainability reporting, political connections, and leverage. The study takes sample data from companies that were on the LQ45 index at the end of the year, or December 31, for the years 2019–2022 using purposive sampling method. Hypothesis testing uses a multiple linear regression analysis model in the form of a moderated regression analysis (MRA) to test moderator variables. The findings indicated that leverage has negative effect on stock price synchronicity, while neither sustainability reporting nor political connections influenced stock price synchronicity. Institutional ownership as a moderating variable is able to strengthen the negative influence of leverage on stock price synchronicity, On the other hand, the presence of institutional ownership does not have an ability to impact the correlation between sustainability reporting and political relationships on stock price synchronicity
The Influence Of Technology Orientation On Performance Is Mediated By Innovation In MSMES Results From Melinjo Processing In Menes Banten M. Fadhli Nursal; Maidani Maidani; Chistophorus Indra Wahyu Putra
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 3 (2024): Juli
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i3.5515

Abstract

This study analyzes the role of mediation of innovation in the influence of, technological orientation on the performance of MSMEs melinjo in the village of Menes Pandeglang, Banten. This research uses quantitative methods and statistical analysis tools in the form of smartpls 4.0. This study used a sampling technique in the form of accidental sampling as many as 90 entrepreneurs who processed melinjo. The results of this study found that there was an mediating of innovation on influence of technology orientation on performance of MSMEs melinjo in the village of Menes Pandeglang, Banten. Other results explain that the no influence of technology orientation on performance in direct effect. This research focuses on the role of performance of MSMEs processed melinjo. In addition, the focus of this research is on the village of Menes, which is one of the villages in Pandegelang, Banten. The novelty in this study is that apart from the object of research, it is also a research model that has never been studied before.
Characteristics Of Youth Unemployment: Before And During The Covid-19 Pandemic In Indonesia Cindy Aprilia; Yulia Anas
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5521

Abstract

This research aims to investigate the characteristics of young unemployment before and during the covid-19 pandemic in Indonesia, as well as to identify changes in the characteristics of young unemployment during this period. Young unemployment refers to individuals within the labor force, actively seeking employment, aged between 15 and 24 years, and not attending school. The study utilizes raw data from the Indonesian National Labor Force Survey (SAKERNAS) for the periods of August 2019 and 2020. To achieve these objectives, a binary logistic regression analysis with interaction effects is employed. The research findings indicate that young individuals within the labor force who are characterized as female, unmarried, have attained a minimum level of high school education, have not participated in any training, and possess work experience are more likely to experience unemployment before and during the covid-19 pandemic. Moreover, the occurrence of the covid-19 pandemic in 2020 has indeed had a significant impact on youth unemployment in Indonesia. The changes in the characteristics of youth unemployment during the pandemic are observed among young individuals within the labor force who are unmarried, have work experience, and reside in rural areas.
The Influence Of Organizational Culture, Organizational Commitment, And Organizational Communication On Employee Performance At PT. PLN (Persero) UP3 Sidoarjo Fita Widi Rahmawati; Kumara Adji Kusuma; Rifdah Abadiyah; Sumartik Sumartik
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5540

Abstract

The increasing electricity demand requires electricity companies to achieve the specified targets in meeting stakeholder needs by improving the quality of Human Resources through various aspects. This study aims to determine the effect of organizational culture, organizational commitment, and organizational communication on employee performance at PT PLN (Persero) UP3 Sidoarjo. This research uses quantitative research. The population in this study were all employees of PT PLN (Persero) UP3 Sidoarjo as many as 95 employees. The sampling technique uses total sampling where all members of the population are taken as samples. The type of data used in this study is primary data obtained through distributing questionnaires and secondary data. The results of this study indicate that 1) organizational culture partially has a positive and significant effect on employee performance, 2) organizational commitment partially has a positive and significant effect on employee performance, 3) organizational communication partially has a positive and significant effect on employee performance, 4) organizational culture, organizational commitment, and organizational communication simultaneously have a positive and significant effect on employee performance at PT PLN (Persero) UP3 Sidoarjo
Design Of The Sharia Insurance Study Program Research Roadmap: R&D Model Atika Atika; Nurul Jannah; Nurul Inayah
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5547

Abstract

The significance of the research roadmap's position within the study program stems from the fact that it serves as a guide, control, and assurance of the research quality for lecturers and students. Obtaining a research roadmap development design for the sharia insurance study program is the objective of this investigation. This research employs a qualitative approach. Qualitative analysis was employed to examine the data utilizing the 4D model in conjunction with the R&D (Research and Development) method. The research findings indicate that the formulation of the Research Roadmap Design for the Sharia Insurance Study Program was influenced by the following factors: the Scientific Vision of the program, the Field of Expertise of the Lecturers, ARKAN, industry needs and graduate profiles, and research topics conducted by both students and faculty. The research conducted by lecturers at Homebase remains below 50% compliant with the research roadmap outlined for the sharia insurance study program. The research road map indicates that fifty percent of students have completed sharia insurance study programs; however, a substantial amount of research remains that centers on the identical subject matter. Consequently, further deliberation is required to select and disseminate the remaining themes outlined in the research roadmap for sharia insurance study programs
Development Of The Marketing Reciprocal Value Concept For Msme Performance Andriyansah Andriyansah; Fatia Faimah; Emiliana Sri Pudjiarti
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 12 No 2 (2024): April
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v12i2.5559

Abstract

The purpose of the research is to find out whether there are other strategies that can be done by companies to maintain and improve their performance. Three things that become important points of this research are the inconsistency in the implementation of strategies that can improve and even reduce the Company's performance, but other indications of business competition performance assessment show positive signals of the movement of the Indonesian business world. Researchers suspect that there are other strategies besides innovation that can improve performance. using a qualitative approach by exploring various literacies related to reciprocal. In addition, to support the research results, this study uses reliable respondents with the criteria being MSME actors who have run their businesses for 2 years. This research found a reciprocal concept that can improve the performance of MSMEs. Novelty in this research includes Reciprocity of Pricing, Reciprocity of Skill and Reciprocity of value product. The concept found is expected to improve relations between business people, the agreement between business people can improve the marketing performance of MSMEs.

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