Pub Date : 2022-03-02DOI: 10.22219/jiko.v7i02.19034
Mertha Pessela, Erika Haryulistiani Saksono
This study provides the impact of terrorism, investment, and government expenditure on economic growth in four ASEAN countries (Indonesia, Philippines, Thailand, and Myanmar). The fix effect model indicates that terrorism and investment have a negative and significant effect on economic growth, while government expenditure has a significant positive impact.
{"title":"Terrorism on Asean’s economic growth, does it matter?","authors":"Mertha Pessela, Erika Haryulistiani Saksono","doi":"10.22219/jiko.v7i02.19034","DOIUrl":"https://doi.org/10.22219/jiko.v7i02.19034","url":null,"abstract":"This study provides the impact of terrorism, investment, and government expenditure on economic growth in four ASEAN countries (Indonesia, Philippines, Thailand, and Myanmar). The fix effect model indicates that terrorism and investment have a negative and significant effect on economic growth, while government expenditure has a significant positive impact.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131600222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-02DOI: 10.22219/jiko.v7i01.20150
Wan Suryani, Fitriani Tobing, Yesika Emelia Girsang
This study aims to determine what factors influence the investment interest of millennials (Y) and Z generations in North Sumatra. This research was conducted by survey method, and the number of respondents in this study was 280. The results indicate that two main factors determine millennials and generation z in investing intention: first, knowledge, self-motivation, social environment that has investment experience, and initial capital; and second, variables include information, transparency, social media influencers, and financial literacy.
{"title":"Factor Analysis of investment intention: Millennials and Gen Z perspective","authors":"Wan Suryani, Fitriani Tobing, Yesika Emelia Girsang","doi":"10.22219/jiko.v7i01.20150","DOIUrl":"https://doi.org/10.22219/jiko.v7i01.20150","url":null,"abstract":"This study aims to determine what factors influence the investment interest of millennials (Y) and Z generations in North Sumatra. This research was conducted by survey method, and the number of respondents in this study was 280. The results indicate that two main factors determine millennials and generation z in investing intention: first, knowledge, self-motivation, social environment that has investment experience, and initial capital; and second, variables include information, transparency, social media influencers, and financial literacy.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116567481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-26DOI: 10.22219/jiko.v7i01.19310
Nabila Nursyadza, Herniwati Retno Handayani
This research explores the tourism sector's role in poverty reduction in the Bangka Belitung Islands Province. Independent variables used in this study include the number of tourists, the number of business units in the tourism sector, and the number of employment in the tourism sector. We use data from the Central Bureau of Statistics consisting of 6 districts and one city in the Bangka Belitung Islands from 2013-to 2018. Ordinary least square is used in this study. The results of this study indicate that the three independent variables in the survey simultaneously affect the dependent variable. The number of tourists and the number of business units in the tourism sector has adverse and significant effects on poverty reduction. In contrast, the employment variable in the tourism sector partially can't impact poverty reduction.
{"title":"Tourism and poverty alleviation in Bangka Belitung Islands","authors":"Nabila Nursyadza, Herniwati Retno Handayani","doi":"10.22219/jiko.v7i01.19310","DOIUrl":"https://doi.org/10.22219/jiko.v7i01.19310","url":null,"abstract":"This research explores the tourism sector's role in poverty reduction in the Bangka Belitung Islands Province. Independent variables used in this study include the number of tourists, the number of business units in the tourism sector, and the number of employment in the tourism sector. We use data from the Central Bureau of Statistics consisting of 6 districts and one city in the Bangka Belitung Islands from 2013-to 2018. Ordinary least square is used in this study. The results of this study indicate that the three independent variables in the survey simultaneously affect the dependent variable. The number of tourists and the number of business units in the tourism sector has adverse and significant effects on poverty reduction. In contrast, the employment variable in the tourism sector partially can't impact poverty reduction.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127201378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-25DOI: 10.22219/jiko.v7i01.18721
A. Murtado, Achmad Andru, Agustina Darmayanti, Krisno Adriadi
This study aims to detect fraudulent financial statements using the Pentagon's fraud theory. The fraud pentagon theory is projected with financial targets, financial stabilities, external pressure, institutional ownership, ineffective monitoring, quality external auditors, change in auditor, capability, and CEO arrogancy. This study uses a quantitative research design and secondary data from 44 state-owned enterprises. The multiple regression analysis shows that external pressure and institutional ownership affect fraudulent financial statements. While financial targets, financial stabilities, ineffective monitoring, quality external auditors, change in auditor, capability, and arrogancy do not affect fraudulent financial statements.
{"title":"Detecting fraud of financial statement through pentagon's fraud theory","authors":"A. Murtado, Achmad Andru, Agustina Darmayanti, Krisno Adriadi","doi":"10.22219/jiko.v7i01.18721","DOIUrl":"https://doi.org/10.22219/jiko.v7i01.18721","url":null,"abstract":"This study aims to detect fraudulent financial statements using the Pentagon's fraud theory. The fraud pentagon theory is projected with financial targets, financial stabilities, external pressure, institutional ownership, ineffective monitoring, quality external auditors, change in auditor, capability, and CEO arrogancy. This study uses a quantitative research design and secondary data from 44 state-owned enterprises. The multiple regression analysis shows that external pressure and institutional ownership affect fraudulent financial statements. While financial targets, financial stabilities, ineffective monitoring, quality external auditors, change in auditor, capability, and arrogancy do not affect fraudulent financial statements.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126886280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-29DOI: 10.22219/jiko.v7i01.19975
Abimanyu Tuwuh Sembhodo, Adya Hermawati, Endang Fatmawati, I. Wayan Ruspendi Junaedi
This study aims to understand the behavior of housing buyers. The data collected in this study use a survey method, using the purposive sampling technique to generate 40 respondents. Structural equation modeling (SEM) showed that service quality innovation did not improve purchasing decisions but purchasing intention mediating service innovation and purchasing decision.
{"title":"Purchasing decision optimization strategy by service quality innovation through purchase intention","authors":"Abimanyu Tuwuh Sembhodo, Adya Hermawati, Endang Fatmawati, I. Wayan Ruspendi Junaedi","doi":"10.22219/jiko.v7i01.19975","DOIUrl":"https://doi.org/10.22219/jiko.v7i01.19975","url":null,"abstract":"This study aims to understand the behavior of housing buyers. The data collected in this study use a survey method, using the purposive sampling technique to generate 40 respondents. Structural equation modeling (SEM) showed that service quality innovation did not improve purchasing decisions but purchasing intention mediating service innovation and purchasing decision.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"101 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124785272","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-26DOI: 10.22219/jiko.v7i01.19920
Meitiana Meitiana, Abimanyu Tuwuh Sembhodo
This study aims to determine the effect of the quality of electronic services and sales promotion on customer satisfaction and loyalty, either directly or indirectly, where customer satisfaction is an intervening variable. This research is explanatory research with 96 respondents. Determination of the sample using non-probability sampling technique and applying structural equation modeling for analysis. The results of the study show that the quality of electronic services has a positive and significant effect on customer satisfaction; electronic services have no significant impact on loyalty; sales promotion has a positive and significant impact on customer satisfaction; sales promotion has a negative and significant effect on customer loyalty; customer satisfaction has a positive and significant impact on customer loyalty; the quality of electronic services has a positive and significant impact on customer loyalty through customer satisfaction. Sales promotion has a positive and significant effect on customer loyalty through customer satisfaction.
{"title":"Do e-services and promotion affect customer loyalty?","authors":"Meitiana Meitiana, Abimanyu Tuwuh Sembhodo","doi":"10.22219/jiko.v7i01.19920","DOIUrl":"https://doi.org/10.22219/jiko.v7i01.19920","url":null,"abstract":"This study aims to determine the effect of the quality of electronic services and sales promotion on customer satisfaction and loyalty, either directly or indirectly, where customer satisfaction is an intervening variable. This research is explanatory research with 96 respondents. Determination of the sample using non-probability sampling technique and applying structural equation modeling for analysis. The results of the study show that the quality of electronic services has a positive and significant effect on customer satisfaction; electronic services have no significant impact on loyalty; sales promotion has a positive and significant impact on customer satisfaction; sales promotion has a negative and significant effect on customer loyalty; customer satisfaction has a positive and significant impact on customer loyalty; the quality of electronic services has a positive and significant impact on customer loyalty through customer satisfaction. Sales promotion has a positive and significant effect on customer loyalty through customer satisfaction.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133294252","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-12-31DOI: 10.22219/jiko.v7i01.18679
Supitriyani Supitriyani, A. Astuti, Khairul Azwar
This study aimed to analyze and test the effect of stock returns, activity, profitability, and liquidity on firm value. We are using a sample of 14 companies obtained through the purposive sampling method on the transportation sub-sector companies listed on the Indonesia Stock Exchange. The results of this study indicate that stock returns, activity, profitability, and liquidity have a significant effect on firm value simultaneously. Partially, stock returns and profitability have a significant positive impact; activity has no significant positive impact, and liquidity has a significant negative effect on firm value.
{"title":"Influence of profitability on firm value: Data from transportation sector","authors":"Supitriyani Supitriyani, A. Astuti, Khairul Azwar","doi":"10.22219/jiko.v7i01.18679","DOIUrl":"https://doi.org/10.22219/jiko.v7i01.18679","url":null,"abstract":"This study aimed to analyze and test the effect of stock returns, activity, profitability, and liquidity on firm value. We are using a sample of 14 companies obtained through the purposive sampling method on the transportation sub-sector companies listed on the Indonesia Stock Exchange. The results of this study indicate that stock returns, activity, profitability, and liquidity have a significant effect on firm value simultaneously. Partially, stock returns and profitability have a significant positive impact; activity has no significant positive impact, and liquidity has a significant negative effect on firm value.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134647843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-07DOI: 10.22219/jiko.v7i01.18111
Nur Aini, A. Ferdinand
This study aims to formulate a conceptual model for analyzing several variables on customer engagement and brand loyalty, especially in the fast-moving consumer goods (FMCG) industry. The self-congruence theory used in this study will go through the value of congruity, brand attractiveness, and customer-brand identification. The study uses structural equation modeling with samples of 105 respondents. The result is value congruence has a positive effect on brand attractiveness and customer brand identification. Customer engagement has a positive impact on customer brand identification. Brand attractiveness has a positive impact on customer brand identification and brand loyalty. Also, customer brand identification has a positive effect on brand loyalty.
{"title":"Self-congruence theory: Factors affecting brand loyalty in fast-moving consumer goods industry","authors":"Nur Aini, A. Ferdinand","doi":"10.22219/jiko.v7i01.18111","DOIUrl":"https://doi.org/10.22219/jiko.v7i01.18111","url":null,"abstract":"This study aims to formulate a conceptual model for analyzing several variables on customer engagement and brand loyalty, especially in the fast-moving consumer goods (FMCG) industry. The self-congruence theory used in this study will go through the value of congruity, brand attractiveness, and customer-brand identification. The study uses structural equation modeling with samples of 105 respondents. The result is value congruence has a positive effect on brand attractiveness and customer brand identification. Customer engagement has a positive impact on customer brand identification. Brand attractiveness has a positive impact on customer brand identification and brand loyalty. Also, customer brand identification has a positive effect on brand loyalty.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128974155","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.22219/jiko.v6i03.18221
Fendy Cuandra, J. Rinaldo
The purpose of this research is to identify the factors that support mutual funds investment decisions through overconfidence, risk perception, loss aversion, availability, and herding variables on the investment decisions of the residents of Batam City. Data were collected through questionnaires and processed using multiple linear regression. The results of testing and processing research data show that overconfidence, loss aversion, and herding significantly positively affect investment decisions, while risk perception and availability do not affect investment decisions.
{"title":"Why do investors choose a mutual fund?","authors":"Fendy Cuandra, J. Rinaldo","doi":"10.22219/jiko.v6i03.18221","DOIUrl":"https://doi.org/10.22219/jiko.v6i03.18221","url":null,"abstract":"The purpose of this research is to identify the factors that support mutual funds investment decisions through overconfidence, risk perception, loss aversion, availability, and herding variables on the investment decisions of the residents of Batam City. Data were collected through questionnaires and processed using multiple linear regression. The results of testing and processing research data show that overconfidence, loss aversion, and herding significantly positively affect investment decisions, while risk perception and availability do not affect investment decisions.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124179471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-31DOI: 10.22219/jiko.v6i03.18425
Roby Sambung, Ricky Kristiawan, Olivia Winda Ony Panjaitan
This study aims to determine whether job satisfaction mediates the relationship between transformational leadership and the organizational commitment of civil servants. A structural equation modelling approach was used to test the collected data with a sample of 51 respondents. The results show that job satisfaction can mediate the relationship between transformational leadership and organizational commitment.
{"title":"Does transformational leadership encourage organizational commitment?","authors":"Roby Sambung, Ricky Kristiawan, Olivia Winda Ony Panjaitan","doi":"10.22219/jiko.v6i03.18425","DOIUrl":"https://doi.org/10.22219/jiko.v6i03.18425","url":null,"abstract":"This study aims to determine whether job satisfaction mediates the relationship between transformational leadership and the organizational commitment of civil servants. A structural equation modelling approach was used to test the collected data with a sample of 51 respondents. The results show that job satisfaction can mediate the relationship between transformational leadership and organizational commitment.","PeriodicalId":158927,"journal":{"name":"Jurnal Inovasi Ekonomi","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122197767","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}